Core Insights - The report titled "2025 China Precious Metal Materials Industry Special Research and In-Depth Analysis Report" provides a comprehensive analysis of the precious metal materials industry, including policy planning, market demand, competitive landscape, and investment opportunities [1] Industry Overview - The precious metal materials industry is defined by specific concepts, product characteristics, classifications, and application fields [4] - The industry exhibits cyclical and seasonal characteristics, with various operational models and a well-defined upstream and downstream supply chain [4] - The historical development of the industry and its technological advancements are also discussed [4] Policy and Planning Analysis - The report outlines major policies and standards governing the precious metal materials industry, including top-level planning and local government policies [4] - Specific support policies and incentives, such as financial funding and tax reductions for product and technology innovation, are highlighted [4] - The "14th Five-Year Plan" for the precious metal materials industry is projected, indicating future directions and expectations [4] Market Demand and Operating Conditions - The report analyzes the overall supply and demand situation in the precious metal materials industry, including production capacity, consumption scale, and price trends [4] - Import and export conditions of the industry are also examined, providing insights into the trade dynamics [4] Competitive Landscape - The competitive landscape of the precious metal materials industry is analyzed, focusing on major market players, their operational status, and strategic positioning [6][9] - The report discusses the mergers and acquisitions within the industry, highlighting financing and key case studies [9] Future Trends and Investment Opportunities - Future trends in the precious metal materials industry are projected, including policy changes, product development, and technological advancements [11] - Investment opportunities are identified in specific product segments and regions, emphasizing potential growth areas [11]

Core Insights - Mianyang is developing a "587" industrial system, focusing on five provincial strong chain industries, eight collaborative development chains, and seven city-specific new industry tracks [3] - The recent West China Expo resulted in 189.93 billion yuan in investments and 21 signed projects, with over 70% targeting key links in the industrial chain [3] - Mianyang's commercial aerospace industry is advancing, with the successful launch of the Zhuque-2 rocket carrying six Mianyang satellites, marking a new phase in the sector [4][5] Industrial Development - Mianyang has established a complete commercial aerospace industry chain, including rocket development, satellite manufacturing, and data application, with 76 related enterprises now present [5] - The JD-2 reusable rocket engine has undergone 200 seconds of hot testing, showcasing Mianyang's technological capabilities in aerospace [4] - The integration of innovation and industrial chains is evident, with companies like Sichuan Liuhe Special Metal Materials Co., Ltd. leading collaborative efforts among over 30 supporting enterprises [6] Policy and Support - Mianyang is promoting industrial chain integration through the release of new technologies and products, with 14 new technologies and 26 new products announced [7] - Local governments are implementing policies to support low-altitude economy development, offering up to 10 million yuan in subsidies for individual projects [7] - Collaborative efforts between enterprises and academic institutions are encouraged, exemplified by the partnership between Xinwei Rubber and Southwest Petroleum University [7] Innovation and Application - Mianyang is enhancing consumer experiences through innovative application scenarios, such as the technology-themed educational tours attracting nearly 4,000 students this year [8] - The city is leveraging its resources to promote artificial intelligence and robotics, with initiatives to integrate these technologies into urban management [8] - A regional "air corridor" is being developed, with stable flight routes connecting Mianyang to nearby cities, achieving a passenger load factor of 86.1% during the recent holiday [8]

证券代码：601727 证券简称：上海电气 编号：临 2025-034 | 资产总额 | 24,598.16 | 28,559.90 | | --- | --- | --- | | 净资产 | 7,239.32 | 7,366.44 | 司"）董事会五届一百零三次会议审议通过《关于宁波海锋环保有限 公司综合处理项目投资终止并公开挂牌转让综合处理项目土地使用 权及在建工程的议案》；2025 年 3 月 13 日，公司董事会五届一百零 七次会议审议通过《关于宁波海锋环保有限公司综合处理项目土地使 用权及在建工程降价再挂牌转让的议案》。前述会议同意公司全资子 公司上海电气投资有限公司下属全资子公司宁波海锋环保有限公司 （以下简称"宁波海锋"）通过上海联合产权交易所（以下简称"联 交所"）公开挂牌转让所属位于余姚市小曹娥镇滨海新城兴业路北侧、 曹一北路西侧的一宗国有土地使用权及相关在建工程（以下简称"标 的资产"）。关于上述转让事项的具体情况，详见公司于 2024 年 11 月 27 日、2025 年 1 月 17 日、2025 年 3 月 14 日和 2025 年 3 月 25 日 在上海证券交易所网站（www.s ...

