转自：新华财经 10月22日，第十五届中国国际纳米技术产业博览会（下称"纳博会"）在苏州工业园区开幕。除大咖云集的主报告与前沿 论坛外，25000平方米展区人头攒动，成为体验纳米技术重塑未来的核心场域。八大特色展团与MEMS制造、具身感知、 先进电子材料、材料制备四大全新专区，共同构筑起科技与产业深度融合的"纳米万花筒"。 聚焦"终极制造"，原子级技术从实验室迈向产业舞台 原子级制造是以能量作用于原子或原子级基元，制造全新材料、器件与系统的先进技术，被誉为制造技术"终极形态"。 在本届纳博会上，该前沿课题成为众多专家热议焦点。 位于展区核心位置的中国科学院苏州纳米技术与纳米仿生研究所展台，打出了"为原子级制造提供极限环境保障""革新从 原子开始，产业向未来进发"等标语。该所的纳米真空互联实验站，是原子级制造的关键支撑平台。 "真空互联技术是原子级制造的必备条件。"中国科学院苏州纳米所纳米真空互联实验站研究员张珽说，实验站能提供"地 球上最洁净的环境"，有效隔绝水、氧等对原子尺度材料的干扰，助力材料与芯片实现超高算力、超高检测精度、超低功 耗等突破。目前，该装置已吸引近300家用户在此开展研发，成为衔接基础研究 ...

Market Performance - The Shanghai Composite Index opened higher on October 24, reaching a peak of 3946.16 points, surpassing the previous high of 3936.58 points on October 9, 2025, marking a new year-to-date intraday high [1] - By midday, the Shanghai Composite Index was at 3938.98 points, with a gain of 0.42% and a trading volume of approximately 524.8 billion yuan; the Shenzhen Component Index rose 1.30% to 13195.25 points with a trading volume of about 703.2 billion yuan; the ChiNext Index increased by 2.09% to 3126.05 points with a trading volume of around 327.8 billion yuan [2] Sector Performance - Storage chip stocks showed strong performance, with companies like Puren Co., Kexiang Co., and Aerospace Zhizhuang hitting the 20% daily limit up, while several others rose over 10% [1] - Technology sector leaders experienced significant gains, with Zhongji Xuchuang rising 6.6% to a new historical intraday high, and companies like Xunong Chip and Jiangbolong also reaching new highs [1] Industry Insights - The current phase of the controllable nuclear fusion industry is characterized by capital expenditure expansion, with high-value segments exhibiting significant technological barriers, benefiting core companies involved in project construction [3] - The thermal power sector is seeing upward trends in Q3 performance, with coal prices rebounding and expectations for stable electricity prices improving [3] - The non-ferrous metals industry is focusing on high-quality development, emphasizing resource security, high-end, intelligent, and green development directions, while preventing "involution" and ensuring supply chain security [5][6]

Group 1 - The core idea of the article emphasizes the importance of charitable contributions to rural education, highlighting Hisense's commitment to social responsibility through its "Technology for Good" initiative [1][3] - Hisense donated essential teaching equipment and living materials, including computers, air conditioners, and dining tables, to two remote schools in Linyi, Shandong Province [1][3] - The project, initiated in 2017, has been ongoing for nearly ten years, addressing the practical difficulties faced by schools in remote areas and providing substantial educational support for children [3] Group 2 - The principal of Dongzhangshao Central Primary School expressed that the donated materials will significantly improve the school's teaching conditions and optimize the dining environment for students [3] - Hisense aims to plant the seeds of its "Technology for Good" philosophy in schools, fostering a culture of kindness and support within the educational community [3]

