Core Viewpoint - Yao Tai Co., Ltd. is taking significant steps towards listing on the Beijing Stock Exchange by submitting an application for public stock issuance and has temporarily suspended its stock to ensure fair information disclosure and protect investor interests [1][3]. Group 1: Company Actions and Developments - On June 23, Yao Tai Co., Ltd. submitted materials for public stock issuance to the Beijing Stock Exchange and announced a stock suspension to prevent abnormal price fluctuations [1]. - The company received a completion notice from the Ningbo Securities Regulatory Bureau regarding its guidance work with Dongfang Securities, marking a critical step in its pursuit of listing on the Beijing Stock Exchange [3]. - Yao Tai Co., Ltd. initially signed a listing guidance agreement with Dongfang Investment on December 27, 2023, aiming for an IPO on the Shenzhen Stock Exchange's Growth Enterprise Market [3]. Group 2: Changes in Listing Plans - The company decided to change its listing plan from the Shenzhen Stock Exchange to the Beijing Stock Exchange, while continuing to work with Dongfang Securities as its guidance institution [5]. - Yao Tai Co., Ltd. successfully listed on the New Third Board on September 25, 2024, and was confirmed to move to the innovation layer on May 19, 2025 [5]. Group 3: Business Overview and Performance - Established in 2006, Yao Tai Co., Ltd. specializes in outdoor lighting and has developed a comprehensive sales and service network, focusing on smart, healthy, and high-quality lighting solutions [8]. - The company has a business model based on ODM and is rapidly expanding its own brand overseas, achieving a stable development of ODM and a fast growth of its own brand [9]. - In 2024, Yao Tai Co., Ltd. reported revenue of approximately 552 million yuan, a year-on-year increase of 12.82%, and a net profit of about 85.24 million yuan, up 31.42%, with scene lighting and smart lighting contributing 83.50% of total revenue [11].

Group 1 - In 2024, Shanghai's live e-commerce retail sales reached 493.7 billion RMB, accounting for 10.5% of the national total, making it the leading city in China for live commerce [1] - The 2025 Shanghai International MCN Conference will be held from June 5 to 6, focusing on the theme "Creating Boundless Opportunities to Elevate Live Economy on a Global Scale" [3][4] - The conference will gather top MCN institutions, leading e-commerce platforms, over 150 brand companies, and more than 100 industry leaders to discuss key topics such as content creation, product selection, and cross-border expansion [3][4] Group 2 - The opening ceremony will feature executives from Alibaba, JD.com, and the UK BOP Group sharing insights on differentiated competition across platforms [4] - A roundtable discussion will include founders from leading MCN institutions and representatives from the retail sector, focusing on balancing content and commercial value [4] - Fudan University will release highlights from the "China MCN Development Report (2025)", analyzing how MCNs can empower brands and enhance their sales and communication capabilities [4] Group 3 - The conference will unveil six institutional awards and two brand awards, recognizing leaders in content ecology, technology application, and globalization [6] - Three sub-forums will be held, focusing on content creation, short dramas, and cross-border e-commerce opportunities [6] - The event aims to redefine global trade rules and reshape brand value through digital language [6] Group 4 - Shanghai accounts for 19% of the top 1000 MCN institutions in China, ranking first nationally [7] - The city's advantages stem from a robust manufacturing base, government innovation initiatives, and collaboration between universities and businesses in cultivating talent for live e-commerce [7] - The conference aims to establish three value systems: reducing trial and error costs for businesses, promoting resource concentration towards quality institutions, and reinforcing Shanghai's position as a live economy hub [7] Group 5 - The conference introduces the "Scene as a Service" concept, aiming to reconstruct traditional exhibition formats for more efficient industry connections [8] - A "Good Products Street" will showcase over 150 brands and thousands of products across various categories, enhancing the event's interactive experience [8][9] - Activities will include brand launches, selection meetings, and experiential events to facilitate deep connections between brands and MCNs [9][11] Group 6 - The conference will explore global opportunities, particularly focusing on how to navigate international markets through localization strategies [12] - A special forum will address the Middle East's economic transformation and consumer trends, providing insights for Chinese brands looking to expand [12] - The collaboration with First Financial aims to define industry value coordinates and inject sustainable growth into the market [13] Group 7 - The registration for the conference has opened, with thousands of MCN institutions, brand merchants, and cross-border platforms confirming attendance [14] - The event is expected to mark a critical turning point in the live economy, shifting from scale expansion to value cultivation [14]

