Core Viewpoint - Wankey Technology and Huawei Terminal have signed a comprehensive cooperation agreement to jointly build the HarmonyOS ecosystem, enhancing the digital creative capabilities and user experience on HarmonyOS platforms [1][2]. Group 1: Cooperation Agreement - The agreement focuses on developing applications and services based on OpenHarmony to promote the mobile open ecosystem of HarmonyOS [2]. - Wankey Technology will adapt its applications, including Wankey Miao Ying, Wankey PDF, Wankey MindMaster, and Wankey Diagram, to the HarmonyOS system in phases [2]. - Both companies will explore deep cooperation in AI, including large model integration, NPU adaptation, and collaboration with Xiao Yi AI [2]. Group 2: Previous Collaborations - Wankey Technology has been increasing its collaboration with Huawei, signing a deepened cooperation agreement in August 2023 to focus on technology innovation and commercial cooperation [3]. - In June 2024, Wankey MindMaster and Wankey Diagram completed their adaptation to the "pure" HarmonyOS system [3]. - By November 2024, Wankey Diagram launched a native HarmonyOS version for desktop and tablet [3]. Group 3: Event Highlights - At the Huawei Developer Conference 2025, Wankey Technology shared its innovative practices and achievements in integrating digital creative software with the Harmony ecosystem [5]. - Wankey Technology's products received the Harmony Office Excellence Experience Award from Huawei Terminal [5][7]. Group 4: HarmonyOS Ecosystem - As of June 2025, the HarmonyOS ecosystem has surpassed 1 billion devices, covering various smart terminals including smartphones, tablets, and computers [6]. - Huawei Terminal is recognized as a leading provider of smart terminals, aiming to create a comprehensive smart life experience [6]. - Wankey Technology plans to maintain high-density collaboration with Huawei to leverage its strengths in AI applications and digital creative scenarios [6].

Group 1 - Huawei Developer Conference (HDC 2025) will be held from June 20 to 22 in Dongguan, Guangdong, attracting global developers to discuss cutting-edge technologies in the smart era [2] - The conference is a significant event in the tech industry, serving as a platform for technology showcase and a step towards building Huawei's independent ecosystem [2] - Notable companies like Wankang Technology and Guangzhou Automobile Group will present their AI practices, generating high market expectations [2] Group 2 - In April 2025, Wankang Technology signed a strategic cooperation agreement with Huawei Cloud, marking the first domestic collaboration on audio and video large models [3] - The partnership aims to optimize Wankang's "Tianmu" model, focusing on audio and video capabilities and establishing a joint AI laboratory for deep applications in digital creative scenarios [3] - Wankang Technology has launched the first domestic audio and video multimedia large model "Tianmu" in 2024, based on 1.5 billion user behaviors and 10 billion high-quality localized audio and video data [3]

Core Viewpoint - The Huawei Developer Conference (HDC 2025) will take place from June 20-22 in Dongguan, attracting over 10,000 developers globally to discuss cutting-edge technologies in the era of intelligence [1]. Group 1: Event Overview - HDC is regarded as a significant event in the global tech community, serving as a platform for technology showcase and a crucial step for Huawei in building its independent ecosystem [1]. - The conference will feature a diverse range of activities, including keynote speeches, high-level forums, specialized forums, open talks, interactive experiences, and hundreds of developer-focused events [5]. Group 2: AI and Industry Participation - The high-level forum on June 22 will include industry leaders such as Huawei, Wanjun Technology, GAC Group, and Shenzhen Stock Exchange, sharing AI practices and exploring how AI capabilities can drive productivity [5]. - Wanjun Technology, a strategic partner of Huawei Cloud, will present its latest AI developments at the conference, highlighting its AI layout as a key focus [5]. - In April 2025, Wanjun Technology signed a strategic cooperation agreement with Huawei Cloud, marking the first domestic collaboration on audio and video vertical models and general models [5]. Group 3: Wanjun Technology's AI Model - Wanjun Technology has proactively targeted the audio and video "smart creation" sector, launching the first domestic multimedia model, "Tianmu," in 2024 [6]. - The "Tianmu" model is based on 1.5 billion user behaviors and billions of localized high-quality audio and video data, offering nearly 100 atomic capabilities such as AI digital humans, AI translation, and video stylization [6]. - The model supports multiple languages and has been commercially deployed in various industries, including short dramas, film, e-commerce, and finance [6].

