Core Viewpoint - The launch of Huawei Mate XTs "Extraordinary Master" folding phone signifies a strategic collaboration with three leading companies: Wind, Tencent, and Feishu, highlighting the development of a comprehensive smart interconnectivity ecosystem based on HarmonyOS [1][3]. Group 1: Strategic Partnerships - The inclusion of Tencent represents immersive experiences in entertainment and social interaction [3]. - Feishu symbolizes new productivity in enterprise office and collaboration [3]. - Wind opens up possibilities for professional-grade industry applications, covering the entire user journey in work, life, and investment [3]. Group 2: Wind's Role - Wind's participation is particularly notable as it compresses a complete PC-level financial terminal into a mobile device, addressing the complex needs of financial professionals [4][10]. - The Mate XTs features a 10.2-inch display that allows users to access vast amounts of global data seamlessly [6]. - Multi-tasking capabilities enable users to view financial reports on one screen while accessing databases and market sentiment on another [7]. Group 3: AI Integration - Wind is revolutionizing the work of financial professionals with AI Agents that provide 24/7 assistance [11]. - The AI Briefing Agent delivers global market updates and stock alerts every morning [11]. - The Investment Morning Report Agent monitors global markets overnight and presents results at dawn [11]. Group 4: Future Vision - The collaboration of these three companies at the launch not only supports the Mate XTs but also points towards a future of cross-industry and cross-scenario smart interconnectivity [12]. - For Huawei, this initiative represents both a product and a strategic direction, while for Wind, it is an opportunity to showcase its capabilities [12]. - Users can expect smart devices to evolve from mere tools to integral ecological partners in their daily lives [12]. Group 5: Industry Impact - The Mate XTs folding phone is perceived as a new possibility for financial professionals, investors, and office workers [13]. - Wind's technology allows financial tasks to be performed on-the-go, effectively putting a PC in the user's pocket [13]. - Tencent enhances the immersive experience for entertainment, while Feishu facilitates efficient collaboration across different scenarios [13].

Core Viewpoint - Huawei has invited three strategic partners: Wind, Tencent, and Feishu, representing finance, entertainment, and collaboration, respectively, signaling the construction of a comprehensive smart interconnection ecosystem with the HarmonyOS [1][4]. Group 1: Why These Three Companies? - Tencent's involvement signifies an immersive experience in entertainment and social interaction [4]. - Feishu represents new productivity in enterprise office and collaboration [4]. - Wind opens up possibilities for professional-grade industry applications [4]. Group 2: Wind's Role - Wind's introduction is notable as it compresses a complete PC-level financial terminal into a smartphone, utilizing Huawei's Mate XTs foldable screen [8][10]. - The device features a 10.2-inch large screen for browsing vast data and multi-tasking capabilities, allowing simultaneous viewing of financial reports and databases [9]. - Instant generation of reports and data extraction is facilitated by the Alice series functions, enabling a seamless workflow for finance professionals [10]. Group 3: The Agent Revolution - Wind is transforming the work style of finance professionals with AI Agents that provide 24/7 assistance [11]. - Various agents are designed to deliver market updates, generate reports, and analyze performance, acting as personal research assistants [12]. - The future is envisioned as an era dominated by these agents, enhancing productivity and efficiency for finance professionals [12]. Group 4: Cross-Industry Innovation - Huawei's choice of these three companies reflects their leadership in finance, entertainment, and office collaboration, supporting the application of the foldable screen [14]. - The collaboration indicates a strategic move towards creating a cross-industry, all-scenario smart interconnection ecosystem [14]. - For users, this signifies a shift from tools to smart ecological partners in their daily lives [14]. Group 5: Future Implications - The Mate XTs foldable screen is positioned as a new possibility for finance, entertainment, and office collaboration sectors [15]. - Wind enables finance professionals to carry a PC in their pocket, while Tencent enhances immersive experiences, and Feishu facilitates efficient collaboration [15]. - The foldable device and its capabilities represent a significant advancement in how professionals interact with technology [15].

