Market Overview - The three major indices rebounded this week, with the Shanghai Composite Index rising by 0.37%, the Shenzhen Component Index increasing by 1.26%, and the ChiNext Index up by 1.86% [1][18]. Sector Performance - Active sectors this week included commercial aerospace and food stocks, which showed significant movement [1][18]. Top Gainers - The top-performing stocks included: - Jiarong Technology, which surged by 67.18% and reached new highs during the week [20][21]. - Other notable gainers included Zhaobiao Co. (up 58.43%), Haiwang Biological (up 55.59%), Aerospace Development (up 52.26%), and Anji Food (up 50.23%) [20][21]. Top Losers - On the downside, 93 stocks fell by more than 10%, with *ST Lifang leading the decline at -48.21% [4][20]. - Other significant losers included Binhai Energy (down 25.82%), Langchao Software (down 20.91%), and Yunzhu Technology (down 20.19%) [4][20]. Trading Activity - A total of 64 stocks had a turnover rate exceeding 100%, with Beilong Precision leading at 228.83% [6][22]. - The sectors with high turnover rates included defense, machinery, and computers [6][22]. Capital Flow - The metals, building materials, and coal sectors attracted significant capital inflows, with the non-ferrous metals sector seeing a net inflow of 5.94 billion yuan [8][24]. - C China Uranium received the highest net inflow at 36.54 billion yuan, followed by Tianfu Communication (26.74 billion yuan) and BOE Technology (18.05 billion yuan) [8][24]. Institutional Research - Jiarong Technology was the most researched stock this week, with 187 institutions participating in its survey [12][28]. - Other companies receiving attention included Tianhua New Energy and Sanxia Tourism, each with over 50 institutions involved [12][28]. New Institutional Interests - Institutions showed first-time interest in 45 stocks this week, with 10 stocks receiving target prices [30][31]. - Notable mentions include Rongqi Technology, rated "Buy" with a target price of 96.11 yuan, and Danah Biotechnology, also rated "Buy" with a target price of 102 yuan [31][32].

多图速览>> 本周（12月1日至5日）三大指数均反弹，沪指累计上涨0.37%，深证成指累计涨1.26%，创业板指累计涨1.86%。板块方面，商业航天、食品股周内走势活 跃。 ►牛熊股：5股累计涨幅超50%，最牛股周内股价屡创新高 Wind数据显示，本周共有14只个股涨幅30%。涨幅最大的是环保股嘉戎技术，本周累计上涨67.18%，周内股价屡创新高；招标股份、海王生物、航天发 展、安记食品本周累计涨幅均在50%以上。 跌幅榜中，本周累计下跌的个股中，93股跌幅在10%以上，*ST立方一周累计跌48.21%，居首；滨海能源、浪潮软件和昀冢科技累计跌幅均超20%。 | 证券简称 | 周涨跌幅 | 证券简称 | 周涨跌幅 | | --- | --- | --- | --- | | 嘉戎技术 | 67.18% | *ST立方 | -48.21% | | 招标股份 | 58.43% | 滨海能源 | -25.82% | | 海王生物 | 55.59% | 精创电气 | -24.79% | | 航天发展 | 52.26% | 浪潮软件 | -20.91% | | 安记食品 | 50.23% | 昀冢科技 | -20.19% ...

Market Overview - The three major stock indices collectively rose, with total market turnover exceeding 1.74 trillion yuan, an increase of over 170 billion yuan compared to the previous trading day [1] - Over 4,300 stocks closed higher, with 80 stocks hitting the daily limit up [1] - For the week, the Shanghai Composite Index rose by 0.37%, the Shenzhen Component Index by 1.26%, and the ChiNext Index by 1.86% [1] Weekly Top Gainers - More than 2,200 stocks rose this week, with 43 stocks increasing by 20% or more [2] - The biggest gainer was environmental stock Jiarong Technology, which rose by 67.18% [2] - Other notable gainers included Zhaobiao Co., Haiwang Bio, Aerospace Development, and Anji Food, all with gains exceeding 50% [2][3] Weekly Top Losers - Among the stocks that declined, 93 stocks fell by more than 10%, with *ST Lifang leading the decline at 48.21% [4] - Other significant losers included Binhai Energy, Inspur Software, and Yunzhu Technology, each with declines exceeding 20% [4][5] Institutional Activity - Institutions were net buyers in 60 stocks, with 12 stocks seeing net purchases exceeding 100 million yuan [6] - Beijing Junzheng topped the net buying list, with a net purchase of 250.78 million yuan and a weekly increase of 15.15% [6][8] - Conversely, institutions net sold 5 stocks with amounts exceeding 100 million yuan, led by Tongqinglou with a net sale of 202.25 million yuan [9][10] Sector Performance - The electronics sector had the highest number of stocks with gains over 20%, followed by light industry manufacturing, mechanical equipment, and electric power equipment [2] - The top-performing stocks in the electronics sector included Junya Technology and Longzhou Co., both with significant weekly increases [3] Notable Announcements - Baiwei Storage reported a reduction of 464,600 shares by the National Integrated Circuit Fund during a specified period [13] - Superjet Co. announced a reduction of 980,000 shares by its controlling shareholder [14] - Hengyin Technology signed a cooperation agreement to focus on the domestic GPU application [16]

