注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示 未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不 构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相 匹配的产品。基金有风险，投资需谨慎。 （文章来源：每日经济新闻） 招商证券指出，中证A500行业配置需围绕"反内卷"出清、中报业绩增速较高及估值较低方向布局。预 计中报业绩改善领域主要集中在：1）高景气TMT领域，如半导体、光学光电子、消费电子、通信设备 等，受益于AI创新驱动和国产替代加速；2）具备全球竞争力的中游制造领域，包括汽车零部件、自动 化设备、军工电子等，订单边际回暖；3）消费服务中的家用电器、家居用品等，受政策提振需求改 善；4）贵金属、工业金属及电力等周期性行业盈利有望修复。当前钢铁、煤炭等资源品价格已触底回 升，光伏产业链价格边际回暖，反内卷政策推动部分行业产能出清，业绩弹性值得关注。 中证A500创新指数编制方案，以国际通用的"行业均衡"方式编制。它挑选了各行业市值较大、流动性 较好的500只证券作为指数样本，成分股覆 ...

Summary of Conference Call Records Industry or Company Involved - A-share market in China - Hong Kong stock market Core Points and Arguments 1. **Market Outlook for August 2025**: The A-share market is expected to experience a "first decline, then rise" trend, with the potential for new highs driven by intrinsic value improvement, industry trends, and incremental capital inflow [1][3][6] 2. **Economic Stability**: China's economy is showing signs of stability with fiscal stimulus, resilient exports, and consumer spending, although investment and real estate sectors face pressure [1][14][19] 3. **Financial Indicators**: M1 data indicates improving economic activity, suggesting continued upward momentum in the stock market [1][15][16] 4. **PPI Recovery**: The Producer Price Index (PPI) is expected to stabilize, which will support corporate profit growth without strong inflation expectations, benefiting new industry investments [1][22][23] 5. **Key Factors for Index Growth**: Factors include increased intrinsic value of companies, development of eight major industry trends (AI, robotics, etc.), and a positive feedback mechanism from incremental capital inflow [5][6] 6. **Impact of US Tariffs**: Short-term psychological effects from US tariffs may impact A-shares, but long-term effects are limited as companies adjust supply chains [4][18] 7. **Investment Strategy**: A "left-dumbbell" strategy is recommended, focusing on high-quality growth stocks and major industry trends [7][36] 8. **Sector Focus**: High-growth sectors include TMT (technology, media, telecommunications), resilient export sectors, and consumer goods [8][34][35] 9. **Political and Economic Policy**: The political bureau meeting emphasized long-term planning and maintaining economic stability, with less focus on short-term stimulus [11][12] 10. **Market Performance**: The stock market's recent rise is attributed to stable profit growth and increased intrinsic value rather than significant profit increases [23][27] Other Important but Possibly Overlooked Content 1. **Private Fund Growth**: The scale of private funds has been expanding, indicating improved risk appetite among investors [26][28] 2. **Foreign Investment Trends**: Continuous inflow of foreign capital into A-shares, with notable interest from high-net-worth individuals [27][30] 3. **Real Estate Sector**: While still a drag on the economy, the negative impact of the real estate sector is lessening [19] 4. **Industrial Price Trends**: The industrial price index is nearing a turning point, which could influence market dynamics in the coming years [20][21] 5. **Sector Rotation**: Historical data suggests a potential shift from growth sectors to cyclical sectors as PPI recovers [22][23] This summary encapsulates the key insights and projections from the conference call, providing a comprehensive overview of the current market conditions and future expectations for the A-share and Hong Kong markets.

每经AI快讯，军工电子板块直线拉升，银河电子涨停，观想科技、华力创通、合众思壮、亚光科技、 上海瀚讯等纷纷走高。 （文章来源：每日经济新闻） ...

