Changes in Hong Kong stocks | Zhonglian Development Holdings (00264) closed up more than 10%, and the company recently signed the second prefabricated AI data center module procurement contract

Zhitong Finance App learned that Zhonglian Development Holdings (00264) continued to rise at the end of the session. As of press release, it had risen 10.78% to HK$2.26, with a turnover of HK$254.19,300.

According to the news, on August 3, Zhonglian Development Holdings announced that its subsidiary will act as a service provider and customer Brightray Veridian PTE. LTD signed a second prefabricated artificial intelligence data center (AIDC) module procurement contract with a contract amount of approximately US$68 million. Previously, on July 26, the subsidiary had signed the first procurement contract with the customer, amounting to approximately US$24.98 million. The cumulative amount of the two contracts was 93 million US dollars.

According to reports, the delivery site of the second procurement contract was also located at the customer's AIDC project site in Johor Bahru, Malaysia. The subsidiary will continue to provide customers with full-process procurement and deployment services, including procurement of prefabricated AIDC modules and supporting components, standardized modular transportation arrangements, delivery at designated ports, and on-site verification testing and installation. The conclusion of this follow-up contract reflects the overseas customer's phased recognition of the service company's ability to perform previous deliveries and the desire to establish a long-term cooperative relationship.