Core Viewpoint - In May, the industrial production in China showed a robust growth, with the industrial added value of large-scale enterprises increasing by 5.8% year-on-year, supported by the equipment manufacturing sector and stable growth in consumer goods manufacturing [1][2]. Group 1: Industrial Production Data - The industrial added value of large-scale enterprises grew by 5.8% year-on-year in May, with a month-on-month increase of 0.61% after seasonal adjustments [1]. - Manufacturing sector growth was recorded at 6.2%, surpassing the overall industrial growth by 0.4 percentage points [1]. - Among 41 major industries, 35 experienced year-on-year growth, resulting in a growth coverage of 85.4% [1]. Group 2: Equipment Manufacturing Sector - The added value of the equipment manufacturing sector increased by 9.0% year-on-year, contributing 54.3% to the overall industrial growth [2]. - The automotive industry saw a significant increase in added value by 11.6%, with a month-on-month acceleration of 2.4 percentage points [2]. - All eight sub-sectors within equipment manufacturing reported growth, with notable increases in railway, shipbuilding, aerospace, and electrical machinery sectors [2]. Group 3: High-end, Intelligent, and Green Manufacturing - High-tech manufacturing added value rose by 8.6% year-on-year, contributing 1.4 percentage points to overall industrial growth [3]. - Key products in high-end manufacturing, such as aircraft and industrial control systems, saw substantial growth rates of 18.7% and 15.5% respectively [3]. - The digital economy's integration into industrial production is increasing, with digital product manufacturing growing by 9.1% [3]. Group 4: Green Transformation and New Energy Products - The demand for new energy products and green materials is expanding, with the production of new energy vehicles and lithium-ion batteries increasing by 31.7% and 52.5% respectively [4]. - The supply of green products is also on the rise, with high-performance chemical fibers and bio-based chemical fibers seeing production increases of 92.2% and 21.5% [4]. Group 5: Policy Impact and Economic Recovery - The "two new" policy effects are positively influencing industrial production, with significant growth in sectors like motor manufacturing and shipbuilding [5]. - The automotive sector benefited from vehicle replacement subsidies, leading to an 11.3% increase in production [6]. - Overall, the manufacturing purchasing managers' index rose by 0.5 percentage points, indicating improved business expectations [6].

Core Viewpoint - The Canadian steel production industry, along with the United Steelworkers union, has expressed disappointment regarding Prime Minister Carney's plan to address U.S. steel and aluminum tariffs, stating that it is "below expectations" [1] Industry Summary - The statement from the Canadian steel industry highlights concerns over the effectiveness of the government's response to U.S. tariffs on steel and aluminum, which could impact competitiveness and market stability [1]

Core Insights - The integration of technology in traditional farming practices in Hebei Province is significantly enhancing agricultural efficiency and productivity [1][2] Group 1: Technological Advancements in Agriculture - The use of smart agricultural machinery, such as the Beidou navigation system-equipped no-till seeders, has improved planting efficiency by 95% compared to previous years [1] - In Jizhou County, the average daily operational area of smart seeders has increased from 100 acres to 200 acres, indicating a shift towards full mechanization and smart farming [1] - The introduction of precision satellite positioning in new seeders allows for automatic adjustments in planting density, potentially increasing corn yield by 10% per acre [2] Group 2: Impact on Crop Production - The timely transition from harvesting to planting is crucial for annual grain production, with modern equipment facilitating rapid operations [2] - In the Tongchuan Happy Family Farm, nearly 10,000 acres of strong gluten wheat have been harvested, followed by immediate planting of sorghum using advanced machinery [1][2] - The combination of harvesting and planting operations, along with integrated pest control using drones, showcases the efficiency of modern agricultural practices [2]

食品抽检作为食品安全监管的关键抓手，在守护公众饮食安全方面发挥着不可替代的作用。记者日前从 市场监管总局了解到，针对食品抽检中检出不合格和问题食品的食品生产企业，市场监管部门在排查整 改落实到位的前提下，对企业开展技术帮扶，有效破解中小食品生产企业食品安全防控能力难题。据统 计，今年以来，全国市场监管系统已累计技术帮扶1万余家中小食品生产企业。技术帮扶正在成为企业 寻求官方专业技术支持的可靠渠道。(新华社) ...

证券研究报告 | 2025年06月19日 | 晨会纪要 | | --- | | 数据日期:2025-06-18 | 上证综指 | 深证成指沪深 | 300 指数 | 中小板综指 | 创业板综指 | 科创 50 | | --- | --- | --- | --- | --- | --- | --- | | 收盘指数（点） | 3388.80 | 10175.58 | 3874.97 | 11556.34 | 2899.16 | 968.17 | | 涨跌幅度（%） | 0.04 | 0.23 | 0.11 | 0.12 | 0.14 | 0.52 | | 成交金额（亿元） | 4410.11 | 7500.56 | 2305.53 | 2702.17 | 3718.47 | 204.42 | 【常规内容】 宏观与策略 宏观专题:水线下的冰山——"政策克制+需求前置"下的预期差 宏观快评:陆家嘴论坛主题演讲解读-以高质量金融改革，应对外部不确 定性 行业与公司 证券行业 2025 年 6 月报：券商衍生品创新平稳市场 汽车行业周报（25 年第 23 周）：特斯拉自动驾驶出租车商业化提速， 多家车企缩短供应商账期 ...

