新京报讯（记者徐彦琳）近年来，随着社会节奏的加快和生活压力的上升，越来越多的人面临着心理困 扰和精神压力。"超个人心理学"探索一种新的心理健康观：不仅仅关注"如何消除痛苦"，更关注"如何 实现自我、唤醒生命力"。2025年11月，北京积极心理学协会超个人心理学专业委员会在北京成立，希 望推动心理学从"修复心理问题"走向"激发心灵潜能"，让心理学更好地服务人的成长与社会的整体健 康。 专业委员会汇聚心理学、哲学、教育学、艺术学等多个领域的教授学者，致力于在学术研究、教育培训 与本土实践方向，推动跨学科研究与落地化实践探索。 在本次超个人心理学专业委员会成立仪式上，来自多领域的专家学者共聚一堂，展开了一场关于意识潜 能与灵性成长的深度对话。北京积极心理学协会理事长李同归在开幕致辞中表示，积极心理学的实证研 究方法，可以为超个人心理学的理论假设提供严谨的验证，确保其发展不偏离科学轨道；而超个人心理 学的广阔视野，则能为积极心理学注入更深厚的哲学根基与终极关怀。未来，专委会应在理论创新、方 法交叉、实践引领三个领域进行发力。 北京师范大学心理学院教授郑日昌作为北京积极心理学协会总顾问、超个人心理学专委会主任委员在会 ...

丨证券研究报告丨 金融工程丨专题报告 [Table_Title] 2025 年 12 月指数样本调整预测 报告要点 [Table_Summary] 根据指数样本定期审核规则，沪深 300 指数预计调整 11 只样本，华电新能、胜宏科技、光启 技术等证券或将调入沪深 300 指数；中证 500 指数预计调整 50 只样本，电投能源、苏泊尔、 申能股份等证券或将调入中证 500 指数；中证红利指数预计调整 7 只样本，中国海油、索菲 亚、报喜鸟等证券或将调入中证红利指数。 分析师及联系人 [Table_Author] 鲍丰华 冷旭晟 覃川桃 SAC：S0490521070001 SAC：S0490524080001 SAC：S0490513030001 SFC：BUT353 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 [Table_Title2] 2025 年 12 月指数样本调整预测 [Table_Summary2] 报告要点 根据指数样本定期审核规则，沪深 300、中证 500 指数和中证红利指数预计在 12 月 15 日调 整样本。沪深 300 指数预计调 ...

2025年11月25日 标的指数成份股涨幅 TOP20 MACD金叉信号形成，这些股涨势不错！ 责任编辑：杨赐 标普中国 A 股红利机会指数(CSPSADRP) | 序号 | 代码 | 简称 | 車日涨幅 | 年内涨幅 | 股息率(近12个 | | --- | --- | --- | --- | --- | --- | | | | | (%) | (%) | 月) (%) | | 1 | 603730 SH | 岱美股份 | 9.99 | 21.56 | 3.68 | | 2 | 603508.SH | 思维列控 | 6.14 | 31.38 | 13.33 | | 3 | 002572.SZ | 家非亚 | 4.19 | -11.70 | 7.35 | | 4 | 603888 SH | 新澳股份 | 3.92 | 11.45 | 4.20 | | 5 | 000928.SZ | 中钢国际 | 3.83 | 7.03 | 4.77 | | 6 | 600970.SH | 中材国际 | 3.49 | 5.13 | 4.95 | | 7 | 605117.SH | 德业股份 | 3.40 | 36.47 | 4 ...

东吴证券在研报表示，随着好房子和城市更新政策在供需两端作用，格局的改善将更加明显。在AI端 侧应用上，随着模型和算力的匹配，2026年智能家电有望快速发展， （文章来源：北京商报） 北京商报讯（记者翟枫瑞）11月24日，装修建材板块小幅上涨，以15983.6点收盘，涨幅为0.6%。 在板块带动下，多只装修建材股股价实现增长。永安林业以10.21元/股收盘，涨幅为10.02%，领涨装修 建材股。垒知集团以5.66元/股收盘，涨幅为4.24%，涨幅位列装修建材股第二。索菲亚以14.17元/股收 盘，涨幅为4.19%，涨幅位列装修建材股第三。 除此之外，好莱客以13.83元/股收盘，跌幅为10.02%，领跌装修建材股。华瓷股份以20.2元/股收盘，跌 幅为9.98%，跌幅位列装修建材股第二。万里石以34.72元/股收盘，跌幅为6.01%，跌幅位列装修建材股 第三。 ...

如何看待后续地产政策与产业链的投资机会？20251120 摘要 房价下行周期分为小型、中型和大型泡沫，分别对应不同的跌幅和持续 时间。租售比和房价收入比等估值指标对判断房价拐点有参考意义，但 通常滞后于房价实际拐点。 核心城市房价承压主要源于收入或通胀预期不乐观以及租售比和利率倒 挂。通过贴息或抵税等方式降低购房成本，全局性、普遍性的补助能更 有效地提振市场信心和需求。 贷款贴息政策对房地产市场影响显著，覆盖范围和持续时间是关键。若 仅覆盖新房，财政代价较小，但若包括存量贷款或二手房，财政负担将 大幅增加。 收入预期比利率本身更重要。改善收入预期和优化分配是提高购房吸引 力的关键，实际房贷利率的降低可以通过解决租售比倒挂问题来提高购 房吸引力。 房地产行业面临成交量走弱、新旧库存压力和收入预期低迷等多重挑战。 优质龙头公司通过提升市占率和优化格局，展现出较强的抗风险能力， 业绩增长潜力较大。 Q&A 进入三季度以来，地产行业的基本面景气度出现了加速下滑，市场对政策博弈 的预期升温。未来哪些政策仍然值得期待？这些政策的有效性如何？ 在我们对全球 1970 年以来 58 个经济体所形成的 195 个房价周期进行复 ...

