重塑能源有关负责人表示，公司积极响应构建绿色航运体系、发展清洁能源船舶的政策导向，持续加强 产业协作。今年以来，重塑能源已先后与钦实集团、中船集团等相关方建立合作，致力于围绕船舶运营 的实际需求，打造高性能、高可靠性的船用氢燃料电池系统及整体解决方案。各方将通过合作，共同探 索氢能技术在船舶领域的标准化与规模化应用路径，为航运业的绿色低碳转型提供支持。 中化新网讯 近日，在河北邯郸举办的"2025中船集团氢能日"活动上，重塑能源集团与中国船舶集团旗 下武汉氢能与燃料电池产业技术研究院有限公司签署关于合作开发船用氢燃料电池系统的协议。 根据协议，双方将整合各自在氢能领域和船舶工程领域的技术与资源优势，在产品联合开发与市场协同 拓展方面开展深入合作。本次合作旨在推动船用氢燃料电池系统的技术研发与工程化应用，促进氢能技 术的多元化与规模化发展，共同构建氢能产业新生态。 ...

Core Viewpoint - The 2025 China International Maritime Technology Conference and Exhibition showcased advancements in alternative fuel technologies, highlighting China's commitment to green maritime solutions [1] Group 1: Event Highlights - The exhibition featured the inaugural Energytec Future Energy Zone, focusing on hydrogen, ammonia, and methanol as alternative fuels [1] - China Shipbuilding Group's 711 Institute launched the "Qiyao" marine engine series, receiving the world's first principle recognition certificate for ammonia-hydrogen fuel engines from China Classification Society [1] - China Ship Power Group introduced the X82DF-E multi-fuel main engine, the world's first of its kind, capable of using fuel oil, methanol, or ethanol, with initial orders set for delivery starting in 2027 [1] Group 2: Innovations in Fuel Transport - Jiangnan Shipyard, a subsidiary of China Shipbuilding Group, presented four innovative achievements, including a 20,000 CBM liquid hydrogen transport vessel and a 200,000 CBM ULAC-FSRU (PANDA 200AF) for integrated liquid ammonia storage and regasification [1] - These innovations received principle recognition certificates from Bureau Veritas (BV) [1] - The Wuhan Standard Research Institute of China Classification Society awarded the first domestic principle recognition certificate for a methanol reforming fuel cell system to Haidewei Technology, addressing challenges in hydrogen storage and refueling costs, enhancing vessel endurance and operational efficiency [1]

12月9日，沪深两市主要股指小幅回调。截至9点55分，A500ETF南方(159352.SZ)小幅回调，热门个股 中，胜宏科技涨超5%，中国船舶、中际旭创、新易盛等涨超4%，中兴通讯、恒瑞医药等涨超2%。 消息面上，12月8日，中共中央政治局召开会议，分析研究2026年经济工作。会议总结分析今年经济工 作，对明年经济工作作出一系列重要部署，必将进一步坚定发展信心、凝聚发展共识，有效应对各种冲 击挑战，巩固拓展经济稳中向好势头，为实现"十五五"良好开局打牢基础。 中信证券指出，会议为2026年实现"十五五"良好开局提出若干政策着力方向：一是继续实施更加积极的 财政政策和适度宽松的货币政策，新增"发挥存量政策和增量政策集成效应"，我们预计总量政策或更注 重效能。二是坚持内需主导，预计明年的政策重心也可能逐渐从聚焦供给更多向需求平衡，推动促内需 和惠民生相结合。三是坚持创新驱动，我们建议关注集成电路、工业母机、高端仪器等重点领域的超常 规措施出台。四是坚持改革攻坚，我们预计在统一大市场、畅通公用事业价格疏导、加大民间投资等领 域释放经济活力。 中证A500指数作为覆盖A股新经济龙头的重要宽基指数，行业分布均衡，相比 ...

