Nuobikan AI Technology (Chengdu) Co., Ltd. – Strategic Cooperation Agreement with Inspur Smart City Technology

Key Highlights

• Nuobikan AI Technology (Chengdu) Co., Ltd. has entered into a major Strategic Cooperation Framework Agreement with Inspur Smart City Technology Co., Ltd., a recognized leader in smart city construction and operation across China.
• The estimated scale of cooperation is approximately RMB500 million, marking a substantial partnership in the AI-driven smart city sector.
• This collaboration will focus on core areas including smart city development, urban safety, urban governance, and urban digital infrastructure.
• The agreement includes the establishment of a dedicated liaison and R&D team, aiming to jointly develop and implement AI-driven solutions.
• Both companies plan to involve high-quality third-party partners, creating a multi-party collaborative industrial system and jointly building a national intelligent benchmark project.

Detailed Cooperation Scope

The strategic partnership between Nuobikan and Inspur Smart City will leverage the strengths and market positions of both companies. Inspur Smart City brings its extensive experience from operating in over 70 cities in China, as well as its mature market layout and resource integration capabilities.

Nuobikan, meanwhile, is recognized for its advanced research and development in artificial intelligence, including machine vision, big data analysis, and digital twin technologies. Their general underlying core technology platform, NBK-INTARI, has already been successfully commercialized and implemented in sectors such as rail transit operation and maintenance, and power grid monitoring.

The collaboration aims to generate synergistic advantages in technology, application scenarios, and market reach. The focus will be on crucial scenarios such as urban operation management, urban infrastructure lifeline safety projects, urban economic operations analysis, and smart community development.

Potential Price-Sensitive Information for Shareholders

• Significant Business Expansion: The RMB500 million scale of the agreement signals a major expansion in Nuobikan’s business scope and revenue potential.
• Industry Recognition: The partnership with an industry-leading enterprise like Inspur Smart City marks a strong recognition of Nuobikan’s core technologies and solutions, potentially boosting its brand reputation and market value.
• Market Penetration: The cooperation is expected to rapidly enhance Nuobikan’s national market penetration rate and brand influence in the AI technology space, laying a foundation for sustained performance growth.
• No Immediate Notifiable Transaction: The agreement does not currently constitute a notifiable or connected transaction under Hong Kong Listing Rules. However, shareholders should note that future transactions arising from this agreement may require further announcements and/or shareholder approval, depending on their scale and nature.

Strategic Implications

This agreement is viewed by Nuobikan as a pivotal move in the AI+ smart city domain, strengthening its core competitiveness and providing a replicable, sustainable business synergy mechanism in smart city, urban governance, and industrial intelligence fields. It also positions Nuobikan to take a leading role in the development and implementation of national intelligent benchmark projects.

Corporate Governance Note

Inspur Smart City is independent of Nuobikan and its connected persons as defined by the Hong Kong Listing Rules. The Board of Nuobikan currently comprises a mix of executive, non-executive, and independent non-executive directors, ensuring robust oversight and governance.

Conclusion

This strategic cooperation agreement represents a significant step forward for Nuobikan AI Technology, with substantial potential for business growth, industry recognition, and enhanced market positioning. The RMB500 million scale, combined with the focus on critical urban and AI-driven scenarios, is likely to be of interest to investors and may impact the Company’s share price and valuation in the near to medium term.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional financial advisors before making any investment decisions. The information contained herein is based on company announcements and may be subject to change. The author does not guarantee the accuracy or completeness of this report.

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