EXTREME VISION (06636) shares rose nearly 5%, up 4.73% as of press time to HK$64.25, with turnover of HK$5.6464 million.
On the news front, EXTREME VISION announced that it recently entered into a technical service agreement and an order thereunder with an independent third-party client, pursuant to which the company will provide large model Token calling services to the client. The total subscription amount for the three-month period listed in the order is approximately RMB 78 million.
According to the order, the client has subscribed to 543 monthly resource packages each with a standard of 1 million tokens per minute (Tokens Per Minute, a metric measuring the processing capacity of the relevant model service, or "TPM"), with a total capacity of 543 million TPM. The group will provide the client with large model calling services, including the Interstellar Visual Language Large Model.
The announcement stated that entering into the technical service agreement is a milestone for the group in advancing the commercialization of its Interstellar Visual Language Large Model business and Token business. As these businesses mature, the company expects they are expected to bring sustained revenue to the group. Entering into the technical service agreement also confirms that the group's technological accumulation, resource capabilities, and comprehensive service capabilities in the visual language large model field have gained market recognition.
As of the date of this announcement, the company has successively delivered services to the client and has received approximately RMB 26 million in payments from the client. The company expects that the relevant revenue under the order will be recognized during the year ending December 31, 2026.
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