Core Viewpoint - The article announces the first Beijing Summit organized by Bloomberg New Energy Finance (BNEF) on March 20, 2025, focusing on the key challenges and opportunities in achieving net-zero transformation in China and globally [1]. Event Details - The summit will gather over 300 industry leaders, investment experts, and policymakers to discuss the future direction of energy development and promote sustainable growth in the energy sector [1]. - Registration for the summit will close on March 14, 2025 [1]. Agenda Highlights - The event will feature a welcome address by Jon Moore, CEO of BNEF, followed by discussions on reshaping the power system and insights into China's energy transition towards 2030 [2][3]. - A roundtable discussion will focus on global opportunities in energy transition, featuring analysts from BNEF specializing in wind, battery technology, and photovoltaics [3]. - Sessions will cover the future of China's oil and gas industry, clean energy prospects, and the potential of hydrogen energy [4][5][6]. - The agenda includes discussions on the short-term outlook for the Chinese and global oil markets, as well as the challenges and opportunities in liquefied natural gas imports [7][8]. Networking Opportunities - The event will conclude with a networking reception, providing attendees with the chance to connect and discuss insights from the summit [9].

Core Viewpoint - The global capital markets are expected to navigate through a period of differentiation and reversal in 2024, with A-shares driven primarily by valuation, while Hong Kong and Chinese concept stocks rely more on earnings support [3][5] Group 1: Market Strategies - In the face of a chaotic market, balanced allocation to hedge risks and focusing on individual stocks will be the core strategy for 2025 [3][5] - Strategic focus should be on truly strategic directions, while tactical approaches should concentrate resources on significant opportunities amidst differentiation [3][5] - The supply-side logic remains a crucial basis for identifying opportunities [3] Group 2: Global Industry Transformation - AI is identified as a core driver of global industrial transformation, with hardware and software mutually reinforcing each other, albeit at different paces [3][11] - AI is expected to profoundly change production and daily life, necessitating a focus on global internet/software exploration and efficiency optimization investments by Chinese companies [3][11] Group 3: Market Performance Insights - The Chinese concept stock market showed a flat performance in 2023 and 2024, with a slight decline of 3% and a rise of 4%, but experienced significant volatility with multiple instances of over 20% fluctuations [5] - The London market, despite a lackluster overall performance, has seen some companies in differentiated competitive sectors perform well [5][6] Group 4: Investment Logic Across Markets - A-shares are characterized by a wide variety of industry and company choices, while Hong Kong stocks offer opportunities in high-margin, quality large companies [9] - Chinese concept stocks are noted for their rapid growth in niche sectors, and overseas markets are focused on core value creators and rule-makers in the global supply chain [9] Group 5: Investment Strategies - The investment strategy since 2023 has been to seek resilient growth amidst a weak recovery, emphasizing internal growth over macroeconomic judgments [9] - Key sectors of focus include commercial infrastructure, consumer goods, bulk resources, and technology hardware/software, with an emphasis on companies with strong cash flow growth and sustainable profitability [9][10]

Core Viewpoint - The global capital market in 2024 is expected to navigate through differentiation and reversal, with A-shares driven by valuation and Hong Kong stocks and Chinese concept stocks relying more on earnings support. A balanced allocation to hedge risks and a focus on individual stocks will be the core strategy for navigating the "chaotic market" in 2025 [2][4]. Group 1: Market Outlook - The market is anticipated to be filled with uncertainties in 2025, necessitating concentrated investments in companies with strong competitive advantages as a means to combat market chaos [4][5]. - The Hong Kong stock market is characterized by significant individual opportunities, despite the index showing little return over the years. The focus should be on specific industry and company opportunities rather than the overall market [6]. Group 2: Investment Strategies - The investment strategy emphasizes a "weak recovery" approach, seeking resilient growth while minimizing macroeconomic judgments and focusing on companies with internal growth potential [8][9]. - Four key sectors for investment include: 1. Commercial Infrastructure: Focus on companies with high barriers to entry and reasonable valuations [9]. 2. Consumer Sector: Target companies with improved competitive landscapes and resilient demand [9]. 3. Bulk Resources: Monitor macroeconomic conditions and companies' sustainable profitability [11]. 4. Technology Hardware and Software: Observe breakthroughs in AI and the pricing power of companies in a weak recovery environment [11][12]. Group 3: AI and Technological Transformation - AI is identified as a core driver of global industrial transformation, with significant capital investment expected in the coming years. The relationship between hardware and software is crucial, with both elements enhancing each other [12][14]. - The current stage of AI development is likened to the early adopters' market, presenting both opportunities and challenges for investment [14].

As filed with the Securities and Exchange Commission on October 28, 2024. (Translation of Registrant's name into English) Cayman Islands 3533 Not Applicable (State or other jurisdiction of incorporation or organization) Registration No. 333-282433 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 (Amendment No. 1) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Leishen Energy Holding Co., Ltd. (Exact name of registrant as specified in its charter) Not Applicable (Prima ...