（原标题：高新技术"佼佼者"！5只筹码高度集中的绩优潜力股出炉） 高新技术企业在催生和壮大新质生产力过程中发挥着不可替代的支撑作用。目前，A股市场中，高新技 术企业占比已超六成。证券时报·数据宝从技术实力和二级市场等维度进行盘点，梳理出高新技术企业 中的"佼佼者"。 据数据宝统计，近一年来，由中原证券、中信建投、招商证券等62家券商机构研报覆盖公司中，属于科 技类、高端制造业且标题含有"技术领先""技术突破""打破垄断"等关键字词的高新技术企业共有130家 （统称"技术领先公司"）。 根据券商研报的研究内容，上述130家公司中，有多家公司的核心技术有望打破垄断或聚焦关键产业， 据数据宝不完全梳理，这一类公司共有奕瑞科技、莱特光电、长阳科技等10家。 校对：吕久彪 从股东户数来看，这130家公司中，有11家最新股东户数较今年二季度末有所下降，4家公司下降幅度超 过10%，包括朗新集团、吉大正元、意华股份等。 结合机构一致预测数据来看，上述11家筹码集中公司中，股东户数下降幅度超过5%，且机构一致预测 2025年、2026年净利润增幅持续超过10%的公司仅有5家。 来源：人民财讯、数据宝 责编：万健祎 ...

证券日报网讯海伦哲（300201）9月26日发布公告，在公司回答调研者提问时表示，公司是高空作业 车、高空作业平台、电源车、配电车、消防车等国家标准或行业标准主导起草单位，在高空作业车轻量 化、大高度、智能化、绝缘型不停电作业方面始终引领行业发展，在中高端市场占据主要地位。公司始 终坚持"技术领先型的差异化"发展战略，高空作业车等多项产品国内技术领先，已实现绝缘车国产替 代，同时也已成为国内产品种类多、功能全，解决方案完备的电力应急保障车系统提供商。公司全资子 公司格拉曼是国家认定的定点研发生产和销售消防车、军用特种车辆的企业，拥有百年历史，是我国消 防车行业的骨干企业，具有罐式类、举高类、特种类等消防车产品和特种应急救援、洗消类军用装备的 生产资质，目前拥有系列水罐泡沫消防车、抢险救援消防车、城市主战消防车、举高消防车、登高消防 车、其他特种消防车、消防机器人、各类特种应急救援、洗消装备等近百种型号的产品；在基础设施、 设备与研发、生产能力和检测试验条件等方面达到了国内同行业领先水平，具有年产各类装备2000余台 的能力。 ...

Core Viewpoint - The company aims to adhere to a development path of "technological leadership and green low-carbon" while leveraging technological innovation to drive comprehensive innovation [1] Group 1: Technological Innovation - The company plans to fully utilize technological innovation to transform its technological advantages into product, service, brand, and competitive advantages [1] - Emphasis will be placed on developing high-end products such as electrical steel, automotive sheets, and tinplate in response to emerging industry demands [1] Group 2: Sustainable Development - The company is committed to enhancing the manufacturing service level and operational efficiency of steel materials while implementing low-carbon action plans [1] - The focus on low-carbon sustainable development is a key aspect of the company's future strategy [1]

Group 1 - Dongwu Securities issued a report on September 18, giving a "Buy" rating to Jiabiyou (688089.SH) [1] - The rating is based on three main reasons: diversified layout, technological leadership, and increasing demand [1] - The company is focusing on both internal and external growth strategies [1] Group 2 - The report highlights a dual-driven approach that emphasizes technological advancement [1] - There are concerns regarding market competition and rising raw material costs [1]

Core Viewpoint - The company reported stable performance in the first half of 2025, with revenue and net profit showing modest growth, indicating a resilient operational environment despite some fluctuations in quarterly results [1][2]. Financial Performance - In the first half of 2025, the company achieved operating revenue of 15.328 billion yuan, a year-on-year increase of 11.19%, and a net profit attributable to shareholders of 2.084 billion yuan, up 0.51% year-on-year [1]. - For Q2 2025, the company recorded operating revenue of 7.403 billion yuan, a year-on-year increase of 6.37%, but a quarter-on-quarter decrease of 6.59%. The net profit attributable to shareholders was 1.026 billion yuan, reflecting a year-on-year decline of 24.2% and a quarter-on-quarter decrease of 3.02% [2]. Production and Sales - The company maintained stable production levels, with an electrolytic aluminum output of 585,400 tons, remaining flat year-on-year. The alumina output increased by 9.76% to 1,199,900 tons. The self-generated electricity was approximately 6.602 billion kWh, and the anode carbon output was 272,600 tons, up 1.38% year-on-year [2]. - The sales of key products were robust, with external sales of electrolytic aluminum and alumina increasing by approximately 2% and 7% year-on-year, respectively [2]. Cost Control and Integration - The company achieved significant cost control through integrated development in the aluminum industry chain, with the average selling price of self-produced electrolytic aluminum at approximately 20,250 yuan/ton (including tax), up about 2.8% year-on-year, and alumina at approximately 3,700 yuan/ton (including tax), up about 6% year-on-year [3]. - The integrated cost of electrolytic aluminum remained stable at 13,900 yuan/ton. The company effectively managed cost increases in anode carbon due to regional advantages and price adjustments [3]. - The company is progressing well with a green low-carbon efficiency enhancement project for 1.4 million tons of electrolytic aluminum, utilizing advanced energy-saving technologies, with the first batch of aluminum ingots expected by December 2025 [3]. Investment Outlook - The company's strategy of "resource self-sufficiency + technological leadership" is expected to provide strong support for stable growth in future performance. Earnings per share are projected to be 1.03 yuan and 1.21 yuan for 2025 and 2026, respectively, corresponding to price-to-earnings ratios of 7.36 and 6.24 based on the closing price on August 29 [4].

