华见早安之声 请各位听众升级为见闻最新版APP，以便成功收听以下音频。 市场概述 美国数据好坏参半，服务业PMI强劲，ADP就业疲软。软件股抛售潮蔓延至半导体、AI等。资金轮动至能源、材料等板块。纳指跌1.51%，道指涨0.53%。 大型科技股再度严重跑输。半导体指数大跌4.4%。AMD绩后暴跌17%，创8年最大日跌幅。Palantir大跌12%。闪迪跌近16%。盘后谷歌跌超2%。 美国财政部公布的季度再融资计划符合预期，30年期美债收益率涨2个基点至4.92%，2年期美债收益率微跌1个基点至3.56%。美元涨0.3%，收复昨日跌幅。 比特币大跌，日内跌逾5%至7.2万美元附近。以太坊跌超5%，创九个月新低。 现货黄金一度重回5000美元上方，但未能守住，最终涨0.3%。现货白银涨3%。 亚洲时段，沪指午后拉升重返4100点，光伏爆发掀涨停潮，科技股全线下跌，恒科指跌超1%，腾讯跌近4%，沪银暴涨11%。 要闻 中国 美国1月ISM服务业PMI创2024年以来新高，就业几乎没扩张，价格指数攀升。 习近平同美国总统特朗普通电话。 习近平同俄罗斯总统普京举行视频会晤。 中国央行：着力支持扩大内需、科技创新、中小微 ...

Group 1 - The Ministry of Commerce will hold a press conference on February 5 to introduce key work in the business sector [2] - The global energy internet development cooperation organization will release the "Global Wind, Solar, and Hydropower Capacity Annual Forecast 2026" report on February 5 [2] - A total of 354 billion yuan in 7-day reverse repos will mature on February 5 [2] Group 2 - The 2026 Credit Market Work Conference emphasized support for expanding domestic demand, technological innovation, and small and medium-sized enterprises [4] - The State Administration for Market Regulation released 32 national metrology technical specifications, covering various fields including smart connected vehicles and health [4] - The Ministry of Culture and Tourism announced the resumption of travel for Shanghai residents to Kinmen and Matsu [4] Group 3 - Ibiden, a leading Japanese IC substrate manufacturer, announced a 500 billion yen (approximately 22.2 billion yuan) investment plan to expand high-performance IC substrate capacity from FY2026 to FY2028 [6] - The demand for IC substrates is increasing due to advancements in packaging technology, such as Chiplet packaging [6] - Chongda Technology announced a 1 billion yuan investment in a functional IC packaging substrate project in Jiangsu Province [6] Group 4 - The successful installation of the dome for the Zhangzhou Nuclear Power Unit 3 marks a significant milestone in the construction of the "Hualong One" nuclear power technology [8] - There are currently 41 units of "Hualong One" under construction or in operation, making it the most widely used nuclear power technology globally [9] - The World Nuclear Association projects that global nuclear power capacity could reach 1,446 GWe by 2050, surpassing the target set in the "Threefold Nuclear Energy Declaration" [9] Group 5 - The first brain-machine interface equipment for traditional Chinese medicine has been launched, aimed at patients with neurological injuries [10] - The technology is expected to revolutionize human-machine interaction, initially focusing on medical rehabilitation [10] - Companies like Weisi Medical and Innovation Medical are actively involved in the development of brain-machine interface technologies [10] Group 6 - Hengtong Optic-Electric has completed the construction of its AI advanced optical fiber materials R&D center and has entered the equipment installation phase [12] - Ruixin Technology is planning a major asset restructuring involving the acquisition of Wuhu Deheng Automotive Equipment Co., with stock suspension starting February 5 [12] - Changan Automobile plans to repurchase shares worth between 1 billion to 2 billion yuan to reduce registered capital [12] Group 7 - Shengxin Lithium Energy's subsidiary plans to acquire a 13.93% stake in Huirong Mining for 1.26 billion yuan, aiming for full control [13] - Sileck's subsidiary received a project confirmation letter from a South Korean battery client for cylindrical battery shell products, with an expected total procurement of approximately 360 million units [13] - Huibo Technology signed a contract worth 225 million USD (approximately 1.596 billion yuan) for the Naft Khana oilfield restoration project in Iraq [13] Group 8 - On February 3, stock-type ETFs (excluding cross-border ETFs) saw a net inflow of 6.965 billion yuan, marking a return to net inflows after a period of outflows [15] - The Southern CSI 500 ETF had a net inflow of 3.566 billion yuan, with several other ETFs also attracting significant investments [15] - The total scale of the Jiashi CSI 300 ETF has returned to over 100 billion yuan, reaching 100.824 billion yuan [15] Group 9 - JinkoSolar received a net buy of 104 million yuan from institutional seats, representing 2.52% of total trading volume [16] - The company signed a strategic cooperation agreement with Jintai Technology to jointly develop AI-based high-throughput perovskite tandem solar cells [16] - The expected mass production of perovskite tandem cells could significantly enhance efficiency and application in various scenarios [16] Group 10 - Honghe Technology received a net buy of 95.766 million yuan from institutional seats, accounting for 5.26% of total trading volume [17] - The company is a leading manufacturer of high-end electronic fabrics, benefiting from strong demand in AI-related applications [17] - Other companies such as Jingsheng Mechanical and China International Marine also saw net buys from institutional investors [17]

