今日，A股三大指数回调。 盘面上， 蚂蚁金服概念股活跃，正元智慧（300645）午后一分钟内直线拉升，实现"20CM"涨停；A股 油气开采及服务板块表现强势，科力股份"30CM"涨停，通源石油"20CM"涨停。 力生制药日前在深交所互动易平台表示，公司近年来实施内生外引并举战略，通过自主研发、合作开 发、许可引进、CMO孵化等方式，推进高端仿制药、创新药、合成生物学、细胞与基因治疗等业务布 局，向更高价值链延伸。推进"原料药+制剂"一体化，向技术壁垒高、附加值高的特色品种延伸。公司 研发强度持续保持7%以上，研发成果加速涌现。2022年获得批件6个，2023年获得批件4个，2024年获 得批件16个，创历史新高。 力生制药2024年年报显示，公司作为化学制药领域少数中华老字号品牌之一，专注于医药产品研发、生 产和销售，主要产品包括寿比山吲达帕胺片、三鱼氨酚咖匹林片等。 蚂蚁金服概念股活跃 今日，数字货币概念股局部回暖，蚂蚁金服概念股活跃。 正元智慧（300645）午后在一分钟内直线拉 升，实现"20CM"涨停；吉大正元收获"2连板"，协鑫能科一字涨停，金时科技尾盘涨停。 美容护理、互联网电商、影视院线板块回调 ...

Core Viewpoint - The article discusses the recent release of the "Opinions on Deepening Reform and Innovation in Shenzhen's Comprehensive Reform Pilot," which aims to enhance Shenzhen's role as a leading area for reform and opening up in China, building on the achievements of the past five years [1][2][4]. Summary by Sections Comprehensive Reform Pilot Upgrade - The new opinions represent an upgrade to the 2020 comprehensive reform pilot plan, emphasizing the importance of Shenzhen in China's reform and opening up strategy [1][4]. - Shenzhen's GDP is projected to grow from 2.78 trillion yuan in 2020 to 3.68 trillion yuan in 2024, with an average annual growth rate of 5.5% [4]. - R&D investment in Shenzhen increased from 151.1 billion yuan in 2020 to 223.7 billion yuan in 2023, reflecting an annual growth rate of 13.9% [4]. Key Focus Areas of the New Opinions - The opinions focus on four main areas: 1. Integrated reform of education, technology, and talent systems to enhance collaboration between industry and academia [7]. 2. Empowering the real economy through finance, technology, and data, while innovating support mechanisms for emerging industries [7]. 3. Establishing a higher-level open economy system, optimizing trade, and improving personnel mobility [7]. 4. Enhancing governance models to improve public services and resource management [7]. Support for Technological Innovation - Shenzhen is recognized as a hub for technological innovation, with R&D expenditure exceeding 220 billion yuan in 2023, accounting for 6.46% of its GDP [11]. - The new reform pilot aims to integrate reforms across economic, educational, and technological sectors to foster innovation [11][12]. - Specific measures include supporting the transformation of scientific achievements and enhancing the ownership rights of researchers [12]. High-Level Opening Up - Shenzhen's foreign investment enterprises reached 9,738 in 2024, a 21.7% increase, making it the leading city in China for new foreign investments [15]. - The total import and export volume in Shenzhen is expected to reach 4.5 trillion yuan in 2024, with a year-on-year growth of 16.4% [15]. - The opinions outline measures to enhance trade facilitation, support new business models, and promote the use of digital currency in cross-border transactions [16][17].

