Group 1 - Tianyang Technology has signed a partnership agreement to invest 30 million yuan in the Qingdao Hongma Jinxin Venture Capital Fund, acquiring a 47.54% stake, which will enable indirect investment in the core business of quantum computing [1] - This investment marks another significant capital move by Tianyang Technology in the past three months, indicating an accelerated pace in its layout within the frontier technology sector [1] - In September, Tianyang Technology announced an acquisition of 5.02% of Beijing Capital Online Technology Co., Ltd. for approximately 444 million yuan, aimed at enhancing technological collaboration and resource sharing [1] Group 2 - The transfer of shares in Beijing Capital Online has been successfully completed, further solidifying Tianyang Technology's strategic positioning in the new generation of computing and frontier technology [2] - Quantum computing is seen as having disruptive potential in the financial sector, particularly in complex scenarios such as portfolio optimization and risk modeling, which can significantly enhance computational efficiency and accuracy [2] - Tianyang Technology's future core strategic direction includes the financial market, having secured exclusive permanent authorization for Algo market risk software in mainland China [2] Group 3 - Recent capital operations are expected to help Tianyang Technology expand its business from traditional fintech services to a broader technology landscape, creating a diversified business structure [3] - Collaborations with various enterprises will allow Tianyang Technology to absorb and integrate advanced technologies, enhancing its innovation capabilities and providing stronger technical support for its fintech operations [3]

Core Viewpoint - Tianyang Technology (300872) has invested 30 million yuan in the Qingdao Hongma Jinxin Venture Capital Fund, indirectly investing in Benyuan Quantum, China's first quantum computing company, which has submitted an IPO counseling record to the Anhui Securities Regulatory Bureau [1][3][4] Group 1: Investment Details - Tianyang Technology's investment of 30 million yuan gives it a 47.54% stake in the Hongma Jinxin Fund, making it a limited partner [1] - The Hongma Jinxin Fund was established in May 2023, with Beijing Jinxin Guotai Investment Management Co. and Beijing Hongma Tianan Investment Co. holding 99.5% and 0.5% stakes, respectively [1][2] - The investment aims to leverage the professional capabilities and resources of the fund to enhance the company's strategic development and overall value [2] Group 2: Benyuan Quantum Overview - Benyuan Quantum, founded in September 2017 with a registered capital of approximately 30 million yuan, is a leading quantum computing company in China [3] - The company focuses on building a self-controlled, engineered quantum computer ecosystem, including quantum chips, measurement and control systems, operating systems, software, and cloud platforms [3] - Benyuan Quantum is the first company in China to commercialize quantum computing, with an estimated valuation of approximately 6.88 billion yuan based on a recent share transaction [4] Group 3: Strategic Implications for Tianyang Technology - The investment in Benyuan Quantum aligns with Tianyang Technology's strategic direction in the financial market, particularly in risk assessment, investment, trading, and compliance [4] - The company has acquired exclusive permanent licensing for Algo market risk software in mainland China, enhancing its competitive edge in the financial sector [4] - A recent seminar on quantum computing highlighted the company's comprehensive layout around "data + algorithms + computing power" as a core advantage for implementing quantum technology in financial scenarios [5]

Core Viewpoint - The recent seminar hosted by Tianyang Technology focused on the integration of quantum computing and AI in the financial sector, aiming to establish a self-controlled "quantum finance" computing ecosystem, which is expected to drive the next generation of financial technology development [1][2]. Group 1: Seminar Highlights - The seminar addressed two main themes: "Quantum Computing + AI: Building the 'Next Engine' for Financial Markets" and "Empowering New Productive Forces: Creating a Quantum Technology Industry Corps" [1]. - Participants engaged in deep discussions to identify key upgrades in the industry, providing a clear path for the transition from traditional computing power to a "quantum + AI integrated" approach [1]. Group 2: Strategic Initiatives - Tianyang Technology announced the "Quantum Enhancement Plan" to explore the deep integration of technology and financial services, with a focus on the financial market as a strategic direction [1]. - The company has secured exclusive permanent licensing for Algo market risk software and source code in mainland China, and launched the Tianyang Technology Innovation Version in the financial market [1]. Group 3: Competitive Positioning - The company plans to increase investments in next-generation computing and AI to enhance its competitive edge in the financial market, while also deepening collaborations in semiconductors and AI [2]. - Tianyang Technology's strategic layout includes acquiring Algo market risk software, investing in AI unicorns, and establishing joint ventures, forming a comprehensive strategy around "data + algorithms + computing power" [2]. Group 4: Industry Evolution - The competition in the industry has evolved from focusing on single products or solutions to a comprehensive ecosystem that covers core technologies, application scenarios, computing support, and industrial empowerment [2]. - The collaborative construction of a self-controlled quantum finance ecosystem is expected to reduce reliance on external technologies and accelerate the realization of core technology autonomy and intelligent business scenarios [3].

Group 1 - The seminar themed "Quantum Computing + AI: Reshaping the New Paradigm of Financial Technology" was held in Beijing, hosted by Tianyang Technology, with participation from various companies including Capital Online and several quantum computing firms [1] - The seminar focused on two core themes: "Quantum Computing + AI: Building the 'Next Engine' for Financial Markets" and "Empowering New Productive Forces: Creating a Quantum Technology Industry Corps," aiming to provide a clear path for the transition of financial technology from traditional computing to a quantum + AI integrated approach [1] - Tianyang Technology disclosed its strategic layout, including exclusive permanent licensing for Algo market risk software and source code in mainland China, strategic investments in AI unicorn Magic Number, and the establishment of Hangzhou Tianrui Yangqi Technology Co., Ltd. in collaboration with Capital Online, forming a comprehensive layout around "data + algorithms + computing power" [1] Group 2 - The chairman and president of Tianyang Technology, Ouyang Jianping, stated that industry competition has evolved from "single product, solution, or technology competition" to "full industry chain ecological competition covering core technologies, application scenarios, computing power support, and industrial empowerment" [2] - Tianyang Technology is positioned favorably for the future due to its leading market position in current financial IT solutions and its strategic focus on quantum computing and AI, contributing to the development of a self-controllable quantum financial ecosystem [2] - The integration of "quantum computing + AI" technologies in financial scenarios is expected to trigger a new wave of transformation in the financial technology industry, with Tianyang Technology as a representative innovator leading this process and creating greater value for shareholders and the industry [2]