★ 宏观动态 ★ 商务部：今年1—7月农村网络零售额同比增长6.4% 在今天（8月21日）举行的商务部例行新闻发布会上，商务部新闻发言人表示，近年来，在各地各部门 共同努力下，农村电商高质量发展取得积极成效。一是农产品销售和农民增收有效促进。2025年1—7 月，农产品网络零售额同比增长7.4%，今年上半年农村居民人均可支配收入同比增长6.2%。二是农村 消费市场不断繁荣。电商带动农村商品服务供给进一步丰富，农民足不出户就能买到物美价廉的商品。 2025年1—7月，农村网络零售额同比增长6.4%。 国家能源局：2025年7月份全社会用电量同比增长8.6% 8月21日，国家能源局发布7月份全社会用电量等数据。7月份，全社会用电量10226亿千瓦时，同比增长 8.6%。从分产业用电看，第一产业用电量170亿千瓦时，同比增长20.2%；第二产业用电量5936亿千瓦 时，同比增长4.7%；第三产业用电量2081亿千瓦时，同比增长10.7%；城乡居民生活用电量2039亿千瓦 时，同比增长18.0%。1—7月，全社会用电量累计58633亿千瓦时，同比增长4.5%，其中规模以上工业 发电量为54703亿千瓦时。从分产业用电 ...

Macro Dynamics - The Ministry of Commerce reported that rural online retail sales increased by 6.4% year-on-year from January to July 2025, with agricultural product online retail sales growing by 7.4% during the same period [2] - The National Energy Administration announced that the total electricity consumption in July 2025 reached 10,226 billion kWh, a year-on-year increase of 8.6% [3] - The National Development and Reform Commission plans to conduct central frozen pork reserve storage to stabilize the pig market due to a slight decline in pork prices [4][5] Industry Developments - Anhui Province is accelerating the establishment of a provincial artificial intelligence industry fund with a total scale of no less than 20 billion yuan to support the AI sector [6] - The China Index Academy reported that 20 distressed real estate companies have restructured debts exceeding 12 billion yuan as of August 2025 [7] Financial Institutions - The Shenzhen Financial Regulatory Bureau revealed that 403 "white list" projects have been approved by banks in the region, with a total approved amount of 549.3 billion yuan [7] Company News - China Petroleum & Chemical Corporation (Sinopec) reported a 39.8% year-on-year decline in net profit for the first half of 2025, with revenue of 1.41 trillion yuan, down 10.6% [14] - Jishi Media announced a net loss of 232 million yuan for the first half of 2025, despite a revenue increase of 8.7% to 997 million yuan [15] - Bilibili reported a second-quarter revenue of 7.34 billion yuan, a 20% year-on-year increase, and a non-GAAP net profit of 560 million yuan, reversing a loss from the previous year [16] - Xian Dao Intelligent stated that it has achieved significant breakthroughs in solid-state battery production and has received repeat orders from leading domestic and international companies [17] - Vivo launched its first MR headset, the Vivo Vision Exploration Edition, which is not intended for consumer sales at this time [18]

Group 1: Company Performance - Sinopec reported a revenue of 1.4 trillion yuan and a net profit of 23.75 billion yuan for the first half of 2025, with a cash dividend of 0.088 yuan per share, representing a payout ratio of 49.7% [1] - GoerTek achieved a net profit of 1.42 billion yuan, marking a year-on-year increase of 15.65%, despite a revenue decline of 7.02% to 37.55 billion yuan [2] - Gree Electric announced a cash dividend of 20 yuan per 10 shares, totaling 11.17 billion yuan, based on a share base of 5.585 billion shares [3] - Jishi Media reported a revenue of 999.7 million yuan, with a net loss of 232 million yuan for the first half of 2025 [4] - Changchun High-tech's subsidiary received approval for a clinical trial of a dual-specific antibody drug, GenSci143, targeting B7-H3 and PSMA [5] - Greenme announced a strategic partnership with Weilan Lithium to develop high-energy battery materials and solid-state battery technologies [6] Group 2: Share Buybacks and Reductions - Sinopec plans to repurchase shares worth between 5 billion and 10 billion yuan through the Shanghai Stock Exchange [26] - Jiangxi Copper intends to reduce its stake in Zhongyin Securities by up to 3%, equating to 83.34 million shares [7] - Hengbang Mining plans to reduce its stake in the Hong Kong-listed company, WanGuo Gold, by up to 3.69% of its total share capital [10] Group 3: New Product Developments - Renhe Pharmaceutical's subsidiary is developing a brain-machine interaction smart glasses product, which is currently in the testing phase and has not yet generated sales revenue [11] - TianTan Bio received a commitment from its controlling shareholders to resolve new competition issues arising from a recent acquisition [12] - XianDao Intelligent has successfully developed a mass production solution for solid-state batteries and received repeat orders for related products [13] - Zejing Pharmaceutical received approval for clinical trials of ZG005 and ZGGS18 in combination with a cancer treatment drug [14] - Wantai Bio received a production approval for its nine-valent HPV vaccine, marking a new revenue stream [15]

先导智能在互动平台表示，在固态电池领域，公司作为拥有完全自主知识产权的全固态电池整线解决方 案服务商，已成功打通全固态电池量产的全线工艺环节，并在核心环节取得多项技术突破。截至目前， 公司已与多家国内外行业领军企业达成设备合作，不仅向欧美日韩等国家和地区及国内头部电池客户、 知名车企和新兴电池客户交付了各工段的固态电池核心设备，更成功输出量产级固态电池整线方案，相 关产品得到客户的高度认可且已陆续获得重复订单。 ...