Core Insights - The 2025 China Intelligent Computing Industry Ecosystem Development Conference was held in Shenzhen, focusing on how to promote high-quality development of the computing power industry through supply-demand collaboration and ecosystem building [1] - Computing power has become a core engine for industrial upgrading and innovation development amid the waves of artificial intelligence (AI) and digital transformation [1] Group 1: Industry Development - Experts emphasized the need for a unified standard for computing power interconnectivity to break down technical and industrial barriers [1] - The concept of a computing power internet aims to enhance resource interconnectivity without building a new network, focusing on upgrading existing internet functionalities [1] - Efficient integration of computing resources can unlock the industrial value of large models in vertical sectors [1] Group 2: Project Initiatives - China Communications (Zhongwei) Big Data Technology Co., Ltd. is developing the Zhongwei Smart Data Valley project, which is expected to be operational by August this year [2] - The project aims to facilitate collaboration between Shenzhen and Zhongwei, leveraging green computing power from Zhongwei and algorithmic advantages from Shenzhen [2] - The project will implement a "Western training + Eastern inference" collaborative model through the China Computing Power Network [2] Group 3: Sector-Specific Applications - The Zhongwei Smart Data Valley will provide customized computing power support for emerging industries in Shenzhen, such as intelligent connected vehicles and biomedicine [3] - Collaboration with automotive companies in Shenzhen will focus on developing an autonomous driving training platform, utilizing low-cost computing power from Zhongwei to accelerate model iteration [3] - A cross-regional data circulation mechanism will be established, ensuring compliance and security for cross-border data transmission through technologies like blockchain [3]

Core Viewpoint - The event "Fushi Market" organized by Shen Nong Group and Chengdu Cultural Tourism Group aims to enhance agricultural brand building and facilitate agricultural resource collaboration between Guangdong and Sichuan, responding to the central government's call for rural revitalization and the construction of an agricultural powerhouse [1][2]. Group 1 - The "Fushi Market" event features cultural mascots representing Guangdong and Sichuan, which serve as brand ambassadors for agricultural products and promote regional cultural identity [1]. - The event showcases advanced cold chain transportation technology, ensuring fresh delivery of products like lychees from Guangdong and water peaches from Chengdu to various cities, enhancing the supply chain efficiency [2]. - Shen Nong Group's collaboration with agricultural production bases in the Chengdu region aims to establish a comprehensive supply chain from production to consumption, leveraging its expertise in cold chain logistics and distribution [2]. Group 2 - The event incorporates a hybrid sales model combining online and offline channels, which significantly improves the efficiency of agricultural product distribution and market share [2].

Group 1 - The twelfth National Games for Persons with Disabilities and the ninth Special Olympics cycling event is taking place in Shenzhen, showcasing advanced technology that enhances the sports and life experiences of disabled individuals [1][2] - The intelligent stair-climbing electric wheelchair, capable of climbing 1,120 steps on a full charge and automatically adjusting its posture based on stair gradient, has been highlighted as a significant innovation for athletes and spectators who rely on wheelchairs [1] - Another innovative product, the brain-controlled wheelchair, allows users to control movement through brain signals captured by a special headset, demonstrating the potential of AI in improving mobility for those with severe disabilities [1] Group 2 - The event is supported by smart patrol robots and robotic dogs that ensure safety and order, equipped with features such as voice reminders, video promotion, and emergency alerts, acting as a technological safeguard for the event [2] - The hotels accommodating athletes have implemented advanced technologies, including a voice and sign language translation system for the hearing impaired and AI glasses that convert images to speech for visually impaired athletes [2] - A total of 108 high-quality technological products from 38 selected companies have been showcased, including smart wheelchairs, prosthetics, rehabilitation robots, security robots, and unmanned rescue boats, catering to the diverse needs of the event and athletes [2]

