北交所市场点评：短期震荡不改中期向好逻辑，把握调整机遇布局中线标的

Investment Rating - The report suggests a "neutral" investment rating for the industry, indicating that the expected fluctuation in the next 6-12 months will be within -10% to 10% of the market benchmark index [42]. Core Insights - The report highlights that despite short-term fluctuations, the medium-term outlook remains positive, suggesting that investors should seize opportunities during market adjustments to position themselves for long-term gains [3][6]. - On June 10, 2025, the North Exchange A-shares recorded a trading volume of 36.26 billion yuan, an increase of 9.83 billion yuan from the previous trading day, with the index closing down by 1.0% [3][6]. - The report notes significant individual stock performance, with 87 out of 266 companies rising, while 178 declined. The top gainers included Huaxi Technology (30.0%) and Guohang Ocean (29.9%), while the largest losers included Luqiao Information (-12.9%) and Qifeng Precision (-8.0%) [3][25][27]. Summary by Sections Market Review - The North Exchange A-shares saw a trading volume of 36.26 billion yuan, with a turnover rate of 7.1%, leading among various sectors [13][21]. - The report indicates that the North Exchange 50 index closed at 1,427.93 points, down by 1.0% [6][22]. Important News - The National Development and Reform Commission held a meeting on June 10, 2025, to gather opinions from private technology enterprises regarding the "14th Five-Year Plan," emphasizing the importance of innovation and support for private enterprises [28]. - The Central Committee and the State Council issued opinions to deepen reforms in Shenzhen, promoting innovation and opening up, which is expected to enhance the region's role in the Greater Bay Area [30][32]. Key Company Announcements - Knight Dairy announced the lifting of restrictions on 32,691,485 shares, accounting for 15.64% of its total share capital, effective June 13, 2025 [35]. - Lijia Technology disclosed plans for a major shareholder to reduce holdings by 1,727,856 shares, representing 2% of the total share capital [36].