策略周报 "十六连阳"背后是哪些资金在买——1 月第 1 周立体投资策 略周报 核心结论：①1 月第 1 周，资金入市合计净流入 721 亿元，前一周流出 104 亿元。②短期情绪指标处于 05 年以来高位，长期情绪指标处于 05 年以来中 低位。③从行业角度看，以换手率为例，过去一周国防军工、传媒、汽车等 热度较高。 1 月第 1 周，资金入市合计净流入 721 亿元，前一周流出 104 亿元。资金流 入方面，融资余额增加 858 亿元，公募基金发行增加 70 亿元，ETF 净赎回 4 亿元，北上资金估算净流入 96 亿元；资金流出方面，IPO 融资规模 15 亿元， 产业资本净减持 145 亿元，交易费用 139 亿元。 证券研究报告 | 2026年01月12日 短期情绪指标处于 05 年以来高位。短期情绪指标主要看换手率和融资交易 占比，最近一周换手率（年化）为 564%，当前处在历史上由低到高 87%的分 位；最近一周融资交易占比为 11.36%，当前处在历史上由低到高 90%的分位。 长期情绪指标处于 05 年以来中低位。长期情绪指标主要看大类资产比价， 一看价格对比，最近一周 A 股风险溢价（全部 ...

21世纪经济报道 记者 孙永乐 上海报道 作为券业财富管理知名"女将"，徐海宁的动向备受业内关注。 1月8日，由东方证券前副总裁、财富管理领域资深人士徐海宁与中联重科资本等，共同发起设立的上海秩汇科技有限公司（以下简称"上海秩汇科技"）正式 成立。 天眼查信息显示，上海秩汇科技有限公司属于科技推广和应用服务业，注册资本1亿元，地址位于上海市虹口区东大名路391-393号（单号）4层，法定代表 人为徐海宁。 | 统―社会信用代码：91310109MAK5B32K2Q | 电话:- | | --- | --- | | 法定代表人：徐海宁 饶 关联企业 2 | 邮箱: - | | 注册资本：10,000万人民币 | 网址: - | | 成立日期：2026-01-08 | 地址：上海市虹口区东大名路391-393号 (单号) 4层 (集中登记 | | | | 业内人士指出，这意味着昔日券业"财富管理一姐"在辞任后，正式以创业形式回归财富管理赛道。 "财富管理一姐"转身创业 中联重科资本为中联重科的全资控股子公司，具有雄厚的资本实力，聚焦战略主业与新经济领域投资，企业注册资本40亿元。中联重科是机械设备行业的龙 头企业 ...

Market Overview - The three major A-share indices experienced a slight increase on January 7, with total trading volume in the Shanghai and Shenzhen markets reaching 2.88 trillion yuan, an increase of over 49 billion yuan compared to the previous day [1] - More than 2,100 stocks closed higher, with notable gains in sectors such as storage chips, state-owned capital holdings, and advanced packaging [1] Historical Highs - A total of 99 stocks reached their historical closing highs, excluding newly listed stocks from the past year. The electronics, machinery equipment, and non-ferrous metals sectors had the highest concentration of stocks hitting new highs, with 27, 13, and 11 stocks respectively [1] - The average increase for stocks that reached historical highs was 7.25%, with stocks like Shaoyang Hydraulic, Meihua Medical, and Nanda Optoelectronics hitting the daily limit [1] Top Gainers - The top gainers among stocks that reached historical highs included: - Shaoyang Hydraulic (41.33 yuan, +20.01%) - Meihua Medical (41.56 yuan, +20.01%) - Andar Intelligent (170.08 yuan, +20.00%) - Nanda Optoelectronics (55.19 yuan, +20.00%) [2] Institutional Activity - In the market, 17 stocks were net bought by institutions, with five stocks seeing net purchases exceeding 1 billion yuan. Notably, Sanbo Brain Science and Shunhao Co. received over 2 billion yuan in net purchases [2] - Conversely, Jin Feng Technology faced the highest net sell-off by institutions, amounting to over 400 million yuan, followed by Meihua Medical and Chip Source Micro with net sells of 371 million yuan and 241 million yuan respectively [3] Northbound Capital Flow - Northbound funds saw net purchases in 14 stocks, with Nanda Optoelectronics, Sanbo Brain Science, and Lei Ke Defense leading with amounts exceeding 1 billion yuan [4] - On the sell side, Jin Feng Technology topped the list with a net sell amount of 92.58 million yuan, followed by Yunhan Chip City and Shunhao Co. with net sells exceeding 40 million yuan [5] Company Announcements - Zhongke Lanyun (688332) projected a net profit increase of 366.51% to 376.51% for 2025, driven by significant growth in the fair value of investments in Moer Thread and Muxi Co. [7] - Su Meida plans to acquire a 16.92% stake in Blue Science High-Tech to achieve control [7] - Baomo Co. is planning a change in control by its actual controller [7] - Puli Te's LCP film products are suitable for use as flexible electrode materials in brain-computer interfaces [7] - Chuanjin Nuo expects a net profit increase of 144.24% to 172.64% for 2025 [7]

