UNISOUND Stock Rises Nearly 6% on Plans for AI Chip R&D Headquarters Building in Hangzhou

Stock News
07/03

Shares of UNISOUND (09678) are up nearly 6%. At the time of writing, the stock had gained 5.61% to HK$73.45, with a turnover of HK$125 million.

The move follows a recent company announcement detailing plans to establish Hangzhou as its research and development hub for the Yangtze River Delta region. The initiative involves constructing the UNISOUND AI Chip Innovation Headquarters R&D Building.

A key component of the project will be the deployment of a large-scale, high-performance intelligent computing cluster. This infrastructure is intended to enhance the underlying computing power necessary for large model services, supporting the company's core strategy of "strengthening foundational models and deepening applications."

This computing cluster is expected to provide long-term support for the entire training and inference process of a series of self-developed large models. It aims to effectively reduce computing operational costs and drive continuous model iteration and token commercialization with higher input-output efficiency.

Upon completion of the AI Chip Innovation Headquarters project, the company anticipates it will broaden avenues for commercial revenue growth. Concurrently, it is expected to optimize overall computing-related expenditures, thereby enhancing the company's overall profitability from both directions.

To facilitate the project's completion, the board announced that on June 30, 2026, the company's indirect subsidiary, UNISOUND Artificial Intelligence (as the employer), entered into a general contracting project agreement with Shuanglou Construction (as the general contractor), which took effect on the same date. Under this contract, Shuanglou Construction has agreed to provide construction engineering services for the UNISOUND AI Chip Innovation Headquarters project, with a contracted price of RMB 253 million.

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