Core Insights - The introduction of NAMI INSIGHT One marks a significant advancement for Namibox, positioning the company at the intersection of AI, smart wearables, and education, indicating a new phase of growth in the EdTech sector [1][5] Group 1: Product Differentiation - NAMI INSIGHT One stands out in a CES landscape dominated by general-purpose AR and consumer wearables through its vertical strategy, integrating a proprietary education-specific AI model with lightweight AR hardware [2] - The device targets structured learning scenarios rather than entertainment or generic productivity, reflecting a broader industry shift towards verticalised AI hardware [2] Group 2: Market Positioning - The launch signifies Namibox's transition from a digital content provider to a "content + hardware" platform, embedding AI learning capabilities into a wearable form factor [3] - This strategy creates new entry points for user acquisition, engagement, and monetisation, with hardware serving as the front-end and AI-driven content forming the foundation for recurring revenue streams [3] Group 3: Industry Trends - Industry data indicates strong momentum in personalised learning hardware as a high-growth segment within EdTech, with Namibox benefiting from years of curriculum-aligned content development and a large existing user base [4] - The CES debut of NAMI INSIGHT One is seen as a milestone in Namibox's global strategy, positioning the company as an early mover in the emerging AI learning wearables category [5]

Core Insights - The article highlights the emergence of the "AI Smart Learning Glasses" by NanoBox, a brand under the Chinese education technology company Jinxin Technology Holdings Group, as a standout product at CES 2026, marking a significant innovation in the education technology sector [1][7]. Company Overview - NanoBox's smart learning glasses integrate an education-specific AI model with lightweight AR technology, creating a comprehensive learning ecosystem that spans from classrooms to outdoor environments [1][3]. - The glasses are designed to enhance learning efficiency and focus, addressing core pain points in education [3]. Product Features - The glasses feature a self-trained AI model that facilitates a complete learning loop, including data perception, real-time processing, and personalized feedback [3]. - Key functionalities include real-time lecture note-taking, multi-language translation, and an intelligent vocabulary review system based on forgetting algorithms, which optimizes study time [3]. - The product employs a bone conduction hearing mode tailored for learning, ensuring safety while providing an immersive auditory experience [3]. Market Analysis - The global education technology market is transitioning from software services to the integration of smart hardware, with a projected compound annual growth rate of over 30% for AI-driven personalized learning hardware by 2028, according to Goldman Sachs [5]. - NanoBox's business model focuses on hardware sales and subsequent content and data value-added services, indicating diverse revenue potential [5]. Strategic Positioning - The successful debut at CES represents a strategic move for NanoBox to combine China's digital education experience with AI hardware innovation, aiming to serve global learners and establish a leading position in the emerging smart learning wearable market [7].

Core Insights - Jinxin Technology Holding Company has launched AI-powered smart learning glasses, NAMI INSIGHT One, marking a new category of AI-native wearable learning devices [1][2] - The global EdTech sector is projected to exceed $404 billion by 2025, indicating significant growth potential for educational technology [1] - NAMI INSIGHT One integrates AI, content, and real-world usage scenarios, positioning itself as a dedicated learning terminal [1][2] Product Features - NAMI INSIGHT One includes four core features: Classroom Mode for real-time structured notes, Smart Vocabulary Mode with an anti-forgetting algorithm, Listening Mode using bone conduction technology, and Translation Mode for real-time multilingual support [3][4] - The device is designed to enhance learning experiences in various settings, including classrooms and daily commutes, by providing hands-free access to educational content [4] Market Strategy - The launch signifies a shift from a pure digital-content model to a "content + hardware" strategy, aiming to diversify revenue streams and strengthen user engagement [5] - The proprietary hardware is expected to increase learning frequency and content consumption, creating additional monetization opportunities through subscriptions and services [5] - The product supports cross-border learning scenarios, reinforcing the company's vision of borderless education [5] Company Overview - Jinxin Technology is headquartered in Shanghai and focuses on providing digital content and interactive communication services, particularly for primary and middle school students [6][7] - The company collaborates with leading textbook publishers and educational platforms to deliver AI-generated digital content [7]

| 代码 | 名称 | 最新价 | 涨跌幅 √ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | STEC | 三合智能 | 1.5300 | 59.38% | +0.5700 | 3107.75万 | | HIHO | 骇维金属加工 | 1.2500 | 50.60% | +0.4200 | 2.61亿 | | POM | 石榴云医 | 0.3499 | 30.95% | +0.0827 | 323.61万 | | NAMI | 进馨科技 | 0.8098 | 22.53% | +0.1489 | 11.2万 | | XHG | XChange TEC | 1.1200 | 22.10% | +0.2027 | 10.31万 | 格隆汇12月24日｜中概股收盘涨幅居前的个股为：三合智能涨59.38%，骇维金属加工涨50.6%，石榴云 医涨30.95%，进馨科技涨22.53%，XChange TEC涨22.1%。(格隆汇) ...

