Group 1 - The 27th Asia Pet Expo held in Shanghai from August 20 to 24 showcased a record scale with over 2,600 exhibitors and more than 20,000 participating brands across an exhibition area of 310,000 square meters [1] - The focus of this year's expo shifted towards the application of smart technology and innovation in pet care, reflecting the growing demand for high-tech and intelligent pet health products among pet owners [1] - ZhongAn Insurance announced a collaboration with Alipay to enhance the convenience of purchasing pet insurance and claims services through NFC technology, aiming to integrate smart technology into pet care [1] Group 2 - Ant Group's digital asset platform, Whale Exploration, highlighted the unique characteristics of NFTs, which are based on blockchain technology, ensuring ownership transparency and traceability [2] - The pet economy is experiencing robust growth despite the global economic downturn, with pet insurance emerging as a crucial link between medical services and pet care, showing significant growth potential [2] - ZhongAn Insurance reported that by the first half of 2025, the number of services provided in the pet ecosystem reached nearly 880,000, with a total of 3.25 million services, reflecting a 79% increase in per capita service frequency compared to the previous year [2]