1月7日，中科创达盘中上涨2.00%，截至10:56，报74.44元/股，成交12.81亿元，换手率4.79%，总市值 342.72亿元。 机构持仓方面，截止2025年9月30日，中科创达十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股1371.39万股，相比上期减少106.79万股。易方达创业板ETF（159915）位居第三大流通股 东，持股746.91万股，相比上期减少124.35万股。南方中证500ETF（510500）位居第四大流通股东，持 股536.49万股，相比上期减少10.45万股。易方达中证人工智能主题ETF（159819）位居第七大流通股 东，持股300.71万股，相比上期减少15.18万股。华安创业板50ETF（159949）位居第九大流通股东，持 股237.63万股，相比上期减少94.70万股。嘉实中证软件服务ETF（159852）位居第十大流通股东，持股 196.95万股，为新进股东。兴全趋势投资混合(LOF)（163402）退出十大流通股东之列。 责任编辑：小浪快报 资金流向方面，主力资金净流出1.32亿元，特大单买入8528.01万元，占比6.66%，卖出1.51亿元 ...

共探新营销，共创新可能 撰文 | 杜 咏 芳 编辑 | 黄 大 路 设计 | 甄 尤 美 拉斯维加斯会议中心始建于1959年，期间经过多次翻修和扩建，但当你走在其中时，依旧会感受到浓浓的时代感，一种特有的美式老派感扑面而 来。 但就是在这个有些"过时"的建筑里，每年都在展示着全球最先进的技术。 2026年1月6日至9日（太平洋标准时间），全球科技界的目光将再度锁定拉斯维加斯，国际消费电子展（CES）正式拉开帷幕。 不过，与往年相比，本届CES略显冷清：参展商数量较高峰时期减少了1000余家，现场人流与声量均有所回落。 本次展会设置了先进制造展示区、全新CTA展区、CES Foundry、创作者展区、移动技术展区及初创展区等多个特色板块，以及制造、技术与标 准、穿戴设备三个核心会议轨道，覆盖科技产业核心领域。 这个曾以电视、电脑与可穿戴设备定义消费潮流的舞台，在过去数年亦成为电动汽车发布的主秀场。 但今年，风向已然转变。一个清晰的信号正在释放：电动化的声量逐渐让位，一个更底层、更具颠覆性的概念走向前台，即"物理人工智 能"（physical AI）。 与处理数据或生成内容的人工智能不同，物理人工智能结合了传感器 ...

人民财讯1月6日电，1月6日，诚迈科技（300598）与联想车计算联合发布基于NVIDIA最新车载计算平 台NVIDIA DRIVE AGX Thor的座舱AI算力方案Auto AI Box。该产品融入联想车计算的硬件实力，并搭 载诚迈科技FusionOS4.0——最新的Agentic based AIOS，集成了端侧多模态大模型，支持自然语言交 互，并提供标准化硬件接口，能灵活赋能座舱内丰富的智能体应用场景，并支持高达13B多模态大模型 流畅运行，为下一代智能座舱提供了强大、高效且可扩展的核心计算支持。 ...

证券日报网讯 1月6日，希荻微在互动平台回答投资者提问时表示，截至目前，公司主要聚焦智能座 舱、车身控制、域控、智能驾驶等应用场景，致力于提供满足车规要求的升/降压DC/DC、线性电源 LDO、智能高/低边开关、摄像头PMIC等产品。上市以来，公司亦在持续开拓新能源汽车客户。 （文章来源：证券日报） ...

Core Viewpoint - Junsheng Electronics has shown a positive stock performance recently, with a notable increase in trading volume and market capitalization, indicating investor interest and potential growth in the automotive technology sector [1][3]. Company Overview - Junsheng Electronics, established on August 7, 1992, and listed on December 6, 1993, is based in Ningbo, Zhejiang Province, China. The company specializes in providing smart automotive technology solutions and operates five business segments [2]. - The main revenue sources for Junsheng Electronics are: Automotive Safety Systems (62.53%), Automotive Electronics Systems (27.53%), Other (9.44%), and Additional (0.49%) [2]. Financial Performance - For the period from January to September 2025, Junsheng Electronics reported a revenue of 45.844 billion yuan, reflecting a year-on-year growth of 11.45%. The net profit attributable to shareholders was 1.12 billion yuan, marking an 18.98% increase compared to the previous year [3]. - The company has distributed a total of 1.532 billion yuan in dividends since its A-share listing, with 862 million yuan distributed over the last three years [4]. Shareholder Information - As of September 30, 2025, Junsheng Electronics had 126,500 shareholders, an increase of 38.21% from the previous period. The average number of circulating shares per shareholder decreased by 28.33% to 10,710 shares [3]. - The top circulating shareholder is Hong Kong Central Clearing Limited, holding 93.0212 million shares, an increase of 26.2934 million shares from the previous period [4].

