The Zhitong Finance App learned that Xinzhi Holdings (02166) rose nearly 8% in the morning. As of press release, it had risen 7.95% to HK$4.89, with a turnover of HK$5.3522 million.

According to the news, on July 20, Xinzhi Holdings announced that compared with the profits due to the company's owners for the six months ended June 30, 2025, it is expected that the profit attributable to the company's owners for the six months ended June 30, 2026 will increase by no less than 460%. The increase in profits attributable to the Company's owners during this period was mainly due to the overall rise in demand for the Group's integrated circuit chips. Benefiting from the booming development of AI technology and increasing market demand, the Group's business units related to AI infrastructure construction, namely optical communication and storage products, achieved significant growth during this period.

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