证券代码：000883 证券简称：湖北能源 公告编号：2025-043 湖北能源集团股份有限公司 本 公 司 2024 年 年 度 权 益 分 派 方 案 为 ： 以 公 司 现 有 总 股 本 税；扣税后，通过深股通持有股份的香港市场投资者、QFII、RQFII 以及持有首发前限售股的个人和证券投资基金每10股派0.90元；持有 首发后限售股、股权激励限售股及无限售流通股的个人股息红利税实 行差别化税率征收，本公司暂不扣缴个人所得税，待个人转让股票时， 根据其持股期限计算应纳税额【注】；持有首发后限售股、股权激励 限售股及无限售流通股的证券投资基金所涉红利税，对香港投资者持 有基金份额部分按10%征收，对内地投资者持有基金份额部分实行差 别化税率征收）。 【注：根据先进先出的原则，以投资者证券账户为单位计算持股 期限，持股1个月（含1个月）以内，每10股补缴税款0.20元；持股1个 月以上至1年（含1年）的，每10股补缴税款0.10元；持股超过1年的， 不需补缴税款。】 二、股权登记日与除权除息日 本次权益分派股权登记日为：2025年6月19日 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 ...

Report Industry Investment Rating No relevant content provided. Core View of the Report Based on macro - fundamental and technical analysis, the report predicts the trend of various futures on June 10, 2025, including股指期货,国债 futures, precious metals futures, base metals futures, energy futures, and chemical futures, and gives resistance and support levels [2][3]. Summary by Directory 1. Futures Market Outlook - **Stock Index Futures**: IF2506, IH2506, IC2506, and IM2506 are expected to oscillate strongly on June 10, 2025, with specific resistance and support levels provided. For the whole of June 2025, they are also expected to have a generally strong - oscillating trend [2][19]. - **Treasury Bond Futures**: The ten - year T2509 and thirty - year TL2509 are likely to oscillate strongly on June 10, 2025, with corresponding resistance and support levels [3][39]. - **Precious Metals Futures**: Gold futures AU2508 are expected to oscillate and consolidate on June 10, 2025, while silver futures AG2508 are likely to oscillate strongly and may hit a new high. For June 2025, gold futures are expected to have a wide - range strong - oscillating trend, and silver futures are expected to oscillate strongly and break through key resistance levels [3][45][50]. - **Base Metals Futures**: Copper (CU2507), aluminum (AL2507) futures are expected to oscillate strongly on June 10, 2025, while alumina (AO2509), zinc (ZN2507), nickel (NI2507), rebar (RB2510), hot - rolled coil (HC2510), iron ore (I2509) futures are likely to oscillate weakly. Different resistance and support levels are given for each [3][4][5]. - **Energy Futures**: Crude oil futures SC2507 are expected to oscillate strongly on June 10, 2025, with specific resistance and support levels. For June 2025, it is expected to have a wide - range strong - oscillating trend [5][95]. - **Chemical Futures**: PTA (TA509) futures are expected to oscillate and consolidate on June 10, 2025, while PVC (V2509), methanol (MA509), and natural rubber (RU2509) futures are likely to oscillate weakly, with corresponding resistance and support levels [7][101][103]. 2. Macro Information and Trading Tips - **Sino - US Economic and Trade Consultation**: The first meeting of the Sino - US economic and trade consultation mechanism was held in London on June 9 and continued on June 10 [8]. - **Domestic Policies**: The General Offices of the CPC Central Committee and the State Council issued an opinion on improving people's livelihood, and the State Council carried out a special study on promoting the integration of scientific and technological innovation and industrial innovation [8][9]. - **Economic Data**: In May, China's CPI decreased both month - on - month and year - on - year, and PPI was still at a low level. In the first five months, China's total import and export value increased by 2.5% year - on - year, with exports growing by 7.2% and imports decreasing by 3.8% [8][9]. - **International News**: The US Senate Republicans plan to propose a revised tax and healthcare bill, the US may hit the debt ceiling between mid - August and late September, and consumer inflation expectations in the US decreased in May [10]. 3. Commodity Futures - Related Information - **International Futures Market**: On June 9, international precious metals futures closed mixed, and international oil prices strengthened. The first recycled metal futures option, cast aluminum alloy, was listed on the Shanghai Futures Exchange on June 10 [12]. - **Exchange - Rate Information**: Hong Kong will maintain the linked exchange rate system, and the on - shore RMB against the US dollar rose on June 9. The US dollar index fell, and non - US currencies generally rose [12][13][14]. 4. Futures Market Analysis and Outlook - **Stock Index Futures**: On June 9, IF2506, IH2506, IC2506, and IM2506 all showed a trend of opening higher, rising and then falling back, with different degrees of increase. The A - share market oscillated and rebounded, and the Hong Kong stock market was strong [14][15][16][17]. - **Treasury Bond Futures**: On June 9, the ten - year T2509 and thirty - year TL2509 both showed a trend of opening higher, rising and then falling back, with different degrees of increase. The central bank carried out 1738 billion yuan of 7 - day reverse repurchase operations, resulting in a net investment of 1738 billion yuan [36][41]. - **Precious Metals Futures**: On June 9, gold futures AU2508 fell, while silver futures AG2508 rose and hit a new high [45][50]. - **Base Metals Futures**: On June 9, copper, aluminum, alumina, zinc, nickel, rebar, hot - rolled coil, and iron ore futures showed different trends of rise and fall [54][59][63][68][71][77][80][83]. - **Energy Futures**: On June 9, crude oil futures SC2507 rose [95]. - **Chemical Futures**: On June 9, PTA, PVC, methanol, and natural rubber futures showed different trends of rise and fall [101][103][105][108].

