(Hong Kong — November 26, 2024) HKBN Enterprise Solutions (HKBNES), in its ongoing commitment to enrich the local technology landscape, has teamed up with Suanova Technology to become its first distributor of computing power services in Hong Kong. This partnership will introduce a more diversified array of cloud services and provide access to artificial intelligence (AI) computing resources powered by METAX’s GPU (Graphics Processing Unit) stacks, empowering enterprise clients to transform and fully maximize their digital capabilities.

Amid its burgeoning emergence, AI computing has evolved into an essential competitive asset that every enterprise must harness. According to market research firm IDC¹, AI has officially become a central component of global corporate strategies. Estimates suggest that by 2028, global spending on AI technology will reach $749 billion (approximately HKD 5.83 trillion), a significant increase from the expected $227 billion (approximately HKD 1.76 trillion) in 2025.

As AI computing rapidly advances, the demand for related resources is on the rise. A leading provider of compute services, tech development and industrial investment, Suanova Technology operates the "Fengshou No. 1" Intelligent Computing Center in Shanghai and the "Fengshou No. 2" Intelligent Computing Center in Hong Kong, both capable of delivering up to 1,000 PetaFLOPs of computing power. By utilizing its cutting-edge Fengshou series powered by METAX GPUs, Suanova equips enterprise clients with autonomous computing resource scheduling platforms to address a diverse range of application scenarios, including fulfilling the computational requirements for training large language models (LLM).

Dr Denis Yip, HKBN President and Group Chief Operating Officer, said: “As a pioneering force and Hong Kong’s first telco to launch 25Gbps broadband service, HKBN has consistently pushed the boundaries to supercharge digital transformation and innovation for enterprises. Our collaboration with Suanova Technology brings powerful AI computing resources to Hong Kong, providing enterprises with breakthrough compute speed and flexibility. This not only meets the local market's pressing need for high-performance computing power but it also opens new avenues for innovative applications across industries, ushering in a new era of opportunities.”

Gu Meng, President of Suanova Technology, said: “Our goal is to deliver professional, autonomous, and innovative services for enterprises in mainland China, the Greater Bay Area, and Hong Kong, fostering growth and facilitating smart transformations for a shared future. Our collaboration with HKBN Enterprise Solutions will significantly shorten the distance for enterprises to access AI computing resources, making cutting-edge technology services readily available. We expect this partnership to set a new standard across the industry, driving many more enterprises to expedite their digitalization journeys, and unlock limitless possibilities.”

Photo caption: (From the left) Dr Denis Yip, President and COO of HKBN Group, Samuel Hui, HKBN Co-Owner and Chief Operating Officer, Enterprise Solutions, Gu Meng, CEO of Suanova Technology and Douglas Fang, Chairman of Yeebo (International Holdings) Limited.

Photo caption: Speech at the event:
Dr Denis Yip, President and COO of HKBN Group

Photo caption: Speech at the event:
Gu Meng, CEO of Suanova Technology

^{1IDC Unveils 2025 FutureScapes: Worldwide IT Industry Predictions. Retrieved from https://www.idc.com/getdoc.jsp?containerId=prUS52691924}