HAIZHI TECH GP Shares Surge in Early Trading Following Strategic Partnership and Inclusion in Stock Connect Program

Stock News
06/15

HAIZHI TECH GP (HKEX: 02706) shares experienced a significant rise during the morning trading session, with gains exceeding 12%. At the time of writing, the stock was up 6.54% to HK$59.5, with a trading turnover of HK$124 million.

The upward movement follows the announcement of a strategic collaboration. The company has formally entered into a strategic cooperation agreement with Hygon Information Technology Co.,Ltd. (SSE: 688041). The partnership will concentrate on sectors including government services, public services, and security. By leveraging their respective core technological strengths in artificial intelligence and independently controllable computing chips, the two parties will engage in comprehensive, in-depth cooperation.

HAIZHI TECH GP will apply its technical expertise in graph computing, knowledge graphs, and the Atlas intelligent agent platform. This will be combined with Hygon's high-end, independently-developed core computing products such as CPUs and DCUs. The collaboration aims to conduct deep technical adaptation and optimization for various business scenarios, continuously enhancing the compatibility and deployment stability of domestic solutions.

In a separate but significant development, the company recently announced its formal inclusion in the list of eligible securities for the Hong Kong Stock Connect program. This inclusion is expected to significantly improve the accessibility and market liquidity of HAIZHI TECH GP's Hong Kong-listed shares. It will broaden the reach to potential investors and strengthen the company's connection with the broader mainland capital market.

Furthermore, as a leading enterprise in industrial-grade AI, this inclusion into the Stock Connect program represents strong recognition from the capital markets. It acknowledges the company's comprehensive capabilities, core technological advantages, and long-term industrial value.

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