转自：新华财经 新华财经杭州12月30日电 岁末寒意浓，奋进热潮涌。走进浙江余杭经济开发区（以下简称 "余杭经济开发区"），目之所及皆是热火朝天的实干场景，处处 激荡着"抢时间、拼效率、赶进度"的干劲。 今年1至11 月，余杭经济开发区实现规上工业总产值 203.37 亿元，同比增长 6.3%；完成固定资产投资 61.93 亿元，同比增长 47.7%。亮眼数据背后，是余杭 经济开发区实干担当，锚定招商引资、产业提质、项目建设三大赛道，凝心聚力、协同发力促进高质量发展的生动实践。 图为余杭经济开发区核心区 靶向发力蓄动能 引资引智双提升 "每一次精准对接、每一场深度洽谈，都是为区域发展积蓄长远后劲。"余杭经济开发区招商负责人表示。 马不停蹄赴北京、上海、江苏等地开展精准考察，深入产业园区、龙头企业实地调研，挖掘合作机遇；积极参与阿里巴巴双创大赛等平台路演，对接优质项 目团队；举办第四届（2025）智能制造生态合作大会，推动一批智能制造项目落户……一系列密集动作，彰显了余杭经济开发区"靶向招引、全员参与、重 点突破"招商模式的持续发力。 以章天智能物流系统项目为例，在余杭经济开发区的全程帮扶下，该项目成功获评 2 ...

智通财经APP获悉，中信建投发布研报称，我国高度重视发展低空经济，将其作为国家战略新兴产业。 低空经济正处于规模化发展的关键窗口期，需以政策体系为引领、基础设施为根基、飞行器技术为引 擎、行业应用为场景驱动，形成"开放空域、智慧基建、创新装备、融合生态"的良性循环。未来3-5 年，随着适航认证突破、试点场景常态化及基础设施的完善，低空经济产业有望实现良好增长。 低空经济产业链主要涵盖上游的原材料与核心零部件、中游的飞行器制造与地面系统，以及下游多元化 的应用场景。上游环节包括电池、电机、电控系统等关键部件的研发与生产;中游则以无人机、eVTOL 等低空飞行器的制造为核心，并对地面基础设施及信息化系统提出了更高的要求;下游则广泛渗透至物 流、通勤、文旅、农业、测绘、应急等多个应用领域。 我国低空经济处于规模化发展的关键窗口期 低空经济作为国家战略性新兴产业，需强化政策体系的系统性与前瞻性，破解空域管理碎片化、审批效 率需提高等核心矛盾。低空经济基础设施建设层面，需要加速硬基础设施网络布局、推进低空数字基础 设施与智慧化管理等。以eVTOL为核心的新型飞行器作为行业发展的关键载体，需突破技术壁垒、完 善产业链并加 ...

12月19日，中原内配发布公告，宣布公司控股子公司中原内配（上海）电子科技有限公司（以下简称"上海子公司"）于2025年12月19日与宁波普智未来机器 人有限公司（以下简称"宁波普智公司"）签署《战略合作框架协议》，双方就人形机器人相关业务达成长期战略合作意向。 公告显示，上海子公司为中原内配持股71.3%的控股子公司，成立于2016年12月，注册资本9777.7778万元，专注于汽车电子零配件、电控系统等领域的技术 开发与销售，在汽车电控执行器领域深耕多年，产品具备体积小、重量轻、响应快、集成度高的核心优势，国内市场占有率领先，技术实力通过国际主流供 应链验证，积累了深厚的技术沉淀与行业口碑。 · 产品与应用合作：上海子公司在展厅、数采、工厂清洁、生产检测等业务场景中，享有宁波普智公司人形机器人本体的优先采购权，并将根据需求合理部 署应用；相关产品型号、数量、安装调试、售后服务等事宜将通过专项合同约定。 · 技术与品牌合作：双方建立定期技术交流机制，共同探讨人形机器人前沿技术、行业发展趋势及潜在合作研发项目，共享非涉密技术信息；同时在市场推 广、品牌宣传、展会参与等方面相互支持，具体合作形式另行协商。 中原 ...

证券日报网讯 12月11日，天润工业在互动平台回答投资者提问时表示，公司近年来在传统主业保持稳 健的同时，正积极推进空气悬架、电控系统等新业务转型，公司经营状况良好，资产负债结构健康。二 级市场股价波动受到多种因素影响，公司将继续做好经营管理工作，努力开拓新业务，争取创造更好的 业绩回报投资者，同时公司将加强与资本市场的沟通交流，积极传递公司的内在价值。 （文章来源：证券日报） ...

