HK Stock Market Move | Transwarp Technology (06727) rises over 5%, recently partnering with Turkey's Worldmatics to expand into Middle East enterprise-level AI.

Transwarp Technology (06727) rose over 5%, up 5.09% as of press time, at HK$35.1, with a turnover of HK$19.6774 million. On the news front, according to Transwarp Technology's official WeChat account, the company recently signed a strategic cooperation agreement with Worldmatics (Turkey), a Middle East technology integration and solutions provider, in Istanbul. Currently, Transwarp Technology has overseas branches in Singapore, Canada, and Malaysia. Following the signing in Istanbul, Transwarp Technology's technology and services will further extend into the Middle East market. As a core service provider in the enterprise-level AI infrastructure software sector, Transwarp Technology provides full-stack foundational software and services covering the entire data lifecycleincluding data integration, storage, governance, modeling, analysis, mining, and circulationas well as the end-to-end process from data to knowledge and from models to applications. The company's products and solutions have been implemented in over ten industries, including finance, the public sector, energy, healthcare, transportation, and manufacturing, serving more than 1,800 customers.