小屏让信息触手可及，物联让万物近在咫尺。如今，移动通信与物联网正深刻改变着人们的生产生 活方式。在6月18日到20日联动举行的2025世界移动通信大会及IOTE 2025第二十三届国际物联网展·上 海站展会现场，一系列服务百姓生活、守护人身安全的创新产品亮相。 "前方危险，注意安全！"在第二十三届国际物联网展·上海站重庆甲虫网络科技有限公司展台上 方，智能声光报警器正在播放预警信息。这是该公司研发的高精度倾斜监测仪的联动设备之一，可以帮 助山区居民在遇到自然灾害时快速撤离。 AI陪伴水杯引导孩子健康饮水且能开展智能互动，卫星电话+短报文智能终端帮助驴友在遇到紧急 情况时高效求助，高精度倾斜监测仪为山区居民提供泥石流预警，AI素描机械臂展示精湛绘画技艺解 放创作者，燃气罐监控器精准监控燃气泄漏并及时报警……这些成果在展示全球移动通信与物联网领域 最新进展的同时，通过智能互联、应急求助、危机预警、AI绘画等应用，铺展民生幸福底色，守护百 姓安全防线，共同绘制"智"造生活新图景。 AI陪伴水杯：巧妙引导孩子爱上喝水 《中国学龄儿童膳食指南（2022）》建议，低身体活动水平的6岁学龄儿童每天至少饮水800毫升， 7到 ...

Core Insights - The launch of the "Zhongyi Zaiwu" passive unified enhancement platform and cellular passive system prototype by China Mobile addresses the pain points in asset management through zero-power technology, enabling battery-free, wired-free, and manual intervention-free operations [1] - The core value of passive IoT lies in its disruptive technology logic, which allows terminal tags to operate by capturing energy from wireless radio frequency signals, facilitating battery-free and non-contact data collection and communication [1] - Compared to traditional IoT devices, passive technology can reduce costs to less than 1%, and its maintenance-free characteristic makes it more economical for large-scale deployment, particularly in high-frequency and wide-coverage asset management scenarios such as warehousing, logistics, and manufacturing [1] Industry Developments - China Mobile has been deeply engaged in the passive IoT field since 2020, leading the 3GPP standard formulation and developing end-to-end systems, collaborating with industry leaders like Haier and Longsheng Technology to create solutions for smart warehousing and energy monitoring [1] - The newly launched platform integrates IoT, big data, and artificial intelligence technologies, supporting both networked and cellular passive devices, and features six major functions including automated inventory, intelligent inbound and outbound logistics, and precise location tracking [1] - A large warehouse utilizing this platform has reduced inventory counting efficiency from "day-level" to "minute-level," with labor costs decreasing by over 80% and error rates approaching zero [2] Future Outlook - The release of the "White Paper on Cellular Passive IoT Technology (2025)" and the "White Paper on Cellular Passive IoT Tags" by China Mobile systematically outlines the technological evolution of passive IoT across new network architectures, tag design, and functional expansion [2] - The white papers highlight the deep integration of passive IoT with cellular networks through a "reverse scattering" mechanism, establishing a three-in-one technical system of "wide area coverage, massive connections, and ubiquitous perception" [2] - According to data from the China Academy of Information and Communications Technology, the IoT market in China is expected to exceed 3 trillion yuan by 2025, with passive IoT poised to become the next breakout point due to its low cost and low power consumption characteristics [2] Company Positioning - The launch of the platform and system prototype by China Mobile not only solidifies its leading position in the 5G-A era but also lays the foundation for the "perception is connection" technology in the 6G era through an open cooperation model [3]

Core Viewpoint - Zhimi Intelligent has experienced a decline for eight consecutive trading days, with a cumulative drop of -7.08% [1] Company Overview - Shenzhen Zhimi Intelligent Technology Co., Ltd. is a pioneer and leader in IoT digital core solutions, recognized as a national high-tech enterprise and a "little giant" enterprise specializing in innovation [1] Shareholder Activity - Two funds under Baoying Fund have entered the top ten shareholders of Zhimi Intelligent. Baoying Strategy Growth Mixed Fund and Baoying Technology 30 Mixed Fund both reduced their holdings in the first quarter of this year [1] Fund Performance - Baoying Strategy Growth Mixed Fund has a year-to-date return of 19.30%, ranking 327 out of 4345 in its category. Baoying Technology 30 Mixed Fund has a year-to-date return of 15.83%, ranking 150 out of 2255 [2] Fund Manager Profile - The fund manager for both Baoying Strategy Growth Mixed Fund and Baoying Technology 30 Mixed Fund is Rong Zhineng, who has a master's degree in Electronic Science and Technology from Zhejiang University. He has held various positions in the industry, including project manager and industry researcher [5][6]

