Group 1 - The report aims to summarize important weekly deep reports, significant commentary, and marginal changes within the macro strategy team of large manufacturing [1] - Core stocks identified by the team include Huada Jiutian, Shanghai Yanpu, Zhejiang Rongtai, and others [1] - The core portfolio consists of companies such as Sany Heavy Industry, XCMG Group, and others, indicating a focus on key players in the manufacturing sector [1] Group 2 - As of July 18, 2025, the best-performing indices in the last week included Communication (+8%), Pharmaceutical Biology (+4%), and Automotive (+3%) [2][13] - The top three indices in the large manufacturing sector were Changjiang Lithium Battery Equipment Index (+5%), Automotive Parts (+4%), and Automotive (+3%) [2][15] - A deep report on Xuguang Electronics highlights its leadership in domestic vacuum devices and growth potential in controllable nuclear fusion and electronic materials [4] Group 3 - The report indicates that the total investment of approximately 1.2 trillion yuan in the Yarlung Zangbo River downstream hydropower project has commenced, driving demand for construction machinery [3] - The defense sector is expected to benefit from military trade leading to strategic reassessment, particularly in regions like the Middle East [3] - The competitive landscape for vacuum arc extinguishing chambers shows a high concentration in the domestic market, with a CR2 of about 60% [5] Group 4 - The report forecasts a revenue CAGR of approximately 35% for the megawatt-level electronic tube segment from 2024 to 2027 [4] - The power equipment business is expected to achieve a revenue CAGR of about 10% during the same period, driven by ongoing investments in the power grid [4] - The military business is projected to benefit from increased defense spending, with precision structural components expected to account for 58% of military revenue in 2024 [5] Group 5 - The report anticipates that the company will achieve revenues of 1.95 billion, 2.39 billion, and 3.03 billion yuan from 2025 to 2027, with a CAGR of 24% [4] - The expected net profit for the same period is projected to be 170 million, 210 million, and 270 million yuan, with a CAGR of 39% [4] - The report highlights the company's strong position in the domestic aluminum nitride materials market, benefiting from domestic substitution trends [5] Group 6 - The report notes that the company has a high market share in the medical information technology sector, covering approximately 60% of tertiary hospitals by the end of 2024 [6] - The expected growth in the domestic medical software industry is projected at a CAGR of 11.5% from 2024 to 2029 [6] - The company is collaborating with major players like Huawei to develop a comprehensive intelligent medical information platform [6]

Group 1 - The defense and military industry sector is experiencing localized activity, with significant gains in concepts such as large aircraft and military information technology [1] - The defense military ETF (512810) reached an 8-month high, with real-time transactions exceeding 47 million yuan [1] - Key stocks within the defense military ETF, including Changcheng Military Industry, have hit historical highs [1] Group 2 - Analysts indicate that the defense and military sector is currently in a layout window, with expectations for improved Q2 financial reports [3] - Q1 order volume has increased, leading to potential performance improvements for mid-to-upstream companies in Q2, with a turnaround in military component orders observed in June [3] - Anticipation of a busy Q3 with catalysts as the September 3 military parade approaches, likely increasing attention and trading activity in the sector [3] Group 3 - The defense military ETF (512810) covers a range of themes including commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, and military AI [4] - The ETF has undergone a share split in June, reducing the investment threshold by half, making it more accessible for investors [4] - The ETF is a financing and margin trading target, as well as an interconnectivity target [4]

Group 1 - The A-share military equipment sector is experiencing a strong upward trend, with significant stock price increases [1] - Construction Industrial has reached a new high with its stock price hitting the daily limit [1] - Newyu Guoke has surged over 15% in stock price [1] Group 2 - Inner Mongolia First Machinery Group, AVIC Chengfei, and Hongdu Aviation are also seeing stock price increases [1]

