南财智讯2月27日电，星云股份公告，公司近日赎回招商银行7天通知存款3600万元、建设银行结构性存 款2000万元，赎回本金合计5600万元，取得理财收益3.05万元，本金及收益均已到账；公司再以3600万 元闲置募集资金进行现金管理。不会影响募集资金投资项目进度和公司正常生产经营。 ...

1月5日，仕净科技披露拟变更会计师事务所的公告，表示由于中审亚太因其他个别审计项目正在配合证 监会同步核查，审计人员和时间安排无法满足公司的要求，为避免该事项对审计进度产生影响，结合公 司业务发展和审计需求等实际情况，经综合评估及审慎研究，拟聘请苏亚金诚为2025年度审计机构，聘 期1年。 2月25日晚间，仕净科技（SZ301030，股价12.46元，市值25.22亿元）披露公告称，苏亚金诚会计师事 务所（特殊普通合伙）（以下简称"苏亚金诚"）于2月13日递交《辞任函》，辞任2025年年报审计机 构。 需要注意的是，仕净科技于2026年1月19日才聘任苏亚金诚为上市公司2025年年报审计机构。也就是 说，苏亚金诚入场审计不足一个月就辞任了。对于辞任原因，苏亚金诚表示，因审计进度未达其预期及 未能按约定收取审计进度款等。 2月26日上午，《每日经济新闻》记者致电仕净科技，其接线工作人员表示："苏亚金诚辞任具体原因以 公告为准。"截至收盘，仕净科技股价报收12.46元/股，下跌13.83%。 入场审计不足一个月 仕净科技原本聘任的审计机构为中审亚太会计师事务所（特殊普通合伙）（以下简称"中审亚太"）。 根据202 ...

在低基数、AI相关行业需求延续的背景下，PPI可能在二季度个别月份转正，但持续性取决于房地产投资能否见底企稳。 文：国金宏观宋雪涛/联系人孙永乐 2026年的第一份物价数据报告出炉，1月CPI同比因春节错位下滑0.6个百分点至0.2%，但在输入性通胀的带动下，PPI同比上行0.5个百分点至-1.4%。以此 估算，1月GDP平减指数同比在-0.4%左右。 对于1月物价，我们认为有三个方面值得关注： 第一，物价数据口径修正的影响较小。 2026年物价数据迎来了五年一次的基期轮换，此次基期轮换对CPI和PPI各月同比指数的影响平均约为0.06和0.08个百分点，总体较小。 从类别上看，CPI在总类别不变的情况下（8大类、268基本分类），通过删减、合并等方式增加了一部分与新消费相关的商品价格如医疗美容服务、车用 电力、互联网医疗服务等等。同时，新增了新增计算出行服务价格指数数据。 从CPI权重上看，本轮基期CPI各分类权数总体变动不大。2025年食品烟酒及在外餐饮、衣着、居住、生活用品及服务、交通通信、教育文化娱乐、医疗 保健、其他用品及服务八个大类的权数分别为29.5%、5.4%、22.1%、5.5%、14.3% ...

Core Viewpoint - The PPI may turn positive in certain months of Q2 2026 due to low base effects and sustained demand in AI-related industries, but its sustainability depends on whether real estate investment stabilizes [2][17]. Group 1: Price Data Overview - In January 2026, the CPI decreased by 0.6 percentage points year-on-year to 0.2%, while the PPI increased by 0.5 percentage points to -1.4% due to input inflation [4]. - The impact of the price data revision is minimal, with the average effect on CPI and PPI year-on-year indices being approximately 0.06 and 0.08 percentage points, respectively [5]. - The weight distribution of CPI categories remains largely unchanged, with food, clothing, and housing accounting for significant portions of the index [5]. Group 2: Industry Contributions to PPI - The weight of midstream industries like electrical machinery and electronic equipment manufacturing, as well as non-ferrous metals, has steadily increased, while the share of black-related and downstream industries has slightly decreased [6]. - Gold prices have significantly supported CPI, contributing 0.3 percentage points, while AI-related investments have driven PPI up by 0.9 percentage points [8]. - In January, the PPI for non-ferrous metal mining and smelting industries rose by 22.7% and 17.1% year-on-year, respectively, contributing 1.1 percentage points to the PPI increase [8]. Group 3: Future PPI Trends - The PPI is expected to turn positive in Q2 2026, with tail effects contributing to this change, potentially moving from -1.5 percentage points at the beginning of the year to around +0.4 percentage points by July [13]. - If the PPI's month-on-month average stabilizes above 0%, it could lead to a positive year-on-year PPI by June, with a potential increase of around 1% [16]. - The sustainability of price increases will depend on downstream demand and the stabilization of real estate investments, which have been a drag on PPI due to declining property investments [17].

