Zhejiang Risun Intelligent Technology (SHA:688215) subsidiary Ruifeng Intelligent was selected by China Mobile (SHA:600941, HKG:80941) as the winning supplier for an information and communications technology project valued at 60.2 million yuan.
The contract covers computing-power servers and related systems, supporting the company's push into artificial intelligence software development and information system hardware integration, according to a Thursday filing with the Shanghai bourse.
Shares of the infrastructure software developer were down 1% in recent trade.