人民财讯9月30日电，上海市人民政府办公厅印发《上海市政府投资基金管理办法(试行)》。其中提 出，政府投资基金应根据不同定位分类设置管理要求。对创业投资类基金，可适当提高政府出资比例、 放宽基金存续期要求、延长基金绩效评价周期，推动创业投资类基金作为耐心资本投早、投小、投硬科 技。对产业投资类基金，应建立多元出资结构，适当降低政府出资比例，吸引更多社会资本，聚焦支持 重点产业关键环节和重点项目。 ...

Core Viewpoint - The acquisition of controlling interest in Tongyu Heavy Industry Co., Ltd. by Guohui Capital, a wholly-owned subsidiary of Shandong Development Investment Holding Group, marks a strategic move to optimize industrial layout and empower the high-end equipment industry in Shandong's new energy sector [1][3]. Group 1: Company Overview - Shandong Development Group, established in January 2016, is a key state-owned enterprise managed by the Shandong Provincial Party Committee, overseeing various funds and operating management functions [3]. - Guohui Capital focuses on industrial investment, financial services, asset management, and innovation incubation, with interests in salt, new energy, and new materials sectors [3]. - Tongyu Heavy Industry, founded in May 2002 and listed on the Shenzhen Stock Exchange in March 2011, is a leading enterprise in Shandong's new energy equipment sector and a significant platform for industrial equipment R&D and manufacturing [3]. Group 2: Transaction Details - The completion of the acquisition results in Guohui Capital becoming the controlling shareholder of Tongyu Heavy Industry, with the actual controller now being the Shandong Provincial State-owned Assets Supervision and Administration Commission [1][3]. - This transaction initiates a new chapter of collaborative development between state capital, industry leaders, and capital platforms, enhancing resource aggregation and capital empowerment effects [3]. Group 3: Financial Advisory Role - Shenwan Hongyuan Securities acted as the financial advisor for the transaction, emphasizing a client-centered service approach and leveraging extensive project experience to facilitate the deal [5]. - The firm aims to continue providing comprehensive financial services that align with clients' strategic development needs, contributing to the high-quality development of the real economy [5].

智通财经APP获悉，中金发布研报称，考虑股权结构优化以及机器人产业发展利好不断释放，上调首程 控股(00697)目标价21%至每股3.3港元，较当前股价具备30%的上行空间，对应2.8倍2025年P/B，维持跑 赢行业评级。该市净率幅度较公司目前产业投资公允价值较账面价值(成本法)的溢价倍数可能仍偏保 守。公司交易于2.1倍2025年P/B。 中金主要观点如下： 该行将此次交易视为首程控股进一步优化其持股结构的重要契机。2025年之前，首程控股股权结构的一 大特征是产业投资者相对金融市场机构投资者占比偏高，长期资金相对短期资金占比偏高，这一度压制 了股票的流动性和新增机构投资者的介入。步入2025年以后，公司做出多次举措以持续改善流通盘，包 括二季度面向海外投资者发行1.8亿美元可转换债券，以及近期9月初进行了6亿港元配股等等。如果说 前两次操作对于公司股权造成一定的稀释，那么此次周大福创建的退出，只涉及股份的交换，而不涉及 增发。 此次交易完成后，该行认为公司有效的流通盘比例(剔除一些不太进行二级市场交易的产业和战略投资 者)或从2025年前10%左右扩大至30%左右，流动性显著改善。此外，二季度的可转债以 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 东坡产投构建了全方位、多层次的内控体系，严格遵守各项监管规定，实现国有资产保值增值率较上年 提升18.33%。同时，东坡产投积极履行国企担当和社会责任，在乡村振兴、粮食安全、环境治理、生 态修复等方面实施了一系列重大民生工程项目，实现经济效益与社会效益的协同发展。 中共眉山东坡产业发展投资有限公司委员会书记肖文成表示："作为国有企业，东坡产投始终秉持社会 责任和经济责任并重的办企理念，特别注重与国家大政方针保持一致，以宏观政策为指引，精准谋划地 方经济发展路径和国企运营方向。在传统水务板块上，我们践行绿水青山就是金山银山理念，在污水治 理领域投入大量资源与精力，持续提高污水治理水平，推动城乡环保治理成效显著提升。在供水领域， 通过岷江、青衣江两大水系双引水模式优化水源结构，切实改善群众饮水品质，同步推进工业供水项目 建设，为地方工业发展提供稳定水资源支撑，实现经济效益与社会效益双赢。在农业板块上，我们紧扣 建设更高水平'天府粮仓'目标，秉持农业为民的初心，以智慧农业为核心驱动力，大力推进高标准农田 建设与智慧农业布局，有效提升区域农业产 ...

