（文章来源：证券日报） 证券日报网讯 12月19日，科大讯飞在互动平台回答投资者提问时表示，科大讯飞坚持回归价值创造， 公司会持续强化企业核心竞争力，提升主营业绩，积极为投资者谋求可持续的长期回报，让投资者实现 真正意义上的价值投资。同时提请投资者注意股市波动风险，理性决策、审慎投资。 ...

证券日报网讯12月19日，科大讯飞（002230）在互动平台回答投资者提问时表示，科大讯飞一直在为多 家手机厂商提供智能语音和多语种技术服务。 ...

南方财经记者马嘉璐南沙报道 作为立足湾区、协同港澳、面向世界的国家重大战略性平台，南沙当前正在加速成为大湾区新质生产力 孵化地，已集聚100多家人工智能企业，2024年相关产业规模超百亿元，同比增长12%。今年5月，南沙 发布《广州市南沙区促进人工智能产业高质量发展扶持办法》，围绕数据、算力、算法三大核心要素给 予单家企业最高1000万元资金支持，涵盖算力补贴、数据交易奖励以及大模型研发支持等多项举措，进 一步构建"全周期+精准化"扶持体系，为产业发展保驾护航。 谈及与南沙的合作，王士进充满期待："南沙兼具地域优势与人才沃土，是AI产业发展的理想承载 地。"目前，科大讯飞广东人工智能研究院已落户南沙，未来将重点聚焦教育、医疗、工业等领域的AI 赋能。他认为，南沙作为大湾区科创关键节点，不仅能承接AI技术落地，更可凭借独特区位成为中国 AI技术出海的"桥头堡"。而汇聚人才方面，南沙拥有高校资源与产业实践场景，随着生活与产业配套的 持续完善，将成为人工智能人才的聚集地，为AI产业发展注入不竭动力。 （文章来源：21世纪经济报道） "大模型的价值终要在产业规模化应用中兑现，而成本控制是关键突破口。"王士进表示，科大 ...

Group 1 - The core point of the article is that Galaxy General has completed a new financing round exceeding $300 million, marking the largest single financing in the field of embodied intelligence [2] - The financing round was led by China Mobile Chain Long Fund, with participation from major investment platforms and industry giants such as CICC Capital, the Chinese Academy of Sciences Fund, Su Chuang Investment, CCTV Media Fund, and Tianqi Co., Ltd [2] - Galaxy General's total financing has reached approximately $800 million, with a valuation of $3 billion, making it the highest valuation in the humanoid robot industry [2] Group 2 - According to Guohai Securities, the wave of electrification and intelligence is leading to the emergence and continuous iteration of humanoid robot products, which is expected to open up a market space broader than that of automobiles [2] - The humanoid robot industry chain is poised for significant investment opportunities, marking an important transition from "0 to 1" [2] - The Guozheng Robot Industry Index has distinct characteristics: it has the highest weight of humanoid robots compared to similar indices, and it focuses on leading companies with high growth potential, with the top ten weighted stocks accounting for about 40% [2]

Core Insights - The online consumption theme index (931481) has shown a positive trend, with significant increases in key component stocks such as Yonghui Supermarket (up 4.55%) and Kid King (up 4.34%) [1] - AI tools have become integral to the e-commerce landscape, enhancing user experience and operational efficiency during the 2025 Double 11 shopping festival [1] - The online retail sector in China has seen a year-on-year growth of 5.7%, with the online retail sales of physical goods reaching 11.82 trillion yuan, indicating a strong consumer demand [2] Group 1: Market Performance - The online consumption ETF fund (159793) has risen by 0.30%, marking its third consecutive increase, with the latest price at 1.01 yuan [1] - The top ten weighted stocks in the online consumption theme index account for 55.21% of the index, with major players including Alibaba-W, Tencent Holdings, and Meituan-W [3] Group 2: E-commerce Trends - AI tools launched by Alibaba have significantly improved click-through rates and return on investment for merchants, with a 10% increase in total clicks and a 12% rise in ROI [1] - The e-commerce platforms are focusing on enhancing user experience and operational efficiency rather than just scaling, which is beneficial for the long-term health of the industry [2]

