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Zhaogang.com Shares Soar Over 31% on Launch of AI Trade Platform with Tencent
Shares of Zhaogang.com-W (06676.HK), an online platform for steel trading, surged in early trading after the company announced the launch of a new artificial intelligence solution for the business-to-business (B2B) trade industry.
As of press time, the company's stock was up 31.25% to HK$0.945, with a trading volume of HK$432,800.
AI Product Launch Drives Stock
The rally was triggered by a company announcement on September 2 regarding the launch of its NextB2B product. According to the filing, the platform is the first B2B full-process AI Agent solution developed jointly with and based on Tencent's WorkBuddy team.
The NextB2B platform is designed to address core industry challenges such as sourcing goods, driving business growth, and managing operations. It includes four intelligent agent modules focused on procurement, sales, internal administration, and operations.
Strategic Rationale and New Revenue
AdZhaogang.com stated that the new product leverages its long-term investment in AI, which includes three related invention patents. The company noted that with an annual transaction volume exceeding RMB 150 billion, it accumulates over one million structured order data points and more than one hundred million unstructured chat data points each year.
This initiative allows Zhaogang.com to monetize its extensive industry data and business experience by offering them as a service to external enterprise clients. The company plans to explore new revenue streams through NextB2B, including:
- Basic software service fees
- Value-added feature subscriptions
- Token-based usage charges
Zhaogang.com also outlined plans to incorporate built-in Agent-to-Agent (A2A) transaction capabilities, which would enable enterprise AI agents to communicate and conduct transactions directly with each other in the future.
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