Group 1 - The Guoqi Gongying ETF (159719) has seen a 0.40% increase, with a latest price of 1.52 yuan, and a cumulative increase of 2.64% over the past month as of June 5, 2025 [1] - The liquidity of the Guoqi Gongying ETF shows a turnover of 2% during the trading session, with a transaction volume of 2.23 million yuan, and an average daily transaction of 17.57 million yuan over the past year [1] - The Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index (931000) has decreased by 0.05%, with mixed performance among constituent stocks [1] Group 2 - The newly established Chengtong Science and Technology Investment Fund focuses on private equity investment management and venture capital management, with a total investment of 10.01 billion yuan [1] - The fund is a collaboration among China Chengtong, Sinopec, China Aviation Oil, and the Haidian District government, aiming to create a multi-faceted collaborative structure [2] - The fund will primarily invest in three core areas: new materials, advanced manufacturing, and next-generation information technology, utilizing a combination of equity investment and ecological incubation strategies [2] Group 3 - The Greater Bay Area ETF (512970) has increased by 0.34%, with a latest price of 1.20 yuan, and a cumulative increase of 3.29% over the past month as of June 5, 2025 [1] - The top ten weighted stocks in the Zhongzheng Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index account for 53.21% of the index, including major companies like BYD and Ping An [4] - The Guoqi Gongying ETF closely tracks the FTSE China State-Owned Enterprises Open Win Index, which consists of 100 constituent stocks, including major state-owned enterprises [4]

大家好，我是天弘基金祁世超。今天创业板收涨1.11%，和大家简单聊一聊，未来可能会主导市场的几 个新兴领域，希望大家对热门的科技领域有更多的了解，帮助大家更好的做投资！ 天弘中证人工智能(A类：011839，C类：011840)紧密跟踪中证人工智能主题指数，中证人工智能主题指 数选取为人工智能提供基础资源、技术以及应用支持的公司中选取代表性公司作为样本股，反映人工智 能主题公司的整体表现。 回顾过去3至5年创业板权重变化，医药行业权重从30%降至接近20%，新能源权重从2022年8月峰值超 40%回落至30%出头，而TMT领域权重呈上升趋势。结合政策导向和产业趋势，未来以下几个新兴领域 有望成为创业板的重要增量： **人工智能领域**：该领域发展迅速，产业变化日新月异。其中，AI国产算力有望在一两年内快速发 展。在美国限制AI芯片出口背景下，中国AI芯片产业链自主可控成为必然选择，目前相关产业链已具 备一定基础。2025年国内几大云厂商资本开支预计翻倍，将催化AI国产算力迎来发展机遇。AI应用方 面，随着大模型成本大幅下降，其下游应用在营收和成本端均受益。大模型参数压缩有助于端侧快速部 署，如AI耳机、AI眼 ...

Core Insights - The Chinese butterfly valve industry is projected to reach a market size of approximately 13 billion yuan in 2024, with a compound annual growth rate (CAGR) of 5.86% over the past three years [1][3]. Industry Overview - Butterfly valves are designed to control fluid flow through a rotating disc, making them suitable for quick opening and closing applications, as well as flow regulation [1]. - The industry is experiencing a shift towards high-quality development, integrating advanced control technologies and sensors for remote control, automatic adjustment, and fault diagnosis, enhancing precision and reliability [1]. Application Market - The primary downstream applications for butterfly valves in China include natural gas, electric power, chemical, and water treatment industries, with the chemical and electric power sectors holding the largest market share [3]. - In the chemical sector, butterfly valves are crucial for managing various corrosive, toxic, and flammable media, accounting for approximately 25%-30% of the application market [3]. Industry Competition - The market concentration in the Chinese butterfly valve industry is relatively low, with key players including global leaders like Emerson and Flowserve, as well as domestic companies such as Neway and Jiangsu Shentong [5]. - Emerson offers a range of butterfly valve products, including the KEYSTONE series, while Flowserve provides various types of valves, including lined butterfly valves and high-performance options [5]. - Jiangsu Shentong is recognized as a leading domestic manufacturer, with a diverse range of butterfly valves used across multiple sectors, including metallurgy, nuclear power, and oil and gas [5].

