Core Viewpoint - Shanghai Xiba plans to establish a joint venture with Yuyuan Rare Earth to develop lithium sulfide business, with a registered capital of 200 million yuan, aiming to enhance its position in the advanced materials sector for solid-state batteries [1] Group 1: Joint Venture and Business Development - The new subsidiary will have a registered capital of 200 million yuan, with Shanghai Xiba contributing 165 million yuan (82.5%) and Yuyuan Rare Earth contributing 35 million yuan (17.5%) [1] - The joint venture will focus on new material technology research and manufacturing of electronic specialty materials [1] - Shanghai Xiba has been actively pursuing opportunities in the solid-state battery industry, having recently acquired assets related to lithium sulfide from Yuyuan Rare Earth [1] Group 2: Recent Activities and Financial Performance - In 2023, Shanghai Xiba has made several moves in the new energy sector, including plans to acquire patent assets related to high-energy hydrogen-electric hybrid power systems and specialty solid-state lithium-ion batteries [2] - The company has established two new subsidiaries with a registered capital of 10 million yuan each [2] - Despite the rising stock price driven by solid-state battery concepts, the company has indicated that this business has not yet generated stable revenue, with a first-quarter revenue of 103 million yuan, down 17.73% year-on-year, and a net profit of 9.83 million yuan, down 51.39% year-on-year [2] Group 3: Earnings Forecast - Shanghai Xiba expects a net profit of 99 million to 118 million yuan for the first half of the year, representing a year-on-year change of 136.47% to 181.85%, primarily due to an increase in non-recurring income [3]

Market Overview - All three major A-share indices closed higher, with the Shanghai Composite Index rising by 0.66%, the Shenzhen Component Index by 0.46%, and the ChiNext Index by 0.5% [1] - The total market turnover was 1.52 trillion yuan, a decrease of 101.7 billion yuan compared to the previous trading day, with over 3,800 stocks rising [1] Innovation Drug Sector - The innovation drug sector rebounded, with Hanyu Pharmaceutical (300199) hitting the daily limit of 20% [2] - Hanyu Pharmaceutical announced a strategic cooperation with Borui Pharmaceutical to enhance its capabilities in peptide drug development and commercialization [4] Solid-State Battery Sector - The solid-state battery concept continued to strengthen, with Shanghai Xiba (603200) reaching a historical high [5] - SAIC Group's MG brand is set to pre-sell a new electric vehicle equipped with a semi-solid-state battery, which has improved safety and low-temperature performance [7] - Several companies, including Guoxuan High-Tech and BYD, are advancing their solid-state battery development and production plans, with expectations for mass production by 2027 [8]

Market Performance - A-shares experienced a significant rebound on August 4, with the Shanghai Composite Index rising by 0.66%, the Shenzhen Component Index increasing by 0.46%, and the ChiNext Index up by 0.5% [2] - A total of 3,877 stocks rose, with 69 stocks hitting the daily limit up, while 1,312 stocks declined [3][4] Sector Highlights - The military industry sector saw a strong performance, with stocks such as Beifang Changlong, Aileda, and Changcheng Military Industry hitting the daily limit up [5] - Robot concept stocks also surged, with Zhejiang Rongtai and Wuzhou Xinchun among those reaching the daily limit up [6][7] - Solid-state battery concept stocks experienced a rise, with Shanghai Xiba hitting a new high [8] Downward Trends - Retail stocks faced adjustments, with Dalian Friendship and Maoye Commercial hitting the daily limit down [9] Influencing Factors - The expectation of interest rate cuts in the U.S. following weak employment data has bolstered market confidence, with over 80% probability of a rate cut in September [10][11] - The appreciation of the Renminbi against the U.S. dollar has also contributed to market stability, with the MSCI Emerging Markets Currency Index rising by 0.5% [12][13] - Positive news from various sectors, including advancements in HIV vaccine research and government support for enterprises in foundational research, has further boosted market sentiment [15]

新华财经北京8月4日电（王媛媛）A股市场4日低开后震荡反弹，三大指数小幅上涨。截至收盘，沪指 报3583.31点，涨0.66%，成交6398亿元；深证成指报11041.56点，涨0.46%，成交8588亿元；创业板指 报2334.32点，涨0.50%，成交4377亿元。沪深两市全天成交额1.5万亿元，较上个交易日缩量998亿元。 板块方面，军工、贵金属、人形机器人、商业航天等板块涨幅居前，保险、影视、光伏、零食等板块跌 幅居前。 盘面热点 黑芝麻：控股股东筹划公司控制权变更事项 黑芝麻午间公告，公司于8月1日收市后收到控股股东黑五类集团的通知，黑五类集团正在筹划涉及其所 持有公司股份转让事宜，其拟将持有占公司总股本约20%的股份转让给广西壮族自治区文旅及大健康行 业的国有企业，前述股份转让事项可能导致公司控制权发生变更。公司股票自8月4日开市起停牌，预计 停牌时间不超过2个交易日。 机构观点 巨丰投顾：周一市场震荡运行，军工装备板块涨幅居前。从目前趋势看，市场整体趋势依然向上，沪指 冲破3600点后，市场分歧加剧；但不必因市场的短期震荡改变对行情趋势向好的基本判断。具体投资方 向上，可关注维持高景气度的半导体 ...

