一顿操作猛如虎，基金净值已更新，谁是基金中的王者，谁又垫底，请看数据： 写在文章前的声明：在本文之前的说明：本文中所列的投资信息，只是一个对基金资产净值进行排行的客观描述，并无主观倾向性，也不是投资建议，纯属 娱乐性质。 领涨行业：综合类、酒店餐饮涨幅逾3%； | 基金简称 PK | | | 最新净体 1 = 2 2 - 1 = 2 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 2 - 1 = 9 - 1 = 9 - 1 = 9 - 1 = 9 - - 9 - - - - - - - - - | | | --- | --- | --- | --- | --- | | 1 | 东方阿尔法... A | 1.1989 | 7.25% | | | | 024423 | 2026-1-7 | | | | 2 | 东方阿尔法 ... C | 1.1962 | 7.24% | 8 | | | 024424 | 2026-1-7 | | | | 3 | 汇添富竞争 ... 合 | ...

涨停股中，从连续涨停天数来看，大于或等于2天的个股有34只。其中，胜通能源14连板，连续涨停板 数量最多；锋龙股份9连板；雷科防务6连板；友邦吊顶、*ST东易均5连板；城建发展、*ST铖昌均4连 板；美克家居、志特新材、美好医疗、创新医疗、岩山科技、银河电子、快意电梯、南京熊猫等17股均 3连板；鹭燕医药、金风科技、北方导航、远东股份、江顺科技等10股均2连板。 沪深两市主力资金净流出471.98亿元 7个行业主力资金呈现净流入 Wind统计显示，沪深两市主力资金今日净流出471.98亿元；其中，创业板主力资金净流出170.43亿元； 沪深300成份股主力资金净流出170.03亿元；科创板主力资金净流出15.02亿元。 从行业来看，申万所属的31个一级行业，今日有7个行业主力资金呈现净流入，其中，通信行业主力资 金净流入最多，净流入金额为28.14亿元；行业主力资金净流入居前的还有银行、煤炭、轻工制造等， 净流入金额分别为12.43亿元、9.03亿元、3.16亿元。24个行业主力资金呈现净流出，其中，国防军工行 业主力资金净流出最多，净流出金额为87亿元；行业主力资金净流出靠前的还有计算机、汽车、电子、 电力 ...

证券研究报告 | 策略点评 2026 年 01 月 07 日 投资要点 分析师：孟之绪 执业编号：S0300524080001 电话： 邮箱：mengzhixu@ykzq.com 今日关注 指数涨跌情况：今日 A 股主要指数多数收涨。截止收盘，沪指涨 0.05%，收报 4085.77点；深证成指涨0.06%，报14030.56点；科创50涨0.99%，收报1443.39 点；创业板指涨 0.31%，收报 3329.69 点。总体上，全天个股涨少跌多，Wind 数据显示，全市场 2164 只个股上涨，3188 只个股下跌，107 只个股收平。沪 深两市今日成交额合计 28541 亿元，较上个交易日放量 476 亿元。 行业涨跌情况：今日申万一级行业涨多跌少，综合、煤炭、电子、通信等行 业涨幅靠前，涨幅分别为 3.86%、2.47%、1.25%、1.24%，石油石化、非银金 融、美容护理、计算机、银行等行业跌幅靠前，跌幅分别为 1.73%、1.13%、 1.03 %、0.81%、0.72%。 概念板块涨跌情况：今日涨幅居前概念板块为半导体设备、光刻机、中芯国 际产业链、半导体材料、工业气体、稀土、半导体硅片、CR ...

Domestic Market Overview - The domestic market showed signs of recovery with both volume and price increasing, as the Shanghai Composite Index closed at 3889.35 points, up 0.41%, and the Shenzhen Component Index closed at 13258.33 points, up 0.84% [1][4][9] - Among the 30 sectors tracked, 21 sectors experienced gains, with notable increases in power equipment and new energy, electronics, and defense industries, while retail, building materials, and textiles saw significant declines [1][4][9] - The total trading volume for the A-share market reached 21,190 billion yuan, indicating an increase compared to the previous day [1][4][9] Overseas Market Overview - The US stock market experienced a decline across all major indices, with the Dow Jones falling by 0.51%, the S&P 500 down by 1.07%, and the Nasdaq decreasing by 1.69% [2][4] - Notable declines were observed in major companies such as Caterpillar, which dropped over 4%, and Nvidia, which fell by more than 3% [2][4] News Highlights - The Ministry of Commerce and the People's Bank of China issued a notice to enhance collaboration between commerce and finance to boost consumption, proposing 11 specific measures [3][10][12] - The Chinese economy conference emphasized the need to synchronize growth in residents' income with economic growth by 2026 [3][14] - The successful launch of the Kuaizhou-11 rocket was reported, marking a significant achievement in China's space endeavors [3][15][16] - Projections indicate that China's natural gas production will reach 300 billion cubic meters by 2030, reflecting a shift towards a more balanced energy structure [3][17]

