兼具非遗传承与市场引领双重身份的王麻子，正以技术创新、品质升级、文化出海等多元实践，成为行业转型 升级的典型样本。在新的时代命题下，王麻子致力于将三百多年的匠心传承，变成品牌和产品创新的内核—— 在产业升级的"硬实力"背后，融入文化传承的"软价值"。 设计驱动：全球奖项，锚定价值新高度 2025年，中国刀剪产业在品质消费崛起与制造转型的双重驱动下，步入深度整合与价值重塑的关键阶段。与此 同时，2025年政府工作报告中"推进文化遗产系统性保护，提升非物质文化遗产保护利用水平"的要求，与产业 升级趋势形成战略呼应，为拥有深厚历史底蕴的行业指明了"守正创新"，实现高质量发展的根本路径。 纵观2025年的中国厨刀市场，一场深刻的消费变革已然发生。沙利文（Frost & Sullivan）在2025年发布的《中 国主厨用刀白皮书》中指出，中国消费者的需求已发生根本性变迁——他们对菜刀的期待"不再局限于基本的 切割功能"，而是全面转向对专业化、健康安全、设计美学与极致体验等综合追求。这一变迁清晰表明，"体 验"已成为刀剪行业消费决策中日益关键的价值维度，正推动整个行业迈向以用户深度需求为导向的新发展阶 段。 这一成果的背 ...

2026年2月2日，佛山市十六届人大第六次会议召开，会议听取了市委常委、常务副市长刘杰作的政府工 作报告。 报告中一组数据值得注意：过去五年佛山先进制造业增加值占规模以上工业增加值的比重，从50.2%跃 升至55.7%。这看似寻常的5.5个百分点，却远非一个简单的数字增长。它如同一把钥匙，为我们揭示了 这座万亿级工业大市在经济深层次结构上发生的静默而深刻的革命。 这不仅是产业数据的优化，更是发展逻辑的切换，标志着佛山正在奋力跨越产业升级那道至关重要的门 槛。 5.5个百分点的攀升从规模扩张到质量驱动的转型实证 过去，提及"佛山制造"，人们脑海中浮现的往往是家电、陶瓷、家具等构成的庞大体量与完整链条。而 如今，佛山先进制造业增加值占比突破了55%，这意味着以工业机器人、新型储能、医药健康、半导体 等为代表的高技术、高附加值产业，已然超越"半壁江山"，成为驱动工业增长的主导力量。 这清晰地证明，佛山的转型蓝图没有停留在图纸之上，而是通过年均12.2%的工业投资、高达80%的规 上企业数字化转型率，以及季华实验室、仙湖实验室等重大创新平台的夯基垒台，成功将投入转化为产 业跃升的动能。 产业"含金量"与"含新量"的显 ...

Group 1 - The technology sector is a significant component of the NASDAQ index, encompassing software and application services, computer hardware, semiconductor chips, internet technology, and social media, with a focus on technological innovation driving the digital economy [1] - The healthcare industry holds a notable share in the NASDAQ index, including biotechnology research, medical device manufacturing, healthcare services, and pharmaceuticals, closely linked to global medical demand and research advancements [1] - The consumer sector is also represented in the NASDAQ index, involving retail trade, e-commerce platforms, and daily consumer goods manufacturing, directly addressing consumer needs through diverse products and services [1] Group 2 - The financial and industrial sectors are part of the NASDAQ index, with financial companies focusing on fintech, payment solutions, and asset management, while industrial firms cover aerospace, renewable energy equipment manufacturing, and industrial automation [2] - The NASDAQ index showcases a diversified industry composition, reflecting both emerging sectors like technology and traditional industries such as consumer and industrial, providing a comprehensive view of growth and innovation in the U.S. capital market [2] - This diversity in industry structure offers market participants valuable insights into the development status of related companies and highlights the capital market's acceptance of innovation and growth potential across different sectors [2]

