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 截至月份: 2025年7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: 北京第四範式智能技術股份有限公司 (於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06682 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 294,909,496 | RMB | | 1 RMB | | 294,909,496 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 294,909,496 | RMB | | 1 RMB | | 294,909,496 | ...

Core Insights - The article emphasizes China's digital transformation journey, transitioning from "Internet+" to "Artificial Intelligence+" as a significant leap in industrial economy, driven by innovation and technology [1][14] - The State Council's approval of the "Artificial Intelligence+" action plan marks a new era for digital China, focusing on integrating AI into various sectors to enhance productivity and national competitiveness [1][6] Group 1: Policy and Strategic Developments - The "Artificial Intelligence+" action plan aims to accelerate the integration of AI across economic and social development, fostering a cycle of innovation and application [1][6] - The historical context of this initiative traces back to the "Internet+" policy introduced in 2015, which initiated a broad digital transformation across industries [1][6] Group 2: Technological Advancements - The company 恒友汇 has developed the "恒纪元" large language model, showcasing its capabilities in various business scenarios such as marketing, customer service, and risk control [2][3] - The "恒纪元" model has undergone multiple iterations since its launch in November 2023, demonstrating high accuracy and adaptability in financial services [2][3] Group 3: Ecosystem Development - 恒友汇 is building a comprehensive ecosystem by collaborating with partners like 恒生活数科, focusing on a three-dimensional intelligent service system that integrates technology, application, and ecology [2][7] - The ecosystem includes advancements in AI hardware, such as the "燧原L600" AI chip, which surpasses NVIDIA's H20 GPU in performance, supporting large-scale AI computing [7][8] Group 4: Market Impact and Future Outlook - The AI industry in China is projected to exceed 700 billion yuan by 2024, maintaining a growth rate of over 20% annually, indicating a robust market for AI applications [6][8] - The article highlights the importance of professional guidance in navigating investment opportunities within the AI sector, as exemplified by 恒友汇's "Global Guidance" initiative [12][13]

盘面上，大型科技股涨跌各异，其中，阿里巴巴、腾讯涨近2%，京东飘红，美团、网易、百度跌超 1%；"反内卷"相关板块涨幅抢眼，涨价潮叠加反内卷，纸业股持续上攻，玖龙纸业大涨超11%，钢铁 股、煤炭股拉升明显，马鞍山钢铁续刷阶段新高，中国神华更是创下跌历史新高价；消息称苹果 iPhone17系列发布会定于9月9日举行，苹果概念股多数走强，石油股、黄金股表现活跃。另一方面，餐 饮股跌幅明显，权重股百胜中国绩后跌超4%，九毛九、海底捞走低，创新药概念股呈现高开低走行 情，脑机接口概念股、濠赌股、内银股、半导体股齐跌。 企业新闻 创科实业(00669.HK)：上半年营业额78亿美元，同比增加7.5%；净利润6.28亿美元，同比增加14.2%。 百胜中国(09987.HK)：2025年第二季度取得收入28亿美元，同比增长4%；经营利润3.04亿美元，同比增 加14%。 上美股份(02145.HK)：发布盈喜，预计中期收入约40.9亿-41.1亿元，同比增约16.8%-17.3%；净利润约 5.4亿-5.6亿元，同比增约30.9%-35.8%。 时代天使(06699.HK)：发布盈喜，预计中期净利润约1340万-1480万 ...

Major Events - Shiyao Group's (01093) application for the listing of Semaglutide injection has been accepted by the National Medical Products Administration (NMPA) [1] - Gilead Sciences-B (01672) has completed the enrollment of overweight or obese subjects in the Phase IIa study of the small molecule oral GLP-1R agonist ASC30 in the United States [1] - China Biopharmaceutical (01177) has received NMPA approval for the clinical trial application of TQC3302 "ICS/LAMA/LABA soft mist inhalation preparation" [1] - Jiaogepeng Holdings (01450) plans to acquire 100% equity of Hangzhou Jiaogepeng Education Technology Co., Ltd. for 180 million yuan [1] Financial Data - China Tower (00788) reported a mid-term profit attributable to shareholders of 5.757 billion yuan, an increase of 8.0% year-on-year, with the revenue share from its two wings business exceeding 14% [1] - Techtronic Industries (00669) reported a mid-term profit attributable to shareholders of 628 million USD, an increase of 14.17% year-on-year, with a dividend of 1.25 HKD per share [1] - Yum China (09987) reported a second-quarter operating profit of 304 million USD, a year-on-year increase of 14% [1] - Zibuyu (02420) issued a profit warning, expecting mid-term revenue to increase by approximately 30%-40% to between 1.9 billion and 2.047 billion yuan [1] - Angelalign (06699) issued a profit warning, expecting net profit for the first half of the year to be approximately 13.4 million to 14.8 million USD, a year-on-year increase of approximately 538.1% to 604.8% [1] - Boya Interactive (00434) issued a profit warning, expecting mid-term profit attributable to shareholders to decrease by approximately 25% to 35% [1] - Zhenjiu Lidu (06979) issued a profit warning, expecting mid-term net profit attributable to shareholders to decline by 23% to 24% [1] - Fourth Paradigm (06682) expects a narrowed adjusted net loss for the mid-term, down 68% to 73% year-on-year [1]

