证券代码：600186 证券简称：莲花控股 公告编号：2025-099 莲花控股股份有限公司 关于控股孙公司签订采购合同的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 经第九届董事会第三十六次会议审议通过，莲花控股股份有限公司（以 下简称"公司"）控股孙公司浙江莲花紫星智算科技有限公司（以下简称"莲花 紫星"）与 EⅫ公司签署《产品销售合同》（以下简称"本合同"）。经双方确 认，EⅫ公司向莲花紫星提供 4,000 块加速卡产品及服务，合同总价为人民币 2 亿元。 风险提示： 1、 根据合同约定，本合同第一期货款为合同总金额的 60%，公司已支付第 一期货款 1.2 亿元，截至目前产品尚未交付。本合同在履行过程中，存在法律、 法规、政策、技术、市场等方面不确定性或风险，若合同无法正常履行，存在大 额预付款无法收回的风险。敬请广大投资者注意投资风险。 2、 截至本公告披露日，公司未签订相关算力租赁合同，此次采购产品能否 实现对外租赁存在不确定性。敬请广大投资者注意投资风险。 3、 莲花紫星若取消订单、中止履 ...

Core Viewpoint - Lianhua Holdings has signed a product sales contract with EⅫ Company for the provision of 4,000 accelerator cards, totaling 200 million yuan, aimed at enhancing the market competitiveness of its subsidiary, Lianhua Zixing [1] Group 1 - Lianhua Holdings announced that its subsidiary, Lianhua Zixing, will receive 4,000 accelerator cards and services from EⅫ Company [1] - The total contract value is 200 million yuan, with the first payment amounting to 60% of the total, which is 120 million yuan [1] - As of now, the products have not yet been delivered [1]

Core Viewpoint - Lianhua Holdings (600186.SH) announced that its subsidiary, Lianhua Zixing, has signed a product sales contract with EⅫ Company, indicating a significant business transaction in the technology sector [1] Group 1: Contract Details - EⅫ Company will provide 4,000 acceleration cards to Lianhua Zixing, with a unit price of RMB 50,000 [1] - The total contract value amounts to RMB 200 million, highlighting a substantial revenue opportunity for Lianhua Zixing [1]

Core Viewpoint - Lianhua Holdings has signed a product sales contract with EⅫ Company for the purchase of 4,000 accelerator cards, totaling 200 million yuan, aimed at enhancing the market competitiveness of its subsidiary, Lianhua Zixing Intelligent Computing Technology [1] Group 1 - Lianhua Holdings' subsidiary, Zhejiang Lianhua Zixing Intelligent Computing Technology, will receive 4,000 accelerator cards and services from EⅫ Company [1] - The total contract value for the accelerator cards and services is 200 million yuan [1] - The acquisition of these products is intended to bolster the intelligent computing business of Lianhua Zixing [1]

Core Viewpoint - Lianhua Holdings (600186.SH) announced that its subsidiary, Lianhua Zixing, has signed a product sales contract with EⅫ Company for the supply of 4,000 accelerator cards at a unit price of 50,000 RMB, totaling 200 million RMB [1] Group 1 - The contract involves the provision of 4,000 accelerator card products and services [1] - The unit price for each accelerator card is set at 50,000 RMB [1] - The total value of the contract amounts to 200 million RMB [1]

Core Insights - The food and beverage industry experienced a slight decline of 0.02% on December 16, with a net inflow of funds amounting to 302 million yuan [1] - Among the 124 stocks in the industry, 58 stocks rose, with 3 hitting the daily limit up, while 60 stocks fell, including 2 hitting the daily limit down [1] - The top net inflow stocks included Hei Zhima with 317 million yuan, followed by Anji Food and Huangshi Group with 309 million yuan and 65.43 million yuan respectively [1] Fund Inflow Summary - The top inflow stocks in the food and beverage sector included: - Hei Zhima: 10.05% increase, 10.83% turnover rate, 316.64 million yuan net inflow [1] - Anji Food: 10.01% increase, 23.87% turnover rate, 308.90 million yuan net inflow [1] - Huangshi Group: 10.10% increase, 6.79% turnover rate, 65.43 million yuan net inflow [1] Fund Outflow Summary - The top outflow stocks in the food and beverage sector included: - Bei Yin Mei: 1.41% decrease, 9.93% turnover rate, 50.93 million yuan net outflow [2] - Lianhua Holdings: 0.34% increase, 9.57% turnover rate, 43.76 million yuan net outflow [2] - Jinzi Ham: 4.16% decrease, 3.73% turnover rate, 34.25 million yuan net outflow [2]

