Group 1 - As of February 24, the margin trading balance in A-shares reached 26,227.57 billion yuan, an increase of 346.32 billion yuan from the previous trading day, accounting for 2.52% of the A-share circulating market value [1] - The trading volume of margin financing on the same day was 2,281.23 billion yuan, which is an increase of 482.89 billion yuan from the previous trading day, representing 10.28% of the total A-share trading volume [1] - Among the 31 primary industries, 26 experienced net financing inflows, with the electronics industry leading at a net inflow of 6.539 billion yuan [1] Group 2 - A total of 84 individual stocks had net financing inflows exceeding 1 billion yuan, with Zhongji Xuchuang leading at a net inflow of 1.003 billion yuan [1] - Other notable stocks with significant net financing inflows include Kingsoft Office, China Jushi, Deep Technology, Runze Technology, Kweichow Moutai, Shannon Semiconductor, Dongshan Precision, TBEA, and Baiwei Storage [2] - The current storage super cycle is driven by explosive demand and supply lag, particularly in high-end chips due to AI demand, leading to significant price increases in the storage market [2]

本次交易完成之后，润泽科技对广东润惠的持股比例将提升至100%，全面强化对广东润惠的控制力，进而提升广 东润惠的经营管理效率，进一步夯实润泽科技全国性算力服务商的战略布局。 长江商报记者注意到，在当前人工智能行业高速发展背景下，润泽科技的AIDC业务实现跨越式发展，带动公司盈 利能力稳步提升。 此前，润泽科技预计2025年实现归属于上市公司股东的净利润（以下简称"归母净利润"）50亿至53亿元，同比增 长179.28%至196.03%；扣除非经常性损益后的净利润（以下简称"扣非净利润"）18.8亿至19.8亿元，同比增长 5.71%至11.33%。报告期内，公司新增算力中心交付约220MW，算力中心交付规模创历史新高。 截至1月末，润泽科技累计已耗资5.58亿元回购股份1127.69万股，占公司总股本的0.69%。 将持有广东润惠100%股权 长江商报消息 ●长江商报记者 徐佳 作为全国领先的综合算力中心领域科技公司，润泽科技（300442.SZ）将通过资产重组提升对旗下公司的控制力。 日前，润泽科技披露重组预案，拟通过发行可转债的方式购买广东润惠科技发展有限公司（以下简称"广东润 惠"）42.56%股权，并 ...

2月24日，A股迎来马年首个交易日，市场呈现"开门红"态势。全天成交额放量至2.22万亿元，超过4000只个股上涨，市场氛围积极。板块方面，石油石 化、化工、有色、煤炭等资源股集体领涨，而传媒与大消费板块相对疲软。 今日A股高开高走，指数、板块及个股收涨居多，沪指涨0.87%报4117.41点，创业板指涨0.99%报3308.26点，深证成指涨1.36%。上证50、北证50微红，沪 深300涨幅超1%，科创50微跌。 市场交投活跃度提升，成交额较前一交易日增加2193亿元，全天成交达2.22万亿元。值得注意的是，春节前杠杆资金热度持续降温，截至2月13日，沪深 北三市两融余额降至2.59万亿元。 个股层面呈现普涨格局，全天共计4006只个股收涨，涨停股109只；1392只个股收跌，21只个股跌停。从热门交易个股来看，日成交额超100亿元的个股共 计4只。CPO概念股"易中天"组合表现亮眼：中际旭创（300308）收涨4.33%报554元/股，天孚通信（300394）收涨12.65%报351.01元/股。此外，润泽科技 （300442）涨逾13%。 受访人士指出，A股节后有望延续震荡上行格局，但行情性质与核心驱 ...

沪深两市3764股上涨，1344股下跌，82股持平。合计成交额2.20万亿元，较前一交易日成交放量约2193.84亿元。 2月24日，马年首个交易日，A 股迎来开门红，三大指数集体大涨，盘中涨超1%。 根据交易所数据，截止收盘，上证指数涨0.87%，报4117.41点；深证成指涨1.36%，报14291.57点；创业板指涨0.99%，报3308.26点。另外沪深300涨 1.01%，科创50跌0.34%。 资金方面，大盘主力资金净流出31.78亿元。电子主力资金净流入55.50亿元居首，其次是有色金属（53.93亿元）、通信设备（48.73亿元）、通信网络设备及 器件（47.88亿元）、通信（41.60亿元）。计算机主力资金净流出133.29亿元居首，其次是传媒（-75.32亿元）、IT服务Ⅱ（-65.06亿元）、IT服务Ⅲ（-65.06 亿元）、软件开发（-56.79亿元）。 | | | 市值 | 公司_ _ _ _ _ | | --- | --- | --- | --- | | 三环集团 | 16.21% | 1264亿 | MLCC、陶瓷基片、光纤陶瓷插芯等核心j7 | | 润泽科技 | 13.46% ...

