Core Insights - MINIMAX-WP's stock surged over 10%, currently up 8.16% at 387.2 HKD, with a trading volume of 352 million HKD, following the announcement of its open-source evaluation benchmark for coding agents, OctoCodingBench [1] - The evaluation results indicate that some open-source models are performing exceptionally well in "process compliance," approaching or even surpassing certain closed-source models, highlighting a shift in industry focus towards "data and evaluation paradigms" in the evolution of AI towards agents [1] Company Performance - CITIC Securities reports that MINIMAX-WP is emerging from industry competition with a "counter-consensus" strategic focus on model intelligence breakthroughs, positioning itself strongly in the generative AI wave [2] - As one of the first companies in Shanghai to receive large model registration, MINIMAX-WP demonstrates strong growth potential through technological depth and commercial foresight [2] - Revenue is projected to maintain over 90% high-speed growth from 2025 to 2027, with Non-GAAP gross margin expected to rise to 55% and net loss rate continuing to narrow [2] - The company is anticipated to expand its market space in AI-native applications through optimization of reasoning costs and the implementation of next-generation multimodal models [2]
MINIMAX-WP午前拉升逾10% 宣布开源代码智能体系统性评测集OctoCodingBench