全球钨产业或将呈现出资源控制权争夺与技术升级并行、供应链阵营化的复 杂形势。全球钨产业博弈是工业化国家争夺先进制造基础要素的缩影。一方 面中国产业政策瞄准转型升级，自 1980 至今，中国钨制品出口经历了鼓励出 口到严格管制的多阶段调整，初步实现从初级产品到中高端产品的出口转型。 另一方面，当下美国意在降低依赖、重建关键产业节点。在产业中下游，通过 关税政策转移进口来源；在产业上游，通过《国防生产法》加大开发新钨矿投 入，增加基础供给。无论是中国填补地缘缺口以保持资源优势、国产替代与 开发海外市场以推动产业升级，还是美国构建盟友供应链、扶持本土企业， 两者的产业目标都需要通过国际合作来达成，从而最终形成经济区域化、供 应链阵营化的事实。 硬质合金刀具仍是产业竞争热点，关注新兴、转型及稳定市场中的机会。考 虑中国出口管制及美对华关税的双重影响，对中国而言将加快国内产业升级 步伐，转向中下游产品制造，或致使与国际钨巨头的竞争更聚焦。我们认为， 中国钨产品出口正经历价值提升阶段，国产替代进程中也应把握国际市场拓 展的区域性机会：其一、2018-2024 年中国对俄罗斯的涂层硬质合金出口金 额年复合增长率接近 70% ...

当招商工作插上AI羽翼，会迸发怎样的经济新动能？6月25日，黄埔区萝岗街道举办"香雪AI招商员"上线暨2025年数 智赋能载体招商会议。会上，首个街镇级招商-筹建一体化服务AI平台——"香雪AI招商员"正式上线运行，为街道范 围内31家载体提供数智化招商和入驻项目筹建服务。这一创新举措实现了招商服务从"人工筛选"到"AI智配"的跨 越，标志着萝岗街招商与企业服务工作正式迈入智能化、精准化的新阶段，为区域经济高质量发展注入新动能。 当天，包括上市公司、专精特新"小巨人"、餐饮业头部企业等在内的14家企业成功签约，总投资额超24亿元，预计 年产值（营收）达45亿元。至此，萝岗街道上半年累计签约项目23个，总投资约27亿元，预计年产值（营收）65亿 元。 从"大海捞针"到"AI秒配" "基因图谱"破题招商痛点 传统招商，常囿于信息碎片化、服务链条割裂、资源匹配低效等痛点。而"香雪AI招商员"的核心突破，正是构建了 萝岗街道全域资源的"数字孪生体"——一张动态更新的"资源基因图谱"。 这张"资源基因图谱"深度融合Deepseek大模型与本地招商31个园区载体数据库——从楼宇面积、租金梯度到配套情 况。企业只需输入需求 ...

Core Insights - The tour led by Lu Junqing, founder of Tianjiu Shared Group, aimed to empower private enterprises across six cities, focusing on themes of "health revolution, wealth leap, and inheritance awakening" [1][3][5] - The event highlighted the need for private enterprises in Wuhan to shift from a "heavy manufacturing, light innovation" mindset to embrace digital transformation through strategies of "changing tracks, changing models, and changing methods" [3][5] - The series of talks served as a strategic compass for private enterprises navigating challenges such as digital transformation and generational succession, emphasizing the importance of resource integration and wisdom in competition [5] Summary by Sections Event Overview - The tour concluded in Wuhan, marking the end of a series of speeches that began in Beijing, covering key economic regions in China [1][5] - Over 5,000 entrepreneurs participated, receiving systematic guidance on generational inheritance and industrial upgrading [1] Regional Focus - The Wuhan event specifically addressed the "Central China Rise" national strategy, emphasizing local industrial characteristics like intelligent manufacturing and innovation in the Optics Valley [3] - Lu Junqing referenced data indicating a 68% turnover rate for passive successors within three years, urging local businesses to adopt a "strategic inheritance" mindset [3] Strategic Insights - The tour's overarching philosophy was to "say goodbye to tragedy and embrace composure," aiming to provide a clear path for entrepreneurs facing dual crises in their careers [3][5] - The series of talks is described as a full-chain empowerment system, transitioning from "sweat for growth" to "wisdom for value creation" [5] - The initiative is set to continue expanding to more cities, aiming to inject innovative momentum into the high-quality development of the private economy [5]

