转自：中证金牛座 ...

Group 1 - The core viewpoint of the articles highlights the transformation of two bond-type public collective products under Dongzheng Ronghui Asset Management into bond funds, marking a significant milestone in the compliance and transformation of securities asset management products ahead of the 2025 deadline [1][2] - As of the third quarter of 2025, the combined scale of the two products exceeds 9 billion yuan, setting a new record for the single transfer of non-financial public collective products [1] - Dongzheng Ronghui's collaboration with Dongcai Fund is attributed to the latter's strengthened fixed income research team and strong market performance of its bond products, particularly the "Dongcai Ruili Bond A" which achieved a 6.54% annual return in 2024 [2] Group 2 - The asset management industry is undergoing rapid consolidation, with nearly 100 public collective products still facing transformation as of early December 2025, indicating a shift from competition to collaboration between securities asset management and public funds [3] - The partnership between Dongzheng Ronghui and Dongcai Fund not only addresses compliance and product sustainability but also allows Dongzheng to focus resources on core business areas while enriching Dongcai's product line and increasing asset management scale [3] - The evolving landscape of asset management emphasizes the importance of specialized research capabilities, with public institutions expected to play a more significant role in the asset management ecosystem in the future [3]

Core Insights - Kuaijishan has entered a strategic partnership with Cattier, focusing on deep mutual learning in winemaking techniques and cultural promotion over the next decade [1] Group 1: Strategic Cooperation - The partnership will involve systematic collaboration on three levels: introducing Cattier's champagne products to the Chinese high-end liquor market, and bringing Kuaijishan's premium aged wines to France and Europe [1] - An annual technical exchange mechanism will be established, allowing winemakers and experts from both countries to discuss topics such as modern scientific interpretations of terroir, microbial community management during aging, and digital expressions of traditional winemaking techniques [1] - Both companies will jointly develop a "China-France Wine Culture Tasting Gift Box" aimed at global markets, to be distributed in major airport duty-free shops and high-end retail channels in both countries [1] Group 2: Historical Context - Kuaijishan Huangjiu was founded in 1743 and gained international recognition when its predecessor won the first international gold medal for Chinese liquor at the Panama-Pacific International Exposition in 1915 [2]

转自：中国证券报·中证网 在产品品质稳步筑牢的同时，方大特钢的市场销售也交出亮眼成绩单。今年1至11月，公司钢材产品工 程直销量较去年同期增长102.32%，其中10月份单月工程直销量创下年内新高，11月份更是创造了历年 来的单月销量最高纪录，标志着工程销售能力达到了新的高度。 面对复杂多变的市场环境，方大特钢营销团队坚守"以客户为中心"的服务理念，持续深耕终端工程项 目，精准把握市场节奏。通过优化资源配置、强化产销协同、提供个性化解决方案等一系列举措，企业 不断巩固和扩大市场份额，年内成功开拓10余家新的工程类客户，为工程直销量的稳步攀升奠定了坚实 基础。公司销售相关人员表示，下一步将以当前的市场佳绩为起点，深挖市场潜力，全力冲刺四季度， 为完成全年经营指标打好收官之战。 11月下旬，方大特钢收到江西省检验检测认证总院工业产品检验检测院出具的《产品质量监督抽查结果 通知单》，其生产的HPB300Φ10mm规格热轧光圆钢筋盘卷，在江西、湖北、湖南三省联动产品质量监 督抽查中各项指标全部合格，成功通过检验。 此次抽查由江西省检验检测认证总院工业产品检验检测院牵头组织三省质检机构开展，检验工作严格遵 循GB149 ...

Core Insights - E Fund has established a standardized full-process management mechanism for index fund management, leading the industry in tracking error control capabilities [1][2] - As of Q3 2025, E Fund's A-share ETFs have a scale-weighted tracking error of 0.14% relative to the total return index, ranking among the top in the industry [1] - The company has reduced management fees for over 110 index products to the lowest tier of 0.15% per year, enhancing cost efficiency for investors [1][2] Group 1 - E Fund's index products, including the Robot ETF and Hong Kong Stock Connect ETFs, have demonstrated leading tracking errors within their categories [1] - The company has implemented a liquidity compensation strategy through inquiry transfer, resulting in over 100 events in the A-share market this year, nearly doubling from the previous year [2] - E Fund's Star Market 50 ETF has achieved the highest excess returns among comparable products in the first three quarters of this year [2] Group 2 - The full-process management mechanism includes comprehensive research on index targets, investment methods, and operational scenarios, enhancing investment management efficiency [2] - The standardized management ensures stable operation of products across different market environments, translating professional capabilities into tangible value for investors [2] - The CSI 300 ETF has maintained stable operations since its listing in 2013, demonstrating the effectiveness of E Fund's management approach [2]

中证报中证网讯（记者 林倩）12月5日盘后，光大证券（601788）发布公告称，公司董事会审议通过了 《关于聘任公司副总裁的议案》，同意聘任李振宇为公司副总裁，自公司董事会审议通过之日起生效。 公告显示，李振宇曾任光大银行南京分行风险总监、副行长，光大金瓯资产管理有限公司董事、总经 理，杭州金瓯资产管理有限公司财务负责人、董事、经理、法定代表人等。 ...