Core Viewpoint - The article highlights the significant profit growth of several A-share listed companies in their 2025 performance forecasts, indicating a positive trend across various industries, including military, pharmaceuticals, and technology [3][4]. Group 1: Company Performance - Northern Navigation expects a net profit of CNY 110 million to CNY 140 million for 2025, representing a year-on-year increase of 86.32% to 137.14% from CNY 59.04 million [5]. - The company reported a non-recurring net profit of CNY 89 million to CNY 119 million, with a year-on-year growth of 121.10% to 195.63% [5]. - Northern Navigation's revenue for the first three quarters of 2025 reached CNY 2.468 billion, with a net profit of CNY 125 million, laying a solid foundation for annual performance growth [5]. Group 2: Industry Trends - Multiple A-share companies have disclosed profit growth forecasts, with Zhongtai Co. leading with a median year-on-year increase of 677.22% [6]. - Other companies like Chuanhua Zhili and Bai'ao Saitu expect median year-on-year increases of 308.82% and 303.57%, respectively [6]. - The performance growth is primarily concentrated in sectors such as machinery, public utilities, and steel, driven by steady industry demand and internal improvements in product structure and operational efficiency [7]. Group 3: Market Reactions - Northern Navigation's stock price has seen significant increases, with a cumulative rise of over 45% since mid-December 2025, reflecting positive market sentiment [5]. - The company issued a clarification regarding its involvement in the commercial aerospace sector, stating it has no related business or orders, despite market speculation [6]. Group 4: Growth Drivers - Different industries exhibit unique growth drivers; for instance, Ding Tai High-Tech benefits from surging demand for servers and data centers, while Zhongcai Technology sees growth from optimized product structures and increased sales of wind turbine blades [7]. - Companies like Whirlpool and Huayou Cobalt have also reported profit growth due to increased orders and advantages from industrial integration [7].

转自：贵州日报 "订单已经排到2026年8月。"该公司总经理胡正军说，智能碾茶设备作为该公司拳头产品，销售占比从 2024年的60%提升至2025年的90%，订单总量实现翻倍增长，不仅在省内碾茶设备市场占据60%至80% 的稳固份额，更在全国市场斩获约30%的份额。 本报讯（记者 吴传娟）2025年12月28日，贵州金沙经济开发区，贵州金三叶机械制造有限公司生产车 间内，即将发往湖南的一批智能碾茶设备正进行最后的调试。10多台设备衔接组成碾茶生产线，鲜叶一 进机器，从分拣到成品可实现全程自动化、智能化和标准化。 ...

证券之星消息，根据天眼查APP数据整理，近日，江苏聚能防务科技有限公司成立，法定代表人为黄正 祥，注册资本1353.153万元，经营范围包含：一般项目：技术服务、技术开发、技术咨询、技术交流、 技术转让、技术推广；企业管理咨询；以自有资金从事投资活动；工程和技术研究和试验发展；通用设 备制造（不含特种设备制造）；专用设备制造（不含许可类专业设备制造）；机械设备研发；机械设备 销售；机械电气设备制造；机械电气设备销售；工业控制计算机及系统制造；工业控制计算机及系统销 售；金属加工机械制造；机械零件、零部件加工；机械零件、零部件销售；金属表面处理及热处理加 工；金属材料销售；模具制造；模具销售；电子产品销售；物业管理；非居住房地产租赁（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股权穿透显示，该公司由国科军工、 贾鑫、南京聚能防务科技合伙企业（有限合伙）等共同持股。 数据来源：天眼查APP 证券之星消息，根据天眼查APP数据整理，近日，江苏聚能防务科技有限公司成立，法定代表人为黄正 祥，注册资本1353.153万元，经营范围包含：一般项目：技术服务、技术开发、技术咨询、技术交流、 技术 ...

证券之星消息，根据天眼查APP数据整理，近日，济二爱司凯（济南）科技有限公司成立，法定代表人 为王明刚，注册资本1000万元，经营范围包含：一般项目：技术服务、技术开发、技术咨询、技术交 流、技术转让、技术推广；3D打印服务；3D打印基础材料销售；机械设备研发；机械设备销售；机械 零件、零部件销售；通用设备修理；机械设备租赁；工业工程设计服务；工业自动控制系统装置制造； 工业自动控制系统装置销售；智能基础制造装备制造；智能基础制造装备销售；软件开发；智能控制系 统集成；工业互联网数据服务；货物进出口；增材制造装备销售；增材制造装备制造；数字技术服务； 专用设备制造（不含许可类专业设备制造）；电子、机械设备维护（不含特种设备）。（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股权穿透显示，该公司由爱司凯、济南 二机床集团有限公司共同持股。 数据来源：天眼查APP 数据来源：天眼查APP 证券之星消息，根据天眼查APP数据整理，近日，济二爱司凯（济南）科技有限公司成立，法定代表人 为王明刚，注册资本1000万元，经营范围包含：一般项目：技术服务、技术开发、技术咨询、技术交 流、技术转让、 ...

