伊水河畔，生产车间内机械臂快速挥舞；黄河岸边，大乙烯项目工地桩机轰鸣；洛邑古城，汉服与古建筑"撞 了个满怀"——这组产业发展与文旅融合的鲜活镜头，正是洛阳这座千年古都奔跑在现代化赛道上的生动注 脚。 从"一五"时期"十大厂矿"奠定工业根基，到"十四五"末剑指6000亿元经济总量，在新中国成立后的76个春秋 里，洛阳把老工业基地的厚重家底，酿成了创新发展的澎湃动能。 "来了就是洛阳人，创业就有大舞台"。如今，这句话在洛阳不是简单邀约而是幸福图景—— 中科慧远创始人当年拎包来到洛阳，靠产业基金加持成为工业视觉检测"隐形冠军"；洛阳理工学院教师马逍 化身"科技副总"，一番技术改造就让产品合格率飙升30%，成功"圈粉"比亚迪；4083家创新平台扎堆、技术 合同成交额年均增速超37%，昔日的"工业摇篮"早已蝶变成创客们的"梦工厂"。 老工业基地如何实现"换道超车"？洛阳给出了精彩答案：从"一五"时期重工业"一条腿走路"，到如今"四新一 装备"多点开花，洛阳完成了华丽转身。 国内首台直径11米级大直径盾构主轴承在洛轴下线。洛阳市委宣传部供图 说到文旅界"顶流网红"，必有洛阳。曾经的文旅是单一的"走马观花看古迹"，如今依据 ...

Transaction Overview - The company approved the sale of assets from its wholly-owned subsidiary, Ma'anshan Landai Transmission Machinery Co., Ltd., to Luxshare Precision Industry (Ma'anshan) Co., Ltd. on November 4, 2025 [2] - The assets being sold include the electric drive assembly business and related rights and interests, with a total pre-tax sale price of RMB 109,919,869.10, including a 13% value-added tax [2] - The asset valuation was conducted by Chongqing Huakang Asset Appraisal Co., Ltd. as per the asset appraisal report [2] Transaction Progress - As of the announcement date, the asset transfer agreement has been signed, and the delivery procedures have been completed [3] - Luxshare has paid a total of RMB 98,927,882.19, which accounts for 90% of the transfer price [3] Other Information - A warranty deposit of RMB 10,991,986.91, representing 10% of the transfer price, is pending payment based on the conditions outlined in the asset transfer agreement [4] - The company will continue to advance the transaction and fulfill its information disclosure obligations as progress is made [4]

本届广交会陕西省参展企业量质实现双提升，主要体现在参展结构不断优化。陕汽集团商用车有限 公司、陕西勇拓机械科技有限公司、西安维塑智能科技有限公司等37家高新技术、专精特新企业参展， 优质企业参展占比持续提升；数字赋能不断加强，陕西推动企业"线下+线上云展厅"双模式参展，陕西 新西美工具进出口有限公司、陕西龙星新材料科技有限公司等企业通过线上云展厅吸引客商线下洽谈， 现场签单均超100万美元。 "随着内外贸一体化不断深入，陕西积极邀约哈萨克斯坦采购团现场对接采购意向，组织企业参与 广交会'贸易之桥'、境内采购商衔接活动等，为培育外贸新动能、推动外贸高质量发展注入更多活 力。"省商务厅相关负责人说。（记者：肖倩 见习记者：柯雁清） 11月13日，记者从省商务厅获悉：第138届广交会聚焦中国外贸"向新""向智""向绿"发展方向，吸 引了来自223个国家和地区的超31万名境外采购商到会，约有3.2万家境内外企业参展。陕西精心组织 215家企业亮相，累计接待采购商3.8万人次，意向成交金额超6亿美元。 ...

