登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601222 证券简称：林洋能源 公告编号：临2026-03 江苏林洋能源股份有限公司 第六届董事会第五次会议决议公告 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、准确性和完整性承担法律责任。 江苏林洋能源股份有限公司于2026年2月7日在江苏省启东市林洋路666号公司会议室，以现场结合通讯 表决方式召开第六届董事会第五次会议。本次会议通知于2026年2月2日以电话、电子邮件等方式送达全 体董事，于2026年2月6日发出增加议案的补充通知，并取得全体董事的认可按期召开会议。本次会议应 参加董事7人，实际参加7人，公司高级管理人员列席会议，会议由董事长尹彪先生召集和主持，会议的 通知和召开符合《公司法》、《公司章程》及《董事会议事规则》的有关规定。经与会董事认真审议并 表决，通过了以下决议： 一、审议并通过了《关于注销已回购股份的议案》 基于对公司未来持续稳定发展的信心和对公司长期价值的认可，为切实维护广大投资者利益，进一步增 强投资者信心，结合公司实际情况，公司拟将存放于回购专用证券账户中尚未 ...

Core Viewpoint - Shanghai is launching a three-year action plan (2026-2028) to support the transformation and upgrading of advanced manufacturing, aiming to add 100 manufacturing enterprises with an annual output value exceeding 1 billion yuan by 2028, totaling over 600 [2] Group 1: Investment and Growth Targets - By 2025, industrial investment in Shanghai is expected to grow by 20.0%, surpassing the national growth rate of 17.4%, with manufacturing investment increasing by 22.8%, higher than the national rate of 22.2% [2] - The action plan aims to drive the establishment of 500 new large-scale industrial enterprises along the industrial chain [2] Group 2: Strategic Paths for Industry Optimization - The action plan outlines three strategic paths: 1. "Optimize and Upgrade" traditional advantageous industries such as petrochemicals and steel [3] 2. "Strategic Leadership" for leading industries like integrated circuits and biomedicine [3] 3. "Promote Growth" for key and emerging industries, including new electronic information and intelligent connected vehicles [3][4] Group 3: Innovation and Technology Development - The plan emphasizes enhancing corporate innovation capabilities, encouraging increased investment in basic research, and providing financial support based on investment levels [4][5] - Focus on breakthrough technologies in laser manufacturing and new energy, as well as core technologies in integrated circuits and high-end equipment [4] Group 4: Digital Transformation and Smart Manufacturing - Shanghai aims to deepen digital transformation through initiatives like "AI + Manufacturing," promoting the application of AI technologies in production processes [4] - By 2028, the goal is to achieve full coverage of smart factories among large enterprises, with a robot density of 600 units per 10,000 people and a digitalization level of over 70% for smart manufacturing equipment [4] Group 5: Elemental Support and Financial Services - The action plan includes strengthening support for talent, space, and funding, with a focus on optimizing financial services for the manufacturing sector [5] - Financial institutions are encouraged to offer lower interest rates and longer-term loans for manufacturing enterprises [5] Group 6: Long-term Development Strategy - The action plan is seen as a long-term strategy for cultivating new productive forces and building new advantages for high-quality development in Shanghai [6] - It aims to create a robust industrial growth engine, enhance the innovation system led by enterprises, and improve the support system for manufacturing development [6][7]

