站在潍坊港观景平台，海风裹着潮声扑面而来，自动化码头机械有序作业，远处潍坊滨海开发区化工产 业集群与蓝天白云相映成趣，一幅港口产业城市融合发展的画卷映入眼帘。 近年来，潍坊滨海开发区秉持港产城一体化发展理念，以国家一类对外开放口岸潍坊港为龙头，集约港 口功能布局，提升港口集散能级，推进区域产业链、供应链深度融合，以港口流量带动产业增量，构建 起港陆联通、产业聚集的港产城融合格局，打造环渤海港产城融合发展"潍坊样板"。 港口为基 筑梦亿吨大港新图景 渤海湾港潍坊港区正持续放大港口的枢纽节点功能、辐射带动作用，加速由"单一港口运营商"向"供应 链综合服务商"转型升级，吸引更多高端港航要素在潍坊滨海开发区集聚。今年以来，潍坊港区外贸集 装箱量同比增长80%，为潍坊滨海开发区外贸进出口逆势争先提供了强力支撑。 依托港口龙头带动作用，潍坊滨海开发区不断放大临港产业效能，大力提升优势产业能级，培育壮大新 兴产业，加快发展现代临港服务业，助推了新业态从无到有。目前，潍坊港区"散改集"作业货种数量达 36个，涵盖纯碱、脱硫石膏、化肥、轮胎、农药等多个行业领域。 据了解，潍坊港区着力推动与东北亚、东盟等国家的物流通道建设，深度 ...

6月6日，北京证券交易所和中证指数有限公司联合发布北证专精特新指数编制方案与样本股名单。根据 发布安排，北证专精特新指数将于6月30日正式发布实时行情，为市场提供多维度投资标的和业绩基 准。业内人士表示，北证专精特新指数是继北证50指数后，又一个表征北交所市场的重要指数，进一步 丰富了投资者观测维度。未来，北交所将持续完善指数体系，推出更多特色指数，服务多元化投资需 求。 ● 本报记者杨梓岩 特色化设置专精特新指数 经流动性筛选后，北证专精特新指数从符合条件的北交所专精特新"小巨人"上市公司证券中选取市值最 大的50只作为指数样本，以反映北交所专精特新上市公司证券的整体表现。 记者了解到，北证专精特新指数以客观反映北交所专精特新企业运行状况为目标，同时结合北交所市场 现状及专精特新企业特点，对流动性门槛、定期调整等编制要素进行特色化设置。 流动性方面，北证专精特新指数剔除日均成交金额后30%的证券，便利市场投资；样本调整方面，结合 工信部专精特新"小巨人"评定周期，按半年度定期调样，并将单次调整比例上限设为20%，即单次可调 入10家新公司，兼顾指数稳定性和换新功能。采用缓冲区规则，排名在前40名的候选新样本 ...

证券研究报告·宏观报告·宏观深度报告 宏观深度报告 20250608 并购重组驶入"快车道"助力科技企业估值 提升 [Table_Summary] ◼ 政策红利密集释放 在资本市场加速发展的浪潮中，并购重组作为产业沿链补链的关键，直 接关乎创新产业发展机遇的把握和产业升级的进程。政策推进的节奏是 并购重组市场的关键驱动力。在此背景下，为了鼓励和活跃资本市场， 助力上市公司实现高质量发展，监管机构推出了一系列直击并购市场难 点痛点的举措，精准发力优化并购重组环境。 ◼ 本轮并购重组最新进展 ◼ 本轮并购重组成效和特点 央国企主导整合浪潮：本轮并购重组政策除了监管层面在积极推动，从 中央到地方的产业政策中也频频提及"国有企业"。从中央层面为国有 企业松绑，拓宽国有企业创新投资和并购重组的路径，是培育"耐心资 本"的必要手段。2025 年已完成的并购项目中，国有企业数量占比 50%， 金额占比 68%。国央企合并有望促进国有资本进一步向符合国家战略 的重点行业、关键领域和优势企业集中，推动国央企的产业结构调整升 级，优化国有资本的布局与资源配置，实现资源向维系国家安全、掌握 国民经济命脉和关乎国计民生的重要行业和关 ...

