According to the Securities Times APP, on September 30, tongdao liepin (06100) surged by 35% and hit a new high in nearly 4 months. At the close, the company's PB is only 0.471, at a low level, with a total market value of approximately 1.528 billion Hong Kong dollars.

As one of the industry leaders, tongdao liepin Group's recruitment platform users recently exceeded the 0.1 billion mark, laying a solid foundation for the company's long-term development and demonstrating strong market competitiveness. In the long run, the recruitment industry belongs to a cyclical industry, and with the continuous macroeconomic recovery, the industry is expected to sustain recovery. As a high-end recruitment leader, tongdao liepin's B-end service capabilities are actively improving, and it is expected that by seizing industry development opportunities, it will drive the recovery and growth of performance.

From a financial perspective, tongdao liepin's operations are stable with sufficient cash reserves. Despite a share buyback of 0.105 billion Hong Kong dollars last year, as of June 30, the company's cash and cash equivalent assets exceeded 2.6 billion RMB.

On September 23, tongdao liepin received an increase in shareholding of 2.9578 million ordinary shares by Fidelity International and affiliated parties, valued at approximately 4.3923 million Hong Kong dollars. The company's founder and Chairman and CEO of the Board of Directors, Dai Kebin, increased his shareholding by approximately 17.7 million shares between July 10 and July 16, representing 3.44% of the total issued shares of the company. In the current market environment, this increase highlights the firm confidence of the market and management in the company's future prospects.

Amidst a complex and ever-changing market environment, tongdao liepin is steadily moving towards a trajectory of high-quality development with its stable operational strategy, sufficient cash flow reserves, and broad market recognition. The company's performance has repair certainty, prominent quality asset attributes, and is undervalued, believed to be the focus of market attention going forward.