Jinshan Cloud Rises Over 9%, Company and Xiaomi Sign Framework Agreement for 2025 Cooperation
Jinshan Cloud (03896) rose by 8.78% in the early session, currently trading at HK$8.05, with a turnover of HK$9.70 billion.
Jinshan Cloud (03896) rose by 8.78% in the early session, currently trading at HK$8.05, with a turnover of HK$9.70 billion.
Jinshan Cloud issued an announcement that on July 29, 2025 (after market hours), the company signed a framework agreement for 2025 cooperation with Xiaomi. According to this agreement, (1) the company agreed to purchase and Xiaomi agreed to provide IDC-related services, with an initial term of three years from July 29, 2025; and (2) the company agreed to purchase and Xiaomi agreed to sell network hardware equipment, with an initial term of one year from July 29, 2025.