"'十四五'五年对公司发展意义重大。宁波精达（603088）凭借国家在高端装备制造、新能源产业等国 家产业政策扶持下，新能源高速精密压机等新业务得到快速增长，形成公司第二增长极，依托资本市场 机制，引入宁波国资通商控股集团成为控股股东，其间产业整合收购了行业模具龙头企业无锡微研，进 一步拓展了业务边界。"近日，宁波精达相关负责人在接受证券时报记者专访时表示。 "十四五"时期主营业务稳增 宁波精达主营换热器装备、精密压力机和微通道换热装备，产品分别应用于空调、冷冻冷链行业、汽车 热管理系统，新能源领域等。"十四五"（2021年—2025年）时期，公司营收与净利润持续增长；2024年 实现营业收入8.18亿元，同比增长15.38%；归母净利润1.65亿元，同比增长3.37%，达成营收利润双 增。 近年来，随着新能源整车热管理、AI算力中心、绿电氢能、空天海工等新兴领域的快速崛起，公司微 通道换热器装备厚积薄发，形成了产品体积小、热交换效率高、智能化程度高、成本显著等优势。公司 微通道换热器装备已经进入通用、马勒、法雷奥、电装、三花、银轮、长城、比亚迪（002594）、广汽 等国内外知名汽车零部件厂和主机厂。 值得 ...

花旗发表研究报告指，中集安瑞科过去一个月的股价升幅跑赢恒指，相信主要是由于其商业航空业务正 快速发展。根据中集安瑞科管理层的说法，公司今年的相关业务收入已超过1亿元，其中50%来自海 外。该行认为，虽然该业务收入有限，但由于早前中国国家航天局发布《推进商业航天高质量安全发展 行动计划(2025—2027年)》，因此该业务或可成为中集安瑞科的快速增长部分。另外，该行预计在低利 率环境下，中集安瑞科的清洁能源业务及化工业务亦见复苏，予其"买入"评级，目标价9.5港元。 ...

Core Viewpoint - The launch of the medium-thick plate container carrier project in Urumqi's advanced manufacturing technology industrial park marks a significant advancement in the equipment manufacturing industry in Xinjiang, addressing key bottlenecks and enhancing local supply chain capabilities [1][2]. Group 1: Project Launch and Impact - The medium-thick plate container carrier project includes four intelligent production lines with a 95% automation rate, aimed at meeting the diverse needs of the automotive and engineering machinery sectors [2]. - The project is expected to provide 60% of its production capacity to local companies, including Shaanxi Automobile Xinjiang Co., Dongfeng Commercial Vehicle Xinjiang Co., and GAC Passenger Vehicle Co., thereby attracting more upstream and downstream enterprises to the Urumqi Economic and Technological Development Zone [2][3]. Group 2: Local Supply Chain Enhancement - The project will enable local sourcing of large boxes for heavy trucks, which previously required costly transportation from inland regions, potentially saving 5 million yuan annually in transportation costs for Shaanxi Automobile Xinjiang Co. [3]. - The collaboration between local enterprises is expected to create a tightly integrated automotive production system, enhancing local supply rates and reducing dependency on external suppliers [3]. Group 3: Industry Development and Growth - The Urumqi Economic and Technological Development Zone has achieved a transition from single manufacturing to high-end, digital, and clustered development, with a diversified structure centered around wind power equipment, automobiles, agricultural machinery, and textile machinery [4]. - The equipment manufacturing industry cluster in the zone has seen a growth rate exceeding 40% in total output value in 2023, with the number of enterprises increasing to 71, making it a core engine for regional industrial growth [4][5]. Group 4: Future Plans and Strategic Goals - The zone aims to strengthen industry alliances and create high-level common service platforms to support digital collaboration across key industries, including equipment manufacturing and non-ferrous metals [5]. - Plans are in place to promote the export of competitive products, such as intelligent cotton-picking machines and automotive components, to Central Asia and Eastern Europe, establishing a modern equipment manufacturing base that serves Xinjiang and surrounding regions [5].

