Group 1 - The project "Research on Next-Generation Ultra-High-Density High-Throughput Gene Sequencing Technology" led by Shenzhen BGI Life Sciences Institute aims to accelerate research and promote the industrialization of core consumables such as ultra-high-density sequencing chips and fluorescent dyes [1] - The fourth-generation sequencing technology is becoming a key development direction, offering advantages such as ultra-long read lengths, real-time monitoring, and no need for PCR amplification, which are beneficial for detecting structural variations and epigenetic modifications [1] - The cost of sequencing instruments is decreasing, computational capabilities are improving, and bioinformatics algorithms are being optimized, suggesting that fourth-generation sequencing technology is expected to be widely applied in the next five to ten years, advancing precision medicine [1] Group 2 - The market size for gene sequencing instruments and consumables in China is projected to grow from approximately 1.7 billion yuan in 2015 to about 6.8 billion yuan in 2024, with a compound annual growth rate (CAGR) of approximately 16.7% from 2015 to 2024 [2] - It is estimated that the market will reach around 20.6 billion yuan by 2030, with a projected CAGR of about 20.3% from 2024 to 2030 [2] - The domestic sequencing instrument and consumables market is valued at 5.6 billion yuan in 2023, indicating strong growth potential for domestic leading sequencing manufacturers with independent intellectual property rights [2]