以下文章来源于RimeData 来觅数据 ，作者来觅研究院 RimeData 来觅数据 . 全面的一级市场数据平台 ⌜ 投融概况 ⌟ 截至2025年6月6日18:00，本周融资事件共83起（不包括并购、定增），较上周减少了42起，融资金额总计约55.64亿元（谨慎估计），较上周增加了15.98 亿元。在所有融资事件中，本周融资金额在亿元及以上的融资事件有16起，较上周减少3起。本周公开退出案例19个，较上周减少16个。另外，本周有89 家机构参与了一级市场投资，较上周减少了56家。 本周已披露金额的融资事件48起，较上周减少17起，融资金额区间分布结构与上周变化不大，本周500万以下的融资事件3起，较上周减少1起；500 万-1000万（含1000万）融资事件合计21起，较上周减少4起；1000万-5000万（含5000万）融资事件为7起，较上周减少10起；5000万-1亿（含1亿）的融资 事件12起，较上周减少1起；1-5亿（含5亿）融资事件为4起，较上周减少1起；本周无 5亿-10亿（含10亿）融资事件；本周10亿元以上融资事件为1起。 数据来源：RimeData来觅数据 具体来看一下本周值得关注的热门投 ...

6月6日晚间，北京证券交易所（以下简称"北交所"）发布北证专精特新指数（以下简称"北证专精特 新"，指数代码为899601）编制方案与样本股名单，拟于6月30日正式发布实时行情，以反映北交所专精 特新企业整体表现，为市场提供多维度投资标的和业绩基准。 此次公布的北证专精特新指数与北证50指数有27家公司重叠，此外，专精特新指数排除了北证50指数里 面的部分传统企业，更符合北交所专精特新的定位。 北证专精特新指数是继北证50指数之后，又一个表征北交所市场的重要指数，进一步丰富了投资者观测 维度。未来，北交所将持续完善指数体系，推出更多特色指数，服务多元化投资需求。 指数选取市值规模和流动性排名靠前的证券为样本 根据指数编制方案，北证专精特新在流动性筛选后，选取50只市值较大的专精特新"小巨人"上市公司证 券作为指数样本，以反映北交所上市专精特新企业整体运行情况，为市场提供投资标的和业绩比较基 准。 北交所作为服务创新型中小企业的主阵地，截至5月30日，聚集了138家专精特新"小巨人"企业，市值合 计4236.93亿元，占北交所总市值的53.25%，涵盖生物医药、高端装备制造、新材料、新一代信息技术 等重点领域， ...

Core Insights - The article highlights the economic vitality and industrial strengths of ten non-provincial cities in China, showcasing their unique contributions to regional economic development [1][2][3] Group 1: Economic Performance - Suzhou, with a GDP of 2.67 trillion yuan, has a significant industrial output of 4.7 trillion yuan and foreign trade volume of 2.62 trillion yuan, establishing itself as a leading industrial city [1] - Wuxi's economy, valued at 1.62 trillion yuan, is driven by a high-end equipment manufacturing sector contributing 66.3% to its industrial output, reflecting its high-quality development [1] - Foshan, known as the "Home Appliance Capital of China," has a GDP of 1.33 trillion yuan, with a strong private economy despite a slowdown in growth to 0.65% in 2024 [1][2] Group 2: Industrial Strengths - Quanzhou's economy, with a GDP of 1.31 trillion yuan, is characterized by a robust private sector, although it faces challenges due to limited financial deposits [2] - Nantong, with a GDP of 1.25 trillion yuan, showcases its strengths in construction and shipbuilding, benefiting from the Shanghai economic influence [2] - Dongguan's transformation from a "World Factory" to a "Smart Manufacturing City" is evident with a GDP of 1.22 trillion yuan and significant contributions from tech giants like Huawei and OPPO [2] Group 3: Regional Highlights - Yantai, with a GDP of 1.07 trillion yuan, emphasizes its marine economy, contributing one-third to its industrial output [2] - Changzhou, recognized as the "Capital of New Energy," has a GDP of 1.09 trillion yuan, with battery production accounting for 30% of the national capacity [2] - Tangshan, rebounding with a GDP of 1.0003 trillion yuan, shows an 8.3% growth in industrial added value, indicating a revival in northern industrial cities [2] Group 4: Overall Trends - The article notes that Jiangsu province leads with five cities, while Guangdong has two, highlighting the significant clustering effect in the eastern coastal regions [3] - The continuous efforts in industrial transformation and technological innovation are pivotal for these cities, contributing to the overall economic narrative of China's local economies [3]

