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<Research>Zheshang Securities Initiates Coverage on KNOWLEDGE ATLAS With Rating Buy
KNOWLEDGE ATLAS (02513.HK) increased its operating revenue from RMB57.4 million to RMB724.3 million between 2022 and 2025, marking a four-year CAGR of over 130%, according to a rep...
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<Research>Zheshang Securities Initiates Coverage on KNOWLEDGE ATLAS With Rating Buy
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KNOWLEDGE ATLAS (02513.HK)  0.000 (0.000%)    Short selling $41.02M; Ratio 3.320%   increased its operating revenue from RMB57.4 million to RMB724.3 million between 2022 and 2025, marking a four-year CAGR of over 130%, according to a report from Zheshang Securities. This achievement validated the company's commercialization capabilities.

Meanwhile, the gross margin of KNOWLEDGE ATLAS' core business has remained above 40% over the long term. The company's cost structure has completed a transition from a labor-intensive model to a computing power-driven technology model, aligning the development strategy with industry trends.

Related News JPM: China Equities to Benefit from Macro Resilience; Favors Energy Security, AI and Robotics Themes
Accordingly, Zheshang Securities decided to initiate coverage on KNOWLEDGE ATLAS with a Buy rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

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