自贸港加工增值展报名173-1751-6736 中国，海南2026年4月26-28日组委会正式宣布，以"自贸新境界，增值新未来"为主题的2026世界自贸港加工增值展览会 将于2026年4月26日至4月28日在中国 海南国际会展中心隆重举行。本届展会将汇聚全球顶尖自贸港、行业领袖与创新企业，共同打造一个专注于加工增值领域的世界级交流与贸易平台，擘画全 球产业链价值链重构的新蓝图。 政策与案例解析：设立全球主要自贸港（如海南自贸港、迪拜杰贝阿里自由区、新加坡港等）政策解读专区。通过真实的成功企业案例，直观展示"料件'零 关税'进口—区内加工增值超过30%—进入内地市场免征关税"等核心政策为企业带来的实际成本优势与市场竞争力。 智慧供应链与物流解决方案：汇聚全球领先的物流、仓储与供应链管理企业，展示如何利用物联网、区块链和大数据技术，在自贸港内构建高效、透明、安 全的现代化供应链体系，确保加工增值流程的无缝衔接。 投资对接与洽谈会：举办多场专题投资论坛和"一对一"精准对接会，为全球资本与优质项目搭建直接对话的桥梁，促进产业与资本的深度融合。 在全球经济格局深刻变革、国际贸易规则加速重塑的背景下，自贸港作为最高水平的 ...

Group 1 - A series of important national standards will be implemented starting in December, aimed at promoting the healthy development of emerging and future industries, creating a favorable consumer environment, and ensuring the safety of people's lives and property [3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20]. Group 2 - The standard for sensitive personal information processing (GB/T 45574-2025) establishes general and specific security requirements, further regulating the handling of sensitive personal information and protecting the rights of individuals [5]. - The e-commerce platform service quality evaluation standard (GB/T 31526-2025) introduces an evaluation index system to enhance service quality and optimize user experience on e-commerce platforms [6]. - The green packaging technical specifications for toys and children's products (GB/T 44869-2024) set basic requirements for packaging, aiming to reduce plastic waste and promote green development in the sector [7][8]. - The industrial instrument intelligence level requirements (GB/T 45727-2025) will drive technological innovation and industry upgrades in instrument manufacturing [9]. - The national standards for urban furniture (GB/T 45793-2025 and GB/T 45794-2025) will improve the performance and quality of public facilities, enhancing urban living environments [10][12]. - The ceramic tile quality grading standard (GB/T 45817-2025) aims to elevate product quality and promote the transformation of the ceramic tile industry towards mid-to-high-end development [13]. - The furniture recycling transaction technical specifications (GB/T 45697-2025) will standardize recycling practices, improving efficiency and transparency in the furniture industry [14]. - The guidelines for classifying and grading agricultural product wholesale markets (GB/T 46118-2025) will enhance management practices and support high-quality development in the sector [15]. - Standards related to business entity credit will improve credit levels and provide technical support for the construction of a social credit system [16][17]. - The technical guidelines for in-depth investigation of traffic accidents (GB/T 45645.1-2025) will support scientific determination of accident causes and enhance traffic safety management [18]. - The dynamic monitoring and early warning requirements for the safety performance of new energy vehicles (GB/T 45688-2025) will help standardize safety monitoring platforms [19]. - The technical specifications for remote service and management systems for electric vehicles (GB/T 32960.1-2025 and GB/T 32960.4-2025) will ensure safe and reliable operation of electric vehicles, promoting healthy development in the new energy vehicle industry [20].

Core Insights - The "Wave Plan" aims to promote industrial collaboration and technological innovation in the Yangtze River Delta region [1] - The "Wave Weekly: Yangtze River Delta Industrial Dynamics" focuses on the latest industrial developments in nine trillion GDP cities, highlighting key news and leadership activities [1] Industry Highlights - Hangzhou's visual intelligence industry reported a revenue of 710.4 billion yuan in the first three quarters [2] - Shanghai's Xuhui district is developing a "Blockchain + AI" industrial cluster [2] - Nanjing is collaborating with Baiyun Electric to enhance the capabilities of the smart grid industry [2] - Hefei's major scientific facilities, including EAST, CRAFT, and BEST, are now open to global access [2] - Suzhou's Taicang is building a modern port to promote the integration of industry and city [2] - Ningbo's Qianwan New Area is strengthening its dual industrial clusters in biomedicine and new energy vehicles [2] - Wuxi is advancing the expansion of the 465 cluster in coordination with the new energy chain [2] - Nantong is deepening its layout in the new tracks of artificial intelligence and integrated circuits [2] - Changzhou's Nine Company ecological chain project has settled in the high-tech zone [2]

Group 1 - Hang Seng Index will include Innovent Biologics (01801), increasing the number of constituent stocks from 88 to 89 [1][4] - Hang Seng China Enterprises Index will include China Hongqiao (01378), Innovent Biologics, and Yum China (09987), while New Energy (02688) and New Oriental-S (09901) will be removed, maintaining a total of 50 constituent stocks [3][5] - Hang Seng Technology Index will include Leapmotor (09863), while ASMPT (00522) will be removed, keeping the number of constituent stocks at 30 [7][9] Group 2 - Hang Seng Composite Index will include FWD Group (01828), Hesai Technology-W (02525), Aux Group (02580), Geekplus Technology-W (02590), Yino Pharma (02591), and Chery Automobile (09973), increasing the number of constituent stocks from 503 to 509 [10][11][12]

