Group 1 - The city is focusing on the "876" innovation-led project and the key demands of the "Four Groups and Eight Chains" industries to accelerate the deep integration of technological and industrial innovation [1] - In the past three years, the city has established 153 forward-looking industrial projects, with 103 projects in collaboration with local universities, accounting for 67.32% [1] - The city has received 94 provincial science and technology awards in the last three years, with 59 applications submitted in collaboration with local universities, representing 62.77% [1] Group 2 - The city is enhancing industry-academia-research cooperation by facilitating the last mile of collaboration between universities and enterprises, organizing 280 key enterprises to engage with local universities, resulting in over 100 collaborative projects [2] - The "reveal the list and take the lead" system has been improved, with 150 major technical demands published in recent years, helping 107 technical challenges achieve breakthroughs [2]

新华财经北京6月17日电（记者刘玉龙）面对低空经济万亿级蓝海，多个省市已经制定行动方案，通过专项政策、产业基金、应用试点等组合拳，着力将低 空空域从"自然空间"转化为"经济空间"，向天空要生产力。 余定志介绍，当前，哈尔滨市平房区正巩固提升航空产业传统优势，加速竞逐低空经济新赛道，以低空经济新质生产力赋能东北振兴。 哈尔滨经开区管委会副主任、平房区政府副区长余定志近日接受记者专访时介绍，平房区（哈经开区）紧抓国家促进低空经济发展的重大机遇，秉持"大供 给、微场景、广协同"发展思路，以低空制造为支撑，强化低空保障和特色服务，构建低空航线网络，提升制造业供给能力，助推龙江构建低空经济矩阵， 助力哈市打造"天空之城"。 张瑶摄 "作为国家'一五'时期重点建设的老工业基地，历经70余年砥砺前行，平房区（哈经开区）已成为全国最大的直升机制造基地、全国重要的航空铝镁合金加 工基地和航空复合材料生产基地。"余定志说，平房区（哈经开区）集聚了航空工业哈飞、航发东安、中铝东轻等知名企业，书写低空经济新答卷具备明显 优势。 余定志介绍，平房区（哈经开区）先后获评国家航空装备创新型产业集群、国家航空配套中小企业特色产业集群、国家航 ...

Core Viewpoint - AVIC High-Tech (中航高科) is enhancing its composite materials project with a planned investment of 918 million yuan to improve its capabilities in manufacturing large-sized composite components for civil aviation [1][2]. Financial Performance - AVIC High-Tech has experienced continuous growth in revenue and net profit for four consecutive years, with total revenue increasing from 3.808 billion yuan in 2021 to 5.072 billion yuan in 2024, and net profit rising from 591 million yuan to 1.153 billion yuan during the same period [5]. - In Q1 2025, the company achieved a record high quarterly revenue of 1.401 billion yuan, representing a year-on-year increase of 6.38%, and a net profit of 358 million yuan, up 1.93% year-on-year [5]. - The company's total assets reached 10.15 billion yuan in Q1 2025, marking a significant milestone as it surpassed the 10 billion yuan mark [5]. Debt Management - The company's debt-to-asset ratio has improved significantly, decreasing from 32.56% at the end of 2020 to 20.11% at the end of 2024, a reduction of 12.45 percentage points over four years [5]. Business Segmentation - AVIC High-Tech's main business segments include "Aerospace New Materials" and "Aerospace Advanced Manufacturing Technology Industrialization," with a focus on aerospace new materials, key components for commercial engines, and composite materials for civil aviation [2][3]. - The subsidiary AVIC Composite Materials (中航复材) is a core part of the company, contributing approximately 95.9% of the revenue from the aerospace new materials segment and about 94% of the overall revenue in 2024 [2]. Project Development - The new project aims to enhance the manufacturing capabilities for large-sized composite components, including the addition of 12 new sets of automated laying systems and the construction of a new facility covering 57,000 square meters, with a project duration of 36 months [2].

