1月19日，观察者网了解到，在今年一季度，"南天门计划"AI 科幻乐园将于上海临港正式与游客见面。 相关资料显示，"南天门计划"并非真实存在的国家军事或航天工程，而是由中国航空工业集团（AVIC）旗下中航环球文化传播（北京）有限公司自主构 建的航空主题科幻IP，属于"ULTRAVIC宇宙"世界观体系的核心组成部分。 总设计师黄晨则进一步表示，该乐园的核心特色在于将多种数字技术、实景搭建、完整世界观及硬核科技元素融合为一体，区别于传统航展中静态模型展 示的模式。周袆晓补充指出，园区内的装备并非孤立陈列，而是被嵌入一个"活的"运行体系——例如"白帝"战机在机舱内将进行日常运维，并与机师、地 勤等角色实时互动，使游客获得动态参与感，而非仅仅拍照打卡。 空天母舰动画演示截图 近日，北京中航环球文化传播（北京）有限公司（中国航空工业集团成员单位）总编辑丁立在一档播客节目中表示，南天门计划是中航环球自主构建的一 个科幻IP，它以宣传航空报国航空强国为宗旨，也继承和发扬了中式的传统文化和爱国主义的情怀，其初衷在于将军工的科技与浪漫想象做结合，也是对 航空的产业远景进行的一次大胆的想象和探索。 据悉，该IP的命名与世界观深植 ...

Core Viewpoint - The recent decline in stock prices of major U.S. automakers is linked to Trump's statements regarding support for American auto workers and a shift in attitude towards Chinese automakers, raising concerns about the profitability and market conditions for U.S. companies [3][4][6]. Group 1: Stock Market Reaction - Major U.S. automakers saw significant stock price declines, with General Motors down approximately 3%, Ford down about 4%, and Stellantis down around 11% [1]. - The market's reaction indicates a focus on uncertainties regarding corporate profitability, trade barriers, and industry direction, despite Trump's seemingly welcoming remarks towards Chinese automakers [3][4]. Group 2: Trade and Regulatory Environment - Trump's welcoming remarks for Chinese automakers are made against the backdrop of high tariffs on Chinese imports, which remain a significant barrier to entry for Chinese vehicles in the U.S. market [4][6]. - U.S. Trade Representative stated that tariffs are in place to protect American workers from foreign vehicles, highlighting the ongoing regulatory challenges for Chinese automakers [6]. Group 3: Globalization Trends - Despite the challenges, there is a growing trend of easing restrictions on Chinese electric vehicles in other markets, with Canada recently removing punitive tariffs and the EU adjusting tax rates [7][9]. - Chinese automakers, such as BYD, have shown strong growth in international markets, with a reported 276% increase in deliveries to Europe [9]. Group 4: Potential Pathways for Chinese Automakers - Three potential pathways for Chinese automakers to enter the U.S. market include: 1. Embedding within the U.S. supply chain without direct competition as a brand [11][12]. 2. Local manufacturing in the U.S. to mitigate political resistance, although this comes with its own set of challenges [16][18]. 3. Establishing production bases in nearby regions like Mexico or Brazil to create an indirect entry into the U.S. market [19][21]. Group 5: Strategic Implications - The overarching strategy for Chinese automakers is not merely to sell vehicles in the U.S. but to navigate the complex political and regulatory landscape to establish a presence [23]. - The shift from exporting vehicles to becoming participants in a global automotive ecosystem reflects a broader trend in the industry, with the U.S. market being one of many avenues for growth [23].

