Financial Data and Key Metrics Changes - The company reported revenue of approximately $2,400,000,000 for Q2, an increase of 1.5% year on year on both a constant currency and as reported basis [14] - Adjusted free cash flow was $200,000,000 in the quarter, an improvement of about $240,000,000 sequentially from Q1 [18] - Non-GAAP diluted EPS was $2.7 per share, an increase of $0.1 year on year [17] - GAAP net income was $42,000,000 for the quarter, with GAAP diluted EPS at $0.63 per share [17] Business Line Data and Key Metrics Changes - Revenue from retail, travel, and e-commerce clients grew 3% year on year, led by growth with travel clients [15] - Media and Communications also grew 3% year on year, while revenue from banking, financial services, and insurance clients grew 2% [15] - The tech and healthcare verticals were relatively flat, reflecting offshore movement [15] Market Data and Key Metrics Changes - The company is seeing a strong pipeline across verticals and geographies, with a positive sentiment from clients regarding increased outsourcing budgets [9][10] - A Gartner study revealed that 85% of enterprises expect to increase their outsourcing budget over the next two to three years, primarily to support their AI agenda [9] Company Strategy and Development Direction - The company is focused on delivering integrated technology-led solutions that align with client needs and expanding the value provided across a broader portfolio of business solutions [12] - The strategy includes automating or de-investing in commodity work to keep the underlying business healthy [12] - The company is well-positioned against competitors, particularly for large-scale programs that combine consulting, IT integration, CX expertise, and AI [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the second half of the year, expecting revenue and margin improvement due to a strong pipeline and new business signed [20][22] - The company anticipates meaningful sequential margin improvement in both Q3 and Q4, driven by the recovery from the tariff impact and ongoing investments in technology [16][22] - Management noted that clients are looking for pragmatic solutions and are increasingly centralizing spend with partners that have scale and expertise [12][13] Other Important Information - The company returned approximately $67,000,000 to shareholders in the quarter, including share repurchases and dividends [19] - Cash and cash equivalents at the end of the quarter were $343,000,000, with total debt at approximately $4,900,000,000 [19] Q&A Session Summary Question: Revenue acceleration in the second half - Management indicated that revenue acceleration is broad-based, with solid pipeline building across geographies and verticals, particularly in banking, tech, and media [28] Question: AI technology journey and market recognition - Management highlighted strong market traction for their AI products, with clients adopting their technology faster than expected and seeing significant growth in adjacent services [36] Question: Margin impacts in Q2 - Management explained that margins were impacted by clients pausing projects due to tariffs, but they expect margins to improve as clients resume projects and new business ramps up [40][42] Question: Revenue contribution from IX Hello and IX Hero - Management expects IX suite products to be accretive by the end of Q4 and plans to maintain spending while accelerating revenue growth [54] Question: Operating environment and sales cycles - Management noted that transformation deals are taking longer but are not shrinking, and they are seeing good win rates in their pipeline [62] Question: Pricing strategy evolution - Management mentioned an increasing interest in outcomes-based pricing but noted that traditional transactional pricing still dominates their revenue streams [87]

