一边是寸土寸金的深圳 一边是亟待发展的粤东汕尾 这块距离深圳市中心 约100公里的"飞地" 演绎着"特区带老区"的故事 俯瞰深汕特别合作区 约460平方公里的土地上 经历着翻天覆地的变化 荒山小村 变成了连片的现代化厂房 一栋栋学校、医院和保障房 拔地而起 这里，融入深圳 "敢闯敢试"的血脉 这里，见证深圳 新一代世界一流汽车城 核心承载区的无限潜力 风口上起飞的"汽车城" "开拓者1号""深圳号" "郑州号""常州号" …… 比亚迪巨轮组成汽车"出海舰队" 相继在小漠国际物流港停靠 一辆辆新能源汽车驶入船舱 发往欧洲、东南亚、南美洲等国际市场 比亚迪"深圳号"停靠小漠国际物流港 作为粤东深水良港 小漠国际物流港 是海上"高速路"的入口 11条滚装外贸航线 织就四通八达的网络 为新能源汽车通往海外市场 架起"黄金走廊" 小漠国际物流港 如今的深汕热火朝天 通港大道一路向东 串联起 零部件生产、整车制造、出口运输 从工厂到港口 不到5分钟车程 新能源汽车一脚油门直接开上船 比送快递还利索 深汕比亚迪汽车工业园一期 深汕比亚迪汽车工业园二期 曾经 "农渔四镇""经济洼地" 是鹅埠、小漠、赤石、鲘门的标签 如今，全 ...

Core Viewpoint - The company is convening its first extraordinary general meeting of shareholders for 2026 on January 15, 2026, to discuss the change of fundraising investment projects, specifically shifting from the "Headquarters R&D Center Construction Project" to the "Machine Vision Intelligent Manufacturing Expansion Project" with a new investment amount of 533.06 million yuan [19][20]. Group 1: Meeting Details - The extraordinary general meeting will be held on January 15, 2026, at 10:00 AM in Dongguan, Guangdong Province [2]. - Shareholders can vote through the Shanghai Stock Exchange's online voting system on the same day [4][6]. - The meeting will include both on-site and online voting methods [4]. Group 2: Fundraising Project Change - The original project, "Headquarters R&D Center Construction Project," is being changed to "Machine Vision Intelligent Manufacturing Expansion Project" due to inefficiencies in the original plan [19][23]. - The new project will utilize 444.25 million yuan from the remaining funds of the original project and terminated projects, which is 28.92% of the total fundraising amount [20][23]. - The new project is expected to have a construction period of five years, from 2026 to 2031, and will gradually start production and achieve design capacity [20][43]. Group 3: Project Justification - The change is driven by the need to enhance fundraising efficiency and align with the company's strategic development goals [31][32]. - The new project aims to expand production capacity for core machine vision products, responding to increasing market demand in various sectors [36][39]. - The project aligns with national industrial policies supporting smart manufacturing and technological innovation [39][40]. Group 4: Financial Overview - The total investment for the new project is estimated at 533.06 million yuan, with expected sales revenue primarily from core products such as light sources, controllers, cameras, lenses, and code readers [19][43]. - The company has a solid financial foundation, having raised a total of 1.618 billion yuan from its initial public offering, with net proceeds of 1.536 billion yuan after deducting issuance costs [21].

Group 1: Policy Changes and Economic Measures - The State Council of China announced the implementation of the VAT Law Regulations starting January 1, 2026, which includes tax incentives and requires timely public disclosure of VAT exemption standards and conditions [1] - The National Development and Reform Commission and the Ministry of Finance released a notice on the "Two New" policy for 2026, adjusting the subsidy for old-for-new vehicle exchanges to a percentage of the vehicle price, while maintaining the upper limit for automobile subsidies [1] - The Ministry of Finance and the State Taxation Administration confirmed a reduction in the VAT rate for individuals selling homes purchased for less than two years from 5% to 3%, effective January 1, 2026 [1] Group 2: Industry Developments - The automotive industry is set to receive support through a one-time subsidy for consumers who scrap older vehicles and purchase new energy vehicles or fuel-efficient cars, as outlined in the 2026 implementation details [1] - The Ministry of Industry and Information Technology announced a digital transformation plan for the automotive industry, aiming for over 95% adoption of design tools and a 10% increase in labor productivity by 2027 [1] - The securities and futures industry saw a significant increase in the number of private asset management products registered, with a 44.78% month-on-month increase and a 129.96% year-on-year increase in November 2025 [1] Group 3: Company Announcements - Zijin Mining announced an expected net profit increase of approximately 59%-62% for 2025, attributed to higher production and sales prices of key mineral products [1] - Sichuan Road and Bridge signed a highway construction contract worth 154.58 billion yuan [5] - Salt Lake Co. plans to acquire a 51% stake in Minmetals Salt Lake for 46.05 billion yuan [5]

