Core Viewpoint - The article highlights the significant impact of digital technology on individual lives and society, showcasing how ordinary people are leveraging the internet to create meaningful connections and opportunities in a rapidly evolving digital landscape [11][16][25]. Group 1: Digital Transformation and Individual Stories - The number of internet users in China reached 1.123 billion, reflecting a vibrant digital ecosystem where individual stories contribute to a larger narrative of digital China [11]. - Various individuals, such as "Chicken Chop Brother" Li Junyong and hairstylist Xiao Hua, have gained immense popularity on social media platforms, demonstrating how ordinary people can achieve fame and success through their unique talents and hard work [12][13]. - The short drama "Kick the Ball, Son" gained over 130 million views globally, showcasing the power of storytelling and digital media in connecting with audiences [14]. Group 2: AI and Technological Advancements - The introduction of AI technologies, such as the first AI pediatrician in Beijing, is transforming healthcare access and efficiency, particularly in underserved regions [16][18]. - The emergence of humanoid robots and AI applications in various sectors, including public service and education, indicates a growing trend towards automation and enhanced productivity [17][19]. - Digital tools are increasingly being integrated into everyday life, with mobile phones becoming essential for agricultural practices and community engagement in rural areas [18]. Group 3: Cultural and Economic Impact - The success of the animated film "Nezha 2," which grossed over 15 billion yuan, illustrates the potential of Chinese culture in the global entertainment market [23]. - The rise of grassroots sports events and local cultural expressions on social media has stimulated community engagement and economic growth, exemplifying the intersection of culture and commerce [22]. - The popularity of Chinese creative products, such as the Labubu toy, highlights the global appeal of Chinese innovation and cultural symbols [23]. Group 4: Global Connectivity and Cooperation - The concept of "cyber reconciliation" has emerged as a unique form of cultural exchange, breaking down stereotypes and fostering understanding between China and the world [24]. - China's commitment to addressing global digital divides is evident through initiatives aimed at enhancing communication infrastructure in developing regions [24]. - The release of the "Artificial Intelligence Global Governance Action Plan" signifies China's proactive approach to international collaboration in AI development [24].

"顶天立地"书写科技自立自强新答卷 2025年8月，江门中微子实验正式运行取数，成为国际上首个运行的超高精度和超大规模中微子专用大 科学装置。图为江门中微子实验站的中央探测器（资料图）。视觉中国供图 神舟飞船划破夜空，人形机器人冲上跑道，青年科学家在"破五唯"的评价新风中潜心探索，国际大科学 计划里响起中国倡议。 2025年的中国科技创新，既是"十四五"改革攻坚的答卷，更是面向"十五五"蓝图的展望。从星辰大海到 微观粒子，从制度破壁到人才奔涌，一幅以"自立自强"为底色的画卷正在展开。 今年11月，《国家航天局推进商业航天高质量安全发展行动计划（2025-2027年）》印发，明确5方面22 项重点举措，推进商业航天高质量发展和高水平安全。其中明确，"鼓励商业航天布局航天产业链相应 环节""重点支持商业航天主体开发新技术、新产品，挖掘应用新场景"等。展望"十五五"，中国商业航 天全产业链正在逐渐形成，迎来自己的发展机遇。 2025年的中国航天，继续在星辰大海的征途上留下浓墨重彩的印记。 当前，我国载人航天工程已进入空间站应用与发展阶段。作为人类在太空仅有的两个空间站之一， 在"十四五"期间全面建成的中国空间站实现 ...

"十五五"规划建议提出，"深入推进数字中国建设""适度超前建设新型基础设施""推进传统基础设施更 新和数智化改造"。《中共中央办公厅国务院办公厅关于全面推进江河保护治理的意见》明确要求以数 字孪生流域为重点，系统谋划推进数字孪生水利体系建设。我们要坚决落实好、完成好党中央、国务院 决策部署，谋划好、建设好数字孪生水利体系。 习近平总书记高度重视水安全保障问题，对推动水利高质量发展、保障我国水安全提出明确要求，为水 利工作提供了根本遵循和行动指南。近年来，随着气候变化和经济社会发展，水安全领域风险隐患增多 与抵御能力不足叠加，历史风险累积和新型风险叠加的问题越来越突出，水安全保障面临的环境条件比 以往更加复杂、更趋极端，提升水利发展质量、有效防控水安全风险的要求更加迫切、更为凸显。同 时，新一轮科技革命和产业变革加速演进，前沿技术突破集中涌现，为实现水利智能分析研判和科学高 效决策提供了技术支撑。建设数字孪生水利体系是应对风险挑战、把握时代之变、塑造发展动能的关键 手段，必须强化科技赋能、数智赋能，系统谋划推进数字孪生水利体系建设，为推动水利高质量发展、 保障我国水安全提供有力支撑。 推动数字孪生水利体系与物理 ...

