HK Stock Market Move | XtalPi (02228) rose over 5% intraday; the first industrial-grade AI model with Fangda Carbon New Material has been officially delivered.

date
10:29 30/09/2026
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GMT Eight
XtalPi (02228) rose over 5% intraday. As of press time, it was up 4.12% at HK$8.215, with a turnover of HK$255 million.
XtalPi (02228) rose over 5% intraday, up 4.12% as of press time at HK$8.215, with a turnover of HK$255 million. On the news front, according to XtalPi's official WeChat account, the company recently announced that its graphite electrode intelligent raw material selection model, jointly developed with global graphite electrode leader Fangda Carbon New Material (600516.SH), has completed comprehensive testing and project acceptance. The model has now entered Fangda Carbon New Material's raw material selection process and has been running smoothly on real industrial production lines, providing candidate solutions for the R&D team before feeding verification, with multiple indicators including cost optimization and efficiency improvement all meeting expectations. This is the first milestone delivery since the two parties launched the joint R&D project for the graphite electrode intelligent formula optimization system in March 2026, and also the first core module of the system to complete acceptance. It marks that XtalPi's AI for Science underlying platform has successfully penetrated complex heavy industry manufacturing processes, directly transforming AI algorithms into procurement strategies and material selection lists on the shop floor, effectively converting cutting-edge computing power into profit margins and productivity for physical manufacturing.