HK Stock Market Move | AINNOVATION (02121) surged over 11% intraday; the company was selected for China's Outstanding List for Industrial Application of AI Large Models.
AInnovation (02121) surged over 11% intraday, rising 7.45% as of press time to HK$3.245, with a turnover of HK$2.1881 million.
AINNOVATION (02121) surged over 11% intraday, up 7.45% as of press time at HK$3.245, with a turnover of HK$2.1881 million.
On the news front, according to AINNOVATION's WeChat official account on September 14, the company was successfully selected for the "2026 China AI Large Model Industrial Application Outstanding List" by the China Academy of Industrial Internet at the 2026 Global Industrial Internet Conference held on September 10, and was also included in the "AI + Manufacturing" industry map. The AInnoGC industrial large model selected for the outstanding list is the technology foundation of AINNOVATION's "one model, one body, two wings" strategy, featuring three major characteristics: industry-specific, lightweight, and multimodal.
It is worth noting that the company achieved positive adjusted net profit for the first half of 2026 on a semi-annual basis for the first time since listing. According to its interim results announcement, revenue for the first half reached RMB 829 million, up 18.6% year-on-year; gross profit was RMB 294 million, up 20% year-on-year; the comprehensive gross margin was 35.4%, up about 0.4 percentage points year-on-year, marking the sixth consecutive year of continuous improvement. Meanwhile, the revenue share of the company's "AI + Manufacturing" business further increased to 81.5%, and businesses such as industrial large models, industrial intelligent agents, industrial software, and embodied intelligence Siasun Robot&Automation are accelerating their entry into real manufacturing scenarios.
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