FriendTimes Inc (06820) shares jumped more than 6% during the morning session, trading at HK$0.405 as of the latest update, representing a 6.58% gain.

The gaming company released a positive profit alert, forecasting a net profit between RMB 68 million and RMB 74 million for the first half of the year. This would represent a year-over-year increase of approximately 67% to 82%, primarily driven by higher fair value gains on financial assets and increased investment income.

Separately, Boton Photonics recently completed a Series B+ financing round exceeding RMB 100 million. The investment syndicate included Yi Capital, CSC Capital, FriendTimes, Dawu Venture Capital, and Nankong Fund. According to public disclosures, Boton Photonics has secured a strategic position in future industries such as fusion energy and quantum technology, as well as emerging high-tech sectors including aerospace, optical communications, and the broader semiconductor industry. This funding round is expected to provide strong financial support for the company's business expansion and marks a milestone on its path toward an initial public offering.