截至12月4日收盘，中船系概念下跌2.42%，位居概念板块跌幅榜前列，板块内，中船防务、久之洋、 中国海防等跌幅居前。 中船系概念资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 600150 | 中国船舶 | -0.98 | 0.66 | -21020.56 | | 600685 | 中船防务 | -4.99 | 5.12 | -8327.31 | | 600764 | 中国海防 | -3.61 | 2.11 | -7539.88 | | 600482 | 中国动力 | -1.62 | 0.78 | -6526.08 | | 300847 | 中船汉光 | -2.77 | 3.45 | -2923.67 | | 300527 | ST应急 | -1.68 | 1.79 | -2658.13 | | 688146 | 中船特气 | -1.01 | 2.00 | -1508.42 | | 300516 | 久之洋 | -4.47 | 8.06 | -1507.63 | | 301311 | ...

姓名：涂伟华 宝城期货投资咨询部 从业资格证号：F3060359 投资咨询证号：Z0011688 电话：0571-87006873 邮箱：tuweihua@bcqhgs.com 作者声明 本人具有中国期货业协会 授予的期货从业资格证书，期 货投资咨询资格证书，本人承 诺以勤勉的职业态度，独立、 客观地出具本报告。本报告清 晰准确地反映了本人的研究观 点。本人不会因本报告中的具 体推荐意见或观点而直接或间 接接收到任何形式的报酬。 投资咨询业务资格：证监许可【2011】1778 号 期货研究报告 黑色金属 | 日报 2025 年 12 月 4 日 煤焦日报 专业研究·创造价值 煤焦小幅反弹 核心观点 焦炭：12 月 04 日，焦炭主力合约报收于 1651.5 元/吨，日内录得 1.69% 的涨幅。截至收盘，主力合约持仓量为 2.71 万手，较前一交易日仓差为- 2216 手。现货市场方面，日照港准一级湿熄焦平仓价格指数最新报价为 1620 元/吨，周环比下跌 2.99%；青岛港准一级湿熄焦出库价为 1450 元/ 吨，周环比持平。供需方面，钢联最新一期数据显示，焦炭日均产量 110.08 万吨，环比增 1.19 ...

"CS JINAN"轮自主航行系统的实船应用，将有效降低人为操作和航行安全风险，显著减轻船员工作负 担，提升船东运营效率，也是全球首艘具备开阔水域自主航行能力的大型远洋散货船。(完) 中新社上海12月4日电 (谢梦圆 何宝新 李秋莹)记者4日从2025年中国国际海事会展上获悉，搭载自主航 行系统的"CS JINAN"轮获得美国船级社(ABS)颁发的中国首张自主航行认可证书，并成为全球首艘获得 ABS自主航行认可证书的远洋散货船。此次颁证被业界视为全球散货船自主航行发展的重要里程碑。 "CS JINAN"轮隶属于中国船舶集团(香港)航运租赁有限公司，其搭载的自主航行系统由中国船舶集团第 七〇四研究所独立研发。在认证过程中，ABS对该轮的自主航行系统进行了全面且严苛的实船测试，并 就大型远洋船舶融合感知、避碰决策、欠驱动控制等关键技术，以及船舶在有人监控下的自主航行能力 进行了全面的实船验证，最终表明其在可靠性、安全性及智能化水平等核心指标方面均达到国际领先标 准。 ...

分析师：张刚 登记编码：S0730511010001 zhanggang@ccnew.com 021-50586990 航天机器人领涨 A 股小幅整理 ——市场分析 相关报告 《市场分析：煤炭有色行业领涨 A 股震荡整 固》 2025-12-03 《市场分析：船舶医药行业领涨 A 股震荡整 固》 2025-12-02 《市场分析：通信半导体领涨 A 股震荡上行》 2025-12-01 联系人： 李智 电话： 0371-65585629 地址： 郑州郑东新区商务外环路10号18楼 地址： 上海浦东新区世纪大道 1788 号 T1 座 22 楼 证券研究报告-市场分析 发布日期：2025 年 12 月 04 日 投资要点： ◼ A 股市场综述 周四（12 月 04 日）A 股市场冲高遇阻、小幅震荡整理，早盘股指高 开后震荡上行，盘中沪指在 3885 点附近遭遇阻力，随后股指震荡回 落，盘中机器人、航天航空、半导体以及汽车零部件等行业表现较 好；船舶制造、旅游酒店、食品饮料以及美容护理等行业表现较 弱，沪指全天基本呈现小幅整理的运行特征。创业板市场周四震荡 上扬，创业板成分指数全天表现强于主板市场。 ◼ 后市研判及 ...

