HK Stock Market Move | XTALPI-P(02228) rises by more than 12% again, with a cumulative increase of over 85% within the month. The company has reached a strategic cooperation agreement with Microsoft China.

XTALPI-P (02228) rose over 12% again, rising 10.2% to HK$6.05 as of the time of writing, with a turnover of HK$372 million. On the news front, Crystal Technology and Microsoft China announced the signing of a strategic cooperation memorandum, aiming to utilize AI, large models, Siasun Robot&Automation laboratory, and other cutting-edge technologies for cooperation, and actively explore the innovative applications of these technologies in the fields of biomedicine and materials science, opening a new chapter in research, education, and innovative applications. Microsoft and Crystal Technology, based on their respective comprehensive strengths and technological capabilities, not only will promote the development of the pharmaceutical and material fields, but also are expected to expand Crystal's influence in the materials and education fields. It is worth noting that in August of this year, Crystal Technology signed a 5-year cooperation agreement with Xinjiang Tianfu Group, expecting to receive approximately US$135 million (about RMB 1 billion) in R&D fees in stages, jointly developing a series of differentiated new materials with industry competitiveness and industrial application potential, and building a large model-driven AI + automation intelligent manufacturing system for Xinjiang Tianfu.