南方财经2月6日电，西藏天路(600326.SH)2026年2月6日回复上交所监管工作函。上海证券交易所就公 司三方抵债事项提出问询，要求说明本次三方抵债事项的主要考虑与决策过程，未选现金方式解决债务 的原因、是否有其他偿债方案，以及交易必要性与合理性。据悉，本次三方抵债涉及西藏天路、厦门东 翔工程设计有限公司与林芝毛纺厂。林芝毛纺厂为林芝天路企业管理交流中心项目建设单位，厦门东翔 是该项目EPC总承包单位，西藏天路于2020年通过公开招投标承接该项目，因项目结算形成对厦门东翔 的大额应收账款。由于厦门东翔偿付能力不足，林芝毛纺厂作为厦门东翔的债务人，以其名下优质资产 为厦门东翔抵偿对西藏天路的债务，构成三方抵债交易。西藏天路回应称，三方抵债核心是保障债权安 全回收，维护公司及股东利益。林芝毛纺厂拥有的商业用房地产、商铺及土地使用权具备稳定市场价值 与变现能力，且其作为公司控股股东西藏建工建材集团下属全资孙公司，具备合规履约能力。决策中， 公司先开展尽职调查，2025年7月聘请具有证券期货资格的北京华源龙泰房地产土地资产评估有限公司 对抵债资产进行评估，9月出具评估报告，12月独立董事专门会议及第七届董事会第 ...

Group 1 - Bitcoin experienced a significant drop, reaching a low of $60,000, with a daily decline exceeding 11%, marking a decrease of over 52% from its historical high of $126,000 in October 2025 [1] - Major cryptocurrencies such as ETH, SOL, and DOGE also fell by more than 10%, with nearly 590,000 liquidations occurring globally, totaling over $2.7 billion [1] Group 2 - The cryptocurrency market is facing a "crisis of confidence," with opinions diverging on its future, as some analysts suggest that Bitcoin's narrative as "digital gold" is weakening [5] - A bearish sentiment is prevalent, with analysts indicating that Bitcoin has entered a bear market, and the current trading patterns are distinctly "bearish," suggesting a phase of capitulation among market participants [5] Group 3 - Market experts express skepticism about Bitcoin reaching new all-time highs in 2026, with some advising major holders to remain patient as significant price increases may not occur in the next 1,000 days [6] - The stance of the new Federal Reserve Chairman, particularly regarding cryptocurrency policies, is a point of interest, especially given past positive remarks about Bitcoin as a "new gold" for younger generations [6] - Historical patterns indicate that Bitcoin took 28 months to recover after its peak in 2021, and the current downturn may lead to a prolonged period of low prices, heavily influenced by market sentiment and belief [6]

Core Viewpoint - Guoxuan High-Tech (002074.SZ) announced a plan to raise up to 5 billion yuan through a private placement of A-shares, with funds allocated to three battery production projects and working capital [1] Group 1: Fundraising and Allocation - The company plans to use 2 billion yuan for the "20GWh Power Battery Project," 1 billion yuan for the "Guoxuan High-Tech 20GWh New Energy Battery Base Project," and 1 billion yuan for the "New Lithium-Ion Battery Intelligent Manufacturing Base Project" [1] - The remaining 1 billion yuan will be used to supplement working capital [1] Group 2: Financial Performance - As of September 30, 2025, the company's asset-liability ratio reached 71.72%, showing an upward trend from 66.27% in 2022 to 72.28% in 2024 [1] - Accounts receivable amounted to 18.797 billion yuan, accounting for 15.52% of total assets, while inventory stood at 11.746 billion yuan [1] - Financial expenses for the first nine months of 2025 totaled 1.047 billion yuan [1] Group 3: Previous Fundraising and Project Changes - In 2021, the company raised a net amount of 7.231 billion yuan from Volkswagen China, with 5.655 billion yuan invested by September 30, 2025 [1] - Previous fundraising projects have undergone multiple changes, such as the adjustment of the "16GWh High-Energy Density Power Lithium Battery Project" to the "Volkswagen Standard Cell Production Line Project," increasing capacity to 28GWh, expected to reach production by December 2026 [1] - The high-nickel ternary cathode material project has been completed, with surplus funds of 134 million yuan permanently allocated to supplement working capital [1]

