Core Insights - Shenzhen is focusing on upgrading traditional industries to align with modern technological advancements and market demands, aiming to enhance the overall scale of traditional industries to over 700 billion yuan within three years [1][2][3] Group 1: Traditional Industry Development - Traditional industries are characterized by labor-intensive and manufacturing processes, relying on mature technologies and stable market systems, contrasting with emerging industries that are driven by new technologies and high innovation [2] - Shenzhen's traditional industries, such as textiles, packaging, furniture manufacturing, and jewelry, are recognized as national benchmarks, with the watch industry leading global production [2] - The push for traditional industry optimization reflects a pragmatic approach to meet consumer demands and stimulate economic recovery [2] Group 2: Technological Empowerment - Traditional industries can transform into new productive forces through the integration of new technologies, particularly with the ongoing technological revolution represented by artificial intelligence [2][3] - The AI eyewear market is projected to grow significantly, with Shenzhen's eyewear industry expected to reach an annual output value of over 15 billion yuan and account for 50% of the global mid-to-high-end eyewear market by 2024 [3] - The initiative to upgrade traditional industries will enhance their development capabilities, expand market opportunities for tech companies, and foster a robust ecosystem for new products and business models [3]

Group 1: Business Growth Strategies - The company aims to maintain its leading position in the daily chemical, food and health products, and consumer electronics sectors while accelerating development in tobacco products, alcoholic packaging, and pulp molding to cultivate new growth points [2][3] - The strategic focus includes optimizing comprehensive costs, innovating differentiated breakthroughs, and enhancing category specialization [2] Group 2: Market Expansion Plans - In the daily chemical, food, and health products sectors, the company plans to enhance its competitive edge through upgrades in R&D, production, and sales systems, while deepening cooperation with existing major clients and exploring new business opportunities [3] - The company is actively developing a software and hardware operating system that meets the standards of benchmark enterprises in the consumer electronics sector, aiming to leverage AI-driven product upgrades [3] Group 3: Industry-Specific Developments - In the tobacco and alcoholic beverage sectors, the company is expanding its marketing and production capabilities in Tianjin and Chengdu to accelerate customer acquisition and business growth [3] - The pulp molding industry is expected to grow due to increasing domestic and international restrictions on plastic use, prompting the company to expedite the development of its pulp molding bases in Tianjin and Zhongshan [3] Group 4: Client Collaboration and New Opportunities - The company continues to supply packaging products for the brand Pop Mart, serving a diverse range of clients across cosmetics, oral care, personal and household care, food and health products, pharmaceuticals, consumer electronics, tobacco, and emerging sectors [3]

Group 1 - The "Guzi Economy" is driving significant growth in the printing and packaging industry, particularly in Wenzhou, where demand for cultural peripheral products is surging among young consumers [1][2] - The term "Guzi" refers to IP peripheral products derived from anime and gaming, which have become popular among younger generations, evolving from niche collectibles to mainstream cultural products [1][2] - In 2024, the total output value of the printing and packaging industry in Longgang City is projected to reach approximately 23 billion RMB, marking a continuous growth from 11 billion RMB in 2019 [2] Group 2 - The "Guzi Economy" serves as a conduit for cultural industries and a lucrative opportunity for the printing and packaging sector, with companies expanding production to meet rising demand [2] - For instance, the sales revenue from peripheral products of the popular IP "The King's Avatar" exceeded 30 million RMB last year, highlighting the economic potential of this market [2] - The local printing industry is innovating various printing technologies and developing diverse processes to cater to the evolving consumer preferences of the younger demographic [2]