Core Insights - Technological development does not always exhibit exponential growth; after initial breakthroughs, growth tends to slow down [1][4] - As the gap in foundational models narrows, the focus of industry competition shifts from "technological leadership" to "product experience," creating a window for startups to excel [1][7] - A product that fails to establish a strong data barrier or user experience moat is vulnerable to being integrated or replaced by foundational models [1][14] - AI will not change fundamental human needs but has the potential to reshape service delivery methods and service logic, leading to richer interactions and stronger system extensibility [1][15] Technological Development - Many have been influenced by the myth of "exponential growth" during the internet era, mistakenly believing that technological evolution is always accelerating [4] - For instance, ChatGPT's initial launch in late 2022 was met with extreme optimism, but within a year, the industry sentiment shifted to caution due to pre-training bottlenecks [4][5] - The gap between leading companies like Google, Anthropic, and OpenAI is not as significant as perceived, making it difficult to establish technical barriers and profitability [5] Product Experience and Market Dynamics - The current stage of AI development resembles the early days of mobile internet, where initial excitement gives way to a more rational assessment of value [9][11] - Companies are increasingly integrating large models into daily business scenarios, focusing on specific applications rather than general capabilities [7][12] - The emergence of numerous open-source models is akin to the explosive growth of the Android platform, with Chinese companies actively participating [9] Service Logic and Innovation - AI's ability to enhance existing demand efficiency rather than create new demand is crucial for long-term success [10][11] - The evolution of infrastructure, such as the rollout of 4G, significantly impacts the adoption and success of new technologies [11] - AI's development is currently at a stage similar to 2011, where initial excitement is tempered by the realization of limitations in general capabilities [11][12] Competitive Landscape - The phrase "model equals application" highlights a fundamental shift in the competitive landscape, where model upgrades can quickly render certain startups obsolete [14] - Companies that fail to build strong data barriers or user experience moats risk being integrated into foundational models [14][15] - AI's potential to fundamentally reconstruct service logic presents opportunities for startups that can innovate at the core service level [17]

Core Insights - The article highlights the rapid growth of the Chinese luxury electric vehicle brand Zeekr, which achieved the milestone of producing its 500,000th vehicle in just 44 months, setting a global record for luxury electric vehicles [4][11] - Zeekr's average vehicle price is approximately 300,000 yuan, indicating a shift from the traditional focus on cost-effectiveness to a value-driven approach in the luxury market [4][10] Group 1: Market Performance - Zeekr's 500,000th vehicle marks a significant achievement, showcasing its ability to scale production in the luxury electric vehicle segment and challenge established luxury brands [4][10] - The Zeekr 001 model has become the best-selling electric vehicle priced above 250,000 yuan in 2024, demonstrating its strong market acceptance [6][12] - The introduction of the Zeekr 009 model, priced at 789,000 yuan, positions it as a leader in the ultra-luxury four-seat electric vehicle category [8][12] Group 2: Product Strategy - Zeekr has successfully expanded the "shooting brake" market, with the Zeekr 001 accounting for 70% of global sales in this category, significantly increasing its influence [7][12] - The Zeekr 7X has achieved the title of the best-selling electric SUV priced above 200,000 yuan in China and has seen success in international markets, selling for over 400,000 yuan [10][12] - The upcoming Zeekr 9X aims to compete with high-end models like the Land Rover Range Rover and Mercedes-Benz GLS, indicating a strategic push into the luxury SUV segment [10][12] Group 3: Competitive Advantages - Zeekr's success is attributed to its technological advancements, including self-developed architectures and high-performance electric systems, which have redefined competitive standards in the industry [12][13] - The brand has effectively tapped into the evolving consumer preferences, emphasizing technology and smart features over traditional brand prestige [12][13] - Zeekr's integration within Geely's extensive supply chain and its investment in smart manufacturing have enhanced its production capabilities, allowing for efficient and high-quality vehicle delivery [13][15] Group 4: Future Outlook - The achievement of 500,000 vehicles is seen as a starting point for Zeekr, with plans for further growth and innovation in the luxury electric vehicle market [15] - The ongoing competition for "value definition rights" among global automakers suggests that Zeekr is well-positioned to lead the next phase of growth for Chinese automotive brands [15]

