Group 1 - The first direct current "building charging treasure" in Guizhou has successfully started operation, marking a significant breakthrough in low-carbon park construction in China [2] - TSMC is expected to accelerate global factory expansion with 10 new or expanded wafer fabs next year, with capital expenditure projected to reach $50 billion [2] - China's first 26-meter intelligent active wave compensation bridge has been delivered, contributing to the innovation and development of marine engineering equipment technology [2] - Dongfeng's first Mach power 2.0T engine for low-altitude flight scenarios has been delivered, with a 90% parts commonality with its vehicle engine [2] - Apple is set to surpass Samsung and reclaim the title of the world's largest smartphone manufacturer, driven by the successful launch of the new iPhone series [2][3] Group 2 - The global smartphone market is expected to expand by 3.3% in 2025, with Apple projected to capture a 19.4% market share, marking its first time at the top since 2011 [3]

NO.4 摩根士丹利：对资金持续流入中国市场保持信心 摩根士丹利中国首席股票策略师王滢11月25日发布最新报告，她表示，市场关于股票中长期可持续性的 讨论愈发激烈。"投资者似乎正专注于寻找看多中国市场的信号，但同时也对日益上升的市场波动感到 担忧。我们重申，对资金持续流入中国市场保持信心。若财政政策显著加码、全球贸易格局进一步改 善，我们将转向更积极立场。"她认为，若美国市场出现显著回调，这或是全球风险资产的重要外部风 险。但中国股市与美股相关性在全球主要市场中最低，在此情境下有望跑赢其他市场，A股市场尤其如 此。 NO.5 美国脑机接口公司获批开展首个长期临床试验 ｜2025年11月27日星期四｜ NO.1 新资金入市，第10只险资私募基金开始投资运作 阳光和远私募证券投资基金近日已在中国基金业协会备案，进入运作状态，这是第10只正式开始投资运 作的险资系私募证券基金。今年1月，阳光保险集团旗下的阳光人寿及阳光资产获金融监管总局批准以 契约制基金方式参与保险资金长期投资试点，开展长期股票投资，获批规模200亿元。 NO.2 工信部等六部门：有序发展平台消费、发展直播电商等新业态 11月26日，工业和信息化部 ...

经济观察网据东风集团官网消息，近日，首台东风马赫动力2.0T飞行发动机交付仪式在东风汽车研发总 院举行，该款飞行发动机正式从研发阶段迈向应用阶段。此次交付展现出东风马赫动力的技术迭代能 力，意味着东风汽车在低空动力核心技术领域实现关键突破，将为我国低空经济发展注入动能。 东风马赫动力2.0T飞行发动机以成熟的车用发动机为技术基础，针对低空飞行场景全面升级动力性、冷 却能力与可靠性，动力响应更迅捷、极端环境适应性更强、运维成本更经济，具备高性能、高可靠、低 成本、小尺寸、轻量化等核心优势。该飞行发动机与基础机型的零件通用化率高达90%，功重比达到 1.87kW/kg，这些关键指标为其后续应用与推广奠定了坚实基础。 ...

Core Insights - Dongfeng Motor has achieved a significant breakthrough in low-altitude power technology with the delivery of its first 2.0T flight engine, marking a key milestone in the development of low-altitude economy in China [1][4]. Group 1: Engine Development - The 2.0T flight engine is developed by Dongfeng's team, based on mature automotive engine technology, and has been upgraded for low-altitude flight scenarios, enhancing power, cooling capacity, and reliability [3][4]. - The engine boasts a parts commonality rate of 90% with its base model and a power-to-weight ratio of 1.87 kW/kg, achieving a leading position domestically [3]. Group 2: Application and Market Potential - The flight engine is primarily designed for large drones, logistics aircraft, and tilt-rotor aircraft, characterized by quick response, lightweight, and low vibration, making it suitable for logistics and emergency tasks [3][4]. - Dongfeng aims to provide a technological foundation for next-generation aviation platforms, with ongoing optimizations to meet future demands [3][4]. Group 3: Safety and Reliability - The engine is engineered to perform reliably in complex environments, including high altitudes and extreme temperatures, ensuring stable power delivery during various flight maneuvers [4]. - Dongfeng has made significant advancements in extreme environment adaptability, completing systematic validation of the powertrain under high temperature, cold, and high-altitude conditions [4]. Group 4: Future Development and Collaboration - The engine offers a high-reliability, high-efficiency, and low-cost power solution for low-altitude aircraft, with positive feedback from customers regarding its reliability and economic viability [5]. - Dongfeng plans to continue its research and development focused on lightweight, high-efficiency, and low-energy consumption technologies, aiming to become a leader in low-altitude transportation power solutions [5].