每万人口高价值发明专利拥有量达到16件，2024年专利密集型产业增加值占GDP的比重提升至 13.38%，地理标志产品直接年产值实现五连增……在1月23日举行的国新办新闻发布会上，国家知识产 权局介绍了多项新突破。 2025年，我国知识产权创造质量持续提高，知识产权保护力度加强，知识产权运用效益显现。数据显 示，2025年，全年共授权发明专利97.2万件，实用新型专利146.1万件，外观设计专利66.6万件。 "每万人口高价值发明专利拥有量"是国家"十四五"规划中衡量创新产出的一个重要指标。截至2025年 底，我国国内（不含港澳台）发明专利有效量达到532万件，每万人口高价值发明专利拥有量达到16 件，超额完成了"十四五"规划提出的12件的预期目标。 国家知识产权局副局长芮文彪1月23日在国新办新闻发布会上介绍，信息技术管理方法、计算机技术、 医学技术等领域的有效发明专利增速最快，人工智能专利有效量居全球前列。 知识产权运用的效益加速显现。最新数据显示，2024年我国专利密集型产业的增加值突破18万亿元，占 GDP的比重从2020年的11.97%提升到2024年的13.38%，对经济增长的贡献度稳步提高。我国 ...

本周港股板块震荡分化，从指数来看，中证港股通消费主题指数上涨3.1%，恒生科技指数下跌0.4%， 恒生港股通新经济指数下跌1.3%，中证港股通互联网指数下跌1.6%，中证港股通医药卫生综合指数下 跌3%。 由港股上市公司中与科技主题高度相关的、市值 最大的30只股票组成,信息技术及可选消费行业 合计占比超90% a 中证港股通医药卫生综合指数 由港股通范围内医疗卫生行业中50只流动性较好、 市值较大的股票组成,医疗保健行业权重占比超 90% 31 中证港股通互联网指数 由港股通范围内30家互联网龙头公司的股票组成, 主要包括信息技术、可选消费行业 a 中证港股通消费主题指数 由港股通范围内流动性较好、市值较大的50只消 费主题股票组成,可选消费占比超55% 恒生港股 中证港股通 中证港版 中证港股通 恒生科技 消费主题 通新经济 医药卫生 注 1:目前全市场跟踪恒生港股通新经济指数的ETF共1只,跟踪恒生科技指数的ETF共13只,跟踪中证港 股通医药卫生综合指数的ETF共4只,跟踪中证港股通互联网指数的ETF共7只,跟踪中证港股通消费主题 指数的ETF共4只,跟踪同一指数的不同ETF产品的费率,跟踪误差、规模 ...

2026年 亚太经合组织(APEC)第三十三次 领导人非正式会议 将在深圳举办 这是继2001年上海、2014年北京后 中国第三次开启"APEC时间" 作为改革开放的窗口、 粤港澳大湾区的核心引擎 在这场全球瞩目的聚光灯下 深圳将如何作答？ ▼ 日前，深圳市政协以"深情相约圳展精彩—我为办好APEC献良策"为题举办系列"深聊会"。 "深聊会"是深圳市政协积极培育协商民主文化，努力营造良好协商氛围，创新建立的内容深入、形式灵活、理性包容的协商议政平台。 其中，由市政协人口资源环境委员会承办的深聊会聚集来自经济、科技、文化、生态等各个界别的委员及专家学者，展开了一场长达100分钟的高密度"头 脑风暴"。 他认为，若说北京承办APEC体现了厚重的"京派"文化，上海展示了精致的"海派"底蕴，那么深圳作为国际重要的科创产业中心，最鲜明的特质便是一 个"闯"字。 深圳，就是"闯派"的代表，是改革开放最生动的注脚。 图：IC photo 这一观点得到了市政协常委，深圳市蕾奥规划（300989）设计咨询股份有限公司董事长王富海的高度认同。 作为一名深耕城市规划多年的专家，他指出，"在高密度的经济发展和人口聚集下，深圳依然保持 ...

