SINGAPORE - Media OutReach Newswire - 20 May 2026 - Fushi Tech, a subsidiary of Yeahka (9923.HK), has announced a strategic upgrade with the launch of Fynix AI shop, a Full-stack AI Agent product purpose-built for overseas merchants.
Unlike conventional marketing tools or customer service systems, Fynix AI shop is designed to function as a genuine "digital employee" — one that actively participates in day-to-day business operations. It understands merchant needs, breaks down tasks, and executes them autonomously, supporting merchants across the full commercial cycle of customer acquisition, conversion, payment, and repeat purchases.
This is not simply a product update. It marks a fundamental shift in how merchants approach digital operations — and signals Fushi Tech's evolution from a traditional SaaS provider to an AI Agent platform.
AI Agents: The Next Generation of Business Infrastructure
Enterprise digitalisation has, for much of the past decade, remained largely at the tooling stage: merchants adopt SaaS tools and then operate manually. However, as large language models continue to mature, AI is shifting from an assistive tool to an autonomous executor.
The defining value of an AI Agent lies not in answering questions, but in its ability to understand purposes, call on the right tools, complete tasks end to end, and close the loop without human intervention. Across the global technology industry, AI Agents are increasingly seen as the next major shift in enterprise software.
According to IDC, investments in AI solutions and services are projected to yield a global cumulative impact of USD 22.3 trillion by 2030, representing approximately 3.7% of the global Gross Domestic Product (GDP).
The trend is already taking shape in international markets. Salesforce has launched Agentforce, while emerging players such as Sierra AI are attracting significant capital, with the industry broadly applying valuation multiples of 30 to 60 times ARR to leading companies. These figures reflect the market's long-term expectation in the commercial value of AI-powered employees.
For Fushi Tech, the launch of Fynix AI shop is also a response to a structural gap it has observed over years of serving merchants across Southeast Asia.
Many small and mid-sized merchants in the region still operate through fragmented digital systems — with point-of-sale, CRM, marketing, delivery, and customer service tools running in silos, data unable to flow between them, and key operational tasks still heavily dependent on manual effort. Merchants may have adopted software, but genuine gains in operational efficiency have remained elusive. AI Agents now make a unified operational hub possible for the first time.
Fushi Tech's goal is not to optimize isolated steps in the process, but to have AI directly execute business operations on the merchant's behalf. With AI Shop, merchants don't learn to operate software — they manage an employee. This shift reflects a broader transformation underway in enterprise services — from selling tools to delivering outcomes.
A growing consensus is also emerging across the AI industry: as the underlying capabilities of large models converge, the real differentiator is increasingly a company's ability to connect AI with real-world business.
Fushi Tech has positioned itself accordingly. Where many Western AI companies focus primarily on model capabilities and generative AI, Fushi Tech emphasizes deep integration across payments, CRM, and AI — keeping its offering close to the transaction itself.
Fynix AI shop is beyond a chatbot, it connects to a complete operational ecosystem: drawing on CRM data to understand customers, processing transactions through the payments infrastructure, and integrating with external platforms including WhatsApp, Telegram, Google, and delivery services.
This means AI is no longer simply capable of conversation — it is genuinely capable of doing business. And that is precisely the hardest part of bringing AI Agents to market at scale. The challenges extend well beyond algorithms, requiring engineering depth, merchant networks, payments infrastructure, and years of accumulated industry knowledge. In this sense, the companies best placed to build durable competitive advantages in AI may not be pure-play model providers, but those capable of embedding AI directly into real industry workflows.
From "SaaS Tool" to "AI Employee"
At the product level, Fynix AI shop exhibits the hallmarks of a digital employee, executing tasks autonomously across the merchant's full operational cycle. Its core capabilities include:
- Content generation: Automatically creates menu pages, product listings, and marketing materials
- Intelligent conversation: Guides customers through product recommendations, conversion, and order placement in a natural, sales-driven interaction
- In-conversation payments: Completes transactions directly within the chat interface
- Customer management: Builds and continuously refines consumer profiles using CRM data
- Ecosystem integration: Connects with external tools including WhatsApp, Telegram, Google, and delivery services
Across the merchant journey, Fynix AI shop extends into use cases spanning store setup, customer acquisition, membership management, appointment booking, review management, and delivery platform integration.
In a customer re-engagement scenario, for instance, Fynix AI shop can automatically analyse purchase cycles, preferences, and dormancy patterns across the customer base, and provide campaign recommendations to the merchant. Once approved, the Agent generates the relevant vouchers and delivers personalized content to customers via the merchant app, Telegram, or other channels — tracking performance throughout.
In practice, merchants no longer need to manually review data, write copy, or repeatedly devise marketing strategies from scratch. Nor do they need to configure complex rules or adjust system parameters in the CRM backend. A single natural language instruction sets the entire workflow in motion — freeing merchants to focus on higher-level business decisions.
This reflects a deeper transformation that AI is bringing to the commercial world. Digitalization gave businesses better information. AI Agents are now giving them the ability to take action.
Whoever can genuinely help merchants get things done will be best positioned to own the next platform layer.
In that light, Fynix AI shop is more than a new product launch. It is an early attempt to define what enterprise services could look like in the years ahead — and a signal of where the industry is heading.
In fast-growing emerging markets like Southeast Asia, where digitalization among small and mid-sized merchants is still in its early stages, AI Agents may have the opportunity to leapfrog the traditional SaaS development curve and move directly into an era of intelligent operations.
For Yeahka, this also marks a meaningful evolution in its overseas strategy — from exporting payments capabilities alone, to delivering an integrated ecosystem spanning payments, data, and AI.
As AI takes an increasingly active role in business operations, the value chain of the enterprise services industry is being fundamentally redefined.
Hashtag: #FushiTech
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
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. **
