Core Viewpoint - Weisheng Holdings (03393) has seen a significant stock price increase of over 25% following the release of its interim results, indicating strong market performance and investor confidence [1] Financial Performance - The company reported a revenue of 4.39 billion RMB, representing a year-on-year increase of 17.34% [1] - Net profit attributable to shareholders reached 440 million RMB, marking a year-on-year growth of 32.81% [1] Market Analysis - CICC's report highlights that Weisheng's performance exceeded expectations, driven by expansion in external markets such as telecommunications and better-than-peer domestic meter deliveries [1] - Citigroup's analysis indicates that the net profit for the first half of the year rose by 32.8% to 440 million RMB, surpassing the market's forecast of a 28.3% increase for the full year [1] Business Segments - The revenue from the smart distribution and power supply system solutions (ADO) grew by 9.2% year-on-year, primarily due to strong product demand from overseas data centers [1] - Management maintains a dividend payout ratio of 50% for 2025 and anticipates robust new orders from overseas data centers, supporting a projected 21% growth in ADO business revenue for the year [1]
威胜控股再涨超9% 绩后累涨逾25% 海外数据中心新订单表现强劲