6月23日至29日，证监会新增披露，杭州腾励传动科技股份有限公司（下称"腾励传动"）、江苏方意摩擦材料股份有限公司（下 称"方意股份"）、浙江华盛雷达股份有限公司（下称"华盛雷达"）、荣耀终端股份有限公司（下称"荣耀"）、兰升生物科技集团股 份有限公司（下称"兰升生物"）、宁波培源股份有限公司（下称"培源股份"）、紫光展锐（上海）科技股份有限公司（下称"紫光展 锐"）、宏泽（江苏）科技股份有限公司（下称"宏泽科技"）等8家公司进行了辅导备案。 IPO日报注意到，腾励传动曾于2024年7月撤回创业板上市申请，时隔一年再次辅导；方意股份6月22日刚刚定向增发融资6000万 元，现辅导备案；华盛雷达共经历了七轮融资，吸引了包括中信建投资本、维度资本、国民创投在内的多家知名投资机构；荣耀或 成中国第三家上市的智能手机巨头；国开金融、河北产业投资引导基金参投的兰升生物现估值17.52亿元；国内汽车减震器活塞杆领 域的隐形冠军遭遇增收不增利问题；紫光展锐有望冲击国产智能手机芯片第一股，公司投后估值已达700亿元左右；宏泽科技2024年 营业收入和净利润明显下滑。 AI制图 一年前创业板上市失败 腾励传动于2025年6月2 ...

Group 1 - The Minimal Phone project, initiated by a US startup on Indiegogo, aimed to create a unique smartphone combining an E-Ink screen and a physical keyboard, but faced significant delays in delivery [4][6][10] - The project experienced multiple delays, with the initial shipping date set for August 31, 2024, pushed back to June 27, 2025, resulting in a total delay of 485 days [1][2][15] - The project exemplifies the challenges of "true crowdfunding," where products are often in the conceptual stage at the start, leading to high failure risks and potential for unfulfilled promises [11][14] Group 2 - The project faced at least six significant delays, with the first announced in September 2024, and subsequent delays leading to widespread dissatisfaction among backers, particularly when non-crowdfunding customers received their orders first [15][17][18] - The communication from the project team, particularly from co-founder Andre, was criticized for being inadequate and evasive, leading to further frustration among backers [20][22][24] - Many backers reported issues with the product's performance, including slow response times, poor camera quality, and software bugs, which exacerbated community anxiety [18][25][27] Group 3 - The project highlighted the decline of American manufacturing capabilities, as the team struggled to find suppliers in Shenzhen for production [3][106] - The situation escalated with accusations of discrimination against Chinese backers, who faced additional shipping challenges and delays compared to their international counterparts [30][33][51] - The project ultimately revealed a lack of operational expertise, as the team failed to manage logistics and communication effectively, leading to a perception of incompetence rather than outright fraud [104][106]

1. 【特斯拉北美首座磷酸铁锂电池工厂即将完工】特斯拉北美首座磷酸铁锂电池工厂将完工，位于美 国内华达州。此前还公布专利与专家合作优化性能，磷酸铁锂电池优点多，应用前景广。（IT之家） 2. 【星动纪元陈建宇：今年已经累积出货超过200台产品】6月28日，在2025华映资本年度大会 上，星动纪元创始人陈建宇介绍，今年已经累积出货超过200台产品，目前全球市值前十的科技公司 中有9家是客户。星动纪元是研发通用型人形机器人和机器人通用大脑的公司，目前有两款旗舰版的 人形机器人产品。（新京报） 3. 【特朗普T1手机被悄悄撤下美国制造标签】最近，特朗普集团高调进军手机市场，推出一款售价 499美元（将近3600元人民币）的智能手机，宣称这款手机由"美国制造"。不过，手机在6月中旬一 经发布，美国媒体纷纷质疑。美国唯一本土手机制造商Purism的CEO托德·韦弗毫不留情地戳破了特 朗普集团的所谓"美国制造"的谎言，称该手机是由一家中国公司生产。本周，美国媒体发现，特朗普 集团已经悄悄"改口"，在官方售卖网站上删掉了"美国制造"的描述，称这款手机拥有"令美国人自豪 的设计"，并且"在美国本土诞生"。（央视财经） 4.【 ...

