Core Insights - The Beijing Grade A office market is experiencing a high vacancy rate and stagnant rental levels, indicating a deep supply-demand game that requires controlling new supply and activating corporate demand [1][4] - The second quarter of this year saw a net absorption of 32,000 square meters in Beijing's Grade A office market, marking eight consecutive quarters of absorption, with a stable vacancy rate around 20% [1][4] - The Zhongguancun area has shown remarkable performance, achieving a cumulative absorption of nearly 160,000 square meters over four consecutive quarters, the fastest rate on record [1][6] Market Overview - Beijing's Grade A office market has a total area of 13.1 million square meters, with a vacancy rate of approximately 20% as of the end of the second quarter [2][4] - Rental prices in Beijing's Grade A office market have declined to levels seen in 2011, with specific areas like Zhongguancun experiencing significant drops in rental prices [2][4] Demand Dynamics - The demand for office space is highly concentrated in areas with rising industrial capabilities, such as Zhongguancun, Lize, and Financial Street, indicating a trend of market differentiation [5][6] - The technology sector is driving demand, with Zhongguancun's key enterprises reporting a total income of 3.2 trillion yuan in the first five months of 2025, a year-on-year increase of 7.3% [6] Rental Trends - The average effective rent for Grade A offices in Beijing fell to 235.6 yuan per square meter per month, with a slight decrease of 2.9% quarter-on-quarter, the smallest decline in three quarters [4] - Despite the overall downward trend in rental prices, some high-end offices in Zhongguancun have achieved full occupancy after price reductions [6][7] Future Outlook - The market is expected to enter a dynamic balance phase, with a projected low point in new supply in 2025, which may create favorable conditions for a continued decline in vacancy rates [4][5] - The Lize Business District and Financial Street are also showing strong absorption trends, with Lize's vacancy rate dropping to 21.5% and Financial Street maintaining the lowest vacancy rate in the city at 11.7% [9]

Group 1 - Hengbang Co., Ltd. plans to establish a joint venture with Huasheng Development with a registered capital of 10 million yuan, where Hengbang will contribute 8 million yuan (80%) and Huasheng will contribute 2 million yuan (20%) [1] - Hunan Gold's subsidiary Anhua Zhazi Creek Smelting Plant will undergo temporary maintenance starting from the end of June 2025, expected to last no more than 30 days [2] - Defu Technology's subsidiary signed supply agreements for lithium battery copper foil products with two leading global companies, with contract durations of 3 years and 5 years respectively [3] Group 2 - Binjiang Group won the rights to two residential land parcels for a total price of 4.368 billion yuan [5] - Zhong'an Technology announced the resignation of its executive vice president and board secretary due to personal reasons [7] - Changqing Technology's project for special polymer materials and electronic materials has officially commenced production, adding a capacity of 120,500 tons per year [10] Group 3 - Gansu Energy received approval from the China Securities Regulatory Commission to publicly issue bonds totaling up to 2 billion yuan [10] - Shuoshi Biology obtained a medical device registration certificate for an in vitro diagnostic reagent, valid until June 2030 [12] - Yawen Co., Ltd. plans to issue shares to specific investors, with the application accepted by the Shenzhen Stock Exchange [13] Group 4 - Guoyao Modern's subsidiary received approval for the listing of a raw material drug, which is a selective anticholinergic agent [16] - Inner Mongolia First Machinery's subsidiary signed a railway freight car procurement contract worth 130 million yuan [18] - Xining Special Steel plans to raise up to 1 billion yuan through a private placement to its controlling shareholder [39] Group 5 - Huadong Medicine's subsidiary received approval for a clinical trial of a new injectable drug targeting advanced solid tumors [29] - Warner Pharmaceutical's compound potassium hydrogen phosphate injection passed the consistency evaluation for generic drugs [30] - North Special Technology plans to raise up to 300 million yuan through a private placement for a production base project in Thailand [30] Group 6 - Xiangyang Technology is the first candidate for a 533 million yuan Airbus project [45] - Haishun New Materials intends to acquire 100% of Guangdong Zhengyi Packaging [46] - Jida Zhengyuan's shareholder plans to reduce their stake by up to 0.73% due to personal financial needs [47]

