Shares of MARKETINGFORCE (HKEX: 02556) rose more than 9% during the trading session. At the time of writing, the stock was up 7.14% to HK$35.1, with a turnover of HK$205 million.

On the news front, the company completed a strategic placement of approximately HK$500 million at market price in May this year. The proceeds are designated entirely for the development of intelligent computing infrastructure. Subsequently, MARKETINGFORCE entered into a strategic cooperation agreement with domestic GPU manufacturer MetaX, aiming to diversify its computing power sources and promote the integration of domestic computing power with enterprise AI agents.

The market views these moves as a shift from conceptual AI planning to building large-scale delivery capabilities, with its "Full-Stack Token Factory" model entering a validation phase. Analysts believe this model is expected to enhance the company's ability to deliver AI applications and facilitate an expansion of its fee structure towards models based on usage volume and performance outcomes.

It is further noted that the company's AI application business is anticipated to see sustained volume growth, driven by expansion among key account clients and increased value per customer. The development of its global expansion operations alongside the Full-Stack Token Factory is seen as strengthening its AI commercialization capabilities. With the scaling of its AI application business and an optimization of its overall revenue structure, the company is positioned to gradually enter a phase of profit realization.