□ 本报记者李凯通讯员肖伟王刚 为好货找买家，为买家找好货，这家科技企业用智能算法、AI技术解决"大海捞针"难题，为商品装上高 精度制导"雷达"，使其以更低成本精准直达客群…… "从办公室到会议室的桌椅设备，你们能看到的都是园区提供的。"温砚回忆道，2018年，公司刚到南京 经开区时还是一家小公司，员工数量屈指可数。"我们对比了多个园区，最终选择南京经开区，因为无 论从载体条件、培育扶持还是跑腿代办服务，南京经开区都给予了最大支持，现在团队已发展到上百名 员工，其中八成都是研发人才。" 大模型时代，算力是基础设施。智檬智能在北京、深圳、洛阳等地自建算力中心，摆脱第三方数据训练 依赖，实现技术自主性与数据安全的双重保障。 值得一提的是，在平衡数据利用和隐私保护方面，这家公司也走在前列。随着数据安全相关法规深入实 施，作为我省首家申请国家保密资质的民营数据企业，智檬智能致力于为数据安全筑起"智能防护墙"， 为用户的隐私安全穿上"隐形防护服"，全流程把用户隐私关进"智能保险箱"。去年4月，国家网信办第 五批境内深度合成服务算法备案清单发布，该企业自主研发的"智檬人脸融合算法"取得备案，其算法技 术在合规性、安全性等 ...

Group 1 - The importance of catastrophe insurance as an effective risk diversification mechanism is increasingly recognized, particularly in high-risk provinces like Sichuan, which provides valuable experience for the development of catastrophe insurance in China [1] - Sichuan's catastrophe insurance has evolved from pilot explorations post-2008 Wenchuan earthquake to a formal pilot launch in 2015, culminating in the new work plan for urban and rural residential catastrophe insurance set to be implemented in November 2024, which expands coverage and optimizes claims processes [1] - China Pacific Insurance has played a significant role in Sichuan's catastrophe insurance efforts, providing substantial risk protection and receiving high recognition from affected communities for its rapid response and compensation during disasters [1] Group 2 - Despite its late start, China's catastrophe insurance system has made significant progress, with Sichuan's practices demonstrating that catastrophe insurance serves not only as a risk diversification tool but also as a crucial safety net for livelihood protection and social stability [2] - The scope of catastrophe insurance coverage is expanding from single disaster causes to multiple causes, including typhoons, floods, and landslides, with some regions also providing personal injury liability coverage [2] - The integration of big data and artificial intelligence is enhancing risk assessment and early warning capabilities, shifting catastrophe insurance from a "post-event compensation" model to a "pre-event prevention" approach, while ongoing improvements in systems and regional experience sharing are expected to elevate service efficiency and coverage nationwide [2]

通信行业作为科技发展的"先锋军"，始终走在科技的前沿，不断以突破性创新重塑时代格局。从早期的 模拟通信到数字通信，从2G、3G到如今的5G-A、6G预研，每一次技术迭代都推动着社会生产生活方式 的巨大变革。 如今，在人工智能、大数据、云计算等新兴技术浪潮的冲击与融合下，通信行业正迎来"万物智联"的全 新质变。 2024年9月，工业和信息化部办公厅发布的《关于推进移动物联网"万物智联"发展的通知》提出，到 2027年，基于4G（含LTE-Cat1，即速率类别1的4G网络）和5G（含NB-IoT，窄带物联网；RedCap，轻 量化）高低搭配、泛在智联、安全可靠的移动物联网综合生态体系进一步完善。 在这过程中，一众深市通信企业勇立潮头，积极投身于这场变革当中，它们以创新为舟、技术为桨，在 时代的浪潮中破浪前行。 正如广州广合科技（001389）股份有限公司（以下简称"广合科技"）相关负责人向《证券日报》记者介 绍称，受益于AI技术发展所驱动的算力基础设施需求增长，公司所处的算力供应链需求旺盛，2024年 公司积极把握市场机会，加大算力产品市场开拓，坚持以技术创新驱动产品结构优化，通过数字化推动 提产增效，经营业绩稳 ...

