
Suanova Information, a Yeebo's Subsidiary, Makes Its Debut at the 2025 WAIC
HONG KONG SAR - Media OutReach Newswire - 30 July 2025 - Suanova Information (Shanghai) Limited ("Suanova Information"), a wholly-owned subsidiary of Yeebo (International Holdings) Limited ("Yeebo" or the "Company", stock code: 259, which together with its subsidiaries is referred to as the "Group") made its debut at the 2025 World Artificial Intelligence Conference ("WAIC") held in Shanghai from 26 to 29 July, and hosted a major forum.Suanova Information, under Yeebo, focuses on three business areas covering compute power and cloud operations, computing industry investment and computing technology development. It aims to accelerate the deep integration and application of AI across various sectors through independent innovation. As a domestic cloud computing pioneer, Suanova Information offers professional, independent, and innovative one-stop services to enterprises in China. With branches in Hong Kong and Shanghai, it provides customers with better localized services. Leveraging strategic investments, partnerships, and an openness to new technologies, Suanova Information has developed solid and full-stack service capabilities, from core components to application deployment, solidifying its position as a major player in mainland China's AI compute.At the 2025 WAIC, Suanova Information, alongside several technology companies from its computing investment portfolio, presented its comprehensive industry ecosystem to attendees from around the world. Together, they showcased various core computing components, solutions, and practical case studies.Suanova Information also leveraged this opportunity to demonstrate its compute power and cloud operational capabilities. The Group currently manages advanced, fully autonomous AI computing infrastructure in Hong Kong and Shanghai – the "Harvest" series intelligent computing centers. These centers operate Artificial Intelligence Data Centers ("AIDC") housing over 3,000 GPU card clusters. Their client base spans industry and research institutions, including Tsinghua University, Fudan University, Shanghai Jiao Tong University, Shanghai Artificial Intelligence Laboratory, Institute for Advanced Algorithms Research, Shanghai, and Hong Kong Broadband Network ("HKBN"). The "Harvest" series clusters are distinguished by their leading domestic localization, high-grade network and high-speed storage, seamless integration with public and computing clouds, flexible delivery models, an independently controllable private computing platform, and high-level SLA services, all designed to provide clients with stable and efficient AI computing support.Beyond its role as an exhibitor, Suanova Information, together with its industry chain partners, hosted the "Suanova Information: Intelligent Convergence in the East, Connecting Global Ecosystems Forum" in the afternoon of 27 July. The forum focused on two major topics: "Domestic Full-Stack Integration" and "Shanghai-Hong Kong Cooperation Towards the World". It convened domestic and international experts, academics, and industry leaders to discuss the latest advancements in computing and AI technology, explore industry ecosystem collaboration, and address the opportunities and challenges for Chinese technology expanding globally.The forum commenced with an opening speech by Mr. Zhang Hongtao, Deputy Director of the Shanghai Municipal Commission of Economy and Informatization, followed by a welcome address from Mr. Fang Yan Tak, Douglas, Chairman of Yeebo. The forum featured keynote speeches from academic and industry leaders, including Professor Tim Kwang Ting Cheng, Vice-President for Research and Development of the Hong Kong University of Science and Technology; Mr. Wang Yanfeng, Executive Dean of the School of Artificial Intelligence at Shanghai Jiao Tong University and Chairman of the Board of Directors of Shanghai Jiao Tong University Industrial Innovation Research Institute; Dr. Suo Guang of KylinSoft Corporation; Mr. Xu Runan, Senior Vice President and President of the Cloud and Computing Storage Product Line at H3C Technologies Co., Ltd.; and Dr. Denis Yip, President and Group Chief Operating Officer of HKBN Group. Additionally, academic experts, founders, and senior management teams from various renowned universities and enterprises participated in panel discussions and sharing sessions. During the forum, guests shared the story behind the creation of the domestic high-density cabinet, "Shanghai Cube," and their experiences in building and operating the first "Shanghai-produced card" computing power cluster with a thousand-card scale.In his welcome address, Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, remarked: "The aspiration of Suanova Information is to provide crucial financial support to outstanding technology enterprises, and to do everything to assist the companies we invest in, especially during challenging times. Suanova Information is committed to being a pioneer in the market, leading the charge in the adoption of domestic AI products powered by Chinese computing capabilities. We believe in fostering open partnerships, and aim to bring exceptional 'Shanghai Solutions' and Chinese technology to the market – from Shanghai to Hong Kong, and from China to the world."Through the significant effort and investments in AI compute and related businesses in the past two years and Yeebo has established itself as one of the key players in the AI arena in mainland China. Leveraging targeted investments in scalable infrastructure, strategic partnerships, and an open-minded approach to emerging technologies, Yeebo has built a foundation that aligns with the accelerating demand for AI solutions across industries. These initiatives not only strengthen Yeebo's competitive positioning but also reinforcing its commitment to delivering consistent growth in a rapidly evolving market. Yeebo's strategic groundwork laid in AI compute and related businesses has positioned the Group for meaningful and sustained growth in the years ahead.Hashtag: #Yeebo #Suanova
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company's core business spans flat panel displays, OLED technologies and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.
