Core Insights - The stock price of Tuolisi has decreased by 2.01% on October 16, reaching 20.47 CNY per share, with a total market capitalization of 17.883 billion CNY [1] - The company has experienced a year-to-date stock price decline of 2.24%, with a significant drop of 9.78% over the last five trading days [1] - Tuolisi's main business segments include artificial intelligence products and services (44.49% of revenue), big data products and services (33.73%), security products (11.07%), and system integration and others (10.70%) [2] Financial Performance - For the first half of 2025, Tuolisi reported a revenue of 245 million CNY, a year-on-year decrease of 38.36%, and a net profit attributable to shareholders of -73.6312 million CNY, representing a 223.11% decline [2] - The company has distributed a total of 325 million CNY in dividends since its A-share listing, with 55.6704 million CNY distributed over the past three years [2] Shareholder Structure - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder, holding 6.3563 million shares, a decrease of 1.5779 million shares from the previous period [3] - Southern CSI 1000 ETF and other ETFs have increased their holdings, indicating a shift in institutional investment [3]

10月13日至15日，第十四届中国国际专利技术与产品交易会在大连举行。创新成果与产业未来的深度对话中，知识产权在高质量发展中的重要 作用得以彰显。 在第二十五届中国专利金奖展区，世界首台千吨级运架一体机"昆仑号"模型吸引观众驻足。 这个长116米的"大家伙"，能够提着1000吨重、40米长的巨型简支箱梁在高空稳稳作业。它解决了我国高铁时速迈上400公里后，建设箱梁从32 米到40米的架设难题。 在第十四届中国国际专利技术与产品交易会上展出的九价人乳头瘤病毒疫苗。新华社记者徐鹏航 摄 在第十四届中国国际专利技术与产品交易会上展出的"昆仑号"桥梁运架机模型。新华社记者徐鹏航 摄 "专利技术不能停留在纸面上，而要画进山川、改造山川。"专利金奖"桥梁运架机"发明人之一、中铁五院正高级工程师罗九林说。 2021年，"昆仑号"仅用时218天，就顺利完成了10公里桥梁的铺架任务。目前，这一技术已在杭衢高铁、黄黄高铁等20多条线路中应用，让百 姓出行更加便利。 专利技术，不仅写进山川，也写进人民群众的健康中。 近日，天津市河东区大王庄街社区卫生服务中心完成了天津市国产九价HPV疫苗的首针接种，而这背后，离不开专利技术的支撑。 ...

Group 1 - In 2024, China accounted for over 10% of the 200,000 patent applications received by the European Patent Office, becoming the fourth largest source of applications [1] - The 14th China International Patent Technology and Product Trading Fair (CIPT) was held in Dalian, focusing on "Patent Transformation Empowering Innovative Development," showcasing China's strong innovation vitality on the global stage [1] - The fair featured 55 professional activities and attracted 317 companies from 14 countries and regions, highlighting cutting-edge achievements in fields such as intelligent equipment, biomedicine, and artificial intelligence [1] Group 2 - The exhibition showcased advanced technologies with significant transformation potential, including adaptive robotic arms and high-throughput testing reagents that reduced testing time from 24 hours to 1 hour [2] - Key patent products and intellectual property service products were released, each aligned with industry needs, demonstrating the practical value of patent technology [2] Group 3 - Dalian University of Technology introduced an intellectual property service model that enhances patent management efficiency by 60% through natural language processing and knowledge graph technologies [3] - A patent pool covering critical technologies in 5G-A, IoT, and V2X was launched by the Chinese Academy of Sciences and China Mobile, including over 2,000 core patents [3] - The "food safety detection flexible robot" developed by Dalian Inspection and Testing Certification Group improved detection efficiency by three times [3] Group 4 - The CIPT served as a platform for strategic cooperation, with the establishment of the Information Communication Industry Intellectual Property Alliance to promote patent collaboration in 5G, 6G, and industrial internet sectors [4] - A dedicated "Patent Transformation Negotiation Area" was set up to address patent technology supply and demand, featuring 100 high-quality technology requirements with clear investment amounts and application scenarios [4] - A collaboration was formed between Liaoning Mobile and China Mobile Design Institute to establish a "Results Transformation Promotion Center" aimed at commercializing 10 patent technologies within the year [4] Group 5 - Nine universities in Northeast China, including Harbin Institute of Technology and Dalian University of Technology, jointly issued a declaration to build a "Key Core Technology Patent Database" targeting regional industries [5] Group 6 - The fair organized over 10 "Technology-Industry" matching events focusing on high-end manufacturing, energy chemistry, life health, and modern marine industries, facilitating connections between over 50 promising patent technologies and industry needs [6] - China ranked among the top ten in the 2025 Global Innovation Index and first among upper-middle-income economies, with 24 innovation clusters, including Dalian, listed among the world's top 100 [6]

