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吉因加启动港股IPO：AI驱动全链条精准医疗构筑差异化技术壁垒

December 30, 2025

香港, 2025年12月30日 - (亚太商讯 via SeaPRwire.com) - 在全球科技革命与医疗健康需求加速升级的双重驱动下，精准医疗正成为各国竞相布局的战略性创新高地。近日，中国领先的精准医疗企业 —— 吉因加科技（绍兴）股份有限公司（下称「吉因加」或「公司」）正式向港交所主板提交上市申请，拟赴港 IPO，标志着公司迈向资本化发展新阶段，也将进一步推动中国精准医疗产业高质量发展。深耕精准医疗领域多年，吉因加以 AI 与临床价值洞见深度融合为核心，逐步构建清晰而稳固的差异化竞争优势。作为中国少数将 AI 能力深度嵌入生物标志物全价值链核心环节的企业，吉因加依托自主研发的多组学技术平台，已成功打造出业内唯一覆盖从多组学生物标志物及靶点发现、验证、产品开发至商业化落地的完整链条。三大核心业务协同并进，构建全链条服务体系吉因加围绕精准医疗核心需求，形成业务架构清晰的三大核心业务板块 —— 精准诊断、药物研发赋能及临床科研与转化，构建价值共创、协同增收的业务闭环。其中，精准诊断解决方案以新一代定序（NGS）技术及多组学分析的创新临床应用为核心，聚焦肿瘤、感染性疾病、器官健康等关键疾病领域，为医疗机构提供端到端解决方案。根据灼识咨询数据，公司推出的 "吉因加吉智 ® 号"，是业内首个自动化诊断平台，也是中国首个集成 AI、大数据和物联网技术的智能分子诊断系统，实现从样本进样至报告生成全流程 "无人值守"，已在国内多家顶尖医院部署，显著提升了检测通量并缩短了交付时间（TAT），为中国分子诊断领域树立了新的行业标杆。同时，该解决方案配套了覆盖高价值临床需求的全维度产品组合。例如，在肿瘤领域，吉因加推出了包括用于精准治疗指导的伴随诊断（CDx）检测组合、用于复发风险评估的 MRD 监测工具，以及基于公司自主研发的 GM-seq 甲基化技术的MCED产品。根据灼识咨询资料，公司的 MRD 检测产品是中国首个进入国家药监局创新医疗器械特别审查程序的同类产品，确立了公司在 MRD 商业化领域的显著先发优势。此外，其 MCED 检测产品在性能方面已达到国际领先水平，具备广阔的临床应用前景与市场推广潜力。于药物研发赋能板块，吉因加主要为全球制药企业提供覆盖药物开发全生命周期的服务，包括生物标志物与靶点的发现与验证、患者入排检测、CDx 联合开发，以及基于计算机模拟的虚拟临床试验等，服务范围覆盖小分子药物、单克隆抗体和细胞与基因治疗等多元疗法开发领域。依托自研大模型及高质量临床资料库，公司能够高效识别与疾病进展、治疗反应相关的分子靶点，显著提升新药研发效率。临床科研与转化板块则构成吉因加技术创新的 "孵化器"。通过 AI4S 科研服务平台，吉因加为科研机构与临床研究中心提供从多组学数据获取处理、AI 驱动分析建模，再到临床转化的全链条支持，重点聚焦肿瘤、心脑血管及神经系统等复杂疾病领域，加速科研成果向临床应用转化，助力核心技术迭代与新产品研发三大核心业务协同发力，使吉因加构筑起以 AI 多组学为核心的精准医疗生态系统：通过临床诊断持续沉淀高质量数据资产，推动算法迭代提升诊疗能力；通过科研合作拓宽临床认知边界，形成持续演进的自学习系统，进而驱动全产业链条价值复合增长，不断巩固其在 AI 赋能精准医疗领域的领先地位。商业化落地显著盈利能力持续改善，长期成长空间值得市场期待得益于三大业务板块协同发展，吉因加近年来商业化落地成果显著。目前，公司已累计服务全国 1000 余家医院，其中包括 30 家中国百强医院，并与 200 余家制药企业及 500 余家临床研究机构建立稳定合作关系。广泛且深入的合作关系，不仅验证了公司技术与产品的临床价值和商业可行性，更构建了坚实的行业资源壁垒，为公司营收增长与长期稳健发展奠定了坚实基础。根据灼识咨询数据，按 2024 年营业收入计，吉因加在中国精准诊断解决方案市场排名第三，稳居行业头部阵营。从财务表现来看，吉因加近年业绩呈现阶段性波动特征，具体来看，2022 年、2023 年、2024 年及 2025 年上半年，公司营业收入分别为 18.15 亿元、4.73 亿元、5.57 亿元及 2.85 亿元；同期，公司期内净利润分别为 3.72 亿元、5412.70 万元、-4.24 亿元及 - 4.14 亿元。需要指出的是，2022 年公司收入包含特殊时期的一次性业务贡献；剔除该因素后，其收入结构已稳步回归至三大核心业务板块，并自 2023 年起保持持续增长态势，且主营业务盈利能力持续改善。而财务报表中出现的大额亏损，主要是投资人公允价值变动等非经营性损益所致，并非主营业务的经营性盈亏，不影响公司核心业务的基本面与健康发展态势。从资本市场维度来看，精准医疗作为生物科技与临床医学深度融合的黄金赛道，正受益于技术迭代加速、临床需求刚性释放及政策红利持续加码等多重因素，已成为一、二级市场关注的焦点领域之一。吉因加凭借 AI 赋能的全链条技术布局、三大协同互补的业务板块及深厚的行业资源积累，已成为中国精准医疗行业的领先企业。随着赴港 IPO 进程的推进，公司有望借助资本市场的力量，加速研发投入与全球化拓展，推动其从 "技术领先者" 向 "商业领跑者" 跃迁，其长期成长空间与投资价值，值得市场持续关注。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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

December 30, 2025

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

CBL International完成深圳小漠港首次LNG加注助力比亚迪海运脱碳

December 30, 2025

吉隆坡，2025年12月30日 - (亚太商讯 via SeaPRwire.com) - 2025年12月30日，CBL International Limited（纳斯达克代码：BANL）（"公司"或"CBL"），万利集团（"万利"或"集团"）的上市主体，今日宣布已通过实体供应商，在深圳小漠港完成了该港口的首次液化天然气（LNG）加注，助力比亚迪海运脱碳。此次加注得益于与中国海洋石油集团有限公司（"中国海油"）的紧密合作，中国海油为该港口的此次首航加注作业提供了支持。这一里程碑事件具有重要的战略意义，它不仅拓宽了CBL的收入来源，还将其可持续燃料供应范围从现有的生物燃料产品组合扩展至LNG领域。在全球航运业加速脱碳的背景下，LNG作为主流的船用清洁能源，可显著降低约20%的温室气体排放，并实现硫氧化物和颗粒物近乎零排放，同时节约燃料成本约25%-30%。此举旨在支持海运业向更清洁的能源解决方案转型，以顺应《欧盟海运燃料法规》（FuelEU Maritime）及国际海事组织（IMO）2030/2050目标等法规要求。"这是我们迈向成为综合性船用能源服务合作伙伴之旅的战略一步，" CBL International 董事长兼首席执行官谢威廉博士表示， "我们感谢比亚迪和中国海油的信任与合作。"CBL International 是全球值得信赖的船舶燃料加注服务商，为全球前十二大集装箱班轮公司中的九家提供服务。公司在协调复杂燃料物流交易方面的专业能力，凸显了其在不断演变的船用能源领域作为专业服务合作伙伴的价值主张。图片说明：CBL International在深圳小漠港为比亚迪完成该港口首次LNG加注作业。关于万利集团万利集团成立于 2015 年，以CBL International Limited（纳斯达克：BANL）在纳斯达克股票市场上市。我们致力于为客户提供一站式燃油供应服务，被业内称为燃油供应服务商。我们主要通过当地实体供货商为船舶提供燃油加注服务，遍布比利时、中国、香港、印度、日本、韩国、马来西亚、毛里裘斯、巴拿马、菲律宾、新加坡、台湾、泰国、土耳其和越南，共覆盖65个港口。集团积极推动可持续燃料，并已取得ISCC EU和ISCC Plus认证，以及EcoVadis银牌评级。如欲了解更多信息，请到集团网站 https://www.banle-intl.com 浏览。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

