Summary of Key Points from Conference Call Records Industry or Company Involved - **Industry**: Investment and Venture Capital, Shipping and Logistics, Technology (Solid-State Batteries) - **Companies Mentioned**: 电广传媒 (Electric Broad Media), 力合科创 (Lihua Technology), 南京港 (Nanjing Port), 国航远洋 (China National Aviation Ocean), 宁德时代 (CATL), and others Core Points and Arguments 1. **Policy Changes for Guangdong-Hong Kong-Macao Greater Bay Area**: The central government has allowed companies listed on the Hong Kong Stock Exchange to also list on the Shenzhen Stock Exchange, creating historic opportunities for venture capital firms [4][5] 2. **Investment Opportunities in Venture Capital**: The optimization of the "fundraising, investment, management, and exit" process is expected to accelerate the investment cycle in venture capital, enhancing the efficiency of capital turnover and increasing performance certainty [5][6] 3. **Shipping and Logistics Market Trends**: The Shanghai Export Container Freight Index for European routes increased by 29.5% to 162.81 points as of June 9, 2025, indicating strong demand for shipping services [3] 4. **Impact of External Factors on Market**: The performance of the market indices is influenced by external factors such as the performance of 宁德时代 (CATL) and the US stablecoin market, which have shown significant volatility [2][3] 5. **Emerging Themes in the Market**: Current market themes include innovative pharmaceuticals, commercial aerospace, and media, with a noted lack of strong core stocks in these areas [2] Other Important but Possibly Overlooked Content 1. **Performance of Specific Stocks**: Companies like 国航远洋 (China National Aviation Ocean) and 南京港 (Nanjing Port) have shown significant stock price increases of 29.94% and 10.02% respectively, indicating strong market interest [13] 2. **Solid-State Battery Developments**: The upcoming Solid-State Battery Conference in June 2025 is expected to showcase advancements in battery technology, which could influence the future of the energy sector [7] 3. **Venture Capital Fund Performance**: 电广传媒 (Electric Broad Media) has a total fund size of 50 billion yuan, with over 750 investments and 290 successful exits, highlighting the firm's active role in the venture capital landscape [6] 4. **Market Sentiment**: Despite a general downturn in the market, there are signs of resilience with only a few stocks hitting their daily limit down, suggesting that investor sentiment may still be cautiously optimistic [2] This summary encapsulates the critical insights from the conference call records, focusing on the implications for the investment landscape, shipping industry trends, and emerging technologies.

Core Viewpoint - The solid-state battery technology is emerging as the next frontier in battery innovation, driven by the limitations of liquid batteries and the increasing demand for higher energy density and safety [1][2]. Industry Overview - The solid-state battery sector is gaining traction, with significant interest from large capital investors following the introduction of new national standards for power batteries in April [2]. - Recent industry events, such as the Solid-State Battery Summit and the International Solid-State Battery Technology Conference, are expected to stimulate market interest and investment [2]. Company Analysis - **Li Yuanheng**: Recognized as a concept pioneer in solid-state battery equipment, but faces challenges with production speed and delivery. The company reported a significant loss of 1 billion in 2024 and is undergoing internal restructuring due to talent loss [3][4]. - **Xian Dao Intelligent**: A leader in traditional liquid lithium battery equipment, claims to have full solid-state production capabilities. However, it relies on imported core equipment and has faced quality issues, leading to extended order fulfillment timelines [3][4]. - **Hai Mu Xing**: The first company to deliver solid-state battery equipment and achieve commercial validation of its technology. It has a strong competitive edge with proprietary lithium metal interface treatment technology and has secured over 10 billion in orders [4][5]. Market Dynamics - The market has misjudged the capabilities of Li Yuanheng and Xian Dao Intelligent, which are currently under scrutiny for their technical and production capabilities. In contrast, Hai Mu Xing's early industrialization advantage positions it favorably despite short-term performance pressures [5]. - The solid-state battery industry is expected to follow a pattern of "equipment first, materials follow, vehicle deployment," with a predicted peak in equipment bidding between 2025 and 2026 [6]. Companies with mature production capabilities and core technology are likely to lead the upcoming industry upgrade and benefit from significant valuation premiums [6].

智通财经6月11日电，指数走强，创业板指拉升涨逾1.00%，沪指涨0.31%，深成指涨0.65%。稀土永 磁、固态电池、汽车产业链等方向涨幅居前，沪深京三市上涨个股近3200只。 创业板指涨逾1% 上涨个股近3200只 ...

