智通财经APP讯，百融云-W(06608)发布公告，于2025年12月3日斥资321.15万港元回购33.6万股。 ...

FF305 第 2 頁 共 8 頁 v 1.3.0 | 1). | 購回以作註銷但尚未註銷之股份 | | 259,000 | % | HKD | 7.5622 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 2025年4月28日 | | | | | | | 2). | 購回以作註銷但尚未註銷之股份 | | 263,500 | % | HKD | 7.5799 | | | 變動日期 2025年4月29日 | | | | | | | 3). | 購回以作註銷但尚未註銷之股份 | | 4,000 | % | HKD | 7.76 | | | 變動日期 2025年4月30日 | | | | | | | 4). | 購回以作註銷但尚未註銷之股份 | | 50,000 | % | HKD | 7.8246 | | | 變動日期 | 2025年5月2日 | | | | | | 5). | 購回以作註銷但尚未註銷之股份 | | 251,500 | % | HKD | 7.9262 | | | 變動日期 | 2025年5月6日 | | | | | | 6). | 購 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 百融雲創 (於開曼群島註冊成立以不同投票權控制的有限公司） 呈交日期: 2025年12月3日 I. 法定/註冊股本變動 FF301 第 2 頁 共 10 頁 v 1.1.1 | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | B | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06608 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.00002 | USD | | 40,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | 0 | | 本月底結存 | | ...

Core Viewpoint - Bairong Cloud-W (06608) announced a share buyback plan worth up to HKD 450 million, reflecting the company's confidence in its business outlook and potential to create value for shareholders [1] Group 1: Share Buyback Announcement - The company plans to repurchase shares valued at no more than HKD 450 million [1] - The board believes that the share buyback will demonstrate confidence in the company's business prospects [1] - The company has sufficient financial resources to support the buyback while maintaining a stable financial position [1] Group 2: Market Reaction - Bairong Cloud's stock rose over 4% in early trading and was up 2.49% at HKD 9.45 at the time of reporting [1] - The trading volume reached HKD 1.851 million [1]

Core Viewpoint - The company plans to repurchase up to HKD 450 million of its Class B shares within the next 12 months, subject to shareholder approval at the upcoming annual general meeting on May 30, 2025, demonstrating confidence in its business outlook and prospects [1] Group 1 - The board has resolved to seek shareholder approval for the share buyback authorization at the annual general meeting [1] - The repurchase is intended to create value for shareholders and reflect the company's confidence in its future [1] - The company believes it has sufficient financial resources to conduct the buyback while maintaining a robust financial position [1]

Core Viewpoint - The company, Bairong Cloud-W (06608), announced a decision by the board to repurchase up to HKD 450 million of its Class B shares within the next 12 months, subject to shareholder approval at the annual general meeting on May 30, 2025 [1] Group 1 - The share repurchase is intended to demonstrate the company's confidence in its business outlook and prospects [1] - The board believes that the share buyback will ultimately benefit the company and create value for shareholders [1] - The company asserts that its existing financial resources are sufficient to support the share repurchase while maintaining a robust financial position [1]

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。 Bairong Inc. 百融雲創 （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：6608） 本公司將透過行使股份購回授權項下的權力及在符合本公司組織章程大綱及細 則、香港聯合交易所有限公司證券上市規則、公司收購、合併及股份回購守則、 開曼群島公司法（經修訂）以及本公司應遵守的所有其他適用法律法規的情況下進 行購回。 本公司認為，股份購回將展示本公司對自身業務展望及前景充滿信心，且最終會 為本公司帶來裨益及為股東創造價值。董事會認為，本公司現有財務資源足以支 持在維持穩健的財務狀況的同時進行股份購回。 1 股東及潛在投資者務請注意，本公司於市場上進行股份購回將受市況規限，並將 由董事會及╱或其授權人士全權酌情決定。概不能保證任何購回之時間、數量或 價格，亦不保證本公司會否購回任何股份。股東及潛在投資者於買賣本公司股份 時務須審慎行事。 承董事會命 百融雲創 主席兼執行董事 張韶峰 香港， ...

