Manufacturing Sector - The manufacturing PMI for June 2025 is 49.7%, an increase of 0.2 percentage points from the previous month[4] - In June, 11 out of 21 surveyed industries are in the expansion zone, an increase of 4 industries compared to last month[6] - Large enterprises' PMI is 51.2%, up 0.5 percentage points, while small enterprises' PMI is 47.3%, down 2.0 percentage points[11] Supply and Demand - The production index and new orders index are at 51.0% and 50.2%, respectively, both showing increases of 0.3 and 0.4 percentage points[15] - The supply and demand index has rebounded, aligning with seasonal trends, with certain industries like food and beverage showing expansion[15] - Non-metal mineral products and black metal smelting industries continue to contract due to insufficient end demand from the real estate sector[15] Price Index and Procurement - The main raw material purchase price index and factory price index are at 48.4% and 46.2%, both rising by 1.5 percentage points[20] - The procurement index has increased to 50.2%, up 2.6 percentage points, indicating a rise in enterprise procurement activity[21] Non-Manufacturing Sector - The service sector's business activity index is at 50.1%, a slight decrease of 0.1 percentage points, indicating stability[24] - The construction sector's business activity index is 52.8%, up 1.8 percentage points, showing a seasonal rebound but with notable sub-sector differentiation[26] Risks - External disturbances and changes in real estate demand pose risks to the overall economic outlook[30]

Group 1: Nanjing Business Travel - Nanjing Business Travel (600250) expects a net profit of 6 million to 9 million yuan for the first half of 2025, a decrease of 67.4% to 78.27% year-on-year [1] - The net profit excluding non-recurring gains and losses is expected to be between 5.5 million and 8.5 million yuan, down 17.34% to 46.52% year-on-year [1] Group 2: Jihong Co., Ltd. - Jihong Co., Ltd. (002803) anticipates a net profit of 112 million to 119 million yuan for the first half of 2025, an increase of 55% to 65% year-on-year [2] - The net profit excluding non-recurring gains and losses is expected to be between 106 million and 113 million yuan, up 68.16% to 79.62% year-on-year [2] - Basic earnings per share are projected to be between 0.29 yuan and 0.31 yuan [2] Group 3: Zhuhai Design - Zhuhai Design (300564) announced that its actual controller plans to reduce holdings by up to 3% of the company's shares, totaling 483.95 million shares [3] Group 4: Anjisi - Anjisi (688581) disclosed that two shareholders plan to reduce their holdings by up to 2% of the company's shares, totaling 162.27 million shares [4] Group 5: Jingwei Huikai - Jingwei Huikai (300120) intends to acquire a total of 12.44% equity in Nuo Si Wei, with a total transaction price of approximately 1.49 billion yuan [4] - The acquisition will increase the company's control over Nuo Si Wei from 22.12% to 34.56% [4] Group 6: Hainan Highway - Hainan Highway (000886) is planning to purchase 51% equity in Hainan Jiao Control Petrochemical, which will become a subsidiary after the transaction [9] Group 7: *ST Modern - *ST Modern (002656) has applied to revoke other risk warnings but will still face delisting risk warnings due to financial indicators [10] Group 8: Ningde Times - Ningde Times (300750) has repurchased 6.641 million A-shares at a total cost of 1.551 billion yuan [11][12] Group 9: Lixun Precision - Lixun Precision (002475) is planning to issue H shares and list on the Hong Kong Stock Exchange [13] Group 10: Ruikang Pharmaceutical - Ruikang Pharmaceutical (002589) announced that its vice president has been placed under detention by the local supervisory committee [14] Group 11: Changchun High-tech - Changchun High-tech (000661) announced that its subsidiary has received approval for a new drug, a monoclonal antibody for gout treatment [15] Group 12: Guofang Group - Guofang Group (002708) plans to reduce its holdings by up to 1.45% of the company's shares, totaling 666 million shares [16] Group 13: Guangyang Co., Ltd. - Guangyang Co., Ltd. (002708) announced that shareholders plan to reduce their holdings by up to 1.65% of the company's shares, totaling 922.76 million shares [17] Group 14: Zhixin Precision - Zhixin Precision (301512) disclosed that a major shareholder plans to reduce holdings by up to 1.86% of the company's shares, totaling 99 million shares [18] Group 15: Xinzhou Bang - Xinzhou Bang (300037) announced that its directors and executives plan to reduce their holdings by up to 126.88 million shares [19] Group 16: Guoanda - Guoanda (300902) announced that its actual controllers plan to reduce their holdings by up to 362 million shares [20]

