Core Insights - The 2025 Dasha River International Dragon Boat Invitational marks a significant upgrade to an international event, showcasing the integration of traditional culture and modern consumption, while highlighting the economic vitality of the Nanshan region [1] - The event serves as a platform for cultural tourism, with over 600 participants from the Guangdong-Hong Kong-Macao Greater Bay Area and international teams, emphasizing the blend of speed, tradition, and community engagement [1][2] - The transformation of Dasha River into one of Guangdong's top ten beautiful rivers illustrates the potential for ecological development to drive tourism and commercial activities [1][3] Group 1 - The Dasha River International Dragon Boat Invitational features 24 dragon boats competing in a 500-meter race, attracting significant local and international participation [1] - The event is complemented by cultural activities, including traditional crafts and food stalls, enhancing the festive atmosphere and community involvement [1][2] - Nanshan's strategy of activating cultural tourism through ecological and technological integration is evident, with the river serving as a key economic driver [1][3] Group 2 - The "Zongxia Yiqi Wan" initiative includes over 20 workshops that transform traditional customs into experiential activities, appealing to younger audiences [2] - The integration of traditional crafts with modern design, such as bamboo weaving and herbal sachets, reflects a trend towards sustainable and culturally rich consumer products [2] - The use of technology in cultural events, such as drone shows and interactive experiences, signifies a shift towards immersive tourism that engages visitors in new ways [3]

Core Viewpoint - The control of Xizang Yiming Xiya Pharmaceutical Technology Co., Ltd. is set to change as the controlling shareholder Gao Fan signs a share transfer agreement with Beijing Fuhai, transferring 43,855,883 shares, representing 23% of the company's total shares, at a price of 15.10 yuan per share, totaling 662.22 million yuan [1][2]. Share Transfer Details - The share transfer involves Gao Fan transferring 43,855,883 circulating shares, which constitutes 23% of the total shares of the company (190,677,750 shares) to Beijing Fuhai at a price of 15.10 yuan per share, amounting to a total of 662,223,833 yuan [2]. - The share transfer price is based on the company's financial statements as of April 30, 2025, and considers the company's industry performance and future development prospects [2]. Rights and Obligations Post-Transfer - Upon completion of the transfer, the acquirer will enjoy the rights and obligations of a shareholder as stipulated by Chinese laws and the company's articles of association [3]. - The company reported a cumulative undistributed profit of 355,542,076.29 yuan as of the end of the first quarter of 2025, which will be shared among all shareholders according to their shareholding ratio [3]. Stock Resumption - The company's stock (trading name: Yiming Pharmaceutical, stock code: 002826) will resume trading on June 4, 2025 [4]. Company Performance Overview - Yiming Pharmaceutical has experienced significant fluctuations in net profit, with a decline of over 60% in 2023, followed by a recovery in 2024, and a further decrease in the first quarter of 2025 [5]. - The company's net profits from 2022 to 2024 were recorded at 44 million yuan, 15 million yuan, and 46 million yuan respectively [5]. - In the first quarter of 2025, the company reported operating revenue of 149 million yuan, a year-on-year decrease of 7.41%, and a net profit attributable to the parent company of 18.79 million yuan, down 32.64% year-on-year [5].

Group 1 - The Hong Kong stock market has seen strong trading activity this year, with southbound capital actively entering the market despite adjustments, leading to a recovery in the Hang Seng Index, which has risen 17.21% year-to-date as of June 3 [1] - Public funds are launching Hong Kong stock ETFs, with significant inflows into innovative drug ETFs, technology ETFs, and dividend ETFs, indicating a strong interest from investors [2] - Analysts suggest that the current market environment favors a structural "barbell strategy," with technology and dividend sectors expected to contribute to excess returns in a rotating manner [3] Group 2 - The number of shares in various Hong Kong stock ETFs has surged, with the ICBC Innovative Drug ETF increasing from under 1.3 billion shares to nearly 3.7 billion shares, a growth of 192% [2] - The market quality of Hong Kong stocks is expected to improve as high-competitiveness technology giants are listed, and policies encourage quality companies to list in Hong Kong [3] - Analysts recommend focusing on leading stocks in cloud computing, new consumption, and pharmaceuticals, as well as opportunities in newly listed companies, which have shown impressive performance [3]

Core Viewpoint - The implementation of the "Regulations on Promoting High-Quality Development of the Marine Economy in Guangdong Province" will begin on July 1, aiming to enhance the competitiveness of the marine industry in Guangdong [1][2]. Group 1: Regulatory Framework - The new regulations will support innovative explorations in market access and other areas for Qianhai and Hetao in the marine sector [1]. - The regulations outline specific development measures for key marine industries in Guangdong, leveraging the province's advantages and focusing on priority development areas [1]. Group 2: Collaboration and Innovation - The regulations emphasize deepening cooperation with Hong Kong and Macau in marine industry development, technological innovation, and ecological protection [1]. - There will be support for innovative explorations in market access, property rights protection, and talent introduction in marine sectors in Hengqin, Qianhai, Nansha, and Hetao [1]. Group 3: Economic Development Strategy - The provincial government aims to accelerate the development of emerging marine manufacturing industries while transforming and upgrading traditional industries [1]. - The "golden inner bay" will be high-level planned to provide spatial support for the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area [2]. Group 4: Carbon Trading Initiatives - The provincial natural resources department will promote the carbon trading model of mangrove forests in Shenzhen and Huizhou, facilitating market participation for eligible carbon sink projects [2].