推动人才、科 技、服务下 沉，"百校联百 县"点燃智力引 擎_南方+_南方 plus 编者按： 三年夯基垒 台，"百县千镇 万村高质量发展 工程"听取拔节 之声。在"施工 图"变"实景 图"的过程中， 各方力量汇聚成 势，澎湃于南粤 大地。省市县三 级联动，帮扶协 作组团上新，将 资源活水精准滴 灌；百校结对百 县，点燃智力引 擎，厚植基层人 才成长沃土；企 业携手镇村，央 地双向奔赴，共 绘山乡巨变生动 画卷；共青团、 妇联等群团组织 跃动阡陌，织密 基层共治纽 带……多元社会 力量交织，广东 县镇村高质量发 展的"协奏曲"越 奏越响。为展示 社会力量共 建"百千万工 程"的生动实 践，南方农村报 策划推出"聚 力'百千万' 三年 见实效"系列报 道，敬请关注。 在江门鹤山华南 理工大学与华鳌 合金共建的"先 进金属材料联合 实验室"内，高 端合金材料直接 完成从"实验 室"到"市场"的 转变；河源紫金 县的茶园里，华 南农业大学开展 紫金蝉茶提质增 效新技术研究， 让紫金蝉茶实现 从"绿叶子"摇身 一变为综合年产 值超20亿元 的"金叶子"…… 自2023年广东启 动百校联百县助 力"百县千镇万 村高质量 ...

Core Viewpoint - The company, Shanxi Huayang New Materials Co., Ltd., plans to provide guarantees for its wholly-owned subsidiary, Taiyuan Huashengfeng Precious Metals Materials Co., Ltd., to secure financing from banks for operational needs [1][5]. Summary by Sections Guarantee Overview - The subsidiary intends to apply for a working capital loan of 50 million yuan from China Bank and a comprehensive credit facility of 70 million yuan from Industrial Bank [1][2]. - The total guarantee amount is 70 million yuan, with no counter-guarantee required [1][2]. - As of the announcement date, the company has not incurred any overdue guarantees [1][5]. Subsidiary Information - Taiyuan Huashengfeng Precious Metals Materials Co., Ltd. has a registered capital of 100 million yuan and is fully owned by the company [3]. - As of December 31, 2024, the subsidiary reported total assets of 288.19 million yuan, total liabilities of 207.94 million yuan, and a net asset value of 80.26 million yuan, with a debt-to-asset ratio of 72.15% [4]. - For the first quarter of 2025, the subsidiary's total assets increased to 338.45 million yuan, with total liabilities of 258.97 million yuan and a debt-to-asset ratio of 76.52% [4]. Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary for the subsidiary's daily operations and business development, with the company able to effectively monitor and manage the subsidiary's activities [5]. - The board of directors supports the guarantee, stating it will not adversely affect the company's normal operations or business development [5]. Cumulative Guarantee Information - As of the announcement date, the company and its subsidiaries have no external guarantees, and there are no overdue guarantees [5]. - The actual guarantee balance as of December 31, 2024, was 301.04 million yuan, representing 492.87% of the company's latest audited net assets, all of which were guarantees for its wholly-owned subsidiary [5].

Group 1 - The core index, the CN Materials Composite Index, reported at 3281.67 points, with a 2.51% increase over the past month, 1.68% over the past three months, and a 6.63% year-to-date increase [1] - The index is designed to reflect the overall performance of different industry securities from Chinese mainland enterprises, classified according to the China Securities Index industry classification standards [1] - The top ten holdings of the CN Materials Composite Index include Zijin Mining (6.39%), Wanhua Chemical (2.21%), and others, indicating a concentration in specific companies [1] Group 2 - The market distribution of the CN Materials Composite Index shows that the Shanghai Stock Exchange accounts for 49.23%, Shenzhen Stock Exchange for 42.38%, and Hong Kong Stock Exchange for 7.82% [2] - In terms of industry composition, non-ferrous metals represent 41.47%, chemicals 37.94%, and other sectors such as non-metallic materials and steel also contribute to the index [2] Group 3 - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December, and can also be adjusted under special circumstances [3] - Adjustments to the index samples occur when there are changes in industry classification due to special events or when companies are delisted [3]

