Market Overview - On January 15, A-shares opened lower, with the ChiNext index turning positive after a near 1% drop, while the Shenzhen Component index turned red. By the time of reporting, the Shanghai Composite index was down 0.2%, the Shenzhen Component index was up 0.21%, and the ChiNext index was up 0.23% [1] Sector Performance - The tourism sector rebounded collectively, with Zhongxin Tourism achieving a second consecutive limit-up. Other stocks such as Junting Hotel, Shaanxi Tourism, China Youth Travel, Jinjiang Hotel, and ShouLai Hotel also saw gains [2] - The photovoltaic sector opened low but recovered, with Tuori New Energy also achieving a second consecutive limit-up [1] Focus Stocks - Sunflower faced a significant drop, hitting a 20% limit down due to negative impacts from a terminated restructuring, with a sealed order amounting to approximately 250 million yuan [1] Institutional Insights - CITIC Securities indicated that despite recent regulatory measures to cool the market and prevent overheating risks, the overall trading activity in the equity market remains at historically high levels. Key indicators such as average daily trading volume and margin financing balances are above long-term averages, suggesting that securities firms are likely to continue benefiting [4] - CITIC Jiantou noted that the global interest rate cut cycle is entering its second half in 2026, with macro liquidity characterized by "internal and external easing resonance." The depreciation of the dollar and appreciation of the yuan are expected to support A-share strength [5] - Huatai Securities reported that the innovative drug sector is experiencing a liquidity recovery, with significant growth in BD transactions compared to the same period last year, indicating a potential bullish trend in the innovative drug market [6] -招商证券 suggested that the chemical industry may see marginal improvements in profitability as outdated production capacity is expected to be eliminated, following a period of price declines in chemical products [7]

公司13日晚间发布公告称，公司股票价格最近10个交易日累计上涨86.92%，存在股价短期涨幅较大后 续下跌的风险。当前可能存在市场情绪过热、非理性炒作风险，请广大投资者注意二级市场交易风险， 理性决策，审慎投资。 公司注意到近期市场对商业航天领域以及公司参股基金在该领域的投资情况关注度较高。截至目前，公 司参股的三只股权投资基金合计仅持有蓝箭航天空间科技股份有限公司0.89%股权，股权穿透后对公司 财务状况和经营成果影响较小。 鲁信创投(600783)14日盘中大幅跳水，触及跌停，成交超17亿元。此前的13个交易日，该股斩获11个涨 停板，累计涨近150%。 ...

今天（1月13日），"投资齐鲁 共赢未来"高质量发展资本对接活动在济南举行，一批基金和项目在会议 期间落地签约，总规模达347亿元。 人工智能成为本次对接活动的投资热门领域。此次签约设立的山东省鲁信工融新动能人工智能创投基金 合伙企业（有限合伙），总认缴规模达10亿元，其中鲁信创业投资集团股份有限公司及其全资子公司山 东省高新技术创业投资有限公司合计认缴4亿元。 鲁信创投董事长王旭冬介绍："该基金成立后，将重点投向人工智能及相关前沿科技领域，围绕人工智 能等新一代信息技术的上下游产业链进行前瞻布局。" 活动现场还进行了项目路演，艾恩（山东）半导体科技有限公司等五家企业进行了项目推介，并与现场 投资嘉宾深入沟通。2024年，艾恩半导体创始人团队感受到山东对第三代半导体产业的重视和支持力 度，将公司总部从广州迁来济南，公司以实现半导体制造离子注入环节国产替代为目标。"离子注入机 是芯片制造关键装备之一，此次融资目标为5000万，将用于科研、人才、原料等领域。"艾恩半导体融 资负责人田凤娇告诉记者。 值得一提的是，鲁信创投也是艾恩半导体的天使轮投资方之一，鲁信创投不仅为艾恩半导体注入了起步 资金，还参与了公司组织架 ...

会议期间，共有37只基金、13个项目落地山东，涵盖人工智能、高端装备制造、新能源、新材料、 生物医药等多个硬科技赛道。省发展改革委副主任李秋生表示，将为签约基金和项目建立全链条服务机 制，通过"一对一"跟踪对接，确保合作项目早落地、快见效。 人工智能成为本次对接活动的投资热门领域。此次签约设立的山东省鲁信工融新动能人工智能创投 基金合伙企业（有限合伙），总认缴规模达10亿元，其中鲁信创业投资集团股份有限公司及其全资子公 司山东省高新技术创业投资有限公司合计认缴4亿元。 37只基金13个项目落地山东 用耐心资本"浇灌"硬科技"新苗" 1月13日，"投资齐鲁 共赢未来"高质量发展资本对接活动在济南举行，一批基金和项目在会议期间 落地签约，总规模达347亿元。 本次活动重点推介150个拟融资项目，共吸引7只国家级基金、5家金融资产投资公司（AIC）及117 家国内私募股权投资机构和金融机构代表参与。 鲁信创投董事长王旭冬介绍："该基金成立后，将重点投向人工智能及相关前沿科技领域，围绕人 工智能等新一代信息技术的上下游产业链进行前瞻布局。" 活动现场还进行了项目路演，艾恩（山东）半导体科技有限公司等五家企业进行了项目 ...

