■ 赵学毅 十年前，我们为企业突破"卡脖子"技术而振奋；五年前，我们为各地崛起的产业集群而鼓舞；如今，我 们正为一个又一个蓬勃生长的创新生态而欢呼。 创新生态，是一种以网络协作为基础的复杂结构，通过整合人才、技术、信息、资本等要素，构建起价 值共创、利益共享的创新网络。其健康发展，对加快实现高水平科技自立自强、迈向第二个百年奋斗目 标，具有深远战略意义。唯有生态繁荣，每一位参与者才能真正共享增长的价值。 那么，该如何演绎好这场创新生态的"大合唱"？答案很明确：任何参与者都不能只唱"独角戏"。 以华为鸿蒙为例，自诞生之日起，鸿蒙就选择了操作系统领域最难的道路——从零构建一个完整的生 态。如今，鸿蒙生态已汇聚超30万应用与元服务，与安卓、iOS并列全球三大移动操作系统。鸿蒙的成 功，正是从华为的"领唱"，逐步演进为无数开发者、硬件厂商与应用伙伴共同参与的"大合唱"。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 新能源汽车产业同样是范例。当汽车遇上新能源电池，转身又遇见人工智能、互联网、大数据等变革性 技术，其产 ...

■赵学毅 十年前，我们为企业突破"卡脖子"技术而振奋；五年前，我们为各地崛起的产业集群而鼓舞；如今，我们正为一个又一个 蓬勃生长的创新生态而欢呼。 一是构筑国家引领的创新"大生态"。依靠国家力量推动科技创新，完善顶层设计，包括制定国家科技创新战略，加大财政 科技投入，建立教育、科技、人才"三重螺旋"协同机制，强化国家战略科技力量的引领与协同作用。党的二十大报告明确提 出"形成具有全球竞争力的开放创新生态"，这正是应对新一轮科技革命与产业变革的关键之举。 二是搭建产学研协同的创新"中生态"。企业是创新主体，高校院所为创新源泉，平台提供支撑，中介机构助力催化。通过 资源互补、集群创新与跨界合作，借助"揭榜挂帅""赛马"等高效机制，可形成良性循环的协同生态。 创新生态，是一种以网络协作为基础的复杂结构，通过整合人才、技术、信息、资本等要素，构建起价值共创、利益共享 的创新网络。其健康发展，对加快实现高水平科技自立自强、迈向第二个百年奋斗目标，具有深远战略意义。唯有生态繁荣， 每一位参与者才能真正共享增长的价值。 三是培育孵化器驱动的创新"小生态"。各地孵化器应强化成本控制、项目孵化、综合服务与产业培育功能，为企业提 ...

Group 1 - Gree Electric Appliances, led by Dong Mingzhu, will not adopt aluminum technology for air conditioning until it achieves the same level of technical assurance as copper [1] - The Chinese home appliance technology annual conference has released relevant standards to promote the application of aluminum in the air conditioning sector [1] Group 2 - Huawei's HarmonyOS installation has surpassed 30 million units, increasing by 3 million in less than a month [3] - The latest data shows that the number of devices equipped with HarmonyOS 5 and HarmonyOS 6 was 27 million as of November [3] Group 3 - The price of DDR5 memory has surged due to increased demand driven by AI, leading many users to revert to the AM4 platform due to its cost-effectiveness [4] - The AM4 platform is now seen as a viable option due to its mature technology and affordability, even contributing to environmental benefits [4] Group 4 - SPhotonix has announced a plan to implement its 5D glass storage technology in data centers, with a single 5-inch glass disc capable of storing up to 360TB of data [8] - The stability of this storage technology is projected to last for 13.8 billion years [8] Group 5 - The China Iron and Steel Association has called for steel companies to avoid "involution" and hopes for a response from automotive companies [10] - The demand for automotive steel is expected to grow in the future [10] Group 6 - China Mobile has released a white paper on 6G transmission technology, emphasizing the core concept of "beyond connectivity" [16] - The white paper details the architecture and key technological directions for 6G transmission networks [16]

