Group 1 - The core viewpoint of the news is the announcement of the third batch of "two heavy" construction projects for 2025, with a total investment of 800 billion yuan allocated to support 1,459 projects across various key sectors [2] - The "hard investment" aspect includes funding for ecological restoration in the Yangtze River basin, major transportation infrastructure along the Yangtze, new western land-sea corridors, high-standard farmland, major water conservancy projects, urban underground pipelines, and hospital ward renovations [2] - The "soft construction" aspect focuses on accelerating reforms and innovations in key areas, such as optimizing railway financing models along the Yangtze, establishing maintenance mechanisms for urban underground pipelines, and exploring new models for wind and solar energy combined with desertification control [2] Group 2 - A number of key engineering projects are being accelerated across various regions, contributing to high-quality economic and social development [3] - Significant progress is being made in transportation infrastructure, including the completion of the first sinking of the anchor caisson for the Han Nan Yangtze River Bridge, which will optimize the crossing layout of the Yangtze River [4] - The completion of the main structure of the passenger inspection building at the Heixiazi Island highway port is a part of a major national project that will enhance the efficiency of personnel and cargo customs clearance [4] - The West Yan'an High-speed Railway has completed track laying, significantly reducing travel time between Xi'an and Yan'an to about one hour [4] - The second phase expansion of Fuzhou Changle International Airport is progressing, with the new terminal and core areas expected to be completed by 2026 [4] - Water conservancy and energy infrastructure projects are also advancing, such as the completion of the first phase of the Tienzi Kou irrigation project, which will irrigate 3.715 million acres and supply water to 4.51 million people [5] - The Qinghai 330 kV Yushu second circuit project is entering the final acceptance stage, expected to enhance power supply reliability for over 400,000 residents in the pastoral areas [5]

Group 1 - In June, nearly 800 listed companies in the A-share market were investigated by institutions, reflecting a strong interest in potential investment opportunities [2][5] - The average increase in stock prices for the companies that were investigated in June was 7.95%, outperforming the Shanghai Composite Index and Shenzhen Component Index [4] - Over 2300 listed companies were investigated by institutions in the first half of the year, with a focus on sectors such as electronics, biomedicine, machinery, and computers [5][6] Group 2 - Companies like Huichuan Technology and Jun Ding Da were among those receiving significant attention, with each being investigated 12 times in June [2][3] - Huichuan Technology highlighted the positive impact of national equipment renewal plans on its business, particularly in consumer-facing industries [2] - Jun Ding Da is focusing on the medical industry, reporting a revenue increase of nearly 300 million from this sector in 2024, although it remains in the early stages of market development [3] Group 3 - Bo Shi Jie, another company investigated multiple times, emphasized the application of AI algorithms in its products, particularly in smart transportation and security [4] - The first half of the year saw 170 companies investigated more than 10 times, with 37 companies investigated over 20 times, indicating a trend towards popular sectors like robotics and AI [6] - The average stock price increase for companies investigated in the first half of the year was 18.68%, significantly higher than the overall market performance [6]

2025 年 07 月 02 日 金融工程研究团队 魏建榕（首席分析师） 证书编号：S0790519120001 张 翔（分析师） 证书编号：S0790520110001 傅开波（分析师） 证书编号：S0790520090003 高 鹏（分析师） 证书编号：S0790520090002 苏俊豪（分析师） 证书编号：S0790522020001 胡亮勇（分析师） 证书编号：S0790522030001 王志豪（分析师） 证书编号：S0790522070003 盛少成（分析师） 证书编号：S0790523060003 苏 良（分析师） 证书编号：S0790523060004 何申昊（分析师） 证书编号：S0790524070009 蒋 韬（分析师） 证书编号：S0790525070001 相关研究报告 《开源量化评论（49）-对近期北向持 续撤离，南下持续抄底的几点思考》 -2022.3.15 开源量化评论（50）-港股优选：技术 面、资金面、基本面》-2022.3.22 《开源量化评论（96）-公募港股投资 变化及港股通优选组合构建》 -2024.7.15 港股量化：南下资金累计流入达 2024 年 91%，7 ...