Group 1 - The 25th China Patent Gold Award recognized 30 inventions and utility model patents, including "Method and Device for Preparing High-Pressure LDMOS Devices" and 10 design patents such as "Automobile" [1] - Tencent Cloud Database TDSQL won the China Patent Gold Award for its core patent "Database Transaction Processing Method, Device, and Server," marking a significant achievement in database technology [1] - TDSQL has been implemented in major financial institutions and significant public welfare projects, including healthcare, transportation, and population census in Liaoning Province [1] Group 2 - Dalian University of Technology's project "Method for Determining Load Reduction Factor of Axial Pressure Cylinder Shell Structure" also received the China Patent Gold Award [2] - Tongfang Weishi's invention "CT Security Inspection System for Luggage and Its Detector Device" was recognized for its innovative approach to industry pain points [2] - The exhibition showcased the achievements of 30 China Patent Gold Awards and 10 design awards, highlighting the innovative spirit and contributions to the construction of a strong intellectual property nation [2]

Core Insights - The 14th China International Patent Technology and Products Trade Fair emphasizes the importance of patent conversion as a bridge for transforming innovation into productivity, which is crucial for driving high-quality development in China [1][2]. Group 1: Patent Conversion and Utilization - As of August 2023, the total number of patent transfer and licensing registrations in China reached 1.154 million, with universities and research institutions accounting for 142,000 of these transfers [2]. - The industrialization rate of enterprise invention patents stands at 53.3%, indicating a positive trend in patent utilization [2]. - The Chinese patent ecosystem is not only vast but also improving in quality, with China ranking in the top ten globally in the 2025 Global Innovation Index [2]. Group 2: Regional Achievements and Innovations - Liaoning Province has positioned intellectual property as a strategic lever for comprehensive revitalization, showcasing significant innovations such as energy-saving technologies and large-scale shield tunneling machines [4]. - In the past three years, Liaoning has achieved 1,232 instances of intellectual property pledge financing, amounting to 14.341 billion yuan [4]. - Dalian is expected to become the first city in Northeast China with a GDP exceeding 1 trillion yuan, leveraging the trade fair to enhance its intellectual property capabilities [4]. Group 3: Awards and Recognition - The 25th China Patent Gold Award and Design Gold Award were presented simultaneously for the first time, highlighting 30 award-winning patent projects and 10 design projects that demonstrate China's innovative strength [5]. - The awarded patents address critical technological challenges in high-end manufacturing, green technology, and health sectors, with total sales revenue exceeding 580 billion yuan [5]. Group 4: Intellectual Property as a Strategic Resource - Strong intellectual property protection correlates with enhanced technological innovation vitality, as emphasized by industry leaders [6]. - Companies like Geely Holdings have recognized intellectual property as a lifeline for development, holding over 23,000 effective patents and generating over 10 billion yuan in licensing revenue in the past three years [6].

Group 1 - The 14th China International Patent Technology and Product Trading Fair was held in Dalian from October 13 to 15, showcasing high standards and professionalism in patent technology and product transactions [1] - The theme of this year's fair is "Patent Transformation and Application Empowering Innovative Development," focusing on innovative achievements in various industries such as energy, high-end manufacturing, modern marine, and life health [2] - A total of 317 exhibitors participated from 14 countries and regions, with the fair aiming to become an important platform for promoting the transformation and application of intellectual property [2] Group 2 - The 25th China Patent Gold Award and Design Gold Award were presented during the fair, with 30 patents receiving the Gold Award, 60 receiving the Silver Award, and 607 receiving the Excellent Award [4] - Among the awarded invention patents, 33% were from strategic emerging industries, and 90.3% were from intellectual property-intensive industries [4] - The cumulative sales revenue of awarded patent products exceeded 580 billion yuan [4]

