【光大研究每日速递】20251107

Group 1 - The article emphasizes the importance of the "15th Five-Year Plan" in guiding China's economic and industrial development, focusing on high-quality growth and capital market opportunities [4] - It highlights that the domestic economic policy is expected to continue supporting growth, maintaining it within a reasonable range, which will further solidify the foundation for a prosperous capital market [4] - The article outlines key development directions for various industries over the next five years, including traditional industries, consumption, emerging industries, and future industries, which will be focal points for the capital market [4] Group 2 - 麦捷科技 reported a revenue of 1.107 billion yuan in Q3 2025, representing an 18.75% year-on-year increase and a 9.04% quarter-on-quarter increase, while net profit was 96 million yuan, down 1.11% year-on-year but up 10.16% quarter-on-quarter [5] - 高通's FY2025 performance exceeded expectations, with a forecasted net profit of 11.5 billion USD for FY2026, reflecting a year-on-year growth of 108% [6] - 上海复旦 achieved a revenue of 3.024 billion yuan in the first three quarters of 2025, a 12.7% year-on-year increase, with Q3 revenue reaching 1.186 billion yuan, up 33.28% year-on-year, driven by sales of non-volatile storage chips and other products [7] - 金蝶国际 announced a comprehensive upgrade of its product system, launching a new AI product "小K," marking a significant step into the AI-native era for enterprise management [8] - 百胜中国 reported a revenue of 3.21 billion USD in Q3 2025, a 4% year-on-year increase, with adjusted net profit of 282 million USD, down 5% year-on-year, while same-store sales continued to grow [9]