Sharetronic Soars on AI Eyewear and Storage Market Boom, Hits Record High Share Price

Sharetronic Data Technology Co Ltd, listed under the ticker 300857 on the Shenzhen Stock Exchange, has experienced a remarkable rally in late September 2025, propelled by a confluence of sector‑wide optimism in artificial‑intelligence (AI) eyewear and a broader upturn in the storage‑device market. The company’s share price, which had been trading near 167.6 CNY on 2025‑09‑16, reached an all‑time high of 167.60 CNY on 2025‑09‑17, marking an unprecedented 6.76 % increase in a single session. This performance eclipsed the historical peak set on 2025‑09‑16, where the stock rose 13.10 % to 156.99 CNY.

1. Market Context

The AI‑eyewear segment has become a focal point for investors seeking high‑growth technology plays. Meta’s forthcoming “Meta Connect 2025” conference, scheduled for 17‑18 September, highlighted the company’s commitment to integrating AI into smart‑glasses, generating a wave of speculation and demand across related stocks. In the days leading up to the event, a number of AI‑eyewear concept stocks—such as Wave Length Optoelectronics, YONGXIN Optics, and KOSEN Technology—recorded significant gains, with several hitting the daily limit rise (up 11 % or more).

Within this environment, Sharetronic’s fundamentals align closely with the narrative: the firm specializes in the development and manufacturing of IoT smart terminals and data‑storage devices, both of which are critical components for AI‑enabled wearable systems. Its revenue mix—37.11 % from data‑storage devices, 24.69 % from smart‑computing products and services, and 17.70 % from IoT smart terminals—underscores a diversified yet synergistic product portfolio.

2. Investor Sentiment and Capital Flow

Institutional momentum has been palpable. Three funds under the management of Bank of China Securities placed a significant stake in Sharetronic, collectively holding 41,800 shares and incurring a cumulative unrealised loss of 359,100 CNY as of the close on 2025‑09‑18. Despite this, the stock’s liquidity remained robust, with a turnover of 4.083 billion CNY and a 7.15 % trading volume on 2025‑09‑18.

Financial media outlets have reported that Sharetronic attracted more than 900 million CNY in net margin‑financing purchases during September, with several analysts forecasting net profit growth of over 30 % in the coming two years. This optimistic outlook is reinforced by the company’s commitment to expanding its computing‑as‑a‑service (CaaS) and server leasing business. Sharetronic’s management has confirmed that server procurement activities are proceeding as scheduled and that investment in the CaaS segment will continue to accelerate.

3. Strategic Position in Storage and AI Ecosystems

The storage sector itself is undergoing a price‑up cycle, driven by supply constraints and a shift toward higher‑end products. Major players such as SanDisk and Micron have raised prices on NAND and DRAM components, creating upward pressure on the value chain. Sharetronic’s core product of data‑storage devices is poised to benefit from this trend, as its revenue from this segment constituted 37.11 % of total sales in the latest reporting period.

Concurrently, the company’s involvement in AI‑eyewear platforms positions it to capture ancillary revenue streams. AI eyewear devices demand high‑performance compute and storage solutions, areas where Sharetronic’s product line is already well established. The synergy between its smart terminal manufacturing and data‑storage capabilities is expected to translate into higher margin contributions from new AI‑centric product launches.

4. Recent Corporate Actions and Guidance

Sharetronic has clarified that it does not maintain any partnership with Oracle (甲骨文公司), thereby mitigating concerns about potential conflicts of interest or undisclosed collaborations. The firm remains focused on its core competencies in hardware and software integration, with no current alliances reported that might affect its strategic trajectory.

In terms of future guidance, the company has reiterated its plan to intensify investment in the computing‑as‑a‑service arena. While specific financial targets were not disclosed, the emphasis on “持续加大投入” (continuous increased investment) suggests a forward‑looking commitment to scaling its services portfolio in tandem with hardware sales.

5. Outlook

Sharetronic’s share price performance over the past year illustrates a 420.19 % appreciation, vastly outpacing the 44.05 % rise of the broader CSI 300 index. With the AI‑eyewear narrative gaining traction and the storage market enjoying a price‑up cycle, the company is well positioned to sustain its momentum. Analysts remain cautiously optimistic, noting that while institutional buying and media buzz have driven recent gains, the underlying fundamentals—diversified revenue streams, strong product alignment with emerging AI use‑cases, and proactive capital deployment—provide a solid foundation for continued growth.

The next key event will likely be Sharetronic’s performance announcement following the Meta Connect 2025 conference, where any incremental adoption of AI eyewear platforms by major players could further validate the company’s strategic positioning. Investors will be watching closely for updates on the expansion of the computing‑as‑a‑service business, any new product launches, and further evidence of market share gains in the competitive storage and IoT terminal space.