注：专利权自授权公告之日起生效。专利权期限为十年，自申请日起算。 上述实用新型专利不会对公司近期生产经营产生重大影响，但有利于进一步 完善公司知识产权保护体系，充分发挥自主知识产权优势，促进技术创新，形成 持续创新机制，提升公司的综合竞争力。敬请广大投资者注意投资风险。 备查文件 关于下属公司山东华素健康护理品公司取得实用新型专利证书的公告 共 1 页 证券代码：000931 证券简称：中关村 公告编号：2025-067 北京中关村科技发展（控股）股份有限公司 关于下属公司山东华素健康护理品公司取得实用新型 专利证书的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 近日，北京中关村科技发展（控股）股份有限公司（以下简称：公司）下属 公司山东华素健康护理品有限公司取得国家知识产权局颁发的实用新型专利证 书，具体情况如下： | 实用新型名称 | 专利申请日 | | | | 授权公告日 | | | | 专利号 | 授权公告号 | 专利权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Core Insights - The Zhongguancun (Yanqing) Drone Industrial Park has officially broken ground with a total investment of 390 million yuan and a land area of 17,400 square meters, featuring a planned building area of 44,600 square meters [3][4] - The park aims to integrate resources from the Beijing Unmanned Aerial Vehicle Demonstration Zone and the Civil Unmanned Aerial Vehicle Test Zone, creating a comprehensive innovation center for drone research, manufacturing, and technology incubation [4][5] - The development of low-altitude technology is seen as a key area for promoting green and low-carbon economic transformation, with the Yanqing district benefiting from unique resources and a dedicated airspace of 374 square kilometers [5] Investment and Development - The park will consist of four main research and manufacturing buildings, designed to accommodate the heavy requirements of drone development, including a core freight passageway of up to 2.4 meters wide [3] - Two outdoor test flight areas, each measuring 26 meters by 48 meters, will be established to facilitate drone testing, reflecting the park's commitment to meeting the unique needs of the drone industry [3][4] - The park is expected to attract more upstream and downstream enterprises in the drone industry, fostering an industrial cluster effect [5] Policy and Market Context - The Chinese government is actively promoting the development of low-altitude industries, as highlighted in the recent government work report, which emphasizes the large-scale application of new technologies and products [3] - The establishment of the park aligns with national policies aimed at accelerating the development of emerging industries such as commercial aerospace and low-altitude technology, which are projected to reach a trillion-yuan market [3][5]

Group 1 - The core viewpoint emphasizes the dynamic evolution of the industrial space in Zhongguancun Science City, highlighting the shift of enterprises from the southern to northern regions and back, influenced by technological advancements and the importance of proximity to universities [1][2][3] - The report from Startup Genome ranks Beijing among the top five global entrepreneurial ecosystems, with notable activity in the Wudaokou area and Zhongguancun streets, indicating a vibrant startup environment [2] - The establishment of new research institutions and favorable tax policies in Haidian District has significantly boosted the innovation landscape, with over 1,300 AI companies, including 15 unicorns, concentrated in the area [3][4] Group 2 - The ongoing development of the northern area of Zhongguancun Science City aims to bridge the economic gap between the north and south, with plans for a large model industry development zone [3][4] - The historical context shows that despite the establishment of various industrial bases, many hardware manufacturing sectors migrated to other regions, indicating a need for strategic planning in industrial park development [4][5] - The competitive landscape among nearly 100 industrial parks in Zhongguancun Science City necessitates a focus on long-term strategies to prevent "hollowing out" of these parks, ensuring they remain attractive to businesses [7][8]

Core Insights - The discussion at the forum highlighted the rapid evolution of artificial intelligence (AI) and the emergence of vertical large models that accelerate industrial intelligence [1][2] - Beijing Zhongguancun Kejin Technology Co., Ltd. is positioned as a leading company in the vertical large model sector, having deployed over 200 large model applications across various industries [1][2] - The vertical large models are tailored to specific industry needs, offering greater specialization and precision compared to general large models [1][2] Industry Growth - The vertical large model market in China is experiencing rapid growth, with the Model as a Service (MaaS) market projected to reach 710 million yuan in 2024, a year-on-year increase of 215.7% [2] - The AI large model solution market is also expected to grow significantly, reaching 3.49 billion yuan in 2024, reflecting a year-on-year growth of 126.4% [2] Business Needs - Different types of enterprises have varying core values regarding digital intelligence, with manufacturing firms focusing on automation, energy savings, and product quality, while service-oriented firms prioritize customer acquisition and service cost reduction [3] - The integration of edge perception, user information, and industry knowledge into a unified computational management system is essential for building an intelligent framework within enterprises [3]