Core Viewpoint - The article discusses the impending global economic shifts, including de-dollarization, the rise of AI, and the cyclical nature of economic trends, predicting significant inflation and subsequent monetary tightening by 2026 [2][4][5]. Group 1: Economic Cycles - The article emphasizes the end of a century-long economic cycle, marked by the disintegration of the old order and the emergence of new challenges such as income inequality, populism, and geopolitical tensions [6][12]. - It highlights the fourth technological revolution driven by AI, which is expected to lead to substantial capital expenditure in new infrastructure and reshape wealth distribution and national power [6][18][19]. Group 2: Real Estate Market - The real estate sector is entering a phase of differentiation, with a predicted 20% of the population moving to core cities while 80% in lower-tier cities face prolonged declines [7][21]. - The article forecasts that 2026 will see a stabilization in the real estate market, contingent on policy support such as relaxed purchase restrictions and lower interest rates [22][23]. Group 3: Capacity Cycle - The capacity cycle is undergoing a transition, with traditional industries facing capacity reduction while new productive forces, particularly AI, drive large-scale infrastructure investments [24][27]. - The article notes that the capacity cycle has reached a turning point, with improvements in supply-demand dynamics and a recovery in prices and corporate profits expected [25][29]. Group 4: Inventory Cycle - The inventory cycle is transitioning from passive destocking to active restocking, although the recovery is expected to be weak due to ongoing industry differentiation and external uncertainties [29][30]. - The article anticipates a potential exit from deflation in 2026, driven by factors such as anti-involution policies and external inflationary pressures [30][31]. Group 5: Debt Cycle - The article discusses the ongoing challenges in the debt cycle, particularly the need for households to repair their balance sheets while new productive enterprises increase leverage [34][35]. - It emphasizes the necessity for fiscal and monetary policy adjustments to support new productive forces and stimulate economic recovery [39][41]. Group 6: Policy Outlook - The article outlines five key policy areas for 2026, including maintaining a moderately loose monetary policy, proactive fiscal measures, and supportive real estate policies aimed at stabilizing the market [46][48]. - It suggests that the focus will shift from merely preventing overheating in the real estate market to encouraging sustainable growth and addressing housing affordability [48][49]. Group 7: Asset Class Outlook - The article predicts a "confidence bull market" in the stock market, driven by technological advancements and a favorable policy environment, with a focus on sectors like AI, semiconductors, and renewable energy [51][52]. - It also anticipates a significant year for commodities, with expectations of rising prices due to de-dollarization and increased demand from the AI sector [53][54].

以下文章来源于泽平宏观商学 ，作者泽平宏观商学 泽平宏观商学 . 前沿科技企业实战研学 读万卷书行万里路 2025 年 12 月 用心打造最有品质的实战研学。读万卷书，行万里路。把教室搬到世界上最优秀的企业， 请最优秀的企业家和科学家讲课。顺势而为，把握机遇。正心正念，坚持做长期正确的 事！ 我们期待与更多的企业家朋友们携手同行，共赴 2026 实战研学之旅！ 泽 ZEP 平 INGM 宏 ACR 观 O RE 商 SEAR 学 CH 11月4日-11日 洛杉矶、拉斯维加斯、旧金山 CES、英伟达、特斯拉 谷歌、罗宾汉、playground 斯坦福大学、伯克利大学 3月27日-28日 苏州 追觅科技、魔法原子、灵猴机器人 闭门投研会-2026 Al 的中国力量(一) 3月29日 上海 长三角校友会 4月20日-21日 香港 2026 香港 Web3 嘉年华 复星财富、HashKey、港交所 5月22日-23日 1151 11:47:50 深圳 华为、新凯来、江波龙、莫界科技 闭门投研会—2026 Al 的中国力量(二) 6月26日-27日 1-6月日程安排 · 2月27日 北京 国内头部智驾科技企业 人形机器 ...

本周各家券商策略分析师讨论的焦点在于是否持股过节，整体偏向乐观。 华西策略李立峰团队也指出，可稳步备战节后"红包"行情。 其复盘2017-2025年，万得全A春节后10个交易日平均涨幅3.3%，春节前10个交易日平均跌幅-1.3%，多数年份节后表现优于节 前。从胜率角度看，近九年万得全A春节后5个交易日、春节后10个交易日胜率分别为78%、78%，相较春节前胜率有明显抬升； 行业层面，31个申万一级行业中28个节后胜率高于节前，TMT指数在春节后5个交易日、10个交易日的胜率分别为89%、100%， 相比节前有明显提升，指向科技板块通常在节后阶段表现较好，弹性更足。 银河策略杨超团队称，A股市场上行动能仍较强，春节后上涨概率或大幅提升，"持币"虽可锁定确定性收益，但极有可能部分失 去节后上涨带来的超额收益。以2016年至2025年间历 史规律看，春节前，资金偏好向高股息、消费、防御板块集中，大盘风格表现占优，随着春节将至，A股市场逐步修复回暖，或 出现"节前躁动"；春节后，A股市场上涨概率较大，资金转向小盘风格，周期风格和成长风格表现更优。 广发策略刘晨明团队指出，目前4000点左右的位置，占据天时地利人和。 ...

