Core Viewpoint - China Jushi (600176.SH) is making steady progress in the development and certification of low dielectric products, which is expected to enhance its market position in the PCB sector [1] Group 1: Company Developments - The company currently has a production capacity of 960 million meters for PCB yarn, holding the largest market share globally [1] - The development and certification of low dielectric products are progressing in an orderly manner [1] Group 2: Industry Trends - The demand for servers and data centers is anticipated to grow significantly due to advancements in AI and big data technologies [1] - This growth is expected to drive continuous expansion in the PCB market within related fields [1]

Core Viewpoint - The company is actively advancing the development and certification of low dielectric products, which is expected to enhance its market position in the PCB sector [1] Group 1: Company Developments - The company currently has a production capacity of 960 million meters for PCB yarn, holding the largest market share globally [1] - The development and certification of low dielectric products are progressing in an orderly manner [1] Group 2: Industry Trends - The demand for servers and data centers is anticipated to grow significantly due to advancements in AI and big data technologies [1] - This growth in demand is expected to drive continuous expansion in the PCB market [1]

异动分析 华为欧拉+腾讯概念+数据安全+数字经济+华为鲲鹏 1、2024年11月14日互动易：公司一体机支持华为欧拉操作系统，公司已加入openEuler社区，未来公司 将持续积极参与国产生态建设，与合作伙伴共同推动国产软件产业的创新与自主可控。 2、2023年10月23日互动易：公司目前拥有容灾、备份、云灾备、大数据四大产品线，近30款标准化产 品，目前有超过300家合作伙伴。英方与合作伙伴共同进行产品方案的联合推广，合作企业包括华为、 新华三、浪潮、曙光、腾讯云、百度云、京东云，以及传统的IT产品经销商，如伟仕佳杰等。在英方全 国合作商中，包括了区域业务整合能力强的国企，通过转售、定制开发等方式进行英方产品的销售。新 型工业化公司本身就是英方的客户群体，同时该类公司也可以在其体系内转售英方的产品，这需要看具 体的合作模式和对方公司本身的业务发展方向与需求。 来源：新浪证券-红岸工作室 12月18日，英方软件跌2.03%，成交额1.05亿元，换手率4.62%，总市值39.83亿元。 主力持仓 主力轻度控盘，筹码分布较为分散，主力成交额5773.06万，占总成交额的11.4%。 技术面：筹码平均交易成本为52 ...

Group 1 - The core viewpoint of the article is that Yunding Technology is focusing on the integration of information technology and the energy industry, leveraging advanced technologies to provide comprehensive solutions for energy enterprises [1] Group 2 - The company is deeply engaged in niche areas that combine information technology with the energy sector, addressing the intelligent development needs of the energy industry [1] - Yunding Technology utilizes technologies such as 5G, artificial intelligence, big data, cloud computing, and the Internet of Things to enhance its service offerings [1] - The company specializes in providing digital transformation solutions and services for coal, chemical, electric power, and new energy enterprises [1]

专题：财经年会2026：预测与战略暨2025全球财富管理论坛 新浪声明：所有会议实录均为现场速记整理，未经演讲者审阅，新浪网登载此文出于传递更多信息之目 的，并不意味着赞同其观点或证实其描述。 责任编辑：李思阳 专题：财经年会2026：预测与战略暨2025全球财富管理论坛 《财经》年会2026：预测与战略暨2025全球财富管理论坛于2025年12月18-20日在北京举行。中国宏观 经济研究院研究员张燕生谈到全球供应链变革方面时指出，过去40年IT革命推动形成的三大全球生产网 络中，中国已成为全球贸易中心度最高的国家，影响力超越美国、德国。但地缘政治可能催生"两大平 行体系"的脱钩风险，如何实现"挂钩不脱钩、合作不对抗"成为关键。 他提出，新全球化应是基于市场、企业、民间及人工智能技术的开放模式，虽进程缓慢曲折，但符合历 史趋势。"推动签证、航班便利化，促进人员常来常往，才能化敌为友，凝聚反对脱钩的广泛力量。"针 对东亚生产方式易陷入贸易摩擦、老龄少子化的困境，张燕生强调，作为人口、经济、开放规模巨大的 国家，中国推动全球化必须坚持"有饭大家吃"的理念，践行共商共建共享。 《财经》年会2026：预测与战略暨20 ...

Core Viewpoint - Taiji Co., Ltd. has shown a slight increase in stock price and a mixed performance in trading volume, indicating potential investor interest despite recent declines in stock performance over various time frames [1]. Group 1: Stock Performance - As of December 18, Taiji's stock price increased by 2.02% to 23.70 CNY per share, with a trading volume of 1.08 billion CNY and a turnover rate of 0.74%, resulting in a total market capitalization of 14.77 billion CNY [1]. - Year-to-date, Taiji's stock price has risen by 0.47%, but it has experienced declines of 0.38% over the last five trading days, 2.67% over the last 20 days, and 11.99% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Taiji reported a revenue of 4.865 billion CNY, reflecting a year-on-year growth of 12.15%, while the net profit attributable to shareholders was 4.0465 million CNY, marking a significant increase of 114.31% year-on-year [2]. Group 3: Shareholder Information - As of December 10, the number of shareholders for Taiji was 55,900, a decrease of 1.22% from the previous period, with an average of 11,108 circulating shares per shareholder, which increased by 1.23% [2]. - Since its A-share listing, Taiji has distributed a total of 1.191 billion CNY in dividends, with 284 million CNY distributed over the last three years [3]. - As of September 30, 2025, the fourth largest circulating shareholder was Hong Kong Central Clearing Limited, holding 8.8238 million shares, a decrease of 1.4159 million shares from the previous period [3].

