本周（12月22日至26日）三大指数均累计上涨，沪指涨1.88%，深证成指涨3.53%，创业板指涨3.9%。 板块方面，商业航天概念持续爆发，机器人、锂电板块走势活跃。 | | | 哥指数表现 12.22-12.26 | | | | | --- | --- | --- | --- | --- | --- | | 指数 | 周五涨跌幅 | 周五收盘点数 | 周五成交额(亿元) | 近一周涨跌幅 | 年初至今 | | 上证指数 | 0.10% | 3964 | 8936 | 1.88% | 18.26% | | 深证成指 | 0.54% | 13604 | 12665 | 3.53% | 30.62% | | 北证50 | 0.35% | 1463 | 211 | 1.19% | 40.97% | | 科创20 | -0.24% | 1346 | 452 | 2.85% | 36.09% | | 创业板指 | 0.14% | 3244 | 5713 | 3.90% | 51.47% | | F班50 | 0.41% | 3045 | 1009 | 1.37% | 13.43% | | 沪深300 | 0.32% ...

本周，商业航天概念表现出色，多只股连续涨停，上证指数走出了8连阳。在周五晚，国际黄金、白银、铜飙升，再创历史新高。其中伦敦现货白银、 钯、铂金一日大涨10%左右。 在每日经济新闻App举办的掘金大赛中，第80期比赛于12月15日开赛以来，多位选手跑步入场，取得不错的收益。目前商业航天概念可能步入高潮，A股 涨价题材能否站上风口？参赛高手怎么看呢？今日他们做了一些分享。 大赛为模拟炒股，模拟资金50万元。掘金大赛第80期比赛的报名时间为12月13日到12月31日，比赛时间为12月15日到12月31日。每期比赛结束，正收益 就获现金奖励！报名就拿福利！冲刺月度积分王大奖！ 每期比赛的税前现金奖励为：第1名奖励688元，第2~4名奖励188元/人，第5~10名奖励88元/人，其余正收益选手均分500元正收益奖。月度积分王的税前 现金奖励为：第1名奖励888元，第2~4名奖励288元/人，第5~10名奖励188元/人，第11~30名奖励68元/人，第31~100名奖励18元/人。 目前，上证指数走出了新一波上升浪，为便于参赛选手提高交易胜率，只要成功报名掘金大赛，就能获得每日经济新闻App私人订制的"火线快评"6个交 ...

每经编辑｜吴永久 本周，商业航天概念表现出色，多只股连续涨停，上证指数走出了8连阳。在周五晚，国际黄金、白银、铜飙升，再创历史新高。其中伦敦现货白银、 钯、铂金一日大涨10%左右。 在每日经济新闻App举办的掘金大赛中，第80期比赛于12月15日开赛以来，多位选手跑步入场，取得不错的收益。目前商业航天概念可能步入高潮，A股 涨价题材能否站上风口？参赛高手怎么看呢？今日他们做了一些分享。 大赛为模拟炒股，模拟资金50万元。掘金大赛第80期比赛的报名时间为12月13日到12月31日，比赛时间为12月15日到12月31日。每期比赛结束，正收益 就获现金奖励！报名就拿福利！冲刺月度积分王大奖！ 目前，上证指数走出了新一波上升浪，为便于参赛选手提高交易胜率，只要成功报名掘金大赛，就能获得每日经济新闻App私人订制的"火线快评"6个交 易日的免费阅读权限。此外，每期比赛结束收益率前10名选手将获赠"火线快评"10个交易日使用权限，两个参赛福利可叠加。"火线快评"是达哥携团队研 发的跟市场紧密贴合的产品之一，它包含最新的热点事件、行业的投资逻辑和相关的公司分析。 此外，为方便选手了解有价值的信息，与高手交流市场热点和投资技 ...

Group 1 - Daya Intelligent and Zhenray Technology have been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [1][2][3] - Daya Intelligent reported a revenue of 206 million yuan for the first three quarters of 2025, a decrease of 26.89% year-on-year, and a net profit of -70.98 million yuan, indicating a loss compared to the previous year [2] - Zhenray Technology achieved a revenue of 302 million yuan for the first three quarters of 2025, a year-on-year increase of 65.76%, and a net profit of 101 million yuan, reflecting a significant growth of 598.09% [4] Group 2 - Zhenray Technology's stock price has surged over 290% this year, closing at 138 yuan per share on December 26, with a total market capitalization of 29.5 billion yuan [4] - The actual controller and chairman of Zhenray Technology, Yu Faxin, was previously subjected to detention measures but has since been released and is now able to fulfill his duties [3][4] - Daya Intelligent's main revenue sources are from smart distribution and photovoltaic businesses, specifically focusing on distributed photovoltaic power stations for commercial rooftops [2]

