注：净利润为扣非归母净利润 文/飞云 3月4日，珠海锐翔智能科技股份有限公司IPO申请获得北交所上市委审核通过。 单位：万元 | | 北交所 | | | | | --- | --- | --- | --- | --- | | 公司简称 | 2024年营收 主营业务 | 2024年净利润 | 审核结果 | 保荐/律所/审计 | | 锐翔智能 | 智能制造装备研发设 54,546.74 计、生产和销售 | 11,727.55 | 通过 | 国泰海通/锦天城/ 大衡 | 的股份，并通过锐翔产业、弦山控股等主体间接控制 49.68% 的股份，合计控制公司 54.57% 的股 份，担任公司董事长、总经理。 三、报告期业绩 报告期内，公司营业收入分别为 31,076.88 万元、41,007.70 万元、54,546.74 万元和 26,516.82 万元；扣非归母净利润分别为 5,022.65 万元、9,074.48 万元、11,727.55 万元和 5,724.23 万元。 | 项目 | 2025年6月30日 | 2024年12月31日 | 2023年12月31日 | 2022年12月31日 | | --- | -- ...

本次冲击上市，锐翔智能拟募集资金约为4.82亿元，扣除发行费用后，将投资于智能制造基地建设项 目、研发中心建设项目、补充流动资金。 北京商报讯（记者 马换换 李佳雪）根据安排，北交所上市委员会定于3月4日召开2026年第18次审议会 议，审核珠海锐翔智能科技股份有限公司（以下简称"锐翔智能"）首发事项。 据悉，锐翔智能是一家专业从事智能制造装备的研发设计、生产和销售的高新技术企业。公司IPO于 2025年6月30日获得受理，并于当年7月24日进入问询阶段。 ...

Group 1 - The "Walsh trade" is impacting risk preferences, with a notable focus on the potential reversal of the "weak dollar" trade, which could significantly affect global asset allocation and market styles [11][12] - The North Exchange 50 index experienced a decline of 3.59%, while daily trading volume saw a slight increase [11][17] - Key sectors that performed well this week include space photovoltaic, seed industry, non-ferrous metals, and optical communication, with notable stock performances from companies like Liancheng CNC and Gongbika [11][12] Group 2 - New stock issuances have accelerated, with five new stocks launched in January 2026, and over 120 companies releasing performance forecasts [13][27] - As of January 30, 2026, 123 companies on the North Exchange have issued performance forecasts, with a median net profit forecast exceeding 80 million yuan [13] - The report suggests that the North Exchange needs to expand its number of companies and improve the quality of new stock issuances in 2026 [13] Group 3 - The North Exchange's PE (TTM) average is 83.89 times, with a median of 41.26 times, indicating a decline in valuation metrics [23][24] - The trading volume for the North Exchange reached 5.961 billion shares, with a trading value of 143.655 billion yuan, reflecting an increase of 9.27% and 8.82% respectively [26][29] - The report highlights the performance of individual stocks, with 43 stocks rising and 249 falling, resulting in a rise-to-fall ratio of 0.17 [36]

Group 1 - The core viewpoint of the news is that Beijing's "14th Five-Year Plan" aims to actively serve and integrate into the new development pattern, promoting sustained and healthy economic development through key tasks such as strengthening industrial foundations, expanding domestic demand, and deepening reform and opening up [1] Group 2 - The plan emphasizes the implementation of a strategy to expand domestic demand as a key support for promoting economic circulation, aiming to create a more vibrant domestic demand system [2] - Beijing plans to build 2-3 new consumption landmarks with a scale of 100 billion, focusing on the integration of culture, commerce, tourism, and sports [2] - The development of consumption aggregation areas will include major projects like Universal Studios and the Beijing Olympic Center, enhancing the attractiveness of these areas [2] Group 3 - Investment is targeted to maintain an annual scale of 1 trillion, with a focus on stimulating investment in technology innovation, emerging industries, and urban renewal [3] - The plan outlines the need to increase investment in technology innovation and emerging industries, with a goal for innovation and industrial investment to account for 25%-30% [3] - Infrastructure investment is also prioritized, with a focus on major projects in transportation, energy, and disaster prevention, aiming for infrastructure investment to maintain a 20% share [3] Group 4 - The plan aims to build a more competitive modern industrial system, emphasizing the dual leadership of the digital economy and green economy [4] - The development of new trillion-level clusters will focus on artificial intelligence and green advanced energy, with a goal for the penetration rate of intelligent terminals to exceed 90% by 2030 [4] Group 5 - The plan highlights the importance of developing a highland for green advanced energy and low-carbon environmental protection industries, focusing on new energy storage and hydrogen energy [5] - The strategy includes enhancing the international influence of low-carbon environmental protection industries through intelligent monitoring and resource recycling [5]

