不久前，云天励飞发布公告，拟赴港二次上市。陈宁坦言，此举与公司all in AI战略高度相关，有助于 拓展融资渠道，支持高研发投入和国际市场拓展。2024年云天励飞营收突破9亿元，同比增长81.3%； 2025年第一季度营收同比增长超160%。"未来3-5年是AI推理芯片的抢滩期，我们必须迅速投入，占领 先机。" 自2014年成立以来，云天励飞始终聚焦AI技术落地，致力于以芯片降低AI算力成本。公司创立之初即 以NPU（神经网络处理器）课题申报人才引进项目并获得第一名，芯片技术成为其早期获取投资与资源 支持的关键。云天励飞首个"出圈"应用是用于智慧警务的"深目"系统，不仅帮助深圳某区警情下降 50%，还曾在15小时内协助找回被拐儿童。但鲜有人知，这一系统背后正是云天励飞基于FPGA研发的 首款自主知识产权神经网络处理器。 2023年，发布第三代芯片DeepEdge10，具备"算力积木"架构，支持多芯粒组合与8T-256T算力范围的扩 展，已适配DeepSeek R1、鸿蒙操作系统、QwQ-32B等模型与平台。 截至目前，云天励飞已推出五代NPU，并构建起覆盖边缘推理、大模型推理与具身智能三大场景的芯片 产品矩 ...

Group 1 - Tongcheng Travel plans to acquire control of Dalian Shengya through a private placement, which has led to a fluctuation in Dalian Shengya's stock price [2] - Dalian Shengya announced a private placement of up to 38.64 million shares, raising a total of no more than 956 million yuan, with a placement price of 24.75 yuan per share [2] - The funds raised will be used to repay debts and supplement working capital, which is expected to help resolve debt issues and restore bank credit [2] Group 2 - After the completion of the private placement, Shanghai Tongcheng will hold 23.08% of the shares and will obtain a total of 30.88% of the voting rights through a voting rights entrustment arrangement, granting Tongcheng indirect control over Dalian Shengya [2] - Tongcheng Travel stated that it will maintain the stability and independence of Dalian Shengya's existing management team [2] - The strategic cooperation aims to focus on core business, enhance industry chain integration, improve profitability and development quality, and elevate the tourism economy in Northeast China [2] Group 3 - Dalian Shengya is the only publicly listed company in A-shares with a marine park concept, operating major attractions such as Dalian Shengya Ocean World, Shengya Polar World, and Harbin Polar Park Ocean Museum [3]

（文章来源：深圳商报） 凭借该牌照，文远知行获准在沙特开展自动驾驶运营，并可在沙特全国范围内部署Robotaxi服务。首 期，文远知行携手Uber及当地合作伙伴AiDriver在利雅得开展试点运营。 该试点项目已于本月初启动，覆盖哈立德国王国际机场及利雅得多处核心区域，包括主要的高速公路和 市中心指定区域。利雅得全面的Robotaxi商业运营服务预计将在2025年底由Uber和文远知行合作提供。 文远知行是首个旗下Robotaxi通过沙特交通总局（TGA）自动驾驶试点监管沙盒的自动驾驶科技公司。 获取Robotaxi自动驾驶牌照需要经过多个政府机构的严格审核，包含测试、评估和技术验证多个环节， 以确保Robotaxi的安全性和性能达到最高标准。 【深圳商报讯】（首席记者袁静娴）7月28日，全球领先的自动驾驶科技公司文远知行WeRide宣布旗下 Robotaxi获得沙特阿拉伯首张自动驾驶牌照。由此，文远知行成为全球唯一一家旗下产品拥有六国自动 驾驶牌照的科技公司，涵盖沙特、中国、阿联酋、新加坡、法国和美国。 ...

Core Viewpoint - The announcement of the construction and bidding for the Luo Hu Bei Station of the Shenzhen-Dongguan-Shenzhen High-Speed Railway indicates significant infrastructure development in the Guangdong region, aiming to enhance connectivity and transportation efficiency in the Greater Bay Area [1][3][4] Group 1: Project Overview - The Luo Hu Bei Station is planned to start construction by the end of September 2025 and is expected to be completed by the end of November 2027 [1][3] - The station will be an underground structure with four levels, featuring two platforms and four tracks, with a total length of approximately 600 meters and a width ranging from 23.6 to 43 meters [3] - The project is part of the Shenzhen-Dongguan-Shenzhen High-Speed Railway, which spans 125.52 kilometers with a design speed of 350 kilometers per hour, and is fully funded by Shenzhen City with an estimated cost of 48.79 billion yuan [4] Group 2: Connectivity and Integration - Luo Hu Bei Station will serve as a key hub integrating multiple transportation lines, including the Shenzhen-Dongguan-Shenzhen High-Speed Railway, Metro Lines 3, 14, 17, 25, and intercity railways, enhancing the transportation network in the eastern Greater Bay Area [3][4] - The completion of the high-speed railway is expected to create a "30-minute traffic circle" between the Shenzhen Special Cooperation Zone and the city center of Shenzhen [4] - Another station, Shen Shan Station, is also under construction and will serve as a junction for the Guang-Shan High-Speed Railway and the Shenzhen-Dongguan-Shenzhen High-Speed Railway, with a total building area of 356,000 square meters [4]

