记者 王力 为何关注初创企业？记者了解到一个有趣的故事：25年前，达索系统就看到了传统汽车电气化转型 的可能性，但当时行业领先的车企普遍觉得这是"天方夜谭"。后来，初创的特斯拉选择与达索系统合 作，而达索系统的技术支持也成为其成功推出电动汽车的重要助力之一。 "10年前，我们在法国设立第一个实验室时，初期只能赋能100家创业企业。而上海实验室希望第一 年能够孵化达到1000家，未来也许可以超过1万家，其起步规模与美国的实验室相当。"在达索系统管理 层看来，中国和美国是当前全球最具创新潜力的国家之一，并且创新力量也呈现出相当的规模。 上海浦东，一粒科技创新的种子被种下——法国软件与服务企业达索系统全球第五个、中国首个 3DEXPERIENCE实验室近日启用。公司还成立了一家创业孵化器企业，将引入全球专家资源，在上海 构建协同创新生态系统。 上海乃至中国的高端制造业对这家外企颇为熟悉。从大飞机到大邮轮，当企业推进创新或者数字化 转型需要用到3D虚拟孪生技术时，达索系统的建模软件常成为关键解决方案之一。 达索系统乐见与上海以及中国创新力量的双向奔赴——"在助力当地生态发展的同时，达索系统也 将得到反哺，这是企业在全 ...

国内外市场积极拓展智能配用电业务，同时，新能源业务布局加速。报告期内，公司南非智能超声波水 表工厂正式投产运营，标志着公司智慧水务业务在非洲本地化发展迈出了关键一步。与此同时，公司在 亚洲、非洲、拉美均实现自有配网产品规模化中标，在中亚和非洲成功斩获变压器订单。并且，公司推 出融合边缘计算、人工智能、数字孪生技术的"Orca"平台10.0 版本，显著提升系统性能与海外解决方案 的竞争力，体现了其在智能电网领域的技术领先地位。在国内业务拓展方面，公司在国家电网和南方电 网用电计量产品统招中分别中标1.4 亿元和0.96 亿元，彰显其在国内市场的核心竞争力。在新能源布局 方面，公司已在非洲、拉美等多个弱电网地区中标中压微网及农业灌溉项目，完成中低压微电网解决方 案的自主研发；同时，南非智能超声波水表工厂正式投产，标志着公司在非洲本地化制造的重要突破， 进一步强化了其在全球智慧能源市场的协同能力和品牌影响力。 公司持续分红+股份回购，重视股东回报。报告期内，公司实施2024 年年度利润分配方案，现金分红总 额达3.38 亿元，延续了自2016 年以来连续9 年的现金分红记录，累计分红约23.06 亿元；此外，公司启 ...

Core Viewpoint - The industrial robot market is facing challenges in 2024, with a global decline in new installations and significant regional disparities, particularly highlighting China's growth amidst a global downturn [3][4]. Group 1: Global Market Trends - In 2023, global industrial robot installations decreased by 3% to approximately 523,000 units, with Asia down 2%, Europe down 6%, and the Americas down 9% [3]. - The automotive industry has seen a significant decline, while the electronics sector experienced slight growth. Other industries such as metals, machinery, plastics, chemicals, and food are in a growth phase [3]. Group 2: China's Market Performance - China is projected to install around 290,000 industrial robots in 2024, marking a 5% increase and raising its global market share from 51% in 2023 to 54% [3]. - The structure of installations has shifted, with general industrial applications rising from 38% five years ago to 53%, while the electronics sector's share dropped from 45% to 28% [3][4]. - China remains the largest industrial robot market globally for 12 consecutive years, with sales expected to reach 302,000 units in 2024 [4]. Group 3: Regional Comparisons - Japan's industrial robot installations fell by 7% to 43,000 units, with only the automotive sector showing an 11% increase [6]. - The U.S. market shrank by 9%, with the automotive sector contributing nearly 40% of installations [6]. - Europe experienced a 6% decline but still achieved a historical second-highest installation level at 86,000 units, with plastics, chemicals, and food industries emerging as new growth areas [6]. Group 4: Industry Innovations and Future Trends - The integration of artificial intelligence and advancements in digital twin technology are expected to enhance human-robot interaction and reshape production processes [6]. - The logistics and material handling sectors are anticipated to be early adopters of humanoid robots, with construction, laboratory automation, and warehousing also accelerating robot penetration [6].

