Core Insights - The CENI (Future Network Experimental Facility) is China's first major national scientific infrastructure in the field of communication and information, officially completed this year and supporting national strategic projects like the "East Data West Computing" initiative [1][2] - The CENI has attracted over 110 organizations to participate in open experimental solicitations, resulting in more than 140 innovation trial requests across various fields, including artificial intelligence and network operating systems [2] - The Jiangsu Future Network Innovation Research Institute has successfully supported over 10 national-level projects and has received multiple international and domestic awards for its innovative achievements [1][2] Group 1 - The CENI was established in 2011 and has become a key player in advancing next-generation internet technologies [1] - The facility has a computing power scale exceeding 100,000 PetaFLOPS, showcasing its significant capabilities [1] - Recent strategic collaborations were formed with Hong Kong Broadband Group and the Nanjing Zhongshan Notary Office to promote innovation and shared resources [1] Group 2 - CENI has completed 35 out of over 100 open experiments, yielding 78 various innovative results [2] - A successful random beacon generation technology platform has been implemented at the Nanjing Zhongshan Notary Office, serving over 3,000 commercial clients [2] - The Jiangsu Future Network Innovation Research Institute aims to further promote CENI's open sharing and fulfill its national responsibilities in advancing high-level technological independence [2]

Core Points - The article outlines the working rules of the Audit Committee of Beijing YH Tech Co., Ltd, emphasizing the importance of enhancing the board's decision-making function and ensuring effective supervision of the management team [1][2]. Group 1: General Provisions - The Audit Committee is established under the board of directors to communicate, supervise, and verify internal and external audits, reporting its work to the board [1]. - The committee is responsible for ensuring compliance with laws, regulations, and the company's articles of association [1]. Group 2: Composition of the Committee - The Audit Committee consists of three directors, including at least two independent directors, with one being a professional in accounting [2]. - The committee members must possess the necessary professional knowledge and experience to effectively supervise and evaluate audit work [2][3]. Group 3: Responsibilities and Authority - The main responsibilities of the Audit Committee include reviewing financial reports, supervising external and internal audits, and ensuring the accuracy and completeness of financial disclosures [4][5]. - The committee has the authority to propose the hiring or dismissal of external auditors and to oversee the internal audit department [6][7]. Group 4: Decision-Making Procedures - The Audit Committee meetings must have a quorum of at least two-thirds of its members present to make decisions [12]. - Decisions made by the committee require a majority vote and must be documented in writing [13][14]. Group 5: Reporting and Accountability - The Audit Committee is responsible for reporting any violations of laws or regulations by directors or senior management to the board or shareholders [10][11]. - The committee must ensure that any significant issues identified during audits are addressed and rectified in a timely manner [18].

Core Viewpoint - The article discusses the emergence and advantages of deterministic networks, highlighting their significance in various sectors such as healthcare, finance, and industrial applications, emphasizing their low latency, high reliability, and enhanced security features [1][2][5]. Group 1: Deterministic Network Overview - Deterministic networks are characterized by high bandwidth, low latency, low jitter, and high reliability, effectively addressing issues of congestion and delay in traditional networks [2]. - The network has achieved a latency jitter of 20μs and zero packet loss, making it suitable for critical applications like remote surgeries [1][5]. Group 2: Applications in Healthcare and Industry - Successful remote surgeries have been conducted using deterministic networks, where latency and jitter are controlled to imperceptible levels, significantly improving surgical success rates [5]. - In the chemical industry, deterministic networks enable real-time monitoring and rapid data transmission, reducing the risk of incidents by improving the efficiency of data reporting from minutes to seconds [6]. Group 3: Security Features - Deterministic networks provide enhanced security by isolating data within the network and implementing protective measures against cyber threats, ensuring sensitive data remains local and secure [4][5]. - The network's zero packet loss feature further ensures that data is transmitted without risk of loss, contributing to a secure and reliable data handling environment [4][10]. Group 4: Technological Innovations - The company has introduced the "Future Deep Computing Integrated Machine," which allows businesses to utilize computing power flexibly and cost-effectively, reducing hardware costs by over 50% [7][9]. - The "High-Performance Xingyuan AI Engine" integrates hardware, algorithms, and deterministic networks, making advanced AI technology accessible across various industries [10][13]. Group 5: Market Impact and Future Prospects - The deterministic network is reshaping the digital infrastructure landscape, enhancing efficiency, security, and accessibility in the digital economy [13]. - By addressing uncertainties in data transmission and lowering barriers to computing power, the company is facilitating a more inclusive and robust digital ecosystem [13].

