HK Stock Market Move | INSPUR DIGI ENT (00596) rose more than 10% during trading hours. The company is expected to benefit from the acceleration of ERP localization process and future replacement peak in the next three years.

INSPUR DIGI ENT (00596) rose more than 10% intraday, and as of the time of publication, it has risen 8.62% to HK$3.78, with a transaction volume of HK$19.59 million. On the news front, the Ministry of Finance has previously proposed to give a 20% price review preference to domestic products compared to non-domestic products. Huatai pointed out that due to the continuous promotion of the industry's innovation and creativity, the revenue and profit of the core companies in the IC industry in the 24Q3 have both shown significant improvement. According to policy requirements, 2027 is an important milestone for the completion of the replacement of IC industry. As the time approaches, both the party-government IC industry and the industry's IC industry are expected to usher in a peak period of comprehensive replacement. It is reported that the actual controller of INSPUR DIGI ENT is the Shandong Provincial State-owned Assets Supervision and Administration Commission, and the parent company is Inspur Group. Zhongtai International pointed out that INSPUR DIGI ENT's flagship products, Haiyue PaaS platform, Haiyue GS Cloud, smart ERP inSuite, etc., can serve all types of large, medium, and small enterprises, solidify the digital technology foundation for customers, create intelligent manufacturing solutions for enterprises, and provide specialized services such as digital supply chain, intelligent factory, and industrial intelligent scenes.