Core Points - Uzbekistan and Kazakhstan are accelerating cooperation in trade, energy, and transportation sectors following a meeting between their presidents [1][2] - The visit is seen as a significant step in enhancing bilateral relations and fostering practical cooperation [1] - Both countries emphasize their partnership rather than competition, aiming for mutual development [1] Trade and Economic Cooperation - A total of approximately $1.3 billion in industrial cooperation projects has been announced, focusing on machinery manufacturing, building materials, and food processing [2] - Multiple cooperation agreements covering trade, transportation, energy, and water resources have been signed [2] Transportation and Logistics - Enhancements in border crossing capabilities and transportation cooperation via Aktao and Kuryk ports are prioritized [1] - The construction of transportation corridors to improve regional logistics efficiency is a key agenda item [1] Energy Collaboration - Plans to increase cross-border natural gas transportation capacity and expand cooperation in oil and nuclear energy sectors have been agreed upon [1] - Strengthening collaboration in water resource monitoring and environmental protection is also on the agenda [1] Mining and Resource Development - Establishment of a joint working group for geological and rare metal mining to enhance cooperation in resource exploration, extraction, and processing [1]

Core Viewpoint - The article highlights five categories of stocks that are at high risk of decline in the current market environment, driven by stricter delisting regulations, policy rollbacks, and valuation bubbles. Group 1: High Delisting Risk Stocks - The 2025 delisting rules are the strictest ever, with companies facing mandatory delisting if their market value falls below 500 million yuan for 20 consecutive trading days on the main board, or 300 million yuan on the ChiNext [2] - As of April 2025, 132 companies have issued delisting risk warnings, an increase of 45% from the previous year [2] - Companies like *ST Dongfang and *ST Xinhai have faced delisting due to financial fraud and continuous low stock prices, leading to significant losses for investors [2] Group 2: Stocks in Policy-Dependent Industries - The cancellation of subsidies for onshore wind power and the reduction of tax exemptions for electric vehicles will directly pressure the profits of related companies [4] - The onshore wind power sector will see a 0.5 percentage point decrease in capital IRR due to subsidy cuts, impacting already thin profit margins for small firms [4] - The automotive industry is facing overcapacity and reduced subsidies, with some second-tier car manufacturers reporting a 40% decline in net profits year-on-year [4] Group 3: Stocks with Severe Valuation Bubbles - Many popular sectors have inflated valuations, with the ChiNext 50 index at a P/E ratio of 159.31 and the semiconductor index at 126.46, indicating severe overvaluation [5] - The computer sector, driven by AI hype, has a P/E ratio of 91.55, while the average net profit growth in the industry is only 8% [5] - High valuation stocks have seen significant declines, with the ChiNext 50 index down 12% and the computer sector down 15% since October [5] Group 4: High Pledge and Debt Issues - Companies with high equity pledges (over 60%) and high debt ratios (over 80%) face significant risks, including potential stock price collapses [6] - As of April 2025, 89 companies have a pledge rate exceeding 60%, with 32 of them also having debt ratios above 80% [6] - Companies like Nanwei and ST Tiantian are struggling with financing difficulties due to high pledge rates and ongoing investigations [6] Group 5: Stocks with Outdated Production Capacity - The national industrial capacity utilization rate is only 74%, indicating significant overcapacity in traditional manufacturing sectors [7] - The steel industry continues to struggle with low-efficiency production, while the photovoltaic sector is eliminating 20% of low-efficiency capacity [7] - Traditional industries like chemicals and machinery are facing a 32% year-on-year decline in net profits, as they lack policy support and face shrinking market demand [7]

天眼查App显示，近日，广州普睿森高科技有限公司成立，注册资本20万人民币，经营范围为轴承销售; 齿轮及齿轮减、变速箱销售;密封件销售;高速精密重载轴承销售;货物进出口;技术进出口;机床功能部件 及附件销售;机械零件、零部件销售;互联网销售（除销售需要许可的商品）;安防设备销售;电子产品销 售;高速精密齿轮传动装置销售;电力电子元器件销售;电子元器件与机电组件设备销售;电子元器件零售; 电子元器件批发;轴承、齿轮和传动部件销售;数字视频监控系统销售;技术服务、技术开发、技术咨询、 技术交流、技术转让、技术推广;进出口代理。 ...