内容概要：近年来，太原市立足产业基础，发挥产业优势，一手抓传统产业转型升级，一手抓战略性新 兴产业培育，不断强化企业创新主体地位，深化数智赋能，构建绿色制造体系，新质生产力成为全市工 业经济高质量发展的强劲推动力。高端金属材料、先进碳基材料、先进生物材料及生物制药产业不断壮 大，"1233"重点产业链体系加速建设，新型工业化进程加快。目前，9条产业链集聚118家重点企业，培 育省级链主企业12户，链核企业11户，链上企业全省营收占比超30%。 上市企业：太钢不锈（000825）、锦波生物（832982）、华阳新材（600281）、山煤国际（600546）、 山西焦煤（000983）、派林生物（000403）、美锦能源（000723） 相关企业：太原钢铁集团有限公司、太原太钢大明金属科技有限公司、山西太钢不锈钢精密带钢有限公 司、山西太钢不锈钢钢管有限公司、山西帝思曼特殊金属科技有限公司、山西钢科碳材料有限公司、山 西希本复合材料有限公司、山西希本运动器材有限公司、山西新欣复合材料科技有限公司、山西科林化 工新材料有限责任公司、山西三强新能源科技有限公司、太原黑猫炭黑有限责任公司、凯赛(太原)生物 材料有限公司 ...

北交所策略专题报告 2025 年 05 月 25 日 北交所排队企业整体高质量，关注 2025 打新机会 北交所研究团队 ——北交所策略专题报告 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 专题：北交所排队企业整体高质量，关注 2025 北交所打新机会 上市节奏角度来看，2024 年全年北交所共上市 23 只新股。截至 2025 年 5 月 23 日，2025 年 1-5 月北交所共上市 4 家企业。从发审会节奏上来看，随着申报企业 补充 2024 年报数据的结束，下周 2 家公司上会审核，未来节奏或有提升。从首 发募集资金角度的中签率来看，募集资金较高的企业申购中签率同样较高，2024 至今北交所合计上市 27 家企业中签率均值达 0.09%，但其中首发募集资金超过 2 个亿企业的平均中签率在 0.14%，首发募集低于 2 个亿企业的平均中签率在 0.06%。从当前北交所排队企业看利润体量整体有所较高，截至 2025 年 5 月 23 日，94 家排队中企业 2024 年归母净利润均值达 8967.02 万元，高于 266 家北交 所企业 2024 年归母 ...

证券代码：688786 证券简称：悦安新材 公告编号：2025-031 江西悦安新材料股份有限公司 关于参加 2024 年度科创板先进有色金属材料集体业绩 说明会暨召开 2025 年第一季度业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： ??会议召开时间：2025 年 5 月 29 日(星期四)下午 15:00-17:00 ??会议召开地点：上海证券交易所上证路演中心（http://roadshow.sseinfo.com/） ??会议召开方式：网络文字互动 ??投资者可于 2025 年 5 月 22 日(星期四)至 5 月 28 日(星期三)16:00 前登录上证路 演中心网站首页，点击"提问预征集"栏目（http://roadshow.sseinfo.com/questionCo llection.do）或通过公司邮箱（stock@yueanmetal.com）进行提问。公司将在说明会 上对投资者普遍关注的问题进行回答。 江西悦安新材料股份有限公司（以下简称"公司"）已于 2025 年 ...

Group 1 - The article highlights the financial support provided by the government to private enterprises in Kunming, including a 1 million yuan subsidy for a cable company to invest in R&D for new energy cables and high-grade flame-retardant cables [1] - In 2022, Kunming City allocated a total of 408 million yuan to support the development of the private economy and small and medium-sized enterprises (SMEs), marking a year-on-year increase of 66.1% [1] - The People's Bank of China and eight other departments issued a notice to strengthen financial support measures for the development of the private economy, emphasizing the importance of fiscal subsidies and insurance guarantees [1] Group 2 - Kunming City has implemented a digital marketing system for SMEs, allowing real-time monitoring of stock levels and improving sales efficiency, as demonstrated by the success of Kunming Xuelan Dairy Co., which saw significant sales growth after the system's implementation [2] - The city also provides tax relief to private enterprises, with one high-tech company benefiting from a tax reduction of approximately 1.5 million yuan due to R&D expense deductions [2] - In 2023, Kunming City plans to continue focusing on key industrial development areas and strengthen the coordination of various fiscal funds to promote high-quality development of the private economy and SMEs [2]