（文章来源：证券日报） 证券日报网讯 1月12日，万通发展在互动平台回答投资者提问时表示，公司的控股股东地位并未因近期 司法划转事项发生变化，二级市场股价波动受包括市场情绪在内的多种因素影响，请投资者从公司长期 价值出发，做出理性投资决策。 ...

Core Viewpoint - The company has confirmed that small batch orders from customers in the fourth quarter of last year are now formal commercial orders for use in AI servers and storage servers, with early adopters primarily focused on the AI server sector [2]. Group 1 - The company received small batch procurement agreements from three customers and has completed board production with nine customers [2]. - The main application scenarios for the company's products are AI servers and storage servers [2]. - Early adopters of the company's products are mainly concentrated in the AI server field [2].

Market Overview - The Shanghai Composite Index rose by 1.09% on January 12, with 28 out of the 31 sectors experiencing gains, led by the media and computer sectors, which increased by 7.80% and 7.26% respectively [1] - The sectors that saw declines included oil and petrochemicals, coal, and real estate, with decreases of 1.00%, 0.47%, and 0.29% respectively [1] Capital Flow Analysis - The net outflow of capital from the two markets was 27.468 billion yuan, with 11 sectors experiencing net inflows [1] - The computer sector had the highest net inflow of capital, amounting to 15.774 billion yuan, while the media sector followed with a net inflow of 5.391 billion yuan [1] - The sectors with the largest net outflows included power equipment and electronics, with outflows of 14.093 billion yuan and 11.193 billion yuan respectively [1] Real Estate Sector Performance - The real estate sector declined by 0.29%, with a total net outflow of 2.340 billion yuan [2] - Among the 100 stocks in the real estate sector, 34 stocks rose, including one that hit the daily limit, while 54 stocks fell, with one hitting the lower limit [2] - The top three stocks with the highest net inflow in the real estate sector were Daming City, Chengjian Development, and Electronic City, with net inflows of 85.503 million yuan, 58.205 million yuan, and 22.631 million yuan respectively [2] Real Estate Sector Outflow Analysis - The stocks with the largest net outflows in the real estate sector included Zhangjiang High-Tech, Poly Development, and Wantong Development, with outflows of 48.610 million yuan, 16.789 million yuan, and 14.967 million yuan respectively [3] - Other notable stocks with significant outflows included Vanke A and China Wuyi, with outflows of 9.910 million yuan and 8.238 million yuan respectively [3]

Group 1 - The satellite industry is experiencing strong performance, with related ETFs attracting significant capital inflows, indicating substantial mid-to-long-term investment value due to policy support, technological breakthroughs, and market demand [1][2] - As of January 7, 2025, the Yongying Satellite ETF and the China Merchants Satellite Industry ETF have each received over 1 billion yuan in net inflows this year, while the Fortune Satellite ETF and the E Fund Satellite ETF have attracted 965 million yuan and 385 million yuan respectively [1] - The total net inflows for the Yongying Satellite ETF since Q4 2025 amount to 5.257 billion yuan, with the China Merchants Satellite Industry ETF and the Fortune Satellite ETF receiving 1.627 billion yuan and 1.22 billion yuan respectively [1] Group 2 - The strong performance of the satellite sector is attributed to multiple factors, including key technological breakthroughs, clear national strategies, sustained industrial demand, and active market recognition [2] - The Ministry of Industry and Information Technology supports new models like "mobile direct satellite" applications, aiming for over 10 million satellite communication users by 2030 and issuing satellite internet licenses to multiple operators [2] - The commercial space sector is expected to see a surge in IPOs following the revision of the fifth set of standards on the Sci-Tech Innovation Board, which includes commercial aerospace [2] Group 3 - Institutions are particularly focused on companies' future strategies in the commercial aerospace sector, with companies like Unisoc highlighting their advancements in products for this strategic area [3] - The successful launch of the Zhuque-3 rocket is seen as a critical solution to the long-standing issue of insufficient heavy-lift capacity in China's commercial aerospace, potentially accelerating satellite communication network deployment [3] - The satellite industry is anticipated to enter a new development phase driven by strong policy support and ongoing industrial progress, presenting mid-to-long-term investment opportunities [3]

特此公告。 北京万通新发展集团股份有限公司 董事会 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 经北京万通新发展集团股份有限公司（以下简称"公司"）财务部门初步测算，预计2025年度归属于上市 公司股东的净利润为负值，公司2025年度经营业绩将出现亏损。 公司将严格遵循《上海证券交易所股票上市规则》等相关规定，加快推进财务核算工作，尽快披露2025 年度业绩预告。最终财务数据请以公司正式披露的2025年年度报告为准。 公司指定的信息披露媒体为《中国证券报》《上海证券报》《证券时报》《证券日报》及上海证券交易 所网站（www.sse.com.cn），有关公司信息均以公司在上述指定媒体披露信息为准，敬请广大投资者注 意投资风险。 证券代码：600246 证券简称：万通发展（维权） 公告编号：2026-003 北京万通新发展集团股份有限公司 2025年度业绩预亏的提示性公告 2026年1月10日 ...

