Group 1: Research Basic Information - Research object: Dier Laser [17] - Industry: Special equipment [2][17] - Reception time: June 12, 2025 [17] - Listed company reception staff: Director and Deputy General Manager Duan Xiaoting, Board Secretary and Financial Controller Liu Zhibo [17] Group 2: Detailed Research Institutions - Reception object: Investor online questions, others [20] - Reception object type: Others [20] - Institution - related personnel: Not specified [20] Group 3: Main Content Company's Business and Orders - The company has new laser technology coverage and order achievements in TOPCon, XBC and other laser technologies [24] - The company's production and operation are normal, and order contracts are being fulfilled normally. It mainly adopts the "production based on sales" mode, and the capacity utilization rate has certain flexibility [28] Company's Financial Performance - In the first quarter of 2025, the company achieved an operating income of 561 million yuan, a year - on - year increase of 24.55%; the net profit attributable to shareholders of the listed company was 163 million yuan, a year - on - year increase of 20.76% [26] Company's Investor - related Measures - The company has established a long - term market value management mechanism, including improving operating quality, equity incentives, cash dividends, share repurchases, enhancing information disclosure quality and transparency, and strengthening investor communication [26] - Since its listing in 2019, the company has conducted cash dividends every year, with a cumulative cash dividend of 507 million yuan. In 2024, the company announced a cash dividend of 106 million yuan on June 5, 2025 [26] - In 2024, the company repurchased 1,062,460 shares through the repurchase special securities account by centralized bidding trading, with a total transaction amount of 50,034,572.20 yuan (excluding transaction fees) [27]

Group 1: General Information - The research object is CSSC Emergency, belonging to the special equipment industry, and the reception time was on June 12, 2025. The company's chairman Wang Xiaofeng and the company's chief accountant, general legal counsel, and board secretary Jia Zhihao received the investors [16] - The investors participated in the 2025 Hubei listed companies' collective investor reception day event through the panoramic network (https://rs.p5w.net) [19] Group 2: Main Research Content Impact of Nuclear Energy Construction - The acceleration of nuclear energy construction will have a positive impact on the performance of the company's subsidiary, Xi'an Shanchai Heavy Industry Nuclear Emergency Equipment Co., Ltd., which is engaged in the R & D, design, production, installation, technical consultation, maintenance, sales, and technical services of nuclear power plant emergency diesel generator sets and accessories [23] Business Improvement Measures - The company will focus on its core business, develop the market, and provide solutions and products. It will drive innovation, conduct research on new scenarios, new energy, intelligence, and unmanned technologies. It will focus on value creation, control costs, reduce inventory and accounts receivable, and improve asset quality and profitability [23] Military Business and Capacity - The recovery of the military business will help improve the company's performance. The company's current production capacity is stable and can meet production needs. It will adjust capacity input and optimize capacity layout according to market demand in the future [24] AI - Enabled R & D - The company attaches great importance to the intelligent development of equipment, conducts R & D on unmanned intelligent emergency rescue equipment, and will accelerate the market launch of new products such as a certain type of rescue robot [25] Inland Shipping Business - The company focuses on the emergency industry, with two main lines of emergency transportation engineering and flood - prevention and rescue equipment, covering four transportation fields of water, land, railway, and aviation, and has not yet laid out the inland shipping field [25] Shareholder Number - As of June 10, 2025, the company's total number of shareholders was 50,871 [26] 2025 Business Goals - The company's 2025 work policy is "combining speed and stability, driving by innovation, and actively seeking change". It will strengthen technological innovation and market development, deepen internal management, and improve profitability [27] Company Positioning - The company focuses on the emergency industry, with two main lines of emergency transportation engineering and flood - prevention and rescue equipment, providing products, services, and solutions for military operations, government disaster relief, and enterprise engineering construction [27] Unmanned Product Plan - The company is actively developing unmanned intelligent emergency rescue equipment and will accelerate the market launch of unmanned intelligent new products [28] Investigation Progress - The company is actively cooperating with the regulatory authorities' investigation of the case, has not received a conclusive opinion or decision, and will disclose information in a timely manner. The company's production and operation activities are normal [29]

