流动性方面，数据ETF盘中换手3.13%，成交1318.82万元。拉长时间看，截至5月8日，数据ETF近1周日 均成交2736.56万元。 份额方面，数据ETF近1年份额增长2.46亿份，实现显著增长，新增份额位居可比基金第一。 万联证券指出，随着算力需求从训练侧向推理侧的转移趋势，也将进一步加速 AI 大模型的应用场景落 地。国内头部云厂商及三大运营商最新披露的资本开支规划显示，国内的智算需求仍将持续上行。例如 中国移动在2025年算力领域计划投资373亿元，其中智算规模（FP16）预计超34EFLOPS，且对推理资 源投资 "不设上限"；中国联通则计划2025年固定资产投资达550亿元，算力投资同比增长28%，均强调 算力资源将重点支持预训练模型及推理场景需求，以响应市场对智能化服务的爆发式增长。 截至5月9日收盘，中证大数据产业指数（930902）下跌2.24%。成分股方面，东华软件领跌6.16%，*ST 东通下跌5.73%，盛视科技下跌5.12%，易点天下下跌5.06%，云天励飞下跌3.9%。数据ETF（516000） 下跌2.1%，最新报价0.93元。拉长时间看，截至2025年5月8日，数据ETF近 ...

Core Viewpoint - The eighth New Fortune Best Investment Advisor Selection has attracted a record number of participants, with 39,893 qualified advisors from 90 securities firms, marking a significant increase in engagement within the industry [1][3]. Group 1: Participation Statistics - A total of 40,350 professionals registered for the competition, with 39,893 meeting the eligibility criteria, setting a new record for participation [1]. - Eleven securities firms had over 1,000 advisors participating, with GF Securities leading at 4,385 participants, followed by China Galaxy Securities and CITIC Securities with 3,860 and 3,477 respectively [3][5]. - The top 10 firms accounted for 25,913 participants, representing 65% of the total [3][5]. Group 2: Regional Distribution - Participants came from 31 regions across China, with Guangdong, Shanghai, Shandong, Zhejiang, and Beijing contributing the highest numbers, totaling 6,192, 2,942, 2,608, 2,537, and 2,401 respectively, which together account for 41.81% of the total [14]. - The advisors were distributed across 325 cities, with the top 20 cities contributing 19,848 participants, or 49.75% of the total [14]. Group 3: Evaluation Phases - The evaluation process consists of two main phases: the first phase, "Investment Management Capability Evaluation," runs from May 1 to October 31, 2025, focusing on stock trading and ETF groups [16][17]. - The second phase, "Service Capability Evaluation," will commence in November, with final results to be announced by the end of December 2025 [17]. Group 4: Technological Integration - The competition will utilize the Go-Goal platform, which includes an AI-driven tool called "Xiao Er Q&A" to assist advisors in their investment strategies, particularly in ETF selection and configuration [19]. - The focus on ETFs has increased due to the removal of the public fund allocation group, indicating a shift in investment strategies within the advisory community [19].

B.Duck Semk Holdings International Limited 小黃鴨德盈控股國際有限公司 （於開曼群島註冊成立的有限公司） （股份代號︰2250） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，幷明確表示概不就因本公告全部或 任何部分內容而産生或因倚賴該等內容而引致之任何損失承擔任何責任。 代表董事會 小黃鴨德盈控股國際有限公司 董事會主席兼執行董事 許夏林 香港，2025 年 5 月 9 日 自願性公告 ─ 發展 AI 大模型智能産品業務 本公告乃小黃鴨德盈控股國際有限公司（「本公司」，連同其附屬公司，「本集 團」）自願作出，以使其股東及潛在投資者了解本集團的最新業務發展。 本公司董事（「董事」）會（「董事會」）欣然宣布，於 2025 年 4 月 28 日，本 公司之全資附屬公司德盈商貿（深圳）有限公司與馬克數創（深圳）文化發展有 限公司、賈珂先生及呂行遠先生簽訂了合資協議及其補充協議（統稱「合資協議」）。 根據合資協議，本集團將以現金出資人民幣 275 萬元，與合資協議其他各方成立 合資公司（「合資公司」），專注於開發 ...

