2025世界制造业大会上，河南以"豫见智造 链动未来"为主题举办主宾省展，借助大会展示形象，拓展合作。 河南展馆内多项明星产品成为热门打卡地，吸引众多观众前来互动。图片均由冉衡 摄 9月20日—23日，2025世界制造业大会在安徽省合肥市举行。河南以"豫见智造链动未来"为主题举办主宾省 展，30家企业集中展示了我省先进装备、新材料、新能源汽车、电子信息、生物医药、现代食品等产业的新 技术、新产品，借助大会平台展示形象，拓展合作。 从"国人粮仓"到"大国工厂"，中原大地正以崭新的面貌屹立于中国制造业的版图之上。作为受邀主宾省，河 南展团精心筹备，遴选了一批行业领军企业参展，千余件展品科技感满满：从实现L4级自动驾驶的新能源巴 士，到驱动AI革命的超级服务器；从璀璨夺目的培育钻石，到守护生命的创新疫苗……这些颠覆传统的"新河 南造"，再次铿锵有力地宣告：一个以创新驱动为内核、以集群崛起为姿态的制造强省，正全"链"出击，竞逐 全球产业新赛道。 "河南制造"实力圈粉 世界制造业大会自2018年创办以来，已成功举办7届。本届大会以"智造世界·创造美好"为主题，举办开幕式 暨主旨演讲、重点产业链供应链供需对接、权威发布和 ...

在内蒙古弈航科技有限责任公司的展台前，公司创始人郑卓伟正给蒙古国观众呼斯乐图介绍："无人机 搭载不同的专业设备，能够胜任清洗、植保、照明等一系列工作，我们还可以根据您的要求进行工业定 制。"呼斯乐图惊叹："太神奇了！'小飞机'竟然能干这么多活儿！"郑卓伟为他依次展示清洁无人机和照 明无人机在真实场景的应用，"您看，无人机能完成的工作量不少，而且定位精准。" 据统计，本届博览会期间，共签约各类经贸项目32个，协议金额达658.6亿元人民币。主展区敕勒川国 际会展中心累计客流量达32.5万人次，展会累计销售额2.52亿元人民币，意向销售额2.67亿元人民币。 内蒙古自治区商务厅相关负责人介绍，当初以农副产品、特色商品等展销为主的博览会，随着时代的进 步提档升级，发展成为科技互联、贸易互通的国际经贸合作盛会，"从传统的商品展销到如今的智能产 品竞相亮相，中国—蒙古国博览会见证着两国合作的不断深化，也见证着'中国制造'向'中国智造'的华 丽转身。" 没有驾驶员，没有轰鸣声，一辆无人驾驶纯电矿用卡车从狭窄的展示空间精准驶出，稳稳当当停在划线 车位。整个过程非常流畅，如同被一位经验丰富的司机驾驶，引得中外观众发出阵阵惊叹 ...

Group 1 - The exhibition showcased advanced technologies such as unmanned vehicles, drones, and intelligent machinery, highlighting the shift towards smart manufacturing in China and Mongolia [1][2] - A total of 32 trade projects were signed during the exhibition, with an agreement amount reaching 65.86 billion RMB, indicating strong economic collaboration between the two countries [1] - The exhibition attracted 325,000 visitors and achieved total sales of 252 million RMB, with intended sales amounting to 267 million RMB, reflecting a robust market interest in innovative products [1] Group 2 - The event has evolved from a focus on agricultural products to a platform for showcasing intelligent products, marking a significant transformation in the nature of the China-Mongolia Expo [2] - The exhibition theme emphasized deepening mutual cooperation and promoting win-win outcomes, showcasing the ongoing development of bilateral relations [2]

来源：智通财经 四川，正在从价值内陆，变成投资前沿。 9月22日-24日，以"共建产业生态 共赢新质未来"为主题的2025中外名企四川行活动（以下简称"四川 行"）将在成都隆重举行，众多全球500强与行业龙头企业将再次汇聚一堂，共叙友谊，深化合作。 世界向东，中国向西。近年来，从内陆腹地变身开放前沿，中国西部的发展机遇深入人心，尤其是随着 推进"一带一路"建设、成渝地区双城经济圈建设等国家战略的加持，各路资本加速向西，向四川。 四川机遇：投促盛会搭台，合作硕果累累 作为西部增长极，四川兼得西部大开发、成渝地区双城经济圈、长江经济带等国家发展战略的多重利 好。其所在的成渝地区双城经济圈，目前是我国西部产业基础最雄厚、对外开放程度最高的区域。而近 8400万的常住人口量，在中国经济区中也居前茅，使其"成长"优势明显。 2024年，四川经济总量超6.4万亿元，保持全国第五；今年一季度，经济总量超1.5万亿元，同比增长 5.5%。从内陆腹地变身开放前沿，各路资本加速入川，"投资西部、投资四川"成为当前及未来趋势。 今年1至7月，四川省新设外商投资企业475家；外商直接投资(FDI)到资12.55亿美元，规模保持中西部 ...

