The share price of XUNCE (ASX: 03317) has surged, with gains expanding to over 23%. At the time of writing, the stock is up 20.52%, trading at HK$129.9 with a turnover of HK$1.019 billion.

Strategic Partnership Announcement

The catalyst for this significant price movement is a recent strategic cooperation announcement. The company has signed a memorandum of strategic cooperation with Qingdao Xinchen Technology Innovation Industrial Co., Ltd., the controlling entity of Hongtai Fund.

Core Collaboration Details

This powerful alliance will see both parties jointly provide deep tokenization empowerment services to Hongtai Fund and its portfolio companies, utilizing platforms such as TokenOS. The partnership aims to develop and expand commercial tokenization solutions for specific vertical scenarios.

Significance of the Deal

This move marks the first practical implementation of Xunce Technology's TokenOS operating system within the private equity investment sector. The collaboration leverages Xunce's AI data infrastructure and full-chain data service capabilities alongside Hongtai Fund's extensive investment research data and industry insights.

Joint Data and AI Initiatives

Together, they will work on data aggregation, cleansing, labeling, and governance for scenarios including investment research and post-investment management, aiming to build high-quality industry datasets. Building on this foundation, the partners will co-develop, train, and fine-tune customized vertical small models and intelligent agents.

Exploring New Business Models

Furthermore, the collaboration will explore token-based pay-as-you-go commercial models. This initiative is designed to create a complete closed-loop system, transforming data resources into AI capabilities and ultimately driving commercial returns.