(Yicai Global) Oct. 17 -- Yunding Technology’s shares jumped by the daily trading limit after the unit of coal mining giant Shandong Energy Group announced a partnership with Huawei Technologies on smart mining technology.

Yunding’s stock price [SHE: 000409] rose 10 percent after the lunch break to close at CNY6.90 (USD0.96) today.

Under the deal signed earlier in the day, Yunding will be a Huawei authorized dealer and promote the implementation of related cooperation projects in a smart mine tech project between Huawei and its parent company, the Jinan-based firm said in a statement released at noon.

Yunding, which specializes in information technology services and industrial smart applications, did not elaborate on the other potential projects. But the firm did say it would step up cooperation on MineHarmony OS, the version of Huawei’s self-developed smart operation system for the mining industry, and communication terminals for mining, smart wearables, industrial scenario ICT solutions, and others.

The pair will also jointly develop ICT infrastructure and smart industrial park technologies for mining companies, Yunding noted, adding that they will also explore business models for new technologies and products and accelerate entry into each other’s ecosystems.

In the future, the two may jointly provide premium informatization services to other energy sector clients, Yunding added.

The tie-up with Shandong Energy and Yunding means Shenzhen-based Huawei has found another big client for its smart mine technology. Shandong Energy ranks third among Chinese coal miners with 340 million tons of annual production at home and abroad, per its official website.

Last week, Asia Potash International Investment Guangzhou, a major Chinese sylvite miner, also unveiled an agreement with Huawei that includes introducing the latter’s smart digital technologies into its mine development projects in Laos.

Huawei launched various smart IT service projects for industrial clients after US government sanctions hit its consumer business. And some listed miners, including Asia Potash International Investment Guangzhou and coal mine operator Shanxi Lanhua Sci-Tech Venture, have awarded contracts to Huawei for its smart mine techs.

Editor: Peter Thomas