Core Insights - The 2025 Global Most Valuable Cities Top 100 list was released by GYBrand, evaluating cities based on economic strength, infrastructure, quality of life, business environment, international reputation, development potential, and global brand building [1][3] Group 1: Chinese Cities Performance - Fourteen Chinese cities made the list, ranking second globally, with Shanghai and Beijing securing spots in the top ten at 7th and 8th respectively [3][11] - Suzhou entered the top 100 for the first time at 78th, showcasing China's multidimensional breakthroughs in global competition [3][9] Group 2: Shanghai's Strengths and Challenges - Shanghai's core advantages lie in its dual engines of finance and technology, with the Sci-Tech Innovation Board accounting for 40% of the total market value of listed companies in China by 2024 [3][5] - The Shanghai-Suzhou tech cluster ranked fifth globally, with a 10.6% year-on-year increase in PCT international patent applications, totaling 6,185 in 2024 [5] - Challenges include air quality and high living costs affecting livability scores, leading to talent migration to surrounding cities [5][13] Group 3: Beijing's Development - Beijing ranked 8th globally, highlighting its hard power in technology innovation, with 30% of China's AI companies and 40% of quantum computing labs located in the city [7] - The city achieved a research and development intensity of 6.2% in 2024, surpassing Silicon Valley's average [7] - Cultural experiences in Beijing have improved, with the 798 Art District hosting more annual exhibitions than New York's MoMA [7][13] Group 4: Suzhou's Innovation and Growth - Suzhou's core competitiveness stems from the integration of manufacturing and innovation, with 240,000 effective invention patents in 2024, a 19.5% increase [9] - The city is home to the largest industrial internet platform, empowering 150,000 enterprises in digital transformation [9] - Suzhou's transformation from a "world factory" to an "innovation workshop" is marked by significant achievements in various sectors [9][15] Group 5: Emerging Cities and Regional Disparities - Shenzhen ranked 19th globally, surpassing Guangzhou (32nd), with a research and development intensity of 5.8% [11] - Chengdu entered the top 80 for the first time, driven by its "park city" concept and 6G technology development [11] - Regional imbalances are evident, with 11 of the 14 listed cities located in the eastern coastal region, while only Chengdu and Wuhan represent the central and western regions [13] Group 6: Recommendations for Improvement - Major cities should shift from "scale expansion" to "refined operations," with Shanghai exploring "flying economy" and resource sharing with neighboring cities [15] - Beijing needs to alleviate non-capital functions and foster collaborative innovation in the Tianjin-Hebei region [15] - Suzhou should focus on nurturing specialized and innovative enterprises to become champions in global niche markets [15]

随着通信技术、感知能力和计算能力的飞速发展，全球正加速迈向"通感算一体化"的新时代。地基与天基网络作为两 大核心基础设施，正在各自的轨道上实现技术突破与场景落地。 地基通感算网络以5G-A技术为代表，通过增强通信性能、扩展感知维度、提升算力协同，赋能智慧城市与交通；天基 通感算网络则以太空计算卫星星座为标志，将人工智能与算力部署至太空，构建天地一体的智能网络。 两者的协同演进，将最终推动空天地海一体化的通感算网络实现，重塑人类社会生产与生活方式。 一、地基通感算网络：从5G-A到智慧城市协同 在地基通感算网络的落地中，智慧交通是核心场景之一。以蘑菇车联为代表的企业，正围绕"通信-感知-计算"的融合 架构，构建AI驱动的通感算网络。通过部署路侧智能单元（RSU）、高精度地图与云端AI大模型，蘑菇车联实现了对 城市交通流的全局感知与动态优化。 具体而言，其系统通过5G-A网络实时传输车辆、行人及环境数据，结合边缘计算节点进行本地化处理，再通过云端AI 大模型MogoMind进行全局决策。这一架构突破了单车智能的感知局限，使自动驾驶车辆能够预判盲区风险、优化路 径规划，并实现多车协同通行。例如，在交叉路口场景中，系 ...

