【导读】中船应急8月1日起实施其他风险警示，证券简称变为ST应急 中国基金报记者 闻言 7月30日晚间，中船应急公告称，公司股票将自8月1日开市起被实施其他风险警示，证券简 称变为ST应急，股票交易的日涨跌幅限制仍为20%。 中船应急计划自7月31日开市起停牌，8月1日开市起复牌。截至7月30日收盘，中船应急股价 报12.51元/股，涨幅达4.95%，总市值为123.5亿元。截至7月18日，公司股东人数为7.656 万户。 2022年年报涉嫌存在会计差错 7月30日，中船应急及相关当事人收到湖北证监局下发的《行政处罚事先告知书》。《行政处 罚事先告知书》显示，经查明，中船应急涉嫌信息披露违法违规，包括2022年年报披露的财 报存在收入确认和坏账计提不准确的会计差错。 | 正券代码:300527 | 证券简称:中船应急 | 公告编号:202 | | --- | --- | --- | | 债券代码:123048 | 债券简称:应急转债 | | 一是中船应急对部分产品提前确认收入，导致其2022年营业收入多计3137.24万元，营业成 本多计1839.09万元，利润总额多计1298.15万元。 二是中船应急对部分 ...

Report Industry Investment Ratings No relevant content provided. Core Views of the Report - The stock index futures market has policy support, and there are opportunities to go long on dips. The bond market is affected by the stock - commodity market, and the interest rate is expected to decline in the long - term. The precious metals market is under pressure due to the hawkish stance of the Fed. Different metals in the non - ferrous metals market have different price trends based on their supply - demand fundamentals. The black building materials market is affected by policies and demand, and prices may fluctuate. The energy and chemical market has various trends for different products based on supply - demand and cost factors. The agricultural products market also shows different trends for different products such as livestock, grains, and oils [2][5][7] Summary by Relevant Catalogs Macro - financial Stock Index - **News**: The Politburo meeting emphasized the attractiveness and inclusiveness of the capital market. The Guangzhou Futures Exchange adjusted trading limits for some contracts of industrial silicon, polysilicon, and lithium carbonate. Ningde Times' net profit increased by 33.02% year - on - year. Zhongchuan Emergency will be under risk warning from August 1st [2] - **Base Ratio**: Different base ratios are provided for IF, IC, IM, and IH contracts in different periods [2] - **Trading Logic**: The policy's support for the capital market is confirmed, and there are opportunities to go long on dips [2] Treasury Bonds - **Market Quotes**: On Wednesday, the main contracts of TL, T, TF, and TS all rose [3] - **News**: The Politburo meeting emphasized the implementation of fiscal and monetary policies. The Sino - US economic and trade talks agreed to extend relevant tariffs and counter - measures for 90 days [3] - **Liquidity**: The central bank conducted 3090 billion yuan of 7 - day reverse repurchase operations, with a net investment of 1585 billion yuan [3] - **Strategy**: The interest rate is expected to decline in the long - term, but the stock and commodity markets may suppress the bond market in the short - term [6] Precious Metals - **Market Quotes**: Both domestic and foreign gold and silver prices declined. The US 10 - year Treasury yield was 4.38%, and the US dollar index was 99.82 [7] - **Market Outlook**: The hawkish stance of the Fed and the strong US economic data are negative factors for precious metals [7] Non - ferrous Metals Copper - **Market Quotes**: LME copper fell 0.74%, and SHFE copper was affected. The inventory and basis changed [10] - **Price Outlook**: The pressure on copper prices is relieved, and the price is expected to stabilize in the short - term [10] Aluminum - **Market Quotes**: LME aluminum rose slightly, and SHFE aluminum was in a volatile state. The inventory and basis changed [11] - **Price Outlook**: The price is expected to oscillate due to the low inventory and weak demand [11] Zinc - **Market Quotes**: SHFE zinc index rose slightly. The inventory and basis changed [12] - **Price Outlook**: The long - term price is bearish, and short - term attention should be paid to the Fed's decision and market risks [12][13] Lead - **Market Quotes**: SHFE lead index fell slightly. The inventory and basis changed [14] - **Price Outlook**: The supply is tightening, and the price may strengthen if the smelter inspection expands [14] Nickel - **Market Quotes**: Nickel prices oscillated narrowly. The prices of nickel ore, nickel iron, and refined nickel changed [15] - **Price Outlook**: The price is expected to decline, and short positions can be held or shorted on rallies [15] Tin - **Market Quotes**: Tin prices oscillated narrowly. The inventory and price of upstream tin concentrate changed [16] - **Price Outlook**: The supply and demand are weak in the short - term, and the price is expected to oscillate weakly [16] Carbonate Lithium - **Market Quotes**: The spot index was flat, and the futures price fell. The trading limits were adjusted [18] - **Price Outlook**: The fundamentals are expected to improve, but there is high uncertainty, and speculators are advised to be cautious [18] Alumina - **Market Quotes**: The index rose, and the spot price and basis changed. The inventory increased slightly [19] - **Price Outlook**: The over - capacity pattern may remain, and short - term waiting and watching are recommended [19] Stainless Steel - **Market Quotes**: The futures price was flat, and the spot price and basis changed. The inventory