重磅敲锣！卧安机器人（6600.HK）加冕AI具身家庭机器人第一股，引领行业新发展

December 30, 2025

香港, 2025年12月30日 - (亚太商讯 via SeaPRwire.com) - AI浪潮席卷全球，叠加老龄化与消费升级的长期趋势，家庭机器人行业在具身智能技术日新月异的发展下正加速迈向全场景智能服务新阶段。技术突破、需求爆发与多元竞争格局，共同催生出一条黄金赛道。立于时代潮头，卧安机器人今日正式于香港联交所上市，加冕"国内AI具身家庭机器人第一股"。卧安机器人本次IPO共计发行22,222,300股 H 股，其中香港公开发售获254.5倍认购，国际发售获8.9倍认购。尤为瞩目的是，公司成功引入包括高瓴、Cithara、无极资本、中国东方等在内的九家顶尖机构作为基石投资者，合共认购超7亿港元，基石阵容强大。从招股热烈反响到上市钟声敲响，背后是资本市场对卧安机器人所处赛道价值与公司自身竞争力的双重认可。技术产品双硬核：全场景矩阵+核心专利构建竞争优势卧安机器人作为全球稀缺的具身机器人领军企业，聚焦运动机器人、陪伴机器人、人形机器人三大黄金赛道，以差异化定位开辟行业新蓝海。而且不同于多数企业扎堆To B领域探索商业化，卧安机器人凭借前瞻性布局与深厚技术积淀，已实现核心赛道的规模化落地与验证。产品方面，卧安机器人已经打造了覆盖增强型执行机器人、感知与决策系统的全品类产品矩阵，深度适配智能操控、家务劳动、养老护理、运动陪伴等多元家庭场景。卧安机器人自主研发的AI网球机器人Acemate作为全球首款能够真人对打的网球机器人，与宇树科技双足机器人Unitree R1、Figure AI家务机器人Figure 03一同上榜美国《时代》杂志"2025年度最佳发明"榜单。卧安机器人在柏林IFA展会上发布的全球首款本地部署大模型的AI陪伴机器人Kata Friends，一举斩获Best in IFA Next和Best in Emerging Tech两项创新大奖，证明了其在情感交互技术上的领先性。值得一提的是，作为中国的Figure，卧安机器人计划于2026年1月推出首款人形家庭机器人H1，重点覆盖衣物分类整理、餐后餐具清洗收纳、辅助备餐等高频生活场景，这款新品是卧安机器人十年来沉淀的具身智能技术的集大成之作，以硬核科技全力兑现家庭劳动力解放的终极愿景。技术则是卧安机器人构建核心竞争力的基石。公司自主掌握机器人定位与环境构建、AI机器视觉控制、分布式神经控制网络三大核心技术栈，通过各技术模块协同作用，实现毫米级精准定位、毫秒级物体识别及自主学习决策能力，让机器人能精准匹配家庭多样化服务需求。从AI网球机器人、AI陪伴机器人到人形家务机器人，公司构建的以智能家庭机器人产品为核心的生态系统正在不断完善。从技术到市场，从产品到生态，卧安机器人以"技术创新+场景深耕"双轮驱动，持续强化在具身机器人领域的先发优势，已经成长为家庭智能生态赛道中极具成长潜力的领军者，构建起难以复制的竞争壁垒。需要指出的是，取得这些成绩的背后离不开持续的研发投入与人才储备。截至2025年12月11日，卧安机器人研发人员达278人，占员工总数的43.4%，形成了一支专业过硬的研发团队；2022年至2024年，研发开支复合年增长率达34.7%，由此累计拥有311项专利（含56项发明专利），覆盖核心技术、产品设计等关键领域，形成坚实的知识产权保护体系，为产品迭代升级提供不竭动力。全球化布局成效显著：千万用户生态+稳健业绩增长在强大的技术实力之外，覆盖全球多国的全渠道销售及分销网络亦是卧安机器人的核心竞争力之一。根据资料，卧安机器人以"SwitchBot"、"Acemate"品牌直面全球消费者，产品销往全球逾90个国家和地区，主要为日本、欧洲及北美，于世界各地逾2000家线下零售店可供购买，线上则与亚马逊（AMZN.US）等国际知名零售商建立稳定合作，此外公司亦布局有自营网站的DTC渠道。用户数据层面，截至2025年12月11日，卧安机器人的SwitchBot App全球累计注册用户超356万名，连接设备总数突破1080万台，其中55.9%的注册用户已连接两款及以上产品，充分体现了产品生态的高粘性，形成"产品优化-用户认可-数据反馈-再优化"的良性循环。领先的技术、优异的产品力以及扎实的市场布局在业绩层面亦得到了印证。数据显示，2022至2024年，卧安机器人的收入从2.75亿元增长至6.10亿元，复合年增长率达49.0%；2025年上半年收入3.96亿元，同比增长44.10%，增长势头持续强劲。盈利也在能力持续改善，2022年至2024年及2025年上半年的毛利率分别为34.3%、50.4%、51.7%、54.2%，主要系已确立核心优势的家庭系统产品类别的销售额持续增长、产品组合持续优化及高利润率新产品成功上市。与此同时，卧安机器人2025年上半年的净利润实现扭亏为盈，增至2790.3万元，经调整EBITDA则在2023年就已实现盈利，业务可持续性与盈利质量得到充分验证。结语当前，全球机器人行业正迎来加速增长的黄金期，市场渗透率持续攀升，整体规模不断扩容。根据弗若斯特沙利文的资料，2022年至2024年全球家用机器人市场规模从2133亿元（人民币，下同）增长至2577亿元，复合年增长率9.9%，预计到2029年市场规模将增至4365亿元，2024年至2029年的复合年增长率为11.1%。与此同时，行业内优必选（9880.HK）、越疆（2432.HK）、极智嘉-W（2590.HK）、云迹（2670.HK）等企业已经登陆港股市场，宇树科技、智元等同行亦在加速前行。海外方面，1X Technologies、Figure等同样获得大额融资，接入大模型。从同业企业披露的订单以及收入趋势亦可以看出，机器人行业正驶入发展快车道。在此行业浪潮下，卧安机器人以"AI具身家庭机器人第一股"的鲜明定位成功登陆港股，完成关键资本布局。借助本次全球发售募集的资金，公司将进一步夯实技术壁垒、丰富产品矩阵、拓展全球渠道，持续巩固自身的核心竞争优势。根据发售公告，卧安机器人此次的募资用途明确：66.5%将用于提升研发能力，聚焦AI具身家庭机器人系统相关关键技术研发与产品开发，核心是机器人定位技术、AI机器视觉控制技术及边缘计算技术、基于VLA模型的人形家务机器人技术等，以及建设高标准的机器人数据采集工厂，专门用于迭代和优化人形机器人的VLA模型；19.8%将用于拓展销售渠道、扩大地区覆盖范围及提升品牌全球知名度。展望未来，卧安机器人有望以此次上市为契机，依托智能家庭市场红利，持续深化技术创新、加速新品落地进程、拓展全球市场版图，赋能亿万家庭美好生活，在AI具身家庭机器人行业的发展浪潮中稳步前行。作者：云知风起 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

