The Zhitong Finance App learned that Weimeng Group (02013) is now up more than 4%. As of press release, it has risen 4.79% to HK$1.75, with a turnover of HK$192 million.
According to the news, Weimeng Group announced that its AI application product WAI has successfully connected to more than 10 major model platforms, including Tencent Hybrid, Baidu Wenxin, SmartSpectrum GLM, Shang Tang Rixin, Kimi, Ali Tongyi Qianwen, and iFLY Spark at HKUST, and has achieved substantial cooperation results, and will accelerate the implementation of AI application scenarios in 2024. According to reports, in the second quarter of this year, Weimeng is expected to launch the WAI enterprise version for brand merchants, 4A advertising agencies, marketing and operation teams, and content creation teams.
Furthermore, recently, Tencent, as a strategic shareholder of Weimeng Group, participated in the recent fund-raising and subscription of 15 million US dollars of convertible bonds, corresponding to the number of convertible shares of 90.35 million shares. If Tencent chooses to exchange all of its convertible bonds at the initial exchange price of HK$1.30 per share, the number of shares held will rise to 297 million shares, or 9.67% of the shares.