HK Stock Market Move | LONGCHEER (09611) surged over 10% in the late trading session, having completed mass production and delivery of AIPC for multiple platforms including Intel. The acquisition of Kexion has achieved the strategic goal of supplementing the supply chain.

LONGCHEER (09611) surged over 10% in the late trading session, and as of the time of writing, it has risen by 10.55% to HKD 25.56, with a trading volume of HKD 49.9093 million. In terms of news, LONGCHEER recently released a record of investor relations activities, stating that it has completed mass production deliveries across multiple platforms including Intel, AMD, and Qualcomm. The pre-research layout encompasses a variety of forms, including lightweight, high-performance AI PCs and 360-degree convertible PCs, and it has already received orders from several leading clients, indicating a potential for rapid business growth. On another note, regarding the acquisition of Kejun Cheng, the company has completed the acquisition and is now expanding its business around major client categories and developing in the field of high thermal dissipation requirements for AI applications. It is currently collaborating with Kejun Cheng to develop products and onboard high-value clients while expanding its existing etched components for mobile phone temperature equalization boards to other high-value products from leading clients. Previously, China Securities Co., Ltd. pointed out that the acquisition of Kejun Cheng achieves a strategic supply chain complement, entering the metal etching supply chain for major clients in North America. Kejun Cheng, as a high-tech enterprise with a core focus on high-precision metal etching technology, is particularly prominent in the field of mobile phone VC temperature equalization board etching, with the earliest domestic layout and leading production capacity. It is a core metal etching supplier for major clients in North America, with direct customers including leading cooling module manufacturers such as Qihong Technology and AAC TECH, covering top global consumer electronics brands. In 2025, it is expected to achieve operating income of 487 million RMB and a net profit of 133 million RMB, and the consolidation is expected to significantly enhance the company's net profit.