在"科技—产业"循环上，应构建市场化的价值发现与风险共担新机制。一是建立健全专业化、市场化的 技术转移体系。大力培育独立第三方技术评估与转移机构，建立职业化技术经理人队伍。深化科研院所 科技成果使用权、处置权和收益权改革，将技术交易额、转化收益等市场绩效指标作为科研人员职称评 定和绩效考核的重要依据，从根本上扭转科研"重研发、轻转化"的导向。二是设立覆盖创新全链条的公 共风险分担平台。由政府牵头，联合龙头企业、金融机构设立非营利性的概念验证中心与中试风险补偿 基金，为早期技术项目提供种子资金、原型开发和商业化路径指导，以共担风险的方式降低跨越"死亡 之谷"的门槛。三是优化国有资本在创新体系中的功能定位与考核机制。实施差异化、长周期的考核评 价体系，将当前的年度考核模式逐渐转向与重大项目周期匹配的3—5年任期考核。同时，加快建立清晰 的创新容错机制，明确在程序合规、尽职调研的前提下，因技术路线不确定性导致的投资损失可予免 责，激发管理者支持长期创新的积极性。 ■罗立 蔡之兵 建设现代化产业体系、加快高水平科技自立自强和加快建设金融强国是党的二十届四中全会和"十五 五"规划建议提出的三大重要任务，三者的重要性不仅 ...

"逼一下，就闯出来了。" 新晋中国科学院院士尹周平，常把这句话挂在嘴边。12月18日，面对长江日报记者，他再次这样说道。话语朴素，背后却是23年心无 旁骛的攻关。 2002年，他博士后出站，一头扎进芯片制造装备的"无人区"。路在何方？不知道。他只管埋头，一寸寸地凿。 2025年，他牵头研发的核心装备，在武汉新芯集成电路股份有限公司（以下简称武汉新芯）产线上稳定运行。下一站，是长江存储科 技有限责任公司（以下简称长江存储）——这家曾经历断供考验的企业，如今已凭独创技术，反向授权国际巨头。 关键核心技术是要不来、买不来、讨不来的。12月10日，习近平总书记在中央经济工作会议上指出，"实践证明，对我们'卡脖子'是卡 不住的"。 从实验室微光到产业高地，武汉在全球科技前沿的陡峭山壁上，蹚出了一条自主创新的中国"芯"路。 （一） 一条属于中国的闪存新路 8月6日，长江存储官方微信公众号发布年内首条推送，也是近5年来，除必要声明外的首次主动更新。 内容虽简，分量却很重：其独创的晶栈®Xtacking®4.0架构，在全球内存与存储行业顶级盛会上荣获"最具创新存储技术奖"。 中国架构，赢得了全球业界的认可。 时间拨回到201 ...

向新而兴，提质升级。"十四五"期间，中国银行山东省分行（以下简称"山东中行"）紧紧围绕山东产业 特点，立足传统产业改造提升、新兴产业培育壮大、未来产业超前布局，创新金融服务模式，为科创企 业全生命周期精准输送金融活水。截至11月末，山东中行科技金融贷款余额突破1330亿元，服务覆盖 6800余户科技型企业。 前瞻布局，金融呵护商业航天 从火箭制造到卫星应用，从"仰望星空"到布局星网，山东省商业航天产业依托海阳东方航天港，形 成"海上发射+配套制造+卫星应用"全链条产业链。 信创国产化是当前我国信息技术领域的一个重要发展方向，旨在通过自主研发和创新，实现信息技术应 用的自主可控，减少对外部技术的依赖，并规避潜在的技术制裁和风险。 山东中行持续聚焦国家战略新兴领域，紧盯"卡脖子"技术壁垒创新突破，在对"信创"领域持续研究过程 中，将某技术公司锁定为目标客户。了解到企业付款需求后，山东中行第一时间上门对接，深入研究行 业现状及前景，充分验证企业收入增长合理性及未来市场表现，高效为企业批复授信，成为主要同业首 家获批授信的机构。 作为空天产业链主企业之一，某科技公司以空天信息产业布局为主营业务，围绕空天信息产业上下游 ...

从股权结构来看，公司创始人、技术领军人物姚力军先生直接持有同创普润17.61%的股权，为公司的控股股东。 启动IPO辅导，是同创普润发展历程中的一个重要里程碑。在全球半导体产业格局深刻调整、供应链自主可控需求日益迫切的背 景下，同创普润作为国内半导体材料领域的"排头兵"，其上市进程备受市场关注。 高纯金属材料是半导体芯片、显示面板、航空航天、新能源等战略性新兴产业的基石，其技术门槛极高，市场曾长期被少数美 日企业所垄断。同创普润凭借深厚的技术积累和持续的创新投入，实现了从追赶者到并跑者乃至部分领域领跑者的跨越。 作为江丰电子的重要合作伙伴与国内核心供应商，同创普润联合开发的多款超高纯金属溅射靶材，已成功导入全球顶尖的晶圆 制造厂供应链，广泛应用于AI芯片等高端电子产品制造。其中，由双方合作开发的超高纯铝、铜、锰等靶材，在全球市场份额 已超过40%，位居世界首位，彰显了强大的技术竞争力和市场认可度。 公司的快速发展也获得了资本的持续青睐。今年10月，同创普润成功完成了规模超过十亿元人民币的Pre-IPO轮融资，吸引了尚 颀资本、上汽金控（上汽集团战略直投基金）等知名产业投资方的联合参与。此次融资将为公司进一步加 ...

