Changes in Hong Kong stocks | The rise of the new stock market, Zhuoyue Ruixin (02687), increased by more than 80% at the end of the session. The company is a digital solution provider for university teaching

The Zhitong Finance App learned that Zhuoyue Ruixin (02687) was listed today, rising more than 80% at the end of the session. As of press release, it had risen 82.22% to HK$123, with a turnover of HK$115 million.

According to public information, Zhuoyue Ruixin is a digital solution provider for teaching in higher education institutions. The company was founded in 2008 and launched the brand “Wisdom Tree” in 2013. According to Frost & Sullivan, in terms of 2024 revenue, Zhuoyue Ruixin ranked second in revenue in China's digital higher education teaching market, with a market share of 4.0%. Zhuoyue Ruixin ranked first in revenue in the Chinese higher education digital teaching content production market, with a market share of 7.3%.

On the financial side, from 2022 to the first half of 2025, the company's revenue was 400 million yuan, 653 million yuan, 848 million yuan, and 275 million yuan, respectively. In the same period, the overall gross margin of Zhuoyue Ruixin also remained relatively high, at 44.1%, 60.7%, 61.9%, and 46.9%, respectively. However, due to the seasonal pattern of the industry, the company's net profit index for the first half of this year was -98.956 million yuan.