Core Viewpoint - Chongqing is actively implementing sponge city construction, utilizing various measures to enhance urban water management and reduce flooding risks through innovative designs and infrastructure improvements [1][2][3]. Group 1: Sponge City Construction - Chongqing has completed 2,055 sponge city projects, with 535 compliant drainage areas covering 845.8 square kilometers, accounting for 46.2% of the urban built-up area [1]. - The city employs techniques such as infiltration, retention, storage, purification, utilization, and drainage to manage rainwater effectively [1]. Group 2: Rainwater Gardens - Rainwater gardens, referred to as "sponge cells," are designed to collect, retain, and purify rainwater, contributing to groundwater recharge and landscape irrigation [2][3]. - These gardens utilize native plants that can withstand flooding and drought, enhancing their ability to retain rainwater [2]. Group 3: Infrastructure Innovations - The cloud lake in the data valley has a storage capacity of approximately 4,000 cubic meters, controlling rainwater runoff for an area of about 200,000 square meters [3]. - The integration of permeable pavements and bioretention areas along roads helps to slow down rainwater runoff and improve water quality [3]. Group 4: Sports Facilities Adaptation - The Daitianwan Sports Center has been retrofitted with a rainwater reuse system, allowing for the collection and utilization of rainwater for field maintenance and sanitation [4][5]. - Green roofs have been introduced in indoor venues to enhance rainwater retention, creating over 3,000 square meters of green space [5]. Group 5: Industrial Applications - The Chongqing Chemical Industry Co., Ltd. has implemented sponge facilities in its factory area, including 14 rainwater gardens to manage stormwater and improve the working environment [6][7]. - The integration of rainwater gardens with parking lots in Liangping District enhances both stormwater management and aesthetic appeal [7]. Group 6: Future Developments - Chongqing plans to continue its sponge city initiatives by leveraging IoT and big data technologies, aiming to create a more livable and intelligent urban environment [7]. - The city is also focused on developing a "sponge industry chain" to support local enterprises in creating suitable sponge technologies and products [7].

作为我国重要的工业和农业基地，东北地区关乎国家发展大局。近年来，东北经济社会发展取得积极进 展，但仍处于爬坡过坎的关键阶段，面临体制机制僵化、产业结构单一等诸多制约因素。《中共中央关 于进一步全面深化改革、推进中国式现代化的决定》提出，健全推动东北全面振兴取得新突破的制度和 政策体系。本期特邀专家围绕相关问题进行研讨。 抓住关键啃下国企改革硬骨头 国有企业改革是振兴东北的"重头戏"，目前进展如何？ 李政（辽宁大学经济学院院长、东北国有企业振兴研究院执行院长）：东北要振兴，国企必振兴；国企 要振兴，改革是关键。啃下国企改革这块"硬骨头"，是东北实现全面振兴的一道必答题。近年来，东北 地区积极实施国有企业改革深化提升行动和国有企业振兴专项行动，大力推进国有经济布局优化和结构 调整，推动数智化转型和数实融合。总体来看，国有企业生机活力不断增强、面貌焕然一新，经营质效 明显提升，重点改革领域实现破冰突围，企业经营态势、市场化意识、干部干事创业精神状态发生深刻 转变。 国有企业体制机制改革取得明显成效。体制机制弊端是长期束缚东北地区国有企业高质量发展的一大顽 疾，突出表现在市场化经营机制不健全，"铁饭碗""大锅饭"和平 ...

近年来，江苏省苏州市吴中区深入实施"产业强区、创新引领"发展战略，大力发展机器人与人工智能产 业，锚定"全国机器人产业集群第一区"目标，通过科技创新与产业创新的深度融合，因地制宜培育新质 生产力。 2024年，江苏省发改委发布"未来产业先行集聚发展试点"清单，吴中区作为该省唯一聚焦人形机器人产 业领域的区域，成功获批试点。 吴中区工业和信息化局相关负责人介绍，吴中区以"全产业链攻坚"为策略，引育一批领军企业与专精特 新企业，着力打通产业链与创新链的堵点。在本体制造领域，汇川技术凭借在全国工业机器人领域强大 的产业链整合能力成为标杆；科沃斯作为"中国服务机器人第一股"持续领跑，伺服电机、减速器、控制 器三大核心部件均达国内领先水平，形成完整产业配套体系。 为推动产业细分领域纵深发展，吴中区每年编制《机器人+人工智能（人形机器人）产业发展报告》及 产业图谱、招商图谱，以精准化布局赋能高质量发展。目前，全区汇聚机器人整机制造企业45家，生产 58种本体、700余款产品，成为机器人整机种类最丰富的产业集聚区之一。 今年以来，吴中区积极响应"人工智能+"行动赋能千行百业，推进工业、农业、文旅、康养等细分领域 机器人应用 ...