重要的消息有哪些 6月11日（周三）申购提示 新股方面，新恒汇申购代码301678，发行价12.80元/股，申购上限1.40万股。 投资有风险，申购需谨慎。 1．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》。意见部署，统筹推进教育科技人才体制机制一体改革，推进金融、技术、 数据等赋能实体经济高质量发展，建设更高水平开放型经济新体制，健全科学化、精细化、法治化治理模式。意见明确，在更高起点、更高层次、更高目标上深化 改革、扩大开放，创造更多可复制、可推广的新鲜经验，更好发挥深圳在粤港澳大湾区建设中的重要引擎作用和在全国一盘棋中的辐射带动作用，为全面建设社会 主义现代化国家作出贡献、提供范例。 2．国务院新闻办公室将于2025年6月12日（星期四）上午10时举行新闻发布会，请国家发展改革委副主任李春临，广东省委常委、常务副省长张虎，深圳市委副书 记、市长覃伟中和科技部有关负责人介绍《意见》有关情况，并答记者问。 3．当地时间6月10日，中美经贸磋商机制首次会议进入第二天。会议从上午开始，在午餐后继续进行。 4．6月9日，中国国新、中国诚通两家国有资本运营公司在银行间市场成功发行395亿 ...

镇江东方电热科技股份有限公司 证券代码：300217 证券简称：东方电热 镇江东方电热科技股份有限公司投资者关系活动记录表 编号：2025-004 | | □特定对象调研□分析师会议 | | --- | --- | | 投资者关系活 | □媒体采访 □业绩说明会 | | 动类别 | □新闻发布会 □路演活动 | | | □现场参观 ☑其他线上交流 | | 参与单位名称 | 中信证券、华泰证券、浙商证券等 31 家券商，鹏华基金、富国基金、广发 | | 及人员姓名 | 基金、国寿安保等 66 家投资机构的基金经理/研究员参会，详见附件清单。 | | 时间 | 2025 年 6 月 10 日 | | 地点 | 线上会议 | | 上市公司接待 | 谭伟东方电热实控人、董事长、总经理 | | | 史经洋东方电热副总经理兼董事会秘书、温擎智控董事 | | 人员姓名 | 郑进军江苏华智&温擎智控总经理 | | | 风险提示：本次调研涉及未来计划、预测、预计、目标等均不构成本 | | | 公司对任何投资者及相关人士的实质承诺。投资者及相关人士均应对此保 | | | 持足够的风险认识，并应当理解计划、预测、预计及目标与承诺之 ...

冠盛股份 20250610 摘要 冠盛股份通过提升 SKU 和拓展品类，长期维持约 16%的年化收入增长 指引。北美收入占比小，马来西亚产能增加，关税风险影响有限。AM 客户对价格敏感度低于 OEM 客户，更易分担关税影响。 新能源汽车底盘件更换需求高于传统燃油车，推动售后需求增长。冠盛 股份在售后市场拥有 100 多种品类，通过增加新产品实现年化增长。 冠盛股份与吉林东驰合作成立冠盛东驰，专注聚合物路线固态电池，具 备高安全性、长循环次数、高能量密度等优势，下游覆盖储能系统、电 动船舶等领域。 冠盛股份已与固态电池行业内核心客户达成供货及战略合作意向，预计 2026 年实现 2GWh 产能，显著贡献收入并提升估值。 预计冠盛股份 2025 至 2027 年总收入分别为 49 亿、59 亿和 73 亿， 对应归母净利润分别为 3.75 亿、4.67 亿和 5.79 亿，保持约 25%的利 润增长。 冠盛股份通过持续拓展新产品超越行业增速，实现稳定收入增长。ToC 端产品毛利率高于 ToB 端产品，售后市场零部件盈利稳健提升。 固态电池业务将显著提升冠盛股份估值，下游应用包括户储、工商业储 能、人形机器人及低空 ...

