"实干是跨越困境、兑现目标的唯一路径……摒弃'为KPI而干'的形式主义。"近日，航宇科技 （688239.SH）董事长张华对企业发展提出了要求。 如何实干？2月6日晚间，航宇科技公告显示，为进一步优化公司战略布局，拓宽海外市场业务，公司拟 通过孙公司投资建设斯洛伐克工业装备零部件锻造生产基地，投资金额不超过1.05亿欧元（折合人民币 约8.62亿元）。 航宇科技认为，本项目依托当地良好的市场环境和产业基础，有助于公司进一步扩大海外业务规模、提 升整体营收水平，对巩固并提升公司在民用工业装备制造领域的市场地位具有积极作用。 2025年下半年，航天航空板块在政策红利、技术突破和资本热潮的推动下，迎来历史性爆发。 长江商报记者发现，航宇科技的股价也随着市场推动大幅上涨，近半年来公司股价涨幅约为73%，当前 总市值达125.24亿元。 海外收入占比超40% 航宇科技表示，公司目前财务状况稳健，本次对外投资不会对公司主营业务、持续经营能力及资产状况 造成不利影响。 总体而言，航宇科技认为，本项目依托当地良好的市场环境和产业基础，有助于公司进一步扩大海外业 务规模、提升整体营收水平，对巩固并提升公司在民用工业装备制造领域 ...

销量方面，2026年1月公司共交付新车27182台，同比大幅增长96.1%，蔚来、乐道和萤火虫三大品牌推 动公司交付大幅增加。 首次单季度盈利 蔚来汽车的业绩迎来关键突破。 2月5日，蔚来发布业绩预告，根据未经审计合并管理账目初步评估，蔚来2025年第四季度经调整经营利 润（剔除股权激励费用）预计在7亿元至12亿元，而2024年同期为-55.436亿元；按公认会计准则计量， 该季度经营利润预计为2亿元至7亿元。 对于此次盈利，蔚来表示核心得益于三方面因素，一是四季度汽车销量持续增长，二是优化的产品组合 推动汽车毛利率提升，三是公司全面降本增效措施的持续落地。 数据显示，2025年12月，该公司单月交付汽车48135辆，同比增长54.6%，一举创下月度交付新高。从 品牌细分来看，12月交付结构呈现多元均衡态势，旗下蔚来品牌高端智能电动汽车交付31897辆，持续 巩固高端市场份额；乐道品牌家庭智能电动汽车交付9154辆，精准覆盖家庭用户需求；萤火虫品牌智能 电动高端小车交付7084辆，成功切入高端小车细分赛道。三大品牌协同发力，构建起全方位的产品矩 阵。 从季度角度来看，2025年第四季度，公司累计交付汽车124 ...

Core Viewpoint - Red Wall Co., Ltd. (002809.SZ) is experiencing a significant decline in performance, with a projected net profit loss for 2025, while its actual controller, Liu Lianjun, has been selling shares for cashing out [1][9]. Group 1: Shareholding and Financial Performance - Liu Lianjun reduced his shareholding by 1.00%, cashing out approximately 30.07 million yuan, decreasing his stake from 43.85% to 42.85% [2][3]. - The company forecasts a net profit loss of between 32 million yuan and 48 million yuan for 2025, marking a decline of 165.63% to 198.44% compared to the previous year [9][10]. - This marks the first time in the company's 10-year history since its listing that it is expected to report a net profit loss [10]. Group 2: Revenue and Employee Trends - Red Wall's revenue has been declining since reaching a peak of 1.552 billion yuan in 2021, with revenues of 938 million yuan, 761 million yuan, and 675 million yuan in subsequent years, reflecting a significant drop [9]. - The number of employees has decreased by approximately 41% over four years, with a net reduction of 404 employees [11]. Group 3: Business Operations and Future Plans - The company is primarily engaged in the production of concrete additives and has recently entered the fine chemical sector, with a new project expected to start production in mid-2025 [8][10]. - The gross margin for the first three quarters of 2025 is projected to be 17.50%, the lowest in the company's history, with a third-quarter margin of 11.45%, also a record low [10].

