News Daily

The Times

News from Asia

  • Written by Media Outreach
HONG KONG SAR - Media OutReach Newswire - 30 April 2026 - Phancy Group Co., Ltd. (Stock Code: 6682.HK) announced today that it proposes to purchase GPU servers and related accessories at a total consideration of RMB 400 million. The servers are applicable for model inference and training, and will be deployed in the Group's API business to meet the rapidly growing market demand for API calls.

Phancy's API business continues to show robust momentum. In Q1 2026, customer Token call volume surged more than 400% compared to Q4 2025, with month-on-month growth multiplying throughout the quarter. The timely deployment of new computing resources will further underpin the sustained and rapid expansion of the business.

Leveraging its leading vGPU technology and extensive experience in large model adaptation, Phancy is able to continuously improve Token call efficiency under the same computing power scale and fully unlock the value of computing resources. This enable the Group to better capture opportunities in the Token economy and establish a solid hardware foundation for large-scale business growth.

This expansion highlights Phancy's long-term commitment to scaling its computing infrastructure. The Company plans to continue investing to meet the strong growth in its API business and capture opportunities in the Token economy.

Hashtag: #Phancygroup

The issuer is solely responsible for the content of this announcement.

Read more

Pinboard Solutions for Offices, Schools and Shared Information Spaces

Why a Pinboard Remains Useful A pinboard provides a simple way to display information that needs to remain visible without being rewritten. Lawdex supplies fabric and cork options for offices, schools, staff areas and other environments. A pinboard can be used... Read more

Retractable Hose Reel: A Practical Guide To Choosing The Right Hose Storage

A retractable hose reel can make hose storage more organised, accessible and practical in workshops, commercial facilities, service areas and other working environments. Instead of leaving a hose coiled across the floor or requiring staff to manually wind it after... Read more

Car Removal Melbourne: What To Know Before Selling An Old Or Damaged Car

Start By Assessing Why The Car Needs To Go An old or damaged car can become difficult to justify keeping when repairs, registration, storage or ongoing maintenance outweigh its usefulness. Car removal Melbourne services can help owners arrange both the sale... Read more

Calm Marketing: Why You Don’t Need Flash to Win Online

There is a growing trend happening across websites, social platforms and digital storefronts, and it goes by the name calm marketing. Rather than shouting for attention with flashing banners, countdown timers and aggressive pop ups, calm marketing invites people to... Read more

Australian Off Road Caravans: What Makes Them Different from Standard Touring Vans?

Australian off-road caravans are designed for travellers who want to go beyond sealed highways and established caravan parks. A standard touring caravan is perfect for bitumen roads and conventional holiday routes. On the other hand, off-road models are built with... Read more

Why Compact Designs of Caravan Travel Transform Short Getaways

A caravan makes exploring Australia more flexible. For many Australians, a compact and practical setup makes short breaks easier, more comfortable and far more spontaneous. The layout inside significantly impacts how comfortable, organised and enjoyable your travels become.  Travellers often compare... Read more