Group 1 - Xuanbu Investment recently conducted research on a listed company, Aishide, which is a retail service provider for the Honor brand and has actively participated in various fields [1] - Aishide invested 660 million yuan in a joint acquisition of Honor, and the company is preparing for the initial public offering of Honor Terminal Co., Ltd. with a counseling status of "counseling record" [1] - Aishide has established a partnership focused on smart terminals, artificial intelligence, and low-altitude economy, and has completed the registration of Shenzhen Aishide Smart City Industrial Investment Partnership [1] Group 2 - Aishide has implemented a three-year shareholder return plan (2023-2025) and has distributed over 4 billion yuan in cash dividends since its listing [1] - The National Development and Reform Commission has initiated a "two new" policy, allocating a total of 162 billion yuan in central funds for consumer goods replacement, with an additional 138 billion yuan to be distributed [1]