Core Insights - Big Tree Cloud Holdings Limited (DSY) is an international capital platform established in 2020, focusing on industrial integration and strategic investment in China's personal care industry while recently expanding into the AI sector to meet market demands [1] Group 1: Corporate Actions - On February 23, 2026, DSY executed a reverse stock split at a 20-for-1 ratio, consolidating every 20 ordinary shares into one to streamline its share structure [2] - The reverse stock split coincided with the adoption of a dual-class share structure, which includes Class A and Class B ordinary shares, aimed at enhancing capital management flexibility [3] Group 2: Stock Performance - Despite strategic changes, DSY's stock price has faced challenges, currently priced at $3.21, reflecting a decrease of approximately 10.13% or $0.362 on the day, with a trading range between $3.17 and $3.84 [4] - DSY's market capitalization is approximately $15.25 million, with a trading volume of about 30,266 shares, and there has been a delay in implementing the reverse share split, with a new effective date to be announced [5]

以上内容基于公开资料整理，不构成投资建议。 从市场数据来看，当日该股开盘价为3.47美元，振幅达8.16%，成交金额为21,488美元，量比为1.25，显 示交投活跃度较前有所提升。此次上涨可能更多是市场交易行为所致，属于股价在持续下跌后的技术性 反弹。年初至今该股累计下跌31.11%，20日跌幅为31.86%，近期股价处于相对低位。 经济观察网 根据截至2026年2月23日的公开信息，大树云（DSY.OQ）当日股价上涨5.31%至3.76美元， 但并未有公司层面的重大利好公告或新闻事件直接解释该上涨原因。 股票近期走势 ...

Big Tree Cloud Secures First Batch of AI-Enabled Enterprise Platform Development Contracts [Accessibility Statement] Skip NavigationSHENZHEN, China, Feb. 23, 2026 /PRNewswire/ -- Big Tree Cloud Holdings Limited (the "Company") (NASDAQ: DSY) today announced that its AI business has made initial progress in technology development and services for enterprise clients (B2B), having signed its initial technical service agreements with a total contract value of approximately RMB 4.5 million (approximately US$620,0 ...

Core Viewpoint - Dassault Systèmes announces the appointment of Pascal Daloz as both Chairman and Chief Executive Officer following the resignation of Bernard Charlès for personal reasons, ensuring continuity in leadership and governance [2][8]. Leadership Transition - Bernard Charlès has stepped down as Executive Chairman and member of the Board, effective immediately, and has expressed his confidence in Pascal Daloz to lead the company [2][8]. - Pascal Daloz has been with Dassault Systèmes for 25 years and shares a vision with Charlès to push the boundaries of science and innovation [3][4]. Company Vision and Strategy - The company aims to lead the transformation powered by Industrial AI through its 3D UNIV+RSES initiative, which is a long-term commitment to redefine industry innovation and competition in the Generative Economy [5][8]. - Daloz emphasizes the importance of maintaining the freedom necessary for Dassault Systèmes to remain a game-changer and accelerate growth [5][6]. Legacy and Future Direction - Bernard Charlès, as a co-founder, has been instrumental in guiding Dassault Systèmes from a startup to a world leader, fostering a culture of innovation and sustainability [4][9]. - The transition is seen as a strong foundation for the continued development of Dassault Systèmes, with a focus on high-quality standards and the successful engagement of the next generation of AI-based industry solutions [9].

来源：经济观察网 经济观察网 截至2026年2月15日，根据公开信息，大树云（DSY.US）近期未披露新的重大事件公告。 以下为基于近期公开动态的值得关注点： 战略推进 AI领域转型：大树云于2025年第四季度宣布全面向人工智能领域转型，包括将总部迁至深圳前海，并 声称获得3000万元人民币战略投资及500万美元国际资本支持。但截至2026年1月，公司未披露具体技术 方向、团队或项目细节，市场对其转型实效持谨慎态度。 股票近期走势 股价持续低于1美元：截至2026年1月26日，公司股价报0.2762美元，长期低于纳斯达克1美元的最低要 求。若连续30个交易日未能达标，可能触发退市程序。 财务状况 财务表现恶化：2025财年（截至2025年6月30日）营收同比暴跌65.08%至255.7万美元，净利润亏损3253 万美元，经营活动现金流为负值，反映持续经营压力。 公司业务状况 业务收缩：核心卫生巾业务收入从2024财年的516.28万美元骤降至95.45万美元，线上渠道（如抖音、小 红书官方账号）已停更，线下加盟项目亦停滞。 产品研发进展 研发能力薄弱：截至2024年6月底，公司仅2名研发人员，转型AI面临技术 ...

