Core Viewpoint - By the end of the "14th Five-Year Plan," the total scale of Hebei's ice and snow industry is expected to reach 90 billion RMB [1] Group 1: Industry Growth - The ice and snow industry in China is projected to exceed 1 trillion RMB by 2025, reaching 1,005.3 billion RMB [1] - During the "14th Five-Year Plan" period, Hebei's sports event economy has become a new highlight, with 10,078 sports events held from January to November 2024, attracting 24.9 million participants and spectators, generating over 47.3 billion RMB in consumption [1] - The average annual growth rate of Hebei's sports industry has exceeded 10% over the past five years, supporting the province's economic transformation and high-quality development [1] Group 2: Infrastructure Development - Hebei, as one of the hosts of the 2022 Beijing Winter Olympics, has built several world-class professional ski venues and high-quality ice rinks, including the National Ski Jumping Center "Snow Ruyi" [1] - Currently, Hebei has 84 ski resorts and 98 indoor ice rinks, both ranking first in China [1] - The province has successfully promoted the post-use of Olympic venues, achieving a balance of income and expenditure within two years, with a slight surplus [1]

Core Viewpoint - The ice and snow economy in China is experiencing rapid growth, driven by policy support, consumption upgrades, and innovative scenarios, with indoor ski resorts playing a crucial role in expanding the market, especially in southern regions [1][2]. Policy and Market Dynamics - Ice and snow-related consumer goods have become a consumption hotspot since September, with Douyin reporting a 112% year-on-year increase in related content and a 24% rise in group buying sales [2]. - The State Council aims for the ice and snow economy to reach a total scale of 1.2 trillion yuan by 2027, promoting nationwide participation in ice sports [2]. - By 2030, the total scale of China's ice and snow economy is projected to reach 1.5 trillion yuan, indicating significant growth potential [2]. Indoor Ski Resort Growth - Indoor ski resorts are emerging as a new growth engine, with 5 indoor ski resorts in 2013 growing to 66 by April 2025, primarily located in economically active southern regions [4][5]. - Indoor ski visits are expected to reach 5.63 million by the 2024-2025 fiscal year, accounting for 22% of total ski visits, with a compound annual growth rate of 23% since 2018-2019, significantly outpacing the 4% growth of outdoor skiing [4][5]. Seasonal Demand and Operational Strategies - Indoor ski resorts exhibit unique seasonal demand patterns, thriving in off-peak winter months, with May, July-August, and October being peak times [6]. - High fixed costs necessitate effective management of both peak and off-peak seasons, with successful indoor ski resorts characterized by advantageous locations, large scale, and refined operations [6]. Diversification and Event Integration - To address seasonal challenges, indoor ski resorts are exploring "ice and snow +" integration models, combining skiing with other entertainment options [7]. - Events play a significant role in driving consumer engagement, with facilities like Shanghai Yao Snow Ice World successfully hosting major competitions, leading to a 30% increase in local retail and dining revenues during events [7]. Future Outlook - The ice and snow economy is expected to maintain high growth momentum, transitioning from seasonal peaks to year-round prosperity, supported by ongoing policy backing and evolving consumer demands [8].

Core Insights - The Chinese ice and snow industry is projected to exceed 1 trillion yuan, reaching 10,053 billion yuan by 2025, indicating explosive growth in the ice and snow economy [1] - The industry is characterized by a complete ecosystem comprising specialized upstream equipment manufacturing, diversified midstream service operations, and varied downstream consumption scenarios [1] - The ice and snow economy is reshaping China's geographical landscape, expanding from northern regions to southern areas, thus promoting regional coordination and infrastructure development [2] Industry Development - The ice and snow industry has seen significant advancements in domestic equipment manufacturing, with technologies for snow-making machines, snow groomers, and skis reaching international standards [1] - The midstream service sector is diversifying with the development of ski resorts, ice and snow parks, event operations, and training, enhancing service standards and innovation capabilities [1] - Downstream consumption includes tourism, dining, accommodation, and retail, with the integration and collaboration across these sectors enhancing the industry's added value and sustainability [1] Regional Expansion - The ice and snow economy has transcended regional limitations, with northern regions leveraging natural resources while southern regions, like Sichuan, develop unique offerings such as "warm ice and snow" experiences [2] - The development of ice and snow tourism in southern areas has become a new hotspot, contributing to infrastructure improvements and industrial upgrades in less developed regions [2] Technological Innovation - High-quality development of the ice and snow industry relies on technological innovation, with advancements in snow-making technology, insulation materials, and venue construction enabling growth in low-latitude, low-snowfall areas [2] - The acceleration of domestic equipment replacement is enhancing the cost-performance ratio of ice and snow gear, lowering participation barriers and driving industry transformation [2] Cultural Significance - The ice and snow economy serves as a vital platform for cultural transmission and image shaping, showcasing Chinese culture and development achievements through events like the Beijing Winter Olympics and local ice and snow festivals [3] - The integration of traditional customs with modern ice and snow sports allows for a vibrant presentation of Chinese culture, facilitating global understanding of China through the medium of ice and snow [3] Future Outlook - The 1 trillion yuan scale is just the beginning, with the multi-functional value of the ice and snow economy expected to continue to be released [3] - As the industry ecosystem matures, regional collaboration deepens, and technological innovations evolve, the ice and snow economy is poised to play a more significant role in driving high-quality development and injecting new momentum into economic and social growth [3]

