VCG(SZ:000681) Ge Long Hui·2026-01-09 14:53Core Viewpoint - Visual China (000681.SZ) announced that its wholly-owned subsidiary, Elephant Vision Technologies Limited, has invested in MiniMax Group Inc., which is set to be listed on the Hong Kong Stock Exchange on January 9, 2026, with an initial public offering of 25,389,220 shares priced at HKD 165 per share, closing at HKD 345 on the listing day [1] Group 1 - The fair value change of the shares held by the company in MiniMax is estimated to be CNY 67.35 million, accounting for approximately 56.53% of the company's audited net profit attributable to shareholders for the fiscal year 2024 [1][2] - The shares held in MiniMax are classified as "financial assets measured at fair value with changes recognized in profit or loss" and reported under "trading financial assets" [2] - The estimated impact of the MiniMax shares on the company's net profit attributable to shareholders for the fiscal year 2025 is approximately CNY 14 million, representing about 11.81% of the audited net profit for 2024 [2]