XDIstue XD中国牧 十几码代 (0.2) 1898.43亿市值 2368.38亿市值 7218.12亿市值 17.75亿成交额 7.13亿成交额 8.17亿成交额 29.50 9.23 15.29 +0.07(+0.24%) +0.12(+0.79%) +0.04(+0.44%) 证券 电池 中信证券 宁德时代 国泰海通 CATL 4200.14亿市值 3464.24亿市值 12364.85亿市值 18.87亿成交额 18.55亿成交额 59.82亿成交额 28.34 19.65 271.20 +0.09(+0.32%) +0.35(+1.81%) +5.70(+2.15%) 消费电子 互联网服务 工业富联 立讯精密 东方财富 F 5383.90亿市值 2808.71亿市值 3717.11亿市值 35.27亿成交额 53.15亿成交额 61.94亿成交额 27.11 38.73 23.52 -0.39(-1.42%) -0.67(-1.70%) -0.08(-0.34%) 家电行业 食品饮料 海天味业 格力电器 kk 海尔智家 2681.95亿市值 2419.85亿市值 2265.78亿市值 10.0 ...

Core Points - Sichuan Kelun Pharmaceutical Co., Ltd. has received approval for the issuance of non-financial corporate debt financing tools, with a registered amount of RMB 4 billion for ultra-short-term financing bonds [1] - The company successfully issued its first ultra-short-term financing bond for 2025 on July 17, 2025, raising a total of RMB 800 million with a coupon rate of 1.6% [2] - The funds raised from this bond issuance will be used to repay interest-bearing debts and to supplement working capital [3] Summary by Sections Company Announcement - The board of directors approved the issuance of non-financial corporate debt financing tools on April 12, 2023, and it was subsequently approved by the shareholders' meeting on May 4, 2023 [1] - The company received a registration acceptance notice from the China Interbank Market Dealers Association on December 21, 2023, allowing the registration of ultra-short-term financing bonds [1] Bond Issuance Details - The first ultra-short-term financing bond for 2025 was issued on July 17, 2025, with a total issuance amount of RMB 800 million [2] - The bond has a maturity of 150 days, with an interest payment date set for December 14, 2025 [2] - The bond was rated AAA and was issued at a price of 100 yuan per 100 yuan face value [2] Fund Utilization - The proceeds from the bond issuance will be allocated for repaying interest-bearing liabilities and enhancing the company's liquidity [3]

Group 1: Market Overview - The FTSE China A50 Index components showed a mixed performance with most sectors in the green, while the consumer electronics and internet services sectors experienced declines [1][6]. Group 2: Sector Performance - The banking sector, represented by Everbright Bank, had a market capitalization of 255.25 billion with a trading volume of 392 million, showing a slight increase of 1.17% [3]. - In the liquor industry, Kweichow Moutai led with a market cap of 1,797.53 billion and a trading volume of 3.923 billion, increasing by 1.37% [3]. - The semiconductor sector saw Northern Huachuang with a market cap of 233.94 billion and a trading volume of 1.908 billion, rising by 1.76% [3]. - In the oil sector, Sinopec had a market cap of 703.22 billion with a trading volume of 552 million, increasing by 1.22% [3]. - The coal industry was represented by China Shenhua with a market cap of 743.88 billion and a trading volume of 709 million, rising by 0.83% [3]. - In the automotive sector, BYD had a market cap of 1,793.90 billion with a trading volume of 516 million, but saw a decrease of 0.47% [3]. - The battery sector was led by CATL with a market cap of 4,189.77 billion and a trading volume of 1.153 billion, increasing by 0.88% [4]. - The consumer electronics sector, represented by Hon Hai Precision, had a market cap of 540.97 billion with a trading volume of 2.376 billion, decreasing by 0.74% [4]. - In the home appliance sector, Gree Electric had a market cap of 267.47 billion with a trading volume of 446 million, showing a slight decrease of 0.31% [4]. - The pharmaceutical sector was led by Hengrui Medicine with a market cap of 387.15 billion and a trading volume of 2.654 billion, increasing by 2.36% [4]. - The logistics sector, represented by SF Holding, had a market cap of 240.58 billion with a trading volume of 737 million, increasing by 1.04% [4].

调研行业：化学制药 参与调研的机构：参加"创新启航王者时刻--第20届医药百家上 市公司交流会(北京站)" 、国盛证券、北京鸿道、益民基金、中 信证券资管等 吉林敖东分析师会议 调研日期：2025年07月17日 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | ...

