HK Stock Market Move | XTALPI (02228) is now up more than 3%. Institutions are optimistic about the company's potential to expand into the "AI for Science" field.
Crystal International Group (02228) rose by nearly 7% in the morning session, as of the time of writing, it has risen by 3.27%, reporting HKD 12.95, with a turnover of HKD 2.236 billion.
XTALPI (02228) rose nearly 7% in early trading, up 3.27% at the time of writing, at HKD 12.95, with a turnover of HKD 2.236 billion.
On the news front, Crystal Technology recently announced the signing of a strategic cooperation agreement with a subsidiary of Jinko Solar for AI + automation high-throughput stack layer CECEP Solar Energy battery research and development. The two parties will jointly establish a joint venture to build the world's first "AI decision-making-Siasun Robot&Automation execution-Data feedback" fully enclosed stack layer battery intelligent manufacturing line, developing high-efficiency, high-stability CECEP Solar Energy battery products for different application scenarios.
China Post Securities released a research report stating that Crystal Technology is at a critical stage of transition from "0 to 1" to "1 to N", and its business model has been validated, with performance entering a high-growth channel. In the short term, the continuous landing of large orders and revenue confirmation are the core drivers of the stock price; in the long term, the technological barriers of its "AI + Siasun Robot&Automation" platform and the potential for expansion into the "AI for Science" field are the core of its value.
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