On September 4, UNISOUND rose 5.05% in regular trading, trading at 82.2 HKD/share, with turnover of 31.58 million HKD. The stock continued its post-earnings rally as the market digested strong interim results released on August 28.

The company reported first-half revenue of 562 million yuan, up 38.7% year-over-year, with gross profit rising 42.0% to 186 million yuan and overall gross margin improving to 33.1%. The standout was its large language model Token business, which generated nearly 30 million yuan in revenue — a roughly 760% year-over-year surge — with second-quarter revenue alone exceeding 25 million yuan, representing over 500% quarter-over-quarter growth. Token business gross margin exceeded 60%, with growth primarily driven by USD-denominated revenue.

At the sector level, Application Software stocks rallied broadly, with MININGLAMP-W up 8.12%, HORIZONROBOT-W up 6.52%, KINGDEE INT'L up 5.51%, and SENSETIME-W up 4.40%, providing additional tailwinds for UNISOUND.

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