Core Insights - 2024 is expected to be a challenging year for the industrial robotics sector, with a global decline in new installations by 3% to approximately 523,000 units in 2023 [1] - Major markets in Asia, Europe, and the Americas all experienced downturns, with Asia down 2%, Europe down 6%, and the Americas down 9% [1] - China stands out as the only bright spot, with an expected growth of 5% in new installations, reaching around 290,000 units in 2024, increasing its global market share from 51% in 2023 to 54% [1][2] Market Performance - The electronics and automotive sectors have been the leading industries for industrial robots since 2020, with the electronics sector showing slight growth while the automotive sector faced significant declines [1] - In China, the industrial robot market is projected to reach 302,000 units in 2024, maintaining its position as the largest industrial robot market globally for 12 consecutive years [2] - Japan's industrial robot installations fell by 7% to 43,000 units, while the U.S. market shrank by 9%, with the automotive sector contributing nearly 40% of installations [4] Regional Analysis - China is the world's largest producer of industrial robots, with production increasing from 33,000 units in 2015 to 556,000 units in 2024, and service robots reaching 10.5 million units, a 34.3% year-on-year growth [2] - The robot density in China is 470 units per 10,000 workers, surpassing Japan and Germany, with South Korea and Singapore leading at 1,012 and 770 units respectively [4] - Despite geopolitical tensions, Asia is still viewed positively, with a forecast of single-digit growth in industry orders in Q1 2025 and a mild recovery in the electronics sector [4] Industry Trends - The robotics industry is increasingly focusing on the integration of artificial intelligence, with advancements in digital twin technology and enhanced human-machine interaction capabilities [4] - Key areas for early adoption of robotics include logistics and material handling, with construction, laboratory automation, and warehousing also seeing accelerated penetration [4]

Core Insights - The global industrial robot market faced a decline in new installations in 2023, with a 3% drop to approximately 523,000 units, affecting major markets in Asia, Europe, and the Americas [1][4] - China remains the only bright spot in the market, with an expected 5% growth in new installations for 2024, reaching around 290,000 units, increasing its global market share from 51% in 2023 to 54% [1][2] - The structure of the market is changing, with general industrial applications increasing their share from 38% five years ago to 53%, while the electronics sector's share has decreased from 45% to 28% [1] Regional Performance - Japan's industrial robot installations fell by 7% to 43,000 units, with only the automotive sector showing an 11% growth [4] - The U.S. market shrank by 9%, with the automotive industry contributing nearly 40% of installations [4] - Europe experienced a 6% decline but still achieved a historical second-highest installation level at 86,000 units, with the plastics, chemicals, and food sectors emerging as new growth areas [4] Industry Trends - The density of industrial robots per 10,000 workers indicates varying levels of automation, with South Korea (1,012 units), Singapore (770 units), and China (470 units) leading the way, surpassing Japan and Germany [4] - Despite geopolitical tensions and tariff disputes, the Asian market is expected to see growth, with a mild recovery in the electronics sector anticipated in early 2025 [4] - Future trends in the robotics industry include a focus on AI integration, advancements in digital twin technology, and improvements in human-robot interaction through visual language models [4]