11月22日—24日，2025世界林木业大会主要活动——2025年广西国际林产品及木制品展(以下简 称"林木展"）在南宁国际会展中心举办。本届林木展以"数智赋能"为主题，深度聚焦林业数字化转型与 智能化升级趋势，全面展示林木业前沿技术与创新成果。 展会规格不断升级 本届林木展展览总面积达5.5万平方米，创历届之最，汇聚国内外优质参展企业超1000家，展出各 类林产品1万余件。 本届林木展规划14大主题展区，全面覆盖林业智能装备、高端家具家居、绿色新型板材、森林食品 等重点领域，系统展示林木业全产业链新技术、新产品、新成就。其中一楼设立智慧林草主题馆、省级 林业馆、数智赋能应用馆三大形象馆，二楼集中布局南方木都—贵港馆、国际馆、AI +高新技术馆等11 个专业展区，实现展示内容与产业需求的精准匹配。 展会期间举办30余场高规格专业活动，包括8场以上新产品新技术新工艺发布会、10多场优质企业 专场推介会，以及国际采购商专场对接会等，全程配套"一对一"精准商贸洽谈服务。预计吸引超万名专 业观众与核心采购商到会，促成一批合作项目签约，为企业搭建"找订单、拓渠道、促合作"的专业平 台，专业化，国际性等创历年之最。 数智 ...

Core Viewpoint - Sophia's stock has experienced a decline of 15.88% year-to-date, with a recent drop of 2.02% on November 21, 2023, indicating potential challenges in the market [1]. Financial Performance - For the period from January to September 2025, Sophia reported a revenue of 7.008 billion yuan, a year-on-year decrease of 8.46%, and a net profit attributable to shareholders of 682 million yuan, down 26.05% compared to the previous year [2]. - Cumulative cash dividends since the A-share listing amount to 5.997 billion yuan, with 2.550 billion yuan distributed over the last three years [3]. Shareholder and Market Activity - As of September 30, 2025, the number of shareholders increased by 14.39% to 49,000, while the average circulating shares per person decreased by 12.58% to 13,306 shares [2]. - Major shareholders include Hong Kong Central Clearing Limited, which reduced its holdings by 21.924 million shares, and new entrants such as ICBC Value Selection Mixed A and Ping An Low Carbon Economy Mixed A [3]. Stock Performance Metrics - As of November 21, 2023, Sophia's stock price was 13.61 yuan per share, with a market capitalization of 13.107 billion yuan. The trading volume was 207 million yuan, with a turnover rate of 2.32% [1]. - The stock has shown mixed performance over different time frames: a decline of 0.51% over the last five trading days, an increase of 6.83% over the last 20 days, and a decrease of 2.51% over the last 60 days [1].

Market Overview - The home goods sector increased by 0.12% on November 20, with Mengtian Home leading the gains [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Top Performers - Mengtian Home (603216) closed at 19.00, up 10.02% with a trading volume of 6060.65 lots and a transaction value of 11.51 million yuan [1] - Haolaike (603898) closed at 13.97, up 10.00% with a trading volume of 132,400 lots and a transaction value of 180 million yuan [1] - Jiangxin Home (301061) closed at 98.38, up 9.06% with a trading volume of 17,700 lots [1] Underperformers - Huaci Co. (001216) closed at 20.40, down 10.01% with a trading volume of 116,300 lots and a transaction value of 249 million yuan [2] - Jinpai Home (603180) closed at 21.23, down 5.94% with a trading volume of 69,100 lots and a transaction value of 150 million yuan [2] - Filinger (603226) closed at 37.42, down 4.98% with a trading volume of 48,000 lots and a transaction value of 182 million yuan [2] Capital Flow - The home goods sector experienced a net outflow of 256 million yuan from institutional investors, while retail investors saw a net inflow of 221 million yuan [2] - The top net inflows from retail investors included Mengtian Home (603216) with 733.71 million yuan, accounting for 63.72% of its trading volume [3] - Notable net outflows from institutional investors included Haolaike (603898) with 1,405.60 million yuan [3]

Core Viewpoint - The company, Sophia, is committed to evaluating the feasibility of procurement and expanding cooperation with suppliers based on business development and market demand, while continuously deepening collaboration with quality suppliers [2] Group 1 - The company will assess procurement and collaboration opportunities with suppliers [2] - The focus will be on aligning with business development and market needs [2] - There is an emphasis on strengthening partnerships with quality suppliers [2]

Core Viewpoint - The company, Sophia, stated on November 19 that it will disclose the number of shareholders at specific points in time in its regular reports, and investors are advised to refer to these disclosures for detailed information [2] Group 1 - The company will provide shareholder information in its periodic reports [2]