事件：近日，公司发布2024 年年度报告：2024 年实现营业收入71.90亿元，同比下降15.81%，我们认为 系DRG 落地和行业整顿的影响；归母净利润-3.81 亿元，同比下降159.26%；扣非归母净利润-2.38 亿 元，同比下降165.28%，主要系规模效益减弱叠加资产处置、信用减值的影响。其中，2024 年第四季度 营业收入15.71 亿元，同比下降29.57%；归母净利润-4.75 亿元，同比下降805.23%；扣非归母净利 润-3.16 亿元，同比下降1536.44%。 同日，公司发布2025 年第一季度报告：2025 年一季度实现营业收入14.67 亿元，同比下降20.35%；归 母净利润-0.28 亿元，同比下降49.09%；扣非归母净利润-0.39 亿元，同比下降32.11%。 全面提质增效，持续强化医检业务成本优势 公司紧抓提质增效工作，通过全流程精益化管控与AIoT（智能物联网）技术深度融合，进一步构建成 本优势，实验室人效同比提升了21%。 优化整合物流线路，物流费用同比下降7.29%。集成供应链管理，实现生产成本的有效节约和控制，试 剂成本同比下降15.54%。持续推进重点数智 ...

Group 1 - Shenzhen Digital Zongheng Technology Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The company is involved in various services including information system integration, IT consulting, data processing, and artificial intelligence applications [1] - The legal representative of the company is Ouyang Hua, and it is wholly owned by Hongjing Technology [1] Group 2 - The company's business scope includes 5G communication technology services, digital cultural creative content application services, and cloud computing equipment sales [1] - The company also engages in the sale of various technological and security equipment, including IoT devices and network security software [1] - The establishment of this company reflects the growing trend and demand for digital technology and AI solutions in the market [1]

如今，生活条件好了，没有人还在为基本的温饱问题而烦恼，追求创意生活，潮流生活的人越来越多， 而义乌市麦昔日用品有限公司休闲百货店是专项经营高品质创意潮品的连锁品牌，集结了国内外更胜一 筹的时尚潮品，有创意，家居系列，新奇玩具系列，潮流饰品系列文体礼品系列等产品，价格低，品质 过硬，别出心裁的设计，为每一个年轻人打造属于自己的时尚购物场所。 义乌市麦昔日用品有限公司时尚潮品店积极应对移动互联网时代的挑战。其及时捕捉到这一趋势，优化 了用户体验，提供了更方便的购物方式，让消费者可以随时随地购买产品，真正实现了尽享购物。 公司还深度融合大数据与人工智能技术，为消费者提供个性化的购物体验。通过分析消费者的行为数据 和喜好，准确洞察消费者的需求，并推荐符合他们口味的商品，为消费者打造了个性化购物体验，让每 一位消费者感受到独特关怀。 随着直播购物热的兴起，人们越来越习惯在直播购物，据统计，每四个上网的人中，就有一个在直播购 买过东西，在网店、直播等网上开个小店，等于24小时在经营，没有税收、房租、不需要库存和资金， 只需要腾出一点时间打理即可，是实体店的补充，实现线上线下共赢的局面！ 时代在淘洗中选择了新消费，也必然带 ...

大会期间，国内外权威专家围绕解码设计驱动产业跃迁的实施路径、构建中国新兴产业与国际创新体系 的价值链接、共创可持续发展的人类命运共同体解决方案三大命题开展深入交流，为北京市设计赋能产 业、产业反哺设计建言献策。 "设计是产业的灵魂、产业是设计的载体。"北京市经济和信息化局党组书记、局长姜广智表示，"十四 五"以来，北京市积极推进设计在传统产业转型升级、关键核心技术攻关、数字经济标杆城市建设等多 方面应用，取得了一系列成果实践，设计助力产业，产业反哺设计。 他表示，面向未来，北京将加强产品设计赋能时尚产业，即将发布《北京市时尚产业高质量发展实施方 案（2025-2027年）》。作为北京市首个时尚产业发展方案，该方案将配套出台中小企业工业设计券、 数字化营销券等一系列创新政策，鼓励企业加快应用前沿技术，发展科技潮品；加强产品设计赋能，打 造时尚名品；引领时尚生活潮流，开发健康新品；推动跨界融合发展，塑造创意精品，打造具有国际竞 争力的时尚产业，满足人民群众日益增长的品质化、多样化、个性化消费需求。 姜广智介绍，下一步将重点打造北京未来设计实验室赋能平台，持续汇聚设计、技术、产业三类生态合 作伙伴。北京将通过实施一 ...