Market Overview - The A-share market has shown strong performance recently, with the Shanghai Composite Index breaking the 3600-point mark, driven by financial stocks and increased market liquidity [1][2] - As of July 28, the Shanghai Composite Index reached a high of 3606.27 points, closing at 3597.94 points, up 0.12%, while the Shenzhen Component Index and the ChiNext Index also saw gains [1] Market Drivers - The current market rally is primarily driven by liquidity and fundamentals, contrasting with the previous policy-driven surge [2] - Analysts suggest that the market is in a "bull market second phase," indicating continued growth potential, with many industry leaders having doubled their stock prices since September 2024 [3] Sector Performance - There is a rotation among industry sectors, with previously strong banking stocks experiencing profit-taking, while growth sectors such as innovative pharmaceuticals and AI are on the rise [2] - Beneficiary sectors of economic transformation, including smart driving, robotics, and drones, are expected to rebound in the second half of the year [2] Investment Strategies - Short-term focus should be on sectors with favorable mid-year performance, while long-term strategies should emphasize three main lines: domestic consumption, technological self-reliance, and dividend stocks [4] - Specific sectors to watch include high-dividend low-valuation blue-chip stocks, technology growth areas, and consumer recovery sectors [4] - Current market conditions suggest that holding stocks may be a more effective strategy, with attention on sectors like non-ferrous metals, communications, innovative pharmaceuticals, military industry, and gaming [4]

Core Viewpoint - The construction of the Shenzhen Metro Line 17 Phase I is expected to alleviate traffic pressure in densely populated areas such as Danjiao Head and Shimeiling, while enhancing the overall rail network in Longgang South and other regions [1][2] Group 1: Project Overview - The Line 17 Phase I project starts from Qiaoshe Station and ends at Shanglilang Station, covering approximately 18 kilometers with a total of 18 underground stations [1] - The first shield machine for the Danjiao Head to Shimeiling section has commenced, with the right line of this section measuring about 1,350 meters [1] Group 2: Construction Challenges and Innovations - The geological conditions for the construction are complex, requiring the shield machine to navigate through various rock formations and existing underground utilities, presenting significant construction difficulties and safety risks [1][2] - The construction team has optimized the construction plan by innovatively using a steel casing closed starting technology to reduce initiation risks, and has customized a composite earth pressure balance shield machine to handle the challenging geological conditions [2] Group 3: Impact and Significance - The completion of Line 17 will enhance rail coverage in key areas such as Luohu Center, Buji, and Nanwan, supporting the development of important regions like the Shenkang Qingshui River [2] - The project is expected to improve the functionality of the rail transit network, alleviate traffic pressure, and contribute to urban renewal along the line [2]

Group 1 - The "Million Talents Gathering in South Guangdong" initiative has successfully attracted over 1 million recent college graduates to work and start businesses in Guangdong, particularly in Shenzhen [1] - The initiative includes various measures to encourage companies to hire graduates, such as subsidies for small and micro enterprises that employ recent graduates, with a total of 59.84 million yuan distributed to over 5,236 companies [2] - The city has launched the "Wind and Flowers" annual action plan, which includes ten major actions and 31 measures to support employment and entrepreneurship for college graduates [2] Group 2 - The "Million Talents Gathering in South Guangdong" spring recruitment event in Shanghai featured 751 employers offering 35,000 quality job positions, attracting over 20,000 college students and 390 international students [3] - Shenzhen has introduced the "Pengcheng i-Job" program, linking quality job opportunities to 110 key universities, providing nearly 30,000 job positions to students in the first half of the year [3] - The city has established 80 employment service stations, providing over 1.42 million employment services and collecting more than 357,000 job postings in the first half of the year [4] Group 3 - Shenzhen offers various services for recent graduates, including 15 days of free accommodation to address transitional housing needs, with 47 operational locations and 50,000 units available [4] - The city has implemented a support system for entrepreneurial graduates, providing one-time startup grants and rent subsidies, with 3.2 million yuan distributed to 32,000 applicants in the first half of the year [4][5] - Low-interest, zero-guarantee entrepreneurial loans totaling 223 million yuan have been issued to support recent graduates in starting their businesses [5]

