以下文章来源于睿兽Pro ，作者Bestla 一级市场投融资概览 睿兽Pro . 创业邦旗下横跨一二级市场的科创数据平台。实时投资数据、追踪产业创新。找数据、做分析、链资 源，就上睿兽分析。 根据睿兽分析监测数据，本周国内一级市场披露的融资事件52个， 与上周相比减少41个， 其中已披 露融资金额的事件27个， 总融资规模为36.46亿元人民币， 平均融资金额为1.35亿元人民币。 全球投融资周报 睿兽分析每周整理当周最值得关注的国内外热门投融资事件，帮助大家及时了解全球市场动向。 行业分布 从融资事件数量来看，本周智能制造、人工智能、材料领域融资最活跃。分别为智能制造13个、人工 智能8个、材料5个。 从已披露金额事件的融资规模来看，汽车交通最高，融资总规模约为17.40亿元人民币。其中互联网 专车服务提供商 「享道出行」 完成过13亿人民币 C轮融资。 享道出行是上汽集团旗下移动出行战略品牌，定位中高端用户群体。公司利用移动互联网和大数据技 术搭建商务用车信息服务平台，平台上所有驾驶员均需进行深度背景调查和身份资料存档。公司还将 对周期内驾驶员进行审查、培训与考核，而车辆也会全部使用车龄在3年以内的上汽集 ...

Investment Rating - The report maintains a "Positive" investment rating for the non-ferrous and steel industry [5]. Core Viewpoints - Iron ore prices have shown significant loosening, prompting continued attention to investment opportunities in the steel sector. The recent financial policies, including interest rate cuts, are expected to impact the market positively. The steel sector, having undergone three years of adjustment, now presents a favorable cost-performance ratio, with leading companies showing improved profitability and stability [8][14]. Summary by Sections Macro Overview - Iron ore prices are experiencing notable loosening, with expectations that May's iron and steel production may peak. The steel mills are likely to squeeze iron ore profits, leading to potential downward feedback on prices. The domestic demand-driven pricing in the steel sector is seen as advantageous given the high tariffs affecting external demand [8][14]. Steel Market - The consumption of rebar has decreased significantly, with a reported consumption of 2.14 million tons, a 26.67% decrease week-on-week. The overall price index for common steel has slightly declined by 0.71%, with rebar prices at 3,296 CNY/ton, down 0.8% week-on-week [15][37]. Industrial Metals - The copper smelting fees have deepened into negative territory, with the current rough smelting fee at -43.5 USD/thousand tons, a decrease of 8.21% week-on-week. The production costs for electrolytic aluminum have shown mixed trends, with costs in Xinjiang slightly increasing while those in Shandong have decreased significantly [17][29]. Precious Metals - Tariffs are expected to boost demand for safe-haven assets and inflation expectations, leading to a potential rise in gold prices. As of May 9, 2025, COMEX gold prices were reported at 3,329.1 USD/ounce, reflecting a week-on-week increase of 2.52% [17][37]. Investment Recommendations - For the steel sector, it is recommended to focus on leading companies such as Shandong Steel (600022, Buy) and Jiugang Steel (002110, Not Rated). In the non-ferrous sector, investment in Northern Rare Earth (600111, Buy) and Jinchuan Group (300748, Buy) is suggested [8][17].

Core Viewpoint - The control of Cangge Mining has shifted to Zijin Mining Group, which now holds 26.18% of the shares and has achieved financial consolidation despite not owning a majority stake [1][3][4]. Group 1: Control Transfer and Shareholding Changes - Zijin Mining completed the acquisition of Cangge Mining's control within four months, spending 137.29 billion yuan to acquire approximately 392 million shares at 35 yuan per share, representing 24.98% of Cangge Mining's total equity [3][4]. - Following the transfer, the shareholding of the original controller, Xiao Yongming, decreased to 20.13%, with voting rights at 15.1%, while Zijin Mining's voting rights increased to 26.18% [4]. - The board of directors of Cangge Mining underwent significant changes, with most seats now held by Zijin Mining personnel, indicating a complete shift in governance [5][6]. Group 2: Financial Performance and Market Context - Cangge Mining, a key player in the lithium mining sector, reported a total revenue of 32.51 billion yuan in 2024, a decrease of 37.79% year-on-year, and a net profit of 25.80 billion yuan, down 24.56% [7]. - The decline in revenue was attributed to falling prices of potassium chloride and lithium carbonate, with the average market price for lithium carbonate dropping by 67.04% to 90,100 yuan per ton in 2024 [7][8]. - Despite the downturn, analysts project steady growth for Cangge Mining, with expected revenues of 33.39 billion yuan, 39.88 billion yuan, and 48.63 billion yuan from 2025 to 2027, reflecting a compound annual growth rate [7].