Core Viewpoint - The fifth China Arts and Crafts Expo (2025CACE) will be held in Fuzhou, focusing on the theme "Crafts of China, Prosperity through Quality" and addressing the development of the arts and crafts industry through brand strategies and cultural heritage [1][2]. Group 1: Industry Overview - The arts and crafts industry in China has an annual output value nearing 3 trillion yuan, with over 6.5 million direct employees and more than 13 million related workers [1]. - The industry is experiencing significant growth following the central government's initiative to revitalize traditional crafts, but it faces challenges such as homogenized competition and a lack of international influence [1]. Group 2: Brand Development - The development of the arts and crafts industry is closely tied to brand building, which is essential for cultural inheritance, economic activation, and industry upgrading [2][5]. - The forum will explore effective paths for industry upgrading, emphasizing the importance of brand development in overcoming homogenization and achieving high-quality growth [2]. Group 3: Regional Focus - The city of Quanzhou, known as the "Capital of Chinese Arts and Crafts," will showcase its cultural heritage and industrial foundation at the expo, highlighting the integration of traditional crafts with cross-border e-commerce [3]. - The forum aims to create a positive ecosystem for brand upgrading by leveraging regional characteristics and promoting a "one city, one product" strategy [3]. Group 4: Internationalization and Innovation - The forum will focus on enhancing the influence and competitiveness of the industry through brand building, transforming traditional crafts into modern intellectual property that resonates with younger generations [4]. - The event will feature discussions on revitalizing traditional crafts, brand innovation, and the concept of "light luxury aesthetics," providing a platform for over 300 exhibitors and participants [4].

Core Insights - The article highlights the emerging opportunities for Chinese brands in the automotive aftermarket to expand internationally, particularly in Southeast Asia, the Middle East, and Europe, driven by increasing demand and technological innovation [2] - It discusses the trend of Chinese companies adopting a "group out" strategy to mitigate risks associated with globalization, emphasizing collaboration and resource sharing among enterprises [5] - The article also explores the innovative approaches of Chinese cultural IPs in global markets, showcasing successful cases like "Nezha" and the importance of creating a collaborative ecosystem around IP [6] - It outlines the strategic responses of Chinese enterprises to global challenges, focusing on compliance, risk management, and the need for a shift in mindset towards becoming rule-makers in international trade [7] Industry Environment - The Chinese automotive aftermarket is entering a golden period for brand internationalization, with exports projected to rise from 2.01 million units in 2021 to 5.86 million units by 2024, particularly in the new energy vehicle sector [2] - A new "Smart Terminal Overseas Service Innovation Alliance" has been established to enhance digital service capabilities for smart terminal exports, with expectations of reaching $250 billion in export value by 2024 [3] - The "group out" strategy is gaining traction among Chinese companies, focusing on service-oriented overseas expansion and collaborative resource sharing to build competitive advantages [5] Cultural and IP Expansion - The success of Chinese IPs like "Nezha" demonstrates the potential for cultural exports, with the film grossing over 15 billion yuan during the 2025 Spring Festival, highlighting the importance of IP-driven ecosystem development [6] - The article emphasizes the shift from product-focused strategies to creating immersive experiences and cross-industry collaborations to enhance brand recognition and cultural resonance [6] Globalization Strategies - Chinese companies are advised to adopt three key strategies in response to global challenges: "stop the bleeding" by ceasing high-risk activities, "blood production" by exploring new revenue sources, and "blood exchange" by fostering international perspectives [7] - The article stresses the importance of legal compliance and supply chain restructuring to enhance global competitiveness [7] Regional Focus - Chinese construction firms are making significant strides in the Middle East, with investments totaling several billion dollars, positioning the region as a key market for Chinese infrastructure projects [8][9] Company Dynamics - Yili's international business is projected to show results in the next five years, with a revenue target of 115.78 billion yuan in 2024 and a focus on steady growth in Southeast Asia [12] - Tencent Cloud is accelerating its international expansion in Japan, with plans to build a third data center and launch a food reservation mini-program to cater to Chinese tourists [14] - Moutai's overseas revenue is expected to reach $970 million by 2024, with a 37.53% increase in Q1 2025, as the company focuses on cultural output and quality enhancement [15] - The rapid growth of Pop Mart's overseas revenue by 480% in Q1 2025 illustrates the effectiveness of its "IP + trendy toys + experience economy" model in global markets [21]

