Group Nuclear Technology (00068) is officially included in the Hong Kong Stock Connect and opens a channel for mainland investors to participate

The Zhitong Finance App learned that on September 4, the Shanghai Stock Exchange issued a notice after the market. According to the relevant provisions of the “Shanghai Stock Exchange Shanghai-Hong Kong Stock Exchange Business Implementation Measures”, Manycore Tech Group Nuclear Technology (00068) was officially transferred to the Hong Kong Stock Exchange's securities list. The adjustment will take effect on September 7 (Monday). This means that mainland investors can now directly trade nuclear technology through the Shanghai-Shenzhen-Hong Kong Stock Connect, officially unlocking southbound capital.

In the first half of this year, Qunnac Technology achieved an adjusted net profit of 55.42 million yuan, an increase of 211% over the previous year, close to the profit level for the full year of last year. At the business level, spatial intelligence has become the core competency base supporting the company's entire product line, driving revenue growth of more than 177% year-on-year for new AI applications and products. At the model level, the company has built a series of model technology platforms including the world generation model SpatialGen, the 3D generation model Lux3D, and the spatial language model SpatialLM to help AI understand, reason, and generate the physical world.

The company's development prospects have been well received by many organizations. Dongfang Wealth Securities recently released a research report, which covered and gave it an “increase in holdings” rating for the first time, pointing out that Qun Nuclear Technology's “core subscription business is steady, new AI applications are being deployed at an accelerated pace, and profits have increased rapidly after adjustments.” Previously, institutions such as Cathay Pacific Haitong and CCB International gave “increase in holdings” and “outperform the market” ratings respectively.