Hong Kong Stock Movement | MING YUAN CLOUD (00909) Surges Over 6% in Afternoon Trading as Company Set to Release Interim Results Tomorrow, Goldman Sachs Says Profit Alert Performance Exceeds Expectations

Stock News
Aug 25

MING YUAN CLOUD (00909) surged over 6% in afternoon trading. As of press time, the stock was up 6.68% to HK$4.31, with a turnover of HK$130 million. On the news front, MING YUAN CLOUD plans to hold a board meeting on August 26 to approve its interim results. The company previously issued a profit alert, expecting net profit attributable to shareholders of approximately RMB 12.09 million to RMB 15.41 million for the first half of the year, compared to a loss of RMB 115 million in the same period last year. Goldman Sachs believes that MING YUAN CLOUD's first-half profit performance exceeded expectations, mainly due to ideal cost control. Additionally, MING YUAN CLOUD recently announced its intention to acquire 100% equity of ASIOT Co., Ltd. for a cash consideration of 700 million yen. The target company is a service provider specializing in artificial intelligence (AI) and Internet of Things (IoT) solutions for Japan's real estate industry. Everbright Securities previously noted that in February 2025, MING YUAN CLOUD officially announced it had integrated the DeepSeek large language model, which has been deeply incorporated into the company's full range of AI digital marketing products. Currently, it has been successfully implemented in over 2,500 projects across three major industries: real estate, home furnishing, and automotive, with daily inference usage exceeding 120,000+. It is estimated that the company's AI product contract value reached approximately RMB 30 million in the first half of the year, with the 2025 contract value expected to reach RMB 60 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10