Core Insights - Shandong's consumption market remains active entering winter, driven by initiatives like "trade-in for new" and "foundation building for entities" to enhance high-quality economic development [1] Group 1: Consumption Growth - The "trade-in for new" policy has generated a consumption increment valued at over 100 billion, with subsidies exceeding 20 billion RMB, leading to sales exceeding 170 billion RMB by October 2025 [2] - Daily applications for automobile updates reach nearly 3,000, with 478,000 applications for scrapping and 431,000 for replacement as of October 31 [2] - In the home appliance sector, 10.154 million new appliances were sold through trade-in, averaging 33,000 daily applications, while 5.894 million 3C digital products and 1.144 million electric bicycles were also updated [2] Group 2: Community and Enterprise Engagement - Community initiatives have included over 100 events promoting "trade-in for new," providing one-stop services for residents, including policy interpretation and product displays [2] - Brands like Hitachi, Haier, and SAIC Volkswagen are directly engaging with rural markets, facilitating the entire process of old product evaluation and new product selection [3] - Companies are leveraging the policy to accelerate channel upgrades, with community services being expanded to more rural areas and enterprises [3] Group 3: Economic Performance - Shandong's retail sales reached 30,386.1 billion RMB in the first three quarters, with a year-on-year growth of 5.6%, outperforming the national average by 1.1 percentage points [4] - The innovation of consumption scenarios has been a key factor in driving growth, with new store openings and revitalization of traditional shopping areas attracting consumer interest [4] - The service sector has seen significant growth, with entertainment, public facilities management, and business services reporting revenue increases of 19.4%, 18.9%, and 16.9% respectively [4] Group 4: Brand and Investment Dynamics - Local brands like Haier, Hisense, and Qingdao Beer are leading the market, with Qingdao Beer Museum generating over 250 million RMB in revenue since its opening [5] - External investments are also increasing, with companies like Hema expanding into lower-tier cities and Sam's Club opening new stores in Shandong [5] - The transition of Shandong's economy is shifting from scale expansion to a focus on quality and efficiency, with digital transformation and industry integration becoming core drivers [5]

Core Viewpoint - The company is actively exploring XR technology integration and has developed customized VR all-in-one machines, AR glasses, and AI glasses for multiple clients [1] Group 1: XR Technology Development - The company has implemented several typical solutions in various industry scenarios such as XR industrial training, AR remote collaboration, 3D digital human interaction platforms, and VR medical rehabilitation [1] - The company utilizes self-developed AR/VR devices based on a cloud-edge collaborative technology architecture [1] Group 2: Product Launch and Innovation - The company is set to officially launch the Vidda G11 smart glasses in October 2025 [1] - The company is steadily advancing the iteration of smart wearable products and expanding their application scenarios [1]

Core Viewpoint - Hisense Visual is actively expanding into the smart wearable sector, with plans to launch the Vidda G11 smart glasses by October 2025, and expects to officially start sales by the end of the year [1] Group 1 - The company is focusing on the smart wearable market [1] - The Vidda G11 smart glasses are set to be released in October 2025 [1] - Official sales are anticipated to begin by the end of the year [1]

Group 1 - The core viewpoint of the article is that Hisense Visual is focusing on ecological cooperation in its content layout and is paying attention to opportunities in cutting-edge fields such as AI film production [2] Group 2 - Hisense Visual is actively engaging with investors through interactive platforms to address inquiries [2]

