今日早盘市场低开高走，全市场超2800只个股上涨。板块题材上，CPO、半导体板块走强，军工、商业航天板块有所调整。港股震荡上涨，创新药板 块"一枝独秀",半导体城块局部活跃。截至午间收盘,中证A500指数上涨0.9%,沪深300指数上涨0.8%，创业板指数上涨2.8%，上证科仓板50成份指数上涨 1.3%，恒生中国企业指数上涨0.5%。 核心大盘宽基指数基本情况跟踪 (2025年11月26日) A股大盘宽基:沪深300ETF易方达/A500ETF易方达 (9) 510310 跟踪沪深300指数/中证A500指数 | 沪深300指数由沪深市场中规 | 截至午间收盘 | 该指数 | 该指数 | | --- | --- | --- | --- | | 模大、流动性好的300只股票 | 沪深300指数涨跌 | 滚动市盈率 | 发布以求 | | 组成,完整覆盖11个中证一级 行业 | 0. 8% | 13.9倍 | 61 | | 中证A500指数由各行业市值较 | 截至午间收盘 | 该指数 | 该指数 | | 大、流动性较好的500只证券 | 中证A500指数涨跌 | 滚动市盈率 | 以来仁 | | 组成,覆盖93个三 ...

华通创投成立于2015年9月，作为青岛区域国有创投机构，协同行业头部机构与产业资本方构建起开放 的"基金领航+科技驱动+投促招引"产业赋能体系，奋力夯实"资本链"、延伸"产业链"，为国有创投机构 提升行业竞争力、放大国有资本功能提供了有益探索。华通创投通过市场化、专业化运作，引导嫁接产 业资本与产业资源，聚焦青岛"10+1"创新型产业体系，锚定先导产业和新兴产业开展多层次股权投资， 成功培育出多家行业领军企业，助推多家科技型创新企业登陆境内外资本市场，实现经济效益与社会效 益的"双赢"。 中证报中证网讯(王珞)近日，青岛华通创业投资有限责任公司2025年面向专业投资者非公开发行科技创 新公司债券(第一期)(简称"25华通K1"，280649.SH)在上海证券交易所成功发行，发行规模3亿元，发行 期限3+2年，票面利率2.30%，全场倍数2.47倍。本次债券募集资金将重点投向新一代信息技术、人工智 能等战略新兴产业，强化产业协同，为青岛市构建"10+1"创新型产业体系贡献创投力量。 本期发行是华通创投在资本市场的首次亮相，彰显了其在创业投资与科技创新领域的价值定位，有力提 升了华通创投在资本市场的品牌形象与行业 ...

11月26日午盘，军工板块震荡调整。截至13:58，航空航天 ETF（159227）跌幅2.53%，成交额达2.99亿 元，稳居同类第一。持仓股中仅光启技术上涨。 中国科学院国家空间科学中心11月24日下午在北京怀柔科学城举行空间科学先导专项最新亮点成果发布 会，集中发布空间科学卫星任务在宇宙暂现天体、宇宙线传播、太阳爆发等领域取得的系列重大科学突 破，这标志着中国空间科学创新发展进入"快车道"。 每日经济新闻 中航证券推荐关注与智能驾驶、低空经济以及人工智能等战略新兴产业存在相关业务交叉的上市公司。 智能驾驶、低空经济、人工智能与商业航天产业在多个中上游领域存在很多交叉领域，如高可靠性集成 电路、惯性导航、雷达、卫星高精度导航、卫星特种遥感应用等，在军民领域都有布局的相关上市公司 的关注度有望持续提升。 航空航天ETF（159227）跟踪国证航天指数，深度布局航空航天产业链。成分股精选军工领域头部企 业，涵盖大飞机研制、低空经济、商业航天等新兴领域，深度契合新质生产力发展方向。 ...

中国经济网北京11月24日讯 光库科技(300620.SZ)11月21日晚间披露的发行股份、可转换公司债券 及支付现金购买资产并募集配套资金暨关联交易报告书（草案）显示，上市公司拟通过发行股份、可转 换公司债券及支付现金的方式购买张关明、苏州讯诺、刘晓明、杜文刚、于壮成5名交易对方合计所持 有的安捷讯99.97%股份。本次交易完成后上市公司将持有安捷讯99.97%的股份。 | 序号 | 交易对方 | 交易标的名称 及权益比例 | 支付方式 | | | 向该交易对 方支付的总 | | --- | --- | --- | --- | --- | --- | --- | | | | | 现金对价 | 股份对价 | 可转债对 | | | | | | (元) | (元) | 价(元) | 对价(元) | | 1 | 张关明 | 安捷讯 60.7133%股份 | 298,709,436 | 398,279,248 | 298,709,436 | 995,698,120 | | 2 | 苏州讯诺 | 安捷讯 21.6667%股份 | 106,600,164 | 142,133,552 | 106,600,164 | 355 ...

Core Viewpoint - CITIC Bank's wholly-owned subsidiary, Xinyin Financial Asset Investment Co., Ltd., has been approved to commence operations, marking a significant step in supporting the development of technology finance and enhancing the bank's comprehensive financial services [1][2]. Group 1: Company Overview - Xinyin Financial Asset Investment Co., Ltd. has a registered capital of RMB 10 billion and is located in Guangzhou, Guangdong Province [1]. - The establishment of Xinyin Financial Asset Investment is part of CITIC Bank's strategy to respond to national calls for supporting strategic emerging industries and the private economy [1]. Group 2: Investment Strategy - CITIC Bank aims to leverage its full financial license advantages through the establishment of the CITIC Equity Investment Alliance, enhancing its capabilities in the entire investment chain [2]. - The alliance currently manages over RMB 320 billion in funds and has invested in over 1,100 enterprises, focusing on early-stage, small, long-term, and hard technology investments [2]. - Xinyin Financial Asset Investment will support the construction of a modern industrial system and high-level technological self-reliance, providing comprehensive financial services for strategic emerging and technology enterprises [2].