天眼查App显示，近日，深圳市龙诺一科技有限公司成立，法定代表人为洪昌龙，注册资本200万人民 币，经营范围为一般经营项目是：金属制品研发；金属制品修理；金属制品销售；通用设备修理；通用 设备制造（不含特种设备制造）；电子专用设备制造；新能源汽车整车销售；汽车零配件批发；新能源 汽车电附件销售；其他电子器件制造；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推 广；电子产品销售；电工仪器仪表制造；供应用仪器仪表制造；仪器仪表制造；智能仪器仪表制造；仪 器仪表销售；其他通用仪器制造；电气设备修理；专用设备修理；专用设备制造（不含许可类专业设备 制造）；互联网销售（除销售需要许可的商品）；机械设备销售；货物进出口；技术进出口；电子、机 械设备维护（不含特种设备）。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动），许 可经营项目是：无。 ...

Core Insights - Nearly 80% of listed companies in China's stock market reported profits, indicating a stabilization and recovery in overall performance, with a clear trend of structural optimization and quality improvement [1][2][3] Group 1: Overall Performance - In the first three quarters, listed companies achieved a total revenue of 53.46 trillion yuan and a net profit of 4.7 trillion yuan, representing year-on-year growth of 1.36% and 5.5% respectively [2] - The number of companies with positive revenue growth reached 3,182, while 2,467 companies reported positive net profit growth, with 1,957 companies achieving growth in both metrics [2] - The third quarter saw significant improvements, with revenue and net profit growing by 3.82% and 11.45% year-on-year, and 2.4% and 14.12% quarter-on-quarter [2] Group 2: Industry Trends - High-end manufacturing, new energy, digital economy, smart terminals, and healthcare sectors showed rapid growth and high prosperity, indicating an upgrade in industrial structure [2][4] - The total market capitalization reached 107.32 trillion yuan, with the electronics sector surpassing the banking sector to become the largest, accounting for 12.42% of the total market [4] Group 3: R&D and Innovation - R&D investment by listed companies reached 1.16 trillion yuan, marking a 3.88% year-on-year increase, with the R&D intensity of the ChiNext, STAR Market, and Beijing Stock Exchange at 4.54%, 11.22%, and 4.42% respectively [4] - The semiconductor industry saw net profit growth of 82% driven by artificial intelligence, while companies in the storage chip sector reported revenue growth of 16.08% and net profit growth of 26.44% [6][7] Group 4: Consumer Market Dynamics - Consumer sectors are showing signs of recovery, with significant growth in optional and service consumption, as evidenced by a box office revenue exceeding 40 billion yuan and a 24.4% increase in the gaming sector [8] - The precious metals industry reported a revenue increase of 22.36% and a net profit increase of 55.96%, reflecting the potential and diversity of the domestic consumption market [8] Group 5: Corporate Governance and Market Confidence - The number of companies announcing cash dividend plans increased to 1,033, with a total cash dividend amounting to 734.9 billion yuan, indicating strong corporate performance [9] - The report emphasizes the importance of sound corporate governance, transparent financial information, and stable dividend policies in boosting market confidence [10]

Core Insights - The eighth China International Import Expo featured a special promotion event for the "Invest in China" Free Trade Zone, highlighting the achievements of China's Free Trade Zones over the past decade and emphasizing the country's commitment to open cooperation and mutual benefit [1] Group 1: Free Trade Zones Overview - China's Free Trade Zones have developed a comprehensive reform and opening-up innovation pattern that covers various regions, including coastal, inland, and border areas [1] - The first Free Trade Zone was established in Shanghai in 2013, followed by the establishment of Free Trade Zones in Chongqing, Sichuan, and Shaanxi in 2017, and additional zones in Guangxi, Yunnan, Heilongjiang, and Xinjiang since 2019 [1] Group 2: Regional Highlights - The Free Trade Zones in the western and border areas are leveraging their geographical advantages to position themselves within the national opening-up framework, such as the Chengdu-Chongqing economic circle and the integration of international logistics hubs in Shaanxi [1][2] - The Guangxi Free Trade Zone is developing an artificial intelligence industry hub aimed at ASEAN, attracting 16 overseas companies to its China-ASEAN AI application cooperation center [2] Group 3: Industry Development - The Shaanxi Free Trade Zone is focusing on both traditional industries like photovoltaic and new energy vehicles, as well as emerging sectors such as hydrogen energy and drones [2] - The Guangxi Free Trade Zone has established cross-border supply chains in sectors like agricultural product processing, petrochemicals, electronic information, and new energy vehicles, benefiting from its advantageous location and ease of factor flow [2] Group 4: Impact on Economic Development - The Free Trade Zones allow localities to explore innovations first, which reduces risks while continuously advancing reforms, significantly contributing to China's high-quality development [2]

