HK Stock Market Move | EXTREME VISION (06636) rose over 5%, with the company's large model business becoming the main revenue driver as the demand for industrial intelligence continues to be released.

EXTREME VISION (06636) has surged over 5%, with a current increase of 5.34% to HKD 86.75, and a trading volume of HKD 10.0363 million. Recently, EXTREME VISION announced a positive profit forecast for the first half of 2026. Guotai Haitong pointed out that the explosive growth in EXTREME VISION's revenue is primarily driven by the accelerated commercialization of large model solutions. The company's revenue for the first half of 2026 is expected to exceed HKD 80 million (YoY +4110%), compared to only HKD 66.2 million for the entire year of 2025, indicating a significant increase in revenue proportion and a substantive shift in business structure; the adjusted net profit is projected to be around HKD 6 million, achieving a turnaround from a loss of HKD 3035 million in the first half of 2025. Guotai Haitong stated that the company is relying on a "one-time delivery + continuous service" model to create a revenue loop from incremental projects combined with ongoing operational services. The demand for industrial intelligence continues to release, and the market demand for integrated visual large model solutions is improving. However, the current business model is still project-based, and the level of standardization needs to be enhanced the number of customers for large models increased from 1 to 12 in 2025, with revenue growing by 6.5% year on year, and gross margin rising from 22.8% to 36.6%, indicating that the customer structure is just beginning to take shape. As the demand for industry intelligence continues to release and end-to-end AI solutions gain customer recognition, the business's operational loop is gradually taking shape, laying a foundation for the sustained conversion of future orders.