Group 1 - OCTO Asset Management and Amplegest have established a wholly-owned subsidiary, OCTO GLOBAL TRADING PTE. LTD., in Singapore, marking the implementation of their "technology + finance + trade" integration strategy [1] - The subsidiary aims to create a global trade ecosystem focused on cross-border e-commerce, smart supply chains, and blockchain finance, providing a decentralized, transparent, and efficient new channel for global SMEs [1][3] - The company plans to develop a three-in-one operational system combining trade, finance, and blockchain, with initial investments in a global marketplace, smart supply chain network, trade finance solutions, and a blockchain system for transaction transparency [3] Group 2 - Singapore is positioned as an ideal hub for OCTO, offering favorable policies and port resources, and has been selected for the Monetary Authority of Singapore's FSTI 3.0 program, which provides up to 50% funding for technology research and development [5] - The company is collaborating with institutions like National University of Singapore, MIT, and Tsinghua University to establish AI and blockchain laboratories, and plans to work with international organizations for cross-border data compliance [5] - According to IMF predictions, the global cross-border e-commerce market is expected to exceed $15 trillion by 2030, positioning OCTO as a key infrastructure platform in the digital trade era due to its strong asset management background and advanced technology capabilities [5]

Group 1 - The blockchain major is not a niche field, supported by strong industry demand across various sectors such as finance, supply chain, healthcare, and government, indicating a broad job market for professionals [3][4][5] - Government policies are actively promoting blockchain technology, integrating it into "new infrastructure" initiatives, which fosters innovation and attracts educational institutions to develop relevant programs [4][5] - Educational institutions are increasingly offering blockchain-related programs and courses, reflecting the growing importance and potential of the blockchain field [5] Group 2 - Students in the blockchain major must acquire foundational knowledge in computer science, mathematics, and cryptography, which are essential for building and securing blockchain systems [7][8] - Core technologies of blockchain, such as distributed ledgers, consensus mechanisms, and smart contracts, are critical areas of study for students [8][11] - Practical skills in blockchain application development are emphasized, including the use of frameworks like Ethereum and Hyperledger Fabric for real-world project implementation [11] Group 3 - Graduates can pursue careers in blockchain technology research and development, focusing on optimizing platforms and developing new consensus algorithms [12] - There is a growing demand for blockchain application developers in various industries, including finance and supply chain, to create and maintain blockchain-based systems [13] - Project management roles in blockchain initiatives require professionals to coordinate resources and ensure project completion, highlighting the need for strong communication and management skills [14] - Consulting and research opportunities are available for blockchain professionals to provide insights and support for industry and government entities [15]

中新网上海6月20日电 (记者 陈静)电气电子工程师学会(IEEE)区块链中国区办公室20日正式成立并落户 上海市静安区，将强化区块链技术的发展应用及与国际间的交流合作，助推静安成为全球区块链治理与 创新中心之一。 中国科学院院士郑志明、静安区委书记钟晓咏、同济大学副校长石振明、IEEE区块链技术社区主席拉 米什·拉马多斯(Ramesh Ramadoss)共同为IEEE区块链中国区办公室揭牌。 IEEE区块链中国区办公室20日正式成立并落户上海市静安区。(静安区新闻办供图) 20日，以"通全球链世界——打造可信数字未来"为主题的首届IEEE全球区块链大会(GBC)在上海市静安 区正式启幕。静安区委副书记、区长翟磊，上海市数据局副局长翁轶丛，同济大学副校长石振明分别为 大会开幕式致辞，IEEE主席凯瑟琳·克莱默(Kathleen Kramer)通过视频方式致贺词。 据悉，区块链作为数字技术核心引擎，已成为可信数据流通基石与全球产业链重塑的关键力量，深度赋 能金融、供应链、政务、民生等多领域。翁轶丛强调，上海正全面推进区块链技术攻关、产业发展、应 用创新与生态培育，着力打造全国区块链创新发展、场景应用示范、技术标 ...

