目前，博士眼镜（300622.SZ）经营发展态势良好。2026年1月17日，博士眼镜全国首家智能眼镜概念店 在深圳正式落地。该概念店通过沉浸式体验空间展示AI视觉助手在导航、翻译、信息检索等场景的应 用，并提供定制化验配流程，确保用户在享受AI功能的同时获得专业光学支持。智能眼镜概念店是博 士眼镜系统化推进"智能眼镜最后一公里"战略的关键一步。线下体验不仅关乎产品，更在于人与技术的 深度互动。门店提供的体验、验配与售后一站式服务，能显著降低用户使用门槛，门店有最新、最全的 各类智能眼镜供消费者体验，促进顾客快速决策，体验智能科技给生活带来的便利。 2025年前三季度，公司营业总收入达到10.80亿元，同比增长18.05%，归属于上市公司股东净利润8783 万元，同比增长5.21%，扣非净利润达7900万元，同比增长7.82%。截至2025年9月30日，博士眼镜在全 国拥有584家门店，其中直营门店510家，加盟店74家。目前，公司已与多家智能眼镜厂商开展合作，希 望依托覆盖全国的门店网络、专业的验配服务体系，以及多年来对消费者佩戴习惯的洞察，成为连接技 术创新与消费者真实需求的"服务桥梁"。 日前，中国证券监 ...

Core Insights - The global commercial space industry is experiencing explosive growth, with the market expected to reach $1.1 trillion by 2030, driven by policy support and demand surges [1] - China's commercial space market is projected to grow at a compound annual growth rate (CAGR) of 22.9%, nearing 2.8 trillion yuan by 2025, positioning it as a key growth driver in the global landscape [1] - The demand for low Earth orbit (LEO) satellite constellations is a primary growth driver, with over 260,000 satellites planned globally, including 42,000 by SpaceX's Starlink [1] Market Dynamics - The trend towards large-scale LEO satellite networks is reshaping industry competition, emphasizing cost control and mass delivery capabilities as core competitive advantages [2] - The average selling price (ASP) for integrated solutions provided by the company is approximately 1.5 million yuan per satellite, representing 30% of Starlink's satellite cost, with potential increases to 1.7 million yuan as technology advances [2] Company Growth Potential - The company's growth is supported by a large market base and cost advantages derived from technological synergies, achieving a production yield of 99.5% and reducing unit costs by over 40% [3] - The business structure includes carbon fiber components (40%), thermal control systems (30%), power systems (20%), and ground terminals (10%), ensuring a diversified revenue stream and risk mitigation [3] Competitive Advantages - The domestic substitution trend has provided a significant boost to the company's growth, as it has developed high-performance carbon fiber components and power modules that are 60% cheaper than imported alternatives [4] - The company has successfully integrated into SpaceX's core supply chain, leading to stable bulk orders and a positive cycle of order growth, scale effects, and cost reductions [5] Capacity and Supply Chain - The company has established intelligent production bases in Guangdong, Jiangsu, and Sichuan, with an annual capacity exceeding 100,000 sets of core aerospace components, aligning with the growth of global LEO satellite launches [6] - The comprehensive supply capability across satellite structures, thermal control, power, and ground terminals positions the company as a key supplier in the global commercial space sector [6] Ecosystem Collaboration - The company's ecosystem approach enhances business growth efficiency by integrating technology research, capacity supply, and application scenarios, breaking the limitations of single-component suppliers [7] - Collaborations with leading aerospace institutions focus on advanced materials and lightweight structures, driving continuous innovation and technical support for business growth [7] Long-term Growth Strategy - The company is positioned as a "connector" and "enabler" in the trillion-dollar market, benefiting from bulk orders from leading constellations like Starlink and increasing domestic market share through local substitution [8] - The long-term growth potential is further enhanced by expanding into ground terminals and emerging applications in space computing, ensuring a robust growth trajectory [8]