证券代码：600855 证券简称：航天长峰 公告编号：2025-037 北京航天长峰股份有限公司 关于修订《公司章程》及《股东会议事规则》 《董事会议事规则》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据《中华人民共和国公司法》《上市公司章程指引》等法律、法规及规范 性文件的有关规定，结合北京航天长峰股份有限公司（以下简称"公司"）的实 际情况，对《北京航天长峰股份有限公司章程》（以下简称"《公司章程》"）、 《北京航天长峰股份有限公司股东会议事规则》 （以下简称"《股东会议事规则》"）、 《北京航天长峰股份有限公司董事会议事规则》 （以下简称"《董事会议事规则》"） 的有关条款进行修订，具体修订内容对照如下： 序 修订前 修订后 号 第一条 为维护公司、股东和债权人的 第一条 为维护公司、股东、职工和债权人的 合法权益，规范公司的组织和行为，实 合法权益，规范公司的组织和行为，根据 《中 现依法治企，根据《中华人民共和国公 华人民共和国公司法》（以下简称《公司 法》 ）、 司法》（以下简称《公司法》）《中 ...

每经头条（nbdtoutiao）——"我们也深陷残酷价格战"！德资巨头中国区高管警告：智驾绝不能免费， 否则会给全行业带来灾难 （记者 胡玲） 每经AI快讯，盛路通信（SZ 002446，收盘价：7.43元）8月4日晚间发布公告称，截至2025年7月31日， 公司通过回购专用证券账户以集中竞价交易方式累计回购公司股份100万股，占公司目前总股本的比例 为0.11%，最高成交价为7.36元/股，最低成交价为7.2元/股，成交总金额约为726万元。 2024年1至12月份，盛路通信的营业收入构成为：通信设备占比56.73%，军工电子占比43.27%。 截至发稿，盛路通信市值为68亿元。 ...

截至收盘，沪指涨0.66%，报3583.31点，深成指涨0.46%，报11041.56点，创业板指涨0.5%，报2334.32点，科创50指数涨1.22%，报1049.41点。沪深两市合 计成交额14985.5亿元。 四、涨停揭秘 | 金融界股灵通复盘(8.4) | | | | | | --- | --- | --- | --- | --- | | 简称 | | 最终封板 | 儿天儿板 | 原因 | | 创新药 | | | | | | 000534. SZ | 万泽股份 | 9:55 | 2天2板 | 高温合金+大飞机+微生态活菌+创新药 | | 603811. SH | 诚意药业 | 10:01 | 首板涨停 | 中报预增+氨糖+海洋医药 | | 601089. SH | 福元医药 | 11:08 | 2天2板 | 创新药+小核酸药物+医药产品 | | 002020. SZ | 京新药业 | 13:14 | 首板涨停 | 创新药+回购+降脂新药进展 | | 600513. SH | 联环药业 | 13:46 | 首板涨停 | 创新药+LH-1801+科技创新债+国企改革 | | 300199. SZ | 翰 ...

证券日报网讯 雷科防务8月4日在互动平台回答投资者提问时表示，公司的鸟情探驱管一体化系统、无 人机防御系统的销售目前主要在国内，公司会进一步推广上述产品在相关领域的应用，通过多种形式积 极拓展新市场。 （编辑 袁冠琳） ...

