Core Viewpoint - The ChinaJoy event showcased a wide range of cutting-edge technologies and innovative products in the gaming and entertainment industry, highlighting advancements in display technology and gaming hardware [1][62]. Group 1: TCL Innovations - TCL presented the QD-Mini LED TV, a 98-inch model featuring fourth-generation LCD technology for an edge-to-edge viewing experience [2]. - TCL Huaxing introduced several printed OLED products, including a 14-inch printed OLED panel with a resolution of 1920 × 1200, designed to minimize image artifacts [4]. - The company also showcased a 16-inch 2.5K printed OLED display with a resolution of 2560 × 1600 and a 27-inch 4K printed OLED monitor with a resolution of 3840 × 2160 [6][8]. Group 2: Gaming Hardware - Various brands, including Lenovo, ASUS, and AOC, displayed high-refresh-rate gaming monitors, with Lenovo's Legion Y9000P laptop featuring a 240Hz refresh rate [21][23][29]. - ASUS showcased curved gaming monitors with native refresh rates of 280Hz, while AOC presented a custom monitor for "Counter-Strike 2" with a 310Hz refresh rate [25][27]. - MSI introduced a handheld gaming device, the CLAW 8, designed with ergonomic features and a high-refresh-rate screen [39]. Group 3: Display Technology Trends - The event highlighted a trend towards high refresh rates and resolutions, with products like the 480Hz OLED monitor from Sony and the 330Hz refresh rate of Hisense's E8Q Pro [62]. - Mini LED technology was prominently featured by brands such as TCL, Hisense, and Samsung, while printed OLED technology was emphasized by TCL Huaxing [62]. - The emergence of innovative display forms, such as AR glasses from TCL and handheld gaming devices from MSI, indicates a shift towards more diverse smart devices in the industry [62][63]. Group 4: Industry Collaboration - The event underscored the increasing collaboration within the industry, exemplified by TCL Huaxing's partnerships with multiple terminal brands to showcase their panel technology [63].

Core Viewpoint - The naked-eye 3D technology has achieved significant breakthroughs in optical technology, dynamic eye-tracking systems, and artificial intelligence algorithms, leading to its rapid commercialization and widespread application across various sectors such as advertising, creative design, medical imaging, education, and digital entertainment [1][16]. Industry Overview - Naked-eye 3D displays utilize the parallax effect of human vision to create realistic three-dimensional images without the need for auxiliary devices [3]. - The industry consists of four components: 3D display terminals, playback software, production software, and application technology, integrating various high-tech fields [3]. Market Growth - The Chinese naked-eye 3D display market is projected to reach approximately 2.991 billion yuan in 2024, with an expected growth to 9.555 billion yuan by 2033, reflecting a compound annual growth rate (CAGR) of 13.77% [1][16]. - The global naked-eye 3D display market is estimated to be around 1.2 billion USD in 2024, with a forecasted increase to 3.5 billion USD by 2033, indicating a CAGR of 12.63% [14]. Technology and Development - The main technologies used in naked-eye 3D displays include barrier technology and lenticular lens technology, each with its advantages and limitations [5][6]. - The industry has undergone four development phases since the 21st century, from technological exploration to market expansion, with significant milestones achieved by companies like BOE and Lenovo [7][14]. Industry Chain - The upstream of the naked-eye 3D display industry includes raw materials such as optical materials and display panels, while the midstream focuses on production and integration [10]. - The downstream applications encompass consumer electronics, commercial displays, professional fields, and emerging scenarios like the metaverse [10]. Competitive Landscape - The industry features a diverse competitive landscape, with companies like BOE and TCL leading in panel manufacturing, while Lenovo establishes a foothold in the consumer market with its ThinkVision series [18]. - Domestic manufacturers emphasize cost-effectiveness and localized services, differentiating themselves from international competitors like Sharp and Samsung [18]. Future Trends - The industry is witnessing a shift towards high-resolution and large-screen applications, with advancements in 8K ultra-high-definition naked-eye 3D technology [24]. - There is a growing integration of naked-eye 3D technology with VR/AR, creating new immersive experiences across various sectors, including education and healthcare [25][26].

Group 1 - Tencent Games has launched the prototype of the naked-eye 3D gaming handheld device, Sunday Dragon 3D One, and initiated the "Naked-Eye 3D Gaming Handheld Experience Officer Program" to explore the application potential of naked-eye 3D technology in gaming and interactive entertainment [1] - The naked-eye 3D technology has gained widespread application across various fields due to its unique advantage of providing a stereoscopic visual effect without the need for any auxiliary devices. The growing demand for enhanced visual and immersive experiences in gaming and film is a significant driver of the rapid development of the naked-eye 3D display market [1] - According to a report by Zhongyan Puhua Research Institute, the market size of naked-eye 3D devices in China is expected to reach 15 billion RMB by 2025 and exceed 30 billion RMB by 2030, with a compound annual growth rate (CAGR) of 17.8%. Naked-eye 3D is anticipated to gradually reshape visual interaction methods and become a revolutionary direction in display technology over the next 3-5 years [1] Group 2 - Fengyuzhu focuses on digital display technology and has expertise in naked-eye 3D, holography, and virtual reality, providing immersive experience centers for companies like Huawei [1] - Su Dawei Ge is leading a national key project in the naked-eye 3D field, "Ultra-thin Wide-Angle Vector Light Field Display Technology and System," which will further promote the generational development of the company's new display technologies, particularly in naked-eye 3D [2]

