Group 1 - The company is at risk of being delisted due to significant legal violations, as it was investigated by the China Securities Regulatory Commission (CSRC) on December 4, 2024 [1][2] - On June 13, 2025, the company received a notice from the CSRC indicating that it may face severe penalties, potentially leading to mandatory delisting under the Beijing Stock Exchange listing rules [2][3] - The company has issued multiple risk warnings regarding the potential for mandatory delisting, with the first warning issued on June 13, 2025, and subsequent warnings on June 23, June 25, and July 4, 2025 [2][3] Group 2 - The company has not planned any major restructuring activities, such as debt restructuring, asset divestiture, or strategic investments, which may indicate a lack of proactive measures to mitigate the delisting risk [1][2] - The company is committed to cooperating with the CSRC and will adhere to information disclosure obligations as required [2][3] - The Beijing Stock Exchange will make a decision regarding the termination of the company's stock listing based on legal regulations [3]

证券代码：839680 证券简称：*ST 广道 公告编号：2025-060 深圳市广道数字技术股份有限公司 关于公司股票可能被实施重大违法强制退市的第五次风险提示 二次风险提示的公告（公告号：2025-052）。 公司于 2025 年 6 月 25 日公告了公司股票可能被实施重大违法强制退市的第 三次风险提示的公告（公告号：2025-053）。 公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 特别提示：公司存在重大违法强制退市风险。深圳市广道数字技术股份有限 公司（以下简称"公司"）于 2024 年 12 月 4 日被中国证券监督管理委员会（以下 简称"中国证监会"）立案调查。公司于 2025 年 6 月 13 日收到中国证券监督管理 委员会《行政处罚事先告知书》（【2025】12 号）（以下简称"《告知书》"）， 根据《告知书》认定情况，公司可能被实施重大违法强制退市。目前公司未筹划 债务重组、业务重组、资产剥离、资产注入、股份回购、股权激励、破产重整、 重大业务合作、引进战略投资者等重大事项， ...

证券代码：839680 证券简称：*ST广道 公告编号：2025-059 深圳市广道数字技术股份有限公司 关于股票交易停牌核查结果暨复牌的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 特别提示： 二、停牌事项进展 （一）、核查情况说明 1、公司前期披露的信息不存在需要更正、补充之处。 2、未发现公共传媒报道对公司股票交易价格产生较大影响的未公开重大信 息。公司不存在其他应披露而未披露的重大事项。 3、公司于2024年12月4日晚收到中国证监会出具的《立案告知书》(证监会 立案字007202442号)，因涉嫌信息披露违法违规被立案调查。公司于2025年6月 13日收到中国证监会《行政处罚事先告知书》（【2025】12号）（以下简称"《 告知书》"），根据《告知书》认定情况，公司可能被实施重大违法强制退市。 4、公司于2025年4月29日公告的2024年年度报告被出具了无法表示意见， 公司存在财务类强制退市的可能性。 深圳市广道数字技术股份有限公司（以下简称"公司"）股票于2025年7月14 日开市 ...

Summary of Key Points Core Insights - The report highlights the listing and trading activities of various ETFs and bonds on July 10, 2025, indicating a busy market day with multiple announcements regarding suspensions and resumption of trading for various financial instruments [1][2][3][4][5][6][7][8][9]. Group 1: Listings and Trading Activities - The report mentions the listing of 127110 Guanghe Convertible Bond and 301603 Qiaofeng Intelligent on July 10, 2025, marking significant events for these financial instruments [1]. - Several ETFs, including 159209 China Merchants CSI All-Share Dividend Quality ETF and 159232 Southern CSI All-Share Free Cash Flow ETF, announced dividend distributions and were temporarily suspended from trading during specific hours on the same day [1]. - The report notes that multiple ETFs, such as 159351 Jiashi CSI A500 ETF and 159355 Huabao CSI 800 Dividend Low Volatility ETF, also experienced similar trading suspensions due to dividend announcements [1]. Group 2: Special Suspensions - The report details the special suspension of stock 000545 Jinpu Titanium Industry due to significant asset restructuring and related transactions, effective from July 1, 2025 [2]. - Other financial instruments, including various SCPs from Zhonglin Group, have been suspended since November 21, 2023, indicating ongoing issues or restructuring within those entities [2][3][4][5][6][7][8][9]. Group 3: General Market Activity - The report reflects a general trend of increased market activity with multiple announcements of trading suspensions and resumption, indicating a dynamic environment for investors [1][2][3][4][5][6][7][8][9]. - The focus on dividend announcements and asset restructuring suggests a strategic shift among companies to enhance shareholder value and manage financial health [1][2][3][4][5][6][7][8][9].

