HK Stock Market Move | EXTREME VISION (06636) rises nearly 5%, having entered into an approximately RMB78 million large-model invocation service order with an independent third-party customer.

EXTREME VISION (06636) rose nearly 5%, up 4.73% as of press time, at HK$64.25, with turnover of HK$5.6464 million. On the news front, EXTREME VISION announced that the company recently entered into a technical service agreement and orders thereunder with an independent third-party customer, under which the company will provide large-model Token invocation services to the customer. The total order amount for the three-month subscription period listed in the order is approximately RMB78 million. Under the order, the customer 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 services, "TPM"), for a total capacity of 543 million TPM. The group will provide the customer with large-model invocation services including the Interstellar Vision-Language Large Model. The announcement stated that entering into the technical service agreement is of milestone significance for the group in advancing the commercialization of its Interstellar Vision-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 vision-language large model field have been recognized by the market. As of the date of this announcement, the company has successively delivered services to the customer and has received payments of approximately RMB26 million from the customer. The company expects the relevant revenue under the order to be recognized within the year ending December 31, 2026.