Core Viewpoint - CloudWalk Technology (云从科技) holds a 32.21% stake in Zhongsu Xinke (众数信科) through its wholly-owned subsidiary, Guangzhou CloudWalk, and there is no substantial competition between the two companies as they have clear strategic synergies and ecological complementarity [1] Group 1 - CloudWalk Technology's core business focuses on providing efficient human-machine collaborative operating systems and industry solutions, particularly in smart finance and smart governance [1] - The CWOS serves as a foundational technology platform with comprehensive perception, cognition, and decision-making capabilities, offering AI support and an efficient development environment through platformization, standardization, and modularization [1] - Zhongsu Xinke is positioned as a provider of enterprise AI intelligent agent solutions, utilizing CloudWalk's platform technology to deliver customized AI products and solutions for specific vertical industries such as maritime, smart water management, and education [1] Group 2 - The collaboration between CloudWalk Technology and Zhongsu Xinke follows a "platform + application" model, effectively extending the core technology and facilitating commercialization, with significant differentiation in their business areas that does not constitute substantial competition [1]

Core Viewpoint - Huawei and CloudWalk Technology (688327) are collaborating to create a secure training environment for AI models, enhancing the development of AI agents through the establishment of the Wuhan National Cybersecurity Base Training and Promotion Integration Center, which is the first of its kind in China based on a trusted data space [1] Group 1 - CloudWalk Technology received the "Ascend Ecosystem Best Practice Partner" award at the 2025 Huawei Connect Conference [1] - The collaboration between Huawei and CloudWalk Technology began in 2019, focusing on the development of AI models during the early stages of the domestic AI large model industry [1] - CloudWalk Technology has developed a unique "hybrid cloud + hybrid model" architecture using Huawei's Ascend hardware and the MindSpore AI framework, which combines public and private clouds as well as open-source and closed-source models to meet data security requirements while providing efficient AI services [1] Group 2 - CloudWalk Technology is building an AI industry ecosystem through strategic investments in companies such as Yiswei Computing, Zhongshu Xinke, and Yuansheng Intelligent [2] - The ecosystem integrates Yiswei's computing chip capabilities, Zhongshu Xinke's AI agent technology, and Yuansheng Intelligent's terminal application solutions, complementing CloudWalk Technology's AI infrastructure and intelligent agent platform [2] - This collaborative effort is expanding the application boundaries of AI technology and fostering new innovative application scenarios [2]