Core Viewpoint - The article highlights the transition from wooden to steel fishing boats in Liaoning Province, driven by safety concerns and financial support from the Bank of China, which aims to enhance the livelihoods of fishermen and modernize the fishing industry [1][2]. Group 1: Industry Overview - As of the end of 2024, wooden fishing boats account for 71.4% of the total in Liaoning Province, posing significant safety risks due to their inherent limitations in stability and durability [1]. - The "wood to steel" policy is being actively promoted by the provincial agricultural department to modernize the fishing fleet and improve safety [1]. Group 2: Financial Support and Services - The Bank of China Liaoning Branch has tailored financial service plans to support the modernization of fishing boats, engaging with local fishermen and shipyards to provide necessary funding [1][2]. - The bank has increased its credit support, with a current loan balance of 160 million yuan for a local shipbuilding company, making it a leader in the industry [2]. Group 3: Specific Case Studies - A fisherman in Suizhong County faced a funding gap of 2 million yuan for a new steel boat but was able to secure a loan through the "Marine Fishery Catch Loan" program [3][4]. - Since the launch of the loan program in June 2024, the Bank of China has disbursed nearly 100 million yuan to 75 fishermen across five cities, facilitating the purchase and upgrade of fishing vessels [4]. Group 4: Economic Impact - Fishermen have reported significant income increases after switching to steel boats, with one fisherman noting daily earnings of nearly 30,000 yuan from his two steel vessels [5]. - The bank is also fostering cross-industry collaborations to connect fishermen with local restaurants and food service businesses, thereby enhancing market access and income stability for fishermen [5].

Group 1 - The core viewpoint of the news is that the China Shipbuilding sector experienced a significant rise in stock prices, with China Shipbuilding increasing by nearly 5% in early trading on December 9 [1] - Other companies in the China Shipbuilding sector, including China Power, China Shipbuilding Defense, and China Shipbuilding Han Guang, also saw their stock prices rise [1] Group 2 - The news highlights a positive market trend for the China Shipbuilding sector, indicating investor confidence and potential growth opportunities within the industry [1] - The early trading performance suggests a broader bullish sentiment in the sector, which may attract further investment [1]

中船系板块早盘拉升，中国船舶涨近5%，中国动力、中船防务、中船汉光跟涨。 ...

上海证券交易所理事长邱勇表示，一系列创新制度率先在科创板落地，科创板改革效应不断放大。目 前，科创板已汇聚592家科技型企业，总市值超9万亿元，科创板已成为中国硬科技企业上市首选地。 总市值超过100万亿元，投资者信心和预期明显改善，市场韧性和抗风险能力明显增强，今年以来，资 本市场总体稳健活跃，实现了量的合理增长和质的有效提升。 "十五五"规划建议明确了下一阶段资本市场改革发展的方向和目标："提高资本市场制度包容性、适应 性，健全投资和融资相协调的资本市场功能。"业内认为，增强对科技创新的制度包容性，提升上市公 司投资价值，优化"长钱长投"市场生态，更好地发挥资本市场作为资源优化配置平台的核心功能是重要 着力点。 积极发展直接融资 积极发展股权、债券等直接融资，是"十五五"规划建议提出的明确任务，也是提高资本市场制度包容 性、适应性的关键举措。 近年来，证监会以深化科创板、创业板改革为抓手，积极发展多元股权融资，推动完善多层次资本市场 体系，提升对实体企业尤其是优质科创企业的全链条、全生命周期服务能力。今年6月，科创板"1+6"改 革政策推出，在科创板设置科创成长层。7月，存量32家未盈利企业被纳入科创板科 ...

Group 1: Market Overview - The Shanghai Composite Index closed at 3924 points, with a daily increase of 0.54% and a monthly increase of 0.26% [1] - The Shenzhen Composite Index closed at 2499 points, with a daily increase of 1.22% and a monthly increase of 0.81% [1] - Large-cap indices showed a daily increase of 0.84%, while mid-cap and small-cap indices increased by 1.13% and 1.22% respectively [1] Group 2: Industry Performance - The telecommunications equipment sector saw a significant daily increase of 5.96%, with a monthly increase of 12.58% and a remarkable 122.51% increase over the past six months [1] - Other electronic sectors and components also experienced positive growth, with increases of 4.77% and 4.08% respectively in the last day [1] - Conversely, the coking coal sector faced a decline of 1.9% yesterday, with a 6.92% decrease over the past month [1] Group 3: Policy Insights - The Central Political Bureau emphasized the need for better coordination between domestic economic work and international trade struggles, highlighting the importance of internal stability amid external uncertainties [10] - The meeting reiterated the focus on domestic demand, stating that policies will prioritize consumer and investment support to foster economic growth [10] - The "14th Five-Year Plan" was discussed, identifying ten key investment opportunities in future industries, including artificial intelligence, robotics, and aerospace [10][12] Group 4: Company-Specific Developments - China Shipbuilding Group announced a significant cooperation agreement worth approximately 500 billion RMB, involving the construction of various types of vessels [18] - The company reported a substantial increase in new orders, with a 144% month-on-month growth in November [18] - The outlook for the shipbuilding sector remains positive, driven by rising shipping rates and a favorable market environment [18] Group 5: Future Industry Trends - The report suggests that the "14th Five-Year Plan" will focus on advancing future manufacturing, information technology, and energy sectors, with specific attention to strategic resources and innovative pharmaceuticals [10][12] - The integration of the entire lithium battery supply chain is highlighted as a key growth area, with companies like Huayou Cobalt expanding their operations in nickel, cobalt, and lithium [23] - The anticipated growth in demand for clean energy and storage solutions is expected to drive profitability in the lithium sector, with projections for significant increases in production capacity [23]

