Core Insights - The 2025 Global Artificial Intelligence Terminal Exhibition and the 6th Shenzhen International Artificial Intelligence Exhibition (GAIE) opened on May 22, 2025, with the theme "Connecting Everything, Starting the Future" and will last for three days [2][4][6]. Industry Overview - The exhibition gathers over 300 companies from 15 countries and regions, showcasing a panoramic feast of "technology + products + scenarios + ecology" for the global industry [2][4][6]. - As the first national exhibition focused on AI terminals, it highlights nine major categories of smart terminals, including AI smartphones, AI PCs, AI tablets, large model integrated machines, AI wearable devices (smart glasses, smartwatches, etc.), AI imaging devices, whole-home smart products, industrial AI terminals, and other new AI terminals [2][4][6]. Product and Technology Showcase - The exhibition features over 1,000 AI terminal products and cutting-edge technologies, creating a comprehensive display matrix of "core technology - terminal products - large model applications" to foster a diverse and prosperous application ecosystem [2][4][6]. - The total exhibition area is 25,000 square meters, covering the entire AI ecosystem chain, including nine categories of smart terminals, chips, computing power, algorithms, and applications [2][4][6]. Key Participants - Major domestic AI leading companies and representatives of AI terminal enterprises, such as Huawei, TCL, ZTE, SenseTime, Honor, Skyworth, Yuntian Lifei, and Alibaba, are present at the exhibition [2][4][6]. - International exhibitors from the United States, Japan, Belgium, Malaysia, Argentina, and other countries are also showcasing their innovations at the event [2][4][6].

Group 1 - The 2025 Global Artificial Intelligence Terminal Exhibition and the 6th Shenzhen International Artificial Intelligence Exhibition will focus on the theme "Connecting All Things to Ignite the Future," featuring over 500 participating companies and more than 50,000 professional attendees [1] - DeepSeek, a platform-level application partner, and KuaiDi100 will showcase their "KuaiDi Cloud GPT. Large Model Application Development Platform" at the event, with a presentation scheduled on May 23 [1] - The event highlights the rise of edge intelligence, with the launch of the first HarmonyOS computer on May 19, showcasing a new multi-device experience [3] Group 2 - KuaiDi100 has collaborated with Huawei to launch the logistics industry's first HarmonyOS native ChatUI commercial application, "Pure Intelligent KuaiDi100," now available in the HarmonyOS application market [3] - The company aims to demonstrate its innovations in intelligent logistics at the exhibition, inviting industry peers to explore new opportunities in the AI sector [3] - KuaiDi100 emphasizes the potential of artificial intelligence to transform the logistics industry, promoting its platforms as gateways to future advancements [3]

Core Insights - The 2025 Shenzhen International Fisheries Expo focuses on high-quality development of the marine economy, showcasing the achievements of Yantian District in marine cultural preservation, smart fisheries innovation, and new consumption scenarios [1] Group 1: Cultural Heritage - The event features a "Non-Heritage New Life" theme, with performances that blend traditional fishing culture with modern art, highlighting the importance of cultural transmission [3] - Families engage in hands-on experiences with traditional fishing crafts, emphasizing the dialogue between past and present [3] - The initiative aligns with national policies on the protection and high-quality development of intangible cultural heritage [3] Group 2: Technological Empowerment - Yantian District is advancing "blue technology" in deep-sea aquaculture and aquatic seed industry, showcasing integrated results of production, education, and research [3] - A marine fisheries science classroom is established to educate youth on marine ecological protection through interactive technology [3] - The goal is to empower the next generation to become advocates for sustainable marine development [3] Group 3: New Consumption Scenarios - The "Yuyueji" market is created to stimulate consumer activity, featuring 17 stalls that offer local seafood, global aquatic products, and cultural creations [3] - A highlight includes a live demonstration of bluefin tuna preparation, allowing attendees to experience the marine economy firsthand [3] Group 4: Policy Alignment - The expo supports the integration of fisheries with culture, technology, and consumption, aligning with Shenzhen's goal of becoming an international consumption center [4] - Yantian District leverages its port advantages and ecological resources to connect with international resources, aiming to build a "fisheries+" industrial ecosystem [4] - The district is committed to exploring innovative integration of marine economy and cultural IP to contribute to Shenzhen's vision of a global marine center [4]

