Core Insights - The report provides an analysis of the Chinese mobile gaming industry, focusing on distribution models, active channels, and advertising strategies. Distribution Models - The mobile gaming distribution models are categorized into two main types: cooperation (联运) and user acquisition (买量) [1][2]. - Cooperation model involves game developers partnering with platforms to share revenue, while user acquisition model focuses on direct advertising to attract users [2][3]. Active Channels - Major active distribution channels for mobile games include hardware official stores, third-party app stores, super apps, advertising platforms, and niche apps [5]. - VIVO Game Center, TapTap, and Huawei Game Center are identified as the most active channels, each with an activity rate exceeding 14% [6]. User Acquisition Trends - Role-playing games (RPGs) dominate the user acquisition market, with 1,147 products on Android and 178 on iOS, highlighting a strong preference for RPGs among users [8]. - The overall number of mobile game apps launched in 2024 is reported at 20,054, reflecting a 12.35% decline year-on-year, indicating intense competition in the mobile gaming sector [10].

脑机接口硬件设备主要包括脑电采集设备、脑机接口芯片，以及电源、采集器、同步器、刺激器、解码 器等设备零部件。其中，脑机接口硬件设备最为核心的便是用于脑电信号采集或神经反馈的脑电采集设 备(即电极)，以及用于脑电信号处理的脑机接口芯片。脑机接口芯片分为侵入式和非侵入式两大类，其 中侵入式脑机接口芯片要求远高于非侵入式。在侵入式脑机接口中，芯片的主要功能包括数据读出和信 号激励，此外为了保证方便和外界沟通还需要使用无线传输。 | 数据或出 | 数据读出主要是指脑机接口从脑部该取特定区域的信号,并且在芯片上做一系列初步处理,包括滚波 | | --- | --- | | | 等。具体多少信号处理在芯片上做,多少传输到片外完成则取决于整个芯片的设计考量。例如,对于 | | | 一些需要做快速反应的脑机接口芯片(例如检测颠縮并快速介入),则需要把尽可能多的处理在芯片 | | | 上实现,以满足延迟的需求。此外,通常经过芯片处理的信号比起原始信号的数据量会小,因此脑机 | | | 接口片上处理部分和无线数据传输部分是一对重要的权衡对象;片上处理越简单,则相关电路逻辑面 | | | 积和功耗越小,但是需要无线传输的数据量就越 ...

转自：前瞻产业研究院 以下数据及分析来自于前瞻产业研究院宠物芯片研究小组发布的《中国宠物行业（宠物经济）市场前景 预测与投资战略规划分析报告》。 行业主要上市公司：采纳股份(301122.SZ);康德莱(603987.SH);威高股份(01066.HK);正川股份 (603976.SH);山东药玻(600529.SH);旗滨集团(601636.SH);凯盛科技(600552.SH)等。 本文核心数据：莱普生基本信息、莱普生宠物芯片业务布局现状、莱普生发展历程、莱普生宠物芯片业 务发展规划 莱普生是中国动物溯源标识的奠基者，中国动物疫病预防控制中心RFID技术研发与产品推广服务基 地，产品涉及可视耳标、电子耳标、防疫耳标、智能标识、辅助工具等70余种。 1、中国宠物芯片行业竞争梯队：莱普生是中国宠物芯片本土品牌龙头企业 中国宠物芯片行业相关企业数量较少，行业竞争格局的分层特征并不显著。从上市进程上看，中国宠物 芯片行业相关上市公司为采纳股份、山东药玻等公司，在宠物芯片的产能布局与市场渗透上具备显著优 势，但其业务聚焦度相对较低，宠物芯片多为多元化业务矩阵中的细分模块，聚焦于宠物芯片上游环 节。中间梯队仅有探感科 ...

（图片来源：摄图网） 2月2日北京时间凌晨，马斯克在X平台发文宣布，特斯拉成功实现干电极工艺规模化生产，并称这是锂电池 生产领域的里程碑式突破，技术落地难度极高。他同时祝贺特斯拉工程、生产、供应链团队及合作供应商， 完成了这项极具挑战的技术攻坚。 在新能源汽车产业链中，上游主要包括电池、电机、电控等核心原材料及零部件供应，中游为整车制造，按 用途划分为乘用车、商用车等，下游则涵盖充电服务及后市场服务。而上游电池制造环节是新能源汽车产业 链的核心环节。 特斯拉官方随后转发的补充说明揭示了这项技术的商业价值：干电极制造工艺可有效降低电池生产成本、生 产环节能耗与工厂整体复杂度，同时大幅提升产能扩张的灵活性与规模上限。 干电极电池规模化生产，通俗来说就是用"压饼"取代"和面"。传统锂电池制造如同烘焙前的准备工作：需 要使用具有污染性的化学溶剂，将电极核心材料调配成糊状(和面)，涂覆至基底后，还需消耗大量能源进行 烘干及溶剂回收。这一湿法工艺不仅流程繁琐、成本高昂，还存在环保隐患。 而干电极技术彻底跳出了这一范式。它无需使用液态溶剂，直接将干燥的电极核心粉末，通过类似压制成型 的工艺加工为薄电极片。这种"一步成型"的 ...

