据介绍，来自75个国家和地区及全国各地的7600余位嘉宾、2200多家商协会和企业代表参会，预计参展 参会嘉宾达1.78万名。首次实现22个阿拉伯国家和全国31个省区市、新疆生产建设兵团和港澳台地区全 部参会，充分展现了本届中阿博览会的吸引力和影响力。 阿联酋是本届博览会主宾国。主宾国代表团团长、阿联酋经济与旅游部副部长萨利赫表示，此行深切感 受到宁夏日新月异的发展变化和在促进阿中关系发展中发挥的积极作用。阿方愿同宁夏一道落实两国元 首重要共识，拓展更多领域、更高层次合作，实现共同发展。 在第七届中阿博览会开幕式上，索马里总理哈姆扎·阿卜迪·巴雷表示，中国提出共建"一带一路"倡议并 搭建合作平台，证明互联互通与开放合作是实现共同发展的最佳路径，将开辟更广阔的发展前景，带来 更多繁荣与稳定。 "中阿博览会为我们提供了一个实现高层对话、促进经济合作的重要平台，也为进一步深化各国的多领 域务实合作注入了新动能。"加纳总统特别代表、议会多数党领袖阿亚里加·马哈马在开幕式上表示，将 与中国进一步拓展合作空间，持续深化在矿产资源开发、能源化工、基础设施建设等重点领域的合作， 加中两国必将迎来更加广阔的发展前景。 驼铃古道 ...

证券时报记者 李映泉 资料显示，威胜控股是国内领先的能源计量及能效管理企业，产品与服务包括三大核心业务——电智能 计量解决方案（电AMI）、通讯及流体计量解决方案（通信及流体AMI）、智能配用电系统及解决方案 （ADO）。公司当前客户包括电网公司、水务、燃气及热力等公用事业及大型工商业客户，主导产品 在国内市场占有重要份额，并出口至亚洲、非洲及欧美等全球多个国家。 公司表示，此次签约方之一的CFE是墨西哥电力工业的主导者，由墨西哥政府建立和拥有，在墨西哥拥 有庞大的发电量和全部的输配电系统，是国家电网唯一运营商，提供发输配电一体化服务，覆盖约5000 万名用户。另一签约方Tanesco则是坦桑尼亚境内唯一的国有电力公司，为当地约1500万用户提供服 务。公司于海外的主要新兴市场取得3项总价值逾8.52亿元的大型智能电表合约，进一步提升了集团品 牌的国际化程度。 威胜控股主席吉为表示，公司期待在非洲市场持续获得稳定的电表采购订单的同时，亦能积极开展储能 等新项目的开拓工作。此次中标充分反映公司海外业务高速成长，在拉丁美洲、非洲及亚洲中部等新兴 市场持续取得理想发展。目前，威胜控股于墨西哥和坦桑尼亚均拥有研发中心 ...

Market Overview - On July 16, the Hang Seng Index fell by 72 points or 0.3%, closing at 24,517 points, while the Hang Seng Tech Index decreased by 0.2% to 5,418 points[1] - The total market turnover reached HKD 259 billion, indicating active trading, with a net inflow of HKD 1.6 billion through the Hong Kong Stock Connect[1] Sector Performance - Funds are shifting towards previously lagging sectors such as technology, robotics, software, telecommunications, and food and beverage[1] - Pharmaceutical stocks like Lijun Pharmaceutical (1513 HK), Fosun Pharma (2196 HK), and Weigao Group (1066 HK) saw gains between 5.6% and 13.1%[1] - High-end manufacturing stocks such as Sanhua Intelligent Control (2050 HK) surged by 8.4%, while related AI and robotics manufacturing stocks rose by 3.9% to 6.4%[1] Global Financial Trends - The US dollar index and the 10-year US Treasury yield have been gradually rising since July, potentially impacting liquidity in the Hong Kong market[2] - The forecasted PE ratio for the Hang Seng Tech Index is 15.6 times, close to historical lows, with its valuation relative to the NASDAQ 100 at the 23.3% percentile over the past three years[2] Company Highlights - Pop Mart (9992 HK) expects a revenue increase of no less than 200% and a net profit growth of at least 350% for the first half of the year, but its stock fell by 4.0% post-announcement due to profit-taking[3] - 361 Degrees (1361 HK) anticipates double-digit revenue growth for the first half of the year, with a year-to-date increase of 19.1%[3] Healthcare Sector Developments - The Hang Seng Healthcare Index rose by 0.8%, with China Biologic Products (1177 HK) announcing a USD 500 million acquisition of a new drug company, which is expected to drive revenue growth[4] - Green Leaf Pharmaceutical (2186 HK) shares increased by 9.4%, driven by expectations of overseas licensing agreements[4] Renewable Energy and Utilities - The renewable energy and utilities sector saw a general decline, except for Winsun Holdings (3393 HK), which rose by 3.6% and has increased by 28.7% since coverage began in June[5]

