编者按 2月24日，长沙市2025年度"经济质效突出贡献企业""工业强市突出贡献企业""科技创新突出贡献企 业""消费引领突出贡献企业"名单发布，涌现出一大批实绩显著、贡献突出的先进典型。长沙晚报今起 推出"以企业之强 擎长沙之进——长沙四类'突出贡献企业'"系列报道，聚焦优秀企业的典型经验做法， 深度挖掘高质量发展的长沙实践与鲜活案例。 长沙晚报全媒体记者 范宏欢 "手臂"灵活翻飞、动作精准高效的工业机器人，活跃在各个车间的生产一线；车间通道上，AGV导航 车与智能电子仓默契配合，智能调度、精准配送已成为现实……2月25日，走进位于宁乡经开区的长沙 格力暖通制冷设备有限公司（简称"长沙格力"），处处彰显着蓬勃的发展活力。 2月24日，在长沙市持续用力打造"三个高地"加快推进高质量发展会议上，长沙格力获评"2025年度工业 强市突出贡献企业"。长沙格力负责人彭小兵自豪地告诉记者，自2010年成立以来，公司始终坚守"让世 界爱上中国造"的初心使命，持续夯实技术革新、质量提升、文化培育与管理优化四大根基，已崛起为 总投资超100亿元、覆盖七大项目的产业集群。 春节余温尚未散去，长沙格力厂区内已奏响奋进的序曲。只见 ...

机构认为，节后市场资金回补仓位调结构迹象明显，周期制造的节后表现明显强于科技成长。 【财经日历】 商务部召开例行发布会 百度公司举行财报电话会 ►►据网络平台数据，2026年年度电影总票房（含预售）突破90亿，暂列全球单一市场票房第一。 ►►近日，由南开大学和上海空间电源研究所等单位科研人员组成的团队，取得了一项首创性的突破。通过全新的电解液技术，有望使现有锂电池在同等大 小和重量的情况下，实现续航力的成倍提升，耐低温性能也明显增强。这一成果26号凌晨在国际学术期刊《自然》上发表。新电池的核心突破在于内部的电 解液，它在电池中起着传导离子的功能，就像正负极之间的一条"高速公路"，对于电池的能量效率、工作稳定性与温度适应性等都有关键意义。目前，锂离 子电池的电解液溶剂通常含有一个重要元素——氧。它的优点是对锂盐的溶解性很强，但这种强相互作用也限制了电荷的转移，导致电池能量密度难以进一 步提升，也限制了其低温性能。 ►►据上海有色网，津巴布韦矿业部宣布立即暂停所有原矿及锂精矿出口（含在途货物），旨在加强矿产监管与问责。未来仅持有效采矿权及获批选矿厂的 企业具备出口资格，禁止代理及第三方贸易商出口。申请时需提交省级 ...

Core Insights - The report highlights the performance of various sectors in the A-share market, indicating a mixed trend with certain industries like battery and communication resources leading the gains while others like tourism and media lag behind [6][9][10] - The report emphasizes the importance of macroeconomic data and policy changes in shaping market expectations and investment strategies [8][12][20] Domestic Market Performance - The Shanghai Composite Index closed at 4,147.23 with a gain of 0.72%, while the Shenzhen Component Index closed at 14,475.87 with a gain of 1.29% [4] - The average P/E ratios for the Shanghai Composite and ChiNext are 16.93 and 53.12 respectively, indicating a favorable long-term investment environment [8][12] International Market Performance - Major international indices such as the Dow Jones and S&P 500 experienced declines of 0.67% and 0.45% respectively, reflecting a cautious global market sentiment [5] Industry Analysis - The aerospace and media sectors are noted for their strong performance, while the film industry faced a disappointing Spring Festival box office, with total revenue down 40.09% year-on-year [14][15] - The automotive industry is projected to benefit from policies promoting vehicle upgrades, with a target of replacing 500,000 vehicles by the end of 2026 [6][20] Investment Recommendations - The report suggests focusing on sectors such as electric batteries, communication devices, and aerospace for short-term investment opportunities due to their current market strength [12][20] - In the automotive sector, the report recommends monitoring companies involved in intelligent driving and robotics, as these areas are expected to see significant growth [20][28] Key Data Updates - The report notes that the automotive industry saw stable production and sales figures in January 2026, with a total of 245,000 vehicles produced and 234,700 sold [18] - The battery sector reported a 3.31% increase in the index, with a total of 94,500 electric vehicles sold in January, indicating a slight year-on-year increase [37]