Core Viewpoint - The lithium battery industry is entering the "TWh era," marking a significant shift in production capacity and demand, with major players ramping up their capacity planning to meet this new standard [1][2]. Group 1: Industry Trends - By 2025, global demand for power batteries is expected to exceed 1300 GWh, with the energy storage market also experiencing explosive growth [2]. - The competition in the "TWh era" is not just about individual companies but rather a test of the resilience of the entire industry chain [2][3]. - The shift from scale competition to a restructured competitive logic is a key change in the lithium battery industry [3]. Group 2: Company Strategy - The company has established a "turnkey" solution capability across the entire value chain, which enhances customer loyalty and creates a significant barrier to entry for competitors [5]. - The company is focused on "extreme manufacturing," leveraging data-driven approaches, AI empowerment, and flexible automation to overcome challenges related to scale, efficiency, and quality [5]. - The company has formed deep partnerships with top global battery manufacturers, engaging in joint R&D to ensure that its products meet market demands [7]. Group 3: Competitive Advantages - The company benefits from a large delivery scale, which provides advantages in supply chain negotiations, core component self-research, and cost control [8]. - The company emphasizes a "platformization" strategy, a robust R&D innovation system, and global localized service capabilities as its core competitive strengths [8]. - The company is proactively defining next-generation technologies, such as solid-state battery equipment, to maintain its leading position in the market [8]. Group 4: Market Positioning - The company advocates for a shift from price competition to a "value war," focusing on total cost of ownership (TCO) rather than just equipment purchase prices [9]. - The company aims to avoid low-end capacity competition by targeting high-tech, high-barrier markets such as solid-state batteries and large-capacity energy storage [9]. - The company is expanding its global presence to seek new growth opportunities, emphasizing the importance of technology stability and delivery capability in overseas markets [9]. Group 5: Financial Performance - In the first half of 2025, the company's overseas business generated revenue of 1.154 billion yuan, with a gross margin of 40.27%, surpassing the overall business gross margin [10]. - The company is actively participating in the formulation of national and international industry standards to promote the standardization and modularization of equipment manufacturing [10].

要把昆明的分量做起来，才能带动滇中的发展。 云南明确了未来5年区域发展的战略，省会昆明继续被委以重任。 12月29日，《中共云南省委关于制定云南省国民经济和社会发展第十五个五年规划的建议》（下称《云南省"十五五"规划建议》） 发布，提出推动形成"昆明率先、滇中引领、区域协同、廊带联动、全域开放"的区域协调联动格局。 《云南省"十五五"规划建议》还提出，支持昆明率先基本实现社会主义现代化。推动滇中地区更好发挥全省经济社会发展核心区和 动力源作用。鼓励各地区立足比较优势各展所长、协同联动、错位发展。推动中国—中南半岛经济走廊、孟中印缅经济走廊和沿 边、沿线、沿江经济带联动发展。 与其他中西部省份一样，云南对省会发展也寄予厚望。2021年，云南省"十四五"规划提出"做大做强昆明省会城市"。到2025年，昆 明市地区生产总值占全省经济总量的比重达到30%以上，战略性新兴产业增加值比重达到17%以上，常住人口城镇化率达到75%以 上。 2022年，云南正式提出实施"强省会"行动，出台了一系列政策措施；同时，又建立了"强省会"行动协调推进工作机制，云南省省长 王予波亲自召开了9次现场会研究推动127个事项有关工作，从政策 ...

