Group 1 - Hong Kong stocks showed strong performance today, particularly in the pharmaceutical sector, with 3SBio rising by 36%, leading the sector's gains [1] - Other pharmaceutical stocks such as Innovent Biologics and JD Health increased by over 4%, while WuXi AppTec and BeiGene rose by over 2% [1] - Technology stocks also performed well, with Xiaomi up nearly 4%, and other companies like Alibaba, BYD, and JD following suit [1] Group 2 - The Hong Kong Technology Index outperformed the Hang Seng Technology Index due to a more comprehensive exposure to innovative drugs and new energy vehicles [2][3] - The Hong Kong Technology Index has a 10% higher allocation in pharmaceutical and 4% in automotive sectors compared to the Hang Seng Technology Index, contributing to its superior performance [2] - Since the beginning of 2025, the Hong Kong Technology Index has shown significant rebounds, particularly in innovative drugs and new energy vehicles, leading to a better year-to-date performance compared to the Hang Seng Technology Index [3] Group 3 - The Chinese government has prioritized "innovative drugs" as a key development direction, benefiting sectors covered by the Hong Kong Technology Index, including pharmaceuticals, new energy vehicles, and semiconductors [5] - The commercialization of domestic AI models is accelerating growth in the internet and smart automotive sectors, with Xiaomi's SU7 Ultra model expected to exceed delivery expectations in 2025 [5] - The Hong Kong Technology 50 ETF has seen a 283% increase in shares this year, reflecting strong capital inflow and interest in leading Hong Kong stocks [5][6] Group 4 - The current liquidity environment is favorable, with the Federal Reserve entering a rate-cutting phase, making Hong Kong stocks particularly sensitive to these changes [6] - The valuation of the Hong Kong Technology Index is low, at a historical percentile of 24%, attracting continuous net inflows from southbound funds [6]

Core Viewpoint - Qingdao aims to prioritize the development of next-generation information technology and artificial intelligence as leading industries, while also advancing future industries such as terahertz and marine electronic information [1] Group 1: Industry Development Focus - The "Digital Qingdao 2025 Action Plan" emphasizes the construction of a tiered cultivation track in the digital industry, focusing on a "10+1" innovative industrial layout [1] - Key industries targeted for breakthrough development include intelligent connected new energy vehicles and low-altitude economy [1] - The plan aims to enhance the quality of development in advantageous industries such as smart home appliances [1] Group 2: Support for Emerging Sectors - The government supports the establishment of provincial digital economy industrial clusters in high-end software and artificial intelligence [1] - There is a goal to cultivate no less than 300 specialized and innovative small and medium-sized enterprises in the digital economy sector [1] - The plan encourages the improvement of research and development capabilities in basic and industrial software, aiming for recognition among the national software top 100 [1]

Group 1: AI and Intelligent Robotics - The integration of AI large models and embodied intelligence is emerging as a focal point for Beijing's technological innovation, with advancements in L3 assisted driving and humanoid robots beginning to take shape in the Beijing-Tianjin-Hebei region [2] - Embodied intelligence is recognized as a significant pathway to achieving general artificial intelligence, becoming a new competitive landscape and economic growth engine, with a focus on multi-modal perception technology and key components by 2027 [3][4] - The goal is to cultivate a hundred key technologies and produce at least ten world-leading hardware and software products by the end of 2027 [3] Group 2: New Materials and AI Integration - The demonstration of new materials, such as HVIP aerogel, showcases significant improvements in thermal insulation performance, achieving an 8-fold enhancement over traditional materials [5] - AI is transforming the research and development processes in materials science, with Beijing leveraging its advantages in talent and infrastructure to foster innovation in this field [5] - By 2027, Beijing aims to significantly enhance its capabilities in "AI + new materials" innovation, establishing itself as a global leader in this sector [5] Group 3: Healthcare and Medical Technology - The medical technology sector is highlighted by innovations such as the ROPA surgical robot, which utilizes AI for precision in orthopedic surgeries, addressing the imbalance in healthcare supply and demand [6][7] - Beijing's healthcare industry is projected to reach a scale of 1.06 trillion yuan in 2024, marking an 8.7% year-on-year growth, making it the first city in China to surpass the trillion yuan mark in this sector [7] - The city has implemented various policies to enhance its pharmaceutical and medical device industries, aiming to build an international medical innovation park by 2030 [7] Group 4: New Energy Vehicles - The new energy vehicle sector is a major highlight, with significant advancements in electric vehicle technology and production capabilities, including the launch of the "Extreme Fox Alpha S5" electric sedan [8][9] - Beijing has established three major research and production bases for new energy vehicles, with a target production exceeding 300,000 units by 2025 [9] - The city is recognized for its strong technological innovation capabilities in the new energy vehicle sector, supported by a robust talent pool and modern service industries [8] Group 5: Green Energy Development - Hydrogen energy is a key focus, with innovations in hydrogen storage and integrated energy systems that enhance the efficiency of renewable energy utilization [10][11] - Beijing aims to become an international benchmark city for green economy by 2035, with initiatives to develop a new power system and promote low-carbon industries [11] - The city has introduced various pioneering projects and standards in the green energy sector, positioning itself as a leader in sustainable development [11]