国泰君安国际独家保荐迅策科技助力大模型Data Agent第一股登陆港交所主板

December 30, 2025

香港, 2025年12月30日 - (亚太商讯 via SeaPRwire.com) - 国泰海通集团下属公司国泰君安国际控股有限公司（"国泰君安国际"或"公司"，股份代号：1788.HK）作为独家保荐人、保荐人兼整体协调人、联席全球协调人、联席账薄管理人及联席牵头经办人，成功助力深圳迅策科技股份有限公司（"迅策"，股份代号：3317.HK）于香港联合交易所主板正式挂牌上市。迅策此次上市，标志着港股市场迎来了以实时数据基础设施及分析为核心业务的"大模型Data Agent第一股"，不仅为迅策开启了国际资本市场的全新篇章，也彰显了国泰海通集团精准发掘并赋能新一代信息技术领军企业的卓越能力。（国泰君安国际投行团队出席上市仪式）本次发行最终定价为每股48港元，公司全球发售共2,250万股H股，基础发行募集资金规模约10.8亿港元，超额配售权完全行使后预计总集资额将达约11.3亿港元。国际配售和香港公开发售录得踊跃认购，国际配售认购倍数达约3.1倍，香港公开发售认购倍数达约7.2倍。在市场波动中，本次发行获得了国际及本地投资者的热烈追捧，充分反映了全球顶尖资本对中国数据智能赛道高成长性企业长期价值的坚定信心。项目执行过程中，国泰君安国际凭借对数据科技产业的深刻洞察和高效的跨市场执行能力，协助迅策科技在3个月内顺利完成从递交H股上市申请到成功在港交所挂牌的全流程。项目团队深度挖掘公司作为"大模型Data Agent第一股"的独特投资叙事，聚焦其云原生统一实时数据平台的技术壁垒及从金融垂直领域向多行业成功复制的平台化扩张潜力，开展了系统、精准的市场推介。此次发行成功引入了包括中视金桥（00623.HK）、Alphahill基金、富策控股、Infini基金、蔷薇香港、云锋基金、Cithara基金、Factorial及Joy Mobile在内的九家高质量基石投资者。基石投资者合共认购约3,957万美元（约3.078亿港元）股份，约占本次发售股份的28.5%。此次基石阵容多元，涵盖了中资产业资本及知名外资基金，不仅体现了不同类型投资者对公司商业模式的一致看好，也为上市后股价的稳定提供了有力支撑。迅策的成功上市，是国泰海通服务科技创新的又一典范之作。该项目的完成，不仅助力一家具有稀缺技术平台价值的中国企业对接国际资本市场，也向全球投资者展现了中国在数据智能与AI应用领域的创新活力。关于深圳迅策科技股份有限公司迅策是中国领先的实时数据基础设施及分析解决方案供应商。公司成立于2016年，总部位于深圳，并在北京、上海、杭州及香港设有分支机构。公司以自主研发的云原生统一数据平台为核心，为全行业企业提供从数据采集、清洗、管理到分析与治理的全链路实时信息技术解决方案，其系统可部署于客户自主管理的云端或本地环境。公司从对数据实时性、准确性要求最为严苛的资产管理领域切入并建立领先优势，服务超过百家总部级核心金融机构。在此基础上，公司成功将其模块化、可拼装的解决方案横向复制到电信、城市管理、金融服务等多个行业，实现了从"金融专家"到"跨业能手"的战略转型。截至2025年上半年，来自资产管理以外的多元化行业收入占比已超过50%，展现了强大的跨行业扩张能力和增长潜力。关于国泰君安国际国泰海通集团下属公司国泰君安国际（股票代号：1788.HK）,是中国证券公司国际化的先行者和引领者，公司是首家通过IPO于香港联合交易所主板上市的中资证券公司。国泰君安国际以香港为业务基地，并在新加坡、越南和澳门设立子公司，业务覆盖全球主要市场，为客户境外资产配置提供高品质、多元化的综合性金融服务，核心业务包括财富管理、机构投资者服务、企业融资服务、投资管理等。目前，国泰君安国际已分别获得穆迪和标准普尔授予"Baa2"及"BBB+"长期发行人评级，MSCI ESG"A"评级, Wind ESG"A"评级及商道融绿ESG"A"评级，同时其标普全球ESG评分领先全球84%同业。公司控股股东国泰海通证券（股票代号：601211.SH/2611.HK）为中国资本市场长期、持续、全面领先的综合金融服务商。更多关于国泰君安国际的资讯请见:https://www.gtjai.com Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

国泰君安国际助力卧安机器人成功登陆香港联交所主板

December 30, 2025

香港, 2025年12月30日 - (亚太商讯 via SeaPRwire.com) - 国泰海通集团下属公司国泰君安国际控股有限公司（"国泰君安国际"或"公司"，股份代号：1788.HK）作为联席保荐人、整体协调人、联席全球协调人、联席账簿管理人及联席牵头经办人，成功助力卧安机器人（深圳）股份有限公司（"卧安机器人"，股份代号：6600.HK）于香港联合交易所主板挂牌上市。本次卧安机器人全球发售最终定价每股H股73.80港元，全球发售共22,222,300股H股（其中香港发售2,222,300股H股，国际配售20,000,000股H股），绿鞋前集资规模约为16.4亿港元，为公司发展注入关键资本动能。此次发售也获得了境内外机构投资者的踊跃认购，香港公开发售认购倍数254.5倍，国际配售认购倍数8.9倍。公司成功引入了包括高瓴、Cithara、无极资本、中国东方、Yield Royal、观博资本及锐智资本作为基石投资者，基石投资占比全球发售约42.68%，有效巩固公司的资本基础与市场信用，支持其在研发投入、产品矩阵扩张及海外渠道深化等关键领域进行持续的中长期投入。在此项目中，国泰君安国际充分发挥集团境内外一体化平台优势，凭借贯穿全程的专业服务与高效执行，为卧安机器人提供了全方位的资本市场支持，展现了其在服务前沿科技企业方面的深厚实力。国泰君安国际在本项目中提供了涵盖全流程的精准服务：在方案设计阶段，紧密结合资本市场窗口与公司发展需求，完善发行方案与关键路径，有效提升项目推进效率；在执行过程中，高效统筹公司、监管机构及中介团队，确保各关键节点高质量落地；在价值传递环节，围绕公司构建智能家庭机器人产品生态系统的核心逻辑，精心组织投资者沟通，强化市场理解与预期管理；在发行定价阶段，依托覆盖广泛的国际投资者网络与强大的分销能力，有力支持订单结构优化与定价效率提升。继人形机器人领域代表性项目优必选科技（股份代号：9880.HK）及协作机器人领域代表性项目越疆（股份代号：2432.HK）之后，卧安机器人（股份代号：6600.HK）的成功上市，标志着国泰君安国际在具身智能及机器人产业链的资本市场服务中，已建立覆盖"价值梳理—合规推进—全球路演—簿记定价—配售交割"的系统化执行能力，并形成从上市前融资到国际投资者触达的一体化投行服务闭环。未来，国泰君安国际将继续发挥跨境资本市场服务能力，助力更多中国科技企业借力香港国际金融中心，加速全球化布局与高质量发展。关于卧安机器人卧安机器人成立于2015年。区别于传统单体智能家居设备与普通家庭机器人，公司通过落地"家庭机器人系统"路径，融合AI、机器人及物联网技术，以决策智能中枢实现实时环境感知、多设备协作与边缘智能处理，覆盖智能操控、家务劳动、智慧管家、养老护理、安全防护及能源管理等多元家庭场景。作为全球家庭机器人系统行业的研发实践者，公司拥有311项专利（其中56项发明专利），研发团队占员工总数约43%。截至2025年12月11日，公司注册用户逾350万，连接设备累计逾1,080万台（约55.9%的注册用户连接两款或以上产品）。产品销往全球逾90个国家及地区，并在全球逾2,000间线下零售店可供购买。关于国泰君安国际国泰海通集团下属公司国泰君安国际（股票代号：1788.HK）,是中国证券公司国际化的先行者和引领者，公司是首家通过IPO于香港联合交易所主板上市的中资证券公司。国泰君安国际以香港为业务基地，并在新加坡、越南和澳门设立子公司，业务覆盖全球主要市场，为客户境外资产配置提供高品质、多元化的综合性金融服务，核心业务包括财富管理、机构投资者服务、企业融资服务、投资管理等。目前，国泰君安国际已分别获得穆迪和标准普尔授予"Baa2"及"BBB+"长期发行人评级，MSCI ESG"A"评级, Wind ESG"A"评级及商道融绿ESG"A"评级，同时其标普全球ESG评分领先全球84%同业。公司控股股东国泰海通证券（股票代号：601211.SH/2611.HK）为中国资本市场长期、持续、全面领先的综合金融服务商。更多关于国泰君安国际的资讯请见:https://www.gtjai.com Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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

