炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：中国标准化 导 读 2026年1月，埃及标准化组织（EOS）主席哈立德·苏菲博士正式就任国际标准化组织（ISO）主席。在 此次就职致辞中，他阐述了对ISO的愿景：将其打造成一个合作与包容的平台，并使国际标准成为加速 创新与可持续发展的关键推动力。 当今世界正处于快速变革与不确定性日益增加的时代，国际标准比以往任何时候都更加重要。面对变 革，它能提供一致性；面对疑虑，能提供权威性；面对分化，能提供统一性。 标准通过提供框架和机制，确保产品、服务和系统达到可衡量的质量要求，从而促进创新蓬勃发展。这 使标准成为国际贸易的强大催化剂，它作为一种共同语言能建立信任、促进互操作性，并支持全球可持 续与公平发展。 我对ISO的愿景很明确：确保我们始终是多边合作的核心支柱，强化标准在推动可持续进步以及塑造共 同未来的数字创新中的关键作用。以下是我们实现这一愿景的一些具体途径。 面向现代世界的一流标准 ISO必须继续引领制定高质量的国际标准，这些标准应体现前沿水平、满足市场需求并提供应对全球挑 战的解决方案。特别是在新兴技术与环境可持续性这两个备受 ...

编辑丨 巫燕玲 1月13日晚，中银证券（601696.SH）公告称，原首席科学家葛浩因个人原因递交辞呈，辞任 后将不在公司担任任何职务。 公告显示，葛浩离任时间为2026年1月12日，原定任期到期日为第二届董事会届满之日，此番 为提前卸任。 中银证券表示，葛浩将按照公司相关规定做好交接工作，其辞任不会影响公司正常运作，辞呈 自送达公司董事会之日起生效。 记者丨 孙永乐 值得注意的是，中银证券是券业首次设置"首席科学家"岗位的券商。2020年上市当年，中银证 券聘任了原百度大数据部负责人葛浩担任公司首席科学家。 目前，券业仍以首席信息官（CIO）岗位为主，2025年内已有10余家券商迎来新任首席信息 官。CIO作为券商数字化战略的主要制定者和推动者，正日益成为行业变革的焦点。但像中银 证券这样从外部聘请互联网技术人才担任首席科学家的情况并不多见。 除了开创券业先河，中银证券首席科学家的待遇也相当可观。 2024年任职近六年的葛浩年薪 高达201.82万元，成为公司年薪最高的高管，较排名第二的原董事长宁敏高出50.22万元。 如今，葛浩正式离任中银证券，业内除了关注他个人提前卸任的原因，更将目光聚焦于公司的 两大 ...

Core Insights - Airbus has released its Global Services Forecast (GSF), predicting significant growth in the global aviation services market over the next 20 years, particularly highlighting China's emergence as the largest market by value [1] Group 1: Market Growth - The aviation aftermarket service market is shifting eastward, with China's market expected to grow from $24.8 billion in 2025 to $63.8 billion by 2044 [1] - China is projected to receive approximately 9,570 new aircraft over the next 20 years, which will enhance the demand for various services throughout the aircraft lifecycle [4] Group 2: Passenger Traffic and Infrastructure - In 2025, China's domestic passenger transport volume is expected to increase by 17% compared to pre-pandemic levels in 2019, while international routes have recovered to over 90% of 2019 levels [4] - Continuous investment in airport infrastructure and air traffic management in China supports the growth of aviation traffic while maintaining high operational efficiency [4] Group 3: Key Growth Areas - The growth of China's aviation services market will be driven by five key areas: non-wing maintenance, on-wing maintenance, modifications and upgrades, digitalization and connectivity, and training [4] - By 2044, the Chinese aviation industry will require over 485,000 new technical personnel, including 131,000 pilots, 143,000 maintenance technicians, and 211,000 cabin crew members [4] Group 4: Digital Transformation - Chinese airlines are accelerating their digital transformation towards a more interconnected ecosystem, with over 9,000 aircraft expected to have onboard connectivity [5] - Digital operations are projected to save over $2.2 billion in operational costs and an additional $5.7 billion through reduced fuel costs, while enhancing passenger experience [5]

越通社1月14日报道，第六届东盟数字高官会议（ADGSOM）及相关会议于1月12日至14日在越南 河内召开，东盟11个成员国信息技术、电信和数字化转型主管机构代表团团长及代表、东盟秘书处及相 关合作伙伴与会。 高官会还与东盟数字领域对话伙伴举行了会议，旨在交流合作情况、审议现有项目和计划进展，讨 论未来合作方向和提议。各方强调，加强东盟与合作伙伴间的协调与互补十分重要，可积极推动各方在 信息技术、电信和数字化转型领域开展符合东盟优先事项的实质性和有效合作。 （原标题：第六届东盟数字高官会议在河内召开） 除东盟数字高官会，同期还举行了专业工作组联席会议和东盟电信监管机构理事会会议，以审议技 术合作活动实施成果，讨论下一阶段建议与倡议。 各代表团团长交流优先合作事项实施进展，重点聚焦加强东盟成员国间数字政策协调与协同；构建 区域合作框架、原则与指南；缩小东盟内部各国及各社群间数字鸿沟；促进创新及新兴技术应用；加强 东盟数字空间的安全、保障与韧性；发展数字人才和数字技能，特别是针对青年和年轻劳动力。 ...

