Group 1 - Nobikang Artificial Intelligence Technology (Chengdu) Co., Ltd. has officially listed on the Hong Kong Stock Exchange on December 23, marking a new phase in its development in the international capital market [1] - Founded in 2015, Nobikang integrates artificial intelligence and digital twin technology, focusing on areas such as rail transit operation and maintenance, power grid monitoring, and smart cities [1] - The company is projected to become China's second-largest AI-powered power supply detection and monitoring system provider by 2024, with a market share of approximately 5.9% [1] Group 2 - Nobikang's revenue is expected to grow from 253 million yuan in 2022 to 403 million yuan in 2024, while net profit is forecasted to increase from 63.2 million yuan to 115 million yuan during the same period [1] - The funds raised from the IPO will be used to strengthen core competitiveness in the AI + transportation and energy sectors, promote business scaling, and enhance intelligent monitoring and maintenance technology development [1] - The listing exemplifies Chengdu's approach of nurturing innovative enterprises through "patient capital," with the establishment of the Wufan Science and Technology Innovation Fund in collaboration with Zhuge Capital [2]

Core Viewpoint - Nobikang, a local AI company in Chengdu, officially listed on the Hong Kong Stock Exchange on December 23, with its opening price significantly rising by 300% compared to the issue price [1]. Group 1: Company Overview - Nobikang focuses on the industrial application of advanced technologies such as AI and digital twins in sectors like transportation, energy, and urban governance [2]. - The company provides integrated hardware and software solutions based on comprehensive AI industry models for monitoring, detection, and operation and maintenance purposes [2]. Group 2: Financial Performance - Nobikang has shown steady revenue growth in recent years, with revenues of 253 million yuan, 364 million yuan, and 400 million yuan from 2022 to 2024 [3]. - The gross profits during the same period were 140 million yuan, 211 million yuan, and 237 million yuan, indicating a consistent increase in profitability [3]. - The net profits for the years 2022, 2023, and 2024 were 63.16 million yuan, 88.57 million yuan, and 115 million yuan, with profit margins of 25.1%, 24.3%, and 28.6%, respectively, reflecting an improvement in profitability [3]. Group 3: Market Reaction and Fundraising - The market response to Nobikang's listing was enthusiastic, with a global offering of 3.7866 million shares, where 10% was allocated for Hong Kong and 90% for international sales, along with a 15% over-allotment option [3]. - The raised funds will primarily be used to enhance core competitiveness in the AI + transportation and energy sectors, advance the R&D of intelligent technologies for railway scenarios, expand market coverage, and supplement operational liquidity, laying the foundation for global expansion [3].

在工业互联网与智能制造深入推进的背景下，高精度的网络规划与仿真成为实现数字孪生、提升生产效能的关键支撑。面对"工业互联网仿真软件有哪 些？"的常见议题，除广为人知的通用仿真平台外，专注于无线网络规划与仿真的Ranplan Professional与Ranplan Academic正凭借其专业定位与技术深度，在 行业与学术领域展现出独特价值。以下将基于其核心能力与适用场景，展开客观梳理与分析。 NO.1 Ranplan Professional：面向工业场景的无线网络数字孪生专家 Ranplan Professional是一款先进的3D建模与网络仿真平台，致力于为通信运营商、设备商、垂直行业（如智能制造、智慧矿山、港口船舶）提供从设计、规 划到优化的全生命周期网络支撑。其核心价值在于通过高精度数字孪生，在物理部署前预见并解决网络问题，显著降低投资风险与后期整改成本。 当前，以数字孪生为核心的仿真技术正成为工业智能化的关键支柱。Ranplan凭借其在全球超过十年的研发投入（累计近5亿元）与深厚的行业积淀，在无线 网络规划仿真这一细分领域构建了显著的技术优势。对于寻求网络规划可靠性、前瞻性研究能力或专业人才培养的用 ...

System-level digital twins for SDVs using existing technologies can be complex and time consuming to create and validate. To solve this bottleneck, PAVE360 Automotive delivers a fully integrated, system-level digital twin that can be deployed on day one – reducing the time, effort and cost required to build such environments from scratch. PAVE360 Automotive using Arm Following prior collaboration with Arm which resulted in accelerated virtual environments for its Arm Cortex- A720AE in 2024 and Arm Zena Comp ...

