*ST建艺（002789）一纸公告，让众人见识到了何为"化腐朽为神奇"。 刚刚（12月25日晚），这家市值仅15.96亿元的上市公司，抛出一则震撼市场的消息：控股股东珠海正 方集团霸气豁免其14亿元债务，还慷慨捐赠4亿元现金。这总计18亿元的"超级大礼包"，比公司总市值 还多出2亿有余。这哪是简单的雪中送炭，分明是直接搬来了一座金山，令人惊叹不已。 一、一纸"霸气侧漏"的公告 公告内容直白且干脆：控股股东正方集团出具《债务豁免函》《捐赠函》，明确表示豁免*ST建艺应偿 还的债务本金14亿元，以及相应利息889.67万元，同时向其捐赠4亿元现金资产。而且，这一切都是"自 愿、无偿、单方面、不附带任何条件、不可撤销、不可变更"的，态度坚决，毫无保留。 更耐人寻味的是，公告特别强调这是"上市公司单方面获得利益且不支付对价、不附任何义务的交易"， 还已向深交所申请豁免提交股东会审议。这意味着，这份大礼送得干净利落，流程都走了"绿色通道"， 尽显控股股东的果断与决心。 二、与时间赛跑的生死时速 市场似乎总是有着敏锐的嗅觉，在公告发布前就已"闻风而动"。 12月22日至25日，*ST建艺连续四个交易日涨停，股价从7.69 ...

Core Viewpoint - The current market fluctuations are not merely driven by capital but represent a systematic recovery of confidence, reflecting the gradual formation of a positive feedback mechanism between the Chinese economy and policy [1][6]. Group 1: Market Dynamics - The market is experiencing a "bunny-style" trend, characterized by small jumps and pauses, but consistently moving forward [1][6]. - Investors are advised to focus on long-term direction and asset selection rather than chasing short-term market rhythms [1][6]. Group 2: Factors Driving Market Confidence - The first factor is the reversal of pessimistic expectations regarding the transition of China's economic growth drivers, with the real estate market stabilizing and rental yields in core cities surpassing risk-free returns [2][3]. - The second factor is collective breakthroughs in technology, including advancements in AI, 6G, robotics, and innovative pharmaceuticals, which have bolstered confidence in China's technological progress [2][3]. - The third factor is the clear support for the private economy through policies like the Private Economy Promotion Law, which is reshaping investor confidence [2][3]. Group 3: Capital Market and Economic Interaction - The interplay between capital markets and the economy is creating a virtuous cycle, with institutional investors increasingly focusing on industry logic and company quality, leading to a more stable and sustainable market [4][5]. - The gradual transfer of household savings to capital markets is viewed as a moderate process, not a sudden shift, and should not be overly interpreted as a trigger for short-term market movements [4][5]. Group 4: Market Volatility and Investment Strategy - Market fluctuations are seen as a "battery" that accumulates energy for future growth, and appropriate corrections can help digest bubbles and prepare for the next upward movement [5][6]. - Investors are encouraged to maintain patience during market volatility and focus on fundamental signals such as industry competition and continuous improvement in corporate profitability [5][6]. Group 5: Future Outlook - The best companies in China are expected to thrive, with industry concentration likely to increase due to policy support and market competition [5][6]. - The focus should be on how companies can leverage capital markets for better development and industry integration, rather than expecting immediate large-scale demand stimulation [5][6].