11月25日，铂力特盘中上涨2.09%，截至10:39，报76.20元/股，成交3.30亿元，换手率1.60%，总市值 209.03亿元。 资金流向方面，主力资金净流出26.91万元，特大单买入2074.77万元，占比6.29%，卖出2231.86万元， 占比6.77%；大单买入9950.01万元，占比30.17%，卖出9819.84万元，占比29.77%。 铂力特所属申万行业为：机械设备-通用设备-其他通用设备。所属概念板块包括：空客概念、固态电 池、新材料、卫星导航、中盘等。 截至11月6日，铂力特股东户数1.57万，较上期增加0.00%；人均流通股17462股，较上期增加0.00%。 2025年1月-9月，铂力特实现营业收入11.61亿元，同比增长46.47%；归母净利润1.56亿元，同比增长 234.83%。 分红方面，铂力特A股上市后累计派现8267.70万元。近三年，累计派现6651.70万元。 机构持仓方面，截止2025年9月30日，铂力特十大流通股东中，香港中央结算有限公司位居第九大流通 股东，持股410.88万股，为新进股东。景顺长城研究精选股票A（000688）退出十大流通股东之列。 责任 ...

前三季度，全省规模以上服务业营业收入增长7.1%。支柱行业支撑有力，信息传输、软件和信息技术 服务业，交通运输、仓储和邮政业，租赁和商务服务业营业收入分别增长10.0%、6.2%、8.1%，其中， 互联网和相关服务、软件和信息技术服务业营业收入分别增长13.0%、10.8%。 运输市场平稳运行，1—10月，货运量、货物周转量同比分别增长0.2%、7.6%，客运量、旅客周转量分 别增长2.6%、5.4%。 消费方面，1—10月，全省社会消费品零售总额同比增长2.7%。按经营单位所在地分，城镇消费品零售 额增长3.0%，乡村消费品零售额增长0.8%。线上消费潜力持续释放，限额以上单位通过公共网络实现 商品零售增长15.7%，增速比限额以上单位商品零售快13.2个百分点。 11月21日，广东省统计局发布前10月广东经济运行简况。1—10月，全省经济运行总体平稳，全省规模 以上工业增加值同比增长3.5%，制造业增长3.8%，无人机、机器人和新能源汽车等高技术产品、绿色 能源产品产量实现较快增长。 前三季度，全省规模以上服务业营业收入增长7.1%。1—10月，全省货运量、客运量同比分别增长 0.2%、2.6%。同期固定 ...

薛鹤翔、陈梦赟（薛鹤翔系申银万国期货研究所所长、中国首席经济学家论坛成员） + 摘要 9月就业数据表现分化。9月新增非农就业人数好于预期，但7月和8月数据下修，失业率小幅上行，美国就业市场走弱但尚未失速。美国9月非农就业增加 11.9万人，高于市场预期的5.1万人。8月份新增就业人数从增加2.2万人下修2.6万至减少0.4万人,7月份新增就业人数从增加7.9万人下修7000人至增加7.2万 人，7月和8月新增就业人数合计下修3.3万人。失业率从8月的4.3%升至4.4%，高于市场预期的4.3%，创2021年以来新高。 12月降息概率下降，但1月或重启降息。美国劳工统计局表示将不再单独发布10月非农就业报告，相关就业数据拟合并纳入11月统计。11月非农就业报告 公布时间晚于美联储本年度最后一次货币政策会议，所以无法对12月议息会议提供指引。对通胀风险的担忧以及经济前景的不确定性使得美联储官员近期 持续释放鹰派信号，12月降息概率下降。由于在12月议息会议之前缺乏进一步明确的数据指引，美联储在12月暂停降息可能性上升，但即便降息节奏放 缓，考虑美国当前"滞胀"的经济形势，美联储仍需要继续降息来呵护经济，因此如果1 ...

