公募排排网数据显示，按定增上市日统计，截至2025年12月21日，今年以来共有39家公募机构参与85家 A股公司定增，合计获配金额达340.88亿元，同比增长13.85%。按当日收盘价统计，目前公募定增浮盈 金额达107.42亿元，整体浮盈比例达31.51%。 人民财讯12月22日电，在A股持续围绕科技主线演绎的2025年，部分公募机构调整定增策略，将资金密 集投向硬科技与新兴产业，此举已初见成效。数据显示，相关投资目前浮盈逾百亿元，其中对电子、医 药生物等行业的重点布局功不可没。 ...

Group 1 - The core viewpoint emphasizes the importance of manufacturing as the foundation of the nation and the basis for a strong country, with a focus on building a modern industrial system and advanced manufacturing city during the "14th Five-Year Plan" period [1] - The city aims to enhance the high-end development of traditional industries and scale up emerging industries, while promoting the park-based development of characteristic industries [2] - The strategy includes fostering new and future industries as growth drivers, with a focus on high-end equipment, new energy materials, and healthcare sectors [3] Group 2 - The plan highlights the need for high-quality service support and solid factor guarantees to enhance the advanced manufacturing sector, including the development of modern service industries and infrastructure [4] - It calls for the establishment of a quality infrastructure and brand-building initiatives to create high-end regional public brands with local characteristics [4] - The city is committed to implementing a comprehensive standardization innovation action to improve quality and ensure safety in water resources [4]

今年以来，资本市场向好态势显著，私募股权投资活跃度有所回升，为券商开展相关业务带来丰富机 遇。执中ZERONE数据显示，截至12月19日，年内券商系子公司（包含资管子公司、另类子公司等）作 为私募股权基金LP（有限合伙人）合计出资金额达91.9亿元，同比增长52.1%，既有效引导金融活水流 向科技创新领域，支持实体经济发展，也为自身开辟了新的业绩增长点。 券商系LP出资活跃 开展私募股权投资是券商支持科技创新与产业升级、践行金融服务实体经济使命的重要形式。 券商的私募股权投资业务主要通过私募子公司和另类子公司展开。其中，另类子公司主要担任LP角色 进行出资；私募子公司则主要担任GP（普通合伙人），作为私募股权基金的管理者角色，参与基金的 发起设立与运营管理。 从业内较为活跃的出资机构来看，招商资管、长江创新、中信证券投资年内累计出资金额位居前三，分 别为40亿元、14.75亿元、10.59亿元。在参投基金数量方面，国信资本、国泰君安证裕均已对5支基金出 资，累计出资金额分别为3.6亿元、3.51亿元；国元创新已对4支基金出资，出资金额为1亿元；华福成长 投资、东吴创新资本均对3支基金出资，出资金额分别为1.2 ...

每经AI快讯，据新华社12月9日消息，国务院国资委党委书记、主任张玉卓在接受采访时表示，"十五 五"时期，将指导推动央企进一步聚焦主责主业、发展实体经济，推动产业体系不断向高附加值、高技 术含量的方向跃迁，在建设现代化产业体系中发挥好龙头牵引作用。突出抓好新兴产业和未来产业培 育。深入实施焕新、启航行动，突出工程和场景牵引，找准未来五年体量足够大、增速足够快、前景足 够好的新赛道，坚持"梯次培育、分类施策"，接续发力新能源、新能源汽车、新材料、航空航天、低空 经济等重点领域，积极发展平台经济，超前谋划量子科技、具身智能、生物制造、绿色船舶、6G等前 沿赛道，推动企业发展动能持续转换。 ...

