Market Overview - The total trading volume in the Shanghai and Shenzhen markets reached 1.66 trillion yuan, a decrease of 155.7 billion yuan compared to the previous trading day [1][6] - The A-share indices showed mixed performance, with the Shanghai Composite Index rising by 0.16%, while the Shenzhen Component Index and the ChiNext Index fell by 1.29% and 2.17%, respectively [1][2] Sector Performance - The consumer sector showed strength, particularly in retail, which led the gains [2] - Aerospace stocks experienced significant activity, with several stocks hitting the daily limit up, including Shengyang Technology, Tianjian Technology, and Shenjian Co., among others [2][3] - The lithium battery sector saw a decline, with notable drops in stocks such as Huasheng Lithium and Haike New Source [4][5] Capital Flow - Main capital inflows were observed in the aerospace, banking, and pharmaceutical sectors, while there were outflows from consumer electronics, securities, and semiconductors [8] - Specific stocks that attracted net inflows included Kaimete Gas, Zhaoyi Innovation, and China Satellite, with inflows of 770 million yuan, 723 million yuan, and 667 million yuan, respectively [8] - Conversely, stocks like Industrial Fulian, Ningde Times, and Yingweike faced significant sell-offs, with outflows of 2.443 billion yuan, 1.360 billion yuan, and 1.203 billion yuan, respectively [8] Institutional Insights - CICC suggests that the recent market pullback may provide a good opportunity for positioning ahead of the market trends expected in the first half of 2026 [10] - Huashan Securities notes that historically, January following a significant A-share rise tends to exhibit high volatility, indicating that the initiation of a spring rally remains to be observed [10] - Everbright Securities anticipates that the index will continue to exhibit a range-bound oscillation pattern [10]

Market Overview - A-shares showed mixed performance on December 18, with the Shanghai Composite Index rising by 0.16% to 3876.37 points, while the Shenzhen Component Index fell by 1.29% to 13053.97 points, and the ChiNext Index dropped by 2.17% to 3107.06 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.66 trillion, with nearly 2900 stocks rising [1] Sector Performance Banking Sector - Bank stocks experienced a broad increase, with Shanghai Bank and Chongqing Rural Commercial Bank rising over 3% [1] Retail Sector - Retail concepts showed strength, with Central Plaza and Shanghai Jiubai hitting the daily limit [1] Commercial Aerospace - The commercial aerospace sector was active, with multiple stocks including Shengyang Technology and Shunhao Co. hitting the daily limit [1][2] Pharmaceutical Sector - The pharmaceutical sector continued to perform well, with stocks like Luyan Pharmaceutical and Zhongyao Holdings hitting the daily limit [1][3] Consumer Sector - The consumer sector, including retail, apparel, and food and beverage, led the gains, with stocks like Baida Group achieving six consecutive limits [1][4] Institutional Insights Economic Policy Outlook - Everbright Securities anticipates a favorable cross-year market for A-shares, supported by ongoing domestic economic policies and historical performance trends [5] - Huaxi Securities suggests focusing on the consumer sector as technology rotation slows down, with an emphasis on the high-low cut logic [6] - Bank of China Securities views A-shares as being in a "bull market continuation" phase, highlighting the importance of technology and anti-involution themes for future investment [7]

Market Overview - The Shanghai Composite Index rose by 0.16% while the Shenzhen Component Index fell by 1.29% and the ChiNext Index decreased by 2.17% [1] - The total market turnover was 1,672.2 billion yuan, a decrease of 162.1 billion yuan compared to the previous day [1] Sector Performance - The healthcare and commercial aerospace sectors were active, with the healthcare sector showing strength [2] - Huaren Health (301408) hit the daily limit up of 20%, while other stocks like Luyan Pharmaceutical (002788) and Zhongyao Holdings (000950) also reached the daily limit [2] - The commercial aerospace sector performed strongly, with stocks like Tianyin Electromechanical (300342) and Aerospace Huanyu rising over 10%, and others like Shunhao Co. (002565) and Shenjian Co. (002361) hitting the daily limit [2] - The PCB sector experienced a correction, with stocks such as Huitian Co. (002463) and Shengyi Technology (600183) dropping over 5%, and Dongshan Precision (002384) falling over 6% [2] - The battery sector also saw a decline, with Huasheng Lithium Battery dropping over 10%, and Haike New Energy (301292) and Tianhua New Energy (300390) falling over 5% [2]

证券日报网讯12月17日晚间，海科新源（301292）发布公告称，因立信会计师事务所内部工作调整，现 变更指派张辉策担任项目合伙人、刘建担任签字注册会计师，李璟作为质量控制复核人，负责公司2025 年度财务报表及内控审计，变更不影响年度审计工作。 ...

证券日报网讯 12月17日晚间，海科新源（301292）发布公告称，公司控股股东海科控股拟无偿为公司 向中信银行东营分行及上海歆华融资租赁各申请不超过12000万元综合授信提供连带责任保证担保，年 初至披露日公司已累计接受该关联方担保40000万元（不含本次），公司不存在逾期担保。 ...

