Hong Kong Stock Moves: Nuobikan Jumps Over 5% on Morning Trading After Securing ~RMB 50.8 Million AI Software Deal

Stock News09:40

NUOBIKAN (02635) surged more than 5% in early trading, reaching HK$11.96, representing a 5.1% increase with a turnover of approximately HK$14.57 million.

The rally follows the company's August 6 announcement of a signed software sales agreement with a domestic AI chip manufacturer, valued at RMB 50.8 million (including tax). The partner, a leading AI computing chip and intelligent computing infrastructure provider, sees its products widely deployed in AI data centers, telecommunications, energy, and financial technology sectors.

Nuobikan stated that this agreement marks a significant milestone in commercializing its AI industrial software products within the intelligent computing center field. Under the terms, the company will deliver a suite of proprietary software and technical support services, including the NBK Industry Application Platform V2.0 (featuring IoT monitoring, big data processing, intelligent monitoring, and intelligent damage inspection subsystems), the GIS Positioning Map Assisted Positioning Management System V1.0, the Nuobikan Intelligent Robot Inspection and Electrical Operation Assistance System V1.0, and AI-driven O&M big data analytics software, along with their associated technical services.

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