decreased [20] - **Price Outlook**: The price may be affected by supply and demand, and attention should be paid to terminal demand [20] Casting Aluminum Alloy - **Market Quotes**: The futures price rose slightly, and the spot price was flat. The inventory increased slightly [21] - **Price Outlook**: The price is under pressure due to the weak supply and demand in the off - season [21] Black Building Materials Steel - **Market Quotes**: The prices of rebar and hot - rolled coil fell. The inventory and basis changed [23] - **Price Outlook**: The overall fundamentals are weak, and attention should be paid to terminal demand and cost support [24] Iron Ore - **Market Quotes**: The futures price fell, and the spot price and basis changed [25] - **Price Outlook**: The short - term price may be adjusted, and risk control is needed [26] Glass and Soda Ash - **Glass**: The spot price was flat. The inventory decreased. The price is expected to oscillate in the short - term [27] - **Soda Ash**: The spot price was stable. The inventory decreased. The price is expected to oscillate in the short - term [28] Manganese Silicon and Ferrosilicon - **Market Quotes**: The prices of manganese silicon and ferrosilicon fell. The spot price and basis changed [29] - **Price Outlook**: The short - term price fluctuates greatly, and speculation is not recommended. The long - term fundamentals are bearish [30][31] Industrial Silicon - **Market Quotes**: The futures price fell. The spot price and basis changed [33] - **Price Outlook**: The price is expected to oscillate with high volatility, and waiting and watching are recommended [34] Energy and Chemicals Rubber - **Market Quotes**: NR and RU prices fell. The supply concern decreased [37] - **Price Outlook**: The price is expected to oscillate downward, and short - term waiting and watching are recommended [39] Crude Oil - **Market Quotes**: WTI and Brent crude oil rose, while INE crude oil fell. The inventory data changed [40] - **Price Outlook**: The price has upward momentum in the short - term but is limited by the off - season demand [41] Methanol - **Market Quotes**: The futures price fell, and the spot price rose. The basis changed [42] - **Price Outlook**: The supply may increase and demand may weaken, and waiting and watching are recommended [42] Urea - **Market Quotes**: The futures price fell, and the spot price was flat. The basis changed [43] - **Price Outlook**: The supply and demand are weak, and long positions can be considered on dips [43] Styrene - **Market Quotes**: The spot and futures prices rose, and the basis strengthened [44] - **Price Outlook**: The price may rise with the cost after the inventory is reduced [44] PVC - **Market Quotes**: The futures price rose, and the spot price and basis changed [46] - **Price Outlook**: The supply is strong and demand is weak, and the price may fall back [46] Ethylene Glycol - **Market Quotes**: The futures price rose, and the spot price and basis changed [47] - **Price Outlook**: The fundamentals may turn weak, and the price may decline [47] PTA - **Market Quotes**: The futures price rose, and the spot price and basis changed [48] - **Price Outlook**: The supply may increase and inventory may accumulate, and long positions can be considered on dips [50] p - Xylene - **Market Quotes**: The futures price rose, and the spot price and basis changed [51] - **Price Outlook**: The price may go down with inventory, and long positions can be considered on dips [51] Polyethylene PE - **Market Quotes**: The futures price rose [52] - **Price Outlook**: The price may be affected by cost and supply, and short positions can be held [52] Polypropylene PP - **Market Quotes**: The futures price fell [53] - **Price Outlook**: The price may follow the crude oil trend in July [53] Agricultural Products Live Pigs - **Market Quotes**: The pig price was stable with local fluctuations [57] - **Price Outlook**: The price may rise slightly today. Attention should be paid to the spread opportunities [57] Eggs - **Market Quotes**: The egg price was stable [58] - **Price Outlook**: The short - term price may oscillate, and short positions can be considered after the rebound [58] Soybean and Rapeseed Meal - **Market Quotes**: The US soybean price fell, and the domestic soybean meal price rose slightly [59] - **Price Outlook**: The soybean import cost may be affected by trade relations, and long positions can be considered on dips [60][61] Oils - **Market Quotes**: The domestic palm oil oscillated, and the net long positions of three major oils changed [62] - **Price Outlook**: The price is expected to oscillate, and there may be an upward trend in the fourth quarter [63] Sugar - **Market Quotes**: The Zhengzhou sugar futures price fell [64] - **Price Outlook**: The supply may increase, and the price may continue to decline [65] Cotton - **Market Quotes**: The Zhengzhou cotton futures price fell [66] - **Price Outlook**: The price is bearish in the short - term due to the weak consumption and unresolved trade issues [66]