Core Viewpoint - *ST Zhengping (603843) faces significant delisting risk due to potential negative net assets as highlighted in a regulatory letter from the Shanghai Stock Exchange regarding its 2025 performance forecast [1] Group 1: Regulatory Concerns - The regulatory letter emphasizes three main issues: potential asset impairment leading to negative net assets, completeness of pre-restructuring debt claims, and accuracy of revenue and cost accounting [1] - The company’s performance forecast indicates expected revenue between 950 million to 1.35 billion yuan, with a projected net loss, although net assets are reported as positive [1] - The annual auditor has not confirmed the positive net assets and noted unresolved issues from the 2024 financial report, suggesting a high likelihood of receiving a non-standard opinion for the 2025 report [1] Group 2: Financial Disclosure Requirements - The regulatory body requires detailed disclosure of over 3.6 billion yuan in accounts receivable and contract assets, along with a careful assessment of impairment risks for long-term equity investments [1] - The ongoing pre-restructuring process has raised concerns about the completeness of debt claims, as major debt subsidiaries like Guizhou Jinjijin Construction were not included, leading to doubts about debt integrity [1] - The company is also required to provide detailed explanations regarding previous internal control failures related to revenue recognition and cost measurement to validate the accuracy of the 2025 financial data [1]

南方财经2月6日电，豪美新材(002988.SZ)2月6日发布第五届董事会第五次会议决议公告，宣布调整 2025年度向特定对象发行A股股票方案。其中募集资金总额从原不超过189,744.14万元降至175,054.14万 元，项目总投资从225,588.20万元调整为210,898.20万元。具体来看：华东汽车轻量化高性能铝型材及零 部件产能扩充项目投资总额从67,680.85万元调减至60,140.85万元，对应募集资金拟投入金额从47,852.14 万元降至40,312.14万元；补充流动资金规模从56,000万元缩减至48,850万元。华南汽车轻量化高性能铝 型材及零部件产能扩充、研发创新中心建设、华南生产基地智能化技术改造等个项目的投资总额及募集 资金拟投入金额均保持不变。 ...

2月5日，恒生指数、恒生科技指数收涨。截至收盘，国证港股通科技指数(987008.SZ)上涨0.58%，该指 数成分股中，地平线机器人-W上涨超3%，金蝶国际与小米集团-W上涨近3%，药明生物与药明合联等4 只上涨超2%。 恒生科技ETF天弘（520920）紧密跟踪恒生科技指数，精准聚焦港股科技龙头企业。通过QDII机制，该 ETF还可投资网易、京东、携程等未纳入港股通的优质科技上市公司。 消息面上，美团2月5日发布公告称，公司拟以7.17亿美元收购生鲜电商企业叮咚的全部已发行股份。根 据协议，转让方可从目标集团提取不超过2.8亿美元的资金，但需确保目标集团净现金不低于1.5亿美 元。此次收购将使目标公司成为美团的间接全资附属公司，其财务业绩将并入美团的财务报表。 国信证券指出，美元指数反弹，美债利率上行一定程度上对港股的资金面产生了负面影响。但人民币升 值依旧，港股业绩稳健上修，我们并不认为美元指数的反弹是能够持续，故而我们依然看好港股后续的 行情。 相关ETF方面，港股科技ETF天弘(159128)成交额超1.6亿元，当日获净申购超8000万份。资金流向方 面，截至2月4日，该ETF已连续18个交易日获资 ...

Group 1 - The core viewpoint of the article highlights the target price increases for several listed companies, with notable gains in the battery, automotive parts, and securities industries [1][2]. - The companies with the highest target price increases include: - Fulin Precision Engineering with a target price increase of 64.96% [3] - Weichai Power with a target price increase of 57.67% [3] - Industrial Securities with a target price increase of 33.33% [3] Group 2 - On February 5, a total of 21 listed companies received recommendations from brokers, with Chongqing Beer receiving the most recommendations at 3 [4]. - The companies with multiple broker recommendations include: - Chongqing Beer with 3 recommendations [4] - Huanxu Electronics with 2 recommendations [4] Group 3 - Four companies received their first coverage on February 5, including: - Nanshan Aluminum with a "Buy" rating from Guosheng Securities [5] - Jiantou Energy with a "Buy" rating from Changjiang Securities [5] - Hangzhou Bank with a "Buy" rating from Northeast Securities [5] - Xiechuang Data with a "Buy" rating from Huaxin Securities [5]

