Changes in Hong Kong stocks | Jiuxing Holdings (01836) rose nearly 5% in the third quarter, consolidated revenue rose by about 2.2% and released a three-year plan to expand and diversify production bases

The Zhitong Finance App learned that Jiuxing Holdings (01836) rose nearly 5%. As of press release, it had risen 4.64% to HK$13.07, with a turnover of HK$1.0437 million.

According to the news, on October 15, Jiuxing Holdings announced that in the three months ended September 30, 2026, the Group's unaudited consolidated revenue increased by about 2.2% to US$412.9 million (2025: US$404.2 million); in the nine months ended September 30, 2026, the Group's unaudited consolidated revenue rose by about 1.7% to US$1,199.6 million (2025: US$1,179.2 million).

According to the three-year plan (2026-2028) recently released by the company, the Group is working to expand and diversify production bases to support future growth. The Group's new exclusive factory in Vietnam for a high-end sports customer began operation in the third quarter of 2026. It is expected that production capacity will continue to increase in 2027, while the Group's two new plants in Indonesia and Bangladesh are expected to commence operation in the fourth quarter of 2026. Together with the Group's current plant in Solo, Indonesia, these new plants are expected to increase the Group's total production capacity by about 20 million pairs in the next few years. The Group plans 2026 as the investment year, and it is expected that most of the profit growth brought about by the strategies outlined in the three-year plan will be realized later in the 2026-2028 period.