Core Viewpoint - Big Tree Cloud Holdings Limited has announced that the previously planned reverse share split and related corporate actions will not take effect on February 12, 2026, as initially expected, with a new effective date to be announced later [1] Company Overview - Big Tree Cloud was founded in 2020 and is positioned as an international capital platform focused on industrial integration and strategic investment in China's personal care industry [1] - The company is currently expanding into the AI sector to meet the growing market demand for AI skills, aiming to inject new momentum into its development [1]

Core Viewpoint - Big Tree Cloud Holdings Limited has announced the implementation of a dual-class share structure and a 1-for-20 share consolidation, aimed at strengthening its market position and supporting future growth [1] Group 1: Share Consolidation - The company held an extraordinary general meeting on January 30, 2026, where shareholders approved the consolidation of every 20 ordinary shares into one ordinary share [1] - The reverse stock split will not alter any shareholder's percentage interest in the company's outstanding ordinary shares, except for adjustments from rounding up fractional shares [1] - The consolidated shares will begin trading on the Nasdaq Capital Market under the symbol "DSY" on February 12, 2026 [1] Group 2: Dual-Class Share Structure - The authorized share capital has been changed to US$50,000, divided into 25,000,000 shares, comprising 20,000,000 Class A ordinary shares and 5,000,000 Class B ordinary shares [1] - The company has redesignated existing shares, with 3,500,000 shares registered in the name of Ploutos Group Limited becoming Class B shares, while the remaining shares are designated as Class A shares [1] - All outstanding options, warrants, and other securities will be adjusted according to their respective terms following the share consolidation [1] Group 3: Management Commentary - A company spokesperson stated that the share consolidation and dual-class structure are significant milestones designed to support the next phase of growth and provide stability for executing long-term strategies [1] - The measures are intended to strengthen the corporate foundation and enhance governance, focusing on driving innovation and sustainable value for stakeholders [1] Group 4: Company Overview - Big Tree Cloud, founded in 2020, is positioned as an international capital platform focused on industrial integration and strategic investment in China's personal care industry [1] - The company is accelerating its expansion into the AI sector to capture growing market demand for AI skills, injecting fresh momentum into its development [1]

Core Insights - Dassault Systèmes reported a Q4 2025 revenue growth of 1% and a full-year revenue growth of 4%, with a recurring revenue increase of 6% driven by an 11% growth in subscription revenue [2][9][10] - The company initiated a revenue guidance for FY26, projecting a growth of 3-5% [2][9] - The CEO emphasized the long-term commitment to leading the Industrial AI transformation through their 3D UNIV+RSES initiative [5][6] Financial Performance - Q4 2025 total revenue reached €1.68 billion, while full-year revenue was €6.24 billion, reflecting a 4% increase [14][15] - Non-IFRS operating margin for Q4 was 37.0%, up 90 basis points year-over-year, and for FY25 it was 32.0%, up 40 basis points [9][10] - Diluted EPS for Q4 was €0.40, a 1% increase, and for FY25 it was €1.31, a 2% increase [14][15] Revenue Breakdown - Subscription and support revenue rose 3% in Q4, representing 76% of software revenue, while services revenue increased by 11% [15][16] - The Americas saw a 3% revenue increase, Europe experienced a 5% decline, and Asia grew by 6% [15][16] - Industrial Innovation software revenue rose 1% to €880 million, while Life Sciences software revenue decreased by 4% to €264 million [19][22] Strategic Focus - The company is focusing on disciplined execution and aligning resources around strategic priorities to deliver measurable impacts [6][12] - New AI-native generative solutions were launched, and a partnership with NVIDIA aims to enhance capabilities in Industrial AI [7][8] - The introduction of Annual Run Rate (ARR) reporting in 2026 is intended to provide better visibility into recurring revenue health [9][12] 2026 Financial Objectives - The company anticipates total revenue growth of 3-5% for FY26, with an operating margin between 32.2% and 32.6% [21][24] - Diluted EPS is projected to be between €1.30 and €1.34 [21][24] - The company expects subscription revenue to accelerate as customers adopt new business models [12][21]

Core Viewpoint - Dassault Systèmes announced the total number of outstanding shares and voting rights as of January 31, 2026, in compliance with regulatory requirements [2]. Group 1: Outstanding Shares and Voting Rights - The total number of outstanding shares is reported as 1,341,809,943 [2]. - The total number of voting rights is calculated to be 2,013,517,837, which includes all outstanding shares regardless of any suspended voting rights [2]. Group 2: Regulatory Compliance - The announcement adheres to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers [2]. - Shareholders are advised to refer to Article 223-11 for details on declaring crossing of thresholds related to shareholdings and voting rights [2].

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 ...