"去年以来，富士康持续加大在河南的投资力度，新春开局，鸿创成立、产线扩建，龙头企业富士康的 两大动作，有力增强了实体经济发展的信心。"郑州航空港区招商工作部副部长何亮说，两个项目犹如 强劲引擎，将为河南省电子信息产业发展注入澎湃动力，进一步巩固和提升河南作为全球智能终端制造 重要基地的地位。 据了解，河南鸿创科技有限公司由富士康集团旗下子公司——鸿富锦精密电子（郑州）有限公司与郑州 航空港区管委会下属公司——郑州航空港创投集团有限公司共同出资组建，注册资金20亿元，项目将为 郑州航空港电子信息产业发展带来重磅"增量"。作为富士康郑州首家国企合资公司，鸿创科技背负区域 产业升级厚望，将专注于高端电子产品的精密生产与制造，预计今年第二季度正式投产。 来源：环球网 近日，从郑州航空港经济综合实验区获悉，富士康郑州首家国企合资公司——河南鸿创科技有限公司日 前已在郑州航空港区注册成立。与此同时，富士康郑州综保园区一侧，富士康产线扩产项目也正在紧锣 密鼓加紧施工。 "扩产项目是产业存量的稳定发展和再提升，为区域经济提供坚实的基本盘；而鸿创公司增量项目的推 进，将为区域发展注入新活力。二者相辅相成，共同构成郑州航空港电子 ...

Core Viewpoint - Shanghai aims to accelerate the construction of "five centers" to enhance its urban capability and core competitiveness, marking the "14th Five-Year Plan" period as crucial for becoming a globally influential socialist modern metropolis by 2035 [3][4]. Group 1: Five Centers - The "five centers" include international economic, financial, trade, shipping, and technological innovation centers, which are deemed essential for Shanghai's modernization efforts [4]. - The plan emphasizes innovation-driven development and the importance of a coordinated approach between central and local governments to enhance global resource allocation and technological innovation [4]. Group 2: Industrial Structure - Shanghai will implement a "2+3+6+6" industrial structure, focusing on the digital and green transformation of traditional industries and accelerating the development of integrated circuits, biomedicine, and artificial intelligence [4]. - The city aims to establish six emerging pillar industry clusters in electronic information, life health, automotive, high-end equipment, advanced materials, and fashion consumer goods [4]. Group 3: Regional Coordination - The plan calls for higher quality integration of the Yangtze River Delta region, emphasizing cross-regional collaboration in technological and industrial innovation [5]. - By 2035, the functions of the "five centers" are expected to be fully upgraded, with key development indicators reaching international leading levels, and per capita GDP projected to double compared to 2020 [5].

