Core Insights - Shanghai's manufacturing competitiveness is supported by a robust industrial ecosystem and strategic government initiatives aimed at fostering innovation and reducing costs [1][11][13] Group 1: Industrial Clusters - Shanghai has established 14 district-level industrial clusters, including areas focused on advanced electronic information, artificial intelligence, and new materials [1] - The Shanghai Robot Industry Park produces one-third of Shanghai's industrial robot output and one-ninth of the national output, showcasing the importance of industrial clusters in manufacturing upgrades [4] - The Xuhui District's artificial intelligence cluster has attracted over 100 AI companies, emphasizing the city's focus on emerging industries and young talent [9] Group 2: Cost Reduction Initiatives - Shanghai's industrial cost reduction policies have saved companies 52.1 billion yuan in 2024, with significant reductions in electricity, gas, and steam costs [11] - Financing costs for businesses have also decreased, with government-backed loans for small and medium enterprises seeing interest rates drop by nearly 1% [11][13] - Shanghai's industrial cost per 100 yuan of revenue is lower than the national average, indicating a competitive advantage in operational costs [11][13] Group 3: Innovation Environment - The city has implemented measures to support specialized and innovative enterprises, including a loan program with a total scale exceeding 400 billion yuan [13] - Shanghai's focus on new industries is complemented by its rich resources in talent, education, and healthcare, enhancing its attractiveness for businesses [11][13]

Core Viewpoint - The appointment of Professor Wu Genyou to Zhejiang University marks a significant step in enhancing the university's philosophy and social sciences, with a focus on building a unique knowledge system in these fields [1] Group 1: Appointment Details - The welcoming ceremony for Professor Wu Genyou took place on March 25 at the Zijin Campus of Zhejiang University, attended by key university officials [1] - Wu Genyou is now the Dunhe Chair Professor at the Ma Yifu College of Zhejiang University, emphasizing "comprehensive innovation" as his work goal for the next decade [1] Group 2: Academic Background - Wu Genyou, born in February 1963 in Anhui, holds a PhD in philosophy and has previously served as the Dean of the Philosophy Department at Wuhan University [1] - His academic expertise includes Ming and Qing philosophy, liberalism, and political philosophy, with various roles in academic societies [1] Group 3: Publications and Contributions - Wu Genyou has authored several notable works, including "History of Chinese Social Thought" and "The Creative Transformation of Chinese Philosophy," among others [2] - His book "The Initial Development of Modern Chinese Values" received the third prize in the Ministry of Education's fourth Human and Social Sciences Research Achievement Awards [2]

三连败后，国足主帅伊万发声 本场比赛过后，国足8场比赛依然只拿到6分，排名小组垫底。对于国足来说，想要最终拿到小组第四名获得附加赛席位，最后两场比赛对阵 印尼和巴林的比赛就必须要拿到6分。 赛后，国足主帅伊万科维奇在新闻发布会上表示，"恭喜澳大利亚赢下比赛，恭喜东道主杭州把比赛组织这么好，那么多球迷来给我们助威， 感谢球迷的支持，也要感谢球员的付出，他们全力以赴奔跑、拼搏。比赛结果是大家不想看到的，但这就是足球比赛的一部分。" "比赛过程很曲折，队员拼了，上下半场差异很大，上半场对手更出色，打进了两个球。下半场我们更加出色，数据上也可以看到。我们遗憾 那么多次进攻没有取得进球，我们积极看待的话，首次登场的塞尔吉尼奥和王钰栋，我们比较满意，希望他们继续好的状态。接下来要利用间歇 期对我们这两场比赛进行总结，更好完善球队。再次感谢东道主，感谢球迷的支持，感谢协会组织如此精彩的比赛。" 具体谈及塞尔吉尼奥和王钰栋的表现，伊万透露："我没有评价具体球员表现的习惯，当然他们这场比赛完全达到了我们的预期。王钰栋18 岁，能在大赛不怯场，可以预见他是中国足球的新生代。我赛前就说了，塞尔吉尼奥已经四个多月没有比赛，也出现了一 ...

