证券研究报告|行业研究周报 [Table_Date] 2026 年 3 月 29 日 [Table_Title] 中东电解铝供应确定性收缩，关注左侧布局价值 [Table_Title2] 有色-基本金属行业周报 [Table_Summary] 报告摘要: ►贵金属：美伊冲突持续，贵金属定价向通胀与利率 博弈切换 本周 COMEX 黄金下跌 0.05%至 4,489.70 美元/盎司， COMEX 白银上涨 2.89%至 69.77 美元/盎司。SHFE 黄金下跌 3.90%至 998.66 元/克，SHFE 白银下跌 0.77%至 17,489.00 元/ 千克。 本周金银比下跌 2.86%至 64.35。本周 SPDR 黄金 ETF 持 仓减少 137,805.42 金衡盎 司，SLV 白银 ETF 持仓 增加 5,162,058.80 盎司。 周一，美国 1 月营建支出月率 -0.3%，预期 0.10%，前值 由 0.30%修正为 0.8%。 周二，美国 3 月标普全球制造业 PMI 初值 52.4，预期 51.3，前值 51.6。美国 3 月标普全球服务业 PMI 初值 51.1，预 期 51.5，前值 ...

►贵金属：美伊冲突持续，贵金属定价向通胀与利率 博弈切换 本周 COMEX 黄金下跌 0.05%至 4,489.70 美元/盎司， COMEX 白银上涨 2.89%至 69.77 美元/盎司。SHFE 黄金下跌 3.90%至 998.66 元/克，SHFE 白银下跌 0.77%至 17,489.00 元/ 千克。 本周金银比下跌 2.86%至 64.35。本周 SPDR 黄金 ETF 持 仓减少 137,805.42 金衡盎 司，SLV 白银 ETF 持仓 增加 5,162,058.80 盎司。 证券研究报告|行业研究周报 周一，美国 1 月营建支出月率 -0.3%，预期 0.10%，前值 由 0.30%修正为 0.8%。 [Table_Date] 2026 年 3 月 29 日 周二，美国 3 月标普全球制造业 PMI 初值 52.4，预期 51.3，前值 51.6。美国 3 月标普全球服务业 PMI 初值 51.1，预 期 51.5，前值 51.7。美国 3 月里奇蒙德联储制造业指数 0，前 值-10。 [Table_Title] 中东电解铝供应确定性收缩，关注左侧布局价值 [Table_Title2] ...

记者丨张嘉钰 A股黄金股今日同样大涨，截至发稿，晓程科技涨超9%，赤峰黄金、中金黄金涨超6%。 编辑丨曾静娇 3月25日，现货黄金持续上涨，盘中连续突破4500美元、4600美元两大关口，截至10：07，涨近3%回落 至4590美元/盎司上方，年初至今涨幅达6.15%。现货白银涨3.44%报73.729美元/盎司。 受此影响，国内部分品牌金饰价格也随之上调，克价重回1400元。周生生足金饰品报1418元/克，单日 上涨68元；老凤祥报价1408/克，单日上涨63元/克。 | | | | 周生生 (how Sang Sang | | | | | --- | --- | --- | --- | --- | --- | --- | | 周生生 | PROMESSA | MINTYGREEN | EMPHASIS | MARCO BICEGO | 劳力士 | 帝舵表 | | | | | | | | 金价(人民币) | | 足金饰品(每克) | | | 禁出 | | | ¥1418 | | | | | 换金价 | | | ¥1207 | | | | | 换珠宝价 | | | ¥1207 | | 950铂金饰品(每克) ...

