Hi, I am Dolphin Research!MNSO: Large-format stores fuel rev., overseas boosts profit; Is IP retail set for tailwinds?BOE: Cycle Too Punishing — Even the Leader Only Earning Thin Margins?Zhipu: RMB 700mn profit vs. RMB 3.2bn loss? Dream first—fretting over losses is small-mindedZhipu (Trans): Tech-Driven, Focus on Advancing the Model FrontierTencent ramps up AI agents; BABA unveils Qwen3.5-Omni | Daily News RecapMiniMax’s sky‑high valuation: bubble or the future?Perfect storm? Sanhua Intelligent Controls not that badBYD (4Q25 Trans): 2026 overseas sales target 1.5mn+ unitsDongpeng Bev.: Energy Drinks Stall, Hydra in infant—Is Growth Story Over?Hainan's Free Trade Port Takes Shape — Can China Duty Free Ride the Tailwind?Meitu (Trans): Models to Power Apps Long TermMeitu: AI Agent Era — Can Niche SaaS Survive?BYD: Crown Lost; A 'Toyota' Abroad Next?XD Inc. (Trans): Cautious ST guidance; actively embracing change LTXD Inc.: TapTap must step up to justify the faith premiumU Surges on Strong Results; META Doubles Down on AI Race | Daily News RecapGuming (Trans): Dine-in mix is back to a relatively healthy levelMeituan (Trans): Q1 food delivery continued to narrow losses; Douyin is ramping up spend.Meituan: Three Headwinds — Will Food Delivery Stay Down?
---China Mobile: Tax Revamp Hit, Div. Still Intact?Gu Ming: Subsidies Fade, Tea's 'Costco' Stays Solid!