转自：中国质量报 攥指成拳 协同创新 河南省郑州市流量计量仪表产业技术联盟成立 本报讯 （孙中杰 宋晓霞）近日，河南省郑州市流量计量仪表产业技术联盟成立大会在郑州市产品质量 检验检测中心举行。此举标志着郑州市在构建计量仪表产业创新生态方面迈出关键一步。 据了解，流量计量仪表作为工业生产的关键感知设备和民生保障的重要技术载体，广泛应用于能源管 理、智能制造、智慧城市、供水供气供热等公共服务领域，是城市运行和产业数字化转型的"神经末 梢"。 "联盟的成立只是一个起点。"段祥生表示，未来联盟将以开放、协同、务实的运作机制，推动郑州乃至 全国流量仪表产业从"单打独斗"走向"集团作战"，从"制造高地"迈向"创新策源地"，为中国制造向中国 创造转型注入新动能。 据介绍，郑州市作为全国流量计量仪表产业的重要基地，已形成从传感器研发、智能仪表制造到数据服 务应用的完整产业链。尤其是高新区集聚相关企业50余家，其中规模以上企业10余家，上市公司3家， 产品覆盖水表、燃气表、加油机等核心领域，在国内市场占据重要份额。然而，面对全球产业链重构与 技术竞争加剧的挑战，企业创新资源分散、产学研衔接不畅、行业标准体系不完善等问题日益凸显 ...

Core Viewpoint - Ruina Intelligent (301129.SZ) reported a revenue of 138 million yuan for the first three quarters of 2025, marking a year-on-year increase of 40.32%, but the net profit attributable to shareholders was a loss of 46.56 million yuan, a decline of 18.95% compared to the previous year [1][2]. Financial Performance - The company's operating revenue for the current reporting period was 45.39 million yuan, reflecting a 77.72% increase year-on-year [2]. - The net profit attributable to shareholders for the current period was a loss of 39.63 million yuan, representing an 80.29% decrease compared to the same period last year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 45.55 million yuan, down 43.43% year-on-year, while the year-to-date figure showed a slight increase of 1.71% [2]. - The net cash flow from operating activities was -50.10 million yuan, indicating a 34.79% increase in cash outflow compared to the previous year [2]. Company Background - Ruina Intelligent was listed on the Shenzhen Stock Exchange's ChiNext board on November 2, 2021, with an initial public offering of 18.42 million shares at a price of 55.66 yuan per share [2]. - The company raised a total of 1.025 billion yuan from its initial public offering, with a net amount of 917 million yuan after deducting issuance costs, exceeding the original plan by 518 million yuan [3]. - The funds raised are intended for the construction of a smart heating equipment production base, a research and testing center, and to supplement working capital [3]. - In 2022, the company distributed cash dividends of 8 yuan per 10 shares, totaling 59.51 million yuan, and also increased the share capital by 8 shares for every 10 shares held, resulting in a total of 59.51 million shares being distributed [3].

Core Insights - The Xi'an Institute of Light Industry and Clock Research has developed a domestically produced high-temperature oil clock for China National Petroleum Corporation, marking a significant milestone in the localization of oil pressure gauges [1][2] - The newly developed mechanical pressure gauge has surpassed foreign counterparts in technical specifications, addressing the issue of reliance on imports in this critical sector [1] Group 1: Product Development - The special high-temperature oil clock was commissioned by China National Petroleum Corporation in response to the strategic needs of deep well exploration in China [2] - The project team successfully overcame various technical challenges, including the manufacturing of small precision components and ensuring long-term stable operation in extreme environments [2] - The mechanical pressure gauge, equipped with the special high-temperature oil clock, passed comprehensive indoor testing, achieving a pressure resistance of 210 MPa, a temperature tolerance of 260°C, and continuous operation for 360 hours [2] Group 2: Future Directions - The Xi'an Institute of Light Industry and Clock Research plans to continue focusing on national strategic needs in high-end precision manufacturing and civilian product development [2] - The institute aims to contribute significantly to national security and the construction of a manufacturing powerhouse in China [2]

