此次股价的异动或源于公司同日发布的投资者关系活动记录表。中科金财在与机构投资者的线上会议表 示，公司在稳定币相关的业务场景、技术储备及团队建设方面积累深厚。公司计划参照银行与科技公司 合作的模式，在满足合规要求的前提下，与银行共同探索稳定币业务，并利用合作方的全球资产与业务 场景拓展稳定币应用。 6月3日，中科金财（002657.SZ）股价盘中快速拉升，并一度触及涨停。截至当日收盘，中科金财股价 报收23.76元/股，日内涨幅达7.9%。 对于是否计划申请香港稳定币牌照，上述接线人员表示，需关注后续公告。 公司官网显示，中科金财成立于2003年12月，专注于AGI、WEB3.0、数字人民币、数据要素核心技术 研发，致力于推动产业数字化转型。公司于2012年2月28日在深圳证券交易所上市。 近年来中科金财业绩承压。财报显示，2024年中科金财扣非归母净利润亏损0.61亿元，已连续八年亏 损；2025年一季度，营收虽同比增长41.38%至1.75亿元，但扣非归母净利润同比下滑28.41%，仍亏损 0.4亿元，盈利能力仍待修复。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 针对市场反应， ...

Core Viewpoint - The company has shown steady revenue growth in Q1 2025, with a significant increase in profits, particularly driven by its gaming business and advancements in digital technology and data elements [1][2]. Revenue and Profit Summary - In 2024, the company's revenue reached 3.097 billion yuan, reflecting a year-on-year growth of 0.61%, while the net profit attributable to shareholders was 512 million yuan, a decrease of 22.84% [2]. - For Q1 2025, the company reported a revenue of 706 million yuan, marking a year-on-year increase of 4.16%, and a net profit of 144 million yuan, which is a substantial year-on-year growth of 44.86% [2]. Gaming Business Performance - The gaming segment has shown stable growth, with the "边锋掼蛋" app becoming the first of its kind in China to surpass one million daily active users [3]. - The company continues to explore the integration of culture and technology within its gaming business [3]. Digital Technology and Data Initiatives - The company is advancing its digital technology initiatives, including the 富春云IDC business and the Zhejiang Big Data Trading Center, which has achieved full coverage in the province [3]. - The digital marketing business has seen rapid growth, with revenues reaching 775 million yuan in 2024, a year-on-year increase of 130% [3]. Future Earnings Projections - The company expects EPS for 2025, 2026, and 2027 to be 0.53, 0.59, and 0.65 yuan respectively, with a target price of 14.84 yuan based on a 28x dynamic PE for 2025 [2].

Core Viewpoint - Data elements are increasingly recognized as a core production factor of new quality productivity, with significant multiplier effects and innovation engine roles [1][2]. Group 1: Company Involvement and Achievements - Desheng Technology has actively participated in the construction of the Guangzhou Data Exchange (Tianhe) service area, contributing to the government's goal of creating a data element aggregation hub and promoting the regional digital economy strategy [1]. - The cumulative transaction amount of the Guangzhou Data Exchange (Tianhe) service area has exceeded 1 billion yuan, accounting for over 50% of the total data transaction volume in Guangzhou [1]. - As of May 2025, the transaction amount in the service area is expected to surpass 280 million yuan, with 41 transactions recorded [1]. Group 2: Strategic Initiatives and Ecosystem Development - In 2024, Desheng Technology successfully won the bid for the "Guangzhou Data Exchange (Tianhe) Service Area Operation Service" project and was selected as one of the first batch of data element enterprises in Guangzhou [2]. - The company aims to build an integrated data ecosystem by combining "data elements" with "assisting regional data ecosystem development," providing comprehensive services for data circulation and transaction [2]. - The service area is designed to activate the potential of data elements through innovative services, offering full-cycle growth support for enterprises, including product refinement, market promotion, financing connections, and international certification [2]. Group 3: Recognition and Future Plans - Desheng Technology received the world's first "ISO 55013 Data Asset Management System Certification" by the end of 2024, establishing its leading position in data asset management [3]. - This certification signifies the company's professional strength and industry status in data asset management, recognized by international organizations [3]. - The company plans to efficiently integrate data resources, participate in the registration and governance of local public data resources, and promote the collaborative development of national "data supermarkets" and local "service areas" to fully unleash the value of data elements [3].

