技术创新是推动工程能力建设可持续发展的核心引擎。人工智能为新型电力系统带来了机遇，可以为电 力系统提供核心预测、优化、控制能力，精准预测风光发电量和用电需求，智能调度电源电网负荷和储 能，保障电力的稳定，智能调控价格，实现价值导向的供需平衡等。此外，以人工智能为基础的综合能 源系统还可以提高能源利用效率，支撑能源结构清洁化、低碳化转型。面对日新月异的技术发展，加速 人工智能、大数据等新兴技术与工程建设深度融合，更能持续推动工程建设数字化、绿色化发展。 人才培育是持久保障。人才是工程能力建设的核心载体与创新源泉。中国与泰国合作的"鲁班工坊"通 过"中文+职业技能"培养模式，已为泰国培养超千名职业技能人才。类似实践正在"一带一路"沿线拓 展：雅万高铁建设期间，通过建立培训机构、中方员工"师傅带徒弟"等方式，印尼方面累计约4.5万人 次接受培训；在柬埔寨金港高速公路项目中，属地化员工占比近80%，形成了以项目育人才、以人才促 项目的良性循环。 加强国际合作是关键路径。中国与东盟共建综合交通国际联合实验室，共同推进科技攻关；中欧班列通 过统一标准，大幅提升物流效率。这种合作模式，不仅打破地域与技术壁垒，更促进绿色、低 ...

Core Viewpoint - The 23rd New Fortune Best Analyst Selection has officially started, aiming to enhance transparency and reduce the announcement period for results, allowing research institutions to focus more on professional research work [1][22]. Group 1: Company Overview - Shenzhen New Fortune Multimedia Co., Ltd. was established in 2001, focusing on evaluation and research to build a standard evaluation system for China's capital market [2]. - The company has developed seven major capital market evaluation brands, including Best Analyst, Best Investment Advisor, and Best Private Equity/VC [3]. Group 2: Historical Development Phases - The selection process has evolved through five significant phases: Industry Enlightenment (2003-2004), Model Formation (2005-2009), Brand Strengthening (2010-2015), Ecological Expansion (2016-2020), and Deepening Innovation (2021-2025) [3][20]. - The Industry Enlightenment phase introduced a professional evaluation system and the first Best Analyst selection, utilizing an international voting mechanism [4][5]. - The Model Formation phase saw the expansion of awards and the introduction of new voting entities, reflecting the growing demand for comprehensive investment strategy support [9][12]. - The Brand Strengthening phase marked the internationalization of the selection process, with the introduction of overseas institutional investors as voters [13][14]. - The Ecological Expansion phase was characterized by the integration of technology, such as AI and big data, into research practices [15][16]. - The Deepening Innovation phase focuses on optimizing rules and promoting diverse development in the context of significant changes in the capital market [20][21]. Group 3: Recent Developments - The 2025 selection will continue to enhance transparency by clearly disclosing voting weights and significantly shortening the result announcement period [1][22]. - The selection has recorded the growth trajectory of the analyst industry in China and aims to contribute to the high-quality development of the Chinese economy [22].

行情速递 ① 主板领涨，楚天龙(+10.00%)/中京电子 (+9.99%)/光华科技(+6.12%)/大恒科技(+5.34%)/沃 格光电 (+4.18%)/ ② 创业板领涨，强力新材(+20.02%)/华铭智能(+13.22%)/联建光电(+13.21%)/ ③科创板领涨，福光股份(+8.98%)/世华科技 (+7.95%)/仕佳光子(+6.95%)/ ④活跃子行业，SW电子化学品Ⅲ(+1.61%)/SW半导体设备(+0.47%)/ 国内新闻 ①半导体材料与工艺设备，盛合晶微科创板 IPO 辅导状态变更为 "辅导验 收"/公司是全球首家采用集成电路前段芯片制造体系和标准/以独立专业代工 模式服务全球客户的中段硅片制造企业/其 12 英寸高密度凸块加工/12 英寸 硅片级尺寸封装和测试达世界一流水平/现发展先进三维系统集成芯片业务/ ②核芯产业观察，新能源汽车领军企业比亚迪与科技巨头字节跳动达成战略 合作/共建"AI + 高通量联合实验室"/旨在突破动力电池领域关键技术瓶颈/ 此次合作采用创新协同机制/字节跳动 Seed 团队主导人工智能算法研发/火 山引擎提供云计算支持/比亚迪负责高通量实验平台搭建与数据 ...

