公司公布1H25 业绩：1H25 实现收入42.70 亿元，同比+17.2%；归母净利润为1.14 亿元，同比-34.1%； 扣非归母净利润为1.04 亿元，同比-33.6%。 对应2Q25 收入21.71 亿元，同环比+15.0%/+3.5%；归母净利润为0.69 亿元，同环比-35.3%/+52.9%；扣 非归母净利润为0.64 亿元，同环比-37.0%/+57.3%。1H25 业绩基本符合我们预期。 发展趋势 小鹏、比亚迪等客户驱动收入增长，但盈利能力相对承压。收入端，公司整体营收增速略跑赢行业，分 业务看1H25 铝铸件/注塑件收入31.61/10.38 亿元，同比+17.0%/+15.2%，我们认为虽然通用/丰田/本田等 外资客户销量相对承压，但是比亚迪/小鹏等新能源客户的压铸订单贡献主要增量，支撑收入端增长。 利润端，分业务看1H25 铝铸件/注塑件毛利率为11.6%/14.9%，同比-3.0/-0.2ppt，铸件业务/内外饰业务 净利率 2.7%/4.9%，我们认为1H25 注塑业务盈利能力相对稳健，铸件业务由于原料价格高位运行、客 户结构调整等因素导致盈利能力承压；2Q25 毛利率为13.1% ...

华农校长薛红 卫：建议建设 100个智慧农业 示范场_南方+_ 南方plus 8月26日，广东 省加快推进现代 化产业体系建设 专题会议（岭南 特色现代农业专 场）举行。华南 农业大学校长薛 红卫聚焦"智驱 农业变革 赋能 现代化产业体系 建设"主题，深 入剖析广东农业 发展现存问题， 并提出建议。 民的数智技能有 待提升。 薛红卫指出，当 前，广东农业发 展面临三方面问 题：一是基础研 究长周期特性影 响科技创新投 入；二是智慧农 业技术整体数字 化水平较低，全 产业链数字化应 用有待加强；三 是成熟数智化解 决方案不足，农 智能农机装备发 展方面，薛红卫 建议，一是构建 科技创新体系。 整合省内科研院 所、制造企业和 数字技术资源， 加大农机装备的 技术研发力度， 提高适农性及作 业质效。重点突 破农用无人机、 农业机器人等智 能装备关键技 术，打造"研发- 制造-推广"一体 化平台。二是完 善人才支持机 制。加强现代化 农业实用人才培 养，鼓励社会化 服务主体增加对 农机、农技等方 面的培训，加快 农业科技在基层 的传播运用。三 是推进示范应用 工程。实施主要 农作物全程机械 化示范工程，建 设100个 ...

Core Viewpoint - The low-altitude economy is a rapidly growing strategic emerging industry in China, with a significant focus on the development of the drone industry and the urgent need for skilled drone operators [4][5][25]. Industry Overview - The low-altitude economy is expected to reach a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035, highlighting its importance in national economic development [5]. - As of the end of 2024, there are 2.177 million registered drones in China, with 247,300 valid licenses issued, indicating a substantial gap between market demand and available skilled operators [5]. Employment Opportunities - The demand for drone operators, or "flyers," is high, with an estimated talent gap of 1 million positions in the domestic market [5][25]. - The agricultural sector has been the primary field for drone applications, with uses expanding from crop protection to logistics and precision agriculture [6][7]. Training and Certification - The CAAC (Civil Aviation Administration of China) license is essential for operating drones legally, with various training institutions offering courses and certifications [10][12]. - The training typically lasts three days, covering theoretical knowledge, practical operation, and maintenance skills, with an annual training capacity of 70,000 to 80,000 students [11][12]. Educational Institutions - Vocational colleges are increasingly integrating drone technology into their curricula, with 523 institutions now offering drone application technology programs [18][19]. - The focus is on comprehensive training that includes not only flying skills but also data analysis, agricultural knowledge, and technical maintenance [17][20]. Industry Challenges - The industry faces challenges such as the need for standardized practices and the risk of unqualified operators affecting service quality [23][24]. - There is a call for more structured training and assessment to ensure the safety and effectiveness of drone operations in agriculture [24][25].

Domestic News - The domestic fuel surcharge for air travel will be increased starting from July 5, 2025, with a fee of 10 yuan for flights under 800 kilometers and 20 yuan for flights over 800 kilometers [2][3] - The Ministry of Commerce announced that 34 EU companies will not be subject to anti-dumping duties on brandy exports to China if they meet price commitment conditions [2][3] - The cumulative gas production of the Shanxi coalbed methane field has exceeded 20 billion cubic meters, making it the first coalbed methane field in China to reach this milestone [3] - The Beijing Digital Economy Development Report (2024-2025) indicates that Beijing ranks second globally in digital economy benchmarks, showing improvement in data factor allocation, digital industry leadership, and innovation capabilities [3] - The Hong Kong Stock Exchange has launched an Integrated Fund Platform (IFP) with participation from 33 fund distributors, custodians, and fund companies, including 12 Chinese securities firms [3] International News - OPEC+ announced an increase in oil production by 548,000 barrels per day starting in August, with major oil-producing countries accelerating production [2][6] - The U.S. government plans to set new unilateral tariff rates, with potential rates ranging from 10% to 70%, effective from August 1 [6]