Core Viewpoint - The establishment of International Advanced Development Zones in Russia's Far East aims to attract foreign investment, particularly from China, by offering significant tax and regulatory incentives [1][2]. Group 1: Investment Opportunities - China is identified as the largest source of investment in Russia's Far East, with the region welcoming international partners to invest under the new International Advanced Development Zone framework [1][3]. - The International Advanced Development Zones will provide a range of benefits, including a 10-year zero income tax rate, lower insurance rates, land and infrastructure usage rights, and the ability to import labor without quotas [1][2]. - Companies must invest at least 500 million rubles to enter these zones, focusing on high value-added products or specific government-approved projects [2]. Group 2: Agricultural Cooperation - The China-Russia Agricultural Cooperation Demonstration Zone in the Primorsky Krai will serve as a pilot project for the International Advanced Development Zone, aiming to create an industrial cluster that includes agricultural processing plants and logistics facilities [2]. - The total investment from China’s Jiahua Beidahuang Agricultural Holdings in agricultural cooperation projects has exceeded 4 billion rubles, encompassing agriculture, processing, and logistics [3]. Group 3: Future Development Plans - Russia plans to unify its incentive systems in the Far East and Arctic regions by 2027, streamlining existing support mechanisms to facilitate investment under a single regulatory framework [3].

在全球精细化工、生物医药、食品加工对小批量混合的均匀度、灵活性与柔和性要求日益提升的背景 下，拥有超130年粉体处理技术积淀的瑞士企业格律克（Gericke）推出紧凑型GMS批次混合机。作为深 耕散装物料自动化处理设备与系统设计制造的专家，格律克的业务范围覆盖食品、化工、医药、石化、 建材等多个行业。GMS批次混合机采用成熟的双轴混合技术，可实现小批量物料的高品质混合。同 时，该设备具备多功能性与易操作性，有效容积范围1–20升，实现了 "高性能、紧凑型、柔和处理" 的 三重突破，是实验室、中试工厂及小批量生产的理想选择。 多场景覆盖，适配研发与生产 格律克紧凑型GMS批次混合机应用场景广泛，可支持从产品研发、工艺中试、预混准备到工艺系统集 成等多种混合场景，适用于实验室研发、中试工艺以及小批量生产环境。其灵活的配置方式使设备既可 作为独立单元运行，也可集成至现有工艺流程中，满足不同阶段对混合设备的使用需求。 双轴混合结构，混料均匀度高 格律克紧凑型GMS批次混合机采用双轴混合结构，通过两根反向旋转、水平错位布置的搅拌轴，在混 合腔体内形成流化混合区域，使物料同时产生有效的径向与轴向运动，从而实现高均匀度混合 ...

Group 1 - The core viewpoint of the news is that Shandong Mining Machinery has shown a mixed performance in terms of financing and stockholder metrics, with a notable decrease in revenue and a slight increase in net profit [1][2][3] Group 2 - As of December 29, Shandong Mining Machinery's stock price remained unchanged at 0.00%, with a trading volume of 70.48 million yuan [1] - The financing data indicates that on December 29, the company had a financing buy amount of 3.05 million yuan and a financing repayment of 7.14 million yuan, resulting in a net financing buy of -4.10 million yuan [1] - The total balance of margin trading for Shandong Mining Machinery as of December 29 is 249 million yuan, with the financing balance accounting for 3.90% of the circulating market value, which is below the 10% percentile level over the past year [1] - The company repaid 300 shares of margin trading and sold 15,300 shares on December 29, with a selling amount of 54,600 yuan, while the margin balance is 301,300 yuan, exceeding the 90% percentile level over the past year [1] Group 3 - As of December 19, the number of shareholders for Shandong Mining Machinery is 126,000, a decrease of 3.08%, while the average circulating shares per person increased by 3.17% to 14,056 shares [2] - For the period from January to September 2025, Shandong Mining Machinery reported an operating income of 1.50 billion yuan, a year-on-year decrease of 11.98%, while the net profit attributable to the parent company was 110 million yuan, showing a slight increase of 0.10% [2] Group 4 - The company has distributed a total of 206 million yuan in dividends since its A-share listing, with 58.83 million yuan distributed over the past three years [3] - As of September 30, 2025, Hong Kong Central Clearing Limited is the fifth-largest circulating shareholder of Shandong Mining Machinery, holding 5.51 million shares, an increase of 2.08 million shares compared to the previous period [3]