雲工場科技榮獲2025年度上市公司卓越ESG價值榜「ESG卓越影響力企業」 ACN Newswire

雲工場科技榮獲2025年度上市公司卓越ESG價值榜「ESG卓越影響力企業」

香港, 2025年12月31日 - (亞太商訊 via SeaPRwire.com) - 2025年12月30日,由全球商報聯盟、香港商報、香港經濟導報聯合主辦的2025年度上市公司卓越ESG價值榜頒獎盛典在港舉行。來自香港特區政府、行業協會、上市公司、投資機構等上百位與會嘉賓出席。香港商報董事總經理戴傑、香港特區政府財經事務及庫務局副局長陳浩濂等多位領導參會並致辭。會上公佈了2025年度上市公司卓越ESG價值榜獲獎公司及企業家名單,並發佈港股ESG百強榜與香港商報·港股ESG100指數。雲工場科技控股有限公司(02512.HK)在一眾參選公司中脫穎而出,最終斬獲「ESG卓越影響力企業」獎項。榮膺「ESG卓越影響力企業」大獎,卓越ESG實踐構建長期競爭優勢2025年度上市公司卓越ESG價值榜系列活動將「以責任為錨,赴價值藍海」作為主題,聚焦企業在環境、社會與治理領域的卓越實踐,遴選把負責任的發展理念內化為戰略「壓艙石」和行動「定盤星」的傑出企業與人物,助力企業以卓越ESG實踐構建長期競爭優勢,穿越週期波動,駛向更廣闊、更可持續的價值新藍海。年度上市公司卓越ESG價值榜以「戰略治理力、環境友好度、社會責任感、價值共創性、創新引領力、可持續發展」六大維度為核心評判體系,在組委會和主辦機構推薦的基礎上,綜合入圍公司及專業諮詢機構提供的客觀指標和主觀指標兩大數據指標計分。結合嚴謹的數據分析、企業調研與科學的評價指標,全面評估企業在ESG戰略融合、綠色技術應用、減排目標落實、社會包容推動以及治理透明度等方面的綜合表現。經過報名初審、數據采集調研、專家顧問團評審和組委會定榜等環節,最終產生2025年度上市公司卓越ESG價值榜企業獲獎名單。雲工場科技(02512.HK)榮膺這一重量級獎項,不僅是對其將可持續發展理念深度融入企業基因的戰略認可,更是對其作為新型數字基礎設施服務商,引領行業綠色變革、踐行社會責任的卓越影響力的高度褒獎。作為港股市場「邊緣雲第一股」,自2013年成立以來,雲工場科技始終致力於為客戶提供高效、可靠的IDC解決方案服務,並取得了顯著成績。過去三年,即從2021年至2023年,雲工場科技的營收持續增長,分別達到了人民幣4.64億元、5.49億元和6.96億元,年複合增長率高達22.4%。2024年,公司實現營業總收入7.17億元,同比增長2.83%。目前,雲工場科技的IDC業務已覆蓋中國20個省份的40個城市,形成了廣泛的市場覆蓋和強大的品牌影響力。打造綠色數據中心,賦能數字世界的低碳未來綠色算力,是算力的綠色低碳追求,也是算力高質量發展的重要目標。數據中心作為數字基礎設施的核心,其能耗和碳排放問題日益凸顯。打造綠色數據中心,已成為推動數字經濟高 質量發展、實現「雙碳」目標的必然選擇。作為領先的定制化雲基礎設施與解決方案提供商,雲工場科技深刻認識到數據中心作為數字經濟「引擎」的能源消耗與環境影響。綠色數據中心不僅是節能減排的責任擔當,更是提升企業核心競爭力、實現可持續發展的戰略選擇。雲工場科技致力於將綠色理念貫穿數據中心規劃、建設、運營的全生命週期,打造高效、低碳、安全、可靠的綠色數據中心,為數字經濟發展注入綠色動能。2024年7月,無錫市高新區、海東工業園區、雲工場科技三方簽署共建綠色算力零碳產業園戰略合作協議。雲工場科技與無錫政府、海東工婁園區合作重點圍繞支持青海算力產業發展,助力人工智能同產業融合,全力構築起賦能千行百業的模型應用高地,在信息基礎設施建設、數字社會構建、數字政府建設、數字生態營造、數字科技創新等方面開展深度合作,共建千卡級算力集群項目,形成零碳產業集聚競爭新優勢,全力打造國內一流的綠色低碳循環高科技產業園區。積極投身社會公益事業,展現企業公民的責任與擔當多年來,雲工場科技積極開展公益慈善及社區共建工作,促進商業價值與社會價值共創共享。雲工場科技高度重視教育對社區發展的重要作用,設立無錫太湖人才獎金助力教育發展。該獎金主要用於獎勵江南大學物聯網工程學院和西安交通大學電子與信息學院的優秀學子,並重點面向計算機科學與技術專業的學生旨在激勵他們在技術領域持續深耕,推動行業的可持續發展與創新突破。2024年8月18日,雲工場科技「薪火相承,讓愛傳遞」助學行動走進貴州省畢節市納雍縣百興鎮劉家寨村,開展實地家訪和愛心助學活動。此次活動共對15名江蘇海洋大學的學生進行資助,助學資金將被用於幫助成績優異的學生順利完成大學學業。該活動體現其對社會公益事業的關注和支持,展現勇於擔當的良好企業形象。2025年11月26日下午,香港新界大埔區宏福苑發生火災,災情牽動人心。雲工場科技密切關注災情進展,通過大浦宏福苑援助基金(香港)啟動緊急響應,宣佈將捐贈200萬港幣,用於受災居民過渡安置、生活物資補給及災後社區恢復工作。雲工場科技將自身的發展,深深植根於對社會價值的貢獻之中,積極投身於公共事業與社會活動,展現作為企業公民的責任與擔當,力求傳達向上向善的正能量。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Iluvatar CoreX’s Hong Kong IPO: Hardcore Breakthrough Battle of China’s General-Purpose GPU ‘Leader’

HONG KONG, December 31, 2025 - (ACN Newswire via SeaPRwire.com) – As AI computing power becomes the core battleground in global technological competition, China's homegrown general-purpose GPU is poised for a pivotal leap in the capital markets. On December 30, Shanghai Iluvatar CoreX Semiconductor Co., Ltd. ("Iluvatar CoreX", stock code: 9903.HK), the domestic leader in the general-purpose GPU sector, commenced its Hong Kong IPO. The company intends to offer 25.43 million shares globally at an offer price of HK$144.6 per share, with each lot comprising 100 H shares. It is expected to list on the Hong Kong Stock Exchange on January 8.Amidst an industry climate characterised by capital enthusiasm and concept-driven momentum, Iluvatar CoreX has focused on refining its products and pursuing genuine commercialisation. Leveraging its deep technological expertise and robust commercial capabilities, it has quietly emerged as a leader in China's general-purpose GPU sector, setting multiple industry milestones: China's first company to achieve mass production of inference general-purpose GPU chips, and the first to mass-produce training general-purpose GPU chips, while also being the first Chinese enterprise to reach this milestone using advanced 7nm process technology.Four Generations of Architecture Iteration, Defining the "User-Friendly" Domestic General-Purpose GPUIluvatar CoreX's competitive advantage rests upon two cornerstones: "complete autonomy" and "deep iteration".Since commencing general-purpose GPU design in 2018, the company has steadfastly adhered to its R&D strategy of "one in mass production, one in design, and one in pre-research", dedicating substantial resources to tackling core technological challenges. As of June 30, 2025, Iluvatar CoreX has established an R&D team exceeding 480 professionals, with over one-third possessing more than ten years' experience in chip design and software development. This forms a robust foundation for continuous product iteration and enhancement.In its technical approach, Iluvatar CoreX has eschewed "partial substitution" or "assembly-style" solutions. Instead, centering on the core capabilities of general-purpose GPU and the fundamental philosophy of hardware-software co-design, it has achieved full-stack in-house development, from underlying instruction sets and chip architectures to foundational software stacks. This has fostered a highly synergistic technological ecosystem, endowing it with the flexible adaptation capability of "software-defined hardware". This ensures its products deliver performance optimisation while maintaining flexibility and compatibility required for complex AI deployments.Through continuous technological advancement, Iluvatar CoreX has completed three generations of general-purpose GPU architecture iterations, persistently driving hardware design and software performance optimisation. This positions it as China's enterprise with the most frequent and profound iterations in the general-purpose GPU sector. Such deep iteration not only delivers sustained performance gains but also achieves high compatibility with global mainstream general-purpose GPU programming ecosystems and platforms. For customers, this means minimal code modification when migrating existing AI applications to Iluvatar CoreX’s platform, offering an almost "out-of-the-box" experience that substantially lowers migration barriers and risks. This relentless pursuit of ecosystem compatibility and customer experience forms the bedrock of its commercial success.Full-Scene Penetration: Capturing Market Share in Domestic SubstitutionLeveraging these architectural advantages, Iluvatar CoreX has progressively established a market perception of being "user-friendly, durable, and sustainable", securing a first-mover advantage in its commercialisation drive. Since launching the Tiange Gen 1 in March 2021, the company has successfully brought three generations of architecture into mass production. Its products and solutions have rapidly penetrated critical sectors, including financial services, healthcare, and transportation, achieving over 900 deployments and applications that demonstrate exceptional scenario adaptability.Concurrently, adhering to the industry philosophy of "cooperation over competition", Iluvatar CoreX collaborates with peers, universities, and research institutions to jointly build a domestic computing power ecosystem. This approach avoids homogenisation and internal friction while collectively advancing market acceptance of domestic general-purpose GPU, accelerating industry penetration of its products.Data indicates that Iluvatar CoreX's general-purpose GPU products shipment volume has grown steadily from 7,800 units in 2022 to 16,800 units in 2024, reaching 15,700 units in the first half of 2025. This sustained increase in market penetration fully validates the market recognition and competitiveness of its products. As of June 30, 2025, the company has delivered over 52,000 units of general-purpose GPU products to more than 290 clients across diverse industries, securing a leading position within the domestic sector in terms of both industry coverage and application breadth.According to Frost & Sullivan, China's general-purpose GPU market is experiencing explosive growth, with shipments achieving a compound annual growth rate (CAGR) of 72.8% from 2022 to 2024, reaching 1.6 million units in 2024. As the domestic substitution process accelerates, the market share of domestic general-purpose GPU products has risen from 8.3% in 2022 to 17.4% in 2024, and is projected to exceed 50% by 2029. As a rare target in the domestic general-purpose GPU sector, Iluvatar CoreX benefits from the national strategy of self-reliant computing power substitution, coupled with the industry dividend from the global surge in computing demand, presenting a clear growth trajectory.The decision to launch its IPO in Hong Kong is a strategic move by Iluvatar CoreX to connect with global capital and advance into the international market, further underscoring its long-term vision as the "first domestic player" in the general-purpose GPU arena. Compared to the A-share market, the Hong Kong stock exchange, as an international capital market, not only offers a more accommodating valuation environment for semiconductor companies with substantial R&D expenditure and extended growth cycles but also facilitates access to global industrial chain resources, laying the groundwork for future international expansion.The company's products have already established a differentiated competitive advantage in the domestic market. In the future, leveraging the international platform of the Hong Kong stock market, it is well-positioned to introduce its self-developed general-purpose GPU products to the global market and capture a greater share in the ongoing restructuring of the worldwide computing power landscape. For investors, this IPO presents a rare opportunity to position themselves within China's high-end computing power sector. With capital empowerment and technological iteration, Iluvatar CoreX will continue to write a new chapter in the development of China's general-purpose GPU industry. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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天數智芯今起正式招股 以硬實力築牢國產AI算力標桿 ACN Newswire