证券代码：872541 证券简称：铁大科技 公告编号：2025-049 上海铁大电信科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 √其他 （投资者线上交流会） 二、 投资者关系活动情况 活动时间：2025 年 7 月 1 日 活动地点：蓝宝石大厦公司会议室、线上会议 参会单位及人员：开源证券股份有限公司 中泰证券股份有限公司 兴业证券 股份有限公司 西部证券股份有限公司 万和证券股份有限公司 华鑫证券有限责 任公司 东北证券有限责任公司 红塔证券股份有限公司 景顺长城基金 万丰友 方管理有限公司 尚诚资产管理有限责任公司 天猊投资管理有限公司 临信资产 管理有限公司 九祥资产管理有限公司 汇瑾资产管理有限公司 瀚伦私募基金管 理有限公司 冰河资产管理有限公司 鹏山资产管理有限公司 咸和资产管理有限 公司 得桂私募基金投资有限公司 鸿运私募基金管理有限公司 泽恩投资控股有 限公司 点石成鑫资产管理 ...

Core Viewpoint - The article highlights the growing collaboration among Shanghai Cooperation Organization (SCO) member states in promoting sustainable transportation, with a focus on integrating green technologies and enhancing connectivity in the region [1][4]. Group 1: Sustainable Transportation Initiatives - Azerbaijan is transitioning from traditional gas buses to new energy vehicles with the support of Chinese companies, aiming to build a more environmentally friendly and intelligent transportation system [3][7]. - The transportation sector accounts for 24% of global greenhouse gas emissions, making it a significant area for implementing sustainable practices [3]. - The SCO framework presents promising opportunities for green and sustainable transportation cooperation among member states [3][4]. Group 2: Infrastructure Development and Economic Impact - The "North-South Transport Corridor" project in Armenia is being developed to enhance connectivity, with Chinese companies set to undertake key construction segments [6]. - The China-Pakistan Economic Corridor is expected to boost regional economic development, enhance cultural exchanges, and create job opportunities [6][7]. - Azerbaijan's strategic location in international transport corridors facilitates cross-border trade and enhances the efficiency of the China-Europe freight transport system [7].

Core Points - Guangzhou Metro Line 12 has officially opened its east and west sections, spanning a total of 28.8 kilometers with 18 stations, including 7 transfer stations [1][3] - The project faced significant construction challenges, including crossing the Pearl River six times and navigating complex geological conditions, which required innovative construction techniques [3][6] Group 1: Project Overview - The east section runs from Ersha Island to South University Town, while the west section connects Xunfenggang to Guangzhou Sports Center [3] - The construction was led by China Communications Construction Company (CCCC), which was involved in various tasks including civil engineering, track laying, and installation of electromechanical systems [3] Group 2: Construction Challenges - The project involved multiple engineering challenges, such as the need to cross existing metro lines and construct stations on "island" sites with complex geological conditions [3][5] - The construction of the deepest station, Chigang Station, reached a depth of 41 meters, equivalent to a 13-story building, and required innovative methods to address environmental concerns and structural integrity [6] Group 3: Innovative Techniques - CCCC implemented various innovative construction techniques, such as the use of a large-diameter shield tunneling machine and advanced geological detection methods to ensure safety and efficiency [6] - The construction team optimized construction plans and resource allocation to overcome challenges, completing certain phases ahead of schedule [5][6]

金十数据7月2日讯，意大利主要商业游说团体的负责人周三表示，如果美国对所有欧洲产品征收10%的 关税，意大利明年可能会损失200亿欧元（合236亿美元）的出口和11.8万个工作岗位。意大利工业联合 会主席Emanuele Orsini在接受采访时表示："意大利不仅出口奢侈品（需求对价格不太敏感），而且主 要出口机械、交通工具和皮革制品。"意大利总理梅洛尼最近淡化了这种关税水平对意大利公司的潜在 影响，称这不会造成特别大的伤害。但Orsini警告说，10%的关税对意大利经济来说是不可持续的。 美国关税或令意大利出口损失200亿欧元 ...

