Futu News reported on April 28 that$SUNMI TECH-W (06810.HK)$The gray market price surged by 262.03%, reaching HKD 90 per share. With a minimum lot size of 100 shares and excluding transaction fees, each lot yields a profit of HKD 6,514.
Source of Market Data: Futu Securities
Company Overview
The company is a global leading provider of Business Internet of Things (BIoT) solutions. Its disruptive solutions integrate smart hardware, software, and data insights, empowering various offline commercial scenarios to achieve digital transformation and enhance the efficiency of core business operations such as payment, membership management, order fulfillment, inventory control, and staff management.
The company's BIOT solutions mainly include smart devices and the BIOT PaaS platform. Each smart device is powered by the company's professional commercial operating system (namely SUNMI OS), enabling merchants to efficiently manage and optimize their transactions and operations. The BIOT PaaS platform provides unified software infrastructure equipped with ready-to-use development tools, allowing merchants and developers to efficiently develop, manage, and upgrade specific vertical scenario software applications for smart devices. As of December 31, 2025, the company recorded over 200 million cumulative downloads of applications on the Shangmi app market.
Financial Highlights
Revenue increased from RMB 3,070.5 million in 2023 to RMB 3,456.4 million in 2024 and further to RMB 3,811.9 million in 2025. For the fiscal years ended December 31, 2023, 2024, and 2025, the company reported gross profits of RMB 821.2 million, RMB 997.3 million, and RMB 1,192.9 million respectively, with gross profit margins of 26.7%, 28.9%, and 31.3%.
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Editor/Deng