HK Stock Market Move | SeaTech (02706) soars over 20%, the rapid growth of Atlas intelligent body solutions, the company will advance into high-value industries.
Sea Technology (02706) rose by more than 20%, as of the time of writing, it has risen by 20.96%, reaching 62.9 Hong Kong dollars, with a turnover of 75.50 million Hong Kong dollars.
Honghai Technology (02706) rose more than 20%, as of the time of writing, it rose 20.96% to HK$62.9, with a trading volume of HK$75.5 million.
On the news front, Honghai Technology's annual report for 2025 showed that the company achieved a revenue of 621 million yuan, a year-on-year increase of 23.4%; adjusted net profit of 24.15 million yuan, a year-on-year increase of 42.6%. During the period, the core growth engine Atlas's intelligent body revenue reached 146 million yuan, a sharp increase of 68.4% year-on-year, becoming the fastest growing business segment of the company. In terms of quality indicators, the company's intelligent body unit price reached 3.6 million yuan, higher than the 2.8 million yuan of the atlas solution; the intelligent body gross profit margin increased to 53.2%, driving the company's overall gross profit margin to jump 7.1 percentage points to 43.3%.
It is worth mentioning that the company has expanded from the advantageous industries such as finance and public safety to new fields such as telecom operators, transportation infrastructure, and unmanned airspace, and has successfully landed orders. It has built a unified unmanned equipment model for a certain unmanned airspace system management center in the Guangdong-Hong Kong-Macau Greater Bay Area; it has implemented an intelligent body application platform including large model all-in-one machines for a certain overseas non-bank financial institution. The company clearly stated that it will quickly replicate mature experiences in emerging high-value areas such as high-end manufacturing, medical health, and intelligent mining, and gradually explore the Southeast Asian and overseas markets relying on its Hong Kong listing platform.
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