Group 1 - The core viewpoint of the article highlights the significant growth in Shenzhen's tourism during the recent Dragon Boat Festival holiday, with a total of 4.16 million visitors and a revenue of 2.29 billion yuan, marking a year-on-year increase of 20.3% and 21.8% respectively [1] - Shenzhen ranked among the top ten popular domestic tourist destinations and inbound travel destinations, as well as seventh in domestic family travel destinations [1] - The tourism performance during previous holidays, such as Qingming and May Day, also showed substantial growth, with visitor numbers increasing by 9.8% and 36.3%, and revenue growth of 11.4% and 40.8% respectively [1][2] Group 2 - The article emphasizes the importance of promoting service consumption, particularly in tourism, as it has greater growth potential compared to physical goods consumption, which tends to hit a ceiling [2] - Shenzhen is encouraged to explore ways to boost service consumption during non-holiday periods, drawing inspiration from successful local events like the "Su Chao" football league, which has engaged the community and increased attendance [2] - The city aims to become an internationally renowned sports city, with various high-profile sports events contributing to consumer activity and the need for both high-end and community-oriented sports events [2][3] Group 3 - International experience suggests that service consumption tends to grow rapidly once per capita income exceeds $10,000, and many cities in and around Shenzhen have reached this income level [3] - Collaborating with cities in the Greater Bay Area to enhance daily service consumption is seen as a viable strategy [3] - The combination of consistent daily consumption and spikes during holidays can significantly contribute to Shenzhen's overall consumption growth and enhance the quality of its economic development [3]

Core Viewpoint - Shenzhen is advancing its digital trade with a new implementation plan aimed at enhancing the international competitiveness of its service and digital trade sectors by 2030 and 2035 [1][3]. Group 1: Implementation Plan Overview - The implementation plan outlines a goal for the proportion of digitally deliverable service trade to reach over 50% of the total service trade by 2030 and 55% by 2035 [1]. - It includes 20 measures across four main areas: promoting efficient flow of trade resources, innovating digital trade, enhancing service trade, and improving support systems [1][2]. Group 2: Promoting Efficient Resource Flow - The plan focuses on implementing a "negative list" system for cross-border data flow in pilot areas like Qianhai and He Tao, and establishing a green channel for eligible foreign-invested enterprises [1][2]. - It aims to enhance the cross-border flow of resources, including data, technology, capital, and talent, to create a favorable ecosystem for service trade [3]. Group 3: Innovation in Digital Trade - The plan emphasizes leveraging Shenzhen's strengths in technology and software industries to expand value-added telecommunications services and enhance digital service trade [2]. - It aims to attract foreign investment in internet data centers and digital creative industry parks, and to promote digital cultural product exhibitions [2][3]. Group 4: Enhancing Service Trade - The plan seeks to align with advanced international trade centers, enhancing traditional service trade while developing significant advantages in international transportation, specialized services, and international finance [2][3]. - It encourages the integration of service trade with goods trade, high-end manufacturing, and offshore trade to adapt to global supply chain trends [2]. Group 5: Current Trends and Future Outlook - Shenzhen's service trade has shown a positive trend with increasing volume and quality, supported by the growth of knowledge-intensive services and the international competitiveness of companies like Huawei, ZTE, and Tencent [3]. - The projected service trade import and export total for 2024 is expected to exceed $140 billion, marking a historical high [3].

技术创新不仅为无人机飞行表演注入了新动能，也为全球市场打开了更多想象空间。近期，大漠大 （DAMODA）美国首秀盛大开启，千架无人机点亮圣地亚哥夜空，标志着DAMODA正式进军北美市 场，并同步启动"北美合作伙伴计划"。目前，大漠大智控的海外战略在加速推进，已进入日本、韩国、 新加坡、澳大利亚等50多个国家和地区，海外营收占整体业务的30%。 夜空为幕布，科技为画笔。近年来，每逢重要节点，深圳的无人机集群表演，以其震撼的视觉效果和创 新的艺术表达，牢牢吸引了游客和深圳市民的目光。其中，深圳大漠大智控技术有限公司已成为无人机 集群表演领域的龙头企业，累计全球执飞超2000万架次，完成10000余场表演，以10197架无人机同时升 空创造了两项吉尼斯世界纪录。 技术首创背后的"安全密码" 2019年至2025年，大漠大无人机连续6次登上央视春晚舞台，用变幻的光影为全球华人献上科技年味； 2024年9月26日，大漠大以10197架无人机同时升空一举打破两项吉尼斯世界纪录；2025年4月，"魅力重 庆"全球最大规模常态化无人机驻场表演正式开启，数千架无人机每月以30余幅创意画面演绎巴渝文 化，仅"五一"假期就吸引现场 ...

