Group 1 - The core viewpoint of the news is that the Shanghai State-owned Assets Supervision and Administration Commission and the Shanghai Stock Exchange held a performance briefing for state-controlled listed companies, focusing on their operational performance and future strategic planning [1] - DataPort's President emphasized the importance of maintaining strategic determination and practical execution for sustainable development, aligning with national digital economy strategies and state-owned enterprise reforms [1] - DataPort's management highlighted significant improvements in operational performance, management quality, and operational efficiency for 2024, driven by the implementation of intelligent management platforms [1] Group 2 - In response to being recognized as a "Double Hundred Enterprise," DataPort plans to propose multiple reform measures focusing on strategic customer foundations and innovative development solutions [2] - DataPort's financial director stated that the company prioritizes shareholder returns and will implement a profit distribution policy in accordance with relevant regulations [2] - The company aims to deepen its integration into the national digital economy strategy, capitalizing on the growing demand for data centers driven by the rise of generative artificial intelligence [2]

责任编辑：刘万里 SF014 若上游硅料挺价，将对下游组件价格产生什么影响？某光伏组件龙头企业人士告诉中国证券报记者，若 上游硅料企业率先减产挺价，价格向下传导，组件可能会因此涨价，有利于行业整体复苏。不过，从开 工率状况来看，现阶段依靠上游调节价格的力量有限。光伏行业现阶段的核心问题是供需错配叠加终端 市场增量不及预期。若要改变光伏行业增收不增利的情况，还需要积极发挥市场优胜劣汰的调节机制， 加速落后产能出清才能逐渐回归供需平衡。 中信建投证券研报认为，从2024年年报及2025年一季报情况来看，光伏行业盈利能力明显回落，光伏行 业报表端底部已经出现，四季度大量固定资产减值以及一季度东南亚双反影响已体现至报表，预计盈利 能力进一步恶化概率较小。从产能端来看，行业扩产意愿受低盈利影响已明显下降，固定资产增速预计 未来一年将大幅回落，但存量产能仍明显高于需求。研报认为，后续需要重点关注上游去库以及产能出 清进度。目前电池环节仍存在一定技术迭代，现金紧张的企业后续无法进行TOPCon改造升级或者BC产 能建设，无法进行升级的TOPCon产能会逐步难以获取订单，并被淘汰出市场，从而实现电池环节的产 能出清。 5月1 ...

Core Viewpoint - The recent recovery in equity markets has led to increased interest in "fixed income +" products, particularly low-volatility variants that offer stable returns with lower drawdowns [1][2] Group 1: Product Overview - The Zhongtai Shuangxin 6-Month Bond Fund (Class A: 023214, Class C: 023215) was launched on May 14, focusing on high-quality bonds as underlying assets, with a maximum of 20% allocated to equity assets [1] - The fund aims to achieve long-term returns exceeding the average fixed income yield while controlling drawdowns through hedging tools [1][3] - A 6-month holding period is set to stabilize fund size and reduce the impact of daily redemptions, allowing for a more strategic long-term investment approach [1] Group 2: Management Team - Fund managers Cheng Bing and Shang Yuanbo have over ten years of experience in securities research and investment, previously managing the Zhongtai Shuangli Bond Fund, which has shown strong performance [2][4] - The Zhongtai Shuangli Bond Fund's Class A net value growth rate reached 9.97% as of March 31, 2025, outperforming its benchmark by 4.04% [2] Group 3: Risk Management and Strategy - The focus of low-volatility "fixed income +" products is on risk-return characteristics rather than just yield, aiming for drawdown control similar to pure bond funds while achieving slightly better long-term returns [3] - Over 80% of the fund's capital will be invested in high-grade credit bonds and interest rate bonds, with equity investments limited to 20% in well-governed industry leaders [3] Group 4: Performance Metrics - The Zhongtai Shuangli Bond Fund has demonstrated superior drawdown management, with a maximum drawdown of only 0.66%, significantly better than the mixed bond index (4.25%) and pure bond index (1.31%) [2][4]

