内容概要：无障碍产业是指为残疾人、老年人、伤病员、孕妇等群体提供人体功能改善、补偿、替代或 实施辅助性治疗的新兴业态。它涵盖了出行设备、康复辅具、智能穿戴、智能看护、无障碍旅游、无障 碍电影等软硬件产品的研发、设计、生产、流通与服务的完整产业链条，对推动社会无障碍环境建设、 促进特殊群体社会融入具有重要意义。随着人口老龄化加速和残障群体需求升级，无障碍产业已从单纯 的福利事业转变为具有巨大市场的经济增长点。2025年，我国无障碍产业市场规模从2020年的780亿元 增长至1400亿元，预计2026年我国无障碍产业市场规模有望增长至1630亿元。 上市企业：英科医疗(002367.SZ)、瑞尔特(002790.SZ)、伟思医疗(688580.SH)、翔宇医疗(688626.SH)、 康力电梯(002367.SZ)、信隆健康(002105.SZ)、科大讯飞（002230）、商汤-W（00020）、云知声 （09678.HK）、鱼跃医疗（002223）、可孚医疗（301087）、美好医疗（301363）、上海建工 （600170）、中国铁建（601186）、万 科Ａ（000002）、亚厦股份（002375） 相关企 ...

新华社北京1月25日电 题：AI时代，职业生态如何变化？ 新华社记者温竞华 从AI训练师、AI产品经理、AI伦理审核员等新职业涌现，到"一人公司"等创业新范式兴起，人工智能正在加速重塑职业图景，也对劳动者的从业 素质提出了新要求。 AI赋能下，技术范式的变革将创造哪些新就业新机遇？什么样的人才能够更好适应AI时代？ 随着人工智能加速融入千行百业，从事数据标注的AI训练师、借助AI生成内容的动画师、统筹AI产品全流程的产品经理等新岗位持续出现，对复 合型、应用型人才的需求不断扩大。 普华永道2025年全球AI就业晴雨表显示，全球几乎所有涉及AI应用的岗位数量都在增加；拥有AI技能的从业人员平均工资溢价达56%，是上年的 两倍。58同城近期发布的报告也指出，平台已涌现近50类"人机协作"新岗位与40种智能新服务。 "人工智能技术正在深刻重构就业生态与职业图景，推动劳动者技能结构升级，向更高附加值方向演进，形成以人机协同、智能赋能为特征的就业 新范式。"科大讯飞研究院院长刘聪说。 当前，具身智能、世界模型等技术方向加快突破，人工智能正从语言处理走向对物理世界的理解与建模。北京智源人工智能研究院发布的《2026 十大 ...

随着人工智能加速融入千行百业，从事数据标注的AI训练师、借助AI生成内容的动画师、统筹AI产品 全流程的产品经理等新岗位持续出现，对复合型、应用型人才的需求不断扩大。 普华永道2025年全球AI就业晴雨表显示，全球几乎所有涉及AI应用的岗位数量都在增加；拥有AI技能 的从业人员平均工资溢价达56%，是上年的两倍。58同城近期发布的报告也指出，平台已涌现近50 类"人机协作"新岗位与40种智能新服务。 "人工智能技术正在深刻重构就业生态与职业图景，推动劳动者技能结构升级，向更高附加值方向演 进，形成以人机协同、智能赋能为特征的就业新范式。"科大讯飞研究院院长刘聪说。 新华社北京1月25日电 题：AI时代，职业生态如何变化？ 新华社记者温竞华 从AI训练师、AI产品经理、AI伦理审核员等新职业涌现，到"一人公司"等创业新范式兴起，人工智能 正在加速重塑职业图景，也对劳动者的从业素质提出了新要求。 AI赋能下，技术范式的变革将创造哪些新就业新机遇？什么样的人才能够更好适应AI时代？ 讯飞医疗科技股份有限公司内，AI医学研究员胡萍萍正在评估医疗大模型在复杂病例诊治中的表现， 尝试发现模型在回应患者时缺乏"同理心"的细 ...

1月25日下午，由广东省工业和信息化厅与深圳市人民政府联合主办的"广货行天下"春季行动消费电子 专场在华强北正式启幕。 作为2026年广东工业消费品促消费活动的重要一站，本次活动汇聚华为、荣耀、影石、OPPO、vivo、 小天才、科大讯飞等 50家省内消费电子领军企业，依托华强北成熟完备的电子产业生态，将展销场景 直接嵌入最具活力的市场一线，集中展示"广东智造""深圳创造"在AI科技浪潮中的创新成果。全方位满 足消费者多样化、高品质的消费需求。 本次活动还特别设置华强北创业创新历史及成果展，全方位展示华强北独特的创业基因与产业硬实力。 如今在华强北，前沿技术正快速融入电子产品、穿戴设备、家居产品中，化身有温度、有情感的"新春 好礼"。 "现场新春氛围浓厚，也特别应景华为科技产品作为新年货。"华为授权体验店(华强北电子广场) 店员告 诉记者，有很多海外用户来体验咨询折叠电脑，，也有带小朋友的家长来现场体验，大家对新形态的二 合一的平板兴趣很高。 （作者：深圳特区报&读特记者 周雨萌） 一位乌兹别克斯坦游客在荣耀展台正在咨询荣耀majic8pro，因为英文不是特别好，所以荣耀工作人员 正在用荣耀手机的面对面翻译功 ...

