Performance Forecast - The company expects a loss of 10.8 million to 13.2 million yuan for the period from January 1, 2025, to June 30, 2025, compared to a loss of 10.2467 million yuan in the same period last year [1][2] - The net profit attributable to shareholders is projected to decline by 5.40% to 28.82% compared to the previous year, where the loss was between 6 million to 8.2 million yuan [1][2] - The basic earnings per share are estimated to be a loss of 0.0455 to 0.0556 yuan per share, compared to a loss of 0.0434 yuan per share in the previous year [2] Communication with Auditors - The performance forecast has not been reviewed by registered accountants, but the company has communicated with the auditing firm regarding the forecast, and there are no significant disagreements [2] Reasons for Performance Changes - The company is advancing its two main business areas: "New Energy + Automotive" and "Semiconductor Storage + Smart Terminals" [2] - In the automotive parts sector, the company is responding to the national "Belt and Road" initiative by collaborating with high-quality global clients to drive business growth [2] - In the semiconductor storage sector, the global market is in an upward cycle, and the company is seizing market opportunities to expand its client base and enhance market share [2] - The Chenzhou lithium battery project is in the construction investment phase, with management expenses and operating costs accounted for in the current period's profit and loss [2]

大为股份（002213）公告，2025年1月1日至2025年6月30日，归属于上市公司股东的净利润预计亏损 1080万元–1320万元，同比下降5.40%–28.82%；扣除非经常性损益后的净利润预计亏损600万元–820万 元，上升25.98%–45.84%；基本每股收益预计亏损0.0455元/股–0.0556元/股。公司持续推进"新能源+汽 车"、"半导体存储+智能终端"两大业务，积极拓展市场份额，但郴州锂电项目仍处于建设投入阶段，管 理费用和运营成本较高。 ...

国外 1. 摩根大通：特朗普新关税将使美国平均税率升至14.6% 摩根大通经济学家迈克尔·费里奥和阿贝尔·莱因哈特发布最新研究报告，估算纳入特朗普本周宣布、将 于8月1日对14个国家加征的关税后，美国的平均关税税率将从此前的13.4%上升至14.6%。另据德国商 业银行的独立分析，新的平均关税税率可能超过18%。此外，摩根大通还指出，如果特朗普继续推进其 他潜在贸易措施，例如恢复4月份提出的针对其他国家的对等关税、新增铜产品关税或对金砖国家等加 征关税，美国整体平均关税税率还可能进一步上升多达6个百分点。 2. 高盛：美元或将再次以"风险较高"货币的态势交易 高盛表示，美元有理由很快就开始以一种"风险较高"货币的态势交易，但高盛仍未看到美元的避险吸引 力出现永久性转变。分析师在报告中写道，从关税到美联储独立性等政策不确定性仍高。 3. 花旗：2025年剩余时间向美国出口铜的窗口或将关闭 花旗分析师表示，特朗普关税是铜市场的分水岭。他们在一份报告中写道，特朗普关税将突然关闭向美 国出口铜的窗口，或许在2025年的剩余时间里都如此，随着库存减少取代进口，进口需求将崩溃。 4. 花旗：美联储会议纪要或呼应鲍威尔证词 ...

" 存力中国行 " 走进广东，透视存力发展现状 华银康集团围绕智慧病理的发展持续布局，依托"数据-算法-场景"全链路技术闭环，在行业内首创"AI+系统+设备+资源"四位一体服务模式，提供模块化智 慧病理解决方案。在233位病理专家团队及100位标注专家的支持下，深度融合DeepSeek等大模型技术，在远程病理的基础上为各级医疗机构提供数字病理 数据库打造、病理AI辅助诊断、病理结构化报告以及病理全流程管理监控等服务。 以胃活检为例，胃活检诊断具有极高的复杂性，对于处在病情发展中或少量异型细胞存在的情况，模型可通过提示性文字和对应区域展示，针对非明确的散 落的可疑异型细胞进行建议性提示。系统针对于胃癌的敏感性超过99%，特异性达90%，有效防止漏诊与误诊。通过AI分析后，会输出整体诊断建议、热力 图及色阶图，帮助医生快速定位可疑病变区域，最终由病理医生完成诊断。 【环球网科技报道 记者 张阳】在数字化浪潮以排山倒海之势席卷全球的当下，数据已成为驱动社会进步和产业变革的核心要素，其规模正以指数级的速度 疯狂增长。特别是随着人工智能（AI）技术的逐步成熟，大模型技术成为科技领域发展的核心热点，决定大模型发展快慢的" ...

