Market Overview - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index rose 0.98% to 12813.21. The ChiNext Index increased by 1.98% to 2993.45, indicating a strong performance in the innovation growth sector [1][8][9]. Economic Data - In September, China's retail sales of consumer goods reached 419.71 billion yuan, growing by 3.0% year-on-year, slightly below the expected 3.1% [17]. - Fixed asset investment from January to September decreased by 0.5% year-on-year, totaling 3715.35 billion yuan, with private investment down by 3.1% [19]. - The industrial added value for September increased by 6.5% year-on-year, with a total growth of 6.2% for the first three quarters [21]. - China's GDP for the first three quarters grew by 5.2% year-on-year, amounting to 101503.6 billion yuan [23]. Industry Dynamics - The pork production in China for the first three quarters of 2025 increased by 3.0% year-on-year, with a total output of 4.368 million tons [29]. - Major state-owned banks are participating in the reform of rural financial systems, which may enhance their market share and stabilize regional financial conditions [30]. - The scale of bank wealth management products decreased at the end of the third quarter, with 13 out of 14 major wealth management companies reporting a total reduction of approximately 870 billion yuan [33]. Company Updates - Zai Jian Pharmaceutical (688266.SH) announced that its drug, JAK inhibitor, achieved significant efficacy in a Phase III clinical trial for treating active ankylosing spondylitis, indicating a potential market entry [37]. - Keli'er (002892.SZ) received a foreign invention patent for a new type of brushless high-speed motor, enhancing its intellectual property protection and market competitiveness [41].

本申请提供一种新型无刷高速电机，通过一体的外壳与风道分体式固定在内孔柱外侧设计，风道与外壳 的材质为 BMC，内孔柱材质为金属，两部分组合在一起且设计成不同材料，可以有效地起到缓冲降低 电机的共振点，降低电机高速转动带来的噪声；另外，机壳分体式设计，风道、外壳直接在内孔柱外侧 BMC注塑成型固定，降低加工工艺，机壳毛刺少，改善电机声音；定子包封外侧设置一根接地柱导通 接地，这样不仅装配起来更加方便，也不会影响电机出风；弹性波垫代替弹簧调节径向游隙，多层弹性 波垫每层单独设计弹性波垫，使用寿命更长，无需工装夹具，单片直接套设安装更加简单，且弹性波垫 单片设计减少弹簧圈应力错位等造成异音、杂音的问题。 格隆汇10月17日丨科力尔(002892.SZ)公布，公司的控股孙公司深圳市科力尔智能控制技术有限公司近 日取得美国专利商标局（United States Patent andTrademark Office）颁发的发明专利证书，专利名称 BRUSHLESSHIGHSPEEDMOTOR 一种新型无刷高速电机，专利号US12,444,999B2。 ...

Core Viewpoint - The company has recently obtained a patent for a new type of brushless high-speed motor, which is expected to enhance its technological capabilities and market competitiveness [1] Group 1: Patent Details - The patent is titled "BRUSHLESS HIGH SPEED MOTOR" with the patent number US12,444,999B2 [1] - The design features a unique combination of materials, with the outer shell and airflow duct made of BMC and the inner column made of metal, aimed at reducing resonance and noise during high-speed operation [1] - The motor's shell is designed to be modular, which simplifies the manufacturing process and reduces burrs, thereby improving sound quality [1] Group 2: Technical Innovations - The design includes a grounding post that facilitates easier assembly without affecting airflow [1] - The use of elastic wave pads instead of springs for adjusting radial clearance enhances durability and simplifies installation, while also minimizing noise issues caused by stress misalignment [1]