证券日报网讯 12月12日，碧水源在互动平台回答投资者提问时表示，公司转型以来膜技术实现了核心 原材料自主化，实现进口替代，应用于污水资源化、高品质饮用水、海水淡化、盐湖提锂以及工业零排 放等五大领域，目前正在向工业资源再生利用、海水资源综合利用、医药膜、新材料等战新领域进一步 深化探索，也在积极向智能化、自动化、低碳化等方向发展。目前新赛道产业营收占公司整体营收比重 较小，公司仍需要时间去开拓相应市场。关于公司相关发展情况，可关注公司发布的定期报告以及公司 官方网站、公众号等相关内容。 （编辑 丛可心） ...

Core Insights - Shenzhou Car Rental, a leading domestic car rental service platform, celebrates its 18th anniversary, marking its role as a pioneer and leader in China's car rental industry [1] - The company has witnessed and driven explosive growth in the Chinese car rental market since its establishment in 2007, actively participating in the evolution of industry standards [1] - In 2025, Shenzhou Car Rental launched L4 autonomous driving system-equipped electric vehicles in Hainan, integrating autonomous driving technology with tourism scenarios [1] - The company emphasizes a deepening strategy in new energy, increasing the proportion of new energy vehicles in its fleet, and collaborating with 34 brands to introduce popular models [1] Competitive Advantages - Shenzhou Car Rental has established a solid competitive barrier with a fully direct sales network, a diverse range of vehicle models, a user base of over 1 billion, and a comprehensive ecological layout [2] - The company operates over 6,500 service outlets across more than 360 cities, ensuring users can access services conveniently [2] - The fleet consists of 200,000 vehicles, covering over 260 models from economy to luxury, catering to diverse rental needs [2] - The company has served 180 million high-value users primarily in first- and second-tier cities, providing a natural market for new energy and smart travel products [2] Industry Outlook - The Chinese car rental industry is transitioning towards high-quality development characterized by "intelligent, electric, and scenario-based" services [2] - With a shift in consumer mindset towards "usage rather than ownership" and a strong recovery in tourism, the rental market holds significant potential [2] - Shenzhou Car Rental aims to lead in smart driving technology, enhance operational support, and develop innovative scenario-based products [2] - The company plans to optimize vehicle lifecycle management in the new energy sector and create differentiated product matrices focused on user experience [2] Future Vision - Shenzhou Car Rental envisions a future of smarter, greener, and better travel experiences, collaborating with users and partners to achieve this goal [3]

东风商用车总经理刘利成 东风商用车技术中心副中心长李智介绍了全新模块化全球平台。该平台兼容全球5大法规体系，覆盖28个重点国家与地区，兼容内燃机、纯电、混合动 力、氢燃料电池四条技术路线，涵盖高端、重型、中型三大整车平台。龙擎3.0动力链持续迭代，可满足多法规阶段与全场景需求。 近日，东风商用车有限公司2026合作伙伴大会在重庆举行。大会以"定赛道 聚合力 携手跃新程"为主题，吸引了来自经销商、供应商、服务商及行业客 户等千余名代表参与，共同回顾2025年成果，谋划2026年发展。 东风汽车集团有限公司党委常委、副总经理王俊，十堰市市委常委、副市长邹桂香，东风汽车集团股份有限公司商用车事业部总经理、党委书记、东风 商用车董事长张小帆，东风商用车有限公司总经理刘利成以及相关领域负责人共同出席了此次会议。 东风商用车总经理刘利成在主题报告中提出了2026年的核心目标：围绕"销量规模增长"与"盈利能力提升"两条主线，力争实现全年销量17.6万辆。面对 商用车行业电动化、智能化、国际化、多元化趋势，东风商用车将锚定核心赛道，聚力商品领先、加速海外突破、全面品牌向上，携手合作伙伴以更可靠的 产品、更贴心的服务、更前沿的 ...