Core Viewpoint - The article discusses the transformation of industries and the necessity for policy innovation in response to economic changes since 2022, highlighting the divergence in economic indicators and the impact of external factors on domestic industries [1][6]. Group 1: Industry Transformation and New Challenges - Since 2022, the economic transformation has entered a "new stage," characterized by a downward trend in the contribution of traditional sectors like real estate, with growth rates for real estate-related industries dropping below 2% [7][24]. - The pressure in this new stage is increasingly focused on terminal demand, leading to a decline in PPI while CPI remains weak, indicating a shift of excess capacity to downstream sectors [13][24]. - The transformation has resulted in a significant decline in the growth rate of traditional industries, similar to trends observed from 2011 to 2015, which ultimately stabilized the economy [7][13]. Group 2: Policy Innovation - The effectiveness of traditional policy frameworks has diminished, necessitating comprehensive policy innovation to address the new economic landscape [1][35]. - By the end of 2024, a comprehensive optimization of the policy framework was initiated, focusing on supply-side structural reforms and enhancing the targeting of structural policies [35][42]. - The new policy framework emphasizes high-quality development, high-level openness, and sustainable growth, with a shift from investment-driven to people-centered approaches [3][121]. Group 3: External Shocks as Accelerators - External shocks, particularly during the tariff phases, have accelerated domestic industrial upgrades, with significant shifts in trade structures observed [64][65]. - The first phase of tariffs led to a notable increase in high-value-added industries, while the second phase primarily impacted low-value-added consumer goods, which were already experiencing significant internal competition [64][101]. - The export structure has improved, with a decrease in the proportion of exports to the U.S. and an increase in exports to non-U.S. economies, particularly in the context of the Belt and Road Initiative [83][90]. Group 4: Focus on "Anti-Internal Competition" and Service Sector - The new policy framework is expected to focus on "anti-internal competition" and the service sector, which can absorb structural employment pressures during the transformation process [4][121]. - The service sector has become the largest employment absorption area, yet it faces significant supply shortages, indicating a need for increased support and demand stimulation [4][121]. - By the second half of 2025, the main macroeconomic indicators may experience a "strong-weak conversion," with potential downward pressure on manufacturing and positive improvements in service sector investments and consumption [4][121].

威海广泰空港设备股份有限公司 第一章 总则 第一条 为进一步规范和加强威海广泰空港设备股份有限公司（以下简称"公 司"）与投资者之间的信息沟通，完善公司治理结构，切实保护投资者特别是社会 公众投资者的合法权益，提高公司的核心竞争力和投资价值，根据《中华人民共和 国公司法》、《中华人民共和国证券法》、《上市公司投资者关系管理工作指引》、 《深圳证券交易所股票上市规则》、《深圳证券交易所上市公司自律监管指引第1 号——主板上市公司规范运作》等法律法规、规范性文件和《公司章程》的有关规 定，结合公司实际情况，制定本制度。 第二条 投资者关系管理是指上市公司通过便利股东权利行使、信息披露、互 动交流和诉求处理等工作，加强与投资者及潜在投资者之间的沟通，增进投资者对 上市公司的了解和认同，以提升上市公司治理水平和企业整体价值，实现尊重投资 者、回报投资者、保护投资者目的的相关活动。 第二章 投资者关系管理的目的 第三条 投资者关系管理的目的： （一）促进公司与投资者之间的良性关系，增进投资者对公司的进一步了解和 熟悉。 （二）建立稳定和优质的投资者基础，获得长期的市场支持。 （一）合规性原则。上市公司投资者关系管理应当 ...

第一条 为维护威海广泰空港设备股份有限公司（以下简称"公司"）及公司股 东的合法权益，明确股东会的职责权限，保证股东会依法行使职权，根据《中华 人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以 下简称"《证券法》"）、《上市公司治理准则》、《上市公司章程指引》、《上市 公司股东会规则》等法律法规、部门规章、规范性文件、深圳证券交易所相关业 务规则及《威海广泰空港设备股份有限公司章程》(以下简称"《公司章程》") 的规定，结合公司实际，制定本规则。 威海广泰空港设备股份有限公司 第一章 总则 第二条 公司应当严格按照法律、行政法规、本规则及公司章程的相关规定 召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当 勤勉尽责，确保股东会正常召开和依法行使职权。 第三条 股东会应当在《公司法》和公司章程规定的范围内行使职权。 第四条 股东会分为年度股东会和临时股东会。年度股东会每年召开一次， 应当于上一会计年度结束后的6个月内举行。 临时股东会不定期召开，有下列情形之一的，应当在2个月内召开临时股东会： （一）董事会人数不足《公司法》规定 ...

第七条 公司董事和高级管理人员，子公司负责人，控股股东及实际控制人 以及其他内幕信息知情人在公司定期报告编制、公司重大事项筹划期间，负有保 密义务。定期报告、临时报告及相关重大事项信息公布前，不得以任何形式、任 何途径向外界或者特定人员泄漏定期报告、临时报告的内容，包括但不限于业绩 座谈会、分析师会议、接受投资者调研座谈等方式。 威海广泰空港设备股份有限公司 第一条 为加强威海广泰空港设备股份有限公司（以下简称"公司"）定期报告、 临时报告及重大事项在编制、审议和披露期间，公司外部信息报送和使用管理的 规范性，确保公平信息披露，避免内幕交易，根据《公司法》、《证券法》等有关 法律法规、规范性文件及《公司章程》的有关规定，结合公司实际情况，制定本 制度。 第二条 本制度适用于公司及下属全资或者控股子公司。 第三条 本制度所指信息，是指根据《证券法》第五十二条的规定，涉及公 司的经营、财务或者对公司证券价格有重大影响的尚未公开的信息，包括但不限 于定期报告、临时报告、财务数据、正在策划或者需要报批的重大事项等。 第四条 本制度所指外部信息使用人，是指根据法律法规有权向公司要求报 送信息的特定单位所涉人员，包括但不 ...

