每经记者｜可杨 每经编辑｜张海妮 中国石油发布3000亿参数昆仑大模型，标志着中国石油在人工智能领域又迈出关键一步，全力推动"人 工智能+"行动走深走实。中国石油围绕26条业务线、119个业务域，优化形成"十域百景千应用"的全景 视图。本次共发布100个应用场景，其中迭代升级43个、新增57个，已全部投产。 点评：在数字化浪潮席卷全球的今天，中国石油的这一创新举措无疑为传统能源企业的转型提供了宝贵 经验。昆仑大模型的成功发布，是中国石油在智能化道路上迈出的重要一步，期待中国石油在人工智能 领域继续深耕，为能源行业的高质量发展贡献更多力量。 丨 2025年5月29日 星期四 丨 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自 担。 NO.1 马斯克回应"星舰"第九次试飞未成功：比上次有很大进步 "618"大促叠加国补，彻底点燃了消费电子厂商的"上新"热情。近日，软通动力旗下PC（个人电脑）品 牌"机械革命"在成都举办新品发布会，宣布进军中高端商务轻薄本。值得注意的是，近两年虽然用户换 机意愿不强烈，但PC市场高端化趋势逐渐明显。根据洛图科技最新发布的报告，2025年第一季度，国 ...

SpaceX：超重型助推器在着陆途中爆炸。 星舰的上升燃烧已完成，目前正在太空中滑行。 ...

星舰与超重型助推器（Super Heavy）分离，此次助推器不再尝试返回发射场捕获，而是瞄准得克萨斯 州南部墨西哥湾海域进行软着陆后直接废弃。 ...

【 机构观点综评 】 方正证券指出，展望后市，小微盘占优行情特征或将延续。博时基金认为，存款 挂牌利率下移，汇率约束的缓解，货币市场以及短端利率补降可能会延续。 一、焦点锐评 1．LPR迎来年内首降，六大行同步调降存款利率 二、权益市场 1.中信证券：特朗普政策不确定性仍是大类资产配置主线 中信证券明明认为，大类资产配置方面，特朗普政策不确定性仍然是大类资产配置的主线，未来需要关 注外贸政策缓和或焦点转向内政的可能性。而在目前特朗普影响市场的模式中，"特朗普看跌期权"仍然 生效。在今年底至明年初之前，美债或为4%~5%区间震荡行情；黄金仍然是最具确定性的资产；特朗 普影响下美股的胜率仍然偏低；美元或偏弱震荡。但若特朗普政策焦点转向内部，美股和美债的拐点可 能提前到来。 2.方正证券：小微盘占优行情特征或延续 方正证券指出，展望后市，小微盘占优行情特征或将延续，主要判断依据包括：一是当前资本市场无系 统性风险，整体上A股风险偏好在不断回升。二是工业品价格持续收缩、上市公司盈利仍在筑底，经济 转型探索新方向过程仍在延续。三是流动性持续宽裕，无风险利率处于历史低位。四是新质生产力持续 发展，并购重组进一步释放市场活 ...

Group 1 - Musk is refocusing on the operations of X, xAI, and Tesla, indicating a return to a rigorous work schedule due to critical technology releases [1] - Tesla's upcoming projects include the launch of a robotaxi platform in Austin, the introduction of Cybercab, and several affordable new models in the first half of the year, which are crucial for the company's future [2] - SpaceX is preparing for its ninth Starship test flight, with Musk emphasizing the urgency of achieving his Mars ambitions, aiming to send a fleet to Mars during a favorable window in 2026 [3] Group 2 - Musk's political engagement has decreased, with fewer visits to Washington and a significant drop in his social media activity, focusing more on his companies rather than political news [4] - Despite significant layoffs and budget cuts, Musk expressed dissatisfaction with his achievements in reducing federal spending, which has impacted Tesla's sales and led to internal conflicts [4] - Musk remains a close advisor to Trump, indicating ongoing political connections despite his reduced public presence [5]

Group 1 - The stock of Zongheng Co., Ltd. (688070) has a comprehensive score of 41.20, indicating a weak performance [1] - The main cost analysis shows that the current main cost is 37.50 CNY, with a 5-day main cost of 38.45 CNY, a 20-day main cost of 39.48 CNY, and a 60-day main cost of 42.26 CNY [1] - There have been no instances of the stock hitting the upper limit or lower limit in the past year [1] Group 2 - The short-term support level is at 38.06 CNY, while the mid-term pressure level is at 42.65 CNY [2] - The stock price has broken through the short-term support level, suggesting a cautious approach; if it breaks the mid-term support level, the willingness of main funds to buy is weak [2] - Technical indicators show bearish signals, including a "naked black candle," "three crows," and "double flying crows," indicating a potential market peak and reversal [2] Group 3 - On May 23, 2025, the net outflow of main funds was 113.86 thousand CNY, accounting for -3% of the total transaction amount [2] - The net outflow from large orders was 107.70 thousand CNY, while the net outflow from retail investors was 113.54 thousand CNY [2] - Related industry sectors such as aerospace (-0.93%), drones (-0.86%), Beidou navigation (-1.44%), and low-altitude economy (-1.41%) also experienced declines [2]