Group 1 - The core viewpoint of the article emphasizes the rapid development of China's digital economy and the integration of digital technologies across various industries, leading to significant advancements in artificial intelligence, robotics, and digital infrastructure [6][7][10][12][14]. Group 2 - In 2025, the wave of digitalization continues, with humanoid robots increasingly integrated into diverse scenarios, from performances to sports, showcasing accelerated application [6]. - The comprehensive strength of artificial intelligence in China has seen a systematic leap, with new infrastructure construction progressing in an orderly manner [7]. - The DeepSeek model, launched in January, gained over 22.15 million active users within 21 days, demonstrating significant user engagement and technological advancement [8]. - China has become the largest holder of AI patents globally, accounting for 60% of the total, indicating a strong position in AI technology [8]. - By the end of November, China had 4.83 million 5G base stations, a net increase of 579,000 from the previous year, representing 37.4% of all mobile base stations [9]. - The total number of intelligent computing centers in China reached 10.85 million standard racks, with a computing power scale of 788 EFLOPS [9]. - The digital economy in China remains the second largest in the world, with significant improvements in technological innovation, industrial competitiveness, and international influence [9]. Group 3 - The digitalization of various industries is reshaping China's economic landscape, with significant growth in high-tech manufacturing and smart consumer devices [11]. - The production value of high-tech manufacturing increased by 9.2% year-on-year from January to November, while the production of industrial robots surged by 29.2% [11]. - The integration of digital technologies in traditional and emerging industries is driving new growth momentum, with over 7,000 advanced intelligent factories established nationwide [12]. - The agricultural sector is also experiencing innovation, with 62 types of intelligent equipment achieving breakthroughs, enhancing productivity [13]. Group 4 - Digital services are enhancing public welfare, with initiatives like the two-way referral information platform improving healthcare access for patients [14]. - The implementation of self-service terminals in public service centers is streamlining processes, allowing citizens to access services more efficiently [15]. - Digital technologies are transforming daily life and leisure activities, with smart community services and digital consumption trends emerging [16][17]. Group 5 - China is actively promoting international cooperation in digital economy, with the "Suhao Cloud" platform facilitating cross-border e-commerce and achieving over 220% growth in trade volume [18][19]. - The establishment of partnerships with 36 countries under the "Silk Road e-commerce" initiative is enhancing global e-commerce collaboration [19]. - China is participating in the construction of digital rules on a multilateral stage, signing memorandums of understanding with multiple countries to strengthen digital economic cooperation [20][21].

| 日期 | 2025 年 12 月 25 日 | | --- | --- | | | 特定对象调研 □分析师会议 ☑ | | 投资者关系活动 | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 | | 参与单位名称及 | 国泰海通证券计算机行业计算机研究首席分析师杨林 | | 人员姓名 | 国泰海通证券计算机行业计算机助理分析师黎雅晴 | | 时间 | 9:00-10:00 | | 地点 | 南方电网数字电网研究院股份有限公司会议室 | | 上市公司接待人 | 总会计师兼董事会秘书杜伟伦 | | 员姓名 | 证券管理部总经理、证券事务代表易晓丽等 | | | 1、导致 2025 年业绩预计增速相比 2024 年出现较 | | | 大幅度下滑的具体原因是什么？是高基数效应，还是 | | | 主要客户（如南方电网）的投资节奏放缓？ | | | 答：2024 年公司营业收入达 60.90 亿元，同比增长 | | | 43.81%，净利润 5.74 亿元，同比增长 52.20%，主要是 | | | 2023 年公司剥离非核心业务（如系统运维、通信服务 ...