东方财富证券同样指出，市场的微观流动性有利环境与国内政策期待仍在，结合历史上的季节效应，当 前可积极迎接春季行情第二段。从历年经验看，春节后全国两会前政策预期及资金回流等因素共同支撑 风险偏好，市场进入可为期，而近期市场震荡走弱，则为后续春季行情第二段创造空间。风格上成长/ 周期、小盘、高市盈率相对占优，金融、大盘、低市盈率风格普遍跑输。 （文章来源：每日经济新闻） 消息面上，对于今年的货币政策，央行日前定调对降准降息等工具运用要求"灵活高效"。"灵活"，表明 将根据内外部环境变化和经济发展需要，适时运用货币政策工具；"高效"，表明运用降准降息等工具 时，要更多考虑政策有效性和针对性，既要加大力度支持经济增长，也要加强防范资金空转、地方债务 等风险。 兴业证券表示，节前A股跟随海外资产调整后已释放了一定的风险，节后A股即将进入一段高胜率窗 口，看好A股节后迎来新一轮上行。 2月24日，A股三大指数高开，盘面上，贵金属、油气能源、光模块CPO、PCB概念、港口航运板块集 体走高，A500增强ETF华夏（512370）、A500ETF基金（512050）持续拉升，截至10:56，涨幅分别达 1.63%、1.38% ...

截至预案签署日，标的公司的审计和评估工作尚未完成，本次交易的具体交易价格尚未确定。标的 资产的交易价格将以符合《证券法》等相关法律法规要求的评估机构出具并经国有资产监督管理部门或 其授权机构备案（如需）的资产评估报告确定的评估结果为基础，由交易各方协商确定，并在重组报告 书中予以披露。 本次交易中，上市公司拟向不超过35名特定投资者发行股份募集配套资金，募集配套资金金额不超 过本次交易中上市公司以发行可转换公司债券购买资产的交易金额的100%，并且募集配套资金发行股 份数量不超过本次购买资产完成后上市公司总股本的30%。 募集配套资金拟用于标的公司项目建设、上市公司和标的公司补充流动资金或偿还债务、支付本次 交易相关费用等，募集配套资金具体用途及金额将在重组报告书中予以披露。本次募集配套资金以本次 购买资产的成功实施为前提，但本次购买资产不以本次募集配套资金的成功实施为前提，本次募集配套 资金最终成功与否不影响本次购买资产的实施。 本次交易预计不构成关联交易。本次交易对方为中金算力基金等12名投资者，与上市公司不存在关 联关系。根据交易方案，本次交易完成后，假设交易对方将其持有的上市公司可转换公司债券全部转为 ...

据交易所数据显示，截至2月24日开盘一小时，主力资金流入前20的股票分别为： 中际旭创（16.27亿元）、 华工科技（11.88亿元）、 中国中铁（10.39亿 元）、 沪电股份（6.78亿元）、 湖南白银（6.73亿元）、 润泽科技（6.44亿元）、 协鑫集成（5.92亿元）、 再升科技（5.92亿元）、 天孚通信（5.87亿 元）、 保变电气（5.56亿元）、 中国船舶（5.50亿元）、 永鼎股份（5.40亿元）、 胜宏科技（5.20亿元）、 新易盛（4.34亿元）、 北京君正（4.15亿元）、 特变电工（4.06亿元）、 洲际油气（4.04亿元）、 金风科技（4.02亿元）、 太极实业（3.92亿元）、 深南电路（3.82亿元）。 | 股票名称 | 涨跌幅 (%) | 主力资金流向 | 所属行) | | --- | --- | --- | --- | | 中际旭创 | 5.27 | 16.27亿元 | 通信 | | 华工科技 | 10 | 11.88亿元 | 机械设备 | | 中国中铁 | 10 | 10.39亿元 | 建筑装饰 | | 沪电股份 | 4.5 | 6.78亿元 | 电子 | | 湖南白银 ...