新疆美盛的核心资产为新源县卡特巴阿苏金铜多金属矿项目，该项目已探明矿石总量高达2567万吨，其 中金资源量达到78.7吨。按照规划，项目达产后，每日生产规模可达4000吨，预计年产矿石120万吨， 可产出金金属约3.3吨。新疆有色同时承诺在矿山实现正式生产经营、产生业务收益前，根据上市公司 监管规则和国资监管要求，以国有资产管理部门核准或备案的评估结果为基础，在不高于承诺人收购及 培育资产的相关成本的前提下，双方协商确定转让价格由西部黄金优先购买相关资产，最大程度上保障 了西部黄金的权益。 新疆美盛预计2025年下半年投产，新疆有色为履行其前期作出的承诺，妥善解决潜在的同业竞争问题， 同时在西部黄金看好该矿山项目发展前景的前提下，双方同意西部黄金以现金方式收购新疆有色持有的 新疆美盛100%的股权。从西部黄金的战略布局来看，此次收购与公司的整体发展战略高度契合。新疆 美盛具有优质的资源禀赋以及良好的发展前景，一旦收购顺利完成，西部黄金将有效扩充黄金资源储 备，提升黄金及相关产品的生产能力，还将进一步优化西部黄金的产业布局，增强其在市场中的综合竞 争力、增厚业绩，为股东创造更为丰厚的价值回报。 中证报中证网讯( ...

申万宏源证券认为，此次出台的丰富科技创新债券产品体系和完善科技创新债券配套支持机制的一系列 举措，拓宽了科技创新企业融资渠道，有利于激发科技创新动力和市场活力，助力培育新质生产力。发 行科技创新债券为公司支持科技创新、服务新质生产力提供了新的方式，通过向科技创新公司提供发展 必要的资金支持，助力科技创新公司提升市场竞争力和综合实力，推动相关科技创新领域产业加快发 展。 申万宏源证券表示，未来将继续紧跟政策动向，聚焦主责主业，发挥专业优势，切实提高科技金融服务 质效，为做好金融科技大文章、助力培育新质生产力贡献力量。 中证报中证网讯(记者林倩)近日中国人民银行、中国证监会联合发布《关于支持发行科技创新债券有关 事宜的公告》，对支持科技创新债券发行提出多项重要举措，包括支持金融机构、科技型企业、私募股 权投资机构和创业机构发行科技创新债券。同时，深交所发布《关于进一步支持发行科技创新债券服务 新质生产力的通知》，明确将进一步拓宽发行主体和募集资金使用范围，简化信息披露安排，完善配套 支持机制。中国证券报记者从申万宏源证券（000562）获悉，公司积极响应，于5月9日作为首批券商在 深交所成功簿记发行科技创新公司债 ...

中证报中证网讯(记者黄灵灵)日前，由深交所基金管理部主办，富国基金参与的"走进成份股公司.新希 望站"活动在成都举行，30余位投资者代表走进新希望，旨在全面了解该公司在农牧食品生产领域的核 心竞争力，精准洞察其中蕴含的投资潜力。 深交所基金部有关负责人表示，深交所坚持以投资者为中心，以投资者需求为导向，开展"走进成份股 公司"特色活动，旨在培育成熟理性投资者群体，推广指数化投资理念，更好满足投资者需求。 未来，深交所将携手市场各方推动ETF市场在产品创新、服务提升和一线监管等方面迈向更高水平，持 续推广核心ETF单品定投策略和ETF组合定投策略案例，开展全渠道、场景化定投策略投资者服务活 动，为资本市场健康发展提供新动能，为实体经济高质量发展提供有力支撑，为广大投资者创造更好的 投资服务和价值。 交流座谈会上，新希望董事会秘书赵亮表示，公司凭借全产业链优势降本增效显著。目前，公司积极运 用现代技术选育生猪种源，将人工智能运用到冷链配送，研究饲用蛋白减量替代、从源头上降低进口依 赖保障粮食安全，加快培育发展新质生产力。 深交所基金部相关负责人介绍了深市ETF的规模、特点以及ETF定投策略的案例。富国基金基金经理 ...

中证报中证网讯（王珞）2025年5月8日，国际权威品牌评估机构Brand Finance发布《2025全球轮胎品牌 价值25强》榜单，中国轮胎领军品牌玲珑轮胎（601966）再度强势登榜，成为榜单中唯一连续六年入围 的中国企业。 展望未来，公司正走在从"技术出海"到"品牌出海"的进阶之路。在行业整体增速放缓背景下，玲珑轮胎 凭借绿色技术突破与全球化战略深化，交出逆势增长的亮眼答卷，带动2024年实现220.58营业收入，同 比增长9.39%，其中出口及海外销售营收同比增长14.19%。从中国制造到全球认可，玲珑轮胎用六年坚 守证明：创新是底色，责任是底气。未来公司将继续以"中国技术+全球资源"模式，加速向世界一流轮 胎品牌跃迁。 全球化产能落地，塞尔维亚基地筑牢欧洲"桥头堡"。2024年9月，玲珑轮胎塞尔维亚基地一期项目正式 量产，产品直供欧洲及周边市场。塞尔维亚基地的投产，标志着玲珑轮胎形成"泰国+塞尔维亚"双海外 基地布局，开拓全球消费市场。 体育营销破圈，欧洲豪门"铁三角"撬动全球品牌声量。玲珑轮胎持续深化"技术+体育"双IP战略，2024 年先后与英超切尔西、西甲皇家马德里达成全球合作伙伴关系，加之原 ...