Group 1 - The company has collaborations with leading firms such as Huawei and Alibaba in areas like cybersecurity and data security [2] - Partnerships include joint promotion of domestic security products, smart cloud solutions, vulnerability detection, and compatibility certification [2] - Currently, the revenue from these collaborations constitutes a relatively small proportion of the company's overall revenue [2] Group 2 - The company's firewall, VPN, WAF, and EDR virtualization security products are now available on the Alibaba Cloud marketplace [2] - These products aim to provide cloud security assurance to customers [2]

Market Overview - The market experienced a decline on November 20, with the Shanghai Composite Index falling by 0.4%, the Shenzhen Component down by 0.76%, and the ChiNext Index decreasing by 1.12%[2] - The total trading volume was 1.72 trillion, a decrease of approximately 20 billion compared to the previous trading day[1] Sector Performance - Most sectors declined, with notable increases in construction materials and comprehensive banking, while coal, oil, chemicals, and power equipment sectors faced significant declines[1] - The technology sector, particularly semiconductor and communication equipment, saw major capital outflows, indicating a shift in investor sentiment[3] Technical Indicators - The market is showing signs of short-term weakness, with the ChiNext Index breaking below the 60-day moving average, and the Shenzhen and Shanghai indices also facing similar tests[1] - A five-day consecutive decline in the daily K-line pattern suggests a bearish trend, necessitating caution in trading strategies[1] Fund Flows - On November 20, net outflows from the Shanghai Stock Exchange amounted to 4.557 billion, while the Shenzhen Stock Exchange saw net outflows of 6.478 billion[3] - The top three sectors for capital inflows were IT services, energy metals, and joint-stock banks, while the semiconductor, communication equipment, and photovoltaic equipment sectors experienced the largest outflows[3] Economic Indicators - The October consumption market showed stable growth, with new energy vehicle retail sales increasing by 7.3%[4] - The November Loan Prime Rate (LPR) remained unchanged at 3.5% for five years and 3% for one year, indicating a stable monetary policy environment[5] Industry Trends - The Chinese chip design industry is projected to achieve sales of 835.73 billion in 2025, reflecting a year-on-year growth of 29.4%[8] - The smart glasses market is expected to reach a significant turning point in 2026, with global shipments projected to exceed 23.687 million units, and China's market expected to surpass 4.915 million units[7]

Market Overview - Major indices closed lower on Monday, with a trading volume of 1.93 trillion, a decrease of approximately 50 billion from the previous trading day[1] - The market showed a weak trend, with the Shanghai Composite Index down 0.46%, the Shenzhen Component down 0.11%, and the ChiNext Index down 0.2%[3] - Defensive sectors like banking, coal, and oil saw gains, while TMT sectors continued to adjust, indicating a lack of clear market direction[1] Industry Insights - Huawei is set to release breakthrough AI technology that could increase the utilization rate of computing resources from an industry average of 30%-40% to 70%[1] - The domestic water-saving industry market is estimated to exceed 760 billion, supported by the development of multiple water-saving industrial parks[9] Financial Data - From January to October, the national general public budget revenue reached 186,490 billion, a year-on-year increase of 0.8%[4] - The new fund issuance scale has surpassed 1 trillion this year, with a total of 1,377 new funds established, amounting to 995.977 billion[13]

Market Overview - The A-share market experienced fluctuations on November 17, with the Shanghai Composite Index down by 0.43%, the Shenzhen Component Index down by 0.35%, and the ChiNext Index down by 0.8% [1][2] - Over 2900 stocks in the market declined, indicating a broad market weakness [1] Sector Performance - The innovation drug, photovoltaic, gold, and electric power grid sectors saw declines, while lithium mining, Fujian sector, and AI applications performed well [1] - The lithium mining sector showed significant gains, with multiple stocks hitting the daily limit, including Dazhong Mining and Rongjie Co., which both saw a surge in their stock prices [4] Notable Stocks - Fujian sector stocks surged, with companies like Sanmu Group and Pingtan Development hitting the daily limit, and Pingtan Development's stock price increased by 255.19% since October 17, raising its market capitalization from 6.5 billion to 23.1 billion [8][10] - Huawei's Hongmeng concept stocks experienced a rally, with Dahua Intelligent hitting the daily limit and several other stocks rising over 3% [12] Corporate Developments - Alibaba launched the public beta of its "Qianwen" app, aiming to enter the AI to C market, with the app leveraging the Qwen3 open-source model and integrating various life scenarios [15]