今日下午，中信银行发布公告称，已于2025年11月21日收到国家金融监管总局关于信银金融资产投资有 限公司开业的批复，该行全资子公司信银金投获准开业。中信银行介绍，信银金投注册资本为人民币 100亿元，注册地为广东省广州市。未来，信银金投将围绕战略新兴产业、"专精特新"等重点领域，开 展市场化债转股和股权投资业务，发挥股权投资对于科创企业、民营经济的支持作用。 ...

"通过本次交易取得安捷讯控股权，有利于拓宽公司产品与技术布局，迅速扩大规模化的高效制造能力， 建立更加完备的产品矩阵，提升下游客户覆盖与产品交付能力，进一步强化公司在光通信领域的行业地 位，提升经营规模，增强行业竞争优势。"光库科技称。 来源：e公司 光通信领域企业光库科技（300620）拟收购同行苏州安捷讯光电科技股份有限公司（简称"安捷 讯"）控制权一事有了最新进展，光库科技拟16.395亿元收购安捷讯99.97%股份，本次交易构成重 大资产重组，构成关联交易，不构成重组上市。 11月21日晚，光库科技出炉重组草案显示，该公司拟通过发行股份、可转换公司债券及支付现金方式向 张关明、苏州讯诺、刘晓明、杜文刚、于壮成5名交易对方购买其合计所持有的安捷讯99.97%股份，发 行股份价格为37.45元/股，总交易价格为16.395亿元。 同时，光库科技拟向不超过35名特定投资者发行股份募集配套资金，募资不超8亿元，其中约4.92亿元用 于支付本次交易的现金对价，3.08亿元用于补充流动资金、偿还债务。本次交易前后，光库科技控股股东 均为华发科技，实际控制人均为珠海市国资委。 光库科技表示，公司专业从事光纤激光器件 ...

今年以来，A股市场回暖，北交所的表现更令人瞩目，北证50指数年内累计上涨52.51%，成为市场关注 的重点。对于投资者而言，布局北交所，指数基金是一种低门槛、高效率的方式。11月17日，景顺长城 北证50指数基金（代码：A类025443/C类025444）正式发行，跟踪北证50指数，一键布局北交所创新成 长龙头，助力投资者把握北交所整体性机会。（数据来源：Wind，截至10月31日。下同） 回顾北交所近一年的行情，上涨并非偶然，而是多项利好因素共同作用的结果。首先，去年推出的"深 改19条"及"并购六条"等政策，进一步优化了北交所上市、流动性机制及并购重组规则，显著提升了市 场吸引力；其次，自去年"9.24"以来，包括中央汇金增持A股等一系列稳市场政策，提振了市场风险偏 好，推动北交所为代表的成长风格相对强势；最后，央行货币宽松的基调也有利于改善北交所的流动性 和估值定价，数据显示，北证50指数年内日均成交283.60亿元，是指数2022年11月21日发布至当年末的 45倍。 作为北交所的代表性宽基指数，北证50指数汇聚了市值规模大、流动性强、最具代表性的50家北交所上 市公司，以综合反映北交所的整体表现。W ...

Core Insights - The event "Technology Goodies Showcase" was held at Shenzhen Digital Technology Park, featuring six leading companies showcasing their innovative products [1] - The showcase reflects Shenzhen Digital Technology Park's focus on strategic emerging industries and nurturing high-growth enterprises [1] Company and Industry Summary - Shenzhen Digital Technology Park has over 60 national, provincial, and municipal engineering laboratories and technology centers, supporting more than 70 major national technology projects [1] - The park is home to six industry unicorns, five publicly listed companies, and 46 specialized and innovative enterprises, highlighting its role as a "nurturing cradle" for strategic emerging industries [1] - The park has accumulated 7,175 intellectual property rights, indicating a strong emphasis on innovation and technology development [1]

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Insights - The company reported a cumulative operating revenue of 4.349 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 8.87%. However, the net profit attributable to the parent company decreased by 64.53% to 146 million yuan. In Q3 alone, the operating revenue reached 1.414 billion yuan, showing a year-on-year growth of 31.73%, while the net profit attributable to the parent company increased by 122.54% [6][8]. - The revenue decline is attributed to the ramp-up of production capacity, demand in the defense industry, and issues with revenue recognition. The company is still in the process of ramping up production, and the utilization rate remains low. Additionally, rising prices of precious metals have led to higher costs, impacting profitability [2][6][8]. - The company is focusing on its core business and aims to enhance its delivery capabilities while increasing investment in new domains and strategic emerging industries. Significant growth in orders has been observed in defense, new energy, and data communication sectors [6][8]. Summary by Sections Financial Performance - The company achieved total operating revenue of 5.025 billion yuan in 2024, with projections of 5.717 billion yuan in 2025, 7.454 billion yuan in 2026, and 9.282 billion yuan in 2027. The net profit attributable to the parent company is expected to be 505 million yuan in 2025, 867 million yuan in 2026, and 1.118 billion yuan in 2027, with corresponding year-on-year growth rates of 45%, 72%, and 29% respectively [19][19]. - The earnings per share (EPS) are projected to be 1.10 yuan in 2025, 1.90 yuan in 2026, and 2.45 yuan in 2027 [19]. Market Position and Strategy - The company is enhancing its technological innovation and market expansion efforts, achieving breakthroughs in key technologies. It has secured opportunities for three major new projects and has seen over 30% growth in orders from strategic emerging industries [6][8]. - The company is implementing refined management practices, focusing on cost control and optimizing marketing assessments to improve revenue recognition and cash flow [6][8].