香港联交所最新资料显示，10月9日，大行科工(02543)股东将股票存入中信建投（601066）(国际)证 券，存仓市值5924.48万港元，占比12.4%。 大行科工发布公告，因部分行使超额配股权，公司于2025年10月9日发行及配发H股112.1万股股份，每 股发行价格为49.5港元。 ...

作者丨薛皓皓 编辑丨关雎 图源丨Midjourney 刘强东旗下的企业电商公司要在港股上市了，他即将再收获一个IPO。 近日，京东工业递交了招股书，这是家被称为"企业电商平台"的公司。普通消费者在京东买手机、电视等，而企业在京东工业购买轴承、电钻、工业清洗 剂、金属加工件等。 目前，刘强东旗下拥有4家上市公司，包括京东集团、京东物流、京东健康和德邦股份。另外，京东旗下的达达集团曾经在纳斯达克上市，后来完成私有 化退市。 起先，京东工业是京东的一个业务部门，随后被拆分独立运行。按照2023年最后一轮融资，京东工业的估值已达67亿美元（近500亿元）。外部投资机构 包括了红杉中国、纪源资本，也包括了阿联酋主权财富基金穆巴达拉投资、阿联酋上市公司国际控股公司（International Holding Company）和瑞典投资机 构EQT AB旗下基金。 由此看来，刘强东正在打造一个横跨健康、物流、电商、工业等领域的上市集团。看起来十分多元化，然而刘强东认为，这都是围绕供应链而展开的。 打造企业版京东 京东工业最早起始于2013年。那时，京东刚成立企业业务，包括企业采购和供应链管理。 到了2017年，京东将工业业 ...

Group 1 - Illinois Tool Works Inc. (ITW) is recognized as one of the 11 Best Value Dividend Stocks to buy currently [1] - The company operates in the global industrial manufacturing sector across seven segments, including automotive components and food service equipment, utilizing an "80/20 Front-to-Back" strategy to focus on profitable customers and products [2] - ITW has prioritized efficiency, customer-driven innovation, and disciplined portfolio management, divesting non-core units to enhance focus and allowing divisions to tailor solutions to customer needs [3] Group 2 - On August 4, ITW announced a 7.3% increase in its quarterly dividend to $1.61 per share, extending its dividend growth streak to 53 years, which positions it as a strong value stock with dividends [4] - As of September 26, ITW's stock has a dividend yield of 2.47% [4]

Group 1 - The collective wedding in Gongshu District will focus on technology talent, integrating traditional and modern elements to create a unique experience for new residents and young entrepreneurs [1][2] - The event is part of Gongshu's initiative to promote a "sweet economy," which combines cultural heritage with modern wedding practices, enhancing regional development and attracting talent [2][3] - This year's wedding will take place at the Hangzhou Esports Ecological Park, a new urban landmark that reflects the integration of culture, leisure, and technology [4][6] Group 2 - The event aims to recruit 10 couples, particularly welcoming young talents from technology companies and research institutions, providing them with comprehensive wedding services [5] - The wedding will feature interactive elements such as heart rate competitions and a unique digital marriage certificate, showcasing the blend of AI and traditional practices [4][5] - The initiative is designed to connect urban memories, human emotions, and future aspirations, emphasizing the importance of young talents in city development [6]

Core Viewpoint - Jinan is enhancing product quality control and implementing a quality safety traceability system for key industrial products, achieving a 96.69% pass rate in industrial product inspections [1][3]. Group 1: Product Quality Improvement - Jinan is strengthening industrial product quality control and has established a "quick inspection + quick handling" mechanism, resulting in a 96.69% pass rate for industrial product inspections [3][4]. - The city has optimized agricultural product quality, adding 37 new national green food certifications in the first half of the year, with three products included in the "Lu Green Quality Products" list, ranking first in the province [3][4]. - Food safety supervision has been reinforced, with major agricultural products and food inspection pass rates consistently above 98% [3][4]. Group 2: Industrial Quality Enhancement - Jinan is focusing on high-quality industrial development and has cultivated over 8,500 quality enterprises, leading the province in the number of unicorns, specialized and innovative "little giant" enterprises, and gazelle companies [4]. - The city is actively integrating into 13 signature industrial chains and 34 key industrial chains, enhancing quality collaboration across the industrial chain [4]. - Jinan has received 26 provincial quality awards and 66 "Good Products Shandong" awards, both ranking first in the province [4]. Group 3: Construction Quality Improvement - The construction industry in Jinan is transitioning towards intelligence and sustainability, with the number of provincial BIM demonstration projects leading the province [5]. - In the first half of the year, Jinan's construction industry achieved a total output value of 2,224.4 billion yuan, ranking first in the province [5]. - Quality control in transportation engineering is being strengthened through a "proactive service" supervision model, ensuring comprehensive quality supervision for key projects [5].