Core Viewpoint - The Hong Kong stock market is experiencing a peak in new stock offerings, with six new stocks opening for subscription on December 18, including Wuyi Vision (06651.HK) [2] Group 1: Company Overview - Wuyi Vision is a digital twin technology company in China, focusing on 3D graphics, simulation, and artificial intelligence [4] - The company provides digital twin solutions across various sectors, including urban planning, water resource management, energy, automotive, transportation, robotics, entertainment, and social media [4] Group 2: Financial Information - Wuyi Vision plans to issue approximately 23.9752 million H-shares, with a public offering of 1.1988 million shares (about 5%) and an international offering of 22.7764 million shares (about 95%) [2] - The expected net proceeds from the offering are approximately HKD 653 million, with a share price set at HKD 30.5 [2] - The company's revenue is projected to grow from RMB 170 million in 2022 to RMB 287 million in 2024, with adjusted net losses narrowing to RMB 43.06 million [5][6] Group 3: Use of Proceeds - Approximately 80% of the funds raised will be allocated to research and development initiatives, 10% for marketing activities in China and overseas, and 10% for working capital and general corporate purposes [4] Group 4: Market Analysis - Analysts note that Wuyi Vision's public offering is relatively small compared to other new stocks, which may lead to lower subscription rates due to high demand from retail investors [2] - The company's market capitalization post-listing is expected to be around HKD 12.4 billion, with a price-to-sales ratio of approximately 40.0X for 2025 revenue, indicating a high valuation [6]

Group 1 - The company, Wuyi Vision (06651), plans to conduct a global offering of 23.9752 million shares from December 18 to December 23, 2025, with a share price of HKD 30.5 [1] - The offering will consist of 5% for Hong Kong and 95% for international investors, with an additional 15% over-allotment option [1] - The expected net proceeds from the global offering are approximately HKD 653 million, assuming the over-allotment option is not exercised [4] Group 2 - The company specializes in digital twin technology, focusing on 3D graphics, simulation, and artificial intelligence, creating high-precision virtual replicas of physical objects or systems [2] - Digital twin applications span various fields, including urban planning, traffic management, and emergency response strategies, providing solutions for enterprises across multiple industries [2] - The company offers products and solutions through its platforms, including 51Aes for digital twin development and application, covering over ten industries such as urban, industrial, and healthcare [2] Group 3 - 51Sim is a leading synthetic data and simulation platform in China, providing software products for intelligent driving simulation and training AI systems, enhancing safety and efficiency [3] - The platform utilizes advanced technologies like data-driven simulation and generative AI, aiming to build a universal simulation and synthetic data platform for various industries [3] - 51Earth aims to create an accessible digital twin world for enterprises and consumers, with a focus on high-quality data assets to support its long-term vision [3] Group 4 - The company plans to allocate approximately 80% of the net proceeds from the global offering to research and development initiatives, 10% for marketing activities in China and abroad, and 10% for working capital and general corporate purposes [4]

 Vancouver, BC – TheNewswire - December 2, 2025 – XR Immersive Technologies Inc. (CSE: VRAI, OTC: FNTTF, FSE: 79W0) (“XR” or the “Company”) is providing a corporate update following the appointment of Shafin Diamond Tejani as Special Advisor, originally announced on October 9, 2025.Since the appointment, the Company has focused on three core priorities: (1) completing all outstanding financial filings, (2) advancing commercialization of its health-related digital twin technology, and (3) progressing through ...