Group 1: Financial Performance and Challenges - The company's revenue decreased significantly in Q1 2025, prompting efforts to stabilize existing business and cultivate new growth points to reverse operational difficulties [1][3][4] - The company is facing major operational risks due to tight funding, with issues including bad debts from clients and litigation resulting from improper guarantees [2][5][6] - As of now, the company has not received the 20 million yuan from a settlement agreement, impacting cash flow [4][18] Group 2: Legal and Compliance Issues - The company is actively addressing ongoing lawsuits and arbitration cases, with some still pending judgment [2][14][18] - The company has completed internal control rectifications in 2024 and is under continuous monitoring throughout 2025 [1][2] - The company is seeking to remove itself from the SDN list and has engaged legal professionals to assist in this process [15][18] Group 3: Shareholder and Governance Matters - Wuhan Guanggu has become the largest shareholder, holding less than 15% of shares, with no current plans for increasing its stake [3][18] - The company is in the process of appointing new board members, with two candidates nominated for election at the upcoming shareholders' meeting [18] - The actual controller of the company has not changed, and there are no plans for a change in control [6][18] Group 4: Future Outlook and Strategic Initiatives - The company is exploring various asset monetization avenues to maximize asset value and is considering mergers and acquisitions of quality technology assets [5][7][18] - The company is focused on stabilizing its current business operations while seeking new growth opportunities to improve its financial situation [1][3][18] - The company is monitoring the progress of its subsidiary, Kunpeng Payment, regarding its potential IPO, which remains uncertain [12][18]

互联网发展迅速，移动支付开始渐渐兴起，其中更是衍生出了无数的数字货币，数字货币的崛起也正在 悄悄地改变世界格局。而我国也是时刻跟随时代的步伐，加入到了这场金融的大变革中。 正当我国在进行金融新的变革时，身为数字人民币开拓者长姚前却在2024年落网。 关于这位数字人民币的开阔者落网，不免让人唏嘘。为何身居高位的他会落网？而他的落网又会如何改 变我国数字人民币的变革？ 数字人民币开拓者被立案 数字人民币的开拓者姚前于1970年出生于安徽，在之后成绩优异的他考入了在南京大学计算专业，之后 更是取得工学博士学位。 在1997年，完成学业后的姚前进入了我国的证监会，在这期间他了解到了中国金融市场的蓬勃发展，之 后也是多次研发了多项金融技术。 2002年，姚前被调离到中国证券登记，任职该公司的技术开发部总监。 在中证登工作期间，姚前表现良好，带领旗下的团队取得了技术领域巨大的突破。 2010年，姚前被调任到了中国人民银行，他的工作就是研究数字货币技术。 在2014年，我国中央就已经开展了货币数字化的研究，而在这个领域拥有多年研究经验的姚前自然成为 了研究团队的核心成员之一。 在姚前的带领下，我国在数字货币研究所取得了不错 ...

北京商报讯（记者 刘四红）近两日，由中关村金融科技产业发展联盟与中关村互联网金融研究院主办 的"2025中关村论坛系列活动——数字金融与金融安全大会"举行，北京市西城区人民政府副区长郭洁出 席并致辞。 郭洁指出，近年来，随着人工智能技术的不断发展和应用，金融科技正以前所未有的速度重塑着金融业 态，而人工智能作为其核心驱动力，更是为金融行业的安全与发展带来了全新的机遇与挑战。 新监管的新模式和新方法，确保金融科技在合规安全的前提下健康发展。此外，还将加强与金融监管部 门的沟通协调和合作联动，共同构建金融科技创新监管的良好生态。 同时，西城区高度重视金融科技创新，积极搭建创新平台，推动关键核心技术研发和应用。已与多家高 校、科研院所和科技企业建立了紧密的合作关系，共建金融科技联合创新实验室，推动人工智能、大数 据、区块链等新一代信息技术在金融领域的广泛应用。同时还出台了一系列助力企业发展的政策措施， 为金融科技企业的创新成果落地转化提供了有力支持。 此外，西城区在人工智能、量子科技等方面进行了积极探索和实践。"我们依托金科新区这一金融科技 创新核心承载区，积极推动AI技术、量子技术在金融服务中的应用和落地。同时， ...

