金十数据6月3日讯，工业富联公告，公司拟使用自有资金不低于5亿元（含）且不超过10亿元（含）， 以集中竞价交易方式进行股份回购，回购股份的价格不超过20元/股。截至2025年5月31日，公司累计回 购769.74万股，占公司总股本的0.04%，回购价格区间为18.4元/股至19.84元/股，累计使用资金1.47亿元 （不含交易佣金､过户费等交易费用）。 工业富联：已回购769.74万股，使用资金总额1.47亿元 ...

Group 1 - The report indicates that in June, overseas focus is on tariff negotiations, debt risks, and interest rate cut expectations, leading to a cautious outlook for US stocks, while domestic economic and policy observations show limited incremental highlights [3][11] - The A-share market is expected to experience range-bound fluctuations, with a continuation of the "barbell strategy" focusing on dividend defense, domestic demand recovery, and technology growth [3][15] - The report highlights the importance of monitoring sectors such as banking, public utilities, transportation, new consumption, innovative pharmaceuticals, agriculture, and technology-driven industries like AI and semiconductors for potential investment opportunities [3][15] Group 2 - The report lists the top ten stocks for June, including companies from various sectors such as electronics, media, automotive, chemicals, pharmaceuticals, food and beverage, and power equipment [4][10] - Specific companies highlighted include Lianchuang Optoelectronics, Juguang Technology, and Changchun Gaoxin, with each showing promising growth potential based on recent performance and market conditions [4][17][27] - The report provides earnings forecasts for these companies, indicating expected revenue growth for Lianchuang Optoelectronics from 32.91 billion to 45.04 billion from 2025 to 2027, and for Juguang Technology from 5.65 billion to 11.01 billion in the same period [21][27]

Group 1: Trade and Tariffs - The U.S. plans to increase tariffs on imported steel and aluminum, with the EU preparing to retaliate [2][10][15] - The U.S. Trade Representative indicated that tariff lawsuits have not affected trade negotiations and plans to meet with EU trade representatives [11] Group 2: Economic Indicators - The U.S. April core PCE price index recorded a year-on-year rate of 2.5%, the lowest since March 2021, supporting market bets on a potential interest rate cut by the Federal Reserve [2][16] - China's manufacturing PMI for May was reported at 49.5, indicating an improvement in manufacturing sentiment [2][20] Group 3: Oil Market - OPEC+ announced an increase in oil production by 411,000 barrels per day starting in July, leading to a drop in international oil prices [3][18] - WTI crude oil fell by 0.58% to $60.26 per barrel, while Brent crude dropped by 1.14% to $62.58 per barrel [3][7] Group 4: Stock Market Performance - U.S. stock indices showed mixed results, with the Dow Jones up by 0.13% and the Nasdaq down by 0.32%, influenced by declines in major tech stocks [3][4] - Hong Kong's Hang Seng Index fell by 1.2%, with significant losses in technology and consumer stocks [4][5] Group 5: Industry Developments - The Chinese Ministry of Industry and Information Technology is intensifying efforts to regulate "involution" competition in the automotive industry [2][20] - The pharmaceutical sector in Hong Kong saw gains, with Fosun Pharma rising by 9.89% [4]

风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者：持有封基 来源：雪球 | | | | 名称 | 今年 | 本月 | 本周 | 当天 | BIAS25 | | --- | --- | --- | --- | --- | --- | | A股总数量 | 5107 | 5141 | 5145 | 5145 | | | A股上涨数量 | 2988 | 3648 | 3034 | 1075 | | | A股下跌数量 | 2102 | 1460 | 2016 | 3938 | | | A股零涨幅数量 | 17 | 33 | 95 | 132 | | | 涨幅>10% | 34. 72% | 20. 27% | 5. 34% | 0. 74% | | | 涨幅>5%到10% | 10. 65% | 20. 37% | 7.66% | 1. 34% | | | 涨幅>0%到5% | 13.14% | 30. 32% | 45. 97% | 18.81% | | | 涨幅>-5%到0% | 13. 32% | 18. 32% | 34. 58% | 74. 77% | | | 涨幅> ...

Core Insights - The company expects an export revenue of RMB 64.189 million for 2024, accounting for 7.23% of total revenue, with less than 5% of this revenue coming from exports to the U.S. [2] - The company maintains a high level of market sensitivity and actively responds to changes in international trade policies to ensure stable operations and sustainable development [2] - The Zhuhai factory is positioned for high-end quick-turn PCB services, with an initial focus on R&D prototyping and small batch production, and aims to achieve breakeven within the year [2] Business Operations - The company collaborates with major firms like NVIDIA, Intel, and AMD in PCB design and PCBA production, offering tailored services that vary by client [3] - The first phase of the Zhuhai factory targets high-end PCB production, with a planned capacity of up to 120 layers, focusing on AI-related products [2] - Revenue growth in Q1 exceeded 30%, driven by the introduction of new clients in the network communication sector [2]

