On September 21, MINIMAX-W rose 4.62% in regular trading, trading at HK$319.0/share, with turnover of HK$1.091 billion. The rally was driven by the formal open-sourcing of MiniMax Code CLI and continued momentum from expanding global partnerships.

MiniMax Code CLI v0.4.12 was officially released under the MIT license on September 18. In the FrontierHarness Eval benchmark, the tool achieved a 76.7% task pass rate with a median completion time of 4 minutes and 33 seconds, both metrics outperforming publicly listed baselines. The open-source release enables developers to inspect tool-calling and permission-handling logic, facilitating enterprise-grade application development and community-driven improvements.

Meanwhile, the company's global expansion continues to gain traction. Three MiniMax products were incorporated into Singapore's Singtel AI Pass public AI training program, Saudi Arabia's HUMAIN launched an Arabic large language model based on MiniMax M3, and the company formally commenced Japan operations with a new Tokyo office. The overseas revenue share reached approximately 60% in the first half of the year, underscoring the breadth of its international footprint.

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