当前，全球制造业正经历以数字化、智能化为核心的深刻变革。高端装备作为制造业发展的基石，其数 字化转型已成为提升国际竞争力、抢占未来产业制高点的关键环节。作为全球智能机械与电子产品博览 会的配套分论坛，本次论坛汇聚全球产业领袖、资深技术专家与知名学术精英，共同围绕工业互联网、 数字孪生、人工智能等前沿技术在高端装备领域的深度融合、创新应用与实践案例展开深入研讨。论坛 将重点探讨数字化转型的实施路径、面临的关键挑战以及未来的发展趋势，致力于打造一个高水平、专 业化的交流平台，促进交流合作，共同推动高端装备产业向智能化、绿色化、服务化方向转型升级。 （文章来源：新华财经） 由全球智能机械与电子产品博览会组委会主办，机械工业仪器仪表综合技术经济研究所、国际电工委员 会（IEC）智能制造系统委员会中国专家委员会和中央企业智能制造协同创新平台共同承办的"高端装 备数字化论坛"（简称"论坛"）即将于2025年12月4日在广东珠海举行。 ...

Core Insights - Goertek has successfully passed the CMMM L4 certification for multiple advanced consumer electronics production lines, including smart wearables and smart home devices, marking it as one of the few companies to achieve this level in both "precision components" and "smart hardware" sectors [2][3] - The CMMM standard, established by the China Electronics Standardization Institute, serves as a national benchmark for smart manufacturing, assessing companies across 20 capability domains with five maturity levels, where L4 represents the highest level of data-driven continuous optimization capabilities [2] Company Achievements - Goertek's dual L4 certification is a result of its long-term commitment to integrating precision components with smart hardware, having established a robust smart production system in the precision components sector [3] - The recent certification evaluated Goertek's smart wearables and other advanced product lines across 17 core capability domains, highlighting the effectiveness of its Goertek Production System (GPS) [3] Technological Advancements - The GPS system, driven by key technologies such as digital twins, artificial intelligence, and flexible automation, has significantly improved production efficiency, cost control, and product quality, while also meeting the stringent requirements of the CMMM L4 level [3] - Goertek aims to focus on core areas such as consumer electronics and AI + metaverse, further developing the GPS system and exploring systematic construction in smart manufacturing to transition from "manufacturing" to "intelligent manufacturing" [3]

Core Viewpoint - The stock of Gaoxin Development has experienced a significant decline in 2023, with a year-to-date drop of 29.62%, and recent trading activity shows a mixed trend in capital flow and shareholder dynamics [1][2]. Group 1: Stock Performance - As of November 24, Gaoxin Development's stock price increased by 2.10% to 43.80 CNY per share, with a trading volume of 1.59 billion CNY and a market capitalization of 15.43 billion CNY [1]. - The stock has seen a decline of 4.95% over the last five trading days, 14.25% over the last 20 days, and 28.58% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Gaoxin Development reported a revenue of 3.522 billion CNY, a year-on-year decrease of 24.36%, and a net profit attributable to shareholders of 95.27 million CNY, down 20.90% year-on-year [2]. Group 3: Shareholder Dynamics - As of November 10, the number of shareholders for Gaoxin Development was 56,700, a decrease of 0.74% from the previous period, while the average number of circulating shares per shareholder increased by 0.74% to 3,391 shares [2]. - The company has distributed a total of 136 million CNY in dividends since its A-share listing, with 81.73 million CNY distributed over the past three years [3]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 2.5454 million shares, an increase of 694,800 shares from the previous period [3].

Core Viewpoint - Ronglian Technology's stock has shown significant growth this year, with a notable increase in trading activity and a diverse range of business operations in the IT services sector [1][2][3]. Group 1: Stock Performance - As of November 24, Ronglian Technology's stock price increased by 2.32%, reaching 9.28 CNY per share, with a trading volume of 447 million CNY and a turnover rate of 7.43% [1]. - The stock has risen by 29.79% year-to-date, with a 5.69% increase over the last five trading days, 3.23% over the last 20 days, and 8.79% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Ronglian Technology reported a revenue of 1.056 billion CNY, a year-on-year decrease of 23.14%, and a net profit attributable to shareholders of 6.404 million CNY, down 38.87% year-on-year [3]. - The company has not distributed any dividends in the last three years, with a total payout of 157 million CNY since its A-share listing [4]. Group 3: Shareholder and Market Activity - As of September 30, 2025, the number of shareholders increased by 34.69% to 101,700, while the average number of tradable shares per person decreased by 25.75% to 6,505 shares [3]. - The top ten circulating shareholders include the Huabao Zhongzheng Financial Technology Theme ETF, which increased its holdings by 3.9904 million shares, and Hong Kong Central Clearing Limited, which reduced its holdings by 430,300 shares [4].

