Wind数据显示，近一个月内，370家A股公司推出回购增持计划。其中，252家公司推出回购股份计划， 回购金额上限合计达681.94亿元；118家公司的重要股东拟增持，增持金额上限合计约456.10亿元。 频现大额回购计划 顺丰控股发布回购进展公告，民丰特纸控股股东增持计划实施完毕，科大国创公告称取得金融机构股票 回购贷款承诺函……5月7日，超过120家A股公司发布回购增持相关公告。 基于对公司和市场发展的信心，多家上市公司的大股东推出增持公司股份计划，其中能源领域的央企表 现尤为突出。 近一个月，有18家上市公司相继推出超10亿元规模的"大手笔"回购方案，彰显出其对自身发展前景的坚 定信心。 在这一轮回购热潮中，宁德时代一马当先。公司发布公告，计划使用不低于40亿元且不超过80亿元的自 有或自筹资金，通过集中竞价交易方式回购部分普通股A股股份。这一回购金额在此轮回购热潮中位列 榜首。 徐工机械拟回购金额紧随其后。4月8日，公司公告称，拟使用不低于18亿元且不超过36亿元的自有资 金、自筹资金以集中竞价交易方式回购公司股份，回购价格不超过13.00元/股。截至4月30日，徐工机 械已累计回购公司股份2.23亿 ...

雪天盐业（600929）公告，控股股东湖南盐业集团计划在2025年4月23日起的12个月内增持公司股份， 增持总金额不低于1.5亿元，不高于3亿元。湖南盐业集团已获得建设银行的贷款承诺函，贷款额度为不 超过2.7亿元，且不超过增持金额上限的90%。贷款期限不超过3年，专项用于增持雪天盐业股票。增持 资金来源包括自有资金和专项贷款。公司将及时披露相关信息以维护投资者权益。 ...

Market Overview - The A-share market continued to rise, with the ChiNext index increasing by over 1.65%, while total trading volume decreased to 1.32 trillion yuan compared to the previous day [1][4] - The Federal Reserve maintained the federal funds target rate at 4.25-4.50%, aligning with market expectations, and kept the balance sheet reduction pace unchanged [2][3] Federal Reserve Insights - The Fed's recent meeting indicated a cautious stance on monetary policy adjustments, with market expectations for three rate cuts this year in July, September, and December [1][2] - Powell highlighted the uncertainty surrounding tariffs and its impact on inflation and growth, suggesting a wait-and-see approach [2] Central Bank Actions - As of the end of April, China's gold reserves reached 73.77 million ounces (approximately 2,294.51 tons), marking a month-on-month increase of 70,000 ounces (about 2.18 tons) for the sixth consecutive month [2] - The continuous increase in gold reserves reflects concerns over global economic uncertainty and risks associated with the US dollar [3] Sector Performance - In the A-share market, the telecommunications, defense, and power equipment sectors led the gains, with increases of 2.60%, 2.57%, and 1.62% respectively [4] - Conversely, the beauty care, non-ferrous metals, and steel sectors experienced declines of 0.96%, 0.43%, and 0.38% respectively [4] Trading Data - The market's trading volume was reported at 1,321.94 billion yuan, showing a decrease from the previous trading day [5] - The margin trading balance rose to 1,808.746 billion yuan, indicating an increase compared to the prior day [5]

Group 1 - As of April 2025, China's foreign exchange reserves reached $328.17 billion, an increase of $41 billion from March, representing a growth rate of 1.27% [1] - The increase in foreign exchange reserves is attributed to currency revaluation and asset price changes, with the U.S. dollar index (DXY) falling by 4.6% to 99.5 in April, leading to appreciation of non-U.S. currencies [2] - The People's Bank of China, along with financial regulatory bodies, has introduced a series of financial policies to support market stability, which is expected to contribute to a balanced international payment and stable foreign exchange reserves [3] Group 2 - The central bank has increased its gold reserves for the sixth consecutive month, reaching 7.377 million ounces by the end of April, with a month-on-month increase of 70,000 ounces [4] - The current gold reserves amount to $243.6 billion, accounting for 7.4% of the foreign exchange reserves, which is an increase of 0.3 percentage points [4] - The diversification of international reserve assets is progressing steadily, as indicated by the record high proportion of gold reserves [5]

青岛啤酒：拟收购山东即墨黄酒厂100%股权 青岛啤酒公告称，公司拟从新华锦集团有限公司、山东鲁锦进出口集团有限公司处受让其合计持有的山 东即墨黄酒厂有限公司100%股权，相关对价为6.65亿元和价格调整期损益金额之和。交易完成后，山 东即墨黄酒厂有限公司将成为青岛啤酒的全资子公司，纳入公司合并报表范围。 西部黄金：拟现金收购新疆美盛100%股权 西部黄金公告称，公司拟以自有资金和贷款收购控股股东新疆有色金属工业（集团）有限责任公司（以 下简称新疆有色）持有的新疆美盛矿业有限公司（以下简称新疆美盛）100%股权。新疆美盛拥有新源 县卡特巴阿苏金铜多金属矿项目，自被新疆有色收购以来未开展生产经营活动。本次交易旨在帮助公司 获取优质探矿权并解决可能存在的潜在同业竞争问题。 海南发展：拟收购网营科技51%股权 海南发展公告称，公司与网营科技控股股东、实际控制人袁震星、付元元夫妇签订《收购意向协议》， 拟通过现金方式收购网营科技51%股权，预计交易金额不超过4.5亿元。本次交易完成后，网营科技将 成为海南发展的控股子公司。 每经记者｜范芊芊 每经编辑｜魏官红 并购重组 回购增持 东方证券：已回购1561.1万元公司A股 ...

