Group 1 - The core viewpoint emphasizes the necessity of diversified development to overcome the challenges of being overly reliant on a single industry, advocating for multi-faceted growth and enhanced coordination between regions and industries [1][2][3] - The city of Tongchuan, once heavily dependent on coal, is undergoing a transformation with a focus on intelligent manufacturing and aluminum processing, showcasing a shift from coal-based industries to more sustainable practices [1][2] - Since 2016, Tongchuan has closed 23 coal mines and dismantled 41 cement kilns, leading to a significant reduction in non-coal mining enterprises from over 300 to 42, while upgrading remaining facilities to low-carbon standards [2] Group 2 - The restructuring of Tongchuan's industrial landscape includes the development of three major industry clusters: energy resources, advanced manufacturing, and emerging industries, with a target for non-coal industries to account for 87% by 2024 [2] - The establishment of the optoelectronic integrated industry park has attracted over 30 upstream and downstream enterprises, indicating a successful transition from a non-existent to a thriving optoelectronic industry cluster [2] - The integration of health and cultural tourism into the local economy has revitalized the city, transforming it from a heavily polluted area to one with approximately 280 days of good air quality annually [3]

2025 年 05 月 05 日 永新光学 (603297) 公 司 研 究 / 公 司 点 评 报告原因：有业绩公布需要点评 买入（维持） | 市场数据： | 2025 年 04 月 30 日 | | --- | --- | | 收盘价（元） | 87.12 | | 一年内最高/最低（元） | 118.00/49.62 | | 市净率 | 4.9 | | 股息率%（分红/股价） | 1.10 | | 流通 A 股市值（百万元） | 6,221 | | 上证指数/深证成指 | 3,279.03/9,899.82 | | 注："股息率"以最近一年已公布分红计算 | | | 基础数据: | 2025 年 03 月 31 日 | | --- | --- | | 每股净资产（元） | 17.94 | | 资产负债率% | 13.92 | | 总股本/流通 A 股（百万） | 111/71 | | 流通 B 股/H 股（百万） | -/- | 一年内股价与大盘对比走势： 04-30 05-31 06-30 07-31 08-31 09-30 10-31 11-30 12-31 01-31 02-28 03-31 04- ...

以下文章来源于真叫卢俊 ，作者真叫卢俊团队 真叫卢俊 . 认认真真聊地产，实实在在谈买房。 厚积薄发。 作者 | 真叫卢俊团队 来源 | 真叫卢俊 不夸张地说，此时此刻的它们，也许未来某一天就是彼时彼刻的北上广们 （ID：zhenjiaolujun0426） 世上唯一不变的就是变化，而年初到现在，国内一个最大的变局 就是一二线城市之间的疯狂博弈 从 杭 州 的 超 新 星 式 爆 发 ， 到 提 问 后 迅 速 做 出 反 应 的 南 京 ， 再 到 拼 命 抢 人 抢 产 业 的 深 圳...... 可见随着这波二线城市的强势崛起，一线的宝座似乎也不那么稳当了 之前我们写过杭州已经接近一线水平，但除了杭州，其实有更多强二线城市逐渐露头 评论区更是引发了一波讨论 而当我们用脚走过这些二线城市，更能深刻感受到它们中有些真的不甘平庸，正努力站 到台前聚光灯下 01 成都：全国楼市一次绝对的异军突起 这两年我们走过最多的城市就是成都 某种程度上，成都确实已经是国内楼市第一城了 数据就是最好证明 3年前商品房成交量取代武汉，从此成为全国第一 去年一二手成交双双拿下全国销冠，超过了上海和北京 而今年一季度月均成交2 . ...