Core Viewpoint - The article highlights the challenges faced by companies listed on the Hong Kong stock market, particularly focusing on the high number of delistings and abnormal suspensions, with real estate being the most affected sector due to compliance issues and operational pressures [1][12]. Industry Overview - A total of 589 companies are projected to list on the Hong Kong stock market from 2020 to 2025, with over 19 companies already delisted and 11 under abnormal suspension [1][12]. - The real estate sector has the highest number of delistings and suspensions, with 7 companies affected, indicating significant operational and compliance challenges [2][13]. - Other sectors such as healthcare, consumer goods, and TMT (Technology, Media, and Telecommunications) also show a notable number of delistings and suspensions, reflecting broader market risks [2][13]. Delisting Reasons - Nine companies have opted for voluntary delisting through privatization, often due to low stock prices, loss of financing capabilities, and high regulatory costs associated with being publicly listed [4][15]. - Eight companies faced mandatory delisting due to violations of exchange regulations, primarily for failing to publish annual or semi-annual results on time, often linked to internal control failures and governance issues [5][16]. Case Studies - The case of Hong Jiu Fruit Products illustrates the severe consequences of governance failures, as the company was delisted after failing to publish financial reports and facing criminal charges against its executives [7][18]. - The delisting process for several companies has raised concerns about the timeliness and effectiveness of the regulatory framework, as some companies remained suspended for over 18 months before being delisted [7][18]. Sponsor Involvement - The involvement of both major and minor brokerage firms in the delisting and suspension of companies challenges the perception that larger firms provide lower risk [10][20]. - The regulatory framework for sponsors in Hong Kong lacks clarity regarding ongoing oversight responsibilities post-listing, contributing to instances of companies facing severe operational issues shortly after IPOs [10][21].

央视网消息：在国务院新闻办公室1月23日召开的新闻发布会上，国家知识产权局相关负责人介绍，2025年，我国创新质量持续提升，知识产 权效益加速显现。 截至2025年底，我国国内（不含港澳台）有效发明专利中，高价值发明专利数量达到229.2万件。信息技术管理方法、计算机技术、医学技术 等领域的有效发明专利增速最快，人工智能专利有效量位居全球前列。在量子科技、生物制造、脑机接口、第六代通讯等未来产业，布局了一 批关键核心技术专利。 国家知识产权局副局长芮文彪介绍，全年专利转让许可备案次数达69.7万次，同比增长13.7%。企业发明专利产业化率达到54%，连续多年稳 步增长。2025年1—11月，全国知识产权使用费进出口总额达到3828.7亿元，同比增长7.4%。其中，出口额同比增长23.1%，助力我国服务贸易 出口攀高向新。 最新数据显示，我国专利密集型产业的增加值突破18万亿元，占GDP的比重从2020年的11.97%提升到2024年的13.38%，知识产权的效益加速 显现。 国务院新闻办公室1月23日上午举行新闻发布会，国家知识产权局相关负责人介绍，2025年，我国共授权发明专利97.2万件，发明专利审查周 ...

Group 1: Geopolitical Risks - Geopolitical risks are expected to remain high, with the U.S. continuing to be a major risk point due to the unpredictable nature of its policies under the Trump administration [7][19] - The ongoing Russia-Ukraine conflict and internal political pressures in Europe may lead to increased difficulties in achieving policy coordination [19] - The expansion of geopolitical risks into technology, economy, and trade sectors is noted, indicating a broader impact on global economic and trade networks [16][19] Group 2: Tariff Policies - Tariff policies are anticipated to have a continued impact on international trade, with potential for easing but still significant disruptions expected [21][30] - The U.S. tariff rate is projected to decrease from a theoretical value of 16.8% to 9.3% if the IEEPA tariffs are deemed unconstitutional, which could improve inflation and GDP outlooks [23][28] - Global trade growth is forecasted to slow down, with the WTO predicting a decline in trade growth rate to 0.5% in 2026 [30][32] Group 3: Federal Reserve Independence - The independence of the Federal Reserve is under scrutiny, particularly with potential candidates for the next chair being more aligned with Trump’s policies, which could undermine its autonomy [8][38] - Historical trends suggest that a loss of independence could lead to increased inflation risks and market volatility [34][45] - The market is closely monitoring the nomination of the next Federal Reserve chair, with candidates like Kevin Hassett and Kevin Warsh having significant implications for monetary policy [38][41] Group 4: Technology Sector Bubble Risks - The technology sector, particularly driven by AI, has seen significant stock price increases, leading to concerns about potential bubbles due to high valuations [2][48] - As of January, the S&P 500 PE ratio is at 25.6, indicating elevated valuation levels compared to historical averages [48][50] - The concentration of market capitalization among the top tech companies remains high, with the top ten companies accounting for 32.8% of the market, raising concerns about market fragility [49][51] Group 5: Fiscal Sustainability Concerns - Concerns regarding fiscal sustainability have intensified, with long-term debt rates remaining high and fiscal deficits expected to persist [9][46] - The trend of expansive fiscal policies is likely to continue, driven by economic pressures from trade wars and increased defense spending [9][46] - The K-shaped recovery in the stock market is anticipated to persist, with interest rate-sensitive sectors facing ongoing pressure [9][46]

