Core Insights - The core update of "Qiancheng AI Super Store Manager" by Huitongda Network includes the launch of 9 Agent assistants, enhancing various operational scenarios from product procurement to community promotion and conversion [1][4] Group 1: AI Assistant Features - The newly launched 9 Agent assistants facilitate tasks such as intelligent product recommendations, promotional activity creation, and multimedia content generation through voice commands [4][5] - The "AI Designer" allows store owners to create promotional posters with a single command, streamlining marketing efforts [2][4] Group 2: Strategic Implementation - Huitongda's "AI + SaaS" strategy is being effectively implemented, with a focus on optimizing services and product functionalities for member stores [1][5] - The upcoming "Analysis Agents" aim to leverage data insights to guide store owners in operational strategies and promotional activities, enhancing customer conversion and retention [5] Group 3: Data Utilization - The integration of self-developed industry models with mainstream models like Alibaba Tongyi and DeepSeek allows for personalized and precise responses from the Agent assistants, improving their effectiveness over time [5]

Core Viewpoint - The consumer concept stocks have shown remarkable performance since the beginning of the year, becoming a core driving force for market recovery, with significant gains in both Hong Kong and A-share markets by June [1] Group 1: Company Overview - HuTongDa Network (09878) is highlighted as a key stock for investors to track, combining multiple popular concepts such as lower-tier markets, consumption, and AI, with a solid and high-growth fundamental outlook [1] - The company announced a share repurchase plan to buy back up to 10% of its issued H shares, totaling no more than 18.03 million shares and not exceeding 500 million RMB, signaling strong confidence from the management in the company's long-term strategy [1][2] Group 2: Market Dynamics - The implementation of the repurchase plan is expected to create a virtuous cycle by reducing the number of circulating shares, thereby increasing earnings per share and signaling undervaluation to attract long-term capital [2] - The consumer sector is currently experiencing a resurgence, supported by easing US-China trade tensions and domestic macro policies aimed at boosting consumption, which enhances the investment value of the sector [2] Group 3: Strategic Developments - Since 2025, HuTongDa Network has made significant progress in its "AI+ strategy," including the integration of mainstream large models and the launch of proprietary AI products, marking a recognition of its technological capabilities [3] - The company aims to continue its efforts in three main areas: "AI+ industrial platform," "AI+ SaaS," and "AI+ smart terminals," optimizing supply chain efficiency and innovating business models to enhance its value in expanding domestic demand [3] - Despite the recent upward trend in stock price since May, the company's shares remain at historically low levels, indicating potential for further appreciation as the consumer sector enters a bullish phase [3]

Group 1 - The company announced a share repurchase plan with a maximum amount of RMB 500 million, intending to buy back up to 10% of its issued H shares, which equates to 18,026,633 shares, reflecting management's confidence in the company's future prospects and long-term investment value [1] - The company is a leading industrial internet platform in China that empowers rural family stores through digital technology and supply chain capabilities, focusing on the "AI+ strategy" to enhance its operations [1] - The company aims to deepen its efforts in three main areas: "AI+ industrial platform," "AI+ SaaS," and "AI+ smart terminals," to achieve a digital upgrade across the entire supply chain from factories to member stores [1] Group 2 - In February, the company was the first in the industry to integrate mainstream large models like DeepSeek and launched "AI employees" [2] - In April, the company officially released its AI+ strategy and product matrix, including the self-developed "Qiancheng Cloud AI Smart Model" and "Qiancheng AI Super Store Manager" app [2] - The new version of the "Qiancheng AI Super Store Manager" was released on June 5, enhancing AI capabilities and supporting conversational interactions for more efficient store management [2]

