天眼查资料显示，青岛海尔智能技术研发有限公司，成立于2014年，位于青岛市，是一家以从事研究和 试验发展为主的企业。企业注册资本13000万人民币。通过天眼查大数据分析，青岛海尔智能技术研发 有限公司共对外投资了9家企业，参与招投标项目7次，财产线索方面有商标信息22条，专利信息5000 条，此外企业还拥有行政许可4个。 金融界2025年7月8日消息，国家知识产权局信息显示，青岛海尔智能技术研发有限公司、青岛海尔电冰 箱有限公司、海尔智家股份有限公司取得一项名为"冰箱的门体转动轴心的位置确定方法及冰箱"的专 利，授权公告号CN116182482B，申请日期为2021年11月。 青岛海尔电冰箱有限公司，成立于1994年，位于青岛市，是一家以从事电气机械和器材制造业为主的企 业。企业注册资本21171.126379万人民币。通过天眼查大数据分析，青岛海尔电冰箱有限公司共对外投 资了2家企业，参与招投标项目586次，财产线索方面有商标信息159条，专利信息5000条，此外企业还 拥有行政许可10个。 海尔智家股份有限公司，成立于1994年，位于青岛市，是一家以从事电气机械和器材制造业为主的企 业。企业注册资本943 ...

Group 1 - The core viewpoint of the article is that Sinopec has applied for a patent related to the preparation of phthalic anhydride, which could significantly reduce operational costs and improve efficiency in production [1][3] - The patent application, titled "Method for Preparing Phthalic Anhydride and Method and Application for Extracorporeal Activation," was filed on January 2024 [1] - The method involves activating a catalyst in an oxygen-containing atmosphere at a pressure of at least 0.2 bar, which allows for a rapid increase in the concentration of raw materials such as ortho-xylene and/or naphthalene [1] Group 2 - Sinopec, established in 2000, is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [1] - The company has invested in 263 enterprises and participated in 5,000 bidding projects, holding 45 trademark records and 5,000 patent records [1] - Sinopec (Beijing) Chemical Research Institute Co., Ltd., founded in 2021, focuses on the manufacturing of chemical raw materials and products, with a registered capital of 100 million RMB [2] - The research institute has invested in 4 enterprises and participated in 1,149 bidding projects, holding 16 trademark records and 1,622 patent records [2]

Core Viewpoint - The issuance of a "non-standard" audit report by Lixin Accounting Firm for ST Xinchao (600777) has sparked significant market discussion, raising questions about the professionalism and diligence of the audit process, especially given the conflicting opinions with previous auditors and international firms [1][2]. Group 1: Audit Report Details - Lixin's audit report is the first "non-standard" financial report in ST Xinchao's history and contradicts the opinions of top international audit firms, leading to investor skepticism regarding Lixin's professionalism [2]. - The audit covered a retrospective period of ten years, with ST Xinchao providing detailed asset lists and historical audit reports from its U.S. subsidiary, which consistently received standard unqualified opinions from Forvis Mazars, a top-ranked firm [2][3]. - Discrepancies were noted between the oil well information reported by the U.S. Railway Commission and ST Xinchao's operational data, with the company attributing these differences to variations in data collection methods over the years [3][4]. Group 2: Professionalism and Diligence - Lixin's report highlighted differences in accounts receivable and transaction amounts from customer confirmations, with the discrepancies being minor relative to the total amounts confirmed [4][5]. - The board of ST Xinchao emphasized that the minor discrepancies cited by Lixin were negligible and had already been resolved, questioning the necessity of a non-standard opinion based on these findings [5][6]. - The board also pointed out that Lixin's request for detailed asset records was inconsistent with industry practices in the U.S., where oil and gas assets are typically managed at a broader level [6][7]. Group 3: Market Response and Implications - The board of ST Xinchao called for a better understanding of the differences in industry practices and legal environments between China and the U.S., urging market intermediaries to objectively assess these factors [7]. - Despite the non-standard opinion, investors noted that the audit did not reveal any significant financial deficiencies, alleviating concerns about potential financial fraud and reducing the risk of delisting due to reporting issues [7].