Core Insights - The West Lake District is making significant strides in the aerospace information industry, with over 300 related enterprises gathered in the Yunqi Town, aiming to create a 100 billion yuan aerospace information industry chain in Zhejiang Province [2] - The commercial aerospace sector, recognized as a strategic emerging industry with a market potential exceeding 10 trillion yuan, has been highlighted in government work reports for two consecutive years [2] - The region is focusing on sub-sectors such as space intelligence computing and satellite internet, establishing a comprehensive industrial ecosystem that includes satellite research, manufacturing, and application [2] Industry Developments - The first offline supermarket for the entire commercial satellite and component industry chain, "Dongfanghong Tianxuan," has been launched in Yunqi Town, showcasing over 200 types of commercial satellite products to enhance efficiency for satellite manufacturing companies [3] - The "Zero Gravity Space" company has signed an agreement to build a satellite "health check center," which will reduce component testing costs by 40%, aiding companies in cost reduction and efficiency improvement [3] - The "Ring Yunqi Space-Earth-Sea Collaborative Innovation Alliance" has been established to connect universities, research institutions, enterprises, and investment agencies, promoting collaboration and resource sharing [3] Innovation Ecosystem - The rapid rise of the aerospace information industry in the West Lake District is attributed to the presence of major research institutions, including national laboratories and various research institutes, which provide a strong foundation for innovation [4][5] - The establishment of the Aerospace Five Institute's Hangzhou Center has led to a swift accumulation of industrial innovation resources, attracting multiple companies and resulting in the construction of a 53,000 square meter aerospace industrial base [5] - The region is expected to have a new park covering nearly 70 acres completed by 2026, which will support key project production and core research [5] - Annual events such as the Yunqi Conference and the Aerospace Information Conference serve as platforms to gather related ecological enterprises, further enhancing the industry ecosystem [5]

Core Insights - Yida Capital has led a Pre-A round investment in Starry Light Technology, which will primarily be used to accelerate product mass production, technology iteration, team building, and market expansion [1] Company Overview - Starry Light Technology was established in Suzhou at the end of 2022, with a core founding team from prestigious institutions such as Cambridge University, Peking University, Harbin Institute of Technology, and the Chinese Academy of Sciences [1] - The team has proposed an innovative all-solid-state solution based on laser wavefront modulation, achieving stable and rapid link establishment technology [1] Industry Trends - The demand for low Earth orbit satellite internet is surging, with global satellite constellations like SpaceX's Starlink and China's StarNet accelerating deployment, expected to exceed 100,000 satellites in orbit by 2030 [2] - Inter-satellite laser communication is becoming a critical technology for massive data transmission due to its high bandwidth (Tbps level) and low latency (nanosecond level) [2] - The Chinese StarNet plan is projected to generate over 5 billion yuan in the laser payload market within the next five years [2] Technological Challenges - Satellite laser communication terminals face significant technical barriers, including the need for precise beam alignment (1 micro-radian) due to the complex space environment and high-speed satellite movement [3] - The high cost of communication payloads and reliance on imported key components limit large-scale applications, with domestic production rates below 30% [3] Starry Light Technology Innovations - Starry Light Technology's laser wavefront modulation technology improves link establishment efficiency and stability, moving away from traditional mechanical scanning methods [3][4] - The company has developed a Tbps-level all-optical switching module that supports long-distance networking with low error rates and is compatible with multiple communication systems [4] - The terminal's weight is reduced by 50% and volume by 70% compared to mainstream products, lowering satellite payload costs by 30% [4] Future Prospects - The first terminal product from Starry Light Technology has completed ground verification tests and is set for orbital validation in the second half of 2025, laying the foundation for 6G integrated communication [5] - The investment from Yida Capital reflects the booming market for satellite laser communication, with expectations for Starry Light Technology to become a significant player in the global communication sector [5]

