Changes in Hong Kong stocks | Haiqing Zhiyuan (01392) rose more than 10% after performance, the mid-term large model business soared 382.5%. Incremental capital is expected to catalyze the company's value to usher in a revaluation

The Zhitong Finance App learned that Haiqing Zhiyuan (01,392) rose more than 10% after the results. As of press release, it had risen 10.03% to HK$26.34, with a turnover of HK$3,589 million.

According to the news, on August 28, Haiqing Zhiyuan, the “first physical AI stock”, released its first semi-annual report after listing. Under the steady expansion of the big model service business, the company's revenue increased dramatically, achieving revenue of RMB 411 million, a sharp increase of 84.5% over the previous year. Management pointed out that it will continue to focus on the three core evolutionary dimensions of terminal hardware optimization, cloud collaboration acceleration, and technology center iteration to build strong technical barriers. Furthermore, the pace of “entry” of the company is accelerating, and incremental capital is expected to catalyze a revaluation of the company's value and open up upward space.

Financial reports show that for the six months ended June 30, 2026, Haiqing Zhiyuan achieved revenue of RMB 410 million, a sharp increase of 84.5% over the previous year. The core driving force behind the blowout in revenue comes from the explosive growth of the multispectral AI large model service business. This revenue soared 382.5% year over year to 320 million yuan, accounting for 78% of total revenue. Excluding the impact of one-time expenses related to listing fees and share-based payment expenses, the company's adjusted net profit for the first half of the year was RMB 27.6 million, achieving a positive increase of 21.9% over the previous year, and the profit level of the main business maintained a good growth trend.