RUIHE DATA (03680) surged over 8%, with its stock price doubling in the past month. As of press time, the stock was up 6.91% to HK$2.63, with a trading volume of HK$14.4166 million.
On the news front, RUIHE DATA plans to hold a board meeting on August 22 (this Friday) to consider and approve its interim results. Previously, RUIHE DATA issued a positive profit alert for its interim results, estimating that its H1 2025 performance would turn from loss to profit, with earnings of approximately RMB 43-44 million. This turnaround is mainly attributed to substantial returns from forward-looking investment layouts, significant improvements in management operational efficiency, and ongoing cost reduction and efficiency enhancement initiatives.
In July this year, RUIHE DATA announced plans to invest HK$80 million in cryptocurrency assets and the Web3.0 sector, responding to the Hong Kong government's policies promoting virtual asset industry development. The company plans to accelerate the on-chain transformation of traditional financial services through investments in digital assets and cultivation of on-chain financial resources, focusing on digital asset services in Greater China.
Additionally, in partnership with Shanghai Yuanlu Jiajia Information Technology Co., Ltd., the company will jointly build integrated capabilities of "hardware + software + industry solutions" centered on domestic GPUs.
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