北京晓程股份有限公司 关于以自有闲置资金进行委托理财的进展公告 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，无虚假记载 、误导性陈述或重大遗漏。 北京晓程科技股份有限公司（以下简称"公司"）于 2026 年 1 月 28 日 召开第九届董事会第四次会议，审议通过了《关于以自有闲置资金进行委托理 财的议案》（公告编号：2026-005），为提高公司资金使用效率，增加投资收 益，公司同意在确保不影响正常运营和资金安全的前提下，使用不超过 10,000 万元（含 10,000 万元）闲置的自有资金进行委托理财，用于购买商业银行、 证券公司、基金公司、保险公司、资产管理公司等金融机构发行的风险可控、 安全性高的理财产品。上述额度自董事会审议通过之日起 12 个月内有效，在 有效期内额度可循环滚动使用，但期限内任一时点的委托理财金额(含前述投资 的收益进行再投资的相关金额)不得超过 10,000 万元。 序 近日公司使用自有闲置资金在授权范围内购买了理财产品，现将相关事项 公告如下： | | | | | 有效期内额度可循环滚动使用，但期限内任一时点的委托理财金额(含前述投资 | | | | | | --- ...

Summary of Key Points from Conference Call Industry Overview - The strongest sector in the market is the oil and gas industry, with multiple companies showing significant performance [1] - Key players in the oil and gas sector include: - Water Development Oil and Gas (3 boards) - Intercontinental Oil and Gas (2 boards) - Zhun Oil Co. (2 boards) - Sinopec Oilfield Services (2 boards) - China National Petroleum Corporation (2 boards) [1][1][1] Sector Analysis - **Oil and Gas**: - Major companies include Tongyuan Petroleum, Intercontinental Oil and Gas, Water Development Gas, Zhongman Petroleum, Zhun Oil Co., Sinopec Oilfield Services, Beiken Energy, Blue Flame Holdings, and China National Petroleum [1] - **Shipping**: - Key players are COSCO Shipping Energy Transportation, China Merchants Jinling Shipyard, Ningbo Shipping, China Merchants Industry, and Nanjing Port [1] - **Photovoltaic Energy Storage**: - Notable companies include Airo Energy, Deyue Co., Shouhang New Energy, GCL-Poly Energy, Oujing Technology, Goodwe, and Guosheng Technology [1] - **Optical Communication**: - Companies mentioned include Huasheng Chang, Huilv Ecology, Tongding Interconnection, Jufei Optoelectronics, Robotech, Tengjing Technology, Huagong Technology, and Yuanjie Technology [2] - **Coal Chemical**: - Key players are Jinniu Chemical, Luohua Technology, Chitianhua, Baofeng Energy, China Coal Energy, and Lutianhua [2] - **Gold**: - Companies include Xiaocheng Technology, Western Gold, and Mankalon [2] - **Agriculture**: - Notable companies are Yasheng Group, Qiule Seed Industry, Kangnong Seed Industry, Shennong Seed Industry, and Quanyin High-Tech [2] - **Electric Power**: - Specific companies were not detailed in the provided content [2] Additional Insights - The market shows a diverse range of sectors with significant activity, particularly in oil and gas, which is currently the strongest sector [1] - The presence of multiple companies across various sectors indicates a robust market environment with potential investment opportunities [1][2]

证券代码：300139 证券简称：晓程科技 公告编号：2026-008 北京晓程科技股份有限公司 关于股票交易异常波动的公告 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，无虚假记载、 误导性陈述或重大遗漏。 一、股票交易异常波动的情况 北京晓程科技股份有限公司（以下简称"公司"）于 2026 年 2 月 27 日、2026 年 3 月 2 日、2026 年 3 月 3 日连续三个交易日收盘价格涨幅累计偏离 34.32 %， 根据《深圳证券交易所交易规则》的有关规定，属于股票交易异常波动的情况。 二、公司关注并核实情况说明 针对公司股票异常波动情况，公司董事会对有关事项进行了核实，现就相关情况说 明如下： （一）公司前期披露的信息不存在需要更正、补充之处。 （三）公司目前的经营情况及内外部经营环境未发生重大变化。 （四）公司、控股股东不存在关于公司的应披露而未披露的重大事项，或处于筹划 阶段的重大事项。 （五）公司控股股东及其一致行动人在公司股票异常波动期间不存在买卖公司股票 的行为。 三、是否存在应披露而未披露信息的说明 本公司董事会确认，本公司目前没有任何根据《深圳证券交易所创业板股票上市规 ...

