记者丨 王峰 编辑丨包芳鸣 咨询会都快结束了，广州科技职业技术大学的展台前还围着热情的家长和考生。 这是近日举行的2025年广州市普通高等院校招生现场咨询会上的一幕。广州科技职业技术大学 是国家首批、广州唯一一所职业本科大学，这所学校的智能制造工程技术、电气工程及自动 化、数字媒体技术等专业近几年备受考生青睐。 "本升专"开启另类教育升级。 在严峻的就业形势下，有的本科毕业生"弯道超车"，到高职院 校"回炉"，弥补本科注重理论知识学习，系统性技能培训不足的短板，锻造自身的职业技能。 据报道，郑州铁路职业技术学院2025年有三个专科专业明确标注"仅招收普通高校全日制本科 毕业生"，计划名额135人。 有人认为，本科生回头读专科是本科教育"掉价了"，是学历降级。但也有人认为，"本升专"的 学生不认为专科学历低本科一等，不要学历面子而要就业实惠，值得肯定。 争议背后，其实体现了高职院校与普通本科院校的优劣所在。 正值各地高考"放榜"，大多数考生填报志愿，肯定会优先选择本科，有的高分考生宁愿复读也 不想读职校。很多人对职校有不少偏见，他们认为，"成绩不好才去读职校""职校生大多不读 书、混日子"。很多职校生都认为自己 ...

Core Viewpoint - The article emphasizes the growing importance of Alibaba Cloud as a key highlight for Alibaba Group, especially in light of declining performance in its e-commerce segment, particularly Taobao [4][5]. Group 1: Alibaba's Current Challenges - Taobao's contribution to a service company’s revenue has decreased from over 85% four years ago to 50% currently, indicating a loss of market share to competitors like Douyin, Pinduoduo, and Xiaohongshu [4]. - Consumer dissatisfaction with Taobao's return policies and shipping fees has led to a decline in user engagement, with some families completely uninstalling the app [4]. Group 2: Alibaba Cloud's Potential - Alibaba Cloud is recognized as the only bright spot for Alibaba, attracting attention from capital markets due to its significant scale and capabilities [5]. - Alibaba Cloud ranks as the fourth largest globally and the largest in China, benefiting from economies of scale that allow it to offer competitive pricing for services like GPU leasing [6]. Group 3: AI and Cloud Adoption - The rise of AI is expected to drive a second wave of cloud adoption among enterprise customers, as many companies will seek cost-effective cloud computing solutions due to the increasing complexity of AI infrastructure [7]. - The low cloud adoption rate in China is attributed to concerns over data security and the affordability of traditional servers, but the demand for AI capabilities is likely to push more companies towards cloud solutions [6][7]. Group 4: Future Trends in AI and Cloud - The article suggests a shift towards open-source models combined with public cloud architectures, as companies become more cautious about using closed-source APIs, particularly in sensitive sectors like biotechnology [8]. - Major tech companies, including Google, are at a crossroads regarding their reliance on either open-source models or cloud services for revenue generation, indicating a broader industry trend [9]. Group 5: Alibaba Cloud's Strategy - Alibaba Cloud's internal structure promotes a straightforward approach to business development, allowing for efficient expansion while maintaining a balance between openness and conservatism compared to competitors like Tencent Cloud and Volcano [10]. - Confidence in Alibaba Cloud's future prospects remains strong, suggesting a belief in its ability to navigate the evolving market landscape [11].

工业和信息化部日前发布的数据显示，前5个月，规模以上电子信息制造业增加值同比增长11.1%，增 速分别比同期工业、高技术制造业高4.8个和1.6个百分点；实现利润总额2162亿元，同比增长11.9%。 电子信息制造业生产增长较快，效益稳步改善。 专家认为，展望全年，受全球电子产品市场回暖、国内数字消费稳定增长、数字化转型深化等因素影 响，我国电子信息制造业仍将保持增长态势。 行业增长较快 赵刚建议，支持智能手机、AI终端等整机产品企业加快产品迭代创新，积极拓展海外市场，提升市场 占有率。推进新型数字基础设施投资和建设，促进电子产品供给。加快技术创新，培育未来产业，抢占 新兴市场。 市场需求扩大 电子信息制造业增长较快、效益改善的支撑因素包括政策、市场、技术、资本等多方面。朱克力分析， 政策层面，国家出台稳增长方案与"两新"政策，推动设备更新与消费品以旧换新，激活市场潜力。市场 层面，超大规模市场与数字化转型催生多样化场景，消费电子更新换代加速，工业领域智能化升级需求 激增。技术层面，人工智能、大数据、云计算等前沿技术深度融合，催生新业态与市场价值。资本层 面，投资并购活跃，企业通过整合提升产业链韧性，形成规模 ...

