证券代码：301318 证券简称：维海德 | | 技术型标的，强化核心环节竞争优势，构建全链条价值；筛选 | | --- | --- | | | 具备协同潜力的优质企业，加速技术融合与市场互补。期望通 | | | 过产能协同优化、研发资源共享及客户渠道联动，释放战略协 | | | 同势能，实现价值倍增效应。 | | 附件清单 | 无 | 编号：2025-05 投资者关系活动 类别 ☑特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 ☑其他（电话会议） 参与单位名称 国金证券：孟灿 博时基金：李绮雯 天风证券：缪欣君、王祺深 华泰伯瑞基金：曾懿之 时间 2025 年 7 月 7 日-7 月 8 日 地点 深圳市维海德技术股份有限公司会议室、线上会议 上市公司接待人 员姓名 董事会秘书：杨莹 证券事务代表：汪慧 投资者关系活动 主要内容介绍 第一部分：介绍公司基本情况 公司主要从事高清及超高清视频会议摄像机、视频会议终端、 会议麦克风等音视频通讯设备的研发、生产、销售和相关技术 服务，是我国音视频通讯设备及解决方案的主要供应商之一， 产品广泛应用于商务视频会议、教育录播、 ...

Group 1 - The core viewpoint of the article emphasizes the transformation in the field of synthetic chemistry, shifting from traditional experience-driven methods to data-driven and intelligent-driven approaches, primarily through the integration of robotics and AI [2][5][6] - The "Synthesis Chemistry Research New Paradigm - Robotics and AI Symposium" held in Shanghai aims to promote the intersection of chemistry, artificial intelligence, and automation technology, fostering academic innovation and accelerating industrial application [2][4] Group 2 - The keynote speeches highlighted the necessity of evolving the research paradigm in synthetic chemistry, with a focus on enhancing research efficiency through advanced methods beyond traditional techniques [5][6] - Various experts presented their findings on how AI and automation are revolutionizing the development of catalytic materials, significantly reducing research timelines by over 50% [12] - The integration of AI with robotics is being explored to create intelligent autonomous experimental platforms, which aim to accelerate the discovery of new materials and enhance research capabilities across various industries [14][40] Group 3 - The symposium featured discussions on the challenges faced in applying AI in synthetic chemistry, such as data scarcity and the complexity of reactions, while emphasizing the need for a collaborative approach to build a comprehensive synthetic chemistry database [23] - A consensus was reached among participants on the importance of creating an open data ecosystem to overcome interdisciplinary barriers and enhance the synergy between academia and industry [49] - The closing remarks underscored the progress made in Chinese academic conferences and the collective commitment to embrace intelligent technologies for substantial contributions to global chemistry [56]

Group 1 - The core point of the news is that Ningbo Changhong High Polymer Technology Co., Ltd. is planning to acquire 100% equity of Guangxi Changke New Materials Co., Ltd. through a combination of issuing shares, convertible bonds, and cash payment, which is expected to constitute a significant asset restructuring without changing the actual controller of the company [1] - Guangxi Changke is a high-tech enterprise specializing in the R&D, production, and sales of specialty synthetic resin polymer materials, including transparent ABS, high transparency MS, high acrylonitrile AS, and high impact ABS/HIPS [1] - The acquisition is expected to enhance Changhong High Tech's competitive edge in the industry across multiple dimensions, particularly in technology, products, and the industrial chain [1] Group 2 - The transparent ABS process of Guangxi Changke fills a gap in Changhong High Tech's high-end specialty resin manufacturing, and the technological synergy is expected to accelerate cross-domain technology integration, leading to innovative products that meet the demands of new energy vehicles and green packaging [2] - Changhong High Tech has been focusing on developing high value-added and high-demand new products, with plans to invest in a "Acrylic Acid Industrial Park Project" in collaboration with Ningbo Haoxiang New Materials Technology Co., Ltd. in 2024 [2] - The completion of the acquisition will allow Changhong High Tech to further improve its product matrix and industrial layout in the high-performance and high value-added new materials sector [2] Group 3 - The company aims to optimize its industrial structure through project upgrades, new project construction, new product development, and capital operations, striving for product diversification, terminalization, and differentiation to achieve long-term development goals and create greater value for shareholders [3]

南都讯 记者张小玲 实习生何昕怡 在深圳建设国际消费中心城市的战略版图中，龙华区展现后起之秀的 商业爆发力。在消费服务业"半年考"中，今年1-4月，龙华街道服务业累计营业收入达88.90亿元，同比 大幅增长14.7%，增速稳居全区首位，成为全区唯一实现两位数增长的街道，占全区服务业营收比重达 23.8%。大浪街道后浪新天地上半年出租率高达 93%整体销售额约 12 亿元；民治街道以港澳客源开拓 新消费群体，观澜街道则以文体赛事激活商旅融合潜力等。龙华区各街道各出奇招，在全市 42 个区域 级活力商圈中，让仅占据 7 席的龙华区商业版图迸发出超常规发展动能。 龙华街道服务业营业收入达88.90亿元 增速稳居全区首位 "加快推进消费和服务业发展，挖掘高质量发展新潜力"是今年龙华区委党代会报告的头号任务，报告明 确提出要"全面建设国际消费中心城市主力区"。在全市的商业大棋中，作为行政区后起之秀的龙华区， 采用"商业+"及吸引港澳游客等诸多创新举措在商业发展中紧抓机遇后起直追。 在"深圳商业网点规划(2025-2035)"中，全市42个区域级活力商圈中，龙华区占据7个。被列为深圳重点 建设的全国级商圈的龙华超级商圈位 ...

