Xun Ce once surged by 26.3%, expected to turn a profit in the first half of the year compared to the same period last year.

The software developer for data organization and analysis platforms for financial institutions, Xunce, saw its shares soar 26.3% during Monday's early trading. The company had previously announced that it expects a profit attributable to equity holders of the parent company of approximately 72.51 million yuan for the first half of the year, whereas the same period last year saw a loss attributable to equity holders of the parent company of 89.43 million yuan. The year-on-year turnaround to profit is mainly due to the steady increase in the profit contribution from high-margin businesses; the scaling effects of a platform-based and modular product architecture, improving operational efficiency; optimization of the proportion of R&D expenses, sales expenses, and administrative expenses compared to the same period last year; and enhanced capital management efficiency, with increased investment income contributing to incremental profits, thereby boosting profits during the period. Xunce has surged 134.3% year-to-date, while the Hang Seng Index (HSI) has risen by 1% during the same period.