第四，差异化不足。不同规模、类型、发展阶段的农业经营主体，贷款需求差异大，农村金融机构 应实施差异化服务策略，根据农业经营主体特点，设计专门产品、简化流程、调整额度利率等，如为创 业初期主体提供种子资金与扶持贷款，发展壮大期提供中长期项目贷款等多元化服务，有助于优化金融 资源在不同农业经营主体间的配置，提升各主体发展动力与效率，促进农业信贷市场精细化发展。目前 看，农村金融机构尚缺乏丰富的金融产品，难以精准对接，这让一些农业主体的信贷需求得不到满足， 产生了贷款体验与数据表现之间的反差。 当然，造成一些农业主体的贷款体验与数据表现并不一致的原因较多，这也说明，农村金融市场仍 有待深耕，也大有可为，农村金融机构应补短板，平衡分配信贷资源，在追求经济效益的同时，增强使 命感与责任感，让普惠金融既"普"且"惠"。 在日前举行的一次论坛上，有专家表示，在我国普惠金融取得长足发展、普惠金融领域贷款持续保 持较快增长的同时，农村信贷结构性失衡现象仍然存在。 第二，信贷渗透率待提升。信贷渗透率关乎农村金融服务的广度和深度，尽管近年来，农村金融机 构持续深耕农村市场，农业经营主体普遍受益，但仍有金融毛细血管未能渗透到的地方。 ...

Core Insights - The trust industry in China is experiencing significant growth, with asset management trusts and asset service trusts becoming the dominant business models, marking a shift from traditional financing methods [1][2] - The industry is undergoing a fundamental transformation towards a modern financial service system, focusing on high-quality development and risk prevention [2][8] Business Structure and Trends - Asset service trusts have seen a notable increase, accounting for at least 24.67% of the industry, with family trusts and insurance trusts experiencing explosive growth [2][3] - Asset management trusts remain the mainstay, comprising 75.33% of the industry, but are shifting towards standardized asset-based investment models [3][9] - The regulatory environment is evolving, with a new "1+N" regulatory framework established to support long-term healthy development [3][4] Regulatory Developments - The revised "Trust Company Management Measures" marks the first comprehensive update in 18 years, enhancing standards for institutional entry, governance, and risk isolation [3][4] - A differentiated regulatory approach is being implemented, optimizing resources based on institutional ratings to encourage excellence and limit underperformance [4][8] Technological Advancements - Digital transformation is becoming a core strategy for trust companies, with generative AI being a focal point for enhancing operational efficiency and decision-making [5][6] - Leading institutions are investing in integrated digital platforms to support the complex management of asset service trusts and standardized investments [6][9] Performance and Challenges - Despite the growth in asset scale, the industry faces challenges, including a 2.83% year-on-year decline in net profit and an 11.38% drop in trust business revenue in the first half of 2025 [7] - The "Matthew effect" is intensifying, with top institutions maintaining their lead while some companies struggle with profitability [7][8] Future Outlook - The trust industry is expected to enter a new phase of high-quality development, with a focus on compliance and governance effectiveness [8][9] - The value of service trusts is anticipated to increase as supporting systems improve, leading to more personalized and intelligent offerings [8][9] - Asset management capabilities will become the core competitive advantage, with a shift from regulatory advantages to capability-driven performance [9]

Core Insights - The company launched an online annual wealth statement activity titled "Ganflo Unceasing, Wealth Inheritance" to connect users emotionally and promote traditional Chinese culture through financial services [1][2] - The integration of regional cultural elements into online services reflects the company's strategic development philosophy of "Deepening Jiangxi, Serving the Nation" [2][4] - The annual statement activities have consistently highlighted Jiangxi's cultural heritage, incorporating elements like Jingdezhen ceramics and Gannan tea-picking opera to enhance user experience [2][3] Cultural Integration - The 2023 annual statement focused on Jiangxi's intangible cultural heritage, while the 2025 statement will emphasize the theme of cultural inheritance and urban image promotion [2][3] - The "Investment Chronicle" section of the annual statement represents the company's commitment to long-term service, while "Wealth Water" symbolizes the concept of sustainable wealth growth [3] - The use of local cultural symbols in visual design aims to deepen the connection between financial services and regional identity, promoting a long-term and rational investment perspective among users [3][6] Digital Transformation - Digital transformation is identified as a core engine for high-quality development in the securities industry, with the company focusing on technology empowerment and enhancing online operational capabilities [4][6] - The company has developed a series of online activities, such as the 818 Financial Festival and annual statements, to serve as dual carriers for cultural dissemination and business development [4][5] - The 2024 818 Financial Festival will incorporate AI technology, marking a shift towards a "Culture + Technology" dual-driven model [5] User Engagement - The company aims to create a user experience that reflects its commitment to cultural empowerment in financial services, enhancing user engagement and loyalty [6] - The ongoing development of a structured online activity system throughout the year aims to integrate traditional culture into regular operations, thereby improving the platform's user activity and retention [6] - Future plans include further integration of financial technology and business operations to create more culturally rich and user-valued online activities [6]

