Haizhi Tech Group (02706) has surged more than 17% against the market downturn, bringing its cumulative gains since July 31st to over 170%. At the time of writing, the stock was up 16.57% to HK$59.1, with a turnover of HK$277 million.

The rally comes after the General Office of the Ministry of Industry and Information Technology issued a notice on launching a special initiative to cultivate AI application service providers. The notice proposes exploring models such as first-purchase incentives and risk compensation to boost procurement of large language models, intelligent agents, and Token services, thereby improving the efficiency and quality of AI adoption across industries.

The initiative sets clear targets: by the end of 2026, the number of service providers in the national resource pool should exceed 2,000, forming a multi-tiered framework with a reasonable structure, clear division of labor, and collaborative innovation. By the end of 2027, that figure should reach no fewer than 3,000, supporting the establishment of an AI application service ecosystem characterized by full-factor synergy, end-to-end integration, and comprehensive scenario coverage.

Notably, Haizhi Tech Group's interim results show that its Atlas intelligent agent business achieved leapfrog growth, with first-half revenue reaching RMB 115 million, up 135.6% year-on-year, and its revenue contribution rising to 38.8%. This marks the company's strategic transformation from a knowledge graph solution provider to an industrial-grade AI infrastructure service provider for complex enterprise scenarios.

In a research note, Guosheng Securities commented that Haizhi Tech Group is better positioned to handle industrial AI scenarios requiring high reliability, strong logic, and heavy delivery, and is likely to become a key player in sovereign AI and enterprise intelligent agent implementations.