Group 1 - The company signed a strategic cooperation memorandum with the Ministry of Industry and Mineral Resources of Saudi Arabia on September 26, 2025, focusing on deep collaboration in the field of industrial digital transformation and smart manufacturing [1] - The cooperation aims to enhance industrial production efficiency, product quality, and competitiveness, as well as to develop industrial supply chains and attract industrial investment and related technologies [1] - The Ministry of Industry and Mineral Resources is responsible for managing Saudi Arabia's industrial and mining sectors, including issuing regulations and encouraging investment in these areas [1] Group 2 - The company entered into a cooperation framework agreement with iFlytek to provide AI and robotics ecosystem development for the Saudi smart manufacturing project [2] - The collaboration includes building a smart robot training ground and pilot center, establishing an AI industry platform, and exploring applications of robotic super brain technology [2] - The partnership will also focus on AI and smart industrial application scenarios, as well as empowering the ecosystem and exploring AI and industrial office product applications [2]

Core Viewpoint - Company signed a strategic cooperation memorandum with the Ministry of Industry and Mineral Resources of Saudi Arabia to enhance industrial digital transformation and address challenges in advanced technology and industrial innovation [1][2][4] Group 1: Strategic Cooperation - The cooperation aims to improve industrial production efficiency, product quality, and competitiveness, as well as to develop industrial supply chains and attract industrial investments [1][4] - The partnership will focus on building a global smart manufacturing super complex and facilitating the entry of Chinese robotics companies into Saudi Arabia [1][4] Group 2: Collaboration with iFlytek - Company entered into a cooperation framework agreement with iFlytek to support the Saudi smart manufacturing project, emphasizing AI and robotics ecosystem development [3] - The collaboration includes building smart robot training grounds, AI industry platforms, and exploring applications of AI and smart industrial scenarios [3] Group 3: Economic and Industrial Goals - The Ministry of Industry and Mineral Resources aims to cultivate advanced manufacturing and innovation to enhance Saudi Arabia's global competitiveness and economic complexity [4] - The project seeks to improve supply chain conditions, increase productivity, localize advanced manufacturing sectors, and create high-skilled job opportunities [4] Group 4: Business Expansion and Innovation - The cooperation is seen as a significant milestone for the company in expanding its business from consumer-level IP to industrial-level IP, leveraging AI and Web3 technology [4] - The strategic agreements are expected to enhance the company's brand promotion services and create new business growth opportunities [4]

Core Viewpoint - The company has signed a strategic cooperation memorandum with the Ministry of Industry and Mineral Resources of Saudi Arabia to enhance industrial digital transformation and establish a smart manufacturing ecosystem in Saudi Arabia [1][2][4] Group 1: Strategic Cooperation - The strategic cooperation aims to address industrial challenges in advanced technology and innovation in Saudi Arabia, focusing on improving production efficiency, product quality, and competitiveness [1][4] - The cooperation includes developing training and promotional plans for industrial digital transformation and enhancing industrial infrastructure [1][2] Group 2: Collaboration with AI and Robotics - The company has entered into a framework agreement with iFlytek to support the smart manufacturing project, focusing on AI and robotics ecosystem development [3] - The collaboration will involve building a smart robot training ground, an AI industry platform, and exploring applications of AI in industrial settings [3] Group 3: Economic and Industrial Impact - The smart manufacturing project aims to cultivate advanced manufacturing and innovation in Saudi Arabia, enhancing global competitiveness and improving supply chain conditions [4] - The initiative is expected to localize new advanced manufacturing sectors, increase manufacturing exports, and create high-skilled job opportunities [4] Group 4: Business Expansion and Innovation - The cooperation is seen as a significant milestone for the company in expanding its business from consumer-level IP to industrial-level IP, leveraging AI and Web3 technology [4] - This strategic move is anticipated to enhance the company's brand promotion services and create new business growth opportunities [4]

Group 1 - Company signed a strategic cooperation memorandum with the Ministry of Industry and Mineral Resources of Saudi Arabia on September 26, 2025, focusing on deep collaboration in the field of industrial digital transformation [1] - The cooperation aims to enhance industrial production efficiency, product quality, and competitiveness, as well as to develop industrial supply chains and attract industrial investments [1] - The initiative includes building a global smart manufacturing super complex and assisting Chinese robotics companies in establishing operations in Saudi Arabia [1] Group 2 - A cooperation framework agreement was signed with iFlytek to provide AI and robotics ecosystem development for the Saudi smart manufacturing project [2] - The collaboration includes the establishment of a smart robot training ground and pilot center, as well as the construction of an artificial intelligence industry platform [2] - The partnership will explore applications of robotics super brain technology and AI in smart industrial scenarios [2]

