SHANGSHAN GOLD (01939) surged more than 50% during the afternoon session. As of the time of writing, the stock was up 47.5%, trading at HK$1.18, with a turnover of HK$33.0907 million. In November of last year, SHANGSHAN GOLD disclosed its results for the first half of fiscal year 2026 (April to September 2025). The financial report revealed that during the reporting period, the company's revenue surged 139.8% year-on-year to HK$76.474 million, gross profit increased by 25.2% year-on-year to HK$33.734 million, and the net profit indicator turned from a loss to a profit, reaching HK$665,000. Earlier, SHANGSHAN GOLD achieved a significant new breakthrough in its financing affairs, successfully completing a placement of 11.88 million shares and raising net proceeds of approximately HK$90 million. It is reported that these funds will subsequently be primarily allocated towards global channel expansion and brand system construction, with a core focus on the large-scale deployment and technological upgrades of gold smart terminals.