Shares of CEOVU (00798) surged more than 9% during the trading session. At the time of writing, the stock was up 9.03% to HK$0.157.

The catalyst for the rise appears to be a recent project launch. The Torch Haicang 308 Science Park project has officially commenced. This initiative is a key part of Haicang District's 2026 activities focused on artificial intelligence and the integration of industrial, innovation, talent, and capital chains. As the first development project in Haicang District for the Torch Group, the park revitalizes the existing land of the former 308 Industrial Park. In a significant collaboration, the project is partnering with leading industry operations group CEOVU to implement an innovative "agile customization" development model. The park will focus on attracting high-quality companies in sectors including electronics and information technology, biomedicine, and new materials.

This news follows the company's recent release of its full-year results for the period ending December 31, 2025. For the 2025 fiscal year, CEOVU reported total revenue of approximately RMB 3.92 billion, representing a year-on-year increase of 9.2%. Revenue from park operations amounted to RMB 2.137 billion, accounting for 54.5% of total revenue. The company generated a net cash inflow from operating activities of RMB 104 million, marking the seventh consecutive year of positive operating cash flow, indicating a stable financial foundation.

Notably, the agile customization business, which is a critical pathway for CEOVU's business model innovation, demonstrated strong growth momentum in 2025. The contracted area for such projects exceeded 78,000 square meters, with contract values surpassing RMB 328 million, underscoring the ongoing release of its development potential.