证券代码：600053 证券简称：九鼎投资 编号：临 2025-037 昆 吾 九 鼎 投 资 控 股 股 份 有 限 公 司 K u n w u J i u d i n g I n v e s t m e n t H o l d i n g s C O . , L t d 2025 年 上 半 年 度 建 筑 业 务 经 营 情 况 简 报 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。 二、本年累计签订项目的数量及合计金额 2025 年度，公司及下属子公司累计新签项目合同 4 项，合计金额为人民币 4,725.7 万元。本年签订项目合同中，土方项目 1 项；装修项目 1 项；机电项目 1 项；市政项 目 1 项。 三、已签约尚未执行的重大项目进展情况 本公司目前无签约尚未执行的重大项目 注：由于存在各种不确定性，上述经营指标和数据与定期报告披露的数据可能存 在差异，因此相关数据为阶段性数据，仅供参考。 特此公告。 昆吾九鼎投资控股股份有限公司 董 事 会 昆吾九鼎投资控股股份有限公司（以下简称"公司"）根据《上海证券交易所 ...

Group 1 - The conference focused on deepening innovation in intellectual property finance, with three main pillars: product release, mechanism construction, and service upgrade [1] - The event aimed to promote intellectual property pledge financing, securitization, insurance, and value assessment products, while signing the "Qin Zhi Loan" special cooperation agreement to provide institutional support for the construction of the intellectual property finance ecosystem [1] - The conference included various sessions such as thematic reports on intellectual property finance, provincial financial policy interpretation, and the release of specialized service products, aiming to build a diversified financial service system [1] Group 2 - The company emphasized the importance of intellectual property as the cornerstone of innovation and financial capital as the lifeblood of the real economy [2] - As a comprehensive investment institution, the company integrates financial capital with the entire intellectual property service chain, supporting the commercialization and industrialization of intellectual property for technology-based enterprises [2] - The company aims to play multiple roles as a resource integrator, value discoverer, and ecosystem builder, while exploring innovative paths for transforming intellectual property into assets, contributing to the development of a knowledge property finance hub in the context of the Belt and Road Initiative [2]

以下文章来源于波波的视界 ，作者给我的赞赏 波波的视界 . 中信系产业基金、清华校友系投资基金，近十年创投经验 来源丨波波的视界（ gh_1d79ccd58a31 ） 图源丨摄图网 为了满足广大读者们的好学和好奇心，我还是抽了一周时间，尽我最大努力把清华系相关的投资机构分类整理了一下，供大家参 考。有错误和疏漏的地方，欢迎大家留言。 清华大学作为中国顶尖高等学府，依托深厚的科研实力、校友资源与产学研转化机制，孕育了庞大且多元的投资机构生态。这些 机构覆盖天使、 VC 、 PE 全投资阶段，聚焦硬科技、医疗健康、新能源等战略领域，形成了 " 学术支撑 + 产业联动 + 资本赋 能 " 的独特体系。以下笔者将分五大类（清华控股及直属机 构、清华——地方共建研究院旗 下投资平台、清华 院系及孵化器关 联投资机构、 清华大学教育基金会 、清华校友系投资机构）分 别来介绍。 清华控股及直 属 机构 2022 年，清华大学无偿将清华控股 100% 股权划转给四川省国资委，而四川省国资委又将清华控股 100% 股权以股权投资方 式投入四川能投，划转完成后，最终由四川能投持有清华控股 100% 股权，清华控股也更名为"天府清 ...

Core Insights - Temasek's investment portfolio net worth reached SGD 434 billion for FY2025, marking an increase of SGD 45 billion from the previous fiscal year, achieving a historical high [1] - The one-year shareholder return rate for Temasek was 11.8%, with 20-year and 10-year annualized returns at 7% and 5% respectively [1] Investment Strategy - Temasek has maintained a long-term investment philosophy, focusing on resilient assets with good cash flow that can withstand market cycles [2] - The company has consistently overweighted Chinese assets, with a slight decrease in the proportion of Chinese assets in the portfolio from 19% to 18%, but the net value of these assets increased by over SGD 4 billion [2][3] Market Outlook - Temasek emphasizes the importance of long-term investment returns over short-term performance, especially in a complex market environment [2] - The company believes that the global trend of globalization will not reverse, and that trade protectionism reflects economic imbalances that need to be addressed [4] Chinese Market Focus - Temasek's investment focus in China includes sectors such as TMT (Technology, Media, and Telecommunications), life sciences, advanced manufacturing, and new consumption [3][5] - The company recognizes the significant shift in Chinese companies' competitive advantages, moving from labor to engineering and now to research and development [3] Consumer Brand Development - Temasek views the rise of new Chinese consumer brands as a significant trend, noting that Chinese products are entering a new era of brand premium [5] - The emotional value of brands is highlighted, with examples of Chinese brands gaining international recognition and establishing a strong market presence [5] Policy Impact on Consumption - Recent macroeconomic policies in China have positively influenced consumer confidence and spending, with direct and indirect effects on consumption [6] - The company notes that a robust capital market and a high-quality development framework are essential for sustaining consumer growth [6] Valuation Perspective - Current valuations of Chinese assets are considered reasonable, with potential for further recovery as corporate fundamentals improve [7] - Temasek continues to invest in early-stage companies, particularly in China, while focusing on quality projects rather than broad diversification [8] Investment Vehicle Development - Temasek established a dedicated team for early-stage investments and launched a private equity fund,淡明资本, to focus on early investments in life sciences in China [8][9] - The fund aims to expand its currency base from USD to RMB, maintaining a strategy aligned with Temasek's investment philosophy [9]

