每经AI快讯，1月28日，铂力特(688333.SH)公告称，铂力特预计2025年归属于上市公司股东的净利润约 2.09亿元，较上年同期增加1.05亿元，同比增加约100.96%。业绩增长主要系公司深耕航空航天并拓展 民用市场，民品领域3D打印定制化产品收入大幅增长，叠加股份支付费用同比大幅下降。 ...

铂力特公告，预计2025年年度实现归属于母公司所有者的净利润约2.09亿元，较上年同期相比，将增加 1.05亿元，同比增加约100.96%。本期业绩预增主要系公司深耕航空航天，持续拓展新的应用领域，进 一步加大在民用市场的开发力度，民品领域3D打印定制化产品收入有较大突破，带动公司收入整体稳 步提升；股份支付费用同比大幅下降，公司整体业绩较上年实现大幅增长。 ...

本期业绩预增主要系公司深耕航空航天，持续拓展新的应用领域，进一步加大在民用市场的开发力度， 民品领域3D打印定制化产品收入有较大突破，带动公司收入整体稳步提升；股份支付费用同比大幅下 降，公司整体业绩较上年实现大幅增长。 格隆汇1月28日丨铂力特（维权）(688333.SH)公布，经财务部门初步测算，公司预计2025年年度营业收 入约18.63亿元，较上年同期相比，将增加5.37亿元，同比增加约40.50%。预计2025年年度实现归属于 母公司所有者的净利润约2.09亿元，较上年同期相比，将增加1.05亿元，同比增加约100.96%。预计 2025年年度实现归属于母公司所有者的扣除非经常性损益的净利润为1.49亿元，较上年同期相比，将增 加1.13亿元，同比增加约313.89%。 ...

南财智讯1月28日电，铂力特公告，预计2025年全年归属于上市公司股东的净利润约为2.09亿元，同比 预增约100.96%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为1.49亿元，同比 预增约313.89%；主要变动原因为：本期业绩预增主要系公司深耕航空航天，持续拓展新的应用领域， 进一步加大在民用市场的开发力度，民品领域3D打印定制化产品收入有较大突破，带动公司收入整体 稳步提升；股份支付费用同比大幅下降，公司整体业绩较上年实现大幅增长。 ...

格隆汇1月28日｜有投资者在互动平台向铂力特（维权）提问：请问公司商业航天收入、航天收入占比 公司总收入的比例到底是多少？是否开展了商业航天相关业务？请公司公开公正公平的披露相关信息， 切实提高披露水平。 铂力特回复称，铂力特已助力蓝箭航天、东方空间、九州云箭、星际荣耀、星众空间、天回航天等多个 商业航天客户完成发射、飞行任务，公司将持续研判商业航天客户需求，在优化设计、技术及研发支 持，设备能力及稳定性，产品交付质量、周期和最终成本等方面，不断强化市场竞争力，不断加大与商 业航天用户的合作。针对近期相关报道，欢迎通过我司官方渠道了解真实信息。 ...

华泰紫金中证1000指数增强发起A（018062）成立日期2023年6月8日，最新规模1555.21万。今年以来收 益12.04%，同类排名1195/5549；近一年收益52.25%，同类排名1369/4285；成立以来收益53.88%。 华泰紫金中证1000指数增强发起A（018062）基金经理为毛甜。 截至发稿，毛甜累计任职时间8年50天，现任基金资产总规模5.34亿元，任职期间最佳基金回报 137.86%， 任职期间最差基金回报-34.21%。 1月28日，铂力特跌5.01%，截至发稿，报112.56元/股，成交8.68亿元，换手率2.73%，总市值308.78亿 元。 资料显示，西安铂力特增材技术股份有限公司位于陕西省西安市高新区上林苑七路1000号，成立日期 2011年7月6日，上市日期2019年7月22日，公司主营业务涉及提供金属增材制造(3D打印)与再制造技术 全套解决方案。主营业务收入构成为：3D打印定制化产品及技术服务63.33%，3D打印设备、配件及技 术服务27.89%，3D打印原材料8.78%。 从基金十大重仓股角度 数据显示，华泰资管旗下1只基金重仓铂力特。华泰紫金中证1000指数增 ...