Core Insights - Changhong Energy (920239.BJ) reported stable growth in its performance, with a total revenue of 4.485 billion yuan, representing a year-on-year increase of 22.17%, and a net profit attributable to shareholders of 249 million yuan, up 26.06% year-on-year [1][2] Group 1: Performance Highlights - In 2025, Changhong Energy achieved a revenue of 4.485 billion yuan and a net profit of 249 million yuan, both showing significant year-on-year growth [2][3] - The company attributes its growth to a combination of technological innovation, digital transformation, market expansion, and cost reduction efforts [2][3] Group 2: Capacity Expansion and Technological Upgrades - Changhong Energy has been expanding its production capacity and upgrading its manufacturing processes, with a focus on alkaline batteries, high-rate lithium batteries, and polymer lithium batteries [3][4] - The company is enhancing its operational efficiency through the implementation of MES systems and AI visual inspection upgrades, with a global supply structure being established through its manufacturing bases in Mianyang, Jiaxing, and Thailand [3][4] Group 3: Strategic Focus and Market Position - The company is committed to strengthening its core business areas, particularly in alkaline and lithium batteries, while also exploring new specialized battery markets [2][4] - Changhong Energy has received recognition as a provincial-level green factory and a benchmark enterprise for digital transformation, highlighting its commitment to innovation and quality [4]

Core Insights - The article highlights the significant breakthroughs in general artificial intelligence (AGI) technology and its integration across various industries, marking a transformative shift in productivity globally [1] - A-share listed companies in China are prioritizing technological innovation, particularly in AI, as a central aspect of their development strategy [1] Group 1: R&D Investment Overview - In 2024, the total R&D investment by A-share listed companies reached 1.88 trillion yuan, accounting for 51.96% of the national R&D expenditure [1] - The number of R&D personnel in these companies totaled 3.42 million, representing 11.08% of the total workforce [1] - The Shanghai Stock Exchange companies' R&D investment exceeded 1 trillion yuan, making up nearly 40% of the national corporate R&D spending [2] Group 2: Sector-Specific R&D Insights - The computer, machinery, defense, automotive, pharmaceutical, and communication sectors showed high R&D intensity, with respective contributions of 14%, 6%, 5%, 5%, 4%, and 4% [2] - The Science and Technology Innovation Board (STAR Market) saw its R&D investment reach 168.08 billion yuan in 2025, which is 2.5 times its net profit, reflecting a 6.4% year-on-year growth [2] - The Shenzhen Stock Exchange companies' total R&D investment surpassed 760 billion yuan, with 410 companies having an R&D intensity exceeding 10% [3] Group 3: Leading Companies in R&D - BYD led the A-share market with R&D expenses of 53.195 billion yuan, focusing on advancements in blade battery technology and smart driving algorithms [3] - China State Construction maintained a strong position with R&D investment of 45.459 billion yuan, focusing on smart construction and low-carbon materials [4] - Companies like ZTE, iFlytek, and Hikvision are increasingly investing in AI infrastructure and applications, with a significant portion of their R&D resources directed towards AI-related fields [4]

京津冀、长三角、粤港澳大湾区三大增长极锚定高端、聚力领跑，持续释放高质量发展核心动能；长江 经济带横贯东西、串联南北，以生态与发展协同之姿筑牢区域协调发展主轴；各区域板块立足禀赋、互 补联动，协同发展的底色更浓、成色更足……刚刚过去的2025年，一个个协调发展的具体场景，诠释着 国家战略的民生温度。 以一域带全域，以发展促平衡。"十四五"期间，我国山海协同、陆海联动，以系统性思维下好区域协调 发展"一盘棋"，让每一寸热土澎湃高质量发展动能。 党的二十届四中全会通过的《建议》，对"优化区域经济布局，促进区域协调发展"作出重要部署；2025 年中央经济工作会议明确要求"坚持协调发展，促进城乡融合和区域联动"……展望"十五五"，一系列部 署立足新发展阶段、紧扣区域经济布局优化要求，为推动中国式现代化厚植区域协调发展根基，在优势 互补、协同共进中绘就高质量发展的区域经济新图景。 业相融、路相通、情相连。从城市群引领到轴带联动，从要素互补到产业协同，全国发展的平衡性、协 调性持续提升，"一盘棋"格局愈发坚实。不仅为高质量发展筑牢根基，更为中国式现代化持续汇聚起全 域协同、同向发力的磅礴动能。 协调发展迈上新台阶 202 ...