Investment Rating - The report indicates a positive investment outlook for the industry, highlighting a "golden window period" for the short drama sector, with expectations for significant growth in the coming years [2][11]. Core Insights - The short drama industry has reached a scale of nearly 1 trillion yuan, surpassing both the film and long video sectors, with a projected compound annual growth rate (CAGR) of over 50% from 2023 to 2026 [11]. - The market for animated dramas is expected to exceed 22 billion yuan by 2026, contributing 50% of the incremental growth in the short drama industry [11]. - ByteDance is positioned as the absolute leader in the animated drama sector, leveraging its "traffic + IP + AI" integrated strategy to dominate the market [2][17]. - The application of AI technology is transforming the production paradigm of animated dramas, reducing production cycles from over 50 days to under 30 days and significantly lowering costs [3][21]. Summary by Sections Section 1: The Golden Window for Short Dramas - The short drama market has surpassed 1 trillion yuan, with user engagement increasing, and the average daily viewing time expected to exceed 100 minutes by 2025 [11]. - The market has entered a phase of rapid growth and commercialization, with significant increases in both supply and demand for animated dramas [11][12]. Section 2: AI Reshaping Production Paradigms - AI technologies are enabling a shift from manual production to industrialized generation, with production costs dropping to the thousand-yuan level [3][21]. - The integration of AI in production processes is expected to streamline workflows, reducing the number of steps from 11 to 5 and cutting costs by 60% [3][24]. Section 3: Trends in AI Applications - The report anticipates a significant uptick in AI applications by 2026, driven by the need for software to leverage substantial computational investments [4][31]. - Companies are increasingly integrating AI into their business models, with some reporting that AI-related revenues account for over 10% of total income [4][31]. Section 4: Related Investment Targets - Key investment targets include companies such as DeCai Co., Zhaochi Co., and Wanxing Technology, among others, which are positioned to benefit from the growth in the animated drama and AI sectors [5][40].

Investment Rating - The report assigns an "Overweight" rating to the computer industry [5][13]. Core Insights - As of Q4 2025, institutional holdings in the computer sector have decreased to 2.1%, down 1.1 percentage points from Q3, marking a historical low. This level is only slightly above the 2.0% recorded in Q2 2022. There is significant potential for increase as the current holdings are far below the highs of over 6% seen in 2020 and 2023, and well below the 12% level in 2015 [3][5][7]. - The report highlights that institutions are increasing their positions in sub-sectors such as AI applications and commercial aerospace, while still heavily invested in large models, intelligent computing, and domestic innovation [5][7]. - The top ten companies by number of institutional holders in Q4 2025 include Kingsoft Office, Southern Power Digital, iFlytek, Inspur Information, and others. In terms of market value, Kingsoft Office leads with 139 billion, followed by iFlytek with 108 billion [7][8]. Summary by Sections - **Institutional Holdings Analysis**: The report details that institutional holdings in the computer industry have fluctuated significantly over the past five years, with a notable rise to 6.2% in late 2022, followed by a decline to 2.1% in Q4 2024. The report emphasizes the potential for recovery given the historical context [5][6][7]. - **Sector Performance**: The report indicates that the computer sector is currently underweight, with a significant gap from previous highs, suggesting a favorable environment for future investment [5][6]. - **Key Companies**: The report lists the top ten companies by institutional holdings, noting changes in the composition of these holdings compared to Q3 2025, with new entries and exits among the top firms [7][8].

点击上方"公众号"可订阅哦！ 兴业证券计算机小组 蒋佳霖/孙乾/杨本鸿/ 陈鑫/ 张旭光/杨海盟/桂杨/罗池婧 图1、公募基金的计算机行业绝对配置比例(前十大持仓数: 图2、计算机行业的标准配置比例 ୧% 4. 73% 4. 92% 4 406% 4. 37% 39% 4. 39% 5% 44 354 4. 54% 4. 50% 4. 05 4. 3. 4. 30% 4. 249 4. 0 3. 68% 3.86% 3. 47 3. 74% 4% 3.62% 3. 2.3,75% ONG 2. 99% 2. 41% 3% 1. 89 74% 1. 77% 93% 2. 07% 1. 73% 数据来源:Wind,兴业证券经济与金融研究院整理 图3、公募基金的计算机行业相对配置比例(前十大持仓数: 12% 持有基金数最多的前二十名个股为:金山办公、海康威视、 潮信息、中科曙光、深信服、恒生电子、中科星图、合合作 、大华股份、润和软件、虹软科技、税友股份、拓维信息、 信息。 基金持有市值最多的前二十名个股为: 金山办公、科大讯ˉ 、同花顺、中科曙光、深信服、大华股份、恒生电子、中利 10. 709 PD PDJ P ...