瑞财经 王敏 2月6日，江苏天南电力股份有限公司（以下简称"天南电力"）在江苏证监局启动IPO辅导备案，拟北交所上市，辅导机构为招商证 券。 2024年，公司实现营业收入7.33亿元，同比增长49.69%；归属于挂牌公司所有者的净利润1.18亿元，同比增长51.98%。 辅导报告显示，姚建生直接持有公司88.88%的股份，为公司控股股东。 天南电力实际控制人为姚建生、冒松兰夫妻。冒松兰直接持股4.68%，姚建生、冒松兰合计控股93.56%。 姚建生担任公司董事长、总经理，冒松兰担任董事，姚建生和冒松兰之子姚栋宇担任副总经理，冒松兰之弟冒松华担任副总经理。 据公开转让说明书，姚建生，出生于1968年6月，本科学历。他于1988年8月至1994年3月，从事个体经营；1994年3月至2000年4月，创办如皋市 建设元钉厂并担任厂长；1999年8月创立东升建材（后更名为"天南有限"），历任执行董事、总经理；2020年5月至今，任公司董事长、总经理； 2010年1月至今，任北京分公司负责人；2014年10月至今，任天南铝材执行董事；2014年10月至2018年1月，任天南铝材经理；2019年7月至今， 任天南智能执行董 ...

Economic Performance - In November 2025, Henan's industrial production maintained strong momentum with a year-on-year growth of 8.0%, surpassing the national average by 3.2 percentage points [21][24] - The province's social retail sales reached 2691.99 billion yuan, growing by 4.4% year-on-year, which is 3.1 percentage points higher than the national average [22][24] - Fixed asset investment in Henan increased by 4.3% year-on-year, outperforming the national average by 6.9 percentage points [23][24] Market Overview - In 2025, the Henan Index rose by 44.02%, outperforming the Shanghai Composite Index by 25.61 percentage points and the CSI 300 Index by 26.36 percentage points [55][57] - The top three A-share performers in Henan were Shijia Photon (442.55%), Litong Technology (217.20%), and Guojin Precision (212.43%) [60] - The top three H-share performers were Lingbao Gold (527.26%), Weiye Holdings (407.63%), and Luoyang Molybdenum (281.05%) [60] Company Listings - As of the end of 2025, Henan had a total of 138 listed companies, including 113 A-shares and 31 H-shares, maintaining its rankings at 12th and 9th nationally [65] - In 2025, only one new company was added to the listings in Henan, which was Aerospace Hongtu, migrating from Beijing to Hebi [65] - There were no IPOs completed in Henan in 2025, with only Shenglong Co. passing the review and awaiting issuance [65] Investment Opportunities - The report suggests focusing on three key themes for investment in 2026: the integration of the real economy and digital economy, strategic mergers and acquisitions driven by state-owned enterprise reforms, and companies related to the health and elderly care industries [6]