2025年12月17日，由国内品牌声誉管理标杆机构高廪智库主办、尺度传媒承办的"破局・守正・焕 新—2025品牌创新与声誉风险管理大会"在北京成功举办。大会汇聚200余位政企领袖、学界专家及新锐 创业者，以权威阵容、前沿成果与深度研讨，成为品牌管理领域的年度专业标杆。 权威阵容加持，彰显行业高度 作为行业高端盛会，大会的权威性由核心参与主体奠定。主办方高廪智库联合多家高校学术机构发 起，其品牌声誉管理专业引领地位为会议品质保驾护航。 高廪智库创始人郭继伟致欢迎辞，深度阐释品牌创新与声誉风险管理的协同价值。高廪智库2025轮 值主席、浪莎集团董事长翁荣弟，2026轮值主席、金港矿业与科然生物董事长何平先后致辞，分享跨行 业品牌运营经验与长期主义发展洞察。北京理工大学裴蓉教授、优客工场创始人毛大庆、高廪智库首席 品牌专家蔡涛等学界泰斗与行业大咖齐聚，注入顶级专业智慧。 高廪智库2025轮值主席、浪莎集团董事长翁荣弟致辞 硬核成果落地，赋能行业实践 大会以"输出可落地、可引领的专业成果"为核心，形成多项重磅产出。品牌声誉管理专著《危机破 局》正式发布，该书由郭继伟潜心3年撰写，由企业管理出版社出版，收录200余家企 ...

Core Insights - The "Breaking the Game and Renewing the Brand - 2025 Brand Innovation and Reputation Risk Management Conference" was successfully held in Beijing, gathering over 200 leaders from government, enterprises, academia, and emerging entrepreneurs, establishing itself as an annual benchmark in brand management [1] Group 1: Authority and Industry Engagement - The conference's authority was underscored by the participation of key stakeholders, including the organizer Gao Lin Think Tank and various academic institutions, ensuring high-quality discussions [3] - Keynote speeches were delivered by influential figures such as Guo Jiwei, founder of Gao Lin Think Tank, and industry leaders like Weng Rongdi and He Ping, sharing insights on cross-industry brand operations and long-term development [3] Group 2: Practical Outcomes and Industry Empowerment - The conference focused on delivering actionable professional outcomes, including the release of the brand reputation management book "Crisis Breakthrough," which compiles data from over 200 companies and 50 case studies, marking it as the first systematic publication in the industry [4] - The "Gao Lin Plan" was launched to empower long-term industry development through talent cultivation, resource integration, and standard formulation, alongside initial cooperation intentions established between quality projects and investment institutions [8] Group 3: Thought Leadership and Future Directions - Ten thematic speeches addressed core issues such as brand growth, AI empowerment, and crisis management, providing insights into industry pain points [9] - Participants expressed high recognition of the conference's professional value, with practical guides being particularly useful for reputation management in enterprises [11] - Follow-up activities included visits to industry benchmark institutions like People's Daily and iFLYTEK, further broadening industry perspectives and facilitating future collaborations [12]

Group 1 - The family doctor concept sector rose by 3.86%, ranking second among concept sectors, with 22 stocks increasing, including a 20% limit up for Shuyupingmin and a limit up for Meinian Health [1] - The top gainers in the family doctor sector included Haixia Innovation, Weining Health, and Sichuang Medical, with increases of 16.39%, 11.11%, and 5.77% respectively [1] - The sector saw a net inflow of 1.544 billion yuan from main funds, with 18 stocks receiving net inflows, and five stocks exceeding 50 million yuan in net inflow [2] Group 2 - The leading stocks in terms of net inflow ratio were Haixia Innovation, Meinian Health, and Weining Health, with net inflow ratios of 14.36%, 13.05%, and 12.89% respectively [3] - The top three stocks by main fund inflow were Haixia Innovation with 489 million yuan, Meinian Health with 415 million yuan, and Weining Health with 347 million yuan [3][4] - The family doctor concept sector had a total of 15 stocks with significant net inflows, indicating strong investor interest [2][3]