12月12日，上交所上市审核委员会召开2025年第63次审议会议，审议有研金属复合材料(北京)股份公司(简称"有研复材")首发事项，最终公司顺利过会。 有研复材起源于1992年成立的国家复合材料工程中心，公司通过自主研发建成国内第一条年产400吨的铝基复合材料粉末冶金生产线。作为国内从事金属基 复合材料产业化的国家队，有研复材面向航空航天领域对轻量化、高强高韧新材料的需求，军工电子领域客户对高导热、功能结构一体化新材料的需求，开 发出高强韧铝基复合材料和高导热铝基复合材料，技术水平达到国际领先，实现进口替代，满足了国家重大型号研制和生产的紧迫需求，在保供和解决"卡 脖子"问题方面发挥重要作用。 金属复合材料及制品领域，目前，有研复材金属基复合材料产品主要为铝基复合材料。公司主要产品中的航空锻件已批量应用于直升机和固定翼飞机，实现 我国航空领域关键零部件的首次应用和进口替代，公司成为国内该类产品的唯一供应商。近年来，公司基于在金属基复合材料领域的技术积累，开创性地研 发出超薄手机电池仓产品，首次实现铝基复合材料在智能手机上千万数量级的大规模应用。公司硅铝复合材料系列产品应用于军用电子封装领域，实现进口 替代。公 ...

Group 1 - The article discusses the importance of domestic innovation in various sectors, including agriculture, semiconductor manufacturing, and biotechnology, to overcome reliance on foreign technology and ensure national food security [1][6][10] - The narrative highlights the achievements of Chinese scientists and engineers who have made significant breakthroughs in their respective fields, such as the development of domestic breeds of chickens and advancements in semiconductor equipment [4][9][10] - The emphasis is placed on the need for youth to engage in these industries, with educational institutions encouraging students to pursue careers in high-demand sectors like chip manufacturing and biotechnology [14] Group 2 - The success story of the domestic breeding of chickens is presented, showcasing how the team led by Wu Guqin developed the first domestic breed, achieving a market share of 60% in China and exporting varieties to Africa [8][9] - The article details the efforts of engineers in the semiconductor industry who have successfully developed key manufacturing equipment, reducing costs and increasing domestic production capabilities [10][11] - The narrative underscores the role of educational institutions in fostering a culture of innovation and patriotism among students, aligning their career aspirations with national needs [12][14]

Core Viewpoint - High-speed resin, a core material for printed circuit boards (PCBs), is experiencing significant growth and opportunities for import substitution in the market [1][3]. Company Performance - In the first half of this year, the revenue from high-speed resin business of Dongcai Technology increased by approximately 123% year-on-year to nearly 250 million yuan, contributing to an overall gross margin increase of about 8 percentage points to 19.96% in the electronic materials segment [1]. - The company has seen substantial growth in its electronic materials business, with revenues projected to reach 1.07 billion yuan in 2024, up from 780 million yuan in 2022 and 820 million yuan in 2023 [7]. Product Development - Dongcai Technology has developed high-end M9-level hydrocarbon resin with a dielectric loss (Df) reduced to approximately 0.0005, which has passed rigorous testing and is now in mass production [1]. - The company is also advancing its M10-level hydrocarbon resin, achieving a Df of about 0.00035, with samples sent to end customers for testing [5]. Market Outlook - The global market for high-speed resin used in servers is estimated to reach approximately 2 billion yuan in 2025 and is expected to grow rapidly to between 5 billion and 8 billion yuan by 2026, indicating a significant acceleration in industry demand [3]. - The M9-level hydrocarbon resin is anticipated to reach an annual demand of around 1,000 tons once the market matures, while the M10-level product is expected to have considerable growth potential [6]. Diversification and Strategic Positioning - Dongcai Technology has diversified its product offerings beyond electrical insulation materials to include new energy materials, optical film materials, and electronic materials, with each segment contributing approximately 9.1%, 27.3%, 26.2%, and 28.3% to total revenue, respectively [8]. - The company has positioned itself as a leading domestic manufacturer of optical base films, with revenue from optical film materials increasing by 25.1% year-on-year to 640 million yuan in the first half of this year [9]. R&D and Strategic Initiatives - The company emphasizes forward-looking strategic planning and strong R&D investment as key factors for its success in navigating market challenges and filling domestic market gaps in critical materials [12].

