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Changes in Hong Kong stocks | Guoen Technology (02768) rebounded more than 12% after earnings and is expected to increase the highest net profit to mother in the first three quarters by 78.84% year on year
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The Zhitong Finance App learned that Guoen Technology (02768) rebounded more than 12%. As of press release, it had risen 12.07% to HK$30.08, with a turnover of HK$565.32,300.

According to the news, on the evening of October 14, Guoen Technology made a profit. It is expected to obtain net profit of about 950 million to 1.1 billion yuan in the first nine months of 2026, an increase of 54.45%-78.84% over the previous year; withholding non-net profit of about 920 million yuan to 1.07 billion yuan, an increase of 54.14% to 79.27% year on year. During the period, the company took advantage of the integrated synergy of the entire “monomer - synthetic resin - organic polymer modified/composite material - product” industry chain. Relying on the established industrial scale base, the product structure was continuously optimized, and the added value and overall competitiveness of the product increased steadily.

Notably, Guoen Technology's recent disclosure of high-premium acquisitions triggered market caution. In the previous two trading days, the company's A share price fell continuously, while the cumulative decline in H share price was more than 40%. On October 12, Guoen Technology announced that it plans to acquire 80% of Sichuan CFC's shares in cash for 1.5 billion yuan. In terms of asset evaluation, with July 31, 2026 as the evaluation reference date, the total assessed equity value of Sichuan CFC shareholders was 1,883 billion yuan. Compared with net book assets of 628 million yuan, it added about 1,256 billion yuan, and the value-added rate was as high as 200.07%.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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