Core Viewpoint - The article highlights the historic achievement of the AITO brand reaching one million vehicles produced, emphasizing the importance of cross-industry integration as a pathway for high-quality development in the automotive sector [1]. Group 1: Company Strategy - The company aims to accelerate the global market layout of the AITO brand and promote Chinese high-end vehicles internationally [2]. - The chairman, Zhang Xinghai, reflects on the company's journey of cross-industry development, particularly the collaboration with Huawei since 2021, which has set a precedent for integration between automotive and ICT industries [1]. Group 2: Collaboration Model - The partnership with Huawei is characterized by a non-traditional joint venture model, avoiding equity ties while establishing a closely coordinated joint development system [1]. - This collaboration is based on leveraging each other's strengths and mutual trust, which Zhang attributes to the need for significant courage to achieve common goals [1]. Group 3: Industry Impact - The cross-industry integration model has provided a new development paradigm for the automotive industry, directly contributing to the company becoming the third profitable new energy vehicle enterprise in China [1].

规模维度上，截至2025年末，杭州银行总资产达23,649.02亿元，较2024年末增长11.96%；贷款总额 10,718.76亿元、存款总额14,405.79亿元，分别较2024年末增长14.33%、13.20%，存贷主业规模稳步扩 容；子公司杭银理财发展势头强劲，存续理财产品规模突破6,000亿元，较2024年末增长39%，财富管 理板块增长动能凸显。 杭州银行业务规模实现稳健增长，实体服务质效同步提升。公司深耕金融"五篇大文章"，各业务条线精 准发力、多点突破：公司金融聚焦九大客群，坚定服务实体经济发展，制造业、科技、绿色贷款余额较 2024年末分别增长22.25%、23.44%、22.75%，重点领域信贷投放力度持续加大；零售金融深耕客群精 细化经营，持续完善产品体系与渠道建设，零售客户总资产（AUM）较2024年末增长15.73%，客户价 值稳步提升；小微金融深化"两个延伸"战略，加大普惠金融支持力度，普惠型小微企业贷款余额较2024 年末增长17.06%，普惠服务覆盖面持续拓宽。 "十五五"时期是金融强国建设纵深推进的战略机遇期，金融服务实体经济、深化金融改革、防范化解金 融风险的核心导向更加明 ...

Core Insights - Elon Musk announced at the Davos Forum that establishing solar-powered AI data centers in space is a clear choice, with Tesla and SpaceX planning to build a combined solar manufacturing capacity of 200GW over the next three years, significantly exceeding market expectations [1] - The solar capacity will primarily support ground data centers and low-orbit solar AI satellites, indicating a new expansion opportunity for the global photovoltaic industry [1] Group 1: Company Positioning - Dongfang Risen is positioned as a leading enterprise in the renewable energy sector, with strong technological accumulation and commercialization capabilities, making it a preferred supplier for downstream core customers [1][2] - The company has developed a 50μm ultra-thin p-type heterojunction (HJT) battery that has been successfully delivered in bulk, showcasing outstanding performance in lightweight and radiation resistance, making it suitable for low-orbit satellite energy systems [2] - Dongfang Risen's HJT battery has a shipment history of three years, with cumulative shipments reaching several tens of thousands of pieces, solidifying its competitive edge in the space photovoltaic sector [2] Group 2: Technological Advancements - The perovskite tandem battery developed by Dongfang Risen has achieved a conversion efficiency of 30.99%, significantly surpassing current mainstream photovoltaic battery efficiency levels, providing ample room for technological evolution in the space photovoltaic field [2] - The compatibility between HJT technology and perovskite tandem technology can significantly reduce costs associated with future technological iterations and capacity upgrades [2] Group 3: Market Opportunities - The concept of space data centers, as proposed by Musk, could generate over 800GW of demand for space photovoltaic installations, exceeding the current annual new installation capacity of ground photovoltaic systems, presenting significant growth opportunities for Dongfang Risen [3] - The rapid development of global data centers driven by AI technology is increasing energy consumption, making renewable energy sources like photovoltaic power crucial for meeting new electricity demands [3] Group 4: Production Capacity and Reliability - Dongfang Risen's annual photovoltaic module production capacity has reached 40GW, with ongoing technological breakthroughs expected to push HJT cell efficiency beyond 26.60% and module efficiency beyond 24.70% by mid-2025 [4] - The company has achieved a first-year power degradation rate of no more than 1.00%, with subsequent annual degradation rates not exceeding 0.3% for the next 30 years, indicating high reliability [4] Group 5: Strategic Development - Dongfang Risen is expanding its strategic vision by focusing on both ground and space photovoltaic sectors, aiming for a dual-track development strategy that optimizes business structure and broadens profit margins [5]

