Group 1 - The State Council Information Office will hold a press conference on January 15 to discuss the effectiveness of monetary and financial policies in supporting the high-quality development of the real economy [1] - The Ministry of Commerce will also hold a press conference on January 15 to introduce recent key work in the business sector [2] Group 2 - The People's Bank of China will conduct a 900 billion yuan reverse repurchase operation on January 15 to maintain ample liquidity in the banking system, with a term of 6 months (181 days) [3] Group 3 - On January 15, a total of 9 companies will have their restricted shares unlocked, with a total unlock volume of 304 million shares, amounting to a market value of 15.476 billion yuan [4] - The companies with the largest unlock volumes include Hanma Technology, Zhongke Lanyun, and Huitong Technology, with unlock shares of 140 million, 76.2838 million, and 52.872 million respectively [4] - The companies with the highest unlock market values are Zhongke Lanyun, Huitong Technology, and Sikan Technology, with values of 10.97 billion, 1.529 billion, and 1.344 billion yuan respectively [4] Group 4 - On January 15, 11 companies disclosed progress on stock repurchases, with one company’s repurchase plan approved by the shareholders' meeting and nine companies completing their repurchase plans [5] - Yuheng Pharmaceutical has the highest proposed repurchase amount of up to 2.7 million yuan, while Kaifa Electric has completed a repurchase of 4.2068 million yuan [5] Group 5 - Five companies disclosed progress on private placements on January 15, with four companies announcing private placement plans and one plan approved by the exchange [6] - The highest proposed fundraising amounts are from *ST Songfa and Lante Optics, with amounts of up to 7 billion and 1.055 billion yuan respectively [6] Group 6 - Ten A-shares will undergo equity registration on January 15, with all ten companies planning to distribute dividends [7] - The companies with the largest dividend payouts are China Merchants Bank, Huayan Precision Machinery, and Industrial Fulian, with payouts of 10.13 yuan, 5.00 yuan, and 3.30 yuan per 10 shares respectively [7]

Core Viewpoint - On January 15, a total of 9 companies had their restricted shares unlocked, with a total unlock volume of 304 million shares, amounting to a market value of 15.476 billion yuan based on the latest closing price [1] Summary by Category Unlock Volume - Hanma Technology, Zhongke Lanyun, and Huitong Technology had the highest unlock volumes, with 140 million shares, 7.62838 million shares, and 5.2872 million shares respectively [1] Unlock Market Value - Zhongke Lanyun, Huitong Technology, and Sikan Technology had the highest unlock market values, amounting to 10.97 billion yuan, 1.529 billion yuan, and 1.344 billion yuan respectively [1] Unlock Ratio - Zhongke Lanyun, Huitong Technology, and Qianjin Technology had the highest unlock ratios, with 63.25%, 37.64%, and 25.13% of their total share capital unlocked respectively [1]

Market Overview - US core CPI inflation slowdown failed to maintain stock market gains, with major indices turning negative; S&P 500 down 0.19%, Dow Jones down 0.80%, and Nasdaq down 0.10% [1] - Financial sector dragged down by bank stocks, with JPMorgan falling over 4% and Visa also down more than 4% after CFO hinted at potential impacts from credit card interest rate caps [1] - Google saw a rise of over 1%, marking four consecutive days of record highs, while AMD and Intel gained over 6% and 7% respectively after rating upgrades [1] Sector Performance - Nasdaq Golden Dragon China Index fell by 1.86%, with notable declines in Brain Rejuvenation Technology down over 26% and Pinduoduo down over 5% [2] - Offshore RMB initially rose post-US CPI release but later fell below 6.97, moving away from a 20-month high [4] Commodity Market - Oil prices rose for four consecutive days, reaching a two-month high, with a peak increase of over 3% following Trump's cancellation of talks with Iran [5] - Gold hit a record high before turning down, while silver rose nearly 5% in two days, achieving historical highs [5] Company Announcements - OpenAI's first hardware, reportedly AI headphones, aims for sales of 50 million units this year [6] - META plans to double the production capacity of AI glasses Ray-Ban to 20 million units by 2026, reflecting the rapid growth of the AI glasses market [7] - TCL Technology expects a net profit of 4.21 billion to 4.55 billion yuan for 2025, a year-on-year increase of 169% to 191% [19] - Dazhu CNC anticipates a net profit of 785 million to 885 million yuan for 2025, up 160.64% to 193.84% year-on-year [20] Industry Developments - The Ministry of Industry and Information Technology (MIIT) issued a plan to enhance the development of industrial internet platforms, aiming for over 120 million connected industrial devices by 2028 [8] - The MIIT held a meeting to implement a new round of growth stabilization plans for ten key industries, emphasizing the need to resist "involution" [9] - The Ministry of Commerce announced continued anti-dumping duties on solar-grade polysilicon from the US and South Korea for five years [10]

