Group 1 - The successful implantation of the "closed-loop spinal cord nerve interface" at Zhejiang University Second Hospital represents a significant technological breakthrough in the field of spinal cord injury treatment, providing new hope for approximately 3.7 million patients in China with spinal cord injuries [1][5] - The procedure involved the precise implantation of a spinal cord stimulation electrode with 16 contact points and a wireless rechargeable stimulator, leading to remarkable recovery outcomes for the patient, including the ability to stand and walk independently [4][5] - The core principle of the spinal cord nerve interface technology is to rebuild and enhance the signal transmission of the damaged spinal cord, facilitating nerve repair and accelerating the recovery of autonomous functions [5] Group 2 - The global brain-computer interface market has seen significant growth, increasing from $1.2 billion in 2019 to nearly $2 billion in 2023, with a compound annual growth rate (CAGR) exceeding 13%, and is projected to reach $7.63 billion by 2029 [6] - Current challenges in the brain-computer interface industry include the collection and decoding of brain signals, which are critical for the technology's development and application [6][7] - The clinical value of brain-computer interfaces extends beyond aiding paraplegic patients, with potential applications in predicting and intervening in neurological disorders such as epilepsy and Parkinson's disease [7][8]

Group 1: Event Overview - The Fourth China-Central and Eastern European Countries Expo and International Consumer Goods Expo was held in Ningbo, Zhejiang Province from May 22 to 25 [1] - The Zhejiang Pavilion, covering 300 square meters, showcased over 20 leading enterprises from Zhejiang, highlighting the region's manufacturing capabilities [1] Group 2: Innovative Products - A silver robotic dog named Lingrui P1 was featured, designed for high load capacity (30 kg) and long endurance, suitable for dangerous environments like fire scenes and substations [2] - The BoLing Brain-Machine Technology Co., Ltd. presented the Cyber Lingke HC2 hand rehabilitation exoskeleton system, utilizing brain-machine interface technology for rehabilitation [3] Group 3: Global Expansion and Trade - Wanxiang Yiersan Co., Ltd. introduced two products, the Ultra fast-charging battery and a 48V power system, with a focus on global resource sharing and local production in Europe [4] - Ningbo Zhongji Huitong Group, a foreign trade service provider, reported serving over 10,000 enterprises with an export volume exceeding $1.8 billion in 2024 [5] - Zhejiang's trade with Central and Eastern European countries reached 182.7 billion yuan in 2024, with imports from these countries increasing by 64% since 2021 [5]

Group 1: Event Overview - The fifth BEYOND International Technology Innovation Expo 2025 commenced in Macau, focusing on cutting-edge topics in the global health sector and featuring a "Founder Forum" [1] - The expo showcased innovative drugs and regenerative medicine, highlighting the rapid advancements in the Greater Bay Area [1][21] Group 2: Brain-Computer Interface (BCI) Technology - Brain Tiger Technology's CEO, Peng Lei, discussed significant breakthroughs in brain-computer interface technology, emphasizing its role in future human-AI interactions [3][5] - BCI technology integrates multiple disciplines, including microelectronics, medical devices, and neuroscience, with three main methods developed over the past 20 years: silicon-based hard electrodes, vascular electrodes, and flexible electrodes [5][7] - Successful implantation of a 256-channel flexible BCI device in a 19-year-old epilepsy patient allowed for control of various applications and devices through thought, demonstrating the technology's potential for both patients and the general public [7][8] Group 3: Cancer Treatment Innovations - Dr. Xiao Rongtai from the Mayo Clinic highlighted advancements in cancer treatment through cutting-edge research and patient-centered care, utilizing advanced imaging techniques like PET-MRI [11][13] - The clinic has successfully performed a larynx transplant using 3D printing technology, allowing a laryngeal cancer patient to regain speech immediately post-surgery, showcasing the potential of innovative technologies in cancer treatment [15] Group 4: Diabetes Management - Professor Zhao Jiajun emphasized the need for a comprehensive diabetes management system, advocating for early intervention and a shift from a treatment-focused to a prevention-oriented approach [16][20] - With over 100 million diabetes patients in China, there is a significant gap in awareness and treatment adherence, with less than half of patients receiving standard care [18][20] Group 5: Biopharmaceutical Industry Developments - The Hengqin Guangdong-Macao Deep Cooperation Zone showcased biopharmaceutical companies and their innovative products, reflecting the rapid development of the biopharmaceutical industry as a strategic pillar for regional economic growth [21][25] - Zhuhai Qiwei Biotechnology's innovative traditional Chinese medicine, QA108, is in phase III clinical trials for age-related macular degeneration, with plans for registration in both mainland China and Macau [23][25] - The "Organ Repair and Regeneration System" attracted attention from international scientists, indicating strong interest in gene editing and stem cell technologies [25]

