HK Stock Market Move | LUYUAN GP HLDG (02451) fell over 3% as it is expected that the interim profit attributable to shareholders will decline by no more than 35% year-on-year, with industry demand undergoing a cyclical adjustment.

LUYUAN GP HLDG (02451) fell over 3%, as of the time of this report, it decreased by 3.6%, trading at HKD 12.85, with a transaction volume of HKD 8.4902 million. In terms of news, recently, LUYUAN GP HLDG announced that the group expects the attributable profit to the companys owners for the six months ending June 30, 2026, to decline by no more than 35% compared to the attributable profit for the six months ending June 30, 2025 (approximately RMB 110 million). During the reporting period, the decrease in attributable profit for the company's owners was primarily driven by dual factors at the industry and company strategy levels. At the industry level, after the full transition to the new national standards, consumers need time to adapt to new products. The demand from end users seeking replacements has slowed down, leading to a year-on-year decrease in sales and, consequently, a reduction in the company's revenue. At the company strategy level, in order to seize the opportunities brought by industrial upgrades, the company is actively expanding new growth curves including high-speed electric motorcycles and intelligent robotics from Siasun Robot & Automation, while also accelerating the construction of overseas market channels and localizing product layouts. The related research and development costs and preliminary investments have significantly increased year-on-year, resulting in a temporary decline in profit.