【文/观察者网 张菁娟】据香港英文媒体《南华早报》19日报道，深耕量子传感与精密测量领域十余年 的物理学家由成龙已离开美国，于本月全职加盟位于四川成都的电子科技大学，担任教授一职。 报道称，由成龙此前任职于美国路易斯安那州立大学，是量子物理领域冉冉升起的科研新星。 虽然电子科技大学公开师资名单中暂未更新其任职信息，但他的谷歌学术个人主页已明确将这所高校列 为当前任职单位。 报道称，由成龙此次归国后，将加入电子科技大学量子物理与工程实验室。该实验室成立于2023年，旨 在助力国家研发高密度、高精度量子光子器件，推动量子测量领域的科研进程。 电子科技大学始建于1956年，是中国顶尖的工科院校之一，在电子学、信息技术与通信领域的研究实力 雄厚，为中国国防和科技产业培养了大量专业人才。 此前，美国政府泛化"国家安全"概念，以所谓"外交政策利益"为借口，将多家中国实体列入出口管 制"实体清单"，其中就包括中国电子科技集团旗下多个研究所。 博士毕业后，他留校进入该校量子光子学实验室从事博士后研究工作，并于2023年晋升为助理研究教 授。 在学术研究期间，由成龙不仅深耕理论与实验探索，还与美国国家标准与技术研究院（NIST ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights the significant progress in the development of smart factories in China, with over 15 leading smart factories, more than 500 excellent smart factories, and over 35,000 basic smart factories established, indicating a robust growth trend in the sector [9][10] - The evolution of smart factories is characterized by five core directions: expansion of factory construction, innovation in R&D design paradigms, upgrading of production capabilities, optimization of production management, and advancement in operational management [10][41] - The report emphasizes the need for the manufacturing industry to transition from quantity-driven growth to quality-driven improvements, addressing the challenges posed by global economic slowdowns and changing market demands [17][18] Summary by Sections Overall Trends - The report identifies four main drivers for the transformation of smart factories: industrial upgrades, changing market demands, technological advancements, and international cooperation [17][19] - It outlines a future vision for smart factories that includes the integration of AI across all manufacturing processes, leading to autonomous decision-making and enhanced collaboration within the manufacturing ecosystem [20][41] Industry Practices - The report describes a four-tiered system for cultivating smart factories, which includes basic, advanced, excellent, and leading levels, aimed at promoting digital transformation in manufacturing [41][42] - It notes that over 90% of manufacturing sectors are now covered by smart factory initiatives, with a focus on enhancing traditional industries and empowering consumer-driven sectors [50][49] Regional Development - The report discusses the regional disparities in smart factory development, with eastern regions leading and central regions making breakthroughs, highlighting the importance of localized strategies [12][49] Technology and Industry - The report emphasizes the need for a deep integration of technology and manufacturing systems, advocating for a shift towards a more resilient and intelligent industrial foundation [12][53] Future Outlook - The report envisions a next-generation smart manufacturing landscape characterized by autonomous manufacturing, ecological collaboration, and a focus on sustainability [12][41]

Core Viewpoint - Shanghai aims to build a world-class high-end industrial cluster by establishing a modern industrial system characterized by "2+3+6+6" during the 14th Five-Year Plan period, focusing on advanced manufacturing as the backbone [1][2]. Group 1: Modern Industrial System - The "2" in the "2+3+6+6" system refers to the digital and green transformation of traditional industries [1]. - The "3" represents the acceleration of three leading industries: integrated circuits, biomedicine, and artificial intelligence [1][2]. - The first "6" indicates the development of six emerging pillar industries: next-generation electronic information, intelligent connected new energy vehicles, high-end equipment, advanced materials, new energy and green low-carbon products, and fashion consumer goods [1]. - The second "6" focuses on six future industry fields: future manufacturing, future information, future materials, future energy, future space, and future health [1]. Group 2: Traditional Industries and Performance - Shanghai's traditional industries exhibit strong support, high efficiency, and high-tech characteristics, with a revenue profit margin of 6.2% in 2024, surpassing the national average by 0.8 percentage points [3]. - Nearly one-third of Shanghai's traditional industries are classified as strategic emerging industries, and they hold a significant share in international markets [3]. - Approximately 70% of Shanghai's traditional industries are technology-intensive, indicating a robust technological foundation [3]. Group 3: Leading Industries and Innovations - The integrated circuit industry aims for an overall breakthrough, focusing on building a secure and controllable local industrial ecosystem [4]. - The artificial intelligence sector is set to expand its innovation chain from application layers to foundational frameworks, core algorithms, and computing chips [4]. - By 2025, the artificial intelligence industry in Shanghai is expected to exceed 550 billion yuan, with a growth rate of over 30% [5].