Core Insights - The company signed a strategic cooperation memorandum with the Saudi Arabian Ministry of Industry and Mineral Resources to enhance industrial digital transformation and address challenges in advanced technology and industrial innovation [1][2] - The collaboration aims to improve industrial production efficiency, product quality, and competitiveness, while also developing industrial supply chains and attracting investments in technology [1][2] - The partnership with iFlytek focuses on building an AI and robotics ecosystem in Saudi Arabia, including the establishment of smart robot training grounds and pilot centers [1][2] Group 1 - The strategic cooperation memorandum was signed on September 26, 2025, focusing on deep collaboration in the field of industrial smart upgrades in Saudi Arabia [1] - The cooperation framework agreement with iFlytek aims to provide AI and robotics industry ecosystem construction for smart manufacturing projects in Saudi Arabia [1][2] - The initiative is expected to help cultivate local industrial capabilities in Saudi Arabia and create a regional hub for technology and manufacturing [1][2] Group 2 - The Saudi Ministry of Industry and Mineral Resources aims to enhance global competitiveness and economic complexity through advanced manufacturing and innovation [2] - The collaboration represents a significant milestone for the company in the Web3 domain, expanding from consumer-grade IP to industrial-grade IP [2] - The innovative business model is anticipated to create new growth opportunities for the company and positively impact its future development [2]

沙特工业和矿产部旨在透过沙特智慧制造项目培育先进制造业和创新，以提高工业知识和沙地的全球竞 争力，增强其经济复杂性，改善当前的供应链状况，提高生产力，本地化新的先进制造业部门，增加制 造业出口，引入有吸引力的高技能工作，并创造在相关全球制造业指数中实现跨越式发展的机会。 根据合作框架协议，公司与讯飞有意就沙特智慧制造项目提供 AI+机器人产业生态建设，包括共建智慧 机器人训练场及中试中心;建设人工智慧产业平台;共同探索机器人超脑技术场景应用;AI+智慧工业应用 场景建设;生态产业赋能及 AI+工业办公产品应用探索等。 智通财经APP讯，天机控股(01520)公布，于2025年9月26日，公司与沙乌地阿拉伯王国(沙特)工业和矿 产部(沙特工业和矿产部)签订了战略合作意向书，据此，双方就沙特工业智慧化升级领域达成深度合 作，制定工业数位化转型的培训和宣传计划，针对沙特在先进技术及工业创新领域相关的产业挑战提出 解决方案，加强工业生产效率、产品品质和竞争力以及工业城市基础设施方面的合作，发展工业供应 链，吸引工业投资和相关技术，促进产业融合，共同搭建面向全球的智慧制造超级复合体，协助中国的 机器人公司落地沙特。 为 ...

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，概不因本公告全部 或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。 沙特工業和礦產部是負責管理沙烏地阿拉伯工業和採礦業的實體。 總部位於首 都利雅德。 其職責包括：發佈管理公共和私營部門運營的規章制度，鼓勵該領 域的投資者，以及勘探、開發沙地阿拉伯的礦產資源。 Virtual Mind Holding Company Limited （於開曼群島註冊成立之有限公司） （股份代號：1520） 自願公告 有關 (I)沙特智慧製造項目合作意向書；及 (I I) 訊飛合作框架協議 本公告由天機控股有限公司（「 本公司 」，連同其附屬公司，統稱「 本 集 團」）董事（「董事」）會（「董事會」）自願刊發。 董事會欣然宣佈，於二零二五年九月二十六日，本公司與沙烏地阿拉伯王國 （「沙特」）工業和礦產部（「沙特工業和礦產部」）簽訂了戰略合作意向書 （「合作意向書」），據此，雙方就沙特工業智慧化升級領域達成深度合作， 制定工業數位化轉型的培訓和宣傳計劃，針對沙特在先進技術及工業創新領域 相關的產 ...

