Group 1 - The core index of the CSI Quantum Communication Theme Index is reported at 3937.50 points, showing a low opening and a high closing trend [1] - The CSI Quantum Communication Theme Index has increased by 9.97% in the past month, 1.88% in the past three months, and 9.50% year-to-date [2] - The index includes representative listed companies related to quantum communication across various sectors such as components, equipment production, construction operation, and application [2] Group 2 - The top ten weighted companies in the CSI Quantum Communication Theme Index include Dongxin Peace (4.55%), Chutian Long (4.14%), and Aerospace Electronics (3.37%) [2] - The market distribution of the index shows that the Shenzhen Stock Exchange accounts for 60.57%, while the Shanghai Stock Exchange accounts for 39.43% [2] - The industry composition of the index indicates that Information Technology comprises 40.12%, Communication Services 32.50%, and Industry 18.55% [2] Group 3 - The index samples are adjusted every six months, with adjustments implemented on the next trading day after the second Friday of June and December [3] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [3] - Companies that are delisted or undergo mergers, acquisitions, or splits will be handled according to the calculation and maintenance guidelines [3]

Market Overview - On June 26, the market experienced a pullback with 3,600 stocks declining and over 1,600 stocks rising, while 72 stocks hit the daily limit up and 3 stocks hit the limit down. The market focus was on sectors such as military industry, digital currency, and solid-state batteries [1]. Stock Performance - Notable stocks included: - **Zhun Oil Co. (002207)**: Achieved a 10.04% increase, with a trading volume of 10.42 million and a 47.17% turnover rate, marking its 10th consecutive trading day of gains [2]. - **Zhejiang Dongri (600113)**: Increased by 10.00% with a trading volume of 8.62 million and a 7.94% turnover rate, marking 8 days of gains [2]. - **Great Wall Military Industry (601606)**: Rose by 9.99% with a trading volume of 13.197 million, achieving 7 days of gains [2]. - **Jida Zhengyuan (003029)**: Increased by 10.01% with a trading volume of 7.868 million, marking 4 consecutive days of gains [2]. - **Wanli Ma (300591)**: Notably surged by 20.05% with a trading volume of 11.28 million, achieving 4 days of gains [2]. Trading Insights - The top net buying stocks on the Dragon and Tiger list included: - **Chutian Long (300040)**: Net buying of 2.25 billion, with a 9.99% increase and a trading volume of 28.97 billion [5]. - **Nord Co. (600110)**: Net buying of 2.13 billion, with a 4.96% increase and a trading volume of 42.06 billion [5]. - **Hainan Huatie (603300)**: Net buying of 1.19 billion, with a 7.13% increase and a trading volume of 59.76 billion [5]. Sector Highlights - **Military Sector**: Stocks like Great Wall Military Industry and Wanli Ma showed strong performance, indicating ongoing interest in military-related investments [3]. - **Digital Currency**: Stocks such as Jida Zhengyuan are gaining traction due to their involvement in digital currency and cross-border payment solutions [2][10]. - **Solid-State Batteries**: Companies like Nord Co. are focusing on solid-state battery technology, with their copper foil business showing potential despite current revenue contributions being low [11][14]. Institutional Activity - Institutions showed significant activity with net buying in stocks like **Yuyin Co. (002177)** and **Hainan Huatie (603300)**, while notable net selling occurred in **Rongchang Biology (688331)** and **Tianmu Lake (603136)** [6][8][22].

Core Insights - The electronic ID concept sector saw a rise of 2.89%, ranking second among concept sectors, with 28 stocks increasing in value, including significant gainers like Xin'an Century and Kechuang Information, which hit the 20% limit up [1][2] Group 1: Sector Performance - The electronic ID concept sector had a net inflow of 7.95 billion yuan from main funds, with 20 stocks receiving net inflows, and 6 stocks exceeding 50 million yuan in net inflow [2] - The top net inflow stock was Chutianlong, with a net inflow of 7.26 billion yuan, followed by Kechuang Information and Dongfang Guoxin with net inflows of 2.05 billion yuan and 2.03 billion yuan respectively [2][3] Group 2: Stock Performance - Stocks with the highest net inflow ratios included Jida Zhengyuan (55.27%), Chutianlong (25.06%), and Kechuang Information (20.10%) [3][4] - Notable gainers in the electronic ID sector included Jida Zhengyuan (10.01%), Dongfang Guoxin (10.35%), and Xin'an Century (20.02%) [3][4] Group 3: Decliners - The stocks with the largest declines included Xinguodu (down 4.63%), Dongxin He Ping (down 2.48%), and Newland (down 1.93%) [5]