Group 1 - New stock offering: Guoliang New Materials has an offering code of 920076, with an issue price of 10.76 yuan per share and a subscription limit of 812,000 shares [1] - The Ministry of Commerce announced the continuation of anti-subsidy measures on imported solar-grade polysilicon from the United States, effective January 14, 2026, for a period of five years [2] - The Ministry of Industry and Information Technology issued an action plan for the high-quality development of industrial internet platforms, aiming for over 450 influential platforms by 2028 and a connection of over 120 million industrial devices [3] Group 2 - The Ministry of Civil Affairs and eight other departments released measures to promote the silver economy, focusing on optimizing elderly care services and encouraging community-based operations [4] - Guangzhou's draft policy for integrated circuit industry development aims to support major projects through financial institutions and encourage venture capital participation [5] - Sichuan Province's action plan for a green manufacturing system aims to establish a comprehensive green manufacturing framework by 2030, with significant reductions in energy consumption and carbon emissions [6] Group 3 - Kweichow Moutai's board approved a market-oriented operation plan for 2026, establishing a dynamic adjustment mechanism for retail prices [7] - TCL Technology expects a net profit increase of 169% to 191% year-on-year for 2025 [9] - Baiwei Storage anticipates a net profit increase of 427.19% to 520.22% year-on-year for 2025 [10] - Morning Light Bio forecasts a net profit increase of 272.14% to 330.62% year-on-year for 2025 [11]

Group 1 - Hangxiao Steel Structure announced that it does not have a "commercial aerospace" business, with its main operations focused on steel structure contracting and related services, and a recent project contributing less than 1% to its 2024 audited revenue [1] - Tianlong Group stated that it has not generated additional revenue from AI tools, which are currently used internally for advertising content creation, and that the overall business operations remain unaffected [1] - Wanxing Technology confirmed that there are no undisclosed significant matters affecting its operations, and its business environment remains stable [2] Group 2 - Yaxing Chemical announced the termination of a share issuance and cash purchase of assets due to market changes and disagreements on asset valuation [2] - Zhejiang Shuculture clarified that its subsidiaries do not engage in GEO business, which has been misreported by media [2] - Luxshare Precision terminated the acquisition of assets from Wintime Technology due to delivery restrictions, with a request for the return of 1.53 billion RMB [3] Group 3 - Jinyu Group reported that its subsidiaries' revenues from specific projects are minimal compared to its overall revenue, with a small contribution from recent contracts [4] - Tongyu Communication highlighted that its stock price has significantly outpaced its fundamentals, indicating potential risks of a price correction [4] - Dongfang Mingzhu noted that the listing process for its investment in Chaoguhuan has uncertainties but currently does not impact its performance [5] Group 4 - Luyin Investment warned of risks associated with its stock price surge, which has increased by 86.92% over the last ten trading days [5] - Puyuan Information stated that its AI software platform is in the early commercialization stage, with limited revenue impact expected [6] - Zhejiang Wenhu Intermediary reported that its GEO business has not yet generated revenue, reflecting uncertainties in market acceptance [6] Group 5 - Xinhua News confirmed that its GEO business lacks a mature profit model and has not generated income [7] - People's Daily stated that it does not engage in GEO business and has not been affected by market rumors [7] - China First Heavy Industries reported minimal involvement in controllable nuclear fusion projects, with no significant revenue generated [8] Group 6 - Xibu Mining announced an increase in copper resources at the Yulong Copper Mine, adding 131.42 million tons of copper metal resources [8] - Jiurui New Materials commenced trial production of a new photoinitiator project, expected to cater to mainstream markets [9] - Tongda Sea indicated that AI-related revenue is low and does not significantly impact overall business performance [10] Group 7 - Zhenai Meijia's stock price has deviated significantly from market indices, prompting caution for investors [11] - Guizhou Moutai approved a new marketing strategy to enhance its sales channels and adapt to consumer demands [12] - Shunhao Co. plans to increase its stake in a subsidiary, reflecting confidence in future business prospects [14] Group 8 - A number of companies, including TCL Technology and Dazhu CNC, forecast significant profit increases for 2025, driven by operational improvements and market demand [19][22] - Long Cable Technology expects a profit increase due to changes in its employee stock plan and market conditions [22] - Jiangsu Electric Power reported a profit increase attributed to higher sales and reduced financial costs [29]

