Group 1: Company Overview - The company specializes in the research, production, and sales of hydraulic pipeline systems, with key products including hard pipe assemblies, soft pipe assemblies, fire extinguishing systems, pipe joints, and oil tanks [3] - Hydraulic pipelines are essential components in various machinery manufacturing sectors, including construction, mining, port, agricultural, logistics, metallurgy, and wind power equipment, as well as emerging fields like new energy vehicles and semiconductor equipment [3][4] - The company has established a strong customer base, including industry leaders such as SANY, Zoomlion, Jiangxi Copper, State Power, and Schwing [3] Group 2: Market Segmentation - The company's product applications are divided into two main markets: the front-mounted market and the post-mining maintenance market [3] - The front-mounted market includes clients like SANY and Zoomlion, with a steady recovery in the construction machinery market and accelerated overseas exports [4] - The post-mining maintenance market benefits from the company's first-mover advantage and a commitment to 24-hour close service, with established service points in major domestic mines [4] Group 3: Future Development Plans - The company aims to focus on two major markets: the front-mounted market and the post-mining maintenance market, with plans to explore sectors like metallurgy and shipbuilding, as well as new areas such as new energy vehicle pipeline systems and liquid cooling [5] - The international mining market is a key focus, with the company expanding its overseas service points in countries like Suriname, Serbia, Mongolia, and Namibia [5][7] Group 4: Mining Maintenance Business - The company has over 20 years of experience in the post-mining maintenance market, establishing stable partnerships with companies like Jiangxi Copper, State Power, and China Coal [6] - Continuous growth in fixed asset investment in the mining industry has led to an increasing demand for maintenance and repair services, providing a solid foundation for the post-mining market [6] Group 5: International Business Expansion - Since the end of 2024, the company has partnered with large mining enterprises like Zijin Mining and China General Nuclear Power, establishing overseas subsidiaries for maintenance services [7] - The number of overseas service points is continuously increasing, contributing to the gradual growth of the business scale [7] Group 6: AI Liquid Cooling Development - The company has developed products for the liquid cooling market, leveraging its existing pipeline system advantages in cleanliness, sealing, and pressure resistance [7] - The demand for pipeline systems in the liquid cooling market is expected to grow with the acceleration of data center construction [7]

Group 1 - The core point of the news is that Fushite has seen a significant stock price increase, rising 2.44% to 38.62 CNY per share, with a total market capitalization of 4.016 billion CNY and a cumulative increase of 22.1% over the past nine days [1] - Fushite specializes in the research, production, and sales of hydraulic pipeline systems, with its main revenue sources being hard pipe assemblies (60.79%), vehicle fire extinguishing systems (19.19%), fuel tank assemblies (17.86%), and others (2.15%) [1] - The stock has a trading volume of 1.24 million CNY and a turnover rate of 10.21% [1] Group 2 - Changcheng Fund's Changcheng Anxin Return Mixed A (200007) has entered Fushite's top ten circulating shareholders, holding 639,700 shares, which is 2.01% of the circulating shares [2] - The fund has generated a floating profit of approximately 588,500 CNY today and a total of 4.4712 million CNY during the nine-day price increase [2][3] - The fund manager, Han Lin, has a tenure of 9 years and 258 days, with a best fund return of 160.8% during his management period [2]

Group 1 - The engineering machinery sector increased by 0.72% on January 7, with Shaoyang Hydraulic leading the gains at 20.01% [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] - Key stocks in the engineering machinery sector showed significant price movements, with Shaoyang Hydraulic closing at 41.33 and a trading volume of 340,600 shares, resulting in a transaction value of 1.284 billion yuan [1] Group 2 - The engineering machinery sector experienced a net inflow of 251 million yuan from main funds, while retail investors saw a net outflow of 165 million yuan [2] - Major stocks like Shaoyang Hydraulic had a net inflow of 25.2 million yuan from main funds, indicating strong institutional interest [3] - Conversely, stocks like LiuGong and Zhonglian Heavy Industry faced declines of 3.24% and 2.27%, respectively, reflecting a mixed performance within the sector [2][3]

