期内收入减少主要反映传统互联网广告业务所面临的结构性挑战：行业进入存量竞争阶段，客户投放意 愿减弱，部分广告主预算缩减，导致该板块收入同比出现大幅下滑。与此同时，集团积极推进转型的数 字化产业赋能平台业务表现强劲，同比取得大幅增长，正逐步成为集团新的增长动力。然而，由于数字 化业务仍处于扩张初期，其收入贡献尚未能完全抵销传统广告业务的下跌幅度，因而整体收入呈现阶段 性回落。 智通财经APP讯，瓦普思瑞元宇宙(08093)发布截至2025年6月30日止年度业绩，收入4445万港元，同比 下降64.3%;净亏损2030万港元，上年同期盈利1753.5万港元;每股基本亏损2.76港仙。 ...

Strategic Alignment: Economic Transformation and Consumption Revolution - Saudi Arabia's "Vision 2030" aims to diversify the economy away from oil dependency, with three pillars: renewable energy development, youth workforce activation, and global logistics hub construction, aligning perfectly with TikTok's e-commerce ecosystem [3][4] - By 2030, Saudi Arabia plans to achieve 58.7GW of renewable energy capacity, with TikTok facilitating the promotion of Chinese solar solutions, leading to a 300% increase in orders for a Chinese brand through AR demonstrations [3][4] - The rise of the female economy is a significant opportunity, with female labor participation reaching 40%, and TikTok serving as a key platform for workplace fashion and beauty products, generating over $2 million in GMV during a single live stream [3][4] Consumption Upgrade: Shifts in Consumer Demand - Saudi consumers are experiencing a fundamental change in demand, with TikTok acting as a catalyst for this consumption revolution, particularly in emotional and sustainable consumption [5][6] - 71% of Saudi consumers are willing to pay a premium for "stress-relief" products, with TikTok's SelfCare videos garnering 8.7 billion views, leading to a 68% repurchase rate for a Chinese wellness brand [5][6] - The probiotic market in Saudi Arabia is growing at 45% annually, with TikTok helping a Chinese brand increase its penetration from 8% to 23% through educational content [6] Technological Empowerment: Innovations in Marketing - TikTok is leveraging technology to create a differentiated competitive advantage in Saudi Arabia, with AI digital hosts reshaping the live-streaming ecosystem and reducing human costs by 60% [8][9] - The introduction of AR virtual try-on technology has significantly increased average order values and reduced return rates for jewelry brands, demonstrating the effectiveness of innovative marketing strategies [8][9] - The "Virtual Mecca" project allows users to participate in pilgrimage digitally, generating $230 million in sales for related products, showcasing the potential of metaverse marketing [9] Ecosystem Development: Payment and Logistics Innovations - TikTok has made significant strides in building a localized payment system, increasing mobile payment adoption from 30% to 55% through innovative payment solutions [10] - Collaborations with logistics partners have improved delivery efficiency, reducing cold chain loss rates from 30% to 8%, addressing infrastructure challenges in Saudi Arabia [10] - Cultural decoding capabilities have become a core competitive advantage, enhancing viewer engagement and brand perception during marketing campaigns [10] Future Outlook: From Regional Market to Global Hub - TikTok's e-commerce in Saudi Arabia is at a historic turning point, with projections of 100 million inbound tourists by 2027, indicating immense potential for duty-free e-commerce [13] - The upcoming 2030 World Expo and 2034 World Cup are expected to create a trillion-dollar market for Chinese engineering and smart security firms, further integrating digital economy with national strategy [13] - The convergence of TikTok's algorithmic recommendations with Saudi Arabia's youthful demographic and China's manufacturing supply chain is forming a new ecosystem that transcends traditional trade [13]

来源：环球网 9月24日，2025中国国际信息通信展览会在北京国家会议中心启幕，展会以"数实融合新引擎 智启未来 新动能"为主题，全面展现信息通信业在数智基础设施、数智技术创新、数智融合应用、数智社会治理 等方面的实践成果。作为中国移动旗下数字金融领域的创新先锋，中移动金融科技有限公司（简称"中 移金科"）携元宇宙虹膜支付解决方案重磅亮相，定义未来支付新范式。 展会现场，中移金科虹膜支付沉浸式体验区，让用户直接体验虹膜支付全流程。虹膜支付系统是通过识 别人眼虹膜生物特征完成支付验证的技术方案，将生物特征识别技术、支付技术及元宇宙技术进行融合 创新，实现元宇宙场景快捷、智能、安全的沉浸式支付体验。由于虹膜纹理具有终身唯一性，被复制概 率低于指纹识别三个数量级，因此其安全性远高于传统支付方式。 据现场业务人员介绍，"虹膜支付的安全系数远高于传统的密码支付，虹膜支付的误识率远低于人脸支 付与指纹支付，达到百万分之一以下。"虹膜支付相比于其他传统支付方式具有四大优势。一是安全性 更高：安全系数远远高于传统的密码支付、指纹支付等方式；二是精确性更强：虹膜纹理结构非常复杂 使得虹膜支付能力具有极高的准确性；三是便捷性更佳 ...

