Shares of ZJLD (06979) surged more than 9% in late trading. At the time of writing, the stock was up 9.34% to HK$7.84, with a turnover of HK$37.71 million.
The catalyst for the move was an announcement from the company's management at the recent 2025 Annual General Meeting. Management indicated a positive sales outlook and formally raised the performance guidance for the 2026 fiscal year. The full-year revenue growth target has been increased from 10% to 15%, while the adjusted net profit forecast has been lifted from 600 million yuan to 800 million yuan.
Additionally, Chairman Wu Xiangdong disclosed key data regarding the implementation of the 'Wan Shang Lian Meng' (Ten Thousand Merchants Alliance) initiative. Nearly 100 alliance forums have been held, attracting over 14,000 participants. More than 4,300 alliance merchants have been signed, with over 500 clients failing to meet qualification standards being advised to exit. The company is implementing a 'retreat three, advance one' policy to select and replace members with higher quality alternatives. Furthermore, the strategic product 'Da Zhen · Zhen Jiu' has achieved total collections exceeding 1.1 billion yuan, maintaining smooth sales throughout the process at favorable prices.
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