（文章来源：证券日报） 证券日报网讯 8月22日晚间，万泽股份发布2025年半年度报告摘要称，2025年半年度公司实现营业收入 625，427，361.68元，同比增长24.40%；归属于上市公司股东的净利润为119，406，060.06元，同比增 长21.84%。 ...

中航高科8月22日披露半年报，公司上半年实现营业收入27.47亿元，同比增长7.87%；归属于上市公司 股东的净利润6.05亿元，同比增长0.24%；基本每股收益0.43元。 ...

注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示 未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不 构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相 匹配的产品。基金有风险，投资需谨慎。 （文章来源：每日经济新闻） 国泰海通指出，大国博弈加剧是长期趋势，军工行业长期向好。2027年要确保实现建军百年奋斗目标， 十四五期间有望加速补短板。全球跨区域联合军演增多、部分区域主权摩擦加剧、局部战事长期化，以 及多国加速推进防卫装备列装等动态，均凸显军事装备智能化、无人化及区域防御技术的关键作用。建 议重点关注国防信息化、区域防空反导等前沿热点与装备建设领域。 军工ETF（512660）跟踪的是中证军工指数（399967），该指数从中国A股市场中选取涉及航空、航 天、兵器、船舶等国防工业领域的上市公司证券作为指数样本，以反映军工行业相关上市公司证券的整 体表现。指数成分股主要覆盖航空航天与国防领域，同时包含机械制造及相关配套服务等行业，采用派 许加权方式进行计算，并对单一样本权重设置上限。 ...

Core Viewpoint - Chengfei Integration has experienced a strong stock price surge, reaching a maximum increase of 46.17% since June 13, driven by expectations of mixed-ownership reform, military industry support, and improved performance forecasts [1][2]. Group 1: Stock Performance - The stock price of Chengfei Integration hit a high of 48.79 yuan, up 10.01% from the previous trading day, with a trading volume of 4.501 billion yuan and a turnover rate of 26.78% [1]. - The stock exhibited a daily fluctuation of 12.27%, indicating intense market speculation [1]. Group 2: Key Catalysts - The market speculation is primarily based on three core logic points: 1. Expectations of mixed-ownership reform, which involves introducing market mechanisms while retaining a 68.5% controlling stake, leading to governance structure optimization and valuation re-evaluation [1][2]. 2. Continued enthusiasm for military industry concepts, as Chengfei Integration benefits from policy support in the military sector and the advancement of domestic large aircraft projects, enhancing its investment appeal [1]. 3. Performance improvement expectations, with a forecasted reduction in losses by 39.84%-58.64% for the first half of 2025, driven by growth in the production and sales of aviation components [1][2]. Group 3: Governance and Business Developments - The company is optimizing its governance structure by revising its articles of association, eliminating the supervisory board's audit committee, and ensuring the stability of military business through the confirmation of AVIC's controlling position [2]. - Business improvements are evident, with a significant increase in new orders and ongoing development in drone manufacturing processes [2]. - A second extraordinary shareholders' meeting is scheduled for August 25 to discuss amendments to the company's articles and the reappointment of the auditing firm for 2025 [2].

Group 1: Military Industry - The military sector is experiencing an upward trend, driven by the intensifying geopolitical competition among major powers, with a long-term positive outlook for military investments [4][5][6] - The recent commemorative events for the 80th anniversary of the victory in the Anti-Japanese War have highlighted the importance of national defense, leading to increased military spending [5] - Key companies to focus on include major manufacturers and component suppliers such as AVIC Shenyang Aircraft Corporation, AVIC South Lake, and AVIC Xi'an Aircraft Industry [4] Group 2: Non-Metallic Building Materials - The implementation of new national standards for refrigerators is expected to accelerate the demand for VIP boards, with the company Reascent Technology poised for significant growth following its acquisition of Maikelong [8][9] - The company has integrated its supply chain from fiberglass cotton to VIP core materials and VIP boards, which is anticipated to enhance its competitive edge and profitability [9] Group 3: Dairy Industry - The price of raw milk continues to decline, and a supply-demand balance is expected in the second half of 2025, benefiting from reduced production and improved demand [11][19] - Beef prices are entering an upward cycle due to supply reduction and decreased import pressures, with a projected increase in profitability for livestock companies [12][20] - The cyclical resonance between meat and milk production is expected to enhance the profitability of leading livestock companies [11][21]

齐鲁晚报·齐鲁壹点记者 赵世峰 美制F-35B本月首次部署至日本航空自卫队基地，这些战机将成为日本海上自卫队"出云"级直升机驱逐 舰的舰载机。《日本经济新闻》报道称，此举旨在强化日本西南诸岛周边的防卫能力。但分析人士指 出，这意味着日本即将完成相关舰艇的航母化改造进程，必将引发周边国家高度警惕。 F-35是由美国洛克希德·马丁公司制造的第五代隐身战机，分为常规型F-35A、短距垂直起降型F-35B和 舰载型F-35C，具有出色的隐形性能和高度机动性。日本航空自卫队总计购买了147架，包括105架F- 35A和42架F-35B。 2018年1月底，日本购买的首架F-35A抵达航空自卫队三泽基地。近期抵达宫崎县新田原基地的是F- 35B，预计将登上"出云"号和"加贺"号护卫舰，这是二战后日本首次拥有舰载战斗机。日本原计划在 2024年度部署F-35B，但因机体软件升级导致交付延迟。 近几十年来，日本处心积虑发展航母。上世纪90年代中期，日本"大隅"级船坞登陆舰首舰"大隅"号下 水，采用全通式甲板构型，舰岛位于右舷，这种类似轻型航母的设计引发邻国关注。 2009年，日本新一代直升机母舰"日向"号服役，满载排水量17 ...

