Group 1 - The Southern GDS Data Center REIT successfully completed its public offering, raising a total of 2.4 billion RMB, reflecting strong market demand with a public investor subscription multiple of 456 times and a private investor subscription multiple of 166 times [1][2] - The underlying asset of the REIT is the Kunshan Guojin Data Cloud Computing Data Center project, which has a total cabinet scale of 4,192 and an electricity capacity of 29,044 kW, with a projected PUE of 1.24 for 2024 [1] - The project operates on a wholesale business model, providing data center space and hosting services, achieving an average signing rate of 100% over the past three years, indicating strong operational performance [1] Group 2 - The successful issuance of the Southern GDS Data Center REIT is a milestone, marking the first public REIT project in China and creating a new model for private capital participation in public REITs [2] - The CEO of GDS highlighted that the successful issuance signifies a major breakthrough in capital strategy innovation and serves as a model for asset securitization in the digital infrastructure industry [2] - GDS plans to continue deepening capital innovation through the REIT platform, integrating quality assets to promote high-quality development in the digital infrastructure sector, supporting the growth of China's digital economy [2]

本报讯 （记者李雯珊）由浙江省人民政府、商务部共同主办，杭州市人民政府、浙江省商务厅、商务 部贸发局共同承办的第四届全球数字贸易博览会（简称"数贸会"），将于9月25日在杭州盛大开幕。 第四届数贸会以"数字贸易商通全球"为主题，将于2025年9月25日至29日在杭州大会展中心举办，主要 由"展览展示""主要活动"及"数贸在线"三大板块组成，展览面积15万平方米。 在"展览展示"板块，今年数贸会设置1个数贸主题展馆+涵盖数字贸易5个细分领域的7个特色产业展区。 其中，数贸主题展区展示包括具身机器人、时空智能等未来产业，聚集国内外龙头企业和数字贸易新势 力。以"六小龙专区"设置"谁是第七条龙"悬念，打造国家级展会主题馆的新标杆。5个细分领域特色数 字产业展区包括了数字订购贸易领域、数字技术贸易与数据贸易领域、数字产品贸易领域以及数字服务 贸易领域。7个特色产业展区分别为人工智能、数智出行、丝路电商、数字医疗、数字文娱、智慧空间 及智慧物流。 此外，本届数贸会将延续举办全球数贸创新大赛，吸引国内外顶尖项目与团队参赛，打响数贸创新大赛 品牌。同时，为了助力优质初创项目拓展跨境融资渠道，今年数贸会将启动中东资本战略对接 ...

据宁夏商务厅副厅长崔彦祥介绍，宁夏全区商务(投促)系统在深入研究近三年全国工商联常委企业落地 宁夏招商引资项目的基础上，按照"请进来、走出去"双向发力的思路，遴选出了一批重点招引目标企 业，统筹联动各市、县(区)先后赴北京、广东、浙江、福建等优强企业聚集区域，精心筹备举办了"投 资宁夏"系列招商活动80余场次，开展了"叩门招商"111批次、洽谈合作项目509个。其中，常委企业及 优强民营企业已落地实施项目11个，意向投资总金额68.31亿元。 北方民族大学经济学院教授张晓凤在接受《证券日报》记者采访时表示，宁夏太阳能、风能资源富集， 独特的资源禀赋为当地清洁能源等产业的发展奠定了坚实基础，目前宁夏已形成清洁能源、新型材料、 装备制造、数字信息、现代化工等一批优势产业，"全国优强民营企业助推宁夏高质量发展大会"的召 开，有助于宁夏优势产业通过招商引资进行延链、补链、强链，推动当地经济发展。 宁夏工业和信息化厅副厅长何立颖表示，作为"西电东送"的主战场，宁夏电力负荷富裕、电网保障有 力，大工业用电到户均价0.45元/千瓦时。同时，宁夏每年外送绿电上百亿度，企业来宁夏投资发展， 能优先用到量足价优的绿电。 周兆川表 ...

