重要的消息有哪些 1.针对美国拟自2027年起对中国半导体产业征收关税，外交部发言人林剑24日在例行记者会上表示，中 方坚决反对美方滥施关税，无理打压中国产业。美方的做法扰乱全球产供链稳定，阻碍各国半导体产业 发展，损人害己。林剑说，我们敦促美方尽快纠正错误做法，以两国元首达成的重要共识为引领，在平 等、尊重、互惠的基础上，通过对话解决各自关切，妥善管控分歧，维护中美关系稳定健康可持续发 展。如果美方一意孤行，中方必将坚决采取相应措施，维护自身正当权益。 10.市场监管总局等部门印发《网售工业产品质量安全专项治理行动方案(2025—2027年)》，到2027年 底，基本建立网售工业产品质量安全监管长效机制，网络交易经营者质量安全主体责任进一步压 实，"源头可溯、过程可控、风险可防、责任可究"的质量安全监管体系基本形成，网售工业产品质量安 全水平大幅提升。 2.中国人民银行货币政策委员会2025年第四季度(总第111次)例会于12月18日召开。会议指出，要引导大 型银行发挥金融服务实体经济主力军作用，推动中小银行聚焦主责主业，增强银行资本实力，共同维护 金融市场的稳定发展。有效落实好各类结构性货币政策工具，扎实 ...

美国首次申请失业救济人数降至21.4万人 周三盘中，标普500指数最高上涨至6937.32点，创盘中历史新高。 纽约证券交易所于美国东部时间周三（圣诞前夜）下午1时提前收盘，并将于周四（圣诞节）休市。周五正常交易。 投资者继续期待备受追捧的"圣诞老人行情"（Santa Claus rally）——即年末股市上涨行情，它通常发生在一年最后五个交易日和新年头两个交易日之间； 此次这一时段从2025年12月24日开盘起至2026年1月5日止。 有报道称英伟达已叫停一项采用英特尔制程工艺生产高端芯片的测试。 当地时间12月24日（周三），美股三大指数收高，标普500指数创历史新高。美国上周初申请失业救济人数降至21.4万。 截至收盘，道指涨288.75点，涨幅为0.60%，报48731.16点；纳指涨51.47点，涨幅为0.22%，报23613.31点；标普500指数涨22.26点，涨幅为0.32%，报 6932.05点。 金融股多数上涨。花旗集团、摩根士丹利、高盛涨超1%，摩根大通、富国银行、纽约梅隆银行、美国合众银行、瑞银集团、嘉信理财、地区金融、巴克 莱、万事达、维萨、美国银行、旅行者保险、哈特福德保险、德意志 ...

宋末元初书画大家赵孟頫笔下的《鹊华秋色图》，将齐鲁大地的千年灵秀与人文底蕴尽收笔端。700多年来，山河 巨变，万象更新。如今，鹊华揽秀的神韵，正焕发出新的时代风采——顶尖人才汇聚成潮，创新要素蓬勃发展， 资源禀赋蕴势赋能，资本活水奔涌不息。 鹊华揽秀，百川归海。山东省2025年地区生产总值(GDP)将突破10万亿元大关，成为全国第三个、北方第一个 GDP超过10万亿元的省份。作为经济大省，山东被赋予经济挑大梁的重任，肩负着在推进中国式现代化中走在前 作示范的使命。 面对这道新时代的必答题，承载着工业厚土的齐鲁大地，将如何破题作答？近日，证券时报、大众日报"从资本市 场看地方高质量发展"大型融媒报道采访组深入山东，走访监管部门、地方政府、上市公司与投资机构，实探齐鲁 大地依托资源禀赋，培育新质生产力、提升制造业竞争力的生动实践，解码资本市场赋能经济大省勇挑大梁的"资 本密码"。 老树萌新枝以创新驱动构建现代化产业体系 现代化产业体系是中国式现代化的物质技术基础。"十五五"规划建议要求保持制造业合理比重，构建以先进制造 业为骨干的现代化产业体系。 山东以工业经济"头号工程"为引领，深入实施产业能级跃升工程，因地制 ...