Group 1 - In the first quarter, the total profit of industrial enterprises above designated size reached 1509.36 billion yuan, reversing a decline of 3.3% from the previous year to a growth of 0.8% [1] - The profit growth was driven by the continuous release of the "two new" policy effects, rapid profit growth in equipment manufacturing and high-tech manufacturing, and an acceleration in enterprise revenue growth [1][2] - In March, the profit growth of industrial enterprises turned from a decline of 0.3% in January-February to an increase of 2.6% [1] Group 2 - Nearly 60% of industries saw profit growth in the first quarter, with manufacturing showing significant improvement; 24 out of 41 major industrial categories experienced either accelerated profit growth or reduced declines, resulting in a recovery rate of 58.5% [2] - Manufacturing profits increased by 7.6% year-on-year, accelerating by 2.8 percentage points compared to January-February [2] - Equipment manufacturing profits grew by 6.4% year-on-year, contributing 2 percentage points to the overall profit growth of industrial enterprises [2] Group 3 - The "two new" policy continued to show positive effects on industry profits, with specialized equipment and general equipment industries seeing year-on-year profit growth of 14.2% and 9.5%, respectively [3] - The effects of the consumption upgrade policy were evident, with profits in wearable smart device manufacturing, electric vehicle manufacturing, and kitchen appliance manufacturing increasing by 78.8%, 65.8%, and 21.7% year-on-year, respectively [3] - Overall, industrial enterprises' profits showed a sustained recovery trend in the first quarter, supported by macroeconomic policies and a favorable external environment [3]

Group 1: CPI and PPI Trends - In April, the Consumer Price Index (CPI) showed a month-on-month increase of 0.1%, while the year-on-year CPI decreased by 0.1%, maintaining the same decline as in March [1] - The Producer Price Index (PPI) decreased by 2.7% year-on-year, with the decline slightly widening compared to March, and a month-on-month decrease of 0.4% [1][2] - Energy prices fell by 4.8% year-on-year, with gasoline prices dropping by 10.4%, contributing approximately 0.38 percentage points to the CPI decline [1][2] Group 2: Food and Service Prices - Food prices saw a narrowing year-on-year decline, with a month-on-month increase of 0.2%, which is above seasonal levels; beef prices rose by 3.9% month-on-month due to reduced imports [2] - Travel service prices increased significantly, with airfares rising by 13.5%, vehicle rental fees by 7.3%, hotel accommodation by 4.5%, and tourism prices by 3.1% [2] - The core CPI, excluding food and energy, rose by 0.5% year-on-year, indicating the gradual effect of policies aimed at boosting domestic demand and consumption [2] Group 3: High-Tech Industry Impact - The development of high-tech industries, such as smart manufacturing and high-end equipment manufacturing, has led to price increases in related sectors, with wearable device manufacturing prices rising by 3.0% year-on-year [3] - The diversification of trade and market expansion has resulted in price increases or reduced declines in some export sectors, such as integrated circuit packaging and testing, which saw a 2.7% year-on-year price increase [3] - Recent financial support policies, including interest rate cuts, are expected to provide significant support for future price trends [3]

在41个工业大类行业中，有23个行业利润同比增长，占比近六成。与一季度相比，保持基本稳定。其 中，装备制造业和高技术制造业利润增长进一步提速，1—4月份，装备制造业和高技术制造业利润同比 分别增长11.2%和9.0%，较1—3月份加快4.8个百分点和5.5个百分点。 川财证券首席经济学家陈雳对证券时报记者表示，政策显效叠加产业升级带动1—4月工业企业利润同比 增速进一步回升。国产替代与产业升级趋势持续，高技术、高附加值的产业和产品成为经济增长新引 擎，特别是机器人、人工智能、半导体与芯片等重点战略领域实现较快发展，科研创新与成果市场化提 速带动企业盈利能力不断提升。 数据显示，多个与"人工智能+"行动、智能化产品助力数智化转型相关行业利润实现了同比翻倍及以上 的增长，如半导体器件专用设备制造业利润同比增长105.1%，智能车载设备制造、智能无人飞行器制 造行业利润分别增长177.4%、167.9%。 证券时报记者江聃 国家统计局5月27日发布的数据显示，1—4月份，全国规模以上工业企业实现利润总额21170.2亿元，同 比增长1.4%，其中4月份规模以上工业企业利润同比增长3.0%。 国家统计局工业司统计师于 ...

General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors, and to regulate its organization and behavior according to relevant laws and regulations [1] - The company is established as a joint-stock limited company and operates independently with self-financing [1] - The company was registered on August 27, 2021, and publicly issued 33,333,334 shares on November 2, 2021, on the Shenzhen Stock Exchange [1] Business Objectives and Scope - The company's business philosophy is "people-oriented, technological innovation," aiming to become a green technology enterprise with international vision [1] - The registered capital of the company is RMB 134,053,484 [1] Shares - The company issues shares in the form of stocks, with each share having a par value of RMB 1 [2] - The company can increase capital through various methods, including issuing shares to unspecified objects or existing shareholders [2][3] - The company is prohibited from repurchasing its own shares except under specific circumstances [2][3] Shareholders and Shareholder Meetings - The company maintains a shareholder register based on records from the securities registration and settlement institution [5] - Shareholders have rights to dividends, attend meetings, supervise operations, and request information [5][6] - The company must hold annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [5][6][7] Board of Directors and Management - The board of directors is responsible for the company's operations and must act in the best interests of the company and its shareholders [8] - Directors and senior management must disclose their shareholdings and are subject to restrictions on transferring shares [4][5] Financial Assistance and Transactions - The company can provide financial assistance for acquiring its shares under certain conditions, with a limit of 10% of the total issued capital [2] - Significant transactions, including asset purchases and financial guarantees, require shareholder approval [12][13][14] Legal Compliance and Responsibilities - The company and its shareholders must comply with laws and regulations, and shareholders abusing their rights may face legal consequences [10][11] - The company must fulfill its information disclosure obligations in accordance with legal requirements [7][8]