Core Viewpoint - The company, Huakai Yibai Technology Co., Ltd., is experiencing fluctuations in stock performance and is focusing on cross-border e-commerce and advanced technologies like AIGC and VR to enhance its business operations and revenue streams [2][3]. Company Overview - Huakai Yibai was established on February 23, 2009, and listed on January 20, 2017. The company specializes in spatial environment art design and provides comprehensive exhibition services for large exhibition halls, with a primary focus on cross-border e-commerce [7]. - As of June 30, the company had 19,300 shareholders, a decrease of 1.21% from the previous period, with an average of 18,214 circulating shares per person, an increase of 2.50% [7]. Financial Performance - For the first half of 2025, the company achieved a revenue of 4.538 billion yuan, representing a year-on-year growth of 28.97%. However, the net profit attributable to shareholders decreased by 72.69% to 36.7405 million yuan [7]. - The company's main revenue sources are cross-border e-commerce business (92.16%), comprehensive services for cross-border e-commerce (7.71%), and other business income (0.18%) [7]. Market Activity - On September 26, the company's stock price fell by 1.45%, with a trading volume of 99.2039 million yuan and a turnover rate of 2.58%, resulting in a total market capitalization of 4.408 billion yuan [1]. - The stock has shown signs of accumulation, but the strength of this accumulation is weak, with an average trading cost of 11.51 yuan and a current price near a resistance level of 10.96 yuan [6]. Investment Themes - The company is leveraging multiple platforms and regions for its cross-border e-commerce operations, primarily targeting Europe and North America [2]. - The integration of AIGC technology in its self-developed systems aims to reduce labor costs and improve operational efficiency [2]. - The company is actively exploring VR technology for exhibition purposes, focusing on environmentally friendly design and the integration of VR content creation [2]. Shareholder and Dividend Information - Since its A-share listing, the company has distributed a total of 154 million yuan in dividends, with 136 million yuan distributed over the past three years [8]. - As of June 30, 2025, Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [8].

Core Insights - The article highlights the emergence of advanced technologies such as AI fraud prevention, iris payment systems, and earthquake early warning systems showcased at the China International Information Communication Exhibition held in Beijing [1] Group 1: Technology Applications - AI fraud prevention technology can automatically identify scam calls and provide real-time risk alerts during conversations, generating a risk analysis report post-call [4] - The iris payment system integrates biometric recognition and VR technology, allowing users to select products and complete transactions with gestures and eye blinks in a metaverse supermarket [3] - A 5G+AI industrial platform features robotic systems for inspection and quality control, demonstrating the application of AI in manufacturing processes [5] - The earthquake early warning system, the largest of its kind globally, utilizes communication networks and tower resources to enhance disaster response capabilities [6] Group 2: Policy and Development - The Ministry of Industry and Information Technology is implementing policies to accelerate the integration of advanced technologies into daily life, promoting innovation and industrial application [7] - The Chief Engineer of the Ministry emphasized the need to enrich the 5G-A product system, advance 6G technology research, and foster a new generation of information technology innovations, including AI, quantum information, and blockchain [9] - There is a focus on deepening the integration of information technology and industrialization, promoting the development of industrial internet applications, and expanding the use of information communication technology in smart cities and digital rural areas [11]

转自：龙头新闻·黑龙江日报 25日，第四届全球数字贸易博览会上，黑龙江省商务厅获全球数字贸易博览会先锋奖（简称"DT")"最佳 组织奖"，哈尔滨四福科技有限公司的"元宇宙农贸大集"项目同期获DT"新锐奖"。 全球数字贸易博览会（数贸会）是国内唯一以数字贸易为主题的国家级、国际性展会。DT奖由浙江省 国际会议展览业协会组织评选，旨在表彰数字贸易领域的创新成果与实践。 颁奖仪式现场 黑龙江省商务厅获DT"最佳组织奖" 哈尔滨四福科技有限公司的"元宇宙农贸大集"项目获DT"新锐奖" 黑龙江省商务厅电子商务处副处长于鑫介绍，省商务厅将以本次数贸会为纽带，持续组织好我省优质数 字贸易、跨境电商、人工智能、电子商务企业与国内外展商贸易合作，助力企业拓展业务版图，促进我 省数字贸易创新发展。 哈尔滨四福科技有限公司是一家专注于能源、政务、农业等多领域的高新技术企业，提供互联网、物联 网及云计算一站式解决方案。公司拥有多项自主知识产权，包括3项授权发明专利、1项实用新型专利、 2项受理发明专利及13项软件著作权。 "元宇宙农贸大集"项目是基于数字技术打造线上虚拟集市，用户可通过虚拟形象沉浸式逛街、实时交流 并选购农产品。该项 ...

