教你挖掘基 . 投资理财有方法，我们手把手教你挖掘牛基~ 历史总是在变局中蜿蜒前行。 上周五中央政治局会议对当前经济形势和经济工作的研判，似乎再次印证了这一点。 以下文章来源于教你挖掘基 ，作者挖掘基 在中美经贸博弈持续升级、全球政治经济格局深刻调整、国内经济复苏动能分化的背景下，这场重磅会议既传递 出"办好自己的事"的战略定力，也释放出储备增量政策工具、加强超常规逆周期调节的积极信号。 会议的定调较为明确："我国经济持续回升向好的基础还需要进一步稳固，外部冲击影响加大"。 其背后凸显的核心命题是，在百年未有之大变局的中场，如何通过前瞻布局与主动应对，在风险与机遇的交织中把 握确定性。 01 不确定性时代的确定性锚点 ——政治局会议传递的关键信号 4月的政治局会议被市场称为"直面风浪的航向标"，这恰如其分地勾勒出当前中国经济面临的复杂环境。 这场会议的议题实质上围绕 "底线"与"预案" 两大关键词展开，并直指经济增量的培育。在直面现实挑战的同时， 也为应对不确定性锚定了方向。 | 推进既定政策 | 我们预期的潜在增量政策 | 和域 | 1、城乡居民增收促进行动(工资增长、财产性收入、农民增收、解决 | | | ...

Group 1 - The event "China Industry Geography Ceremony" highlighted the resilience of China's industrial chain amidst global changes, showcasing influential city industry cards that represent the backbone of the economy [1][2] - The ceremony released 80 industry cards, categorizing them into three main themes: "Foundation of a Strong Nation," "Beauty of Life," and "Future Path," each representing key industrial sectors across various cities [2][3] - The evaluation framework for the industry cards is based on a comprehensive system of 28 indicators, focusing on both quantitative and qualitative metrics to assess the industrial strengths of different regions [2] Group 2 - The "Foundation of a Strong Nation" category emphasizes core industries that bolster China's industrial base, with cities like Qingdao, Ningbo, and Changsha recognized for their contributions in smart home appliances, magnetic materials, and engineering machinery respectively [2] - The "Beauty of Life" category highlights cities leading in fashion and lifestyle industries, with Guangzhou, Chongqing, and Quanzhou acknowledged for their modern automotive, motorcycle, and sports industries [2] - The "Future Path" category focuses on cities pioneering in digital economy and high-end manufacturing, with Beijing, Shanghai, and Shenzhen being recognized for their advancements in these sectors [2][3]

Core Insights - The 50th anniversary of diplomatic relations between China and the EU highlights significant achievements in economic and trade cooperation, which is deemed crucial for global economic stability and development [1][2] Economic Cooperation Significance - The complexity of the current international economic landscape emphasizes the importance of China-EU cooperation, which has shown resilience in trade and stable bilateral investments [2] - The shift in investment models from mergers and acquisitions to greenfield investments indicates a growing focus on mutual trust and benefits [2] - China and the EU's economic scale and bilateral trade volume are substantial, making their cooperation vital for enhancing mutual interests and stabilizing global governance [2] Industry Collaboration and Innovation - The chemical industry remains a key area for China-EU cooperation, with predictions that China will contribute 75% of global chemical industry growth by 2030, showcasing the market's potential [4] - Companies like Evonik are expanding production capabilities in China, focusing on strategic industries such as electric vehicles and renewable energy [4] - The collaboration in technology sharing and market synergy between China and the EU can lower costs for global green transitions and promote sustainable development [3][4] Investment Trends - EU investments in China increased by 11.7% from January to March this year, reflecting strong enthusiasm from European companies [5] - Companies like Siemens and Kasei are actively investing in China, with Siemens establishing a new medical base in Shenzhen and Kasei launching a "Dragon Plan" to enhance local investment and innovation in healthcare [5][6] Local Innovation and Market Potential - Companies like Beiersdorf are establishing local innovation centers in China to leverage the market's growth potential and drive global market strategies [6] - L'Oréal is also increasing investments in China, focusing on emerging beauty brands and reinforcing the market's strategic importance within its global operations [6]