| 思宇年度活动回顾： | 首届全球眼科大会 首届全球骨科大会 首届全球心血管大会 | | | --- | --- | --- | | 即将召开： | | | | 2025年6月12日，首届全球医美科技大会 | | | | 2025年7月17日，第二届全球医疗科技大会 | | | | 2025年9月4-5日，第三届全球手术机器人大会 | | | | 2025年5月21日，专注于脊髓损伤（SCI）创新疗法的医疗技术公司ONWARD Medical宣布，其 | | ARC-BCI系统已完成第四例与第五例人体植入手术 ，植入对象分别 | 为一名2024年受伤的48岁男性与一名2011年受伤的37岁女性。两例手术均在瑞士洛桑大学附属医院（CHUV）完成，由神经外科主任Jocelyne Bloch博士主刀。 这标志着ONWARD在脑机接口结合脊髓刺激的闭环神经系统重建路径上，已完成五位患者的连续验证。 目前，ONWARD是全球范围内唯一实现多例临床闭环植入 并进入系统验证阶段的团队。 两例受试者分别代表"急性阶段"与"慢性阶段"的典型病程，性别、病史、年龄均具差异化，体现出ONWARD对该技术在不同人群、不同恢复窗口期 ...

Group 1 - The Shanghai government has launched a "New Consumption Cultivation Action" plan aimed at fostering advanced digital consumption, focusing on the application of technologies like AI, virtual reality, and big data in the consumer sector [1] - The global AI Agent market is projected to grow from $5.1 billion in 2024 to $47.1 billion by 2030, with a compound annual growth rate (CAGR) of 44.8% [2] - The brain-computer interface market is expected to reach $3.3 billion by 2027, with a CAGR of approximately 13.5% [2] Group 2 - The primary application of invasive brain-computer interfaces is anticipated to be in the medical field, particularly for treating severe brain diseases and helping patients regain basic self-care abilities [3] - The low-altitude economy market is projected to reach 3.5 trillion yuan by 2035, with eVTOL (electric vertical takeoff and landing) aircraft being a significant component of this sector [3] - The humanoid robot market is rapidly developing, with various application scenarios including entertainment, educational services, and commercial cleaning [4][5] Group 3 - The demand for professional commercial cleaning robots is significantly higher than that for household cleaning robots, driven by the necessity for daily cleaning in commercial spaces [5] - Companies like Shanghai Qingtian Intelligent Technology Co., Ltd. are expanding their service robots into over 600 cities across 60 countries, covering various industries such as dining, hospitality, and healthcare [5]

