每经AI快讯，9月9日，中信建投研报指出，未来中期看，全球流动性对金价有一定支撑。本轮全球降 息周期非美央行先于美联储降息，全球流动性外溢效应推升黄金。近期美国通胀数据不及预期，关税对 通胀压力可能没有市场预期那么明显，从现实通胀预测指标来看，预计年内美国通胀风险可控。美联储 降息仍有空间，近期美联储沃勒、鲍曼表示支持最早在7月降息。部分央行会跟随美联储降息，因此全 球降息潮尚未结束，金价中期有支撑。 ...

人民财讯9月9日电，中信建投研报分析称，8月继续实现进出口双增长，贸易差额同比维持两位数增 速，同比增速有所下滑但总体外贸情况仍处于较好状态。从关联数据来看，9月初集装箱吞吐量出现明 显增长，贸易活跃度仍在边际提升。同时，人民币汇率连续5个月维持升值，体现海外市场对人民币的 需求旺盛，外贸需求仍存在。总的来看，随着全球关税格局进入平稳期，外贸结构性调整趋于成熟，出 口情况预计逐步趋于稳定。 转自：证券时报 ...

Announcement Overview - The CITIC Securities Investment Fund will officially change from a collective asset management plan to a securities investment fund starting September 8, 2025 [1] - Holders of the original asset management plan who do not redeem during the transition period will have their shares automatically converted to the corresponding fund shares [1] Fund Subscription and Redemption - The fund shares will be open for subscription on every trading day, with a minimum holding period of 6 months for each share [3][4] - During the minimum holding period, shares cannot be redeemed; redemption requests can only be made after the holding period ends [3][4] - The fund management may adjust the subscription and redemption times based on changes in trading markets or other special circumstances [2] Subscription Details - The minimum initial subscription amount through other sales institutions is RMB 1, while the minimum for direct sales is RMB 20,000 [5][6] - There are no limits on additional subscription amounts [5] - The fund management may set limits on the total amount of subscriptions or the maximum amount per day to protect existing investors [7] Subscription Fees - A front-end fee applies to A-class fund shares, while C-class shares do not incur any subscription fees [8] - The fund management can adjust the fee rates and promotional activities as per market conditions [9] Redemption Details - The minimum redemption request is one share, and holders can redeem all or part of their shares [14] - A redemption fee will be charged for shares held for less than 7 days [15] - The redemption price will be based on the net asset value calculated at the end of the trading day [16] Investment Plan - The fund does not currently offer conversion services between funds [20] - Regular investment plans can be initiated through designated sales institutions, with a minimum investment amount starting at RMB 1 [22] Fund Management and Disclosure - The fund management will disclose the net asset value and cumulative net asset value regularly through various media [28] - Investors are encouraged to read the fund contract and prospectus for detailed information [29]

登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 经中国证券监督管理委员会（简称"中国证监会"）"证监许可〔2023〕483号文"批准，航天南湖电子信 息技术股份有限公司（简称"公司"或"航天南湖"）首次向社会公开发行人民币普通股（A股）8,431.2701 万股，每股面值1.00元。本次公司发行新股的发行价为21.17元/股，募集资金总额为178,489.99万元，扣 除发行费用12,827.61万元后，实际募集资金净额为165,662.37万元。本次公开发行股票于2023年5月18日 在上海证券交易所上市。中信建投证券股份有限公司（简称"中信建投证券"或"保荐人"）担任本次公开 发行股票的保荐人。根据《证券发行上市保荐业务管理办法》，由中信建投证券完成持续督导工作，出 具本持续督导跟踪报告。 一、持续督导工作情况 ■ 二、保荐人和保荐代表人发现的问题及整改情况 在本持续督导期间，保荐人和保荐代表人未发现航天南湖存在重大问题。 三、重大风险事项 在本持续督导期间，公司主要的风险事项如下： （一）核心竞争力风险 1、技术研发风险 防空预警雷达产品研发周期较长、研发资金投入较大，需适应复杂多样的军事战斗环境 ...

近日，马上消费金融股份有限公司（简称"马上消费"）正式披露了其首次公开发行股票并上市的辅导工 作进展报告（第十九期），标志着这家科技驱动型金融机构向A股市场迈出了关键一步。中金公司与中 信建投两大知名券商将担任其上市辅导机构，为马上消费的IPO之路保驾护航。 | 营业支出 | | | | | --- | --- | --- | --- | | 税金及附加 | 26 | (93.073.188.83) | (95,649,114.60) | | 业务及管理费 | 27 | (7.157.824.162.21) | (6,257,811,231.11) | | 研发费用 | 28 | (1,392,291,802.90) | (1,029,786,555.42) | | 信用减值损失 | 29 | (3,860,374,661.48) | (6.023,883,052.06) | | 其他业务支出 | 30 | (185,506.45) | (3,120,869.58) | | 营业支出合计 | | (12,503,749,321.87) (13,410,250,822.77) | | | 营业利润 | | 2, ...