早 报 精 选 1、央行：不断加强对重大战略、重点领域和薄弱环节的优质金融服务。 2、中国光伏行业协会：太空光伏技术仍处于探索和验证的初期阶段。 3、文化和旅游部：近期恢复上海居民赴金门马祖旅游。 4、欧盟宣布调查金风科技，外交部：敦促欧方停止滥用单边经贸工具。 5、工信部：突破算力芯片、工业大模型等关键技术，做优应用生态。 宏 观 新 闻 1、2月4日晚，国家主席习近平同美国总统特朗普通电话。习近平指出，今年中美两国各自都有不少重要议程，中国"十五五"开局起 步，美国将迎来建国250周年，两国将分别主办亚太经合组织领导人非正式会议、二十国集团领导人峰会。双方要按照我们达成的共 识，加强对话沟通，妥善管控分歧，拓展务实合作，不以善小而不为，不以恶小而为之，一件事一件事去做，不断积累互信，走出一 条正确相处之道，让2026年成为中美两个大国迈向相互尊重、和平共处、合作共赢的一年。习近平强调，台湾问题是中美关系中最 重要的问题。台湾是中国的领土，中方必须捍卫国家主权和领土完整，永远不可能让台湾分裂出去。美方务必慎重处理对台军售问 题。特朗普表示，美国和中国都是伟大的国家，美中关系是世界上最重要的双边关系。我乐见中 ...

Core Insights - The development of future industries, particularly brain-computer interfaces (BCIs), is a strategic focus for China, emphasizing the need for scientific planning and comprehensive coordination [1] Group 1: Industry Development - The Chinese government aims to significantly enhance the innovation capabilities of the BCI industry by 2030, establishing a reliable industrial system and nurturing 2 to 3 globally influential leading enterprises [1] - Various regions in China, such as the Yangtze River Delta, Beijing-Tianjin-Hebei, and the Guangdong-Hong Kong-Macao Greater Bay Area, are leveraging their unique advantages to advance BCI technology and applications [1] Group 2: Challenges and Solutions - The BCI industry faces systemic challenges, including technological innovation gaps and a lack of unified standards for brain data collection, which hinder innovation among small and medium enterprises [2] - To address these challenges, a problem-oriented approach is recommended, focusing on multi-technology exploration, open scenarios, and regulatory adaptation to foster a collaborative development environment [2] Group 3: Application and Commercialization - There is a push to expand BCI applications across various sectors such as healthcare, industrial, and education, with an emphasis on market-driven technology iteration and innovative business models [3] - Financial support mechanisms, such as establishing an investment fund for the BCI industry, are being explored to mitigate early-stage investment risks for innovators [3] Group 4: Regulatory and Safety Framework - The establishment of a comprehensive standard system covering technology development, data security, and clinical applications is crucial for the BCI industry [3] - Innovative regulatory approaches, including regulatory sandboxes, are being considered to provide safe testing environments for new products [3] Group 5: Talent Development - Support for interdisciplinary education in fields like neuroengineering and the establishment of collaborative laboratories is essential for nurturing talent in the BCI sector [4] - A full-chain incubation system is proposed to foster the growth of various enterprises, from startups to established companies, enhancing the overall industry ecosystem [4]

