HK Stock Market Move | QIAN XUN TECH (01640) rose more than 14% last year, and the company's earnings saw a significant increase. Partnering with Huazhang Data to explore the new green computing power market.

QIAN XUN TECH (01640) surged more than 14%, as of the time of writing, up 14.04% to HK$1.3. On the news front, QIAN XUN TECH's 2025 annual performance showed that the group's revenue was RMB 1.494 billion, an increase of 318.56% year-on-year; gross profit was RMB 46.283 million, an increase of 105.74% year-on-year. The main reason for the revenue growth during the reporting period was the group's second-hand e-commerce business generating sales revenue of approximately RMB 1.448 billion, compared to RMB 249 million in the previous year, and confirming that the group's branch profit for the year was approximately RMB 15.1 million, compared to RMB 6.6 million in the previous year. Of note, in February of this year, QIAN XUN TECH announced a strategic partnership with the leading domestic data center service provider, Huazhang Data Technology Co., Ltd. The two parties will build a closed-loop system of green computing power asset lifecycle management (LCM) around the concept of "computational power circular economy", targeting the core pain points of the computing power industry such as fast hardware depreciation and high energy consumption. Through technological innovation, they aim to achieve incremental utilization of existing computing power resources and achieve green and low carbon operations, tapping into the green computing power new blue ocean under the rapid development of the artificial intelligence industry, jointly exploring the "second growth curve" of the artificial intelligence era.