Core Viewpoint - The China (Shenzhen) - Saudi Arabia Digital Energy Industry Economic and Trade Cooperation Exchange Conference was held in Riyadh, highlighting the collaboration between Shenzhen's new energy enterprises and Saudi institutions to discuss development and reach industrial cooperation intentions [1][2] Group 1: Shenzhen's Energy Capabilities - Shenzhen is recognized for its three key strengths: "Supercharging City," "Electric Power Storage and Distribution Network," and "Virtual Power Plant," which enable it to provide efficient green energy services and digital solutions [1] - The city aims to leverage its experience in digital energy and contribute to Saudi Arabia's green energy goals by offering affordable, reliable, and sustainable solutions [1] Group 2: Saudi Arabia's Perspective - Representatives from Saudi institutions emphasized the importance of China as a key partner, noting significant achievements in trade and investment [1] - The collaboration with Shenzhen's enterprises, such as Huawei and BYD, is deemed crucial for achieving Saudi Arabia's long-term vision and energy objectives [1] Group 3: Future Initiatives - The Shenzhen delegation invited global enterprises and institutions to participate in the 2026 International Digital Energy Exhibition, indicating ongoing efforts to foster international cooperation [2]

2022年5月，中国证监会"一参一控一牌"政策正式落地，券商可通过设立资管子公司、公募基金公司以 及参、控股公募基金公司的方式来拓展公募业务。彼时券商资管业务正在经历艰难整改，公募业务被业 内视为向主动管理转型的发力点，2023年出现了券商资管扎堆排队申请公募牌照的热潮：招商资管、广 发资管、兴证资管、光证资管、国证资管和国金资管等多家券商资管陆续递交了公募牌照申请材料，当 年率先获批的是招商资管与兴证资管。 进入2024年后，券商资管机构申请公募牌照几乎处于暂停状态。目前，拿到开展公募基金管理业务许可 的券商及券商资管子公司共有14家。值得注意的是，按照相关规定，今年底是券商资管大集合产品（投 资者人数多，不受200人限制）公募化改造最后时点，而根据操作指引，券商参公大集合产品改造可通 过更换管理人、清盘、取得公募牌照、变更为私募产品等方式满足合规要求。 【深圳商报讯】（记者 詹钰叶）继广发资管后，光证资管也退出了申请公募牌照的队伍。至此，还在 等待公募牌照审批的券商资管只剩下两家。 公开信息显示，光证资管成立于2012年5月9日，前身为原光大证券资产管理总部。 根据中国证监会发布的公告，光证资管已从"资产 ...

受中美贸易摩擦再起等利空冲击，10月13日A股大幅低开，随后一路回升，沪指一度逼近平盘，科创50 指数逆势翻红。截至收盘，沪指下跌0.19%，报收于3889.5点；深成指下跌0.93%，创业板指下跌 1.11%，科创50指数上涨1.4%，A股全天成交约2.37万亿元。 从板块来看，有色、半导体、军工、银行等逆势上涨，通信设备、汽车、电子元器件等跌幅居前。有色 板块上涨逾3%，超10只个股涨停，中国稀土（000831）、北方稀土（600111）、西部黄金 （601069）、招金黄金（000506）等涨停；半导体上涨近2%，路维光电、华虹公司20%涨停。此前连 续调整的银行股逆势走强，浦发银行上涨逾5%。 消息面上，当地时间10月10日，特朗普重启对华加征关税后，美股再遇"黑色星期五"，遭遇6个月来最 严重的抛售。当天，美股三大指数集体收跌，道指下跌1.9%；纳指下跌3.56%；标普500指数下跌 2.71%。纳指、标普500指数创4月来最大单日跌幅。 10月12日，中国商务部发言人答记者问时表示，10月9日，中方发布了关于稀土等相关物项的出口管制 措施，这是中国政府依据法律法规，完善自身出口管制体系的正常行为。 ...

