截至发稿，中科三环市值为164亿元。 每经AI快讯，中科三环（SZ 000970，收盘价：13.49元）发布公告称，2025年12月5日，中科三环接受 方正证券等投资者调研，公司田文斌、王依涵参与接待，并回答了投资者提出的问题。 2025年1至6月份，中科三环的营业收入构成为：制造业占比95.18%，其他业务占比4.82%。 每经头条（nbdtoutiao）——秒光、售罄！银行大额存单成稀缺资源，2%以上产品很难抢，有的门槛高 达1000万元！专家：存款利率或长期下行 （记者 曾健辉） ...

登录新浪财经APP 搜索【信披】查看更多考评等级 根据《中华人民共和国证券投资基金法》、《公开募集证券投资基金运作管理办法》和《融通央企精选 混合型证券投资基金基金合同》（以下简称"基金合同"或"《基金合同》"）的有关规定，融通央企精选 混合型证券投资基金（以下简称"本基金"）基金资产净值连续低于5000万元，现将有关事项提示公告如 下： 一、本基金基本信息 ■ 二、相关情形说明 根据基金合同"第五部分 基金备案"之"三、基金存续期内的基金份额持有人数量和资产规模"的约定： 《基金合同》生效后，连续20个工作日出现基金份额持有人数量不满200人或者基金资产净值低于5000 万元情形的，基金管理人应当在定期报告中予以披露；连续50个工作日出现前述情形的，基金管理人应 当按照基金合同的约定程序进行基金财产清算并终止基金合同，不需要召开基金份额持有人大会。 根据基金合同"第十八部分基金的信息披露"之"五、公开披露的基金信息"的"（七）临时报告"第23项的 约定：本基金"连续三十个工作日、四十个工作日、四十五个工作日出现基金份额持有人数量不满二百 人或者基金资产净值低于五千万元情形的",基金管理人应当在2日内编制临时 ...

12月3日，由方正证券（601901）主办、证券时报提供媒体支持的"方华正茂 砺行致远"方正证券私募基 金大会在上海举行，超200家私募参会，大会旨在搭建专业交流平台，促进私募行业生态良性互动，推 动私募机构与资本市场的高效对接。 作为拥有37年历史的大型综合券商，方正证券执行委员会主任、总裁姜志军在致辞时表示，该公司正坚 定向财富管理特色鲜明的大型综合券商转型，聚焦"大财富、大投交、大资管、大机构"四大业务板块。 未来，将重点在资金、交易和研究体系三方面发力私募业务。 作为媒体支持方，证券时报社党委委员、副总编辑汤泳在致辞中表示，今年私募基金行业呈现两大显著 新变化：一是量化私募强势回归，百亿量化私募数量首次超过主观策略；二是随着市场风格平稳，凭借 扎实投研的老牌主观私募业绩回暖。 在主题演讲环节，方正证券首席经济学家燕翔、毕盛投资首席投资官王康宁、蒙玺投资总经理李骧分别 就各自研究领域进行了主题演讲。 此外，大会期间还举办了第三届"方华杯"私募成长计划优秀管理人颁奖仪式，表彰表现卓越的私募机 构。同时，创新推出的"方华好友荟"交流展，为私募管理人与机构投资者搭建了直接交流的平台。 方正证券将三方面发展私募 ...

12月3日，由方正证券主办、证券时报提供媒体支持的"方华正茂・砺行致远"方正证券私募基金大会在上海举行， 超200家私募参会， 大会旨在搭建专业交流平 台，促进私募行业生态良性互动，推动私募机构与资本市场的高效对接。 作为拥有37年历史的大型综合券商，方正证券执行委员会主任、总裁姜志军在致辞时表示，该公司正坚定向财富管理特色鲜明的大型综合券商转型，聚焦"大财富、 大投交、大资管、大机构"四大业务板块。未来，将重点在资金、交易和研究体系三方面发力私募业务。 作为媒体支持方，证券时报社党委委员、副总编辑汤泳在致辞中表示，今年私募基金行业呈现两大显著新变化：一是量化私募强势回归，百亿量化私募数量首次超 过主观策略；二是随着市场风格平稳，凭借扎实投研的老牌主观私募业绩回暖。 在主题演讲环节，方正证券首席经济学家燕翔、毕盛投资首席投资官王康宁、蒙玺投资总经理李骧分别就各自研究领域进行了主题演讲。 此外，大会期间还举办了第三届"方华杯"私募成长计划优秀管理人颁奖仪式，表彰表现卓越的私募机构。同时，创新推出的"方华好友荟"交流展，为私募管理人与 机构投资者搭建了直接交流的平台。 与此同时，姜志军表示，方正证券始终关注私募行 ...

