ZMJ (00564) surged over 6% in late trading. As of press time, the stock was up 5.86% to HK$16.79, with a trading volume of HK$63.67 million.
On the news front, ZMJ plans to hold a board meeting on August 28 (next Thursday) to approve its interim results. The company recently announced that its H-share Chinese securities name on the Hong Kong Stock Exchange has been changed from "鄭煤機" to "中創智領" (ZMJ), effective from August 13, while the English securities name and stock code remain unchanged.
A securities research report previously indicated that in Q1 2025, the company's coal machinery segment faced periodic earnings pressure, though from a medium to long-term perspective, the coal machinery business still maintains a solid growth foundation. In Q1 2025, the automotive components segment achieved revenue of 5.079 billion yuan, up 4.86% year-on-year, with attributable net profit of 177 million yuan, surging 397.85% year-on-year.
Looking at specific businesses, Yaxin achieved Q1 revenue of 1.794 billion yuan, up 16.58% year-on-year, primarily benefiting from growth in Yaxin's passenger vehicle businesses including shock absorbers and sealing products. Going forward, with the expansion of Yaxin's business and profit recovery in SEG operations, the profitability of the automotive components segment is expected to continue improving.