即将召开： 2025年7月17日，第二届全球医疗科技大会 思宇年度活动回顾： 首届全球眼科大会 | 首届全球骨科大会 | 首届全球心血管大会 2025年9月4-5日，第三届全球手术机器人大会 心未来 近日， 蓝帆医疗 投资孵化的 外周介入板块 上海博脉安医疗科技有限公司 （简称" 博脉安医疗 "） 自主 研发的 金蚕™外周血管约束型球囊扩张导管 （国械注准20253030973）经过国家药品监督管理局审查 批准，正式获批上市。 金蚕™的获批标志着蓝帆医疗布局的外周介入业务线在复杂病变治疗领域再获重大突破。 产品特点 独特设计： 金蚕 ™外周血管约束型球囊扩张导管在半顺应性球囊表面设计了 镍钛记忆合金金属网 结构 ，具有独特 头端螺旋式金属网 设计，避免传统金属丝在回撤时刮擦血管壁，降低血栓风险， 同时保证球囊均匀回抱、安全回撤。 柔顺性增强： 间断镍钛丝网格设计 增强了球囊的柔顺性，确保球囊灵活翻山及通过迂曲病变部位。 规格丰富： 球囊适配 0.014" 和 0.018" 导丝系统 ，球囊直径 2.5-6mm ，球囊长度 4-12cm ， 可满足临床术中对于不同病变的扩张需求 。 # 产品市场概括 外周动脉疾 ...

导读： 海目星旗下子公司——海科晶医疗科技推出自主研发的三款色谱仪，实现关键部件国产化，提升行业自主性，应用于临床、环保、食品等多个领域。 特别提示 微信机制调整，点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我们的推送。 近日， 海目星集团旗下子公司——成都市海科晶医疗科技有限公司（以下简称"海科晶医疗科技"）宣布 ， 其 自主研发的二维液相色谱仪、 H-1000液相色谱仪及H-5000离子色谱仪三款核心产品已完成测试并正式推向市场。 这一进展标志着我国在高端分析仪器领域的自主研发能 力进一步提升，为临床诊断、环境监测、食品安全等行业提供了更精准、高效的检测解决方案。 技术创新，满足多元检测需求 此次推出的三款色谱仪针对不同应用场景进行了优化： H-1000液相色谱仪： 采用先进的流体控制系统与智能化操作平台，具备高灵敏度、高重复性和快速分析能力，可广泛应用于环境监测，食品 检测等领域。 二维液相色谱仪： 通过多维分离技术大幅提升复杂样本的分离效率和分析能力，解决了传统一维色谱在复杂样本中分离度低，分离时间长技术 瓶颈，尤其适用于临床体外诊断中的血药浓度检测。 ▲ 海 目 ...

内容概要：汽车零部件产业作为汽车产业链的上游，是其重要的组成部分，在整条价值链上占据了庞大 比重，随着我国汽车市场规模扩大和全球化采购迅速增长，我国汽车零部件产业供应体系逐步完善，形 成了全球规模最大、品类齐全、配套完整的产业体系，而作为汽车零部件重要细分市场之一汽车流体管 路，也随着汽车零部件行业迅猛发展而繁荣，据统计，2024年我国汽车流体管路行业市场规模达158.63 亿元，同比增长15.08%，其中，新能源汽车流体管路占比超60%，主要是由于新能源汽车的单车管路系 统的价值远高于传统燃油车所致。 上市企业：溯联股份（301397）、中鼎股份（000887）、三祥科技（831195）、腾龙股份（603158）、 美晨科技（300237）、凌云股份（600480）、标榜股份（301181）、川环科技（300547）、鹏翎股份 （300375）、比亚迪（002594）、上汽集团（600104）、一汽解放（000800）、长安汽车（000625）、 吉利汽车（00175.HK）、东风股份（600006）、广汽集团（601238）、长城汽车（601633）、江淮汽 车（600418）、中国重汽（000951） ...

