Core Viewpoint - PerkinElmer is taking a significant step towards localization in China with the completion of its factory expansion in Taicang, which is set to officially commence operations on July 2, 2025 [2][12]. Group 1: Factory Expansion and Production - The Taicang factory expansion is a milestone for PerkinElmer's commitment to the Chinese market and local production [4][12]. - The factory will serve as China's largest procurement and logistics center, ensuring efficient and stable supply chains for all instruments and consumables [5]. - Key areas of the factory include the infrared spectroscopy room for product development and production, showcasing PerkinElmer's technological innovation capabilities [6]. Group 2: Product Quality and Testing - The production area encompasses various specialized fields, including inorganic spectroscopy, material characterization, and food testing, demonstrating PerkinElmer's comprehensive layout in high-end scientific instrument manufacturing [6]. - All instruments will undergo 100% factory testing, ensuring high quality and reliability of the products [6]. Group 3: Leadership Insights - Dirk Bontridder, the global CEO of PerkinElmer, emphasizes the company's strategic commitment to "rooted in China, serving China" [4][8]. - Li Bing, President of PerkinElmer Greater China, will discuss the significance of the Taicang factory expansion and its profound impact on the Chinese market [9]. - Professor Liu Huwei from Peking University will provide insights into the latest trends and developments in the scientific instrument industry [10]. Group 4: Celebration and Engagement - To celebrate the factory's opening, PerkinElmer has organized interactive sessions and prizes for participants, including opportunities to engage with factory leaders and technical experts [11]. - Participants can win various gifts, including instrument model USB drives and other merchandise, encouraging community involvement [11].

Core Viewpoint - The launch of China's first 200kV field emission transmission electron microscope marks a significant milestone in the country's efforts to achieve self-sufficiency in high-end scientific instruments, breaking the long-standing monopoly of international giants in this market [1][2]. Group 1: Product Launch and Innovation - The 200kV field emission transmission electron microscope, developed by Suzhou Bozhong Instrument Technology Co., Ltd., is a result of five years of overcoming technical barriers and aims to match the performance of advanced foreign products [1]. - The flagship product "BZ-F200" was unveiled, showcasing the company's achievements in independent research and development of core components and performance parameters [1]. Group 2: Industry Context and Significance - Transmission electron microscopes (TEM) are critical tools in various strategic fields such as semiconductors, advanced materials, life sciences, and atomic-level manufacturing, making their domestic production vital for national strategic technology and industrial chain security [1]. - The market for transmission electron microscopes has been dominated by international companies, with the domestic production rate for high-end models like the 200kV field emission TEM being nearly zero prior to this launch [1]. Group 3: Company Background and Future Outlook - Bozhong Instrument, a national high-tech enterprise incubated by Bozhong Precision, was established in March 2020 and has focused on the independent research and development of high-end transmission electron microscopes and common technologies related to electron beams [1][2]. - The chairman of Bozhong Precision expressed that the company has only taken the first step in a long journey of technological challenges, indicating that many more obstacles lie ahead [2].

Core Viewpoint - The establishment of the new factory in Tianjin by Beistech is a significant milestone aimed at promoting the localization and internationalization of high-end scientific instruments, particularly in the field of adsorption characterization [1][6][9]. Group 1: Factory Establishment - Beistech has invested in the Tianjin factory, which will have an annual production capacity of 2,000 laboratory analytical instruments [2][10]. - The factory's construction is designed to meet the specific needs of adsorption analysis instruments, including customized requirements for gas supply, safety, ventilation, and cleanroom standards [10]. Group 2: Strategic Significance - The Tianjin factory is expected to enhance employee satisfaction by providing better living conditions, education for children, and work-life balance, which in turn supports the company's sustainable development [9]. - Beistech aims to expand its market share in overseas regions, particularly in Europe and North America, by establishing regional agencies and service centers [11]. Group 3: Product Development and Market Position - Beistech has seen rapid growth in market share due to the performance improvements of its products, particularly the BSD-660 series, which addresses customer pain points and adds value to their research and production quality control [12]. - The company emphasizes the importance of product performance over policy support for domestic substitution, focusing on accuracy, stability, and customer service to gain recognition [12]. Group 4: Future Goals - Beistech aims to establish the Tianjin factory as an internationally leading research and manufacturing base for adsorption characterization instruments within the next 3-5 years [14]. - The company plans to maintain its focus on the adsorption field, ensuring that specialization leads to professional excellence and value creation for customers [14].

