According to the Wisdom Wealth News app, Innovative Spirit (02121) rose more than 10%, as of press time, up 10.11%, reported at HKD 5.01, with a turnover of HKD 40,352,000.

In terms of news, in 2023, Innovative Spirit generated revenue of RMB 1.751 billion, an increase of 12.42% YoY, with a gross profit of RMB 588 million, an increase of 16.05% YoY. During the period, the company firmly implemented the "focus" strategy: more focused on the manufacturing main business, the "AI+ manufacturing" business sector's revenue reached RMB 1.176 billion, a YoY increase of 24.1%, and the proportion of overall revenue significantly increased to 67.2%, up 6.3 percentage points YoY.

Previously, Haitong Int'l's research report pointed out that Innovative Spirit has developed a wide range of application scenarios in the vertical model field, with clear demand, feasible implementation, and scale landing, making the "AI+ manufacturing" business a sustained driving force. The bank pointed out that based on the company's current revenue scale, business growth, expectations of breakeven, and progress in the large model landing, the company's market cap at around HKD 10 billion is reasonable.