Transwarp Climbs Over 5% Before Noon, Partners with Turkey's Worldmatics to Expand Middle East Enterprise AI Presence

Deep News
Sep 29

Transwarp (HKEX: 06727) shares climbed more than 5% before the noon session, rising 5.15% as of press time to HKD 35.12, with a turnover of HKD 20.43 million.

According to a WeChat official account post by Transwarp, the company recently signed a strategic cooperation agreement with Worldmatics, a technology integration and solutions provider based in Turkey, in Istanbul. Transwarp currently maintains overseas branches in Singapore, Canada, and Malaysia. Following the Istanbul signing, Transwarp's technology and services will further extend into the Middle East market.

As a core service provider in the enterprise-level AI infrastructure software sector, Transwarp delivers full-stack foundational software and services covering the entire data lifecycle, including data integration, storage, governance, modeling, analysis, mining, and circulation, as well as the end-to-end process from data to knowledge and from models to applications. The company's products and solutions have been deployed across more than a dozen industries, including finance, the public sector, energy, healthcare, transportation, and manufacturing, serving over 1,800 clients.

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