国务院新闻办公室今天上午举行新闻发布会，国家知识产权局披露的知识产权数据，反映出以下主要特 点： 三是知识产权效益加速显现。最新数据显示，我国专利密集型产业的增加值突破18万亿元，占GDP的比 重从2020年的11.97%提升到2024年的13.38%，对经济增长的贡献度稳步提高。全球前5000个品牌中， 我国品牌价值达1.81万亿美元，位居全球第二。地理标志产品直接年产值接近1万亿元，实现五连增， 成为特色产业增收致富的"金名片"，有效助力了区域经济发展。 （总台央视记者 王婧 李晶晶） 一是创新质量持续提升。我国国内（不含港澳台）有效发明专利中，高价值发明专利同比增速比总体水 平高2.2个百分点，数量达到229.2万件。信息技术管理方法、计算机技术、医学技术等领域的有效发明 专利增速最快，人工智能专利有效量居全球前列，在量子科技、生物制造、脑机接口、第六代通讯等未 来产业布局了一批关键核心技术专利，有力促进了高水平科技自立自强。 二是重点区域创新活跃。截至2025年底，长三角地区、京津冀地区和广东省的发明专利有效量分别为 173.4万件、91.6万件和89.9万件，合计约占国内总量的2/3；有效注册商标量 ...

Group 1 - The company held its 15th meeting of the 9th Board of Directors on January 22, 2026, via communication, with all 7 directors participating in the voting [2][4] - The Board approved the establishment of a "Compensation Management System for Directors and Senior Management" [3][5] - The Board also approved the revision of the "External Guarantee Management Measures" [7][8] - The Board approved the revision of the "Related Party Transaction Management Measures" [10][11] - The Board approved the revision of the "External Investment Management System" [13][14] - The Board approved the establishment of a "Management System for Resignation of Directors and Senior Management" [15][16] - The Board approved the revision of the "Internal Audit Management System" [17][18] Group 2 - The company announced a preliminary earnings forecast for 2025, expecting a net profit of approximately 106.33 million yuan, indicating a turnaround from a loss in the previous year [22][23] - The expected net profit after deducting non-recurring gains and losses is approximately 86.48 million yuan [24] - The previous year's net profit was a loss of 32.02 million yuan, with a loss of 20.59 million yuan after deducting non-recurring items [25] - The turnaround is attributed to strategic adjustments, including optimizing asset and personnel structure, and enhancing market expansion and cost control [26] - The company also benefited from a significant increase in net profit from its machine vision and information technology sectors [26] - Non-operating gains from financial assets also contributed positively, with an increase of 18.98 million yuan compared to the previous year [27] - Changes in accounting treatment due to the closure and transfer of underperforming subsidiaries also impacted the financial results [28]

Core Viewpoint - The company, Daheng Technology, expects to achieve a net profit attributable to shareholders of approximately 106.33 million yuan in 2025, marking a turnaround from losses in the previous year [1] Group 1: Financial Performance - The company anticipates a significant improvement in profitability for the reporting period, driven by market expansion and effective cost and expense management [1] - The machine vision and information technology sectors are expected to see a substantial year-on-year increase in net profit [1] - The television digital network editing and playback system segment has experienced a significant reduction in expenses, contributing to a notable year-on-year increase in net profit and achieving profitability [1]

Group 1 - Company Hengbao Co., Ltd. (002104.SZ) won a procurement project from China Construction Bank Fujian Branch with a bid amount of 1.4217 million yuan [1] - In 2024, the company's operating revenue was 903 million yuan, reflecting a decrease of 28.47% year-on-year, while the net profit attributable to the parent company was 95 million yuan, down 39.70% [2][3] - For the first half of 2025, the company's operating revenue was 430 million yuan, showing a decline of 8.64%, and the net profit attributable to the parent company was 35 million yuan, a decrease of 44.41% [2][3] Group 2 - Hengbao Co., Ltd. operates in the information technology industry, with main product types including integrated circuits, plastic packaging products, printed materials and printing equipment, and smart commercial equipment [2][3] - The main business composition for 2024 was as follows: cards 80.33%, modules 18.43%, tickets 0.68%, and other businesses 0.56% [2][3]