Core Viewpoint - The home appliance industry is witnessing a rare trend of collaboration among major air conditioning companies to promote a self-regulatory convention regarding the use of aluminum in air conditioning systems, while Gree, a leading player, has not joined this initiative [2][4][14]. Industry Collaboration - Major brands such as Midea, Haier, and others have announced a self-regulatory convention to prohibit malicious attacks and promote the characteristics of aluminum heat exchanger air conditioners [2]. - Gree, traditionally a leader in the industry, has publicly stated it does not have plans to adopt aluminum in place of copper, citing concerns over aluminum's technical capabilities [2][11]. Market Reactions - Gree's stock price has risen despite the industry's shift towards aluminum, while the stocks of companies that joined the convention have shown volatility, indicating challenges in the widespread adoption of aluminum [5]. - The rising copper prices have led to increased costs for air conditioning manufacturers, prompting discussions about the potential benefits of switching to aluminum [6][10]. Cost Analysis - The cost of copper is significantly higher than aluminum, with copper prices reaching approximately 93,500 yuan per ton compared to aluminum at around 21,862.5 yuan per ton [7]. - The use of copper in air conditioning units accounts for about 26% to 33% of the total cost, with high-end models using up to 40% [9]. - If aluminum were to replace copper, Midea could save approximately 23.2 billion yuan, Gree 17.3 billion yuan, and Haier 12.4 billion yuan in costs [10]. Technical Considerations - Gree has expressed concerns about aluminum's durability and reliability, stating that aluminum components may have a shorter lifespan compared to copper, which could conflict with their commitment to a ten-year warranty [11][12]. - The industry consensus suggests that while aluminum can be used in non-pressurized components, it is not suitable for critical parts of the cooling system due to issues like corrosion and welding difficulties [11][12]. Consumer Perception - A significant portion of consumers (68%) prioritize whether an air conditioner is made of copper when making purchasing decisions, indicating that Gree's commitment to copper may enhance its brand perception [15]. - The push for aluminum in the industry is partly driven by government strategies to promote resource efficiency, but consumer trust in aluminum's performance remains a concern [14][16].

Summary of Key Points from Conference Call Records Industry Overview - The conference call discusses the **large consumption sector**, highlighting the emergence of new consumer demands that drive growth in the sector through new products (personalized, green, low-carbon), new channels (snack chains, discount formats), and new business models (diverse consumption scenarios) supported by the "14th Five-Year Plan" [1][2]. Core Insights and Arguments - **Traditional Consumption Recovery**: The traditional consumption sector is expected to recover by 2026, driven by the release of residents' purchasing power and policy measures aimed at boosting employment and income stability. The food and beverage industry is stabilizing, with the liquor sector showing signs of fundamental stability and dairy products expected to recover quickly [1][5]. - **Commodity Market Trends**: The commodity market has shown a trend of high followed by low prices, with the government implementing various promotional policies to stimulate service consumption and domestic demand. The Ministry of Commerce has issued opinions to expand service consumption, aiming to enhance residents' quality of life and stimulate domestic demand potential [1][6][7]. - **Emerging Consumer Demands**: New consumer demands are impacting the large consumption sector through three main directions: the development of new products that meet diverse and personalized needs, the optimization of new channel structures, and the promotion of new business models that foster diverse consumption scenarios [2][4]. Important but Overlooked Content - **Social Services Sector Changes**: The social services sector is evolving to meet changing consumer demands, with slight increases in beauty care and retail sectors. Key areas of investment include outdoor sports, gold and jewelry, and cultural and trendy IPs, with recommendations for companies like Anta Sports and Lao Pu Gold [8][22]. - **Tourism Market Trends**: The tourism market is gradually recovering, with leading companies like Ctrip and Huazhu Group adapting through technological innovation and marketing to meet the new demands of both young and elderly consumers. China Duty Free's Hainan business has benefited significantly from new duty-free policies [9][10]. - **Food and Beverage Sector Stability**: The food and beverage sector is stabilizing, with the liquor market facing challenges but showing resilience in mass consumption. The snack sector is experiencing performance differentiation, while dairy product demand is steady and supply is gradually clearing [12][17]. - **Investment Opportunities in Agriculture**: The agriculture, forestry, animal husbandry, and fishery sectors present investment opportunities, particularly in pig farming and the pet industry, which is growing due to demographic changes and emotional needs [3][13][19]. - **Household Appliance Sector**: The household appliance industry is seeking structural highlights amid steady growth, with a focus on high-dividend white goods and improving profit margins in black goods. The market for robotic vacuum cleaners is also expected to grow due to technological advancements [20][21]. This summary encapsulates the key points discussed in the conference call, providing insights into the large consumption sector and its various components, along with potential investment opportunities and market trends.

