日前，中国证券报记者走进被誉为中国高铁"梦工厂"的中车青岛四方机车车辆股份有限公司（简称"中 车四方公司"），感受中国轨道交通从"跟跑"到"并跑"再到"领跑"的跃迁轨迹，近距离探寻这些"国之重 器"背后的创新密码。 中车四方公司轨道交通装备研制基地 来到宽敞的总装调试厂房区域，仿佛进入了一个轨道交通的"未来世界"，代表国内乃至全球先进水平的 列车在这里集中亮相。 最引人注目的，便是那列"贴地飞行"的时速600公里高速磁浮列车。蓝银相间的流线型车身在灯光下泛 着金属光泽，科技感十足。它静静地"悬浮"于轨道之上，一旦启动就能够实现全程"无接触"运行。 "这款具有完全自主知识产权的列车能够快起快停，只需3分半钟即可实现从0加速到时速600公里，加速 距离仅为22公里，是继轮轨高铁之后，当前人类可实现的、速度最快的地面大型交通运输工具。"中车 四方公司高速磁浮技术专家类延霄说，该列车采用"车抱轨"的结构形式，没有脱轨风险，具备GOA3级 自动驾驶能力，所有控制均由地面运控系统完成。它填补了轮轨高铁与航空飞机之间的速度空白。 按"门到门"实际旅行时间计算，在1500公里运程范围内，它是最快捷的交通模式。 一旁被称为智能 ...

除此之外，在市人社局牵头下，市妇联与市委社工部、市委网信办等部门通力合作，在江苏大学、 江苏科技大学举办了2025在镇高校秋季联动双选会活动。精心遴选多家重点企业参会，岗位需求涵盖了 机械工程、船舶制造、电子信息等领域，与在镇高校的专业设置高度匹配，为毕业生提供了广泛且优质 的选择空间。（朱亚露 记者 吴韵晗） 活动于9月22日在江苏大学召开就业创业指导交流会，并于9月24日在江苏大学、江苏科技大学举办 2025在镇高校秋季联动双选会活动，为女大学生提供就业指导、风险规避、创业支持等专项服务，护航 女大学生成长成才。 近日，"'才'聚镇江 '蕙'创未来"女大学生就业创业启航行动系列活动举行，旨在进一步深化"巾帼就 业创业促进行动"，更好地支持和促进女大学生高质量就业创业，吸引集聚更多在镇高校优秀女大学生 留镇发展。 指导交流会上，来自法律、公安、金融不同行业的三位嘉宾，分别从如何提升求职技能、劳动法律 法规介绍、常见的求职电诈陷阱和青年人才可享受的就业创业服务以及校招岗位解读等方面，向在场的 应届毕业女大学生们分享了相关经验。围绕如何就业择业、个人发展与成长及女性自身权益维护等核心 问题，同学们与嘉宾进行了热 ...

Investment Rating - The investment rating for the defense and military industry is "Positive" [2] Core Viewpoints - The year 2025 is expected to be a significant turning point for the military industry, characterized by a "dual-cycle resonance" and a major investment year due to economic recovery, value reassessment, and event-driven catalysts [5][55] - The successful electromagnetic catapult launch of three types of carrier-based aircraft from the Fujian aircraft carrier marks a significant advancement in China's naval technology, positioning it among the world's leaders [4][24] - The development of humanoid robots and their practical applications in military settings is anticipated to enhance operational efficiency and reduce casualties on the battlefield [4][21] Summary by Sections 1. Robot Industry Tracking - Humanoid robots are seen as a sector driven by both emotional and industrial trends, with significant potential for growth despite short-term performance volatility [10] - Tesla is transitioning from an electric vehicle company to an AI and robotics company, with its upcoming shareholder meeting in November expected to be a critical milestone for the industry [12][13] - The focus on dexterous hands in robotics is crucial, as advancements in technology are needed to improve their functionality and production efficiency [17][20] 2. Fujian Aircraft Carrier's Electromagnetic Launch Success - The successful launch of J-15T, J-35, and KJ-600 aircraft from the Fujian carrier demonstrates China's advanced naval capabilities and is expected to reshape the balance of power in the Western Pacific [4][24] 3. Market Performance Review - The defense and military index underperformed the broader market, with a decline of 0.26% during the week of September 22-26, 2025, ranking 11th out of 29 sectors [3][31] - Year-to-date, the defense and military index has increased by 16.65%, outperforming the broader market by 2.44 percentage points [33] 4. Key Investment Themes and Beneficiaries - The report emphasizes the importance of "new combat capabilities" and low-valuation stocks as key investment themes, highlighting companies such as AVIC Shenyang Aircraft, Huayin Technology, and Aerospace Electronics as potential beneficiaries [5][55] - The anticipated recovery in military spending and the opening of new markets in military trade and high-end civilian applications are expected to drive growth in the military industry [5][56]

