Core Viewpoint - The report highlights significant growth in China's fresh and chilled meat production, indicating a robust market for meat processing and related industries from 2026 to 2032 [1]. Industry Summary - According to the National Bureau of Statistics, China's fresh and chilled meat production reached 4.18 million tons in November 2025, marking a year-on-year increase of 16.3% [1]. - From January to November 2025, the cumulative production of fresh and chilled meat in China was 40.728 million tons, reflecting a cumulative growth of 13.8% [1]. Company Summary - The companies mentioned in the report include Shuanghui Development (000895), Roniu Mountain (000735), Huaying Agriculture (002321), New Hope (000876), Tangrenshen (002567), and Yisheng Shares (002458), which are key players in the meat processing industry [1].

Core Viewpoint - The report highlights a decline in China's liquefied petroleum gas (LPG) production, indicating potential challenges for companies in the sector and suggesting a need for strategic adjustments in response to market conditions [1] Industry Summary - According to the National Bureau of Statistics, China's LPG production in November 2025 was 4.3 million tons, representing a year-on-year decrease of 2.8% [1] - From January to November 2025, the cumulative LPG production in China reached 48.75 million tons, showing a cumulative decline of 1.7% [1] - The report from Zhiyan Consulting provides an analysis of the competitive landscape and investment development in the LPG industry from 2026 to 2032, indicating a focus on future market dynamics [1] Company Summary - Listed companies in the LPG sector include Xin'ao Co., Ltd. (600803), Fuan Energy (002911), Guizhou Gas (600903), Chongqing Gas (600917), Changchun Gas (600333), and Shaanxi Natural Gas (002267), which may be impacted by the declining production trends [1]

知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 上市企业：中国石油（601857）,中国石化（600028）,广汇能源（600256）,新奥股份（600803）,申能股 份（600642）,深圳燃气（601139）,重庆燃气（600917） 相关报告：智研咨询发布的《2026-2032年中国液化天然气(LNG) 行业市场调查研究及发展前景规划报 告》 根据国家统计局数据显示：2025年11月中国液化天然气产量为281万吨，同比增长15.4%；2025年1-11月 中国液化天然气累计产量为2684.5万吨，累计增长15.4%。 2020-2025年1-11月中国液化天然气产量统计图 数据来源：国家统计局，智研咨询整理 ...

上市企业：一拖股份（601038） 相关报告：智研咨询发布的《2026-2032年中国拖拉机行业市场需求分析及投资战略咨询报告》 根据国家统计局数据显示：2025年11月中国小型拖拉机产量为0.9万台，同比下降25%；2025年1-11月中 国小型拖拉机累计产量为11万台，累计下降16%。 2020-2025年1-11月中国小型拖拉机产量统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Core Viewpoint - The report highlights a decline in the production of AC electric motors in China, indicating potential challenges in the industry from 2025 onwards [1] Industry Summary - According to the National Bureau of Statistics, the production of AC electric motors in China for November 2025 was 29.39 million kilowatts, representing a year-on-year decrease of 4.9% [1] - From January to November 2025, the cumulative production of AC electric motors reached 317.236 million kilowatts, showing a slight cumulative decline of 0.2% [1] Company Summary - Listed companies in the AC electric motor sector include Wolong Electric Drive (600580), Jiadian Co., Ltd. (000922), China Electric Motor (603988), Shanghai Electric (601727), and Dongfang Electric (600875) [1] - The report by Zhiyan Consulting provides insights into the market development and investment prospects for the AC electric motor industry in China from 2026 to 2032 [1]

内容概要：2019-nCoV疫情的全球大流行，推动核酸检测技术广泛普及，带动核酸提取仪市场需求激 增，据比地招标网数据显示，2022年我国核酸提取仪采购总量达4216台，同比增长46.03%，随着国内 疫情防控进入常态化阶段，市场需求逐步从应急状态回落，采购规模显著收缩，据比地招标网数据显 示，2024年我国核酸提取仪采购总量降至758台，采购总金额同步回落至0.94亿元，采购均价降至12.40 万元/台；2025年上半年我国核酸提取仪采购总量累计达1487台，采购总金额合计0.93亿元，而采购均 价进一步降至6.25万元/台，这表明后疫情时代市场需求从应急性大规模采购，转向以设备更新和常态 化储备为主的常规采购，同时，市场单价大幅降低，整体市场规模已回归理性常态。 上市企业：圣湘生物（688289） 相关企业：西安天隆科技有限公司、杭州博日科技股份有限公司、赛默飞世尔科技（中国）有限公司、 天根生化科技（北京）有限公司、鲲鹏（徐州）科学仪器有限公司、嘉兴市艾科诺生物科技有限公司、 上海之江生物医药科技有限公司、上海伯杰医疗科技股份有限公司、北京博晖创新生物技术集团股份有 限公司 核酸提取仪工作原理 按仪器型 ...