Core Viewpoint - The "Harmony Starry Night Gala" showcases the achievements of the HarmonyOS ecosystem, emphasizing its role in China's digital transformation and technological self-reliance [7][8][18]. Group 1: Event Overview - The gala was co-hosted by the Central Radio and Television Station and the Guangdong Provincial Government, featuring a visually stunning display with 40,000 light balls [1][2]. - The event's narrative focused on "breakthrough, growth, belief, and future," with prominent hosts and performers conveying a message of unity and warmth [4][6]. Group 2: Technological Integration - The stage design embodied the concept of "Harmony's initial opening, interconnecting the stars," blending Eastern philosophy with futuristic technology [6]. - The gala integrated cutting-edge technologies like AR and AI, illustrating the future of interconnectedness [6]. Group 3: HarmonyOS Achievements - HarmonyOS has evolved significantly since its launch in August 2019, with the upcoming HarmonyOS 5 and the recently released HarmonyOS 6 marking important milestones [8]. - The system has become a strong competitor to Android and iOS, providing users with a "third choice" in operating systems [10]. Group 4: Ecosystem Growth - The Harmony ecosystem now boasts over 350,000 applications and services, with a compatibility rate exceeding 95% across 18 major sectors [12]. - The number of registered developers in the Harmony ecosystem has surpassed 10 million, with over 7.32 million individuals learning Harmony development skills [12][14]. Group 5: Open Source Development - Open-source HarmonyOS is the fastest-growing open-source operating system, with over 1300 hardware products and more than 70 industry-specific versions developed [14][16]. - The system has been customized for various industries, including energy and telecommunications, demonstrating its versatility [14]. Group 6: National Significance - HarmonyOS represents China's first fully self-developed operating system, enhancing national information security and digital sovereignty [18]. - The ecosystem promotes collaboration among various market players, contributing to the overall digital economy and innovation [18][20]. Group 7: User Experience and Future Vision - HarmonyOS aims to provide a seamless user experience, with features designed to bridge digital divides and promote inclusivity [18]. - The ongoing journey of HarmonyOS reflects China's commitment to technological independence and innovation, inviting users and developers to participate in its growth [21][20].

Group 1 - The core message emphasizes the importance of the 14th Five-Year Plan in accelerating the construction of a financial powerhouse, with South Fund committing to implement the spirit of the conference as a major political task [1][2] - South Fund aims to enhance high-quality development through political leadership, focusing on serving the modernization of China, the real economy, and the capital market [2] - The company is dedicated to fostering a high-quality financial talent pool and promoting a unique financial culture to support its development [2] Group 2 - The 14th Five-Year Plan highlights the need for a more inclusive and adaptable capital market, with South Fund taking on the mission of promoting market stability and health [3] - South Fund plans to focus on developing equity funds to enhance market vitality and efficiency, aligning with national strategic directions [3][4] - The company aims to create a "long money, long investment" ecosystem to stabilize the capital market and support long-term financing for enterprises [4] Group 3 - South Fund is committed to enhancing its international competitiveness and contributing to a more open and inclusive capital market, aligning with the 14th Five-Year Plan's emphasis on high-level openness [5] - The company has launched various international investment products and established a presence in Hong Kong to facilitate overseas investment in Chinese assets [5] Group 4 - South Fund is focused on developing five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, as outlined in the 14th Five-Year Plan [6][7] - The company aims to enhance its capabilities in serving the real economy and national strategies through systematic investment research and product design [7][8] Group 5 - South Fund is dedicated to improving its services in wealth management and pension business, with a focus on enhancing customer experience and expanding its client base [8] - The company is actively involved in educational initiatives to promote financial literacy and encourage participation in pension systems [8] Group 6 - The company is advancing its digital transformation and AI applications to enhance operational efficiency and service quality, aligning with the strategic goals of the 14th Five-Year Plan [9] - South Fund is developing a comprehensive digital platform to integrate investment research and improve data utilization [9]