为进一步构建覆盖基础研究到应用开发、人才培养的完整学术生态，大会发布了《脑机接口产业的人才 摸底和分析研究》，揭晓了2025年度中国脑机接口"华瑙奖"，27名在该领域作出突出贡献的学者分别被 授予终身成就奖、卓越学者奖、杰出青年奖和学术新星奖。 本次会议还设立了9个分论坛，深入探讨算法模型与数据软件、应用技术与临床验证等议题。 （文章来源：人民日报） 本报天津2月4日电 3日，全国首届脑机接口开发者大会在天津举办，近千名来自各地脑机接口领域的技 术开发者、算法工程师、企业代表、临床医生及行业专家，集中探讨脑机接口技术的前瞻布局和场景落 地，展望脑机接口未来产业的创新生态。 会上，《脑机接口开源软件平台应用与实践教程》正式发布，该教程由天津大学牵头，联合相关领域专 家学者合作编写，阐释了脑机接口开源软件平台MetaBCI形成的多设备兼容、多范式统一、多场景应用 的创新生态体系。大会还发布了脑机接口开发者创新生态社区，通过汇聚技术经验、激发开源分享、沉 淀开发成果，致力于解决脑机接口协作开发交流难、资源散的痛点。 ...

天津新智感知科技有限公司董事长王帅宇说，"脑机谷"作为天开华苑园的重要产业拓展区，将加快形成 以高端科研平台为引领、以创新企业为主体的产业生态，新智感知科技产业园将持续完善园区服务体 系，为企业发展提供有力支撑。 此次活动中还达成了多项合作协议，涉及企业入驻、意向投资及战略合作等内容。 滨海高新区是我市首批未来产业先导区之一，高新区管委会副主任韩林表示，脑机接口是新一轮科技革 命和产业变革的重要方向，高新区将持续优化创新环境，加大政策支持和服务保障力度，全力推动"脑 机谷"建设，形成具有核心竞争力的脑机接口产业集群。 天津天开发展集团有限公司副总经理王杨表示，天开高教科创园是天津推进科技创新和成果转化的重要 载体，"脑机谷"建设是天开园在前沿交叉领域布局的重要成果。首批企业集中入驻，标志着脑机接口产 业从科研策源向规模化、集聚化发展迈出关键一步。 （来源：天津日报） 转自：天津日报 本报讯（记者 马晓冬）记者从天津滨海高新区获悉，近日，"脑机谷"迎来首批入驻企业，将落户新智 感知科技产业园。 据了解，"脑机谷"是围绕脑机接口前沿技术布局建设的重要产业平台，以脑机交互与人机共融海河实验 室为核心创新源头，聚焦脑 ...

Core Insights - The article highlights the accelerated pace of institutional research on A-share listed companies as they prepare for investment opportunities in 2026, with over 700 companies receiving institutional inquiries since the beginning of the year [2] Group 1: Institutional Research Trends - More than 700 A-share listed companies have been visited by institutional investors for research since the start of 2026, with over 20 companies attracting more than 100 institutions each [2] - Key sectors attracting attention include electronics, machinery, pharmaceuticals, power equipment, and non-ferrous metals [2] Group 2: New Product Launches - Several companies have announced timelines for mass production of new products, indicating a strong growth outlook for 2026 [3] - Nepean Mining revealed plans to globally promote its innovative composite lining board, with production ramping up in 2026 [3] - Huajin Technology's robotics division is set to deliver mass-produced robots in 2026, enhancing flexible manufacturing capabilities [3] - Jiemai Technology is investing in a production line for critical products, expected to achieve scale production by mid-2026 [3] Group 3: Brain-Computer Interface Developments - Companies like Xiangyu Medical are focusing on brain-computer interface technologies, with plans to launch nearly 100 products by the end of 2026 [4] - The integration of software with rehabilitation equipment is expected to enhance product offerings and reduce upgrade cycles [4] Group 4: High-Growth Sector Expansion - The demand for AI and computing power is driving growth in sectors like optical communication and liquid cooling, prompting companies to accelerate production capacity [5] - Daikin Heavy Industries reported a tight production schedule for overseas projects, anticipating significant growth in offshore wind energy markets [5] - Zhongji Xuchuang noted a strong order backlog extending into Q4 2026, indicating sustained demand in the optical module sector [5] Group 5: Storage and Liquid Cooling Innovations - Dike Technology plans to increase its storage chip output target to between 30 million and 50 million units in 2026, aiming for significant revenue growth [6] - Dingtong Technology is expanding its liquid cooling production capacity to meet rising customer demand [6] - Haitan Ruisheng is enhancing its overseas operations, planning to establish a second local delivery base in Southeast Asia by the end of 2026 [6] Group 6: Mergers and Acquisitions for Growth - Companies are increasingly pursuing acquisitions to enter new markets and drive business transformation [7] - Yingtang Zhikong plans to acquire Guanglong Integration and Ao Jian Microelectronics to enter the optical communication sector [7] - Dinglong Co. is acquiring Haofei New Materials to expand into the lithium battery materials market, with expected sales growth in 2026 [7] - Tianlu Technology is reallocating funds to projects aimed at enhancing its product offerings in the display industry [8]