Group 1 - Dongfeng Group announced the board's recommendation to appoint Feng Changjun as an executive director, pending approval at a temporary shareholders' meeting [2] - If approved, Feng will serve a preliminary term of three years as executive director and president, without receiving a salary in his capacity as a director [2] - Current executive director Yang Qing will no longer serve as an authorized representative but will continue in his roles as executive director and chairman of the board [2] Group 2 - Feng Changjun has extensive experience in finance and management, having worked in various companies since July 2001, including China Ordnance Equipment Group and Chongqing Changan Automobile Co., Ltd. [4] - Dongfeng Motor Group reported a sales volume of 196,000 units in November 2025, a year-on-year increase of 10.0%, with 61,900 units being new energy vehicles, up 50.7% [4] - The cumulative sales for the first eleven months were 1.697 million units, a slight decline of 0.3%, while cumulative sales of new energy vehicles reached 450,000 units, a growth of 40.6% [4] Group 3 - Dongfeng's self-owned and joint venture brands have shown strong performance, with Lantu Automobile achieving a record high of 20,005 units sold in November, a 100% increase [4] - Yipai Technology's cumulative sales for the first eleven months reached 246,870 units, a year-on-year increase of 30.6% [4] - Dongfeng Nissan is accelerating its transition to new energy, launching models like the Nissan N7 and N6, with the Nissan NX8 expected to be released in the first half of 2026 [4] Group 4 - The future performance of Dongfeng Motor Group in the fields of electrification and intelligence, as well as the competitiveness of its self-owned and joint venture brands, is highly anticipated [5]

Group 1 - The core viewpoint is that multiple international institutions have raised their economic growth forecasts for China, indicating a growing consensus on the positive outlook for the Chinese economy [1][2] - The World Bank, IMF, and ADB have adjusted their 2025 growth forecasts for China by 0.4, 0.2, and 0.1 percentage points respectively, highlighting China's resilience despite global challenges [1] - The recent Central Economic Work Conference has outlined key tasks for the upcoming year, focusing on domestic demand, strong domestic market construction, and promoting win-win cooperation through openness [1] Group 2 - China's new productive forces are expected to flourish, with advancements in high-end, intelligent, and green manufacturing, leading to a global leadership role in innovation and sustainable development [2] - The country is committed to deepening high-level openness and expanding institutional openness, which will enhance reform and development through a multilateral trade system [2] - In an uncertain global environment, China is positioned as a significant source of certainty and will continue to be a vital engine for global growth, inviting other countries to benefit from its large market [2]

中经记者 赵毅 重庆报道 "长安第1个1000万辆用时30年，第2个1000万辆用时7年，第3个1000万辆用时4年半。"12月10日，重庆 阿维塔数智工厂，中国长安汽车党委书记、董事长朱华荣表示。 随着一辆阿维塔12四激光版驶下生产线，中国长安汽车正式迎来了第3000万辆中国品牌汽车的下线。 第3000万辆汽车下线标志着中国长安汽车的科技转型路径愈加清晰。《中国经营报》记者了解到，中国 长安汽车已构建"六国十地"全球研发布局，在16大领域建成44个技术研究、产品开发中心，200余个实 验室。近3年累计申请专利1.4万余件，每年将营业收入的5%投入研发。 朱华荣表示，3000万辆是新的起点，长安将以新能源"香格里拉"、智能化"北斗天枢"和全球化"海纳百 川"为牵引，持续打造阿维塔、深蓝汽车、长安启源三大新能源品牌，坚定向智能低碳出行科技公司转 型，力争到2030年实现整车产销500万辆，其中新能源占比超60%，海外占比超30%。 销量增长背后的底层逻辑 12月11日，中国汽车工业协会（以下简称"中汽协"）召开沟通会发布最新数据显示，11月，中国汽车月 度产量首次超过350万辆，创历史新高。2025年前11个月 ...

Core Insights - The 21st China (Changsha) International Auto Expo showcases the rapid advancement of intelligent technology in China's new energy vehicle (NEV) sector, with major automakers competing in the low-altitude smart transportation market [1][3] - By October 2025, the penetration rate of NEVs in China is expected to exceed 40%, with L2-level and above intelligent driving functions becoming increasingly common, driven by AI as a core engine for industry transformation [3] - The Chinese NEV industry is undergoing a significant transformation, focusing on electrification, intelligence, connectivity, and sharing, reshaping the global automotive landscape [3][4] Industry Developments - The exhibition highlights the integration of advanced intelligent technologies in NEVs, with features like millimeter-wave radar, laser radar, and intelligent driving assistance systems becoming standard in mid-range models [1] - The demand for smarter and safer NEVs is rising, with 90% of consumers willing to pay extra for advanced intelligent driving services, indicating a shift in consumer preferences [3] - The introduction of solid-state batteries is expected to significantly enhance the range of NEVs, while companies are also exploring low-altitude smart transportation solutions [3] Innovations in Flying Cars - The global debut of the first split-type flying car, "Land Carrier," has garnered attention, with plans for mass production in Guangzhou [4] - Chinese companies are focusing on developing flying cars that can operate in both ground and aerial environments, featuring capabilities such as electric flight, distributed drive, and vertical takeoff and landing [4] - The evolution of NEVs is transforming them from mere transportation tools into "evolving mobile intelligent spaces," leading the industry towards greener, smarter, and more premium offerings [4]

