上市公司集群崛起：大湾区经济跃迁“ C位担当” ｜魅力湾区·相约南沙

Core Viewpoint - The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a highly open and economically vibrant region in China, contributing approximately 1/9 of the national economic output with only 0.6% of the country's land area. The area has a high density of listed companies, showcasing significant growth in technology innovation and emerging industries, thus playing a crucial role in high-quality development [1]. Group 1: Innovation and R&D - The GBA has been recognized as the world's top innovation cluster, surpassing the Tokyo-Yokohama cluster, reflecting the continuous investment in R&D by listed companies in the region [3]. - In the first three quarters of this year, GBA listed companies invested a total of 237.31 billion yuan in R&D, a year-on-year increase of 9.69%, accounting for 20.69% of the total R&D expenses of all A-share companies [3]. - BYD led the A-share companies with 43.75 billion yuan in R&D expenses, developing advanced technologies such as fast-charging batteries and high-performance electric motors, thereby strengthening its competitive edge in the global electric vehicle market [3]. Group 2: Industry Upgrading and New Tracks - The GBA is a key player in nurturing new productive forces, achieving breakthroughs in emerging sectors such as autonomous driving, low-altitude economy, and robotics [6]. - Companies like WeRide and Pony.ai have made significant strides in autonomous driving, with WeRide operating in 30 cities across 11 countries and Pony.ai focusing on local operations in major Chinese cities [6]. - The establishment of the "Air-Ground Integrated Cluster Smart AI Ecological Alliance" indicates a growing market potential in low-altitude economy and robotics, projected to exceed one trillion yuan in the next five years [6]. Group 3: Global Expansion - GBA listed companies are increasingly pursuing internationalization, with total overseas revenue reaching 955.60 billion yuan in the first half of 2025, accounting for 19.5% of all A-share companies' overseas revenue [10]. - BYD achieved 135.36 billion yuan in overseas revenue, marking a 50.49% year-on-year increase, and has plans to derive 50% of its sales from international markets by 2030 [10]. - Transsion Holdings has captured over 40% of the African smartphone market by focusing on differentiated imaging technology, while also exploring collaborative opportunities with major domestic internet companies [11].