Core Viewpoint - The performance of humanoid robots during the Spring Festival Gala has shifted public perception, indicating that these robots are moving beyond mere demonstrations to potential real-world applications, with 2026 identified as a critical year for mass production [1][2][6] Group 1: Industry Developments - Several leading automotive companies are entering the humanoid robot sector, with 2026 set as a key milestone for mass production [2][6] - Xiaopeng Motors plans to start mass production of its IRON humanoid robot by the end of this year, aiming to be the first to achieve large-scale production of advanced humanoid robots [2] - Tesla announced that its third-generation Optimus robot will be released in the first quarter of this year, with plans for mass production by the end of the year [2] - BYD and Changan are also actively developing humanoid robots, with BYD focusing on production for its own factories and Changan planning to release a prototype by 2027 [3] Group 2: Application and Pricing - Current humanoid robots are primarily being developed for industrial applications, with plans to expand into consumer markets later [4] - Initial applications include factory work, automotive showrooms, and traffic assistance, with future potential for home care and cleaning [4] - The pricing of humanoid robots is expected to decrease significantly, with BYD targeting a price below 100,000 yuan and Tesla estimating around 140,000 yuan after scaling production [4] - The commonality of core components between humanoid robots and smart vehicles is over 60%, allowing for cost reductions and shorter development cycles [4]

在"选"与"用"的环节，基于新能源汽车产业特性，比亚迪人才招聘坚持校招应届生吸纳创新生力军和常 态化招聘"蓝领"工人两手抓。 在促进新增就业方面，比亚迪积极与政府部门协同，形成多层次合作模式，提升跨区域招聘的精准性与 覆盖规模，有效拓宽招工渠道，降低招聘成本。一方面，精准适配地方政府提供的人才补贴、落户支持 等配套政策，积极参与包括"百万英才汇南粤"在内的各级政府搭建的就业服务平台，开展常态化人才招 聘；另一方面，在政府部门的支持下，建立应急协作机制，在用工高峰或突发缺口时启动快速响应与调 配，实现劳动力的有计划调配与快速补充。 人才是创新的源泉，也是企业的宝贵财富。作为新能源产业龙头企业，近年来，比亚迪通过大规模校园 招聘、校企合作，以及与政府的多元协作，构建了"招得进、培养好、留得住"的全链条人才生态体系。 近3年，比亚迪累计招录5万多名应届大学生，其中硕博比例高达70%，研发类岗位占比近八成。 "比亚迪30多年的创业历程就是一部以人才驱动技术创新、成就产业梦想的奋斗史。"比亚迪董事长兼总 裁王传福说，他直管的总经理，有一半都是从应届大学生中成长起来的，应届大学生一直和公司共同成 长。比亚迪从零起步，始终 ...

原创：邢予青 秦朔朋友圈 五年前小鹏汽车创始人何小鹏嘲笑丰田章男对待EV（电动汽车）的态度，并在微博上暗示丰田就是下一个汽车行业的诺基亚。 岁月如梭，五年一晃就过去了，尽管EV造车新势力在中国市场上如日中天， 但是，丰田依然是全球汽车业老大，并没有成为汽车行业的诺基亚。 新崛起的中国造车新势力，也没有把丰田从神坛上拉下来。 2025年，丰田全球汽车销售1132万辆，远远超过位居第二的德国大众汽车的898万辆。这已经是丰田连续第六年成为卖车最多的世界冠军了。 美国是丰田最重要的海外市场。不幸的是，2025年特朗普开启了全球贸易大战。这对丰田在美国的业务来说是苦不堪言。 特朗普丝毫不考虑日本是美国在亚洲最可靠和忠实的盟友这一事实，对所有日本产品加征高达25%的关税。 在日本政府官员不顾十几小时的时差，多次飞往华盛顿与美国谈判，并最终答应在美国投资5500亿美元之后，特朗普才把对日关税降到15%。但是，这也 比WTO框架下的2.5%的最惠国汽车关税高6倍。 谨小慎微的丰田公司担心把关税转移给美国消费者会影响销售，就象征性地把在美国销售的汽车的价格平均提高了280美元，自己则忍痛承担绝大部分出 口美国汽车的关税。 中 ...

