Core Viewpoint - The 2025 Polymer 3D Printing Materials Summit aims to address the challenges and opportunities in additive manufacturing, particularly in high-end applications such as aerospace, biomedical, and robotics, while promoting collaboration across the industry [1][2]. Forum Background - Additive manufacturing technology (3D printing) is recognized for its design flexibility, material efficiency, and customization capabilities, driving advancements in various sectors including aerospace and biomedical [1]. - The integration of "Artificial Intelligence +" is expected to create unprecedented opportunities for industrial upgrades, despite existing challenges in achieving high-volume, low-cost, and high-precision 3D printing [1]. Forum Information - The forum will take place in July 2025 in Hangzhou, Zhejiang [3]. - Key figures include Xia Hesheng from Sichuan University, Wu Lixin from the Chinese Academy of Sciences, and Li Xiping from Zhejiang Normal University as conference chairs [3]. Forum Organization - Organized by the Polymer Materials and Engineering Branch of the Chinese Materials Research Society, with multiple co-organizers and supporting media [5]. Core Subjects - The main topics include the opportunities and challenges in additive manufacturing, breakthroughs in AI and 3D printing, innovations in industrial applications, and advancements in biomedical 3D printing technologies [8][9][10]. Registration and Fees - Registration fees are set at ¥3000 for regular attendees and ¥1800 for students, with early bird discounts available [10].

Group 1 - The global economic and trade environment is facing high uncertainty, but opportunities are emerging amid challenges, with Shenzhen's import and export scale ranking first among mainland cities in China as of April 2025 [1] - A Shenzhen-based electric bicycle company has successfully expanded its exports to over 40 countries and regions, demonstrating a significant growth journey from a small startup [1][2] - The company has achieved a 70.4% year-on-year increase in sales in the first four months of 2025, supported by over 100 core patents in key areas such as power systems and intelligent control [17] Group 2 - The company faced severe challenges during the US-China trade friction in 2018, which led to a decision to diversify its market presence globally rather than relying on a single market [9][11] - The company adapted its products to meet different international regulations and consumer preferences, taking nearly a year for market research and product design before entering new markets [14][16] - The establishment of eight overseas warehouses in Europe and the US has significantly reduced delivery times and logistics costs [17] Group 3 - A 3D printing company in Shenzhen has successfully transitioned to the consumer-grade 3D printer market, achieving significant overseas sales growth since 2019 [20][21] - The company has expanded its market presence to over 100 countries, aided by tailored export services from Shenzhen Customs [21][25] - The company has maintained strong production capabilities, assembling a 3D printer every two minutes, with a daily maximum output of nearly 12,000 units [29] Group 4 - A female entrepreneur, Yuan Lanlan, has founded three specialized enterprises, holding over 100 core patents and exporting products to 89 countries and regions [44] - The company has developed an innovative flying screen product, which has attracted international interest and orders from foreign clients [31][33] - Despite the complexities of foreign market entry, the company believes that high-quality products and excellent service will lead to success [44]

Group 1: Export Growth and Market Expansion - Shenzhen's import and export scale ranks first among mainland cities in China, with private enterprises showing remarkable performance [1] - A Shenzhen electric bicycle company has expanded its exports to over 40 countries and regions, growing from a 10-square-meter startup [1][5] - The company has achieved a 70.4% year-on-year increase in sales in the first four months of this year [14] Group 2: Challenges and Strategic Decisions - The company faced significant challenges during the US-China trade tensions in 2018, including a 25% tariff on electric bicycles, which nearly depleted its funds [8][10] - In response to these challenges, the company decided to diversify its market presence, expanding into Europe, Southeast Asia, and Japan [10][12] - The company invested nearly a year in market research and product design to adapt to different countries' regulations and consumer preferences [12] Group 3: Technological Innovation and Product Development - The company has secured over 100 core patents covering key areas such as power systems and intelligent control [14][24] - A Shenzhen 3D printing company successfully pivoted to consumer-grade 3D printers, achieving significant overseas sales growth [17][19] - The 3D printing company has also developed a strong production capacity, assembling a printer every two minutes, with a daily output of nearly 12,000 units [24] Group 4: Leadership and Entrepreneurial Journey - Entrepreneur Yuan Lanlan, who started from humble beginnings, now leads three specialized enterprises with over 100 patents, exporting to 89 countries [32][37] - The company has developed an innovative transparent "flying screen" product, which has attracted international interest and orders [28][30] - Yuan emphasizes the importance of high-quality products and strong service in overcoming international market challenges [37]

