这已经是孙涛勇年内第二次增持。今年8月份，孙涛勇以每股平均价约2.44港元购入合共 近年来，微盟集团推出了WAISaaS、WAIPro、WIME等AI产品矩阵，帮助商家实现从店铺搭建、运营管 理到营销投放的全流程智能化。在今年的中报中，微盟集团还首次公布了AI相关收入，达约3400万 元，占订阅解决方案收入近8%。 本报讯 （记者金婉霞）12月4日，微盟集团发布公告，该公司董事会主席兼首席执行官孙涛勇以每股平 均价约1.90港元购入共计153.4万股微盟集团股份，占该公司已发行股份总数的约0.04%。此次增持后， 孙涛勇被视为持有2.46亿股，占微盟集团已发行股份总数的6.22%。 400万股微盟集团股份。孙涛勇表示，进行增持是因为对微盟集团整体发展前景和增长潜力充满信心。 随着微盟集团经调整净利润扭亏为盈、毛利率改善以及AI相关收入成为新的增长点，微盟集团的基本 面已发生积极变化。在遵守适用法律及监管规定的前提下，若未来出现合适时机，他会考虑进一步增持 微盟集团的股份。 ...

Core Viewpoint - Weimob Group has successfully reached a subscription agreement with Wujing Capital to issue 688 million new shares at HKD 2.26 per share, raising approximately HKD 15.55 billion, with Wujing Capital becoming the largest single shareholder holding 16% of the company [1][7]. Group 1: Transaction Structure - The share placement is priced at HKD 2.26, representing an 8.87% discount compared to the closing price of HKD 2.48 prior to the announcement, but only a 5.8% discount compared to the average closing price over the previous five trading days [2]. - The placement accounts for approximately 19.04% of the existing issued share capital and 16% of the expanded share capital post-placement, indicating a strategic low-discount financing approach that has been positively received by the market [2]. Group 2: Fund Utilization - The raised funds will be allocated to four key areas: - AI technology integration (30%): Upgrading technical infrastructure to enhance computing power and storage capacity for more complex AI operations [3]. - Media channel expansion (30%): Increasing influence on platforms like Douyin and Xiaohongshu, recruiting professional teams, and acquiring high-quality user data [4]. - Overseas business development (10%): Investing in companies with complementary products and AI models, hiring international talent, and leasing office space [5]. - Working capital supplementation (30%): Supporting daily operations and general corporate purposes [6]. Group 3: Shareholder Changes - The share placement significantly alters Weimob's shareholder structure, with Wujing Capital becoming the largest single shareholder at 16%, while the main shareholder group's stake will decrease from 8.08% to 6.79% [7][8]. Group 4: Strategic Transformation - The share placement occurs during a critical period of performance turnaround for Weimob, which reported its first positive adjusted net profit since 2021, amounting to 16.9 million [9]. - The company also disclosed AI-related revenue of approximately 34 million, accounting for nearly 8% of subscription solution revenue, indicating initial success of its AI strategy [10]. Group 5: Industry Background - The fundraising reflects challenges faced by the broader SaaS industry in China, including low customer retention rates and profitability issues [11]. - Weimob's revenue declined by 10.6% year-on-year to 775 million, with subscription solution business churn increasing from 9.2% to 13.6% [12]. Group 6: Historical Comparison - Weimob's shareholder structure has undergone significant changes, notably with Tencent's substantial reduction of its stake from 8.39% to 2.94% in January 2025, resulting in a cash-out of approximately HKD 630 million [13]. - In contrast to Tencent's sell-off, Wujing Capital's investment has led to a positive market reaction, with the stock price rising significantly [13]. Group 7: Future Outlook - Wujing Capital's investment opens new possibilities for Weimob, optimizing its shareholder structure and accelerating its strategic goals of "customer-centric, ecosystem-oriented, and internationalization" [14]. - The collaboration with Alibaba's ecosystem is also strengthening, with Weimob being one of the first to receive "Alipay Advertising Elite Partner Certification" [14]. - With international capital support and ongoing AI advancements, Weimob is positioned to drive a new wave of AI-driven business transformation in the SaaS sector [14].