老铁们，我是你们的老朋友帮主郑重。干了20年财经记者，见过三次大牛市五次股灾，但最近这行情真是让我这老江湖也直呼"活久见"。 别是数字经济和高端制造这两个方向，可能会有超预期的利好出台。 最后送大家一句话：牛市赚钱是运气，熊市不亏才是真本事。咱们做中长线投资的，要学会在逆风局里修炼内功。记住帮主郑重的铁律：宁可错过，不 要做错；等待，是为了更好的出击。五月的科技赛道，咱们不见不散！ 今天安记食品、国光连锁、国芳集团、中毅达这些前期的强势股说翻脸就翻脸，直接给追高的兄弟们表演了个"高台跳水"；想着低吸的那些算力等科技票 吧，天天阴跌就像钝刀子割肉，抄底抄成股东的感觉。最绝的是那些中位票，热点轮动比窜天猴还快，早盘刚追进去的票，下午就被砸成了"猪头三"，基 本都是盘中富贵，这哪是投资啊，分明是来玩心跳游戏的。 现在网上那些大V都在吐槽，说这行情比2015年股灾还刺激，简直是"多动多错，少动少错，不动不错"。不过帮主我得提醒大家，现在距离四月底还有四 个交易日，咱们得稳住心态。根据我跟踪的私募仓位数据，最近头部机构都在悄悄调仓换股，把高位的题材股往低位科技蓝筹转移。这让我想起2019年 一季度的行情，当时科技股也是 ...

Group 1: Macro Insights - The large-scale tariffs implemented by Trump in early April 2025 led to a surge in consumer purchases in March, resulting in a month-on-month retail growth rate of +1.4%, a significant increase from February's +0.2% [2] - However, this front-loading of consumer demand may lead to a weakening of future retail data, indicating potential risks for upcoming consumption trends [2] Group 2: Industry Research - The real estate sector is identified as the largest driver of domestic demand, with a recommendation for strategic investment in the real estate supply chain, including leading companies such as Beike-W, China State Construction, and major cement and glass producers like Conch Cement and Qibin Group [3] - The report suggests that these companies are positioned well due to the cyclical bottoming and improving profitability, alongside potential policy support [3] Group 3: Oil and Gas Sector - The IEA and OPEC have lowered their oil demand forecasts for 2025, yet there is a strong outlook for the "three oil giants" (China National Petroleum, Sinopec, and CNOOC) due to their low valuations, high dividends, and resilient performance [4] - The report also highlights opportunities in domestic substitutes for semiconductor materials and panel materials, as well as in the pesticide and fertilizer sectors [4] Group 4: Company-Specific Analysis - For Shida Shenghua, the report anticipates a decline in profitability for 2024 due to the low demand in the lithium battery sector, with net profits projected to drop significantly in 2025 and 2026 [5] - Despite this, the company is expanding its production capacity for electrolyte products, which may provide growth opportunities in the future [5] Group 5: Coal Industry - Lu'an Environmental Energy is recognized as a leading producer of injection coal, with a strong business model and high elasticity, despite current coal price declines [7] - The projected net profits for 2024-2026 are 2.62 billion, 2.14 billion, and 3.03 billion yuan, respectively, with corresponding EPS of 0.87, 0.71, and 1.01 yuan [7] Group 6: High-End Manufacturing - Su Shi Testing is facing short-term performance pressure, with a projected revenue decline of 4.31% in 2024, but is expected to benefit from recovering downstream demand and new industry layouts [8] - The forecasted net profits for 2025-2027 are 3.04 billion, 3.81 billion, and 4.62 billion yuan, indicating potential recovery [8] Group 7: Renewable Energy - Guoneng Rixin is expected to maintain steady growth, with a projected net profit of 0.94 billion yuan in 2024, reflecting an 11.09% year-on-year increase [9] - The company is advancing its product upgrades and is well-positioned to meet increasing demand in the distributed energy sector [9] Group 8: Electrical Equipment - Huaming Equipment reported an 18.41% increase in revenue for 2024, with net profits rising by 13.25% [10] - The company is expanding its overseas market presence and is expected to achieve net profits of 7.09 billion, 8.09 billion, and 9.15 billion yuan from 2025 to 2027 [10] Group 9: Communication Technology - Hengwei Technology has revised its net profit forecasts downward for 2025 and 2026, but maintains a positive long-term growth outlook [11] - The projected net profits for 2027 are expected to reach 2.41 billion yuan, indicating potential recovery [11] Group 10: Beverage Industry - Dongpeng Beverage reported a strong start to 2025, with a revenue increase of 39.23% in Q1 and a net profit growth of 47.62% [12] - Future net profit projections for 2025-2027 are 4.483 billion, 5.684 billion, and 6.836 billion yuan, suggesting robust growth potential [12] Group 11: Catalyst and Advanced Materials - Zhongzi Technology's catalyst business is expected to benefit from the implementation of the National VII standards, with a strategic focus on high-end composite materials [13] - The projected net profits for 2024-2026 are -0.27 billion, 0.57 billion, and 2.38 billion yuan, indicating a potential turnaround [13]