当18岁的跳水冠军全红婵三天解锁滑雪换刃，17岁的冬奥冠军苏翊鸣隔空邀约，再加上格斗冠军张伟丽 出任长虹・国际雪联滑雪大跳台世界杯"耀雪大使"，这场横跨夏冬项目的冠军跨界联动，让冰雪运动在 社交平台持续"刷屏"。而即将开赛的这场顶级赛事，更让这份"顶流联动"带来的热度与万亿冰雪经济形 成强劲共振。 近日，全红婵的滑雪天赋惊艳全网，苏翊鸣的惺惺相惜彰显体育精神，张伟丽的跨界助力拓宽受众边 界。冠军们的示范效应，正打破冰雪运动的季节与项目壁垒，让"冷运动"走进大众视野，激发全民参与 热情。这恰是冰雪经济蓬勃发展的生动缩影——据《中国冰雪产业发展研究报告(2025)》显示，今年我 国冰雪产业规模，将突破万亿元大关，达到10053亿元。 据悉，12月4日至6日将在北京首钢园开赛的长虹・国际雪联滑雪大跳台世界杯，不仅有苏翊鸣领衔中国 队冲击米兰冬奥会积分，更承载着推动冰雪经济提质升级的使命，而冠军跨界联动带来的流量与热度， 将进一步激活冰雪消费潜力。 从冠军跨界"玩雪"到顶级赛事落地，从大众热情高涨到产业规模破万亿，冰雪经济正从单一运动项目， 成长为融合体育、文化、科技的多元产业。这场冬日热潮，不仅见证着全民健康生活方 ...

盘前要闻 1、磷酸铁锂行业正在发生集体提价行动，机构称锂电行业供需拐点已至 类型：行业 情绪影响：正面 有报道称，磷酸铁锂行业正在发生一场集体提价行动。该报道显示，近期多家龙头企业已向客户发出明 确的涨价通知。龙蟠科技表示，公司销售人员也正在和客户积极沟通涨价事由。开源证券认为，动储需 求旺盛，锂电行业产业链供需拐点已至。 2、发改委主任郑栅洁：采取超常规措施，推动关键核心技术攻关取得突破 类型：宏观 情绪影响：正面 4、英伟达CFO访谈：OpenAI千亿大单尚未敲定，领先优势绝对没缩小 类型：公司 情绪影响：正面 国家发展改革委主任郑栅洁发文横，加快高水平科技自立自强，引领发展新质生产力。加强原始创新和 关键核心技术攻关，采取超常规措施，全链条推动重点领域关键核心技术攻关取得决定性突破。文章还 提出，要做强国内大循环，畅通国内国际双循环。坚持扩大内需这个战略基点，大力提振消费。 3、中央金融办副主任王江：增强上市公司分红稳定性、持续性和可预期性 类型：宏观 情绪影响：正面 中央金融办分管日常工作的副主任王江人民日报撰文指出，促进资本市场健康稳定发展，提高资本市场 制度包容性、适应性，增强上市公司分红稳定性、 ...

Core Insights - The rise of the ice and snow economy is driven by a dual interaction between new supply and new demand, leading to a dynamic balance that promotes high-quality economic development in China [1][4] Group 1: Market Trends - The ice and snow economy is becoming a new consumption hotspot, with activities like skiing, ice sculpture, and snow fishing gaining popularity [1] - In Harbin, the average daily search volume for the Ice and Snow World increased by nearly 163% since mid-October, indicating a surge in consumer interest [2] - The number of ice and snow-related enterprises in Harbin exceeded 2,300, with a compound annual growth rate of 23.6% over the past three years [2] Group 2: Economic Growth - China's ice and snow industry is projected to grow from 270 billion yuan in 2015 to 980 billion yuan in 2024, with expectations to surpass 1 trillion yuan by 2025 [4] - The participation in ice and snow sports and related consumption is expected to exceed 187.5 billion yuan during the 2024-2025 winter season, reflecting a year-on-year growth of over 25% [4] Group 3: Industry Integration - The "ice and snow +" model is expanding the economic landscape, integrating various sectors such as education, tourism, culture, and agriculture [5][6] - The integration of multiple business formats is enriching the service offerings of the ice and snow economy, transitioning from single sports consumption to a comprehensive experience [6] Group 4: Policy Support - The Chinese government has introduced a series of supportive policies to enhance the development of the ice and snow economy, including a recent directive with 24 measures to stimulate growth across the entire industry chain [7] - The application of new technologies like 5G and AI is driving high-quality development in ice and snow equipment manufacturing, enhancing user experience [7] Group 5: Future Outlook - The ongoing development of various new economic forms, such as the "first release economy" and "silver economy," is expected to further stimulate consumer demand and support the growth of the ice and snow economy [8] - The strategic focus on enhancing supply-demand compatibility aims to unlock the potential of China's vast market, contributing to sustainable economic growth [8]