为贯彻落实中共佛山市委十三届十一次全会关于"全面推进更高水平对内对外开放，完善企业'走出去'服务和保障体系，支持企业有序出海、全球布局"的部 署要求，12月17日下午，"佛山优品 链动全球"——2025年佛山制造与跨国民企供需对接会举行，推动近20家跨国民企与100多家优质供应商通过资源精准对 接，促成多项意向合作。大会同步举行佛山企业出海综合服务中心揭牌仪式，为首批11个综合服务站授牌，并见证佛山市商务局与香港贸易发展局签约。 本次活动吸引了20家跨国民企与100多家优质供应商交流对接，现场氛围火热。 廖明璨 摄 这是佛山构建全方位、多层次、专业化企业出海服务支持体系，推动"佛山优品"抱团出海的创新举措。标志着"1+1+N"佛山企业出海综合服务体系正式启 动。在粤港澳大湾区建设深入推进背景下，佛企出海更添香港"超级联系人""超级增值人"的强劲动力。 本次活动是在广东省商务厅指导下，由佛山市商务局主办，南方日报佛山新闻部承办。紧扣"佛山优品"从产品出海到品牌出海新趋势，统筹推进服务资源优 质供给和高效匹配，在重点地区重点国别建立佛山企业出海综合服务站，助力更多"佛山优品"走向世界，更多全球资源落地佛山，为培育 ...

中新网广州12月17日电 (记者 程景伟)广东省人民政府新闻办公室17日在广州举行"'十四五'广东成就"佛 山专场新闻发布会，佛山市委常委、常务副市长刘杰在会上称，如今，佛山已建成全国最大的工业机器 人生产基地，机器人等四大产业集群入围全国中小企业特色产业集群。 作为国家制造业转型升级综合改革试点城市，佛山坚守"制造业当家"之本，加快产业科技互促双 强，"三箭齐发"推动传统产业"发新枝"、新兴产业"结硕果"、未来产业"育新苗"。目前，该市千亿级产 业集群共有10个，规上工业企业突破1万家。 据刘杰介绍，佛山鼓励重点科研平台紧贴产业需求开展研发，让技术更快地走向生产线、走向市场，这 在机器人领域表现尤为突出。该市产业基础好、应用场景多，近年来主攻工业机器人赛道，支持蓝橙实 验室建设重载机器人全国重点实验室，积极抢占产业技术制高点，实现了从"跟跑"到"并跑"甚至部 分"领跑"的转变。 "最近人形具身机器人很火热，佛山在人形具身机器人所需要的减速机、伺服系统等某些零部件方面， 在全国、全省也是领跑、领先。"刘杰表示，目前，佛山不仅有美的库卡、华数机器人等龙头企业引 领，还有3000多家中小机器人企业配套，形成了从核 ...

Market Performance - The white goods sector increased by 0.76% on December 17, with Aucma leading the gains [1] - The Shanghai Composite Index closed at 3870.28, up 1.19%, while the Shenzhen Component Index closed at 13224.51, up 2.4% [1] Individual Stock Performance - Aucma (600336) closed at 9.55, up 8.65% with a trading volume of 796,600 shares and a turnover of 73 million [1] - Other notable performers include: - Deep Blue Technology (000016) at 5.22, up 1.56% [1] - Haier Smart Home (600690) at 27.49, up 1.10% [1] - Midea Group (000333) at 80.47, up 0.64% [1] - Gree Electric (000651) at 41.10, up 0.61% [1] Capital Flow Analysis - The white goods sector saw a net inflow of 13.31 million from institutional investors, while retail investors contributed a net inflow of 16.23 million [1] - Notably, Gree Electric experienced a net outflow of 117 million from institutional investors [2] - Aucma also faced a net outflow of 30.4 million from retail investors [2] Summary of Capital Flows by Company - Gree Electric (000651): Institutional net inflow of 117 million, retail net outflow of 65.16 million [2] - Aucma (600336): Institutional net inflow of 50.08 million, retail net outflow of 19.68 million [2] - Deep Blue Technology (000016): Institutional net inflow of 14.95 million, retail net outflow of 5.09 million [2]

从美的集团方面获悉，美的医疗近日正式发布具备国产自主知识产权的"医学影像多模态智能诊断大模 型"。该模型目前可一次性自动检测出包括肺结核、肺炎、气胸、骨折等在内的常见胸部疾病，并生成 诊断报告。美的医疗旗下万里云研发团队还创新推出了可同时满足设备端与云端灵活部署的"双量级"模 型，增强了临床应用的适应性。当前模型主要应用于胸部DR诊断，并计划于2026年迭代拓展至骨科DR 领域，未来将逐步延伸至CT、MRI等多模态影像场景。 ...

