潮起海之南，春动自贸港。1978年12月18日，党的十一届三中全会拉开改革开放大幕；47年后的同一天，2025年12月18日，海南自由贸易港全岛封关正式 启动，完成高水平对外开放的"关键一跃"。 "'一线'放开、'二线'管住、岛内自由"，这是海南自贸港封关运作的核心制度安排。封关两个多月来，海南出现了哪些新气象？新春期间，记者走进海 南，感受高标准建设自贸港的强劲脉动。 "一线"放开：以制度型开放集聚全球发展要素 什么是"一线"？为何要推行"一线"放开？ "一线"，指的是海南自贸港与我国关境外其他国家和地区之间。"一线"放开，就是要面向国际开放，依托岛内8个对外开放口岸（"一线口岸"）实施一系 列自由便利措施。 海口市商务局局长胡珊这样解读："'一线'放开，本质是让海南与全球市场更紧密地连接，让资本、技术、人才等优质要素愿意来、进得快，也让海南的 企业和产品更便捷地拥抱世界。" 开放，既是为了更好地"引进来"，也是为了更高水平地"走出去"。在海口国家高新区，椰彩食品的厂房外，满载椰子产品的货车正整装待发，目的地是东 南亚——全球椰子主产区。把椰子产品卖回盛产椰子的地方，靠的是工艺标准，更靠自贸港的政策红利。依 ...

格隆汇2月27日丨密封科技(301020.SZ)在投资者互动平台表示，公司目前没有核电领域的客户。康明斯 的发动机产品使用领域较广，包括各类车用发动机、电力发动机等，随着其业务规模的扩大，对公司密 封产品的需求量会增加。 ...

每经AI快讯，密封科技（301020.SZ）2月27日在投资者互动平台表示，康明斯为我司的重要客户，其主 要产品——发动机的使用领域较广，包括各类车用发动机、电力发动机等，涉及的发动机都会用到密封 产品，但因为终端客户信息、数量等涉及商业保密，公司不便披露客户在不同产品中的应用占比。 （文章来源：每日经济新闻） ...

声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 2026年2月26日，动力新科（sh600841）触及涨停，涨停价11.14元，涨幅9.97%，总市值154.60亿元，流 通市值116.19亿元，截止发稿，总成交额5.58亿元。 根据喜娜AI异动分析，动力新科涨停原因可能如下，新能源业务+子公司重整+发动机增长： 1、公司处 于战略转型期，新设新能源技术部和数智业务部，专注电池PACK、电驱桥及混动业务，顺应行业发展 趋势。同时，子公司上汽红岩重整完成，带来一次性收益27.52 - 28.52亿元，优化了财务结构。 2、行 业方面，新能源汽车与数智化是当前热门发展方向，相关企业易受市场关注。发动机业务作为公司核 心，销量同比增长18.69% - 2 ...

2月26日，潍柴重机涨5.18%，截至发稿，报36.35元/股，成交4.50亿元，换手率5.63%，总市值168.61亿 元。 截至发稿，包佳敏累计任职时间1年360天，现任基金资产总规模5.45亿元，任职期间最佳基金回报 64.75%， 任职期间最差基金回报-1.11%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本 文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 责任编辑：小浪快报 数据显示，湘财基金旗下1只基金重仓潍柴重机。湘财长顺混合发起式A（007012）四季度持有股数11.4 万股，占基金净值比例为3.05%，位居第十大重仓股。根据测算，今日浮盈赚取约20.41万元。 湘财长顺混合发起式A（007012）成立日期2019年3月28日，最新规模6851.84万。今年以来收益 12.62%，同类排名1421/8887；近一年收益35.63%，同类排名2688/8134；成立以来收益105.6%。 湘财长顺混合发起式A（007012）基金经理为包佳敏。 资料显示，潍柴重机 ...

空客预计2026年交付量为870架，原因是RTX旗下普惠公司的发动机严重受限。该公司公布的2025财年 调整后息税前利润为71亿欧元。 责任编辑：张俊 SF065 责任编辑：张俊 SF065 空客预计2026年交付量为870架，原因是RTX旗下普惠公司的发动机严重受限。该公司公布的2025财年 调整后息税前利润为71亿欧元。 ...

最被看好的越南，这些年确实接了不少来自中国的订单，苹果、三星都在那建了工厂，出口额也一路上涨。可美国人慢慢发现，越南根本撑不起大规模工业 化的架子。这个国家太小，能源和土地都不够用，一到枯水期就限电，2023年一次电力短缺，就让好几家外资工厂停摆，芯片交付延误了好几周；更关键的 是，越南没有完整的产业链，生产手机、家电的核心零部件，比如芯片、屏幕、电池，还是得从中国进口，说白了就是个"组装厂"，根本算不上真正的工业 化国家。 刚开始，美国上下都信心满满，觉得只要加征关税、施压企业，制造业转移就是顺理成章的事。毕竟在他们眼里，中国能成为"世界工厂"，靠的不过是廉价 劳动力，只要把订单转移到其他劳动力更便宜的国家，就能轻松复制第二个、第三个"中国"。可现实狠狠打了他们的脸，那些被寄予厚望的"接盘国"，一个 个都掉了链子。 再看印度，有着14亿人口，按理说劳动力资源比中国还充足，美国企业也扎堆去那投资，富士康就花了大价钱在印度建工厂。可实际情况却是，工厂建了好 几年，产能始终上不去，土地征用要扯皮、工会纠纷不断，工人的纪律性和协作能力也跟不上，很多精密零部件根本生产不出来。富士康为了保证生产，只 能靠柴油发电机供电 ...

