On April 2, Extreme Vision (06636.HK) closed up 20.12% at HKD 99.7, having intraday reached a high of HKD 111.9, marking a significant rebound from its post-IPO low. Against a backdrop of generally weak market performance, the stock showed strong resilience, with a cumulative gain of nearly 170% in just four trading days since listing, drawing sustained investor attention.

(Image Source: uSMART HK app)

Focusing on Computer Vision, Targeting Enterprise-Level Solutions

From a fundamentals perspective, Extreme Vision’s core business is providing AI computer vision solutions and large-model solutions to enterprise clients. Unlike companies that focus solely on algorithms or hardware, Extreme Vision emphasizes an “end-to-end” capability, offering a full-service workflow from algorithm development and model training to deployment. Its solutions span multiple industries including industrial, energy, transportation, and retail, representing a typical B2B business model that prioritizes practical implementation and long-term client relationships over isolated technology outputs. According to Frost & Sullivan data, based on 2024 revenue, the company ranks eighth in China’s emerging enterprise-level computer vision solutions market, placing it in the upper-middle tier of the industry.

“Platform + Ecosystem” Strategy Builds Differentiated Competitive Moat

A key highlight of the company lies in its “platform + ecosystem” strategy. Extreme Vision has built a comprehensive technical infrastructure, including the algorithm development platform JiShi, the training management platform JiStack, and the inference deployment platform JiStar, forming a relatively complete AI development closed loop. Crucially, its algorithm marketplace ecosystem has also flourished. As of September 2025, the platform hosted 1,517 algorithms covering over 100 industry scenarios, comprising both in-house developed algorithms and contributions from third-party developers.

This open ecosystem brings two core advantages: first, it enables rapid responses to long-tail demands, improving commercialization efficiency; second, it creates data and technology barriers through its developer network, raising the industry’s entry threshold.

Revenue Structure Diversifies, Large Models Become New Growth Engine

In terms of business composition, the company is transitioning from traditional visual AI toward large-model solutions. In 2024, AI computer vision solutions remained the core revenue driver, generating RMB 195 million and accounting for 75.9% of total revenue. Meanwhile, large-model solutions, as a new business segment, contributed RMB 62.12 million, increasing its share to 24.1%. This structural shift indicates that the company is proactively embracing AI technological evolution, expanding application boundaries through large-model capabilities, and opening new avenues for future growth.

How to Buy Extreme Vision via on uSMART

After logging into the uSMART HK app, click the “Search” button in the top-right corner of the page, enter the ticker code(06636.HK), and navigate to the details page to view transaction details and historical trends. Click the “Trade” button in the bottom-right corner, select the trade type, and submit your order after filling in the transaction conditions.

(Image Source: uSMART HK app)