智通财经注意到，2025年12月29日，港股上市满一周年的佑驾创新（02431）迎来限售股解禁。在此之前，这家在智能驾驶领域取得了丰富实质性成果的高 成长性公司，其股价却因解禁预期而出现了非常规的波动。笔者认为，有鉴于佑驾创新是稀缺智驾潜力股，且公司多项业务恰值战略突破期，近期佑驾创新 的股价波动显然脱离了理性范畴。 不仅如此，消息面上佑驾创新重要股东四维图新（002405.SZ）向外界表示，作为佑驾创新的深度合作伙伴兼重要股东，看好其长期投资价值及发展潜力， 不急于减持股票。对此，四维图新高级副总裁、董事会秘书兼CMO孟庆昕称，"我们充分信赖佑驾创新扎实的基本面、以及持续增长的潜力。未来也将继续 与佑驾创新在前沿技术研发与全球市场拓展上深度合作，一同实现智驾赛道的长期价值。" 置于商业化持续提速同时企业间竞争烈度居高不下的行业背景下，不同于二级市场上那些略显得浮躁的短期资金，佑驾创新的重要股东坚定选择"捂股"，这 份长期持股的定力想必正是源于各方强烈看好佑驾创新的未来。窥斑见豹，如此备受重视的佑驾创新自然也非常值得投资者重新认真审视其投资价值。 通过上市"大考"、持续兑现潜力的智驾潜力股 刚刚过去的2025 ...

Core Viewpoint - BMW has adjusted the official guide prices of several models, with some reductions reaching up to 300,000 yuan, but the actual transaction prices have not significantly decreased, indicating a strategic response to market dynamics rather than a price war [1][2][3]. Group 1: Price Adjustments - The flagship electric model i7 M70L has seen a price drop of 30.1%, now priced at 1.598 million yuan, while the 7 Series and other fuel models have been reduced by approximately 12%, with the lowest starting price dropping to 208,000 yuan [2]. - Despite the official price reductions, actual transaction prices have not changed significantly, with some dealers reporting only a 10,000 yuan decrease in the 7 Series and X6 models [2][3]. - The price adjustments aim to alleviate the "price inversion" issue faced by dealers, where the actual selling price is lower than the manufacturer's suggested price, thus improving dealer profitability [3]. Group 2: Market Dynamics - BMW's price adjustments reflect the increasing pressure from domestic high-end electric vehicle brands, which have captured a significant market share, with Chinese brands accounting for nearly 70% of passenger car sales and over 80% in the high-end electric vehicle segment [4]. - BMW's sales in China have declined, with a reported 11.2% drop in cumulative sales to 465,000 units, making it the only major market to experience a double-digit decline [2][4]. - The traditional luxury car market is undergoing a transformation, with BMW's historical advantages being eroded by new entrants offering advanced technology and features [5]. Group 3: Strategic Responses - BMW is focusing on technological transformation to address competitive pressures, showcasing new technologies such as the sixth-generation eDrive system and a long-wheelbase version of the BMW iX3, which is set to be produced in Shenyang in 2026 [5]. - The company is also restructuring its dealer network, with plans to complete this by mid-2026, which includes converting some sales points to service-only locations [3]. - Analysts suggest that BMW's price cuts may dilute its brand value and identity, emphasizing the need for the company to enhance its electric and intelligent branding to avoid a detrimental cycle of "price for volume" [6].

