Suspension and Resumption of Trading - Yuanli Co., Ltd. is planning to acquire control of Fujian Tongsheng New Materials Technology Co., Ltd., resulting in a stock suspension [1] - Degute is planning to purchase 100% of Haowei Technology, leading to the resumption of trading. This acquisition will expand the company's main business from energy-saving environmental equipment manufacturing to telecom software development, cloud and AI software development, and industry digital solutions, successfully building a second growth curve [1] - Kanghua Bio is planning a change in control of the company, resulting in a stock suspension [1] Mergers and Acquisitions - Fuda Alloy is planning to acquire at least 51% of the equity of Guangda Electronics, which primarily produces TOPCon battery silver paste [3] - Dajia Weikang has acquired 60.85% of Anhui Dajia Weikang for a transaction price of 116 million yuan. Anhui Dajia Weikang operates 119 chain pharmacies, with revenue of 57 million yuan and net profit of 1.04 million yuan from January to April 2025 [3] Investment Cooperation and Business Conditions - Chuling Information has won a bid for the procurement project of all-optical network integration terminal supporting products from China Mobile [4] - Galaxy Microelectronics plans to invest 310 million yuan to build the first phase of a high-end integrated circuit discrete device industrialization base [5] - Yuntian Lifa plans to issue H-shares and list on the Hong Kong Stock Exchange [6] - Xingchen Technology is planning to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange [7] Performance Changes - Guosen Securities expects a net profit of 4.78 billion to 5.53 billion yuan for the first half of the year, an increase of 52% to 76% compared to 3.139 billion yuan in the same period last year, with significant growth in major business revenues [8] - Guolian Minsheng expects a net profit of 1.129 billion yuan, a year-on-year increase of approximately 1183% [8] - Huaxi Securities anticipates a net profit of 445 million to 575 million yuan, a year-on-year increase of 1025.19% to 1353.90% [9] - Ruijie Networks expects a net profit of 400 million to 510 million yuan, an increase of 160.11% to 231.64% compared to 154 million yuan in the same period last year [9] - Gaode Infrared expects a net profit of 150 million to 190 million yuan, a year-on-year increase of 734.73% to 957.33% [9] - CRRC expects a net profit of 6.722 billion to 7.562 billion yuan, a year-on-year increase of 60% to 80% [10] - Lanke Technology expects a net profit of 1.1 billion to 1.2 billion yuan, a year-on-year increase of 85.50% to 102.36% [10] - Jingfang Technology expects a net profit of 150 million to 175 million yuan, a year-on-year increase of 36.28% to 58.99% [10] - Yaqi International expects a net profit of 730 million to 930 million yuan, an increase of 170% to 244% compared to 270 million yuan in the same period last year [10] - Hunan Gold expects a net profit of 613 million to 701 million yuan, a year-on-year increase of 40% to 60% [10] - Western Gold expects a net profit of 130 million to 160 million yuan, an increase of 96.35% to 141.66% [10] - Zhongjin Gold expects a net profit of 2.614 billion to 2.875 billion yuan, a year-on-year increase of 50% to 65% [11] - Zijin Mining expects a net profit of 23.2 billion yuan, a year-on-year increase of approximately 54% [12] - Allwinner Technology expects a net profit of 156 million to 171 million yuan, a year-on-year increase of 31.02% to 43.62% [13]

01 主题： 海尔智家研产销"三位一体"，全球化深度整合 时间：7月14日（周一）15:00 主讲：孟昕 家电轻工首席分析师 参会密码： 752691 02 主 题： 稀土产业链投资机会 时间： 7月14日（周一）16 : 00 主讲： 张文臣 有色及新材料首席分析师 参会密码： 834257 03 主 题： 对话中科海迅，聊聊深海科技 时间： 7月14日（周一）20 : 00 嘉宾：中科海迅 张总 主持：马浩然 军工分析师 参会密码： 792516 07 主题： 宠物动保行业研究 时间：7月18日（周五）20 : 00 主讲： 程晓东 农业首席分析师 李忠华 农业分析师 参会密码： 502169 04 主题：新时达公司近况更新电话会议 时间： 7月15日（周二）15 : 15 嘉宾： 新时达公司 董秘 主持： 崔文娟 机械首席分析师 参会密码： 511944 05 主题：豪鹏科技公司交流 时间： 7月15日（周二）15 : 30 嘉宾：董秘 陈总 等 主持：刘强 院长助理&电新首席分析师 谭甘露 电新分析师 参会密码：369755 06 主题： Q3银行和非银板块观点更新 时间： 7月17日（周四）15 : ...