Investment Rating - The chemical industry is rated as "Weak" and stable for 2025, with expectations of continued low economic prosperity and pressure on profitability [1]. Core Insights - The chemical industry is expected to remain in a low prosperity phase in 2025, with most raw material and product prices at historical lows. The decline in oil, coal, and gas prices has eased raw material cost pressures for chemical companies, but has weakened support for product prices [1][7]. - The overall profitability of the chemical industry is under pressure, with different segments experiencing varying levels of impact. The supply side shows a slowdown in fixed asset investment, while certain petrochemical raw materials like ethylene and propylene are expected to see significant new capacity released [1][4]. - Demand from downstream sectors is expected to remain weak, with notable differences across industries. Real estate demand continues to be sluggish, while automotive production is growing rapidly, and the demand for chemical raw materials in the new energy and new materials sectors remains high [1][27][32]. Summary by Sections Industry Overview - The chemical industry is categorized into basic chemicals and fine chemicals, with basic chemicals including acids, alkalis, and plastics, while fine chemicals encompass pesticides, fuels, and specialty chemicals [6]. Supply and Demand Dynamics - The supply of basic chemical raw materials is expected to grow moderately, while demand is anticipated to improve slightly. However, issues of overcapacity and homogenized competition are expected to persist in the short term [4][18]. - Fixed asset investment in the chemical industry has shown a general slowdown, with significant growth in the petrochemical and chemical fiber sectors, while investment in chemical raw materials and products has decreased [20][21]. Financial Performance - In the first three quarters of 2025, the overall operating income of sample companies in the chemical sector showed a slight decline, with profitability remaining at historical lows. However, cash flow from operations has improved [2][3]. - The credit quality of the chemical industry has weakened, with a concentration of credit ratings in the AAA and AA+ categories. The financing environment is stable, with a focus on leading companies [3][4]. Price Trends - The CCPI index for chemical products has shown a downward trend, with an average decline of 12.69% compared to 2023. Prices for many chemical products have reached historical lows due to weak demand and oversupply [9][17]. Sector-Specific Insights - In the agricultural chemicals sector, prices for key products like urea and glyphosate have fluctuated, influenced by global price trends and domestic demand [31]. - The new energy sector continues to drive demand for chemical raw materials, with significant growth in lithium battery production and renewable energy installations [32]. Future Outlook - The chemical industry is expected to face challenges in 2026, including continued overcapacity and competition issues. However, the fine chemicals sector is projected to develop towards high-end, green, and intelligent growth [4][5].

市场温度计 ิ源证券 | ETF周度配置指南 ETFFIC 配置指南 2026.01.30 (总04期) 本周市场先横盘，周五宽幅震荡，板块分化、全周板块轮动较快。本周五有色金属行业大幅调整，一方面受美联储降息 预期下降影响，另外受到短期技术性回吐和资金踩踏影响，非基本面崩盘：核心驱动仍在，调整后机会可能仍存。我们 判断未来一段时间，可能持续到春节前，市场整体呈现"慢牛"特征，但主题快速轮动。我们持续推荐优选长期趋势占 优品种进行配置的投资思路，回避短期博弈。长期方向可关注：1）美国反复TACO，可能导致各国加速转向国防、资 源、金融和供应链层面的自给自足，资源竞争加剧，大宗商品整体行情正处于上行周期，实物资产重估逻辑可能反复演 绎。目前资源品价格上涨已经呈现出扩散迹象，值得关注。2）全球科技竞争加剧推动国内科技自立自强战略加速落 地，A 股科技成长赛道迎来国产替代与产业升级的双重发展机遇。 风险提示：本材料非产品宣传推介材料，不构成任何投资建议。投资者不应以该等信息取代其独立判断或仅根据该等信息做出决 策。申万宏源证券对本材料拥有最终解释权，本材料所引信息来源于公开资料、第三方数据库以及本公司及申万研究内部 ...

Core Insights - In 2025, Jiyuan's total import and export value exceeded 50 billion yuan, reaching 52.77 billion yuan, ranking second in the province for import and export scale, with the highest export growth rate in the province [1] - The significant growth in Jiyuan's foreign trade, nearly 10 billion yuan increase from 2024, reflects the resilience and vitality of local industrial development amid global supply-demand fluctuations and geopolitical risks [1] Group 1: Traditional Industry Upgrades - Jiyuan's foreign trade growth is supported by the upgrade of traditional industries, with companies like Henan Jinli Jin Lead Group enhancing supply chain resilience through diversified raw material sourcing and innovative smelting technologies [2] - In 2025, Jiyuan's silver exports reached 14.77 billion yuan, a year-on-year increase of 32.3%, making it the top exporter in the country, with high-purity refined silver accounting for 30% of national exports [2] Group 2: Structural Optimization - The entry of new energy special vehicles from Desai Automotive (Jiyuan) into international markets has injected new momentum into Jiyuan's foreign trade, with exports totaling 885,000 USD in just six months [3] - Jiyuan has achieved significant milestones in various sectors, including being the top exporter of planting seeds in the province for five consecutive years and making breakthroughs in rabbit meat and complete vehicle exports to Europe and the U.S. [3] Group 3: Policy Support - Jiyuan has implemented over 17 million yuan in various foreign trade support funds to help enterprises stabilize orders and expand markets, with tailored support plans for large and small enterprises [4] - The number of enterprises with import and export performance reached 116, a year-on-year increase of 20.8%, and the trade network expanded with 14 new trading partners [4]

