JIHONG CO (02603) continued its upward momentum with another surge of nearly 9%. As of press time, the stock was up 7.18% to HK$18.81, with a turnover of HK$10.9034 million.
On the news front, JIHONG CO previously issued a profit alert, forecasting that its net profit attributable to shareholders for the first three quarters of 2025 would reach approximately RMB 209 million to RMB 222 million, representing a year-on-year increase of 55% to 65%. This growth is primarily attributed to the company's cross-border social e-commerce business, which continued to deepen brand building and regional expansion while leveraging industry expertise and technological capabilities, resulting in substantial increases in both revenue scale and profit. Additionally, the paper-based fast-moving consumer goods packaging business benefited from long-term strategic partnerships with leading companies in the FMCG segment, achieving significant improvement in profitability through group-wide refined management and continuous enhancement of operational and resource utilization efficiency.
Notably, JIHONG CO indicated that it will continue to increase investment in AI research and development as well as proprietary brands in the future, further developing intelligent and branded cross-border e-commerce operations. The company will also accelerate the construction of its Middle East packaging base and actively explore overseas packaging markets to achieve comprehensive business expansion globally.
Analysts believe that JIHONG CO, leveraging AI applications already integrated into the company's Giikin system, can seamlessly connect various stages of business processes with minimal human intervention, effectively utilizing AI to drive the company's business development.