Core Insights - Shenzhen has produced a number of globally impactful companies, showcasing a shift from "Made in China" to "Created in China" [2] - The 45th anniversary of Shenzhen Special Economic Zone marks a significant milestone in its rapid modernization and brand development [2][3] - The "Shenzhen Brand Development White Paper (1980-2025)" outlines the evolution of Shenzhen's brands and their internal logic and success factors [3][5] Group 1: Brand Evolution - Shenzhen's brand journey reflects a transition from manufacturing to innovation, with key phases including the emergence of local brands in the 1980s and 1990s, and the rise of autonomous brands in the early 2000s [7][10] - The current phase is characterized by cluster upgrades, with companies like Tencent, BYD, and DJI leading in various sectors [8][10] - As of now, Shenzhen has cultivated 1,220 notable local brands, including 13 billion-level brands and 7 trillion-level brands, with Tencent, Ping An, and Huawei each exceeding a brand value of 490 billion [10][11] Group 2: Economic Contributions - The 1,220 notable brands contribute 47.97% of the city's sales, 42.05% of tax revenue, and 32.87% of exports, serving as the backbone of Shenzhen's high-quality economic development [11] - These brands span critical sectors such as electronics, renewable energy, biomedicine, high-end equipment, financial services, and digital economy, forming a robust industrial structure [11] Group 3: Brand Development Factors - Shenzhen's brand success is attributed to a unique ecosystem supported by policy innovation, technological advancement, and collaborative industrial frameworks [15][16][19] - The government has played a crucial role in creating a conducive environment for brand growth through targeted policies and regulatory frameworks [16] - Innovation drives brand competitiveness, with companies investing over 10% of their annual revenue in R&D, fostering a comprehensive innovation ecosystem [17] Group 4: Global Expansion and Responsibility - Shenzhen brands have established clear pathways for international expansion, evolving from processing trade to localized operations and global standardization [20] - Social responsibility is ingrained in the corporate strategy, enhancing brand value and sustainability through practices like tax compliance and community support [21] Group 5: Future Outlook - The release of the white paper is a significant step in documenting Shenzhen's brand journey and providing strategic guidance for future brand development [31] - Shenzhen's brands are expected to continue thriving in emerging sectors like digital and low-altitude economies, contributing to the global narrative of Chinese brands [33][34]

新华财经广州12月31日电 回望"十四五"，广东上市公司用一连串"全国前列"的硬核数据展现出强劲的 高质量发展态势：A股上市公司总数突破900家，连续多年稳居全国第一；总市值突破30万亿元，五年 净增超14万亿元，规模堪比广东省全年GDP；上市高新技术企业628家，占比超71%，创新主体数量全 国首位…… 数量与规模已不是广东上市公司发展的核心锚点，当增长进入纵深阶段，广东调转航向，直指质量的提 升。 "十四五"期间，上市公司实现了量的稳步增长和质的有效提升。从经营业绩来看，广东上市公司营收年 复合增长率达9.2%，2024年底营收总额突破10万亿元，净利润有望在2025年突破8000亿元；超七成公 司实现盈利，净资产收益率达7.97%，资产周转率等核心运营指标均高于全国平均水平，展现出强劲的 盈利能力与运营效率。 超越规模增长的表象，广东上市公司进阶的关键还在于结构的优化——新增IPO企业中，科技型企业 237家，占比95.18%，较"十三五"末提高6.4个百分点。影石创新上市科创板，成为"全球智能影像第一 股"；生益科技分拆生益电子在科创板上市，全国首单"A拆A"落地东莞……目前广东"双创板"上市公司 4 ...

BANGKOK (AP) — Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects, according to surveys released Wednesday. The official purchasing managers index for manufacturing, a monthly survey of companies, rose to 50.1 this month, the National Bureau of Statistics reported. That was just above the 50 cut off for expansion versus contraction on a scale up to 100. Another, private sector, survey also was at 50 ...

