Group 1 - The 2025 Analyst Conference and the 7th Sina Finance "Golden Unicorn" Best Analyst Awards Ceremony took place on November 28, gathering over 300 authoritative scholars, public and private fund leaders, listed company chairpersons, top fund managers, and chief analysts in Shanghai to discuss future opportunities in the Chinese capital market [1] - The results of the 7th Sina Finance Golden Unicorn Best Analyst selection were announced [2] Group 2 - The top analysts in the innovative pharmaceutical sector were recognized, with the first place awarded to the Industrial Securities Research Team led by Chief Analyst Sun Yuanyuan [3] - The second place was awarded to the CITIC Construction Investment Securities Research Team, led by Chief Analyst Yuan Qinghui [3] - The third place went to the Guotai Junan Securities Research Team, led by Chief Analyst Yu Wenxin [3] - Other notable rankings include Tianfeng Securities in fourth place, Dongwu Securities in fifth, Guosheng Securities in sixth, Huachuang Securities in seventh, GF Securities in eighth, and Changjiang Securities in ninth [3]

Core Insights - The 7th Sina Finance "Golden Unicorn" Best Analyst Awards ceremony was held on November 28, 2025, in Shanghai, gathering over 300 influential figures from academia, public and private equity, listed companies, top fund managers, and chief analysts to discuss future opportunities in China's capital market [1]. Group 1: Event Overview - The 7th Sina Finance "Golden Unicorn" Best Analyst Awards ceremony took place, highlighting the importance of analyst contributions in the financial sector [1][2]. - The event featured discussions on the future opportunities within the Chinese capital market, indicating a focus on growth and investment potential [1]. Group 2: Best Analysts in Home Appliance Sector - The top analysts in the home appliance industry were recognized, with the following rankings: 1. Guolian Minsheng Securities Research Team, led by Chief Analyst Guan Quansen [3]. 2. Changjiang Securities Research Team, led by Chief Analyst Chen Liang [3]. 3. Kaiyuan Securities Research Team, led by Chief Analyst Lv Ming [3]. 4. CITIC Construction Investment Securities Research Team, led by Chief Analyst Ma Wangjie [3]. 5. Zheshang Securities Research Team, led by Chief Analyst Zhang Yuntian and Co-Chief Analyst Ma Li [3]. 6. Guotai Junan Securities Research Team, led by Chief Analyst Cai Wenjuan [3].

Group 1 - The 7th Sina Finance "Golden Unicorn" Best Analyst Award Ceremony was held on November 28, 2025, in Shanghai, gathering over 300 authoritative scholars, fund managers, and top analysts to discuss future opportunities in the Chinese capital market [1]. - The results of the 7th Sina Finance Golden Unicorn Elite Analyst selection were announced [2]. Group 2 - The top five macroeconomic research teams recognized in the 7th Sina Finance Golden Unicorn Elite Analyst Honor Roll are as follows: 1. First place: Guotai Junan Securities Research Team, led by Chief Analyst Liang Zhonghua and co-chiefs Wang Hao and Huang Runan, with a total of nine team members [3]. 2. Second place: Industrial Securities Research Team, led by Chief Analyst Duan Chao, with a total of eight team members [3]. 3. Third place: Minsheng Securities Research Team, led by Chief Analyst Tao Chuan, with a total of three team members [3]. 4. Fourth place: CITIC Construction Investment Securities Research Team, led by Chief Analyst Zhou Junzhi, with a total of twelve team members [3]. 5. Fifth place: Guojin Securities Research Team, led by Chief Analyst Song Xuetao, with a total of three team members [3].

