JF Intelligent Investment Holdings (09636): AI Empowerment Drives Performance Surge and Stock Price Soaring

JF Intelligent Investment Holdings (09636) is a leading online investment decision solution service provider in China, focusing on securities investment education and investment advisory services. It attracts users through new media such as short videos and live broadcasts, and provides services like investment courses and technical analysis tools [2].

1. AI Strategy Deepening
   : The company established JF Zhiqing and settled in Shanghai Model Speed Space, built the Jiuzhang Securities Large Model system, promoted the transformation from traditional investment advisory to intelligent investment advisory, and the application of AI technology improved service efficiency and user experience [3].
2. Market Demand Surge
   : The recovery of the A-share market has driven the growth of demand for investor education and investment advisory services, and the company quickly captured market opportunities by virtue of its online channel advantages [2].
3. Marketing & User Expansion
   : Through multi-platform live broadcast marketing, the cumulative number of followers reached 50.05 million, and the number of paying users in 2024 was 181,500, a year-on-year increase of 149.4% [2].

• Revenue in 2024 was 2.306 billion yuan, with net profit attributable to parent company of 272 million yuan; the net profit for H1 2025 is expected to be 830-870 million yuan, turning losses into profits year-on-year [2].
• Profitability has improved significantly, mainly due to the expansion of paying user scale and cost reduction and efficiency improvement through AI technology [3].

• Strong stock price performance: Up 175.35% so far in 2025, with a 1-year return of 1023.17%, far exceeding the Hang Seng Index’s 30.59% increase in the same period [1].
• Increased institutional attention: Completed the 2025 interim cash dividend, institutions increased their allocation significantly, and the predicted target price is HK$94.02 [4].

• AI empowerment strategy continues to drive growth, and technical advantages consolidate market position [3]
• Large potential for user scale expansion, strong certainty of performance growth [2]
• Institutions are optimistic about future performance, and the target price has upside potential [4]