Core Viewpoint - The Ministry of Industry and Information Technology and nine other departments have issued the "Implementation Opinions on Accelerating the High-Quality Development of the Technology Service Industry," aiming to enhance service capabilities, optimize the development ecosystem, and accelerate the transformation and industrialization of technological achievements to support the integration of technological and industrial innovation [1] Group 1: Industry Growth and Scale - The technology service industry is characterized by high talent density, technological content, and significant added value, playing a crucial role in supporting the deep integration of technological and industrial innovation [2] - From 2019 to 2023, the revenue of large-scale technology service enterprises grew at an average annual rate of 12.3%, with the national technology contract transaction volume reaching 6.8 trillion yuan in 2024, a year-on-year increase of 11.2% [2] - By 2023, there were 2.118 million technology service legal entities in China, forming a diverse and extensive service network supported by major technology trading platforms and technology transfer institutions [2] Group 2: Support and Collaboration - The technology service industry provides various professional services, including technical consulting and testing, which better support the innovation and transformation of the manufacturing sector [3] - In 2024, the national technology export volume is expected to grow by 8.8%, primarily in emerging fields such as biomedicine and new materials, with significant international technology transfer projects being facilitated [3] - The number of incubated technology enterprises has exceeded 300,000, with notable incubators emerging in cities like Beijing and Shanghai, contributing to a robust innovation ecosystem [3] Group 3: Incubator Development - Technology incubators play a vital role in accelerating the commercialization of technological achievements, with over 5,000 companies having been incubated to go public [4] - The incubators have hosted 200,000 entrepreneurial events annually, fostering a culture of innovation and risk tolerance [4] - In Beijing, the technology service industry generated 937.75 billion yuan in revenue in 2024, accounting for 7.5% of the city's GDP [5] Group 4: Quality Improvement and Upgrading - The technology service industry is entering a phase of rapid quantitative growth alongside qualitative improvements, driven by the need for high-quality services and advancements in fields like artificial intelligence [6] - The "Implementation Opinions" outline comprehensive deployment in key areas such as research and development, technology transfer, and technology consulting to promote the high-end, intelligent, green, and integrated development of the industry [6] Group 5: Financial Support and Investment - The national financial cooperation platform has supported financing of 540 billion yuan for early-stage hard technology projects and advanced manufacturing clusters [7] - The Ministry of Industry and Information Technology aims to deepen financial cooperation and enhance the integration of technology, industry, and finance to provide sustainable funding for key sectors [7]

Market Overview - The U.S. stock market experienced a significant decline, with the three major indices recording their worst single-day performance in a month, driven by heavy selling in the bond market due to concerns over U.S. fiscal sustainability [1][3] - The 30-year Treasury yield surpassed 5% for the first time since November, raising worries about future financing costs and triggering a chain reaction in the market [1][3] Bond Market Dynamics - A disappointing auction of $20 billion in 20-year Treasury bonds resulted in weak demand, leading to yields that were much higher than expected, which in turn caused bond prices to drop and yields to spike [3] - The 10-year Treasury yield rose to 4.61%, nearing its yearly high, while the 30-year yield reached 5.02%, marking a significant increase in bond yields [3] Investor Sentiment - Investor sentiment turned cautious as concerns about the U.S. debt issue resurfaced, leading to increased selling pressure in the stock market [3][4] - The market's reaction was exacerbated by a lack of confidence in long-term fiscal policies, with ongoing uncertainties related to tariffs and budget disputes [4] Sector Performance - Retail sector performance was notably poor, with Target's earnings falling short of expectations, resulting in a 5.21% drop in its stock price [5] - UnitedHealth, a component of the Dow, saw its stock decline by 5.78%, contributing to the downward pressure on blue-chip stocks [5] Currency and Alternative Assets - The ICE Dollar Index fell by 0.52%, while gold and Bitcoin prices increased by 0.97% and 0.03%, respectively, indicating a shift towards alternative assets as investors seek to hedge against sovereign credit risks [6] - Bitcoin reached a new historical high, surpassing $109,000 during the trading session, reflecting investor interest in alternative investments amid rising concerns over U.S. fiscal health [6]

