On September 1, MININGLAMP-W rose 5.19% in regular trading, trading at HKD 47.04 per share, with turnover of HKD 148 million. The rally was driven by a dual catalyst of favorable AI policy and solid interim results.

On the policy front, the Ministry of Industry and Information Technology issued a notice on fostering AI application service providers, targeting a nationwide resource pool exceeding 2,000 service providers by year-end. The announcement lifted the broader HK-listed AI application sector, with Vobile Group rising over 6% and Unisound gaining over 5%.

On the fundamentals side, the company reported H1 revenue of RMB 760 million, up 18.0% year-over-year, while net loss narrowed 68.5% to RMB 64.2 million. Notably, its AI agent-based service revenue surged 605.7% to RMB 171 million, signaling strong commercial traction. R&D spending rose 52.3% to RMB 229 million as the company deepened investment in large model and agent technologies. Additionally, the company previously signed a supplemental procurement framework agreement with Tencent Cloud, raising the annual cap to approximately RMB 1.279 billion, reinforcing market confidence in its AI revenue trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)