2025年1至6月份，模塑科技的营业收入构成为：汽车产业占比92.83%，医疗产业占比3.48%，铸件占比 2.58%，房地产产业占比1.11%。 每经AI快讯，模塑科技（SZ 000700，收盘价：12.63元）12月29日晚间发布公告称，本次利润分配方案 以公司总股本约9.18亿股为基数，向全体股东每10股派发现金3.268元（含税），现金分红总额约3亿 元，本次分配不实施资本公积转增股本、不分红股，剩余未分配利润留待后续分配。股权登记日为2026 年1月7日。除权除息日为2026年1月8日。 截至发稿，模塑科技市值为116亿元。 每经头条（nbdtoutiao）——绕开光刻机"卡脖子"，中国新型芯片问世！专访北大孙仲：支撑AI训练和 具身智能，可在28纳米及以上成熟工艺量产 （记者 王晓波） ...

Core Viewpoint - The State Council's Tariff Policy Committee has announced the "2026 Tariff Adjustment Plan," effective from January 1, 2026, aimed at optimizing import tariffs to promote high-quality development and meet the growing needs of the population [1][2]. Group 1: High-end Manufacturing and Technology Industry - The industry will benefit directly from reduced import tariffs on key components and advanced materials, such as hydraulic cushions and composite connectors, which will lower import costs and enhance supply stability [4]. - The tariff reduction is expected to alleviate financial pressure on companies importing critical semiconductor equipment, thereby accelerating domestic substitution processes and fostering a favorable development environment [4]. Group 2: Healthcare Sector - The tariff adjustments will lower import tariffs on medical products like artificial blood vessels and diagnostic kits, reducing procurement costs for domestic healthcare institutions and improving access to quality medical resources [4]. - The ongoing optimization of tariff policies will further decrease operational costs for healthcare companies, enhancing their market competitiveness [4]. Group 3: Foreign Trade and Retail - Foreign trade enterprises, particularly those engaged in cross-border operations, will benefit from tariff reductions, with products like coffee beans and automotive engines included in the "zero tariff" list [5]. - The rising demand in the duty-free shopping market, exemplified by a 54.9% year-on-year increase in Hainan's duty-free shopping amount, will drive growth in related industries such as shipping and logistics [5]. Group 4: Green Energy - The green energy sector will see advantages from reduced import tariffs on resource products, such as recycled black powder for lithium-ion batteries, lowering production costs for new energy battery manufacturers [5]. - The easing of tariffs is expected to provide more certainty for global investments in the new energy sector, further reducing export costs for China's photovoltaic and new energy vehicle industries [5].

Core Insights - The Yangtze River Delta (YRD) region is solidifying its role as a strong growth engine and a model for high-quality development, with significant advancements in technological and industrial innovation, high-level openness, ecological protection, and improved public welfare in 2024 [1] Economic Development - The YRD's demonstration index for high-quality economic development reached 129.8 in 2024, a 2.4 increase from 2023, and an average annual increase of 2.3 since 2018 [2] - The region's GDP reached 33.17 trillion yuan, 1.5 times that of 2018, accounting for 24.7% of the national total, a slight increase of 0.1 percentage points from 2023 [2] - The digital economy is thriving, with the value added by the information transmission, software, and IT services sector reaching 1.88 trillion yuan, 2.3 times that of 2018, and nearly 30% of the national total [2] Innovation and R&D - The innovation co-construction index rose to 160.6 in 2024, an increase of 8.2 from 2023, with an average annual growth of 6.4 since 2018 [3] - R&D investment in the region reached 1.12 trillion yuan, a 10.5% increase from 2023, representing 30.9% of the national total [3] - The region saw nearly 300,000 new invention patents, with a per capita rate exceeding 12 patents per 10,000 people, 1.6 times that of 2018 [3] Infrastructure and Connectivity - The coordination index for the YRD remained stable at 131.0 in 2024, with an average annual increase of 4.4 since 2018 [4] - The region's railway network expanded to over 15,000 kilometers, a 43.6% increase since 2018, with high-speed rail accounting for over half of the total [4] - The income disparity among residents across provinces narrowed from 2.68:1 in 2018 to 2.40:1 in 2024 [4] Environmental Protection - The green co-protection index reached 163.8 in 2024, a 6.3 increase from 2023, with an average annual growth of 5.6 since 2018 [5] - The air quality improved, with an average of 84.5% of days classified as good air quality across 41 cities, a 0.8 percentage point increase from 2023 [5] - The proportion of good quality surface water reached 94.3%, an increase of 0.9 percentage points year-on-year, marking a historical high [6] Trade and Economic Openness - The openness index for the YRD was 106.6 in 2024, reflecting a resilient outward-oriented economy [7] - The region's total import and export volume exceeded 16 trillion yuan, accounting for 36.5% of the national total, with exports nearing 10 trillion yuan, representing 39.1% of the national total [7] - The seventh China International Import Expo attracted 3,496 exhibitors from 129 countries, with intended transactions exceeding 80 billion USD, of which the YRD accounted for 34% [7] Public Welfare and Services - The public welfare index increased to 130.4 in 2024, a 0.9 increase from 2023, with an average annual rise of 3.1 since 2018 [8] - The average disposable income per capita reached 57,137 yuan, a nominal increase of 5.2% year-on-year [8] - The number of hospital beds in the region increased to 1.6525 million, a rise of 361,800 since 2018, with nearly 7 beds per 1,000 people [8]

