Quantitative AI Firm Surges Over 16% in Morning Session on Strategic Partnership News

Deep News
06/04

Shares of Quantitative AI (HKEX: 02865) surged more than 23% during the trading session. As of this report, the stock is up 16.53%, currently trading at HK$13.04 with a turnover of HK$214 million.

Recently, Silicon-based (Beijing) Intelligent Technology Development Co., Ltd., a subsidiary of Quantitative AI, formally entered into a strategic cooperation framework agreement with Beijing Ruihong Embodied Intelligence Robotics Technology Co., Ltd. The two parties will leverage their respective core strengths in AI, scenario applications, robotic hardware, flexible control, and mass-production capabilities. They will engage in deep collaboration focusing on co-creating products, joint research and development, building shared channels, technology sharing, and ecosystem synergy. This partnership aims to jointly advance the R&D innovation and commercialization of embodied intelligence robots for applications in home services, commercial scenarios, automotive showrooms, and other fields, continuously improving the layout of the intelligent species ecosystem.

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