天地数码 20250617 摘要 天地数码作为热转印碳带龙头企业，受益于物联网发展和一物一码趋势， 市场规模稳定增长，全球市场约 120 亿元，公司全球份额占比约 5%， 排名第四，高端产品突破是未来增长关键。 天地数码在中低端蜡基碳带市场具备技术和成本优势，是国内标准制定 者；通过自主研发和外部合作，高端产品技术水平不输外资企业，产品 品类齐全，性价比高，成本控制能力强。 公司采用经销模式，经过多年积累，已建立覆盖全球的销售渠道，并在 多国设立子公司，海外市场占比高，客户粘性强，渠道优势构成核心竞 争力。 收购维森智能补齐了高端产品线，实现积极协同效应，维森智能收入从 2022 年的 5,840 万元增长到 2024 年的 1.5 亿元，净利润显著增长， 为公司发展提供强劲动力。 公司面临需求旺盛但产能不足的问题，规划在芜湖新建生产基地，预计 2025 年第四季度投产，届时总产能将大幅提升，同时优化产品结构， 提升溢价能力。 Q&A 天地数码未来成长空间如何？ 天地数码未来成长空间主要依赖于其高端产品突破，通过抢占外资企业市场份 额来提升自身份额。目前公司在普通蜡基碯上具备强大的技术储备与实力，是 国内热转 ...

Core Viewpoint - The article emphasizes the importance of urban health checks, likening cities to individuals that require regular assessments to identify and address issues affecting their competitiveness and sustainability [4][5]. Group 1: Urban Health Check Implementation - Urban health checks are essential for identifying key issues within cities, including housing, community facilities, and urban infrastructure [5][6]. - The Ministry of Housing and Urban-Rural Development has initiated a comprehensive urban health check across cities, aiming to enhance the breadth and depth of these assessments [4][6]. - A structured mechanism involving city governments, relevant departments, and third-party professionals is established to conduct these health checks [6][9]. Group 2: Indicators and Assessment Criteria - The health check framework includes 61 basic indicators across four dimensions: housing, communities, streets, and urban areas [5][7]. - Local governments are encouraged to customize the basic indicator system with unique local indicators to address specific urban challenges [7][12]. Group 3: Community Involvement - Citizens are actively engaged in the urban health check process, providing valuable insights and feedback on local issues [8][10]. - Various methods, such as surveys and community meetings, are employed to gather public opinions and suggestions for urban improvements [9][10]. Group 4: Technological Integration - The integration of advanced technologies like big data, cloud computing, and AI significantly enhances the efficiency and effectiveness of urban health checks [11][12]. - Cities are developing digital platforms to consolidate data from various sources, enabling real-time monitoring and analysis of urban conditions [11][12]. Group 5: Future Directions and Goals - The urban health check initiative aims to create a closed-loop mechanism for identifying problems, implementing solutions, and evaluating outcomes [4][7]. - Cities are expected to allocate substantial investments for urban development projects based on the findings from health checks, with East Dongying planning 191 billion yuan for 52 key projects by 2025 [9].

张宗亮表示，水利土木工程的发展范式正加速向"数据驱动、智能决策"转型。如何以人工智能、数字孪 生、5G物联等前沿技术赋能工程安全，突破"黑箱预警""被动响应"的瓶颈，构建"感知—分析—决策— 调控"一体化智能体系，已成为行业高质量发展的核心命题。 当今全球气候变化背景下，暴雨、洪涝、干旱、地震等极端灾害频发，重大基础设施安全愈发重要，也 是技术革新与产业升级的重要契机。江苏省科学技术协会副主席夏军表示，江苏是我国水利及土木工程 的强省，构建了全国最密集的水利工程体系。当前，江苏不断加大科技投入，推动产学研协同创新，大 力推动水利、土木行业的智能化转型。 本报讯(记者杨易臻蔡姝雯)6月13日至15日，第十一届水利、土木工程国际学术会议在河海大学举办。 会议围绕"工程安全与智能化"主题，重点探讨数字孪生智能建造和监测、韧性城市等前沿议题。 当前，人工智能、大数据、物联网等新一代信息技术正加速与水利、土木工程深度融合，推动行业向智 能化、绿色化、可持续方向发展。会上，中国工程院院士张宗亮、胡亚安、殷跃平，中国工程院外籍院 士郝洪就相关议题进行主题报告。 推动水利、土木工程转型，开启防灾减灾"新范式"，江苏高校也在不 ...

