Core Viewpoint - The company, Multi-Point Intelligence (02586), has announced a share buyback plan, which has positively impacted its stock price, leading to a rise of over 4% in trading. Group 1: Share Buyback Announcement - On November 19, the company’s board approved a resolution for a share buyback using its own funds, excluding any proceeds raised from its listing on the Hong Kong Stock Exchange [1] - The buyback period will last from the board's approval until the conclusion of the annual general meeting in 2026 [1] - The repurchased shares will be treated as treasury stock and may be canceled, sold, or transferred as needed, including for equity incentive plans [1] Group 2: Financial Position - The company maintains a strong cash reserve, with operating cash flow showing continuous improvement [1] - As of October 31, 2025, the company reported cash and cash equivalents of RMB 927 million, providing solid support for the share buyback without affecting normal operations or long-term development plans [1]

Core Viewpoint - The company believes its current market value is below its intrinsic value and proposes a share buyback to enhance shareholder value and demonstrate confidence in long-term growth [1][2] Group 1: Business Operations and Financial Performance - The company maintains a positive growth trajectory as a leading AI retail solution provider, focusing on technological innovation and retail process needs [1] - As of the first half of 2025, the company has established partnerships with 438 leading retail clients globally, enhancing its customer network's quality and coverage [1] - The company achieved a net revenue retention rate of 107% by the first half of 2025, solidifying its industry-leading position [2] - The company has a strong cash reserve, with cash and cash equivalents amounting to RMB 927 million as of October 31, 2025, ensuring the feasibility of the share buyback without impacting normal operations [2] Group 2: Strategic Initiatives - The company is committed to continuous product matrix improvement and has launched new AI features to address industry pain points [1] - The board believes that the share buyback reflects a strong recognition of the company's intrinsic value and confidence in its long-term business prospects [2] - The share buyback is expected to enhance value recognition and provide stable long-term returns for shareholders, aligning with the overall interests of the company and its shareholders [2]

Core Viewpoint - The company believes its current market value is below its intrinsic value and proposes a share buyback to protect shareholder interests and demonstrate confidence in long-term growth [1][2] Group 1: Business Performance - The company maintains a positive growth trajectory, focusing on AI-driven retail solutions and continuously optimizing its product matrix to address industry pain points [1] - As of the first half of 2025, the company has established partnerships with a total of 438 leading retail clients both domestically and internationally, enhancing its customer network's quality and coverage [1][2] - The company has achieved a net revenue retention rate of 107% by the first half of 2025, reinforcing its industry-leading position [2] Group 2: Financial Health - The company has a solid cash reserve, with cash and cash equivalents amounting to RMB 927 million as of October 31, 2025, ensuring that the share buyback will not impact normal operations or long-term development plans [2] - The board believes that the share buyback reflects a strong recognition of the company's intrinsic value and confidence in its long-term business prospects [2]

Group 1 - The company has approved a share buyback plan to repurchase shares using its own funds, with the buyback period extending until the conclusion of the annual general meeting in 2026 [1] - The board believes the current market value of the company's shares is below its intrinsic value, aiming to maintain company value and shareholder interests [1] - The repurchased shares will be treated as treasury stock and may be canceled, sold, or transferred in the future, including for equity incentive plans [1] Group 2 - The company is a leading AI retail solutions provider, maintaining positive growth and focusing on AI-driven innovations to address retail needs [2] - The company has expanded its customer base, partnering with 438 leading retail clients both domestically and internationally by the first half of 2025 [2] - The company achieved a net revenue retention rate of 107% by mid-2025, reinforcing its industry-leading position [2] Group 3 - The company's operating performance shows steady growth, with sufficient cash reserves and positive operating cash flow [3] - As of October 31, 2025, the company's cash and cash equivalents amounted to RMB 927 million, supporting the share buyback without affecting normal operations or long-term plans [3]

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 不對因本公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。 Dmall Inc. 多点數智有限公司 （於 英 屬 維 爾 京 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：2586） 自願性公告 擬根據股份回購授權回購股份 本公告由 多點數智有限公司（「本公司」）自 願 作 出。 本 公 司 董 事（「董 事」）會（「董事會」）已 獲 本 公 司 股 東（「股 東」）於2025年5月 23日 舉 行 之 本 公 司 股 東 週 年 大 會（「2025年股東週年大會」）上 授 予 一 般 授 權，可 回 購 最 多 不 超 過 本 公 司 於2025年股東週年大會當日已發行股份總 數（不 包 括 本 公 司 庫 存 股）的10%（「股份回購授權」）。 董事會通過一項決議 案，批 准 本 公 司 在 股 份 回 購 授 權 範 圍 內 以 自 有 資 金 （不 包 括 本 公 司 ...

░οΏ½ΕΣΣΟΣΉ 203435668 物美科技集团有限公司 与 多点（深圳）数字科技有限公司 之 核心云服务框架协议 二〇二四年【10】月【10】日 = r r : 目 录 | 1 | 定义及释义……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 1 | | --- | --- | | 2 | 服务及产品范围 | | 3 | 交易原则 | | 4 | 定价原则………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………3 | | ട് | 运作方式 | | 6 | 生效及终止 | | 7 | 适用法律与争议解决 | | 8 | 通知 | | 0 | 披露及/或公告 … | | 10 | 附则 | 核心云服务框架协议 本《核心云服务框架协议》 ...

