Jiangsu Chuanzhiboke Education Tech

On August 4, AI application plays repeatedly strengthened, with Chuanzhi Education recording its 7th consecutive daily limit, Hengyin Technology its 3rd straight daily limit, and Mio Exhibition surging over 10%. In news, US AI application concept stocks Palantir and Snap both beat earnings expectations, sending their shares up over 14% each in after-hours trading at one point. Chuanzhi Education reported first-quarter 2026 revenue of 104 million yuan, up 43.75% year-on-year, and net profit attributable to the parent of 1.4579 million yuan, achieving a single-quarter turnaround from loss. It expects first-half 2026 net profit of 28 million to 40 million yuan, representing year-on-year growth of 488.72% to 655.32%.

On August 3, AI application market favorite Chuanzhi Education hit its daily limit up with a straight-line surge, notching its sixth consecutive trading halt. The company's main business is digital talent training, and it has launched the Chuanzhi AI sub-brand alongside Black Horse Programmer to form a dual-brand matrix focused on AI application and development talent cultivation. On the earnings front, the company expects to swing to a profit in the first half of 2026, with net profit attributable to shareholders of the listed company ranging from 28 million to 40 million yuan, representing year-on-year growth of 488.72 percent to 655.32 percent. Among AI application concept stocks, Jihong Group hit its daily limit up, Tianyu Digital Technology and Hengyin Technology recorded their second consecutive trading halts, and Foxit Software, Yidian Tianxia, Fengzhushou, Leo Group, and BlueFocus also rose in sympathy. On the news front, OpenRouter officially disclosed that the global market share of Chinese models surpassed that of US models overall in early June. As of July 26, the share of Chinese models over the past 28 days stood at approximately 63.5 percent, compared with 35.5 percent for US models.

On August 3, major A-share indexes fluctuated near their lows in the morning session. By the midday break, the Shanghai Composite Index was down 0.59%, the Shenzhen Component Index fell 0.45%, the ChiNext Index lost 0.44%, and the STAR 50 Index dropped 3.73%. Nuclear power concept stocks triggered a wave of limit-up moves. Jiusheng Electric and Ruidi Zhiqu soared by the 20% daily cap, while China Nuclear Engineering and several others also hit limit-up. The news came after a State Council executive meeting approved four nuclear power projects totaling eight new units, including the first phase of the Zhuanghe project in Liaoning. Commercial aerospace stocks saw localized gains, with Shenjian Corporation among those hitting limit-up, as LandSpace locked in the launch window for its Zhuque-3 Y2 rocket for August 2026. AI application favorite Chuanzhi Education opened limit-up and extended its winning streak to six straight sessions. The company expects to swing to a profit in the first half, with net profit between 28 million and 40 million yuan, representing year-on-year growth of 488% to 655%.

The Ministry of Industry and Information Technology said it will accelerate the rollout of an AI plus software action plan to promote the intelligent transformation of software development. Boosted by the news, AI application stocks were active in early trading. Chuanzhi Education hit its daily limit up, marking four consecutive trading days of limit-up gains. Pu Lian Software, Hengfeng Information, Giant Network and other stocks followed the rally. Chuanzhi Education disclosed that its short-term training business has launched an AI embedded plus robotics development discipline, and the first course of the newly released AI embodied intelligent robot development discipline will start in October this year. The smart driving concept also performed actively. Zhejiang Shibao hit its daily limit up, while VanJee Technology and Suo Ling shares followed the rise. Earlier, Guo Shougang, head of the equipment industry division at the MIIT, said that since the beginning of this year, the penetration rate of passenger cars with Level 2 combined driver assistance functions has reached 70.5 percent, and the penetration rate of passenger cars with NOA functions has reached 34.2 percent. In addition, Elegant Home-Tech opened at its daily limit up, achieving an eight-day winning streak. The company previously announced plans to acquire no less than 77.08 percent of Oconnor for an overall valuation not exceeding 650 million yuan. Oconnor focuses on storage testing equipment and testing services.