Core Viewpoint - The company is leveraging AI technology to revolutionize the exhibition industry, enhancing communication and operational efficiency for businesses participating in international trade shows [1][2]. Group 1: AI Solutions and Innovations - The company has developed an intelligent overseas exhibition solution that combines hardware and software, specifically targeting enterprise-level users with AI glasses that support real-time translation in 128 languages [2][3]. - The AI system not only facilitates real-time communication but also automates the generation of follow-up emails and meeting summaries, significantly improving post-exhibition processes [2][3]. - During the 2025 Indonesia Jakarta International Industrial Week, the AI glasses translated over 9,000 minutes of conversation and helped achieve a buyer-seller matching rate exceeding 50% through automated email generation [2][3]. Group 2: Data-Driven Decision Making - The AI system, referred to as AI Hui Zhan, transforms the exhibition process from experience-based to data-driven, enabling comprehensive coverage of the exhibition chain [3][4]. - The system utilizes algorithms to recommend high-matching buyers before the exhibition, automates buyer information collection during the event, and provides data analysis for post-event strategy optimization [3][4]. Group 3: Commitment to R&D - The company has invested over 90 million yuan in R&D from 2020 to 2024, with a budget of over 20 million yuan for 2025, focusing on AI and big data technology [5][6]. - The company initiated its digital transformation in 2017, which allowed it to quickly adapt to online exhibitions during the pandemic, showcasing the importance of a solid digital foundation [5][6]. Group 4: Strategic Partnerships - In September 2024, the company signed a strategic cooperation agreement with the National University of Singapore's Chongqing Research Institute to enhance AI technology for B2B trade matching [6]. - The collaboration aims to develop personalized search and recommendation algorithms to improve the efficiency of connecting businesses with potential clients [6].

Core Viewpoint - The article highlights the transformative impact of AI technology on the exhibition industry, particularly through the innovations introduced by Miao Exhibition, which enhance communication and operational efficiency for businesses participating in international trade shows [1][2]. Group 1: AI Solutions and Industry Pain Points - Miao Exhibition addresses significant pain points in the international exhibition sector, such as language barriers and efficiency bottlenecks, by implementing a comprehensive "hardware + software" solution that includes AI glasses and the AI Hui Exhibition system [2]. - The AI glasses support real-time audio translation in 128 languages, specifically targeting high-frequency minor languages, and are designed to function effectively in noisy environments with unstable network signals [2]. - The AI Hui Exhibition system facilitates data-driven decision-making throughout the exhibition process, from pre-event buyer matching to post-event performance analysis, thereby transforming the traditional experience-based approach into a data-centric model [3]. Group 2: Data-Driven Operations - Miao Exhibition has accumulated over tens of millions of high-quality supplier and buyer data points through its global exhibition operations, which include buyer behavior preferences and historical negotiation records, forming the basis for precise buyer-seller matching [4]. - The company has maintained a strong commitment to digital transformation, investing over 90 million yuan in research and development from 2020 to 2024, with a budget of over 20 million yuan allocated for 2025 to further enhance AI and big data technologies [5]. Group 3: Strategic Collaborations and Future Outlook - Miao Exhibition has entered into a strategic partnership with the National University of Singapore's Chongqing Research Institute to focus on AI technology development for B2B trade matching, with the AI Hui Search being a key outcome of this collaboration [6]. - The company aims to lead the exhibition industry in digitalization and AI integration, aspiring to create a larger market ecosystem that enhances the competitiveness of all businesses engaging in international trade [6].

