Market Overview - The Hong Kong stock market opened high but closed lower, with the Hang Seng Index down 0.71% to 25,635.23 points and a total turnover of HKD 224.51 billion [1] - The Hang Seng Tech Index fell 0.3% to 5,483.01 points, while the Hang Seng China Enterprises Index decreased by 0.26% to 8,891.71 points [1] Consensus and Divergences - Huatai Securities noted two main consensus points: 1. The logic of the bulk commodity sector is solid, leading to a rapid revaluation 2. Weak recovery in domestic demand suggests a left-side allocation in the consumer sector [1] Blue Chip Performance - BYD Company (01211) led blue-chip stocks, rising 3.74% to HKD 97.1, contributing 20.66 points to the Hang Seng Index [2] - Other notable blue-chip performances included Geely Automobile (00175) up 3.43% and Industrial and Commercial Bank of China (01398) up 1.63% [2] Sector Highlights - The automotive sector saw most stocks rise, with NIO-SW (09866) up 4.89% and Xpeng Motors-W (09868) up 3.88% [3] - The robotics sector showed strong performance, with MicroPort Robotics-B (02252) surging 25.85% and UBTECH (09880) rising 9.13% [4] Individual Company News - UBTECH plans to acquire Fenglong Co. for HKD 1.665 billion, focusing on garden machinery and automotive components [5] - MicroPort Robotics reported over 230 cumulative orders for its surgical robots, with over 160 orders for its bronchoscopic surgical robot "Dudao" [5] Gold Sector Performance - Gold stocks generally retreated, with Zijin Mining International (02259) down 5.86% and Chifeng Jilong Gold Mining (06693) down 5.4% [5] - The gold market experienced volatility, with spot gold prices dropping below USD 4,450 per ounce [6] Power Sector Performance - Power stocks faced pressure, with Huaneng International (00902) down 6.48% and Datang International Power Generation (00991) down 4.7% [6] - The announcement of long-term electricity prices in Guangdong indicated a decline, with a 19.72 cents per kilowatt-hour drop [6] Notable Stock Movements - Junda Co. (02865) surged 21.65% following a strategic partnership announcement in the space energy sector [7] - Youjia Innovation (02431) rose 15.45% as the first batch of L3 autonomous vehicles began large-scale operation [8] - Goldwind Technology (02208) increased by 13.7% after the release of new listing standards for commercial rocket companies [9] - Jiantao Laminates (01888) rose 6.81% due to a price increase announcement amid rising copper prices [10] - MGM China (02282) fell 17.14% after a report indicated a significant increase in brand usage fees starting in 2026 [11]

Market Overview - The Hong Kong stock market opened high but closed lower, with the Hang Seng Index down 0.71% to 25,635.23 points and a total turnover of HKD 224.51 billion [1] - The Hang Seng Tech Index fell 0.3% to 5,483.01 points, while the Hang Seng China Enterprises Index decreased by 0.26% to 8,891.71 points [1] - Huatai Securities noted significant volatility in asset performance this year, leading to a decline in the clarity of investment themes [1] Blue Chip Performance - BYD (01211) led blue-chip stocks, rising 3.74% to HKD 97.1, contributing 20.66 points to the Hang Seng Index [2] - Other notable blue-chip performances included Geely Automobile (00175) up 3.43% and Industrial and Commercial Bank of China (01398) up 1.63% [2] - Sands China (01928) and CK Hutchison Holdings (00001) faced declines of 4.46% and 3.35%, respectively, negatively impacting the index [2] Sector Highlights - The automotive sector saw most stocks rise, with NIO-SW (09866) up 4.89% and Xpeng Motors-W (09868) up 3.88% [3] - The commercial aerospace sector experienced significant gains, with JunDa Co. (002865) surging 21% due to strategic partnerships in space energy applications [4][7] - Robotics stocks showed strong performance, with MicroPort Robotics-B (02252) rising 25.85% following the establishment of a new standards committee for humanoid robots [4] Individual Company News - Youjiao Innovation (02431) saw a 15.45% increase as the first batch of L3 autonomous vehicles began large-scale operation [8] - MGM China (02282) faced a significant drop of 17.14% due to increased brand usage fees expected to reach HKD 1.2 billion in 2026, impacting EBITDA forecasts [11] - JunDa Co. announced a strategic investment in Shangyi Optoelectronics, focusing on perovskite battery technology for space applications [7]

盟升电子(688311.SH)发布公告，2025年12月29日，公司与四川能投发展股份有限公司(以下简称"四川能 投发展")签订了《战略合作协议》，为充分发挥双方资源优势，深化电力行业技术创新与业务协同，推 动电力通信、物联网、数据智能等领域的合作落地，双方本着"自愿、公平、合作、创新、共赢"的原 则，共同商定并达成战略合作协议。 ...

