BAODING, CHINA - Media OutReach Newswire - 28 August 2025 - At the GWM Hi4 Technology Global Launch Event on August 27, 2025, Jack Wey, Chairman of GWM, took the timeless "working in harmony with nature" wisdom of Dujiangyan, a world cultural heritage site, as a starting point to in-depth interpret the engineering philosophy and innovative value of GWM Hi4 technology, which resonated widely across the industry. He opened by highlighting the extraordinary nature of Dujiangyan: "The greatness of Dujiangyan lies in its ability to cope with all situations throughout the year, whether it is drought or flood, high water or low water. It turns the threat of water into a benefit for water conservancy and safeguards people's livelihoods."
These words perfectly embody the spiritual core of Hi4 technology R&D — GWM's Hi4 system draws inspiration from this magnificent water conservancy project with a history of over 2,000 years. Therefore, the brand specially chose this location for the global technology launch event, allowing millennia-old wisdom and modern technology to converge here. The innovation of GWM Hi4 technology shares profound common wisdom with Dujiangyan's water diversion technique: just as the "Fish Mouth" water-dividing dike of Dujiangyan automatically diverts water into the Inner River and Outer River according to water volume, GWM Hi4 can intelligently distribute power between the engine and dual motors to achieve precise power splitting. Specifically, through its power-splitting system, Hi4 intelligently "diverts" the vehicle's power: one part is directly used to drive the wheels, converted into traction to support driving; the other part is converted into electrical energy for storage or supply to other vehicle systems, ensuring optimal energy utilization and battery status at all times. This design not only guarantees strong power output but also significantly improves energy efficiency and driving stability. The core wisdom shared by both lies in the "rational allocation and utilization of resources", guiding power and energy to flow to the most appropriate places, and ultimately forming a more energy-saving and efficient power system.
Jack Wey further emphasized: "We build cars for the users. To put it in a phrase we often use, it is 'user-centric'. We must approach car manufacturing with the same rigor as water conservancy projects, leaving no room for negligence. That's why we need to consider extreme weather conditions to make driving safer. Many dangerous scenarios may be like once-in-a-century floods — most people will never encounter them, but if they do, the consequences are catastrophic." The safety advantage of 4WD vehicles has long been proven. According to statistics from authoritative foreign institutions, the fatality rate of 2WD vehicle accidents is nearly twice that of 4WD vehicles. Therefore, the R&D of Hi4 technology not only covers daily driving scenarios — urban commuting, highway driving, mountainous road conditions, long-distance travel, etc. — but also focuses on "those 1% of extreme situations". He bluntly stated: "I tell our engineers that developing products is not about piling up technologies; we must keep users in mind. We should build cars the way Dujiangyan was constructed — covering all working conditions, ensuring reliable quality, and standing the test of time!"
As the world's first intelligent 4WD hybrid technology, Hi4 breaks the convention that "4WD performance must come with high energy consumption" through the aforementioned core design, achieving "4WD experience with 2WD energy consumption". The hybrid-dedicated engine with 41.5% thermal efficiency and maximum 340kW system power further enhance its energy efficiency and safety advantages. Hi4-equipped models like HAVAL H6, WEY G9, and GWM TANK 300/500/700 are now launching in Australia, Pakistan, South Africa, Malaysia, Thailand, Brazil, Kazakhstan, and more markets to come. Our goal is to make 4WD vehicles accessible to every family. Jack Wey expressed that Dujiangyan Irrigation System is not just a great engineering project; it steeped in profound cultural heritage and embodies an "ecological philosophy" that respects the laws of nature, as well as philosophy of long-termism built on steady progress. GWM consistently prioritizes quality and safety, delivering high-value, highly reliable technologies and products to the global market.
Hashtag: #GWM
The issuer is solely responsible for the content of this announcement.
** The press release content is from Media OutReach Newswire. Bastille Post is not involved in its creation. **
GWM Hi4 Series: Globally Launched with a Revitalized Look, Empowering Hybrid 4WD Technology with Millennia-Old Wisdom
Revenue Up 35.4% Year-on-Year API Token Call Volume Surges Nearly 6 Times
HONG KONG SAR - Media OutReach Newswire - 22 May 2026 - Phancy Group Co., Ltd. ("Phancy" or "The Company", stock code: 6682.HK), a leading general artificial intelligence company, today announced its unaudited consolidated results for the first quarter ended 31 March 2026.
During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.
2026 First Quarter Business Highlights:
Unified Enterprise AI Platform Drives Explosive Core Business Growth
Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy's enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy's deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.
In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.
AI Technology Iteration Accelerates, Commercialization Beats Expectations
Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.
As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target - well ahead of schedule.
In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.
Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy's position in the AI-driven cultural and creative sector.
Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration
Since May 2026, China's AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy's core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.
In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy's HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.
In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.
Through deep integration of its computing and model layers, Phancy has built a comprehensive "Compute–Model" integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."
Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
HONG KONG SAR - Media OutReach Newswire - 22 May 2026 - Phancy Group Co., Ltd. ("Phancy" or "The Company", stock code: 6682.HK), a leading general artificial intelligence company, today announced its unaudited consolidated results for the first quarter ended 31 March 2026.
During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.
2026 First Quarter Business Highlights:
Unified Enterprise AI Platform Drives Explosive Core Business Growth
Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy's enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy's deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.
In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.
AI Technology Iteration Accelerates, Commercialization Beats Expectations
Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.
As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target - well ahead of schedule.
In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.
Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy's position in the AI-driven cultural and creative sector.
Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration
Since May 2026, China's AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy's core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.
In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy's HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.
In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.
Through deep integration of its computing and model layers, Phancy has built a comprehensive "Compute–Model" integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."
Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
