国金证券发布研报称，小米集团-W(01810)发布MiMo-V2-Flash模型，优化推理成本与速度，并依托人 车家全生态闭环加速AI物理世界落地，覆盖手机、IoT、汽车等多场景赋能。同时，泡泡玛特 (09992)Crybaby特展在上海举行，通过门票销售与社交裂变延长IP生命周期。此外，宠物用品、银发经 济及AI+3D打印等细分领域保持较高景气度。 泡泡玛特Crybaby特展延长IP生命周期 Crybaby特展上海站将于2025年12月20日至2026年1月25日在上海西岸梦中心梦工场举行。展览门票分为 普通票和VIP票，价格分别为109元和258元。此次特展不仅有适合打卡分享的大型装置艺术，还设有需 线上抢购后到店取限量商品和限量周边，有望吸引多样化的人群参展并分享。不仅拓展了泡泡玛特除商 品销售以外的变现手段（展览门票收入），更有望通过参展人员在社交媒体平台的自发打卡分享实现信 息传播裂变，保持品牌的"在场感"的同时增加信息"触点"，通过成熟且多样化的运营手段延长IP生命周 期、提高IP高度。 细分赛道景气跟踪 （1）宠物食品&用品：佩蒂股份（300673）新西兰工厂产品及品牌部分产品即将上市，预计1Q ...

Important Market News - China successfully launched the communication technology test satellite No. 23 using the Long March 5 rocket, marking the 618th flight of the Long March series [1] Industry Insights - Google has announced the "Project Suncatcher" plan in collaboration with Planet to launch a cluster of 81 satellites, aiming to create a prototype space data center. The project features three breakthroughs: a distributed collaborative architecture for high-frequency communication between satellites, a fully solar-powered design with energy consumption at only 1/5 of ground data centers, and dedicated edge computing modules for real-time data processing in orbit [2] - The satellite internet sector is becoming a new frontier in global technology competition, with the satellite communication industry expected to exceed 200-400 billion yuan by 2030, with an annual compound growth rate of 10%-28%. The industry is transitioning from "concept validation" to "scale application," forming a new communication pattern of "integrated space and ground, interconnected everything" [3] - A fully 3D-printed turbofan engine developed by a consortium including the Chinese Academy of Sciences has completed ground testing. This engine simplifies the traditional multi-part assembly into an integrated component, representing a significant innovation in manufacturing [4] - The 3D-printed turbofan engine reduces the number of core components by over 40% and the structural weight by 25%, enhancing the thrust-to-weight ratio and paving the way for lightweight, high-performance aviation power equipment [4] - Ant Group's AI health application "Antifufu" has seen a surge in downloads, ranking second on Apple's free app chart. The app was upgraded to enhance health companionship, Q&A, and services, leveraging Ant Group's extensive healthcare resources [5] - The AI healthcare sector in China is projected to grow from 97.3 billion yuan in 2023 to 159.8 billion yuan by 2028, with a notable compound annual growth rate. Key growth areas include AI medical imaging and AI pharmaceuticals [5]

Group 1: Investment Rating - The report does not explicitly state an investment rating for the industry or companies discussed [1]. Group 2: Core Insights - Xiaomi Group is advancing its AI capabilities with the MiMo-V2-Flash model, which optimizes inference costs and speeds, aiming to create a comprehensive ecosystem across devices, vehicles, and homes [1][10][12]. - The MiMo model serves as an AI ecosystem entry point, positioning Xiaomi as a unique player in the physical world, potentially enabling a competitive edge through a closed-loop commercial model [1][12]. - The report highlights the growth potential in the pet food sector, with Petty Co. set to launch products from its New Zealand factory in Q1 2026, which is expected to improve performance after previous capacity constraints [15][17]. - The silver economy is gaining attention, with government initiatives aimed at enhancing elderly care services and expanding the workforce in this sector [18][19]. - The AI and 3D printing industry is experiencing significant growth, with a notable increase in exports of 3D printers from China, indicating a robust market environment [21][22]. - The report notes the strong performance of Stanley products on Amazon, with significant year-over-year sales growth across multiple regions, indicating a successful market strategy [25][27]. Group 3: Summary by Sections Xiaomi Group - The MiMo-V2-Flash model is a key component of Xiaomi's AGI strategy, achieving a leading cost-performance ratio with optimized inference costs of 0.7 CNY per million tokens for input and 2.1 CNY for output [10][12]. - Xiaomi's integration of AI into its mobile operating system enhances cross-device collaboration and user experience, positioning the company for high-end market opportunities [13][14]. Pet Food Industry - Petty Co. is preparing to launch products from its New Zealand factory, which is expected to significantly boost sales starting in Q1 2026 [15][17]. - Honeycare, a brand under Youpai Co., has achieved top sales in its category on Amazon, indicating strong market performance [17]. Silver Economy - The government has outlined a plan to enhance elderly care services, aiming for a more comprehensive and diverse service model by 2027 [18][19]. AI and 3D Printing - China's 3D printer exports have surged, with a year-over-year increase of 89% in quantity and 136% in value, reflecting a thriving industry [21][22]. Stanley Products - Stanley's sales on Amazon have shown remarkable growth, with a 168.73% increase in the U.S. market, indicating effective product strategies and market penetration [25][27].

