每经记者｜黄海 每经编辑｜张益铭 周大福投资控股有限公司（以下简称周大福投资）再度向ST景谷（SH600265，股价26.70元，市值34.66 亿元）伸出援手。 9月23日晚间，ST景谷公告称，周大福投资拟将旗下主营算力服务的上海博达数智科技有限公司（以下 简称博达数科）51%股权无偿赠与上市公司。公司无需支付任何对价，也不附任何义务。同时，考虑到 上市公司的流动资金水平，ST景谷还拟向周大福投资申请借款6000万元，无需公司提供抵押或担保。 值得注意的是，今年8月15日，ST景谷公告，公司拟将持有的唐县汇银木业有限公司（以下简称汇银木 业）51%股权以不低于1.33亿元出售给周大福投资。汇银木业曾是ST景谷的核心资产，年收入占比八至 九成，但目前其经营状况不佳，风险持续暴露。 9月23日晚间，为助力ST景谷剥离不良资产，减轻其负担与压力，促进其长期健康发展，周大福投资进 一步对上述交易给出"兜底"承诺。周大福投资作出无条件、不可撤销承诺："在景谷林业（即ST景谷） 对本公司出售汇银木业51%股权交割完成前后，因汇银木业相关事项对景谷林业产生的实际损失，均由 控股股东周大福投资向景谷林业予以偿付或予以解决。 ...

为快速隔离汇银木业的债务、诉讼及经营风险，周大福投资将汇银木业51%股权接下，并为后续汇银木 业可能对上市公司造成的实际损失进行偿付或予以解决。 周大福投资控股有限公司再度向ST景谷（SH600265，股价26.7元，市值34.66亿元）伸出援手。 9月23日晚间，ST景谷公告称，周大福投资拟将旗下主营算力服务的上海博达数智科技有限公司（以下 简称博达数科）51%股权无偿赠与上市公司。公司无需支付任何对价，也不附任何义务。同时，考虑到 上市公司的流动资金水平，ST景谷还拟向周大福投资申请借款6000万元，无需公司提供抵押或担保。 值得注意的是，今年8月15日，ST景谷还曾公告，公司拟将持有的唐县汇银木业有限公司（以下简称汇 银木业）51%股权以不低于1.33亿元出售给周大福投资。汇银木业曾是ST景谷的核心资产，年收入占比 八至九成，但目前其已经营状况不佳，风险持续暴露。 9月23日晚间，为助力ST景谷剥离不良资产，减轻其负担与压力，促进其长期健康发展，周大福投资进 一步对上述交易做出"兜底"承诺。周大福投资作出无条件、不可撤销承诺："在景谷林业（即ST景谷） 对本公司出售汇银木业51%股权交割完成前后，因汇银 ...

Core Viewpoints - The article emphasizes the importance of focusing on fundamental investment logic from June to August, suggesting that investors should pay attention to traditional capacity clearance, the rise of new consumption, and sectors with high industry prosperity [1][4][5]. Investment Insights - A-shares experienced a volatile upward trend in early June, with institutions recommending a focus on sectors such as automotive, non-ferrous metals, retail, beauty care, and chemical pharmaceuticals [1][5]. - The People's Bank of China has increased its gold reserves for seven consecutive months, indicating a strategic move to bolster foreign exchange reserves, which stood at $32,853 billion as of May 2025 [1]. Market Trends - The Shanghai Stock Exchange plans to enhance the dividend index product system to encourage companies to increase dividend payouts and improve investment value [2]. - Foreign institutions like Morgan Stanley and Goldman Sachs express optimism about the asset allocation value in China, citing favorable economic growth expectations and relatively low asset valuations [3]. Sector Focus - Citic Securities suggests a focus on fundamental investment logic, particularly in the computing power supply chain, including AI servers and related technologies [4]. - Dongwu Securities anticipates continued short-term theme rotation, with attention on new consumption, innovative pharmaceuticals, and AI-related sectors [6][7]. - Huatai-PB Fund notes an improvement in A-share company performance and potential recovery in foreign trade and economic expectations, leading to increased focus on consumption and cyclical sectors [8]. - Huitianfu Fund indicates that the timing for investing in technology growth is approaching, especially in the AI industry chain [9]. -招商基金 highlights that Hong Kong stocks may have recovery potential in the medium to long term, driven by policy support and improved liquidity [10].