Group 1 - The Ministry of Human Resources and Social Security has announced the addition of 17 new occupations, including cross-border e-commerce operation managers and drone swarm flight planners, along with 42 new job roles such as sleep health managers and generative AI system testers, indicating a strong growth trend in these sectors [1] - The 2025 employment outlook report by Zhaopin highlights the importance of professional fit, industry growth potential, and job prospects for graduates during the current job selection season [1] Group 2 - Emerging and future industries are in a talent reserve phase, with significant long-term development prospects, as indicated by the government's focus on cultivating these sectors and the strong recruitment growth in positions like drone engineers and algorithm engineers, with year-on-year growth rates exceeding 30% [2] - The demand for production and manufacturing roles is leading the recruitment landscape, with a notable emphasis on "professional alignment" as a key advantage in employment, particularly in fields such as mechanical design and automation [3] - The top ten industries for recruitment demand from January to May 2025 include education, logistics, and real estate, reflecting a trend towards "aligned employment" in various sectors [3] Group 3 - Hangzhou has consistently ranked in the top ten of the "2024 Most Attractive Cities for Talent" list, driven by rapid development in industries like smart IoT and biomedicine, attracting a significant influx of talent [4] - The trend of "people following industries" is prevalent in major cities, suggesting that job seekers should consider the industrial development characteristics of cities when choosing employment opportunities [4]

证券研究报告 | 2025年6月21日 估值周观察(6月第4期) 日韩估值扩张 策略研究 · 专题报告 证券分析师：王开 021-60933132 wangkai8@guosen.com.cn S0980521030001 证券分析师：陈凯畅 021-60375429 chengkaichang@guosen.com.cn S0980523090002 请务必阅读正文之后的免责声明及其项下所有内容 核心观点 请务必阅读正文之后的免责声明及其项下所有内容 • 近一周（2025.6.16-2025.6.20）海外市场分化明显，日韩估值扩张。美股横盘震荡，欧股普跌，亚太多数走强，韩国持续强劲，韩国 综合指数和KOSPI50涨幅均超过4%，港股结束上涨趋势，指数均回调超1%。估值方面，日韩温和扩张，其余市场整体小幅收缩。德国 DAX指数虽下跌0.7%，但PE扩张1.04x，为唯一PE变化幅度超过1x的指数。港股除恒生科技指数，其余估值分位数仍处高位区间。韩 国综合指数各项估值分位数快速拉升，滚动1年PE分位数从20%到86%，PS分位数位于极高水平。 • A股核心宽基全线下跌，中小盘成长估值大幅收缩。近一周(2025 ...

就业是民生之本，高校毕业生等青年就业更是重中之重。今年以来，福建聚焦"稳就业"目标，以创新服 务、产业赋能、政策保障多维发力，全力构建高质量就业生态，为经济社会发展注入强劲动能。数据显 示，2025年1-4月，全省城镇新增就业10.54万人，就业困难人员实现就业0.73万人。 多元场景拓宽就业路精准对接供需两端 福建各地各部门积极探索创新就业服务形式，通过福建直播带岗、就业夜市、地铁站招聘会以及专项行 动等多种方式，为求职者与企业搭建起高效便捷的沟通桥梁。 6月6日晚，福州东二环泰禾广场"就业夜市"热闹开市。曾是全职妈妈的杨女士惊喜发现，这里的岗位与 她的工作经验高度匹配，"在家门口就能找工作，太方便了！"当晚，23家企业带来涵盖不同学历和技能 需求的岗位，现场还设有公共就业服务专区，为求职者提供职业规划、政策咨询等服务。 福州市总工会举办的毕业季就业"职"通车专场招聘会，吸引近400名求职者，47人当场达成初步就业意 向。福建理工大学的王同学成功投递简历，"全职教师岗的灵活计酬模式很适合我。"今年以来，福州市 总工会走进近10所高校，开展10余场就业创业活动，精准服务400余名学子。 不久前，福建省人社厅举 ...