此外，京东方氧化物（Oxide）技术也以"低功耗实现高性能、多场景适配"为核心竞争力，在低碳办 公、至臻电竞、创新显示等几大应用场景取得了重点突破。 京东方表示，未来，将继续以创新科技赋能千行万业，推动产业链上下游的协同发展与整体跃迁，助力 产业迈向更高质量、可持续的新阶段。 转自：中国证券报·中证网 中证报中证网讯（记者 万宇）12月5日，BOE（京东方）举办以"焕新·向创而行"为主题的年终媒体智享 会。本次活动聚焦显示技术的创新融合发展，BOE（京东方）高级副总裁、首席技术官刘志强出席并分 享了京东方在显示技术方面的最新布局及对产业生态的前瞻展望。 此次年终媒体智享会，京东方从AI、技术、生态、可持续四大维度全面解读了公司2026年的战略蓝 图。刘志强系统性阐述了京东方在显示领域的战略布局及创新成果。他表示，京东方始终保持对技术的 尊重和对创新的坚持，以"屏之物联"为引领，持续突破显示技术极限，全面升维视觉体验，引领行业 从"看得透彻"迈入"看得舒服、看得健康"的显示新纪元。未来，京东方也将与全球伙伴携手，通过技术 创新与产品迭代，共同探索显示技术的未来方向，推动产业生态链的高质量发展。 随着显示技术从" ...

中证报中证网讯（王珞）12月5日，北京怀柔科学城科学设施区域协同中心揭牌仪式暨科学设施推介会 在苏州市工业园区成功举办，北京市怀柔区人民政府副区长姚东晔出席会议并致辞，区政府相关部门、 怀柔科学城管理委员会有关处室负责同志，5家区属国有企业代表，长三角地区40余家高科技企业代表 和生物医药领域专家学者参加会议，一同见证怀柔科学城科学设施区域协同中心揭牌，共绘两地高科技 产业协同发展新蓝图。 怀柔区作为首都功能的重要承载地和生态涵养区，集怀柔科学城、国际会都、中国影都三张金名片于一 身。怀柔科学城作为全国四大综合性国家科学中心之一，担负着引领全球科学发展和前沿技术突破的重 大使命。北京怀柔科学城科学设施区域协同中心是怀柔区推动创新资源开放共享、促进跨区域协同发展 的重要平台。中心依托怀柔科学城世界级大科学装置集群的源头创新能力，系统推动重大科技基础设施 面向全国开放共享，着力打造跨区域协同创新的战略通道与示范平台。中心以精准对接苏州等产业聚集 地区的创新需求为切入点，将大科学装置的前沿发现与企业研发需求深度融合，贯通基础研究、技术研 发与产业转化的全链条，有效推动创新链、产业链与人才链的深度融合与双向赋能。这不 ...

中证报中证网讯 （记者 刘丽靓）在深化国企改革、培育新质生产力的时代浪潮中，国有资本运营公司 如何提升核心竞争力、打造世界一流企业？中国国新及所属企业以市场化、专业化实践作答：通过体系 化投资能力筑牢发展根基，借力深度数智融合重塑改革引擎，构筑协同开放生态凝聚共赢合力，在加快 建设世界一流企业的征程上迈出坚实步伐。 资本专业赋能筑牢产业升级硬支撑 建设世界一流企业，根基在于具备锻造卓越的专业能力。 国新基金坚持行研驱动投资，通过绘制重点领域产业图谱，系统梳理潜力赛道和项目清单，形成"央企 需求－细分赛道－具体项目"的投资方法，犹如为资本配置安装了"导航系统"，确保资金精准注 入"9+6"战略性新兴产业和未来产业的关键环节。 数据显示，中国国新对11支主动管理基金实缴出资超310亿元，成功引入外部资本约900亿元，其中非央 企投资人出资超740亿元。通过领投近130个项目，带动外部资本超1100亿元，合计实现近7倍的资本放 大效应，彰显专业运作的强大引力。在退出方面，国新基金在基金投资期即着手制定全生命周期退出规 划，目前已累计退出近600亿元，有效降低基金整体退出风险。 专业能力贯穿投资全生命周期。国新资产积 ...

Core Insights - The 2025 Bamboo Leaf Green Wine National Dealer Conference was held in Taiyuan, China, focusing on the future development of the Bamboo Leaf Green brand and its strategic vision for 2026 [1][4] - The conference emphasized the importance of collaboration among dealers, industry experts, and company leadership to enhance the brand's market presence and adapt to consumer trends [2][3] Group 1: Strategic Vision and Development - The chairman of Shanxi Xinghuacun Bamboo Leaf Green Industry Co., Ltd. presented a report outlining the strategic blueprint for 2026, focusing on practical actions and a dual-driven product strategy [2] - The company aims to leverage its core competitive advantages, including strong quality foundations, deep formula heritage, exquisite brewing techniques, and high brand recognition [3] - The conference highlighted the need to adapt marketing strategies to the emerging consumer demographics, particularly Generation Z and new middle-class consumers [3] Group 2: Industry Trends and Insights - Industry experts provided insights on the development trends of the liquor category, emphasizing health consumption and brand culture marketing as key factors for high-quality growth [2] - The Bamboo Leaf Green brand is positioned as a leader in the emerging low-alcohol, health-oriented beverage market, aiming to capture the attention of younger consumers [2][4] - The conference concluded with a collective commitment to high-quality development and a clear strategic roadmap for the future of Bamboo Leaf Green wine [4]