Changes in Hong Kong stocks | Zhiyuan Holdings (00990) rose nearly 8%, and profitability improved markedly in the first half of the year, clarifying the lithium value chain and AI industry as a strategic development direction

Zhitongcaijing · 1d ago

The Zhitong Finance App learned that Zhiyuan Holdings (00990) rose nearly 8%. As of press release, it had risen 7.08% to HK$0.605, with a turnover of HK$16.747,900.

According to the news, recently, Zhiyuan Holdings announced the 2026 interim results. The company's revenue from continuing operations in the first half of the year was approximately HK$14.964 billion, up about 49% year on year; gross profit of about HK$452 million and operating profit of about HK$395 million, up about 92% and 139% respectively over the same period of the previous year; gross margin for the first half of the year increased to about 3.02%, an increase of about 0.67 percentage points over the same period last year. The growth rate of gross profit and operating profit was higher than the increase in revenue, and the company's profitability improved significantly.

In the future outlook section of the interim report, the company also clearly included the lithium value chain and AI infrastructure-related businesses in the future development direction at the same time. Among them, the company officially upgraded statements related to the AI industry as part of its future strategy. Management said that the company will focus on artificial intelligence infrastructure and other related fields for strategic transformation, and has begun planning and implementing related work to support subsequent business growth, and will make timely announcements in accordance with relevant requirements. The company's layout in the AI industry has entered the medium- to long-term observation window and is worth paying attention to.