Extreme Vision (06636) rebounded sharply by more than 12% this afternoon, snapping a four-day losing streak that began after its inclusion in the Stock Connect on September 7. At the time of writing, the stock was trading up 9.22% at HK$76.40, with turnover reaching HK$30.26 million.

In the first half of this year, Extreme Vision recorded revenue of RMB 165 million, representing a substantial year-on-year increase of 181.2%. The loss attributable to owners of the parent company narrowed by 3.92% to RMB 40.83 million.

The revenue surge was primarily driven by the accelerated commercialization of its large model solutions, which generated RMB 84.8 million in revenue—a staggering 4,539.8% jump compared to the same period last year. The number of clients for these solutions expanded to 16, fueling the rapid growth of this business segment.

According to a previous note from a global investment firm, Extreme Vision is well-positioned to benefit from the broader AI implementation wave and token-based monetization, with its large model business unlocking long-term growth potential. As enterprise AI agents scale up in deployment, large-scale corporate projects can consume hundreds of millions of tokens daily. This maturing token payment model is expected to evolve into a sustainable, long-term source of recurring cash flow.