Changes in Hong Kong stocks | FORTIOR (01304) increased more than 7% equity incentives for the first time and officially launched, demonstrating confidence in new business development

The Zhitong Finance App learned that FORTIOR (01304) rose by more than 7%. As of press release, it had risen 7.05% to HK$126, with a turnover of HK$137.651 million.

According to the news, on the evening of September 16, FORTIOR announced that the board of directors believes that the grant conditions stipulated in the company's 2026 restricted stock incentive plan have been fulfilled, and agreed to decide that September 16 will be the initial grant date, and that 1.97 million restricted shares will be awarded to 301 incentive recipients at a grant price of 100 yuan/share. Zheshang Securities pointed out that this incentive is deeply tied to core business and technical backbone, and that the performance assessment uses two indicators of revenue growth rate and new product revenue, demonstrating the company's confidence in developing new business.

The company achieved revenue of 561 million yuan in the first half of this year, up 49.56% year on year, and net profit to mother of 199 million yuan, up 70.98% year on year. Among them, revenue in the industrial sector increased 175% year on year, mainly benefiting from increased demand for AI server cooling fans, and automotive electronics revenue increased 64.54% year over year. Huatai Securities believes that looking forward to the second half of the year, demand in the industrial, automotive and other fields is expected to remain high, and the company will actively strengthen the upstream production capacity guarantee layout, which will jointly drive further rapid growth in business performance.