Domestic News - A total of 40 listed companies in the A-share market will have their restricted shares unlocked next week, with a combined market value of approximately 966.01 billion yuan. The companies with the highest unlock values include Times Electric (278.23 billion yuan), Southern Power Storage (230.81 billion yuan), and BGI Genomics (133.82 billion yuan) [1] - The unlock ratios for several companies exceed 50%, with Minshida at 66.23%, Southern Power Storage at 65.3%, Sailun Biotech at 59%, and Zhejiang Hengwei at 50.95% [1] International News - The 24th Economic Ministers' Meeting of the Shanghai Cooperation Organization (SCO) was held in Vladivostok, Russia, focusing on sustainable economic growth measures and planning for future regional economic cooperation [2] - The price of domestic gold jewelry has surpassed 1,060 yuan per gram, with brands like Chow Sang Sang and Lao Miao reporting increases in their gold prices [3] - The completion of the first main tower of the Zhuhai Bridge, which connects Zhoushan's Liuhong Island and Foduo Island, marks a significant milestone in infrastructure development, with a main span of 1,768 meters [3]

下周A股解禁市值逾960亿元。 9月5日晚间，*ST紫天(300280)发布公告，公司于9月5日收到深交所下发的《关于福建紫天传媒科技股份 有限公司股票终止上市的决定》，深交所决定终止公司股票上市交易。 | 代码 | 箇杯 | 解禁日期 | 解禁市值 | 解禁数量 | 解禁股占总股本 | | --- | --- | --- | --- | --- | --- | | | | | (亿元) | (万股) | 比例(%) | | 833394 | 民士达 | 2025/9/10 | 42.91 | 9686.00 | 66.23 | | 600995 南网储能 | | 2025/9/8 | 230.81 | 208690.42 | 65.30 | | 688163 | 赛伦生物 | 2025/9/11 | 15.46 | 6384.80 | 59.00 | | 301222 浙江恒威 | | 2025/9/9 | 15.49 | 5163.26 | 50.95 | | 688114 | 华大智造 | 2025/9/9 | 133.82 | 20017.75 | 48.06 | | 301110 | 青木科技 | ...

Summary of Key Points Core Viewpoint - The A-share market will see a significant unlock of restricted shares next week, with a total market value exceeding 96 billion yuan, which may impact stock prices of the affected companies [2]. Group 1: Unlock Scale and Impact - A total of 40 stocks will have their restricted shares unlocked from September 8 to 12, with a combined market value of 966.01 billion yuan [2]. - Among these, 12 stocks have an unlock market value exceeding 1 billion yuan, with notable companies like Times Electric, Southern Power Storage, and BGI Genomics having unlock values of 278.23 billion yuan, 230.81 billion yuan, and 133.82 billion yuan respectively [2][4]. Group 2: Unlock Proportions - Thirteen stocks have an unlock ratio exceeding 10%, indicating a potentially significant impact on their stock prices. Companies such as Minshida, Southern Power Storage, and Sailun Bio have unlock ratios above 50% [5]. - The highest unlock ratio is seen in Minshida at 66.23%, followed by Southern Power Storage at 65.30% and Sailun Bio at 59.00% [7]. Group 3: Company Performance - Times Electric's major shareholder, CRRC Zhuzhou Electric Locomotive Research Institute, will unlock approximately 590 million shares, accounting for 43.42% of its total share capital. The company reported a revenue of 12.214 billion yuan for the first half of 2025, a year-on-year increase of 17.95%, and a net profit of 1.672 billion yuan, up 12.93% [4]. - Minshida, listed on the Beijing Stock Exchange, achieved a revenue of 237 million yuan in the first half of 2025, reflecting a year-on-year growth of 27.91%, with a net profit of 63.03 million yuan, up 42.28% [8]. Group 4: Institutional Investment Returns - Institutions that participated in the private placements of stocks like Western Gold and Southern Power Storage are expected to see positive returns from the unlock, with Western Gold's return exceeding 180% and Southern Power Storage's over 70% [8].