专题：第七届新浪财经金麒麟最佳分析师荣誉榜 11月28日，2025分析师大会暨第七届新浪财经"金麒麟"最佳分析师颁奖盛典隆重召开。逾300名权威学 者、公私募掌舵人、上市公司董事长、顶级基金经理、首席分析师齐聚上海，共同探讨中国资本市场的 未来机遇。 第四名 国联民生证券研究团队 （首席分析师：吴爽；团队成员：叶鑫） （首席分析师：彭磊；团队成员：杨天昊、宋博、周明頔） 第二名 国金证券研究团队 （首席分析师：杨晨；团队成员：任旭欢） 第三名 东方证券研究团队 （首席分析师：罗楠；团队成员：冯函） 同时，第七届新浪财经金麒麟菁英分析师评选结果隆重揭晓。 第七届新浪财经金麒麟军工行业"菁英分析师"荣誉榜如下： 第一名 国泰海通证券研究团队 （首席分析师：张恒晅；团队成员：陈瑞基、温晓、刘砚菲、牛先智） 责任编辑：郭栩彤 第五名 西部证券研究团队 ...

Core Insights - The Shenzhen Stock Exchange, in collaboration with the Hong Kong Stock Exchange and the Guangzhou Futures Exchange, hosted the 2025 Greater Bay Area Technology Conference focusing on "Entering the Era of Artificial Intelligence+" [1][3] - Key figures from various sectors, including government, financial markets, technology companies, and academic institutions, participated to share experiences and build consensus on the application of AI in capital markets [1][3] Agenda Summary November 28 Agenda - Keynote speeches included topics such as "Implementing the 'Artificial Intelligence+' Initiative for High-Quality Development of Capital Markets" and "Entering a New Era of Artificial Intelligence" [3] - A high-level dialogue on industry applications and governance of large models was also scheduled [3] November 29 Agenda - The agenda featured technical sharing sessions on various topics, including "Exploration and Practice of Observability in Trading Systems" and "Low-Latency Communication Optimization for Securities Trading Systems" [7][9] - Additional sessions covered the construction practices of core trading systems and the research on multi-level custody in clearing and settlement platforms [7][9] Financial AI Sub-Forum - The sub-forum included discussions on regulatory innovations and the practical applications of large models in the financial sector [8][10] - Presentations focused on the integration of AI in financial data management and the development of intelligent applications in the industry [10][11] Digital Transformation Sub-Forum - The forum addressed the transformation practices in core business and institutional services, emphasizing the role of digitalization in wealth management [12][14] - Topics included the application of digital solutions in inclusive finance and the management of customer classification [12][14]

Group 1 - The 7th Sina Finance "Golden Unicorn" Best Analyst Awards ceremony was held on November 28, 2025, in Shanghai, gathering over 300 authoritative scholars, fund managers, and top analysts to discuss future opportunities in the Chinese capital market [1]. - The results of the 7th Sina Finance Golden Unicorn Best Analyst selection were announced [2]. Group 2 - The top analysts in the overseas market research category were recognized, with the first place awarded to the Industrial Securities Research Team, led by Chief Analyst Zhang Yidong [3]. - The second place was awarded to the Everbright Securities Research Team, led by Chief Analyst Fu Tianzi [3]. - The third place went to the Tianfeng Securities Research Team, led by Chief Analyst Kong Rong [3]. - The fourth place was awarded to the Guohai Securities Research Team, led by Chief Analyst Chen Mengzhu [3]. - The fifth place was given to the Guoxin Securities Research Team, led by Chief Analyst Zhang Lunkuo [3]. - The sixth place was awarded to the Guotai Junan Securities Research Team, led by Chief Analyst Qin Heping [3].

Group 1 - The 7th Sina Finance "Golden Unicorn" Best Analyst Award Ceremony was held on November 28, 2025, in Shanghai, gathering over 300 authoritative scholars, fund managers, and company executives to discuss future opportunities in the Chinese capital market [1] - The results of the 7th Sina Finance Golden Unicorn Elite Analyst selection were announced [2] Group 2 - The top five analysts in the New Energy Vehicles and Parts sector were recognized, with the first place awarded to the Guohai Securities Research Team led by Chief Analyst Dai Chang [3] - The second place was awarded to the Tianfeng Securities Research Team, led by Chief Analyst Sun Xiaoya [3] - The third place went to the Guotou Securities Research Team, led by Chief Analyst Xu Huixiong [3] - The fourth place was awarded to the Industrial Securities Research Team, led by Chief Analyst Dong Xiaobin [3] - The fifth place was given to the Guotai Junan Securities Research Team, led by Chief Analyst Liu Yiming [3]