Core Insights - The company is enhancing its retail operations through the introduction of smart delivery lockers in its mobile digital member stores, improving delivery efficiency and customer satisfaction [1] - The implementation of AI tools, such as the "Qiancheng Cloud AI Intelligent Model," is streamlining inventory management and marketing strategies for member store owners, significantly increasing operational efficiency [3] - The company is deepening partnerships with leading brands like Apple and Oulin, resulting in increased customer traffic and sales during promotional events, with a notable 20% increase in store repurchase rates compared to the previous year [4] Group 1: AI Integration - The company launched the "Qiancheng Cloud AI Intelligent Model" in April, which has been actively utilized in various operational aspects, including intelligent product selection and marketing [3] - Member store owners are now using AI as a daily operational tool, allowing for streamlined ordering processes based on specific requirements [3] - The average service volume for member stores has exceeded 2000 interactions per day since the AI model's release [3] Group 2: Supply Chain and Partnerships - The company is enhancing its supply chain by collaborating with top brands, which has positively impacted customer engagement and sales performance [4] - The integration of online, offline, and community-based strategies has led to significant improvements in customer traffic and sales during major promotional events [4] - The company plans to deploy over 10,000 member stores across 15 key provinces, focusing on smart home products and promotional activities [4]

Group 1 - The company has integrated mainstream large models like DeepSeek and launched "AI employees" in February, marking a significant step in its AI+ strategy [1] - In April, the company officially released its AI+ strategy and product matrix, including the self-developed "Qiancheng Cloud AI Smart Model" and "Qiancheng AI Super Store Manager" APP [1] - The company aims to enhance efficiency in the supply chain and industry chain through its platform, targeting the lower-tier markets to facilitate better management for member stores [1] Group 2 - The newly revamped "Qiancheng AI Super Store Manager" APP integrates over 15 intelligent agents, with an upcoming version set to launch in June featuring a "Qiancheng AI" super entry [2] - The app is designed to help store owners utilize AI functionalities with zero barriers, thereby improving operational efficiency [2] Group 3 - The company's AI+ strategy will focus on three main directions: "AI+ industrial platform," "AI+ SaaS," and "AI+ smart terminals," aiming for a comprehensive digital upgrade from factories to member stores [4] - This strategy is expected to activate vast transaction data assets in lower-tier markets and promote innovative supply chain models to enhance domestic demand and economic circulation [4]

Core Viewpoint - The company HuTongDa Network (09878) is experiencing significant growth driven by its self-owned brand strategy and the launch of its energy-efficient air conditioning products under the brand "AltiSha" [1][2] Group 1: Company Performance - HuTongDa's stock price increased by 4.45%, reaching 18.3 HKD with a trading volume of 37.49 million HKD [1] - The AltiSha brand's new product line, the Fengshen series of energy-saving air conditioners, has seen a sales surge, particularly during the 618 e-commerce promotion, with order volume increasing by over 100% year-on-year [1] Group 2: Product and Market Strategy - The Fengshen series air conditioners exceed national energy efficiency standards by over 15%, catering to consumer demand for energy-saving appliances [1] - The AltiSha brand has achieved over 10,000 overseas orders, marking a breakthrough in international markets, with plans to expand into Eastern Europe and Middle Eastern countries [2] - The rapid growth of AltiSha in both domestic and international markets aligns with HuTongDa's "one main, two auxiliary" strategy, focusing on lower-tier market services and cross-border e-commerce [2]

Core Insights - 汇通达网络 received the "Sustainable Impact Pioneer Award" at the "Sustainable Value Hong Kong Summit" held on May 9, recognizing its commitment to sustainable practices and digital empowerment in rural markets [1][2] Group 1: Environmental Initiatives - The company focuses on optimizing supply chain efficiency and collaborates with partners to fulfill environmental responsibilities, implementing the "Three Major Supply Chain Projects" this year [1] - 汇通达 adopts a b2F reverse supply chain model to enhance supply-demand matching efficiency and reduce production capacity waste [1] Group 2: Social Responsibility - 汇通达 has pioneered the "platform + member store" business model, serving nearly 250,000 rural family stores and conducting extensive training programs to help over 100,000 stores achieve digital transformation [1] - The company aligns its efforts with national policies aimed at promoting consumption and expanding domestic demand [1] Group 3: Governance and Strategy - 汇通达 has established a sustainable development committee to enhance its ESG governance framework and integrate ESG strategies into its overall business strategy [1] - The company aims to drive high-quality and sustainable development for itself and its stakeholders [1][2] Group 4: Future Directions - With the widespread application of AI technology, 汇通达 plans to innovate its service models and technology applications to create greater value for rural family stores and industry partners [2] - The company's mission is to improve the lives of farmers while building a more intelligent and sustainable platform infrastructure for urban-rural circulation [2]