Core Viewpoint - The company, Altec Automotive Technology Co., Ltd., has experienced a decline in stock price and significant changes in financial performance, indicating potential challenges in the automotive sector, particularly in electric vehicle design and services [1][2]. Group 1: Stock Performance - As of November 24, Altec's stock price increased by 2.00% to 10.20 CNY per share, with a trading volume of 26.28 million CNY and a turnover rate of 0.54%, resulting in a total market capitalization of 5.08 billion CNY [1]. - Year-to-date, Altec's stock price has decreased by 9.73%, with a decline of 4.05% over the last five trading days, 6.42% over the last 20 days, and 18.33% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Altec reported a revenue of 736 million CNY, reflecting a year-on-year growth of 19.30%. However, the net profit attributable to shareholders was -151 million CNY, a drastic decrease of 12,246.62% compared to the previous period [2]. - As of September 30, the number of shareholders increased to 31,500, a rise of 6.69%, while the average circulating shares per person decreased by 6.27% to 15,400 shares [2]. Group 3: Business Overview - Altec, established on May 23, 2007, and listed on March 27, 2020, is primarily engaged in the design of fuel and electric vehicles, with 87.68% of its revenue coming from electric vehicle design, 11.73% from fuel vehicle design, and 0.59% from other services [1]. - The company operates within the automotive services sector and is associated with various concepts, including AI, robotics, autonomous driving, flying cars, and digital twins [1].

Core Viewpoint - Moore Threads is planning to raise 800 million yuan through an initial public offering (IPO) on the Shanghai Stock Exchange's Sci-Tech Innovation Board, focusing on the development of AI and graphics chips [1][3]. Group 1: Company Overview - Moore Threads specializes in the research, design, and sales of GPUs and related products, aiming to provide computing acceleration platforms for high-performance computing fields such as AI and digital twins since its establishment in 2020 [2]. - As of June 30, 2025, the company does not have a single shareholder holding more than 30% of its shares, with Zhang Jianzhong being the largest shareholder at 12.73% and controlling 36.36% of the company through various platforms [2]. Group 2: IPO Details - The IPO is set to issue 70 million shares at a price of 114.28 yuan per share, with an expected total fundraising amount of approximately 799.96 million yuan after deducting issuance costs [1][3]. - The funds raised will be allocated to the development of new AI training and inference chips, new graphics chips, new AI SoC chips, and to supplement working capital [3].

Core Insights - The 2025 China 5G+ Industrial Internet Conference was held in Wuhan, focusing on the integration of the physical and digital economies through "5G+ Industrial Internet" [1] - The Ministry of Industry and Information Technology plans to implement actions to enhance the integration of industrial internet and artificial intelligence, optimize the industrial internet architecture, and promote the construction of 5G factories [1] Group 1: 5G Integration in Industries - Significant achievements in the automotive sector include the establishment of the first flexible production line for 5G automotive welding, reducing new model production line adjustment time by 90% [2] - Major home appliance manufacturers have deployed 5G-A industrial bases to create world-class 5G-A dark factories [2] - The latest data shows that 5G applications have been integrated into 86 out of 97 categories of the national economy, with over 138,000 cases and 64,000 deployed industry-specific virtual private networks [2] Group 2: Standards and Global Leadership - China has taken the lead in formulating the world's first industrial 5G international standards and has established over 100 national and industry standards [3] - The "5G+ Industrial Internet" is accelerating transformation, enhancing both quality and efficiency in factories [3] Group 3: AI Applications in Industrial Internet - Artificial intelligence is reshaping the entire value chain of enterprises, driving cost reduction and efficiency improvements [4] - Nearly 90% of automotive companies have adopted AI in their operations, with over 65% planning to establish dedicated AI positions [4] - AI technologies are being applied across various industries, including pharmaceuticals, steel, and home appliances, optimizing efficiency and quality [4] Group 4: Future Directions - The Ministry of Industry and Information Technology emphasizes the importance of intelligence, greening, and integration in advancing the industrial internet [5] - Future efforts will focus on deepening the penetration of AI into all operational aspects of enterprises, promoting customized production and precision service models [5]