Group 1 - Daya Intelligent and Zhenray Technology have been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [2][4][6] - Daya Intelligent reported a revenue of 206 million yuan for the first three quarters of 2025, a decrease of 26.89% year-on-year, and a net profit attributable to shareholders of -70.98 million yuan, indicating a shift from profit to loss [4] - Zhenray Technology achieved a revenue of 302 million yuan for the first three quarters of 2025, a year-on-year increase of 65.76%, and a net profit of 101 million yuan, reflecting a significant growth of 598.09% [7] Group 2 - Zhenray Technology's stock price has surged over 290% this year, closing at 138 yuan per share on December 26, with a total market capitalization of 29.5 billion yuan [7] - The actual controller and chairman of Zhenray Technology, Yu Faxin, was previously subjected to detention measures but has since been released and is able to resume his duties [6][7] - Daya Intelligent's main revenue sources are from smart distribution and photovoltaic businesses, specifically focusing on distributed photovoltaic power stations for commercial rooftops [4]

Group 1 - Daya Intelligent and Zhenray Technology have been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [1][2][3] - Daya Intelligent reported a revenue of 206 million yuan for the first three quarters of 2025, a decrease of 26.89% year-on-year, and a net profit attributable to shareholders of -70.98 million yuan, indicating a shift from profit to loss [2] - Zhenray Technology achieved a revenue of 302 million yuan for the first three quarters of 2025, a year-on-year increase of 65.76%, and a net profit of 101 million yuan, reflecting a significant growth of 598.09% [4] Group 2 - Zhenray Technology's stock price has surged over 290% this year, closing at 138 yuan per share on December 26, with a total market capitalization of 29.5 billion yuan [4] - The company specializes in the research, production, and sales of integrated circuit chips and microsystems, with applications in various fields including data chains and wireless communication [4] - Daya Intelligent's main revenue sources are from smart distribution and photovoltaic businesses, specifically focusing on distributed photovoltaic power stations for commercial rooftops [2]

Group 1 - The National Venture Capital Guidance Fund has officially launched, focusing on cutting-edge fields such as artificial intelligence, biopharmaceuticals, quantum technology, and 6G, with a lifespan of 15 to 20 years to match the long-term R&D needs of hard technology [2] - The fund aims to leverage a substantial fiscal investment to mobilize trillions in social capital, with at least 70% of investments directed towards seed and early-stage companies [2][3] - The fund operates as a "fund of funds," delegating decision-making to regional funds, which enhances efficiency and separates government guidance from market operations [2] Group 2 - Japan's new fiscal year budget is set at approximately 122.3 trillion yen (about $786 billion), marking a 6.3% increase from the previous year's budget [4] - The government plans to issue around 29.6 trillion yen in new bonds to support this budget, with a slight reduction in reliance on debt issuance [4][5] - The budget focuses on social security, debt repayment, and defense spending, reflecting the increasing financial pressures due to an aging population and rising costs [4][5] Group 3 - China's civil aviation sector is projected to achieve a record high of 770 million passenger trips in 2025, a 5.4% increase from 2024 and a 16.6% increase from 2019 [6] - The average economy class ticket price is expected to drop by 2.9% to 740 yuan, indicating a strategy of "price for volume" among airlines [6][7] - Despite the increase in passenger numbers, the low ticket prices are compressing profit margins, raising concerns about the sustainability of this pricing strategy [7] Group 4 - The robot rental market is experiencing explosive growth, with daily rental prices for basic intelligent robots dropping to around 200 yuan, while more advanced models range from 2,000 to 5,000 yuan [8] - The demand for robot rentals is high, with bookings extending into February, but prices are fluctuating significantly [8] - The market for humanoid robots is still in its early stages, and broader applications are needed for significant growth [9] Group 5 - The price of tomatoes has surged, with retail prices in many regions exceeding 10 yuan per jin, reflecting a nearly 71.9% year-on-year increase [10] - Adverse weather conditions have impacted supply, leading to higher prices during a seasonal transition period [10] - The demand for tomatoes is expected to rise further as the New Year and Spring Festival approach, maintaining upward pressure on prices [10] Group 6 - A report from Visa indicates that 28% of American adults would be pleased to receive cryptocurrency as a gift, with this figure rising to 45% among Gen Z [11] - Nearly half of shoppers have utilized AI tools for shopping tasks, highlighting the growing integration of technology in consumer behavior [11][12] - The rising inflation has made cryptocurrency a more appealing gift option, reflecting a shift in consumer preferences towards asset-based gifts [11] Group 7 - The LOF market has seen significant volatility, with multiple funds experiencing rapid price fluctuations, indicating potential irrational trading behavior [13] - The recent surge in silver prices has created arbitrage opportunities in the LOF market, but the risks associated with such trading strategies are evident [13] - The complexity of LOF products and the lack of transparency can lead to vulnerabilities for ordinary investors [13] Group 8 - The stock market experienced a slight increase, with the Shanghai Composite Index rising by 0.1% amid a volatile trading session [14] - Market sentiment showed signs of recovery after a brief dip, although many stocks turned from gains to losses [14] - The trading volume was substantial, indicating active market participation despite the fluctuations [14]

