Group 1 - Shanghai Wuwenxinqiong Intelligent Technology Co., Ltd. aims to become a leading computing power operator in the era of large models, having been established in May 2023 by a team from Tsinghua University [1] - Shanghai Pudong Development Bank (SPDB) has become the main cooperative bank for Wuwenxinqiong, providing credit support and tailored financial products to meet the company's R&D investment needs [1] - SPDB is collaborating with Wuwenxinqiong to explore advanced topics in AI technology applications in finance, focusing on intelligent risk control and wealth management AI assistants [1] Group 2 - Shanghai LingShu Intelligent Technology Co., Ltd. provides production operation management products and services for the manufacturing industry, utilizing cloud-native, big data, and low-code technologies [2] - SPDB has become the first financing partner for LingShu Intelligent, offering timely and precise financing support to alleviate the company's funding pressures and assist in its growth [2] - The bank has implemented loan discount policies to reduce interest for LingShu Intelligent, demonstrating its commitment to supporting the company's financial needs [2] Group 3 - SPDB has established the first AI-themed branch in Xuhui District, providing a platform for interaction and collaboration among AI enterprises [3] - The branch has hosted multiple "technology-finance" salons, attracting participation from various tech companies and fostering community engagement [3] - SPDB collaborates with local government think tanks and innovation platforms to enhance the service offerings for AI enterprises [3] Group 4 - SPDB has developed a "6G service" system in the technology finance sector, aiming to transition from a service provider to a growth co-builder for tech companies [4] - The bank employs a "tropical rainforest" service model, offering a comprehensive credit loan product system that supports tech enterprises throughout their lifecycle [4] - By leveraging intelligent technologies and platforms, SPDB aims to stimulate industrial clustering effects and contribute to Shanghai's goal of becoming a global technology innovation hub [4]

本期导读： 5月，上市公司参与出资基金的平均规模相较4月有大幅度提升，但总出资规模及出资次数有所下 降。 投资集中在信息技术、医疗健康、工业等领域。 作者丨FOFWEEKLY 本期推荐阅读5分钟 上市公司出资详情如下： 8月 7月 8月 10月 - 11月 2月 3月 4月 5月 9月 12月 1月 2024年 2025年 出资规模(亿元) -- 出资次数 5月份,上交所、深交所共有29家上市公司(含子公司)对私募股权基金进行了出资 共投向26支基金,出资笔数共计29笔,已披露金额的出资额合计42.56亿元,平均单笔 出资额1.47亿元。 近一年出资基金的平均规模 25.00 20.00 15.00 14.9 10.00 103 5.00 2.98 0.00 2月 3月 4月 5月 ୧用 7月 8月 9月 10月 11月 12月 1月 2025年 2024年 5月参与出资基金的平均规模相较前三个月有大幅度提升。 投资领域分布广泛,但偏好仍明显。集中于信息技术、医疗健康、半导体设备、工业制 造等方向。 国资与非国资出资情况 પે ટે 80.00 40 70.00 35 60.00 30 50.00 25 40 ...

2025年6月，工信部在审议《工业和信息化部信息化和工业化融合2025年工作要点》时，明确提出要实施"人工智能+制造"行动，加快重点行业智能升 级，打造智能制造"升级版"。 这一表态不仅释放出国家层面对"人工智能+制造"深度融合的高度重视，也为制造业在新一轮技术革命中指明了方向。 意味着，AI浪潮下，制造业正面临深层次的结构性挑战与转型压力，站在"再定义"的门槛上。 一方面，全球产业链加速重构、劳动力结构性短缺、质量与效率的双重压力日益显现；另一方面，人工智能正以前所未有的速度，渗透至从研发、生产到 供应链的各个环节，成为驱动制造业高质量发展的新变量。 在这样的背景下，制造业不再是AI应用的跟随者，而是其落地的主战场和主引擎。 然而，人工智能赋能制造，并不仅仅是为了提升效率、降低成本，它更深刻地作用于制造系统的逻辑结构、组织方式与治理能力，推动制造业从流程驱动 向数据驱动、从自动化向智能化、从人控系统向人机协同演进。 因此，AI技术的嵌入，正开启一场对制造业的"再定义"。 本文将围绕"人工智能+制造"的融合趋势，从落地路径、典型应用、关键挑战、组织能力等多个维度进行拆解，探索AI如何从感知、控制、执行、运营、 ...