行情速递 ① 主 板 领 涨 ， 捷 荣 技 术 (+10.03%)/ 东 信 和 平 (+10.02%)/ 恒 宝 股 份 (+10.02%)/ 南 京 熊 猫 (+10.02%)/深华发A (+9.98%)/ ② 创业板领涨，创识科技(+20.02%)/狄耐克(+16.03%)/熵基科技(+14.10%)/ ③科创板领涨，艾为电子(+6.58%)/福立旺 (+5.55%)/神工股份(+5.27%)/ ④活跃子行业，SW通信终端及配件(+1.29%)/SW面板(+0.77%)/ 国内新闻 ①艾邦半导体网，2025Q2由上海芯波设计/云天半导体制造的3D Glass IPD 单个量产项目交付突破壹仟万颗/标志着全球首条3D Glass IPD生产线实现 规模化稳定产出/为AI/汽车电子及物联网应用等领域注入强劲"芯"动力/ ②半导体封装工程师之家，据Tomshardware报道/华为近期提交了一项关 于"四芯片"（quad-chiplet）封装设计的专利申请/该技术或将应用于其下 一代AI芯片——昇腾910D/华为这项"四芯片"设计在架构上与NVIDIA Rubin Ultra有相似之处/但华为正致力于自主研 ...

【导读】京东方拟收购彩虹光电 30% 股权，本次交易挂牌底价为 48.49 亿元 中国基金报记者 李智 6 月 17 日晚间，京东方发布公告称，拟收购咸阳彩虹光电科技有限公司（以下简称彩虹光 电） 30% 股权，本次交易挂牌底价为 48.49 亿元。 拟收购彩虹光电 30% 股权 京东方发布公告称，彩虹股份拟出售所持彩虹光电 30% 股权。为进一步提升公司竞争力，公 司拟收购上述 30% 股权。本次交易挂牌底价为 48.49 亿元。 | 证券代码:000725 | 证券简称:京东方 A | 公告编号:2025-052 | | --- | --- | --- | | 证券代码:200725 | 证券简称:京东方 B | 公告编号:2025-052 | 公告显示，彩虹光电成立于 2015 年，经营范围包括 TFT-LCD 面板和模组、液晶显示器、 电视机、移动终端、平板显示专用设备、仪器仪表及配件的研发、生产、销售、技术服务 等。 京东方表示，本次收购彩虹光电 30% 股权，符合京东方发展战略，能够助力公司继续巩固和 扩大竞争优势，强化京东方在行业内影响力，促进公司业务整体竞争力提升。 业绩重回增长轨道 公开资料 ...

Core Insights - The 2025 Hannover Industrial Fair showcased significant trends in industrial IoT technologies, as analyzed by IoT Analytics, highlighting ten key industrial technology trends that are expected to have a profound impact on the industry. Group 1: AI Integration - Generative AI has become an integral part of industrial software, moving from proof of concept to practical application, with major software companies showcasing integrated GenAI capabilities primarily for code simplification, data analysis, and user support [4] - Agent-based AI is gaining attention but remains in early stages, with many cloud service providers emphasizing their "agent" capabilities, though most demonstrations involve simple automation tasks rather than true autonomous behavior [5] Group 2: Edge Computing and DataOps - Significant innovations in edge computing are occurring, with a complete AI stack migrating to the edge, allowing operational AI to run efficiently on-site, meeting low-latency and compliance needs [6] - The demand for DataOps platforms is surging, evolving from data integration and modeling to becoming key enablers of industrial AI, with data governance now a standard capability [7] Group 3: Predictive Maintenance and 5G - Predictive maintenance (PdM) is shifting from software-centric models to integrated sensor systems, with a focus on sensor quality, coverage, and system compatibility, expanding to previously overlooked asset types [9] - The demand for dedicated 5G is increasing, particularly in specific industries and regions, although widespread adoption is hindered by integration challenges [10] Group 4: Sustainability and Robotics - AI is transforming carbon emission management and ESG compliance processes, enhancing data visibility and optimizing energy consumption on production lines [11][12] - Cognitive capabilities and voice interaction are becoming new trends in robotics, enabling easier collaboration between users and robots through voice commands [13] Group 5: Digital Twins - Digital twins are evolving from virtual mirrors to real-time decision-making assistants, with many companies demonstrating how these systems serve as operational, training, and quality control "real-time copilots" [14]