Core Insights - The article highlights the rapid development of the new energy and petrochemical industries in Luoyang, with significant projects like CATL's (宁德时代) new energy battery production base and the Henan Refining's ethylene project marking a new industrial landscape by 2025 [1][4]. Group 1: Industry Development - CATL's Luoyang base is set to become a competitive national-level new energy battery industry cluster, with phases three and four of the project underway, aiming for an annual output value exceeding 20 billion yuan [1][4]. - The Henan Refining's ethylene project is part of a larger initiative to create a billion-level petrochemical materials base, contributing to local employment and economic growth [5]. - The strategic focus on "four new industries and one equipment" aims to enhance the scale and quality of major industrial projects in Luoyang [4][5]. Group 2: Innovation and Technology - Luoyang is fostering innovation through high-level platforms that integrate talent cultivation, technological innovation, and industrial incubation, with a notable increase in technology contract transactions reaching 7.033 billion yuan in Q1, up 217.8% year-on-year [3]. - The establishment of high-tech enterprises is a priority, with companies like Luoyang Xin'an New Energy Co. achieving significant advancements in lithium extraction technology [3]. - The high-tech manufacturing sector in Luoyang saw a 92.3% increase in added value in Q1, accounting for 7.8% of the industrial output, reflecting a 3.5 percentage point increase from the previous year [3]. Group 3: Project Execution and Economic Impact - The rapid construction of projects like CATL's battery production lines demonstrates Luoyang's commitment to meeting production targets, with a goal of achieving over 20 billion yuan in output for the year [4]. - The strategic initiatives have led to a 16.3% year-on-year growth in the added value of strategic emerging industries, now representing 12.1% of the industrial output [5]. - The establishment of the largest battery foil production base in the country is underway, with plans to increase production lines from 11 to 18 by the end of the year [6]. Group 4: Reform and Policy Support - Luoyang is implementing significant reforms to enhance the business environment, facilitating rapid project initiation and production [6]. - The introduction of a 10 billion yuan angel fund aims to support early-stage projects, addressing previous investment hesitations [6]. - Reforms in technology transfer and ownership are being pursued to ensure that more research outcomes are commercialized effectively [6].

「投资界前哨」系投资界旗下专注创投政策风向、 VC/PE 动态公众号，欢迎关注！ 根据公开信息统计：截至29日下午，本月（4月1日-4月29日）募资动态共28起。 礼来亚洲六期基金完成设立 近日，上海礼澜私募投资基金合伙企业（有限合伙）（简称"礼来亚洲六期人民币基金"或"基 金"）正式完成设立，成为近年来国内市场化募资规模最大的生物医药VC基金。国投先导母基 金作为其重要出资方，为该基金的募资设立过程提供鼎力支持。 自2008年成立以来，礼来亚洲专注投资于中国和美国的生命科学和医疗健康领域，是市场上成 立时间最长、团队规模最大、业绩最受认可的专业医疗基金管理团队之一。截至目前，已管理 了多支美元和人民币基金，合计基金认缴规模超过人民币400亿元。在过去的16年中，礼来亚 洲累计投资了约200家企业，其中约150家位于中国，超过三分之二的项目为创新药企业。 普洛斯募资，投向一个万亿赛道 投资界获悉，普洛斯最新推出的中国数据中心收益基金一期已完成募集，投资规模约26亿人民 币，投资人包括国内领先投资管理公司及知名国际机构投资人，普洛斯担任基金管理人及资产 管理人。 这是普洛斯推出的首个数据中心主题投资策略。普洛斯 ...

近期清溢光电(688138)发布2025年一季报，证券之星财报模型分析如下： 其他关键指标 每股净资产为5.75元，同比增长9.39%；每股收益为0.2元，同比增长5.26%；每股经营性现金流为0.21 元，同比减少2.29%。 营收与利润 清溢光电(688138)在2025年一季度实现营业总收入2.99亿元，同比增长9.83%。归母净利润为5174.22万 元，同比增长4.34%；扣非净利润为4711.81万元，同比增长5.41%。这表明公司在报告期内保持了较为 稳定的盈利能力。 毛利率与净利率 公司的毛利率为31.85%，较去年同期增长3.81%，显示出公司在成本控制方面有所改善。然而，净利率 为17.34%，同比下降4.96%，这可能与费用增加有关。 费用情况 值得注意的是，清溢光电的三费(销售费用、管理费用、财务费用)占营收比例从去年同期的6.36%上升 至10.44%，增幅达64.02%。这表明公司在费用控制方面面临一定压力，需要进一步优化成本结构。 现金流与负债 截至报告期末，公司的货币资金为3.65亿元，较去年同期减少9.61%。同时，有息负债达到7.44亿元， 同比增长46.42%，有息资产负 ...

