Group 1: High-tech Manufacturing Index - The Guosen weekly high-tech manufacturing diffusion index A recorded 0.2, while index B was at 51.0, indicating a slight recovery compared to the previous period[1] - The price of dynamic random access memory (DRAM) increased to $1.4490, up by $0.031 from last week[3] - The price of 6-amino penicillanic acid rose to 230 RMB/kg, an increase of 50 RMB/kg from the previous week[3] Group 2: Market Trends and Economic Indicators - Fixed asset investment cumulative year-on-year growth was reported at 3.70%[2] - The total retail sales year-on-year growth for the month was 6.40%[2] - The month-on-month export growth was 4.80%[2] Group 3: Industry Insights - The price of lithium hexafluorophosphate decreased to 50,500 RMB/ton, down by 1,200 RMB/ton from last week, indicating a decline in the new energy sector's prosperity[3] - The price of acrylonitrile remained stable at 8,200 RMB/ton, showing no change from the previous week[3] - The price index for electronic products in Zhongguancun remained unchanged, indicating stable conditions in the aerospace and computer industries[1] Group 4: Policy and Development - A new action plan for measuring support for industrial productivity development from 2025 to 2030 was issued, focusing on ten key industries including AI and aerospace[4] - The launch of the WebSailor intelligent agent by Alibaba Tongyi demonstrates advancements in AI capabilities, surpassing several closed-source models[4]

Investment Rating - The report maintains an "Accumulate" rating for the company [1] Core Views - The company's net profit attributable to shareholders is expected to grow by 8% to 10% year-on-year in Q2, indicating stable operational performance [2] - Recent government policies in the measurement and testing sector are expected to provide significant growth opportunities for the company [3] - The company is well-positioned for long-term growth due to its diversified strategy, proactive international expansion, and strong market position [4] Financial Forecasts and Valuation - Total revenue is projected to reach RMB 6,535 million in 2025, with a year-on-year growth rate of 7.42% [1] - The net profit attributable to shareholders is forecasted to be RMB 1,055.55 million in 2025, reflecting a year-on-year increase of 14.60% [1] - The latest diluted EPS is expected to be RMB 0.63 in 2025, with a P/E ratio of 19.50 [1]

Group 1 - The Ministry of Education has issued tips to identify fake admission letters as scammers attempt to exploit students by creating counterfeit documents to collect tuition and registration fees [1] - Official admission results can be verified through provincial education examination institutes' websites, and legitimate admission letters must match the information on these official platforms [1] - The Ministry of Education emphasizes that any admission letters from schools not listed in the candidates' application choices are fraudulent [1] Group 2 - Beijing plans to establish around two vocational undergraduate universities as part of a three-year action plan to enhance vocational education from 2025 to 2027 [2] - The goal is to build a high-quality vocational education system by 2035, positioning it as a key support for the capital's economic and social development [2] - The plan includes the construction of new high-level vocational schools and the establishment of industry-education integration communities [2] Group 3 - Wuhan University has officially established an Integrated Circuit College aimed at advancing education and technology talent development in the integrated circuit field [3] - The college's formation is intended to strengthen the support for discipline construction and talent cultivation, as well as promote technological innovation [3] Group 4 - ST Dongshi has announced that the Beijing First Intermediate People's Court has decided to initiate a pre-restructuring process for the company [4] - The court has appointed a liquidation team from Dongshi Driving School as the temporary manager during the pre-restructuring period [4] Group 5 - iFlytek has launched the world's first large model-based telephone simultaneous interpretation service in collaboration with China Mobile [5] - This service integrates real-time voice calls with iFlytek's Spark simultaneous interpretation model, enabling instant bilingual translation between Chinese and English [5] - The launch signifies a new phase in cross-language communication technology driven by large models [5]

Core Viewpoint - The establishment of the Integrated Circuit College at Wuhan University aims to address national strategic needs and tackle "bottleneck" technology challenges in the semiconductor industry [2]. Group 1: Establishment of Integrated Circuit College - Wuhan University officially inaugurated its Integrated Circuit College, with Academician Liu Sheng appointed as the dean [2]. - The college is designed to provide high-quality technological and talent support for the integrated circuit field, aligning with the university's goal of becoming a world-class institution in 5-10 years [2]. - The establishment is seen as a strong response to the country's strategic demands and the need to overcome critical technology challenges [2]. Group 2: Strategic Collaboration - Longsys Storage signed a strategic cooperation agreement with Wuhan University to explore new models of "industry-education integration" and cultivate talent with both theoretical knowledge and engineering skills [2]. - The focus areas for technological breakthroughs include EDA tools, high-end chip design, advanced packaging, and third-generation semiconductor devices [2].