Core Viewpoint - The revenue of multinational instrument companies in China has generally declined in 2024, with only Merck achieving growth, while many companies have experienced consecutive declines over the past two years due to multiple factors including US-China trade tensions, economic environment, and market competition [1][2]. Revenue Performance Summary - In 2024, Merck led the revenue rankings in China with $32.98 billion, marking a 5.8% increase after a 14.2% decline in 2023 [5][6]. - Danaher followed with $28.05 billion, down 10.8%, continuing a downward trend from $31.43 billion in 2023, which was a 13.0% decrease [6][8]. - Agilent ranked third with $12.20 billion, a decline of 11.6%, following a 7.9% drop in 2023 [7][8]. - Shimadzu and Mettler-Toledo ranked fourth and fifth with revenues of $6.30 billion and $6.22 billion, respectively, both experiencing declines [8]. - Overall, over 80% of the listed companies saw a year-on-year revenue decrease in 2024, with some companies facing declines for two consecutive years [8][14]. Market Share Analysis - The market share of many companies in China has also shown a downward trend, reflecting poor performance and indicating a relative decline in market vitality compared to global markets [9]. - In 2024, Agilent's market share in China was 18.74%, down from over 20% in previous years, indicating a significant drop [9]. Company-Specific Insights - Danaher reported that approximately 12% of its sales come from China, highlighting the potential adverse effects of the political, economic, and regulatory environment on its business [11]. - Waters experienced a notable 30% decline in sales in China, attributed to decreased demand across various customer categories due to economic conditions and trade tensions [12]. - Agilent's revenue decline was primarily driven by pressures in capital spending from clients, particularly in the pharmaceutical market [12]. - Mettler-Toledo emphasized the importance of the Chinese market, which accounted for 16% of its external sales, and noted the impact of geopolitical tensions and economic pressures on its performance [13]. Strategic Adjustments - In response to market changes, multinational companies are accelerating strategic adjustments, increasing investment in local R&D, and launching products tailored to local needs [15]. - Despite the challenges faced from 2022 to 2024, the long-term potential of the Chinese market remains significant, and companies are expected to adapt more flexibly and innovatively to maintain competitiveness [15].

Core Viewpoint - Fuhuang Steel Structure (002743.SZ) announced the termination of its plan to issue shares and pay cash for asset acquisition, citing changes in market conditions and transaction cycles as the reasons for this decision [1][2]. Summary by Relevant Sections Transaction Details - The company planned to acquire 100% of Zhongke Shijie through a combination of issuing shares and cash, with a total valuation of 114 million yuan, reflecting a significant appraisal increase of 191.22% [2][3]. - The transaction was structured with 70% of the payment in shares (79.8 million yuan) and 30% in cash (34.2 million yuan) [3][4]. Financial Implications - The company intended to raise up to 40 million yuan through a private placement to cover the cash portion of the transaction and related costs, with the issuance not exceeding 30% of the total share capital prior to the transaction [5][6]. - The performance commitment for Zhongke Shijie includes net profits of no less than 33.36 million yuan, 50.76 million yuan, and 73.16 million yuan for the years 2025, 2026, and 2027, respectively, totaling at least 157.29 million yuan [10]. Company Performance - Fuhuang Steel Structure reported a revenue of 933 million yuan in Q1 2025, a year-on-year increase of 1.65%, with a net profit of 17 million yuan, up 4.04% [11]. - In 2024, the company experienced a revenue decline of 15.06% to 3.937 billion yuan, with a net profit drop of 46.51% to 51 million yuan [12]. Business Transition - The transaction aimed to facilitate Fuhuang Steel Structure's transition from traditional steel structure manufacturing to the high-speed visual perception and measurement technology sector, potentially enhancing its resilience and operational sustainability [13].

