8月4日午后，国证自由现金流指数小幅回调，成分股方面涨跌互现，捷佳伟创、凌云股份、欧派家居等 领涨%；南京新百、华人健康、红旗连锁等领跌。自由现金流ETF（159201）跟随指数调整，最新报价 1.05元。拉长时间看，截至2025年8月1日，自由现金流ETF近1月累计上涨2.45%，涨幅排名可比基金首 位。 方正证券认为，自由现金流是衡量企业真实盈利能力与分红潜力的前瞻性指标，高股息的长期维持必须 以高自由现金流为基础，长期具备高自由现金流的企业更能保障未来持续分红，实现对股东的稳定回 报。随着长线资金投资策略的不断迭代，自由现金流契合风险规避与收益稳定性需求，或将成为险资等 长线重要配置方向。 数据显示，截至2025年7月31日，国证自由现金流指数前十大权重股分别为上汽集团、中国海油、美的 集团、格力电器、洛阳钼业、中国铝业、厦门国贸、上海电气、正泰电器、中国动力，前十大权重股合 计占比57.66%。 自由现金流ETF（159201）紧密跟踪国证自由现金流指数，自由现金流策略弥补了传统红利策略在行业 覆盖广度和未来表现预判方面的不足，聚焦于内生增长能力，强调财务健康与可持续性，更契合追求长 期成长与资本增值 ...

Core Viewpoint - The Shanghai Military Industry Index has shown a decline of 1.21% recently, but it has experienced significant growth over the past months, indicating a mixed performance in the military sector [1]. Group 1: Index Performance - The Shanghai Military Industry Index decreased by 1.21% to 8305.87 points, with a trading volume of 33.054 billion yuan [1]. - Over the past month, the index has increased by 1.89%, and over the last three months, it has risen by 20.48%. Year-to-date, the index has grown by 15.11% [1]. Group 2: Index Composition - The index comprises companies primarily engaged in the military industry, selected from the top ten military groups and other related firms [1]. - The top ten weighted stocks in the index are: China Shipbuilding (9.35%), AVIC Shenyang Aircraft (8.46%), Aero Engine Corporation (6.78%), China Shipbuilding Industry Corporation (6.51%), AVIC Avionics (3.68%), Aerospace Electronics (3.19%), China Power (3.17%), Western Superconducting (3.02%), Ruichuang Micro-Nano (2.93%), and AVIC High-Tech (2.69%) [1]. Group 3: Sector Allocation - The index is fully composed of stocks listed on the Shanghai Stock Exchange, with an industrial sector allocation of 77.69%, information technology at 11.89%, materials at 5.78%, telecommunications at 3.26%, and consumer discretionary at 1.37% [1]. Group 4: Sample Adjustment - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December, with a sample adjustment ratio not exceeding 10% [2]. - Weight factors are fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2].

Group 1 - The core viewpoint of the news is that the China Securities Index for the shipbuilding industry has shown a slight decline recently, but it has experienced significant growth over the past three months and year-to-date [1] - The China Securities Index for the shipbuilding industry decreased by 1.0% to 1397.26 points, with a trading volume of 12.892 billion yuan on the reporting day [1] - Over the past month, the index has increased by 0.10%, by 12.75% over the last three months, and by 8.99% year-to-date [1] Group 2 - The index comprises 40 representative listed companies involved in ship materials, ship supporting, ship manufacturing, and shipping, reflecting the overall performance of the shipbuilding industry [1] - The top ten weighted companies in the index are China Shipbuilding (15.06%), China Heavy Industry (14.33%), China Power (14.31%), and others, indicating a concentration in a few major players [1] - The index's holdings are primarily listed on the Shanghai Stock Exchange (80.70%) and the Shenzhen Stock Exchange (19.30%) [1] Group 3 - The index is heavily weighted towards the industrial sector, which accounts for 93.30% of the holdings, while materials and information technology make up 3.84% and 2.86%, respectively [1] - The index sample is adjusted semi-annually, with changes implemented on the next trading day following the second Friday of June and December [2] - The sample adjustment typically does not exceed 20% of the total sample, and weight factors are adjusted accordingly [2]

