Core Viewpoint - The metal cobalt sector has shown a positive performance, with a 2.45% increase, ranking seventh among concept sectors, driven by significant gains in several stocks [1][2]. Group 1: Sector Performance - The metal cobalt concept saw a 2.45% increase, with 32 stocks rising, including notable gains from Zhongse Co. and Huahong Technology, which hit the daily limit [1][2]. - The top gainers in the sector included Huaxin Environmental (up 8.51%), Dadi Bear (up 8.36%), and Xingye Yinxin (up 5.23%) [1][2]. - Conversely, the stocks with the largest declines included Daoshi Technology (down 0.81%), Rongbai Technology (down 0.68%), and Ganfeng Lithium (down 0.46%) [1][2]. Group 2: Capital Flow - The metal cobalt sector experienced a net inflow of 334 million yuan, with 24 stocks receiving net inflows, and six stocks exceeding 50 million yuan in net inflow [2][3]. - Zhongse Co. led the net inflow with 211 million yuan, followed by Huahong Technology (109 million yuan), and Green Beauty (99.32 million yuan) [2][3]. - The top three stocks by net inflow ratio were Zhongse Co. (26.70%), Huahong Technology (21.33%), and Guocheng Mining (12.90%) [3][4]. Group 3: Stock Performance - Zhongse Co. recorded a daily increase of 10.06% with a turnover rate of 7.30% and a net capital flow of 211.41 million yuan [3][4]. - Huahong Technology also saw a significant increase of 10.00% with a turnover rate of 9.99% and a net capital flow of 108.91 million yuan [3][4]. - Other notable performers included Green Beauty (up 2.22%), Xiamen Tungsten (up 4.43%), and Huayou Cobalt (up 0.58%) [3][4].

A股稀土概念股爆发，中国稀土、北方稀土、包钢股份、华宏科技等多股涨停。包钢股份与北方稀土双 双宣布上调2025年第三季度稀土精矿关联交易价格。 ...

Core Viewpoint - The rare earth permanent magnet concept stocks have seen a significant rise, with nearly 10 stocks hitting the daily limit up, indicating strong market interest and potential investment opportunities in this sector [1] Group 1: Stock Performance - Benlang New Materials reached the daily limit up with a 30% increase [1] - Other notable stocks that hit the daily limit up include Shenghe Resources, Northern Rare Earth, Huahong Technology, Jiuwu High-Tech, China Nonferrous Metal Mining, and Baotou Steel, among others [1] - JiuLing Technology, West Magnetic Technology, and Zhongke Magnetic Industry saw increases of over 10% [1]

Group 1 - The non-ferrous metal sector continues to rise, with Huahong Technology (002645) and Shenghe Resources hitting the daily limit up [1] - Jingyi Co., Ltd. (002295) and Wolong New Energy (600173) previously reached the daily limit up [1] - Huaxin Environmental (301265) and Hunan Silver (002716) are among the top gainers in terms of percentage increase [1] Group 2 - Dark pool funds are flowing into these stocks, indicating increased investor interest [1]

Investment Rating - The investment rating for the industry is "Increase" which indicates a relative increase of more than 15% compared to the CSI 300 index [28] Core Insights - The Central Financial Committee's sixth meeting emphasized the high-quality development of the marine economy and the exploration of marine carbon sink accounting [8] - The first international standard for algal carbon footprint has been officially released, marking a breakthrough in carbon footprint standards [8] - The national carbon market is expanding beyond the power sector, increasing the demand for CCER (Voluntary Carbon Emission Reduction) [9] - New methodologies for CCER are expected to accelerate expansion, including projects related to low-concentration gas utilization in coal mines and energy-saving in highway tunnel lighting [10] Summary by Sections Weekly Investment Perspective - The meeting highlighted the need for top-level design in marine economic development and encouraged social capital participation [8] - The national carbon market will include cement, steel, and electrolytic aluminum industries, with a target to cover 7.5 billion tons of greenhouse gas emissions by 2027 [9] Environmental Sector Performance - The environmental sector saw a weekly increase of 0.81%, with notable stock performances including Xuedilong (+31.74%) and Sandetech (+26.25%) [13][16] - The weekly trading volume for national carbon market emissions was 2.47 million tons, with an average price of 72.64 yuan/ton, reflecting a 62% decrease from the previous week [14] Carbon Neutrality Tracking - The CCER trading volume reached 103,000 tons with an average price of 87.04 yuan/ton [14] - The Shanghai pilot carbon market achieved 100% compliance for twelve consecutive years, with a significant increase in green electricity consumption [18] Investment Recommendations - Recommendations include leading waste incineration companies such as Sanfeng Environment and Huanlan Environment, as well as companies in the recycling sector like Zhuoyue New Energy and Sanlian Hongpu [11]

| 证券代码：002645 | 证券简称：华宏科技 公告编号：2025-050 | | --- | --- | | 债券代码：127077 | 债券简称：华宏转债 | 江苏华宏科技股份有限公司 关于"华宏转债"预计触发转股价格向下修正条件的 提示性公告 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、证券代码：002645 证券简称：华宏科技 2、债券代码：127077 债券简称：华宏转债 3、转股价格：11.14 元/股 4、转股期限：2023 年 6 月 8 日至 2028 年 12 月 1 日 自 2025 年 6 月 23 日至 2025 年 7 月 4 日，江苏华宏科技股份有限公司（以 下简称"公司"）股票已有十个交易日的收盘价低于当期转股价格 11.14 元/股 的 85%（即 9.47 元/股），预计后续将有可能触发"华宏转债"转股价格向下修 正条款。敬请广大投资者注意投资风险。 一、可转换公司债券基本情况 （一）可转债发行情况 经中国证券监督管理委员会《关于核准江苏华宏科技股份有限公司公开发行 可转换公司债券的批复》（证监许可〔 ...

