Cambrian Technologies' share price witnessed a remarkable 14% surge today, breaching the 1500 yuan mark to settle at 1577 yuan, thereby officially surpassing Kweichow Moutai to claim the title of the new "king of stocks" in the A-share market. This achievement has propelled the company's market value to over 650 billion yuan. Earlier, Cambrian Technologies' mid-year report highlighted significant growth in both operating revenue and net profit during the first half of the year, marking a turnaround to profitability. The surge in its stock price can be attributed to multiple factors, including the burgeoning trends in hard technologies such as AI and semiconductors, coupled with substantial improvements in the company's underlying fundamentals.