把猪器官移植到猕猴甚至人体内，听起来是天方夜谭，但作为5年前"冷启动"的热土，异种器官移植在 2025年取得的突破，比过去100年都多。 一枚基因编辑猪肾，在美国大叔蒂姆·安德鲁斯（Tim Andrews）的体内正常工作了近9个月，刷新了全 球猪肾移植患者的存活纪录。但在今年10月23日，因为移植肾功能衰退，这枚猪肾被摘除，安德鲁斯恢 复透析，纪录也定格在271天。 不过，华中科技大学同济医学院附属同济医院器官移植外科主任医师、长江学者特聘教授、国内器官移 植领域权威专家陈忠华，却从历史长河中翻出一个有趣的案例：1964年，一位美国女教师接受黑猩猩肾 脏移植后，存活了近9个月（269天），仅比此次美国猪肾移植患者创下的最新存活纪录（271天）少两 天。 视觉中国图 也就是说，经过60多年的努力，异种器官移植到人类体内的存活纪录仅提高了两天。对比人工心脏取得 的实质性进步，异种器官移植所做的努力是否还远远不够？ "绝对不是。"近日，陈忠华在接受《每日经济新闻》记者（以下简称NBD）专访时表示，"我们不会把 它（指全球猪肾移植最长纪录保持者摘除猪肾）定义为失败，而是一个新的里程碑。" 两天之差的本质：基因编辑与免 ...

Investment Rating - The report maintains a "Recommended" rating for the new materials industry [1]. Core Insights - The new materials sector is positioned as a crucial direction for the chemical industry, currently experiencing rapid growth in downstream demand. With policy support and technological breakthroughs, domestic new materials are expected to accelerate into a long-term growth phase. The report emphasizes that "one generation of materials supports one generation of industry," highlighting the foundational nature of the new materials industry as the material basis for other industries [4]. Summary by Sections 1. Electronic Information Sector - Focus areas include semiconductor materials, display materials, and 5G materials [5]. - A significant development is the plan to construct a large-scale data center system in Beijing, aimed at moving large-scale AI computing power to space, with operations expected to exceed 1 GW [6][22]. 2. Aerospace Sector - Key materials of interest are PI films, precision ceramics, and carbon fibers [7]. 3. New Energy Sector - The report highlights the focus on photovoltaic materials, lithium-ion batteries, proton exchange membranes, and hydrogen storage materials [9]. - As of October 2025, over 800 integrated projects for wind and solar hydrogen production have been planned in China, with a total green hydrogen capacity nearing 9 million tons per year [10]. 4. Biotechnology Sector - The focus is on synthetic biology and scientific services [11]. - A notable breakthrough in India involves the launch of a pilot plant for CO2 to DME conversion, marking a significant milestone in carbon recycling technology [12]. 5. Energy Conservation and Environmental Protection Sector - Key materials include adsorption resins, membrane materials, and biodegradable plastics [13]. - The Ministry of Ecology and Environment has released a carbon emissions trading market allocation plan, which aims to incentivize companies based on their carbon emissions performance [14]. 6. Key Companies and Earnings Forecast - The report lists several key companies with their stock prices and earnings per share (EPS) forecasts for 2024 to 2026, indicating a positive outlook for many companies in the new materials sector [16].

海利生物（603718）(603718.SH)发布公告，公司与美伦管理有限公司签订《补充协议》，美伦公司应 于2026年1月10日之前向公司退还3.993亿元的交易差价。因美伦公司资金周转困难，预计无法按期支付 交易差价，建议以其持有的陕西瑞盛生物科技有限公司41%股权向公司履行交易差价退还义务。根据评 估报告，目标股权交易作价为3.993亿元，与交易差价相抵后，公司本次收购瑞盛生物41%股权无需再 支付股权转让款。本次交易完成后，公司持有瑞盛生物的股权比例由55%变更为96%。 ...

世界百年变局加速演进，科技成为大国博弈主战场。集成电路、生物科技等是竞争最激烈的领域，也是 我国"卡脖子"问题突出的领域。只有瞄准世界科技前沿，下好"先手棋"，打好基础、储备长远，不断取 得重大原创性成果，才能筑牢国家安全底座，夯实发展的根基。 当前，科学研究向极宏观拓展、向极微观深入、向极端条件迈进、向极综合交叉发力，前沿技术呈现加 速突破、交叉融合和群体跃升态势，人工智能赋能科学研究的新范式正在兴起，原创性成果持续涌现。 人工智能、量子科技、生物技术等领域深入发展，我国迎来换道超车的历史机遇。新一轮科技革命和产 业变革抓住了就是机遇，抓不住就是挑战。作为科学探索的源头，基础研究不仅是技术突破的基石，更 是产业变革的底层驱动力；它既为技术突破提供理论支撑，又为产业升级注入持续动力。只有在基础研 究领域不断取得突破，形成原创性、颠覆性、引领性科技成果，才能在新一轮科技革命和产业变革中、 在大国博弈交织的国际竞争中赢得战略主动。 （文章来源：新华社） 新华社北京11月30日电 《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》提出："强 化科学研究、技术开发原始创新导向"。这是全面增强自主创新能力，加 ...