装备制造 [Table_ReportDate] 2025 年 5 月 19 日 [T分析师： able_Author 赵晓闯] 执业证书号：S1030511010004 电话：0755-83199599 邮箱：zhaoxc@csco.com.cn 分析师：杨贵洲 执业证书号：S1030524060001 电话：0755-83199599 邮箱：yanggz1@csco.com.cn 研究助理：董李延楠 电话：0755-83199599 邮箱：donglyn@csco.com.cn 公司具备证券投资咨询业务资格 证券研究报告 商用人形机器人产业化加快 [Table_ReportType]装备制造行业周报（5 月第 3 周） [Table_S 市场行情回顾： ummary] 上周（5 月 12 日-5 月 16 日）机械设备、电力设备及汽车行业 指数涨跌幅分别为 0.35%、1.39%及 2.40%，在 31 个申万一级 行业中排名分别为第 18、10、3 位；同期沪深 300 涨跌幅为 1.12%。 行业观点： 请务必阅读文后重要声明及免责条款 | 一、 市场行情回顾 3 | | | --- | --- | | ...

Regulatory Changes - The China Securities Regulatory Commission (CSRC) has released a decision to amend the "Major Asset Restructuring Management Measures for Listed Companies," introducing a simplified review process for certain restructuring transactions [5][6][7] - The new measures include a mechanism for phased payment of shares for asset purchases, increased tolerance for changes in financial conditions, and a six-month lock-up period for major shareholders in absorption mergers [6][7] Industry Developments - The establishment of the first clinical and translational ward for brain-computer interface technology at Beijing Tiantan Hospital marks a significant advancement in applying this technology in clinical settings [10][11] - The mandatory standard for automatic emergency braking systems (AEBS) is entering the public consultation phase, transitioning from a recommended to a mandatory requirement, which is expected to significantly increase the penetration rate of AEBS in the automotive market [8][9] Economic Indicators - The National Information Center reported positive trends in consumption, investment, and industrial production, with excavator sales increasing by 17.6% year-on-year in April and offline consumption heat index rising by 25.4% [2] - The Tianjin Municipal Government has issued an action plan to promote AI innovation, aiming for significant advancements in key technologies and a revenue target of over 100 billion yuan for core AI enterprises by 2027 [2]

【DT新材料】 获悉， 5月16日， 中航高科 公告称，全资子公司中航复合材料有限责任公司拟以自 筹资金9.18亿元开展民用航空复合材料构件能力提升建设项目。 说明： 本文部分素材来自于中航复材 及 网络公开信息，由作者重新编写，系作者个人观点，本平台发布仅为了传 达一种不同观点，不代表对该观点赞同或支持。如果有任何问题，请联系我们：15355132586（微信同号） 重点建设大尺寸航空复合材料构件研制及工程化条件，新增自动铺放系统等 12 台（套）工艺设备， 新建厂房及其配套室外工程、厂外工程，新建建筑面积57,000㎡。 建设地点为北京市顺义区，建设 周期为36个月，从2025年开始，2028年达到设计生产能力。 该项目旨 在满足新一代民用航空大尺寸复合材料结构件研制需求，提升大尺寸航空复合材料构件研 制及工程化创新能力，进一步为建成世界一流的民用飞机复合材料零部件供应商奠定 基础，有利于 巩固公司在航空复合材料领域的领军地位，支撑国家重大专项任务的顺利落地，推动民用航空产业高 质量发展，有利于实现国有资产增值保值。 同日， 中航高科 公告， 公司董事会于2025年5月16日收到董事长姜波、董事曹正华、总 ...

6、光洋股份：正在筹划购买银球科技100%股权等事项，股票停牌。 二、回购、增持 1、思源电气：拟3亿元-5亿元回购股份。 一、停复牌 1、*ST名家：股票撤销退市风险警示并继续实施其他风险警示，股票停牌。 2、ST升达：股票撤销其他风险警示，股票停牌。 3、*ST傲农：撤销退市风险警示及其他风险警示，股票停牌。 4、电投能源：拟发行股份及支付现金购买白音华煤电股权，股票复牌。标的公司的主要业务包括煤 炭、铝和电力的生产和销售。 5、滨海能源：拟购买沧州旭阳化工有限公司100%股权，股票复牌。 2、中微半导：宇树是公司终端客户。 1、群兴玩具：孙公司与腾讯签订1.13亿元算力服务协议。 4、联瑞新材：拟发行可转债募资不超过7.2亿元，用于高性能高速基板用超纯球形粉体材料项目、高导 热高纯球形粉体材料项目、补充流动资金。 2、隧道股份：控股股东拟2.5亿元-5亿元增持公司股份。 3、江瀚新材：拟以2亿元-4亿元回购股份。 三、投资合作、经营状况 3、鑫宏业：全资子公司江苏华光中标"漳州核电厂3、4号机组及浙江金七门核电厂1、2号机组K3控制 电缆设备采购"，中标金额合计1.02亿元。 5、新瀚新材：公司DFBP ...