Core Viewpoint - The Jinan city, particularly the Huaiyin District, is committed to implementing an industrial-strengthening development strategy, focusing on project-driven growth and solidifying its industrial foundation [1][3]. Group 1: Project Implementation and Investment - Huaiyin District has established a comprehensive mechanism for project management, covering planning, construction, and operational effectiveness, with 50 industrial projects rolling out over the past three years, resulting in over 6 billion yuan in industrial investment [3]. - Key projects such as the Zhongjiao Chuangxin Smart Valley and CNC Intelligent Equipment Industrial Park are accelerating construction, while significant projects like the Jinan Advanced Materials Manufacturing Port (Phase I) have been completed on schedule [3]. - The Huaiyin Economic Development Zone has been recognized as a third-generation semiconductor industry cluster in Jinan, achieving a complete supply chain from substrate preparation to device packaging [3]. Group 2: Industry Ecosystem and Chain Recruitment - The district focuses on key areas such as intelligent manufacturing and integrated circuits, enhancing resilience and security in the industrial chain through targeted recruitment of critical enterprises like Huayan Guoxin and Liguang Microelectronics [3]. - The overall strategy emphasizes "frontier focus, leading enterprises, innovation cultivation, ecosystem building, chain planning, and cluster development" to strengthen the industrial ecosystem [3]. Group 3: Capital and Industry Integration - Huaiyin District has innovated a "capital + industry" integration model, establishing a multi-layered fund system comprising "mother funds + direct investment" [4]. - The district has attracted significant capital, with fund sizes reaching 25.8 billion yuan, including investments from the Yellow River Delta Industrial Investment Fund and the Integrated Circuit Fund [4]. - The district has launched the first semiconductor industry fund in the city, promoting over 20 key industrial projects through investment-driven initiatives [4].

9日，第十三届中国（西部）电子信息博览会在四川成都开幕。19家单位及企业进行现场签约，金额达 5600万元，覆盖电子信息、数字经济、商贸、教育、医疗、文化、旅游、影视等多个领域的智能化应 用。 本届博览会以"新动能、新生态、新西部"为主题，吸引了500多家电子信息行业领军企业参展，展示面 积2.5万平方米，覆盖人工智能、集成电路、微波射频、电子元器件、智能终端等领域。 当天还举行了第十三届中国（西部）电子信息博览会供需对接活动，现场发布的供需清单包括电子材料 等产品采购、供应链管理服务等服务购买、新一代信息技术等技术合作及应用拓展等120余项需求。 成都市经信局市新经济委党组成员、副局长蒲斌从成都电子信息产业规模、特色产业、人才培养、资源 要素、营商环境等多个维度向现场嘉宾作成都电子信息产业专题投资推介，介绍了成都集成电路、新型 显示、智能终端、高端软件、人工智能、网络信息安全等产业的基本情况和特色优势。 中国（西部）电子信息博览会组委会秘书长陈雯海在致辞中提到，近年来，我国电子信息产业在政策引 导和市场需求的双重驱动下，实现了跨越式发展。未来，中国（西部）电子信息博览会将继续立足成 都，融入成渝电子信息产业 ...

Report Summary Report Industry Investment Rating No specific industry investment rating was provided in the report. Report's Core View The report provides analysis and trading strategies for financial and commodity futures and options, suggesting that the stock index is in a bullish cycle and the bond market is expected to strengthen, while the black and building materials sectors are expected to stop falling and stabilize. Summary by Directory Financial Futures and Options - **Stock Index Futures** - **Varieties**: IF, IH, IC, IM - **Intraday View**: Oscillating with a bullish bias - **Medium - term View**: Bullish - **Reference Strategy**: Hold long positions in IM2507 - **Core Logic**: Support policies are continuously implemented, overseas tariff risks are rising, the technical form shows a potential upward trend, and market risk appetite is increasing [1][2] - **Treasury Bond Futures** - **Varieties**: TS, TF, T, TL - **Intraday View**: Short - term bonds fluctuate narrowly, long - term bonds are bullish - **Medium - term View**: Bullish - **Reference Strategy**: Adopt a long - position approach for T2509 or TL2509 - **Core Logic**: Inter - bank liquidity is loose, and there is an increasing expectation of policy support due to weak fundamentals [3][4] Commodity Futures and Options - **Black and Building Materials Sector** - **Varieties**: Rebar, Hot - rolled coil - **Intraday View**: Short - term shift between long and short positions, with weakening downward drivers - **Medium - term View**: Stop falling and stabilize - **Reference Strategy**: Hold long positions in the call option RB2510 - C - 3000 and adopt a short - position strategy for the RB2510 straddle option (range: 2900 - 3200) - **Core Logic**: Supply pressure on steel raw materials is expected to ease, reducing the potential supply pressure on finished steel products [5]

