Core Viewpoint - Jiangsu Province is implementing a large-scale equipment update and consumer goods trade-in policy starting in 2026, aimed at promoting economic growth and enhancing consumer spending through various subsidies and support measures [1][2][3][4]. Group 1: Large-Scale Equipment Update - The policy expands support for equipment updates to include new sectors such as old residential elevators, elderly care facilities, fire rescue equipment, inspection and testing, video security, and commercial facilities like shopping centers and supermarkets [1] - There is a focus on updating elevators that are over 15 years old, with priority given to those over 20 years old, and increased support for small and medium-sized enterprises [1] - The investment threshold for applying for equipment update projects will be lowered, and the review process will be optimized [1] Group 2: Consumer Goods Trade-In - The policy supports the scrapping and updating of vehicles, providing a one-time subsidy for individuals who scrap eligible gasoline and diesel vehicles, as well as certain new energy vehicles [2] - For scrapped vehicles replaced with new energy vehicles, a subsidy of 12% of the vehicle price (up to 20,000 yuan) is offered, while for fuel vehicles with an engine size of 2.0 liters or less, the subsidy is 10% (up to 15,000 yuan) [2] - Consumers can receive subsidies for trading in old appliances like refrigerators, washing machines, and air conditioners, with a 15% subsidy on the purchase price (up to 1,500 yuan) for energy-efficient products [3] Group 3: Recycling and Circular Economy - The policy aims to enhance recycling networks and support high-level recycling projects through long-term special government bond funding [4] - It promotes the establishment of a three-tier recycling system for renewable resources and encourages the development of "Internet + second-hand" models [4] - There is a focus on regulating the trading of second-hand goods and the remanufacturing of used equipment, ensuring that remanufactured products meet quality and safety standards [4]

人民财讯1月23日电，华泰证券（601688）1月23日公告，经董事会审议通过，同意向全资子公司华泰国 际金融控股有限公司（简称"华泰国际"）增资不超过90亿港元，用于支持各项境外业务发展。华泰国际 是华泰证券国际业务的控股平台，2025年上半年共实现营收37.62亿港元，实现净利润11.45亿港元，是 其集团业绩的主要贡献来源之一。 ...

Market Performance - The three major A-share indices collectively rose on January 23, with over 3,900 stocks closing higher, including 121 stocks hitting the daily limit up [1] - For the week, the Shanghai Composite Index increased by 0.83%, the Shenzhen Component Index rose by 1.11%, while the ChiNext Index fell by 0.34% [2] Weekly Stock Performance - Over 4,200 stocks rose this week, with 35 stocks gaining over 30%. The largest increase was seen in *ST Lifan, which surged by 95.52% [3] - Other notable gainers included *ST K Pharmaceutical and Fenglong Co., which both saw increases exceeding 50% [3] - The power equipment sector had 10 stocks listed among those with over 30% gains, while the machinery and non-ferrous metals sectors had 4 stocks each [3] Top Gainers - The top gainers for the week included: - *ST Lifan: 95.52% increase, closing at 1.31 yuan [4] - *ST K Pharmaceutical: 70.37% increase, closing at 0.92 yuan [4] - Fenglong Co.: 61.08% increase, closing at 99.53 yuan [4] - Other significant gainers included companies in construction decoration and power equipment sectors [4] Weekly Decliners - Among the stocks that declined, 46 stocks fell by over 10%, with Koma Materials dropping over 30% [5] - Other notable decliners included Silin Jie and Bofei Electric, which saw declines of over 24% [5] Institutional Activity - Institutions were active in the market, with 160 stocks appearing on the institutional leaderboard, net buying 102 stocks and net selling 58 stocks [7] - The highest net buying was seen in Shengxin Lithium Energy, which rose by 26.38% with a net institutional purchase of approximately 638.55 million yuan [9] - Other stocks with significant institutional net buying included Quanfeng Technology and Hunan Silver, with net purchases of 604.81 million yuan and 352.97 million yuan, respectively [9] Notable Announcements - Shuaifeng Electric announced an expected net loss of 43 million to 62 million yuan for 2025, with projected revenue between 210 million to 250 million yuan [12] - Anqi Yeast plans to invest 222 million yuan in a new green manufacturing project for yeast products [13] - Construction Machinery expects a net loss of approximately 2.072 billion yuan for 2025, attributed to a downturn in the tower crane rental market [13] - Aerospace Electric anticipates a net loss of 39 million to 58 million yuan for 2025, impacted by industry overcapacity and competitive pressures [13] - Lisheng Pharmaceutical forecasts a net profit of 400 million to 440 million yuan for 2025, representing a year-on-year increase of 116.77% to 138.44% [14]

人民财讯1月23日电，中国人寿(601628)1月23日公告，公司拟与国寿启远(北京)养老产业投资管理有限 公司("国寿启远")(作为普通合伙人)于2026年9月30日前订立合伙协议，藉以成立北京国寿养老产业股权 投资基金二期(有限合伙)。合伙企业全体合伙人认缴出资总额为85亿元，其中，公司认缴出资额为 84.915亿元，国寿启远认缴出资额为850万元。国寿股权投资有限公司将作为合伙企业的管理人。 ...