Core Insights - Over $10 billion in merger and acquisition funds were invested in UK companies on a single day, marking the most active trading day of the year, indicating a resurgence in interest in the UK market due to low valuations and relative stability [1] - A total of 30 UK companies have accepted acquisition offers this year, with valuations exceeding £1 million ($1.3544 million), compared to 26 companies during the same period last year [2] - The total announced transaction value so far this year is £24 billion, down from £36 billion in the same period last year, largely due to the absence of large-scale deals [2] Group 1: Market Dynamics - The UK market has become more attractive for acquisitions due to significant outflows of capital, leading to lower valuations compared to similar companies listed in other European or US exchanges [2] - The gap between the FTSE 100 index and the S&P 500 index reached approximately 49.5% in January, currently narrowing to about 41% [2] - The relative stability of the UK economy and political environment is drawing bidders, with analysts noting that acquiring UK companies may pose less risk than acquiring US companies [4] Group 2: Economic and Political Stability - The UK has achieved trade agreements that signal openness to business, and the absence of upcoming elections ensures political stability for the next four years [5] - Analysts suggest that the strength of the pound has not deterred investment, with global investors eager to buy before inflation rises further [5] - The largest acquisition deals announced this week include Advent's £3.7 billion bid for Spectris and Qualcomm's £1.8 billion bid for Alphawave, with expectations of more deals to follow [5] Group 3: Sector Activity - The technology and real estate sectors are currently the most active in terms of transactions, showing resilience against recent market volatility [6] - Key fundamentals are seen as favorable for driving transactions, with improved balance sheets for UK companies contributing to this trend [6]

Core Viewpoint - The article discusses the recent institutional research conducted on Steel Research Nake, highlighting its national testing base layout, service coverage capabilities, advantages in instrument business, growth drivers for testing and instrument sectors, and shareholder return policies [1][2]. Company Overview - Steel Research Nake is an innovative enterprise specializing in the research, development, and application of metal material testing technology. The company offers services including testing services, analytical instruments, standard materials, capability verification services, corrosion protection engineering, and other extended testing services. Its applications span various industries such as steel, metallurgy, aerospace, nuclear power, and food [3]. Financial Performance - As of 2024, the company achieved a revenue of 1,097.67 million yuan, a year-on-year increase of 15.60%. The net profit attributable to shareholders was 145.02 million yuan, up 15.37% year-on-year. Basic earnings per share were 0.3861 yuan, reflecting a 15.25% increase. By March 31, 2025, the revenue reached 219.06 million yuan, a 7.18% increase year-on-year, with a net profit of 16.08 million yuan, up 33.28% year-on-year, and basic earnings per share of 0.0428 yuan, a 32.10% increase [4]. Testing Base Layout - The company has strategically laid out national testing bases in cities such as Beijing, Kunshan, Chengdu, Shenyang, Qingdao, Xi'an, Zhuozhou, and Zhuzhou, effectively meeting customer needs based on their distribution characteristics [5]. Instrument Business Advantages - The company’s instrument products cover over 60 types across eight categories, including atomic emission spectroscopy, mass spectrometry, gas analysis, and mechanical performance testing. Notable products include the spark direct reading spectrometer, which has won national awards, and the company leads in sales within the industry [6]. Market Opportunities - The domestic instrument industry is experiencing significant growth potential, driven by complex international conditions that accelerate the domestic replacement process, providing more opportunities for local scientific instrument manufacturers [7]. Future Development Directions - The company aims to enhance its testing and instrument businesses by exploring additional testing needs beyond metal materials, improving management efficiency, and increasing automation. In the instrument sector, the focus will be on improving product quality and expanding market share in high-end scientific instruments [8]. Growth Drivers - The growth of the company is supported by the rapid development of new materials in China and increasing demand for testing in key sectors such as aerospace and nuclear power. The scientific instrument sector is also benefiting from favorable policies, leading to accelerated domestic production [9]. Business Focus Areas - The company is focusing its testing business on high-demand areas such as aerospace and nuclear power, while also expanding into other material testing sectors, maintaining its competitive edge in metal material testing [10]. Shareholder Return Policy - The company emphasizes market value management and shareholder returns, maintaining a cash dividend policy where the proportion of cash dividends to net profit has consistently exceeded 30% in recent years [11].

