Investment Rating - The report indicates a positive outlook for the AI+Pharma and AI+Healthcare sectors, suggesting a shift towards data and algorithm-driven drug development and clinical applications [3][6]. Core Insights - The collaboration between NVIDIA and Eli Lilly to establish the first AI+Pharma joint innovation lab signifies a major step in integrating AI into drug R&D, with a planned investment of up to 1 billion USD over five years [3][6]. - Tempus AI's preliminary revenue for 2025 reached approximately 1.27 billion USD, reflecting an 83% year-over-year growth, validating the commercial viability of AI in clinical testing and medical data [3][6]. - The industry is currently experiencing a phase characterized by technological breakthroughs, active funding, and accelerated application of AI in pharmaceuticals and healthcare [3][6]. Summary by Sections AI+Pharma - The establishment of the AI+Pharma lab aims to address key challenges in drug development, combining expertise from both NVIDIA and Eli Lilly [3][6]. - The partnership is expected to elevate AI's role from a mere tool to a core productivity driver in drug R&D, transitioning the industry from experience-driven to data-driven methodologies [3][6]. AI+Healthcare - Tempus AI reported a diagnostic revenue of approximately 955 million USD, up 111% year-over-year, driven by significant growth in oncology and genetic testing [3][6]. - The data and application segment generated about 316 million USD, marking a 31% increase, with data licensing (Insights) growing by 38% [3][6]. Industry Trends - The report highlights a favorable environment for AI in pharmaceuticals, supported by technological advancements, policy backing, and a vibrant investment landscape [3][6]. - The launch of OpenAI's ChatGPT Health and the significant user engagement indicate a growing interest and application of AI technologies in healthcare [3][6]. - Relevant investment targets in AI drug discovery and healthcare applications include companies like XtalPi, Insilico Medicine, and Meinian Onehealth [3][6].

科创医药ETF（588860）成立日期2024年8月8日，最新规模2.06亿。今年以来收益9.96%，同类排名 1057/5531；近一年收益42.75%，同类排名1798/4215；成立以来收益52.78%。 科创医药ETF（588860）基金经理为史宝珖。 截至发稿，史宝珖累计任职时间4年48天，现任基金资产总规模38.16亿元，任职期间最佳基金回报 96.85%， 任职期间最差基金回报-31.39%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 1月16日，华大智造跌5.12%，截至发稿，报68.32元/股，成交2.74亿元，换手率0.95%，总市值284.56亿 元。华大智造股价已经连续3天下跌，区间累计跌幅8.59%。 资料显示，深圳华大智造科技股份有限公司位于广东省深圳市盐田区北山工业区综合楼及11栋2楼，成 立日期2016年4月13日，上市日期2022年9月9日，公司主营业务涉及专注于生命科学与生物技术领域,以 仪器设备、试剂耗材等相 ...

Investment Rating - The report maintains an "Overweight" rating for the medical device industry [5]. Core Insights - The medical device industry in China has a prominent supply chain advantage, with overseas markets expected to maintain rapid growth. The brain-computer interface (BCI) sector is at a critical turning point, likely to see demand release. AI medical applications are gradually becoming operational, poised to reshape the health market [3]. Summary by Relevant Sections Investment Recommendations - For the overseas medical device sector, recommended stocks include: United Imaging Healthcare, Nanwei Medical, Microelectronic Physiology, Guichuang Tongqiao, Yuyue Medical, and New Industry. Stocks to watch include: Jingfeng Medical, MicroPort Scientific, and Chuangli Medical [5]. - In the brain-computer interface sector, recommended stocks are: Lepu Medical, Weisi Medical. Stocks to watch include: Meihao Medical, Xiangyu Medical, Mcland, Xinwei Medical, Aipeng Medical, Chengyitong, Chuangxin Medical, and Botuo Bio [5]. - For the AI + device sector, recommended stocks are: Yuyue Medical, BGI Genomics, KingMed Diagnostics, and United Imaging Healthcare. Stocks to watch include: Dian Diagnostics [5]. Overseas Market Growth - The supply chain advantage of domestic medical devices is significant, with exports expected to grow rapidly. In the first three quarters of 2025, United Imaging Healthcare's overseas revenue increased by 41.97% year-on-year, becoming a crucial growth driver for the company. The company continues to expand its market share in key regions due to superior product performance and localized service capabilities. By December 2025, MicroPort Scientific's global cumulative order volume exceeded 160 units, with core products in endoscopy, orthopedics, and vascular intervention surpassing 230 units in total orders. In 2025, Jingfeng Medical achieved a breakthrough in multiple key global markets, leading to explosive growth in overseas orders [5]. Brain-Computer Interface Market - The brain-computer interface market is at a pivotal turning point, with anticipated demand release. China's "14th Five-Year Plan" explicitly suggests a forward-looking layout for future industries, promoting BCI as a new economic growth point. In December 2025, Elon Musk announced that Neuralink would begin large-scale production of BCI devices in 2026, transitioning to a more streamlined and nearly fully automated surgical process. In January 2026, China's BCI company Strong Brain Technology announced it had completed a new round of financing of approximately 2 billion yuan, setting a record for the second-largest single financing in the field globally, following Neuralink. The funds will be used to accelerate core technology research and development, extreme engineering breakthroughs, and product scaling and mass production [5]. AI Medical Applications - AI medical applications are gradually becoming operational, with the potential to reshape the health market. In June 2025, Ant Group launched the AI Health Manager AQ, which was officially upgraded to "Antifufu" in December 2025. By January 2026, the "Antifufu" app had over 30 million monthly active users, with daily inquiries exceeding 10 million, 55% of which came from third-tier cities and below. In January 2026, Tempus AI reported preliminary revenue of approximately 1.27 billion USD for 2025, representing an 83% year-on-year increase, exceeding initial expectations. OpenAI announced the acquisition of the healthcare tech startup Torch to expand into the healthcare sector, while Google launched the next-generation open-source medical AI model MedGemma1.5 and released the open-source medical speech-to-text model MedASR [5].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 责任编辑：宋雅芳 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 近日，中邮证券发布研究报告，维持对"AI+医疗"行业"强于大市"的评级，认为该行业在政策与产业共 振下正迎来加速发展。华大智造、华大基因、晶泰控股、英矽智能、联影智能、鹰瞳科技等多家行业内 企业获关注。 近日，中邮证券发布研究报告，维持对"AI+医疗"行业"强于大市"的评级，认为该行业在政策与产业共 振下正迎来加速发展。华大智造、华大基因、晶泰控股、英矽智能、联影智能、鹰瞳科技等多家行业内 企业获关注。 研报指出，全球AI医疗市场预计将从2022年的137亿美元迅猛增长至2030年的1553亿美元。政策层面， 国家多部门联合推动"人工智能+制造"，重点鼓励AI在高端医疗装备等场景的应用，为行业注入强心 剂。同时，海外领先企业如TempusAI业绩高增、英伟达与礼来巨额投资共建AI实验室等动向，也强化 了全球产业高景气度的预期。 报告分析，AI技术已在制药、辅助诊断、影像手术及医疗服务等多个医疗细分领域步入成熟。在辅助 诊断方向，具备高质量数据与技 ...

