中信证券表示，当前AI大模型已从"技术竞赛"转向"场景落地"阶段，2025年下半年起，医疗、金融、教 育等高价值垂直领域的付费应用加速商业化。券商测算，垂直场景大模型的ROI已突破1.5倍，部分企业 （如医疗AI公司）单客户年付费超百万元。 创业板人工智能ETF南方(159382)紧密跟踪创业板人工智能指数，创业板人工智能指数反映创业板人工 智能主题相关上市公司的股价变化情况。目前，该指数前十大权重股分别为中际旭创、新易盛、天孚通 信、软通动力、润泽科技、全志科技、景嘉微、深信服、北京君正、网宿科技。 截至2025年8月19日 09:45，创业板人工智能ETF南方(159382)上涨2.87%，盘中换手26.85%，成交 3673.98万元，市场交投活跃。跟踪指数创业板人工智能指数)强势上涨3.16%，成分股联特科技上涨 10.39%，天孚通信上涨10.34%，新易盛上涨7.62%，光库科技，中际旭创等个股跟涨。 值得一提的是，创业板人工智能ETF南方(159382)昨日强势收涨5.87%领涨市场，同时在不到三个月的 时间内（5/28-8/18）累计涨幅已达58.60%，表现优异备受市场关注。 拉长时间看，截 ...

Core Viewpoint - The AI infrastructure sector is experiencing significant growth, driven by substantial investments and interest in AI capabilities, particularly in the optical module segment, which has seen a strong performance in the stock market [3][4]. Group 1: Market Performance - The optical module sector has seen stocks like "Yizhongtian" (Xinyi, Zhongji Xuchuang, Tianfu Communication) rise over 5%, with Lian Te Technology increasing by over 8% [1]. - The ChiNext AI ETF (159363) has reached a new high, increasing by 2.81%, with a trading volume exceeding 2 billion yuan and a net subscription of over 150 million shares [1][5]. - The ChiNext AI index has accumulated a rise of over 48% year-to-date, outperforming other AI indices [4]. Group 2: Investment Insights - Global AI infrastructure is poised for a trillion-dollar opportunity, with major companies like OpenAI planning to invest significantly in AI service infrastructure [3]. - The current investment climate in the computing power sector is described as "white-hot," with clear capital expenditure trends towards AI computing power from major CSP companies [3]. - Analysts recommend focusing on the optical module industry leaders and related infrastructure as key investment opportunities [3]. Group 3: Historical Performance - The ChiNext AI index has shown annual returns of 20.1%, 17.57%, -34.52%, 47.83%, and 38.44% from 2020 to 2024, indicating a volatile but upward trend in recent years [5]. - The ChiNext AI ETF has reached a scale of over 2.2 billion yuan, ranking first among six ETFs tracking the ChiNext AI index [5].

Market Overview - The A-share market continued to rebound, with the Shanghai Composite Index rising by 0.44%, the Shenzhen Component Index by 0.57%, and the ChiNext Index by 1.04% as of 9:45 AM on August 19 [1] - The pharmaceutical sector showed strong performance, particularly in innovative drugs, with Ji Min Health hitting the daily limit [1] - AI hardware stocks like New Yisheng and Zhongji Xuchuang reached historical highs, while sectors such as film, media, military, banking, oil and gas, and wind power experienced declines [1] Key Sectors Innovative Drug Sector - The innovative drug sector saw significant gains, with Ji Min Health and Kangyuan Pharmaceutical hitting the daily limit, and other companies like Nuo Si Lan De and Li Fang Pharmaceutical also rising [2] - CITIC Securities reports a favorable policy environment for innovative drugs starting from 2025, recommending investments in innovation-driven and internationalization strategies, particularly in the innovative drug field [2] CPO Concept - CPO concept stocks maintained strong performance, with New Yisheng and Zhongji Xuchuang reaching historical highs, and companies like Jianqiao Technology and Tengjing Technology also seeing gains [3] - CITIC Jiantou Securities highlights a shift in AI training network architecture, leading to increased demand for optical modules, with 800G optical modules expected to see significant growth starting in 2023 [3] Institutional Insights Shenwan Hongyuan - Shenwan Hongyuan believes the short-term bull market atmosphere will continue to dominate, with a focus on securities, insurance, military, and rare earth sectors before early September [4] - The firm emphasizes the importance of sectors with scarce overseas computing power and suggests a price alliance in high market share manufacturing segments [4] Huatai Securities - Huatai Securities suggests that the market may have entered the mid-stage of a bull market, characterized by structural features and rapid sector rotation [5] - The firm notes that the current slow bull market may extend the upward cycle, with a need for increased market signals to attract more external funds [5] Dongfang Securities - Dongfang Securities anticipates no major adjustment risks for stock indices in August, with a "local advance, multi-point bloom" characteristic in the current market [6] - The firm advises caution against potential pullbacks and emphasizes the importance of "high-low switching" in the event of market adjustments, recommending focus on technology autonomy, innovative drugs, military, and robotics sectors [6]

