↑点击上面图片 加雪球核心交流群 ↑ 风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者： 张翼轸 来源：雪球 2026 年开年，A 股简直是 "火上浇油"。 周五，中证 A 股上涨 1.18%，本月迄今涨幅已经到了 5.07%。 更重要的是，A 股成交额来到了 3.1 万亿元。上一次出现 3 万亿元以上的成交额，已经是去年的 9 月 18 日了。 | | | | | | - 3 C / / + X 2 - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + 2 × - / / + × 2 × - / / + × 2 × - / / + × | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | सेक्स | 2025 一季度 | 2025 二季度 | 2025 三季度 | 2025 20 ...

在南山智尚超高分子量聚乙烯纤维生产车间里，副总经理韩皞随手从产线上一卷白色纤维中扯出一根 几乎看不见的丝，"试试看，扯不断的。" 这根丝细若蚕丝，捏在指尖仿佛稍一用力就会崩断，可它的强度竟是优质钢材的15倍。过去三年，这 根"硬核丝"的履历足够亮眼：既能织进防弹衣里直面冲击，又能拧成深海缆绳死扛台风，身影遍及安 全防护、海洋工程、航空航天等领域。 如今，这根学名为超高分子量聚乙烯纤维的细丝，有了一份更细致的活——进入机器人灵巧的指关 节，当"肌腱"。一同跨界的，还有该公司的另一根丝——能让高端瑜伽裤柔软贴服的锦纶长丝，给机 器人当"皮肤"。 从时尚秀场的精纺呢绒，到深海工程的特种缆绳，再到人形机器人的触觉感知系统，这家山东传统纺 织企业，用两根丝完成"传统纺织→高端新材料→机器人核心部件"的转型升级。这不仅是产品跨界， 更是一家中国制造企业在时代浪潮中，主动向产业链顶端持续攀登的进化样本。 在产能红海中"向上突围" 南山智尚的起点，深深扎根于传统的纺织业。它是全球为数不多的毛纺织服装产业链一体化公司，拥 有从羊毛到成衣完整的毛纺织服饰产业链。然而，躺在传统优势上并非长久之计。 转折来自集团的产业链协同优势。依 ...

在南山智尚超高分子量聚乙烯纤维生产车间里，副总经理韩皞随手从产线上一卷白色纤维中扯出一根几乎看不见的丝，"试试看，扯不断的。" 这根丝细若蚕丝，捏在指尖仿佛稍一用力就会崩断，可它的强度竟是优质钢材的15倍。过去三年，这根"硬核丝"的履历足够亮眼：既能织进防弹衣里直面 冲击，又能拧成深海缆绳死扛台风，身影遍及安全防护、海洋工程、航空航天等领域。 如今，这根学名为超高分子量聚乙烯纤维的细丝，有了一份更细致的活——进入机器人灵巧的指关节，当"肌腱"。一同跨界的，还有该公司的另一根丝 ——能让高端瑜伽裤柔软贴服的锦纶长丝，给机器人当"皮肤"。 从时尚秀场的精纺呢绒，到深海工程的特种缆绳，再到人形机器人的触觉感知系统，这家山东传统纺织企业，用两根丝完成"传统纺织高端新材料机器人 核心部件"的转型升级。这不仅是产品跨界，更是一家中国制造企业在时代浪潮中，主动向产业链顶端持续攀登的进化样本。 在产能红海中"向上突围" 南山智尚的起点，深深扎根于传统的纺织业。它是全球为数不多的毛纺织服装产业链一体化公司，拥有从羊毛到成衣完整的毛纺织服饰产业链。然而，躺 在传统优势上并非长久之计。 转折来自集团的产业链协同优势。依托旗下裕龙石 ...

易方达国证机器人产业ETF（159530）基金经理为李树建、李栩。 12月26日，航天智装涨5.34%，截至发稿，报30.98元/股，成交13.40亿元，换手率6.34%，总市值222.36 亿元。 资料显示，北京航天神舟智能装备科技股份有限公司位于北京市海淀区中关村南三街16号院1号楼2层， 成立日期2007年9月4日，上市日期2015年5月15日，公司主营业务涉及铁路车辆运行安全检测及检修系 统、智能测试仿真系统和微系统与控制部组件、核工业及特殊环境自动化装备。主营业务收入构成为： 核工业及特殊环境智能装备系统51.56%，智能测试仿真系统和微系统与控制部组件30.33%，铁路车辆 运行安全检测及检修系统22.84%。 从航天智装十大流通股东角度 数据显示，易方达基金旗下1只基金位居航天智装十大流通股东。易方达国证机器人产业ETF （159530）三季度新进十大流通股东，持有股数1141.52万股，占流通股的比例为1.61%。根据测算，今 日浮盈赚取约1792.18万元。 易方达国证机器人产业ETF（159530）成立日期2024年1月10日，最新规模133.15亿。今年以来收益 29.86%，同类排名1 ...

