Market Overview - The A-share market rebounded today, with humanoid robots, computing power, and new energy sectors being the main drivers of the recovery [1] - By the close of the morning session, major financial sectors, including brokerage and internet finance, showed significant activity, leading to an expansion in index gains [1] - The Shanghai Composite Index rose by 0.47%, the Shenzhen Component Index increased by 1.19%, and the ChiNext Index climbed by 2.14% [3] Sector Performance - The liquid cooling server sector experienced a strong rally, with stocks such as Chuanhuan Technology and Jintian Co. hitting the daily limit [5] - The liquid cooling server market is projected to grow significantly, with estimates suggesting a market size of approximately 354 billion yuan in 2025, 716 billion yuan in 2026, and 1,082 billion yuan in 2027 [8] - The solid-state battery sector also saw gains, with companies like Guoxuan High-Tech reporting advancements in their production capabilities [10][12] Investment Insights - The liquid cooling technology is gaining traction due to increasing power consumption demands and the diversification of clusters initiated by major tech companies like Nvidia, Meta, Google, and Amazon [8] - The domestic liquid cooling enterprises are expected to excel in international markets due to their comprehensive capabilities in technology, product quality, cost, and service [9] - The solid-state battery industry is witnessing accelerated industrialization, with significant attention on equipment investments that are crucial for production processes [12]

Core Viewpoint - *ST Baoshi (000595.SZ) announced a plan for the transfer of shares from its controlling shareholder Ning Guoyun to the State Power Investment Corporation, aimed at optimizing resource allocation and advancing the new energy system construction [1] Group 1 - The share transfer involves 206,896,551 A-shares, representing 18.17% of the total share capital of Baota Industrial [1] - The share transfer is still pending approval and has not yet completed all decision-making procedures or signed relevant agreements [1] - If approved, the direct controlling shareholder will change from Ning Guoyun to the State Power Investment Corporation, but the actual controller will remain the Ningxia Hui Autonomous Region People's Government [1]

Core Viewpoint - Company *ST Baoshi (000595.SZ) announced plans for significant investments in multiple energy storage projects through its subsidiaries, indicating a strategic focus on expanding its renewable energy capabilities [1] Group 1: Investment Projects - The subsidiary Ningguo Yunzhongwei New Energy Co., Ltd. plans to invest in the Ningguo Yunzhongwei New Energy Co., Ltd. Ying Shui Qiao 80MW/160MWh energy storage project with a total investment of approximately RMB 145.23 million [1] - The subsidiary Ningguo Yun New Energy (Lingwu) Co., Ltd. intends to invest in the Lingwu Majia Tan 240MW/480MWh energy storage project with a total investment of approximately RMB 372.98 million [1] - The subsidiary Ningguo Yun New Energy (Yanchi) Co., Ltd. is set to invest in the Yanchi Gao Sha Wo 320MW/640MWh energy storage project with a total investment of approximately RMB 492.33 million [1]

Core Viewpoint - The announcement by Qidi Pharmaceutical indicates a significant change in its shareholding structure, with Hunan Sailuxian acquiring a substantial stake, leading to a shift in control of the company [1][2]. Group 1: Shareholding Changes - Qidi Pharmaceutical announced that Hunan Sailuxian will acquire 58.607 million shares from Qidi Technology Service Co., resulting in a decrease of Qidi Technology's holdings from 63.151 million shares to 4.544 million shares, reducing its ownership percentage from 26.37% to 1.90% [1][3]. - Following this transaction, Hunan Sailuxian will hold 24.47% of Qidi Pharmaceutical's shares, making it the largest shareholder, surpassing Qidi Technology Service [2][5]. Group 2: Financial Details - The shares were sold at an average price of 17.19 yuan per share, totaling approximately 1.007 billion yuan for the transaction [5]. - As of August 8, Qidi Pharmaceutical's market capitalization was approximately 2.85 billion yuan, with a closing price of 11.90 yuan per share [6]. Group 3: Company Background - Qidi Pharmaceutical, established in 1956, is recognized as Hunan Province's first pharmaceutical listed company and has notable brands such as "Guhan" [5].