Group 1: Industry Insights - The coal industry is experiencing a continued decline in prosperity, while the cement and steel industries are expected to see positive profit growth year-on-year. Conversely, the coal and glass industries are projected to have negative profit growth [1] - The automotive electronics sector is poised for a turning point, with the rise of intelligent driving and the expansion of affordable smart technology, particularly with companies like BYD leading the charge [2] - The petrochemical industry is highlighted for its strategic importance in energy and food security, with state-owned enterprises expected to play a crucial role in ensuring supply amidst geopolitical tensions [4] Group 2: Company-Specific Analysis - Yuexiu Property is projected to achieve a revenue of 86.4 billion yuan in 2024, reflecting a year-on-year growth of 7.7%, despite a significant decline in net profit due to reduced gross margins [8] - Zhongxin Fluorine Materials is facing pressure on its performance due to declining prices of its pharmaceutical and agricultural intermediate products, alongside high depreciation costs from new capacity [9] - China Petroleum's major shareholder plans to increase its stake in the company, with expected net profits of 173 billion yuan, 178.4 billion yuan, and 182.9 billion yuan for the years 2025 to 2027 [10]

Core Viewpoint - The article discusses the significant escalation of China's countermeasures in response to the U.S. tariffs, highlighting the equal coverage of tariffs and the depth of export controls, indicating a more robust stance from China compared to previous rounds of trade disputes [1][2][3]. Tariff Measures - On April 4, 2025, China announced a 34% tariff on all imports from the U.S., matching the U.S. tariff coverage [2][3]. - The previous rounds of tariffs from the U.S. had a much higher coverage ratio compared to China's responses, which were 11.5% and 14.7% respectively [3]. Export Controls - China implemented export controls on seven categories of rare earth elements, marking the first use of such measures in the current trade conflict [3][4]. - Rare earth elements are crucial for military and high-tech industries, with China holding a 67.9% share of global rare earth production in 2023 [3][4]. Variety of Countermeasures - The range of countermeasures has expanded, including the suspension of import qualifications for six U.S. companies due to health and safety concerns [4][5]. Future Considerations - The article suggests that U.S. tariffs may experience fluctuations, with attention needed on statements from key advisors like Navarro and Lighthizer [5]. - Three factors could influence future developments: the response of other countries, changes in U.S. domestic polling, and the stance of Congress as public opinion shifts [5]. Market Strategy - The uncertainty in the market has increased, leading to a decline in investor risk appetite, prompting a focus on core assets and self-sufficiency [6][7]. - A-shares are expected to outperform Hong Kong and U.S. stocks due to the structure of investors [7]. Sector Focus - The agricultural sector is identified as a direct beneficiary of the counter-tariff measures, with expectations of rising prices for agricultural products [10][11]. - The machinery sector is anticipated to accelerate domestic substitution and self-sufficiency in high-end manufacturing [12][13]. Impact on U.S. Economy - The negative impact of China's counter-tariff policies on the U.S. economy is expected to be concentrated in agriculture, oil and gas, aerospace, and electronics sectors [9]. - U.S. exports to China are heavily reliant on agriculture, with significant portions of soybean and corn exports directed to China [9][10].