开栏语：2025年《政府工作报告》指出，就业是民生之本，要更大力度稳定和扩大就业。在杭州，哪些 领域吸纳更多就业？企业需要什么人才？多元就业群体有何选择？今起，本报开设"杭州有新'招'"专 栏，通过提供各大企业招聘动态、政策福利等，为你筛选"适配"岗位。无论是怀揣理想的应届生，还是 深耕领域的专业人才，亦或是寻求转型的职场人，都将助你"留在杭州"。 本期，让我们走进零跑汽车的"人才引擎"。 商报记者 张宇帆 2025年全国两会，智能网联新能源汽车再次被提及。随着新能源汽车技术不断迭代升级，相关岗位也随 之发展。据智联招聘发布数据显示，2025年2月，汽车机械工程师招聘同比涨幅40.2%，充电桩设计、 汽车零部件设计岗位增速分别为31.2%、23.2%，底盘工程师、车身/造型设计、线束设计、动力系统工 程师招聘也均同比增长1-2成。 近年来，在新能源汽车产业高速发展的浪潮下，杭州本土企业零跑汽车正以惊人的速度崛起，不仅成为 国内造车新势力的重要代表，更成为杭州打造"全球数字变革高地"的关键力量。同时，零跑积极推动本 地化供应链建设，带动了电池、电驱、电子等配套企业的聚集，进一步扩大了就业市场。 为青年人才构建成 ...

北京千方科技股份有限公司投资者关系活动记录表 编号：CTFO20250428 | 投资者 | □特定对象调研 | □分析师会议 | | | --- | --- | --- | --- | | 关系活 | □媒体采访 | █业绩说明会 | | | 动类别 | □新闻发布会 | □路演活动 | | | | □现场参观 | | | | | □其他（请文字说明其他活动内容） | | | | | 东方证券 兴业证券 | | 同泰基金 粤佛私募基金 | | | 华安证券 | | 北汽产业投资 | | | 华创证券 | | 湖南迪策投资 | | | 国元证券 | | 鸿运私募基金 | | | 东兴证券 | | 建投华文投资 | | | 方正证券 | | 国寿安保基金 | | | 长城证券 | | 建信金融资产 | | | 华泰证券 | | 厦门中恒嘉富 | | | 瑞银集团 | | 上海昭云投资 | | | 平安证券 | | 深圳创富兆业金融 | | | 德邦证券 | | AmXyy Capital | | | 浙商证券 | | 南华基金 | | | 东吴证券 | | 深圳市尚诚资产 | | 活动参 | 国海证券 | | ...

Group 1: Event Overview - The 2025 Shanghai International Automobile Exhibition opened with the theme "Embrace Innovation, Win the Future," attracting nearly 1,000 exhibitors from 26 countries and regions, marking the largest scale in history [1][2] - The exhibition covers over 360,000 square meters, featuring more than 100 global debut models and hosting 193 press conferences, with an expected total visitor count of 1.3 million [1] Group 2: Industry Trends - The exhibition highlights the automotive industry's shift towards intelligent mobility, showcasing advancements in assisted driving and smart cockpit technologies that enhance consumer experiences [1][3] - Nearly 80% of the new vehicles unveiled are electric models, indicating car manufacturers' accurate predictions of market trends [3] Group 3: AI Integration - AI technology is deeply integrated into the automotive industry, with significant applications in smart vehicles, as noted by industry leaders [3][4] - Companies like Xiaopeng Motors are developing AI systems that aim to surpass human capabilities in complex reasoning and driving assistance [5] Group 4: International Participation - The number of foreign visitors at the exhibition has significantly increased, with over 2,000 overseas business representatives attending on the first day [6] - Foreign automakers such as Volkswagen, Mercedes-Benz, and BMW are actively engaging in the Chinese market, emphasizing their commitment to innovation and local development [7][8] Group 5: Future Outlook - The exhibition is seen as a milestone for China's transition from a major automotive nation to a strong automotive power, providing a "Chinese solution" for global industry transformation [8]

撰 文 / 海 墨 设 计 / shelly 红旗的品牌号召力毋庸置疑。 2025年4月23日，上海车展，红旗发布了它的首款豪华硬派越野车，与此同时发起"红旗越野车名征 集计划"，全球范围内邀请大家为"红旗越野"命名，并承诺：2026年新车上市时，向最终车名的建 议者，免费赠送"红旗越野"001号车。 随着中国一汽董事长、党委书记邱现东话音一落，外界的讨论便随即展开。笔者在朋友圈随意打开 一条相关报道短视频，下面留言24小时内便超过600条，都是在为红旗越野命名。 对消费者而言，吸引力显然并不仅仅是一辆赠送的越野车，更多的则是对红旗品牌的情怀与期待。 必须承认，智能电动时代初期，红旗曾被外界称为"追赶者"。当新势力们在为纯电vs.增程各执一 词，为"智能驾驶谁家强"摇旗呐喊时，喧嚣声中这个品牌似乎有些安静。 直到2024年，随着全面、全方位、全体系向智能网联新能源汽车转型的红旗"All in"新能源战略， 其全新的技术、平台、产品，以及鲜明的品牌标签逐渐展现在世人眼前。 "天工"是红旗最新的纯电平台，相较之前的产品，新平台更注重降低能耗，重点解决低温续航衰 减、充电效率、四驱电耗高等问题。红旗自研低温电芯，通 ...