证券代码：833394 证券简称：民士达 公告编号：2025-084 烟台民士达特种纸业股份有限公司股票解除限售公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 本次股票解除限售数量总额为 96,860,000 股，占公司总股本 66.23%，可交 易时间为 2025 年 9 月 10 日。 二、本次股票解除限售的明细情况及原因 是否为控 （二）《烟台民士达特种纸业股份有限公司限售股份数据表》 （三）《烟台民士达特种纸业股份有限公司解除限售申请表》 （四）《烟台民士达特种纸业股份有限公司解除限售申请书》 （五）《中国证券登记结算有限责任公司北京分公司关于发布解除限售公告 的通知》 （六）《中国证券登记结算有限责任公司北京分公司解除限售变更登记申报 明细清单》 董事会 单位：股 董事、监 本次解除 尚未解 股股东、 本次解除 序 事、高级 本次解限 限售股数 除限售 股东姓名或名称 实际控制 限售登记 号 管理人员 售原因 占公司总 的股票 人或其一 股票数量 任职情况 股本比例 数量 致行动人 ...

证券代码：833394 证券简称：民士达 公告编号：2025-084 烟台民士达特种纸业股份有限公司股票解除限售公告 三、本次股票解除限售后的股本情况 | 股份性质 | 数量（股） | 百分比 | | --- | --- | --- | | 无限售条件的股份 | 144,813,750 | 99.02% | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、本次股票解除限售数量总额为 96,860,000 股，占公司总股本 66.23%，可交 易时间为 2025 年 9 月 10 日。 二、本次股票解除限售的明细情况及原因 单位：股 | 序 | | 是否为控 股股东、 | 董事、监 | | 本次解除 | 本次解除 | 尚未解 除限售 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 事、高级 | 本次解限 | | 限售股数 | | | 号 | 股东姓名或名称 | 实际控制 | 管理人员 | 售原因 | 限售登记 | 占公司总 | 的 ...

证券之星消息，9月4日造纸板块较上一交易日上涨0.86%，松炀资源领涨。当日上证指数报收于 3765.88，下跌1.25%。深证成指报收于12118.7，下跌2.83%。造纸板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603863 | 松炀资源 | 19.51 | 9.98% | 22.22万 | 4.16亿 | | 002067 | 置示能补 | 5.08 | 9.96% | 469.85万 | 23.47亿 | | 603165 | 荣晟环保 | 13.10 | 4.72% | 20.02万 | 2.63亿 | | 600356 | 恒丰纸业 | 10.10 | 2.85% | 15.24万 | 1.53亿 | | 605007 | 五洲特纸 | 12.15 | 2.70% | 3.64万 | 4410.08万 | | 600793 | 宜宾纸业 | 24.34 | 2.53% | 8.23万 | 2.02亿 | | 600308 | 华泰股份 | 3.69 | 2 ...

Market Overview - The paper sector increased by 0.71% on August 29, with Minshida leading the gains [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Individual Stock Performance - Minshida (833394) closed at 46.41, up 3.83% with a trading volume of 31,400 shares and a turnover of 146 million yuan [1] - Sun Paper (002078) closed at 15.36, up 3.09% with a trading volume of 380,400 shares and a turnover of 581 million yuan [1] - Xianhe Co. (603733) closed at 25.04, up 1.83% with a trading volume of 64,300 shares and a turnover of 162 million yuan [1] - Yibin Paper (600793) closed at 25.01, up 1.42% with a trading volume of 157,500 shares and a turnover of 143 million yuan [1] - Minfeng Special Paper (600235) closed at 6.53, up 1.24% with a trading volume of 93,500 shares and a turnover of 60.53 million yuan [1] Declining Stocks - Hengfeng Paper (600356) closed at 9.62, down 4.75% with a trading volume of 174,900 shares and a turnover of 171 million yuan [2] - Songyang Resources (603863) closed at 17.98, down 4.36% with a trading volume of 92,900 shares and a turnover of 169 million yuan [2] - Kain Co. (002012) closed at 5.80, down 3.81% with a trading volume of 157,800 shares and a turnover of 92.57 million yuan [2] Capital Flow Analysis - The paper sector experienced a net outflow of 77.47 million yuan from institutional investors, while retail investors saw a net outflow of 4.38 million yuan [2] - Speculative funds had a net inflow of 81.84 million yuan [2] Key Capital Movements - Huawang Technology (605377) had a net inflow of 53.51 million yuan from institutional investors, accounting for 33.21% of its total [3] - Xianhe Co. (603733) saw a net inflow of 17.02 million yuan from institutional investors, representing 10.51% [3] - Yibin Paper (600793) had a net inflow of 11.28 million yuan from institutional investors, making up 7.88% [3]

