Core Viewpoint - Huawei's HarmonyOS has evolved through six major iterations, achieving a level of user experience that surpasses both iOS and customized Android systems, particularly through its integration of AI and user-centric design [3][52]. Performance and User Experience - HarmonyOS is designed with broad device compatibility and low memory resource requirements, optimizing app loading speeds and background memory management, resulting in a smooth user experience on devices like the Huawei Pura 80 Pro with 12GB of RAM [5][54]. - The system's UI animations have been refined to enhance the perception of fluidity, with detailed transitions during app launches, exits, and menu navigation [5][55]. UI Aesthetics and Personalization - HarmonyOS 6.0 strikes a balance with mainstream aesthetics, featuring simple themes and a flat design that enhances usability while avoiding steep learning curves for users [7][58]. - The system offers rich personalization options, including AIGC capabilities for lock screens and various DIY options for desktop layouts, allowing users to customize their experience [10][60]. Application Ecosystem - The transition from previous versions of HarmonyOS to the current iteration has involved significant efforts in adapting the application ecosystem, with a wide range of native apps now available, particularly for mainstream domestic applications [13][64]. - HarmonyOS's permission mechanisms provide a better user experience compared to Android and iOS, allowing seamless integration of system features within third-party apps [16][65]. AI Integration - HarmonyOS integrates AI capabilities throughout the system, enhancing functionalities such as note-taking, voice recording, and photo editing, making these features more accessible and user-friendly [24][75]. - The system's AI features include advanced photo editing tools and a voice assistant that supports various interactive functions, showcasing the deep integration of AI within the operating system [32][83]. Security and Privacy - HarmonyOS offers proactive security measures by controlling data access at the system level, preventing unauthorized data retrieval by applications [37][86]. - Features like screen privacy protection and enhanced fraud detection using AI demonstrate the system's commitment to user security [39][90]. Cross-Device Ecosystem Integration - HarmonyOS's architecture allows for seamless integration across devices, enabling efficient data sharing and module invocation without the limitations of cross-platform solutions [43][92]. - The unique "Star Flash" technology enhances file transfer speeds and reduces power consumption, providing a stable connection across Huawei's ecosystem of devices [45][94]. Conclusion - Overall, HarmonyOS 6.0 is characterized by high completion and user satisfaction, with solid performance, a growing application ecosystem, and unique advantages in AI, privacy, and cross-device integration, positioning it competitively against established operating systems like iOS and Android [46][95].

今日A股航天装备板块呈现持续走高态势，成为新质生产力赛道的核心亮点，呈现"高标领涨、全链联 动"的活跃格局。板块内弹性标的航天环宇表现尤为亮眼，中国卫通、中国卫星作为国家队产业链核心 标的同步跟涨，航天宏图、星网宇达、新余国科等细分领域标的积极联动。从交易情况来看，资金进场 迹象明显，反映出市场对航天装备行业组网提速与技术突破的高度认可。 GW星座组网进入规模化部署期，发射频率跃升至"三天一组"：据雪球2025年12月9日发布的《中国星 网深度研究投资报告》显示，作为我国卫星互联网"国家队"的中国星网，主导建设的GW星座规划总部 署12992颗卫星，截至2025年12月在轨卫星已达102颗，发射频率从"按月发射"提升至"三天一组"，标志 着行业从技术验证阶段迈入规模化部署关键期。同时，国家300亿元专项基金已全额到位，为卫星组网 提供坚实资金保障，海南与文昌发射场协同保障"年均超300颗"的发射需求，直接拉动航天装备订单放 量。 卫星制造成本大幅下降，量产能力实现突破：小敏投研2025年11月25日行业分析指出，国内卫星制造已 实现流水线生产突破，单星成本从早期的2000万元降至500万元以下，年产能提升至3 ...

观察OBSERVATION 品牌开店 如何强势占领消费者心智，商场大店或许是一个不错的解法！ 中购联铱星云商新媒体中心 作者丨 李敏 商业的本质是通过创造价值满足社会需求，同时通过合理的交易和运营赚取利润。这一理念放在商场中品牌门店的拓展上同样适用，在理性消费主导的市 场情绪下，品牌商、经销商对门店的扩张普遍谨慎，而"XX陷闭店潮"、"XX区域收缩"、"XX退出市场"等新闻也不时刷屏网络。 尽管如此，中购联铱星云商最近在对市场尤其购物中心的观察和探访中发现，依然有不少品牌在商场"逆势开大店"。如泡泡玛特于11月29日和12月2日在 上海世茂广场和深圳深业上城连开两家店，同时在多座商场上新围挡；On昂跑香港最大规模直营门店、粤港澳大湾区最大门店分别于11月11日和11月21 日在香港K11 MUSEA、广州天环广场揭幕；11月29日，500平米华为授权体验店·绵阳上马百盛店开业，而在10月18日，超2800平米的华为智能生活馆于 在杭州滨江天街亮相…… 不难理解，商场门店开开关关的动作，是消费者需求变迁、商场业态规划及品牌战略调整的综合映射，一定程度上代表着商业潮水的走势和消费市场变革 的方向。 以下，就让我们 ...

