（文章来源：证券日报） 证券日报网讯达瑞电子8月14日在互动平台回答投资者提问时表示，子公司维斯德专注于碳纤维产品的 研发与生产，基于在高精度、复杂结构碳纤维部件制造领域的深厚积累，维斯德正积极拓展其技术的应 用边界。在脑机接口领域，主要为客户脑机接口外控外联设备供应碳纤维部件，实现轻量化需求，项目 目前处于送样阶段，尚未正式量产。 ...

惠州光弘科技股份有限公司 二○二四年度 财务报表附注 惠州光弘科技股份有限公司 二○二四年度财务报表附注 （除特殊注明外，金额单位均为人民币元） 一、 公司基本情况 (一) 公司概况 惠州光弘科技股份有限公司（以下简称"公司"或"本公司"）系由 1995 年 3 月 成立的惠州大亚湾光弘科技电子有限公司整体变更设立的股份有限公司。统一社会 信用代码：914413006178909639，2017 年 12 月在深圳证券交易所上市（股票代码 截至 2024 年 12 月 31 日止，本公司累计发行股本总数 767,460,689.00 股，注册资本 为 767,460,689.00 元，注册地：惠州市大亚湾响水河工业园永达路 5 号，总部地址： 惠州市大亚湾响水河工业园永达路 5 号。本公司主要经营活动为：以自有资金从事 投资活动；移动终端设备制造；通信设备制造；网络设备制造；智能车载设备制造； 汽车零部件及配件制造；云计算设备制造；计算机软硬件及外围设备制造；光伏设 备及元器件制造；可穿戴智能设备制造；货币专用设备制造；电子元器件制造；影 视录放设备制造；照明器具制造；物联网设备制造；第一类医疗器械生产；移动 ...

Macro Strategy - The core viewpoint is that during the "14th Five-Year Plan" period, a nominal GDP growth rate of at least 5.5% is crucial to achieve the long-term goal of reaching the per capita GDP level of a moderately developed country by 2035 [1][17] - The recovery of nominal GDP growth is primarily dependent on price levels, with a target of returning the GDP deflator index to an average annual growth of +1.7% from 2012 to 2025, combined with a real GDP growth rate of over 4.4% [1][17] - The report emphasizes the importance of boosting consumer demand to address the historical negative growth in service prices, which is not effectively resolved by supply-side policies alone [1][17] Fixed Income Analysis - The report highlights that non-ETF component bonds of the Sci-Tech bonds exhibit higher valuation yields and credit spreads compared to ETF component bonds, indicating a relative value in switching to these non-component bonds [3][4] - It is noted that 14.79% of the non-ETF component bonds have credit spreads exceeding 40 basis points, suggesting a larger selection of bonds with potential spread compression compared to ETF component bonds [4] - The "anti-involution" policy is expected to have a more profound and longer-lasting impact compared to previous supply-side reforms, with a focus on market-driven measures rather than heavy administrative intervention [5][6] Company-Specific Insights - Satellite Chemical's H1 2025 revenue reached 23.46 billion yuan, a year-on-year increase of 20.9%, with net profit of 2.74 billion yuan, up 33.4% year-on-year, indicating strong performance [10][11] - The company has resolved supply chain risks related to U.S.-China ethane trade, allowing for stable operations moving forward [11] - The high-performance catalyst new material project has officially launched, with plans to invest 3 billion yuan, which is expected to drive future growth [11] Industry Performance - The report on Guizhou Moutai indicates a stable revenue growth of 9.2% year-on-year in H1 2025, with a net profit increase of 8.9%, although series liquor sales faced pressure [16] - The company maintains a profit forecast of 93.2 billion yuan for 2025, with slight adjustments for 2026 and 2027, reflecting a stable outlook despite market challenges [16] - The report on 361 Degrees shows steady growth driven by e-commerce and offline efficiency improvements, maintaining a profit forecast of 1.3 billion yuan for 2025 [13]

Group 1 - The core viewpoint of the report is that Ding Tai High-Tech (301377.SZ) is rated as a buy due to the expanding market for AI servers and high-speed switches, leading to increased demand for PCB drilling needles [2] - The demand for drilling needles is expected to double due to changes in electronic cloth materials aimed at maintaining a low breakage rate [2] - The frequency of needle replacement is increasing due to high multilayer designs, further driving the demand for drilling needles [2] Group 2 - The company is enhancing its production capacity flexibility through self-research and self-supply of equipment [2] - The performance of products is being improved by relying on self-developed coating materials [2] - The company is deepening its global layout, which is expected to stimulate its overseas potential [2] Group 3 - The development of membrane products such as automotive light control membranes, explosion-proof films, and anti-peeping films is gradually progressing [2]

Group 1 - The company announced that its subsidiary, Suzhou Yingshuo, has produced graphene heating pads for automotive applications, specifically for the Zun Jie model [1] - The supply method involves Suzhou Yingshuo directly supplying the seat assembly supplier for the Zun Jie model [1] - Currently, the revenue from this project represents a small proportion of the company's total revenue [1]

