中国经济网北京8月4日讯 深交所今日公告，黑芝麻(000716.SZ)拟筹划控制权变更事项，根据深交 所《股票上市规则》和《上市公司自律监管指引第6号——停复牌》的有关规定，经公司申请，公司股 票(证券简称：黑芝麻，证券代码：000716)于2025年8月4日开市起临时停牌，待公司通过指定媒体披露 相关公告后复牌，敬请投资者密切关注。 ...

Core Viewpoint - The event hosted by Tsinghua University Internet Industry Research Institute focused on the launch of the DataRocks trusted data space product solution, addressing the core pain points in the current data factor market and promoting the safe circulation of massive data [2][4]. Group 1: Policy and Market Demand - The era of developing trusted data resources for urban construction has begun, with the key to digital urban development being the development of the data factor market [5]. - The DataRocks solution aims to overcome three major barriers in data value release: invisible cross-domain data, inaccessible high-value resources, and sensitive data that is not utilized [5]. - The National Data Bureau's action plan aims to establish over 100 trusted data spaces by 2028, emphasizing the need for trusted control, resource interaction, and value co-creation [5]. Group 2: Core Technical Advantages of DataRocks - DataRocks leverages Tsinghua University's research in trusted data spaces and combines it with Bubi Technology's blockchain, privacy computing, and DID (Decentralized Identity) technologies to create its core capabilities [6]. - The solution utilizes a fully controllable blockchain platform to ensure data transaction integrity through on-chain evidence and smart contracts [7]. - Privacy computing technology allows for controlled data sharing, ensuring data sovereignty while releasing data value [8]. - The integration of DID with CA technology provides a unique global identifier for data subjects, enhancing identity security and facilitating safe data circulation [9]. Group 3: Key Functions of DataRocks - DataRocks encompasses a comprehensive product design that covers the entire data circulation chain, including trusted infrastructure, connectors, and data services [13]. - Key functionalities include DID identity management, data encapsulation and secure publishing, smart contract signing, and full lifecycle traceability, creating a closed loop for data value circulation based on trusted governance [13]. Group 4: Application Cases - The DataRocks solution has supported the construction of multiple trusted data spaces, providing end-to-end support from data registration to security supervision [14]. - In industry-specific applications, it connects banks and government entities, utilizing privacy computing to combine loan data with social security and business data for enterprise credit scoring, with over 10 banks already integrated [14]. Conclusion - The DataRocks solution represents a significant breakthrough in building trusted infrastructure and exploring intelligent production and living models, transforming dormant resources into powerful drivers for an intelligent society [15].

中国经济网北京8月4日讯佳创视讯（300264）(300264.SZ)昨日发布关于筹划公司控制权变更事项的停 牌公告。 佳创视讯收到控股股东、实际控制人陈坤江通知，近日陈坤江正在筹划其所持有公司股份协议转让相关 事项，该事项可能导致公司控股股东及实际控制人发生变更。目前，各方主体正在就具体交易方案、协 议等相关事项进行论证和磋商，具体情况以各方签订的相关协议为准。 佳创视讯表示，鉴于上述事项尚存在重大不确定性，为保证公平信息披露，维护投资者利益，避免造成 公司股价异常波动，根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管 指引第6号——停复牌》等的有关规定，经公司向深圳证券交易所申请，公司股票(股票简称：佳创视 讯，股票代码：300264)自2025年8月4日(星期一)开市起停牌，预计停牌时间不超过2个交易日。 佳创视讯提示称，本次交易事项能否最终实施完成及实施结果尚存在不确定性。敬请广大投资者关注后 续公告，并注意投资风险。 ...

Summary of Key Points Core Viewpoint - In the first seven months of 2025, a total of 59 new companies were listed on the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange, raising a total of 59.116 billion yuan in funds [1]. Group 1: Listing Overview - 22 companies were listed on the main board, 22 on the ChiNext board, 8 on the Sci-Tech Innovation board, and 7 on the Beijing Stock Exchange [1]. - The listed companies are distributed across 15 provinces, municipalities, and autonomous regions, with Jiangsu, Guangdong, and Zhejiang having the highest number of listings [1][2]. Group 2: Fundraising by Province - Jiangsu Province had 14 companies listed, raising a total of 59.27 billion yuan [2]. - Guangdong Province had 12 companies listed, raising a total of 86.10 billion yuan [2]. - Zhejiang Province had 10 companies listed, raising a total of 96.93 billion yuan [2]. - Anhui Province had 5 companies listed, raising a total of 31.53 billion yuan [2]. Group 3: Top Fundraising Companies - The top five companies by fundraising amount are: - Huadian New Energy: 15.801 billion yuan [1][4] - Zhongce Rubber: 4.066 billion yuan [1][6] - Tianyouwei: 3.740 billion yuan [1][8] - Yitang Co., Ltd.: 2.497 billion yuan [1][5] - Yingshi Innovation: 1.938 billion yuan [1][6].