Core Viewpoint - The 2025 Zhongguancun Forum, themed "New Quality Productivity and Global Technology Cooperation," serves as a national platform for global technological innovation exchange and collaboration, promoting efficient transformation of scientific achievements and contributing to the development of the global innovation chain [1][15]. Group 1: Collaborative Development - The Zhongguancun Forum acts as an innovative magnet, attracting numerous partners to create a deep collaborative model [2][8]. - Partners are moving beyond traditional funding models, leveraging their technological expertise to integrate cutting-edge technologies into diverse scenarios at the forum [2][8]. - Key partners like Zhongguancun Development Group and BOE are showcasing new technologies and products, enhancing the synergy between technology and industry [2][4]. Group 2: Financial Support and Innovation - Financial institutions like Beijing Bank and Junlian Capital are providing essential support for technological innovation, creating a robust ecosystem for the development of new quality productivity [4][12]. - Beijing Rural Commercial Bank is offering tailored financial products to support the entire chain from R&D to industrialization [4][12]. - The "Patient Capital+" initiative aims to accelerate the industrialization of technological achievements and support innovative enterprises in overcoming growth bottlenecks [4][12]. Group 3: Value Creation and Regional Cooperation - The forum facilitates communication and collaboration between enterprises and regional economies, creating ample development opportunities [9][11]. - Zhongguancun Development Group has engaged nearly 2,000 innovative entities and facilitated over 80 cooperation intentions through its project reservoir mechanism [9][11]. - Shanxi Province is actively participating in discussions on industrial digital transformation, integrating regional innovation resources [9][11]. Group 4: Strategic Technological Advancements - Companies like BOE and Tern Explorer are leveraging the forum's global network to contribute to national strategic technological initiatives [12][14]. - BOE is focusing on integrating display technology with IoT and digital technology, showcasing numerous innovative products [14]. - Tern Explorer is transforming extreme environment protection technologies into solutions for smart cities and emergency rescue, establishing a pathway for innovation in strategic emerging fields [14]. Group 5: Future Outlook - The Zhongguancun Forum is reshaping the underlying logic of technological collaboration, driven by market forces and ecological co-construction [15]. - The acceleration of globalization is expected to provide broader development space for the forum, enhancing its role as a continuous innovation ecosystem [15].

Group 1 - The company, Qide New Materials (300995), announced the establishment of a partnership fund named Guangdong Yueke Kaiping High-Quality Development Fund Partnership (Limited Partnership) with several investors [1] - The total subscribed capital of the partnership fund is 500 million yuan, with Qide New Materials contributing 25 million yuan from its own funds [1] - Other investors include Guangdong Yueke Venture Capital with a subscription of 1 million yuan, Guangdong New Industry Investment Fund with 174 million yuan, and Kaiping Guocheng Transportation Construction Investment Co., Ltd. with 300 million yuan [1] Group 2 - The partnership fund will focus on investments in high-end equipment manufacturing, biomedicine, new materials, new generation information technology, and key industries in Kaiping City [1]