Group 1 - Zhengfan Technology plans to acquire 62.23% equity of Hanjing Semiconductor for a total price of 1.12 billion yuan [1] - Yongji Co. is planning to acquire control of Nanjing Tena Fei Electronic Technology Co. through a combination of issuing shares and cash, with stock suspension expected to last no more than 10 trading days [2] - Aiwai Electronics reported a 71.09% year-on-year increase in net profit attributable to shareholders in the first half of 2025, despite a 13.4% decline in revenue [3] Group 2 - Huabei Pharmaceutical's net profit attributable to shareholders increased by 71.56% year-on-year in the first half of 2025, with a slight revenue growth of 0.84% [4] - Haichuang Pharmaceutical reported a revenue increase of 11,899.08% year-on-year, but incurred a net loss of 61.85 million yuan in the first half of 2025 [5] - Baiwei Storage announced that the National Integrated Circuit Fund II plans to reduce its stake by no more than 2% through block trading [6] Group 3 - Anlu Technology announced that several entities, including the National Integrated Circuit Fund, plan to collectively reduce their stake by no more than 3.25% [7] - Laimu Co.'s controlling shareholder plans to reduce its stake by no more than 3% within three months [8] - Changcheng Military Industry reported significant stock price fluctuations and may apply for a trading suspension if prices continue to rise [9] Group 4 - Beiwai Technology confirmed that its controlling shareholder has not engaged in any stock trading activities during a period of significant price fluctuations [10] - Liangpinpuzi's controlling shareholder is involved in a lawsuit with a disputed amount of 1.023 billion yuan, which may create uncertainties regarding control transfer [11]

（责任编辑：华青剑） 中国经济网北京8月13日讯 永吉股份(603058.SH)今晚发布关于筹划重大资产重组的停牌公告显示， 公司正在筹划发行股份及支付现金的方式收购南京特纳飞电子技术有限公司（以下简称"特纳飞"）的控 制权，并向不超过35名特定投资者发行股份募集配套资金。 永吉股份指出，本次交易对方初步确定为标的公司实际控制人LEE MENG KUN控制的或与其构成 一致行动关系的标的公司股东及标的公司其他股东，鉴于本次交易事项尚在协商过程中，最终交易对方 以公司后续披露的公告信息为准。 本次交易拟采取发行股份及支付现金方式购买资产并募集配套资金。本次交易目前尚存在不确定 性，具体交易方式、交易方案以后续公告披露的信息为准。 2025年8月13日，公司与特纳飞实际控制人LEE MENG KUN签署了《收购意向协议》，约定公司拟 通过发行股份及支付现金方式支付标的公司相关股权对价，并向不超过35名特定投资者发行股票募集配 套资金，最终交易价格将参照具有证券期货业务资格的审计机构、资产评估机构出具的审计报告、评估 报告结果并经交易各方协商后确定。上述协议为交易各方就本次交易达成的初步意向，本次交易的具体 方案将 ...

证券日报网讯共达电声（002655）8月13日在互动平台回答投资者提问时表示，公司目前已经有产品应 用在无人机方面，基于与客户的保密协议，相关信息不便透露。 ...

东吴证券股份有限公司 关于深圳市汇创达科技股份有限公司部分募投项目 调整投资规模并结项及募集资金专户销户的核查意见 东吴证券股份有公司（以下简称"东吴证券"）作为深圳市汇创达科技股份 有限公司（以下简称"汇创达"或"公司"）首次公开发行股票并在创业板上市 的保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司募集资金监管 规则》《深圳证券交易所创业板股票上市规则》《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》等有关规定，对汇创达部分募集资 金投资项目延期的事项进行了核查，具体情况如下： 一、首次公开发行股票募集资金基本情况 单位：万元 | 序 | | | | | | 募集资金承诺投 | | | | 调整后募集资金 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 承诺 | | | | | | | | | | | | | 项目名称 | | | 投资总额 | | | | | | | | 号 | | | | | | 资总额 | | | 投资总额 | | | | 深汕汇创达生产基地建 | | ...

中国经济网北京8月13日讯信濠光电（301051）(301051.SZ)今日收报23.74元，跌幅3.1%。 2023年6月8日，信濠光电发布2022年年度权益分派实施公告，公司2022年年度权益分派方案为：以公司 现有总股本80,000,000股为基数，以资本公积金向全体股东每10股转增5.000000股。权益分派股权登记 日为2023年6月15日，除权除息日为2023年6月16日。 2024年5月17日，信濠光电发布2023年年度权益分派实施公告，公司2023年年度拟向全体股东每10股派2 元人民币现金(含税)，同时，以资本公积金向全体股东每10股转增4股。本次权益分派股权登记日为 2024年5月23日，除权除息日为2024年5月24日。 2025年6月9日，信濠光电发布2024年年度权益分派实施公告，公司2024年年度权益分派方案为：以公司 现有总股本169,202,880股为基数，向全体股东每10股派0.5元人民币现金，同时，以资本公积金向全体 股东每10股转增2股。本次权益分派股权登记日为2025年6月16日，除权除息日为2025年6月17日。 信濠光电于2021年8月27日在深交所创业板上市，发行 ...