发展态势向好。 金融业增加值、本外币存款余额、本外币贷款余额、保费收入、新增直接融资额等核心发展指标稳居山 东首位，不良贷款率等风险指标保持全省最优水平。一首一优的鲜明对比，勾勒出济南金融业高质量发 展的图景。 近日，证券时报"从资本市场看地方高质量发展"调研组在山东调研期间，济南市委金融工委专职副书记 贾洪斐接受证券时报记者采访时表示，依托全国首个科创金融改革试验区的招牌，济南积极争取并落地 多项国家试点，包括数字人民币试点、资本市场金融科技创新试点、AIC股权投资试点等，以金融创新 之力激活区域经济发展新动能。 济南金融业总体发展态势向好 近年来，济南金融业总体发展形势向好，金融服务实体经济质效不断提升。 数据显示，2024年，济南市实现金融业增加值为1097.5亿元，同比增长9.2%，高于全国3.6个百分点。 截至今年9月末，济南金融机构本外币贷款余额3.45万亿元，同比增长10.3%，比年初增加2870.6亿元， 银行不良贷款率保持全省最优。 得益于数字人民币试点和资本市场金融科技创新试点的协同推进，今年9月，中泰证券（600918）上 线"数字人民币签约转账服务"，将国家法定数字货币引入其财富管理体 ...

广州的房票探索走在一线城市之首。近日，记者在广州采访发现，房票已经成为促进广州楼市成交 的"催化剂"，许多开发商也在积极争夺手持房票的客户。 近日，深圳正式官宣发出首张房票，北上广深四大一线城市探索房票安置的进程全面提速。 城市更新领域里的房票或许不是新生事物，但一线城市的这些新探索正释放出房地产市场发展的新信 号。 动作迅速 一般来说，房票是将被征收房屋的补偿权益及政策性奖励统一量化后，出具给被征收人的专属购房结算 凭证。 对于房票安置，深圳的动作非常迅速。今年3月，深圳发布《关于规范城市更新实施工作的若干意 见》，其中就提到建立房票制度。近日，深圳市在城市轨道交通27号线工程（西丽段）涉及西丽福光楼 土地整备项目中成功核发首张房票，被搬迁单位深圳市福光实业股份有限公司获发价值4055万元房票。 紧接着，深圳坪山区城市更新和土地整备局正式发布咸水湖片区城中村改造项目一期实施方案公告，明 确将房票安置纳入核心补偿方式，与货币补偿形成灵活组合选项。在业内人士看来，深圳房票安置试点 从政府主导的重大交通项目延伸至城中村改造领域，多元补偿安置体系正在加速构建。 据悉，深圳发放的房票票面金额包括基础金额和奖励金额，由 ...

Core Insights - The company, Ruichuang Micro-Nano, has demonstrated strong innovation vitality in multi-dimensional perception technology amid rapid advancements in integrated circuits and sensor technology [1] - The company has achieved explosive revenue growth, with a 6.3 times increase from 685 million yuan in 2019 to 4.316 billion yuan in 2024, reflecting a compound annual growth rate of 44.50% [1] - Ruichuang Micro-Nano has successfully expanded its business into microwave and laser fields, establishing a comprehensive industry chain from chips to complete systems [2][3] Financial Performance - The company reported revenues of 4.086 billion yuan in the first three quarters of 2025, indicating significant achievements in technology leadership, market expansion, and scale growth [1] - Since its IPO, the company has raised approximately 2.7 billion yuan through various capital operations, which has been fully invested in its main business [2] Technological Advancements - Ruichuang Micro-Nano has released the world's first 8μm 1920×1080 infrared detector chip in 2021 and the first 6μm VGA infrared detector chip in 2024, advancing global technology in small pixel infrared thermal imaging [2] - The company is actively developing core competencies in microwave semiconductors and has made strategic acquisitions to enhance its T/R component business [2] Market Position and Strategy - The company has established a new pattern focusing on multi-dimensional perception and AI, covering a full industry chain from chips to complete systems [3] - Ruichuang Micro-Nano is positioned as a leading enterprise in the optical and magnetic materials industry chain in Yantai, contributing to the local economy with a total output value exceeding 27 billion yuan by the end of 2024 [4] Government Support and Ecosystem Development - The Shandong provincial government has prioritized the integrated circuit industry, providing substantial support through various financial policies, including loans and subsidies [5] - The company has played a pivotal role in the Yantai Optical Sensing Industrial Park, attracting several industry-leading companies and creating thousands of high-quality jobs [5] Expansion into New Markets - Ruichuang Micro-Nano is expanding its applications into emerging fields such as low-altitude economy, commercial aerospace, and intelligent driving, with a growing product range for drones and automotive sectors [6] - The company has secured projects with major automotive manufacturers, enhancing its presence in the automotive market and contributing to the development of intelligent driving solutions [7] Future Outlook - The company aims to continue its focus on multi-dimensional perception and AI, with plans to strengthen its core technologies in infrared detectors and thermal imaging modules [8] - Ruichuang Micro-Nano's growth trajectory illustrates the role of capital markets in overcoming technological barriers and upgrading regional industrial ecosystems [8]

