MINIMAX-W's stock soared 5.23% during intraday trading on Wednesday, reflecting strong investor sentiment.

The price movement follows the announcement of a strategic collaboration between MiniMax and Tencent Cloud. The two companies have completed a significant practice in Agent infrastructure, with MiniMax deploying a large-scale Agent RL Sandbox on Tencent Cloud. This system is capable of handling million-level throughput and hundred-thousand-level concurrency, enhancing MiniMax's reinforcement learning framework for faster, more stable, and lower-cost training in large-scale Agent scenarios.

Further supporting the surge, MiniMax recently received approval from The Stock Exchange of Hong Kong to be reclassified as a commercialized company, leading to the removal of the "P" suffix from its stock ticker. This milestone is underpinned by robust financial performance, including 2025 total revenue of $79.038 million—a 158.9% year-on-year increase—with over 70% generated internationally, and a gross profit that surged 437.2% to $20.079 million.