Group 1: Macro Economic Outlook - The global economy is undergoing a restructuring of the monetary system, driven by changes in trust due to shifts in international relations, leading to a gradual "de-dollarization" process [3] - The long-term bull market for gold is expected to continue, as the decline in trust among countries is unlikely to change, indicating a historical shift [3] - In the short to medium term, the U.S. dollar may face further credit decline risks, with potential upward pressure on U.S. Treasury yields and inflation expectations [3] Group 2: U.S. Tax Policy Risks - The new U.S. tax reduction plan presents three main risks: financing risk due to inappropriate U.S. debt supply pressure, economic risk from unfair income distribution effects, and trust risk related to unfriendly international tax policies [6] Group 3: Trade Relations and Asset Prices - Historical analysis shows that asset prices are significantly influenced by trade relations, with market sensitivity to negative signals being higher than to positive ones [7] - The performance of different asset classes varies, with stocks and currencies being more sensitive to trade signals compared to the bond market [7] Group 4: Convertible Bonds Market - The convertible bond market is expected to enter a bull market due to supply-demand mismatches, with low interest rates driving demand for attractive assets [9] - The risk of credit shocks in the convertible bond market is considered manageable, with strong support for the current convertible bond pricing [10] Group 5: IPO Market Strategy - The IPO market is set for high-quality development, with regulatory support for technology-driven companies and a steady increase in the number of IPOs expected in 2025 [16][17] - The anticipated issuance of 80 to 140 new stocks in 2025 is expected to raise approximately 94 billion yuan, with a projected average first-day increase of 150% for the Sci-Tech Innovation Board [17] Group 6: Express Delivery Industry - The express delivery industry is facing intensified price competition, but healthy competition is expected to prevail, with market share likely concentrating among leading companies [18] - The resilience of leading e-commerce delivery companies is noted, with their performance remaining stable amid competitive pressures [18] Group 7: 3D DRAM Technology - The transition from 2D to 3D DRAM architecture is highlighted as a long-term trend, with significant implications for AI applications and hardware development [20] Group 8: Textile and Apparel Industry - The textile and apparel industry is expected to benefit from high-end segments and e-commerce trends, with a focus on brands that adapt to new market dynamics [22][23] Group 9: Yellow Wine Industry - The yellow wine industry is undergoing structural upgrades, with leading companies focusing on high-end product development and targeting younger consumer demographics [25]

Market Performance - The Hang Seng Index closed down by 1.2% [1] - The Hang Seng Tech Index fell by 2.48% [1] Company Performance - BYD Electronics experienced a decline of over 6% [1] - CSPC Pharmaceutical Group saw an increase of 6.3% [1]

2025.05. 30 本文字数：1491，阅读时长大约2分钟 作者 | 第一财经 李娜 富士康郑州科技园目前是苹果全球最大的生产基地之一。 "富士康的郑州厂区有15年的历史，从iPhone 4s一直延续到最新的iPhone 16系列，一些制程已经 发展到全自动化，比如电路板工厂高度自动化，技术含量高，处于全球领先水平。"在近日的一次富 士康郑州工厂实地探访中，苹果公司亚洲采购及运营管理副总裁崔玉善对包括第一财经在内的记者表 示，苹果在华供应商正在参与制造苹果所有最先进的产品，苹果全球前200家供应商中超过80%在 中国有生产基地。 当年轻人开始操作"机械臂" 穿过富士康郑州厂区D区朴素的厂房外墙，记者来到河南省首个灯塔工厂，两块六米长的电子大屏上 实时显示着灯塔工厂里各条生产线上的数据。而中控台背后的iPhone 16 Pro Max的电路板生产线 已经基本实现了全流程自动化，AGV机器、自动上料系统正在有条不紊地运作着。 富士康的一名管理人员对记者表示，越来越多的年轻人走向新的岗位。"这里面既有和苹果联合研发 的各种设备，比如说包装盒上的高精度喷墨技术，还有年轻人捣鼓出来的各种发明。" 上述管理人员表示， ...

Group 1 - Samsung SDI and LGES will establish lithium iron phosphate (LFP) battery production lines in the U.S. for electric vehicles, with a joint factory in Indiana set to introduce LFP production by 2027, previously focused on high-nickel ternary lithium batteries [1] - Foxconn's Zhengzhou factory has implemented significant automation upgrades for iPhone production, achieving over 100% efficiency improvement through modular design and real-time monitoring systems [2] - The Tianwen-2 mission successfully launched to explore and sample asteroid 2016HO3, marking a significant step in China's planetary exploration efforts [3] - The largest silicon carbide wafer factory in Wuhan has commenced production, expected to contribute 30% of China's silicon carbide wafer capacity, addressing the semiconductor shortage in the new energy sector [4] - DJI has acquired land in Shenzhen for 2.287 billion yuan to develop a global headquarters for smart aviation systems, with a construction timeline of 2.5 years to start and 6 years to complete [5]

Group 1 - Apple has invested over $20 billion in smart and green manufacturing in China over the past five years [1] - Foxconn's Zhengzhou Technology Park is one of Apple's largest production bases globally, with a history of 15 years [1] - More than 80% of Apple's top 200 suppliers have production bases in China, indicating the country's critical role in Apple's supply chain [1] Group 2 - The Zhengzhou factory has achieved a high level of automation, particularly in the production line for the iPhone 16 Pro Max [2] - Young workers at Foxconn are increasingly taking on advanced roles, moving from basic tasks to positions involving automation and system management [4][5] - The shift towards "blue-collar knowledge" is evident, with more technical workers obtaining certifications in robotic operations [4] Group 3 - Foxconn's evolution in Zhengzhou reflects the broader transformation of China's manufacturing sector, showcasing its ability to integrate into the global supply chain [6] - The local electronic supply chain benefits from a complete industrial ecosystem, including talent, material production, and efficient logistics [8] - The Chinese supply chain is characterized by resilience and competitiveness, which is a significant reason for Foxconn's commitment to long-term development in the region [8]