Group 1 - The 138th Canton Fair showcased innovative products, including smart electric luggage and intelligent assistive exoskeletons, attracting significant interest from international buyers [2][4][8] - The exhibition area reached 520,000 square meters with over 25,000 booths, and the number of overseas buyers exceeded 69,000 on the first day, indicating a potential record high for foreign attendance [4][36] - Airwheel, a company specializing in smart luggage, reported a surge in orders, with over 1,000 sample units shipped and more than 20 potential clients expressing interest in exclusive agency agreements [7][36] Group 2 - The intelligent assistive exoskeletons gained popularity among foreign buyers, with many expressing immediate intent to purchase without inquiring about prices [8][10] - Jianghua Company showcased a unique tape measure with patented technology, selling for $30 in the U.S. market, highlighting the company's focus on high-quality, innovative tools [13][15] - Fenghai Company introduced a new seawater desalination technology that significantly reduces costs to approximately 6 yuan per ton, leveraging renewable energy sources [18][21] Group 3 - Beifa Group, known as the "Asian Pen King," presented its AI devices at the fair, reporting a monthly shipment of over 10,000 units and aiming to transform into an advanced manufacturing entity [24][27] - The fair is perceived as a global innovation hub, reflecting China's advancements in technology and manufacturing capabilities, with foreign buyers increasingly focused on quality and innovation rather than just price [28][32]

Core Viewpoint - Chinese brands are transitioning from "going out" to "going in," emphasizing localized operations and marketing capabilities as key to success in international markets [2][4]. Group 1: Market Trends - In 2024, China's cross-border export scale is projected to reach 2.15 trillion RMB, a 16.9% increase from 2023, indicating sustained double-digit growth [4]. - The focus for Chinese brands has shifted from mere sales to long-term value creation, addressing how brands can be understood and trusted by overseas consumers [4][5]. - Global consumers increasingly demand personalized and diverse products, with 87% willing to pay a premium for trusted brands [4]. Group 2: Localization Strategies - Successful localization requires brands to adapt from "functional matching" to "cultural adaptation," tailoring product narratives to different markets [10]. - Marketing localization involves using local languages and cultural symbols to engage consumers, shifting from a self-centered narrative to a collaborative approach with consumers [12]. - Organizationally, brands are moving towards establishing localized teams to enhance operational effectiveness and consumer engagement [14]. Group 3: Consumer Trust - Consumer trust is identified as the ultimate indicator of successful localization, with 28% of overseas consumers citing unfamiliarity and lack of trust as reasons for not choosing Chinese brands [17]. - Building trust requires consistent delivery, service, and communication, creating a "reasonable presence" in consumers' minds [17]. Group 4: Case Studies - The "Sailor Star Plan" showcases various Chinese brands' localized strategies, highlighting the importance of understanding local cultures and consumer preferences [21][28]. - Heybike adjusted its marketing focus from performance to sustainable urban mobility to resonate with European consumers [22]. - Chef Power redefined its brand image in North America by positioning itself as a "modern kitchen partner," moving away from the "Made in China" label [24]. - Letaya utilized consumer insights to create relatable content, enhancing engagement by addressing installation ease for its steel furniture [26]. Group 5: Systematic Support - The collaboration between Amazon Advertising and Amazon Global Selling provides a comprehensive support system for brands, emphasizing the importance of understanding consumer behavior and building brand assets [31][35]. - This partnership enables brands to leverage data for insights, allowing for tailored marketing strategies that resonate with local consumers [35].

香港交易及結算所有限公司、香港聯合交易所有限公司及證券及期貨事務監察委員會對本申請版本的內容 概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本申請版本全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Chongqing Afari Technology Co., Ltd. 重慶千里科技股份有限公司 （「本 公 司」） （於中華人民共和國註冊成立的股份有限公司） 的申請版本 警 告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）及證券及期貨事務監察委員會（「證監會」）的要求而 刊發，僅用作提供資訊予香港公眾人士。 本申請版本為草擬本，當中所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即表示 閣 下 知悉、接納並向本公司、其聯席保薦人、整體協調人、顧問或包銷團成員表示同意： 於本公司招股章程根據香港法例第32章公司（清 盤 及 雜 項 條 文）條 例 呈 交 香 港 公 司 註 冊 處 處 長 登 記 前，不 會 向 香 港 公 眾 人 士 提 出 要 約 或 邀 請。倘 於 適 當 時 候 向 香 港 公 眾 人 士 提 出 要 約 或 邀 請，有 意 ...

