HK Stock Market Move | YIDU TECH (02158) rose by over 7% in early trading, and won the bid for the Tianjin Health Medical Big Data Platform project.
13/11/2024
GMT Eight
YIDU TECH (02158) rose by over 7% in the morning session, up 3.26% as of the time of publication, reaching HK$5.39 with a trading volume of HK$59.0875 million.
On the news front, on November 12th, YIDU TECH released a self-disclosure announcement, revealing recent large-scale bid-winning information. The announcement showed that YIDU TECH's affiliated company Yidu Cloud (Beijing) Technology Co., Ltd. won the bid for the Tianjin Binhai New Area Economic Development Zone Health Medical Big Data Platform project, with a total amount of approximately RMB 21.76 million.
In addition, on October 15th, the "Beijing Inclusive Health Insurance" for the year 2025 officially opened for enrollment. It is reported that this year marks the fourth consecutive year that YIDU TECH has provided main operational services for "Beijing Inclusive Health Insurance." As the main operating platform, YIDU TECH's subsidiary Yidu Cloud, leveraging data intelligence and expertise in healthcare, provides technology-driven full-process operational services for "Beijing Inclusive Health Insurance," effectively supporting the construction of a multi-level medical security system in Beijing and setting a model for inclusive commercial supplementary health insurance.