Changes in Hong Kong stocks | MeiG Intelligence (03268) rose more than 5%, and the company's overseas revenue was close to 50% for the first time and continued to strengthen AI engine platform and tool chain capacity building

The Zhitong Finance App learned that MeiG Smart (03268) rose more than 5% in early trading. As of press release, it had risen 5.27% to HK$20.18, with a turnover of HK$8.3859 million.

According to the news, recently, MeiG Intelligence announced its 2026 interim results, with operating income of about 2,025 billion yuan, up 7.32% year on year; net profit attributable to shareholders of listed companies was about 106 million yuan, up 25.85% year on year; and basic earnings per share were 0.38 yuan. From a regional perspective, in the first half of 2026, driven by demand for smart modules, end-side computing products, 5G wireless broadband products, and increased shipments from major overseas customers, the company achieved revenue of 997 million yuan, a sharp increase of 87.30% over the previous year. The share of overseas revenue increased from 28.22% in the same period last year to 49.26%. This is the first time since the establishment of the company that overseas revenue is close to 50%.

During the reporting period, the company continued to conduct price transmission to downstream customers in various industries in a reasonable and orderly manner, making full use of memory chip inventory advantages to hedge supply chain cost fluctuations, while strengthening AI engine platform and tool chain capacity building, empowering the intelligent application of customer products in various industries through AI soft power, creating incremental value through AI capabilities, and continuously promoting a steady recovery in client gross margin. During the reporting period, the gross margin of the company's main business reached 17.45%, an increase of 3.99 percentage points over the same period last year. Among them, the gross margin for the first quarter of 2026 was 16.05%, and the gross margin for the second quarter of 2026 was 18.63%, showing a month-on-month increase trend.