Group 1: Core Concept - The article discusses the emergence and advantages of deterministic networks, which provide low latency, low jitter, and high security, addressing the challenges faced by traditional networks in critical sectors like finance and healthcare [1][2][4] Group 2: Deterministic Network Features - Deterministic networks are characterized by high bandwidth, low latency, low jitter, and high reliability, effectively solving issues of congestion and delay in data transmission [2][4] - The network achieves a latency jitter of 20μs and zero packet loss, making it suitable for applications requiring precise control, such as remote surgeries and industrial monitoring [1][5] Group 3: Applications in Various Industries - Successful remote surgeries have been conducted using deterministic networks, where latency and jitter are controlled to imperceptible levels, significantly improving surgical success rates [5] - In the chemical industry, deterministic networks enable real-time monitoring and rapid data transmission, enhancing safety and reducing risks associated with hazardous materials [6] Group 4: Technological Innovations - The company has developed the "Future Deep Computing Integrated Machine" and "High-Performance Star AI Engine," leveraging deterministic networks to provide flexible and cost-effective AI solutions [7][9] - The integrated machine allows businesses to rent computing power based on actual usage, reducing hardware costs by over 50% and enabling dynamic scaling according to demand [9][10] Group 5: Security and Data Management - Deterministic networks ensure sensitive data remains within local devices, employing a "data does not leave" model to mitigate risks of data leakage [4][10] - The high-performance Star AI Engine incorporates quantum encryption technology, ensuring that sensitive data is processed securely without external exposure [10][13] Group 6: Broader Impact on Digital Economy - The advancements in deterministic networks and associated technologies are reshaping the industrial ecosystem, promoting a more efficient, secure, and inclusive digital economy [13]

Core Viewpoint - Chengdu Hongce Hengzhi Building Materials Co., Ltd. has been established with a registered capital of 50,000 RMB, indicating a new player in the building materials industry [1] Company Summary - The legal representative of the company is Liu Yang [1] - The company’s business scope includes a wide range of services such as sales of building materials, network technology services, technical services, marketing planning, and cultural exchange activities [1] - Additional services offered include advertising design and production, professional design services, conference and exhibition services, and various retail and wholesale activities related to office equipment, household appliances, and furniture [1] Industry Summary - The establishment of this company reflects ongoing developments in the building materials sector, which encompasses various services and products [1] - The diverse range of services indicates a potential for cross-industry collaboration, particularly in technology and marketing sectors [1]

Group 1 - Wuhu Jinghui Technology Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The legal representative of the company is Wei Jiao [1] - The business scope includes technology services, development, consulting, and transfer, as well as various sales including daily necessities and non-medical masks [1] Group 2 - The company is involved in a wide range of activities such as technology intermediary services, laundry services, and internet sales [1] - The company can operate legally in areas not prohibited or restricted by laws and regulations [1]

