HK Stock Market Move | CREALITY (03388) over 5% in cost investment and exchange rate disruptions affect first-half profits; the company's new products and channel expansion continue.

CREALITY (03388) rose over 5%, with an increase of 5.26% as of the time of reporting, priced at HKD 25.20, with a transaction volume of HKD 28.9888 million. In terms of news, CREALITY achieved a revenue of RMB 1.626 billion in the first half of this year, an increase of 12.9% year-on-year; with a net loss of RMB 59.093 million, compared to a net profit of RMB 107 million in the same period last year. The profit pressure is mainly due to a decline in gross profit margin (impacted by overseas expansion and product iterations), increased marketing and R&D investment, and exchange losses resulting from the appreciation of the RMB. Guotai Haitong stated that the company continues to expand its new products and channels,3D. In the second half of the year, new products such as the K3, upgraded i8, children's printer, PIKA scanner, and A1C engraving machine will be launched; there will be an increased focus on AI and creative cloud; by the end of the year, there are plans for overseas expansion of over 2,000 offline display points and about 30 physical stores domestically, promoting coordinated growth in printers, consumables, ecological products, and platforms.