YOUZAN Shares Surge Nearly 25% at Opening Following Approval for Main Board Transfer

Deep News
04/10

YOUZAN (08083) opened sharply higher, gaining nearly 15% in early trading. At the time of writing, the stock was up 24.63%, trading at HK$0.167, with a turnover of HK$40.2262 million.

On April 9, YOUZAN announced that the Stock Exchange of Hong Kong had granted its principle approval for the transfer of its listing on April 8, 2026. The last day of trading for the company's shares on the GEM will be April 16, 2026. The shares are expected to commence trading on the Main Board at 9:00 a.m. on April 17, 2026, under the stock code 6051. The company believes that the Main Board transfer will enhance its corporate image and public recognition, thanks to the Main Board's larger total market capitalization, higher trading volume, and relatively greater international visibility. This move is also expected to provide the group with more competitive financing terms, improve its ability to optimize the overall capital structure, and offer access to a broader base of international investors.

Previously released annual results for 2025 showed that YOUZAN achieved annual revenue of approximately RMB 1.49 billion, representing a year-on-year increase of about 3%. The company reported an annual profit of approximately RMB 160 million, turning a profit from a loss, with the net profit margin rising to about 11%. The company's operational target for 2026 is to achieve accelerated revenue growth while maintaining profit margins, accelerate the implementation of AI applications, and commercialize its AI capabilities.

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