猎云精选 . 以下文章来源于猎云精选 ，作者韩文静 聚焦科技创业创新，钻研产业趋势，用心服务创业者。 来源丨 猎云精选（ID：lieyunjingxuan） 作者丨 韩文静 图源丨Midjourney "分享下最近新进的坑——3D打印！" "自从有了3D打印机后，我实现了手办自由。" 在某社交平台上，类似的内容正疯狂刷屏，关于"3D打印"相关笔记已超200万条。从动漫手办到家居 改造，这门曾属于极客圈层的小众技术，正加速走入普通人的生活场景。 资本的动向，也侧面反映了行业的火热。2025年末的短短两个月内，3D打印赛道密集传来重磅投融 资消息： 11月，无人机巨头大疆首次跨界，以数亿元战略投资3D打印公司智能派科技，正式宣告进军该领 域； 上个月，3D打印公司智能派科技完成数亿元规模的B轮融资，投资方正是大疆创新。这笔低调的产业 投资，因拓竹科技创始人陶冶的一条朋友圈，陷入舆论中心。 陶冶写道，前东家大疆在近期投资智能派科技时，"协议里还特别安排了针对拓竹的条款"，暗指拓竹 科技可能面临来自大疆的"围剿"。 这一表态迅速引发行业关注。在创办拓竹科技之前，陶冶曾在大疆工作8年之久，曾担任大疆创新消 费级无人机部 ...

Core Insights - The article discusses the impact of AI on the workplace by 2025, highlighting both opportunities and challenges for job seekers and employers [5][6]. Group 1: AI and Job Market Dynamics - AI is expected to revolutionize job roles, but it also poses risks of job displacement, particularly for those in roles that can be automated [5]. - The emergence of "super individuals" in the workforce may lead to reduced job opportunities for others, as increased productivity from these individuals can displace multiple workers [5]. Group 2: Employer Branding and Recruitment Trends - There is a lack of investment in employer branding among companies, as many prioritize product performance over employee satisfaction [6]. - Companies are increasingly seeking "versatile talents" by expanding job descriptions, which may undermine the value of teamwork and specialized roles [6]. Group 3: Industry-Specific Insights - The advanced manufacturing sector is experiencing a surge in investment, particularly in robotics and 3D printing, with significant growth in talent demand [9]. - The chip manufacturing industry is accelerating its domestic production capabilities, with a reported 90% yield rate for new processes, indicating a strong push towards self-sufficiency [9]. Group 4: Employment Trends and Challenges - The article notes a structural talent shortage in various sectors, including robotics and chip manufacturing, with a reported talent gap exceeding 300,000 in the semiconductor industry [9]. - The article emphasizes the need for companies to adapt to changing market demands and invest in employee development to remain competitive [6][9].

从西安咸阳国际机场出发，沿连霍高速向东行驶约一小时，便可到达坐落于关中平原之上的渭南国家高 新区3D打印产业培育基地。在占地520亩、拥有近23万平方米的各类设施的园区内，聚集培育了以铂力 特(渭南)、陕西智拓为代表的陕西省级增材制造产业链的"链主"企业，以及200余家产业链上下游企 业。 "我们渭南公司可以说是和整个基地一起发展起来的。在2014年金属3D打印产业化的初期，也是渭南3D 打印产业培育基地初创之日，铂力特渭南公司是当时入驻基地的核心企业之一。"铂力特渭南公司相关 负责人告诉记者："如今，公司在渭南的制造基地已从最初的400平方米扩展到当前的近2万平方米，产 值也有了裂变式增长。" 作为全国首个专门发展3D打印产业的科技园区，经过近十年的建设，已将"增材制造"这一前沿技术从 概念发展成为实际的产业聚集，成为中西部新兴产业发展的典型样本。 卡位3D打印赛道从"育苗圃"到构建创新丛林 如果说单个企业是一株幼苗，那渭南3D打印产业基地就是一个经过科学规划的"育苗圃"，阳光、土 壤、养分皆备，最终生长为枝干相连、共生共荣的"创新丛林"。 陕西智拓固相增材制造技术有限公司是渭南高新园区"育苗"成功的生动案 ...

