晚报 | 12月17日主题前瞻

Group 1: Commercial Aerospace - Yu Shi Space, the only team in China using the "stainless steel rocket + capture arm recovery" scheme, has completed the ground verification test for the first full-size "chopstick" capture arm, marking the delivery of China's first full-size prototype comparable to SpaceX's Starship recovery model. The AS-1 rocket aims to reduce launch costs to 20,000 yuan per kilogram (down to 10,000 yuan per kilogram after recovery), which is only 1/6 of traditional rocket costs [1] - The breakthrough in China's reusable rocket technology is seen as a significant cost revolution and technological upgrade within the aerospace industry, as well as a crucial support for national strategic security, high-end manufacturing upgrades, and the reshaping of the global competitive landscape [1] Group 2: Large Models - China Telecom Research Institute, in collaboration with partners including Huawei and Mu Xi, has successfully completed the industry's first cross-architecture large model inference technology verification, achieving a core goal of "one framework code, three-chip transparent migration" [2] - This technology reduces the adaptation cycle of large model operators from "weekly" to "daily" and achieves 90% performance of the native operator library, addressing the multi-architecture adaptation challenge and providing business decision support [2] Group 3: Tungsten Prices - Tungsten concentrate prices have surpassed 400,000 yuan, up 190.2% since the beginning of the year, while APT prices have exceeded 600,000 yuan, up 189.1%, and tungsten powder prices are nearing 1,000 yuan, up 202.3% [3] - The market is experiencing a tense atmosphere due to supply concerns, driven by production halts and a reluctance to sell, leading to increased demand for limited stock [3] Group 4: Storage Market - An internal analysis document from SK Hynix reveals a severe imbalance in the storage market, predicting that DRAM supply shortages will persist until 2028, with demand for DDR memory expected to grow by 20.7%, significantly outpacing supply growth [4] - The domestic semiconductor equipment and materials companies are expected to benefit from the dual drivers of AI storage demand and supply chain autonomy, leading to a virtuous cycle of technological breakthroughs and market expansion [4] Group 5: Hydrogen Energy - The world's largest integrated green hydrogen and ammonia project, the China Energy Construction Songyuan Hydrogen Energy Industrial Park, has officially commenced production, with a planned capacity of 3 million kilowatts of renewable energy generation and 80,000 tons of green ammonia and methanol [5] - The first phase of the project will produce 45,000 tons of green hydrogen and 200,000 tons of green ammonia and methanol annually, significantly reducing crude oil consumption and carbon emissions [5] Group 6: Pork Import Duties - The Ministry of Commerce has announced the final ruling on anti-dumping investigations against imported pork and pork by-products from the EU, determining that such imports are being dumped and will impose anti-dumping duties starting December 17, 2025 [6] - The decision is influenced by the current difficulties faced by the domestic industry and strong calls for protection [6]