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。 BAIWANG CO., LTD. 百望股份有限公司 本公司將召開臨時股東大會以供股東考慮及酌情批准建議修訂 章 程 及 建 議修訂《議事規則》。載有建議修訂章程及建議修訂《議事規則》之進一步詳情 之 通 函 將 適 時 寄 發（如 必 要）予 股 東 及 刊 載 於 聯 交 所 網 站(www.hkexnews.hk) 及本公司網站(www.baiwang.com)。 承董事會命 百望股份有限公司 陳 傑 女 士 主席兼執行董事 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：6657） 建議修訂 章 程 及《議 事 規 則》 百 望 股 份 有 限 公 司（「本公司」）董 事（「董 事」）會（「董事會」）謹 此 宣 佈，鑒 於 (i)2023年12月29日 採 納 的《中 華 人 民 ...

Group 1 - The core viewpoint of the news is that Baidong Co., Ltd. has established the "Baidong Digital Economy Industry Fund" to support its data intelligence strategy and promote the innovation of China's digital economy infrastructure [1] - The fund focuses on two main areas: data asset operation and global digital services, aiming to create a closed-loop ecosystem that combines AI technology with practical applications [1][2] - The fund is a collaboration between Baidong Co., Ltd., Wuxi Huishan Science and Technology Innovation Industry Group's wholly-owned subsidiary Benyuan Venture Capital, and Yuanli Investment [1] Group 2 - The internal investment strategy emphasizes the entire lifecycle of data asset management, including data resource registration, data directory services, and data market management, with a goal to establish a unified national data resource system [1] - Externally, the company aims to leverage its Hong Kong subsidiary to share China's successful digital governance experiences and attract cutting-edge technology and talent [1] - Recent collaborations include a strategic partnership with the Hong Kong University of Science and Technology to focus on global data intelligence and a comprehensive strategic cooperation agreement with Alibaba Cloud to deepen the integration of cloud computing and data intelligence [2]

Core Viewpoint - The establishment of the "Baiwang Digital Economy Industry Fund" marks a strategic upgrade for Baiwang Co., Ltd., transitioning from technology implementation to ecosystem collaboration, reinforcing its core position in the industrial digitalization wave [1][6]. Group 1: Fund Positioning - The fund is jointly established by Baiwang Co., Ltd., Wuxi Huishan Science and Technology Innovation Industry Group's subsidiary Benyuan Venture Capital, and Yuanli Investment, focusing on data asset operation and global digital services [2]. - Internally, the fund aims to invest in the entire lifecycle of data asset needs, providing comprehensive financing support to enhance data value extraction through AI [2]. - Externally, the fund will leverage Hong Kong's international hub advantages to export China's digital governance experiences and attract cutting-edge technologies and talents [2]. Group 2: Data Foundation - Baiwang's ecosystem network covers over 28 million enterprise users, including major groups like China Petroleum and Industrial and Commercial Bank of China, processing invoice transaction amounts totaling 95.35 trillion yuan (equivalent to seven times the national GDP) [3]. - This extensive data network is viewed as a "scarce fuel" for training industry intelligence, providing a foundational support for the fund's investment value [3]. Group 3: Strategic Value - The fund aims to activate "data islands" by investing in comprehensive data asset service capabilities, unlocking the circulation value of hundreds of billions in transaction data within Baiwang's ecosystem [6]. - It seeks to define application paradigms for intelligent agents in financial risk control and supply chain decision-making, leveraging partnerships with companies like Zero One and Fourth Paradigm [6]. - The fund's launch is seen as a milestone in accelerating the scale of existing technology projects and fostering a more complete industrial ecosystem, enhancing China's global competitiveness in the "technology-scenario-capital" triad [7].