Core Insights - The airport advertising industry is experiencing significant growth due to increasing passenger traffic and the rising importance of airports as advertising venues. The passenger throughput in Chinese civil aviation is projected to reach 1.46 billion in 2024, a year-on-year increase of 15.9% [3][4] - The revenue from airport advertising in China is expected to recover, with an estimated revenue of 9.572 billion yuan in 2024 and a forecasted increase to 10.454 billion yuan in 2025 [4] Group 1: Industry Definition and Classification - Airport advertising refers to commercial advertisements displayed within airport premises, targeting both travelers and airport staff. It includes various media formats such as LED screens, billboards, and magazines [2][3] - The industry operates under diverse business models, including commercial franchising, joint ventures, and emerging models, leveraging audience, price, space, and time advantages [2] Group 2: Current Industry Status - Airports serve as critical hubs for people, goods, and information, attracting businesses to utilize them for advertising and brand promotion. The growth in air travel has created substantial market potential for airport advertising [3] - The airport advertising revenue in China has shown consistent growth from 2017 to 2019, but faced challenges from the pandemic and macroeconomic factors from 2020 to 2024 [4] Group 3: Industry Value Chain - The upstream of the airport advertising industry includes airport management, media equipment, content production, and digital platform technology. The midstream involves airport advertising operations and agency services, while the downstream consists of businesses that require advertising, spanning various sectors [4] Group 4: Industry Development History - The evolution of airport advertising in China can be categorized into three phases: traditional print period (1990-2009), digital emergence period (2010-2019), and intelligent upgrade period (2020-present) [6] Group 5: Competitive Landscape - The market for airport advertising in China is expanding, with increasing competition and market segmentation. Major players dominate premium advertising spaces in key airports, creating regional monopolies [8][9] - Local operators focus on niche markets such as regional airports and specialized areas, employing localized teams and flexible advertising formats to enhance engagement [9][10] Group 6: Industry Development Trends - The nature of advertising is shifting from one-way communication to interactive dialogues between brands and consumers, enhancing engagement and recall. The airport advertising market is expected to evolve with more media formats and consumer services, driven by technological advancements towards digitalization and sustainability [10][11]

Core Viewpoint - The copper recycling industry in China is experiencing rapid growth driven by strong demand in strategic sectors and government policies aimed at promoting circular economy and carbon neutrality goals. The recycling of waste copper is becoming a key channel to bridge the supply-demand gap, with significant increases in recycling volume, average price, and total value projected for 2024 [1][5]. Overview - Waste copper recycling refers to the process of collecting, sorting, processing, and purifying discarded copper and copper alloy products to convert them back into usable industrial copper materials (recycled copper). This process reduces resource consumption and environmental damage from copper mining and lowers energy consumption and pollutant emissions from copper smelting [2]. Development History - The waste copper recycling industry in China has evolved from state monopoly during the planned economy to market-oriented growth post-reform, and is now entering a high-quality development phase driven by dual carbon goals and environmental policies. The industry is shaped by policy drivers, technological innovations, and changing market demands [3]. Market Policies - The Chinese government has issued numerous policies to support the development of the recycling industry, including guidelines for establishing recycling systems for various waste materials and promoting green development in manufacturing. These policies create a favorable environment for the growth of the waste copper recycling sector [4]. Industry Chain - The waste copper recycling industry in China has formed a complete closed loop consisting of upstream recycling, midstream processing, and downstream application. The midstream segment, which focuses on the smelting and processing of recycled copper, is the core of value transformation within the industry [6]. Current Development - The demand for copper in key sectors such as new energy vehicles, photovoltaics, and electronic information is strong. The recycling market is projected to reach 2.6 million tons in 2024, with an average price of 68,564.9 yuan per ton and a total value of 178.27 billion yuan, reflecting year-on-year growth of 8.3%, 10.4%, and 19.6% respectively [1][8]. Competitive Landscape - The waste copper recycling market in China is becoming increasingly competitive, with many companies entering the sector. Major players include Anhui Chuangjiang Technology New Materials Co., Ltd., Ningbo Jintian Investment Holdings Co., Ltd., and Zhejiang Fu Holdings Co., Ltd., which are implementing integrated strategies to stabilize raw material supply and enhance product value [10]. Development Trends - The waste copper recycling industry is expected to see more standardized and compliant development driven by ongoing policy support. The focus will be on enhancing environmental qualifications and technological advantages among enterprises, while also promoting the use of intelligent and green technologies to improve efficiency and reduce emissions [12][13]. - The industry is likely to shift towards a more integrated and collaborative structure, with leading companies consolidating resources and establishing long-term partnerships across the supply chain to create a closed-loop system for recycling, processing, and reuse [14].