Important Matters - Chengjian Development has achieved a three-day stock increase and holds 18.91 million shares of Century Space, making it the fourth largest shareholder [1] - Lens Technology is a strategic investor in Strong Brain Technology and has exclusively undertaken the mass production of core hardware [1] - Shiyun Circuit is collaborating with brain-machine clients to advance the development of new material numbers [1] - Xinyada has indirectly held shares in Zhongke Aerospace through Xi'an Qingchuan [1] - Chipone Technology has completed the acquisition of Zhudian Semiconductor [1] - Suoling Co., Ltd. has seen a three-day stock increase, with its controlling shareholder's concerted action partner, Tanghe Holdings, successfully bidding for 37.5 million shares of the company [1] - iFlytek's robot super brain platform has achieved multiple technological breakthroughs in multi-modal noise reduction and has formed extensive collaborations with Yushu and Zhiyuan [1] Investment Operations - ZTE Corporation has conducted NTN technology trials and achieved breakthroughs, providing comprehensive satellite payload products [1] - Chaojie Co., Ltd. expects rapid growth in revenue from commercial aerospace-related businesses by 2026 [1] - Xinyi Chang plans to launch its second-generation wheeled robot before the 2026 Spring Festival, with three robot products expected to enter mass production in the second half of 2026 [1] - Zhejiang Xiantong is collaborating with Haohai Starry Sky and Qiteng Robotics, with robots expected to roll off the production line by the end of March [1] - Fengzhushou is placing significant emphasis on opportunities in commercial aerospace and aviation internet development, clearly positioning it as a fourth growth curve [1] - Chaoying Electronics has adjusted the investment amount for its AI computing high-end printed circuit board expansion project from 1.468 billion to 3.315 billion yuan [1] Contracts and Collaborations - Guoji Jinggong is focusing on new business areas, particularly in commercial aerospace bearings and humanoid robot bearings [1] - iFlytek's robot super brain platform has achieved multiple technological breakthroughs and has formed extensive collaborations with Yushu and Zhiyuan [1] - Desay SV Automotive has established strategic partnerships with several well-known robotics companies [1] - Tuobang Co., Ltd. has deepened cooperation with UBTECH in related business areas [1] - Fushite has signed a strategic cooperation agreement with Jiangxi Copper [1] - Robotech's subsidiary ficonTEC has signed a full automatic OCS packaging line order with a Swiss client [1] - Times New Materials has signed a sales contract for wind turbine blades worth approximately 3.32 billion yuan [1]

