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Gray Market Insights | 'Physical AI First Stock' Wuyi Vision Rises by 44.26%, Earning HKD 2,700 per Lot

Futu News ·  Dec 29 16:18

Futu News reported on December 29 that $51WORLD (06651.HK)$ The grey market price has surged by 44.26%, reaching HKD 44 per share, with each lot consisting of 200 shares. Excluding handling fees, a profit of HKD 2,700 can be made per lot.

Source of market data: Futu Securities

Company Overview

Wuyi Vision is a digital twin technology company based in China. The company has developed core competencies around three key areas of technological advancement: 3D graphics, simulation, and artificial intelligence. Founded in February 2015, the company’s founders observed that real-time 3D would become the most effective mode of information interaction following text, images, and video, driven by significant growth in data volume and rapid advancements in information carriers. At the time, real-time 3D was mainly used in gaming to immerse users in virtual entertainment environments.

In light of continuous technological progress and an increasing focus on industry applications, the company has chosen to expand the scope of real-time 3D functionality into broader application areas. Leveraging its sharp industry insights and deep understanding, the company believes that creating a digital twin of Earth can be broken down into five essential elements (architecture, roads, vegetation, water bodies, and terrain) and five developmental stages (static world, dynamic world, semi-simulated world, fully simulated world, and digital twin world).

To date, the company has entered the fourth stage of creating a digital twin of Earth, achieving real-time generation and rendering technology for the entire planet at L1 city-level accuracy. It has successfully integrated modeling technologies capable of generating an entire city within a day, closely tied to its core business operations. The company aims to complete the fifth stage by 2030, addressing real-world challenges related to transportation, AI training, spatiotemporal immersion, safety warnings, climate prediction, energy, and more, to establish a 1:1 digital twin scenario mirroring the real world, ultimately enhancing efficiency, safety, and quality in the physical world.

Since its establishment, the company has continuously moved from digital twins toward Physical AI. After years of technical accumulation and strategic planning, the company has built comprehensive capabilities in the three key components of Physical AI (data fuel, spatial models, and training platforms), establishing a full-chain Physical AI closed-loop ecosystem encompassing 'synthetic data - spatial intelligence models - simulation training platforms.' This has created a hard-to-replicate technical and ecosystem barrier, positioning the company as one of the few globally with true mastery of the three elements of Physical AI.

Financial Overview

In terms of financial performance, during the recorded period, the company experienced significant revenue growth. Revenue increased by 50.8% from RMB 170 million in 2022 to RMB 256.3 million in 2023, and further grew by 12.1% to RMB 287.4 million in 2024. Revenue for the six months ended June 30, 2024, was RMB 33.2 million, rising by 62.0% to RMB 53.8 million in the same period of 2025.

In 2022, 2023, and 2024, as well as for the six months ended June 30, 2024, and 2025, gross profits were RMB 110.4 million, RMB 139.0 million, RMB 146.9 million, RMB 16.6 million, and RMB 22.1 million, respectively. Gross profit margins were 65.0%, 54.2%, 51.1%, 50.0%, and 41.1%, respectively.

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Editor/Hao

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