"最近确实很忙，你看这些箱子都是刚到的货，店里都快摆不下了。" 茅台重庆渝中自营门店的熊林经理一边和电话那头的客户确认购酒需求，一边向进店咨询的笔者打招呼。 1月30日，重庆小雨。位于解放碑商圈的贵州茅台（600519）重庆渝中自营门店上午刚一开门，便迎来了络绎不绝的顾客。很多消费者是前来提取在i茅台 申购成功的飞天53%vol 500ml贵州茅台酒（即大众所说的53度飞天茅台），也有不少人是咨询、购买其他茅台产品。 笔者在现场看到，店里有几十箱各类茅台产品刚刚到货，几乎摆满了过道，等待顾客提货或送货上门。笔者在前台仅仅观察十分钟左右，就有十几名顾客 进店提货。 "最近是春节前夕，需求确实非常旺盛，1月初以来我们门店的到店人次同比增加了41%，单日最高到店300人左右。"熊经理介绍。 2026年1月，茅台拉开了一场"以消费者为中心"的全面市场化改革，在产品、价格、渠道、服务等方面推出多项重要改革举措，目的是让消费者可以公 平、便捷、保真购酒。 对于普通消费者而言，茅台今年的市场化改革，最容易感知到的便是有机会以1499元/瓶的价格在i茅台上申购到53度飞天茅台。 2026年1月1日，53度500ml飞天茅台等 ...

近日，湖北多家精神病医院被曝虚构诊疗项目、套取医保资金，引发广泛关注。据《新京报》报道，涉事医院包括襄阳融诚医 院、襄阳宏安医院、襄阳恒泰康医院、宜昌夷陵康宁精神病医院等。 天眼查显示，襄阳恒泰康医院有限公司由湖南恒泰康康复医疗产业发展有限公司100%持股，而湖南恒泰康康复医疗产业发展有 限公司由湖南爱尔健康产业发展有限公司81.9978%持股。襄阳恒泰康医院成立于2019年，企业注册资本500万元，实缴资本500 万元，控股股东为湖南恒泰康康复医疗产业发展有限公司。 据《新京报》，襄阳多家医院将没有病的正常人，收进精神病医院免费住院，以此骗取医保基金。其中就提及陈邦实际控制的 襄阳恒泰康医院。公开资料显示，襄阳恒泰康医院于2019年开业，位于襄阳市高新区，该医院为二级精神专科医院。 据公开资料，陈邦是军人出身，退伍后做过器材代理、文化传播，还做过房地产，涉足颇广。其资产版图主要围绕连锁医疗和 相对应的商业地产展开。陈邦主要通过爱尔医疗投资集团有限公司间接控制多家医疗企业。其中，最著名的就是连锁眼科医院 爱尔眼科，以及此次事件涉及的恒泰康康复医疗集团。 天眼查截图 | 爱尔 | 湖南爱尔健康产业发展有限公 | ...

Core Viewpoint - The gold market experienced significant volatility, with a historic price drop and subsequent rebound, leading to a substantial reduction in the scale of domestic gold-themed ETFs by approximately 42.7 billion yuan in one week [1][2]. Group 1: Market Performance - On January 29, the international gold price reached a historic high of nearly 5,600 USD/oz, followed by a drop of over 15% [1][2]. - The London gold price fell from 5,413.805 USD/oz to 4,964.83 USD/oz over the week, marking a decline of 8.29% [2]. - Domestic gold prices mirrored international trends, with the Shanghai Gold Exchange's SGE gold price peaking at 1,256 CNY/g, reflecting a year-to-date increase of approximately 29% [2]. Group 2: ETF Market Impact - The total scale of 20 domestic gold-themed ETFs decreased to 348.954 billion yuan, a reduction of about 42.7 billion yuan [1][2]. - Approximately 1.89% of gold-themed ETF funds opted for redemption, resulting in a net outflow of about 6.6 billion yuan, primarily due to a decline in net asset value [1][3]. - The significant drop in ETF scale was largely attributed to passive reductions from falling net values, amounting to approximately 36.1 billion yuan [3]. Group 3: Investor Behavior - Despite the ETF scale reduction, there was no panic selling among domestic investors; the adjustments were seen as short-term emotional responses [3][5]. - On January 30, the day of the gold price crash, 23.38 million yuan was still net subscribed, indicating attempts by some investors to "buy the dip" [3]. - The funds that withdrew were primarily short-term speculative funds, stable short-term allocation funds, and passive following funds [4]. Group 4: Long-term Investment Logic - Analysts believe the recent price fluctuations are a technical adjustment rather than a reversal of long-term trends, with the underlying investment logic for gold remaining intact [5][6]. - Key supporting factors for gold's long-term value include the unchanged Fed rate cut cycle, ongoing central bank gold purchases, and gold's role as a hedge against international order risks [5][7]. - Investment strategies suggest maintaining a long-term perspective on gold, with recommendations to allocate about 20% of investment portfolios to gold assets for risk hedging [6][7].