中央纪委国家监委网站 侯颗 在突出改革的问题导向和落地见效上，《意见》聚焦制约高质量发展的卡点和堵点，推动关联环节协同 放权和协调支持。"比如，围绕当前职务科技成果转化中的分割确权难、考核机制不健全、转化效率低 等关键问题，从赋权、考核、转化三个相互关联的方面深化探索。"李春临举例。 深圳是我国改革开放的前沿阵地，在先行先试和示范引领上发挥着重要作用。"我们充分考虑深圳发展 先行一步、改革场景丰富、率先突破条件好等特点，在制度型开放、科技创新、人才发展、治理模式等 方面，推出了一批探索性举措。比如，先行适用国际贸易电子提单、电子信用证等电子单证，探索依托 电子提单开展抵押融资等业务；加强数字人民币试点应用场景创新，探索央行数字货币在跨境领域的适 用性；深化国际航行船舶相关配套制度改革，为港澳台船员办理社会保险提供便利的经办服务等。"李 春临表示，这些改革任务具有明显的首创性和引领性特点，相关探索将发挥重要的示范带动作用。 6月12日，国务院新闻办公室举行新闻发布会，介绍中共中央办公厅、国务院办公厅印发的《关于深入 推进深圳综合改革试点 深化改革创新扩大开放的意见》有关情况。国家发展改革委副主任李春临表 示，这 ...

Group 1: Market Overview - The total trading volume in the Shanghai and Shenzhen markets reached 1.26 trillion yuan, a decrease of 159.9 billion yuan compared to the previous trading day [2] - Sectors such as rare earth permanent magnets, gaming, automotive parts, and securities saw significant gains, while sectors like controllable nuclear fusion, biological vaccines, communication services, and beverage manufacturing experienced declines [2] Group 2: Notable Stocks - Yiming Pharmaceutical (002826) achieved a limit-up of 9.99%, marking its sixth consecutive trading day of gains, driven by a change in control and diabetes generic drugs [1][2] - Wukuyatu (002878) rose by 9.98%, with a total of five gains over nine days, attributed to digital cultural assets and IP culture [1][2] - Aonlikang (002940) also increased by 9.98%, with seven gains over the past seven days, focusing on innovative drugs and generics [1][2] - Jinying Co. (600232) hit a limit-up of 10.00%, supported by injection molding machines, textile machinery, and lithium batteries, achieving four consecutive gains [1][2] - Chutianlong (003040) saw a limit-up of 10.03%, driven by digital RMB and cross-border payments, with three gains over four days [1][2] Group 3: Institutional Activity - The top three net purchases on the Dragon and Tiger list were from Limin Co. (002734), Chutianlong (003040), and Aonlikang (002940), with net purchases of 166 million yuan, 149 million yuan, and 91.69 million yuan respectively [4] - The top three net sales were from Lianhua Technology (002250), Baili Electric (600468), and Zhi De Co. (603333), with net sales of 289 million yuan, 209 million yuan, and 169 million yuan respectively [5] Group 4: Company Highlights - Limin Co. reported a revenue of 1.211 billion yuan for Q1 2025, a year-on-year increase of 22.28%, with a net profit of 108 million yuan, marking a turnaround due to strong demand and price increases [10] - Aonlikang focuses on innovative drugs and generics, with a recent trading volume of 1.393 billion yuan and a net institutional purchase of 235 million yuan [11][15] - Chutianlong is actively developing a digital RMB smart contract platform, collaborating with multiple organizations to provide integrated solutions for various scenarios [18]