Core Insights - The article highlights a significant breakthrough in the data intelligence sector with the launch of a new generation of intelligent agents by Baidang Co., Ltd, marking a milestone in their Data Intelligence strategy [1][3] - The intelligent agent matrix includes transaction management, financial business, and operational decision-making agents, which are seen as essential for unlocking data value in enterprises [1][2] Group 1: Intelligent Agents Overview - The transaction management agent can parse over 200 types of global invoice formats in seconds and integrates over 30,000 international tax rules, addressing compliance challenges for multinational companies [1][2] - The financial risk intelligence agent monitors over 3,000 compliance indicators by integrating 18 data sources, enabling the identification of risks such as false trade and tax anomalies, and automatically generates response plans [2] - The financial marketing agent analyzes multimodal information to create enterprise profiles, optimizing product matching and enhancing marketing precision and conversion rates [2] Group 2: Strategic Vision and Industry Impact - The CEO of Baidang emphasizes that the core value lies in transforming data-driven decision-making from reports to actionable insights, indicating a shift towards modular intelligent agents rather than single general models [3] - The approach of breaking down complex scenarios into specialized intelligent agents not only lowers implementation barriers but also enhances the precision of solutions [3] - The industry is witnessing a trend towards "business expert-level AI" as companies like Baidang deepen their focus on scenario-based intelligent agents, indicating a service upgrade in enterprise solutions [3]

Core Insights - The data indicates significant trading volume increases for various companies, suggesting heightened investor interest and potential market movements [1][2][3][4][5] Group 1: Companies with Notable Volume Increases - 阳光能源 (00757) reported a volume ratio of 2.35, indicating strong trading activity [2] - 长城汽车 (02333) had a volume ratio of 2.21, reflecting increased investor engagement [2] - 郑煤机 (00564) showed a volume ratio of 1.92, suggesting a notable rise in trading [2] Group 2: Additional Companies with Increased Trading Activity - 万国数据-SW (09698) recorded a volume ratio of 1.83, indicating significant market interest [2] - 映恩生物-B (09606) had a volume ratio of 1.78, reflecting heightened trading activity [2] - 超盈国际控股 (02111) reported a volume ratio of 1.71, suggesting increased investor focus [2] Group 3: Companies with Moderate Volume Ratios - 中国能源建设 (03996) had a volume ratio of 1.70, indicating a solid level of trading activity [2] - 亚信科技 (01675) reported a volume ratio of 1.60, reflecting moderate investor interest [2] - 金宝通 (00320) showed a volume ratio of 1.53, suggesting a rise in trading volume [2] Group 4: Companies with Lower Volume Ratios - 中国水务 (00855) had a volume ratio of 1.52, indicating stable trading activity [2] - 广汽集团 (02238) reported a volume ratio of 1.52, reflecting consistent investor engagement [2] - 凯莱英 (06821) showed a volume ratio of 1.52, suggesting steady trading interest [2]

Core Viewpoint - The strategic partnership between Baiwang Co., Ltd. and Zero One Wanwu Technology aims to integrate Baiwang's industry scenarios and vast data with Zero One Wanwu's large model deployment capabilities, creating comprehensive model solutions for various key industries, enhancing operational efficiency and compliance [1][4]. Group 1: Partnership Details - Baiwang and Zero One Wanwu signed a strategic cooperation agreement in Hong Kong to develop vertical models across multiple industries [1]. - The collaboration is expected to address the challenge of making AI usable and effective in enterprises, injecting strong momentum into the digital transformation of Chinese companies [1][4]. - The partnership is viewed as a significant lever for unlocking new productive forces, igniting the "industry + AI" fusion [1][5]. Group 2: Market Context - Zero One Wanwu's CEO predicts that 2025 will be the year of AI-First application explosion, with the competition shifting from parameter contests to capabilities from platform to application [2]. - The arrival of DeepSeek Moment signifies that top Chinese open-source models are catching up with leading closed-source models from Silicon Valley, indicating vast potential for AI empowerment in traditional industries [2]. Group 3: Baiwang's Capabilities - Baiwang has served over 28 million customers and has developed a product matrix including transaction management, operational decision-making, and financial business intelligent agents, helping enterprises unlock data value [3]. - The company has processed over 100 billion units of high-value, real-time industry data, which is crucial for training industry-specific intelligent agents [3]. Group 4: Challenges and Solutions - Companies face three main challenges in deploying large models: deployment difficulty, application difficulty, and customization difficulty [4]. - Baiwang's financial risk control intelligent agent integrates various data sources to create comprehensive risk assessment models, helping banks reduce default rates and optimize financial structures [4]. Group 5: Future Outlook - The collaboration between Baiwang and Zero One Wanwu is seen as a pivotal moment for deep integration of "industry + AI," exploring a path for AI empowerment that is characteristic of Chinese industries [4][5].