Core Viewpoint - The event "2025 Shanghai Listed Companies Collective Reception Day and Mid-Year Performance Briefing" was successfully held, where Zhangjiang Hi-Tech (600895) addressed investor inquiries regarding its future investment directions [1] Group 1: Company Strategy - The company continues to focus on the new productivity sector, planning to invest through a combination of direct investment, funds, and incubation [1] - Investment will be centered around the leading industries of Zhangjiang Science City, specifically integrated circuits, biomedicine, and artificial intelligence [1] - The goal is to create a foundation of high-quality industrial space, with specialized industrial investment at its core, and comprehensive industrial services as a guiding force [1]

Group 1 - Dongjin Semichem, a leading company in functional wet electronic chemicals with the highest global market share, announced the sale of ten factories in China for $260 million [2][3] - The factories, located in major cities such as Beijing, Wuhan, and Chengdu, primarily focus on wet electronic chemicals and materials for integrated circuits and high-end optoelectronics [3] - Dongjin's projected revenue for 2024 is approximately 7.2 billion RMB, with profits around 800 million RMB, and the ten factories are estimated to account for about 25% of the company's revenue and profit [3] Group 2 - Chuxin Holdings, an international investment and incubation platform, has a decade-long focus on hard technology investments and has previously completed cross-border acquisitions in the tech sector [4] - The acquisition marks a significant collaboration between Chuxin Fund and the Qingdao government, aiming to establish an international semiconductor and optoelectronic research center in Qingdao [4] - Chuxin Fund's innovative "industry + fund + park" investment model emphasizes long-term support for companies rather than just financial investment, distinguishing it from traditional VC/PE approaches [4]

Core Viewpoint - Hangzhou City Investment Group is focusing on integrating technological and industrial innovation to enhance urban competitiveness and promote the development of new productive forces in the city [6][7]. Group A: Green Energy Industry Upgrade - The Hangzhou City Investment Group has developed a solar-powered charging station at the Hangqian Expressway service area, which is the largest of its kind in domestic highway service areas and marks the first large-scale application of photovoltaic technology in Zhejiang [8]. - The group has also launched a dual-green model at the Xiazhong Village agricultural photovoltaic power station, which has a total installed capacity of 20.84 MW and is expected to generate an average annual power output of 22.57 million kWh, saving 6,787 tons of standard coal and reducing CO2 emissions by 17,000 tons annually [9]. - The City Energy Group is extending its clean energy layout to various scenarios, including urban rooftops and landfills, creating a "green energy matrix" to ensure grid stability and promote sustainable urban development [10][11]. Group B: Equipment Manufacturing Upgrade - The equipment manufacturing sector is transitioning towards intelligent manufacturing, with companies like Hangdian Manufacturing focusing on high-end products and achieving significant R&D milestones, including over 500 patents [12][13]. - The establishment of a new production base for methanol-powered electric vehicles marks a significant step in the development of the new energy commercial vehicle industry in Hangzhou [14]. Group C: Industrial Investment Upgrade - The "Hangzhou City Investment · Future 500+" project is a core initiative aimed at creating a new energy industry cluster, with plans for completion by the end of 2025 [15][16]. - The City Investment Group is targeting new infrastructure, new materials, new energy, and artificial intelligence as key investment areas, utilizing a "fund + base + industry +招商" model to drive high-quality development [17][18].

东湖高新（600133）(600133.SH)发布公告，公司拟与公司全资子公司东湖投资、咸宁高新资本运营有 限公司(简称"咸宁资本")、咸宁高新产业（300832）发展有限公司(简称"咸宁产业")共同发起设立"咸宁 东高产业投资基金合伙企业(有限合伙)"(暂定名，最终名称以市场监督管理局核准登记名称为准)。咸宁 东高基金规模为人民币5亿元，公司认缴出资人民币2亿元，作为有限合伙人，占基金规模的40%;公司 全资子公司东湖投资认缴出资人民币5,000万元，作为基金普通合伙人，占基金规模的10%;咸宁资本认 缴出资人民币12,500万元，作为有限合伙人，占基金规模的25%;咸宁产业认缴出资人民币12,500万元， 作为有限合伙人，占基金规模的25%。出资方式均为货币出资。 咸宁东高基金将重点投资新材料、先进制造、大健康、生物医药、电子信息等领域的优质企业。 ...

Core Viewpoint - The company is participating in the establishment of a new investment fund with a total scale of 500 million RMB, focusing on various high-potential sectors [1] Group 1: Fund Structure - The company will act as a limited partner, committing 200 million RMB, which represents 40% of the fund's total size [1] - The company's wholly-owned subsidiary, Donghu Investment, will serve as the general partner, contributing 50 million RMB, accounting for 10% of the fund [1] - Other limited partners include Xianning Capital and Xianning Industry, each contributing 125 million RMB, which is 25% of the fund's total size [1] Group 2: Investment Focus - The fund will primarily invest in high-quality enterprises in sectors such as new materials, advanced manufacturing, health and wellness, biomedicine, and electronic information [1]

Group 1 - The establishment of Zhongrun Guohe (Guangdong) Industrial Investment Holding Co., Ltd. has been reported, with a registered capital of 50 million yuan [1] - The legal representative of the new company is Sun Xiancheng, and its business scope includes investment activities, urban park management, land remediation services, supply chain management services, and seawater desalination [1] - The company is wholly owned by Beijing Yuanxin Mining Technology Co., Ltd., which is jointly held by China CITIC Group and Baiyin Nonferrous Metals [1]