Group 1 - The core point of the article is the appointment of Fu Qiang, former senior vice president of Didi, as the president of MOGOX, responsible for AI business strategy and implementation [1] - Fu Qiang has over ten years of experience in the smart mobility sector, having held various leadership positions in Didi and other companies [1] - His previous roles include General Manager of Didi's Quality Mobility Division, CEO of a ride-hailing company, CEO of the Urban Transport and Services Division, and COO of Manbang Group [1] Group 2 - Fu Qiang has led the scaling and global expansion of multiple core businesses and has been deeply involved in industry ecosystem construction and resource integration [1] - His expertise is expected to enhance MOGOX's strategic planning and execution in AI business [1]

Core Insights - The UAE has signed 28 Comprehensive Economic Partnership Agreements (CEPA) that enable Chinese companies to access over 2.5 billion consumers across Asia, Africa, and the Middle East [1][4]. Group 1: Economic Cooperation - The UAE and China are natural economic partners with shared priorities in innovation, infrastructure, and sustainable development [3]. - Both countries are aligning their strategic goals in areas such as artificial intelligence, advanced manufacturing, digital trade, and clean energy [3][4]. Group 2: Investment Opportunities - Abu Dhabi is positioned as a long-term gateway for Chinese investments, focusing on joint investments and industrial integration rather than mere transactional trade [4]. - The HELM life sciences cluster aims to generate $25.6 billion in revenue by 2045, attract $42 billion in investments, and create 30,000 jobs, with China being a key partner in biotechnology and AI [4]. Group 3: Energy Cooperation - The UAE is China's largest export market in the Middle East and the second-largest trading partner, with trade expected to exceed $100 billion in 2024 [5]. - Energy cooperation is shifting from commodity trade to strategic energy transformation, with opportunities in hydrogen, solar energy, and carbon capture [5]. Group 4: Trade Goals - China and the UAE aim to achieve $200 billion in bilateral trade by 2030, requiring both gradual growth and structural drivers such as new trade corridors and industry partnerships [6]. - Localizing industries in Abu Dhabi is seen as a key driver, with expected contributions of over $62.1 billion to GDP and the creation of over 120,000 jobs by 2045 from various economic clusters [6]. Group 5: Digital Infrastructure - The CEPA framework and trade policy coordination are expected to play transformative roles in enhancing trade relations [6]. - Digital infrastructure initiatives, including blockchain integration and AI customs clearance, are being developed to support seamless cross-border trade [6].

Core Points - The international standard proposal for "Safety and Privacy in Intelligent Mobility Services" has been officially initiated, marking the first global standard focused on privacy protection in the intelligent mobility sector [1][2] - This standard aims to establish a common framework for intelligent mobility service systems, addressing the relationships and data flows among drivers, passengers, and service providers, while outlining necessary security measures [1] - The successful establishment of this standard represents a significant breakthrough for China in the field of international standardization, enhancing its influence and voice in global privacy protection and information security standards [1] Industry Implications - The standard will fill the gap in privacy protection guidelines within the intelligent mobility sector, providing essential references for the standardization efforts in the global mobility field [1] - China plans to leverage its practical experience in intelligent mobility to actively participate in international standardization, converting domestic technical expertise and management models into universally applicable international rules [2] - The initiative aims to promote global collaboration in safety and privacy protection within the intelligent mobility sector by integrating advanced global concepts [2]

Core Points - The proposal for the international standard titled "Safety and Privacy of Intelligent Mobility Services," led by China, has successfully been established within the international cybersecurity standards organization, receiving support from multiple countries including Germany, France, and India [1] - This marks the initiation of the world's first international standard focused on privacy protection in the intelligent mobility sector [1] Summary by Categories International Standard Development - The international standard will be based on the technological routes and industry status of intelligent mobility services, aiming to regulate the general framework of intelligent mobility service systems, including the relationships and data flow among drivers, passengers, and service providers [1] - The successful establishment of this standard represents a significant breakthrough for China in the field of international standardization [1] Industry Impact - The standard fills a gap in privacy protection guidelines within the intelligent mobility industry, providing important references for the standardization construction in the global mobility sector [1] - It plays a crucial role in promoting the "Chinese solution" to the world and empowering the development of global intelligent mobility safety regulations [1]

