天眼查工商信息显示，近日， 四川长虹佳华信息产品有限责任公司发生工商变更，注册资本由8亿人民 币增至11.5亿人民币，增幅43.75%，同时，部分主要人员发生变更。四川长虹佳华信息产品有限责任公 司成立于2004年10月，法定代表人为祝剑秋，经营范围包括 出版物批发、出版物互联网销售、计算机 软硬件及辅助设备批发等。股东信息显示，该公司由港虹实业有限公司、WIDE MIRACLE LIMITED共 同持股。 ...

Core Insights - The report indicates that China's ice and snow industry is expected to exceed 1 trillion yuan, reaching 10,053 billion yuan in 2023, highlighting the growing significance of the ice and snow economy [1] - The upcoming international skiing events in Beijing, including the qualification for the 2026 Milan Winter Olympics, will enhance brand exposure for sponsors like Changhong, showcasing their products and international development [1][2] - Changhong's sponsorship of top-tier events is part of a broader strategy to accelerate its brand internationalization and connect with global consumers through high-profile sports [2] Group 1: Brand Internationalization - Changhong is leveraging the international influence of ice and snow sports to enhance its global brand recognition and emotional connection with consumers [2] - The participation of top athletes from over 20 countries in the upcoming events will increase visibility in key overseas markets for Changhong [2] - The sponsorship aligns Changhong with the spirit of ice and snow sports, aiming to transform its identity from "Made in China" to "Global Partner" [2] Group 2: Consumer Trends - The collaboration with international skiing events has allowed Changhong to resonate its AI home appliances with the values of excellence and breaking limits associated with ice and snow sports [3] - Innovative products like the Q10Air AI TV and other appliances are designed to enhance the consumer experience during the ice and snow season, showcasing advanced technology [3][4] - The alignment with ice and snow culture is expected to boost short-term sales and drive product structure upgrades for Changhong [4] Group 3: Industry Synergy - The ice and snow economy is projected to become a new engine for economic growth, with the industry expected to exceed 187.5 billion yuan in consumption during the 2024-2025 season, reflecting a growth of over 25% [6] - Changhong's sponsorship is fostering the popularization of ice and snow sports while promoting deep integration between the home appliance industry and ice and snow scenarios [6] - The synergy between the ice and snow economy and Changhong's global strategy is enhancing the international presence of Chinese manufacturing and contributing to the overall growth of the ice and snow industry [6]

今年8月，国务院发布了《关于深入实施"人工智能+"行动的意见》，对人工智能与各行各业深度融合作出战略部署，在《意见》的指引下，四川制造业正经 历一场智能化变革。接下来，我们就跟随记者深入生产一线，走进能源重装、消费电子等领域车间，感受AI赋能下四川制造业的新变化。 01 智能制造 精度与效率实现"双增" 在一座生产汽轮机叶片的工厂，记者看到，智能物流设备正快速移动，将叶片毛坯精准送达机器人臂的"手中"，在这近万平方米的厂房区域中，维持运转的 人员仅有10多人。 东方汽轮机叶片分厂厂长 任宗华：通过智能制造，让我们的人均效率达到了650%，质量水平也全部达到99%以上，通过AI实时监测与管控，我们的精度已 经达到0.03毫米级。 0.03毫米，相当于一张A4纸厚度的三分之一，精细度堪比一根头发丝。智能制造不仅提升了精度，也提升了效率。 长虹智慧显示（中国）MES工作室主任 冯楚贤：我们这条生产线通过MES系统和AI视觉检测深度融合，以前我们的质量检测需要人工一个一个去看，现在 AI系统可以实时检测每一台电视的画质、声音、端口功能这些。 在这里，所有订单信息、生产进度、物料调配都集成在一个数字化管控平台上。通过" ...

