CH SUPPLY CHAIN (03708) surged over 57%, extending its weekly rally beyond 170%. At press time, the stock rose 42.5% to HK$0.057, with a turnover of HK$19.21 million.
The company announced signing a memorandum of understanding with Digital Dimension Technology, which specializes in storage, security, and bandwidth solutions (including StreamBox edge systems), as well as compact ultra-high-capacity data centers utilizing licensed Kodon technology.
The memorandum outlines strategic cooperation intentions, under which CH SUPPLY CHAIN will establish a wholly-owned subsidiary in Hong Kong to fund, construct, and operate next-generation data centers using Kodon technology licensed or sublicensed by Digital Dimension Tech.