新华社沈阳7月13日电（记者武江民、洪可润）机器人在粮堆内自由行走，快速平仓；AI控制整个粮 仓，精准计算和调节温度；精炼车间没有照明，只有24小时在岗的机器人……12日，在沈阳举办的第七 届中国粮食交易大会上，粮食产业领域的各类"黑科技"频频亮相。从仓储到加工，从生产到流通，科技 正重塑粮食产业链的每一个环节。 在中科芯禾（深圳）科技有限公司的展台前，一台应用于粮仓管理的平仓机器人吸引了不少客商的目 光。记者在现场看到，这款平仓机器人个头不大，仅有一个书包的大小，机身两侧装有螺旋轮，可以在 粮堆内快速行走，实现自主避障、精准定位，将高低不平的粮堆修整得平平整整。 "过去粮库平仓以人工为主，工人们在高粉尘环境中连续作业，既影响健康，还存在安全隐患。"中科芯 禾公司一名推介员介绍，这款机器人在粮面上行走不下陷，可以适应各种复杂的粮面环境，其搭载的雷 达系统可实时构建三维粮面地图，为精准作业提供数据支撑。目前，中科芯禾机器人自动平仓系统已在 全国多个粮库开展示范应用。 在展会的人才科技展区，沈阳农业大学、渤海大学等高校带来的创新成果备受关注。今年以来，辽宁省 粮食和物资储备局通过深化校企合作，已推动20余项科研成 ...

在巴西圣保罗咖啡节展馆入口处，卡费洛公司创始人葆拉·维洛佐·坎波利纳正为参观者演示如何用一只 便携式咖啡浸泡袋做出一杯手冲咖啡。"只需热水，就能享受精品咖啡的风味。"她说。 在第四届圣保罗咖啡节上，"创新"成为咖啡行业最热关键词。该展会吸引来自巴西全国乃至海外的咖啡 品牌、种植者、设备商、消费者和咖啡文化爱好者参与，是拉美最具活力的精品咖啡展示平台之一。与 往年相比，今年的咖啡节处处传递出"创新"气息，从咖啡本身到包装形式、消费场景乃至生产设备，不 断涌现的新概念正在重塑人们对咖啡的认知。 "蘑菇口味咖啡、咖啡味巧克力、冷萃即饮胶囊……我们不只是来卖咖啡的，更是来讲故事、做实验、 听市场反馈的。"咖啡节主办方负责人卡约·丰特斯在接受记者采访时说，圣保罗咖啡节已成为品牌新品 发布和消费趋势验证的重要窗口，尤其受到年轻消费群体与新兴品牌青睐。 来自米纳斯吉拉斯州的品牌圣莫尼卡公司展出了其今年重点出口中国市场的新款咖啡产品。该公司自 2018年开始对华出口精品咖啡，公司创始人阿图尔·莫斯科菲安介绍，这款精品咖啡的包装不使用市面 上常见的塑料材质，完全采用能防水防潮的纸质材料，在保证咖啡品质的同时对环境也十分友好。 ...

Core Insights - The fourth São Paulo Coffee Festival highlighted "innovation" as the key theme, showcasing new concepts in coffee production, packaging, and consumption that are reshaping perceptions of coffee [1][4] - The festival serves as an important platform for brand launches and consumer trend validation, particularly appealing to younger consumers and emerging brands [1][4] Industry Trends - The festival attracted coffee brands, growers, equipment suppliers, and coffee culture enthusiasts from Brazil and abroad, emphasizing its role as a vibrant showcase for specialty coffee in Latin America [1] - New coffee products, such as those from the brand Santa Monica, are focusing on environmentally friendly packaging, using paper materials instead of common plastics [2] Product Innovations - Startups are innovating the "entry method" for coffee, exemplified by the portable coffee infusion bag that allows for quick preparation without the need for machines or filters [3] - The introduction of smart coffee bean sorting machines from China is enhancing quality control by automatically identifying and removing defective beans, improving yield and quality [3] Consumer Preferences - A new generation of consumers is increasingly concerned with the environmental attributes, social responsibility, and transparency of products, seeking information about the origins and production processes of their coffee [4] - The festival featured a "coffee traceability information" display area, allowing consumers to scan and learn detailed information about each coffee bean's origin, which is crucial for attracting younger audiences [4] Market Opportunities - The festival not only provided a creative platform for local Brazilian farmers and businesses but also served as a gateway for Chinese equipment and technology to enter the Latin American market [4]

