AITO、阿维塔、东风标致、东风日产、广汽传祺、鸿蒙智行、红旗汽车、极氪、吉利汽车、吉利银 河、LynkCo、深蓝汽车、沃尔沃汽车、智己汽车(按首字母排名)等数十家车企近期已在鸿蒙5系统上线 桌面服务卡片功能！车主绑定车辆后，无需打开汽车App，直接在华为手机桌面点击卡片即可一键控制 车辆，彻底告别繁琐操作。不仅能更高效地满足大家高频、即时的用车需求，还为广大车企提供了更便 捷的控车解决方案。 借助这一功能，车主无需再翻找并打开汽车App，只需提前绑定车辆，即可在手机桌面通过服务卡片实 时查看车辆状态、车辆位置、续航里程等，并进行远程解锁、启动引擎、开/关空调、开/关尾门、开/关 车窗甚至一键救援等常用操作。无论是在停车场找车，还是在炎热的夏天提前开启车内空调，都能在手 机桌面轻松完成，让出行快人一步！ 伴随鸿蒙生态日新月异，接下来更多车企都将兑现用户心愿，支持桌面服务卡片功能，为鸿蒙5用户带 来前所未有便捷高效的"车生活"新体验。 ...

Investment Rating - The report rates the electronic industry as "Outperform" compared to the market [1]. Core Insights - The electronic industry index increased by 0.28% over the week, outperforming the Shanghai Composite Index, which decreased by 1.75% [2]. - The report highlights the significant advancements in Huawei's Ascend series, particularly the launch of the Ascend 910C CloudMatrix 384 at WAIC 2025, showcasing its high bandwidth and low latency capabilities [5][6]. - The report suggests focusing on domestic semiconductor foundry companies like SMIC and optical module companies like Zhongji Xuchuang, which are expected to benefit from the growing demand for AI computing infrastructure [8][20]. Summary by Sections 1. Industry Performance - The SW electronic industry index ranked 4th out of 31 sectors, with the top five performing sectors being pharmaceuticals (+2.95%), communications (+2.54%), media (+1.13%), electronics (+0.28%), and social services (+0.10%) [2][34]. - The top three sub-sectors within the electronic industry were printed circuit boards (+9.65%), analog chip design (+1.83%), and discrete devices (+1.73%) [2][37]. 2. Huawei's Ascend Series Development - Huawei's Ascend series has seen continuous breakthroughs since the launch of the Ascend 910 chip in 2018, with significant performance improvements in subsequent models [6][11]. - The Ascend 910C, launched in 2025, supports trillion-parameter model training and features a memory bandwidth exceeding 3TB/s [6][12]. 3. Technological Advancements - The Ascend 384 SuperNode architecture utilizes a peer-to-peer bus to interconnect 384 NPUs and 192 Kunpeng CPUs, achieving a one-way bandwidth of 392GB/s and a latency of less than 1 microsecond [7][12]. - Compared to NVIDIA's GB200 NVL72, the Ascend 910C demonstrates superior system-level performance, with a BF16 computing power of 300 PFLOPs and a memory capacity of 49.2TB [19]. 4. Investment Recommendations - The report recommends monitoring SMIC and Zhongji Xuchuang as they are positioned to benefit from the domestic semiconductor and optical module markets, respectively [8][21]. - SMIC is advancing its 7nm process technology, while Zhongji Xuchuang leads the global market in optical modules, expected to see increased sales of high-end products [20][21].

温馨提示： * 请 会 员 单 位 通 过 会 员 登 陆 平 台 下 载 或 邮 件 接 收 此 份 报 告 。 * 如 需 了 解 更 多 相 关 信 息 ， 请 订 阅 C I N N O Re s e a r c h 《 月 度 中 国 智 能 手 机 盖 板 市 场 分 析 报 告 》 。 分类： 会员服务—中国智能手机盖板月度市场发展趋势概况 主题： 国内市场智能手机复合材料后盖渗透率连续三季度稳定在10%以上 概要： 内容涵盖中国市场各类材质前后盖在各类技术别智能手机中的搭载量及渗透率变化趋 期数： 2025年7月刊 势，具体分析中国市场主要品牌智能手机前后盖规格别销量和占比情况。 大纲： 1 . Q1 ' 2 3~Q2 ' 2 5 中国市场智能手机后盖渗透率变化趋势 2 . Q1 ' 2 3~Q2 ' 2 5 中国市场智能手机玻璃后盖搭载量品牌占比情况 3 . Q1 ' 2 3~Q2 ' 2 5 中国市场智能手机复合材料后盖搭载品牌占比情况 4 . Q1 ' 2 3~Q2 ' 2 5 中国市场智能手机后盖规格别均价走势 5 . Q1 ' 2 3~Q2 ' 2 5 中国市场苹果智能手机后盖规格别 ...