Group 1 - The core point of the news is that Aerospace Intelligent Equipment experienced a decline of 5.09% in stock price, reaching 25.91 yuan per share, with a trading volume of 662 million yuan and a turnover rate of 3.49%, resulting in a total market capitalization of 18.597 billion yuan [1] - Aerospace Intelligent Equipment, established on September 4, 2007, and listed on May 15, 2015, is based in Haidian District, Beijing. The company's main business includes safety detection and maintenance systems for railway vehicles, intelligent testing and simulation systems, and automation equipment for the nuclear industry and special environments [1] - The revenue composition of Aerospace Intelligent Equipment is as follows: 51.56% from nuclear industry and special environment intelligent equipment systems, 30.33% from intelligent testing and simulation systems and micro-system control components, and 22.84% from railway vehicle safety detection and maintenance systems [1] Group 2 - From the perspective of the top ten circulating shareholders, E Fund's ETF, the E Fund National Robot Industry ETF (159530), entered the top ten shareholders in the third quarter, holding 11.4152 million shares, which accounts for 1.61% of the circulating shares. The estimated floating loss today is approximately 15.8671 million yuan [2] - The E Fund National Robot Industry ETF (159530) was established on January 10, 2024, with a latest scale of 13.315 billion yuan. Year-to-date returns are 25.21%, ranking 2065 out of 4197 in its category; the one-year return is 18.88%, ranking 2676 out of 4154; and since inception, the return is 45.26% [2] Group 3 - The fund managers of the E Fund National Robot Industry ETF (159530) are Li Shujian and Li Xu. As of the report, Li Shujian has a tenure of 2 years and 107 days, with a total fund asset size of 19.758 billion yuan, achieving a best fund return of 105.96% and a worst return of -10.8% during his tenure [3] - Li Xu has a tenure of 3 years and 29 days, with a total fund asset size of 26.712 billion yuan, achieving a best fund return of 127.45% and a worst return of -3.58% during his tenure [3]

昨天（12月22日），"金鸡湖2025人力资源生态周暨苏州重点产业薪酬调研成果发布"系列活动在苏 州工业园区开幕。作为苏州首个集"研、展、洽、招"于一体的重点产业人力资源盛会，本次活动以"聚 势启新，生态共融"为主题，采用"1+4+X"架构，围绕一场开幕式、四场产业分享会及多场生态展览展 开，旨在打造集发布、研讨、展示、对接于一体的高水平产业人才交流平台。为期一周的活动中，汇聚 人力资源服务业、金融服务业等多行业的人力资源生态展同步举行。 现场，园区人力资源开发有限公司（新建元圆才）发布《2025苏州市重点产业薪酬调研成果》。报 告显示，苏州市企业员工总体年薪稳中有涨，2025年度全市企业员工年薪50分位值为11.7万元，其中高 端装备制造、新一代信息技术两大重点产业年薪同步攀升，核心技术岗位年薪最高可达百万元。人才需 求方面，全市总体保持平稳态势，航空航天及低空经济、机器人、智能车联网等新质生产力领域招聘活 跃度较高。据悉，苏州市重点行业企业薪酬福利调查报告今年已是连续第17年发布。 ...

Core Insights - The "14th Five-Year Plan" emphasizes accelerating high-level technological self-reliance and the integration of technological and industrial innovation [1] - Various provinces are unveiling local versions of the "14th Five-Year Plan," focusing on cultivating new productive forces and detailed industrial innovation [1] Group 1: Strategic Focus Areas - Multiple regions are prioritizing cutting-edge fields such as artificial intelligence, quantum technology, and biomanufacturing, with significant projects being planned [1] - Beijing aims to cultivate a leading global AI industry ecosystem, focusing on high-end chips and foundational software [1] - Zhejiang is working to develop emerging pillar industries, accelerating clusters in AI, aerospace, and biomedicine [1] - Guangdong plans to create a high-tech, high-growth, large-scale industrial cluster around "AI + Robotics," with Shenzhen's "Robot Valley" already established as a complete ecosystem [1][4] Group 2: Policy and Industry Support - The Greater Bay Area has developed differentiated policy matrices, with Shenzhen focusing on "complete machines + chips" and Guangzhou on "robots + application scenarios," supported by provincial demonstration industry funds [6] - The integration of these policies is expected to comprehensively support industrial development [6] Group 3: Resource Allocation and Competitive Advantage - Regions are targeting national strategic needs to form differentiated competitive advantages, such as Inner Mongolia's goal to become the largest rare earth materials base and Guizhou's focus on computing power industries [8] - Hainan is enhancing its innovation capabilities in sectors like seed industry, deep-sea, and aerospace [8] Group 4: Comprehensive Development Framework - There is a consensus on building a full-chain development system from basic research to technology breakthroughs and industrial clustering to foster new productive forces and promote high-quality industrial chain development [11] - Shandong is implementing a ten-year action plan to increase investment in basic research, while Jiangsu is pushing for breakthroughs in key technologies in integrated circuits and biomanufacturing [11] Group 5: Economic Transition and Future Roadmap - The "14th Five-Year Plan" period is seen as a critical five years for achieving socialist modernization, with the development of emerging industries being the foundation for high-quality economic growth and the transformation of old and new driving forces [13] - Future development roadmaps are becoming clearer, indicating a significant trend towards the transformation of industrial structures to be more "new" and "intelligent" [13]