Core Insights - The article discusses how small and medium-sized enterprises (SMEs) in China are adapting to survive in a challenging economic environment characterized by a shift to a "stock economy" and the need for collaborative ecosystems [1][2]. Group 1: Survival Strategies in the Stock Economy - The transition to a "5% growth era" and the peak of internet traffic dividends have fundamentally disrupted traditional business logic, leading to a 42% year-on-year increase in customer acquisition costs for SMEs, while customer retention rates have fallen below 25% [4]. - The article emphasizes the shift from individualistic business models to collaborative ecosystems as a survival strategy for SMEs [2]. Group 2: Technological Advancements - Advanced technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT) are enabling SMEs to achieve "technological equality" through collaborative alliances, allowing them to share resources and capabilities [6][7]. - The cost of technology investment for participating merchants is reduced to less than one thousand yuan, facilitating access to shared member profiles, smart replenishment systems, and dynamic pricing engines [7]. Group 3: Policy Support - The national "Together to Benefit Enterprises" initiative supports the development of inter-industry alliances, while local government reforms are promoting the digitalization of industrial clusters [8]. - In Suzhou Industrial Park, 37 manufacturing companies formed a "virtual factory" through the platform, increasing equipment utilization from 62% to 89% and reducing order delivery cycles by 40% [8]. Group 4: Ecosystem Development - The company has established a commercial network covering 17 industries and 170,000 merchants within three years, creating a unique digital ecosystem with three core mechanisms: a member value circulation system, an intelligent supply-demand matching engine, and a joint operation empowerment system [9][10][11]. - The member value circulation system allows for cross-store use of loyalty points, increasing annual consumption frequency by 2.3 times and average transaction value by 41% [9]. Group 5: Future Trends - The article outlines three evolutionary trends for inter-industry alliances: transitioning from traffic alliances to value alliances, evolving from commercial alliances to industrial communities, and expanding from domestic alliances to global ecosystems [16][17][18]. - The company has over 9.7 million active registered members and more than 160,000 alliance merchants, indicating significant growth and resource optimization [20]. Group 6: Entrepreneurial Insights - The article advises entrepreneurs to focus on selecting the right business model, particularly for those with merchant resources or those looking to enter the local life service sector [21].

Core Viewpoint - The "Data Element ×" initiative has made significant progress in marketizing and valuing data elements, enhancing their multiplier effect across various industries [2][3][6]. Group 1: Progress and Impact - The "Data Element ×" three-year action plan aims to strengthen demand-driven scenarios, promote high-quality supply of data elements, and facilitate compliant and efficient circulation of data [2][3]. - There is a growing atmosphere of data utilization, with nearly 500 digital technology companies established by central enterprises and about 66% of industry leaders purchasing data [2][3]. - High-value scenarios are emerging, with applications in transportation and emergency management enhancing efficiency and safety through data integration [3][6]. Group 2: Competition and Innovation - The "Data Element ×" competition serves as an innovative platform to promote data utilization across various sectors, with the 2025 competition recently launched [4][5]. - This year's competition emphasizes market-oriented policies, data governance, and the discovery of innovative applications, with new tracks added to encourage creativity [4][5]. - The evaluation of competition outcomes will focus on data governance, practical effectiveness, and open innovation [5]. Group 3: Sector-Specific Applications - The transportation sector's competition will focus on digital transformation of infrastructure and enhancing logistics data connectivity [7]. - The agriculture sector aims to address key production issues through innovative data applications, with ten specific topics set for the competition [7]. - The emergency management sector will explore data applications in safety regulation and disaster monitoring through three specific topics [7][8]. - The healthcare sector's competition will leverage medical insurance data to improve service levels and promote industry development [8].

数据要素市场支撑体系持续深化。全国数据标准化技术委员会近期启动征集六大重点方向标准及技术文 件的验证试点单位，旨在强化数据基础设施支撑能力。地方层面，广东省在《数字广东建设2025年工作 要点》中提出具体举措，包括组建省级数据集团公司、开展数据产权登记试点等，以加速推动数据要素 市场体系化建设进程。 1.国家数据局：正研究制定培育全国一体化数据市场政策文件 5月26日，国家数据局局长刘烈宏围绕培育全国一体化数据市场召开了座谈会。会议强调，国家数据局 正在研究制定培育全国一体化数据市场的政策文件，要结合数据市场发展的新特点，培育数据市场生 态，汇聚各方力量加快数据市场建设。会议提出，要大力推动数据要素市场化价值化，让数据要素价值 加快"显性化"。 南财数据点评：国家数据局已多次部署培育壮大全国一体化数据市场。国家数据局局长刘烈宏此前撰文 表示，2025年将着力培育壮大全国一体化数据市场。其中提出，将细化数据流通交易规则，推动发布数 据流通交易标准示范合同。推进数据资源化和产品化，建立数据产品质量监督管理机制。日前，国家数 据局综合司印发的《数字中国建设2025年行动方案》提出，要以数据要素市场化配置改革为主线， ...