9月8日，软控股份通过电话会议形式接受了中信建投、华泰资产、天风证券、嘉实基金、财通证券、施 罗德投资等6家机构的调研。公司证券部及子公司领导接待了来访机构，就锂电业务布局、产品、竞争 优势、固态电池布局、客户结构及毛利率等方面进行了交流。 锂电业务布局与产品 浙江软控智能科技股份有限公司作为软控子公司，为锂电池等生产制造商提供物料自动化处理整体解决 方案，助力客户向数字化、柔性化、智能化转型升级。其主要产品为定制化的物料自动化处理智能产线 和设备，形成了以"智能设备-物料处理系统-智能软件-智能产线"为支撑的整线产业布局。自主研发四大 产品系统，物料自动化产线和单机设备可满足多项或单项物料处理工艺需求。同时，基于前端配料、匀 浆工序优势，产品已扩展至涂布机等锂电前段核心设备，覆盖锂电池极片制片全环节。 竞争优势与固态电池布局 经过多年发展，软控股份凭借完备的核心技术储备和行业应用经验，能为锂电池行业客户提供定制化解 决方案，产品获宁德时代等下游龙头认可，已成为主要供应商之一。公司持续研发投入，在电池领域物 料自动化处理重要环节拥有核心技术，通过专利转化形成众多核心设备和产品。 客户结构与毛利率分析 公司锂电 ...

智通财经APP获悉，中信建投发布研报称，美联储议息会议前最关键的数据美国非农就业数据表现显著 低于预期，9月16-17日议息会议宣布降息几无悬念，同时年内降息3次的概率接近80%，美元指数明显 走弱，激发黄金货币属性与铜的金融属性，黄金价格不断刷新高点，打开权益标的上行空间。一则低利 率激发价格，二则金属战略地位提升估值，有色各个子版块全面开花，价格驱动EPS与情绪改善及战略 定位提升PE的双击进行时，建议积极参与。 中信建投主要观点如下： 行业动态信息 美国8月新增非农就业2.2万，低于预期值7.5万和前值7.9万，前两月数据合计下修2.1万;失业率4.3%，略 高于前值4.2%，为2021年11月以来最高。非农公布后，利率观测工具隐含的9月降息概率维持100%，年 内降息次数从2.4次升至2.8次，即9月、10月、12月有大约80%的概率连续降息3次。降息预期强化，美 元指数走低，黄金的货币属性被进一步激发，金价不断刷新历史高点，上方去向4000美元的空间打开。 黄金板块的主要标的普遍计价3300美元金价20倍左右PE，随着金价上方空间打开，黄金标的亦获得向 上弹性。 铜：突破8w关口的反复尝试 短期消费 ...

Group 1 - The core viewpoint of the article highlights the strong performance of Broadcom in Q3, achieving revenue of $15.95 billion, a 22% year-over-year increase, surpassing analyst expectations and previous guidance, marking the highest revenue for the same period in the company's history [1] - Broadcom's guidance for Q4 indicates expected revenue of approximately $17.4 billion, reflecting a 23.8% year-over-year growth, exceeding market expectations of $17.05 billion [1] - The communication ETF (515880) experienced a significant decline of over 8% during intraday trading, with active trading volume exceeding 1.4 billion yuan, while net inflows over the past 10 days exceeded 4.3 billion yuan, positioning it as the largest in its category with a current scale of over 11.2 billion yuan [1] Group 2 - The recent adjustment in the computing power sector is noted, with Citic Securities stating that Broadcom's performance reaffirms the high prosperity of the computing power industry chain [1] - The penetration rate of AI large models remains low, indicating that the industrialization cycle has just begun, and investments in computing power driven by large models are expected to grow significantly [1] - The communication ETF (515880) has nearly 50% allocation in optical modules, with "optical modules + servers + optical fibers + copper connections" accounting for over 75%, suggesting a strategic focus on the core engines of computing power [1]

Group 1 - On September 5, Tianrui Automotive Interior (06162) transferred shares from CITIC Securities to Futu Securities International Hong Kong, with a market value of HKD 96.96 million, accounting for 25.25% of the total [1] - On September 3, H&C Group Holding Limited reduced its holdings in Tianrui Automotive Interior by approximately 492 million shares at an average price of HKD 0.1682 per share, totaling around HKD 82.80 million [1] - After the reduction, H&C Group's latest shareholding is 560 million shares, representing a holding percentage of 28% [1]

中信建投证券研报称，近日，工业和信息化部、市场监督管理总局联合印发《电子信息制造业2025— 2026年稳增长行动方案》。其中提到，提升协同攻关效率，支持全固态电池等前沿技术方向基础研究。 这一政策推出正值锂电设备行业即将迎来固态电池专项中期审查与电池厂和整车厂中试线招标的关键节 点，行业有望在政策催化下发展进一步加速。此外，锂电设备企业披露半年报，固态电池作为新技术被 频繁提起，设备公司从今年6月起开始陆续给下游厂商交付固态电池相关设备，并且今年上半年固态设 备订单快速增长。这都预示着固态电池产业化进程显著提速，产业链各环节的投资机会也日益凸显，设 备端作为整个产业资本开支的最上游，将率先受益。 ...