Changes in Hong Kong stocks | The Ningde Era (03750) rose nearly 4% and Century Internet are moving towards a comprehensive strategic partnership around collaborative innovation in computing and telecommunications

The Zhitong Finance App learned that the Ningde Era (03750) rose nearly 4%. As of press release, it had risen 3.74% to HK$652.5, with a turnover of HK$438 million.

According to news, recently, according to Century Internet's official WeChat account, Century Internet and Ningde Times officially signed a strategic cooperation agreement. Previously, in the Ningde era, relevant parties strategically invested in Century Connect, which laid a solid capital foundation for cooperation between the two sides. The signing of this strategic cooperation agreement is an important milestone in the cooperation between the two companies. It marks the formal transition between the two sides from a capital link to a comprehensive strategic partnership centered around collaborative innovation in computing and telecommunications.

The two sides have established a comprehensive strategic partnership to jointly seize historic opportunities for computational and telecommunication collaborative development, with deep integration of computing and electricity as the main line, jointly defining industry technical standards and innovative business models, and building a “gigawatt-scale computing factory+distributed computing network+zero-carbon token ecosystem” three-tier electricity computing system with green DC and direct green power connections as the core base to build a collaborative network covering the whole country and the world.