小米新款手机发布。 12月25日晚，在新品发布会上， 小米17 Ultra正式发布，起售价6999元。 据了解，新机起 售价较上一代Ultra机型涨价500元。 小米集团合伙人、总裁，手机部总裁，小米品牌总经理卢伟冰表示，小米17 Ultra 是小米 Ultra系列首款2D直屏机型，也是迄今最薄的Ultra，厚度仅8.29mm。 据悉，小米17 Ultra搭配徕卡1英寸主摄，徕卡2亿像素长焦，搭载6.9英寸超窄四等边直屏， 第五代骁龙8至尊版处理器，双路立体环形冷泵，6800mAh小米金沙江电池，还支持PPS通 用快充协议，适配更多充电设备。同时配备小米星辰通信系统，搭载高性能天线组和5颗信号 增强芯片，增强Wi-Fi信号覆盖；支持51个4G+5G频段；支持UWB超宽带互联技术，可作为 小米YU7车钥匙，实现靠近自动解锁、开启前后备箱、离车自动落锁。 价格方面，小米17 Ultra的12GB+512GB版本售价6999元，16GB+512GB售价7499元， 16GB+1TB售价8499元。目前预售已开启，12月27日早10点正式开售。 早在此次发布会之前，卢伟冰就透露，新一代旗舰机型小米17 Ultra将迎 ...

Group 1 - Ruisheng Intelligent has won a procurement project for domestic computing power equipment and related services with a total value of 1.52 billion yuan (including tax) [2] - The project focuses on providing a full chain of services from data management to intelligent decision-making, which is a significant development direction for the company [2] - The fulfillment of this contract is expected to have a positive impact on the company's future operating performance [2] Group 2 - Beiqing has been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, but the company's operations remain normal during the investigation [3] - Tian Tie Technology's controlling shareholder and actual controller has been criminally detained, but the company asserts that this matter is unrelated to its daily operations [4] - Water Well Square clarified that rumors regarding a potential acquisition by another liquor company are untrue [5] Group 3 - Jinlongyu has signed a strategic cooperation framework agreement with Donghai Investment Control to establish a 1.5 billion yuan industrial merger fund [6] - The fund will focus on investments related to the company's main business and the new energy solid-state battery industry [6] - XWANDA's subsidiary has signed a strategic cooperation framework agreement with Zhongwei Co., aiming to develop solid-state battery materials [7][10] Group 4 - Banachian intends to acquire 100% of Zhonglian Century's shares, with the stock resuming trading on December 26, 2025 [8] - Shanghai Port Bay reported that its commercial aerospace and perovskite solar business account for less than 1% of its revenue, indicating limited impact on its main operations [9] Group 5 - Zhiguang Electric's subsidiary has signed a procurement contract worth 148.13 million yuan for high-voltage energy storage systems [18] - China Oil Engineering has signed a 424 million USD EPC contract with Kazakhstan's national oil and gas company for a pipeline project [19] - Longjian Co. has been awarded a project with a bid of 612 million yuan for an ecological farming and resource utilization project [20]

Group 1: Product Launches - Xiaomi officially launched the Xiaomi 17 Ultra on December 25, available in four colors with prices ranging from 6,999 yuan to 8,499 yuan for different configurations [1] - The Xiaomi 17 Ultra Leica Edition was also introduced, priced between 7,999 yuan and 8,999 yuan, celebrating the 15th anniversary of Xiaomi and the 100th anniversary of Leica [1][8] - Multiple ecosystem products were released, including the Mijia Central Air Conditioner Pro and Xiaomi Buds 6, with prices ranging from 699 yuan to 51,999 yuan [3] Group 2: Technological Advancements - The Xiaomi 17 Ultra features a new "Leica 1-inch Optical Master" main camera with advanced sensor technology, significantly improving dynamic range for photography and video [4] - The long-focus camera supports continuous optical zoom with a 200-megapixel sensor, achieving a 40% reduction in power consumption compared to the previous generation [4] - The device includes a 6.9-inch high-definition screen, Snapdragon 8 Gen 2 processor, and a 6800mAh battery with fast charging capabilities [5] Group 3: Strategic Partnerships and Market Positioning - Xiaomi upgraded its strategic partnership with Leica, moving from joint development to a co-creation model, enhancing the overall imaging experience [4][8] - The launch of the Xiaomi 17 Ultra marks a significant step in Xiaomi's high-end product strategy, with the company achieving notable sales growth in its flagship devices [9] - Xiaomi's ecosystem strategy has been completed, integrating products across mobile, automotive, and smart home sectors, positioning itself as a comprehensive technology company [8][9] Group 4: R&D and Market Strategy - Xiaomi's R&D investment reached 235 billion yuan in the first three quarters, with an expected total of 320-330 billion yuan for the year, supporting its high-end product strategy [10] - The company aims to establish a strong presence in the high-end market, with significant sales achievements in both smartphones and smart home appliances [9][10]

