明日主题前瞻 1、可控核聚变 | 据中证报报道，欧盟委员会近日表示，欧盟国家扩大核能计划将需要2410亿欧元（约合2780亿美元）投资，并设立新的融资工具，以降低 私人投资者面临的高成本风险。欧盟委员会在一份投资需求分析草案中称，欧盟国家已制定计划，到2050年将核电装机容量从目前的98吉瓦提高至109吉 瓦。的清洁能源。实现净能量增益的突破长久以来被视为使核聚变成为一种实用且可持续能源解决方案的关键里程碑。如今，NIF已第八次成功实现净能量 增益，不仅刷新自身记录，还展现出朝着实现核聚变能源稳步迈进的态势。 点评：今年以来，核电领域利好消息不断。近期，世界银行的一项决定结束了该行自1959年以来对核能项目的融资禁令。根据中国核能行业协会发布的《中 国核能发展报告（2025）》蓝皮书，全球核能发展迎来全面复兴。在"双碳"目标指引下，我国核电建设进程明显提速，2024年核准核电机组数量创历史新 高，涉及第三代和第四代技术，在建机组数量保持全球第一。按照当前的建设速度和节奏，2030年前我国在运核电装机规模有望跃居世界第一。同时，全球 对清洁能源的需求持续增长，核电作为低碳、高效的能源形式，在能源结构中的地位日益 ...

脑机接口概念股脑再生开盘暴涨，多次熔断。 当地时间6月16日，美股三大股指全线高开，截至发稿，道指、标普500指数、纳指均涨超1%。 | 道琼斯指数 | 42646.75 | +1.06% | | --- | --- | --- | | .DJI | | | | 标普500指数 | 6042.23 | +1.09% | | .SPX | | | | 纳斯达克综合指数 | 19684.84 | +1.43% | | .IXIC | | | | 纳斯达克中国金龙指数 | 7402.42 | +2.33% | | .HXC | | | 大型科技股集体上涨，截至发稿，脸书母公司Meta涨近3%，英伟达涨近2%，特斯拉、微软涨超1%，亚马逊、苹果、谷歌A小幅上涨。 | 今开 | 26.200 | 最高 | | 67.090 | 成交量 | | 88.32万股 | 总市值 ▼ | | 331.75亿 | 市盈(TTM) | 亏损 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 昨收 | 15.661 | ...

Core Viewpoint - The 2025 Third National Artificial Intelligence Application Scenario Innovation Challenge (CICAS) "Wuyue Cup" Quantum Computing Special Competition has officially launched, aiming to attract at least 100 project teams with disruptive original technologies and industry applications based on quantum computing [1][2] Group 1: Competition Overview - The competition is hosted by the Chinese Association for Artificial Intelligence and co-organized by several institutions, including the Guangdong-Hong Kong-Macao Greater Bay Area Quantum Science Center and China Mobile Cloud Capability Center [1] - Registration for the competition is open from June 16 to August 31, 2025 [1] Group 2: Industry Insights - The Chinese quantum technology industry is advancing steadily, with quantum computing expected to overcome current computational bottlenecks in AI model training, enhancing algorithm efficiency [1] - The integration of AI and quantum computing is anticipated to play a significant role in various application fields such as biochemistry, fintech, information security, and engineering design, becoming a strategic high ground [1] Group 3: Competition Categories - The competition features six main topics related to quantum computing applications, including optimization of deep learning model architectures, large model compression, task scheduling strategies, quantum clustering algorithms for user classification in recommendation systems, explorations of explainable AI, and quantum + AI methods for industry scenarios [2] - The competition awards include special prizes, first prizes, second prizes, and third prizes, with special and first prize projects recommended for the CICAS national finals [2] Group 4: Previous Success - Since its inception in 2023, CICAS has successfully held two editions, attracting over 4,800 technology talent teams and projects, and has invited numerous authoritative review teams, aiming to establish a benchmark event for innovation in AI application scenarios and the industrialization of scientific achievements [2]

Financial Performance - Oracle reported a total revenue of $57.4 billion for the fiscal year 2025, with a net profit of $12.4 billion. The fourth quarter revenue reached $15.9 billion, marking an 11% year-over-year increase [2] - Adobe's Q2 revenue was $5.87 billion, up 11% year-over-year, exceeding analyst expectations. Adjusted EPS was $5.06, a 13% increase, but investor concerns about future competition in AI remain [3] Company Changes - ByteDance's AI Lab head, Li Hang, has officially stepped down, transitioning to a consultant role. This change follows the integration of the AI Lab into the Seed team led by former Google DeepMind VP Wu Yonghui [3][5] - Kingsoft Cloud announced the resignation of CFO He Haijian, effective June 30, 2025, due to personal reasons [6] AI Talent Acquisition - Baidu launched its largest AI talent recruitment initiative, expanding job openings by over 60% compared to last year, focusing on cutting-edge AI fields [6] AI Product Developments - ByteDance's self-developed AI IDE "TRAE" has surpassed 1 million monthly active users, with over 80% of internal engineers utilizing it for development [7] - Volcano Engine released version 1.6 of its Doubao large model, introducing a pricing model based on input length, significantly reducing costs [9] - Alibaba's Tongyi Qianwen 3 model achieved over 12.5 million downloads in its first month, with over 130,000 derivative models created [10] Corporate Investments - Amazon plans to invest AUD 20 billion in expanding its data center infrastructure in Australia from 2025 to 2029, marking the largest global tech investment in the country [18] - Meta announced the acquisition of a 49% stake in Scale AI for $14.8 billion to enhance its AI capabilities [22][23] Market Trends - IDC forecasts that the Chinese graph database market will reach RMB 644 million in 2024, growing 17% year-over-year, with major players including Huawei Cloud and Ant Group [24] - The Ministry of Transport emphasized the need for collaboration in technology transfer within the transportation sector to enhance AI applications [27]

