YOUZAN (08083) surged over 7% during trading. As of press time, the stock price rose 4.17% to HK$0.175, with a trading volume of HK$48.388 million.
YOUZAN recently announced that the company is actively exploring and evaluating the possibility of transferring all its shares from the Hong Kong Stock Exchange's GEM to the Main Board. The evaluation regarding the potential board transfer is currently in preliminary stages, and no formal application has been submitted to the exchange yet. The company stated it will issue separate announcements at appropriate times to promptly update on subsequent developments regarding the potential board transfer.
Guozheng International released a research report stating that YOUZAN, as China's leading e-commerce SaaS service provider, is approaching an important strategic turning point. In the first half of 2025, the company achieved revenue of RMB 714 million, up 4.0% year-on-year, with net profit of RMB 72.742 million, turning from loss to profit year-on-year and achieving a net profit margin of 10.1%, reflecting the effectiveness of the company's "cost reduction and efficiency improvement, focusing on high-value customers" strategy. The firm believes that the GEM listing background has weighed on the company's valuation, and if the transfer to Main Board listing succeeds, combined with improving operational performance, the company's valuation is expected to rise.