沪深300ESGETF南方（560180）业绩比较基准为沪深300ESG基准指数收益率，管理人为南方基金管理 股份有限公司，基金经理为李佳亮，成立（2023-04-13）以来回报为13.96%，近一个月回报为-3.28%。 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。 来源：新浪基金∞工作室 12月17日，截止午间收盘，沪深300ESGETF南方（560180）涨0.44%，报1.146元，成交额448.28万元。 沪深300ESGETF南方（560180）重仓股方面，宁德时代截止午盘跌0.27%，贵州茅台涨0.43%，招商银 行跌0.98%，中际旭创涨3.52%，长江电力跌0.29%，美的集团涨0.36%，比亚迪跌0.30%，兴业银行跌 0.73%，工商银行涨0.51%，恒瑞医药涨0.83%。 ...

同时，为进一步整合产业创新资源，广东联通携手广东省人工智能产业协会、粤港澳大湾区国家技术创 新中心、华为、中兴等20家等单位，共同发起成立"广东省人工智能+制造产业联盟"，聚力攻克共性技 术难题、促进资源协同与成果转化，支撑广东制造业向新质生产力跃升。广东联通还与华为、TCL、美 的、广药、博敏电子、广东九联共六家生态伙伴签署了"格物工业互联网平台&万悟工业智能体矩阵"共 创协议，加速技术成果向产业实践的转化。 图为发布仪式现场。 （视觉中国供图） 中化新网讯 12月12日~14日，2025粤港澳大湾区人工智能与机器人产业大会暨广东省人工智能与机器人 技能大赛（以下简称XAIR大会）在广州越秀国际会议中心举办。会上发布了一系列人工智能（AI）与 制造业深度融合的最新成果。 大会展示了"国家人工智能中试基地"的建设成果。该基地是全国唯一聚焦移动终端方向、唯一由深圳与 东莞双城共建的国家级中试平台，由中国联通承建。基地围绕"终端创新"与"制造提效"，构建算力、数 据、模型、应用、安全五大能力底座，建设国产芯片、开源鸿蒙、应用开发、智能体及中试验证五大中 心，致力于打通从技术研发到产业落地的关键路径。 论坛上，广东 ...

近日，由南方财经全媒体集团指导，21世纪经济报道和渣打银行联合主办，由广东省机器人协会支持的"粤港澳大湾区新经济发展论坛暨21世 纪科技年会"在广州南方财经大厦举行。作为"南方财经论坛2025年会"的重要专题会议之一，本届科技年会以"创新无界智见未来"为主题。 正值人工智能（AI）从技术爆发向产业应用深水区迈进的关键节点，在大会中的数场主题演讲与深度对话中，包括美的集团、AMD、Unity中 国、云从科技、哈啰、鹏鼎控股等在内的企业高管，共同勾勒出了一幅AI下沉的产业全景图。其中，如何解决高昂的算力成本、如何构建具 有行业理解力的垂直模型，以及如何让具身智能真正落地赋能实体产业，成为贯穿全场的核心议题。 打破算力门槛 长期以来，AI主要依托云端算力存在。目前，大模型能力已不再局限于云端数据中心，而是加速向终端设备下沉。作为时下大热的AI算力方 代表，AMD大中华区市场营销副总裁纪朝晖提出，AI从宏大愿景落地到具体应用，硬件是无法绕过的门槛。 纪朝晖分析称，一个成熟的AI智能体在端侧往往需要承载千亿级参数的大模型，同时还需容纳海量个性化知识库、长文本上下文以及运行数 十个并行智能体等。"如果把这些需求叠加，至少 ...

对本次抽查发现的不合格产品销售者，山东省市场监督管理局已责成相关市场监督管理部门依据《中华人民共和国产品质量法》《产品质量监督抽查管理暂 行办法》以及国家市场监督管理总局、山东省市场监督管理局关于监督抽查的有关规定，做好不合格结果处理工作。 2025年家用电动洗衣机产品质量省级监督抽查不合格情况汇总表 | 抽 | 序 | 产品名 | 抽查 | 标称生产企 | 生产日期 | 查 | 不合格 | 企业名称 | 统一社会信用代码 | 规格型号 | 商标 | 承检单位 | 认证机构 | 备注 | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | 称 | 环节 | 业名称 | 或批号 | 结 | 项目 | 果 | | | | | | | | ...