Market Overview - In November, A-shares and Hong Kong stocks experienced a trend of high-low switching, with the ChiNext Index down 4.23% and the Hang Seng Tech Index down 5.23%[5] - The market's focus shifted towards defensive sectors as funds moved from high-valuation growth stocks to low-valuation cyclical stocks and dividend assets[5] Investment Strategy - December's market is expected to maintain an upward trend, with a short-term oscillating structure anticipated[5] - Key events include the Central Economic Work Conference and various industry conferences that may create investment opportunities[5] Key Investment Themes - Focus on "anti-involution" policies which are expected to improve industry performance, particularly in resource sectors benefiting from rising commodity prices[5] - Emphasis on overseas expansion themes, with Chinese high-end manufacturing expected to gain market share globally[5] Recommended Stocks - Zijin Mining (601899.SH) projected EPS growth from 1.21 in 2024 to 2.83 in 2027, with a PE ratio decreasing from 23.62 to 10.10[7] - Electric Power Investment (002128.SZ) expected to see EPS rise from 2.38 in 2024 to 2.75 in 2027, with a PE ratio decreasing from 10.9 to 9.45[27] Financial Performance - Zijin Mining's revenue is projected to grow from 303.64 billion yuan in 2024 to 381.84 billion yuan in 2027, with a net profit increase from 32.05 billion yuan to 75.22 billion yuan[18] - Electric Power Investment's revenue is expected to increase from 298.59 billion yuan in 2024 to 371.25 billion yuan in 2027, with net profit rising from 5.34 billion yuan to 6.17 billion yuan[27] Risk Factors - Risks include unexpected policy changes, underperformance in commercialization, and slower-than-expected product development[5]

三环资产中部分资产原产权属于公司控股股东郑州公用事业投资发展集团有限公司（简称"公用集团"） 的全资子公司郑州公用润城水利有限公司（简称"润城水利"）。2025年11月17日，根据《郑州市政府国 资委关于三环再生水管线资产无偿划转的批复》（郑国资〔2025〕33号）以及签订的《三环再生水管线 资产无偿划转协议》，三环资产无偿划转至郑州市城市管理局（简称"郑州市城管局"）；2025年11月18 日，根据《郑州市城市管理局关于再生水输配设施资产划转的通知》，郑州市城市管理局将前述资产划 转至市政设施中心。本次无偿划转时间较短，因公用集团为公司控股股东，润城水利属于公司关联方， 基于谨慎性原则，若公司成功摘牌，本次交易将构成关联交易。 格隆汇12月5日丨中原环保(000544.SZ)公布，公司拟通过公开摘牌方式收购郑州市市政设施事务中心 （简称"市政设施中心"）所持有的郑州市三环再生水管线资产（简称"三环资产"）、郑州市四环再生水 管线资产（简称"四环资产"）（两者合称为"标的资产"）。市政设施中心已将上述资产于郑州市公共资 源交易中心进行对外公开挂牌转让，公司能否成为最终受让方及最终受让价格均存在不确定性。202 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300867 | 圣元坏保 | 23.19 | -6.23% | 33.27万 | 7.671Z | | 600217 | 中再资环 | 4.36 | -4.18% | 79.62万 | 3.47 Z | | 301127 | 武汉天源 | 14.80 | -1.92% | 1 6.40万 | 9480.37万 | | 000685 | 中山公用 | 12.25 | -1.92% | 1 34.89万 | 4.27亿 | | 301068 | 大地海洋 | 28.89 | -1.73% | 9300.9 | 2690.98万 | | 002778 | 中晟高科 | 20.96 | -1.27% | 5.47万 | 1.16亿 | | 600168 | 武汉控股 | 5.29 | -1.12% | 20.82万 | 1.10亿 | | 603759 | 海天股份 | 10.60 | -1.12% | 12.04万 | 1.28亿 | | 300961 ...