Core Viewpoint - The conference focused on the dual needs of foreign trade enterprises for "export to domestic sales" and "cross-border expansion," with various government departments discussing policy support to facilitate these transitions [2][3]. Group 1: Conference Highlights - The conference was held simultaneously in Beijing and various provincial venues, featuring discussions on the transformation of foreign trade enterprises and digital upgrades [1]. - The Ministry of Commerce proposed to build an "integrated service platform for domestic and foreign trade" to reduce transformation costs through data sharing and channel connections [3]. - The People's Bank of China announced plans to expand the pilot scope of the cross-border financial blockchain platform, emphasizing support for supply chain financing for foreign trade enterprises [3]. - The General Administration of Customs introduced a "one enterprise, one policy" customs clearance service in free trade pilot zones like Chongqing to shorten the export cycle for high-value-added products [3]. Group 2: Company Insights - Chongqing Chengyouqing Network Technology Co., Ltd. has been a key player in the digital services sector for foreign trade, leveraging a "technology + resources" dual-drive model to assist enterprises in achieving global expansion [4]. - The core competitiveness of Chengyouqing's "foreign trade" system lies in its global technology foundation and data-driven operational model, featuring 158 language versions and integration with major search engines and social media platforms [4]. - The successful hosting of the empowerment conference signifies that China's export-oriented private enterprises are accelerating their transition to high-quality development, with companies like Chengyouqing injecting new digital momentum into traditional foreign trade enterprises [4].

将投中网设为"星标⭐"，第一时间收获最新推送 年轻投资人们，如何在复杂变化中不断寻求破局之道？ 整理丨 曹玮钰 来源丨 投中网 几乎没有人会用"既得利益者"来形容如今这批年轻投资人。 他们的处境总被描述为被动或者不确定，除了老生常谈的旧问题，过去两年行业的分化又加剧了这种 复杂。如果少有时代的托举，年轻投资人不断为自己找位置、找牌桌，在复杂变化中不断寻求破局之 道，他们是用何种心性、工具、路径去解决乃至对抗这一切的？这一切跟过往代际的投资人群体又有 哪些时代差异或相通？个体努力能在多大程度抓住或攻克时代的红利和难题？ 在"第 19 届中国投资年会·年度峰会"上，上信资产总经理、浦耀信晔董事长兼总经理蔡雯，陆石投 资创始合伙人、董事长邓钊，高榕创投合伙人胡朔，超越创投管理合伙人彭超，越秀产业基金合伙 人、副总经理合伙人吴煜，芯联资本创始合伙人袁锋等嘉宾就《时运与破局》的议题进行了深入探 讨。 蔡雯 坦言，客观来讲，这一代投资人确实没有处在高度成长、全面开花的爆发时代，但并没有选择 的余地，已经学会接受现状，持有一颗平常心，她相信在当今这个不断迭代的时代也有这个时代的红 利。 邓钊 坚信中国一级市场未来的向好，相 ...

将投中网设为"星标⭐"，第一时间收获最新推送 零一创投将持续紧跟国家双循环的发展战略，精准锚定投资方向。 来源丨 投中网 4 月 21 日，零一创投（ 01VC ）宣布已于近期完成新一期 5 亿人民币基金首关。在募集过程中，该基金得到了多地国资、市场化母基金和上市公司 等的大力支持。这也是零一创投中生代管理合伙人募集的首支人民币基金。 据悉，新基金投资方向将继续专注于零一创投所擅长的智能制造与跨境出海领域。投资轮次上， 本期基金锚定天使轮到 B 轮之间的优质项目，单笔投 资金额在 500 至 5000 万人民币之间。 投资策略上，该基金将继续坚持投早投小原则，同时通过投后商业化赋能、多元退出的方式平衡基金的 DPI 和投资收益确定性。 在当前复杂多变的全球经济形势下，零一创投将持续紧跟国家双循环的发展战略，精准锚定投资方向。在智能制造板块，零一通过对机器人、具身智能 等硬科技赛道的前沿探索，助力推动国内产业链和供应链的数智化升级。在跨境出海板块，鉴于我国在众多领域已形成优势供应链，基金将着重推动智 能化产品和先进的运营经验向海外输出，借助跨境电商、新型服务贸易等模式，帮助企业拓展国际市场，助力国内国际双循环相 ...