Core Viewpoint - Jinxin Technology (NAMI) has shown a significant stock price increase of 5.24% on December 17, reaching $0.774 per share, with a total market capitalization of $52.88 million [1] Financial Performance - As of June 30, 2025, Jinxin Technology reported total revenue of 209 million RMB, reflecting a year-on-year growth of 5.33% [1] - The company experienced a net loss attributable to shareholders of 21.29 million RMB, which represents a substantial decrease of 179.98% compared to the previous year [1] Company Background - Jinxin Technology was established in August 2015 under the Cayman Islands Company Law as an exempted limited liability company [1] - The company primarily provides digital textbook subscription services in the People's Republic of China through its consolidated subsidiaries and variable interest entities (VIEs) [1] - The company focuses on K-9 students in China, leveraging its expertise in delivering digital and integrated educational content, with plans to expand its services to other age groups [1]

Group 1 - The core viewpoint of the article highlights the recent performance of NAMI Technology, which saw a stock price increase of 4.98% on December 17, reaching $0.772 per share with a total market capitalization of $52.75 million [1] - As of June 30, 2025, NAMI Technology reported total revenue of 209 million RMB, reflecting a year-on-year growth of 5.33% [1] - The company experienced a significant decline in net profit attributable to shareholders, reporting a loss of 21.29 million RMB, which represents a year-on-year decrease of 179.98% [1] Group 2 - NAMI Technology was established in August 2015 under the Cayman Islands company law as an exempted limited liability company [1] - The company primarily provides digital textbook subscription services in the People's Republic of China through its consolidated subsidiaries and variable interest entities (VIEs) [1] - NAMI Technology focuses on K-9 students in China, leveraging its expertise in delivering digital and integrated educational content, with plans to expand its services to other age groups [1]

Core Insights - The core viewpoint of the articles is that NAMI's subsidiary, NanoBox, is launching the world's first AI-driven vertical scene intelligent learning glasses in collaboration with MicroLight Technology, set for global limited pre-sale on December 31, 2025, targeting the mainstream price range of global AI hardware [1][2] Group 1: Product Features - The product leverages deep integration of AI large models and focuses on vertical scene applications, distinguishing itself from general entertainment wearable devices [1] - It features an education-specific AI algorithm engine that enhances the entire learning process, including real-time structured note generation and an anti-forgetting algorithm to maximize the value of fragmented time [1] - Additional functionalities include Mini AR display and real-time multilingual translation, creating a comprehensive learning ecosystem [1] Group 2: Market Position and Strategy - In the context of accelerating global AI commercialization, NanoBox is addressing the educational vertical scene, filling a market gap with validated demand potential and technological barriers [2] - The pre-sale marks the implementation of the company's "AI + education hardware" strategy, which is expected to significantly boost revenue and solidify its leading position in the smart education sector [2] - This initiative is anticipated to provide ongoing growth momentum for NAMI and inject new vitality into the AI application sector in the US stock market [2]

At the core of the device is a dedicated largelanguage model that assists users throughout the learning process. In lecture settings, its "Classroom Mode" generates structured notes in real time, allowing students to shift from passive note-taking to active classroom engagement. A memoryconsolidation algorithm identifies optimal intervals for review, aiming to maximize the value of fragmented study time. Additional features include a mini AR display for contextual information and realtime multilingual inter ...

Group 1 - The core point of the article highlights the significant stock price increases of several Chinese concept stocks, with notable gains in their closing prices [1] Group 2 - Jinxin Technology (NAMI) saw a remarkable increase of 36.36%, closing at 0.8810, with a trading volume of 137,600 [1] - Jiufu (IEU) experienced a rise of 27.42%, closing at 8.435, with a trading volume of 356,100 [1] - Reto Eco (RETO) increased by 25.70%, closing at 2.690, with a trading volume of 11,646,900 [1] - Tongcheng Tongmei (VSA) rose by 21.73%, closing at 0.1070, with a trading volume of 1,793,800 [1] - Boqi Pet (BQ) saw a gain of 20.00%, closing at 2.400, with a trading volume of 10,266,300 [1]

Exhibit 99.1 INDEX TO FINANCIAL STATEMENTS JINXIN TECHNOLOGY HOLDING COMPANY | Page(s) | | | --- | --- | | UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2024 AND JUNE | | | 30, 2025 | F-2 | | UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE SIX | | | MONTHS ENDED JUNE 30, 2024 AND 2025 | F-3 | | UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY FOR THE SIX | | | MONTHS ENDED JUNE 30, 2024 AND 2025 | F-4 | | UNAUDITED I ...