截至2023年5月1日回购期限届满，公司累计回购259.9038万股，占当时总股本1.25% 。回购最高成交价 44元/股，最低成交价35.98元/股，累计支付资金10098.78万元（不含交易费用）。 变更用途的主要内容 亿嘉和（维权）科技股份有限公司于2025年9月10日召开第四届董事会第七次会议，审议通过《关于变 更回购股份用途的议案》，决定将259.90万股回购股份的用途，由"用于股权激励"变更为"用于实施员 工持股计划或股权激励"。 回购股份基本情况回顾 2022年11月2日，亿嘉和第三届董事会第十一次会议通过相关议案，同意公司使用1 - 2亿元自有资金， 以集中竞价交易方式回购部分股份，回购价格不超60元/股，期限自董事会审议通过之日起6个月内，用 途为股权激励。 为配合拟实施的2025年员工持股计划，结合公司实际情况、未来发展战略及激励规模、效果等因素，公 司对回购股份用途作出变更，从单一的股权激励，拓展为可用于员工持股计划或股权激励。 变更用途的合理性、必要性与可行性 此次变更依据《公司法》《证券法》《上市公司股份回购规则》等规定，是为配合2025年员工持股计划 而进行的调整。综合考虑公司与员 ...

| 新股 | 券商 | | 息率(%) | | --- | --- | --- | --- | | | 富途 | 173.20 | 0.00 | | | 辉立 | 77.00 | 0.00 | | | 耀才 | 18.00 | 0.00 | | | 信诚 | 10.00 | 0.00 | | | 1-6 FX | 4.35 | 0.00 | | | 盈立 | 2.673 | 0.00 | | 禾赛科技(02525) | 时富 | 0.70 | 0.00 | | | 艾德 | 0.5142 | 0.00 | | | 其他总和 | 70.8195 | | | | 并计 | 357.2567 | | | | | 集资额: 3.88亿元 | | | | | 认购: 超购逾91倍 | | | 健康160(02656) | 富途 | 17.55 | 0.00 | | | 辉立 | 10.00 | 0.00 | | | 耀才 | 2.50 | 0.00 | | | 化成 | 1.55 | 0.00 | | | 信城 | 1.00- | 0.00 | | | 盈立 | 0.692 | 0.00 | | | 艾德 | 0.04 ...

Core Viewpoint - LiDAR Technology is actively involved in research related to spatial positioning technology for drone formation control and dynamic modeling [1] Group 1 - The company is participating in research on spatial positioning technology [1] - The focus areas include drone formation control and dynamic modeling [1]

Core Insights - Sichuan Wandao Chuanfu Technology Co., Ltd. has been established with a registered capital of 1 million RMB, indicating a new player in the technology and food sales sectors [1] Company Overview - The legal representative of the company is Chen Wenyuan, which may suggest a centralized leadership structure [1] - The company’s business scope includes a wide range of services such as technology services, food sales, agricultural product wholesale and retail, and various consulting services [1] Business Activities - The company is involved in both general and licensed business activities, including technology development, food internet sales, and supply chain management [1] - Specific activities include the sale of pre-packaged food, aquatic products, daily necessities, and electronic products, indicating a diversified product offering [1] - The company also engages in advertising services, market research, and cultural exchange activities, which may enhance its market presence [1] Regulatory Compliance - The company is required to obtain relevant approvals for certain activities, such as urban distribution transport services and food sales, ensuring compliance with local regulations [1] - The operational activities are subject to the approval of relevant departments, which may impact the speed of business initiation [1]

Group 1 - The new productive forces have become the core engine for high-quality economic development in China, with a focus on supporting technology innovation enterprises as a key area for financial institutions [1] - The banking sector is shifting its traditional credit logic to provide targeted financial support for technology innovation, moving towards a more professional and diversified service model [1][3] - Everbright Bank has developed a comprehensive service system for technology innovation industries, achieving a loan balance of 417 billion yuan for technology enterprises, a 9.9% increase from the previous year [1] Group 2 - Beijing is recognized as a core area for financial technology innovation, hosting 115 unicorn companies and leading global research output for eight consecutive years [2] - Everbright Bank's Beijing branch focuses on specialized and innovative customer groups, integrating industry and finance to create a new financial ecosystem for technology innovation [2] Group 3 - The concept of "investment-loan linkage" has emerged to address the challenges faced by technology enterprises in securing financing, as traditional credit models often do not meet their needs [3][4] - Everbright Bank's Beijing branch has implemented various innovative financing solutions, including the first private technology enterprise buyback exit merger business and knowledge property pledge loans [3][4] Group 4 - The "Investment-Loan Link" product, launched by Everbright Bank, assesses enterprises based on six dimensions to facilitate proactive credit granting, addressing the financing difficulties of technology enterprises [5] - By July 6, 2023, the bank had served 22 enterprises with a total credit approval amount of 170 million yuan under this product [5] Group 5 - Everbright Bank's Beijing branch has developed a comprehensive financial service model that combines commercial banking, investment banking, and industrial empowerment to better serve technology enterprises [6] - The bank leverages its full financial license advantages to create a large financial ecosystem, collaborating with various group units to provide a wide range of financial services [6] Group 6 - Under this mechanism, companies like Tai Rui Shuchuang Technology have successfully secured multiple financing options, demonstrating the effectiveness of the bank's collaborative approach [7] - By June 2025, Everbright Bank had provided equity rights services to 48 specialized and innovative enterprises, with over 70% of these also receiving credit services [7] Group 7 - Everbright Bank's services extend beyond financial support, focusing on enhancing collaboration within the industrial chain to help technology enterprises overcome challenges during their growth phases [8] - The bank collaborates with various industrial sectors within the Everbright Group to address core order challenges for enterprises, creating a unique industrial ecosystem [8] Group 8 - The bank plans to continue enhancing its technology empowerment and ecosystem support to provide high-quality financial services that promote the growth of technology innovation enterprises [9]

