Hong Kong Stocks Alert | CEOVU (00798) Surges Over 5% After Winning Greater Bay Area Intelligent Power Equipment Innovation Valley Comprehensive Operation Service Project

Stock News
2025/10/02

CEOVU (00798) surged over 5%, rising 5.6% to HK$0.245 as of press time. On the news front, CEOVU successfully won the bid for the Greater Bay Area Intelligent Power Equipment Innovation Valley full-process engineering consulting and investment promotion operation service project on September 28, with a contract value of 38.4514 million yuan. CEOVU will provide comprehensive construction management and integrated investment promotion operation services.

The Greater Bay Area Intelligent Power Equipment Innovation Valley is a demonstration project in Nanhai District, Foshan City, Guangdong Province, aimed at reshaping industrial competitiveness under the "dual carbon" strategy. This successful bid once again highlights the superiority of CEOVU's park methodology of "systematic planning," "comprehensive operation," and "agile customization," symbolizing deep integration into the Greater Bay Area development strategy.

In the first half of this year, CEOVU achieved revenue of approximately 1.471 billion yuan, up 0.79% year-on-year; gross profit of approximately 367 million yuan, up 1.11% year-on-year; and profit attributable to shareholders of 1.771 million yuan. New contract signings reached 1.539 billion yuan, up 8% year-on-year, with comprehensive operation business contract signings increasing 31% compared to the same period last year, and office park contract signings growing 13% year-on-year. Sales collections amounted to approximately 2.325 billion yuan, up 34% year-on-year.

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