| TOP | 债券简称 | 主体名称 | 现价 | | --- | --- | --- | --- | | 1 | SINHLD 10.5% 6/18/22 | 新力控股(集团)有限公司 | 0.37 | | 2 | CHTREE 10.25% 11/17/15 | 中国森林控股有限公司 | 1.43 | | 3 | ZHPRHK 9.15% 5/6/23 | 正荣地产集团有限公司 | 0.71 | | 4 | RONXIN 8.75% 10/25/22 | 融信中国控股有限公司 | 1.80 | | 5 | AGILE 7% 11/24/26 | 富丰投资有限公司 | 1.80 | | 6 | YIHUGR 8.5% 10/23/20 | 宣华企业(集团)有限公司 | 1.45 | | 7 | MSCNTF 5.75% 12/19/28 | 微创医疗科学有限公司 | 126.15 | | 8 | ZHPRHK 7.875% 4/14/24 | 正荣地产集团有限公司 | 0.54 | | 9 | EVERRE 11.5% 1/22/23 | 恒大地产集团有限公司 | 1.69 | | 10 | SKYFAM ...

FF301 第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 天譽置業(控股)有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00059 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 90,000,000,000 | HKD | 0.003333333333 | HKD | | 300,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 90,000,000,000 | HKD | 0.003333333333 ...

格隆汇7月29日丨*ST宝实(000595.SZ)公布，公司董事会于2025年7月28日收到杜志学先生、包小俊先 生、哈晓天先生的书面辞职报告。杜志学先生因工作原因申请辞去公司第十届董事会董事、董事长及战 略委员会、提名委员会召集人职务；包小俊先生、哈晓天先生因工作原因申请辞去第十届董事会董事职 务。辞去上述职务后，杜志学先生、包小俊先生、哈晓天先生将不再担任公司任何职务。 公司于2025年7月28日召开第十届董事会第二十二次会议，审议通过了《关于选举公司董事长的议 案》，董事会同意选举董事张怀畅先生担任公司第十届董事会董事长，任期自本次董事会审议通过之日 起至公司第十届董事会任期届满之日止。 ...

格隆汇7月29日丨*ST宝实(000595.SZ)公布，因公司重大资产置换及支付现金购买资产暨关联交易事项 (以下简称"本次重组")已经公司股东会审议通过并已完成置入资产交割。通过本次重组，公司实现由轴 承业务到新能源发电业务的产业转型。为进一步加强公司品牌知名度与市场影响力，进而更好地推动公 司在资本市场的持续、稳健和高质量发展，拟对公司名称、经营范围进行变更。其中，公司名称拟变更 为宁夏国运新能源股份有限公司。 ...

Core Viewpoint - Tianyu Properties (00059.HK) has postponed its liquidation petition hearing, which is now scheduled for October 9, 2025, in the Bermuda Supreme Court Commercial Court [1] Company Summary - The hearing for the liquidation petition of Tianyu Properties has been delayed, indicating ongoing legal proceedings and potential implications for the company's financial status [1]

Core Viewpoint - Tianyu Properties (00059) has agreed to sell properties located in Nanchang City for a total consideration of RMB 16 million, which is seen as a unique opportunity given the current real estate market conditions in China [1][2]. Group 1: Transaction Details - The properties being sold include 75 residential units with a total area of 6,228.66 square meters and 11 commercial units with a total area of 1,283.55 square meters [1]. - The sale is divided into three batches: 1. Residential units 301-317 and 401-414 (first batch) 2. Residential units 415-417, 501-515, 601-615, and 701-703 (second batch) 3. Residential units 704-711 and commercial units 101-111 (third batch) [1]. Group 2: Market Context and Implications - The sale is considered a rare and unique opportunity due to the downturn in the Chinese real estate market and the proximity of the properties to an industrial park [2]. - The properties were completed in 2013 but have not been sold due to various internal and external factors, resulting in minimal rental income [2]. - The company is facing operational challenges and limited cash flow, and the sale is expected to improve its financial situation [2].