Key Corporate Announcements: PATEO (02889) held a strategic cooperation signing ceremony and related exchange activities with NVIDIA in the United States. Sihuan Pharmaceutical (00460) signed a cooperation agreement with Shenyuanzhi Pharmaceutical to deepen the strategic deployment of AI in the entire medical aesthetics industry chain and new drug R&D. MicroPort NeuroTech (02172) entered into a strategic cooperation agreement with Aoyi to promote the deep integration of brain-computer interface and exoskeleton robot systems. China Wantian Holdings (01854)'s subsidiary signed a strategic cooperation framework agreement with Zhongshan Shengdefen Enterprise Investment regarding a proposed strategic cooperation and the proposed establishment of a joint venture entity. China Communications Construction (01800) plans to invest RMB 200 million to participate in establishing a Transportation Information Technology Fund, focusing on smart transportation and emerging technologies. Yimei International Holdings (01870) established strategic cooperation with LONGi Solar regarding green power energy projects and related product supply in Southeast Asia and Oceania. Plateau Treasure (08402) signed a strategic cooperation memorandum with Cai Ya to enter the big health industry. Inspur Digital Enterprise (00596) was selected as a national-level pilot unit for the Intelligent Agent Interconnection Protocol. GCL New Energy (00451) plans to establish a joint venture with AntChain Inc. to develop overseas asset services. Zhonglian Development Holdings (00264) entered into a joint venture agreement for developing AI data center business in Southeast Asia. Innovent Biologics (01801) reached a global strategic collaboration with Pfizer to accelerate the development of innovative oncology drugs. De Xiang Properties (00199) achieved significant progress in its AI computing power business, signing its first AI computing power technical service contract and entering into a strategic cooperation framework agreement with Ronglian Technology (002642.SZ).

Operational Performance: AUTOHOME-S (02518) achieved total net revenue of RMB 10.484 billion in the first quarter and announced a substantial dividend of RMB 500 million to return value to shareholders. Modern Dental (03600) reported total revenue of approximately HK$988 million for Q1, representing an increase of about 12.1% year-on-year. Li Auto-W (02015) reported a net loss of RMB 2.276 billion for Q1, shifting from a profit to a loss compared to the same period last year. DL Holdings (01709) issued a profit alert, expecting an annual profit of approximately HK$330-370 million, representing a year-on-year increase of about 140%-170%. Weibo-SW (09898) announced Q1 results with net profit attributable to owners of the parent company of $34.715 million, a decrease of 67.55% year-on-year. XPENG-W (09868) reported a Q1 net loss of RMB 1.78 billion, widening by 168.7% year-on-year. Johnson Electric Holdings (00179) released its annual results, with profit attributable to shareholders of $202 million, a decrease of 23% year-on-year.