特朗普此前高调售卖的"土豪金"配色T1智能手机，却被发现悄悄删除了"美国制造"的标 签，这无疑给特朗普的"美国优先"口号蒙上了一层阴影。 此外，为了让苹果回到美国生产，美国总统特朗普又威胁苹果公司，如果产品非美国制造， 将面临25%的关税。但外界显然不看好iPhone"美国制造"计划。 "土豪金"手机产地罗生门： 从"美国制造"变成"美国自豪设计" 特朗普集团此前高调推出的土豪金配色的T1智能手机，悄悄地玩起了"文字游戏"，引发了 美国媒体对其"美国制造"承诺真实性的质疑。 ▲特朗普集团推出的T1智能手机 这款定价499美元的金色款T1手机，在发布之初曾高调宣传其"美国制造"。根据有报道指 出，特朗普集团官网上最初赫然写着："我们推出的美国制造T1手机现已开放预购。" 这一 明确的表述，无疑是为了迎合特朗普"美国优先"的理念，吸引那些支持恢复美国本土制造 业链条的忠实消费者。 然而特朗普集团近期已悄然移除了官网中所有关于T1手机"将在美国制造"的相关说法。目 前T1手机的相关网页仅显示，该手机乃是"美国自豪设计""诞生于美国本土"，但并未明确 提及实际的制造地。这种模糊的描述，立刻引发了外界对其真正产地的普遍 ...

Key Points - The Trump T1 phone, priced at $499, has been revealed to be manufactured in China, contradicting its claims of being "Made in America" [4] - ByteDance's Seed team is expanding, aiming to recruit over 300 personnel in robotics, indicating a shift towards practical applications in the field of embodied intelligence [7][8] - Duoyi Network announced layoffs of over 1,000 employees and plans to relocate its headquarters due to dissatisfaction with a court ruling [9] - Li Auto has lowered its Q2 delivery forecast from 123,000-128,000 to approximately 108,000 vehicles, citing the need for organizational upgrades [12][13] - Neta Auto is facing legal issues, with eight affiliated companies being sued by Nanning State-owned Assets, three of which are currently untraceable [14] - Xiaomi's YU7 model has generated significant interest, with over 240,000 orders in just 18 hours, but long delivery times have led to some customers considering cancellations [11] - Gree Electric's marketing director criticized competitors for unsustainable pricing strategies in the air conditioning market [16] - Chinese AI GPU startup Birran Technology has raised 1.5 billion yuan and plans to apply for a Hong Kong IPO [17] - Honda is recalling approximately 380,000 vehicles due to potential fuel leakage risks stemming from manufacturing defects [18] - Meta has aggressively recruited AI researchers from OpenAI, indicating a strategic push in the AI sector [23][24]

Group 1 - The General Administration of Customs of China announced the conditional resumption of imports of aquatic products from certain regions of Japan, excluding ten prefectures including Fukushima and Tokyo, based on safety assurances from the Japanese government and monitoring results [1][2] - Japanese exporters must comply with China's food safety regulations, including reapplying for registration to export aquatic products to China, and must provide health certificates and radiation testing results upon import declaration [1][2] - Strict supervision will be implemented on Japanese aquatic products imported to China, with immediate control measures to be taken if any non-compliance with Chinese laws or safety standards is detected [2] Group 2 - The State Administration for Market Regulation conducted a special inspection of food additives across various platforms and locations, revealing issues with the misuse of food additives in certain categories, while ensuring compliance in others [10] - The China Logistics and Purchasing Federation reported a total social logistics volume of 138.7 trillion yuan from January to May 2025, reflecting a year-on-year growth of 5.3%, with significant growth in consumer logistics demand [12] - The National Bureau of Statistics indicated a 1.1% decline in profits for industrial enterprises above designated size from January to May 2025, with state-owned enterprises experiencing a 7.4% drop in profit [13]

早盘提示 Morning session notice 更多精彩内容请关注格林大华期货官方微信 格林大华期货研究院 证监许可【2011】1288 号 2025 年 6 月 30 日星期一 研究员： 于军礼 从业资格： F0247894 交易咨询资格：Z0000112 联系方式：yujunli@greendh.com | 板块 | 品种 | 多（空） | 推荐理由 | | --- | --- | --- | --- | | | | | 【行情复盘】 周五市场走势分化，成长类指数小幅上涨，价值类指数调整。两市成交额 1.54 万 | | | | | 亿元，变化不大。中证 1000 指数收 6276 点，涨 29 点，涨幅 0.47%；中证 500 指数 | | | | 收 | 5863 点，涨 25 点，涨幅 0.44%；沪深 300 指数收 3921 点，跌 24 点，跌幅-0.61%； | | | | | 上证 50 指数收 2707 点，跌 30 点，跌幅-1.13%。行业与主题 ETF 中涨幅居前的是 | | | | | 工业有色 ETF、通信设备 ETF、5G ETF、有色金属 ETF、稀有金属 ETF ...