Core Insights - The "14th Five-Year Plan" period is marked as an extraordinary and significant five years for Binzhou City, focusing on high-quality development and achieving historical accomplishments in economic and social progress [1] Economic Growth - The regional GDP is projected to grow from 261.43 billion yuan in 2020 to 340.47 billion yuan in 2024, with an average annual growth rate of 6% [3] - The revenue from industrial enterprises above designated size has surpassed 1 trillion yuan, while total retail sales of consumer goods and total imports and exports have both exceeded 100 billion yuan [3] - General public budget revenue and tax revenue have both surpassed 30 billion yuan and 20 billion yuan, respectively [3] Income and Living Standards - Per capita GDP is expected to rise from 66,600 yuan in 2020 to 87,500 yuan in 2024, with an anticipated increase to over 90,000 yuan this year [3] - The income ratio between urban and rural residents has decreased from 2.09 in 2020 to 1.91 in 2024, indicating a significant reduction in income disparity [3] Industrial Development - The city has established itself as a stronghold for manufacturing, being recognized as one of the top 100 advanced manufacturing cities in the country for four consecutive years [4] - Key industries have shown robust growth, with five major industrial clusters generating over 1.27 trillion yuan in revenue, including high-end aluminum, fine chemicals, intelligent textiles, food processing, and aquaculture [4] - The production capacity of high-end aluminum ranks first globally, while intelligent textiles are among the top in the world [4] Emerging Industries - New industries such as high-end equipment and new materials are gaining momentum, with 32 enterprises recognized for their innovative products [5] - The proportion of high-tech industry output value in the total industrial output has reached 46.45%, an increase of 5.87 percentage points since 2020 [5] Digital Economy - The city has accelerated its digital economy initiatives, establishing the first intelligent computing cluster in the province and nurturing five national-level 5G factories [5] - A total of 517 projects related to smart manufacturing have been developed, including six national-level exemplary smart factories [5] Business Landscape - The number of industrial enterprises above designated size has increased to 2,040, with a net addition of 724 since 2020 [5] - In 2024, there are expected to be 44 enterprises with revenues exceeding 5 billion yuan and 17 with revenues over 10 billion yuan [5] - Weiqiao Group has been listed among the Fortune Global 500 for 14 consecutive years, with four companies making it to the top 500 Chinese enterprises [5]

Group 1: Education and Talent Development - The latest "China Statistical Yearbook 2025" indicates that Zhengzhou ranks second in the number of college students, with over 1.432 million, following Guangzhou [1] - The total number of college students in the top 20 cities increased from 17.0392 million in 2023 to 17.3746 million in 2024, a growth of 1.97%, representing 44.65% of all college students in China [1] - Zhejiang province, particularly Hangzhou, faces challenges in educational resources despite having Zhejiang University, with plans to establish new universities to enhance talent supply [2][3] Group 2: Policy Initiatives - Guangzhou is set to introduce its first special policy to support the gaming and esports industry, which will be announced soon [4] - The establishment of the first "Emerging Industries Bureau" in Wenzhou aims to promote investment and development in emerging industries [5][6] Group 3: Economic Development Strategies - Jiangxi's provincial leadership emphasizes the importance of county-level economic development, advocating for focused resource allocation to develop key industries [7] - Hangzhou has become the first city in China to legislate for public health promotion, indicating a proactive approach to health and wellness [8] Group 4: Manufacturing and Urban Development - The "2025 Research Report on High-Quality Development of Urban Manufacturing" identifies ten cities with strong manufacturing capabilities, with new entrants like Binzhou and Huizhou [13] - The report highlights that eastern regions continue to lead in manufacturing, with cities in Jiangsu, Shandong, Zhejiang, and Guangdong remaining at the forefront [13]

每经记者｜杨欢 每经编辑｜刘艳美 据大象新闻消息，最新发布的《中国统计年鉴2025》显示，高校本专科在校生人数超过100万的城市 中，郑州市以143.2万余人位列第二位，紧随广州市之后。武汉、成都、重庆的本专科在校生也超过百 万，位列第三至第五位。 数据显示，从本专科在校生人数排名前20位的城市来看，总体人数继续增加，从2023年的1703.92万 人，增加到2024年的1737.46万人，增长1.97%。这些城市的在校生总数，占我国全部本专科在校生人数 的44.65%。 比起排名前20位的在榜城市，未上榜的城市引发了更多的关注。据浙江"潮新闻"报道，浙江多城在这一 数据上的表现则显得平淡。即便是省内本专科在校生最多的杭州，连续两年未进入全国前20名榜单。 2024年排名第20名的长春，其本专科在校生也已超过54万人。 解读：人才因产业而聚、产业因人才而兴，"抢人"大战表面上看是人才政策之争，实际上是创新生态之 争，更是未来发展竞争力之争。一个对比数据常常被提及：世界著名大学的毕业生创业比例达30%，而 这个比例在中国大概只有1%到2%。 在今年的大众视角下，这样的困境对于浙江，特别是杭州来说，或许并非难解。 ...

