该行认为，短期利好奶粉及婴童相关标的，建议关注乳制品及纸尿裤龙头。短期看，育儿类可支配收入 提升直接利好婴童相关产品需求扩容及结构升级，如奶粉、纸尿裤、儿童奶、婴童食品等，该行认为短 期对包括奶粉在内的乳制品行业估值及整体消费行业估值均有一定提振作用，受益标的主要包括H&H 控股、伊利股份、蒙牛乳业、妙可蓝多、恒安国际等。 中金发表报告指，《育儿补贴制度实施方案》落地，方案明确自2025年1月1日起，对符合法律法规生育 的3岁以下婴幼儿家庭按年发放补贴，国家基础标准为每孩每年3600元。该行指，政策力度基本符合此 前预期，需求扩容确定性增强。此次政策覆盖范围广，全国所有符合生育政策的3岁以下婴幼儿家庭均 纳入补贴对象，预计按年发放模式形成持续稳定的消费支撑。 ...

Summary of Key Points Core Viewpoint - The Beijing Stock Exchange (BSE) has seen a decrease in trading volume and value over the past week, with a total of 266 listed companies and a total share capital of 37.067 billion shares as of June 8, 2025 [2][3]. Trading Activity - The weekly trading volume from June 2 to June 8 was 4.547 billion shares, a decrease of 28.37% compared to the previous week [3]. - The weekly trading value was 99.367 billion yuan, down 21.90% from the previous week [3]. - The average trading price increased by 9.04% to 21.85 yuan [3]. - The BSE 50 Index rose by 1.30% to 1427.06 points, with 28 stocks increasing, 1 remaining flat, and 21 declining [3]. New Listings and Applications - One company submitted a registration application and another had its listing application accepted during the week [5][9]. - As of June 8, 2024, there are 76 companies awaiting review, including 10 under "accepted," 56 under "inquiry," and 9 under "submitted for registration" [5]. - Three companies passed the counseling acceptance during the week [12]. Company Highlights - Hebei Shichang Automotive Parts Co., Ltd. plans to raise 171 million yuan for a new energy high-pressure oil tank project and working capital, with projected revenue growth of 22.05% in the first half of 2025 [8]. - Guangxi Senhe High-tech Co., Ltd. aims to raise 490 million yuan for an environmentally friendly precious metal extraction agent project, with revenue growth from 3.02 billion yuan in 2022 to 6.23 billion yuan in 2024 [11]. - Guangdong Banzhe Chuangke Electric Co., Ltd. passed counseling acceptance, reporting net profits of 108 million yuan and 148 million yuan for 2023 and 2024, respectively [13][14]. - Tianbo Information Technology Co., Ltd. also passed counseling acceptance, with net profits of 29.59 million yuan and 46.41 million yuan for 2023 and 2024 [15][16]. - Ying's Holdings Group Co., Ltd. reported net profits of 216 million yuan and 190 million yuan for 2023 and 2024, respectively, and passed counseling acceptance [17]. Counseling and Applications - Three companies entered the counseling period during the week [18]. - Two companies submitted counseling materials [25].