Asia
Intellifusion Tech Extends Completion Dates of Three Projects
Shenzhen Intellifusion Technologies (SHA:688343) extended the completion dates of three projects, according to a Shanghai bourse filing on Tuesday.The completion of the visual computing artificial intelligence chip project was moved to December, while the urban AI computing hub and next-generation scenario-oriented AI technology research and development center were both moved to June 2027.All projects were supposedly completed in June.The implementation progress of the projects lagged behind the original schedule to the macroeconomic environment, changes in demand, fluctuations in the supply market, changes in national policies and other unforeseen circumstances.The software company's shares jumped 5% at the close.
SHA:688343