天數智芯今起正式招股 以硬實力築牢國產AI算力標桿

香港, 2025年12月31日 - (亞太商訊 via SeaPRwire.com) - 在人工智能、大模型及高性能計算需求不斷攀升的背景下,算力基礎設施的重要性不斷提升。作為 AI算力核心載體,GPU市場正處於快速擴張週期,尤其在國產替代與技術自主可控趨勢推動下,國產通用GPU企業迎來了前所未有的關鍵發展窗口期。12月30日,國內通用GPU領軍企業天數智芯(9903.HK)正式啟動招股,公司預計將於1月8日正式登陸港股市場,成為該領域首家邁向公開市場的標桿企業,也標志著天數智芯即將踏上發展新階梯,為資本市場注入國產AI算力成長的新故事。多項「首家」搶佔戰略高地 實力鑄就行業標桿在人工智能與數字經濟深度融合的時代,算力已成為驅動產業變革的核心引擎。作為國產通用GPU賽道的領軍者,天數智芯以自主研發的硬核技術為支點,用多項「行業第一」打破國外壟斷,撬動千行百葉的智能化升級,為中國算力基建注入了自主可控的創新動能。自2018年啟動通用GPU芯片設計以來,天數智芯便以「服務國家戰略」為使命,始終堅持自主研發通用GPU核心技術,用實打實的成績打造國產通用GPU標桿地位。作為國內首家開展通用GPU自主研發的企業,天數智芯在2021年就發佈首款產品「天垓 Gen1」,實現了我國通用GPU芯片「從0到1」的重大突破;隨後,2021年「天垓 Gen1」的量產、2022年智鎧Gen 1和Gen1X的發佈與量產,更使得天數智芯成為中國首家實現推理與訓練通用GPU芯片量產的企業,再度鞏固了行業領先優勢。多項「首家」的背後,是天數智芯長期對技術投入的堅持。截至2025年6月30日,公司的專業研發團隊由超過480名員工組成,多名核心成員來自AMD、英偉達等國際巨頭,平均擁有超20年行業經驗。2022年至2024年,天數智芯研發開支分別為人民幣456.6百萬元、人民幣615.9百萬元、人民幣772.8百萬元,持續支撐產品性能提升與技術突破,強化技術壁壘。不僅如此,天數智芯在生態構建上同樣走在行業前列。早在2019年,公司便啟動了DeepSpark開源社區建設,匯聚400+算法模型,覆蓋主流AI框架,通過標準化接口降低行業適配成本。「硬件+軟件+生態」的全棧佈局,使天數智芯在國內GPU發展進程中佔領絕對先機。截至2025年,公司產品已在多個關鍵行業應用,服務超450個AI模型,真正實現了技術落地與商業價值的結合。出貨量持續翻倍增長 市場落地驗證前沿技術能力得益於差異化競爭優勢,天數智芯的客戶數量快速增長。招股書數據顯示,2022年至2024年,天數智芯客戶數量從22家躍升至181家,實現「三級跳」。截至2025年6月30日,公司已為來自雲計算服務供應商、AI模型開發商、研究機構及電子、半導體、製造及消費互聯網等多個領域的企業的超290名客戶提供服務,並在金融服務、醫療保健及運輸等重要行業促成逾900項部署及應用,充分彰顯了產品的廣泛適用性與市場落地能力。與此同時,天數智芯的出貨量也同步攀升,通用GPU產品出貨量由2022年的7.8千片增至2024年的16.8千片,以及2025年6月30日止六個月的15.7千片,三年內翻倍增長。聚焦到財務表現上,天數智芯也同樣亮眼。數據顯示,2022年至2024年,公司營收分別達人民幣189.4百萬元、人民幣289.0百萬元、人民幣539.5百萬元,復合年增長率高達68.8%。同時,截至2025年6月30日止六個月,天數智芯收入同比增長64.2%達人民幣324.3百萬元,盈利路徑清晰,成長勢頭強勁。在全球AI算力產業競速突圍的賽道上,天數智芯的上市不僅是企業發展的重要里程碑,更為國產GPU產業提供了示範性樣本。未來,天數智芯將繼續以全棧自研技術為根基、開放生態為紐帶、場景落地為抓手,借助資本市場力量,持續加大研發投入,深化軟硬件協同與生態建設,推動中國通用GPU產業邁向更高水平的自主可控與高質量發展。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Radisson Reflects on a Successful 2025 and Provides 2026 Outlook ACN Newswire

Radisson Reflects on a Successful 2025 and Provides 2026 Outlook

Rouyn-Noranda, Quebec, Dec 30, 2025 - (ACN Newswire via SeaPRwire.com) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") achieved significant progress during 2025 in the exploration and development of its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The 2026 work program will build upon this success, with the largest ever drill program at O'Brien funded from the Company's largest ever treasury.2025 Milestones957 days of continuous site operations without a lost time incident;Completion of approximately 35,000 metres of drilling with deep step-out holes and directional wedges delineating significant high-grade gold mineralization over a broad area beneath the historic O'Brien gold mine and existing mineral resources (Figure 1);Of the 68 step-out holes and wedges completed, assayed and reported, 56 intersected new gold mineralization with grades and thicknesses consistent with the Project's Mineral Resource Estimate (Table 1), an impressive 82% success rate;A comprehensive metallurgical study demonstrating recoveries of between 86% and 96% based on flow sheet options developed in a milling assessment completed on the nearby Doyon mill under the auspices of a Memorandum of Understanding with IAMGOLD Inc1;A "snap-shot" Preliminary Economic Assessment ("PEA") demonstrating a high-value, low-cost project based on the current mineral resources and use of off-site facilities for processing and tailings management, maximising value and minimising environmental impact;Completion of C$37 million in equity financings to long-term investors. Radisson expects to end 2025 with a treasury (cash and cash equivalents) of approximately C$32 million (unaudited), fully funding of the Company's 2026 work programs.Matt Manson, President and CEO: "Starting in late 2024, we elected to pursue a more aggressive exploration strategy at O'Brien based on the thesis that a significantly larger mineral resource might exist at the Project should its mineralizing system, previously delineated only at shallower levels, continue to depth. Over the last twelve months we have seen consistent success with large step-out drill holes beneath both the existing mineral resources and the historic mine. At the start of this program we drilled OB-24-337, the first ever hole below the final stope of the old mine since mining ended in 1957. This returned 31.24 grams per tonne ("g/t") gold ("Au") over 8.0 metres (including 242.0 g/t Au over 1.0 metre) at 1,500 metres vertical depth. From this single pilot hole, operating continuously for more than 12 months, we have now completed 15 wedges and published results for 11, delineating a system of high-grade mineralization in multiple veins over a broad area. This achievement has delivered outstanding value to the Company and owes much to the skill of the Radisson exploration team and our drill contractor Akakodjici / RJLL, a joint venture between RJLL Drilling of Rouyn-Noranda, Québec and Longpoint First Nation. Overall, the 82% success rate of intersecting mineralization with grades and thicknesses consistent with the Project's mineral resources is a significant achievement for a step-out drill program designed to target open areas with no previous drilling. Currently, an additional 18 drill holes from the 2025 program are "in-progress" of logging, sample preparation or assaying, and awaiting publication."Matt Manson continued: "The PEA released in 2025 demonstrated the attributes of a high value project with a low capex and modest footprint based on the use of existing offsite facilities for processing, of which there are several in the Abitibi region. In 2026, we will continue to refine the Project's development path, with on-going engineering studies, environmental baseline work, community dialog, and engagement with potential processing partners; however, the 2025 PEA was only a "snap-shot" of a project that is continuing to grow. The focus of our work in 2026 and into 2027 will be the ongoing step-out drill program, which has now been expanded to 140,000 metres with eight rigs, fully funded from our strong treasury."Figure 1: Deep step-out drill holes completed and/or published by the Company since December 2024. Drill holes "in-progress" and awaiting final assay results and publication are shown as red traces.To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/10977/279191_c88cea96641e4b8a_001full.jpg2026 Work ProgramThe following 2026 work program has been approved by the Company's Board of Directors:72,500 metres of drilling focussed on new areas of potential gold mineralization. The objective of the program will be step-outs to increase the quantity of mineral resources rather than in-filling to upgrade the classification of an existing mineral resource. With a forecast of 35,000 metres of step-out drilling completed in 2025, a further 32,500 metres will be scheduled for 2027 to complete the 140,000-metre program. All-in drill costs are budgeted at C21 million, or approximately C$290 per metre depending on the average depth of drilling;Up to eight rigs will be deployed with pilot holes and directional wedges. Targets will include the extension of mineralization up to 2 kilometres vertical depth at O'Brien Mine East and beneath resource Trend #s 1 and 2 (see Figure 1). The apparent "gap" area between Trends 1 and 2, attributed primarily to lack of drill density versus lack of mineralization, will be tested, as well as the Thompson-Cadillac area west of the O'Brien mine, which will be drilled for the first time since 2021. Drilling is also planned in the gap area between O'Brien Mine West and East, and below Trends #3 and #4. Program objectives will be reassessed progressively based on results obtained;Progressive updates to the Project's Mineral Resource Estimate as the step-out drill program proceeds;Commencement of assaying by PhotonAssay method with 50-gram fire assay verification replacing Radisson's current two-stage fire assay/screen metallic procedure, designed to better capture whole-rock, coarse gold content and improve assay turnaround time;A program of mine plan optimization and design sensitivity analysis to be undertaken in conjunction with the ongoing drilling and development of the Project's geological and mineral resource models. This work will be conducted by Evomine and will include an assessment of the viability of incorporating existing O'Brien mine infrastructure, such as its 1,000-metre shaft, into a future mine development plan;Ongoing grassroots exploration on Radisson's New Alger property with prospecting and surface geochemistry, and an assessment of the prospectivity of gold mineralization in the Cadillac Sediments located north of the Larder Lake-Cadillac Break and the O'Brien Mine;A comprehensive environmental baseline study focussed on the Project site's biophysical attributes such as water, flora and fauna, to complement existing baseline data on air quality, vibration and noise;Ongoing engagement and dialog focussed on deepening the Company's relationships with communities located within the area of expected economic and social influence of the Project, including the township of Cadillac and the First Nations communities of Pikogan FN (Abitibiwinni) and Long Point FN (Anishinabeg).12-Month Record of Drill Results at the O'Brien Gold ProjectSince the end of 2024, Radisson has published results from 68 drill holes completed as part of the ongoing step-out drill program (Table 1). These are drill holes targeting new areas of mineralization, and as such are distinguished from "in-fill" type drill holes which seek to upgrade areas of known mineralization. Most of these step-out drill holes have intersected gold mineralization in O'Brien's characteristic quartz-sulphide-gold veins within alteration zones, and 56 have intercepts averaging greater than 3 g/t Au (expressed as core length, with minimum sample widths of typically 1.0 to 1.5 metres). Such intercepts are consistent in grade and thickness with the Project's current Mineral Resource Estimate, and Radisson considers them to have the potential to contribute meaningfully to future mineral resources. This is an 82% success rate, which reflects the scope of the O'Brien mineralizing system. At time of writing, an additional 18 drill holes from the 2025 program are "in-progress" of logging, sample preparation or assaying, and awaiting publication.Table 1: Drill Results Published for the O'Brien Gold Project since December 2024Date of PublicationTotal Number of Drill HolesDrill Holes with Intercepts >+3g/tSuccess Rate (%)28th October 2025151387%8th September, 2025151387%16th July 2025141179%2nd April 202533100%26th February 2025201575%16th December 202411100%Total685682% Grant of Equity IncentivesPursuant to the Company's annual short term incentive compensation plan, the Board of Directors has authorized the grant of an aggregate 246,875 Restricted Stock Units to certain officers of the Company vesting on the first anniversary of the date of grant, in accordance with the Company's Omnibus Equity Incentive Plan.QP DisclosureDisclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100%-owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low-cost and high-value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies; local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; planned and ongoing drilling; the significance of drill results; the ability to continue drilling; the impact of drilling on the definition of any resource; and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; and the ability to convert inferred mineral resources to indicated mineral resources.Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the year ended December 31, 2024, and the Company's Management's Discussion and Analysis dated November 26, 2025 for the three month period ended September 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.1 The Memorandum of Understanding is non-binding and non-exclusive and contains no specific terms around potential commercial arrangements between the parties. The O'Brien PEA has been completed independently by Radisson and establishes criteria for the development of O'Brien based on processing and tailings management at an off-site facility under a toll milling arrangement.Source: Radisson Mining Resources Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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吉因加啟動港股IPO:AI驅動全鏈條精準醫療 構築差異化技術壁壘