Group 1 - The "Dream Factory Technology Day AI Technology Flash Market" was held on July 4, showcasing over 20 AI innovation companies and their cutting-edge technologies and products, aimed at helping AI startups expand their market and connect resources [1][2] - Companies like Shenzhen Qianhai Jarvis, Aoguang Innovation, and XianDui Technology presented AI innovation products across various fields including smart agriculture, smart rehabilitation, generative AI, computer vision, and AI chips [1][2] - The CoolCovery team introduced a wearable recovery device called "Cold Air Wave," which combines cold and hot therapy with multi-chamber air pressure, allowing users to perform standardized recovery at home [1] Group 2 - Shenzhen VTB Technology's electric off-road motorcycle has gained significant popularity, especially in the European and American markets, with 70% of its sales being exported [2] - Since joining the Dream Factory, VTB Technology has increased its exposure and attracted interest from venture capital firms, leading to discussions for new financing to enhance product development and brand promotion [2] - The event highlighted various entrepreneurial teams focusing on fields such as large model inference, embodied robotics, AI medical imaging analysis, and edge intelligence, showcasing the strong AI innovation cluster effect in Qianhai and the Dream Factory [2] Group 3 - The "1510" plan was launched during the 10th anniversary of the Dream Factory, which includes the "1 Yuan Innovation Workshop" policy aimed at attracting high-quality productivity from Hong Kong's advantageous industries [3] - The "1 Yuan Innovation Workshop" policy has successfully drawn more AI startup teams from Hong Kong and local areas, enabling them to quickly initiate research and commercial exploration in a low-cost environment [3] - AI teams are progressing rapidly from concept validation to mature market projects, supported by the incubation resources and diverse activities provided by the Dream Factory [3]

Core Viewpoint - Shenzhen has implemented measures to promote high-quality development in the semiconductor and integrated circuit industry, aiming to enhance the core competitiveness and innovation leadership of the industry [1][2]. Group 1: Policy Measures - The newly introduced measures include 10 specific support initiatives focusing on high-end chip product breakthroughs, chip design support, EDA tool promotion, core equipment and component breakthroughs, key manufacturing and packaging materials, high-end packaging testing, and accelerating the maturity of compound semiconductors [1]. - The measures emphasize the importance of market resource allocation and the role of enterprises as market entities, promoting a stable and efficient collaborative development mechanism across the industry chain [1]. Group 2: Industry Performance - Shenzhen's integrated circuit industry reached a scale of 142.4 billion yuan in the first half of the year, marking a historical high with a year-on-year growth of 16.9% [2]. - The establishment of the Semi Industry Private Equity Fund, with a total scale of 5 billion yuan, aims to invest in key projects and leading enterprises in Shenzhen's semiconductor and integrated circuit sector, focusing on building a localized supply chain [2].

Group 1 - The Middle East, particularly Saudi Arabia, UAE, Kuwait, and Qatar, presents significant investment opportunities due to the continuous influx of people and capital [1][3] - Southeast Asia is becoming a crucial node in the global supply chain, with a projected GDP growth of 4.8% in 2024 and a 6.8% increase in exports [1] - The Middle East accounts for 5.2% of global GDP and is a major source of energy imports for China, with strong growth in imports of machinery and vehicles [1] Group 2 - China's macroeconomic policies have room for maneuver, with an expected growth target of around 5% for the year [2] - The Guangdong-Hong Kong-Macao Greater Bay Area is experiencing consumption-driven growth, with a projected GDP growth of 4.3% in the second quarter of 2025 [2] - The UAE has a population of 12.5 million, with over 80% being expatriates, indicating a dynamic market environment [3] Group 3 - Key investment sectors in the Middle East include agriculture, digital products in service trade, the used car market, and advanced manufacturing [3] - The global industrial transfer is accelerating, with China’s share of U.S. imports declining while emerging economies like Bangladesh and India are increasing their share [3] - Strategies for China include trade negotiations, encouraging companies to explore overseas markets, and developing service trade to reduce trade deficits [3]

Core Insights - The article highlights the success of Shenzhen-based Jisu Life's handheld fan, which has gained significant popularity in Southeast Asia, particularly through social media platforms like TikTok [1][2]. Company Overview - Jisu Life, founded by Qian Zhiqiang, has achieved remarkable sales growth since its international expansion in 2020, with projected annual sales of 30 million units and revenue exceeding 1 billion yuan in 2024 [2]. - The company has effectively utilized TikTok Shop, achieving sales of 150 million yuan within two years of entering the platform, dominating the handheld fan category in countries like the Philippines, Thailand, and Vietnam [2]. Market Dynamics - The Southeast Asian e-commerce market has seen explosive growth, increasing from $38 billion in 2019 to $159 billion in 2024, representing a growth rate of over 318% [3]. - Despite the rapid growth, the e-commerce penetration rate in Southeast Asia remains low at 11%, indicating substantial future growth potential [3]. Strategic Insights - Jisu Life initially struggled with a low-price strategy but shifted to a high-quality approach after recognizing the local market's demand for premium products [4]. - The company offers a range of high-end products priced between $20 and $90, leveraging advanced technology and user insights to meet consumer needs [4]. - Jisu Life's products are now prominently displayed alongside premium brands like Apple in retail environments, enhancing brand visibility and consumer perception [4]. Industry Trends - The demand for portable fans in Southeast Asia is driven by the region's tropical climate, making them essential consumer goods [2]. - Other Chinese brands, such as GOOJODOQ, are also experiencing success in the Southeast Asian market, with significant sales figures reported [2].

