格隆汇7月30日丨中科磁业(301141.SZ)在互动平台表示，公司密切关注机器人、低空经济等新兴领域市 场机会，积极推动产品研发和市场推广，顺应市场需求；目前公司在机器人领域与超轻量仿人机械臂行 业客户建立合作，但尚未形成规模销售，产生收入较少，截至目前对公司的经营业绩不会产生重大影 响。 ...

本届高交会延续市场化办展理念，规划展览面积达40万平方米，拟邀请来自全球百余个国家和地区的世 界知名科技企业参展参会，全方位展示世界高新技术发展趋势，发布高新技术最新成果，在全球范围内 进行高新技术成果交易、投资与洽谈。 本届高交会面向世界科创成果、国家重大需求方向、未来创新发展前沿，设置国之重器、科技巨头产业 链展区、国际科技成果、省市科技成果展区、科研院所高校与国家重点实验室、生物技术展区、粤科技 展区、人工智能、智能制造、机器人产业链、半导体与集成电路、亚洲算力与数据产业展、3E亚洲消 费电子、低空经济展、清洁能源新能源、跨境电商与汽车电子、市政工程、智慧港口、轨道交通、电力 展、水务与环境、C3未来建筑大会、光储充、电池、储能、电力新能源等多个展区，全方位聚焦各领 域前沿产品技术、科技应用成果、创新解决方案、未来发展方向。 本届高交会将发挥专业展"压舱石"作用，以专业展精准运营，对接世界前沿成果，实现"博中有专、专 题专展"的新突破。其中，低空经济展聚焦低空经济与航天领域，今年将重磅打造五大产业链主题展区 ——低空飞行器制造、低空基础设施、综合支持与飞行保障、低空供应链以及无人系统展区，通过"新 技术 ...

本届高交会面向世界科创成果、国家重大需求方向、未来创新发展前沿，设置国之重器、科技巨头 产业链、国际科技成果、省市科技成果、科研院所高校与国家重点实验室、生物技术、粤科技、人工智 能、智能制造、机器人产业链、半导体与集成电路、亚洲算力与数据产业、3E亚洲消费电子、低空经 济、跨境电商与汽车电子、市政工程、智慧港口、轨道交通、电力、水务与环境、C3未来建筑大会、 光储充、电池、储能、电力新能源等多个展区。 据悉，第27届高交会通过专业展的展区规划，实现"博中有专、专题专展"的新突破。 广州日报讯 （全媒体记者轩慧 实习生熊心怡）昨日，记者从中国国际高新技术成果交易会（以下 简称高交会）组委会获悉， 第二十七届高交会将于2025年11月14日—16日在深圳国际会展中心（宝 安）举行，目前已报名及接洽中的投资机构意向投资总额超10亿元，形成覆盖天使轮、Pre-A轮等全阶 段的资本矩阵。 第27届高交会规划展览面积达40万平方米，拟邀请来自全球百余个国家和地区的世界知名科技企业 参展参会，全方位展示世界高新技术发展趋势，发布高新技术最新成果，在全球范围内进行高新技术成 果交易、投资与洽谈。 各专题展作为高交会的重要组 ...

Industry Investment Rating - The industry investment rating is "Outperform the Market" and is maintained [1] Core Viewpoints - The report highlights the first deployment of US nuclear weapons in the UK in 17 years, with the B61-12 thermonuclear gravity bombs being stationed at RAF Lakenheath, enhancing NATO's tactical nuclear capabilities [4][13] - Ongoing conflicts between Thailand and Cambodia have resulted in military engagements, indicating potential geopolitical risks that may affect defense spending and military operations in the region [5][16] - Looking ahead to 2025, the military industry is expected to see a turning point in orders, driven by new technologies and products aimed at improving equipment performance and reducing costs [6][17] Summary by Sections 1. Investment Highlights - The report suggests focusing on two main investment themes: aerospace and "gap-filling" new priorities, including companies like Fihua, Fenghuo Electronics, and others [6][17] - The second theme involves new technologies, products, and market directions with greater elasticity, featuring companies such as Aerospace Intelligence and Guangdong Hongda [6][17] 2. Market Overview - The China Securities Military Industry Index rose by 1.51%, while the Shenwan Military Industry Index increased by 1.28%, indicating a positive trend in the military sector compared to broader market indices [18] - The top ten performing stocks in the military sector included Xinguang Optoelectronics (+32.55%) and Boyun New Materials (+25.16%), showcasing significant gains [19][20] 3. Valuation Levels - As of July 25, 2025, the China Securities Military Industry Index stood at 11,987.24, with a PE-TTM valuation of 118.72 and a PB valuation of 3.70, indicating a relatively high valuation compared to historical levels [21][24] - The report provides detailed valuation percentiles for various military companies, highlighting significant differences in market performance [24] 4. Data Tracking - The report tracks recent capital increases and stock incentive plans among military companies, indicating ongoing financial activities that may impact stock performance [27][29] - It also notes significant orders in the low-altitude economy sector, with a $1.75 billion order for eVTOL aircraft, reflecting growth opportunities in emerging markets [31][32]