Core Insights - The 2025 Analyst Conference and the 7th Sina Finance "Golden Unicorn" Best Analyst Awards Ceremony took place on November 28, gathering over 300 authoritative scholars, public and private fund leaders, listed company chairpersons, top fund managers, and chief analysts in Shanghai to discuss future opportunities in the Chinese capital market [1] Group 1: Event Overview - The event featured discussions on the future opportunities in the Chinese capital market [1] - The results of the 6th Sina Finance Golden Unicorn Best Analyst Awards were announced [1] Group 2: Award Winners - Ten analysts were awarded the title of Securities Analyst: Future Star, representing various institutions and research industries, including: - Wang Zihao from Changjiang Securities in the New Energy Vehicles and Components sector - Jiang Tao from GF Securities in the Public Utilities sector - Xue Hongwei from Dongfang Securities in the Electronics sector - Fang Yi from Guotai Junan Securities in Strategy Research - Pang Jiajun from CITIC Securities in the Electronics sector - Yang Jiani from Guojin Securities in Macroeconomic Research - Yang Xu from Zhongtai Securities in the Electronics sector - Liu Jie from Tianfeng Securities in the Banking sector - Lin Chengwei from Zheshang Securities in Macroeconomic Research - Dai Yongbo from Huafu Securities in Robotics and High-end Manufacturing [1]

Group 1 - The core viewpoint of the report is that the company maintains a "buy" rating for Inspur Digital Enterprise (00596) with a target price of HKD 13.25, highlighting its plan to raise approximately HKD 4.9 billion through a share placement to enhance R&D in AI and other fields [1] - The company has entered into a placement agreement to issue up to 68 million shares at a price of HKD 7.30 per share, with expected net proceeds of approximately HKD 4.90 billion, allocating about 70% for AI, cloud, and industrial software R&D and 30% for general working capital [1] - The company plans to change its registered office from the Cayman Islands to Hong Kong to simplify compliance and boost investor confidence, which is expected to enhance its market position in Hong Kong [2] Group 2 - The "Inspur Haiyue" large model has been recognized officially and is seen as a significant contributor to the intelligent transformation of state-owned enterprises, demonstrating the company's capabilities in supporting high-quality development and national strategic implementation [3] - The Haiyue model integrates enterprise knowledge bases and best practices, providing a framework for intelligent agent development, visual development configuration, and intelligent dialogue platforms, indicating a broad development space in the field of enterprise service intelligence [3]

Group 1 - The core viewpoint of the report is that the company maintains a "buy" rating for Inspur Digital Enterprise (00596) with a target price of HKD 13.25, highlighting its plan to raise approximately HKD 4.9 billion through a share placement to enhance R&D in AI and other fields [1] - The company has entered into a placement agreement to issue up to 68 million shares at a price of HKD 7.30 per share, expecting net proceeds of approximately HKD 4.90 billion, with 70% allocated for AI, cloud, and industrial software R&D and 30% for general working capital [1] - The company plans to change its registered office from the Cayman Islands to Hong Kong to simplify compliance and boost investor confidence, which is expected to enhance its market position in Hong Kong [2] Group 2 - The "Inspur Haiyue" large model has been recognized officially and is seen as a significant contributor to the intelligent transformation of state-owned enterprises, demonstrating the company's capabilities and prospects in this area [1][3] - The Haiyue model has been included in the seventh batch of typical cases for deepening the reform of state-owned enterprises by the Shandong Provincial State-owned Assets Supervision and Administration Commission, indicating its role in promoting high-quality development and supporting national strategies [3] - The model integrates enterprise knowledge bases and best practices, providing capabilities such as intelligent agent R&D frameworks and visual development configurations, indicating a broad development space in the field of enterprise service intelligence [3]