三星S25系列即将掀起一轮AI戒断反应。 在科技浪潮奔涌不息的当下，AI正以破竹之势重塑我们的生活，尤其是在智能手机领域掀起了一场深刻革命。 回首AI手机元年2024，各大厂商纷纷入局，竞争激烈程度可见一斑。而三星凭借率先推出的Galaxy AI及在Galaxy S24系列上的应用，抢占了先发优势。 如今，三星再度发力，全新S25系列重磅登场。这款手机不仅继承了三星在AI领域的创新基因，更在交互体验、移动影像等多个维度实现了质的飞跃，它 将如何引领我们迈向AI时代，开启全新的生活方式？ 更简单、更高效、更安全的AI 相较于上一代S24系列而言，今年的三星S25系列在AI方面更是全面化、本地化。 通过搭载骁龙8至尊版移动平台（for Galaxy），三星S25系列以定制化芯片来强化算力，为AI全面化打造了一个坚实的技术底座。 从生产力工具的革新，到移动影像的突破，再到超拟人化的AI交互体验，三星S25系列如何让AI以润物细无声的方式，渗透到我们的生活当中？ 首先，Galaxy AI此次在三星S25系列上带来的最大革新，就是Bixby的多模态感知能力。 相较于语音识别和屏幕触控这些传统交互，拥有多模态感知能力的B ...

点击注册小程序 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相 关人员为光大证券的客户。 内部整合+智能化转型加速，三大品牌共同开启全新车型周期 2025/2/14极氪正式完成对领克的股权交割，极氪科技集团正式成立，合并后上市公司对极氪持股比例增至 62.8%、对领克持股比例增至约81%。管理层指引，2025E上市公司将推出10款全新产品及多款改款。我们 判断，1）内部整合逐步生效：领克与极氪整合后通过内部技术+渠道资源协同，预计公司研发/生产/管理 等多方面将实现效能提升。2）智能化加速转型：2025年吉利计划全面完成包括大算力+大模型+大数据在 内的"智能吉利2025"战略布局，并与千里科技、阶跃星辰合作构建全域生态；预计"千里浩瀚"智能架构陆 续搭载燃油+新能源新车型、叠加公司已通过FlymeAuto智舱建立的智能化优势，公司将巩固 ...

点击注册小程序 查看完整报告 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客 户，用作新媒体形势下研究信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿 订阅、接收或使用本订阅号中的任何信息。本订阅号难以设置访问权限，若给您造成不便， 敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相关人员为光大 证券的客户。 光大研究一周热榜，精选"光溯" 小程序本周阅读量前十研报。 No.1 听光的声音/洞悉光的观察/了解光的态度 工业气体行业行稳致远，电子特气国产替代浪潮 已至一一工业气体行业系列报告 胡星月,赵乃迪 行业深度 2025-03-18 我国工业气体行业发展迅速，市场规模持续扩容,我们看好具 有一定营收规模，且拥有稳健现金流的工业气体企业。与此同 时，在电子特气国产化浪潮的推动下，我们也持续关注这些工 业气体企业进军电子特气领域后其产品研发及导入进度，以及 相关新增产能的落地进展。我们看好工业气体行业的领先公司 以及专注电子特气领域布局的相关公司，重点推荐华特气体、 吴华科技、中船特气、金宏气体、雅克科... 长按识别小程序码进入 光大证券 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - AI large models have become a crucial component of new productive forces, significantly enhancing production efficiency, optimizing resource allocation, and reducing production costs, thereby supporting high-quality development for enterprises [3][4]. - The financial industry is leading in the research and application of AI large models, with investments projected to reach 19.694 billion yuan in 2024 and 41.548 billion yuan by 2027, marking a growth of 111% [4][25]. - The application of AI large models in the financial sector faces unique challenges, including high demands for data quality, inference accuracy, and compliance with regulatory standards [4][26]. Summary by Sections Chapter 1: Overview of AI Large Model Development - AI large models are integral to the new productive forces, driving significant advancements in digital transformation across various sectors [12]. - Major global regions, including the US, China, Japan, and the EU, are intensifying their efforts in AI large model innovation and application [13][15]. Chapter 2: Focus on the Financial Industry - The financial sector is at the forefront of AI large model investment and application, with a focus on enhancing operational efficiency and compliance [4][25]. - Financial institutions face higher requirements for data governance, model governance, and compliance applications compared to other sectors [26][27]. Chapter 3: Progress in Implementation - The application of generative AI in the financial industry is progressing from simple to complex scenarios, with key areas including payment clearing, intelligent investment research, and fraud monitoring [6][39]. - Financial institutions are advised to adopt a phased approach in selecting and implementing AI applications, focusing on internal operations before expanding to customer-facing services [58]. Chapter 4: Application Paths and Key Capabilities - Financial institutions can choose different paths for implementing AI large models based on their strategic goals, business needs, and resource capabilities [71]. - The report emphasizes the importance of building a robust data value chain management system to ensure high-quality data for AI applications [7].