Market Overview - The three major indices opened mixed, with the Shanghai Composite Index up 0.01%, the Shenzhen Component Index down 0.06%, and the ChiNext Index down 0.37% [1] - The pet economy and China Shipbuilding Industry Group sectors saw significant gains, while sectors like fiberglass, securities IT, and computing power chips experienced declines [1] Index Performance - Shanghai Composite Index: 3728.49, up 0.01%, with a trading volume of 99.26 billion [2] - Shenzhen Component Index: 11827.90, down 0.06%, with a trading volume of 130.86 billion [2] - ChiNext Index: 2596.58, down 0.37%, with a trading volume of 57.34 billion [2] - Northbound 50 Index: 1587.33, up 0.68%, with a trading volume of 5.06 billion [2] External Market - US stock indices closed nearly flat, with the Dow Jones down 34.30 points (0.08%), the Nasdaq up 6.80 points (0.03%), and the S&P 500 down 0.65 points (0.01%) [3] - Investors are awaiting earnings reports from major retailers and the upcoming Jackson Hole global central bank conference [3] - The Nasdaq Golden Dragon China Index rose 0.12%, with mixed performance among popular Chinese concept stocks [3] Institutional Insights - CICC reports that A-shares are currently reasonably valued, with the CSI 300 dynamic P/E ratio around 12.2 times, indicating no significant overvaluation [4] - The total market capitalization of A-shares is approximately 100 trillion yuan, with a GDP ratio that remains relatively low compared to major global markets [4] - Huatai Securities highlights that the brokerage sector is undervalued and expects a value reassessment as market conditions improve [5] - Galaxy Securities anticipates that rare earth magnetic materials will see performance improvements in Q3 due to rising demand and supply constraints [6][7] Sector Opportunities - Open Source Securities notes that strong automotive manufacturers and high-growth robotics component companies are likely to benefit significantly from the commercialization of intelligent driving [9]

Group 1 - The total amount of entrepreneurial loans issued to veterans in Suzhou has reached 2.607 billion yuan, with 817 loans granted [1] - Among these, 285 loans were issued to enterprises totaling 2.012 billion yuan, while 532 loans were provided to individual entrepreneurs amounting to 0.595 billion yuan [1] - The "Rong Yao Jun Chuang Loan" project, specifically designed for veterans and their families, offers loans up to 10 million yuan with an interest rate as low as 2.5% and a total term of up to 12 years [1] Group 2 - The "Rong Yao Jun Chuang Loan" project has significantly alleviated funding shortages and financing difficulties for veterans [1] - Suzhou San Sheng Yuan Ecological Technology Co., Ltd. successfully obtained an 800,000 yuan loan, which has energized its business development [2] - The CEO of Da You Low Altitude Intelligent Technology (Jiangsu) Co., Ltd., a veteran, received 300,000 yuan in funding within a week, which helped accelerate the development of their service platform [2]

划重点： GPT-5已实现"一体化智能服务"，能替代传统需要专业团队完成的工作流，未来创业者只需少数人+AI工具即可打造高价值公司。 现在最重要的是学会熟练使用AI工具，快速学习能力比专业技能更关键。从业者要专注解决真实需求，而不是盲目跟风技术热 点。 就算未来AI比人类更聪明，真人之间的情感连接反而会更珍贵。人类会犯错、有独特经历和叛逆思维，这些是AI永远模仿不了 的。 所有技术革命早期都会出现大量"外壳应用"，但只有那些真正解决用户痛点的公司能活下来。就像Uber深度改变出行方式，比单纯 的手电筒APP有价值得多。 如果你今天20多岁，对于事业还站在人生的起点，会选择走哪条路？ 奥特曼给出了直接的回答：这是最激动人心的时代。因为在GPT-5这样的 博士级AI助手加持下，一个人就能完成过去需要几十年经验和庞大团队才能做成的事。无论是创业、写代码，还是探索科学研究，你所能实 现的目标远超以往任何一代年轻人。 近日，OpenAI首席执行官山姆·奥特曼近日与印度最大券商Zerodha联合创始人尼基尔·卡马特展开深度对话。 这次对话中，奥特曼谈到了GPT-5如何重塑学习和创业路径，年轻人如何借助AI实现过去需要几十 ...

