走进位于青岛市即墨区的青岛卓英社科技股份有限公司生产车间，工人们正在赶制一批聚氨酯材料订 单。"我们依靠自主研发，建成国内先进的聚氨酯泡棉生产线，并开发出高性价比的国产高密度聚氨酯 产品，打破了国外企业在该领域的技术垄断。"青岛卓英社董事长王恩辉介绍。 成立于2005年的青岛卓英社，是一家专业从事背光模组光学材料、电磁材料、高分子材料、LED面光 源、汽车电子及其他光电产品研发制造的企业，目前已与国内外300多家企业建立了合作关系。从初创 时一家仅有3人的小作坊，发展成拥有80条产品线、98项各类专利、899名员工的国家级高新技术企业、 国家级专精特新"小巨人"企业，王恩辉总结说，"企业的生命力来自不断科技创新"。 从零起步 1997年，中国家电行业进入快速发展时期，国内市场需要进口大量电子元件。看准这一机遇，王恩辉毅 然辞掉山东莱阳绢纺厂车间主任职务，到珠海、深圳从事电子元件进口贸易，一干就是8年。 攻克难关 聚焦关键核心技术不断攻坚，是青岛卓英社在创新之路上越走越远的秘诀。 聚氨酯泡棉作为一种由发泡涂布工艺制备而成的高分子材料，具有密封、缓震、防尘等优异效能，广泛 应用于电子通信、扬声器、电路板等产品制造 ...

科技创新离不开科研人员持久的投入，保障科研工作就是保护创新。不让繁文缛节把科学家的手脚捆 死，不让无穷的报表和审批把科学家的精力耗尽，还需各方凝聚共识、协同努力，最大限度激发科技人 员创新活力。 （文章来源：经济日报） 科研管理的初心是服务、支撑创新。破解当前困局，科研管理部门要主动转变作风，在管理上做减法， 在服务上做加法，摒弃僵化的官僚主义与"合规压倒一切"的形式主义，尽可能减少非必要的干扰，让科 研人员从繁琐、不必要的体制机制束缚中解放出来。 科学研究是一个复杂的智力探索过程，有其自身规律和特点。为科研人员松绑减负，关键是要给予其更 多信任和选择权。为此，一方面要继续完善符合科研活动规律的评价制度和科研管理"负面清单"制度； 另一方面，要加强科研诚信制度体系建设，对触碰科研经费使用与管理"红线"的违规行为严肃处理，让 科研人员知规守规。同时，还可充分利用数字化手段，如构建共享信息平台、应用智能审核等，最大限 度减少重复填报和无效劳动。 "项目结题的几大箱档案都弄好了，突然通知我们不合格——订书钉没有用不锈钢的！只能重新装 订。"近日，某科研院所研究团队的遭遇引发热议。近年来，中央三令五申要为科学家松绑减 ...

Core Viewpoint - Qingdao Zhuoying Technology Co., Ltd. has successfully developed advanced polyurethane foam production lines and high-density polyurethane products, breaking the foreign monopoly in this field through independent research and development [1][4]. Company Development - Established in 2005, Qingdao Zhuoying has grown from a small workshop with 3 employees to a national high-tech enterprise with 80 product lines, 98 patents, and 899 employees [1]. - The company has formed partnerships with over 300 domestic and international enterprises, emphasizing continuous technological innovation as the lifeblood of the business [1][2]. Market Demand and Innovation - The demand for key shielding materials in the electronics industry has increased, prompting the company to innovate its production processes, which led to a sales revenue exceeding 50 million yuan within three years [2]. - The company adopts a proactive approach to research and development, initiating projects with a success probability as low as 20% and investing when the probability reaches 40% [2]. Product Development - Qingdao Zhuoying has developed optical films for LCD displays, which were previously reliant on expensive imports, by collaborating with Hisense Group to establish a research institute for optical materials [3]. - The company has successfully produced over 40 million square meters of optical films annually, establishing itself as a major player in the large-size optical materials processing market [3]. Technological Advancements - The company has built four production lines for polyurethane foam products, developing over 200 specifications and models, while achieving a cost reduction of over 30% compared to foreign products [5]. - Qingdao Zhuoying has established a high-level R&D team and a technical platform capable of various design and simulation capabilities, launching new product series approximately every two years [5]. New Product Innovations - The company has developed temperature-sensitive color-changing glass, which adjusts its color based on light intensity, enhancing user experience in public transport environments [6]. - This innovative glass incorporates a smart energy-saving film that blocks 99.5% of UV rays and 85% of infrared rays, addressing industry challenges of maintaining transparency while providing functionality [7]. Future Directions - The company plans to further explore automation potential in its production lines, with over 20 new automation projects in the pipeline, transitioning from traditional manufacturing to intelligent manufacturing [7].

