HK Stock Market Move | FORTIOR (01304) rose more than 7% in the afternoon. The company has entered the supply chain of global mainstream server cooling fan manufacturers.

In the afternoon, FORTIOR (01304) rose more than 7%, as of the time of publication, it was up 5.98% to 157.8 Hong Kong dollars, with a turnover of 20.5468 million Hong Kong dollars. On the news side, FORTIOR previously released its performance, with operating income of 558 million RMB in the first three quarters, an increase of 28.9% year-on-year; net profit of 167 million RMB, a decrease of 9% year-on-year. Looking at the third quarter alone, operating income was 183 million RMB, an increase of 21.5% year-on-year; net profit was 50.73 million RMB, a decrease of 17.9% year-on-year. Guosheng Securities stated that the increase in expense ratio has put short-term pressure on the company, and high research and development investment is expected to bring growth engines for the future. Huatai released a research report stating that the growth of data center computing power has led to a continuous increase in demand for server cooling, and the company has entered the supply chain of global mainstream server cooling fan manufacturers, and has gradually realized mass production in the industrial servo and Siasun Robot & Automation applications. In addition, the company has successively launched motor sensor-related products, with the introduction of sensor products and customer imports, it is expected to open up a new growth curve.