Core Viewpoint - Luoyang Bearing Group Co., Ltd. (referred to as "Luoyang Bearings") has received acceptance for its IPO on the ChiNext board, aiming to raise 1.8 billion yuan for various development projects and debt repayment [1][2]. Financial Performance - Luoyang Bearings has shown a continuous increase in profitability, with projected revenues of 3.342 billion yuan, 4.441 billion yuan, 4.675 billion yuan, and 2.821 billion yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [1]. - The net profit attributable to shareholders is expected to be -67.329 million yuan, 231 million yuan, 251 million yuan, and 257 million yuan for the same periods, indicating a trend of growth [1]. IPO Fund Utilization - The IPO proceeds of 1.8 billion yuan will primarily be allocated to the development and application of high-speed train bogie bearings, intelligent production construction for new energy bearings, precision bearing industry upgrades, and the industrialization of high-end precision small turntable bearings, as well as repaying bank loans [1]. Competitive Positioning - The implementation of the proposed projects is expected to enhance the company's competitive capabilities and sustainable development, solidifying its advantages in major equipment bearings and new energy vehicle bearings [2]. - The company aims to support potential market expansions in high-speed train bearings, high-end CNC machine tool bearings, and robot bearings through improved R&D, production capacity, and financial resources [2].

截至午间收盘，创业板成长指数下跌0.7%，创业板指数下跌0.9%，创业板中盘200指数下跌1.2%。 华泰证券表示，展望后市，12月有望迎来基本面预期及宏观流动性改善、政策及产业主题催化以及筹码压力消化的先后落地，春季躁动或提前启动。成长方 向关注航空装备以及AI链相关的储能、电网及电源设备。 注1:"该指数"指各上述基金产品具体跟踪的指数。数据来自Wind,指数涨跌幅截至2025年12月2日: 净利润,该估值指标和企业盈利紧密相关,适用于盈利相对稳定且受周期影响较小的行业。估值分位打 发布日至2025年12月1日。创业板指数2010年6月1日发布,创业板中盘200指数2023年11月15日发布, ft 注2:银行、互联网平台等相关销售机构提供可场外投资的ETF联接基金。 注3: 低费率产品,其管理费率0.15%/年,托管费率0.05%/年。 注4:基金有风险,投资须谨慎,详阅基金法律文件及交易所、结算公司等相关业务规则。 反映创业板市场中盘代表性公 司的整体表现,信息技术行业 占比超40% 创业板成长ETF易方达 跟踪创业板成长指数 该指数由创业板中成长风格突 出、业绩增长较高、预期盈利 较好、流动性好的5 ...

人民财讯12月2日电，创业板指数跌幅扩大至1%，有色金属、电池等方向跌幅居前。 ...

Market Overview - The three major A-share indices collectively adjusted in the morning session, with the Shanghai Composite Index down 0.55% to 3892.55 points, the Shenzhen Component Index down 0.77%, and the ChiNext Index down 0.88% [1][2] - The total trading volume in the Shanghai and Shenzhen markets reached 1.056 trillion yuan, a decrease of 180.7 billion yuan compared to the previous day [1][2] - Over 3900 stocks in the market experienced declines, indicating a broad market downturn [1] Sector Performance - The pharmaceutical retail sector and the Fujian region saw gains despite the overall market decline [1] - Conversely, sectors such as non-ferrous metals, CRO concepts, and battery-related stocks faced losses [1]

Market Overview - The market experienced a downturn in early trading, with all three major indices declining. The Shanghai Composite Index fell by 0.55%, the Shenzhen Component Index dropped by 0.77%, and the ChiNext Index decreased by 0.88%. Nearly 4,000 stocks in the market saw declines [1][2]. Sector Performance - The Fujian sector continued to perform strongly, with Hai Xin Food achieving five consecutive trading limit-ups and Pingtan Development recording two limit-ups in three days [1]. - The commercial aerospace concept showed active performance, with Aerospace Development achieving nine limit-ups in thirteen days and Tongyu Communication recording four consecutive limit-ups [1]. - The AI mobile phone concept also saw localized strength, with Da Ming Optical achieving four consecutive limit-ups [1]. Declining Sectors - The battery sector experienced fluctuations and declines, with Shida Shenghua dropping nearly 7% [2]. - The non-ferrous metals sector showed weak performance, with Huaxi Nonferrous Metals also declining by nearly 7% [2]. Trading Volume - The total trading volume in the Shanghai and Shenzhen markets reached 1.05 trillion yuan, a decrease of 179.6 billion yuan compared to the previous trading day [2]. Notable Stocks - Zhongji Xuchuang had the highest trading volume, exceeding 16 billion yuan, followed by Industrial Fulian and Xinyi Sheng with significant trading volumes as well [2][3]. - Notable stock performances included: - Aerospace Development up by 10.03% to 16.35 yuan [3] - Saiwei Electronics surged by 14.40% to 57.99 yuan [3] - Industrial Fulian increased by 2.51% to 61.31 yuan [3]

南方财经12月2日电，市场早盘震荡走弱，三大指数集体下挫。沪深两市半日成交额1.05万亿，较上个 交易日缩量1796亿。全市场近4000只个股下跌。从板块来看，福建板块持续走强，海欣食品5连板，平 潭发展3天2板。商业航天概念表现活跃，航天发展13天9板，通宇通讯4连板。AI手机概念局部走强， 道明光学4连板。下跌方面，电池板块震荡下跌，石大胜华跌近7%。有色金属板块表现较弱，华锡有色 跌近7%。板块方面，医药商业、福建、海南等板块涨幅居前，电池、有色金属、影视院线等板块跌幅 居前。截至收盘，沪指跌0.55%，深成指跌0.77%，创业板指跌0.88%。 A股午评：创业板指跌近1% 福建板块逆势走强 2025-12-02 11:35 南方财经12月2日电，市场早盘震荡走弱，三大指数集体下挫。沪深两市半日成交额1.05万亿，较上个 交易日缩量1796亿。全市场近4000只个股下跌。从板块来看，福建板块持续走强，海欣食品5连板，平 潭发展3天2板。商业航天概念表现活跃，航天发展13天9板，通宇通讯4连板。AI手机概念局部走强， 道明光学4连板。下跌方面，电池板块震荡下跌，石大胜华跌近7%。有色金属板块表现较弱，华锡 ...

