Group 1 - The 21st China (Shenzhen) International Cultural Industries Fair (CICIF) showcases the integration of technology and culture, with a focus on artificial intelligence (AI) products [1] - The AI exhibition area features over 60 renowned companies, presenting cutting-edge products that combine technology and culture [1] - Digital Huaxia's humanoid robot "Xialan" stands out with realistic facial expressions and advanced interactive capabilities, attracting significant attention from attendees [1][2] Group 2 - The "Xialan" robot is equipped with 29 motors to create 22 facial expressions and can recognize emotions, making it popular among both domestic and international customers [2] - Digital Huaxia aims to expand its market globally, having already received multiple orders from cultural enterprises and overseas clients during the fair [2] - The fair serves as a vital platform for connecting Chinese innovation with global demand, facilitating the digital expansion of cultural products [2] Group 3 - North Science and Technology Co., Ltd. showcases AI smart headphones and the "AI Companion" product, which utilizes proprietary voice model technology for advanced interaction [2][4] - The AR smart glasses from Guangzhou Vision Technology Co., Ltd. are designed for various applications, including museums and art exhibitions, enhancing the integration of digital content with real-world environments [4] - AI products are increasingly penetrating diverse sectors such as cultural tourism, science education, and commerce, driving a comprehensive upgrade of China's cultural consumption ecosystem [4]

Core Viewpoint - The article highlights the significance of the "Mosu Space" as a pioneering innovation ecosystem for large models in Shanghai, emphasizing its role in promoting artificial intelligence (AI) technology and fostering collaboration among various stakeholders in the industry [4][21]. Group 1: Visit by Xi Jinping - On April 29, Xi Jinping visited the "Mosu Space" during his inspection in Shanghai, engaging with participants in a salon discussing the application of multimodal AI in the industry [5][8]. - The visit inspired young researchers, such as Wang Dianyi, who expressed enthusiasm about contributing to the nation's technological innovation [8][21]. Group 2: Ecosystem and Collaboration - "Mosu Space" is recognized as the first large model innovation ecosystem in China, gathering key institutions and leading companies to drive technological breakthroughs and open-source ecosystem development [8][21]. - The space has attracted nearly 400 large model enterprises and has registered 43 large models, accounting for 61% of the city's total [21][22]. Group 3: AI Product Experience Center - The AI product experience center within "Mosu Space" allows the public to interact with various AI products, including AI dolls and educational tools, showcasing the practical applications of AI technology [12][21]. - Notable products include an AI doll that tells stories and an AI camera designed for children's education, demonstrating the integration of AI in everyday life [14][17]. Group 4: Support for Startups - "Mosu Space" provides comprehensive support for startups, including GPU resources, high-quality data, and financial assistance, addressing common challenges faced by emerging companies [22][24]. - The initiative has established a "computing power supermarket" with over 100,000 GPU cards and plans to subsidize over 360 million yuan in 2024 [22][23].

Core Insights - In Q1 2025, the company reported a revenue of 1.824 billion yuan, representing a year-on-year growth of 41.99%, and a net profit attributable to shareholders of 150 million yuan, up 47.18%, indicating a strong start to the year [1] - The company's innovation capabilities have been a key driver of its performance, with a total of 1,628 patents obtained by the end of 2024, supporting product upgrades and technological advancements [1] - The company is actively integrating AI technology into its product lines, particularly in NAS private cloud storage, audio technology, and charging solutions, to meet evolving market demands [1] Storage Segment - The company launched the world's first AINAS product, the iDX series, featuring a built-in large language model and Intel Core Ultra processor, which supports advanced functionalities like image search and intelligent file management [1] Charging Segment - The company continues to lead the fast-charging industry by introducing various innovative products in 2024, including mobile power banks, new power strips, GaN chargers, multi-functional wireless chargers, and high-power car chargers, enhancing product practicality and versatility [2] Audio-Video Segment - The company has optimized product performance in the audio-video category, releasing several new models that enhance user experience and loyalty, with plans to launch AI-enabled smart headphones in 2025 to expand its smart wearable ecosystem [2] Market Expansion - The company has deepened its localized operations in overseas markets, establishing subsidiaries in key regions such as the US, Germany, and Japan, which has strengthened its brand influence and accelerated growth in distribution channels [2] - Significant progress has been made in Europe and the Americas, with a focus on emerging markets in Southeast Asia, Latin America, and the Middle East, earning recognition as a top global expansion brand [2] Future Outlook - According to Huatai Securities, the company is expected to enter a new upward business cycle driven by its accelerated penetration in non-US markets and expansion in NAS storage categories [3]