Group 1 - The 2025 Shenzhen International Optical Expo will take place from June 25 to 27, showcasing the integration of AI, AR/VR technologies with the eyewear industry [1] - Global AI smart glasses sales reached 600,000 units in Q1 2025, marking a 216% year-on-year increase, primarily driven by the sales of RayBanMeta smart glasses [1] - The expected total sales of AI smart glasses for 2025 is projected to be 5.5 million units, with new products from brands like Xiaomi, Alibaba, and Samsung anticipated to launch in the latter three quarters of the year [1] Group 2 - Allwinner Technology has developed a pathway from edge to cloud for large model engines, with applications in smart education, home companionship, personal assistants, and AI glasses expected to be launched in 2025 [2] - SuoBeide's products, including antennas, harnesses, and thermal management solutions, are applicable in robotics and AI glasses, with bulk shipments of antenna products to North American customers for AR/VR glasses already underway [2]

Group 1 - The 2025 Shenzhen International Fisheries Expo featured 13 deep-sea fishing companies showcasing large bluefin tuna, attracting significant visitor engagement and participation [1][3] - The event included over 10 live fish-cutting shows, enhancing the interactive experience for attendees [3] - A total of 36 public auction sessions were held, resulting in the sale of 1,900 tons of fish with a transaction value of 60 million yuan [6] Group 2 - The expo attracted exhibitors from 20 countries and regions, highlighting various seafood delicacies such as Russian king crab and Argentine red shrimp [6] - Major domestic companies like Zhongshui Fisheries and Zhonglu Ocean participated, showcasing high-quality products and modern fishing achievements [6] - The event facilitated trade negotiations with a total intended transaction value of 12 billion yuan and actual transaction value nearing 700 million yuan, drawing nearly 100,000 visitors [8] Group 3 - Multiple cooperation agreements were signed, including one between the Guangdong Ocean Fisheries Association and Shenzhen Dachanwan Port Investment Development Co., Ltd., aimed at promoting the Shenzhen International Tuna Trading Center project [7]

Core Insights - The 2025 Shenzhen International Fisheries Expo, themed "Fishing Guangdong Towards the Future," aims to accelerate Shenzhen's development into a "creative modern fisheries capital" and a "global marine center city" by integrating technology, commerce, and culture [1] Group 1: Event Overview - The expo is the largest and most international fisheries event in the Guangdong-Hong Kong-Macao Greater Bay Area, attracting global fisheries elites and cutting-edge achievements [1] - Over 20 countries and regions are represented, showcasing more than 12,000 products across the entire industry chain, including deep-sea fishing, smart aquaculture, and deep processing [3] Group 2: Strategic Collaborations - A series of strategic cooperation agreements were signed during the opening ceremony, including a partnership between the Guangdong Ocean Fisheries Association and Shenzhen Dachanwan Port Investment Development Co., Ltd. to promote the Shenzhen International Tuna Trading Center project [3] - Six industry associations signed agreements with the expo organizers to enhance the event's industry influence and public recognition through resource integration and trade matching [3] Group 3: Technological Innovations - The expo highlights cutting-edge technological achievements in the fisheries sector, including the launch of China's first real-time monitoring device for marine ranches, capable of detecting fish distribution and water quality changes [5] - Specialized activities such as high-end seafood bidding and closed-door meetings attracted over 500 institutions, including major buyers and e-commerce platforms, to facilitate the integration of traditional fisheries with new business models [5] Group 4: Cultural Integration - The expo serves as a platform for the collision of global fisheries innovation ideas, showcasing the modernization of fisheries through intelligent upgrades in deep-sea fishing and ecological construction of marine ranches [7] - Activities such as the "Deep Sea Giant" fish opening ceremony and cultural exhibitions highlight the integration of fisheries with tourism and cultural heritage [5][7]

Group 1 - The 2025 Shenzhen International Fisheries Expo concluded with a total signed and intended transaction amount of 12 billion yuan and a transaction amount of nearly 700 million yuan, attracting nearly 100,000 visitors [1] - The expo featured 8 specialized exhibition areas and attracted nearly 200 enterprises from over 20 countries and regions, showcasing more than 12,000 products [1] - The event highlighted the participation of 13 leading deep-sea enterprises, including a focus on bluefin tuna, which became a centerpiece of the expo with immersive experiences showcasing deep-sea fishery resources [1] Group 2 - The expo facilitated the signing of a 1.5 billion yuan annual procurement agreement between major buyers and quality exhibitors, establishing a solid foundation for industry cooperation [1] - A high-end seafood auction generated a total transaction amount of 88.62 million yuan, demonstrating Shenzhen's vibrant role as a hub for the South China fishery market [1] - The expo included 123 efficient business matching activities covering various channels across the entire industry chain, including hotel catering, private domain e-commerce, and international ingredients [1] Group 3 - The Shenzhen Fisheries Expo is part of the city's efforts to build a modern fishery metropolis and a global marine center, aiming to expand its influence and create a world-class flagship fisheries event [2] - The expo serves as a lever to unlock unlimited possibilities in the marine economy, linking the Bay Area with global markets [2]