南财智讯12月29日电，盟升电子公告，公司近期与四川能投发展股份有限公司签署《战略合作协议》。 双方将围绕电力通信网络协同创新、数据智能与安全一体化平台建设、天地一体化卫星通信与物联网应 用、电力设备抗干扰能力提升、资本深度融合及技术融合机制等方面开展合作。本协议为框架性约定， 不涉及具体项目及金额，对公司2025年度及未来业绩不构成直接影响，具体影响需视后续项目推进情况 而定。本次协议无需提交董事会和股东会审议，公司将根据后续进展履行相应信息披露义务。 ...

Market Performance - The three major A-share indices showed mixed performance on December 29, with the Shanghai Composite Index up 0.04% to 3965.28 points, while the Shenzhen Component Index fell 0.49% to 13537.1 points and the ChiNext Index dropped 0.66% to 3222.61 points [2] - A total of 1993 stocks rose while 3325 stocks fell across the exchanges, with a total trading volume of 21,393 billion yuan, a decrease from the previous day's 21,601 billion yuan [3] Sector Performance - The defense and military sector saw strong gains, with several stocks hitting the daily limit or rising over 10%, including Aerospace Huanyu and Guangwei Composites [5] - The oil and petrochemical sector led the market, with stocks like Intercontinental Oil and Unified Shares reaching the daily limit, while several banks also experienced gains of over 3% [5] - The lithium battery supply chain faced declines, with significant drops in retail stocks and sectors like Hainan Free Trade Zone and cross-border e-commerce [2][5] Market Outlook - Citic Securities indicated that the A-share market has entered a cross-year rally, driven by positive signals from the Shanghai Composite Index and optimistic expectations from institutional investors [7] - The market is expected to experience a "spring surge" as liquidity improves and policy expectations rise, with the overall market showing signs of strength [7] - Guosheng Securities noted that while the market is still in a phase of adjustment, there are opportunities for investors to position themselves ahead of potential upward movements [8] Investment Recommendations - Huatai Securities suggested that despite a short-term market adjustment, there is potential for a spring rally, recommending investments in sectors such as batteries, chemicals, military, and consumer goods [9] - The report emphasized the importance of focusing on stocks with pricing power and policy support within these sectors [9]

12月24日，两江新区220千伏人和变电站、悦来变电站、复盛变电站及35千伏铁山坪变电站内，多架无 人机先后从站内无人机机场平稳升空，沿预设航线开展远程自主巡视。与此同时，国网重庆市北供电公 司输电运检中心数智管控班李吉兵正紧盯屏幕，同步对多个站点无人机回传的影像数据进行实时监测与 记录。 目前，国网重庆市北供电公司已在辖区全面部署41座无人机机场，实现适航区10千伏至800千伏线路全 电压等级、全专业全域覆盖，建成两江新区最大规模无人机在线监测网络，较传统线路巡视效率提升7 倍。 为确保建设成效，无人机机场部署精准匹配巡检需求，一方面针对不同层级设备实施差异化巡检；另一 方面，针对重要区域采用"单站多机、多站多机"模式，形成交叉互补、互为备用的格局，例如"礼嘉-翠 云-悦来"片区的三座变电站通过各部署两台无人机机场，确保巡检无死角、关键时段不中断。 下一步，国网重庆市北供电公司将持续深化无人机机场应用场景建设，充分发挥无人机在变电、配网专 业设备巡检中的高质效优势。同时加快推进无人机在远程安全督查中的应用，提升施工作业安全管理精 细度；积极联动林业、消防、应急等政府部门，进一步提升应急响应处置速度，为电网安 ...

截至12月25日，国网福建省电力有限公司（以下简称"福建电力"）年度售电量达3004.38亿千瓦时，同 比增长5.88%，突破3000亿千瓦时；福建全社会用电量达3487.8亿千瓦时，同比增长6.4%。这一数字约 等于3个三峡水电站的年均发电量，标志着福建电力供应保障能力迈上新台阶。 福建，这片自古便有"敢拼会赢"精神的土地上，正在描绘高质量发展的绚丽篇章。 电力是经济社会发展的重要基础和支撑。从2010年1000亿千瓦时到2018年2000亿千瓦时再到目前的3000 亿千瓦时，售电量的快速倍增，不仅折射出福建经济发展总体平稳、稳中有进，更是福建电力深化新时 代电力让党和政府满意、让人民群众满意"双满意"工程，持续推动能源转型，增强保供能力，提升服务 水平的生动注脚。 含"活"因子筑牢增长根基 新落地总投资33亿元的稀土冶炼分离及深加工、总投资15.6亿元的德尔含氟半导体等重大项目……近年 来，龙岩市发挥资源优势，发展县域重点产业链，"矿业+新能源""矿业+新材料"不断延链补链。1~9 月，锂电新能源产值增长17.1%，新材料产值增长24.4%，在新质生产力的推动下，龙岩市不断加快从 原材料大市迈向新材料强市 ...