Core Viewpoint - Hefei has transformed from a "county town" to a "new first-tier city," with a notable rise in its private economy, which plays a crucial role in its development and innovation [1][2]. Group 1: Company Growth Stories - iFlytek, a prominent company in Hefei, has seen its market value grow 26 times over the past decade, showcasing the successful transformation of research results into commercial products [3][4]. - The company was founded in 1999, initially facing challenges with its first product but later pivoted to focus on voice technology, leading to its successful listing on the Shenzhen Stock Exchange in 2008 [5][6]. - iFlytek's growth has been supported by local government initiatives, which provided funding and a conducive environment for innovation [7][8]. Group 2: Government Support and Ecosystem - The Hefei government has actively supported startups like iFlytek by facilitating funding and creating a favorable policy environment, which has been crucial for the survival and growth of tech companies [6][7]. - The establishment of the "Keda Silicon Valley" innovation platform has attracted over 2,500 tech companies, enhancing the local innovation ecosystem [12][20]. - Hefei's government has implemented various policies to support the private economy, including the establishment of innovation centers and funding initiatives [19][20]. Group 3: Industry Development - The artificial intelligence industry in Hefei has flourished, with over 2,000 companies now operating in this sector, positioning the city as a national leader in advanced manufacturing [8][20]. - The logistics and digital freight sectors are also experiencing significant growth, with companies like Weitian Yuntong revolutionizing the industry through digital solutions [15][16]. - Hefei's strategic planning aims to establish itself as a national transportation hub, further enhancing the logistics industry's potential [14][15]. Group 4: Talent Development - Hefei has developed a robust talent cultivation strategy, focusing on nurturing entrepreneurs and skilled professionals to support its growing industries [21][22]. - The presence of institutions like the University of Science and Technology of China has contributed to a steady supply of talent, fostering innovation and entrepreneurship [22][24]. - The city has implemented various policies to attract and retain talent, ensuring a continuous influx of skilled individuals to support its economic growth [21][22].

Summary of the Conference Call for 合锻智能 Company Overview - 合锻智能 is a leading enterprise in the high-end forming machine tool equipment industry in China, benefiting from the lightweight trend in the new energy vehicle sector, with expected growth in hot forming and composite material product orders, aiming to reverse last year's losses and achieve profitability [2][5][8]. Industry Insights - The company has formed a duopoly in the color sorting machine sector with 美亚光电, holding a global market share of approximately 20 billion RMB, with about 8 billion RMB in the domestic market [2][9]. - The company is confident in maintaining a growth rate of 10%-20% post-strategic adjustments in 2025, with a positive export trend to countries like India, Turkey, and Vietnam [2][5][10]. Key Projects and Developments - 合锻智能 has secured an order for a nuclear fusion vacuum chamber worth approximately 210 million RMB, with the first batch of gravity supports already delivered and the main body expected to be partially delivered in 2025 [2][11]. - The company has established a partnership with the Chinese Academy of Sciences to address high technical barriers in vacuum chamber manufacturing, focusing on welding deformation control as a significant challenge [4][12]. Strategic Direction - In 2025, 合锻智能 plans to expand in multiple business segments, prioritizing Southeast Asia and Central Europe through localized agents and service networks to reduce operational costs [5][8]. - The company aims to enhance brand exposure through international exhibitions and social media, providing differentiated solutions for various regions [5][8]. Research and Development - 合锻智能 has invested significantly in R&D, particularly in the nuclear fusion sector, with a focus on manufacturing processes, material selection, and structural design to meet extreme conditions [13][20]. - The company has established a strategic cooperation agreement with the Shanghai Li Zhengdao Research Institute to build a cutting-edge manufacturing laboratory, aiming to expand its potential in the nuclear energy and scientific device sectors [20][21]. Competitive Advantages - As a national-level manufacturing champion, 合锻智能 has revised multiple national and industry standards and participated in significant national science and technology projects, reinforcing its competitive edge in niche markets [6][7]. - The company’s strategic acquisitions, such as the German brand 劳法尔, are aimed at deepening its presence in the European market and enhancing its competitiveness in high-end sectors like automotive and home appliances [2][8]. Market Challenges - The company acknowledges the need to adapt to international market changes and currency fluctuations, which may impact its export business [5][10]. - The color sorting machine sector faces rapid iteration cycles, with replacement periods of 2 to 5 years, necessitating continuous innovation to stay competitive [9][10]. Conclusion - 合锻智能 is positioned to leverage its technological advancements and strategic partnerships to capitalize on growth opportunities in both domestic and international markets, particularly in the high-end manufacturing and nuclear fusion sectors [2][21].