Market News - China will release December import and export data on January 14, with exports expected to grow by 3.0% year-on-year, down from 5.9% in November, while imports are projected to decline by 2.9% [1] - In 2025, from January to November, China's total goods trade value reached 41.21 trillion yuan, a year-on-year increase of 3.6%, with exports at 24.46 trillion yuan (up 6.2%) and imports at 16.75 trillion yuan (up 0.2%), resulting in a trade surplus of 7.71 trillion yuan (approximately 1.076 trillion USD), marking a 21.7% increase [2] Commodity Futures - From January 13, 2026, the price fluctuation limit for platinum and palladium futures contracts will be adjusted to 16%, with the trading margin standard set at 18% [3] Economic Data Releases - The U.S. will release December CPI data on January 13, with core CPI expected to rebound significantly, predicted at 0.36% by Morgan Stanley and 0.38% by Bloomberg, both higher than the average of 0.08% in October and November [4][5] - Key economic data including October and November PPI and November retail sales will also be released, with expectations for a 0.7% month-on-month rebound in retail sales, driven by a recovery in auto sales and strong online transactions during Black Friday and Cyber Monday [6] Federal Reserve - The Federal Reserve will release its latest Beige Book on January 14, which previously indicated a weak job market due to government shutdowns and rising costs impacting businesses, with consumer spending showing a K-shaped recovery [7] Earnings Season - The earnings season for U.S. large banks will commence this week, with major firms including JPMorgan, Citigroup, and Goldman Sachs set to report [8] Industry Events - The second China eVTOL Innovation Development Conference is scheduled for January 15-16, 2026, in Shanghai, focusing on the new commercial era of eVTOL [9] - The fourth Data Center Liquid Cooling & AI Chip Thermal Management Supply Chain Conference will be held on January 14-15, 2026, in Shenzhen, discussing innovations in thermal management technology [10] - The first comprehensive law in China's nuclear energy sector, the Atomic Energy Law, will take effect on January 15, 2026 [11] Corporate Announcements - Hangyu Technology announced a share buyback of 752,800 shares, with plans to sell them within six months [12] - Huadong Medicine's subsidiary has developed a breakthrough treatment for severe hypertriglyceridemia, which has been included in the list of breakthrough therapies by the National Medical Products Administration [12] - Jingfeng Mingyuan plans to acquire 100% of Sichuan Yichong Technology through a combination of stock issuance and cash payment [13] - TSMC has commenced research on its next-generation 1.4nm process, with risk trial production expected to start in 2027 [12] Lock-up Expiration - From January 12 to January 16, 2026, 23 companies will have lock-up shares released, totaling 2.434 billion shares with a market value of approximately 48.56 billion yuan [14][15] New Stock Calendar - Two new stocks are set to be issued this week, with a total of approximately 34 million shares and expected fundraising of 1.909 billion yuan [16] Market Outlook - CITIC Securities suggests focusing on resource and traditional manufacturing sectors for pricing power enhancement [17] - Guojin Securities indicates that the A-share market is likely to perform well, driven by liquidity improvements and the ongoing spring market [18] - Everbright Securities anticipates continued market enthusiasm but warns of potential cooling as the Lunar New Year approaches [20]