2025年，伴随海内外巨头对AI（人工智能）大幅投入，AI硬件方向获得资金的大幅追捧，带动电子行 业股价大幅上涨。在电子行业中，消费电子的股价表现有些落后，且估值相比电子行业其他板块相对偏 低。 展望2026年，消费电子行业将迎来产品创新周期、行业复苏、终端产品涨价等多重驱动，产业链估值有 望提升。 大厂将陆续推出新品 《每日经济新闻》记者注意到，随着谷歌推出Gemini3（新一代大型语言模型）、豆包推出手机AI助手 技术预览版等，AI终端预期提升，AI手机、AI眼镜等消费电子终端产品将成为互联网公司流量入口的 必争之地。 在AI赋能下，消费电子正迎来一轮创新周期，包括AI手机、AI眼镜、AI音箱、AI玩具等。此外，折叠 屏手机也有望向主流靠近。 以智能手机为例，方正证券指出，复盘全球智能手机出货量历史，2016年之前，功能机到智能机的技术 切换浪潮，叠加国内大规模制造能力的提升，国产手机繁荣，全球智能手机出货量逐年攀升； 2020~2021年，5G时代盛行，5G手机替代4G手机风潮导致增速呈现上升趋势。从2023年三季度开始， 折叠屏等小创新接踵而至，手机出货量增速开始由负转正，2025年起随着AI手机渗透 ...

2025年，伴随海内外巨头对AI（人工智能）大幅投入，AI硬件方向获得资金的大幅追捧，带动电子行 业股价大幅上涨。在电子行业中，消费电子的股价表现有些落后，且估值相比电子行业其他板块相对偏 低。 《每日经济新闻》记者注意到，随着谷歌推出Gemini3（新一代大型语言模型）、豆包推出手机AI助手 技术预览版等，AI终端预期提升，AI手机、AI眼镜等消费电子终端产品将成为互联网公司流量入口的 必争之地。 谷歌还与中国企业XREAL合作开发AR眼镜产品Project Aura，该产品将是全球首款搭载Android XR平台 以及Gemini AI的消费级AR眼镜产品，预计将在2026年正式面向市场。XREAL是连续4年稳居全球AR市 场份额榜首的企业，Project Aura将是谷歌AI生态的关键落地产品。 展望2026年，消费电子行业将迎来产品创新周期、行业复苏、终端产品涨价等多重驱动，产业链估值有 望提升。 大厂将陆续推出新品 在AI赋能下，消费电子正迎来一轮创新周期，包括AI手机、AI眼镜、AI音箱、AI玩具等。此外，折叠 屏手机也有望向主流靠近。 以智能手机为例，方正证券指出，复盘全球智能手机出货量历史，2 ...

Group 1 - The consumer electronics sector is undergoing a transformation driven by AI, leading to explosive growth in AI smartphones, AI laptops, and AR devices, increasing the demand for high-precision, miniaturized, and multifunctional components [1] - Luxshare Precision has disclosed its 2025 performance forecast, expecting a net profit attributable to shareholders of 16.52 billion to 17.19 billion yuan, representing a year-on-year growth of 23.6% to 28.6% [1] - The company is enhancing operational improvements through vertical integration, resource sharing, smart manufacturing empowerment, and optimization of its operational system following the acquisition of related assets [1] Group 2 - The industry has entered a new innovation cycle driven by AI, with Luxshare Precision deepening partnerships with major clients and successfully introducing multiple new product projects in emerging fields such as AR/VR and consumer-grade 3D printing [2] - Luxshare Precision has achieved comprehensive breakthroughs in the OEM and ODM sectors, completing vertical integration from parts to modules to complete machines, while also expanding client business horizontally [2] - The company's core strategy includes promoting collaborative growth between ODM and OEM businesses, which enhances product understanding and maximizes manufacturing value [2] Group 3 - The global surge in generative AI applications has led to rapid expansion in AI server and data center infrastructure, with strong demand for high-speed optical interconnect, thermal management, and power solutions [3] - Luxshare Precision has successfully positioned itself at key technological upgrade points in the industry, gaining significant business cooperation with cloud service providers and equipment manufacturers, thereby steadily increasing market share [3] - The rise of the "vehicle-road-cloud" era and the rapid implementation of autonomous driving projects have increased the demand for high-speed connectivity in smart vehicles, with the proportion of electronic and electrical components per vehicle rapidly increasing [3]