Core Insights - The article discusses the launch of China's first fully domestically developed AI examination monitoring system by Hubei Mobile during the 2025 college entrance examination, which integrates four core modules: dedicated network, cloud platform, intelligent services, and security protection [2] - The AI monitoring system successfully handled large-scale video streaming, high concurrency, and intensive computing challenges, showcasing the significant role of technology in the digital transformation of education examination management [3] - The system employs a fully domestic technology chain from servers to algorithms to applications, establishing a robust foundation for fairness in examinations [4] Group 1: Technology and Implementation - The AI examination monitoring system analyzes student behavior characteristics and generates reports to provide decision-making support for examination management, ensuring stable operation through real-time monitoring and log inspections [3] - The system's algorithm models are deployed on Ascend servers, processing real-time video streams from over 17,000 examination venues across the province [4] - A three-level alarm mechanism is triggered upon detecting suspicious behavior, ensuring rapid information processing within 20 seconds from the examination site to the provincial command center [4] Group 2: Network Security and Support - Hubei Mobile deployed the SPN education dedicated line to ensure the secure, stable, and reliable operation of the AI monitoring system, utilizing end-to-end hard slicing isolation and dedicated VPN connections [5] - A network support team of 375 personnel was established to monitor the operational status of all lines in real-time, ensuring zero network interruptions during the examination [6] Group 3: Future Development - Hubei Mobile plans to deepen its technological applications in the education sector by integrating AI, 5G-A, and all-optical networks into teaching, management, and evaluation processes [7] - The company aims to build a large educational model to provide personalized learning services for students and teachers across the province, fostering technological innovation and talent development [7]

Core Insights - The company, Segwell Technology (Wuhan) Co., Ltd., is experiencing significant growth, with a surge in orders marking its best development phase since its establishment six years ago [1][2] - The company specializes in high-end temperature-controlled laser welding equipment, particularly for precision flexible curved electronic devices and humanoid robot electronic skin [1][6] - The "Hero Cup" innovation and entrepreneurship competition has played a crucial role in providing funding and support for the company's development, with a notable investment of 5 million yuan from Wuhan Dongke Chuangxing Investment Management Co., Ltd. [2][7] Company Overview - Segwell Technology was founded in 2019 and focuses on high-end electronic assembly in the semiconductor and optical device sectors [5][6] - The company has developed multiple industrial application models and has applied for 35 patents and 16 software copyrights, establishing a strong competitive advantage [5][6] - The team, led by Zhang Cong, is composed of young professionals with an average age of 30, emphasizing innovation and the ability to tackle complex technical challenges [1][5] Technological Innovations - The core challenge in the development of the laser welding equipment was precise temperature control, which was achieved through innovative optical systems and advanced feedback algorithms [3][6] - The developed laser welding gun can achieve high-precision packaging at micro-level points, with a spot size of 0.3 mm, enabling the domestic replacement of precision semiconductor device welding equipment [3][5] Market Position and Future Goals - The company is positioned to replace imported products in the high-end electronic assembly market, with its equipment already recognized by leading clients [5][6] - Future goals include advancing into artificial intelligence applications and establishing standards for laser welding equipment, showcasing China's manufacturing capabilities [6][7]

机构简介： 调研纪要：2024年，思特威公司智能手机收入329,115.57万元，较上年同期增长269.05%，占主营收入 的55.15%；智慧安防行业收入215,005.84万元，较上年同期增长28.64%，占主营收入的36.03%；汽车电 子收入52,693.39万元，较上年同期增长79.09%，占主营收入的8.83%。2024年，公司研发投入总额为 44,740.33万元，较上年同期增长56.35%，累计获得授权专利464项。公司已成为智慧安防、智能手机、 汽车电子领先的CMOS图像传感器供应商，2020至2023年蝉联全球安防CIS出货第1位；2023年在全球车 载CIS市场出货排名第4位、国内第2位；2024年在全球手机CIS市场出货排名第5位，出货份额占比 11.2%。公司产品广泛应用于智慧安防、汽车电子、消费电子等领域，具备与索尼等领先厂商竞争的核 心优势，满足客户多样化需求，成为国产化替代的中坚力量。 根据市场公开信息及6月11日披露的机构调研信息，知名私募星石投资近期对1家上市公司进行了调研， 相关名单如下： 北京市星石投资管理有限公司(以下简称"星石投资")成立于2007年，是国内顶尖的私 ...

Group 1: Yangjie Technology - Yangjie Technology maintains a positive outlook on future gross margin trends, driven by high-margin industry layout, technological R&D for value-added upgrades, and systematic cost reduction strategies [1] - The company expects to enhance operational efficiency through continuous cost control and aims to capitalize on the domestic substitution of low-power chips in the automotive electronics sector [1] - Emerging sectors such as clean energy (solar and wind) will provide diverse growth opportunities for power semiconductors, while overseas business remains a core part of the company's globalization strategy [1] Group 2: Haiguang Information - The merger between Haiguang Information and Zhongke Shuguang aims to enhance the core competitiveness of the computing power industry through a share swap absorption merger [2] - The share swap ratio is based on the average stock price over the previous 120 trading days, with Zhongke Shuguang shareholders receiving 0.5525 shares of Haiguang Information for each share held [2] - The integration will create a closed-loop layout from high-end chip design to complete high-end computer systems, enhancing technological and application synergy [2] Group 3: Huydian Co., Ltd. - Huydian Co., Ltd. focuses on a differentiated product competition strategy, with core applications in communication equipment, data center infrastructure, and automotive electronics [3] - The company anticipates revenue of approximately 10.093 billion yuan from the enterprise communication market in 2024, primarily from servers, HPC, and high-speed network switches [3] - The Thai factory has begun small-scale production, aiming to improve production efficiency and yield stability [3] Group 4: Huazhu High-Tech - The institutional research covers various aspects, including the application of titanium alloys in consumer electronics and the recovery of the aerospace sector [4] - The company indicates that 3D printing can address heat dissipation issues through unique structural designs and may utilize alternative materials [4] - The major shareholder's reduction in holdings is aimed at recovering investment costs and optimizing the shareholder structure [4]