2026年1月1日，宝马中国一则"系统性价值升级"的公告，拉开了豪华车市场新年序幕。 宝马旗下31款主力车型官方调价，旗舰纯电车型i7 M70L直降30.1万元，价格从189.9万元跌至159.8万 元；国产M235L首次跌破30万元大关，2系四门轿跑车更是下探至20.88万元，创下宝马在华国产车型价 格新低。 这份覆盖轿车、SUV、电动及高性能全细分市场的降价清单，与其说是"价值升级"，不如说是宝马迫于 2025年在华市场下滑压力，止颓保市的无奈之举。 "不到30万就能买宝马M系列" 中国证券报记者查阅调价清单发现，宝马此次降价幅度与覆盖范围均刷新近年豪华车市场纪录。 宝马此次降价，或源于2025年在华市场持续承压。 数据显示，2025年前三季度，宝马在华累计销量46.5万辆，同比下降11.2%，占全球销量比重26%。这 不仅远逊于其全球市场前三季度2.4%的微增幅度，更成为其全球主要市场中唯一出现两位数下滑的区 域。 此外，宝马的细分车型表现惨淡。中大型SUV市场的"昔日王者"X5，2025年10月销量跌至5498辆，排 名滑至第12位，被理想L9、问界M9等新势力车型取代；作为销量支柱的5系，2025年 ...

Core Insights - The retail sales of new energy passenger vehicles reached 11.472 million units in the first 11 months, a year-on-year increase of 19.6%, surpassing traditional fuel vehicles by 1.462 million units [1] - In November, the domestic retail penetration rate of new energy vehicles surged to 59.3%, an increase of seven percentage points year-on-year [1] Sales Data Summary - In November, the retail sales of new energy vehicles included 827,000 BEVs, 378,000 PHEVs, and 116,000 EREVs, totaling 1.321 million units [2] - Compared to October, November saw a 2.1% increase in BEV sales, a 4.8% increase in PHEV sales, and a 3.6% increase in EREV sales [2] - Cumulatively, from January to November, BEV sales reached 7.096 million units, PHEV sales reached 3.292 million units, and EREV sales reached 1.084 million units, totaling 11.472 million units [2] Customer Experience Challenges - Many new energy vehicle owners report dissatisfaction with post-purchase experiences, particularly regarding after-sales service [3] - Common complaints include delays in service response, issues with vehicle systems, and inadequate support for charging infrastructure [4][6] - The gap between sales promises and actual service delivery is becoming a significant concern for consumers [3][7] After-Sales Service Issues - Customers have expressed frustration over the reliability of charging stations and the responsiveness of customer service when issues arise [4][6] - Repair experiences can be lengthy and complicated, especially in areas lacking official service centers [8][19] - The high technical complexity of electric vehicles creates challenges for maintenance and repair, leading to longer wait times for parts and service [16][19] Industry Response and Strategies - Different companies are adopting varied strategies to address after-sales service challenges [21] - NIO has focused on building a high-quality service ecosystem, including extensive battery swap networks and dedicated service centers [25] - Tesla integrates sales and service through a direct sales model, ensuring transparency and efficiency in service delivery [27] - Other companies, like Hongmeng Zhixing, leverage existing networks to enhance service offerings, creating a more customer-centric experience [30] Conclusion - The new energy vehicle market is experiencing rapid growth, but the disparity between sales and service quality poses risks to customer satisfaction and brand loyalty [31] - Companies must prioritize after-sales service as part of their long-term strategy to remain competitive in the evolving market landscape [31]

北京商报讯（记者 陶凤 王天逸）12月30日，针对投资者关于SpaceX相关提问，蓝思科技在互动平台回 复称，公司与北美大客户已有10年深度合作，是其一级核心供应商。公司凭借全面的材料技术、完整的 技术路线及从模组到整机的ODM能力，深度参与大客户智能座舱、人形机器人、商业航天等多项核心 业务。在商业航天方面，公司已批量出货卫星地面接收器外观件、结构件模组。凭借全球领先的超薄玻 璃后道加工技术，已自主研发厚度小于1mm的超薄光伏玻璃模组、大尺寸UTG柔性玻璃等，配合超高 难度的多重镀膜工艺，可满足抗原子氧剥蚀、抗辐射和热控制等太空光伏技术需求，目前已与相关客户 对接合作开发中。 ...