1月24日，山东得利斯食品股份有限公司（以下简称"得利斯"）上海运营中心及旗舰店在上海市杨浦区 启用。山东省及上海市相关部门负责人，潍坊市、诸城市有关领导，以及公司代表共同出席活动。此举 标志着得利斯在华东市场的布局进入新阶段。 公司董事长郑思敏在启用仪式上表示，上海运营中心是得利斯立足长三角、辐射全中国、链接全世界的 战略抉择。未来，得利斯将以上海总部为引擎，以更优质的产品、更完善的服务、更开放的姿态，共拓 中国肉食品行业的新未来，为推动中国食品行业高质量发展贡献得利斯力量。 值得一提的是，该运营中心同步设立了研发中心，聚焦中式、西式等预制食品的创新开发。得利斯始终 坚持自主创新的发展道路，建设了低温肉制品重点实验室、食品安全追溯与预警工程研究中心两个市级 研发平台，研发能力处于国内领先水平。依托上海先进的技术发展风向和众多的餐饮、食品人才资源， 公司有望构建更具创新能力的技术研发平台，进一步丰富在预制食品领域的产品储备，持续在产品端、 标准端、安全端等方面建立技术优势，助力公司扩大市场份额，夯实预制食品领先企业的地位。 品牌展示与业务协同方面，运营中心将成为链接合作伙伴、消费者与行业的重要桥梁。公司表示， ...

Core Insights - Medtronic and Mindray North America announced an upgraded strategic partnership in patient monitoring, extending from hospital settings to Ambulatory Surgery Centers (ASCs) in the U.S. to meet the growing monitoring needs in both inpatient and outpatient environments [1][2] - The collaboration aims to provide higher quality and cost-effective care for outpatient patients, leveraging both companies' established cooperation and technical integration experience, particularly in perioperative scenarios [1] Group 1 - The partnership focuses on the unique demands of outpatient settings, as more surgeries transition from inpatient to outpatient environments, leading to an increased demand for flexible and advanced monitoring devices [1] - Medtronic will integrate several core monitoring technologies into Mindray's platform, including Microstream™ capnography, BIS™ brain function monitoring, Nellcor™ pulse oximetry, and INVOS™ regional oximetry, significantly lowering the barriers for outpatient adoption of advanced monitoring technologies [1][2] Group 2 - Mindray North America is actively advancing the integration of Medtronic's next-generation monitoring products, including the upcoming INVOS™7100 and new BIS™ systems, to provide cutting-edge monitoring solutions for outpatient settings [2] - The collaboration will utilize the integrated distribution network to promote the procurement and deployment of Mindray monitoring systems equipped with Medtronic technology within the U.S. healthcare system, enhancing technical coverage [2] - The partnership exemplifies a successful integration of hospital-grade patient monitoring technology into outpatient settings without increasing system complexity, thereby optimizing workflows and maintaining clinical confidence [2]