Market Overview - The A-share market indices all closed higher today, with the Shanghai Composite Index rising by 0.41% to close at 3889.35 points, the Shenzhen Component Index increasing by 0.84% to 13258.33 points, the Sci-Tech 50 Index up by 1.74% to 1348.88 points, and the ChiNext Index gaining 0.97% to 3194.36 points [1][14] - The total trading volume in the Shanghai and Shenzhen markets reached 20,922 billion yuan, an increase of 2,351 billion yuan compared to the previous trading day [1] Industry Performance - Most of the Shenwan first-level industries saw gains today, with notable increases in non-ferrous metals (1.50%), electronics (1.46%), power equipment (1.42%), machinery (1.21%), telecommunications (1.19%), and national defense and military industry (1.14%) [1][14] - Conversely, the retail trade, comprehensive, and building materials sectors experienced declines, with decreases of 1.28%, 1.18%, and 0.47% respectively [1][14] Concept Sector Performance - The concept sectors that performed well today included nuclear fusion, nuclear power, industrial gases, superconductors, ultra-high voltage, optical modules (CPO), optical chips, virtual power plants, photolithography factories, photovoltaic inverters, commercial aerospace, large aircraft, solar thermal power generation, photolithography machines, and charging piles [2][11]

基金规模20亿元，蜀道装备作为LP认缴10亿元，占比50.00%;蜀道股权基金公司作为LP认缴9.98亿元， 占比49.90%;蜀道产融管理公司担任GP认缴200万元，占比0.10%。基金首期出资到位1000万元，用于中 国证券投资基金业协会备案。后续出资根据投资项目投资决策金额及合伙企业运作需要，按各合伙人在 基金中的认缴出资比例履行实缴出资义务，具体出资金额和出资日期以基金管理人发出的缴款通知书为 准。 蜀道装备(300540.SZ)发布公告，为满足战略发展需求，加快推动产业布局优化和并购投资项目落地实 施，助力公司持续构建完善工业气体、清洁能源以及氢能产业平台，公司拟与蜀道产融(四川)私募基金 管理有限公司(以下简称"蜀道产融管理公司")、蜀道(四川)股权投资基金有限公司(以下简称"蜀道股权基 金公司")共同投资设立蜀道(四川)气体产业股权投资基金(有限合伙)(暂定名，最终以工商注册为准)，主 要围绕工业气体(含特种气体、电子气体)、LNG、氢能领域设立子基金或开展直接股权投资。 ...

Core Viewpoint - Hangzhou Oxygen Plant Co., Ltd. (002430) announced plans to establish a venture capital partnership with Hangzhou Guoyou Huitong Enterprise Management Co., Ltd. and others, focusing on investment opportunities in industrial gases, cryogenic technology, controllable nuclear fusion, and innovative energy power equipment [1] Group 1 - The total committed capital for the fund is 1 billion yuan, with the company contributing 200 million yuan, representing a 20% stake [1] - The fund aims to explore investment opportunities in several advanced technology sectors [1]