Core Viewpoint - Longi Green Energy has announced a significant management restructuring, with Li Zhenguo stepping down from his roles as director and general manager to focus on research and technology management, while the strategic direction of the company remains consistent [2][3][4]. Group 1: Management Changes - Li Zhenguo will concentrate on his role as the head of the Central Research Institute and Chief Technology Officer, leading the company's research and development efforts [4][6]. - Chairman Zhong Baoshan has taken over as the new general manager and legal representative of Longi Green Energy [3]. - The ownership structure remains unchanged, with Li Zhenguo and Li Xiyan holding a combined 19.10% stake in the company [3]. Group 2: Research and Development Focus - Longi Green Energy has significantly increased its R&D investment, reaching approximately 5 billion yuan in 2024, which accounts for 6.07% of its annual revenue [4]. - The company has achieved several breakthroughs in photovoltaic technology, including a world record for silicon battery conversion efficiency at 27.3% announced in May 2024 [4]. - Longi's commitment to maintaining a technological edge is underscored by its consistent R&D spending, which is higher than the industry average [6]. Group 3: Industry Context - The restructuring comes amid challenges in the photovoltaic industry, including overcapacity and financial losses in 2024 [5]. - Li Zhenguo emphasized the need for reflection and strategic adaptation in response to the industry's current difficulties, marking the company's 25th anniversary as a pivotal moment for reassessment [5][6]. - The company aims to navigate the industry's challenges by reinforcing its focus on technological innovation and maintaining a strong R&D foundation [6].

Core Insights - The company reported a significant decline in revenue for 2024, with total revenue of 7.613 billion yuan, a year-on-year decrease of 55.15% [1] - Despite the revenue drop, the company managed to reduce its net loss to 1.338 billion yuan, indicating an improvement compared to the previous year [1] - In Q1 2025, the company experienced a revenue growth of 5.90% year-on-year, reaching 2.004 billion yuan, with a slight recovery in gross margin [1] Financial Performance - The company's main product, phosphate-based cathode materials, saw a production volume of 236,600 tons in 2024, an increase of 15.31% year-on-year, while sales volume reached 225,700 tons, up by 5.52% [1] - The decline in overall performance was attributed to a significant drop in the prices of key raw materials, particularly lithium, and intensified market competition, leading to a substantial decrease in product prices and gross margins [1] R&D and Innovation - The company emphasized its commitment to research and development, investing 248 million yuan in R&D in 2024, focusing on key areas to enhance its technological leadership [2] - The company is advancing the development and mass production of new products, including next-generation lithium iron phosphate and high-performance additives, to strengthen its technological barriers [2] - The company aims to leverage five strategic pillars: customer enhancement, raw material cost reduction, manufacturing cost reduction, performance premium, and service value addition, to enhance its core competitiveness and ensure long-term sustainable growth [2]

Core Viewpoint - The company reported a slight increase in revenue but a significant decline in net profit for the first quarter, indicating potential challenges in profitability despite revenue growth [1][2]. Financial Performance - The company achieved operating revenue of 367.30 million yuan, a year-on-year increase of 1.2% [2]. - The net profit attributable to shareholders was 44.89 million yuan, down 18.21% compared to the previous year [2]. - The net profit after deducting non-recurring gains and losses was 36.67 million yuan, reflecting a decrease of 19.93% year-on-year [2]. - The net cash flow from operating activities was negative at -11.57 million yuan, a significant decline from a positive 10.65 million yuan in the same period last year [2]. - Basic and diluted earnings per share were both 0.37 yuan, down 19.57% from 0.46 yuan [2]. - The weighted average return on equity decreased to 1.11%, down 0.33 percentage points from the previous year [2]. Research and Development - The company increased its R&D investment to 45.77 million yuan, a 53.59% increase year-on-year [2]. - R&D expenditure accounted for 12.46% of operating revenue, up 4.25 percentage points from the previous year [2]. - The company has launched several new chip series, including the BT897X series, which features advanced capabilities for AI applications and improved power efficiency [2]. Strategic Outlook - The company aims to enhance its market competitiveness by diversifying its chip products to meet varying brand needs from entry-level to mid-to-high-end products [3]. - The strategic focus includes "AI empowerment, technological leadership, product diversification, and global market expansion" [3]. - The company plans to expand its product lines from eight to ten, including Bluetooth earphone chips, smart wearable device chips, and video chips [3]. - The company is committed to strengthening its domestic market presence while accelerating its overseas market expansion [3].