Quantitative Models and Construction Methods 1. Model Name: Liquidity Impact Coefficient Model - **Model Construction Idea**: This model measures the liquidity impact of index adjustments on individual stocks by calculating the ratio of net fund flows to the stock's recent average daily trading volume[12][13] - **Model Construction Process**: The liquidity impact coefficient for a stock is calculated as follows: $$ impact_{i} = \sum_{k=1}^{N} \frac{\Delta weight_{k,i} \times AUM_{k}}{amt\_avg_{i,20}} $$ - \( \Delta weight_{k,i} \): Estimated weight change of stock \( i \) in index \( k \) - \( AUM_{k} \): Total assets under management of passive products tracking index \( k \) as of the end of November - \( amt\_avg_{i,20} \): Average daily trading volume of stock \( i \) over the past 20 trading days as of the end of November[12][13] - **Model Evaluation**: The model provides a quantitative framework to estimate short-term liquidity shocks caused by index adjustments, but it is subject to data discrepancies and assumptions, which may lead to deviations from actual results[13] --- Model Backtesting Results Liquidity Impact Coefficient Model - **Top 5 Stocks with Highest Positive Impact Coefficients**: - Zhangjiagang Bank (002839 CH): 11.55[15] - Jiangzhong Pharmaceutical (600750 CH): 11.44[15] - Tower Group (002233 CH): 11.04[15] - Jichuan Pharmaceutical (600566 CH): 10.14[15] - Zhengbang Technology (002157 CH): 9.99[15] - **Top 5 Stocks with Highest Negative Impact Coefficients**: - Shenzhen Expressway (600548 CH): -24.95[16] - Vanward Electric (002543 CH): -20.90[16] - Aviation Materials (688563 CH): -14.06[16] - Huaxi Biology (688363 CH): -10.81[16] - Ninghu Expressway (600377 CH): -10.54[16] --- Quantitative Factors and Construction Methods 1. Factor Name: Net Fund Flow Factor - **Factor Construction Idea**: This factor estimates the net fund inflow or outflow for stocks due to index adjustments, based on changes in index weights and the total AUM of passive products tracking the index[9][10] - **Factor Construction Process**: - Outflow Amount: Total AUM of linked products multiplied by the stock's actual weight in the index as of the end of November - Inflow Amount: Total AUM of linked products multiplied by the estimated weight of the stock in the index post-adjustment - Weight estimation is based on free-float market capitalization and index-specific weighting rules, such as dividend yield weighting or market capitalization weighting[9][10] - **Factor Evaluation**: The factor provides a transparent and systematic approach to estimate fund flows, but it is sensitive to assumptions about future index weights and AUM changes[9][10] --- Factor Backtesting Results Net Fund Flow Factor - **Top 5 Stocks with Highest Net Fund Inflows**: - Victory Precision (300476 CH): 112.61 billion CNY[10] - Dongshan Precision (002384 CH): 99.32 billion CNY[10] - Guangqi Technology (002625 CH): 77.81 billion CNY[10] - Sugon Information (603019 CH): 65.44 billion CNY[10] - Top Group (601689 CH): 53.07 billion CNY[10] - **Top 5 Stocks with Highest Net Fund Outflows**: - China Mobile (600941 CH): -40.02 billion CNY[11] - CRRC Corporation (601766 CH): -36.40 billion CNY[11] - Aluminum Corporation of China (601600 CH): -34.29 billion CNY[11] - TCL Zhonghuan (002129 CH): -30.07 billion CNY[11] - Huagong Tech (000988 CH): -27.44 billion CNY[11]

Core Insights - The black home appliance sector experienced a rise of 0.71% on December 1, with *ST Gauss leading the gains [1] - The Shanghai Composite Index closed at 3914.01, up 0.65%, while the Shenzhen Component Index closed at 13146.72, up 1.25% [1] Stock Performance - *ST Gauss (002848) closed at 8.40, with a gain of 5.00% and a trading volume of 128,200 shares, amounting to a transaction value of 107 million yuan [1] - Sichuan Jiuzhou (000801) closed at 16.50, up 1.66%, with a trading volume of 364,400 shares and a transaction value of 601 million yuan [1] - Non-Chi Co., Ltd. (002429) closed at 6.49, up 1.25%, with a trading volume of 536,800 shares and a transaction value of 347 million yuan [1] - Sichuan Changhong (600839) closed at 9.57, up 1.16%, with a trading volume of 735,800 shares and a transaction value of 700 million yuan [1] - Other notable stocks include Cheny Intelligent (301578) at 66.55 (+0.87%), and Hisense Visual (600060) at 25.92 (+0.04%) [1] Capital Flow - The black home appliance sector saw a net inflow of 2.1 million yuan from institutional investors, while retail investors contributed a net inflow of 5.57 million yuan [1] - However, there was a net outflow of 57.85 million yuan from speculative funds [1] Individual Stock Capital Flow - Sichuan Changhong (600839) had a net inflow of 57.79 million yuan from institutional investors, but a net outflow of 38.90 million yuan from speculative funds [2] - *ST Gauss (002848) experienced a net inflow of 11.90 million yuan from institutional investors, with a net outflow of 6.17 million yuan from speculative funds [2] - Other stocks like Extreme Technology (688696) and Sichuan Jiuzhou (000801) also showed varied capital flows, with significant net outflows from speculative funds [2]

格隆汇11月28日丨四川长虹(600839.SH)公布，截至2025年11月28日，公司已累计回购股份2,226,300 股，占公司截至本公告披露日总股本的比例为0.0482%，购买的最高价为人民币10.01元/股、最低价为 人民币9.32元/股，已支付的资金总额为人民币21,752,547元（不含交易费用）。 ...

