Group 1 - The company Zhongwu Drone (SH 688297) announced on July 31 that as of July 31, 2025, it has not yet initiated a stock buyback, but will consider implementing the buyback plan based on market conditions in the future [2] - For the fiscal year 2024, the company's revenue composition is entirely derived from aerospace product manufacturing and related services, accounting for 100.0% [2]

美国将在8月1日恢复征收所谓"对等关税"，当前特朗普政府仍在与多个经济体进行最后时刻的谈判。 据央视新闻，当地时间7月30日，美国总统特朗普表示，美国已与韩国达成"全面完整"的贸易协议。美国 将对韩国征收15%的关税。韩国将对美全面开放贸易，接受包括汽车、卡车和农产品在内的美国产品。 目前，美国仅与英国、越南、菲律宾、印度尼西亚、日本、欧盟和韩国等经济体达成初步协议。 最初宣布暂停时，特朗普政府曾设定了"90天内达成90份协议"的目标，但这一预期未能实现。目前，美 国仅与英国、越南、菲律宾、印度尼西亚、日本、欧盟和韩国等经济体达成初步协议，且多数协议的细 节仍待敲定。 具体来说，5月，英国成为首个与美国达成贸易协议的国家。该协议设定了10%的基础关税，并针对汽 车、航空航天等关键行业制定了配额与豁免机制，但钢铝关税削减等核心问题至今仍未明确。7月2日， 美越协议宣布将越南输美商品的关税从46%降至20%，同时越南承诺"完全开放市场"，但具体条款仍未披 露。随后，美国与印度尼西亚于7月15日达成协议，将印尼关税从32%下调至19%，作为交换，印尼同意 取消99%以上美国商品的关税壁垒。7月22日，美菲协议将菲律 ...

数据统计显示，中证航空航天指数近一个月上涨2.97%，近三个月上涨19.87%，年至今上涨9.41%。 据了解，中证航空航天指数选取50只航空航天领域的上市公司证券作为指数样本，以反映航空航天主题 上市公司证券的整体表现。该指数以2004年12月31日为基日，以1000.0点为基点。 金融界7月31日消息，上证指数低开低走，中证航空航天指数 (CS航空航天，H30213)报10440.45点。 从中证航空航天指数持仓的市场板块来看，上海证券交易所占比52.90%、深圳证券交易所占比 47.10%。 从中证航空航天指数持仓样本的行业来看，航空航天占比78.74%、国防装备占比15.81%、通信设备占 比2.73%、软件开发占比2.72%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。每次调整的样本比例一般不超过20%。权重因子随样本定期调整而调整，调整时间与指数样本 定期调整实施时间相同。在下一个定期调整日前，权重因子一般固定不变。特殊情况下将对指数进行临 时调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照 计算与 ...

7月31日，A股市场再度回调，航空航天ETF（159227）全天震荡，截至14点31分，跌幅1.11%，成交额 达1.1亿元，居同类第一，持仓股航天晨光涨停，长城军工涨超9%，中国海防、海兰信、国睿科技、航 发科技、钢研高纳等跌幅居前。 军工作为强计划性行业，五年规划对于行业经营和市场预期有着重要影响，是军工行情的主要驱动因素 之一。2025年恰逢"十四五"收官年，军队建设"十四五"规划执行已进入能力集成交付关键期，订单需求 有望加速释放。 东北证券表示，在当下时点，"十四五"计划进入最后一年，军工行业扰动因素已基本消除，下游需求呈 恢复性增长，同时2027年建设目标迫在眉睫，中长期目标也对行业发展提供明确指引：2035年基本实现 国防和军队现代化，2050年把人民军队全面建成世界一流军队。伴随需求恢复，产能结构逐步优化，国 防军工板块有望得到大幅改善，安全边际高，具备长期成长确定性。 航空航天ETF（159227）跟踪国证航天指数，申万一级军工行业占比高达98.2%，是全市场军工含量最 高的指数，聚焦军工细分空天力量，成分股覆盖战斗机、运输机、直升机、航空发动机、导弹、卫星、 雷达等全产业链龙头，完美契合" ...