Economic Overview - Shandong Province has effectively responded to internal and external uncertainties, focusing on releasing domestic demand potential, strengthening industrial support, promoting service industry development, and stabilizing foreign trade, leading to a steady economic recovery [1] Industrial Performance - From January to August, the industrial added value of above-scale industries grew by 7.8% year-on-year, with 36 out of 41 industries experiencing growth, resulting in a growth rate of 87.8% [1] - Key industries such as railway, shipbuilding, electronics, and automotive saw significant increases in added value, with growth rates of 18.0%, 17.6%, and 16.2% respectively [1] Service Sector Growth - The revenue of above-scale service industries increased by 5.1% year-on-year from January to July, with 9 out of 10 major industry categories achieving growth [1] - Notably, the leasing and business services sector and the resident services and repair sector experienced double-digit growth rates of 15.9% and 10.1% respectively [1] Consumer Market Trends - The total retail sales of consumer goods grew by 5.7% year-on-year from January to August, maintaining the same growth rate as the previous month [2] - Fixed asset investment faced pressure, declining by 2.0% year-on-year, while manufacturing investment grew by 5.1% [2] - The province's total import and export volume reached 23,222.4 billion yuan, a year-on-year increase of 5.8%, with exports growing by 5.4% and imports by 6.4% [2] Industrial Upgrading - The added value of equipment manufacturing and high-tech manufacturing industries grew by 12.2% and 10.0% respectively, surpassing the overall industrial growth rate [3] - Production of high-end equipment such as lithium-ion batteries, industrial robots, and train sets saw substantial increases, with growth rates of 48.4%, 41.0%, and 38.3% respectively [3] Financial and Fiscal Health - The province's general public budget revenue reached 5,579.5 billion yuan, a year-on-year increase of 1.0%, while expenditures grew by 2.9% [4] - The balance of deposits in both domestic and foreign currencies increased by 9.1%, and the loan balance grew by 8.6% [4] Private Sector Dynamics - The added value of private industrial enterprises increased by 9.8% year-on-year, outpacing the overall industrial growth rate by 2.0 percentage points [4] - Retail sales of private commercial units grew by 8.4%, exceeding the overall retail sales growth rate by 1.6 percentage points [4] Employment and Price Stability - The province added 912,000 urban jobs from January to August, while the consumer price index saw a slight year-on-year decline of 0.2% [4] - Investment in the service and entertainment sectors increased significantly, with growth rates of 18.6% and 12.6% respectively [4]

格隆汇9月22日丨安源煤业(600397.SH)公布，经公司申请，并经上海证券交易所办理，自2025年9月26 日起，公司证券简称由"安源煤业"变更为"江钨装备"，证券代码保持不变，仍为"600397"。 ...

Economic Overview - The economic operation of Xinyang City remains stable and resilient, with major economic indicators showing steady growth and improved development quality [1][5] - The city has implemented a "1+2+4+N" target task system focusing on stabilizing employment, enterprises, markets, and expectations [1] Industrial Performance - In August, the industrial production in Xinyang City saw a year-on-year increase of 8.2%, matching the provincial growth rate [1] - Among 33 industrial sectors, 23 reported growth, with a growth coverage of 69.7% [1] - The manufacturing sector showed strong support, with a 10.0% year-on-year increase in manufacturing value added, contributing 8.0 percentage points to the overall industrial growth [1] - Key industries such as biomedicine, equipment manufacturing, green food, and green home products experienced significant growth, with increases of 18.6%, 13.2%, 13.2%, and 8.8% respectively [1] Fixed Asset Investment - From January to August, fixed asset investment in Xinyang City grew by 5.8%, surpassing the provincial growth rate by 1.1 percentage points [2] - Industrial investment saw a substantial increase of 34.9%, significantly higher than the provincial rate of 14.4% [2] - Major project investments contributed positively, with investments in projects worth over 100 million yuan increasing by 11.0%, driving overall investment growth by 7.3 percentage points [2] Consumer Market - The retail market in Xinyang City maintained growth, with total retail sales of consumer goods reaching 9.61 billion yuan in August, a year-on-year increase of 4.7% [3] - Over 60% of retail categories saw growth, with 13 out of 21 categories in the above-limit units reporting year-on-year increases [3] - Basic living consumption remained stable, with significant growth in food and clothing retail sales [3] Emerging Industries - The high-tech industry in Xinyang City showed promising growth, with a year-on-year increase of 7.2% in high-tech industrial value added [4] - Investment in high-tech manufacturing increased by 31.0%, significantly outpacing the overall investment growth rate [4] - The modern service sector also demonstrated vitality, with substantial revenue growth in cultural, sports, and entertainment industries [4] Challenges and Future Outlook - Despite the overall positive economic performance, challenges remain for enterprises, particularly in key industries [5] - The city aims to continue focusing on the "1+2+4+N" target system to navigate current challenges and enhance economic momentum [5]