Group 1: Consumer Price Index (CPI) Insights - In May, the CPI decreased by 0.2% month-on-month and 0.1% year-on-year, indicating a marginal improvement in consumer prices due to consumption-boosting policies [1][4] - Food, tobacco, and alcohol prices increased by 0.1% year-on-year, contributing approximately 0.02 percentage points to the CPI increase, while energy prices fell by 6.1%, impacting the CPI decline by about 0.47 percentage points [4][5] - Core CPI, excluding food and energy, rose by 0.6% year-on-year, with the growth rate expanding by 0.1 percentage points compared to the previous month, reflecting a recovery in consumer demand [5][6] Group 2: Producer Price Index (PPI) Insights - In May, the PPI fell by 3.3% year-on-year, with the decline rate widening by 0.6 percentage points compared to the previous month, and a month-on-month decrease of 0.4% [1][7] - The decline in PPI is attributed to high base effects from the previous year and international input factors affecting domestic prices, particularly in the oil and gas sectors [7][9] - Certain industries, such as arts and crafts, footwear, and computer manufacturing, saw price increases, indicating a recovery in some sectors driven by consumer demand [7][9]

6月9日，国家统计局发布数据显示，5月份居民消费价格指数（CPI）环比下降0.2%，同比下降0.1%；工业生产者出厂价格指数（PPI）环比下降 0.4%，降幅与上月相同，同比下降3.3%，降幅比上月扩大0.6个百分点。 5月份"CPI-PPI"同比剪刀差扩大，反映出工业部门需求不济的情况有所加剧，但企业数据也反映部分行业供需关系有所改善，结构性特征更加明显，如宾馆住宿价 格环比涨幅创近十年同期新高、光伏、锂电等新能源行业供需关系有所改善。 市场机构分析认为，5月CPI环比由涨转降，持平于历史同期平均水平，而从PPI来看，输入性价格下行压力依然偏大。 能源价格影响拖累CPI表现 自3月以来，CPI连续三个月同比降幅为0.1%，环比看，5月CPI由涨转降。 国家统计局城市司首席统计师董莉娟介绍，能源价格是拖累CPI同比和环比表现的主要因素。从同比看，5月份能源价格同比下降6.1%，降幅比上月扩大1.3个百分 点，影响CPI同比下降约0.47个百分点。从环比看，能源价格下降1.7%，影响CPI环比下降约0.13个百分点，占CPI总降幅近七成。 而对CPI形成支撑的因素则是提振消费相关政策持续显效。同比看，扣除能源的 ...