聚焦美联储利率决议！央行连续6月增持黄金，长期软支撑是否有效？行情后续如何演绎？立即观看超 V推荐官Jason的讲解，直播间可领取超V9.9元体验包>>> 相关链接 ...

从分红金额看，2024年全年（含中期及年报分红）浙江辖区上市公司拟分红总额达1010.73亿元，同比 增长2.84%，首次突破千亿元大关；平均股利支付率43.35%，较上年提升1.75个百分点，超出全国同期 平均水平2.96个百分点。其中，分红金额超1亿元的公司达183家，较去年增长10.24%，显示出规模企业 的持续分红能力。 从分红连续性看，浙江辖区上市公司展现出良好的分红韧性。数据显示，连续3年及以上实施现金分红 的公司达314家，占比64.08%；连续5年及以上分红企业246家，占比50.50%；连续10年及以上坚持分红 的达96家，占比19.59%。越来越多企业通过制度化、规范化的分红政策，建立起稳定的投资者回报预 期，体现出主动分红意识的显著增强。 回购增持形成组合效应 本报讯 （记者冯思婕）随着2024年年报披露收官，上市公司现金分红话题持续引发投资者关注。数据 显示，浙江辖区上市公司在投资者回报方面持续加力，现金分红覆盖范围与股利支付水平实现"双提 升"，整体呈现出量质齐升的良好态势。 分红规模首破千亿元大关 覆盖广度与分配力度同步增强 同花顺（300033）数据显示，在浙江辖区披露2024年 ...

随着2024年年报披露结束，上市公司现金分红成为投资者关心的热点。证券时报记者从浙江证监局获 悉，辖区上市公司回报投资者力度持续加大，现金分红覆盖面和股利支付率实现"双提升"。 业内人士指出，不少公司今年的分红金额创下上市以来新高，上市公司今年经营状况改善，呈现相对积 极的走势，是公司积极分红的关键。 浙江上市公司2024年现金分红总额创新高 在新"国九条"等政策引导下，A股市场常态化分红机制逐渐形成，其中2024年浙江上市公司现金分红总 额创新高，首次突破1000亿元。 此外，浙江辖区上市公司积极开展回购增持，主动维护公司价值。据数据统计，2024年辖区上市公司实 施回购210余亿元，同比增长74.51%；控股股东、董监高等重要股东实施增持超60亿元，同比增长达 96.34%。回购增持已成为上市公司加强市值管理、提升公司投资价值的有力工具。 业内人士分析，A股上市公司积极分红，不仅有利于吸引更多长期投资者，增加市场的资金流入，提高 市场的活跃度和流动性，改善市场环境，同时也能推动市场从注重短期炒作向长期价值投资转变，引导 投资者更加关注公司的基本面和长期盈利能力，从而有助于投资者培养长期投资的习惯，提高市场 ...

2025 年 05 月 07 日 政策推动+市场行为：回购增持规模 大幅增长 联系人 牟瑾瑾 (8621)23297818× mujj@swsresearch.com ——上市公司回购增持月度跟踪（2025 年 4 月） 相关研究 《回购增持涌现，央企极具配置价 值》 2025/04/10 证券分析师 牟瑾瑾 A0230524100002 mujj@swsresearch.com 陆灏川 A0230520080001 luhc@swsresearch.com 王雪蓉 A0230523070003 wangxr@swsresearch.com 王胜 A0230511060001 wangsheng@swsresearch.com 研究支持 牟瑾瑾 A0230524100002 mujj@swsresearch.com 本研究报告仅通过邮件提供给 中庚基金 使用。1 ⚫ 2024 年 9 月 24 日，国务院举行新闻发布会，央行行长潘功胜宣布创设两项结构性货币 政策工具，以支持资本市场稳定发展。2025 年 5 月 7 日，国务院新闻发布会宣布将这两 项工具总额度 8000 亿合并使用，并优化申请细节，极大提升工 ...

Core Viewpoint - The People's Bank of China (PBOC) has announced a series of macro monetary policy measures aimed at addressing structural economic issues and stimulating domestic demand through targeted financial support [1][2][3]. Group 1: Interest Rate Adjustments - The PBOC has lowered the structural monetary policy interest rate by 0.25 percentage points, reducing it from 1.75% to 1.5% for various special structural policies and from 2.25% to 2% for mortgage supplementary loans [2][3]. - This marks the first comprehensive reduction of structural monetary policy tool rates by the PBOC, which includes long-term tools like agricultural and small business re-loans as well as short-term tools for carbon reduction and housing support [3][4]. Group 2: New Policy Tools - A new re-loan tool of 500 billion yuan has been established to support service consumption and elderly care, aimed at encouraging banks to increase credit support in these sectors [5][6]. - This new tool is an expansion and upgrade of the previous inclusive elderly care re-loan policy, which initially had a quota of 40 billion yuan and was piloted before being rolled out nationwide [8][9]. Group 3: Increased Quotas for Existing Tools - The quotas for two existing structural monetary policy tools have been increased by 300 billion yuan each: the quota for technology innovation and technical transformation re-loans has risen from 500 billion yuan to 800 billion yuan [10][11]. - The increase in quotas for agricultural and small business re-loans is expected to enhance support for inclusive finance, particularly for rural, small, and private enterprises [14]. Group 4: Optimization of Existing Tools - The PBOC has merged the quotas of two tools—stock repurchase and securities, fund, and insurance company swap convenience—totaling 800 billion yuan to improve usability and flexibility for different types of institutions [15][16]. - As of now, the swap convenience has conducted two operations totaling 105 billion yuan, and over 500 listed companies have announced the use of loans for stock repurchases, amounting to nearly 300 billion yuan [17].