道，都承载着人民对美好生活的向往。蜀道集团助力四川在全国率先试点实施高速公路片区化"智慧云仓"收费模 式，ETC车辆通行效率提升18%；2025年，在全国最繁忙的绕城高速公路——成都绕城高速，通过运用"五岗合 一"创新管理机制，应急车道实现"弹性开放"，平均车速提高10%，晚高峰拥堵时长缩短25%，为城市高速公路拥 堵治理提供解决方案；一批服务区、收费站"拆墙"迎客，变身路上的"客厅"，其中雅康高速天全服务区2025年车 流量同比增长17%，营收同比增长6%，融合多元业态，打造集游玩、休憩、消费于一体的沉浸式体验空间。 在"做大支柱产业"中构建良性生态今年是蜀道集团成立的第5个年头。从2021年5月揭牌成立至今，蜀道集团已成 长为四川最大的省属国有企业。目前，蜀道集团所属全资及控股企业600余家，业务遍及60多个国家和地区，员工 超6万人。这样一艘"大船"要行稳致远，增长的动力从何而来？蜀道集团的回答，是依托"交通强省"第一主责，打 造形成"交通工程建设、能源矿产、产融结合"三大支柱产业；加快从功能型为主向功能型与竞争型并重转型，从 国有投资平台向综合型产业集团发展转型。交通工程建设是蜀道集团的立身之本，更是 ...

本报记者 方凌晨 公募排排网统计数据显示，今年1月份，公募机构共参与了5只新股的网下配售，获配金额超12亿元。在 业内人士看来，公募机构参与"打新"，主要出于收益增厚、优化组合配置、战略布局等多方面考量。未 来公募"打新"热情有望延续，综合实力强劲的公募机构有望主导"打新"市场。 新股各具行业代表性 上述数据显示，1月份公募机构参与新股网下配售合计获配6022.33万股，获配金额达12.50亿元。 深圳市融智私募证券投资基金管理有限公司FOF（基金中的基金）基金经理李春瑜对《证券日报》记者 分析，一方面，新股网下配售具有风险相对较低、收益兑现较快的特点，能够有效增厚基金收益，尤其 在市场震荡期间，"打新"收益可以成为基金重要的收益稳定器；另一方面，"打新"也是公募机构布局高 成长赛道的重要方式，通过参与新股配售，公募机构可以提前锁定优质资产，与现有权益组合形成互 补，进一步优化配置结构。 具体来看，公募机构参与网下配售的5只新股分别是恒运昌、振石股份、北芯生命、至信股份和世盟股 份，从申万行业分类来看，这些新股各具行业代表性，分别隶属于半导体、玻璃玻纤、医疗器械、汽车 零部件和物流五大行业。 在南开大学金融学 ...

近日，2026深圳市银发消费促进行动正式启动。图为深圳市罗湖区的银发消费品牌体验展区吸引市民前 来咨询体验。 新华社记者 梁 旭摄 洪勇认为，《方案》围绕交通、家政、网络视听、旅居、汽车后市场、入境消费等服务消费重点领域精 准施策，能够有效增强服务供给体系的韧性与创新活力，为形成多元丰富的消费市场提供制度与资源保 障，进而推动消费结构与产业结构的深度融合与优化。 为优化和扩大服务供给，《方案》聚焦重要消费场景提出了多项举措。 比如，在家政服务方面，《方案》明确支持符合条件的家政服务企业创新服务模式、探索智慧化场景、 拓展居家养老服务；在网络视听服务方面，《方案》提出健全支持政策体系，促进超高清视频、微短剧 等网络视听服务市场有序竞争、创新发展；在体育赛事服务方面，《方案》提出打造一批知名精品赛 事、职业联赛、体育竞赛表演、青少年体育赛事、老年体育赛事、乡村文体赛事品牌…… 中信建投社会服务与商贸零售行业首席分析师刘乐文注意到，《方案》中还有"制定出台促进铁路与旅 游融合发展的专项支持政策""加快车站、列车旅游化改造""开发沉浸式、多元化邮轮消费产品"等举 措，从交通基础设施建设、运输服务有效供给等方面提出具体 ...

走进湖南省临湘市浮标特色小镇，热火朝天的生产景象扑面而来。在湖南池海浮标钓具有限公司生产车 间，5条智能化生产线同步运转。机器手臂精准抓取材料，自动打磨设备发出有节奏的声响，上漆工序 在密封空间内自动完成……历经选料、切割、成型等30多道工序，一支支浮标就出现在眼前。随后，这 些颜色鲜艳、做工精细的浮标被打包装箱，发往世界各地。 "生产已经排到了3月底！"公司副总经理李立明兴奋地指着生产计划表说，"仅1月上旬，我们就接到了 加拿大、韩国等10多个国家和地区的超40万支浮标订单，海外订单同比增长30%以上。" 订单量持续攀升的背后，是临湘浮标产业多年的厚积薄发。从家庭作坊到产业集群，从低端加工到品牌 引领，近年来临湘浮标实现了量质齐升。 临湘地处湘鄂边界、长江南岸，河湖水系发达。当地依托独特的区位优势，发展钓具浮标产业。从上世 纪80年代的家庭作坊起步，几把刀、几支笔，手工打磨出一支支浮标。"那时普遍价低质平，价格多在 10元以内，'小、散、乱、差'问题突出，哪有什么竞争力。"池海浮标负责人李建明说。 面对激烈的市场竞争，一些企业开始在产品创新上下功夫，通过改良材料、优化工艺等，浮标的灵敏 度、稳定性大大提升。 ...