Hong Kong Stock Alert | ZMJ (00564) Surges Over 7% to New High as Company Partners with Huawei, Lenovo and Others to Drive Industrial Intelligence Development

Stock News
Sep 19

ZMJ (00564) jumped over 7%, reaching a new listing high of HK$23.14. As of press time, the stock was up 7.16% at HK$23.06, with trading volume of HK$83.67 million.

On the news front, according to the "Huawei Intelligent Mining and Oil & Gas" WeChat official account, on September 17, Huawei Technologies Co., Ltd. signed a cooperation agreement with the newly renamed ZMJ Group (formerly Zhengzhou Coal Mining Machinery Group). Under the cooperation agreement, both parties will focus on four core areas: AI-based mining digital operation and decision-making solutions, industrial application scenarios, specific project-level cooperation, and joint talent development programs.

Specifically, on September 17, ZMJ Group held its strategic transformation ceremony, new product and technology launch, and renaming unveiling ceremony in Zhengzhou. At the unveiling ceremony, ZMJ signed cooperation agreements with renowned industry enterprises including Huawei, Lenovo, SAP, Deloitte, and Hanbo Semiconductor to jointly promote industrial intelligence development.

Meanwhile, the group's coal machinery division released eight major smart mining innovative technologies and products, including ten types of mining operation robots, electric supports, normal water supports, surface mining fully continuous equipment, and other cutting-edge technologies.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10