普钢板块短线走低，本钢板材（000761）跌超6%，马钢股份（600808）、柳钢股份（601003）、新钢 股份（600782）、三钢闽光（002110）等跟跌。 ...

5月19日，三大指数小幅低开，个股跌多涨少；截至收盘，沪指翻红，全市3541只个股上涨，120家上市公司涨停。 板块行情中，航运港口、化纤行业、房地产相关产业链、食品饮料、美容护理等多板块活跃。概念板块中，并购重组概念板块，全天强势领涨，截至收盘， 该概念板块大涨4.06%。 具体来看，并购重组概念板块成分股中，北交所上市公司五新隧装（835174）以"30CM"幅度收涨停；江天化学（300927）（300927）、光智科技 （300489）（300489）"20CM"涨停；天汽模（002510）（002510）、本钢板材（000761）（000761）、四川双马（000935）（000935）等个股"10CM"涨 停；此外新巨丰（301296）（301296）、阳谷华泰（300121）（300121）个股纷纷跟涨。 消息面上，并购重组市场迎来重磅利好！5月16日，证监会发布了修改后的《上市公司重大资产重组管理办法》（以下简称《管理办法》），沪深北交易所 同步修订发布重组审核规则和配套业务指南。 此外，《关于深化上市公司并购重组市场改革的意见》（以下简称"并购六条"）发布以来，并购重组市场规模和活跃度大幅提升 ...

| 股票代码：000761 200761 | 股票简称：本钢板材 本钢板 B 编号：2025-032 | | --- | --- | | 债券代码：127018 | 债券简称：本钢转债 | 本钢板材股份有限公司 关于重大资产置换暨关联交易的进展公告 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。 特别提示： 1.公司于2023年6月21日披露的《本钢板材股份有限公司重大资 产置换暨关联交易预案》的"重大风险提示"中，对本次交易相关 的风险、标的公司有关风险及其他风险进行了说明，敬请广大投资 者注意投资风险。 2.本次交易将导致公司关联销售比例大幅增加，可能导致公司 对控股股东及其他关联方存在重大依赖、对公司面向市场独立持续 经营的能力产生重大影响，本次交易不排除存在交易方案调整、中 止或取消的可能。公司正在对本次交易方案的可行性与合规性做进 一步审慎论证和谨慎评估。 3.本次交易方案仍需进一步论证和沟通协商，相关事项尚存在 不确定性，公司将根据相关事项的进展情况，及时履行信息披露义 务。 一、重大资产置换基本情况 本钢板材股份有限公司（以下简称"公司"或"上市 ...

Mergers and Acquisitions - Multiple companies are experiencing stock price increases due to merger and acquisition activities, with notable gains including Zongyi Co. at 10.10% and Daqimo at 10.06% [2][3] - New entrants in the market such as Binhai Energy and Jinhongshun also saw significant increases of 10.00% and 9.98% respectively, attributed to similar merger activities [2] - The trend continues with companies like Huayuan Real Estate and Hunan Development achieving first board listings with gains of 9.94% and 9.97% [3] Shipping and Ports - Following the implementation of tariff adjustments between China and the US, there has been a surge in container bookings from China to the US, positively impacting shipping and port stocks [4] - Nanjing Port, Ningbo Shipping, and Lianyungang have all recorded five consecutive days of price increases, with gains of 9.97%, 10.04%, and 10.07% respectively [4][6] Robotics - The robotics sector is gaining attention, with Nvidia's CEO indicating that all mobile devices will become robots, potentially revolutionizing the industrial sector [7] - Companies like Zhongchao Holdings and Xinlong Health have seen stock increases of 10.13% and 10.01% respectively, driven by advancements in robotics [8] Chemical Products - Recent price hikes in chemical products such as dibutyl phthalate and hydroxyl esters have drawn market attention, benefiting companies like Zhongyida and Youfu Co. with stock increases of 9.99% and 10.04% [10][11] Food and Beverage - The release of new regulations by the Ministry of Commerce and the National Development and Reform Commission is expected to boost the food and beverage sector, with stocks like Jiaoda Angli and Baihe Co. seeing gains of 10.00% and 10.01% [12][15] Military and Aerospace - The debut of the "Jiutian" drone at the 15th China Airshow is anticipated to enhance the military sector, with companies like Chengfei Integration and Lijun Co. achieving stock increases of 10.00% and 10.02% [16][19] Nuclear Power - The announcement of procurement projects by China Fusion Energy Co. is expected to stimulate the nuclear power sector, benefiting companies like Wangzi New Materials and Baili Electric with stock increases of 9.99% and 9.92% [16][17] Venture Capital - Recent regulatory changes encouraging private equity participation in mergers and acquisitions are positively impacting venture capital stocks, with companies like Jiuding Investment and Electronic City seeing gains of 10.01% and 9.90% [19] Pet Economy - The pet economy is projected to grow significantly, with companies like Yuande Pet and Tianyuan Pet achieving stock increases of 9.98% and 20.00% [20][21] Carbon Fiber - Price increases in carbon fiber products have been reported, benefiting companies like Jilin Chemical Fiber with a stock increase of 10.04% [22][23] Smart Driving - The Ministry of Industry and Information Technology's push for mandatory standards in smart connected vehicles is expected to drive growth in the automotive sector, with companies like Wan'an Technology and Luchang Technology seeing stock increases of 10.00% [26][27] Rare Earth Permanent Magnets - Tightening supply of rare earth materials due to export controls has led to price increases, benefiting companies like Huayang New Materials and Jiuwu High-Tech with stock increases of 10.10% and 20.02% [28][29] Huawei Harmony - Huawei's upcoming product launch is expected to positively impact related stocks, with companies like Dongfang Zhongke and Dahua Intelligent seeing stock increases of 10.01% and 9.94% [30]