Core Viewpoint - The AI industry is expected to transition from divergence to consensus in performance trends by 2025, with 2026 anticipated to be a significant year for domestic hard technology advancements [2] Group 1: AI Industry Trends - The AI large model's reasoning capabilities are continuously iterating, forming a closed loop with edge applications, while the demand for computing and storage hardware remains high [1] - The electronic industry's downturn since 2021 is showing signs of recovery, with a notable performance boost driven by AI innovations [2] - The global capital expenditure of the eight major cloud service providers (CSPs) is projected to grow by 40% to over $600 billion by 2026, with AI server shipments expected to increase by 20.9% [3] Group 2: Computing and Storage - Domestic chip manufacturers are actively updating their products, with Huawei planning to launch the Ascend 950PR in Q1 2026 and the Atlas 950 SuperPoD in Q4 2026 [4] - The demand for DRAM is expected to increase by 26% year-on-year in 2026, driven by AI needs, while NAND shortages are anticipated to persist, with prices rising over 40% from September to December 2025 [4] Group 3: Power and Connectivity - The optimization of data transfer and communication within servers is becoming a crucial breakthrough for enhancing computing power, with the global high-speed interconnect chip market expected to grow at a CAGR of 21.2% from 2024 to 2030 [5] - The power consumption of data center chips is projected to increase significantly, necessitating advancements in power supply architectures towards HVDC solutions [6] Group 4: AI Edge Applications - The evolution of AI from a tool to an autonomous agent capable of understanding user intent is reshaping human-computer interaction, with various consumer electronics expected to integrate these capabilities [7] - Major tech companies are expected to drive market sentiment and investment consensus through continuous exploration and innovation in AI hardware [7] Group 5: Semiconductor Industry - China's semiconductor sales are projected to account for 28% of the global market by 2024, but the domestic supply ratio remains low at 4.5% [8] - The semiconductor sector is experiencing a recovery phase, with significant growth expected in AI data centers and applications like autonomous driving and humanoid robots [8] Group 6: Key Companies to Watch - Companies such as Semiconductor Manufacturing International Corporation, Industrial Fulian, and Cambrian are highlighted as key players in the semiconductor and AI sectors [9]

格隆汇12月31日丨飞荣达(300602.SZ)在投资者互动平台表示，公司AI服务器散热相关业务与部分重要 客户的合作有序推进中，同时，公司一直关注市场变化并且与客户保持密切的沟通与合作，持续对液冷 相关产品的研发及技术创新，通过加大在前沿领域研发投入与市场渗透，不断探索和深化液冷技术在各 个领域的应用，以推动公司产业进步和满足市场需求。 ...

在日前发布的《全国经开区高质量发展报告2025》（以下简称《报告》）中，昆山开发区位列全国第二。报告发布之时，正值各地围绕新 一轮高质量发展目标，持续优化营商环境的关键阶段。 进入"十五五"前期，营商环境正在从一项重要工作，转变为衡量区域竞争力的核心尺度。如何通过更加稳定、透明、可预期的制度安排，激 发市场主体活力、支撑产业转型升级，成为国家级经开区普遍面对的现实课题。 在这一背景下，21世纪经济研究院选取商务部2021—2024年度国家级经开区综合发展水平考核中排名前列的20家经开区作为研究对象，对 其高质量发展状况、阶段性进展和制度实践进行系统梳理，并结合典型案例，对各地2024年度营商环境便利度表现进行专章分析。 从报告视角回看，昆山开发区此次位列全国第二，并非源于某一项指标的"突进"，而是产业基础、制度供给与项目交付能力在长期运行中相 互叠加、逐步显现的结果。 项目招引：从单点突破到制度支撑 过去40年来，国家级经开区不断推进管理体制和运行机制改革，逐步形成以管委会为核心、市场化运作相配套的治理模式，为项目落地提 供了制度基础。 《报告》将"以并联审批等举措擦亮'昆如意''开心办'品牌"列为全国经开区 ...

LAFOX, Ill., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its second quarter ended November 29, 2025, after the close of business on Wednesday, January 7, 2026. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com. On Thursday, January 8, 2025, at 9:00 a.m. Central Time, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, w ...