展望 2025 年，该行认为年初政策可能偏向风险规避，因此上半年市场将面临更多挑战，而 2025 年下半 年 / 2026 年将转向更积极的环境。鉴于股市倾向于关注未来 6-12 个月的预期，目前市场正展望该行预 测期内对股市更宽松的政策议程。 该行的经济学家在基准预测中不认为会出现衰退，但预计 2026 年将有七次降息，这将支撑高于平均水 平的估值。 该行维持标普500指数12个月目标价6500点，对应每股收益 302 美元，21.5倍远期市盈率。预计 2025 年 每股收益为 259 美元(增长 7%)，2026 年为 283 美元(增长 9%)，2027 年为 321 美元(增长 13%)。 盈利路径将受益于美联储2026年的降息、美元走弱，以及人工智能驱动的效率提升的广泛实现。 智通财经APP获悉，摩根士丹利于2025年6月发布的美股策略报告指出，尽管2025年上半年市场面临政 策紧缩压力，但下半年至2026年美股将进入相对更乐观的情境。 基于政策周期与产业趋势，摩根士丹利针对不同行业板块提出相应策略： 超配板块：该行给予金融、能源、公用事业超配评级。金融板块方面，该行认为，由于 GDP 增长放缓 以 ...

据统计，去年辽宁与香港进出口总额突破160亿元，同比增长25.9%，两地已形成"你中有我、我中有 你"的紧密合作格局。截至2025年4月，香港累计在辽宁省设立外资企业超1.3万家，实际到位外资占全 省总量的46.3%，稳居第一大外资来源地；辽宁在港投资企业300余家，备案中方投资额超75亿美元。 （文章来源：新华财经） 香港特别行政区政府投资推广署助理署长刘智元认为，科技创新推动产业创新，是辽宁和香港在新时期 的共同发展目标，双方应实现优势互补，共赢发展。"目前在香港上市的公司中，来自辽宁的20家上市 企业表现突出，涵盖工业制造、能源、金融、医疗、食品、教育等行业。我鼓励更多辽宁企业善用香港 金融服务的优势，积极利用香港上市融资，进一步拓展海外新市场、新商机。"刘智元说。 新华财经沈阳6月5日电 5日，由香港特别行政区政府投资推广署、香港特别行政区政府驻北京办事处及 辽宁省商务厅联合主办的"把握投资新机遇，开拓海外新商机"辽宁—香港投资推广交流会活动在沈阳举 行。 活动上，与会代表们互相交流了企业赴港发展经验。参会者纷纷表示，通过本次推广交流会，更加了解 了香港金融服务优势和跨国供应链管理优势，期待早日赴港考 ...

聚焦"专精特新"与民企发展 回顾上海国际碳中和博览会的发展历程，民营经济创新活力始终贯穿其中。首届博览会积极打造"专精特新科技走廊"，邀请了10家来自不同领域 的"专精特新"和"小巨人"企业集中亮相，展示创新成果；第二届博览会上民营企业参展规模进一步扩大，近50家先锋企业携绿色技术与产品亮相展会。 本届博览会首次打造民营经济主战场，重磅集结一批具有专业化、精细化、特色化、创新型特征的中小企业。上海市工商联经济发展服务中心主任别 宗表示，此次市工商联与市贸促会携手打造的"绿色新势力"专区将集中展示新质生产力驱动绿色转型的生动实践。专区汇聚了20家专注于碳中和多元应用 场景的专精特新与高新技术企业精彩亮相，为绿色产业注入强劲的科创活力。 构建民营经济绿色发展新生态 当前，全球绿色经济蓬勃发展，低碳转型加速推进，民营企业正以独特优势崛起，成为绿色变革的核心力量。作为技术创新的前沿阵地与低碳实践的 先锋，他们以敏锐的市场洞察力、灵活的运营机制以及强劲的创新活力，持续突破绿色技术瓶颈，探索可持续发展新模式。 本届博览会上，在绿色包装领域，艾录包装、柯菲包装等企业将带来绿色低碳包装解决方案和智能工厂建设成果，用实际行动诠 ...

21世纪经济报道记者吴斌 上海报道 在美国所谓的"对等关税"政策出台一个多月后，美国总统特朗普向 全球发起的关税战迎来首次重大法律挑战。 4月23日，美国12个州组成联盟共同起诉特朗普政府，指控其关税政策违法。亚利桑那州、科罗拉多 州、康涅狄格州、特拉华州、伊利诺伊州、缅因州、明尼苏达州、内华达州、新墨西哥州、纽约州、俄 勒冈州和佛蒙特州的总检察长当天向位于纽约的美国国际贸易法院提起诉讼，称特朗普政府的关税政策 为"一时兴起，而非合法权力的正当行使"，要求法院宣布"对等关税"非法，并阻止其实施。 新华社报道称，美国国际贸易法院5月28日的裁决认为，总统无权对几乎所有贸易伙伴征收全面关税。 美国国会将"不受限制的关税权力"授予总统是违反宪法的。国会在《国际紧急经济权力法》中设定了权 限，限制总统何时以及如何征收关税。 东吴证券首席经济学家芦哲对21世纪经济报道记者分析称，美国国际贸易法院的裁定直接否定了特朗普 通过"国家紧急状态"绕开国会实施关税的核心法律依据。如果该判决严格被执行，则所有基于IEEPA的 关税都将被取消，这包括所有国家的10%普遍关税和"对等关税"，以及针对中国的所谓"芬太尼关税"， 但不涉及 ...