Core Viewpoint - BGI Genomics (688114) has announced that its self-developed pathological slide staining scanner PMIF-20 has passed medical device registration tests, marking a significant step in clinical application and enhancing the integration of pathology analysis with artificial intelligence [1] Group 1: Product Development and Market Impact - The PMIF-20 is an efficient fully automated staining imaging platform that provides comprehensive and accurate spatial proteomics data for tumor immune microenvironment research, showcasing its value in AI pathology analysis and scientific exploration [2] - The PMIF-20 integrates FluoXpert multi-immune fluorescence (mIF) technology, focusing on automating the staining and scanning of tissue slices, maintaining consistent performance with the FluoXpert multi-omics analyzer set to launch in 2024 [3] - BGI Genomics has developed core algorithms for deep learning cell segmentation, multi-round image registration, signal deconvolution, and background fluorescence removal, forming a complete AI analysis system for multi-fluorescence stained images of pathological slices [3] Group 2: Industry Trends and Competitive Position - The AI healthcare sector is experiencing a surge, with significant developments such as OpenAI's ChatGPT Health feature and Ant Group's Alipay reaching over 30 million monthly active users, raising market expectations for the integration of AI and life sciences [1] - BGI Genomics is the only company globally that covers three sequencing technology paths and has evolved into a comprehensive multi-omics tool provider that fully integrates AI technology into life science tools [4] - Recent regulatory approvals for AI-assisted diagnostic tools, such as the cervical cell digital pathology image diagnostic software by Dian Diagnostics, indicate a new phase of large-scale application in pathology AI diagnostics, supported by favorable policies [4]

Core Viewpoint - 华大智造's stock has seen significant growth, driven by its inclusion in the 中证A500 index and the booming AI healthcare sector, positioning the company as a leader in gene sequencing technology and attracting institutional investment [1][2]. Group 1: Stock Performance - On January 13, 华大智造's stock rose over 5%, reaching a high of 82.88 yuan, the highest since May of the previous year [1]. - Since the beginning of 2026, the stock has accumulated a rise of over 36% in just 10 days [1]. Group 2: Market Position and Technology - 华大智造 is recognized as the leading domestic gene sequencing company, being the only enterprise globally that covers three sequencing technology paths, indicating significant technological scarcity [1]. - The company has launched the MGISEQ-2000RS FluoXpert, the first Chinese device integrating AI into the entire process, which combines pathological slide imaging and gene sequencing [2]. - The FluoXpert platform's core analysis solution, FluoXpert Vision, features an AI Assistant module that integrates the DeepSeek model for intelligent analysis and code generation [2]. Group 3: Strategic Collaborations and Market Trends - 华大智造 is involved in the brain-computer interface field with its Stereo-seq technology, providing high-resolution navigation for implanted devices and collaborating with top institutions on national scientific plans [2]. - The global trend in innovative drug and device development is leading to a revaluation of medical data holders, with the "CDO" model showing promising market prospects [2]. - Major companies in the sector have achieved millions in data-related revenue, with expectations for this to expand to billions this year, indicating rapid growth in data transaction scales [2].

