Core Viewpoint - LiberLive is redefining the concept of stringless guitars with the launch of its new generation product, C2, which enhances user experience and expands musical expression capabilities [4][7][9]. Product Development - The C1 stringless guitar, launched in April 2023, made music accessible to a broader audience, allowing users to learn and play within three minutes [5][6]. - The C2, set to launch in August 2025, builds on the success of C1, improving hardware performance and user experience while maintaining the established design [7][15]. Market Potential - The global smart guitar market is projected to reach approximately 1.4 billion yuan in 2024, with stringless guitars being the fastest-growing segment, expected to grow to 3.23 billion yuan by 2030, reflecting a compound annual growth rate of 13.9% [13]. User Engagement - The introduction of C1 sparked a vibrant community of music enthusiasts, leading to a surge in user-generated content and a renewed interest in the smart instrument sector [6][12]. - C2 aims to further enhance user engagement by offering a more intuitive and versatile playing experience, allowing users to express their musical creativity more freely [27]. Innovation in Music Expression - C2 introduces a "style pack" system that allows users to select musical styles based on emotional resonance rather than technical parameters, simplifying the creative process [18][21]. - The product features advanced technology that captures nuanced playing techniques, enhancing the overall sound quality and user experience [24][26]. Brand Philosophy - LiberLive's approach emphasizes making technology invisible to enhance natural musical expression, fostering a community where individual creativity can flourish [30][31]. - The brand's long-term strategy focuses on responding to genuine user needs through valuable innovations, contributing to a richer cultural landscape in the music industry [32].

Group 1 - The 21st China (Shenzhen) International Cultural Industries Fair (CICIF) opened on May 22, showcasing over 120,000 cultural products across eight exhibition halls covering a total area of 160,000 square meters, with more than 4,000 cultural industry investment and financing projects on display and for transaction [1] - The fair introduced an AI exhibition area for the first time, featuring over 60 companies from the AI sector, highlighting the vigorous development of new productive forces and new business models in the cultural industry [2] - Tencent's exhibition focused on AI tools for cultural creators, enabling them to develop content from scratch and create unique AI artworks and 3D gifts [2] Group 2 - The fair showcased immersive experiences using XR technology, allowing visitors to interact with historical figures in a recreated Tang Dynasty market [2] - The event emphasized the integration of technology and culture, leading to the emergence of new consumption patterns and innovative cultural products [4] - The fair serves as a cultural industry barometer, reflecting the optimization of industry ecology, the leadership in cultural innovation, and the expansion of international influence [5]