Report Industry Investment Ratings - No information provided in the given content Core Views - The global geopolitical risk is potentially rising due to Trump's consideration of using force to seize Greenland, leading to short - term volatility in the US dollar index [1][15] - Gold prices continue to rise, and there is an increased willingness to go long on commodities. However, there are risks of short - term market fluctuations and precious metal corrections [2][12][13] - A - shares are extremely strong at the beginning of the year, and the market has entered a bullish phase. It is recommended to hold long positions in the short term [3][22][23] - The steel market is expected to continue its range - bound pattern in the short term due to insufficient accumulation of contradictions [4][29][30] - The overall market sentiment for lithium carbonate is more sensitive to bullish information, and the price is expected to remain strong, but caution is needed when chasing long positions [5][46][47] - Oil prices have fallen, with a decline in US API crude oil inventory but a significant increase in gasoline and diesel inventories [6][58][59] Summary by Directory 1. Financial News and Comments 1.1 Macro Strategy (Gold) - Trump and his team are discussing plans to acquire Greenland, and Fed official Milan expects data to support further interest rate cuts [11][12] - Gold prices continue to rise, and there is increased enthusiasm for short - term market speculation. The probability of a January interest rate cut is low, and attention should be paid to the next Fed chair selection and the adjustment of the Bloomberg commodity index weights [12] - It is recommended to be aware of the risk of precious metal corrections in the short term and consider going long on the gold - silver ratio [13] 1.2 Macro Strategy (Foreign Exchange Futures - US Dollar Index) - The US will support Ukraine if it is attacked by Russia again, and Trump warns of potential impeachment if he loses the mid - term elections. Trump is considering using the military to seize Greenland [14][15] - The global geopolitical risk is potentially rising, and the US dollar index will fluctuate in the short term [15] - It is expected that the US dollar will fluctuate in the short term [16] 1.3 Macro Strategy (US Stock Index Futures) - Trump's government is discussing plans to acquire Greenland, and there are differences among Fed officials regarding future interest rate cuts [17][18][19] - Short - term geopolitical risks remain, and the market reaction is limited. Future Fed decisions will mainly depend on data trends [19] - It is expected that the US stock market will fluctuate strongly, and a bullish approach should be maintained [20] 1.4 Macro Strategy (Stock Index Futures) - The central bank will continue to implement a moderately loose monetary policy, and A - shares are extremely strong at the beginning of the year [21][22] - The market has entered a bullish phase, and trading volume is the key indicator. It is recommended to hold long positions in the short term [22][23] 1.5 Macro Strategy (Treasury Bond Futures) - The central bank carried out a 162 - billion - yuan 7 - day reverse repurchase operation, resulting in a net withdrawal of 2963 billion yuan on the day [25] - The bond market is in a headwind situation, and it is recommended not to bet on oversold rebounds. Short - selling opportunities can be considered if there is a rebound [26][27] 2. Commodity News and Comments 2.1 Black Metal (Rebar/Hot - Rolled Coil) - Handan lifted the emergency response to heavy pollution weather [28] - Steel prices are expected to continue their range - bound pattern in the short term due to insufficient accumulation of contradictions and potential pressure on finished product inventories [29] - A range - bound approach is recommended for steel prices in the short term [30] 2.2 Black Metal (Steam Coal) - The price of steam coal in the northern port market was stable with a slight upward trend on January 6 [31] - Short - term coal prices are expected to continue their weak and volatile pattern, and attention should be paid to daily consumption and pre - holiday start - up changes [31] 2.3 Black Metal (Iron Ore) - Fenix Resources' quarterly iron ore shipments reached a new high [31] - The iron ore price is expected to have strong short - term support but limited upside [32] 2.4 Agricultural Products (Soybean Oil/Rapeseed Oil/Palm Oil) - Malaysia's palm oil exports increased by 31.12% from January 1 - 5, while production decreased by 34.48% [33][34] - There are preliminary signs of supply pressure relief, but there is still high uncertainty. It is recommended to lightly position long on the 05 contract in advance and add positions gradually after clear bullish signals [34] 2.5 Agricultural Products (Sugar) - Sugar production data from different regions in China shows a mixed picture, with overall weak demand [35][36][37] - The Zhengzhou sugar futures main contract is expected to be range - bound. Attention should be paid to the start of pre - holiday stocking demand and sugar mill production and sales progress [38] 2.6 Non - Ferrous Metal (Lead) - On January 5, the LME 0 - 3 lead was at a discount of $45.52 per ton [39] - Lead prices are expected to maintain a volatile and slightly bullish pattern, and it is recommended to wait and see both for single - side and arbitrage strategies [39][40] 2.7 Non - Ferrous Metal (Zinc) - On January 5, the LME 0 - 3 zinc was at a discount of $36.3 per ton, and Vedanta's fourth - quarter zinc concentrate production increased by 8% year - on - year [41] - Zinc prices are expected to maintain a volatile and slightly bullish pattern in the short term. It is recommended to be cautious when chasing long positions and to take partial profits on previous long positions [43][44] 2.8 Non - Ferrous Metal (Lithium Carbonate) - The first batch of price negotiations for lithium iron phosphate in the new year has landed [45] - The lithium carbonate price is expected to remain strong, but caution is needed when chasing long positions [46][47] 2.9 Non - Ferrous Metal (Copper) - Ukraine will ban the export of metal scrap starting from 2026, and Codelco's 2025 copper production increased slightly [48][49] - Macro factors support copper price increases, but short - term fundamentals are weakening. It is recommended to buy on dips for single - side trading and wait and see for arbitrage [50][51] 2.10 Non - Ferrous Metal (Nickel) - Indonesian mining companies can produce 25% of their 2026 planned output in Q1 [52] - It is recommended to pay attention to buying opportunities on dips for single - side trading and continue to hold previously recommended option strategies [54][55] 2.11 Non - Ferrous Metal (Tin) - On January 5, the LME 0 - 3 tin was at a discount of $30.01 per ton [56] - The supply of tin ore remains tight, and demand is weak. Attention should be paid to supply recovery and demand improvement, and beware of price drops due to the fading of capital enthusiasm [57][58] 2.12 Energy Chemical (Crude Oil) - US API crude oil inventory decreased, but refined product inventories increased significantly [58] - Attention should be paid to geopolitical risk disturbances [60] 2.13 Energy Chemical (Carbon Emissions) - On January 6, the CEA closing price was 74.63 yuan per ton [61] - The CEA price is expected to remain volatile [62]

