证券代码：603680 证券简称：今创集团 公告编号：2025-046 今创集团股份有限公司 子公司与专业机构共同投资的进展公告 公司现已收到上海翩玄私募基金管理有限公司发来的《基金募集完成通知 书》，翩玄格星已完成募集。全体合伙人出资方式均为货币出资，实缴出资情况 如下： | 序号 | 合伙人名称/姓名 | 身份类型 | 实缴出资金额 | 出资比例（%） | | --- | --- | --- | --- | --- | | | | | （万元） | | | 1 | 上海翩玄私募基金管 | 普通合伙人 | 100 | 1.5267 | | | 理有限公司 | | | | | 2 | 西部证券投资（西安） | 有限合伙人 | 2,500 | 38.1679 | | | 有限公司 | | | | | 3 | 常州今创航空航天产 | 有限合伙人 | 2,000 | 30.5344 | | | 业投资有限公司 | | | | | 4 | 汤家兵 | 有限合伙人 | 600 | 9.1603 | | 5 | 陈志强 | 有限合伙人 | 600 | 9.1603 | | 6 | 唐挺 | 有限合伙人 | 300 | 4 ...

Market Performance - The rail transit equipment sector increased by 0.15% compared to the previous trading day, with Jiuzhou Yitui leading the gains [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] Individual Stock Performance - Jiuzhou Yitui (688485) closed at 17.96, up 5.40% with a trading volume of 29,400 lots and a transaction value of 51.55 million yuan [1] - Leierwei (301016) closed at 21.15, up 4.70% with a trading volume of 75,300 lots [1] - Weiao Co. (605001) closed at 7.81, up 3.58% with a trading volume of 245,500 lots [1] - Tongye Technology (300960) closed at 27.50, up 3.58% with a trading volume of 101,800 lots [1] - Langjin Technology (300594) closed at 20.15, up 2.54% with a transaction value of 92.97 million yuan [1] Capital Flow Analysis - The rail transit equipment sector experienced a net outflow of 77.64 million yuan from institutional investors, while retail investors saw a net outflow of 0.33 million yuan [2] - Speculative funds had a net inflow of 80.97 million yuan into the sector [2] Detailed Capital Flow for Selected Stocks - Jinchuan Group (603680) had a net inflow of 53.53 million yuan from institutional investors, while retail investors had a net outflow of 72.32 million yuan [3] - Weiao Co. (605001) saw a net inflow of 17.79 million yuan from institutional investors, with a net outflow of 27.79 million yuan from retail investors [3] - Jiuzhou Yitui (688485) had a net inflow of 3.21 million yuan from institutional investors, while retail investors had a net inflow of 3.23 million yuan [3]

Investment Rating - The report maintains an "Overweight" rating for the railway equipment industry, indicating a positive outlook compared to the overall market performance [4]. Core Insights - The railway investment in China is projected to remain a highly certain direction, with a total investment of 753.8 billion yuan from January to November 2025, reflecting a year-on-year growth of 5.9%. If this growth rate continues in December, the total railway fixed asset investment for the year is expected to exceed 900 billion yuan, setting a historical record [4]. - The report anticipates that by 2035, the national railway network will reach approximately 200,000 kilometers, including around 70,000 kilometers of high-speed rail, significantly enhancing connectivity to major urban areas and resource-rich regions [4]. - The economic and flexible advantages of railway transportation are highlighted, with a projected increase in both passenger and freight volumes. For instance, the freight volume reached 4.83 billion tons, a year-on-year increase of 2.4%, while passenger volume hit 4.279 billion, growing by 6.6% [4]. - The vehicle segment is expected to benefit the most in the long term, with an additional 20,000 kilometers of high-speed rail planned and a growing demand for new trains as older models reach the end of their lifespan [4]. - The report recommends focusing on the high-speed train industry chain, particularly core suppliers such as CRRC Corporation Limited (for complete trains and key components) and other related companies [4]. Summary by Sections Railway Investment - The total railway investment for 2025 is projected to exceed 900 billion yuan, marking a historical high [4]. - The "14th Five-Year Plan" aims for a railway network of 200,000 kilometers by 2035, enhancing connectivity to major cities and resource areas [4]. Transportation Advantages - The railway system's capacity and cost-effectiveness are emphasized, with a significant increase in both freight and passenger volumes expected [4]. - The government aims to reduce logistics costs, with targets set for 2027 to improve the share of railway freight [4]. Vehicle Segment - The demand for new high-speed trains is expected to rise, with a current fleet of 5,233 high-speed trains, including 2,248 Fuxing trains [4]. - The report notes a significant increase in the bidding for high-speed trains, indicating strong demand [4]. Recommended Companies - Key companies to watch include CRRC Corporation, Sifang Control, and others involved in the high-speed rail supply chain [4].

