Core Insights - Tuya Smart participated in the launch of the United Nations Solutions Hub (UNSH) at COP30, emphasizing its commitment to global sustainability through AIoT solutions [1][2][9] Company Initiatives - Tuya's AIoT technologies are widely adopted in energy management across various sectors, including homes, commercial buildings, and cities, enabling real-time data utilization for informed decision-making [3][9] - The company showcased its Home Energy Management System (HEMS) in France, which helps households reduce electricity consumption by 25%-30% through AI-driven monitoring and scheduling [4] - In Brazil, Tuya partnered with WEG to develop smart home applications that enhance energy management and promote low-carbon living [5] - Collaborations with Hometree have led to the creation of AI-powered solutions for energy-saving in residential settings, including motion-activated lighting and real-time energy monitoring [6] Urban Solutions - Tuya supports intelligent urban planning by integrating AIoT into civil and municipal street lighting projects, allowing cities to manage energy use centrally and dynamically adjust brightness to reduce consumption [7] Industry Collaboration - At the "Turning Innovation into Impact" workshop, Tuya's Regional Director engaged with industry leaders to discuss data-driven solutions and the importance of education in fostering sustainable innovation [8] Future Outlook - Tuya aims to leverage the UNSH platform to showcase how innovation and partnerships can accelerate sustainable transformation, focusing on quantifiable carbon reduction tools and enhancing user experiences [9]

本届大赛共设置了五大创新赛道：AI+生活、AI+商业、AI+工业、AI+交通、AI+社会治理，全面覆盖 AI技术在各领域的前沿应用。这些赛道不仅呼应国家AI发展战略，更直面产业数字化转型、赋能开发 者创新的深层需求。无论是来自顶尖硬件创业团队，还是高校中拥有原创技术的科研小组；无论是深耕 消费级智能产品，还是专注工业、交通等垂直场景——只要创意具备技术突破性与商业化潜力，开发者 们都有机会脱颖而出。 本报讯 （记者冯思婕）11月18日，"2025SparkS全球AI硬件创新大赛"在杭州正式启动。大赛是由杭州 属地政府和杭州市人才集团、杭创（人工智能）营、杭州涂鸦信息技术有限公司（以下简称"涂鸦智 能"）等联合打造的高能级赛事，依托杭州市AI产业高地、杭创（人工智能）营平台聚合的创新创业资 源及涂鸦全球化开发者生态，面向全球招募具备商业化潜力的AI硬件项目，聚焦"AI硬件"与"应用场 景"两大关键环节，打通从技术创新到产业落地的"最后一公里"。 "2025SparkS全球AI硬件创新大赛"让人们看到，AI硬件创新的门槛已经大幅降低，在涂鸦智能等AI云平 台和开发工具的支持下，每一位开发者都可以把创意转化为可落地 ...

Market Overview - The majority of European and American stock markets closed lower on November 14, with the Dow Jones Industrial Average down 0.65% at 47147.48 points, the S&P 500 down 0.05% at 6734.11 points, and the Nasdaq up 0.13% at 22900.59 points [1][2] - For the week, the Dow Jones increased by 0.34%, the S&P 500 by 0.08%, while the Nasdaq decreased by 0.45% [1] Chinese Concept Stocks - The Nasdaq China Golden Dragon Index fell by 1.61%, while the Wind Chinese Concept Technology Leaders Index dropped by 2.28% [2] - Popular Chinese concept stocks mostly declined, with notable drops including Futu Holdings down over 7%, Gaotu Group down over 5%, and Xpeng Motors down over 5% [4] Oracle Corporation - Oracle's stock fell nearly 7% this week, reflecting growing concerns over AI themes and high valuations in tech stocks [5] - The company has committed to investing thousands of billions in chip purchases and data center construction to fulfill agreements with OpenAI, leading to a nearly 30% drop in stock price over the past month [5][6] - Barclays downgraded Oracle's debt rating to "underweight," warning that its credit rating could fall to BBB-, just above junk status, and highlighted the risk of exhausting cash reserves by November 2026 [6][7] Federal Reserve and Interest Rates - Market expectations for a rate cut by the Federal Reserve in December have decreased significantly, with the probability dropping from 67% to below 50% [8] - Kansas City Fed President Jeff Schmieding expressed concerns that further rate cuts could entrench high inflation rather than support the labor market [8] Commodity Prices - International gold prices fell over 2%, with COMEX gold futures down 2.62% to $4084.4 per ounce, while silver futures dropped 5.21% to $50.4 per ounce [9] - The decline in gold prices is attributed to reduced optimism regarding Fed rate cuts, as rising interest rates diminish the appeal of non-yielding assets like gold [9] - Crude oil prices saw an increase, with West Texas Intermediate rising 2.15% to $59.95 per barrel, influenced by geopolitical tensions [9]