Group 1 - The company, ChaoDa Equipment (301186), reported on September 22 that it currently has sufficient orders on hand and is conducting its production and operational activities in a normal and orderly manner [1] - The utilization rate of the CNC machining center is nearly at full capacity [1]

Core Insights - The "trillion-dollar club" in China's urban economy has expanded, with nine cities now part of this elite group, indicating a new historical height in economic development [1] - Beijing and Shanghai remain the top two cities, both surpassing 2.5 trillion yuan in GDP, showcasing their strong economic power as national central cities [2] - Emerging cities like Suzhou, Hangzhou, and Wuhan are making significant strides, with notable growth rates and contributions to the economy [4][5] Group 1: Economic Performance of Major Cities - Beijing's GDP reached 25,029 billion yuan, marking a 5.5% increase from the previous year [10] - Shanghai's GDP was 26,222 billion yuan, with a growth rate of 4.61% [10] - Shenzhen's GDP stood at 18,322 billion yuan, reflecting a 5.9% growth [11] Group 2: Emerging Cities and Growth Rates - Suzhou achieved a remarkable growth rate of 7.82%, surpassing 13,000 billion yuan in GDP [4] - Wuhan's GDP reached 10,593 billion yuan, with a significant contribution of 617 billion yuan from its optoelectronics industry [4] - Hangzhou joined the trillion-dollar club with a GDP of 11,302.72 billion yuan, showing an impressive growth rate of 11.5% [4] Group 3: Regional Economic Competitiveness - Dalian's GDP reached 4,647 billion yuan, surpassing Tangshan, driven by major projects from Intel and Hengli Petrochemical [5] - Tangshan's growth rate slowed to 6.57%, but it made progress in industrial transformation, with over 65% of its steel production being high-quality products [7] - The cities of Yichang and Xiangyang in Hubei province are competing closely, with Yichang's GDP at 2,866.57 billion yuan and a growth rate of 8.56% [7][14] Group 4: Overall Economic Resilience - The overall performance of China's cities reflects strong resilience and continuous innovation, with various regions showcasing unique economic strengths [15] - The competition among cities is expected to intensify, driven by macroeconomic policy benefits and regional economic characteristics [15]

Core Insights - The report highlights a positive outlook for the Chinese internet and software sectors, particularly focusing on the valuation enhancement opportunities within the Chinese internet software segment [4] - The report emphasizes the strong liquidity trends in the A+H stock market and a more optimistic narrative surrounding AI applications, suggesting that AI software applications may match the growth of hardware sectors in the medium to long term [4] Market Performance - The Hang Seng Index closed at 26,545, showing a year-to-date increase of 32.33%, while the Hang Seng Technology Index rose by 40.87% [1] - The report notes mixed performance in the Chinese stock market, with Hong Kong stocks in materials, energy, and consumer discretionary leading gains, while healthcare, utilities, and conglomerates saw declines [3] Sector Analysis - The report identifies key companies in the internet and software sectors that are expected to drive growth, including Alibaba, Baidu, Microsoft, Tencent, and Kuaishou, due to their strong cloud business growth and AI-driven revenue potential [4] - It also suggests that companies like Datadog and Kingdee International have room for valuation improvement and should be monitored for substantial progress in AI monetization [4] Stock Recommendations - The report provides a list of stocks with buy ratings, including Geely Automobile (target price 25.00, current price 18.96), Li Auto (target price 80.00, current price 65.15), and Tencent (target price 705.00, current price 642.00), indicating potential upside [5] - Specific recommendations include companies in various sectors such as healthcare (BeiGene, target price 359.47), consumer staples (Proya, target price 129.83), and technology (Xiaomi, target price 62.96) [5]