HK Stock Market Move | KNOWLEDGE ATLAS (02513) rises more than 6% against the market trend, recently announced a partnership with Huawei to open-source a new generation image generating model.

KNOWLEDGE ATLAS (02513) rose more than 6% against the market, rising by 6.39% to HK$229.8 as of the time of writing, with a turnover of HK$335 million. On the news front, KNOWLEDGE ATLAS recently announced a collaboration with Huawei to release a new generation image generation model GLM-Image. The model is based on the Ascend Atlas 800T A2 device and Ascend MindSpore AI framework to complete the entire process from data to training, becoming the first SOTA multimodal model to complete full-range training on a domestic chip. According to reports, GLM-Image has achieved the joint generation of images and language models, and under API calling mode, it only costs 0.1 yuan to generate a picture. Soochow believes that as a pure large model player, the company benefits from cloud scale effects and Agent/programming scene dividends. They are optimistic about the advantages of KNOWLEDGE ATLAS AI in terms of domestic large model technology strength, open-source ecosystem layout, and the localization landing capability of government and enterprise. They also believe that the company is expected to benefit from the long-term trend of China's large model industry transitioning from local deployment to cloud services.