Investment Rating - The report indicates a positive outlook for the computer industry, suggesting that it has fundamental support for investment and potential for future growth [1][2]. Core Insights - The computer sector is expected to experience a rebound in performance due to the recovery of the macro economy and advancements in AI technology, which are anticipated to enhance profitability [1][10]. - The report highlights a significant increase in demand for CPUs, driven by the rise of AI applications and the need for high-performance computing [16][19]. - The introduction of sandbox environments for AI agents is seen as a critical development, enhancing system security and performance in high-concurrency scenarios [22][29]. Summary by Sections Investment Allocation - In Q4 2025, the public fund allocation for the computer industry was 1.6%, a decrease of 0.8 percentage points from the previous quarter, ranking it 14th among 30 sectors [2][3]. - The top ten holdings in the computer sector included Inspur Information, Kingsoft Office, and Sangfor Technologies, with notable changes in the composition of these holdings [4][5]. Valuation Metrics - As of January 23, 2026, the PE (TTM) for the computer industry was 94.6x, placing it in the 94.80th percentile historically, while the PS (TTM) was 4.0x, in the 71.40th percentile [10][11]. - The report suggests that despite high PE levels, there is still room for growth in PS and PCF valuations as the market sentiment improves [10][11]. CPU Price Expectations - Intel and AMD are expected to raise server CPU prices by 10% to 15% in Q1 2026 due to supply constraints and increased demand from AI applications [16][21]. - The report emphasizes the growing importance of CPUs in AI workloads, particularly in managing complex tasks and ensuring system stability [19][40]. Key Investment Themes - The report identifies several key investment themes, including leadership in the digital economy, AIGC applications, and the importance of data elements and new industrialization [41][42]. - Specific companies recommended for investment include Inspur Information, Kingsoft Office, and various firms involved in AI and data solutions [41][42].

Core Insights - The AI industry is shifting focus from technological capabilities to practical applications, with a significant emphasis on how to translate AI technology into real-world value [1][2] - The stock price of BlueFocus Communication Group (300058) has surged by 107.2% within the month, indicating strong market interest in AI applications [1] Group 1: AI Application and Market Trends - The current AI models have not fully utilized their potential, with only about 10% of their capabilities being applied effectively [2] - The competition in the AI sector is moving towards integration and distribution capabilities, especially in the consumer market, where user experience and brand presence are critical [2] - In the B2B sector, the focus is on deep industry integration, with AI solutions aimed at cost reduction and efficiency improvements being essential for sustainable growth [2][3] Group 2: Standards for AI Implementation - Successful AI implementation is defined by three key standards: the ability to assist or replace tasks in production, the capacity for rapid replication of solutions, and the ability to quantify and create value from data [4] - A case study highlighted the effectiveness of AI in healthcare, where an AI-assisted diagnosis led to timely medical intervention, showcasing the practical value of AI applications [4] Group 3: Investment Trends in AI - In 2025, a total of 930 AI companies secured financing amounting to 107.07 billion yuan, with a significant concentration of investment in top AI application scenarios [6] - The majority of funding is directed towards AI projects that demonstrate practical applications and the ability to address industry pain points, rather than purely technical solutions [6] - There is a notable disparity in funding between consumer (C-end) and business (B-end) applications, with B-end projects attracting more investment [6]

国家知识产权局信息显示，科大讯飞股份有限公司取得一项名为"一种文本纠错方法、系统以及设备"的 专利，授权公告号CN115712714B，申请日期为2022年11月。 天眼查资料显示，科大讯飞股份有限公司，成立于1999年，位于合肥市，是一家以从事软件和信息技术 服务业为主的企业。企业注册资本231173.4185万人民币。通过天眼查大数据分析，科大讯飞股份有限 公司共对外投资了132家企业，参与招投标项目5000次，财产线索方面有商标信息2752条，专利信息 5000条，此外企业还拥有行政许可59个。 河北省讯飞人工智能研究院，成立于2019年，位于廊坊市，是一家以从事研究和试验发展为主的企业。 企业注册资本50万人民币。通过天眼查大数据分析，河北省讯飞人工智能研究院专利信息65条，此外企 业还拥有行政许可2个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 科大讯飞（北京）有限公司，成立于2011年，位于北京市，是一家以从事软件和信息技术服务业为主的 企业。企业注册资本55000万人民币。通过天眼查大数据分析，科大讯飞（北京）有限公司共对外投资 ...