Understanding the Market | WASION HOLDINGS rises over 3% as the company's ADO overseas revenue surges and the Malaysia factory officially commences production
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Wasion Holdings' stock price rose by 3.3%, closing at HKD 11.57, with a trading volume of HKD 14.6482 million. The company's overseas business revenue is expected to grow to RMB 1.24 billion in the first half of 2025, a year-on-year increase of 19%. ADO's overseas revenue surged by 754%, and the overseas revenue from the power AMI business increased by 12%. The Malaysian factory has officially commenced production, and it is expected that data center orders will exceed RMB 2 billion in 2025, with conservative estimates of revenue exceeding RMB 1 billion
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