Core Viewpoint - ZeRun New Energy is set to go public on the ChiNext board, focusing on providing integrated solutions for photovoltaic module junction boxes, which are essential components in solar power systems [1] Group 1: Company Overview - ZeRun New Energy specializes in the fields of new energy electrical connections, protection, and intelligent technology, recognized as a high-tech enterprise and a national-level "little giant" [1] - The company has built a comprehensive technical reserve in the junction box sector and the new energy vehicle sector, allowing it to cater to diverse application scenarios and technical routes [2] Group 2: Research and Development - The company adopts a forward-looking R&D model based on industry trends and market demand, emphasizing innovation to ensure continuous improvement in its R&D capabilities [2] - ZeRun has accelerated the development of connection and protection products for new energy vehicles, leveraging its technology in junction boxes to create new profit growth points [3] Group 3: Market Performance - The company has shown steady performance with increasing market share, reporting revenues of 522 million yuan, 844 million yuan, and 876 million yuan for 2022, 2023, and 2024 respectively [5] - ZeRun's products have gained recognition from leading photovoltaic companies, establishing strong partnerships and expanding its customer resource base [5] Group 4: Future Strategy - The funds raised from the IPO will be invested in expanding production capacity for junction boxes, developing auxiliary power battery boxes for new energy vehicles, and enhancing R&D capabilities [4] - The company aims to strengthen its competitive edge in the photovoltaic junction box market while expanding into the new energy vehicle sector to create new business growth points [3][4]

中证报中证网讯(记者周璐璐)近日，中节能风力发电股份有限公司2025年面向专业投资者公开发行科技 创新公司债券(第一期)在上海证券交易所成功发行。本期债券发行规模10亿元，发行期限5年期，全场 认购倍数1.68倍，票面利率为2.27%。本期债券由中信建投（601066）证券担任牵头主承销商及簿记管 理人、中信证券担任联席主承销商。 节能风电（601016）是中国节能环保集团有限公司战新产业（300832）新能源重要平台企业，是国内资 本市场以风电运营为主业的上市公司，是国内中证500、上证380指数成分股中国节能环保集团有限公司 控股的现代股份制公司。 上市10余年来，节能风电成功中标并示范建设了国家第一个百万和千万千瓦级风电基地启动项目，全面 布局国内风资源优势区，在服务国家建设绿色低碳的粤港澳大湾区，建成中国节能首个海上风电项目 ——阳江南鹏岛海上风电项目；瞄准国际市场，落地了中国节能首个海外风电项目——澳洲白石风电 场，目前项目遍布全国14个省、市、自治区以及海外市场澳大利亚，拥有建成、在建及筹建风电项目总 装机突破800万千瓦，已发展成为专注于专业化、国际化的绿色能源服务商，在业内树立了较高知名度 和 ...

Group 1: Company Performance and Financials - In 2024, the company achieved operating revenue of 2.371 billion yuan and a net profit attributable to shareholders of 216 million yuan, with cash flow from operating activities increasing by 83.14% to 199 million yuan [2] - The company aims to maintain high-quality development despite challenges from rising raw material prices, focusing on product-centric strategies and diversifying its product portfolio [2][3] Group 2: Innovation and R&D - The company is actively developing its stem cell research, with ongoing clinical trials for treatments related to ischemic stroke and autoimmune diseases, having enrolled 31 and 8 participants respectively [3] - A GMP-compliant stem cell R&D production base has been established, meeting both Chinese and U.S. drug application standards, and the company has received CNAS certification [3] Group 3: Shareholder Returns - The company announced a cash dividend of 3 yuan per 10 shares for the 2024 fiscal year, with the dividend record date on May 7 and payment on May 8 [4] - Cumulatively, the company has distributed over 4 billion yuan in dividends since its listing [5] Group 4: Corporate Governance - In January, the company underwent a change in control, with the Heilongjiang Provincial State-owned Assets Supervision and Administration Commission becoming the new actual controller, which is expected to enhance operational efficiency and market competitiveness [6]