Core Viewpoint - The article highlights the increasing trend of mid-term dividends among companies listed on the Shenzhen Stock Exchange, with a total dividend amount exceeding 10.25 billion yuan for the first half of 2025, indicating a shift towards more frequent shareholder returns [1][4][2]. Group 1: Mid-term Dividend Trends - As of July 30, 2025, 14 companies in the Shenzhen market have announced mid-term profit distribution plans, with a total dividend amount of 10.251 billion yuan [4]. - The trend of multiple dividends per year is emerging, driven by companies' confidence in their annual performance and industry outlook, as well as regulatory encouragement for companies to establish long-term dividend plans [4][6]. - Eight companies are implementing mid-term dividends for the first time, including Haida Group, which plans to distribute 0.2 yuan per share, totaling 333 million yuan [4]. Group 2: Regulatory and Investor Influence - The Shenzhen Stock Exchange has been actively promoting the establishment of annual dividend plans among listed companies, encouraging them to adopt a more frequent dividend distribution approach [4][6]. - There is a growing emphasis on stable returns for investors, with 216 companies in 2024 and an additional 165 in 2025 announcing long-term shareholder dividend return plans [6][7]. Group 3: Leading Companies and Their Impact - Major companies with strong financial health, such as Ningde Times and Mindray Medical, are leading the way in mid-term dividends, with Ningde Times announcing a dividend of 4.573 billion yuan [11]. - The "leading goose effect" is evident as large-cap companies set an example for others, enhancing overall investor confidence in the market [9][11].

Report Industry Investment Rating No relevant information provided. Core Viewpoint Based on macro - fundamental and technical analysis, the report provides a forecast of the trend of various futures contracts on July 31, 2025, including the expected trend, support, and resistance levels of each contract [2]. Summary by Related Catalogs 1. Macro News and Trading Alerts - The Political Bureau of the CPC Central Committee decided to hold the Fourth Plenary Session of the 20th CPC Central Committee in October to study the formulation of the 15th Five - Year Plan. It emphasized maintaining policy continuity and stability, implementing proactive fiscal and moderately loose monetary policies [8]. - The Fed kept the federal funds rate unchanged at 4.25% - 4.5%, and Chairman Powell said it was too early to determine a rate cut in September [10]. - The US announced tariffs on imported semi - finished copper products, Brazilian products, and Indian goods, which affected the copper market [10][11]. - The eurozone's Q2 GDP growth slowed, and Canada's central bank kept interest rates unchanged [12]. - The General Administration of Customs adjusted trading limits for certain industrial silicon, polysilicon, and lithium carbonate futures contracts [12]. 2. Futures Market Analysis and Forecast 2.1 Stock Index Futures - On July 30, IF2509, IH2509, IC2509, and IM2509 had different intraday performances. It is expected that on July 31, stock index futures will fluctuate and consolidate. For example, IF2509 has resistance at 4173 and 4200 points and support at 4130 and 4100 points [15][19]. 2.2 Treasury Bond Futures - On July 30, the ten - year and thirty - year treasury bond futures T2509 and TL2509 both rose. It is expected that on July 31, they will fluctuate strongly. T2509 will attack resistance at 108.40 and 108.46 yuan, with support at 108.18 and 108.01 yuan; TL2509 will attack resistance at 118.7 and 118.9 yuan, with support at 117.9 and 117.6 yuan [36][40]. 2.3 Precious Metal Futures - Gold futures AU2510 rose slightly on July 30. It is expected to fluctuate weakly on July 31, with support at 765.2 and 760.6 yuan/gram and resistance at 772.7 and 773.8 yuan/gram. Silver futures AG2510 is expected to fluctuate weakly on July 31, with support at 9008 and 8943 yuan/kg and resistance at 9152 and 9166 yuan/kg [46][54]. 2.4 Base Metal Futures - Copper futures CU2509 is expected to fluctuate weakly on July 31, with support at 78500 and 78000 yuan/ton and resistance at 78900 and 79200 yuan/ton. Alumina futures AO2509 is expected to fluctuate weakly on July 31, with support at 3307 and 3287 yuan/ton and resistance at 3326 and 3349 yuan/ton [59][63]. 2.5 Energy and Chemical Futures - Crude oil futures SC2509 rose on July 30. It is expected to fluctuate strongly on July 31, attacking resistance at 539 and 547 yuan/barrel, with support at 529 and 525 yuan/barrel. PTA futures TA509 is expected to fluctuate weakly on July 31, with support at 4820 and 4800 yuan/ton and resistance at 4880 and 4910 yuan/ton [95][99]. 2.6 Agricultural Futures - Bean meal futures M2509 rose on July 30. It is expected to fluctuate weakly on July 31, with support at 2978 and 2960 yuan/ton and resistance at 3022 and 3038 yuan/ton [104].