Index Level - The Shanghai Composite Index is still in a downward adjustment phase, with support around the gap at 3320 [3][4] - The ChiNext Index has fallen below its short-term moving averages, indicating potential weakness [3] - Overall market sentiment is low, with a trading volume of only 1.06 trillion, down by 185.7 billion, and a net sell-off of nearly 30 billion by domestic investors [3][4] Market Conclusion - The market is expected to continue its adjustment, and any potential rebounds should be viewed as temporary [4] - Investors should avoid chasing prices and consider maintaining around 50% of their positions [4] Sector Analysis - The banking and insurance sectors are showing strength, while brokerage firms are underperforming [5] - Consumer sectors like liquor are experiencing a rebound, but sustainability is uncertain [6] - The solid-state battery sector remains active, while some technology stocks are showing strength [5] Banking Sector Insights - The rise in bank stocks is attributed to a lack of alternative investment options, with banks offering around 4% dividend yields [7] - Investors are advised to hold existing positions in banks or cautiously enter with a portion of their capital [7] Hot Sector Breakdown - CPO is in a corrective phase but maintains an upward trend, presenting potential buying opportunities [7] - PCB shows a similar upward trend despite recent fluctuations, indicating potential for speculative opportunities [7] - The storage chip sector is in a consolidation phase, requiring further observation for potential upward movements [7] Additional Sector Observations - The innovative drug sector is in its sixth day of adjustment, with a downward trend persisting [8] - Stablecoins and digital currencies are showing signs of trend reversal, necessitating caution if they break below key support levels [8] - The solid-state battery sector is experiencing a slowdown in momentum, but short-term trading opportunities may still exist [8]

Market Overview - The A-share market continues to experience a pullback, with the Shanghai Composite Index down by 0.07%, closing at 3359.90 points. The total trading volume in the Shanghai and Shenzhen markets was 10,677 billion yuan, a decrease of 1,829 billion yuan compared to the previous day [1] - There were 1,540 stocks that rose while 3,645 stocks fell, indicating a bearish sentiment in the market [1] Sector Performance - Solid-state battery concept stocks maintained strong performance, while copper foil stocks in the PCB industry surged. However, oil and gas, as well as blockchain concept stocks, showed mixed results with some hitting the daily limit up and others limit down [1] - High-profile stocks such as Jinshi Technology and Limin Co. faced consecutive limit downs [1] Competition Insights - The 63rd session of the "Digging Gold" competition concluded with the champion achieving a return of 37.25%, the runner-up at 35.15%, and the third place at 35.08%. Participants capitalized on opportunities in oil and gas, nuclear pollution prevention, and blockchain concept stocks [1][3] - A total of 488 participants achieved positive returns and will receive cash rewards, with the distribution scheduled for June 23 [1] Upcoming Events - The 64th session of the competition will start on June 23, with registration open from June 21 to June 30. Participants will trade with a simulated capital of 500,000 yuan [1][10] - Weekly cash rewards will be distributed based on performance, with the first-place winner receiving 688 yuan and subsequent positions receiving varying amounts [10] Participant Strategies - Several participants effectively utilized "Fire Line Quick Review" to seize market opportunities, particularly in methanol and strontium carbonate sectors during the competition period [7][8] - The champion's strategy involved short-term trading with stocks like Langxin Group and Chuangshi Technology yielding profits, while the runner-up focused on military and nuclear pollution prevention stocks [5][6] Market Sentiment - Experts believe the A-share market is currently in a structural market phase, with support levels at the 60-day, 90-day, and 120-day moving averages. The market is expected to exhibit a range-bound trading pattern [9] - There is a focus on dividend assets such as insurance and highways, while small-cap stocks are seen as volatile and risky for retail investors [9]

