Inno Holdings Inc. shares rise 2.20% premarket after Innoscience Suzhou Technology posts HY loss of RMB428.

Inno Holdings Inc. rose 2.20% in premarket trading, with the company's subsidiary, Innoscience Suzhou Technology, reporting a half-year loss of RMB428 million. The company is primarily engaged in the production and sales of gallium nitride on silicon (GaN-on-Si) semiconductor products, which are used in various applications including consumer electronics, renewable energy, and automotive electronics.