HK Stock Market Move | CHINA LESSO(02128) rose more than 5% and reached a strategic cooperation with Tianhuai Artificial Intelligence to enter the AI computing power field.

CHINA LESSO (02128) rose by over 5%, as of the time of writing, it has increased by 5.36%, reaching HKD 4.52, with a trading volume of HKD 18.84 million. On the news front, on June 16, CHINA LESSO Group's subsidiary, Liansu Calculation Facility Supply Co., Ltd., signed a strategic cooperation agreement with Zhejiang Tianhuai Smart Technology Co., Ltd. in Hong Kong. In this cooperation, the two parties will prioritize the use of CHINA LESSO's related products and solutions in the construction process of the AIDC project. In addition, they will jointly explore the overseas AIDC market. CHINA LESSO will utilize its overseas production base layout and international customer network, while Zhejiang Tianhuai Smart will leverage its technical service capabilities and industry resources to jointly promote the construction of calculation centers in countries along the "Belt and Road" and Southeast Asia. The company stated that through cooperation, both parties are committed to building a strategic cooperation model of "capital + industry" and "resources + technology" deep integration, jointly promoting the landing and operation of AIDC smart calculation center projects at home and abroad, realizing the entry and deep layout of CHINA LESSO products and businesses into the AI calculation field, and expanding the application areas of products.