以汽车制造为例，"十四五"期间广州累计生产智能网联新能源汽车225万辆。作为广州的优势产业， 《规划》提出以南沙、黄埔、花都、番禺等区为依托，推动传统车企向智能网联新能源转型，研发新一 代模块化高性能整车平台，攻关纯电动汽车底盘一体化设计，突破整车智能能量管理控制、轻量化、低 摩阻等共性节能技术，提升电池管理、充电连接、结构设计等安全技术水平。聚焦新能源汽车研发、制 造和服务全价值链环节，加快形成动力电池、驱动电机、电控及燃料电池电堆系统等关键总成的产业链 条，在"三电"及传感器、专用芯片等领域形成领先优势。 1月8日，记者从广州市人民政府网站获悉，广州市人民政府办公厅印发《广州市加快建设先进制造业强 市规划(2024—2035年)》，提出到2030年，广州先进制造业强市建设迈上重要台阶，现代化产业体系建 设取得显著进展，产业体系整体效能明显提升，形成万亿带动、千亿支撑、百亿跃升的新格局。产业结 构不断优化，质量效益大幅跃升，数智化、绿色化水平显著提升，在部分重点领域引领全球产业发展， 迈入全球价值链中高端，建设若干世界级先进制造业集群，建成先进制造业强市。 在重点产业方向方面，《规划》提出推动先进制造业和现 ...

异动分析 来源：新浪证券-红岸工作室 12月18日，超研股份涨1.07%，成交额2351.88万元，换手率1.85%，总市值93.38亿元。 区间今日近3日近5日近10日近20日主力净流入28.43万-225.13万-437.22万-818.84万-2505.42万 宠物经济+医疗器械概念+水利+人民币贬值受益+注册制次新股 1、2025年3月8日官微：SIUI于3月3日至5日参加了第97届WVC年会。在此次盛会上，SIUI展出了我们 在宠物、马匹和家畜方面的创新兽用医学影像成果，与行业专家就动物医疗保健的发展进行了交流，并 在与一线从业者的交流中获得了宝贵的用户见解。 2、汕头市超声仪器研究所股份有限公司的主营业务是从事医学影像设备、工业无损检测设备的研发、 生产和销售；公司主要产品包括掌上式无线彩超、便携式彩超、推车式彩超、全容积乳腺超声成像系 统、全数字超声显像诊断仪、便携式X射线机、便携式数字化X射线摄影系统、数字超声探伤仪、超声 成像检测仪、自动检测装置和探头、医用超声探头、工业无损检测探头； 3、2025年7月24日互动易：公司的工业超声产品，在水电工程方面主要应用于管道管线，发电汽轮机， 压力容 ...

Global Market Overview - The global equity markets showed mixed performance in the week of September 22-26, 2025, with US, Hong Kong, and Indian markets declining, while the Eurozone and Japanese markets performed better, with the Tokyo Stock Exchange Index rising by 1.25% [2][8] - The Indian SENSEX30 index saw a PE drop of over 1x, currently positioned at a relatively low valuation percentile [2][8] A-share Market Analysis - The A-share core indices experienced mild fluctuations, with the Shanghai Composite, CSI 100, and CSI 300 indices rising over 1%, significantly outperforming small-cap indices [22][23] - In terms of growth versus value, growth stocks significantly outperformed value stocks, with mid-cap and small-cap growth valuations increasing by over 0.4x [22][23] - The large-cap value indices showed relative superiority in the short to medium term, with average rolling percentiles for PE, PB, and PS at 49.5% and 75.4% for 1-year and 3-year periods, respectively [23][27] Industry Valuation Trends - Among primary industries, most sectors saw declines, with power equipment, electronics, and non-ferrous metals increasing by over 3%, while downstream consumer sectors declined [44] - The electronics sector experienced a PE expansion of over 2.4x, while the power equipment sector saw a PE expansion of 1.56x [44] Emerging Industries - There was a notable divergence in emerging industries, with biotechnology and green productivity sectors seeing more declines than gains, while semiconductor and integrated circuit sectors rose by over 6% [2][44] - The semiconductor sector had the largest PE expansion at +9.51x, while integrated circuits and new energy sectors expanded by 7.55x and 4.73x, respectively [2][44]

