HK Stock Market Move | EASY SMART GP (02442) surged over 45%, reaching a historical high, after introducing a smart computing service provider as a major shareholder.

EASY SMART GP (02442) has surged over 45%, reaching a historic high of HKD 139, with its stock price increasing more than sixfold this year. As of the time of writing, it is up 45.55%, trading at HKD 139, with a transaction volume of HKD 39.2808 million. On the news front, on August 18, EASY SMART GP announced that its controlling shareholder, Tianfu International Group, has completed the transfer of 102 million shares of Yijun to Guangte Yuanzhi, accounting for 25% of Yijun's total share capital. The consideration is not in cash, but rather in the form of approximately 45.88% equity in Guangte Yuanzhi's wholly-owned subsidiary. After the transaction, Tianfu International holds 39.57% of Yijun's equity, maintaining its controlling position, while Guangte Yuanzhi holds 25%, becoming the second-largest shareholder. Public information shows that Guangte Yuanzhi is an artificial intelligence company positioned as the intelligent computing intermediate layer between large models and heterogeneous chips: it develops proprietary heterogeneous computing pooled and inference acceleration technology downward; and offers capabilities upward in a MaaS (Model as a Service) modelpackaging mainstream large models into standardized APIs, enabling businesses and developers to utilize them without needing to build computing power or train models, allowing for immediate use out of the box.