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审核节奏放缓,申购热度延续:定增市场双周报2025.09.14-2025.09.28-20250929
Shenwan Hongyuan Securities· 2025-09-29 11:12
Group 1: Market Dynamics - As of September 28, 2025, there were 17 new private placement projects added, a 1 project increase from the previous period, with 10 projects terminated, marking a 4 project increase[4] - The approval rate for projects remains at 100%, with 3 projects approved by the review committee, a decrease of 8 projects from the previous period[17] - There are currently 628 projects in the normal review stage, with 65 projects having received approval, a decrease of 8 projects[7] Group 2: Fundraising and Pricing - In the last two weeks, 5 competitive projects raised a total of 6.9 billion yuan, a decrease of 38.84% from the previous period, with a 100% fundraising success rate[31] - The average benchmark discount rate for these projects was 11.16%, down by 2.10 percentage points[32] - The average premium rate for bids was 10.04%, reflecting a 1.58 percentage point increase[42] Group 3: Performance of Released Projects - Among the 6 competitive projects released, 83.33% had positive returns, with an average absolute return of 47.36% and an excess return of 34.54%[46] - The average market discount rate for these projects was 10.77%, down by 4.65 percentage points[46] - For the 4 pricing projects released, the average absolute return was 406.53%, a significant increase of 353.82 percentage points[51] Group 4: Risk Factors - Risks include slower-than-expected review progress, fluctuations in secondary market stock prices, and changes in the competitive bidding environment for private placements[54]
东营联通:以央企担当 筑牢数字东营安全之基
Qi Lu Wan Bao Wang· 2025-09-28 14:23
近年来,东营联通积极融入国家网络安全工作大局,将履行网络安全国家队使命与服务地方数字化发展紧密结合,积累了丰富的实战经验。截至目前,已 成功为全市50余家关键单位提供网络安全等级保护测评等服务,帮助各单位精准识别系统与国家安全标准间的差距,并针对"安全体检结果",为测评单位 提供整改建议与方案,完善数据加密机制,有效防范数据泄露、勒索软件、网页篡改等安全风险,切实提升区域整体防护能力,赢得了客户的信任和好 评,进一步夯实了"安全可信"的央企品牌形象。 网络安全需久久为功。东营联通将持续深化政企协同,常态化开展安全知识普及,强化技术能力,完善监测预警体系,为东营市数字经济高质量发展构筑 坚实可靠的安全防线。(大众新闻记者王明华通讯员刘晓彬) 9月17日,在东营市国家网络安全宣传周电信日主题活动中,东营联通作为唯一受邀的通信运营商,以实际行动展现央企责任,为数字东营筑牢安全防 线。 在活动现场,中国联通(600050)网络安全专家为市国资委下属五大集团的51家二级单位开展"网络和数据安全意识培训"。培训聚焦国家最新法规政策解 读,强化底线思维;分析主流网络安全风险模型,结合典型案例剖析主流安全风险与防范策略,提升 ...
智联盛会 云筑未来——济南联通护航第四届高层次人才招引大会
Qi Lu Wan Bao· 2025-09-28 08:33
Group 1 - The conference, themed "Gathering Global Talents in the Land of Springs," aims to accelerate the talent aggregation platform in Jinan and implement a talent-driven strategy to enhance technological innovation and industrial upgrading [1][5] - Over 2,100 quality employers from key industries such as intelligent manufacturing, new-generation information technology, biomedicine, new energy, and digital economy participated, attracting more than 50,000 high-level talents from both domestic and international backgrounds [1] - Jinan Unicom has deployed comprehensive communication support measures to ensure seamless network connectivity during the event, including real-time monitoring and optimization of network performance [1][3] Group 2 - The event serves as an important platform for talent recruitment and showcases the city's digital and intelligent service capabilities [5] - Jinan Unicom emphasizes its role as a national team in information infrastructure, providing high-quality communication services to empower talent development and urban upgrading [5]
新疆:满足林区草原多样化用网需求
Ren Min Ri Bao· 2025-09-28 05:53
Core Viewpoint - The integration of advanced communication technologies, particularly "Beidou + base station positioning," is enhancing the digitalization of livestock management and environmental monitoring in Xinjiang, China, leading to improved efficiency and data accessibility in pastoral and forestry areas [1][4]. Group 1: Technological Advancements - The use of smart collars for camels allows for real-time tracking and health monitoring, significantly reducing losses from animals going missing [1]. - The establishment of solar-powered base stations has improved mobile communication coverage along key migration routes for herders [1]. - The implementation of IoT technology enables real-time monitoring of wildlife health and fire hazards, facilitating better research and conservation efforts [1]. Group 2: Government Initiatives - The Ministry of Industry and Information Technology and the National Forestry and Grassland Administration have issued a notice aiming for 90% 4G/5G network coverage in forest stations by the end of 2027 [2]. - The initiative includes enhancing network coverage in populated areas and critical fire lookout points, as well as ensuring broadband access in national nature reserves [2]. Group 3: Deployment Tasks - The notice outlines four key tasks: improving network coverage in important locations, enhancing network construction in key areas, optimizing the construction environment, and elevating network maintenance and usage standards [3]. - Specific measures include expediting the approval process for communication infrastructure in forest areas and providing support for fire prevention and wildlife monitoring systems [3][4]. Group 4: Infrastructure Support - The government plans to address challenges in building communication infrastructure in forest and grassland areas by ensuring resource availability and optimizing land use approvals [4]. - There will be initiatives to open up forest and grassland resources for communication infrastructure projects, supporting the development of monitoring and detection systems for ecological protection [4].
