Core Insights - The rise of stablecoins represents a significant challenge to the existing monetary system and highlights the need for the issuance of RMB-pegged stablecoins, particularly in regions like the Shanghai Free Trade Zone and the Greater Bay Area [1][3] - Stablecoins have seen a dramatic increase in transaction volume, reaching $27.6 trillion in 2024, surpassing traditional payment giants like Visa and MasterCard [1] - The market for mainstream stablecoins is projected to reach $262.5 billion by June 2025, a 40-fold increase since 2020, indicating a growing challenge to the current financial system [2] Development Status and Academic Research - Stablecoins are defined as cryptocurrencies that are pegged to specific assets, typically fiat currencies, serving as a bridge between decentralized finance (DeFi) and traditional financial systems [6] - There are three types of stablecoins based on collateral: fiat-collateralized, crypto-collateralized, and algorithmic stablecoins [7] - Stablecoins can also be categorized by their yield models into interest-bearing and non-interest-bearing types, with non-interest-bearing stablecoins dominating the market [8] Challenges and Opportunities - The development of stablecoins poses challenges to monetary sovereignty, potentially undermining national economic control and financial stability [2] - Stablecoins are becoming a crucial infrastructure for connecting decentralized finance systems with traditional finance, especially in the context of accelerated digital transformation [2][4] - The internationalization of the RMB requires the establishment of a digital framework and active participation in global stablecoin rule-making to enhance its competitiveness [3][4]

每日市场观察 2025 年 7 月 4 日 【今日关注】 上午开盘后，中证全指震荡走弱；十一点后指数转升，最终收涨 0.60%。 成交量较前一交易日略有收缩，但仍处于六月以来的较高水平。两市 上涨家数超 3000 家，呈现出较为明显的普涨局面。本周进入半年报时 间窗口，中证全指走出震荡上行趋势，一定程度能够体现市场持续乐 观的投资情绪。 军工概念股有部分出现回调，但领涨龙头依然表现强势。由于阅兵日 期在九月，距今尚有两月的时间，因此军工概念短期内不大可能立刻 降温。消费电子今日涨幅领先，大概率与美国解除禁令的消息有关。 短期内，国产芯片可能会受到冲击，但长期来看，国产替代仍然是降 低风险的主要选择。 军工的热度有望延续，短线投资者可适当参与。解禁消息短期看是利 好，长期则需观察市场博弈情况。"十五五"计划会重点关注哪些领 域，市场现在已经开始探索。在正式文件发布之前，热门板块均有博 弈机会。 【市场回顾】 市场概况：7 月 3 日，市场全天震荡反弹，创业板指领涨。截至收盘， 沪指涨 0.18%，深成指涨 1.17%，创业板指涨 1.9%。 【消息面】 1.国家数据局局长刘烈宏：深化数据资源流通利用和数据要素市 ...

Group 1 - The Digital Economy International Cooperation Forum was held in Beijing as part of the 2025 Global Digital Economy Conference, focusing on international collaboration and innovation in the digital economy [1] - The forum aimed to explore opportunities for digital economy enterprises to expand internationally, discussing topics such as digital transformation in emerging markets and sustainable development [1][2] - A project document was signed by representatives from UNDP, the Ministry of Commerce, and local government, aiming to establish Beijing as a global digital economy innovation hub [2] Group 2 - The Daxing District, as the project location, is positioned as a world-class aviation hub with a favorable business environment, facilitating the implementation of the digital economy project [2] - A comprehensive service platform for the Belt and Road Initiative was launched, focusing on supporting digital enterprises in their international expansion [2] - The Beijing Outbound Base signed agreements with 16 leading companies, with a total contract value exceeding 10 billion, to foster international competitiveness in the digital economy [3]

Market Overview - A-shares experienced a narrow fluctuation in the morning session on July 4, with a strong performance driven by the banking sector, leading to all three major indices turning positive [2][4] - The Shanghai Composite Index rose by 0.41%, the Shenzhen Component Index increased by 0.05%, and the ChiNext Index gained 0.18% [4] - The FTSE A50 Index futures also saw an increase of nearly 1% during the session [4] Sector Performance - The banking sector led the market with a near 2% increase, with stocks like Shanghai Pudong Development Bank and Industrial Bank reaching historical highs [5] - Other sectors performing well included internet, public transportation, water services, software services, and insurance, while daily chemicals, mineral products, non-ferrous metals, and shipbuilding sectors faced declines [6] Concept Stocks - The digital currency concept saw significant gains, with stocks such as Jin Yi Culture, De Sheng Technology, and Jing Bei Fang hitting the daily limit [7] - The brain-computer interface concept also surged, with Bei Yi Kang rising over 17%, alongside other stocks like Ai Peng Medical and Innovation Medical [8] Regulatory Developments - On July 3, the National Medical Products Administration announced measures to optimize the lifecycle supervision of high-end medical device innovation, including special reviews for domestic and international leading innovations [10] - The announcement emphasized the need for improved communication between applicants and review experts, and support for high-quality development action plans related to high-end medical devices [10][11] Company-Specific News - In the Hong Kong market, Da Yang Group experienced a dramatic rise of nearly 75% after announcing a subscription agreement for 28.66 million shares at HKD 1.20 per share, representing approximately 19.99% of the existing shares [13][16] - Multi-Point Intelligence saw a rise of over 25% after announcing plans to apply for a stablecoin license and purchasing Bitcoin, responding to the Hong Kong government's push for Web3 industry development [17]