证券代码：600839 证券简称：四川长虹 公告编号：临 2025-090 号 四川长虹电器股份有限公司 关于与专业投资机构共同投资设立 创业投资基金的进展公告 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。 一、对外投资概述 2024 年，四川长虹电器股份有限公司（以下简称"公司"或"四川长虹"） 作为有限合伙人（LP）与专业投资机构共同投资设立四川高校科技成果转化创 业投资合伙企业（有限合伙）（以下简称"创业投资基金"或"合伙企业"）， 创业投资基金的认缴出资总额为 282,828 万元，其中公司以自有资金认缴出资 3,000 万元，占认缴出资总额约 1.06%。 2024 年 12 月 30 日，创业投资基金在中国证券投资基金业协会完成私募投 资基金的备案手续，取得《私募投资基金备案证明》。 2025 年 4 月 24 日，合伙企业召开 2025 年度第二次全体合伙人会议，全体 合伙人一致决议同意新增有限合伙人、变更有限合伙人、调整基金认缴规模、 重新签订基金合伙协议等议案。同日，全体合伙人重新签署了《四川高校科技 成果 ...

重要内容提示： | 回购方案首次披露日 | 2025/5/9 | | --- | --- | | 回购方案实施期限 | 年 月 日~2026 年 月 日 2025 6 26 6 25 | | 预计回购金额 | 人民币 25,000万元~50,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 2,226,300股 | | 累计已回购股数占总股本比例 | 0.0482% | | 累计已回购金额 | 21,752,547元 | | 实际回购价格区间 | 9.32元/股~10.01元/股 | 一、回购股份的基本情况 四川长虹电器股份有限公司（以下简称"公司"或"四川长虹"）分别于 2025 年 5 月 8 日、2025 年 6 月 26 日召开第十二届董事会第二十七次会议、2024 年年 度股东大会审议通过了《关于公司回购股份方案的议案》，同意公司使用自有资金 及股票回购专项贷款资金，通过上海证券交易所交易系统以集中竞价交易方式回 购公司发行的人民币普通股 A 股股份，回购资金总额不低于人民币 25 ...

截至发稿，四川长虹市值为437亿元。 每经头条（nbdtoutiao）——已有75人遇难，1名死者为消防员，还有10名消防员受伤！记者现场直击香 港大埔火灾：燃烧的宏福苑，五级大火的五个谜团 （记者 王晓波） 每经AI快讯，四川长虹（SH 600839，收盘价：9.46元）11月28日晚间发布公告称，截至2025年11月28 日，公司已累计回购股份约223万股，占公司截至本公告披露日总股本的比例为0.0482%，购买的最高 价为人民币10.01元/股、最低价为人民币9.32元/股，已支付的资金总额为人民币约2175万元。 2025年1至6月份，四川长虹的营业收入构成为：家电占比44.31%，ICT产品及服务占比34.75%，通用设 备制造占比10.22%，中间产品占比2.85%，运输和加工占比1.96%。 ...

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。 四川长虹电器股份有限公司（以下简称"公司"）于 2025 年 11 月 28 日召开 第十二届董事会第三十九次会议，审议通过了《关于聘任公司证券事务代表的议 案》，同意聘任肖雅女士为公司证券事务代表，协助董事会秘书开展工作，任期 自公司本次董事会审议通过之日起至第十二届董事会任期届满之日止。 证券代码：600839 证券简称：四川长虹 公告编号：临 2025-092 号 四川长虹电器股份有限公司 关于聘任证券事务代表的公告 肖雅女士已取得上海证券交易所上市公司董事会秘书资格证书，具备履行职 责所必须的专业知识和工作经验，其任职资格符合《公司法》《上海证券交易所 股票上市规则》等相关法律法规的要求。肖雅女士简历详见附件，具体联系方式 如下： 联系电话：0816-2418700 特此公告。 四川长虹电器股份有限公司董事会 2025 年 11 月 29 日 1 电子邮箱：eva.xiao@changhong.com 通讯地址：四川省绵阳市绵兴东路 35 号 邮政编码：621000 附件 ...