12月3日，亚邦股份（603188.SH）发布公告称，其持股15%的参股公司江苏仁欣环保科技有限公司（以 下简称"仁欣环保"）已收到江苏省灌南县人民法院送达的《民事裁定书》，法院裁定受理仁欣环保破产 清算申请。 破产清算 公告披露，此次破产清算申请由债权人灌南诚挚化工设备销售有限公司（以下简称"诚挚化工"）提出。 据悉，诚挚化工对仁欣环保享有22.92万元到期债权，经法院强制执行后未获任何清偿，而仁欣环保当 前财产已不足以清偿全部债务，符合《企业破产法》规定的破产清算情形，灌南县人民法院据此裁定受 理该申请，并确认对本案具有管辖权。 仁欣环保成立于2015年1月，注册资本1亿元，经营范围包括环保科技研发，处理利用废硫酸、废盐酸， 生产工业硫酸镁、工业氯化镁、工业盐等。亚邦股份持有仁欣环保15%股权。 根据法院指定，江苏公善民律师事务所担任仁欣环保破产管理人，李传斌为管理人负责人。按照破产清 算程序要求，仁欣环保的债权人需于2026年1月10日前向管理人申报债权，未按期申报者可在破产财产 分配方案提交债权人会议讨论前补充申报；灌南县人民法院定于2026年1月16日上午9时30分在第二审判 庭召开第一次债权人会议 ...

博世科（300422）(300422.SZ)公告，公司近日收到深圳证券交易所出具的《关于受理广西博世科环保 科技股份有限公司向特定对象发行股票申请文件的通知》，深交所对公司报送的向特定对象发行股票的 申请文件进行了核对，认为申请文件齐备，决定予以受理。 ...

【环球时报驻法国特约记者 邵琦 董铭 环球时报记者 白云怡 褚大业】4日上午，国家主席习近平在北京人民大会堂同来华进行国 事访问的法国总统马克龙举行会谈。习近平强调，无论外部环境如何变化，中法两国都应当始终展现大国的战略眼光和独立自 主，在彼此核心利益和重大关切问题上相互理解和支持，维护好中法关系的政治基础。马克龙表示，法中保持密切高层交往， 始终相互信任、相互尊重。法方重视对华关系，坚定奉行一个中国政策，愿持续深化法中全面战略伙伴关系。会谈后，两国元 首共同见证签署核能、农食、教育、生态环境等领域多项合作文件。法国《费加罗报》将马克龙此访形容为一次"至关重要的战 略性访问"。随代表团访华的法国苏伊士集团首席执行官夏弘业4日接受《环球时报》记者采访时表示，此次中法高层交流体现 出两国合作的持久活力与巨大潜力，也彰显国际合作在应对全球范围内一些挑战方面的关键作用。接受《环球时报》记者采访 的专家表示，马克龙此访传递出两国关系保持稳定、在合作方面存在连续性的信号。 " 中法都是有远见、有担当的独立自主大国 " 习近平在会谈中指出，中法都是有远见、有担当的独立自主大国，是推动世界多极化、促进人类团结合作的建设性力量 ...

机构：华福证券 研究员：尚硕 高筑墙，广积粮：CCUS 技术是基于我国资源禀赋实现碳中和的必要途径，当前我国CCUS 产业发展正 处于早期阶段，技术发展还面临着技术成熟度不高、成本竞争力较低和工程示范水平不足的问题。截至 2024 年11 底，我国已投运和规划建设中的CCUS 示范项目超120 项，CO2 捕集能力达600 万吨CO2/ 年。低成本、低能耗的新一代碳捕集技术呈现快速发展态势，正由中试逐步向工业示范过渡。2025 年9 月，由大唐环境公司牵头，联合清华大学等开发的"20MWth 化学链燃烧发电成套装备"正式入选能源领 域首台（套）重大技术装备名单，本项目在国际上率先开展首台20MWth 煤/生物质化学链燃烧发电工 业示范，进行全链条系统化建设，突破化学链燃烧工业放大难题，填补国际上化学链燃烧发电的技术空 白，实为"国之重器"。 盈利预测与投资建议：随着脱硝催化剂行业弹性释放，特许经营业务稳步运营，碳捕捉技术推广应用。 我们预测25-27 年公司营收分别为57.05亿元、57.67 亿元、58.66 亿元，归母净利润分别为5.69 亿元、 6.34 亿元、6.67 亿元，对应PE 分别为5.6/5 ...