Changes in Hong Kong stocks | Haizhi Technology Group (02706) surged more than 20%. Academician Haizhi Expert Workstation recently completed a strategic upgrade

The Zhitong Finance App learned that Haizhi Technology Group (02706) soared by more than 20%. As of press release, it had risen 20.15% to HK$25.76, with a turnover of HK$12.529,400.

According to the news, recently, Haizhi Xingtu Academician Expert Workstation under Haizhi received approval from the Beijing Association for Science and Technology to complete a strategic upgrade. The research and development focus comprehensively focuses on cutting-edge fields integrating knowledge maps and big models. The workstation is led by Zheng Weimin, an Academician of the Chinese Academy of Engineering and chief scientist of Haizhi Technology. Since its establishment in 2021, the workstation has been deeply involved in the localization of high-performance graph computing. This upgrade marks a key breakthrough in domestic basic software in the field of reliable AI implementation and optimization of computing power efficiency.

Huachuang Securities pointed out that considering that Haizhi Technology Group has deep technical accumulation in the fields of graph databases, knowledge maps and industrial-level AI intelligence, and focuses on providing industrial-grade AI agents and enterprise-level large-scale model application solutions in the fields of finance, energy, government affairs, etc., the valuation is RMB 25 billion, corresponding to a market value of HK$28.76 billion, and a corresponding target price of HK$71.8. The first coverage gave it a “strong push” rating.