Inno Holdings (INHD) said Monday it has signed a $3 million development contract with a Hong Kong-based artificial intelligence service provider to build a sales agent system for used mobile phones.
The service provider will design an automated customer acquisition platform with product recommendation engines and data analytics to streamline trading workflows, the company said.
The technology remains in the early development phase, requiring further testing before commercial use, it added.
Shares of the company were up roughly 249% in Monday trading.
Price: $3.41, Change: $+2.36, Percent Change: +224.76%