二、数字经济开启经济变革的表现（一）改变商业模式电子商务的兴起颠覆了传统的商业零售模式。消费者不再局限于实体店购物，而是可以通过网络平台 购买全球各地的商品。像亚马逊、阿里巴巴等电商巨头，不仅改变了人们的购物习惯，还催生了新型的物流、支付等配套产业。共享经济模式也是数字经济 的产物。以共享单车、共享汽车、共享办公空间等为代表，通过数字平台将闲置资源重新配置，提高了资源的利用率，同时也为消费者提供了更加灵活、便 捷和低成本的服务。（二）提升生产效率在工业生产中，数字技术的应用使得生产过程更加智能化。例如，通过工业互联网连接设备、生产线和企业，实现 生产数据的实时采集和分析，企业可以及时发现生产中的问题并进行优化调整，减少设备停机时间，提高生产效率。在农业领域，数字化的精准农业技术能 够根据不同地块的土壤、气候等条件，精准地进行播种、施肥、灌溉等操作，提高农作物的产量和质量，同时降低资源的浪费。（三）推动创新与创业数字 经济降低了创新与创业的门槛。借助云计算、开源软件等数字技术，创业者不需要大量的前期硬件投入就可以开展业务。例如，许多小型互联网企业利用云 服务提供商的计算资源，快速开发和部署应用程序。（四）优化资 ...

Investment Rating - The industry investment rating is "Overweight" [1] Core Views - The domestic storage giants, CXMT and YMTC, have both achieved quarterly revenues exceeding 1 billion USD in Q1 2025, marking a significant milestone in breaking the long-standing international monopoly in the storage market [3][12] - The global storage market is expected to reach a scale of 167 billion USD in 2024, with a projected growth of 12% for NAND Flash and 15% for DRAM Bit capacity in 2025, driven by the acceleration of AI server deployments and growth in consumer electronics [18][27] - CXMT is expected to increase its DRAM production capacity by nearly 50% this year, with market share projected to rise from 6% to 8% by year-end [4][20] Summary by Sections Market Performance Review - During the week of June 16 to June 20, 2025, the Shanghai Composite Index fell by 0.57%, while the Shenzhen Component Index and the ChiNext Index decreased by 0.46% and 0.88%, respectively. The semiconductor sector, represented by the Shenwan Electronics Index, saw a decline of 2.17% [3][29] - The best-performing sector was LED with a decline of 0.46%, while integrated circuit packaging and testing showed a weaker performance with a drop of 3.5% [29] Key Developments in the Industry - CXMT is transitioning its production from DDR4/LPDDR4 to DDR5/LPDDR5, with market shares for DDR5/LPDDR5 expected to rise from approximately 1% to 7% and 9%, respectively [20] - YMTC has successfully achieved mass production of 294-layer 3D NAND and is advancing towards 300-layer NAND development, enhancing its competitive edge in the global market [5][13] Company-Specific Insights - CXMT has become a leader in the domestic DRAM industry, with its production base in Hefei continuously increasing capacity and improving technology to align with international standards [12][19] - The successful emergence of CXMT and YMTC is expected to inspire other domestic storage companies, leading to technological upgrades and development across the entire industry [4][19]

Core Insights - The RCEP region is experiencing accelerated economic integration, with cross-border finance and digital trade becoming key growth engines for the global economy [1][3] - The demand for international talent with expertise in cross-border data compliance, digital marketing, and supply chain management is surging due to the explosive growth in digital trade and blockchain finance [3][5] Group 1: Digital Trade and Blockchain Finance - In 2021, RCEP member countries' digital trade exports reached $606.977 billion, a year-on-year increase of 14.84%, while the blockchain finance market is expected to exceed 200 billion RMB by 2025 [1] - The cross-border e-commerce import and export total for China is projected to surpass $369 billion, with Southeast Asia's e-commerce market expected to exceed $300 billion by 2025 [3] - The cross-border settlement scale based on blockchain is expected to exceed $1.2 trillion by 2026, with transaction fees reduced by 75% compared to traditional systems [3] Group 2: Talent Development and Educational Initiatives - The Capital University of Economics and Business (CUEB) International Undergraduate Program is implementing a "business + data science" dual-engine curriculum to meet industry needs [5] - The program collaborates with over 300 companies, providing students with internship opportunities and a direct pathway to employment, resulting in a job placement rate 6.2 times higher than ordinary institutions [6] - Graduates receive both domestic and overseas degrees, benefiting from various policy incentives that enhance their employability in multinational companies [7] Group 3: Global Career Pathways - The CUEB International Undergraduate Program offers a three-tiered training system that facilitates students' transition from local to global career opportunities [9] - The program includes an EAP academic English curriculum that allows students to bypass IELTS requirements for admission to top global universities [9] - The introduction of a transfer pathway to the University of Hong Kong enables students to convert 70% of their credits after completing their first year abroad, enhancing their academic progression [9]

Group 1 - The establishment of the Shandong branch of Zhongke Boai (Beijing) Health Technology Co., Ltd. in Jinan marks an important step in the company's national strategic layout and a commitment to the health sector in Qilu [2] - The company aims to provide high-quality and convenient health services by leveraging Shandong's cultural heritage and regional advantages, contributing to the "Healthy China" strategy [2] - The chairman, Cui Xiansheng, emphasizes the importance of mental health and plans to use professional knowledge to make significant contributions to society [2] Group 2 - The company has appointed experts from the Jinan Mental Health Association and Shandong Mental Health Center as advisory consultants, enhancing its professional capabilities [3] - Future plans include developing personalized health solutions based on local needs, increasing research investment, and integrating AI and big data with health services [3] - The company aims to build a health ecosystem in collaboration with local institutions, benefiting a wider community and supporting mental health initiatives in Qilu [3]