Group 1: Agricultural Innovation - The emphasis is on accelerating agricultural and medical technology innovation to enhance productivity and quality in the agricultural sector [1] - Focus areas include seed industry, agricultural machinery, feed, and planting and breeding technologies, promoting collaborative innovation in agriculture [1] - The promotion of smart agriculture through new equipment like agricultural drones is highlighted to improve production efficiency [1] Group 2: Medical Device and Pharmaceutical Development - There is a call for increased policy support and optimization of the innovation ecosystem to encourage enterprises, hospitals, and research institutions to focus on cutting-edge technologies in pharmaceuticals and medical devices [2] - The importance of integrating production, education, and research is stressed to tackle key technological challenges in the medical field [2] - Encouragement for enterprises to increase R&D investment and utilize new technologies such as big data and artificial intelligence to address gaps in innovative drug and high-end medical device development [2]

Group 1 - The core viewpoint emphasizes the need for effective promotion of agricultural technology innovation and accelerated development and application of advanced medical devices [1][2] - The focus is on enhancing agricultural productivity through technology, particularly in key areas such as seed industry, agricultural machinery, feed, and cultivation techniques [1] - There is a strong emphasis on the integration and promotion of agricultural technology achievements to improve service for farmers and enhance agricultural efficiency [1] Group 2 - The government aims to increase policy support and optimize the innovation ecosystem for medical device research and development [2] - Encouragement for enterprises, hospitals, and research institutions to focus on cutting-edge technologies and critical "bottleneck" technologies in pharmaceuticals and medical devices [2] - The goal is to establish a unified national market for pharmaceuticals and medical devices, supporting companies in international competition and expanding the development space for the medical industry [2]

Core Viewpoint - The training session for agricultural machinery disaster prevention and emergency response was held in Guangzhou to enhance the capabilities of disaster response in the agricultural sector, particularly in light of the approaching flood season in southern China [2][3][4]. Group 1: Training and Capacity Building - The training session on June 4 included nearly a hundred representatives from various agricultural departments and emergency service teams [5]. - The focus was on building an emergency response mechanism for agricultural machinery, including the establishment of emergency service teams and the efficient allocation of emergency machinery and personnel [7][14]. - The training emphasized the importance of improving emergency response capabilities to mitigate the impact of natural disasters on agricultural production and ensure food security [8][16]. Group 2: Regional Development and Support - Since 2024, Guangdong has accelerated the cultivation of regional agricultural machinery social service centers, with 44 provincial-level centers and 125 city and county-level centers established [19][20]. - The training also included learning about emergency response plans and relevant policy documents, as well as practical exercises on disaster response procedures [22][34]. Group 3: Technological Integration - The training featured discussions on the role of meteorological prediction technology in supporting agricultural disaster prevention and response efforts [24][26]. - Participants observed demonstrations of agricultural emergency equipment and learned about the application of agricultural drones for post-disaster response [32][34].

Group 1: China-Latin America Cooperation - The fourth ministerial meeting of the China-Latin America and Caribbean Community Forum opened in Beijing, highlighting the forum's role as an important platform for equal dialogue and mutually beneficial cooperation over the past decade [1] - The cooperation between China and Latin America has developed into a comprehensive, multi-level, and wide-ranging dialogue and cooperation network, showcasing numerous success stories [1] Group 2: Clean Energy Initiatives - The Peñasco Port solar power project in Mexico, built by a Chinese company, has significantly improved local electricity supply, becoming the largest solar project in Latin America upon completion [2] - Over the past decade, China-Latin America cooperation in clean energy has illuminated many homes in Latin America, with projects like the Belo Monte transmission project in Brazil and the Punta wind farm in Chile contributing to local sustainable development [2][3] - The geographical and climatic conditions in Latin America are suitable for clean energy development, and China's expertise in project construction and operation complements this potential [2] Group 3: Agricultural Technology Collaboration - The use of Chinese agricultural drones in Guyana's rice cultivation has improved yield from 5.9 tons per hectare in 2019 to an expected 6.6 tons per hectare in early 2024, with further increases anticipated [5] - The project includes training and guidance from Chinese experts, resulting in the establishment of a digital agriculture framework in Guyana [5] - Broader agricultural technology cooperation between China and Latin America is yielding significant results, contributing to sustainable agricultural development globally [6]

省市县联动，协 同赋能梅州大埔 农业高质量发 展！_南方+_南 方plus 暮春时节，艳阳 高照，大埔柚果 初长成。4月29 日，"农技赋能 茶果香，省县联 动乡村行"广东 农技大讲堂暨农 技推广服务驿站 推进活动在梅州 大埔顺利举办。 现场开展山地丘 陵机械现代农业 装备展示和无人 机飞防演示等精 彩内容，集中示 范呈现广东农技 助力山地农业崛 起的"硬核"技 术。 省县协同联动 全面落实省 委"1310"具体部 署，深入实 施"百千万工 程"，围绕实施 乡村振兴战略， 聚焦乡村建设和 产业发展需求， 充分发挥农技推 广服务驿站"桥 头堡"的作用， 推动科技赋能山 地农业发展，助 推农产品稳产保 供，省农业技术 推广中心精心组 织策划了本 次"省县联动乡 村行"活动。 活动首次走进大 埔，聚焦大埔蜜 柚、茶叶等当地 特色农业产业， 采用室内培训 +山地丘陵机械 展示和无人机演 示+农技需求对 接服务+田头课 相结合，线上线 下同步直播的形 式开展，同时还 开展了巾帼农业 科技特派员农技 对接服务活动。 本次活动内容丰 富，既密切结合 生产实际又形式 多样，是一次拓 展省县驿站协同 联动机制，推动 山地传统农 ...