Market Overview - The three major indices showed mixed performance, with the component sector leading the gains. As of the opening today, the Shanghai Composite Index reported 3604.70 points, down 0.30%; the Shenzhen Component Index reported 11208.46 points, up 0.05%; and the ChiNext Index reported 2382.97 points, up 0.65% [1] Policy and Economic Developments - The Political Bureau of the Central Committee of the Communist Party of China decided to hold the Fourth Plenary Session of the 20th Central Committee in October, emphasizing the need for macro policies to continue to exert force and enhance the attractiveness and inclusiveness of the domestic capital market [2] - The Ministry of Commerce expressed that China welcomes investments from foreign enterprises, including U.S. companies, to share development opportunities [2] Corporate Announcements - Ningde Times reported a net profit of 30.5 billion yuan for the first half of the year, a year-on-year increase of 33.02%, and proposed a cash dividend of 10.07 yuan per 10 shares [4] - Vanke A announced that the Shenzhen Metro Group would provide a loan of up to 869 million yuan to the company [4] - Long River Power announced plans to invest approximately 26.6 billion yuan in the construction of the Gezhouba shipping capacity expansion project [4] - Yonghui Supermarket plans to raise no more than 3.992 billion yuan through a private placement for store upgrades [4] Market Trends and Analysis - Financial analysts believe that despite recent fluctuations in the A-share market, the overall upward trend remains unchanged, with active trading and a market turnover exceeding 1.8 trillion yuan [8] - The "anti-involution" policy is expected to alleviate the "increased income without increased profit" dilemma, supporting a recovery in A-share performance [8]

Core Viewpoint - The company, China Shipbuilding Industry Corporation Emergency Warning and Rescue Equipment Co., Ltd. (300527), has been notified of administrative penalties due to accounting errors in its 2022 annual report, leading to overstated financial figures [1][3]. Financial Misstatements - The company overstated its 2022 operating revenue by 31.3724 million yuan, which is 1.86% of the total operating revenue for that year [3]. - The operating costs were overstated by 18.3909 million yuan, accounting for 1.40% of the total operating costs [3]. - The total profit was overstated by 7.1403 million yuan, representing 36.64% of the disclosed profit for 2022 [3]. Responsibility and Penalties - The former chairman, general manager, and chief accountant were identified as directly responsible for the information disclosure violations [4]. - The proposed penalties include a fine of 4 million yuan for the company and a total of 1.9 million yuan for the three responsible individuals [5][6]. Stock Trading Impact - The company's stock will be subject to additional risk warnings, changing its name to "ST Emergency" starting August 1, 2025, while the stock code remains the same [5]. - The stock will be suspended for one day on July 31, 2025, and the daily price fluctuation limit will remain at 20% [5]. Shareholding Structure - The company is controlled by the state-owned China Shipbuilding Industry Corporation, which holds a 44.11% stake, with the actual controller being the State-owned Assets Supervision and Administration Commission of the State Council [7]. Recent Financial Performance - The company reported a net profit attributable to shareholders of only 8.64 million yuan for 2024, following revenues of 1.65812 billion yuan in 2022, 603.11 million yuan in 2023, and 1.16106 billion yuan in 2024 [8].

