呈交日期: 2026年2月5日 截至月份: 2026年1月31日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 公司名稱: 塗鴉智能（於開曼群島註冊成立以不同投票權控制的有限公司） | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02391 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 541,364,923 | | 0 | | 541,364,923 | | 增加 / 減少 (-) | | | 1,102,475 | | | | | | 本月底結存 | | | 542,467,398 | | 0 | | 542,467,398 | 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D( ...

Core Insights - Tuya Smart showcased innovative AI products at Spielwarenmesse 2026, highlighting the future of AI toys and their emotional companionship capabilities [1][14] Group 1: AI Toy Innovations - The Nebula Plush AI Toy features real-time LED facial expression feedback based on user emotions, supports conversation, and offers tactile feedback, making it a true AI companion [2] - Walulu, another AI toy, can detect 19 emotional responses, supports over 60 languages, and integrates with major AI language models, allowing users to customize personality traits [3] - The AI Learning Camera combines AI vision with education, providing object recognition linked to cultural content and transforming children's doodles into digital art [4] - Tuya also presented AI robotic dogs and an AI Clock, showcasing a range of products that enhance emotional interaction and personalized experiences [5] Group 2: AI Toy Development Solutions - Tuya introduced a comprehensive AI toy solution that covers the entire development process, reducing barriers for developers and brands [6] - The AI Agent Development Platform allows clients to design toy personalities and behaviors without needing to train models, facilitating deeper user connections [7] - Tuya offers flexible development pathways, including ready-to-market solutions and deep customization options for various types of toys [8][9] Group 3: Security and Compliance - Tuya's AI toy solutions include a parental management app for monitoring interactions and ensuring a secure experience for families [10] - The platform reduces R&D costs by 30% to 50% and shortens the development cycle by over 60%, enabling faster market entry [11][12] - Tuya's AIoT infrastructure supports global deployment with real-time language capabilities and compliance with international security standards [13]

涂鸦智能-W(02391)发布公告，于2026年1月29日，员工(董事除外)根据2015年股权激励计划行使期权或 受限制股份单位而发行110.25万股股份。 ...

智通财经APP讯，涂鸦智能-W(02391)发布公告，于2026年1月29日，员工(董事除外)根据2015年股权激 励计划行使期权或受限制股份单位而发行110.25万股股份。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 塗鴉智能 呈交日期： 2026年1月29日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02391 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事 ...

Core Insights - The article discusses the launch of "Hey Tuya," an AI life assistant by Tuya Smart, marking its first consumer-facing product after 12 years of development in the IoT sector [1][2]. Group 1: Product Overview - "Hey Tuya" is designed to assist consumers with various daily tasks, including schedule management, to-do lists, health monitoring, and interaction with smart home devices [2]. - The product is currently in the testing phase and is expected to be officially launched later this year [2]. Group 2: Competitive Landscape - Tuya Smart claims that there are currently no direct competitors offering similar services, positioning itself as a unique value provider with an open platform for developers [3]. Group 3: Market Potential and Challenges - The penetration rate of smart home devices is relatively low, with only about 6%-7% of homes currently equipped, indicating significant growth potential [7]. - Key challenges include enhancing cross-device experiences and continuously identifying real user needs to match technological capabilities [7]. Group 4: Business Model - Tuya operates under three main business models: PaaS (Platform as a Service) for device manufacturers, solution business for emerging product categories, and SaaS (Software as a Service) for end-users [8]. - The company maintains a B2B2C structure, empowering device suppliers while also focusing on consumer insights to optimize product offerings [9]. Group 5: Future Outlook - Tuya anticipates that 2025 will be a foundational year for AI devices, with ongoing efforts to encourage developers to explore AI applications [9].