Core Viewpoint - The data security sector has shown a positive performance with a 1.33% increase, ranking 9th among concept sectors, indicating strong investor interest and potential growth opportunities in this area [1][2]. Group 1: Sector Performance - As of June 26, the data security concept saw 99 stocks rise, with notable gainers including *ST Guangdao at a 30% limit up, and others like Xin'an Century and Kexin Information both reaching 20% limit up [1]. - The top gainers in the sector included *ST Tianyu, Changliang Technology, and Dongfang Guoxin, with increases of 13.30%, 12.31%, and 10.35% respectively [1]. - Conversely, the worst performers were Zhongcheng Technology, Hengyin Technology, and *ST Xintong, which fell by 4.29%, 4.03%, and 3.07% respectively [1]. Group 2: Capital Inflow - The data security sector attracted a net inflow of 1.19 billion yuan from major funds, with 67 stocks receiving net inflows, and 6 stocks exceeding 100 million yuan in inflows [2]. - The leading stock in terms of net inflow was Zhongke Shuguang, which saw an inflow of 834 million yuan, followed by Chutianlong and Changliang Technology with inflows of 726 million yuan and 315 million yuan respectively [2]. - Stocks with the highest net inflow ratios included Jida Zhengyuan at 55.27%, Shida Group at 26.14%, and Chutianlong at 25.06% [3]. Group 3: Stock Performance Metrics - Zhongke Shuguang had a daily increase of 3.66% with a turnover rate of 6.47%, while Chutianlong surged by 9.99% with a turnover rate of 27.00% [3]. - Other notable performers included Kexin Information with a 20.01% increase and a turnover rate of 32.34%, and Dongfang Guoxin with a 10.35% increase and a turnover rate of 15.25% [3]. - The overall performance metrics indicate a healthy trading environment within the data security sector, with several stocks showing significant gains and high turnover rates [3].

Group 1 - The digital currency sector increased by 1.91%, ranking 6th among concept sectors, with 62 stocks rising, including significant gainers like Xinan Century and Kexin Information, which hit the 20% limit up [1][2] - Notable stocks with high increases include *ST Tianyu (up 13.30%), Changliang Technology (up 12.31%), and Dongfang Guoxin (up 10.35%) [1][2] - The sector experienced a net outflow of 839 million yuan, with 39 stocks seeing net inflows, and 7 stocks receiving over 100 million yuan in net inflows, led by Hainan Huatie with 1.031 billion yuan [2][3] Group 2 - The top stocks by net inflow ratio include Jida Zhengyuan (55.27%), Chutianlong (25.06%), and Kexin Information (20.10%) [3][4] - The digital currency concept's top performers in terms of net inflow include Hainan Huatie, Chutianlong, and Changliang Technology, with respective net inflows of 1.031 billion yuan, 726 million yuan, and 315 million yuan [3][4] - Stocks like *ST Tianyu and Xinan Century also showed significant price increases, contributing to the overall positive sentiment in the digital currency sector [1][5]

Core Viewpoint - The A-share market experienced a pullback in the afternoon, with major indices declining, while bank stocks showed resilience and reached historical highs, driven by positive news related to digital currency concepts [1][4][14]. Market Performance - The Shanghai Composite Index fell by 0.22%, the Shenzhen Component Index decreased by 0.48%, and the ChiNext Index dropped by 0.66% [1]. - The total market turnover was 16,231 billion, a decrease of 163 billion from the previous day [1]. Stock Highlights - Notable stocks such as Nord Shares, Xingye Shares, Tianli Technology, and Hunan Tianyan experienced significant volatility [3]. - Bank stocks, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications, reached historical highs [4][14]. - Chutianlong (003040) saw a rapid rise to the daily limit but later experienced fluctuations, ultimately closing with a transaction amount of 28.97 billion and a net inflow of 7.26 billion, ranking third in A-shares [4][12]. Sector Performance - The banking sector led the gains, with Qingdao Bank and Suzhou Bank rising approximately 5% [14][16]. - Other sectors that performed well included military equipment, cross-border payments, and oil and gas, while sectors like photolithography machines, brain-computer interfaces, innovative drugs, and semiconductors faced declines [7]. Digital Currency Concept - Digital currency concept stocks, particularly Chutianlong, saw significant increases, with the stock closing at 24.34, up 9.99% [9][12]. - The Hong Kong government announced its commitment to becoming a global innovation center in the digital asset field, which may positively impact related stocks [12]. Tourism and Hospitality Sector - The tourism and hotel sector showed notable activity, with stocks like Tianmuhu hitting the daily limit and Hong Kong travel stocks surging, with one stock increasing by over 170% [17][21]. - Data indicated a peak in travel bookings, with expectations for continued growth in domestic tourism through the summer [21].

稳定币概念持续拉升 楚天龙等近10股涨停 智通财经6月26日电，午后稳定币概念持续拉升，楚天龙反包涨停走出7天3板，此前科创信息、格尔软 件、京北方、奥瑞德等涨停，信安世纪、美登科技、朗新集团、长亮科技、拉卡拉均涨超10%。消息面 上，香港特区政府今日发表《香港数字资产发展政策宣言2.0》，财政司司长陈茂波表示，《政策宣言 2.0》展现特区政府对数字资产发展的愿景，并通过实践展示代币化的实质应用，推进应用场景的多元 化。 ...

