Changes in Hong Kong stocks | Hard Egg Innovation (00400) rose nearly 7% in early trading, the US $1 billion AI service contract officially landed and is expected to be officially delivered in the fourth quarter

The Zhitong Finance App learned that Hard Egg Innovation (00400.HK) rose nearly 7% in early trading. As of press release, it had risen 5.21% to HK$4.04, with a turnover of HK$8.1121 million.

According to the news, on July 16, Hard Egg Innovation announced its strategic entry into the vertical AI Token factory circuit, and revealed that the total number of intended service orders signed exceeded 1 billion US dollars. On August 24, the intended order was officially converted into a legally binding service contract. According to the contractual arrangement, the relevant services are expected to be officially delivered in the fourth quarter of 2026, and the next five years will bring the company a total of more than 1 billion US dollars in service fee revenue.

The board of directors of the company believes that the formal implementation of the service order further verifies the commercial viability of the Token factory business model and the Group's strategic transformation from an AI chip hardware supplier to a vertical token factory operator, and helps promote Token operation services as a new growth engine for the Group. Judging from the customer structure, Hard Egg Innovation has been successfully introduced into first-tier Internet cloud service providers and leading companies in the robotics vertical market. The customer matrix has both scale and growth potential.