汇添富稳健鑫添益六个月持有混合A（010870）成立日期2021年3月25日，最新规模8101.4万。今年以来 收益5.15%，同类排名6604/8136；近一年收益6.98%，同类排名6094/8056；成立以来收益15.55%。 11月21日，新安股份跌5.03%，截至发稿，报11.14元/股，成交3.06亿元，换手率2.00%，总市值150.35 亿元。 资料显示，浙江新安化工集团股份有限公司位于浙江省建德市新安江街道江滨中路1号新安大厦，成立 日期1993年5月12日，上市日期2001年9月6日，公司主营业务涉及农药化工、硅基新材料。主营业务收 入构成为：农化自产产品40.89%，硅基材料基础产品15.27%，硅基终端及特种硅烷产品13.96%，化工 新材料10.37%，其他8.67%，农化贸易产品7.95%，其他(补充)2.90%。 从基金十大重仓股角度 数据显示，汇添富基金旗下1只基金重仓新安股份。汇添富稳健鑫添益六个月持有混合A（010870）三 季度持有股数3.5万股，占基金净值比例为0.45%，位居第七大重仓股。根据测算，今日浮亏损失约2.06 万元。 林渌累计任职时间6年156天，现任基金 ...

据中国东方披露，其已累计投资近180亿元，切实助力新质生产力发展。中信金融资产等机构也围绕重 点领域，以市场化、专业化手段为企业注入金融活水，推动产业链提质增效。 从"救火队"到"治未病"，前瞻平滑周期低谷 AMC的核心能力在于逆周期运营和对企业资产负债表的深刻理解。如今，这一能力正被用于前瞻性地 识别和平滑优质企业的波动，积极"治未病"，助力其渡过阶段性危机. 近年来，光伏行业在经历高速增长与技术迭代的同时，也面临着结构性产能过剩、价格竞争加剧、融资 渠道收窄等挑战。晶澳科技便是经过多轮行业周期洗礼后，在经营、技术、品牌、销售等方面全方位领 先的光伏行业龙头企业。 "十五五"规划建议明确提出，要"加快高水平科技自立自强，引领发展新质生产力"，将科技创新摆在国 家发展全局的重要位置。 随着经济结构转型不断深化，战略性新兴产业在迎来发展机遇的同时，也必然要经历成长阵痛与周期波 动。当前，以逆周期运营和风险化解为核心能力的资产管理公司（AMC）正以纾困为核心抓手，通过 多元金融工具盘活存量资产、化解行业风险，成为稳定经济大盘、支持产业升级的重要力量。 不仅限于对单家公司、单个项目的纾困盘活，当前，AMC还通过组建 ...

Core Insights - The new materials industry in Bengbu, Anhui, is positioned as a strategic and foundational sector, crucial for building a modern industrial system, with a focus on innovation and integration [1] - The industry has attracted 411 new materials companies, achieving a scale exceeding 66 billion yuan, with a focus on silicon-based and bio-based materials [1] Group 1: Silicon-based New Materials - Bengbu is developing a unique competitive advantage in silicon-based new materials, supported by national innovation centers and laboratories [2] - The city aims to establish itself as "China's Glass Valley," being the only city capable of producing all glass varieties needed for the display industry [2] - Local silicon-based materials are widely used in electronics and renewable energy, contributing significantly to high-end glass material independence [2] Group 2: Bio-based New Materials - Bio-based new materials represent a distinctive industry with innovative advantages in Bengbu, featuring a complete industrial chain from lactic acid bacteria to polylactic acid products [3] - The industry is led by Fengyuan Group, which produces biodegradable tableware and has been recognized as a key supplier for major events like the Beijing Winter Olympics [5] - Bengbu has implemented a plastic ban and promotes the use of bio-based products, enhancing the application scenarios for these materials [5] Group 3: Chemical New Materials - The chemical new materials sector in Bengbu is supported by two provincial chemical parks, focusing on fine chemicals, biomedicine, and chemical new materials [6] - The region has significant market shares in vitamin products and specialized chemicals, with companies like Yishitong leading in lithium battery separator materials [6][8] - Yishitong has a global market share of 43% in its field and has developed numerous patents, pushing forward green and low-carbon projects [6] Group 4: Industry Development Ecosystem - Bengbu's new materials industry benefits from a robust support system, with 46 provincial-level innovation platforms established [8] - The city has nurtured a range of high-quality enterprises, including national champions and specialized "little giant" companies, fostering a gradient development of the industrial cluster [8] - In the first nine months of 2024, the new materials industry in Bengbu achieved a production value of 56.595 billion yuan, reflecting a year-on-year growth of 12.6% [8]

