国家发改委等部门发布2026年"两新"政策，支持个人消费者的汽车报废更新和汽车置换更新提供补贴，购买新能源乘用车补贴车价的12%，高于燃油车的补 贴。 近期，金固股份关注度暴涨，主要是金固股份的投资逻辑在逐渐得到市场的认可，金固股份从传统的汽车零部件公司向新材料平台型公司转型，从企业利润 增长来看，公司转型初见成效。金固股份2025年前三季度的营业收入30.86亿元，同比增长6.9%，归母净利润0.42亿元，同比增长29.77%，而且毛利率稳中 有升，说明公司的产品结构有更优的升级。 金固股份的新产品阿凡达铌微合金低碳车轮，相比传统的车轮，具有高强度、轻量化、低成本、降碳等优点，阿凡达车轮已经得到了国内外的新能源汽车龙 头企业的认可，2026年有望加速放量，增厚企业利润。 阿凡达铌微合金的材料性能已经延伸到其他应用场景，能够替换铝合金、钛合金、钢材等材料，阿凡达铌微合金的成本远低于铝合金，铝价目前2.2万元/ 吨，阿凡达材料基材是钢加入铌等合金，价格参考最近钢价3300元/吨左右，在美联储降息周期内，有色金属价格持续涨价，铝价上涨会使阿凡达铌微合金 的性价比更有吸引力。 该政策刺激新车消费，利好汽车行业的发展 ...

Group 1 - The core viewpoint of the article highlights the establishment of the Fujian (Xiamen) Social Security Science and Technology Innovation Equity Investment Fund, which has successfully passed the registration with the Asset Management Association of China, marking the official launch of a strategic partnership among the Fujian Province, Xiamen City, and the National Social Security Fund Council [1] - The initial scale of the Fujian (Xiamen) Social Security Science and Technology Innovation Fund is set at 20 billion yuan, utilizing a "dual-layer, joint management" structure [1] - The fund will focus on key sectors such as artificial intelligence, high-end manufacturing, new energy, new materials, biomedicine, and new-generation information technology, aligning with national industrial policies and local development strategies [1]

Group 1 - The establishment of the "China International Science and Technology Promotion Association Mother Fund Branch" aims to enhance the role of mother funds in China's capital market, promoting the flow of social capital towards innovative and entrepreneurial enterprises [1][19]. - The Fujian (Xiamen) Social Security Science and Technology Innovation Fund has been officially launched with an initial scale of 20 billion, focusing on key sectors such as artificial intelligence, high-end manufacturing, and new energy [3][4]. - The fund will adopt a "dual-layer, joint management" structure to align with national industrial policies and local development strategies, aiming to leverage more social capital for technological innovation [5]. Group 2 - Guotai Haitong's first S Fund has been successfully established with a scale of 300 million, focusing on strategic emerging industries and providing diversified investment products [6]. - The fund will utilize various investment models to actively engage in the primary market, enhancing the company's product line and expanding its business scope [6]. - The establishment of the fund represents a significant step in revitalizing existing assets and providing innovative investment options for investors [6]. Group 3 - Tai Blue New Energy has completed a B+ round financing of over 400 million, which will accelerate the industrialization of solid-state battery products and enhance R&D investment [9][10]. - The company aims to leverage its breakthroughs in solid-state battery technology to meet the growing demand in various markets, including electric vehicles and energy storage [9][10]. - The global solid-state battery market is projected to reach 116.3 billion by 2030, with significant growth expected in the Chinese market [10]. Group 4 - The second phase of the Wujiang District Talent Special Fund has been officially registered with a scale of 1 billion, aimed at supporting technological innovation and talent development in strategic emerging industries [11][12]. - The fund will focus on sectors such as artificial intelligence, semiconductors, and intelligent manufacturing, aligning with local industrial development strategies [11][12]. Group 5 - Yuexiu Industrial Fund has made a strategic investment in Guangzhou Baiyunshan Hanfang Modern Pharmaceutical Co., focusing on the modernization of traditional Chinese medicine [15][16]. - The investment aligns with the fund's strategy to support biopharmaceutical industry development and enhance the integration of resources in the sector [15][16]. Group 6 - Beijing Tiangong Biao Quantum Technology Co., Ltd. has completed an A round of financing, which will be used to advance the development of high-end atomic force microscopes and accelerate domestic replacement processes [18]. - The company focuses on key technology breakthroughs and has achieved 100% localization of core components, positioning itself as a leader in the field [18].

