Aoyama Technology (30110): Steady growth in performance and accelerated expansion of brand incubation

Event: Qingmu Technology released its 2025 annual report and Q1 2026 report, achieving revenue of 1.415 billion yuan in 2025, an increase of 22.69% year-on-year, with a net profit attributable to shareholders of 123 million yuan, up 35.90% year-on-year, and non-recurring net profit attributable to shareholders.

Northeast SecuritiesApr 29 00:00

Aoki Technology (301110): Brand incubation fosters new growth engine, with momentum for performance growth continuing to build.

Key investment highlights: The company released its annual report for the year 25 and the first-quarter report for the year 26, with performance exceeding expectations. Revenue for year 25 reached 1.415 billion yuan, representing a year-on-year increase of 22.69%; net profit attributable to shareholders was 123 million yuan, up 35.90% year-on-year.

Shenwan Hongyuan ResearchApr 28 07:37

Aoyama Technology (301110): Seizing the Growth Opportunities in the Nutritional Supplements Sector

The core viewpoint is that the company not only collaborates with well-known brands such as Pop Mart and Jellycat in traditional shelf e-commerce but has also achieved rapid growth on Douyin's interest-based e-commerce platform. The company’s brand incubation business for the entire year realized a 55% rapid increase, following years of cultivation.

CSC Financial Co., Ltd.Apr 28 07:37

Qingmu Technology (301110) Performance Review for 2025 and Q1 2026: Rapid Growth in Brand Incubation Business Drives Profit Expansion

Report Summary: The company's brand incubation business revenue has grown rapidly, with profits gradually being released since the second half of 2025. Key investment points: Maintain a 'Buy' rating. The company’s performance in 2025 and the first quarter of 2026 is generally in line with expectations, and we forecast for 2026.

Guotai Haitong SecuritiesApr 27 00:00

Aoki Technology: First Quarter Report for 2026

SZSIApr 27 00:00 · Announcements

Aoki Technology: Summary of the 2025 Annual Report

SZSIApr 27 00:00 · Announcements