Core Viewpoint - Fidelity Industrial, a significant shareholder of Hoshine Silicon Industry, plans to fully divest its shares due to personal funding needs, marking a notable exit after over a decade of investment [2][5]. Shareholder Reduction Plan - Fidelity Industrial intends to reduce its holdings by up to 27,070,500 shares, representing 2.29% of Hoshine's total equity, within three months [2][3]. - The reduction will be executed through a combination of centralized bidding (up to 11,822,100 shares, or 1%) and block trading (up to 15,248,500 shares, or 1.29%) [2]. - Based on the closing price of 58.51 CNY per share on November 10, the total expected cash from this divestment is approximately 1.584 billion CNY [2]. Historical Context of Shareholding - Fidelity Industrial has been gradually reducing its stake in Hoshine Silicon since 2018, having initially acquired 32.89% of shares in 2011 [5]. - By the time of Hoshine's IPO in 2017, Fidelity held 24.62% of shares, which it began to sell shortly after the lock-up period ended, resulting in a significant reduction to 12.31% within six months [5]. - Over approximately seven years, Fidelity has executed seven rounds of share reductions, totaling 171 million shares and generating around 13.402 billion CNY in cash [5]. Company Performance and Financial Health - Hoshine Silicon reported its first loss since public disclosure in the first half of 2025, with revenues of 9.775 billion CNY, down 26.34% year-on-year, and a net loss of 397 million CNY, a 140.60% decline [7]. - In the third quarter of 2025, the company achieved revenues of 5.43 billion CNY, a 23.51% decrease year-on-year, and a net profit of 75.67 million CNY, reflecting an 84.12% decline compared to the previous year [7]. - Cumulatively, for the first three quarters of 2025, Hoshine's revenue was 15.206 billion CNY, down 25.35%, with a net loss of 321 million CNY, a 122.10% decline [7]. Industry Context and Future Outlook - The silicon-based materials sector, particularly in the photovoltaic industry, is under pressure due to supply-demand imbalances and declining prices [7][8]. - Hoshine's management indicated that recent government policies and industry self-regulation are fostering a healthier market environment, which may lead to improved conditions for the upstream industrial silicon sector [8][9]. - Analysts suggest that the photovoltaic industry is undergoing a critical adjustment phase, with signs of gradual market improvement [10].

Core Viewpoint - The major shareholder, Fuda Industrial, plans to reduce its stake in Hesheng Silicon Industry due to funding needs, which reflects the company's ongoing operational pressures and declining profitability [1][3]. Shareholder Actions - Fuda Industrial intends to reduce its holdings by up to 11.82 million shares through centralized bidding and up to 15.25 million shares through block trading, totaling a maximum of 27.07 million shares, representing 2.29% of the company's total equity [1][2]. - Prior to this reduction, Fuda Industrial held 27.07 million unrestricted shares, making it the fifth-largest shareholder. If the reduction is fully executed, Fuda will exit its position entirely [2]. - Fuda Industrial initially held 165 million shares at the time of Hesheng's IPO, representing 24.62% of the company, but has been gradually reducing its stake since 2018, having already cashed out over 10 billion yuan through multiple reductions [2]. Company Performance - Hesheng Silicon Industry, a leader in the silicon-based materials sector, has faced significant operational challenges, particularly in the competitive crystalline silicon photovoltaic industry, leading to a sharp decline in profitability [3]. - The company's net profit dropped from 8.22 billion yuan in 2021 to 1.54 billion yuan in 2024, with a further decline expected in 2025 [3]. - For the first three quarters of 2025, Hesheng reported a revenue of 15.206 billion yuan, a year-on-year decrease of 25.35%, and a net loss of 321 million yuan, a decline of 122.1% [3]. - However, in Q3 of this year, the company saw a turnaround with a net profit of 76 million yuan and a 14.92% increase in revenue to 5.430 billion yuan, driven by rising prices and volumes in industrial silicon [3].

每经编辑｜许绍航 11月10日，合盛硅业发布公告，股东富达实业因自身资金需求，计划在2025年11月14日至2026年2月13日期间，减持不超过2707万股，约占公司总股本的 2.29%，占其所持比例的100%。 值得一提的是，富达实业本次减持的股份均为IPO前取得。据悉，富达实业于2011年2月1日在香港开业，为黄达文独资私人企业。 资料显示，合盛硅业的主营业务为工业硅、有机硅及多晶硅等硅基新材料产品的研发、生产及销售，最新市值约为 691.7 亿元。 业绩方面，2025 年前三季度，公司实现营业收入152.06亿元，同比下降25.35%；归母净利润为-3.21亿元，同比下降122.1%；扣非归母净利润-2.71亿元， 同比下降120.61%。 编辑|||许绍航 杜恒峰 校对|金冥羽 其中通过集中竞价方式减持不超过1182.21万股（不超过总股本的1%），通过大宗交易方式减持不超过1524.85万股（不超过总股本的1.29%）。若以公告 当日收盘价58.51元/股计算，本次套现金额约为15.84亿元。 每日经济新闻综合自证券时报公开信息 ...