Group 1 - The article highlights the recent appointments of prominent athletes Xiao Aihua and Zhang Yufei to significant positions within the Jiangsu provincial sports administration and Nanjing Sports Institute respectively [1][4] - Zhang Yufei, an Olympic champion swimmer, has been appointed as the Vice Dean of the Swimming College at Nanjing Sports Institute, where she shared insights on the spirit of the Two Sessions [1][3] - Xiao Aihua, a former Olympic fencer, has been appointed as the Deputy Director of the Jiangsu Provincial Sports Bureau, marking a significant transition from her athletic career to sports administration [4][6] Group 2 - Zhang Yufei, born on April 19, 1998, has achieved numerous accolades including 10 Olympic medals, making her the athlete with the highest number of Olympic medals in China [3] - Her recent achievements include winning six gold medals at the 19th Asian Games in Hangzhou and a gold medal in the women's 100m butterfly at the 2023 World Swimming Championships [3] - Xiao Aihua, born in March 1971, has a distinguished career as a fencer, participating in four Olympic Games and holding various administrative roles in sports management after her retirement [6]

医者说｜运动，是青少年抑郁的天然"阻断剂" 澎湃新闻记者 蒋立冬 AI创意 "写完作业就躺着刷手机"——这是许多青少年的日常。然而，这种习惯可能正在悄悄侵蚀他们的心理健康。近年来，抑郁症有低龄化的趋势，青 少年抑郁症受到越来越多的关注。 2024年12月25日，国家卫健委在新闻发布会上通报，我国青少年抑郁症患病率约2%，严重危害我国青少年身心健康和生命安全。在学业压力与电 子产品的双重夹击下，青少年久坐时间激增，运动时间锐减。 最新研究揭示：久坐是抑郁的"隐形推手"，而运动则是天然的"情绪保护伞"。如何用科学的方式为青少年心理"松绑"？答案或许就藏在日常的行 动中。 屏幕：抑郁的"隐形推手" 在如今的中国社会，面对沉重的学业压力，一些青少年选择逃避现实，转而沉浸于虚拟的屏幕世界中。研究显示，屏幕时间（包括看电视、使用 电脑和移动设备）与青少年的心理健康问题呈正相关；从儿童期到青少年期累积的总屏幕时间，尤其是移动设备的使用时间，与感知压力和抑郁 症状的增加密切相关。这意味着，孩子们在成长过程中花费在屏幕上的时间越多，他们就越容易感到焦虑和抑郁。一项追踪504名芬兰6-9岁儿童 （随访至15-16岁）的研究显示， ...

| | | 二零二四年 | 二零二三年 | 變動 | | --- | --- | --- | --- | --- | | | | 人民幣百萬元 | 人民幣白萬元 | | | 收益 | | 18.675.4 | 17.034.3 | 9.6% | | 毛利 | | 7.650.8 | 6.827.9 | 12.1% | | 毛利率 | | 41.0% | 40.1% | | | 純利 | | 3.945.4 | 3.570.6 | 10.5% | | 純利率 | | 21.1% | 21.0% | | | 本公司擁有人應佔純利 | | 3,356.1 | 3,399.7 | (1.3%) | | 本公司擁有人應佔純利率 | | 18.0% | 20.0% | | | 本公司擁有人應佔經調整純利 | | 4.784.1 | 4.698.9 | 1.8% | | 本公司擁有人應佔經調整純利率 | | 25.6% | 27.6% | | | | | 人民幣元 | 人民幣元 | | | 每股盈利 | 一基本 | 0.82 | 0.82 | | | | 一艘薄 | 0.78 | 0.77 | 1.3% | | 經調整每股 ...

Group 1 - Hong Hao will return to the sell-side as the CEO of Huafu International starting in April [1] - Hong Hao has extensive experience in the financial industry, having worked at various international financial institutions including Citigroup and Morgan Stanley [3] - Huafu International is a wholly-owned subsidiary of Huafu Securities, which was established in 1988 and has a registered capital of 4.491 billion yuan [4][5] Group 2 - Huafu Securities has seen a decline in revenue and net profit over the past two years, with 2022 total revenue at 3.476 billion yuan, down 34.32% year-on-year, and net profit at 1.102 billion yuan, down 42.58% [6][7] - In 2023, Huafu Securities continued to face challenges, reporting total revenue of 2.221 billion yuan, a decrease of 36.09%, and net profit of 436 million yuan, down 60.42% [6][7] - However, in the first three quarters of 2024, Huafu Securities showed signs of recovery, with total revenue of 2.194 billion yuan, an increase of 37.70%, and net profit of 427 million yuan, up 85.19% year-on-year [6][7]