人民财讯1月23日电，中国人寿（601628）1月23日公告，公司与上海浦东引领区投资中心、上海国投先 导人工智能私募投资基金合伙企业及国寿基础设施投资管理有限公司(各方均作为有限合伙人)，拟与创 智和瑞(上海)企业管理有限公司(作为普通合伙人)及领智盈(上海)企业管理合伙企业(作为特殊有限合伙 人)订立合伙协议，以成立汇智长三角(上海)私募基金合伙企业(有限合伙)。合伙企业全体合伙人认缴出 资总额为50.515亿元，其中，中国人寿认缴出资额为40亿元。国寿资本投资有限公司将作为合伙企业的 管理人。基金拟以人工智能引导"科技创新、产业升级"为主线，与上海市和浦东新区市区两级开展合 作，以参股型私募股权投资方式，重点投向人工智能技术和相关应用，以及包括集成电路、生物医药等 其他各类科技创新产业（300832），有助于提升保险资金投资收益，符合保险资金配置需求。 ...

转自：证券时报 人民财讯1月23日电，建设银行(601939)1月23日公告，为进一步整合项目资源，优化运营管理，"建信 建融家园租赁住房封闭式基础设施证券投资基金（REIT）"项目的基金管理人和专项计划管理人已向中 国证监会、上海证券交易所申请撤回该项目基金注册、上市及资产支持专项计划挂牌转让申请等材料。 本次终止申报审核，不会对该行的经营活动和财务状况产生不利影响。 ...

人民财讯1月23日电，华泰证券（601688）1月23日公告，根据第七届董事会第一次会议决议，同意选举 王会清为公司第七届董事会董事长，任期三年。华泰证券董事会和高管团队也就此完成换届。其中，周 易再度被聘为公司首席执行官及执行委员会主任，韩臻聪、姜健、张辉、陈天翔、焦晓宁、王宇捷被聘 任执行委员会委员。 ...

经财务部门初步测算，公司2025年度预计实现营业收入31.53亿元，同比增长35.81%；盈利端虽仍处于亏损状态，但亏损幅度显著收窄：预计归属 于母公司所有者的净利润为-4.49亿，较上年同期亏损收窄比例达25.29%；归属于母公司所有者扣除非经常性损益后的净利润亏损同比收窄 2.49%。 报告期内，公司各板块均实现不同程度增长。其中量产业务表现尤为突出，预计收入同比增长73.98%；芯片设计业务收入同比增长20.94%，特许 权使用费、知识产权授权使用费收入均同比增长。细分领域中，数据处理领域成为核心增长引擎，预计全年营业收入同比增长超95%，收入占比 约34%。 订单层面，公司2025年呈现爆发式增长态势。单季度新签订单三次突破历史新高，其中四季度订单较三季度增长70.17%。全年新签订单总额达 59.6亿元，同比激增103.41%，其中AI算力相关订单占比超73%，数据处理领域订单占比超50%。 A股半导体IP供应商芯原股份(688521)1月23日晚间发布2025年年度业绩预告公告显示，去年公司全年业绩呈现营收大幅增长、亏损明显收窄的态 势，在手订单规模持续扩大，AI算力相关订单占比超73%，数据处理 ...

Core Viewpoint - Jiangbolong, a major storage module manufacturer in A-shares, has finalized an inquiry transfer agreement, raising approximately 2.67 billion yuan through the participation of 54 institutional investors, including foreign capital, insurance funds, and well-known quantitative private equity firms [1][2]. Group 1: Share Transfer Details - The share transfer involves a total of 12.5744 million shares, accounting for 3% of the company's total share capital [1][2]. - The initial transfer price was set at 212.09 yuan per share, which received strong market interest, resulting in 63 valid bids during the inquiry period and an additional 44 bids during the supplementary subscription period [2]. - The largest buyer, UBS AG, acquired 0.458% of the shares for 407 million yuan, followed by Taikang Asset Management and Caitong Fund, with notable participation from Shanghai Jinde Private Fund Management Co., Ltd. [2]. Group 2: Shareholder Background and Future Plans - The sellers are employee stock ownership platforms established before Jiangbolong's IPO, and they have released their unified action relationship with the controlling shareholder [2]. - The controlling shareholder and key executives have committed not to participate in this inquiry transfer through the selling entities [2]. - In addition to this transfer, the selling entities plan to reduce their holdings by approximately 1.3073% between September and October 2025, potentially cashing out over 750 million yuan based on the average reduction price [3]. Group 3: Market Performance - Since September of the previous year, Jiangbolong's stock price has nearly tripled, with the latest price at 374 yuan per share and a market capitalization of 156.8 billion yuan [4].

Core Viewpoint - The domestic futures night market opened with most main contracts rising, indicating a positive trend in the market [1] Group 1: Market Performance - The main contracts for copper, fuel, ethylene glycol, bottle flakes, and PTA all increased by over 2% [1] - Shanghai tin and silver saw significant gains, rising over 4% [1] - Shanghai nickel also experienced a notable increase, rising over 3% [1]