Core Insights - The collaboration between SenseTime and Huawei Ascend has achieved a significant technological adaptation, marking a substantial advancement in the domestic AI computing infrastructure [1][3] - The SenseCore platform, in conjunction with the Ascend 384 super node, has reached industry-leading levels in functionality and performance metrics, addressing efficiency bottlenecks in large-scale parallel computing [3][4] Technological Advancements - The optimized hardware architecture and software system collaboration have provided reliable computing support for the intelligent transformation of industries such as finance, healthcare, and manufacturing [3] - The adapted SenseCore platform supports dynamic computing resource allocation in multi-tenant environments, capable of handling thousands of AI training and inference tasks simultaneously, enhancing resource utilization while reducing latency and energy consumption [3] R&D Initiatives - A multi-dimensional joint R&D plan has been initiated, focusing on accelerating large model inference technology, improving inference efficiency by over 40% through algorithm optimization and hardware acceleration [3] - Development of a one-click deployment solution for intelligent models is underway, facilitating rapid migration across platforms and scenarios [3] Industry Impact - As the first AI computing platform to achieve full-stack adaptation with the Ascend 384 super node, SenseCore's technological openness has garnered high recognition within the industry [4] - The complete toolchain covering data preprocessing, model training, and deployment inference provides a standardized technical paradigm for the integration and development of the domestic AI ecosystem [4] - The adaptation not only validates the technological maturity of domestic computing architecture but also accelerates collaborative innovation across the industry chain, forming a complete ecological loop from hardware to software and algorithms to applications [4]

Core Insights - TipTap AI, an AI-driven video creation tool, has gained significant popularity in overseas markets due to its unique feature of generating short videos with simple gestures [2][17] - The tool allows users to upload images or videos and draw motion paths to create dynamic clips without requiring video editing experience [2][17] - The product is currently free to use and has seen a large number of users experimenting with it on various platforms, particularly TikTok [17] Company Background - TipTap AI was co-founded by Yu Fengwei and Song Guanglu, both of whom have extensive experience in AI and computer vision [18][22] - The company is registered under Vivix Group Limited in Hong Kong, with its controlling entities located in Hangzhou and Shanghai [18] - The team is actively recruiting, indicating a focus on innovation in the AIGC (AI Generated Content) sector, with a clear target on overseas markets [24] User Engagement - The official TikTok account for TipTap AI has garnered over 400,000 likes, with individual videos reaching over 400,000 views [2] - Users have created various types of content, including animated character simulations and virtual interaction videos, showcasing the tool's versatility [17] Market Position - The tool's low entry barrier, instant feedback, and unique effects position it as a potential dark horse in the AI video creation industry [24]

Group 1 - The company Beijing Lier announced a strategic cooperation agreement with SenseTime and Xiwang Technology to explore AI computing power collaboration and the development of industrial manufacturing and decision-making AI vertical models [1] - The cooperation is a framework agreement, and specific cooperation details and implementation progress remain uncertain [1] - This collaboration is not expected to have a significant impact on the company's current performance [1]

Focus Events - China Securities Index Company will officially release four indices on September 11, 2025, including the CSI A500 Relative Growth Index and the CSI A500 Pure Value Index, providing diversified investment targets for the market [1] Important Data - The U.S. ADP employment data for August showed an increase of 54,000 jobs, which is below the market expectation of 65,000 and significantly lower than the revised 106,000 from the previous month, indicating a slowdown [2] - The probability of the Federal Reserve cutting interest rates in September has increased, with expectations of a total cut of 50 basis points within the year, which is seen as a supporting factor for rising gold prices in the fourth quarter [2] Macro News - The People's Bank of China announced a 1 trillion yuan reverse repurchase operation to maintain ample liquidity in the banking system, with expectations of a potential reserve requirement ratio cut in the fourth quarter [3] Industry Dynamics - The State Council issued a document aiming to release the potential of sports consumption, targeting a total scale of over 7 trillion yuan for the sports industry by 2030, with six key measures proposed [4] - The Ministry of Industry and Information Technology released a growth stabilization plan for the electronic information manufacturing industry for 2025-2026, proposing 16 specific measures to promote industry upgrades and innovation [6] Company Focus - Huawei launched its second-generation foldable smartphone Mate XTs with a starting price of 17,999 yuan, which is 2,000 yuan lower than the previous generation [9] - Hangzhou High-tech announced that all members of its board of directors have resigned due to a change in control [11] - Sino Medical was ordered to rectify due to information disclosure violations, with regulatory talks held with its chairman and others [14] - BYD reportedly lowered its 2025 sales target by 16% from 5.5 million to 4.6 million vehicles, a cautious decision ahead of the peak sales season [16] - China Pingmei Shenma Group signed a strategic cooperation framework agreement with LONGi Green Energy to collaborate in photovoltaic power generation and green hydrogen [17][18] - Junsheng Electronics reported collaborations with leading clients in the humanoid robot sector, including customized supply of control boards and battery systems [20] - Beijing Lier signed a strategic cooperation agreement with SenseTime and Xiwang Technology to explore AI computing power collaboration [22] - Kebo Da announced a plan to acquire 60% of Kebo Da Intelligent Technology for 345 million yuan, aiming to enter the automotive intelligence sector [24] - China Shipbuilding announced that China Heavy Industry's A-shares will be delisted on September 5, following a share swap merger [28] - Yutong Bus reported an 16.78% year-on-year increase in sales for August, with total sales for the year up 4.51% [29] - Ningbo Construction announced winning construction projects worth a total of 1.117 billion yuan [31]