Core Points - The emphasis on strengthening the real economy as a foundation for high-quality development, led by technological innovation and tailored development of new productive forces [1][2] - The establishment of a modern industrial system is crucial for the modernization of the economy and the nation, with a focus on traditional industry transformation and the development of emerging industries [2][3] Group 1: Modern Industrial System - Guangzhou has proposed the "12218" modern industrial system to enhance key industry development, aligning with national strategies and local requirements [2][3] - The city aims to develop 15 strategic industrial clusters, including intelligent connected vehicles, biomedicine, and artificial intelligence, while also focusing on future industries such as embodied intelligence and quantum technology [3][4] Group 2: Key Industry Developments - The automotive industry in Guangzhou is set to produce over 3.2 million vehicles by 2027, with a significant focus on new energy vehicles [8] - The biomedicine sector is expected to reach a scale of 400 billion yuan by 2030, with major advancements in innovative drugs and core biomedicine infrastructure [10] - The green petrochemical and new materials industry aims for an output value exceeding 400 billion yuan by 2024, positioning itself as a key pillar for high-quality development [11] Group 3: Modern Service Industries - The financial sector in Guangzhou is projected to achieve an added value of 304.9 billion yuan in 2024, becoming a major pillar of the city's economy [29] - The technology service industry is expected to enhance its capabilities, with significant investments in basic research and talent development [30] - The modern commerce sector is set to undergo transformation, with a focus on integrating traditional and emerging consumption patterns [32] Group 4: Future Industries - The semiconductor and integrated circuit industry is experiencing rapid growth, with a projected increase in output value and production capacity [16] - The renewable energy and new storage sectors are being bolstered by national innovation centers and significant infrastructure developments [17] - The low-altitude economy is expanding, with a target market size of 30 billion yuan by 2027, reflecting the city's strategic positioning in this emerging field [18]

Group 1 - The article highlights that there are approximately 600 stocks in the A-share market with a market capitalization of less than 2 billion yuan, some of which have high growth potential despite low performance [1] - It emphasizes the importance of a discerning approach to small-cap stocks, suggesting that companies with potential should be bought and held in a diversified manner, while poorly performing companies should be avoided [1][2] - Examples of promising small-cap companies include those in the biopharmaceutical sector that are overcoming technological challenges and those in emerging tech services that provide intelligent solutions for traditional industries [1] Group 2 - The article warns that some small-cap stocks are struggling due to poor management, intense competition, and lack of core competitiveness, leading to declining performance and stock prices [2] - It stresses the need for investors to conduct thorough research on a company's fundamentals, including financial health, industry position, core competitiveness, and management capabilities [2] - The article advocates for a diversified investment strategy to mitigate risks associated with small-cap stocks, suggesting that investors should not concentrate their funds in a few stocks but rather spread them across multiple small-cap stocks from different industries [3] Group 3 - Overall, the article presents small-cap stocks as a field filled with both opportunities and risks, urging investors to adopt a balanced perspective and engage in rational analysis and decision-making to identify truly valuable investment targets [3]

证券代码：300602 证券简称：飞荣达 编号：2025-037 深圳市飞荣达科技股份有限公司 关于 2021 年限制性股票激励计划第二类限制性股票 第三个归属期归属条件成就的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 共 113 名，拟归属的限制性股票共计 1,664,400 股占公告日公司股本总额的 件的激励对象共 19 名，拟归属的限制性股票共计 192,600 股，占公告日公司股 本总额的 58,000.6431 万股的 0.0332%。 股票。 票上市流通的提示性公告，敬请投资者关注。 深圳市飞荣达科技股份有限公司（以下简称"公司"）于 2025 年 5 月 21 日 召开第六届董事会第七次（临时）会议和第六届监事会第六次（临时）会议，分 别审议通过《关于 2021 年限制性股票激励计划第二类限制性股票第三个归属期 归属条件成就的议案》。董事会认为公司本次激励计划第二类限制性股票第三个 归属期归属条件已成就，公司将根据《上市公司股权激励管理办法》（以下简称 "《管理办法》"）《深圳市飞荣达科技股份有限公司 2021 年限制性 ...