Group 1 - Shanghai Gaialen Electronics Co., Ltd. announced the introduction of a strategic investor, Shanghai Science and Technology Venture Investment (Group) Co., Ltd., which will acquire 5.00% of its shares [1] - The share transfer agreement involves the transfer of approximately 21.7589 million unrestricted circulating shares at a price of 31.80 yuan per share, totaling approximately 692 million yuan [1] - Following the transaction, Shanghai Science and Technology Venture Investment will become a significant shareholder and has committed not to reduce its holdings for 18 months [1] Group 2 - The investment is part of a strategic cooperation agreement aimed at enhancing business collaboration and building an industrial investment ecosystem [2] - Shanghai Science and Technology Venture Investment, established in 2014 with a registered capital of 5.5 billion yuan, is a wholly-owned subsidiary of Shanghai State-owned Capital Investment Co., Ltd., managing assets worth 88.6 billion yuan [2][3] - Gaialen Electronics is the first listed EDA company in China, providing comprehensive EDA solutions and is currently undergoing a major asset restructuring worth 2.174 billion yuan [4] Group 3 - The company aims to transition from an "EDA tool provider" to a one-stop chip design solution platform, potentially becoming the first listed company in China to achieve deep collaboration between EDA and semiconductor IP [4] - In the first three quarters of 2025, Gaialen Electronics reported revenue of 315 million yuan, a year-on-year increase of 12.71%, and a net profit of 41.99 million yuan, a significant year-on-year increase of 173.46% [4]

【文/观察者网 张菁娟】据香港英文媒体《南华早报》19日报道，深耕量子传感与精密测量领域十余年 的物理学家由成龙已离开美国，于本月全职加盟位于四川成都的电子科技大学，担任教授一职。 报道称，由成龙此前任职于美国路易斯安那州立大学，是量子物理领域冉冉升起的科研新星。 虽然电子科技大学公开师资名单中暂未更新其任职信息，但他的谷歌学术个人主页已明确将这所高校列 为当前任职单位。 报道称，由成龙此次归国后，将加入电子科技大学量子物理与工程实验室。该实验室成立于2023年，旨 在助力国家研发高密度、高精度量子光子器件，推动量子测量领域的科研进程。 电子科技大学始建于1956年，是中国顶尖的工科院校之一，在电子学、信息技术与通信领域的研究实力 雄厚，为中国国防和科技产业培养了大量专业人才。 此前，美国政府泛化"国家安全"概念，以所谓"外交政策利益"为借口，将多家中国实体列入出口管 制"实体清单"，其中就包括中国电子科技集团旗下多个研究所。 博士毕业后，他留校进入该校量子光子学实验室从事博士后研究工作，并于2023年晋升为助理研究教 授。 在学术研究期间，由成龙不仅深耕理论与实验探索，还与美国国家标准与技术研究院（NIST ...

Core Insights - Counterpoint Research reports a 1.6% year-on-year decline in China's smartphone shipments for Q4 2025, with an overall annual decrease of 0.6% [1] - Apple leads the domestic market with a 21.8% market share in Q4, followed by OPPO at 15.8% and vivo at 15.7% [1] - Huawei maintains the top position for the entire year with a 16.9% market share, closely followed by Apple (16.7%) and vivo (16.4%) [1] Group 1: Market Performance - Apple's Q4 shipments surged by 28% year-on-year, driven by strong demand for the iPhone 17 series and increased supply [4] - OPPO achieved a 15% year-on-year growth in Q4, supported by strong demand for the Reno series and contributions from the newly launched Find X9 and OnePlus 15 series [5] - Huawei's mid-to-high-end models performed well after price promotions, despite a decline in the second half of the year [5] Group 2: Product Insights - The iPhone Air's late launch and design compromises have led to a slow start, but it is expected to have a long-term impact on the eSIM smartphone market [5] - Vivo's iQOO 15 offers strong value among devices with Qualcomm's latest flagship chip, while Xiaomi's 17 series has gained attention for its Pro model's unique back screen [6] - Honor's X70 and 400 series maintained steady demand, with the new WIN series noted for its cooling performance [6] Group 3: Industry Outlook - Counterpoint Research anticipates a 40%-50% increase in storage prices in Q1 2026, followed by an additional 20% rise in Q2 [6] - The low-end market (under $200) has been significantly impacted, with a 20%-30% increase in Bill of Materials (BoM) costs since the beginning of the year [7] - Global smartphone shipments are projected to decline by 2.1% in 2026, with an expected average selling price increase of 6.9% due to cost adjustments [7]

