Company Summary - The company, MaiFushi (02556), reported a 45% year-on-year growth in AI SaaS business revenue for Q3 2025, and a 37% increase in gross revenue from precision marketing services, exceeding market expectations and continuing the robust growth trend seen in the first half of the year [1] - MaiFushi has strengthened its AI Agent product matrix by launching two new products, the international version of CDP/MA and AgentData, and upgrading the "Video Marketing Expert Nora," enhancing its capabilities in cross-border marketing and data-driven decision-making [1] - The new products aim to leverage AI Agent technology to connect the entire chain from customer insights to marketing execution, promoting the large-scale implementation of AI-native SaaS in enterprises [1] - The company is deepening the integration of AI technology in international operations and marketing scenarios, expanding localized delivery capabilities across multiple regions to enhance growth resilience for businesses in the "AI + Going Global" process [1] - By strengthening the overseas omnichannel reach and collaborating deeply with the AI-Agentforce intelligent platform, the company is building a global marketing closed loop of "data insights - precise reach - effect optimization," addressing common pain points faced by cross-border enterprises such as channel fragmentation and insufficient data insights [1] Industry Summary - According to Minsheng Securities, the Hong Kong stock earnings season is expected to drive a continuous valuation recovery in the technology sector, with a recommendation to focus on AI ecosystem companies that possess synergy in computing power, models, and application scenarios [2] - Dongwu Securities noted that the Hong Kong stock market may maintain volatility in the short term, but the long-term allocation value is becoming more prominent; with upcoming policy expectations and overseas technology earnings as catalysts, the technology sector in Hong Kong is likely to regain upward momentum [2]