说到机会方面，今天两个方向表现的比较强，从早盘的时候呢也远见表现的比较强，远见当中最主要的 一个是光模块，啊这个很多只原来的易中天都纷纷创新高了。第二一个呢是PCB就是印制电路板，它两 个是相辅相成的，后期在科技的这个领域当中可能还会有着什么液冷啊啊相关的一些软件啊可能还会继 续活跃，科技代表了这个未来的生产力。第二个方向呢是下午表现的军工和医药，军工装备这个板块， 朋友们看到之前是概念炒作，现在距离啊7月已经是17号了，那接下来朋友们都应该知道这个板块的业 绩表现还是比较ok的，尤其要盯住龙头，啊我一直跟大家说军工的龙头是谁啊是谁，你看这两个龙头一 个上板，一个是强热的状态，所以龙头的风向标带动了整体军工装备军工电子继续活跃。 第二一个就是这个医药生物制品，啊昨天是化学制药，今天生物制品还有医疗服务，创新药本身就是这 个月以来的主要驱动，再加上11批集采，啊又是定了一些新的啊标准，比如说1亿销售额，呀啊比如说 创新药采老不采新药，啊可以说对创新药和医药行业啊起到了一定的振奋的这个作用，所以这两个板块 呢我们今天走的比较强，那接下来还有就是房地产今天早上的时候冲高回落，但是冲高回落之后呢还有 继续走高的一个趋 ...

Group 1: Company Overview and R&D - The company’s R&D expenses for 2024 are expected to increase by 10% year-on-year, focusing on the development of raw materials and formulations, as well as process optimization and technological innovation for mature products like vitamins [1] - The company has officially started selling para-hydroxyphenol in the PEEK field and is actively promoting its products, having completed sample submissions to major domestic PEEK manufacturers, currently in various validation stages [1] Group 2: Product Registration and Market Activities - The company holds registration certificates for two products: Fumaric Acid Bisoprolol Tablets and Lacosamide Injection, with the former having commenced market promotion and industrialization in 2024 [1] - There are currently no plans for stock incentive programs or share buybacks, although the company previously repurchased shares in 2019 and conducted a restricted stock incentive plan in 2015, along with the first employee stock ownership plan launched in 2021 [2] Group 3: Inventory and Capital Expenditure - The company’s large ending inventory balance is attributed to its diverse business segments, including vitamins, flavors, raw materials, leather chemicals, and chromium salts, consisting mainly of raw materials, work-in-progress, and finished products to meet varying customer demands [2] - Future capital expenditures will primarily focus on new project construction, such as a 600-ton iodinated contrast agent raw material project, and technological upgrades to existing projects aimed at cost reduction, efficiency enhancement, and improved safety and environmental control [2] Group 4: Risk Management - The company has not engaged in hedging activities and currently sees no demand for such services [2]

历史数据显示，近三个月内招商证券深圳红岭路营业部与中泰证券广东分公司上榜后个股三日上涨概率 均达50%，而中国国际金融北京建国门外大街营业部对应概率仅为26.53%。该股近三个月累计上榜四 次，期间股价波动幅度显著。 卖方阵营中，国泰海通证券上海松江营业部以5183.87万元成为最大空头，中国国际金融北京建国门外 大街营业部以1762.16万元位列第三。开源证券西安西大街营业部及前述瑞银证券营业部分别卖出 1606.81万元、1493.27万元，五家营业部合计抛售1.31亿元。 2025年7月17日盘后数据显示，联环药业因换手率超20%登上龙虎榜。买入前五席位中，国泰海通证券 总部以4277.89万元居首，招商证券深圳红岭路营业部与瑞银证券上海浦东营业部分别以1671.87万元、 1638.24万元紧随其后。中国国际金融上海分公司及中泰证券广东分公司分别贡献1482.83万元、1395.01 万元，五家营业部合计买入金额达1.05亿元。 值得关注的是，国泰海通证券总部与瑞银证券上海浦东营业部同时现身买卖双向榜单。前者在买入 4277.89万元的同时，通过另一席位卖出3010.68万元；后者则在买入1638.2 ...

Debt Issuance - Heilongjiang Province plans to issue special bonds totaling 8.9 billion yuan, with a 10-year maturity, to fund government investment projects[3] - In the first half of 2025, Heilongjiang's total government bond issuance reached 104.1 billion yuan, ranking it at a medium level nationally[41] - In June 2025, the total bond issuance was 27.4 billion yuan, including 23.57 billion yuan in general bonds and 3.8 billion yuan in special bonds[41] Market Performance - Heilongjiang sector index increased by 2.59% from July 1 to July 11, 2025, reaching a new high for the year[21] - The top-performing stocks included Hatou Co. (+15.19%), Huadian Energy (+14.53%), and Xiangcai Co. (+13.96%) during the same period[25] - The worst-performing stock was Guangzhi Technology, which fell by 10.53%[26] Economic Indicators - The manufacturing PMI for June 2025 was reported at 49.7%, indicating a slight improvement from the previous month[27] - The consumer price index (CPI) rose by 0.1% year-on-year in June, ending a four-month decline, driven by a rebound in industrial consumer goods prices[31] - The producer price index (PPI) showed an expanded year-on-year decline of 0.3 percentage points in June, reflecting ongoing adjustments in supply and demand dynamics[32]