Core Viewpoint - The incident of the IRON humanoid robot falling during its first public showcase in Shenzhen has sparked significant attention, highlighting both the challenges and advancements in humanoid robotics technology [1][11]. Group 1: Incident Overview - The IRON robot, developed by XPeng Motors, fell once during its walking demonstration at a public event, which drew immediate public interest [1]. - XPeng's Vice President, "Thomas Electric Train" (Yu Tao), provided a quick explanation and noted that the event's host cleverly alleviated the awkwardness by reflecting on the importance of overcoming setbacks in life [1]. - XPeng's Chairman, He Xiaopeng, shared a metaphor on social media, likening the robot's fall to a child's learning to walk, emphasizing resilience and progress [5][7]. Group 2: Product Specifications - IRON is XPeng's first mass-production humanoid robot, set to debut in November 2024, with plans for large-scale production by the end of 2026 [10]. - The robot is designed at a 1:1 human scale, standing 178 cm tall and weighing 70 kg, featuring a bionic structure with 82 degrees of freedom, including 22 in the hands [10]. - It is equipped with three self-developed Turing AI chips, achieving a total computing power of 2250 TOPS, and can run a 30 billion parameter model locally [10]. Group 3: Market Context - The humanoid robot market is experiencing significant growth, with major companies like Yushun and Zhi Yuan achieving annual shipments exceeding 5,000 units, indicating a substantial increase in production capacity [14]. - The market concentration is high, with the top three companies holding a combined market share of 79.63% as of the first half of 2025 [15]. - The Chinese humanoid robot market is projected to reach sales of 122,700 units by 2030, supported by government policies and substantial funding [17].

Core Insights - The report discusses the development prospects and investment strategies of the Chinese chain pharmacy industry, highlighting key players and market dynamics [1][12]. Industry Overview - The chain pharmacy industry supply chain consists of upstream manufacturers, medical device producers, health product manufacturers, and pharmaceutical logistics suppliers; the midstream is represented by chain pharmacies, while downstream customers include both offline and online clients [1][2]. Key Players - Major listed companies in the chain pharmacy sector include Dazhonglin, Yifeng Pharmacy, and Laobaixing, among others [1][2]. Regional Distribution - Upstream suppliers are primarily located in Beijing, Jiangsu, Hubei, and Hunan, while chain pharmacy operations are concentrated in Hunan, Yunnan, Guangdong, and Shanghai [6]. Financial Performance - By the first half of 2025, three listed chain pharmacy companies, including Guoyao Holdings, Dazhonglin, and Yifeng Pharmacy, are projected to exceed 10 billion yuan in operating revenue, with gross margins above 15%, and Yifeng Pharmacy exceeding 40% [8][9]. Investment Trends - Since 2024, chain pharmacy companies have focused on increasing capital in subsidiaries and acquisitions to improve financial structures and expand sales channels [10]. - Notable investment activities include: - Jianzhijia's capital increase of 466 million yuan across five subsidiaries [11] - Yixintang's investment of 32.8 million yuan in land use rights [11] - Tongrentang's acquisition of a 51% stake in Honghui Pharmaceutical for approximately 10.46 million yuan [11].

转自：前瞻产业研究院 以下数据及分析来自于前瞻产业研究院医药研发外包(CRO)研究小组发布的《中国医药研发外包 （CRO）行业市场前瞻与投资战略规划分析报告》。 行业主要上市公司：目前国内CRO行业主要的上市公司有药明康德(603259.SH)、康龙化成 (300759.SZ)、泰格医药(300347.SZ)、凯莱英(002821.SZ)、昭衍新药(603127.SH)、九洲药业 (603456.SH)、皓元医药(688131.SH)、博腾股份(300363.SZ)、成都先导(688222.SH)、药石科技 (300725.SZ)等。 本文核心数据： 企业主营业务收入 1、药明康德在中国CRO市场份额占比约四分之一 根据2024年中国CRO行业的企业营收份额占比情况可见，药明康德以将近四分之一的市场份额、290亿 元营收，在中国CRO市场中稳居绝对龙头地位，其市场占比不仅远超康龙化成、泰格医药等头部同 行，营收规模更是大幅领先，凭借显著的规模优势与竞争壁垒，成为引领行业发展的核心主导力量。 2、药明康德发展历程概览 3、药明康德营收爆发式增长，持续保持高位 根据企业公布的近五年营收数据，2020至2022年， ...

