数据四舍五入，查看更多财务数据>> 三、分红送配方案情况 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 2107.53万股，累计占流通股比： 21.04%，较上期变化： 759.92万股。 一、主要会计数据和财务指标 | 名称 | 持有数量(万股) | 占总股本 | 增减情况 | | --- | --- | --- | --- | | | | 比例(%) | (万股) | | 李荣汉 | 451.00 | 4.50 | 不变 | | 郑冰心 | 344.05 | 3.43 | 新进 | | 中国农业银行股份有限公司-华夏北交所创新中小企业精选两 | | | | | 年定期开放混合型发起式证券投资基金 | 296.28 | 2.96 | 新进 | | 胡连清 | 282.36 | 2.82 | 新进 | | 农林英 | 235.00 | 2.35 | 不变 | | 开源证券股份有限公司 | 193.42 | 1.93 | -37.70 | | 武汉和盛海达投资中心(有限合伙) | 181.42 | 1.81 | 新进 | | 孙勇 | 124.00 | 1.24 | 新进 | | 较上个报告期退 ...

北交所按照存量上市公司取得中国证监会出具的向不特定合格投资者公开发行股票批复文件的先后顺 序，同时兼顾试点股票的业务覆盖度，确定颖泰生物、艾融软件、龙竹科技、佳先股份、同享科技、球 冠电缆6只股票进行试点切换。 | | 序号 证券简称 上市日期 | 省份 旧代码 | 新代码 | 股东户数 截至2025年4月11日收盘 【股本类型】流通股本 | 上市以来分红率 [报告期] 去年年报 | 总市值 製革2025年4月11日收盘 | | --- | --- | --- | --- | --- | --- | --- | | | | | | [車位] 日 | 【单位】% | (亿元) | | | 艾融软件 2020/7/27 上海 | 830799 | 920799 | 9,772.0000 | 65.4895 | 121.9661 | | 2 | 疑奏生物 2020/7/27 北京 | 833819 | 920819 | 25,091.0000 | 38.3871 | 50.5030 | | 3 | 佳先股份 2020/7/27 安徽 | 430489 | 920489 | 7,339,0000 | 47.5635 ...