7月16日晚，河南平高电气（600312）股份有限公司(以下简称"平高电气")发布中标公告称，公司及子 公司中标国家电网有限公司、国网河南省电力公司相关项目，中标金额合计约为14.5亿元，占2024年营 业收入的11.69%。 根据公告，平高电气中标的项目为国家电网有限公司2025年第四十三批采购、国网河南省电力公司2025 年第一次配网物资协议库存公开招标采购、国家电网有限公司2025年第四十四批采购。中标产品为组合 电器、断路器、隔离开关、避雷器、互感器、开关柜等。 记者梳理平高电气公告发现，今年以来，公司共发布4次中标公告，中标金额累计为53.65亿元。 盘古智库(北京)信息咨询有限公司高级研究员余丰慧在接受《证券日报》记者采访时表示，平高电气今 年以来连续中标多个电网项目，显示出公司在高压、超高压及特高压开关设备领域的强大竞争力和市场 地位。这些中标项目的实施不仅有助于提升国家电网的供电能力和稳定性，同时也将直接促进平高电气 业绩的增长。 国家电网2025年工作会议强调，要全力服务经济社会平稳运行，加快电网发展和能源转型，继续推进重 大项目实施，开工建设陕西至河南特高压，以及山东枣庄、浙江桐庐抽蓄电站 ...

Economic Overview - In the first half of 2025, China's GDP growth rate reached 5.3%, with domestic demand contributing 68.8% to GDP growth and final consumption expenditure contributing 52% [1] - The service retail sector saw a year-on-year growth of 5.3%, while goods retail grew by 5.1%, indicating a shift in consumer spending from material satisfaction to experiential satisfaction [1] Service Retail Trends - The service retail market is experiencing a significant transformation, with new consumption patterns emerging, such as self-care, emotional consumption, and personalized service demands [1] - The service retail industry in China is projected to reach a scale of 7 trillion yuan by 2024, with an online penetration rate of only 9% as of now [2] - It is anticipated that the online penetration rate will increase to 25% by 2030, leading to the emergence of 300 chain brands with over a thousand stores each [2] Digital Transformation - Companies like Meituan are enhancing the online and standardized processes in the service retail sector through AI and digital capabilities, expanding into over 200 service retail sub-sectors and partnering with 6.3 million merchants [3] - There has been a notable increase in demand for various service retail sectors, with significant growth in searches for services like hair treatments and indoor family entertainment [3] Consumer Behavior and Market Dynamics - The demand for personalized and scenario-based services is rapidly increasing, while traditional supply chains struggle with low standardization and transparency, leading to inefficiencies in supply-demand matching [4] - The boundaries between goods retail and service retail are expected to blur, with a trend towards the commodification of services, prompting a shift from extensive growth to high-quality development [4]

中央城市工作会议于7月14日至15日在北京举行，会议高规格释放出鲜明政策信号。 其中，"城市更新"首次被写入中央城市工作会议的总体要求，"以推进城市更新为重要抓手"这一新提 法，也进一步明确了当前和今后一段时期城市发展的重要方向。 在此背景下，房地产行业或迎来新的发展机遇和方向：从"盖新房"向"改老城"转变，从"扩规模"向"提 品质"升级。 "城市更新"成为城市发展重要方向 会议指出，我国城镇化正从快速增长期转向稳定发展期，城市发展正从大规模增量扩张阶段转向存量提 质增效为主的阶段。 房地产行业迎来新发展时期 与此同时，在房地产行业深度调整的背景下，城市更新有望成为行业新增长动力。 "从过去'拿地盖房卖房'的单一路径，转向深耕城市空间、提升人居质量的复杂系统工程，城市更新为 房地产企业提供了新的市场空间。"严跃进表示，在此背景下，城市更新将成为头部房企重塑核心竞争 力、实现"第二增长曲线"的重要抓手。 不少城市近年来已陆续加快城市更新的步伐，部分地方还探索推行"房票安置""市场化代建"等新机制， 有效带动了住房需求释放和产业功能重构。 与此同时，城市更新亦释放出更多稀缺的核心区域地块，进一步满足改善性居住需求 ...

Group 1 - The company plans to repurchase its A-shares with a total fund amounting to no less than 20 million RMB and no more than 40 million RMB, with a maximum repurchase price of 12.28 RMB per share, potentially repurchasing approximately 325.73 million shares, which accounts for about 0.97% of the total share capital [1] - The main business of the company includes the research, production, and sales of packaging products, covering both metal and plastic packaging, with a complete industry chain capability [1] - The company has demonstrated strong resilience and potential in a complex market environment through multi-dimensional measures such as full industry chain construction, expansion into emerging fields, technological innovation, and overseas market layout [1] Group 2 - The company achieved a 739% explosive growth in net profit for 2024, with a 14.91% year-on-year increase in net profit attributable to shareholders in Q1 2025, indicating stable performance amid increasing competition in the packaging industry [2] - The growth is attributed to the deep advantages of the full industry chain layout, continuous R&D innovation, and the company's ability to navigate industry transformation [2] - The packaging industry is expected to undergo structural adjustments due to consumption upgrades and green development concepts, positioning the company favorably in industry consolidation [2] Group 3 - The company plans to increase investment in the research and production of biodegradable plastic packaging products to enhance degradation performance and cost competitiveness, while gradually expanding production capacity based on market demand [3] - R&D innovation is considered the core driving force for the company to break through in the competitive packaging industry, with R&D expenses reaching 89.26 million RMB, accounting for 3.64% of operating revenue in 2024 [3] - The company has identified new growth areas, particularly in food packaging and new energy battery structural components, accelerating the implementation of its technological R&D achievements [3]

