HK Stock Market Move | KEEP(03650) rises more than 10%, with a total repurchase amount of over 39 million Hong Kong dollars this year. The company remains steadfast in advancing its AI strategic transformation.

KEEP (03650) has risen by more than 10%, reaching an increase of 10.81% by the time of the report, at 2.05 Hong Kong dollars with a trading volume of 1.0229 million Hong Kong dollars. On the news front, KEEP announced that on June 29, the company repurchased 17,470 shares with a repurchase amount of 333,100 Hong Kong dollars. So far this year, the company has repurchased approximately 13.77 million shares for a total of approximately 39.28 million Hong Kong dollars. It is worth mentioning that in April, Keep released the App 9.0 version and concurrently announced its large model Keepace.ai designed for the sports and health scene. The launch of App 9.0 marks the start of Keep's AI strategic productization process. Guosen previously pointed out that through the strategic adjustment of "losing fat and gaining muscle" by 2025, the company successfully achieved its first year of adjusted profit, confirming the resilience of its operations. The core equipment category in the consumer goods business has resumed growth, laying a solid foundation for future expansion. The company is firmly advancing its AI strategic transformation, achieving stage achievements from underlying architecture to productization. The improvement in user experience and operational efficiency brought by AI is expected to further commercial value in the future, opening up new growth opportunities.