(Yicai) Jan. 19 -- Shares of Hengxin Shambala Culture jumped despite the Chinese developer of virtual reality content making clear that a recent visit by members of Apple's developer relations team did not involve the signing of any agreement between the companies.

After surging by as much as 11.7 percent shortly after the opening bell in Shenzhen, Hengxin Shambala [SHE: 300081] ended the day 2.8 percent up at CNY9.98 (USD1.40) a share.

The stock gained by its 20 percent daily trading limit yesterday after the Beijing-based company said staff from the US tech giant's Asia-Pacific developer relations team had visited the day before and tried out its products and discussed content development for the Vision Pro, Apple's new mixed reality headset.

The visit was mainly to enhance understanding and discuss content development technologies, Hengxin Shambala clarified in a statement today. Hengxin Shambala is only one of the global content developers for the Vision Pro, and none of its content is available on the platform yet, the company added.

Hengxin Shambala had a net loss of CNY100 million (USD14.1 million) in the nine months ended Sept. 30, while revenue surged 51 percent to CNY311 million.

The Vision Pro, priced at USD3,499 apiece, will start taking orders in the United States today and launch on Feb. 2.

Editor: Martin Kadiev