Group 1 - The core viewpoint of the news highlights the significant stock price increase of BGI Genomics, which rose over 5% on January 13, reaching a new high since May 2022, and has accumulated over 36% increase in the first 10 days of 2026 [1] - BGI Genomics was officially included in the CSI A500 index on January 9, 2026, providing clear financial support for the stock price increase and is expected to attract long-term institutional funds, enhancing its brand effect in the capital market [1] - The AI healthcare sector has seen explosive growth in 2026, with OpenAI launching ChatGPT Health and Ant Group's monthly active users surpassing 30 million, significantly raising market expectations for the integration of "AI + life sciences" [1] Group 2 - In 2024, BGI Genomics launched the MGISEQ-2000RS FluoXpert, the first Chinese device integrating AI into the entire process, combining pathological slide imaging and gene sequencing, providing high-precision tools for tumor microenvironment research [2] - The FluoXpert platform's core analysis solution, FluoXpert Vision, introduced an AI Assistant module that integrates the DeepSeek model for intelligent analysis, code writing, and graphical compilation [2] - BGI Genomics is also involved in the brain-computer interface field with its Stereo-seq technology, which offers centimeter-level panoramic views and nanometer-level resolution navigation, participating in national scientific plans and collaborating with top institutions [2] - The global trend in innovative drug and device development is leading to a revaluation of medical data holders, with the "CDO" model showing promising market prospects, and BGI Genomics is expected to benefit from the anticipated growth in data transaction scale and high profit margins [2]

长城消费增值混合A（200006）成立日期2006年4月6日，最新规模5.16亿。今年以来收益22.7%，同类 排名65/8836；近一年收益49.42%，同类排名2496/8091；成立以来收益318.65%。 1月13日，华大智造涨5.08%，截至发稿，报82.78元/股，成交3.97亿元，换手率1.19%，总市值344.79亿 元。华大智造股价已经连续3天上涨，区间累计涨幅15.85%。 资料显示，深圳华大智造科技股份有限公司位于广东省深圳市盐田区北山工业区综合楼及11栋2楼，成 立日期2016年4月13日，上市日期2022年9月9日，公司主营业务涉及专注于生命科学与生物技术领域,以 仪器设备、试剂耗材等相关产品的研发、生产和销售。主营业务收入构成为：销售仪器设备、试剂及耗 材90.89%，提供服务7.10%，其他(补充)2.01%。 从基金十大重仓股角度 数据显示，长城基金旗下1只基金重仓华大智造。长城消费增值混合A（200006）三季度减持30万股， 持有股数93.2万股，占基金净值比例为7.65%，位居第四大重仓股。根据测算，今日浮盈赚取约372.8万 元。连续3天上涨期间浮盈赚取1004.69万 ...

Group 1 - The AI healthcare sector has shown strong performance recently, driven by OpenAI's launch of ChatGPT Health and Ant Group's monthly active users surpassing 30 million, leading to a rally across the sector [1] - BGI Genomics (688114.SH), a leader in the upstream life sciences sector, has gained significant attention from the capital market, with a daily increase of 10.21% and a weekly increase of 23.4% as of last Friday's close [1] - BGI Genomics is leading in the "AI + gene sequencing" layout within the AI healthcare field, continuously upgrading its laboratory intelligent automation (GLI) business and accelerating the development of AI-driven software tools [1] Group 2 - According to a report by Grand View Research, the global AI healthcare market is projected to reach approximately $26.65 billion in 2024 and is expected to soar to about $505.59 billion by 2033, with a compound annual growth rate (CAGR) of 38.8% during this period [2] - BGI Genomics is expected to leverage its full industry chain layout to continuously release growth potential in the trillion-dollar AI healthcare sector, especially after being officially included in the CSI A500 Index on January 6 [2]

在AI医疗领域，华大智造"AI+基因测序"布局领先。近年华大智造持续推进实验室智能自动化 (GLI) 业 务升级，通过人工智能技术全面重构其实验室自动化业务，加速 AI 驱动软件工具开发，为智能生态提 供底层支撑。在脑机接口方面，其Stereo-seq时空组学技术，能为植入式脑机接口提供厘米级全景视场 与纳米级分辨率的导航支撑。目前，公司已与上海脑科学与类脑研究中心等顶级机构合作，深度参 与"全脑介观神经联接图谱"大科学计划。 根据Grand View Research报告显示，2024年全球AI医疗市场规模约为266.5亿美元，预计到 2033年将飙 升至约5055.9亿美元，期间年复合增长率达38.8%。叠加1月6日华大智造被正式调入中证A500指数的利 好，公司在AI医疗万亿赛道中，有望凭借全产业链布局持续释放增长潜力。 智通财经APP观察到，AI医疗赛道近期表现强势，OpenAI推出ChatGPT Health功能、蚂蚁阿福月活破 3000万，带动板块全线走强。作为生命科学上游龙头，华大智造(688114.SH)集智能医疗、机器人、脑 机接口、合成生物等多重热点于一身，成为资本市场高度关注的核心标的。 ...