QIAN XUN TECH (01640) surged over 5%, rising 5.64% to HK$4.68 at the time of writing, with a trading volume of HK$618,000.

On the news front, QIAN XUN TECH's previously released interim results for 2025 showed that the group achieved revenue of RMB 647 million in the first half of the year, representing a year-on-year increase of 864.17%. Profit attributable to company owners reached RMB 51.469 million, up 859.17% year-on-year.

The announcement indicated that the explosive revenue growth was primarily attributed to the second-hand electronic products e-commerce business acquired by the company in August 2024, which recognized approximately RMB 626 million in revenue during the reporting period. The e-commerce business has become the company's largest source of revenue and profit.

Notably, QIAN XUN TECH has been actively innovating in the second-hand 3C e-commerce business field. Through diversified recycling channels including online platform recycling, self-service kiosk recycling, and self-operated store recycling at city operation centers, the company has achieved efficient recycling of second-hand 3C products. The QIAN XUN Premium city operation center, which has been officially operating for three months, has completed model testing and achieved positive monthly cash flow and net profit.

Meanwhile, leveraging advanced AI technology and the SaaS platform "Fenhao Cloud," QIAN XUN TECH provides one-stop services for second-hand digital trading, including precise pricing, intelligent co-selling, and inventory management, significantly improving transaction efficiency and turnover rates.