Group 1 - The core viewpoint of the news is the establishment of the Sci-Tech Growth Layer on the STAR Market, which enhances the inclusivity for unprofitable tech companies to go public, prompting brokerages to adjust their project selection and valuation strategies [1][6][7] - As of now, 32 unprofitable companies have been officially included in the Sci-Tech Growth Layer, leading to comprehensive adjustments in project screening standards, valuation systems, and sponsorship strategies by various brokerages [1][2] Group 2 - Brokerages are shifting their project selection criteria to focus on "hard technology" and growth potential, prioritizing sectors like artificial intelligence, commercial aerospace, and biomedicine [2][3] - The evaluation criteria for unprofitable companies are evolving from profit-oriented to cash flow and technology valuation, emphasizing long-term profitability potential [2][3] - The new screening standards include a stronger emphasis on R&D investment, innovation capability, and the ability to convert scientific achievements into commercial success [3][4] Group 3 - Brokerages are innovating their valuation systems to balance regulatory requirements and market expectations, focusing on non-financial factors such as technological barriers and market potential [4][5] - The policy is expected to enhance overall liquidity and valuation structure on the STAR Market, with a significant increase in daily turnover rates for companies in the Sci-Tech Growth Layer compared to non-growth layer companies [6][7] - The establishment of the Sci-Tech Growth Layer is anticipated to attract long-term capital and institutional investors, thereby optimizing the investor structure and reducing short-term volatility [6][7] Group 4 - The policy encourages investment in hard technology sectors, which is expected to lead to more companies in fields like artificial intelligence and commercial aerospace going public [6][7] - Brokerages are restructuring their business logic in response to the new policies, enhancing their project selection and valuation processes to better support tech innovation [7]

Core Viewpoint - The defense and military industry sector experienced a decline after four consecutive days of gains, with the ETF code "512810" dropping over 2% on July 30, 2023, despite signs of capital accumulation during the downturn [1][3]. Group 1: Market Performance - The defense military ETF (512810) fell by 2.01%, closing at 0.683, with significant declines in constituent stocks such as Construction Industry, which hit the limit down, and others like 6912 and Hongdu Aviation, which dropped over 5% [1][2]. - There was a notable increase in market premium for the ETF, indicating that investors were actively buying on dips, with over 35 million yuan entering the market in the previous two days [1][3]. Group 2: Future Catalysts - Upcoming events such as the Army Day and the 93rd National Day military parade are expected to stimulate the defense and military market [1][3]. - Analysts predict that the defense and military industry will enter a performance realization phase in the second half of 2025, driven by personnel adjustments, institutional reforms, and a backlog of orders [3]. Group 3: Financial Performance - Data shows that 42 military stocks reported a combined net profit of nearly 5.6 billion yuan for the first half of 2025, reflecting a year-on-year growth of over 45%, marking the highest level in five years [3]. - The ETF (512810) covers a wide range of sectors, including commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, military AI, and controllable nuclear fusion, making it a diversified investment option [3]. Group 4: Investment Accessibility - The ETF underwent a share split in June, reducing the investment threshold by half, allowing investors to access core military assets for less than 70 yuan [3].

通俗地讲，低空监管服务运营平台就像"千里眼"，能够精准"捕捉"快速移动的无人机。济宁飞控中心是山东首个5G-A 多模态融合低空飞行监管平台，目前，已建成太白湖景区核心区示范点，正在建设运河城商业核心区和大安机场两个 示范点，初步构建覆盖约25平方公里的低空智联基础设施网络。为下一步低空经济发展提供安全基座。 通过5G-A网络规模化覆盖，为低空飞行设备和地面设备的实时通信和数据交换提供支撑。采用5G-A通感一体基站结 合TDOA时差定位技术，配合AI算法，可实现对包括空中的无人机、飞鸟、气球等物体的清晰识别，准确率达95%； 融合RID识别与协议破解技术，飞手定位精度≤10米，不管是否报备，都能及时找到无人机的操控者；通过逆向解析控 制信号，成功实现导航诱骗功能，大幅提升低空威胁处置效率。作为低空监管的核心技术基座，通过"感知-定位-决 策"技术闭环，努力建设"可预警、可追踪、可处置"的空中监管体系。 当前，低空经济已经成为一个网络热词、社会热点。发展低空经济，安全可控与智联基建是产业发展的核心命题，可 以说，没有安全保障，就没有低空经济。 在山东济宁，山东移动联合当地政府部门依托中国移动5G-A技术，积极打造 ...