脑机接口技术，正从实验室的聚光灯下，走向医院的病房和普通人的生活。 2月3日至4日，由脑机接口产业联盟、脑机交互与人机共融海河实验室与天津大学联合举办的全国首届"脑机接口开发者大 会"举行。 多位参会专家均表示，中国脑机接口技术正从实验室研发，全面迈向"临床转化与自主创新"的新阶段，一个由政策引导、 标准护航、医保支持、人才驱动、产学研医深度融合的产业生态体系已初步构建。 聚焦未来，美国加州大学圣地亚哥分校（UCSD）教授钟子平提出，脑机接口应逐步从"治疗"走向"预测"。 临床落地中国原创产品获批在望 脑机接口可临床应用于哪些领域？中国工程院院士顾晓松在会上介绍，神经功能调控、中风、运动障碍及脊髓损伤等仍是 主流方向。 基于目前取得的扎实的临床试验数据，首都医科大学宣武医院院长赵国光进一步透露，中国首个脑机接口三类医疗器械注 册证书有望在今年获批。 从临床视角展示脑机接口如何"替代、修复、增强、改善"神经功能，他分享了多个里程碑案例：宣武医院与清华大学团队 合作的脊髓损伤患者有创脑机接口植入手术，时间上早于马斯克的Neuralink；全国多中心临床试验显示，患者运动功能评 分显著改善。此外，"脑机接口+脊髓刺 ...

Group 1 - The "Shengong-Hua Tuo" platform, the first brain-controlled acupuncture and neuro-rehabilitation equipment in China, has been launched, targeting patients with neurological disorders such as stroke-induced paralysis [1] - The platform is being tested in clinical trials at several top-tier hospitals, supported by the National Acupuncture Clinical Research Center [1] - According to Founder Securities, brain-machine interfaces are expected to become a core technology for human-machine interaction, initially focusing on medical rehabilitation and eventually enhancing brain-machine integration intelligence [1] Group 2 - Weisi Medical is focusing on non-invasive EEG collection and magnetic stimulation technology to build a closed-loop system for neuro-rehabilitation [1] - Innovative Medical is investing in both invasive and non-invasive brain-machine interface technologies through its stake in Boling Brain Machine, with its rehabilitation products already commercialized [2]

Group 1: Brain-Computer Interface - The "Shengong-Hua Tuo" platform, the first brain-controlled acupuncture and neural rehabilitation equipment platform in China, has been developed by a research team led by the Brain-Machine Interaction and Human-Machine Integration Haihe Laboratory [1] - The brain-computer interface technology is accelerating towards commercialization, with the medical and health sector identified as a core growth engine [1] - China's 14th Five-Year Plan emphasizes the development of brain-computer interfaces as a new economic growth point, with a goal to establish a safe and reliable industrial system by 2030 [1] Group 2: Measurement Equipment - The State Administration for Market Regulation has released 32 national measurement technical standards covering various fields, including smart connected vehicles and health [2] - The demand for high-precision measurement and testing in emerging industries such as new energy and aerospace is increasing, with the manufacturing measurement market expected to exceed 150 billion RMB by 2025, maintaining a CAGR of over 10% [2] Group 3: Emergency Equipment - The Ministry of Emergency Management and the Ministry of Industry and Information Technology have issued guidelines to accelerate innovation in emergency management equipment, focusing on 12 specific areas of work [3] - By the end of 2027, the goal is to overcome over 20 key core technologies and develop more than 20 innovative equipment types [3] Group 4: Semiconductor Industry - Yangtze Memory Technologies' third-phase project is set to be completed and operational by the second half of 2026, one year ahead of schedule, and will drive the aggregation of 200 upstream and downstream enterprises [4] - Yangtze Memory Technologies ranks among the top in the global 3D NAND storage chip market, with a market share of 13% as of Q3 2025, expected to reach 15% by the end of 2026 [4] Group 5: AI Animation - Tencent has launched its first independent app "Huo Long Man Ju," which integrates comic storyboards, AI technology, and dynamic effects, targeting the emerging AI animation market [5] - The AI animation market is projected to exceed 20 billion RMB by 2025, with significant growth potential driven by AI technology reducing costs and enhancing efficiency [5]