Core Viewpoint - Tianji Holdings (01520) demonstrates confidence in its long-term value and growth prospects through a share buyback and strategic investment, while also addressing structural challenges in its business model [1][4]. Group 1: Share Buyback and Strategic Investment - Tianji Holdings announced a share buyback of 2.898 million shares for HKD 4.4867 million, reflecting management's confidence in the company's future [1]. - The company signed a subscription agreement with GEM for a strategic investment of up to HKD 225 million, indicating recognition from professional investors regarding its strategic layout and growth potential [1]. Group 2: Structural Challenges - The company faces structural challenges, including high concentration of IP revenue in competitive sectors like trendy toys and games, and a lack of liquidity and value extension in traditional digital rights models [1]. - The scale of the derivative IP business is relatively small, leading to weaker risk resistance and a need for a breakthrough in the business model [1]. Group 3: Strategic Response - To address these challenges, Tianji Holdings plans to integrate AI and Web3 technologies, focusing on three main sectors: gaming, cultural tourism, and sports [1]. - The company aims to build a multi-layered and diversified IP matrix by actively introducing IP resources across different life cycles to enhance overall business resilience [1]. Group 4: New Business Initiatives - Tianji Holdings will expand from trendy toys and gaming IP to sports IP, starting with internationally recognized sports IP like La Liga, and gradually diversifying its IP types [2]. - The company plans to leverage its existing apparel business to develop a comprehensive fan economy, launching various IP co-branded apparel and collectible products to enhance IP monetization [2]. Group 5: Digital and Offline Engagement - In digital business, Tianji Holdings will utilize Web3 technology to create virtual rights and digital experiences, enhancing user engagement through exclusive digital content and interactive systems [2]. - The company will also develop offline experiences through IP-themed pop-up stores and community events to deepen emotional connections with users and enhance brand influence [2]. Group 6: Supply Chain and Financial Management - Tianji Holdings is constructing a new consumption system for IP, establishing a credible digital ecosystem with traceability and supplier management [3]. - The company plans to implement a digital wallet and unified account system to tokenize user rights and enhance brand loyalty [3]. Group 7: Business Optimization and Future Outlook - The company is actively addressing historical issues by transferring historical debt for HKD 11.3997 million to improve asset quality [3]. - With the optimization of existing businesses and the successful implementation of new strategies, Tianji Holdings aims to enhance its risk resistance and open new growth opportunities [4].

Core Viewpoint - Tianji Holdings (01520) demonstrates confidence in its long-term value and growth prospects through a share buyback and strategic investment, while also addressing structural challenges in its business model [1][5]. Group 1: Share Buyback and Strategic Investment - Tianji Holdings announced a share buyback of 2.898 million shares for HKD 4.4867 million, reflecting management's confidence in the company's future [1]. - The company signed a subscription agreement with GEM for a strategic investment of up to HKD 225 million, indicating recognition from professional investors regarding its strategic layout and growth potential [1]. Group 2: Structural Challenges - The company faces structural challenges, including high concentration of IP revenue in competitive sectors like trendy toys and games, and a lack of liquidity and value extension in traditional digital rights models [1]. - The scale of the derivative IP business is relatively small, leading to weaker risk resistance and a need for a breakthrough in the business model [1]. Group 3: Strategic Response - To address these challenges, Tianji Holdings plans to integrate AI and Web3 technologies, focusing on three main sectors: gaming, cultural tourism, and sports [1]. - The company aims to build a multi-layered and diversified IP matrix by actively introducing IP resources across different life cycles to enhance overall business resilience [1]. Group 4: New Business Initiatives - Tianji Holdings will expand from trendy toys and gaming IP to sports IP, starting with internationally recognized sports IP like La Liga, and gradually diversifying its IP types [2]. - The company plans to leverage its existing apparel business to develop a comprehensive fan economy, launching various IP co-branded apparel and collectible products to enhance IP monetization [2]. Group 5: Digital and Offline Engagement - In digital business, Tianji Holdings will utilize Web3 technology to create virtual rights and digital experiences, enhancing user engagement through exclusive digital content and interactive systems [2]. - The company will also develop offline experiences through IP-themed pop-up stores and community events to deepen emotional connections with users and enhance brand influence [2]. Group 6: Supply Chain and Operational Efficiency - AI and Web3 technologies will improve supply chain traceability and transparency, optimize operational efficiency, and enhance brand cohesion [3]. - The company plans to establish a credible digital ecosystem for its IP new consumption system, integrating supply chain management with ERP and WMS systems [3]. Group 7: Financial Management - Tianji Holdings intends to transfer part of its historical debt for HKD 11.3997 million to clean up legacy assets and improve asset quality [4]. - The company is focused on optimizing its business structure and accelerating the development of new businesses, aiming for a comprehensive optimization by Q4 of this year [5].

Core Viewpoint - Tianji Holdings (01520.HK) has entered into a sale agreement to transfer all legal and beneficial rights related to certain loan agreements for a consideration of HKD 11.3997 million [1] Group 1 - The transferor is a wholly-owned subsidiary of the company [1] - The agreement includes the transfer of all rights related to the assigned debts [1]