Group 1 - The pet smart wearable device market is attracting significant capital investment, with the brand Xinglian Future recently completing a multi-million Pre-A round of financing led by Zero One Venture Capital [1] - Xinglian Future was co-founded by former executives from Huami Technology, who have extensive experience in the smart hardware industry, including the development of various wearable products and health cloud services [1] - The company focuses on integrating AI and smart wearable technology into the pet sector, aiming to create a scientific pet care solution that combines hardware, data, and ecosystem [1] Group 2 - The first AI pet smart collar launched by Xinglian Future achieved sales of several million dollars within three months of its release, ranking first in its category during Amazon's Prime Day [1] - The recent financing will be used for the continuous iteration and mass production of pet tracking collars and satellite integrated trackers, as well as for expanding overseas channels and developing services around location, behavior, and health data [1] - Industry insiders note that the current pet industry hardware is still in a phase of single-function products, and the introduction of tracking collars can fill the gap by providing actionable behavioral and health data [2] Group 3 - The global pet industry is experiencing rapid growth, particularly in the U.S. market, which has 164 million cats and dogs, yet the concentration of smart pet devices remains low compared to upstream food and downstream insurance sectors [3] - Tractive, a leading European pet GPS and health tracking service provider, recently acquired Whistle, a recognized pioneer in the pet tracking and activity monitoring field, indicating a trend of consolidation in the smart pet device market [3] - There is significant potential for product upgrades and AI empowerment in the pet wearable device sector, presenting unique opportunities for Chinese teams that combine hardware and software in a rapidly iterating market [3]