December 29, 2025

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

美联股份港交所挂牌上市：行业前三的工业预制钢结构解决方案提供商开启资本市场新阶段

December 29, 2025

香港, 2025年12月30日 - (亚太商讯 via SeaPRwire.com) - 2025年12月30日，美联钢结构建筑系统（上海）股份有限公司（以下简称“美联股份”）正式在香港交易所主板挂牌上市，标志着公司完成登陆国际资本市场的重要一步，并由此开启面向公众投资者的全新发展阶段。此次成功上市，不仅是美联股份发展历程中的关键节点，也使工业预制钢结构这一长期服务制造业的细分领域，首次以更为清晰的业务样本进入资本市场视野。作为一家聚焦工业领域的预制钢结构建筑解决方案提供商，美联股份围绕制造业厂房及工业项目建设需求，提供涵盖设计优化、采购、制造及现场安装在内的一体化分包服务。根据弗若斯特沙利文报告，按 2024 年收入计，公司在中国工业预制钢结构建筑市场中排名第三。稳定的经营规模，构成上市后的基本盘从经营表现看，美联股份已形成相对稳定的业务规模。招股书披露，2022 年至 2024 年，公司收入分别约为 19.03 亿元、14.53 亿元及 15.23 亿元人民币，整体维持在十多亿元水平。其中，预制钢结构建筑分包服务始终为核心收入来源，2024 年该业务实现收入约 12.41 亿元人民币，占总收入的 81.5%，显示出公司对工业预制钢结构主业的高度聚焦。在项目型业务特征较为突出的背景下，公司盈利结构亦保持相对稳定。2022 年至 2024 年，美联股份整体毛利率分别为 12.7%、14.8% 及 12.5%，核心分包业务毛利率长期维持在 13%–15% 区间，反映出公司在项目管理、成本控制及交付能力方面已形成较为成熟的运营体系。与此同时，招股书显示，公司经营活动现金流表现稳健，流动性状况良好，为业务持续推进和项目执行提供了必要的资金支撑。工业建筑长期逻辑清晰，海外业务成为增量补充从行业层面看，工业预制钢结构建筑主要服务于制造业厂房及工业项目，其需求与制造业投资周期高度相关。随着制造业向高端化、规模化及集约化方向演进，工业项目对建设效率、结构安全性及系统集成能力的要求不断提高，预制钢结构在工业建筑中的应用具备较为明确的产业逻辑。在深耕国内工业市场的同时，美联股份亦逐步拓展海外相关业务。招股书披露，公司工业环保装备业务的收入主要来自海外市场，该板块收入由 2022 年的约 3,182 万元人民币增长至 2024 年的约 1 亿元人民币，同期毛利率提升至 18.9%。相关业务已覆盖多个海外市场，并取得中、美、欧及加拿大等地认证，为公司跨区域项目执行及海外拓展奠定基础。以港股上市为新起点，推进工业建筑长期布局完成在港交所的挂牌上市后，美联股份正式进入公众资本市场体系。结合招股书披露的发展方向，公司未来将继续围绕工业建筑领域深化布局，在巩固工业预制钢结构核心业务的同时，推动不同业务板块之间的协同，并稳步推进海外市场拓展。在制造业投资周期、工业建筑升级及海外需求逐步释放的背景下，美联股份以多年项目积累、稳定的收入规模及逐步成型的海外布局，构建起可验证的业务基础。随着上市平台的搭建完成，公司在工业预制钢结构这一细分领域的经营能力与发展路径，将在更高透明度和更广泛市场参与下持续推进。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Autonomous Driving Enters the Core Value Realization Phase: What Anchors CIDI’s Valuation?

