（原标题："潮起香江 聚势共赢——深港资本市场融合发展与赴港上市专题研讨会" 之国际金融人才跨 境金融专题交流活动成功举行丨走进中银香港：解码赴港上市全周期金融服务与深港协同新范式） 5月16日，"潮起香江 聚势共赢——深港资本市场融合发展与赴港上市专题研讨会"（以下简称"研讨 会"）组织"走进香港金融市场——国际金融人才跨境金融专题交流活动"，参访香港最大的商业银行之 一——中银香港，邀请相关嘉宾与专家介绍香港上市的相关情况、解读政策新规。 本次活动在中共深圳市委金融委员会办公室、深圳市中小企业服务局的指导下，福田区政府、河套深港 科技创新合作区深圳园区发展署特别支持下，由证券时报社联合香港公司治理公会、深圳市金融稳定发 展研究院举办。 中介机构在企业赴港上市过程中扮演着"全链条服务枢纽"和"资本市场连接器"的核心角色，其价值贯穿 上市前的战略规划、上市中的执行落地及上市后的长期资本运作。 中银香港深耕香港逾百年，是香港最大的商业银行之一，是香港三大发钞行、银行公会轮值主席行之 一，也是香港唯一的人民币业务清算行。在参访活动中，中银香港围绕企业香港上市规则、上市流程、 市值管理、吸纳投资者等方面投行业务，以 ...

欧洲央行管委温施：经济增长和通货膨胀的下行风险已经变得更大。 ...

智通财经5月18日电，欧洲央行管委温施称，经济增长和通货膨胀的下行风险已经变得更大。 ...

Group 1 - The core viewpoint of the articles highlights the ongoing price war in the instant delivery sector, which is squeezing profit margins across the industry, prompting players to actively respond [2] - SF Express's stock has risen over 30% since May 8, with a peak increase of over 41%, positioning it as a leader in the instant delivery sector amid a reassessment of the value of third-party delivery platforms [2] - The competition in the instant retail market reveals that platforms' own delivery capabilities cannot meet the diverse and time-sensitive delivery demands, creating opportunities for third-party platforms like SF Express [2] Group 2 - The market's revaluation of third-party instant delivery services is reflected in SF Express's recent stock performance, driven by significant trends in local life market traffic polarization and high fulfillment demands across multiple scenarios [3] - According to Questmobile data, the average daily usage of SF Express's rider app increased by 40% year-on-year in April, indicating a positive outlook for demand in the instant delivery industry [3] - Analysts have raised revenue forecasts for SF Express for 2025 and 2026, maintaining a "outperforming the industry" rating with a target price of HKD 13.50, suggesting a 26% upside potential from the current price [3]

嘉华国际中心项目作为市级重大项目，于2021年落户建邺，占地面积14.8万平方米，总投资90亿元，共 分成A、B、C、D四个分区，主要功能为办公、酒店式公寓、酒店、商业、文化及配套等，总建筑面积 约70万平方米，其中地上约47.7万平方米。建成投产后，年营业收入预计将超30亿元，新增就业岗位 800个。 据介绍，项目设计灵感源于南京历史悠久的秦淮河水岸生活方式，通过利用中轴水系资源，构建河岸低 密度小体量建筑与退台景观空间，打造延续文化和城市脉络的滨水街道社区。"全新的多功能社区设计 从空间尺度和人的尺度出发，带来健康宜人的办公、购物和生活环境，展现焕新的社区形态和南京城市 形象。"设计方相关人士介绍。 抬头望去，高110米的塔楼已经穿上了"新衣"，钢化玻璃外表泛着深蓝色的光。杨传刚是项目上的幕墙 工人，别看现在他是团队中的佼佼者，初次接触高空轨道车、学习安装幕墙玻璃时，操作复杂程度远超 想象，也让他一度手忙脚乱。如今，沉重的幕墙玻璃，在杨传刚的操控下被缓缓吊入幕墙框架指定位 置。"往左一点，再低一点，好，停！"接近框位时的微调极为关键，3名经验丰富的工友化身"领航 员"，通力配合下，玻璃被严丝合缝地安装到位 ...

各位OceanBase的开发者大家好！非常荣幸能够有这次机会和大家聊一聊通用人工智能（AGI）。为什 么我会来这次会议，我其实觉得首先要讲一句话，没有数据肯定就没有今天的AI和大模型；没有开发 者的兴起和爆发，也就不会有AI应用的爆发。正是数据的力量铸就了今日的AI与大模型，而开发者生 态的蓬勃发展和持续创新，是真正推动AI应用爆发的核心引擎。我今天想分享的题目是《AGI时代，海 量数据带来的质变》 AI的发展其实并不是一帆风顺，甚至它不是线性的。这已经是AI的第四次爆发式发展了，AI终于变得 通用，这里蕴藏着巨大的市场机会和商业机会。当ChatGPT发布的时候，你会看到很多原有需要做专用 模型的任务，包括翻译、写作、对话等等一都需要智能模型，从我们的视角看过来，这是符合"长尾理 论"的。大家不知道有没有印象，知名科技杂志《连线》前主编Chris Anderson在早年著作中提出的经典 案例：在书中，他以亚马逊书店为例指出，其成功关键在于将稀缺难寻的长尾书籍悉数纳入销售体系， 也就是它把所有难找、长尾的书本全部上架了。这背后遵循的幂律法则对技术从业者而言并不陌生—— 当海量长尾需求聚合时，其总和将超越任何单一 ...