其中，在科技金融领域，银行业金融机构持续加大对于高新技术企业、专精特新企业的信贷支持与综合 服务，创新知识产权质押、投贷联动等模式，助力破解科创企业融资难题，成为驱动创新发展的关键力 量。 截至2025年9月末，银行业金融机构本外币科技型中小企业贷款余额3.56万亿元，同比增长22.3%，增速 比各项贷款高15.8个百分点。 同时，银行业金融机构大力发展绿色金融，通过设立专项信贷额度、推出绿色债券、完善环境风险定价 机制等方式，引导资金加速流向清洁能源、节能环保、生态修复等绿色低碳领域，有力支持了经济社会 发展全面绿色转型。 长江商报消息近年来，我国银行业金融机构紧紧围绕服务实体经济这一根本宗旨，在多个维度扎实履行 社会责任。 根据央行发布数据，截至2025年三季度末，金融机构人民币各项贷款余额270.39万亿元，同比增长 6.6%，前三季度人民币贷款增加14.75万亿元。 截至2024年末，A股上市涉农贷款余额约为19.12万亿元。 在数字化转型方面，银行业以数字金融为抓手，全面推进数字化转型，在提升自身运营效率与风控水平 的同时，更致力于弥合数字鸿沟、改善客户体验、赋能实体经济数字化升级，构建更加安全、便 ...

Core Insights - The article emphasizes the relationship between corporate development and social responsibility, highlighting that fulfilling responsibilities and serving society are essential aspects of exemplary entrepreneurial spirit [1] Group 1: Charitable Contributions - In the 2025 fiscal year (from September 1, 2024, to August 31, 2025), 14 Chinese philanthropists donated over 100 million yuan each, totaling 3.83 billion yuan [1] - The education sector remains the most popular area for donations, accounting for 60% of the total number of donors; social welfare is the second-largest sector with 20%, while both healthcare and rural revitalization account for 10% each [1] Group 2: Donor Demographics - 79% of the listed philanthropists donated in their personal or family capacity, an increase of 7% from the previous year; 21% donated in the name of their companies [1] - 64% of the listed philanthropists are from publicly listed companies, which is a 14% increase compared to the previous year; the average age of the philanthropists is 59, remaining consistent with the previous year [1]

在政策引领下，上市公司对资本市场的责任担当有了更为切实的体现。2025年，A股上市公司分红总额 攀升至2.6万亿元，创历史新高；809家公司获得重要股东增持，最高增持金额超过千亿元。 长江商报消息 随着我国资本市场进入高质量发展新阶段，上市公司履行社会责任的深度与广度正成为 衡量企业可持续发展能力的关键标尺。 据长江商报资本战略研究院最新统计，2024年A股共有2481家上市公司通过可持续发展报告、ESG报告 等方式披露社会责任履行情况，整体披露率超过46%，较2022年的36.16%实现显著跃升。 这一变化不仅反映信息披露制度的完善，更揭示出企业治理理念从"财务绩效"向"综合价值"的深刻转 型。 分行业来看，金融业以91.94%的披露率位居榜首，电力、热力及水务行业（75.69%）与交通运输业 （72.32%）紧随其后。这些行业往往关系国计民生，其高频披露体现出更强的公共属性与监管期待。 值得注意的是，国有上市公司持续发挥带头作用。2024年国有上市公司社会责任报告披露率达 76.85%，较2022年提升15个百分点。民营上市公司披露率亦稳步增长至35.06%，显示出市场化主体正 加速融入责任治理主流。 报 ...

长江商报消息 ●长江商报记者 张璐 近日，鹤壁海昌智能科技股份有限公司（下称"海昌智能"）北交所IPO过会，但这家深耕高性能线束装 备三十余年的企业仍有多重挑战待解决。 2022年—2025年上半年（下称"报告期"），海昌智能的营业收入持续增长，归母净利润在波动中增长， 而公司综合毛利率一路下跌，从37.74%降至34.21%，下滑趋势未止。 毛利率持续下滑 公开资料显示，海昌智能成立于1994年，主营高性能线束装备研发、生产与销售，产品广泛应用于汽 车、信息通信、光伏储能等线束需求密集型行业。 近年来海昌智能营收规模持续扩张，展现出较强的业务增长能力。招股书显示，2022年—2025年上半 年，公司营业收入分别为5.20亿元、6.52亿元、8.00亿元、4.38亿元，保持稳健增长态势。其中，2023年 和2024年同比增速分别为25.37%、22.59%。 然而，与营收高增形成强烈反差的是，公司归母净利润并未同步增长，反而在2024年出现明显下滑，陷 入"增收不增利"。招股书显示，2022年—2024年，海昌智能归母净利润分别为1.08亿元、1.21亿元、 1.15亿元，2023年同比增长12.49%，20 ...