I want to start off with China right now. So you're saying that China is a leader in what you're calling the nextg economy that's robots even ship building uh AI you're saying they're neck andneck with the US. So how does an investor play that.Is there one ETF you can focus on that or is it more of a stock picking situation. >> I think you can get hit pretty broad exposure to it. Obviously our ETF see grow the China growth uh greater China growth ETF um has exposure to you know a combination of this China t ...

近日,全国多地电子设备经销商称,自9月份以来,内存条、硬盘等存储类产品价格迎来"狂飙式"涨价,各大 品牌电脑厂商也相继涨价。济南的情况如何?此轮价格涨幅会持续多久?对此,记者做了探访。 存储产品价格猛涨 线上线下同步走高 记者管悦济南报道 后续调价仍有空间 随着存储类产品价格持续上涨,戴尔、联想等几大PC厂商已开始上调产品价格。济南一家联想门店工作 人员表示,部分电脑产品已涨价一二百元,到年底,两三千元的笔记本电脑还得涨一百多元。惠普门店工作 人员也表示,产品已普遍上涨一两百元,还将进一步调整。华为、华硕等品牌门店工作人员则表示,现有产 品暂未涨价,后续新生产的产品价格大概率上调。 据TrendForce集邦咨询数据,2025年第三季度,DRAM(动态随机存取存储器)价格较去年同期大幅上涨 171.8%,远超同期国际现货黄金涨幅。 供需结构失衡致涨价 涨势或持续至明年上半年 12月25日,济南市华强电子市场内熙熙攘攘,多家主营电子产品、配件及数码周边的经销商齐聚于此。"从 9月份开始,内存条价格就跟'坐火箭'一样往上涨。"电子设备销售商李先生表示,不同型号产品涨幅差异 明显:畅销的新一代DDR5内存条,此前千 ...

Market Overview - Sentiment in Asian markets remains mixed as they brace for year-end, with focus on FOMC minutes and geopolitical developments in China, the Middle East, and the Russia-Ukraine conflict [1] Stock Indices Performance - China's Shanghai Composite Index closed flat at 3,965.12, ending a nine-day winning streak, with a trading range of 3,947.42 to 3,979.99 [2] - The Shenzhen Component Index increased by 0.50 percent to close at 13,604.07, up from 13,537.10 [2] - Japan's Nikkei 225 fell by 183 points or 0.36 percent to 50,343.50, with a trading range of 50,208.50 to 50,549.00 [2] - Korea's Kospi Index decreased by 6 points or 0.15 percent to 4,214.17, trading between 4,186.95 and 4,226.36 [4] - Hong Kong's Hang Seng Index rose by 219 points or 0.86 percent to 25,854.60, with a range of 25,930.22 to 25,611.23 [4] - Australia's S&P/ASX200 closed at 8,717.10, down 9 points or 0.10 percent, with a trading range of 8,706.60 to 8,751.90 [5] - New Zealand's NZX 50 gained 22 points or 0.16 percent to close at 13,548.13, trading between 13,518.17 and 13,569.85 [6] - Wall Street closed negatively, with the Dow Jones Industrial Average down 0.51 percent to 48,746.93 and the Nasdaq Composite down 0.50 percent to 23,474.35 [7] Company Performance - Fujitsu and Nidec Corp both rallied more than 2.2 percent [3] - Dainippon Screen Mfg Co, Murata Mfg Co, and Nitori Holdings Co gained over 1 percent [3] - Sumitomo Metal Mining led losses with a decline of 4.8 percent, followed by Rakuten, Japan Steel Works, Mitsubishi Materials Corp, and TOTO, all losing more than 2 percent [3] - Netwealth Group rebounded by 2.1 percent, while Temple & Webster Group, Mirvac Group, Santos, and Centuria Capital Group all rallied more than 1.5 percent [5] - Silex Systems and Liontown both plunged more than 4.7 percent, with Newmont Corp losing 4.1 percent and Catalyst Metals and Evolution Mining losing more than 3 percent [5] - Synlait Milk topped gains with a surge of 3.2 percent, while Pacific Edge, NZX, Scales, and Sanford all rallied more than 2 percent [6] - KMD Brands, Summerset Group, Serko, and Genesis Energy all declined by more than 1 percent [6]