HK Stock Market Move | Shenzhen Han's CNC Technology (03200) rose nearly 9%, with expected net profit in the first half of the year increasing by nearly 280% year-on-year and operating income more than doubling.

Shenzhen Han's CNC Technology (03200) rose nearly 9%, reaching an increase of 8.55% at the time of publication, closing at 157.4 Hong Kong dollars with a trading volume of 1435.95 million Hong Kong dollars. On the news front, Shenzhen Han's CNC Technology announced a profitable outlook, expecting a net profit attributable to the shareholders of the listed company of approximately 900 million to 1 billion Chinese yuan in the first half of this year, a year-on-year increase of 241.85% to 279.84%. The company has seized investment opportunities brought by expanding production for industry-leading customers and new product development, with a significant increase in the revenue proportion of AI PCB-related solutions. High-value-added products such as high-precision back-drilling solutions for ensuring the integrity of new-generation high-frequency and high-speed PCB signals and power supplies, high-end and mSAP process HDI drilling solutions, and high-precision forming solutions have boosted both production and sales, leading to further optimization of the company's revenue structure and an expected year-on-year growth of over 100% in midterm revenue for 2026.