Core Viewpoint - The Chinese stock market has shown resilience and growth potential despite geopolitical risks and economic challenges, with the MSCI China Index up 36.22% year-to-date as of October 29, 2025 [1][2]. Group 1: Investment Themes - Theme 1: Global Impactful Innovative Companies - China is nurturing globally influential companies, particularly in the healthcare sector, where local pharmaceutical firms are increasingly licensing intellectual property to global firms, leading to potential revenue from royalties [3]. - The cultural export capability of China is also growing, exemplified by the character Labubu, which is gaining international popularity and is expected to generate more overseas revenue than domestic by 2025 [3]. - Theme 2: Diversified Export Markets - China's global export total continues to rise, driven by strong growth in exports to Latin America and emerging Asian markets, indicating potential investment opportunities in companies focusing on non-U.S. markets [4]. - Theme 3: Industries Benefiting from "Anti-Involution" Policies - The Chinese government is implementing policies to address over-competition in various sectors, which may lead to improved pricing and profitability in targeted industries such as solar energy, electric vehicles, and agriculture [5][6]. - Theme 4: Market Share Expansion by Industry Leaders - As the Chinese economy transitions to high-quality development, local industry leaders in sectors like fintech and apparel are seizing opportunities to expand market share despite economic headwinds [7]. - Theme 5: Opportunities from Corporate Governance Reforms - Recent governance reforms in China are enhancing corporate profitability and shareholder returns, with stock buybacks positively impacting earnings per share, presenting opportunities for investors in companies exceeding market expectations in governance [8]. Group 2: Broader Emerging Market Perspective - The Chinese market, often viewed as complex, holds unique advantages and opportunities that can provide excess return potential for investors [9]. - Emerging market equities remain under-allocated and undervalued, with compelling investment stories emerging from sectors like artificial intelligence and structural reforms in countries like India [9]. - Investors are encouraged to look beyond geopolitical concerns and recognize the diversification and growth opportunities presented by China and other emerging markets [9].

Core Viewpoint - The third quarter reports of A-share companies show a positive performance, with over half of the listed companies experiencing year-on-year profit growth, indicating a stable development of the A-share market and boosting investor confidence [1][2]. Group 1: Financial Performance - A-share companies achieved a total operating revenue of 53.46 trillion yuan and a net profit of 4.7 trillion yuan in the first three quarters, representing year-on-year growth of 1.36% and 5.5% respectively [1]. - Nearly 80% of A-share companies reported profits in the third quarter, reflecting the effectiveness of macroeconomic policies and signaling a new performance turning point for listed companies [1][2]. Group 2: Market Dynamics - The overall positive performance of the third quarter reports reflects the resilience of the Chinese economy, which is crucial for boosting investor confidence [2]. - The total market capitalization of A-shares reached 107.32 trillion yuan, with the electronics sector leading, surpassing the banking sector [2]. Group 3: Dividends and Investor Engagement - More than 200 A-share companies plan to distribute 46.6 billion yuan in dividends, indicating a growing trend of regular dividends and enhancing investor returns [2]. - The actions of major institutional investors, such as the Central Huijin and social security funds, reflect a strategy focused on high-quality blue-chip stocks and high-growth stocks, promoting value investment [2][3]. Group 4: Long-term Investment Trends - The continuous influx of various long-term funds into the market is optimizing the "long money long investment" ecosystem, contributing to a more mature and rational A-share market [4]. - The performance-driven nature of the capital market is leading to a re-evaluation of A-share values as substantial capital enters the market [5].

Market Overview - On October 28, A-shares experienced a pullback after reaching new highs, with the Shanghai Composite Index down 0.22%, the Shenzhen Component down 0.44%, and the ChiNext Index down 0.15%[4] - The trading volume in the Shanghai and Shenzhen markets exceeded 2.14 trillion yuan, a decrease of 192.3 billion yuan from the previous trading day[1] - The number of stocks that rose was close to 2,400, while those that fell exceeded 2,900[1] Industry Insights - The military industry is in a prosperous cycle, focusing on modernization and new profit growth areas such as low-altitude economy and commercial aerospace[2] - It is recommended to pay attention to military companies with leading technology in military trade and information technology[3] Fund Flow - On October 28, net inflows into the Shanghai Composite were 4.507 billion yuan, and into the Shenzhen Component were 5.349 billion yuan[5] - The top three sectors for net inflows were batteries, software development, and communication equipment, while the top three sectors for outflows were energy metals, chemical pharmaceuticals, and electricity[5] Regulatory Developments - The Ministry of Commerce announced a temporary exemption of customs duties on electronic transmissions between China and ASEAN, promoting digital economy cooperation[6] - The Shanghai Stock Exchange emphasized support for "hard technology" enterprises in the capital market, aiming to enhance global competitiveness[7] - The China Securities Regulatory Commission is advancing a new round of capital market reforms to improve investment and financing coordination[8] Market Dynamics - The public fund issuance market saw a decrease in new products, with 25 new public offerings this week, down 16.67% from the previous week, but the average subscription days decreased from 27.8 to 21.92 days, indicating faster fundraising[14]