Group 1 - The National Defense and Military Industry sectors are expected to benefit from industrial upgrades and the trend of self-sufficiency, with core equipment localization being the foundation for the industry's rise [1] - The Chinese military will showcase its reformed military structure and new combat capabilities, including unmanned intelligence and underwater operations, during a grand parade on September 3 [1] - The nuclear power equipment sector is seeing mass construction of third-generation nuclear power plants, with fourth-generation nuclear power demonstration officially in operation, indicating potential for future mass construction [1] Group 2 - The gas turbine industry is entering a new upcycle, benefiting from increased demand driven by AI data centers, with IEA predicting electricity demand for data centers to grow from 460 TWh in 2022 to 800 TWh by 2026 [1] - The engineering machinery sector has stabilized domestically, supported by a new replacement cycle and national policies to stimulate domestic demand, with significant export market potential [1] - The military ETF tracks the CSI Military Index, which reflects the overall performance of listed companies in the military industry, focusing on strategic allocation within the defense sector [1]

消费是经济增长的重要动力。去年底召开的中央经济工作会议，将"大力提振消费、提高投资效益，全 方位扩大国内需求"列为2025年工作的首要重点任务。今年3月，中央办公厅、国务院办公厅印发《提振 消费专项行动方案》，提出鼓励金融机构在风险可控前提下加大个人消费贷款投放力度，合理设置消费 贷款额度、期限、利率。人民银行上个月发布的《2025年第一季度中国货币政策执行报告》显示，我国 银行、消费金融公司、汽车金融公司等多层次消费金融服务体系建设较为完善，为消费市场稳定发展提 供了重要支撑。 目前，外部环境更趋复杂严峻，国内有效需求偏弱，消费增长还面临居民消费能力和意愿不足等种种制 约，经济持续回升基础仍待巩固。让金融这一撬动消费升级的杠杆更加有力，从而通过精准识别消费者 需求，进一步降低消费者门槛，让更多人"能消费、敢消费、愿消费"；创新信贷产品，加大对符合条件 的消费行业经营主体首贷、续贷、信用贷、中长期贷款支持力度，进而引导越来越多经营主体参与到消 费经济中……都是拓展金融在促消费领域发力空间的题中之义。让促消费的金融"活水"精准滴灌，才能 及时满足消费者在特定场景下的合理金融需求，帮助相关机构和企业获得合适成本的 ...

6月18日下午，"投资福建.选择开发区"福建省招商引资推介会在福州举行。福建省人民政府副省长王金 福出席活动，福建省商务厅厅长、省招商局局长黄河明致辞。省有关部门，各地市商务部门、招商主要 部门，以及部分开发区、综保区管委会有关负责人和世界闽商代表、知名企业家等300余人参会交流。 深圳市福建商会会长施能狮、上海岁金集团总裁吴霖晶、龙合智能装备制造董事长杨静、省金投基金公 司副总经理廖望等世界闽商代表和知名企业家，围绕异地商会助力闽商回归、产业生态运营、制造业转 型升级、金融赋能产业发展等方面作分享，为我省招商引资高质量发展建言献策。 福建省商务厅、福州经济技术开发区、晋江经济开发区、宁德东侨经济技术开发区分别推介了福建投资 环境、各开发区特色优势和合作发展机遇。 黄河明厅长向远道而来的闽商乡亲和各位嘉宾表示诚挚欢迎，向长期关心支持福建商务发展的各界朋友 表示衷心感谢。他指出，近年来省商务厅(招商局)建立了面向外地商会常态化招商对接机制，频繁走访 全国各地，并乘着省领导出访的东风，深入对接各界闽商精英，积极推动闽商回归。他表示，当前福建 正深入实施新时代民营经济强省战略，大力推行"四通四到"服务机制，全力推动 ...

本报记者 彭衍菘 公募排排网最新数据显示，截至6月24日，今年以来已有23家公募机构参与了37家A股上市公司定向增发（以下简称"定 增"），认购总额达109.17亿元。 "公募机构参与定向增发对上市公司具有多重战略价值。"晨星（中国）基金研究中心高级分析师代景霞向《证券日报》记 者表示，资金赋能层面，公募机构可为成长型及科技型企业注入关键发展资金，尤其满足其在研发创新、产能扩张、市场拓展 等核心环节的资本需求，公募机构参与能有效助力企业突破技术瓶颈或落地重大项目，加速战略目标落地。 代景霞表示，在治理优化层面，公募机构作为专业投资者参与，可推动上市公司股权结构多元化，形成更均衡的治理架 构。在价值背书层面，公募机构严谨的投研体系与决策流程，参与上市公司定增本质上是对企业发展潜力、管理效能及投资价 值的专业认证，有利于向市场传递积极信号，吸引更多增量资金关注，显著提升企业资本品牌影响力，为后续融资活动等构筑 信任基础。 中观层面，公募机构参与定增，可以促进产业升级和创新。代景霞认为，公募机构参与的部分定增项目，能引导资金流向 成长型、科技型产业，推动产业升级和创新发展。同时也可以推动产业整合和协同发展，对于一些 ...