Core Viewpoint - The legal opinion confirms that the procedures for convening and holding the second extraordinary general meeting of Inner Mongolia First Machinery Group Co., Ltd. are in compliance with relevant laws and regulations, ensuring the legitimacy and validity of the meeting and its resolutions [2][6]. Group 1: Meeting Procedures - The company held its seventh board meeting on June 23, 2025, which approved the proposal to convene the second extraordinary general meeting [3]. - The meeting notice was published on June 24, 2025, detailing the time, location, convenor, and agenda of the meeting, as well as the rights of shareholders to attend and vote [4]. - The meeting was conducted through both on-site and online voting, with the on-site meeting taking place on July 18, 2025, at 15:00 in Baotou City [4]. Group 2: Qualifications of Participants - The meeting was convened by the company's seventh board of directors, which had previously approved the meeting proposal [5]. - A total of 1,625 shareholders and their proxies participated in the meeting, holding 1,015,131,870 shares with voting rights, representing 59.6506% of the total voting shares [5]. Group 3: Voting Procedures and Results - The voting process combined on-site and online methods, adhering to the company's articles of association for counting and monitoring votes [5]. - All proposed resolutions were approved by the shareholders or their proxies during the meeting, with results announced immediately by the meeting host [6].

Group 1 - The board of directors of Inner Mongolia First Machinery Group Co., Ltd. held its first meeting of the eighth session on July 18, 2025, where key resolutions were made [1][2] - Wang Yongle was elected as the chairman of the eighth board of directors and legal representative, with a term starting from the approval date until the end of the board's term [1][2] - The board approved the adjustment of the specialized committees, with members appointed for the duration of the eighth board's term [2] Group 2 - The board appointed several vice presidents, including Wang Baoying, Cao Fuhui, Ding Lisheng, Wang Yu, Li Guohua, and Gao Hongqiang, effective from the approval date until the end of the board's term [2][3] - Li Zhiqiang was appointed as the chief accountant and board secretary, with the same term conditions [3] - Liang Yan was appointed as the securities affairs representative [3] Group 3 - Wang Yongle, born in 1975, has held various leadership positions within the company and currently serves as the chairman and secretary of the party committee [4][5] - Wang Baoying, born in 1969, is a senior engineer and currently serves as a vice president of the company [5][6] - Cao Fuhui, born in 1971, is also a senior engineer and serves as a vice president [6] - Ding Lisheng, born in 1967, has extensive experience in the company and currently serves as a vice president [7] - Wang Yu, born in 1978, is a vice president with a background in engineering [8] - Li Guohua, born in 1980, is a vice president with a master's degree from the Central Party School [9] - Gao Hongqiang, born in 1974, is a vice president and has held various managerial roles [10]

证券代码：600967 证券简称：内蒙一机 公告编号：临 2025-039 号 内蒙古第一机械集团股份有限公司 关于完成董事会换届选举及聘任高级管理人员的公告 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。 一、董事会换届选举情况 审计风险防控委员会：王致用、王永乐、陈阳、杨为乔、苑士华，召集人王致用。 提名薪酬与考核委员会：杨为乔、陈阳、王致用，召集人杨为乔。 （一）董事会换届选举情况 2025 年 7 月 18 日，公司召开 2025 年第二次临时股东会，选举王永乐、陈阳为公 司第八届董事会非独立董事，选举苑士华、王致用、杨为乔、王克运为公司第八届董 事会独立董事。前述人员与公司职工代表大会选举产生的职工董事丁利生，共同组成 公司第八届董事会。第八届董事会董事简历详见公司 2025 年 6 月 24 日披露的《七届 二十三次董事会决议公告》（临 2025-028 号）和 2025 年 7 月 17 日披露的《关于选 举职工董事的公告》（公告编号：临 2025-036 号）。 （二）董事长选举情况 2025 年 7 月 18 ...

证券代码：600967 证券简称：内蒙一机 公告编号：临 2025-037 号 内蒙古第一机械集团股份有限公司 2025年第二次临时股东会决议公告 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： ●本次会议是否有否决议案：无 一、会议召开和出席情况 （一）股东会召开的时间：2025 年 07 月 18 日 （二）股东会召开的地点：内蒙古包头市青山区民主路公司二楼视频会议室 | 1.出席会议的股东和代理人人数 | 1,625 | | --- | --- | | 2.出席会议的股东所持有表决权的股份总数（股） | 1,015,131,870 | | 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 | 59.6506 | | 数的比例（%） | | （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。 本次股东会由公司董事会召集，会议由王永乐董事长主持，会议采取现场及网络 相结合的投票方式，符合《中华人民共和国公司法》及《公司章程》的规定。 （五）公司董事、监事和董事会秘书的出席情况 1. ...

