Changes in Hong Kong stocks | CIMC Group (02039) rose nearly 6% in early trading. Second-quarter results showed significant month-on-month growth, with offshore and modular data centers as highlights

The Zhitong Finance App learned that CIMC Group (02039) rose nearly 6% in early trading. As of press release, it rose 5.89% to HK$8.0, with a turnover of HK$13.6883 million.

According to the news, CIMC recently announced results. Revenue for the second quarter was 46.249 billion yuan, up 15.44% year on year, up 41.59% month on month; net profit to mother was 531 million yuan, up 153.90% month on month. Huatai Securities believes that the company's performance highlights focus on the two major directions of offshore engineering and modular data centers: the gross margin of the offshore business increased sharply year-on-year, the highest number of on-hand orders in history, and a continuous increase in new orders for modular data centers. A/H shares maintain a “buy” rating.

Notably, during an investor relations event, CIMC Group stated that the company plans to cancel 24.65 million A-shares treasury shares to increase shareholder value; at the same time, it announced an H share repurchase plan in July 2026, with a proposed repurchase amount of no more than HK$173 million. Currently, it has not formulated an A-share repurchase plan. In the future, it will carefully carry out repurchase operations based on factors such as market environment, stock price trends, financial conditions and business plans.