12月18日上午，小米创始人雷军正式宣布，小米17 Ultra将在下周正式发布。 下周要和我们见面的新机有：华为nova15系列将在12月22日（下周一）召开发布会，荣耀WIN系列定档12月26日（下周五）。小米17 Ultra的到来（预计是 12月25日发布），也是为小米的2025年画上一个完美的句号增添了。 这款备受期待的小米17系列"超大杯"机型，将在影像、性能、续航等多方面迎来全面升级，尤其在与徕卡的深度战略合作中取得了突破性进展，有望重新定 义移动影像的创作边界。 官方称这一系统将实现"移动影像长焦创作的颠覆性体验革新"，同时夜景画质表现也将获得"巨大进步"，特别是在高光抑制与暗部细节保留方面有突破性提 升。 小米官方透露，此次与徕卡的影像战略合作已进入全新阶段。其中最引人注目的是，小米 17 Ultra 将成为移动影像领域首款获得徕卡APO（复消色差）认 证的长焦镜头产品。 小米 17 Ultra 内部开发代号为"哪吒"（Nezha），外观延续了自小米 15 Ultra 以来标志性的圆形相机模组设计，在材质与工艺上进一步优化，采用一体化陶 瓷机身与蓝宝石玻璃镜片，兼具美学质感与耐用性。 APO技术 ...

此前，北京大兴国际机场和广州白云国际机场已开展ONE ID测试，旅客通过航司APP完成身份验证 后，可在有效期内无需重复核验证件直接刷脸通行。 客运方面，标准化、结构化的数据格式也可以显著提升供应链的可视性与透明度，加强了跨境协同与多 方决策同步，增强行业在复杂环境下的韧性与应变能力。目前，该标准正加快在区域内的规模化试点推 广，助力航空物流全面迈入数据驱动时代。截至今年年中，中国9家主要货运航空公司、十大机场、5家 IT服务商、10余家物流企业和华为、英特尔中国、菜鸟作为托运人参与试点。 解兴权曾在一场主旨演讲中表示："航空货运不仅面临数字化转型的压力，还需应对地缘政治、贸易摩 擦等多重挑战，同时满足日益严苛的监管要求。在此背景下，推动ONE Record这一数字货运标准的落 地尤为关键。未来，ONE Record将在技术打磨、政策支持、中小企业服务托管与行业协作中持续深 化，为航空物流生态构建新型数智基础。" 数字化转型不只是技术升级，更是全球航空运输网络的一次彻底重构。在解兴权看来，中国的数字化基 础设施和智慧民航为行业数字化奠定了很好的基础，在全球属于领先水平。 "当前全球航空业面临的一个核心任务，是 ...

数字时代，5G与AI重塑产业格局，光模块是光通信核心器件，DSP芯片作为高速光模块核心，决定数据传输速度与稳定性。该领域高端市场长期被国外 垄断，国内有成熟量产能力的光模块DSP芯片企业稀少。山东省财金创业投资有限公司对上海橙科微电子科技有限公司的投资，是一次精准导航与深度赋 能实践。 在财金创投公司赋能下，橙科微发展强劲。产品端形成清晰研发路线，市场端持续获华为订单，拓展客户，上市进程稳步推进，计划2028年底前完成上 市。 橙科微脱颖而出，源于技术积淀与清晰发展路径。其前身为2012年成立的山东橙科微电子，2017年落地上海，由归国博士王珲领衔创办，专注高速网络通 讯芯片研发销售，填补光通讯DSP/SerDes领域国产空白。作为国内出货量最大的光模块DSP芯片企业，已实现单通道50GDSP芯片批量出货，100GDSP芯 片进入测试阶段，产品应用广泛。 财金创投公司果断投资，展现发掘优质科创企业的眼光。光模块高速化趋势明确，全球市场超100亿美元，DSP芯片需求持续扩容。橙科微稀缺性突出， 是全球仅有的三家可实现50G及以上DSP量产的企业之一，技术壁垒显著，创始人王珲带领团队攻克技术难题，产品误码率控制领 ...

Core Viewpoint - The article discusses the crackdown on a criminal gang involved in orchestrating negative information about electric vehicle brands, highlighting the organized and industrialized nature of these activities [1][3]. Group 1: Criminal Activities - The gang was responsible for a large number of negative articles targeting companies like Xiaomi, Huawei, and Li Auto, which were characterized by organized efforts to distort facts and maliciously defame these brands [1][6]. - The operation involved creating fake consumer experiences and amplifying isolated issues through manipulated content, severely damaging brand reputation and disrupting normal business operations [1][3]. Group 2: Investigation and Arrests - After a thorough investigation, the police identified over 3,000 negative articles linked to accounts with suspicious activity patterns, indicating a systematic operation likely run by "internet water armies" [3]. - The police analyzed over 80,000 pieces of online information and traced more than 100,000 financial transactions to uncover the gang's structure and operational methods, leading to the arrest of 12 suspects and the seizure of over 1 million yuan in illicit funds [3][6]. Group 3: Industry Response - Li Auto's legal department reported a surge in organized attacks against the company, emphasizing the serious implications of these actions on consumer trust and corporate reputation [6]. - In September, a joint initiative by multiple government departments was launched to address online chaos in the automotive industry, focusing on illegal profit-making, exaggerated claims, and malicious defamation [9].