Core Viewpoint - SMIC's Q1 financial report shows significant growth in the semiconductor industry, with revenue of 16.301 billion yuan, a nearly 30% year-on-year increase, and a net profit of 1.356 billion yuan, up 166.5% [1] Group 1: Industry Growth Drivers - The growth is driven by the demand for computing chips fueled by AI models and data centers, alongside the expansion of domestic fabs and OSAT factories [3] - The consumer electronics market is gradually improving, leading to a surge in sales for equipment and materials companies [3] - According to the Japan Semiconductor Manufacturing Equipment Association, China's semiconductor equipment sales are projected to reach $49.54 billion in 2024, a 35.37% increase, significantly higher than the global average [3] Group 2: Domestic Market Dynamics - The trend of domestic substitution is accelerating, with local companies gaining market share in equipment and materials [3] - North China Innovation's etching and deposition equipment have over 30% market share in domestic wafer fabs, while the shipment of etching equipment from Zhongwei Company surged by 40% [3] - Domestic suppliers like Anji Technology and Hushi Silicon Industry are now able to provide previously restricted products in bulk to leading companies like SMIC [3] Group 3: Impact of External Factors - Recent news indicates potential easing of AI chip export restrictions by the U.S., but this is seen as a strategic move to maintain technological dominance [4] - The increased tariffs on U.S. manufacturers provide price advantages to domestic foundries like SMIC and Huahong [4] - Morgan Stanley predicts that by 2027, China's self-sufficiency rate for AI GPUs could reach 82%, indicating that external pressures may accelerate domestic substitution [4] Group 4: Investment Opportunities - The semiconductor equipment ETF (SH561980) focuses on the materials and equipment sectors, which are expected to benefit from the expansion of domestic wafer fabs [5] - The ETF has a 70% weight in materials and equipment, with top holdings in North China Innovation (17%), Zhongwei Company (13%), and SMIC (10%) [5] - Despite current adjustments in the semiconductor equipment sector, the long-term outlook remains positive due to ongoing demand for AI computing and the growth of automotive electronics [7]

上海市大数据股份有限公司副总裁姚震表示，数据基础设施要高效联通、数据资源和规模要加快提升， 最终都需要推动数据要素价值的有效释放，而数据只有在流通中才能发挥价值。在他看来，当前，数据 流通还存在诸多问题，包括供给方对数据要素价值的认知不够充分且缺乏可信合规的持续输出渠道、数 据的需求方很难匹配到符合业务场景的数据等。 上海财经大学上海国际金融中心研究院金融科技首席专家张立文表示，金融机构已经无法单靠"人力 +经验"应对未来10年的挑战，而是需要更智能、更结构化的方式面对复杂的变化，"AI大模型已从工具 变成了伙伴"。 活动现场还宣布成立"黄浦区数据要素产业生态发展联盟"，首批成员包括德勤中国、逐鹿信息、网科鸿 欣等企业。联盟旨在搭建开放共享的产业协作网络，推动数据要素在细分领域的互补合作，探索数据流 通的新模式与新路径。联盟的成立标志着黄浦区数据要素产业生态迈入新阶段，将为区域数字经济发展 注入强劲数据动能。 5月8日，在上海黄浦区举办的2025年"数据要素×"大赛上海分赛金融服务赛道宣贯大会上，上海金融数 据创新实验室正式揭牌。该实验室由黄浦区数据局与上海数据集团共建，将以金融领域公共数据开发利 用为重点， ...

5、公司是否有基于大模型做一些应用到产品端的？ 证券代码：002835 证券简称：同为股份 深圳市同为数码科技股份有限公司 投资者关系活动记录表 编号：2025-001 | 投资者关系 | □特定对象调研 □分析师会议 □现场参观 | | --- | --- | | 活动类别 | □媒体采访  业绩说明会 □路演活动 | | | □新闻发布会 □其他 （请文字说明其他活动内容） | | 参与单位名称 | 参与公司 2024 年度网上业绩说明会的投资者 | | 及人员姓名 | | | 时间 | 2025 年 5 月 8 日 | | 地点 | 全景网"投资者关系互动平台"（http://ir.p5w.net） | | 上市公司接待 | 郭立志：董事长、总经理 | | 人员姓名 | 刘杰：财务总监、董事会秘书 | | | 杨春祥：独立董事 | | | 杨晗鹏：副总经理 | | | 公司于 2025 年 5 月 8 日（星期四）15:00-17:00 在全景网举办了 2024 年年度业绩说 | | | 明会，本次业绩说明会采用网络远程的方式举行，相关问题及回复情况如下： | | | 1、郭总，你好，公司很大的业务在 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [9] Core Insights - The company experienced significant revenue and profit growth due to increased demand for 800G products from major clients, with a revenue of 8.65 billion yuan in 2024, representing a year-on-year increase of 179%, and a net profit of 2.84 billion yuan, up 312% year-on-year [6][12] - The gross margin improved significantly, reaching 48.2% in Q4 2024 and 48.7% in Q1 2025, with net profit margins of 33.9% and 38.8% respectively [12][12] - The company is expanding its production capacity overseas, particularly in Thailand, which is expected to mitigate tariff impacts and enhance its market presence [12][12] - Research and development investments are growing rapidly, with a focus on new technology solutions, including 1.6T optical modules and high-speed AEC cable modules [12][12] Summary by Sections Revenue and Profit Growth - In Q1 2025, the company achieved a revenue of 4.05 billion yuan, a year-on-year increase of 264% and a quarter-on-quarter increase of 15% [6][12] - The net profit for Q1 2025 was 1.57 billion yuan, reflecting a year-on-year growth of 385% and a quarter-on-quarter growth of 32% [6][12] Margin Improvement - The gross margin for Q4 2024 and Q1 2025 was 48.2% and 48.7%, respectively, showing a year-on-year increase of 11.4 percentage points and 6.7 percentage points [12][12] - The net profit margin also improved, reaching 33.9% in Q4 2024 and 38.8% in Q1 2025 [12][12] Production Capacity and Tariff Impact - The company has commenced production at its first factory in Thailand, with the second phase expected to start in March 2025 [12][12] - Revenue from the Thailand subsidiary was approximately 1.2 billion USD for the first nine months of 2024, accounting for about 6% of total revenue [12][12] Research and Development - R&D expenditure reached 403 million yuan in 2024, accounting for 4.66% of revenue, an increase from the previous year [12][12] - The number of R&D personnel grew by 65.75% to 605 [12][12] Profit Forecast - The projected net profits for 2024, 2025, and 2026 are 6.55 billion yuan, 7.97 billion yuan, and 9.11 billion yuan, respectively, with corresponding year-on-year growth rates of 131%, 22%, and 14% [12][12]