Financial Data and Key Metrics Changes - The company reported record high adjusted earnings per share, increasing by 11.9% from $1.09 to $1.22 [11][17] - Organic sales growth was 1.6%, with acquisitions contributing 10.5% to sales growth, resulting in total sales growth of 11.4% [12][18] - Adjusted operating income in the Americas and Asia region grew by 20.2% [5][26] Business Line Data and Key Metrics Changes - The Americas region achieved organic sales growth of 5.4%, while Europe and Australia experienced a decline of 5.4% in organic sales [5][11] - Adjusted operating income in Europe increased by 3.8% despite the sales decline, attributed to restructuring actions [6][29] - Research and development (R&D) investment increased by over 8% this quarter, totaling $19.2 million [6][15] Market Data and Key Metrics Changes - Revenue by geography showed 52% from the US, 30% from Europe, 8% from Asia, and 10% from Australia and the rest of the Americas [10] - The Asia business reported organic sales growth of nearly 23%, with a return to growth in China [26][52] Company Strategy and Development Direction - The company is focused on integrating R&D functions and building new product roadmaps, including direct part marking technologies [6][25] - The acquisition of Funai's microfluidic solution business is expected to enhance the company's capabilities in custom part marking [7][40] - The company aims to mitigate tariff impacts through strategic sourcing and price adjustments while maintaining a focus on operational efficiency [21][60] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the global tariff environment but expressed confidence in the company's ability to mitigate impacts through geographic diversification [10][60] - The company tightened its adjusted diluted EPS guidance range for the fourth quarter due to anticipated tariff expenses and economic uncertainties [21][22] Other Important Information - The company returned $44.5 million to shareholders through dividends and share buybacks during the quarter [19][20] - Incremental tariff expenses were approximately $3 million in the third quarter, impacting diluted earnings per share by about $0.05 [20][21] Q&A Session Summary Question: Impact of tariffs on top line - Management indicated no significant demand destruction from tariffs yet, as inventory levels have buffered the immediate effects [33][34] Question: Sustainability of SG&A actions - Management noted ongoing efforts to drive down SG&A costs, with expectations for continued operational efficiency [36][37] Question: Details on the Funai acquisition - The acquisition is expected to enhance the company's product offerings in industrial inkjet solutions, with a purchase price of $11.6 million and estimated first-year sales of $15 to $20 million [38][54] Question: Fourth quarter guidance discrepancies - Management explained anticipated headwinds in the Americas due to tariffs, while expecting a flat performance in Europe [44][46] Question: Current situation in China - The company has reduced its footprint in China, focusing on multinational customers while maintaining a small presence [51][52]

Group 1 - The core viewpoint of the news highlights that Baotong Technology is experiencing a decline in revenue but a significant increase in net profit, indicating a strong performance despite market challenges [1] - Baotong Technology's operating revenue decreased by 9.67%, while the net profit attributable to shareholders grew by 97.93%, showcasing resilience in its financial performance [1] - The company's industrial internet business faced an 8.10% revenue decline due to macroeconomic changes and intensified market competition [1] Group 2 - Baotong Technology is actively embracing AI technology and is advancing its smart transformation in industrial and mobile internet businesses [1] - The company is collaborating with Yushu Technology to develop quadruped robots, which are currently being tested in industries such as steel and electricity, with expectations for commercialization this year [1] - In the mobile internet sector, Baotong Technology plans to explore AI applications in game development and operations to enhance user engagement [1] Group 3 - Baotong Technology is progressing with the construction of a digital conveyor belt project in Thailand, with the first conveyor belt successfully trial-produced [1] - The company aims to increase its investment in AI research and development, optimize business processes, and enhance core competitiveness [1] - A talent incentive mechanism is being implemented to ensure the stability of its core talent team [1]

近日，江苏省人民政府召开新闻发布会，介绍并解读《"品质江苏"建设行动方案》（以下简称《行动方 案》），为"品质江苏"建设描绘出清晰的发展蓝图。 《行动方案》提出开展质量提升、品牌创建、技术赋能、安全守护、放心消费和质量共治六大行动，推 出21条具体举措，着力破解产业链质量堵点、消费升级痛点，全面提升江苏质量发展水平，为高质量发 展注入强劲动能。 《行动方案》作为落实《质量强国建设纲要》及江苏省《关于深化质量强省建设的实施意见》的阶段性 行动指南，相关措施力求具体、明确、可落地。对公共服务质量满意度、首席质量官覆盖率等重要指 标，结合最新情况进行修正，提出更高目标。公共服务质量满意度在《关于深化质量强省建设的实施意 见》中要求达到82分以上，《行动方案》将满意度目标提高到83分以上。 全方位提升企业产品质量水平、推动制造业数字化转型是重要方向，而构建智能工厂梯度建设体系正是 其中的关键一环。《行动方案》提出增强高质量发展新动能，并对规上工业企业开展智能工厂建设作出 部署——江苏省每年将推动1万余家规上工业企业开展基础级智能工厂建设，2000家以上规上工业企业 开展先进级智能工厂建设。同时，还将开展中小企业数字化 ...