The Zhitong Finance App learned that Guoxia Technology (02655) surged by more than 18% in the afternoon. As of press release, it had risen 12.67% to HK$18.68, with a turnover of HK$161 million.

According to the news, Guoxia Technology issued a profit announcement in the afternoon. It is expected to achieve revenue of about 1.35 billion yuan to 1.45 billion yuan in the first half of 2026, while revenue for the same period in 2025 was about 691.4 billion yuan, up 95.26% to 109.7% year on year; profit was about 55 million to 65 million yuan, while profit for the same period in 2025 was about 5.6 million yuan, an increase of 882% to 1061% year on year.

The board of directors believes that the expected increase in revenue and profit during the period is mainly due to the sharp increase in revenue from the Group's energy storage system solutions business and EPC service business. This is due to the boom in the global energy storage market, the Group's energy storage system and EPC deliveries increased sharply year on year; market size effects were released, unit costs and cost rates fell year on year; and net profit during the past period was relatively low due to listing fees.

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