Financial Data and Key Metrics Changes - The company reported exceptionally strong results, setting new records in most metrics for the quarter, which is unusual for Q4 [6][7] - The growth is accelerating, indicating strong momentum in the U.S. and Canadian markets [15][16] Business Line Data and Key Metrics Changes - The 0% APR offerings have attracted a significant number of new users, with 50% of first-time users opting for this rate [20][21] - Repeat usage rates for users acquired through 0% APR promotions are comparable to traditional users, with many converting to interest-bearing loans over time [25][26] Market Data and Key Metrics Changes - The company has seen a strong performance in the consumer segment, with a focus on maintaining high credit performance despite macroeconomic shifts [31][36] - 95% of transactions in the quarter came from repeat borrowers, indicating a solid customer base [37] Company Strategy and Development Direction - The company is focusing on expanding its international presence, particularly in the UK, with plans to leverage partnerships like Shopify [75][76] - The strategy includes enhancing the Affirm card offerings and increasing the attach rate, which is currently at 10% [46][48] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to manage credit performance and maintain strong results despite potential consumer stress from factors like student loan repayments [32][36] - The funding environment remains favorable, with a 55% year-over-year increase in funding capacity, allowing for continued growth [40][41] Other Important Information - The company is actively investing in the Affirm card, which has shown significant growth and is expected to continue expanding [48][50] - The 0% APR product is seen as a competitive advantage, with the company emphasizing its unique underwriting capabilities [55][59] Q&A Session Summary Question: Insights on consumer stress and optimism - Management noted that consumer performance continues to be strong, with positive momentum in the U.S. and Canada [14][15] Question: Repeat rates for first-time users with 0% APR - Management confirmed that users attracted by 0% APR promotions do repeat their usage and often convert to interest-bearing loans [25][26] Question: Concerns about consumer credit quality - Management reassured that credit performance remains a top priority, with consistent monitoring and adjustments as needed [31][36] Question: Impact of funding environment on competition - Management acknowledged the favorable funding conditions but emphasized their focus on maintaining high credit quality and long-term partnerships [40][41] Question: Strategy for the Affirm card and its growth - Management highlighted the card's strong performance and ongoing investments to enhance its appeal and functionality [48][50] Question: International expansion strategy - Management confirmed ongoing testing in the UK and plans for careful expansion into other European markets [75][76]

Group 1 - The "Huhhot-Shanghai Talent and Technology Innovation Cooperation Alliance" has been officially launched in Shanghai, marking a significant milestone in the deep integration of technological resources between the two regions [1][2] - Inner Mongolia aims to attract talent through the "Talent New Policy" package, focusing on high-quality development and modern industrial system construction, particularly in natural sciences and engineering [2][4] - The cooperation will expand across various dimensions including talent, technology, healthcare, education, and culture, enhancing Inner Mongolia's cultural soft power and socio-economic development [1][3] Group 2 - The "Yingcai Xingmeng" project has been upgraded to attract and cultivate high-level talent, with a focus on supporting high-level talent to form teams and convert research results locally [2][4] - Inner Mongolia's rich resources and stable economic foundation complement Shanghai's advantages in finance, education, and digital economy, fostering a strong collaborative environment [2][3] - The two regions have seen increased exchanges and cooperation in areas such as new energy and equipment manufacturing, with projects like the integrated "source-network-load-storage" initiative [3][4] Group 3 - Inner Mongolia is implementing the "Science and Technology Prosperity" initiative, collaborating with Shanghai Jiao Tong University to establish research centers and promote industry-academia cooperation [4] - The establishment of 25 joint research centers and the involvement of 145 expert teams from Shanghai Jiao Tong University aim to drive innovation and business incubation in Inner Mongolia [4] - A new initiative called "Long Triangle Medical Experts Inner Mongolia Border Action" has been proposed to strengthen collaboration in public health and welfare [4]

Group 1 - The company reported a revenue of 14.125 million HKD for the mid-year of 2025, representing a year-on-year decline of 11.2% [1] - The net profit for the period was 1.107 million HKD, a significant improvement from a loss of 1.35 million HKD in the same period last year [1] - The basic earnings per share were reported at 0.01 HKD [1]

