智通财经APP获悉，七牛智能(02567)最高涨超9%，截至发稿，涨5.26%，报0.5港元，成交额401.95万港元。
消息面上，得益于AI Agent范式演进、一人公司崛起带来的模型用量需求爆发，七牛智能正迎来价值重估。该公司2025年AI相关收入达4.37亿元，对总收入的贡献由上半年的22.2%进一步提升至24.7%；调整EBITDA录得溢利90万元，为上市以来首次转正，实现从规模增长到盈利兑现的关键跃迁。值得注意的是，AI收入贡献的攀升，不仅印证了公司向“MaaS调度枢纽”转型的战略成效，更表明公司在AI生态中的核心卡位正在加速兑现价值。
截至2025年12月31日，公司的注册平台开发者用户已超过180万人，其中开通AI大模型服务的开发者用户已超过16万人。另据国联民生证券测算显示，中国整体日均Token消耗已从2024年初的1000亿级飙升至2026年2月份的180万亿级，且随着AI智能体向多模态、多智能体协作演进，这一数字仍在加速膨胀。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.