HK Stock Market Move | MING YUAN CLOUD (00909) opened more than 3% higher after the announcement. The expected annual net profit attributable to shareholders is estimated to be between 26.9 million and 32.8 million yuan.

MING YUAN CLOUD (00909) opened more than 3% higher after the Chinese New Year, and as of the time of writing, it has risen by 3.16%, closing at HK$2.9, with a trading volume of HK$814,000. On the news front, on February 9th, MING YUAN CLOUD announced that the group is expected to achieve a net profit attributable to shareholders of approximately RMB 26.9 million to 32.8 million in 2025, representing a year-on-year increase of about 114% to 117%, turning losses into gains. The main reasons for turning losses into gains are: the company focuses on core products and key customers, releasing a large amount of operating costs to improve the company's profitability; at the same time, using AI technology to empower business processes, significantly improving productivity and operational efficiency, effectively streamlining development, sales, and operating costs. Excluding compensation based on shares, it is expected that the group's adjusted net profit in 2025 (measured under non-International Financial Reporting Standards) will be approximately RMB 97.2 million to 103 million, representing a year-on-year increase of about 321% to 335%.