Core Viewpoint - Datavault AI Inc. announces the distribution date of the Dream Bowl 2026 Meme Coin to eligible shareholders on December 24, 2025, as a gesture of appreciation for its partnership with Scilex Holding Company [1][4]. Group 1: Distribution Details - The distribution of the Meme Coin will occur on December 24, 2025, for eligible shareholders of Datavault AI and Scilex [1]. - Detailed instructions regarding wallet setup, token acquisition, and distribution process will be mailed to shareholders around December 12, 2025 [2]. - Eligible recipients must open a digital wallet with Datavault AI and sign an Opt-In Agreement to receive the Meme Coin [3]. Group 2: Token Characteristics - The Meme Coin is a digital collectible intended for personal, non-commercial use related to the Dream Bowl XIV event on January 11, 2026 [5]. - The coin does not confer any rights such as equity, voting rights, dividends, or profit-sharing in Datavault AI or any other entity [5]. - The Meme Coin will be tradable on Datavault AI's proprietary platform, Information Data Exchange, with trading expected to start around January 11, 2026 [6]. Group 3: Company Overview - Datavault AI is a leader in data monetization, credentialing, and digital interaction technologies, operating within the Web 3.0 environment [7]. - The company provides comprehensive solutions across various industries, including sports, entertainment, biotechnology, and fintech, leveraging patented technologies in audio and data science [7].

Core Viewpoint - Datavault AI Inc. is set to distribute the Dream Bowl 2026 Meme Coin to eligible equity holders on December 24, 2025, as a token of appreciation for its relationship with Scilex Holding Company [1][4] Group 1: Distribution Details - The distribution date for the Meme Coin is December 24, 2025, with a record date of November 25, 2025 [1] - Detailed instructions regarding wallet setup and token access will be mailed to stockholders on or about December 12, 2025 [2] - Eligible recipients must open a digital wallet and execute an Opt-In Agreement to receive the Meme Coins [3][4] Group 2: Characteristics of the Meme Coin - The Meme Coin is a digital collectible intended for personal, non-commercial use related to the Dream Bowl XIV event [6] - It does not confer any equity, voting, or ownership rights in Datavault AI or any other entity [6] - The Meme Coin is not designed as an investment or financial product and is limited to entertainment and event access [6] Group 3: Trading and Fees - The Meme Coins will be tradeable on Datavault AI's Information Data Exchange starting on or about January 11, 2026 [7] - Trading of Meme Coins will incur ordinary course trading fees based on transaction value [8] - There will be no fees for opening a digital wallet with Datavault AI for accepting the Meme Coins [8] Group 4: Company Overview - Datavault AI is a leader in AI-driven data experiences and monetization in the Web 3.0 environment [9] - The company provides solutions across multiple industries, including sports, entertainment, biotech, and healthcare [9] - Datavault AI's technology suite includes AI and Machine Learning automation, third-party integration, and detailed analytics [9]

Core Insights - The Federal Reserve's decision to cut the Fed funds rate reflects concerns about the economy and the US labor market, impacting crypto investors [2] - The CFTC has launched a pilot program allowing certain crypto tokens, including Bitcoin, Ether, and USDC, to be used as collateral in derivatives markets [3][5] - Soulmate's acquisition of Rockaway X aims to enhance its digital asset treasury capabilities and position Abu Dhabi as a competitive crypto hub [7][8] Group 1: Federal Reserve and Market Reactions - Investors are analyzing the implications of the Federal Reserve's final meeting in 2025, particularly its decision to cut interest rates [2] - Bitcoin treasury firm 21 Capital saw its shares rise by approximately 5% after a significant drop of 25% on its first trading day [2] Group 2: CFTC Developments - The CFTC's pilot program includes enhanced monitoring and reporting requirements for digital asset collateral, focusing on operational issues [5] - The CFTC emphasizes that tokenized assets will be evaluated individually to ensure compliance with existing regulations [5] Group 3: Soulmate and Rockaway X Merger - Soulmate's acquisition of Rockaway X is seen as a strategic move to combine treasury management with advanced transaction validation services [8][9] - The merger is intended to shift Soulmate's focus from net asset value to revenue generation and operational efficiency [11] - Abu Dhabi is positioned as a central hub for transaction validation, with ambitions to stake a significant portion of the Solana network [12][15] Group 4: Future of Crypto and Market Outlook - The CEO of Soulmate believes that the future of financial products will be built on blockchains rather than traditional financial institutions [26] - The growth of blockchain usage is prioritized over the price fluctuations of underlying currencies, indicating a long-term vision for the industry [26][27]