央视网消息：12月10日，一系列经济数据发布，物价总体平稳运行，在政策推动下，部分行业生态优化调整显效，产业升级与内需扩容协 同发力，市场活力持续增强。 11月份CPI同比上涨0.7% 国家统计局12月10日发布的数据显示，11月份，我国居民消费价格指数CPI同比上涨0.7%，涨幅比上个月扩大0.5个百分点；扣除食品和能 源的核心CPI同比上涨1.2%，涨幅连续3个月保持在1%以上。 11月份，受国内部分行业供需结构优化、国际大宗商品价格传导等因素影响，工业生产者出厂价格指数（PPI）环比上涨0.1%，连续两个 月上涨。 随着综合整治"内卷式"竞争成效显现，煤炭开采和洗选业、光伏设备及元器件制造、锂离子电池制造价格同比降幅连续多个月收窄。 前10个月规模以上轻工企业实现营收19万亿元 生产总体平稳。前10个月，规模以上轻工业增加值同比增长5.8%。电池、塑料家具制造业增加值继续保持两位数增长，洗衣机、空调产 量分别增长6.4%、3%。 内需潜力不断释放。前10个月，轻工11类商品零售额超7.1万亿元，同比增长9.8%。家用电器和音像器材类商品零售额增长20.1%，自上年 9月份以来持续保持两位数增长。在以旧换 ...

在全球顶级赛场看顶级赛事，在龙形水系感受文化与自然交融，在246.8米的奥林匹克塔上俯瞰京城，在机器人公 园里与机器人面对面……2025年12月4日，北京市发布《加快北京奥林匹克中心区高质量发展行动计划（2025 年-2027年）》（以下简称《行动计划》）。《行动计划》显示，北京将在奥林匹克中心区建设全球首个国家人形 机器人赛训基地、推进奥林匹克森林公园基础设施提升和奥林匹克塔改造工程、实施龙形水系综合改造、地下环 隧改造升级工程等。 北京奥林匹克公园全景图。北京市发改委供图 "双奥"特色融合体育消费等业态 北京奥林匹克中心区地处北京城中轴线的北端，占地面积11.59平方公里，作为2008年北京夏季奥运会、残奥会和 2022年北京冬季奥运会、残奥会的主承载区和开闭幕式主办区域，是目前全球唯一的"双奥"园区，也是世界上最 大的综合性奥林匹克文化展示区。 中心区拥有丰富的资源，北京市发展改革委党组成员、副主任张鑫介绍，8座国家级和市级文化科技设施每年举办 近百场大型活动，同时拥有高品质商业配套，年客流量在3000万人次以上。奥林匹克中心区是无围栏、开放式的 国家5A级旅游景区，每年接待游客近亿人次。而在体育设施方 ...

Group 1 - The core viewpoint of the news is that Gohigh Technology has seen a stock price increase of 5.1%, reaching 30.49 CNY per share, with a total market capitalization of 12.196 billion CNY as of the report date [1] - Gohigh Technology, established on October 29, 1999, is located in Shenzhen, Guangdong Province, and specializes in the research and development of core technologies in motion control and intelligent manufacturing [1] - The company's revenue composition includes 70.47% from core motion control components, 18.27% from motion control systems, 9.57% from complete motion control machines, and 0.90% from other supplementary sources [1] Group 2 - Among the top circulating shareholders of Gohigh Technology, E Fund's ETF, the E Fund National Robot Industry ETF (159530), has entered the top ten shareholders, holding 6.0554 million shares, which is 2.17% of the circulating shares [2] - The E Fund National Robot Industry ETF (159530) was established on January 10, 2024, with a latest scale of 13.315 billion CNY, and has achieved a year-to-date return of 21.63% [2] - The fund's performance over the past year has yielded a return of 26.92%, ranking 1668 out of 4006 in its category [2]