（文章来源：证券日报） 证券日报网讯 12月17日，海科新源发布公告称，公司第二届董事会第二十三次会议审议通过《关于公 司接受关联方担保暨关联交易的议案》。 ...

Market Overview - As of December 17, the Shanghai Composite Index closed at 3870.28 points, up by 45.47 points, representing a 1.19% increase [1] - The Shenzhen Component Index closed at 13224.51 points, up by 309.85 points, with a 2.40% increase [1] - The ChiNext Index closed at 3175.91 points, up by 104.15 points, reflecting a 3.39% increase [1] Stock Performance - A total of 75 A-shares had a turnover rate exceeding 20%, indicating significant trading activity [1] - Notable stocks with high turnover rates include: - C Mu Xi-U (688802) with a turnover rate of 84.72% and a price increase of 692.95% [1] - Dapeng Industrial (920091) with a turnover rate of 62.64% but a price decrease of 8.51% [1] - Hualing Cable (001208) with a turnover rate of 58.77% and a price increase of 5.21% [1] - Jingchuang Electric (920035) with a turnover rate of 57.92% and a price increase of 3.08% [1] - Sanyangma (001317) with a turnover rate of 55.05% and a price increase of 10.00% [1] Additional Notable Stocks - Other stocks with significant turnover rates include: - Huaren Health (301408) at 47.99% with a price increase of 13.11% [1] - Xue Ren Group (002639) at 46.68% with a price increase of 2.72% [1] - Tongyu Communications (002792) at 44.27% with a price decrease of 10.00% [1] - Farsen (000890) at 43.71% with a price increase of 1.27% [1] - The data indicates a mix of both rising and falling stocks among those with high trading volumes, reflecting varied investor sentiment [1]

证券代码：301292 证券简称：海科新源 公告编号：2025-076 山东海科新源材料科技股份有限公司 关于公司接受关联方担保暨关联交易的公告 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、概述 山东海科新源材料科技股份有限公司（以下简称"公司" 或"海科新源"）于 2025 年 12 月 17 日召开了第二届董事 会第二十三次会议、第二届董事会审计委员会 2025 年第六 次会议，审议通过了《关于公司接受关联方担保暨关联交易 的议案》。 为了满足公司经营和发展的资金需求，公司拟向中信银 行 股 份 有 限 公 司 东 营 分 行 申 请 最 高 额 不 超 过 人 民 币 12,000.00 万元的综合授信；同时拟向上海歆华融资租赁有 限公司申请最高额不超过人民币 12,000.00 万元的综合授信。 二、关联方基本情况 山东海科控股有限公司 企业性质：有限责任公司（自然人投资或控股的法人独 资） 法定代表人：杨晓宏 注册资本：25,500 万元 注册地址：东营区北一路 726 号 11 号楼 1106 室 成立日期：2014 年 3 月 10 日 ...

证券代码：301292 证券简称：海科新源 公告编号：2025-077 山东海科新源材料科技股份有限公司 第二届董事会第二十三次会议决议公告 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 山东海科新源材料科技股份有限公司第二届董事会第 二十三次会议于2025年12月17日在公司会议室以现场结合 通讯方式召开，经全体董事一致同意，豁免本次会议通知期 限。会议应出席董事9人，实际出席的董事为9人，分别为杨 晓宏、张在忠、崔志强、马立军、吴雷雷、尉彬彬、王爱东、 孙新华、肖振宇，其中王爱东、孙新华、肖振宇以通讯方式 出席会议。出席会议人数符合《中华人民共和国公司法》和 《山东海科新源材料科技股份有限公司公司章程》（以下简 称"《公司章程》"）规定。本次会议由公司董事长杨晓宏 主持。 本次董事会的召开符合《中华人民共和国公司法》和《公 司章程》的规定，会议决议合法、有效。 公司控股股东海科控股为公司融资提供担保，公司接受 关联方无偿提供担保构成关联交易。该等关联交易有利于保 证公司业务发展所需的资金需求，符合上市公司利益，不会 对公司的财务状 ...

证券代码：301292 证券简称：海科新源 公告编号：2025-078 山东海科新源材料科技股份有限公司 关于变更签字注册会计师的公告 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。 山东海科新源材料科技股份有限公司（以下简称"公司" 或"海科新源"）于 2025 年 4 月 23 日召开了第二届董事会 第十七次会议，于 2025 年 5 月 15 日召开了 2024 年年度股 东会，审议通过了《关于续聘立信会计师事务所（特殊普通 合伙）担任公司 2025 年度审计机构的议案》，同意继续聘 请立信会计师事务所（特殊普通合伙）（以下简称"立信"） 为公司 2025 年度审计机构。具体内容详见公司于 2025 年 4 月 24 日在巨潮资讯网（www.cninfo.com.cn）披露的《关于 续聘 2025 年度审计机构的公告》。近日，公司收到立信出 具的《关于变更签字注册会计师的函》，具体内容如下： | | | 注册会 | | 开始从事 上市 | 开始 在 | 开始为 贵公 司 | | | --- | --- | --- | --- | --- | --- | ...