Summary of NVIDIA and Synopsys Partnership Announcement Industry and Companies Involved - **Industry**: Engineering and Design, specifically focusing on Electronic Design Automation (EDA), System Design Automation (SDA), and Computer-Aided Engineering (CAE) - **Companies**: NVIDIA and Synopsys Core Points and Arguments 1. **Strategic Partnership Announcement**: NVIDIA and Synopsys are expanding their long-standing relationship to integrate Synopsys' engineering software with NVIDIA's accelerated computing and AI technology, aiming to revolutionize engineering across multiple industries [1][5][11] 2. **Engineering Complexity**: The partnership addresses the increasing complexity in engineering design, particularly in integrating various engineering domains such as electronics, mechanical, and thermal systems [5][6] 3. **Acceleration of Engineering Processes**: The collaboration aims to achieve significant acceleration in engineering workflows, with potential speed-ups ranging from 10x to over 1,000x, allowing tasks that previously took weeks to be completed in hours [13][14] 4. **Market Expansion**: The partnership is expected to unlock new market opportunities, expanding Synopsys' reach from chips to nearly every industry, thus addressing a multi-trillion dollar market [16][29] 5. **Investment Commitment**: NVIDIA announced a $2 billion investment into Synopsys, demonstrating commitment to the partnership and the potential for significant growth in the engineering sector [22][45] 6. **Shift in Computing Paradigm**: The partnership signifies a shift from general-purpose computing to accelerated computing, with NVIDIA's technology expected to dominate the EDA industry, similar to trends seen in scientific computing [31][54] 7. **Integration of Technologies**: The collaboration will integrate NVIDIA's CUDA technology and AI capabilities into Synopsys' software, enhancing simulation and design processes [36][60] 8. **Non-Exclusive Relationship**: The partnership is non-exclusive, allowing Synopsys to continue working with other chip partners while leveraging NVIDIA's technology [18][60] Other Important but Possibly Overlooked Content 1. **Historical Context**: The partnership builds on a 33-year relationship, with Synopsys having supported NVIDIA since its inception [17][67] 2. **Customer Adoption**: There is an expectation that customers will rapidly adopt the new technologies due to the pressing need for speed and accuracy in engineering design [56] 3. **Future Roadmap**: By 2026, both companies aim to address key bottlenecks in design processes, with a commitment to prioritize R&D efforts on NVIDIA's GPU technology [53][56] 4. **Regulatory Considerations**: Concerns were raised about potential regulatory scrutiny regarding NVIDIA's investments in multiple companies, but the partnership remains focused on mutual growth without exclusivity [58][60] 5. **Broader Implications**: The partnership is positioned as a significant opportunity for both companies to lead in the industrial AI and physical AI sectors, which represent a substantial portion of the global economy [66][67]

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of Beijing 51WORLD Digital Twin Technology Co., Ltd. 北京五一視界數字孿生科技股份有限公司 (the "Company") (a joint stock company incorpo ...

Core Insights - Mixie Technologies, Inc. has entered into a binding Letter of Intent to acquire 25% of HoloTwin LLC, with an option to acquire an additional 26% [1] - The company is transitioning to a technology-centered model focused on scalable platform solutions and recurring revenue [2] Company Overview - Mixie Technologies is developing a technology ecosystem that includes AI tooling, digital twin infrastructure, and media technologies, aimed at creating productized deployments and long-term licensing opportunities [2][8] - The company was formerly known as Pure Harvest Corporate Group and has recently changed its name in November 2025 [9] HoloTwin LLC - HoloTwin develops a digital twin platform that consolidates operational data from various vendor systems into a unified interface, addressing fragmentation in venue operations [3][10] - The platform is particularly beneficial for sports and entertainment sectors, where it enhances operational efficiency and decision-making [4][10] Market Potential - The global digital twin market is projected to grow significantly, with estimates ranging from USD 24.48 billion in 2025 to USD 259.32 billion by 2032, indicating a compound annual growth rate (CAGR) of approximately 40.1% [5] - Another analysis suggests a growth from USD 21.14 billion in 2025 to USD 149.81 billion by 2030, with a CAGR near 47.9% [5] Strategic Importance - The acquisition of HoloTwin aligns with Mixie's strategy to become a platform-based technology company, enhancing its capabilities in digital twin visualization and AI-supported analysis [6] - The engagement with a major global sports organization highlights HoloTwin's role in improving venue operations and infrastructure oversight [4][6] Transaction Details - The completion of the transaction is subject to customary closing conditions, including due diligence and the execution of a definitive agreement [7]