On August 20, SICC fell 5.15% in regular trading to HK$70.7, with turnover of HK$111 million, extending the prior session's 8.47% decline. The selloff follows the company's H1 results released after market close on August 19, which revealed a swing to net loss despite revenue growth.

The interim report showed H1 revenue of RMB 9.14 billion, up 15.10% year-over-year, while net loss attributable to shareholders reached RMB 58.62 million versus a profit of RMB 10.88 million in the prior-year period. Operating cash flow turned negative at RMB -20.26 million. The company also booked asset impairment provisions of RMB 30.13 million and cancelled 1.5255 million restricted shares from its 2024 equity incentive plan due to unmet vesting conditions and staff departures. Although Q2 revenue hit a record RMB 5.48 billion with marginal profitability, the overall half-year loss triggered profit-taking following the stock's nearly 45% rally in the preceding month.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)