吉林联通完成沈白高铁网络规模覆盖
Xin Hua Wang· 2025-09-28 05:00
Core Points - The Shenyang-Baihe High-Speed Railway (沈白高铁) is set to enhance regional tourism and connectivity in Jilin province, allowing travelers to experience multiple attractions in one day [1][2] - Jilin Unicom has implemented extensive 5G network coverage along the railway to ensure seamless communication for passengers, overcoming challenges posed by the complex terrain [1][2] - The company has developed innovative solutions for signal coverage in tunnels and curves, ensuring uninterrupted service even at high speeds of 350 km/h [1][2] Group 1 - The Shenyang-Baihe High-Speed Railway will officially commence operations on September 28, connecting key tourist destinations and promoting regional tourism development [1] - Jilin Unicom has completed the construction of 334 base stations and conducted optimization testing over 256.36 kilometers, ensuring stable 5G network performance during high-speed train operations [2] - The company has established a 24-hour monitoring mechanism and rapid response team to maintain communication services during peak travel periods, such as the upcoming Mid-Autumn and National Day holidays [2] Group 2 - Jilin Unicom's 5G network supports high-demand applications like HD video streaming and online interactions, enhancing the travel experience for passengers [2] - The company has collaborated with construction units to integrate communication infrastructure into the design of high-speed railway stations, ensuring comprehensive 5G coverage in waiting areas and platforms [2] - The launch of the Shenyang-Baihe High-Speed Railway is expected to create new development opportunities for the eastern region of Jilin, contributing to economic growth and digital transformation [2][3]
省国资委组织国企青年干部赴央企跟岗学习锻炼
Liao Ning Ri Bao· 2025-09-28 01:30
Group 1 - The core viewpoint of the article emphasizes the collaboration between local and central enterprises in enhancing digital capabilities and cultivating technology talent through on-the-job training programs [1] - The provincial state-owned assets supervision and administration commission has initiated a new model of cooperation in the digital field, aiming to improve the technological and informational capabilities of state-owned enterprises in the province [1] - The first batch of trainees, consisting of 11 outstanding young technology talents from provincial and municipal enterprises, has successfully completed their training at three central enterprises, including China Unicom, China Mobile, and China National Petroleum Kunlun Digital [1] Group 2 - The initiative is part of a broader strategy to establish the province as a source of original technology and to deepen cooperation between central and local enterprises [1] - Following the successful completion of the first batch, a second batch of 7 trainees has been organized to continue the learning and training process [1] - The training not only fosters the development of composite talents needed for digital transformation but also helps related enterprises clarify their digital transformation directions and practical approaches [1]
两部门推进“宽带林草”建设,深化人口聚居区网络覆盖 满足林区草原多样化用网需求(政策速递)
Ren Min Ri Bao· 2025-09-27 21:51
Core Viewpoint - The integration of advanced communication technologies, particularly "Beidou + base station positioning," is enhancing the digitalization of pastoral and forestry areas in Xinjiang, improving livestock management and environmental monitoring [1][4]. Group 1: Technological Advancements - The use of smart collars for camels allows for real-time tracking and health monitoring, significantly reducing losses from animals going missing [1]. - The establishment of solar-powered base stations has improved mobile communication coverage along key migration routes for herders [1]. - The implementation of 4G and 5G networks is being prioritized in forest and grassland areas to support various applications, including fire monitoring and wildlife research [1][2]. Group 2: Government Initiatives - The Ministry of Industry and Information Technology and the National Forestry and Grassland Administration have issued a notice aiming for 90% coverage of 4G/5G networks in forest stations by the end of 2027 [2]. - Key areas such as population centers and fire lookout towers are targeted for enhanced network coverage, with a focus on critical natural protection zones [2][3]. Group 3: Deployment Tasks - The notice outlines four main tasks: enhancing network coverage in important locations, strengthening network construction in key areas, optimizing the construction environment, and improving network maintenance and usage [3]. - Specific measures include expediting the approval process for communication infrastructure in forest areas and providing support for fire prevention and wildlife protection systems [4].