Core Viewpoint - The collaboration between Huawei and three strategic partners—Wind, Tencent, and Feishu—highlights the development of a comprehensive smart interconnectivity ecosystem, emphasizing the integration of finance, entertainment, and collaboration in the future of technology [3][17]. Group 1: Strategic Partnerships - Huawei's choice of Wind, Tencent, and Feishu as partners represents the pinnacle of their respective fields: finance, entertainment, and office collaboration [3][17]. - The presence of these companies at the launch signifies a commitment to creating a cross-industry, cross-scenario smart interconnectivity ecosystem, moving beyond just mobile devices [17]. Group 2: Wind's Role in Finance - Wind's integration with Huawei Mate XTs allows for a complete PC-level financial terminal experience within a mobile device, catering to the complex and high-frequency needs of finance professionals [8][19]. - The device features a 10.2-inch display for browsing vast amounts of data, multi-tasking capabilities for simultaneous tasks, and instant data generation through the Alice series, enhancing productivity [9][10]. Group 3: AI Agent Revolution - Wind is introducing AI Agents that transform the work processes of finance professionals, acting as personal research assistants and report generators available 24/7 [12][14]. - The future is envisioned as an era dominated by these Agents, with each finance professional potentially utilizing multiple Wind Agents for various tasks [15]. Group 4: Cross-Industry Innovation - The collaboration aims to enhance user experiences across different sectors: Wind makes finance portable, Tencent elevates immersive entertainment experiences, and Feishu facilitates efficient cross-scenario collaboration [19]. - The launch of the Mate XTs is positioned not just as a technological advancement but as a strategic move towards a future where smart devices serve as ecological partners rather than mere tools [17][19].

Core Insights - Huawei has launched the second generation of its foldable smartphone, Mate XTs, featuring the Kirin 9020 chip and HarmonyOS 5.1, achieving a 36% performance improvement [1] - The new device integrates PC-like applications and multitasking capabilities, allowing users to manage multiple windows efficiently, enhancing mobile productivity [1] - Huawei remains the only manufacturer to achieve mass production of tri-fold smartphones in the industry [1] Market Position - The Mate XTs will officially go on sale on September 12, starting at a price of 17,999 yuan [2] - According to IDC, Huawei is projected to capture 75% of the Chinese foldable smartphone market share by the first half of 2025, with nearly 500,000 units of tri-fold phones sold [2] - The overall foldable smartphone market in China is expected to reach 9.47 million units by 2025, indicating strong growth [2] Ecosystem Development - The number of devices running HarmonyOS 5 has surpassed 14 million, up from 12 million recently, showcasing rapid ecosystem growth [2] - Major internet applications have adapted to HarmonyOS, with additional mid-tail applications being integrated, indicating a robust and user-friendly ecosystem [2]

Core Viewpoint - Huawei has launched the Mate XTs, the first foldable smartphone equipped with HarmonyOS 5, which supports PC-level applications and aims to enhance user experience across various scenarios, particularly targeting high-net-worth individuals. Group 1: Product Features and Applications - The Mate XTs features a 10.2-inch foldable screen that allows users to monitor global stock market dynamics and access financial reports in real-time, significantly improving efficiency for finance professionals [1][2] - The device supports deep integration with applications like Wind Financial Terminal, which can automatically summarize meeting points and analyze sentiment during discussions, enhancing productivity [1] - In the business context, the HarmonyOS version of Feishu adapts to different screen sizes, providing a seamless experience for users transitioning between mobile and PC-like interfaces [2] Group 2: Ecosystem Development - The launch of Mate XTs marks a significant step in enriching the HarmonyOS ecosystem, with over 14 million devices now running HarmonyOS 5 [3] - Numerous popular applications, including QQ, Xiaohongshu, and Meituan, are rapidly updating to enhance user experience, reflecting the ecosystem's vitality and developer commitment [3] - Industry analysts note that the continuous iteration of HarmonyOS applications indicates strong developer interest and investment, contributing to a richer application experience for users [3] Group 3: Future Directions - Huawei's rotating chairman emphasized the need for further refinement of existing applications to achieve an "ultimate" user experience, urging developers to enhance features for better consumer adoption [4] - The call for collaboration among various stakeholders to build a robust HarmonyOS ecosystem highlights the company's commitment to improving functionality and user satisfaction [4]