记者了解到，此次双选会由北京市教委、天津市教委、河北省教育厅联合主办。京津冀协同发展十年 来，三地教育部门已为高校毕业生组织了百余场大型的各类招聘活动。下一步，京津冀教育主管部门还 将持续推进三地高校毕业生就业市场的共建和共享，着力推进教育、科技、人才一体化发展，为区域经 济社会高质量发展提供坚实的人才保障。 抓住春招关键期，学生求职更迫切 4月1日下午，"2025年京津冀高校毕业生春季大型双选会"在北京高校大学生就业创业指导中心举办， 200余家重点企业在室内室外摆起展台，学生们手持简历穿梭于不同的企业间，寻找合适的岗位。此次 参会的企业涵盖高端制造、人工智能、生物医药、金融科技等20余个行业，累计提供3000余个优质岗 位，吸引了京津冀2000余名高校毕业生参加。 "工作内容主要是什么？""工作地点在哪里？""什么时候能有面试信息回复？"当日下午1点半，双选会 刚刚开始，不少学生已经手持简历来到了现场，开始与招聘企业沟通交流。 "我是计算机专业的学生，今天投递的都是计算机相关的岗位。之前一直在实习，但是没有什么跟计算 机相关的实习经历。"来自北京农学院的大四学生张同学告诉记者，自己很希望能继续在计算机领域 ...

Core Viewpoint - The investment promotion conference in Chongchuan District, Nantong, resulted in the signing of 43 quality projects with a total investment exceeding 12 billion yuan, focusing on cutting-edge fields such as artificial intelligence, new energy, biomedicine, and high-end manufacturing, with strategic emerging industries and future industries accounting for 70% of the projects [1][8]. Group 1: Investment and Economic Development - The total investment from the signed projects is over 12 billion yuan, indicating strong investor interest and confidence in the region [1][8]. - Chongchuan District aims to achieve a regional GDP of 185.6 billion yuan in 2024, maintaining its position among the top 40 districts in the country for four consecutive years [3]. - The district is strategically positioned as the "first station" for Shanghai's northward radiation, enhancing its economic development potential [3][5]. Group 2: Industry Collaboration and Innovation - Chongchuan has been actively collaborating with Shanghai in various industries, including integrated circuits, high-end new materials, biomedicine, and artificial intelligence, to develop strategic emerging industries [3][5]. - The establishment of the Nantong North High-tech Zone in collaboration with Shanghai Beike Group has attracted numerous tech enterprises from Shanghai [3][5]. - The region has formed a semiconductor industry collaborative innovation consortium, marking a significant step in enhancing its technological capabilities [3]. Group 3: Infrastructure and Connectivity - The development of eight cross-river passages and 45 high-speed rail connections has significantly improved the connectivity between Chongchuan and Shanghai, facilitating economic interactions [5]. - The efficient transportation network allows for a one-hour commute to Shanghai and two hours to the entire Shanghai metropolitan area, enhancing the region's attractiveness for investment [5]. Group 4: Unique Advantages and Policies - Chongchuan District boasts unique advantages such as its geographical location, rich cultural heritage, and a favorable business environment, making it an appealing destination for entrepreneurs [7]. - The district is committed to providing high-quality education and efficient government services, further enhancing its investment appeal [7]. - The launch of the "Little Red Book" for investment attraction highlights the district's proactive approach to engaging with potential investors [7][9].

Group 1 - The establishment of the Henan Industrial Research and Development Company marks a new phase in the integration of research and industry, aiming to enhance technological innovation and resource sharing in the region [1][3] - The Zhengzhou Airport Economic Comprehensive Experimental Zone has significant market potential and application space, supported by a strong industrial foundation in semiconductor materials, intelligent manufacturing, and integrated circuits [2] - Collaboration between the Industrial Research Company and local universities, such as Xi'an University of Electronic Science and Technology and Hubei University, is expected to drive advancements in the integrated circuit industry and support high-end manufacturing sectors like electric vehicles [2][3] Group 2 - The Industrial Research Company aims to create a resource-sharing system that includes talent, integrated design platforms, and manufacturing resources, facilitating the transformation of research outcomes into industrial applications [1] - Hubei University has established strong partnerships with well-known enterprises, focusing on areas such as storage chip design and semiconductor materials, which aligns with the goals of the Industrial Research Company [3] - The initiative is expected to foster a virtuous cycle of regional development, enhancing the capabilities of high-end manufacturing in Henan Province through collaborative projects and shared supply chain platforms [3]