Group 1 - A-shares experienced volatile trading on July 31, with sectors like optical modules, GPT, and AI computing gaining strength, while steel, non-ferrous metals, and coal industries lagged [1] - The aerospace ETF (159227) saw significant trading activity, with a transaction volume exceeding 66 million yuan, ranking first among similar products; key holdings like Aerospace Chenguang hit the daily limit, and other stocks also saw notable gains [1] - The aerospace ETF (159227) attracted over 400 million yuan in inflows in July, reaching a total size of 760 million yuan, marking a record high since its inception, with a growth of over 136% in the past month [1] Group 2 - Western Securities emphasized the importance of commercial aerospace investment opportunities, highlighting that the rapid development of low-orbit satellites and the capacity of commercial rockets are crucial for China's commercial aerospace sector [2] - The shift from state-owned entities to a diverse range of private companies in rocket design and manufacturing is noted, indicating a growing competitive landscape in the commercial launch market [2]

投资界7月31日消息，近日，湖南湘江通用航空产业投资基金合伙企业（有限合伙）（简称"湘江通航产 业基金"）顺利通过中国证券投资基金业协会备案，总规模2亿元。该基金由湘江集团湘江通航公司和中 盈投资公司中盈基金共同发起设立，标志着湘江集团首支聚焦低空经济领域的产业投资基金正式进入投 资运作阶段。 据悉，湘江通航产业基金将充分发挥湘江新区的科技创新优势和产业基础，聚焦投资低空经济产业、航 空航天北斗产业等领域具备成长潜力的企业，积极践行"以投带引"战略部署，吸引低空经济产业链上下 游优质企业落地湖南湘江新区湘江智航新城低空经济产业园，通过投资与产业赋能，系统推进产业链生 态圈的构建与升级，助力湖南湘江新区湘江智航新城低空经济产业园成为"全国低空经济产业示范园 区"。 湘江集团相关负责人表示，湘江通航产业基金将为湖南乃至全国的航空航天产业发展提供有力的金融支 持。通过聚焦硬科技领域的投资，该基金有望推动一批具有核心竞争力的科技企业快速成长，进一步促 进本土产业链的完善和升级。 来源：长沙高新区 值得一提的是，湘江智航新城低空经济产业园（一期）开发项目整体规划面积约8平方公里，预计整体 投资157亿元。园区以"一心五 ...

2025.07. 31 【今日推荐】 特朗普宣布8月1日起对进口半成品铜等产品征收50%关税 当地时间7月30日，美国白宫表示，美国总统特朗普签署了一项公告，宣布对几类进口铜产品征收关 税。公告显示，将自8月1日起对进口半成品铜产品（例如铜管、铜线、铜棒、铜板和铜管）及铜密 集型衍生产品（例如管件、电缆、连接器和电气元件）普遍征收50%的关税。白宫表示，铜输入材 料（例如铜矿石、精矿、锍铜、阴极铜和阳极铜）和铜废料不受"232条款"或对等关税约束。 美联储按兵不动！美股盘中跳水 周三美股涨跌互现，截至收盘，道指下跌0.38%，至44461.28点，纳指上涨0.15%，收于21129.67 点，而标普500指数下跌0.12%，收于6362.90点。美联储公布利率决议，维持联邦基金利率不变， 符合市场预期。美联储主席鲍威尔表示，9月是否降息尚未作出决定，美联储需要确保关税因素不会 从一次性的价格上涨变成真正的持续通胀问题。 累计票房超7亿 电影《南京照相馆》领跑2025暑期档票房榜 据灯塔专业版，截至7月30日16时22分，影片《南京照相馆》票房突破7亿，持续领跑2025年暑期 档票房榜。 【观国内】 政治局会议 ...

Group 1 - The CEO of Airbus announced that the company has reached an agreement with engine manufacturers to support its aircraft delivery targets by the end of the year [1]