The Zhitong Finance App learned that Weihuada Holdings (00622) issued an announcement stating that it will issue 1.18 billion new shares to Nova Scope Ventures Limited at HK$2.70 per share, with consideration of about HK$3.186 billion, to introduce AI strategic shareholder Teslink. After the transaction is completed, Nova Scope Ventures Limited will hold 14.53% of the shares of Weihuada Holdings, and Vivada will indirectly hold about 49.60% of the shares of TESS Union's subsidiary Teslink Shanghai (China Operating Company for short). As a joint venture platform between the two parties, the China Operation Company has a registered capital of 3.4 billion yuan. This transaction is listed as a major long-term investment by Weihuada Holdings and is a strategic opportunity for it to quickly enter the AI industry. The two sides will rely on their respective industrial and technological advantages to reach deep strategic collaboration and deepen the layout of the AI industry.
The combination of the two sides has solid fundamental support. After the transaction is completed, Weihuada's net assets are expected to further increase to about HK$7.51 billion, and its capital strength will rise simultaneously with the industrial landscape. As of the previous trading day, the market value of Weihuada Holdings reached HK$20.9 billion. Stable financial fundamentals and strong capital strength provide sufficient space for continued investment and cooperation between the two sides in the field of AI.
For Weihuada Holdings, this is a ticket to the AI circuit. Use AI to optimize AI and solve the problem of “repairing the stack” of domestic computing power. Based on the AI intelligent optimization engine and agent cluster scheduling, Teslink penetrates the “Intelligent Computing Center - Computing Power Rental - Token Factory” business to provide hierarchical, flexible, and scalable AI productivity solutions. Its core is to make the AI Infra Agent an automatic adaptation center, drastically shortens the chip landing cycle, increases hardware utilization, and further enables the intelligent body to achieve autonomous tuning, and push AI optimization from the operator layer to the full stack, and to a new stage of automatic system optimization. Its self-developed hybrid intelligent computing platform opens up a “model-computing-power-token” link, upgrading the traditional “manual distribution of computing power” to “reverse model customization+Agent AI automatically schedules resources, optimizes caching, and reduces manual intervention.” ——Customize computing power cluster configurations in reverse according to model requirements to continuously improve token output per unit computing power and cluster operation efficiency. The company downwards integrates the domestic computing ecosystem and is compatible with multiple chip architectures, and increases token production capacity through agents to form a closed value loop of AI software and hardware integration. At a time when demand for AI computing power is exploding, the scarcity of such assets is self-evident.
For Tesla Union, this also means that its AI assets, technical strength and business prospects will gain wider recognition in the capital market. The announcement also made it clear that this is an arrangement aimed at long-term mutual growth.