证券之星消息，1月21日通用设备板块较上一交易日上涨1.0%，金太阳领涨。当日上证指数报收于 4116.94，上涨0.08%。深证成指报收于14255.12，上涨0.7%。通用设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300606 | 金太阳 | 39.13 | 19.96% | 51.97万 | | 18.36亿 | | 688622 | 末信仪器 | 121.90 | 12.18% | 4.16万 | | 4.90亿 | | 002342 | 巨力索具 | 11.19 | 10.03% | 177.01万 | | 18.85 Z | | 002931 | 锋龙股份 | 82.25 | 10.00% | 2.22万 | | 1.83亿 | | 603090 | 宏盛股份 | 90.74 | 10.00% | 2.76万 | | 2.42 Z | | 301377 | 鼎泰高科 | 169.00 | 9.23% | 8.57万 | | 13.80亿 ...

今天，浙江省统计局公布了2025年浙江经济运行情况：根据地区生产总值（GDP）统一核算结果，2025 年浙江省地区生产总值94545亿元，按不变价格计算，比上年增长5.5%，高于全国（5.0%）。 2025年，浙江扎实推进"十项重大工程"，加力加快释放宏观政策效应，有效应对各种风险挑战，全省经 济顶压前行、向新向好，为"十四五"规划圆满收官和"十五五"良好开局奠定了坚实基础。 一、经济大盘稳固夯实 根据地区生产总值（GDP）统一核算结果，2025年，全省地区生产总值94545亿元，按不变价格计算， 比上年增长5.5%，高于全国（5.0%）。分产业看，第一产业增加值2657亿元，增长3.9%；第二产业增 加值35682亿元，增长5.1%；第三产业增加值56206亿元，增长5.8%。 （一）生产供给稳步扩张 农业生产形势稳定。2025年，粮食产量661.9万吨，比上年增长1.8%；水果产量773.4万吨，增长3.8%； 猪牛羊禽肉类产量119.8万吨，下降2.4%；禽蛋产量增长10.5%；水产品产量730.4万吨，增长4.5%。 （二）市场需求持续释放 消费潜力不断释放。2025年，社会消费品零售总额3.92万亿 ...

2026年1月21日，锋龙股份（sz002931）触及涨停，涨停价74.77元，涨幅10%，总市值179.72亿元，流 通市值165.53亿元，截止发稿，总成交额1.06亿元。 声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 责任编辑：小浪快报 根据喜娜AI异动分析，锋龙股份涨停原因可能如下，优必选入主+控制权稳定+资金支持： 1、公司公告 显示，优必选科技将通过协议转让和要约收购方式取得锋龙股份控制权，以17.72元/股价格收购43.01% 股份，交易金额超16亿元。优必选作为国内机器人龙头，其入主会带来技术、品牌和资源协同效应。新 股东还承诺36个月内不减持，保持控制权稳定。 2、原股东无偿赠与8300万元现金，有助于改善公司财 务状况。同时， ...

从资金流向上来看，当日通用设备板块主力资金净流出39.46亿元，游资资金净流入7.89亿元，散户资金 净流入31.58亿元。通用设备板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300179 | 四方达 | 1.821Z | 11.52% | -6395.60万 | -4.04% | -1.18 Z | -7.48% | | 301468 | 博盈特焊 | 7727.37万 | 7.86% | -4946.70万 | -5.03% | -2780.67万 | -2.83% | | 600172 黄河旋风 | | 7660.38万 | 8.09% | 3562.48万 | 3.76% | -1.12 Z | -11.85% | | 688308 | 欧科亿 | 5494.72万 | 6.41% | 2644.49万 | 3.08% | -8139.21万 | -9.49% | | 3006 ...

