On October 29, 2025, Huali Co., Ltd. (603038.SH) made a public announcement, revealing its intention to enter into a letter of intent with the shareholders of Beijing AI Beam Technology Co., Ltd. The aim is to acquire a 51% stake in AI Beam, with the funds coming from either the company's own reserves or self-raised cash.

Once the deal is finalized, AI Beam will transition into a controlled subsidiary under the umbrella of Huali Co., Ltd.

AI Beam stands out as a national-level specialized and innovative "little giant" enterprise. Its core focus lies in the research and development of intelligent interaction and decision-making tools, as well as digital content management software products and comprehensive solutions. In the government sector, the company has successfully developed a vertical large model that is registered in the National Cyberspace Administration's algorithm registry. This model serves as the foundation for a range of products and services, including intelligent asset management decision platforms, unified intelligent interaction systems, virtual digital humans, and content management systems. These offerings are tailored to meet the needs of party and government organizations, financial institutions, and clients from central and state-owned enterprises.