对于港股大模型，杜厚良认为，从长期来看， AI有望在本质上改变移动互联网的入口。通过AI技 术的普及应用，移动互联网现有的分配方式或将发生较大转变。 当硅基代码叩响文明之门，当智能浪潮重塑人类想象， AI浪潮正以前所未有的 速度改变着人类认 知世界的方式， 颠覆着传统产业的底层逻辑 ， 更逐浪于资本市场 。 "AI+"的未来还有哪些想象 空间？人形机器人投资的下一阶段焦点在哪？投资者应该如何 从大模型技术发展中寻找机会？ 近日，中欧基金举办了 AI DAY活动。活动邀请了 中欧基金科技战队核心团队、 券商分析师、国 内 AI科学家及产业专家等，分享了当前AI技术发展的最新成果，探讨了 生成式 AI发展趋势及投 资价值，一同解码AI应用的投资机会和无限可能。 中欧基金权益研究部副总监、科技组组长杜厚良： 关注港股大模型应用、国产替代、 3D打印等 作为中欧基金权益研究部副总监、科技组组长，杜厚良认为投资科技一定要立足产业研究，要比 别人更早发现科技产业变化的机会。今年以来，中欧基金科技战队积极主动开展调研，力求挖掘 AI产业的潜在投资机会。 杜厚良介绍，中欧基金科技战队的大部分成员毕业于清华、交大等院校，且兼具 ...

Investment Rating - Industry rating is maintained at "Outperform the Market" [5] Core Viewpoints - The report highlights the recovery opportunities in the consumer electronics sector following the recent tariff agreement [2] - The 3D printing industry is experiencing significant advancements, particularly in collaboration between equipment suppliers and 3C manufacturers, which is becoming a key focus in the consumer goods sector [2][11] - The iPhone 16 series has shown a price stratification across different sales channels, with e-commerce platforms offering further discounts to meet trade-in subsidy thresholds [2][20] - The panel market is showing distinct characteristics across applications, with the TV panel market facing supply-demand challenges while the monitor panel market continues to see price increases due to tariff exemptions [3][24] Summary by Sections 3D Printing - Recent developments include a joint venture between Huagong Technology and Lika Precision to enhance SLM manufacturing technology [11] - The domestic supply chain is witnessing critical breakthroughs, with companies like Plittech and Raycus Laser making significant progress in metal materials and laser technology [2][11] Apple Supply Chain - The pricing strategy for the iPhone 16 series has created a three-tier pricing structure across different sales channels [20] - Innovation is emphasized with the upcoming foldable iPhone featuring a book-like design, showcasing Apple's commitment to new technology [21] Panel Market - The TV panel market is experiencing a decline in demand, leading manufacturers to adjust production capacity, with an expected decrease in average utilization rates by 6-7 percentage points [3][24] - The monitor panel market continues to rise, driven by tariff exemptions, although the growth rate may slow due to the weakening demand in the TV panel sector [24] Tariff Adjustments - The recent US-China trade talks have led to a temporary suspension of certain tariffs, positively impacting the expectations of Chinese Apple supply chain manufacturers [4][26] - The adjustment in tariff policies is expected to enhance the shipment volumes of upstream manufacturers like GoerTek and Luxshare Precision [4][28]

Core Insights - Shenzhen's total exports to Colombia reached 3.09 billion yuan from January to April, marking a year-on-year increase of 1.5% [1] - The export value of 3D printers from Shenzhen, particularly from Intelligent Technology Co., Ltd., was notably high at 600 million yuan, reflecting a growth of 31% [1][2] Group 1: Company Performance - Intelligent Technology Co., Ltd. began self-declaring customs in January, which is expected to save over 1 million yuan in outsourcing costs for the year [2] - The company has exported 3D printers worth 600 million yuan in the first four months, with a growth rate of approximately 31% [2] Group 2: Market Trends and Support - The demand for 3D printing technology is increasing in Colombia due to manufacturing upgrades and the growth of the creative industry [1] - Shenzhen Customs has established a liaison to provide one-on-one guidance to companies, helping them optimize declaration processes and accelerate customs clearance [1] - The customs authority is also focusing on quality safety management and has implemented differentiated assessment trials for high-tech enterprises to reduce inspection frequency and production time [2]

Core Viewpoint - China's economy demonstrated resilience and stable growth in April despite external pressures such as tariff and trade wars, showcasing its strong capacity to withstand challenges [1] Group 1: Economic Performance - In April, China's industrial and service sector production remained robust, with exports exceeding expectations [3] - From January to April, China's total goods import and export volume increased by 2.4% year-on-year, accelerating by 1.1 percentage points compared to the first quarter [5] - The production of new products such as 3D printing equipment, industrial robots, and new energy vehicles saw significant year-on-year growth of 60.7%, 51.5%, and 38.9% respectively [4] Group 2: New Drivers of Growth - The rapid development of new productive forces is a key support for China's economic resilience, with high-tech manufacturing value-added increasing by 10% year-on-year in April, outpacing the overall industrial growth by 3.9 percentage points [4] - The import and export growth with countries involved in the Belt and Road Initiative increased by 3.9% from January to April, accelerating by 1.7 percentage points compared to the first quarter [7] Group 3: Policy Support and Investment - Macro policies have played a crucial role in stabilizing the economy, with equipment investment growing by 18.2% year-on-year from January to April, contributing 64.5% to total investment growth [8] - Retail sales of consumer goods increased by 4.7% year-on-year in the same period, with significant growth in categories such as home appliances and communication equipment [8]