Core Insights - Guangdong manufacturing is gaining global attention with innovative products showcased at the 138th Canton Fair, highlighting the region's proactive transformation amidst technological and industrial changes [1][2] - The traditional manufacturing sector in Guangdong is leveraging tax policies to support its transition and upgrade, focusing on high-quality development [1][4] Group 1: Company Innovations and Market Expansion - Deepway Technology has expanded its product range from handheld laser rangefinders to six product lines, achieving a 30% export ratio since entering overseas markets in 2013 [2][3] - Wola Technology is shifting from primarily export-focused to a dual domestic and international sales strategy, with a current sales structure of 60% export and 40% domestic [3] - United Optics has developed a groundbreaking black light full-color technology for low-light environments, breaking the monopoly of Japanese and German companies in high-end optical lenses [7][8] Group 2: Tax Policies and Financial Support - Export tax rebate policies have significantly aided companies like Deepway and Wola Technology, enhancing their cash flow and supporting raw material procurement [4][5] - Guangdong tax authorities have streamlined export tax rebate processes, reducing average processing time to three working days for eligible companies [5] - Companies such as Jiangbolong Electronics have benefited from tax incentives, allowing for substantial R&D investments and product development [6] Group 3: R&D and Compliance - United Optics has invested over 8% of its revenue in R&D over the past five years, supported by tax deductions amounting to approximately 2.26 million yuan [8][16] - Aima CNC has transitioned from a shoe factory to a key player in CNC technology, applying for 151 patents and benefiting from tax incentives totaling 2.6 million yuan [9][10] - Compliance with tax regulations is emphasized as a critical factor for sustainable growth, with companies like Deepway and Aima CNC actively engaging with tax authorities for guidance [13][16]

从"卖产品"转变为"卖服务+产品"，服务型制造正成为中国制造转型升级的重要抓手。近期，工业和信 息化部等7部门联合印发的《深入推动服务型制造创新发展实施方案（2025—2028年）》提出，到2028 年，服务型制造在制造业高质量发展中的作用进一步增强，以及完成20项标准制定、打造50个领军品 牌、建设100个创新发展高地等目标，并提出加强关键共性技术攻关和模式创新等7项主要任务和3项专 项行动。 服务型制造研究院院长、中国服务型制造联盟常务副秘书长刘尚文表示，服务型制造有别于传统的生产 型制造，是制造与服务融合发展的新型产业形态，是先进制造业和现代服务业深度融合的重要方向。发 展服务型制造有助于化解制造业发展中存在的矛盾和问题，对于构建强大而有韧性的产业体系、建设制 造强国具有重要意义。 优化产业结构 服务型制造指的是以客户需求为导向、以数智技术为支撑，通过创新优化生产组织形态、运营管理方式 和商业发展模式，将服务深度嵌入制造业产品全生命周期和各环节，延伸产业链、重塑价值链、构建新 生态，实现制造与服务融合发展的新型产业形态。 浙江大学发展规划处处长、软件学院院长、中国服务型制造联盟专家委员会副主任尹建伟认为 ...

Core Points - The article reports that Chongqing Chuan Yi Automation Co., Ltd. has won a bid for the procurement of YQSC-type combustible gas detectors from Sinopec Hydrogen Machinery (Wuhan) Co., Ltd. [1][2] - The announcement was made on November 6, 2025, and the procurement is part of Sinopec's efforts in the hydrogen energy sector [1][2]. Company Summary - Sinopec Hydrogen Machinery (Wuhan) Co., Ltd. is involved in the hydrogen energy industry and is actively procuring equipment to enhance its operations [1][2]. - Chongqing Chuan Yi Automation Co., Ltd. has a significant presence in the market, having invested in 37 companies and participated in 8,414 bidding projects [1]. - The company holds 228 trademark registrations, 1,542 patents, and 149 copyright registrations, indicating a strong intellectual property portfolio [1]. Industry Summary - The procurement of gas detection equipment is crucial for safety and operational efficiency in the hydrogen energy sector, reflecting the industry's growth and technological advancements [1][2]. - The announcement highlights the increasing collaboration between companies in the hydrogen energy supply chain, which is essential for the development of sustainable energy solutions [1].

