On June 10, Shenwan Hongyuan 2025 Capital Market Summer Strategy Meeting was held in Beijing. At the meeting, Zhou Haichen, a member of the executive committee of Shenwan Hongyuan Securities and chairman of the Research Institute, said that it is currently at a new starting point for a new round of global scientific and technological revolution. In recent years, breakthroughs have been made in cutting-edge fields represented by artificial intelligence, quantum computing, biotechnology, and new energy sources. The scientific and technological revolution is reshaping global production and lifestyle, and is also having a profound impact on financial investment. Unlike the past, China is an important participant in this round of scientific and technological revolution. Large models represented by DeepSeek and Tongyi Qianwen performed brilliantly in many international benchmark tests, and the Chinese University of Science and Technology's “Nine Chapter” photonic quantum computers continuously set new global computing power records. In recent years, China has continued to increase investment in research and development. In 2024, the R&D expenditure of the whole society will account for 2.68% of GDP. China ranks first in the world in the number of patent applications and grants in the fields of artificial intelligence and new energy sources all year round. The rise of China's technological power has also contributed to the emergence of a number of scientific and technological innovation forces in the A-share market in recent years, which has become an important cornerstone for the steady strengthening of the capital market.

On June 10, Shenwan Hongyuan 2025 Capital Market Summer Strategy Meeting was held in Beijing. At the meeting, Zhou Haichen, a member of the executive committee of Shenwan Hongyuan Securities and chairman of the Research Institute, said that it is currently at a new starting point for a new round of global scientific and technological revolution. In recent years, breakthroughs have been made in cutting-edge fields represented by artificial intelligence, quantum computing, biotechnology, and new energy sources. The scientific and technological revolution is reshaping global production and lifestyle, and is also having a profound impact on financial investment. Unlike the past, China is an important participant in this round of scientific and technological revolution. Large models represented by DeepSeek and Tongyi Qianwen performed brilliantly in many international benchmark tests, and the Chinese University of Science and Technology's “Nine Chapter” photonic quantum computers continuously set new global computing power records. In recent years, China has continued to increase investment in research and development. In 2024, the R&D expenditure of the whole society will account for 2.68% of GDP. China ranks first in the world in the number of patent applications and grants in the fields of artificial intelligence and new energy sources all year round. The rise of China's technological power has also contributed to the emergence of a number of scientific and technological innovation forces in the A-share market in recent years, which has become an important cornerstone for the steady strengthening of the capital market.