Core Insights - The 2025 Hurun China AI Companies Top 50 report highlights the rapid growth and prominence of AI chip companies in China, with the top three companies being Cambricon, Moore Threads, and Muxi, all of which are AI chip-related firms [1][2][6] Group 1: Company Performance - Cambricon ranks first with a valuation of 630 billion RMB, experiencing a 165% increase from the previous year. In Q3 2025, the company reported revenue of 1.727 billion RMB, a year-on-year growth of 1332.52%, and a net profit of 567 million RMB, marking its fourth consecutive profitable quarter [1][6] - Moore Threads, established in 2020, ranks second with a valuation of 310 billion RMB. The company achieved a revenue of 785 million RMB in the first three quarters of 2025, a 182% increase compared to the previous three years combined, although it reported a net loss of 724 million RMB [1][2] - Muxi ranks third with a valuation of 250 billion RMB, reporting revenue of 1.236 billion RMB in the first three quarters of 2025, a 453.52% year-on-year increase, while its net loss narrowed to 346 million RMB [2][6] Group 2: Industry Trends - The report indicates a significant increase in the number of AI chip companies on the list, with 14 firms represented, an increase of 9 from the previous year. This growth is attributed to the tightening of high-end AI chip export controls by the U.S., prompting domestic companies to accelerate their capabilities [6][7] - The AI user base in China is substantial, with 515 million users reported by mid-2025, indicating that nearly 40% of the population are users of generative AI [6] - The top 50 list features a total of 14 companies in the computing hardware sector, the largest category, followed by 11 in data analysis and decision-making, and 8 each in content generation, visual recognition, and autonomous driving [3][4] Group 3: Market Position - The combined market value of the top three Chinese computing power companies is approximately 1.2 trillion RMB, which is only 4% of Nvidia's market value, suggesting a significant gap that may narrow in the next five years as China's computing power industry advances [7] - Major cities dominate the list, with Beijing leading with 19 companies, followed by Shanghai with 14, indicating that over 80% of the listed companies are based in first-tier cities [4]

应急管理部副部长宋元明已率工作组赶赴现场指导救援处置。国务院安委会决定对该起事故查处挂牌督 办。 据应急管理部消息，接报后，应急管理部部长王祥喜立即作出部署，要求科学组织搜救，进一步核清人 员情况，防止发生次生事故；全力救治伤员，最大程度减少伤亡；尽快查明原因，举一反三，坚决避免 类似事故发生。带班部领导持续调度指导救援处置工作。 据微信公众号"内蒙古日报"19日下午消息，包钢股份板材厂爆炸事故发生后，自治区党委、政府高度重 视，迅速成立调查组，自治区党委副书记、自治区人民政府主席包钢任组长，自治区党委常委、自治区 人民政府常务副主席黄志强任副组长，成员由自治区相关部门、包头市和有关专家组成。目前，调查组 已赴现场开展工作。 1月18日15时许，内蒙古包头市包钢板材厂发生爆炸事故，截至19日6时，已造成2人死亡、8人失联、84 人受伤。 本文系观察者网独家稿件，未经授权，不得转载。 ...