Market Performance - A-shares experienced a positive trading day with major indices rising, including the Shanghai Composite Index up 0.43% to 3361.98 points, the Shenzhen Component Index up 0.16% to 10057.17 points, and the ChiNext Index up 0.48% to 2002.7 points, with a total market turnover of 1164 billion yuan [1][3] June Market Outlook - Analysts predict that the A-share market will continue to show an upward trend in June, driven by ongoing economic recovery, supportive domestic policies, and regulatory assurances for the market [1][2] - The chief economist at China Aviation Securities suggests that while global financial markets may remain volatile, China's assets could become a safe haven for global capital due to lower overall volatility [1] Sector Opportunities - The chief A-share strategist at CITIC Securities anticipates a bull market for Chinese equity assets over the next year, particularly from Q4 2025, as major economies synchronize in economic and policy cycles [2] - Analysts from Dongwu Securities and Zheshang Securities highlight potential opportunities in technology growth, domestic consumption, mergers and acquisitions, innovative pharmaceuticals, and military industries, with a focus on switching investments to sectors that have seen less rebound [2]

【深圳商报讯】（记者罗凯燕通讯员曾银娟郑媛琪文/图）听说过用GPS导航开车，但用"GPS"导航做手 术，你听说过吗？近日，深圳市龙华区人民医院成功完成全市首例"电磁导航支气管镜联合冷冻消融 术"，为一名肺功能差、无法耐受传统手术的患者实施精准微创治疗，成功"冻死"肺部肿瘤。 这到底怎么做到的？里面有哪些"黑科技"？龙华区人民医院呼吸内科沈观乐主任介绍："电磁导航支气 管镜联合冷冻消融术"结合了精准导航与超低温消融技术，像给医生装上了"透视眼+GPS"，通过电磁定 位系统，实时规划路径，指引超细导管在支气管内"自动驾驶"，直达传统支气管镜看不到的外周病变。 而后经自然腔道（支气管）进入，避免经皮穿刺导致的气胸、出血等风险。术中，通过活检明确肿瘤性 质，随即用-150℃超低温冷冻消融，瞬间让肿瘤细胞"冰晶化坏死"。术后，CT显示，消融范围完全覆盖 肿瘤病灶，实现精准打击。 "电磁导航冷冻消融是肺部微创介入的'天花板'技术。"沈观乐主任表示，该手术以"GPS"精准定位，毫 米级误差直捣病灶，同时避免了热消融的碳化风险，出血、气胸发生率极低，具有微创舒适、安全高 效、适用广泛等优势，为无法手术的早期肺癌患者提供了新选 ...

Core Viewpoint - Longgang has established itself as a global leader in the naked-eye 3D LED display industry, supported by a robust industrial cluster, strong government policies, and effective commercialization capabilities [1][6]. Group 1: Industry Overview - Longgang is home to the largest LED industry cluster in China, featuring companies like Yingtian Technology, Absen, and Bandu Technology, which together create a complete industrial chain from packaging to solutions [1]. - The naked-eye 3D display technology developed by Longgang companies is being utilized by major firms such as Tencent, BOE, Lenovo, and Huawei in various applications [2][3]. Group 2: Technological Advancements - Yingtian Technology has achieved significant advancements in naked-eye 3D display technology, with its key product, a controllable 2D/3D switchable liquid crystal lens screen, entering production in 2023 [2]. - Bandu Technology's innovations include ultra-high-definition air suspension displays and immersive 3D screens, which are applicable in diverse fields such as digital experience, cultural heritage, and urban governance [4][5]. Group 3: Market Performance - Absen has sold over 2 million outdoor display screens globally, with its products recognized for their energy efficiency, saving up to 144,000 RMB in electricity costs over five years for a 300 square meter screen [3]. - The company has maintained the top position in exports among Chinese LED display manufacturers for 12 consecutive years, establishing a comprehensive global sales and service network [3]. Group 4: Government Support - The rapid development of the naked-eye 3D LED display industry in Longgang is significantly supported by local government initiatives, including funding for research and development and various subsidies for high-tech enterprises [6]. - Longgang's supportive business environment includes streamlined services and efficient complaint handling, enhancing the operational efficiency for technology companies [6].