Core Viewpoint - Hisense Group and Fuyao University signed a strategic cooperation framework agreement to deepen collaboration in talent cultivation, technological innovation, and personnel exchange, aiming for win-win cooperation and common development [1][5][6]. Group 1: Strategic Cooperation - The establishment of the "Future Factory and Embodied Intelligent Robot Joint Innovation Center" aims to address global manufacturing needs through deep integration of industry, academia, and research [3]. - Hisense is accelerating its layout in the robotics industry, having been approved to establish the Shandong Human-shaped Robot Manufacturing Innovation Center in 2024 [3]. Group 2: Previous Collaborations - Hisense has been collaborating with Fuyao University for three years, contributing to the construction of a smart campus with various smart home appliances and solutions [5][6]. - The partnership has evolved from initial discussions to concrete implementations, showcasing Hisense's commitment to supporting the university's modernization efforts [5][6]. Group 3: Future Plans - The strategic cooperation will focus on cultivating top innovative talents, establishing joint training bases, and providing scholarships to support student development [7]. - Joint research initiatives will be launched to tackle key technological challenges in industrial robotics and smart building management [7].

8月20日，海信集团与福耀科技大学签署战略合作框架协议。在深入合作的基础上，双方将在人才培 养、科技创新、人员交流合作等领域开展深层次合作，进一步推进产学研深度融合，加速科研成果向生 产力转化，实现合作共赢、共同发展。福耀科技大学理事会理事长曹德旺、福耀科技大学校长王树国、 海信集团董事长贾少谦出席签约仪式并致辞。 作为此次全面战略合作的重要内容，双方联合成立的"未来工厂与具身智能机器人联合创新中心"正式揭 牌。该联合创新中心将面向全球制造业的共性需求，通过"产学研用"全链路深度融合，推动具身智能技 术在制造场景中快速落地，打造未来工厂标杆和全球领先的智能制造未来技术研发及具身智能机器人创 新高地。 王树国表示，福耀科技大学以"高起点、小而精、研究型"为战略定位，有着产教融合的天然基因。海信 拥有务实的作风、重视技术的传统和场景应用优势，希望后续与海信在人才培养和产学研合作上，围绕 国家战略和社会经济发展的需要，建立紧密的产学研合作关系，实现人才培养、科学研究与产业需求的 精准对接和无缝衔接，培养拔尖创新人才。 贾少谦表示，这是自己第四次来到福耀科技大学，3年来见证了福耀科技大学在一片荒土上拔地而起， 从纸上 ...

在AI技术持续渗透企业运营场景的当下，中层管理者正面临一场前所未有的身份危机。 在制造业，美的集团佛山工厂通过MES系统实现对生产流程的实时监控与自动排产，以往需要三位中层主管协调的任务，如今AI已能独立完成 80%。在金融行业，招商银行某支行行长亲历了AI系统推翻"网点人流转化率"这一沿用多年的核心运营指标，仅因其与实际业务贡献度的相关性 不足0.3。在零售领域，屈臣氏的一位区域经理坦言，"不看AI预警都不知道该怎么巡店"，数字大屏已成为她工作的"第二视角"。 这些场景无不指向一个已经显而易见的趋势：AI不仅在改变管理工具，更在重塑管理流程和基本逻辑。波士顿咨询的报告（2023）指出，AI已接 管中层管理者42%的程式化任务，包括数据收集、流程监控、常规审批等。一位知名企业高管直言："现在不是人教机器怎么干，而是机器在教人 怎么做决策。"然而，AI快速"接管"所引发的，并不仅仅是工作方式的转变，更是管理者角色认知的深层震荡。 来自海尔的调研显示，51%的中层管理者感受到"技能焦虑"；麦肯锡的报告则指出，未能适应AI协作的中层管理者，其团队绩效平均低23个百分 点。阿里云联合复旦大学发布的研究也发现，67%的 ...