Group 1 - A strategic cooperation agreement has been established among Baidang Co., Muxi Integrated Circuit Co., and Huitian Network Technology Co. to promote innovation in "data intelligence," "computing power infrastructure," and "cloud network platforms" [1][2] - The collaboration aims to create integrated hardware and software solutions for enterprise clients, focusing on key application scenarios such as transaction management, financial risk control, and decision optimization [1][2] - Muxi is recognized as a leading domestic GPU chip company, specializing in high-end general-purpose GPU development, with products that have significant advantages in AI training, intelligent computing, and graphics rendering [1][2] Group 2 - Huitian Network provides a range of services including IT infrastructure, big data, and cloud computing, catering to financial institutions and major internet companies [2] - Baidang Co. is a leading data intelligence enterprise in China, serving over 28 million users and offering comprehensive digital solutions that leverage AI and big data [2] - The signing ceremony was attended by executives from all three companies, emphasizing the importance of leveraging their core strengths to build a new paradigm of "data intelligence + domestic computing power + cloud service platform" [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。 BAIWANG CO., LTD. 百望股份有限公司 董事會謹此宣佈於2025年6月27日（星 期 五）舉 行 的 股 東 週 年 大 會 上 提 呈 的 決 議 的 投 票 結 果。所 有 決 議 案 均 於 股 東 週 年 大 會 上 以 投 票 表 決 方 式 獲 正 式 通 過。 百 望 股 份 有 限 公 司（「本公司」）宣 佈，於 其2025年6月27日（星 期 五）舉 行 的 2024年 股 東 週 年 大 會（「股東週年大會」）上，所 有 提 呈 的 決 議 案 均 以 投 票 表 決 方 式 獲 正 式 通 過。股 東 週 年 大 會 由 本 公 司 董 事（「董 事」）會（「董事會」）召 開。 茲提述日期均為2025年6月3日 的 股 東 週 年 大 會 通 告（「該通告」）及 通 函（「該 通 函」）。除 文 義 另 有 所 指 ...

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。 BAIWANG CO., LTD. 百望股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：6657） 補充公告 建議更換核數師 茲 提 述 百 望 股 份 有 限 公 司（「本公司」）日 期 為2025年6月3日 及2025年6月4日 有 關 更 換 核 數 師 之 公 告（「該等公告」）。茲 亦 提 述 本 公 司 日 期 均 為2025年6 月3日 之 通 函（「該通函」）及 股 東 週 年 大 會 通 告（「該通告」），內 容 有 關 本 公 司將於2025年6月27日 舉 行 之 股 東 週 年 大 會。除 本 公 告 另 有 界 定 或 文 義 另 有 所 指 外，本 公 告 所 用 詞 彙 與 該 等 公 告 所 界 定 者 具 有 相 同 涵 義。 本公司謹向股 ...

Core Viewpoint - The strategic partnership between Baidang Co., Ltd. and Fourth Paradigm (Beijing) Technology Co., Ltd. marks a new phase in China's data intelligence industry, focusing on "scenario-driven, ecosystem co-construction" [1][2] Group 1: Company Overview - Baidang Co. has developed a "Data Intelligence strategy" that encompasses transaction management, operational decision-making, and financial services, serving over 28 million enterprise clients and accumulating leading industrial data assets globally [1] - Fourth Paradigm has established enterprise-level AI benchmark applications in finance and manufacturing through its "Agent + World Model" technology architecture [1] Group 2: Collaboration Details - The collaboration aims to break down data silos through "port dialogue" and activate value through an intelligent agent matrix, addressing the industry pain point of multi-source data integration [1] - The partnership will leverage Baidang's intelligent product matrix and data asset operation capabilities alongside Fourth Paradigm's AI large model advantages to promote industrial intelligence upgrades [1][2] Group 3: Strategic Goals - The collaboration is seen as a key milestone for Chinese enterprises to overcome technological barriers and navigate complex scenarios in the global AI wave [2] - The partnership focuses on creating a data asset operation system and providing a foundation for market-oriented data element allocation, aiming to integrate algorithms with real business scenarios for optimal AI empowerment [2] - The joint effort will enhance Baidang's intelligent products with stronger reasoning capabilities and provide Fourth Paradigm with the necessary data for training vertical world models [2]