Group 1 - The Beijing Municipal Government has announced the 2024 Science and Technology Awards, recognizing significant contributions in scientific research and technology development [1] - The "Outstanding Contribution Zhongguancun Award" was awarded to Deng Hongkui and Dong Jin for their major breakthroughs in scientific research and technology [1] - Deng Hongkui is recognized for his pioneering work in stem cell research, particularly in developing methods to regulate cell fate and creating new technologies for pluripotent stem cell preparation [1] - Dong Jin is acknowledged for his research in blockchain technology and chip development, leading the creation of the "Chang'an Chain," a fully controllable blockchain technology [1] Group 2 - The awards also included the "Beijing Outstanding Youth Zhongguancun Award" given to 26 young scientists, and the "Beijing International Cooperation Zhongguancun Award" awarded to 10 foreign scientists [2] - A total of 15 projects received the first prize in the Beijing Natural Science Award, including research on glucose transport proteins [2] - The Beijing Technology Invention Award recognized 6 projects with first prizes, including key substrate technology for gallium nitride-based light-emitting devices [2] - The Beijing Science and Technology Progress Award awarded first prizes to 29 projects, including the establishment and promotion of key technologies for artificial heart clinical applications [2]

Group 1 - The 2025 Zhongguancun Graduation Season was launched on June 24, showcasing a series of initiatives aimed at inviting young people to become "youth partners" in Haidian District [1] - The Haidian District government, in collaboration with 12 local universities, launched the "Haidian Alumni Card," a digital identity card designed to connect alumni and provide long-term support for their development [2] - A series of policies were introduced to support innovation and entrepreneurship among university students, including 15 measures from the Beijing Municipal Education Commission targeting students within five years of graduation [2] Group 2 - The "Launch Policy Acceleration Package" was announced, which includes over 8,000 internship positions from more than 300 companies to enhance students' employability [3] - Haidian District aims to create a local employment service system, "Haidian Job Exchange," offering at least 80,000 job postings annually and providing financial incentives for private and small businesses to hire young people [3] - The district is also providing 100,000 square meters of free industrial space and funding support for key projects, with a maximum of 50 million yuan available for technology talent loans [3] Group 3 - Nearly 10,000 discounted housing units are being organized for graduates, along with a comprehensive childcare system and top-tier educational resources in Haidian District [4] - The "Hidea Talent Card" is being issued to provide discounts in trendy commercial areas, enhancing the quality of life for residents [4] - The event featured exhibitions on artificial intelligence and urban renewal, allowing students to engage with cutting-edge technology and showcase their creativity [4]

Group 1 - The event "2025 Zhongguancun Graduation Season and Hi Youth Forum" was launched in Beijing, highlighting the "Haidian District College Student Internship Practice Action Plan" which offers nearly 8,000 quality internship positions from over 300 companies including ByteDance, Alibaba, and Tencent [1] - The Haidian District has initiated a job service system called "Haizhi Hui," which aims to release no less than 80,000 job positions annually and provides one-time expansion subsidies for private and small-medium enterprises hiring young people [2] - The "Haidian Alumni Card" was introduced, integrating various services for the large alumni community in Haidian, including policy support, housing, and career development [2] Group 2 - The Beijing Municipal Science and Technology Commission and Zhongguancun Management Committee announced a series of policies to support young talent in innovation and entrepreneurship, aiming to create a comprehensive support system for young tech talent [1] - The event featured exhibitions such as the "Cross-Border·Coexistence·Future" technology and art integration exhibition, showcasing innovative works in artificial intelligence and urban renewal [2] - The exhibitions will be displayed at the Zhongguancun National Independent Innovation Demonstration Zone and will later tour parks, communities, and business circles [2]

Group 1 - The Beijing Zhongguancun ART PARK project will open its East District by the end of December this year, featuring brands such as Klattermusen, montbell, Adidas Originals, MUJI, Decathlon, and others [1] - The West District of the project opened in the first half of this year, with a total of 102 brands signed, achieving a 100% signing rate, primarily focusing on dining and lifestyle services [1] - The West District attracted over 200,000 visitors and generated sales exceeding 6 million yuan within the first three days of operation, with several brands ranking high in sales [1] Group 2 - The company plans to invest no less than 30 million yuan in marketing expenses after the East District opens to ensure traffic flow and performance [2] - The company operates 18 commercial projects nationwide, with a total commercial management area of nearly 3 million square meters [2] - Industry experts emphasize the need for innovation in commercial projects, advocating for a transformation from commercial entities to social service functions, enhancing both service capabilities and product quality [2]