Focus Events - The 20th Central Committee's Fourth Plenary Session will be held in October in Beijing, focusing on the report of work and the formulation of the 15th Five-Year Plan for national economic and social development [1] Macro News - The average interest rate for newly issued commercial housing loans in Q2 2025 is 3.09% [18] - The Ministry of Agriculture and Rural Affairs is guiding the orderly elimination of low-yield dairy cows and enhancing support for large-scale breeding enterprises [18] Company Focus - Feilong Co., Ltd. is expanding into the robotics industry, collaborating with several vehicle manufacturers on product development [20] - Yonghui Supermarket plans to raise up to 3.992 billion yuan through a private placement for store upgrades and logistics improvements [21] - WuXi AppTec is issuing new H-shares at a price of 104.27 HKD per share, aiming to raise approximately 7.7 billion HKD [23] - China Shipbuilding Emergency Response received a warning and a fine of 4 million yuan for information disclosure violations, with its stock being marked as ST [25] - Hongxiang Co., Ltd.'s actual controller has been released on bail [27] - A stock of Upwind New Materials has been suspended for review after a 1083.42% increase in price over 16 trading days [29] - CATL reported a net profit of 30.5 billion yuan for the first half of 2025, a 33% year-on-year increase [31] - XGIMI expects a 2062.33% increase in net profit for the first half of 2025 [33] - Zhiwei Intelligent reported a net profit of 102 million yuan for the first half of 2025, an 80.08% increase [34] - Jinhai Biological reported a net profit of 138 million yuan for the first half of 2025, a 51.52% increase [34] - Lideman is planning to acquire control of Xiansheng Xiangrui [36] - San Chao New Materials is planning a change in control, with stock suspension starting July 31 [36] - Digital Certification will change its controlling shareholder to Beijing Data Group [37] - Jin Orange is planning to acquire 55% of Samit [37] - Taotao Vehicle announced a strategic cooperation agreement with Yushu Technology for market expansion in robotics [38] - China State Construction recently secured 9 major projects totaling 28.33 billion yuan [40] - Yangtze Power plans to invest approximately 26.6 billion yuan in the Gezhouba shipping capacity expansion project [42] - Changying Precision has established partnerships with several leading humanoid robot brands [44]

Group 1 - The Central Committee of the Communist Party of China will hold its fourth plenary session in October, emphasizing the need for macro policies to continue and enhance efforts to boost consumption and strengthen the domestic capital market [1] - The Ministry of Commerce of China expressed welcome for foreign investment, including from U.S. companies, to share development opportunities [2] - The National Development and Reform Commission has allocated a budget of 90 billion yuan for childcare subsidies, with applications opening in late August [3] Group 2 - The Hubei humanoid robot fund has launched with an initial investment of 5 billion yuan, focusing on the development of robotics technology [6] - The China Coking Industry Association has called for an increase in coke prices, with specific price adjustments announced for various types of coke effective July 31 [7] - The Dalian Commodity Exchange has adjusted trading limits for certain contracts related to industrial silicon and lithium carbonate [8] Group 3 - CATL reported a net profit of 30.5 billion yuan for the first half of the year, a year-on-year increase of 33.02%, and announced a cash dividend of 10.07 yuan per share [9] - Vanke A announced a loan of up to 869 million yuan from Shenzhen Metro Group [10] - Long River Power plans to invest approximately 26.6 billion yuan in the Gezhouba shipping capacity expansion project [10] Group 4 - Lide Man plans to acquire up to 70% of a tuberculosis diagnostic screening company, which is expected to constitute a major asset restructuring [11] - Dongxin Co. announced ongoing product optimization for its chip products, which have not yet generated revenue [12] - The stock of Hehua Co. is suspended due to plans for a change in control [13] Group 5 - The Federal Reserve maintained its target range for the federal funds rate at 4.25% to 4.50%, marking the fifth consecutive decision to keep rates unchanged [15] - The U.S. government announced a 50% tariff on imported semi-finished copper products effective August 1 [18] - The U.S. stock market showed mixed results, with the Dow Jones down 0.38% and the Nasdaq up 0.15% [21] Group 6 - Microsoft reported fourth-quarter revenue of $76.44 billion, a year-on-year increase of 18%, exceeding expectations [22] - Qualcomm's third-quarter adjusted revenue was $10.37 billion, a 10% increase year-on-year, with adjusted net income rising by 25% [23]

10:00 中国贸促会召开7月例行新闻发布会 15:00 商务部召开7月第4次例行新闻发布会 【财经日历】 09:30 中国7月官方制造业PMI 20:30 美国截至7月26日当周初请失业金人数 | | 盘前必读 | 外盘怎么样 // | | --- | --- | --- | | 3 | | | | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 道琼斯工业指数 | 44461.28 | -171.71 | -0.38% | | 纳斯达克指数 | 21129.67 c | 31.38 | 0.15% | | 标普500 | 6362.90 | -7.96 | -0.12% | 机构认为，央行超预期货币宽松，公开市场持续投放流动性，或带动A股中期走强。 美股三大指数收盘涨跌不一，道指跌0.38%，纳指涨0.15%，标普500指数跌0.12%。 热门科技股涨跌不一，英伟达涨超2%，博通涨超1%，苹果跌超1%。 纳斯达克中国金龙指数收跌1.82%，热门中概股多数下跌，蔚来、新东方跌超4%，理想汽车跌超3%，拼多多、小鹏汽车跌超2%，阿里巴巴、京东跌超1%。 美国第 ...

