Beijing Hanbang Technology Corp Ltd. (HBGK), a prominent player in the digital video surveillance industry, has recently experienced notable developments in its stock performance. Listed on the Shenzhen Stock Exchange, HBGK specializes in the research, development, manufacturing, and sales of digital video surveillance products and systems. The company’s product portfolio includes a comprehensive range of video surveillance solutions, such as audio and video compression cards and embedded digital video recorders.
On February 10, 2026, HBGK’s share price surpassed its annual moving-average line, aligning with a broader market trend where numerous stocks advanced past their yearly benchmarks. This movement was part of a modest uptick in the Shanghai Composite Index, although the overall market performance remained relatively stable, with minor percentage changes in major indices and consistent trading volumes.
Despite the positive momentum in its stock price, HBGK’s financial metrics present a mixed picture. The company’s market capitalization stands at 3 billion CNY, while its price-earnings ratio is reported at -33.38. This negative ratio suggests that the company’s earnings are below its market price, reflecting challenges in profitability.
HBGK’s strategic focus on the surveillance sector continues to drive its operations, as it remains a key supplier of essential components in the industry. The company’s ability to innovate and expand its product offerings will be crucial in navigating the competitive landscape and enhancing its financial performance in the future.