3 ACMI 2025（第四届）电解液创³ 固态电池研讨会将于7月9日至11日· 4 EIA公布月度短期能源展望报告 5 第十三届中国 (西部) 电子信息博 9日至11日举办 1 隔夜市场 美股三大指数收盘涨跌不一，道指跌0.37%，纳指涨0.03%，标普500指数跌0.07%；石油股走高，斯伦贝谢涨超4%，英国石油、雪佛龙涨超3%，大型科技 股涨跌互现，英伟达、特斯拉涨超1%，奈飞、谷歌、亚马逊跌超1%。中概股多数上涨，纳斯达克中国金龙指数收涨0.71%，大全新能源涨超10%，老虎证 券涨逾8%，京东、新东方涨超2%，阿里巴巴涨1.6%。 每经编辑｜胡玲 王晓波 V 中国6月CPI、PPI数据将公布 ② 国新办将举行"高质量完成'十四五 题新闻发布会。首场发布会将于7月 举行 国际油价小幅走强，美油主力合约收涨0.37%，报68.18美元/桶；布伦特原油主力合约涨0.62%，报70.01美元/桶。 国际贵金属期货收盘涨跌不一，COMEX黄金期货跌0.95%，报3311.00美元/盎司；COMEX白银期货涨0.06%，报36.93美元/盎司。 欧洲三大股指收盘小幅上涨，德国DAX指数涨0.55%报24206. ...

Group 1 - The core viewpoint of the articles highlights the booming demand for talent in the ESG sector and the increasing internationalization of job recruitment in Shandong, particularly through cross-border e-commerce initiatives [1][19][23] - The 2025 Shandong campus recruitment report indicates a significant increase in recruitment needs from foreign and joint-venture companies, surpassing that of private enterprises, reflecting a deeper level of openness in the region's economy [1][22] - The demand for ESG-related positions has surged by 120% year-on-year, with local companies like Wanhua Chemical and Haier establishing specialized training programs, expected to create over 8,000 green jobs in the next three years [1][23][24] Group 2 - Engineering disciplines dominate the recruitment landscape, with computer science, electronic information, and electrical engineering leading the demand, driven by the transition to a digital economy and smart manufacturing [4][6] - The average salary for engineering graduates has risen significantly, with an increase of over 15% year-on-year, reflecting the rapid expansion of industries such as AI and semiconductors [9][15] - The recruitment landscape is witnessing a structural change, with a notable increase in demand for both associate and doctoral degree holders, indicating a shift towards practical skills and immediate employability [10][13][17] Group 3 - The rise of international job opportunities is evident, with Qingdao companies actively participating in joint recruitment fairs in Japan and South Korea to attract talent with international perspectives [19][22] - The report indicates that the average salary for associate degree graduates has increased for two consecutive years, highlighting the strong demand for practical skills in manufacturing and related sectors [15][17] - The establishment of customized training programs, such as the collaboration between Haier and Qingdao University, aims to align educational outcomes with industry needs, resulting in high employment rates for graduates [18]

Company Overview - China Academy of Sciences Shenyang Instrument Co., Ltd. (referred to as "CAS Shenyang") has received approval for its IPO on the Beijing Stock Exchange, with sponsorship from China Merchants Securities [1] - Established in 2001, CAS Shenyang is a leading provider of core components for semiconductor manufacturing equipment and vacuum scientific instruments, focusing on the R&D, production, and sales of dry vacuum pumps and related technical services [1] Industry Analysis - The global integrated circuit (IC) industry is experiencing steady growth, with China emerging as a crucial market. The IC industry is foundational to modern information technology and plays a significant role in national security and economic development [2] - According to WSTS, the global IC market size is projected to grow from $276.7 billion in 2016 to $539.5 billion in 2024, reflecting a compound annual growth rate (CAGR) of 8.70%. The market is expected to reach $611.6 billion by 2025, marking a substantial increase of 13.36% from 2024 [2] Domestic Market Growth - China's integrated circuit industry has rapidly developed in recent years, supported by various government policies and investment funds. The industry has grown from a weak position to a significant player globally, with improvements in innovation capabilities [4] - In 2023, the sales revenue of China's integrated circuit industry reached 1,227.7 billion yuan, with a CAGR of 16.03% from 2016 to 2023 [4][5]