不过，在智能手机领域，中国品牌的表现就没有那么突出，还没有像家电那样取得明显的突破。相比之 下，苹果手机以超过50%的市场占有率稳居首位。日本消费者对中国品牌手机存在所谓"信息泄露"方面 的担忧，而这种担忧源于美国及其他发达国家对中国产品信息安全方面的抹黑，的确在消费者中产生了 较大负面影响。 日本消费者认可中国品牌吗？最近，《日经商务周刊》针对628位日本消费者进行了一次问卷调查，而 调查结果对于中国出海企业来说有不少值得深思的地方。 调查显示，一方面，有80%的受访者在面对中国本土品牌时，还是存在一些隔阂，持不太接纳的态度。 尤其是在电子产品领域，不少人担心中国产品可能涉及隐私泄露的问题。此外，关于产品的性能和耐用 性，也有人表示担忧。 另一方面，对于那些已经购买过中国品牌产品的日本消费者来说，情况就不太一样了。有61%的人表示 下次还会考虑购买中国品牌，且有66%的受访者表示，他们对中国产品的性能和耐用性并不担心。也就 是说，实际体验过中国产品的日本消费者，对产品的接受度明显更高，大家普遍认可中国产品的品质。 这恰好说明中国品牌在发达国家市场面临的一个巨大挑战：虽然我们的产品质量、技术水平已经达到了 被 ...

Group 1 - Lenovo has become the first official technology partner of FIFA, announced at the Lenovo Innovation Technology Conference in Seattle in October 2024 [1] - Lenovo and Motorola have established a global partnership for the 2025 Club World Cup, with Motorola being the official smartphone partner [1] - In Q1 2025, Lenovo Motorola's revenue in overseas markets (excluding China) reached $3.42 billion, a year-on-year increase of 16.7%, surpassing the market growth rate of 4.4% [1] Group 2 - Motorola's global smartphone shipments have nearly doubled from 32.9 million units in 2020 to 57.6 million units in 2024, achieving a compound annual growth rate of 15% [2] - Motorola has successfully recovered in the smartphone market after the overall decline in 2022, exceeding pre-pandemic shipment levels [2] - The integration of AI is becoming a significant trend in the global smartphone market, with Motorola playing a crucial role in Lenovo's overall AI strategy [2] Group 3 - Motorola is making efforts to expand its presence on the global stage, including partnerships with F1 and FIFA, marking the beginning of its vision for the "AI World Cup" in 2026 [3] - During the 2026 World Cup, Lenovo will provide hardware such as ThinkPad laptops, tablets, Motorola phones, and servers to create innovative experiences for players, coaches, referees, and fans [3]

Core Viewpoint - The Hong Kong stock market is experiencing a significant surge in IPO activities, with a record number of applications and financing amounts, driven largely by the "A+H" listing trend. Group 1: IPO Applications and Market Activity - On June 27, 16 mainland companies submitted IPO applications to the Hong Kong Stock Exchange, with 5 already listed on A-shares, indicating a strong interest in dual listings [1][3]. - As of June 29, there are 188 companies that have applied for listing on the Hong Kong Stock Exchange, excluding those that have withdrawn or become invalid [5]. - The total IPO financing amount in Hong Kong has reached approximately $14 billion this year, making it the highest globally among stock exchanges [2][7]. Group 2: Sector Distribution and Trends - Among the 16 companies that submitted applications, 10 are from the technology sector, 4 from healthcare, 1 from food, and 1 from consumer goods [4]. - The "A+H" listing trend is a major driver of the IPO boom in Hong Kong, with over 30 A-share companies having submitted H-share listing applications [6]. Group 3: Financing Statistics - In the first half of the year, the Hong Kong stock market saw 40 IPOs, raising approximately 104.7 billion yuan, while the total financing from placements reached 137.9 billion yuan, both exceeding the total for the previous year [9]. - There are 5 IPO projects in Hong Kong this year that have raised over 10 billion HKD each, including major companies like CATL and Heng Rui Medicine [10].