According to the latest information from the Hong Kong Stock Exchange, on October 12, JOINN (06127) experienced a position anomaly, with a total transfer market value of HK$202 million, accounting for 5.43%.

Shareholders of the company transferred 3.0268 million shares to Morgan Stanley Hong Kong Securities and moved 3.1573 million shares out from HSBC Hong Kong.

Huatai Securities previously noted that the company's total order backlog in the first half of the year was approximately RMB 3.7 billion, a year-on-year increase of 60.9%, with new orders signed amounting to approximately RMB 2.02 billion, a year-on-year increase of 98.0%. Among these, new orders signed in 2Q26 amounted to approximately RMB 1.11 billion. Order performance continues to be impressive, further enhancing visibility for future performance.

Considering the positive recovery in domestic industry demand, combined with the company's continuous overseas business expansion, the medium- to long-term growth space for the company's business is favored. The company's A-shares and H-shares both maintain a "Buy" rating.