Core Insights - Tuya Smart has become one of the first strategic partners of the United Nations Climate Solutions (Digital) Platform during COP30, aiming to share, verify, and promote replicable climate solutions to accelerate the implementation of the Paris Agreement and Sustainable Development Goals (SDGs) [1][3] Group 1: AI Technology and Climate Solutions - Tuya Smart emphasizes that AI technology should be transformed into quantifiable and replicable carbon reduction tools to eliminate "invisible waste" and provide users with a more comfortable, safe, and controllable smart living environment [1][3] - The company is collaborating with global partners to deeply integrate AI into energy management, equipment scheduling, and daily production and living, achieving energy efficiency improvements and energy savings [1][3] Group 2: Industry Responsibility and Collaboration - In the workshop "Transforming Innovation into Impact," Tuya Smart highlighted that corporate responsibility in climate governance extends beyond internal emission reduction efforts to empowering the entire industry chain and ecological partners through technological innovation [3] - Tuya Smart aims to build an open and collaborative AI cloud platform that standardizes and modularizes complex AI energy management capabilities, significantly lowering the barriers for enterprises to participate in climate action [3] Group 3: Practical Applications and Partnerships - Tuya Smart's partnership with energy-saving brands like Xanlite, Mazda, and Thaleos in France showcases its commitment to AI-driven low-carbon energy practices, helping users monitor energy consumption and manage devices in real-time [3] - In Brazil, Tuya collaborates with smart home company Hometree to create an AI whole-house solution focused on energy savings, utilizing AI hardware and algorithms to optimize energy usage [3] - The partnership with Brazilian energy equipment manufacturer WEG involves a customized app for whole-house smart control and energy management, providing a low-carbon and high-quality living experience [3]

Core Viewpoint - Tuya Smart (02391.HK) has announced a board meeting scheduled for November 24, 2025, to consider and approve the unaudited quarterly results for the three months ending September 30, 2025, and to address other matters [1] Group 1 - The board meeting will take place in Beijing/Hong Kong time [1] - The meeting will focus on the group's financial performance for the specified quarter [1] - Additional matters will also be discussed during the meeting [1]

Core Insights - Tuya Inc. will report its third quarter 2025 unaudited financial results on November 24, 2025, after market close [1] - A conference call to discuss the financial results is scheduled for November 24, 2025, at 07:30 PM Eastern Time [2] - Tuya is a leading AI cloud platform service provider focused on building an AI developer ecosystem and enabling smart solutions [4] Company Overview - Tuya Inc. operates as a global AI cloud platform service provider, offering a purpose-built AI cloud platform with capabilities in cloud and generative AI [4] - The company provides a full suite of services, including Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and smart solutions for developers [4] - Tuya has established a global developer community that includes brands, OEMs, AI agents, system integrators, and independent software vendors [4]

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，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Tuya Inc. 塗鴉智能* （於開曼群島註冊成立以不同投票權控制的有限責任公司） （香港聯交所股份代號：2391） （紐約證券交易所股票代碼：TUYA） 董事會會議召開日期 * 僅供識別 參與者在線直播登記： https://edge.media-server.com/mmc/p/qmezjvzg 參與者電話會議登記： https://register-conf.media-server.com/register/BI86c04c19c52a48c6bb64d46104c02dff 電話會議的網上直播或錄音亦可於本公司投資者關係網站https://ir.tuya.com收聽。 承董事會命 Tuya Inc. 董事長 王學集 香港，2025年11月10日 於本公告日期，董事會由執行董事王學集先生、陳燎罕先生、楊懿先生及張燕女 士；以及獨立非執行董事黃宣德先生、邱昌恒先生、郭孟雄先生及葉栢東先生組 成。 ...

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: 塗鴉智能（於開曼群島註冊成立以不同投票權控制的有限公司） 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 呈交日期: 2025年11月4日 I. 法定/註冊股本變動 | 1. 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) | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02391 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | USD | | 0.00005 | USD | | 40,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 800,000,000 | USD | | 0.00005 | ...

Core Viewpoint - Tuya Smart-W (02391) announced the issuance of 287,500 shares on October 30, 2025, as employees (excluding directors) exercise options or restricted stock units under the 2015 equity incentive plan [1] Group 1 - The company is executing its 2015 equity incentive plan by issuing shares to employees [1] - A total of 287,500 shares will be issued as part of this plan [1]

Core Viewpoint - Tuya Smart (02391) announced that on October 30, 2025, employees (excluding directors) will exercise options or restricted stock units under the 2015 equity incentive plan, resulting in the issuance of 287,500 shares [1] Summary by Category - **Company Announcement** - Tuya Smart will issue 287,500 shares to employees as part of the 2015 equity incentive plan [1]