Group 1: Engineering Machinery - The engineering machinery industry is experiencing a cyclical recovery, with domestic demand showing signs of improvement and export growth driven by emerging markets such as Southeast Asia, Africa, and the Middle East [4][6] - Domestic engineering machinery demand is expected to continue its upward trend, supported by a peak in equipment replacement and increased investment in infrastructure projects, with local government bond issuance rising by 84% year-on-year in the first four months of 2025 [6] - The export value of engineering machinery reached USD 5.152 billion in April 2025, marking a year-on-year increase of 12.7%, with total exports from January to April amounting to USD 18.07 billion, up 9.01% year-on-year [6][8] Group 2: Semiconductor Equipment - The domestic semiconductor equipment industry is poised for expansion, with significant capital expenditure expected for 300mm wafer fabs in China, projected to exceed USD 100 billion from 2025 to 2027 [10][13] - The trend towards self-sufficiency in semiconductor equipment is accelerating, with low domestic localization rates in critical equipment categories, indicating substantial room for import substitution [11][13] - Investment opportunities are highlighted in companies such as Zhongwei Company, Northern Huachuang, and Quick Intelligent [13][25] Group 3: Industrial Mother Machines - The machine tool industry is on an upward cycle due to ongoing domestic substitution and increasing demand for high-end machine tools, with government policies supporting tax incentives and talent development [14][16] - Short-term performance improvements are anticipated as the industry enters a renewal phase [16] Group 4: Traditional Energy Equipment - The traditional energy equipment sector is benefiting from low oil inventories in the U.S. and the upcoming peak consumption season, which is expected to support rising oil prices [17][19] - Geopolitical factors, including U.S.-Iran negotiations and the Russia-Ukraine conflict, are influencing market dynamics [19] - Companies such as Nuwei Co., Xizhuang Co., and Jerry Co. are recommended for investment [19][25] Group 5: New Energy Equipment - The controlled nuclear fusion sector is witnessing increased capital expenditure and technological advancements, with a growing number of startups and active financing in the past five years [20][24] - Significant progress in nuclear fusion technology has been made, with multiple records achieved in plasma operation [24] - Investment opportunities include companies like Hezhuan Intelligent, Xizhuang Co., and Jingda Co. [24][25]

Group 1 - The U.S. President Trump announced tariffs ranging from 25% to 40% on imports from 14 countries, including Japan, South Korea, and Malaysia, effective August 1 [1] - The global trade friction index rose to 131 in April, indicating a significant increase in global trade tensions, with trade measures involving a year-on-year increase of 37.6% and a month-on-month increase of 16% [1] - The necessity for self-sufficiency in high-end industrial machinery and scientific instruments is increasing due to heightened trade tensions and the trend of de-globalization [1] Group 2 - The Industrial Mother Machine ETF (159667) tracks the China Securities Machine Tool Index, including 50 component stocks from key sectors such as machinery manufacturing, electronic, and new energy [2] - The ETF's component stocks benefit from the development of the robotics industry, showcasing strong profitability and growth potential [2] - The average market capitalization of the index's component stocks is large, reflecting a preference for industry leaders and technologically advanced companies [2]

Group 1 - The core point of the news is the signing of a cooperation agreement between Chengtong Science and Technology and the Industrial Research Capital, focusing on the establishment of a sub-fund with a scale of 1 billion yuan to promote innovation in strategic emerging industries [1][3] - The fund will primarily target industries such as industrial mother machines, industrial software, and advanced basic materials, aiming to cultivate and incubate enterprises with technological advantages and innovation capabilities [1][3] - The collaboration is seen as a practical implementation of the State-owned Assets Supervision and Administration Commission's requirements, contributing to the national strategy of becoming a technology powerhouse [3] Group 2 - Chengtong Science and Technology's investment fund is one of the first central enterprise venture capital mother funds, with a total planned scale of 30 billion yuan, aiming to demonstrate early, small, long-term, and hard technology investments [4] - The first phase of the fund has a scale of 10 billion yuan, with contributions from Chengtong, Sinopec, China National Aviation, and the Haidian District government [4] - The investment strategy will focus on "hard technology," particularly in new materials, advanced manufacturing, and next-generation information technology, utilizing a combination of equity investment and ecological incubation [4]