Financial Performance - The company's financial performance exceeded expectations, with Q1 2025 revenue growing by 30.1% year-on-year to 1.077 billion yuan, and a stable gross margin of 41.2% [1][2] - R&D expense ratio decreased by 8 percentage points to 34.2%, indicating the gradual realization of scale effects [1][2] AI Agent Demand - Demand for AI Agents is driving core business growth, with the XianZhi AI platform achieving revenue of 805 million yuan in Q1 2025, a year-on-year increase of 60.5%, accounting for 74.8% of total revenue [1][3] - The company launched the AI Agent full-process development platform, integrating over 150 mainstream large models and dozens of Agent frameworks, covering the entire lifecycle of AI Agent development [1][3] Client Value and Industry Applications - The number of benchmark clients reached 59 in Q1 2025, with an average revenue contribution of 11.67 million yuan per client, reflecting a year-on-year growth of 31.3% [5] - The company's enterprise-level Agents have been implemented across more than 14 industries, including finance, aviation, automotive, healthcare, energy, retail, and ports [5][6] Strategic Developments - The XianZhi AI platform has undergone a comprehensive upgrade, launching a full-process development framework for AI Agents, enhancing the efficiency of resource utilization by over 30% [3][4] - The SHIFT intelligent solutions continue to deepen high-value industry scenarios, expanding the company's solution library and accumulating industry know-how [4] Revenue Forecast - The company is expected to see continued high revenue growth, with projected revenues of 6.664 billion, 8.347 billion, and 10.414 billion yuan for 2025-2027, representing year-on-year growth rates of 26.66%, 25.26%, and 24.77% respectively [6]

Group 1 - The company reported Q1 2025 revenue of 1.077 billion yuan, a year-on-year increase of 30.1% [1] - Gross profit for Q1 2025 was 444 million yuan, also reflecting a year-on-year growth of 30.1%, with a gross margin of 41.2%, unchanged from the same period last year [1] - The R&D expense ratio decreased by 8 percentage points to 34.2% compared to the previous year, indicating potential for significant profit improvement throughout the year [1] Group 2 - The enterprise-level Agent experienced significant expansion, with the "XianZhi AI" platform generating revenue of 805 million yuan, a year-on-year increase of 60.5%, accounting for 74.8% of total revenue [1] - The company is actively advancing vertical world model training and the deployment of AI Agents across various industries, which is expected to enhance overall gross margin stability [1] - The SHIFT intelligent solutions business reported revenue of 212 million yuan, a year-on-year decline of 14.9%, representing 19.7% of total revenue [1] Group 3 - The number of benchmark users reached 59 in Q1 2025, up from 54 in the same period last year, with average revenue contribution per user increasing to 11.67 million yuan from 8.90 million yuan [2] - The company launched an upgraded AI Agent full-process development platform, enabling enterprise clients to create Agents across over 14 industries, including finance, aviation, and healthcare [2] - The company is well-positioned to benefit from the digital transformation wave in China, with significant market opportunities in various sectors as data volumes increase [2]

Core Insights - The visit to Guoquan Group and its ecosystem enterprises by nearly fifty participants from the "Delicious China Innovation Camp" aimed to explore business operations and core products, seeking collaboration opportunities in the food and beverage sector [1][3]. Group 1: Company Overview - Guoquan Group operates a comprehensive supply chain platform integrating "platform + network + channel + industry + finance," covering all provinces and regions in China except Hong Kong, Macau, and Tibet [3]. - Key enterprises in the Guoquan ecosystem include Huading Cold Chain Technology, He Yi Meat Industry, Dai Xia Ji Food, Chengming Food, and Wildfire Barbecue, each specializing in different food products and standards [3]. Group 2: Business Model and Strategy - The company emphasizes a "comprehensive cost leadership" growth logic and utilizes multiple channels, including iGuoquan and Douyin, to create popular products like "Mao Du Freedom" [3]. - The "integrated supply and production" model is seen as a crucial support for building a deeper competitive moat and is aligned with the company's future development direction [3]. Group 3: Industry Collaboration and Opportunities - The visit facilitated discussions on various topics, including empowering ecosystem enterprises, restaurant supply chain cooperation, and digital development, leading to preliminary agreements on product customization and channel collaboration [5]. - The event provided significant business expansion opportunities and deepened the understanding of Guoquan among industry entrepreneurs, with a focus on exploring new paths for food industry development [5].

Core Viewpoint - The event "Life's Answer - 2025 China Resources Land Good House Model Launch and Zhenlu Product Release" emphasizes the importance of respecting local culture and addressing customer needs, showcasing a new product line "Zhenlu" that aims to provide high-quality living solutions in Haidian District [1][8]. Group 1: Product Strategy - China Resources Land's product strategy is centered around the "Three Goods and Twelve Advantages," which includes good community, good product, and good service, with twelve key scenarios identified to enhance living experiences [5]. - The "Good House" concept is rooted in customer-centric design, aiming to create ideal living environments that resonate with contemporary needs and preferences [7][17]. Group 2: Local Insights and Customization - The "Zhenlu" product line is developed based on extensive research into the living needs of Haidian residents, integrating local cultural elements and modern lifestyle demands [10][12]. - The design process involved deep engagement with over 360 families to ensure that the product meets practical and emotional needs, resulting in a highly customized living experience [10][12]. Group 3: Functional and Aesthetic Integration - "Zhenlu" focuses on functional aesthetics, creating spaces that cater to various family dynamics, including dedicated learning environments for children and social spaces for parents [12][15]. - The project incorporates advanced acoustic solutions and smart home technologies to enhance comfort and convenience, reflecting a shift from traditional luxury to practical functionality [15][17]. Group 4: Market Positioning - The launch of "Zhenlu" positions China Resources Land as a leader in high-end residential development, responding to the evolving demands of urban living in Haidian [1][17]. - The initiative aims to redefine high-end housing by integrating rational functionality with aesthetic appeal, thereby setting a new standard for urban residential projects [17].