Core Insights - Tianyang Technology announced an investment of 30.6 million yuan to acquire a 51% stake in Magic Number Intelligence, making it a subsidiary and consolidating it into the company's financial statements [1] - Magic Number Intelligence, established in 2015, specializes in AI with a focus on explainable models and has notable clients including major banks [1] - The investment aims to enhance R&D and expand into cross-industry applications and international markets, particularly in Southeast Asia and the Middle East [1] Company Overview - Tianyang Technology, founded in 2003 and listed in 2020, focuses on IT solutions for banks, with business segments including consulting, fintech, digital finance, and financial IT services [2] - The company reported a decline in performance due to increased competition in the fintech sector, with Q1 2025 revenue of 487 million yuan, down 0.19% year-on-year, and a net profit of 25.6 million yuan, down 71.88% year-on-year [2] Financial Projections - Magic Number Intelligence projected revenues of 20.73 million yuan for 2024, with a net loss of 3.31 million yuan [1] - Management has committed to achieving revenues of at least 20 million yuan, 30 million yuan, and 40 million yuan for the years 2025, 2026, and 2027, respectively, with a positive net profit over these years [1]