Core Viewpoint - The establishment of a special training program for talent in the industrial mother machine sector, organized by the State-owned Assets Supervision and Administration Commission (SASAC), aims to enhance the capabilities of key personnel in this critical industry [1] Group 1: Training Program Objectives - The training program emphasizes the importance of aligning with the directives of General Secretary Xi Jinping regarding the development of the industrial mother machine industry [1] - The program aims to strengthen the leadership, technical insight, and collaborative capabilities of leading technology talents in the industrial mother machine sector [1] - It focuses on enhancing the capabilities of young technology talents in areas such as frontier understanding, professional skills, interdisciplinary integration, and practical application [1] Group 2: Organizational Management - The program underscores the need for strict adherence to the central eight regulations and relevant training regulations for officials [1] - It aims to ensure a rigorous academic atmosphere to achieve tangible results from the training [1]

Group 1 - The core viewpoint highlights significant advancements in the humanoid robotics industry, with companies accelerating collaboration to enhance application scenarios [1] - Zengguang Intelligent announced nearly 100 million yuan in new financing for its "maglev magic carpet" technology, achieving a positioning accuracy of 5 micrometers and introducing a "transmission is processing" model [1] - The humanoid robot industry is entering a new phase of vigorous development, with strategic partnerships being formed among key players like Yubiquitous and Kepler in sectors such as automotive and electronics [1] Group 2 - Jianghai Securities notes that the mass production expectations for humanoid robots face significant uncertainty due to the need for further accumulation of general scenario training data and the iteration of core component technologies [1] - The collaboration between Nvidia and Foxconn aims for humanoid robot production in Q1 2026, indicating strong confidence from major companies in the industry's future [1] - The launch of Yubiquitous's industrial humanoid robot Walker S1 marks a critical step towards commercialization, which is expected to drive the domestic industry forward [1]

Core Viewpoint - Company A can choose to stop enjoying the advanced manufacturing tax deduction policy and switch to the industrial mother machine tax deduction policy, which offers a 15% deduction. If Company A previously claimed a 5% deduction under the advanced manufacturing policy, it can make a one-time supplementary claim for the difference [2][3]. Summary by Sections - Company A is eligible to switch from the advanced manufacturing tax deduction policy to the industrial mother machine tax deduction policy, and can claim the unclaimed difference as a one-time adjustment [2][3]. - Advanced manufacturing enterprises can choose to apply for multiple tax deduction policies but cannot stack them in the same period. Company A, engaged in agricultural product processing, can benefit from both the advanced manufacturing tax deduction and the agricultural product tax deduction [3]. - When Company A has already claimed input tax deductions and needs to adjust them, it must reduce the claimed amount accordingly. If this adjustment results in a negative deductible amount, it should be reported in the appropriate section of the tax declaration form [4].

Core Viewpoint - The "Three-Year Action Plan for Promoting Listing Cultivation Services in Longhua District" has been officially released to implement the spirit of the new "National Nine Articles" document, aiming to enhance the quality of enterprises and support their listing efforts [1][8]. Group 1: Overall Requirements - The action plan emphasizes the need to improve the listing cultivation service system, broaden financing channels for enterprises, and enhance support for mergers and acquisitions, focusing on the transition from small to standardized, refined operations, and ultimately to successful listings [5][8]. Group 2: Service Improvement Measures - The plan includes measures to enhance the service level for potential listed companies, utilizing AI technology for maturity assessments and providing tailored support through a dedicated app for policy guidance and operational needs [6][7]. - It aims to build a high-quality listing reserve cultivation database, integrating it with mechanisms for specialized and innovative enterprises, and identifying high-growth potential companies [6][7]. Group 3: Policy Support for Listings - The action plan outlines policies to support enterprises in mergers and acquisitions, establishing a project database and a special fund to facilitate cross-industry development for small and medium-sized enterprises [6][7]. - It also includes the creation of equity financing and investment project reserves to bolster the capacity of potential listed companies in the district [6][7]. Group 4: Space and Resource Guarantees - The plan emphasizes strengthening support for potential listed companies in securing office, research, and production spaces, promoting a collaborative model for industrial land use [7]. - It aims to develop a high-concentration "headquarters area" for listed companies in key districts [7]. Group 5: Ecosystem Optimization - The action plan seeks to expand the capital market network in Longhua, attracting leading financial institutions and establishing international listing exchange services [7]. - It aims to create a comprehensive investment ecosystem to position Longhua as a competitive cornerstone investor in the city [7]. Group 6: Risk Management - The plan highlights the use of AI for monitoring negative public sentiment related to potential listed companies and enhancing risk management through inter-departmental coordination [7][8]. Group 7: Context and Background - The "National Nine Articles" is a guiding document issued by the State Council in April 2024, aimed at enhancing the quality of the capital market, and Longhua District's action plan is the first listing cultivation policy released in Shenzhen following this document [8][9]. - Longhua currently has 40 listed companies with a total market capitalization exceeding 1 trillion yuan, and the listing reserve database includes 65 companies, predominantly in advanced manufacturing sectors [9].

