格隆汇12月23日丨东土科技(300353.SZ)在互动平台表示，公司业务不直接涉及商业航天，公司主营业 务分为三部分，一是工业网络通信，二是工业操作系统及相关软件服务，三是智能控制器及解决方案。 ...

天眼查App显示，近日，无锡启庆工业科技有限公司成立，法定代表人为侯启顺，注册资本200万人民 币，经营范围为许可项目：道路货物运输（不含危险货物）（依法须经批准的项目，经相关部门批准后 方可开展经营活动，具体经营项目以审批结果为准）一般项目：机械设备研发；技术服务、技术开发、 技术咨询、技术交流、技术转让、技术推广；机械设备销售；机械零件、零部件销售；工业机器人销 售；金属材料销售；金属制品销售；模具销售；仪器仪表销售；电子产品销售；建筑材料销售；合成材 料销售；耐火材料销售；橡胶制品销售；劳动保护用品销售；日用杂品销售；五金产品零售；运输货物 打包服务；装卸搬运；劳务服务（不含劳务派遣）；互联网销售（除销售需要许可的商品）（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，上海中链创工业科技有限公司成立，法定代表人为隋阳林，注册资本50万人民 币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；货物进 出口；技术进出口；石油钻采专用设备制造；石油钻采专用设备销售；发电机及发电机组制造；发电机 及发电机组销售；机械电气设备制造；机械电气设备销售；通用设备制造（不含特种设备制造）；电机 制造；新能源原动设备制造；工程技术服务（规划管理、勘察、设计、监理除外）；新能源原动设备销 售；通用设备修理；制冷、空调设备制造；风力发电技术服务；工业工程设计服务；发电技术服务；电 气设备修理；工程管理服务；机械设备租赁；气体、液体分离及纯净设备销售；试验机销售；试验机制 造；温室气体排放控制装备制造；资源再生利用技术研发；制冷、空调设备销售；配电开关控制设备制 造；采矿行业高效节能技术研发；太阳能热发电产品销售；合同能源管理；节能管理服务；电动机制 造；润滑油加工、制造（不含危险化学品）；太阳能热发电装备销售；润滑油销售；普通机械设备安装 服务；陆上风力发电机组销售；机械设备销售；环境保护专用设备销售；金属结构销售；专用设备制造 （不含许可 ...

Group 1 - Goldman Sachs released a report on the outlook for the U.S. automotive and industrial technology sectors for 2026, indicating that both sectors outperformed the S&P 500 index in 2025, with industrial tech stocks expected to continue leading the market due to cyclical recovery and long-term growth opportunities in AI, energy infrastructure, and automation [1][3] - In 2025, the median stock price increase for automotive OEMs and suppliers was 23%, while industrial tech stocks saw a median increase of 63%, compared to a 16% rise in the S&P 500 index, reflecting strong end-demand trends and valuation multiple expansion [2] - For 2026, Goldman Sachs anticipates further interest rate cuts, which will support valuations, with a projected real GDP growth of 2-2.5% and a cyclical recovery in industrial tech stocks driven by the end of the inventory cycle and ongoing growth opportunities in data centers, AI, and automation [3] Group 2 - The automotive sector is advised to adopt a selective strategy due to historical production levels and expected modest growth in sales, with global automotive production and sales projected to maintain low single-digit growth in 2025 and 2026 [4] - Key automotive stocks recommended include General Motors (GM.US), BorgWarner (BWA.US), and Visteon (VC.US), as the sector benefits from declining interest rates, which will primarily enhance product pricing structures rather than sales growth [4] - Goldman Sachs highlighted the strong performance of the data center and AI infrastructure markets in 2025, with a focus on companies like Flex (FLEX.US), Jabil (JBL.US), and Vertiv Holdings (VRT.US) that are expected to see profit margin improvements due to new technologies and scale effects [5] Group 3 - In the autonomous driving and physical AI sectors, the commercialization of autonomous driving technology is accelerating, with the number of operational cities for leading companies increasing from 3 to 8 in 2025, and projected to reach around 20 by the end of 2026 [5] - For Tesla (TSLA.US), the company has a significant cost advantage in the autonomous taxi market, with software adaptability and mileage being key to profitability, while its focus on humanoid robots is expected to take several years for large-scale deployment [6] - Tesla's Optimus humanoid robot program is set to launch its third-generation production in 2026, with plans for fourth and fifth-generation products to be introduced gradually from 2027 to 2028, aiming for an annual production capacity of 1 billion units [6]

智通财经APP获悉，京东工业(07618)将于2025年12月11日(星期四)在香港挂牌。截至发稿，利弗莫尔证 券暗盘交易显示报价13.65港元，较招股价14.1港元下跌3.19%，每手200股，不计手续费，每手亏90港 元。 （原标题：新股暗盘 | 京东工业(07618)暗盘盘初跌逾3% 每手亏90港元） ...