根据市场公开信息及6月11日披露的机构调研信息，知名私募凯丰投资近期对1家上市公司进行了调研， 相关名单如下： 深圳市凯丰投资管理有限公司，是一家投资于全球大宗商品、债券、权益类资产及其衍生品的宏观对冲 基金管理公司。凯丰投资是中国基金业协会会员、中国期货业协会会员，具有中国证券基金业协会批准 的私募基金管理人资格。公司管理的多只阳光化基金产品的业绩与规模均居于国内同类产品前列，并荣 获"2014年度金牛私募管理公司（宏观期货策略）"、"第一届央证管理期货奖"、"2015年度金牛私募管 理公司（宏观期货策略）"等奖项。凯丰投资秉承"细节暗藏产业密码，研究发现价值内核"的投资理 念，着力打造了一支50余人的高水平投研团队，专注于宏观和产业基本面研究。目前，产业研究已经覆 盖了国内外期货市场主要交易品种，通过深入产业链调研、挖掘产业细节，并辅以量化手段，协助公司 交易决策。2016年，凯丰投资将进一步加强与实体企业的交流合作，以专业的资产管理能力和深厚的产 业研究实力，为其提供包括产业咨询、合作套保、产业基金等服务在内的产业链综合解决方案。让金融 助力中国企业，圆中国金融强国梦！ 以上内容为证券之星据公开信息整理 ...

Group 1 - Shanghai Yizhi Electronic Technology Co., Ltd. (Yizhi Electronics) is planning a new round of financing, with He Sheng New Materials (002290) intending to participate by investing 250 million yuan, which will give He Sheng a 10% stake in Yizhi Electronics at a pre-investment valuation of 2.25 billion yuan [1] - Yizhi Electronics has launched two series of ARM server processor chips, including the TF16000 and TF7000 series, targeting applications in visual AI, edge computing, AI, cloud computing, IoT, and information services [1][2] - Yizhi Electronics is developing the third-generation TF9000 series hybrid computing chip, optimized for general cloud computing and AI intelligent computing, expected to offer high performance and cost-effectiveness [2] Group 2 - He Sheng New Materials views the investment in Yizhi Electronics as a further attempt in the AI field, building on previous collaborations, including a joint venture established in March 2024 focused on AI chip development [3] - The partnership between He Sheng New Materials and Yizhi Electronics is expected to enhance their business cooperation, with Yizhi's ARM CPU supporting He Sheng's AI applications and He Sheng facilitating Yizhi's product reach to downstream customers [3] - He Sheng New Materials plans to collaborate closely with domestic hardware suppliers to improve AI computing chip performance, focusing on enhancing computing speed and reducing energy consumption [4]

证券研究报告 | 首次覆盖报告 gszqdatemark 2025 06 11 年 月 日 芯原股份（688521.SH） 国产算力中坚力量，一站式定制化&IP 领军 一站式定制化&IP 领军，潜心研发致力未来。芯原股份主要服务为面向消 费电子、汽车电子、计算机及周边、工业、数据处理、物联网等广泛应用 市场所提供的一站式芯片定制服务（（24 年占比 68%）和半导体 IP 授权服 务（24 年占比 32%），公司 2024 年营收 23.22 亿元，截至 2025 年一季 度末，公司在手订单金额为 24.56 亿元，创公司历史新高，在手订单已连 续六季度保持高位。从新签订单角度，2025 年一季度公司量产业务新签 订单超 2.8 亿元，截至 2025 年一季度末量产业务在手订单超 11.6 亿元， 对公司未来的业务拓展及业绩转化奠定坚实基础。截至 2024 年，公司研 发人员达 1800 人，占比 89.37%，公司注重研发与人才培养，我们看好公 司的研发积累，进一步提升公司的收入水平，并在规模效应下摊薄费用率， 优化公司利润。 自研 ASIC 需求井喷，设计服务行业迎历史机遇。一站式芯片定制服务 是指向客户 ...