The A-share Huawei computing concept surged in the afternoon, with QingCloud rising over 15%, followed by Brilliance Tech, Capitalonline, BONCloud, UCloud, and Parallel Technology

BRILLIANCE TECH.: Shareholders holding more than 5%, Director Kang Lu has cumulatively reduced holdings by 970,700 shares

BRILLIANCE TECH. announced that major shareholder and director Kang Lu, who holds more than 5% of the shares, will reduce his holdings by a total of 970,700 shares through centralized bidding and after-hours pricing transactions from October 24 to October 31, 2025. After the reduction, his shareholding will decrease from 36,309,150 shares to 35,338,450 shares, accounting for a decrease in the total share capital ratio from 12.1614% to 11.8363%. The change in equity ratio has reached an integer multiple of 1%, and the reduction plan has not yet been fully implemented

Multiple shareholders and directors of BRILLIANCE TECH. plan to reduce their holdings by no more than 2.0316%

BRILLIANCE TECH. announced that shareholders and directors holding more than 5% of the shares, Kang Lu, Zhang Yansheng, Xu Lianping, and Yang Hanjie, plan to collectively reduce their holdings by 6.0655 million shares, accounting for 2.0316% of the company's total share capital

BRILLIANCE TECH. released its performance for the first half of the year, with a net loss attributable to the parent company of 12.9888 million yuan, narrowing by 9.25%

According to the Zhitong Finance APP, BRILLIANCE TECH. released its semi-annual report for 2025, showing an operating income of 460 million yuan, a year-on-year increase of 9.28%. The net loss attributable to shareholders of the listed company was 12.9888 million yuan, a year-on-year narrowing of 9.25%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 14.2815 million yuan, a year-on-year narrowing of 39.33%. The basic loss per share was 0.04 yuan

Midday Review: The Shanghai Composite Index fluctuated narrowly, rising 0.35%, continuing to set a new ten-year high, with the cross-border payment sector strengthening

At noon, the Shanghai Composite Index rose by 0.35%, the Shenzhen Component Index rose by 0.45%, and the ChiNext Index rose by 0.21%. The cross-border payment sector performed strongly, with Sanwei Xinan and BRILLIANCE TECH. hitting the daily limit. The oil and gas extraction and service sector also rose, with Huai Oil Co., Ltd. hitting the daily limit. The combustible ice sector performed well, with Xinjin Power and Shenkai Co., Ltd. rising over 8%. In contrast, the PCB concept and liquid cooling server sectors experienced adjustments, with Suntak nearing the daily limit down