Core Viewpoint - TaoTao Vehicle (301345.SZ) is advancing its global strategy by planning to issue H shares to enhance international brand influence and improve overseas financing capabilities [1] Group 1: Company Strategy - The company aims to create an international capital operation platform to further enhance its market position [1] - TaoTao Vehicle will consider the interests of existing shareholders and the conditions of domestic and foreign capital markets when deciding on the timing and issuance window for the H share listing [1] Group 2: Company Profile - TaoTao Vehicle is a high-tech enterprise focused on "new energy smart travel," primarily concentrating on smart electric low-speed vehicles and special vehicles [1] - The company’s product range includes electric golf carts, electric bicycles, electric scooters, and electric balance vehicles [1] - As of 2023, TaoTao Vehicle is listed on the Shenzhen Stock Exchange with a market capitalization exceeding 23.8 billion RMB [1]

Core Viewpoint - Taotao Automotive plans to issue H-shares and list on the Hong Kong Stock Exchange as part of its international capital operation strategy [1][2]. Group 1: Company Overview - Taotao Automotive focuses on new energy smart mobility, with products including electric low-speed vehicles and specialty vehicles such as electric golf carts, electric bicycles, electric scooters, and all-terrain vehicles [2]. - The founding team has nearly 20 years of experience in the North American market, establishing a localized operation system covering R&D, manufacturing, sales, and after-sales service [2]. - The company has a production capacity layout in "China + Southeast Asia + North America," with facilities in the United States, Vietnam, and Thailand [2]. Group 2: Financial Performance - In the first half of this year, Taotao Automotive achieved revenue of 1.713 billion yuan, a year-on-year increase of 23.19% [2]. - The net profit attributable to shareholders reached 342 million yuan, reflecting a significant year-on-year growth of 88.04% [2]. - The overall business development shows a continuous growth trend [2]. Group 3: Strategic Initiatives - Taotao Automotive is actively investing in advanced fields such as humanoid robots and autonomous driving technology, promoting the intelligent upgrade of its entire product line [2]. - The company has formed partnerships with K-Scale Labs in the U.S., Kepler Robotics in Shanghai, and Yushu Technology in Hangzhou to enhance its technological capabilities [2]. - Ongoing investments in R&D are aimed at building a global innovation network, with subsidiaries focusing on smart technology development [2].

Core Viewpoint - Taotao Automotive plans to issue H-shares and list on the Hong Kong Stock Exchange to support its international expansion and enhance capital strength [1][2] Group 1: Company Overview - Taotao Automotive focuses on new energy smart mobility, offering products such as electric golf carts, electric bicycles, electric scooters, and all-terrain vehicles [1] - The company has established a localized operation system in North America over the past two decades, covering R&D, manufacturing, sales, and after-sales services [1] - Taotao has a production capacity layout in China, Southeast Asia, and North America, with manufacturing bases in the U.S., Vietnam, and Thailand [1] Group 2: Financial Performance - In the first half of the year, Taotao Automotive achieved revenue of 1.713 billion yuan, a year-on-year increase of 23.19% [2] - The net profit attributable to shareholders was 342 million yuan, reflecting a significant year-on-year growth of 88.04% [2] - Sales revenue from smart electric low-speed vehicles reached 1.152 billion yuan, up 30.65%, while special vehicle sales revenue was 490 million yuan, increasing by 8.22% [2] Group 3: Strategic Initiatives - The company is actively exploring advanced fields such as humanoid robots and autonomous driving technology to drive the smart upgrade of its entire product line [2] - Strategic partnerships have been established with companies like K-Scale Labs and Kepler Robotics to enhance sales expansion and product development [2] - Ongoing investments in R&D aim to build a global innovation network, with domestic subsidiaries focusing on smart technology and large-displacement engines, while an overseas team in the U.S. connects with top international talent [2] Group 4: Future Prospects - The H-share issuance is seen as a crucial step for Taotao to enhance its capital strength and broaden financing channels for overseas capacity building and technology development [1][2] - Listing in Hong Kong is expected to facilitate access to international capital and accelerate the company's brand globalization efforts [1]