银河证券每日晨报-20250709

Group 1: Rongtai Health (603579) - Rongtai is a leader in the massage chair market, focusing on smart health and rehabilitation robots to meet the needs of an aging population in China, which is expected to drive demand due to increased purchasing power among retirees [2][4] - The company is integrating AI and embodied intelligence technologies to innovate its massage chairs and develop rehabilitation robots, with strategic partnerships established with Aoyite Technology and Zhiyuan Innovation to advance smart health applications [4][5] - In 2024, Rongtai will collaborate with Faurecia to develop a smart cockpit comfort system, and by 2025, it aims to launch a first-generation rehabilitation robot with a single mechanical arm, showcasing its commitment to innovation in the smart health sector [5][4] Group 2: Miaokelando (600882.SH) - Miaokelando is the leading company in China's cheese industry, transitioning into a dual-driven development phase focusing on both consumer (C-end) and business (B-end) markets, following a period of explosive growth and subsequent adjustment [8][9] - The domestic cheese market is poised for accelerated growth, with Miaokelando expected to benefit from this trend, as the industry is still in its infancy with significant growth potential compared to mature markets like Japan [8][9] - The company has enhanced its B-end business capabilities through the acquisition of Mengniu's cheese operations, which is anticipated to improve product offerings and operational synergies [9][10] Group 3: Steel Industry - The steel sector has seen a 5.06% increase in its index, indicating a recovery as the central government emphasizes the need for supply-side reforms and the orderly exit of outdated production capacity [24][26] - Recent policy changes aim to eliminate low-price competition and improve product quality, which is expected to benefit leading steel companies as the supply-demand balance improves [26][27] - Steel prices have shown signs of recovery, with rebar prices averaging 3,231.60 CNY/ton, reflecting a 0.97% increase, and iron ore prices also experiencing slight upward movement [25][26]