Honeywell International FY Conference Summary Company Overview - **Company**: Honeywell International (NasdaqGS: HON) - **Date of Conference**: February 17, 2026 Key Industry Insights Aerospace Demand - Aerospace demand remains very strong, with expectations for another robust year in 2026 [2][11] - The company has seen a consistent double-digit growth in aerospace volume for 15 consecutive quarters [70] Industrial Automation - North America is performing exceptionally well in industrial automation, while Europe and China show flat to slightly negative trends [2][7] - The industrial automation business is increasingly focused on sensing and measurement, which is linked to local economic conditions [6][7] Process Markets - The process markets are expected to experience flat growth due to overcapacity and cautious customer investment [3][9] - LNG and refining sectors show high demand, but excess capacity in petrochemicals is hindering investment [9] Building Automation - Demand for building automation remains strong, with a focus on high-growth end markets such as data centers, hospitality, hospitals, and clean tech [45][46][47] Financial Performance and Projections Revenue Growth - Honeywell projects a revenue growth of 3%-6% for 2026, with expectations for stronger performance in the second half of the year due to a higher backlog [14][15] - The backlog in process automation and technology is up double-digit, indicating potential revenue uplift in the latter half of the year [11] Cost and Pricing Environment - The industrial economy is experiencing high inflation, with price increases of 3%-4% expected to continue [17][18] - Honeywell is adapting its pricing strategy to manage inflation, focusing on productivity and new product development to maintain margins [21][22] R&D Investment - Honeywell's R&D spending is at or above the median of the industry, with a focus on spending wisely to ensure effective outcomes [25][26] Strategic Focus Areas Mergers and Acquisitions - Near-term focus is on debt retirement to maintain an investment-grade rating, with potential for bolt-on acquisitions in automation post-spin [39][40] - The company aims to create a new category in industrial automation, leveraging its existing $4 billion sensing and measurement business [41] Margin Expansion - Honeywell aims for high single-digit earnings growth and a margin expansion of 30-50 basis points annually [34][35] - Factors contributing to margin improvement include normalization of OE mix, resolution of integration costs from past acquisitions, and reduced supply chain costs [52][54] Challenges and Risks - The company faces challenges in passing through costs due to long-term contracts in the aerospace sector, with significant impacts expected from contract renewals in 2027 [56][58] - Stranded costs from the upcoming spin-off are anticipated to be in line with market standards, with a focus on managing these effectively [59][60] Conclusion Honeywell International is positioned for growth in 2026, driven by strong demand in aerospace and building automation, while facing challenges in industrial automation and process markets. The company is strategically focused on managing costs, enhancing productivity, and pursuing targeted acquisitions to strengthen its market position.

Core Insights - GE Aviation's business trajectory in China over the past two decades reflects the evolution of Sino-U.S. economic and industrial cooperation, transitioning from engine and maintenance services to involvement in domestic aircraft projects like ARJ21 and C919, and establishing joint ventures with local partners [1] - The 20th anniversary of the China-U.S. Enterprise Cooperation Project (CMP) serves as a platform for enhancing dialogue and collaboration between the two countries, with high expectations expressed by business leaders for strengthened cooperation this year [1] - The CMP has facilitated over 3000 companies from both nations through numerous events, highlighting the rapid development and upgrading of Sino-U.S. economic and trade relations over the past two decades [1] Trade Growth - The total trade volume between China and the U.S. increased from $211.6 billion in 2005 to $688.3 billion in 2024, marking significant growth [2] - U.S. exports to China reached $143.55 billion in 2024, a 648.4% increase from $19.18 billion in 2001, significantly outpacing the overall U.S. export growth of 183.1% during the same period [2] - Service trade between the two countries expanded from $8.95 billion in 2001 to $66.86 billion in 2023, reflecting a sixfold increase [2] Emerging Cooperation Areas - The CMP is focusing on expanding cooperation in emerging fields such as green technology, low-carbon initiatives, rail transportation, and financial investment [5] - Chinese companies are actively exploring global opportunities in clean fuel and green technology, indicating a shift towards international promotion of these sectors [3] Foundation of Cooperation - The foundation of Sino-U.S. relations is rooted in strong grassroots exchanges, with the CMP serving as a significant platform for enhancing cooperation between businesses [6] - The American Chamber of Commerce in China reports that 52% of surveyed companies still view China as one of the top three investment destinations globally, indicating continued interest in the Chinese market [7] Future Directions - Looking ahead, the CMP aims to enhance service efficiency and facilitate deeper cooperation in industrial and supply chains, with plans for high-profile economic activities and events [10] - The fourth Chain Expo in Beijing is set to further strengthen Sino-U.S. collaboration through this platform [10]

（编辑 袁冠琳） 证券日报网讯 2月13日，全柴动力在互动平台回答投资者提问时表示，公司将继续深耕发动机主业，不 断加快技术升级，丰富产品结构，提高产品质量，进一步抢占产品市场，提升市场份额，同时加快混合 动力、增程、氢燃料电池、气体机、电驱桥等新能源产品的开发和推广，持续推动公司健康发展。 ...