Core Viewpoint - On August 13, 2025, Feima International (002210) executed a block trade with a volume of 300,000 shares and a transaction value of 1.02 million yuan, reflecting a premium of 7.26% over the closing price of 3.17 yuan per share [1] Trading Activity - The buyer of the block trade was Ping An Securities Co., Ltd. Beijing Financial Street Securities Business Department, while the seller was China Galaxy Securities Co., Ltd. Dalian Renmin Road Securities Business Department [1] - This transaction accounted for 0.17% of the total trading volume of 608 million yuan on that day [1] - On the same day, Feima International's stock price increased by 0.96%, reaching a high of 3.22 yuan and a low of 3.10 yuan, with a trading range of 3.82% and a turnover rate of 7.26% [1] Financial Metrics - The total market capitalization of Feima International was 8.436 billion yuan [1] - Over the past three months, the stock has seen a total of 8 block trades, with a cumulative transaction value of 9.3281 million yuan [1] - As of August 13, the financing balance for Feima International was 460 million yuan, which increased by 173 million yuan over the past five days, marking a growth rate of 60.28% [1] - During the same period, the stock price rose by 1.28%, but there was a net outflow of 60.5953 million yuan from major funds, totaling a net outflow of 297 million yuan over the last five days [1] Industry Context - Feima International is associated with concepts including the environmental protection industry, Guangdong sector, and green electricity [1] - The company's price-to-book ratio is 16.85 times, while the price-to-earnings ratio is negative [1]

Group 1 - The stock price of Shengyuan Environmental Protection reached 17.99 yuan as of August 13, 2025, with a slight increase of 0.17% from the previous trading day and a trading volume of 0.97 billion yuan [1] - Shengyuan Environmental Protection's main business includes the environmental protection industry, focusing on biomass power generation and green electricity, while actively expanding into taurine-related businesses and the health product line [1] - The company is progressing with its annual production project of 40,000 tons of taurine, having developed multiple "taurine+" products that span the food and health food sectors, with some products already available through online and offline sales channels [1] Group 2 - On August 13, there was a net outflow of 11.2013 million yuan in main funds, with a cumulative net outflow of 21.5155 million yuan over the past five days [2]

Group 1 - The stock price of Hengsheng Energy experienced significant volatility on August 12, reaching a high of 18.29 yuan and a low of 16.25 yuan, with an amplitude of 11.30% [1] - By the end of the trading day, the stock closed at 17.39 yuan, down 3.66% from the previous trading day, with a trading volume of 168,000 hands and a transaction amount of 290 million yuan [1] - Hengsheng Energy operates in the power industry, focusing on investment, construction, and operation management of cogeneration projects, and is involved in green power and hydrogen energy sectors [1] Group 2 - On August 12, the stock price of Hengsheng Energy saw a rapid decline of over 2% within five minutes around 9:35 AM, followed by a quick rebound of over 2% around 11:04 AM [1] - In terms of capital flow, on August 12, the net inflow of main funds was 13.6564 million yuan, accounting for 0.28% of the circulating market value, with a cumulative net inflow of 56.7477 million yuan over the past five trading days, representing 1.17% of the circulating market value [1]

Group 1 - The stock price of Zhaoxin Co., Ltd. closed at 2.32 yuan on August 12, 2025, down by 0.01 yuan, representing a decline of 0.43% from the previous trading day [1] - The company reported a trading volume of 214,600 hands and a transaction amount of 50 million yuan, with a turnover rate of 1.10% [1] - Zhaoxin Co., Ltd. is primarily engaged in fine chemicals and new energy sectors, involving concepts such as power grid equipment and green electricity [1] Group 2 - The company is headquartered in Guangdong and has a total market capitalization of 4.608 billion yuan [1] - Management is closely monitoring the price trends of lithium carbonate and is dynamically assessing the equity matters related to Qinghai Jintai, emphasizing the commitment to fulfill information disclosure obligations [1] - On August 12, the net outflow of main funds was 1.4325 million yuan, while the cumulative net inflow of main funds over the past five days was 7.5837 million yuan [1]

