Thiz Technology to break even next March

Thiz Technology Group (8119) President Li Sze Tang said that the company would focus efforts on the development of sales business in Beijing in the second half of this year while the Hong Kong headquarter would continue to develop new software products. The company launched a new product every two months and the orders for Linux products have hit 200,000 sets. He said the SAR government¡¦s crackdown on piracy helped the company increase the orders in the first half and the company was expected to break even in late next March. The stock debuted today and surged 63% to latest stand at HK$1.94 on a turnover of HK$3.67mln. It once hit the peak of HK$1.95.

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