SUNMI TECH-W Surges 15% Intraday as Deutsche Bank Sets 12-Month Target Price at HK$78.30

Deep News
Oct 05

During intraday trading, SUNMI TECH-W climbed nearly 15%. In the first half of this year, SUNMI TECH-W achieved revenue of RMB 1.762 billion, representing a year-on-year increase of 25.8%; gross profit reached RMB 566 million, up 26.4% year-on-year. Overseas markets delivered strong performance, with revenues from Europe, the Middle East and Africa, and North America growing 54.8%, 106.3%, and 132.3% year-on-year, respectively.

It is worth noting that the 2026 SUNMI Developer Conference will be held on October 22, under the theme "Hello AI."

Deutsche Bank previously stated in a research report that it set a 12-month target price of HK$78.30 for the company. The bank's core bullish thesis is that SUNMI TECH-W is not an ordinary smart POS hardware company, but a globally leading commercial Internet of Things (BIoT) solutions provider. It is deeply integrating intelligent terminals, SUNMI OS, the DMP device management platform, low-code PaaS, an app store, and AI capabilities, gradually upgrading into an AI infrastructure provider serving offline merchants worldwide. It is expected to become a core target for the digitalization of offline merchants and AI entry points.

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