2025.08. 06 8月6日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者 参考。 【品大事】 仙鹤股份：拟110亿元投建林浆纸用一体化高性能纸基新材料项目 仙鹤股份公告，公司拟投资约110亿元建设林浆纸用一体化高性能纸基新材料项目，其中一期投资约 55亿元，二期投资约55亿元，正式动工之日起计三年内实现一期投产。一期项目计划投资约55亿 元，预计年产值约51.5亿元，年税收约4.5亿元，提供就业岗位约2000人。二期项目将根据一期项 目的实施情况，参照市场形势和企业经营情况，适时投资建设。 *ST亚振：股票交易异常波动 8月7日起停牌核查 中信证券：华夏基金上半年净利润11.23亿元 *ST亚振公告，公司股票于2025年7月30日至8月6日收盘价格涨幅偏离值累计达到33.92%。公司 股票短期涨幅与同期上证指数、家具制造业存在严重偏离。公司将就股票交易情况进行核查。经申 请，公司股票自2025年8月7日开市起停牌，自披露核查公告后复牌，预计停牌时间不超过10个交易 日。 天阳科技：正在筹划购买通联金服及相关公司部分股权 天阳科技公告，公司正在筹划以支付现金的方式购买上海 ...

证券研究报告 | 公司点评 | 股份制银行Ⅱ 浦发银行(600000) 报告日期：2025 年 08 月 06 日 超预期，好未来 ——浦发银行 2025H1 业绩快报点评 投资要点 ❑ 浦发银行业绩超预期，股份行首家半年报，25H1 营收、利润分别同比+3%、 10%，不良双降。继续看好浦发未来经营改善和估值修复，目标空间 19%。 ❑ 数据概览 25H1浦发银行营收、归母净利润同比分别+2.6%、10.2%，增速环比 25Q1分别提 升 1.3pc、9.2pc；不良双降超预期，25H1 末不良率环比 25Q1 末下降 2bp，不良 额环比下降 6.1 亿元。 ❑ 业绩表现超预期 浦发银行 25H1 利润增速环比显著回升至 10.2%，表现好于市场预期。驱动因素 来看，判断得益于息差降幅收窄、债市表现回暖带动营收动能改善，叠加资产质 量改善趋势延续，带动信用成本显著下降。25H1 末，浦发银行不良实现双降， 不良率环比下降 2bp，不良额环比下降 6.1 亿元。 ❑ 亮决心、好未来 浦发银行中报业绩亮眼，印证了浦发银行经营向好趋势，凸显新经营管理层对战 略推进的坚定决心。同时，归母净利润增速持续向好，也彰显 ...

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [5]. Core Views - The company is focusing on five strategic tracks driven by digital transformation, which is expected to enhance its competitive advantage and improve financial performance [19][20]. - The bank's asset quality is improving, with a significant reduction in non-performing loans, which enhances its risk resilience [21]. - The bank's financial metrics indicate a stable growth trajectory, with projected net profit growth from 2025 to 2027 [14]. Summary by Sections Company Overview - The top ten shareholders of the company hold a combined 53.1% stake, with a new management team expected to be fully established by 2024 [1]. - The bank's business development is centered around five strategic tracks, leveraging digital transformation to create a differentiated competitive edge [1][19]. Financial Performance - As of Q1 2025, the bank achieved a revenue growth of 1.31% and a net profit growth of 1.02% compared to the previous year [19]. - The bank's total loans reached 5.58 trillion yuan in Q1 2025, with a significant focus on corporate loans, which accounted for 58.97% of the total [20]. Asset Quality - The non-performing loan ratio improved to 1.33% in Q1 2025, down from 1.36% at the end of 2024, indicating a positive trend in asset quality [21]. - The bank's provisioning coverage ratio reached 186.99%, reflecting a robust risk management strategy [21]. Strategic Focus - The bank is leveraging its location in Shanghai and the Yangtze River Delta to enhance its business operations, with the region contributing significantly to its profits [20]. - The bank's digital transformation strategy is expected to drive innovation and customer expansion, supporting its long-term growth [19].