易方达基金、兴证全球基金等"精品派"则采取了聚焦龙头、重仓布局的策略。以易方达基金为例，该基 金今年以来共参与11只个股定增，以29.61亿元获配总额位列第三。 个股层面，定增项目呈现明显的资金集聚效应。上述85只个股中，有66只定增募资均超1亿元，其中7只 个股募资金额均突破10亿元。例如，医药生物领域的百利天恒的定增项目共吸引11家公募机构参与，公 募机构共获配25.56亿元；AI龙头寒武纪获8家公募机构青睐，公募机构合计获配25.25亿元。 从行业角度来看，电子行业成为定增"吸金大户"，寒武纪、盛美上海、芯原股份等3只个股均跻身10亿 元级个股定增募资榜单，凸显科技类企业的吸引力。 策略发生变化 今年以来，公募机构活跃于A股定增市场。公募排排网数据显示，截至12月17日，今年以来共有39家公 募机构参与定增，涉及85只个股，合计获配金额达340.88亿元，较去年同期的298.40亿元增长14.24%。 电子行业最"吸金" 数据显示，在上述参与A股定增的39家公募机构中，有29家获配金额均超1亿元，其中诺德基金、财通 基金、易方达基金、广发基金、兴证全球基金等5家机构均跨过了10亿元的门槛。 值得一提的是 ...

Group 1 - The core view of the report indicates that the chemical industry in China is expected to see a bottoming out and improvement in supply-demand dynamics, with a marginal recovery in industry prosperity anticipated for 2026 [4][5][45] - In 2025, the chemical price index is projected to decline slightly, remaining in a low prosperity phase, but global energy costs have retreated from their highs, leading to positive changes in supply, demand, and inventory [4][15][45] - The report highlights that supply-side investment growth in the chemical industry is slowing, driven by anti-competitive policies and the exit of outdated overseas production capacities, which alleviates supply-side pressure [4][30][37] Group 2 - The report identifies three key investment directions for 2026: sub-industries with improving supply-demand dynamics, leading companies driven by capital expenditure and R&D, and high-end chemical new materials benefiting from increased demand or domestic substitution [5][46][57] - Sub-industries expected to see recovery include titanium dioxide, certain pesticide varieties, chemical fibers, and refrigerants, as traditional demand stabilizes and new industries emerge [5][49][57] - Leading companies are expected to concentrate capital expenditure on capacity expansion and high-value downstream products, with significant capital expenditures noted for companies like China Petroleum and Wanhua Chemical [6][51][52] Group 3 - The report emphasizes the ongoing domestic substitution in high-end chemical new materials, particularly in electronic chemical materials and ceramics, driven by the growth of emerging industries such as AI and biomedical applications [7][54][56] - The demand for electronic chemical materials is anticipated to increase as domestic companies make technological advancements and penetrate supply chains for semiconductor and display panel materials [55] - The ceramic materials market is expected to grow significantly due to new applications in biomedical fields, providing a new growth engine for high-end ceramic materials [56]

2025上证多层次资本市场高质量发展大会现场。会场图片均为 许泽宇 摄 构建高质量发展的资本市场离不开高质量发展的上市公司，而高质量发展的上市公司需要愿意长期陪伴 企业成长的耐心资本作为重要支撑；创业投资和股权投资作为科技强国的重要资本和耐心资本，已成为 我国推进现代化产业体系建设及发展新质生产力的一揽子工具箱中的重要组成部分；谈及"十五五"期间 股权投资机遇时，多位投资人不约而同地将目光锁定在"十五五"规划建议中提到的新兴产业与未来产业 ...