华勤技术：全资子公司拟参与投资私募股权投资基金 智通财经6月18日电，华勤技术(603296.SH)公告称，公司全资子公司上海摩勤智能技术有限公司拟作为 有限合伙人认缴出资2500万元人民币认购安徽高新元禾璞华私募股权投资基金合伙企业（有限合伙）二 期募集份额，占本次出资后安徽元禾认缴出资总额的1.61%。该基金主要投资于长三角区域内十大新兴 产业，重点关注半导体和智能制造等硬科技领域项目。 ...

证监会：支持人工智能、商业航天、低空经济等更多前沿科技领域企业适用科创板第五套上市标准 加 大对新兴产业和未来产业的支持力度 智通财经6月18日电，证监会发布《关于在科创板设置科创成长层 增强制度包容性适应性的意见》。同 时，扩大第五套标准适用范围。根据产业发展和市场需求，支持人工智能、商业航天、低空经济等更多 前沿科技领域企业适用科创板第五套上市标准，加大对新兴产业和未来产业的支持力度。 ...

Group 1 - The National New Office will hold a press conference to introduce the national economic operation situation for May 2025 [1] - The National Bureau of Statistics will release the housing price data for 70 large and medium-sized cities for May 2025 [2] - The Shanghai Stock Exchange and China Securities Index Co., Ltd. will announce the launch of the SSE 580 Index, which reflects the overall performance of small-cap listed companies [3] Group 2 - A total of 12 companies will have their restricted shares unlocked today, with a total unlock volume of 1.399 billion shares, amounting to a market value of 11.203 billion yuan [4] - Five companies have disclosed stock repurchase progress, with two companies reporting the highest repurchase amounts [5]

Core Viewpoint - The article emphasizes that for students from non-top-tier universities, personal abilities and enthusiasm are more important than academic credentials, and practical skills should be prioritized over merely pursuing higher degrees [1][2][3]. Group 1: Employment Market and Education - The current job market is challenging, and blindly competing for civil service exams or graduate studies is not cost-effective for students from second-tier universities due to limited competitive advantages [1][2]. - There is a significant disconnect between university curricula and societal needs, leading to a lack of practical skills among graduates [1][2]. - The focus should be on finding personal strengths that align with market demands rather than pursuing academic upgrades for their own sake [1][2][3]. Group 2: Skills Development - Students should abandon the "degree-centric" mindset and focus on enhancing problem-solving skills and self-directed learning abilities [2][3]. - The advent of AI tools has transformed the learning landscape, allowing individuals to acquire skills like data analysis and video production in a fraction of the time previously required [2][3]. - Emphasizing practical skills over academic performance can lead to better job opportunities in small and medium enterprises, which value cost-effective and proactive talent [2][3]. Group 3: Career Strategies for Ordinary Students - Ordinary students should prioritize skill development over academic performance, as competing for grades in ordinary universities offers limited benefits in the job market [3]. - Emerging skills such as no-code development and new media operations have lower barriers to entry, and platforms like Bilibili and YouTube provide abundant free resources for skill acquisition [3]. - Students should focus on real-world applications of their skills to enhance their employability [3]. Group 4: The Role of Higher Education - The article discusses the changing perception of the college entrance examination (Gaokao) and its diminishing role in determining life outcomes [8][12]. - The traditional notion of "knowledge changes destiny" is being challenged as many students find that their efforts do not yield expected results [8][12]. - The article suggests that students should not idolize degrees but instead focus on developing interests and skills that align with market needs [12][13]. Group 5: The Importance of Location and Industry - When choosing universities, students should prioritize cities with rich social and economic environments, as these can significantly influence their career prospects [46][47]. - Local industries and the specific characteristics of regional universities can provide unique opportunities for students to thrive [27][58]. - The article highlights the importance of understanding market demands and aligning personal skills with emerging industries to find better job opportunities [58][60].

