Stock Track | JD INDUSTRIALS Soars 9.03% Intraday on Strong Q1 Earnings and $200M Buyback Plan

Stock Track

05/13

JD INDUSTRIALS' stock price soared 9.03% during intraday trading, following the release of its robust first-quarter financial results and the announcement of a significant share repurchase program.

The company reported Q1 2026 revenue of RMB 5.66 billion, a year-on-year increase of 25.3%. Its non-IFRS profit for the period surged 54.4% to RMB 230 million, demonstrating strong and healthy growth momentum. Furthermore, the company highlighted the value generated by its industrial large-scale AI model, JoyIndustrial, which now serves over 3,000 key enterprise clients through nearly 40 AI agents.

Concurrently, the company's board authorized a plan to repurchase up to $200 million of its shares on the open market over the next 24 months. The board stated that this action reflects confidence in the company's current and long-term business outlook and is intended to create value for shareholders.

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