Group 1 - The report highlights the rapid development of green low-carbon industries in Guangdong, with a projected output value of 1.1 trillion yuan for the new energy industry by 2024, including offshore wind power, new energy storage, photovoltaics, and hydrogen energy [1] - The automotive industry in Guangdong achieved revenue exceeding 1.28 trillion yuan, showcasing the region's strength in electric and intelligent vehicle manufacturing [1] - Guangdong has cultivated globally competitive enterprises in the electric vehicle sector, including BYD, GAC Group, and Xpeng Motors, as well as battery and material companies like Yiwei Lithium Energy and CATL [1] Group 2 - The offshore wind power industry in Guangdong has developed a complete industrial chain, including key components such as turbines, blades, and motors, along with services for testing and certification [2] - The nuclear energy sector in Guangdong is led by Dongfang Heavy Machinery, forming a supply chain for nuclear power equipment, supported by the establishment of the Guangdong Nuclear Energy Industry Alliance [2] - The photovoltaic industry in Guangdong has established clusters for materials, battery cells, and inverters, with Huawei being the global leader in inverter shipments [2] Group 3 - Guangdong's green finance initiatives have led to a green credit balance exceeding 4.24 trillion yuan, with a year-on-year growth of nearly 18% as of the first quarter of 2025 [2] - The Guangdong-Hong Kong-Macao Greater Bay Area has seen the annual issuance of green bonds exceed 200 billion yuan [2] - The province plans to cultivate several trillion-yuan green low-carbon industry clusters and enhance support for green financing through fiscal and financial measures [2]

Core Viewpoint - The collaboration between Shenzhen and Hong Kong in the arts is highlighted through innovative performances that blend traditional Chinese instruments with contemporary jazz, showcasing a vibrant cultural exchange and artistic synergy [1][2][4]. Group 1: Event Highlights - The concert titled "Suan Na Meets Jazz" featured a unique fusion of the traditional Chinese suona and jazz music, exemplifying a cross-cultural dialogue [1][2]. - The performance included classic pieces like "Hundred Birds Paying Homage to the Phoenix" and Guangdong folk songs such as "Chasing the Clouds" and "Jasmine" reinterpreted in a jazz style, demonstrating the innovative spirit of the artists involved [2]. - The event is part of a broader initiative by Shenzhen Music Hall and Hong Kong's Leisure and Cultural Services Department to promote artistic exchanges, with a series of performances planned for the second half of the year [3]. Group 2: Cultural Exchange Initiatives - The collaboration model between Shenzhen and Hong Kong focuses on "government support, institutional collaboration, and resource sharing," aiming to bring diverse artistic elements from Hong Kong to Shenzhen [3][4]. - Upcoming performances include a variety of genres, featuring renowned artists such as conductor Yip Wing-sie and violinist Yao Jue, indicating a commitment to high-quality cultural offerings [3]. - The cultural exchange has been thriving over the past decade, with both governments actively facilitating interactions among artists and cultural institutions, reflecting a growing demand for music and family-friendly performances in the Greater Bay Area [4].

Core Insights - Shenzhen has transformed from a "technology desert" to a significant global innovation hub, attracting top scientific talent and establishing itself as a major source of technological innovation [1][2] Group 1: Talent Attraction and Development - The arrival of top scientists, such as structural biologist Yan Ning, has marked Shenzhen as a desirable location for research, leading to the rapid development of institutions like the Shenzhen Medical Academy [2] - Shenzhen's scientific community emphasizes a culture of originality and long-term investment in research, aligning with the city's innovative spirit [2] - The city has over 700,000 talents, including 406,000 skilled workers and more than 22,000 returnees from studying abroad, showcasing its appeal to high-level professionals [3] Group 2: Research Infrastructure and Ecosystem - The establishment of the Guangming Science City is a strategic initiative to enhance Shenzhen's technological capabilities, featuring major scientific infrastructure across various disciplines [3] - Shenzhen Bay Laboratory is exploring a three-pronged approach to talent structure, integrating basic research, industrial transformation, and engineering technology [3] - The city has over 3,000 innovation platforms and more than 20,000 high-tech enterprises, contributing to its vibrant innovation ecosystem [4] Group 3: Academic Excellence - Shenzhen's local universities, such as Shenzhen University and Southern University of Science and Technology, have seen a significant increase in the number of top scientists, with 243 and 193 respectively on the global top 2% scientist list [6] - The academic performance of these institutions is improving, with numerous disciplines ranking among the world's top 50, driven by increased research investment [6] - Collaborative initiatives among universities, such as the X9 Alliance, promote resource sharing and enhance the development of top-tier scientific talent [6] Group 4: Future Outlook - Shenzhen aims to continue its dual-engine approach of original innovation and results transformation, enhancing its global influence in the technology sector [7] - The ongoing influx of top scientific minds is expected to further elevate Shenzhen's status in the global technology landscape [7]