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The shipping industry is experiencing a surge in demand due to a recent temporary reduction in tariffs between China and the US, leading to a significant increase in shipping volumes on the US route. The average booking volume surged by 277% compared to the previous week [5] - The Shanghai Export Container Freight Index (SCFI) rose by 10.0% week-on-week, indicating a strong recovery in shipping rates, particularly for routes to the US [6] - The logistics sector is showing resilience, with express delivery volumes in April increasing by 19.1% year-on-year, reflecting robust demand across various sectors [9] - The airline industry is expected to benefit from macroeconomic recovery, with a long-term supply-demand imbalance favoring growth in the sector [12] Summary by Sections Shipping Vessels - The recent tariff reductions have led to a surge in demand for shipping services, particularly on the US route, with a projected increase in freight rates over the next 2-3 months due to supply constraints [5] - The average weekly capacity for the US route is expected to be 500,000 TEU, down 6% from last year [5] - The oil tanker market is facing supply tightness due to limited new orders and an aging fleet, which is expected to sustain high demand in the coming years [12] Express Logistics - In April, the express delivery industry in China saw a business volume of 16.32 billion pieces, a year-on-year increase of 19.1%, with revenue reaching 121.28 billion yuan, up 10.8% [9] - The concentration index for express delivery brands (CR8) was 86.7, indicating a stable competitive landscape [9] Aviation and Airports - The airline industry is poised for growth due to low supply growth and recovering demand, with key companies to watch including China Southern Airlines and Air China [12] - The passenger transport volume in March was approximately 59 million, reflecting a year-on-year increase of 3.5% [50] Overall Market Performance - From May 12 to May 16, the transportation index rose by 2.12%, outperforming the Shanghai Composite Index [17] - The shipping sector saw the highest increase at 7.42%, indicating strong market performance [17]

Group 1 - The 2025 Shenzhen International Fisheries Expo showcases over 12,000 seafood products from 20 countries and regions, highlighting the diverse seafood demand in the Greater Bay Area [1] - A notable attraction at the expo is an 800-pound bluefin tuna, with chefs demonstrating their skills by cutting fresh fish for attendees to taste [1] - The event features participation from 13 deep-sea enterprises, including Zhongshui Fisheries and Liancheng Fisheries, hosting over 10 fish-cutting shows within three days [1] Group 2 - The expo serves as a platform for innovative technologies in the fishing industry, displaying advancements in big data, IoT, and AI, which enhance production capabilities [2] - A special public welfare exhibition promotes marine ecological protection, featuring whale specimens and exhibits on aquatic wildlife conservation [2] - Since its inception in 2023, the Shenzhen Fisheries Expo has focused on high-end seafood circulation and technology transformation, aiming to establish a comprehensive trading platform for the Greater Bay Area over the next three to five years [2]

Group 1 - The 17th Shenzhen International Battery Technology Exchange Conference (CIBF2025) opened with over 3,200 global companies participating, covering an exhibition area of nearly 300,000 square meters, and is expected to attract over 400,000 professional visitors during the three-day event [1] - The conference focuses on trends such as solid-state batteries, fast charging, green manufacturing, and international standards, emphasizing the competition in the battery industry based on digital intelligence and closed-loop ecosystems [1][3] - Companies like CATL, BYD, and others showcased innovations in energy storage, cell manufacturing, and recycling, with a particular emphasis on high-nickel cathodes and molecular-level material innovations [1] Group 2 - Solid-state batteries emerged as a hot topic, with a report from CITIC Securities predicting global solid-state battery shipments to reach 642.6 GWh by 2030, with a compound annual growth rate exceeding 130% [2] - Hive Energy's CEO highlighted that solid-state batteries and ultra-fast charging are the future directions of battery technology, with the stacking process being the optimal path for mass production [2] - Hive Energy plans to introduce "end fast charging" technology in its mass-produced fast-charging batteries this year, optimizing charging time significantly compared to industry standards [2] Group 3 - The conference also featured over 200 thematic speeches and high-end forums, with reports such as the "Lithium-Ion Battery Industry Blue Book 2024" being released, focusing on emerging topics like energy storage and AI applications [3] - The chairman of the CIBF organizing committee stated that the transition from scale expansion to quality improvement is a critical turning point for China's new energy sector [3] - In the first quarter of 2025, China's newly installed renewable energy capacity reached 76.75 million kilowatts, a year-on-year increase of 21%, indicating the battery industry's role in supporting structural changes [3]