Core Viewpoint - The stock of Tuolisi has experienced a decline in recent trading sessions, with significant net outflows of capital and a notable decrease in revenue and profit for the first half of 2025 [1][2]. Financial Performance - Tuolisi's revenue for the first half of 2025 was 245 million yuan, a year-on-year decrease of 38.36% - The net profit attributable to the parent company was -73.63 million yuan, a year-on-year decrease of 223.11% [2]. Stock Market Activity - On October 14, Tuolisi's stock price fell by 2.04%, trading at 20.67 yuan per share with a total transaction volume of 462 million yuan - The stock has declined by 1.29% year-to-date, 2.55% over the last five trading days, and 7.27% over the last 20 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders was 120,000, a decrease of 5.83% from the previous period - The average number of circulating shares per person increased by 16.66% to 7,275 shares [2]. Dividend Distribution - Tuolisi has distributed a total of 325 million yuan in dividends since its A-share listing, with 55.67 million yuan distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the third-largest shareholder, holding 6.36 million shares, a decrease of 1.58 million shares from the previous period - Other notable shareholders include various ETFs that have increased their holdings [3].

Core Points - The 14th China International Patent Technology and Products Trade Fair opened in Dalian with the theme "Patent Transformation Empowering Innovative Development" [1] - The event is recognized as the highest standard and most professional intellectual property exhibition in China, featuring nine exhibition areas including the China Patent Award area and the International Exhibition area [1] - The fair will host over 50 activities including policy interpretation, technology roadshows, and product launches [1] Industry Summary - The event was attended by over 1,000 representatives from various sectors, including government officials, foreign diplomats, and representatives from universities and enterprises [1] - China's intellectual property sector has shown significant development, with the country ranking among the top ten in the 2025 Global Innovation Index, and 24 innovation clusters, including Dalian, being recognized among the world's top 100 [1] - The opening ceremony also included the 25th Patent Award ceremony, highlighting the achievements in the field of intellectual property [1]

10月13日，记者从市市场监管局获悉，截至目前，我市拥有有效商标注册量78.7万件，领跑中部地 区。 据了解，今年以来，我市知识产权工作以高质量发展为首要任务，担当进取、务实重干，取得明显 成效。 提高知识产权保护效能。加快知识产权保护高地建设，深化监测预警机制建设和跟踪问效。强化行 政司法协同保护，加大重点领域知识产权专项执法力度。 创新成果量质齐升。全市有效发明专利拥有量达4.4万件，高价值发明专利约1.6万件，每万人口高 价值发明专利拥有量突破12件，第二十五届中国专利奖获1金1银6优秀，有效商标注册量78.7万件领跑 中部地区。 优化知识产权服务体系。加强代理机构信用监管，优化公共服务网点布局，发挥商标品牌指导站、 知识产权维权保护工作站"前哨"作用，构建"预防—保护—发展"全链条服务体系。 强化工作支撑保障。加强知识产权人才培养，加强对基层的工作支持和业务指导，加快建设"有 为、善为、敢为"的知识产权工作队伍，确保"十四五"各项任务圆满完成。 保护体系全面升级。完善海外知识产权纠纷应对指导服务体系，在全省率先建立重点保护名录库， 深化跨部门协同保护机制，构建"预防—监测—应对—提升"的全链条知识产权 ...

Core Viewpoint - CaiXun Co., Ltd. has experienced a stock price decline of 2.04% on October 10, 2023, with a current price of 26.89 CNY per share and a market capitalization of 12.133 billion CNY, despite a year-to-date increase of 24.25% in stock price [1] Financial Performance - For the first half of 2025, CaiXun achieved operating revenue of 920 million CNY, representing a year-on-year growth of 17.72%, and a net profit attributable to shareholders of 135 million CNY, up 14.74% year-on-year [2] - Since its A-share listing, CaiXun has distributed a total of 320 million CNY in dividends, with 211 million CNY distributed over the past three years [3] Shareholder Structure - As of September 19, 2023, the number of shareholders for CaiXun increased by 3.50% to 46,700, with an average of 9,307 circulating shares per shareholder, a decrease of 3.38% [2] - Notable institutional shareholders include China Europe Innovation Theme Mixed Fund (501081) as the sixth largest shareholder with 2.7959 million shares, and Southern CSI 1000 ETF (512100) as the eighth largest with 2.4995 million shares, which increased by 470,700 shares compared to the previous period [3] Business Overview - CaiXun is a technology and service provider in the industrial internet sector, focusing on enterprise information technology. Its main revenue sources include technical services (61.25%), software product development and sales (17.77%), system integration (16.86%), and other services (3.56%) [1]