Investment Rating - The report assigns a "Buy" rating for Hong Kong Exchanges and Clearing Limited (00388.HK) as a first coverage [4]. Core Insights - The report highlights that Hong Kong Exchanges and Clearing Limited experienced a significant increase in revenue and net profit for the first three quarters of 2025, with revenue and net profit growing by 37% and 45% year-on-year, reaching HKD 21.9 billion and HKD 13.4 billion respectively [4]. - The EBITDA margin improved by 5 percentage points to 79% due to scale effects, with Q3 alone showing an 8% and 10% quarter-on-quarter growth in revenue and net profit [4]. - The report emphasizes the strong performance in spot trading and stock options, with average daily trading amounts (ADT) for stock securities products increasing by 150% year-on-year to HKD 267.9 billion in Q3 [5]. Summary by Sections Financial Performance - For the first three quarters of 2025, the revenue from spot trading increased by 75% year-on-year to HKD 111 billion, accounting for 51% of total revenue [5]. - The average daily trading amount for southbound and northbound trading increased by 285% and 144% respectively, contributing to the overall growth in trading volume [5]. - The financial derivatives segment saw a decline in average daily contract volume by 7% year-on-year, while stock options trading increased by 30% [5]. Strategic Initiatives - Hong Kong Exchanges and Clearing Limited has implemented several strategic measures, including the launch of LME-approved warehousing facilities and adjustments to minimum price fluctuations in the securities market [6][7]. - The company is also focusing on enhancing market vitality and technological empowerment, with plans to shorten the settlement cycle for the cash market [6][7]. IPO Contributions - In the first three quarters of 2025, there were 69 successful IPOs on the Hong Kong Exchange, raising a total of HKD 188.3 billion, marking the highest level since 2022 [8]. - The report notes that internet and technology stocks were the main contributors to trading volume, with the top ten stocks accounting for 30% of the total market ADT [8]. Profit Forecast and Valuation - The report projects that the net profit for Hong Kong Exchanges and Clearing Limited will reach HKD 17.9 billion, HKD 20.3 billion, and HKD 22.1 billion for 2025, 2026, and 2027 respectively, with year-on-year growth rates of 37.5%, 13.1%, and 9.0% [9]. - The current price-to-earnings (P/E) ratios are forecasted to be 29.1, 25.7, and 23.6 for the years 2025, 2026, and 2027 [9].

1月比亚迪在欧销量超越特斯拉 路透社 《华尔街日报》等外媒在相关报道中称，这意味着欧洲市场的电动与混合动力车型需求持续升温，为全 年发展打下强劲基础。 同时，该趋势也反映出欧洲消费者对中国品牌新能源产品的认可度快速提升。 值得一提的是，与比亚迪销量快速增长形成鲜明对比的是，欧洲车市正受燃油车不振的影响而整体下 滑。 （文/观察者网 张家栋 编辑/高莘） 根据欧洲汽车制造商协会（ACEA）发布的最新数据，今年1月，比亚迪在欧洲市场的新车注册量从 2025年同期的6884辆大幅跃升至18242辆，同比增长接近两倍，该协会数据统计覆盖欧盟、英国以及冰 岛、列支敦士登、挪威和瑞士等主要市场。 自ACEA去年夏天将比亚迪纳入统计体系以来，其在欧洲的月度销量持续攀升，部分月份增幅甚至接近 五倍，增长曲线陡峭。 相较之下，1月欧洲纯电动车销量同比增长近14%，混合动力车型增长6.4%，插电式混合动力车型增长 32%，这种不断扩张的电动化需求，为比亚迪等新能源车企提供了增长空间。路透社在相关报道中称， 这种转变展示了欧洲汽车工业正处于重大转型的关键阶段。 与欧洲市场的转变相匹配，近年来比亚迪正加快在欧洲的本地化布局与建设。自 ...

【#比亚迪跟进7年低息超长贷# 】比亚迪海洋网2月25日宣布，全系车型推出3年超长0息、7年超长低息 等金融政策，同时可叠加最高2.1万元置换补贴，活动持续至3月31日。前一日，比亚迪旗下方程豹汽车 也发布了7年超长贷的政策，适用豹5长续航版、钛7全系车型。至于王朝网是否跟进，第一财经记者向 比亚迪方面求证，截至发稿未获回复。据不完全统计，自1月特斯拉率先推出"7年低息"政策后，包括小 米、蔚来、吉利等超过10家车企跟进该政策。 (第一财经) ...

汽车 分析师：龙羽洁 登记编码：S0730523120001 longyj@ccnew.com 0371-65585753 政策托底稳增长，智驾政策加速落地 ——汽车行业月报 证券研究报告-行业月报 强于大市(维持) 汽车相对沪深 300 指数表现 -15% -10% -4% 1% 6% 11% 17% 22% 2025.02 2025.06 2025.10 2026.02 汽车 沪深300 资料来源：中原证券，聚源 相关报告 《汽车行业月报：乘商协同引领行业向上， 2025 年汽车产销续写新高》 2026-01-20 《汽车行业月报：L3 级自动驾驶准入落地， 商业化加速》 2025-12-23 《汽车行业年度策略：破局内卷提质转型，智 联系人：李智 电话： 0371-65585629 投资要点： 能网联领航升级》 2025-11-25 地址： 郑州郑东新区商务外环路10 号18楼 地址： 上海浦东新区世纪大道1788 号T1 座22 楼 ⚫ 市场回顾：截至 2 月 25 日收盘，汽车（中信）行业指数上涨 3.62%， 跑赢同期沪深 300 指数 3.0pct，在中信 30 个一级行业中排名第 8 名。本月 ...