Group 1 - The company, SenseTime-W (00020), announced the grant of a total of 1.36 billion restricted share units to senior grantees, defined as executive directors under the 2022 Restricted Share Unit Plan [1] - This grant is based on the company's board resolution adopted on June 20, 2022, and amended by the shareholder resolution dated June 26, 2024 [1]

為商湯集團股份有限公司（「本公司」）已發行股本中股份的登記持有人 （附註1） ，茲委任大會主席 （附註4） 或 地址為 為本人╱吾等的代表，代表本人╱吾等出席本公司謹訂於2025年9月23日（星期二）下午四時正假座香港沙田香港科學園科技大道東12號海 濱大樓一座五樓舉行的本公司股東特別大會（「股東特別大會」）（及其任何續會），以考慮及酌情通過召開所述大會通告所載的決議案，並於 該大會（及其任何續會）上代表本人╱吾等以本人╱吾等的名義按下列指示就決議案投票。 | 與本代表委任表格有關的 | A類股份 | | --- | --- | | 股份數目 （附註1） | B類股份 | 本人╱吾等 （附註2） 地址為 （於開曼群島註冊成立以不同投票權控制的有限公司） （股份代號：0020（港幣櫃台）及80020（人民幣櫃台）） 於2025年9月23日（星期二）舉行的股東特別大會（或其任何續會）適用的代表委任表格 日期：2025年 月 日 簽署 （附註7） ： 普通決議案# 贊成 （附註5及6） 反對 （附註5及6） 1. (i) 謹此批准及確認根據2022年受限制股份單位計劃的條款及該等條款項下的適用的授出函 件的條款，向 ...

香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本通告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本通告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立以不同投票權控制的有限公司） （股份代號：0020（港幣櫃台）及80020（人民幣櫃台）） 股東特別大會通告 茲通告商湯集團股份有限公司（「本公司」）謹訂於2025年9月23日（星期二）下午 四時正假座香港沙田香港科學園科技大道東12號海濱大樓一座五樓舉行股東特別大會 （「股東特別大會」），藉以考慮下列事項： 普通決議案 考慮及酌情通過下列決議案為普通決議案（不論有否修訂）： – 1 – 1. 「動議： (i) 謹此批准及確認根據2022年受限制股份單位計劃的條款及該等條款項下的 適用的授出函件的條款，向徐立博士（為本公司執行董事）授出600,000,000 份受限制股份單位（該等授予的主要條款載於本公司日期為2025年9月4日 的通函（「該通函」）內）；及 (ii) 謹此授權任何一位董事（徐立博士、王曉剛博士、林達華博士、楊帆先生及 王征先生除外）採取一切相關的 ...

Core Viewpoint - SenseTime-W (00020.HK) announced the grant of a total of 1.36 billion restricted share units to senior grantees, specifically executive directors, as part of the company's incentive policy aimed at aligning the interests and welfare of the company with its employees [1] Group 1 - The grant of restricted share units is intended to maximize the motivation of executive directors, who play a crucial role in the success and development of the company [1] - The board, independent non-executive directors, and the remuneration committee considered several factors when determining the number of shares granted to each executive director, including their responsibilities, tenure with the group, past contributions, and potential future contributions [1] - The importance of the skills, knowledge, experience, and qualifications of the grantees in a high-tech company, which relies heavily on educated talent with necessary business and industry knowledge, was also taken into account [1] Group 2 - The incentive scheme aims to retain, encourage, and motivate executive directors and senior management for the long-term success of the company [1] - The determination of the grant levels was also influenced by current market practices and industry standards, as well as the incentive schemes offered to comparable companies [1]

此乃要件 請即處理 閣下如對本通函任何部份或應採取之行動有任何疑問，應諮詢 閣下之股票經紀或其他註冊證 券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下之商湯集團股份有限公司股份全部售出或轉讓，應立即將本通函連同隨附之代 表委任表格送交買主或承讓人或經手買賣之銀行、股票經紀或其他代理，以便轉交買主或承讓 人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部份內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立以不同投票權控制的有限公司） （股份代號：0020（港幣櫃台）及80020（人民幣櫃台）） 根據2022年受限制股份單位計劃有條件授出股份獎勵 及 股東特別大會通告 商湯集團股份有限公司謹訂於2025年9月23日（星期二）下午四時正假座香港沙田香港科學園 科技大道東12號海濱大樓一座五樓舉行股東特別大會，大會通告載於本通函第20至23頁。 亦隨附於股東特別大會適用的代表委任表格，該表格亦登載於香港聯合交易所有限公司網站 ( www.hkexnews.hk )及本 ...

香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本公告的內 容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立以不同投票權控制的有限公司） （股份代號：0020（港幣櫃台）及80020（人民幣櫃台）） 根據2022年受限制股份單位計劃有條件授出股份獎勵 本公告由商湯集團股份有限公司（「本公司」，連同其附屬公司及合併聯屬實體， 統稱「本集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 17.06A、17.06B及17.06C條作出。 於2025年9月4日，本公司根據本公司董事會（「董事會」）於2022 年6 月20日採納 的本公司受限制股份單位計劃（並根據日期為2024年6月26日的股東決議案修訂） （「2022年受限制股份單位計劃」）向高級承授人（按照2022年受限制股份單位計劃 下定義，即各為執行董事）授出合共1,360,000,000份受限制股份單位（「受限制股 份單位」）（「建議高級授出」）。詳情載列如下： | 授出日期： | 2025年9月4日 ...