Group 1 - The market rebound is primarily driven by enhanced logic of market winning rates both domestically and internationally [2] - Global liquidity concerns have significantly eased, particularly in the US, where the November core CPI rose by 2.6% year-on-year, the lowest since April 2021, boosting optimistic expectations for interest rate cuts [3] - Domestic market support stems from increased expectations for policy-driven liquidity easing and strengthened confidence in industrial development, with the central economic work conference setting clear policy goals for economic growth and price recovery [4] Group 2 - Technology assets are experiencing a contraction and differentiation, driven by "winning rate continuation" and "industrial explosion" logic, with telecommunications and defense industries leading the way [5] - In the cyclical sector, non-ferrous metals have performed well, benefiting from the transmission of technology industry chain prosperity and increased macro risk aversion [6] - The index is expected to show a strong upward trend, with the ChiNext index rising by 5.80% and the Shanghai Composite Index by 1.35% as of December 24 [7] Group 3 - The upcoming spring market is likely to focus on high-prosperity industries, with historical patterns indicating that strong economic conditions paired with strong industries lead to broad market gains [8] - Investment strategies should continue to focus on AI and less crowded technology sectors, global pricing resources, and consumer goods benefiting from moderate price recovery [8] - The January stock selection includes a diverse range of companies across various sectors, such as robotics, consumer goods, and advanced industries, indicating a strategic approach to capitalize on market trends [12][13]

（来源：环京津新闻网） 日前，市政府新闻办公室举行"十四五"高质量发展成果廊坊答卷系列主题新闻发布会，市科学技术局负责人介绍，"十四五"时期，我市科技创新能力显著 增强，科技支撑引领经济社会发展的能力大幅提升。 发布会上，市科学技术局主要负责人从科技创新能力稳步提升、区域科技合作全面深化、科技支撑作用不断增强、创新创业环境持续优化四个方面进行发 布。 "十四五"时期，我市以科技创新引领新质生产力发展，不断释放创新潜能，县域创新领跑全省，创新主体量增质升。 市科学技术局党组书记、局长 洪江：市县域科技创新能力监测评价平均得分连续六年居全省首位，其中A类县7个，占比全省第一。2024年全市国家级高 新技术企业总数超过1400家，较"十三五"末增长超过50%，科技型中小企业突破万家，新增河北省科技骨干企业10家，总数居全省第2位。 我市还持续建强用好科技研发平台，全力推进科技创新与产业创新深度融合，为全市培育壮大战略性新兴产业、迭代升级传统优势产业、前瞻布局未来产 业提供强力支撑。 市科学技术局党组成员、副局长 周业飞：截至目前，重大科技成果转化项目已撬动我市企业新增研发投入7.08亿元，新增销售收入48.1亿元， ...

在创业投资领域，江小涓进一步分析，除传统科创投资外，产业创投资金与政府创投资金均是科创金融的关键力量，这类资本兼具战略投资与耐心资本的特 征，为科技创新提供了稳定且可持续的资金支持。 "当前产业端在合作中已不再处于弱势地位，反而具备了自主选择投资者的主动权。"江小涓提醒金融业需树立紧迫感，必须加快市场化、数智化、国际化转 型步伐，自身做得好才能抓住我国科技创新带来的新机遇，拓展自身的发展空间。 岁末启新，共谋发展。在"十四五"收官与"十五五"开局的关键节点，由金融界主办、宁波银行支持、清华大学经济管理学院中国金融研究中心提供学术支持 的"启航・2025银行业高质量发展年会"于12月26日在北京成功举办。本次年会以"凝心启新，聚力致远"为主题，汇聚监管专家、学界精英、行业领袖及科技 企业代表，围绕服务实体经济、数字化转型、AI+金融创新、风险防控等核心议题展开深度讨论，为银行业高质量发展建言献策。 锚定高质量发展核心方向 会上，多位行业专家从宏观视角与专业维度精准施策，为银行业高质量发展锚定方向。中国银行业协会副秘书长殷有祥在致辞中指出，银行业作为国民经济 的核心，是服务实体经济的主力军、防控金融风险的主战场、 ...

第四届达沃斯全球母基金峰会即将盛大启幕 投资聚焦：赋能科技创新与产业升级 基金将重点围绕硬科技领域开展投资，聚焦战略性新兴产业和未来产业，通过"子基金+直 投"模式，为种子期、初创期科技企业提供长期、稳定的资本支持，与南山区"六个一"行动方 案等创新创业政策体系同频共振。这一布局与南山区的产业方向高度契合，有望加速区内创新 型企业突破关键技术、实现成果转化，为区域发展新质生产力注入强劲动能。 生态构建：打造风投创投集聚区 以本次合作为契机，南山区将进一步吸引更多优质创投机构汇聚南山，扩大南山科创投资"伙 伴圈"。通过打造具有南山特色的风投创投集聚区，形成资本集聚效应，进一步构建"投早、投 小、投科技"的创投生态，为南山打造国际风投创投核心承载区提供战略保障。 此次基金的设立，不仅是资本层面的重要布局，更是南山融入国家创新体系、增强区域战略竞 争力的关键一步。下一步，南山区将围绕基金实施"多联动、多服务"等系列举措，进一步放大 基金带动效应，为南山区、深圳及粤港澳大湾区高质量发展提供更强金融支撑。 汇通金控公司作为南山区引导基金管理平台，始终立足于区委区政府的发展战略，肩负着撬动 更多社会资本、优质创业项目、技 ...