1. Report Industry Investment Rating The document does not mention the industry investment rating. 2. Core View of the Report The report focuses on the issuance of new special-purpose bonds in 2025, analyzes which urban investment platforms have received the bonds, whether there is financing substitution, and the performance of the outstanding bonds of urban investment platforms that have received the bonds [9]. 3. Summary According to the Table of Contents 3.1 2025, How is the Issuance of Special-Purpose Bonds? - As of March 31, 2025, the issuance of new special-purpose bonds this year is 960.2 billion yuan, with an issuance progress of 22%. The issuance scale is higher than that in 2024, but the overall progress is still relatively slow compared with 2022 and 2023 [10]. - This year, 843 billion yuan of ordinary special-purpose bonds and 117.2 billion yuan of special new special-purpose bonds have been issued [11]. - In 2025, urban and rural construction and transportation construction remain the key directions for special-purpose bonds. Land reserve special-purpose bonds were restarted this year [15]. 3.2 2025, Which Urban Investment Platforms Have Received Special-Purpose Bonds? - As of March 21, 2025, since 2019, a total of 2,513 bond-issuing urban investment platforms across the country have received special-purpose bond projects. Among them, 587 bond-issuing urban investment platforms have received special-purpose bond projects since 2025, including 4 first-time recipients in 2025 and 248 in 2024 [19]. - In terms of administrative levels, district-level and prefecture-level cities are the main recipients, accounting for 42% and 30% respectively. In terms of subject ratings, AA+ and AA subjects account for a relatively large proportion, accounting for 32% and 46% respectively [23]. - Since 2019, self-review and self-issuance provinces such as Zhejiang, Jiangsu, Shandong, and Sichuan have more bond-issuing urban investment platforms in undertaking special-purpose bond projects, significantly more than non-self-review and self-issuance provinces. In non-self-review and self-issuance provinces, Hubei, Jiangxi, and Chongqing have more than 100 bond-issuing urban investment platforms, accounting for more than 60% of all bond-issuing urban investment platforms [22]. - In terms of the scale of special-purpose bond funds obtained by different urban investment platforms, prefecture-level city urban investment platforms have the highest scale, followed by district-level and municipality-level platforms. The scale of special-purpose bond funds obtained by AA urban investment platforms is much smaller than that of AAA urban investment platforms [28][29]. - For urban investment projects in districts and counties with relatively weak financial resources, the importance of special-purpose bond funds is significantly higher [31]. - Self-review and self-issuance provinces have a larger overall scale of special-purpose bond funds than non-self-review and self-issuance provinces. In non-self-review and self-issuance provinces, Chongqing's urban investment platforms received nearly 20 billion yuan in special-purpose bond funds in 2025, and Hubei's urban investment platforms received more than 10 billion yuan [35][36]. 3.3 Does Receiving Special-Purpose Bonds Have Financing Substitution? - Before 2023, the net financing of urban investment platforms that received special-purpose bonds was significantly higher than that of those that did not. However, since 2024, due to the large overall maturity scale of urban investment platforms that received special-purpose bonds, the net financing of these platforms has declined significantly, and this trend continued in 2025 [50]. - In self-review and self-issuance provinces, the net financing of urban investment platforms has declined in the past two years, and the net financing of urban investment platforms that received special-purpose bonds is weaker than that of those that did not. In non-self-review and self-issuance provinces, the net financing of most provinces' urban investment platforms that received special-purpose bonds was better than that of those that did not in 2025 [54]. - In self-review and self-issuance provinces, the growth rate of interest-bearing debt of urban investment platforms declined in 2024, and the growth rate of most urban investment platforms that received special-purpose bonds was lower than that of those that did not. In non-self-review and self-issuance provinces, the growth rate of interest-bearing debt in some provinces still increased [55]. 3.4 How is the Performance of the Outstanding Bonds of Urban Investment Platforms that Have Received Special-Purpose Bonds? - A total of 1,355 urban investment platforms with outstanding bonds participated in receiving special-purpose bonds this year. The scale of the outstanding bonds of urban investment platforms that received special-purpose bonds this year is 8.7 trillion yuan, of which about 95% of the outstanding bonds of urban investment platforms have a valuation of less than 3%, and 5% have a valuation of more than 3% [57]. - In terms of credit spreads, the proportions of credit spreads within 50bp, 50-100bp, 100-200bp, and 200-300bp are 22%, 64%, 13%, and 1% respectively [57]. - Bonds with slightly higher valuations are mostly private placement bonds, or those with a subject rating of AA or below, or those with a longer term. A list of public bonds in 2025 that have received special-purpose bonds, with a subject rating of AA+ or above, and a credit spread of more than 150BP is provided for market reference [60].

据了解，今年的全国税收宣传月以"税收·法治·公平"为主题，西城区税务局结合区域特色，紧扣企业需 求，筹划了本届"春筝节"活动，将税收法治融入税宣活动，有效提升了企业的合规经营意识和税法遵从 度，为推动首都经济高质量发展贡献了新动能。 编辑 姜樊 国家税务总局北京市西城区税务局相关负责人表示，党的二十届三中全会指出"全面落实税收法定原 则"，全国第34个税收宣传月主题也围绕着"税收·法治·公平"三个关键词拉开序幕，税收法治建设的重要 性不言而喻。"我们希望以此为契机，乘着税收法治的春风，赋予'春筝'二字更丰富的内涵。它不仅代 表税务部门'征'税之路需依法依规、为国为民，还寓意着企业竞'争'需遵法守法、诚信经营。" 校对 穆祥桐 在企业经验分享环节，北京国有资本运营管理有限公司总经理郭川表示，依法纳税是企业应尽的基本法 律义务，也是企业履行社会责任的重要体现。北京国管始终坚持依法纳税原则，严格遵守国家各项税收 法律法规，连续数年被评为纳税信用A级企业。近年来，北京国管先后承担并参与了多次国有资产重大 重组任务，也经历了全民所有制向公司制的改革，在这些重要涉税事项的处理过程中，得到了西城区税 务局的支持和指导，让我 ...