全国性金融资产管理公司(AMC)持续推进中小银行股权剥离。 由此，中国长城（000066）资产管理股份有限公司(以下简称"长城资产")及其关联方挂牌转让的长城华 西银行40.92%股权的受让方已浮出水面。如交易完成，四川银行将代替长城资产入主长城华西银行， 长城资产也将彻底退出长城华西银行股东行列，告别长达10余年的银行牌照持有历程。 受访业内人士表示，近年来AMC机构面临"回归本源"的政策导向，更加聚焦不良资产处置和风险化解 的核心主业。长城资产清退长城华西银行股权也正是这一行业趋势的反映。而此次四川银行代替入主长 城华西银行标志着前者在成立不久后便实现重要的战略扩张。长城华西银行也将由此迎来新的发展机 遇。 长城华西银行将易主 四川金融监管局在批复中表示，四川银行应依法合规行使股东权利，积极认真履行股东义务，建立健全 相关内部控制制度，做好风险隔离、并表管理、关联交易控制等工作。 从长城华西银行股权挂牌转让信息公开，到监管批复四川银行入股，前后不到半个月时间。今年6月 份，长城资产及其关联方德阳市国有资产经营有限公司(以下简称"德阳国资")合计持有的该行40.92%股 权在北京产权交易所挂牌转让。转让底价 ...

7月14日晚，潍柴重机（000880）股份有限公司(以下简称"潍柴重机")公告称，公司正在筹划以自有资 金收购控股股东潍柴控股集团有限公司(以下简称"潍柴集团")的全资子公司常州玻璃钢造船厂有限公司 (以下简称"常玻公司")100%股权。公告显示，公司此举意在完善产业布局，拓展船艇业务板块，打造新 的业务增长点。 公告显示，常玻公司是国内钢质、铝质、各类复合材质高性能船艇领域的领军企业，主要业务为30米以 下复合材料、钢质、铝质等各类船艇的研发及生产，主要产品为公务船艇、工作船艇和休闲船艇。 潍柴重机主营业务为开发、制造和销售船舶动力和发电设备市场用30马力至13600马力的发动机及动力 集成系统、发电机组及电力集成系统，同时经营柴油机零部件、船用齿轮箱配套等产品。 值得注意的是，2022年，常玻公司设立全资子公司渤星船舶科技(青岛)有限公司，投资建设潍柴(青岛) 海洋装备制造中心项目，拓展30米以上、80米以下船艇业务。 科技部国家科技专家库专家周迪在接受《证券日报》记者采访时表示，常玻公司积极拓展30米以上船艇 业务，如此次交易顺利推进，也有利于潍柴重机进入更大船型市场，扩大市场份额，进而提升在船舶行 业 ...

Group 1 - The core viewpoint of the article highlights that Wuxi Xiangsheng Medical Technology Co., Ltd. has successfully obtained the EU Medical Devices Regulation (MDR) certification for its entire range of digital color ultrasound diagnostic products, marking a significant achievement in aligning with international safety and quality standards [1][2] - The MDR certification serves as a "hard currency" for entering the EU market and provides strong international credibility for the company's expansion into potential markets in Asia-Pacific, the Middle East, and Latin America [1] - Xiangsheng Medical has established a comprehensive technological capability in ultrasound imaging, covering various aspects from core components to clinical applications, thereby creating differentiated advantages in portability, specialization, and intelligence [1][2] Group 2 - The company's products are already utilized in over 30% of tertiary hospitals in China and have been exported to more than 100 countries and regions globally, establishing solid strategic partnerships with renowned international medical device companies [2] - In the field of ultrasound AI diagnostics, Xiangsheng Medical has developed an intelligent standard framework that encompasses device research and development, image acquisition, and diagnostic decision-making, with its breast ultrasound analysis software receiving medical device registration approval in 2022 [2] - The company aims to enhance its global market penetration with the MDR certification as a new starting point, focusing on providing smarter, more precise, and more accessible ultrasound diagnostic services worldwide, thereby strengthening the "China Intelligent Manufacturing" brand in the high-end medical device sector [2]