Investment Overview - Beijing Wanji Technology Co., Ltd. has established a joint venture company named Zhongxing Technology (Inner Mongolia Baotou) Co., Ltd. with Baotou Lianzhong Big Data Technology Co., Ltd. [1] - The registered capital of the joint venture is RMB 5 million, with Lianzhong contributing RMB 2.55 million (51%) and Wanji contributing technology valued at RMB 2.45 million (49%) [1] Joint Venture Progress - The joint venture has completed its business registration and obtained a business license issued by the Baotou Shiguai District Market Supervision Administration [1] - The registered name of the joint venture is Zhongxing Qianli (Inner Mongolia Baotou) Technology Co., Ltd. with a unified social credit code of 91150205MAENEMW70E [1] - The business scope includes technology services, IoT application services, big data services, AI application system integration services, and software development among others [1]

Group 1 - The 2025 China County Economic Development Conference focuses on the integration of artificial intelligence technology with county economic development, gathering over 300 guests including national and local leaders, scholars, and entrepreneurs to explore new paths and models for empowering county industries and promoting rural revitalization [1][6]. - The conference officially released the "China County Economic High-Quality Development Practice Cases" and announced the "China County Economic 50 Experts" list, which aims to address issues in county development and enhance decision-making support for government, society, and enterprises [3][6]. Group 2 - The "China County Economic 50 Experts" is a non-profit think tank aimed at promoting county economic development, focusing on rural cultural reconstruction, improving civilizational quality, and enhancing self-governance capabilities [6][8]. - The think tank is organized by the China County Economic Development Conference Committee and includes influential figures from various sectors, emphasizing practical contributions to county economic development [6][8]. Group 3 - The conference highlighted the importance of integrating artificial intelligence into county economic strategies, which is seen as a key driver for innovation and growth in rural areas [1][6]. - The event serves as a platform for collaboration among government, academia, and industry to foster sustainable economic practices and enhance the overall quality of county economies [1][6].

Group 1 - The market shows significant divergence regarding the telecommunications industry, with optimism for the computing power sector until 2026, but concerns over AI applications and capital expenditure slowing down [1] - The report suggests that while short-term divergences may persist, there is no evidence to support that concerns will materialize, indicating a need for selective investment in the computing power sector [1] - Telecommunications operators are considered stable and high-quality dividend assets, with a recommendation to focus on H-shares over A-shares due to better dividend yields and valuations [1] Group 2 - The computing power infrastructure sector remains strong, with a positive long-term outlook despite the absence of blockbuster applications, suggesting a focus on high-quality North American companies [2] - Specific companies in the optical module and CPO segments are recommended for investment, including names like NewEase, Zhongji Xuchuang, and Tianfu Communication [2] - Attention is drawn to the military communication, controller, IoT, and submarine cable sectors, which are expected to see marginal changes and growth opportunities due to evolving international dynamics and military needs [3] Group 3 - The military demand is expected to remain rigid as China aims to achieve its military goals by 2027, with potential recovery in military-related industries [3] - Companies involved in smart controllers and IoT modules are actively entering new markets, which may lead to new growth opportunities [3] - The offshore wind power sector is anticipated to recover, with improvements in deep-sea technology providing new development opportunities for submarine cables and marine communication systems [3]

Core Viewpoint - The company, Xiechuang Data Technology Co., Ltd., has proposed changes to its business scope and amendments to its Articles of Association, which require approval from the shareholders' meeting [1][2]. Business Scope Change and Articles of Association Revision - The company plans to adjust its business scope in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1][2]. - The specific amendments to the Articles of Association include changes to the legal responsibilities of the legal representative and the company's liability for damages caused by the representative's actions [2][3]. - The revised Articles of Association will clarify that the company will bear civil liability for damages caused by the legal representative while performing their duties, with the right to seek compensation from the representative if they are at fault [2][3]. Shareholder Rights and Responsibilities - The Articles of Association outline the rights and obligations of shareholders, including the right to receive dividends and participate in decision-making processes [12][21]. - Shareholders are entitled to request the convening of meetings, supervise company operations, and have access to company records [12][21]. - The company emphasizes that shareholders must comply with laws and regulations, and any abuse of shareholder rights that harms the company or other shareholders will result in liability [18][19].