Market Overview - The market experienced fluctuations with mixed performance across major indices, where the Shanghai Composite Index rose by 0.39%, while the Shenzhen Component Index fell by 0.06%, and the ChiNext Index decreased by 1.04% [1] Sector Performance - The non-ferrous metals sector showed strong performance, with companies like Zhangyuan Tungsten and Xianglu Tungsten hitting the daily limit [1] - The rare earth permanent magnet sector also saw gains, with Zhongxi Rare Earth reaching the daily limit and Baogang Group nearing the limit [1] - Gold stocks rallied, with Hunan Gold hitting the daily limit [1] - The computing power leasing concept was active, with Chengdi Xiangjiang and Litong Electronics also reaching the daily limit [1] Specific Stock Movements - Hunan Gold (SZ002155) increased by 10.01% to 37.70, while Hengbang Shares (SZ002237) rose by 5.18% to 18.90 [3] - Other notable performers included Xiaocheng Technology (SZ300139) up by 4.96% to 66.48, and Chifeng Gold (SH600988) up by 2.97% to 39.92 [3] Industry Trends - The computing chip stocks showed recovery in the afternoon, with declines narrowing, while the film and cinema sector continued to adjust, with Bona Film Group experiencing a notable decline [4]

（文章来源：证券日报） 证券日报网讯 2月24日，晓程科技在互动平台回答投资者提问时表示，2026年2月13日公司合并普通账 户和融资融券信用账户的股东人数为79766户。 ...

Market Overview - On February 24, the first trading day after the Spring Festival, the Shanghai Composite Index rose by 0.87%, the Shenzhen Component Index increased by 1.36%, while the Sci-Tech Innovation Board Index fell by 0.61%, and the ChiNext Index rose by 0.99% [1][4] - The total market turnover for the day was 2.22 trillion yuan, with over 4,000 stocks in the green and 111 stocks hitting the daily limit [1][4] Oil and Gas Sector - Tensions in US-Iran relations have increased geopolitical risk premiums in the oil market, leading to a surge in the oil and gas sector, with multiple stocks hitting the daily limit [1][4] - Notable stocks include: - Xinjin Power: 20.07% increase, trading volume of 123 million shares, turnover of 7.96 billion yuan [2][5] - Tongyuan Petroleum: 20.04% increase, trading volume of 9.41 million shares, turnover of 11.84 billion yuan [2][5] - Qianeng Hengxin: 20.01% increase, trading volume of 3.47 million shares, turnover of 11.78 billion yuan [2][5] - Zhongyou Engineering: 10.13% increase, trading volume of 100 million shares, turnover of 4.20 billion yuan [2][5] Diamond Sector - The cultivated diamond sector saw significant gains, with stocks like Sifangda hitting the daily limit, and other stocks such as World and Huifeng Diamond rising over 10% [5] Precious Metals Sector - The precious metals sector was active, with stocks like Hunan Silver, Shengda Resources, and Sichuan Gold hitting the daily limit, while Xiaocheng Technology rose over 15% [6] - The CPO index for optical modules increased by over 4%, with major players like Yizhongtian achieving transaction volumes exceeding 10 billion yuan [6]

Group 1 - The A-share market saw a strong performance in gold-related stocks, with notable increases such as Xiaocheng Technology rising over 12% and Hebang Bio hitting the daily limit of 10% [1] - Recent news indicates that gold and silver prices have strengthened, with spot gold reaching a high of $5249.97, the highest since January 30, and spot silver surpassing $90, a peak since February 5 [1] - UBS maintains a positive outlook on gold, projecting that the international spot gold price could reach $6200 per ounce in the coming months, driven by geopolitical risks and continued monetary easing by the Federal Reserve [1] Group 2 - Analysts predict that global gold demand will exceed 5000 tons by 2025, supported by stronger investment flows and ongoing purchases by central banks [1] - Supply growth appears limited, with Wood Mackenzie estimating that around 80 mines will exhaust their current production plans by 2028, indicating constrained supply elasticity in the short term [1] - The following companies experienced significant stock price increases: Xiaocheng Technology (12.91%), Hebang Bio (10.08%), and Hunan Silver (9.65%), among others, reflecting the bullish sentiment in the gold sector [2]