广州作为国家中心城市，始终将汽车产业作为战略支柱。广汽集团和广州工控集团均为广州市重要制造 业国有企业，也是世界500强企业。 其中，广汽集团作为年产销200万辆的整车产业链链主，与在制造底蕴、资本运作和全球产业链等方面 具有独特优势的广州工控集团强强联合，既是产业链与创新链的双向赋能，更是广州国企聚力攻坚的使 命担当，助力广州构筑更具韧性和全球竞争力的产业生态圈。 本次合作，双方将集中整合彼此相关联的产业链上下游业务，深度挖掘双方在整车供应、动力电池、整 车线束、轮胎产品等上下游配套领域的合作机会，加快核心技术攻关及产业化，促进产业结构优化与转 型，最终实现资源共享、优势互补，共同提升产业链的整体竞争力，推动广州市智能网联新能源汽车产 业做优做强。 活动现场，双方还签署了《广州智能网联新能源汽车产业基金合作框架协议》，为在全球范围内引入智 能网联新能源汽车产业链的优势企业提供投融资支持，助力广州市智能网联新能源汽车产业链延链强链 补链，打造具有全球竞争力的现代产业集群。 除了签订战略合作协议，活动现场还举行了新能源汽车联合创新平台揭牌仪式。双方将依托各自的科创 资源，打造新能源汽车联合创新平台，聚焦固态电池 ...

Group 1 - Guangzhou Automobile Group Co., Ltd. (GAC Group) and Guangzhou Industrial Investment Holding Group Co., Ltd. signed a strategic cooperation agreement to enhance collaboration in the new energy vehicle industry, focusing on technology innovation, resource integration, international expansion, and industry chain cooperation [2] - The partnership aims to develop 34 in-depth cooperation projects to create a "trillion-level" intelligent connected new energy vehicle industry cluster in the Guangdong-Hong Kong-Macao Greater Bay Area [2] - The collaboration will involve integrating upstream and downstream businesses, exploring cooperation opportunities in areas such as complete vehicles, power batteries, wiring harnesses, and tire products, ultimately enhancing the overall competitiveness of the industry chain [2] Group 2 - A joint innovation platform for new energy vehicles was unveiled, focusing on cutting-edge fields such as solid-state batteries, lightweight materials, and industrial robots, establishing a comprehensive innovation system from basic research to industrial application [3] - The cooperation is positioned as a response to global automotive industry transformations and trade barriers, aiming to accelerate the development of Guangzhou's automotive industry and contribute to the construction of a modern industrial system [3] - The initiative is part of a broader strategy to enhance the competitiveness of Guangzhou's automotive sector and support the city's goal of becoming a "smart car city" with a trillion-level industry [3]

Financial Performance - In 2024, the company achieved operating revenue of 124,182.22 million yuan, a year-on-year increase of 22.89% [2] - Net profit for 2024 was 12,252.67 million yuan, a decrease of 18.72% year-on-year; non-recurring net profit was 10,814.89 million yuan, down 17.62% [2] - Cash flow from operating activities was -9,869.81 million yuan, a decline of 211.95% year-on-year, primarily due to increased accounts receivable and higher operational cash payments [2] Business Growth and Strategy - The company's revenue from the new energy vehicle sector reached approximately 761 million yuan in 2024, representing a growth of about 75% and accounting for approximately 61% of total revenue [2] - The company plans to explore new growth avenues by leveraging government initiatives in artificial intelligence and smart manufacturing [4] - New clients in the aviation sector and partnerships in energy storage and battery management have been established, indicating diversification in business operations [5] Production and Capacity - In 2024, the company increased its production capacity by approximately 40% and production volume by 51% [6] - The company is investing in automation and digital upgrades to enhance production efficiency and reduce costs [6] - Expansion of manufacturing facilities is underway to meet the growing demand, with a new intelligent manufacturing base planned in Chongqing [7] Research and Development - The company will maintain high R&D investment levels in 2025, focusing on liquid cooling products and new material applications [8] - Efforts will be made to enhance testing capabilities and obtain certifications for international automotive brands [8] - The company aims to innovate continuously and adapt to new technologies to expand its market presence [8] Organizational Goals - The company has set a target of maintaining a 20% annual growth rate in net profit over the next three years as part of its equity incentive plan [6] - A flat organizational structure will be implemented to improve resource allocation and operational efficiency [6]