格隆汇1月9日丨万通发展（维权）(600246.SH)公布，财务部门初步测算，预计2025年度归属于上市公 司股东的净利润为负值，公司2025年度经营业绩将出现亏损。公司将严格遵循《上海证券交易所股票上 市规则》等相关规定，加快推进财务核算工作，尽快披露2025年度业绩预告。最终财务数据请以公司正 式披露的2025年年度报告为准。 ...

Group 1 - Gree Co., Ltd. plans to use no more than 6 billion yuan of idle self-owned funds for entrusted wealth management, with a validity period of one year from the date of board approval [1] - Guosheng Technology's stock will resume trading on January 12 after completing an investigation into abnormal trading, but the company expects a net loss for 2025 [2] - Dongzhu Ecology is negotiating to terminate the acquisition of control over Kairui Xingtong due to failure to reach an agreement on valuation and other commercial terms [3] Group 2 - Jiaoyun Co., Ltd. intends to swap its passenger car sales and automotive after-service assets with the cultural and tourism-related assets of its controlling shareholder, which is expected to constitute a major asset restructuring [4] - Baogang Co., Ltd. plans to adjust the related transaction price of rare earth concentrate for the first quarter of 2026 to 26,834 yuan per ton, a slight increase from the previous quarter [5] - Luzhou Laojiao proposes a cash dividend of 13.58 yuan per 10 shares, totaling approximately 2 billion yuan [6] Group 3 - Zhenlei Technology states that the commercial aerospace industry is still in its early industrialization stage, with unpredictable contributions to revenue from batch launches [7][8] - China First Heavy Industries has only undertaken a small number of projects related to "controlled nuclear fusion," and these products have not yet generated revenue [9] - Huanxu Electronics plans to invest 30 million yuan in a private equity fund focused on AI-driven new generation information technology industries [10] Group 4 - Ruina Intelligent plans to invest approximately 169.9 million yuan to build a modern intelligent high-efficiency heat pump R&D and production base [11] - Hualan Biological intends to acquire a 35% stake in Ningbo Guangfeng Capsule Co., Ltd. for 8.4647 million yuan, with plans for further acquisitions in the future [12] - Yili Media reports that its main business and business model have not undergone significant changes, and its operations are normal [13] Group 5 - Jushi Chemical received a notice of administrative penalty for inflating revenue and profits through false trading, with a proposed fine of 2.4 million yuan [14] - Haiyou New Materials has been designated as a supplier for a well-known automotive glass manufacturer to develop and supply PDLC dimming film products [15][16] - Shanda Electric signed a strategic cooperation agreement with Shandong Development New Energy Co., Ltd. to promote the technological upgrade and large-scale development of the new energy industry in Shandong Province [17] Group 6 - China Shipbuilding Defense expects a net profit increase of 149.61% to 196.88% for 2025, driven by improved ship product revenue and production efficiency [18] - Daotong Technology anticipates a net profit increase of 40.42% to 45.1% for 2025, fueled by AI-driven services [19] - Zhenhua New Materials expects a net loss of 400 million to 500 million yuan for 2025 due to declining market demand for existing products [20] Group 7 - Greenland Holdings anticipates a net loss of 16 billion to 19 billion yuan for 2025, primarily due to declining asset prices and increased financial expenses [21] - Electric Wind Power expects a net loss of 890 million to 1.09 billion yuan for 2025, attributed to intensified competition and delays in project construction [22] - Jintou City Development forecasts a net loss for 2025 [23] Group 8 - Dazhi expects a net loss for 2025 [25] - Wantong Development anticipates a net loss for 2025 [26] - Wanfu Biological projects a net profit decline of 87.71% to 91.81% for 2025 due to market price reductions and increased R&D expenses [27] Group 9 - Zhongkong Technology expects a net profit decline of 53.07% to 61.85% for 2025, driven by economic slowdown and reduced customer demand [28] - Jian Kai Technology's shareholder plans to reduce holdings by up to 3% [29] - Huati Technology's actual controller plans to reduce holdings by up to 3% [30]

