Jiujiuwang (01927.HK): Significant Financial Performance Improvement Drives Market Attention

Jiujiuwang (01927.HK) is a well-known manufacturer of sweet products in China, mainly engaged in categories such as gum-based candies and compressed candies [2]. In 2025, the company’s financial performance improved significantly: total revenue increased from 2.01 billion yuan in 2024 to 3.04 billion yuan, a year-on-year growth of 51.2%; net loss narrowed from -90.36 million yuan in 2024 to -43.15 million yuan, a reduction of 52.2% [0]. In terms of stock price, the trend in 2025 was up first then down, stabilizing around HK$0.14 after reaching a peak around September [1]. This improvement reflects the company’s enhanced profitability and optimized operational efficiency, while benefiting from the consumption recovery in the food manufacturing sector and industry consolidation trends [0].

1. Financial Improvement Driver
   : The revenue growth and loss narrowing reflect the effectiveness of product structure optimization and cost control, aligning with the recovery of demand for sweet products amid consumption upgrading [0].
2. Market Attention Logic
   : The positive financial data drove the company’s inclusion in the Hong Kong Stock Market Surge List, reflecting market recognition of its fundamental improvement [0].

• Opportunities
  : Sustained consumption recovery continues to benefit the food sector; industry consolidation may bring expansion opportunities, with attention to the potential for profitability to turn positive [0].
• Risks
  : Fluctuations in raw material prices and intensified competition may affect profits; the sustainability of profit improvement needs to be tracked [0].

Jiujiuwang (01927.HK) saw significant improvement in its 2025 financial performance, with revenue growth and loss narrowing as core highlights. The sector the company is in benefits from consumption recovery, leading to increased market attention. Investors can pay attention to the sustainability of subsequent profitability turning positive and development opportunities brought by industry consolidation.