Core Insights - Baidu Cloud's financial technology service provider, BaiRong YunChuang, has demonstrated strong growth in the financial digitalization sector, with loan service revenue exceeding 800 million yuan in the first half of the year [1] - Despite the revenue growth, there are ongoing complaints regarding high interest rates associated with its loan services, with reported annualized rates reaching as high as 35.95% [1] - The company claims that it has not received complaints regarding interest rates reaching 36%, asserting that all loan contracts are compliant and clearly state the applicable rates [1] Financial Performance - BaiRong YunChuang reported a revenue of 2.929 billion yuan for 2024, reflecting a year-on-year growth of 9% [4] - The revenue from Model as a Service (MaaS) was 932 million yuan, up 5% year-on-year, while Business as a Service (BaaS) revenue reached 1.997 billion yuan, growing by 12% [4] - The net profit for the year was 266 million yuan, a decline of 21%, with the net profit margin decreasing from 13% to 9% [4] Regulatory Context - The National Financial Regulatory Administration has issued guidelines requiring commercial banks to clearly define service fees in cooperation agreements and ensure that the total financing costs align with legal standards [2] - The Supreme People's Court has emphasized the need to regulate high-interest loans and support borrowers in reducing excessive interest rates that exceed 24% annually [3] - BaiRong YunChuang's subsidiary, Rongshu Loan, operates under these regulatory frameworks, providing intelligent financial services [3]

Summary of Baifengyun Conference Call Company Overview - Baifengyun is recognized as a leading company in the AI application field, being the only financial company listed in Morgan Stanley's "Top 60 AI Companies in China for H1 2025" [2][3] - The company has a strong financial position with a gross margin of 73% and a net profit margin of 12% for H1 2025, alongside operating cash flow of 151 million RMB and cash reserves of 3.729 billion RMB [2][4] Financial Performance - For H1 2025, Baifengyun reported a gross margin of 73% and a net profit margin of 12%, indicating robust profitability [4] - The company has a high customer retention rate of 98% and customer satisfaction rate of 97%, showcasing strong customer loyalty [5] - The company’s cash and cash equivalents as of June 30 were 3.729 billion RMB, indicating a healthy financial status [4] Technology and R&D - 57% of Baifengyun's workforce is dedicated to R&D, with an average revenue per employee exceeding 2 million RMB [6] - The internal use of AI tools is at 80%, enhancing operational efficiency across various processes [6] - Baifengyun has developed advanced voice robots and digital avatars, demonstrating significant technological capabilities [6] Product and Service Offerings - The company focuses on AI Agent development, particularly in L3/L4 layers, with core products including proprietary large models and intelligent agent factory platforms [7] - Baifengyun's EX (Employee Experience) and CX (Customer Experience) product lines generate significant revenue, with EX revenue around 1 billion RMB and CX revenue around 2 billion RMB [10] - The company employs a Result as a Service (RAS) model to enhance customer value and market competitiveness [9] Market Position and Competitive Advantages - Baifengyun has multiple competitive advantages, including proprietary large models, extensive data accumulation, and a standardized API capability [8] - The company’s intelligent agent system allows non-technical personnel to quickly develop agents, significantly reducing costs and improving efficiency [11][12] - Baifengyun's focus on the AGI AI market positions it well for future growth, with a projected market size of 2 trillion RMB by 2030 if the replacement rate increases [14] Future Outlook and Strategic Direction - The company plans to increase R&D investment significantly in 2025 to support strategic adjustments and new product development [19][20] - Baifengyun is exploring opportunities in the telecommunications and retail sectors, which show strong willingness to pay and growth potential [21] - The company aims to leverage its technology and experience to meet the evolving demands of the financial technology sector, particularly in compliance and risk assessment [23] Conclusion - Baifengyun is well-positioned in the AI technology landscape, with strong financial health, innovative products, and a commitment to R&D, making it a compelling investment opportunity in the rapidly growing AI market.

FF301 本月底法定/註冊股本總額： USD 50,000 | V/VVV | | --- | 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 百融雲創 (於開曼群島註冊成立以不同投票權控制的有限公司） | 2. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 73,234,312 | | 0 | | 73,234,312 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 73,234,312 | | 0 | | 73,234,312 | FF301 第 2 頁 共 10 頁 ...