Group 1 - The 25th China Retail Industry Expo (2025 CHINASHOP) will be held in Shenzhen from May 8 to May 10, 2025, showcasing the "Qiancheng AI Super Store Manager" software and hardware products by Huitongda Network [1] - Huitongda's Vice President and CEO of Huitong Data, Sun Chao, stated that the company is upgrading its products and services from SaaS+ to AI+ to enhance efficiency across the supply chain [1] - The "Qiancheng AI Super Store Manager" features over 15 AI Agent assistants designed to improve daily management in retail stores across eight operational scenarios, including product management and marketing content creation [1] Group 2 - Huitong Data's products are applicable not only to rural family stores within its system but also to retail stores in higher-tier markets [2] - The company aims to leverage its accumulated technology, operations, and service capabilities in the retail market to create a more diverse and open smart supply chain platform [2] - This initiative is intended to provide a richer selection of products and more efficient supply-demand matching, contributing to stimulating domestic demand and boosting consumption [2]

Core Viewpoint - Huitongda Network (09878) emphasizes its commitment to integrating ESG principles into its operations while driving rural revitalization and urban-rural integration in China, leveraging digital technology and supply chain capabilities to empower township businesses [1][2]. Environmental Aspects - The company is enhancing the use of clean energy and reducing carbon emission intensity to support climate action goals. It is also implementing sustainable supply chain management in collaboration with upstream and downstream partners, improving supply-demand matching efficiency and reducing capacity and related losses through innovative supply chain models [1]. Social Responsibility - Huitongda Network serves 248,000 township businesses nationwide, providing extensive free training to support rural prosperity and development. The company has transformed over 100,000 township stores into AI-enabled smart stores, aligning with national strategies for consumption promotion and rural technology integration, while also supporting UN sustainable development goals such as poverty alleviation and gender equality [2]. Governance - The company has established a sustainable development (ESG) committee to enhance its ESG governance framework. Huitongda Network aims to deepen its ESG strategy by integrating sustainable development concepts into strategic decision-making and business operations, collaborating with stakeholders for a better future [2]. Recognition - Recently, Huitongda Network received several accolades in the ESG field, including the "ESG100 Green Development Award - Annual Outstanding Value Award" and "Annual Excellent ESG Demonstration Enterprise," reflecting its commitment to sustainable high-quality development [2].

Core Viewpoint - Huitongda Network (9878.HK) has released its 2024 ESG report, highlighting its clear development path and significant value space driven by AI+SaaS, smart supply chain, and corporate social responsibility [1] Group 1: Technology and Supply Chain Upgrades - The company is focusing on upgrading its technology and supply chain starting in 2024, with significant advancements expected [1] - In the technology dimension, Huitongda is transitioning from SaaS to AI+SaaS, launching three major projects: "AI+ Industry Platform," "AI+SaaS Services," and "AI+Smart Terminal" [1] - Over 50 AI Agents have been deployed in its supply chain and retail applications to enhance the intelligence and efficiency of the entire circulation process [1] Group 2: Commitment to Social Responsibility - Huitongda is increasingly emphasizing its corporate responsibility under the themes of "rural revitalization," "urban-rural integration," and "domestic economic circulation" [2] - The company has launched initiatives such as the "Foreign Trade Quality Products Online" section and the "National Subsidy" section to connect policies with platform resources for rural retail stores and businesses transitioning from foreign trade to domestic sales [2] - The ESG report indicates that Huitongda will integrate sustainable development concepts into its strategic decision-making and business operations, aiming to build a high-speed circulation channel between urban and rural areas [2]