【品大事】 宁德时代：拟通过境外全资子公司参与投资境外私募股权投资基金 宁德时代公告称，公司拟通过境外全资子公司香港时代新能源科技有限公司作为有限合伙人参与投资 境外私募股权投资基金Lochpine Green Fund I, LP，基金主要围绕碳中和领域上下游开展相关投 资，目标规模为15亿美元，其中公司境外全资子公司拟认缴出资额不高于2.25亿美元。本次投资在 公司总经理审批权限范围内，无须提交董事会及股东会批准。 白云机场：拟450万元与中免集团等共同设立免税品公司 白云机场公告，公司拟与中国免税品（集团）有限责任公司、广州市广百股份有限公司、广州岭南集 团控股股份有限公司共同投资设立中免市内免税品（广州）有限公司（简称"新设公司"），运营广 州市市内免税店相关业务。新设公司的注册资本为4500万元，其中，公司拟以自有资金投资450万 元，占新设公司注册资本的10%。 2025.05. 16 5月16日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者 参考。 两连板丽人丽妆：公司含"麦角硫因"成分产品销售收入整体占比很低 贵州茅台：截至目前已累计回购股份264.21万股 ...

Core Viewpoint - The "Tianmu Mountain Low Altitude Technology Achievement Exhibition" showcases over a hundred innovative achievements in low-altitude economy, focusing on technology research and development, achievement transformation, and application scenarios [1][5]. Group 1: Exhibition Highlights - The exhibition features various types of drones, lightweight aviation composite materials, and high-precision remote sensing surveying equipment, covering core technology fields such as intelligent control, energy power, and material science [1]. - A notable exhibit is the "onboard brain" control box, which utilizes the industry's first intelligent multimodal large model for drones, allowing for autonomous operation based on human commands [3]. - The "Zhihang Tianmu" multimodal remote sensing image AI model can process images every 0.16 seconds, enabling real-time ground situation mapping during drone inspections [3]. Group 2: Engine Development - The exhibition highlights the first domestic 850-kilogram thrust new-generation turbofan engine, which weighs approximately 150 kilograms and is characterized by long life, low fuel consumption, high reliability, and low cost [5]. - The project team aims to complete the assembly of the engine prototype by the end of 2025 and achieve the first ignition test in the first half of 2026 [5]. Group 3: Organizational Goals - The Tianmu Mountain Laboratory aims to present a visual demonstration of the integration of digital technology with low-altitude economy and urban development, facilitating a platform for technical exchange, industry connection, and collaborative innovation [6].

作为我国环境催化剂领域的少数主要国产厂商之一，中自科技利用累积的技术优势不断拓宽市场，在乘 用车催化剂领域首次实现销量百万套的突破，新增获得国内大客户多款平台项目定点并成功进入某合资 品牌供应商体系。2024年，公司氢燃料电池电催化剂获得三款燃料电池发动机的开发定点并实现销售收 入732万元，同比增长1273%。 公司加快拓展新能源市场，相关产品已通过EN、IEC、UN等多项测试，获得欧盟CE认证、CB认证及 CNAS证书，2024年储能与储能+板块实现营业收入8016.88万元，同比增长超过300%。 中自科技始终致力于低碳环保领域发展，战略性规划了"环境催化剂、储能与储能+和复杂高性能复合 材料"三位一体的业务矩阵，形成梯次化、多元化发展格局。 2024年，在营收和净利面临双重压力的情况下，公司始终坚持以高强度科研投入保持技术领先性，2024 年公司科技研发投入共计1.1亿元，占营业收入比重7.01%，较上年度同比增长26.13%，其中投向新材 料、新能源方向的占比接近70%。 另据了解，公司规划建设年产50万平方米预浸料、30吨航空复合材料零部件的产能，目前已完成预浸料 中试线建设并投入使用，制造基地现 ...