Group 1 - Cisco confirmed a serious data breach incident involving user profile information on Cisco.com, discovered on July 24 [1] - Attackers used a sophisticated vishing attack to gain access to a third-party CRM system, compromising basic user account details such as names, organization names, email addresses, phone numbers, and assigned user IDs, but not passwords or sensitive internal data [1] - The incident highlights a dangerous trend in cybersecurity, with AI-enhanced vishing attacks increasing by 442% over the past year, and projections indicating that by 2025, 91% of cyber intrusions will start with phishing attacks [1] Group 2 - Security experts suggest that the attack on Cisco is likely part of a series of attacks targeting Salesforce platform customers, with similar incidents reported by companies like Qantas, Allianz, Louis Vuitton, and Adidas [2] - Google’s threat intelligence team attributed these attacks to a hacker group known as UNC6040, which typically impersonates IT support personnel and is linked to the notorious ShinyHunters ransomware group [2] - In response to the breach, Cisco has cut off the attackers' access, initiated a comprehensive investigation, and is communicating with data protection agencies while notifying affected users [2]

Core Viewpoint - The company ST Xiachuang (300300) plans to publicly transfer 20% of its equity in Guangdong Yuewuji Network Technology Co., Ltd. [1] Summary by Relevant Sections - **Equity Transfer Details** - The board of directors approved the proposal to transfer 20% equity of Guangdong Yuewuji Network Technology Co., Ltd. during the 14th meeting of the 5th board on July 24, 2025 [1] - The equity valuation report from Jiangsu Zhongqi Huazhong Tian Asset Appraisal Co., Ltd. estimates the value of the 20% equity at 10.7183 million yuan [1] - The minimum transfer price is set at 11 million yuan, which is not less than the valuation approved by the state-owned asset management department [1] - After the completion of the equity transfer, the company will no longer hold any equity in Yuewuji [1]

Group 1 - Despite a complex global trade environment, American companies are increasing their confidence and investment in the Chinese market, adopting a "long-termism" strategy to navigate challenges [1][3] - The appeal of China for American enterprises is attributed to its large market size and rapidly improving technological innovation capabilities, with significant advancements occurring in a much shorter timeframe compared to other countries [3][4] - Many American companies are establishing R&D facilities in China, which accelerates product iteration and promotes local innovation, making China an indispensable source of innovation for these companies [4][6] Group 2 - The current global economic uncertainty has made it crucial for multinational companies to find stable and inclusive development environments, with China being viewed as a significant certainty amidst this uncertainty [5][6] - The Chinese government is actively promoting high-level openness and mutual benefits, which instills confidence in foreign enterprises looking to integrate deeply into the Chinese market [6][7] - The collaboration between Chinese and American companies is expanding, with opportunities arising from Chinese enterprises' globalization, which is becoming a key growth driver for American firms [7]

Core Points - The case highlights significant corruption within an internet company, involving a user manager who exploited his position to engage in bribery and embezzlement related to virtual currency operations [1][2][3] - The total amount of illegal gains includes RMB 6.08 million in bribes and RMB 3.66 million in embezzled virtual currency, showcasing the scale of financial misconduct [1][2] - The court's ruling resulted in a total sentence of 12 years for the accused, marking it as one of the longest prison terms for corruption in the internet sector in recent years [2][3] Summary by Sections Case Overview - The case involves a user manager from a network technology company who engaged in corrupt practices from April 2014 to January 2019, leading to significant financial losses for the company [1] - The accused was found guilty of accepting bribes and embezzling funds through virtual currency transactions, ultimately leading to his arrest in February 2021 [1][2] Legal Proceedings - The court determined that the accused's actions constituted both bribery and embezzlement, with the total illegal amounts being substantial [2] - Following the initial ruling, the accused appealed, but the second court upheld the original sentence, which has now become final [2] Implications for the Industry - The case illustrates the vulnerabilities in the management and oversight of internet companies, particularly concerning virtual currency operations [3] - The complexity of electronic transactions and the digital nature of the assets involved made the corrupt activities difficult to detect, emphasizing the need for improved regulatory frameworks [3] - The case serves as a cautionary tale for the industry, highlighting the potential for significant financial misconduct when oversight is lacking [3]