Core Insights - Longhua Automobile received a net financing inflow of 56.51 million yuan last week, ranking 186th in the market [1] - The company had a total financing purchase of 267 million yuan and repayment of 210 million yuan during the same period [1] Company Overview - Longhua Automobile Co., Ltd. was established in 2001 and is located in Baoding City, primarily engaged in the automotive manufacturing industry [1] - The registered and paid-in capital of the company is 848,655.9123 million yuan [1] - The legal representative of the company is Wei Jianjun [1] Investment and Business Activities - Longhua Automobile has invested in 75 external enterprises and participated in 2,584 bidding projects [1] - The company holds 5,000 trademark registrations and 5,000 patent registrations, along with 639 administrative licenses [1] Financial Flow and Market Performance - Over the past 5 days, the main capital inflow for Longhua Automobile was 30.63 million yuan, with a price increase of 0.96% [1] - Over the past 10 days, the main capital inflow was 41.99 million yuan, with a price increase of 0.86% [1] Conceptual Segments - Longhua Automobile is associated with various sectors including automotive manufacturing, new energy vehicles, hydrogen energy, and artificial intelligence [1]

Core Insights - Xianhui Technology has seen a net financing inflow of 16.35 million yuan last week, ranking 488th in the market, with a total financing purchase of 215 million yuan and repayment of 199 million yuan [1] Company Overview - Shanghai Xianhui Automation Technology Co., Ltd. was established in 2007 and is located in Shanghai, primarily engaged in the manufacturing of specialized equipment [1] - The company has a registered capital of 1.2548 billion yuan and a paid-in capital of 506.42 million yuan [1] - The legal representative of the company is Pan Yanqing [1] Investment and Business Activities - Xianhui Technology has invested in 8 companies and participated in 59 bidding projects [1] - The company holds 9 trademark registrations and 133 patents, along with 55 administrative licenses [1] Market Performance - Over the past 5 days, the main capital outflow from Xianhui Technology was 1.7043 million yuan, with a decline of 0.13% [1] - Over the past 10 days, the main capital outflow was 3.5307 million yuan, with a decline of 0.14% [1] Conceptual Segments - Xianhui Technology is associated with various sectors including batteries, Shanghai sector, specialized and innovative enterprises, stock connect, financing and securities lending, data elements, robotics, solid-state batteries, vehicle networking, new energy vehicles, artificial intelligence, Belt and Road Initiative, big data, and lithium batteries [1]

Core Viewpoint - The company, Shantou Ultrasonic Instrument Research Institute Co., Ltd., specializes in the research, development, production, and sales of medical imaging equipment and industrial non-destructive testing equipment, benefiting from the pet economy and the depreciation of the RMB [2][3]. Company Overview - Shantou Ultrasonic Instrument Research Institute Co., Ltd. was established on November 15, 1982, and went public on January 22, 2025. It is recognized as a national key high-tech enterprise [7]. - The company's main business revenue composition includes: medical ultrasound 50.32%, industrial ultrasound 19.04%, X-ray 16.30%, accessories 12.52%, and others 1.82% [7]. Financial Performance - For the period from January to March 2025, the company achieved operating revenue of 98.43 million, representing a year-on-year growth of 28.69%, and a net profit attributable to shareholders of 39.32 million, with a year-on-year increase of 47.70% [8]. - As of March 31, 2025, the company had a total of 26,800 shareholders, a decrease of 46.67% from the previous period, with an average of 2,047 circulating shares per person, an increase of 87.50% [8]. Market Position and Trends - The company participated in the 97th WVC annual meeting, showcasing its innovative veterinary medical imaging achievements and engaging with industry experts [2]. - The company has a significant overseas revenue share of 55.26%, benefiting from the depreciation of the RMB [3]. Technical Analysis - The average trading cost of the company's shares is 28.01, with the current stock price near a support level of 28.08, indicating potential for a rebound if the support level holds [6].