本报记者 曹政 北京市重点工程建设再提速。市发改委昨天介绍，4月，深国际京西南综合物流枢纽（一期）智慧物流 中心、易加三维3D打印扩产项目等新开项目实现开工建设，科技创新、基础设施、民生保障等领域捷 报频传，多个项目取得节点性进展，为全年经济稳增长夯实底盘、积聚后劲。记者获悉，首都儿科研究 所附属儿童医院通州院区主体结构完工，预计今年年底主体外立面全部亮相。 "目前7个核心单体全面完成主体结构施工，正在进行二次结构、机电安装等室内施工，预计今年年底主 体外立面全部亮相。"市发改委相关负责人说，儿研所也将以通州新院区建设和朝阳老院区优化提升为 契机，对标国际一流儿童医院，结合自身所院协同发展优势，建设国际知名、国内一流的三级甲等儿童 专科医院及国际先进的研究型医院。 此外，市民关注的市郊铁路城市副中心线整体提升工程（北京西至良乡段）的新建房山东站便线拨线顺 利完成，为后续桥梁主体结构施工创造了条件。 儿研所新院区设置800张床位 除了位于朝阳区雅宝路的老院区外，儿研所还正在宋庄建设通州院区。通州院区总投资约为23亿元，建 设规模约18.6万平方米，主要设置医疗综合楼、教学科研楼、病房楼、感染楼等，设置床位800 ...

Core Viewpoint - The 2025 Polymer 3D Printing Materials Summit aims to address the challenges and opportunities in additive manufacturing, particularly in high-end applications such as aerospace, automotive, and biomedical fields, while promoting collaboration across the industry [1][2]. Forum Background - Additive manufacturing technology (3D printing) is recognized for its design flexibility, material efficiency, and customization capabilities, driving advancements in various sectors including aerospace and biomedical [1]. - The integration of "Artificial Intelligence +" is expected to create unprecedented opportunities for industrial upgrades, despite existing challenges in achieving high-volume, low-cost, and high-precision 3D printing [1]. Forum Information - The summit will take place in July 2025 in Hangzhou, Zhejiang, organized by the Polymer Materials and Engineering Branch of the Chinese Materials Research Society [2][3]. - Key figures include Chairpersons from Sichuan University, the Chinese Academy of Sciences, and Zhejiang Normal University [3]. Forum Agenda - The event will span three days, featuring a main forum on opportunities and challenges in additive manufacturing, with specific themes focusing on AI integration, industrial innovations, and biomedical applications [4][6]. - Activities include keynote speeches, technology showcases, and networking opportunities [4]. Core Topics - Key topics include breakthroughs in AI and 3D printing, innovations in industrial applications, and advancements in biomedical 3D printing technologies [6][7]. - Specific areas of focus will cover high-performance polymer materials, multi-material manufacturing, and the integration of AI in additive manufacturing processes [7]. Registration and Fees - Registration fees are set at ¥3000 for regular attendees and ¥1800 for students, with early bird discounts available [9]. - Payment options include bank transfers and online payment methods, with detailed instructions provided for registration [11].

Core Insights - The 137th China Import and Export Fair (Canton Fair) concluded with record-breaking attendance of foreign buyers and export transaction intentions, highlighting its role as a global market access platform [1] - Guangdong province, as China's largest economy and foreign trade province, has maintained a significant share of national foreign trade, accounting for approximately one-fifth of the total for 39 consecutive years [1] - In Q1 2024, Guangdong's total foreign trade import and export volume reached 2.14 trillion yuan, a year-on-year increase of 4.2%, surpassing the national growth rate of 2.9% [1] Group 1: Trade Performance - In 2024, Guangdong's foreign trade import and export volume is projected to reach 9.11 trillion yuan, representing a growth of 9.8% compared to the previous year, contributing to 38.7% of the national trade increment [3] - The province's foreign trade structure is being optimized through the implementation of the "Five External Linkages" strategy, aimed at stabilizing trade scale and enhancing quality [4] Group 2: Business Development - Companies like Gu Xiou Leather Co., Ltd. have successfully expanded their international customer base through the Canton Fair, establishing stable distribution networks across South America, Russia, Eastern Europe, and Southeast Asia [2] - The Guangdong government is focusing on developing key export industry clusters in electronics, modern light industry, smart home appliances, and new energy storage, among others [4] Group 3: Market Diversification - Guangdong has effectively reduced reliance on single markets by deepening trade cooperation with ASEAN, the EU, Africa, and Latin America, which has provided risk buffers for businesses [7] - The province's trade with ASEAN reached 349.43 billion yuan in Q1, marking a growth of 6.9%, maintaining ASEAN as Guangdong's largest trading partner [7] Group 4: Innovation and Technology - Companies like Skyworth Group have transitioned from traditional manufacturing to a global technology ecosystem, focusing on smart appliances and innovative product development [5] - The use of advanced technologies such as AR and AI in manufacturing processes is enhancing product quality and international competitiveness [5] Group 5: Local Initiatives - The "Lion Plan" launched by Foshan aims to build a comprehensive foreign trade service system to address challenges in high-quality trade development [6] - Dongguan is actively promoting foreign trade stability through initiatives that encourage participation in international exhibitions and the establishment of cross-border e-commerce centers [8]