随着数字经济的飞速发展，金融行业的数字化转型不断加速亚博，但随之而来的信息泄露、数据篡改、 交易欺诈等安全风险也日益凸显，如何构建更可靠的金融信任体系成为行业亟待解决的难题。吕文扬团 队敏锐洞察到区块链技术在 "去中心化""不可篡改""透明可追溯" 等方面的独特优势，将其与金融安全 需求深度结合，通过多年技术攻坚与场景落地，为金融领域搭建起一道坚实的安全屏障，推动行业信任 体系的重塑。 在区块链技术应用于金融安全的初期，吕文扬便发现传统金融系统中 "数据孤岛" 与 "信任壁垒" 两大核 心痛点 —— 不同金融机构间的数据难以共享，导致客户身份核验、风险评估等流程繁琐且效率低下， 同时中心化的数据存储模式易遭受黑客攻击，存在数据被篡改或泄露的风险。为破解这一困境，他带领 团队研发出 "联盟链金融安全平台"，该平台基于自主研发的区块链底层架构，采用 "许可访问 + 分布式 记账" 模式，将银行、保险、证券等金融机构纳入联盟网络。在平台中，各机构可在保障数据隐私的前 提下实现合规数据共享，例如银行在进行信贷审批时，可通过平台快速获取企业在其他机构的信用记录 与交易流水，无需企业重复提交材料，审批效率提升 60% 以 ...

香港财政司司长陈茂波：香港已将人工智能列为核心产业之一 中新网香港8月28日电 香港特区政府财政司司长陈茂波28日表示，特区政府已将人工智能列为核心产业 之一，希望将人工智能融入经济各个领域。目前，香港努力吸引相关企业和人才，并鼓励人工智能与金 融服务业进行跨领域合作。 来源：中国新闻网 编辑：万可义 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 8月28日，香港特区政府财政司司长陈茂波在港出席"Fintech Forum 2025"活动。 (香港特区政府新 闻处 供图) 陈茂波在港出席一个与金融科技相关的论坛" Fintech Forum 2025"时作出以上表示。他称，特区政府支 持创新，也拥抱新技术。金融领域应用人工智能，可加强客户服务和改善风险管理，使金融服务更加高 效及更具包容性和可获得性。但也要注重监管，应对网络安全、保护数据隐私及知识产权等潜在挑战。 陈茂波表示，香港已有1100多家金融科技公司，类型覆盖了 ...

Group 1 - On August 28, Cambrian Technology's stock price reached a high of 1595.88 yuan, closing at 1587.91 yuan, surpassing Kweichow Moutai's closing price of 1446.10 yuan by 9.8% [1][2] - This marked the first time Cambrian Technology dethroned Kweichow Moutai from its position as the "king of A-shares" [2] - The market sentiment indicates a significant shift in A-share market dynamics, as reflected by Cambrian's stock performance [2] Group 2 - Investor Zhang Jianping, known as "Zhang the Leader," holds 608.63 million shares of Cambrian Technology, with a total cost estimated around 40 billion yuan [3][5] - On August 28 alone, Zhang's unrealized gains from Cambrian exceeded 1.3 billion yuan, potentially setting a record for single-day gains in a single stock [4][6] - Zhang Jianping's investment strategy includes early positioning and trend trading, which has contributed to his success in the market [6] Group 3 - Zhang Jianping has also invested in four new companies: Huibo Yuntong, Ningbo Huaxiang, Longxi Co., and Changyang Technology, with varying performance in the market [7][8][9][10][11] - Huibo Yuntong has seen a 137% increase this year, focusing on financial technology solutions [8] - Ningbo Huaxiang has risen by 104%, with significant developments in humanoid robotics [9] - Longxi Co. has increased by 147%, specializing in technologies for humanoid robots [10] - Changyang Technology has shown over 40% growth, focusing on high-performance polymer films [11]

深圳市大金象人工智能科技有限公司 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的任何損失承擔任何責任。 Elephant Holdings Group Limited 大象控股集團有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：8635） 自願公告 新 業 務 發 展－成 立 誠 如 本 公 司 截 至 二 零 二 五 年 年 三 月 三 十 一 日 止 年 度 的 年 度 報 告 所 披 露，本 集 團年內收入減少約21.3%，主 要 由 於 金 融 交 易 解 決 方 案 及 其 他 資 訊 科 技 服 務 分 部的收入減少約34.8%。鑑 於 當 前 充 滿 挑 戰 的 市 場 環 境，本 集 團 致 力 於 探 索 新 的 業 務 機 會，以 實 現 業 務 多 元 化 並 拓 寬 收 入 來 源。為 保 持 競 爭 力 及 抓 住 市 場 機 遇，本 集 團 旨 在 ...