金属结构件细分领域众多，特别是汽车零部件，不同公司主营业务 产品结构并不一致，公司主营业务包括了汽车模具、汽车车身结构件、 动力电池箱体、光伏储能设备、通信服务器等产品。 就汽车领域，2024 年中国汽车行业保持高质量发展，汽车产销分别完成 3,128.2 万辆和 3,143.6 万辆，同比增长 3.7%和 4.5%，连续两年突破 3,000 万辆大关， 新能源汽车表现尤为亮眼，市场渗透率超过 40%，标志着产业进入规模 化发展新阶段。公司 2024 年汽车零部件全年营收 50.02 亿元，占比 74.18%，同比增长 12.86%。其次是，2024 年中国汽车出口量达到 585.9 万辆，同比增长 19.3%，汽车出口再创新高。2024 年公司海外市场营收 6.29 亿元，同比增长 12.89%，墨西哥子公司营收高速增长，全球化布局 成效初显。 2024 年全国光伏新增装机 2.78 亿千瓦，同比增长 28%，其 中集中式光伏 1.59 亿千瓦，分布式光伏 1.18 亿千瓦。2024 年公司光储 设备营收 12.17 亿元，占比 18.04%，同比增长 123%，成为第二大增长 引擎。通信及服务器等产品的营 ...

新浪科技讯 5月8日下午消息，汉王N10手写电纸本迎来改款升级——N10二代发布上市，融入自研AI助 手，售价2499元。 N10二代采用八核处理器和极速快刷技术，算力和屏幕刷新速度提升22%和24%；处理器也提供最新一 代NPU，具备6TOPS的AI原生算力，支持各种AI算法高速运行；升级Android 14操作系统，在性能、电 池、数据隐私、安全性以及兼容性等方面进行提升。 减屏层设计在N10二代上得以延续，屏层厚度减少31%，透光性成倍增加，显示对比度也提升21%。得 益于减屏层设计，N10二代在升级为6500mAh电池后，整机厚度控制到5.5mm；N10二代标配数字式B6 无线无源电磁笔，支持笔尾橡皮擦功能；延续了经典的9键实体按键设计，同时也新增了可自定义的灵 动条设计，可更便捷地完成直达笔记、精选书城、第三方应用等操作。 在大模型能力层面，N10二代内置AI助手，搭载汉王自研的天地大模型，优化了对话、写作、会议纪 要、精准检索等AI agent智能体验；接入DeepSeek满血版R1和V3模型并支持联网搜索，还接入了通义千 问-QWQ-32B推理模型；N10二代升级为四麦克风阵列，借助自研的智能语 ...

Group 1 - The core viewpoint is that the demand for magnetic levitation compressors in China's data centers is expected to double in the next three years, driven by the growth of the digital economy and energy efficiency initiatives [2][3] - The magnetic levitation chiller units are gaining attention for their high energy efficiency, with a current penetration rate of less than 1% in large buildings in China, indicating significant market potential for energy-saving devices [3] - The peak efficiency of magnetic levitation centrifugal chillers can reach a COP of 12 under partial load conditions, offering a 35% higher energy savings compared to traditional chillers, making them a viable alternative as energy consumption and environmental protection needs increase [3] Group 2 - The rapid growth in AI model training and inference is driving a sustained increase in computing power demand, leading to a dual-driven pattern in the HVAC industry with traditional air cooling and accelerated penetration of liquid cooling technologies [4] - The construction of new data centers is leading to stricter PUE requirements, making more energy-efficient solutions like indirect evaporative cooling and refrigerant pumps mainstream within air cooling options [4] - A supply-demand gap for core cooling equipment, particularly compressors, is expected to emerge in the next 2-3 years due to the surge in data center construction and the lag in capacity expansion from major manufacturers [4]