Core Insights - Minglue Technology-W (02718) experienced a decline of over 7% on its second day of trading, following a significant increase of 106.1% on the previous day [1] - The company's main business focuses on providing data intelligence products and solutions, particularly in marketing intelligence and operational intelligence, leveraging large models and multi-modal data [1] - According to Frost & Sullivan, Minglue Technology is the largest data intelligence application software provider in China by total revenue for 2024 [1] Financial Performance - The company's revenue projections for 2022-2024 are as follows: 1.269 billion RMB, 1.462 billion RMB, and 1.381 billion RMB, with 565 million RMB and 644 million RMB for the first half of 2024 and 2025 respectively [1] - A strategic adjustment in the operational intelligence business is expected to impact revenue negatively in 2024, but a recovery in revenue growth is anticipated in the first half of 2025 [1] - In the first half of 2025, the company achieved an operational profit of 6.1 million RMB, marking its first profitable period, with an adjusted net profit of 24.9 million RMB [1] Market Activity - The IPO of Minglue Technology saw a subscription amount of 352.4 billion HKD, with an oversubscription rate of approximately 3462 times [1] - As of the latest update, the stock price is reported at 269.6 HKD with a trading volume of 133 million HKD [1]
港股异动 | 明略科技-W(02718)上市次日回落逾7% 昨日飙涨超100%