In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence ("AI") compute and related sectors. This initiative reflects the Company's commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across mainland China and Hong Kong.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
2 days ago
- The Star
AI startup Anaconda raises $150 million in Series C funding led by Insight Partners
FILE PHOTO: An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo (Reuters) -Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi's Mubadala Capital. The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter. The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees. The funding comes amid increased competition in the enterprise AI software sector, with Python continuing to dominate as the programming language of choice for AI development. U.S. startup funding has surged 75.6% in the first half of 2025, led by the AI boom, putting it on track for its second-best year ever, even as venture capital firms struggled to raise money, according to PitchBook. This year's boom has been driven largely by major AI investments and bold bets from big tech companies, a wave of activity set off by the debut of ChatGPT in late 2022. In the past three months alone, $69.9 billion was invested in U.S. startups. Anaconda did not immediately respond to a Reuters request for comment regarding the valuation. The company is seeking to capitalize on growing enterprise demand for open-source tools as organizations shift from isolated data science projects to broader AI applications. The startup has also expanded its leadership team, hiring executives with backgrounds in enterprise technology and product innovation. The funding follows Anaconda's launch of a new AI platform and a partnership with Databricks. (Reporting by Kritika Lamba in Bengaluru; Editing by Shailesh Kuber)


The Star
2 days ago
- The Star
AI infrastructure company fal raises $125 million, valuing company at $1.5 billion
FILE PHOTO: An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo SAN FRANCISCO (Reuters) -Artificial intelligence infrastructure company fal raised a $125 million Series C round valuing the company at $1.5 billion, the company said Thursday. Venture capital fund Meritech led the round with participation from Salesforce Ventures, Shopify Ventures and Google AI Futures fund. Existing investors Bessemer Venture Partners, Kindred Ventures, Andreessen Horowitz, Notable Capital, First Round Capital, Unusual Ventures and Village Global also participated in the round. San Francisco-based fal, which specializes in running audio, video and image models on behalf of enterprises, is part of a growing class of service providers to companies looking to use AI models that are not text-based, sometimes known as multimodal models or generative media models. In particular, image generation AI models, where users type in prompts to generate novel images, have taken off with consumers this year. While ChatGPT's initial viral takeoff was from its ability to generate paragraphs of text, its most recent viral moment came in April when it unveiled the ability to create images based on the hand-drawn style of famed Japanese animation outfit Studio Ghibli. Thanks to that feature, ChatGPT's average weekly active users breached the 150 million mark for the first time, according to data from market research firm Similarweb. Most of fal's customers are using its platform for enterprise purposes, such as to create different images of a product for an ecommerce website or for online advertising. "With generative AI, you can create infinite iterations of the same ad," fal CEO Burkay Gur told Reuters. "You can create different versions for different demographics. You can A/B test it as much as you want. And there is incremental value on each asset that you create." (Reporting by Anna Tong in San Francisco; Editing by Stephen Coates)


The Star
3 days ago
- The Star
Humanoid robots embodiment of China's AI ambitions
SHANGHAI: Serving craft beer, playing mahjong, stacking shelves and boxing, the dozens of humanoid robots at Shanghai's World AI Conference (WAIC) last weekend were embodiments of China's growing AI prowess and ambition. The annual event is primed at showcasing China's progress in the ever-evolving field of artificial intelligence, with the government aiming to position the country as a world leader on both technology and regulation as it snaps at the United States' heels. Premier Li Qiang announced China would set up a new organisation for cooperation on AI governance, warning the benefits of development must be balanced with the risks. But in the cavernous expo next door, the mood was more giddy than concerned. "Demand is currently very strong, whether in terms of data, scenarios, model training, or artificial construction. The overall atmosphere in all these areas is very lively," said Yang Yifan, R&D director at Transwarp, a Shanghai-based AI platform provider. This year's WAIC is the first since a breakthrough moment for Chinese AI this January when startup DeepSeek unveiled an AI model that performed as well as top US systems for an apparent fraction of the cost. Organisers said the forum involved more than 800 companies, showcasing over 3,000 products – the undeniable crowd pleasers being the humanoid robots and their raft of slightly surreal party tricks. At one booth, a robot played drums, half a beat out of time, to Queen's We Will Rock You while a man in safety goggles and a security vest hyped up a giggling crowd. Other droids, some dressed in working overalls or baseball caps, manned assembly lines, played curling with human opponents or sloppily served soft drinks from a dispenser. While most of the machines on display were still a little jerky, the increasing sophistication year-on-year was clear to see. The Chinese government has poured support into robotics, an area in which some experts think China might already have the upper hand over the United States. At Hangzhou-based Unitree's stall, its G1 android – around 130 centimetres (four feet) tall, with a two-hour battery life – kicked, pivoted and punched, keeping its balance with relative fluidity as it shadowboxed around a ring. Ahead of the conference's opening, Unitree announced it would launch a full-size humanoid, the R1, for under US$6,000 (RM 25,413) . 'Digital humans' Most high-tech helpers don't need hardware though. At the expo, AI companions – in the form of middle-aged businessmen, scantily clad women and ancient warriors – waved at people from screens, asking how their day was, while other stalls ran demos allowing visitors to create their own digital avatars. Tech giant Baidu on Saturday announced a new generation of technology for its "digital humans" – AI agents modelled on real people, which it says are "capable of thinking, making decisions, and collaborating". The company recently ran a six-hour e-commerce broadcast hosted by the "digital human" of a well-known streamer and another avatar. The two agents beat the human streamer's debut sales in some categories, Baidu said. Over ten thousand businesses are using the technology daily already, the department's head Wu Chenxia told AFP. Asked about the impact on jobs – one of the major concerns raised around widespread AI adoption – Wu insisted that AI was a tool that should be used to improve quality and save time and effort, which still required human input. In China, the integration of AI into everyday life is beginning to pick up pace. At WAIC, Baidu also announced it had been granted a permit to operate fully driverless robotaxis in parts of the massive Pudong district, the service's first foray into downtown Shanghai. For now, few visitors to the WAIC expo seemed worried about the potential ramifications of the back-flipping dog robots they were excitedly watching. "When it comes to China's AI development, we have a comparatively good foundation of data and also a wealth of application scenarios," said Transwarp's Yang. "There are many more opportunities for experimentation." – AFP