Core Points - The State Council meeting emphasized the importance of establishing domestic product standards and related policies in government procurement to enhance the procurement system and ensure fair competition for all business entities [2][5]. Group 1: Government Procurement Standards - The introduction of domestic product standards aims to clarify the definition of "domestic products," which previously lacked uniformity, leading to ambiguity in practice [3]. - The standards will require products to be produced within China, with specific cost ratios for components and localization of key components and processes [3][4]. - A 20% price evaluation preference will be granted to domestic products compared to non-domestic products in government procurement activities [4]. Group 2: Impact on Foreign Enterprises - The new policies will ensure that foreign enterprises producing in China are treated equally, thus enhancing their confidence and encouraging more multinational companies to invest in China [5][6]. - This approach aligns with international trade rules and aims to stabilize foreign investment by reducing concerns about "invisible discrimination" [5]. Group 3: Supply Chain and Technological Innovation - The policies are designed to enhance supply chain security and resilience by promoting localization of critical components and processes [6]. - By leveraging government procurement as a demand-side tool, the policies aim to guide resources towards high-end manufacturing and strategic emerging industries, fostering technological innovation and industrial upgrading [6].

Core Insights - The report by iGDP and the Guangzhou Institute of Energy Research outlines the pathways for Guangdong's low-carbon transition, emphasizing the province's potential to achieve its "dual carbon" goals on time or even ahead of schedule [1][2] Group 1: Current Status and Challenges - Guangdong, as a leading economic province, has significant energy consumption and carbon emissions, with CO2 emissions reaching 560 million tons in 2022, accounting for about 5% of the national total [2] - The province's non-CO2 greenhouse gas emissions were notable, with 13% of total greenhouse gas emissions in 2020 coming from methane, nitrous oxide, and fluorinated gases [2] - Guangdong's electricity demand is the highest in the country, with a peak load of 165 million kilowatts since July 2025, and about one-third of its electricity comes from external sources, indicating a low green electricity self-sufficiency rate [2] Group 2: Advantages for Transition - Guangdong has a relatively low-carbon industrial structure and advanced industrial energy efficiency, maintaining the second-lowest energy consumption per GDP in the country [3] - The province has experienced steady economic growth since 2005, with a decoupling trend between economic growth and emissions, laying a foundation for low-carbon transition [3] Group 3: Energy Consumption and Emission Projections - The report predicts that under current policies, Guangdong's CO2 emissions could peak at approximately 670 million tons by 2030, necessitating an increase in non-fossil energy generation to about 40% [4] - In a dual carbon scenario, the share of non-fossil energy in primary energy consumption is expected to rise from around 28% in 2020 to 36% by 2030, and further to over 74% by 2060 [4] - The electrification rate in various sectors is projected to increase significantly, with industrial electrification expected to rise from 39% in 2020 to 54% by 2030, and transportation electrification from 1% to 20% by 2060 [4] Group 4: Key Transition Strategies - The successful transition of the power sector is crucial for achieving Guangdong's dual carbon goals, with non-fossil power generation expected to surpass coal power around 2030 [5] - By 2060, renewable energy is projected to account for about 30% of total generation, with non-fossil sources making up 75%, while coal and gas plants will be equipped with carbon capture, utilization, and storage (CCUS) technologies [5] Group 5: Key Periods for Transition - The report identifies two critical periods for achieving the dual carbon goals, with specific tasks outlined for each period [6] - From now until 2030, Guangdong should focus on developing offshore wind and distributed solar power, enhancing green electricity self-sufficiency, and promoting energy efficiency in buildings and transportation [7] - From 2030 to 2060, the focus should shift to hydrogen energy substitution, controlling fluorinated gases, and implementing CCUS technologies, which could contribute 42% to emission reductions [7]

