GD-HKGBA HLDGS soared 5.15% in intraday trading on Thursday, marking a significant upward movement for the stock.

The surge is attributed to the company's successful transformation into an intelligent computing construction and operations provider, with its annual report revealing that the AI computing business now constitutes 61.5% of total revenue, establishing it as the core growth pillar. The stock's momentum has been further catalyzed by recent news related to Doubao charging.

Positive corporate actions are also supporting the share price, including the controlling shareholder increasing holdings through an agreement transfer and the company's continued share repurchases, with cumulative payments reaching approximately 220 million RMB. Investor sentiment is additionally buoyed by the ongoing earnings briefing and the anticipation of a board meeting to review full-year results and consider a final dividend declaration.