香港, 2025年12月30日 - (亞太商訊 via SeaPRwire.com) - 在全球科技革命與醫療健康需求加速升級的雙重驅動下,精準醫療正成為各國競相布局的戰略性創新高地。近日,中國領先的精準醫療企業 —— 吉因加科技(紹興)股份有限公司(下稱「吉因加」或「公司」)正式向港交所主板提交上市申請,擬赴港 IPO,標誌著公司邁向資本化發展新階段,也將進一步推動中國精準醫療產業高質量發展。深耕精準醫療領域多年,吉因加以 AI 與臨床價值洞見深度融合為核心,逐步構建清晰而穩固的差異化競爭優勢。作為中國少數將 AI 能力深度嵌入生物標誌物全價值鏈核心環節的企業,吉因加依托自主研發的多組學技術平台,已成功打造出業內唯一覆蓋從多組學生物標誌物及靶點發現、驗證、產品開發至商業化落地的完整鏈條。三大核心業務協同並進,構建全鏈條服務體系吉因加圍繞精準醫療核心需求,形成業務架構清晰的三大核心業務板塊 —— 精準診斷、藥物研發賦能及臨床科研與轉化,構建價值共創、協同增收的業務閉環。其中,精準診斷解決方案以新一代定序(NGS)技術及多組學分析的創新臨床應用為核心,聚焦腫瘤、感染性疾病、器官健康等關鍵疾病領域,為醫療機構提供端到端解決方案。根據灼識諮詢數據,公司推出的「吉因加吉智 ® 號」,是業內首個自動化診斷平台,也是中國首個集成了 AI、大數據和物聯網技術的智能分子診斷系統,實現從樣本進樣至報告生成全流程「無人值守」,已在國內多家頂尖醫院部署,顯著提升了檢測通量並縮短了交付時間(TAT),為中國分子診斷領域樹立了新的行業標桿。同時,該解決方案配套了覆蓋高價值臨床需求的全維度產品組合。例如,在腫瘤領域,吉因加推出了包括用於精準治療指導的伴隨診斷(CDx)檢測組合、用於復發風險評估的 MRD 監測工具,以及基於公司自主研發的 GM-seq 甲基化技術的 MCED 產品。根據灼識諮詢資料,公司的 MRD 檢測產品是中國首個進入國家藥監局創新醫療器械特別審查程序的同類產品,確立了公司在 MRD 商業化領域的顯著先發優勢。此外,其 MCED 檢測產品在性能方面已達到國際領先水平,具備廣闊的臨床應用前景與市場推廣潛力。於藥物研發賦能板塊,吉因加主要為全球製藥企業提供覆蓋藥物開發全生命週期的服務,包括生物標誌物與靶點的發現與驗證、患者入排檢測、CDx 聯合開發,以及基於計算機模擬的虛擬臨床試驗等,服務範圍覆蓋小分子藥物、單克隆抗體和細胞與基因治療等多元療法開發領域。依托自研大模型及高質量臨床資料庫,公司能夠高效識別與疾病進展、治療反應相關的分子靶點,顯著提升新藥研發效率。臨床科研與轉化板塊則構成吉因加技術創新的「孵化器」。透過 AI4S 科研服務平台,吉因加為科研機構與臨床研究中心提供從多組學數據獲取處理、AI 驅動分析建模,再到臨床轉化的全鏈條支持,重點聚焦腫瘤、心腦血管及神經系統等複雜疾病領域,加速科研成果向臨床應用轉化,助力核心技術迭代與新產品研發。三大核心業務協同發力,使吉因加構築起以 AI 多組學為核心的精準醫療生態系統,透過臨床診斷持續沉澱高質量數據資產,推動算法迭代提升診療能力;通過科研合作拓寬臨床認知邊界,形成持續演進的自學習系統,進而驅動全產業鏈條價值複合增長,不斷鞏固其在 AI 賦能精準醫療領域的領先地位。商業化落地顯著盈利能力持續改善,長期成長空間值得市場期待得益於三大業務板塊的協同發展,吉因加近年來商業化落地成果顯著。目前,公司已累計服務全國 1,000 餘家醫院,當中包括 30 家中國百強醫院,並與 200 餘家製藥企業及 500 餘家臨床研究機構建立穩定合作關係。廣泛且深入的合作關係,不僅驗證了公司技術與產品的臨床價值和商業可行性,更構建了強大的行業資源壁壘,為公司的營收增長與長期穩健發展奠定了堅實基礎。根據灼識諮詢數據,以 2024 年營業收入計,吉因加在中國精準診斷解決方案市場排名第三,穩居行業頭部陣營。從財務表現觀看,吉因加近年業績呈現階段性波動特徵,具體來看,2022 年、2023 年、2024 年及 2025 年上半年,公司營業收入分別為 18.15 億元、4.73 億元、5.57 億元及 2.85 億元;同期,公司期內淨利潤分別為 3.72 億元、5,412.70 萬元、-4.24 億元及 - 4.14 億元。需要指出的是,2022 年公司收入包含特殊時期的一次性業務貢獻;剔除該因素後,其收入結構已穩步回歸至三大核心業務板塊,並自 2023 年起保持持續增長態勢,且主營業務盈利能力持續改善。而財務報表中出現的大额虧損,主要系投資人公允價值變動等非經營性損益所致,並非主營業務的經營性盈虧,不影響公司核心業務的基本面與健康發展態勢。從資本市場維度來看,精準醫療作為生物科技與臨床醫學深度融合的黃金賽道,正受益於技術迭代加速、臨床需求剛性釋放及政策紅利持續加碼等多重因素,已成為一、二級市場關注的焦點領域之一。吉因加憑藉 AI 賦能的全鏈條技術布局、三大協同互補的業務板塊及深厚的行業資源積累,已成為中國精準醫療行業的領先企業。隨著赴港 IPO 進程的推進,公司有望借助資本市場的力量,加速研發投入與全球化拓展,推動其從「技術領先者」向「商業領跑者」躍遷,其長期成長空間與投資價值,值得市場持續關注。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CBL International Facilitates Xiaomo Port’s First LNG Bunkering for BYD in Shenzhen ACN Newswire

CBL International Facilitates Xiaomo Port’s First LNG Bunkering for BYD in Shenzhen

KUALA LUMPUR, December 30, 2025 - (ACN Newswire via SeaPRwire.com) – December 30, 2025, CBL International Limited (NASDAQ: BANL), the listed entity of Banle Group, today announced that it has completed Xiaomo Port’s first-ever LNG bunkering operation, serving BYD in Shenzhen through a physical supplier, supporting BYD’s maritime decarbonization. The service was facilitated in collaboration with China National Offshore Oil Corporation (“CNOOC”), which supported this inaugural bunkering at the port.This milestone strategically diversifies CBL’s revenue streams and expands its sustainable fuel offerings beyond its existing biofuels portfolio. Against the backdrop of the global shipping industry accelerating decarbonization, LNG serves as a mainstream marine clean energy source, capable of significantly reducing greenhouse gas emissions by approximately 20% - with near-zero emissions of sulfur oxides and particulate matter- and lowering fuel costs by approximately 25%-30%. This initiative supports the maritime industry's transition toward cleaner energy solutions in line with regulations such as FuelEU Maritime and IMO 2030/2050 targets.“This is a strategic step in our journey to become a comprehensive marine energy services partner,” said Dr. Teck Lim Chia, Chairman and CEO of CBL International. “We are grateful to BYD and CNOOC for their trust and collaboration.”CBL International is a trusted bunkering services facilitator, serving nine of the world’s top twelve container liner companies. The company's expertise in coordinating complex fuel logistics transactions underscores its value proposition as a specialized service partner in the evolving maritime energy landscape.Photo Caption: CBL International Facilitates Xiaomo Port's First LNG Bunkering for BYD in Shenzhen.About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistics company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with a one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in 65 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam. The Group actively promotes the use of sustainable fuels and has been awarded the ISCC EU and ISCC Plus certifications, as well as EcoVadis Silver Medal.For more information about our Company, please visit our website at: https://www.banle-intl.com. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CBL International完成深圳小漠港首次LNG加注 助力比亞迪海運脫碳 ACN Newswire

CBL International完成深圳小漠港首次LNG加注 助力比亞迪海運脫碳

吉隆坡, 2025年12月30日 - (亞太商訊 via SeaPRwire.com) - 2025年12月30日,CBL International Limited(納斯達克代碼:BANL)(「公司」或「CBL」),萬利集團(「萬利」或「集團」)的上市主體,今日宣布已通過實體供應商,在深圳小漠港完成了該港口的首次液化天然氣(LNG)加注,助力比亞迪海運脫碳。此次加注得益於與中國海洋石油集團有限公司(「中國海油」)的緊密合作,中國海油為該港口的此次首航加注作業提供了支持。這一里程碑事件具有重要的戰略意義,它不僅拓寬了CBL的收入來源,還將其可持續燃料供應範圍從現有的生物燃料產品組合擴展至LNG領域。在全球航運業加速脫碳的背景下,LNG作為主流的船用清潔能源,可顯著降低約20%的溫室氣體排放,並實現硫氧化物和顆粒物近乎零排放,同時節約燃料成本約25%-30%。此舉旨在支持海運業向更清潔的能源解決方案轉型,以順應《歐盟海運燃料法規》(FuelEU Maritime)及國際海事組織(IMO)2030/2050目標等法規要求。「這是我們邁向成為綜合性船用能源服務合作夥伴之旅的戰略一步,」 CBL International 董事長兼首席執行官謝威廉博士表示: 「感謝比亞迪和中國海油的信任與合作。」CBL International 是全球值得信賴的船舶燃料加注服務商,為全球前十二大集裝箱班輪公司中的九家提供服務。公司在協調複雜燃料物流交易方面的專業能力,凸顯了其在不斷演變的船用能源領域作為專業服務合作夥伴的價值主張。圖片說明:CBL International在深圳小漠港為比亞迪完成該港口首次LNG加注作業。關於萬利集團萬利集團成立於 2015 年,以CBL International Limited(納斯達克:BANL)在納斯達克股票市場上市。我們致力於為客戶提供一站式燃油供應服務,被業內稱為燃油供應服務商。我們主要通過當地實體供貨商為船舶提供燃油加注服務,遍布比利時、中國、香港、印度、日本、韓國、馬來西亞、毛里裘斯、巴拿馬、菲律賓、新加坡、台灣、泰國、土耳其和越南,共覆蓋65個港口。集團積極推動可持續燃料,並已取得ISCC EU和ISCC Plus認證,以及EcoVadis銀牌評級。如欲瞭解更多信息,請到集團網站 https://www.banle-intl.com 瀏覽。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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重磅敲鑼!臥安機器人(6600.HK)加冕AI具身家庭機器人第一股 引領行業新發展 ACN Newswire

