2月24日，春节后开工第一天，成都市召开"新春第一会"——成都市推进重点产业链高质量发展工作会 议，聚焦17条重点产业链，推动产业优势转化为发展动能。这场备受瞩目的会议选择用"链动未来"这一 主题开启新一阶段的工作。 《中国经营报》记者了解到，成都产业链已经形成系统布局。2025年，成都地区生产总值达到2.48万亿 元，以5.8%的增速领跑全国十强城市及15个副省级城市，成都的"9+9+10"现代化产业体系正在逐步完 善。 成都卡诺普机器人技术股份有限公司副总经理邓世海参加了此次"新春第一会"，他在接受记者采访时表 示："通过新春第一会的引导，可以带来更多机会，极大地助力企业发展。"在他看来，机器人产业发展 离不开完整的产业链支撑，"产业链的完整，会让我们的研发周期变短，生产效率变高。同时，在这种 试生产环境上，更容易发现问题与解决问题，这对于产品竞争力来说非常关键"。 千亿级产业链增至13条 17条重点产业链的链主企业"一企带一链、一链成一片"，有力支撑起成都"9+9+10"现代化产业体系发展 壮大，特别是在新型显示、传感芯片、无人机、太空卫星等领域创造了多个"全球首款""全国首个"，推 动人工智能、低空经 ...

格隆汇2月24日丨铂力特(688333.SH)在投资者互动平台表示，公司和国星宇航有合作。 ...

Investment Rating - The report suggests a focus on the space computing industry chain, particularly on upstream and downstream core segments, indicating a positive investment outlook for the sector [8]. Core Insights - Space computing represents a new paradigm of deploying computational facilities in Earth's orbit, transforming the traditional "ground-based computing" into "space-based computing" by utilizing distributed orbital computing clusters [5][6]. - The advantages of space computing include the use of continuous solar energy and near-absolute zero cooling environments, which effectively address the energy and heat dissipation bottlenecks faced by ground data centers [6][7]. - The U.S. is leading the charge with technology companies driving advancements, while China is following a government-led approach with collaborative development across academia and industry [7][8]. Summary by Sections Space Computing Overview - Space computing is characterized by the deployment of computational infrastructure in orbit, leveraging radiation-resistant chips and inter-satellite laser communication to create distributed computing clusters [5][13]. - This model allows satellites to evolve from mere data relays to intelligent nodes, enabling real-time data processing and decision-making in orbit, significantly reducing transmission delays [6][16]. Market Dynamics - The rise of space computing is driven by the exponential growth in global computing demand, particularly under the influence of AI, while traditional data centers face significant energy and cooling challenges [6][24]. - The market for space computing is projected to reach $100 billion by 2030, with a recommendation to focus on key segments such as rocket and satellite manufacturing, laser communication, and space computing chip suppliers [8][24]. Competitive Landscape - Major players in the U.S. include SpaceX, which is developing large-scale space data centers, and other tech giants like Google and Amazon exploring space computing ecosystems [7][8]. - In China, significant projects are underway, including the Beijing GW-level space data center and the "Three-Body Computing Constellation" initiative, indicating a robust governmental push towards space computing [7][8]. Investment Recommendations - The report emphasizes the importance of monitoring the entire space computing industry chain, particularly focusing on core suppliers in rocket and satellite manufacturing, laser communication, and space photovoltaic suppliers [8][24]. - Specific companies recommended for investment include leading firms in laser communication and space photovoltaic technologies, as well as suppliers for SpaceX and space computing chips [8].

来源：洪泰Family —— 洪泰基金创始合伙人、董事长 盛希泰 NO.1 洪泰基金年度总结 01/ 募投退全方位提升 募 新成立股权投资基金基金5只，投资方向涵盖人工智能应用、智能制造、数字经济、半导体和硬件、超 导、新材料、能源等领域，获得了包括险资、母基金、国有企业、民营企业等多元投资人的信赖和支 持。 投 HONGTAI Aplus "当2026年春节的脚步临近，我总忍不住回望过去一年的波澜壮阔。深耕投行、证券与投资领域三十 载，我亲历过中国资本市场的潮起潮落，见证过互联网产业从萌芽到崛起、从迭代到重构的完整周期， 却从未有哪一年，像2025年这样，让我如此真切地感知：一个划时代的转折，正以滚烫而坚定的姿态， 扑面而来。" 投资项目27个，主要聚焦在半导体和硬件、具身智能机器人、智能制造、商业航天、人工智能等新星技 术方向的高成长性项目，其中超过70%的项目在交割当年申报IPO或者完成新一轮融资 退 退出项目数量42个，2025年完成IPO或者正在IPO中的项目超过20个，包括摩尔线程等明星项目，在辅 导中计划1年内提交IPO申请的项目20余个，投资退出持续有活水。 融 据相关统计，44家洪泰Faml ...

