The Zhitong Finance App learned that Juju-Tech (01729) rose by 8.7% near the end of the session. Recently, the company decided to enter the server business and plans to launch products such as rack computing power servers, edge servers, smart network cards, and GPU cards. As of press release, Huiju Technology rose 8.00% to HK$162, with a turnover of HK$12 million.
Recently, Huiju Technology (01729) officially announced its entry into the server business and plans to launch products such as rack-mounted computing power servers, edge servers, AI intelligent servers, smart network cards, and GPU cards. The company emphasized that the new business has an upstream and downstream relationship with the existing wire and cable business, which will help to diversify the Group's business and the Group's revenue sources.
In April of this year, with the end of the full offer period, Lixun Precision (002475.SZ) became the controlling shareholder of Juju-Tech. Huiju Technology said it expects Lixun to bring synergies to the Group and further expand the Chinese market by increasing the market share of data center customer orders.
Earlier, the Zhitong Finance app published the article “Starting with Investors' Rejection of Offers, Exploring the Secret of Gathering Technology (01729) rising more than 136% during the year”, stating that as related projects continue to advance, Gathering Technology is expected to usher in accelerated growth, and now may only be the starting point for performance release.