Core Viewpoint - The recent surge in research on stablecoins by brokerage firms indicates a growing interest in the potential for stablecoins to achieve compliant development and expand their applications in the financial sector [1][2][3]. Group 1: Research and Analysis - At least 16 brokerage firms published 24 research reports on stablecoins in the past week, covering various industries such as macroeconomics, computer science, media, finance, and blockchain [3]. - The frequency of roadshows and conference calls focused on stablecoins has increased, with over 30 calls held in the last two weeks, discussing policy interpretations, industry chain analysis, and investment strategies [4]. - Analysts from East Wu Securities emphasize that stablecoins, as a type of cryptocurrency, are linked to specific stable assets to maintain value stability, enhancing payment efficiency and asset liquidity [5]. Group 2: Market Performance - Several A-share stablecoin concept stocks have shown significant price increases since June, with Hengbao Co., Ltd. rising approximately 66%, Chutianlong up 65%, and Sifang Jingchuang increasing about 60% as of June 20 [7]. - Institutions have been actively researching multiple stablecoin concept stocks, focusing on the development prospects of stablecoins and the relevant technologies and application scenarios of listed companies [8]. Group 3: Regulatory Developments - Recent regulatory frameworks in the U.S. and Hong Kong signify a formal acceptance of stablecoins, opening new investment opportunities [12][13]. - The Hong Kong Legislative Council passed the "Stablecoin Ordinance," establishing a licensing system for fiat-backed stablecoin issuers, which is expected to enhance financial stability and promote innovation [12]. - The U.S. Senate passed the "GENIUS Act," creating the first federal regulatory framework for dollar-pegged stablecoins, marking a significant step towards legal oversight of the crypto asset industry [13]. Group 4: Corporate Initiatives - Major internet companies like Alibaba and JD.com are entering the stablecoin space, with Ant International accelerating investments in global financial management and JD.com testing compliant stablecoins in Hong Kong [14][15]. - JD.com's stablecoin is set to be applied in cross-border trade, emphasizing compliance, security, and auditability to meet real payment needs across Asia-Pacific, the Middle East, and Africa [15]. Group 5: Industry Trends - The People's Bank of China has acknowledged the growth of stablecoins and central bank digital currencies, highlighting their potential to streamline cross-border payment processes while posing regulatory challenges [16].

Summary of Key Points Core Viewpoint - The major shareholders of Chutianlong Co., Ltd. have reduced their holdings, leading to a decrease in their combined ownership percentage below 50% [1][2]. Group 1: Shareholding Changes - From June 13 to June 19, 2025, Wenzhou Yima and Wenzhou Xianghongwan collectively reduced their shareholding by 2,488,800 shares, resulting in a combined ownership percentage decrease from 50.53970% to 49.99999% [1][2]. - Prior to the reduction, Wenzhou Yima held 233,056,750 shares, representing 50.53970% of the total shares [1][2]. - After the reduction, Wenzhou Yima's shareholding decreased to 230,567,950 shares, which is 49.99999% of the total shares [2][3]. Group 2: Compliance and Regulations - The share reduction was conducted in compliance with relevant regulations, including the Shenzhen Stock Exchange's guidelines and the China Securities Regulatory Commission's rules [3]. - There were no violations reported during the share reduction process, and the shareholders have fulfilled their reporting obligations regarding the equity change [3]. Group 3: Future Plans - There is no indication that the shareholders plan to continue reducing their holdings in the next 12 months [2].

三、依据《公司法》《证券法》《收购管理办法》《格式准则 15 号》的规 定，本报告书已全面披露了信息披露义务人在楚天龙股份有限公司拥有权益的股 份变动情况。 楚天龙股份有限公司 简式权益变动报告书 上市公司名称：楚天龙股份有限公司 股票上市地点：深圳证券交易所 股票简称：楚天龙 股票代码：003040 信息披露义务人（一）：温州一马企业管理中心（有限合伙） 住所、通讯地址：浙江省温州市平阳县南麂镇美龄宫 信息披露义务人（二）：温州翔虹湾企业管理有限公司 住所、通讯地址：浙江省温州市平阳县南麂镇美龄宫 股份变动性质：股份减少 签署日期：2025年6月19日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》 （以下简称《公司法》）、 《中华人民共和国证券法》（以下简称《证券法》）、《上市公司收购管理办法》 （以下简称《收购管理办法》）、《公开发行证券的公司信息披露内容与格式准 则第 15 号—权益变动报告书》（以下简称《格式准则 15 号》）及相关法律、法 规和规范性文件编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人公司章程或内部规则中的任何 ...