Core Insights - The behavior of margin traders has attracted significant market attention, with investors hoping to capture investment opportunities from their activities [1] Group 1: Margin Trading Data - On May 8, a total of 3,663 stocks received margin buying funds, with the top three stocks being Xinyi Technology (¥1.425 billion), Zhongji Xuchuang (¥1.053 billion), and Shenghong Technology (¥807 million) [1] - The table lists stocks with the highest margin buying amounts, including Tiancheng Technology (¥15.75 million), Xingqiu Graphite (¥8.83 million), and Lianyu Co. (¥15.27 million), showing their respective transaction amounts and margin buying ratios [1] - Margin buying accounted for significant percentages of total transaction amounts for various stocks, with Tiancheng Technology at 28.65%, Xingqiu Graphite at 28.51%, and Lianyu Co. at 28.15% [1] Group 2: Stock Performance - The price changes of stocks with high margin buying varied, with some stocks experiencing gains, such as Tiancheng Technology (1.47%) and Xingqiu Graphite (2.39%), while others like Fuliwang saw a decline (-3.29%) [1][2] - The data indicates that margin buying can correlate with stock performance, as seen in the fluctuations of the stocks listed [1][2]

当前，锂市场历经一轮大周期，中国最大、世界第二大盐湖 —— 察尔汗盐湖 上的锂矿龙头 企业迎来 "巨变"。 5 月 7 日， 全球矿业龙头 紫金矿业发布《关于完成藏格矿业股份有限公司控制权收购的公告》。 公告称， 2025 年 5 月 6 日，公司全资子公司紫金国际控股收到中国证券登记结算有限责任公司出具的《证券过户登记确认书》，确认西藏 藏格创业投资集团有限公司、四川省永鸿实业有限公司、肖永明、林吉芳、宁波梅山保税港区新沙鸿运投资管理有限公司合计持有的藏格矿业 392,249,869 股股份已于 2025 年 4 月 30 日全部过户登记至紫金国际控股名下。 这意味着， 紫金国际控股正式入主藏格矿业。截至 5 月 8 日收盘，藏格矿业总市值达 562.3 亿 元。 01 百亿收购 强强联合 这笔交易始于今年 1 月。 1 月 10 日，藏格矿业与紫金矿业先后发布公告，藏格矿业控股股东及其一致行动人、第二大股东计划将部分公司股权转让给紫金矿业，并可 能涉及公司控制权变更。 1 月 17 日，紫金矿业发布公告，其全资子公司紫金国际控股与藏格创投、四川永鸿、林吉芳、宁波梅山保税港区新沙鸿运投资管理有限公司 签署协 ...

藏格矿业股份有限公司 关于第二期员工持股计划实施进展的公告 一、 二、 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 证券代码：000408 证券简称：藏格矿业 公告编号：2025-037 藏格矿业股份有限公司（以下简称"公司"）分别于 2025 年 3 月 28 日、 2025 年 4 月 18 日召开第九届董事会第十九次会议、第九届监事会第十三次会议 和 2024 年年度股东大会，审议通过了《关于公司〈第二期员工持股计划（草案）〉 及其摘要的议案》《关于公司〈第二期员工持股计划管理办法〉的议案》《关于 核实公司第二期员工持股计划之持有人名单的议案》及《关于提请股东大会授权 董事会办理公司第二期员工持股计划有关事项的议案》。具体内容详见公司在巨 潮资讯网（https://www.cninfo.com.cn）披露的《第二期员工持股计划》及其他相 关公告。 根据《关于上市公司实施员工持股计划试点的指导意见》及《深圳证券交易 所上市公司自律监管指引第 1 号——主板上市公司规范运作》的相关规定，现将 公司第二期员工持股计划实施的相关进展情况公告如下： 2025 ...