重磅敲鑼!臥安機器人(6600.HK)加冕AI具身家庭機器人第一股 引領行業新發展

香港, 2025年12月30日 - (亞太商訊 via SeaPRwire.com) - AI浪潮席捲全球,疊加老齡化與消費升級的長期趨勢,家庭機器人行業在具身智慧技術日新月異的發展下正加速邁向全場景智慧服務新階段。技術突破、需求爆發與多元競爭格局,共同催生出一條黃金賽道。 立于時代潮頭,臥安機器人今日正式于香港聯交所上市,加冕"國內AI具身家庭機器人第一股"。臥安機器人本次IPO共計發行22,222,300股 H 股,其中香港公開發售獲254.5倍認購,國際發售獲8.9倍認購。尤為矚目的是,公司成功引入包括高瓴、Cithara、無極資本、中國東方等在內的九家頂尖機構作為基石投資者,合共認購超7億港元,基石陣容強大。從招股熱烈反響到上市鐘聲敲響,背後是資本市場對臥安機器人所處賽道價值與公司自身競爭力的雙重認可。技術產品雙硬核:全場景矩陣+核心專利構建競爭優勢臥安機器人作為全球稀缺的具身機器人領軍企業,聚焦運動機器人、陪伴機器人、人形機器人三大黃金賽道,以差異化定位開闢行業新藍海。而且不同於多數企業紮堆To B領域探索商業化,臥安機器人憑藉前瞻性佈局與深厚技術積澱,已實現核心賽道的規模化落地與驗證。產品方面,臥安機器人已經打造了覆蓋增強型執行機器人、感知與決策系統的全品類產品矩陣,深度適配智慧操控、家務勞動、養老護理、運動陪伴等多元家庭場景。臥安機器人自主研發的AI網球機器人Acemate作為全球首款能夠真人對打的網球機器人,與宇樹科技雙足機器人Unitree R1、Figure AI家務機器人Figure 03一同上榜美國《時代》雜誌"2025年度最佳發明"榜單。臥安機器人在柏林IFA展會上發佈的全球首款本地部署大模型的AI陪伴機器人Kata Friends,一舉斬獲Best in IFA Next和Best in Emerging Tech兩項創新大獎,證明了其在情感交互技術上的領先性。值得一提的是,作為中國的Figure,臥安機器人計畫於2026年1月推出首款人形家庭機器人H1,重點覆蓋衣物分類整理、餐後餐具清洗收納、輔助備餐等高頻生活場景,這款新品是臥安機器人十年來沉澱的具身智慧技術的集大成之作,以硬核科技全力兌現家庭勞動力解放的終極願景。技術則是臥安機器人構建核心競爭力的基石。公司自主掌握機器人定位與環境構建、AI機器視覺控制、分佈式神經控制網路三大核心技術棧,通過各技術模組協同作用,實現毫米級精准定位、毫秒級物體識別及自主學習決策能力,讓機器人能精准匹配家庭多樣化服務需求。從AI網球機器人、AI陪伴機器人到人形家務機器人,公司構建的以智能家庭機器人產品為核心的生態系統正在不斷完善。從技術到市場,從產品到生態,臥安機器人以"技術創新+場景深耕"雙輪驅動,持續強化在具身機器人領域的先發優勢,已經成長為家庭智能生態賽道中極具成長潛力的領軍者,構建起難以複製的競爭壁壘。需要指出的是,取得這些成績的背後離不開持續的研發投入與人才儲備。截至2025年12月11日,臥安機器人研發人員達278人,占員工總數的43.4%,形成了一支專業過硬的研發團隊;2022年至2024年,研發開支複合年增長率達34.7%,由此累計擁有311項專利(含56項發明專利),覆蓋核心技術、產品設計等關鍵領域,形成堅實的知識產權保護體系,為產品迭代升級提供不竭動力。全球化佈局成效顯著:千萬用戶生態+穩健業績增長在強大的技術實力之外,覆蓋全球多國的全渠道銷售及分銷網絡亦是臥安機器人的核心競爭力之一。根據資料,臥安機器人以"SwitchBot"、"Acemate"品牌直面全球消費者,產品銷往全球逾90個國家和地區,主要為日本、歐洲及北美,於世界各地逾2000家線下零售店可供購買,線上則與亞馬遜(AMZN.US)等國際知名零售商建立穩定合作,此外公司亦佈局有自營網站的DTC渠道。用戶數據層面,截至2025年12月11日,臥安機器人的SwitchBot App全球累計註冊用戶超356萬名,連接設備總數突破1080萬台,其中55.9%的註冊用戶已連接兩款及以上產品,充分體現了產品生態的高粘性,形成"產品優化-用戶認可-數據反饋-再優化"的良性循環。領先的技術、優異的產品力以及扎實的市場佈局在業績層面亦得到了印證。資料顯示,2022至2024年,臥安機器人的收入從2.75億元增長至6.10億元,複合年增長率達49.0%;2025年上半年收入3.96億元,同比增長44.10%,增長勢頭持續強勁。盈利也在能力持續改善,2022年至2024年及2025年上半年的毛利率分別為34.3%、50.4%、51.7%、54.2%,主要系已確立核心優勢的家庭系統產品類別的銷售額持續增長、產品組合持續優化及高利潤率新產品成功上市。與此同時,臥安機器人2025年上半年的淨利潤實現扭虧為盈,增至2790.3萬元,經調整EBITDA則在2023年就已實現盈利,業務可持續性與盈利品質得到充分驗證。結語當前,全球機器人行業正迎來加速增長的黃金期,市場滲透率持續攀升,整體規模不斷擴容。根據弗若斯特沙利文的資料,2022年至2024年全球家用機器人市場規模從2133億元(人民幣,下同)增長至2577億元,複合年增長率9.9%,預計到2029年市場規模將增至4365億元,2024年至2029年的複合年增長率為11.1%。與此同時,行業內優必選(9880.HK)、越疆(2432.HK)、極智嘉-W(2590.HK)、雲跡(2670.HK)等企業已經登陸港股市場,宇樹科技、智元等同行亦在加速前行。海外方面,1X Technologies、Figure等同樣獲得大額融資,接入大模型。從同業企業披露的訂單以及收入趨勢亦可以看出,機器人行業正駛入發展快車道。在此行業浪潮下,臥安機器人以"AI具身家庭機器人第一股"的鮮明定位成功登陸港股,完成關鍵資本佈局。借助本次全球發售募集的資金,公司將進一步夯實技術壁壘、豐富產品矩陣、拓展全球渠道,持續鞏固自身的核心競爭優勢。根據發售公告,臥安機器人此次的募資用途明確:66.5%將用於提升研發能力,聚焦AI具身家庭機器人系統相關關鍵技術研發與產品開發,核心是機器人定位技術、AI機器視覺控制技術及邊緣計算技術、基於VLA模型的人形家務機器人技術等,以及建設高標準的機器人數據採集工廠,專門用於迭代和優化人形機器人的VLA模型;19.8%將用於拓展銷售渠道、擴大地區覆蓋範圍及提升品牌全球知名度。展望未來,臥安機器人有望以此次上市為契機,依託智能家庭市場紅利,持續深化技術創新、加速新品落地進程、拓展全球市場版圖,賦能億萬家庭美好生活,在AI具身家庭機器人行業的發展浪潮中穩步前行。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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國泰君安國際獨家保薦迅策科技 助力大模型Data Agent第一股登陸港交所主板 ACN Newswire

國泰君安國際獨家保薦迅策科技 助力大模型Data Agent第一股登陸港交所主板

香港, 2025年12月30日 - (亞太商訊 via SeaPRwire.com) - 國泰海通集團下屬公司國泰君安國際控股有限公司(「國泰君安國際」或「公司」,股份代號:1788.HK)作為獨家保薦人、保薦人兼整體協調人、聯席全球協調人、聯席賬薄管理人及聯席牽頭經辦人,成功助力深圳迅策科技股份有限公司(「迅策」,股份代號:3317.HK)于香港聯合交易所主板正式掛牌上市。迅策此次上市,標誌著港股市場迎來了以实時數據基礎設施及分析為核心業務的「大模型Data Agent第一股」,不僅為迅策開啟了國際資本市場的全新篇章,也彰顯了國泰海通集團精准發掘並賦能新一代信息技術領軍企業的卓越能力。(國泰君安國際投行團隊出席上市儀式)本次發行最終定價為每股48港元,公司全球發售共2,250萬股H股,基礎發行募集資金規模約10.8億港元,超額配售權完全行使後預計總集資額將達約11.3億港元。國際配售和香港公開發售錄得踴躍認購,國際配售認購倍數達約3.1倍,香港公開發售認購倍數達約7.2倍。在市場波動中,本次發行獲得了國際及本地投資者的熱烈追捧,充分反映了全球頂尖資本對中國數據智能賽道高成長性企業長期價值的堅定信心。項目執行過程中,國泰君安國際憑藉對數據科技產業的深刻洞察和高效的跨市場執行能力,協助迅策科技在3個月內順利完成從遞交H股上市申請到成功在港交所掛牌的全流程。項目團隊深度挖掘公司作為「大模型Data Agent第一股」的獨特投資敘事,聚焦其雲原生統一实時數據平台的技術壁壘及從金融垂直領域向多行業成功複製的平台化擴張潛力,開展了系統、精准的市場推介。此次發行成功引入了包括中視金橋(00623.HK)、Alphahill基金、富策控股、Infini基金、薔薇香港、雲鋒基金、Cithara基金、Factorial及Joy Mobile在內的九家高品質基石投資者。基石投資者合共認購約3,957萬美元(約3.078億港元)股份,約占本次發售股份的28.5%。此次基石陣容多元,涵蓋了中資產業資本及知名外資基金,不僅體現了不同類型投資者對公司商業模式的一致看好,也為上市後股價的穩定提供了有力支撐。迅策的成功上市,是國泰海通服務科技創新的又一典範之作。該項目的完成,不僅助力一家具有稀缺技術平台價值的中國企業對接國際資本市場,也向全球投資者展現了中國在數據智能與AI應用領域的創新活力。關於深圳迅策科技股份有限公司迅策是中國領先的实時數據基礎設施及分析解決方案供應商。公司成立於2016年,總部位於深圳,並在北京、上海、杭州及香港設有分支機搆。公司以自主研發的雲原生統一數據平台為核心,為全行業企業提供從數據獲取、清洗、管理到分析與治理的全鏈路实時信息技術解決方案,其系統可部署于客戶自主管理的雲端或本地環境。公司從對數據实時性、準確性要求最為嚴苛的資產管理領域切入並建立領先優勢,服務超過百家總部級核心金融機構。在此基礎上,公司成功將其模組化、可拼裝的解決方案橫向複製到電信、城市管理、金融服務等多個行業,實現了從「金融專家」到「跨業能手」的戰略轉型。截至2025年上半年,來自資產管理以外的多元化行業收入占比已超過50%,展現了強大的跨行業擴張能力和增長潛力。關于國泰君安國際國泰海通集團下屬公司國泰君安國際(股票代號:1788.HK),是中國證券公司國際化的先行者和引領者,公司是首家通過IPO于香港聯合交易所主板上市的中資證券公司。國泰君安國際以香港爲業務基地,幷在新加坡、越南和澳門設立子公司,業務覆蓋全球主要市場,爲客戶境外資産配置提供高品質、多元化的綜合性金融服務,核心業務包括財富管理、機構投資者服務、企業融資服務、投資管理等。目前,國泰君安國際已分別獲得穆迪和標準普爾授予「Baa2」及「BBB+」長期發行人評級,MSCI ESG「A」評級, Wind ESG「A」評級及商道融綠ESG「A」評級,同時其標普全球ESG評分領先全球84%同業。公司控股股東國泰海通證券(股票代號:601211.SH/2611.HK)爲中國資本市場長期、持續、全面領先的綜合金融服務商。更多關于國泰君安國際的資訊請見:https://www.gtjai.com Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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國泰君安國際助力臥安機器人成功登陸香港聯交所主板 ACN Newswire

國泰君安國際助力臥安機器人成功登陸香港聯交所主板

香港, 2025年12月30日 - (亞太商訊 via SeaPRwire.com) - 國泰海通集團下屬公司國泰君安國際控股有限公司(「國泰君安國際」或「公司」,股份代號:1788.HK)作為聯席保薦人、整體協調人、聯席全球協調人、聯席帳簿管理人及聯席牽頭經辦人,成功助力臥安機器人(深圳)股份有限公司(「臥安機器人」,股份代號:6600.HK)于香港聯合交易所主板掛牌上市。本次臥安機器人全球發售最終定價每股H股73.80港元,全球發售共22,222,300股H股(其中香港發售2,222,300股H股,國際配售20,000,000股H股),綠鞋前集資規模約為16.4億港元,為公司發展注入關鍵資本動能。此次發售也獲得了境內外機構投資者的踴躍認購,香港公開發售認購倍數254.5倍,國際配售認購倍數8.9倍。公司成功引入了包括高瓴、Cithara、無極資本、中國東方、Yield Royal、觀博資本 及 銳智資本 作為基石投資者,基石投資占比全球發售約42.68%,有效鞏固公司的資本基礎與市場信用,支持其在研發投入、產品矩陣擴張及海外渠道深化等關鍵領域進行持續的中長期投入。在此項目中,國泰君安國際充分發揮集團境內外一體化平台優勢,憑藉貫穿全程的專業服務與高效執行,為臥安機器人提供了全方位的資本市場支援,展現了其在服務前沿科技企業方面的深厚實力。國泰君安國際在本專案中提供了涵蓋全流程的精准服務:在方案設計階段,緊密結合資本市場窗口與公司發展需求,完善發行方案與關鍵路徑,有效提升專案推進效率;在執行過程中,高效統籌公司、監管機構及仲介團隊,確保各關鍵節點高品質落地;在價值傳遞環節,圍繞公司構建智能家庭機器人產品生態系統的核心邏輯,精心組織投資者溝通,強化市場理解與預期管理;在發行定價階段,依託覆蓋廣泛的國際投資者網路與強大的分銷能力,有力支援訂單結構優化與定價效率提升。繼人形機器人領域代表性專案優必選科技(股份代號:9880.HK)及協作機器人領域代表性專案越疆(股份代號:2432.HK)之後,臥安機器人(股份代號:6600.HK)的成功上市,標誌著國泰君安國際在具身智能及機器人產業鏈的資本市場服務中,已建立覆蓋「價值梳理—合規推進—全球路演—簿記定價—配售交割」的系統化執行能力,並形成從上市前融資到國際投資者觸達的一體化投行服務閉環。未來,國泰君安國際將繼續發揮跨境資本市場服務能力,助力更多中國科技企業借力香港國際金融中心,加速全球化佈局與高品質發展。關於臥安機器人臥安機器人成立于2015年。區別于傳統單體智能家居設備與普通家庭機器人,公司通過落地「家庭機器人系統」路徑,融合AI、機器人及物聯網技術,以決策智能中樞實現即時環境感知、多設備協作與邊緣智能處理,覆蓋智能操控、家務勞動、智慧管家、養老護理、安全防護及能源管理等多元家庭場景。作為全球家庭機器人系統行業的研發實踐者,公司擁有311項專利(其中56項發明專利),研發團隊占員工總數約43%。截至2025年12月11日,公司註冊用戶逾350萬,連接設備累計逾1,080萬台(約55.9%的註冊用戶連接兩款或以上產品)。產品銷往全球逾90個國家及地區,並在全球逾2,000間線下零售店可供購買。關于國泰君安國際國泰海通集團下屬公司國泰君安國際(股票代號:1788.HK),是中國證券公司國際化的先行者和引領者,公司是首家通過IPO于香港聯合交易所主板上市的中資證券公司。國泰君安國際以香港爲業務基地,幷在新加坡、越南和澳門設立子公司,業務覆蓋全球主要市場,爲客戶境外資産配置提供高品質、多元化的綜合性金融服務,核心業務包括財富管理、機構投資者服務、企業融資服務、投資管理等。目前,國泰君安國際已分別獲得穆迪和標準普爾授予「Baa2」及「BBB+」長期發行人評級,MSCI ESG「A」評級, Wind ESG「A」評級及商道融綠ESG「A」評級,同時其標普全球ESG評分領先全球84%同業。公司控股股東國泰海通證券(股票代號:601211.SH/2611.HK)爲中國資本市場長期、持續、全面領先的綜合金融服務商。更多關于國泰君安國際的資訊請見:https://www.gtjai.com Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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USAS Building System Listed on the Hong Kong Stock Exchange: A Top-Three Industrial Prefabricated Steel Structure Solution Provider Enters a New Phase in the Capital Markets ACN Newswire