Group 1 - The China Shipbuilding sector experienced a decline of 2.54%, ranking among the top losers in the concept sector as of the market close on August 1 [1][2] - ST Emergency saw a significant drop of 20%, while China Shipbuilding Industry Corporation, Kunshan Intelligent, and China Shipbuilding also faced notable declines [1][2] - Only two stocks within the sector recorded gains, with China Marine Defense increasing by 0.64% and China Ship Special Gas rising by 0.13% [1][2] Group 2 - The China Shipbuilding sector faced a net outflow of 73 million yuan from major funds, with seven stocks experiencing net outflows [2] - China Shipbuilding led the outflow with 79.72 million yuan, followed by China Ship Han Guang and China Ship Technology with outflows of 25.34 million yuan and 6.45 million yuan, respectively [2] - Conversely, stocks such as China Power and China Heavy Industry saw net inflows of 33.53 million yuan and 6.28 million yuan, respectively [2]

Group 1 - As of July 31, 2025, China Power's stock price closed at 22.84 yuan, down 1.21% from the previous trading day [1] - The trading volume on that day was 180,100 lots, with a total transaction amount of 413 million yuan [1] - China Power is part of the shipbuilding sector, primarily engaged in the research, design, manufacturing, and sales of ship power systems, holding a significant position in the industry [1] Group 2 - The first extraordinary general meeting of shareholders for China Power in 2025 was held on July 31, where important resolutions, including the revision and cancellation of the supervisory board, were approved [1] - On July 31, the net inflow of main funds into China Power was 19.74 million yuan, accounting for 0.04% of the circulating market value [1]

北京市金杜律师事务所 关于中国船舶重工集团动力股份有限公司 2025 年第一次临时股东大会 的法律意见书 致：中国船舶重工集团动力股份有限公司 北京市金杜律师事务所（以下简称本所）接受中国船舶重工集团动力股份有限 公司（以下简称公司）委托，根据《中华人民共和国证券法》 （以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特别 行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件和现行有效 的《中国船舶重工集团动力股份有限公司章程》（以下简称《公司章程》）有关规 定，指派律师出席了公司于 2025 年 7 月 31 日召开的 2025 年第一次临时股东大 会（以下简称本次股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 集团动力股份有限公司第八届董事会第十五次会议决议公告》； 集团动力股份有限公司关于召开 2025 年第一次临时股东大会的 ...

Group 1 - The company announced that its first extraordinary general meeting of shareholders for 2025 was held on July 31, 2025 [2] - The meeting approved the proposal regarding the revision and cancellation of the supervisory board [2]

证券代码：600482 证券简称：中国动力 公告编号：2025-053 债券代码：110808 债券简称：动力定 02 中国船舶重工集团动力股份有限公司 2025年第一次临时股东大会决议公告 本公司及董事会全体成员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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 7 月 31 日 (二)股东大会召开的地点：北京市海淀区昆明湖南路 72 号 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 462 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,379,783,723 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 61.2350 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，公司董事长李勇先生主持。本次股东大会采 1 取现场和网络投 ...

北京市金杜律师事务所 关于中国船舶重工集团动力股份有限公司 2025 年第一次临时股东大会 的法律意见书 致：中国船舶重工集团动力股份有限公司 北京市金杜律师事务所（以下简称本所）接受中国船舶重工集团动力股份有限 公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特别 行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件和现行有效 的《中国船舶重工集团动力股份有限公司章程》（以下简称《公司章程》）有关规 定，指派律师出席了公司于 2025 年 7 月 31 日召开的 2025 年第一次临时股东大 会（以下简称本次股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2024 年第四次临时股东大会审议通过的《公司章程》； 3. 公司于 2025 年 7 月 16 日刊登于上 ...

Group 1 - As of July 30, the stock price of China Power was 23.12 yuan, down 1.07% from the previous trading day [1] - The trading volume on that day reached 492 million yuan, with a turnover rate of 0.94% [1] - The company is a significant supplier of power equipment in China, with its main business covering the research and manufacturing of marine power equipment, gas turbines, and diesel engines [1] Group 2 - China Power will hold its first extraordinary general meeting of shareholders for 2025 on July 31, primarily to review amendments to the company's articles of association and the cancellation of the supervisory board meeting [1] - On July 30, the net outflow of main funds for China Power was 17.27 million yuan [1]