To The Moon

MCC (01618) rose more than 4%. As of the time of writing, the stock was up 4.42% to HK$1.89, with a turnover of HK$94.4706 million. On January 23, MCC announced its plan to spend 1 billion to 2 billion yuan to repurchase its A-shares, with a maximum repurchase price not exceeding 4.9 yuan per share. In December last year, MCC announced its intention to spend up to 2.5 billion yuan to repurchase both A-shares and H-shares. The announcement stated that MCC plans to use 1 billion to 2 billion yuan to repurchase the company's A-shares at a price not exceeding 4.9 yuan per share, while also planning to use no more than 500 million yuan to repurchase the company's H-shares. All repurchased shares will be canceled to reduce the company's registered capital. Furthermore, MCC issued its 2025 annual performance forecast; based on preliminary calculations by the finance department, net profit attributable to shareholders of the listed company for the full year 2025 is expected to be between 1.3 billion yuan and 1.6 billion yuan, a year-on-year decrease of 76.28% to 80.73%. The estimated net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses for 2025 is between 400 million yuan and 600 million yuan, representing a year-on-year decline of 88.24% to 92.16%.