Reported 12 months ago
Yung-Gu (2417) stock price surged on July 3 due to the edge AI opportunities and significant foreign buying. The stock opened at 48.9 yuan and hit the daily limit up to 52.3 yuan at close, with trading volume exceeding 10,000 shares. Yung-Gu is actively expanding into edge AI and aims to increase its AI solution share from 20% to 25%-30% this year. The company is focusing on esports live broadcasting products and AI solutions, with new live broadcasting solutions expected to launch by the end of July to boost second-half revenue.
Source: YAHOO