Group 1 - The company expects to achieve a turnaround in net profit for the first half of 2025, projecting a net profit attributable to shareholders of the parent company between 580 million and 700 million yuan [1][2] - The net profit after deducting non-recurring gains and losses is estimated to be between 110 million and 130 million yuan [1] - The previous year's net profit attributable to shareholders was a loss of 34.72 million yuan, indicating a significant improvement [2] Group 2 - The primary reason for the turnaround is the completion of a major asset restructuring, transforming the company from a traditional ceramics manufacturer to a research, production, and sales enterprise in shipbuilding and high-end equipment [2][3] - The newly acquired subsidiary, Hengli Heavy Industry Group, has been integrated into the company's consolidated financial statements, contributing positively to the financial outlook [2][3] - The international shipbuilding market demand is strong, and the company has a substantial order backlog, enhancing its profitability and risk resilience [3]

Core Points - China National Offshore Oil Corporation (CNOOC) has successfully delivered 24 sets of 2000-meter deep international suction anchors for the Mero Phase II project in Brazil, marking a significant achievement in deepwater engineering [2] - The suction anchors, which utilize negative pressure to secure marine facilities, are essential for deep-sea energy development and are recognized for their high efficiency, reusability, and load-bearing capacity [2] - The project represents the largest application depth for suction anchors constructed domestically, with a total structural weight of approximately 2674 tons [2] Technical Innovations - The Mero Phase II suction anchors feature a maximum construction height of 21 meters, a diameter of 8 meters, and a wall thickness of only 25 millimeters, presenting substantial construction challenges [3] - The project team pioneered several construction techniques, including horizontal extension and vertical assembly, and employed advanced technologies such as 3D scanning and finite element simulation to address technical difficulties [3] - The quality assurance rate exceeded 99.9%, with dimensional deviations maintained within 1 millimeter per meter, achieving an industry-leading standard [3] Industry Contributions - CNOOC has been enhancing its core technologies in deepwater oil and gas equipment, successfully constructing several significant platforms, including the world's first 100,000-ton semi-submersible production and storage platform [3] - The company has also delivered multiple large-scale floating production storage and offloading units (FPSOs) internationally, contributing to the global deepwater oil and gas equipment market and promoting high-level cooperation in marine energy [3]

从现代农业的智能化创新成果，到汽车产业的新能源与自动驾驶技术突破；从高端装备制造的精密工艺 展示，到光电信息产业的前沿科研产品……工作人员详细介绍各功能区的建设运营情况、服务内容以及 在推动新质生产力发展过程中取得的显著成果。 中新网长春7月13日电 (谭伟旗李彦国)16个共建"一带一路"国家的60多位商协会代表，近日来到吉林长 春探访，寻求合作机会。 长春地处东北亚地理核心位置，是中国向北开放的重要窗口。作为老工业基地城市，当地的制造业基础 雄厚，汽车、高铁制造技术领跑全球。 在长春新质生产力发展促进中心，代表团先后参观了科技成果转化路演区、技术交易区、知识产权服务 区、高校科研机构及产业成果展览展示区等功能区域。 来自津巴布韦的代表凯瑟琳·哈马米提表示，希望将长春的汽车制造技术引入津巴布韦，促进当地汽车 产业发展。 第22届长春国际汽车博览会正在举行。其间，长春国际商会与8家共建"一带一路"国家商协会签署合作 备忘录。长春市汽车行业协会、长春永春生物医药城、长春国际陆港发展有限公司分别展示了各自领域 的优势与发展潜力。 长春国际商会副会长张书野表示，此次签署合作备忘录的共建"一带一路"国家商协会，涵盖了不 ...

新华财经成都7月13日电（记者袁波）记者从成都市体育局获悉，今年上半年成都已举办重大赛事38 项，预计体育消费总规模达410亿元、同比增长约9%；体育产业产值总规模达740亿元、同比增长约 8%。 成都市体育局局长王毅在解读成都市委十四届七次全会精神时表示，成都将高标准筹备举办第12届世界 世运会、国际乒联混团世界杯等重大国际赛事，加快培育成都马拉松、天府绿道国际自行车赛等自主品 牌赛事，创新打造"运动成都·十二月市"全民健身赛事活动体系。重点塑造乒羽网之城、艺术体育之 城、棋城、骑跑运动之都、电竞文化之都、金牌球市"三城两都一市"体育品牌。今年成都市举办承办国 际和全国性高水平体育赛事预计将超80项。 发挥体育叠加效应，推进文商旅体深度融合发展。成都深化"体育+"融合发展，持续实施在"春熙路边、 音乐厅旁、天府双塔下"举办体操精英赛、田径街头赛、三人篮球大师赛等新模式，塑造"跟着赛事游成 都"新风潮。依托"两山一环"空间，探索举办攀岩、滑雪、滑翔、漂流、骑行等新兴潮流项目赛事活 动。大力实施"运动过节·观赛度假"体育消费促进行动，支持市民在"家门口"以运动方式过节。今年将 力争实现成都市体育消费总规模达80 ...

