Group 1 - The three major indices collectively rose, with the ChiNext Index opening low and then rising, reaching a new high for the year as of July 22, with a gain of 0.43% [1] - The Tianhong ChiNext ETF (159977) increased by 0.63% as of the same date, having gained nearly 19% over the past 60 trading days [1] - The latest circulating share count for the Tianhong ChiNext ETF is 3.626 billion shares, with a circulating scale of 8.692 billion yuan [1] Group 2 - Guotai Junan Securities recommends significantly increasing allocation to the ChiNext board while slightly increasing the allocation to the Sci-Tech Innovation Board and reducing allocation to the main board [2] - There is a notable adjustment in the holding structure of active funds, with increased allocation to mid-cap growth stocks represented by the CSI 500, such as technology hardware, pharmaceuticals, and new consumption [2] - The financial sector's allocation has been significantly increased, particularly in insurance, city commercial banks, and joint-stock banks, aligning with the trend of public fund reforms [2]

Meeting Details - The meeting was held on July 21, 2025, at 14:50, with network voting available from 9:15 to 15:00 on the same day [1] - A total of 155 shareholders attended the meeting, representing 74,178,774 shares, which is 47.3825% of the total voting shares [1] Voting Participation - Among the attendees, 4 shareholders voted in person, representing 70,191,617 shares (44.8356% of total voting shares), while 151 shareholders voted online, representing 3,987,157 shares (2.5468% of total voting shares) [2] - The small shareholders present included 151 individuals, representing 3,987,157 shares (2.5468% of total voting shares), with no small shareholders voting in person [2] Voting Results - The meeting passed the resolutions with 73,678,274 shares in favor, accounting for 99.3253% of the valid votes cast [3] - The opposition totaled 498,900 shares (0.6726%), and 1,600 shares were abstained [3] - For small shareholders, 3,486,657 shares voted in favor (87.4472%), while 498,900 shares opposed (12.5127%) [3] Legal Opinion - The meeting was witnessed by lawyers from Beijing Deheng (Shenzhen) Law Firm, confirming that the meeting's procedures and resolutions complied with relevant laws and regulations [5][6]

【导读】国光电气总经理李泞被实施留置 中国基金报记者 卢鸰 可控核聚变（俗称"人造太阳"）概念牛股国光电气总经理李泞，被实施留置。 鉴于李泞在留置期间暂时无法履行总经理等职责，为确保公司后续经营正常开展，国光电气已于2025年7月22日召开第九届董事会第二次 会议，会议审议通过了《关于推举董事长代为履行总经理等职责的议案》，在李泞无法履职期间，由公司董事长张亚代为履行总经理及法 定代表人等职责。 据国光电气7月22日晚公告，公司于2025年7月22日收到江西省赣州市定南县监委工作电话通知，公司董事、总经理李泞被实施留置。 2025年1月至今，受可控核聚变相关消息刺激，国光电气股价震荡上行，最高涨幅达176.68%。 不过，7月22日，国光电气股价突然大跌，截至收盘，公司股价为93.7元/股，大跌8.03%，最新市值为102亿元。 编辑：江右 校对：纪元 制作：小茉 审核：陈思扬 版权声明 《中国基金报》对本平台所刊载的原创内容享有著作权，未经授权禁止转载，否则将追究法律责任。 授权转载合作联系人：于先生（电话：0755-82468670） 国光电气称，目前，公司各项生产经营活动均正常进行。截至公告披露日，公司 ...

Group 1 - The United Nations report indicates that only 35% of the 169 sustainable development goal targets are progressing well, with nearly half showing slow progress and 18% experiencing setbacks [1] - Significant progress has been made in public health, education, energy, and digital connectivity, including a 40% decrease in new HIV infections since 2010 and a 1.1 billion increase in school enrollment for children and youth since 2015 [1] - The report highlights that 92% of the global population has access to electricity in 2023, and internet usage has risen from 40% in 2015 to 68% in 2024 [1] Group 2 - Apple has invested $20 billion in smart and green manufacturing in China over the past five years, with over 80% of its top 200 suppliers having factories in the country [2] - Participation in the China International Supply Chain Promotion Expo is seen as beneficial for enhancing cooperation and increasing supplier visibility [2] Group 3 - As of July 19, 2023, China has issued 3,631 ESG bonds, with a total outstanding amount of 5.59 trillion yuan, where green bonds account for 61.80% of the total [3] - In July alone, 101 ESG bonds were issued, raising 98.2 billion yuan, and a total of 1,067 ESG bonds were issued in the past year, amounting to 1,238.2 billion yuan [3] Group 4 - The China Travel Service Association has released the first ESG information disclosure standard for the travel service industry, effective from August 15, 2023 [4] - The standard covers a wide range of entities in the travel service sector and provides specific guidance on ESG information disclosure processes and principles [4] Group 5 - The U.S. government has relaxed pollution emission restrictions for over 100 companies, including chemical plants and refineries, for a two-year period [5] Group 6 - Knight Dairy was fined 2 million yuan for failing to timely disclose significant losses from futures trading, as per the administrative penalty from the China Securities Regulatory Commission [6] Group 7 - Dongyue Silicon Material reported a fire incident at its synthesis phase B bed, which was controlled without casualties, but the specific cause and extent of damage are under investigation [7][8]