| 交易日 | 两融余额(元) | 余额变动(元) | 变动幅度 | | --- | --- | --- | --- | | 2025-08-28 | 9992.34万 | 10.13万 | 0.10% | | 2025-08-27 | 9982.21万 | 382.83万 | 3.99% | | 2025-08-26 | 9599.38万 | 702.12万 | 7.89% | | 2025-08-25 | 8897.26万 | 1479.29万 | 19.94% | | 2025-08-22 | 7417.96万 | 216.95万 | 3.01% | | 交易日 | 融资净买入(元) | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | | 2025-08-28 | 10.13万 | 9992.34万 | 4.66% | | 2025-08-27 | 382.83万 | 9982.21万 | 4.57% | | 2025-08-26 | 702.12万 | 9599.38万 | 4.33% | | 2025-08-25 | 1479.29万 | 8897.26万 ...

市场表现方面，8月25日获融资净买入超500万元个股平均上涨1.03%，涨幅居前的有中航泰达、广信科 技、志晟信息，分别上涨29.99%、4.35%、3.19%， 下跌的有9只，跌幅居前的有同力股份、汉鑫科技、 凯德石英。 截至8月25日，北交所融资融券余额合计73.76亿元，较前一交易日增加3857.63万元，其中，融资余额 73.76亿元，较前一交易日增加3851.84万元，融券余额为53.35万元，较前一交易日增加5.79万元。 证券时报·数据宝统计显示，截至8月25日，北交所股票中，融资余额居前的为锦波生物、曙光数创、艾 融软件，最新融资余额分别为3.35亿元、2.17亿元、1.91亿元，从最新融资余额占流通市值比例看，算 术平均值为1.25%，最新融资余额占流通市值比例居前的有万源通、民士达、巨能股份等，占比分别为 4.16%、3.95%、3.80%。 北交所股票中，8月25日共有136只股获融资净买入，净买入金额在500万元以上的有14只，同力股份融 资净买入额居首，当日净买入3355.59万元，其次是广信科技、民士达，融资净买入金额分别为1603.91 万元、1479.29万元，融资净买入金额居 ...

Market Overview - The paper sector experienced a decline of 0.23% on August 21, with Minshida leading the drop [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Individual Stock Performance - Qifeng New Material (002521) saw a significant increase of 4.63%, closing at 9.49 with a trading volume of 220,100 shares and a turnover of 206 million yuan [1] - Forest Packaging (605500) rose by 1.56%, closing at 10.40 with a trading volume of 204,300 shares and a turnover of 211 million yuan [1] - Other notable performers include Huawang Technology (605377) with a 1.46% increase and Yibin Paper (600793) with a 0.90% increase [1] Capital Flow Analysis - The paper sector experienced a net outflow of 128 million yuan from institutional investors, while retail investors saw a net inflow of 148 million yuan [2] - The data indicates that retail investors are more active in the paper sector despite the overall decline in the market [2] Detailed Capital Flow for Selected Stocks - Yibin Paper (600793) had a net inflow of 15.65 million yuan from institutional investors, while it faced a net outflow of 11.52 million yuan from speculative funds [3] - Xianhe Co. (603733) saw a net inflow of 6.46 million yuan from institutional investors, but a significant outflow of 11.94 million yuan from speculative funds [3] - Qifeng New Material (002521) had a net inflow of 4.04 million yuan from institutional investors, with a notable outflow from speculative funds [3]