Core Insights - The report highlights the significant achievements and future goals of Jinan City, emphasizing the completion of the "14th Five-Year Plan" by 2025, marking a pivotal period of development for the city [1] Economic Development - Jinan's GDP is projected to surpass four trillion yuan over five years, maintaining its position among the top 20 cities in China, with six districts achieving over one hundred billion yuan in GDP [1] - The average annual growth rate of general public budget revenue is 3.9%, with 45 major projects exceeding one billion yuan implemented [1] - The industrial economy has seen a historic leap, with revenues from large-scale industrial enterprises exceeding one trillion yuan, and key industries such as electronics, automotive, and steel each surpassing one hundred billion yuan [1] Innovation and Technology - Jinan has accelerated the cultivation of new productive forces, with the number of high-tech enterprises exceeding 7,000 and R&D expenditure as a percentage of GDP rising from 2.62% to 3% [2] - The city ranks 27th in the global research city list by Nature magazine, improving by 30 places since 2021 [2] - The establishment of the Quantum National Laboratory and the increase in national and provincial key laboratories from 5 to 20 and 98 to 126, respectively, highlight Jinan's commitment to innovation [2] Infrastructure and Urban Development - The city has received approval for its overall land spatial planning, enhancing its urban carrying capacity [3] - Major infrastructure projects include the operation of eight rail transit lines and the construction of 900 kilometers of urban roads, contributing to a comprehensive transportation network [3] - The area for centralized heating has increased by 10 million square meters, and the city has improved its flood prevention capabilities [3] Social Welfare and Quality of Life - Jinan has made significant strides in rural revitalization, with continuous growth in grain planting area and total output, and a rural water supply rate of 99% [4] - The city has implemented 103 livelihood projects, with fiscal spending on social welfare consistently around 80% [4] - The healthcare system has expanded with over 750 new medical institutions, and the average life expectancy is projected to reach 81 years [4] Environmental Sustainability - Jinan has achieved notable progress in ecological civilization, with energy consumption per unit of GDP expected to decrease by 26% and water consumption by 29% [5] - The city has completed tasks related to rainwater and sewage systems, and the proportion of good-quality water bodies has remained at 100% for five consecutive years [5] - The construction of parks and the restoration of historical mining sites reflect Jinan's commitment to environmental protection [5] Governance and Safety - The city has improved its governance modernity, effectively managing the impacts of the pandemic while ensuring economic and social development [6] - Jinan has been recognized as a national model city for legal governance and has made significant progress in social stability and safety measures [6]

中新网苏州1月19日电 (记者 钟升)昆山市第十八届人民代表大会第五次会议18日召开。会上公布，昆山 市2025年预计完成地区生产总值5600亿元左右，一般公共预算收入465亿元，规上工业总产值超1.3万亿 元，进出口总额达8248亿元。 同时，昆山扎实推进乡村振兴，新增高标准农田2.1万亩，耕地总量连续5年净增长，粮食总产量超2.6亿 斤。新增省级特色田园乡村3个、宜居宜业和美乡村12个。村均经营性收入超750万元。 昆山市市长范建青表示，新的一年，昆山将重点抓好推动经济运行更加稳健、推动产业体系更加完备、 推动创新动能更加强劲、推动改革开放更加深入、推动城乡发展更加协调、推动群众生活更加幸福、推 动社会治理更加高效七个方面的工作，实现"十五五"良好开局。(完) 昆山是中国工业总产值"万亿俱乐部"中的首个县级市。2025年，昆山市完成工业投资304.9亿元，占固 定资产投资比重提升至38.7%。战略性新兴产业、高技术制造业产值占比分别提高至62%和65.6%，人工 智能核心产业规模超800亿元。 作为长三角的外贸"重镇"，昆山2025年对东盟进出口增长12.3%，对"一带一路"共建国家和地区进出口 占比提升 ...

Core Insights - Kunshan aims to achieve a GDP of approximately 560 billion yuan by 2025, with growth rates surpassing those of Suzhou and the provincial average [1] - The city has experienced an average GDP growth of 5.5% over the past five years, with its main industries, electronic information and equipment manufacturing, exceeding a combined output of 1 trillion yuan [1] - Kunshan's industrial output has consistently increased, averaging a growth rate of 7.7% and crossing four thresholds of 100 billion yuan [1] Group 1: Economic Development - The city is transitioning its main industries from "pen chain" to "fruit chain" and "vehicle chain," while also expanding into "intelligent chain" sectors [1] - Emerging industries such as artificial intelligence, high-end food, and low-altitude aircraft are rapidly developing, with over 4,000 technology-based SMEs and 3,500 national high-tech enterprises [1][2] - Kunshan has been recognized as one of the first innovative counties (cities) in China and has been awarded "China's Best Talent City" for three consecutive years [1] Group 2: Industrial Innovation - Kunshan is advancing its "2+3+3" emerging industry system, with strategic emerging industries and high-tech manufacturing accounting for 62% and 65.6% of total output, respectively [2] - The core industry of artificial intelligence has surpassed 80 billion yuan in scale, indicating significant growth in this sector [2] - The city has established 22 new provincial-level smart factories, 35 green factories, and 27 enterprise technology centers, showcasing its commitment to green development [2] Group 3: Business Environment - The "Kun Ruyi" brand is leading the optimization of the business environment, with precise policies such as "enjoy without application" resulting in over 14 billion yuan in tax reductions and fee cuts [2] - By 2025, Kunshan plans to add 44,000 new business entities, including over 2,900 industrial enterprises, and update more than 6,000 acres of industrial land [2] - The city aims for a GDP growth of over 5% in 2023, with industrial output and resident income growth aligned with economic growth [3]