编号：2025-002 证券代码：300624 证券简称：万兴科技 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活 | □媒体采访 □业绩说明会 | | 动类别 | □新闻发布会 □路演活动 | | | 现场参观 | | | □其他 （请文字说明其他活动内容） | | 参与单位名称 | 深圳市证券业协会-郭彦城；东方财富证券-康卫荣；跨越基金-梁纯杰；瀚 | | | 鑫基金-黄尚才；安卓投资-谭煜；坚石资产-刘靖；熙宁投资-邓绍伟；亚 | | | 太汇金基金-滕涛；云众创融投资-李德生；证金投资-李强；沐德资产-梁 | | 及人员姓名 | 文玉；亿方富投资-陈健富；蓝海基金-张俊；恒泰永城基金-林秋杏；抱石 | | | 投资-苏建鸿；优美利投资-何芳；民沣资产-黄海山；纵帆私募-王兆江； | | | 前海骏捷-孔庆华、徐灵娥；个人投资者-张家忠、李红鸣、汤恒亮、赵晓 | | | 乐、黄勤、郭志军、杨军、谭洲田、朱朝晖等 39 名投资者（排名不分先后） | | 时间 | 2025 年 7 月 3 日下午 15:00 | | 地点 | 深圳市南山区软件产业基地 5 栋 D ...

湾区潮涌，风起旗峰。在粤港澳大湾区建设纵深推进当下，作为改革开放的前沿阵地，东莞正以"科技 创新+先进制造"为引擎，重塑全球产业链坐标。 南方都市报东莞新闻部重磅推出政经观察栏目——《旗峰观察》，将聚焦政策动向、区域产业布局与资 本流动，解构东莞的"发展密码"，为这座"双万之城"的高质量发展书写时代注脚。 在7月3日举行的2025年（东莞）低空经济应用场景发布会上，东莞的南城、松山湖、水乡经济区+洪 梅、谢岗四大区域，分别以——"低空+物流配送""低空+文旅应用""低空+跨城运输""低空+产业制 造""低空+高空作业"五大场景集体亮相。 从物流枢纽到科创文旅，从跨域通联到制造升级，东莞低空经济"四大区域支点"雏形已经出现。 东莞这一波"先手棋"，释放出强烈信号：东莞的低空经济已不是"未来时"，而是"进行时" 。 低空经济的应用，关键在于与区域优势的深度融合。东莞提出，将加快制定出台低空经济扶持政策，积 极谋划场景、建设场景、应用场景，推动未来一年内打造不少于100个具有示范意义的应用场景。 此次场景发布，正是东莞立足各镇街优势的精准落子。 南城作为中心城区，是东莞软件信息产业聚集区，数字经济产业发展迅速。而数 ...

Group 1: Core Insights - Beijing's "Two Zones" initiative has achieved multiple national and city-level innovations over the past five years, enhancing the business environment and driving high-quality development [1][2][3][4][6][7] Group 2: Haidian District Developments - Haidian District has implemented a "technology innovation + service industry openness" strategy, resulting in 98 institutional innovation cases, with 4 cases replicated nationwide and 9 cases replicated citywide [2] - The district has registered 9,776 new enterprises, with 9,574 being domestic and 202 foreign, and has maintained the highest actual foreign investment in the city at $1.766 billion in 2024 [2] Group 3: Chaoyang District Initiatives - Chaoyang District has focused on digital economy reforms, establishing the first data asset registration center in the country and a data trading platform that allows for controlled and measurable data usage [3] - The district has created a high-precision digital twin platform and expanded its international investment network through global招商联络站 [3] Group 4: Tongzhou District Focus - Tongzhou District has emphasized "green trade," developing green financial innovations and establishing a comprehensive service environment to support business operations [4] - The district has seen a 10.4% annual growth rate in newly established foreign enterprises and a 27.0% annual growth rate in actual foreign investment, totaling $3.12 million [4] Group 5: Daxing District Achievements - Daxing District has introduced over 7,800 market entities with a registered capital exceeding 130 billion, achieving total revenue of approximately 150 billion [6] - The district has established various industrial carriers, including a biomedicine incubator, and is set to complete two major projects within the year [6] Group 6: Shunyi District Progress - Shunyi District has implemented over 200 key tasks related to the "Two Zones" initiative, creating 16 breakthrough policies and innovative models [7] - The district has ranked first in the city for the number of "Two Zones" projects, with a 60% increase in the number of large-scale enterprises and a 50% increase in actual foreign investment and foreign trade [7]

