AInnovation Signs Strategic Cooperation Pact with SJTU Hainan Institute on Intelligent Marine Technology

Qingdao AInnovation Technology Group Co. Ltd Class H ( (HK:2121) ) has issued an announcement.

AInnovation Technology Group Co., Ltd has entered into a strategic cooperation agreement with the Shanghai Jiao Tong University Hainan Research Institute to deepen collaboration in intelligent marine technology and equipment, combining the university’s deep-sea, marine equipment and testing expertise with AInnovation’s AI-empowered robotics capabilities. The partners will jointly develop technologies such as underwater intelligent operation equipment, multi-axis robotic arms, underwater target recognition and tracking, integrated air-sea-subsea unmanned systems and marine environmental perception, and plan to establish a joint laboratory, pursue talent cultivation, commercialisation of research outcomes and resource sharing, strengthening industry-academia-research integration and potentially accelerating the industrialisation of advanced marine and AI technologies for stakeholders in this sector.

The most recent analyst rating on (HK:2121) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Qingdao AInnovation Technology Group Co. Ltd Class H stock, see the HK:2121 Stock Forecast page.

More about Qingdao AInnovation Technology Group Co. Ltd Class H

AInnovation Technology Group Co., Ltd is a China-based artificial intelligence and robotics company that develops and commercialises AI-empowered robotic solutions, including special-purpose underwater robots, leveraging mature market channels, practical application scenarios and advanced industrial large-model technologies to serve specialised industrial and marine technology markets.

Average Trading Volume: 1,199,451

Technical Sentiment Signal: Hold

Current Market Cap: HK$3.44B

For an in-depth examination of 2121 stock, go to TipRanks’ Overview page.