在市场风险偏好抬升的背景下，用小仓位博取大收益成为不少基金经理的投资密码。 易方达全球医药行业基金近期披露的信息显示，加科思、和铂医药为该基金仓位中排名第24、第21的公司，虽然仓位排 名较低，但两公司今年内涨幅分别达7.98倍、8.20倍，凭借凶悍上涨为基金经理贡献不俗业绩，截至9月7日，易方达全球 医药行业基金今年收益约107%。 公募基金参与度较低的不少冷门股，大多也都以小仓位的形式进入基金隐形持仓名单。赤子城科技自2022年11月至今的 涨幅超9倍，该股亦主要以不起眼的仓位现身公募产品，截至今年二季度末，在工银香港中小盘基金的全部持仓股票中， 赤子城科技的仓位仅排名第22。 此外，南方香港成长灵活基金近两年收益率排名同类产品第一，其亦是借助小仓位的策略，频频斩获高弹性标的，基金 经理挖掘的医美公司 美丽田园医疗健康 、晶泰控股等，在持仓排名中均在前30大公司以外，仓位配置如此之小，但贡献 极为凌厉，比如， 美丽田园医疗健康 虽非热门股，但其凭借稳健的业绩增长，股价已在今年内实现翻倍，不起眼的小公 司叠加小仓位布局，依然为基金经理的业绩排名贡献了一把。 基金选择个股既要又要 小仓位大收益的策略，往往体现 ...

Financial Performance - The company reported a significant decline in revenue, with operating income for the first half of the year at 10,942.90 million RMB, down 38.91% from 17,912.91 million RMB in the same period last year [1] - The total profit for the period was -4,279.89 million RMB, indicating a loss compared to the previous year's profit of -2,899.63 million RMB [1] - The net profit attributable to shareholders was -4,088.17 million RMB, worsening from -2,950.62 million RMB year-on-year [1] - The net profit after deducting non-recurring gains and losses was -4,589.61 million RMB, compared to -3,702.69 million RMB in the previous year [1] - The net cash flow from operating activities was -3,188.19 million RMB, an increase in loss from -2,495.72 million RMB in the same period last year [1] Historical Financial Data - From 2021 to 2024, the company achieved operating revenues of 486 million RMB, 261 million RMB, 322 million RMB, and 300 million RMB respectively [1] - The net profit attributable to shareholders for the same years was -129 million RMB, -288 million RMB, -208 million RMB, and -103 million RMB respectively [1] IPO and Stock Performance - The company was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on March 20, 2020, with an initial offering price of 50.81 RMB per share and issued 19.33 million shares [1] - The stock is currently in a state of decline, having broken its initial offering price [1] - The total amount raised from the initial public offering was 982 million RMB, with a net amount of 864 million RMB, exceeding the originally planned fundraising amount by 364 million RMB [1] - The total issuance costs for the IPO were 118 million RMB (excluding VAT), with underwriting and sponsorship fees amounting to 96.34 million RMB [1]

Core Viewpoint - The market experienced a tumultuous week with mixed signals, leaving investors uncertain about future economic directions and investment hotspots [2] Group 1: Market Analysis - The S&P 500 index approached its peak at the beginning of the week, with low volatility indicating optimism driven by tech stocks and expectations of an interest rate cut [2] - There is a significant gap between actual growth and market expectations, leading to confusion among investors regarding the trajectory of the economy [2] - The labor market appears to be softening, raising questions about consumer spending, but recent industry conference insights suggest consumer enthusiasm remains stronger than anticipated [2][3] Group 2: AI Sector Insights - AI has been a major investment theme this year, but leading stocks in this sector are showing signs of fatigue, indicating potential challenges ahead [3] - High-profile tech companies like Google and Broadcom continue to reach new stock price highs, suggesting that while the AI narrative may be shifting, the overall strength of tech stocks remains intact [5] Group 3: Investment Strategies - The company maintains a bearish outlook on the dollar while being bullish on U.S. equities and "stores of value" assets like gold [6][8] - The dollar index is at a critical juncture, with potential for accelerated decline if it breaks below a long-term trend line established since the financial crisis [8][9] - Recommendations include going long on U.S. equities, shorting the dollar, and investing in value-storing assets, with an acknowledgment of short-term market volatility [9] Group 4: Interest Rate Outlook - The company anticipates that the yield curves of major global economies (G-4) will steepen, although this view lacks consensus based on global price trends [11]

Group 1 - The core viewpoint of the report is that Qianli Technology (601777.SH) is supported by dual growth drivers from its automotive and motorcycle terminal businesses, which solidify its performance foundation [1] - The technology business is expected to break through with "AI + vehicle" integration, and the scenario closure is anticipated to gradually achieve commercialization [1] Group 2 - The report highlights the potential risks associated with macroeconomic conditions not meeting expectations [1] - It also points out the risk of intelligent penetration rates falling short of projections [1] - Additionally, there are concerns regarding technological iterations not keeping pace with market demands, as well as the expansion of smart driving and Robotaxi not meeting expectations [1]

Group 1 - Guangdong Zhaozhi Technology Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The legal representative of the company is Dong Zhaojian [1] - The business scope includes technology services, development, consulting, and various sales including packaging materials and paper products [1] Group 2 - The company is authorized to engage in printing of packaging decoration and production of food paper packaging and container products, subject to approval [1] - The company can operate independently based on its business license, except for projects that require approval [1]