国务院国资委:国资央企要更好助力稳市场
Zheng Quan Ri Bao· 2025-09-26 16:14
Group 1 - The State-owned Assets Supervision and Administration Commission (SASAC) is focusing on stabilizing electricity and coal prices, preventing "involution-style" vicious competition, and enhancing the foundation for high-quality development of state-owned enterprises [1] - Central enterprises have shown resilience in facing various risks and challenges this year, with steady improvement in value creation and operational efficiency [1] - SASAC will optimize the regular communication mechanism for economic operations of state-owned enterprises and actively coordinate to address practical issues raised by enterprises [1] Group 2 - Zhang Yuzhuo emphasized the need for state-owned enterprises to align their thoughts and actions with the central government's economic judgments and decisions, maintaining strategic focus [2] - Enterprises are encouraged to enhance operational efficiency by optimizing investment structures and focusing on key areas such as industrial chain strengthening, infrastructure construction, and energy resource security [2] - There is a strong emphasis on resisting "involution-style" competition and promoting differentiated development and brand competition to foster a healthy and sustainable industry ecosystem [2]
聚势共赢·智链未来 | 中国移动亮相北斗规模应用国际峰会
Huan Qiu Wang· 2025-09-26 07:36
Core Insights - The Fourth International Summit on Beidou Scale Application was held in Zhuzhou, Hunan, attracting hundreds of domestic and international companies [1] - China Mobile showcased its 5G + Beidou product achievements under the theme "Gathering Strength for Win-Win and Smart Chain Future" [1][3] - The summit included the successful launch of the Beidou Time and Space Sub-chain Application Promotion Conference, featuring notable speakers from various sectors [3][6] Group 1: Event Overview - The summit took place on September 24-25, 2025, at the Zhuzhou International Convention and Exhibition Center [1] - China Mobile presented a series of products that integrate 5G, AI, and Beidou technologies, focusing on high-precision positioning capabilities [3] - The event highlighted the establishment of a "Ten-Hundred-Thousand" application matrix and a "Ten-Hundred-Billion" industrial tier for the Beidou Time and Space Sub-chain [3] Group 2: Key Developments - The Beidou Time and Space Sub-chain application promotion conference featured speeches from prominent figures, including Chinese Academy of Engineering Academician Liu Jingnan [3][6] - China Mobile announced the construction achievements of three major carriers: "Co-chain," "Strong Chain," and "Smart Chain" [6] - The conference aimed to foster collaboration in the Beidou application promotion and to outline a blueprint for the integration of spatial information and artificial intelligence [11]
瑞银对中资股保持乐观立场,列出首选股名单
Ge Long Hui· 2025-09-26 07:07
Core Viewpoint - UBS maintains an optimistic stance on Chinese stocks, particularly favoring A-shares due to their relative valuation attractiveness, which is at a 30% discount compared to the MSCI World Index and aligns with historical averages [1] Industry Preferences - UBS is bullish on the AI theme, A-share brokerage firms, and high-dividend stocks [1] - The firm selectively supports the "anti-involution" theme, showing preference for sectors such as solar energy, chemicals, and lithium batteries [1] Preferred Stocks - UBS has listed its top picks for Chinese stocks, including A-shares such as Huatai Securities, Northern Huachuang, Yutong Bus, Kingsoft Office, Yangtze Power, and Small Commodity City, all rated as "Buy" [1] - For H-shares, the preferred stocks include China Mobile, Tencent, CRRC, and BYD, also rated as "Buy" [1] - ADRs highlighted by UBS include NetEase, Alibaba, and Global Data, all receiving a "Buy" rating [1]