December 29, 2025

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

算力突围时刻！累计5.2万+出货的量产王者天数智芯叩响港交所大门

December 29, 2025

香港, 2025年12月29日 - (亚太商讯 via SeaPRwire.com) - 当大语言模型掀起全球算力军备竞赛，通用GPU作为「AI发动机」的战略价值愈发凸显。中国160万片年出货量的算力蓝海，正呼唤自主可控的核心力量。近期，上海天数智芯半导体股份有限公司通过港交所聆讯，以硬核实力撑起中国通用GPU脊梁，成为这场国产突围的中坚力量，这家手握5.2万+出货量与290 +客户资源的企业，即将以资本新姿态角逐全球赛道。全栈自主技术护航铸就算力产业标杆自2015年成立以来，天数智芯始终坚守「全栈自主可控」的核心技术路线，十年磨一剑构筑起不可复制的行业壁垒，其技术实力与产品价值更通过市场化成果充分验证。公司从芯片架构、指令集到编译器、函数库的全链条核心IP自主研发，摆脱外部技术依赖，不仅契合国家算力安全的战略需求，更成为国产通用GPU自主创新的标杆。依托软硬件一体化的全栈技术体系，公司打造了涵盖通用GPU芯片、加速卡及定制化AI算力解决方案的产品矩阵，将自主硬件与专属软件栈深度融合，兼具生态友好性与广泛适用性，实现「开箱即用」的优质用户体验，客户只需进行极少的代码重构或修改即可使用，大幅降低客户应用部署门槛。在性能与应用方面，公司产品表现突出。训练产品「天垓」系列采用7nm先进工艺打造，作为国内首批量产的训练通用GPU，单卡可支持参数规模约700亿的大语言模型运行，集群部署时性能线性跃升且精度差异控制在0.6%以内；推理产品「智铠」系列则针对整数计算单元与数据通路进行专属优化，兼容主流量化算法与推理引擎，部分型号功耗可低至75W以适配边缘场景。凭借「先进工艺赋能性能+场景优化控制成本」的双重优势，产品兼具强劲性能与高性价比，赢得了市场的广泛认可。截至2025年6月30日，公司累计出货量已超过5.2万片，服务超290家跨行业客户，在包括金融服务、医疗保健及运输等重要领域实现超过900次部署与应用，商业化成果位居行业前列。高研发精准赋能商业化转化提速技术壁垒与财务韧性形成双重护城河，揭开公司「稳健扩张」的底层逻辑。财务结构持续优化的同时，公司展现出强劲的增长动能：2022-2024年营收从1.89亿元飙升至5.39亿元，复合年增长率高达68.8%；2025年上半年收入3.24亿元，同比激增64.2%，已完成2024年全年营收的60%，增长节奏持续提速；通用GPU产品毛利率从2022年到2024年稳定在50%左右；净亏损率从2022年292.3%收窄至2024年165.4%，2025年上半年经调整净亏损同比收窄16.7%，尽管因行业研发投入属性还未能止损，但盈利路径愈发清晰。在资金使用效率上，天数智芯同样表现亮眼。公司研发投入始终保持高强度加码，研发费用从2022年4.57亿元持续增至2024年7.73亿元，两年间增长69.1%；与此同时，研发成果的商业化转化成效显著，营业收入从2022年1.89亿元快速攀升至2024年5.40亿元，两年增长185.7%，营收增速远超研发费用增速，推动研发投入占比从241.1%稳步降至143.2%。高效的资金运用，让每一分研发投入都转化为实实在在的量产能力与市场竞争力：「天垓」系列训练型GPU和「智铠」系列推理型GPU总计五次产品迭代，均顺利实现「研发 - 量产 - 商业化」的完整闭环，未出现技术落地或市场验证的断层；更值得关注的是，从2021年天垓Gen1推出到2024年Gen3成功量产，既印证了研发团队深厚的技术沉淀与高效的执行能力，也彰显出「持续研发投入+快速商业化反馈」的稳健经营作风，为长期技术竞争与盈利突破奠定了坚实基础。在国产化率预计将从2024年3%向2029年37.9 %冲刺的赛道上，作为唯一实现训练及推理全场景量产的企业，天数智芯可对标全球GPU企业成长曲线，叠加5.2万片出货量构建的规模优势，成为资本市场稀缺的「技术+量产」双驱动标的。募资明确战略规划展现清晰成长路径与价值预期如果不出意外，天数智芯将会在2026年1月登陆香港资本市场。此次赴港上市不仅是公司发展历程中的重要里程碑，更彰显了国产自主通用GPU企业迈向资本化、加速规模化发展的坚定步伐。作为国内通用 GPU 赛道的「量产先锋」，天数智芯此次IPO的募资规划尽显战略定力，为投资者勾勒出清晰的成长蓝图本次IPO，天数智芯已就募集资金用途作出明确战略规划：约80%将用于研发公司的产品及解决方案，包括在未来五年内投入通用GPU芯片及加速卡的研发与商业化进程、通过扩充研发团队规模攻坚专有软件栈研发，以及布局AI算力一体化解决方案的技术突破；约10%将在未来五年内用于销售及市场推广，涵盖海内外渠道拓展、品牌建设及重点行业渗透；约10%将作为营运资金及一般企业用途，为公司日常经营周转及潜在战略布局提供稳定资金保障。清晰的战略规划，一方面能够帮助公司精准聚焦核心技术研发，持续巩固公司在通用GPU及AI算力领域的技术壁垒与竞争优势，为产品迭代升级和商业化落地筑牢根基；另一方面，通过系统化的市场投入，公司能够加速市场份额拓展与品牌价值提升，夯实公司营运基础，为长期稳定发展提供全方位支撑，彰显公司深耕核心赛道、实现可持续增长的坚定决心，也为市场投资者展现清晰的成长路径与价值预期。生态开放合作共赢上市赋能长期发展算力竞争的终极战场在生态。在生态构建方面，天数智芯积极践行开放合作理念，通过跨技术栈的战略协同，与行业核心参与者建立了稳固的合作关系，合作版图广泛覆盖x86、ARM及RISC-V架构的CPU制造商，支持OAM、PCIe及高密度整合系统的服务器厂商，及主要操作系统及云服务提供商。通过友商的深度合作，天数智芯能够持续提升核心技术研发能力，精准开发特定场景的定制化解决方案，同时进一步拓宽平台兼容性。这种「技术持续创新+生态系统拓展」的双轮驱动模式，使公司能够精准把握通用GPU市场的增长机遇，实现规模化发展与核心竞争力提升的双向赋能。从行业发展前景来看，中国通用GPU市场正处于高速扩张的黄金赛道。根据弗若斯特沙利文数据显示，2024年的出货量达到1.6百万片，2022年至2024年的复合年增长率高达72.8%。未来增长势头依旧强劲，预计2025年至2029年期间，市场出货量将以33.0%的复合年增长率持续攀升。行业的快速发展，为中国自主通用GPU企业提供了广阔的发展机遇。秉持长期主义发展理念，天数智芯凭借深厚的技术积淀、持续的研发创新实力及精准的市场战略布局，已在通用GPU领域内牢固建立起显著竞争优势，铸就了稳固的行业领先地位。此次赴港上市，将成为公司打通国际资本市场融资渠道、加速技术迭代与提升全球品牌影响力的重要里程碑。未来，公司将继续深耕通用GPU核心赛道，推动中国通用GPU行业突破「国产替代」的范畴，助力中国通用GPU产品在国际舞台绽放光彩。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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

December 28, 2025

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

美联股份冲刺港股上市：行业前三的工业预制钢结构解决方案提供商海外增长曲线逐步显现

December 28, 2025

香港, 2025年12月29日 - (亚太商讯 via SeaPRwire.com) - 随着制造业投资逐步回暖，工业项目建设节奏持续推进，工业建筑正加速向标准化、预制化方向演进。在这一背景下，工业预制钢结构建筑在制造业厂房及大型工业项目中的应用不断扩大。上市进入最后阶段之际，美联钢结构建筑系统（上海）股份有限公司（以下简称“美联股份”）即将于12月30号登陆港交所，其所处的工业预制钢结构细分赛道，正进入资本市场视野。工业预制钢结构建筑属于典型的工业建设细分领域，其需求主要来自制造业厂房及工业项目，对建设效率与交付能力具有较高要求。相比住宅及商业建筑，工业建筑更强调建设效率、结构稳定性以及与生产系统的适配能力。汽车、医药、食品饮料、机械电子及物流等制造业领域持续扩产，使工业预制钢结构建筑在工业项目中的应用具备较强的产业属性。围绕这一需求，美联股份形成了相对清晰的业务定位。招股书显示，公司并非单一钢结构加工商，而是聚焦工业领域的一体化预制钢结构建筑解决方案提供商，围绕工业厂房及制造业项目，提供涵盖设计优化、采购、制造及现场安装在内的全流程分包服务。根据弗若斯特沙利文报告，按 2024 年收入计，美联股份在中国工业预制钢结构建筑市场中排名第三，在行业整体较为分散的背景下，美联股份已经形成了较为明确的行业位置。从经营数据看，公司已建立起稳定的业务基本盘。招股书披露，2022 年至 2024 年，美联股份收入分别约为 19.03 亿元、14.53 亿元及 15.23 亿元人民币，整体维持在十多亿元规模。其中，预制钢结构建筑分包服务为核心收入来源，2024 年该业务收入约为 12.41 亿元人民币，占总收入的 81.5%，反映出公司对工业预制钢结构主业的高度集中。盈利结构方面，公司呈现出典型的工业项目型特征。2022 年至 2024 年，公司整体毛利率分别为 12.7%、14.8% 及 12.5%，核心分包业务毛利率长期维持在 13%–15% 区间。进入 2025 年，随着部分大型工业项目集中推进，公司上半年实现收入约 14.24 亿元人民币，显示出项目执行节奏对阶段性业绩释放的影响。从行业中长期维度看，中国工业建筑领域的预制钢结构渗透率仍处于相对较低水平，制造业投资升级、工期压缩需求及绿色建造政策持续推进，为行业提供了现实的需求基础。同时，东南亚等新兴制造基地加快承接全球产能转移，也为具备跨区域交付能力的企业带来新的项目来源。在此背景下，美联股份的海外业务布局逐步显现。招股书披露，公司工业环保装备业务的收入主要来自海外市场，该板块收入由 2022 年的约 3,182 万元人民币增长至 2024 年的约 1 亿元人民币，毛利率同期提升至 18.9%。相关业务已覆盖多个海外市场，并取得中、美、欧及加拿大等地认证，为跨区域项目执行提供了条件支撑。完成在港交所的挂牌上市后，美联股份有望借助资本市场平台，进一步巩固其在工业预制钢结构细分领域的行业位置。依托已形成的工业客户基础、稳定的项目交付能力及逐步拓展的海外业务布局，公司在承接工业项目、优化业务结构及提升规模化运营能力方面，具备持续推进的现实基础。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

