Core Viewpoint - The company has confirmed that it is advancing its collaboration with CATL in the battery swapping business, with some stations already operational [1] Group 1 - Investors have shown significant interest in the battery swapping vehicles launched by CATL, GAC, and JD [1] - The company has stated that it will further deepen its cooperation in the future [1]

每经AI快讯，恒指涨0.09%，恒生科技指数涨0.37%。百度涨超2%，小鹏汽车涨近2%，小米集团跌近 2%。 ...

一、市场行情回顾 11月18日，A股三大股指普遍下跌，上证指数收跌0.81%，深证成指收跌0.92%，创业板指收跌1.16%。主流宽基指数中，科创50上涨0.29%，涨幅相对居 前。全市场共仅1,270余只股票上涨。港股主流指数集体收跌。其中，恒生中国央企指数下跌1.44%，跌幅相对最小。沪深两市成交额为19261亿元人民币， 相较上个交易日小幅增量。 | 证券名称 | 日涨跌幅 | 令年以来 涨跌幅 | | --- | --- | --- | | 科创20 | 0.29% | 37.31% | | 科创100 | -0.09% | 46.62% | | 科创综指 | -0.20% | 42.70% | | 中证A50 | -0.50% | 12.85% | | 沪深300 | -0.65% | 16.09% | | 上证指数 | -0.81% | 17.54% | | 深证成指 | -0.92% | 25.60% | | 中证1000 | -1.00% | 25.02% | | 创业板50 | -1.11% | 49.90% | | 创业板指 | -1.16% | 43.31% | | 中证500 | -1 ...

Group 1: Company Performance - The company reported a revenue of 4.047 billion RMB for FY2026H1, representing a year-over-year increase of 32.7% and a half-year increase of 10.8% [3] - The gross profit margin was 35.7%, showing a year-over-year decrease of 7.5 percentage points but a half-year increase of 3.8 percentage points [3] - The net profit attributable to shareholders was 520 million RMB, up 54.3% year-over-year, while operating profit was 526 million RMB, reflecting a slight decrease of 0.3% year-over-year [3] Group 2: Revenue Breakdown - Revenue from live performances and technology business reached 1.339 billion RMB, a year-over-year increase of 14.5% and a half-year increase of 50.7% [4] - The IP derivatives business generated 1.16 billion RMB, with a year-over-year growth of 105.2%, marking the highest revenue share since FY2025H1 at 28.7% [5] - Revenue from film and television content was 1.06 billion RMB, down 15.2% year-over-year, while the series production business saw a significant increase of 693% year-over-year, generating 480 million RMB [6] Group 3: Cost and Efficiency - Sales expenses were 332 million RMB, up 1.1% year-over-year but down 27.9% half-year [7] - Management expenses totaled 669 million RMB, reflecting an 11.8% year-over-year increase, with a management expense ratio of 16.5% [7] - The company maintained a workforce of 1,780 employees, which is a 14.4% increase year-over-year, while both sales and management expense ratios narrowed, indicating improved operational efficiency [7] Group 4: Industry Insights - The offline performance industry is experiencing steady growth, driven by a stable supply of top-tier artists, with significant events scheduled for 2026 [4] - The automotive industry saw a 7.5% year-over-year increase in passenger car wholesale in October, with a notable rise in new energy vehicle sales, which accounted for over 50% of total sales [8] - The launch of the new model, the Zhiji LS9, is expected to enhance market competitiveness with advanced features and pricing starting at 322,800 RMB [11]

11月18日，岚图汽车旗下全新旗舰SUV——岚图泰山正式上市。新车共推出Max、Max+、Ultra、黑武士四种版本车型，官方指导价为37.99万至50.99万 元。 岚图泰山定位"华系首搭三腔空悬旗舰SUV"，成为唯二搭载最新华为乾崑智驾 ADS 4.0与顶级四激光雷达方案的量产车，直面50万级豪华 SUV市场竞 争。 同时，岚图泰山也是首款搭载800V岚海智能超混系统的华系SUV，新车标配65kWh三元锂电池，支持5C峰值充电倍率，CLTC纯电续航350km，CLTC 综合续航超1400km。新车标配扭矩矢量控制智能四驱系统，前后双电机最大功率达380kW，百公里加速仅需5.2秒。 在安全方面，岚图泰山搭载全维防碰撞系统CAS 4.0，具备超越人类驾驶员的预判与应对能力，主动安全处于旗舰级水准。被动安全上，新车采用七重 正碰与五层追尾防护设计，配备2200MPa高强度门环与9安全气囊，并支持6秒超长保压，最大程度降低二次伤害风险。 从产品力来看，岚图泰山不仅重新定义了旗舰级大六座SUV的价值标杆，也标志着岚图完成了从轿车、MPV到SUV的全品类旗舰布局。它展现出岚图 敢于和国际豪华品牌正面竞争的底气，也折 ...

英威腾（002334.SZ）11月19日在投资者互动平台表示，公司车载充电电源产品中包含充电机设备，车 载充电电源产品销售在公司主营业务占比较低。公司新能源汽车业务已与东风、吉利、陕重汽等多家品 牌厂商建立合作关系。 每经AI快讯，有投资者在投资者互动平台提问：董秘您好！咨询三个关于公司车载充电电源业务的问 题：一是公司车载充电电源产品中是否包含高压快充相关设备？二是该类产品当下销售是否呈现上升趋 势？三是目前已与哪些车企建立相关合作关系？ （记者 胡玲） ...