Core Viewpoint - Shenzhen's consumer-grade smart imaging industry is rapidly gaining global traction, with products like 360-degree cameras and drones becoming highly popular among international consumers, particularly in the U.S. [1][4] Group 1: Product Popularity and Market Reach - A panoramic camera from Shenzhen has sparked a buying frenzy in the U.S., with long queues forming for purchases [1] - Shenzhen-manufactured smart imaging devices, including panoramic cameras and drones, are exported to over 200 countries and regions, capturing around 70% of the global market share [4] - The popularity of these products is attributed to their innovative features, such as a selfie stick that can become "invisible" and the ability to capture immersive 360-degree images [5][4] Group 2: Technological Innovation and Ecosystem Development - Shenzhen companies are shifting from hardware competition to a new ecosystem that integrates "devices + software + content," enhancing their global influence in the smart imaging industry [7][10] - Innovations in AI algorithms and hardware allow devices to automatically recognize and track subjects, significantly improving user experience [7][8] - The development of 8K ultra-high-definition imaging technology and advanced stabilization techniques has further enhanced the capabilities of these consumer-grade devices [8] Group 3: Industry Growth and Support - Shenzhen has established a comprehensive supply chain and manufacturing ecosystem for consumer electronics, supported by significant investments in AI and technology [18] - The local government has introduced action plans and funds totaling 20 billion yuan to support the development of strategic emerging industries, fostering a favorable environment for innovation [18] - The collaborative nature of the industry, exemplified by the interconnected businesses in Huaqiangbei, enables rapid product development and customization to meet diverse market demands [17][15]

【DT新材料】 获悉，7月4日， 陕煤集团榆林化学 1500万吨/年煤炭分质清洁高效转化示范项目烯烃、芳烃及深加工工程(以 下简称二期项目)融资签约仪式在西安举行。 据悉， 国家开发银行陕西分行、农业银行陕西分行、中国银行陕西分行等11家金融机构融资规模超 1000亿元 ，助力二期项 目建设。 截至6月底，二期项目180天完成了所有长周期设备订购工作。16个工艺包已陆续交付15个，27套基础设计已完成审查25 个，桩基、地下管网等工程已全面开工。 陕煤集团党委书记、董事长张文琪表示 ， 二期项目作为目前最大的煤化工项目，是国家能源发展规划的重点项目，也是落实 煤化工产业高端化、多元化、低碳化发展的重要实践，更是陕西省四个千亿级能源化工项目中率先核准开工的项目。 二期项 目融资获批额度超 1000亿元 ，单户最大批复达 240亿元 ，创下了同类项目融资规模的新纪录，首次实现无担保信用融资， 成为了银企合作的典范，树立了产融协同的新标杆。 产品及设备展区 企业产品、新品、设备展区 说明： 本文部分素材来自于 陕煤集团榆林化学 公司 官网及网络公开信息，由作者重新编写，系作者个人观点，本平台发布仅为了传达一种不同观 ...

Core Viewpoint - The insurance capital market is experiencing a significant wave of acquisitions, with insurance funds actively buying shares in listed companies, particularly in the banking and public utility sectors, as well as in leading cyclical industries like steel [2][3][4]. Group 1: Insurance Capital Trends - Insurance funds have made 19 acquisitions this year, nearly matching last year's total of 20 within just six months [2]. - A notable trend is the substantial movement of funds towards Hong Kong stocks, with 14 out of 19 acquisitions involving Hong Kong-listed companies [2][8]. - The average return on investment for insurance companies in the Hong Kong market is approximately 15%, indicating a strong performance compared to previous years [2][8]. Group 2: Investment Strategies - The acquisitions reflect a rebalancing of insurance assets and liabilities, emphasizing long-term value investment [2][5]. - Insurance companies are increasingly focusing on high-dividend, low-volatility stocks, particularly in the banking sector, which offers an average dividend yield exceeding 5% [6][7]. - The recent regulatory changes have allowed for more flexible equity asset allocation, potentially unlocking an additional 1.5 trillion yuan in investment capital [5]. Group 3: Sector Focus - The banking sector remains the primary focus for insurance fund acquisitions, with nine out of the 19 acquisitions involving banking stocks [6]. - Steel industry leaders like Hualing Steel are also attracting attention, indicating a tactical interest in undervalued cyclical stocks [7]. - The insurance funds are not entirely avoiding cyclical industries but are selectively investing in financially stable companies with strong cash flow and dividend capabilities [3][4]. Group 4: Market Dynamics - The Hong Kong market is becoming increasingly attractive due to its higher dividend yields and significant valuation discounts compared to A-shares [8]. - The ongoing release of institutional benefits in Hong Kong is expected to enhance its appeal to cross-border investments [8]. - Despite geopolitical tensions, the Hong Kong market has shown resilience, achieving a 20% increase in performance, making it a leading financial center [8].

