Changes in Hong Kong stocks | Zhonglian Development Holdings (00264) rose nearly 8%, and the company accelerated the promotion of prefabricated AIDC overseas and integrated service layout

The Zhitong Finance App learned that Zhonglian Development Holdings (00264) rose by nearly 8%. As of press release, it had risen 5.75% to HK$2.39, with a turnover of HK$4.936 million.

According to the news, on August 3, Zhonglian Development Holdings announced that its subsidiary will act as a service provider and customer Brightray Veridian PTE. LTD signed a second prefabricated artificial intelligence data center (AIDC) module procurement contract with a contract amount of approximately US$68 million. Previously, on July 26, the subsidiary had signed the first procurement contract with the customer, amounting to approximately US$24.98 million. The cumulative amount of the two contracts was 93 million US dollars.

Notably, Zhonglian Development Holdings announced in June that its subsidiary was granted priority supply rights for prefabricated artificial intelligence data center (AIDC) modules by Shanghai Deheng Data Technology Co., Ltd. The agreement is valid for three years, and the strategic partners promise to give their purchase orders the highest production and capacity allocation priority. The Group will use products to develop AIDC business in Southeast Asia through joint ventures.