早盘A股小幅震荡，机器人概念异动拉升。 机器人概念集体走强 早盘，机器人概念异动拉升，中大力德直线涨停，股价再创历史新高，高德红外盘中涨停，国瑞科技、机器人、安车检测等涨超10%。 消息面上，宇树科技发布新款四足机器狗产品Unitree A2，整机约37千克，空载续航20km。A2最大奔跑速度5米/秒，最大攀爬高度1米。 今日，上海市人民政府办公厅印发《上海市具身智能产业发展实施方案》。其中提到，按照"模型驱动、应用示范、群链协同、开源生态"的总体思路，通 过布局重大技术攻关、建设典型应用示范、构建产业特色集群、打造开源优质项目，到2027年，实现具身模型、具身语料等方面核心算法与技术突破不少 于20项；建设不少于4个具身智能高质量孵化器，实现百家行业骨干企业集聚、百大创新应用场景落地与百件国际领先产品推广，我市具身智能核心产业 规模突破500亿元。 《实施方案》提到，招引和培育一批优质企业、产业生态主导型企业，对销售或租赁具身智能机器人的企业，根据合同额按规定给予最高5%且不超过500 万元的奖励。深化与央企国企战略合作，推动一批区域总部、功能总部落户，支持行业优质企业、科技和互联网大型企业等在沪设立具身智 ...

ESG重构国际贸易，中国企业如何破局？ 在欧盟碳边境调节机制生效的第78天，宁波某光伏企业价值2.3亿欧元的货物因未通过ESG合规审查滞港，每天产生17万元滞港费。这个真实案例揭开了全 球产业链重构的冰山一角——ESG标准正在重塑国际贸易规则，中国企业面对的不仅是技术壁垒，更是一场关于可持续发展能力的全方位较量。 一、ESG规则体系的全球性重构 （1）政策监管网络加速收紧 欧盟构建的"三位一体"监管框架（CSRD、CBAM、CSDDD）正在形成全球示范效应。CSRD要求超过500名员工的企业自2024年起强制披露气候风险、生物 多样性等16项ESG指标，覆盖全球5万家跨国公司及其供应链。这意味着中国10万家对欧出口企业将面临数据追溯压力，某温州皮革厂因无法提供皮革鞣制 环节的碳排放数据，痛失ZARA年度订单。 （2）资本流向的结构性转变 彭博数据显示，2023年全球ESG债券发行量突破1.2万亿美元，绿色信贷利差较普通贷款低50-150个基点。宁德时代通过发行绿色ABS债券，将融资成本压缩 至3.2%，较行业平均水平低1.8个百分点。这种"绿色溢价"正在重构全球资本配置逻辑——摩根士丹利资本国际（MSCI）E ...

Group 1 - The majority of robotics concept stocks have risen, with notable increases in companies such as MicroPort Robotics-B (up 5.21% to HKD 22.22), SUTENG (up 4.54% to HKD 33.6), and UBTECH (up 4% to HKD 101.3) [1] - Recent catalysts in the robotics sector include the launch of the new quadruped robot Unitree A2 by Yushu Technology, which weighs approximately 37KG, has a range of about 20KM, a maximum running speed of 5m/s, and a climbing height of 1m [1] - The Shanghai Municipal Government has issued a development plan for the embodied intelligence industry, aiming to establish a collaborative cultivation mechanism and accelerate the layout of the entire industry chain in the Pudong Zhangjiang area [1] Group 2 - The 2025 World Robot Conference is set to open on August 8 in Beijing, featuring over 100 new products, nearly double the number from last year [2] - Major technology companies like Tesla, Huawei, and Figure AI are expected to drive rapid advancements in the humanoid robot sector, with mass production and large-scale applications on the horizon [2]

Core Insights - The article highlights the transformative impact of the HarmonyOS on urban development in Beijing, particularly in government services, consumer experiences, and cultural tourism [1] Government Services - The "Beijing Traffic Police" HarmonyOS application has streamlined the process of handling traffic violations, reducing the time required from potentially over ten minutes to just a few minutes by automating data entry through document scanning [2] - The "Jingban" platform, which integrates over 400 government service systems, enhances inter-departmental collaboration and significantly improves the efficiency of administrative processes [3][4] - The adoption of nearly a thousand applications compatible with HarmonyOS has created a seamless experience for citizens, allowing them to access government services across various devices [4] Consumer Experience - HarmonyOS has revitalized consumer experiences in retail by enabling smart services that provide personalized offers and indoor navigation, enhancing shopping efficiency [5][6] - The integration of HarmonyOS in shopping malls has led to innovative marketing strategies, such as interactive light shows that engage consumers and drive sales [6] - In the travel sector, the HarmonyOS has introduced features like one-click login and real-time flight information, improving the overall travel experience [7] Cultural Tourism - The HarmonyOS supports the cultural tourism sector by offering advanced services like the "National Museum" meta-service, which allows users to access exhibition information and book tickets through their devices [8] - The system's centimeter-level positioning technology enhances visitor engagement in museums by providing personalized content based on proximity to exhibits [9] - In smart hotels, HarmonyOS facilitates a seamless check-in process and allows guests to control room settings through voice commands, improving service quality and operational efficiency [10] Technological Advancements - The distributed architecture of HarmonyOS enables seamless connectivity and collaboration between devices, enhancing user experience and efficiency [11] - The open and inclusive ecosystem of HarmonyOS attracts developers and businesses, fostering rapid growth and innovation within the digital economy [11]