Core Viewpoint - Xu Xiaonian emphasizes the importance of market regulation and warns against excessive government intervention in high-end industries, suggesting that if policymakers had heeded his advice, China might have lagged significantly in sectors like high-speed rail and semiconductors [1][5][8]. Group 1: Xu Xiaonian's Background and Views - Xu Xiaonian, born in 1953, has a diverse educational and professional background, including a PhD in economics and experience at institutions like the World Bank and Merrill Lynch [2]. - He advocates for a cautious approach to industrial development, arguing that China's industrial base is weak and that rushing into high-end products could lead to inefficiencies and debt accumulation [5][7]. Group 2: Economic Development and Government Intervention - Xu has consistently warned about the risks of over-investment in high-speed rail and other technologies, suggesting that market forces should determine the pace of development [5][8]. - The Chinese government has shifted towards a focus on high-quality development and financial risk control, indirectly addressing Xu's concerns [7][8]. Group 3: Successes of China's Strategic Approach - China's high-speed rail network has expanded significantly, reaching 45,000 kilometers by 2023, accounting for 70% of the global total, which has boosted economic efficiency and reduced logistics costs [8][13]. - The electric vehicle market has seen rapid growth, with China accounting for 60% of global sales in 2023, demonstrating the effectiveness of government subsidies and strategic planning [8][13]. - In the solar energy sector, China has become a global leader, with 85% of solar module exports in 2023, showcasing the benefits of state support for research and development [8][13]. Group 4: Balancing Market Forces and State Strategy - The debate between market-driven approaches and state intervention continues, with Xu's views serving as a cautionary reminder against dogmatism in economic policy [15]. - The Chinese model illustrates that strategic investment and market mechanisms can coexist, leading to significant advancements in various industries [13][15].

Core Viewpoint - The article discusses the strategies for investors in the last trading week before the Spring Festival, highlighting the mainstream recommendation of "holding stocks over the holiday" based on historical "Spring Festival effect" analysis and current economic expectations [1][5]. Market Trends and Historical Analysis - A-shares typically exhibit a "calendar effect" around the Spring Festival, characterized by "volume contraction before the festival and expansion afterward" [2][3]. - Historical data indicates that market volume usually starts to decline from T-8 days (T being the day of the festival), with significant volume drop observed around February 4, 2026, where trading amounts fell below 2.5 trillion yuan [2]. - The market tends to rebound in the last five trading days before the festival, with a clear upward trend often continuing until about T+6 days after the festival [2]. Fund Behavior and Market Dynamics - The "down then up" pattern of the index is attributed to risk-averse behavior of funds during the holiday, leading to a temporary market decline before a rebound as investors anticipate the "Spring Festival effect" [3]. - The rotation of large-cap and small-cap stocks is notable, with large-cap stocks performing better before the festival and small-cap stocks gaining an advantage afterward [3][4]. Investment Strategies and Recommendations - Multiple brokerage firms suggest a balanced approach to investment, emphasizing "stable allocation" before the festival and a focus on growth and industry trends afterward [8]. - Specific sectors such as low-volatility, high-dividend stocks in banking and consumer sectors are expected to attract funds during the pre-festival period [8]. - The technology sector remains a long-term consensus for investment, with a focus on AI applications, high-end manufacturing, and new energy post-festival [8]. Sector Focus and Future Outlook - Analysts recommend monitoring sectors that may experience marginal changes during the festival, including humanoid robots, AI industry chains, and gaming [9]. - The overall sentiment suggests that the market may see renewed upward momentum post-festival, driven by improved economic and profit expectations, as well as a favorable liquidity environment [6][7].