Core Viewpoint - Ningbo Hongxun Technology Co., Ltd. has experienced significant stock price fluctuations, with a cumulative increase of over 20% in closing prices over two consecutive trading days, raising concerns about potential risks associated with short-term price volatility [2][3]. Group 1: Stock Price Fluctuations - The company's stock price increased by 34.51% on January 9 compared to January 5, indicating a substantial short-term price rise [2][3]. - The trading volume over the last three trading days reached 1.317 billion yuan, with a high turnover rate of 13.88% on January 9, compared to an average turnover rate of 3.01% in the previous four trading days [3]. - The company has issued a warning regarding the risks of potential price declines following significant short-term increases [2][3]. Group 2: Business Operations and Revenue - The company primarily operates in three sectors: automation, digitalization, and new energy, and does not engage in humanoid robot business [2][6]. - The Italian subsidiary, EQUIPAGGIAMENTI ELETTRONICI INDUSTRIALI S.P.A. (EEI), only provides components for fusion devices, which contributes a small portion to the company's overall revenue [2][7]. Group 3: Financial Performance - For the first nine months of 2025, the company reported a revenue of 608.8041 million yuan, a decrease of 5.65% year-on-year, and a net profit attributable to shareholders of 32.0491 million yuan, down 35.18% year-on-year [4]. - As of January 9, 2026, the company's stock price was 17.11 yuan, with a rolling price-to-earnings (P/E) ratio of 148.98, significantly higher than the industry average P/E ratio of 24.55 [5]. Group 4: Market Perception and Media Reports - The market has categorized the company as a "fusion concept stock" and "humanoid robot concept stock," which the company has clarified is inaccurate as it does not engage in humanoid robotics [2][6]. - The company emphasizes that the revenue from its fusion-related business is limited and does not significantly impact its short-term performance [2][7].

Core Viewpoint - The GDP growth target for 2026 is expected to remain around 5%, with macro policies aimed at promoting consumption and expanding investment to ensure a good start for the "14th Five-Year Plan" [1][6] Export Performance - China's exports are expected to maintain resilience, with a projected nominal growth of 3.4% year-on-year in 2026, supported by factors such as strong external demand and stable Sino-US tariffs [8][12][32] - In 2025, China's export performance exceeded expectations, with nominal year-on-year growth rates of 5.4% in USD and 6.2% in RMB for the first 11 months [9] - The contribution of net exports to GDP growth in the first three quarters of 2025 was 1.5 percentage points, accounting for 29% of the total GDP growth [9] Manufacturing Investment - Manufacturing investment is expected to recover slightly from 1% in 2025 to around 2% in 2026, supported by resilient exports and policy support for advanced manufacturing [2][62] - The decline in manufacturing investment observed since Q3 2025 is attributed to factors such as "strong supply, weak demand" and trade uncertainties [41][47] - The government is likely to continue supporting advanced manufacturing through fiscal, credit, and industrial policies, emphasizing the importance of technological independence [40][52] Real Estate Sector - The direct drag of the real estate sector on the economy is expected to weaken, with a projected year-on-year decline of 5% in housing sales area for 2026 [63][64] - Real estate investment is anticipated to decline by approximately 11% year-on-year in 2026, an improvement from a 16% decline in 2025 [63][66] - Policies aimed at stabilizing the real estate market are being strengthened to prevent negative spillovers to other sectors [66][68] Consumption and Investment - Expanding domestic demand is crucial for achieving the 5% GDP growth target in 2026, with a focus on promoting consumption and investment [70][75] - The government is expected to maintain support for consumption through long-term special bonds, with a focus on enhancing consumer sentiment and addressing high baseline effects from previous consumption incentives [4][73] - Infrastructure investment is projected to rebound to around 8% year-on-year in 2026, supported by previously announced policies [4][70]

证券日报网讯1月6日，明阳电气（301291）在互动平台回答投资者提问时表示，目前公司按照既定战略 目标，有序开展重点项目，大力拓展海外业务，培育公司长期增长性，提升公司核心竞争力。 ...

Core Viewpoint - The company, 壹连科技, plans to issue convertible bonds to raise a total of no more than 1.2 billion yuan, which will be used for investment in a new energy intelligent manufacturing project and to supplement working capital [1] Group 1 - The company intends to issue convertible bonds to unspecified investors [1] - The total amount of funds to be raised through the bond issuance is capped at 1.2 billion yuan, including the principal [1] - The initial conversion price will be set at no less than the higher of the average stock trading price over the 20 trading days prior to the announcement and the trading price on the last trading day before the announcement, with no upward adjustments allowed [1] Group 2 - The net proceeds from the bond issuance, after deducting issuance costs, are planned to be invested in a flexible electric connection system project for new energy intelligent manufacturing [1] - The remaining funds will be used to supplement the company's working capital [1]