开幕式由大会主席、下一代互联网国家工程中心主任刘东主持。国家数据局数字科技和基础设施建设司 李建国副司长、北京市政务服务和数据管理局党组成员副局长彭雪海、中国互联网协会副理事长兼常务 副秘书长陈家春、中国电子技术标准化研究院范科峰副院长、澳门科技大学李行伟校长等嘉宾在开幕环 节致辞。与会嘉宾表示，进入人工智能时代，需通过技术创新、标准协同与制度完善，破解数据孤岛、 安全风险等难题，推动数据要素在各行业高效合规流通，为数字经济高质量发展注入强劲动力。 在主旨演讲环节，多位权威专家围绕"AI时代的数据基础设施"展开深入分享。中国工程院院士、国家数 据专家咨询委员会主任邬贺铨系统阐述数据基础设施的构成与建设要点，涵盖数据采集、存储、编目、 预处理、接入调用等全流程，强调可信数据空间、隐私计算、智能体技术的核心作用，提出数据从静态 资产向动态智能生态演进的发展方向;中国社科院大学教授、国家数据专家咨询委员会主任江小涓认为 数据要素市场化配置需以分布式创新为主要形态，通过多方契约、技术规则、技术同盟等模式实现数据 价值释放，强调应明确"必须为"与"不得为"清单，在公共数据利用中平衡公益与产业需求;下一代互联 网国家工程 ...

如果盘点2025年，投资热情最高，资金集中度拉满的赛道，必然无法绕开AI玩具。 作为大模型成熟之后，商业化落地最便捷的领域，被赋予「AI灵魂」的「智能玩具」，过去两年成为创业热情最高涨的所在。一批 新公司密集涌现，顺势点燃了机构的投资热情。 或者说，在经历AI六小龙的短暂辉煌继而快速沉寂之后，大家不得不接受一个现实：大模型通用APP的机会还是掌握在阿里、字节 和腾讯等大公司手里。 但是大模型水平已经越来越成熟，token消耗量摆在那里，总要找到新的应用机会。AI玩具就是被证明，有市场需求，产业链也有支 撑，能快速交付产品并推向市场的理想投资赛道。 根据Statista的预测数据，2024年全球AI玩具市场规模已接近200亿美元。预计未来十年内，市场将以约14%—16%的复合年增长率持 续攀升，到2030年，全球AI玩具市场规模将有望达到351.1亿美元，到2034年可能突破600亿美元。 投资机构终于迎来久违的一次狂欢。甚至一些此前在一线市场并不是很活跃的生面孔，也开始出现在融资新闻。 毕竟，没有投资人愿意错过下一个「Labubu」。 AI玩具赛道融资双雄 与自创立起便以打造新一代的人机交互硬件OS的灵宇宙不 ...

Investment Rating - The industry investment rating is "Buy" [3] Core Insights - The report highlights the potential of HBF (High Bandwidth Flash) technology to meet the memory capacity requirements of AI large models, which have been increasing due to the growth in model parameters and context lengths [13][20] - Companies with a database technology foundation are well-positioned to develop data infrastructure software based on HBF, with major players including Huawei and Alibaba, as well as independent firms like StarRing Technology and PingCAP [29][32] - The maturity of HBF technology is expected to drive the application of related data infrastructure software, particularly in AI inference tasks [33] Summary by Sections HBF Technology Development - HBF is anticipated to become the optimal solution for meeting the memory capacity demands of AI large models, as current HBM (High Bandwidth Memory) solutions are insufficient [20][23] - The first batch of HBF samples is expected to be delivered in the second half of 2026, with integrated AI inference hardware projected for early 2027 [23] Data Infrastructure Software Opportunities - The report identifies a growing need for data processing software that can handle the high memory requirements of various AI models, particularly large language models and video generation models [28][30] - Companies with existing database technology capabilities are likely to develop software optimized for HBF, enhancing their competitive edge in the market [29][32] Key Company Valuations and Financial Analysis - StarRing Technology (688031.SH) has a current price of CNY 97.99 with a rating of "Increase" [8] - Cambricon (688256.SH) is rated "Buy" with a target value of CNY 1480.92, reflecting strong growth potential [8] - Inspur Information (000977.SZ) is rated "Increase" with a current price of CNY 62.85 [8] - Unisplendour (000938.SZ) is rated "Buy" with a target value of CNY 39.18 [8]