Jingtai Technology-P shares surge more than 17% in the morning, recently establishing a comprehensive cooperation with Golden Group in the AI field

QuantumPharma-P (02228) surges more than 17% in the morning, up 17.28% to HK$5.7 at the time of writing, with a turnover of HK$33.0187mn.

On the news front, QuantumPharma-P announced that on October 30, 2024, it entered into a non-binding memorandum of understanding with PT Sinar Mas Multiartha, Tbk (SMMA, Golden Group) regarding the proposed establishment of a strategic partnership to collaborate in the field of artificial intelligence and automation in Southeast Asia (the proposed partnership). According to the memorandum of understanding (including), the proposed partnership will be carried out through the establishment of a joint venture.

The Company is an innovative research platform company driven by artificial intelligence (AI) and robotics technologies, which is promoting intelligent and digital innovation in the life sciences and materials science fields. The Group combines quantum physics, artificial intelligence, cloud computing, and large-scale robotics technologies to provide research and development solutions, services, and products for the global pharmaceutical, biotechnology, renewable energy, and advanced materials industries. The Group is a pioneer in applying artificial intelligence and robotics technologies to the research and development of life sciences and new materials, and has cooperated with more than 300 global enterprises and research institutions, with a wide record of successful history in the commercialization of artificial intelligence in science, leading the industry.