Group 1: 3D Technology - Tencent Games has launched a prototype of a naked-eye 3D gaming handheld device, Sunday Dragon 3D One, and initiated an experience officer program to explore the potential of naked-eye 3D technology in gaming and interactive entertainment [1] - The naked-eye 3D display market is expected to grow rapidly due to increasing user demand for enhanced visual and immersive experiences in gaming and film, with a projected market size of 15 billion RMB by 2025 and over 30 billion RMB by 2030, reflecting a CAGR of 17.8% [1] Group 2: Biodegradable Materials - The State Council has amended the "Interim Regulations on Express Delivery" to promote green, reduced, and recyclable packaging, encouraging the use of biodegradable materials starting June 1, 2025 [2] - The demand for biodegradable packaging is expected to rise significantly due to the increasing volume of express delivery, projected to reach 175 billion packages in 2024, leading to nearly 20 million tons of packaging waste [2] Group 3: Instrumentation and Measurement - The State Administration for Market Regulation has issued a plan to tackle key technical challenges in measurement testing, focusing on enhancing measurement technology innovation and capabilities [3] Group 4: Nuclear Power - The U.S. government aims to test and deploy new nuclear reactors by January 2029, with commercial nuclear fusion expected to become a reality around 2030 [4] - The nuclear fusion sector is experiencing accelerated development, with significant project tenders occurring in China, indicating a positive outlook for related equipment suppliers [4] Group 5: Autonomous Logistics Vehicles - L4 autonomous logistics vehicles are being rapidly adopted in controlled environments like ports and industrial parks, with significant market interest and financing for companies involved in this technology [5] - The market for unmanned delivery vehicles in China is expected to exceed 50 billion RMB by 2025, driven by a 21.6% growth in the express delivery sector in Q1 2025 [5] Group 6: Rare Earth Elements - Tesla has been rated "overweight" by Morgan Stanley, with a target price of $410, as humanoid robots are expected to significantly increase demand for rare earth metals, potentially adding $800 billion to the demand for critical minerals by 2050 [6] - The rare earth market is anticipated to see price increases as supply becomes more concentrated, with humanoid robots expected to enter mass production by 2025 [6] Group 7: Macro and Industry News - The National Bureau of Statistics is developing policies to foster a unified national data market [6] - The Ministry of Commerce has communicated with semiconductor companies in Europe regarding rare earth export control policies to maintain global supply chain stability [6] - State-owned enterprise profits totaled 1.349 trillion RMB from January to April, a year-on-year decrease of 1.7% [6]

Group 1: Financial Performance - The company reported a revenue of HKD 499 million for the year ending December 31, 2024, representing a year-on-year increase of 62.46% [1] - The loss attributable to shareholders was HKD 252 million, which widened by 14.13% compared to the previous year [1] - The loss per share was HKD 1.54 [1] Group 2: Product Development and Partnerships - In 2024, the company collaborated with China Mobile to launch the Coolpad Y70Lite and the Daguang 3 series smartphones, with the Daguang 3 series featuring naked-eye 3D technology [1] - The company co-founded the Naked-eye 3D Industry Alliance and the Terminal Intelligent Body Alliance with China Mobile to promote the development and market application of naked-eye 3D technology [1] - New smartphone models such as Cool50 and Cool60 were introduced on e-commerce platforms [1] Group 3: International Expansion - The company experienced rapid expansion in overseas markets in 2024, focusing on high-growth global markets and covering mid-to-low price segments [2] - The company successfully entered over 20 countries or regions, including the Middle East, Eastern Europe, Asia, and Latin America [2] - The company developed distribution channels through offline agents and expanded its presence on over ten cross-border e-commerce platforms, including SHEIN, TIKTOK, and Lazada [2] Group 4: Product Ecosystem and Diversification - The company is committed to diversifying its ecosystem products, with a product line that includes cloud tablets, mobile accessories, smart wearables, health monitoring devices, smart security products, and more [2] - The company offers a wide range of over ten product categories to provide consumers with diverse choices [2] Group 5: Research and Development - The company has a strong technical foundation with significant technology accumulation and patent authorizations [3] - In 2024, the company focused on differentiated products, emphasizing the application of AI and 3D technology in its offerings [3] - The company actively supports the OpenHarmony community, contributing over 400,000 lines of core code and integrating OpenHarmony advantages into its COOLOS system for improved user experience [3]