Market News - China will release December import and export data on January 14, with exports expected to grow by 3.0% year-on-year, down from 5.9% in November, while imports are anticipated to decline by 2.9% [3] - The trade balance for December 2025 will also be published on January 14, with total goods trade from January to November 2025 reaching 41.21 trillion yuan, a year-on-year increase of 3.6% [3] Commodity Futures - The Shanghai Futures Exchange will adjust the price limit for platinum and palladium futures contracts to 16% starting from January 13, 2026, with the trading margin standard set at 18% [4] Energy Outlook - The U.S. Energy Information Administration (EIA) will release its Short-Term Energy Outlook report on January 13, maintaining the WTI crude oil price forecast for 2025 at slightly below $69 per barrel [5] U.S. Economic Data - The U.S. will release December CPI data on January 13, with core CPI expected to rebound significantly, predicted at 0.36% by Morgan Stanley and 0.38% by Bloomberg, both higher than the average of 0.08% in October and November [6] - Key economic indicators including October and November PPI and November retail sales will also be released, with expectations of moderate PPI growth and a 0.7% rebound in retail sales for November [6] Federal Reserve - The Federal Reserve will publish its latest Beige Book on January 14, indicating that government shutdowns and AI applications have weakened the job market, while rising tariffs and healthcare costs have increased business expenses [7] Earnings Season - The earnings season for Q4 2025 will commence this week, with major banks including JPMorgan, Citigroup, and Goldman Sachs set to report [8] Sector Events - The second China eVTOL Innovation Development Conference is scheduled for January 15-16, 2026, in Shanghai, focusing on the new commercial era of eVTOL [10] - The fourth Data Center Liquid Cooling & AI Chip Thermal Management Supply Chain Conference will be held on January 14-15, 2026, in Shenzhen [10] - China's first comprehensive law in the nuclear energy sector, the Atomic Energy Law, will take effect on January 15, 2026 [11] Individual Company News - Hangyu Technology announced on January 11 that it has repurchased 752,800 shares, with plans to sell them within six months [13] - Huadong Medicine's subsidiary has developed a breakthrough treatment for severe hypertriglyceridemia, which has been included in the list of breakthrough therapies by the National Medical Products Administration [13] - Jingfeng Mingyuan plans to acquire 100% of Sichuan Yichong Technology Co., with a key review meeting scheduled for January 16, 2026 [13] - TSMC has commenced research on its next-generation 1.4nm process, with risk trial production expected to start in 2027 [13] Lock-up Expiration - From January 12 to January 16, 2026, 23 companies will have lock-up shares released, totaling 2.434 billion shares with a market value of approximately 48.56 billion yuan [16] - The highest market value of lock-up shares released on January 12 is from Tianxin Pharmaceutical at 7.84 billion yuan [17] New Stock Calendar - Two new stocks are set to be issued this week, with a total issuance of approximately 34 million shares and expected fundraising of 1.909 billion yuan [19] Market Outlook - The current market enthusiasm is driven by concentrated inflows from previously cautious funds, with expectations for continued momentum in thematic and small-cap stocks until after the Two Sessions [22] - Guojin Securities suggests that the spring market is likely to perform well, with a focus on AI investments and the recovery of domestic manufacturing [23] - Everbright Securities anticipates sustained market heat but warns of potential cooling as the Lunar New Year approaches, recommending attention to sectors like electronics and power equipment [24]

Group 1: Economic Data and Trends - China's total goods trade import and export value reached 41.21 trillion yuan in the first 11 months of 2025, a year-on-year increase of 3.6%, with exports at 24.46 trillion yuan (up 6.2%) and imports at 16.75 trillion yuan (up 0.2%) [2][17] - In November 2025, China's goods trade growth accelerated, with total trade value of 3.9 trillion yuan, a growth of 4.1%, including exports of 2.35 trillion yuan (up 5.7%) and imports of 1.55 trillion yuan (up 1.7%) [2][17] - M2 and social financing scale growth rates remained high in November 2025, supporting a favorable monetary environment for economic recovery, with expectations for continued moderate monetary policy in 2026 [3][18] Group 2: Financial Market Developments - A total of 1,387 billion yuan in reverse repos will mature next week, with specific amounts maturing each day [4][19] - Over 480 billion yuan in market value of restricted stocks will be unlocked from January 12 to 16, 2026, with 23 stocks facing unlocks, including Zhongke Lanyun with over 10 billion yuan [28][29] - Two new stocks are set to be issued next week, with Aishalun on January 12 and Hengyunchang on January 16 [30][31] Group 3: Industry Events and Regulations - The second China eVTOL Innovation Development Conference will be held in Shanghai from January 15 to 16, 2026, focusing on innovation in the eVTOL commercial era [5][21] - The new batch of high-value medical consumables procurement organized by the state will start on January 13, focusing on drug-coated balloons and urological intervention consumables [6][22] - The Atomic Energy Law will officially take effect on January 15, 2026, providing a legal framework to support controlled thermonuclear fusion research [7][23] - The焦煤 options will officially be listed on January 16, 2026, marking the first options product in China's black series industry chain [8][24]