由丹纳赫中国区前高管杨益、陈朝巍合著的《丹纳赫模式》一书，首次系统拆解丹纳赫赖以成功的核心 能力，将以"低调""神秘"著称的丹纳赫带到了公众视野。 以下摘自《丹纳赫模式》 丹纳赫是什么企业 2015 年 2 月，史蒂文·拉尔斯（Steven Rales）和他的长期搭档韦斯·安德森（Wes Anderson）作为共同出品人 制作的《布达佩斯大饭店》（The Grand Budapest Hotel）获得了第 87 届奥斯卡金像奖中包括最佳影片、最佳 导演等在内的9 项提名，并最终捧回了最佳原创配乐、最佳艺术指导等4 项大奖。 40年400次并购，1800倍回报。这不是神话，而是全球公认的 "并购之王"与"精益标杆"丹纳赫交出的硬 核成绩单。 丹纳赫究竟是一家什么样的公司？为什么美的、复星、药明生物等龙头企业都竞相学习？ 除了电影出品人，史蒂文还有一个更为成功的身份——市值在 2024 年一度突破 2 000 亿美元的纽交所上市公 司丹纳赫集团的创始人。他和他弟弟米切尔·拉尔斯（Mitchell Rales）在 1984 年一起创立了丹纳赫集团。 2019年2月丹纳赫集团以 214 亿美元并购通用电气的生物医药业 ...

腾讯云副总裁、智能制造与智慧能源解决方案负责人蔡毅 智能化要落地，AI必须"走进"具体场景 【天极网IT新闻频道】在AI大模型技术深度融入产业发展的当下，工业能源企业如何通过数智化转型实现高质量发展是行业共同关注的议题。9月16日，在2025腾讯全球数字生态大会智能制造与智慧能源 专场，腾讯云副总裁、智能制造与智慧能源解决方案负责人蔡毅表示，实体企业的智能化转型，离不开广泛的用户连接、海量的企业数据和好用的算力。这一切的核心，在于AI技术的场景落地和生态协同。 当前，工业能源行业正处于数智化转型的关键阶段，单一技术已难以满足行业系统性升级需求，只有推动AI技术与实际业务场景深度融合，才能将技术优势转化为实实在在的产业价值。 毕马威中国技术和新经济管理咨询主管合伙人高人伯指出，AI技术落地的核心障碍并非模型性能、数据规模或合规风险，而是应用思维的局限。他强调，我们不应仅将AI视为优化传统流程、解决既有问 题的"锤子"——被动执行、局限于单点效率提升的工具;而应真正将AI当作主动赋能、系统创新的"神灯"——能够深入工业制造、能源运营等具体场景，通过持续学习与进化，挖掘新需求、解决新问题，实现 从"工具"到"伙伴" ...

Group 1 - The core viewpoint of the article is that despite declining economic indicators, the stock market has been rising, driven by changes in valuation and investor sentiment [1][10]. - The stock market gains can be attributed to two main sources: dividend income and capital gains, with capital gains being influenced by the company's earnings per share (EPS) and price-earnings (P/E) ratio [3][5]. - The A500 index is highlighted for its advantages in reflecting market performance, including its market capitalization weighting and sector representation, which allows for a more accurate depiction of the market's industry distribution [7][8]. Group 2 - The recent market rally is largely driven by valuation changes, with over half of the increase attributed to this factor, supported by ample liquidity and rising investor risk appetite [8][10]. - Historical analysis indicates that stock prices often recover before economic growth, as positive expectations can lead to increased consumer spending and business investment, creating a self-fulfilling cycle [10][12]. - The potential for continued market growth exists, particularly if external conditions remain stable and if the Federal Reserve resumes a dovish monetary policy, which could further enhance valuations [12][14]. Group 3 - The article emphasizes the importance of sector performance during China's industrial transformation, suggesting that different sectors will experience varying prospects, and investors should consider price when making decisions [15]. - For individual investors, the recommendation is to consider broad-based index funds, such as the A500 ETF, which can provide exposure to the overall market without the need for sector-specific analysis [15][21]. - The A500 ETF is noted for its significant scale and low tracking error, which are critical factors for investors seeking to capitalize on market trends [21][24].