Key Insights - The report highlights a significant growth in the new energy vehicle sector, with production and sales reaching 1.3015 million and 1.2943 million units respectively from January to October, marking a year-on-year increase of 33.1% and 32.7% [5][8] - The unemployment rate for urban youth aged 16-24 stands at 17.3%, indicating ongoing labor market challenges [5][8] - The People's Bank of China and other departments have issued a plan to support consumption infrastructure and trade systems in Beijing, aiming to boost consumer spending [5][8] Domestic Market Performance - The Shanghai Composite Index closed at 3,939.81, down 0.81%, while the Shenzhen Component Index closed at 13,080.49, down 0.92% [3] - The A-share market is currently experiencing a phase of consolidation, with the average P/E ratios for the Shanghai Composite and ChiNext at 16.36 and 49.18 respectively, indicating a suitable environment for medium to long-term investments [9][11] Industry Analysis - The communication industry index outperformed the Shanghai Composite Index in October, with a growth of 0.24% [16] - The semiconductor industry has shown a robust performance in Q3, with a revenue of 1,741.84 billion yuan, reflecting a year-on-year increase of 6.07% and a net profit growth of 48.93% [29][30] - The sports nutrition market in China is projected to grow significantly, with a compound annual growth rate of 11.56% expected from 2024 to 2030, driven by a large and growing population of fitness enthusiasts [21][23] Investment Recommendations - The report suggests focusing on sectors such as software development, cultural media, internet services, and semiconductors for short-term investment opportunities [9][12] - In the communication sector, it is recommended to pay attention to light communication, AI smartphones, and telecom operators due to their strong growth potential [19][20] - The mechanical industry shows signs of recovery, with recommendations to invest in cyclical sectors like engineering machinery and oil and gas equipment, as well as emerging technology sectors [24][25]

美东时间周二， 投资者对科技股估值过高的担忧情绪继续发酵，三大指数集体收跌，纳指和道指跌幅均超过1%。 （三大指数日内走势图，来源：TradingView） 截至收盘，道琼斯指数跌1.07%，报46,091.74点；标普500指数跌0.83%，报6,617.32点；纳斯达克指数跌1.21%，报22,432.85点。 高企的估值以及为建设数据中心而不断累积的债务，使投资者开始质疑人工智能（AI）相关股票的定价。 一项最新调查显示，45%的基金经理认为"AI泡沫"是当前市场最大的"尾部风险"，并出现了对企业过度支出（尤其是AI项目投入）的担忧激 增。 AI芯片龙头英伟达下跌近3%，英伟达本月已下跌超10%，市场正等待其将在周三收盘后公布的三季度业绩。 Stovall补充道："如果行业龙头在发布好于预期的盈利、营收和利润率的同时，对未来给出非常乐观的指引，这将极大地稳定投资者的情 绪。真正的问题在于，'我们何时能兑现这些资本开支？'这不会发生在本季度或下季度，但预计不会太遥远。" 比特币周二跌破9万美元后反弹。由于许多科技投资者同时持有大量加密货币，此次回调引发市场担忧股市可能进一步下挫。 热门股表现 大型科技股普 ...

四川日盛铜箔科技股份有限公司拥有14条铜箔生产线，产品广泛应用于新能源汽车动力电池、数码设备 电池及储能电池等领域。图为该公司生产车间。 牟 科摄（人民视觉） 在河南省洛阳市的河南赛美科技有限公司，工作人员正加紧生产储能电池组订单产品。 张光辉摄（人民视觉） 中国新能源汽车保有量超过4000万辆，最早一批新能源汽车搭载的动力电池正逐步进入规模化退役阶 段。拆解下来的动力电池，只能报废吗？近年来，中国先后发布动力电池回收利用国家标准22项，不让 动力电池变成环保负担，而是成为可以高效利用的"城市矿产"。 位于安徽省铜陵市郊区经开区的孚悦科技有限公司生产车间，工人们正忙着生产动力电池铝外壳，生产 线满负荷运转。 陈 磊摄（人民视觉） 退役的电池去哪儿了？ "我算是国内比较早的一批'尝鲜'新能源车的用户了。"2017年就购买了油电混动车型的宋女士说，"新能 源车更环保，但开久了，电池性能明显跟不上了。"更换电池，价格不低，最终，她选择了将车报废。 而那块随之退役的动力电池流向何处，她坦言"很关心，但并不清楚"。宋女士表示，希望动力电池能被 环保处理，再次利用。"如果4S店或者厂家能提供一个明确的、方便的回收途径，让 ...

美股三大指数全线下跌 数据显示，当地时间11月18日，道指收于46091.74点，跌1.07%；标普500指数收于6617.32点，跌0.83%；纳指收于22432.85点，跌1.21%。 美股"科技七巨头"全部下跌。数据显示，美国科技七巨头指数收盘跌1.82%。其中，亚马逊大跌4.43%，英伟达、微软跌超2%，特斯拉跌1.88%，脸书母公 司Meta、谷歌母公司Alphabet、苹果均有不同程度下跌。 当地时间11月18日，美股三大指数低开低走，全线收跌。 数据显示，英伟达本月已下跌超10%，市场正在等待其将在周三收盘后公布的三季度业绩。 美股"科技七巨头"全部下跌，亚马逊大跌超4%；英伟达跌超2%，本月已跌超10%。中国资产多数上涨，纳斯达克中国金龙指数上涨0.42%。 中国资产多数上涨。数据显示，截至收盘，纳斯达克中国金龙指数上涨0.42%。其中，中国苏轩堂药业大涨18.52%，爱奇艺、小牛电动涨超6%，有道涨超 4%，新氧、斗鱼、虎牙、新东方、百度集团、百胜中国等涨超2%。 现货金、银价格上涨 贵金属方面，数据显示，截至北京时间11月19日5时59分，现货黄金价格上涨0.53%，报4066.717美元 ...