| 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 16.34亿 | 21.91亿 | - 34.10% | | 归母净利润（元） | 3108.97万 | 2.16亿 | 593.65% | | 扣非净利润(元) | 2026.46万 | 2.05亿 | 910.86% | | 货币资金(元) | 15.52亿 | 18.2亿 | 17.27% | | 应收账款(元) | 11.63亿 | 16.15 Z | 38.84% | | 有息负债(元) | 733.81万 | 1256.65万 | 71.25% | | 手利率 | 13.84% | 17.02% | 22.98% | | 净利率 | 1.90% | 9.84% | 417.28% | | 三费占营收比 | 3.68% | 2.12% | -42.41% | | 每股净资产 (元) | 3.27 | 3.48 | 6.66% | | 每股收益(元) | 0.04 | 0.28 | 600.00% | | 每股经营性现金流(元) | 0.19 | 0.83 ...

Overall Research - The domestic equity market continues to rise, with the ChiNext Index increasing by 8.58%. The performance of equity and bond funds is diverging, with equity mixed funds leading the gains. TMT theme funds are significantly outperforming, while consumer themes show relatively weaker growth. Passive index funds in financial and AI themes are performing well, while there is a net outflow from domestic stock ETFs, particularly in the double innovation sector and TMT themes, with noticeable inflows into large-cap and broad-based funds [1]. Real Estate Industry - As of August 17, 2025, new home transactions in 20 cities totaled 491,000 units, down 5.5%. In major cities, Beijing saw 26,000 units sold (-13%), Shanghai 63,000 units (-1%), and Shenzhen 19,000 units (-3%). In the second-hand housing market, transactions in 10 cities reached 490,000 units, up 10.7%, with Beijing at 108,000 units (+11%), Shanghai 160,000 units (+18%), and Shenzhen 44,000 units (+28%) [2]. Metal Industry - The growth rate difference between M1 and M2 narrowed to -3.2 percentage points in July, marking a near 49-month high. The steel sector's profitability is expected to recover to historical average levels following the Ministry of Industry and Information Technology's guidelines for the steel industry. However, there are risks associated with significant fluctuations in futures prices due to trading restrictions on coking coal futures [3]. Chemical Industry - The report suggests focusing on companies involved in electronic specialty gases, such as nitrogen trifluoride and other products. Key companies include China Shipbuilding Industry Corporation, Nanda Optoelectronics, and Huate Gas. Additionally, companies producing semiconductor materials, such as photolithography resins and PCB inks, are also recommended for attention [4]. Company Research - Sinopec Engineering achieved a revenue of 31.6 billion yuan in H1 2025, a 10.1% year-on-year increase, with a net profit of 1.384 billion yuan, up 4.8%. The company maintains a "buy" rating with profit forecasts for 2025-2027 at 2.595 billion, 2.760 billion, and 2.902 billion yuan, respectively [7]. - Blue Sky Technology won a new lithium extraction project, with expectations for high growth in its lithium resource business. The company forecasts net profits of 1.055 billion, 1.253 billion, and 1.495 billion yuan for 2025-2027, maintaining an "increase" rating [8]. - Changqing Co. reported a recovery in pesticide market demand, with a net profit forecast of 74 million, 128 million, and 181 million yuan for 2025-2027, maintaining an "increase" rating despite a downward adjustment in profit expectations [9]. - Huayou Cobalt's net profit for H1 2025 reached 2.71 billion yuan, a 62.3% increase year-on-year, with future profit forecasts of 5.9 billion, 7.1 billion, and 8.6 billion yuan for 2025-2027, maintaining a "buy" rating [10]. - Keda Li's main business remains stable, with profit forecasts of 1.802 billion, 2.178 billion, and 2.499 billion yuan for 2025-2027, maintaining a "buy" rating [11]. - Oriental Cable's revenue for H1 2025 was 4.432 billion yuan, an 8.95% increase, but net profit fell by 26.57% to 473 million yuan. The company expects growth in the second half of 2025 due to increased cable deliveries [12]. - Jinlang Technology reported a revenue of 3.794 billion yuan in H1 2025, a 13.09% increase, with a net profit of 602 million yuan, up 70.96%. Future profit forecasts are 1.169 billion, 1.399 billion, and 1.657 billion yuan for 2025-2027, maintaining an "increase" rating [12]. - Lian Microelectronics has seen a recovery in its epitaxial wafer business, with future profit forecasts of 69 million, 165 million, and 242 million yuan for 2025-2027, maintaining a "buy" rating [13]. - Tian Shili achieved a revenue of 4.288 billion yuan in H1 2025, with a net profit of 775 million yuan, up 16.97%. The company maintains profit forecasts of 1.150 billion, 1.245 billion, and 1.399 billion yuan for 2025-2027, maintaining a "buy" rating [14]. - Ecovacs Robotics reported strong performance in both domestic and international sales, with profit forecasts of 1.6 billion, 1.9 billion, and 2.3 billion yuan for 2025-2027, maintaining a "buy" rating [15]. - Stone Technology, a leader in smart vacuum robots, has adjusted its profit forecasts to 1.7 billion, 2.1 billion, and 2.5 billion yuan for 2025-2027, maintaining an "increase" rating [16].

