Guoen Technology (02768) rebounded more than 13% intraday, and as of press time, its shares were up 8.79% at HK$29.20, with turnover of HK$74.183 million.
On the evening of October 14, Guoen Technology issued a positive profit alert, expecting net profit attributable to shareholders of the listed company of approximately RMB 950 million to RMB 1.1 billion for the first nine months of 2026, representing year-on-year growth of 54.45% to 78.84%; non-GAAP net profit of approximately RMB 920 million to RMB 1.07 billion, representing year-on-year growth of 54.14% to 79.27%.
During the period, the company leveraged its integrated whole-industry-chain synergy advantages spanning "monomer-synthetic resin-organic polymer modification/composite materials-products," and, building on its established industrial scale foundation, continued to optimize its product mix, steadily enhancing product value-added and overall competitiveness.
It is worth noting that Guoen Technology's recently disclosed high-premium acquisition has triggered cautious sentiment in the market. Over the previous two trading days, the company's A-shares hit the daily limit down for two consecutive sessions, while its H-shares fell more than 40% cumulatively.
On October 12, Guoen Technology announced a plan to acquire an 80% stake in Sichuan Zhongfuneng for RMB 1.5 billion in cash. In terms of asset valuation, with July 31, 2026 as the valuation base date, the appraised value of all equity interests of Sichuan Zhongfuneng's shareholders was RMB 1.883 billion, an increase of approximately RMB 1.256 billion compared with its book net assets of RMB 628 million, representing an appreciation rate of 200.07%.
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