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Changes in Hong Kong stocks | Haizhi Technology Group (02706) rebounded the market and rose more than 17%. The Ministry of Industry and Information Technology launched a special campaign to cultivate artificial intelligence application service providers
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The Zhitong Finance App learned that Haizhi Technology Group (02706) reversed the market and rose more than 17%, and the cumulative increase since July 31 has exceeded 170%. As of press release, it rose 16.57% to HK$59.1, with a turnover of HK$277 million.

According to the news, the General Office of the Ministry of Industry and Information Technology issued the “Notice on Launching Special Actions to Cultivate Artificial Intelligence Application Service Providers”, which proposes exploring models such as initial purchase and first use, risk compensation, etc., to increase procurement efforts for services such as large models, agents, tokens, etc., and enhance the intellectual quality and efficiency of industrial use models. The goal of the action is clear: by the end of 2026, the number of service providers in the national service provider resource pool will exceed 2,000, forming a multi-level echelon with reasonable structure, orderly division of labor and collaborative innovation; by the end of 2027, the number of service providers in the national service provider resource pool will not be less than 3,000, supporting the formation of an artificial intelligence application service ecosystem with full factor collaboration, full chain integration, and full scenario coverage.

It is worth noting that Haizhi Technology's interim report shows that the Atlas smart business achieved leapfrog growth, with revenue reaching 115 million yuan in the first half of the year, an increase of 135.6% over the previous year, and the share of revenue rose to 38.8%. It marks that Haizhi Technology has completed its strategic advance from a mapping solution provider to an industrial-level AI infrastructure service provider for complex enterprise scenarios. Guosheng Securities said in the research report that Haizhi is more suitable for industrial AI scenarios with high reliability, strong logic, and heavy delivery, and is expected to become an important target for the implementation of sovereign AI and enterprise intelligence.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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