百济神州(688235.SH)公告称，公司预计2025年营业收入将介于人民币358亿元至381亿元之间。研发费 用、销售及管理费用合计预计为人民币295亿元至319亿元之间。毛利率预计处于80%至90%的中高位区 间。公司预计全年营业收入将大于营业成本、销售费用、管理费用及研发费用之总和，且经营活动产生 的现金流量扣除购建固定资产等资本性支出后的净额预计为正。营业收入预计增长的调整主要得益于百 悦泽®在美国市场的领先地位以及其在欧洲和全球其他重要市场的持续扩张；毛利率预计提升的调整主 要得益于产品组合的改善和生产效率的提高。 百济神州(688235.SH)公告称，2025年上半年公司营业总收入175.18亿元，较上年同比上升46.0%；其中 产品收入为173.60亿元，较上年同比上升45.8%；归属于母公司所有者的净利润4.5亿元，上年同期亏损 28.77亿元，同比扭亏为盈。 今日聚焦 1、百济神州：预计2025年营业收入将介于人民币358亿元至381亿元之间 2、赛诺医疗：子公司产品获美国FDA突破性医疗器械认定 是美国FDA历史上全球首个颅内动脉粥样硬 化狭窄治疗产品 赛诺医疗(688108.SH)公告称 ...

Group 1 - Xianhe Co., Ltd. plans to invest approximately 11 billion yuan in an integrated high-performance paper-based material project in Sichuan Province, with an expected annual production capacity of 800,000 tons of bamboo pulp and 1.2 million tons of high-performance paper-based materials [1] - Funi Co., Ltd. intends to invest about 7.802 billion yuan in the construction of a pumped storage power station project in Nanan, Fujian Province, which will enhance the company's clean energy capacity [6] - Zhongchuan Technology's subsidiary plans to invest approximately 5.712 billion yuan in a 1.3 million kilowatt wind power project in Xinjiang [9] Group 2 - Shennong Group reported a sales revenue of 327 million yuan from the sale of 174,700 pigs in July 2025, with an average selling price of 14.73 yuan per kilogram, reflecting a 2.65% increase from June 2025 [2] - CITIC Securities' subsidiary, Huaxia Fund, achieved a net profit of 1.123 billion yuan in the first half of 2025, with total assets under management reaching 2.8512 trillion yuan [5] - Jiangnan Water Affairs plans to publicly transfer an 8% stake in Pudong Village Bank, with a minimum transfer price of approximately 12.548 million yuan [4] Group 3 - Anxu Bio plans to utilize up to 4 billion yuan of temporarily idle funds for cash management [8] - Changsheng Bearing has set the inquiry transfer price at 61.82 yuan per share for its upcoming share transfer [11] - Electric Connection Technology intends to acquire a 39% stake in its subsidiary, Aimers, for 180 million yuan, increasing its ownership from 51% to 90% [12]

Core Insights - The core viewpoint of the article is that Shanghai Pudong Development Bank (SPDB) reported a positive financial performance for the first half of 2025, with increases in revenue, net profit, and asset growth, alongside improvements in loan quality metrics [1] Financial Performance - The bank achieved an operating income of 90.559 billion yuan, an increase of 2.62% year-on-year [1] - The net profit attributable to shareholders reached 29.737 billion yuan, reflecting a year-on-year growth of 10.19% [1] - The net profit excluding non-recurring items was 29.984 billion yuan, up 11.86% compared to the previous year [1] Asset and Liability Overview - As of the end of the first half, total assets amounted to 9.65 trillion yuan, a year-on-year increase of 1.94% [1] - Total loans reached 5.63 trillion yuan, growing by 4.51% from the end of the previous year [1] - Total liabilities were 8.84 trillion yuan, with a year-on-year increase of 1.46% [1] - Total deposits increased to 5.59 trillion yuan, reflecting an 8.71% growth [1] Loan Quality Metrics - The non-performing loan (NPL) balance was 73.672 billion yuan, which increased by 5.18 million yuan year-on-year but decreased by 6.08 million yuan from the previous quarter [1] - The NPL ratio stood at 1.31%, down 0.05 percentage points from the end of the previous year and down 0.02 percentage points from the previous quarter [1] - The provision coverage ratio improved to 193.97%, up 7.01 percentage points year-on-year and up 6.98 percentage points from the previous quarter, indicating enhanced risk mitigation capacity [1]

