Group 1 - The core investment themes for the next five years include technology, metals and mining, passion investments, ASEAN and Chinese markets, and biotechnology [9][30][40] - The technology sector is expected to continue its growth, but current valuations are high [9] - The metals and mining sector may experience explosive growth due to potential metal shortages, particularly in uranium, silver, and platinum [30] - Passion investments, which are assets that do not involve technological iteration and have limited supply, are likely to see significant price increases during periods of innovation [33] - The ASEAN and Chinese markets are projected to prosper, with Chinese innovation capabilities rapidly advancing [36][38] Group 2 - Generative AI is anticipated to be a major source of profit in future society, with its effective compute power increasing exponentially [10][19] - The growth of AI has been exponential, with effective compute power increasing by 100,000 times from 2019 to 2023, and expected to maintain this growth rate until 2028 [13] - The application of generative AI in various industries, such as banking and pharmaceuticals, is expected to create strong business barriers [20] Group 3 - Approximately 80% of jobs are predicted to be completed by intelligent robots by 2050, with significant advancements in physical AI and reasoning AI [22][29] - The cost of producing robots is significantly lower than the cost of training a human worker, leading to a potential shift in labor dynamics [28] - The emergence of personal AI and innovative AI is expected to reshape various sectors, including education and software development [24][25] Group 4 - The biotechnology sector is currently undervalued compared to the AI sector, with a price-to-earnings ratio of about 10-11 times for international biotech ETFs [40] - AI is significantly reducing research and development costs in biotechnology, leading to a rapid increase in the discovery of new molecules [42] - The sector is expected to see a surge in new products, including cancer vaccines and personalized medical services [42] Group 5 - The Asian markets, particularly China, are showing significant potential for growth due to their innovation capabilities and favorable economic conditions [36][38] - The current valuation of the Chinese stock market is below historical averages, indicating potential for significant upward movement [38] - The influx of capital from bank deposits into the stock market is expected to drive a strong rebound in Chinese equities [37]

Group 1 - The company has approved the acquisition of approximately 55% equity in Nanjing Zerui Longxiang Supply Chain Management Co., Ltd. for a nominal price of RMB 1 through its wholly-owned subsidiary Fulton Asia Investment Limited [1] - Following the acquisition, the target company will become a non-wholly owned subsidiary of the company, and its financial performance will be consolidated into the company's financial statements [1] - The target company is currently held by Hainan Miaofa, Nanjing Runhuang, and Huang Ziyu, with respective ownership stakes of approximately 62%, 33%, and 5% [1] Group 2 - The acquisition aligns with the company's strategy to vertically integrate its food and beverage sales and distribution capabilities, enhancing control over its supply chain and sales channels [2] - The target company has already become a distribution partner for the company's food and beverage products, allowing for strategic flexibility in platform development [2] Group 3 - The platform operates as a decentralized autonomous organization (DAO) e-commerce platform, featuring blockchain integration, AI-enhanced content creation, and a unique three-hash verification mechanism [3] - The board believes that possessing a technology-driven distribution channel is crucial for attracting end customers and maintaining competitive advantages in food, beverage, and restaurant sales [3] Group 4 - The acquisition is expected to generate synergies, including cost efficiencies from streamlined operations, improved profit retention rates, and enhanced cross-selling opportunities between the group's restaurant and food and beverage distribution segments [4] - By owning the platform, the company will gain direct access to customer data and insights, enabling more precise marketing and product development [4] - These benefits are anticipated to positively contribute to the company's revenue growth and profitability, creating long-term value for shareholders [4]