Core Viewpoint - The stock of Shandong Daye Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days from December 24 to December 26, 2025, as per the regulations of the Shanghai Stock Exchange [2][3]. Group 1: Stock Trading Abnormality - The company's stock price deviation accumulated over 20% during the specified trading days, indicating abnormal trading activity [2][3]. - The company confirmed that there are no undisclosed significant matters or important information that could affect the stock's trading fluctuations [2][4]. Group 2: Company Operations and Major Events - The company's production and operational status is normal, with no significant changes in the internal or external business environment [4]. - There are no major undisclosed matters from the controlling shareholder or actual controller that could influence the stock's trading [4]. Group 3: Clarification on Related Concepts - The company made a financial investment in Hubei Sanjiang Aerospace Jiangbei Machinery Engineering Co., Ltd. for RMB 59.998 million, acquiring a 4.216% stake, but this investment has minimal impact on the company's performance [5]. - The company is also associated with humanoid robot concepts; however, its main business remains focused on the research, production, and sales of tire wire, steel cord, and rubber hose wire, with no substantial revenue from robot tendon products yet [5].

12月26日，臻镭科技、ST长园、大烨智能三家公司公告称，涉嫌信息披露违法违规被中国证监会立 案。 ST长园（600525.SH，股价3.8元，市值50.11亿元）公告称，公司于当日收到中国证监会下发的《立案 告知书》，因公司涉嫌信息披露违法违规，中国证监会决定对公司立案。目前公司生产经营正常，将积 极配合调查，并及时履行信息披露义务。 公司官网显示，ST长园是一家专注于工业与电力系统智能化、数字化研发、制造与服务的科技型产业 集团。现有员工超8000人，在中国设有16个产业园区，并在美国、芬兰、意大利、越南等国家设有20余 家海外分/子公司及办事处。2002年在上海证券交易所上市。 大烨智能：涉嫌信息披露违法违规被中国证监会立案 大烨智能（300670.SZ，股价8元，市值25.35亿元）公告称，公司于当日收到中国证监会下发的《立案 告知书》，因公司涉嫌信息披露违法违规，根据相关法律法规，中国证监会决定对公司立案。立案调查 期间，公司将积极配合中国证监会的各项工作，并履行信息披露义务。目前，公司生产经营正常，上述 事项不会对公司的正常生产经营活动产生重大影响。 臻镭科技：公司被证监会立案 臻镭科技（6882 ...

Major Announcements - Daye Co., Ltd. states that its robotic tendon products are not yet in mass production and have not generated substantial revenue [9] - Shandong Road and Bridge's subsidiary won a construction project for the Yiyuan to Zoucheng expressway with a total bid price of approximately 94.02 billion yuan [14][15] - ST Chang Pharmaceutical's stock will be subject to a delisting risk warning starting December 29, 2025, due to negative net assets and false reporting in annual reports from 2021 to 2023 [8] Company Specific Updates - Yongding Co., Ltd. clarifies that it does not directly manufacture controllable nuclear fusion devices but provides materials for the winding of magnetic coils; its revenue from related activities is less than 1% of total revenue and is currently unprofitable [1] - Reascend Technology reports that it has no current orders for high-silicon oxide fiber products, and future order acquisition is highly uncertain; revenue from aerospace-related products is only about 0.5% of total revenue [2] - China Duty Free Group's subsidiary won a bid for the Beijing Capital International Airport duty-free project with a guaranteed operating fee of 480 million yuan for the first year [3] - XWANDA's subsidiary is involved in a lawsuit with a claim amount of approximately 2.314 billion yuan related to quality issues in battery cells delivered between June 2021 and December 2023 [4] - Zhejiang Rongtai plans to establish a joint venture in Thailand with Weichuang Electric to develop mechatronic systems for smart robots [5] - Defu Technology extends the deadline for acquiring shares in a Luxembourg copper foil company to January 9, 2026 [6][7] - Xinke Mobile states that its revenue from satellite internet is minimal and does not significantly impact overall performance [10] - Daya Intelligent received a notice from the China Securities Regulatory Commission regarding an investigation into information disclosure violations [11] Investment and Financial Updates - Guangdong Construction's subsidiary signed a framework agreement for a green methanol project with an estimated total investment of about 6 billion yuan [13] - XCMG Machinery's controlling shareholder plans to increase its stake by no less than 80 million yuan [18] - ST Guohua's major shareholder increased its stake to 26% without triggering mandatory tender offer obligations [19] - ST Zhanggu's stock will resume trading on December 29, 2025, following a capital increase from a restructuring plan [20] - Tianchuang Fashion's controlling shareholder will change to Anhui Xianrui, with stock resuming trading on December 29, 2025 [21]