Core Viewpoint - The article discusses the release of the "Three-Year Action Plan for Promoting Listing Cultivation Services in Longhua District," aimed at enhancing the quality of enterprises and expanding financing channels to support the growth of listed and prospective listed companies in the region [2][9]. Summary by Sections Overall Requirements - The action plan emphasizes the need to improve the listing cultivation service system, broaden financing channels, and enhance support for mergers and acquisitions, aligning with Longhua District's "1+2+3" modern industrial system layout [4]. Improving Listing Cultivation Service Level - The plan includes measures such as creating profiles for prospective listed companies, utilizing AI for maturity assessments, and providing tailored services through a dedicated app for policy guidance and support [5]. High-Quality Construction of Listing Reserve Cultivation Database - The action plan aims to integrate the listing reserve database with mechanisms for specialized and innovative enterprises, enriching the database with potential high-growth companies [5]. Policies to Promote Enterprise Listing - It outlines support for mergers and acquisitions, establishing a project database, and creating special funds to assist small and medium-sized enterprises in achieving rapid development through restructuring [5]. Strengthening Spatial Element Support - The plan proposes enhanced support for prospective listed companies in securing office, research, and production spaces, promoting a collaborative model for industrial land use [6]. Optimizing Listing Cultivation Service Ecosystem - The action plan seeks to expand Longhua's capital market network, attract leading financial institutions, and facilitate international listing opportunities for quality companies [7]. Strengthening Risk Response - It emphasizes the use of AI for monitoring negative public sentiment and enhancing risk management through coordination among various regulatory bodies [7]. Implementation of New "National Nine Articles" - The action plan is a response to the new "National Nine Articles" issued by the State Council, focusing on developing new productive forces and enhancing enterprise quality to make listed companies a driving force for economic growth [9]. Current Status of Longhua District - Longhua District currently has 40 listed companies with a total market capitalization exceeding 1 trillion yuan, and the listing reserve database includes 65 companies, predominantly in advanced manufacturing [10].

Wind最新数据显示，2025年A股 每3天就有2家 公司启动重组，截止5月底，年内重大资产重组已达 66 单 ，同比激增 144% ，半导体、机器人等硬科技领域占比超 40% ！在 "并购六条"的催化下，今年一 季度跨境并购加速至52单，新能源装备、工业母机等赛道正上演密集产业整合。 扫扫扫扫扫扫扫扫扫描描描描描描描描描下下下下下下下下下方方方方方方方方方二二二二二二二二二维维维维维维维维维码码码码码码码码码，，，，，，，，，000000000元元元元元元元元元报报报报报报报报报名名名名名名名名名直直直直直直直直直播播播播播播播播播！！！！！！！！！ 针对这些问题，我们将携手 国内头部券商保代"并购小猪" 于 7月3日晚8点 直播分享 《924之后并购重 组最新政策和相关案例》 。 本次直播将深度解析新规要点、剖析典型案例，并详解交易设计及风险防 控等实操关键，帮助大家把握政策机遇。 热潮之下， 挑战亦随之而来。新规核心如何精准把握？复杂交易结构如何设计才能提升审核效率？标 的估值与后续整合的风险又该如何有效规避？ ...

综上所述，保荐人对本次向特定对象发行股票部分限售股上市流通事项无异议。 （以下无正文） 相关ETF 食品饮料ETF 中信证券股份有限公司 关于苏州绿的谐波传动科技股份有限公司 向特定对象发行股票之限售股解禁上市流通的核查意见 中信证券股份有限公司（以下简称"保荐人"）作为苏州绿的谐波传动科技股份有 限公司（以下简称"绿的谐波"或"公司"）2022年度向特定对象发行A股股票及持续督 导的保荐人，根据《中华人民共和国公司法》《中华人民共和国证券法》《证券发行 上市保荐业务管理办法》《上海证券交易所科创板股票上市规则》以及《上海证券交 易所科创板上市公司自律监管指引第1号——规范运作》等相关法律法规和规范性文 件的要求，对绿的谐波向特定对象发行股票之限售股解禁上市流通事项进行了审慎核 查，核查情况及核查意见如下： 一、本次上市流通的限售股类型 公司向特定对象发行股票注册的批复》（证监许可〔2024〕1008号），同意公司 向特定对象发行股票的注册申请。本次向特定对象发行新增股份14,448,867股，本 次发行新增股份的登记托管手续已于2025年1月6日在中国证券登记结算有限责任 公司上海分公司办理完成。本次向特定 ...