【深圳商报讯】（首席记者 谢惠茜）纽约黄金期价近期数次刷新历史纪录，在突破4000美元历史高位 之后，国内多家银行又迅速集体发公告提示风险，并对贵金属业务投资门槛进行调整。 10月10日，建设银行（601939）在其官网发布《关于近期贵金属业务市场风险提示公告》，公告称，由 于"近期国内外贵金属价格波动加剧，市场风险提升。请您提高贵金属业务的风险防范意识，合理控制 仓位，及时关注持仓情况和保证金余额变化情况，理性投资。" 9月3日，上海黄金交易所率先发布关于调整部分合约保证金水平和涨跌停板的通知，对黄金延期品种与 白银延期合约交易保证金水平和涨跌停板比例进行调整，并同时提示风险，要求各会员增强风险防范意 识，做细做好风险应急预案，提示投资者做好风险防范工作，合理控制仓位，理性投资，确保市场稳定 健康运行。 当天，宁波银行（002142）发布公告称，由于近期国内金价波动较大，自9月4日起，将积存金起购金额 从800元提升至900元。 9月4日，中国银行（601988）公告称，将调整代理个人上金所业务项下部分延期合约的交易保证金比例 与涨跌幅度限制。同日，农业银行（601288）也发布公告称，对金市通业务合约涨跌 ...

随着东航宽体机Wi-Fi全舱免费落地的推进，未来，机上全舱免费Wi-Fi能否升级为行业标配，引发行业 关注。而记者了解到，已经有其他航司正在研讨跟进策略。 航司能否扛住免费背后的成本压力，成为短期全舱Wi-Fi免费化的障碍。据了解，行业单架飞机Wi-Fi改 装成本达300万至400万元，年均运营成本30万至50万元，其中卫星流量费占比超60%。 10月11日，东方航空正式宣布旗下所有宽体机执飞的国内"空中快线"全面开放经济舱全舱位免费Wi-Fi 服务。这一举措打破了国内航司Wi-Fi"高端舱位专属"的惯例。未来，免费Wi-Fi能否升级为行业标配？ 此前，东航免费Wi-Fi服务仅限国内"空中快线"航班的头等舱、公务舱、超级经济舱及指定经济舱舱 位。 东航此次免费举措并非偶然，而是精准卡位竞争焦点与自身经营困境的双重战略布局。从自身经营看， 东航近年面临显著盈利压力：2024年全年净利润亏损47.98亿元，归母净利润亏损42.26亿元，销售净利 率低至-3.63%，同时2023年上半年客户满意度被竞争对手反超，商务客流失直接冲击核心收益。而客舱 Wi-Fi已被验证是破局关键——2024年东航国际航线免费Wi-Fi ...

10月11日，东方航空正式宣布旗下所有宽体机执飞的国内"空中快线"全面开放经济舱全舱位免费Wi-Fi服务。 这一举措打破了国内航司Wi-Fi"高端舱位专属"的惯例。未来，免费Wi-Fi能否升级为行业标配？ 此前，东航免费Wi-Fi服务仅限国内"空中快线"航班的头等舱、公务舱、超级经济舱及指定经济舱舱位。 东航此次免费举措并非偶然，而是精准卡位竞争焦点与自身经营困境的双重战略布局。从自身经营看，东航 近年面临显著盈利压力：2024年全年净利润亏损47.98亿元，归母净利润亏损42.26亿元，销售净利率低 至-3.63%，同时2023年上半年客户满意度被竞争对手反超，商务客流失直接冲击核心收益。而客舱Wi-Fi已被 验证是破局关键——2024年东航国际航线免费Wi-Fi试点期间，常旅客新增量环比增长40%，"服务换流量"的 逻辑成效显著。 东航这一举措将打破国内航司Wi-Fi"高端舱位专属"的惯例。目前，国航、南航等仍维持"会员免费+普通旅客 付费"模式。例如，南航10小时国际航班全流量浏览单次收费达200元左右。 不过国际上，已经有越来越多航空公司将机上Wi-Fi变为免费服务项目。比如全机队已配备Wi-Fi的国 ...

经深房中协统计，2025年第41周（10月6日~10月12日）全市二手房（含自助）录得1219套，环比增长233.1%，双节假期后，二手房录得量出现快速回 升，节后2天单日录得量均超300套。 据深圳市房地产信息平台数据，2025年第41周全市新房（预售+现售）成交量受双节假期影响波动变化。 单位:套 深圳二手房录得量前10片区(10.6-10.12) o 10 20 30 40 50 60 龙岗:龙岗中心城 56 罗湖:布心 46 宝安:沙井 33 龙岗:双龙 33 龙岗:布吉中心 32 南山:蛇口 30 宝安:新安 30 龙华:龙华中心 28 南山:前海 28 坪山:坪山 27 | 深圳新房成交情况(预售+现售) | | | | --- | --- | --- | | 2025W40 类别 | 2025W41 | 环比变化 | | 新房总量 1277 | 440 | -65.50% | | 997 新房住宅量 | 349 | -65.00% | 从区域看，整体变动不大，继续保持原有格局；从片区看，龙岗中心城片区持续保持市场热度。 ...