导读： 国产替代不仅打破技术垄断，更推动产业从"Me too"向"Me better"甚至"Me different"跃迁，为中国生命科学设备的自主可 控奠定基础。 特别提示 微信机制调整，点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我们的推送。 "国产好仪器"已走过十个年头，我们始终坚持以"用户说好才是真的好"为不变的原则，以用户长期使用的真实反馈为 基础，从上千台候选仪器中，精心甄选出400多款品质卓越、性能稳定的国产佳品。 为了更好地倾听用户的心声，"国产好仪器"再度升级，通过更加深入和有针对性的用户调研，寻找满足用户需求的"国 产好仪器"，助力仪器用户从海量信息中找到"对"的产品！ 参与方式： 只要您使用过海报中的仪器产品，长按识别下方海报中二维码参与调研就有机会获得奖品。 奖品设置： 凡参与调研的用户，即有机会抽取定制吸管玻璃杯；被认定为有效问卷的用户，还将获得15元话费奖励！ 欢迎各位相关用户参与调研，您的参与对我们的调研至关重要，感谢您的支持！ 有 可获得 有机会获得 奖 吸管玻璃杯 15元话费奖励 调 真答题并被认定 研 填写调研问卷的用户 有效问卷的用户 ...

Core Viewpoint - Domestic substitution not only breaks the technological monopoly but also promotes the transition of the industry from "Me too" to "Me better" and even "Me different," laying the foundation for the autonomy and controllability of China's life science equipment [1] Group 1: User Feedback and Product Selection - The "Domestic Good Instruments" initiative has been ongoing for ten years, emphasizing that "user feedback is the true measure of quality," selecting over 400 high-quality and stable-performing domestic products from thousands of candidates based on long-term user experiences [2] - The initiative has upgraded its approach to better listen to user voices through more in-depth and targeted surveys, helping users find the right products from a vast amount of information [2] Group 2: User Participation and Rewards - Users participating in the survey have the chance to win customized straw glass cups, and those with valid responses will receive a reward of 15 yuan in phone credit [3] - The survey encourages users to engage by filling out questionnaires related to various instruments, with specific models mentioned, such as the JZ-3000T automatic sulfur distillation instrument and the SuPerMax 3100 multifunctional enzyme marker [4][5]

Core Viewpoint - The SP-5220 gas chromatograph from Beijing Beifen-Ruili Analytical Instrument Co., Ltd. has won the "3i Award - 2024 Excellent New Product in the Scientific Instrument Industry," with user feedback highlighting its modular design, stability, and rapid heating capabilities, while also suggesting improvements in software interaction and after-sales service [1][2]. Group 1: Product Overview - The SP-5220 gas chromatograph was purchased in January 2024 and installed in February 2024, primarily used for analyzing volatile and semi-volatile compounds in crops, such as fatty acids and solvent residues [3]. - The instrument has been recognized for its significant role in fatty acid analysis and food safety detection, providing accurate analysis of fatty acid composition in soybeans and reliable separation performance for solvent residue detection [4][6]. Group 2: Innovations and Features - Key innovations of the SP-5220 include its modular design and high stability in pressure and temperature control, allowing for quick replacement of consumables and rapid temperature adjustments, which ensures accurate and reliable test data [7]. - The instrument features a smart warning system that reduces unexpected downtime, effectively alleviating the pressure of analyzing large volumes of samples [7]. Group 3: User Feedback and Suggestions - Users noted that the software interface has room for improvement, particularly in batch processing capabilities and the complexity of qualitative and quantitative analysis operations, suggesting the addition of automated options to enhance efficiency [8]. - Recommendations include providing a more detailed fault code diagnostic manual to improve user maintenance capabilities and developing dedicated method packages for common agricultural samples to enhance operational convenience [8]. Group 4: About the 3i Award - The "3i Award" (Innovation, Interactive, Integrative) was established in 2006 and aims to showcase innovative products in the scientific instrument market, encouraging manufacturers to innovate and meet the needs of Chinese users [9].