Market Overview - As of June 15, 2025, there are 267 companies listed on the Beijing Stock Exchange (BSE), with a total share capital of 37.331 billion shares and a circulating share capital of 23.848 billion shares [2] - For the week of June 9 to June 15, the BSE recorded a trading volume of 7.448 billion shares, a week-on-week increase of 63.81%, and a trading value of 1630.50 billion yuan, up 64.09% from the previous week [3] Index Performance - The BSE 50 Index fell by 3.11% to 1382.74 points during the same week, with 10 stocks rising, none remaining flat, and 35 stocks declining [3] - The top performer was Air China Ocean (833171), which increased by 24.44%, while the largest decline was seen in Binhang Technology (839493), which dropped by 12.60% [3] New Listings and Applications - One company successfully listed on the BSE during the week, bringing the total to 267 [6] - There are currently 83 companies awaiting approval, with 15 under review, 57 in inquiry, and 10 submitted for registration [5] Company Highlights - **Jiaoda Iron Development Co., Ltd. (920027)**: Listed on May 13, 2025, with a first-day trading surge of 295.91%, closing at 31.90 yuan, a 262.09% increase. The company focuses on intelligent products and equipment for rail transit [8][9] - **Sanxie Electric Co., Ltd. (873669)**: Passed the listing committee meeting on June 9, 2025, aiming to raise 1.59 billion yuan for expansion and R&D projects [12][13] - **New Hengtai New Materials Co., Ltd. (874327)**: Received listing application acceptance on June 10, 2025, with plans to raise 3.80 billion yuan for new material projects [15][16] - **Koleidi Medical Equipment Co., Ltd. (873414)**: Listed application accepted on June 12, 2025, seeking to raise 2.99 billion yuan for product development and production [17][18] - **Ying's Holdings Group Co., Ltd. (874431)**: Received listing application acceptance on June 13, 2025, with plans to raise 3.34 billion yuan for various projects [19][20] Financial Performance - **Jiaoda Iron Development**: Reported revenues of 2.35 billion yuan, 2.73 billion yuan, and 3.35 billion yuan from 2022 to 2024, with net profits of 337.99 million yuan, 476.56 million yuan, and 533.92 million yuan respectively [9] - **Sanxie Electric**: Expected to achieve revenue of 2.35 billion to 2.48 billion yuan in the first half of 2025, with a net profit forecast of 28.80 million to 30.50 million yuan [13] - **New Hengtai**: Achieved revenues of 5.30 billion yuan, 6.79 billion yuan, and 7.74 billion yuan from 2022 to 2024, with net profits of 450.00 million yuan, 1.01 billion yuan, and 917.64 million yuan respectively [16] - **Koleidi Medical**: Reported revenues of 2.33 billion yuan, 2.38 billion yuan, and 2.85 billion yuan from 2022 to 2024, with net profits of 693.67 million yuan, 599.18 million yuan, and 672.15 million yuan respectively [18] - **Ying's Holdings**: Reported revenues of 12.96 billion yuan, 17.58 billion yuan, and 19.74 billion yuan from 2022 to 2024, with net profits of 1.17 billion yuan, 2.20 billion yuan, and 2.11 billion yuan respectively [20][21]

Core Insights - The article highlights the significant contributions of Feng Jianghua, the chief scientist of CRRC, in the development of China's high-speed rail technology, showcasing the evolution from the "Zhonghua Star" to the "Fuxing" train series [1][2][3] Group 1: Historical Development - In 1989, Feng Jianghua joined CRRC Zhuzhou Institute, contributing to the development of China's first independently designed high-speed train, "Zhonghua Star," which achieved a record speed of 321.5 km/h [1] - The 2004 approval of the "Medium- and Long-Term Railway Network Plan" by the State Council marked a pivotal moment for high-speed rail development in China, necessitating high-quality trains [2] Group 2: Technological Advancements - Feng Jianghua's team overcame significant challenges in core technologies, leading to the development of the "Harmony" train equipped with domestic power technology, breaking foreign monopolies [2] - The "Fuxing" train, launched in 2017, set a new benchmark in global high-speed rail with a commercial operating speed of 350 km/h [2][3] Group 3: Future Innovations - The CR450 technology innovation project initiated in 2021 aims for higher speed, safety, and sustainability in rail transport, with Feng Jianghua's team focusing on advanced permanent magnet traction technology [3][4] - The upcoming CR450 train, set to be unveiled in December 2024, represents another milestone in China's high-speed rail technology, reinforcing its global leadership [4]

Core Viewpoint - The article highlights a significant breakthrough in China's magnetic levitation technology, showcasing a test vehicle that can accelerate to 650 kilometers per hour in just 7 seconds [1] Group 1 - Researchers at the Donghu Laboratory in Hubei successfully accelerated a 1.1-ton test vehicle to 650 kilometers per hour using magnetic suspension and electromagnetic propulsion [1] - The vehicle achieved a speed of 100 kilometers per hour in less than 1 second, demonstrating the efficiency of the technology [1]

