RADIANCE HLDGS's stock soared 6.74% during intraday trading on Thursday, continuing a dramatic rebound from recent record lows.

The current rise is widely viewed as a continuation of the technical rebound from deeply oversold levels, primarily driven by speculative short-term capital rather than any fundamental improvement in the company's financial situation.

Notably, the company's fundamentals remain severely challenged with full-year revenue falling 42.69% year-over-year and a net loss attributable to shareholders of 6.919 billion yuan. The stock had previously plunged to a record low before staging this multi-session rebound.