On September 18, XUNCE rose 5.21% in regular trading, trading at 104.5 HKD/share, with turnover of approximately 80.11 million HKD. The gain was driven by the announcement that the company has signed a memorandum of understanding with GP Capital Industrial Investment Fund Management Co., Ltd.
According to the filing dated September 17, the two parties will jointly explore building an AI-native and token-native investment portfolio ecosystem. XUNCE will leverage its TokenOS platform to provide deep tokenization services for GP Capital's portfolio companies, while jointly expanding token commercialization services. GP Capital, a strategic entity under Shanghai International Group, manages over 70 billion yuan in funds and has invested in more than 600 technology startups.
Notably, XUNCE previously disclosed a proposed investment of up to 12 billion yuan to build an AI inference and computing center, with a related special resolution pending approval at an extraordinary general meeting scheduled for September 28. In its latest interim results, the company reported revenue of 967 million yuan for H1, a 389% year-over-year surge, achieving a turnaround to profitability.
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