Group 1 - The core viewpoint of the article emphasizes the optimistic outlook for the lithium battery sector in the second half of the year, driven by technological innovations such as solid-state batteries and a bottom-up improvement theme influenced by "anti-involution" trends [2][5][8] - The solid-state battery sector is highlighted as a key investment opportunity, with expectations for breakthroughs in commercialization within the next 3 to 5 years, particularly in markets like robotics and wearable electronics [3][4] - The "anti-involution" theme indicates a gradual improvement in the supply-demand relationship within the lithium battery industry, with leading companies like CATL and EVE Energy showing signs of improved capacity utilization and operational data [5][6] Group 2 - New demand in the lithium battery sector is emerging from various applications, including commercial vehicle electrification and artificial intelligence data centers (AIDC), which are expected to drive significant growth [4][7] - The global demand for energy storage is projected to reach 250 GWh by 2025, reflecting a 54% year-on-year increase, with market dynamics shifting towards profitability rather than mandatory storage [7][8] - The lithium battery industry is still in a phase of technological iteration and new demand release, indicating that investment opportunities will arise from the interplay of technological innovation and bottom-up improvements [8]

Core Viewpoint - The "Yue Chuang Jin Qiao" platform has been launched in Guangdong to enhance the connection between innovative projects and venture capital, aiming to support high-quality development in entrepreneurship and investment [1][2][3]. Group 1: Platform Launch and Objectives - The "Yue Chuang Jin Qiao" online matching system is now operational on the "Yue Xin Fu" platform, facilitating connections between innovative projects and venture capital institutions [1][2]. - The initiative aims to create a high-level, effective venture capital matching platform that serves Guangdong, the Greater Bay Area, and the entire country, promoting a positive cycle among technology, industry, and finance [1][2]. Group 2: Government and Institutional Support - The Guangdong government has introduced a comprehensive action plan with 19 specific measures to foster the growth of venture capital, focusing on the entire investment lifecycle [1][2]. - The platform will leverage both online and offline activities to enhance its influence and support the development of "little giants," "unicorns," and "gazelles" in the region [2][3]. Group 3: Industry Engagement and Innovation - Eight innovative enterprises from cutting-edge fields such as artificial intelligence and information technology showcased their projects at the launch event, highlighting Guangdong's vibrant innovation landscape [3]. - The Guangdong Venture Capital Association will actively recommend high-quality technology enterprises and research outcomes to facilitate connections with venture capital institutions [3].

国睿科技股份有限公司 董事会科技创新委员会议事规则 第五条 科技创新委员会由 3 名或以上成员组成，由董事会在董事会成员中 任命。 第六条 科技创新委员会设主任委员一名，由董事会选举产生，负责主持委 员会工作。 第七条 科技创新委员会委员应当具备履行科技创新委员会工作职责的专 业知识和经验。 第四条 公司证券事务部负责科技创新委员会的工作联络、会议组织、会 议材料准备和档案管理等日常工作，负责公司科技创新工作相关部门应当负责准 备和提供科技创新委员会开展工作所需的有关材料。 第二章 人员和组成 第八条 科技创新委员会成员的任期与董事任期一致，任职期间如有委员不 再担任公司董事职务，自动失去委员资格，并由董事会按照规定补足委员人数。 第二条 科技创新委员会是董事会下设的专门工作机构，对董事会负责，向 董事会报告工作。 第三条 公司为科技创新委员会提供相应的工作条件，管理层及相关部门 给予配合，保障委员会履职。 （2025 年 8 月修订） 第一章 总则 第一条 为提高国睿科技股份有限公司（以下简称"公司"）董事会决策科 学性，确保科研创新工作有效支持业务发展要求，保障公司科研创新战略的有效 执行，根据《公司法》 ...

Summary of Conference Call Notes Industry Overview - The conference call discusses the current state of the Chinese economy, highlighting a slowdown in economic momentum with an actual GDP growth rate of 4.8% in July, down from 5.2% in Q2 [1][3] - The high-tech industry continues to show robust growth despite overall economic challenges, with sectors like information transmission and IT services maintaining production growth rates above 10% [1][4] Key Points and Arguments - **Economic Performance**: July's economic data indicates a decline in internal demand, with fixed asset investment growth falling into negative territory and retail sales growth dropping to 3.7% [3][5] - **Production and External Demand**: Although exports remained resilient in June and July, new orders and export delivery value growth have declined, impacting production negatively. The focus remains on industrial upgrades, particularly in high-tech sectors [4][10] - **Consumer and Employment Trends**: Retail sales continue to decline, with demand for durable goods weakening. Service consumption is gradually recovering, but the job market shows signs of stress with a rising unemployment rate [5][6] - **Real Estate Market**: The real estate sector is experiencing a downward trend, with both sales area and development investment decreasing. However, the rate of price decline has narrowed, indicating some progress in inventory reduction [6][11] - **Investment Demand**: Investment demand has significantly decreased across all four major categories, entering negative growth due to various pressures including weak prices and external tariffs. Despite short-term challenges, long-term investment opportunities remain [7][8] - **Infrastructure Investment**: Recent infrastructure investment has shown a notable decline, particularly in water conservancy and storage projects, while electricity investment remains resilient. Future structural policies are needed to support this sector [9][12] - **Manufacturing Investment Challenges**: Manufacturing investment faces pressures from external tariffs and internal price declines, but sectors focused on industrial upgrades, such as automotive and aerospace, continue to show vitality [10][11] Additional Important Insights - **Market Strength vs. Economic Slowdown**: The current market strength is attributed to long-term economic logic rather than short-term fluctuations, with factors such as technological innovation and reduced risk events contributing to this divergence [2][11] - **Capital Market Environment**: Future capital market conditions will require attention to structural performance disparities and potential overseas risk disturbances, particularly in light of anticipated U.S. interest rate changes [12]