Summary of Key Points Core Insights - The report highlights significant stock suspensions and announcements related to various companies, indicating potential changes in corporate governance and financial strategies [1][2][3][4][5][6][7][8][9] Company Announcements - **华电新能 (Huadian New Energy)** is set to be listed on July 8, 2025, with the online subscription rate announced [1] - **ST特信 (ST Texin)** and **ST中利 (ST Zhongli)** have announced a one-day suspension of trading due to the publication of risk warning announcements [1] - **金浦钛业 (Jinpu Titanium Industry)** is suspended due to planning a major asset swap and related transactions [2] - **蓝黛科技 (Landai Technology)** is also suspended as it plans to change its corporate control [2] Fund Announcements - **景顺长城标普消费精选ETF (Invesco Great Wall S&P Consumer Select ETF)** and **国泰标普500ETF (Guotai S&P 500 ETF)** will be suspended for a short period to protect investor interests [1] - **富国天丰强化债券(LOF)A** announced a cash dividend of 0.11 yuan per 10 fund shares, with a record date of July 10, 2025 [1] - **融通四季添利债券(LOF)A** will also be suspended for one hour due to dividend announcements [1] Risk Warnings and Suspensions - ***ST信通 (ST Xintong)** has published a notice regarding the removal of delisting risk warnings, but will continue to be subject to other risk warnings and will be suspended for one day [1] - Multiple bonds and securities have been suspended due to various reasons, including continuous losses and issuer applications [3][4][5][6][7][8][9]

行业周报 | 北交所 IPO 扩容提速，关注稀缺、景气、低估三条主线 北交所市场周报——250630-250704 核心结论 北交所市场复盘：当周北交所全部 A 股日均成交额达 279.8 亿元，环比下跌 17.8%。当周北证 50 收跌 1.7%，当周日均换手率达 3.1%。当周涨幅前五 大个股分别为：云创数据（42.4%）、广道数字（29.9%）、灿能电力（13.2%）、 百甲科技（12.5%）、远航精密（12.2%）；跌幅前五大个股分别为：国源科 技（11.7%）、雅葆轩（-10.5%）、长虹能源（-10.5%）、天马新材（-9.4%）、 灵鸽科技（-9.3%）。 重点新闻及政策：1）三部门发布境外投资者以分配利润直接投资税收抵免 政策：财政部等三部门发布公告，2025 至 2028 年境外投资者以中国境内居 民企业分配的利润用于境内符合条件的直接投资，可按投资额的 10%抵免当 年应纳税额。2）证监会：始终把维护市场稳定作为监管工作首要任务，推 动健全常态化稳市机制安排: 中国证监会召开会议，深入学习习近平同志在 福建的金融论述，部署资本市场落实举措，强调维护市场稳定，推动健全常 态化稳市机制，统筹改 ...

Group 1 - The central government emphasizes the high-quality development of the marine economy, with the national marine GDP expected to reach 11.18 trillion yuan in 2025, reflecting a year-on-year growth of 5.9% in 2024 [4][11][20] - The marine economy's contribution to the national GDP is projected to be 7.8%, with 15 marine industries achieving a total added value of 4.3733 trillion yuan in 2024, growing by 7.5% [21][22] - The deep-sea technology sector is identified as a key area for development, with significant investments and strategic initiatives aimed at enhancing capabilities in underwater observation, construction, and resource extraction [9][30][31] Group 2 - The report identifies 11 companies within the deep-sea economic industry chain listed on the Beijing Stock Exchange, including Audiwei (ultrasonic underwater ranging sensors), Wantong Hydraulic (hydraulic cylinders for offshore drilling platforms), and Klete (ventilation and air treatment systems) [40] - The marine engineering equipment manufacturing industry in China is experiencing a recovery, with an expected added value of 112.6 billion yuan in 2025, following a growth of 9.1% to 103.2 billion yuan in 2024 [30][33] - The report highlights the increasing market interest in deep-sea technology, with emerging sectors such as deep-sea energy storage and carbon sequestration expected to drive future growth [31][32]