Group 1 - The company, Tianjin Saixiang Technology Co., Ltd., has been identified as the first candidate for the bid of the Airbus Tianjin A320 series aircraft second assembly line project for the transportation tooling fixtures [1] - The bidding announcement period has ended, and the results have been published by the bidding organization, Tianjin Binhai International Tendering Development Co., Ltd. [1] - If the formal contract is signed and implemented smoothly, the project is expected to have a positive impact on the company's future operating performance during the contract execution period [1]

Market Performance - On July 2, the three major A-share indices collectively declined, with the Shanghai Composite Index down 0.09% to 3454.79 points, the Shenzhen Component Index down 0.61% to 10412.63 points, and the ChiNext Index down 1.13% to 2123.72 points [1] Fund Manager Changes - In the past 30 days, there have been changes in 434 fund managers across various fund products, indicating potential impacts on future fund performance [1] - On July 2, one fund product announced the departure of a fund manager due to job changes [1] Fund Manager Profiles - Anxin Fund's Nie Shilin currently manages assets totaling 2.91 billion yuan, primarily in mixed funds, with the highest return of 198.13% over 9 years and 137 days from the Anxin Advantage Growth Mixed A fund [1] - Guangfa Fund's Su Wenjie manages assets totaling 3.89 billion yuan, focusing on mixed and stock funds, with a top return of 167.66% over 5 years and 153 days from the Jiashi Resource Selection Stock A fund [1] Fund Research Activity - In the past month (June 2 - July 2), Huaxia Fund conducted the most company research, engaging with 56 companies, followed by Bosera, Penghua, and Jiashi Funds with 53, 45, and 43 companies respectively [1] - The communication equipment industry was the most researched sector with 176 inquiries, followed closely by the specialized equipment industry with 175 inquiries [1] Individual Stock Focus - The most researched individual stock in the past month was Lexin Technology, with 69 fund companies participating in the research, followed by Maiwei Bio and Zhongke Shuguang with 67 and 65 fund companies respectively [1] - In the last week (June 25 - July 2), Maiwei Bio was the most researched stock with 57 fund institutions involved, while Taotao Automotive, Shunwang Technology, and Binglun Environment also received significant attention with 42, 35, and 34 fund institutions respectively [1]

Group 1 - The stock of Xinyi Chang (688383) has a comprehensive score of 50.21, indicating a strong performance [1] - The main cost analysis shows the following prices: current main cost at 49.55 yuan, 5-day main cost at 50.94 yuan, 20-day main cost at 50.49 yuan, and 60-day main cost at 47.54 yuan [1] - There have been no instances of the stock hitting the upper limit in the past year, and it has also not hit the lower limit [1] Group 2 - The short-term pressure level is set at 52.00 yuan, while the short-term support level is at 50.86 yuan [2] - The stock price has broken through the short-term support level, suggesting a cautious approach in the short term; the mid-term trend remains unclear [2] - On July 2, 2025, the net outflow of main funds was 16.34 million yuan, accounting for 26% of the total transaction amount [2]

Group 1 - The stock of Buke Co., Ltd. (688160) has a comprehensive score of 47.72, indicating a weak performance [1] - The main cost analysis shows that the current main cost is 85.05 yuan, with a 5-day main cost of 85.15 yuan and a 20-day main cost of 90.89 yuan [1] - In the past year, the stock has experienced 0 instances of hitting the upper limit and 1 instance of hitting the lower limit [1] Group 2 - The short-term pressure level is at 86.71 yuan, while the short-term support level is at 84.70 yuan [2] - The mid-term pressure level is 90.60 yuan, and the mid-term support level is 79.61 yuan [2] - The current trend is unclear, with the market waiting for the main funds to choose a direction [2] Group 3 - On July 2, 2025, the net inflow of main funds was 14.09 million yuan, accounting for 14% of the total transaction amount [2] - The net inflow from large orders was 8.05 million yuan, while the net outflow from retail investors was 539,600 yuan [2] - Related industry sectors such as specialized equipment, industrial internet, IoT, and medical device concepts showed declines of -0.51%, -0.74%, -1.20%, and -0.80% respectively [2]