【深圳商报讯】今年以来，中资企业境外IPO势头向好。Dealogic数据显示，上半年中资企业境外IPO累 计完成55单，募资规模合计约134亿美元。按承销规模排名，前十名中介机构共完成30单项目，承销规 模合计约78亿美元。其中，中资机构占得五席，中金公司位居榜首。 今年港股IPO市场大幅升温，释放出强劲吸引力，募资规模时隔6年重回全球首位。Dealogic数据显示， 上半年已有42家企业登陆港交所，融资规模137.03亿美元，已超过2024年全年数据。 A股企业赴港上市潮流持续升温，"A+H"双重上市模式展现出强劲的发展势头。自去年9月至今，已有 10家A股上市公司成功登陆港交所，同时数十家企业正在积极筹备相关事宜。从行业分布来看，新能 源、医药生物与高端制造成为赴港上市的主力军。科创板企业参与度显著提升，和辉光电、峰岹科技等 企业积极推进相关进程。 从港股IPO保荐机构口径看，中金公司作为行业"排头兵"，今年已成功保荐13单，承销规模27.42亿美 元，均排名市场第一。中金公司在三花智控、海天味业、派格生物、元光科技、博雷顿等多单项目的承 销比例均超过70%，优于高盛、摩根士丹利等外资投行。华泰证券的承销 ...

此前不久的6月27日，港股上市啤酒企业华润啤酒发布公告称，侯孝海因有意投入更多时间于个人安排 而决定辞任执行董事及董事会主席。据了解，2016年3月，侯孝海通过"公开竞聘"任职公司总经理，执 掌公司9年，任内主导"白酒+啤酒"双轮战略。2018年，华润以51.6亿元的价格拿下山西汾酒11.45%的股 权，成为汾酒第二大股东。2022年2月，华润成为金种子酒第二大股东。2023年1月，华润啤酒以123亿 元的价格拿下金沙酒业控制权。不过，2024年，金沙酒业营收为21.49亿元，增速仅4%，远远低于年初 制定的40%业绩增长目标。 7月1日晚间，"白酒巨头"洋河股份在公告中表示，董事长张联东离任，原因为"工作调整"，其辞职后不 在公司及控股子公司担任其他职务。 2010年起，洋河股份的营收一直保持白酒行业第3的位置，排在贵州茅台、五粮液之后，被称作"千年老 三"。但"茅五洋"的格局在2024年被改变，这一年洋河股份成为A股白酒上市公司前5强中唯一一家营收 利润双降的企业，从"千年老三"变成"行业老五"。 近日，白酒与啤酒行业高管变动频现，短短几日内三家上市酒企掌门人接连离任，叠加头部企业高管频 繁调整，引发市场 ...

Group 1 - The overall number of IPOs has increased in the first half of the year, but regulatory scrutiny remains strict, with 74 IPOs terminated or withdrawn so far this year [1] - The termination of the IPO for Kaiyuan Securities marks the second broker to withdraw its application since the implementation of the full registration system [1] - Over 20 companies that had previously passed the review have also had their IPOs terminated, indicating a trend of increased regulatory oversight [1] Group 2 - Companies are facing challenges such as the expiration of registration approvals, with Caplin being the first this year to have its IPO process halted due to this issue [2] - The core reasons for the increased scrutiny include stricter regulatory policies, higher review standards, and risks related to litigation and public opinion [2] - Key areas of concern for regulators include the stability of performance, reasonableness of fundraising, authenticity of financial data, changes in equity, and related party transactions [2] Group 3 - Several underwriters have faced severe penalties for violations related to IPO projects, with Guotai Junan receiving a public reprimand for multiple violations in the IPO project of Zhongding Hengsheng [3] - Six underwriters have had their qualifications suspended this year due to inadequate sponsorship of IPO projects [4] - Reasons for the termination of IPO reviews include strategic adjustments by companies, penalties affecting the IPO process, and significant issues raised during the inquiry process [5]