Core Insights - The food and beverage ETF Tianhong (159736) has seen significant trading activity, with a total transaction volume of 26.84 million yuan as of December 15, 2025, and a 0.87% increase in the tracked CSI Food and Beverage Index [1] - The agricultural ETF Tianhong (512620) recorded a turnover of 6.55% and a transaction volume of 21.58 million yuan, with the CSI Agricultural Theme Index rising by 0.67% [1] Group 1: Food and Beverage Sector - The food and beverage ETF Tianhong (159736) has experienced a net inflow of funds for four consecutive days, totaling 42.82 million yuan, with a peak single-day inflow of 19.36 million yuan [1][2] - Key stocks in the food and beverage ETF include leading brands in high-end and mid-range liquor, as well as beverages, dairy, and condiments, with top ten weighted stocks including Moutai, Wuliangye, and Yili [2] - The performance of constituent stocks such as Huanlejia (300997) and Yiyuan Health (605388) has been notable, with increases of 19.98% and 10.04% respectively [1] Group 2: Agricultural Sector - The agricultural ETF Tianhong (512620) has also seen a net inflow of 42.82 million yuan over the past five trading days, indicating strong investor interest [2] - The agricultural ETF tracks the CSI Agricultural Index, selecting 50 stocks with a focus on livestock (41.9%) and agricultural chemicals (17.7%), featuring leading companies like Muyuan and Haida [2] - The agricultural sector is diversifying its portfolio to mitigate cyclical risks, showcasing a strategic approach to investment [2] Group 3: Market Trends and Insights - A recent article emphasizes the importance of expanding domestic demand as a strategic move for economic stability and security, highlighting the need for sustained economic growth [4] - Research breakthroughs in barley seed dormancy mechanisms may provide new pathways for sustainable agricultural systems, addressing future food security challenges [5] - Analysts from China Galaxy Securities note a slight pullback in the food and beverage index due to seasonal sales fluctuations, but maintain a positive outlook for new consumption trends and potential recovery in traditional consumption [6]

Group 1: Market Performance - The food and beverage sector showed resilience on December 15, with the Food ETF (515710) experiencing a high-level fluctuation, ultimately closing up by 0.68% despite market challenges [1][8] - Notable gains were observed in the liquor segment, with stocks like Lianhua Holdings hitting the daily limit, and others such as Jiu Gui Jiu, Jin Hui Jiu, and Shui Jing Fang rising over 2% [1][8] Group 2: Policy Impact - A joint notification from the Ministry of Commerce, the People's Bank of China, and the Financial Regulatory Authority was issued on December 14, aimed at boosting consumption through various measures [3][10] - The notification emphasizes the implementation of consumption enhancement actions and the removal of unreasonable restrictions in the consumption sector, which is expected to positively impact the large consumption sector's performance and valuation recovery [3][10] Group 3: Liquor Pricing Trends - Recent meetings among Moutai distributors discussed strategies for 2026, focusing on core products like Moutai 1935 and Flying Moutai, which has led to a noticeable recovery in Flying Moutai's wholesale prices [4][11] - Analysts suggest that the current pricing trends indicate a stabilization, with optimistic sales forecasts for the upcoming Spring Festival due to inherent demand for liquor [4][11] Group 4: Investment Opportunities - The food and beverage sector is currently viewed as being at a historical low in terms of valuation, presenting a potential opportunity for left-side positioning [4][12] - The Food ETF (515710) is highlighted as a key investment vehicle, with approximately 60% of its portfolio allocated to leading high-end and mid-range liquor stocks, and nearly 40% to other beverage and dairy segments [5][13]

12月15日，A股三大指数集体回调，消费板块逆势上涨。其中，商业百货与食品饮料板块逆市掀涨停 潮，欢乐家涨幅达19.98%，红旗连锁、中央商场、百大集团、新世界、广百股份、美凯龙、皇氏集 团、均瑶健康、莲花控股、孚日股份、南侨食品、中粮糖业、阳光乳业等实现涨停。 在消费供给端，《通知》明确要创新多元化消费场景、助力消费帮扶。具体举措包括结合县域商业提质 增效和农村电商高质量发展，探索开发专属贷款产品；鼓励金融机构主动融入城乡消费新场景、新热 点，拓宽线上渠道，强化线下服务，积极打造场景化的金融服务品牌；鼓励开展推荐信贷项目等定点帮 扶合作，加大金融机构对定点帮扶县"融资+融智"支持等。 在提振消费的进程中，政策持续发力。另据新华社报道，12月8日召开的中共中央政治局会议明确了 2026年经济工作"稳中求进、提质增效"的总基调，在部署的八项"坚持"中，"坚持内需主导，建设强大 国内市场"位居首位。会议提出要继续实施更加积极的财政政策和适度宽松的货币政策，增强政策前瞻 性针对性协同性，推动经济实现质的有效提升和量的合理增长。 消息面上，12月14日，商务部、中国人民银行、国家金融监管总局联合印发《关于加强商务和金 ...

莲花控股(600186)今日涨停，全天换手率8.97%，成交额9.09亿元，振幅10.46%。龙虎榜数据显示，沪 股通净买入5981.36万元，营业部席位合计净买入8048.13万元。 上交所公开信息显示，当日该股因日涨幅偏离值达10.59%上榜，沪股通净买入5981.36万元。 莲花控股12月15日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 沪股通专用 | 8250.98 | | | 买二 | 国泰海通证券股份有限公司总部 | 4347.95 | | | 买三 | 华鑫证券有限责任公司上海茅台路证券营业部 | 2477.28 | | | 买四 | 爱建证券有限责任公司海南澄迈分公司 | 1993.99 | | | 买五 | 高盛(中国)证券有限责任公司上海浦东新区世纪大道证券 | 1933.13 | | | | 营业部 | | | | 卖一 | 沪股通专用 | | 2269.62 | | 卖二 | 平安证券股份有限公司上海临港新片区分公司 | | 909.66 | | ...