HK Stock Market Move | HUITONGDA NET (09878) rose by over 6%, the company was honored as the "Annual Outstanding ESG Demonstrative Enterprise, highlighting its significant data asset advantage.

date
07/03/2025
avatar
GMT Eight
HUITONGDA NET (09878) rose by more than 6%, reaching 4.83% at the time of writing, reported at HK$17.78, with a turnover of HK$44.51 million. In terms of news, on March 5th, HUITONGDA NET happily announced that the Group was awarded the "Annual Outstanding ESG Demonstrative Enterprise" at the 2025 Global Financial and ESG Sustainable Development Summit and the Second Vehicular Overseas Outstanding Institution Selection, in recognition of its outstanding performance in accelerating the digital upgrading of rural economy, improving the efficiency of retail stores in underserved markets, and promoting the Shenzhen Agricultural Power Group's village-to-city transformation. It is reported that HUITONGDA NET fully leverages its rich data assets advantages, aims to utilize its supply chain capabilities and digital technologies to help rural mom-and-pop stores address pain points such as weak supply chain capabilities, lack of digital capabilities, single marketing methods, and limited customer acquisition channels. A previous research report released by the founder pointed out that HUITONGDA NET, as a trading and service platform focusing on underserved retail markets, covers 21 provinces nationwide and has a frontline field service team of nearly 3,000 people. With the push of the government's policies encouraging trade-ins for appliances and new energy vehicles, the company actively responds to the call by conducting activities such as trade-ins for new products to activate and unleash consumer demand in underserved markets. Given that the company's main business is similar to the categories covered by the trade-in policies, with the boost of related policy advantages, the company's future revenue is expected to achieve steady growth, and profitability will also be further enhanced.

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