智通财经APP获悉，国信证券发布研报称，当前仍处牛市氛围中，历史上牛市春季行情期间指数往往具备20%左右的涨幅空间。而2025/12/17以来的上证 指数的最大涨幅为9.8%，与历史相比上涨时空差距仍较大，本轮春季行情或仍有进一步演绎的空间，短期持股过节策略或相对更优。从中长期的视角 看，未来随着宏微观基本面的修复由点到面扩散，配合居民资金入市，2026年A股牛市有望走向后半场。结构上均衡配置，科技中重视AI应用，关注周期 和白酒地产。 春节前成交清淡，节后通常能逆转，春节前后A股上涨概率大。由于春节假期A股休市较长，部分投资者为规避海外市场波动等可能发生的不确定事件， 市场交投热度往往下滑。2005-2025年间，春节前一周A股成交金额较前周平均缩量4.0%。而节前的清淡交易在节后往往得到逆转，春节后一周A股成交额 较春节前一周平均放量22.3%。不过春节前后A股上涨概率均较高，其中春节前一周上证指数上涨概率为81%、涨幅均值为1.8%，节后一周上涨概率为 76%、涨幅均值也有1.3%。 春节前后成长价值风格表现均衡，大盘和小盘分别在节前、节后占优。风格层面，我们分别以国证成长、国证价值作为成长价值风格的代 ...

一、复牌、停牌 1、龙韵股份：拟以发行股份方式购买愚恒影业58%股权，股票复牌。 2、瑞立科密：拟发行股份购买武汉科德斯16%股权，股票停牌。 3、永太科技：拟购买永太高新25%股权，宁德时代将成为公司股东，股票停牌。 二、并购、重组 1、晶合集成：拟20亿元取得晶奕集成100%股权；晶奕集成是晶合集成四期项目的建设主体。 2、沙河股份：拟2.74亿元购买晶华电子70%股权；标的公司主营业务为物联网领域智能显示控制器、 液晶显示器件等产品研发。 3、壹网壹创：拟发行股份及支付现金购买联世传奇100%股权；标的公司是一家以AI算法为核心的全域 智能营销服务商。 4、杉杉股份：控股股东及其子公司签署重整投资协议；若重整成功，公司实际控制人将变更为安徽省 国资委。 三、股权转让、增持 1、东望时代：控股股东拟公开征集转让6%股份。 2、康泰生物：股东袁莉萍拟向华宝万盈私募基金转让2%。 1、沪硅产业：拟签订采购30.45亿元电子级多晶硅框架合同。 2、东田微：拟投资4亿元建设全球研发中心及华南制造总部项目 主要从事研发光通信精密光学元器件 等。 3、震裕科技：拟在泰国投资建设年产1500万件精密传动部件生产制造基地 ...

产业深度 [table_Header]2026.02.08 四大增长极经济与产业洞察报告（2025）——粤港澳篇 产业研究中心 摘要：聚焦四大增长极之粤港澳 2025 年产业结构，解构产业生态新格局 | [Table_Authors] | 周洪荣(分析师) | | --- | --- | | | 021-23185837 | | | zhouhongrong@gtht.com | | 登记编号 | S0880525040006 | | | 程之佩(研究助理) | | | 021-00000000 | | | chengzhipei@gtht.com | | 登记编号 | S0880125044352 | [Table_Report] 往期回顾 四大增长极经济与产业洞察报告（2025）——京 津冀篇 2026.02.05 AI 时代的热管理革命：从液冷系统看冷却液的发 展趋势 2026.01.27 通航动力产业深度：国产替代，道阻且长——低 空经济系列（九） 2026.01.19 【深度】2026 年 A 股并购市场投资展望 2026.01.08 加速与应用——2025 年全球人工智能技术、政 策、产业与投融资 ...