截至2025年8月20日15时18分，兆龙互连股价报57.71元，较前一交易日下跌3.49%。当日开盘价为58.04 元，最高触及58.48元，最低下探至56.56元，成交量为20.91万手，成交额达12亿元。盘中曾出现快速反 弹，9点39分时5分钟内涨幅超过2%，股价回升至57.92元。 从资金流向看，兆龙互连当日主力资金净流出6599.43万元，近五个交易日累计净流出3974.56万元。市 场交投保持活跃，当日换手率达8.17%。 风险提示：股市有风险，投资需谨慎。本文所述内容仅供参考，不构成投资建议。 兆龙互连主营业务为数据电缆、专用线缆及连接产品的研发生产，产品应用于数据中心、工业自动化等 领域。公司所属行业板块包括通信设备、铜缆高速连接等前沿技术领域。 ...

截至2025年8月8日收盘，兆龙互连股价报50.00元，较前一交易日下跌1.03%。当日成交量为86682手， 成交金额达4.37亿元。 兆龙互连是一家专注于数据电缆、高速电缆及连接产品研发生产的企业。公司产品广泛应用于通信设备 领域，涉及铜缆高速连接、光通信模块等多个技术方向。 公司在互动平台表示，其数据电缆、高速电缆及连接产品可以应用于6G高频传输、海底数据中心等场 景，可根据客户需求提供定制化方案。这一表态显示出公司在通信技术前沿领域的布局。 从资金流向来看，兆龙互连当日主力资金净流出2344.23万元，近五日累计净流出1.04亿元。 风险提示：股市有风险，投资需谨慎。 ...

Pharmaceutical and Biotechnology - Guangshengtang's innovative hepatitis B drug, Nairu Kewei GST-HG141, is currently undergoing active Phase III clinical trials [1] - Baike Biotech's Alzheimer's disease therapeutic vaccine is in the preclinical research stage [1] - Te Yi Pharmaceutical's acetaminophen tablets are suitable for symptoms related to chikungunya fever [1] Brain-Computer Interface - Jingxin Pharmaceutical has not yet entered the brain-computer interface technology field [1] - Sidik's products have not been applied in brain-computer interface electrodes or perception [1] Robotics - Feiyada's self-branded watch business has entered the Hainan duty-free channel [1] - Haineng Industrial's lawnmower orders are showing stable growth [1] - Chaojie Co., Ltd. has obtained small batch samples and formal small batch orders from clients including Zhiyuan Robotics [1] - Keda Intelligent's smart robotics-related products do not involve direct procurement and application of rare earth permanent magnet materials [1] - Lixing Co., Ltd.'s products can be applied in various rotating units required in the robotics field [1] - Digital China is a partner of Huawei Ascend [1] - Chiplink's AI glasses microphone chips and robotics laser radar chips have achieved breakthroughs [1] - Zhaolong Interconnect's data cables, high-speed cables, and connection products can be applied in 6G high-frequency transmission and underwater data centers [1] - Sanan Optoelectronics' Hunan Sanan SiC MOSFET products have been supplied in bulk to Delta and others [1] - Zhaowei Electromechanical's micro transmission and drive system products can be used in sweeping robots [1]

Core Viewpoint - Zhaolong Interconnect's stock price closed at 49.12 yuan on July 30, 2025, reflecting a decline of 1.17% from the previous trading day, with a trading volume of 651 million yuan [1] Group 1: Company Overview - Zhaolong Interconnect specializes in the research and manufacturing of data cables, specialized cables, and connection products, with applications in data centers, industrial automation, and communication networks [1] - The company's product range includes copper cable high-speed connections and optical communication modules, covering multiple technological fields [1] Group 2: Recent Developments - The company recently announced on its investor interaction platform that its products, such as robot cables, Fakra coaxial components, and single-pair Ethernet cables, are applicable in the robotics sector [1] - Zhaolong Interconnect has become a core partner for a leading international interconnect solutions provider in the active cable domain [1] Group 3: Market Activity - On July 30, 2025, Zhaolong Interconnect experienced a net outflow of main funds amounting to 44.78 million yuan, which represents 0.36% of its circulating market value [2]