Report Industry Investment Rating - The overall rating for commodities and stock index futures is neutral [4] Core Viewpoints - The upward trend of the non - ferrous sector may slow down in the short term, while there is a certain divergence between domestic and foreign economic outlooks. Attention should be paid to the rotation potential of low - valued sectors, and specific opportunities and risks in different commodity sectors [1][2][3] Summary by Related Catalogs Market Analysis - The driving force of the non - ferrous sector has slowed down. Trump announced no new tariffs on key mineral imports but plans to impose tariffs on goods from eight European countries starting from 2026. The Fed Chairman candidate situation is uncertain, and the CME will adjust the margin settings for precious metals. The CMX - LME spread of copper has converged, so the short - term upward trend of the non - ferrous sector may ease. On January 19, the market fluctuated, with gold stocks, grid equipment stocks, and robot concepts performing well [1] Domestic and Foreign Economic Situation - Since October, overseas economic prosperity has declined, but China's exports and new orders remain positive. In December, China's exports and imports exceeded expectations. China's GDP in 2025 increased by 5% year - on - year, reaching over 140 trillion yuan. Fixed - asset investment decreased by 3.8% year - on - year, while the mining and manufacturing industries had positive investment growth. China's official manufacturing and non - manufacturing PMIs in December were better than expected, while the US manufacturing index declined and non - farm payrolls were lower than expected [2] Commodity Sector Analysis - In the non - ferrous sector, long - term supply constraints remain, but short - term growth may slow. In the energy sector, the US plans to "sell on behalf of" Venezuelan oil, and Trump hopes to lower oil prices. In the chemical sector, the "anti - involution" space of methanol, PTA and other varieties is worthy of attention. For agricultural products, weather and short - term pig diseases should be monitored. In the black metal sector, domestic policy expectations and undervalued repair potential should be focused on. For precious metals, there are opportunities to buy gold on dips [3] Market Trends and Key Data - On January 19, the market fluctuated, with gold stocks, grid equipment stocks, and robot concepts rising. China's GDP in 2025 reached 140.1879 trillion yuan, with different growth rates in different industries and quarters. In December, China's industrial added value increased by 5.2% year - on - year, while social consumption growth slowed. Fixed - asset investment decreased by 3.8% year - on - year, and real estate investment decreased by 17.2% year - on - year [5]

证券研究报告 机械设备 | 通用设备 北交所|新股申购 hyzqdatemark 2026 年 01 月 20 日 赵昊 SAC：S1350524110004 zhaohao@huayuanstock.com 联系人 胡文瀚 证券分析师 投资要点： 请务必仔细阅读正文之后的评级说明和重要声明 huwenhan@huayuanstock.com 美德乐(920119.BJ) ——深耕智能物流装备，乘新能源东风有望加速成长 美德乐本次发行价格 41.88 元/股，发行市盈率 14.33X，申购日为 2026 年 1 月 21 日。本次发行数量为 1600 万股，发行后总股本为 7212 万股，本次发行数量占发行 后总股本的 22.18%。经我们测算，公司发行后预计可流通股本比例为 22.18%，老 股占可流通股本比例为 0%。本次发行战略配售发行数量为 160 万股，占本次发行 数量的 10.00%。有 5 家战略投资者参与公司的战略配售。美德乐此次募投项目预计 投资总额 79428 万元，募集资金将主要用于：大连美德乐四期建设项目、华东工业 自动化输送设备生产及研发项目、高端智能化输送系统研发生产项目、美德乐华 ...

2026 年 01 月 20 日 2025 年平稳收官，关注经济和权益开门红 宏观研究团队 ——兼评 Q4 经济数据 何宁（分析师） 陈策（分析师） hening@kysec.cn 证书编号：S0790522110002 chence@kysec.cn 证书编号：S0790524020002 GDP：Q4 经济放缓符合预期，顺利实现全年目标 1、2025Q4 实际 GDP 同比增长 4.5%、符合万得一致预期。分产业看，Q4 第一、 二、三产业的 GDP 同比分别较前值分别变动了+0.2、-0.8、-0.2 个百分点，第二 产业拖累较大；价格水平温和修复，名义与实际 GDP 的增速差收窄至-0.7%。 2、2025 全年顺利实现了 5.0%的经济增速目标，从生产法来看，有两处数据趋 势不一致。(1)建筑业 GDP 下行幅度明显缓于房建基建，推算 2025Q4 建筑业 GDP 约-2.7%，较 2025Q3 下行 0.4 个百分点，与房建、基建的下行斜率相比明显偏 缓，"建筑业平减指数降幅扩大"或能解释一部分；(2)第三产业 GDP 同比自 2023 年以来首次高于服务业生产指数同比。 3、居民可支配收入小幅降 ...