其中，为积极发挥国有资本引领带动作用，助力山东省人工智能产业高质量发展，鲁信集团直管企业鲁 信创投（600783），拟联合工银金融资产投资有限公司及其全资子公司工银资本管理有限公司、山东省 新动能绿色先行投资中心（有限合伙），共同发起设立山东省鲁信工融新动能人工智能创投基金合伙企 业（有限合伙）（下称"人工智能基金"），总认缴规模10亿元。鲁信创投及其全资子公司山东省高新技 术创业投资有限公司合计认缴4亿元。 中国发展网讯 记者高杨报道 1月13日上午，"投资齐鲁·共赢未来"高质量发展资本对接活动在首个国家 科创金融改革试验区济南市拉开序幕。国家级基金、金融机构、头部创投机构、产业投资方及优质科创 企业等共探产业与资本对接新模式，并落地签约一批重大基金及项目。一批拥有关键核心技术、创新能 力突出的科创企业，即将迎来"汩汩活水"。 "该基金成立后，将重点投向人工智能及相关前沿科技领域，围绕人工智能等新一代信息技术的上下游 产业链，例如新材料、核心设备、机器人、芯片、数据与下游应用等，以及山东省内重点支持的高端装 备、新材料、新能源等产业进行前瞻布局。"鲁信创投党委书记、董事长王旭冬表示。 作为山东省内最大、国内 ...

Core Viewpoint - The recent surge in the stock price of Lushin Venture Capital is attributed to the rising interest in the "commercial aerospace" sector, particularly due to the upcoming IPO of Blue Arrow Aerospace, which has a valuation exceeding 20 billion yuan [1][3][4]. Group 1: Stock Performance - On January 13, Lushin Venture Capital's stock hit a five-year high of 39.44 yuan per share, with a market capitalization of 29.36 billion yuan, marking an increase of over 140% in just 13 trading days [1][2]. - Since September 24, the company's stock has risen by more than 200% [2]. Group 2: Investment in Blue Arrow Aerospace - Lushin Venture Capital holds a total of 0.89% equity in Blue Arrow Aerospace through three funds, which has generated significant market interest [1][4]. - The funds under Lushin Venture Capital own approximately 320,340 shares of Blue Arrow Aerospace, valued at around 17.8 million yuan based on the company's 20 billion yuan valuation [4]. Group 3: Broader Investment Strategy - Lushin Venture Capital has invested in various hot concepts, including commercial aerospace and semiconductors, with stakes in companies like Beijing Aerospace and Chengdu Rongxi Semiconductor [1][6]. - The company has also invested in embodied intelligence projects such as Lush Stone Robotics and in the biomedicine sector with companies like Yingsais Intelligent and Weimai Medical [7]. Group 4: Financial Performance - For the first three quarters of 2025, Lushin Venture Capital reported revenues of 58.91 million yuan, a slight decrease of 0.03% year-on-year, while net profit increased by 3.43% to 321 million yuan [7]. - The investment income for the company reached 286 million yuan, a significant increase of 273.69% year-on-year, primarily due to stock disposals and gains from non-listed equity [7]. Group 5: IPO Pipeline and Challenges - Lushin Venture Capital has a total of 20 projects in its IPO pipeline, with three projects having their applications accepted by stock exchanges [9]. - The company has faced challenges with some of its investment projects, including the termination of the IPO application for Fujian Del Technology [11].

Strong Stocks - As of January 13, the Shanghai Composite Index fell by 0.64% to 4138.76 points, the Shenzhen Component Index decreased by 1.37% to 14169.4 points, and the ChiNext Index dropped by 1.96% to 3321.89 points [1] - A total of 75 stocks in the A-share market hit the daily limit, with the top three strong stocks being: Luxin Venture Capital (600783), Hangxiao Steel Structure (600477), and Julong Cable (002342) [1] - Detailed data for the top 10 strong stocks includes: - Luxin Venture Capital (600783): 13 days with 11 limit-ups, turnover rate of 20.18%, and closing price of 54.9 - Hangxiao Steel Structure (600477): 4 consecutive limit-ups, turnover rate of 15.79%, and closing price of 16.3 - Julong Cable (002342): 4 consecutive limit-ups, turnover rate of 39.34%, and closing price of 48.2 [1] Strong Concept Sectors - The top three concept sectors with the highest gains in the A-share market are: AI Applications, CRO Concept, and Cell Immunotherapy [2] - Detailed data for the top 10 concept sectors includes: - AI Applications: increased by 10.3% - CRO Concept: increased by 3.56% - Cell Immunotherapy: increased by 2.92% [3]

| 证券代码：600783 | 股票简称：鲁信创投 | | | 编号：临 | 2026-03 | | --- | --- | --- | --- | --- | --- | | 债券代码：155271 | 债券简称：19 | 鲁创 | 01 | | | | 债券代码：163115 | 债券简称：20 | 鲁创 | 01 | | | | 债券代码：137784 | 债券简称：22 | 鲁创 | K1 | | | | 债券代码：240884 | 债券简称：24 | 鲁创 | K1 | | | 鲁信创业投资集团股份有限公司 关于股票交易异常波动的公告 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。 重要内容提示： 1 鲁信创业投资集团股份有限公司（以下简称"公司"或"本公司"）股 票于 2026 年 1 月 9 日、12 日、13 日连续 3 个交易日内收盘价格涨幅偏 离值累计达到 20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动情况。 涨幅较大风险：2026 年 1 月 13 日，公司股票以涨停价收盘。公司 ...