USAS Building System Listed on the Hong Kong Stock Exchange: A Top-Three Industrial Prefabricated Steel Structure Solution Provider Enters a New Phase in the Capital Markets

HONG KONG, December 30, 2025 - (ACN Newswire via SeaPRwire.com) – On 30 December, USAS Building System (Shanghai) Co., Ltd. (the “Company” or “USAS”) was officially listed on the Main Board of The Stock Exchange of Hong Kong Limited, marking the completion of an important step in the Company’s entry into the international capital markets and the commencement of a new development phase as a publicly listed company accessible to public investors.The successful listing represents not only a key milestone in the development history of USAS, but also brings the industrial prefabricated steel structure segment—long serving the manufacturing sector—into clearer view of the capital markets through a more representative business profile.As a prefabricated steel structure building solution provider focused on the industrial sector, USAS addresses the construction needs of manufacturing plants and industrial projects by offering integrated subcontracting services covering design optimisation, procurement, manufacturing and on-site installation. According to the Frost & Sullivan Report, by revenue in 2024, the Company ranked third in China’s industrial prefabricated steel structure building market.A Stable Operating Scale Provides a Foundation After ListingFrom an operating perspective, USAS has established a relatively stable business scale. As disclosed in the prospectus, from 2022 to 2024, the Company recorded revenue of approximately RMB1,903 million, RMB1,453 million and RMB1,523 million, respectively, maintaining an overall scale at the level of over RMB1 billion. Among these, prefabricated steel structure building subcontracting services have consistently been the core source of revenue. In 2024, revenue from this business amounted to approximately RMB1,241 million, accounting for 81.5% of total revenue, demonstrating the Company’s high level of focus on its core industrial prefabricated steel structure business.Against the backdrop of pronounced project-based business characteristics, the Company’s profitability structure has also remained relatively stable. From 2022 to 2024, USAS recorded overall gross profit margins of 12.7%, 14.8% and 12.5%, respectively, while the gross profit margin of the core subcontracting business remained within the 13%–15% range over the long term, reflecting a relatively mature operating system in project management, cost control and delivery capability. At the same time, the prospectus shows that the Company’s operating cash flow performance has remained stable, with sound liquidity, providing the necessary financial support for the continued advancement of its business and the execution of projects.Clear Long-Term Logic for Industrial Buildings, with Overseas Business as an Incremental SupplementFrom an industry perspective, industrial prefabricated steel structure buildings primarily serve manufacturing plants and industrial projects, and their demand is highly correlated with the manufacturing investment cycle. As manufacturing develops toward higher-end, larger-scale and more intensive operations, industrial projects increasingly require higher construction efficiency, structural safety and system integration capabilities, giving prefabricated steel structures a clear industrial rationale for application in industrial buildings.While continuing to deepen its presence in the domestic industrial market, USAS has also gradually expanded its related overseas business. The prospectus discloses that revenue from the Company’s industrial environmental equipment business is mainly derived from overseas markets. Revenue from this segment increased from approximately RMB31.82 million in 2022 to approximately RMB100 million in 2024, with the gross profit margin rising to 18.9% over the same period. The relevant business has covered multiple overseas markets and has obtained certifications in China, the United States, Europe and Canada, laying a foundation for the Company’s cross-regional project execution and overseas expansion.Using the Hong Kong Listing as a New Starting Point to Advance Long-Term Industrial Building DeploymentFollowing the completion of its listing on the Hong Kong Stock Exchange, USAS has formally entered the public capital market system. In line with the development directions disclosed in the prospectus, the Company will continue to deepen its presence in the industrial building sector in the future. While consolidating its core prefabricated steel structure business, the Company will promote synergies among different business segments and steadily advance its overseas market expansion.Against the backdrop of manufacturing investment cycles, industrial building upgrades and the gradual release of overseas demand, USAS has built a verifiable business foundation through years of project accumulation, a stable revenue scale and a gradually taking-shape overseas footprint. With the listing platform now in place, the Company’s operational capabilities and development path in the industrial prefabricated steel structure segment are expected to continue advancing under conditions of higher transparency and broader market participation. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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美聯股份港交所掛牌上市:行業前三的工業預製鋼結構解決方案提供商 開啟資本市場新階段 ACN Newswire

美聯股份港交所掛牌上市:行業前三的工業預製鋼結構解決方案提供商 開啟資本市場新階段

香港, 2025年12月30日 - (亞太商訊 via SeaPRwire.com) - 2025年12月30日,美聯鋼結構建築系統(上海)股份有限公司(以下簡稱「美聯股份」)正式在香港交易所主板掛牌上市,標誌著公司完成登陸國際資本市場的重要一步,並由此開啟面向公眾投資者的全新發展階段。此次成功上市,不僅是美聯股份發展歷程中的關鍵節點,也使工業預製鋼結構這一長期服務製造業的細分領域,首次以更為清晰的業務樣本進入資本市場視野。作為一家聚焦工業領域的預製鋼結構建築解決方案提供商,美聯股份圍繞製造業廠房及工業項目建設需求,提供涵蓋設計優化、採購、製造及現場安裝在內的一體化分包服務。根據弗若斯特沙利文報告,按 2024 年收入計,公司在中國工業預製鋼結構建築市場中排名第三。穩定的經營規模,構成上市後的基本盤從經營表現看,美聯股份已形成相對穩定的業務規模。招股書披露,2022 年至 2024 年,公司收入分別約為 19.03 億元、14.53 億元及 15.23 億元人民幣,整體維持在十多億元水平。其中,預製鋼結構建築分包服務始終為核心收入來源,2024 年該業務實現收入約 12.41 億元人民幣,佔總收入的 81.5%,顯示出公司對工業預製鋼結構主業的高度聚焦。在項目型業務特徵較為突出的背景下,公司盈利結構亦保持相對穩定。2022 年至 2024 年,美聯股份整體毛利率分別為 12.7%、14.8% 及 12.5%,核心分包業務毛利率長期維持在 13%–15% 區間,反映出公司在項目管理、成本控制及交付能力方面已形成較為成熟的運營體系。與此同時,招股書顯示,公司經營活動現金流表現穩健,流動性狀況良好,為業務持續推進和項目執行提供了必要的資金支撐。工業建築長期邏輯清晰,海外業務成為增量補充從行業層面看,工業預製鋼結構建築主要服務於製造業廠房及工業項目,其需求與製造業投資周期高度相關。隨著製造業向高端化、規模化及集約化方向演進,工業項目對建設效率、結構安全性及系統集成能力的要求不斷提高,預製鋼結構在工業建築中的應用具備較為明確的產業邏輯。在深耕國內工業市場的同時,美聯股份亦逐步拓展海外相關業務。招股書披露,公司工業環保裝備業務的收入主要來自海外市場,該板塊收入由 2022 年的約 3,182 萬元人民幣增長至 2024 年的約 1 億元人民幣,同期毛利率提升至 18.9%。相關業務已覆蓋多個海外市場,並取得中、美、歐及加拿大等地認證,為公司跨區域項目執行及海外拓展奠定基礎。以港股上市為新起點,推進工業建築長期佈局完成在港交所的掛牌上市後,美聯股份正式進入公眾資本市場體系。結合招股書披露的發展方向,公司未來將繼續圍繞工業建築領域深化佈局,在鞏固工業預製鋼結構核心業務的同時,推動不同業務板塊之間的協同,並穩步推進海外市場拓展。在製造業投資周期、工業建築升級及海外需求逐步釋放的背景下,美聯股份以多年項目積累、穩定的收入規模及逐步成型的海外佈局,構建起可驗證的業務基礎。隨著上市平台的搭建完成,公司在工業預製鋼結構這一細分領域的經營能力與發展路徑,將在更高透明度和更廣泛市場參與下持續推進。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Autonomous Driving Enters the Core Value Realization Phase: What Anchors CIDI’s Valuation?

HONG KONG, December 29, 2025 - (ACN Newswire via SeaPRwire.com) – The global autonomous driving industry is transitioning from a phase of rapid technological advancement to one of commercial model implementation. Unlike the large-scale open-road trials dominated by technological narratives, CiDi Inc. ("CiDi" or "the Company"), with its full-stack technology as the core pillar, has achieved scaled commercial deployment, establishing itself as one of the most representative benchmark enterprises in this field.More significantly, this proven capability is now underpinning its expansion into additional closed environments and overseas markets, offering investors a more enduring and certain growth trajectory. On December 11, CiDi formally commenced its IPO process, with a Hong Kong listing imminent.Hardcore Intelligent Driving System: Building Efficiency Moats in Closed EnvironmentsAutonomous driving in closed environments, while seemingly straightforward, demands stability, cost-effectiveness, and scalability under high-intensity operations, complex road conditions and multi-vehicle coordination. Through its full-stack technology framework, CiDi achieves a balance between "safety" and "efficiency", establishing a formidable competitive moat that is difficult to replicate.At the vehicle level, CiDi possesses full-process capabilities encompassing proprietary algorithms, perception systems, path planning and control modules. Through OEM collaborations, it achieves deep integration between vehicles and systems, enhancing control precision and scenario adaptability. This enables its vehicles to maintain superior stability under typical mining conditions such as extreme temperature variations, complex terrain, and multiple gradients.Its self-developed centralised dispatch platform and fleet coordination module form the system's "intelligent brain". This system enables comprehensive optimisation and intelligent scheduling of the entire mining operation workflow, ensuring efficient collaborative operations across mixed fleets. This maximises equipment utilisation while minimising empty runs and idle waiting times.It is precisely this complete technological closed loop, spanning fundamental vehicle control, intermediate coordination algorithms, and upper-tier central platform scheduling, that elevates individual vehicle autonomous capabilities into a scalable, holistically optimised intelligent transport system.This not only underpins the safe and efficient operation of the world's largest “mixed-operation mining truck fleet” but also delivers a hard-core performance metric where “autonomous driving efficiency surpasses manual operation”. This establishes a formidable moat, translating technological superiority into tangible customer value through intrinsic safety, cost reduction, and enhanced efficiency.Dual-Drive Business Model Unlocks New Pathways for Commercial MonetizationLeveraging its proven technological efficacy, CiDi has established a dual-engine business model driven by "Autonomous Driving Solutions" and "V2X (Vehicle-to- Everything) Technology," supported by intelligent perception services. This model ingeniously converts technological advantages into repeatable orders and customer loyalty.On one front, CiDi equips fleets with standalone autonomous driving kits through its driver-less mining truck solutions, enabling “mixed operations” where unmanned and manned vehicles operate concurrently. This model significantly lowers the initial capital barriers and operational risks for mining enterprises undertaking intelligent upgrades, facilitating a smooth and pragmatic technology adoption pathway. As of the Latest Practicable Date, the Company had delivered 56 autonomous mining trucks to a mining site, operating alongside approximately 500 manned trucks to form the world's largest mixed-operation mining fleet.Enhanced efficiency directly translates into customer return on investment, driving scalable product sales. As of 30 June 2025, the Company has delivered 414 autonomous mining trucks and/or standalone autonomous truck systems to customers, while securing indicative orders for additional 647 units/systems.Through large-scale commercial deployment, CiDi has established its position as a global leader in autonomous driving for closed environments. Based on 2024 revenue, the Company ranks among the top three in China's autonomous mining truck solutions market. Furthermore, as a benchmark enterprise pursuing a Hong Kong Stock Exchange listing under the "Specialist Technology" category, its status itself signifies capital markets' strong recognition of its leading position in the autonomous driving sector.Growth Potential: From Mining Sites to Enclosed Parks, From China to the WorldBuilding upon its consolidated and expanded mining strengths and leveraging its proven technological framework and operational expertise in closed environments, CiDi is progressively expanding into broader markets, unlocking significant growth potential.Currently, its autonomous logistics vehicle solutions have been deployed within enclosed industrial parks, delivering core functionalities akin to its mining solutions while adapting to specific logistics demands such as cargo handling, complex navigation, and mixed pedestrian traffic. Its V2X technology may also play a distinctive role in future vehicle-road cooperative intelligent transport networks.Vertically, CiDi is accelerating its international expansion, exporting products and services to high-demand overseas markets. The Company has already established preliminary cooperative relationships with multiple overseas clients to initiate projects. According to CIC forecasts, the market size of global commercial vehicle intelligent driving is projected to grow from RMB10 billion in 2024 to RMB1,614.4 billion by 2030, with a CAGR of 133.3%. CiDi's global expansion strategy positions it to seize early opportunities within this expanding market.From technological foundation-building to business model monetisation and scenario expansion, CiDi has carved out a differentiated development path within the autonomous driving industry. By building core barriers through its full-stack technology, its commercialization experience in mining areas serves as a critical validation of value, while extending into more scenarios and global markets unlocks the potential for long-term growth. In a rapidly evolving technological landscape and an accelerating market, this enterprise, possessing both technical depth and commercial acumen, is steadily advancing towards becoming a globally influential provider of intelligent logistics solutions. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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算力突圍時刻!累計5.2萬+出貨的量產王者天數智芯叩響港交所大門 ACN Newswire