Group 1 - The "Hisense Brilliant Vacuum Refrigerator City Tour" was held in Changchun, showcasing products like the Hisense Brilliant Vacuum First-Class Cabin 650 refrigerator, which integrates vacuum preservation technology with local food culture [1] - The Hisense Brilliant Vacuum First-Class Cabin 650 refrigerator demonstrated its ability to keep beef fresh for 7 days, maintaining a bright red color and rich flavor, thanks to its vacuum magnetic preservation technology [3] - The refrigerator's vacuum marinating function allows for quick flavor infusion, enhancing efficiency by three times compared to traditional methods, catering to the immediate needs of consumers [3] Group 2 - The Hisense Little Durian 500 refrigerator effectively prevents odor mixing, allowing strong-smelling foods like durian to coexist with other items without affecting their taste [5] - The refrigerator utilizes original vacuum ice temperature technology and a dual-circulation independent cooling system to eliminate odor issues, enabling diverse food storage [5] - The Hisense Big Mint 509 refrigerator features rapid ice-making capabilities and a high sterilization rate, making it suitable for family gatherings and winter beverage preparation [5] Group 3 - The Hisense esports refrigerator targets the younger demographic with a modern design and dual-temperature zones, ideal for home entertainment settings [6] - The exhibition highlighted the practical benefits of Hisense refrigerators, emphasizing their ability to enhance everyday life through advanced technology [6] - Consumer feedback during the event reflected satisfaction with the products' performance in preserving food quality and enhancing culinary experiences [6]

Group 1 - The company is continuously expanding its presence in the smart wearable sector [1] - The Vidda G11 smart glasses product was officially launched in October 2025 and is expected to be available for sale by the end of the year [1]

海信视像科技股份有限公司 2025 年第二次临时股东会会议资料 二〇二五年十二月 海信视像科技股份有限公司 2025 年第二次临时股东会会议资料 目 录 | 2025 | 年第二次临时股东会会议须知 | 2 | | --- | --- | --- | | 2025 | 年第二次临时股东会会议议程 | 4 | | 2025 | 年第二次临时股东会会议议案 | 6 | | 关于公司 | 2026 年度日常关联交易额度预计的议案 | 6 | | | 关于公司与海信集团财务有限公司续签金融服务协议暨关联交易的议案 | 23 | | 关于公司 | 年度担保额度预计的议案 2026 | 28 | | 关于公司 | 2026 年度以闲置自有资金进行委托理财的议案 | 36 | 1 海信视像科技股份有限公司 2025 年第二次临时股东会会议资料 海信视像科技股份有限公司 2025 年第二次临时股东会会议须知 为了维护全体股东的合法权利，确保股东会的正常秩序和议事效率，保证 会议的顺利进行，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》《上市公司股东会规则》以及《海信视像科技股份有限公 司章 ...

Core Viewpoint - The company is actively expanding its presence in the smart wearable technology sector, with plans to launch the Vidda G11 smart glasses in October 2025, and anticipates official sales by the end of the year [1] Group 1: Product Launch - The Vidda G11 smart glasses are scheduled for an official release in October 2025 [1] - The company expects the product to be available for purchase by the end of 2025 [1] Group 2: Pricing and Purchase Channels - The pricing and purchasing channels for the Vidda G11 smart glasses will be announced through the company's official news and flagship store [1]

Core Viewpoint - The company is focusing on the demand for display technology in 3A gaming scenarios and has achieved product adaptation through technological innovation [1] Group 1: Product Development - The company has launched the RGB-Mini LED TV E8S Pro, which features 4K 170Hz native high refresh rate and professional-grade color reproduction, catering to gaming user needs [1] - The company has established a global partnership with the game "Black Myth: Wukong" to provide display technology support [1]

Core Viewpoint - The company is actively exploring XR technology integration and has completed custom development of VR all-in-one machines, AR glasses, and AI glasses for multiple clients [1] Group 1: XR Technology Development - The company utilizes self-developed AR/VR devices based on a cloud-edge collaborative technology architecture [1] - Multiple typical solutions have been implemented in various industry scenarios, including XR industrial training, AR remote collaboration, 3D digital human interaction platforms, and VR medical rehabilitation [1] Group 2: Product Launch and Iteration - The company is set to officially launch the Vidda G11 smart glasses in October 2025 [1] - The company is steadily advancing the iteration of smart wearable products and expanding their application scenarios [1]