2月1日晚上，小米创办人，董事长兼 CEO 雷军在北京亦庄举行科普直播，揭秘新一代SU7的研发过程，其 中回应了小米汽车1月交付量环比下降的质疑。 当日上午，小米汽车官方微博公布的数据显示，2026年1月交付量超过3.9万辆。相较于2025年12月超5万辆 的历史新高，环比下滑超过20%。而在2025年12月，小米汽车交付量突破5万辆，创下品牌史上新高。此数 据公布后，部分网友和媒体进行了负面解读，甚至出现"拍手叫好"的情况。 （图片来源：小米汽车） | 产业链环节 | | 化 | | --- | --- | --- | | 智能电动汽车公司 | | 蔚来汽车、小鹏汽车 | | 电动化系统 | 电池 | 珠海冠宇,中航理电、赣锋锂电、蜂巢能源、卫营新能源 | | 电影 | | 酷科电子、奥易克斯、武汉嘉晨电子、裔标智能科技、中驱电机、苏州智绿科技、盈 | | | | 智热管理、爱磁科技、苏州海之博电子 | | 其他 | | 宁波鼎声微电子、湖南法恩菜特新能源、北京智同精密传动、深圳市大族精密传动、 江苏碳什科技 | | 智能驾驶系 | 解决方案 | Momenta、智行者、纵目科技、DeepMotion 深动 ...

Industry Overview - The computer simulation industry in China has a limited number of listed companies, but the industry chain is extensive, with key players in the midstream segment including Huazhi Chuantong, Holiwo, and Huaru Technology [1] - The industry is expected to grow, with significant revenue contributions from various companies, particularly in the fields of military simulation, training, and digital transformation [16] Key Companies and Their Performance - Listed companies in the computer simulation sector include Huazhi Chuantong (5.64 billion), Holiwo (2.15 billion), Huaru Technology (1.57 billion), and others, with varying revenue performances [5][14] - The largest revenue-generating company in the sector is Langxin Information, with 1206.69 billion, followed by TCL Technology at 1359.43 billion [4] Business Focus and Strategies - Huazhi Chuantong aims to solidify its foundation in simulation testing and radar signal processing, focusing on domestic alternatives in the aerospace industry [16] - Holiwo is working to achieve international standards in simulation functionality and precision, while also integrating AI technology into its software [16] - Huaru Technology is leveraging military models for intelligent decision-making and virtual training applications [16] Market Dynamics - The computer simulation industry is characterized by a high concentration of business activities, with many companies having over 90% of their business focused on simulation [12] - The geographical distribution of representative companies is concentrated in regions like Beijing, Jiangsu, and Shanghai, with Beijing having the most significant number of companies [6] Revenue and Financial Metrics - The revenue from computer simulation business for major companies is generally below 3 billion, with notable exceptions like Aerospace Zhizhuang and Jiean Gaoke, which have higher revenues [14] - The gross profit margins for companies in the sector vary, with Jiean Gaoke achieving a margin of 1.84% [14] Future Outlook - The industry is expected to continue evolving with advancements in technology and increased demand for simulation solutions across various sectors, including defense and telecommunications [16] - Companies are focusing on enhancing their product offerings and expanding their market reach through strategic partnerships and technological innovations [16]

Core Insights - Wuxi City is implementing the "465" modern industrial system to enhance its industrial capabilities and competitiveness, focusing on advanced manufacturing and future industries [1][4][10] Group 1: Industrial Strategy and Development - In 2015, Wuxi's government emphasized the "strong industry" strategy, aiming to create a modern industrial highland through policies supporting high-tech industries [1] - By 2025, Wuxi aims for four landmark industrial clusters and six advantageous industrial clusters to achieve a combined revenue of 2.6 trillion yuan, with future industries maintaining an annual growth rate of over 15% [4][27] - The industrial value added of Wuxi's enterprises surpassed 640.17 billion yuan in 2024, reflecting a growth of 6.6% compared to the previous year [10][12] Group 2: Investment and Economic Performance - Wuxi's fixed asset investment reached 458.736 billion yuan in 2024, with industrial investment accounting for 41.6%, indicating a significant increase [13] - The first industry added value was 14.045 billion yuan, growing by 3.5%, while the second industry reached 771.602 billion yuan, up by 6.2%, and the third industry achieved 840.682 billion yuan, increasing by 5.4% [16] Group 3: Industrial Clusters and Innovation - Wuxi has established five national advanced manufacturing clusters, including special steel materials and large aircraft, and has been recognized as a national pilot city for digital transformation of SMEs [17][20] - The city is focusing on developing key industrial clusters in IoT, integrated circuits, biomedicine, and software services, while also nurturing future industries like AI and quantum technology [27] Group 4: Funding and Support Mechanisms - Wuxi's "465" industrial system is supported by various funds, including a 5 billion yuan integrated circuit fund and a 4 billion yuan biomedicine fund, targeting sectors like semiconductors and innovative drugs [21][23] - The city has developed a comprehensive support system for R&D in high-end equipment, biomedicine, and IoT, emphasizing deep integration of industry and education [25] Group 5: Future Development Plans - Wuxi plans to enhance its industrial ecosystem by implementing projects focused on industrial park development, excellence in industrial chains, and collaborative innovation [30] - By 2025, Wuxi aims to create a number of nationally recognized advanced manufacturing clusters and increase the number of listed companies in the A-share market [27]