HK Stock Market Move | DEEP SOURCE (00990) rose over 8% in the afternoon. The company is prospectively laying out its layout in the computing power field. The future strategic transition is expected to be gradually realized.

DEEP SOURCE (00990) rose more than 8% in the afternoon, as of the time of publication, it had risen by 8.47% to HK$0.64, with a turnover of HK$69.422 million. In terms of news, recently, DEEP SOURCE announced that its wholly-owned subsidiary Jingdian (Shanghai) International Trade (buyer) had entered into a lithium spodumene ore purchase agreement with Anhui Dazhong New Energy Investment (seller) to purchase lithium spodumene ore in China, with a pre-set purchase quantity of 150,000 tons and a total consideration of RMB 345 million (settled amount subject to the actual trading confirmation quantity). The announcement stated that the related purchase arrangements would help enhance the group's participation in the lithium value chain sector and provide a foundation for the group's future business expansion related to resources, energy, and AI infrastructure applications. In the article "Embarking on a New "Lithium" Journey, DEEP SOURCE (00990) Reveals its "Algorithmic Layout"", it is pointed out that the market expects that DEEP SOURCE, relying on Green Esteel, has the ability to seamlessly transform the energy and infrastructure "hard strength" accumulated in the traditional steel industry chain into the "base" of the AI computing power era. In the future, as the company gradually realizes its strategic transformation from "resources-energy-computing power-AI ecosystem", its valuation logic is expected to shift from a single trading platform to a revaluation as a high barrier computing power infrastructure service provider, and the companys subsequent layout is worth looking forward to.