On August 5, PHANCY rose 5.04% in regular trading, trading at 31.44 HKD/share, with turnover of approximately 31.42 million HKD.

On the news front, the company recently served as the lead enterprise to launch an AI agent innovation project under the support of Beijing's science and technology authority. The project involves nearly 70 million RMB in investment, focusing on building a complete software stack for AI agent operation, management, and ecosystem support, as well as constructing an industry-oriented AI agent ecosystem platform with complementary development tools and integration standards.

Additionally, the company recently signed a long-term strategic cooperation agreement with Shanghai Pudong Development Bank, securing 30 billion RMB in intentional financing support dedicated to AI computing infrastructure construction and core technology iteration. The funds will be directed toward heterogeneous chip clusters, underlying computing architecture, and key products including HAMi, ModelHub, and frontier businesses such as API and Agentic AI services.

The company had also previously issued a positive profit alert, forecasting H1 revenue of 3.2 to 4.0 billion RMB (22%-52% YoY growth) and net profit of 90 to 130 million RMB, achieving a turnaround from prior-year losses.

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