Domestic News - The State Administration of Foreign Exchange reported that in May, foreign investment in domestic stocks increased further compared to the previous month, with a net inflow of $33 billion in cross-border funds from non-bank sectors [1] - The National Development and Reform Commission announced an increase in domestic gasoline and diesel prices by 260 yuan/ton and 255 yuan/ton respectively, which will raise the cost of driving and logistics [2] - The cross-border e-commerce import and export volume in China is projected to reach approximately 2.71 trillion yuan in 2024, a year-on-year increase of 14%, with exports accounting for about 2.15 trillion yuan, up 16.9% [2] - Shanghai's fixed asset investment from January to May increased by 6.2% year-on-year, with infrastructure investment growing by 19.1% [3] International News - The Iranian government reported nearly 1,500 casualties due to Israeli attacks, which they claim have crossed all red lines [5] - The Bank of Japan decided to maintain its benchmark interest rate at 0.5%, marking the third consecutive time it has kept rates stable, while continuing its bond reduction plan until March 2026 [5] - The World Gold Council's survey indicated that over 95% of central banks expect to continue increasing their gold reserves in the next 12 months [5]

Core Insights - The logistics industry is undergoing significant structural changes driven by globalization and technological innovation, as highlighted in the "2025 Global Logistics Trend Map" report by Maersk and Statista [1][9][16] - The report identifies ten key trends that are reshaping the logistics landscape, based on insights from over 500 industry leaders [1][16] Trend Summaries - **Supply Chain Visibility**: 86% of logistics decision-makers consider supply chain visibility as a critical trend, enhancing transparency from raw material sourcing to last-mile delivery through real-time tracking and digital twin technologies [2][3] - **Internet of Things (IoT)**: IoT technology is pivotal, with over 15,000 patent applications and more than 500 breakthrough innovations enhancing logistics perception capabilities [2][3] - **Supply Chain Diversification**: 78% of companies are diversifying their supply chains to mitigate geopolitical risks, particularly in the automotive sector, which has maintained a 92% stability in parts supply during conflicts [3][5] - **Financial Resilience**: Companies are adopting dynamic cost models and supply chain financial innovations, allowing them to reduce logistics costs even amid a 30% rise in energy prices [3][5] - **Digital Transformation**: 68% of enterprises are accelerating digital processes, with significant improvements in order processing efficiency and cybersecurity measures against supply chain ransomware attacks [3][5] - **Last-Mile Delivery Innovations**: 61% of retail companies are utilizing drone delivery and community micro-warehousing to reduce fresh goods delivery times to under one hour [4][5] - **Circular Economy**: The circular economy and AI are emerging trends, with companies reducing costs through sustainable practices and predictive maintenance [4][5] - **Regional Variations**: Different regions exhibit distinct logistics strategies, with the Middle East and Africa leading in AI and IoT adoption, while Asia Pacific excels in supply chain visibility [5][17] - **Industry-Specific Needs**: Various industries, such as pharmaceuticals and automotive, have unique logistics demands, emphasizing supply chain visibility and diversification to manage costs and compliance [5][21] - **Future Strategies**: Companies are encouraged to build a "resilience triangle" focusing on organizational agility, ecosystem collaboration, and technological integration to navigate future challenges [6][7]