Core Viewpoint - China Three Gorges New Energy (Group) Co., Ltd. is actively engaging in strategic initiatives, including the issuance of public REITs based on its Dalian Zhuanghe III offshore wind power project, which aims to optimize its capital structure and enhance asset liquidity [4][8]. Group 1: Stock Performance - As of August 8, 2025, China Three Gorges New Energy's stock closed at 4.32 CNY, reflecting a 0.23% increase from the previous week [1]. - The stock reached a weekly high of 4.33 CNY and a low of 4.29 CNY during the same period [1]. - The company's current total market capitalization is 123.49 billion CNY, ranking 7th in the power sector and 118th among all A-shares [1]. Group 2: Board Resolutions - The company's board of directors held a meeting on August 6, 2025, where several resolutions were passed, including the approval of the issuance of public REITs based on the Dalian Zhuanghe III offshore wind power project [2][3]. - All resolutions received unanimous support from the board members present, with no votes against or abstentions [2][3]. Group 3: REITs Issuance - The company plans to issue public REITs with the Dalian Zhuanghe III offshore wind power project as the underlying asset, with the company intending to subscribe for 34% of the fund shares [4]. - This issuance is categorized as a related party transaction, as Three Gorges Capital Holdings Co., Ltd. will subscribe for 10% of the fund shares [4]. Group 4: Company Bylaws Revision - The company has revised its articles of association to comply with the latest laws and regulations, including changes to the company name, registered capital, and provisions regarding the controlling shareholder and actual controller [5]. - The revised articles will be submitted for approval at the upcoming shareholders' meeting [5]. Group 5: Upcoming Shareholders' Meeting - The company will hold its second extraordinary general meeting of 2025 on August 22, 2025, to discuss the revised articles of association and amendments to the rules of shareholder and board meetings [6].

Core Viewpoint - Jin控电力's stock price is currently at 3.03 yuan, showing a slight increase of 0.01 yuan from the previous trading day, indicating a stable market performance [1] Company Overview - Jin控电力 is primarily engaged in power production and sales, making it a significant player in the Shanxi province's energy sector [1] - The company operates in areas such as ultra-supercritical power generation and green electricity [1] - The total market capitalization of Jin控电力 is 9.323 billion yuan [1] Financial Performance - On August 5, Jin控电力 experienced a net outflow of main funds amounting to 10.8623 million yuan, with a cumulative net outflow of 24.3550 million yuan over the past five trading days [1] - The current price-to-earnings (P/E) ratio stands at 38.38 times, while the price-to-book (P/B) ratio is 1.56 times [1] Trading Activity - The stock reached a high of 3.03 yuan and a low of 3.01 yuan during the trading session, with a trading volume of 204,100 hands and a transaction amount of 62 million yuan [1]

Company Overview - As of August 4, 2025, the stock price of Yamaton is 21.18 yuan, down by 0.57 yuan or 2.62% from the previous trading day [1] - The opening price on the same day was 21.61 yuan, with a highest price of 21.61 yuan and a lowest price of 21.03 yuan [1] - The trading volume reached 107,300 hands, with a total transaction amount of 228 million yuan [1] Business Operations - Yamaton specializes in the research, production, and sales of photovoltaic glass and components, which are widely used in the solar power generation sector [1] - The company operates within the photovoltaic equipment industry and is also involved in perovskite batteries and green electricity concepts [1] Capital Flow - On August 4, the net outflow of main funds was 30.68 million yuan, accounting for 0.73% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds reached 61.03 million yuan, representing 1.45% of the circulating market value [1]

