July 31 news,$HAIZHI TECH GP (02706.HK)$surged more than 21%, closing at HK$26, with a trading volume of HK$15.4104 million.
On the news front, HaiZhi StarGraph’s academician and expert workstation, under HaiZhi Technology, recently received approval from the Beijing Association for Science and Technology for a strategic upgrade. The workstation will now fully focus its R&D efforts on the cutting-edge integration of knowledge graphs and large models. Led by Academician Zheng Weimin of the Chinese Academy of Engineering and Chief Scientist of HaiZhi Technology, the workstation has been dedicated since its establishment in 2021 to advancing domestic high-performance graph computing. This upgrade marks a critical breakthrough for domestically developed foundational software in enabling trustworthy AI deployment and optimizing computing efficiency.
According to Huachuang Securities, given HaiZhi Technology Group’s deep technical expertise in graph databases, knowledge graphs, and industrial-grade AI agents—and its focus on delivering industrial AI agent and enterprise-level large model application solutions for sectors such as finance, energy, and government through its graph-model fusion technology—the company is valued at RMB 25 billion (approximately HK$28.76 billion), implying a target price of HK$71.8 per share. This is the firm’s initial coverage, and it assigns a “Strong Recommendation” rating.
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