格隆汇12月29日丨希玛医疗(03309.HK)发布公告，2025年12月29日耗资58.07万港元回购34万股，回购 价格每股1.69-1.74港元。 ...

港股恒生指数涨0.26%，涨67点，报25886点；恒生科技指数涨1.6%。港股早盘成交1264亿港元。 江西铜业股份（00358）涨近10%。公司公告拟以不超7.64亿英镑现金，收购SolGold全部已发行及将要 发行股本。 佑驾创新(02431)解禁后涨超15%，公司入选恒生港股通电子主题指数，无人物流车行业将迎爆发期。 政策支持脑机接口发展。心玮医疗-B(06609)涨超10%，脑动极光-B(06681)涨6.7%。 建滔积层板(01888)涨超9%，公司再发涨价通知，机构称覆铜板涨价有望持续。 航空股早盘普涨，人民币汇率升值下航司汇兑压力缓解，航空将迎来假期催化。中国国航(00753)涨 3.97%；东方航空(00670)涨2.94%；南方航空(01055)涨2.3%。 12月27日，工业和信息化部"人形机器人与具身智能标准化技术委员会"在京正式成立，机器人板块大 涨。微创机器人-B（02252）涨超30%；越疆（02432）涨超12%；优必选（09880）涨超12%；小鹏汽 车-W（09868）涨超6%。 钧达股份(02865)涨超19%，与尚翼光电签署战略合作协议，机构指太空光伏仍是最强主线。 上 ...

Group 1 - The core point of the news highlights the current state of the gold futures market, with the latest price of Shanghai gold futures at 1017.26 CNY per gram, showing a slight increase of 0.08% [1] - The price range for the day fluctuated between a high of 1024.00 CNY and a low of 1009.00 CNY, indicating a narrow trading range [1] - The market is currently in a consolidation phase with a significant decrease in volatility, as indicated by the narrowing Bollinger Bands and stable RSI around 52, suggesting no clear overbought or oversold signals [4] Group 2 - The U.S. economy showed a 4.3% annualized growth in Q3, but this growth is misleading as real disposable income only increased by 0.6%, indicating a divergence between output and income [3] - Consumer spending contributed 2.3 percentage points to GDP growth, with over 70% of this coming from essential services, reflecting cost pressures rather than consumer confidence [3] - The labor market is showing signs of weakness, with declines in hours worked, hiring, and job quality, suggesting a potential economic downturn [3]

Group 1 - The city has implemented 42 livelihood projects, with 24 exceeding annual targets, enhancing residents' sense of well-being and happiness [1] - The projects include the establishment of 37 "Ningqing Stations" for youth talent, 135 standardized employment service stations, and 204 "Love Summer Care Classes" for children [1] - The city has integrated various resources and strengthened collaboration among departments to ensure effective implementation of these projects [1] Group 2 - The city has created 293,100 job opportunities through various channels, focusing on major projects and key industries [2] - Services for the elderly and children have been enhanced, including full air conditioning coverage in classrooms and upgrades to 14 senior meal service points [2] - Urban functionality and safety have been improved with new medical bus routes, river management projects, and the establishment of 900 micro fire stations [2] Group 3 - Since the 14th Five-Year Plan, the city has implemented 219 livelihood projects, achieving health indicators comparable to developed countries and leading in preschool education coverage [3] - Future efforts will focus on addressing structural imbalances in livelihood development, enhancing cross-departmental policy coordination, and responding to demographic challenges [3] - The city aims to improve the management system for livelihood projects to elevate the standard of living further [3]