Core Viewpoint - The A-share market shows signs of increased investor interest, with significant inflows of new capital and a notable rise in military and technology sectors, particularly in the context of upcoming military events and advancements in commercial aerospace [4][6][7]. Market Overview - The A-share market continued to experience low trading volume with a total turnover of 1.5 trillion yuan, a decrease of 99.8 billion yuan compared to the previous trading day [1]. - Over 3,800 stocks rose, with military stocks seeing a significant surge, including over 20 stocks hitting the daily limit [2]. Capital Inflows - In July, new A-share accounts reached 1.96 million, a year-on-year increase of 71%, indicating enhanced attractiveness of the A-share market to external capital [4]. - There has been a notable increase in capital entering the market through ETFs, with net subscriptions exceeding 60 billion yuan and 50 billion yuan in the last two weeks [5]. - New fund issuance was robust, with 135 new funds raising a total of 1,048.68 million yuan in July, marking the second-highest monthly fundraising this year [5]. - The average equity fund position rose to approximately 85.99%, an increase of 2.05 percentage points from the previous week [5]. Military Sector Insights - The military sector has seen a significant uptick, with over 20 stocks hitting their daily limit, driven by expectations surrounding military parades and increased defense spending [7]. - The military electronics sector is highlighted as a key growth area, with net profits expected to grow over 120% in the first half of 2025 [11]. - Specific companies such as Zhimin Da and Hangtian Nanhu are identified as core beneficiaries within the military electronics segment, with projected profit increases of over 20 times and 150% respectively [12][13]. Commercial Aerospace Developments - The commercial aerospace sector is poised for growth, with significant advancements in satellite internet and rocket launch capabilities [24]. - Companies like China Satellite and Aerospace Electronics are positioned to benefit from this growth, with projected profit increases of 45% and significant order volumes [25][26]. Advanced Materials and Defense Exports - The advanced materials sector is critical for military applications, with companies like Xibu Superconductor and Guangqi Technology expected to see substantial profit growth due to increased demand for high-performance materials [31][32]. - The defense export market is expanding, with a projected export value of 29 billion USD in 2024, driven by geopolitical tensions and demand for military equipment [36]. Strategic Focus - Investment strategies should prioritize high-growth segments such as military electronics, unmanned systems, and commercial aerospace, which are supported by clear policies and visible order flows [43].

Core Viewpoint - The company aims to lead the exploration and layout of a counter-drone detection and defense system in the low-altitude economic security field, leveraging its extensive experience in infrared optoelectronic technology and complex large-scale project integration [1] Company Summary - The company has over 20 years of experience in the field of domestic full-band infrared detection and imaging technology, with main products including mid- and long-wave basic components, high-resolution infrared imaging components, continuous zoom infrared cameras, and infrared thermal imaging systems [1] - The subsidiary, Changfeng Kewei, has developed AI scene algorithms for infrared images based on deep learning, enabling high-precision detection, identification, and early warning of low, slow, small targets like drones in complex scenarios and extreme weather conditions [1] - The company possesses top-level planning and full-process integration construction capabilities for complex large-scale projects, as well as the ability to build a three-dimensional low-altitude security prevention and control system [1] Industry Summary - The company has been engaged in the border and maritime defense field for 17 years, developing a command and dispatch platform based on heterogeneous big data that utilizes advanced fusion algorithms to process multi-modal data [1] - The platform integrates information collection, display, comprehensive analysis, and real-time control functions, capable of capturing target dynamics in complex and variable low-altitude environments [1] - The integrated low-altitude near-sea security management solution provides users with situational awareness against drone swarms and multi-domain joint command and control [1]

8月4日，市场一路走高，三大指数全线收红，超3800只个股上涨，1300多只个股下跌，69只个股涨停，6只个股跌停。 高位股上，胜通能源一字涨停晋级4连板，并购重组的利德曼20CM3连板，山河智能11天7板再创历史新高，东芯股份反包涨停走出20CM5天3板。 军工板块近20股涨停或涨超10%，万泽股份2连板，长城军工3天2板，北方长龙20CM涨停再创历史新高。 机器人板块连续反弹，中马传动4天3板，东杰智能20CM2连板。 | 名称 | 代码 | | 几天儿板 价格 | 涨幅% | 换手率 涨停分析 | 成交额 | 首次涨停时间 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 001331 | | 胜通能源 | 4连板 15.39 | +10.01% | 5.59% LNG+燃气+海外合作 | 6074.80 - | 09:25:00 | | വ 688110 | | 东芯股份 | 5天3板 68.88 | +20.00% | 19.75% 砺算科技+存储芯片+存算联- | 56.67亿 | 10:42:21 | | 3 | 601089 | 福 ...