店 转自：新华财经 随着暑期旅游旺季到来，出境游市场显著回暖。途牛等在线旅游平台的数据显示，今年暑期出境游预订量同比增长超60%，特别是在东南亚、欧洲等目的 地，住宿、交通和文旅消费呈现出显著攀升。而较早前中国旅游研究院发布的《中国出境旅游发展年度报告2024》显示，今年中国公民出境旅游人次有望达 到1.46亿。 在消费结构升级的背景下，游客对海外住宿体验的期望从"能住"转向"好住"，更青睐于熟悉、安全、便捷且可预期的服务体系。一些具备全球能力与数字平 台支撑的中国本土酒店集团，正逐步在这一趋势中扮演更加积极的角色。 上海中心J酒 全球布局提速，构建覆盖五大洲的服务网络 近年来，随着中国酒店管理能力、品牌力和数字化水平的提升，中资酒店集团"走出去"的步伐不断提速，包括锦江、华住、尚美等头部企业正加快在东南 亚、欧洲、中东等重点区域的布局，部分品牌已在海外实现直营、加盟、品牌授权等多种模式并行发展的格局。 作为"领头羊"，锦江国际集团近年来持续拓展全球布局。根据酒店行业权威媒体美国《HOTELS》杂志2024年7月公布的全球酒店集团排行榜，锦江国际集 团酒店规模位居全球第二、亚洲第一。截至2024年底，锦江投资 ...

2025.07. 07 作者 | 第一 财经 葛慧 2025年7月7日，第一财经从奇瑞汽车方面获悉，公司成立奇瑞品牌国内业务事业群，下设星途事业 部、艾虎事业部、风云事业部、QQ事业部四大事业部。 和此前的架构相比，这次调整的最大变化是，代表高端的星途品牌国内业务事业部的组织和职能，整 体纳入奇瑞品牌国内业务事业群。 微信编辑 | 小羊 推荐阅读 雷军回应友商"截胡"YU7 调整后的四大事业部中，星途事业部聚焦高端品牌星途，艾虎事业部聚焦经典产品艾瑞泽和瑞虎，风 云事业部聚焦新能源品牌风云，QQ事业部聚焦小车产品。奇瑞汽车执行副总裁李学用，兼任奇瑞品 牌国内业务事业群总经理。 此前奇瑞方面的品牌矩阵为"奢值野潮智"五大概念，分别对应星途、奇瑞、捷途、iCar和智界五个 品牌。奇瑞方面回应第一财经称，此次仅为内部机构调整，不涉及品牌定位。调整的主要原因是为了 实现战略聚焦、资源整合、强化协同、品牌向上。 ...

Market Overview - A-shares reached a new high for the year, driven by domestic policy initiatives and liquidity easing, with net purchases in margin trading hitting 18.9 billion CNY, a three-month high[4] - The Shanghai Composite Index approached 3500 points, led by bank stocks, reflecting effective growth stabilization policies and valuation recovery logic[4] - The Nasdaq index rose, driven by technology giants like Nvidia, despite weakened interest rate cut expectations and ongoing trade tensions[4] Commodity Performance - Structural rebound in commodities, with black metals (coking coal +3.76%, rebar +1.45%) and gold (+1.79%) leading gains, indicating improved domestic demand expectations[4] - However, the overall supply-demand balance remains weak, with futures market strategies under pressure (momentum -1.51%) due to a lack of fundamental support[4] Asset Allocation Recommendations - Bonds (score 6): Supported by liquidity easing and optimistic sentiment, focus on MLF renewal scale and seasonal recovery of wealth management products[5] - Overseas equities (score 6): Overweight non-US markets (e.g., Hong Kong, South Korea) to capitalize on a weaker dollar and resilient fundamentals[5] - Gold (score 5): Strengthened safe-haven appeal due to geopolitical conflicts and growth slowdown, though short-term performance may be suppressed by rising risk appetite[5] - A-shares (score 5): Valuation recovery supported by high dividend defensive attributes, while avoiding sectors with declining profit expectations[5] - Commodities (score 4): Overall underweight due to weak supply-demand dynamics[5] Risk Factors - Policy adjustment risks; market volatility risks; geopolitical shocks; economic data validation risks; liquidity transmission risks[6]