Core Viewpoint - The recent amendments to the major asset restructuring management measures by the China Securities Regulatory Commission (CSRC) are expected to boost market confidence and enhance the enthusiasm for mergers and acquisitions (M&A) in the market [2][5][8]. Group 1: Policy Changes and Market Impact - The CSRC has introduced a series of arrangements in the revised restructuring measures, including simplifying review processes, innovating transaction tools, and enhancing regulatory inclusiveness [2][4]. - The new simplified review process allows certain restructuring transactions to bypass the review by the M&A committee of the stock exchange, with the CSRC making registration decisions within five working days [4][5]. - The restructuring measures have led to a significant increase in M&A activity, with over 1,400 asset restructuring disclosures and more than 160 major asset restructurings reported since September 2024 [7][8]. Group 2: Market Trends and Investment Opportunities - Analysts highlight four key investment directions: strengthening leading technology companies, industry consolidation in traditional sectors, increased willingness for state-owned enterprise (SOE) value management through M&A, and diverse options for unlisted companies considering M&A [9][10]. - The current M&A wave is characterized by two main trends: consolidation among SOEs and M&A activities focused on "hard technology" sectors, driven by supportive policies and market conditions [9][10]. - Potential M&A targets include undervalued SOEs looking to enhance their valuations through restructuring and "hard technology" companies that have established platform layouts and disclosed M&A intentions [10].

Core Viewpoint - The recent amendments to the major asset restructuring management measures by the China Securities Regulatory Commission (CSRC) are expected to boost market confidence and enhance the enthusiasm for mergers and acquisitions (M&A) [1][4][7]. Group 1: Market Reaction - M&A and venture capital concept stocks surged in early trading, with notable stocks like Jinlihua Electric and Guangzhi Technology hitting the 20% limit up [1][3]. - A total of over 1400 asset restructuring announcements have been disclosed since the release of the "Six M&A Measures" in September 2024, with significant increases in both the number and value of major asset restructurings [6][7]. Group 2: Regulatory Changes - The new restructuring measures simplify the review process, allowing certain transactions to bypass the M&A committee's review, with the CSRC making decisions within five working days [3][4]. - The measures also introduce a phased payment mechanism for share-based acquisitions, extending the registration decision validity period to 48 months [3][4]. Group 3: Investment Trends - Analysts highlight four key investment directions: strengthening leading technology companies, traditional sector consolidation, increased willingness for state-owned enterprise (SOE) value management, and diverse options for unlisted companies [8]. - The integration of SOEs and "hard technology" M&A has emerged as the two main trends in the current wave of restructuring, driven by policy support and market dynamics [9].

Group 1 - The company is a large steel enterprise integrating ironmaking and steelmaking, with advanced steel technology and equipment [1] - The company has production capacities of 10.34 million tons of pig iron, 12.8 million tons of crude steel, 15.95 million tons of hot-rolled products, 6.17 million tons of cold-rolled products, and 1.4 million tons of special steel [1] - The company is a leading player in the automotive steel sector, producing high-strength cold-rolled and galvanized steel [1] Group 2 - The company announced a major asset swap with Benxi Steel Group, involving the acquisition of 100% equity in Benxi Steel Group Mining and the divestment of all other assets and liabilities [2] - The asset swap is still subject to further verification and negotiation, with uncertainties remaining [2] Group 3 - The company is focusing on digital transformation through AI and 5G+ industrial internet technologies, aiming to enhance smart operations [3] - By the end of 2024, the company's machine replacement rate is expected to increase from 9% to 28%, and the centralized operation room rate from 0 to 42% [3] - The company anticipates overall revenue of 44.42 billion, 44.76 billion, and 45.32 billion yuan for 2025-2027, with net profits of 33 million, 107 million, and 142 million yuan respectively [3]

