HK Stock Market Move | HKBN(01310) rises more than 3% recently signed a distribution cooperation agreement with Shanghai Information2 Software Inc.

HKBN (01310) rose more than 3%, up 3.18% to HK$3.89 at the time of writing, with a trading volume of HK$21.3223 million. On the news front, on November 12th, Shanghai Information2 Software Inc. signed a cooperation agreement with HKBN. According to the agreement, HKBN will become the general distributor of Shanghai Information2 Software Inc. in Hong Kong and introduce Shanghai Information2 Software Inc.'s data replication technology to enhance its service capabilities and support network in the local market. Regarding this cooperation, Hu Junqing, Chairman and General Manager of Shanghai Information2 Software Inc., believes that this will further bring diversified and multi-level data protection and management solutions to various industries in Hong Kong, allowing both parties to work together to enhance customer operational resilience and business flexibility. Public information shows that Shanghai Information2 Software Inc. is a software company specializing in data replication, dedicated to the development and promotion of dynamic file byte-level replication, database semantic-level replication, volume-level block replication, and other information technology. In June of this year, Shanghai Information2 Software Inc. established a wholly-owned subsidiary in Hong Kong and formed a local operational team, successfully providing products and services to a well-known financial services institution in Hong Kong. The general distributor in this cooperation, HKBN, focuses on developing enterprise solutions and is a leading ICT service provider in system integration.