Core Viewpoint - The article discusses the introduction of a new technology called Reality Proxy, which enhances human-computer interaction by allowing users to seamlessly select and manipulate real-world objects through a mixed reality interface, overcoming limitations of traditional XR devices [10][13][14]. Group 1: Technology Overview - Reality Proxy is a digital representation of real-world objects that allows users to interact with them without being hindered by physical constraints such as distance or size [14][16]. - The interaction process involves three main steps: activating the proxy, generating the proxy, and interacting with the proxy [17][19][24]. - The system captures the semantic structure of the environment and creates proxies that maintain spatial relationships, allowing for intuitive manipulation [20][22]. Group 2: Interaction Features - Users can browse object previews, select multiple objects, filter objects by attributes, and utilize physical features for interaction [30][31][32][34]. - The technology supports semantic grouping and custom grouping, enabling users to organize and manipulate objects efficiently [36][40]. Group 3: Practical Applications - Reality Proxy can be applied in various scenarios, such as quickly locating specific books in an office or interacting with kitchen appliances [41][43]. - It facilitates efficient navigation and interaction in large buildings and allows for dynamic control of real-world objects like drones [45][47]. Group 4: User Feedback and Evaluation - Participants in the study found Reality Proxy to be practical and effective in addressing interaction challenges with distant or hard-to-reach objects [53]. - The system was praised for its speed and reduced physical fatigue, although some users noted a learning curve and the need for improved accuracy in proxy positioning [54][55].

Core Viewpoint - YingShi Innovation Technology Co., Ltd. has officially listed on the Sci-Tech Innovation Board with the stock code "688775" on June 11, 2025, marking a significant milestone for the company and its early investors [2]. Investment and Growth - Founded by Liu Jingkang, a "post-90s" entrepreneur, 10 years ago, YingShi Innovation has become one of the most popular smart imaging brands globally, leading the panoramic camera market for six consecutive years with a market share of 67.2% [3]. - The company has attracted investments from notable institutions such as IDG Capital, Qiming Venture Partners, and others, and has introduced strategic investors like Temasek, Tencent, and Luxshare Precision in its IPO [4][5]. Long-term Support from IDG Capital - IDG Capital was the first angel investor in YingShi Innovation and has been its largest institutional shareholder prior to the IPO, demonstrating a long-term commitment to the company [5][6]. - The initial investment from IDG Capital occurred when Liu Jingkang was still a student, with the company having only six team members and no clear commercialization path at that time [8]. - IDG Capital's investment philosophy emphasizes the importance of supporting young entrepreneurs and recognizing their innovative potential, which has proven successful in the case of YingShi Innovation [8][10]. Industry Impact and Future Outlook - YingShi Innovation's successful IPO is seen as a validation of IDG Capital's foresight and the value of long-term investment strategies [6]. - The company has achieved significant milestones, including the launch of a landmark consumer product in 2018 that led to substantial profitability, reinforcing confidence among early investors [10]. - IDG Capital has also invested in other consumer technology leaders, such as Ecovacs and Anker Innovations, showcasing its strategy of nurturing Chinese consumer technology companies [13][14]. Emerging Trends in Consumer Technology - IDG Capital continues to focus on consumer technology investments, aiming to help companies integrate hardware manufacturing with software innovation, transitioning from "Made in China" to "Innovated in China" [15]. - The rise of a new generation of entrepreneurs with global perspectives and innovative capabilities is highlighted as a key trend, particularly in the context of accelerating AI technology [15].

Market Performance - Major stock indices in China experienced a significant upward trend, with the Shanghai Composite Index rising by 0.82% to 3369.24 points, the Shenzhen Component Index increasing by 1.72% to 10301.16 points, and the ChiNext Index climbing by 2.63% to 2064.71 points, alongside a total trading volume of 1341 billion yuan, an increase of nearly 120 billion yuan from the previous day [1] Trade Relations and Sector Impact - The recent US-China trade talks resulted in substantial progress, with both sides agreeing to significantly lower bilateral tariff levels, which is expected to benefit sectors such as electric new energy and export chains, particularly in areas like the power battery supply chain and photovoltaic inverters [2][5] - The reduction in tariffs is anticipated to restore business for companies exporting to the US, especially those in the electric new energy sector, which had been adversely affected by previous tariff policies [2] PCB Demand and AI Sector - The easing of US-China tariffs is expected to alleviate pressure on the demand forecast for AI-related PCBs, with positive feedback from downstream ODM manufacturers indicating resilience in PCB demand [3] Gas Turbine Market - The global gas turbine market is entering an upcycle, driven by increased demand for natural gas power generation and the expansion of AIDC in North America, leading to a surge in orders for core components from Chinese manufacturers [4] Strategic Mineral Export Control - The Chinese government is intensifying efforts to combat the smuggling of strategic minerals, with a coordinated action plan involving multiple departments to prevent illegal outflows [6] Financial Support for Nansha Development - A joint opinion from several financial regulatory bodies emphasizes increased financial support for the development of Nansha, aiming to enhance its role in the Guangdong-Hong Kong-Macao Greater Bay Area and support high-end manufacturing industries [7] Brain-Computer Interface Industry Development - Sichuan province has launched an action plan to cultivate the brain-computer interface and human-computer interaction industries, targeting significant breakthroughs and the establishment of a robust industrial ecosystem by 2027 [8] Manus Product Launch - The AI Agent product Manus has announced its open access to all users, introducing a free task execution model and plans for a subscription service to accelerate commercialization [9]