2025 年 8 月 25 日 公司研究/公司快报 公司近一年市场表现 事件描述 | 月 市场数据：2025 8 | 年 | 日 22 | | | --- | --- | --- | --- | | 收盘价（元）： | | | 19.84 | | 年内最高/最低（元）： | | | 21.27/8.71 | | 流通 A 股/总股本（亿股）： | | | 4.50/5.42 | | 流通 A 股市值（亿元）： | | | 89.33 | | 总市值（亿元）： | | | 107.63 | 基础数据：2025 年 6 月 30 日 ， 电力电子及自动化 新雷能（300593.SZ） 买入-A(维持) 营收持续改善，不断拓展新业务领域 | 基本每股收益(元)： | -0.18 | | --- | --- | | 摊薄每股收益(元)： | -0.18 | | 每股净资产(元)： | 4.71 | | 净资产收益率(%)： | -3.68 | 资料来源：最闻 分析师： 骆志伟 执业登记编码：S0760522050002 邮箱：luozhiwei@sxzq.com 李通 执业登记编码：S0760521110001 电话 ...

Core Insights - The automotive industry is undergoing a significant transformation driven by the rise of electric vehicles and autonomous driving technology, which is expected to redefine the future of the sector [2][3] Autonomous Driving Market Forecast - Morgan Stanley predicts that the global autonomous vehicle market will reach $200 billion by 2030, with autonomous vehicles expected to account for 28% of total car sales by that year [4] Industry Disruption - The development of autonomous vehicles will profoundly impact various sectors, including manufacturing, sales, operations, maintenance, and insurance, with the taxi industry being the most affected [7] - Companies like Baidu and Tesla are already deploying autonomous taxi services, with Baidu's RoboTaxi operating in over 15 cities and Tesla expanding its services in Austin and San Francisco [7] Changes in Consumer Behavior - Autonomous vehicles are likely to reduce the need for personal car ownership, as shared autonomous vehicles will offer more convenient and cost-effective transportation options [8] - The trend of declining interest in driving among younger generations is evident, with the percentage of 17-year-olds in the U.S. holding a driver's license dropping from 70% in the 1980s to below 45% in 2014 [8] Professional Operation Requirements - The operation of autonomous vehicles will require specialized management and technological support, making it challenging for individuals to operate them independently [9] - The integration of autonomous technology into bicycles and public transport could further disrupt the automotive industry [9][10] Impact on Automotive Manufacturing - The automotive manufacturing sector is expected to shrink significantly, with predictions indicating that new car sales could drop by 50% by 2040 due to the rise of shared autonomous vehicles [11] New Growth Opportunities - The rise of autonomous vehicles will create new growth points in the industry, including enhanced in-car services, increased logistics efficiency, and the development of new infrastructure [12] - Companies are likely to monetize passenger attention during rides, leading to innovative advertising and service models [13] Logistics and Delivery - The proliferation of autonomous vehicles will drastically reduce transportation and delivery costs, benefiting the logistics sector and e-commerce [14] - Companies like Cainiao are already deploying autonomous delivery vehicles, with plans to significantly increase their fleet in the coming years [14] Geographic Data Utilization - The emergence of autonomous driving will enhance the economic value of geographic data, transforming it into a core production factor that influences urban planning and economic development [15] Infrastructure Development - The transition to autonomous vehicles will necessitate the modernization of related infrastructure, including parking facilities, charging stations, and smart roads [16] - Companies will play a crucial role in developing this infrastructure, driven by the need to capture market share and enhance competitiveness [18]

Core Viewpoint - The company, YuanCheng Co., is focused on the research, production, and sales of electric wires and cables, with a commitment to expanding its business in the data center infrastructure sector [1]. Group 1: Company Overview - YuanCheng Co. reported a stock price of 5.08 yuan as of August 13, 2025, reflecting a decrease of 0.39% from the previous trading day [1]. - The company's main products include power cables, control cables, and fire-resistant cables, which are applicable in new infrastructure projects such as data centers [1]. Group 2: Business Development - The company has indicated its intention to continue expanding its business related to new infrastructure construction, particularly in the data center sector [1]. - Recent communications on the investor interaction platform confirmed that the company's products are suitable for use in data centers [1]. Group 3: Market Activity - On August 13, 2025, the net outflow of main funds was 738.03 million yuan, with a cumulative net outflow of 2,793.33 million yuan over the past five days [1].

格隆汇8月13日丨远程股份(002692.SZ)于投资者互动平台表示，公司的电力电缆、控制电缆、防火电缆 等产品可应用于数据中心领域。公司将继续拓展包括大数据中心在内的新型基础设施建设相关业务，为 经济高质量发展贡献远程力量。 ...