Investment Rating - Industry rating: Recommended [5] Core Insights - The recent surge in China's AI models during the "Spring Festival" has shifted the focus from general chat tools to vertical productivity tools and real agent implementations, particularly in industrial video generation and engineering-level programming [1][13] - Major players like ByteDance, Alibaba, and Zhipu AI are leading the market, with competition now centered on efficiency, cost control, and scene adaptation rather than just parameter scale [1][13] - The demand for computing power is expected to boost hardware and computing rental markets, benefiting companies involved in computing leasing and third-party data centers [2][14] Summary by Sections Section 1: AI Model Developments - Multiple flagship models were released during the Spring Festival, enhancing capabilities in video and programming applications, with significant improvements in quality and efficiency [7][13] - ByteDance's Seedance 2.0 model supports multi-modal input and has shown substantial advancements in generating complex interactions and maintaining physical accuracy [8][9] - Alibaba's Qwen3.5-Plus model has achieved breakthroughs in multi-modal capabilities and cost efficiency, making it competitive with leading models globally [10][11] Section 2: Market Outlook - The current market is experiencing liquidity concerns and changing capital expenditure expectations from overseas players like OpenAI, leading to a cautious outlook for the AI sector [3][15] - The AI development phase is seen as a critical acceleration period, with increasing demand for token usage and ongoing expansion of foundational computing infrastructure [3][15] Section 3: Recommended Investment Targets - Key investment opportunities include companies in computing and communication infrastructure, such as China Mobile, China Telecom, and third-party data center firms like Huohuan New Network and Data Port [15][17] - The report highlights the potential of low-orbit satellite components and chip suppliers in the commercial aerospace sector [3][15] - Recommendations also extend to edge computing firms and those involved in satellite internet and low-altitude economy sectors [17][19]

Core Insights - The 2026 Spring Festival Gala marked a significant shift with AI becoming the main attraction, integrating deeply into the event in unprecedented ways [1][11] Group 1: AI Application and Engagement - The core of this AI-driven event was the "Doubao" application from ByteDance, which played a crucial role as the exclusive AI cloud partner, contributing to both technical support and interactive segments [3][4] - "Doubao" launched a large-scale "Doubao New Year" campaign a week before the gala, featuring exciting lottery activities with over 100,000 high-tech prizes, including robots and electric vehicles, to engage the audience [3][4] Group 2: Technical Infrastructure - Behind the scenes, ByteDance's video generation model Seedance 2.0 was responsible for creating customized visual experiences for several performances, enhancing the overall viewer experience [6] - The AI server supply chain was led by Inspur Information, which provided high-performance servers equipped with NVIDIA H800 GPUs, crucial for supporting "Doubao" and the gala's high concurrency interactions [7] Group 3: Data and Content Supply - Hai Tian Rui Sheng, a leader in AI training data, supplied high-quality multimodal training data for "Doubao," while Visual China provided essential image and video content [9] - The marketing aspect was significantly supported by BlueFocus, which integrated "Doubao" into its marketing platform, facilitating AI-driven promotional activities for the gala [9] Group 4: Hardware and Software Collaboration - Zhongke Chuangda was designated as the sole system-level software partner for "Doubao," focusing on optimizing the AI's performance on various devices [8] - ZTE collaborated with "Doubao" to develop AI smartphones, while other companies provided essential components for AI-enabled devices, ensuring seamless integration of AI technology into consumer products [8]

【近20家A股上市公司本周披露并购重组最新公告 润泽科技拟购买广东润惠42.56%股权股票将于2月24 日复牌】智通财经2月14日电，据智通财经不完全统计，截至发稿，本周（2月9日-2月14日）包括润泽 科技、宗申动力、华培动力、拓山重工、中南文化、厦门空港、天汽模、新锐股份、东望时代、新恒 汇、裕同科技、埃夫特、海南矿业、金徽股份、方大炭素、厦门钨业和中闽能源在内的17家A股上市公 司披露并购重组进展最新公告。其中，润泽科技拟以发行可转债方式购买广东润惠42.56%股权，股票 将于2月24日复牌。 转自：智通财经 ...