ADDOR 報送資本 毅达资本 2024-2025年度 ESG报告 ADDOR CAPITAL 2024-2025 ESG REPORT 親向歸 CHAIRMAN MESSAGE 董事长寄语 韧性的力量 这是一场时间之战,也是一场韧性之战。我们必须以更长 远的眼光,看待政策变化、产业变化和行业变化;我们必 将以更坚定的信心,审视自身、发挥优势、布局新的发展。 2024 年对中国创投业而言，是冰火两重天的考验。一方 面,创投的重要性被提升至新高度;另一方面,募投退各 环节面临巨大压力。 在这样的形势下,毅达资本 2024 年仍交出亮眼成绩单: 首次管理省外母基金,投资 84 家创新创业企业,科技领 域占比超 96%,收获 5 家 IPO,非上市退出 101 家创历史 新高，分配资金超 49亿元。 2025 年开年,紧跟政策机遇,毅达资本率先调整组织架 构,新设 AI 投研中心、天使投资事业部、并购与企业服务 事业部、低空投资事业部、数智投资事业部及新一代信息 技术投资事业部。其中,AI 投研中心聚焦 AI 产业布局,挖 掘前沿技术潜力;天使投资事业部将投资触角前移至科 研成果孵化期,精准捕捉早期创新项目,服务新 ...

秦淮区发改委副主任焦宁燕就秦淮区专精特新"小巨人"、培育独角兽、瞪羚企业名单进行发布，充分展现了区域创新活力与产业升级成果。 本次活动以"秦淮聚势，毅启新程"为主题，旨在推动区域产业生态与金融资本深度融合，共话秦淮产业升级与资本赋能新机遇。 秦淮区区长凌向前在致辞中表示，秦淮区是南京主城核心区，始终坚持以建强"创新主阵地"、构筑"产业共同体"为发展主线，白下高新区作为秦淮科创发 展的前沿阵地，近年来通过持续优化营商环境、孵化培育新兴产业，现已集聚一批优质科技企业。此次与毅达资本深化合作，将进一步推动产业生态与金 融资本深度融合，热忱欢迎更多优质企业"落下来"的同时，全力支持区内培育企业"强起来"。助力秦淮在科技创新裂变发展的时代中勇立潮头、抢占先 机。 毅达资本董事长应文禄发表致辞，他表示，秦淮区不仅是金陵文化的精髓，文脉悠长深入人心，同时也是一个产业基础雄厚、创新氛围浓厚的的现代化活 力城区。一直以来，毅达资本都与秦淮区保持着紧密且富有成效的合作，公司在秦淮累计走访尽调超过100家企业，投资了以弘业期货、智仁景行、贝登 医疗等为代表的多家优质企业，并推动6家已投企业在秦淮设立子公司。未来，毅达资本将充分发挥 ...

Group 1 - The concept of stablecoins in the Hong Kong stock market showed strong performance in early trading, with significant gains observed in several companies [1] - Jin Yong Investment surged over 30%, indicating a strong market interest in stablecoin-related investments [1] - Guotai Junan International increased by over 6%, reflecting positive sentiment towards the stablecoin sector [1] - OLS Group experienced a rise of over 5%, further demonstrating the upward trend in the stablecoin market [1]

Core Viewpoint - The recent surge in small-cap stocks in the Hong Kong market, particularly those related to stablecoin concepts, has attracted investor attention despite ongoing market consolidation. The stocks exhibit characteristics such as small market capitalization, concentrated ownership, and a history of low trading activity [1][4]. Group 1: Market Activity - On July 10, stablecoin concept stocks in Hong Kong saw significant gains, with Delin Holdings rising over 70% at one point and closing up 18%. Jinyong Investment experienced a dramatic increase of over 650% on July 8, followed by a sharp decline of nearly 47% on July 9 [2][3]. - Jinyong Investment announced a strategic cooperation framework with AnchorX to explore applications of the AxCNH stablecoin in various financial transactions, including securities and foreign exchange [2][3]. Group 2: Industry Concerns - Industry insiders express skepticism regarding the profitability of the cooperation between Jinyong Investment and AnchorX, citing a lack of transparency in their banking custody and auditing mechanisms. The stability of AxCNH remains unverified, and traditional financial institutions are hesitant to adopt stablecoin settlements [3][4]. - The recent trading activity of several Hong Kong stocks linked to stablecoin concepts has raised concerns about speculative trading, as many of these stocks have small market capitalizations and concentrated ownership, leading to potential manipulation [4][6]. Group 3: Company Profiles - Jinyong Investment, listed since October 2007, has a high ownership concentration, with 69.16% of its shares held in the central clearing system and 95.79% of the top ten brokerage positions. The company has a history of unstable profitability, with a projected pre-tax profit of 72.16 million HKD for 2024, up 53% from 2023 [4][5]. - Puxing Energy, listed in 2009, primarily engages in natural gas power plant operations. As of July 10, its market capitalization was under 700 million HKD, and its stock price had been below 1 HKD for an extended period before the recent surge [5].