Group 1 - Hubei Yihua has received acceptance from the Shenzhen Stock Exchange for its application to issue convertible bonds to unspecified objects [1] - Tongye Technology plans to acquire 91.69% of Beijing Silingke Semiconductor Technology Co., Ltd. for a total price of 561 million yuan [2] - Heng Rui Medicine has signed an exclusive licensing agreement with Hansoh Pharmaceutical, which includes a payment of 30 million yuan and potential milestone payments up to 190 million yuan [3] Group 2 - Jun Da Co. announced that its strategic cooperation framework agreement with Shangyi Optoelectronics will not significantly impact its current operating performance [4] - Jinchuan Group's wholly-owned subsidiary is jointly investing in a venture capital partnership to invest in Shanghai Gesi Information Technology Co., Ltd. [5] - Baili Tianheng plans to apply for the registration of debt financing tools not exceeding 10 billion yuan [6] Group 3 - Yuanda Environmental Protection announced the resignation of its chairman Chen Bin due to work changes [7] - Aerospace Development reported that its subsidiary's revenue accounted for less than 1% of the total revenue in the first three quarters of 2025 [8] - ST Huluwawa and its chairman Liu Jingping are under investigation by the China Securities Regulatory Commission for information disclosure violations [10] Group 4 - Jia Mei Packaging confirmed that it has no plans for significant changes to its main business or for a reverse merger in the next 36 months [11] - Wangfujing has won the bid for the duty-free project at Beijing Capital International Airport, with a guaranteed operating fee of 113 million yuan for the first year [12] - Siwei Liekong has suspended trading due to potential changes in control [13] Group 5 - Zhongchao Holdings announced a tax payment and late fee totaling 8.2881 million yuan [14] - Yongshuntai plans to conduct foreign exchange derivative trading with a total amount not exceeding 1.7 billion yuan in 2026 [15] - Guojin Securities has been approved to publicly issue company bonds not exceeding 25 billion yuan [16] Group 6 - Jincheng Pharmaceutical's subsidiaries are required to pay a total of 21.5968 million yuan in taxes and late fees [17] - China Shenhua's subsidiary has successfully completed the trial operation of its power generation unit [19] - Yijing Optoelectronics has received a hearing notice regarding the inability to advance its photovoltaic project [20] Group 7 - Jiga Development has received debt waivers totaling 378 million yuan from its controlling shareholder and related parties [21] - ST Lutong plans to apply to the Shenzhen Stock Exchange to revoke other risk warnings after a shareholder repaid funds [22] - Xin'ao Co. is progressing with the privatization of Xin'ao Energy and has completed significant asset restructuring foreign exchange registration [23]

Investment Overview - The company announced an investment of 20 million yuan in Jiaxing Pianxuan Gexing Venture Capital Partnership (Limited Partnership) [2][3] - The investment is made through the company's wholly-owned subsidiary, Changzhou Jinchuan Aerospace Industry Investment Co., Ltd., which holds a 30.53% stake in the partnership [3][9] - The partnership aims to invest 60 million yuan in Shanghai Gesi Information Technology Co., Ltd. through a capital increase [10] Partner Information - The general partner, Shanghai Pianxuan Private Fund Management Co., Ltd., has a registered capital of 10 million yuan and is involved in private equity and venture capital fund management [4] - Other partners include West Securities Investment (Xi'an) Co., Ltd., which contributes 25 million yuan, and several individual investors contributing a total of 19.5 million yuan [9] Partnership Structure - The partnership has a registered capital of 65.5 million yuan, with the company contributing 20 million yuan [8][9] - The partnership's purpose is to achieve long-term capital appreciation through direct or indirect equity investments [11] Financial Impact - The investment is classified as a financial investment and is not expected to significantly impact the company's financial status or daily operations [29] - The company has ensured that this investment will not harm the interests of the company and its shareholders [29] Regulatory Compliance - The investment does not constitute a related party transaction or a major asset restructuring as per relevant regulations [2][3] - The company has followed internal decision-making procedures and does not require board or shareholder approval for this investment [3]

