HK Stock Market Move | INSPUR DIGI ENT(00596) rose more than 9% in early trading, the company continues to drive the process of domestic substitution of ERP and other management software.

INSPIUR DIGI ENT (00596) rose over 9% in the morning session, rising by 7.5% to HK$4.3 as of press time, with a turnover of HK$13.1809 million. Public information shows that the actual controller of INSPUR DIGI ENT is the Shandong Provincial State-owned Assets Supervision and Administration Commission, and the parent company is Inspur Group. Haitong previously pointed out that the company has strong competitiveness in the central SOE and large enterprise markets, and with the rapid development of new technologies such as cloud computing and AI, the company continues to invest in research and development innovation, comprehensively upgrade the Haiyue software product system, and help enterprises digitize and intelligentize transformation, continuously promote the process of domestic substitution of ERP and other management software. Guotai Junan pointed out that in the first half of 2024, INSPUR DIGI ENT continues to increase its investment in cloud services with intelligent ERP and PaaS platform products as the core, breaking through 9 new technologies, releasing 6 new products. Among them, the Inspur Haiyue GSCloud breaks through the original intelligent search and fusion attention mechanism of BiGRU voice recognition control technology, expanding more than 10 intelligent scenes. The newly released Inspur Haiyue PaaS platform iGIX7.0 and Haiyue Big Model 2.0, based on the Haiyue PaaS platform and the Haiyue Big Model as the intelligent center, comprehensively enhance product automation capability, creating an AI-driven one-stop digital innovation foundation for enterprises.