HK Stock Market Move | LONGCHEER (09611) extends gain to over 10%; Q3 net profit attributable to shareholders up 17.37% year-on-year; chairman intends to increase holdings of H shares by RMB10 million.

LONGCHEER (09611) extended its afternoon gain to over 10%, rising 10.02% as of press time to HK$18.66, with turnover of HK$10.9083 million. On the news front, LONGCHEER recently announced its results for the first three quarters of 2026, with operating revenue of approximately RMB32.591 billion, up 4.02% year-on-year; net profit attributable to shareholders of the listed company was approximately RMB424 million, down 16.44% year-on-year. In the third quarter alone, the company achieved operating revenue of RMB13.930 billion, up 21.94% year-on-year; net profit attributable to shareholders of the listed company was RMB178 million, up 17.37% year-on-year. EB SECURITIES noted that in 26Q3 LONGCHEER strengthened investment in key tablet supply chains, further enhancing the comprehensive competitiveness of its tablet PC business. In addition, in 26Q3 the company's AI PC business entered a period of rapid volume ramp-up, completed the acquisition of a 60% stake in Anruike, and accelerated its layout in data center infrastructure. Also worth noting, LONGCHEER announced that the board was informed by Mr. Du Junhong, the company's chairman, executive director and one of its controlling shareholders, that in view of his full confidence in the company's sustained and stable development and his recognition of the company's long-term investment value, Mr. Du Junhong intends to increase his holdings of the company's H shares through the Shanghai-Hong Kong Stock Connect or on the open market of The Stock Exchange of Hong Kong Limited using his own funds or self-raised funds within the 3 months from October 31, 2026 to January 30, 2027 (both dates inclusive), with cumulative increase amount of RMB10 million.