Industry Rating - The industry rating is maintained at "Outperform" [1] Core Insights - The report suggests that the years 2025-2026 are expected to mark the commercialization of AI Agents, driven by advancements in large model capabilities and the introduction of key players like OpenAI, Anthropic, Microsoft, and Google [2][3] - The total addressable market (TAM) for AI Agents is estimated at approximately 3.61 trillion yuan, with significant opportunities in vertical industries such as IT and finance [2][3] - AI Agents are projected to replace specific standardized roles in various sectors, with a focus on enhancing productivity and ROI for businesses [3][48] Summary by Sections Investment Rating - The report maintains a rating of "Outperform" for the industry [1] Market Potential - The total addressable market (TAM) for AI Agents is estimated at 3.61 trillion yuan, calculated based on total salary levels, replacement rates, and efficiency optimization [50][54] - The report highlights six core scenarios where AI Agents are expected to penetrate first, including coding, banking, human resources, legal, cybersecurity, and customer service [61][62] Key Industry Insights - AI Agents are anticipated to significantly impact the banking sector, with 54% of jobs having a high potential for automation, leading to an estimated TAM of 1774.32 billion yuan in this field [71][77] - In the coding sector, AI is expected to automate up to 99% of coding tasks by the end of 2025, with a TAM of approximately 4357.84 billion yuan [63][68] - The report emphasizes that AI Agents will first replace roles in high-salary, white-collar industries such as finance, IT, and law, where the ROI for AI implementation is more favorable [55][57] Company Recommendations - The report suggests monitoring companies involved in general office applications and enterprise SaaS, as well as those in vertical markets like banking, human resources, and cybersecurity [3][4]

Group 1 - The core viewpoint of the article highlights the impressive debut of the professional video editing software, Wondershare Filmora, on the Hongmeng platform, showcasing over 20 features and emphasizing its "Touch to Edit" capability for an efficient editing experience [1] - The founder of Wondershare, Wu Taibing, expressed the company's ambition to empower creators globally with simplified and intelligent creative software, positioning Chinese creative software as a new source of inspiration for global creators [9] - Wondershare has developed a robust product matrix with advanced technology and innovative marketing strategies, which has contributed to its steady progress in the digital creative software sector [12] Group 2 - The company has successfully established a strong presence in the Japanese market, ranking among the top three video editing software providers, with over 5,600 partners and more than 30 agents across Japan [11] - After over 20 years of development, Wondershare has launched dozens of digital creative software products, holding 457 software copyrights and 152 patents, supported by a research and development team of over 800 people [12] - The company attributes its growth to the favorable innovation environment in Shenzhen, which provides timely policies and support for private and tech enterprises, enhancing its ability to innovate and reduce operational costs [13]

Core Viewpoint - The 2024 Technology List focuses on the current status and development trends of high-tech and high-growth companies in China, aiming to identify and discover outstanding enterprises that are recognized by both the capital market and customers [2] Group 1: Company Overview - Wondershare Technology, founded by Wu Taibing in 2003, has grown into a leading A-share listed company in China's digital creative software sector, providing a wide range of creative software globally [2][4] - The company operates in over 200 countries and regions, with a cumulative global user base exceeding 1.5 billion [4] Group 2: Financial Performance - In 2024, Wondershare Technology reported a total revenue of 1.44 billion yuan, with its core video creative software generating 961 million yuan, marking seven consecutive years of positive growth [4] - The total number of paying users increased by over 20% year-on-year, while revenue from AI-native applications reached approximately 67 million yuan, reflecting a year-on-year growth of over 100% [4] Group 3: Product and Innovation - The company has launched several creative software products, including video editing software and AI-driven applications, and is recognized as the "Chinese version of Adobe" [4] - Wondershare Technology is advancing its AI model and AIGC application development, having introduced the first multimedia AI model in China, "Tianmu," and is collaborating with various model manufacturers to enhance its product matrix [5] Group 4: Strategic Initiatives - The company is constructing the first national digital creative science park in Changsha, with an investment of nearly 1 billion yuan and a planned area of nearly 100,000 square meters, capable of accommodating nearly 10,000 employees [5]