党员冲锋在哪里，党旗就飘扬在哪里。公司党委坚持以人民为中心的发展思想，组建"党员攻坚队""金 丝带志愿服务队"等6支先锋队伍，在重大项目送电、极端天气抢修、乡村振兴用电中挺身而出。围绕企 业"用电难、成本高、审批慢"等问题，推行"党员领衔办"服务机制，建立需求、政策、任务三张清单， 开展"链上企业大走访"58次，为重点项目提供从前期咨询到送电投运的全流程闭环服务。全年出具能效 诊断报告153份，提出优化建议290条，预计年节约用电成本超860万元。在棠张镇蔬菜示范园，党员服 务队制定"二十四节气服务表"，实施"一棚一档"精准管理，新建线路11.31千米，增容变电容量20万千伏 安，助力特色农业与乡村旅游融合发展。同时，聚焦老年群体数字鸿沟问题，成立"徐电银龄"志愿服务 队，通过"银青搭档"开展方言反诈宣传、智能设备教学等公益活动30余场，让电力服务既有力度更有温 度。 打造"融合样板"，彰显绿色转型时代担当 党建工作的成效最终体现在发展实绩上。公司党委主动融入全区"两山"理念实践和新型电力系统建设大 局，在丰车汇新能源汽车产业园试点打造"加盟式"微电网共建模式，实现绿电年发电量680万千瓦时， 并在生物医药、 ...

招聘会在岗位供给上实现了从高端研发人才到技能人才的全链覆盖。博士岗位近9000个、硕士岗位超 1.2万个、本科岗位超3.5万个，部分企业还提供超8000个专科岗位，为不同学历背景的求职者搭建了广 阔舞台。同时，招聘会既涵盖面向应届毕业生的正式岗位，也为2027届毕业生提供超1万个实习机会， 华为、比亚迪等50家企业现场开启了预实习申报通道，聚焦AI算法、机械设计等前沿领域，提前储备 青年后备力量。 12月27日至28日，"百万英才汇南粤"秋季大型综合招聘会在深圳成功举办，这场盛会汇聚了1825家重点 用人单位，提供超6.5万个优质岗位，两天入场求职人数近15万，来自国内外1700多所高校。这不仅是 一场人才与机遇的盛大聚会，更是广东作为经济大省在就业领域积极担当、探索创新的生动实践， 为"经济大省挑就业大梁"提供了诸多新思路与新可能。 此次招聘会由广东省21市协同联动，构建起覆盖全行业、全省域、全产业链的引才矩阵。华为、腾讯、 比亚迪等超40家世界500强企业，TCL、优必选等超300家上市公司，纽恩泰新能源、元戎启行等超400 家"专精特新"企业，中广核、南方电网、南方航空等超250家央国企，以及超50家科 ...

【着力优化营商环境 助推高质量发展】 省住建厅紧紧围绕提升工程建设项目审批质效、优化市政公用服务等重点任务，以审批提速、服务提质 推动工程项目早落地、快投产。工程建设项目审批制度改革质效连续位居西北第一，水气热报装便利度 大幅提升。以制度创新为发力点，构建工程项目审批"新模式"。从顶层设计入手，推进审批流程再造， 推动政策迭代升级；以平台建设为关键点，打造数字审批服务"快车道"。把全省工程审批系统建设作为 重要抓手，审批服务向数字化、智能化转型；以高效集成为切入点，实现市政公用服务"极简办"。将企 业群众的办事体验作为衡量标准，全面推动市政公用服务提质增效。 省大数据中心致力打造"数据多跑路、群众少跑腿"的办事环境，以高效便捷的政务服务助力营商环境提 升。推动政务服务模式从"单事项服务"向"高效办成一件事"转变。坚持以企业群众需求为导向，系统推 进政务服务流程再造、材料精简、效率提升。聚焦企业诉求响应，创新开设"陇商通"一键服务系统，实 现企业诉求"一站式"受理、全流程督办、闭环式办结。上线以来，累计办结企业诉求6.1万件，按期办 结率100%，持续营造"亲商、安商、扶商"的浓厚氛围。 国网甘肃省电力公司围绕 ...