Xunce Technology reports 388.76% revenue growth and profit turnaround
Revenue reached RMB967.02 million, turning from loss of RMB89.43 million to profit of RMB72.51 million.
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In short: Xunce Technology expanded its AI data infrastructure and raised HK$771 million through a share placing after reporting doubled revenues.
Revenue reached RMB967.02 million, turning from loss of RMB89.43 million to profit of RMB72.51 million.
The partnership focuses on tokenized data governance, AI capabilities, and commercialization for portfolio companies.
The placing raised HK$771 million net and the bonds raised US$196 million net for AI infrastructure development.
Mr. Jiang Chunfei resigns, Ms. He Jinglu appointed. Company proposes articles amendments and share award scheme.
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