AUNTEA JENNY (02589) surged more than 11% again. As of the time of writing, the stock was up 7.85%, trading at HKD 96.15, with a turnover of HKD 38.8449 million. The surge is driven by the company's earnings forecast, which anticipates a full-year 2025 net profit of RMB 495 million to RMB 525 million, representing a year-on-year increase of 50% to 60%. Adjusted net profit is projected to be between RMB 560 million and RMB 590 million, marking a growth of 34% to 41%. Galaxy Securities stated that, based on their calculations, the adjusted net profit for the second half of the year is expected to reach RMB 320 million to RMB 350 million, with a staggering year-on-year growth rate of 54.8% to 69.5%. The bank believes that the rapid growth in the second half's performance is primarily driven by three core factors: an accelerated pace of store network expansion, a significant leap in same-store operational efficiency, and the realization of benefits from cost reduction and efficiency improvement initiatives. GF Securities noted that the company is expected to fully capitalize on the food delivery dividends in 2025, leading to high same-store growth. With management's e-commerce background and familiarity with platform strategies, the company has effectively captured traffic from the intense food delivery competition. Looking ahead, the brokerage believes the company's capabilities in acquiring and retaining customers have improved. Coupled with the anticipated gradual volume increase from coffee and breakfast offerings, along with continuous product category innovation, GF Securities expects the main brand's same-store sales to maintain a degree of resilience in 2026.