市场全天低开后震荡反弹，三大指数小幅上涨。截至收盘，沪指涨0.66%，深成指涨0.46%，创业板指涨0.5%。盘面上，市场热点较为杂乱，个股涨多跌 少，全市场超3800只个股上涨。 从板块来看，军工股再度爆发，北方长龙等20余股涨停。 机器人概念股震荡走强，浙江荣泰等涨停。 固态电池概念股表现活跃，上海洗霸涨停再创历史新高。 板块方面，军工、贵金属、人形机器人、商业航天等板块涨幅居前，保险、影视、光伏、零食等板块跌幅居前。 沪深两市全天成交额1.5万亿，较上个交易日缩量998亿。个股方面，西藏天路全天成交额69.63亿元居首，中际旭创、宁德时代、胜宏科技、新易盛的成交额 均在60亿元以上。 | 沪深A股 | | | 泸深指数 沪深板块 综合排名 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 沪深A股 | 上证A股 深证A股 | 创业板 | 科创板 风险警示 | | | | | | | | | | 代码 | 名称 | | | - 张福 - - - 最新价 - | | | ...

板块方面，军工、贵金属、人形机器人、商业航天等板块涨幅居前，保险、影视、光伏、零食等板块跌 幅居前。 市场概况 2613 1124 788 263 230 69 119 94 126 6 37 12 13 大于 +8% 小手 -8% 涨停 -8% +4% +2% 0% -2% -4% -6% 跌停 +8% +6% 上涨 3877家 持平 230家 1312家 下跌 涨停 69家 跌停 6家 停牌 12家 凤凰网财经讯 8月4日，市场全天低开后震荡反弹，三大指数小幅上涨。截至收盘，沪指涨0.66%，深成 指涨0.46%，创业板指涨0.5%。沪深两市全天成交额1.5万亿，较上个交易日缩量998亿。 | | 沪深京重要指数 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 名称 *● | 最新 涨跌 涨跌家数 张速% | | | | | 现手 金额 | | 上证指数 | 3583.31 | 0.66 | 23.36 | 1631/580 | 0.01 4.59 7. | 86.1万 6397.76亿 | | 深证成指 | 11041.56 | 0.4 ...

版侵表现 收评：沪指低开高走涨0.66% 军工板块20余股涨停 智通财经8月4日电，市场全天低开后震荡反弹，三大指数小幅上涨。沪深两市全天成交额1.5万亿，较上个交易日缩量998亿。盘面上，市场热点较为杂乱， 个股涨多跌少，全市场超3800只个股上涨。从板块来看，军工股再度爆发，北方长龙等20余股涨停。机器人概念股震荡走强，浙江荣泰等涨停。固态电池概 念股表现活跃，上海洗霸涨停再创历史新高。板块方面，军工、贵金属、人形机器人、商业航天等板块涨幅居前，保险、影视、光伏、零食等板块跌幅居 前。截至收盘，沪指涨0.66%，深成指涨0.46%，创业板指涨0.5%。 | 上证指数 | 深证成指 | 创业板指 | | --- | --- | --- | | -3583.31 | -11041.56 | -2334.32 | | +23.36 +0.66% FREE | +50.24 +0.46% 1 | +11.7 +0.50% JUL | 封板 55 触及 17 昨涨停今表现 3.34% 高开率 78% 获利率 62% 封板率 76.00% ...

Group 1 - Solid-state battery concept stocks experienced significant gains, with Jinghua New Materials (603683) rising by 9.13%, reaching a historical high, and several other companies also seeing increases of over 5% [1] - SAIC Group's MG brand is set to pre-sell its new pure electric model MG4 equipped with a semi-solid-state battery on August 5, featuring a 5% electrolyte content, enhanced safety, and a range of 537 kilometers under CLTC conditions [1] - CITIC Securities believes this marks a breakthrough for solid-state batteries in downstream applications, indicating a growing demand from end customers [1] Group 2 - The solid-state battery industry is transitioning from the "technical verification stage" to the "scale-up stage," driven by industry maturity, policy guidance, and market expectations [2] - CATL announced its first clear timeline for mass production of solid-state batteries, targeting small-scale production by 2027, with commercial production expected around 2030 [2] - BYD also aims for small-scale production of solid-state batteries by 2027, with plans for large-scale deployment post-2030 [2] Group 3 - Several companies in the solid-state battery supply chain have reported advancements, with Guangdong Daoshi Technology (300409) actively developing core materials and collaborating with downstream manufacturers [3] - Yunnan Enjie New Materials has established a presence in the all-solid-state battery sector, focusing on lithium sulfide and solid electrolyte development [3] - Greeenmei (002340) has achieved small-scale production certification for its high-nickel ternary precursor materials and is advancing solid-state battery precursor materials to the shipping stage [3]