Group 1: AI and Technology Transformation - AI is evolving from a tool for process optimization to a core productivity force that reshapes industry logic, marking the transition from "using AI" to "coexisting with AI" [7] - The emergence of embodied intelligence is transforming productivity by enabling robots to autonomously learn and operate in diverse environments, thus integrating AI's value into urban and industrial contexts [9] - The concept of Agentic AI is introduced, where AI evolves from a passive tool to an active collaborator, enhancing decision-making and operational efficiency across industries [16] Group 2: Consumer Behavior and Market Dynamics - The consumer market is undergoing a profound value reconstruction, with consumers balancing rational price-value assessments and emotional connections to brands [34] - The focus is shifting from chasing broad market appeal to creating unique, irreplaceable value for specific consumer segments, as seen in the "胖东来模式" and the rise of domestic brands [35][36] - Companies are urged to prioritize quality and authenticity in their offerings, aligning with consumer expectations for genuine value rather than inflated prices [37] Group 3: Health and Biotechnology - The integration of AI with biology is redefining health management, moving towards personalized solutions that decode individual life patterns and health needs [45] - The concept of "biological intelligence" emerges, emphasizing the collaboration between AI and biological sciences to unlock new potentials in disease treatment and human understanding [46] Group 4: Marketing and Brand Strategy - The marketing landscape is shifting from external traffic acquisition to building internal trust assets, with founders becoming the "trust conduits" for their brands [50] - Long-termism is identified as a foundational logic for brand growth, emphasizing sustained investment in core areas rather than short-term gains [51] - The importance of effective innovation is highlighted, focusing on simplifying choices and enhancing the utility of products rather than merely adding features [66] Group 5: Innovation and Entrepreneurship - The essence of innovation is returning to fundamental business principles, with successful entrepreneurs balancing visionary foresight with rigorous value assessments [59] - The concept of "soft technology" is gaining traction, emphasizing that the ultimate goal of technology is to enhance emotional connections and human welfare [65] Group 6: Global Collaboration and Sustainability - The global AI landscape is evolving towards a model of mutual empowerment, where resources and demands create a value cycle rather than a one-way output [22] - The focus on sustainable development is evident, with industries leveraging AI to create efficient, green manufacturing processes that redefine operational paradigms [25] Group 7: Conclusion and Future Outlook - The WISE2025 conference encapsulates the deep integration of technology and business, highlighting key themes such as AI acceleration, consumer value return, and global collaboration [68] - Trust, quality, and innovation are identified as the cornerstones for navigating uncertainties in the business landscape, emphasizing the role of entrepreneurs as active participants in shaping the future [68]

Group 1 - The core investment themes for the next five years include technology, metals and mining, passion investments, ASEAN and Chinese markets, and biotechnology [9][30][40] - The technology sector is expected to continue its growth, but current valuations are high [9] - The metals and mining industry may experience explosive growth due to potential metal shortages, particularly in uranium, silver, and platinum [30] - Passion investments, which are assets with limited supply that do not involve technological iteration, are likely to see increased demand during periods of innovation and wealth growth [33] - The ASEAN and Chinese markets are projected to prosper, with Chinese innovation capabilities rapidly advancing [36][38] Group 2 - Generative AI is anticipated to be a major source of profit in future society, with its effective compute power growing exponentially [10][19] - The effective compute power of AI has increased by 100,000 times from 2019 to 2023, and this growth is expected to continue [13] - The application of generative AI in various industries can create strong business moats, unlike large language models which lack brand loyalty and key technological barriers [20] Group 3 - Approximately 80% of jobs are expected to be completed by intelligent robots by 2050, with significant implications for labor markets [22][29] - The rise of reasoning AI and physical AI is expected to transform industries, with robots and intelligent systems taking over both physical and cognitive tasks [24][25] - The cost of producing robots is significantly lower than the cost of training human labor, leading to a potential shift in workforce dynamics [28] Group 4 - The biotechnology sector is currently undervalued compared to the AI sector, with a price-to-earnings ratio of around 10-11 times for international biotech ETFs [40] - AI is significantly reducing research and development costs in biotechnology, leading to a rapid increase in the number of new products [42] - The potential for breakthroughs in personalized medicine and advanced health monitoring technologies is high, making biotechnology a promising investment area [42]

天眼查App显示，近日，周口喜丰果生物科技有限公司成立，法定代表人为陈文中，注册资本10万人民 币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；生物农 药技术研发；肥料销售；化肥销售；生物有机肥料研发；土壤与肥料的复混加工；复合微生物肥料研 发；化工产品生产（不含许可类化工产品）；农作物病虫害防治服务；普通货物仓储服务（不含危险化 学品等需许可审批的项目）；货物进出口；技术进出口（除依法须经批准的项目外，凭营业执照依法自 主开展经营活动）许可项目：农药生产；农药批发；农药零售；肥料生产（依法须经批准的项目，经相 关部门批准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）。 ...

天眼查App显示，近日，唐山创源生物科技有限公司成立，法定代表人为柳林，注册资本50万人民币， 经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广;生物基材料 制造;生物基材料销售;发酵过程优化技术研发;医学研究和试验发展;工程和技术研究和试验发展（除依 法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

信铭生命科技(00474)发布截至2025年9月30日止六个月业绩，该集团期内取得收入2900万港元，同比增 加26.09%;公司拥有人应占利润3.86亿港元，同比扭亏为盈;每股基本利润5.27港仙。 ...

天眼查App显示，近日，盟邦生物科技（广东）有限公司成立，注册资本500万人民币，经营范围为一 般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；塑料包装箱及容器制造； 金属包装容器及材料制造；互联网销售（除销售需要许可的商品）；食品用塑料包装容器工具制品销 售；食品销售（仅销售预包装食品）；食品互联网销售（仅销售预包装食品）。（除依法须经批准的项 目外，凭营业执照依法自主开展经营活动）许可项目：食品销售；食品生产；食品互联网销售。（依法 须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件 为准）。 ...