来源：中国新闻网 5月24日，Q5人形机器人与嘉宾共同启动2025年北京科技周暨中国科学院自动化研究所公众科学日。中 新网记者 孙自法 摄 自动化所园区现场通过科学展示、互动展演、科学体验、科普讲座四大版块，向公众集中呈现该所人工 智能技术在智慧医疗、机器人等方向的18项科研成果。 其中，科学展示区多款机器人同台竞技，集中呈现Q系列人形机器人、灵巧手及通用灵巧机器人、仿生 水下机器人、机器人空间智能、水下仿生机器鱼等创新成果，以及微创植入式脑机接口、脑网络组图谱 导航的神经调控机器人、光学分子影像手术导航系统等智能医疗技术。 互动展演与科学体验区通过实物模型、视频演示及互动装置，系统展示人工智能的广阔应用场景。观众 可深度参与场景体感互动、智能读心、庙算·兵棋智能博弈平台等项目，亲身体验颈动脉超声扫查智能 机器人及意念康复、人工智能艺术等前沿技术成果，并与紫东太初数字人虚实互动，感受紫东太初大模 型的多模态交互能力。 主题论坛上，《弘扬"两弹一星"精神，致敬伟大科研先辈》《从原子开始重构世界》两场主题报告，分 别带领公众穿梭时空探寻科学精神本源、分享科技自立自强实践路径引发思考。《机器人前沿技术研 究》《AI ...

le 1 16 tion > F @ t ( 马朝 为中国航天 提供"亦庄方案" ——专访北京经济技术开发区机器人和智能制造产业局副局长马朝 在商业航天产业不断发展的进程中，协同创新是关键突破口。北京亦庄已成立可重复使用火箭技术创新 中心、商业航天联盟，并联合清华等高校设立重点实验室。"企业可在共性技术平台共享试验设备，研 发效率提升超30%。未来要在通导遥一体化、空天地全域应用上形成标准，让'中国方案'走向世界。"马 朝说。 如何将"上天"的技术转化为"落地"的价值？马朝的答案是：让航天与城市共生。"我们正推动空天信息 与AI、大数据深度融合，在自动驾驶、智慧城市等领域打造示范场景。"他透露，北京亦庄支持企业开 发天地融通解决方案，推动自动驾驶车辆"走出"封闭测试区；同时联合中国移动等企业，构建低轨星座 与6G网络的协同体系。 除了聚焦国内城市发展需求，国际化也是另一重点赛道。"今年将设立'一带一路'商业航天合作专项， 支持企业开拓海外发射服务、卫星运营市场。"马朝表示。 对于未来空天产业布局，马朝表示，北京亦庄将加快推进重点项目建设进展，打造地标建筑、标杆工 厂。"按照世界一流航天港标准，建设空天街区，加 ...

Group 1 - The core viewpoint of the news is the implementation of a "smart supervision" system in Huzhou's Nanxun Economic Development Zone, which integrates technology to enhance environmental monitoring and management capabilities [1][2][3] - The introduction of an intelligent drone airport system marks a significant advancement in the digital transformation of environmental regulation, emphasizing the integration of human and technological defenses [1][2] - The development of a comprehensive monitoring network aims for "full coverage, no blind spots," utilizing drones to conduct regular surveillance over key industrial and residential areas [1][2] Group 2 - The system incorporates advanced technologies such as IoT, big data analysis, and AI, enabling real-time collection of key pollutant data and meteorological parameters, which supports the analysis of air diffusion patterns [2] - The efficiency of environmental regulation has improved by over 200% compared to traditional methods, with monitoring coverage expanding threefold, allowing for quicker identification of pollution issues [2] - Future plans include the continuous upgrade of the smart environmental protection platform, integrating various data sources to create a comprehensive regulatory network and exploring innovative models that combine regulation with green technology services [3]

