(Yicai) Sept. 22 -- Shares of Luxshare Precision Industry rose after the chairman of the Chinese iPhone supplier said the company is preparing to manufacture Apple's first headset model.

Luxshare [SHE: 002475] was trading 3.6 percent up at CNY29.93 (USD4.10) as of today's lunch break in Shenzhen.

The Dongguan, Guangdong province-based contract manufacturer will soon start producing the Apple Vision Pro, set to hit the market early next year, Wang Laichun told The Paper yesterday.

Luxshare is manufacturing three iPhone 15 models, which will begin sales today, Wang added, noting that the firm also supplies Apple Watch and AirPods.

In recent years, Luxshare has increased both the number of iPhone models and devices it produces, as the company's iPhone business doubled over the past year, Wang said.

Luxshare is also expanding its production capacity to meet Apple's needs, including building a new industrial park in Kunshan, a county-level city under the jurisdiction of Suzhou, to support iPhone development and mass production, Wang pointed out.

When it received its first Apple order in 2011, Luxshare had only 500 workers in the US tech giant's division, but now, the company has more than 340,000 staffers worldwide during the peak season, she noted.

There is high chemistry and trust between Luxshare and Apple after many years of in-depth collaborations, Wang added.

Luxshare is among the first Apple suppliers to join the US tech giant's clean energy scheme. It pledged that the products it provides to Apple will be manufactured solely with clean energy, such as self-built photovoltaic roofs, direct purchase of green electricity, procuring green power licenses, and green energy investment, to help Apple honor its commitment to be fully carbon neutral by 2030.

Apple is incredibly proud of its supply chain in China, and Luxshare is a terrific partner, said Cui Yushan, Apple's vice president of procurement and operations in Asia. Apple will continue cooperating with innovative Chinese firms to seize opportunities and achieve innovations in China, Cui added.

Editor: Futura Costaglione