Core Viewpoint - The 2025 Shanghai International Carbon Neutral Technology, Products and Achievements Expo opened with the theme "Towards Carbon Neutrality," showcasing advancements in green low-carbon technologies and promoting a comprehensive green transformation of economic and social development [1] Group 1: Event Overview - The expo attracted over 300 renowned enterprises from 15 countries and regions, highlighting the latest progress and future directions in the green low-carbon sector [1] - The Shanghai government issued the "Shanghai Action Plan for Accelerating Green and Low-Carbon Transformation (2024-2027)" in August 2024, focusing on 15 key application scenarios to drive breakthroughs in green low-carbon technologies and emerging industries [1] Group 2: Regional Development - Hongkou District has focused on "industrial green low-carbonization" and "green low-carbon industrialization," gathering nearly 800 green low-carbon enterprises, with the industry scale exceeding 70 billion RMB in 2024 [1] - The Shanghai Environment and Energy Exchange, launched in 2021, is the largest carbon trading platform in China, while the Green Technology Bank aims to promote green technology innovation and application through a "technology + finance" model, currently holding over 9,000 green technologies and 2,000 experts [1] Group 3: Strategic Collaborations - A strategic cooperation agreement was signed between Hongkou North Bund and Lenovo Group to advance digitalization and smart city initiatives, integrating green concepts into urban management scenarios [2] - Shanghai Electric showcased various cutting-edge technologies at the expo, including "Zero Carbon HUB" and deep-sea wind power, emphasizing their commitment to energy transition and industrial revolution [2] Group 4: Corporate Initiatives - Shanghai Electric has embedded ESG practices into its development strategy, launching the "Shanghai Electric Dual Carbon Action Plan" and highlighting successful projects such as the first integrated green methanol supplier in China and a digital substation project in Uzbekistan [3] - The "green going out" initiative is seen as a significant opportunity for industrial upgrading, with Shanghai's emerging industries like new energy and environmental protection expanding into international markets [3] Group 5: Professional Services - Ernst & Young (EY) introduced AI-driven products and services at the expo to support enterprises in their green transition and compliance with ESG standards [4] - EY emphasized the importance of "green leading competitiveness" for Chinese enterprises going global, advocating for technological leadership and adherence to international standards [5]

Core Viewpoint - The deep integration of modern service industry and advanced manufacturing (referred to as "two-industry integration") is crucial for cultivating a modern industrial system and achieving high-quality development, as well as for developing new types of productivity [1] Group 1: Pilot Demonstration Units - Beijing has recently recognized the second batch of city-level pilot demonstration units for two-industry integration, including three demonstration parks and 32 pilot enterprises [1] - The three newly selected demonstration parks are: 1. Chaoyang New Quality Productivity Integration Demonstration Pilot Area, with a management area of 26.9 square kilometers and an annual revenue share of 62% from two-industry integration enterprises [2] 2. Tongzhou City Sub-center Future Design + Health Integration Innovation Demonstration Area, with a management area of 25.5 square kilometers and an annual revenue share of over 50% from two-industry integration enterprises [3] 3. Western Beijing Yongding River Two-Industry Integration Demonstration Park, with a management area of 26.43 square kilometers and an annual revenue share of over 66% from two-industry integration enterprises [3] Group 2: Focus Areas and Development Paths - The Chaoyang Park focuses on the integration of new generation information technology and service industry, as well as high-end equipment and service integration, exploring paths such as "new generation information technology + technology services + intelligent manufacturing" [2] - The Tongzhou Park emphasizes the integration of pharmaceutical manufacturing and health services, and research design and manufacturing, exploring paths like "pharmaceutical research design + manufacturing + health services" [3] - The Western Beijing Park focuses on the integration of new generation information technology with manufacturing and service industries, and pharmaceutical manufacturing with health services, exploring paths such as "artificial intelligence + application scenarios" [3] Group 3: Pilot Enterprises - The second batch includes 32 city-level two-industry integration pilot enterprises, comprising 10 leading pilot enterprises and 22 growth-type pilot enterprises, covering seven key areas of integration development across 11 districts and the Beijing Economic and Technological Development Zone [4] - Notable enterprises include Qihoo 360 Technology Co., Ltd., with pilot enterprises in fields such as new generation information technology and manufacturing service integration, pharmaceutical manufacturing and health services, and high-end equipment and service integration [4] Group 4: Future Development Plans - The Beijing Municipal Development and Reform Commission plans to continue nurturing and constructing two-industry integration pilot demonstrations, aiming to create a "ten parks and hundred enterprises" development pattern [4] - The focus will be on summarizing the development models, typical cases, and benchmark enterprises of Beijing's two-industry integration, forming replicable models to guide market entities in achieving empowerment, efficiency enhancement, and transformation [4]

