万和证券：万和财富早班车-20250122

Group 1: Macro Economic Updates - The National Artificial Intelligence Industry Investment Fund has been established with a capital of 60.06 billion, focusing on private equity investment, investment management, and asset management activities [5] - The first domestically produced large drone, Hongyan (HY100), weighing 5.25 tons and capable of carrying 1.9 tons, has successfully achieved mass production in Xinjiang, with three units delivered to customers [5] Group 2: Industry Dynamics - The blood dialysis industry is experiencing favorable policies, attracting attention to the supply chain, with related stocks including Shanhaishan (688410) and Sanxin Medical (300453) [7] - The establishment of a public data resource pricing mechanism is expected to accelerate industry development, with related stocks including Yihualu (300212) and Yunsai Zhili (600602) [7] - The National Medical Security Administration has released a Class B drug list, impacting stocks such as WuXi AppTec (603259) and Rongchang Bio (688331) [7] Group 3: Company Focus - Shenglong Co., Ltd. (603178) has signed a product development agreement with Fuyao Glass, becoming the exclusive supplier for its axle drive motor assembly and controller [9] - Shenzhen Airport (000089) has entered into a strategic cooperation agreement with Zhongji Saiyu Certification Inspection and Shenzhen Low-altitude Industry Development Service [9] - Jinpu Landscaping (301098) has signed a contract worth approximately 413 million for the general contracting of infrastructure projects in the historical cultural town of Xian'an [9] Group 4: Market Review and Outlook - On January 21, the total trading volume in the two markets reached 1.2052 trillion, with 1,898 stocks rising and 3,084 stocks falling, an increase of 22.3 billion compared to the previous day [11] - The three major indices opened slightly higher but experienced a downward trend, with small-cap stocks underperforming compared to large-cap stocks [11] - Market hotspots included humanoid robots, semiconductors, and gaming sectors, while solar energy and oil and gas sectors saw declines [11] - The market is expected to maintain a stock-based trading environment due to limited liquidity before the holiday, with a strong resistance level near the 20-day moving average for the Shanghai Composite Index [12]