Core Viewpoint - The article highlights a significant shift in global asset allocation, with a notable inflow into European equities and bonds, while Chinese equities are experiencing outflows, indicating a "seesaw" effect in the market dynamics [1][3][41]. Market Review - The successful outcome of the China-US-Switzerland talks on May 12 has significantly boosted global risk appetite, leading to an increase in global stock indices [10][41]. - The 20-year US Treasury auction on May 22 was poorly received, with the final yield surpassing 5%, raising concerns about US fiscal pressure [1][10]. Global Asset Performance - In May, equity assets generally rose, while US Treasury yields increased and the dollar weakened. The 10-year US Treasury yield rose by 24 basis points [2][13]. - Gold prices increased by 2.1%, and Brent crude oil rose by 1.7% during the same period [2][13]. Global Fund Flows - In May, there was a significant inflow of $215 billion into global money market funds, with developed market equities receiving $305 billion, while emerging market equities saw an outflow of $83 billion [3][20]. - Developed European fixed income and equity funds attracted inflows of $190 billion and $247 billion, respectively, indicating stronger performance compared to the US [3][20]. China Market Dynamics - By the end of May, global equity funds experienced an outflow of $88.5 billion from China, a reversal from the inflow of $198.3 billion in April [4][41]. - The outflow was primarily driven by passive ETFs, which saw a withdrawal of $82.5 billion in May compared to an inflow of $203.9 billion in April [4][41]. - In terms of sector performance, there was a significant inflow into technology, real estate, and materials, while telecommunications, consumer staples, and healthcare saw outflows [4][41]. Country Allocation - Global market funds reduced their allocation to US equities by 1.0 percentage points in April, while increasing allocations to European equities [5][41]. - The allocation to China remains stable at 26.4%, indicating potential for further growth [5][41]. Emerging Markets - Emerging market funds saw a decrease in allocation to Chinese equities, with a drop of 1.6 percentage points compared to March, while the allocation to Indian equities also decreased [5][41]. - In May, emerging market equity funds experienced a net outflow of $45 billion, with China being the primary contributor to this outflow [43][46].

以下文章来源于雷达Finance ，作者X编辑 雷达Finance . 遨游广袤的财富世界。 重重危机下，孙广信可谓是"压力山大"。 文 ：孟帅 编 ：深海 来源：雷达财经Finance 在不久前公布的《2025胡润全球富豪榜》中，孙广信凭借290亿元财富再度问鼎新疆首富（以 居住地为标准）之位。 然而，相比2019年巅峰时刻的470亿元，常年稳坐新疆首富宝座的孙广信身家已缩水180亿 元，且今年他在新疆富豪中的财富规模已被华凌工贸的米恩华家族追平。 回溯过去，高考失利投身军营的孙广信以3000元转业费起步，靠着10个月卖出103台推土机 掘得第一桶金。此后，他在餐饮、石油、地产、汽车经销等领域纵横捭阖，逐步将广汇集团打 造成为实力雄厚的大型企业。 不过，曾缔造诸多商业神话的孙广信，如今面临不少挑战。比如，身为广汇集团旗下核心资产 的广汇能源去年业绩承压， 2025年一季度仍未好转；因财务造假 ， ST广物 去年被罚，且业 绩持续低迷。 与此同时，市值仅 2.44亿港元 的广汇宝信，去年年报缓发；合金投资的业绩尚未形成足够的 体量，难挑大梁。而集团旗下身为国内最大汽车经销商的广汇汽车，也在去年黯然退市，且控 ...

摘要： 瑞银的基准情景预计，2025 年下半年全球经济增长将逐步放缓，但在资产负债表健康、违约率低以及 技术面支撑的情况下，利差将保持区间波动(预计 2025 年 12 月欧盟投资级 / 高收益债券利差为 100/325 个基点)，尽管关税相关新闻可能引发市场波动。 瑞银认为，投资级金融债券是一个理想的选择，尤其是相对于企业债券而言。能源和基础工业板块看起 来最容易受到关税新闻的冲击，目前仅存在选择性的微观机会，而资本货物和公用事业板块则显得最具 防御性。 瑞银仍然倾向于在战术上做多 iTraxx Main 指数相对于欧盟投资级债券的头寸，因为瑞银预计 7 月关税 新闻可能会再次引发市场波动。欧洲私人信贷市场因其强劲的基本面和大量的干火药(未投资资金)来支 持流动性和抑制硬违约而引人注目。 5 月，采购经理人指数(PMI)有所放缓，但制造业活动继续呈上升趋势(49.2)，尽管贸易不确定性持续存 在，但提振了风险情绪。银行贷款和信贷条件进一步改善，私营部门信贷增长恢复复苏(从 + 0.1% 升至 2.7%)，贷款利率下降(从 - 0.2% 降至 3.9%)。欧洲企业强劲的盈利增强了对基本面的信心，而低评级信 贷 ...