此外，首程控股还在公告中指出，"公司将始终秉持长期投资理念，无论在市场低迷时持续投入，还是 在繁荣期与企业共同成长，我们将通过战略性投资和资源整合，协助所投企业在波动中稳健前行。未 来，本公司将加大在机器人领域的投资力度，专注于中国最具竞争力的顶尖企业，并力争打造强大的投 资组合。" 不难看出，在机器人产业争议与机遇并存的当下，首程控股以"三个坚定"诠释了责任投资与长期主义的 内涵，展现出穿越行业波动的定力。对于投资者而言，这家既有基建资管基本盘，又手握机器人产业船 票的企业，或许正是穿越周期的优质选择。 "三个坚定"背后，精准捕捉科技革命奇点 实际上，早在6、7年前，首程控股便开始探索产投结合新模式，瞄准"硬科技"潜力赛道展开布局，先后 命中了智能电动汽车与机器人两大热门领域。 2025年，"具身智能"和"智能机器人"首次被写进《政府工作报告》。这标志着伴随数字技术赋能向"智 能+实体"融合演进步入崭新阶段，机器人与具身智能已成为中国培育未来产业的重要方向以及全球科 技竞合的关键领域。 以今年爆火的人形机器人市场来看，根据Markets and Markets预测，该市场规模有望从2023年的18亿美 元增 ...

共促"北京模式"，以耐心资本培育新动能 党的二十届三中全会《决定》明确提出，鼓励和规范发展天使投资、风险投资、私募股 权投资，更好发挥政府投资基金作用，发展耐心资本。耐心资本作为专注于长期价值投 资 、 能 够 承 受 短 期 波 动 并 支 持 战 略 性 创 新 的 资 本 形 态 ， 在 推 动 科 技 创 新 、 促 进 产 业 升 级、服务国家科创战略等方面扮演着重要角色。 当前，耐心资本的生态体系已初步构建。一批有耐心、重创新的资本沉下心来，围绕重 大科技成果转化、高精尖产业孵化、科技服务平台构建及创新载体建设等方向重点投资 布局，初步形成了耐心资本供给网络，为北京国际科创中心建设持续提供动力。 春 天 的 北 京 生 机 盎 然 。 2 0 25 年 3 月 30 日 ， 由 北 京 国 有 资 本 运 营 管 理 有 限 公 司 （ 以 下 简 称"北京国管"）、中关村发展集团主办，君联资本承办的2025年中关村论坛——"耐心 资本服务新质生产力"平行论坛在中关村国际科技创新中心成功举办。 北京市人民政府副秘书长丁章春到会并致辞，全国社会保障基金理事会股权资产部主任 王智斌出席活动。北京市有关 ...

将投中网设为"星标⭐"，第一时间收获最新推送 共促"北京模式"，以耐心资本培育新动能 党的二十届三中全会《决定》明确提出，鼓励和规范发展天使投资、风险投资、私募股权投资，更好 发挥政府投资基金作用，发展耐心资本。耐心资本作为专注于长期价值投资、能够承受短期波动并支 持战略性创新的资本形态，在推动科技创新、促进产业升级、服务国家科创战略等方面扮演着重要角 色。 耐心资本"北京模式"正在加速形成。 来源丨投中网 春天的北京生机盎然。2025年3月30日，由北京国有资本运营管理有限公司（以下简称"北京国 管"）、中关村发展集团主办，君联资本承办的2025年中关村论坛——"耐心资本服务新质生产 力"平行论坛在中关村国际科技创新中心成功举办。 北京市人民政府副秘书长丁章春到会并致辞，全国社会保障基金理事会股权资产部主任王智斌出席活 动。北京市有关部门领导及海淀区相关领导参加。 中关村论坛是中国面向全球科技创新交流合作的国家级平台。 作为2025年会期间金融创投主题的核 心论坛之一，耐心资本服务新质生产力论坛集中展示了近两年来耐心资本"北京模式"的创新探索， 集中发布了一批重大投资成果，首发启动了"耐心资本+"服务伙伴计 ...