Core Viewpoint - Beijing Haochuang Ruitong Electric Equipment Co., Ltd. is on the verge of listing on the A-share market, marking a significant milestone in its development as a national-level specialized and innovative "little giant" in the smart distribution equipment industry [1][4]. Company Overview - Haochuang Ruitong has been dedicated to the smart distribution equipment sector for over 18 years, focusing on the research, production, and sales of products such as smart ring main units, smart pole-mounted switches, and box-type substations [2][3]. - The company has established a robust core technology system that includes fault location and self-healing technology, IoT integration, high-precision power sensor technology, and air-insulated technology [2][3]. Financial and Investment Highlights - The company plans to publicly issue no more than 27.90 million shares, raising approximately 477 million yuan, which will be used for projects including the production of smart ring main units and the establishment of a smart distribution R&D center [1][5]. - R&D investment has increased from 17.30 million yuan to 32.32 million yuan over the past three years, with a compound annual growth rate of 36.69% [2][3]. Technological Achievements - Haochuang Ruitong has obtained 119 patents and 29 software copyrights, including 14 invention patents, and has contributed to the formulation of two national standards [3]. - The company's outdoor pole-mounted vacuum circuit breaker has been recognized for its advanced technical performance, particularly in integrated design and high-precision sensor technology [3]. Industry Context - The power equipment industry is experiencing significant growth driven by the "new infrastructure" strategy and the "dual carbon" goals, with an estimated investment in distribution network construction exceeding 1.52 trillion yuan during the 14th Five-Year Plan period [4]. - The demand for stable, reliable, and intelligent distribution networks is increasing, influenced by the integration of IoT, 5G, and digital twin technologies [4][5]. Future Outlook - The establishment of the smart distribution R&D center will focus on self-healing control technology based on big data and collaborative optimization algorithms for distributed energy access [5]. - With the successful fundraising and implementation of investment projects, the company aims to enhance its smart manufacturing capabilities, expand production scale, and solidify its market position in the smart distribution equipment sector [5].

智通财经6月25日电，赣锋锂业(002460.SZ)发布投资者关系活动记录表公告称，公司已形成固态电池全 链路布局，覆盖硫化物电解质及原材料、氧化物电解质、金属锂负极等关键环节。公司同步推进硅基与 锂金属负极双路线，其中400Wh/kg电池循环寿命突破800次并完成工程验证；首款500Wh/kg级10Ah产 品实现小批量量产。硅基体系实现320-450Wh/kg产品梯度布局，其中320Wh/kg电芯循环寿命突破1000 次。公司将充分发挥上下游产业一体化协同优势，持续加大研发力度，推动固态电池商业化进程，促进 能源转型与产业升级。 赣锋锂业：已形成固态电池全链路布局 同步推进硅基与锂金属负极双路线 ...

21世纪经济报道记者孙燕 上海报道 据上海海关统计，自2018年长三角一体化发展上升为国家战略以来，截至今年5月，长三角地区外贸规 模累计已突破100万亿元，达101.2万亿元。 今年1-5月，长三角地区进出口6.73万亿元，同比增长5.2%，占同期我国进出口总值的37.5%。其中，出 口4.29万亿元，增长10.3%；进口2.44万亿元，下降2.7%。 浙江出口增长贡献率居全国首位 前5个月，三省一市出口总值均大幅增长：浙江出口1.69万亿元，增长9.6%；江苏出口1.55万亿元，增 长9.6%；上海出口7873.8亿元，同比增长11.5%；安徽出口2530.6亿元，增长15.8%。 单看5月，上海市进出口额3771.5亿元，同比增长4.5%，月度进出口连续4个月正增长；安徽省进出口总 额822.1亿元，同比增长20.5%、比4月份加快3.8个百分点。 机电进出口"双高" 前5个月，长三角地区出口机电产品2.56万亿元，增长9.9%，占同期长三角地区出口总值的59.6%。 江苏机电出口量最大。前5个月，江苏省机电产品出口1.07万亿元，增长10.5%，占江苏省出口的比重提 升至68.8%；浙江机电产品出口8 ...