PRODUCTIVE TECH Soars Over 30% Again, Year-to-Date Surge Exceeds 350% Following Equity Incentive Plan Adoption

Stock News05-04

PRODUCTIVE TECH (00650) has surged more than 30% again, bringing its cumulative gain for the year to over 350%. At the time of writing, the stock was up 23.19%, trading at HK$0.85 with a turnover of HK$41.67 million. On the news front, on April 29, PRODUCTIVE TECH, Xuzhou PRODUCTIVE TECH, and Dr. Liu Erzhuang entered into an incentive framework agreement. Public information shows that Dr. Liu Erzhuang was appointed as CEO of PRODUCTIVE TECH on May 13, 2022, and subsequently assumed the roles of Executive Director and Chairman of the Board on August 19, 2022. Huaxin Securities pointed out that considering the company's semiconductor equipment is in the early stages of launching new products (LPCVD, tank cleaning) and its strategic position in two critical segments—high-end semiconductor cleaning and thin-film deposition—the firm is expected to reach an inflection point in profitability by fiscal year 2027 as equipment undergoes large-scale validation in fabs and transitions to batch deliveries. Profit margins are projected to enter an upward trajectory, with a significant leap in net profit margin anticipated, underpinning a positive long-term growth outlook for the company.

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