Group 1: Global Computing Power Market - The global computing power market is entering a new high prosperity cycle, with rapid expansion in the HVAC and cooling market [1] - Four companies dominate the cooling source side in overseas markets, as global computing power construction accelerates, leading to a gradually balanced supply and demand [1] - On the cabinet side, cold plate liquid cooling is the current mainstream solution, with continuous upgrades and iterations of related product solutions due to the trend of increasing server power density [1] Group 2: Pharmaceutical Innovation and Internationalization - China's innovative drug development has achieved phased results, with a focus on innovation-driven strategies and internationalization, along with self-control and outpatient marketing model reforms as key investment directions for the second half of the year [2] - The innovative drug sector is expected to benefit from strong domestic policy support in addition to overseas achievements, leading to a steady upward trend in the sector [2] - It is recommended to focus on three areas: innovation-driven strategies, internationalization, and outpatient marketing model reforms, particularly in the innovative drug field which has the highest beta effect [2] Group 3: Solid-State Battery Commercialization - Solid-state batteries are expected to achieve commercial application by 2027, with equipment leading the way as the lithium battery equipment industry gradually emerges from the bottom [3] - Since September 2024, the operating rates of leading domestic battery manufacturers have improved, and overseas orders for leading lithium battery equipment companies have continued, with significant domestic improvements expected [3] - Recent catalysts for solid-state batteries include developments from companies like Guoxuan High-Tech and QuantumScape, indicating a strong momentum in the industry [3]

再看固态电池方向，昨日回流后，今日集体退潮，大分歧后资金回流固态动能不足，可留意接下来固态 电池相关会议。若无新利好催化，今日部分抄底主力可能会离场。人气核心金龙作为固态风向标，今日 回落，午后迅速拉升也难改颓势，作为抱团核心，留意其支撑力度。明日若能水下整理后重新走强，则 还有动能继续抱团；否则就要边打边撤。前排选手大东南（002263）开盘走强登顶后，主力选择提前离 场，下午再起二波也无力登顶，作为前排选手，若明日不能回风走强，短时间将失去主导地位，之后会 反复消化整理，接下来是冲高离场的机会。 最后看半导体方向，消息面利好催化，配合业绩增长驱动，这个方向细分领域众多，包括PCB、CPU、 封测、光刻机等。今日开局顺利，一度有多股登顶，然而随后分化回落，部分主力开始出逃，后续以轮 动为主，板块梯队不断有新人出现，7月份有成为主线的潜质。前排选手好上好（001298）今日爆量烂 板，尾盘一度回落，明日大概率低开，若竞价能水上平开，实现弱转强，那么存储芯片方向还有持续 性，接下来以轮动为主，后手接力需更大勇气，非信仰选手谨慎参与。人气选手中京电子（002579）虽 然近日表现平淡，但对板块未形成全面冲击，整体 ...

Group 1 - The A-share market showed a strong performance in certain sectors such as banking, electricity, chemical pharmaceuticals, and fiberglass, while software development, internet services, batteries, and auto parts lagged behind [1] - Long-term capital inflow into the market is accelerating, with a steady increase in ETF size and continuous inflow of insurance funds, providing significant support [1] - The Federal Reserve's decision to maintain interest rates in June introduces uncertainty regarding future rate cuts, which could significantly boost global risk appetite if clear signals are released [1] Group 2 - The A-share market exhibited a clear divergence in style, with strong performance in dividend stocks despite adjustments in previously strong sectors like solid-state batteries, stablecoins, and military industry [2] - The market is expected to continue its oscillation in the short term, with structural opportunities in specific themes, while caution is advised against chasing high-performing sectors and stocks [2] - The medium-term outlook for the A-share market appears positive, with expectations of continued upward trends supported by financial policies for high-quality development and anticipated interest rate cuts by the Federal Reserve [2]