Group 1 - China Shipbuilding Defense expects a net profit of 940 million to 1.12 billion yuan for 2025, an increase of 149.61% to 196.88% year-on-year [1] - China First Heavy Industries has only undertaken a small number of related accessory projects and has not generated revenue from them [2] - Huanyu Electronics plans to invest 30 million yuan in a private equity fund focused on AI and emerging industries [3] Group 2 - Zhixiang Jintai's GR1803 injection has been included in the priority review list by the National Medical Products Administration [4] - JianKai Technology's shareholder plans to reduce holdings by up to 3% of the company's shares [5] - Debon Holdings will continue to suspend trading from January 12 due to significant matters being planned [6] Group 3 - South Network Technology's shareholder intends to transfer 847.05 million shares, accounting for 1.50% of the total share capital [7] - Hengrui Medicine has received approval for clinical trials of four drugs [8] - Daotong Technology expects a net profit of 900 million to 930 million yuan for 2025, a year-on-year increase of 40.42% to 45.10% [10] Group 4 - Betta Pharmaceuticals has invested 50 million yuan to acquire a 20% stake in Hangzhou Zhixing Pharmaceutical [11] - Tianyu Biology reported a 10.38% year-on-year decline in cumulative sales revenue for 2025 [12] - Lifang Pharmaceutical's subsidiary has obtained a drug registration certificate for a pain relief product [13] Group 5 - R&F Properties reported a total sales revenue of approximately 14.21 billion yuan for 2025 [14] - Wanfu Biology expects a net profit decline of 87.71% to 91.81% for 2025 [15] - Dazhi expects a negative net profit for 2025 [16] Group 6 - Dongzhu Ecology is negotiating to terminate the acquisition of control over a satellite communication company [17] - Baotai has received a milestone payment of 10 million USD from Hikma Pharmaceuticals [18] - Huace Navigation expects a net profit of 670 million to 690 million yuan for 2025, a year-on-year increase of 14.84% to 18.27% [19] Group 7 - Shenzhen Gas reported a net profit decline of 3.45% for 2025 [20] - Baogang Co. plans to adjust the price of rare earth concentrate for Q1 2026 to 26,834 yuan per ton [21] - Jiuding Investment expects to report a loss for 2025 [22] Group 8 - Shanghai Pharmaceuticals has received a drug registration certificate for a treatment for myasthenia gravis [23] - Hualan Biological plans to acquire a 35% stake in Guangfeng Capsule [24] - Ruina Intelligent plans to invest 169.9 million yuan in a new R&D production base for heat pumps [25] Group 9 - Wantong Development expects to report a loss for 2025 [26] - Xianghe Industrial has completed the purchase of a 5% stake in Hezhixiang Technology [27] - Guangkang Biochemical received a warning letter from the Guangdong Securities Regulatory Commission [28] Group 10 - Xiaoming Co. reported a 37.07% year-on-year decline in chicken product sales revenue for December 2025 [29] - Luokai Co. won a procurement project from State Grid Fujian Power worth approximately 48.2 million yuan [30] - Minhe Co. reported a 65.22% year-on-year increase in the sales of commodity chick seedlings for December 2025 [31] Group 11 - Zhenghai Biological has obtained a registration certificate for calcium silicate bio-ceramic materials [32] - Three Gorges Energy reported a 5.99% year-on-year increase in cumulative total power generation for 2025 [33] - Huisheng Biological expects a net profit of 235 million to 271 million yuan for 2025 [34] Group 12 - Maihe Co. announced the release of the detention measures against its chairman [35] - Wandong's Alzheimer's project has been included in a national major special project for innovative drug development [36] - Kangxin New Materials plans to transfer forest land assets with a book value of 1.203 billion yuan [37] Group 13 - Greenland Holdings expects a net loss of 16 billion to 19 billion yuan for 2025 [39] - Zhongxin Fluorine Materials has obtained a pesticide production license [40]

万通发展（600246）(600246.SH)发布公告，经公司财务部门初步测算，预计2025年度归属于上市公司 股东的净利润为负值，公司2025年度经营业绩将出现亏损。 ...

智通财经APP讯，万通发展(600246.SH)发布公告，经公司财务部门初步测算，预计2025年度归属于上 市公司股东的净利润为负值，公司2025年度经营业绩将出现亏损。 ...