JSMART TECH (00567) Establishes Joint Venture for AI Computing Power, Storage, and Visual Large Model Businesses

JSMART TECH (00567) announces that the Company and Allcam Technology Limited (Allcam), a wholly-owned subsidiary of Nanjing Allcam Vision Information Technology Co., Ltd. (Allcam Tech), have formally signed a joint venture agreement (the JV Agreement) to establish a joint venture company in Hong Kong named Jin'an Allcam Technology Co., Ltd. (the JV Company), in order to integrate the advantageous resources of both parties and jointly carry out technology research and development and commercialization of AI computing power, storage, and visual large models. The JV Company will serve as a unified R&D and operating platform for cutting-edge AI technologies and the computing power ecosystem. The core businesses of the JV Company include: (i) Computing power infrastructure and token services The JV Company will build and operate a new generation of intelligent computing centers in Hong Kong, China, and overseas, providing computing power token operations, model training and inference services, and data value-added services, promoting the implementation of projects such as "external data, internal computing; token going global," "view node cities," and "view storage and computing centers," and building an efficient computing power and data service foundation for AI applications. (ii) Visual AI large model R&D The JV Company will research, develop, and upgrade visual AI large models, create integrated industrial-grade and city-grade intelligent security inspection solutions, continuously optimize storage-computing integration, edge inference, and multimodal perception technologies, and develop low-cost, high-efficiency, and easily deployable industry AI models to enhance visual recognition, intelligent analysis, and real-time decision-making capabilities. (iii) Intelligent Siasun Robot&Automation vision system R&D The JV Company will develop embodied intelligent vision systems, focusing on R&D of Siasun Robot&Automation visual neural networks, complex motion trajectory control, environmental perception, and cross-scenario general-purpose large models, promoting deep integration of vision technology and intelligent Siasun Robot&Automation, and providing generalizable and scalable technical support for scenarios such as inspection, security, and industrial testing. (iv) Industry models and scenario applications The JV Company will assist in leveraging the Group's existing business resources and industry channels, give play to the advantages of AI vision technology, accelerate customized development and industry scenario applications of intelligent Siasun Robot&Automation in scenarios such as inspection, security, and high-precision recognition, and promote the commercialization of AI technology in smart cities, industrial security inspection, property management, security, and other fields. The Group will fully leverage complementary advantages in technology and industrial resources to build a complete business loop of "computing power infrastructure + view tokens + data foundation + industry scenarios." Relying on the Group's existing R&D advantages, industrial resources, and market channels, the JV Company will cultivate new growth curves for the Group and is expected to bring revenue with growth potential.