来源：光大证券微资讯 热点聚焦 HOT 5、中船集团与中国远洋海运集团成了新造船项目签约，金额超500亿元人民币，新造船合作涉及各型船 舶87艘。这是我国船企签订的国内单次合作签约最高金额的订单。 1、12月8日召开的重磅会议分析研究2026年经济工作。会议明确，明年经济工作要坚持稳中求进、提质 增效，继续实施更加积极的财政政策和适度宽松的货币政策。发挥存量政策和增量政策集成效应，加大 逆周期和跨周期调节力度，切实提升宏观经济治理效能。要坚持内需主导，建设强大国内市场；坚持创 新驱动，加紧培育壮大新动能；坚持改革攻坚，增强高质量发展动力活力；坚持对外开放，推动多领域 合作共赢。着力稳就业、稳企业、稳市场、稳预期，推动经济实现质的有效提升和量的合理增长。 2、12月8日，工行、农行相继宣布派发A股现金红利日期，2家银行合计派发A股现金股息约762亿元， 现金红利发放日均为12月15日。据Wind数据统计，截至12月8日，已有24家A股上市银行披露中期分红 方案，其中18家A股上市银行已发布分红派息实施公告。A股上市银行2025年半年度合计派现规模达 2637.91亿元。 3、12月8日晚，中国中冶公告，拟以60 ...

Market Overview - On December 8, 2025, A-shares saw all three major indices rise, with the Shanghai Composite Index closing at 3924.08 points, up 0.54%, the Shenzhen Component Index at 13329.99 points, up 1.39%, and the ChiNext Index at 3190.27 points, up 2.6%. Over 3400 stocks rose, with total trading volume in the Shanghai and Shenzhen markets reaching 2.04 trillion yuan, an increase of 310 billion yuan from the previous trading day [1] - The Hong Kong stock market faced pressure, with the Hang Seng Index falling over 1% to close at 25965.36 points, down 1.23% or 319.72 points, and a total trading volume of 206.23 billion HKD. The Hang Seng China Enterprises Index dropped 1.25% to 9083.53 points, while the Hang Seng Tech Index remained flat at 5662.55 points [1] - In the U.S. stock market, major indices rose for the fifth consecutive day, with the Dow Jones Industrial Average up 0.61% to 47716.42 points, the S&P 500 up 0.54% to 6849.09 points, and the Nasdaq Composite up 0.65% to 23365.69 points [1] New Stock Offerings - One new stock, Yuan Chuang Co., Ltd., is available for subscription today, with no new stocks listed. The offering price is 24.75 yuan per share, with a price-to-earnings ratio of 12.93. The company specializes in the research, production, and sales of rubber track products, including those for agricultural and engineering machinery [2][3] Significant News - China Shipbuilding Group and China Ocean Shipping Group signed a new shipbuilding project contract in Shanghai, exceeding 50 billion yuan, marking the highest single domestic cooperation contract in China's shipbuilding industry. The project involves 87 vessels and aims to enhance cooperation in technology innovation, green low-carbon initiatives, and smart shipping [4] - According to the China Passenger Car Association, retail sales of passenger vehicles in November reached 2.244 million units, a year-on-year decline of 8.5%. However, retail sales for the first eleven months totaled 21.75 million units, an increase of 6.3%. In November, retail sales of new energy passenger vehicles reached 1.321 million units, up 4.2% year-on-year, with total sales for the first eleven months at 11.472 million units, a growth of 19.6% [4]