星标 ★ IPO日报 精彩文章第一时间推送 近期，成都市新筑路桥机械股份有限公司（下称"新筑股份"，002480.SZ）公布重大资产出售、发行股份及支付现金购买资产并募集配套资金暨关联交易 预案。 预案显示，新筑股份拟向四川蜀道轨道交通集团有限责任公司（下称"蜀道轨交集团"）出售四川发展磁浮科技有限公司（下称"川发磁浮"）100% 股权、对川发磁浮享有的债权以及其他与轨道交通业务有关的部分资产，拟向四川路桥建设集团股份有限公司（下称"四川路桥"）出售成都市新筑 交通科技有限公司（下称"新筑交科"）100%股权以及其他与桥梁功能部件业务有关的资产和负债。 同时，新筑股份向蜀道投资集团有限责任公司（下称"蜀道集团"）发行股份及支付现金购买其持有的四川蜀道清洁能源集团有限公司（下称"蜀道清 洁能源"）60%股权并募集配套资金。 AI制图 关联交易 按业务分类， 新筑股份的业务主要包括轨道交通业务、光伏发电、桥梁功能部件和其他 。2024年，上述业务分别贡献了13.18亿元、6.47亿元、 4.46亿元、0.73亿元的收入，占公司营业收入的比重分别为53.07%、26.05%、17.94%及2.94%。 近年来，受轨 ...

6月17日，"深圳地铁"相关话题一度冲上微博热搜。 据悉，当天上午，不少网友发帖表示，地铁11号线疑似发生巨响，人群紧急撤离且列车停运。"深圳11号线出现爆炸声冒烟""11号线，车缓行到碧海湾，到站就说 要让我们下车，然后听到爆炸声"…… 不过，在网友提供的现场照片中，未见有明显浓烟，人群也有序离开站台。 对此，深圳地铁发布辟谣声明。深圳地铁表示，经初步排查，地铁11号线列车出现异响的原因为列车电气设备故障触发保护动作导致，现故障列车已推送到存车 线，11号线运行正在恢复中。 9:07，深圳地铁再发公告称，"目前地铁11号线故障正在紧急处理中，距离恢复正常运行还需一段时间"。 6月17日上午，深圳地铁曾3次发布运营公告。当天8:45，深圳地铁公告称，受设备故障影响，地铁11号线发生列车延误，预计影响时间超过20分钟。 综合自：央视财经、深圳地铁微博 责编：万健祎 校对： 李凌锋 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes END 点击关键字可查看 9:20， ...

Core Viewpoint - The successful acceleration of a 1.1-ton test vehicle to 650 kilometers per hour over a distance of 1000 meters demonstrates significant advancements in high-speed magnetic levitation technology in China [1] Group 1: Technological Achievements - Researchers at the East Lake Laboratory in Hubei have utilized suspension support and electromagnetic propulsion to achieve high-speed testing [1] - The test vehicle can accelerate from 0 to 650 kilometers per hour in less than 1 second, showcasing the efficiency of the new technology [1] - The newly constructed 1000-meter high-speed magnetic levitation test line serves as a crucial platform for the research and testing of high-speed trains in China [1] Group 2: Operational Capabilities - The technology allows for "ground-effect flying," enabling the vehicle to decelerate to zero speed within 200 meters, indicating precise control over acceleration and braking [1] - The combination of strong electromagnetic assistance and accurate speed measurement positioning enhances the reliability of the system [1]

Core Points - The introduction of smart luggage lockers at the Huqingchi Station of Xi'an Metro Line 9 enhances convenience for tourists during the summer travel peak, allowing them to explore the city without the burden of carrying luggage [1][2] - The initiative reflects the city's commitment to refined services and governance, catering to the needs of visitors and improving the overall tourist experience [2] Summary by Sections Tourist Convenience - The smart luggage lockers provide a solution to the common issue of carrying luggage while sightseeing, transforming a cumbersome experience into a more enjoyable one [1] - The lockers are strategically located near popular attractions such as the Bell Tower, Yongning Gate, and Big Wild Goose Pagoda, facilitating easier access for tourists [1] Service Quality - The lockers are designed to accommodate various luggage sizes and feature a user-friendly interface, making them accessible for all age groups [2] - Multiple payment options, including WeChat and Alipay, are available, enhancing the usability for passengers [2] City Image Enhancement - By addressing the practical needs of tourists, the city improves its image and potentially increases visitor traffic and spending [1] - The initiative is part of a broader trend towards micro-level management in urban services, aiming to provide a more thoughtful and responsive experience for all city users [2]

