HK Stock Market Move | SINOHYTEC (02402) continues to rise by more than 8%, significant improvement in cash flow in the first three quarters, fuel cell vehicle sales expected to accelerate.

SINOHYTEC (02402) rose by more than 8%, as of the time of writing, it had risen by 5.01% to 33.98 Hong Kong dollars, with a turnover of 1.11 billion Hong Kong dollars. On the news front, SINOHYTEC previously released its performance, with the company achieving total operating income of 104 million yuan in the first three quarters, a year-on-year decrease of 67.31%; the net profit attributable to shareholders was a loss of 311 million yuan, compared to a loss of 258 million yuan in the same period last year. It is worth noting that the net cash flow from operating activities of SINOHYTEC in the first three quarters of 2025 was 4.61 million yuan, compared to -221 million yuan in the same period last year, turning from negative to positive. This change is mainly due to the company strengthening the collection of accounts receivable, while simultaneously optimizing supply chain management and personnel structure. Sinolink released a research report stating that many provinces and cities have issued policies to exempt hydrogen energy high-speed tolls, leading to a breakthrough in the fuel cell vehicle scene. The year 2025 is the last year of the demonstration city cluster policy and the first settlement point for the medium and long-term hydrogen energy planning. The expansion of city clusters, subsidies, and other policies will accelerate the release of fuel cell vehicles, and subsequent related follow-up policies will be introduced one after another. It is recommended to pay attention to the leading companies in fuel cell components such as SINOHYTEC.