从秦岭脚下的古老城垣到浩瀚星海的璀璨征途，西安正以商业航天的澎湃动能，在寰宇间绘制一幅跨越 国界的"星"蓝图。 作为中国航天动力之乡，这里不仅孕育了液体火箭发动机、北斗导航等国之重器，更以数家商业航天企 业的集群优势，构建起"火箭轰鸣-卫星织网-数据赋能"的全产业链生态。 在卫星通信领域，星展测控科技股份有限公司（以下简称"星展测控"）以"动中通"技术闻名。所谓"动中 通"，即在移动载体上实现卫星通信天线稳定对星，攻克了船舶摇摆、汽车颠簸、飞机高速飞行等极端环境下 的通信难题。 2017年，星展测控通过AS9100D航空航天质量体系认证，成为国内少数具备航空级产品研发能力的企 业；2020年，其客舱机载卫星通信系统首次在国内民航客机装机，打破国外垄断。截至2024年，公司累计获 授权专利173项，产品远销德国、荷兰、阿联酋等国家，成为全球卫星通信设备领域的"隐形冠军"。 随着低空经济被写入国家战略，星展测控迅速切入这一新赛道。其研发的FS100型应急无人机，搭载高 通量卫星通信设备与光电吊舱，可在灾害救援中实时回传高清影像，被誉为"空中生命线"。 "低空经济上升为国家战略后，我们迅速锁定这一赛道。"星展测控总 ...

Core Insights - Satellite baseband chips are crucial for integrated air-ground communication, with market growth accelerated by the explosion of low-orbit constellations and the maturation of direct satellite connection technology [1][15] - Chinese companies, represented by Huawei HiSilicon and Unisoc, are making significant technological breakthroughs, laying the foundation for a self-controlled industrial chain [1][15] - By 2028, the Chinese satellite baseband chip market is expected to exceed 28 billion yuan, forming a tripartite structure among the vehicle networking, consumer electronics, and low-altitude economy sectors [1][15] Industry Overview - Satellite baseband chips are the core components of satellite communication systems, responsible for digital signal conversion, modulation, demodulation, protocol control, and data processing [2][4] - The industry has evolved from reliance on imports to achieving significant domestic innovation, with key milestones including the launch of the first fully autonomous "Navigation No. 1" chip in 2008 [6][8] Current Market Analysis - The penetration rate of smartphones supporting satellite communication is projected to rise from less than 10% in 2023 to over 30% by 2025 [1][15] - The demand for vehicle-mounted satellite communication chips is expected to maintain an annual growth rate of over 50% due to the rapid development of smart connected vehicles [1][15] - The market for satellite communication chips in the low-altitude economy is anticipated to surpass 10 billion yuan in the next three years [1][15] Competitive Landscape - The industry exhibits a "pyramid" competition structure, with leading companies like Huawei HiSilicon and Huali Chuantong at the top, followed by firms like Unisoc and Hezhong Star [17][19] - The overall landscape is characterized by military-driven innovation, civilian market expansion, and breakthroughs in technology, with a focus on high-reliability military chips and consumer applications [19] Future Trends - The industry is expected to undergo a transformation driven by technological autonomy, expanding application scenarios, and collaborative development across the supply chain [22][25] - Key advancements include the development of multi-mode compatible chips and quantum-safe encryption technologies, which will help break foreign technology monopolies [24][26] - The satellite baseband chip sector is becoming a core infrastructure of national digital economy strategy, with projections indicating a potential market impact exceeding 3 trillion yuan [27]

证券代码：835640 证券简称：富士达 公告编号：2025-043 中航富士达科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带法律责任。 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 20 日 活动地点：中航富士达科技股份有限公司（以下简称"公司"）在全景路演平 台（https://rs.p5w.net）参与 2025 年陕西辖区上市公司投资者集体接待日暨 2024 年度业绩说明会。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 回复：2025 年挑战与机遇并存，市场端防务领域需求逐步释放，通讯领域 需求保持稳中有进，同时，对公司的快速交付、成本管理等也提出了新的要求。 问题 2：公司在空天一体和算力高速网领域，有无拳头产品应用，如何看 待目前商业航天、低空经济的市场，公司今年在这些领域能有确定的增长势头 吗？ 回复：公司在航天领域深耕多年，具备研发、生产制造、试验等核心能力。 空 ...