Core Points - Jiangsu Huahong Technology Co., Ltd. announced the conversion situation of its convertible bonds for the second quarter of 2025, ensuring the accuracy and completeness of the information disclosed [1][2][3] Group 1: Convertible Bond Issuance and Listing - The company issued convertible bonds totaling 515 million yuan, with a face value of 100 yuan per bond, resulting in 5.15 million bonds issued [1] - The convertible bonds were approved by the China Securities Regulatory Commission and began trading on the Shenzhen Stock Exchange on January 10, 2023, under the name "Huahong Convertible Bonds" and code "127077" [2] - The conversion period for the bonds started on June 8, 2023, and will last until the maturity date on December 1, 2028 [2] Group 2: Conversion Price Adjustments - The conversion price for the bonds was adjusted from 15.45 yuan per share to 13.91 yuan per share, effective from July 3, 2023 [3] - A further adjustment reduced the conversion price from 13.92 yuan per share to 11.14 yuan per share, effective from May 20, 2024 [3] Group 3: Conversion and Share Changes - As of June 30, 2025, the company had 5,147,919 convertible bonds remaining, with a total unconverted amount of approximately 514.79 million yuan, indicating a conversion rate of only 0.0404% [4] - The total share capital of the company increased from 581,527,759 shares to 581,534,939 shares due to the conversion of 7,180 shares [5]

| 证券代码：002645 | 证券简称：华宏科技 公告编号：2025-049 | | --- | --- | | 债券代码：127077 | 债券简称：华宏转债 | 江苏华宏科技股份有限公司 关于 2025 年第二季度可转债转股情况的公告 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： 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第 15 号——可转换公司债券》的有关规定，江苏华宏科技股份有限公司（以 下简称"公司"）现将 2025 年第二季度可转换公司债券（以下简称"可转债"） 转股及公司股份变动情况公告如下： 一、可转债发行上市情况 （一）可转债发行情况 经中国证券监督管理委员会《关于核准江苏华宏科技股份有限公司公开发行 可转换公司债券的批复》（证监许可〔2022〕1121 号）核准，公司公开发行可转 换公司债券 51,500.00 万元，每张面值为 100.00 元，发行数量为 515.00 万张。 公司本次发行募集资金总额为 515,000,000.00 元，扣除发行费用（不含税） 1 1、证券代码：00264 ...

| 证券代码：002645 | 证券简称：华宏科技 公告编号：2025-047 | | --- | --- | | 债券代码：127077 | 债券简称：华宏转债 | 江苏华宏科技股份有限公司 第七届董事会第二十八次会议决议的公告 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。 一、董事会会议召开情况 江苏华宏科技股份有限公司（以下简称"公司"）第七届董事会第二十八次 会议于 2025 年 6 月 17 日以书面专人送达和电子邮件方式发出通知。会议于 2025 年 6 月 20 日以现场与通讯结合方式召开。本次会议由董事长胡品贤女士召集并 主持，应出席董事 9 人，实际出席董事 9 人。本次会议的召集、召开和表决程序 符合《中华人民共和国公司法》和《江苏华宏科技股份有限公司章程》的有关规 定，会议合法有效。 二、董事会会议审议情况 1、审议通过《关于不向下修正"华宏转债"转股价格的议案》 表决结果：在关联董事胡士勇、周世杰回避表决的情况下，7 票同意，0 票 反对，0 票弃权。 具体内容详见同日刊登于《证券时报》《上海证券报》及巨潮资讯网 （www.cninf ...

| 证券代码：002645 | 证券简称：华宏科技 公告编号：2025-048 | | --- | --- | | 债券代码：127077 | 债券简称：华宏转债 | 江苏华宏科技股份有限公司 关于不向下修正"华宏转债"转股价格的公告 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、自 2025 年 5 月 26 日至 2025 年 6 月 20 日，江苏华宏科技股份有限公司 （以下简称"公司"）股票已出现任意连续 30 个交易日中至少有 15 个交易日的 收盘价低于当期转股价格 85%的情形，已触发"华宏转债"转股价格向下修正条 款。 2、经公司第七届董事会第二十八次会议审议通过，公司董事会决定本次不 向下修正"华宏转债"转股价格。 公司于 2025 年 6 月 20 日召开第七届董事会第二十八次会议，审议通过了 《关于不向下修正"华宏转债"转股价格的议案》，具体情况如下： 一、可转换公司债券基本情况 （一）可转债发行情况 经中国证券监督管理委员会《关于核准江苏华宏科技股份有限公司公开发行 可转换公司债券的批复》（证监许可〔2022〕1121 ...