Core Insights - The competition between Tianjin and Qingdao for the title of "Northern Second City" is intensifying, with GDP differences narrowing significantly from 1.83 times in 2015 to just 42.61 billion yuan in 2023 [1][3][5] - Qingdao's economic growth rate of 5.4% surpasses Tianjin's 4.7%, indicating a stronger growth momentum [3][5] - The economic rivalry is not only about city rankings but also reflects broader national economic dynamics, with Qingdao potentially surpassing Tianjin by the end of 2024 [5][20] Economic Performance - Tianjin's GDP reached 13,416.08 billion yuan in the first three quarters of 2023, while Qingdao's GDP was 13,373.47 billion yuan, a difference of only 42.61 billion yuan [1] - Qingdao's GDP increment for the first three quarters was 974.37 billion yuan, compared to Tianjin's 742.21 billion yuan, highlighting Qingdao's stronger economic growth [5] - In 2024, Qingdao's per capita disposable income is projected to be 68,800 yuan, significantly higher than Tianjin's 57,700 yuan [18] Industrial Dynamics - Qingdao's industrial output value increased by 7.7% year-on-year, with equipment manufacturing growing by 12.2%, accounting for 55.7% of the total industrial output [9][12] - Tianjin maintains a robust industrial base with an industrial output value of 5,738.71 billion yuan in 2024, supported by 12 key industrial chains [12][14] - The growth of new production capacities in Qingdao is notable, with significant increases in the production of optoelectronic devices (77%), integrated circuit wafers (68%), and virtual reality devices (65.8%) [11] Strategic Positioning - Tianjin benefits from its status as a direct-controlled municipality, which provides advantages in national strategic projects and innovation resource integration [14][16] - Qingdao, while a lower administrative level city, has a strong regional influence, with a resource aggregation capability that attracts talent and industry from surrounding areas [16] - Both cities are focusing on future development, with Tianjin aiming for high-quality growth and Qingdao targeting a GDP of over 20 trillion yuan by 2025 [20][22] Future Outlook - Analysts suggest that while Qingdao is closing the gap, Tianjin's historical "second-half surge" in GDP could complicate Qingdao's efforts to surpass it in 2025 [20] - The ultimate winner in the competition for the "Northern Second City" will depend on which city can achieve a successful industrial transformation and lead the high-quality development of the northern economy [22]

Consumption - In November 2025, the total retail sales of consumer goods reached 43,898 billion yuan, with a year-on-year growth of 1.3%, down 1.6 percentage points from the previous value of 2.9%[12] - Sales of "two new" products and real estate-related consumption continued to decline, with automotive consumption down 8.3% and home appliances down 19.4% year-on-year[12] - Service retail sales grew by 5.4% year-on-year from January to November, indicating a gradual release of service consumption potential[14] Investment - Fixed asset investment continued to decline, with a year-on-year decrease of 2.6% in November, marking three consecutive months of negative growth[23] - Real estate development investment fell by 31.4% year-on-year in November, a significant increase in the decline compared to the previous month's 23.2%[23] - Equipment purchase investment showed a year-on-year growth of 6.3%, contributing 1.8 percentage points to overall investment growth[24] Trade - In November, exports increased by 5.9% year-on-year, rebounding from a previous decline of 1.1%[32] - Exports to the EU saw a significant recovery with a growth rate of 14.8%, while exports to the US decreased by 28.6%[32] - Imports rose slightly by 1.9% year-on-year, with notable increases in the import of integrated circuits and automatic data processing equipment[34]

本文转自【科技日报】； 12月29日，我国首台全面国产的大F级商用燃机项目——华电望亭发电厂二期燃机5号机组，顺利通过168小时满负荷试运行并正式投产。这标志着，我国 首次实现商用燃机国产化制造产业链全线贯通。 项目5号机组由中国华电联合上海电气等产业链上下游单位协同攻关，成功攻克核心部件制造、系统自主可控、大容量全氢冷发电机、低氮燃烧优化、机 组可靠性提升等多项关键技术难题，累计产生30余项创新成果，实现了从核心部件研发应用到整机运维的自主可控。这一里程碑式的突破，为我国重型燃 机产业向高端化、智能化、绿色化方向进阶注入强劲动力。 记者 代小佩 图片来源：江苏华电望亭发电厂 作为装备制造业领域"皇冠上的明珠"，大F级燃气轮机集高精尖技术、新型材料与复杂工艺于一体，是构建新型能源体系、保障国家能源安全的关键核心 装备。 华电望亭发电厂二期燃机项目位于江苏省苏州市，共建设2台大F级494兆瓦燃气—蒸汽联合循环机组，均采用全球首批500兆瓦全氢冷发电机。 ...