中国经济网北京8月3日讯深圳证券交易所网站8月1日发布公告称，深圳证券交易所上市审核委员会2025 年第13次审议会议于2025年8月1日召开，审议结果显示，锦浪科技（300763）股份有限公司(以下简 称"锦浪科技"，300763.SZ)(向不特定对象发行可转债)符合发行条件、上市条件和信息披露要求。 上市委会议现场问询的主要问题： 无。 需进一步落实事项： 本次发行可转换公司债券每张面值为100元，按面值发行。 无。 根据锦浪科技于2025年7月21日披露的2025年度向不特定对象发行可转换公司债券募集说明书(修订 稿)，本次向不特定对象发行可转债募集资金总额不超过人民币167,658.38万元(含本数)，扣除发行费用 后募集资金净额将投资于分布式光伏电站项目、高电压大功率并网逆变器新建项目、中大功率混合式储 能逆变器新建项目、上海研发中心建设项目、数智化提升项目和补充流动资金项目。 锦浪科技本本次可转债的发行对象为持有中国证券登记结算有限责任公司深圳分公司证券账户的自然 人、法人、证券投资基金、符合法律规定的其他投资者等(国家法律、法规禁止者除外)。 锦浪科技本本次向不特定对象发行可转换公司债券的保荐机 ...

中国经济网北京8月3日讯福能股份（600483）(600483.SH)8月1日晚间披露关于向不特定对象发行可转 换公司债券申请获得上海证券交易所上市审核委员会审核通过的公告。 福能股份本次可转债的发行对象为持有中国证券登记结算有限责任公司上海分公司证券账户的自然人、 法人、证券投资基金、符合法律规定的其他投资者等(国家法律、法规禁止者除外)。本次可转债每张面 值为100元人民币，按面值发行。 上海证券交易所上市审核委员会于2025年8月1日召开2025年第28次审议会议，对福能股份向不特定对象 发行可转换公司债券的申请进行了审议。根据会议审议结果，福能股份本次向不特定对象发行可转换公 司债券的申请符合发行条件、上市条件和信息披露要求。 福能股份表示，公司本次向不特定对象发行可转换公司债券事项尚需获得中国证券监督管理委员会(以 下简称证监会)作出同意注册的决定后方可实施。本次发行最终能否获得证监会同意注册的决定及其时 间尚存在不确定性。 根据福能股份于2025年2月28日披露的向不特定对象发行可转换公司债券募集说明书(申报稿)，该公司 本次向不特定对象发行可转债拟募集资金总额不超过人民币380,200.00万元 ...

Group 1 - The company reported a revenue of 688 million yuan for the first half of 2025, a year-on-year decrease of 2.80% [1] - The net profit attributable to shareholders was -2.95 million yuan, compared to a profit of 38.24 million yuan in the same period last year [1] - The net cash flow from operating activities was -181 million yuan, down from 68.55 million yuan in the previous year [1] Group 2 - The company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 17, 2020, with an initial public offering of 25 million shares at a price of 14.69 yuan per share [1] - The total amount raised from the IPO was 367 million yuan, with a net amount of 324 million yuan after deducting issuance costs [1] - The company planned to raise 500 million yuan for the construction of a 30,000-ton high-end graphite anode material production base [1] Group 3 - In 2022, the company issued 5,841,741 shares to specific investors at a price of 37.66 yuan per share, raising a total of approximately 220 million yuan [2] - After deducting issuance costs, the net amount raised was approximately 217 million yuan [2] - The funds were verified by an accounting firm and transferred to the company's designated account [2] Group 4 - In 2023, the company issued 8 million convertible bonds at a face value of 100 yuan each, raising a total of 800 million yuan [3] - After deducting issuance costs, the net amount raised was approximately 791 million yuan [3] - The total amount raised from the three fundraising activities combined is approximately 1.387 billion yuan [3]