Core Viewpoint - Fourth Paradigm (06682) expects a significant reduction in adjusted net loss attributable to shareholders for the six months ending June 30, 2025, with a decrease of approximately 68% to 73% compared to the same period last year [1] Group 1: Financial Performance - The adjusted net loss for the six months is projected to be around RMB 152 million, indicating a strong improvement year-on-year [1] - The main driver for this performance is the robust demand for the company's core product, the Fourth Paradigm Prophet AI platform, which has led to revenue growth in this segment [1] Group 2: Revenue and Profitability - The revenue from the core business segment is increasing and its proportion of overall revenue is expanding, contributing to both overall revenue and gross profit growth [1] - The increase in consolidated operating expenses is lower than the growth in gross profit, enhancing the company's operating leverage and profitability [1]

Core Viewpoint - The company expects a significant reduction in adjusted net loss for the six months ending June 30, 2025, with a decrease of approximately 68% to 73% compared to the same period last year [1] Financial Performance - The adjusted net loss attributable to shareholders is projected to be around RMB 1.52 billion for the same period last year [1] - The growth in revenue and gross profit is driven by strong demand for the company's core product, the Fourth Paradigm Prophet AI platform [1] Operational Efficiency - The increase in overall operating expenses is lower than the growth in gross profit, indicating improved operational leverage [1] - The board attributes the performance improvement to the expanding share of the core business in overall revenue [1]

Core Viewpoint - Fourth Paradigm (06682) anticipates a significant reduction in adjusted net loss, projecting a decrease of approximately 68% to 73% year-on-year for the six months ending June 30, 2025 [1] Group 1: Financial Performance - The primary reason for the expected reduction in loss is attributed to strong demand from enterprise users for the company's core product, the Fourth Paradigm Prophet AI platform, which has driven revenue growth in this key business segment [1] - The revenue contribution from the core business segment continues to expand, positively impacting the overall revenue and gross profit of the company [1] - During this period, the increase in total operating expenses is lower than the growth in gross profit, enhancing the company's profitability through improved operating leverage [1]

Core Viewpoint - Fourth Paradigm (06682) expects a significant reduction in adjusted net loss by approximately 68% to 73% year-on-year for the six months ending June 30, 2025, driven by strong demand for its core product, the Fourth Paradigm Prophet AI platform [1] Group 1 - The main reason for the expected reduction in loss is the robust demand from enterprise users for the Fourth Paradigm Prophet AI platform, which has led to revenue growth in this core business segment [1] - The revenue from the core business segment continues to expand its share of overall revenue, contributing to both overall revenue and gross profit growth for the company [1] - The increase in total operating expenses during this period is lower than the growth in gross profit, enhancing the company's profitability through improved operating leverage [1]

Beijing Fourth Paradigm Technology Co., Ltd. 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 全部或任何部份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。 – 1 – 告 所 載 資 料 可 能 有 別 於 將 會 刊 發 之 財 務 資 料。股 東 及 本 公 司 潛 在 投 資 者 務 請 仔細閱讀預期將於2025年8月底之前刊發的本集團截至2025年6月30日止六個月 期 間 之 中 期 業 績 詳 情。 股 東 及 本 公 司 潛 在 投 資 者 於 買 賣 本 公 司 股 份 時 務 請 審 慎 行 事。 北京第四範式智能技術股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：6682） 預期虧損減少 本公告由北京第四範式智能技術股份有限公司（「本公司」，連 同 其 附 屬 公 司 為 「本集團」）根據香港聯合交易所有限公司證券上市規則（「上市 ...

Group 1 - The core point of the article is the announcement of a joint venture agreement between Fourth Paradigm (6682.HK) and Beijing Haibo Sichuang Technology Co., Ltd. to establish a new company focused on AI technology services in the power trading sector [1] - The proposed name for the joint venture is Energy Crystal (Beijing) Technology Co., Ltd. (tentative name) [1] - Upon establishment, Fourth Paradigm will hold a 19% stake in the joint venture, and its financial performance will not be consolidated into the group's financial statements [1] Group 2 - The establishment of the joint venture signifies a new height in the integration of "AI + energy storage" technology, aiming for deep exploration and innovative breakthroughs in technology, application scenarios, and industrial ecology [1]