以提升国际化竞争力为目标，助力打造更加开放包容的资本市场。打造具备包容度和全球吸引力的资本 市场，是坚定不移扩大高水平对外开放的重点内容，也是畅通国内国际双循环的重要环节。南方基金始 终将国际化作为重点业务布局，力争服务好中国资本市场高水平开放大局。"十五五"规划建议强调要坚 定不移扩大高水平对外开放，无论是"中国投资"还是"投资中国"，都需要专业服务机构。南方基金责无 旁贷将国际化作为重点业务布局，力争服务好中国资本市场高水平开放大局。发行国内首只权益类 QDII公募基金，率先参与各类互联互通业务试点，陆续推出首批"中新通"ETF、首批沙特ETF等行业代 表性互挂产品。公司于2008年成立南方东英资产管理有限公司，是第一家在香港成立子公司的内地基金 公司。目前南方东英已成为香港第二大ETF管理人，搭建起海外投资者布局中国资产的重要桥梁。 ——南方基金深入学习贯彻党的二十届四中全会精神 党的二十届四中全会对"十五五"时期加快建设金融强国提出明确要求、作出战略部署，为扎实高效做 好"十五五"时期金融工作提供了基本遵循。南方基金将深入学习宣传贯彻全会精神作为当前和今后一个 时期的一项重大政治任务，以实际行动诠释国 ...

Core Viewpoint - The "2025 HarmonyOS Starry Night Gala" symbolizes a significant milestone in the narrative of "Digital China," showcasing the progress and collaborative spirit behind the development of the HarmonyOS ecosystem, which is pivotal for China's technological independence and innovation [3][4][14] Group 1: Event Overview - The gala was themed "Together, We Can," emphasizing the collaborative nature of the HarmonyOS ecosystem and the collective achievements of various partners [4][5] - The event featured a unique stage design created by the Beijing Olympic opening and closing ceremony team, symbolizing the harmony and unity of the HarmonyOS spirit [4][6] - The gala included performances and speeches that highlighted the contributions of developers and partners, showcasing the human stories behind the technology [10][12] Group 2: Ecosystem Development - The HarmonyOS application market has surpassed 300,000 searchable applications, with major internet applications fully adapted and continuously improved [5] - Numerous national and local government applications have been integrated into the HarmonyOS, enhancing user experience in governance and public services [5][6] - The ecosystem has seen nearly 10,000 applications participating in system-level innovations, marking a significant collaborative effort in the history of operating systems [6][7] Group 3: Technological Innovations - Innovations such as the "Live Window" weather effect and the "Tap to Share" feature have been introduced, enhancing user experience and showcasing the capabilities of HarmonyOS [6][8] - The gala highlighted various applications that have successfully integrated with HarmonyOS, demonstrating the platform's versatility and the depth of its ecosystem [10][11] - The event underscored the importance of technology in enhancing daily life, with examples of how HarmonyOS facilitates seamless connectivity and user interaction across devices [12][13] Group 4: Community and Collaboration - The gala celebrated the contributions of diverse developers and partners, emphasizing the importance of community in driving technological advancements [10][13] - Personal stories from developers illustrated the transformative impact of HarmonyOS on their projects and the broader ecosystem [11][12] - The event concluded with a call for continued collaboration and innovation, reinforcing the idea that the success of HarmonyOS is a collective achievement [14]

"我们可以充分发挥深圳和香港各自的优势，着眼粤港澳大湾区共同推进大数据和人工智能产业发 展。"在日前深圳落地的"第九届深港大数据交流活动"上，来自政府相关部门人士如是抛来建议。本届 论坛由深圳市信息行业协会、香港互联网专业协会、华人大数据学会联合主办。来自深港两地及粤港澳 大湾区的大数据专家、政府代表和企业高管聚焦政务、金融、制造、科研等关键领域，推动粤港澳大湾 区在数字化浪潮的加速融合。 大湾区如何打通数据流通"最后一公里"？记者注意到，深港两地在AI大模型领域如何通过资源互补与协 同创新成为核心议题，而数据跨境流通则是深港合作的关键所在。 港区全国人大代表、香港互联网专业协会会长冼汉迪认为指出，国家"数字中国"等战略的深入推进，为 深港协同发展带来前所未有的机遇。香港背靠祖国、联通世界，拥有国际化规则优势与扎实科研实力； 深圳则在数据要素市场化配置、AI场景落地等领域走在前列。两地优势互补，正是打通数据流通"最后 一公里"的关键所在。 那么，目前深港两地在数据跨境流通等领域有何具体探索？又如何优势互补？深圳市政务服务和数据管 理局一级调研员杨枫介绍，"人工智能+""数据要素×"已经形成从国家战略的谋划到地 ...