Core Insights - DJI has invested 5% in Shenzhen Smart Pie Technology Co., a 3D printing company, indicating confidence in the growth potential of consumer-grade 3D printing technology and aligning with DJI's innovation strategy [1] - The global 3D printing market is projected to reach $115 billion by 2030, with a compound annual growth rate (CAGR) of approximately 30% over the next five years, while China's 3D printing market is expected to reach 41.5 billion yuan in 2024 [2] - The demand for consumer-grade 3D printing is driven by lower costs in supply chains and the rise of IP economy, which allows consumers to access a variety of creative 3D models at minimal costs [2] Industry Trends - The 3D printing industry is experiencing rapid growth, with applications spanning aerospace, construction, and consumer goods, particularly in the consumer segment [2] - The integration of generative AI in 3D design is lowering the barriers for users to create and optimize 3D models, enhancing the accessibility of 3D printing technology [2] - Companies in the A-share market are actively investing in the consumer-grade 3D printing sector, with Hunan Huashu High-Tech Co. focusing on industrial-grade additive manufacturing equipment [3] - Shenzhen Jepu Te Optoelectronics Co. is advancing in the consumer-grade laser technology, with expectations for mass production and collaboration with multiple clients [3] Technological Advancements - The limitations of traditional manufacturing processes are becoming apparent as consumer electronics trend towards lightweight, high-performance, and complex structures [4] - Metal 3D printing is emerging as a solution in the 3C field due to its advantages in lightweight materials, high precision, and customized production capabilities [4]

Group 1 - DJI has invested 5% in Shenzhen Intelligent Pie Technology Co., a 3D printing company, indicating confidence in the growth potential of consumer-grade 3D printing technology [1] - The global 3D printing market is projected to reach $115 billion by 2030, with a compound annual growth rate (CAGR) of approximately 30% over the next five years [2] - The Chinese 3D printing market is expected to reach 41.5 billion yuan by 2024, driven by the booming IP economy and the proliferation of 3D model communities [2] Group 2 - The consumer-grade 3D printing industry includes upstream materials, midstream equipment, and downstream services, with equipment being the technological core and value center [3] - Companies like Hunan Huashu High-Tech Co. are actively involved in the industrial-grade additive manufacturing equipment sector, enhancing awareness and recognition of consumer-grade 3D printing [3] - Shenzhen Jepter Optoelectronics Co. is upgrading its laser technology for consumer-grade 3D printing, with expectations for mass shipments and product launches in the near future [3] Group 3 - The limitations of traditional manufacturing processes in producing lightweight and complex structures are becoming apparent, while metal 3D printing offers advantages in lightweight materials, high precision, and customized production [4]

商报讯（记者 徐菁菁 通讯员 李叶彩 方志） 11月19日，杭州市统计局发布2025年1—10月杭州经济运行 情况。总体来看，1—10月杭州经济运行呈现"稳、进、新、优"的良好态势，在政策红利的持续推动 下，新质生产力培育成效显著，经济内生动力持续增强。 工业增长稳健，新动能成核心引擎 作为稳增长"压舱石"，工业经济表现亮眼。1—10月，全市规模以上工业增加值3787亿元，同比增长 6.2%。分行业看，汽车制造业、计算机通信和其他电子设备制造业、电气机械和器材制造业增加值分 别增长34.7%、13.3%和5.2%，形成三大重点行业齐头并进的良好格局。 新兴服务业加速增长，数字经济核心产业服务业、高技术服务业营业收入分别增长13.8%和13.3%，较 规上服务业增速分别高出4.4和 3.9个百分点，为服务业高质量发展注入强劲动能。 消费市场扩容，升级趋势愈发明显 消费是市场经济增长的"最终拉动力"，在一系列政策的带动下，1—10月，全市社会消费品零售总额达 7737亿元，同比增长4.8%。消费结构呈现显著升级特征，其中，限额以上单位家用电器和音像器材 类、通讯器材类商品零售额分别激增50.8% 和37.1%；新 ...

Core Insights - The 3D printing industry is at a critical juncture for consumer adoption, with significant advancements in technology and increasing demand for personalized products [5][4]. Group 1: 3D Printing Technology Developments - Carnegie Mellon University scientists have developed a new 3D printing technique that successfully created microDeltas, a type of miniature delta robot, which could be utilized in micro-manipulation, micro-assembly, and wearable haptic devices [3]. - The new 3D printing process is based on two-photon polymerization, allowing for the rapid production of complex 3D structures with electrical functionalities, significantly reducing design iteration time compared to traditional methods [3]. Group 2: Market Demand and Growth - Global demand for consumer-grade 3D printers has surged, with a reported 22% year-on-year increase in entry-level printer sales in Q1 of this year, surpassing 1 million units shipped for the first time [4]. - The 3D printing equipment production saw a 40.5% year-on-year increase in the first three quarters, outpacing growth in industrial robots and electric vehicles [4]. - The global 3D printing market is projected to reach $24.61 billion by 2024, with a compound annual growth rate (CAGR) of 18.5% from 2024 to 2034 [4]. Group 3: Investment and Stock Performance - 14 3D printing concept stocks have shown increased trading activity, with an average year-to-date increase of 43.11%, outperforming the Shanghai Composite Index [6]. - Notable stocks include Tongda Chuangzhi, which saw a trading volume increase of 224.46% in November, and Jinggong Technology, which had a trading volume increase of 79.68% [6][7]. - DJI's recent investment in a 3D printing company highlights the potential for growth in the consumer 3D printing sector, aligning with its innovative technology strategy [4].