Core Insights - The new fund has received support from both state-owned capital and market-oriented investors, achieving a reinvestment rate of approximately 70% [2] - The fund continues to focus on key areas such as smart energy, industrial technology, and algorithm technology (artificial intelligence) [2] - The successful establishment of the new blind pool fund marks a significant milestone in the development of the company and validates the performance of previous investments [2] Fund Strategy - The fund size is consistently controlled within 500 million, enhancing overall fundraising and investment efficiency while allowing ample time for post-investment management and exits [2] - The company aims to identify high-growth potential "alpha" companies in the technology investment sector, leveraging its established expertise in energy and industrial fields [2] Investment Focus - The company prioritizes investments in technology innovation companies that have commercialized products or services, rather than solely relying on technological innovation [2] - Investments are typically made at the B-round stage, where core technologies are maturing and market demand is being rapidly validated [2] Portfolio Performance - The investment strategy of balancing technology and commercial viability has proven effective, with 95% of portfolio companies successfully completing subsequent financing rounds [2] - Over 60% of portfolio companies have grown into nationally recognized "little giants," with several entering the IPO process in A-shares, Hong Kong, and U.S. markets [2]

Group 1 - The company has developed its own industrial AI large model and the Yunding Fuxi chemical large model, which have been applied at scale in various energy scenarios including coal mining, chemicals, oil and gas, and electricity [2] - The company plans to continue strengthening its self-controlled technology system, deeply integrating industry knowledge with application scenarios to enhance its competitiveness and expand market space [2]

Core Viewpoint - Dongtu Technology (300353) has clarified its main business segments, which include industrial network communication, industrial operating systems and related software services, and intelligent controllers and solutions [1] Group 1 - The company operates in three primary business areas: industrial network communication, industrial operating systems and related software services, and intelligent controllers and solutions [1]

Core Viewpoint - Dongtu Technology's main business consists of three parts: industrial network communication, industrial operating systems and related software services, and intelligent controllers and solutions. The company does not engage in memristor neuromorphic chips [1] Group 1 - The company focuses on industrial network communication as one of its primary business segments [1] - The second segment involves industrial operating systems and related software services [1] - The third segment includes intelligent controllers and solutions [1]

Group 1: Import Expo Highlights - The 8th China International Import Expo (CIIE) concluded on November 10, with intended transaction amounts reaching $83.49 billion, a 4.4% increase from the previous year, setting a new historical high [1] - The expo attracted 4,108 companies from 138 countries and regions, covering an exhibition area of over 367,000 square meters, with a total attendance of 922,000 visitors [1] - Notably, 290 Fortune Global 500 and industry-leading companies participated, with 180 companies attending all eight sessions, showcasing China's strong market appeal [1] Group 2: Globalization and Chinese Enterprises - The CIIE serves as a platform for overseas companies to enter the Chinese market, sharing development dividends while facilitating technology spillover and industrial chain collaboration [2] - Chinese enterprises are at a critical juncture in developing new outbound strategies, with discussions focusing on the "going out" and "going in" approaches during the expo [3] - The transition from a "low-cost export" model to a global perspective is emphasized, requiring Chinese companies to strengthen supply chain resilience and adapt to local regulations [3][4] Group 3: Supply Chain and Localization - The evolution of Chinese enterprises' globalization is marked by a shift from "single trade" to "integrated local sales, R&D, and supply chain" [4] - The choice of regions for expansion has broadened from Southeast Asia to include the Middle East, Africa, and Latin America [4] - The concept of "China + N" is highlighted, where companies like Lenovo have established a global supply chain network with a focus on local operations [5][10] Group 4: Case Studies of Successful Globalization - Lenovo exemplifies a successful global supply chain strategy, with over 75% of its manufacturing capacity located in China and 75% of its revenue generated from overseas markets [10] - The company has developed a unique "self-manufacturing + outsourcing" model, allowing it to maintain competitiveness and market share despite global trade disruptions [6] - Chen Xianggui, a restaurant chain, has successfully entered the European market, focusing on local consumer bases and partnerships to enhance its localization capabilities [7] Group 5: Future Outlook and Economic Integration - The CIIE is positioned as a significant window for global enterprises to connect with China's expanding market opportunities [9] - The resilience of China's supply chain and its role as a global innovation hub are increasingly recognized as competitive advantages [9] - The integration of "Chinese economy" and "Chinese people economy" is expected to enhance national strength and align with the goals of meeting the growing needs of the populace [11]