【投国防军工，选"512八一0"】 代码含"八一"的国防军工ETF（512810）：兼顾传统主战力量+新域新质力量，覆盖"商业航天 + 低空 经济 + 大飞机 + 深海科技 + 军用AI + 可控核聚变"等诸多热门题材，同时是融资融券标的+互联互通标 的。 连涨4天后，7月30日，国防军工盘初冲高回落，午后加速走低！代码有"八一"的国防军工ETF （512810）跌逾2%，成份股建设工业跌停，六九一二、洪都航空跌逾5%。 值得关注的是，512810场内溢价走阔，资金逢跌吸筹痕迹明显。此前2日，已有超3500万元资金进场。 | 19 SECHE SEL 78 THE ESS T.A @ (2) > | 例 3日 1分 · | | | | | | | | | | | | | 国防军工程工作(1) | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0.683 -0.014 -2.01% | 0.71 | | 512810[EM6 ...

Core Points - The Guangzhou Development Zone is investing approximately 200 million yuan to support the low-altitude economy and aerospace industry, with a maximum single award of 30 million yuan for companies obtaining key aviation certifications [1] - The new policy aims to create a comprehensive ecosystem for the low-altitude economy, including a layout of low-altitude takeoff and landing points and flight routes [1][4] - The area has already attracted over 50 upstream and downstream enterprises, generating a total output value of 14.8 billion yuan, with 26 low-altitude projects signed in the past year totaling 18.3 billion yuan in investment [4] Investment and Infrastructure - The policy includes a "3+9+N" layout system for low-altitude takeoff and landing points, consisting of 3 hubs, 9 landing sites, and multiple takeoff points [1] - A low-altitude equipment manufacturing park covering 5 square kilometers is being planned, which will include advanced technology laboratories and multifunctional testing runways [4] - The area has conducted 1,923 flight activities with a total flight time of 243 hours and a flight distance of 3,760.57 kilometers, utilizing an airspace of 408.4 square kilometers [4] Application and Development - The local government is promoting 16 typical application scenarios and a list of 55 specific opportunities in the low-altitude economy [4] - Successful applications in the area include the use of drones for precision farming, which has increased operational efficiency by over 30% and reduced costs by 20% [4] - Plans are in place to deploy 100 government drones within three years, opening up 10 commercial application scenarios including smart logistics and emergency rescue [4]

Core Viewpoint - Hangshi Group aims to become a world-class industrial investment group, achieving a revenue of $39.496 billion and ranking 394th on the Fortune Global 500 list for two consecutive years [9]. Group 1: Financial Performance - In the first half of the year, Hangshi Group reported a revenue growth of 22.7% and a profit increase of 9.73%, indicating strong operational performance [10]. - The manufacturing sector's profit contribution has been steadily increasing, becoming the main source of profitability for the group [12]. Group 2: Strategic Initiatives - Hangshi Group is focusing on the integration of traditional and emerging industries, implementing six major enhancement actions to boost core competitiveness and brand influence [9][10]. - The group has invested over 6 billion yuan in the first half of the year across various sectors, including significant projects in low-altitude technology and synthetic biology [12]. Group 3: Innovation and Technology - The establishment of a technology industry department aims to enhance innovation and increase R&D investment, with a three-year plan to double R&D funding [14][15]. - The "AI+" initiative is being pursued to drive the intelligent upgrade of traditional manufacturing [13]. Group 4: Future Industry Development - Hangshi Group is accelerating its layout in future industries such as low-altitude economy and synthetic biology, with a focus on creating a high-quality industrial ecosystem [17]. - The group has launched the "Shiye Zhito" investment brand and a 10 billion yuan mother fund to support innovative projects [9][19]. Group 5: Global Expansion - Hangshi Group is actively pursuing international expansion, with a focus on integrating investment, trade, and services in its global strategy [22]. - The group has achieved a 35% year-on-year increase in international trade sales volume in the first half of the year [23].