惠而浦表示，营业收入同比增加主要系海外市场需求旺盛，外销订单增加，归母净利润和扣非净利润呈 现同比增长态势主要系外销收入增加，费用大幅度缩减所致等。 （文章来源：证券日报） 本报讯 （记者徐一鸣）8月18日，惠而浦（中国）股份有限公司（以下简称"惠而浦"）发布2025年上半 年业绩报告。报告期内，公司实现营业收入21.91亿元，同比增长34.10%；归属于上市公司股东的净利 润为2.16亿元，同比增长593.65%；归属于上市公司股东的扣除非经常性损益的净利润为2.05亿元，同 比增长910.86%。 ...

中新社重庆8月18日电 题："江水空调"与火锅废油：山城重庆的绿色智慧 8月15日， 在重庆海螺水泥有限责任公司，水泥窑生产线正在运转。纪嘉欣 摄 作者 纪嘉欣 吴旭 立秋已过，山城重庆暑热仍未消散。而在重庆江北嘴中央商务区，没有传统空调外机的轰鸣，室内却能 保持26℃的清凉。这个被誉为"江水空调"的创新系统，正悄然改变着这座"火锅之城"的能源利用方式。 这里地处长江、嘉陵江交汇处，水资源丰富，为"江水空调"提供了天然优势。滔滔江水不仅孕育了重庆 的码头文化，如今更成为天然的"温度调节器"。作为目前国内规模最大的江水源热泵区域能源系统，它 巧妙利用江水冬暖夏凉的特性，通过热泵技术实现建筑的供冷供热。 据重庆寸滩港城发展有限公司新能源服务分公司副总经理王晶介绍，在这一过程中，江水作为冷热源被 不断地循环利用，夏季借江水与环境的温差为建筑降温，冬季汲取江水热量为建筑供暖，用过的江水经 处理后回流两江，形成完美闭环。 王晶算了一笔"能源"账。她说，与传统中央空调系统相比，该系统每年可节约电力装机容量约5.2万千 瓦，节水高达198万立方米。每年减少二氧化碳排放量约6万吨，让两江之水在循环中焕发新生。 而在忠县的水泥 ...

惠而浦公告，2025年上半年营业收入21.91亿元，同比增长34.10%；归属于上市公司股东的净利润2.16 亿元，同比增长593.65%。 ...

报告期归属于上市公司股东的净利润同比上升593.65%，主要系外销收入增加，费用大幅度缩减所致。 智通财经APP讯，惠而浦(600983.SH)发布2025年半年度报告，该公司营业收入为21.91亿元，同比增长 34.10%。归属于上市公司股东的净利润为2.16亿元，同比增长593.65%。归属于上市公司股东的扣除非 经常性损益的净利润为2.05亿元，同比增长910.86%。基本每股收益为0.28元。 ...

Core Insights - Midea Group is collaborating with leading domestic internet companies on the development of liquid cooling systems and key components for intelligent computing centers [1] Group 1 - The company is engaged in deep cooperation with top domestic internet enterprises [1] - The focus of the collaboration is on the research and development of liquid cooling systems for intelligent computing centers [1] - Midea Group is supplying products such as CDU (Cooling Distribution Unit) as part of this initiative [1]