"深圳11号线出现爆炸声冒烟""11号线，车缓行到碧海湾，到站就说要让我们下车，然后听到爆炸声"…… 6月17日上午，不少网友发帖表示，地铁11号线疑似发生巨响，人群紧急撤离且列车停运。 r the d a long to the see a 深圳地铁 11号线怎么了? 暴雨天本来就很惨, 地铁还 崩了 段 #深圳地铁 11号线##深圳地铁# 网友提供的现场照片中，未见有明显浓烟，人群也有序离开站台。 本来以为等九分钟就能上地铁,结果那趟地铁直接不 停站,无人通知。下一班又是十二分钟,真不管打工 人死活 3 #深圳地铁##深圳地铁 11号线# 深圳地铁 11号线是怎么了,因地铁上近 20分钟了, 打工人伤不起#深圳地铁 11号线# 1 0 0 0 0 0 0 a - 深圳地铁 11号线终于动了，我在碧头站甚至碧头到松 岗中间,等了快40分钟吧,绝对有了,40分钟啊啊 08可 08可 08到 0891 0821 089 089 089 089 深圳地铁 11号线怎么了 ◎ 马上迟到了都,人都挤满 了#深圳地铁##深圳地铁 11号线# #深圳地铁11号线#34开始的,已经快 40分钟了 厂가 甘肃 . . id ...

【环球时报赴哈萨克斯坦特派记者 赵觉珵】第二届中国—中亚峰会将在哈萨克斯坦首都阿斯塔纳举 行，此次峰会将为构建更加紧密的中国—中亚命运共同体注入新动能。就在峰会举行前几天，作为中国 与哈萨克斯坦共建"一带一路"合作标志性工程，阿斯塔纳轻轨项目首列列车完成吊装。该项目不仅是中 亚地区首条城市轻轨线路，还是该地区首条全部采用中国标准和中国装备建造的轨道交通项目。建成通 车后，线路两端的通勤时间可以缩短近一半。负责承建该项目的中国企业，正通过过硬的专业能力、负 责的履约精神以及令人惊叹的"中国速度"，为中哈以及中国与中亚合作增添新篇章。 符合当地发展需求 6月11日，由两节车厢组成的蓝色列车被成功吊装至阿斯塔纳轻轨项目101号车站。次日，第二组列车也 在另一车站完成吊装。"阿斯塔纳越来越堵了，轻轨赶快修好通车吧。"在被问及这一正在修建的轻轨项 目时，不少当地民众都对《环球时报》记者这样说。 根据哈萨克斯坦国家统计局发布的数据，2024年阿斯塔纳的人口增长率近7%，位居全国第一。目前， 阿斯塔纳人口约有150万，预计到2035年将增长至250万人。然而，这座城市在设计之初仅计划容纳60万 人。 近年来，随着越来越多人 ...

Core Insights - The integration of AI with the low-altitude economy is creating new production factors and economic forms, positioning China to carve out a unique industrial development path due to its latecomer advantage and intelligent approach [1][2][3] Low-altitude Economy Overview - The low-altitude economy refers to activities involving manned and unmanned aerial vehicles operating below 1,000 meters (up to 3,000 meters), which can significantly reduce construction and operational costs compared to ground transportation [2][3] - The global low-altitude economy is projected to reach approximately $1.5 trillion by 2040, while China's Civil Aviation Administration aims for a target of 3.5 trillion yuan by 2035 [3] AI Development in Low-altitude Economy - AI is evolving from rule-based systems to deep learning and large models, with a dual-track development of general and vertical large models [3] - The focus for Chinese enterprises should be on developing vertical large models tailored to specific business scenarios for effective AI application [3] Industry Structure and Challenges - The low-altitude economy consists of four interdependent sectors: aircraft manufacturing, digital infrastructure, airspace management, and operational services, which together form a complete industrial ecosystem [4][5] - Current challenges include a lack of unified operational rules and safety standards, leading to a situation where many manufacturers are hesitant to operate their aircraft despite having the technology [5][7] Future Development Phases - The evolution of the low-altitude economy can be divided into three phases: - Short-term (1-3 years): Empowering scenarios such as agricultural pest control and power line inspections, with significant cost advantages [5][6] - Mid-term (3-5 years): Scaling logistics scenarios, including urban delivery and cross-border transport, with successful pilot projects already underway [6] - Long-term (8-10 years): Revolutionizing manned transport, starting with tourism experiences and gradually expanding to commuting, ultimately aiming for flying cars [6] Investment Considerations - Three validation principles for investments in the low-altitude economy include the authenticity of demand, technical feasibility, and financial sustainability [6] - Lessons from the bankruptcy of German eVTOL company Volocopter highlight the risks of overextending and the importance of a stable funding chain [7] Industry Collaboration and Future Outlook - The future industrial ecosystem will require deep integration of AI, low-altitude vehicles, robotics, and traditional industries, emphasizing the need for a balanced approach to avoid blind investments [8]