Group 1 - Wanjing Technology has launched a campus recruitment plan for 2026 graduates, offering a starting annual salary of up to 1 million yuan [1][4] - The internship program for 2026 graduates has been upgraded, with daily wages reaching 1,000 yuan and opportunities for full-time positions for outstanding interns [1][4] - The company operates in over 200 countries and regions, with a global user base exceeding 1.5 billion, positioning itself as a major player in the digital creative software sector [4] Group 2 - SANY Group has initiated its early recruitment for 2026 graduates, targeting various engineering and management roles across multiple locations in China [5][7] - SANY Group is recognized as a leading high-end equipment manufacturing enterprise, with core businesses in engineering machinery and renewable energy [7][8] - The company has established a significant global presence, with manufacturing bases in countries such as India, the USA, Germany, Brazil, and Indonesia [8] Group 3 - China Mobile's subsidiary, Zhongyi Internet, has launched its summer internship program for 2025, targeting 2026 graduates in various AI and software development roles [9] - Zhongyi Internet focuses on information and internet services, actively participating in national projects and collaborating with academic institutions [9]

Core Viewpoint - The company is set to implement an employee stock ownership plan (ESOP) for 2025, which is deemed beneficial for its long-term development and does not harm the interests of the company or its shareholders [1][2]. Summary by Sections Implementation Eligibility - The company meets the qualifications to implement the ESOP as there are no prohibitive conditions outlined in relevant laws and regulations [1]. - The plan has been developed in accordance with the guidelines for implementing employee stock ownership plans and relevant self-regulatory directives [1]. Employee Participation - All personnel participating in the ESOP meet the necessary legal and regulatory conditions, ensuring their eligibility under the defined scope of the plan [1]. Benefits of the ESOP - The implementation of the ESOP is expected to enhance the incentive and constraint mechanisms within the company, motivating key personnel and promoting sustainable and healthy development [2]. - There are no indications of harm to the company or shareholders, nor any coercive measures for employee participation in the ESOP [2].

Group 1 - The company held its fifth board meeting on June 9, 2025, to discuss the employee stock ownership plan for 2025 [1][2] - The board unanimously approved the proposal to establish the 2025 employee stock ownership plan to enhance the interest-sharing mechanism among the company, shareholders, and employees [1][2] - The proposal was submitted to the shareholders' meeting for further approval due to insufficient non-related directors present for voting [2][5] Group 2 - The company plans to authorize the board to manage the employee stock ownership plan, including its establishment, modification, and termination [3][4] - The board will also be responsible for signing relevant contracts and agreements related to the employee stock ownership plan [3][4] - A temporary shareholders' meeting is scheduled for June 26, 2025, to review the related proposals [5]

Meeting Details - The company will hold its first extraordinary general meeting of shareholders in 2025 on June 26, 2025, at 15:00 [1] - Shareholders can participate in the meeting either in person or through authorized representatives [2][3] - The meeting will include a network voting option available from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 on the same day [1][2] Voting Proposals - The meeting will review two main proposals: 1. The draft of the 2025 Employee Stock Ownership Plan and its summary 2. Authorization for the board of directors to handle matters related to the 2025 Employee Stock Ownership Plan [2][3] - Voting will be conducted separately for minority investors, defined as those who are not directors, senior management, or shareholders holding more than 5% of the company's shares [2] Registration Process - Individual shareholders must present their ID, stock account card, and proof of shareholding for registration [3][4] - Corporate shareholders must provide a copy of the business license, ID of the legal representative, and corporate stock account card [4] - Remote registration is allowed via mail or fax, but must be received by the company before the deadline [4][10] Network Voting Procedure - The company will provide a platform for network voting through the Shenzhen Stock Exchange trading system and an internet voting system [1][7] - Specific procedures for network voting will be outlined in the provided attachments [5][7]