Core Viewpoint - The company is facing significant challenges in its membrane business due to intense market competition and is actively seeking to transform this segment while maintaining cash flow during a downturn [3][4][7] Group 1: Company Performance - The company reported a revenue of 8.11 billion yuan for the first half of 2025, a decrease of 20.43% year-on-year [5][6] - The net profit attributable to shareholders was a loss of 489,639.29 yuan, representing a decline of 100.74% compared to the previous year [5][6] - The operating cash flow showed a net outflow of 7.2 billion yuan, down 67.47% year-on-year [5][6] Group 2: Business Segments - The company’s membrane business is under severe pressure due to oversupply in the market, leading to a strategic shift towards high-value products and efficiency improvements [3][4] - The drone business is reported to be stable and sustainable, with ongoing efforts in technological innovation and product upgrades [3][4] - The company has nearly 1,000 employees involved in the drone design and production processes [3] Group 3: Market Conditions - The company noted that the demand for drones from international markets is improving, while domestic demand remains stable, although delivery schedules have been affected [7] - The new materials segment is facing significant pressure from supply-demand imbalances, impacting profitability [7] - Currency fluctuations, particularly the depreciation of the US dollar, have negatively affected the company's profit levels [7]

港交所10月12日晚披露，三一重工（600031）股份有限公司(下称"三一重工")通过港交所主板上市聆 讯，中信证券为其独家保荐人。 三一重工此次冲击港股IPO取得实质性进展。若赴港上市成功，将成为继中联重科（000157）后第二 家"A+H"工程机械股。 招股书显示，三一重工成立于1994年，已从单一品类、单一国家运营，转型升级为多元化产品、全球化 运营的世界级工程机械行业领军企业。产品线覆盖挖掘机械、混凝土机械、起重机械、桩工机械、路面 机械等主要品类，并提供定制化解决方案，服务于多种工程场景。 近年来，三一重工积极实施全球化战略，产品已销往150多个国家与地区。2024年海外市场收入占总收 入的62.3%，增速高于行业平均水平。 研发投入方面，三一重工在全球设有21个研发中心，研发费用占收入比例超过行业平均水平。 根据招股书披露，三一重工此次港股IPO拟发行不超过10.83亿股境外上市普通股，拟募集资金15亿美元 （约117亿港元），募集资金将主要投向全球化业务拓展与研发投入两大核心领域，旨在进一步提速国 际化的战略布局。 公开资料显示，三一重工主要从事工程机械的研发、制造、销售和服务，公司于2003年 ...

Group 1: New Technologies and Products - The Thunderbird X3 Pro system allows consumers to make payments by simply looking at a payment code, enabling hands-free transactions [1] - The Wan AIChef ultra from Wandercook simplifies cooking through smart recognition and precise temperature control, enhancing user experience [1] - Various companies showcased innovative products at the Shenzhen Industrial Exhibition, revitalizing traditional industries and gaining market recognition [1] Group 2: Feiya's Brand Strategy - Feiya's strategy focuses on high-end branding, leveraging its unique IP in the aerospace sector and being the sole supplier of astronaut watches in China [2] - The company aims for over 15% of sales from aerospace-related products in 2024, with over 20 themed stores opened to enhance brand value [2] - Feiya has invested over ten years in addressing chip shortages, achieving breakthroughs in domestic mechanical movements, with prices for some watches exceeding 10,000 yuan [2] Group 3: Feiya's Value Chain and Technology - Feiya covers the entire value chain from R&D to sales, utilizing AI to overcome industry-specific challenges in watch manufacturing [3] - The development of a machine recognition timing detection system has reduced misjudgments by over 60% and improved efficiency by over 100% [3] Group 4: Thunderbird's Market Position - Thunderbird Innovation's partnership with Ant Group led to the launch of the world's first AI glasses supporting "Alipay tap to pay," enhancing user convenience [4] - The company has established a strong presence in over 25 countries, achieving significant sales and brand recognition [4] - According to Counterpoint Research, Thunderbird's AR glasses are projected to capture a 39% market share by Q2 2025, making it the global leader [4] Group 5: Wandercook's Product Launch - Wandercook's wan AIChef ultra debuted at the IFA exhibition, recognized for its innovative design and technology [5] - The product serves as a smart hub for health management, offering personalized cooking experiences through advanced temperature control [5] - Since its launch in May, the wan AIChef ultra has sold over 3,000 units and is set to be showcased at the CES electronics show [5]