深圳市德明利技术股份有限公司 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，没有虚 假记载、误导性陈述或者重大遗漏。 一、本期业绩预计情况 （一）业绩预告期间 （二）业绩预告情况 预计净利润：? 亏损 亏损：8,000 万元–12,000 万元 证券代码：001309 证券简称：德明利 公告编号：2025-053 金额：380,000 万元–420,000 万元 营业收入 归属于上市公司 盈利：38,764.72 万元 股东的净利润 比上年同期减少：120.64%-130.96% 亏损：8,450 万元–12,450 万元 扣除非经常性损 盈利：36,997.57 万元 益后的净利润 比上年同期减少：122.84%-133.65% 金额：217,608.82 万元 比上年同期增长：74.63%-93.01% 基本每股收益 亏损：0.49 元/股-0.74 元/股 盈利：2.63 元/股 备注：上年同期基本每股收益已按照除权调整后的股本重新计算。 二、与会计师事务所沟通情况 本期业绩预告相关的财务数据是公司财务部门初步测算的结果，未经会计师 事务所审计。 三、业绩变动原因说明 供需结构改善，推动整体 ...

德明利（001309）7月9日晚间公告，预计2025年上半年营业收入同比增长74.63%至93.01%，但公司归 属净利润同比由盈转亏。 业绩预告显示，今年上半年公司营业收入为38亿元至42亿元，公司预计2025年上半年实现归属于上市公 司股东的净利润为亏损8000万元至1.2亿元，相比，去年上半年公司盈利3.88亿元。 德明利指出，受存储原厂产能调整及数据中心需求增长影响，存储芯片市场供需结构改善，推动整体价 格回升，叠加公司积极拓展企业级存储、嵌入式存储等业务，经营规模大幅提升。 而公司业绩阶段性承压主要受行业周期波动、市场需求结构性调整及阶段性成本压力影响。随着业务规 模的快速扩张，公司期间费用持续增加。其中，为配合战略客户业务拓展及完善产品布局，公司持续加 大研发投入和人才储备力度，研发费用同比大幅增加。2025年半年度研发费用约为1.3亿元，同比增幅 高达50%。 对于2025年一季度业绩亏损的情况，公司高管归因于行业周期波动、市场需求结构性调整及阶段性成本 压力影响，对短期盈利形成一定挑战。 业务进展方面，企业级存储业务进展顺利，已进入包含头部互联网厂商及服务器厂商在内的多家企业级 客户供应商体系 ...

Market Performance - On July 9, the Shanghai Composite Index reached 3507.69, marking a 0.29% increase and a new high for the year [1] - The Shenzhen Component Index rose by 0.36% to 10626.87, while the ChiNext Index increased by 0.80% to 2198.44 [1] - The total market turnover for the half-day session was 969.1 billion, an increase of 83.8 billion from the previous day [1] - A total of 2083 stocks in the market experienced gains [1] Sector Performance - The multi-financial, short drama gaming, childcare services, banking, and pork sectors saw the highest gains [2] - The banking sector performed well, with Chongqing Rural Commercial Bank leading with a 3.30% increase, and several other banks, including Lanzhou Bank and Zijin Bank, rising over 2% [2] - The robotics sector was active, with Upwind New Materials hitting the 20% limit up due to a significant acquisition announcement [2] - Conversely, the shipbuilding, storage chip, rare earth permanent magnet, and non-ferrous metal sectors faced declines, particularly in the storage chip sector, where companies like Youfang Technology and Chengbang Co. saw drops of 8.97% and 5.98%, respectively [2] Future Outlook - According to Guangfa Securities, the market is expected to continue being driven by banks, pharmaceuticals, and computing power, with potential for slight upward movement or fluctuations in the index [2] - CITIC Securities highlighted a global nuclear energy revival driven by carbon neutrality goals and energy security, predicting stable demand for uranium due to limited new supply and concentrated existing mines [3] - China International Capital Corporation noted that the food and beverage sector is expected to see marginal improvement, particularly in snack foods and soft drinks, while the liquor sector may face continued pressure but has begun to show value [3]