Core Viewpoint - The article highlights the integration of advanced technologies such as big data and artificial intelligence into the work of labor models, leading to significant improvements in production efficiency and a transformation in labor methods [1]. Group 1: Labor Model Achievements - Li Ning, a director at the State Grid Hengshui Power Supply Company's Transmission Operation and Maintenance Center, has made substantial contributions, including improving 178 work tools and materials and overcoming over 20 production technology bottlenecks [3]. - Li Ning's achievements include 12 national invention patents and 19 utility model patents, along with receiving multiple awards such as the National May Day Labor Medal and the title of Hebei Province Labor Model [3][4]. - The center has produced 487 innovative results, with accolades including one international quality management gold award and two national gold awards [3]. Group 2: Innovation and Technology Integration - The center has embraced a culture of innovation, with Li Ning emphasizing the importance of problem-solving through practical innovations rather than innovation for its own sake [9]. - The introduction of the first drone, "Laborer No. 1," was a response to the challenges faced in traditional inspection methods, showcasing the center's commitment to technological advancement [11]. - The use of drones and laser rangefinders has significantly improved inspection efficiency, allowing one person to complete a 40-kilometer line inspection in under an hour, compared to the previous requirement of four employees taking a full day [12]. Group 3: Training and Development - The center has a tradition of mentorship, where experienced workers pass on their knowledge and skills to new employees, fostering a strong culture of learning and innovation [14]. - Li Ning's personal journey from a novice to a skilled technician exemplifies the potential for growth within the industry, driven by a commitment to continuous learning and improvement [6][7].

别担心，答案是肯定的：至少在今天，资本市场还在源源不断地把好东西丢给我们，只要我们自己能接 住就行了。 先说资本市场，即使是在今天，全球资本市场也仍然在源源不断把优质低估的资产丢给投资者。我们需 要做的，只是不断审视所有资产，然后寻找其中的错误定价即可。 远的不说，就先说香港市场。在2020年到2023年之间，香港市场经常出现超级低估的机会。 一些非常优秀的公司，不论是行业竞争优势，还是盈利能力、分红、成长性等各个方面，都可圈可点。 结果，这些公司往往以半倍重置成本（也就是0.5倍PB）左右的估值出售。其中一些特别优秀的，也只 不过卖到0.6到0.7倍PB。一些略有瑕疵但瑕不掩瑜的公司，甚至能低到0.3倍PB左右（一点瑕疵都没有 的公司也是不存在的）。 即使到了2024年，类似的机会也没有消失：当时香港市场上一家经营有些压力但是基本盘仍然牢固、负 债也不高的汽车企业，甚至在0.09PB交易了一阵子，相对净资产打1折都不到。 即使到了2025年，港股的估值已经不如前几年优异，但是仍然不算太贵，在0.5倍PB的估值附近，仍然 能找到不少挺好的公司。 对于这些肉眼可见的低估值，聪明的投资者弯下腰，不停地把优秀的标的 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued the "Action Plan for Promoting the High-Quality Development of Public Funds," which outlines 25 specific measures aimed at reforming the public fund industry and enhancing its quality of development, focusing on long-term investor concerns [1] Group 1: Investor-Centric Approach - The core of high-quality development in the public fund industry is the protection of investor interests, emphasizing a shift from scale to investor returns [2] - The Action Plan encourages innovation in equity fund products, supporting the development of actively managed equity funds and introducing performance-linked fee structures to promote long-term holding [2] - A performance evaluation system centered on fund investment returns will be established, with at least 80% weight on fund performance metrics for fund manager assessments [2] Group 2: Research and Investment Capability - The Action Plan calls for the establishment of a fund company research and investment capability evaluation system, promoting resource investment in human capital and technology [4] - Fund companies are encouraged to adopt new technologies such as artificial intelligence and big data, and to establish technology and operational service subsidiaries [4] - Strengthening research and investment capabilities is identified as a key competitive advantage for fund companies, essential for gaining investor trust and achieving high-quality development [4] Group 3: Compliance and Risk Management - The Action Plan emphasizes the importance of compliance and risk management, requiring fund companies to maintain a robust risk control system and improve liquidity risk prevention mechanisms [5] - It includes revisions to regulations governing risk reserves and the management of fund managers' dual roles to enhance risk isolation [5] - The implementation of these measures aims to strengthen the compliance culture within the industry and improve the overall risk management framework [6] Group 4: Implementation and Future Outlook - The Action Plan provides clear policy guidance and strong support for the high-quality development of the public fund industry, with a goal to see tangible results within three years [6] - Fund companies are expected to align with the principles of the Action Plan, focusing on enhancing research capabilities and customer service to create sustained value for investors [6]