Market Review - The equity market indices continued to strengthen, with the ChiNext Index showing the largest increase of 8.58% [4] - The bond market saw an increase in both short and long-term interest rates, with the 10-year government bond rising by 5.74 basis points to 1.747% [10] - The fund market experienced mixed results, with equity funds rising while medium and short-term pure bond fund indices declined [18] Equity Product Allocation Strategy - Event-driven strategies include focusing on the semiconductor sector due to the upcoming China Semiconductor Ecosystem Development Conference and the newly introduced personal consumption loan interest subsidy policy [21][20] - Asset allocation strategy suggests a balanced core plus a barbell strategy, emphasizing dividend and technology sectors [23] - Recommended funds include those focused on consumer and infrastructure sectors, as well as technology growth styles [23][27] Stable Product Allocation Strategy - The central bank's recent operations indicate a net withdrawal of 414.9 billion yuan, maintaining a balanced liquidity environment [29] - Economic data for July shows a year-on-year industrial value-added growth of 5.7% [29] - Social financing data indicates a total stock of 431.26 trillion yuan, with a year-on-year growth of 9% [29] Key Focus Products - Recommended products include short-term bond funds like Nord Short Bond A and Guotai Li'an Medium and Short Bond A, as well as funds benefiting from convertible bonds and equity market opportunities [2][34]

Core Viewpoint - The article emphasizes the importance of aligning thoughts and actions with the central government's scientific judgment and decision-making regarding the current economic situation, aiming to consolidate and expand the positive momentum of economic recovery and achieve annual economic and social development goals [1] Group 1 - The Chinese economy has shown resilience and vitality, achieving new results in high-quality development under the strong leadership of the central government [1] - There is a need to recognize both the achievements and the risks and challenges faced by the economy, particularly in light of a complex external environment [1] - The government aims to implement macro policies effectively, respond to market concerns, and stabilize market expectations [2] Group 2 - Key focus areas include enhancing domestic circulation, stimulating consumption potential, and removing restrictive measures in the consumption sector [2] - The government plans to increase effective investment, promote major projects, and adapt to changing demand by investing in people and public services [2] - There is an emphasis on deepening reform and opening up to enhance development momentum, integrating technological and industrial innovation, and expanding high-level foreign trade [2] Group 3 - The government aims to stabilize employment and ensure social stability through effective disaster prevention and safety regulation [2] - Administrative efficiency will be improved to create favorable conditions for public services and business operations [2] - There is a call for innovative thinking and enhanced capabilities to address new situations and problems [2]

日前，陕西省政府投资引导基金管理委员会办公室印发《陕西省科技创新母基金管理办法（试行）》。 据介绍，科创母基金突出政府引导和政策性定位，做耐心资本；聚焦我省科技创新领域，着力投早、投小、投长期、投硬科技；打造既高效活力又守 住底线的运管模式。聚焦西安区域科技创新中心、秦创原创新驱动平台建设和科技成果转化"三项改革"，重点围绕先进制造、新一代信息技术、航空 航天、新材料、新能源、生物技术等战略性新兴产业和人工智能、量子技术、未来制造、未来信息等未来产业，支持企业联合高校、科研院所等面向 产业需求开展科研攻关，不断提高科技成果转化和产业化水平。 管理办法明确：科创母基金存续期20年。 科创母基金投向创投类子基金的额度不低于80%，其中，投向种子、天使类子基金额度不低于30%。直接投资省委省政府确定重大科创类项目的额 度，不超过母基金认缴总规模的5%，剩余资金用于灵活投向不限阶段的产业子基金或直投项目，通过"以丰补欠、以后补前"，将产业基金或直投项 目投资收益反哺种子及天使类子基金，增强母基金运营的可持续性。 科创母基金对创投类子基金出资比例一般不超过子基金总规模的50%，其中，种子、天使类子基金最高不超过60%。 ...