在控制系统、定位导航系统、机械臂等核心领域，国产机器人加速推进自研自产，性能已比肩、甚至超 越进口。国产龙头天智航的天玑机器人基于自主研发的三维影像配准与力学建模算法，术中误差控制在 亚毫米级别，达到国际领先水平，尤其适用于对精度要求极高的脊柱和骨盆区域复杂手术，参数表现上 行业领先。但鉴于我国骨科耗材集采环境下，本土骨科机器人厂家多布局开放式系统、以兼容院端多品 牌假体的实际使用需求，收入来源主要为设备采购和机器人耗材及服务为主，不具备高频的假体业务。 近两年，本土骨科耗材企业纷纷布局机器人平台、打造闭环生态，驱动业绩显著恢复。这也进一步验证 了"设备+耗材+服务"闭环生态的盈利性和可持续性，对于设备为主的企业来说补全假体业务或将是未 来发展的必经之路，不仅可规避第三方假体的适配性不足、甚至缺失，还可形成多元化收入模式、强化 客户粘性，同时考虑到FDA等对"机器人+假体"的系统性高要求，也是进军欧美市场的必要选择。 从全球前沿出发，骨科手术机器人企业加速推进智能化、多元化升级 近年来，各企业重点聚焦智能化、多元化适应症布局机器人产品研发，并跟进配套耗材、3D打印定制 化产品布局，国际巨头在持续推进现有产品体 ...

日前，广东证监局对方正证券广州锦御二街证券营业部出具警示函。 广东证监局指出，方正证券广州锦御二街证券营业部存在以下问题：向投资者发送知识测评问卷的答案、基金销售业务管理不到位、投顾业务展业不规范、 人员管理不到位、合规管理机制不健全。 根据相关规定，广东证监局决定对方正证券广州锦御二街证券营业部采取出具警示函的行政监管措施。 广东证监局表示，方正证券广州锦御二街证券营业部应高度重视，开展全面自查，认真梳理存在的管理漏洞，采取有效措施切实整改，对内进行严肃问责， 持续强化员工行为管控，全面提升合规管理水平。 ...

Core Viewpoint - The company, Guangdong Dongfang Precision Technology Co., Ltd. (referred to as "Dongfang Precision"), is focusing on domestic technology business and optimizing its industrial structure through a significant asset sale, aligning with the national "new quality productivity" strategy [3][8]. Group 1: Asset Sale and Strategic Focus - The major asset sale, valued at €774 million, is a strategic move to concentrate on domestic technology and new quality productivity, moving away from international management distractions [3][7]. - The company aims to enhance its core business in water propulsion equipment and artificial intelligence + robotics, thereby optimizing resource allocation and strengthening its development foundation [3][4]. Group 2: Water Propulsion Equipment - Dongfang Precision's subsidiary, Baisheng Power, is the first in China to mass-produce 300-horsepower gasoline outboard motors, with a compound annual growth rate of over 20% in revenue and net profit over the past five years [5]. - The company plans to support Baisheng Power in developing a complete product matrix covering gasoline, diesel, and new energy, while expanding its market share both domestically and internationally [5]. Group 3: Artificial Intelligence + Robotics - The company is investing in the artificial intelligence and robotics sector through strategic investments and industrial collaboration, including a joint venture with Leju Intelligent to produce humanoid robots [6]. - Investments have also been made in companies like Ruoyu Technology and Aerospace New Power, with the latter being the only certified supplier for the ITER project's magnet support system [6]. Group 4: Fund Utilization from Asset Sale - The proceeds from the asset sale will be allocated to three main areas: supporting Baisheng Power's R&D and capacity building, focusing on strategic emerging industries, and continuing shareholder returns, with over ¥2.1 billion in dividends and share buybacks since listing [7][8]. - The company emphasizes that this transaction will enhance its financial strength and accelerate industrial structure optimization and technological innovation capabilities [8].