Core Insights - The "New Generation Information Technology Industry Investment and Financing Private Board Meeting" was successfully held in Beijing, aimed at creating an efficient capital connection platform for high-potential enterprises in the new generation information technology sector [1] - The event attracted nearly 100 professionals from state-owned enterprises, leading investment institutions, research platforms, and industry chain participants, focusing on topics such as the industrialization of technological achievements, precise capital matching, and local implementation models [1] Group 1: Opening Remarks and Keynote Speeches - The opening was hosted by Guo Haitao, Vice President of Beijing Specialized and Innovative Enterprises Chamber, who emphasized the importance of new generation information technology in reshaping the industrial chain, intelligent transformation, and global competition [5] - Li Likai, founder and managing partner of Yunyan Capital, delivered a keynote speech on "How to Invest in Industrial Changes and Technological Trends," analyzing how to discover real industrial value and create expected value based on his experiences at Sequoia Capital and the Zhongguancun investment system [7] Group 2: Project Presentations - Multiple companies in the new generation information technology sector presented their projects, covering various cutting-edge fields such as artificial intelligence, chip design, industrial software, smart IoT, large model foundations, data services, and smart photonics [7] - Xunfei Fantasy (Beijing) Technology Co., Ltd. focuses on the new consumption field of artificial intelligence, possessing core technologies in augmented reality perception interaction and cross-operating system platform native engines [8] - Beijing Chuangyuan Chengye Technology Co., Ltd. aims to bridge the gap from laboratory to mass production, providing services across various fields including smart cities and medical devices [9] - Beijing Weilian Daoai Technology Co., Ltd. has developed a revolutionary robotic vision platform that simplifies data annotation and model training processes [10] - Beijing Micro-Nano Bubble Technology Co., Ltd. has created a micro-nano bubble generator that significantly reduces energy consumption, addressing critical national issues [12] - Shenzhen Ailing Network Co., Ltd. is focused on industrial site computing network infrastructure and has a leading position in the rapidly growing private network market [13] - Yuandian Technology (Beijing) Co., Ltd. is a developer of virtual city software and hardware for the metaverse, with applications in various scenarios [14] - Huaxia Chip Smart Photonics Technology (Beijing) Co., Ltd. integrates the entire industry chain of optical chips and devices, showcasing strong R&D capabilities [16] - Xingzhi Intelligent (Beijing) Technology Co., Ltd. specializes in military equipment intelligent transformation applications based on large models and deep learning [17] Group 3: Thematic Discussions - Wang Zhibiao, founder of Beijing Jiuxing Zhiyuan Technology Co., Ltd., discussed the focus on companion robots and AI digital management systems, covering immersive entertainment platforms and digital museums [18] - Wang Xianhui, director of the National Industrial Internet Engineering Training Base, introduced the training base and explained how technology insurance policies can support the development of the information technology industry [19] - The event concluded with a detailed introduction of the "Industry-Finance No. 2025 High-Quality Innovation Industry Maritime Summit," aimed at addressing real growth challenges for enterprises and fostering deep integration between excellent industries and capital [21]

Core Points - The Guangxi government has issued the "2025 Work Points for Optimizing the Business Environment," outlining 28 key tasks and 154 specific actions to enhance the "Business Guangxi · Convenient in Gui" service brand [1] - The focus is on creating a fair, orderly, transparent, open, and efficient business environment, with 26 key initiatives planned for this year [1] Group 1 - Key initiative includes exploring the application of "land codes" for lifecycle management of planning and construction, aiming to reduce documentation and processing time through inter-departmental data sharing [2] - The industrial project approval process will shift to a phased acceptance model, allowing for earlier production and financing [2] - Remote virtual service windows will be established, utilizing technology for identity verification and interactive assistance [2] Group 2 - The government aims to enhance communication with enterprises and improve problem-solving capabilities by establishing a regular communication mechanism and involving a majority of private and small business representatives in policy-making [3] - The "immediate response" mechanism for business complaints will be improved, providing multiple channels for businesses to voice their issues [3] - A comprehensive reform and innovation mechanism for the business environment will be developed, promoting replicable and scalable best practices [3]

Core Viewpoint - Zhangjiang Hi-Tech (600895.SH) is focusing on industrial investment, participating in the Yuanhe Puhua Integrated Circuit Industry Fund with a commitment of 100 million yuan, which has a target size of approximately 2 billion yuan [1][2] Investment Activities - The Yuanhe Puhua Integrated Circuit Industry Fund aims to invest in the semiconductor core sectors and hard technology fields, particularly in developed regions like the Yangtze River Delta and the Pearl River Delta [2] - Zhangjiang Hi-Tech has been actively investing in various sectors, including a 200 million yuan investment in the high-end electric vehicle brand Zhiji Auto and participation in the EDA Innovation Center [3] Financial Performance - In Q1 2025, Zhangjiang Hi-Tech reported a revenue of 1.219 billion yuan, a year-on-year increase of 24.41%, and a net profit of 294 million yuan, up 147.38% year-on-year [8] - The company achieved an investment income of 236 million yuan in Q1 2025, a significant increase of 333.74% year-on-year, accounting for 80% of the net profit for the period [5][8] Investment Scale and Focus - As of the end of 2024, Zhangjiang Hi-Tech's cumulative investment scale exceeded 9.5 billion yuan, with 56 direct investment projects and 30 fund participations [4] - The company primarily invests in integrated circuits (28% of total investments), biomedicine and medical devices (20%), and new energy vehicles (35%) [4] Operational Efficiency - Zhangjiang Hi-Tech has demonstrated effective cost control, with total operating expenses in Q1 2025 amounting to 155 million yuan, representing 12.69% of revenue, a decrease of 2.54 percentage points compared to the previous year [8] - The company maintains a stable dividend policy, having distributed cash dividends 25 times, totaling 4.706 billion yuan [8]