Core Viewpoint - The Southeast Asia (Thailand) Intelligent Manufacturing Exhibition (IME2026) will be held from July 22 to 24, 2026, in Bangkok, focusing on smart manufacturing and advanced technologies [1] Group 1: Event Overview - The exhibition will showcase innovations in twelve key areas, including industrial automation, artificial intelligence and robotics, CNC machine tools, electronic manufacturing, and new energy equipment [1] - The planned exhibition area is 10,000 square meters, with an expectation of attracting 200 domestic and international exhibitors [1] - The event will feature four high-end industry forums and one Sino-Thai technology exchange and equipment trade matching meeting to promote cooperation and resource sharing within the industry chain [1] Group 2: Market Context - Southeast Asia is becoming a new hotspot for manufacturing development due to ongoing global supply chain restructuring [1] - The region is experiencing accelerated progress in smart manufacturing and green transformation driven by both policy initiatives and market demand [1] - IME2026 aims to help companies accurately reach target customers, expand business networks, and integrate into local sustainable industrial ecosystems by gathering high-quality regional resources [1]

公司研究 证 券 研 究 报 告 格力电器（000651）重大事项点评 强推（维持） 主营承压下盈利能力改善，制造体系持续夯实 事项： ❖ 2025 年 11 月，工信部公示《2025 年度领航级智能工厂项目培育名单》，格力 电器旗下"全价值链格力协同屋空调智能工厂"项目入选（全国首批仅 15 家）， 公司智能制造能力与示范效应获得国家级层面认可。 评论： ❖ 风险提示：新品开拓不及预期、原材料价格上涨。 [ReportFinancialIndex] 主要财务指标 | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入(百万) | 190,038 | 179,515 | 187,740 | 196,561 | | 同比增速(%) | -7.3% | -5.5% | 4.6% | 4.7% | | 归母净利润(百万) | 32,185 | 30,058 | 32,279 | 34,156 | | 同比增速(%) | 10.9% | -6.6% | 7.4% | 5.8% | | 每股盈利(元) | 5.75 | 5. ...

工业和信息化部装备工业一司解读《实施方案》时介绍，《实施方案》提出实施"六大行动"，涵盖15项 重点任务。一是诊断评估与改进提升行动，完善诊断评估体系，推动企业开展自评与诊断，加强行业内 外交流与经验推广。二是汽车零部件中小企业数字化转型赋能行动，梯次推进零部件中小企业数字化转 型，引导工业互联网深度应用，推动供应链数字化协同升级。三是典型场景与人工智能应用示范行动， 精准培育行业典型场景与解决方案，加速关键环节人工智能应用拓展。四是产业主体梯度培育与矩阵构 建行动，持续开展智能工厂梯度培育和推广，构建汽车行业专业化服务商资源矩阵。五是标准体系完善 与互联互通保障行动，加强标准体系建设和关键标准研制，以标准化保障数据互联互通。六是关键技术 攻关与基础能力强化行动，加强关键技术产品攻关，强化专用算力及先进通信基础能力建设，完善数据 安全保护体系与技术能力。 《实施方案》还公布了典型场景清单，就研发、生产、供应链、销售和服务五个环节提出了智能协同研 发、基于模型的系统工程、柔性敏捷生产等8项数智化典型场景，并按各场景分别提出了改造目标、实 现方式和需要条件，为行业企业实践提供参考指引。 12月30日，工业和信息化 ...

到2030年，数字化与业务深度融合；大中小各类企业数字化协调发展，供应商体系不断健全；基本 建成匹配行业发展水平的数字化公共服务体系，支撑保障水平大幅提升。 方案提出实施"六大行动"，涵盖15项重点任务。具体内容包括，鼓励建设汽车行业5G工厂，推 广"5G+工业互联网"典型应用场景；支持汽车行业可信数据空间建设，推进整车与零部件、交通物流等 企业在研发设计、生产制造、仓储物流等关键环节实现数据共享互通；重点攻关仿真设计、研发测试、 中间件与操作系统等基础软件，智能机器人、智能检测设备等关键装备等。 【纠错】 【责任编辑:邱丽芳】 新华社北京12月30日电（记者唐诗凝）工业和信息化部等四部门30日发布《汽车行业数字化转型实 施方案》，提出到2027年，整车标杆企业智能制造能力成熟度等级提升一档，零部件企业数字化水平显 著提升；到2030年，行业整体数智化发展达到较高水平。 具体来看，方案提出，到2027年，研发设计工具普及率超95%，关键工序数控化率超70%；行业全 员劳动生产率较2025年提升10%，产品研发周期及交付周期缩短20%；打造可复制推广的智能工厂样 板，培育20家以上行业智能制造系统解决方案供应商 ...

