Core Insights - Insta360 officially listed on the A-share market on June 11, becoming the first company founded by a post-90s entrepreneur on the Sci-Tech Innovation Board, with a first-day opening price of 182 CNY per share and a closing increase of 270%, resulting in a market capitalization exceeding 70 billion CNY [1] Company Overview - The founder Liu Jingkang, who started the company with classmates, entered the previously untapped panoramic camera market in China, and now Insta360 products are sold globally [3] - The company has a long-standing partnership with Apple, highlighted during the WWDC 2025, where Apple announced support for Insta360's native video playback on visionOS 26, enhancing immersive experiences [3][5] Product Development - Insta360's X5 panoramic camera and AcePro 2 action camera will allow direct video playback on Apple Vision Pro, with creators expected to experience this feature in the fall of this year [5] - The collaboration with Apple dates back to 2018, with multiple Insta360 products integrated into the Apple Store, including the recently launched Flow 2 Pro smartphone stabilizer [9] Market Position - Insta360 has become one of the most popular smart imaging brands globally, holding the number one market share in the panoramic camera segment for six consecutive years [9]