Shenzhen Xunce Technology (HKG:3317) signed a cooperation agreement with Shenzhen Kaihong Digital Industry Development to jointly develop AI-powered data infrastructure and tokenization technologies for smart terminal operating systems, according to a Sunday Hong Kong bourse filing.
The companies plan to build AI data infrastructure combining operating systems, data governance and industry-specific AI models, while jointly developing applications for sectors including energy, water utilities, agriculture and smart cities.
Shares of the information technology company were down more than 2% in Monday afternoon trade.