Core Insights - Tuya Inc. has launched its first consumer product, the Hey Tuya AI Assistant For Life, at CES, marking a shift from its previous focus on business customers to direct consumer engagement [4][7] - The Hey Tuya assistant aims to simplify daily life by integrating with various smart home devices and managing tasks such as calendars and health [8][10] - Tuya's competitive edge lies in its extensive network of over 1.6 million developers and partnerships with more than 7,000 brands, enabling compatibility with around 60% of existing smart home devices [9][10] Company Overview - Tuya started as an IoT provider and evolved into an AI cloud platform service provider, focusing on enhancing the intelligence of connected devices through AIoT capabilities [6] - The company has been participating in CES for eight years, showcasing its commitment to innovation in the smart home sector [7] Product Features - Hey Tuya is designed to assist users in managing their home life, covering various scenarios and interactions with smart devices [8] - The product is currently in testing phases, with a rollout expected later this year [7] Market Position and Competition - Tuya claims a unique value proposition, stating that no other company offers the same combination of services, particularly in enabling developers to create innovative applications [9] - The penetration of smart home devices remains low, with only 6-7% of home devices currently connected, indicating significant growth potential for the market [11] Business Model - Tuya operates under three business models: Platform as a Service (PaaS) for device makers, turnkey solutions for innovative products, and Software as a Service (SaaS) for end users [13][14][15] - The current business structure is B2B2C, focusing on helping device manufacturers while also gathering consumer insights to enhance product offerings [16] Future Outlook - Tuya anticipates that 2025 will be a pivotal year for AI devices, with increasing developer interest and demand for AI integration [17] - The company expects 2026 to be a significant year for the proliferation of AI devices, as education and understanding of the technology improve among developers [18]

Core Viewpoint - The Nasdaq China Golden Dragon Index rose over 3%, indicating a strong performance in Chinese concept stocks [1] Group 1: Stock Performance - Zhihu (ZH.US) surged by 22% [1] - Kingsoft Cloud (KC.US) increased by over 20% [1] - GDS Holdings (GDS.US) rose by over 9% [1] - Tuya Smart (TUYA.US) climbed nearly 9% [1] - Alibaba (BABA.US) gained 8% [1] - Century Internet (VNET.US) increased by over 7% [1]

Core Viewpoint - Tuya Smart (TUYA.US) has launched its first AI pet companion product, the Aura robot, at CES 2026, marking a significant breakthrough in the consumer-grade AI robotics sector [1] Group 1: Product Launch - The Aura robot integrates companionship interaction, intelligent care, and lifestyle services, providing unprecedented emotional companionship for pets globally [1] - The launch of Aura signifies Tuya Smart's commitment to advancing Physical AI integration into everyday life [1] Group 2: Market Reaction - Tuya Smart's stock price increased by 3.64% to $2.28 in pre-market trading following the announcement [1] - The stock's closing price on January 9 was $2.22, with a trading volume of 1.223 million shares [1]

Core Insights - The 2026 CES showcased a significant presence of Chinese hardware companies, highlighting China's role as a crucial player in the global hardware supply chain [1][4] - Despite geopolitical tensions and a decline in the number of Chinese exhibitors from over 1300 in 2025 to 935 in 2026, the global market remains enthusiastic about Chinese AI hardware [1][4] - New trends in AI hardware were evident, with previously overlooked "gadgets" being redefined as key components of the Physical AI ecosystem [5][8] Group 1: Industry Trends - AI hardware startups are focusing on data, scenarios, and interactions to carve out their niche in a competitive market [17][21] - Major companies are integrating smaller devices like smart rings and companion robots into their AI strategies, emphasizing their role in connecting users with data and services [8][9] - The CES highlighted a shift towards more practical applications of AI hardware, with companies like Ludens AI and Tuya Smart exploring emotional and functional aspects of their products [15][22] Group 2: Company Developments - Ludens AI, despite bringing only two prototypes to CES, received significant interest, indicating a strong market demand for AI-driven household robots [3][21] - Tuya Smart introduced its AI pet companion robot Aura, marking a shift towards consumer-facing AI hardware, aiming to create a cohesive smart home ecosystem [13][15] - LeXiang Technology launched its new brand "YuanDian Smart" at CES, focusing on consumer-grade robotics and establishing partnerships with local distributors in North America and Europe [2][28] Group 3: Market Dynamics - The presence of industrial giants like Caterpillar and Siemens at CES indicates a growing recognition of the importance of physical infrastructure in supporting AI technologies [29][30] - The market is increasingly valuing the integration of AI hardware into everyday life, with products designed to enhance user experience across various scenarios [11][19] - The CES event served as a platform for companies to explore collaborations and partnerships, reflecting a collective movement towards innovation in AI hardware [28][30]