Group 1 - The event marks the 100th anniversary of the All-China Federation of Trade Unions, with over 600,000 participants in various activities across Heilongjiang Province [1] - Awards were presented to 40 units and 170 individuals for their contributions, highlighting the importance of recognizing labor achievements [1] - Cultural performances, including plays and dramas, were organized to showcase the spirit of labor and inspire new generations of workers [1] Group 2 - A variety of sports and cultural events were held, including choir concerts and athletic competitions, to celebrate labor and promote community engagement [2] - The Heilongjiang Provincial Federation of Trade Unions is actively promoting a series of eight major activities to honor the history of labor movements and support regional development [2]

"非常感谢咸阳老街退役军人就业创业服务中心组织的技能培训。在这里，我不仅学会了做咖啡， 还感受到了'退役不褪色'的温暖。"退役军人陈学文说，他对就业创业充满信心。 "我们还深度融合咸阳老街特色'文商旅'资源，让退役军人在兼具历史底蕴与商业活力的环境中实 现转型，高质量服务社会、助力发展。"渭城区退役军人事务局相关负责人说，接下来，他们将继续围 绕"五好"，扩大"咸阳老街拥军商户联盟"覆盖面和影响力，深化"老兵带新兵"帮扶模式，让退役军人获 得感、幸福感、荣誉感持续增强。（记者：琚鹏飞） 该就业创业服务中心涵盖综合服务区、商务赋能区、业态孵化区三大核心板块，可以全方位、多层 次为退役军人提供就业创业服务。据介绍，综合服务区集导引接待、政策咨询、就业展示、志愿服务、 休闲交流五大功能于一体，为退役军人提供"一站式"服务；商务赋能区可提供"直播带岗"服务，助力军 创商户展示和推介产品，同时围绕热门岗位需求组织实操培训，助力退役军人掌握实用技能；业态孵化 区主要展示模范退役军人的事迹和创业创新大赛的优质项目。 8月13日，记者从咸阳市渭城区退役军人事务局获悉：近日，陕西首家退役军人就业创业服务平台 ——咸阳老街退役军 ...

Core Points - Jiangsu Lawqi Law Venture Capital Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The company is wholly owned by Nanjing Lawqi Investment Management Co., Ltd. [1] - The legal representative of the new company is Hu Xiaobao [1] Company Overview - The company operates in the financial industry, specifically in other financial services [1] - The business scope includes investment activities with self-owned funds, asset management services, financing consulting services, and various technology consulting services [1] - The company is located at Room 126, Building 14, Hongtai Road 6, Jiangbei New District, Nanjing [1] Shareholding Structure - Nanjing Lawqi Investment Management Co., Ltd. holds 100% of the shares in Jiangsu Lawqi Law Venture Capital Co., Ltd. [1] Business Activities - The company is involved in a wide range of services including technology development, information technology services, and market registration agency services [1] - It also provides software development and labor services, excluding labor dispatch [1] - The operational period is set until August 18, 2025, with no fixed term thereafter [1]

文体赋能，凝聚奋进力量。从哈尔滨市"唱响春天"交响合唱音乐会，到齐齐哈尔市、伊春市、七台河市 专题文艺汇演，各类演出不断。职工气排球赛、乒乓球赛、高校教职工羽毛球赛、"铁人杯"全民健身活 动等体育活动相继登场，以竞技精神展现劳动者风采。 从松花江畔到兴安林海，从智能车间到数字云端，黑龙江省总工会正以"闯"的精神、"创"的劲 头、"干"的作风书写新篇章。"我们联动全省各市（地）工会、产业工会，推出八大类重磅活动，涵盖 表彰、文艺、展览、赛事、宣讲、影视制作、主题联动、线上互动等多种形式，致敬百年工运的辉煌历 史，凝聚助力龙江振兴发展之力。"黑龙江省总工会宣教网络部负责人说。 表彰先进，树立时代榜样。4月29日，在黑龙江广播电视台演播大厅内，黑龙江省总工会庆祝中华全国 总工会成立100周年省五一劳动奖、工人先锋号颁奖暨第二届"龙江工匠年度人物"发布仪式举行。活动 表彰了40个黑龙江省五一劳动奖状单位，170名职工获省五一劳动奖章，150个集体获省工人先锋号。获 奖代表哈尔滨市第一六八中学校校长董勤忠表示："我将以这次表彰为新起点，发挥带头作用，在工作 岗位上作出新的贡献。" 舞台演绎，展现产业工人新面貌。《匠心永 ...