Citic Sec research reports indicate that the Huawei Mate70 will be released on November 26, and may achieve the official commercial use of pure HarmonyOS. The Pangguo model and Xiaoyi assistant empower HarmonyOS, leading the transformation of edge AI. The HarmonyOS software and hardware ecosystem is growing rapidly, leading the localization of mobile operating systems. Expect the landing of HarmonyOS PCs to further accelerate, with promising expansion in the PC scene. We are bullish on the accelerated formation of the HarmonyOS ecosystem, with various ecosystem partners expected to continue benefiting.