Summary of 3D Printing and Commercial Aerospace Applications Industry Overview - 3D printing technology is characterized by high material utilization, especially in small batch complex scenarios, but still faces limitations in processing precision and large-scale production capabilities, indicating it is in an early development stage [1][3] - Mainstream 3D printing technologies include Selective Laser Melting (SOM) and Directed Energy Deposition (DED), with SOM suitable for high-precision small parts and DED for larger products, widely applied in the commercial aerospace sector [1][5] Key Market Insights - The 3D printing materials market is composed of 60% non-metal and 40% metal materials, with titanium alloys being the primary metal (20%) and nylon and ABS as common non-metal materials [1][6] - The largest downstream application for 3D printing is aerospace (17%), followed by dental and medical (16%) and automotive (15%), with industrial applications still dominating but consumer-grade sectors growing rapidly [1][7] Market Size and Growth - The domestic 3D printing market is projected to reach approximately 36.7 billion RMB by 2024, with a significant portion (around 50%) attributed to equipment [1][9] - The global installed capacity is highest in the US (33%), while China accounts for only about 10% [2][9] Competitive Landscape - Major companies in the 3D printing equipment market include EOS, GE, and domestic players like PlasTech and Huashu Gaoke, with market shares of 6.6% and 5% respectively [2][9] - Domestic companies such as South Arrow Aerospace and Oriental Space are beginning to adopt 3D printing technology, but penetration rates remain low (30%-60%) [4][12] Technological Advancements - Commercial aerospace significantly drives the 3D printing industry due to its complex and customized demands, which promote the development of additive manufacturing technologies [4][10] - 3D printing in aerospace applications, such as rocket engines, shows a penetration rate of over 70% in SpaceX's Falcon series, indicating substantial potential for growth in domestic companies [11][12] Future Trends - The potential adoption of DED technology for larger structural components in commercial aerospace is anticipated, which could provide new growth opportunities for companies like PlasTech [14] - The outlook for core component suppliers in the commercial aerospace sector is positive, with domestic companies gradually entering the market and expected to play significant roles as demand grows [15]

Core Insights - The report emphasizes the ongoing prosperity in the commercial aerospace and military sectors, highlighting opportunities in overseas markets and the importance of technological advancements in the industry [2][3] Group 1: Industry Overview - The commercial aerospace sector is experiencing upward momentum, driven by SpaceX's advancements in reusable rocket technology, which could reduce space access costs by 100 times [13] - The military aviation sector is expected to benefit from increased demand for large aircraft and military trade, with significant growth anticipated in 2026 [14] - The report identifies a focus on supply chain reforms and the integration of AI technologies as key trends shaping the future of the defense and aerospace industries [15] Group 2: Investment Recommendations - The report recommends companies that align with the "S-curve" evolution, focusing on supply chain reforms and automation, including firms like航发动力 (Aero Engine Corporation) and 中航沈飞 (AVIC Shenyang Aircraft Corporation) [15] - Companies positioned for expansion in military trade and civil aviation, such as 国睿科技 (Guorui Technology) and 中国动力 (China Power), are highlighted for their growth potential [15] - Emerging industries like commercial aerospace, AI, and quantum computing are also recommended, with firms like 睿创微纳 (Ruichuang Micro-Nano) and 菲利华 (Feilihua) noted for their innovative capabilities [15] Group 3: Company Valuations and Financial Analysis - 航发动力 (Aero Engine Corporation) is projected to have a 2025E EPS of 0.22 CNY, with a PE ratio of 216.82 for 2025 [6] - 中航高科 (AVIC High-tech) is expected to achieve a 2025E EPS of 0.90 CNY, with a PE ratio of 29.16 for 2025 [6] - The report provides detailed financial metrics for various companies, indicating growth in EPS and improvements in PE ratios across the sector, reflecting a positive outlook for the defense and aerospace industries [6]