Core Viewpoint - The article emphasizes the importance of innovation and technology in redefining the future, inviting young talents to join the ZhenIntern Program to explore and change the world together [1][4]. Program Overview - ZhenIntern Program is a strategic initiative by ZhenFund aimed at cultivating the next generation of venture capital talents, likened to a "Huangpu Military Academy" for young investors [4]. - The program has successfully held 20 sessions and has over 500 alumni, contributing significantly to the venture capital ecosystem [4]. Internship Opportunities - Various internship positions are available, including Investment Intern, Investment Operations Intern, Investor Relations Intern, and more, across multiple cities such as Beijing, Shanghai, and Shenzhen [8][9]. - The internship duration is from July 2025 to December 2025, requiring a minimum commitment of four days a week for at least four months [10]. Learning and Development - Interns will engage in activities such as industry discussions, book sharing sessions, and monthly seminars featuring insights from industry leaders [12][13]. - The program offers hands-on experiences through projects and portfolio visits, allowing interns to interact closely with entrepreneurs and understand startup operations [13]. Community and Culture - The program fosters a vibrant community through team-building activities, social events, and celebrations, enhancing the overall internship experience [14][15]. - Interns will have opportunities to work with cutting-edge technology and gain exposure to innovative products like Apple Vision Pro [15]. Alumni Experience - Alumni share positive experiences, highlighting the unique perspectives gained on entrepreneurship and investment through mentorship and collaboration with peers [16].

| 实务 | 董监高资本市场技能 | ਜੋ ਹੈ ਰੇ ਰੇ ਕੇ ਇੱਕ ਸਿੰਘ ਦੇ ਸਾਂ ਦੀ ਸਾਂ ਦੀ ਸਾਂ ਦੀ ਸਾਂ ਉੱਤੇ ਸਾਂ ਦੀ ਸਾਂ ਵਿੱਚ ਇੱਕ ਸਿੰਘ ਦੇ ਸਾਂ ਵਿੱਚ ਇੱਕ ਸਾਂ ਵਿੱਚ ਇੱਕ | 769.3 | | --- | --- | --- | --- | | 推荐 | 企业合规管理 (公司治理、对外担保、印章管理、公司制度制定) | ਜੋਰੇਰੇ | 139.3 | | | 如何发现企业异常——做空机构的尽调方法 | ਜ ਤੇਰੇ | 90.3 | | 跨境出海 | | ਥਰੇਰੇ | 349.3 | | | 境外投资并购法律实务 (流程、风险、尽调、谈判、协议条款) | | | | | 港股上市公司信息披露实务 | ਤੇਰੇਰੇ | 279.3 | | | 资本市场以及企业出海的核心税务考量 (股权架构、并购重组、企业出海、业务模式) | ਤੇਰੇਰੇ | 279.3 | | | 海外投融资审批实务 | ਤਰੇਰੇ | 209.3 | | 并购类 | 并购基金运作模式与典型案例 | ਜੋਰੇਰੇ | 139.3 | | | 并购谈判 ...

| 实务 | 董监高资本市场技能 | ਜੋ ਹੈ ਰੇ ਰੇ ਕੇ ਇੱਕ ਸਿੰਘ ਦੇ ਸਾਂ ਦੀ ਸਾਂ ਦੀ ਸਾਂ ਦੀ ਸਾਂ ਉੱਤੇ ਸਾਂ ਦੀ ਸਾਂ ਵਿੱਚ ਇੱਕ ਸਿੰਘ ਦੇ ਸਾਂ ਵਿੱਚ ਇੱਕ ਸਾਂ ਵਿੱਚ ਇੱਕ | 769.3 | | --- | --- | --- | --- | | 推荐 | 企业合规管理 (公司治理、对外担保、印章管理、公司制度制定) | ਜੋਰੇਰੇ | 139.3 | | | 如何发现企业异常——做空机构的尽调方法 | ਜ ਤੇਰੇ | 90.3 | | 跨境出海 | | ਥਰੇਰੇ | 349.3 | | | 境外投资并购法律实务 (流程、风险、尽调、谈判、协议条款) | | | | | 港股上市公司信息披露实务 | ਤੇਰੇਰੇ | 279.3 | | | 资本市场以及企业出海的核心税务考量 (股权架构、并购重组、企业出海、业务模式) | ਤੇਰੇਰੇ | 279.3 | | | 海外投融资审批实务 | ਤਰੇਰੇ | 209.3 | | 并购类 | 并购基金运作模式与典型案例 | ਜੋਰੇਰੇ | 139.3 | | | 并购谈判 ...