Xunce (3317.HK): The morpheme economy boom is in full swing, with national subsidies implemented and five major trends supporting it

On March 25th, the National Supercomputing Internet launched a large-scale free distribution campaign for tokens, with individuals able to receive up to 30 million tokens. The renewal price is as low as 0.1 yuan per million tokens. The “national subsidy” policy has been implemented, injecting strong momentum into the development of the token economy. The day before, Liu Liehong, Director of the National Data Bureau, systematically outlined five major trends in AI evolution, clarifying that tokens have become the core settlement unit in the intelligent era. The daily call volume has increased over a thousand times in two years, and new business logic is accelerating its formation. As the first and leading token stock listed in Hong Kong, Xunce Technology (3317.HK), with its full industry chain layout and first-mover advantage, closely aligns with industry trends and takes a leading position in the development of the token economy.

Liu Liehong’s five major AI trends directly point to a strategic restructuring of AI data infrastructure: the explosion of intelligent agents driving applications from dialogue to decision-making; high-quality industry data integration models becoming core variables; embodied intelligence generating high-value real machine data demands; tokens establishing their position as the settlement unit; and the accelerated development of AI security and compliance governance systems. These five trends collectively indicate that AI industry competition has shifted from parameter battles to the ability to unlock data infrastructure and token value.

As a leading domestic provider of real-time data infrastructure, Xunce Technology centers on its self-developed cloud-native unified real-time data platform VONE, building a comprehensive service system covering data acquisition, cleaning, standardization, real-time computing, and large model tuning, achieving millisecond-level processing of multi-source heterogeneous data. The company was among the first to implement a token-based pricing model, launching high-purity data tokens that significantly reduce invalid consumption, allowing more business certainty with fewer tokens and precisely matching the needs for high-quality data set construction.

Currently, Xunce’s business deeply covers high-growth sectors such as finance, robotics, and commercial aerospace. It holds an 11.6% market share in the real-time data segment of the asset management industry, ranking first in the industry and serving the top ten domestic asset management clients. As tokens transition from concept to the implementation of “national subsidies,” the commercialization process of the token economy is accelerating. With its technological barriers, industry first-mover advantages, and full-scenario implementation capabilities, Xunce is expected to fully benefit from the industry explosion, and its value is worth the capital market’s continued attention.