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Hao Tian International Construction Investment Group Eyes AI JV With Jiangsu Lettall Electronic
Hong Kong stocks movement | HAO TIAN INTL (01341) surged in the afternoon before dropping over 9%, possibly related to Jiangsu Lettall Electronic's strategic cooperation in the AI computing power Business.
HAO TIAN INTL (01341) surged over 11% in the afternoon, then the stock price quickly plummeted, turning to a drop of over 9%. As of the time of writing, it is down 5.32%, reported at 0.89 HKD, with a trading volume of 0.148 billion HKD.
HAO TIAN INTL (01341.HK) and Jiangsu Lettall Electronic have signed a Global Strategy framework agreement to expand AI computing power resources and 5G Big Data related Business.
On February 7, Gelonghui reported that HAO TIAN INTL (01341.HK) announced that on February 7, 2025, the company signed a non-legally binding strategic cooperation framework agreement with Jiangsu Lettall Electronic Co., Ltd. ("Lettall Electronic") regarding possible strategic cooperation in the field of AI computing power. Both parties intend to establish a joint venture, with business activities including but not limited to the development of AI computing power resources and 5G Big Data related businesses in Southeast Asia, which includes but is not limited to computing power services, related technical consulting, business planning, Logistics, trade, and more. This also includes activities in Malaysia and/or Singapore.
ASIA ENERGY LOG (00351) subsidiary sold a total of 13.616 million shares of Haotian (01341).
ASIA ENERGY LOG (00351) announced that from September 27, 2024, to December 31, 2024...
HAO TIAN INTL: Interim Report 2024/25
hao tian intl (01341.HK): Jiang Yang appointed as a non-executive director.
December 3, Gelonghui hao tian intl (01341.HK) announced that Jiang Yang has been appointed as a non-executive director of the company, effective from December 3, 2024.