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 今创集团(603680.SH)公告称，公司全资子公司常州今创航空航天产业投资有限公司拟与西部证券投资 （西安）有限公司、上海翩玄私募基金管理有限公司等共同投资设立嘉兴翩玄格星创业投资合伙企业 （有限合伙），拟通过翩玄格星以增资方式投资上海格思信息技术有限公司。翩玄格星注册资本人民币 6,550万元，其中，今创航空航天作为有限合伙人出资人民币2,000万元，合计占合伙企业出资额的 30.53%。 ...

格隆汇12月28日丨今创集团(603680.SH)公布，公司全资子公司常州今创航空航天产业投资有限公司 （简称"今创航空航天"）与西部证券投资（西安）有限公司、上海翩玄私募基金管理有限公司等共同投 资设立了嘉兴翩玄格星创业投资合伙企业（有限合伙）（简称"翩玄格星"），拟通过翩玄格星以增资方 式投资上海格思信息技术有限公司。翩玄格星注册资本人民币6,550万元，其中，今创航空航天作为有 限合伙人出资人民币2,000万元，合计占合伙企业出资额的30.53%。 ...

证券代码：603680 证券简称：今创集团 公告编号：2025-045 今创集团股份有限公司 关于全资子公司与专业机构共同投资的公告 （一）普通合伙人基本情况 上海翩玄私募基金管理有限公司 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个别及连带责任。 重要内容提示： 根据《上海证券交易所上市公司自律监管指引第 5 号—交易与关联交易》， 上市公司与专业投资机构共同投资，无论参与金额大小均应当及时披露。本次投 资事项不构成关联交易，亦不构成《上市公司重大资产重组管理办法》规定的重 大资产重组。 一、交易概述 近日，今创集团股份有限公司（以下简称"公司"）全资子公司常州今创航 空航天产业投资有限公司（以下简称"今创航空航天"）与西部证券投资（西安） 有限公司、上海翩玄私募基金管理有限公司等共同投资设立了嘉兴翩玄格星创业 投资合伙企业（有限合伙）（以下简称"翩玄格星"），拟通过翩玄格星以增资 方式投资上海格思信息技术有限公司。翩玄格星注册资本人民币 6,550 万元，其 中，今创航空航天作为有限合伙人出资人民币 2,000 万元，合计占合伙 ...

智通财经APP讯，今创集团(603680.SH)公告，公司全资子公司常州今创航空航天产业投资有限公司("今 创航空航天")与西部证券投资(西安)有限公司、上海翩玄私募基金管理有限公司等共同投资设立了嘉兴 翩玄格星创业投资合伙企业(有限合伙)("翩玄格星")，拟通过翩玄格星以增资方式投资上海格思信息技 术有限公司。翩玄格星注册资本6550万元，其中，今创航空航天作为有限合伙人出资2000万元，合计占 合伙企业出资额的30.53%。 ...

今创集团（603680）(603680.SH)公告，公司全资子公司常州今创航空航天产业投资有限公司("今创航空 航天")与西部证券（002673）投资(西安)有限公司、上海翩玄私募基金管理有限公司等共同投资设立了 嘉兴翩玄格星创业投资合伙企业(有限合伙)("翩玄格星")，拟通过翩玄格星以增资方式投资上海格思信 息技术有限公司。翩玄格星注册资本6550万元，其中，今创航空航天作为有限合伙人出资2000万元，合 计占合伙企业出资额的30.53%。 ...