Core Viewpoint - Tron is set to challenge Wall Street's perception of legitimate corporate assets through its strategic move to incorporate its native cryptocurrency TRX as a reserve asset, which could have broader implications beyond the company itself [1]. Group 1: Company Strategy and Developments - SRM Entertainment announced its rebranding to Tron Inc, adopting a treasury strategy centered around TRX, supported by a $100 million private investment that could rise to $210 million if warrants are fully exercised [1]. - The strategy aims to test TRX as a company reserve asset, marking a significant shift as Tron Inc would be the first U.S. company to use its blockchain's native token as a corporate reserve [5][6]. - Following the announcement, TRX experienced a 5% increase in value, indicating market interest in the new strategy [3]. Group 2: Market Context and Comparisons - More companies are integrating cryptocurrencies into their treasuries, inspired by firms like Strategy (formerly MicroStrategy), which has promoted aggressive Bitcoin acquisition strategies [3]. - However, the effectiveness of such treasury strategies is diminishing, as merely announcing a cryptocurrency treasury no longer guarantees a surge in stock prices [3]. - TRX's market capitalization reached $26.2 billion as of June 17, ranking it eighth among cryptocurrencies, but it lacks significant institutional demand and has lower trading volumes compared to Bitcoin and other treasury coins [6]. Group 3: Risks and Concerns - The plan to use TRX as a reserve asset introduces a feedback loop risk; if market confidence in Tron Inc wanes, TRX's price could drop, further impacting the perceived value of the company [5]. - Concerns have been raised regarding the potential for regulatory scrutiny, especially since the SEC has previously accused Tron and its founder of selling unregistered securities [14]. - The involvement of politically connected individuals, such as Eric Trump, in the new TRX financial company has raised questions about the independence and integrity of the venture [12][13].

Core Technology Components - The technology architecture of RWA tokenization includes five main components: blockchain ledger, smart contracts, oracles, cross-chain technology, and off-chain asset custody and verification [3][4][5][6][10][11]. Blockchain Ledger - Provides decentralized records for asset ownership, transaction history, and token data, utilizing public chains like Ethereum, Solana, Polymesh, and Avalanche, as well as consortium chains like AntChain's "two chains and one bridge" architecture [4]. Smart Contracts - Automates the processes of tokenization, trading, revenue distribution, and compliance management, with standards such as ERC-3643 for compliant tokens and ERC-721/1155 for non-fungible assets [5]. Oracles - Ensures secure transmission of off-chain asset data to on-chain, maintaining consistency between tokens and assets, with projects like Chainlink and Pyth Network providing real-time data services [6]. Cross-Chain Technology - Facilitates interoperability of assets and data across multiple chains, utilizing cross-chain bridges and protocols [8][9]. Off-Chain Asset Custody and Verification - Custody is managed by regulated entities to ensure 1:1 anchoring, with periodic audits recorded on-chain, while verification involves IoT monitoring and AI for valuation accuracy [10][11]. RWA Tokenization Process - The process includes asset assessment and digitization, tokenization through smart contracts, compliance embedding, on-chain recording and trading, and automated revenue distribution [12][13][14][15][16]. Technical Challenges - Key challenges include smart contract security requiring formal verification and auditing, real-time synchronization of off-chain asset changes, scalability issues related to high gas fees on Ethereum, and balancing privacy with compliance [17][20]. Future Trends - The integration of AI and IoT is expected to enhance pricing accuracy, while dedicated blockchains and Layer 2 solutions will improve efficiency and reduce costs [20].

Core Viewpoint - The report highlights the potential growth opportunities for Shanda Diwei following the change in its actual controller, emphasizing its leadership in the "AI + Blockchain" sector and the expected positive impact on revenue growth [2][3][8]. Group 1: Company Overview - Shanda Diwei is a leading "AI + Blockchain" technology service provider in China, affiliated with Shandong University, focusing on deep integration of production, education, and research [2]. - The company is advancing in key business areas such as smart social security, smart healthcare, and intelligent electricity, while enhancing its AI technology research and product development [2]. - In 2024, the company is projected to achieve revenue of 555 million yuan, a 3.14% increase year-on-year, but its net profit is expected to decline by 21.04% to 64.08 million yuan due to increased costs and R&D expenses [2]. Group 2: Strategic Developments - The company announced a potential change in its controlling shareholder and actual controller as part of a broader reform initiative by Shandong University, which could open new business avenues and enhance revenue growth prospects [3]. - Shanda Diwei is leveraging its core technologies to develop a new product system that supports data circulation and utilization, including four major core products and solutions [4]. Group 3: AI and Blockchain Applications - The company is actively exploring AI and blockchain technologies, having developed a comprehensive product system that includes platforms for data governance and resource management [4]. - Shanda Diwei's AI initiatives include the development of a large model, DareWen, aimed at enhancing various business applications, with contracts worth 88 million yuan signed in 2024 [5][6]. Group 4: Investment Outlook - The earnings per share (EPS) forecasts for 2025, 2026, and 2027 are projected at 0.20, 0.25, and 0.27 yuan respectively, with corresponding price-to-earnings (PE) ratios of 54.65, 44.06, and 40.33 [8]. - The company maintains a "buy" rating, with expectations that the change in actual controller will inject new growth momentum and break through revenue growth ceilings [8].