Core Viewpoint - The Shanghai Financial Regulatory Bureau and the Shanghai Science and Technology Commission have issued guidelines to develop a high-quality technology insurance system that aligns with the construction of an international technology innovation center in Shanghai [1] Group 1: Framework and Objectives - The guidelines propose a comprehensive insurance development framework that covers the entire chain of technological innovation and the full lifecycle of technology enterprises [2] - The initiative aims to inject stability into key areas such as technological breakthroughs, industrial upgrades, and international expansion of enterprises [2] - The guidelines emphasize the importance of supporting major scientific research tasks and nurturing future industries through technology insurance [2] Group 2: Product and Capability Innovation - The introduction of "Shanghai Science Points" aims to explore precise pricing in insurance and promote the deep application of artificial intelligence in the insurance sector [2] - Large insurance institutions are encouraged to play a leading role in building specialized products, professional talent, and dedicated systems [2] - The guidelines advocate for the development of specialized regulatory methods that align with technology insurance [2] Group 3: Partnership and Long-term Vision - The guidelines focus on creating a "partnership" between the insurance industry and future industries, emphasizing a win-win process and the importance of long-term commitment to innovation [3] - Shanghai's technology insurance initiatives began in 2010, with the establishment of a tripartite risk-sharing model [3] - As of the first quarter of this year, Shanghai's technology insurance provided risk coverage of 2,572 billion yuan, marking a 16% year-on-year increase [3] Group 4: Ecosystem Development - The guidelines promote an "ecological, systematic, and international" approach to provide comprehensive risk protection and development engines for technological innovation [4] - The development emphasizes deep collaboration among government, insurance institutions, research institutes, and enterprises [4] - A technology insurance expert database and data-sharing mechanisms are proposed to enhance standardized evaluations [4] Group 5: Systematic and International Integration - The policy aims to cover the entire chain of technological innovation and the lifecycle of technology enterprises, focusing on key stages such as research and development, pilot testing, and industrialization [5] - The guidelines leverage Shanghai's international reinsurance center to provide cross-border risk defense capabilities for enterprises expanding globally [5] - The introduction of special risk transfer tools and the integration of insurance and loan services are aimed at creating a sustainable and manageable technology insurance ecosystem [5]

Core Viewpoint - The research teams from Shanghai Jiao Tong University and Shanghai University of Electric Power have made significant advancements in quantum direct communication, proposing a scalable architecture for long-distance quantum direct communication and successfully establishing a 300-kilometer quantum direct communication network among four nodes [1][2]. Group 1: Research Achievements - The quantum direct communication theory was first introduced in 2000 by teams from Tsinghua University and Beijing Quantum Information Science Research Institute, with subsequent experimental validations by various institutions [1]. - In 2021, the Shanghai Jiao Tong University team achieved a 40-kilometer quantum direct communication network involving 15 nodes, laying a solid foundation for further advancements [2]. - The recent study utilized a dual-pump optical parametric down-conversion technique to create a quantum entanglement distribution system with high anti-interference capability, maintaining a quantum state fidelity of over 85% after communication [2]. Group 2: Technical Breakthroughs - The research achieved three main technical breakthroughs: overcoming the limitations of traditional star network architecture to enable scalable full connectivity, enhancing transmission distance to 300 kilometers through optimized entangled light source preparation, and establishing an error correction mechanism based on quantum state reconstruction to ensure multi-node communication stability [2]. - After a 300-kilometer transmission, the photon pair count at the receiving node remained at 300-400 Hz, indicating a theoretical communication rate of several bits per second after encoding [2]. Group 3: Future Applications - The successful construction of this quantum communication network system lays a crucial foundation for practical applications in fields requiring high information security, such as military command, government communication, and financial transactions [3].