Group 1 - The article highlights the emergence of advanced technology applications such as AI fraud prevention, iris payment systems, and earthquake early warning systems showcased at the China International Information and Communication Exhibition [1][2] - The iris payment system, which integrates biometric recognition and VR technology, boasts a recognition error rate of less than one in a million, significantly outperforming traditional password payments [1] - An AI fraud prevention model embedded in mobile phones can automatically identify scam calls with an accuracy rate of 90%, providing real-time risk alerts during calls and generating risk analysis reports post-call [1][2] Group 2 - The industrial sector is leveraging a 5G+AI intelligent platform where robots perform tasks such as inspection and sorting, all managed through a centralized control system [1] - The earthquake early warning system in China is the largest globally, utilizing communication networks and tower resources to ensure rapid data transmission to the national earthquake bureau [2] - The earthquake intensity meter can transmit data to the China Earthquake Administration's server within seconds, enhancing the speed of national alerts [2]

根据备忘录的约定，灯塔工作室已经获得华特迪士尼公司的授权在全球范围内开发、生产和展示"迪士 尼动画沉浸式体验"以及授权第三方开展相关业务的权利，灯塔工作室同意授权本公司与北京好通公司 共同在中国大陆地区最多5个城市推广和运营"迪士尼沉浸式体验馆"。各方并同意将该项目的运营权授 予一间香港公司，噜噜啦啦有限公司(Lululala.,Ltd.)。该备忘录所述授权尚需华特迪士尼公司最终批 准。 格隆汇9月25日丨比特元宇宙(08645.HK)公告，公司与灯塔沉浸式工作室(Lighthouse Immersive Studios TouringInc.，"灯塔工作室")及北京好通文化有限公司(Haotoon Co.,Ltd.,"北京好通公司")已签订一份授权 备忘录，内容涉及"迪士尼动画沉浸式体验"项目在中国大陆地区的运营和推广的合作事宜。 董事会认为迪士尼是国际知名品牌，本次公司能够与北京好通公司获得授权在中国运营"迪士尼沉浸式 体验馆"的授权，体现了集团元宇宙业务的市场运营能力和品牌推广能力。集团将继续致力于拓展基于 光影技术的更多的沉浸式体验等元宇宙业务，提升比特元宇宙的品牌价值和影响力。 ...

比特元宇宙(08645)发布公告，公司与灯塔沉浸式工作室(Lighthouse Immersive Studios Touring Inc.，"灯 塔工作室")及北京好通文化有限公司(Haotoon Co.,Ltd.,"北京好通公司")已签订一份授权备忘录，内容涉 及"迪士尼动画沉浸式体验"项目在中国大陆地区的运营和推广的合作事宜。 根据备忘录的约定，灯塔工作室已经获得华特迪士尼公司的授权在全球范围内开发、生产和展示"迪士 尼动画沉浸式体验"以及授权第叁方开展相关业务的权利，灯塔工作室同意授权公司与北京好通公司共 同在中国大陆地区最多5个城市推广和运营"迪士尼沉浸式体验馆"。各方并同意将该项目的运营权授予 一间香港公司，噜噜啦啦有限公司(Lululala.,Ltd.)。该备忘录所述授权尚需华特迪士尼公司最终批准。 董事会认为迪士尼是国际知名品牌，本次公司能够与北京好通公司获得授权在中国运营"迪士尼沉浸式 体验馆"的授权，体现了集团元宇宙业务的市场运营能力和品牌推广能力。集团将继续致力于拓展基于 光影技术的更多的沉浸式体验等元宇宙业务，提升比特元宇宙的品牌价值和影响力。 ...

智通财经APP讯，比特元宇宙(08645)发布公告，公司与灯塔沉浸式工作室(Lighthouse Immersive Studios Touring Inc.，"灯塔工作室")及北京好通文化有限公司(Haotoon Co., Ltd.,"北京好通公司")已签订一份授 权备忘录，内容涉及"迪士尼动画沉浸式体验"项目在中国大陆地区的运营和推广的合作事宜。 董事会认为迪士尼是国际知名品牌，本次公司能够与北京好通公司获得授权在中国运营"迪士尼沉浸式 体验馆"的授权，体现了集团元宇宙业务的市场运营能力和品牌推广能力。集团将继续致力于拓展基于 光影技术的更多的沉浸式体验等元宇宙业务，提升比特元宇宙的品牌价值和影响力。 根据备忘录的约定，灯塔工作室已经获得华特迪士尼公司的授权在全球范围内开发、生产和展示"迪士 尼动画沉浸式体验"以及授权第叁方开展相关业务的权利，灯塔工作室同意授权公司与北京好通公司共 同在中国大陆地区最多5个城市推广和运营"迪士尼沉浸式体验馆"。各方并同意将该项目的运营权授予 一间香港公司，噜噜啦啦有限公司 (Lululala., Ltd.)。该备忘录所述授权尚需华特迪士尼公司最终批准。 ...