Core Viewpoint - The Ministry of Industry and Information Technology (MIIT) of China has issued the "Manufacturing Industry Pilot Standard System Construction Guide (2025 Edition)" to accelerate the efficient transformation and application of major technological achievements, emphasizing the establishment of pilot verification and testing platforms [1][3]. Group 1: Standard System Construction - The guide aims to revise and establish over 50 standards by 2027 and 100 standards by 2030, creating an advanced manufacturing pilot standard system that includes basic general, key technology, and industry application standards [1][11]. - The manufacturing pilot is a transitional test that connects the technology chain, innovation chain, and industry chain, facilitating the flow of technological innovation to market application [7][1]. Group 2: Structure of the Standard System - The manufacturing pilot standard system consists of three parts: basic general standards, key technology standards, and industry application standards [2][13]. - Basic general standards provide the foundational support for the pilot system, while key technology standards define requirements for equipment, materials, platforms, validation, and outcome evaluation [2][13]. Group 3: Industry Application Focus - The guide emphasizes the need for industry-specific and actionable pilot standards, particularly in emerging and future industries such as brain-computer interfaces, the metaverse, artificial intelligence, quantum technology, and clean hydrogen [2][3]. - The industry application standards ensure that pilot activities are conducted scientifically within specific industries, covering sectors like raw materials, equipment manufacturing, consumer goods, and information technology [2][13]. Group 4: Development Status and Future Goals - China has established over 2,400 pilot platforms, with 241 selected as key cultivation platforms by MIIT, which have undertaken 25,000 pilot service projects [3][4]. - By the end of 2027, the goal is to further strengthen high-level pilot platforms and establish a modern pilot platform system with a nationwide service network [3][4].

Core Insights - The article highlights the significant economic growth and development achievements of Guang'an during the "14th Five-Year Plan" period, showcasing a GDP increase from 130.1 billion to an expected 1.7 trillion, crossing four hundred billion milestones in five years [3]. Economic Development - Guang'an's GDP has shown remarkable growth, with figures rising from 130.1 billion to an expected 1.7 trillion, indicating a strong economic trajectory [3]. - The region has successfully navigated numerous challenges, including the pandemic and economic pressures, while achieving substantial economic milestones [5][11]. - The establishment of the Sichuan-Chongqing High Bamboo New District has led to over 100 reform outcomes and a 98.2% industrial investment growth rate, positioning Guang'an as a model for regional development [8][9]. Strategic Initiatives - Guang'an has implemented four major strategies: "Same City Integration," "Quality Towns and Prosperous Villages," "Quality Leadership," and "Industry Support," aimed at accelerating the construction of a cooperative demonstration zone with Chongqing [20]. - The city has focused on project-driven growth, with 457 projects totaling over 700 billion in investments, and has seen a significant increase in funding for development projects [23][24]. Industrial Growth - Guang'an is witnessing a transformation in its industrial landscape, with major projects like the 16.7 billion investment in the HeBang Biological annual production facility for glyphosate, marking the largest single project since the city's establishment [36]. - The region is enhancing its industrial capabilities by developing green chemical, equipment manufacturing, and health industries, while also fostering new emerging sectors [39][40]. Infrastructure Development - Guang'an is investing heavily in transportation infrastructure, with over 600 billion allocated to improve connectivity, including highways and railways, enhancing its strategic position near Chongqing [51]. - The city is also focusing on urban and rural integration, with initiatives to improve public amenities and enhance the quality of life for residents [52][53]. Social Welfare and Education - Guang'an is prioritizing social welfare, with over 70% of fiscal spending directed towards improving living standards, education, and healthcare services [65]. - The establishment of Guang'an Polytechnic University and partnerships with renowned institutions aim to enhance educational resources and opportunities for local students [27][30]. Cultural and Environmental Initiatives - The city is actively promoting cultural heritage and environmental sustainability, with projects aimed at revitalizing local culture and enhancing the urban landscape [49][50]. - Guang'an is also focusing on creating a vibrant tourism sector, leveraging its historical significance and natural beauty to attract visitors [48].