Core Viewpoint - The transportation infrastructure projects in Guangdong are making significant progress in the first half of 2025, contributing to the province's goal of reaching 12,000 kilometers of expressways by the end of the 14th Five-Year Plan [1][6]. Group 1: Transportation Projects Progress - Major transportation projects have seen new developments, including the completion of the 218-kilometer "most beautiful tourist road" in Huizhou, which connects scenic areas and enhances local tourism [2][6]. - The construction of the Zeng Tian Expressway is underway, with full surface paving expected to be completed by the end of the year, improving traffic flow in eastern Guangzhou [2][3]. - The Yuedong Intercity Railway has achieved a cumulative investment of 2.142 billion yuan, with significant milestones reached in construction, including the completion of all bridge substructures [4][6]. Group 2: Economic and Social Impact - The transportation projects are not only vital for economic development but also serve as important public welfare initiatives, enhancing the quality of life for residents [2]. - The completion of these projects is expected to reduce travel time significantly, with the Zeng Tian Expressway cutting the distance to downtown Guangzhou by nearly 30 kilometers [3]. - The successful execution of these projects is anticipated to strengthen the transportation network in the Shantou-Chaozhou-Jieyang urban agglomeration, promoting regional integration [4][6]. Group 3: Future Outlook - Guangdong plans to complete nine expressway projects this year, contributing to the overall goal of 12,000 kilometers of expressways by the end of the 14th Five-Year Plan [6]. - Four out of seven planned railway projects are already in the acceptance stage, indicating a strong pipeline for future transportation infrastructure [6].

Group 1 - The 17th International Transportation Technology and Equipment Exhibition is currently taking place in Beijing, showcasing new transportation equipment and technologies [2] - A multifunctional road detection vehicle has been introduced, equipped with ground-penetrating radar that can detect roadbed conditions up to 5 meters underground, aiding in the identification of hidden issues [3] - The vehicle also features a 3D camera system that allows for rapid road condition detection at normal traffic speeds, with images displayed on an onboard monitoring screen [5] Group 2 - The exhibition highlights the application of green low-carbon technologies in transportation, including the production of sustainable fuels such as green hydrogen, green ammonia, green methanol, and green aviation fuel [7] - A flying car is set to enter the market in 2026, with intention orders exceeding 1,000 units [10] - Several exhibitors presented advanced unmanned transportation equipment, including a drone car that features over 90% carbon fiber in its structure, significantly reducing weight and enhancing flight efficiency and endurance [11] Group 3 - The Ministry of Transport has reported significant technological innovations in China's transportation sector, with a focus on the widespread application of smart green technologies [12] - Recent advancements in transportation infrastructure and equipment manufacturing have been notable, with major projects like the Hong Kong-Zhuhai-Macao Bridge and the Fuxing high-speed trains demonstrating improved manufacturing capabilities [17] - New business models and practices are flourishing in areas such as intelligent connected vehicles, autonomous driving, smart ports, and intelligent shipping, with automated terminals leading the world in scale [19] Group 4 - The Deputy Minister of Transport emphasized the need for increased investment in transportation technology innovation, aiming to implement the "Artificial Intelligence + Transportation" initiative to overcome key technological challenges [20] - The ministry advocates for an open, cooperative, and win-win approach to global transportation governance, encouraging collaboration with other countries in the field of smart transportation to address global challenges [20]

Group 1: Elderly and Child Care - A total of 7 national standards were released for home-based elderly meal services, rehabilitation aids in elderly care institutions, and convenient services on medical insurance platforms, addressing the needs of elderly care and medical security [2] - 9 national standards were introduced to enhance product packaging safety, particularly for children, including requirements to prevent children from opening packaging [2] - 4 national standards were established to improve the aging-friendly features of products and enhance anti-counterfeiting technology [2] Group 2: Daily Life - 2 national standards were published for oral hygiene products, focusing on calcium silicate and toothpaste abrasion testing methods to protect public oral health [3] - 3 financial service national standards were introduced, including a unique product identification code and descriptions of banking services, supporting financial security and high-level financial openness [3] - 2 national standards were released for emergency management and urban power service continuity guidelines, enhancing emergency response capabilities and promoting resilient city construction [3] Group 3: Emerging Industries - 7 national standards were published in areas such as artificial intelligence, information technology, and the Internet of Things, providing technical support for digital service capabilities [4] - 5 national standards were established for data centers and cybersecurity technologies, facilitating deeper interconnectivity in the digital economy [4] - 2 national standards were introduced for electric earth-moving machinery safety and battery swap systems, aiding the green transformation of traditional industries [4] Group 4: Transportation and Energy - 12 national standards were released for waterway passenger transport services, road traffic signs, fuel consumption evaluation methods for passenger cars, and automotive maintenance, providing technical support for transportation safety [5] - 14 national standards were published for ship soft ladders, propellers, and buoyancy materials for submersibles, enhancing quality and efficiency in the shipbuilding industry [5] - 2 national standards for ethanol gasoline and its blending components were introduced, ensuring the stability of fuel quality [5]