在AI技术飞速发展的当下，一场关于智能体应用的"风暴"正在悄然酝酿。Browser Use， 这个原本不太起眼的工具，却在最近一周成为了科技圈的焦点。根据最新消息，其日下载量 从3月3日的约5000次飙升至3月10日的28000次，增长超过五倍，这一惊人的增长背后， 究竟隐藏着怎样的故事？ Browser Use的崛起 Browser Use的初衷是 为智能体应用程序提供更便捷的网站访问方式。 它能够 提取网站元素 ，如按钮、小部件等，让AI模型轻松交互，还能管理多个浏览器标 签页，设置保存文件、执行数据库操作等动作，处理鼠标和键盘输入也不在话下。 Browser Use公司的 托管计划是 收费 的，但 免费自托管版本 的存在，为其赢得了大量 用户。 尤其是在Manus发布后，这个免费版本迅速走红。 共同开发者格雷戈尔・祖尼克表示：" 过去几天的情况真的太疯狂了。我们成了GitHub上 最热门的代码库，获得了大量下载量，而且这些下载量确实转化为了很高的实际使用量。 " Manus引发的"蝴蝶效应" Browser Use的爆发式增长，与Manus在外网社交平台上的一篇帖子密不可分。 这篇关于Manus如何利用 ...

证券研究报告 行业研究 / 行业点评 2025 年 03 月 10 日 行业及产业 电子 强于大市 投资要点： 一年内行业指数与沪深 300 指数对比走势： 资料来源：聚源数据，爱建证券研究所 相关研究 《爱建证券电子行业周报(0222-0228) : DeepSeek 开源周发布五大技术》2025/03/03 《爱建证券电子行业周报(0215-0221) : 全球 最新 AI 模型 GroK - 3 发布》2025/02/24 《人工智能专题报告（1）：适合投资人的 DeepSeek 分析报告》2025/02/20 许亮 S0820525010002 0755-83562506 ——爱建证券电子行业周报 请仔细阅读在本报告尾部的重要法律声明 开源RISC-V芯片有望获得政策推广 xuliang@ajzq.com 本周（20250301-20250307）电子行业涨跌幅为（+2.7 %），涨跌幅排名 9/31 位。SW 电 子三级行业涨跌幅榜靠前的分别是：模拟芯片设计（+5.2 %），数字芯片设计（+5.2 %）， 半导体设备（+4.9 %），光学元件（+4.8 %），电子化学品Ⅲ（+4.7 %）。本周申万一 ...

在人形机器人、AI智能硬件、电动车需求趋势火爆之际，头部公募基金公司另辟蹊径，选择在"卖铲子"领 域进行举牌操作。 东岳集团在2024年中期业绩报告中披露，截至2024年6月30日，集团实现营业总收入72.6亿元，同比增长 0.87%。净利润达到3.08亿元，同比增长8.38%，毛利率为19.83%。中国市场贡献了84.84%的收入，而国际市 场中，巴基斯坦、越南、尼日利亚、土耳其的收入占比分别为0.34%、0.36%、0.36%、0.48%。在地区分布 上，西亚中东地区的主要客户为阿联酋，收入占比为1.20%；美洲市场的核心客户为美国，收入占比为 1.47%；日本和韩国的收入占比分别为2.19%和2.35%；欧洲的收入占比为2.70%。 香港联交所最新交易信息显示，易方达公司日前在港股市场增持新材料龙头——东岳集团，后者为全球最大的 PTFE材料供应商，由于PTFE材料相比之前人形机器人所使用的PEEK材料，具有更低的成本和更高的性能， 因此被视为推动人形机器人赛道实现大规模量产的关键替代材料。 易方达基金此次南下举牌PTFE材料供应商，或是通过"卖铲子"的逻辑来规避机器人赛道拥挤问题，与此同 时，部分专注 ...