证券研究报告 | 2025年7月12日 估值周观察(7月第2期) "反内卷"与地产估值抬升 策略研究 · 专题报告 证券分析师：王开 021-60933132 wangkai8@guosen.com.cn S0980521030001 证券分析师：陈凯畅 021-60375429 chengkaichang@guosen.com.cn S0980523090002 请务必阅读正文之后的免责声明及其项下所有内容 核心观点 请务必阅读正文之后的免责声明及其项下所有内容 • 近一周（2025.7.7-2025.7.11）全球权益市场涨跌分化，估值变化温和。亚太地区分化明显，韩国领涨，印度领跌，日本下跌，新加坡 上涨，港股普涨。欧元区普涨，美股偏弱，道指整体弱于纳指标普。估值方面变化温和。德国DAX的PE进一步扩张1.65x，各项估值分 位数逼近历史最高点；法国CAC40虽上涨1.73%，但PE下调0.64x，反映盈利上修。港股除恒生科技，其它指数的各项估值分位维持在 较高水平。 • A股核心宽基涨多跌少，大盘价值受银行拖累小幅下跌。具体来看，规模上，中证1000（+2.36%）和国证2000（+2.29%）涨幅居前 ...

题图来源：视觉中国 2023年9月21日晚，华为公司创始人任正非与南开大学新闻与传播学院院长、科技日报原总编辑刘亚东今年7月7日在深圳一间咖啡厅的对话最新曝光。 在对话过程中，任正非以"拉法尔喷管"来描述华为的研发体系: "喇叭口"吸收宇宙能量，经过理论研究，成熟的研究成果及人员经过拉法尔喷管快速在产 品端扩张，快速完成领先世界的产品。 任正非提到，跟大学的合作、基础研究部分，华为从来不考虑回报，到下面产品线时才有考核要求。而华为的产品如果不够先进，就不会拿出来卖。因 为"卖不了高价，也养不活队伍"。 任正非举例称，华为的AI集群已支持16000板卡，将来的一个超节点集群可管理几十万板卡，可支持超高速互联、超高效的液冷散热、瞬时爆发式供电， 达到系统高可用，这些都不弱于美国。他还在对话中披露了鸿蒙生态建设进展，他表示，国内现在有30多个操作系统都是基于鸿蒙开源构建的，涵盖了行 业终端、手机平板、家庭终端，加起来大概已经有6亿用户，世界排名第三。鸿蒙刚升级到4.0，升级以后，外面也会跟着升级。 任正非表示，华为会越来越困难，但华为也会越来越兴盛。"中国将来如果建立自己的标准体系，那这个标准体系肯定要比美国的好。 ...

Core Perspective - The article emphasizes the significance of oceans in shaping human civilization and their role as a vital resource for economic development and sustainability [2][4]. Group 1: Ocean's Historical and Scientific Significance - The book "Eighteen Lectures on Ocean Culture" explores the origin and evolution of oceans, detailing their transformation from the primordial "magma ocean" to the current vast blue world [3]. - Ocean studies encompass various phenomena, including the composition of seawater, waves, tides, and currents, which are crucial for understanding natural mysteries and climate regulation [3]. - The ocean has been a cradle for life, witnessing significant evolutionary milestones over nearly 4 billion years, including the emergence of multicellular organisms and the ancestors of terrestrial vertebrates [3]. Group 2: Economic and Cultural Impact of Oceans - Oceans serve as a foundation for human survival and development, facilitating global connectivity and economic prosperity through trade and tourism [4]. - The ocean economy is a critical component of global economic growth, providing numerous job opportunities and driving sustainable development [4]. - The rise of technologies such as artificial intelligence and IoT enhances the efficient development of ocean resources, including renewable energy [4]. Group 3: Challenges and Sustainable Development - The ocean faces significant challenges, including pollution, overfishing, and coastal wetland destruction, which threaten ecological balance [4]. - There is a shift towards a sustainable blue economy, supported by blue finance and digital technologies, aiming for harmonious coexistence between oceans and human society [4]. - International treaties and regional agreements are essential for maintaining peace and stability in ocean resource management [4]. Group 4: Educational Value - "Eighteen Lectures on Ocean Culture" serves as a comprehensive textbook for undergraduate students, integrating knowledge from history, culture, economics, law, and modern science to enhance understanding of the ocean's relationship with human society [5].

TOP 3大新闻 上海门店回应38.88万元购买玛莎拉蒂：2天卖了10多辆 近日，名为"上海浦东玛莎拉蒂"的账号发布海报称，玛莎拉蒂的SUV车型Grecale限时尊享价38.88万元 起，活动时间截止到9月30日。官方信息显示，玛莎拉蒂Grecale的指导价为65.08-103.88万元，相比之 下，"上海浦东玛莎拉蒂"的起售价低了26.2万元。 记者联系到上海浦东玛莎拉蒂门店，销售人员回应称，38.88万的活动是门店专属，经销商买断包销行 为，与玛莎拉蒂品牌无关。只有白色外观黑色内饰一款，车型为Grecale2023款，落地价预计43万元左 右。活动开始后非常火爆，2天已经卖出了10多辆，该售价此批车辆售完为止。（蓝鲸新闻） 黄仁勋闯进全球亿万富豪榜前10，距离巴菲特只差10亿美元 7月11日，据彭博亿万富豪榜数据显示，持有英伟达约3.5%股份的黄仁勋本周排名已跃居全球第十。截 至7月10日美股收盘，他的净资产升至约1430亿美元，今年以来身家累计增长超287亿美元。排在黄仁勋 前一位的是"股神"巴菲特，其身家约为1440亿美元，比黄仁勋仅高出10亿美元。考虑到华尔街分析师普 遍看好英伟达的上涨潜力，黄仁勋 ...