2016年押注新能源车，没人敢肯定能成，威马突然倒下，汇川一下子亏了三亿，别人都想撤，只有朱兴明没动，两年后理想火了，汇川的V6S电机转速飙到 两万一千转，成了国产电驱里真能打的，现在每三台国产新能源车，就有一台用着汇川的电控系统。 2025年的深圳，汇川技术市值冲到一千六百亿，他们做的电机跑在小米、理想这些车里，没人想到这公司原来是华为扔掉的项目，2001年华为卖了安圣电 气，裁掉的员工朱兴明带着十九个人，硬是在工业自动化里拼出了一条路。 被艾默生收购后，朱兴明拿了赔偿金，转身自己干，那时候中国工厂里的变频器、伺服电机，基本全靠西门子、安川这些外国货，一台电梯控制器卖好几 万，汇川团队从电梯入手，把价格压到外资的一半，靠着深圳那边的供应链，2007年赚到了第一个五千万。 2010年上市后，汇川砸了几亿搞伺服系统，结果大败，实验室里七成产品被退回来，技术团队差点散了，朱兴明把公司利润全押上，派人蹲在德国西门子研 发中心门口求教，最后把欧洲的算法和中国的产线拼在一起，伺服市场就做成了国内第一。 但不是每个决定都对，2016年汇川放弃光伏逆变器，结果错过了和华为一起拼的机会，朱兴明后来复盘说，当时觉得光伏赚不了多 ...

Core Insights - The Chinese new energy vehicle (NEV) market continues to experience rapid growth, with a production volume of 12.672 million units from January to October 2025, representing a year-on-year increase of 28.1% and a cumulative penetration rate of 46.4% [2] Market Trends - The NEV market is driven by policy support, product innovation, and export growth, contributing to a high-quality development trajectory [2] - As of September 2025, the market share of cars (CAR) is 45.1%, down 1.7 percentage points year-on-year, while SUVs and MPVs account for 43.9% and 3.6%, respectively [3] Battery Installation Trends - The installed capacity of power batteries for NEVs reached 73.7 GWh in September 2025, marking a year-on-year growth of 39.9% [4] - The average battery capacity per vehicle is 53.0 kWh, up 17.3% year-on-year [4] Battery Market Structure - In the battery cell shape distribution, square cells dominate with a 98.6% share, while cylindrical and pouch cells account for 1.0% and 0.4%, respectively [5] - Lithium iron phosphate (LFP) continues to gain market share due to its safety, cost, and longevity advantages [5] Battery Supplier Dynamics - The top three battery manufacturers hold a market share of 72.2%, with CATL leading at 42.1% [6] - Companies like Contemporary Amperex Technology Co., Limited (CATL) and others have shown significant year-on-year growth, with increases of 102.0% and 143.2% for specific firms [6] Electric Motor Supplier Trends - The top ten electric motor suppliers account for 62.7% of the market share, with all companies in this group showing a month-on-month increase in supply [7] - Notable growth has been observed for companies like Saike Technology and Grebo, attributed to high sales volumes from brands like Wuling and Geely [7] Control System Supplier Insights - The top ten electronic control suppliers hold a combined market share of 67.8%, with some companies experiencing a decline in supply [8] - Huawei's supply is concentrated, with a significant share coming from the Seres brand [8] Sodium-Ion Battery Development - Sodium-ion battery technology is rapidly advancing, with key advantages in low-temperature performance, fast charging, and safety [9] - Applications for sodium-ion batteries include home energy storage, large-scale power stations, and electric vehicles, although challenges remain in energy density and lifecycle [9]

Core Viewpoint - The Jiangsu Province Innovation Center for New Energy Commercial Vehicle Power and Control Systems has been approved, focusing on high-quality development in the new energy commercial vehicle industry [1] Group 1: Innovation Center Overview - The center is led by Xuzhou Xugong Automobile Manufacturing Co., Ltd. and operates under a "company + alliance" model [1] - It is supported by Jiangsu Guo Chuang New Energy Commercial Vehicle Innovation Technology Co., Ltd. and has established a strategic alliance for technological innovation in the new energy commercial vehicle sector [1] Group 2: Focus Areas and Objectives - The center will concentrate on core aspects of power and control systems for new energy commercial vehicles, addressing critical issues such as high-power electric drive systems, electronic control systems, thermal management systems, and intelligent drive-by-wire chassis [1] - The initiative aims to gather resources for research and development to tackle these pressing industry challenges [1]