两个500亿级基金重装出击，上海产业升级将迎来哪 些新动能 上海重磅推出两个500亿级基金。 上海市国资并购基金矩阵的总规模达500亿元以上，涉及国资国企改革、集成电路、生物医药、高端装 备、民用航空、商业航天、文旅消费等领域。 分析人士认为，两个500亿级基金的推出，将成为资本力量促进产业加速发展的重要抓手。 千亿基金群崛起 创新是上海未来产业发展的原始动力。新一代电子信息、高端装备、汽车、新材料、软件和信息服务、 工业服务等项目，汇聚了大量的先进制造业企业，但作为创新技术密集、资本密集的产业主体，其发展 离不开持续的资金支持。 2025年政府工作报告中提出，要推动科技创新和产业创新融合发展，大力推进新型工业化，做大做强先 进制造业，积极发展现代服务业，促进新动能积厚成势、传统动能焕新升级。 上海此次推出500亿元规模的产业转型升级二期基金，可谓恰逢其时。 3月25日，2025上海全球投资促进大会暨"投资上海"活动周正式拉开帷幕。会上，上海市产业转型升级 二期基金、上海市国资并购基金矩阵正式发布，为城市产业能级提升注入新动能。 其中，上海市产业转型升级二期基金的总规模达500亿元，首期基金100亿元，重点支 ...

Core Viewpoint - The rapid construction of data centers globally exceeds the initial demand driven by AI, raising concerns about potential bubble risks in the industry [3]. Group 1: Industry Insights - Major tech companies and investment funds are hastily building server bases across Asia and the US without clear customer demand considerations [3]. - There are signs of a bubble as many enterprises and funds are raising billions to build data centers without securing usage agreements from potential users like Microsoft, Google, Amazon, or Alibaba [3]. - The spending by US companies on AI infrastructure is significant, with Amazon, Alphabet, and Meta planning to invest $100 billion, $75 billion, and $65 billion respectively this year [4]. Group 2: Company Developments - Alibaba plans to invest over 380 billion yuan in cloud and AI hardware infrastructure over the next three years, marking the largest investment in this sector by a private company in China [5]. - Alibaba's Q3 FY2025 revenue reached 280.15 billion yuan, with a net profit of 46.434 billion yuan, reflecting a 333% year-on-year increase [5]. - The company is actively recruiting for over 3,000 positions, with nearly 50% of these roles related to AI, indicating a strong focus on talent acquisition in this field [5].

恒瑞与默沙东签合作单：心血管疾病小分子药物，2亿美元首付款 3月25日晚间，江苏恒瑞医药股份有限公司（恒瑞医药，600276）公告称，与默沙东达成协议，将恒瑞的脂蛋白（a）（以下简称"Lp(a)"）口服小分 子项目（包括名为HRS-5346的先导化合物）有偿许可给默沙东。默沙东将获得HRS-5346在大中华地区以外的全球范围内开发、生产和商业化的独 家权利。 这份合作协议预计生效时间为2025年第二季度。由此，恒瑞将获得2亿美元的首付款，还有资格获得与开发、监管和商业化相关的里程碑付款，最 高可达17.7亿美元。此外，根据HRS-5346在大中华地区以外的销售情况，默沙东将向恒瑞支付相应的销售提成。按此计算，恒瑞医药未来可获得的 收入近20亿美元。 恒瑞医药 视觉中国 资料图 虽然PD-1肿瘤药出海美国一波三折，但恒瑞医药通过授权交易"借船出海"的步伐还在继续。 默沙东方面表示，HRS-5346将有力拓展并完善公司在心血管、代谢疾病领域的研发管线。在与恒瑞医药合作之前，2024年底，默沙东还通过与翰 森制药合作获得一款在研的口服小分子GLP-1受体激动剂，此次合作潜在最高总金额超过20亿美元，其中包括1.12 ...