Group 1 - The company, Qingdao Victall Rail Technology Co., Ltd., will hold a half-year performance and cash dividend briefing on October 10, 2025, from 11:00 to 12:00 [2][4] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [3][5] - Investors can submit questions for the briefing from September 28, 2025, to October 9, 2025, by visiting the Roadshow Center website or emailing the company [2][6] Group 2 - The purpose of the briefing is to provide a comprehensive understanding of the company's operating results and financial status for the first half of 2025, following the release of the half-year report on August 27, 2025 [2][3] - The company will address common investor concerns during the briefing, ensuring transparency and engagement [3][4] - After the briefing, investors can access the main content and details of the event through the Shanghai Stock Exchange Roadshow Center [6]

证券日报网讯 9月25日晚间，雷尔伟发布公告称，公司于2025年8月25日、2025年9月15日分别召开第三 届董事会第九次会议、2025年第二次临时股东大会，审议通过了《关于修订及办理工商登记变更的议 案》，同意公司不再设置监事会及监事，监事会的职权由董事会审计委员会行使，并相应修订《公司章 程》部分条款。公司已于近日完成相关工商登记变更和《公司章程》备案等手续，并取得了南京江北新 区管理委员会行政审批局发放的《登记通知书》。 （编辑 任世碧） ...

Core Insights - The national general public budget revenue for the first eight months of this year reached 14.82 trillion yuan, showing a year-on-year growth of 0.3%, with the growth rate improving by 0.2 percentage points compared to the first seven months [1] - Tax revenue for the same period amounted to 12.11 trillion yuan, a slight increase of 0.02% year-on-year, marking the first positive cumulative growth [1][2] Tax Revenue Growth - Major tax categories maintained positive growth, with domestic value-added tax at 47,389 billion yuan (up 3.2%), domestic consumption tax at 11,523 billion yuan (up 2%), corporate income tax at 31,477 billion yuan (up 0.3%), and personal income tax at 10,547 billion yuan (up 8.9%) [2] - Manufacturing and financial sectors showed rapid tax revenue growth, with manufacturing accounting for over 30% of total tax revenue and experiencing growth rates exceeding 5% [2] - High-end manufacturing sectors, such as railway, shipbuilding, aerospace, and other transportation equipment manufacturing, saw tax revenue growth exceeding 30% [2] Economic Factors Supporting Tax Revenue - The increase in tax revenue is attributed to a series of effective policies and a stable economic environment, leading to high-quality development [4] - The capital market's active trading in July and August contributed significantly, with the Shanghai Composite Index surpassing 3,800 points and A-share total market value exceeding 100 trillion yuan [4] - Tax revenue from the securities industry grew over 70%, while insurance industry tax revenue increased by over 10% during the same period [4] Compliance and Taxpayer Awareness - Enhanced awareness of lawful and honest tax payment among taxpayers has been noted, supported by tax authorities' efforts in promoting compliance and fair taxation [5] - The increase in tax revenue is also influenced by a lower base from the previous year, which may lead to a potential decline in growth rates in the fourth quarter due to a higher base effect [5] Fiscal Expenditure and Policy Outlook - National general public budget expenditure has been growing, with social security and employment spending increasing by 10% and education spending by 5.6% in the first eight months [8] - The overall fiscal situation is improving, with expectations for continued positive trends in revenue and expenditure in the latter half of the year [8] - Future tax administration will focus on legal fairness and compliance management to foster a favorable business environment for high-quality economic development [8]