Core Viewpoint - The "Henan Circulation Development Report (2026)" emphasizes the theme of "comprehensively expanding domestic demand" and provides insights into the challenges and optimization paths for the development of modern commercial circulation systems in Zhengzhou [1][2]. Group 1: Challenges and Optimization Paths - Zhengzhou faces five major challenges: urban-rural commercial network, supply capacity, rural commercial circulation, cultivation of leading enterprises, and the recycling system [1]. - The report suggests optimizing the urban-rural commercial network and constructing a new consumption pattern by implementing a "renewal project" for urban commercial circles, inspired by the model of Shanghai's Xujiahui [1]. - It proposes the planning and construction of high-end commercial complexes in Zhengdong CBD to meet the needs of financial and business populations, enhancing the match between commercial planning and consumer demographics [1]. Group 2: Strengthening Supply Resilience - A multi-faceted market supply system is to be established, including the planning of 1-2 primary agricultural wholesale markets, focusing on convenient transportation for site selection [2]. - The report emphasizes the need to improve the rural commercial circulation system and activate rural consumption potential by building a three-tiered convenience service network in counties, towns, and villages [2]. Group 3: Cultivating Leading Enterprises - A "three-year action plan for cultivating leading enterprises" will reward circulation companies that achieve annual sales exceeding 10 billion yuan for the first time, with a focus on nurturing 1-2 companies into national leaders [2]. - A digital transformation special fund will be established to subsidize traditional commercial enterprises that adopt big data and artificial intelligence technologies [2]. Group 4: Promoting Green Circular Development - The report advocates for the establishment of recycling resource industrial parks, encouraging the agglomeration of small and medium-sized enterprises through land and tax incentives [2].

Group 1 - The core message emphasizes the need for central enterprises to stabilize operations and improve efficiency amid increasing uncertainties in the international environment since 2025 [2][3] - Central enterprises are urged to enhance market expansion, closely monitor macroeconomic conditions, and improve responsiveness across production, supply, storage, and sales [3] - The focus will be on effective investment to accumulate development potential, with specific attention to key areas such as industrial chain strengthening, infrastructure construction, energy resource security, and forward-looking industry layout [3] Group 2 - The optimization of state-owned economic layout and structural adjustment is essential for strengthening and expanding state capital and enterprises [4] - Central enterprises will pursue both traditional industry transformation and new industry development, emphasizing the importance of sectors like renewable energy, aerospace, and quantum technology [5] - A strategic push for specialized mergers and acquisitions, along with better platform utilization by state capital investment and operation companies, is planned for the upcoming year [5] Group 3 - The meeting highlighted the significant increase in R&D investment by central enterprises, exceeding 5 trillion yuan, with an annual growth rate of over 20% in emerging industries [6] - There will be a focus on integrating technological and industrial innovation, promoting the transformation of major scientific achievements, and enhancing the ecosystem for talent development [6][7] - Initiatives will include improving the talent education and training system, with a large-scale focus on cultivating management, technological, and skilled personnel [7] Group 4 - The deepening of state-owned enterprise reforms is progressing, with a focus on enhancing core functions and competitiveness [8] - Future reforms will aim to integrate party leadership into corporate governance, clarify responsibilities among governance entities, and deepen three-system reforms [8] - There will be an emphasis on organizational and management process transformations, promoting flatter and smarter operational structures [8]

Core Viewpoint - The Vietnamese government emphasizes the importance of the private sector in driving innovation and digital transformation, aiming to create a supportive legal environment for private enterprises to thrive in these areas [1][2]. Group 1: Government Initiatives - The Vietnamese Communist Party recognizes the private economy as a key driver of the socialist market economy, working alongside the state economy to achieve breakthroughs in innovation, digital economy, green economy, and circular economy [1]. - The National Assembly of Vietnam has translated the Party's resolutions into specific policies and laws, revising or enacting multiple laws related to innovation, high technology, digital technology industries, data, artificial intelligence, information security, and cybersecurity [1]. Group 2: Workshop Discussions - The workshop focused on improving institutional mechanisms to eliminate barriers for companies engaged in innovation and digital transformation, providing financial support for the private sector, sharing successful experiences in digital transformation, developing human resources needed for innovation, and ensuring effective policy-market alignment [2]. - Representatives believe that the private sector has a strong willingness to achieve breakthroughs through knowledge and technology, and with the support of the Party's resolutions and corresponding systems, private enterprises are expected to enhance national competitiveness and drive sustainable growth [2].