本报记者 董丝雨 胡婧怡 本钢集团北营公司的封闭式"智慧料场"。 马 骥摄 本钢集团板材公司北方恒达产业园光伏发电 项目。 张 韬摄 本钢集团矿业公司南芬露天铁矿复垦绿化成 效显著。 于汪洋摄 近年来，我国把绿色发展理念贯穿于经济发展全过程各方面，持续推动产业结构优化调整，加快推进能 源清洁高效利用，发展新动能、新优势不断培育壮大，以发展"含绿量"提升增长"含金量"。 本版今起开设"绿色转型新看点"栏目，探寻各地各行业坚定不移走生态优先、绿色发展之路，以高品质 生态环境支撑高质量发展的新路径、新实践。 4月下旬的辽宁本溪，春意渐浓。在鞍钢集团所属的本钢集团北营公司炼铁总厂，细河在高大的厂房间 蜿蜒流淌。几只水鸟在水面嬉戏，与岸边盛开的桃花，构成一幅生机盎然的图景。 "过去，工厂废水都是直排到河里。厂区粉尘漫天、煤烟呛鼻，工人们不敢穿浅色衣服。到了冬天，积 雪都是黑色的。"本钢北营公司炼铁总厂大高炉作业区主任工程师王光亮已在这里工作了25年，谈起厂 区的环境变化，他感受颇深。"如今，我的岗位从高炉旁移到了公司的集中控制中心里，工作环境变得 清洁。细河水质的改善，也让大家有了休憩的好去处。" 钢铁被誉为"工业的粮 ...

Core Insights - A-share listed companies demonstrated strong resilience in 2024, with total operating revenue reaching 62.33 trillion yuan, a year-on-year increase of 0.57%, and net profit attributable to shareholders of 5.06 trillion yuan, up 1.05% [1][2] - The growth was primarily driven by advancements in artificial intelligence (AI) technology, which significantly boosted demand in sectors such as GPU, PCB, and storage chips [2][3] - Despite overall growth, non-financial companies faced challenges, with a slight decline in revenue and a notable drop in net profit [1][3] Financial Performance - Among the 5402 listed companies, 4029 reported positive earnings, with 548 companies achieving over 100% growth in net profit [2] - The chemical company Zhengdan achieved a remarkable 119-fold increase in net profit, driven by soaring TMA prices due to supply-demand imbalances [2][3] - The semiconductor sector saw significant profit increases, with companies like Zhaoyi Innovation and Weir Shares reporting net profit growth of 584.21% and 498.11%, respectively [3] Sector Analysis - The AI sector is identified as a key growth driver, with companies in the GPU, PCB, and optical module industries experiencing substantial performance improvements [2][3] - The consumer electronics market is also rebounding, with a reported 5.6% year-on-year increase in smartphone shipments in China [3][4] International Expansion - A total of 3653 listed companies reported overseas revenue of 9.43 trillion yuan, accounting for approximately 20% of their total revenue [6][7] - Companies like Luxshare Precision and BYD achieved over 100 billion yuan in overseas revenue, with notable growth in emerging markets [6][7] - The internationalization strategies include local market investments and partnerships, particularly in Africa and the Middle East [7][8] Challenges and Losses - Despite overall positive performance, 124 companies reported net losses exceeding 1 billion yuan, with the real estate sector being particularly affected [9][10] - Vanke A led the loss rankings with a staggering 494.78 billion yuan loss, highlighting the difficulties faced in the real estate market [9][10] - The energy sector, including solar and lithium companies, also reported significant losses due to overcapacity and intensified competition [10] Regulatory Environment - The introduction of stricter delisting regulations is expected to normalize the delisting process, with 52 companies delisted in 2024 [11][12] - New rules include higher thresholds for financial delisting criteria, aiming to enhance market stability and protect investor interests [11][12]

"产品批量化稳定生产，意味着降低成本、提高效益。"在冷轧生产线上干了25年，刘晓峰见证了本钢板 材公司产品质量的持续跃升——实现世界最宽幅2150毫米汽车板的高效稳定生产，解决冷轧热冲压成型 高强度钢稳定焊接难题…… "技术研发升级，生产流程也得更智能。"刘晓峰说，近年来，团队还致力于参与第三冷轧厂集中控制中 心二期项目的开发。 集中控制中心是生产线上的"智慧大脑"。2023年9月，集中控制中心一期投入使用，原本分布在4条生产 线、28个点位的操作人员和控制功能，全都集中在一间屋内，通过大屏上的监控画面、工艺参数等，实 时掌握生产线上的情况。这样的数据协同共享，带动产线劳动生产率提高65%，产品合格率提升10%， 能源消耗降低30%。刘晓峰说："能为钢铁制造迈向高端化、智能化、绿色化出一份力，我们感觉很自 豪！" （人民日报记者 胡婧怡） "交货周期能不能保证，就看这次试验了！"本钢板材股份有限公司冷轧总厂总工程师刘晓峰出差归来， 一下飞机就赶到第三冷轧厂，和团队成员一起研究酸轧机组工作进展。 近年来，公司生产的1.3米宽、强度超1000兆帕超高强钢的订单量快速增长。但超高强钢轧制难度大， 轧制过程中钢带更硬 ...