Company Focus - Dongfang Electric Heat signed a strategic cooperation agreement with Xiaomi's subsidiary Shanghai Zhishi to actively develop robotic electronic skin [2] - Beizhi Technology reached a strategic cooperation intention with Xingdong Jiyuan to collaborate on humanoid robots in intelligent logistics scenarios [2] - Chengdu Huamei launched a 4-channel, 12-bit, 16G high-speed high-precision RF direct sampling ADC chip, marking a significant breakthrough in high-speed data conversion technology [3] - Vanke A sold 22 million A-share treasury stocks for a total of 146 million yuan, which will help supplement the company's liquidity [4] - Honghe Technology announced that Hefei Ruicheng intends to become the indirect controlling shareholder, with stock resuming trading on June 11 [5] - Fangzheng Technology plans to raise no more than 1.98 billion yuan through a private placement for AI and high-density interconnect circuit board projects [12] Shareholding Changes - Guangting Information intends to acquire 100% equity of Kaima Technology for 360 million yuan [12] - Leidi Ke plans to acquire 51% equity of Yuzhan Precision, focusing on micro-screw technology for key components in robotic dexterous hands [12] Stock Trading Activities - Qu Mei Home's director Wu Nani reduced her holdings by 58,000 shares during the stock trading volatility on June 10 [4] - Jinshi Technology clarified that it has not engaged in any business related to stablecoin concepts despite recent market interest [6][7] - Jin Ying Co. stated it is not involved in solid-state battery business [6] Contracts & Project Bids - Huakang Clean received a bid notification [12]

3、国家发改委召开科技型民营企业座谈会，就编制"十五五"规划听取民营企业意见建议，支持民营企 业在推动科技创新、建设现代化产业体系等方面发挥更加积极作用。 智通财经6月10日晚间新闻精选 1、当地时间6月10日，中美经贸磋商机制首次会议进入第二天。会议从上午开始，在午餐后继续进行。 2、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》，支持深圳深化 无人驾驶航空器飞行管理制度改革创新；建立健全职务科技成果赋权、转化和考核等机制。 5、东风汽车集团有限公司宣布，将支付账期统一至60天内。广汽集团承诺将供应商账期严格控制在60 天以内。中国一汽：将"60天付款"作为所属单位付款期限要求。 6、万科A：首次出售A股库存股2200万股 成交金额1.46亿元。众生药业：在研产品RAY1225注射液临床 试验进度存在不确定性。金时科技：公司暂未开展与稳定币概念相关的业务。三连板金鹰股份：未涉及 固态电池业务。7连板共创草坪：股价非理性波动特征极为显著。5连板易明医药：股份转让协议事项能 否最终实施完成及实施结果尚存在不确定性。 4、市场监管总局就《直播电商监督管理办法（征求意见稿）》公开征求意见 ...

Group 1 - The State Council issued opinions to promote comprehensive reform in Shenzhen, focusing on integrating education, technology, and talent systems to enhance high-quality economic development [3] - The National Development and Reform Commission (NDRC) held a meeting to gather opinions from private technology enterprises for the "14th Five-Year Plan," emphasizing support for innovation and modern industrial systems [5] - The China Iron and Steel Association called for a collective effort to resist "involution" competition in the steel and automotive industries, advocating for a shift from quantity-based to price-based competition [6] Group 2 - The National Energy Administration announced the initiation of hydrogen energy pilot projects to explore diverse development paths and support the entire hydrogen energy supply chain [6] - Six cities in Guangdong signed a cooperation agreement to promote the collaborative development of housing provident funds, enhancing support for housing consumption needs [7][8] - Tencent Music announced a merger agreement with Ximalaya Inc., which will make Ximalaya a wholly-owned subsidiary post-transaction [10]

A股复盘 | 滴！A股满减消费券 / 2025.06.10 今天最热闹得就是莫名其妙的跳水，在没有明显的利空的情况下，A股午后直线 跳水，随后美国三大股指期货也转跌了！ 又到了熟悉的找原因环节！ 一个说量化涉及洗钱，要加强监管 ，不过有一个值得关注的，三大交易所加强程 序化交易监管新规将于7月7日正式实施。 大部分都猜是双方谈崩了， 但我一直觉得不太可能，一是第一轮谈完，特朗普反 馈说"不错"，上午A股根本没有动静，怎么下午就直线跳水了？ 第一轮谈判主要聚焦稀土和出口管制， 大概率是拿芯片出口限制换稀土资源！ 据外媒报道， 美国总统特朗普授权财长贝森特的团队就取消近期对华多种技术及 其他产品销售的限制进行谈判。美国国家经济委员会主任哈西特(Kevin Hassett) 周一早些时候表示，美国团队希望与中国在稀土问题上握手言和，美国方面期望 中方会立即放宽出口管制，并大量释放稀土资源。 第二轮今天下午5点才开始，跳水的时候伦敦是凌晨呢，没谈怎么就崩了？不过 稀土、农业这些防御性板块又动了，真是丈二和尚，摸不着头脑！ 群友分享了一个图片，我看了下视频，特朗普说他的目标是开放中国市场，"我 们想开放中国，也许我们什 ...