On July 14, Hua Qin Technology rose 5.04% in regular trading, trading at HK$68.25/share, with turnover of HK$15.86 million.

On the news front, the company released its half-year earnings preview on July 13 evening, projecting H1 net profit attributable to shareholders of RMB 2.9 billion to RMB 3.05 billion, representing year-over-year growth of 53.5% to 61.5%. Based on Q1 net profit of RMB 1.061 billion, Q2 standalone net profit is estimated at RMB 1.839 billion to RMB 1.989 billion, representing a sequential increase of 73% to 87%. The company attributed the strong performance to steady growth in its mobile terminal business and computing and data business, along with rapid expansion of its innovation segment.

Additionally, the company recently increased its stake in Nexchip Semiconductor H-shares to 10%, deepening its upstream-downstream supply chain synergies. In late June, multiple directors and senior executives announced plans to collectively purchase RMB 24 million worth of A-shares and H-shares within one month, signaling confidence in the company's long-term value.

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