窖炉内，炉火熊熊；辊道上，一块块光伏玻璃板向前传送；精密机器人快速抓取堆叠……甘肃玉门市， 甘肃凯盛大明光能科技有限公司生产车间里，全氧光热超白浮法玻璃自动化生产线正高速运转。这条生 产线，突破了光热超白浮法玻璃生产关键技术，实现了国产替代，降低了国内光热发电企业生产成本， 也成为玉门产业转型升级的生动注解。 因矿设企，因企设市，玉门曾因石油产业而兴盛。上世纪90年代末期，随着石油资源逐渐枯竭，当地一 度陷入发展困境。经过20多年探索，玉门摆脱单一产业结构，获评西部百强县市，成为甘肃县域经济的 排头兵、新能源产业的"试验田"。 如何扬"长"？走好差异化竞争的路子，挖掘优势资源，打造产业优势。在中核集团新华发电玉门"光热 +"示范项目内，光热电站和光伏电站、风电场联合运行，致力于解决新能源发电的波动性问题，提升 电网对新能源的接纳能力。甘肃普罗生物科技有限公司依靠多年来的持续创新，将农副产品奶酪条加工 成高端食品添加剂"酪蛋白"，销往国外。实践证明，找准自己的定位，锚定发展方向，用好比较优势， 才能集聚发展胜势。 科技革命日新月异，产业变革加速演进。谁能在创新上抢占先机，谁就能掌握发展主动权。看人才链， 玉门创 ...

提高新能源汽车的渗透率，必须根据农村的使用场景和需求，加快构建更加符合乡村特点、可持续发展 的消费生态 两年前，记者在河南虞城县驻村锻炼，一个直观感受是村里的新能源汽车多了起来。可以领补贴，充电 很便宜，1天就能上牌。村民李先生对自己新置办的新能源汽车赞不绝口，唯一感到不便的是，车子一 旦有点毛病，得开30多公里到县里去检修维护。 前些天，记者再一打听，李先生已经不愁了。县里的养车店已经提供50公里范围内的全年不限次上门诊 断维修服务，现在想换轮胎，在家打一个电话就行了。从"跑县城"到"上门修"，配套服务的协同跟进， 让新能源汽车下乡更受欢迎。 （文章来源：人民日报） 群众"用得好"，新能源汽车才"下得去"。前不久，工业和信息化部等五部门印发通知，组织开展今年的 新能源汽车下乡活动，着眼于优化配套环境，改善农村出行条件，瞄准了政策堵点，抓住了消费痛点， 有利于行业健康发展，也有助于提升农民生活水平。 经过几年实践，新能源汽车下乡已从最初的车辆推广为主，转向产品与服务协同下乡。不过，农村地区 充电桩等基础设施建设和运维成本相对较高，产业人才不足，要想提高新能源汽车的渗透率，必须根据 农村的使用场景和需求，加快构 ...

统筹发展和安全，兼顾秩序与活力，不避难、不趋易，这样的创新才能常青，这样的增长更有活力，这 样的发展更可持续 "Z世代"的消费如一扇窗，照见中国经济"向新力"。 当他们选择国产新能源车作为婚礼头车时，长辈们甚至认不出车的品牌，误以为"不够豪华"。 ………… 青苗不免有枝蔓，成长势必有烦恼。中国经济之所以行稳致远，还在于拥有强大的纠偏、调校能力，护 航新业态、新产品、新服务可持续健康发展。当国产新能源汽车高奏凯歌，我们把目光投向驾驶安 全、"内卷式"竞争等棘手问题，只为营造更健康的产业生态。 新一代年轻群体消费能力不断释放，推动新业态、新产品、新服务不断涌现，以至于和长辈有了"幸福 的代沟"。谁能想象，从"一辆拖拉机都不能造""8亿件衬衫换一架飞机"，到变身以贴牌、代工为主 的"世界工厂"，再到如今中国制造、中国创新成为品质代名词，甚至一只毛茸茸的玩偶就能吸引海外消 费者大排长龙，也不过几十年光景。 中国制造何以在较短时间内不断升级？中国经济何以具备如此强劲的"向新力"？ 有人感慨，最近一段时间，中国创新仿佛打通了任督二脉。DeepSeek、人形机器人、鸿蒙操作系统等 频频上新，《黑神话：悟空》《哪吒之魔童闹海 ...