Core Viewpoint - Huawei has launched the Mate XTs, the first foldable phone equipped with HarmonyOS 5, starting at a price of 17,999 yuan, marking a significant step in the integration of its mobile ecosystem [1][3]. Group 1: Product Launch and Features - The Mate XTs is the first foldable phone to fully support PC applications, showcasing Huawei's ambition to enhance productivity through its devices [1][6]. - The device utilizes the Kirin 9020 chip, which is the first appearance of Kirin chips at a Huawei launch event in four years [1]. - The phone supports a seamless transition between different usage modes, allowing for enhanced multitasking capabilities [6][7]. Group 2: Market Position and Growth - According to IDC, Huawei holds a 75% market share in the Chinese foldable phone market, with 3.74 million units shipped, making it the first Chinese brand to exceed 10 million cumulative shipments of foldable phones [3][4]. - The Chinese foldable phone market is projected to maintain over 40% of the global market share in the next five years, indicating strong growth potential [4]. Group 3: Ecosystem Development - HarmonyOS 5 has surpassed 14 million terminal devices, with plans to align its ecosystem with Android and iOS by the end of the year [3][8]. - The integration of various third-party applications, including those traditionally found on PCs, is a key strategy to enhance the HarmonyOS ecosystem [6][9]. - Major applications from Alibaba and Tencent are set to achieve full compatibility with HarmonyOS by September 30, further solidifying the ecosystem [8][9]. Group 4: Challenges and Future Outlook - The development of a unified adaptation standard and tools for software is crucial for the growth of the foldable phone ecosystem, as current applications are primarily limited to basic split-screen functionality [4][9]. - Despite the progress, there are still challenges in achieving a fully optimized ecosystem, as some applications lack comprehensive functionality [9].

Core Insights - Huawei has launched its new foldable smartphone, Mate XTs, which is the first to come pre-installed with HarmonyOS 5.1, starting at a price of 17,999 yuan [1] - According to IDC, Huawei has achieved a historical high in the foldable smartphone market, with a shipment of 3.74 million units, capturing 75% of the market share in the first half of 2025, and becoming the first Chinese brand to exceed 10 million cumulative shipments since its first foldable phone release in 2019 [3][4] Product and Technology - The Mate XTs is powered by the Kirin 9020 chip, featuring a 36% overall performance improvement due to system-level optimizations and soft-hard cloud collaboration [4] - The number of devices running HarmonyOS 5 has surpassed 14 million, indicating a growing ecosystem [4] Supply Chain and Partnerships - Lens Technology (蓝思科技) is involved in supplying precision structural components for Huawei's Mate XTs [5] Ecosystem Development - The launch of the Mate XTs represents an upgrade in Huawei's high-end product line and reinforces the HarmonyOS ecosystem, showcasing the combination of large-screen interaction, cross-device collaboration, and AI capabilities [6] - The HarmonyOS 5 provides adaptive layouts, system-level AI, and cross-device connectivity, forming the foundation for productivity experiences on the new foldable phone [7] - Significant progress has been made in the HarmonyOS ecosystem, with major internet applications adapting to the system and a wide range of SDKs available for developers, enhancing application development efficiency [7] Market Trends - The foldable smartphone market has seen a diversification in designs, with the introduction of new forms such as tri-fold and wide-fold devices, revitalizing the market [8] - The first tri-fold product has performed exceptionally well, nearing 500,000 units shipped in the first half of the year, setting a benchmark in the high-end foldable market [8]