Group 1: Key Recommendations - The report highlights that Haiguang Information (688041.SH) is a core player in the domestic computing chip sector, while Zhongke Shuguang leads in server systems. Their merger will create a closed-loop layout for the computing industry chain, maximizing resource utilization and enhancing industry competitiveness. The projected net profits for Haiguang Information from 2025 to 2027 are estimated at CNY 2.956 billion, CNY 4.314 billion, and CNY 6.153 billion, with corresponding PE ratios of 111.7X, 76.5X, and 53.6X based on the closing price on June 10, 2025 [2][9][10] - Beike-W (2423.HK) is recognized as a leading integrated real estate transaction service platform, with significant advantages in real estate brokerage. The company is expected to benefit from policy support for market recovery, with projected EPS for 2025 to 2027 at CNY 1.58, CNY 1.83, and CNY 2.11, corresponding to PE ratios of 28.7X, 24.8X, and 21.5X. The report gives a "recommend" rating for the stock [2][11][12] Group 2: Company Overview - Haiguang Information is a leading high-end processor design company in China, having developed various high-end processor products widely used in data centers across telecommunications, finance, and internet sectors. Zhongke Shuguang is a leading enterprise in high-end computing, focusing on high-end computers, storage, and data centers. The merger will enable Haiguang Information to achieve a closed-loop layout from high-end chip design to high-end computer systems, enhancing its competitive edge in the industry [8][9][10] - Beike has established a robust position in the real estate brokerage market, with a significant market share in both existing and new home transactions. The company’s "true housing source" standard and ACN network address service quality issues, creating a unique competitive advantage. The projected total transaction volume for 2024 is CNY 3.3 trillion, with net revenue reaching CNY 934.6 billion, marking a historical high [11][12] Group 3: Industry Insights - The computing industry is undergoing a transformation with a focus on domestic chip production and intelligent computing infrastructure. The merger of Haiguang Information and Zhongke Shuguang is expected to accelerate the localization of the computing industry in China, enhancing the overall competitiveness of the sector [8][9] - The real estate market is showing signs of recovery, supported by policy measures. Beike's diversified business model, including home decoration and rental services, positions it well for future growth. The company is expected to leverage its brokerage strength to drive growth in its ancillary services [11][12]

Group 1 - The article discusses the legislative developments regarding stablecoins in the US, contrasting it with the digitalization of the Chinese yuan, and suggests that stablecoins are not intended to undermine the US dollar but rather serve as a currency intermediary [2][4] - Stablecoins, such as USDT and USDC, are private cryptocurrencies pegged to the US dollar at a 1:1 ratio, supported by reserves like cash and government bonds, and they hold a 90% market share in the global stablecoin market, with 30% of cross-border payment transactions [4][5] - The significance of using stablecoins lies in their ability to streamline transactions and reduce fees compared to traditional banking systems, positioning them as a challenge to conventional payment methods rather than a threat to the Federal Reserve [5][7] Group 2 - Stablecoins are seen as a smart design emerging from market economics, bridging digital currencies and the US dollar while facilitating decentralized peer-to-peer transactions and addressing credit issues in a decentralized market [7][9] - The comparison between digital yuan and stablecoins raises questions about stability and credit, with the digital yuan backed by state credit but lacking the decentralized characteristics of stablecoins, which may limit its potential as a global currency [7][9] - The article highlights that if the yuan cannot be freely convertible, it cannot become a true global currency, thus constraining the potential of digital yuan, while stablecoins, backed by the US dollar, may offer more reliability in times of economic crisis [9]

1、两办发文！允许在香港联合交易所上市的粤港澳大湾区企业 按规定在深交所上市 重要程度：★★★★★ 深圳迎重磅文件。为深入推进深圳综合改革试点、深化改革创新扩大开放，中办、国办印发《关于深入推 进深圳综合改革试点 深化改革创新扩大开放的意见》。意见提出： ①建立健全职务科技成果赋权、转化和考核等机制，对转化形成的国有资产保值增值情况试行长周期考 核。探索重大科技基础设施多元化投入和开放共享机制，实施科研设备、耗材等进出境便利化管理； ②支持深圳深化无人驾驶航空器飞行管理制度改革创新，完善低空飞行监管规则，探索开展跨境直升机飞 行、公益服务等通用航空业务； ③允许在香港联合交易所上市的粤港澳大湾区企业，按照政策规定在深圳证券交易所上市； ④加强数字人民币试点应用场景创新，参与多边央行数字货币桥项目研究，探索央行数字货币在跨境领域 的适用性。 2、发改委：支持民企在推动科技创新等方面发挥更加积极作用 重要程度：★★★★ 6月10日，国家发展改革委主任郑栅洁主持召开科技型民营企业座谈会，围绕科学编制"十五五"规划，聚 焦科技创新领域听取意见建议。 参会企业谈到，建议国家在编制"十五五"规划时，更加突出科技创新和产业 ...