Core Conclusions - The financial industry experienced a weekly increase of +0.68% in the non-bank financial index, underperforming the CSI 300 index by 0.96 percentage points [1] - The banking sector saw a decline of -0.59%, lagging behind the CSI 300 index by 2.23 percentage points, with state-owned banks, joint-stock banks, city commercial banks, and rural commercial banks showing varied performance [1][9] Insurance Sector Insights - The insurance sector's index rose by +0.20%, underperforming the CSI 300 index by 1.44 percentage points, driven by strong demand for dividend insurance products that align with residents' needs for stable returns and value appreciation [2][12] - Major insurance companies are focusing on dividend insurance as a strategic core, with product offerings expanding significantly ahead of the 2026 "opening red" period [2][12] - The growth of new single premiums is expected to be strong in 2026, supported by improved net present value margins (NBVM) and a favorable regulatory environment for dividend insurance [2][17] Brokerage Sector Insights - The brokerage sector index increased by +0.74%, underperforming the CSI 300 index by 0.90 percentage points, with recent developments in refinancing for two brokerages indicating a cautious approach to capital raising [2][18] - The current environment presents a mismatch between profitability and valuation in the brokerage sector, suggesting potential for valuation recovery [2][19] - Recommendations include strong mid-to-large brokerages with low valuations and those involved in mergers or restructuring [2][19] Banking Sector Insights - The banking sector's index decreased by -0.59%, underperforming the CSI 300 index by 2.23 percentage points, with a focus on high dividend strategies remaining viable [3][20] - The average dividend yield for banks is approximately 4.1%, which is attractive compared to other sectors, particularly in the context of a stable earnings outlook [3][21] - Recommendations include state-owned banks and resilient city commercial banks, with specific attention to banks with strong fundamentals and low volatility [3][22]

11月28日，2025分析师大会暨第七届新浪财经"金麒麟"最佳分析师颁奖盛典隆重召开。逾300名权威学 者、公私募掌舵人、上市公司董事长、顶级基金经理、首席分析师齐聚上海，共同探讨中国资本市场的 未来机遇。 同时，第七届新浪财经金麒麟菁英分析师评选结果隆重揭晓。 第七届新浪财经金麒麟非银金融行业"菁英分析师"荣誉榜如下： 第一名 中信建投证券研究团队 （首席分析师：赵然；团队成员：吴马涵旭、亓良宸、沃昕宇、李梓豪、何泾威） 第二名 申万宏源证券研究团队 专题：2025分析师大会：资本市场"奥斯卡"启幕 第三名 浙商证券研究团队 （首席分析师：孙嘉赓；团队成员：胡强） 第四名 西部证券研究团队 （首席分析师：孙寅；团队成员：周安桐、陈静、张佳蓉） 第五名 方正证券研究团队 （首席分析师：许旖珊；团队成员：林宇轩、贾舒雅） （首席分析师：罗钻辉；团队成员：孙冀齐、金黎丹、冉兆邦） 责任编辑：郭栩彤 ...

Group 1 - The fund being launched is the E Fund CSI Hong Kong Stock Connect High Dividend Investment ETF, which is an open-ended index fund [22][23] - The fund will be available for subscription from December 8 to December 16, 2025, with both online and offline cash subscription options [4][22] - The maximum fundraising limit for the fund is set at 2 billion RMB, excluding interest and subscription fees [5][22] Group 2 - Investors must have a Shanghai Stock Exchange A-share account or a securities investment fund account to participate in the subscription [44][46] - The subscription fee for the fund will not exceed 0.80% of the subscribed shares [4][29] - The fund aims to closely track the performance of the underlying index, minimizing tracking deviation and error [23][24] Group 3 - The fund's underlying index is the CSI Hong Kong Stock Connect High Dividend Investment Index, which includes stocks that meet specific criteria [11][12] - The selection process for the index includes stocks with a history of continuous dividends and a certain dividend payout ratio [13] - The index calculation is based on the adjusted market value of the sample stocks [14] Group 4 - The fund will be managed by E Fund Management Co., Ltd., with the custodian being China Merchants Bank [1][64] - The fund's subscription process includes specific procedures for both online and offline subscriptions, with detailed requirements for each [48][52] - Investors can make multiple subscriptions during the fundraising period, subject to regulatory compliance [42][43]