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HKG:3317

10 stories mentioning HKG:3317Updated 24d ago

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Asia

Shenzhen Xunce Technology Returns to Attributable Profit in H1

Shenzhen Xunce Technology (HKG:3317) booked an attributable profit to owners of 72.5 million yuan during the first half of the year against an attributable loss of 89.4 million yuan a year earlier, according to a Friday filing with the Hong Kong Exchange.Earnings per share came in at 0.0022 yuan compared with a loss per share of 0.003 yuan in the year-ago period.Revenue of the data infrastructure and advanced data analytics solutions company surged 389% year over year to 967.0 million yuan from 197.8 million yuan.

HKG:3317
Asia

Shenzhen Xunce Signs MOU With Trina Solar Unit for AI, Green Computing

Shenzhen Xunce Technology (HKG:3317) signed a memorandum of understanding with Jiangsu Tianhe Computing Power Technology, a wholly-owned subsidiary of Trina Solar (SHA:688599), to cooperate in AI, data, and green computing, according to an Aug 7 Hong Kong bourse filing.The partnership will focus on large models in the energy sector, data assetization, coordination of computing power, and the integration of computing with electricity supply.The companies also plan to explore green computing services and energy data infrastructure, as well as token-based billing and data assetization models for power plants and data centres.

HKG:3317SHA:688599
Asia

Xunce Technology Signs AI Data Partnership With Kaihong Digital

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.

HKG:3317
Asia

Shenzhen Xunce Technology Partners with Hongtai Capital on AI, Tokenization

Shenzhen Xunce Technology (HKG:3317) signed a cooperation memorandum with Hongtai Capital to jointly develop artificial intelligence and tokenization services, according to a Sunday Hong Kong bourse filing.The companies will collaborate on tokenized data governance, AI infrastructure, and token commercialization services.Shenzhen Xunce said the partnership expands its data tokenization business into the private equity investment sector and supports the commercialization of token-based applications.

HKG:3317
Asia

Shenzhen Xunce Signs MoU With Lutech to Expand AI Business in Europe

Shenzhen Xunce Technology (HKG:3317) signed a memorandum of understanding with Italy's Lutech to expand its AI data infrastructure business in Europe, according to a Hong Kong bourse filing Saturday.The companies will develop AI services that comply with European Union data sovereignty rules and jointly commercialize AI Token Factory solutions in the region.They also plan to build a cross-border ecosystem for AI and secure data infrastructure.Lutech is an Italian digital and AI services provider with more than 6,000 employees and annual revenue of about 1 billion euros, the filing said.

HKG:3317
Asia

Xunce Technology Concludes Share Placement, Convertible Bond Issue

Xunce Technology (HKG:3317) completed the placing of nearly 7.3 million new shares to raise HK$771 million, according to a Friday Hong Kong bourse filing.The shares were placed to at least six investors at HK$107.70 apiece and represent roughly 2.21% of the information technology company's enlarged issued share capital.The company also completed the issue of 1.36 billion yuan of U.S. dollar-settled zero coupon convertible bonds due 2027 and convertible at HK$123.86 per share. The net proceeds from the issue will be around US$196 million.The listing of and permission to deal in the bonds is expected to become effective July 13.Proceeds from the placing and subscription will be used for the commercialization and deployment of the company's data tokenization and AI infrastructure capabilities across variety of industries.

HKG:3317
Asia

Xunce Technology Explores Data Tokenization Partnership With Gechuang Dongzhi

Xunce Technology (HKG:3317) is exploring a partnership with Gechuang Dongzhi (Shenzhen) Technology focused on data tokenization, according to a Sunday filing with the Hong Kong bourse.Under the memorandum of understanding, the companies will collaborate on the standardization and assetization of industrial data.The firms will also jointly develop industrial AI agents and explore the business models of industrial data assetization and token-based billing.

HKG:3317
Asia

Xunce Technology Expands AI Push Through Partnerships With Three Firms

Xunce Technology (HKG:3317) said it entered cooperation agreements with MetaX Integrated Circuits, Iluvatar CoreX, and Biren Technology (HKG:6082) to jointly develop AI and computing infrastructure services, according to a Monday Hong Kong bourse filing.The partnerships will focus on integrating computing power and data capabilities to support enterprise AI applications across industries, including finance, manufacturing, energy, and smart cities.

HKG:3317HKG:6082
Asia

Saimo Technology Partners With Pateo Connect, Xunce Technology to Advance In-Vehicle AI

Beijing Saimo Technology (HKG:2571) entered into a two-year cooperation framework agreement with Pateo Connect Technology (HKG:2889) and Shenzhen Xunce Technology (HKG:3317) to explore artificial intelligence applications in intelligent vehicles, according to a Monday Hong Kong bourse filing.The companies plan to collaborate on areas including usage-based AI services, in-vehicle operating systems, physical AI, and world-model applications.The proposed cooperation also covers AI agent deployment, usage-based billing and settlement mechanisms, device-cloud collaboration, and data monetization.

HKG:2571HKG:2889HKG:3317
Asia

Xunce Technology to Partner With State-owned Enterprise on Data Assetization

Shenzhen Xunce Technology (HKG:3317) is partnering with state-owned Shenzhen Data Exchange on data assetization and artificial intelligence, according to a Hong Kong bourse filing Sunday.Shares of the real-time data infrastructure and analytics solutions provider gained over 2% in pre-market trade Monday.The partnership will help expedite the firm's implementation of its data assetization initiative, Xunce Technology said.

HKG:3317

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