Core Viewpoint - The Ministry of Industry and Information Technology (MIIT) of China is promoting the development of leading smart factories to enhance the country's manufacturing competitiveness and support the digital transformation of the global manufacturing industry [1][6]. Group 1: Development of Smart Factories - Over 35,000 basic-level, more than 8,200 advanced-level, and over 500 excellent-level smart factories have been established, along with 15 leading smart factories [4]. - The first batch of 15 leading smart factories showcased their advancements at the 2025 World Intelligent Manufacturing Conference, achieving an average production efficiency increase of 29% and a reduction in product defect rates by 47% [5]. - The leading smart factories have integrated artificial intelligence into over 70% of their business scenarios, creating over 6,000 vertical domain models and facilitating the large-scale application of more than 1,700 key intelligent manufacturing equipment and industrial software [5]. Group 2: Strategic Initiatives - The MIIT, in collaboration with several government departments, aims to cultivate a batch of leading smart factories that represent the highest level of global intelligent manufacturing, serving as a model for the overall upgrade of China's manufacturing industry [6]. - A four-tier system for smart factory cultivation has been initiated, focusing on basic, advanced, excellent, and leading levels, with specific requirements for AI application scenarios [7]. - The MIIT plans to continue implementing intelligent manufacturing projects and support leading enterprises in exploring future manufacturing models, which will help overcome bottlenecks in high-end and intelligent development in the manufacturing sector [8].

Core Viewpoint - The establishment of leading smart factories is a strategic initiative by China to seize opportunities in industrial intelligence development and build future manufacturing competitive advantages [1][2] Group 1: Development of Leading Smart Factories - The Ministry of Industry and Information Technology (MIIT) will collaborate with multiple departments to promote the development of leading smart factories starting in 2025, with the first batch of 15 factories showcased at the 2025 World Intelligent Manufacturing Conference [1] - Leading smart factories meet high efficiency, precision, flexibility, and quality production requirements, setting transformation benchmarks for their respective industries [1] - Average production efficiency has increased by 29%, and product defect rates have decreased by 47% due to the transformations in these factories [1] Group 2: Integration of Artificial Intelligence - Over 70% of business scenarios in leading smart factories have integrated artificial intelligence, resulting in the accumulation of over 6,000 vertical domain models [1] - The application of more than 1,700 key intelligent manufacturing equipment and industrial software has led to the formation of industrial intelligent entities capable of perception, decision-making, and execution [1] Group 3: Value Creation and Industry Collaboration - Leading smart factories not only provide high-end products but also extend to scalable customization, industry chain collaboration, and predictive maintenance, transforming from "product manufacturers" to comprehensive providers of "products + services + solutions" [2] - These factories have facilitated the collaborative upgrade of over 1,300 upstream and downstream enterprises, promoting an overall upgrade of the industry chain towards high-end [2] Group 4: Future Plans and Global Impact - The MIIT will continue to cultivate smart factories in a gradient manner, supporting leading enterprises to explore future manufacturing models and nurturing more leading smart factories to drive overall industry transformation [2] - The aim is to summarize best practices and create replicable technical guidelines, standards, and solutions to share across the industry, positioning leading smart factories as sources of technology, standards, and rules, and accelerating their promotion overseas [2]