Market Overview - The A-share market experienced fluctuations on November 17, with the Shanghai Composite Index down by 0.43% and the Shenzhen Component Index down by 0.35% [1][2] - Over 2900 stocks in the market declined, while sectors such as lithium mining, Fujian, and AI applications showed resilience [1] Sector Performance - The lithium mining sector saw significant gains, with multiple stocks hitting the daily limit, including Dazhong Mining and Rongjie Co., which both achieved a limit-up [3][4] - The Fujian sector also surged, with stocks like Sanmu Group and Pingtan Development reaching their daily limit, and Haixia Innovation rising over 16% [5][6] Company Highlights - Pingtan Development exhibited a remarkable performance with a 255.19% increase in stock price since October 17, raising its market capitalization from 6.5 billion to 23.1 billion [6][8] - Huawei's Hongmeng concept stocks experienced upward movement, with Dahua Intelligent reaching the daily limit and several other stocks rising over 3% [8][9] New Developments - Alibaba launched the "Qianwen" project, entering the AI to C market with the public beta of the Qianwen APP, which aims to compete with ChatGPT by integrating various life scenarios [11]

Core Viewpoint - Huawei's HarmonyOS concept has experienced a volatile rebound, with several related companies seeing significant stock price increases [1] Group 1: Stock Performance - Companies such as Borui Data, Geer Software, Rongji Software, and 360 Technology have reached their daily price limit increase [1] - Other companies including Dongfang Guoxin, Dahua Intelligent, Zhaori Technology, Softcom Power, Wantong Technology, and Tuwei Information also experienced stock price increases [1]

Core Insights - The article highlights the remarkable economic growth and transformation of Shenzhen, Zhuhai, and Shantou over the past 45 years, marking them as symbols of China's reform and opening-up policy [1][2][3] Group 1: Shenzhen - Shenzhen's GDP has surged from 270 million to 3.68 trillion, an increase of nearly 13,000 times [1] - The city hosts 25,000 national high-tech enterprises, the highest density in the country, with R&D investment accounting for 6.46% of GDP [1] - Shenzhen produces 110 high-value invention patents per 10,000 people, which is 7.9 times the national average, showcasing its innovation capabilities [1] Group 2: Zhuhai - Zhuhai's GDP has reached 447.9 billion, with a per capita GDP exceeding 170,000 [2] - The city has established the first low-altitude traffic regulations in the country, with a projected low-altitude economy output of 19.87 billion in 2024, a year-on-year growth of 27.3% [2] - The integration with Hong Kong and Macau is facilitated by the Hong Kong-Zhuhai-Macao Bridge, with over 1 million vehicles from Hong Kong and 2.6 million from Macau crossing into the mainland [2] Group 3: Shantou - Shantou's GDP has surpassed 316.7 billion, growing over 110 times from its initial value [3] - As the only national economic and cultural cooperation pilot zone for overseas Chinese, Shantou has attracted 6,500 foreign investment projects, with actual foreign capital utilization exceeding 10 billion, 80% of which is from overseas Chinese [3] - The city is experiencing rapid industrial transformation, with new industries contributing 64.7% to the industrial added value [3] Group 4: Overall Economic Impact - The combined GDP of Shenzhen, Zhuhai, and Shantou has increased from 1.61 billion in 1980 to 4.44 trillion in 2024, a growth of over 2,750 times [3] - The article emphasizes the ongoing narrative of reform and innovation in these three cities, contributing to China's modernization [3]