今日导读 1. 7月7日起，沪深北交易所《程序化交易管理实施细则》正式施行。 2. 7月7日，富国中证AAA科技创新公司债ETF、华夏中证AAA科技创新公司债ETF、招 商中证AAA科技创新公司债ETF等首批10只科创债ETF将发行，多只科创债ETF的发售期 仅有7月7日一天。 1、 国务院国资委7月4日消息，近日，国务院国资委印发的《关于新时代中央企业高质量推进品牌建 设的意见》提出，加强品牌保护管理。建立健全品牌授权准入、动态审核、清查退出机制，加大对擅 用、滥用品牌行为的监测、识别和处罚力度，加强违规挂靠、假冒国企问题的梳理排查和证据收集， 确保品牌使用规范。注重战略性新兴产业、未来产业自有品牌商标注册，预防恶意商标抢注行为。常 态化开展商标侵权监测，完善商标维权与争端解决机制，综合运用协商沟通、舆论维权、法律诉讼等 打击侵权行为。 2、 住房城乡建设部调研组近日赴广东、浙江两省调研。调研组表示，促进房地产市场平稳、健康、 高质量发展具有重要意义。各地要切实扛起责任，充分用好房地产调控政策自主权，因城施策、精准 施策，提升政策实施的系统性有效性，持续巩固房地产市场稳定态势。 调 研组要求，要加快建设安 ...

Core Points - The North Exchange A-shares performed exceptionally well in the first half of 2025, with the North Exchange 50 Index reaching a new high of 1500 points, an increase of 39.45%, significantly outperforming other indices [1][2] - A total of 37 stocks doubled in value, with 138 stocks rising over 50%, indicating a strong market profit effect [1] - The merger and acquisition activities are accelerating, with Keda Control announcing the acquisition of HaiTu Technology, marking the first acquisition of a New Third Board company by a North Exchange company [1][6] Group 1: Market Performance - The North Exchange 50 Index began to rise rapidly from January 2025, despite a brief decline in April, and recovered to reach a new high on May 21 [2] - As of June 30, 2025, the North Exchange 50 Index had a cumulative increase of 39.45%, outperforming the Shanghai Composite Index, ChiNext Index, and Hang Seng Index [2] - The net asset value of several North Exchange-themed funds reached new highs in the first half of 2025, with public fund holdings in the North Exchange amounting to 6.743 billion yuan, a 24.45% increase from the end of 2024 [2] Group 2: Regulatory Actions - The North Exchange has implemented strict monitoring on *ST stocks, particularly *ST Guandao and *ST Yunchuang, due to their continuous price increases [4] - A total of 27 cases of abnormal trading behavior were subjected to self-regulatory measures, including the suspension of trading for four individuals [4][5] - The regulatory measures aim to protect the market and investors, ensuring healthy market development [5] Group 3: Mergers and Acquisitions - The North Exchange has seen a significant increase in merger and acquisition activities, with 30 important investment and acquisition events occurring since its establishment in 2022 [6] - Keda Control's acquisition of a 51% stake in HaiTu Technology for 209.1 million yuan has attracted market attention, showcasing the North Exchange's role in facilitating mergers with New Third Board companies [6] - Analysts suggest that the trend of mergers and acquisitions will continue, with a focus on resource integration and enhancing operational efficiency [7]

Core Viewpoint - Jinzhou Port is facing severe legal and regulatory challenges, including the arrest of two vice presidents and a significant risk of delisting due to financial misconduct and failure to disclose critical information [1][3][12]. Group 1: Legal Issues - Two vice presidents of Jinzhou Port have been arrested for violating important information disclosure laws [3]. - The company has been penalized a total of 38.6 million yuan, with Jinzhou Port itself fined 20 million yuan for various financial misconducts [2][7]. Group 2: Financial Misconduct - Jinzhou Port failed to disclose its 2024 semi-annual report by the legal deadline, releasing it only after the market closed on October 31 [5]. - The company engaged in financial fraud from 2022 to 2024, inflating profits through false trade and premature revenue recognition, with inflated profits of 36.1 million yuan (22.46% of total profit) in 2022, 68.1 million yuan (65.96%) in 2023, and 15.4 million yuan (62.05%) in Q1 2024 [6]. - Significant undisclosed fund occupation and illegal guarantees were reported, with amounts of 3.218 billion yuan (47.63% of net assets), 5.571 billion yuan (81.41%), and 4.991 billion yuan (70.70%) from 2022 to 2024, alongside a total guarantee amount of 2.98 billion yuan for related parties [7]. Group 3: Delisting Risk - Jinzhou Port has entered a delisting preparation period as of June 30, 2023, with the last trading day expected to be July 18, 2025, due to serious violations [12]. - The company is among eight others that have faced delisting procedures for major violations since 2025, highlighting a stricter regulatory environment [12][14].