Changes in Hong Kong stocks | Guoxia Technology (02655) rose more than 13% in early trading. The company reached a strategic cooperation with Siemens involving AI computing power centers and other fields

The Zhitong Finance App learned that Guoxia Technology (02655) rose more than 13% in early trading. As of press release, it rose 8.50% to HK$17.1, with a turnover of HK$609.691 million.

According to the news, Guoxia Technology announced that it has signed a strategic cooperation agreement with Siemens (China) Co., Ltd., which is valid for 3 years. The two sides will jointly establish a cooperative relationship in the fields of intelligent electricity, digitalization and low carbon reduction, provide complementary products or systems, and build intelligent infrastructure and digital low-carbon systems.

According to the agreement, Guoxia Technology will be the supplier of system products, while Siemens will act as the supplier. The two sides agreed to conduct regular technical communication and product docking, jointly carry out marketing activities, and explore joint research and development of AI computing power centers. In addition, Guoxia Technology will focus on “zero carbon parks” and “zero carbon enterprises”, and will prioritize Siemens' related products and solutions as a system solution service provider in the field of low carbon energy saving.