证券代码：300602 证券简称：飞荣达 公告编号：2025-034 深圳市飞荣达科技股份有限公司 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 六届监事会第六次（临时）会议通知于 2025 年 5 月 16 日以专人送达、电子邮件 等方式发出，本次会议于 2025 年 5 月 21 日（星期三）在深圳市光明区玉塘街道 田寮社区根玉路 1215 号飞荣达新材料产业园 1#9F 会议室以现场方式召开。 持，董事会秘书列席了本次会议。 《深圳市飞荣达科技股份有限公司章程》的有关规定，合法有效。 二、监事会会议审议情况 案》； 经审核，监事会认为：公司本次对 2021 年限制性股票激励计划回购价格及 授予价格的调整是基于公司 2024 年度利润分配方案已实施完毕，符合《上市公 司股权激励管理办法》（以下简称"《管理办法》"）、《深圳市飞荣达科技股 份有限公司 2021 年限制性股票激励计划（草案）》（以下简称"《激励计划》"） 的相关规定以及公司 2021 年第四次临时股东大会的授权，不存在损害公司股东 利益的情形，不会对公司的财务状况和经 ...

《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 及《深圳市飞荣达科技股份有限公司章程》等法律、法规、规范性文件的规定， 监事会对《公司 2021 年限制性股票激励计划（草案）》（以下简称"《激励计 划》"）第三期解除限售及归属激励对象名单进行了核实并发表意见如下： 予第二类限制性股票的 113 名激励对象及拟归属预留授予第二类限制性股票的 计划》规定的任职条件，且激励对象未发生以下任一情形： （1）最近 12 个月内被证券交易所认定为不适当人选； （2）最近 12 个月内被中国证监会及其派出机构认定为不适当人选； （3）最近 12 个月内因重大违法违规行为被中国证监会及其派出机构行政处 罚或者采取市场禁入措施； 证券代码：300602 证券简称：飞荣达 编号：2025-039 深圳市飞荣达科技股份有限公司 监事会关于2021年限制性股票激励计划第三期解除限售及归属 激励对象名单的核查意见 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 深圳市飞荣达科技股份有限公司（以下简称"公司"）于 2025 年 5 月 21 日 召开第六届董事 ...

Core Points - The implementation of the Private Economy Promotion Law on May 20 marks a significant step in supporting the development of private enterprises in China, reflecting the government's commitment to enhancing the private economy [1][2] - The law establishes a legal framework that emphasizes the equal treatment and protection of private enterprises, aiming to create a stable and predictable business environment [2][3] Group 1: Legal Framework and Impact - The Private Economy Promotion Law consists of 9 chapters and 78 articles, introducing several firsts, such as enshrining the "two unwavering" principles in law and clarifying the legal status of the private economy [2] - The law aims to transform policy support into institutional support, enhancing the confidence of private entrepreneurs in future development [1][2] Group 2: Support for Innovation and Fair Competition - The law includes provisions that support technological innovation and encourage private enterprises to invest in emerging industries and upgrade traditional sectors, addressing key challenges faced by the private economy [3][4] - It reinforces fair competition by ensuring that local and foreign enterprises face the same requirements in bidding processes, thus promoting a transparent and efficient business environment [3] Group 3: Encouragement for International Trade - The law has positively influenced foreign trade enterprises, encouraging them to expand markets and improve product quality amidst external challenges [5] - It provides a legal basis for private enterprises to engage in international cooperation and investment, enhancing their competitiveness in global markets [3][5]

Group 1 - The company has approved a share repurchase plan using its own funds, with a total amount between RMB 15 million and RMB 30 million, and a maximum repurchase price of RMB 30.00 per share [1][2] - The annual profit distribution plan for 2024 includes a cash dividend of RMB 6.50 per 10 shares, with adjustments based on changes in total share capital before the distribution date [1][2] - After the implementation of the profit distribution, the maximum repurchase price will be adjusted from RMB 30.00 to RMB 29.35 per share due to the cash dividend distribution [2][3] Group 2 - The adjusted maximum repurchase price will take effect from May 28, 2025, following the ex-dividend date [2] - The company will continue to fulfill its information disclosure obligations during the share repurchase period [3]

Core Viewpoint - ITB China 2025 will take place from May 27 to May 29 in Shanghai, introducing the "Tourism Technology Innovation Forum" segment, focusing on the application of technology in destination management, hotel services, and sustainable tourism [1] Summary by Relevant Sections - The event will feature three main components: "Innovation Forum," "Smart Roadshow," and "Innovation Exhibition Area," aimed at creating a platform for deep integration between technology and tourism [1]