Core Insights - Shanghai has established itself as one of the top three "Best Business Cities in Mainland China" since 2014, showcasing strong performance in the retail sector [6][7] - In 2024, Shanghai's total retail sales of consumer goods reached 17,940.19 billion yuan, with a slight decline of 3.1% year-on-year [7] - The retail sales structure is dominated by brand specialty stores, online retail, and specialty shops, indicating a shift in consumer preferences [7][8] Retail Industry Overview - The retail industry is defined as the sale of goods directly to consumers for personal or public consumption, encompassing various formats such as supermarkets, convenience stores, and online shops [2] - Shanghai's retail sector is characterized by a diverse and multi-layered structure, catering to different consumer needs [4] Current Development Status - The retail industry plays a crucial role in the economy, influencing production, consumption, and employment [6] - In 2024, the retail sales figures for food, clothing, daily necessities, and fuel were 3,721.33 billion yuan, 4,341.81 billion yuan, 9,354.46 billion yuan, and 522.60 billion yuan respectively, with food sales showing a 1.6% increase year-on-year [7] Sales Trends and Consumer Behavior - Major retail formats such as brand specialty stores and online retail are experiencing growth, with online sales showing a significant increase during key holidays [8] - During the Spring Festival, total online and offline consumption reached 56.9 billion yuan, marking a notable year-on-year increase [8] Policy Environment - Shanghai has implemented various policies to optimize the retail environment, including the launch of a pilot program for retail innovation [9] - The city aims to enhance the retail sector's contribution to the economy through multi-dimensional reforms [9] Competitive Landscape - The retail market in Shanghai is highly competitive, with both international giants like Carrefour and local players like Bailian Group vying for market share [12] - The rise of e-commerce platforms such as Tmall and JD.com has intensified competition, impacting traditional retail businesses [12] Future Development Trends - The retail industry in Shanghai is expected to evolve towards "refined operations," "green sustainability," and "instant retail," driven by changing consumer demographics and preferences [12][16] - The increasing share of online retail sales indicates a significant shift in consumer shopping habits and a transformation in the retail landscape [16]

Core Insights - The ultraviolet resonance Raman spectrometer (UVRRS) is a high-end research instrument that enhances signals and avoids fluorescence interference, playing a crucial role in advancing fundamental research in materials and biochemistry [1][6] - The market size for China's UVRRS industry is projected to reach approximately 459 million yuan in 2024, representing a year-on-year growth of 13.33% [6] Industry Overview - UVRRS operates on the principle of resonance Raman effect, utilizing ultraviolet light (e.g., 266nm, 248nm) as an excitation source, significantly enhancing Raman signals while suppressing fluorescence background interference [2][3] - The technology is applicable in various research areas, including biomolecules, catalysts, and nanomaterials, enabling precise analysis of molecular structures and dynamics [2] Industry Development History - The development of China's UVRRS industry has gone through four stages: initial development in the 1970s-80s, breakthroughs in the 1990s to early 2000s, rapid growth from the early 2000s to 2015, and maturity and industrialization from 2016 to present [3][4] - Key milestones include the first domestic UV Raman spectrometer developed in 1997 and the establishment of a joint laboratory with Beijing Zhuoli Hanguang in 2008, leading to commercial production [3][7] Market Size - The UVRRS is essential for advancing research in protein structure analysis, drug interactions, catalyst characterization, and defect analysis in new energy materials [6] - The projected market size for 2024 indicates a significant growth trajectory, reflecting the increasing demand for advanced research tools [6] Key Companies and Institutions - The Chinese Academy of Sciences Dalian Institute of Chemical Physics is a leading technology source, having developed the first domestic UV Raman spectrometer and achieved breakthroughs in deep ultraviolet Raman technology [7][9] - Beijing Zhuoli Hanguang Instrument Co., Ltd. is the leading domestic company in the UVRRS field, collaborating closely with the Dalian Institute to develop advanced systems and achieve commercial production [9][10] Industry Development Trends 1. **Technological Innovation and Performance Breakthroughs**: The industry is expected to focus on core technology innovations, enhancing device performance towards higher precision and intelligence, with potential integration of AI for real-time spectral analysis [11][12] 2. **Expansion of Application Fields**: As technology matures, UVRRS applications will extend into areas such as gene editing and environmental monitoring, with customized detection modules for specific materials [12][13] 3. **Domestic Replacement and Ecosystem Construction**: The industry aims to accelerate the localization of core components, with increasing domestic production rates for high-precision lasers and detectors, fostering a collaborative innovation ecosystem [13][14]