GUOQUAN's stock surged 5.57% intraday on Thursday, driven by a dual announcement of a significant share repurchase program and robust first-quarter financial guidance.

The company announced its board resolved to use up to HK$200 million of its own funds to repurchase H-shares on the open market, subject to shareholder approval. The repurchased shares may be cancelled or held as treasury shares.

Simultaneously, the company disclosed strong preliminary results for the first quarter, with unaudited core operating profit expected to grow by approximately 45.3% to 61.0% year-over-year. This combination of a substantial capital return initiative and accelerating profitability bolstered investor confidence, leading to the significant price appreciation.