Core Viewpoint - Miao Exhibition plans to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange to enhance its international strategy and optimize overseas business layout [2] Group 1: Company Strategy and Development - The company aims to accelerate its internationalization strategy, enhance overseas financing capabilities, and improve brand image through the H-share listing [2] - Miao Exhibition's chairman highlighted the core pain points for domestic companies in international exhibitions, including language barriers, inefficient customer management, and lack of overseas experience [2] Group 2: Technological Innovation - The self-developed "AI Hui Exhibition" system has achieved breakthroughs in six areas, including intelligent matching and translation, leveraging a database of 30 million global buyers [3] - The company collaborates with Li Weike Technology to develop AI glasses that integrate behavior sensing, multi-modal interaction, and data management capabilities, breaking down language and information processing barriers [3] Group 3: Financial Performance - In the first half of 2025, Miao Exhibition reported a revenue of 241 million yuan, a year-on-year decrease of 7.43%, and a net profit of 15.54 million yuan, down 61.84% [3] - In the second quarter, the company achieved a revenue of 224 million yuan, a year-on-year increase of 21.5%, and a net profit of 5.23 million yuan, up 45.7% [3] Group 4: Business Focus - The company focuses on planning, organizing, promoting, and operating overseas exhibitions, aiming to support domestic enterprises in going global [4]