Investment Rating - The industry investment rating is "Overweight" [7] Core Insights - 3D printing in the commercial aerospace sector significantly aids in cost reduction and efficiency improvement, with traditional rocket engines requiring thousands of parts, while 3D printing can reduce parts by 80% and costs by 90%, compressing production cycles from 6 months to 1 month [2][4] - The domestic 3D printing equipment has achieved industrial-grade application capabilities, with SLM metal printing precision surpassing 0.01 mm, meeting the manufacturing requirements for precision components like rocket engines [3] - The performance improvements and product iterations have led to a breakthrough in domestic 3D printing equipment orders, with exports reaching 3.7777 million units valued at 8.9 billion yuan in 2024, and nearly matching this figure in the first three quarters of 2025 [3] - The application of 3D printing technology in micro-nano satellite components shows significant advantages in mass production, supporting satellite industry launch plans [3][4] Summary by Sections - **Industry Overview**: 3D printing technology is becoming increasingly integrated into the commercial aerospace sector, with notable advancements in reducing component count and weight [4] - **Market Performance**: The domestic 3D printing equipment market is experiencing robust growth, with key players like Huazhu Gaoke and Plitel entering aerospace and new energy vehicle supply chains at competitive prices [3][5] - **Future Outlook**: The report anticipates strong growth for leading domestic 3D printing equipment companies as the market for medium and large reusable rockets and low-orbit satellite constellations develops [4]

Core Insights - The article highlights significant developments in the AI industry, including new product launches, funding rounds, and strategic partnerships, reflecting the rapid evolution and investment in AI technologies globally. Group 1: AI Product Developments - Baidu's Wenxin App is introducing a social feature with "multi-agent group chat" capabilities, aiming to enhance user interaction without directly competing with WeChat [8] - Anker Innovation and Feishu launched the AI hardware product "Anker AI Recording Bean," which features advanced audio recording capabilities and integrates with Feishu's AI functionalities [9] - Baidu released the official version of Wenxin Model 5.0, which supports multi-modal understanding and has 2.4 trillion parameters [17] - Baichuan Intelligence launched the M3 Plus model, which significantly reduces factual hallucinations to 2.6% [19] - Alibaba Health introduced the AI product "Hydrogen Ion," aimed at clinical and research applications with a focus on low hallucination rates [27] Group 2: AI Company Funding and Valuation - OpenEvidence, a medical AI startup, completed a $250 million Series D funding round, valuing the company at $12 billion [22] - OpenAI's CFO announced that the company's annual revenue for 2025 is projected to exceed $20 billion, a significant increase from $6 billion in 2024 [38] - ElevenLabs is negotiating new funding that could raise its valuation to $11 billion [29] - The AI startup Anthropic is seeking to raise at least $25 billion, with Sequoia Capital expected to participate [28] Group 3: AI Industry Trends and Insights - Nvidia's CEO highlighted the increasing demand for skilled tradespeople, suggesting that roles like plumbers and electricians could see six-figure salaries due to the AI-driven infrastructure boom [11] - The global AI financing events decreased by 13 compared to the previous period, with a total disclosed financing amount of 9.57 billion RMB [42] - The distribution of AI funding in China is concentrated in Guangdong and Jiangsu provinces, indicating regional investment trends [47] Group 4: AI Market Competition and Strategic Moves - Google DeepMind's CEO praised ByteDance as a leading AI company in China, suggesting they are only six months behind the cutting edge [11] - Apple plans to significantly revamp Siri into an AI chatbot, aiming to enhance its competitive position in the AI market [36] - Tesla's CEO Elon Musk is pushing for a transformation into a robotics company, with the Optimus robot as a key focus, despite production challenges [8]