Core Viewpoint - The company, Tianji Holdings, is focused on providing comprehensive IP ecosystem construction and operational services, leveraging Web 3.0 infrastructure and AI technology to integrate brands, IPs, and creators into an open commercial network [2][3]. Group 1: Business Model and Core Services - Tianji Holdings operates in the consumer IP sector, focusing on three core businesses: IP digitization, secondary trading of IP products, and IP ecosystem operation [2]. - The company utilizes blockchain technology to convert traditional IP products into verifiable digital assets, ensuring authenticity, traceability, and standardized ownership [2][3]. - In the secondary trading business, the company collaborates with trusted trading platforms to facilitate legitimate IP product transactions and provides a built-in royalty distribution mechanism for creators [3][4]. Group 2: Ecosystem and Community Engagement - The company builds high-interaction fan communities through loyalty programs and co-creation activities, enhancing long-term engagement and value growth between IP brands and users [3]. - Tianji Holdings has established an online community, LaLiga Club, for millions of fans, and created the i-520 Sports Art Interactive Center to integrate isolated consumption scenarios into an alliance ecosystem [3][4]. Group 3: Industrial IP and Strategic Partnerships - The company has formed a strategic partnership with the Saudi Ministry of Industry and Mineral Resources to assist in the national-level industrial IP construction under Saudi Arabia's Vision 2030 [4][5]. - Tianji Holdings is actively participating in the transformation of Saudi Arabia's culture, sports, tourism, and real estate sectors, having signed a comprehensive cooperation agreement with the Saudi Ministry [5]. Group 4: Future Growth and Market Potential - The company anticipates significant growth potential in its IP business, with the consumer IP sector entering a harvest phase and industrial IP solutions expected to generate stable revenue soon [9]. - The business model is designed for rapid replication and scale expansion, indicating a potential for multiple growth in overall performance [9].

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之內容概不負責， 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 何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 # 中國金融租賃集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號： ） 自願性公告 最新業務資料 本公告乃中國金融租賃集團有限公司（「本公司」）自願發出，以知會本公司股東（「股 東」）及潛在投資者有關本公司之最新業務發展。 1 認購事項所得款項之動用 於本公告日期，本公司已按原定計劃動用大部分來自股份認購事項之所得款項淨 額，並已悉數動用預留於投資上市及非上市證券之部分。 未來計劃 本公司將持續探索於人工智能及Web 3.0領域營運之企業的投資機會。本公司亦可 能視適當時機考慮籌集額外資金，以支持其投資策略及業務發展。 承董事會命 中國金融租賃集團有限公司# 主席 謹此提述(a)Longling Capital Limited及本公司聯合刊發日期為二零二五年七月 二十八日的綜合要約及回應文件，內容有關強制性有條件現金要約（「強制性全面 收購要約」），(b)本公司日期為二零二五年十月五日及二零二 ...

Market Overview - The report highlights a risk-averse sentiment in the market, driven by the Bank of Japan's hints at interest rate hikes, which have led to a rise in global bond yields [8][10] - The Dow Jones Industrial Average fell over 400 points, while Bitcoin experienced a significant drop of 8.6%, reaching a low of $83,979 [10] - The 10-year Japanese bond yield surpassed 1% for the first time since 2008, and the U.S. 10-year bond yield increased by 7.13 basis points to 4.0845% [8][10] - Silver prices reached record highs, with spot silver rising by up to 4.32% to $58.8425 per ounce [8][10] - The core drivers of the market remain the expectations surrounding the Federal Reserve's policy shift and the Bank of Japan's hawkish stance [8] Investment Strategy - The report suggests a diversified investment approach, advocating for a sector rotation from technology to cyclical stocks [8] - It emphasizes the importance of dynamic risk management, including adjusting duration and credit risk exposure [8] Company-Specific Insights - The report notes that the company "心動公司" (Heart Movement Company) reported a net profit of approximately RMB 810 million for the first half of the year, more than doubling year-on-year, with a gross margin exceeding 70% [19] - "同程旅行" (Tongcheng Travel) achieved a revenue growth of about 10.4% year-on-year to approximately RMB 5.5 billion in Q3 2025, with adjusted net profit rising by approximately 16.5% to about RMB 1.06 billion [19] - "中興通訊" (ZTE Corporation) reported revenue of RMB 100.52 billion for the first three quarters of 2025, reflecting a year-on-year growth of approximately 11.6%, indicating a solid market position in the 5G and ICT infrastructure sectors [19] Economic Data - The report includes key economic indicators, such as Japan's consumer confidence index at 36.2 for November and Brazil's industrial production growth of 0.5% month-on-month for October [17]

Core Insights - Trident Digital Tech Holdings Ltd. will serve as the Title Sponsor for Singapore Comic Con 2025, enhancing digital engagement and offering exclusive promotions [1][2][8] Group 1: Event Overview - Singapore Comic Con 2025 is set to be the largest edition since the pandemic, taking place on December 6-7, 2025, at Marina Bay Sands Expo & Convention Centre [2][9] - The event aims to deepen fan engagement and strengthen connections among attendees, creators, and merchants through an expanded range of digital-first experiences [2] Group 2: Tridentity Activations - Tridentity will introduce the Comic Con Quest, a pre-event trivia challenge that allows fans to earn points and win VIP passes and tickets [4] - Exclusive ticket bundles will be offered, combining SGCC tickets with added-value voucher packs [5] - An on-site interactive zone will feature daily lucky draws, exclusive giveaways for new app sign-ups, and merchant counters for live TriVoucher transactions [6] Group 3: Merchant Integration - Tridentity will collaborate with SGCC exhibitors to feature them in the Tridentity app, providing vouchers and discounts to drive foot traffic to their booths [7] - Special TriVoucher redemptions will be enabled throughout the event, enhancing the overall experience for attendees [7] Group 4: Company Vision - The CEO of Trident emphasized that returning as Title Sponsor allows the company to elevate fan engagement through innovative digital experiences, blending physical fandom with secure digital interactions [8]

