西部证券（002673）此前指出，创新奇智坚定聚焦"AI+制造"赛道，2024年来自制造业的业务营收占比 达到80%，累计服务的制造业企业数量超千家。该行认为，随着国家大力推动新质生产力和制造业数字 化转型，公司作为行业先行者，凭借深厚的行业Know-how和丰富的客户案例，将持续受益于工业智能 化升级的长期结构性需求。 创新奇智(02121)涨超7%，截至发稿，涨7.03%，报5.94港元，成交额692.58万港元。 消息面上，近期，以"AI下一个十年：场景驱动×新质引擎"为主题的2025人工智能+大会主论坛在北京 中关村国际创新中心举办。在成果发布环节，创新奇智AInnoGC工业大模型案例入选 "AI100 应用标 杆"榜单。值得一提的是，在"一模一体两翼"战略驱动下，创新奇智以AInnoGC工业大模型为技术底 座，以 AI 智能体为场景落地引擎，以工业软件与工业机器人为两大应用载体，推动大模型技术在钢铁 冶金、面板半导体、3C高科技、汽车装备、能源电力、工程建筑、食品饮料&新材料、智造实训等多个 领域应用落地。 ...

消息面上，近期，以"AI下一个十年：场景驱动×新质引擎"为主题的2025人工智能+大会主论坛在北京 中关村国际创新中心举办。在成果发布环节，创新奇智AInnoGC工业大模型案例入选 "AI100 应用标 杆"榜单。值得一提的是，在"一模一体两翼"战略驱动下，创新奇智以AInnoGC工业大模型为技术底 座，以 AI 智能体为场景落地引擎，以工业软件与工业机器人为两大应用载体，推动大模型技术在钢铁 冶金、面板半导体、3C高科技、汽车装备、能源电力、工程建筑、食品饮料&新材料、智造实训等多个 领域应用落地。 西部证券此前指出，创新奇智坚定聚焦"AI+制造"赛道，2024年来自制造业的业务营收占比达到80%， 累计服务的制造业企业数量超千家。该行认为，随着国家大力推动新质生产力和制造业数字化转型，公 司作为行业先行者，凭借深厚的行业Know-how和丰富的客户案例，将持续受益于工业智能化升级的长 期结构性需求。 智通财经APP获悉，创新奇智(02121)涨超7%，截至发稿，涨7.03%，报5.94港元，成交额692.58万港 元。 ...

Group 1 - AI application concept stocks have mostly risen, with notable increases in companies such as Innovent Biologics (6.85%), Alibaba (4.54%), Kuaishou (4.38%), Meitu (3.21%), and Yuedu Group (3.56%) [1] - Recent positive developments in the AI application field include Google's release of Gemini3 and Nano Banana Pro, which have significantly outperformed previous models [1] - Alibaba's AI assistant Qianwen App has surpassed 10 million downloads within a week of its public testing, becoming the fastest-growing AI application, outpacing ChatGPT and others [1] Group 2 - Bohai Securities notes that leading model manufacturers like Baidu, Alibaba, and Google are continuously iterating their AI large model products, intensifying global competition and accelerating technological innovation and application [2] - Domestic large models in China are making steady progress in technical iterations, successfully entering the global first tier of large models [2] - The compatibility between domestic large models and local accelerated computing chips is improving, creating a synergistic advantage for algorithm and hardware, which lays a solid foundation for large-scale implementation across various industries [2]

每经AI快讯，港股AI应用概念股多数走高，截至发稿，创新奇智(02121.HK)涨6.85%，报5.93港元；阿 里巴巴-W(09988.HK)涨4.54%，报154.3港元；快手-W(01024.HK)涨4.38%，报66.8港元；美图公司 (01357.HK)涨3.21%，报8.04港元；阅文集团(00772.HK)涨3.56%，报36.1港元。 ...

智通财经APP获悉，AI应用概念股多数走高，截至发稿，创新奇智(02121)涨6.85%，报5.93港元；阿里 巴巴-W(09988)涨4.54%，报154.3港元；快手-W(01024)涨4.38%，报66.8港元；美图公司(01357)涨 3.21%，报8.04港元；阅文集团(00772)涨3.56%，报36.1港元。 消息面上，近期，AI应用领域利好频出。海外方面，谷歌分别于11月19日、20日发布Gemini3、Nano Banana Pro，性能全面反超。国内方面，阿里旗下的AI助手千问App公测一周，下载量已突破1000万 次，超越ChatGPT、Sora、DeepSeek成为史上增长最快的AI应用。此外，蚂蚁灵光App上线4天下载量突 破100万次，冲上App Store中国区免费榜第六。兴业证券认为，随着模型能力的持续突破，AI应用有望 迎来商业奇点，加速AI产业闭环。 渤海证券认为，近期百度、阿里巴巴、谷歌等国内外头部模型厂商陆续迭代AI大模型产品，全球大模 型领域竞争持续白热化，有望推动技术创新与应用落地加速普及。国内国产大模型在技术迭代中持续突 破，核心能力稳步提升，已成功跻身全球大模型 ...