"最初规划能用二三十年的40亩厂区已饱和，公司正拟建设新的生产基地，重点布局大尺寸纳米厚度铌 酸锂薄膜复合材料。"证券时报"从资本市场看地方高质量发展"调研组近日在山东调研期间，胡文接受 证券时报记者采访时说。 晶正电子正在专业机构的指导下提升规范化管理水平，创造条件登陆资本市场。 一踏进济南晶正电子科技有限公司（以下简称"晶正电子"）展厅，公司创始人、总裁胡文就瞬间切换 至"讲解模式"——公司的设立背景、产线加码的战略考量以及研发突破背后的趣闻轶事，他都如数家 珍，思路清晰又饱含深情。 晶正电子接待室里的一幅"守拙"的书法作品，既是胡文的人生信条，也是公司15年来深耕铌酸锂薄膜材 料的坚守。 "真的做出来了"！填补铌酸锂薄膜行业空白 作为济南首批"5150"（5年引进150个高层次创新创业人才）人才之一，胡文回国创业时选择落地济南， 将"铌酸锂薄膜芯片材料"作为研发方向。原因在于这里集聚了山东大学晶体材料研究所、中国建材人工 晶体研究院、天岳先进等晶体材料头部产学研机构。更重要的是，济南具有充足的人才储备，52 所本 科院校每年培育的16万名毕业生中的近半数留在山东，人力成本较为经济。 如果说当地科研资源、 ...

Core Viewpoint - Shengquan Group, a leader in phenolic and furan resin production, is transitioning from traditional manufacturing to a globally leading new materials technology group, driven by technological innovation and capital market empowerment [1][4]. Financing and Project Implementation - Since its listing on the Shanghai Stock Exchange in August 2021, Shengquan Group has raised a total of 2.821 billion yuan, including 1.946 billion yuan from the IPO and 875 million yuan from a private placement, to support strategic projects [2][3]. - The funds have been allocated to key strategic projects such as the expansion of high-end phenolic composite materials, high-end electronic chemicals, and a 1,000 tons/year functionalized polyphenylene ether (PPO) project, which is crucial for meeting national demands in advanced sectors like 5G communication and new energy vehicles [2][3]. Core Technology and Competitive Advantage - Shengquan Group's core competitiveness lies in its leading position in phenolic and furan resins and its proprietary "Shengquan Method" for biomass refining technology [4][5]. - The company has an annual production capacity of approximately 650,000 tons of phenolic resin, widely used in high-end industrial fields such as aerospace and electronics [4]. - Shengquan has successfully developed high-purity epoxy resins and polyimide resins for chip packaging, breaking the long-standing monopoly of developed countries in high-end electronic resins [4][5]. Innovation and Talent Incentives - The company has implemented a stock incentive plan covering 635 core employees and plans to expand this to 2,718 employees by 2025, aligning employee interests with long-term corporate development [6]. - Shengquan Group has integrated sustainable development into its operations, receiving an AA rating from Wind ESG, which enhances its governance and attracts green industry funds [6]. Future Development Strategy - The company aims to increase investments in phenolic resins, furan resins, PPO, electronic chemicals, and bio-based hard carbon materials, focusing on overcoming material bottlenecks in strategic emerging industries [7]. - By combining capital strength with technological innovation, Shengquan Group is poised to become a leading new materials technology group, contributing to the development of new productive forces and the green transformation of traditional industries [7].