Core Insights - The brain-computer interface (BCI) sector is experiencing significant advancements, with various developments in policy, clinical applications, and technology integration [1][4][6] Policy Developments - Sichuan province has launched a comprehensive action plan for brain-computer interface and human-computer interaction industries from 2025 to 2030, aiming to develop multiple BCI products and enhance clinical applications [4][5] - National policies are being introduced to support the development of BCI technology, including quality requirements for medical devices using BCI technology and guidelines for pricing new neuro-related medical services [4][5] Market Potential - The global BCI market is projected to reach $3.3 billion by 2027, with a compound annual growth rate (CAGR) of approximately 13.5% since 2019 [2] - In China, the BCI market is expected to grow to 3.2 billion yuan in 2024, with an annual growth rate of 18.8%, and is forecasted to exceed 5.5 billion yuan by 2027 [3] Clinical Applications - BCI technology is being applied in various medical fields, particularly in treating cognitive and motor disorders, with significant clinical trials underway [6][8] - The first clinical ward for BCI technology has been established at Beijing Tiantan Hospital, focusing on research and clinical trials [6] Technological Integration - Synchron has partnered with Apple to integrate its BCI device with Apple products, allowing users to control devices using only their thoughts [7] - Neuralink's BCI device has received "breakthrough medical device" designation from the FDA, targeting patients with severe neurological conditions [7][8] Future Outlook - The BCI industry is expected to continue evolving, with increasing clinical applications and technological advancements, although challenges related to safety, ethics, and privacy remain [8]

Core Insights - The report emphasizes the importance of discovering investment opportunities with a proactive attitude rather than merely relaying information [1] Macro News Summary - The National Development and Reform Commission is continuously improving policy tools to ensure timely implementation when necessary [4] - The People's Bank of China held a seminar to enhance financial support for the real economy, focusing on technology innovation [4] - China and the ten ASEAN countries have completed negotiations for the China-ASEAN Free Trade Area 3.0 [4] Industry Dynamics - The deployment of IPv6 is being advanced by three departments, with related stocks like Fenghuo Communication and ZTE expected to benefit [5] - The wearable device sector, particularly exoskeleton robots, is gaining attention as commercial applications accelerate, with stocks such as Xiangyu Medical and Jinggong Technology highlighted [5] - Sichuan is expediting the implementation of its first brain-computer interface surgery, indicating promising commercial prospects for related companies like Innovation Medical and Chengyitong [5] Company Focus - Foton Motor is collaborating with Huawei Digital Energy to accelerate the electrification of heavy trucks [6] - Chuangyao Technology is promoting advanced communication technologies to empower smart healthcare, focusing on intelligent healthcare robots [6] - Intercontinental Oil and Gas plans to increase capital in its wholly-owned subsidiary Hong Kong Derui by USD 6.8 million [6] - Jiuhua Tourism intends to raise no more than 500 million yuan through a private placement to invest in projects like passenger cable cars [6] Market Review and Outlook - On May 21, the market experienced a high and then a pullback, with the three major indices showing slight increases. The Shanghai Composite Index rose by 0.21%, the Shenzhen Component Index by 0.44%, and the ChiNext Index by 0.83% [7] - The trading volume in the Shanghai and Shenzhen markets reached 1.17 trillion yuan, an increase of 37.8 billion yuan from the previous trading day [7] - The report anticipates limited upward or downward movement in the A-share market in the short to medium term, with a lack of strong main lines for investment. It suggests focusing on industries with long-term development logic, such as technology growth, high-end manufacturing, and new consumption [7]

DeepSeek的开源，让整个人工智能行业不再苦于"大规模训练对GPU资源的依赖"，AI可用性变得触手可 及。 鸿蒙的开源，在操作系统"双强争霸"的格局中，开出"第三条路"，构建出更为丰富的软件生态。 人类基因组数据的开放共享，让生命科学整体进入分子时代，催生了无数基因技术，带来了医学健康领 域的重大革新。 初步的开源助力我国研发团队对脑电信号的识别能力不断增强。在今年初的国际消费类电子产品展览会 （CES）上，我国无创脑机接口团队与机器人团队合作的脑控机器人已经可以完成倒立、旋转等一连串 舞蹈动作。 但这些还远远不够。在采访中，记者了解到，受限于基础数据的有效挖掘和积累，当前脑机接口能做的 事情还很少。 开源正是打开"未来之门"的金钥匙。开源不仅可以吸引全球研究者一起开发代码，加速技术进步，还可 以有效整合资源，逐渐形成人脑数据的完整"拼图"。 为此，多位专家呼吁，相关部门在推出脑机接口培育政策的同时，营造开源共享生态，建议由政府、科 研机构或行业组织牵头，搭建脑机接口与人工智能一体化开源平台，统一技术标准，整合数据、算法及 软硬件资源，有效规避各地及研究团队的重复建设，加速技术创新与产业协同发展。 （文章 ...