Core Viewpoint - The company has demonstrated stable profit growth in a complex market environment, achieving a revenue of 3.841 billion yuan and a net profit of 296 million yuan in the first three quarters of 2025, reflecting robust development [1] Group 1: Financial Performance - In the first three quarters of 2025, the company reported a net profit of 338 million yuan after excluding the impact of one-time tax payments, indicating a steady growth trend [1] - The company faced a tax payment of 29.2073 million yuan and late fees of 12.6152 million yuan, which affected the net profit attributable to shareholders by 41.8226 million yuan [1] Group 2: Business Strategy - The company has adjusted its operational strategy, optimizing market layout and promoting dual main business collaboration to counter external uncertainties, showcasing strong operational resilience [1] - The company is focusing on customer structure optimization and product quality upgrades in its core home textile business, which has solidified its development foundation [1] Group 3: Domestic Market Focus - The company is enhancing demand exploration and brand upgrading in the domestic market, activating growth potential through refined operations and high-end promotions [2] - The signing of a brand ambassador for the "Jieyu Master Series" aims to attract younger consumers, injecting new vitality into domestic business growth [2] Group 4: New Materials Business - The new materials segment is entering a rapid order increase phase, becoming a significant growth driver for the company [2] - The functional coating materials business has made breakthroughs in the automotive and marine sectors, with successful certifications and orders obtained [2] Group 5: Electrolyte Additives Business - The company has seen a rebound in VC product prices, with production capacity and cost optimization efforts beginning to yield results [3] - The average price of battery-grade VC has increased by nearly 10% since early October, indicating potential for further profit growth [3]

Core Insights - The company reported a significant increase in revenue and net profit for Q3 2025, with revenue growing by 31.33% to 1.269 billion yuan and net profit increasing by 87.95% to 246 million yuan [1] - For the first three quarters of 2025, the company achieved a revenue growth of 9.25% to 3.521 billion yuan and a net profit growth of 50.99% to 677 million yuan [1] - The decline in the number of shareholders by 5.82% from the end of the first half of the year indicates a potential concern regarding investor sentiment [1] Financial Performance - Q3 2025 revenue reached 1.269 billion yuan, up 31.33% year-on-year [1] - Q3 2025 net profit was 246 million yuan, reflecting an 87.95% increase year-on-year [1] - For the first three quarters of 2025, total revenue was 3.521 billion yuan, a 9.25% increase year-on-year, while net profit was 677 million yuan, up 50.99% year-on-year [1] Shareholder Information - As of September 30, 2025, the total number of shareholders was 75,316, down 5.82% from 79,974 at the end of the first half of the year [1] - The company announced a cash dividend of 0.15 yuan per share for the first half of 2025, with the record date on October 29 and the ex-dividend date on October 30 [1] Stock Performance - From October 9 to October 23, 2025, the company's stock price fell by 7.37%, closing at 76.52 yuan per share on October 23, with a total market capitalization of approximately 35.56 billion yuan [2]

Core Viewpoint - The gold and silver prices experienced significant increases on October 23, 2023, driven by strong buying interest following heavy selling pressure and market corrections, with gold futures for December 2025 rising by 1.91% to $4143.2 per ounce [1]. Group 1: Gold Market Analysis - The gold price saw a substantial recovery after a significant drop, with a 50% increase in 2025, solidifying its position as the best-performing asset of the year [1]. - Morgan Stanley raised its gold price forecast for 2026 to $4400 per ounce, a significant increase from the previous estimate of $3313 per ounce [1]. - Technical analysis indicates that the next upward target for gold futures is to break through the strong resistance level of $4250, while the next downward target for bears is to fall below the strong support level of $4000 [1]. Group 2: Silver Market Analysis - Silver futures for December delivery increased by 2.03%, closing at $48.65 per ounce [2].

Core Insights - The third China Pet Industry Innovation Conference will be held in Ganzhou, Jiangxi Province, focusing on industry pain points with the theme "Innovation Leads Development, Technology Empowers Industry" [1] - The conference will see the establishment of three key systems aimed at enhancing industry standards and credibility, which are crucial for high-quality development [1][2] - China's pet industry has surpassed 100 billion yuan and is expected to reach a trillion yuan market by 2030, but faces challenges such as weak research foundations, product homogenization, lack of standards, and low brand concentration [1] Group 1 - The conference aims to gather various stakeholders from government, industry, academia, and research to explore solutions to systemic challenges in the pet industry [2] - The Pet Food Quality Testing and Efficacy Evaluation Research Center will be jointly established to set quality benchmarks and transform validated technologies into recognized standards [2][3] - The China Veterinary Association's Technical Committee for Pet Product Functional Evaluation will focus on developing systematic standards for the functional and safety evaluation of pet products [2][3] Group 2 - The China Pet Industry Credit and Brand Center aims to cultivate national brands and build a healthy credit ecosystem within the industry [5] - The center will provide dual certifications for quality and credit evaluation, addressing five major industry challenges including trust in product quality and brand building [5] - The industry is transitioning from "wild growth" to "scientific validation" and "standard leadership," aiming for high-quality and sustainable development [7] Group 3 - The Ganzhou conference will also introduce the latest developments of the China Pet Technology Innovation Service Platform, which addresses five core industry challenges [8] - The platform aims to create a comprehensive service system covering key aspects from basic research to market entry, facilitating organized and standardized high-quality development [8] - The conference will feature discussions on cutting-edge topics such as innovative drugs, functional foods, smart services, and AI technology in the pet industry [8]