（原标题：A股三大指数飘绿，福建板块逆势走强，嘉戎技术、招标股份20CM涨停） 12月2日，A股三大指数集体低开，截至午盘，A股主要板块指数飘绿，沪深两市半日成交额超1万亿，预计全日成交额1.65万亿，较昨日缩量超 2300亿，全市场超3900股下跌，近1300股上涨。 盘面上，A股市场福建股逆势走强，嘉戎技术20CM涨停，航天发展、平潭发展、榕基软件等集体涨停，海峡创新涨超10%。 资金"抱团"近期热门股。商业航天板块震荡拉升，招标股份20CM涨停，金富科技走出7连板，截至午盘，该股报24.83元/股，涨停板上封单超8万 手。至此，该股已连续7个交易日涨停。公司日前提示，当前公司股票价格短期涨幅较大，可能存在市场情绪过热的情形，可能存在非理性炒作风 险。 连板指数走强，海王生物5连板，道明光学、通宇通讯4连板，瑞玛精密等3连板。人造肉概念海欣食品再度涨停。 房地产板块走强，华夏幸福涨停，世联行涨近7%，多股跟涨。家具板块普涨，其中，好莱客10CM涨停，*ST亚振涨5%涨停。冰雪产业板块短线 拉升，冰山冷热直线涨停，晶雪节能、大连圣亚、雪人集团、长白山跟涨。算力硬件股盘中回暖，赛微电子涨超14%，续创历史新高 ...

南方财经12月2日电，冰雪产业板块短线拉升，冰山冷热直线涨停，晶雪节能涨超5%，大连圣亚、雪人 集团、长白山跟涨。 ...

Group 1 - The core viewpoint of the article highlights the rapid transformation of China's ice and snow "cold resources" into a driving force for development, with the "Southward expansion, Westward extension, and Eastward advancement" strategy being continuously promoted [1] - The latest report indicates that by 2025, the scale of China's ice and snow industry is expected to exceed 1 trillion yuan, marking the "ice and snow economy" as a new force in China's economic development [1][4] Group 2 - The scale of China's ice and snow industry has rapidly expanded from 270 billion yuan in 2015 to 980 billion yuan in 2024, with projections for 2025 reaching 1,005.3 billion yuan [4] - The number of ice and snow sports venues has increased from 1,133 in 2018 to an expected 2,678 by the end of 2024, indicating a significant growth in ice and snow consumption [6] - For the 2024-2025 ice and snow season, participation in ice and snow sports and related consumption is expected to exceed 187.5 billion yuan, representing a year-on-year growth of over 25% [8] Group 3 - The consumption amount at ski resorts reached 78.613 billion yuan, with a 27.97% increase in spending within a two-kilometer radius of ski resorts, demonstrating a clear positive impact on surrounding retail, transportation, and dining sectors [11] - China has established a product system comprising 15 major categories of ice and snow equipment, effectively covering all scene demands, with the number of related enterprises growing from approximately 300 in 2015 to around 900 in 2023, and sales revenue increasing from less than 5 billion yuan to about 22 billion yuan [13]

Market Overview - On the first trading day of December, A-shares experienced a positive start with the Shanghai Composite Index rising by 0.65%, the Shenzhen Component Index increasing by 1.25%, and the ChiNext Index up by 1.31% [1] - The total market turnover reached 1.8894 trillion yuan, with nearly 3,400 stocks rising [1] Sector Performance - The smart speaker and consumer electronics sectors showed strong performance throughout the day, while the storage chip concept also experienced fluctuations and strength [3][6] - Notably, the storage chip sector saw significant gains, with companies like Beijing Junzheng and Kexiang shares hitting the daily limit of 20% [6] Storage Chip Industry Insights - The storage chip industry is currently experiencing a price surge, with major manufacturers indicating that price fluctuations are a normal part of the industry cycle [11] - Companies like Xingchen Technology and Dawi Co. have implemented strategies to manage inventory and order risks in response to price volatility [11] - Long-term demand for innovative solutions in AI inference storage is increasing, with some clients seeking long-term supply agreements extending to 2027, indicating sustained high demand in the storage sector [11] Ice and Snow Industry Developments - The ice and snow industry saw a notable surge in activity, particularly with the stock of Iceberg Cold Chain hitting the daily limit [12] - The upcoming 12th National Public Ice and Snow Season, set to launch in late December in Changchun, is expected to drive significant growth in the ice and snow economy, which is seen as a strong segment within the tourism industry [15] - The event will feature over 300 ice and snow competitions and activities, enhancing the growth potential of the ice and snow industry as a key driver for domestic demand [15]