合锻智能 20250611 摘要 中国核聚变能源领域投资巨大，预计到 2028 年每年将达到 200 亿元， 若包含潜在示范堆项目，总投资将超过 2000 亿元，年投资额或升至 400 亿元，但相较传统核电投资规模仍相对较小。 合锻智能作为核聚变龙头企业，真空室和堆内构件业务占装置价值量约 10%，预计在 400 亿年度投资中实现 40 亿收入和 10 亿净利润。当前 给予 50 倍估值较为合理，对应市值约 500 亿元，未来市值增长空间巨 大。 托卡马克装置真空室是主体结构，价值量占比约 8%，加上堆内构件达 25%。其核心功能是提供稳定运行环境，为等离子体提供高温高压真空 环境，并作为安全屏障支撑内部重力并抵御复杂电磁力。 核聚变装置包层材料使用多种新型金属和非金属材料，如低活化铁素体 马氏体钢、氧化物弥散强化钢、钛、碳化硅复合材料及高熵合金，以提 高导热能力、熔点和抗热负载能力。 DIB（等离子体内壁）的主要作用是防止杂质污染等离子体，并将等离 子体辐射产生的热量传导出去，通常采用铍或钨作为直面材料，特种 316LN 不锈钢作为支撑背板。 Q&A 核聚变行业的投资规模和未来发展趋势如何？ 今年以来，核聚 ...

Core Viewpoint - The company is a leading enterprise in the high-end forming machine tool and intelligent sorting equipment industry, with a focus on the nuclear fusion sector, which is expected to drive its growth trajectory in the coming years [1][3]. Group 1: Nuclear Fusion Industry Developments - The company has accelerated its involvement in nuclear fusion projects, winning contracts for key components such as vacuum chambers and gravity supports, indicating a strong order pipeline [1][2]. - The domestic nuclear fusion industry is projected to grow rapidly, with significant projects like CFEDR and various hybrid reactors expected to commence in the near future, positioning the company to benefit from this growth [2][3]. - Global nuclear fusion initiatives, including the ITER project and private sector efforts in the U.S. and Japan, highlight the increasing international focus on fusion energy, which may create additional opportunities for the company [2][3]. Group 2: Core Business Performance - The company is recognized as a champion in the forming machine tool sector, with products utilized across various industries including automotive, aerospace, and defense, showing a robust recovery in its core business [3][4]. - The hydraulic press segment has seen significant advancements, particularly in applications related to new energy vehicles, contributing to an increase in market share [3][4]. - The mechanical press segment is experiencing growth due to rising demand from the new energy vehicle sector and domestic brands, with a notable increase in orders for high-end automated pressure machines [4]. Group 3: Intelligent Sorting Equipment - The company is a pioneer in the optical sorting equipment market, with a strong focus on applications in food safety and recycling, leading to a substantial increase in revenue from this segment [4]. - The revenue from the color sorting machine business is projected to grow significantly, reflecting a compound annual growth rate (CAGR) of approximately 26.2% from 2021 to 2024 [4]. Group 4: Financial Projections - The company is expected to achieve revenues of 24.8 billion, 28.4 billion, and 33.5 billion from 2025 to 2027, with corresponding net profits of 0.37 billion, 1.34 billion, and 2.58 billion [5]. - The current valuation reflects the early-stage development of the nuclear fusion industry, suggesting substantial future growth potential [5][6].