Group 1: Economic and Policy Developments - The 20th Central Committee of the Communist Party of China approved the "15th Five-Year Plan" proposal, emphasizing high-quality development, technological self-reliance, and significant improvements in social civilization and living standards by 2035 [3] - The Ministry of Commerce announced that a delegation led by Vice Premier He Lifeng will engage in economic and trade consultations with the U.S. from October 24 to 27, focusing on key issues in Sino-U.S. economic relations [3] - The Ministry of Commerce reported that as of October 22, 2025, the number of applications for the vehicle trade-in subsidy exceeded 10 million, with new energy vehicles accounting for 57.2% of the total [3] Group 2: Industry Insights - The China Rare Earth Group held a meeting to discuss the economic operation for Q3 2025, emphasizing strict implementation of export control policies and enhancing governance levels [3] - The report from the Ministry of Natural Resources indicated that in 2024, geological exploration investment reached 115.99 billion yuan, marking four consecutive years of growth [3] - The banking industry reported that as of Q3 2025, the number of existing bank wealth management products reached 43,900, with a total scale of 32.13 trillion yuan, reflecting a year-on-year increase of 9.42% [3] Group 3: Corporate Announcements - New Lai Materials announced plans to invest 2 billion yuan in a semiconductor core component project in Kunshan, expected to generate an annual output value exceeding 1.5 billion yuan upon reaching full production [4] - The company Yihua Lithium Energy reported a year-on-year net profit increase of 15.13% for Q3 2025 [7] - The company Enginex reported a remarkable year-on-year net profit growth of 244.89% for Q3 2025 [7]

Core Viewpoint - Standard Chartered Bank aims to enhance its role as a bridge in cross-border financial innovation and exploration in Shanghai, leveraging the city's advanced financial market and regulatory environment [1][2]. Group 1: Company Initiatives - Standard Chartered Bank has successfully completed a ten-year USD-RMB currency swap for a major state-owned enterprise based in Shanghai, addressing the challenges of high USD financing costs and exchange rate risks associated with long-term financing for overseas mining projects [1]. - The bank's tailored long-term foreign exchange derivative solutions utilize the cross-border RMB flow facilitation provided by the Shanghai Free Trade Zone, helping clients reduce project financing costs and manage long-term exchange rate risks effectively [1]. Group 2: Industry Impact - The recent transaction promotes the use of RMB in cross-border trade and investment, enhancing its liquidity and recognition in offshore markets, particularly as Shanghai connects with other international financial centers like Hong Kong, London, New York, Singapore, and Dubai [2].

Core Insights - The company reported a significant increase in revenue and net profit for the first three quarters of 2025, with revenue reaching 805.99 million yuan and net profit of 13.44 million yuan, marking a year-on-year growth of 253.49% [1] - For the first time, the company disclosed its "AI-related revenue," which amounted to 32.29 million yuan, generated from AI products and services [1] Group 1 - The company has successfully transformed its core product "What Worth Buying" into its second generation, enhancing the efficiency of its smart marketing business [2] - The launch of new AI-native products and services, including the "Zhang Dama" app and the "Haina" MCP Server, has created a complete AI e-commerce experience for users [2] - The rapid growth of AI-related business is evidenced by a 47.19% increase in the number of tokens consumed from third-party large model APIs, reaching 10.83 billion in September 2025 [2] Group 2 - The company achieved a reduction in sales and management expenses by 20.08% and 14.50% respectively, while its overall gross margin improved by 3.36 percentage points to 49.52% [3] - The company plans to continue its "comprehensive AI" strategy, increasing investment in AI technology and product development to expand its "AI + consumption" ecosystem [3] - The focus will be on accelerating the application of AI in retail and brand sectors, exploring new forms of consumer applications driven by AI [3]