Core Viewpoint - The company, Boyuan Co., Ltd. (301617), is positioned as a leader in the fine chemical sector, successfully navigating the transition from "scale expansion" to "green high-quality development" in the context of the global "dual carbon" strategy [1] Group 1: Circular Economy and Business Model - Boyuan Co., Ltd. has established a circular economy business model centered on the recovery and utilization of iodine and precious metals, differentiating itself from traditional chemical enterprises [2] - This model allows the company to procure iodine and precious metal-containing waste from upstream enterprises, effectively addressing waste disposal challenges while reducing raw material dependency and production costs [2] - The circular economy approach not only mitigates risks associated with imported raw material price fluctuations but also enhances customer trust, leading to long-term cooperation agreements [2] Group 2: Integrated Service Capability - The company has developed a comprehensive service capability that spans from basic chemical raw material supply to hazardous waste resource utilization and product processing, fostering mutually beneficial strategic partnerships with major clients [3] - Boyuan Co., Ltd.'s iodine resource utilization business is recognized for its advanced recycling processes and large-scale processing capabilities, placing it in a leading position within the industry [3] Group 3: Technological Innovation and Product Development - The company emphasizes technological innovation as a key driver of growth, increasing R&D investment and accelerating the commercialization of research outcomes [5] - Boyuan Co., Ltd. is focusing on high-end and emerging fields such as new materials and new energy, aiming to enhance product structure and extend the industrial chain [5] - The company actively participates in the establishment of industry standards, having contributed to the formulation of 3 industry standards and 11 group standards, thereby enhancing its professional influence [4] Group 4: Strategic Growth and Market Positioning - Boyuan Co., Ltd. maintains a cautious yet open approach to mergers and acquisitions, considering opportunities that align with its strategic goals to enhance core competitiveness [6] - The company has outlined a clear roadmap for high-quality development during the 14th Five-Year Plan period, focusing on talent, R&D, market expansion, governance, and green development [6] - The company is committed to integrating into local industrial layouts and development plans, promoting sustainable practices through increased environmental investment and resource recycling [7]

"随着行业集中度的不断提高，下游大型封测厂或芯片设计公司对供应商的要求水涨船高。无论是在技 术指标的精密度，还是质量的稳定性，乃至供应规模的保障能力上，都设立了更高的门槛。"新恒汇董 事长任志军坦言，面对激烈的行业竞争，唯有掌握核心技术，才能立于不败之地。 面向即将到来的"十五五"时期，新恒汇（301678）已绘制了清晰的发展蓝图。 当前，在国产芯片加速自主化的宏大背景下，集成电路封装材料作为产业链的关键一环，正迎来前所未 有的发展机遇。作为一家集芯片封装材料研发、生产与销售为一体的集成电路企业，新恒汇凭借在蚀刻 引线框架等核心领域的深耕细作与技术突破，展现出强劲的市场竞争力。 作为今年刚登陆资本市场的行业新锐，新恒汇以其硬核的技术实力与清晰的战略布局，成为观察山 东"芯"力量崛起的绝佳窗口。 核心技术构筑行业护城河 面对生成式AI等新兴产业蓬勃发展带来的算力需求爆发，以及为打破高端芯片依赖进口的行业现状， 国内产业链正加速自主化进程。引线框架作为芯片封装的关键基础材料，是实现这一目标不可或缺的重 要一环。 新恒汇在今年成功登陆资本市场，这不仅是企业发展史上的里程碑，更为其高质量发展注入了新动力。 "公司上市 ...