Industry Overview - Vaccines are essential biological products for preventing and controlling infectious diseases, representing a core defense in public health systems [1][5] - The Chinese vaccine industry is experiencing rapid growth, with the market size projected to increase from 306.22 billion yuan in 2015 to 1,762.19 billion yuan in 2024, and expected to exceed 300 billion yuan by 2031 [1][5] Industry Chain - The upstream of the vaccine industry includes raw material supply, such as microcarriers, human serum albumin, and packaging materials [3] - The midstream involves vaccine research and production, with key players including Sinopharm, Sinovac, CanSino, Zhifei, and Watson [3] - The downstream consists of vaccine distribution and consumption, reaching end consumers through health service centers and medical institutions [3] Current Industry Status - As of December 31, 2024, 47 companies in China have received vaccine batch approvals, totaling 543 million doses, with a decrease of 5.6% compared to 2023 [7] - The most approved vaccines in 2024 were influenza and rabies vaccines, each exceeding 80 million doses, accounting for 30% of total approvals [9] Market Competition - The Chinese vaccine market is characterized by a diverse competitive landscape, with local companies like Sinopharm and Zhifei rising against foreign giants like Merck and Pfizer [11] - Zhifei has achieved significant growth in international markets, with a 300% increase in exports of its WHO-precertified 23-valent pneumococcal polysaccharide vaccine [11] - Innovative companies like CanSino and Watson are making breakthroughs in mRNA and recombinant protein vaccines, enhancing their market presence [11][12] Future Trends - Technological innovation is driving the vaccine industry forward, with new platforms like mRNA and gene-engineered vaccines emerging [17] - The adult vaccine market is growing, with a 45% increase in HPV vaccine uptake in 2024, indicating a shift in public health awareness [18] - Chinese vaccine companies are expanding internationally, with over 2.5 billion doses of COVID-19 vaccines supplied abroad, focusing on markets in Africa and Southeast Asia [19]

Core Insights - The article highlights the significant advancements in rice breeding led by Qian Qian, a prominent figure in agricultural research, particularly in the development of a new ultra-dwarf rice variety named "Xiao Wei," which achieved a yield of 410 kg per mu in field trials [1][2]. Group 1: Research and Development Achievements - Qian Qian and his research team have dedicated over 40 years to decoding the "genetic code" of rice, leading to the creation of nearly 50 new varieties and over 50 patents [2]. - The team has published 343 SCI papers and developed a comprehensive framework for the scientific classification and resource utilization of wild rice species [2]. - The establishment of the world's largest and most robust wild rice germplasm resource protection platform is a key achievement, providing essential genetic resources for rice breeding [3]. Group 2: Technological Integration and Future Plans - The integration of traditional breeding methods with molecular biology and advanced technologies such as big data and artificial intelligence is transforming rice breeding into a more efficient and precise process [2]. - Plans for vertical farming techniques are underway, aiming to further increase rice yields by optimizing space utilization [1]. Group 3: Community Engagement and Recognition - Qian Qian actively collaborates with local communities to promote agricultural modernization and rural development through innovative projects [3]. - He has been recognized as a "National Model of Dedication and Contribution," underscoring his commitment to addressing global food security challenges [3].

从政策效能看，近年来我国密集出台数百项政策举措支持跨境电商发展，从税收优惠到海外仓建设，从 通关便利化改革持续推进到金融创新举措加快落地，一系列政策组合拳形成的"制度护城河"，为跨境电 商蓬勃发展注入强劲动能。 从技术创新看，不断迭代的人工智能技术、大数据开发利用等与跨境电商实现深度融合，催生了全托管 服务、智能选品等新模式。依托大数据精准分析，跨境电商前置仓模式可让欧美消费者仅用3天即可收 到货物，诸如这样的技术运用，正不断将"中国速度"推向全球。 我国跨境电商规模庞大，但未能摆脱"大而不强""低端锁定"的标签，物流、支付等基础设施仍存短板， 产业生态链上"断点"待补，未来仍需在自有品牌重塑、技术深水区创新、构建产业链供应链生态等方 面，锻造跨境电商"硬核"竞争力。 海关总署公布的数据显示，今年前5个月，我国货物贸易延续了平稳增长态势，同比增速2.5%在全球经 济增速放缓、美国关税政策频繁调整背景下，这一成绩来之不易，显现出我国外贸的较强韧性。这背 后，"新引擎"跨境电商功不可没。 跨境电商是近年来最具活力的外贸新模式新业态之一。2024年，我国跨境电商规模再创历史新高，全年 14%的增速高出同年货物贸易增 ...