Core Viewpoint - The article emphasizes the role of the Science and Technology Innovation Board (STIB) as a "testbed" for capital market reforms, aiming to support high-level technological self-reliance and the integration of technological and industrial innovation in China [4][9]. Group 1: Role of the Science and Technology Innovation Board - The STIB has been established to serve as a platform for supporting technological innovation and deepening reforms in the capital market, aligning with national strategies for high-quality development [4][9]. - Since its inception, the STIB has facilitated the IPO and refinancing of 592 technology enterprises, raising over 1.1 trillion yuan (approximately 160 billion USD) to support their growth [5]. Group 2: Institutional Innovations and Measures - The introduction of the "Eight Measures for Deepening STIB Reforms" aims to enhance institutional inclusiveness and adaptability, with 35 specific initiatives designed to stimulate market vitality [5]. - The STIB has seen a significant increase in merger and acquisition activities, with over 140 new disclosures and more than 90 completed transactions since the implementation of the new measures [5]. Group 3: Focus on Key Industries - The STIB is concentrating on critical industries such as integrated circuits, biomedicine, and renewable energy, fostering a robust industrial chain that supports the digital economy [6]. - It has attracted over 120 integrated circuit companies and more than 110 biomedicine firms, positioning itself as a major listing venue for innovative drug companies outside the US and Hong Kong [6]. Group 4: Building a High-Quality Development Ecosystem - The STIB promotes a collaborative ecosystem that encourages long-term R&D investment, with a median R&D intensity of over 12% among its listed companies [7]. - The board has introduced mechanisms to incentivize talent retention and has seen significant participation in share buybacks and dividends, indicating a commitment to enhancing shareholder value [7]. Group 5: Future Directions and Strategic Goals - Moving forward, the STIB aims to deepen reforms, enhance market competitiveness, and better serve emerging industries and national strategic needs [8]. - The STIB will continue to focus on supporting "hard technology" enterprises and improving the regulatory environment to protect investor rights and promote quality growth among listed companies [8].

Core Insights - The "Education Assistance" public welfare project for rural revitalization has injected new vitality into education in border areas, benefiting over 11,000 students in Inner Mongolia and Xinjiang [1][3] Group 1: Project Implementation and Achievements - The project, initiated in 2021 by the One Foundation and First Capital Securities, focuses on building and renovating science and technology classrooms, supporting children's sports teams, and providing professional training for teachers [1][3] - A total of 720 class hours have been conducted, benefiting 11,813 students, with many achieving success in provincial and municipal science and technology innovation competitions [3][5] Group 2: Health and Physical Education - The project has established 15 football teams across three schools, providing uniforms and sports training equipment, with over 6,100 training sessions conducted [3][6] - Health initiatives include installing water purification systems and distributing children's water bottles to enhance health awareness among students [3][6] Group 3: Cultural and Artistic Development - The project has supported the construction of libraries in three schools, providing quality books and facilitating reading activities, which have become vital for knowledge acquisition and cultural transmission [5][6] - Music education has been enhanced through the renovation of music classrooms and provision of musical instruments, allowing for diverse activities that foster artistic appreciation among students [5][6] Group 4: Future Prospects - The project aims to deepen cooperation to provide quality educational resources to more underdeveloped areas, focusing on fostering innovation capabilities among youth [8]

Core Insights - The expansion of the Zeiss Optical Industrial 4.0 health vision industry ecosystem in Guangzhou is a significant investment of over 400 million yuan, focusing on AR/VR, OK lenses, and eye health products [2] - Guangdong's super high-definition video and new display technology industry has surpassed 900 billion yuan in revenue, positioning it to become the province's tenth trillion-level industrial cluster [2] - The integration of technology innovation and industrial innovation is driving the emergence of new industries in Guangdong, contributing to the continuous growth of trillion-level industrial clusters [2] Group 1: Industry Developments - The 15th National Games showcased advanced display technologies, including a 2500 square meter holographic transparent screen, highlighting Guangdong's strength in the super high-definition video and new display industry [2][4] - The 4K Garden has developed the first 1200 square meter 8K naked-eye 3D outdoor screen in China, improving traditional naked-eye 3D production efficiency by 60% [5] - TCL's new 8.6 generation printed OLED production line represents a breakthrough in the display industry, expected to accelerate the establishment of a complete industrial chain in Guangdong [6] Group 2: Market Trends - The LED+AI applications are being explored by companies like Absen Technology, indicating a shift towards integrating AI with traditional display technologies [7] - Guangdong is on track to create a record of one trillion-level industrial cluster per year, with the super high-definition video industry as a potential candidate for this milestone [9] - The synergy between existing industries, such as automotive and electronics, is facilitating the rapid development of new industrial clusters in Guangdong [10] Group 3: Innovation and Ecosystem - The establishment of national innovation centers in Guangzhou is enhancing the efficiency of companies in the new display field, addressing critical technological challenges [11] - The ecosystem in Guangdong supports rapid innovation and market responsiveness, exemplified by companies like Thunderbird Innovation, which has achieved a 35% market share in consumer AR glasses [10][11] - The integration of foundational research, technology breakthroughs, and financial support is accelerating the development of high-quality industrial growth in Guangdong [11]