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index down by 0.06% closing at 3875 points, while the Shenzhen Component Index rose by 0.4% and the ChiNext Index increased by 1.01% [1] - Total market turnover was 1.56 trillion yuan, a decrease of 121.9 billion yuan compared to the previous trading day, with over 3800 stocks declining [1] Index Performance - Shanghai Composite Index: 3875.79, down 2.21 points (-0.06%) [2] - Shenzhen Component Index: 13006.72, up 51.46 points (+0.40%) [2] - ChiNext Index: 3067.48, up 30.70 points (+1.01%) [2] - Other indices such as the CSI 300 and CSI 500 also showed slight increases of 0.34% and 0.24% respectively [2] Sector Performance - The robotics sector experienced significant gains, with stocks like Giant Wheel Intelligent and Rifa Precision Machinery hitting the daily limit [4] - The satellite internet sector also saw a rise, with companies like Heertai and China Satellite reaching their daily limit [4] - The large aircraft sector surged, with Aerospace Huanyu hitting the daily limit [4] - Conversely, the shipbuilding sector faced declines, with Jianglong Shipbuilding dropping over 11% [4] - Other sectors such as the Hainan sector and dairy stocks also saw notable declines, with companies like Roniu Mountain and Pinwa Food leading the losses [4]

格隆汇12月4日｜A股三大指数今日涨跌不一，截至收盘，沪指跌0.06%报3875点，深证成指涨0.4%，指涨1.01%。全市场成交额1.56万亿元，较前一交易日 缩量1219亿元，超3800股下跌。 | 上证指数 | 深证成指 | 北证5( | | --- | --- | --- | | 3875.79 | 13006.72 | 1387.2 | | -2.21 -0.06% +51.46 +0.40% -5.20 -0 | | | | 科创20 | 创业板指 | 万得全/ | | 1326.16 | 3067.48 | 6180.0 | | +17.80 +1.36% +30.70 +1.01% +0.73 +0 | | | | 沪深300 | 中证500 | 中证A5( | | 4546.57 | 7012.81 | 5461.7 | | +15.52 +0.34% +16.45 +0.24% +21.13 +0 | | | | 中证1000 | 中证2000 | 中证红 | | 7248.66 | 3043.53 | 5552.9 | | +0.38 +0.01% -22.89 -0.75% -20.9 ...

盘面上，特朗普政府"瞄准"机器人领域，机器人板块爆发，巨轮智能、日发精机及恒尔达等多股涨停；卫星互联网板块走高，和而泰、中国卫星等多股涨 停；大飞机板块拉升，航天环宇涨停；工业母机、F5G、商业航天及SPD概念等涨幅居前。另外，船舶制造板块下挫，江龙船艇跌逾11%；海南板块走低， 罗牛山跌停；乳业股走弱，品渥食品领跌；旅游酒店板块震荡下行，同庆楼跌停；培育钻石、预制菜概念及有机硅等板块跌幅居前。(格隆汇) | 上证指数 | 深证成指 | 北证5( | | --- | --- | --- | | 3875.79 | 13006.72 | 1387.2 | | -2.21 -0.06% +51.46 +0.40% -5.20 -0 | | | | 科创50 | 创业板指 | 万得全/ | | 1326.16 | 3067.48 | 6180.0 | | +17.80 +1.36% +30.70 +1.01% +0.73 +0 | | | | 沪深300 | 中证500 | 中证A5( | | 4546.57 | 7012.81 | 5461.7 | | +15.52 +0.34% +16.45 +0.24% +2 ...

Market Overview - The A-share market showed mixed results with the Shanghai Composite Index down by 0.06% closing at 3875 points, while the Shenzhen Component Index rose by 0.4% and the ChiNext Index increased by 1.01% [1] - Total market turnover was 1.56 trillion yuan, a decrease of 121.9 billion yuan compared to the previous trading day, with over 3800 stocks rising [1] Sector Performance - The robotics sector surged following the Trump administration's focus on the industry, with stocks like Jilun Intelligent, Rifa Precision Machinery, and Hengerdai hitting the daily limit [1] - The satellite internet sector also saw gains, with companies such as Heertai and China Satellite reaching their daily limit [1] - The large aircraft sector experienced a boost, with Aerospace Hanyu hitting the daily limit [1] - Other sectors with notable increases included industrial mother machines, F5G, commercial aerospace, and SPD concepts [1] Declining Sectors - The shipbuilding sector faced declines, with Jianglong Shipbuilding dropping over 11% [1] - The Hainan sector fell, with Roniu Mountain hitting the daily limit down [1] - Dairy stocks weakened, with Pinwo Foods leading the decline [1] - The tourism and hotel sector experienced fluctuations, with Tongqinglou hitting the daily limit down [1] - Other sectors with significant declines included cultivated diamonds, pre-made dishes, and organic silicon [1] Additional Insights - The engineering machinery sector showed a 5-day increase of 1.84% [2] - The industrial machinery sector increased by 0.97% [2] - The electrical and grid sector saw a net inflow of funds, indicating positive investor sentiment [2]

格隆汇12月4日｜据界面，"今年以来，受经济增速放缓、运力过剩，以及外部国际博弈等因素影响，全 球船舶市场下滑明显。"12月2日-5日举办的2025年中国国际海事会展期间，中国船舶集团有限公司副总 经理赵同宾表示。中国船舶集团经济研究中心数据显示，今年1-10月，全球共成交新船订单1632艘、 9487万载重吨，同比下滑44.5%。 ...

Core Insights - The report by Zhiyan Consulting highlights the current competitive landscape and industry outlook for the dry bulk shipping sector in China from 2025 to 2031 [1] Export Data Summary - In October 2025, China exported 48 dry bulk ships, representing a year-on-year decrease of 17.2% [1] - The export value for the same period was $1.058 billion, showing a year-on-year increase of 26.7% [1] Company Profile - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The company has over a decade of experience in the industry research field, providing comprehensive industry solutions to empower investment decisions [1]