
Understanding the Market | DZUG opened over 5% higher after earnings, with net profit attributable to the parent company of 520 million yuan in the first three quarters, an increase of more than 2.05 times year-on-year

DZUG rose over 8%, as of the time of writing, it increased by 5.66%, reported HKD 4.88, with a transaction volume of HKD 5.6403 million. On the news front, on October 30, DZUG released its third-quarter report for 2025. As of September 30, 2025, the group achieved operating revenue of RMB 4.596 billion, a year-on-year decrease of 2.65%; the net profit attributable to shareholders of the listed company was RMB 520 million, a year-on-year increase of 205.14%; basic earnings per share were RMB 0.176. It is worth mentioning that recently, the Shenzhen Municipal Government released an action plan to promote high-quality development of mergers and acquisitions, striving to comprehensively improve the quality of listed companies in the jurisdiction by the end of 2027, with the total market value of domestic and foreign listed companies exceeding RMB 20 trillion, and cultivating 20 enterprises with a market value of over RMB 100 billion. The mergers and acquisitions market is seeing both quantity and quality improvements, with over 200 completed merger projects and a total transaction amount exceeding RMB 100 billion, along with a number of industry demonstration cases. According to public information, DZUG invested in Shenzhen Innovation Investment Group Co., Ltd. (referred to as "Shenzhen Innovation Investment") as early as 2002, becoming its second-largest shareholder. The semi-annual report shows that DZUG holds 10.80% equity in Shenzhen Innovation Investment
According to Zhitong Finance APP, DZUG (01635) rose over 8%, and as of the time of writing, it increased by 5.66%, reaching HKD 4.88, with a transaction volume of HKD 5.6403 million.
On the news front, on October 30, DZUG released its third-quarter report for 2025. As of September 30, 2025, the group achieved operating revenue of RMB 4.596 billion, a year-on-year decrease of 2.65%; the net profit attributable to shareholders of the listed company was RMB 520 million, a year-on-year increase of 205.14%; basic earnings per share were RMB 0.176.
It is worth mentioning that recently, Shenzhen City released an action plan to promote high-quality development of mergers and acquisitions, striving to comprehensively improve the quality of listed companies in the jurisdiction by the end of 2027, with the total market value of domestic and foreign listed companies exceeding RMB 20 trillion and cultivating 20 enterprises with a market value of over RMB 100 billion. The merger and acquisition market is expected to see both quantity and quality improvements, with over 200 completed merger projects and a total transaction amount exceeding RMB 100 billion, along with a batch of industry demonstration cases. According to public information, DZUG became the second-largest shareholder of Shenzhen Innovation Investment Group Co., Ltd. (referred to as "Shenzhen Innovation Investment") as early as 2002. The semi-annual report shows that DZUG holds 10.80% equity in Shenzhen Innovation Investment

