Core Viewpoint - Qianxun Technology (01640) experienced a significant stock increase of over 5%, with a current price of HKD 4.68 and a trading volume of HKD 618,000, following the release of its mid-year performance for 2025, which showed remarkable revenue growth and profitability [1] Financial Performance - The company reported a revenue of RMB 647 million for the first half of the year, representing a year-on-year increase of 864.17% [1] - Profit attributable to the company's owners reached RMB 51.5 million, an increase of 859.17% compared to the previous year [1] Business Growth Drivers - The explosive revenue growth is primarily attributed to the acquisition of a second-hand electronic products e-commerce business in August 2024, which contributed approximately RMB 626 million in revenue during the reporting period [1] - The e-commerce business has become the largest source of revenue and profit for the company [1] Innovation and Operations - Qianxun Technology is actively innovating in the second-hand 3C e-commerce sector through diversified recycling channels, including online platforms, self-service kiosks, and self-operated stores in urban operation centers, achieving efficient recycling of second-hand 3C products [1] - The Qianxun Preferred Urban Operation Center has been operational for three months, completing model testing, and has achieved positive monthly cash flow and net profit [1] - Utilizing advanced AI technology and the SaaS platform "Fenhao Cloud," the company provides precise pricing, intelligent co-selling, and inventory management services for second-hand digital transactions, significantly enhancing transaction and turnover efficiency [1]

Core Viewpoint - Qianxun Technology (01640) expects a significant increase in net profit for the six months ending June 30, 2025, projecting an unaudited net profit after tax of approximately RMB 49.6 million to RMB 53.6 million, compared to RMB 5.4 million in the same period last year [1] Group 1 - The expected substantial increase in profit is primarily attributed to projected revenue of no less than RMB 640 million during the reporting period, representing an increase of approximately RMB 573 million or 853.8% compared to last year's revenue of approximately RMB 67.1 million [1] - The revenue growth is mainly driven by the e-commerce business for second-hand electronic products acquired by the group in August 2024, which is expected to contribute no less than RMB 620 million in revenue [1] - The group also anticipates non-recurring income from the termination of a merger with a wholly-owned subsidiary, with specific amounts to be disclosed in the mid-term performance announcement [1]

Group 1 - The company expects its unaudited consolidated net profit after tax for the six months ending June 30, 2025, to be approximately RMB 49.6 million to RMB 53.6 million, a significant increase from RMB 5.4 million in the same period last year [1] - The anticipated substantial increase in profit is primarily attributed to expected revenue of no less than RMB 640 million during the reporting period, representing an increase of approximately RMB 573 million or 853.8% compared to last year's revenue of RMB 67.1 million [1] - The revenue growth is mainly driven by the e-commerce business for second-hand electronic products acquired in August 2024, which is expected to contribute no less than RMB 620 million in revenue [1] Group 2 - The company also anticipates recognizing unaudited and non-recurring income due to the termination of a merger with a wholly-owned subsidiary during the reporting period, with specific amounts to be disclosed in the mid-term performance announcement [1]

Core Viewpoint - Qianxun Technology (01640.HK) expects a significant increase in its unaudited consolidated net profit after tax for the six months ending June 30, 2025, projecting between approximately RMB 49.6 million and RMB 53.6 million, compared to RMB 5.4 million in the same period last year [1] Group 1 - The expected substantial increase in net profit is primarily attributed to projected revenue of no less than approximately RMB 640 million during the reporting period, representing an increase of approximately RMB 572.9 million or 853.8% compared to last year's revenue of approximately RMB 67.1 million [1] - The revenue growth is mainly driven by the e-commerce business for second-hand electronic products acquired in August 2024, which is expected to contribute no less than RMB 620 million in revenue [1] - The company also anticipates recognizing unaudited and non-recurring income due to the termination of a merger with a wholly-owned subsidiary during the reporting period, with specific amounts to be disclosed in the mid-term performance announcement [1]