1.胡润将张朝阳送回的LABUBU送给小马智行CEO彭军 6月15日，胡润百富榜创始人胡润发布最新一期交换礼物视频。视频显示，之前被搜狐创始人张朝阳送回的 绝版签名LABUBU公仔被送给了小马智行创始人兼CEO彭军。作为交换，彭军将公司第一辆在公共道路上 路的自动驾驶汽车交给胡润，将送给福耀玻璃集团创始人曹德旺。 点评：科技大佬跨界互动，LABUBU传递情谊，行业联动趣味十足。 2.沃尔玛在南昌最后一家店宣布7月16日起停业 据都市现场报道，南昌最后一家沃尔玛超市沃尔玛南昌象湖店，宣布7月16日起停止营业。沃尔玛南昌象湖 店工作人员表示，闭店前，购物卡可以正常使用，如果闭店后余额没用完，还可以在山姆会员店使用。此 外，闭店前，线上配送服务将正常运营，闭店后，线上配送将变成沃尔玛全城配，由外地公司接手，消费 者可以继续购买除蔬菜鲜肉以外的日常用品。 3.中熔电气：计划在2030年前通过并购补强产品组合 中熔电气(301031)在机构调研时表示，公司计划在2030年前通过并购补强产品组合，提升核心竞争力，主要 考量因素包括战略契合度、团队融合度、行业前景。此外，机器人领域布局方面，目前公司正在探索相关 产品（如E ...

Industry Overview - The optical fiber amplifier is a core component in optical fiber communication, primarily used to enhance optical signals for high-quality, long-distance transmission [1][14] - The demand for optical fiber amplifiers in China is increasing due to the implementation of the "Broadband China" strategy and the rapid development of 5G networks and data centers [1][14] - The market size for optical fiber amplifiers in China is projected to reach approximately 19.387 billion yuan by 2024 [1][14] Market Dynamics - Government investments in communication infrastructure are driving the growth of the optical fiber amplifier market, facilitating the widespread adoption of broadband internet and 5G networks [1][14] - There is a growing consumer demand for high-speed, stable, and secure network services, prompting operators and manufacturers to enhance research and development of optical fiber amplifiers [1][14] Industry Development History - The optical fiber amplifier industry in China started relatively late, initially relying on foreign technology until the successful development of the Erbium-Doped Fiber Amplifier (EDFA) in 1987 [6] - Domestic companies like Yifang Communication and Huawei have made significant advancements in EDFA technology, achieving performance levels close to international standards [6][7] Industry Chain - The upstream of the optical fiber amplifier industry chain includes raw materials such as specialty optical fibers, pump sources, optical components, and electronic components [9] - The midstream involves the manufacturing of optical fiber amplifiers, while the downstream applications span communication networks, data centers, broadcasting networks, military, aerospace, and industrial lasers [9] Key Companies - Major companies in the optical fiber amplifier industry include Huawei, ZTE, and Yifang Communication, which leverage technological innovation and product development to capture significant market shares [17][18] - ZTE reported a projected revenue of 121.3 billion yuan in the telecommunications equipment manufacturing sector for 2024 [19] - Yifang Communication is recognized as a leading supplier in the optical communication device market, with a focus on maintaining competitive advantages through high R&D investment [21] Future Trends - The optical fiber amplifier industry is expected to focus on high-performance and low-noise technology breakthroughs to meet the demands of long-distance transmission and high-speed communication [24] - The integration of AI for real-time monitoring and adaptive control of optical signals is anticipated to become mainstream, enhancing network performance and operational efficiency [25] - The industry is also moving towards miniaturization and energy efficiency, with advancements in silicon photonics technology driving the development of compact amplifier modules [27] - Emerging applications in quantum communication, laser radar, and medical optics are expected to expand the role of optical fiber amplifiers beyond traditional telecommunications [28]