Group 1 - The "2025 Future Science City Sci-Tech Financial Conference" was held in Beijing, focusing on the development of sci-tech finance and attracting over 300 participants from government, financial institutions, academic organizations, and tech companies [1] - The conference launched the "Changping District Sci-Tech Financial High-Quality Development Action Plan," aimed at leveraging finance to promote technological innovation and industrial upgrades [1] - A total of 15 billion yuan sci-tech industry fund cluster was introduced, along with the establishment of the first national equity incentive special fund to support the development of startups in the hard technology sector [1] Group 2 - Minsheng Bank Beijing Branch has been actively developing its sci-tech finance services, offering various financial products tailored to different scenarios, such as "Minsheng Hui" and "E-Creative Loans" [2] - The bank is committed to creating a comprehensive sci-tech finance ecosystem, integrating financial support with technological and industrial innovation, and promoting a virtuous cycle between technology, industry, and finance [2] - The bank plans to deepen strategic cooperation with the Changping District government and Future Science City, focusing on supporting cutting-edge fields like life sciences, artificial intelligence, and quantum information [2]

Group 1 - The conference "2025 Gathering Financial 'Vitality' to Co-create a New Quality Future" was held, focusing on the development trends of science and technology finance [1] - Ping An Bank Beijing Branch participated in the conference, highlighting its professional position in the financial sector and exploring new business opportunities in Changping District [1][4] - The conference featured discussions on cutting-edge dynamics, innovative models, and future trends in science and technology finance [2] Group 2 - The establishment of the "Future Science and Technology Finance Think Tank" was announced, along with the release of the "Changping District High-Quality Development Action Plan for Science and Technology Finance" and the "Cross-Border RMB Settlement Pilot Reward Measures" [3] - A strategic cooperation agreement was signed between the district government and key financial institutions, including Ping An Bank Beijing Branch, emphasizing the bank's role in supporting technological innovation and serving the real economy [4] - Ping An Bank Beijing Branch has been actively involved in supporting community livelihood projects and inclusive finance loans in Changping District, aiming to provide better financial services to local enterprises [4]

经国务院批准，202 5中关村论坛年会将于3月27日至31日在京举办，由科技部、国家发展改革委、国务院国资委、中国科学院、中国 工程院、中国科协和北京市政府共同主办。 以"耐心资本服务新质生产力"为主题的平行论坛，将于2025年3月30日上午举行，论坛由北京国有资本运营管理有限公司（以下简 称"北京国管"）、中关村发展集团联合主办，君联资本承办。作为中关村论坛年会期间金融创投主题的核心论坛之一，该论坛将围绕 壮大耐心资本、赋能新质生产力，以及耐心资本的培育机制、创新政策等内容进行深入研究探讨，推动耐心资本助力科技、产业、金 融良性循环，探索形成"耐心资本-北京模式"。 两年一剑，耐心资本蓬勃发展 近年来，耐心资本作为专注于长期价值投资、能够承受短期波动并支持战略性创新的资本形态被多次提及。2024年4月召开的中共中 央政治局会议提出："要积极发展风险投资，壮大耐心资本。"党的二十届三中全会《决定》指出，"鼓励和规范发展天使投资、风险投 资、私募股权投资，更好发挥政府投资基金作用，发展耐心资本。" 20 24年12月召开的中央经济工作会议指出："健全多层次金融服 务体系，壮大耐心资本，更大力度吸引社会资本参与创 ...