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The company reported a revenue of 2.03 billion yuan for Q1-Q3 2025, representing a year-on-year increase of 9.3%, while the net profit attributable to shareholders was 120 million yuan, down 44.9% year-on-year [2][6]. - In Q3 alone, the company achieved a revenue of 720 million yuan, which is a 14.6% increase year-on-year and a 3.7% increase quarter-on-quarter. However, the net profit for Q3 was 30 million yuan, down 33.0% year-on-year and 11.6% quarter-on-quarter [2][6]. - The company is facing pressure from a competitive market environment, with a decrease in product prices and overall gross margin. The gross margin for Q1-Q3 2025 was 30.0%, a decrease of 3.1 percentage points year-on-year [10]. Summary by Sections Financial Performance - For Q1-Q3 2025, the company achieved a total revenue of 2.03 billion yuan, with a net profit of 120 million yuan and a net profit excluding non-recurring items of 100 million yuan [2][6]. - The gross margin for Q1-Q3 2025 was 30.0%, with Q3 gross margin at 30.4%, showing slight changes year-on-year and quarter-on-quarter [10]. Project Developments - The company has signed a revised gas supply contract with Shandong Ruilin, increasing the scale of the air separation project from 23,000 Nm3/h to 50,000 Nm3/h, raising the total contract value from 1.86 billion yuan to 4 billion yuan [10]. - The company has expanded its electronic bulk gas service capabilities, securing multiple new projects in the semiconductor and display sectors [10]. Strategic Initiatives - The company is advancing its integrated strategy for industrial gases, focusing on expanding retail networks and improving operational efficiency in key regions [10]. - The company has completed the acquisition of CHEM-GAS to enhance its market presence in Southeast Asia [10]. Future Outlook - Despite facing short-term challenges in profitability, the company is expected to return to a growth trajectory as its onsite gas projects come online and retail gas prices recover. Projected net profits for 2025-2027 are 160 million, 270 million, and 340 million yuan respectively [10].

Investment Rating - The report assigns a "Buy" rating to the company with a target price of 22.75 CNY over the next six months, based on a current price of 18.51 CNY [1]. Core Insights - The company is a leader in LNG and air separation equipment, benefiting from a high industry boom. It is actively exploring hydrogen energy applications and expanding its gas operation business, which opens up growth opportunities [6][8]. Summary by Sections 1. Company Overview - The company, originally named Deep Cold Co., was established in 2001 and focuses on gas purification, separation, and low-temperature liquefaction technologies. It has shifted towards high-end equipment manufacturing and is expanding into gas investment and clean energy operations [14][17]. 2. Financial Performance - The company is expected to achieve revenues of 861.51 million CNY in 2024, with a growth rate of 28.9%. By 2027, revenues are projected to reach 1.31 billion CNY, with a compound annual growth rate of 16% for net profit [3][4][6]. - In 2024, the company is projected to achieve a net profit of 72.37 million CNY, reflecting a significant growth of 121.67% compared to the previous year [3][4]. 3. LNG and Air Separation Equipment - The company is a leading player in the LNG and air separation equipment market, with a projected market size of 533 billion CNY by 2025. The company has the capability to design and manufacture LNG processing plants with a daily capacity of 10 million cubic meters [6][35][56]. - In 2024, LNG equipment is expected to generate 6.1 billion CNY in revenue, accounting for over 70% of total revenue [24][26]. 4. Hydrogen Energy Business - The hydrogen energy sector is rapidly developing, with a projected production of 3.815 million tons in 2024, growing by 3.5%. The company has established a joint venture with Toyota to enter the hydrogen fuel cell market [71][88]. - The company is actively involved in the entire hydrogen energy value chain, including hydrogen production, storage, and application, leveraging resources from its parent group [83][87]. 5. Gas Operation Expansion - The company is expanding its gas operation business, with revenues from gas operations expected to grow significantly in the coming years. In 2023, revenues from gas operations were 2.76 million CNY, with projections of 12.46 million CNY in 2024 [6][19][26]. - The company is pursuing strategic acquisitions and investments in gas operation projects to enhance its operational scale [6][19].

Group 1: Core Insights - The report highlights a focus on deepening information infrastructure, AI integration, and regulatory adjustments in key sectors [8][9][12] - The Ministry of Industry and Information Technology emphasizes the advancement of 5G-A, ten-gigabit optical networks, and computing power facilities, while promoting the integration of AI with service-oriented manufacturing [9][12] - The automotive sector has updated energy-saving and new energy vehicle technology standards, along with a revised vehicle and vessel tax exemption directory, effective from January 1, 2026 [13] Group 2: Industry Policies - The report outlines the implementation of export controls on certain rare earth items by the Ministry of Commerce and the General Administration of Customs, effective from November 8, 2025 [7] - The transportation sector will impose special port fees on certain U.S.-related vessels starting October 14, 2025, as part of regulatory measures [14] - The financial sector is set to standardize the identification management of beneficial owners by financial institutions, aligning with international anti-money laundering standards [17] Group 3: Market Performance - The report tracks the performance of various sectors in the A-share market, with notable increases in sectors such as non-ferrous metals (+4.25%) and coal (+4.24%) [20][21] - The top ten concepts with the highest gains this week include nuclear power (+6.90%) and industrial gases (+6.07%), while the largest declines were seen in power batteries (-6.38%) and optical modules (-5.20%) [23][24]