Group 1: Food and Beverage Industry - The report indicates a gradual recovery in the food and beverage sector, with soft drinks and snacks leading the recovery, followed by the catering supply chain, condiments, dairy products, beer, and finally, liquor [2][9][10] - The analysis draws parallels with Japan's 1990s consumption differentiation, highlighting that successful industries often address demand pain points and have low penetration rates [10][11] - Investment strategies focus on sectors with stabilizing ROA and potential valuation recovery, emphasizing price as the primary selection logic, while volume is secondary [11][12] Group 2: Construction and Building Materials - The construction sector is expected to experience a "spring rally" in 2026, supported by historical investment patterns and major national projects [13][14] - The report highlights three core investment themes: major national projects, high-dividend low-valuation state-owned enterprises, and private construction firms leveraging cash flow for new growth areas [14][15] - Infrastructure investment data shows a decline in both narrow and broad infrastructure investment, indicating a need for policy support to stabilize the sector [15][16] Group 3: Real Estate Industry - The real estate sector continues to face pressure, with significant declines in new housing sales and investment, despite government efforts to promote high-quality development [18][20] - The report notes that the Ministry of Housing and Urban-Rural Development emphasizes maintaining a balance in supply and demand, which is crucial for economic stability [20][22] - Specific data indicates a 31.4% year-on-year decline in real estate development investment and a 26.1% drop in sales revenue, highlighting ongoing challenges in the market [20][21] Group 4: Electronics and Robotics - The report on Changying Precision emphasizes the introduction of employee stock ownership and stock option plans to enhance long-term development confidence and attract core talent [23][24] - The company is positioned as a leader in solder paste printing equipment, with a focus on high-end product demand driven by AI trends [33][34] - New product lines, including dispensing and packaging equipment, are expected to contribute to growth, with significant revenue increases anticipated [34][36] Group 5: Media Industry - The report on Giant Legend highlights the rapid growth of its IPs, particularly the "Zhou Classmate" and "Liu Genghong," which have gained substantial popularity on social media platforms [28][29] - The company is expanding its strategic investments to enhance collaboration with international stars and develop consumer products linked to its IPs [29][30] - Future growth is expected through a diversified approach that integrates emotional value into various products and experiences, positioning the company as a "disseminator of happiness" [30][31] Group 6: Mechanical and Building Materials - The report on Kaige Precision Machine outlines the company's leadership in solder paste printing equipment and its expansion into new product categories driven by AI [33][34] - The company is expected to see significant growth in its new product lines, including flexible automation equipment, which are crucial for enhancing manufacturing efficiency [34][36] - Profit forecasts indicate strong growth potential, with expected net profits increasing significantly over the next few years [36]

Group 1 - The core event is the launch of the Xiaomi 17 Ultra and Xiaomi 17 Ultra Leica Edition, marking an upgrade in the strategic partnership between Xiaomi and Leica, which began in 2022 [2] - The Xiaomi 17 Ultra is available in four colors with a starting price of 6,999 yuan, while the Leica version starts at 7,999 yuan, with sales commencing on December 27 [2] - This event also introduced five new products in Xiaomi's ecosystem, including the Mijia central air conditioning and Xiaomi smart home screen, indicating a new phase for Xiaomi's home appliance business [2] Group 2 - The partnership with Leica has evolved from "joint research" to a new "strategic co-creation model," enhancing collaboration in professional imaging technology [2] - Xiaomi's high-end product strategy is emphasized, with all new products positioned in the premium segment, reflecting the company's ongoing commitment to core technology investment [2] - In the first three quarters of the year, Xiaomi's total R&D investment reached 23.5 billion yuan, with an expected annual investment of 32 to 33 billion yuan [2]

Group 1 - The core logic driving "technology growth" will remain unchanged through 2026, according to Dongwu Securities' chief strategist Chen Gang [1] - AI trading is expanding towards applications and edge computing, indicating a shift in focus [1] - The company is optimistic about sectors such as edge consumer electronics and smart vehicles [1]

12月25日晚，在新品发布会上，小米17 Ultra正式发布，起售价6999元。据了解，新机起售价较上一代 Ultra机型涨价500元。 该机搭载全新的徕卡三摄，包括徕卡1英寸主摄、徕卡2亿像素潜望长焦以及徕卡5000万像素超广角。 图片来源：小米发布会 小米集团合伙人、总裁卢伟冰表示："小米17 Ultra一定是今年过年期间最强的烟花神器，大家可以放心 用它拍烟花发朋友圈。" 卢伟冰透露，小米17Ultra是小米Ultra系列首款2D直屏机型，也是迄今最薄的Ultra，厚度仅8.29mm。 25日晚，小米创办人，董事长兼CEO雷军在微博发文称："小米17Ultra新一代小米夜神，6999元起，已 开启预售。徕卡1英寸光影大师，LOFIC 超高动态技术、徕卡2亿像素光学变焦，中长焦全1/1.4″大底、 75mm-100mm 任意焦段，2亿像素光学直出、6800mAh 超大电量，搭载第五代骁龙8至尊版 。" 每日经济新闻综合公开信息 ...