◆ 电池 ◆ 宁德时代通过港交所聆讯 01 5月6日，全球动力电池龙头企业宁德时代正式通过港交所主板上市聆讯，此次港股IPO拟募资约 50亿美元（约390亿港元），预计将于5月上旬启动预路演及建簿招股。 紫金矿业收购 藏格矿业 01 5月7日，紫金矿业发布《关于完成藏格矿业股份有限公司控制权收购的公告》。 仙桃首艘纯电船舶完成试航 02 近日，仙桃首艘自主建造的纯电动力游览船在武汉豹澥湖水域圆满完成航行(系泊)试验。 中创新航获汽车传感器龙头实控权 03 5月6日晚间，苏奥传感公告，公司实际控制人李宏庆同意将其持有的公司8762.04万股股份转让 给中创新航，转让股份占公司股份总数的比例为11%。同时，李宏庆将无条件且不可撤销地放弃 1.56亿股股份的表决权，占公司股份总数的比例为19.55%。至此，中创新航持有的表决权股份占 公司股份总数的比例上升至11%，原实控人李宏庆持有的股份占公司股份总数的比例下降至6%。 中创新航将取得苏奥传感的控制权，成为苏奥传感的控股股东、实际控制人。 另据双方签署的《附条件生效的股份认购协议》，苏奥传感拟向中创新航定向发行不超过1.19亿 股A股股份，拟募资总额不超过6.73 ...

| | | 撰写人：王福辉 从业资格证号：F03123381 投资咨询从业证书号：Z0019878 | | | | | --- | --- | --- | --- | --- | --- | | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | 期货市场 | 主力合约收盘价（日，元/吨） | 64,160.00 | -1100.00↓ 前20名净持仓（日，手） | -19,755.00 | -1552.00↓ | | | 主力合约持仓量（日，手） | 276,900.00 | +20609.00↑ 近远月合约价差（日，元/吨） | -1,200.00 | +100.00↑ | | | 广期所仓单（日，手/吨） | 35,236.00 | +1759.00↑ | | | | 现货市场 | 电池级碳酸锂平均价（日，元/吨） | 66,650.00 | -450.00↓ 工业级碳酸锂平均价（日，万元/吨） | 65,000.00 | -400.00↓ | | | Li₂CO₃主力合约基差（日，元/吨） | 2,490.00 | +650.00↑ | | | | 上游情况 | 锂辉石精 ...

Investment Rating - The report indicates a positive outlook for the chemical industry, suggesting a new cycle may begin due to improved domestic supply and demand, increased global market share, and declining crude oil prices [3][4]. Core Viewpoints - The chemical industry is expected to enter a new cycle driven by domestic supply-demand improvements and global market share growth, despite potential short-term impacts from overseas demand [3][5]. - The report highlights that the supply side is gradually improving due to reduced fixed asset investment growth and government policies aimed at curbing excessive competition [5][10]. - On the demand side, domestic consumption is anticipated to recover steadily, supported by government initiatives to boost consumption and stabilize the economy [26][33]. - Cost factors are favorable, with significant declines in international crude oil and domestic coal prices, which will support the profitability of chemical products [42][49]. - The report recommends specific companies within various segments of the chemical industry, including refrigerants, amino acids, military and new materials, and fertilizers, indicating potential investment opportunities [5][57]. Summary by Sections Supply Side - The report notes that the chemical industry has faced profitability pressures since 2022, but the current production cycle is nearing its end, which may lead to gradual improvement in profitability as capacity is digested [11][12]. - China's global market share in chemical products has been steadily increasing, with 2023 figures showing a 43.1% share of global sales [25][20]. Demand Side - The report emphasizes that domestic demand is expected to recover, aided by government policies aimed at stimulating consumption and investment [26][33]. - The real estate sector shows signs of stabilization, which could further support demand for chemical products [33]. Cost Side - The report highlights a significant decline in crude oil prices, with Brent crude falling by 14.71% since the beginning of 2025, which is expected to positively impact the cost structure of the chemical industry [42][38]. - Domestic coal and natural gas prices have also shown a downward trend, enhancing the cost competitiveness of chemical products [49][47]. Valuation - The report indicates that the valuation of the basic chemical and petrochemical sectors is at historical lows, suggesting substantial room for recovery as market conditions improve [54][50].

Group 1 - The core viewpoint of the news highlights significant developments in the nuclear fusion and chemical industries, indicating strong market interest and strategic expansions by companies [1][2][3] Group 2 - The compact fusion energy experimental device (BEST) project has officially commenced assembly, marking a critical step in China's nuclear fusion advancements, with expectations for commercial viability in energy generation [1] - Huayi Group plans to acquire 60% of San Aifu's shares for 4.091 billion yuan, aiming to enhance its presence in the fluorochemical sector and diversify its business [2] - Zijin Mining has completed the acquisition of control over Zangge Mining, increasing its resource reserves in copper, lithium, and potassium, and aims for deeper collaboration to enhance operational efficiency [3]