HK Stock Market Move | MeiG Smart Technology (03268) rises by over 6% again, the ecosystem of intelligent terminal AI continues to improve, and the company completes the transformation to intelligent module structure.

MeiG Smart Technology (03268) rose by more than 6%, reaching a 6.02% increase at the time of publication, trading at HK$20.24 with a transaction volume of HK$62.53 million. On the news front, the Cyberspace Administration of China recently released the first batch of registered information for mobile end-side generative AI services, with seven products passing the registration process. On the same day, the "Interim Measures for the Management of Artificial Intelligence Personalized Interactive Services" came into effect, indicating the clearance of compliance obstacles for domestic end-side AI. Worth noting is the upcoming World Artificial Intelligence Conference (WAIC) from July 17th to 20th in Shanghai, where MeiG Smart Technology will showcase their full-stack AI services and overall computing power solutions. It is reported that MeiG Smart Technology was the first to complete the structural transformation from digital transmission modules to intelligent modules, with intelligent module and solution revenue accounting for 66.1% in the first three quarters of 2025, with high computing power modules at 34.2% becoming the largest category. Currently, the positioning of intelligent modules is transitioning from simple end-side fixed task reasoning to end-side intelligent body control center. The company's core definition of AI modules is the native integration of end-side AI reasoning capabilities with agent scheduling systems, adapting to different AgentHarness frameworks, achieving seamless coordination of high-speed communication, end-side computing, and cloud-side reasoning.