一、证券市场回顾 南财金融终端数据显示，昨日(5月29日,下同)上证综指日内上涨0.7%，收于3363.45点，最高3368.63点；深证成指日内上涨1.24%，收于10127.2点，最高 10139.18点；创业板指日内上涨1.37%，收于2012.55点，最高2016.21点。 二、ETF市场表现 1、股票型ETF整体市场表现 昨日股票型ETF收益率中位数为1.04%。其中按照不同分类，规模指数ETF中易方达创业板中盘200ETF收益率最高，为3.09%；行业指数ETF中华安中证全指 软件开发ETF收益率最高，为3.86%；策略指数ETF中前海开源中证500等权重ETF收益率最高，为1.27%；风格指数ETF中国寿安保国证创业板中盘精选 88ETF收益率最高，为3.05%；主题指数ETF中国泰国证信息技术创新主题ETF收益率最高，为6.41%。 2、股票型ETF涨跌幅排行 昨日股票型ETF涨幅最高的3支ETF及其收益率分别为：国泰国证信息技术创新主题ETF(6.41%)、博时中证金融科技主题ETF(5.9%)、华夏中证金融科技主 题ETF(5.81%)。涨幅前10详情见下表: | 类别 | 代码 | | ...

Group 1 - The "Data Element ×" initiative has effectively released the multiplier effect of data elements, leading to positive progress in the marketization and valuation of data [1] - By the end of 2023, the "Three-Year Action Plan for Data Elements × (2024-2026)" will be issued, indicating a growing atmosphere of data utilization across society [1] - Nearly 500 digital technology companies have been established by central enterprises, with approximately 66% of industry leaders having purchased data, reflecting an increasing enthusiasm for data development and utilization [1] Group 2 - High-value scenarios have emerged, demonstrating the empowering role of data elements, with applications expanding in practical scenarios [1] - In the industrial sector, leading enterprises have reduced high-end product development cycles and procurement delivery cycles by over 30%, and inventory cycles have decreased from 3 months to 1 month through data integration [1] - In agriculture, data empowerment has led to a 5.5% increase in crop yield for some planting enterprises, while marine farming enterprises have seen a 5.3-fold increase in marine biological resources [1] Group 3 - The 2025 "Data Element ×" competition has been launched, featuring 13 industry-specific tracks and a separate open innovation track [2] - This year's competition emphasizes data governance more than in previous years, encouraging creativity and innovative applications across all industries and regions [2] - New departments, including the Ministry of Human Resources and Social Security, the Ministry of Housing and Urban-Rural Development, the People's Bank of China, and the All-China Federation of Trade Unions, have joined the competition committee to promote the use of public data [2]

Group 1 - *ST Jinguang (600190) will be subject to mandatory delisting due to major violations, with trading suspension starting from May 30, 2025 [2] - The company was found to have inflated profits through false trade activities and misreporting, with inflated profits of 36.10 million yuan in 2022, 68.09 million yuan in 2023, and 15.38 million yuan in Q1 2024 [2] - The stock will enter a delisting transition period for 15 trading days after the delisting decision, followed by a five-day period before being officially delisted [2] Group 2 - Central state-owned enterprises (SOEs) are accelerating market value management, with several companies releasing market value management systems [4] - Local and enterprise-level efforts are expected to enhance the pace of market value management, particularly for low-priced and low-market-cap companies, by the second half of 2025 [4] - 16 potential stocks have been identified based on criteria of stock price below 8 yuan and market capitalization below 8 billion yuan [5] Group 3 - Jishi Media, a local state-owned enterprise, is focusing on strategic emerging industries and digital transformation to enhance its asset scale and profitability [5][6] - The company reported a revenue of 499 million yuan in Q1, a year-on-year increase of 23.14%, marking the highest growth rate since its listing [7] - The company is actively collaborating on digital infrastructure projects to boost its capabilities in various sectors [6] Group 4 - Two potential stocks, Liyuan New Energy and ST Chenming, have seen continuous institutional buying over the past two years, with significant net purchases recorded [8] - Liyuan New Energy focuses on wind and solar power generation, with a notable increase in social security fund holdings [8]

【头条要闻】 美上诉法院恢复实施特朗普政府关税政策 新华社华盛顿5月29日电（记者 熊茂伶 刘亚南）美国联邦巡回上诉法院29日批准特朗普政府的请求，暂 时搁置美国国际贸易法院此前做出的禁止执行特朗普政府依据《国际紧急经济权力法》对多国加征关税 措施的行政令的裁决。 联邦巡回上诉法院在裁决书中说，美国政府关于立即实施行政中止的请求已获批准，在本法院审议相关 动议文件期间，美国国际贸易法院在这些案件中作出的判决和永久性禁令将暂时中止，直至另行通知。 点评：特朗普政府早些时候向该上诉法院表示，如果禁止关税执行的裁决不能被迅速暂停，政府将最早 于30日向最高法院寻求紧急帮助。 摩根大通苏文杰：外资对中国资产已重新高配 "外国投资者对于中国市场的信心正在恢复，部分已经回到中性的看法，有些则已经重新调整为高配。 我仍然看好中国市场的表现。在亚太地区内，我们认为中国和印度市场都将维持上升的态势。"日前， 摩根大通亚太区股票研究部主管苏文杰（James Sullivan）在接受上海证券报记者专访时表示。 从AI大模型应用，到人形机器人、半导体，苏文杰认为，中国科技股的"价值重估"浪潮并未中断。此 外，中国消费，尤其是服务型消 ...