联泓新科PO装置、VC装置成功投产

December 28, 2025

香港, 2025年12月29日 - (亚太商讯 via SeaPRwire.com) - 2025年12月22日，联想控股（3396.HK）旗下联泓新科控股子公司联泓格润和华宇同方先后传来好消息：联泓格润一体化项目30万吨/年PO装置和华宇同方4000吨/年锂电添加剂VC装置在同一天实现一次开车成功，产出合格产品。上述装置的投产，进一步丰富了联泓新科的产品、显著提升产品规模，有利于公司核心竞争力和综合盈利能力的进一步增强。联泓格润一体化项目 - 30万吨/年PO装置一次开车成功2025年12月22日10点28分，联泓格润一体化项目30万吨/年环氧丙烷（PO）装置和天然气制氢装置一次投料开车成功，顺利实现全流程贯通并连续产出合格产品，装置运行平稳。联泓格润PO装置采用国际领先的CHPPO技术路线，在催化剂等方面进行了技术改进，具有能效更优、副产品少、绿色环保等特点，能效水平较同类装置低10%。作为联泓格润一体化项目中的关键一环，PO装置对上游MTO装置产出的丙烯等进行深加工，生产的PO可为下游24万吨/年PPG装置和5万吨/年生物可降解材料PPC装置提供充足稳定的原材料。该装置投产后，联泓格润一体化项目打通了从原料甲醇到终端新材料产品的全流程，与公司现有生产基地以及产业链充分协同，产业链优势进一步显现。同时，也可让联泓新科产品结构更加丰富、产品规模显著提升，有利于核心竞争力和综合盈利能力进一步增强。华宇同方 - 4000吨/年锂电添加剂VC装置成功投产2025年12月22日23点56分，联泓新科控股子公司华宇同方在山东省济宁市汶上化工产业园投资建设的4000吨/年锂电添加剂碳酸亚乙烯酯（VC）装置成功投产，一次打通全流程，顺利产出合格产品。随着新型储能和新能源产业快速发展，锂电池市场需求不断攀升。作为锂电池电解液中用量最大的添加剂品类，VC用作有机成膜添加剂与过充电保护添加剂，可有效提高电池的容量和循环寿命，对锂电池综合性能的提升至关重要，备受市场关注，10月份以来市场价格上涨已超过260%。华宇同方VC装置以公司自产的碳酸乙烯酯（EC）为主要原料，在多个关键生产环节实现自主技术突破，具备更高转化率和更低能耗，产品纯度和技术水平行业领先。此次投产的锂电添加剂VC装置进一步丰富了联泓新科在新能源电池材料方面的产品布局。目前联泓新科已形成了包括锂电添加剂VC、锂电溶剂材料碳酸酯、锂电隔膜材料UHMWPE、钠离子电池材料、半固态/固态电池关键功能材料等在内的多元产品矩阵，在新能源电池材料领域的综合竞争力不断提升。未来，公司将继续深耕新能源电池材料赛道，通过创新为行业高质量发展注入更多动能。（文章内容来源于联泓新科）关于联泓新科联泓新材料科技股份有限公司是联想控股股份有限公司（3396.HK）旗下一家新材料产品和解决方案供应商，于2020年12月8日在深圳证券交易所挂牌上市，股票简称"联泓新科"，股票代码"003022"。联泓新科专注于先进高分子材料和特种精细材料的生产、研发与销售，是高新技术企业、国家级"绿色工厂"，已连续多年上榜"中国石油和化工民营企业百强"、"山东省石油和化工行业百强"、"山东省化工新材料十强"，荣获"全球新能源企业500强"、"中国卓越管理公司"、"山东省优秀企业"、"山东省特色产业集群龙头企业"、"山东省勇于创新奖"、"山东省五一劳动奖状"、"山东省全员创新企业"、"山东省技术创新示范企业"、"山东省高端化工领域高质量发展重点企业"、"山东省民营企业创新100强"、"最具品牌影响力新材料企业"、"山东名牌产品"等荣誉称号。公司董事长郑月明先生获评"全国优秀企业家"、"中国石油和化工行业影响力人物"、"山东省优秀企业家"、"金牛企业领袖奖"，为第十三届及第十四届全国人大代表、第十三届全国工商联执委、第十四届山东省工商联副主席；公司股票已入选深证成指、深股通、富时罗素大盘股、沪深300备选股，连续两年上榜中国上市公司市值500强。消息来源：联想控股微空间 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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

December 26, 2025

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

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

December 25, 2025

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

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

December 25, 2025

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

全球AGI第一股即将来袭！MiniMax过聆讯以普惠之力撬动千亿市场

December 24, 2025

香港, 2025年12月24日 - (亚太商讯 via SeaPRwire.com) - 近年来，全球人工智能行业经历了一轮前所未有的快速扩张。作为行业发展的核心方向，通用人工智能（AGI）正从实验室走向产业化落地。与此同时，行业格局也迎来深刻的结构性变革，早期"百模大战"的野蛮生长时代已然落幕，市场从数量竞争转向质量竞争，行业集中度持续大幅提升。真正具备持技术实力、并已验证商业化路径的公司，正从过往的喧嚣中脱颖而出。在这场行业洗牌中，MiniMax 无疑是站到最后的核心玩家之一。作为全球仅有的四家具备全模态自研能力的企业，它凭借技术硬实力与高效商业化表现，成为AGI赛道的领军者。12 月 21日， MiniMax通过港交所聆讯，距港股上市仅一步之遥，有望成为"全球 AGI 第一股"，为投资者提供参与AGI产业爆发的稀缺良机。行业标杆：从"百模大战"到"全球唯四"，技术护城河难以复制MiniMax从其诞生之日起便带着深刻的"AGI原生"基因。在行业普遍面临"烧钱"质疑与短期变现压力时，公司放弃短期流量玩法，选择了一条更为艰难但上限更高的"技术驱动"之路。这份战略定力，最终沉淀为坚实的技术护城河。与从单一模态切入的大多数企业不同，MiniMax自创立以来即专注于拓展全模态能力，是全球最早全面布局大模型研发的公司之一。这一选择，使公司在行业仍聚焦单一模态时，就已提前进入真实世界智能的研发路径。目前，MiniMax在文本、视频和语音等多个领域均推出具有全球竞争力的大规模商用大模型成为包括OpenAI、Google在内的全球唯四全模态进入第一梯队的公司，也是唯一一家创业公司，其稀缺性不言而喻。在权威测评中，其语音模型 Speech 02 力压国际巨头位列全球第一，视频模型 Hailuo 02 在 Artificial Analysis 视频评测中排名全球第二， 2025年10月新发布并开源的文本模型 MiniMax M2 发布即跻身全球前五、开源第一，成为首个跻身全球前五的中国开源大模型。。更重要的是，MiniMax将技术重点放在可扩展性，其底层技术路线从一开始就围绕着AGI长期演进方向而设计。公司通过算法创新，在显著提升模型能力的同时，有效降低训练和推理成本。同时，MiniMax并未将技术局限于算法层，而是同步构建高度可扩展的AI基础架构，能够根据实际要求，在模型训练和日常运行之间灵活调配算力资源，大幅提升整体资源利用率。在算力成本持续高企的行业环境下，这种高度可扩展的技术体系，使MiniMax能够在保持模型性能持续提升的同时，实现更低的边际成本与更强的规模化交付能力，确保持商业可行性。也正因如此，其全模态模型得以在文本、语音、视频等多个方向同步推进，而非被算力与成本所掣肘。以MiniMax M2为例，该产品推理速度是国际同行的近两倍，而定价仅为其 8%，实现了性能与成本的最优平衡，真正践行了"普惠 AI"的核心理念。商业落地：已验证的全球化增长飞轮对AI公司而言，技术是否能够转化为可持续收入，是资本市场最核心的评判标准之一。MiniMax并未停留在技术想象阶段，已构建起"模型即产品"的独特商业模式，形成了覆盖个人使用者、企业客户与开发者的多元产品与服务体系，实现了技术领先向商业价值的高效转化。一方面，MiniMax通过AI原生产品矩阵服务全球用户，付费模式涵盖订阅、应用内购买与增值服务，随着模型能力提升，用户付费意愿与单用户价值同步增长；另一方面，公司通过开放平台向企业与开发者提供模型能力，API调用与定制化服务逐步形成规模化收入来源。在 C 端市场，MiniMax 的自研全模态模型及 AI 原生应用已累计为来自超过 200 个国家及地区的逾 2.12 亿名个人用户提供服务。其旗下AI视频创作平台海螺 AI，凭借电影级画质与高效创作体验，通过口碑自然传播快速席卷全球，不仅积累了超10000名顶级AI艺术家/创作者生态，更与戛纳电影节、上海国际电影节等国际节展，以及纽约大学艺术学院、中国传媒大学等顶尖院校开展深度合作，联合孵化众多优质 AIGC 短片作品。根据灼识咨询的数据，其海螺AI通过用户的自然增长迅速成为全球最受欢迎的AI视频创作平台之一；Talkie／星野按截至2025年9月30日止九个月内平均月活跃用户计为全球第二大AI原生交互平台，其凭借千万级虚拟角色储备与高拟真情感交互能力，在海外市场形成现象级传播，成为众多用户的首选 AI 陪伴产品。在 B 端市场，公司开放平台服务覆盖全球100多个国家和地区的10 万家企业客户与开发者，日均处理超万亿 Token 请求，不仅接入阿里巴巴、腾讯、小米等国内巨头，更获得Google、亚马逊、微软三大国际云厂商同步上线支持，B端毛利率高达 69.4%，商业化能力经受全球市场检验。从 2023 年到 2025 年 9 月，MiniMax平均MAU从 310 万飙升至 2760 万，增长近 9 倍。更具说服力的是，其用户增长主要依靠产品力驱动的自然增长与口碑传播，而非高昂的买量。得益于用户规模的增长，MiniMax收入从2023年的346万美元，增至2024年的3052万美元，2025年前9个月，公司收入达到5344万美元，已大幅超过2024年全年，同比增加174.7%，进一步证明了其"技术突破-产品体验能力跃升 -使用者/客户增长与付费意愿提升-收入规模增长"的商业正循环已然成型。且其收入全为可持续性收入，截至2025年前9个月贸易应收款项周转天数仅为38天，收入质量优异。盈利方面， 2023年至2024年，MiniMax毛利率从-24.7%大幅优化至12.2%，并于2025年前9个月提升至23.3%，呈持续向好态势。在收入大幅增长的同时，2025年前9个月公司经调整净亏损仅小幅上升8.6%。这意味着公司每单位收入对应的亏损额大幅下降了60%，"亏损率"持续大幅收窄，意味其正式进入高质量、规模化的扩张轨道。这条从技术到收入的清晰路径，为上市后的盈利路径提供了坚实支撑。展望未来，随着AI对GDP的拉动效应逐步显现，行业将迎来爆发式增长。而市场格局的持续集中，将使像MiniMax这样已建立起技术、产品、商业化综合壁垒的头部玩家，获得更大的市场份额与更强的定价权。MiniMax累计仅花费5亿美元，就实现全模态全球领先，展现出极高的资本利用效率；账上11亿美元现金储备可支持超53个月运营，上市并非为"输血"而是进军全球市场的"门票"。其全模态的技术积累具备高度复用性，可向更广泛的场景迁移，持续享受行业增长红利。在这场席卷全球的AI革命中，MiniMax的故事才刚刚开始，其未来表现值得市场持续高度关注。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