Core Insights - Ningbo Qianwan New Area is emerging as a hub for "unicorn" companies, with 11 enterprises listed in the 2025 Zhejiang Province unicorn company rankings, accounting for nearly one-third of Ningbo's total of 37 listed companies [1] - The total valuation of the 11 listed companies in Qianwan is approximately 25.25 billion yuan, driven by strong technological research and development capabilities [4] Unicorn Companies - The unicorn companies in Qianwan are primarily focused on "hard technology," with all 11 companies listed being categorized as such [1] - Kanglong Huacheng (Ningbo) Biopharmaceutical Co., Ltd. is the only unicorn in the life sciences sector, aiming to establish a world-class CGT (cell and gene therapy) drug R&D and production platform [2] Semiconductor Industry - Six of the listed companies in Qianwan are from the semiconductor industry, which is known for housing many unicorns and gazelles [2] - Qingchun Semiconductor, incubated by Fudan University Ningbo Research Institute, launched its first car-grade silicon carbide diode and MOSFET products within a year, filling domestic gaps [3] R&D Investment - Qianwan's total R&D expenditure surpassed 5 billion yuan for the first time in 2023, reaching 5.098 billion yuan, with an average growth rate of nearly 30% over the past three years [4] Digital Economy and Innovation - The Qianwan Digital Economy Industrial Park hosts over 40 companies engaged in R&D and production, with a total valuation exceeding 15 billion yuan [5] - The area has implemented forward-looking development policies for smart connected vehicles, digital economy, and biomedicine to attract potential projects [6] Financial Ecosystem - The financial ecosystem in Qianwan is continuously optimized to support the growth of unicorn companies, with nearly 100 capital matching events arranged annually [7] - Qianwan has established a leading capital market policy package, ensuring that companies receive necessary support at every growth stage [8] Investment and Collaboration - Qianwan has formed 31 sub-funds in collaboration with social capital, with a total scale approaching 25 billion yuan [9] - The region is focusing on AI and big data sectors, seeking professional fund collaboration teams to build an AI innovation industry cluster [9]

6月9日，重组办法修订发布后首单上市公司之间吸收合并交易案迎来新进展。当晚，海光信息和中科曙 光双双披露重大资产重组预案公告。 6月10日晚间，鸿合科技发布详式权益变动报告书，披露了此次筹划实控人变更的详细情况。合肥瑞丞 拟作为普通合伙人暨执行事务合伙人设立基金，以15.75亿元收购鸿合科技25%股份并取得公司控制 权。这是"并购六条"发布以来，A股市场首单CVC（企业风险投资）收购上市公司的案例。 迅实国际金融控股董事长应伟平表示，私募投资基金具有产业链、资本、技术和人才等优势，在产业链 上下游通常拥有众多被投企业，入主上市公司后可借助上市公司主体发挥产业协同效应，帮助上市公司 解决业务转型等问题，开拓新的增长空间，推动上市公司做大做强。 可以看到，在政策暖风下，越来越多的上市公司开始探索用足用好政策红利，实现外延式高质量发展。 并购标的含"新"量高 近期，多个具有标杆意义的A股市场并购重组案例不断涌现。市场人士分析，5月修订发布的《上市公 司重大资产重组管理办法》在简化审核程序、创新交易支付工具、鼓励私募基金参与等方面作出优化， 催生出一批优质典型并购重组案例，这些重组标的更加优质、产业协同特征更加明显。 ...

图片来自视觉中国 作者｜杨敏 发自新加坡 其次是加强粮食和能源安全。印尼正推动食用油、生物燃料等重点领域的产能扩张，并加快开发太阳能、水电等可再生 能源。"我们的目标是实现100%绿色能源供应，新首都努山塔拉也将实现完全由清洁能源供电。" 第三是印尼强调区域合作的重要性。他指出，印尼正推动东盟数字支付互联互通，并计划于今年8月在中国与日本之间 启动跨境支付试点。同时，印尼也在深化与地区伙伴在可持续发展方面的合作。 印尼有潜力在中美博弈之间，扮演 "中间人"的角色，帮助中国企业在合规前提下寻找更灵活的国际路径 …… 在全球经济不确定性加剧的背景下，印度尼西亚如何保持增长动能、优化政策环境、吸引外资，正成为区域各方关注的 焦点。新一届政府上台后，总统普拉博沃提出一系列新政策，包括强化主权基金运作、推进国企改革、发展绿色能源与 下游产业链，力图为印尼经济注入新动能。这些政策背后蕴含哪些机遇，又将面临怎样挑战？ "印尼不仅拥有丰富的自然资源，更具备活力充沛的人力资本，为全球投资者提供了坚实的长期合作基础。"在6月4日于 新加坡举行的"亚洲愿景伙伴计划"（Asia New Vision Partnership，简称A3 ...