Core Viewpoint - The recent issuance of the "Work Plan for Deepening the Reform and Innovation of National Economic and Technological Development Zones" by the Ministry of Commerce aims to enhance the open vitality and innovative momentum of national economic development zones through 16 measures [1][3]. Group 1: Development and Economic Impact - National economic development zones have significantly increased in scale, number, and economic strength, with 232 zones established by 2024, generating a regional GDP of 16.9 trillion RMB [1][2]. - The zones host over 490,000 business entities, employing more than 24 million people, and have developed a comprehensive industrial system covering various sectors such as electronics, high-end equipment manufacturing, and new materials [1][2]. - By 2024, national economic development zones accounted for 24.5% of the country's total foreign trade, with a foreign trade volume of 10.7 trillion RMB and actual foreign investment of 27.2 billion USD [2]. Group 2: Role in Regional Development - National economic development zones play a crucial role in promoting regional economic coordination, enhancing development in underdeveloped areas, and achieving 67% and 74% of the GDP and industrial output of eastern regions, respectively [2][3]. Group 3: Future Reform and Innovation Tasks - The "Work Plan" outlines four key areas for reform and innovation: developing new productive forces tailored to local conditions, enhancing the level of open economy, deepening management system reforms, and strengthening resource guarantees [3][4][5][6]. - Emphasis is placed on improving innovation capabilities, integrating digital and real economies, and enhancing the quality of foreign investment to build a strong "Invest in China" brand [4][5]. Group 4: Management and Resource Support - The plan calls for optimizing management systems and improving operational efficiency to create a favorable business environment, including the establishment of performance evaluation and incentive mechanisms [5]. - It also highlights the need for efficient land resource utilization, support for green low-carbon development, talent recruitment, and financial backing to ensure the high-quality development of national economic development zones [6].

Core Viewpoint - Beijing has recognized three new demonstration zones and 32 pilot enterprises for the integration of advanced manufacturing and modern services, aiming to enhance the resilience of the industrial and supply chains in the city [1][2]. Group 1: Recognition of Demonstration Zones and Pilot Enterprises - Three new demonstration zones have been established: Chaoyang New Productivity Integration Demonstration Zone, Tongzhou Urban Sub-center Future Design + Health Integration Innovation Demonstration Zone, and the Western Beijing Yongding River Dual Industry Integration Demonstration Zone [1]. - A total of 32 pilot enterprises have been recognized, including 10 leading pilot enterprises and 22 growing pilot enterprises, covering seven key areas of integrated development in Beijing [1][2]. Group 2: Focus Areas and Strategies - In the field of new generation information technology and manufacturing service integration, six pilot enterprises were selected to enhance efficiency through AI and industrial simulation technology [1][2]. - In the organic integration of pharmaceutical manufacturing and health services, 11 pilot enterprises were chosen to empower the health industry through platforms and AI-driven solutions [2]. - Six pilot enterprises were selected in the high-end equipment and service integration sector, focusing on the deep integration of digital technology with manufacturing [2]. - One pilot enterprise, Huajiang Culture, was recognized in the consumer service and manufacturing integration sector, exploring a new development model combining design, customization, and sales [2]. Group 3: Future Development Plans - The Beijing Development and Reform Commission plans to continue nurturing and constructing integration pilot demonstrations, aiming to create a "ten parks and hundred enterprises" development pattern [2]. - The commission will summarize the integration development models, typical cases, and benchmark enterprises to promote replicable models and foster a good ecosystem for integrated development [2].