Press ReleaseVELIZY-VILLACOUBLAY, France — February 9, 2026 Declaration of the number of outstanding shares and voting rights as of January 31, 2026 Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of January 31, 2026, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers. Number of outstanding shares: 1,341,809,943 Number of voting rights*: 2,013,517,837 *The tota ...

在人工智能从技术研发走向规模应用的关键阶段，大树云集团(DSY.US)其To B AI业务近日传出实质性 进展。公司已成功签约多笔企业级AI解决方案订单，标志着其商业化路径初步走通，形成"人才培养 +行业赋能"的双向循环。 当前，人工智能行业正经历从"技术为王"到"应用落地"的深刻转变。在此背景下，大树云集团以其独特 的"人才—场景"连接器模式，在企业级AI服务市场悄然卡位。 破解"应用鸿沟"，打造人才与场景闭环 行业普遍面临的核心难题在于：AI技术能力与产业实际需求之间存在断层。大树云选择从"人"切入，通 过自研平台与课程体系，规模化培养兼具业务理解与技术实操能力的"AI应用工程师"，试图构筑产业智 能化的基础人才层。与此同时，其企业服务团队深入教育、咨询等垂直行业，提供定制化解决方案。 二者并非孤立业务，而是形成协同循环：人才培养为项目交付储备实施力量，而复杂的行业项目又反哺 课程与培训体系，注入实战案例。这种"从产业中来，到产业中去"的闭环，正逐步成为其差异化竞争力 的来源。 业务飞轮初转，商业化进程加速 大树云的业务路径显示出较强的规划性：早期通过To C业务验证产品、积累用户、打磨方法论；继而以 技 ...

Core Insights - Dassault Systèmes has reported on the liquidity contract with Oddo BHF SCA, detailing transactions and resources as of December 31, 2025 [1][8]. Group 1: Liquidity Contract Overview - The liquidity contract was implemented on January 7, 2015, and updated on June 18, 2019 [1]. - As of December 31, 2025, the liquidity account held 925,197 shares of Dassault Systèmes and €5,384,754.01 in cash [3]. - Initial resources at the time of the contract's implementation included 0 shares and €10,000,000 in cash [3]. Group 2: Transaction Details - From July 1, 2025, to December 31, 2025, a total of 20,126 purchases and 22,371 sales were executed [4]. - The total volume of securities traded during this period amounted to 4,863,746 shares purchased for €128,747,093 and 4,796,309 shares sold for €128,114,812.54 [4]. - Specific transaction examples include purchases of 40,000 shares on July 7, 2025, for €1,246,769.05 and sales of 69,000 shares on July 10, 2025, for €2,236,435.00 [4]. Group 3: Financial Contributions - Amendments to the liquidity agreement included an additional €5,000,000 contribution on October 26, 2017, raising the total to €15,000,000, and another €5,000,000 contribution on December 13, 2018, increasing it to €20,000,000 [3]. - At the time of the new liquidity contract implementation on June 18, 2019, the account had 62,557 shares and €17,496,140.38 in cash [3].

Core Points - Dassault Systèmes announced the total number of outstanding shares and voting rights as of December 31, 2025, with 1,341,806,268 outstanding shares and 2,013,578,477 voting rights [2]. Group 1 - The number of outstanding shares is reported as 1,341,806,268 [2]. - The total number of voting rights is calculated based on the outstanding shares, totaling 2,013,578,477 [2]. - The calculation of voting rights includes shares with suspended voting rights, as per regulatory guidelines [2]. Group 2 - Shareholders are advised to refer to Article 223-11 of the General Regulation for declaring crossing of thresholds [2]. - Declarations related to crossing of thresholds must be sent to Dassault Systèmes' Investor Relations Service [3]. - The company emphasizes its role as a catalyst for human progress through its 3DEXPERIENCE platform, serving 370,000 customers across various industries [3].

Core Viewpoint - Dazhu Cloud (DSY.US) has experienced a significant decline, with its stock price dropping to $0.3 per share, marking a 91% decrease over the year and a market capitalization reduction to $288 million (approximately 2 billion RMB) [3][14]. Financial Performance - For the fiscal year 2024, Dazhu Cloud's revenue plummeted by 65.08% to $255.7 million, and it reported a net loss of $32.53 million (approximately 220 million RMB), while sales expenses surged 26 times from $127.9 million to $34.71 million [3][8]. - The company's core business, sanitary napkin sales, saw a drastic decline of 81.51%, with revenue dropping from $516.28 million to $95.45 million in fiscal year 2025 [8][10]. Business Model and Strategy - Dazhu Cloud initially adopted a rapid growth strategy targeting the Chinese women's hygiene product market, leveraging social media marketing and KOL endorsements [6][7]. - The company launched a "Smile Cloud" public welfare initiative to enhance brand visibility, although this strategy faced criticism for being misaligned with the target consumer demographic [6][11]. - Following its SPAC listing on NASDAQ in June 2024, Dazhu Cloud shifted to a dual strategy of capital operation and large-scale marketing, but this approach has not yielded the expected returns [7][12]. Operational Challenges - The company has faced significant operational challenges, including a lack of core product competitiveness, with only two R&D personnel as of June 2024 [11][12]. - Dazhu Cloud's marketing expenditures raised concerns, particularly regarding the transparency of its sales expenses, which included $34.2 million in stock compensation primarily to distributors [11][13]. Market Position and Competition - The sanitary napkin market in China is highly competitive, with major brands holding only a small market share, leading to intense competition among numerous small and medium-sized brands [16][17]. - Dazhu Cloud's stock has been under pressure, facing potential delisting due to falling below NASDAQ's market capitalization requirements [14][16]. Future Outlook - The company has announced plans to continue its "Innovation 50" initiative aimed at enhancing core competitiveness through technological innovation, although doubts remain about its feasibility given the current resource constraints [16][17]. - Dazhu Cloud's trajectory reflects broader issues within the industry, highlighting the importance of product quality and innovation in a competitive market [17].

