According to the Smart Finance APP, Chinasoft Int'l (00354) opened over 4% higher in the morning session, rising 4.63% as of the time of publication, at 5.65 Hong Kong dollars, with a turnover of 5.7065 million Hong Kong dollars.

On the news front, Chinasoft Int'l announced that the Hongmeng App for multiple financial clients the company is responsible for has completed internal testing and successfully launched on the Huawei App Market. This year, Chinasoft Int'l has successfully implemented Hongmeng App projects for several state-owned banks, joint-stock banks, and securities insurance companies, fully demonstrating its comprehensive participation capability in the development of the Hongmeng system and applications as a deep partner of Huawei, as well as its profound business accumulation in the financial industry.

Furthermore, the company recently signed multiple projects in the Hongmeng ecosystem, further promoting the comprehensive landing of Hongmeng native applications and elements services in various industries, helping multiple manufacturers in the smart home, smart energy, medical health, and other fields to access the Hongmeng Smart Link platform, accelerating the development of the Hongmeng native ecosystem. Founder Securities released a research report stating that Chinasoft Int'l recently completed a series of important project signings, working with partners to boost the development of the Hongmeng native ecosystem. In recent months, the company has been conducting share buybacks, fully demonstrating the management's confidence in the company's development and long-term value, and emphasizing the return to all shareholders.