Group 1 - The 2025 AI Product Application Expo will be held from July 28 to 30 at the Suzhou International Expo Center, focusing on the theme "Intelligence Without Boundaries, Wisdom Coexists" [1] - The expo will feature the awarding of the second "Zu Chongzhi Award" for AI frontier innovation, the release of the annual report on AI development, and the China Urban AI Development Index [1] - A special AI exhibition group will be established for China-Singapore cooperation, showcasing innovations in "AI + Life Sciences," "AI + Intellectual Property Protection," and "AI + Manufacturing" [1] Group 2 - Since its inception in 2018, the expo has attracted over 1,000 exhibiting companies and teams, showcasing more than 5,000 AI products and solutions, and has hosted over 100 thematic forums and product launches [2] - The Suzhou Industrial Park has achieved an AI and digital industry output value exceeding 60 billion yuan in the first half of the year, with a year-on-year growth of 9% [2] - The park has nurtured 20 listed companies, 64 unicorns, and 213 gazelle companies in the AI sector, gathering over 1,000 talents in the field [2]

Core Viewpoint - Geling Deep Vision, known as the "first AI stock on the Sci-Tech Innovation Board," is facing its most severe survival test since its establishment due to a significant decline in performance, with a 55.30% drop in revenue and a net loss of 2.12 billion yuan in 2024 [1][2][5] Financial Performance - In 2024, Geling Deep Vision reported total revenue of 117.24 million yuan, a decrease of 55.30% compared to 2023 [3][4] - The net profit attributable to the parent company was -211.60 million yuan, representing an increase in losses of 134.24% year-on-year [1][3] - In Q1 2025, revenue further declined by 75.02% to 7.67 million yuan, with a net loss of 44.50 million yuan, a 64.22% decrease compared to the same period in 2024 [4][5] Customer Dependency - The company heavily relies on a single major client, with sales to this client amounting to 217 million yuan in 2023, accounting for 82.62% of total revenue [1][5] - The major client, Agricultural Bank of China, has requested comprehensive domestic product adaptation, leading to delivery delays and a significant drop in revenue [1][5] Management Changes - Key personnel changes have occurred, including the resignation of the board secretary and the appointment of new executives, indicating a strategic shift within the company [1][7] - The new CFO, who has a background in capital operations, is seen as a signal for accelerating refinancing efforts [9][10] Strategic Shift - The company is transitioning from a "pure AI software" focus to a "soft and hard integration" strategy, aiming to enter the military and innovation sectors [10] - Geling Deep Vision plans to launch a new generation of integrated AI products in 2025 and explore new markets such as education and healthcare [10]