根据市场公开信息及8月21日披露的机构调研信息，知名私募大朴资产近期对4家上市公司进行了调研， 相关名单如下： 1）冰轮环境 （大朴资产参与公司业绩说明会） 调研纪要：2025年上半年公司实现营业收入31.2亿元，同比下滑7%，归母净利润2.66亿元，同比下降 20%，第二季度营收同比转增。总体上国内业务下游需求放缓，短期市场承压，实现营收21亿元；"向 海"战略顺利展开，海外业务显著增长30%，达到10.2亿元。公司提供压缩机和换热装置，覆 盖-271℃-200℃温度区间，产品广泛应用于多个领域，低温制冷板块营收17.3亿元，占比55%，暖通空 调板块营收12亿元，占比39%。顿汉布什公司和冰轮换热技术公司为数据中心提供冷却装备，服务国内 外多个数据中心项目，2024年7月推出升级版IDC专用新产品。公司研发核岛冷却、核能供热等技术， 服务多个核电站，拥有丰富的国内外案例，旗下顿汉布什公司是全球核岛制冷机服务商。公司贯彻双碳 战略，推出"工业全域热控综合解决方案"，实现余能高效收集与集约利用，拓展热泵应用场景。公司抽 调国内精干工程师增强海外技术力量，推进海外销售网络属地化建设，提升海外制造基地产能。 2） ...

Group 1 - The stock of Chengfei Integration reached the daily limit, with a turnover rate of 13.01% and a transaction amount of 2.025 billion yuan, showing a fluctuation of 7.36% [1] - The stock was listed on the Shenzhen Stock Exchange's daily limit deviation list due to a deviation of 10.20%, with net purchases from the Shenzhen Stock Connect amounting to 8.6584 million yuan [2] - The top five trading departments accounted for a total transaction of 541 million yuan, with a net sell of 144 million yuan [2] Group 2 - In the past six months, the stock has appeared on the daily limit list 12 times, with an average price increase of 4.74% the next day and an average increase of 7.22% over five days [3] - The stock experienced a net outflow of 50.5709 million yuan in main funds today, with large orders contributing to a net outflow of 34.5645 million yuan [3] - The latest margin trading data shows a total margin balance of 440 million yuan, with a financing balance of 439 million yuan and a margin balance of 802,400 yuan [3]

格隆汇8月20日｜成飞集成(002190.SZ)今日涨停，换手率18.42%，成交额25.98亿元。龙虎榜数据显示， 深股通净卖出2822万元；国泰海通证券上海静安区新闸路位列买一席位，净买入1.03亿元；游资"佛山 系"位列买二席位，净买入1.01亿元；"宁波桑田路"位列买四席位，净买入7937万元。(格隆汇) | 关入金额最大的前5名 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 | 交易营业部名称 | | | 买入金额(万) | 占息成交比例 | 卖出金额(万) | 占息成交比例 | 净额(万)2 | | 1 | 国泰海通证券股份有限公司上海静安区新闻路证券营业部 | 167次 56.29% | 0 | 10285,58 | 3,96% | 20.34 | 0.01% | 10265 25 | | 2 | 国泰海道亚游股份有限公司三亚迎宾路证券型业部 | 377 37.84% | b | 10199.75 | 3.93% | 80.64 | 0.03% | 10119.11 | | 3 | 深 ...

Group 1 - Chengfei Integration (002190.SZ) experienced a limit-up increase today with a turnover rate of 18.42% and a transaction volume of 2.598 billion yuan [1] - The net selling by the Shenzhen Stock Connect amounted to 28.22 million yuan, while major buying positions included Guotai Junan Securities with a net purchase of 103 million yuan and the "Foshan system" with a net purchase of 101 million yuan [1] - The top five trading departments accounted for a significant portion of the total transaction volume, with Guotai Junan Securities in Shanghai's Jing'an District leading with a purchase amount of 102.86 million yuan, representing 3.96% of the total transaction [1] Group 2 - The trading data indicates that the top five buying departments collectively accounted for 17.14% of the total transaction volume, with a total purchase amount of 445.29 million yuan [2] - The Shenzhen Stock Connect was involved in 583 transactions, contributing to 3.49% of the total transaction volume [2] - Other notable trading departments included Ping An Securities and Guotai Junan Securities in Shenzhen, with respective purchase amounts of 2.78 million yuan and 0.54 million yuan [2]