XUNCE (03317) stock soared 5.53% during intraday trading on Tuesday, extending gains following a positive profit alert and a bullish analyst initiation.

Northeast Securities initiated coverage on XUNCE on August 3 with an Overweight rating, citing AI data infrastructure demand release and Token model migration as dual growth drivers. The broker highlighted that Token revenue contribution is the core variable for future revenue quality and valuation logic.

Additionally, the company previously issued a positive profit alert for the first half of the year, projecting revenue of approximately RMB 967 million, a 389% year-over-year surge to a record high. It achieved its first-ever half-year profitability with attributable net profit of approximately RMB 72.51 million, driven by accelerated TokenOS deployment and exponential growth in Token usage volume, where June Token business ARR rose 410% quarter-over-quarter.