Market Overview - On August 21, the digital media sector experienced a slight decline of 0.06%, with Chuanwang Media leading the drop [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Stock Performance - Notable stock performances in the digital media sector included: - Xinhua Net (603888) closed at 20.30, up 1.05% with a trading volume of 132,300 shares and a turnover of 268 million yuan - Shining Star (002095) closed at 22.46, up 0.85% with a trading volume of 230,300 shares and a turnover of 521 million yuan - People's Daily (603000) closed at 21.74, up 0.74% with a trading volume of 187,900 shares and a turnover of 407 million yuan - Chuanwang Media (300987) closed at 19.49, down 1.22% with a trading volume of 78,100 shares and a turnover of 154 million yuan [1][2] Capital Flow - The digital media sector saw a net outflow of 120 million yuan from institutional investors, while retail investors contributed a net inflow of 113 million yuan [2] - The capital flow for specific stocks included: - People's Daily (603000) had a net inflow of 19.66 million yuan from institutional investors, while retail investors had a net outflow of 10.59 million yuan [3] - Xinhua Net (603888) experienced a net inflow of 16.98 million yuan from institutional investors, with a net outflow of 4.36 million yuan from retail investors [3] - Chuanwang Media (300987) had a net outflow of 18.30 million yuan from institutional investors, while retail investors had a net inflow of 9.26 million yuan [3]

Group 1 - The company held its 16th meeting of the 3rd Board of Directors on August 18, 2025, with all 6 directors present, including independent directors attending via communication [2] - The Board approved a proposal to authorize the management to initiate the preparation for issuing H-shares overseas and listing on the Hong Kong Stock Exchange, with a unanimous vote of 6 in favor [2] - The decision aims to enhance the company's global strategy, improve its international brand image, and strengthen its core competitiveness [2] Group 2 - The meeting was convened in compliance with relevant laws, regulations, and the company's articles of association, ensuring its legality and validity [2] - Further details regarding the H-share issuance and listing preparation can be found in the company's announcement on the Giant Tide Information Network [3] - The Board's resolution and other required documents will be kept on file as per Shenzhen Stock Exchange requirements [4]

Group 1 - The core viewpoint of the news is that Shandong Zhaochuang Information Co., Ltd. is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global brand influence and market presence [1][4] - The company announced on August 19 that it has approved the proposal to start preparations for the H-share issuance during its board meeting on August 18 [1] - The company is focused on establishing a benchmark for commodity prices and aims to deepen its paid information and data service model while adhering to a neutral principle and leveraging technological trends [5] Group 2 - In 2024, the company achieved approximately 294 million yuan in operating revenue, representing a year-on-year increase of 3.83%, and a net profit attributable to shareholders of approximately 70.51 million yuan, reflecting a year-on-year growth of 35.43% [5] - In the first quarter of 2025, the company reported approximately 79.51 million yuan in operating revenue, a year-on-year increase of 5.32%, but a net profit attributable to shareholders of approximately 18.59 million yuan, which is a year-on-year decrease of 25.09% [5] - As of August 20, the company's A-shares fell by 0.26%, trading at 66.49 yuan per share, with a total market capitalization of 4.01 billion yuan [6]

【导语】2025年前三季度，猪业上下游产品皆呈现缓跌的走势，其中生猪及白条猪肉价格跌幅有限，冻品猪肉受价格优势削弱带来的需求低迷影响，价格跌幅尤为明显，部分产品甚至处于有价 从图1看到，2025年1-8月，国内生猪及白条猪肉价格跌后窄幅震荡运行，冻品二号肉价格震荡下降，其中国产冻品二号肉价格跌幅大于进口二号肉。据卓创资讯统计，截至2025年8月19日，1 导致前三季度生猪与白条猪肉价格低位运行的主要原因在于供应的充裕以及需求的不及预期。经过2024年上游能繁母猪的持续扩产，至2025年适重猪源增多；在居民饮食结构调整、主力消费人 但冻品猪肉与生猪及鲜品猪肉价格走势有一定差距。从图2看到，国产冻品二号肉价格跌幅最为明显，这主要源于国产鲜品猪肉价格较低，冻品的价格优势不断削弱，下游经销商、餐饮等群体提 后期来看，预计四季度生猪及白条猪肉价格仍或低位运行。供应方面，从图3看到，至2025年7月，国内能繁母猪存栏量已升至偏高水平，根据生猪的生长周期推算，至四季度国内生猪供应充裕 冻品方面，预计四季度国产及进口冻品二号肉价格仍有下降风险。供应方面，从图4、图5看到，前三季度猪肉及猪副进口量相对平稳，屠宰企业库容率缓升， ...

