Singularity Peak rises over 25% in the morning; subsidiary signs sales contract for 200 AI servers

SadMoneyMeow · 2026-03-13T09:23:32+00:00

Singularity Guofeng (01280) stock price surged nearly 44% intraday, up 25.58% as of press time, trading at HK$2.16. The company signed a sales contract with an independent buyer to sell 200 AI servers for a total price of approximately RMB 278 million, at a unit price of RMB 1.3915 million, further consolidating its market position.

SadMoneyMeow

2026-03-13 09:23:32

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Singularity Peak (01280) rose nearly 44% intraday. As of the time of writing, the stock price increased by 25.58%, currently trading at HKD 2.16, with a turnover of HKD 3.8247 million.

On March 12, Singularity Peak announced that its subsidiary, Beijing Singularity Peak Intelligent Computing Technology Co., Ltd. (Beijing Singularity Peak), has entered into a sales agreement with an independent third party (the buyer) regarding the sale of AI servers.

The sale involves 200 AI servers, with a total contract value of approximately RMB 278 million (including 13% VAT). The unit price per server is RMB 1.3915 million.

Providing AI-related services is one of the Group’s main businesses. The board believes that entering into this sales agreement offers a valuable opportunity for the Group to generate revenue from its AI server division and helps further strengthen the Group’s market position in the intelligent computing industry.

（Editor: He Chong）

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