Movement Alert|China Software International Rises 5.95% in Regular Trading, OpenHarmony Ecosystem Expansion Accelerates with Multiple Strategic Partnerships

Market Focus
Jun 01

On June 1, China Software International (00354.HK) rose 5.95% in regular trading, reaching HKD 4.05 per share with trading volume of HKD 115 million. The stock gained momentum following a series of ecosystem-building developments over the preceding days.

On the news front, subsidiary Shenkaihong formally established a deep cooperation with Loongson Technology under the framework of LoongArch + KaihongOS integration, creating a fully indigenous chip-plus-OS technology stack targeting government, industrial control, and smart city applications. Products including industrial controllers, desktop terminals, and medical self-service terminals have already achieved commercial deployment.

Additionally, Zhiwei Intelligence announced a cooperation agreement designating China Software International as its preferred OpenHarmony system and application software supplier for IoT terminals and computing products. UBS maintains an Overweight rating with a target price range of HKD 5.6-6.8, implying 70-100% upside from the current level. The company's AI revenue reached RMB 2 billion in the prior fiscal year, growing 109% year-over-year, while its newly launched allmeta enterprise intelligent operating system positions it as an Agentic AI integrator for state-owned enterprises.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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