Group 1 - The core focus of the meeting in Tianhe District is the planning of over 500 major projects with a total investment scale exceeding 800 billion yuan, aiming for fixed asset investment to surpass 90 billion yuan in 2026, achieving a continuous increase of 10 billion yuan annually for three consecutive years [1][3] - In 2025, fixed asset investment in Tianhe District is expected to reach a new level of 80 billion yuan, with 16 road projects completed and an additional 5 projects partially completed, adding 30.64 kilometers of new road [3] - The district plans to focus on building a "12126" modern industrial system, with a forward-looking layout in quantum computing and new materials, and aims to promote 203 major industrial projects with an annual investment plan of 67 billion yuan [3] Group 2 - The investment strategy includes a gradient development of strategic industrial clusters, consisting of 16 projects at the 10 billion yuan level, 22 at the 5 billion yuan level, and 65 at the 1 billion yuan level [3] - Key projects under construction include the China Artificial Intelligence (Guangzhou) Industrial Park, China People's Insurance Guangzhou International Financial Center, and a new urban landmark integrating high-end industries, cultural leisure, and public spaces [3]

格隆汇1月6日｜华泰证券研报指出，新和成是全球营养品和香精香料领先企业，蛋氨酸/维生素/ PPS等 多产品销售额全球前五，并具备一体化/规模化和技术优势。公司基于人类/动物营养、香精香料及特种 工程材料等新兴需求增量，前瞻布局，并筑牢技术根基。伴随蛋氨酸/香精香料全球份额提升和生物制 造/新材料破局，公司迈入新成长周期。该行认为市场过度关注维生素周期波动的影响，对蛋氨酸/香精 香料等成长潜力和公司全球竞争优势，以及新兴业务成长性投资价值有所忽视。考虑蛋氨酸/香精香料 等持续放量，略微上调25-27年归母净利润预测，上调目标价至38.24元（上调49%），上调至"买入"评 级。 ...

Core Viewpoint - Ningbo Jialian Technology Co., Ltd. is experiencing growth in its stock performance and is positioned to benefit from trends in biodegradable plastics, 3D printing, and cross-border e-commerce [1][2]. Company Overview - Ningbo Jialian Technology specializes in the research, production, and sales of plastic products, biodegradable products, and plant fiber products, with a revenue composition of 84.41% from plastic products, 14.25% from biodegradable products, and 1.34% from other sources [7]. - The company was established on August 7, 2009, and went public on December 9, 2021 [7]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.865 billion yuan, representing a year-on-year growth of 8.25%. However, the net profit attributable to the parent company was a loss of 73.81 million yuan, a decrease of 209.95% year-on-year [8]. - As of September 30, 2025, the company had 6,828 shareholders, an increase of 15.61% from the previous period, with an average of 20,195 circulating shares per person, a decrease of 11.47% [8]. Market Position and Strategy - The company is a leading player in the global plastic dining utensils manufacturing industry, with 70.47% of its sales coming from exports as of 2021, primarily to developed regions such as North America, Europe, and Oceania [2][3]. - The company has also expanded its online market presence through cross-border e-commerce platforms [2]. Production Capacity and Expansion - The company has established a significant overseas production capacity in Thailand, which includes production lines for 3D printing materials, plastic dining utensils, and plant fiber products [3]. - The company is focusing on the research and application of PLA materials and has made early investments in the consumer-grade FDM materials and products sector [2]. Stock Performance - On January 6, the company's stock rose by 1.37%, with a trading volume of 148 million yuan and a turnover rate of 4.87%, bringing the total market capitalization to 4.323 billion yuan [1].