Group 1 - The global 3D printing industry is expected to exceed 150 billion RMB in 2024, with a potential market size of 100 billion USD in the next decade, driven by the maturity of 3D printing technology and its advantages over traditional manufacturing methods [1] - The consumer-grade 3D printing market is dominated by domestic manufacturers, with a projected market value of 4.1 billion USD in 2024, growing to 16.9 billion USD by 2029, reflecting a compound annual growth rate (CAGR) of 33% [1] - Major domestic players hold over 70% of the global market share in consumer-grade 3D printers, with TuoZhu Technology and Chuangxiang Sanwei being market leaders [1] Group 2 - The industrial 3D printing sector requires breakthroughs in core components such as high-end lasers, galvanometers, and inkjet nozzles, which are currently dominated by foreign manufacturers [2] - Industrial 3D printing is transitioning from "test-type" applications to "scale" applications, demonstrating significant value in sectors like shoe molds and commercial aerospace [2] Group 3 - Domestic manufacturers are making continuous breakthroughs in various aspects of 3D printing, with Aisike achieving domestic production of piezoelectric inkjet printheads and 100% localization in 3D metal printing equipment [3] - JinChengZi is a leader in laser processing control systems and is also expanding into consumer-grade products, while SiKan Technology leads in industrial 3D scanning and is entering the consumer market [3] - Chuangxiang Sanwei is a global leader in consumer-grade 3D printing and is actively developing an AI ecosystem, while other companies like Huasu High-Tech and Bolite are expanding into new markets such as consumer electronics and commercial aerospace [3]

思看科技（杭州）股份有限公司 首次公开发行部分限售股及部分战略配售限售股上市 流通公告 证券代码：688583 证券简称：思看科技 公告编号：2026-003 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为首发战略配售股份（限售期 12 月）；股票认购方式 为网下，上市股数为3,315,001股。本公司确认，上市流通数量等于该限售期的全 部战略配售股份数量。 除首发战略配售股份外，其他本次股票上市类型为首发限售股份；股票认 购方式为网下，上市股数为9,808,440股。 本次股票上市流通总数为13,123,441股。 三、本次限售股上市流通的有关承诺 （一）公司股东深圳市达晨创程私募股权投资基金企业（有限合伙）、杭州达 晨创程股权投资基金合伙企业（有限合伙）、深圳市财智创赢私募股权投资企业（有 限合伙）、中信证券投资有限公司、杭州云栖创投股权投资合伙企业（有限合伙）、 杭州海邦数瑞股权投资合伙企业（有限合伙）、台州华睿沣收股权投资合伙企业（有 限合伙）、成都雅清创业投资合伙企业（有限合伙 ...

首次公开发行部分限售股及部分战略配售限售股上市流通 的核查意见 中信证券股份有限公司 关于思看科技（杭州）股份有限公司 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为思看科 技（杭州）股份有限公司（以下简称"思看科技"或"公司"）首次公开发行股 票并在科创板上市及持续督导的保荐人，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》等有关规定，对思看科技首次公开发行部分限售 股及部分战略配售限售股上市流通事项进行了审慎核查，具体情况如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2024 年 8 月 29 日出具的《关于同意思看科 技（杭州）股份有限公司首次公开发行股票注册的批复》（证监许可〔2024〕1226 号），思看科技（杭州）股份有限公司（以下简称"思看科技"或"公司"）获准 首次向社会公开发行人民币普通股（A 股）1,700.00 万股，并于 2025 年 1 月 15 日在上海证券交易所科创板上市。公司首次公开发行股票前总股本为 5,100.00 万股，首次公开发行股票后总股 ...

每经AI快讯，思看科技1月7日晚间发布公告称，公司限售股份约1312万股将于2026年1月15日解禁并上 市流通。 每经头条（nbdtoutiao）——十年首现，沪指连续站稳关键位置！高盛：建议高配中国股票！券商分析 师：人民币升值等因素加速跨境资本回流 （记者 曾健辉） ...