Core Viewpoint - The Ministry of Industry and Information Technology, along with other departments, has issued a digital transformation implementation plan for the automotive industry, focusing on smart manufacturing and the integration of new technologies like artificial intelligence to enhance supply chain resilience and safety. Group 1: Development Goals - The plan outlines two phases of development: by 2027, deep integration of digital technologies in various business processes is expected to significantly improve manufacturing maturity and efficiency, while by 2030, the overall digital transformation of the industry should reach a high level [1][2] - Specific targets for 2027 include elevating the smart manufacturing capability of benchmark vehicle manufacturers, achieving over 95% penetration of R&D design tools, and a 10% increase in overall labor productivity compared to 2025 [2] Group 2: Key Actions - The plan includes six major actions and 15 specific requirements, such as diagnostic assessments, empowering small and medium-sized enterprises (SMEs) in digital transformation, and promoting typical scenarios and AI applications [2] - It emphasizes the establishment of industry alliances to support the digital and smart manufacturing development of both large and small enterprises [3] Group 3: Digital Transformation for SMEs - The plan advocates for a phased approach to digital transformation for automotive parts SMEs, focusing on upgrading equipment and implementing key technology updates [4] - It encourages the construction of 5G factories and the promotion of "5G + Industrial Internet" applications, aiming to enhance collaboration across the supply chain [4] Group 4: AI and Smart Manufacturing - The plan aims to cultivate typical scenarios and solutions for AI applications, particularly in software development, intelligent process planning, and virtual debugging [4] - It promotes the large-scale application of intelligent robots in welding, painting, and assembly processes, establishing demonstration production lines for embodied intelligence in the automotive sector [4]

12月30日，工业和信息化部、教育部、市场监管总局、国家数据局四部门发布消息，已于近期联合印发 《汽车行业数字化转型实施方案》(以下简称《实施方案》)，明确提出到2027年和2030年两阶段发展目 标，部署六大重点行动，进一步为我国汽车行业数字化、网络化、智能化转型划定"路线图"。 《实施方案》显示，到2027年，整车标杆企业智能制造能力成熟度等级提升一档，零部件企业数字化水 平显著提升，研发设计工具普及率超95%，关键工序数控化率超70%；行业全员劳动生产率较2025年提 升10%，产品研发周期以及交付周期缩短20%；打造可复制推广的智能工厂样板，培育20家以上行业智 能制造系统解决方案供应商；形成适合产业特征、国际先进的数字化转型和智能制造标准体系、技术供 给体系与人才培训体系。到2030年，行业整体数智化发展达到较高水平，数字化与业务深度融合；大中 小各类企业数字化协调发展，供应商体系不断健全；基本建成匹配行业发展水平的数字化公共服务体 系，支撑保障水平大幅提升。 汽车产业作为国民经济的重要支柱产业，产业链长、涉及面广、关联带动性强，是制造业数字化转型的 重点领域。近年来，我国汽车行业数字化转型持续深化 ...

Core Viewpoint - Dongfang Measurement and Control has successfully submitted its IPO application to the Sci-Tech Innovation Board, aiming to raise 1.1 billion yuan for the smart mining sector, leveraging multiple core technologies to provide intelligent online detection and analysis equipment, intelligent control systems, and related services [1][8]. Company Overview - Established in 1995, Dongfang Measurement and Control is a high-tech enterprise that offers intelligent online detection and analysis equipment, intelligent control systems, and related services across various industries, including non-ferrous and ferrous metal mining, coal, cement, metallurgy, wind power, and petrochemicals [4][11]. - The company serves over 100 major state-owned and private enterprises, including China Energy Group, State Power Investment Corporation, and China Baowu Steel Group [4][11]. - Revenue figures for the reporting period (2022-2024 and the first half of 2025) are as follows: 603 million yuan, 521 million yuan, 567 million yuan, and 211 million yuan, with net profits of 93 million yuan, 75 million yuan, 73 million yuan, and 4.3 million yuan respectively [4][11]. IPO Fund Utilization - The IPO aims to raise 1.1 billion yuan, which will be allocated to three main areas: production, research, and sales [5][12]. - The "Intelligent Online Analyzers, Equipment, and Control Systems Industrialization Project" will enhance the application and industrialization of new technologies and core component production capabilities [5][12]. - The "R&D Center Construction Project" will upgrade research and testing equipment to improve efficiency and strengthen technological advantages [5][12]. - The "Sales Service Center Project" focuses on improving the marketing system and enhancing customer service response capabilities [5][12]. Industry Environment - The IPO coincides with a rapid development phase for the smart mining industry, supported by government policies aimed at promoting safety and resource security [6][13]. - Recent policies from the National Development and Reform Commission and the Ministry of Industry and Information Technology encourage the development of intelligent detection equipment and outline goals for smart mining construction [6][13]. - The smart mining industry is entering a high-growth phase, with projections indicating that the market will exceed 2.4 trillion yuan by 2030, with an average annual growth rate of over 15% [6][13]. Technological Advancements - Dongfang Measurement and Control has successfully overcome several critical technologies in the smart mining sector, being the only company in China to master neutron activation online detection technology and achieve large-scale industrialization [7][14]. - As of June 2025, the company holds 203 patents, including 49 invention patents, with several technologies recognized as internationally leading by authoritative organizations [7][14]. - The company's overall smart mining solution has been included in the first batch of advanced applicable technologies by the Ministry of Industry and Information Technology, further solidifying its technological barriers [7][14].