天眼查App显示，近日，南通海富机械有限公司成立，法定代表人为潘瑛，注册资本100万人民币，经 营范围为一般项目：机械电气设备销售；机械零件、零部件销售；金属结构销售；配电开关控制设备销 售；机械设备销售；电气设备修理；轴承、齿轮和传动部件销售；金属材料销售；金属丝绳及其制品销 售；专业设计服务；货物进出口；技术进出口；进出口代理；技术服务、技术开发、技术咨询、技术交 流、技术转让、技术推广；广告设计、代理；广告制作；广告发布；技术推广服务；科普宣传服务；信 息咨询服务（不含许可类信息咨询服务）；国内贸易代理；信息系统集成服务；国内船舶代理；船舶拖 带服务；船舶销售；五金产品零售；家用电器销售；工业自动控制系统装置销售；制冷、空调设备销 售；气体、液体分离及纯净设备销售；电容器及其配套设备销售（除依法须经批准的项目外，凭营业执 照依法自主开展经营活动）。 ...

天眼查App显示，近日，重庆江耀机械制造有限公司成立，法定代表人为罗江洋，注册资本500万人民 币，经营范围为一般项目：机械零件、零部件加工；机械零件、零部件销售；汽车零部件及配件制造； 汽车零部件研发；汽车零配件批发；摩托车零配件制造；摩托车及零部件研发；摩托车及零配件批发； 模具销售；机床功能部件及附件制造；机床功能部件及附件销售；塑料制品制造；橡胶制品制造；橡胶 制品销售；塑料制品销售；电子元器件与机电组件设备销售；五金产品批发；金属表面处理及热处理加 工；金属工具制造；建筑装饰、水暖管道零件及其他建筑用金属制品制造；金属工具销售；建筑装饰材 料销售；喷涂加工。（ 除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

德国的这两封"战书"，真不是闹着玩的。第一封是总理默茨亲自签发的，对中国钢材加税；第二封是德国央行行长纳格尔放话，欧洲要准备对华报复。结果 很尴尬，中国没急，反倒用他们自己的规则，把他们的招数全部打回去了。 先说默茨。这个人上台后画风突变，以前在野的时候，还骂欧盟对中国加税是"愚蠢的保护主义"。今年，却自己站出来提案，要提高中国钢材关税，减少免 税额度，鼓励买欧盟自产的钢材。德国经济连续四年停滞，工程、汽车、机械制造全面吃紧。出口型国家，支柱产业一个接一个被打压，政客不找点理由说 不过去，于是"中国竞争力太强"成了统一借口。 他很清楚，德国的饭碗靠工业出口。偏偏这几年被夹在两头，美国的关税战一个劲加码，中国制造又不断升级。德国人发现，自己两边都没便宜可占。于是 口风变了，开始说保护产业，搞起加税的老路子。但这种操作，直接把自己下游产业卡住。汽车、机械、零部件全涨成本，本来就被美国关税压利润，现在 又被自己政府政策掐脖子。连德国的汽车协会都出来说，这会让供应链更紧。 更麻烦的是，这操作让中德关系紧绷到爆。上个月，德国外长临时取消访华，表面理由是"会谈安排不够多"，实际是摆出政治姿态。背景这么紧张，纳格尔 来了第 ...

Group 1 - The core viewpoint of the article is that Open Source Securities has given a "Buy" rating to Youji Co., Ltd. (920943.SH) based on its recent achievements and market potential [1] - Youji Co., Ltd. has successfully completed its first targeted convertible bond issuance on the Beijing Stock Exchange, which will increase its high-performance casting capacity [1] - The mechanical industry is expected to grow, driven by the automotive and electrical machinery sectors in the first three quarters of 2025 [1]