Core Viewpoint - A new small-screen device with a wide aspect ratio is being developed by a major manufacturer, likely Huawei, featuring a 6.39-inch ±1.5K OLED display, with an internal schedule set for the fourth quarter of 2026 [8][9]. Group 1 - The new device is expected to have a screen aspect ratio of approximately 16:9 or 16:10, indicating a premium positioning in the market [8][9]. - The design is described as a "wide foldable in a non-foldable state," which has raised curiosity among users regarding its dimensions [8][9]. - The device's form factor can be compared to the Huawei Pura X, which features a 6.3-inch 16:10 wide screen and supports various advanced display technologies [8][12]. Group 2 - The Huawei Pura X, launched on March 20 of the previous year, is noted for its unique advantages in viewing experiences for movies, gaming, and browsing due to its wide screen [12]. - The Pura X is the first phone to fully integrate the HarmonyOS 5 system, showcasing Huawei's commitment to innovation in mobile technology [8][12].

Investment Rating - The report maintains a "Recommended" investment rating for the industry [7] Core Insights - Huawei officially launched the HarmonyOS computers, marking a significant step for domestic operating systems in the PC sector [2][13] - The launch of HUAWEI MateBook Pro and HUAWEI MateBook Fold Nonpareil Master enhances Huawei's "AI + All-Scenario" strategic barrier, with performance optimization and intelligent interaction [5][29] - The HarmonyOS ecosystem is rapidly evolving, with over 150 dedicated applications adapted to the system and more than 1,100 external devices supported [52][59] Summary by Sections 1. HarmonyOS Computers Officially Launched, Broad Domestic Market Space - Huawei introduced HUAWEI MateBook Pro and HUAWEI MateBook Fold Nonpareil Master on May 19, 2025, showcasing innovative form factors and capabilities [13][18] - The domestic PC market is projected to have a total shipment of approximately 39.7 million units in 2024, with Huawei's market share increasing to 11% [21][26] 2. Hardware Innovations Leading the Market, Nonpareil Master Reshaping Experience - HUAWEI MateBook Pro is the first laptop to support Star Flash technology, enhancing device location capabilities [15][29] - HUAWEI MateBook Fold features an 18-inch dual-layer OLED flexible folding screen, redefining user experience and multitasking capabilities [45][48] 3. Software Ecosystem Becoming More Complete, Innovative Interaction Experience - HarmonyOS 5, fully integrated into the new computers, replaces the previous Linux kernel, enhancing security and efficiency [57][59] - The introduction of AI capabilities and smart interaction features significantly improves user productivity [54][56] 4. Listed Companies Actively Participating, Opening New Growth Space - Companies like Zhongruan International and Softcom Power are contributing to the HarmonyOS ecosystem, enhancing compatibility and expanding application availability [4][63] - Zhongruan International's Harmony Cloud Virtual Machine allows seamless compatibility with Windows applications, addressing initial ecosystem challenges [66][70]