转自：贵州日报 贵州医科大学附属医院院长、中山大学附属第一医院贵州医院院长左石，中山大学附属第一医院贵州医 院党委书记、执行院长孙祥宙，新区领导王嶒、李昂参加。 在中山大学附属第一医院贵州医院（贵州医科大学附属医院贵安院区），胡忠雄先后走访医院病房、住 院部等区域，与患者、医务工作者面对面交流。他强调，要加强联动，统筹好建设进度、评审进程，抓 好重点学科专科建设，强化对医院发展的服务保障，更好满足群众就医需求。在新区公共交通有限公 司，胡忠雄认真听取工作汇报，实地察看企业运营情况，叮嘱相关负责人要把群众安全便捷出行放在首 位，因地制宜优化路线，面向旅游业发展需求、定制公交需求、驾培需求挖掘发展潜力，为市民游客提 供更加优质的出行服务。在岐山安置房二期项目，胡忠雄看项目建设、听群众安置情况汇报，关切询问 周边配套、物业管理等方面情况。他强调，要高质量推进项目建设，抓好公共服务配套，不断提升群众 生活品质。在湖南师范大学附属贵安学校，胡忠雄先后走进学生教室、宿舍、实验室，详细了解学校招 生、办学等方面情况。他强调，要提升办学质量，加强教师队伍建设，周密细致做好校园安全各项工 作，推动学校软件、硬件实现同步提升，助 ...

Core Insights - The first batch of floating rate funds has shown mixed performance, with some funds achieving over 70% returns while others struggled, highlighting the challenges faced by fund managers in adapting to new benchmarks [1][2]. Group 1: Fund Performance - As of December 26, the top-performing fund, Huashang Zhiyuan, achieved a return of approximately 71.75%, followed by Xinao Advantage Industry at 54.44%, with several other funds also exceeding 40% returns [2]. - Despite the overall positive performance, only 10 out of 26 funds managed to outperform their benchmarks, indicating a less than 40% success rate [3]. Group 2: Investment Strategy and Challenges - Fund managers are required to balance the pursuit of excess returns with the need to stay close to benchmarks, which has raised the bar for their research and investment capabilities [5][6]. - The floating fee structure necessitates a focus on risk-adjusted excess returns and the controllability of drawdowns, shifting the emphasis from absolute returns to more nuanced performance metrics [6]. Group 3: Market Trends and Future Outlook - The AI sector has been a significant driver of returns for top-performing funds, with managers emphasizing the ongoing investment and growth in AI applications across various industries [2][4]. - Fund managers are encouraged to actively select stocks based on competitive advantages and cash flow quality, rather than merely following index weightings, to enhance their investment strategies [5][6].

Core Viewpoint - The price of silver is approaching $80 per ounce, driven by a structural deficit in the global market, plummeting inventories, and a disconnection between paper trading and physical supply, which poses significant challenges to modern industrial chains [1][3][6]. Group 1: Market Dynamics - Silver has seen a rapid price increase, surpassing gold, with concerns raised by Elon Musk regarding its implications for industrial development [3][4]. - The global silver market has been in a structural deficit for five consecutive years, with physical inventories depleting rapidly and major exchange stock levels significantly declining [6][9]. - The supply-demand gap is widening, with projected silver demand reaching 1.24 billion ounces by 2025, while supply is only expected to be 1.01 billion ounces, resulting in a shortfall of 100 to 250 million ounces [9]. Group 2: Industrial Importance - Silver is not only a precious metal for investment but also a critical raw material for solar panels, electric vehicles, electronic products, and medical devices, with industrial demand accounting for 50% to 60% of total demand [8][10]. - The rigid nature of silver mining supply, primarily as a byproduct of copper and zinc mining, along with the long lead time for new mines, exacerbates the supply constraints [9]. - The significant drop in inventory levels, with COMEX silver stocks down 70% and London vault stocks down 40% since 2020, indicates a precarious supply situation, with some regions having only 30 to 45 days of available silver inventory [9]. Group 3: Paper vs. Physical Silver - There is a severe imbalance between "paper silver" and physical silver, with an estimated ratio of 356:1, meaning each ounce of physical silver corresponds to hundreds of claims in paper trading [10]. - This disconnection heightens market vulnerability, as even a small number of buyers requesting physical delivery could risk system collapse, contributing to the recent price surge [10]. - Industrial buyers, who are less sensitive to price fluctuations due to the lack of effective substitutes, face significant challenges amid supply shortages, as highlighted by Musk's concerns about the volatility impacting critical industries [10].