Group 1 - Tenglong Co., Ltd. has small batch products indirectly applied in data center/server liquid cooling and energy storage liquid cooling fields [1] - Fuyao Glass reported a 37.33% year-on-year increase in net profit for the first half of 2025, reaching 4.805 billion yuan [2] - Huihong Group plans to dispose of certain financial assets, including stocks of Hongye Futures, Zhongtai Securities, and Shengyi Technology, to optimize asset structure [3] Group 2 - Zhongheng Electric clarified that it has not signed cooperation agreements with overseas cloud companies like NVIDIA, Meta, and Google [4] - Kosen Technology announced it does not produce robot products, despite recent stock price fluctuations [5] - Garden Shares stated it does not have a controlling relationship with Yunzhin Technology [6] Group 3 - Yiling Pharmaceutical's new drug application for "Children's Lianhua Qinggan Granules" has been accepted by the National Medical Products Administration [7] - Zhuochuang Information plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange [8] - Lianhuan Pharmaceutical's new oral solution production line has passed GMP compliance inspection [9] Group 4 - Xianda Co., Ltd. reported a 2561.58% year-on-year increase in net profit for the first half of 2025, reaching 136 million yuan [10] - Jiangte Motor announced that its subsidiary Yichun Silver Lithium will resume production soon [11] - Dameng Data's board member and general manager is under investigation [12] Group 5 - Dongjie Intelligent is planning a change in control, leading to a suspension of its stock and convertible bonds [13] - Gibit reported a 24.50% year-on-year increase in net profit for the first half of 2025, amounting to 645 million yuan [14] - Wuzhou Special Paper's net profit decreased by 47.57% year-on-year to 122 million yuan [15] Group 6 - Harbin Air Conditioning reported a loss of 7.64 million yuan for the first half of 2025, reversing from profit [16] - Tibet Tourism achieved a net profit of 2.09 million yuan, turning around from a loss of 2.58 million yuan in the previous year [17]

证券日报网讯 8月19日晚间，卓创资讯发布公告称，公司第三届董事会第十六次会议审议通过了《关于 授权公司管理层启动境外发行股份（H股）并在香港联合交易所有限公司上市相关筹备工作的议案》。 （文章来源：证券日报） ...

金融界消息 截至2025年8月19日收盘，卓创资讯（301299）报收于66.66元，下跌0.7%，换手率5.54%， 成交量1.97万手，成交金额1.31亿元。 通过天眼查大数据分析，山东卓创资讯股份有限公司共对外投资了7家企业，参与招投标项目336次，知 识产权方面有商标信息62条，专利信息7条，此外企业还拥有行政许可10个。 卓创资讯最新一期业绩显示，截至2025一季报，公司营业总收入7951.24万元、同比增长5.32%，归属净 利润1858.78万元，同比减少25.09%，扣非净利润1698.52万元，同比减少23.09%，流动比率1.182、速动 比率1.182、资产负债率39.34%。 来源：金融界 天眼查商业履历信息显示，山东卓创资讯股份有限公司，成立于2004年，位于淄博市，是一家以从事互 联网和相关服务为主的企业。企业注册资本6038.056万人民币，实缴资本4500万人民币。公司法定代表 人为叶秋菊。 资金流向方面，今日主力资金净流出1311.32万元，占比成交额9.97%。其中，超大单净流入254.38万 元、占成交额1.93%，大单净流出1565.70万元、占成交额11.91%，中单 ...

Group 1: Company Announcements - Tenglong Co., Ltd. has small batch products indirectly applied in data center/server liquid cooling and energy storage liquid cooling, with sales and development revenue of approximately 0.8 million yuan for electronic water pump products and 0.97 million yuan for hose products, which have a small impact on the company's financial statements [1] - Fuyao Glass reported a net profit of 4.805 billion yuan for the first half of 2025, a year-on-year increase of 37.33%, with total revenue of 21.447 billion yuan, up 16.94% [2] - Huihong Group plans to dispose of certain financial assets, including shares in Hongye Futures and Zhongtai Securities, to optimize asset structure and improve operational efficiency [3] Group 2: Market Reactions and Clarifications - Zhongheng Electric clarified that it has not signed any cooperation agreements with overseas cloud service providers like Nvidia, Meta, or Google, despite recent rumors [4] - Kosen Technology stated that it does not manufacture robot products, addressing media misclassification as a robotics company [5] - Garden Shares confirmed that it does not have a controlling relationship with Yunzhin Technology, holding only a 15% stake, and that the latter is still in the early stages of technology transformation [6] Group 3: New Product Developments - Yiling Pharmaceutical's new drug application for "Children's Lianhua Qinggan Granules" has been accepted by the National Medical Products Administration, aimed at treating acute respiratory infections in children [7] - Zhuochuang Information plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange, with details yet to be finalized [9] - Lianhuan Pharmaceutical's new oral solution production line has passed the GMP compliance inspection, with an investment of approximately 7.5 million yuan [10] Group 4: Financial Performance - Xianda Co., Ltd. reported a net profit of 136 million yuan for the first half of 2025, a year-on-year increase of 2561.58%, driven by significant price increases in its main product [11] - Jibite achieved a net profit of 645 million yuan, up 24.50% year-on-year, with a proposed cash dividend of 6.6 yuan per 10 shares [15] - Wuzhou Special Paper reported a net profit of 122 million yuan, down 47.57% year-on-year, affected by market supply and demand [16]

卓创资讯（301299）(301299.SZ)公告，公司拟境外发行股份(H股)并申请在中国香港联交所主板挂牌上 市。为推进上述事项，董事会同意授权公司管理层启动本次发行H股并上市的前期筹备工作。公司计划 与相关中介机构就本次发行H股并上市的具体推进工作进行商讨，关于本次发行H股并上市的细节尚未 确定。 ...

智通财经APP讯，卓创资讯(301299.SZ)公告，公司拟境外发行股份(H股)并申请在中国香港联交所主板 挂牌上市。为推进上述事项，董事会同意授权公司管理层启动本次发行H股并上市的前期筹备工作。公 司计划与相关中介机构就本次发行H股并上市的具体推进工作进行商讨，关于本次发行H股并上市的细 节尚未确定。 ...