算力突圍時刻!累計5.2萬+出貨的量產王者天數智芯叩響港交所大門

香港, 2025年12月29日 - (亞太商訊 via SeaPRwire.com) - 當大語言模型掀起全球算力軍備競賽,通用GPU作為「AI發動機」的戰略價值愈發凸顯。中國160萬片年出貨量的算力藍海,正呼喚自主可控的核心力量。近期,上海天數智芯半導體股份有限公司通過港交所聆訊,以硬核實力撐起中國通用GPU脊樑,成為這場國產突圍的中堅力量,這家手握5.2萬+出貨量與290 +客戶資源的企業,即將以資本新姿態角逐全球賽道。全棧自主技術護航 鑄就算力產業標杆自2015年成立以來,天數智芯始終堅守「全棧自主可控」的核心技術路線,十年磨一劍構築起不可複製的行業壁壘,其技術實力與產品價值更通過市場化成果充分驗證。公司從芯片架構、指令集到編譯器、函數庫的全鏈條核心IP自主研發,擺脫外部技術依賴,不僅契合國家算力安全的戰略需求,更成為國產通用GPU自主創新的標杆。依託軟硬件一體化的全棧技術體系,公司打造了涵蓋通用GPU芯片、加速卡及定製化AI算力解決方案的產品矩陣,將自主硬件與專屬軟件棧深度融合,兼具生態友好性與廣泛適用性,實現「開箱即用」的優質用戶體驗,客戶只需進行極少的代碼重構或修改即可使用,大幅降低客戶應用部署門檻。在性能與應用方面,公司產品表現突出。訓練產品「天垓」系列採用7nm先進工藝打造,作為國內首批量產的訓練通用GPU,單卡可支持參數規模約700億的大語言模型運行,集群部署時性能線性躍升且精度差異控制在0.6%以內;推理產品「智鎧」系列則針對整數計算單元與數據通路進行專屬優化,兼容主流量化算法與推理引擎,部分型號功耗可低至75W以適配邊緣場景。憑藉「先進工藝賦能性能+場景優化控制成本」的雙重優勢,產品兼具強勁性能與高性價比,贏得了市場的廣泛認可。截至2025年6月30日,公司累計出貨量已超過5.2萬片,服務超290家跨行業客戶,在包括金融服務、醫療保健及運輸等重要領域實現超過900次部署與應用,商業化成果位居行業前列。高研發精準賦能 商業化轉化提速技術壁壘與財務韌性形成雙重護城河,揭開公司「穩健擴張」的底層邏輯。財務結構持續優化的同時,公司展現出強勁的增長動能:2022-2024年營收從1.89億元飆升至5.39億元,複合年增長率高達68.8%;2025年上半年收入3.24億元,同比激增64.2%,已完成2024年全年營收的60%,增長節奏持續提速;通用GPU產品毛利率從2022年到2024年穩定在50%左右;淨虧損率從2022年292.3%收窄至2024年165.4%,2025年上半年經調整淨虧損同比收窄16.7%,儘管因行業研發投入屬性還未能止損,但盈利路徑愈發清晰。在資金使用效率上,天數智芯同樣表現亮眼。公司研發投入始終保持高強度加碼,研發費用從2022年4.57億元持續增至2024年7.73億元,兩年間增長69.1%;與此同時,研發成果的商業化轉化成效顯著,營業收入從2022年1.89億元快速攀升至2024年5.40億元,兩年增長185.7%,營收增速遠超研發費用增速,推動研發投入占比從241.1%穩步降至143.2%。高效的資金運用,讓每一分研發投入都轉化為實實在在的量產能力與市場競爭力:「天垓」系列訓練型GPU和「智鎧」系列推理型GPU總計五次產品迭代,均順利實現「研發 - 量產 - 商業化」的完整閉環,未出現技術落地或市場驗證的斷層;更值得關注的是,從2021年天垓Gen1推出到2024年Gen3成功量產,既印證了研發團隊深厚的技術沉澱與高效的執行能力,也彰顯出「持續研發投入+快速商業化反饋」的穩健經營作風,為長期技術競爭與盈利突破奠定了堅實基礎。在國產化率預計將從2024年3%向2029年37.9 %衝刺的賽道上,作為唯一實現訓練及推理全場景量產的企業,天數智芯可對標全球GPU企業成長曲線,疊加5.2萬片出貨量構建的規模優勢,成為資本市場稀缺的「技術+量產」雙驅動標的。募資明確戰略規劃 展現清晰成長路徑與價值預期如果不出意外,天數智芯將會在2026年1月登陸香港資本市場。此次赴港上市不僅是公司發展歷程中的重要里程碑,更彰顯了國產自主通用GPU企業邁向資本化、加速規模化發展的堅定步伐。作為國內通用 GPU 賽道的「量產先鋒」,天數智芯此次IPO的募資規劃盡顯戰略定力,為投資者勾勒出清晰的成長藍圖本次IPO,天數智芯已就募集資金用途作出明確戰略規劃:約80%將用於研發公司的產品及解決方案,包括在未來五年內投入通用GPU芯片及加速卡的研發與商業化進程、通過擴充研發團隊規模攻堅專有軟件棧研發,以及佈局AI算力一體化解決方案的技術突破;約10%將在未來五年內用於銷售及市場推廣,涵蓋海內外渠道拓展、品牌建設及重點行業滲透;約10%將作為營運資金及一般企業用途,為公司日常經營周轉及潛在戰略佈局提供穩定資金保障。清晰的戰略規劃,一方面能夠幫助公司精準聚焦核心技術研發,持續鞏固公司在通用GPU及AI算力領域的技術壁壘與競爭優勢,為產品迭代升級和商業化落地築牢根基;另一方面,通過系統化的市場投入,公司能夠加速市場份額拓展與品牌價值提升,夯實公司營運基礎,為長期穩定發展提供全方位支撐,彰顯公司深耕核心賽道、實現可持續增長的堅定決心,也為市場投資者展現清晰的成長路徑與價值預期。生態開放合作共贏 上市賦能長期發展算力競爭的終極戰場在生態。在生態構建方面,天數智芯積極踐行開放合作理念,通過跨技術棧的戰略協同,與行業核心參與者建立了穩固的合作關係,合作版圖廣泛覆蓋x86、ARM及RISC-V架構的CPU製造商,支持OAM、PCIe及高密度整合系統的服務器廠商,及主要操作系統及雲服務提供商。通過友商的深度合作,天數智芯能夠持續提升核心技術研發能力,精準開發特定場景的定製化解決方案,同時進一步拓寬平台兼容性。這種「技術持續創新+生態系統拓展」的雙輪驅動模式,使公司能夠精準把握通用GPU市場的增長機遇,實現規模化發展與核心競爭力提升的雙向賦能。從行業發展前景來看,中國通用GPU市場正處於高速擴張的黃金賽道。根據弗若斯特沙利文數據顯示,2024年的出貨量達到1.6百萬片,2022年至2024年的複合年增長率高達72.8%。未來增長勢頭依舊強勁,預計2025年至2029年期間,市場出貨量將以33.0%的複合年增長率持續攀升。行業的快速發展,為中國自主通用GPU企業提供了廣闊的發展機遇。秉持長期主義發展理念,天數智芯憑藉深厚的技術積澱、持續的研發創新實力及精準的市場戰略佈局,已在通用GPU領域內牢固建立起顯著競爭優勢,鑄就了穩固的行業領先地位。此次赴港上市,將成為公司打通國際資本市場融資渠道、加速技術迭代與提升全球品牌影響力的重要里程碑。未來,公司將繼續深耕通用GPU核心賽道,推動中國通用GPU行業突破「國產替代」的範疇,助力中國通用GPU產品在國際舞台綻放光彩。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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USAS Building System Advances Toward Hong Kong Listing: A Top-Three Industrial Prefabricated Steel Structure Solution Provider, with an Emerging Overseas Growth Curve ACN Newswire

USAS Building System Advances Toward Hong Kong Listing: A Top-Three Industrial Prefabricated Steel Structure Solution Provider, with an Emerging Overseas Growth Curve

HONG KONG, December 29, 2025 - (ACN Newswire via SeaPRwire.com) – With manufacturing investment gradually recovering and the pace of industrial project construction continuing to advance, industrial buildings are accelerating toward standardised and prefabricated development. Against this backdrop, the application of industrial prefabricated steel structure buildings in manufacturing plants and large-scale industrial projects has continued to expand. As the listing process enters its final stage, USAS Building System (Shanghai) Co., Ltd. (the “Company” or “USAS”) is set to be listed on the Hong Kong Stock Exchange on 30 December, and the industrial prefabricated steel structure sub-sector in which it operates is coming into the capital market's view.Industrial prefabricated steel structure buildings are a typical sub-sector of industrial construction. Demand is mainly derived from manufacturing plants and industrial projects, where higher requirements are placed on construction efficiency and delivery capability. Compared with residential and commercial buildings, industrial buildings place greater emphasis on construction efficiency, structural stability and compatibility with production systems. Continued capacity expansion across manufacturing sectors such as automotive, pharmaceuticals, food and beverage, machinery and electronics, and logistics has strengthened the industrial nature of prefabricated steel structure buildings in industrial projects.In response to such demand, USAS has formed a relatively clear business positioning. The prospectus shows that the Company is not a single steel structure fabricator, but rather an integrated prefabricated steel structure building solution provider focused on the industrial sector, providing full-process subcontracting services for industrial plants and manufacturing projects, covering design optimisation, procurement, manufacturing and on-site installation. According to the Frost & Sullivan Report, by revenue in 2024, USAS ranked third in China's industrial prefabricated steel structure building market. Against the backdrop of an overall fragmented industry, USAS has established a relatively clear industry position.From an operating perspective, the Company has established a stable business foundation. The prospectus discloses that from 2022 to 2024, USAS recorded revenue of approximately RMB1.903 billion, RMB1.453 billion and RMB1.523 billion, respectively, maintaining an overall scale at the level of over RMB1 billion. Among these, prefabricated steel structure building subcontracting services are the core source of revenue. In 2024, revenue from this business was approximately RMB1.241 billion, accounting for 81.5% of total revenue, reflecting the Company's high degree of focus on its industrial prefabricated steel structure core business.In terms of profitability structure, the Company presents typical characteristics of an industrial project-based model. From 2022 to 2024, the Company's overall gross profit margin was 12.7%, 14.8% and 12.5%, respectively, while the gross profit margin of the core subcontracting business remained in the range of 13%–15% over the long term. In 2025, as certain large-scale industrial projects progressed in a concentrated manner, the Company achieved revenue of approximately RMB1.424 billion in the first half of the year, reflecting the impact of project execution cycles on the release of interim performance.From a medium- to long-term industry perspective, the penetration rate of prefabricated steel structures in China's industrial building sector remains at a relatively low level. Manufacturing investment upgrades, demand for compressed construction timelines and the continued advancement of green building policies provide a practical demand foundation for the industry. At the same time, emerging manufacturing bases such as Southeast Asia are accelerating the undertaking of global capacity relocation, which also brings new sources of projects for enterprises with cross-regional delivery capabilities.Against this backdrop, USAS's overseas business footprint has gradually become more evident. The prospectus discloses that revenue from the Company's industrial environmental equipment business is mainly derived from overseas markets. Revenue from this segment increased from approximately RMB31.82 million in 2022 to approximately RMB100 million in 2024, while its gross profit margin increased to 18.9% over the same period. This business has covered multiple overseas markets and has obtained certifications in China, the United States, Europe and Canada, providing conditions and support for cross-regional project execution.Following its listing on the Hong Kong Stock Exchange, USAS is expected to leverage the capital market platform to further consolidate its industry position in the industrial prefabricated steel structure segment. With its established industrial customer base, stable project delivery capabilities and a gradually expanding overseas business footprint, the Company has a practical foundation to continue advancing in undertaking industrial projects, optimising its business structure and enhancing scalable operational capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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美聯股份衝刺港股上市:行業前三的工業預製鋼結構解決方案提供商 海外增長曲線逐步顯現 ACN Newswire