北京德和衡律师事务所 关于内蒙古第一机械集团股份有限公司 2025年第二次临时股东会的 法律意见书 德和衡证见意见（2025）第00160号 中国·北京市朝阳区建国门外大街 2 号银泰中心 C 座 11、12 层 电话：(+8610)85407666 邮编：100022 网址：www.deheheng.com 中国北京市朝阳区建国门外大街 2 号北京银泰中心 C 座 11 层、12 层 德和衡证见意见（2025）第00160号 致：内蒙古第一机械集团股份有限公司 北京德和衡律师事务所（以下简称"本所"）接受内蒙古第一机械集团股份 有限公司（以下简称"公司"）的委托，指派本所律师出席公司 2025 年第二次 临时股东会（以下简称"本次股东会"），本所律师根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）、《内蒙古第一机械集团股份有限公司章程》（以下简称"《公 司章程》"）以及其他相关法律、法规、规范性文件，就本次股东会的有关事宜 出具本法律意见书。 本法律意见书仅就本次股东会的召集和召开程序、会议召集人和出席会议人 员的资格、会议表决程序和表决结果的 ...

证券代码：600967 证券简称：内蒙一机 公告编号：临 2025-038 号 内蒙古第一机械集团股份有限公司 八届一次董事会决议公告 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、董事会会议召开情况 （一）本次董事会会议的召开符合有关法律、行政法规、部门规章、规范性文件 和《公司章程》的规定。 （二）内蒙古第一机械集团股份有限公司八届一次董事会会议通知于 2025 年 7 月 13 日以书面和邮件形式告知全体董事。 （三）本次会议于 2025 年 7 月 18 日在公司二楼会议室以现场方式召开并形成决 议。 （四）会议应参加表决董事 7 名（其中独立董事 4 名），实际参加表决董事 7 名。 会议由董事过半数推举王永乐董事主持。公司部分监事列席了会议。 二、董事会会议审议情况 经出席董事审议，以投票表决方式通过以下议案： 1.审议通过《关于选举公司第八届董事会董事长议案》。 同意选举王永乐任公司第八届董事会董事长、法定代表人，任期自本次董事会审 议通过之日起至第八届董事会任期届满之日止。 战略投资与预算委员会：王永乐、 ...

Core Viewpoint - The report highlights significant adjustments in the heavy holdings of Liu Gesong's six funds managed by GF Fund, particularly in the new energy vehicle and semiconductor sectors, with a notable shift towards new consumption, internet, and military industries [1][2]. Fund Holdings Adjustment - Liu Gesong's funds have reduced their positions in several previously favored stocks, including: - North Huachuang: Holdings decreased by approximately 17.69% to 161,240 shares [2]. - Seres: Holdings reduced by 9.14% [6]. - EVE Energy: Holdings decreased by 4.16% [6]. - JinkoSolar: Holdings down by 10.77% [6]. - Conversely, there has been a significant increase in holdings of stocks such as: - DeYe Co.: Increased by 40% [3][8]. - Xichuang Data: Increased by nearly 76% [3]. - Xiaomi Group-W: Increased by 25.66% [7]. Fund Performance - The overall performance of Liu Gesong's funds in Q2 was underwhelming, with all funds experiencing net redemptions: - The best-performing fund, GF Multi-Dimensional Emerging, recorded a net value growth rate of 7.91% [4]. - Other funds, such as GF Small Cap Growth A and C, reported growth rates of 2.38% and 2.28%, respectively [4]. - GF Innovation Upgrade and GF Technology Pioneer recorded negative returns [4]. Market Context - The A-share market saw mixed performance in Q2, with the Shanghai Composite Index rising by 3.26% and the Shenzhen Component Index slightly declining by 0.37% [5]. - Key sectors such as military, banking, and telecommunications showed significant gains, while sectors like food and beverage, home appliances, and steel performed poorly [5]. - Liu Gesong remains optimistic about the domestic economy's resilience, citing factors such as the easing of geopolitical tensions and supportive domestic policies [5].