Core Insights - The Guangdong Provincial Water Resources Department is leading a breakthrough in smart water conservancy construction by leveraging innovative strategies and experiences from the digital twin Beijiang project, focusing on the construction of a flood control joint scheduling scenario for the Han River Basin [1][2] Group 1: Technological Foundation - The "Digital Twin Beijiang" project is recognized as one of the top ten model projects for digital twin water conservancy construction in the country, creating a digital model that encompasses 14 large and medium-sized reservoirs, 2 flood discharge gates, and the Poyang Lake flood retention area, achieving the "four pre" functions of forecasting, early warning, simulation, and planning [1] - This digital model supports intelligent assessment of flood control situations and optimizes joint scheduling calculations for flood control projects [1] Group 2: Collaborative Efforts - In response to the potential flooding in 2025, the Guangdong Provincial Water Resources Department formed a joint task force comprising various agencies to develop a unified digital twin platform for the Han River Basin, integrating existing hydrological forecasting, flood inundation analysis, dam breach analysis, and coastal storm surge warning models [2] - The initiative has led to the dynamic visualization of rainfall, water conditions, and operational status in the Han River Basin, along with preliminary applications of the "four pre" functions to support key water conservancy projects [1][2] Group 3: Practical Application and Future Plans - A dual-track verification mechanism has been established to enhance the practical application effectiveness of digital twin technology, addressing challenges in hydrological forecasting and basin scheduling model development [2] - The successful construction of the Han River Basin flood control joint scheduling scenario demonstrates the replicability of digital twin technology, providing a reference for rapid deployment in similar scenarios and reducing development costs [2] - Future plans include continuous upgrades to the Han River Basin flood control joint scheduling application and expanding the coverage of digital twin technology across five major river basins in the province [2]

Core Viewpoint - Postal Savings Bank of China (PSBC) is actively supporting private enterprises in Guangdong, enhancing their innovation and growth through financial services, particularly focusing on technology-driven companies like Wangsi Technology Group [1][2]. Group 1: Financial Support for Private Enterprises - Wangsi Technology Group received substantial credit support from PSBC's Guangzhou branch, which will aid in deepening technology research and expanding business areas [1]. - PSBC Guangdong branch is recognized as a key player in supporting the private economy, contributing to economic stability, job creation, and innovation [1][3]. Group 2: Technology Financing Initiatives - PSBC Guangdong branch has established a specialized team for technology finance, focusing on high-tech sectors such as artificial intelligence and digital twin technology [2]. - The bank has developed various financing products, including "Large Science and Technology Loans," to address the funding needs of technology enterprises, with over 8,100 technology companies served and a loan balance exceeding 36.7 billion yuan, reflecting a 37% year-on-year increase [3]. Group 3: Support for International Expansion - PSBC is facilitating the international expansion of quality enterprises in Guangdong by providing a comprehensive range of cross-border financial services, including trade financing and currency risk management [4]. - Specific case examples include a toy manufacturing company in Chaozhou that received a 10 million yuan credit line to explore new market channels, demonstrating the bank's responsiveness to market challenges [4]. Group 4: Future Focus - The bank plans to continue its focus on supporting private, small, and technology-driven enterprises, implementing initiatives to empower high-quality development in the private sector [5].

Group 1 - The Jibin High-speed Railway Airport Tunnel, constructed by Shandong Iron Investment Lunan High-speed Railway Co., Ltd. and undertaken by China Railway 10th Bureau, has successfully completed its tunneling, laying a solid foundation for the timely opening of the entire line [2] - The tunnel, located at Jinan Yaoqiang Airport, spans 2710 meters and is the first high-speed railway tunnel in China to be constructed using the open-cut method in a high-water-content soft soil layer, coexisting with the terminal building [5][8] - The maximum excavation depth of the tunnel reaches 19 meters underground, with a maximum width of 55.4 meters, categorizing it as an ultra-long and ultra-wide deep foundation pit, which poses significant construction challenges due to high groundwater levels and soft soil conditions [5][7] Group 2 - The project commenced 9 months later than other sections of the line, with a tight construction schedule and complex working environment [7] - China Railway 10th Bureau implemented advanced technologies such as digital twin technology and BIM combined with three-dimensional geological scanning to address construction challenges, ensuring safety and precision in the excavation process [7] - The Jibin High-speed Railway is a crucial part of the Tianjin-Weifang High-speed Railway corridor and the rapid railway network in Shandong Province, contributing to the national railway network and regional economic development [8]

