HK Stock Market Move | CLOUD FACTORY (02512) surged over 13% in the morning, with the expected interim net profit attributable to shareholders reaching up to 26 million yuan, continuing to deepen the layout of the domestic computing power ecosystem.

CLOUD FACTORY (02512) saw a rise of over 13% following its earnings announcement, reaching a 13.04% increase as of the time of the report, priced at HKD 2.6, with a transaction amount of HKD 291,300. In terms of news, on August 13, CLOUD FACTORY announced that the group expects to achieve a profit attributable to shareholders of approximately RMB 24 million to RMB 26 million for the six months ending June 30, 2026 (the reporting period), compared to RMB 14.7 million for the same period in 2025. The anticipated significant increase in profit is mainly due to the successful expansion of the intelligent computing business during the reporting period (including the provision of intelligent computing services and the sale of computing equipment); as well as the continuous growth of edge computing services. It is worth mentioning that previously, Wuxi Cloud Exhibition Information Technology Co., Ltd., a subsidiary of CLOUD FACTORY, has formally signed and landed the Mu Xi Co., Ltd. Yangtze River Delta Ecological Innovation Center and Domestic Computing Power Cluster Project in Wuxi. To further strengthen the technological capabilities of the project, CLOUD FACTORY has reached deep cooperation with Mu Xi Co., Ltd., forming a complementary model of "CLOUD FACTORY technology-led operations + Mu Xi technical support." By leading the Wuxi domestic computing power cluster project, CLOUD FACTORY will further expand its business boundaries, enhancing its core competitiveness in the intelligent computing market in the Yangtze River Delta, while relying on the operational experience accumulated from the project to continue deepening the domestic computing power ecological layout.