嘉宾们佩戴的证件别具新意：一张微缩版的"蓉港高铁车票"。始发站是香港，终点站是成都，每一位参 与者都是这场"双向奔赴"的见证者与同行人。桌上精美的剪纸，则是一幅无声的融合诗篇——成都的芙 蓉与香港的紫荆，枝蔓相连。 TVB艺人唱响的《红日》《海阔天空》，是香港狮子山精神的澎湃回响；川剧名家演绎的《别洞观 景》，是天府文化千年风雅的现代表达。当《铁血丹心》的粤语豪情与《成都》的市井温情巧妙编串， 产生一种奇妙的和谐。活动尾声，全体合唱《明天会更好》。电视广播有限公司（TVB）市场及营业部 高级业务主管廖婉仪说，成都历史底蕴深厚，美食和各类IP众多，希望可以在更多领域一起合作。 会上，成都市投资促进局还进行投资环境推介，全面展示成都作为国家中心城市的综合实力与发展韧 性。现场发布的《成都市"立园满园"投资机会清单》和《"蓉品出海"机会清单》，分别聚焦人工智能、 金融科技等17条重点产业链，系统释放了288个优质项目机遇，为港资精准融入成都"3+22+N"产业生态 提供了清晰导航；围绕"成都造"优品，梳理了工业、农业、文创三大类共计700余个重点产品，旨在借 助香港的独特优势，助力"蓉品"通达全球。 香港贸易发展局 ...

这不只是一句夸张的口号。 "中国下一个大基建，在太空建数据中心。 百万颗卫星、每年1太瓦算力、1.5万亿美元估值……2026年初，马斯克扔出了一系列重磅炸弹。 1月30日，SpaceX向美国联邦通信委员会（FCC）提交了一份史上最大规模的卫星星座申请——百万级太空AI数据中心计划正式启动。 在太空近乎无限的太阳能与绝对零度的真空冷却加持下，马斯克称，未来AI训练将在轨道上运行，速度更快，成本更低，几乎无需电网、空调、地皮和 散热塔。地面算力的时代，正在被悄悄终结。 但这场AI算力竞赛，中国不会旁观。 1.这盘大棋怎么下？ 不久前，北京市科委与中关村科学城管理委员会联合发布了一份足以引爆科技圈的文件——《太空数据中心建设规划方案》。这标志着中国正式将科幻构 想推入产业前沿：计划在距离地球700至800公里高的晨昏轨道上，部署大型服务器集群，建设真正的"太空数据中心"。 据了解，整个系统设计为"空间算力-中继传输-地面管控"三大分系统构成的闭环体系。据规划披露，单个太空数据中心未来可容纳百万卡级别的GPU/TPU 计算单元，相当于将今天一个超大型数据中心压缩到卫星平台上。 几天后，他又宣布将AI公司xAI并入Sp ...

Investment Rating - Industry Rating: Recommended [4] Core Insights - SpaceX completed a full stock acquisition of xAI in February 2026, creating a trillion-dollar space and AI giant with a combined valuation of $1.25 trillion, marking a significant integration of aerospace and AI technologies [1][19][20] - Musk predicts that within 2-3 years, space will become the lowest-cost area for AI computing globally, with annual AI computing in space expected to exceed Earth's total within five years due to significant advantages in energy efficiency and cooling [2][15][35] - China's space computing industry is developing through a state-led strategy, achieving early breakthroughs, including the launch of the first AI model satellite in September 2024 and plans for a network of 2,800 satellites by 2035 [6][47][51] Summary by Sections Section 1: SpaceX Acquisition of xAI - SpaceX's acquisition of xAI is the largest cross-sector integration in tech history, enhancing its capabilities in AI and space operations [1][19] - The merger allows for resource synergy, with SpaceX providing launch and communication support while xAI contributes advanced AI models [21][28] Section 2: Cost of Space Computing - Space is expected to become the lowest-cost area for AI computing due to high solar energy efficiency and low cooling costs, with predictions of significant operational advantages over terrestrial data centers [2][15][35] - Current challenges include high rocket launch costs and equipment radiation resistance [2][46] Section 3: China's Space Computing Layout - China's approach contrasts with the U.S. by focusing on a coordinated national strategy, achieving significant milestones in space computing [6][47] - The "Star Computing Plan" aims to deploy 2,800 satellites by 2035, with ongoing projects demonstrating advanced capabilities in AI processing [51][52] Section 4: Investment Recommendations - Beneficial stocks include SpaceX and North American companies such as Western Materials and Xunwei Communication, as well as satellite and space computing firms like Shunhao Co. and Dongfang Risheng [7][17][18]