Core Viewpoint - Huawei has launched its new foldable phone Mate XTs, which is the first to come pre-installed with HarmonyOS 5.1, starting at a price of 17,999 yuan [1] Group 1: Market Performance - According to IDC, China's foldable phone shipments are expected to reach 4.98 million units in the first half of 2025, representing a year-on-year growth of 12.6% [3] - Huawei achieved a historical high with a shipment of 3.74 million units, capturing 75% of the market share, and becoming the first Chinese brand to exceed 10 million cumulative shipments since launching its first foldable phone in 2019 [3] Group 2: Product Features - The Mate XTs is equipped with the Kirin 9020 chip, showcasing a 36% performance improvement through system-level optimization and soft-hard cloud collaboration [4] - The device also features HarmonyOS 5.1, which has surpassed 14 million installed devices, enhancing the user experience with desktop-level capabilities on mobile [4] Group 3: Ecosystem Development - The launch of the new foldable phone signifies an upgrade in Huawei's high-end product line and reinforces the HarmonyOS ecosystem, demonstrating the synergy between the foldable design and HarmonyOS 5 in terms of "large-screen interaction, cross-device collaboration, and AI" [6] - Huawei's ecosystem has made significant progress, with major internet applications adapting to HarmonyOS and a wide range of SDKs available for developers, improving application development efficiency [6][7] - The HarmonyOS ecosystem is advancing towards being "user-friendly," although there are still gaps in certain functionalities, indicating ongoing development challenges [7] Group 4: Industry Trends - The past year has seen a diversification in foldable phone designs, with new forms like tri-fold and wide-fold models emerging, injecting vitality into the market [8] - The first tri-fold product has seen impressive performance, with shipments nearing 500,000 units in the first half of the year, setting a benchmark in the high-end foldable market [8]

Core Viewpoint - Huawei has launched its new foldable smartphone, Mate XTs, which is the first to come pre-installed with HarmonyOS 5.1, starting at a price of 17,999 yuan [1]. Group 1: Product Launch and Features - The Mate XTs is equipped with the Kirin 9020 chip, showcasing a 36% performance improvement through system-level optimization [2]. - Huawei's foldable smartphone market share reached 75% with a shipment of 3.74 million units, marking a historical high since the launch of its first foldable phone in 2019 [3]. - The new device supports a range of PC-level applications, including WPS Office and financial software, enhancing mobile productivity [4]. Group 2: Software Ecosystem and Development - HarmonyOS 5.1 aims to replicate desktop experiences on mobile devices, integrating AI capabilities and cross-device collaboration [4][5]. - The Harmony ecosystem has seen significant progress, with major applications adapting to the platform and a variety of SDKs available for developers [5]. - Huawei's focus on "full-stack self-research" is reshaping its technology ecosystem, emphasizing the synergy between hardware and software [3][6]. Group 3: Market Trends and Future Outlook - The global foldable smartphone market is diversifying, with new designs like tri-fold and wide-fold models gaining traction [6]. - The combination of the Mate XTs and HarmonyOS 5 is expected to attract high-value users seeking stable productivity solutions [5].

Core Insights - Huawei has launched its new generation of foldable smartphone, Mate XTs, which is the first to fully support HarmonyOS 5 and is priced at 17,999 yuan [1] - The introduction of HarmonyOS 5 across Huawei's multi-terminal devices is transforming the mobile ecosystem, allowing for the integration of various PC applications on the foldable smartphone [1][6] - Huawei has achieved a significant milestone by becoming the first Chinese brand to surpass 10 million cumulative shipments of foldable smartphones, capturing 75% of the market share with 3.74 million units shipped in the first half of 2025 [3] Product Features - The Mate XTs supports PC applications for the first time, enabling a seamless productivity experience across different device forms [6][7] - The device features a new adaptive interface framework that allows for efficient use of screen space, supporting multi-window operations and cross-window drag-and-drop functionality [7] - Popular applications such as WPS, DingTalk, and financial software have been successfully adapted to run on the Mate XTs [7] Market Trends - China has officially become the largest market for foldable smartphones, with an expected stable market share of over 40% globally in the next five years [4] - The foldable smartphone market is projected to see a 12.6% year-on-year growth, with IDC estimating shipments to reach 4.98 million units in the first half of 2025 [3][4] Ecosystem Development - The HarmonyOS ecosystem is expanding rapidly, with over 14 million HarmonyOS devices currently in use, and aims to compete with Android and iOS by the end of the year [3][8] - Major applications from Alibaba and Tencent are in the process of adapting to HarmonyOS, with a timeline set for full compatibility by September 30 [8][9] - Huawei's annual R&D expenditure has reached historical highs, with significant investments directed towards the development of the HarmonyOS ecosystem [8][9]