Group 1 - A total of 390 stocks reported their latest shareholder numbers as of July 20, with 188 stocks showing a decrease compared to the previous period [1][3] - The stocks with the largest decline in shareholder numbers include Chuangyitong, Huizhong Co., and Xingsen Technology, with declines of 27.39%, 24.28%, and 18.87% respectively [3][4] - The average increase in the concentrated chip stocks since July 1 is 4.56%, outperforming the Shanghai Composite Index, which increased by 3.99% [2] Group 2 - Among the stocks with a decline of over 10% in shareholder numbers, 19 stocks were identified, with Huicheng Co. showing the highest increase in stock price at 41.92% since July 1 [2][3] - The latest performance report indicates that four stocks have already released their half-year earnings, with Baolong Chuangyuan and Guoyuan Securities showing net profit growth rates of 42.68% and 40.44% respectively [4] - The industry distribution of concentrated chip stocks shows a significant presence in machinery, basic chemicals, and electronics, with 25, 22, and 13 stocks respectively [3][4]

Core Viewpoint - The AI Fund Xingquan Green Investment Mixed (LOF) reported a profit of 92.387 million yuan for Q2 2025, with a net asset value growth rate of 3.57% during the period [2]. Fund Performance - As of July 21, the fund's unit net value was 1.251 yuan, and its scale reached 2.729 billion yuan by the end of Q2 2025 [2][14]. - The fund manager, Zou Xin, oversees two funds, both of which have shown positive returns over the past year [2]. - The fund's one-year cumulative net value growth rate is 23.98%, ranking 46 out of 132 comparable funds [2]. Investment Strategy - The fund's investment approach focuses on three dimensions: major industry contradictions, competitive advantages of enterprises, and a balance of research depth and pricing [2]. Comparative Performance - Over the past three months, the fund's cumulative net value growth rate was 11.80%, ranking 47 out of 132 comparable funds [2]. - The fund's six-month cumulative net value growth rate was 12.30%, ranking 46 out of 132 comparable funds [2]. - The fund's three-year cumulative net value growth rate was -17.52%, ranking 85 out of 127 comparable funds [2]. Risk Metrics - The fund's three-year Sharpe ratio is -0.0744, ranking 81 out of 129 comparable funds [7]. - The maximum drawdown over the past three years was 42.11%, with the largest single-quarter drawdown occurring in Q1 2022 at 20.25% [9]. Portfolio Composition - The average stock position over the past three years was 88.8%, compared to the industry average of 86.09% [12]. - The fund's top ten holdings include companies such as CATL, Jifeng Co., Desay SV, and others [17].

Group 1 - China Electric Power Construction announced new contract amount of 686.699 billion yuan for the first half of 2025, a year-on-year increase of 5.83% [2] - The new contracts in energy and power business reached 431.388 billion yuan, up 12.27% year-on-year [2] - The new contracts in water resources and environment business were 77.321 billion yuan, down 14.05% year-on-year [2] Group 2 - Yanghe Brewery elected Gu Yu as the chairman of the board, with a term consistent with the current board [3] - Gu Yu has a background in local government and has been involved in economic work and investment promotion [3] Group 3 - BYD announced a profit distribution plan for 2024, proposing a cash dividend of 39.74 yuan per 10 shares and a stock distribution of 8 shares for every 10 shares held [4] - The total cash dividend amounts to approximately 12.077 billion yuan [4] Group 4 - Xie Chuang Data plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance international strategy and overseas business layout [6] - The specific details and plans are yet to be determined and require further approvals [6] Group 5 - Jin Chengxin's convertible bond issuance has been approved, with a financing amount of 2 billion yuan [10] - Huafeng Technology plans to raise no more than 1 billion yuan through a private placement for various projects [11] Group 6 - Huilv Ecology is planning to acquire 49% equity of Wuhan Junheng, which is expected to constitute a major asset restructuring [13] - Yunnan Copper intends to purchase 40% equity of Liangshan Mining for 2.324 billion yuan, making it a subsidiary [14] Group 7 - Anning Co. plans to participate in the restructuring of Jingzhi Mining and acquire 100% equity for 6.508 billion yuan [15] - The restructuring is expected to enhance the company's resource reserves and market share [15] Group 8 - Changchun Bank reported a net profit increase of 13.55% for the first half of 2025, reaching 1.969 billion yuan [34] - The bank's total assets grew by 9.46% to 401.251 billion yuan [34] Group 9 - Wohua Pharmaceutical reported a net profit increase of 303.16% for the first half of 2025, amounting to 44.676 million yuan [25] - The company plans to distribute a cash dividend of 1.2 yuan per 10 shares [25] Group 10 - Xiamen Tungsten's net profit increased by 27.76% in the first half of 2025, reaching 307 million yuan [30] - The company reported a 56.64% increase in lithium cobalt oxide sales [30]