威海广泰空港设备股份有限公司 第一章 总则 第一条 为了提高威海广泰空港设备股份有限公司（以下简称"公司"）的规范 运作水平，增强信息披露的真实性、准确性、完整性和及时性，提高年报信息披露 的质量，根据《公司法》、 《证券法》、 《上市公司信息披露管理办法》、 《上市公司治 理准则》、 《深圳证券交易所股票上市规则》等法律法规、规范性文件和《公司章程》 的相关规定，结合公司实际情况，制定本制度。 第二条 公司有关人员应当严格执行《企业会计准则》及相关规定，严格遵守 公司各项内部控制制度，确保财务报告真实、公允地反映公司的财务状况和经营成 果。公司有关人员不得干扰、阻碍审计机构及相关审计人员独立、客观地进行年报 审计工作。 第三条 本制度所指责任追究制度是指年报信息披露工作中有关人员不履行 或者未正确履行职责、义务而导致年报披露信息出现重大差错，对公司造成重大经 济损失或者造成不良社会影响时的追究与处罚制度。 第四条 本制度适用于公司董事、高级管理人员、控股子公司负责人、控股股 东及实际控制人以及与年报信息披露工作有关的其他人员。 第五条 实行责任追究应遵循以下原则： 第二章 财务报告重大会计差错的认定及处理程 ...

《上 成都市新筑路桥机械股份有限公司董事会 关于本次交易采取的保密措施及保密制度的说明 成都市新筑路桥机械股份有限公司（以下简称"公司" ）拟向四川蜀道轨道交 通集团有限责任公司出售四川发展磁浮科技有限公司 100%股权、对四川发展磁浮 科技有限公司享有的债权以及其它与轨道交通业务有关的部分资产，拟向四川路 桥建设集团股份有限公司出售成都市新筑交通科技有限公司 100%股权以及其它与 桥梁功能部件业务有关的资产和负债；同时，公司拟向蜀道投资集团有限责任公司 发行股份及支付现金购买四川蜀道清洁能源集团有限公司 60%股权并募集配套资 金（以下简称"本次交易" 根据《上市公司重大资产重组管理办法》 《上市公司信息披露管理办法》 特此说明。 （以下无正文） （本页无正文，为《成都市新筑路桥机械股份有限公司董事会关于本次交易采取 的保密措施及保密制度的说明》之盖章页） 成都市新筑路桥机械股份有限公司 董 事 会 市公司监管指引第 5 号——上市公司内幕信息知情人登记管理制度》等相关规定 的要求，筹划本次交易期间，为防止敏感信息泄露导致股价出现异常波动损害投 资者利益，本次各交易相关方就本次重组事宜采取了严格的保密措施 ...

Market Review - Commodity prices have surged, with COMEX silver up 9.4%, coking coal up 7.2%, and IPE Brent crude oil up 6.2%, but this does not change the macro and industrial trends [1][2] - The increase in commodity prices is attributed to several factors: improved demand due to economic recovery, supply constraints, and the financial attributes of commodities influenced by a weaker dollar [1][2][3] Industry Focus - The consensus is that real estate is no longer the leading industry, and investors should focus on manufacturing, particularly high-end manufacturing and the automotive sector, especially new energy vehicles [4] - The automotive industry is experiencing intense competition, characterized by price wars and excess capacity, driven by weak domestic demand [4] Capacity Analysis - The analysis of capacity across various industries is crucial for future industrial layout, with specific attention to operating and financial leverage [5][6] - Industries with high non-current asset ratios and debt ratios, such as non-metallic minerals and oil extraction, face significant risks due to capacity and leverage expansion [6][7] Inventory Analysis - The automotive and pharmaceutical industries are currently in a passive inventory replenishment phase, with price reductions being a common strategy to address inventory buildup [8] Macro-Level Industry Concerns - The focus on funding issues behind capacity is critical, with significant accounts receivable in industrial enterprises indicating potential risks in production stability [9] - The risk of "triangle debts" in manufacturing has not been adequately addressed in policy discussions, highlighting a potential area of concern for investors [9]

洲宁衣뱃 封板率 收评：创业板指放量涨超1% 全市场超4100只个股上涨 智通财经6月9日电，市场全天震荡走高，创业板指领涨。沪深两市全天成交额1.29万亿，较上个交易日放量1344亿。盘面上，市场热点快速轮动，个股涨多 跌少，全市场超4100只个股上涨。从板块来看，创新药概念股再度大涨，常山药业等10余股涨停。足球概念股反复活跃，共创草坪6连板。核电股展开反 弹，合锻智能涨停。板块方面，创新药、足球概念、稀土永磁、可控核聚变等板块涨幅居前，贵金属等少数板块下跌。截至收盘，沪指涨0.43%，深成指涨 0.65%，创业板指涨1.07%。 | 上证指数 | 深证成指 | 创业板指 | | --- | --- | --- | | -3399.77 | -10250.14 | -2061.29 | | +14.41 +0.43% The Real Property of the Property | +66.44 +0.65% T BI Property | +21.86 +1.07% | 63.00% 封板 65 触及 38 昨涨停今表现 3.07% 高开率 60% 获利率 60% ...