Summary of SuperMap Software Conference Call Company Overview - **Company**: SuperMap Software - **Date**: July 24, 2025 Key Points Industry and Market Dynamics - The natural resources and surveying planning business lines have recovered from last year's transformation impact and achieved year-on-year growth, indicating a significant recovery in competitiveness for the company [2][3] - Investment in the water conservancy industry is expected to reach 1.35 trillion yuan in 2024, a 13% increase year-on-year, and is projected to reach 1.5 trillion yuan in 2025, with a growth rate exceeding 10% [2][6] - The proportion of investment in water conservancy information technology is expected to increase, presenting growth opportunities for SuperMap Software [2][6] Business Performance - In the first half of 2025, SuperMap Software achieved record-high performance, turning losses into profits with an expected profit between 8 million and 12 million yuan [3] - The second growth curve business, including water conservancy and military sectors, saw contract signing volumes continue to double in the first half of 2025, indicating accelerated development of emerging businesses [2][4] Technological Advancements - SuperMap Software has a leading advantage in digital twin technology within the water conservancy information sector, supported by its 3DGIS technology and capability to build digital basemaps [2][7] - The company has actively laid out AI technology, establishing the SuperMap AIF technology base and launching the AI.is Agent geospatial intelligent agent, with over a hundred functions developed in remote sensing image processing and other areas [2][12] Strategic Initiatives - The company has upgraded its overseas business strategy, shifting from platform software output to a comprehensive solution approach, with successful orders obtained in Malaysia [4][18] - The organization underwent a transformation that is nearing completion, enhancing efficiency and market competitiveness by integrating sales and R&D [19][20] Future Outlook - The digital twin technology is expected to play a crucial role in various water conservancy projects, with significant investment opportunities arising from national demands for smart management [8][9] - AI technology is anticipated to double in orders by 2025, with the company already achieving the total order volume of 2024 in the first half of 2025 [12][23] Financial Projections - The water conservancy industry orders saw a 100% increase in 2024, with expectations to maintain this growth trend into 2025, particularly in the second half of the year [16][17] - The company aims to maintain a workforce of 2,000 to 2,800 employees while focusing on AI technology development across all product lines [25] Additional Insights - The company has established a unique intelligent laboratory in collaboration with other tech firms to research AI standards and models for the water conservancy sector [10] - The low-altitude economy is identified as a key growth area, with several products already launched and multiple projects underway [21][22] This summary encapsulates the essential insights from the conference call, highlighting the company's strategic direction, market performance, and technological advancements.

Group 1 - The core viewpoint of the articles highlights the successful installation of a large-scale offshore oil and gas platform in the Bohai Sea, which is supported by multiple innovative technologies [2][3] - The center processing platform, part of the Kenli 10-2 oil field development project, is the heaviest and largest offshore platform in the Bohai Sea, with a design weight exceeding 20,000 tons and a footprint equivalent to nearly 15 standard basketball courts [2] - The installation utilized floating support technology, overcoming challenges such as shallow water effects and seasonal monsoon impacts, demonstrating advanced engineering capabilities [3] Group 2 - The project team employed digital twin technology for 3D modeling and simulation, optimizing the installation process and ensuring precise alignment during the operation [3] - As of now, China has completed a total of 50 large offshore platform floatovers, with a maximum floatover capacity of 32,000 tons and a total floatover weight exceeding 600,000 tons, showcasing the country's leading position in this technology [3] - The successful installation not only reflects the "hard power" of Shandong manufacturing but also the ingenuity of Chinese engineers in overcoming engineering challenges [3]