Macro Economic Insights - The US labor market is showing signs of weakness, with July non-farm employment data revealing an increase of only 73,000 jobs, significantly below market expectations of 104,000 [3][4] - The unemployment rate stands at 4.2%, aligning with market expectations, while average hourly earnings have increased by 3.9% year-on-year, exceeding forecasts [3][4][5] - The labor force participation rate is approximately 62.2%, indicating a decline in participation alongside a rising unemployment rate, suggesting a cooling labor market [5][6] Industry Trends - The manufacturing sector is experiencing a downturn, with PMI production dropping by 0.5 percentage points to 50.5%, and new orders and export orders also declining [11][13] - The "anti-involution" trend is positively impacting commodity prices, with expectations for a rebound in July PPI [11][13] - The construction industry is facing a slowdown in infrastructure investment, while the service sector remains relatively stable, buoyed by summer travel and consumption [14] Investment Strategies - The report emphasizes the importance of maintaining a self-driven investment approach, focusing on technology as a primary sector for growth [16][18] - The "anti-involution" theme is expected to drive cyclical and counter-cyclical trades, particularly in PPI recovery [19] - The TMT sector is highlighted as a key area for investment, with expectations for a rebound in semiconductor cycles and AI-driven demand [20][21] Company-Specific Insights - The industrial X-ray inspection market is poised for structural growth, driven by increasing demand in electronics and lithium battery sectors [52][53] - The first public REIT for natural gas power generation by a central enterprise has been successfully launched, indicating a positive trend for REITs in the energy sector [57][59] - The biodegradable food packaging market is projected to grow significantly, driven by increasing demand and supportive policies against plastic waste [55]

Group 1: Photovoltaics - The Ministry of Industry and Information Technology issued a notice on the energy-saving inspection tasks for the polysilicon industry for 2025, aiming to reduce the burden on enterprises [1] - Silicon wafer prices continued to rise, with an average increase of approximately 0.1 yuan per piece, driven by rising raw material costs and increased downstream orders [1] - Citic Securities indicated that the photovoltaic industry is a core area for addressing issues of homogenization and overcapacity, with potential for price recovery and profit restoration as the industry returns to orderly competition [1] Group 2: Robotics - The 2025 World Robot Conference will be held in Beijing from August 8 to 12, featuring over 1,500 exhibits from more than 200 domestic and international robot companies, with nearly double the number of new products launched compared to last year [2] - Huaxi Securities noted that humanoid robots are on the verge of commercial explosion, driven by policy support, technological maturity, and increasing demand, with the global market expected to exceed $150 billion by 2035 [2] Group 3: Nuclear Fusion - Helion Energy announced the commencement of site construction for its first controllable nuclear fusion power plant, marking a significant step towards the commercialization of nuclear fusion technology [3] - Nuclear fusion is viewed as a key to achieving "energy freedom," providing a clean and virtually limitless energy source with minimal carbon emissions [3] Group 4: Brain Science - Zhejiang University unveiled the Darwin Monkey, a new generation of neuromorphic brain-like computer, featuring over 2 billion pulse neurons and a power consumption of approximately 2000 watts [4] - Brain-like computing is positioned as a frontier field at the intersection of artificial intelligence and neuroscience, with potential for commercialization in specific areas within 3-5 years [4] Group 5: Solid-State Batteries - SAIC confirmed that the new MG4 electric hatchback will be the world's first mass-produced electric vehicle equipped with a semi-solid-state battery, featuring a 70kWh battery with an energy density of 180 Wh/kg and a range of 537 kilometers [5] - The semi-solid-state battery shows improved performance in low temperatures compared to traditional lithium iron phosphate batteries [5] Group 6: Smart Factories - The Ministry of Industry and Information Technology released a digital transformation implementation plan for the machinery industry, aiming for 50% of enterprises to achieve a maturity level of two or above by 2027 [6] - The smart factory market surpassed 1 trillion yuan in 2022, with significant penetration in automotive and electronics sectors, and is expected to expand further with the integration of AI and other new technologies [6] Group 7: Gold Market - Gold prices surged due to changes in U.S. tariff policies and disappointing employment data, with spot gold reaching $3362.64 per ounce, up 2.22% [6] - The market anticipates a potential interest rate cut by the Federal Reserve in November, further enhancing gold's appeal as a safe-haven asset amid ongoing geopolitical tensions [6] Group 8: Macro and Industry News - The People's Bank of China emphasized support for stable capital market operations and financing for technology-driven SMEs [7] - The Ministry of Industry and Information Technology and other departments issued a digital transformation plan for the machinery industry [7] - The 2025 World Robot Expo will feature the largest number of humanoid robot manufacturers in similar events [7]