根据Afshar的领英个人资料，他于2017年加入特斯拉，当时这家汽车制造商正开始加大Model 3轿车的 产量。 Afshar曾于2019年出现在特斯拉位于上海的制造工厂，当时担任特斯拉首席执行官办公室的成员，并在 去年升任，负责北美和欧洲的销售与制造运营。这两个市场近期成为特斯拉的难点： 电动车的市场需求减弱，而马斯克则在华盛顿投入了大量时间。受竞争加剧和消费者对马斯克在特朗普 政府中角色反感的影响，特斯拉销量大幅下滑。 Afshar曾在2024年在马斯克旗下社交平台X上发文称："在Model 3地狱期间，我几乎每天都和埃隆在一 起，包括感恩节、圣诞节、除夕、他的生日，甚至差点错过他弟弟的婚礼。" 周四，据媒体援引知情人士透露，特斯拉公司一位举足轻重的高管、马斯克最亲密的密友之一Omead Afshar已离开公司。此后媒体报道称，马斯克解雇了Afshar。 最近几天，Afshar离职的消息已在一些员工内部流传。Afshar的名字似乎已不再出现在内部通讯录中。 部分此前向Omead Afshar汇报的主管目前已改为向特斯拉汽车业务高级副总裁朱晓彤（Tom Zhu）汇 报。 分析指出，这是特斯拉动荡时期的最新 ...

"今年以来，面对更趋复杂严峻的外部环境，我们坚持稳中求进、以进促稳，实施更加积极有为的宏观 政策，加快落实稳就业稳经济推动高质量发展若干举措，经济运行总体平稳。"6月26日，国家发展改革 委举行新闻发布会，国家发展改革委政策研究室副主任、新闻发言人李超分析了当前经济形势，并围 绕"两新"政策成效、粮食生产、能源保供等热点问题回答了记者提问。 存量政策加快落地见效，新的储备政策陆续出台实施 今年以来，国家发展改革委会同有关方面加力扩围实施"两新"政策，以旧换新相关商品销售额已超1.4 万亿元。 设备更新方面，超长期特别国债资金支持力度为2000亿元。第一批约1730亿元资金，已按照"地方审 核、国家复核"的原则，安排到16个领域约7500个项目，第二批资金正在同步开展项目审核筛选。 从供给看，农业生产有序开展，工业服务业稳定增长。 5月份，规模以上工业增加值同比增长5.8%，服务业生产指数增长6.2%，增速比上月提高0.2个百分点。 从需求看，消费投资持续扩大，出口保持较快增长。 5月份，社会消费品零售总额同比增长6.4%，增速为2024年以来最高水平。前5个月，固定资产投资稳 定增长，其中制造业投资增长8.5 ...

"截至6月24日，22个地区已开展225场外贸优品中华行活动，参与外贸企业和采购商超过1.9万家，成交 额248亿元。"商务部新闻发言人何亚东在26日举行的商务部例行新闻发布会上介绍，今年以来，发挥我 国超大规模市场优势，帮助外贸企业拓内销取得了积极成效。主要电商平台和批发零售企业为外贸企业 建立了"内销直通车"，目前，连锁商超开设了700多个线下专柜，11家电商平台设立线上专区。同时， 商务部着力营造内外贸一体化制度环境，为外贸企业申请强制性认证开辟绿色通道，推动解决企业集中 反映的30项标准认证问题。 （文章来源：人民日报） 推进高水平对外开放，商务部将继续做好稳外资工作，会同有关部门落实好《2025年稳外资行动方 案》，推动教育、文化等领域有序开放，扩大电信、医疗等领域开放试点，推进服务业扩大开放综合试 点示范，拓展多领域开放合作与创新集成。同时，持续打造"投资中国"品牌，今年上半年已在境内外举 办19场重点活动，持续宣介中国的综合引资优势和巨大投资机遇。 下半年，商务部还将举办330多场外贸优品中华行活动。用好重要展会、重要消费活动、重要步行街、 重要电商平台，持续提升外贸优品中华行活动影响力、辐射带 ...