美德乐明日开启申购，发行代码为920119，本次发行价格41.88元 ，发行市盈率为14.99倍，单一账户申 购上限为72.00万股。本次公开发行数量1600.00万股，发行后总股本为7212.33万股，网上发行量为 1440.00万股。本次发行战略配售股份合计160.00万股，占初始发行规模的10.00%。 本次发行预计募集资金总额6.70亿元。募集资金主要投向高端智能化输送系统研发生产项目、美德乐华 南智能输送设备研发生产项目、华东工业自动化输送设备生产及研发项目、大连美德乐四期建设项目。 公司主营业务为智能制造装备的研发、设计、制造和销售。（数据宝） 新股申购信息 | 财务指标/时间 | 2024年 | 2023年 | 2022年 | | --- | --- | --- | --- | | 总资产（万元） | 205123.21 | 205933.07 | 206327.76 | | 净资产（万元） | 98641.51 | 79892.45 | 61127.33 | | 营业收入（万元） | 113772.46 | 100923.81 | 103123.56 | | 归属母公司股东的净利润（万元） | ...

2026年广州市政府工作报告首次将"深入挖掘内外需潜力"置于首位。专家指出，将"深入挖掘内外需潜 力"置于首位，是广州落实"双循环"的重要举措，有助于广州打造国内大循环的中心节点城市、巩固国 际商贸中心地位。 "国际化消费环境建设""打造'广货优品 广贸全球'外贸城市IP""拓展中间品贸易"首次写入广州市政府工 作报告，则标志着广州将过境客流转化为消费增量，推动对外贸易从传统的产品出口，向全球供应链高 附加值环节转变的决心。 将"深入挖掘内外需潜力"置于首位 旨在扩内需强市场、扩开放强枢纽 2026年政府工作报告首次将"深入挖掘内外需潜力"置于首位。有何深意？ 在广州市社会科学院经济研究所副所长伍晶看来，这是广州在新时代背景下实现高质量发展、突破经济 增长瓶颈的关键所在，有助于广州打造国内大循环的中心节点城市、巩固国际商贸中心地位。 广州市社会科学院国际商贸研究所研究员揭昊也认为，这是落实"双循环"的重要举措，旨在扩内需强市 场、扩开放强枢纽，将广州建设成为国内大循环的重要节点和国内国际双循环的战略链接地，更好发挥 经济大市挑大梁作用。 广州力促过境客流转化为消费增量 2025年，广州首家市内免税店在广州友谊 ...

Core Viewpoint - The article discusses the implementation of a new regulatory framework for government investment funds in China, aimed at optimizing their layout and guiding investment directions to support national strategies and industrial upgrades [2][3][4]. Group 1: Government Investment Fund Overview - Government investment funds are established by various levels of government to guide social capital in supporting industry development and innovation through market-oriented methods such as equity investment [2][12]. - The new framework includes a systematic approach to fund layout and investment direction, marking the first national-level regulation of government investment funds [2][4]. Group 2: Supported Investment Areas - The framework identifies key investment areas, including: - Emerging and future industries such as information technology, new energy, advanced manufacturing, and artificial intelligence [2][3]. - Upgrading traditional industries and supporting high-quality development in manufacturing [3][4]. - Promoting the digital economy through initiatives like "AI+" and the application of 5G technology [3][4]. Group 3: Policy Measures - The framework outlines 14 policy measures focusing on three main aspects: where to invest, how to invest, and who manages the funds [3][4]. - It emphasizes early, small, long-term investments in hard technology and aims to prevent homogeneous competition and crowding out of social capital [11][12]. Group 4: Evaluation Management - An evaluation management method has been established to assess the investment direction of government funds, focusing on compliance with national planning and industry directories [4][5]. - The evaluation system includes three main indicators: policy compliance (60% weight), optimization of productivity layout (30% weight), and policy execution capability (10% weight) [6][7]. Group 5: Specific Evaluation Indicators - The evaluation indicators cover aspects such as support for new productivity, technology innovation, green development, and the promotion of private investment [29][33]. - Specific metrics include the proportion of investments in encouraged industries, the effectiveness of fund management, and the impact on social welfare [29][33][40].

Group 1 - The company is currently focusing on industrial robots and smart manufacturing equipment [1] - In the field of artificial intelligence, the company is investing in research and development around AI large models and intelligent visual perception [1] - The company is actively exploring the application of embodied intelligence in industrial manufacturing and social services [1]