Core Viewpoint - Miao Exhibition plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and improve overseas business layout, financing capabilities, and brand image [1] Group 1: Company Strategy and Development - The company aims to accelerate its internationalization strategy and enhance its core competitiveness through the H-share listing [1] - Miao Exhibition's chairman highlighted the efficiency bottlenecks faced by domestic companies in international exhibitions, including language barriers and inadequate customer management [1] - The company is leveraging digital technology and its "AI Hui Exhibition" system to innovate the exhibition industry and address these challenges [1][2] Group 2: Technological Innovations - The "AI Hui Exhibition" system has achieved breakthroughs in six areas, including intelligent matching, translation, and record-keeping, utilizing a database of over 30 million global buyers [2] - Collaboration with Li Weike Technology has led to the development of AI glasses that integrate behavior sensing, multi-modal interaction, and data management capabilities [2] - The future of the exhibition industry is envisioned as being driven by data and AI, with the company aiming to enhance communication for all exporting enterprises [2] Group 3: Financial Performance - In the first half of 2025, Miao Exhibition reported a revenue of 241 million yuan, a year-on-year decrease of 7.43%, and a net profit of 15.54 million yuan, down 61.84% [2] - In the second quarter, the company achieved a revenue of 224 million yuan, a year-on-year increase of 21.5%, and a net profit of 5.23 million yuan, up 45.7% [2] - The company focuses on providing planning, organization, promotion, and operational services for overseas exhibitions, supporting domestic enterprises in their international endeavors [3]

Core Viewpoint - Miao Exhibition plans to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange to enhance its international strategy and optimize overseas business layout [2] Group 1: Company Strategy and Development - The company aims to accelerate its internationalization strategy, enhance overseas financing capabilities, and improve brand image through the H-share listing [2] - Miao Exhibition's chairman highlighted the core pain points for domestic companies in international exhibitions, including language barriers, inefficient customer management, and lack of overseas experience [2] Group 2: Technological Innovation - The self-developed "AI Hui Exhibition" system has achieved breakthroughs in six areas, including intelligent matching and translation, leveraging a database of 30 million global buyers [3] - The company collaborates with Li Weike Technology to develop AI glasses that integrate behavior sensing, multi-modal interaction, and data management capabilities, breaking down language and information processing barriers [3] Group 3: Financial Performance - In the first half of 2025, Miao Exhibition reported a revenue of 241 million yuan, a year-on-year decrease of 7.43%, and a net profit of 15.54 million yuan, down 61.84% [3] - In the second quarter, the company achieved a revenue of 224 million yuan, a year-on-year increase of 21.5%, and a net profit of 5.23 million yuan, up 45.7% [3] Group 4: Business Focus - The company focuses on planning, organizing, promoting, and operating overseas exhibitions, aiming to support domestic enterprises in going global [4]

Core Viewpoint - The integration of digital and physical exhibition formats is providing Chinese companies with new opportunities in overseas exhibitions, with Miao Exhibition leading the way in this transformation [1][2]. Group 1: Company Overview - Miao Exhibition is the first listed company in China to engage in overseas exhibition operations, collaborating with Hannover Milan (Shanghai) to host the Indonesia Industrial Exhibition, marking a significant milestone in the industry [2]. - The company aims to transform Chinese exhibition brands from domestic organizers to global exhibition operators through innovative collaboration with top overseas exhibition brands [1][2]. Group 2: Business Model Innovation - Miao Exhibition has developed an "Exhibition Going Out Incubation Platform" to address challenges faced by domestic exhibition companies, such as high costs of organizing overseas buyers and lack of local operational experience [2][3]. - The collaboration with Hannover Milan employs a business model based on brand co-branding, resource exchange, and revenue sharing, enhancing the overall exhibition experience [2][3]. Group 3: Performance Metrics - The 2025 Indonesia Industrial Exhibition attracted over 1,000 exhibitors from China and other countries, with more than 90,000 pre-registered professional buyers and over 35,000 attendees, resulting in trade cooperation exceeding 100 million yuan [3]. - Miao Exhibition aims to establish 30-50 industry-specific Chinese brand exhibition platforms in the top ten global markets by 2025, increasing China's share in the global exhibition market [3]. Group 4: Technological Advancements - Miao Exhibition has developed the "AI Hui Zhan" system, integrating AI and big data to enhance overseas exhibition operations, making it a leader in the domestic exhibition industry [4][5]. - The AI system addresses common pain points in foreign trade exhibitions, such as memory confusion and language barriers, by automating information management and communication [5]. Group 5: Support for First-Time Exporting Companies - Miao Exhibition provides comprehensive support for first-time exporting companies, including market research, AI technology empowerment, and ongoing market development assistance [6][7]. - The company has assisted over 1.5 million Chinese enterprises in their first overseas exhibition, with significant reductions in customer acquisition costs and increased success rates in securing overseas orders [7][8].