每经记者｜杨建 每经编辑｜彭水萍 2、5月21日，据央视报道，中国科学院金属研究所沈阳材料科学国家研究中心王春阳研究员联合国际团 队近期取得重要突破，利用原位透射电镜技术首次在纳米尺度揭示了无机固态电解质中的软短路一硬短 路转变机制及其背后的析锂动力学，研究成果5月20日发表在《美国化学会会刊》。高性能、高安全性 为固态电池的核心性能优势，符合国家对于动力电池的要求。目前在材料端、电池端以及车企端的共同 发力下，固态电池产业化进程不断推进。 点评：固态电池被称为"下一代电池技术"，成为未来新能源行业技术制高点。近三年，中国在固态电池 领域布局加速，专利申请数量居全球第二，且与日本的差距不断缩小，呈现加速迎头追赶态势。数据显 示，截至2025年5月16日，全球固态电池领域的专利申请已超过4.6万件，其中近30%来自中国。固态电 池率先布局固态电池及相关产业链的厂商有望受益于产业化进程加快。概念股包括海顺新材、国轩高 科、星源材质等。 3、近日，浙大二院联合浙江大学南湖脑机交叉研究院、脑机智能全国重点实验室、生物医学工程与仪 器科学学院成功完成国内首例"闭环脊髓神经接口"植入手术。术后患者下肢运动功能持续显著改善 ...

Group 1: Digital Identity Authentication - The National Network Identity Authentication Public Service Platform, developed by the Ministry of Public Security, can reduce over 20 million identity information leakage risks daily through a dual mechanism of "network number + network certificate" [1] - The market for network identity authentication in China reached 11.72 billion yuan in 2023, with expectations to exceed 30 billion yuan by 2030, maintaining a compound annual growth rate (CAGR) of over 15% [2] - Key demand sectors include finance, government, healthcare, and e-commerce, with finance being the largest segment [2] Group 2: Silicon Carbide (SiC) Industry - Wolfspeed, a global leader in the SiC sector, is preparing to file for bankruptcy due to significant debt issues, despite holding over 60% market share in SiC substrates [3] - The rise of domestic SiC semiconductor companies in China indicates a shift in the semiconductor industry, emphasizing the importance of technological autonomy and market depth [4] Group 3: Environmental Protection Initiatives - The Ministry of Ecology and Environment has released an action plan for the protection and construction of beautiful rivers and lakes, aiming for a 40% completion rate by 2027 [5] - This initiative is seen as a systemic project that impacts livelihood, economy, culture, and international influence, contributing to sustainable development [6] Group 4: Robotics Development - Tesla's CEO Elon Musk announced advancements in the Optimus robot, which can learn tasks by watching YouTube videos, highlighting the potential of the humanoid robot market to reach $5 trillion by 2050 [7] - The year is marked as a pivotal moment for robot mass production, with significant opportunities in optimizing robot performance and commercializing humanoid robots [8] Group 5: Computing Power Infrastructure - The launch of the China Computing Power Platform and Shanghai Computing Power Trading Platform aims to enhance digital economic transformation and is expected to exceed a market size of 40 billion yuan by 2025 [9] - The platform integrates various functionalities to support the national "East Data West Computing" initiative, promoting the development of intelligent computing centers [10] Group 6: Brain-Computer Interface Technology - A significant breakthrough in invasive brain-computer interface technology was achieved with the successful implantation of a "closed-loop spinal nerve interface," improving patient mobility [11] - Continuous advancements in invasive technologies are expected to enhance market recognition and accelerate the commercialization of non-invasive brain-computer interface products [12]