5．7月21日，深交所发布关于深港通下的港股通标的证券名单调整的公告，调入港股三花智控，名单调 整于当日生效。 1．《住房租赁条例》日前公布，自2025年9月15日起施行，《条例》规范出租承租活动，住房出租、承 租应符合相关规定。《条例》还包含规范住房租赁企业行为，规范经纪机构行为，强化监督管理，严格 责任追究等内容。 2．根据《海南自由贸易港跨境资产管理试点业务实施细则》，跨境资管试点实施规模管理。试点规模 指境外投资者购买的试点资管产品资金净流入规模，在任何时点不得超过试点总规模上限。试点总规模 为中国人民银行海南省分行同意各家发行机构申请的试点规模之和。中国人民银行海南省分行在中国人 民银行指导下，根据海南自贸港经济金融发展、国际收支形势、市场实际需求等，设定及动态调整跨境 资管试点总规模上限，并通过官方网站及时公布。初始试点总规模上限设定为100亿元人民币。 3．7月21日，外交部发言人郭嘉昆主持例行记者会。有记者就中美元首是否会举行会晤相关问题进行提 问。对此，郭嘉昆表示，元首外交对中美关系发挥着不可替代的战略引领作用，关于提到的具体问题， 目前没有可以提供的信息。（央视新闻） 4．香港特区行政长官 ...

Group 1: Industry Innovation and Growth - The commercial aerospace industry in Beijing has surpassed a scale of 260 billion yuan, with the production of medium-sized commercial satellites occurring every three days by Galaxy Aerospace [1] - Guangdong's industrial robot production reached over 240,000 units last year, marking a year-on-year growth of 31.2%, accounting for 44% of the national market [1] - In Anhui, the production of new energy vehicles doubled compared to two years ago, with 467,000 units produced from January to May this year [1] Group 2: Technological Advancements - The Guangdong Aerospace Technology Research Institute developed a single-person jetpack capable of reaching speeds of 100 km/h, suitable for various applications including emergency rescue [3] - Anhui is establishing ten provincial future industry pilot zones focusing on quantum technology, aerospace information, and general intelligence, with over 100 key enterprises in the first quarter of this year [4] - The use of flexible solar wings in satellites by Galaxy Aerospace has reduced thickness to 1/20 of rigid solar wings, enhancing energy absorption [7] Group 3: Future Industry Development - Beijing has identified 23 future industry development directions, including general artificial intelligence and the metaverse, with over 2,400 AI companies and a core industry scale of nearly 350 billion yuan [5] - The establishment of a 10 billion yuan angel fund in Guangzhou supports technology transfer and innovation, with over 1,100 direct investment projects reserved [3] - Anhui's strategic emerging industries have seen an average annual growth of 16.1% since the 14th Five-Year Plan, with the output value accounting for 43.6% of industrial output [8] Group 4: Traditional Industry Transformation - The Beijing Economic and Technological Development Zone has implemented intelligent infrastructure across 600 square kilometers, facilitating the transition to high-end manufacturing [9] - The application of 5G technology in the Tongling Nonferrous Metals Group has led to a 90% automation rate in production lines [10] - Guangdong has created 490 national green factories and aims for a 2.8% reduction in energy consumption for industrial units by 2024 [11]

Group 1 - The core viewpoint of the article highlights the performance and management of Changsheng Fund's Changsheng State-Owned Enterprise Reform Mixed Fund, which has seen a net asset increase of 5.72% to 386 million yuan as of June 30, 2025 [1] - The fund manager, Dai Yi, has a background in research and has held various positions within Changsheng Fund since 2010, currently managing multiple funds including the Changsheng Urbanization Theme Mixed Fund [1] - The fund's recent share scale changes indicate a total share of 0.02 billion with a net asset of 20 million yuan, reflecting a significant decrease in net asset value over recent periods [2] Group 2 - The fund's performance metrics show a 3-month return of 17.79%, a 1-year return of 34.88%, and a since inception return of -56.3%, indicating volatility and challenges in long-term performance [2] - The top ten stock holdings of the fund account for a combined 47.49% of the portfolio, with notable companies including Shengyi Technology and Huafeng Technology [2] - Changsheng Fund Management Co., Ltd. was established in March 1999 and is based in Shenzhen, with a registered capital of 206 million yuan [2]