债券代码：123048 债券简称：应急转债 中国船舶重工集团应急预警与救援装备股份有限公司 关于公司股票交易将被实施其他风险警示 暨股票及可转债停复牌的提示性公告 证券代码：300527 证券简称：中船应急 公告编号：2025-050 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： （以下简称"公司"）及相关当事人收到中国证券监督管理委员会（以下简称"中 国证监会"）湖北监管局下发的《行政处罚事先告知书》（鄂处罚字〔2025〕7 号），根据《深圳证券交易所创业板股票上市规则》第 9.4 条第（七）项规定， 公司股票将被实施其他风险警示，但不触及《深圳证券交易所创业板股票上市规 则》第十章第五节规定的重大违法强制退市的情形。 称：应急转债，债券代码：123048）自 2025 年 7 月 31 日（星期四）开市起停牌 根据《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》 第三十五条规定："上市公司股票停复牌的，其可转债同时停复牌并暂停或者恢 复转股"。因此，"应急转债"于 2025 年 7 月 31 日（星期四）暂停转股，于 由"中 ...

证券代码：300527 证券简称：中船应急 公告编号：2025-049 债券代码：123048 债券简称：应急转债 中国船舶重工集团应急预警与救援装备股份有限公司 关于收到中国证券监督管理委员会湖北监管局 《行政处罚事先告知书》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。 中国船舶重工集团应急预警与救援装备股份有限公司（以下简称"公司"） 于 2024 年 10 月 18 日收到中国证券监督管理委员会（以下简称"中国证监会"） 下发的《立案告知书》（编号：证监立案字 0052024006 号）。因涉嫌信息披露 违法违规，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法 律法规，中国证监会决定对公司立案。具体内容详见公司披露于巨潮资讯网上的 《关于收到中国证券监督管理委员会〈立案告知书〉的公告》（公告编号： 政处罚事先告知书》（鄂处罚字〔2025〕7 号），现将相关情况公告如下： 一、《行政处罚事先告知书》的主要内容 "中国船舶重工集团应急预警与救援装备股份有限公司、唐勇、王小丰、李 应昌: 中国船舶重工集团应急预警与救援装备股份有限公司( ...

Group 1 - Lideman is planning a major asset restructuring by acquiring up to 70% of Beijing Xiansheng Xiangrui Biological Products Co., Ltd. This acquisition will grant Lideman control over the target company, which will become a subsidiary [1][2] - The target company specializes in in vitro diagnostic reagents and human vaccines, with products primarily used for tuberculosis screening, diagnosis, treatment, and innovative vaccine development. The acquisition will enhance Lideman's IVD business segment and overall competitiveness [2] Group 2 - Hehua Co. and Sanchao New Materials are planning control changes, leading to a suspension of their stocks starting July 31, 2025, for up to two trading days [3] - Changjiang Electric Power has approved an investment of approximately 26.6 billion yuan for the construction of the Gezhouba shipping capacity expansion project, with funding sourced from its own funds [4] Group 3 - Contemporary Amperex Technology Co., Ltd. (CATL) reported a 7.27% increase in revenue to 178.886 billion yuan and a 33.33% increase in net profit to 30.485 billion yuan for the first half of 2025. The company plans to distribute a cash dividend of 10.07 yuan per 10 shares [5] - Dingtong Technology reported a 73.51% increase in revenue to 0.785 billion yuan and a 134.06% increase in net profit to 0.115 billion yuan for the first half of 2025 [6] - XGIMI Technology expects a net profit of 88.662 million yuan for the first half of 2025, a significant increase of 2062.33% compared to the previous year [7] Group 4 - Jinchengzi is planning to acquire 55% of Changchun Samit Optoelectronics Technology Co., Ltd. through a combination of stock issuance and cash payment, with the stock suspension starting July 31, 2025, for up to 10 trading days [8] - Digital Certification is undergoing a change in its controlling shareholder due to the establishment of Beijing Data Group, which will involve the transfer of shares from its current controlling shareholder [9][10]