证券时报记者梁谦刚 近日，苹果公司在官方网页上正式披露， Apple Watch Series 11/Ultra 3的钛金属表壳全部采用全新3D打 印工艺制造。该3D打印技术采用"粘结喷射"方式，将100%再生钛金属粉末逐层堆叠成表壳雏形，再通 过热压和精细加工完成最终形态。 苹果全新3D打印工艺整个制造过程无需先锯切大块金属，极大降低了材料浪费，并实现了约400吨钛原 料的年度节约。与传统的CNC切削工艺相比，该工艺在材料利用率上提升近一倍，预计可为公司在 2030年前实现碳中和目标提供重要支撑。 国家统计局数据显示，今年前三季度3D打印设备产品产量同比增长40.5%，增速高于工业机器人和新能 源汽车。从未来前景来看，市场研究公司Precedence Research数据显示，全球3D打印市场规模在2024年 达到246.1亿美元，2024—2034年复合增速有望达到18.5%。 国金证券研报指出，3D打印设备正进入作为消费品普及的关键时刻。在供给端，3D打印已在工业场景 完成技术积淀，AI建模把设计门槛降至"一键级"，消费级放量的基础设施就绪。在需求侧，IP经济与潮 玩热潮叠加，正版手办预售期长、缺货情况 ...

"十四五"以来，上海松江区锚定先进制造业发展集聚区、新质生产力发展先行区、现代化新城建设样板区、乡村全面振兴示范区"四个区"功能定位，以 G60科创走廊重大战略平台牵引新质生产力先行发展，现代化新松江建设再上新台阶。 从6G未来产业布局到3D打印智造升级，上海松江正以双赛道发力之势，加速培育新质生产力，为区域经济高质量发展注入强劲动能。 松江6G信通智谷起势成形 11月18日，《国际金融报》记者跟随"实干绘答卷 接力新蓝图"上海"十四五"规划成果系列集体采访活动，走进即将开园的上海6G信通智谷未来产业园 （下称"6G信通智谷"）。园区内，12.3万平方米的高品质空间载体已然成型，实验室里科研设备整装待发，企业办公区规划井然有序，一股关乎未来通信产 业的创新活力扑面而来。 32 4 CT 7111 2 800 & 图片 日日免 WW 天天 FB-1 F 199 在国家加速培育6G未来产业、上海市全面落实《上海市6G未来产业培育方案（2025—2030年）》的战略背景下，这座作为上海6G未来产业集聚区核心 承载区的产业园，正以"起势成形"的显著成效，为新质生产力培育注入强劲动能。 目前，松江区以"一园多区、合理分 ...

Group 1 - The 3D printing industry is experiencing a new wave of capital influx, with major companies like DJI entering the consumer-grade 3D printing market, indicating strong growth potential and industry prospects [1][2] - DJI's investment in the smart company specializing in light curing and fused deposition technology is expected to enhance market competitiveness and drive technological upgrades in the industry [1] - Other tech giants such as Meituan and Tencent are also deepening their investments in the 3D printing sector, with Meituan investing in Snapmaker and Tencent backing the company Creality, which aims to become the first publicly listed consumer-grade 3D printing company [1][2] Group 2 - The global 3D printing market is projected to reach approximately 170 billion RMB by 2024, with a compound annual growth rate of 18.5% over the next decade [2] - In the first quarter of 2025, global shipments of entry-level 3D printers are expected to exceed 1 million units, with Chinese suppliers contributing 95% of the market share [2] - In China, the production of 3D printing equipment increased by 40.5% year-on-year in the first three quarters, significantly outpacing growth in industrial robots and new energy vehicles [4] Group 3 - The demand for 3D printing is being driven by the IP economy and the trend of personalized collectibles, positioning 3D printing as a solution for the high demand for customized products [4] - A-share 3D printing concept stocks have shown strong performance, with over 90% of stocks in the sector experiencing price increases this year, and notable companies like Tiangong Co. seeing stock prices rise by approximately 374% [4] - Among 27 high-growth companies, 15 have recently attracted significant institutional interest, indicating a renewed recognition of the investment value in the 3D printing industry [5][6]