Group 1 - Yaxin Security plans to reduce its shareholding by up to 3%, totaling no more than 12 million shares, from August 8, 2025, to November 7, 2025 [1] - Shangwei Co. intends to issue up to 180 million shares to its controlling shareholder, raising no more than 1.144 billion yuan for digital upgrades and working capital [1][2] - Anker Innovations is exploring the possibility of overseas share issuance to enhance its global strategy and brand image, with no specific plan confirmed yet [3] Group 2 - AVIC Xi'an Aircraft Industry Group's chairman resigned due to work changes, effective immediately upon submission of the resignation [4] - Tianci Materials signed a procurement cooperation agreement to supply at least 550,000 tons of electrolyte products to Chuangneng New Energy from 2025 to 2030, enhancing market share and profitability [5][6] - Guangshentang's innovative drug GST-HG131 has been included in the list of breakthrough therapies, but this does not guarantee market approval or immediate financial impact [7][8] Group 3 - Chaozhuo Aerospace plans to reduce its shareholding by up to 3%, totaling no more than 896,000 shares, from August 7, 2025, to November 6, 2025 [9] - Taiji Group intends to repurchase shares worth between 80 million and 120 million yuan, with a maximum price of 28.03 yuan per share, to be used for cancellation [11][12] - Xibu Materials plans to invest 125 million yuan in a private placement by its subsidiary to raise 147 million yuan for working capital and loan repayment [13] Group 4 - Shantui Co. plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange [14] - *ST Huawang intends to acquire 55.5% of Niwei Power for 666 million yuan, entering the new energy hybrid vehicle sector [15] - Tailin Bio's controlling shareholder plans to reduce its shareholding by up to 1.5%, totaling no more than 1.8195 million shares, for personal funding needs [17] Group 5 - Huicheng Vacuum plans to reduce its shareholding by up to 3%, totaling no more than 3 million shares, from August 7, 2025, to November 6, 2025 [18][19] - Kesi Co.'s actual controller plans to reduce its shareholding by up to 3%, totaling no more than 14.27 million shares, for personal funding needs [20][21] - Zhongchong Co.'s controlling shareholder plans to reduce its shareholding by up to 1.5%, totaling no more than 4.56 million shares, for funding needs [22][23] Group 6 - Shanhigh Environmental plans to raise no more than 718 million yuan through a private placement to supplement working capital and repay bank loans [24][25] - Zhongrong Electric plans to invest 114 million yuan in the construction of the Sinok New Energy Technology Park, expected to be completed by the end of 2027 [26] - Kaisen New Materials' shareholder plans to transfer 4.75% of its shares, totaling 20 million shares, for personal funding needs [27] Group 7 - Xinxin Standard's controlling shareholder plans to reduce its shareholding by up to 3%, totaling no more than 6.7792 million shares, for personal funding needs [28] - Chuhuan Technology plans to invest 9.99 million yuan in a partnership focused on high-end manufacturing, including semiconductors and new materials [29] - Shankai Intelligent's stock will resume trading after a share transfer agreement with Changjiang Aerospace, which will become the controlling shareholder [30]

富时中国A50指数连续 仅有机 甲国修电 中观时代 (8:3) 1916.94亿市值 2354.44亿市值 7386.95亿市值 8.83亿成交额 9.24亿成交额 3.03亿成交额 15.20 9.32 30.19 -0.15(-0.49%) -0.19(-1.23%) -0.01(-0.11%) 电池 证券 中信证券 国泰海通 宁德时代 CATL ● 4164.57亿市值 3379.62亿市值 12101.78亿市值 7.86亿成交额 5.80亿成交额 22.11亿成交额 19.17 265.43 28.10 +1.03(+0.39%) +0.02(+0.07%) -0.08(-0.42%) 消费电子 互联网服务 工业富联 立讯精密 东方财富 Fil 5350.14亿市值 2802.18亿市值 3710.79亿市值 18.97亿成交额 32.65亿成交额 29.38亿成交额 23.48 26.94 38.64 +0.21(+0.79%) +1.59(+4.29%) +0.06(+0.26%) 家电行业 食品饮料 海天味业 格力电器 海尔智家 2245.34亿市值 2674.11亿市值 2430.17亿市值 ...