Phancy Group Clarifies Market Speculation as Shares Slide

Reuters02-25

Phancy Group Clarifies Market Speculation as Shares Slide

Phancy Group Co. Ltd. issued a voluntary clarification after a recent drop in its share price, saying market speculation about large language models disrupting software business models does not reflect its situation. The company said it primarily benefits from rising demand for computing power tied to rapid AI model development, noting that 83.9% of revenue in the nine months to Sept. 30, 2025 came from computing power-related business and 16.1% from software services. It added that revenue rose 36.8% year on year over January–September 2025 and it achieved quarterly profitability for the first time in the third quarter of 2025, while stating operations remain normal and it is not aware of any undisclosed inside information.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phancy Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260225-12029047), on February 24, 2026, and is solely responsible for the information contained therein.

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Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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