Core Insights - The overall public budget revenue in China for the first eight months of the year reached 14.82 trillion yuan, showing a year-on-year growth of 0.3%, with tax revenue slightly increasing by 0.02% to 12.11 trillion yuan, marking the first positive cumulative growth [2][3] Tax Revenue Growth - Major tax categories, including domestic value-added tax, domestic consumption tax, corporate income tax, and personal income tax, all maintained positive growth in the first eight months [3] - Domestic value-added tax amounted to 47,389 billion yuan, up 3.2% year-on-year; domestic consumption tax reached 11,523 billion yuan, increasing by 2%; corporate income tax was 31,477 billion yuan, with a growth of 0.3%; personal income tax totaled 10,547 billion yuan, rising by 8.9% [3] - The manufacturing and financial sectors exhibited rapid tax revenue growth, with manufacturing accounting for over 30% of total tax revenue and showing an increase of over 5% [3] Economic Factors Supporting Tax Revenue - The increase in tax revenue is attributed to a series of effective policies and a stable economic environment, leading to high-quality development [5][6] - The capital market's activity significantly contributed to tax revenue, with the Shanghai Composite Index surpassing 3,800 points in August, and daily stock trading volume averaging 2.3 trillion yuan [6] - Enhanced compliance and tax awareness among taxpayers, driven by tax authorities' efforts, have also supported tax revenue growth [6][7] Fiscal Expenditure and Policy Outlook - National public budget expenditure has been on the rise, with social security and employment spending increasing by 10% and education spending by 5.6% in the first eight months [8] - The overall fiscal situation is improving, with expectations for continued positive trends in revenue and expenditure in the latter half of the year [8]

分税种看，前8个月，国内增值税、国内消费税、企业所得税和个人所得税四大主体税种均保持正增 长。其中，国内增值税47389亿元，同比增长3.2%；国内消费税11523亿元，同比增长2%；企业所得税 31477亿元，同比增长0.3%，累计增幅实现转正；个人所得税10547亿元，同比增长8.9%。 分行业看，制造业、金融业税收保持较快增长，其中，制造业占全部税收的比重超过30%且税收增幅在 5%以上，"压舱石"作用明显。特别是部分高端制造业税收增长较快，如铁路、船舶、航空航天和其他 运输设备制造业税收增幅在30%以上。资本市场服务业和相关的保险业等税收增幅均在两位数以上，租 赁和商务服务业等现代服务业税收也增势良好。 分地区看，东部地区税收增速明显高于全国平均水平，特别是上海、江苏、广东、浙江等经济大省增速 较高。 中国社会科学院财经战略研究院研究员何代欣分析，企业所得税实现正增长，关键领域、重点行业和重 点企业的增长发挥了重要带动作用；文化体育娱乐业等方面的税收增速加快，受益于提振消费政策的作 用和服务业的增长。 多因素支撑税收收入增长 财政部近日发布的数据显示，今年前8个月，全国一般公共预算收入14.82万亿元 ...

Group 1 - South Korea's exports increased by 13.5% year-on-year in the first 20 days of September, reaching a total of $40.12 billion compared to $35.36 billion in the same period last year [1][3] - The average daily export amount decreased by over 10% due to new tariff plans from the United States [1][4] - Imports rose by 9.9% year-on-year to $38.22 billion, resulting in a trade surplus of $1.9 billion [4] Group 2 - Semiconductor exports amounted to $9.49 billion, a 27% increase year-on-year, accounting for 23.7% of total exports, up 2.5 percentage points from the previous year [4] - Automotive exports grew by 14.9% to $3.42 billion, while ship exports surged by 46.1% to $1.51 billion [5] - Steel exports increased by 7.1% to $2.53 billion, whereas chemical product exports fell by 4.5% to $2.68 billion [6] Group 3 - Exports to China, South Korea's largest trading partner, rose by 1.6% to $7.77 billion, while exports to the United States increased by 6.1% to $6.55 billion [7] - However, the average daily export amount to the U.S. decreased by 16.4% due to aggressive tariff measures from the Trump administration [7]

Group 1 - The company has signed a tripartite supervision agreement for the storage of raised funds to ensure proper management and protection of investors' rights [2][3] - The company raised a total of RMB 129,000 million through a private placement of shares in August 2013, with a net amount of RMB 126,113.70 million after deducting issuance costs [1] - The company will allocate RMB 2,986 million from the remaining funds of a completed project to a new project focused on the information technology upgrade and efficiency enhancement of high-precision axle production lines [2] Group 2 - A special account for the raised funds has been established at the Bank of Communications, with a current balance of RMB 0 as of September 8, 2025, and the account is exclusively for the new project [3][4] - The agreement stipulates that the sponsor will supervise the use of the raised funds and can conduct on-site inspections and inquiries [4][5] - The company is required to notify the sponsor if withdrawals from the special account exceed 20% of the net amount of raised funds, which is RMB 25,222.74 million [4][5]