美聯股份衝刺港股上市:行業前三的工業預製鋼結構解決方案提供商 海外增長曲線逐步顯現

香港, 2025年12月29日 - (亞太商訊 via SeaPRwire.com) - 隨著製造業投資逐步回暖,工業項目建設節奏持續推進,工業建築正加速向標準化、預製化方向演進。在這一背景下,工業預製鋼結構建築在製造業廠房及大型工業項目中的應用不斷擴大。上市進入最後階段之際,美聯鋼結構建築系統(上海)股份有限公司(以下簡稱「美聯股份」)即將於12月30號登陸港交所,其所處的工業預製鋼結構細分賽道,正進入資本市場視野。工業預製鋼結構建築屬於典型的工業建設細分領域,其需求主要來自製造業廠房及工業項目,對建設效率與交付能力具有較高要求。相比住宅及商業建築,工業建築更強調建設效率、結構穩定性以及與生產系統的適配能力。汽車、醫藥、食品飲料、機械電子及物流等製造業領域持續擴產,使工業預製鋼結構建築在工業項目中的應用具備較強的產業屬性。圍繞這一需求,美聯股份形成了相對清晰的業務定位。招股書顯示,公司並非單一鋼結構加工商,而是聚焦工業領域的一體化預製鋼結構建築解決方案提供商,圍繞工業廠房及製造業項目,提供涵蓋設計優化、採購、製造及現場安裝在內的全流程分包服務。根據弗若斯特沙利文報告,按 2024 年收入計,美聯股份在中國工業預製鋼結構建築市場中排名第三,在行業整體較為分散的背景下,美聯股份已經形成了較為明確的行業位置。從經營數據看,公司已建立起穩定的業務基本盤。招股書披露,2022 年至 2024 年,美聯股份收入分別約為 19.03 億元、14.53 億元及 15.23 億元人民幣,整體維持在十多億元規模。其中,預製鋼結構建築分包服務為核心收入來源,2024 年該業務收入約為 12.41 億元人民幣,佔總收入的 81.5%,反映出公司對工業預製鋼結構主業的高度集中。盈利結構方面,公司呈現出典型的工業項目型特徵。2022 年至 2024 年,公司整體毛利率分別為 12.7%、14.8% 及 12.5%,核心分包業務毛利率長期維持在 13%–15% 區間。進入 2025 年,隨著部分大型工業項目集中推進,公司上半年實現收入約 14.24 億元人民幣,顯示出項目執行節奏對階段性業績釋放的影響。從行業中長期維度看,中國工業建築領域的預製鋼結構滲透率仍處於相對較低水平,製造業投資升級、工期壓縮需求及綠色建造政策持續推進,為行業提供了現實的需求基礎。同時,東南亞等新興製造基地加快承接全球產能轉移,也為具備跨區域交付能力的企業帶來新的項目來源。在此背景下,美聯股份的海外業務佈局逐步顯現。招股書披露,公司工業環保裝備業務的收入主要來自海外市場,該板塊收入由 2022 年的約 3,182 萬元人民幣增長至 2024 年的約 1 億元人民幣,毛利率同期提升至 18.9%。相關業務已覆蓋多個海外市場,並取得中、美、歐及加拿大等地認證,為跨區域項目執行提供了條件支撐。完成在港交所的掛牌上市後,美聯股份有望借助資本市場平台,進一步鞏固其在工業預製鋼結構細分領域的行業位置。依託已形成的工業客戶基礎、穩定的項目交付能力及逐步拓展的海外業務佈局,公司在承接工業項目、優化業務結構及提升規模化運營能力方面,具備持續推進的現實基礎。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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聯泓新科PO裝置、VC裝置成功投產 ACN Newswire

聯泓新科PO裝置、VC裝置成功投產

香港, 2025年12月29日 - (亞太商訊 via SeaPRwire.com) - 2025年12月22日,聯想控股(3396.HK)旗下聯泓新科控股子公司聯泓格潤和華宇同方先後傳來好消息:聯泓格潤一體化項目30萬噸/年PO裝置和華宇同方4000噸/年鋰電添加劑VC裝置在同一天實現一次開車成功,產出合格產品。上述裝置的投產,進一步豐富了聯泓新科的產品、顯著提升產品規模,有利於公司核心競爭力和綜合盈利能力的進一步增強。聯泓格潤一體化項目 - 30萬噸/年PO裝置一次開車成功2025年12月22日10點28分,聯泓格潤一體化項目30萬噸/年環氧丙烷(PO)裝置和天然氣制氫裝置一次投料開車成功,順利實現全流程貫通並連續產出合格產品,裝置運行平穩。聯泓格潤PO裝置採用國際領先的CHPPO技術路線,在催化劑等方面進行了技術改進,具有能效更優、副產品少、綠色環保等特點,能效水平較同類裝置低10%。作為聯泓格潤一體化項目中的關鍵一環,PO裝置對上游MTO裝置產出的丙烯等進行深加工,生產的PO可為下游24萬噸/年PPG裝置和5萬噸/年生物可降解材料PPC裝置提供充足穩定的原材料。該裝置投產後,聯泓格潤一體化項目打通了從原料甲醇到終端新材料產品的全流程,與公司現有生產基地以及產業鏈充分協同,產業鏈優勢進一步顯現。同時,也可讓聯泓新科產品結構更加豐富、產品規模顯著提升,有利於核心競爭力和綜合盈利能力進一步增強。華宇同方 - 4000噸/年鋰電添加劑VC裝置成功投產2025年12月22日23點56分,聯泓新科控股子公司華宇同方在山東省濟寧市汶上化工產業園投資建設的4000噸/年鋰電添加劑碳酸亞乙烯酯(VC)裝置成功投產,一次打通全流程,順利產出合格產品。隨著新型儲能和新能源產業快速發展,鋰電池市場需求不斷攀升。作為鋰電池電解液中用量最大的添加劑品類,VC用作有機成膜添加劑與過充電保護添加劑,可有效提高電池的容量和循環壽命,對鋰電池綜合性能的提升至關重要,備受市場關注,10月份以來市場價格上漲已超過260%。華宇同方VC裝置以公司自產的碳酸乙烯酯(EC)為主要原料,在多個關鍵生產環節實現自主技術突破,具備更高轉化率和更低能耗,產品純度和技術水平行業領先。此次投產的鋰電添加劑VC裝置進一步豐富了聯泓新科在新能源電池材料方面的產品佈局。目前聯泓新科已形成了包括鋰電添加劑VC、鋰電溶劑材料碳酸酯、鋰電隔膜材料UHMWPE、鈉離子電池材料、半固態/固態電池關鍵功能材料等在內的多元產品矩陣,在新能源電池材料領域的綜合競爭力不斷提升。未來,公司將繼續深耕新能源電池材料賽道,通過創新為行業高質量發展注入更多動能。(文章內容來源於聯泓新科)關於聯泓新科聯泓新材料科技股份有限公司是聯想控股股份有限公司(3396.HK)旗下一家新材料產品和解決方案供應商,於2020年12月8日在深圳證券交易所掛牌上市,股票簡稱「聯泓新科」,股票代碼「003022」。聯泓新科專注於先進高分子材料和特種精細材料的生產、研發與銷售,是高新技術企業、國家級「綠色工廠」,已連續多年上榜「中國石油和化工民營企業百強」、「山東省石油和化工行業百強」、「山東省化工新材料十強」,榮獲「全球新能源企業500強」、「中國卓越管理公司」、「山東省優秀企業」、「山東省特色產業集群龍頭企業」、「山東省勇於創新獎」、「山東省五一勞動獎狀」、「山東省全員創新企業」、「山東省技術創新示範企業」、「山東省高端化工領域高質量發展重點企業」、「山東省民營企業創新100強」、「最具品牌影響力新材料企業」、「山東名牌產品」等榮譽稱號。公司董事長鄭月明先生獲評「全國優秀企業家」、「中國石油和化工行業影響力人物」、「山東省優秀企業家」、「金牛企業領袖獎」,為第十三屆及第十四屆全國人大代表、第十三屆全國工商聯執委、第十四屆山東省工商聯副主席;公司股票已入選深證成指、深股通、富時羅素大盤股、滬深300備選股,連續兩年上榜中國上市公司市值500強。消息來源:聯想控股微空間 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Taxinexo Advances Large-Scale Commercial Deployment of Level 4 Autonomous Vehicles Across the United States ACN Newswire

Taxinexo Advances Large-Scale Commercial Deployment of Level 4 Autonomous Vehicles Across the United States

NEW YORK, Dec 26, 2025 - (ACN Newswire via SeaPRwire.com) - Taxinexo, a U.S.-based autonomous vehicle operator, has entered a new phase of large-scale commercial deployment after nearly five years of continuous operation in the United States. Leveraging its mature Level 4 autonomous driving technology and proven operational capabilities, the company has expanded multi-scenario services across several U.S. states, positioning itself as a representative case of how federal and state policy coordination is accelerating the commercialization of autonomous driving in the U.S. smart mobility sector.Since its inception, Taxinexo's growth trajectory has been deeply intertwined with the US autonomous driving industry's policy support system. The US federal government, through national strategic documents such as the Comprehensive Autonomous Vehicle Initiative, has established a development orientation of "safety first, encouraging innovation," providing companies with a flexible regulatory environment—including simplified administrative exemption procedures for autonomous vehicles, allowing steering wheel-less and pedal-less vehicles that meet technical standards to be tested and operated on public roads, significantly lowering the policy threshold for companies to iterate their technology. Meanwhile, the Inflation Reduction Act's tax credit of up to $7,500 per vehicle for Level 3 and above autonomous driving vehicles further assisted Taxinexo in completing its R&D investment and fleet expansion, enabling it to achieve large-scale commercial operation in multiple states across the US. This has allowed it to accumulate millions of kilometers of real-world road operation data and build an operational network covering diverse scenarios such as urban main roads, business parks, and commuter shuttles.In an interview with this newspaper, Taxinexo's Global Marketing Head stated, "The policy support in the US over the past five years has provided us with an excellent development platform. From technology R&D to commercialization, the flexible regulatory environment and precise policy support have allowed us to accumulate core capabilities to handle complex scenarios. In the future, we will continue to leverage local policy advantages, deepen our diversified scenario operation layout, and help promote the US autonomous driving industry towards a more efficient and safer stage."Data shows that the US autonomous driving industry is rapidly expanding, with leading companies continuously increasing their fleet sizes and weekly order volume exceeding hundreds of thousands, indicating a broad commercial prospect for the industry.Taxinexo reportedly plans to further expand its service coverage in the United States based on its existing operations, focusing on high-frequency travel scenarios such as airport shuttles and intercity commuting, and will continue to increase investment in technology research and development to promote the iterative upgrade of its autonomous driving system. In the future, its large-scale operational experience may provide a replicable practice model for the intelligent transportation upgrades of more cities in the United States.Social LinksTelegram: https://t.me/taxinexoX: https://x.com/taxinexoFacebook: https://www.facebook.com/profile.php?id=61585301312596Instagram: https://www.instagram.com/taxinexoLinkedIn: https://www.linkedin.com/company/taxinexo/YouTube: https://www.youtube.com/@taxinexoMedia contactBrand: TaxinexoContact: Media teamWebsite: https://www.taxinexo.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Avantor Appoints Gladys Wang as Vice President, Bioprocessing Commercial, Asia, Middle East & Africa ACN Newswire

Avantor Appoints Gladys Wang as Vice President, Bioprocessing Commercial, Asia, Middle East & Africa

SINGAPORE, Dec 24, 2025 - (ACN Newswire via SeaPRwire.com) - Avantor, Inc., a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, announced the appointment of Gladys Wang as Vice President, Bioprocessing Commercial for Asia, Middle East and Africa (AMEA). With over twenty years of experience in life sciences and commercial leadership, Gladys will oversee Avantor’s business expansion in the AMEA region, enhance customer success initiatives, and drive the development of strategic partnerships throughout the bioprocessing ecosystem.Gladys, based in Singapore, has extensive experience collaborating with biopharma manufacturers, contract development and manufacturing organizations (CDMOs), and key opinion leaders. She is widely recognized for her expertise in delivering transformative business results through customer-centric strategies, operational excellence, and effective cross-market collaboration.Before joining Avantor, Gladys held senior leadership roles at top life sciences organizations, including Head of Global Strategic Accounts APAC and Senior Director for Bioprocessing South Asia & Oceania. She was instrumental in accelerating Asia-Pacific expansion, delivering material business growth through disciplined market-entry strategy.“The Asia, Middle East and Africa region is full of potential, and being part of a team that partners so closely with customers to advance innovation and strengthen manufacturing capabilities is truly motivating. The focus ahead will be on deepening collaboration, enhancing customer experience, and empowering teams to deliver meaningful impact across the bioprocessing value chain. Contributing to Avantor’s continued growth and supporting customers in reaching their scientific and operational objectives is an exciting prospect,” said Gladys Wang, Vice President, Bioprocessing Commercial, Asia, Middle East & Africa.Gladys holds a Master’s degree in Biology from National Taiwan University and has completed executive programs at INSEAD and Stanford University, specializing in strategic transformation and innovation.With her commitment to excellence and talent for cultivating future leaders, Gladys will further strengthen Avantor’s position as a trusted partner for bioprocessing customers across the AMEA region.About Avantor®Avantor® is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. We work side-by-side with customers at every step of the scientific journey to enable breakthroughs in medicine, healthcare, and technology. Our portfolio is used in virtually every stage of the most important research, development and production activities at more than 300,000 customer locations in 180 countries. For more information, visit avantorsciences.com and find us on LinkedIn, X (Twitter) and Facebook.Regional Media Contact:Swati ChhabraManager - Corporate Communications, AMEAAvantor91-9958-404-334Swati.Chhabra@avantorsciences.comGlobal Media ContactEric Van ZantenHead - External CommunicationsAvantor610-529-6219Eric.Vanzanten@avantorsciences.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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BCQ (01963.HK) to Pay RMB 585 Million Cash Dividend, Driving Share Price and Yield Upside ACN Newswire