Group 1 - The overseas computing power industry chain remains highly prosperous, with continuous reflection of AI-related demand in company financial reports, indicating stronger resonance in the industry chain fundamentals [1] - In China, the ongoing development of domestic computing power and continuous investment in AI by major companies like Alibaba and ByteDance are expected to sustain high prosperity in the AI industry and the AIDC industry chain, with 2025 anticipated to be a pivotal year for domestic AI infrastructure competition and application results [1] - Key areas to watch include optical modules & devices and liquid cooling, with silicon photonics technology emerging as the most popular optical technology, leading to rapid growth in sales of optical modules and accelerated development of CPO [1] Group 2 - The ChiNext AI ETF (159388) tracks the ChiNext AI Index (970070), which has a daily fluctuation of 20%, selecting listed companies involved in AI technology and related applications from the ChiNext market, covering various segments from hardware manufacturing to software development, reflecting the overall performance of AI-related listed companies in the ChiNext market with notable technological innovation and growth characteristics [1]

使命偏离风险 大量研究表明，在传统商业世界中，女性创业者比男性更难获得资金支持。由于根深蒂固的性别偏见， 女性创业者不仅需要证明项目的创新性和市场前景，还要展现出自己在激烈的市场竞争中脱颖而出的能 力。然而，当商业模式发生转变，社会影响与商业盈利并重，这一局面也许会随之改变。这项新研究发 现，在以创造社会价值为核心目标的社会创业领域，女性创始人拥有明显优势。人们普遍认为女性创业 者更具助人动机，因此更可能坚持初衷，践行企业的社会使命，不会因为扩张野心和经济利益放弃社会 责任。这一发现打破了传统性别角色与领导力之间的假设，为评估创业潜力与人才管理提供了新的视 角。 近年来，社会创业（social entrepreneur-ship）项目如雨后春笋般涌现。据估计，全球已有约1000万个混 合型社会企业，创造了2万亿美元的收入和2亿个就业岗位。不同于仅依赖捐助的传统慈善机构，社会创 业企业致力于通过市场化的方式解决贫困、教育资源不均、环境污染等社会问题，在实现商业可持续发 展的同时兼顾社会价值。 一个经典案例是美国企业家布莱克·麦考斯基（Blake Mycoskie）于2006年创办的TOMS鞋业。布莱克在 阿根廷 ...

Market Overview - The market experienced a downturn on December 2, with all three major indices declining collectively [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.05 trillion, a decrease of 179.6 billion compared to the previous trading day [1] - Nearly 4,000 stocks in the market saw declines, with the Shanghai Composite Index down by 0.55%, the Shenzhen Component Index down by 0.77%, and the ChiNext Index down by 0.88% [1] Sector Performance - The pharmaceutical retail, Fujian, and Hainan sectors showed the strongest gains, while the battery, non-ferrous metals, and film exhibition sectors experienced the largest declines [1] - The Fujian sector continued to perform well, with Hai Xin Food achieving five consecutive trading limit-ups and Pingtan Development achieving two limit-ups in three days [1] - The commercial aerospace concept stocks were active, with Aerospace Development achieving nine limit-ups in thirteen days and Tongyu Communication achieving four consecutive limit-ups [1] - The AI mobile phone concept saw localized strength, with Daoming Optics achieving four consecutive limit-ups [1] - In contrast, the battery sector faced fluctuations, with Shida Shenghua dropping over 7%, and the non-ferrous metals sector also performed poorly, with Huaxi Nonferrous Metals declining nearly 7% [1] Trading Statistics - The limit-up rate was recorded at 67.00%, with 34 stocks hitting the limit and 17 stocks touching the limit [3] - The performance of stocks that hit the limit yesterday showed a gain of 1.65% today [3] - The opening rate was 61%, indicating a significant level of trading activity [3]

近日，谷歌发布了新一代Gemini大模型，其各方面性能表现优异，引发市场对TPU产业链的关注，也验 证了AI算力投入的有效性，AI板块顺势反弹，其中，科创创业AI指数凭借85.07%的年内涨幅成为市场 关注的焦点。而对于这只备受关注的指数，各大机构也在加紧布局，近日，景顺长城中证科创创业人工 智能ETF（以下简称科创创业人工智能ETF景顺；代码159142）在内的首批跟踪科创创业AI指数的ETF 近日，谷歌发布了新一代Gemini大模型，其各方面性能表现优异，引发市场对TPU产业链的关注，也验 证了AI算力投入的有效性，AI板块顺势反弹，其中，科创创业AI指数凭借85.07%的年内涨幅成为市场 关注的焦点。而对于这只备受关注的指数，各大机构也在加紧布局，近日，景顺长城中证科创创业人工 智能ETF（以下简称科创创业人工智能ETF景顺；代码159142）在内的首批跟踪科创创业AI指数的ETF 正式发行，有望成为投资者全面捕捉人工智能产业链发展机遇的重要工具。（数据来源：Wind，截至 2025/11/27） 横跨科创板和创业板、并聚焦AI全产业链龙头是该指数的独特优势。由于定位不同，科创板和创业板 各有所长，科创 ...