Dmall Inc. 多点數智有限公司 地址為 為本人╱ 吾等的代表，代表本人╱ 吾等出席本公司將於2025年12月9日（星期二）上午九時正假座中國北京市海 淀區中關村大街28號海淀文化藝術大廈B座15樓舉行的股東特別大會（及其任何續會）（「大會」），以考慮並酌 情通過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╱ 吾等及以本人╱ 吾等的名義就下列決 議案投票 （附註4） ： | | | 普通決議案 | （附註4） 贊成 | （附註4） 反對 | | --- | --- | --- | --- | --- | | 1. | 「動議： | | | | | | (i) | 謹此考慮及批准多點（深圳）數字（為其本身及代表本集團其他成員 | | | | | | 公司）與物美科技（為其本身及代表物美集團其他集團成員公司）於 | | | | | | 2024年10月10日訂立的框架協議（「物美零售核心服務雲框架協議」） | | | | | | 項下持續關連交易的經修訂現有年度上限，該協議旨在規範本集團 | | | | | | 向 物 美 集 團 提 供 零 售 核 心 服 務 雲 解 決 方 案 及 相 關 ...

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。 註 冊 辦 事 處： Craigmuir Chambers P.O. Box 71 Road Town, Tortola VG 1110, British Virgin Islands 總 部： 中國北京市 海淀區中關村大街28號 海淀文化藝術大廈 B座15樓 香 港 主 要 營 業 地 點： 香 港 銅鑼灣 勿地臣街1號時代廣場 二 座31樓 附 註： Dmall Inc. 多点數智有限公司 （於 英 屬 維 爾 京 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：2586） 股東特別大會通告 茲通告 多點數智有限公司（「本公司」）謹 訂 於2025年12月9日（星 期 二）上 午 九時正假座中國北京市海淀區中關村大街28號海淀文化藝術大廈B座15 樓 舉 行 股 東 特 別 大 會，以 處 理 下 列 事 項： 承董 ...

此乃要件 請即處理 閣下如對本通函之任何內容或應採取之行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證券交 易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓所有名下之多點數智有限公司 股份，應立即將本通函送交買主或承讓人，或經手 買賣或轉讓之銀行、股票經紀或其他代理商，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分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。 Dmall Inc. 多點數智有限公司 （於英屬維爾京群島註冊成立的有限公司） （股份代號：2586） (1)修訂物美零售核心服務雲框架協議項下 持續關連交易的現有年度上限； 及 (2)股東特別大會通告 獨立董事委員會及獨立股東的獨立財務顧問 邁時資本有限公司 多點數智有限公司 謹訂於2025年12月9日（星期二）上午九時正假座中國北京市海淀區中關村大街28號 海淀文化藝術大廈B座15樓舉行股東特別大會，大會通告載於本通函第EGM-1頁至第EGM-2頁。隨函附 奉委任代表出席股東特別大會適用的代 ...

Summary of Multi-Point Intelligence Conference Call Company Overview - Multi-Point Intelligence focuses on AI retail core solutions and AI value-added services, with the former being a SaaS system covering the entire retail chain and the latter including smart loss prevention, cash register, and remote monitoring services. Since 2022, these two business segments have contributed equally to revenue [2][3][4]. Financial Performance - In the first half of 2025, the company reported revenue of 1.08 billion RMB, a year-on-year increase of 15%, with a net profit of 62 million RMB. After excluding employee costs, the net profit was 77 million RMB [2][4]. - The revenue from Wumart and other related parties accounted for 73% of the company's income in the first half of 2025 [3][11]. Competitive Advantages - Multi-Point Intelligence's core competitive advantage lies in its focus on the retail industry, providing comprehensive solutions that break down data silos and achieve data integration, outperforming large foreign systems like SAP and Oracle, as well as regional domestic suppliers [2][5]. Future Growth Projections - The company anticipates a revenue growth rate of 15% to 20% over the next two to three years. It has signed a contract with Singapore's POST OFFICE, expected to generate annual revenue in the tens of millions RMB range. Ongoing negotiations with key domestic clients are also in progress [2][6]. Virtual Asset Trading Initiatives - Multi-Point Intelligence is actively expanding into virtual asset trading, applying for a stablecoin issuance license to better serve overseas clients like Dell and Samsung, enhancing payment convenience [7][8]. - Plans include acquiring a Hong Kong company with brokerage and asset management licenses, and collaborating with Circle to test the Arc public chain, which is faster and more secure than Ethereum. This will allow for more transactions using USDC [8][9]. AI Technology Applications - AI technology is applied in various areas to enhance retail service effectiveness, including rapid scanning and extraction of product information, precise marketing based on consumer behavior analysis, and improved logistics efficiency through transportation management systems [10]. - The company has launched an independent AI module, the remote monitoring system, which has been implemented in over 500 convenience stores, generating revenue through a 6% commission on nighttime sales [10]. Business Model Sustainability - The recent increase in the cooperation agreement limit with Wumart is due to the ability to charge for new retail services, ensuring the sustainability of the business model. The company plans to charge third parties for these services in the future [11].