Group 1 - The core viewpoint of the article highlights the rapid growth of mobile internet traffic in China during the first half of 2025, with a total traffic of 1867 billion GB, representing a year-on-year increase of 16.4% [1] - As of the end of June, the number of mobile internet users reached 1.592 billion, with a net increase of 21.41 million users compared to the end of the previous year [1] - The average mobile internet access traffic per user (DOU) in June was 20.75 GB per user per month, showing a year-on-year growth of 14.4% and an increase of 1.05 GB compared to the end of last year [1] Group 2 - The growth rates of mobile internet access traffic in different regions were 15.7% in the East, 16.7% in the Central region, 15.4% in the West, and 25.8% in Northeast China [1] - The telecommunications business revenue for the first half of the year reached 905.5 billion RMB, marking a year-on-year increase of 1%, while the total telecommunications business volume grew by 9.3% when adjusted for last year's prices [1] - The number of 5G base stations reached 4.549 million, accounting for 35.7% of the total mobile base stations, with 1.118 billion 5G mobile phone users reported [2]

新华社北京10月19日电 中共中央政治局10月18日下午就推动我国数字经济健康发展进行第三十四次集 体学习。中共中央总书记习近平在主持学习时强调，近年来，互联网、大数据、云计算、人工智能、区 块链等技术加速创新，日益融入经济社会发展各领域全过程，数字经济发展速度之快、辐射范围之广、 影响程度之深前所未有，正在成为重组全球要素资源、重塑全球经济结构、改变全球竞争格局的关键力 量。要站在统筹中华民族伟大复兴战略全局和世界百年未有之大变局的高度，统筹国内国际两个大局、 发展安全两件大事，充分发挥海量数据和丰富应用场景优势，促进数字技术与实体经济深度融合，赋能 传统产业转型升级，催生新产业新业态新模式，不断做强做优做大我国数字经济。 习近平强调，要加快新型基础设施建设，加强战略布局，加快建设高速泛在、天地一体、云网融合、智 能敏捷、绿色低碳、安全可控的智能化综合性数字信息基础设施，打通经济社会发展的信息"大动脉"。 要全面推进产业化、规模化应用，重点突破关键软件，推动软件产业做大做强，提升关键软件技术创新 和供给能力。 习近平指出，要推动数字经济和实体经济融合发展，把握数字化、网络化、智能化方向，推动制造业、 服务业 ...

Core Viewpoint - The rapid development of technologies such as artificial intelligence, the Internet of Things, and cloud computing is driving a new round of technological revolution, with new infrastructure construction being a key support for the growth of new technologies, industries, and business models during the "14th Five-Year Plan" period [1] Investment and Financing - New infrastructure is recognized as an important part of China's modern infrastructure system, categorized into three main areas: information infrastructure, integrated infrastructure, and innovative infrastructure [2] - The government is increasing funding for new infrastructure, with local government special bonds for new infrastructure reaching a total of 77.604 billion yuan from 2023 to 2024 [2][3] - Since 2021, there have been 1,669 financing events in the fields of IoT, cloud computing, and artificial intelligence, with 227 events exceeding 100 million yuan [3] Information Infrastructure Development - As of April 2025, China is expected to have 4.439 million 5G base stations, an increase of over 3 million from the end of 2021, with 5G mobile phone users reaching 1.081 billion [4] - The economic output directly driven by 5G is estimated to be around 5.6 trillion yuan, with indirect output reaching approximately 14 trillion yuan from 2019 to 2024 [4] Artificial Intelligence and Industrial Internet - By the end of 2024, China is expected to have 302 generative AI services registered, with the core AI industry scale nearing 600 billion yuan [5] - The industrial internet has integrated into 49 categories of the national economy, with a core industry scale expected to exceed 1.5 trillion yuan by 2024 [5] Integrated Infrastructure and Smart Energy - China has built the world's largest UHV network, with 42 UHV projects in operation and a transmission capacity exceeding 300 million kilowatts [6] - New energy storage projects have reached an installed capacity of 73.76 million kilowatts, a 130% increase from the end of 2023 [6] Innovative Infrastructure - By the end of 2023, China has established 77 national major scientific and technological infrastructures, with 57 large scientific devices under construction or in operation [7]

大公国际认为，从区域整体看，拉美地区具备丰富的自然资源、庞大的市场容量与多元社会结构，在中 长期具有显著发展潜力。区域经济处于全球中等水平，各国发展战略普遍呈现出由资源依赖型向多元化 经济转型的特征，对加强绿色经济、数字经济和新型基础设施建设领域的探索具有普遍共识。 智利凭借自由开放的制度环境、高素质劳动力及绿色转型政策，吸引力持续增强。 大公国际党委书记、董事长吕柏乐表示，今年适逢中拉论坛正式运行十周年。在全球不确定性增多、时 代深刻变革的背景下，深入研究拉美区域投资环境，对深化中拉务实合作、推动"全球南方"稳定发展具 有特殊重要意义。 秘鲁在构建开放高效的投资体系方面进展显著，是拉美增长最快的经济体之一。中秘在港口、矿业及金 融科技领域合作潜力巨大，特别是钱凯港的建成和启用为中拉贸易往来提供了全新的通道。 大公国际总裁应海峰发布了拉丁美洲和加勒比地区投资环境评价报告，以及巴西、墨西哥、哥伦比亚、 智利、秘鲁五国的国家投资环境评价报告。 营商环境方面，各国正持续推动政务服务数字化、税收激励政策优化与劳动力市场结构性调整。 中新网北京5月12日电(张文晖)12日，大公国际与清华大学"一带一路"战略研究院在北京 ...