Core Viewpoint - The strategic cooperation agreement between Fushite (301446) and Jiangxi Copper (600362) aims to enhance collaboration in mining equipment maintenance and management, focusing on overseas market expansion and establishing a long-term partnership for mutual benefits [1][2] Group 1: Strategic Cooperation - Fushite and Jiangxi Copper will strengthen their cooperation in mining equipment maintenance to reduce equipment failure rates and improve production efficiency and economic benefits [1] - The agreement allows Jiangxi Copper to prioritize Fushite as a partner for domestic and international mining equipment maintenance services when external procurement is needed [1] Group 2: Brand Integration and Technology - Both companies will integrate their resource advantages to promote a "mining resources + intelligent mining equipment maintenance" platform, establishing a smart mining system that monitors equipment throughout its lifecycle [1] - The collaboration aims to achieve shared results and a win-win situation through the integration of intelligent products and operational data [1] Group 3: Overseas Market Development - The agreement emphasizes overseas market development as a key component of the strategic partnership, leveraging Jiangxi Copper's global mining resource layout and Fushite's maintenance service expertise [2] - The partnership will facilitate the sharing of overseas market information, customer resources, and project leads, enhancing both companies' competitiveness and brand influence in international markets [2] - Fushite anticipates that the agreement will strengthen its relationship with major clients and positively impact its mining equipment maintenance business and international expansion efforts [2]

Core Viewpoint - The strategic cooperation agreement signed between Fushite (301446.SZ) and Jiangxi Copper Group aims to enhance collaboration in the mining equipment maintenance sector and expand into overseas markets, fostering a long-term partnership for mutual benefits [1] Group 1: Strategic Cooperation Agreement - Fushite signed a strategic cooperation agreement with Jiangxi Copper on January 6, 2026 [1] - Jiangxi Copper possesses a full industry chain in copper and related non-ferrous metals, including exploration, mining, beneficiation, smelting, and processing [1] - The agreement focuses on various cooperation models, particularly in the maintenance and management of mining equipment [1] Group 2: Business Impact - The partnership is expected to strengthen Fushite's relationship with key clients and positively impact its mining equipment maintenance business [1] - The agreement will facilitate the deepening of equipment lifecycle monitoring and systematic maintenance management services [1] - The strategic cooperation will accelerate Fushite's international expansion efforts [1]

关于签订战略合作协议的公告 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。 特别提示： 1、本协议经双方法定代表人或授权代表签字并盖章后生效。本协议是双方开展战略合 作而签订的框架性协议，不涉及具体金额，双方后续的合作以具体签订的业务合同为准，具 体实施内容和进度上存在不确定性。 2、本协议的签订能够加强江西福事特液压股份有限公司（以下简称"公司"或"乙方"） 与客户的合作关系，对公司未来发展产生积极影响，对本年度和未来年度经营业绩的影响需 根据实际产生的交易而定。 3、最近三年披露的相关协议：公司于2023年12月28日与三一重机有限公司签订了《战 略合作框架协议》，双方希望通过建立密切、长久及融洽的战略合作伙伴关系，发挥各自优 势，提高沟通效率、降低运营成本、提高产品性能，共同促进工程机械的发展，实现"共享、 共赢、做大、做强"的目标。相关内容详见公司2023年12月29日发布于巨潮资讯网的公告， 该协议目前正常履行，近三年内公司无其他已披露的框架协议。 4、风险提示：本次签署的协议为战略合作协议，不涉及具体金额，暂时无法预计本协 议对公司当期及未来经营业 ...

Core Viewpoint - Fushite has signed a strategic cooperation agreement with Jiangxi Copper Group, aiming to establish a long-term and stable partnership in the copper and related non-ferrous metal sectors [1] Group 1: Strategic Cooperation - The agreement focuses on various cooperation models, particularly enhancing collaboration in the maintenance and servicing of mining equipment [1] - Fushite will leverage its expertise in mining equipment management to provide comprehensive lifecycle monitoring and systematic maintenance services [1] Group 2: Market Expansion - The strategic cooperation will also emphasize the development of overseas markets as a crucial component of their partnership [1] - The goal is to build a long-term and stable overseas business community, fostering a comprehensive strategic partnership for mutual benefits [1]

（记者 曾健辉） 每经AI快讯，福事特12月30日晚间发布公告称，公司第二届第十四次董事会会议于2025年12月30日在 公司会议室以现场结合通讯的方式召开。会议审议了《关于调整募集资金投资项目计划进度的议案》等 文件。 每经头条（nbdtoutiao）——2025十大财经新闻出炉！护航、酣战、变局、狂飙分别指向哪些大事件？ ...