Following a 196% surge yesterday, SINO ICT (00365) saw its shares double again this morning, resulting in a cumulative increase of 400% over two trading sessions. At the time of writing, the stock was up 72.73%, trading at HK$1.33, with a turnover of HK$84.776 million.

SINO ICT's 2025 performance report showed that the company achieved revenue of approximately HK$338 million, a year-on-year increase of 36.62%. Profit attributable to owners of the company was HK$19.197 million, turning a profit compared to a loss in the previous year. The company stated that the revenue growth was primarily due to significant increases in income from its SMT and semiconductor equipment manufacturing and related businesses, as well as its energy business.

According to its annual report, SINO ICT's wholly-owned subsidiary, Nitto Intelligent Equipment Technology (Shenzhen) Co., Ltd. (Nitto Technology), has been deeply involved in the SMT and semiconductor equipment manufacturing field for many years, possessing a complete industrial chain layout and extensive industry experience. It provides customers with comprehensive semiconductor and SMT equipment solutions. In 2025, the core business segment maintained a steady growth of 5.43% despite fluctuations in the manufacturing PMI, with the value of independent research and development and patent portfolio continuing to be demonstrated.