Core Viewpoint - AIDAv2 aims to rebuild trust in the blockchain industry by focusing on transparency, verifiable actions, and a solid product ecosystem rather than relying on high-yield promises or narratives [1][3][6] Group 1: Trust and Transparency - AIDAv2 does not rely on "stories" for survival but builds a real ecosystem with verifiable products and a global partnership network [3] - The platform emphasizes that it has never made any promises of capital preservation or high returns, instead highlighting that "volatility equals risk, transparency equals security" [3][4] - All user data, transaction paths, and profit distribution logic are traceable on the blockchain, ensuring accountability and transparency [3][4] Group 2: Product Ecosystem - AIDAv2's approach is to create a clear product value chain that incentivizes long-term builders rather than attracting users through inflated illusions [4] - The ecosystem includes various functionalities such as data analysis (AIDData), social networking (AIDSocialFi), and trading and strategy execution (AIDEx and AID BOT) [4] Group 3: Public Engagement - The AIDAv2 team actively engages in public discussions and industry dialogues, addressing skepticism and promoting transparency [3][6] - CEO Jason participates in significant industry events to foster open communication and public oversight [3][6] Group 4: Fundamental Philosophy - AIDAv2 does not attempt to persuade anyone to believe in it; instead, it focuses on demonstrating its value through actions and a robust ecosystem [6] - True trust in the industry is built through actions rather than words [6]

Market Overview - The market experienced a rebound with all three major indices slightly up, driven by strong performance in computing hardware stocks, particularly in PCB and CPO sectors [1] - Notable stocks that hit the daily limit include Yihua New Materials, Kexiang Co., and Huadian Co. [1] - Banking stocks showed volatility but strengthened, with Agricultural Bank, Pudong Development Bank, and Chengdu Bank reaching historical highs [1] - The storage chip sector saw a midday surge, with Dawi Co. hitting the limit [1] - Military stocks also rose, with Beifang Changlong hitting the limit [1] - AI glasses concept stocks remained active, with Biyi Co. hitting the limit [1] - Overall, over 3,400 stocks declined, with a total trading volume of 1.22 trillion [1] Hot Topics PCB Sector - The PCB sector saw significant gains, with stocks like Zhongjing Electronics, Yihua New Materials, and Huadian Co. hitting the limit [4] - Shenghong Technology's market value surpassed 100 billion [4] Blockchain Sector - The blockchain sector continued to be active, with stocks like GCL-Poly and Dongxin Peace hitting consecutive limits [7] - The People's Bank of China Governor highlighted the accelerating application of new technologies in cross-border payments, promoting the development of central bank digital currencies [7] Smart Glasses Sector - The smart glasses sector experienced a surge, with stocks like Biyi Co. and Lianjian Optoelectronics hitting the limit [10] - A significant collaboration was announced between Oakley and Meta to develop smart glasses, with results expected to be revealed soon [10] - Xiaomi's AI smart glasses are set to be launched on June 26 [10] Industry Insights - According to Prismark, the server PCB market is projected to grow at a CAGR of 11.6% from 2024 to 2029, reaching $18.9 billion, becoming the largest application area for PCBs [6] - The demand for high-end PCBs is expected to remain tight in the medium to long term due to the continuous upgrade of AI servers and the need for high-speed data transmission [6] - The global cross-border payment transaction volume is expected to reach $194.6 trillion in 2024, with a projected CAGR of 6.4% to $320 trillion by 2032 [9] - The demand for stablecoins in cross-border payments is anticipated to grow significantly, given the current market size of approximately $230 billion [9]