The A-share Huawei computing concept surged in the afternoon, with QingCloud rising over 15%, followed by Brilliance Tech, Capitalonline, BONCloud, UCloud, and Parallel Technology

UCloud: Net loss of RMB 3.7769 million in the third quarter

UCloud announced that its revenue for the third quarter was 436 million yuan, a year-on-year increase of 19.78%; the net profit loss was 3.7769 million yuan. Revenue for the first three quarters was 1.227 billion yuan, a year-on-year increase of 12.17%; the net profit loss was 83.4252 million yuan

UCloud has reached a strategic cooperation with Guotai Junan

According to UCloud, recently, UCloud and Guotai Junan Securities officially signed a strategic cooperation agreement. The two parties will carry out comprehensive and in-depth cooperation with core directions including building a digital foundation, integrating data intelligence, strengthening global business support, expanding multi-level capital services, and developing a talent ecosystem, to jointly promote the innovative integration of cloud computing and financial services

Understanding the Market | Yidu International rises over 8% as Muxi Co., Ltd. is about to be reviewed; Yidu's subsidiary, Suanfeng Information, has a close relationship with Muxi

Yidu International rose over 8% again, as of the time of writing, up 5.01%, reported at HKD 5.03, with a transaction volume of HKD 7.5896 million. In terms of news, Muxi Co., Ltd. will hold a meeting on October 24 (this Friday). As one of the "Four Little Dragons of Domestic GPUs," Muxi Co., Ltd. is one of the leading manufacturers of high-performance general-purpose GPUs in China. The prospectus shows that the funds raised by Muxi Co., Ltd. will be used for three aspects: research and development and industrialization of new high-performance general-purpose GPUs, research and development and industrialization of the next generation of artificial intelligence inference GPUs, and research and development of high-performance GPU technology aimed at cutting-edge fields and emerging application scenarios. Public information shows that Hong Kong Suanfeng Information Co., Ltd. is a wholly-owned subsidiary of the Hong Kong-listed company Yidu International, which has invested in companies such as Muxi and Yunhe Zhihui. In addition, Suanfeng Information is the general agent for Muxi in Hong Kong; it cooperatively launched the Xiyun C550 Shanghai Cube 128 card cabinet; based on Muxi chips, it operates the "Harvest No. 1/2/3" computing power clusters in Shanghai and Hong Kong, with a cumulative operating scale of over 3,000 cards. Among them, the Harvest No. 1 thousand-card cluster is located in the UCloud Qingpu Data Center

The A-share brain engineering concept continues to strengthen, with Innovative Medical hitting the limit up, and DNAKE, BeiYikang, UCloud, APON, ZKTECO, Stonehill Technology, and others following suit