Intention to buy back shares, is HUITONGDA NET (09878) on the eve of a "resurgence"?

Looking back at the performance of the capital market since the beginning of the year, the trend of consumer concept stocks is particularly outstanding, becoming the core force driving the market recovery. As of June, consumer concept stocks in both Hong Kong and the A-share market have shown overall gains. It is worth noting that, despite the overall strength of the sector, there is still a group of consumer concept stocks with core competitiveness that are trading at relatively low valuations, indicating strong demand for future growth. GMTEight App believes that HUITONGDA NET (09878) is the ideal choice for investors to focus on at this stage. As a stock that combines multiple hot concepts such as the sinking market, consumption, and AI, the company has a solid fundamental and high growth potential, and has recently received positive news. On the evening of June 10th, HUITONGDA NET announced that the board of directors has resolved to exercise the authorization to repurchase shares, planning to repurchase up to 10% of the total issued H-shares, not exceeding 18.03 million H-shares, with a total amount not exceeding 500 million RMB. This announcement of a share repurchase plan by HUITONGDA NET sends multiple positive signals to the market. It not only demonstrates the management's firm confidence in the long-term development strategy of the company, but also reflects full recognition of the company's intrinsic value. This measure will not only help optimize the company's capital structure but also effectively boost investor confidence and provide strong support for the stock price to return to reasonable valuation. In terms of market effects, the company's announcement of a repurchase plan is a signal of undervaluation, attracting more long-term funds and ultimately driving the revaluation of the company's value. Looking at the fundamentals, consumer concept stocks are currently thriving. Xiangcai Securities pointed out that the consumption sector shows certain investment value in the current market environment. From a macro perspective, the easing of Sino-US trade conflicts and the gradual implementation of domestic macro policies have injected positive signals into the market. Especially in the monetary policy announced by the National New Office in May, the support for expanding consumption was emphasized, indicating the importance of the policy level on the consumption sector. In addition, June is a period of disclosure for listed companies' performance, creating a relatively stable market sentiment favorable for the valuation repair of the consumer sector. Huatai also stated that the consumption recovery theme is expected to run throughout the year. The continuous improvement in the prosperity of the consumer sector, coupled with policy dividends, is accelerating the transformation of the channel advantages accumulated by HUITONGDA NET in the sinking market into performance momentum. At the same time, the acceleration of the company's "AI+ strategy" is propelling performance towards a new stage of high-quality development. It is understood that since 2025, the company's "AI+ strategy" has made breakthrough progress: In February, the company was the first to access mainstream large models such as DeepSeek, deploy and launch "AI employees" and other intelligent bodies; In April, it formally released the "AI+ strategy" and product matrix, simultaneously launching its self-developed "Qianchengyun AI intelligent model" and "Qiancheng AI super store manager" app; In May, the company's large model successfully passed the national record, marking that its technical strength has been recognized by authority. Looking ahead, HUITONGDA NET will continue to exert efforts in the three main directions of "AI+ industrial platform", "AI+SaaS" and "AI+ intelligent terminal". By building an integrated industrial AI ecology of "cloud-edge-end", the company will continue to optimize the supply chain efficiency from factories to retail terminals, innovate business models, and play a greater role in expanding domestic demand and promoting economic circulation. With these strategic initiatives, the company is expected to open up new growth opportunities. Overall, HUITONGDA NET, as a leading enterprise in the industry Internet sector focusing on the sinking market, with clear growth expectations and the active share repurchase, is highly valuable for configuration. For this reason, the company's stock price has been in an upward channel since May. However, looking at a longer time frame, the company's stock price is still at historically low levels. Considering that consumer stocks in both Hong Kong and the A-share market are currently in a bullish atmosphere, the potential demand for growth in HUITONGDA NET in the future is worthy of investors' high attention.