近日，国网山东省电力公司经济技术研究院（以下简称"国网山东经研院"）发布输变电工程工程量清单 大数据赋能应用系列成果，以业务创新、数字赋能为基础，持续探索实践工程造价管理数据赋能创新。 在高速发展的大数据时代，算力已成为当下重要新质生产力之一，如何高质量分析电网建设过程中的海 量造价信息，实现造价数据价值利用最大化，是一项需要长期关注、研究突破的课题。国网山东经研院 紧密联系工作实际，以输变电工程工程量清单为研究对象，充分考虑当前电网建设规模大、项目复杂程 度高的现状，针对输变电工程工程量清单计价模式实际应用过程中的痛点、难点问题，开展了基于大数 据的输变电工程量清单"量、价"深度分析及智能化应用研究与实践。 下一步，国网山东经研院将持续打造输变电工程技经全链条数据多样化应用场景，深化"平台+数据+生 态"的技经全链条融合应用，发挥其在精准分析、综合预测、智慧应用方面的管理支撑作用，为企业精 准制定输变电工程投资策略提供专业辅助和智力支持，助力山东省新型电力系统建设。 （通讯员 李彦 刘宏志） 一是基于海量复杂数据资料深入开展研究分析，精准掌握结算较招标易变工程量清单，并借助对比分析 手段探究偏差产生的原因， ...

Core Viewpoint - iQIYI has established a new research and development center in Chengdu, located in the Xinchuan Innovation Technology Park, marking its ambition to promote AI and big data initiatives in the southwestern region of China [2][4]. Group 1: Building Overview - The building, known as the "Innovation Building," is iQIYI's third largest R&D center outside of Beijing and Shanghai [4]. - The total construction area is approximately 60,200 square meters, accommodating up to 2,000 people for collaborative work [7]. - The design, inspired by the concept of a "time-space magic box," reflects the technological theme of the Xinchuan Park [9]. Group 2: Architectural Features - The building features a modern and lightweight appearance with blue glass curtain walls and gray-white walls, creating a striking visual identity [11]. - The interior design cleverly integrates iQIYI's IP with local Chengdu culture, showcasing elements from "Summer of the Band" and local symbols like pandas and teacups [13]. - The architectural layout draws inspiration from the Sichuan West Forest style, enhancing the building's dynamic aesthetic with several shifted cubes on the top [15]. Group 3: Functional Aspects - Located in a high-tech enterprise cluster with convenient transportation, the building emphasizes "sharing and quality" in its internal design [17]. - The first two floors are dedicated to commercial facilities and public spaces, while floors three to seventeen are open office areas, with the top floor reserved for executives and important meetings, offering panoramic views of the Xinchuan area [17]. - The interior features a light industrial style with large floor-to-ceiling windows for natural light, and includes multifunctional cultural spaces for exhibitions and lectures [19]. Group 4: Strategic Importance - This building serves as a crucial hub for iQIYI's R&D in the southwest, blending technology, content, and local culture [21]. - The atmosphere within the park fosters creativity, suggesting that future innovations for iQIYI may emerge from this inspiring environment [21].

Core Viewpoint - The China Payment and Clearing Association has issued an initiative to promote the healthy and standardized development of the mobile payment market, emphasizing fair competition and consumer protection [1][2]. Group 1: Four Aspects of the Initiative - Encourage payment innovation by urging market participants to increase investment in innovation while complying with laws and regulations, optimizing mobile payment products and services to better meet consumer and merchant needs [3]. - Maintain fair competition by adhering to the Anti-Unfair Competition Law and promoting equal cooperation among market participants, avoiding practices that restrict the display of other legitimate payment products [3]. - Promote interoperability by encouraging market participants to engage in barcode payment interoperability and to open up acceptance networks and various scenarios, contributing to a unified domestic market [3]. - Strengthen risk prevention by utilizing technologies such as big data and artificial intelligence to enhance risk management and prevent illegal transactions [4]. Group 2: Development of Electronic Payment Regulation - The electronic payment sector in China has seen significant growth, with regulatory policies continuously optimized to support market operation, meet public needs, and assist the real economy [5]. - A comprehensive regulatory framework for electronic payment has been established, covering service providers, accounts, payment tools, and central bank payment systems [5]. - The regulatory system focuses on external audits, internal controls, and risk management, including anti-money laundering, data protection, and operational risk management [6].

Group 1 - The core viewpoint of the news is that Jinming Machinery has experienced fluctuations in stock price and trading volume, with a notable increase in stock price by 32.07% year-to-date, but a recent decline in the last five, twenty, and sixty trading days [1] - As of December 18, Jinming Machinery's stock price reached 7.33 yuan per share, with a market capitalization of 3.071 billion yuan and a trading volume of 29.2779 million yuan [1] - The company has seen a net inflow of main funds amounting to 2.3866 million yuan, with significant buying activity from large orders [1] Group 2 - For the period from January to September 2025, Jinming Machinery reported operating revenue of 332 million yuan, a year-on-year decrease of 9.97%, and a net profit attributable to shareholders of 8.9502 million yuan, down 37.53% year-on-year [2] - The number of shareholders as of September 30 is 22,200, a decrease of 20.23% from the previous period, while the average circulating shares per person increased by 25.36% to 17,910 shares [2] Group 3 - Since its A-share listing, Jinming Machinery has distributed a total of 143 million yuan in dividends, with 41.8924 million yuan distributed over the past three years [3]