Core Viewpoint - The article highlights the rapid growth and development of Guangdong's ultra-high-definition and new display industry, which is on track to become the province's next trillion-yuan industry cluster, following the automotive and new energy sectors [4][9]. Group 1: Industry Growth and Investment - The expansion of the Zeiss Optical Industrial 4.0 health vision industry ecosystem in Guangzhou has seen a cumulative investment exceeding 400 million yuan, focusing on AR/VR, OK lenses, and eye health products [1]. - Guangdong's ultra-high-definition and new display industry achieved an operating income exceeding 900 billion yuan last year, positioning it to become the province's tenth trillion-yuan industry cluster [1][7]. - The TCL Huaxing 8.6-generation printed OLED production line is a significant development, representing a breakthrough in high-generation AMOLED technology and expected to accelerate the establishment of a complete industry chain in Guangdong [4]. Group 2: Technological Advancements - The integration of AI with LED technology is being pursued by companies like Zhouming Technology, which aims to transform traditional displays into AI intelligent entities, potentially driving the industry towards a trillion-yuan scale [7][10]. - The 3D floating screen technology showcased at the National Games represents a new benchmark in visual presentation for large-scale sports events, indicating China's leading position in display technology innovation [3][4]. Group 3: Ecosystem and Collaboration - Guangdong's industrial ecosystem benefits from a strong foundation in existing industries, allowing for rapid cross-industry integration and innovation, which is crucial for the emergence of new trillion-yuan clusters [10][11]. - The establishment of national innovation centers in Guangzhou for printing and flexible display technologies supports the local industry by addressing key material and equipment challenges [11].

Core Viewpoint - The "2025 Zhangjiang Science and Innovation Ecosystem Summit" was held in Shanghai, focusing on enhancing innovation capabilities to support the growth of science and technology enterprises [1] Group 1: Event Highlights - The Vπ brand was relaunched, and the Naxian 800 incubation hub was inaugurated to improve early-stage investment and support for innovative startups [1] - Several entrepreneurial teams focusing on cutting-edge areas such as artificial intelligence, integrated circuits, and future health signed agreements to join Naxian 800, contributing to the Zhangjiang entrepreneurial ecosystem [1] Group 2: Strategic Initiatives - Naxian 800 aims to be a low-cost startup base for young innovators and a fertile ground for hard-tech enterprises, as stated by Jin Hongmei, General Manager of Zhangjiang Incubator [1] - In response to the "15 Policies for Youth Innovation" in Pudong, Naxian 800 introduced a "1 Yuan Startup" initiative, offering up to 12 months of free entrepreneurial workspace for young talent [1] - The initiative includes special subsidies such as "computing vouchers," "model vouchers," and "corpus vouchers" from the Zhangjiang Artificial Intelligence Innovation Town, along with a comprehensive service system covering policy support, investment matching, and industry integration [1]

根据公告，项目资金来源由两部分构成：其中8,497.59万元来自公司2023年向特定对象发行股份募集的 配套资金，专项用于科技研发中心建设；其余11,491.62万元由公司通过自有资金或自筹方式解决。 12月27日，湖南新五丰股份有限公司（证券代码：600975，简称"新五丰"）发布公告称，公司全资子公 司湖南天心种业有限公司（简称"天心种业"）拟投资19,989.21万元建设"新五丰科技创新基地项目(一 期)"，聚焦生猪育种与营养研发，推动智能化技术升级，进一步强化综合技术创新能力。 项目概况：总投资近2亿元 建设两大核心研发平台 公告显示，该项目总建筑面积达20634.65平方米，主要建设内容包括湖南天心种业有限公司科技研发中 心（2023年向特定对象发行股份募集配套资金项目）和生猪产业研究院（专注生猪产业科研攻关与产学 研协同），配套建设科研管护用房及水电、消防、安防等附属设施。 项目选址位于长沙市芙蓉区隆平种业硅谷核心区域，紧邻湖南农业大学、岳麓山实验室、中国科学院亚 热带农业生态研究所等科研机构，具备天然的产学研用一体化创新生态优势。项目建设期为24个月，预 计2026年2月27日开工。 资金构成： ...