Core Viewpoint - Newland is actively repurchasing shares and has shown strong financial performance, indicating confidence in its future prospects and commitment to returning value to shareholders [1][2][5]. Share Repurchase and Market Confidence - As of June 30, Newland has repurchased 7.5274 million shares, accounting for 0.73% of its total share capital, with a total expenditure of 188 million yuan [1][2]. - The company announced a new share repurchase plan with a total fund of no less than 350 million yuan and no more than 700 million yuan, to be executed within 12 months from the approval date [2][3]. - Newland's stock price has shown a strong upward trend, closing at 31.73 yuan per share on July 3, reflecting a year-to-date increase of approximately 60% [2]. Financial Performance - In 2024, Newland achieved total revenue of 7.745 billion yuan and a net profit attributable to shareholders of 1.01 billion yuan [5]. - For Q1 2025, the company reported revenue of 1.896 billion yuan, a year-on-year increase of 8.92%, and a net profit of 311 million yuan, up 25.16%, marking a historical high for a single quarter [5][6]. - The gross margin for Q1 2025 reached 38.95%, the highest in nearly nine years for the same period [6]. Business Strategy and Global Expansion - Newland is focusing on global expansion, particularly in the smart terminal sector, with seven global Industry 4.0 manufacturing bases and a robust supply chain management system [7]. - The company is also enhancing its AI capabilities to support the digital transformation of small and medium-sized enterprises, aiming to become a leading provider of offline digital business services globally [7][8]. - Newland has established NovaPay US Inc. to facilitate cross-border payment services, having obtained the MSB license from the U.S. Treasury Department's FinCEN [8]. Research and Development - Newland has consistently invested over 600 million yuan annually in R&D from 2019 to 2024, with 2024's investment amounting to 664 million yuan, representing 8.58% of total revenue [9].

"实现能源转型不仅是技术问题，更是政策、资金和区域协同的系统工程。东盟迫切需要更多外部支 持，尤其是像中国这样在能源转型实践中取得巨大成就的国家，能够在政策制定、产业协同、技术支持 以及金融服务等多个层面提供全方位的帮助。"达伍德说。 当前，许多中国企业正在东盟布局清洁能源、新能源交通及数字化基础设施等方面的业务，并通过与东 盟本地制造业深度对接，不断拓展在下游产业链的布局。 "中国企业在东盟地区的业务本地化进程正在加速。这不仅推动了东盟国家的能源结构调整，也为当地 创造了大量就业机会，促进了产业升级。中国企业的这种投资模式，不仅是单纯的资本输入，更带来了 技术转移、产业升级和能力建设，极大提升了东盟国家自主可持续发展的能力。"达伍德说。 近年来，中国与东盟的能源合作不断深化，相关领域交往日益密切。一个由东盟及各成员国的能源政策 负责人组成的代表团日前到访中国。期间，代表团参加了东盟低碳能源投资路径研讨会，并赴一些研究 机构、大学及企业进行参观。 作为代表团的主要负责人之一，东盟能源中心执行董事阿卜杜勒·拉齐布·达伍德对此次中国之行倍感兴 奋，也对中国与东盟的能源合作前景充满期待。7月1日，他在北京接受了经济 ...

证券代码：600850 证券简称：电科数字 公告编号：临2025-038 近日，中电科数字技术股份有限公司（以下简称"公司"）子公司收到政府补助合计29,400,000.00元，补 助类型为与收益相关，占2024年公司归母净利润的比例为5.34%。 （二）补助具体情况 中电科数字技术股份有限公司 关于收到政府补助的公告 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： ● 获得补助金额：29,400,000.00元 ● 对当期损益的影响：根据《企业会计准则第16号-政府补助》的相关规定，上述政府补助与收益相 关，29,400,000.00元将计入当期损益，对公司2025年度损益产生一定影响，具体会计处理和最终对公司 损益的影响以会计师年度审计确认后的结果为准。 一、获得补助的基本情况 （一）获得补助概况 单位：元 ■ 二、补助的类型及对上市公司的影响 根据《企业会计准则第16号-政府补助》的相关规定，上述政府补助与收益相关，29,400,000.00元将计 入当期损益，对公司2025年度损益产生一定影响，具体会计 ...