On September 4, CHINASOFT INT'L rose 5.38% in regular trading, trading at HK$4.135/share, with turnover of HK$57.89 million. The rally was driven by a confluence of positive developments surrounding the company's rapidly expanding AI business and new strategic partnerships.
According to the company's interim results, first-half full-stack AI product and service revenue reached RMB 1.532 billion, surging 133.7% year-over-year, serving as the core growth engine that lifted adjusted net profit 27.1% to RMB 548 million. The company also signed a Token revenue-sharing and joint innovation agreement with Moonshot AI to co-build an FDE Innovation Lab targeting enterprise-level Agentic AI, marking a strategic shift from one-off project fees toward recurring Token-based operations. Additionally, the company won a RMB 245 million Xi'an smart transportation project deploying its AI plus OpenHarmony capabilities. CICC recently raised its target price 19% to HK$4.3, citing faster-than-expected AI business growth, while upgrading revenue forecasts for the current and next fiscal year by approximately 7.8% and 7.9%, respectively.
(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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