(Yicai Global) Oct. 28 -- Shares of Edan Instruments jumped after the Chinese ultrasonic imaging device maker said that it will use artificial intelligence developed by a unit of Tencent Holdings in its cardiac monitoring machines.

Edan's stock price [SHE:300206] surged as much as 7.2 percent this morning after which it was 3.8 percent up at CNY21.89 (USD3.30) in the afternoon.

The diagnostics firm has penned a cooperation agreement with Shenzhen's Tencent Computer System to use Tencent Medical Knowledge Bank, better known as Tencent Yidian, in Edan’s ECG monitoring equipment for more accurate analysis, the Shenzhen-based medical device maker said in a statement yesterday evening. It didn't disclose the deal's financial details.

The pair will also jointly develop medical AI technologies to provide patients with online and offline services. Tencent will help the partner manage client information.

Tencent has been making some breakthroughs in its medical diagnostics work as its imaging technology Tencent Miying has been used to detect Covid-19 infections in patients' lungs during the epidemic in China early this year.

Editor: Emmi Laine