Core Viewpoint - Guangdian Yuntong Group Co., Ltd. reported a revenue of 5.275 billion yuan for the first half of 2025, marking a year-on-year growth of 12.07%, with a net profit attributable to shareholders of 466 million yuan, indicating a stable and improving fundamental performance [1] Group 1: Financial Performance - The company achieved an operating income of 5.275 billion yuan, reflecting a 12.07% increase year-on-year [1] - The net profit attributable to shareholders reached 466 million yuan [1] Group 2: AI and Technology Development - Guangdian Yuntong is focusing on "AI in all" strategy, emphasizing independent technological innovation and the integration of AI and automation technologies to create a differentiated competitive advantage [1] - The company invested over 500 million yuan in R&D during the first half of the year, enhancing the foundational capabilities of its Wangdao large model and developing an intelligent application development platform [1] - The AI Agent platform supports various applications, including intelligent inquiry, document writing, and health consultations, with implementations in multiple government departments and a provincial transportation group [1] Group 3: Business Empowerment - The company's AI technology is penetrating core sectors, aiding banks in digital transformation across areas such as digital operations and risk control [2] - In the AI governance sector, Guangdian Yuntong has developed products like smart city brains and public data operation platforms, contributing to urban digital governance in several regions [2] - The company is advancing its vertical scene robot layout, with ongoing projects in financial robots and inspection robots, enhancing operational efficiency and resource utilization [2] Group 4: Cross-Border Payment and International Expansion - Guangdian Yuntong is exploring opportunities in the global international payment market, focusing on cross-border RMB payment services and international innovation [3] - The relocation of its subsidiary, Zhongjin Payment, from Beijing to Guangzhou is significant, marking a major step in the establishment of a payment license in the city [3] Group 5: Intelligent Computing Products - The company’s subsidiary, Guangdian Wuzhou, is enhancing its market position in sectors like cybersecurity and meteorological services, launching the first domestic pump-driven two-phase liquid cooling server [3] - This product upgrade aims to strengthen technological leadership and support the application of "AI+" across various industries [3]

每日经济新闻消息，8月28日，寒武纪股价最高达到1595.88元，最终报收于1587.91元。 同一天，贵州茅台报收于1446.10元，绝对价格被寒武纪超出9.8%。 这意味着，寒武纪首次将贵州茅台从A股"股王"的宝座拉了下来。 章建平为人低调，从不接受媒体采访，也不公开发言。这种低调的行事风格使他能够在市场中保持神秘 感，减少外界对其投资决策的干扰。而在投资上，章建平善于提前布局，把握政策产业趋势，短线趋势交 易和波段操作是其最大特点。 另一个问题是，除寒武纪外，章建平在今年还重仓哪些个股，这些个股的表现又如何？ 统计显示，截至已经披露的上市公司中报，章建平共出现在6家公司的前十大股东名单中。除了寒武纪 外，二季度新进4家公司，另有一家公司持仓量略有减持。 具体来看，新进的4家公司分别为慧博云通、宁波华翔、龙溪股份和长阳科技，减持的公司为中坚科技。 首先是慧博云通，今年以来累计上涨137%。中报显示，章建平二季度建仓387.45万股，为第七大流通股 东。 不管后续"股王"之争是否还有反复，在部分股民看来，1587.91元的"寒王"，意味着A股市场风格已经发生 深刻变化。而与此同时，重仓押宝寒武纪的资深牛散— ...

Core Viewpoint - The stock price of Cambrian Biologics reached a record high of 1587.91 yuan, surpassing Kweichow Moutai by 9.8%, marking a significant shift in the A-share market dynamics [1][2][3]. Stock Performance - On August 28, Cambrian Biologics' stock price peaked at 1595.88 yuan, closing at 1587.91 yuan, with a daily increase of 215.81 yuan or 15.73% [1][6]. - Kweichow Moutai, previously the "king" of A-shares, was dethroned by Cambrian Biologics [3]. Investor Insights - Notable investor Zhang Jianping, known as "Zhang the Leader," has gained significant attention due to his heavy investment in Cambrian Biologics, with a single-day profit exceeding 1.3 billion yuan [5][7]. - Zhang Jianping's total investment cost in Cambrian Biologics is estimated at around 4 billion yuan, with a current market value of approximately 9.66 billion yuan, resulting in a profit of about 5.66 billion yuan over four months [7][8]. Shareholding Structure - As of the latest report, Zhang Jianping holds 6.086 million shares of Cambrian Biologics, representing 1.46% of the total shares [6]. - The top shareholders include Chen Dashi with 28.63% and Beijing Zhongke Suanyuan Asset Management Co., Ltd. with 15.73% [6]. Other Investments by Zhang Jianping - Zhang Jianping has also invested in six other companies, with significant gains in four of them, including Huibo Yuntong (up 137%), Ningbo Huaxiang (up 104%), and Longxi Co. (up 147%) [9][10][11][18]. - Longyang Technology, another investment, has seen a gain of over 40% [15]. Company Profiles - Huibo Yuntong specializes in financial technology services, leveraging AI and big data for digital transformation in finance [12]. - Ningbo Huaxiang is a leading automotive parts manufacturer with ventures into humanoid robotics [12]. - Longxi Co. focuses on advanced materials for robotics, emphasizing self-lubricating technologies [13]. - Longyang Technology is involved in high-tech polymer films, with applications in optics and energy storage [17].