Core Viewpoint - The electric bicycle market in China is undergoing a significant transition as the deadline for the old national standard approaches, leading to a surge in demand for old standard bikes while new standard bikes face supply shortages [1][2][4]. Market Dynamics - The old standard bikes are experiencing a "last train" sales boom, with some stores reporting that their remaining inventory will only last for a couple of weekends [2]. - Sales of old standard bikes in Beijing have nearly doubled compared to previous years, driven by the impending deadline and local subsidy policies [2][4]. - There is a supply-demand imbalance for old standard bikes, which may lead to price fluctuations as inventory becomes scarce [4]. Consumer Behavior - Consumers are torn between choosing compliant new standard bikes and the faster, albeit less safe, old standard bikes [1][7]. - Some consumers prefer old standard bikes for their speed and lower price, while others prioritize safety and are willing to wait for new standard models [8][10]. - The price difference between new and old standard bikes can be significant, with new models costing several hundred yuan more due to enhanced safety features [10]. Regulatory Environment - The transition to new standards has prompted some retailers to engage in "gray market" practices to circumvent regulations, such as registering old standard bikes under different names to continue selling them [5][6]. - The new national standard imposes stricter safety requirements, including speed limits and anti-tampering measures, which complicate illegal modifications [6][12]. - Regulatory bodies are increasing inspections and enforcement actions against non-compliant sales practices, indicating a tightening of market oversight [12][16]. Industry Implications - The shift to new standards is expected to reshape the competitive landscape, favoring companies that can quickly adapt to regulatory changes and consumer demands [16]. - Companies are investing in technology upgrades and supply chain optimization to meet new standards and maintain profitability [10][16]. - The new regulations are seen as a catalyst for industry-wide improvements in safety and product quality, although consumer education on the importance of safety features remains a challenge [17].

2025年，绿源集团控股全新发布"全场景轻出行"战略，构建三大业务增长曲线。生态业务作为第三发展 曲线，立足现有研发、制造、市场等核心优势，展开基于互联网、智能化、AI及新质生产力相关领域 的合作，进行融合式创新，打造增长新动能。具身机器人领域是公司生态业务发展的重要布局之一。 有鹿机器人由阿里巴巴达摩院相关团队创立，在"大模型+具身智能"方向具备顶尖实力，依托其自研具 身智能通用大脑，在具身机器人整机设计、人工智能算法与场景化应用落地等领域具备突出优势。绿源 集团控股作为深耕电驱动系统近三十年的行业巨头，在电机自主研发、高精密、规模化制造及供应链管 理上拥有深厚积累和优势。双方携手，有望打通具身机器人从"算法与控制"到"核心部件"再到"规模化 制造"、"市场化推广"的全链条，形成高效产业协同。 本报讯(记者桂小笋)11月18日，绿源集团控股(开曼)有限公司(以下简称"绿源集团控股")与有鹿机器人在 杭州签署战略合作协议。绿源集团控股将成为有鹿机器人在"高精度行星减速关节模组"领域的战略供应 商，并计划于2026年向有鹿机器人高质量交付超过十万量级的核心关节部件。未来双方还将围绕具身机 器人核心零部件、整机制 ...

Industry Information - Jiangsu Province's new energy commercial vehicle power and control system innovation center construction plan has been approved, focusing on core issues in the industry such as high-power electric drive systems and intelligent control systems [8] - CATL has established a new energy technology company in Yunnan with a registered capital of 5 million RMB, focusing on new energy technology research and battery swap facilities [8] - Tsinghua University has developed a new solid-state battery using soybean protein, which shows potential for high performance and environmental benefits [10][11] - Zhengli New Energy plans to launch a pilot line for all-solid-state batteries in the first half of 2026, aiming to solve production challenges [11] - Wuhan Weinan completed a C-round financing of 670 million RMB, with funds directed towards battery asset management and technology development [12] - The number of electric vehicle charging facilities in China has exceeded 18 million, reflecting a 54.5% year-on-year increase [22][23] Policy Information - Guangdong Province is offering a one-time subsidy for personal consumers purchasing new energy passenger vehicles as part of a broader consumption promotion campaign [29] - The National Development and Reform Commission has issued a plan to support the construction of smart charging facilities and improve community services [30] - A new policy in Huzhou, Zhejiang, aims to establish over 10,000 public charging stations by 2025, enhancing the charging network [34] - The city of Zhengzhou has suspended applications for vehicle scrapping subsidies due to budget exhaustion [38] Company Information - BYD's Tengshi brand has launched new models with competitive pricing, indicating strong market activity [9] - Xpeng Motors has begun trial production of its flying car, marking a significant step in the development of flying vehicles [15] - Huawei's driving assistance system has accumulated over 58.11 billion kilometers of assisted driving mileage, showcasing its technological advancements [17] - SAIC's MG4 has introduced a cross-year tax subsidy plan, reflecting competitive strategies in the automotive market [12]

Core Viewpoint - The company, Innovation Qizhi (02121), has repurchased a total of 570,100 shares for a total consideration of HKD 4.3055 million in October 2025, reflecting confidence in its business outlook and future prospects [1] Summary by Relevant Sections - **Share Buyback Details** - The company repurchased 570,100 shares in the open market at a total cost of HKD 4.3055 million [1] - **Management's Perspective** - The board believes that the share buyback demonstrates confidence in the company's business outlook and will ultimately benefit the company and create value for shareholders [1] - **Financial Position** - The board asserts that the company's existing financial resources are sufficient to support the share buyback while maintaining a robust financial condition [1]

Core Viewpoint - The company, Innovent Biologics (02121), has repurchased a total of 570,100 shares in the open market for a total consideration of HKD 4.3055 million, reflecting confidence in its business outlook and future prospects [1] Summary by Sections - **Share Buyback Details** - The company repurchased 570,100 shares in October 2025 [1] - The total cost of the share buyback was HKD 4.3055 million [1] - **Board's Perspective** - The board believes that the share buyback demonstrates confidence in the company's business outlook and future prospects [1] - The board anticipates that the buyback will ultimately benefit the company and create value for shareholders [1] - The company has sufficient financial resources to support the buyback while maintaining a robust financial position [1]