Group 1 - The 2025 World Intelligent Connected Vehicle Conference was held in Beijing, focusing on the collaborative development of the Beijing-Tianjin-Hebei region in the intelligent connected vehicle industry [1] - Representatives from major companies like BAIC, Li Auto, and Xiaomi presented their supply chain goals and engaged in cooperation discussions with well-known automotive parts manufacturers [1] - Component companies highlighted the favorable business environment and professional services available in the Beijing-Tianjin-Hebei intelligent connected vehicle technology ecosystem [1] Group 2 - A total of 12 high-quality projects were signed in the ecological parks of Shunyi, Wuqing, and Langfang, enhancing the region's capabilities in key areas such as vehicle chips, intelligent cockpits, and electronic control systems [2] - Beijing E-Town Investment Holding Co. and the Zhongguancun Beijing-Tianjin-Hebei New Energy Vehicle Collaborative Development Promotion Association reached a significant cooperation agreement to establish a 1 billion yuan industry fund for the next generation of intelligent connected vehicles and robotics [2] - The conference demonstrated the strong momentum of collaboration among government, industry, and finance in the Beijing-Tianjin-Hebei region to create a new model of productive development in the intelligent connected vehicle sector [2][3] Group 3 - The conference represents an important practice for the three regions to implement national strategic deployments in the field of intelligent connected new energy vehicles, promoting policy coordination, industrial chain collaboration, and innovation synergy [3] - The Beijing-Tianjin-Hebei region is accelerating the creation of an open, collaborative, and resilient industrial ecosystem to support the development of a globally influential intelligent connected new energy vehicle industry cluster [3]

Core Viewpoint - The article highlights the significant growth and structural changes in China's new energy vehicle (NEV) market, driven by policy support, consumer acceptance, and technological advancements in battery systems [5][7]. Group 1: Market Trends - In the first eight months of 2025, China's NEV production reached 9.382 million units, marking a year-on-year increase of 31.4%, with a cumulative penetration rate of 45.0% [5]. - The market structure shows that in August 2025, the share of cars (CAR) was 45.1%, down 2 percentage points from the previous year, while SUVs and MPVs accounted for 44.1% and 3.6%, respectively [11]. - The commercial vehicle segment, particularly trucks, has seen a significant increase in market share, driven by policy support and improvements in battery range [11]. Group 2: Battery Technology and Market - In August 2025, the installed capacity of NEV power batteries reached 60.9 GWh, a year-on-year increase of 29.8%, with a growth rate of 39.9% in the first eight months [17]. - The average battery capacity per vehicle was 51.6 kWh, reflecting a year-on-year increase of 17.0% [17]. - The market share of square battery cells was 98.6%, while lithium iron phosphate (LFP) batteries continued to gain traction due to their safety and cost advantages [18]. Group 3: Key Players in Battery Supply - The top three battery manufacturers held a market share of 74.2%, with CATL leading at 42.8% [20]. - BYD, Tesla, and Xiaomi were identified as the main contributors to the installed capacity of power batteries [17]. - The growth rates for companies like Xinwanda and Ruipu Lanjun were notably high, at 108.1% and 86.1%, respectively [20]. Group 4: Electric Motor Supply - In August 2025, the top ten electric motor suppliers accounted for 62.4% of the market share, with several companies experiencing a month-on-month increase in supply [23]. - Companies like Huichuan United Power and Huawei faced declines in supply due to reduced sales from specific vehicle brands [23]. Group 5: Solid-State Battery Development - Solid-state batteries are advancing rapidly, with various electrolyte types being explored, including sulfide, oxide, polymer, and composite electrolytes [35]. - The core advantages of solid-state batteries include high safety, high energy density, and improved performance metrics compared to liquid batteries [37]. - The global market for solid-state batteries is projected to reach 614 GWh by 2030, with a market size of 250 billion yuan and a penetration rate of 10% [39].

Core Insights - On August 16, 2023, Seres Group announced that its subsidiary, Seres Automotive, acquired a 48.54% stake in its subsidiary, Jinkang Power, from the minority shareholder, Science City Urban Operation Group, for 663 million yuan [2] - Following this transaction, Seres Automotive's ownership in Jinkang Power increased from 51.46% to 100% [2] - Jinkang Power, established on January 5, 2018, has a registered capital of 1.03 billion yuan and specializes in providing solutions for electric vehicle power systems, focusing on electric motors and electronic control systems [2] Company Overview - Jinkang Power has significant technological expertise and research capabilities in the core components of electric vehicles, with leading self-developed motor and electronic control technologies [2] - The company has established 22 production lines for motor manufacturing and 6 production lines for electronic control manufacturing, with an annual production capacity of 1 million complete vehicle powertrains [2] - For the fiscal year 2024, Jinkang Power's revenue is primarily expected to come from its subsidiary, Chongqing Wanjie Automotive Sales Co., Ltd., with projected sales of 40.871 billion yuan from complete vehicles and auto parts [2] Strategic Implications - The acquisition is expected to enhance the overall operational decision-making efficiency of the company and improve synergies between subsidiaries, maximizing operational effectiveness and shareholder value [2] - This transaction will strengthen the company's research and development capabilities in the electric vehicle sector, enhancing its competitive advantages and helping achieve overall business objectives [2]