Report Summary 1. Industry Investment Ratings - Gold: Cautiously long [1] - Silver: Stabilize and test long [1] - Copper: Buy on dips [1] - Zinc: Sell on rallies [1] - Lead: Resistance on rallies [1] - Tin: Resistance on rallies [1] - Aluminum: Under pressure [1] - Nickel: Under pressure [1] - Industrial Silicon: Cautiously bearish [1] - Polysilicon: Cautiously bearish [1] - Lithium Carbonate: Cautiously long [1] 2. Core Views - The weak US data has increased the expectation of interest rate cuts and the risk of stagflation, leading to an inflow of safe - haven funds and a significant increase in gold prices. The long - bull logic of gold remains unchanged in the long term [3][4]. - For copper, short - term supply - demand contradictions are due to seasonal factors and inventory pressure, while long - term contradictions lie in demand uncertainty and potential demand growth. After the non - farm payroll data was disappointing, the dollar index weakened, and copper prices rebounded [8][9]. - Zinc supply is abundant, and demand is weak during the off - season. It is recommended to hold short positions and seize opportunities to short on rallies [10][12]. - Aluminum prices are under pressure due to downstream weakness and inventory accumulation [13][15]. - Nickel prices face pressure due to weak supply - demand and inventory accumulation, and stainless steel also faces over - supply in the off - season [17][19]. - Lithium carbonate inventory has decreased, and with potential supply risks and improved demand, it is recommended to go long on dips [21][23]. 3. Summary by Directory Gold and Silver - **Market Review**: Weak US data increased the expectation of interest rate cuts, and the risk of stagflation reappeared. Safe - haven funds flowed in, causing a significant increase in gold prices [3]. - **Basic Logic**: US data increased the expectation of interest rate cuts; "reciprocal tariffs" are about to take effect; global gold demand is growing strongly. The long - bull logic of gold remains unchanged in the long term [4]. - **Strategy Recommendation**: Pay attention to the support around 770 for gold in the short term. For silver, it has fallen back to the previous range, and it is recommended to enter long positions after stabilization [5]. Copper - **Market Review**: Shanghai copper stopped falling and fluctuated narrowly [8]. - **Industry Logic**: Short - term supply - demand contradictions are related to seasonal factors and inventory pressure. Medium - term contradictions are the coexistence of tight copper concentrate supply and high electrolytic copper production. Long - term contradictions are between demand uncertainty and potential demand growth [8]. - **Strategy Recommendation**: After the non - farm payroll data was disappointing, the dollar index weakened, and copper prices rebounded. It is recommended to buy on dips in the short term and be bullish on copper in the long term. Pay attention to the price range of Shanghai copper [77500, 79500] and LME copper [9650, 9850] [9]. Zinc - **Market Review**: Shanghai zinc fluctuated weakly [11]. - **Industry Logic**: Zinc concentrate supply is abundant, processing fees are rising, and demand is weak during the off - season [11]. - **Strategy Recommendation**: It is recommended to hold previous short positions and take partial profits. Seize opportunities to short on rallies in the long term. Pay attention to the price range of Shanghai zinc [21800, 22600] and LME zinc [2650, 2850] [12]. Aluminum - **Market Review**: Aluminum prices were under pressure, and alumina also showed a downward trend [14]. - **Industry Logic**: For electrolytic aluminum, costs have decreased, inventory has increased, and downstream demand is weak. For alumina, supply is abundant, and inventory is accumulating [15]. - **Strategy Recommendation**: It is recommended to sell on rallies for Shanghai aluminum in the short term and pay attention to inventory changes. The main operating range is [20000 - 20700] [16]. Nickel - **Market Review**: Nickel prices were under pressure, and stainless steel rebounded and then fell [18]. - **Industry Logic**: Nickel supply - demand is weak, and inventory is accumulating. Stainless steel has over - supply issues in the off - season [19]. - **Strategy Recommendation**: It is recommended to sell on rallies for nickel and stainless steel and pay attention to downstream inventory changes. The main operating range for nickel is [118000 - 121000] [20]. Lithium Carbonate - **Market Review**: The main contract LC2509 reduced positions for five consecutive days, with a significant decline in trading volume and a gain of over 1% [22]. - **Industry Logic**: The inventory has stopped increasing, and the supply - demand situation may improve. The compliance risk of mining licenses is a key factor [23]. - **Strategy Recommendation**: There are still expectations of supply speculation. It is recommended to go long on dips in the range of [68000 - 71500] [24].

昨天（8月1日），第十五届全国运动会开幕式迎来倒计时100天，这是粤港澳三地首次联合承办全国性综合运动会，目前，开幕式筹备工作进入了冲刺阶 段。 总台记者刘润泽：我现在位于广州市的广东奥林匹克体育中心，那在今年的11月9日，第十五届全国运动会将在这里举行开幕式，在现场我们可以看到开幕 式的各项准备工作正在有序地进行当中。 目前，开幕式仪式和演出场地的舞台灯光、音效特效、威亚安装等核心工程正全速推进，约5000名群众演员正开展多篇章协同排练，专业演员遴选工作也全 面启动。 据了解，开幕式时长预计90分钟，创意团队将巧妙运用粤语流行歌、港乐金曲、非遗技艺、南派武术等文化符号进行创新表达。同时，借助数字技术、虚拟 现实等创新手段，打造一场"有传统又有潮味"的开幕式。 第十五届全国运动会开幕式副总导演黄沛凌：粤港澳文化一脉相承，同声同气，除了有好的音乐以外，我们也必须要有好的场景，因为广东是我们演出设备 生产的高地，我们会调度最好的音响、灯光设备，在现场营造一个最好的场景，所以我们在现场也专门去营造了一个360度全景声的声场效果，希望让我们 现场8万观众可以欣赏到整个现场最好的场景。 据介绍，第十五届全国运动会的筹办 ...

截至2025年7月30日收盘，电投产融股价报6.77元，较前一交易日下跌1.02%，成交额2.09亿元。 电投产融主营业务涵盖电力投资与金融服务，涉及绿色电力、并购重组等概念。公司在互动平台表示， 目前重大资产重组事项仍在推进中，尚未完成，后续需通过深交所审核及证监会批准，具体完成时间仍 存不确定性。 风险提示：市场有风险，投资需谨慎。 来源：金融界 ...