坚持把发展经济的着力点放在实体经济上，坚持智能化、绿色化、融合化方向。 "几年前，谁能想到中国汽车在产品形态、能源结构和全球地位上会发生如此巨变？'十五五'时期同样 充满想象空间。"在东风日产汽车销售有限公司市场部部长孙豪看来，真正的无人驾驶、氢能源的实用 化进程、固态电池的快速突破……这些前沿领域，正是中国汽车人凭借拼搏精神，有望持续引领全球的 关键赛道。 市场的理性化与法规的完善化，被视为产业健康发展的"好兆头"。上汽大众汽车有限公司党委书记、总 经理陶海龙说，作为产业中的一分子，有责任从自身做起，不仅助力发展，更要引导行业健康前行。这 份自觉，正是产业走向成熟的重要标志。 车展勾勒的蓝图，正在一座座"超级工厂"里变为现实。以人工智能、大数据、工业互联网为代表的数字 技术，已成为驱动产业变革的核心力量。在吉利汽车位于湖州长兴的"新四化"高端制造工厂，已实现每 分钟下线一台车的高效产能，这背后，是现代化产业体系的强力支撑。 吉利汽车集团长兴公司总经理赵德刚介绍，这主要得益于三点：一是数字化赋能全链路，实现精准决策 与管理；二是数字化系统打通上下游，与供应商实现产能共享与无缝协作；三是柔性化制造能力，既能 大 ...

Core Viewpoint - The electric vehicle industry is undergoing a critical transformation from scale expansion to high-quality development, driven by the implementation of the new national standard for electric bicycles, which emphasizes safety and raises industry entry barriers [1][2]. Group 1: Industry Transformation - The new national standard serves as a fundamental baseline for safety, effectively pushing the industry from "barbaric growth" to standardized and intelligent development [2]. - Yadea is taking a leading role in the industry by quickly switching production lines and launching the first national standard flagship store, establishing a compliant product system with 71 models [5]. Group 2: New Retail Strategy - Yadea's summit focuses on the integration of new retail and new consumption, emphasizing a user-centered digital transformation that leverages big data to analyze user riding habits and consumption preferences [2]. - The company is enhancing online and offline service experiences, with online live streaming becoming a key growth area and offline services including standardized test rides for better customer convenience [2]. Group 3: Brand Modernization - To align with new consumer trends, Yadea is advancing its brand youthfulness and intelligence strategies, engaging with younger consumers through events like the 717 Global Riding Festival and collaborations with brands like Sanrio and new tea beverage brands [5]. - The summit featured interactive experience zones showcasing product themes and the introduction of AI-powered travel companions, reflecting the company's commitment to smart travel solutions [5][7]. Group 4: Collaborative Ecosystem - Looking towards 2026, Yadea aims to collaborate with all operators to build a new cooperative ecosystem, focusing on production capacity and product supply while setting clear goals for operators to drive terminal growth [6].

制药装备行业专家交流 20251211 Q&A 今年以来制药装备行业的下游需求情况如何？主要影响因素有哪些？ 今年以来，制药装备行业的下游需求主要集中在产线和研发设备上，包括政府 项目及相关上下游设备采购。与去年相比，今年市场热度明显提升，特别是从 第三季度开始，项目数量显著增加，各家设备厂商的投标项目和相关信息也越 来越多。这种需求增长主要源于大企业的转型，例如一些企业从利润较薄的仿 制药转向创新药，并且经过一段时间后，这些创新药已经进入临床阶段并逐步 投入市场。此外，中药市场近年来也受到国内重视，许多中药企业如华润、济 川、贵州百灵、新疆云朵兰等都在扩展规模和新建设。 摘要 制药装备行业受益于创新药和中药市场扩张，企业转型和新建需求增加， 推动设备需求增长，但下游客户对价格敏感度提升，利好国产替代。 行业竞争格局调整，企业放弃低利润项目，专注于优势领域，下游客户 提高预算，推动上市公司毛利率和净利润在第三季度得到改善。 行业集中度提高，同时涌现专注单一产品的小型精细化企业，类似国外 市场趋势，成为新的增长点，但中药企业对高效制粒技术需求增加。 国内制药装备在固体制剂智能化方面取得进展，连续包衣、制粒和混合 ...