Ziyuanyuan Shares Surge Over 55% After Framework Agreement with Shensu Holdings on Token Digital Trade and AI Cooperation

Stock News
10/26

Ziyuanyuan (08223) shares briefly soared more than 55%, and as of press time, they were up 30% at HK$0.26, with a turnover of approximately HK$1.1359 million.

On the news front, Ziyuanyuan announced that the company has entered into a cooperation framework agreement with Shensu Holdings regarding cooperation in token digital trade, upstream and downstream industries of AI medical computing power, and the AI energy sector.

According to the framework agreement, the two parties intend to carry out cooperation in the following three areas: token digital trade, covering the trading of AI tokens and related digital assets; upstream and downstream industries of AI medical computing power, including the construction and operation of AI medical computing power infrastructure, computing power and model services, as well as related applications and solutions; and AI energy, covering integrated energy services for intelligent computing centers and data centers, as well as the application of AI technology in energy management and operations and maintenance.

The two parties also intend to jointly invest in and establish a joint venture company to serve as the platform for the above cooperation.

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