Core Viewpoint - Wasion Holdings has secured three overseas contracts in 2023, enhancing its international presence and brand recognition in the smart meter market [2][3] Group 1: Contract Details - Wasion Mexico signed a smart meter supply agreement with the Mexican Federal Electricity Commission (CFE) valued at over 238 million RMB, contributing to a total of approximately 791 million RMB in contracts won in Mexico for 2025 [2] - Wasion Tanzania won a smart meter contract worth about 61 million RMB from Tanzania Electric Supply Company (Tanesco), marking Tanzania as a key business hub in East Africa [2][3] - The total value of the three contracts amounts to over 852 million RMB, indicating significant growth in overseas markets [3] Group 2: Company Background and Market Position - Wasion Holdings is a leading domestic energy measurement and efficiency management company, offering three core business areas: electric smart metering solutions (AMI), communication and fluid metering solutions, and smart power distribution systems [2] - The company serves a diverse client base, including utility companies and large industrial clients, with a strong market share in China and exports to various regions including Asia, Africa, and Europe [2] Group 3: Future Outlook - The company aims to continue securing stable smart meter procurement orders in Africa while actively exploring new projects such as energy storage [3] - Wasion Holdings has established R&D centers and production facilities in both Mexico and Tanzania, with plans to expand into surrounding markets to enhance local competitiveness [3]

Investment Rating - The report suggests to pay attention to the company due to its increasing influence in overseas markets and the growing demand for smart metering products driven by the replacement cycle [4]. Core Viewpoints - The company, Kaifa Technology, is a leader in smart energy metering, focusing on intelligent and digital energy management solutions, with a strong presence in overseas markets [1][8]. - The global smart metering market is expected to reach USD 36.39 billion by 2028, with a compound annual growth rate (CAGR) of 9.5%, indicating significant growth potential for the company [2]. - The company has a strong market position in Europe, with its market share increasing from 9.46% in 2021 to 12.14% in 2023 [3]. Company Overview - Kaifa Technology specializes in smart metering solutions, including smart electricity, water, and gas meters, as well as AMI system software [1][8]. - The company was established in 2016 and has a history of over 20 years in the smart metering industry, having participated in significant projects in Europe [9]. - The company’s revenue is primarily derived from overseas sales, with 92.15% of its revenue coming from international markets in the first half of 2024 [32]. Financial Performance - The company forecasts revenue and net profit for 2024 to be approximately CNY 29.33 billion (+15.02%) and CNY 5.88 billion (+20.64%), respectively [1]. - In the first half of 2024, the company achieved revenue of CNY 12.98 billion, with a gross margin of 37.35% [39]. - The company’s main products, smart meters and their core units, accounted for 98.52% of its revenue in the first half of 2024 [39]. Market Dynamics - The global trend towards building smart energy systems and new power systems is driving demand for smart metering infrastructure [2]. - The company is well-positioned to benefit from the ongoing replacement cycle of smart meters, particularly in regions where demand is strong [2][3]. - The company plans to invest CNY 1.017 billion in projects that are expected to enhance its performance [3]. Competitive Positioning - The company’s P/E ratio for 2024 is estimated at 14.27X, compared to the industry average of 18.22X for 2023, indicating potential undervaluation [4]. - The company has established stable relationships with major power companies and contractors, which supports its revenue stability [28].