Core Viewpoint - Aigo Group has successfully acquired a 51% stake in Shenzhen Aigo Chuangke Holdings, marking a significant milestone in the domestic digital leasing industry and integrating Qingyun Rental into Aigo Group's framework [1][4]. Group 1: Aigo Group Overview - Aigo Group, established in 1968 and listed on the Hong Kong Stock Exchange since 1992, is a globally recognized consumer electronics manufacturer and brand operator [4]. - The company has been transitioning from traditional hardware manufacturing to a "hardware + digital services" ecosystem, actively engaging in the digital leasing and SaaS market [4]. Group 2: Qingyun Rental Overview - Qingyun Rental, developed by Wuhan Qingqing Times Network Technology Co., is a leading player in the domestic credit-free digital leasing sector, utilizing a combination of self-operated and managed business models [4]. - The platform has achieved significant growth, with monthly traffic exceeding 10 million and a cumulative GMV of over 2 billion yuan by August 2025 [5]. Group 3: Future Plans and Innovations - Post-acquisition, Qingyun Rental plans to leverage blockchain technology to tokenize leasing orders and receivables, enhancing financing and circulation efficiency [5]. - The company aims to become the first mobile leasing platform with a Hong Kong-listed company background, positioning itself for international expansion and capital market engagement [6].

Core Viewpoint - The acquisition of Qingyun Rental into the Hong Kong stock market marks a significant milestone for the domestic digital rental industry, indicating a solid step towards capitalizing the sector and enhancing its global development [1]. Company Overview - Qingyun Rental, developed by Wuhan Qingqing Times Network Technology Co., Ltd., is a leader in the credit-free digital rental sector, with a robust business model and comprehensive operational capabilities [11]. - The company offers both self-operated and managed rental services, covering diverse scenarios for enterprise and individual rentals, with a product range extending from mainstream 3C products like mobile phones and computers to second-hand goods [11]. Competitive Strengths - Qingyun Rental has established a comprehensive supply chain management system through deep collaboration with globally recognized brands, ensuring product quality and improving inventory turnover efficiency [11]. - The company integrates national credit big data and blockchain technology to develop intelligent risk control and post-rental management systems, achieving full-process digital operation, with AI risk control models enhancing transaction efficiency by 37% [11]. Operational Achievements - In the past year, Qingyun Rental's platform has seen significant growth, with monthly traffic exceeding 10 million and a cumulative GMV surpassing 2 billion yuan by August 2025 [12]. - The company has served over 1 million customers, with more than 1,000 enterprise rental clients, demonstrating expanding market coverage [12]. - Qingyun Rental has actively promoted the circular economy, achieving a carbon reduction of 120,000 tons and collaborating with over 1,000 channel partners to build a "rental + service" alliance [12]. Future Development Plans - Post-acquisition, Qingyun Rental aims to leverage blockchain technology to innovate in asset digitization, tokenizing rental orders and receivables into Real World Assets (RWA) for enhanced financing and liquidity [12]. - The company plans to utilize IoT devices for real-time data collection, processed by AI algorithms, to create immutable digital asset certificates, facilitating global distribution through cross-chain technology [12]. Market Positioning - As the first mobile rental platform with a Hong Kong stock market background, Qingyun Rental is set to utilize capital market support to diversify financing channels and accelerate international expansion in digital rental and circular economy [13]. - The company aims to lead the domestic digital rental industry towards a new phase of standardization, digitization, and globalization, laying the foundation for the "Chinese digital rental" brand to reach the global market [13].