Changes in Hong Kong stocks | Yihe Holdings (01662) rose more than 5% in early trading and established strategic cooperation with HGC Huandian to develop AI infrastructure and services

The Zhitong Finance App learned that Yihe Holdings (01662) rose more than 5% in early trading. As of press release, it had risen 4.93% to HK$2.34, with a turnover of HK$20.785,600.

According to the news, Yihe Holdings announced that the subsidiary Trio AI has entered into a cooperation arrangement with Global Global Telecom (HGC), and the two parties have agreed to establish a strategic partnership where Trio AI will provide artificial intelligence accelerated server (AIAS) services with the aim of providing enterprise customers with efficient artificial intelligence-driven computing solutions. At the same time, the two sides will jointly develop and deliver artificial intelligence infrastructure and services, combining Trio AI's advanced computing hardware with HGC Ring Electric's extensive communication network and customer coverage capabilities.

Notably, Yihe Holdings announced at the beginning of this month that the subsidiary Trio AI has established a strategic partnership with ABBY Pay. The two sides will jointly develop AI-based payment processing solutions; integrate the Trio AI platform into ABBY Pay's payment infrastructure; test and validate AI-driven payment innovations through pilot projects; share knowledge, technical workshops and training courses; and jointly market and promote successful plans.