凤凰网科技讯 5月23日，美国联邦航空管理局（FAA）正式批准SpaceX星舰第九次试飞，最早将于下周 执行。这标志着经历3月份发射事故后，星舰项目重新获得监管部门认可。 FAA在5月22日发布声明称，已批准星舰恢复飞行操作。该机构表示："FAA对SpaceX星舰第八次试飞事 故进行了全面安全审查，确定该公司已充分解决了事故原因，因此星舰飞行器可以重新进行。"不过， FAA并未公开具体的事故原因或SpaceX采取的整改措施。 3月6日星舰第八次试飞，SpaceX官方称星舰上面级遭遇"高能量事件"，导致多台猛禽发动机失效，进而 失去飞行器控制。该飞行器最终在加勒比海上空重返大气层。这次失败与今年1月飞行7号任务的情况极 为相似。 第九次试飞的一个重要变化是安全飞行区域的大幅扩展。FAA在5月15日更新的发射许可中提到，基于 前两次发射失败的经验教训，失败概率评估有所上调，因此需要扩大飞机危险区域（AHA）。 新的安全区域从德克萨斯州星舰基地向东延伸约1600海里（2960公里），覆盖佛罗里达海峡、巴哈马群 岛和特克斯和凯科斯群岛。相比之下，第八次试飞的安全区域仅为885海里（1640公里），扩大幅度接 近一倍。 ...

2025.05. 22 盘面上，固态电池概念股低迷，美容护理、宠物经济、化纤、养殖等板块跌幅居前。银行、游戏、军 工电子板块走强。全市场超4400只个股下跌。 【资金流向】 本文字数：670，阅读时长大约2分钟 5月22日，A股主要指数全天低位震荡。截至收盘，沪指跌0.22%，深证成指跌0.72%，创业板指跌 0.96%，北证50跌超6%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | Summ | 3380.19c | -7.39 | -0.22% | | 399001 | 深证成指 | N | 10219.62c | -74.60 | -0.72% | | 399006 | 创业板指 | Show | 2045.57 c | -19.82 | -0.96% | | 899050 | 北证50 | mond | 1388.83 c | -90.98 | -6.15% | 具体来看，银行股逆势走强，浦发银行、江苏银行、成都银行等多只银行股创历史新高。 固态电池概念股震荡走低，宁 ...

Group 1: Market Performance - The A-share market experienced fluctuations on May 22, with the military industry sector becoming active, leading to a significant rise in the Aerospace and Aviation ETF (159208), which saw an intraday increase of over 1.8% [1] - The National Defense and Military Industry, as well as the Aerospace and Aviation sectors, have shown resilience, with the National Aerospace and Aviation Index rising nearly 7% since the beginning of May [1] Group 2: Industry Insights - The Aerospace and Aviation ETF closely tracks the National Aerospace and Aviation Index, which encompasses sub-sectors such as aerospace equipment, military electronics, and satellite internet, indicating high technical barriers and strong R&D attributes [1] - The manager of Wanji National Aerospace and Aviation ETF, He Fangzhou, noted that the outstanding performance of Chinese equipment in recent overseas geopolitical conflicts has attracted attention, potentially expanding the global military trade market and opening up industry and profit space [1] - Pacific Securities anticipates that 2025 will mark a turning point for the National Defense and Military Industry, with a recovery from the past two years of stagnation, as orders normalize and are released, leading to a "Davis Double-Click" phase for the military sector [1] Group 3: Commercial Aerospace Developments - The successful docking of the Shenzhou-20 manned spacecraft with the Tianhe core module of the space station marks a historic moment in China's aerospace history, indicating a promising year for commercial aerospace enterprises [2] - Supportive policies have been introduced across various regions, and breakthroughs in reusable rocket technology are expected to lower satellite launch costs and improve launch efficiency [2] - Experts believe that China's commercial aerospace industry is on the brink of explosive growth [2]

Investment Rating - The report suggests a long-term positive outlook for the military industry, with specific companies recommended for investment, including 中航沈飞, 航天南湖, and 中航西飞, among others [12][9]. Core Viewpoints - The intensification of great power competition is seen as a long-term trend, leading to increased defense spending and a favorable outlook for the military industry. The report emphasizes the need for enhanced national defense capabilities to ensure peace and security [9][3]. - Recent successful satellite launches by China, including the communication technology test satellite and the space computing satellite constellation, highlight advancements in aerospace capabilities [28][11]. - The report notes that the defense industry index has underperformed the broader market, indicating potential investment opportunities in specific sectors [15][10]. Summary by Sections Investment Highlights - Key investment areas include: 1. Assembly: 中航沈飞, 航天南湖, 中航西飞 2. Components: 中航光电, 航天电器, 国博电子 3. Subsystems: 中航机载, 北方导航 4. Materials and Processing: 抚顺特钢, 中航重机, 菲利华, 光威复材, 图南股份, 华秦科技, 铂力特, 西部材料 [12][4]. Market Review - The defense industry index fell by 1.61%, underperforming the Shanghai Composite Index, which rose by 0.76%, and the ChiNext Index, which increased by 1.38%. The defense sector ranked last among 29 sectors [15][16]. - Ground weaponry and aviation sectors performed relatively well during the same period [20][22]. Major News in the Military Industry - Domestic news includes the successful launch of the communication technology test satellite and the space computing satellite constellation, showcasing China's advancements in satellite technology [28][11]. - International developments include the U.S. State Department's approval of a $1.4 billion arms sale to the UAE and President Trump's announcement of the development of the F-55 fighter jet, indicating ongoing military advancements and collaborations [38][34].