Group 1 - The Ministry of Industry and Information Technology has decided to establish three standardization technical committees focused on the Internet of Things, brain-computer interfaces, and civilian explosives [1] - A safety emergency equipment standardization working group will also be formed to enhance safety protocols in relevant industries [1]

Core Viewpoint - The article emphasizes the importance of social support for military personnel and veterans in Guangzhou, highlighting various initiatives aimed at enhancing their well-being and societal respect [1][2][4]. Group 1: Social Support Initiatives - Guangzhou has implemented a range of social support initiatives for military personnel and veterans, including the establishment of 34 designated hospitals providing quality medical services to over 52,000 veterans, with a total of 2.51 million yuan in medical fee reductions [6][7]. - The city has expanded its "socialized support for the military" model, engaging over 4,000 enterprises in various supportive activities, thereby creating a robust network of community involvement [7][9]. Group 2: Technological Integration - The integration of technology into military support is a key focus, with initiatives like "Smart Technology in Military Camps" and partnerships with local tech companies to enhance military training and operational capabilities [2][3][4]. - Guangzhou has organized events where military personnel engage with advanced technology firms, fostering a culture of continuous learning and skill enhancement among soldiers [3][4]. Group 3: Culinary and Lifestyle Support - The "Send Culinary Skills to Military Camps" initiative has trained over 40 chefs from various military units, enhancing food quality and variety for troops [5][6]. - New hospitality services, such as the "Caring for Soldiers Inn," provide specialized accommodations and services for military personnel, reflecting a growing trend of prioritizing military needs in the service industry [10][11]. Group 4: Community Engagement and Recognition - The city has established various community programs aimed at recognizing and supporting veterans, including the "Red Cotton Veteran Care Fund," which has expanded its budget significantly to support veteran families [9][10]. - Initiatives like the "Centenarian Veteran Visit" program have been implemented to honor and support elderly veterans, showcasing the community's commitment to respecting their service [10][13]. Group 5: Comprehensive Support Framework - Guangzhou's approach includes a comprehensive support framework that addresses various aspects of veterans' lives, such as employment, education for military children, and housing benefits, with over 9,000 military children receiving educational support [13][14]. - The city has developed a detailed list of 152 preferential policies across multiple sectors, ensuring that military families receive substantial benefits and recognition [13].

Core Viewpoint - The company is focusing on its core businesses in aerospace applications, automotive electronics, and the Internet of Things (IoT), while optimizing its asset structure through the divestiture of AC Company to enhance resource utilization [1][4][6] Group 1: Aerospace Applications - The aerospace application segment includes inertial navigation accelerometers, precision manufacturing, testing and control equipment, and specialized power supplies, with a leading position in domestic aerospace applications [1] - The company's quartz flexible accelerometers have been successfully used in key national projects such as Shenzhou spacecraft and Tianzhou cargo spacecraft, solidifying its dominance in manned spaceflight engineering [1][3] Group 2: Automotive Electronics - The automotive electronics business is divided into domestic and international segments, focusing on commercial vehicles domestically and cabin sensors for safety, comfort, and autonomous driving internationally [2] - The company has developed a range of automotive electronic products, including vehicle instrumentation, remote information processors, and driving recorders, leveraging years of R&D experience [2] Group 3: Internet of Things (IoT) - The company has established the AIRIOT IoT platform, which is a low-code platform providing comprehensive IoT software solutions across various industries, including oil and gas, smart cities, and energy management [2] - The IoT platform aims to offer cost-effective and efficient services to clients and integrators, with successful applications in multiple industrial scenarios [2] Group 4: Strategic Divestiture - The company plans to publicly transfer 100% of AC Company’s shares, along with a minor stake in TIS factory, to optimize its asset structure and focus on core business areas [4][5] - The divestiture is part of the company's strategic planning to enhance high-quality development and improve resource utilization [4][6] Group 5: Future Outlook - The company aims to leverage its resources to capture market opportunities in aerospace applications, automotive electronics, and IoT, while maintaining stable operations in other business segments post-divestiture [6] - The revenue from the divested AC Company will no longer be included in the consolidated financial statements, which may lead to a decrease in overall revenue compared to the previous year [6]