今日重点推荐 | 指数 | 收盘 | | 涨跌（％） | | | --- | --- | --- | --- | --- | | 名称 | （点） | 1 日 | 5 日 | 1 月 | | 上证指数 | 3903 | 0.7 | -1.67 | 0.37 | | 深证综指 | 2469 | 1.24 | -1.16 | 0.61 | | 风格指数 (％) | 昨日 | 近 1 个月 | 近 6 个月 | | --- | --- | --- | --- | | 大盘指数 | 0.81 | -0.84 | 18.64 | | 中盘指数 | 1.21 | -1.63 | 24.97 | | 小盘指数 | 1.23 | -1.45 | 20.17 | | 涨幅居前 行业(％) | 昨日 | 近 1 个月 | 近 6 个月 | | --- | --- | --- | --- | | 保险Ⅱ | 5.78 | 5.97 | 13.66 | | 金属新材料 | 4.8 | -2.31 | 32.97 | | 航天装备Ⅱ | 3.62 | 13.13 | 43.78 | | 工业金属 | 3.42 | 9.72 | 71. ...

News Focus - The National Energy Administration reported seven violations regarding the fair and open operation of the power grid, emphasizing the need for energy transmission network operators to provide services without discrimination [2] Domestic News - The Central Ecological and Environmental Protection Inspection reported illegal disposal of construction waste in multiple areas of Beijing, highlighting weak management and control in districts like Pinggu and Fengtai [2] - Mobile sources have become a significant contributor to air pollution, with total emissions from mobile sources reaching 18.582 million tons in 2024 [2] - The China Bicycle Association addressed concerns regarding the new national standard for electric bicycles, stating that it aims to enhance safety and reduce risks of fire and traffic accidents [3] - China's first heat-coupled seawater hydrogen production device has achieved over 500 hours of stable operation, marking a key breakthrough in the engineering application of this technology [3] - A new rain measurement radar system has been deployed at the Three Gorges Project, enhancing rainfall monitoring capabilities over an area of approximately 13,000 square kilometers [4] - The Xiong'an 500 kV ultra-high voltage substation has been officially put into operation, serving as a critical hub for clean energy transmission from Inner Mongolia and Hebei to the Xiong'an New Area [4] - The China National Railway Group reported that in November, it transported 184 million tons of coal, a year-on-year increase of 0.3%, ensuring sufficient supply for winter heating and power generation [4] - Hubei has established a 10 billion yuan water conservancy development fund, focusing on infrastructure, asset acquisition, ecological governance, and technology development [5] International News - President Trump signed a law to lift drilling restrictions in parts of the Arctic National Oil Reserve [6] - Germany extended its tax exemption policy for electric vehicles until December 31, 2035 [6] - The International Atomic Energy Agency reported that repairs have begun on the damaged protective cover of the Chernobyl nuclear power plant [7] - Japan initiated its 17th round of discharging nuclear contaminated water from the Fukushima plant, with approximately 7,800 tons planned for release [7] Corporate News - The Dadu River Danba Hydropower Station has received national approval, marking the addition of a new hydropower station with a million-kilowatt capacity and the first project to successfully attract private capital following the introduction of the Private Economy Promotion Law [8]

