Core Viewpoint - The collaboration between international exhibition industry leaders and domestic companies in Shanghai aims to enhance the city's status as an "International Exhibition Capital" and stimulate new economic momentum in the exhibition sector [1][3][4]. Group 1: Industry Developments - Shanghai has achieved recognition for 41 exhibitions from the International Exhibition Industry Association (UFI), ranking first among major global exhibition cities [2]. - The UFI certification signifies the international quality of exhibitions, enhancing their global competitiveness [2]. - The Shanghai government emphasizes the importance of the exhibition industry in supporting the city's development goals, including the "Five Centers" initiative [2][4]. Group 2: Strategic Collaborations - The partnership between RX (Reed Exhibitions) and Donghao Lansheng aims to create new exhibition formats and enhance existing ones, focusing on sectors like renewable energy, artificial intelligence, and healthcare [3][4]. - Both parties are exploring opportunities to transform traditional comprehensive exhibitions into specialized, brand-focused events [3][4]. - The collaboration seeks to leverage data analytics to optimize experiences for exhibitors and attendees, enhancing overall value [4]. Group 3: Economic Impact - The exhibition economy is recognized as a key driver for urban economic development and enhancing city functions [4][5]. - Shanghai's action plan for 2023-2025 aims to cultivate internationally competitive exhibition groups and promote diversified growth among local companies [5][6]. - The city has hosted 252 exhibition events from January to May 2023, covering a total area of 6.96 million square meters, with international exhibitions accounting for 84.71% of the total area [7]. Group 4: Financial Performance - Donghao Lansheng Exhibition Group has announced a cash dividend of 2.20 yuan per 10 shares, reflecting its commitment to returning value to investors [6]. - The company has maintained a cash dividend ratio exceeding 50% for five consecutive years since its restructuring and listing in 2020 [6].