AEON Credit Service Net Profit Surges 28.1% to HK$352.7 Million for First Nine Months of FY2025/26

December 23, 2025

HONG KONG, December 23, 2025 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2025 (the “first nine months of FY2025/26” or the “Reporting Period”).During the Reporting Period, despite a mixed economic environment, the Group demonstrated strong operational resilience. The Group’s revenue recorded a steady increase of 4.1% to HK$1,358.1 million compared with the “first nine months of FY2024/25” (the “Previous Period”). With enhanced operational efficiency, cost-to-income ratio decreased to 44.3% from 46.8% in the Previous Period. Operating profit before impairment losses and allowances rose by 9.9% to HK$712.9 million. Supported by a 10.2% decrease in impairment losses and impairment allowances, profit after tax for the Reporting Period surged by 28.1% to HK$352.7 million (Previous Period: HK$275.3 million), with earnings per share increasing to 84.22 HK cents (Previous Period: 65.74 HK cents).Amidst subdued consumer spending and elevated credit default rates in the market, the Group adopted a prudent portfolio management strategy, focusing on balancing customer base expansion with credit risk mitigation. The Group’s effective credit risk monitoring and enhanced credit assessment model led to a continued improvement in asset quality, with the percentage of impaired credit to gross advances and receivables decreasing to 4.0% as at 30th November 2025.In parallel, the Group optimised its marketing efforts to increase the effectiveness of its marketing and promotion expenditure. This included refining its preferential pricing mechanism to increase competitiveness and launching tactical spending campaigns targeting specific customer segments. Furthermore, strategic collaborations with merchants on consumer durables, coupled with card instalment plans after purchase, gained significant popularity among younger demographics, with an increasing number of customers actively using this service.Meanwhile, the Group continued to prioritise investment in digitalisation and security enhancements to improve customer experience. This included a new “change PIN” button being introduced in the “AEON HK” Mobile App (“Mobile App”), the replacement of Short Message Service (SMS) One-Time Password (OTP) notifications with in-app authentication for e-commerce transactions, and the upcoming integration of loan applications from different channels within the Mobile App. Further advancements in data analysis tools have also increased the effectiveness of marketing, credit assessment and credit management activities.Looking ahead, the Group’s strategic focus will be on sustaining growth in both domestic and online transaction volumes, while simultaneously refining credit assessment mechanisms to ensure the maintenance of a high-quality asset portfolio. Targeted campaigns and incentives will be deployed to expand market share, particularly by leveraging competitive interest-rate financial products as a key tactic to attract customers with strong credit records. In addition, a major upcoming initiative is the launch of an integrated bonus point platform to facilitate seamless accumulation and redemption of rewards from AEON Cards and partner merchants. This initiative aims to boost credit card usage, enhance customer convenience, and strengthen loyalty.Meanwhile, operational efficiency and card security will be continuously enhanced through the accelerated integration of Artificial Intelligence to automate routine back-office tasks, improve accuracy, and strengthen authorization and fraud detection mechanisms. Furthermore, the Group is committed to minimising its environmental impact by focusing on reducing its carbon footprint through the implementation of fully paperless loan processes, the adoption of energy-efficient digital payment solutions, and other energy-saving initiatives.Mr Wei Aiguo, Managing Director of AEON Credit, said, “Despite Hong Kong’s gradual economic recovery being tempered by certain headwinds, we are pleased to report an exceptional increase in profit after tax for the first nine months of FY2025/26. This achievement reflects the success of our prudent portfolio management strategy and our focus on enhancing asset quality. We remain committed to providing exceptional credit services that meet evolving customer needs and expanding our customer base by offering innovative, customised products. With our strong liquidity, robust balance sheet, and clear strategic focus, we are confident in our ability to navigate the market headwinds, capitalise on growth opportunities, and deliver sustainable value to our shareholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987, registered as a Hong Kong limited company in 1990, and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes credit card issuance, personal loan financing, card payment processing services and insurance intermediary business in Hong Kong, and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