Group 1 - The event held in Foshan on September 27, 2025, facilitated face-to-face discussions between 24 promising startup projects seeking funding and 12 well-known investment institutions, resulting in a total intended investment amount of 185 million yuan [2][5][12] - The projects presented at the event spanned various sectors, including new materials, renewable energy, artificial intelligence, healthcare, equipment manufacturing, aerospace, military, and modern services, focusing on strategic emerging industries with innovative technologies [5][12] - The event utilized an efficient "5+5+1" format, allowing for quick project introductions, discussions, and expressions of investment interest, which led to significant capital attention for many startups [5][12] Group 2 - The "next-generation strategic emerging high-end membrane materials" project attracted interest from six investment institutions, with the highest intended investment amount reaching 90 million yuan, contributing to a total of 185 million yuan in intended investments [12] - The "multi-loop feedback puncture intervention surgery control system" project received interest from three investment institutions, with a maximum intended investment of 50 million yuan, totaling 85 million yuan [12] - The "precise fluid control technology for dual-use industrialization" project garnered a maximum intended investment of 40 million yuan, highlighting the effectiveness of the direct engagement format for startups [12]

Core Viewpoint - The successful development of the 36,000-ton vertical extrusion press by China North Heavy Industries Group represents a significant breakthrough in China's high-end manufacturing capabilities, overcoming previous reliance on foreign technology and equipment [1][5][7]. Group 1: Challenges in High-End Manufacturing - In 2006, China's high-end manufacturing faced significant challenges, particularly in the production of large, complex components required for major national projects, which were largely dependent on foreign technology [2][3]. - The lack of domestic manufacturing capabilities and reliance on a 3,150-ton horizontal extrusion press highlighted the "bottleneck" issues in the industry [2]. Group 2: Development Journey - The development of the 36,000-ton vertical extrusion press was led by Lei Bingwang, who faced numerous challenges including a lack of technical solutions, manufacturing capabilities, and experience [3][4]. - The project involved innovative design and manufacturing techniques, aiming for a maximum extrusion pressure of 36,000 tons and a pipe diameter of 1.2 meters, marking a significant technical challenge [3][4]. Group 3: Achievements and Impact - The extrusion press successfully completed its first hot test in July 2009, producing seamless steel pipes with an outer diameter of 700 mm and a wall thickness of 100 mm, breaking the long-standing foreign monopoly [5]. - The press has been in stable operation for 15 years, achieving an annual working time of 8,200 hours and is recognized as a leading technology in the industry [5][6]. - The production line has significantly contributed to the domestic market, with P92 steel pipes being used in 85% of new ultra-supercritical thermal power units in the last three years [6]. Group 4: Future Directions - The successful development of the extrusion press is just the beginning; the focus is now on high-quality, low-consumption production techniques to enhance competitiveness against foreign pricing [6]. - Innovations in manufacturing technologies for high-performance, low-cost products are underway, including breakthroughs in G115 martensitic steel and support for major national engineering projects [6].

Core Viewpoint - The new materials industry in China is experiencing significant innovation and development, contributing to the country's economic growth and technological independence [1][2]. Group 1: Industry Development - The new materials sector is crucial for addressing "bottleneck" technologies and supporting the development of major national projects, receiving high-level attention and strategic planning from the government [2][6]. - In January 2024, the Ministry of Industry and Information Technology and six other departments issued guidelines emphasizing "future materials" as a key area for innovation and development [2]. - A number of listed companies in Shenzhen are focusing on critical areas such as carbon fiber, rare earth permanent magnets, and high-end special steel, aiming to build a self-sufficient industrial ecosystem [2][3]. Group 2: Company Examples - Weihai Guangwei Composite Materials Co., Ltd. has achieved full domestic production of carbon fiber, breaking international monopolies and expanding into new applications through significant R&D investment [3][4]. - Jiangxi Jinli Permanent Magnet Technology Co., Ltd. leads in high-performance neodymium-iron-boron production and has strategically entered the robotics rotor business, leveraging patents and equity incentives for material upgrades [3]. - CITIC Pacific Special Steel Group has developed a range of special steel products and is committed to green and low-carbon practices, contributing to the industry's advancement [3]. Group 3: Capital Market Support - The capital market plays a vital role in supporting new materials companies in overcoming technical challenges and expanding their scale, acting as a "booster" and "incubator" for the industry [6][7]. - Jinli Permanent Magnet has utilized capital market resources for strategic acquisitions, enhancing its supply chain and ensuring sustainable development [6]. - CITIC Special Steel has raised funds through convertible bonds to support key projects aimed at optimizing its product system and enhancing competitiveness in the high-end steel market [6][7]. Group 4: Future Outlook - Companies are committed to leveraging diverse capital market tools to empower technological innovation and industrial upgrades, aiming for breakthroughs in "bottleneck" technologies and enhancing global competitiveness [7]. - The focus on green and intelligent manufacturing, along with the pursuit of differentiated product advantages, is expected to strengthen the resilience and core competitiveness of companies in the new materials sector [7].