Investment Rating - The report maintains a "Positive" investment rating for the software and services industry [9] Core Insights - The computer sector experienced a significant pullback, with an overall decline of 4.31%, ranking 28th among primary industries in the Yangtze River region, and accounting for 7.03% of total market turnover. AI infrastructure-related stocks were notably active [2][6][17] - The report highlights the inflation of computing infrastructure, the emergence of space computing, and advancements in brain-computer interface technology as key trends [7][22] - The launch of the AI Agent social platform, MoltBook, marks a significant development in the 2C entry and high-value scenarios, indicating a potential acceleration in the commercialization of AI agents [8][50] Summary by Sections Market Performance - The computer sector saw a substantial decline of 4.31% last week, with the Shanghai Composite Index also experiencing a slight pullback of 0.44% [6][17] - AI infrastructure-related stocks showed notable activity, with specific companies like Wangsu Technology and Hongjing Technology seeing significant gains [19][20] Key Trends - The report identifies three main trends: inflation in computing infrastructure, the development of space computing, and advancements in brain-computer interface technology [7][22][31] - The "Star Computing·Intelligent Connection" seminar held in Beijing emphasizes collaborative efforts to advance space computing technology [31][34] Investment Opportunities - The report suggests focusing on high-value scenarios in both 2C and 2B sectors, including healthcare, taxation, legal services, coding, office applications, advertising, and e-commerce [8][30] - The introduction of personal assistants like Clawdbot is expected to drive localized deployment demand in households [8][30] Brain-Computer Interface Developments - The National Medical Products Administration approved two projects for revising standards related to brain-computer interface medical devices, indicating a favorable policy environment for the industry [38][41] - The rapid approval of these standards reflects the urgent need for regulatory frameworks to support the high-quality development of brain-computer interface technologies [41][42] AI Agent Commercialization - The report anticipates 2026 to be a pivotal year for AI agents, with significant advancements in their capabilities and potential applications across various sectors [50][54] - The emergence of platforms like MoltBook demonstrates the evolving role of AI agents from mere tools to autonomous entities capable of social interaction and collaboration [50][54]

四川在线记者 李媛莉 李寰 李天锐 "加快建设西部商业航天港"，写在2026年四川省政府工作报告里的这句话，是要为载客上太空造"车 站"的意思？ 1月，演员黄景瑜官宣成为中国内娱首位商业太空游客。花300万船票，他预计在2028年搭乘国产飞船奔 赴亚轨道太空。这一消息惹全网眼红的时候，我们注意到，原来四川的产业布局早已悄然展开。在2026 年四川省两会上，"太空游"也是代表委员热议的内容。 2月6日，四川在线记者李媛莉、李寰、李天锐，带着从会场上获得的消息及建议，一起聊聊"太空梦"何 时在四川照进现实？ 李寰：黄景瑜都要游太空了，我好久等得到机会呢？政府工作报告都说了，加快建设西部商业航天港， 不就是要在四川给遨游太空建港口么！ 李媛莉：商业航天可不是坐飞机。上天和上太空的技术路径完全不一样，上太空的技术门槛太高了。 李媛莉：两位说的实力确实杠杠的。但商业航天是个极其复杂的系统工程，四川能在2028年送人上太 空，追上黄景瑜吗？ 李寰：首先，四川的优势的确很明显。但确实也存在短板，有技术上卡脖子的问题，也有突出的产业链 短板。比如我从资阳代表团了解到的情况，当地核心企业只有两家，主要做火箭总装测试，关键工序没 ...

（来源：经济参考报） 国新证券研报显示，从全球范围看，Starcloud计划将发射成本控制在每公斤500美元以下，SpaceX星舰 更提出将成本压缩到10至150美元/公斤，这大大降低了天基设施的部署门槛。 此外，太空算力已被全球主要国家视作战略竞争的新领域，国内外航天巨头、商业航天公司基于长远产 业判断进行体系化投入，风险资本也在加速布局。 国星宇航执行副总裁赵宏杰表示，"星算"计划01组太空计算中心已于2025年5月成功发射，完成关键技 术验证；02组、03组已投产，计划2026年实现轨道部署。"企业将依托已获批的卫星频轨资源，持续深 耕全球化的太空计算与数据服务。"他说。 放眼全球，SpaceX、谷歌、亚马逊等企业正将自身在地面云计算、AI芯片和卫星运营方面的优势向太 空延伸，Starcloud等初创公司专注于轨道数据中心等细分场景，共同构建起从底层硬件到上层服务的完 整创新链。 分析人士认为，太空计算有望重构整个太空产业的商业生态。杨雷说，向上游，它牵引着抗辐射芯片、 高可靠计算模块等核心硬件技术的突破；向下游，则催生了"轨道边缘计算"这类新模式，极大提升了遥 感、通信等服务的时效性和经济性。 商业化 ...