Group 1 - The core viewpoint emphasizes that the green transition is essential for the high-quality development of the manufacturing industry in China, driven by the "dual carbon" goals and specific targets outlined in the 14th Five-Year Plan [1] - The collaboration between JD Industrial and Dajue New Materials provides a replicable model for the environmental revolution in manufacturing, addressing the demand for eco-friendly packaging materials [1] Group 2 - The global plastic pollution issue is worsening, with 2024 plastic consumption projected to reach 500 million tons, of which 399 million tons will become waste, leading to significant environmental challenges [2] - Under the "dual carbon" goals, various Chinese government departments have mandated that by 2027, the usage rate of biodegradable materials in agriculture should reach 35%, pushing for the replacement of traditional materials in sectors like express delivery and takeout [2] Group 3 - Traditional manufacturing faces multiple challenges in green transformation, including high transition costs, insufficient initial production capacity of green materials, and the inability of cost-sensitive consumer brands to absorb the premium [2][3] - The technological barriers for eco-friendly materials are high, with key technologies concentrated in a few companies, and weak supply chain collaboration hampers the availability of compliant green materials [3] Group 4 - Dajue New Materials has developed three green technology systems: biodegradable, bio-based, and recycling, to provide comprehensive eco-friendly alternatives for the manufacturing sector [4] - The bio-based system utilizes sugarcane as a raw material, replacing petroleum-based materials and achieving negative carbon emissions, while also maintaining functionality comparable to traditional plastic [4] Group 5 - The recycling system focuses on industrial packaging, with a project that produced 2,500 tons of PCR (Post-Consumer Recycled) packaging materials in just six months, significantly reducing carbon emissions [5] - The biodegradable system targets single-use materials, with products made from cassava and bamboo being applied in express delivery and takeout, addressing the pollution caused by traditional plastics [5] Group 6 - Dajue New Materials' collaboration with JD Industrial aims to leverage JD's market strengths to enhance Dajue's market presence, facilitating the large-scale release of quality green products [6][7] - JD Industrial's digital capabilities support Dajue by optimizing production and inventory management, significantly improving efficiency and reducing inventory turnover days [8] Group 7 - The partnership allows Dajue to focus on technology development while JD Industrial handles market integration and capacity scheduling, achieving cost reduction and compliance for manufacturing companies [9] - The collaboration promotes the establishment of production standards for eco-friendly materials, advancing the standardization and environmentalization of industrial consumables [9]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 【文/羽扇观金工作室】号称"牛市旗手"的券商板块，去年业绩陆续宣布。 此前中信证券于1月14日发布《2025年度业绩快报》。快报显示，2025年，中信证券实现营业收入 748.30亿元，同比（与前一年同期相较）增加28.75%；归属于母公司股东的净利润（下称"净利润"） 300.51亿元，同比增加38.46%。这也是中信证券历史首次全年净利润突破300亿元。同时，截至2025年 末，中信证券总资产2.08万亿元，较上一年同期增加了21.79%。 此外，西南证券16日发布的业绩预告也显示，2025年度预计实现归属于母公司所有者的净利润10.28亿 元至10.98亿元，同比增幅达47%至57%。对于业绩预增的核心原因，西南证券称主要是财富管理业务、 证券投资业务、投资银行业务同比大幅增长。 本文系观察者网独家稿件，未经授权，不得转载。 昨日（1月18日），国联民生发布公告，宣布预计公司2025年实现归母净利润20.08亿元，同比大增约 406%；扣除非经常性损益的净利润人民币也将达到19.44亿元，同比增长410%左右。 MACD金叉信号形 ...

Group 1 - The core viewpoint of the article indicates that the housing market in first-tier cities is showing signs of stabilization, with Shanghai being the only city experiencing a month-on-month price increase in December 2025 [1] - In December, six cities reported a month-on-month increase in new home prices, with Shanghai and Changchun leading at 0.2% [1] - First-tier cities saw a narrowing decline in both new and second-hand housing prices, with new homes decreasing by 0.3% and second-hand homes by 0.9%, indicating a potential positive shift in the market [1] Group 2 - In contrast, second-tier and third-tier cities continue to face pressure, with new home prices declining by 0.4% month-on-month [2] - Second-hand home prices in second-tier and third-tier cities fell by 0.7%, with the decline expanding by 0.1 percentage points [3] - Year-on-year, first-tier cities experienced a 7% drop in second-hand home prices, with Beijing seeing the largest decline at 8.5% [3][4] Group 3 - In 2025, national real estate development investment reached 8.2788 trillion yuan, a decrease of 17.2% from the previous year, with residential investment down by 16.3% [5] - The total sales area of new commercial housing was 8.8101 trillion square meters, down 8.7%, while residential sales area fell by 9.2% [5] - The inventory of unsold commercial housing increased to 7.6632 trillion square meters, up 1.6% year-on-year, indicating a growing supply in the market [5] Group 4 - The data from December suggests a strengthening signal in the first-tier market, particularly in Shanghai, which is the only city to achieve both year-on-year and month-on-month price increases [5] - The trend of "price for volume" in the second-hand housing market continues, reflecting landlords' ongoing adjustments to pricing [5] - Recent policy measures, including lower loan rates and tax incentives, have reduced the threshold for home purchases, leading to increased buyer engagement and a shift from passive browsing to active inquiries [6]