Core Viewpoint - Big Tree Cloud Holdings Limited is expanding into new artificial intelligence business lines and restructuring teams to support long-term AI growth [1] Group 1: Executive Changes - Yumao Huang resigned from the board amid business adjustments, and Xiaoxuan Zhu has been appointed as a board director and co-CEO alongside Wenquan Zhu [2] - Xiaoxuan Zhu holds a bachelor's degree in sociology from Peking University and is pursuing a master's at the University of Chicago Booth School of Business [3] - Hu Huang has been appointed as director of the AI Ecosystem Division's technology department, bringing 19 years of experience from companies like VIPKID, Alibaba, and JD.com [4][5] Group 2: Strategic Initiatives - Big Tree Cloud signed a strategic cooperation letter of intent with AI expert Canming Wang, who is among Kaggle's top 50 global competitors [6] - The company aims to capture opportunities in the next wave of tech transformation, as stated by Wenquan Zhu, chairman and co-CEO [6] Group 3: Market Reaction - Following the announcement of its AI expansion, Big Tree Cloud Holdings shares rose by 7.27% to $0.29 [6]

Core Insights - Big Tree Cloud Holdings Limited is expanding into new AI business lines and has appointed key talents to support its long-term growth strategy [1] Group 1: Management Changes - Mr. Yumao Huang has resigned from the Board of Directors, effective immediately, with no disagreements reported [2] - Ms. Xiaoxuan Zhu has been appointed as a director and Co-Chief Executive Officer, focusing on strategic planning and AI project execution [3] - Mr. Hu Huang will lead the Technology Department of the AI Ecosystem Division, enhancing the Company's AI technical infrastructure [4] Group 2: Strategic Initiatives - The Company has signed a strategic cooperation letter of intent with AI expert Mr. Canming Wang, who has a notable record in data science competitions [5] - The Chairman and Co-CEO, Mr. Wenquan Zhu, emphasized the importance of operational optimization and strategic execution in expanding the AI business [6] Group 3: Company Overview - Founded in 2020, Big Tree Cloud is focused on industrial integration and strategic investment in China's personal care industry, now accelerating its expansion into the AI sector [7]

Core Viewpoint - Dashi Cloud (DSY) has shown a significant increase in stock price and a notable growth in net profit, despite a substantial decline in total revenue [1]. Financial Performance - As of December 31, 2024, Dashi Cloud reported total revenue of $1.0399 million, a decrease of 74.99% year-on-year [1]. - The net profit attributable to the parent company reached $1.8795 million, marking a year-on-year increase of 223.27% [1]. Company Overview - Dashi Cloud Holdings Limited is a Cayman Islands-registered holding company that operates primarily through its domestic subsidiary, Guangdong Dashi Cloud Investment Holdings Group Co., Ltd. [1]. - The subsidiary operates under a C2M (Customer-to-Manufacturer) model, focusing on product research and development, manufacturing, brand operation, and sales [1]. - The group emphasizes the personal care product sector, adhering to a self-owned brand development strategy and leveraging technology to produce high-end personal care products in China [1]. - Dashi Cloud upholds the corporate spirit of "integrity, innovation, harmony, and win-win," pursuing a path of independent innovation [1].

Core Points - Dassault Systèmes announced the total number of outstanding shares and voting rights as of November 30, 2025, with 1,341,782,567 outstanding shares and 2,013,594,540 voting rights [2][4] Group 1 - The number of outstanding shares is reported as 1,341,782,567 [2] - The total number of voting rights is calculated based on the outstanding shares, including those with suspended voting rights [2] - Shareholders are advised to refer to Article 223-11 of the General Regulation for details on declaring crossing of thresholds [2][3]

Core Points - Dassault Systèmes announced the total number of outstanding shares and voting rights as of October 31, 2025, with 1,341,772,015 outstanding shares and 2,013,588,275 voting rights [2][4] Group 1 - The number of outstanding shares is reported as 1,341,772,015 [2] - The total number of voting rights is calculated based on the outstanding shares, including those with suspended voting rights [2] - Shareholders are advised to refer to Article 223-11 of the General Regulation for details on declaring crossing of thresholds [2][3]