"哐哐哐"——沉闷的轰鸣穿透岩层，在环北部湾广西水资源配置工程（以下简称"环北广西工程"） 玉林供水片区施工D2标六万大山隧洞平威竖井工区深处，硬岩隧道掘进机（TBM）正在奋力掘进，连 续皮带系统将碎渣源源不断排出洞外。这项迄今为止广西投资最大、输水线路最长、受益人口最多的调 水工程，在复杂地质条件下不断刷新建设速度。 作为国务院部署的150项重大水利工程之一，环北广西工程491.1公里的输水线路串联起12条河流、 15座水库，沿途要穿越六万大山等复杂地形，面临着多重技术难题的考验。 "工程啃的是'一高、二长、三大'的硬骨头。"中铁隧道局广西水资源项目D2标工程师时伟强直 言，"隧洞内地温最高近40℃，TBM需要独头掘进11.487公里，是整条线路独头掘进距离最长的，270米 长的蚀变带像'豆腐块'很容易塌方；还有3.12兆帕的水压，相当于312米高水柱的水压压在管壁上。"面 对这些难题，团队通过不断优化施工组织与工法，提高TBM掘进效率。"截至目前，TBM累计掘进1060 米，比原方案提前近两个月。"他的声音里，透露出无数个昼夜攻坚的底气与信心。 进度与环保，在工地上从未失衡。"平威竖井施工采用清污分流，把 ...

Core Viewpoint - The successful completion of the TBM breakthrough for the Chongqing Rail Transit Line 7 Phase I project marks a significant milestone in the construction of a vital north-south transportation artery in western Chongqing, enhancing connectivity among various urban clusters [1][2]. Group 1: Project Overview - The Chongqing Rail Transit Line 7 Phase I project spans approximately 28 kilometers with 18 stations, connecting key areas such as Xiyong, Hangu, and Jinfeng [1]. - The recently completed section measures 2,340.669 meters, with the TBM segment accounting for 1,727.363 meters, navigating through complex geological conditions including high-strength sandstone and mudstone [1]. Group 2: Technical Innovations - The project team implemented innovative technologies to address the challenges of tunneling through long-distance, high-strength rock layers, utilizing a proprietary wear-resistant coating with a shear strength exceeding 350 MPa, significantly enhancing tool durability [2]. - The team achieved a remarkable feat of continuous tunneling through hard rock without the need for opening storage or changing tools, ensuring a smooth construction process [2]. Group 3: Safety Measures - To mitigate the risk of segment uplift in hard rock layers, the project team meticulously controlled tunneling parameters and optimized grouting processes, resulting in high-quality tunnel lining with no significant misalignment or damage [2]. - A specially developed track surface treatment device was created to enhance traction on steep gradients, effectively addressing safety concerns during transportation within the tunnel [2].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中國中鐵股份有限公司於2025年12月4日在上海證券交易所網站刊登的「中國中鐵 股份有限公司關於調整2025年中期利潤分配總額的公告」，僅供參閱。 承董事會命 中國中鐵股份有限公司 陳文健 董事長 中國 • 北京 2025年12月4日 於本公告日期，本公司的執行董事為陳文健先生（董事長）及王士奇先生；本公司的非執 行董事為文利民先生及房小兵先生；本公司的獨立非執行董事為修龍先生、孫力實女士 及屠海鳴先生。 | H | | | --- | --- | | 股代码：00390 | 股代码：601390 | | H | A | | 股简称：中国中铁 | 股简称：中国中铁 | | | 公告编号：临 | | | A 2025-064 | 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 ...

Core Insights - As the year-end approaches, real estate companies in Shanghai are making efforts to boost their annual performance [1] - The focus of the Shanghai real estate market has shifted to sales following the last land auction of the year on November 24 [2] - In November 2025, a total of 29 new projects were launched in Shanghai, with a transaction area of approximately 33.5 million square meters [3] Sales Performance - The top three projects in terms of sales volume were Lianqi Binjiang, Binjiang Yazhu, and Beilian C1, with Beilian C1 showing impressive sales figures [7] - Beilian C1, managed independently by Beike Group's Beihome, achieved significant sales in November, marking it as a standout performer in the fourth quarter [7] - Despite having the smallest land area of only 23 acres among the top ten new home sales in November, Beilian C1's success highlights the strong demand for high-quality housing in a market characterized by cautious sentiment [8] Market Trends - Industry experts note that the emphasis on high-quality residential construction is becoming a consensus in the market, with a focus on meeting diverse and high-quality living needs [8] - The end of the year is seen as a prime opportunity for promoting quality housing products, as pent-up demand from buyers is expected to be released [8]