Group 1: Industry Trends - The technology sector remains highly active in the capital market, with the government report for 2025 emphasizing the establishment of a growth mechanism for future industries, including biomanufacturing, quantum technology, embodied intelligence, and 6G [1] - The release of the first general AI agent, Manus, has further ignited enthusiasm in the capital market, particularly for humanoid robots, AI agents, and 6G concept stocks [2] Group 2: Company Performance - Zhenyu Technology has seen a significant stock price increase of 149% year-to-date, while Meili Technology has risen by 136.5%, with Meili's stock surging 53.6% since March [2] - As of March 7, Zhenyu Technology's stock closed at 173.41 CNY per share, marking a 20% increase [3] - On March 7, Zhenyu Technology's institutional investors net sold 181 million CNY, while northbound funds net bought 37.06 million CNY [4] - Meili Technology announced that its stock experienced a cumulative price deviation exceeding 30% over three consecutive trading days, indicating abnormal trading activity [5] Group 3: Institutional Activity - Institutional investors showed significant trading activity in humanoid robot stocks, with three institutions collectively buying 220 million CNY and selling 214 million CNY, resulting in a small net purchase [8] - Three-dimensional communication stocks have gained attention following their mention in the government report, with a 15.32% increase in March [8] - On March 7, three-dimensional communication stocks saw a 4.53% decline, with a trading turnover rate of 44.50% [9] Group 4: AI Agent Market - The AI agent market is gaining traction, with the launch of Manus generating significant interest, and discussions at the National People's Congress highlighting the importance of AI agents in various industries [11] - Newcap and Kute Intelligent have also seen substantial stock price increases, with Newcap rising 50.9% in March [12] - Kute Intelligent's stock increased by 11.10% on March 7, with a trading volume of 3.195 billion CNY and a turnover rate of 61.88% [14]

Key Points - The article discusses various important news and updates related to the investment landscape, including new stock offerings, economic data, and government policies affecting trade and real estate [2][4][5][6][7][8][11][12][19][20]. Group 1: New Stock Offerings - Jiangnan New Materials has a new stock offering with a subscription code of 732124 and an issue price of 10.54 yuan per share, with a subscription limit of 11,500 shares [2]. Group 2: Trade Policies - The State Council Tariff Commission announced that Canada will impose a 100% tariff on Chinese electric vehicles starting October 1, 2024, and a 25% tariff on Chinese steel and aluminum products starting October 22, 2024. In response, China will impose tariffs on Canadian canola oil, oilseed meal, and peas starting March 20, 2025, and a 25% tariff on Canadian seafood and pork [4]. Group 3: Economic Data - In February 2025, China's consumer price index (CPI) decreased by 0.7% year-on-year, with food and tobacco prices down by 1.9%, contributing to a 0.54 percentage point decline in CPI. The producer price index (PPI) also saw a year-on-year decrease of 2.2% [5]. Group 4: Real Estate and Urban Development - The Minister of Housing and Urban-Rural Development stated that all old residential areas built before 2000 will be included in urban renewal projects, with a focus on improving living conditions and community facilities [6][7]. Group 5: Corporate Announcements - Dongpeng Beverage reported a 63% increase in net profit for 2024, reaching 3.327 billion yuan, and plans to distribute a cash dividend of 2.5 yuan per share [11]. - Guomai Technology announced that its AI-related technologies have not yet generated commercial revenue, and the company is still in the prototype development stage [13]. - Warner Pharmaceutical plans to invest up to 500 million yuan in a new green manufacturing base for high-end raw materials and intermediates [18]. - Nuo Cheng Jianhua presented significant clinical trial results for its treatment of psoriasis at the AAD annual meeting, showing promising efficacy and safety [19].

而在Ma n u s发布早期预览版产品的后一天，国内Me t aGPT和CAMEL AI两个Ag e n t团队就火 速推出了Ma n u s的开源复刻版。 Me t aGPT 团 队 相 关 技 术 人 士 向 记 者 给 予 了 对 Ma n u s 产 品 能 力 的 中 肯 评 价 ， 并 详 细 分 析 了 Ma n u s产品的能力和运行机制。 其认为虽然Manus能提供相当不错的产品体验，但并未在智 能体领域取得技术上的突破性进展，其核心逻辑属于业内共识 。 不少产业人士认为，在M a n u s凭借现有先进模型能力与其智能体框架，实现良好的产 品力之时，头部模型厂商和科技巨头也在向A I智能体领域大力进军。面对它们强大的 模型能力，以及当前技术层面已经在显露的重要进展，M a n u s的市场机会可能并不会 很大，先发优势很容易被抹平。 Ma n u s自称全球第一个通用AI智能体，性能超过Op e nAI的De e p Re s e a r c h，能够解决各类复 杂的任务，且能在云端自行执行。 一时间，一片盛赞之声发出，称其是"智能体的Ch a tGPT时刻"，但也有人质疑这是一场营销 和 ...