New stock news | Jivision has shown 1517 types of algorithms at the HKEX hearing on AI computer vision algorithm mall.

According to the disclosure by the Hong Kong Stock Exchange on March 19th, Shandong Extreme Vision Technology Co., Ltd. (referred to as "Extreme Vision") has conducted its listing hearing on the main board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. The prospectus shows that Extreme Vision Technology is a Chinese AI computer vision solution provider, offering end-to-end solution development, deployment, and management services to enterprises in various industries. According to Frost & Sullivan data, based on revenue projections for 2024, the company ranks eighth in the emerging Chinese enterprise-level computer vision solution market. Computer vision solutions (as an important branch of AI solutions) simulate the human visual system, enabling computers to extract information from images or videos and make analysis, decisions, and interactions based on that information. The Chinese AI computer vision solution market is highly competitive. Large model solutions refer to applications built on large model functionalities and related support services. In recent years, with the continuous maturation of enterprise-level computer vision solution technology and the emergence of new application scenarios, combined with the decrease in computing costs, it has provided strong support for commercialization. From 2020 to 2024, the market size of emerging Chinese enterprise-level computer vision solutions has shown significant growth, increasing from 22 billion RMB in 2020 to 111 billion RMB in 2024, with a compound annual growth rate of 49.9%. It is expected that by 2029, the application of emerging enterprise-level computer vision solutions will become more diversified, and the market size of emerging Chinese enterprise-level computer vision solutions will reach 97 billion RMB, with a compound annual growth rate of 54.3%. Its penetration rate in the overall enterprise-level computer vision solutions will further increase to 53.2%. With the rapid development of AI solutions, the company plans to use its efficient and inclusive AI technology, combined with its deep industry expertise, to accelerate enterprise intelligent transformation and drive industry upgrades. The company provides solutions to customers in various vertical business fields such as industry, energy, retail, and transportation. During the historical period, the company's customers mainly came from China, including enterprises, governments, and universities. As of September 30, 2025, Extreme Vision's AI computer vision algorithm marketplace has showcased 1517 algorithms, including 148 self-developed algorithms and 1369 algorithms jointly developed with third-party developers, covering over 100 industries. The company has built a global community consisting of tens of thousands of AI algorithm developers and has provided services to over 3,000 customers, offering robust infrastructure platforms and extensive AI computer vision solutions to help enterprises achieve digital transformation. Since its establishment, Extreme Vision has delivered over 6,000 projects, with a product repurchase rate exceeding 80.0%, indicating the high standardization of the company's solutions and widespread market recognition. Financially, for the nine months ended September 30, 2022, 2023, 2024, and 2025, the company's revenues were approximately 102 million RMB, 128 million RMB, 257 million RMB, and 136 million RMB respectively; meanwhile, the company's net profits for the same period were approximately -60.72 million RMB, -56.25 million RMB, 8.708 million RMB, and -36.296 million RMB respectively.