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 17.94 CNY based on a 39x PE ratio for 2025 [3][6]. Core Insights - The company is leveraging AI across its business operations to enhance competitiveness and efficiency, particularly in virtual power plant operations and electricity trading [2][9]. - The company is exploring new opportunities in Real World Assets (RWA) by launching a project in collaboration with Ant Group, focusing on financial services for renewable energy assets [9]. - Adjustments to revenue growth rates and expense ratios have led to revised earnings per share (EPS) forecasts of 0.46, 0.63, and 0.76 CNY for 2025-2027, down from previous estimates [3][10]. Financial Performance Summary - Revenue for 2023 is projected at 4,727 million CNY, with a year-on-year growth of 3.9%. However, a decline of 5.2% is expected in 2024 [5][12]. - The company anticipates a significant recovery in operating profit, with a forecast of 459 million CNY in 2025, representing a 226.3% increase from the previous year [5][12]. - The gross margin is expected to improve to 45.0% by 2025, up from 40.7% in 2023, driven by changes in revenue structure [5][9]. Market Performance - The company's stock price as of November 28, 2025, was 16.22 CNY, with a 52-week high of 27.64 CNY and a low of 9.91 CNY [6][10]. - The company has shown a relative performance of -0.83% over the past week and -36.99% over the past three months compared to the CSI 300 index [7].

Core Insights - Datavault AI Inc. has entered into a software licensing agreement with the World Boxing Council (WBC) to utilize its patented technologies at WBC championship events through 2025 and 2026 [1][10] Group 1: Partnership Details - The agreement allows Datavault to implement its ADIO® ultrasonic engagement technology, DataVault®, VerifyU™, and Information Data Exchange (IDE) platform at WBC events [1] - Revenue generated from event-driven activations will be shared equally between Datavault and WBC on a 50/50 basis [3] Group 2: WBC Overview - The WBC is a prominent sanctioning body in professional boxing, overseeing events in over 170 countries and establishing global standards for fighter safety and competition integrity [2][12] - Recent championship fights, such as Canelo Álvarez vs. Terence Crawford, have attracted significant viewership, with 41 million viewers reported for the latter event [5] Group 3: Data Monetization Potential - Datavault's technology enables the capture of authenticated audience interactions across various channels, creating compliance-ready datasets for sponsors and rights-holders [4][6] - For example, if 10% of 40 million viewers engage through Datavault's technology, it could result in approximately 4 million authenticated interactions, potentially generating multi-million-dollar datasets for future campaigns [8] Group 4: Management Commentary - WBC President Mauricio Sulaimán expressed enthusiasm for integrating Datavault's technology to enhance audience engagement and create new value for fans and partners [11] - Datavault CEO Nathaniel Bradley highlighted the partnership's alignment with the company's mission to transform audience participation into high-integrity data assets with measurable commercial value [11]

Core Insights - Datavault AI has successfully closed the second tranche of equity financing with Scilex Holding Company, involving the issuance of a pre-funded warrant for approximately 263.91 million shares in exchange for about 1,237.6 Bitcoin [1][8] - The strategic investment aims to enhance Datavault's digital asset reserves, accelerate supercomputing infrastructure, support platform expansion, and create new revenue streams [2] - Datavault has granted Scilex an exclusive worldwide license for its AI-driven technology tailored for the biotech and biopharma industry, enabling the creation of a Biotech Exchange platform [3] Financial Details - The second tranche follows an initial investment in September 2025, valued at approximately $8 million in Bitcoin [1] - Under the licensing agreement, Datavault will receive a nonrefundable upfront license fee of $2.5 million in four installments, totaling $10 million, and is eligible for sales milestone payments up to $2.55 billion [4] Leadership Commentary - Scilex CEO Henry Ji expressed confidence in the collaboration, highlighting the alignment of Datavault's technologies with the biotech sector's needs for advanced data analytics and supercomputing power [5] - Datavault CEO Nathanial Bradley welcomed Scilex as a major stockholder, emphasizing the shared vision for leveraging digital assets to capture market share in the biotech sector [5] Company Overview - Datavault AI specializes in AI-driven data experiences and asset monetization in the Web 3.0 environment, offering solutions across various industries including biotech, fintech, and healthcare [6][7] - The company’s technology suite includes customizable AI and Machine Learning automation, detailed analytics, and marketing automation [9]