Core Viewpoint - The company is currently not collaborating with Alibaba Lingguang but is integrating its products with Alibaba Cloud and other technologies to enhance the smart campus ecosystem [1] Group 1: Company Collaboration and Technology Integration - The company is leveraging Alibaba Cloud, Tongyi Qianwen large model, voice recognition, and cloud security products for solution integration [1] - Ant Group's wholly-owned subsidiary, Shanghai Yunxin, is the company's second-largest shareholder, indicating a strong business synergy and clear technical collaboration [1] - The company plans to explore the integration of its AI product matrix, represented by "Xiao Mei Classmate," with the underlying capabilities of Alipay's AI agent base [1] Group 2: Benefits of Collaboration - Technically, this collaboration can save significant foundational R&D costs and accelerate the resolution of multi-modal interaction challenges, enhancing product iteration efficiency [1] - The collaboration allows "Xiao Mei Classmate" to adapt to more complex user needs, expanding its application boundaries in life services and intelligent consulting [1] - The reliance on Alipay's technical foundation ensures product experience stability and compatibility, laying the groundwork for future AI scenario collaborations [1] Group 3: Future Plans and Performance Impact - The company will advance the integration of foundational capabilities according to product iteration schedules, with user data and scenario penetration rates to reflect the effectiveness of the collaboration [1] - Currently, the related plans have not yet been implemented and have not positively impacted the company's performance [1]

Group 1: Industry Trends - The technology sector remains highly active in the capital market, with the government report for 2025 emphasizing the establishment of a growth mechanism for future industries, including biomanufacturing, quantum technology, embodied intelligence, and 6G [1] - The release of the first general AI agent, Manus, has further ignited enthusiasm in the capital market, particularly for humanoid robots, AI agents, and 6G concept stocks [2] Group 2: Company Performance - Zhenyu Technology has seen a significant stock price increase of 149% year-to-date, while Meili Technology has risen by 136.5%, with Meili's stock surging 53.6% since March [2] - As of March 7, Zhenyu Technology's stock closed at 173.41 CNY per share, marking a 20% increase [3] - On March 7, Zhenyu Technology's institutional investors net sold 181 million CNY, while northbound funds net bought 37.06 million CNY [4] - Meili Technology announced that its stock experienced a cumulative price deviation exceeding 30% over three consecutive trading days, indicating abnormal trading activity [5] Group 3: Institutional Activity - Institutional investors showed significant trading activity in humanoid robot stocks, with three institutions collectively buying 220 million CNY and selling 214 million CNY, resulting in a small net purchase [8] - Three-dimensional communication stocks have gained attention following their mention in the government report, with a 15.32% increase in March [8] - On March 7, three-dimensional communication stocks saw a 4.53% decline, with a trading turnover rate of 44.50% [9] Group 4: AI Agent Market - The AI agent market is gaining traction, with the launch of Manus generating significant interest, and discussions at the National People's Congress highlighting the importance of AI agents in various industries [11] - Newcap and Kute Intelligent have also seen substantial stock price increases, with Newcap rising 50.9% in March [12] - Kute Intelligent's stock increased by 11.10% on March 7, with a trading volume of 3.195 billion CNY and a turnover rate of 61.88% [14]