1.国家发改委消息，根据近期国际市场油价变化情况，按照现行成品油价格形成机制，自2025年7月1日24时起，国内汽、柴油价格每吨分别上涨235元和225元。 重要的消息有哪些 模塑科技：获外饰件产品项目定点，预计总销售额12.36亿元。 2.国务院新闻办公室将于2025年7月3日（星期四）上午10时举行新闻发布会，请文化和旅游部副部长卢映川、国家广电总局副局长刘建国、中央广电总台副台长王 晓真、中国人民抗日战争纪念馆馆长罗存康介绍中国人民抗日战争暨世界反法西斯战争胜利80周年主题展览和推出优秀文艺作品、文艺活动有关情况，并答记者 问。 3.7月1日晚，上交所官网信息显示，禾元生物IPO申请当天通过上交所上市审核委员会审议，这是科创板第五套上市标准重启后，首家成功过会的IPO企业。 4.7月1日，国家医保局、国家卫生健康委印发《支持创新药高质量发展的若干措施》。其中提出，支持医保数据用于创新药研发。加强医疗、医保、医药三方信息 互通与协同，做好医保数据资源管理，推动医保领域公共数据资源利用。在确保数据安全、合法合规的基础上，探索为创新药研发提供必要的医保数据服务。依托 全国统一的医保信息平台，做好疾病谱、临床用 ...

固态电池因高能量密度和高安全性优势加速产业化突破。 固态电池相关港股： 龙蟠科技（02465）：公司全资子公司江苏三金锂电科技有限公司涉及固态电池三元前驱体的开发工 作，目前仍处于研发试用阶段，部分前驱体材料已小批量送样到头部企业并通过客户测试，但暂未对外 销售产生收入，对公司整体业绩暂不构成重大影响。 赣锋锂业（01772）：公司已形成固态电池全链路布局，覆盖硫化物电解质及原材料、氧化物电解质、 金属锂负极等关键环节。公司同步推进硅基与锂金属负极双路线，其中400Wh/kg电池循环寿命突破800 次并完成工程验证；首款500Wh/kg级10Ah产品实现小批量量产。硅基体系实现320-450Wh/kg产品梯度 布局，其中320Wh/kg电芯循环寿命突破1000次。公司将充分发挥上下游产业一体化协同优势，持续加 大研发力度，推动固态电池商业化进程，促进能源转型与产业升级。 天齐锂业（09696）：公司已完成下一代固态电池关键原材料硫化锂产业化相关支持工作，累计与十余 家下游客户进行打样。目前公司硫化锂产品暂未量产，但公司已完成硫化锂产业化相关工艺、设备开发 及验证，已形成完整的产业化数据包，将使公司拥有硫化锂快 ...

Group 1 - Major stock indices are approaching upper limits, but pressure remains manageable, suggesting a combination of medium to long-term strategies for investors [1][13] - The U.S. stock market showed mixed results with the Dow Jones up by 0.91% and the Nasdaq down by 0.82%, indicating volatility in large tech stocks [3][2] - The manufacturing PMI in the U.S. increased slightly from 48.5 to 49.0, indicating stabilization in manufacturing activity, although it remains in contraction territory [3] Group 2 - The Central Financial Committee emphasized the need for a unified national market, focusing on quality improvement and orderly competition among enterprises [4] - The domestic fuel prices for gasoline and diesel were raised, with an increase of 235 yuan and 225 yuan per ton respectively, impacting consumer costs [4] Group 3 - He Yuan Bio's IPO passed review, marking the first company to use the new fifth set of listing standards on the Sci-Tech Innovation Board, which aims to enhance inclusivity and adaptability in the market [5] - The U.S. Senate passed a comprehensive tax and spending bill, which may influence market dynamics and investor sentiment [6] Group 4 - Various electric vehicle manufacturers reported their June delivery figures, with significant year-on-year growth for companies like Xiaopeng Motors (224%) and Li Auto [7][8] - The overall performance of the new energy vehicle sector indicates a robust market with companies like BYD achieving sales of 382,600 units in June, up from 341,700 units the previous year [7] Group 5 - Jinlitai has been placed under delisting risk warning, with its stock name changed to "*ST Jin Tai," indicating potential financial distress [9] - Newland has established a subsidiary in the U.S. and obtained an MSB license, aiming to expand its global payment services [10] - Lakala announced plans for a share reduction by its major shareholder, Lenovo Holdings, which may affect market perception [11] - Baichuan Co.'s chairman is under investigation, but the company's operations remain normal, indicating potential governance risks [12]

