Biomedical refrigerators and freezers are medical preservation devices used to store biological samples, reagents, and chemicals at low temperatures. They are commonly found in hospitals, blood banks, laboratories, diagnostic centers, and pharmacies. They are capable of maintaining constant and accurate temperatures. These refrigerators and freezers are usually equipped with a microprocessor controller, visual and audio alarms, and digital temperature displays to provide better sample preservation and protection.

The global NTA market will experience a CAGR of 9.2% during the forecast period, which can be attributed to a growing number of NTA applications in several fields, including drug delivery, nanoparticle toxicology, microvesicles, exosomes, small biological particles, virology and vaccine production, ecotoxicology, and nanobubbles. Also, there is an increase in investments in R&D and fast expansion of research facilities in sectors such as life sciences and biomedical research, which use nanoparticle tracking analysis to study particle samples in detail for several purposes.

MPU is a computational semiconductor device, which is fabricated on a single chip. Over the years, MPUs have become more powerful and faster, yet increasingly smaller and more affordable. Their superior performance helps find applications mainly in computers, smartphones, tablets, gaming consoles, and automobiles. Servers are crucial during data center operation and are mainly used for data transfer. A server operation is dependent on hardware reliability and durability. A typical server consists of dual-power supplies, redundant array of independent disk (RAID) system, and error-correcting code (ECC) memory. There have been several innovations in the design and manufacturing of servers, depending on the business needs.

军贸民品齐增长，看好无人机及国产大飞机中国2012-2016年武器出口总额较2007-2011年武器出口总额增长74.2%，增幅中有67.7%源自“一带一路 ”沿线国家。

我们通过观察美国证券经纪商的发展历程，通过对标嘉信理财，希望找到中国互联网+证券目前所处于的历史阶段、经营策略及未来的战略转型提供一些思考。

2018 年机械行业投资机会可以从两方面寻找： 处于利润上升通道的中游周期行业，通过观察行业中需求、成本和出口方面的三点变化，可以看出明年中游周期处于利润上升通道；行业景气度向上的细分行业龙头，行业景气度向上的驱动因素组要来自于三个方面，通过这三个方面精选行业以及公司。 

目前国内半导体设备发展尚处于起步阶段，与国际领先水平还有较大差距。半导体设备行情可能复制过去几年工业机器人的模式，刚开始可选标的很少，几只个股会被轮番关注甚至炒作；随着国产化推进，后续会有很多上市公司通过并购进入这个领域，同时也会出现一些新的上市公司，出现好的投资标的。

2017 年中国高端制造行业以京东方、CATL、隆基等龙头取得了产品、利润、股价等瞩目的成就。我们认为中国已经迈入高端制造新纪元，未来真正具备核心竞争力，符合产业趋势，在全球市场谋求发展的公司，有望成长为各个细分子行业的龙头企业。2018 年重点是投资中国高端制造。

2017年计算机基本面情况：增速相对放缓，投入有意降低，外延急剧收缩，研収和人员数量保持高增长；截止三季度，计算机行业营业收入3236.93亿元，同比增长19.31%，28个行业中排行第15；计算机行业净利润163.33亿元，同比增长9.06%，处亍28个行业中癿第22名，扣非后归母净利润同比增长15.47%。

在时间维度上，产业变迁与股市映射并非线性，而是随着市场预期的变化，经历估值驱动的押注、业绩验证的兑现、市占驱动的扩张，最后演绎出股市中的主导板块。

机械行业PE仍显著高于沪深300，近一年维持较大差异；机械行业子板块分化明显，年初以来有14个子板块PE下降，4个PE上升，子板块估值水平总体修复。

自 4Q16 机械行业复苏以来，机械行业迎来景气上行拐点，1-3Q17 行业上市公司整体收入和净利增速分别达到 37%和 96%，彻底走出 2012-2016 年的下行周期实现强势复苏。行业预收账款同比增速 2017 年逐季提升，需求复苏有望延续至 2018 年。规模效应显现对冲成本上升，行业 ROE 进入上行周期。