Group 1: Event Overview - The 20th China International Small and Medium Enterprises Expo concluded in Guangzhou, featuring a scale of approximately 80,000 square meters and over 3,500 exhibition booths [1] - The event attracted more than 2,000 enterprises from over 50 countries and regions, with online and offline participation exceeding 13 million, resulting in intended transaction amounts reaching over 100 billion yuan [1] Group 2: Innovation and Technology - The expo showcased a dedicated area of 24,000 square meters for specialized and innovative SMEs, with over 1,100 companies participating [2] - Sichuan Yingmu Technology Co., Ltd. presented an AI-assisted AR translation glasses that supports over 40 languages, achieving sales of 100,000 units since its launch [2] Group 3: Robotics and Automation - Anno Robotics (Shenzhen) Co., Ltd. introduced its sixth-generation ice cream robot capable of producing 200 cups with various flavors in 30 seconds, highlighting its focus on AI-driven retail solutions [3] - The company holds over 70 national patents and has expanded its market to over 100 cities in China and more than 70 countries globally [3] Group 4: Traditional Brands and Transformation - Guangzhou Pearl River Piano Group, with nearly 70 years in piano manufacturing, is diversifying into solid wood furniture due to declining piano demand, showcasing its new products at the expo [4] - The event featured nearly 180 traditional brands and heritage craft institutions, emphasizing the transformation and upgrading of traditional industries [4] Group 5: International Collaboration - The Egyptian exhibition area featured around 80 enterprises showcasing products in textiles, food processing, chemicals, and electromechanical equipment [5] - The Melouk Group, established in the 1970s, aims to expand its customer base in Africa and Arab countries, having previously sourced materials from China [6] - The expo has evolved its international cooperation model since 2005, with over 550 overseas enterprises participating and expanding its global network [6]

Group 1 - The core viewpoint of the news is that small-cap stocks are experiencing strong performance in 2023, driven by improved market sentiment and supportive government policies for specialized and innovative enterprises [1] - The China Securities 2000 Enhanced ETF (159552) has seen a significant increase in net inflows, with a year-to-date growth of 746.75% in scale and a cumulative increase of 30.70% since the beginning of the year [1][2] - Analysts attribute the strong performance of small-cap stocks to two main factors: improved market conditions post "924 market" and government support for specialized and innovative companies, which enhances the growth potential of small-cap stocks [1] Group 2 - The China Securities 2000 Enhanced ETF tracks the performance of small-cap stocks in the A-share market, aiming to achieve excess alpha while maintaining a high utilization of funds compared to traditional index-enhanced funds [2] - The ETF has shown a net inflow of 4,304 million CNY over the last 5 days, with a net inflow rate of 47.10%, indicating strong investor interest [3] - The ETF's trading efficiency is highlighted by lower transaction costs in the secondary market compared to traditional index-enhanced funds, making it an effective investment tool for investors [2]

Core Viewpoint - Changying Hard Material Technology Co., Ltd. (Changying Hard Science) has received acceptance for its IPO on the Beijing Stock Exchange, aiming to raise 359 million yuan for high-end hard alloy products and R&D center projects [2] Group 1: Company Overview - Changying Hard Science specializes in the R&D, production, and sales of hard alloy products and is recognized as a high-tech enterprise [2] - The company ranked 5th in domestic hard alloy production from 2022 to 2024 according to the China Tungsten Industry Association [2] - It has been recognized as a national "specialized, refined, and innovative" small giant by the Ministry of Industry and Information Technology [2] Group 2: Financial Performance - Revenue for Changying Hard Science from 2022 to 2024 was 822 million yuan, 881 million yuan, and 972 million yuan respectively, while net profits were 84.05 million yuan, 74.18 million yuan, and 63.60 million yuan [2] - The gross profit margins for the same years were 22.96%, 22.07%, and 19.55% respectively [2] - As of March 31, 2025, total assets were 1.229 billion yuan, with total liabilities of 527 million yuan [3] - For Q1 2025, the company achieved a revenue of 213 million yuan, a 5.46% increase year-on-year, and a net profit of 10.86 million yuan, a 6.25% increase year-on-year [3] Group 3: Shareholding Structure - The controlling shareholder of Changying Hard Science is Huang Qijun, who directly holds 33.33% of the shares and indirectly controls a total of 46.02% [4] - The actual controllers, Huang Qijun and Chen Bi, collectively control 68.55% of the shares [4] Group 4: Management Background - Huang Qijun, born in December 1972, is the chairman and general manager of the company, with extensive experience in the hard alloy industry [6] - Chen Bi, born in June 1979, serves as the vice chairman and deputy general manager, also with a background in sales and management within the industry [7]

Industry Insights - Jiangsu's power grid reached a historical peak load of 152 million kilowatts for the third time this year, with 93 new energy storage stations contributing a maximum discharge power of 7.14 million kilowatts during peak hours, marking the largest centralized utilization of new energy storage in China [1] - The global new ship orders have decreased by 54% year-on-year, with the Clarkson newbuilding price index down by 1% [4] - As of June 2025, China's foreign exchange reserves increased by $32.2 billion to $3317.4 billion, reflecting a 0.98% rise, while gold reserves rose by 70,000 ounces, marking the eighth consecutive month of increase [5] - The bond ETF market has seen significant growth, with the latest issuance of 10 technology innovation bond ETFs raising approximately $30 billion in a single day, pushing the total bond ETF market size to over $400 billion [5] Company Developments - Tongxingbao is developing a series of products under the "Su Super" IP, including merchandise related to the Jiangsu provincial football league, with production expected to launch in July [6] - Beijing Pop Mart Culture and Creative Co., Ltd. has applied for the "Lafufu" trademark as a defensive measure against copyright infringement related to its "Labubu" product line [6]