早 报 精 选 1、 习近平主持召开中央财经委员会第六次会议强调：纵深推进全国统一大市场建 设，推动海洋经济高质量发展。 2、泰国总理佩通坦被停职。 3、光伏玻璃或正酝酿新一轮联合减产。 4、油价今起上调，加满一箱油将多花9元。 5、重启后首单来了，科创板第五套标准企业禾元生物过会。 宏 观 新 闻 1、 中共中央总书记、国家主席、中央军委主席、中央财经委员会主任习近平7月1日 上午主持召开中央财经委员会第六次会议，研究纵深推进全国统一大市场建设、海洋 经济高质量发展等问题。习近平在会上发表重要讲话强调，建设全国统一大市场是构 建新发展格局、推动高质量发展的需要，要认真落实党中央部署，加强协调配合，形 成推进合力。推进中国式现代化必须推动海洋经济高质量发展，走出一条具有中国特 色的向海图强之路。 2、商务部副部长兼国际贸易谈判副代表凌激7月1日会见阿联酋阿布扎比发展控股公 司首席财务官马科斯·德·夸德罗斯。凌激表示，中国扎实推进高质量发展，加快培育 新质生产力，绿色化、数字化、智能化转型提速，信息技术、新能源、生物医药、先 进制造等新兴产业加快发展，外国投资者在华可以尽展优势和能力。马科斯·德·夸德 罗斯表示 ...

Core Viewpoint - Beijing Lier, a leading refractory materials company, is undergoing a strategic transformation towards a dual business model of "refractory materials + emerging technology" under the leadership of Chairman Zhao Wei, focusing on AI chips and silicon-carbon anodes [1][2]. Strategic Iteration - The company is shifting from a single business focus to a dual-track approach, recognizing the need for a composite growth system that combines traditional industries with emerging technologies to address cyclical challenges in the steel industry and global technological changes [1][2]. - Zhao Wei emphasizes that the investment in Shanghai Xiwang and Lianchuang Lithium Energy is a strategic decision to enter the intelligent manufacturing and new energy sectors, which are seen as golden opportunities [2]. Forward-looking Layout - Beijing Lier has invested 200 million yuan in Shanghai Xiwang, focusing on AI chip development, which is characterized by its original technology, resource integration capabilities, and adaptability to specific industrial applications [2][3]. - The company plans to develop specialized AI models tailored for manufacturing processes, enhancing efficiency in energy consumption and equipment management [2][3]. Material Revolution - The investment in Lianchuang Lithium Energy reflects Beijing Lier's insight into the new energy materials market, particularly the potential of silicon-carbon anodes to overcome limitations in traditional graphite anodes for battery technology [3][4]. - Lianchuang Lithium Energy is working on a vertically integrated approach to address production challenges in silicon-carbon anode manufacturing, with plans to increase production capacity to 50,000 tons per year within three years [3][4]. Future Layout - Beijing Lier is pursuing a comprehensive technological transformation across its entire industry chain, focusing on both domestic and international market expansion in refractory materials while also securing upstream resource control [4][5]. - The company is developing smart refractory materials that incorporate sensors for real-time monitoring of furnace operations, showcasing innovation within traditional manufacturing [4][5]. - The strategic vision includes continuous collaboration with quality enterprises and research institutions in the AI chip and silicon-carbon anode sectors to drive technological innovation and industry upgrades [5].

华盛锂电分析师会议 调研日期：2025年07月01日 调研行业：化学制品 参与调研的机构：东方财富证券、中哲物产、启赋资本、同巨投 资等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START SHIL ...

明日主题前瞻 1、海洋经济 | 据新华社，中央财经委员会第六次会议于今日上午召开，会议研究纵深推进全国统一大市场建设、海洋经济高质量发展等问题。会议指出， 推动海洋经济高质量发展，要加强顶层设计，加大政策支持力度，鼓励引导社会资本积极参与发展海洋经济。要做强做优做大海洋产业，推动海上风电规范 有序建设，发展现代化远洋捕捞，发展海洋生物医药、生物制品，打造海洋特色文化和旅游目的地，推动海运业高质量发展等。 点评：根据《2024年中国海洋经济统计公报》，2024年全国海洋生产总值首次突破10万亿元，占2024年国内生产总值7.8%，产业规模上，海洋经济具备广 阔的空间，是驱动经济增长的重要模块。海洋经济对GDP的拉动作用达11.5%，已成为驱动经济增长的新引擎。政府报告在新质生产力部分首次提及"深海科 技"，为海洋经济注入新内涵。天风证券认为，深海科技与商业航天、低空经济并列，有望获得较高速发展，尤其是在深海装备、深海探索等核心科技领 域。 2、固态电池 | 据人民网，中国科学院青岛能源所开发出兼具高导电率，高耐水性，柔软性好的新型硫化物固体电解质，有望解决全固态电池固-固物理界面 接触不良的难题。同时，新型高熵 ...