2026年1月20日，锋龙股份（sz002931）触及涨停，涨停价67.97元，涨幅10%，总市值163.38亿元，流 通市值150.48亿元，截止发稿，总成交额2036.49万元。 责任编辑：小浪快报 根据喜娜AI异动分析，锋龙股份涨停原因可能如下，机器人入主+控制权稳定+募投调整： 1、锋龙股份 近期公告显示，国内领先的机器人企业优必选作为战略投资者入主公司，可能带来技术、业务等资源支 持，长期发展潜力大。同时新实控人承诺36个月内维持控制权，优必选所持股份36个月内不减持不质 押，为公司发展提供稳定预期。 2、转让方承诺2026 - 2028年归母净利润分别不低于1000万、1500万和 2000万元，还无偿赠与8300万元现金资产，直接改善公司财务状况。此外，公司将募投项目节余资金 1.38亿元永久补充流动资金，可降低财务成本，提高资金使用效率。 3、市场方面，近期机器人概念热 度较高，行业内相关个股表现活跃。锋龙股份此次引入优必选，契合市场热点，引发资金关注。东方财 富数据显示，当日通用设备板块部分个股也有不同程度上涨，形成一定的板块联动效应。 4、技术形态 上，该股在停牌前股价已有异动，MACD指 ...

Group 1: BYD / Passenger Vehicles - BYD reported a total sales volume of 4.6024 million vehicles in 2025, representing a year-on-year increase of 7.73% despite a monthly sales decline of 18.3% in December 2025 [3][4] - The sales of the high-end model "Fangchengbao" surged by 345.5% year-on-year in December 2025, with annual sales reaching 235,000 units, indicating a strong performance in the high-end market segment [4] - BYD's overseas sales reached 1.0496 million units in 2025, a year-on-year increase of 145%, solidifying its position as the global leader in the new energy vehicle market [4][5] Group 2: Kangnuo Ya-B / Biopharmaceuticals - Kangnuo Ya's innovative biological agent, Kangyueda, has been included in the national medical insurance reimbursement list, enhancing patient accessibility and reducing financial burdens [6][7] - The drug shows significant efficacy in treating moderate to severe atopic dermatitis, with response rates of 92.5% and 77.1% for EASI-75 and EASI-90, respectively [7] - Revenue projections for Kangnuo Ya are estimated at 741 million yuan for 2025, increasing to 1.9 billion yuan by 2027, with a "buy" rating assigned based on the growth potential of its innovative product pipeline [8] Group 3: Lithium Carbonate and Glyphosate Industry - The lithium carbonate price increased by 14.69% week-on-week, reaching 140,500 yuan per ton, driven by strong demand in the energy storage sector [17] - Glyphosate prices rose by 4.78% week-on-week, reflecting a recovery in demand and a tightening supply situation in the market [17][12] - The chemical industry is expected to experience a revaluation due to supply-side changes and a potential shift towards higher dividend yields as capacity expansion slows [12][13] Group 4: Shenli Environment / General Equipment - Shenli Environment is focusing on expanding production capacity and overseas markets, with a significant increase in orders for high-efficiency liquid cooling equipment [36][38] - The company aims to enhance its product delivery capabilities through the establishment of new intelligent production lines, ensuring timely and high-quality order fulfillment [38] - The data service segment is projected to become a core growth driver, with substantial order growth expected in the coming years [40][41] Group 5: Textile and Apparel Industry - The textile manufacturing sector is expected to improve as tariff impacts wane, with a focus on leading manufacturers benefiting from stable operations and improved order flows [43][44] - The domestic sports footwear and apparel market is showing signs of recovery, particularly among high-end brands, with expectations for accelerated growth in 2026 [44] - The luxury goods market in China is gradually recovering, driven by wealth effects and improved retail performance, with a projected growth of approximately 4% in 2026 [45]

Group 1: Industry Perspective on Institutional Research - The research indicates an increase in the research heat for the power equipment, computer, and non-ferrous metals sectors, despite a general decline in total research counts across the A-share market [3][12] - In the week of January 12 to January 18, 2026, the total number of institutional research instances across the A-share market was 198, down from 290 in the same week of 2025, indicating a cooling trend in research activity [13][21] - The mechanical equipment, power equipment, electronics, computers, and non-ferrous metals sectors ranked highest in terms of research attention during this period [13][20] Group 2: Individual Stock Perspective on Institutional Research - The stocks of Taihe New Materials, Yunnan Copper, and Boying Special Welding received significant market attention, with Taihe New Materials being researched 6 times in the past week [28][32] - Over the past month, stocks such as Ice Wheel Environment, Boying Special Welding, Taihe New Materials, and others have also garnered considerable research interest, indicating a trend of increasing focus on these companies [33][34] - Taihe New Materials operates in the high-end chemical products sector, with applications in commercial aerospace and computing centers, and has been frequently researched due to its innovative product offerings [4][32]