中国上市公司网 据悉，天溯计量本次拟公开发行股票数量为1,630.4348万股，全部为公开发行新股，发行后总股本为 6,521.7392万股。初始战略配售发行数量为244.5651万股，占本次发行数量的15%。回拨机制启动前，网 下初始发行数量为970.1197万股，约占扣除初始战略配售数量后发行数量的70%，网上初始发行数量为 415.7500万股，约占扣除初始战略配售数量后发行数量的30%。公司本次发行初步询价时间为12月9日 9:30-15:00，12月11日为公司本次网上路演时间。 公开资料显示，天溯计量是一家全国性、综合型的独立第三方计量检测服务机构，主营业务为计量校 准、检测、认证等专业技术服务，客户涉及生物医药、汽车、新能源、轨道交通、能源电力、轻工日 化、装备制造等国民经济多个领域。公司致力于通过优质、高效的专业技术服务，为企业品质溯源保驾 护航，助力我国生产制造的高质量发展，落实制造强国、质量强国战略要求。 | 项目 | 2025年1-6月 | | 2024 年度 | | 2023 年度 | | 2022 年度 | | | --- | --- | --- | --- | --- | --- ...

Group 1 - The article highlights the operation of the Fuxing intelligent high-speed trains on the Shenyang-Baihe Railway, showcasing advancements in China's rail transport technology [1][6] - The Harmony high-speed trains are also mentioned as part of the railway services, indicating a diverse fleet operating in the region [3] - The presence of passengers waiting at Changbai Mountain Station emphasizes the growing demand for rail travel in scenic areas [5] Group 2 - The article features the Changbai Mountain Huamei Resort Ski Area, indicating the integration of tourism and transportation in the region [7] - Scenic views of Changbai Mountain after snowfall are presented, highlighting the natural beauty that attracts visitors and supports the local tourism industry [9]

| | | 中国中铁股份有限公司 关于调整 2025 年中期利润分配总额的公告 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。 分红总额调整情况：中国中铁股份有限公司（以下简称"公司"） 2025 年中期利润分配拟向全体股东每 10 股派发现金红利 0.82 元 （含税）不变，现金分红总额由 2,023,696,312.98 元（含税）调 整为 2,023,409,075.18 元（含税）。 分红总额调整原因：公司 2025 年中期分红方案披露之日起至本公 告披露日，公司已完成部分限制性股票回购注销工作，且继续回购 了部分 A 股股票，致使有权参与权益分派的总股数发生变动。公司 拟维持每股分配比例不变，相应调整分配总额。 中国中铁股份有限公司 2025 年中期利润分配方案>的议案》，具体方案如 下： 公司拟向全体股东每股 10 股派发现金红利 0.82 元（含税）。截至 2025 年 10 月 30 日，公司总股本为 24,741,008,919 股，扣除公司已宣布后续 将回购注销的限制性股票 54,786,990 股以及公 ...

Group 1 - The operation and maintenance division of Shanghai Electric, a subsidiary of China Railway Electrification Bureau Group Co., successfully ensured the safe and smooth operation of the rail transit lines connecting the National Exhibition and Convention Center during the 8th China International Import Expo [1] - A comprehensive special guarantee system was activated, featuring "one main line, three deployments, and five enhancements," with a 24-hour command center overseeing operations and 97 on-site monitoring points fully staffed [1] - An emergency response team consisting of a core professional team and 30 regional support teams was on standby, creating a multi-layered protection network for rapid response and coverage [1] Group 2 - To ensure daytime train operations were not affected, the maintenance division conducted concentrated night inspections, including power supply equipment checks, track condition assessments, and signal system calibrations [2] - The dual protection mechanism of "human defense + technical defense" was effectively utilized to promptly identify and address potential hazards, ensuring all lines were in optimal condition for the next day's operations [2]