Market Overview - On July 3, 2025, A-shares showed mixed performance with the Shanghai Composite Index up by 0.32%, while the Shenzhen Component Index and the ChiNext Index fell by 0.25% and 0.36% respectively. The total trading volume in the Shanghai and Shenzhen markets was approximately 14,285.58 billion yuan, an increase of about 1,188.01 billion yuan compared to the previous trading day [1] - Hong Kong stocks also declined, with the Hang Seng Index down by 0.12% to 23,887.83 points, and a total trading volume of 1,937.9 billion HKD. The Hang Seng Tech Index, however, rose by 0.25% [1] - U.S. stock markets experienced a collective decline, with the Dow Jones down by 0.94% to 44,406.36 points, the S&P 500 down by 0.79% to 6,229.98 points, and the Nasdaq Composite down by 0.92% to 20,412.52 points [1] New Stock Listings - Yitang Co., Ltd. is set to list on the Sci-Tech Innovation Board on July 8, 2025, with an issue price of 8.45 yuan per share and a price-to-earnings ratio of 51.55 times. The company specializes in the research, production, and sales of wafer processing equipment required for integrated circuit manufacturing, providing solutions for global chip manufacturers [3] Important News - The Shenzhen Stock Exchange announced the upcoming release of the Shenzhen Specialized and New Index and the ChiNext Specialized and New Index on July 21, 2025. These indices will be weighted by free float market capitalization and will undergo periodic adjustments every June and December [4] - Changxin Storage, a domestic DRAM memory chip manufacturer, has initiated its listing guidance with China International Capital Corporation and CITIC Securities as advisory institutions. The company was established in 2016 and focuses on the research, design, production, and sales of DRAM products [5] - The Hong Kong Stock Exchange reported that the monthly trading volume of the Swap Connect reached 3,800 billion yuan in May 2025, a 660% increase from the initial month. The number of offshore investors participating has also grown from 22 to over 80 by the first quarter of 2025 [5]

2. 中国人民银行7月7日披露数据显示，中国6月末黄金储备报7390万盎司，环比增加7万 盎司，这是中国人民银行连续第8个月增持黄金。 3. 7月7日，深圳市防范和打击非法金融活动专责小组办公室（"专责小组"）就稳定币涉 及的相关风险发出风险提示。 宏观消息 今日导读 1. 7月7日，上交所与中证指数公司共同宣布，将于7月21日正式发布上证科创板专精特 新指数、上证专精特新指数、中证专精特新100指数。同日，深交所和全资子公司深证信 息宣布，将于7月21日发布深证专精特新指数、创业板专精特新指数。 1、 国家发展改革委办公厅等四部门发布关于促进大功率充电设施科学规划建设的通知，其中提出，结 合当地经济发展水平、新能源汽车推广力度和电力资源分布，以即充即走场景为重点，因地制宜、适度 超前、科学合理做好大功率充电设施发展布局。省级牵头负责充电设施发展的部门要会同其他相关部门 在充电网络规划中合理确定大功率充电设施发展目标和建设任务，根据需要适时制定大功率充电设施专 项规划，联合交通运输主管部门等优先明确高速公路服务区场景下的建设计划，率先对重大节假日期间 利用率超过40%的充电设施实施大功率改造。规划编制要遵循市 ...

重要消息 央行连续8个月增持黄金 A股将发布专精特新系列指数 国家发展改革委办公厅等四部门发布《关于促进大功率充电设施科学规划建设的通知》 特朗普签署行政命令，将"对等关税"暂缓期延长至8月1日 特朗普发信函给日韩及南非等14国威胁征税，最高税率40% 重要的消息有哪些 1．外交部发言人毛宁主持7月7日例行记者会。会上有外媒记者提问称：金砖国家峰会将于当天闭幕，此 前美国总统特朗普批评金砖国家推行"反美政策"，并威胁对其成员国加征10%的新关税，请问中方对此有 何评论？毛宁对此表示，金砖机制是新兴市场和发展中国家合作的重要平台，倡导开放包容、合作共赢， 不搞阵营对抗，不针对任何国家。关于加征关税，中方已经多次阐明了立场，贸易战、关税战没有赢家， 保护主义没有出路。 2．国家发展改革委办公厅等四部门发布《关于促进大功率充电设施科学规划建设的通知》，其中提出， 结合当地经济发展水平、新能源汽车推广力度和电力资源分布，以即充即走场景为重点，因地制宜、适度 超前、科学合理做好大功率充电设施发展布局。到2027年底，力争全国范围内大功率充电设施超过10万 台，服务品质和技术应用实现迭代升级。 3．中国6月末外汇储备3. ...