Core Insights - The report highlights the current state of the domestic financial market, emphasizing the need for strategic investment decisions based on macroeconomic indicators and industry trends [2][3]. Macro News Summary - As of the end of May 2025, China's foreign exchange reserves stood at $32,853 billion, an increase of $36 billion from April, reflecting a growth rate of 0.11% [4]. - The People's Bank of China reported a gold reserve of 7,383 million ounces at the end of May, marking a month-on-month increase of 60,000 ounces, continuing a seven-month trend of gold accumulation [4]. Industry Developments - The Ministry of Industry and Information Technology is focusing on deepening the application of artificial intelligence in the industrial sector, with related stocks including Huichuan Technology (300124) and Kute Intelligent (300840) [5]. - Domestic embodied large models have achieved full-scene validation in automotive manufacturing, with relevant stocks such as Zhaowei Electromechanical (003021) and Tuosida (300607) [5]. - Suzhou University has set new efficiency records for perovskite batteries at 26.9% and 27.3%, with related stocks including Baoxin Technology (002514) and Jiejia Weichuang (300724) [5]. Company Focus - Dongxin Peace (002017) has launched digital RMB-related products, including hardware wallet cards and reading devices [6]. - Jiechuang Intelligent (301248) plans to procure servers for providing intelligent cloud services, with a total procurement amount not exceeding RMB 600 million [6]. - BlueFocus Communication Group (300058) is planning to issue H-shares and list on the Hong Kong Stock Exchange to advance its globalization strategy [6]. - Longbai Group (002601) intends to repurchase shares worth between RMB 500 million and 1 billion for employee stock ownership plans, with a repurchase price not exceeding RMB 24.82 per share [6]. Market Review and Outlook - The market maintained a strong oscillating pattern, with the Shanghai Composite Index slightly up by 0.04%, closing at 3,385 points, while the Shenzhen Component and ChiNext Index experienced minor declines [7]. - The trading volume across both markets was 1.15 trillion, a decrease of 138.4 billion from the previous trading day [7]. - The report notes that the market is currently lacking a clear directional trend, with a balanced ratio of advancing to declining stocks at 1:1, indicating a cautious investment atmosphere [7]. - Technical analysis suggests that if the market can break through the 3,400 resistance level with increased volume, it may open up further upward potential; otherwise, it may face a correction phase [7].

Group 1: Low-altitude Economy Strategy - The company has developed a "drone equipment digital identity security solution" based on its IoT technology, addressing the digital identity and security connection needs in the low-altitude economy [1] - The "FlightGuard" project, developed in collaboration with multiple institutions, won an award at the 2025 Mobile World Congress, providing a systematic solution for security control in drone logistics and cross-border collaboration [1] - The company aims to enhance its "digital identity + industry comprehensive application capability" to build a multi-dimensional security protection system covering air, land, and sea [1] Group 2: Digital Currency Initiatives - The company is actively involved in the development of blockchain, privacy computing, and digital wallet technologies, participating in the national digital RMB program and product validation [2] - It has successfully launched digital RMB-related products, including hard wallet cards and reading devices, leveraging its core technology advantages in blockchain and 5G [2] - The company has developed a mobile SIM card (BSIM) with blockchain account management features in collaboration with research institutes, combining mobile communication and financial asset management [2] Group 3: International Market Expansion - The company is responding to the "Belt and Road" initiative, establishing a "dual circulation dual pillar" international development pattern with 5 overseas subsidiaries and 3 production bases [2] - Its business covers Southeast Asia, the Middle East, and Europe, with a significant global market presence, and plans to strengthen penetration in emerging markets like South America and Africa [2] Group 4: Capital Operation Planning - The company plans to promote external growth through industry-finance integration, focusing on high-quality marketable targets in the digital economy [2] - It seeks opportunities for vertical and horizontal mergers and acquisitions to achieve synergy between industrial operations and capital management [2]