Group 1 - The "Rongpiao Talent Fair" in Hangzhou aims to attract talent to Chengdu, featuring over 50 employers offering 277 quality job positions, facilitating direct interaction between talent and urban development needs [1] - The recruitment event focuses on key sectors such as artificial intelligence, software, information services, advanced energy, and new materials, with significant participation from state-owned enterprises, research institutions, and private companies [2][3] - High-paying positions include AI Chief Scientist with a maximum salary of 1 million yuan per year, reflecting the demand for skilled professionals in the AI and robotics sectors [2] Group 2 - The afternoon session of the job fair emphasizes advanced energy and new materials, with job openings for lithium battery R&D engineers and new energy storage materials researchers, targeting candidates with practical project experience [3] - The event also features a job service area and policy consultation zone, providing candidates with information on various talent policies, enhancing the efficiency and precision of their job search [5] - The ongoing recruitment activities will include city promotion, project matching, and immersive experiences to showcase Chengdu's development opportunities and urban appeal to talent from the Yangtze River Delta [5]

Investment Rating - The report maintains a "Recommended" rating for the new materials industry [1] Core Insights - The new materials sector is positioned as a crucial direction for the chemical industry, currently experiencing rapid growth in downstream demand. With policy support and technological breakthroughs, domestic new materials are expected to accelerate into a long-term growth phase. The report emphasizes that "one generation of materials leads to one generation of industry," highlighting the foundational nature of the new materials industry as the material basis for other sectors [3][4]. Summary by Sections 1. Electronic Information Sector - Focus areas include semiconductor materials, display materials, and 5G materials. Samsung Display has officially launched mass production of the 8.6 generation OLED panels, which will be used in new laptops this year [5][20]. 2. Aerospace Sector - Key materials of interest are PI films, precision ceramics, and carbon fibers. The successful suborbital flight test of the Lihong No. 1 vehicle demonstrates advancements in low-cost and flexible launch capabilities [7]. 3. New Energy Sector - Focus on photovoltaic materials, lithium-ion batteries, proton exchange membranes, and hydrogen storage materials. India is projected to become the second-largest solar market globally by 2026, driven by steady installation growth [9]. 4. Biotechnology Sector - Key areas include synthetic biology and scientific services. A team from Tsinghua University in Shenzhen has developed a 3D-printed "mini heart" that mimics the rhythmic beating of a real heart, with future applications in organ printing anticipated [11]. 5. Energy Conservation and Environmental Protection Sector - Focus on adsorbent resins, membrane materials, and biodegradable plastics. The Ministry of Industry and Information Technology has launched an action plan to promote high-quality development of industrial internet platforms, aiming for over 450 influential platforms by 2028 [13]. 6. Key Companies and Earnings Forecast - The report highlights several companies with their respective stock prices and earnings per share (EPS) forecasts for 2024A, 2025E, and 2026E, along with their price-to-earnings (PE) ratios and investment ratings. Notable companies include: - Ruihua Tai (688323.SH): EPS forecast of 0.26 for 2026E, rated as "Increase" [14] - Guangwei Composite (300699.SZ): EPS forecast of 0.97 for 2026E, rated as "Buy" [14] - Zhongfu Shenying (688295.SH): EPS forecast of 0.23 for 2026E, rated as "Buy" [14] - Wanrun Co., Ltd. (002643.SZ): EPS forecast of 0.53 for 2026E, rated as "Buy" [14] - Dinglong Co., Ltd. (300054.SZ): EPS forecast of 0.96 for 2026E, rated as "Buy" [14]