参会的投资人表示，对这套"智慧大脑"印象深刻，它运行在同一套数据体系里，都能通过"智能体商 城"获得新技能。这听起来像是，"一个垂直领域的"'机器人操作系统'"，"未来每个城市可能都需要一 个'城市清洁大脑'，"一位投资人分析，"就像每个城市都需要水电煤一样。" 城市服务环卫AI的最深的壁垒，也许不是技术，而是场景和数据。玉禾田29年积累了全国上百个城市 的作业数据、气候数据、路况数据——这些积攒下来的数据资产，恰恰是AI最需要的"高质量场景燃 料"。也是智慧大脑未来重磅发力的核心。 清扫机器人-产品图 1 月 23 日，深圳这场聚焦 "数智创新发展 机器人战略转型" 的盛会，环卫巨头玉禾田（300815）29周年 战略转型发展大会上，玉禾田携旗下玉树智能机器人亮出 "全场景机器人军团" 的硬核配置，并以AI智 慧大脑、数字员工、智能体商城，系统性展现向 "数智城市综合服务商" 的进化。玉禾田董事长周平正 式宣布，成立29年的玉禾田进入"AI深度驱动、人机共生"为核心的全面智能化发展新阶段。 展厅参观-现场图 在发布环节中，智慧大脑、AI@数智城市大管家2.0、智能体工厂、城市治理智能体应用商城重磅登 场；从 ...

Group 1 - The World Economic Forum Annual Meeting 2026, themed "Spirit of Dialogue," took place in Davos, Switzerland, attracting nearly 3,000 representatives from over 130 countries to discuss global development issues [1] - The Vice President of Seres Group, Kang Bo, emphasized the importance of dialogue in establishing common goals and building win-win partnerships amid complex global changes [2] - Seres Group aims to create an open cooperative ecosystem, enhancing collaboration with global suppliers and transitioning from "going out" to "integrating in" [2] Group 2 - The Chinese new energy vehicle industry has rapidly developed over the past five years, shifting the focus from electrification to intelligence, with cars evolving into "mobile intelligent entities" [3] - Seres Group has positioned itself as a pioneer in intelligence, proposing the brand concept of "Smart Reshaping Luxury" and collaborating with Huawei to launch the high-end new energy vehicle brand, AITO [3] - The AITO series has received market recognition, with cumulative deliveries exceeding 1 million units, including over 270,000 units of the AITO M9, maintaining a leading position in the 500,000-level sales category for 21 consecutive months [3] - Looking ahead, Seres Group will continue to focus on three strategic directions: globalization, brand premiumization, and AI integration, while deepening collaborative innovation with global partners [3]

德国国家科学院院士Roland Eils(罗兰.艾尔斯)尤其关注AI对疾病预防的价值，因为预防疾病是降低成 本、减轻医疗系统压力的最有效途径。他认为，面对全球人口老龄化带来的医疗负担，从"被动医疗"转 向"主动预防"很有必要，他建议利用大规模真实医疗数据构建用于疾病风险预测的AI大模型，包括电子 健康记录等。 1月23日，在2026大湾区医疗健康创新大会上，钟南山、罗兰.艾尔斯等国内外知名院士就"AI+医疗"发 展重磅发声。中国工程院院士钟南山表示，人工智能等数字技术正深刻改变着医疗服务的模式和效率， 推动智慧医疗不是为了取代医生，而是为了医生更好回归到"以人为本"而不是"以病为本"的初心，不是 单纯为了炫技，而是为了解决老百姓看病贵、看病难的实际问题。 当前，在"健康中国"战略和"人工智能+"行动等国家政策倡导下，国内开始涌现出人人可享的AI健康助 手，对居民主动健康管理发挥重要作用。其中，去年上线的AI健康应用"蚂蚁阿福"已成为国内最大的健 康管理类App，单日用户提问量超过1000万，这些用户55%来自三线及以下城市。蚂蚁阿福还向全国医 生开放"AI分身"技术，六位院士领衔的超1000位医生在阿福App ...