格隆汇12月19日｜有投资者在互动平台向铂力特提问：请问公司在商业航天领域的布局如何？是否已有 具体的产品应用于火箭，卫星部分？ 铂力特回复称，我国商业航天产业进入高速发展阶段，金属增材制造技术正成为传统行业破局路上 的"关键引擎"。铂力特通过全链路增材制造技术，覆盖材料研发、设备适配、工艺创新、结构优化及批 量生产等关键环节，为商业航天动力系统创新提供低成本、高质量、高可靠性的全套解决方案。目前在 火箭领域可3D打印箭体结构、格栅舵等，在卫星领域公司可3d打印卫星星体结构、阵面板结构等。 ...

Group 1 - The article discusses the impact of AI on the workplace, highlighting both the potential benefits and the challenges faced by employees as AI technologies evolve [2][3] - It notes that many companies are still hesitant to invest in employer branding, focusing instead on product performance and financial results, which diminishes the importance of employee relations [3] - The trend of seeking "versatile talents" in job descriptions is increasing, while the concept of "one-person companies" emerges as a response to workforce reductions, raising questions about the value of teamwork [3] Group 2 - The article reflects on the struggles of an AI startup team, emphasizing the challenges of navigating the AI landscape and the impact of rising price sensitivity among consumers [3][4] - It mentions the organization of various events, including AI talent salons and recruitment fairs, aimed at fostering community and industry engagement [4] - The publication aims to maintain high content standards and neutrality while exploring monetization strategies through paid content, indicating a shift in the media landscape [4] Group 3 - The article presents a list of the top 50 employers in the workplace bonus category, showcasing companies that have excelled in employer branding and employee engagement [8][15] - It highlights the importance of adapting to changing market demands and the emergence of new job roles in sectors like IP management and overseas market promotion due to the globalization of brands [11] - The narrative emphasizes the need for companies to innovate and adapt to the evolving economic landscape, particularly in the context of AI and automation [11]

拓竹相关负责人表示，最高100万元的资金支持，意味着一个创客可以辞去工作，全职投入2-3年，无需 为生计发愁，也足以组建一个由3名资深工程师（机械+电子+软件）组成的小型工作室，全职攻坚整整 一年。许多国内外伟大的硬件公司，启动资金也就维持在这个量级。 位于深圳的3D打印机品牌BambuLab拓竹科技旗舰店。这家3D打印线下实体店也吸引不少市民"尝鲜"。 IC供图 12月15日，拓竹科技(以下简称"拓竹")宣布发起"Let's Make It"创造基金，为全球创客长期提供资金、技 术和资源支持，单项目最高可获得100万元人民币，无论是独立个人还是小型工作室均可报名，这也是 国内已知金额最高的创客资助计划。 最高百万支持意味着一个创客可全职投入2-3年 拓竹认为，改变世界的火花往往源于那些看似疯狂、宏大且雄心勃勃的构想。许多创客都曾有过这样 的"灵光一现"，却因资源或支持不足而止步于想象。相比于业内常见的"万元级"资助，"Let's Make It"创造基金不再是仅仅奖励一个"好点子"，更是以真金白银为燃料，帮助创客跨越资源的屏障，把"敢 想"的勇气转化为"敢造"的行动，探索个人制造的边界和潜力。 支持同一申请 ...

证券日报网讯12月18日，铂力特在互动平台回答投资者提问时表示，在3D打印原材料方面，公司已成 功开发高品质钛合金球形粉末及高温合金粉末材料。钛合金和高温合金为自制，其余部分高温合金和其 他粉末材料则从外部采购。公司已设立全资子公司西安铂点材料技术有限公司，投资增材制造专用粉末 材料产线建设项目，建设高品质增材制造原材料钛合金、高温合金粉末产线，建成铂力特金属增材制造 粉末原材料产业化基地。 ...