值得一提的是，公司停牌前一日（6月4日），邦基科技股价涨停。今年以来，邦基科技股价累计上涨超过100%。 星标★IPO日报 精彩文章第一时间推送 公司拟通过发行股份及支付现金的方式，向Riverstone FarmPte.Ltd.购买其持有的北溪农牧、瑞东伟力、鑫牧农牧、瑞东农牧（利津）、瑞东农牧（山 东）、威力牧业（滨州）100%股权及派斯东80%股权。 6月17日-18日，公司股票复牌后，连续收获两个交易日涨停。 AI制图 一口气收购7家公司 邦基科技公告称，截至预案签署日，由于标的公司的审计、评估工作尚未完成，标的资产的交易对价尚未确定，此次交易最终交易价格以符合《证券法》 规定的评估机构出具正式评估报告后，由各方本着诚实信用的原则协商确定。 公告显示，邦基科技主要从事猪饲料的研发、生产和销售业务，专注于动物生命与动物营养研究，目前已涉足猪料、蛋禽预混料、肉类反刍饲料、兽药销 售等产业，是一家为现代化养殖场提供专业化产品的饲料生产企业。 邦基科技主要产品包括猪预混料、猪浓缩料、猪配合料等。公司在山东及东北地区具有较高的市场占有率和品牌知名度，并逐步将市场拓展至全国，目前 销售区域主要覆盖华东、东北、华北 ...

2025年06月19日 国泰君安期货商品研究晨报-绿色金融与新能源 观点与策略 | 镍：矿端担忧有所降温，冶炼供应弹性饱满 | 2 | | --- | --- | | 不锈钢：负反馈传导减产增加，供需双弱低位震荡 | 2 | | 碳酸锂：仓单去化加速，关注潜在采买 | 4 | | 工业硅：仓单持续去化，关注上方空间 | 6 | | 多晶硅：上游复产，盘面下跌 | 6 | 国 泰 君 安 期 货 研 究 所 期货研究 商 品 研 究 2025 年 6 月 19 日 镍：矿端担忧有所降温，冶炼供应弹性饱满 不锈钢：负反馈传导减产增加，供需双弱低位震荡 张再宇 投资咨询从业资格号：Z0021479 zhangzaiyu@gtht.com 【基本面跟踪】 镍基本面数据 | | | 指标名称 | T | T-1 | T-5 | T-10 | T-22 | T-66 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 沪镍主力（收盘价） | 118,480 | -90 | -3,310 | -4,110 | -5,370 | -11,010 | ...

Group 1 - The collaboration between Lianyungang Agricultural and Rural Bureau and the 14th Discipline Inspection and Supervision Group aims to ensure a successful summer grain harvest [1][2] - A total of over 15,000 large tractors, 25,300 combine harvesters, 16,000 transplanters, and 1,615 grain dryers have been deployed, with a drying capacity of 44,400 tons per batch [1] - The installation of Beidou navigation systems on harvesting machines has significantly improved operational efficiency and reduced loss rates during harvesting [1] Group 2 - The 14th Discipline Inspection and Supervision Group emphasizes political supervision to safeguard the summer production, focusing on key areas such as agricultural machinery safety and technical guidance [2] - A coordinated response mechanism has been established among emergency management, meteorological services, and power supply departments to ensure safe operations during the harvest [2] - Future efforts will continue to protect the interests of farmers and ensure timely payment for grain sales, reinforcing the foundation for abundant grain production [2]

5月26日--28日，碳酸锂期货主力合约LC2507已经连续三天盘中跌破6万元/吨关口，最低下探至5.95万 元/吨，报收6.04万元/吨。5月29日，碳酸锂期货主力合约收盘报58860/吨，这是自碳酸锂期货上市以来 收盘价首次跌破6万元/吨大关。现货方面，上海钢联（300226）数据显示，6月3日，电池级碳酸锂平均 报价已经跌至6.08万元/吨，市场呈现持续下行趋势。 价格持续下滑不仅给企业经营带来严峻挑战，也削弱了部分企业的投资热情。4月17日，芳源股份公 告，由于市场环境和公司经营发展战略变化，公司决定终止投资不超过30亿元的"电池级碳酸锂生产及 废旧磷酸铁锂电池综合利用项目"。 业内分析人士指出，今年以来，一方面，碳酸锂产量依旧维持在相对高位。另一方面，下游新能源汽车 市场增长速度仍未达预期，对碳酸锂的需求拉动作用有限。同时，电池及整车企业库存积压，使得其采 购碳酸锂的意愿低迷，导致碳酸锂市场供大于求的状况愈发明显，价格也因此受到持续下行压力。 产能出清缓慢 2024年以来，锂价下滑已导致不少开采成本较高的澳大利亚矿山陆续宣布减产停产。针对近期碳酸锂价 格下滑走势，光大期货研究所分析认为，市场聚焦点在 ...

Group 1 - The MSCI Nordic Countries Index declined by 0.9%, closing at 358.72 points, marking the lowest closing level since June 3 [1] - The industrial sector in the Nordic region led the decline [1] - Rockwool A/S, a manufacturer of insulation, fireproof, soundproof, and seismic products, saw a drop of 4.6%, leading the decline among constituent stocks [1]