Core Viewpoint - The rapid advancement of electronic technology is driving the demand for efficient thermal management materials and innovative solutions across various sectors, including consumer electronics, 5G, AI, and more, to ensure product efficiency, reliability, safety, and durability [1]. Group 1: Conference Information - The 6th Thermal Management Industry Conference and Exposition (iTherM 2025) will be held from December 3-5, 2025, at the Shenzhen International Convention and Exhibition Center, focusing on the theme of "Fusion and Innovation" [2]. - The conference aims to provide a one-stop, high-efficiency value service platform for the thermal management industry, leveraging advancements in electronic information, new materials, and green technologies [2][3]. - The event is expected to attract over 2000 participants and 350 exhibitors, covering an exhibition area of 20,000 square meters [2]. Group 2: Focus Areas - iTherM 2025 will emphasize intellectual property, entrepreneurial projects, and innovative technologies that can transition from the lab to the market, promoting collaboration among government, industry, academia, and research institutions [3]. - The conference will feature over 20 activities, including keynote speeches, roundtable discussions, and case studies, aimed at fostering professional communication and collaboration in the thermal management field [2]. Group 3: Agenda Highlights - The conference will address current challenges and future opportunities in the thermal management industry, clarifying market dynamics and technological trends to support high-quality industrial development [5]. - Key topics will include thermal science, functional materials, technology applications, and engineering solutions, with specialized sessions on areas such as liquid cooling technology, power device thermal management, and data center thermal management [5][12].

Group 1 - The "14th Five-Year Plan" is approaching its conclusion, with a focus on stabilizing employment, enterprises, markets, and expectations to ensure high-quality development [2][4] - The completion of major projects, such as the Yebatan Hydropower Station, is crucial for economic recovery, with efforts to enhance construction efficiency and ensure timely production [3][4] - Various regions are implementing targeted measures to stimulate consumption and support enterprises, including financial incentives and local initiatives [5][6] Group 2 - The development of new advantages is emphasized, particularly in the artificial intelligence sector, with significant investments and support for innovation ecosystems [7][8] - Financial institutions are adapting to support technology-driven enterprises, with increased funding for innovation and technology transformation [8] - The ongoing reforms in the Sci-Tech Innovation Board aim to enhance support for high-quality, unprofitable tech companies, reflecting a commitment to fostering innovation [9][10] Group 3 - The commitment to deepening reform and opening up is evident, with new policies to enhance market access and attract foreign investment [12][13] - International perceptions of China's economic prospects are improving, with forecasts for economic growth being revised upward by major financial institutions [13][14] - The emphasis on high-quality development and the ability to meet the goals of the "14th Five-Year Plan" is seen as a foundation for future economic stability [14]

Group 1 - The stock of Electric Science and Technology Network (科网安, 002268) increased by 9.99%, reaching a 60-day high of 17.83 yuan, with a turnover rate of 4.65% and a trading volume of 393,100 hands, resulting in a transaction value of 694 million yuan [1] - The stock is associated with various concepts including blockchain, domestic chips, quantum communication, and digital economy, among others [1] - On June 19, the net inflow of main funds was 258 million yuan, accounting for 37.13% of the total transaction value, while retail investors experienced a net outflow of 115 million yuan, representing 16.6% of the total transaction value [1] Group 2 - According to the Q1 2025 fund report, the only public fund heavily invested in Electric Science and Technology Network is the Penghua Quantitative Pioneer Mixed Fund, which holds 20,700 shares [2] - The Penghua Quantitative Pioneer Mixed Fund has a total scale of 69 million yuan and a latest net value of 1.292, which decreased by 0.22% from the previous trading day, with a one-year increase of 3.74% [2] - The top ten holdings of the Penghua Quantitative Pioneer Mixed Fund include Electric Science and Technology Network, which constitutes 0.49% of the fund's net value [3]

Market Overview - The A-share market showed mixed performance today, with the Shanghai Composite Index down by 0.23% closing at 3279.03 points, while the Shenzhen Component Index rose by 0.51% to 9899.82 points, and the ChiNext Index increased by 0.83% to 1948.03 points [1][10] - Overall, 3443 stocks rose and 1766 stocks fell, with a total trading volume of 11693 billion yuan, an increase of approximately 147.2 billion yuan compared to the previous trading day [1] Industry Performance - Among the Shenwan first-level industries, the leading sectors included Computer, Automobile, Media, Electronics, and Machinery Equipment, with gains of 2.33%, 1.59%, 1.39%, 1.31%, and 1.30% respectively [1][10] - Conversely, the sectors that experienced declines included Banking, Steel, Building Materials, Transportation, and Public Utilities, with losses of 2.09%, 1.35%, 0.82%, 0.77%, and 0.72% respectively [1][10] Concept Sector Performance - The top-performing concept sectors today were Smart Speakers, Operating Systems, and Auto Parts, among others, showing significant gains [2][12] - In contrast, sectors such as Banking, High Send Transfer, and Cobalt Mining experienced declines [12]