Group 1 - The core focus of the recent research conducted by the State-owned Assets Supervision and Administration Commission (SASAC) is on enhancing product and service value, resource integration, and promoting high-end industrial development [1][2] - "Focusing on core responsibilities and main businesses" is a recurring theme, emphasizing the need for companies to concentrate resources and efforts on their primary sectors to achieve sustainable and high-value growth [2][3] - The term "integration" has been frequently mentioned, indicating a strategic move to consolidate resources towards main businesses and emerging industries, enhancing core competitiveness [3][4] Group 2 - Key core technologies, including automotive-grade chips and machine tool technologies, are highlighted as critical areas of focus for state-owned enterprises (SOEs) to strengthen their competitive edge [4][5] - Companies are encouraged to foster collaboration with research institutions and industry partners to accelerate technological advancements and optimize product structures [4] - The emphasis on high-end, intelligent, and green development is aimed at transforming traditional industries and enhancing overall efficiency [4][5]

大 类 资 产 配 置 本研究报告仅通过邮件提供给 中庚基金 使用。1 2025 年 06 月 02 日 "特朗普服软"交易兴起 - 证券分析师 金倩婧 A0230513070004 jinqj@swsresearch.com 冯晓宇 A0230521080005 fengxy2@swsresearch.com 林遵东 A0230524100005 linzd@swsresearch.com 王胜 A0230511060001 wangsheng@swsresearch.com 研究支持 涂锦文 A0230123070009 tujw@swsresearch.com 联系人 涂锦文 (8621)23297818× tujw@swsresearch.com ——全球资产配置每周聚焦 (20250523-20250530) 请务必仔细阅读正文之后的各项信息披露与声明 策 略 研 究 证 券 研 究 报 告 相关研究 ⚫ 全球资产价格回顾：本周（20250523–20250530）。本周美国政坛持续震动。5 月 28 日，马斯克宣布 离开特朗普政府，政府效率部的"马斯克"改革暂时告一段落。此外，特朗普 23 日表示 ...

Core Insights - ESG (Environmental, Social, and Governance) has become a key indicator for measuring corporate sustainability in the current global economic landscape, with global sustainable investment exceeding $35 trillion in 2022 and continuing to grow [1][14][21] - The ESG investment trend has seen explosive growth, with net inflows into global ESG funds exceeding $1.5 trillion from 2020 to 2023, transitioning from a responsible investment concept to a mainstream investment strategy [1][21] Policy Trends - Major economies and international organizations are actively promoting ESG reporting policies, such as the European Union's implementation of the Corporate Sustainability Reporting Directive (CSRD) in 2023, affecting over 50,000 companies [2][25] - The U.S. SEC has strengthened regulations on climate-related disclosures since 2022, requiring companies to report on climate change risk assessments and greenhouse gas emissions [2][26] - China's ESG regulatory policies have been continuously improving since 2021, with increasing disclosure requirements for listed companies, including mandatory disclosures for indices like the Shanghai 180 and STAR 50 [2][27] - International organizations have introduced standards like the GRI 2021 version, effective in 2023, which covers 78% of leading global companies and emphasizes substantive reporting and stakeholder engagement [2][28] ESG Reporting Framework - ESG reporting frameworks include GRI standards, SASB standards, and various stock exchange standards, focusing on environmental data, social performance, and corporate governance disclosures [3][36][37] - Environmental disclosures require reporting on greenhouse gas emissions, resource efficiency, and environmental risk management [3][40][42] - Social performance disclosures cover employee rights, community engagement, and supply chain social responsibility [3][43] - Governance disclosures include board diversity, investor rights protection, and anti-corruption measures [3][45][46] Challenges and Strategies - Companies face challenges in implementing ESG reporting and verification, including internal coordination and resource allocation, as well as uncertainties in ESG metrics and performance measurement [3][4] - Strategies for companies include establishing a robust ESG management system, enhancing the quality of ESG disclosures, and actively engaging in ESG verification collaborations [4][5] - The trend towards stricter compliance and verification of ESG reports is increasing, urging companies to embrace ESG transformations for sustainable development [4][5]