Financial Data and Key Metrics Changes - Sales for Q3 2025 were $1.03 billion, reflecting an 8% increase on a reported basis and a 6% increase in local currency, with a 5% increase excluding recent acquisitions [6][10] - Adjusted EPS for the quarter was $11.15, a 9% increase over the prior year, while reported EPS was $10.57 compared to $9.96 in the prior year [9][10] - Gross margin decreased to 59.2%, down 80 basis points primarily due to tariff costs [7][9] - Adjusted operating profit was $309.9 million, up 5% year-over-year, with an adjusted operating margin of 30.1%, a decrease of 100 basis points [8][9] Business Line Data and Key Metrics Changes - Laboratory sales increased by 4%, while industrial sales grew by 9%, with core industrial growing 10% excluding acquisitions [6][8] - Product inspection sales grew by 7%, and food retail sales increased by 5% [6][8] - Service revenue grew by 8%, including a 1% benefit from acquisitions [6][8] Market Data and Key Metrics Changes - Local currency sales growth by region showed a 10% increase in the Americas, 6% in Europe, and 1% in Asia [6][10] - Local currency sales in China increased by 2% during the quarter [6][10] Company Strategy and Development Direction - The company is focused on capturing growth opportunities in automation, digitalization, and onshoring, while remaining agile amid global trade uncertainties [4][12] - Strategic initiatives include investments in innovation and operational excellence to navigate challenging market conditions [4][21] - The company plans to continue using free cash flow primarily for share repurchases and small acquisitions, with an additional $2.75 billion authorized for the share repurchase program [16][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capture growth despite uncertainties in global trade and governmental policies [4][12] - The outlook for 2026 anticipates local currency sales growth of approximately 4%, with adjusted EPS forecasted to be in the range of $45.35-$46, representing an 8%-9% growth rate [14][15] - Management noted that while market conditions remain challenging, there is potential for gradual improvement and increased replacement demand [23][24] Other Important Information - The company completed several small acquisitions totaling approximately $75 million, which are expected to contribute modestly to sales growth [11][16] - Free cash flow for the first nine months was $689.5 million, a 6% increase on a per-share basis [11] Q&A Session Summary Question: Can you provide a breakdown of the 2026 guidance by segment, particularly around the industrial side? - Management expects low to mid-single digit growth in the laboratory business, with core industrial and product inspection also projected to grow low to mid-single digits [28] Question: How is the consumer market affecting the more consumer-facing segments? - Management noted that while the end market remains challenging, recent product innovations have been well received, particularly in food manufacturing [30] Question: What are the expectations for onshoring demand in 2026 versus 2027? - Management believes the company is well positioned to benefit from onshoring activities, but expects a gradual impact over the coming years [42] Question: What is the outlook for the lab and biopharma side in China? - Management anticipates low single-digit growth in both lab and industrial businesses in China, with some upside potential from recent updates in the Pharmacopia [46] Question: Can you elaborate on the recent acquisitions and their impact? - Management explained that the acquisitions were aimed at expanding distribution and service capabilities, with a focus on enhancing the life science equipment portfolio [52]

Core Viewpoint - The company, Chuan Yi Co., Ltd. (川仪股份), has confirmed that its main products, including smart control valves, smart pressure transmitters, and smart flow instruments, can be applied in solar thermal molten salt power generation [1] Group 1: Product Application - The company's smart instruments are suitable for both solar thermal molten salt power generation and thorium-based molten salt reactor projects, which require automated instruments to monitor temperature, pressure, flow, and liquid levels [1] - Solar thermal molten salt power generation relies on solar energy collection, while thorium-based molten salt reactors depend on nuclear fission using thorium fuel, indicating significant differences in technical standards and safety requirements between the two technologies [1] Group 2: Customization Advantage - The company emphasizes its ability to leverage its "customization" advantage to provide tailored instrument products based on customer project conditions and equipment usage requirements [1]

Core Viewpoint - The demand for green and low-carbon port operations is increasing globally, with major ports aiming for zero carbon emissions by 2035, which is driving significant equipment upgrade needs [2][3]. Group 1: Industry Trends - The shift towards green low-carbon ports is a hot topic, with many large terminals under pressure to transition [2]. - The transformation process is expected to create substantial demand for equipment updates, including electrification and hydrogen energy usage [2]. - The majority of large terminal companies in the global market plan to achieve zero carbon emissions by 2035, influencing the product requirements for companies like Shanghai Zhenhua Heavy Industries [2]. Group 2: Company Strategy - Currently, 70%-80% of the sales of Shanghai Zhenhua Heavy Industries come from port equipment powered by electricity or clean energy, while the proportion of traditional equipment is gradually decreasing [2]. - The company utilizes platforms like the China International Import Expo to provide stable procurement forecasts, attracting overseas suppliers to arrange production capacity accordingly [3]. - The focus on green and low-carbon solutions is evident in various products showcased at the expo, indicating a broader industry trend towards sustainability [3]. Group 3: Technological Innovations - The AluLab mobile LIBS analyzer, introduced by German company Heraeus, allows for rapid analysis of aluminum liquid, significantly reducing the time required for traditional sampling methods [4]. - The application of AluLab supports green metallurgy by enabling more efficient and environmentally friendly production processes in the aluminum industry [4]. - Evonik's Eco series materials demonstrate the potential for recycling waste materials into raw materials, aligning with the industry's shift towards sustainability [5]. Group 4: Investment and Collaboration - Companies like Baker Hughes are investing heavily in low-carbon technology solutions, focusing on carbon capture and storage, which aligns with China's sustainable development goals [5]. - Baker Hughes has been involved in significant projects in China, emphasizing the importance of energy security, affordability, and sustainability [5].

理工光科公告称，股东湖北省投资公司持有公司1.7027%股份，因自身资金需要，计划自公告之日起三 个交易日后的90个自然日内，以集中竞价方式减持不超930,359股，占公司总股本的0.7692%。减持股份 为公司首次公开发行前已发行股份，价格视市场情况确定。截至公告日，该股东履行了相关承诺。本次 减持计划实施具有不确定性，不会导致公司控制权变化。 ...