下半年要做超级产品、超级平台 净利润增一成，不良贷款率下降 根据业绩快报，今年上半年，浦发银行实现营业收入905.59亿元，同比增加23.11亿元，增长2.62%；实 现归属于母公司股东的净利润297.37亿元，同比增加27.49 亿元，增长10.19%；实现归属于母公司股东 的扣除非经常性损益的净利润299.84亿元，同比增长11.86%。 "报告期内公司稳步调优资产负债结构，净息差降幅收窄、趋势企稳；加大服务实体经济力度，信贷投 放有力有效、结构优化，有效缓冲市场利率下行影响；多渠道、多场景拓宽负债来源，付息率下降明 显。"浦发银行在业绩快报中表示。 业务规模方面，截至报告期末，浦发银行资产总额96457.91亿元，较上年末增长1.94%；其中，贷款总 额56349.31亿元，较上年末增长4.51%。负债总额88445.39亿元，较上年末增长1.46%；其中，存款总额 55943.08亿元，较上年末增长8.71%。 资产质量方面，浦发银行不良贷款余额、不良贷款率较一季度末实现"双降"。其中，不良贷款余额 736.72亿元，较上年末增加5.18亿元，较一季度末减少6.08亿元；不良贷款率1.31%，较上年末 ...

报告期内，浦发银行资产负债规模稳步增长。截至6月末，集团资产总额96,457.91亿元，较上年末增长 1.94%。负债总额88,445.39亿元，较上年末增长1.46%。资产质量持续改善。截至6月末，集团不良贷款 余额736.72亿元，不良贷款率1.31%，均较一季度末实现下降。风险抵补能力持续提升。截至6月末，拨 备覆盖率193.97%，较一季度末上升6.98个百分点。 8月6日，浦发银行公布2025年半年度业绩快报。公司以"数智化"战略为引领，扎实做好金融"五篇大文 章"，服务上海"五个中心"建设，紧紧围绕"强赛道、优结构、控风险、提效益"经营主线，聚焦"五大赛 道"，不断提升服务实体经济质效。 公告显示，上半年，浦发银行实现营业收入905.59亿元，同比增长2.62%。实现归属于母公司股东的净 利润297.37亿元，同比增长10.19%。营收净利双增主要得益于稳步调优资产负债结构，净息差降幅收 窄、趋势企稳；加大服务实体经济力度，信贷投放有力有效、结构优化，有效缓冲市场利率下行影响； 多渠道、多场景拓宽负债来源，付息率下降明显。 ...

中证智能财讯 浦发银行（600000）8月6日晚间披露2025年上半年业绩快报，公司实现营业收入905.59亿元，同比增长2.62%；归母净利润297.37亿元，同比 增长10.19%；扣非净利润299.84亿元，同比增长11.86%；基本每股收益0.99元，加权平均净资产收益率为4.33%。以8月6日收盘价计算，浦发银行目前市盈 率（TTM）约为8.69倍，市净率（LF）约0.64倍，市销率（TTM）约2.44倍。 以本次披露业绩快报数据计算，公司近年市盈率（TTM）图如下所示： 市盈率(TTM)历史分位(%) 100 ଛି ୨୦ 80 70 60 50 40 32o76 30 20o76 19656 20 45,58 4483 10 0-82 8.29 3 2 6 0 2019-12-37 1 2020-06-30 ' 2020-12-37 ' 2021-06-30 ' 2-12-37 7-12-37 2n- 公司 -○- 行业均值 制图数据来自恒生聚源数据库 市净率(LF)历史分位(%) 100 ହ୍ତ ୨୦ 80 70 60 50 40 30 25x86 20 19x24 15,23 16:56 40 ...

每经AI快讯，浦发银行（SH 600000，收盘价：13.79元）8月6日晚间发布2025年半年度业绩快报，营业 收入905.59亿元，同比增加2.62%；归属于上市公司股东的净利润297.37亿元，同比增加10.19%；基本 每股收益0.99元，同比增加11.24%。 截至发稿，浦发银行市值为4174亿元。 每经头条（nbdtoutiao）——国企员工3.6亿元接手徐翔母亲股份！知情人：李蓉蓉非宁波海关下属企业 中干，亲戚募的钱，推她为牵头人 （记者 曾健辉） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 ...