On May 29, 4Paradigm rose 5.68% in regular trading, trading at HK$32.7 per share, with trading volume of approximately HK$69.9 million.

On the news front, the company recently disclosed its Q1 results, reporting revenue of approximately RMB 1.458 billion, representing a 35.4% year-over-year increase, with a gross margin of 35.1%. Notably, API Token consumption volume reached nearly six times that of Q1 the prior year and exceeded full-year volume of the prior year by approximately 40%. Agentic AI backlog orders grew 99% compared to end of prior year.

Additionally, Shenwan Hongyuan maintained a Buy rating with a target market cap of RMB 36.3 billion, implying over 80% upside. Guohai Securities also maintained a Buy rating, citing Token volume acceleration as the catalyst for a new growth cycle. The company also recently signed a strategic cooperation agreement with Huanxi Media, including a US$20 million API service framework agreement spanning two years, further validating commercial demand for its large model services.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)