Core Points - The Hainan provincial government has issued a notification to implement the 2025 agricultural machinery scrapping and updating subsidy policy, aiming to expand the scope of scrapping subsidies and increase subsidy standards for certain machinery [1][2] - The notification includes 13 types of machinery eligible for scrapping subsidies, such as rice transplanters, agricultural drones, and grain dryers [1] - Starting from January 1, 2025, the subsidy standard for scrapping rice transplanters will be increased by up to 50%, and specific subsidies for other machinery will also see significant increases [1][2] Summary by Sections Subsidy Policy Implementation - The subsidy policy will be executed according to the agricultural machinery purchase and application subsidy regulations from 2024 to 2026 [2] - The policy's implementation period is set to end on December 31, 2025, allowing farmers and agricultural enterprises to apply for subsidies within this timeframe [2] Eligible Machinery - The notification specifies 13 types of machinery that qualify for the scrapping subsidy, including but not limited to: - Rice transplanters - Agricultural drones - Grain dryers - Feed mixers [1] Increased Subsidy Standards - The scrapping subsidy for rice transplanters will be increased by up to 50% for those who scrap and purchase the same type of machinery [1] - The subsidy for scrapping and updating agricultural Beidou auxiliary driving systems will be set at 1200 yuan per unit [1] - The subsidy for other specified machinery will also see a 50% increase, contingent upon the purchase of compliant new machinery [1]

Core Viewpoint - Meiya Optoelectronics is enhancing its competitiveness by investing in a new intelligent coating and sheet metal production base, with a total investment of 185 million yuan, aimed at increasing production capacity and transitioning towards high-end, intelligent, and green manufacturing [2][4]. Investment and Expansion - The new project will add a production capacity of 10,000 sets per year in coating, sheet metal, and machining [4]. - The project is expected to start construction in June 2025 and be completed by December 2026, with production gradually commencing in the first half of 2027 [4]. Business Focus and Product Lines - Meiya Optoelectronics specializes in optical identification equipment, focusing on three main sectors: food safety, healthcare, and renewable resources, with key products including color sorters, X-ray foreign object detectors, and dental CBCT [3][6]. - The company has established high-level innovation platforms and has undertaken over 30 national and provincial major scientific projects [5]. Financial Performance - In 2024, Meiya Optoelectronics reported a revenue of 2.311 billion yuan, a decrease of 4.73% year-on-year, and a net profit of 649 million yuan, down 12.84% [6][7]. - The revenue from color sorters, X-ray industrial detectors, and medical devices was 1.622 billion yuan, 149 million yuan, and 503 million yuan respectively, with significant declines in the latter two categories [7]. Research and Development - The R&D expense rates for 2022 to Q1 2025 were 5.79%, 6.13%, 6.90%, and 7.40%, respectively, indicating a consistent increase in investment in innovation [5]. - The company holds 158 valid invention patents, 205 utility model patents, and 47 design patents as of the end of 2024 [5]. Financial Health - As of Q1 2025, Meiya Optoelectronics had cash and cash equivalents of 1.474 billion yuan and trading financial assets of 452 million yuan, totaling 1.926 billion yuan, with no short-term or long-term debt [8]. - The company's asset-liability ratio has decreased for three consecutive years, reaching 14.09% by the end of Q1 2025 [8].

公司代码：603011 公司简称：合锻智能 合肥合锻智能制造股份有限公司 第一节 重要提示 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经容诚会计师事务所（特殊普通合伙）审计，截至2024年12月31日，公司期末母公司可供分配利润为人 民币-398,157,643.03元。根据《上市公司监管指引第3号一一上市公司现金分红》、《公司章程》的有 关规定，结合公司实际经营情况，为实现公司持续、稳定、健康发展，更好地维护全体股东的长远利 益，经公司第五届董事会第十七次会议决议，公司2024年度拟不进行利润分配，也不进行公积金转增股 本。 第二节 公司基本情况 一、公司简介 二、报告期公司主要业务简介 公司始终秉持高端化、智能化的发展战略，以高端成形机床和智能分选设备为主业，为客户提供包括液 压机、机械压力机、色选机、聚变堆核心零部件尖端制造、智能化集成控制及新材料等产品和服务。 一、本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到www.sse.com.cn网站仔细阅读年度报告全文。 二、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容 ...