Group 1 - OpenAI, Google, and Anthropic have been included in the U.S. government's AI supplier list, facilitating the adoption of enterprise AI technologies across federal agencies [1] - Nvidia's computing chips have been reported to have serious security issues, particularly affecting data center operations in China, prompting the Chinese government to engage with Nvidia to ensure network and data security [1] - The Chinese government is pushing for domestic alternatives in computing infrastructure, benefiting local chip manufacturers like Huawei's Ascend series [1] Group 2 - China Unicom has initiated a server procurement tender, with a projected domestic product ratio exceeding 90% by 2025, indicating a significant increase from previous levels [1] - The "Xinchuang" sector is experiencing a recovery, with an increase in the number and scale of tenders, reflecting positive growth in the industry [1] - The Xinchuang industry is transitioning from policy-driven to a dual-driven model of policy and market, with significant growth expected in market size by 2026 [2] Group 3 - The Xinchuang ETF fund is focused on the self-controlled information technology sector, tracking the CSI Xinchuang Index, which covers key areas of the Xinchuang industry [6] - The investment logic for the Xinchuang sector includes geopolitical factors, increased local government debt efforts, technological breakthroughs by domestic manufacturers, and the refinement of procurement standards [7]

Core Viewpoint - The article highlights the transformative impact of the HarmonyOS on various sectors in Beijing, including government services, consumer experiences, and cultural tourism, contributing to the city's digital economy and smart city initiatives [1]. Government Services - The implementation of the HarmonyOS in government services has significantly improved efficiency, as seen in the "Beijing Traffic Police" app, which allows users to complete traffic violation processes in just a few minutes through automatic data recognition [4][5]. - The "Jingban" platform, which integrates over 400 government system interfaces, facilitates cross-departmental collaboration, enhancing the overall efficiency of urban governance [4][5]. - The platform also offers features like smart reminders and online communication, streamlining interactions between businesses and government departments [5]. Consumer Experience - HarmonyOS has revitalized consumer experiences in retail, with features like smart consumption guidance and indoor navigation in shopping areas, enhancing shopping efficiency and customer satisfaction [7][8]. - During promotional events, innovative marketing strategies utilizing HarmonyOS technology have successfully attracted consumers and increased sales, demonstrating a new model for retail engagement [9]. Cultural Tourism - The HarmonyOS supports the cultural tourism sector by providing advanced services such as centimeter-level positioning and personalized content delivery in museums, enhancing visitor engagement and educational experiences [11][12]. - The introduction of "meta-services" allows users to access museum information and services seamlessly through their devices, improving accessibility and visitor interaction [11]. - Smart hotel solutions powered by HarmonyOS offer features like zero-second check-in and voice-controlled room settings, significantly enhancing guest experiences and operational efficiency [13]. Ecosystem Development - The HarmonyOS ecosystem is rapidly expanding, with nearly a thousand applications adapted to the system, promoting a seamless and secure experience across various devices [6]. - The Ministry of Industry and Information Technology emphasizes the importance of increasing app availability on the HarmonyOS platform to build a robust digital economy infrastructure [6]. - The distributed architecture of HarmonyOS enables seamless connectivity and collaboration among devices, improving user experience and attracting developers to the ecosystem [14].

随着特朗普在第二任期掀起大规模关税战，中国企业的"出海"问题再次成为学界、业界乃至政府管理部门关注的焦点。这一问题之所以重要，是因为它不 仅仅是企业微观层面的战略选择与经营之道，也关乎国家宏观层面的开放发展与竞争力格局的塑造。 企业"出海"是指国内企业走出国门，到海外投资经营、拓展市场，实现国际化的运作及战略。企业可以选择的"出海"方式多种多样，包括贸易出口、对外 投资等。狭义的"出海"就是指对外直接投资（OFDI），包括绿地投资（greenfield FDI）与跨境（或跨国）并购（cross-border M&A）。下面重点从OFDI 的视角观察中国企业的"出海"表现。 首先看宏观数据，根据2024年联合国贸易和发展会议（UNCTAD）的《世界投资报告》，2023年中国的OFDI流量总额为1478.5亿美元、占全球的比重达 到9.54%，居第三位，仅次于美国（4043.16亿美元、占26.08%）和日本（1840.22亿美元、占11.87%）。从图1可以看出，在中国加入WTO之前，中国的 OFDI始终处于比较低的水平，但吸引外资（IFDI）增长迅速；加入WTO之后，中国的OFDI开始发力，增速超过IFDI。 ...