Core Viewpoint - Hendi Pharmaceutical (301211.SZ) reported a decline in revenue and net profit for the first half of 2025, indicating ongoing financial challenges for the company [1] Financial Performance - For the first half of 2025, the company achieved operating revenue of 235 million yuan, a year-on-year decrease of 2.93% [1] - The net profit attributable to shareholders was 18.55 million yuan, down 72.92% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 4.42 million yuan, a decline of 93.21% year-on-year [1] - The net cash flow from operating activities was 8.40 million yuan, down 73.71% year-on-year [1] - In 2024, the company reported operating revenue of 446 million yuan, a decrease of 32.75% year-on-year [1] - The net profit attributable to shareholders for 2024 was 91.55 million yuan, down 48.02% year-on-year [1] - The net profit after deducting non-recurring gains and losses for 2024 was 72.95 million yuan, a decline of 57.14% year-on-year [1] - The net cash flow from operating activities for 2024 was 96.07 million yuan, down 29.91% year-on-year [1] IPO and Fundraising - The total amount raised from the initial public offering (IPO) was 1.548 billion yuan, with a net amount of 1.401 billion yuan, exceeding the original target by 210 million yuan [2] - The company initially planned to raise 1.19 billion yuan for various projects, including the production of ibuprofen and other active pharmaceutical ingredients [2] - The IPO expenses amounted to 147 million yuan, with underwriting fees of 132 million yuan [2] Stock Actions - On May 24, 2023, the company announced a stock bonus plan of 2 shares for every 10 shares held, along with a pre-tax dividend of 4 yuan [3] - On August 1, 2025, the company announced a new stock bonus plan of 4.5 shares for every 10 shares held [4]

Summary of Key Points Core Viewpoint - The recent administrative penalties disclosed by the National Financial Supervision Administration highlight significant compliance issues across various financial institutions, including banks and insurance companies, leading to substantial fines and operational restrictions. Group 1: Bank Penalties - China Agricultural Development Bank was fined 10.2 million yuan for non-compliance in loan management and fund allocation [2] - Minsheng Bank's two branches were collectively fined 1.5 million yuan for inadequate loan management practices, with specific fines of 950,000 yuan and 550,000 yuan for its Haikou and Sanya branches respectively [2] - Guangyin Wealth Management was penalized with a total of 11.6 million yuan for irregular investment operations and data management issues [2] Group 2: Insurance Company Penalties - Huaxia Life Insurance was stripped of its business license due to serious violations including false reporting and mismanagement of client information, resulting in penalties against 23 responsible individuals totaling 2.32 million yuan [3][4] - China Dadi Property Insurance was fined 4.73 million yuan for inaccuracies in financial reporting and improper client information management [7] - Guoyuan Agricultural Insurance was fined 3.4 million yuan for similar reporting inaccuracies and failure to comply with regulatory requirements [8] Group 3: Individual Accountability - Multiple senior executives from Huaxia Life Insurance, including former chairman Li Fei and former general manager Zhao Ziliang, faced severe penalties including lifetime bans from the insurance industry [4][3] - Other insurance companies also saw penalties against their responsible personnel, with fines totaling 70,000 yuan for various violations [8]

Core Insights - The ratio of total logistics costs to GDP in China decreased to 14% in the first half of the year, reflecting improved supply chain efficiency and resulting in savings of over 130 billion yuan [1][2][3] - The government aims to reduce this ratio to approximately 13.5% by 2027 through comprehensive reforms and initiatives [1][2] Group 1: Logistics Cost Reduction - The total logistics costs saved in the first half of the year exceeded 130 billion yuan, indicating a significant reduction in logistics expenses relative to GDP [1] - The decrease of 0.1 percentage points in the logistics cost ratio suggests enhanced supply chain collaboration, benefiting the real economy [1][2] - The government has outlined a plan to further reduce logistics costs through reforms in transportation systems and the integration of supply chains [1][3] Group 2: Digital and Green Transformation - The logistics industry is undergoing fundamental changes due to digitalization and green initiatives, with companies optimizing management systems and reducing empty transport rates [2] - The adoption of automated warehousing and new energy transport tools has significantly lowered overall energy consumption [2] - Continuous efforts are needed to implement policies aimed at reducing logistics costs, as the current ratio still falls short of the set targets [2][3] Group 3: Structural Challenges and Future Directions - China's logistics costs remain higher than the average of developed countries, necessitating the removal of bottlenecks in cross-border logistics and multimodal transport [3] - Future focus should be on enhancing railway freight volumes and optimizing waterway transport, alongside investment in key infrastructure [3] - Local targets, such as Shanghai's goal of reducing the logistics cost ratio to below 12% by 2027, provide a buffer for national averages and encourage overall cost reduction [3]