Summary of Key Takeaways from the Corporate Day on AI and LLM in Beijing Industry Overview - The LLM (Large Language Model) market competition remains intense, but there is optimism for AI monetization, particularly in the vertical enterprise market [1] Company-Specific Insights iFlytek (002230 CH, Neutral) - The consumer business is identified as the core growth engine, contributing about one-third of total revenue in 1H25, driven by strong momentum from learning machines [5] - Management expects the consumer business and education sector to be the main growth drivers, supported by the "Spark" LLM platform [5] - iFlytek is noted as potentially the only large LLM in China trained on domestic AI chips, allowing it to secure orders from government and state-owned enterprises (SOEs) [5] - The "Spark" LLM platform is projected to generate approximately CNY1 billion in revenue for FY25E [5] Kingsoft Cloud (3896 HK, Buy) - AI computing power demand is accelerating, with Xiaomi's LLM training and inference demand in smartphones and electric vehicles (EVs) being major growth drivers [4] - Management anticipates FY25F revenue growth to exceed 20% year-on-year, although gross profit margin (GPM) will be under pressure due to increased leased computing [5] - The company expects computing power assets to increase by approximately CNY9 billion, including both self-purchased and leased assets [5] Fourth Paradigm (6682 HK, Not rated) - Aiming for CNY20 billion in revenue by 2029E, with a focus on enterprise-level AI service platforms [6] SenseTime (20 HK, Not rated) - Generative AI is the main revenue growth driver, contributing 70%-80% of total revenue [8] - The company is committed to building full-stack AI capabilities and has released multimodal LLMs [9] Yonyou Network (600588 CH, Neutral) - Domestic substitution and large enterprises' AI migration are key growth drivers, with AI agents integrated into ERP systems [12] - Management expects steady revenue growth and significant cash flow recovery in 2025 [15] Qihu 360 (601360 CH, Not rated) - Revenue for 9M25 reached CNY6.1 billion, up 8% year-on-year, with a focus on "AI + Security" [13] - The company is shifting towards SaaS security, which now accounts for 30% of security revenue [17] Youdao (DAO US, Not rated) - Positioned as an AI-powered solutions provider, with online marketing services as the largest revenue contributor at 45% [18] - The company has achieved 5x growth in online marketing services over the past 3-4 years, driven by programmatic advertising [19] Additional Insights - The public cloud and enterprise cloud segments account for approximately 70% and 30% of revenue, respectively, with AI cloud being the fastest-growing segment [5] - Management noted that the demand for AI products is expected to drive revenue growth across both consumer and enterprise segments [11] - The overall macro environment remains challenging, but the penetration rates for AI solutions in enterprises are still low, indicating potential for growth [10] Conclusion The corporate day highlighted the competitive landscape of the AI and LLM market in China, with various companies showcasing their growth strategies and revenue projections. The focus on consumer and enterprise applications of AI, along with the integration of LLMs into existing business models, presents significant opportunities for growth in the coming years.

依托基金的有力支撑，南通围绕新一代信息技术等重点发展产业和人工智能等战略性新兴产业，成功招 引一批科技含量高、带动能力强的强链补链延链项目。从上海交大、中科大等高校的科研成果转化项 目，到科大讯飞（002230）、海博思创等上市公司培育项目，再到国家级专精特新"小巨人"企业、独角 兽企业孵化项目，今年，南通新增资本招商项目超130个、计划投资额超300亿元，其中10亿元以上项目 11个。 本报讯 （记者 丁宏波） 12月16日，2025南通投资大会暨上证多层次资本市场高质量发展大会开幕。会 上，国家服贸基金高端装备子基金、国投生物制造基金等一批南通市与"国家队"合作基金正式发布，省 战新母基金合作基金集中签约。 近年来，南通积极争取、主动融入"国家队"基金投资布局，越来越多国家战略资本、顶级创新资源在南 通汇聚。今年，南通开展资本招商专项行动，以资本为纽带，统筹各区县板块形成招商合力，全力构 建"基金+产业+项目"的协同发展格局。在链接上级基金资源、发挥市级基金引导作用的同时，南通各 区县板块围绕本地特色优势，新设立一批产业投资、创业投资基金，让资本赋能的触角延伸至科技创新 和产业发展的每一个关键环节。截至目 ...