Core Insights - The company reported a revenue of 5.43 billion yuan for Q3 2025, a year-on-year decrease of 23.51%, and a net profit attributable to shareholders of 75.67 million yuan, down 84.12% year-on-year. However, the quarterly profit indicators have turned positive compared to the loss in the first half of the year [2] - Despite the recovery in Q3, the company remains in a loss position for the first three quarters, with a cumulative net profit of -321 million yuan. Significant changes in financial indicators include asset impairment losses of 213 million yuan for the first three quarters, compared to -167 million yuan in the first half, and other income of 409 million yuan, an increase from 298 million yuan in the first half [2] - The company is primarily engaged in the research, production, and sales of silicon-based new materials, including industrial silicon, organic silicon, and polysilicon, and is one of the largest enterprises in China's silicon-based new materials industry [2] Industry Outlook - The company has indicated that it will focus on three key factors moving forward: the advancement of "anti-involution" in the photovoltaic industry and changes in polysilicon operating rates, the demand pull from emerging industries for organic silicon, and the progress of eliminating backward production capacity and the pace of resumption of production [3] - It is anticipated that with the gradual optimization of the supply-demand structure, industrial silicon prices are expected to operate within a reasonable range, and a recovery in market demand will lead to a phased restoration of profitability [3]

Core Insights - The article highlights the development momentum in Ahuh Town, Xinyi City, focusing on the dual growth of industrial and agricultural sectors to achieve rural revitalization [1][2] Industrial Development - Ahuh Town aims to become an "industrial strong town" by implementing the "Four Pings and Four Competitions" initiative, promoting both industrial and agricultural growth [1] - The Hongjingyuan high-purity precision quartz device project, with a total investment of 120 million yuan, has quickly captured high-end markets such as semiconductors and photovoltaics since its production began in May [1] - The town has signed five new projects this year and is in discussions for nine more, emphasizing a "storekeeper" service model to support project construction [1] Agricultural Development - The modern agricultural sector is also progressing, with the introduction of standardized planting in smart greenhouses, leading to a projected yield of over 450,000 pounds of grapes and a 30%-40% increase in efficiency [1] - The area dedicated to "Ahuh grapes" has reached 12,000 acres, contributing to Xinyi becoming Jiangsu Province's largest concentrated area for facility-based grape cultivation, with an annual output exceeding 50 million pounds and a production value over 300 million yuan [1] Sweet Potato Industry - The sweet potato industry is expanding, with 3,000 acres under cultivation, and the town is negotiating to introduce deep processing projects to enhance the industry [2] Infrastructure and Community Development - Continuous improvement of agricultural infrastructure, including a 80-kilometer water system, supports stable grain production, with over 300 acres of rice expanded this summer [2] - The town has invested over 2 million yuan in environmental management, achieving provincial-level assessments for several villages and transitioning from emergency measures to sustainable practices [2] Future Goals - The town plans to maintain a dual-driven approach to industrial and agricultural development, focusing on industry upgrades and enhancing public service quality to create a prosperous rural community [2]

Group 1 - The article highlights the innovative "Technology Vice President" flexible talent introduction mechanism in Shandong City, aimed at bridging the gap between education and technology talent [1][3] - The mechanism allows for deeper integration of academic research and enterprise needs, moving beyond traditional project-based collaborations [2][3] - The initiative has led to significant growth in technology-driven enterprises in the region, with an annual increase of 46% in the number of such companies [2] Group 2 - The first batch of 15 engineering PhDs from Shangluo University has been appointed as "Technology Vice Presidents," leading to the establishment of research centers and successful patent applications [4][6] - The "Technology Vice Presidents" have facilitated key technological breakthroughs in various sectors, including electronics and agriculture, enhancing local industry capabilities [5][6] - The program has fostered a collaborative environment where enterprises and academic institutions work together on research and development, leading to a more integrated innovation ecosystem [7][8] Group 3 - The initiative has resulted in the development of new products and technologies, such as high-purity quartz sand and low-temperature preservation techniques for chestnuts, benefiting local farmers and industries [6][5] - The "Technology Vice Presidents" are not only solving immediate technical challenges but also transforming the R&D models of companies, promoting a culture of continuous innovation [8][7] - The program emphasizes the importance of talent cultivation, establishing dual mentorship mechanisms that enhance knowledge transfer between academia and industry [8]

Core Insights - Gansu Yumen Economic Development Zone has been recognized as one of the "Top 100 Provincial Development Zones with Development Potential in 2025" at the "China County/City High-Quality Development Seminar 2025" [1] Group 1: Development Strategy - Yumen Economic Development Zone adheres to the "Industrial Strong City" strategy, establishing a modern industrial structure of "one area and three parks" [1] - The industrial park focuses on sectors such as new energy equipment manufacturing, silicon-based new materials, mining building materials, logistics, and deep processing of agricultural products, continuously expanding its industrial scale and enhancing competitiveness [1] Group 2: Industrial Focus - The old city chemical industrial park concentrates on petroleum chemistry and new chemical materials, leveraging its strong industrial foundation to promote transformation and upgrading [1] - Yumen East Building Materials Chemical Industrial Park is focused on coal chemistry and fine chemicals, recognized by the Ministry of Agriculture and Rural Affairs as a key park for pesticide production capacity during the 14th Five-Year Plan, indicating significant development potential [1] Group 3: Future Goals - The Yumen Economic Development Zone aims to achieve the goal of "four zones, one highland, and one garden," deepening the industrial strong city strategy, optimizing the environment, enhancing investment attraction, fostering innovation, and promoting transformation [1]