Group 1 - A-shares have shown a structural market characteristic, with strong performance in consumer sectors such as food and beverage, and retail, as well as certain technology sectors like AI applications and innovative pharmaceuticals [2][4] - The top five performing industries in A-shares include agriculture, media, food and beverage, electrical equipment, and retail, indicating a growing interest in agricultural assets and a recovery in consumer spending [2] - The bottom five performing industries in A-shares are electronics, steel, basic chemicals, non-ferrous metals, and storage chips, with the decline in non-ferrous metals linked to proposed US tariffs on copper [2] Group 2 - In the Hong Kong market, the healthcare sector has seen a rise due to active innovative drug concepts, despite potential US tariffs on pharmaceuticals [3] - The top three performing industries in Hong Kong include healthcare, industrial, and energy, while the bottom three are materials, information technology, and real estate, reflecting external pressures from US tariff policies and global tech supply-demand imbalances [3] - The current market characteristics indicate that A-shares are driven by policy and sectoral improvements, while Hong Kong stocks are more influenced by external factors such as US tariffs and global technology cycles [4] Group 3 - Short-term market hotspots are concentrated around policy-driven sectors and improving industry conditions, with a focus on performance in the upcoming earnings reports [4] - The breakthrough of the Shanghai Composite Index above 3500 points is expected to further boost market confidence, with potential policy signals from the July Politburo meeting influencing capital flows [4]

Market Overview - The A-share market showed stability in the morning, with all three major indices in the green, and the Shanghai Composite Index returning to the psychological level of 3500 points, indicating potential for increased capital inflow [2] - The Shenzhen Component Index and the ChiNext Index also performed well, particularly the ChiNext Index, which rose over 0.8%, suggesting high activity in growth stocks [2] - Trading volume was robust, nearing 1 trillion yuan in half a day, indicating active market participation and a positive profit effect with over 2000 stocks rising [2] Sector Performance - **Banking Sector**: Major banks like Industrial and Commercial Bank of China, Postal Savings Bank, and Agricultural Bank reached new highs, driven by a low interest rate environment that attracts long-term capital due to high dividends and stable returns. The improving asset quality and economic recovery expectations support the valuation recovery logic [2] - **Short Drama Game Sector**: Stocks like Huayi Brothers surged, likely influenced by recent Shanghai policies supporting the digital content industry, although this sector is characterized by high volatility and speculative trading [3] - **Innovative Drug Sector**: Stocks such as Purui Pharmaceutical saw significant gains, supported by national policies promoting innovative drug development, indicating long-term growth potential despite short-term volatility [3] - **Storage Chip Sector**: This sector faced a collective downturn, with companies like Fang Technology dropping over 9%, attributed to falling prices and weak consumer demand. However, long-term demand is expected to rise with advancements in AI and data centers, presenting a potential investment opportunity [3] - **Rare Earth Permanent Magnet Sector**: Companies like Jiuling Technology experienced declines, influenced by policy and market sentiment. Despite recent corrections, rare earths remain valuable as strategic resources [4] - **Shipbuilding and Nonferrous Metals Sectors**: Both sectors underperformed, with the shipbuilding sector affected by market sentiment and the nonferrous metals sector pressured by falling international commodity prices [5] Investment Strategy - The market is characterized by structural trends with both gains and losses across sectors, necessitating a steady investment approach. Long-term investors are encouraged to focus on sectors with sustainable growth logic, such as banking and innovative drugs, while being cautious with more volatile sectors like short drama games and storage chips [5]

Market Overview - The A-share market showed mixed performance on July 9, with the Shanghai Composite Index rising by 0.31% to 3508.29 points, returning above the 3500 mark [1] - Multiple indices broke through their consolidation ranges, indicating a short-term strengthening trend [1] - The offshore RMB and USD index showed signs of recovery, suggesting a potential "two steps forward, one step back" market behavior in the short term [1] Sector Performance - The childcare service sector saw significant gains, with Huamei Holdings hitting the daily limit [2] - Human-shaped robot concepts also performed well, with Henggong Precision and Dafeng Industrial both reaching the daily limit [1] - The non-ferrous metal sector experienced widespread increases, with Jinling Mining also hitting the daily limit [1] - Conversely, sectors such as precious metals, insurance, rare earth permanent magnets, and storage chips underperformed [1] Institutional Insights - China Merchants Securities predicts a potential upward breakout in the market, with technology and non-bank sectors likely to outperform [4] - Postal Savings Securities suggests that A-shares will primarily focus on internal fundamentals, with a likely scenario of oscillating to digest gains due to reduced external shocks [5] - Industrial Securities indicates that A-shares have entered a phase of stronger market patterns, with a focus on basic earnings and seasonal strengths in resource sectors like steel and chemicals [6] Childcare Service Sector - The National Development and Reform Commission, along with six other departments, issued guidelines to accelerate the development of a universal childcare service system, supporting the construction of childcare facilities [2]