扫码订阅 智能制造 产业日报， 2. 【中科海芯RISC-V芯片研发及产业化项目成功签约】近日，中科海芯RISC-V芯片研发及产业化 项目落地无锡市锡山区工业芯谷产业园签约仪式在北京顺利举行。无锡市锡山区委书记方力率领锡山 区及锡山经济技术开发区代表团一行，莅临北京开源芯片研究院（开芯院）考察中科海芯，并与中科 海芯董事长宫相坤等企业及合作单位代表深入交流，共同见证项目签约。此次签约标志着该项目意向 落户无锡市锡山区工业芯谷产业园取得突破性进展，进入实质性推进阶段。 （科创板日报） 3.【武汉大学研发抗量子密码技术"数字护照"，以国产安全芯片为载体】 据武汉大学官网，武汉大 学国家网络安全学院"快芯护航"团队公布了一款"数字护照"， 相应护照以国产安全芯片为载体，引 入抗量子密码技术进行核验，相对于传统纸质护照具有更高的安全性和便携性 。 相应"数字护照"一 端集成于测试手机，便捷地承载电子护照功能；另一端则部署于验证终端，如海关、机场的电脑系 统。其密钥算法基于国际通行的护照密码协议，同时融入了后量子密码标准算法，实现高可靠核验安 全性。（新浪财经） 4.【消息称苹果明年更新MacBook Pro设计：串联 ...

Investment Rating - The industry investment rating is "Outperform the Market," indicating an expectation that the industry index will perform better than the benchmark index over the next 6-12 months [30]. Core Insights - ByteDance launched several new products at the Volcano Engine Force conference, including the Doubao model 1.6 and the Seedance 1.0 pro video generation model, which has shown outstanding performance in complex reasoning and multi-turn dialogue tests [11][12]. - The Doubao model has a daily token usage exceeding 16.4 trillion, with a market share of 46.4% in China's public cloud model market, leading the sector [12]. - The new generation of domestic optical quantum computer "TurningQ Gen2" was showcased at the Shanghai International Technology Fair, demonstrating computational power comparable to top supercomputers while being energy-efficient and compact [13][14]. - NVIDIA plans to build over 20 AI factories in Europe to enhance AI computing power by tenfold by 2026, collaborating with Mistral AI to create a comprehensive AI ecosystem [15][16]. Summary by Sections Company Developments - iFlytek held a product upgrade conference, launching the upgraded version of its intelligent interaction product, which enhances multilingual capabilities and integrates code generation features [22]. - Suzhou Technology disclosed that its high-precision Lovesim simulation engine has been applied in various aerospace control systems [22]. Investment Recommendations - Attention is recommended for companies in the ByteDance supply chain, including Dazhi Technology, Borui Data, and others, due to the strong market position of the Doubao model [4].

完整早报音频，请点击标题下方小耳机收听 【巨人网络：目前经营情况正常，不存在公司应披露而未披露的重大事项】 巨人网络公告称，公司股 票于 2025 年 6 月 11 日至 13 日连续三个交易日内收盘价格涨幅偏离值累计超过 20% ，属于股票 交易异常波动情况。经核实，公司前期披露的信息不存在需要更正、补充之处，近期公司经营情况正 常，内外部经营环境未发生重大变化。公司、控股股东和实际控制人不存在关于公司的应披露而未披 露的重大事项，或处于筹划阶段的重大事项。股票异常波动期间，控股股东、实际控制人未买卖公司 股票。（新京报） 【深蓝汽车回应南通一车辆在维修站冒烟起火：系外力导致，非车辆问题】 6 月 15 日，深蓝汽车超 级增程负责人喻成发布声明称， 2025 年 6 月 10 日下午 15 时 30 分左右，江苏南通一辆深蓝 S05 在维修站发生冒烟起火事件。事件发生后，现场工作人员及时将火扑灭，无人员受伤，车辆也已 迅速安全转移。经公司人员和技术团队现场勘察和调查了解，初步判断该次事件原因为：维修人员作 业过程中操作失误，导致动力电池高压短路，进而引发电池起火。综上所述，这是一起外力导致的意 外，并非车辆 ...

2025.6.12市场逻辑精选 、机会前瞻 (一) 稳定币:蚂蚁数科启动申请香港稳定币牌照 (二) 川超:借鉴苏超经验,下周开赛 (一) 奥雅股份:WAKUKU联名盲盒 (二) 新经典:IP运营多元升级,推出盲盒产品 (三) 实丰文化:公司 "AI魔法星"或可应用于泡泡马特潮玩 电子城:合作玻色量子布局量子计算 奥赛康:创新药/仿制药有望陆续上市 弘讯科技:子公司参与多个国际核聚变项目 60SA提供8套误差场校正的电源系统;2024年为意大利国家原子能研究中心（ENEA）主导的核聚变实- (三) 存储: 美光宣布将内存制造投资额扩大到1500亿美元 · 好上好: 电子元器件分销商,列全球第三、本土第十一位,代理存储芯片。 。 相关公司 二、大涨分析 。存储模组:江波龙、佰维存储、朗科科技、联芸科技、万润科技等。 · 存储芯片: 兆易创新、北京君正、普冉股份、东芯股份、恒烁股份、澜起科技、聚辰股份等 。 · 存储分销/封测:中电港、力源信息、商络电子、深科技、太极实业、通富微电等。 。驱动：2025年6月11日，美股量子之歌两日大涨（先涨32.95%，再涨30.52% ），其收购的Letsvan- , WAKU ...