Movement Alert｜Chinasoft International Rises 7.16% in Regular Trading, Signs RMB 1 Billion High-End AI Computing Equipment Sales Agreement Combined with Chairman Share Purchase

Market Focus09:48

On June 10, Chinasoft International rose 7.16% in regular trading, trading at HKD 4.07/share, with trading volume of HKD 69.36 million.

On the news front, the company announced the signing of a RMB 1 billion high-end AI computing power equipment sales agreement, accelerating the commercialization of its computing power business. The company stated the agreement will effectively expand its high-end AI computing power client base, enhance industry recognition, and generate significant sales revenue. Going forward, the group will continue to advance procurement, delivery, sales, and operational services for high-end AI computing equipment.

Additionally, Chairman and Executive Director Dr. Chen Yuhong purchased 3 million shares on the open market on June 8 at an average price of approximately HKD 4.022 per share, totaling approximately HKD 12.07 million. Following the purchase, Dr. Chen holds approximately 12.01% of the company's issued shares. The board believes this reflects his confidence in the company's future business growth potential. Guoyuan International previously assigned a Buy rating with a target price of HKD 5.65.

(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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