Group 1 - The core viewpoint of the news is the upcoming IPOs of two companies on the Sci-Tech Innovation Board, namely Moer Thread and Bai Ao Sai Tu, with significant fundraising goals and innovative technology focus [1][2][3]. Group 2 - Moer Thread is set to launch its IPO on November 24, with an issue price of 114.28 yuan per share, making it the highest-priced IPO of the year, aiming to raise approximately 75.76 billion yuan after deducting issuance costs [1]. - The company specializes in the research, design, and sales of full-function GPU products, positioning itself as a domestic leader in both graphics rendering and AI computing, often referred to as the "Chinese version of Nvidia" [1]. - The funds raised will be allocated to the development of next-generation AI training and inference chips, graphics chips, and AI SoC chips, as well as to supplement working capital [2]. - Bai Ao Sai Tu will initiate its IPO on November 28, aiming to raise 1.185 billion yuan, and is a preclinical CRO and biotechnology company that utilizes its proprietary gene editing technology for drug development services [2][3]. - Bai Ao Sai Tu is transitioning to an A+H listing, having already been listed on the Hong Kong Stock Exchange since September 2022 [3].

Group 1: Core Insights - The 2025 China 5G+ Industrial Internet Conference was held in Wuhan, focusing on the integration of the physical and digital economies through "5G+ Industrial Internet" [1] - The Ministry of Industry and Information Technology plans to implement actions for the integration of industrial internet and artificial intelligence, optimizing the industrial internet architecture and accelerating the construction of 5G factories [1][5] - Significant achievements in the automotive manufacturing sector include the establishment of the first flexible production line for 5G automotive welding, reducing new model production line adjustment time by 90% [2] Group 2: Industry Developments - 5G technology has been integrated into 86 out of 97 categories of the national economy, with over 138,000 cases and 64,000 deployed industry-specific virtual private networks [2] - China Unicom reported the establishment of 1,260 advanced 5G factories, contributing to the enhancement of traditional industries and the emergence of new business models [2] - The development of industrial 5G international standards has been led by China, with over 100 national and industry standards established [3] Group 3: AI Integration - Artificial intelligence is transforming the "5G+ Industrial Internet" landscape, enhancing efficiency across the entire value chain in industries such as automotive, pharmaceuticals, and home appliances [4] - Generative AI has improved design efficiency by over 8%, with nearly 90% of automotive companies adopting AI for operational assistance [4] - AI applications are becoming prevalent in various sectors, optimizing processes in steel production and supply chain management in the home appliance industry [4]

尊敬的各位嘉宾、各位网友： 大家好！ 欢迎大家参加摩尔线程智能科技（北京）股份有限公司首次公开发行股票并在科创板上市的网上路演活 动。在此，我谨代表摩尔线程，向长期关心、支持公司发展的广大投资者表示热烈欢迎！向一直以来关 注我国GPU技术突破、智算产业发展的社会各界朋友表示衷心的感谢！很高兴能借助今天上证路演中 心、上海证券报及中国证券网的互动交流平台，与大家真诚沟通、共同探讨摩尔线程的发展与未来。 当前，全球科技竞争格局正在深刻变革，GPU作为支撑通用人工智能、数字孪生、具身智能等前沿产业 的核心算力引擎，其战略地位已升至前所未有的高度。公司自2020年成立以来，始终专注于全功能GPU 的自主研发与设计，是国内高端AI芯片领域极具代表性的企业。公司的目标是成为具备国际竞争力的 GPU领军企业，为融合人工智能和数字孪生的数智世界打造先进的加速计算平台。 公司的发展路径与国家推动高水平科技自立自强的战略方向同频共振。基于自主研发的MUSA统一系统 架构，摩尔线程实现了单芯片同时支持AI计算加速、图形渲染、物理仿真和科学计算、超高清视频编 解码的技术突破，为构建自主可控的高性能算力底座奠定了关键的技术基础。 目前 ...