02121 AINNOVATION
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AINNOVATION News
Hong Kong Stock Connect is on “vacation”. Who is violently boosting Hong Kong stocks?
On May 2, against the backdrop of the suspension of A-share funds and Hong Kong Stock Connect, the Hong Kong Stock Technology Index soared by more than 4%.
Tencent rose 13% in three days! Hang Seng Technology performed an elephant dance. What positive factors are accumulating?
① Many of Hang Seng Technology's major stocks have continued to rise recently; ② Institutions continue to underestimate the chances of a rebound in Hong Kong stocks; ③ Institutions suggest focusing on the growth value and revaluation opportunities of internet platforms, new consumption, and new power targets.
Changes in Hong Kong stocks | Innovative Kizhi (02121) rose more than 10% intraday and previously upgraded multi-modal industrial model companies have developed broad application scenarios
The Zhitong Finance App learned that Innovation Qizhi (02121) had an intraday increase of more than 10%. As of press release, it had risen 7.91% to HK$4.5, with a turnover of HK$476.585 million. According to news, on March 27, Innovative Kizhi released the 2.0 version of the Kizhi Kongming Industrial Big Model (AINNO-75b) and various native applications for the big models. According to information, the scale of the large model parameters has been upgraded to 75 billion. For industrial software, industrial robots, and industrial vision scenarios, Innovative Kizhi has released three major model applications: ChatCAD generative assisted industrial design and ChatRobot generation
Express News | Innovation Qizhi and others set up a new company in Qingdao with a registered capital of 20 million yuan
Express News | Innovation Qizhi and others set up new companies in Qingdao including AI software development business
創新奇智：2023年度報告
Innovation & Wisdom (02121.HK) received 2,000 additional H shares worth HK$9,600 by Tse Tak-yan
On April 16, it was reported that, according to documents disclosed by the Hong Kong Stock Exchange on April 16, Tse Tak-yan increased her holdings of $2,000 H shares at an average price of HK$4.8 per share on April 12, to a value of about HK$9,600. After the increase in holdings, the latest number of shares held by Tse Tak-yan was 834,000 shares, with a good position ratio of 0.14%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. The directors and top executives of listed companies must
Innovative wisdom (2121.HK): the company actively decelerates the CHATX series industrial model application prospects are promising
Active contraction led to a decline in revenue, but the number of customers increased significantly. In 2023, the company achieved revenue of 1,751 billion yuan, an increase of 12.4% over the previous year. In 2023, due to careful considerations, the company focused on certain areas
Innovative Wisdom (02121.HK): Revenue CAGR of up to 116%, released version 2.0 of the Industrial Big Model
Last year, ChatGPT came out of nowhere, shocking the world; after a year, Sora and Kimi repeatedly became the global focus, proving that the AI 2.0 era is on the rise. This shows that the big model is not a subject of short-term market hype, but rather a development line worthy of long-term attention in the field of technology investment. Meanwhile, this month, the GTC 2024 conference, known as a weather vane for the AI industry, was held. Nvidia CEO Hwang In-hoon revealed major future AI trends in his speech, and was regarded as a guideline by global scientists, relevant practitioners, and technology investors. Hwang In-hoon judged that due to the computing power brought by Nvidia, a new kind of new kind appeared in the future
Innovative wisdom (02121.HK): Focus on high-quality development and upgrading of multi-modal industrial models
The 2023 results are lower than our expectations, and Innovation Kizhi announced the 2023 results: full year revenue of 1,751 billion yuan, +12.4% year over year; adjusted net loss of 154 million yuan, up 11.4% year on year
Qingdao AInnovation Technology Widens Loss in 2023 on Higher Expenses
Qingdao AInnovation Technology Group's (HKG:2121) attributable net loss widened to 582.3 million yuan in 2023, from 363.0 million yuan a year earlier, according to a Thursday Hong Kong bourse filing.
Innovation Qizhi's gross profit continued to double in 2023, and operating cash flow improved by 40.7% year on year
On March 28, Innovation & Wisdom (2121.HK) announced its 2023 annual results report. The report shows that the Group's annual revenue reached 1,751 billion yuan, a year-on-year increase of 12.4%, and a steady increase. The gross margin reached 33.6%, an increase of 1 percentage point over the same period last year. This growth trend has been maintained for three consecutive fiscal years. The adjusted net loss was 154 million yuan, and the adjusted net loss rate was only 8.8%, indicating that the company has reduced losses for six consecutive years since its establishment in 2018, showing good profit potential. What is more worth mentioning is the net amount of cash used by Innovative Kizhi in operating activities
Innovation Qizhi (02121) released annual results, gross profit of 588 million yuan, a year-on-year increase of 16.05%
Innovation and Wisdom (02121) announced the results for the year ended December 31, 2023. The group achieved revenue during the period...
Innovation and wisdom (02121) 2023 performance: increase revenue and reduce losses, upgrade the industrial model, and lay out new quality productivity
The Zhitong Finance App learned that on March 28, Innovation & Magic (02121) announced its 2023 annual results report. The company's annual revenue reached 1,751 billion yuan, up 12.4% year on year, showing a steady growth trend. It is worth mentioning that the company's gross margin has increased for three consecutive years, and the adjusted net loss ratio has been reduced to 8.8%, indicating that the company has reduced losses for six consecutive years, and the certainty of profit prospects has increased. In terms of cash flow from operating activities, Innovation and Wisdom also performed well, with a sharp increase of 40.7% over the previous year, and various expenses were also reduced, showing the company's outstanding experience
AINNOVATION: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Express News | Innovative Kizhi releases large Ainno-75b industrial model
Innovation & Magic (02121.HK) held a board meeting on March 28 to consider and approve annual results
Glonghui, March 15, 丨 Innovation and Wisdom (02121.HK) announced that it is pleased to hold a board meeting on March 28, 2024 (Thursday) to consider and approve the Group's audited annual results announcement for the year ended 31 December 2023, to consider the proposal to pay a final dividend (if any), and to deal with other matters.
AINNOVATION: DATE OF BOARD MEETING
Zhongjin Xicheng (Beijing) Investment Co., Ltd. sold 4.4 million H shares of Chuangjin Xicheng (02121.HK), worth approximately HK$34.3776 million
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, Zhongjin Xicheng (Beijing) Investment Co., Ltd. sold 4.4 million shares of $ChuangxingQizhi (02121.HK) H shares at an average price of HK$7.8131 per share, worth approximately HK$34.3776 million on March 12. After the sale, the latest shareholding of Zhongjin Xicheng (Beijing) Investment Co., Ltd. was 3,305.4
[Stock Exchange Amendment] China International Capital Corporation Limited sells 8.3579 million H shares worth HK$65.885 million
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, China International Capital Corporation Limited sold $8.5579 million H shares at an average price of HK$7.8738 per share on March 11, worth approximately HK$65.885 million. After the sale, China International Capital Corporation Limited's latest shareholding was 6,51
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