JD INDUSTRIALS (07618) rose more than 7% following its earnings report. As of writing, the stock is up 7.64% to HK$15.54, with a turnover of HK$7.3544 million.

On May 12, JD INDUSTRIALS released its first-quarter 2026 results. Revenue reached RMB 5.66 billion, a year-on-year increase of 25.3%. Non-IFRS profit for the period was RMB 230 million, surging 54.4% year-on-year, demonstrating healthy growth momentum.

Notably, the company's industrial large-scale model, JoyIndustrial, has generated clear value through full-chain innovation and application. Nearly 40 AI agents are now serving over 3,000 key enterprise clients. Furthermore, the large model is driving product standardization and the construction of an industrial goods price index. The latter has been opened for internal industry testing, helping large enterprises, particularly central and state-owned enterprises, address challenges related to commodity price compliance.

On the same day, JD INDUSTRIALS announced that its board of directors has authorized and approved a plan to repurchase up to $200 million worth of the company's shares on the open market over a 24-month period starting from the approval date. The board believes that the proposed share repurchase under current circumstances demonstrates the company's confidence in its current and long-term business outlook and prospects, which will ultimately benefit the company and create value for shareholders.