Hong Kong stock movement: Mininglamp-W (02718) rose more than 6%, reaching 4.67% higher at HK$27.32 as of press time, with turnover of HK$17.0866 million.
On the news front, Mininglamp-W issued an announcement stating that on October 27, 2026, the company received notice from Mr. Wu Minghui, the company's founder, executive director, chairman, chief executive officer, chief technology officer, and different voting rights beneficiary. Based on Mr. Wu's firm confidence in the group's long-term development prospects, business growth potential, and core competitiveness, as well as his long-term support for the company's sustained and stable development, Mr. Wu voluntarily extended the lock-up period for 14,835,491 B-class ordinary shares beneficially owned through Mine Mine International Limited by an additional twelve months after the original lock-up period expired.
Previously, Mininglamp-W disclosed its interim results, reporting first-half revenue of RMB 760 million, up 18.0% year-on-year; gross profit of RMB 390 million, up 8.3% year-on-year. During the period, revenue from agent-based services reached RMB 171 million, up 605.7% year-on-year, accounting for 22.5% of total revenue, becoming the primary source of the company's revenue growth.
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