AEON信贷财务二零二五/二六年度首九个月净利润跃升28.1%至3.527亿港元

December 23, 2025

香港, 2025年12月23日 - (亚太商讯 via SeaPRwire.com) - AEON信贷财务（亚洲）有限公司（"AEON信贷财务"或"集团"；股份代号：00900）今日公布截至二零二五年十一月三十日止九个月之业绩（"二零二五/二六年度首九个月"或"报告期间"）。于报告期间，尽管经济环境复杂，集团展现了强大的营运韧性。集团收入录得稳健增长，较二零二四/二五年度首九个月（"去年同期"）增加4.1%至1,358,100,000港元。随着营运效率提升，支出对收入比率由去年同期的46.8%下降至44.3%。扣除减值亏损及减值准备前之营运溢利上升9.9%至712,900,000港元。在减值亏损及减值准备减少10.2%的支持下，报告期内的税后溢利跃升28.1%至352,700,000港元（去年同期：275,300,000港元），每股盈余增加至84.22港仙（去年同期：65.74港仙）。在消费支出疲软及市场信用违约率上升的情况下，集团采取审慎的贷款组合管理策略，优先考虑于扩大客户群与信贷风险缓解之间取得平衡。集团有效的信贷风险监控及改善的信用评估模型，带动资产质素持续改善，于二零二五年十一月三十日，信贷亏损占客户贷款及应收款项总额的百分比下降至4.0%。与此同时，集团优化了其行销策略，以提升其行销推广支出的效益。这包括完善其优惠定价机制以提高竞争力，以及针对特定客户群推出策略性消费活动。此外，与商家在耐用消费品方面的策略合作，加上购买后的信用卡分期付款计划，深受年轻族群的欢迎，越来越多的客户积极使用这项服务。集团亦持续优先投资于数码化及安全强化，以改善客户体验。这包括在"AEON HK"手机应用程式（"手机应用程式"）中引入新的"更改密码"按钮、于电子商务交易以手机应用程式内身份验证取代短讯一次性密码通知，以及即将在手机应用程式中整合来自不同渠道的贷款申请。数据分析工具的进一步改善亦提高了行销、信用评估和信用管理活动的有效性。展望未来，集团的策略重心将是维持本地和线上交易量的持续增长，同时完善信用评估机制，以确保维持高质素的资产组合。将采取有针对性的活动和奖励措施来扩大市场份额，特别是利用具竞争力的利率金融产品作为吸引信贷记录良好的客户的关键策略。此外，即将推出的一项重大举措是启动一个综合奖励积分平台，以促进AEON信用卡和合作商户的无缝累积和兑换奖励。此措施旨在提高信用卡使用率、提高顾客便利性并增强顾客忠诚度。与此同时，营运效率及信用卡安全性将透过人工智能的加速集成以实现后台日常任务自动化、提高准确性及加强授权和诈骗检测机制而持续提升。此外，集团致力于透过实施完全无纸化贷款流程、采用节能数码支付解决方案及其他节能措施来减少碳足迹，从而最大限度地减少对环境的影响。AEON 信贷财务董事总经理魏爱国先生表示："尽管香港逐步的经济复苏受到一定挑战，集团在二零二五/二六年度首九个月的税后溢利录得卓越增长，对此我们深感欣慰。这反映了我们审慎的贷款组合管理策略及注重提升资产质素的成果。我们一直致力于提供卓越的信贷服务，以满足不断变化的客户需求，并计划通过提供创新和定制产品来扩大我们的客户群。凭借我们充裕的资金流动性、稳健的资产负债表及清晰的策略重心，我们有信心能够应对市场挑战，把握增长机遇，并为股东创造可持续的价值。"关于AEON信贷财务（亚洲）有限公司（股份代号：00900）AEON信贷财务（亚洲）有限公司为AEON Financial Service Co., Ltd.之附属公司（东京证券交易所编号：8570）及AEON集团旗下公司，成立于1987年，并于1990年注册成为香港有限公司，及后于1995年在香港联合交易所有限公司主板上市。集团主要从事金融业务，包括香港信用卡签发、私人贷款、信用卡付款处理服务、保险中介业务，以及中国内地小额金融业务。详情请浏览公司网址：www.aeon.com.hk。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

“固本强基专业赋能”：福寿园（01448.HK）祝启铭斩获”年度卓越董秘” 彰显价值共生之道

December 23, 2025

香港, 2025年12月23日 - (亚太商讯 via SeaPRwire.com) - 在资本市场中，董秘是连接上市公司与投资者的核心纽带，其专业能力直接关系到公司治理透明度、投资者信任度与市场价值传递效率。2025年12月22日，国内领先的殡葬及生命科技服务提供者福寿园（01448.HK）再添荣誉——公司董秘祝启铭先生成功斩获格隆汇年度"金格奖"之"年度卓越董秘"称号。这一荣誉不仅是对祝启铭先生个人专业素养的高度认可，更折射出福寿园在行业转型期坚守公司治理本质、持续优化投资者关系的坚实实力。一、格隆汇年度"金格奖"揭晓：福寿园祝启铭跻身"年度卓越董秘"行列2025年12月22日，中国领先的全球投资研究平台格隆汇以线上形式举办"科技赋能·资本破局"主题分享会。作为活动的核心环节，格隆汇"金格奖"年度卓越公司评选榜单正式揭晓，其中"年度卓越董秘"奖项覆盖港股、A股、美股三大市场的中国上市公司，最终爱尔眼科吴士君、福寿园（01448.HK）祝启铭、海信家电张裕欣等8位董秘（按公司首字母顺序排列，排名不分先后）凭借突出的年度表现脱颖而出。（图片来源：公开资料）这一奖项的分量，源于主办方格隆汇的行业权威性。成立于2014年的格隆汇，前瞻的提出"全球视野，下注中国"理念，覆盖港、美、A三大市场，该平台专注为投资者与企业提供一站式投资融资服务，旗下产品矩阵完善，行业公信力突出。作为格隆汇核心评选IP——"金格奖"已连续举办6年，这一个在境内外资本市场权威且有影响力的评选，见证了中国企业的资本成长。而区别于普通商业奖项，其以"打造投资圈最具参考价值榜单"为目标，采用"定量数据+专家评审"双维度体系：定量考核信息披露、股权管理等硬性指标；定性由资深分析师、机构投资者等组成评审团，评估公司治理、股东价值维护等软性能力。这套严谨的评选机制，使"年度卓越董秘"成为衡量董秘专业能力的行业标杆准则之一。"年度卓越董秘"奖项的设立，并非单纯表彰董秘的行政事务能力，更旨在凸显其作为上市公司"资本市场外交官""投资者价值窗口"的核心角色——董秘既是公司治理的"守护者"，确保信息披露准确合规；也是投资者关系的"沟通者"，搭建公司与市场之间的信任桥梁；更是股东价值的"传递者"，让投资者清晰感知公司长期发展逻辑。祝启铭先生此次获奖，正是对其2025年在上述维度持续深耕与卓越贡献的高度认可。二、福寿园的长期价值底座：稳健根基与治理升级董秘的专业表现离不开公司基本面与治理体系的双重支撑，扎实的业绩根基为价值传递赋予底气，而主动的治理升级则为高效履职提供保障。作为殡葬及生命科技服务龙头，福寿园在2025年行业调整期中展现出强劲的经营韧性，公司凭借"高现金、低负债"的财务结构，筑牢了风险抵御能力，即便在中期业绩承压的背景下，仍坚持宣派1.62亿港元股息，以实际行动回馈股东信任，彰显了稳健经营与股东回报并重的发展理念。在公司治理层面，2025年12月福寿园设立联席总裁制度，金磊屹先生与马剑亭先生获委任为联席总裁。拥有逾20年公墓运营与管理经验的金磊屹先生，主导业务拓展与数字化转型，负责公司战略规划、市场拓展；自2020年起担任CFO的马剑亭先生，负责统筹财务管控、供应链管理与品牌建设。二人与董秘祝启铭先生经验丰富、专业互补，三方合力形成"业务+财务+资本"的协同效应，推动公司管理架构向年轻化、专业化、集体化方向持续升级。不难看出，福寿园稳健的经营基本面与优化的治理结构，为祝启铭先生发挥专业能力提供了坚实基础，而董秘的出色表现又进一步提升了公司资本市场认可度，最终实现"公司实力—董秘专业—市场信任"的正向循环。结尾部分在当前行业转型的大背景下，福寿园不仅凸显出强劲的经营韧性，更通过治理结构升级的举措，彰显了上市公司的责任与担当。此次祝启铭先生荣获"年度卓越董秘"，不仅是对其个人专业能力的肯定，更将成为福寿园进一步提升治理水平、释放业务与资本协同效能、彰显长期投资价值的新起点。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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