2025年，全球经济格局与产业生态正经历着深刻而复杂的变化。技术革命的浪潮奔涌向前，资本市场的逻辑悄然重塑，粗放式增长的时代已然落幕。一个 更加注重深度、协同与长期价值的"精耕时代"正拉开序幕。 过去十年，我们见证了中国商业世界波澜壮阔的范式转移。我们始终坚信，在所有的喧嚣与不确定性之中，存在着一股真正能够穿越周期、重构价值链条 的长期主义力量。 进入2025年，这股力量的轮廓变得前所未有地清晰。 未来商业的中流砥柱，必然属于那些愿意并能够深耕垂直场景、构建技术壁垒、实现生态协同的精耕者。他们不再满足于单点技术的突破，而是致力于将 技术价值通过垂直场景和生态协同，实现规模化的商业变现。 在此背景下，36氪将于2025年9月10日至11日，在中国厦门隆重举办以"精耕时代，潮涌嘉禾"为主题的产业未来大会。 本次大会将汇聚政府、资本与产业三方的顶尖智慧，聚焦人工智能、低空经济、先进制造、新能源与大消费五大核心赛道，共同擘画中国产业发展的未来 蓝图。 我们希望搭建一个平台，让真正的产业建设者们齐聚一堂，共同探讨在新的历史周期下，如何紧握产业发展的脉搏，推动资本从规模扩张真正转向效能革 命。 "耐心资本"与"产业协同" ...

Core Viewpoint - The article emphasizes the transition to a "precision farming era" in the global economic landscape, highlighting the importance of long-term value creation and ecological collaboration in business practices [3][4]. Group 1: Event Overview - The 2025 36Kr Industry Future Conference will be held in Xiamen from September 10 to 11, focusing on five core sectors: artificial intelligence, low-altitude economy, advanced manufacturing, new energy, and consumer goods [5][11]. - The conference aims to gather top minds from government, capital, and industry to collaboratively outline the future of China's industrial development [5][11]. Group 2: Market Dynamics - The Chinese venture capital market has shown remarkable resilience over the past year, with hard technology and advanced manufacturing emerging as dominant themes [7]. - The role of capital is shifting from mere supply to ecosystem builders, with "patient capital" becoming a cornerstone for driving industrial innovation [7][8]. Group 3: Capital and Collaboration - Local state-owned assets and government-guided funds are leading the charge in transforming capital's role from financial return to creating a sustainable ecosystem for innovative enterprises [8]. - The 2025 venture capital market is entering a new cycle characterized by "hard technology + scene landing + patient capital," necessitating a meticulous approach to grasp industrial development trends [8]. Group 4: Conference Activities - The conference will feature a "9.8-mile run" event designed to connect participants with Xiamen's scenic landmarks, symbolizing the integration of "patient capital and long-term companionship" [12]. - The agenda will focus on how government, capital, and industry can collaborate to address pain points and bottlenecks in industrial development [12]. Group 5: Symbolism and Call to Action - "Jiahe," the ancient name for Xiamen, symbolizes hope, resilience, and harvest, reflecting the need for meticulous efforts in the current market environment [13]. - The conference serves as a declaration and call to action for industry builders, capital enablers, and policy guides to witness and shape a brighter future for China's industry [13].

Core Viewpoint - The return of private real estate companies to the land auction market signifies a fundamental shift in survival strategies, moving from scale worship to profit-oriented approaches, marking the beginning of a new era in the industry [1][2][10]. Group 1: Market Dynamics - The top 100 real estate companies saw a 28.8% increase in land acquisition, with private enterprises' share rising to 24% [2]. - The recovery in the market is attributed to precise policy measures and rational market expectations rather than a simple rebound from previous downturns [4]. - Private companies are focusing on core markets and operational efficiency, moving away from broad, unfocused strategies [4][5]. Group 2: Strategic Shifts - Companies are adopting a "manufacturing mindset," emphasizing short cycles and quick returns, which contrasts with traditional land-holding strategies [4]. - The issuance of credit bonds has increased by 60%, indicating targeted financial support for financially healthy private enterprises [5]. - The preference for high-quality land parcels is pushing developers to enhance their operational capabilities, leading to a natural selection of participants in the market [5]. Group 3: Industry Evolution - The relationship between state-owned and private enterprises is evolving, with both forming differentiated ecological niches rather than competing directly [7]. - The focus on rapid turnover and refined operations is driving specialization and modular upgrades in design, construction, and marketing [7]. - The return of private enterprises is prompting local governments to adopt more scientific land supply planning, shifting from merely selling land to managing valuable land assets [7]. Conclusion - The presence of private real estate companies in the land auction market represents a calculated survival strategy, emphasizing efficiency and sustainability over speculative practices [10].