Core Viewpoint - Qingdao aims to prioritize the development of next-generation information technology and artificial intelligence as leading industries, while also advancing future industries such as terahertz and marine electronic information [1] Group 1: Industry Development Focus - The "Digital Qingdao 2025 Action Plan" emphasizes the construction of a tiered cultivation track in the digital industry, focusing on a "10+1" innovative industrial layout [1] - Key industries targeted for breakthrough development include intelligent connected new energy vehicles and low-altitude economy [1] - The plan aims to enhance the quality of development in advantageous industries such as smart home appliances [1] Group 2: Support for Emerging Sectors - The government supports the establishment of provincial digital economy industrial clusters in high-end software and artificial intelligence [1] - There is a goal to cultivate no less than 300 specialized and innovative small and medium-sized enterprises in the digital economy sector [1] - The plan encourages the improvement of research and development capabilities in basic and industrial software, aiming for recognition among the national software top 100 [1]

南都讯记者蒋小天发自北京5月12日，公安部举行专题新闻发布会，通报第12届中国国际警用装备博览 会(以下简称警博会)有关情况。南都记者现场获悉，本届警博会将于5月14日至17日在京举办，展览会 场位于首钢国际会展中心，设置公安机关装备馆、国内企业馆、国际企业馆和装备需求对接区、新产品 新技术发布区，展览总面积约6.4万平方米，规模创历史新高。 今年的警博会主题为"新技术、新装备、新质战斗力"，与往年相比，将有哪些亮点和特色？发布会现 场，公安部装备财务局局长、第12届警博会组委会常务副主任闫飞回应南都记者提问。她介绍，本届警 博会将有四个显著特点。一是展示前沿技术。本届警博会充分反映新一代信息技术、人工智能、新材料 等前沿技术和先进装备发展成果。例如，在人工智能领域将看到具备智能分析、自主决策能力的警用机 器人，能在复杂环境中执行巡逻、侦察等任务；同时将展出新型轻量化、高强度的防护装备，提升执法 人员的安全性和机动性。二是突出专业应用。警博会按照业务职能区域设置展示模块，在展会现场将看 到模拟的执法场景，如治安巡逻、应急救援等，参展企业将现场演示各类装备在实际业务中的应用，让 观众更加直观地了解装备的性能和使 ...

江苏协和电子股份有限公司 为保障江苏协和电子股份有限公司（以下简称"公司"）全体股东的合法权 益，维护股东大会的正常秩序，保证股东大会的议事效率，确保本次股东大会如 期、顺利召开，根据《中华人民共和国公司法》、 江苏协和电子股份有限公司 股票代码： SH605258 江苏协和电子股份有限公司 会议资料 二零二五年五月 江苏协和电子股份有限公司 股票代码： SH605258 江苏协和电子股份有限公司 股票代码： SH605258 《江苏协和电子股份有限公司章 程》、 《江苏协和电子股份有限公司股东大会议事规则》及中国证监会、上海证券 交易所的有关规定，特制定本须知。 一、股东大会设会务组，由公司董事会秘书负责会议的程序安排和会务工作。 二、为保证股东大会的严肃性和正常秩序，切实维护与会股东及股东代理人 的合法权益，除出席会议的股东及股东代理人、公司董事、监事、高级管理人员、 见证律师及董事会邀请的人员外，公司有权依法拒绝其他人员进入会场。 三、出席现场会议的股东及股东代理人须在会议召开前半小时到达会议现场 办理签到手续，并请按规定出示证券账户卡、身份证明文件或营业执照/注册证 书复印件（加盖公章）、授权委托书以 ...

服务消费与商品消费最显著的区别在于无形性，其生产与消费同时发生、不可分离，这意味着体验感是 影响服务消费的重要因素，更意味着扩大服务消费要从供需两端同时发力，以消费者为中心，提升供需 适配度。 今年"五一"假期，消费市场热力十足。5天假期，全社会跨区域人员流动量14.66亿人次，同比增长 7.9%。全国国内出游3.14亿人次，同比增长6.4%；国内游客出游总花费1802.69亿元，同比增长8%。以 文旅消费为代表的服务消费持续升温，映照出我国消费扩容提质的广阔空间。 服务消费与商品消费最显著的区别在于无形性，其生产与消费同时发生、不可分离，这意味着体验感是 影响服务消费的重要因素，更意味着扩大服务消费要从供需两端同时发力，以消费者为中心，提升供需 适配度。 扩大优质服务供给。高品质服务供给不足，是当前制约服务消费发展的主要矛盾。要顺应居民消费结构 升级趋势，改革、开放、创新齐头并进，增加高品质服务供给。深化重点领域和关键环节改革，扩大服 务业对外开放，鼓励更多民间资本和外资进入服务领域，在创新发展中更好满足消费需求。还有一类供 给不容忽视，那就是"时间"供给。"有钱"和"有闲"是扩大服务消费的基础，既要千方百 ...