其 他 报 告 2025年04月30日 晨会纪要 | 国内市场 | | 涨跌幅（%） | | | --- | --- | --- | --- | | 指数 | 收盘 | 1日 | 上周 | | 上证综合指数 | 3287 | -0.05 | 0.56 | | 深证成份指数 | 9850 | -0.05 | 1.38 | | 沪深300指数 | 3775 | -0.17 | 0.38 | | 创业板指数 | 1932 | -0.13 | 1.74 | | 上证国债指数 | 225 | 0.03 | 0.01 | | 上证基金指数 | 6758 | -0.06 | 0.71 | | | | 资料来源:同花顺iFinD | | | 海外市场 | | 涨跌幅（%） | | | --- | --- | --- | --- | | 指数 | 收盘 | 1日 | 上周 | | 中国香港恒生指数 | 22008 | 0.16 | 2.74 | | 中国香港国企指数 | 8068 | -0.15 | 2.32 | | 中国台湾加权指数 | 20233 | 0.99 | 2.46 | | 道琼斯指数 | 40528 | 0.75 ...

Core Viewpoint - The implementation of the "Industrial Doubling Strategy" aims to enhance the competitiveness of Hubei's industries, marking a significant shift in both quantitative and qualitative aspects of economic growth [1][2]. Group 1: Strategic Goals - Hubei has set two phased goals and one long-term vision: by 2027, the industrial scale is expected to reach 7 trillion yuan and the service sector 4 trillion yuan; by 2030, these figures are projected to rise to 10 trillion yuan and 5 trillion yuan respectively; by 2035, Hubei aims to rank among the top in national industrial development [1][2]. Group 2: Seven Major Actions - The "Action Plan" outlines seven major actions with 21 key tasks aimed at enhancing industrial competitiveness, including upgrading traditional industries, fostering emerging sectors, and integrating technology with production [2][3]. - Specific actions include: - Industrial capacity enhancement focusing on upgrading clusters [2]. - Integration of technology and production to strengthen innovation [2]. - Digital transformation to improve efficiency and promote smart industry [2]. - Collaborative efforts to enhance supply chain capabilities [3]. - Transition to green manufacturing to support low-carbon development [2][3]. Group 3: Innovation and Support Measures - Hubei's technological innovation strategy includes achieving breakthroughs in key technologies and fostering a robust innovation ecosystem, with goals of producing significant innovations annually [4][5]. - The province plans to enhance project-driven initiatives and optimize support policies to ensure effective industrial growth [5][6]. - Emphasis is placed on building a strong industrial foundation in Wuhan, focusing on upgrading and nurturing enterprises of all sizes [6].

Core Viewpoint - The article highlights the significance of returning overseas students in contributing to China's technological innovation and industrial development, particularly in the context of the "China Light Valley" in Wuhan, showcasing advancements in laser technology and new energy vehicles [5][9][10]. Group 1: Education and Cultural Exchange - A study program titled "Understanding National Conditions, Talking Confidence" was held in Wuhan, attended by over 20 returning overseas students from various provinces [5]. - The program included visits to historical sites and museums, emphasizing the importance of cultural heritage and national pride among overseas students [6][7]. Group 2: Technological Innovation - Wuhan's East Lake New Technology Development Zone, known as "China Light Valley," is a hub for observing China's technological innovation, particularly in optoelectronic information [8]. - Raycus Fiber Laser Technologies, founded in 2007, has made significant strides in laser technology, developing the first domestic 10,000-watt continuous fiber laser and later a 20,000-watt version, positioning China as the second country to master this high-end technology [9]. - The establishment of the Hubei Jiufeng Mountain Laboratory has led to the emergence of new technologies, including the world's first 8-inch silicon optical thin-film lithium niobate photonic integrated wafer [9]. Group 3: Industry Development - The article discusses the rapid production capabilities of new energy vehicles at Lantu's digital factory, where a vehicle can be assembled in under two minutes, highlighting advancements in information, digital, and intelligent manufacturing [11]. - The establishment of a "Home for Returning Overseas Students" in Jiangxi aims to foster innovation and cultural exchange, serving as a resource hub for returning students [11][12]. Group 4: Strategic Alignment - The article emphasizes the need for returning overseas students to align their expertise with national strategies, particularly in emerging industries such as digital economy and green energy, to contribute effectively to China's development [12].