HK Stock Market Move | YOUZAN (08083) opens nearly 15% higher, the company is approved for transferring to the main board, expected to be listed on the main board on April 17th.

YOUZAN (08083) opened nearly 15% higher, as of the time of writing it was up 14.93% to HK$0.154, with a turnover of HK$3.2476 million. On the news front, on April 9th, YOUZAN announced that the Stock Exchange had approved the principles of transfer listing to the Main Board on April 8, 2026. The last day of trading on GEM for the shares will be April 16, 2026. It is expected that the shares will begin trading on the Main Board on April 17, 2026 at 9:00 a.m., with the Main Board stock code being 6051. The company believes that the transfer listing to the Main Board will enhance its corporate image and public recognition with a larger total market value, higher trading volume, and relatively higher international visibility, enabling the group to have more competitive financing terms, enhance the ability to optimize the overall capital structure, and provide a broader base of international investors. YOUZAN's previously announced annual performance for 2025 showed that the company achieved annual revenue of approximately RMB 14.9 billion, a year-on-year growth of about 3%. Annual profit was approximately RMB 1.6 billion, turning losses into profits, with a net profit margin of around 11%. The company's operating targets for 2026 are: to achieve accelerated revenue growth while maintaining profit margins; accelerate the commercialization of AI capabilities and AI applications.