Changes in Hong Kong stocks | Yihe Holdings (01662) rose more than 10% after resuming trading and plans to spend HK$15 million to subscribe for Trio AI shares to enhance AI application technology capabilities

Zhitongcaijing · 09/17/2025 05:49

The Zhitong Finance App learned that after resuming trading, Yihe Holdings (01662) rose more than 10%. As of press release, it had risen 8.89% to HK$2.94, with a turnover of HK$7.3882 million.

According to the news, Yihe Holdings announced that on September 16, 2025, Yihe Investment Holdings Limited (the subscriber), a wholly-owned subsidiary of the Company, entered into a subscription agreement with (including) Trio AI Limited (target company) to subscribe for 15 million shares of the target company, accounting for approximately 51.73% of the target company's expanded issued share capital at a cost of HK$15 million (subscription matters).

The target company is engaged in providing artificial intelligence (AI) infrastructure services, and specializes in providing high-performance GPU-accelerated cloud computing solutions in Hong Kong. As the directors know, the target company provides cutting-edge infrastructure and services for AI model development, training and deployment to meet the growing demand for advanced computing capabilities in various industries.

The subscription is a strategic investment in the target company and represents the Group's visionary initiative to meet the growing demand for high-performance computing (HPC) and AI-driven solutions in various industries (including construction and infrastructure development). By obtaining GPU-powered cloud services from target companies, the Group can improve its operational efficiency and technical capabilities. The Board believes that AI and HPC can be used to optimize project planning, structural simulation and risk assessment of the Group's foundation and civil engineering projects. The board of directors expects that processing large amounts of geotechnical and structural data through AI-driven analysis will enable smarter decisions, reduce costs, and improve the safety of tunnels and foundation projects.