Group 1: Major Projects and Investments - The Tianhe District of Guangzhou plans to initiate over 500 major projects with a total investment exceeding 800 billion yuan, aiming for fixed asset investment to surpass 900 billion yuan by 2026, achieving a consistent annual increase of 100 billion yuan for three consecutive years [1] - In 2025, the district will focus on "projects as the priority," targeting a new milestone of 800 billion yuan in fixed asset investment, with significant achievements in urban transportation, including the completion of 16 road projects and the addition of 30.64 kilometers of new roads [1] - The district aims to enhance investment quality and structure, focusing on modern industrial systems and future industries such as quantum computing and new materials, with plans for 203 major industrial projects to commence early, targeting an annual investment of 670 billion yuan [1] Group 2: Infrastructure and Urban Development - The planning and preliminary work for the Ma Chang land parcel is progressing efficiently, set to become a new urban landmark integrating high-end industries, cultural leisure, and public spaces [2] - Tianhe District is accelerating the construction of 210 infrastructure projects, including municipal roads, new energy systems, and digital infrastructure, while implementing a "three-step" land reserve strategy to overcome land use bottlenecks [2] - The district is also expediting the construction of 22 ongoing projects and aims to start 18 new projects, enhancing both major traffic arteries and local circulation [2] Group 3: Social Welfare Projects - Tianhe District is advancing 77 social welfare projects, including educational and medical facilities, to ensure timely completion, alongside urban renewal projects aimed at improving community living conditions [3] - The district is implementing the "Hundred-Thousand-Ten Thousand Project" to accelerate the renovation of old neighborhoods and community upgrades [3]

Group 1 - The core viewpoint is that the commercial aerospace industry is entering a rapid development phase driven by policy support, which will significantly boost the carbon fiber market [1] - The National Space Administration's action plan aims for a highly efficient and collaborative commercial aerospace ecosystem by 2027, indicating substantial growth in the industry [1] - The carbon fiber composite market in commercial aerospace is expected to double in size within five years, with annual demand projected to increase from hundreds of tons to thousands of tons [1] Group 2 - China's actual carbon fiber consumption is expected to reach 96,446 tons in 2025, representing a year-on-year increase of 71.89%, primarily driven by the wind power and aerospace sectors [1] - Companies that can consistently supply high-performance products are gradually regaining pricing power, as evidenced by price increases announced by Toray Industries and Jilin Chemical Fiber, ranging from 10% to 20% [1] - The high-end carbon fiber industry is anticipated to enter a new phase of high-quality growth due to improved supply-demand dynamics and accelerated technological breakthroughs [1] Group 3 - The New Materials 50 ETF (159761) tracks the New Materials Index (H30597), focusing on representative listed companies in advanced materials, strategic materials, and cutting-edge new materials [1] - The index primarily covers sub-sectors such as chemicals and non-metallic metals, emphasizing companies with high technical barriers, strong growth potential, and innovative capabilities [1]

Market Performance - The Hang Seng Index (HSI) rose by 8 points or 0.03% to close at 26,347 points, after fluctuating between a low of 26,256 points and a high of 26,445 points during the day[1] - The Shanghai Composite Index increased by 54 points or 1.4%, closing at 4,023 points, with a total trading volume of 1.07 trillion yuan[2] - The S&P 500 Index gained 43 points or 0.6%, reaching a new high of 6,902 points[2] Currency and Economic Indicators - The RMB/USD central parity rate was adjusted up by 58 points to 7.0230[2] - The ISM Manufacturing PMI for December fell to 47.9, marking the lowest level since October 2024, and below the market expectation of 48.3[3] Corporate Developments - China National Airlines sold 108 million shares of Cathay Pacific at a price of 12.22 HKD per share, a 6.6% discount to the closing price, raising approximately 1.32 billion HKD[5] - Chifeng Jilong Gold Mining expects a net profit of 3 to 3.2 billion RMB for 2025, an increase of 70%-81% year-on-year, driven by a 49% rise in gold product prices[5] - Hon Hai Precision Industry reported a 22% year-on-year increase in Q4 revenue to 2.6 trillion TWD (approximately 82.6 billion USD), exceeding analyst expectations[6]

（文章来源：北京商报） 1月6日，广东金融监管局发布《关于支持我省保险业高质量发展助力广东在中国式现代化建设中走在前 列的指导意见》（以下简称《指导意见》）。《指导意见》提出，强化保险服务制造强省。围绕广东建 设具有国际竞争力的现代化产业体系目标，聚焦制造业重点产业链，强化对重点产业、重点产品、重点 集群、重点企业保险保障服务。在做好广东传统产业保险保障服务升级的基础上，加大对新能源、新材 料、商业航天等战略性新兴产业集群和新能源车船、集成电路、新型储能、医药和医疗器械、无人机和 无人船等新兴产业的保险支持力度。加大保险服务低空经济力度，围绕低空飞行基础设施和智能网联系 统建设、低空飞行器重点制造产业、低空飞行运用场景等重点，开发全产业链、全链条、全场景保险产 品和服务。优化新能源汽车保险服务，探索开发智能驾驶责任保险产品，支持广东新能源汽车产业发 展。 ...