BCQ (01963.HK) to Pay RMB 585 Million Cash Dividend, Driving Share Price and Yield Upside

HONG KONG, December 25, 2025 - (ACN Newswire via SeaPRwire.com) – December 22, Bank of Chongqing Co., Ltd. (601963.SH, 01963.HK, hereinafter “BCQ” or “the Bank”) announced, it will distribute cash dividends totaling RMB 585 million based on its total ordinary share capital of 3.475 billion ordinary shares outstanding as of September 30, 2025. The dividend payout represents 11.99% of net profit attributable to ordinary shareholders.Since the release of China’s new capital market guidelines (often referred to as the “New Nine Measures”), BCQ has implemented interim dividends following the third quarter for the second consecutive year, underscoring its commitment to enhancing shareholder returns. This move further validates the resilience of its operating performance, improves its valuation recognition, and strengthens its appeal to middle-to-long-term investors.Over the past two years, the banking sector has transitioned from a “cyclical trading” approach to a “dividend-driven allocation” paradigm, with high-dividend strategies becoming a core investment theme. Supported by sustained and stable profitability, BCQ’s dividend yields for A-shares and H-shares exceeded 3.8% and 5.7%, respectively. Benefiting from both dividend attributes of bank stocks and rising market sentiment, as of December 24, the Bank’s A-share and H-share prices recorded year-to-date gains of 23.1% and 39.18%, respectively.The bank also recently announced that its personal deposit balance surpassed RMB 300 billion, reaching a historic high. This strengthened funding base enhances its earnings resilience across cycles. Continuous and milestone breakthroughs signify that the bank has ascended to a brand-new level in terms of comprehensive strength, market position, and service capabilities, paving the way for broader growth prospects in the future.Double-Digit Growth in Revenue and Net Profit, Total Assets Exceed RMB 1 TrillionAccording to its 2025 third-quarter report, as of the end of September 2025, BCQ’s total assets reached RMB 1.0227 trillion, representing an increase of over 19% YoY, and marking its entry into the “trillion-asset club” among city commercial banks.Driven by steady scale expansion, the Bank achieved a significant improvement in profitability, delivering its strongest performance in nearly nine years. Operating revenue and net profit for the first three quarters of 2025, recorded double-digit growth of 10.40% and 10.42% YoY, reaching RMB 11.74 billion and RMB 5.196 billion, respectively. Performance accelerated notably in the third quarter, with operating revenue rising 17.38% YoY to RMB 4.081 billion, and net profit attributable to shareholders increasing 20.54% to RMB 1.690 billion, indicating an accelerated growth rate and the continued enhancement of profitability. Moreover, in the first three quarters, operating and administrative expenses amounted to RMB 2.810 billion, up 9.90% YoY, lower than revenue growth. The cost-to-income ratio declined by 0.11 ppts to 23.93%, indicating steadily improving operating efficiency.Its asset quality also continued to strengthen. As of the end of the third quarter of 2025, the non-performing loan (NPL) ratio declined to 1.14%, down 0.11 ppts from the beginning of the year. Risk coverage has become more robust, with the provision coverage ratio rising to 248.11%, up 3.03 ppts from the beginning of the year, providing a solid buffer for sustainable and stable operations.Strong Secondary Market Performance, Leading A- and H-shares Gains Among PeersThe combination of regional strategic tailwinds and improving fundamentals continues to drive valuation recovery for this first mainland city commercial bank listed in Hong Kong.Since the beginning of the year, the Bank has delivered strong performance in the secondary market. As of December 24, its A-shares closed at RMB 10.96 per share, representing a gain of 23.1% YTD. Its H-shares closed at HKD 7.96 per share, with a gain of 39.18% YTD, ranking among the top performers in the domestic banking sector.In terms of shareholder returns, the Bank has distributed third-quarter dividends for two consecutive years, paying RMB 1.684 per 10 shares (tax inclusive), with total cash dividends of RMB 585 million (tax inclusive), accounting for 11.99% of net profit attributable to ordinary shareholders.The Bank’s operating performance has also received positive ratings from multiple securities firms. After the third-quarter results, over ten institutions, including China Galaxy Securities, China Merchants Securities, Shenwan Hongyuan Securities, and Guotai Haitong Securities, issued research reports, generally assigning “Buy,” “Accumulate,” or “Outperform” ratings for the Bank. Shenwan Hongyuan Securities noted that, supported by both regional development opportunities and improving fundamentals, alongside proactive management and clear strategic objectives, BCQ has strong momentum for valuation recovery and maintained a “Buy” rating. Guosen Securities emphasized that the Chengdu–Chongqing region, as a convergence zone for multiple national strategies, provides a solid foundation for the Bank’s sustained growth, and, combined with improving asset quality and stabilizing and rebounding net interest margins, assigned an “Outperform” rating for the Bank upon initial coverage. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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全球AGI第一股即將來襲!MiniMax過聆訊 以普惠之力撬動千億市場

香港, 2025年12月24日 - (亞太商訊 via SeaPRwire.com) - 近年來,全球人工智慧行業經歷了一輪前所未有的快速擴張。作為行業發展的核心方向,通用人工智慧(AGI)正從實驗室走向產業化落地。與此同時,行業格局也迎來深刻的結構性變革,早期「百模大戰」的野蠻生長時代已然落幕,市場從數量競爭轉向質量競爭,行業集中度持續大幅提升。真正具備持技術實力、並已驗證商業化路徑的公司,正從過往的喧囂中脫穎而出。在這場行業洗牌中,MiniMax 無疑是站到最後的核心玩家之一。作為全球僅有的四家具備全模態自研能力的企業,它憑借技術硬實力與高效商業化表現,成為AGI賽道的領軍者。12 月 21日, MiniMax通過港交所聆訊,距港股上市僅一步之遙,有望成為「全球 AGI 第一股」,為投資者提供參與AGI產業爆發的稀缺良機。行業標杆:從「百模大戰」到「全球唯四」,技術護城河難以複製MiniMax從其誕生之日起便帶著深刻的「AGI原生」基因。在行業普遍面臨「燒錢」質疑與短期變現壓力時,公司放棄短期流量玩法,選擇了一條更為艱難但上限更高的「技術驅動」之路。這份戰略定力,最終沉澱為堅實的技術護城河。與從單一模態切入的大多數企業不同,MiniMax自創立以來即專注於拓展全模態能力,是全球最早全面佈局大模型研發的公司之一。這一選擇,使公司在行業仍聚焦單一模態時,就已提前進入真實世界智能的研發路徑。目前,MiniMax在文本、視頻和語音等多個領域均推出具有全球競爭力的大規模商用大模型成為包括OpenAI、Google在內的全球唯四全模態進入第一梯隊的公司,也是唯一一家創業公司,其稀缺性不言而喻。在權威測評中,其語音模型 Speech 02 力壓國際巨頭位列全球第一,視頻模型 Hailuo 02 在 Artificial Analysis 視頻評測中排名全球第二, 2025年10月新發佈並開源的文本模型 MiniMax M2 發佈即躋身全球前五、開源第一,成為首個躋身全球前五的中國開源大模型。。更重要的是,MiniMax將技術重點放在可擴展性,其底層技術路線從一開始就圍繞著AGI長期演進方向而設計。公司通過算法創新,在顯著提升模型能力的同時,有效降低訓練和推理成本。同時,MiniMax並未將技術局限於演算法層,而是同步構建高度可擴展的AI基礎架構,能夠根據實際要求,在模型訓練和日常運行之間靈活調配算力資源,大幅提升整體資源利用率。在算力成本持續高企的行業環境下,這種高度可擴展的技術體系,使MiniMax能夠在保持模型性能持續提升的同時,實現更低的邊際成本與更強的規模化交付能力,確保持商業可行性。也正因如此,其全模態模型得以在文本、語音、視頻等多個方向同步推進,而非被算力與成本所掣肘。以MiniMax M2為例,該產品推理速度是國際同行的近兩倍,而定價僅為其 8%,實現了性能與成本的最優平衡,真正踐行了「普惠 AI」的核心理念。商業落地:已驗證的全球化增長飛輪對AI公司而言,技術是否能夠轉化為可持續收入,是資本市場最核心的評判標準之一。MiniMax並未停留在技術想像階段,已構建起「模型即產品」的獨特商業模式,形成了覆蓋個人使用者、企業客戶與開發者的多元產品與服務體系,實現了技術領先向商業價值的高效轉化。一方面,MiniMax通過AI原生產品矩陣服務全球使用者,付費模式涵蓋訂閱、應用內購買與增值服務,隨著模型能力提升,使用者付費意願與單用戶價值同步增長;另一方面,公司通過開放平臺向企業與開發者提供模型能力,API調用與定制化服務逐步形成規模化收入來源。在 C 端市場,MiniMax 的自研全模態模型及 AI 原生應用已累計為來自超過 200 個國家及地區的逾 2.12 億名個人用戶提供服務。其旗下AI視頻創作平臺海螺 AI,憑藉電影級畫質與高效創作體驗,通過口碑自然傳播快速席捲全球,不僅積累了超10000名頂級AI藝術家/創作者生態,更與戛納電影節、上海國際電影節等國際節展,以及紐約大學藝術學院、中國傳媒大學等頂尖院校開展深度合作,聯合孵化眾多優質 AIGC 短片作品。根據灼識諮詢的數據,其海螺AI通過用戶的自然增長迅速成為全球最受歡迎的AI視頻創作平臺之一;Talkie/星野按截至2025年9月30日止九個月內平均月活躍用戶計為全球第二大AI原生交互平臺,其憑藉千萬級虛擬角色儲備與高擬真情感交互能力,在海外市場形成現象級傳播,成為眾多用戶的首選 AI 陪伴產品。在 B 端市場,公司開放平臺服務覆蓋全球100多個國家和地區的10 萬家企業客戶與開發者,日均處理超萬億 Token 請求,不僅接入阿里巴巴、騰訊、小米等國內巨頭,更獲得Google、亞馬遜、微軟三大國際雲廠商同步上線支持,B端毛利率高達 69.4%,商業化能力經受全球市場檢驗。從 2023 年到 2025 年 9 月,MiniMax平均MAU從 310 萬飆升至 2760 萬,增長近 9 倍。更具說服力的是,其使用者增長主要依靠產品力驅動的自然增長與口碑傳播,而非高昂的買量。得益於用戶規模的增長,MiniMax收入從2023年的346萬美元,增至2024年的3052萬美元,2025年前9個月,公司收入達到5344萬美元,已大幅超過2024年全年,同比增加174.7%,進一步證明了其「技術突破-產品體驗能力躍升 -使用者/客戶增長與付費意願提升-收入規模增長」的商業正循環已然成型。且其收入全為可持續性收入,截至2025年前9個月貿易應收款項周轉天數僅為38天,收入質量優異。盈利方面, 2023年至2024年,MiniMax毛利率從-24.7%大幅優化至12.2%,並於2025年前9個月提升至23.3%,呈持續向好態勢。在收入大幅增長的同時,2025年前9個月公司經調整淨虧損僅小幅上升8.6%。這意味著公司每單位收入對應的虧損額大幅下降了60%,「虧損率」持續大幅收窄,意味其正式進入高品質、規模化的擴張軌道。這條從技術到收入的清晰路徑,為上市後的盈利路徑提供了堅實支撐。展望未來,隨著AI對GDP的拉動效應逐步顯現,行業將迎來爆發式增長。而市場格局的持續集中,將使像MiniMax這樣已建立起技術、產品、商業化綜合壁壘的頭部玩家,獲得更大的市場份額與更強的定價權。MiniMax累計僅花費5億美元,就實現全模態全球領先,展現出極高的資本利用效率;賬上11億美元現金儲備可支持超53個月運營,上市並非為「輸血」而是進軍全球市場的「門票」。其全模態的技術積累具備高度複用性,可向更廣泛的場景遷移,持續享受行業增長紅利。在這場席捲全球的AI革命中,MiniMax的故事才剛剛開始,其未來表現值得市場持續高度關注。 Copyright 2025 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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