Group 1 - The effective invention patents in Northeast China reached 195,000 by the end of April this year, representing a year-on-year growth of 10.2% [1] - The effective registered trademarks in the region totaled 2.161 million, with a year-on-year increase of 7.7% [1] - The total number of geographical indication products recognized reached 273, with 556 registrations approved for collective and certification trademarks, accounting for nearly one-tenth of the national total [1] Group 2 - Intellectual property (IP) is becoming a crucial mechanism for driving technological innovation and enhancing industrial competitiveness in Northeast China [1][2] - The region is leveraging its manufacturing base and technical talent to address issues such as technological obsolescence and low added value in traditional industries through IP [2] - Knowledge property operation centers have been established in traditional industries like dairy and grass, promoting the transformation and application of patent achievements in green manufacturing and ecological agriculture [2] Group 3 - The Northeast region has natural advantages for developing strategic emerging industries, such as artificial intelligence and big data, due to its climate and resource conditions [3] - Eight national-level IP protection and rapid response centers have been established in Northeast China, focusing on key areas like high-end equipment manufacturing and biomedicine [3] - By the end of 2024, the effective invention patents in strategic emerging industries in the region are expected to reach 46,000, showing significant growth compared to the previous year [3] Group 4 - In the process of rural revitalization, IP is providing core added value for agricultural products to enter high-end markets [4] - The region is implementing a brand protection strategy, with notable brands like Wuchang rice and Changbai Mountain ginseng gaining national recognition [4] - Thirteen national-level geographical indication protection demonstration zones have been established, promoting the transformation of geographical indications from "regional labels" to "industrial clusters" [4]

Group 1 - The mango planting area in Baise City, Guangxi is expected to reach 1.25 million acres by 2025, with an estimated production of 1.28 million tons, making it the largest in China among prefecture-level cities [1] - The launch of the mango harvest season coincided with the 2025 Chinese Farmers' Harvest Festival, attracting numerous domestic and foreign merchants, resulting in over 100 million RMB in on-site contracts [1] - Baise is home to several excellent mango varieties, including Guiqi mango, Tainong No. 1, Jinhwang mango, and Guifei mango, and has established the only national mango germplasm resource nursery in China, preserving over 400 domestic and foreign varieties [1] Group 2 - China has become the world's second-largest mango producer and is the only country achieving year-round mango production and supply [1] - The mango deep processing industry in Guangxi is thriving, with high processing rates and multiple production lines for mango puree, dried mango, and frozen fruit cubes, leading to the development of a series of products such as mango juice, dried fruit, frozen cubes, vinegar, and enzymes for international markets [1] - Baise's Yi Sheng Import and Export Trade Co., Ltd. exports fresh mangoes, mango popsicles, and mango juice to countries like Russia, Japan, South Korea, and Southeast Asia, with 500 containers of fresh mangoes and about 10 containers of mango popsicles exported this year [1] Group 3 - The "Baise No. 1" green special train for fruits and vegetables has successfully connected with the China-Europe Railway Express and the China-Vietnam cross-border container train, integrating into international trade logistics [2] - Key cold chain logistics centers, such as the China-ASEAN Agricultural Products Trading Center, have been put into operation, focusing on smart temperature-controlled bases, cross-border cold chain hubs, and agricultural product processing parks [2] - The local government plans to explore the construction of a "production area cloud warehouse + cross-border live broadcast" sales network to expand cross-border direct sales channels and steadily develop international markets [2]

部分试点城市小有所成 2022年，中国工程院院士、清华大学车辆与运载学院教授李克强团队正式提出车路云一体化技术方案， 旨在通过车、路、云协同解决智能网联汽车规模化落地的瓶颈问题。 近日，特斯拉首辆也是全球首辆汽车，实现了从工厂产线直接自动驾驶到客户家里。与此同时，特斯拉 Robotaxi首批车辆也已经开始在美国运营。始终坚持走单车智能路线的特斯拉在高级别自动驾驶方面再 次取得了令人振奋的成绩。 反观另一条智能交通路线——车路云一体化，则好像处于发展相对缓慢的状态。作为自动驾驶行业的中 国方案，车路云一体化方案的理论体系已经相当完备，但在实际落地过程中却困难重重。无论是车端还 是路侧，建设车路云一体化的态度都不够积极。 问题出在哪儿？如何破冰？成为车路云一体化方案继续推进先要攻克的课题。 第二，管理体系不完备，亟待打通数据"烟囱"。目前，车辆数据、路侧数据、交通数据不互联互通，存 在重复建设、效率不高的问题。 车路云一体化方案得到了国家相关主管部门的认可。与新能源汽车发展初期的模式一样，中央政府也是 先对车路云一体化方案进行部分城市应用试点。 2024年1月，工业和信息化部、公安部、自然资源部、住房和城乡建设部 ...