Core Viewpoint - The acquisition of 100% equity in Haowei Cloud Computing Technology Co., Ltd. by Qingdao Degute Energy Equipment Co., Ltd. is aimed at enhancing business synergy and transforming Degute from a traditional equipment supplier to an energy management solution provider [1][5]. Group 1: Financial Performance - Degute achieved a revenue of 509 million yuan in 2024, representing a year-on-year growth of 64.21%, and a net profit attributable to shareholders of 96.71 million yuan, up 150.15% year-on-year [2][3]. - In Q1 2025, Degute's revenue was 125 million yuan, showing a year-on-year decline of 31.19%, attributed to delayed order deliveries from 2023 [3]. - Haowei Technology reported a revenue of 3.34 billion yuan in Q1 2025, also experiencing a decline, which is explained by the seasonal nature of the software and IT services industry [3]. Group 2: Business Synergy - The acquisition is expected to create significant business synergies, with Haowei's "Three Integration" intelligent computing solution reducing deployment time from 6 months to 72 hours, and improving fault prediction accuracy by 40% in power industry applications [4]. - The collaboration will enable Degute to leverage Haowei's expertise in digital solutions to enhance its traditional manufacturing processes, thereby improving digital management efficiency [4]. Group 3: Market Expansion - Degute's products are sold in over 30 countries, while Haowei has branches in 19 countries, indicating potential for collaborative international market expansion [5]. - The differing customer bases of Degute and Haowei present complementary opportunities, allowing Degute to enter smart city environmental projects through Haowei's government and enterprise channels [4][5].

丨证券研究报告丨 公司研究丨点评报告丨中国中车（601766.SH） [Table_Title] 中国中车：上半年业绩高增，轨交装备龙头经营 持续景气向上 报告要点 [Table_Summary] 中国中车发布 2025 年半年度业绩预增公告，Q2 业绩再超预期。25Q1 报表已显示公司营收利 润、存货订单等各项指标继续向好，整体经营持续改善；Q2 业绩再超预期显示出轨交装备行业 景气。展望 25 年全年，动车组业务将继续增长，且机车业务有望改善，叠加城轨和新产业的发 展，公司经营持续向上。 分析师及联系人 [Table_Author] 赵智勇 倪蕤 屈奇 SAC：S0490517110001 SAC：S0490520030003 SAC：S0490524070003 SFC：BRP550 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 中国中车（601766.SH） cjzqdt11111 [Table_Title 中国中车：上半年业绩高增，轨交装备龙头经营 2] 持续景气向上 [Table_Summary2] 事件描述 中国中车发布 2025 年半年度业绩预 ...

证券代码：300950 证券简称：德固特 公告编号：2025-046 青岛德固特节能装备股份有限公司 关于披露发行股份及支付现金购买资产预案的一般风险提示暨公司 股票复牌的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 ? 证券停复牌情况：适用 因筹划发行股份及支付现金购买资产，本公司的相关证券停复牌情况如下： 停牌起 停牌期 停牌终止 证券代码 证券简称 停复牌类型 复牌日 始日 间 日 一、公司股票停牌情况 青岛德固特节能装备股份有限公司（以下简称"公司"）正在筹划通过发行 股份及支付现金的方式购买浩鲸云计算科技股份有限公司100%股份并募集配套 资金（以下简称"本次交易"）。经初步测算，本次交易预计构成《上市公司重 大资产重组管理办法》规定的重大资产重组，不会导致公司实际控制人发生变更， 不构成重组上市，构成关联交易。 为了维护投资者利益，避免对公司股价造成重大影响，根据深圳证券交易所 的相关规定，经公司申请，公司股票（简称：德固特，股票代码：300950）自2025 年6月30日开市起停牌，预 ...

证券研究报告·公司点评报告·航海装备Ⅱ ◼ 2025H1 业绩预增 98%-119%，在手订单兑现超市场预期 根据预告，2025 年上半年中国船舶归母净利润 28~31 亿元，同比增长 98%~119%，扣非归母净利润 26~29 亿元，同比增长 120%~145%，业绩超市 场预期。对应单 Q2 归母净利润 17-20 亿元，同比增长 65%~95%。同时，中国 重工 7 月 10 日亦发布业绩预告，2025 年上半年实现归母净利润 15~18 亿元， 同比增长 182%~238%，中国船厂在手订单放量、利润率修复逻辑持续兑现。 截至 2025 年 5 月，中国船舶手持民船订单 322 艘、2461 万载重吨，产能已排 期至 2029 年，展望后续，301 法案悲观情绪逐渐修复，此前抑制的需求有望 逐步释放，南北船合并发挥协同效应，中国造船产业链综合竞争力将持续增强。 ◼ 资产整合持续推进，看好内部效率提升带来的利润释放弹性 2025 年 7 月 4 日，中国船舶发布公告，公司吸收合并中国重工暨关联交 易事项获得上海证券交易所并购重组审核委员会审核通过，意味着"南北船合 并"进展更进一步。根据中国船舶、中国 ...