Group 1: New Issuance Dynamics - As of July 21, 2025, there are 598 ongoing private placement projects, with 26 new projects added in the last two weeks, a 30% increase from the previous period[5] - The average time from proposal to approval for private placements has decreased by 90 days to 341 days, maintaining a 100% approval rate[16] - The China Securities Regulatory Commission (CSRC) approved 11 projects, a decrease of 5 from the previous period[5] Group 2: Market Performance and Trends - The total fundraising amount for newly listed projects in the last two weeks is 14.01 billion CNY, a decrease of 38.6% from the previous period[28] - The average benchmark discount rate for competitive projects is 5.51%, down 8.49 percentage points, while the market price discount rate is 7.21%, down 7.40 percentage points[28] - The average absolute return for competitive projects that were unlocked in the last two weeks is 26.74%, with a positive return rate increasing by 20%[28] Group 3: Project Analysis - Sui Rui New Materials plans to raise up to 600 million CNY for projects related to liquid rocket engine components, with expected revenue growth exceeding 10% in 2023 and 2024[20] - Zhao Long Interconnect aims to raise up to 1.195 billion CNY for a production base in Thailand, with expected capacity increases including 170,000 kilometers of data cables[24] - The average price-to-earnings (PE) ratio for Sui Rui New Materials is 4.06, significantly higher than the industry average of 9.34%[23]

Core Viewpoint - Zhejiang Zhaolong Interconnect Technology Co., Ltd. plans to issue shares to specific investors to raise funds for various projects, including the construction of a production base in Thailand and the development of intelligent manufacturing for high-speed cables and connection products [1][2]. Group 1: Issuance Details - The company aims to raise a total of approximately 121,309.95 million yuan, with 119,500.00 million yuan allocated for specific projects after deducting issuance costs [2]. - The final issuance price will be determined by the board of directors based on the results of a bidding process and in accordance with relevant regulations after approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [1][2]. - The maximum number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to 77,868,520 shares [1]. Group 2: Use of Proceeds - The raised funds will be used for the "Thailand Production Base Construction Project," "Intelligent Manufacturing Project for High-Speed Cables and Connection Products," and to supplement working capital [6][7]. - If the actual net amount raised is less than planned, the board will adjust the allocation based on the urgency and importance of the projects [2]. Group 3: Risks and Challenges - The company faces risks related to overseas sales, as its products are sold in over 100 countries, with significant revenue coming from international markets [3][4]. - Fluctuations in the prices of key raw materials, particularly copper, which constitutes a large portion of the company's costs, could impact profitability [4]. - The company is also exposed to foreign exchange risks due to its significant sales in foreign currencies, primarily USD [5]. Group 4: Corporate Structure and Shareholding - As of March 31, 2025, the total share capital of the company is 259,561,736 shares, with 18.25% being restricted shares and 81.75% being freely tradable [13]. - The controlling shareholder is Zhaolong Holdings, which directly holds a significant portion of the company's shares [13].

Core Viewpoint - The article discusses the divergent trends in copper prices between the US and other markets, particularly in light of the potential 50% tariff on copper imports proposed by President Trump, which has led to significant price fluctuations in the COMEX market compared to LME and Shanghai copper futures [1][2][9]. Market Trends - On July 8, the COMEX copper futures surged nearly 10% in a single day, while other markets like Shanghai copper futures remained relatively stable, with a slight decline of 1.36% on July 9 [4][5]. - The year-to-date performance shows that COMEX copper futures have increased by over 30%, while LME and Shanghai copper futures have only seen around 10% growth [7]. Tariff Impact - The proposed 50% tariff on copper imports is expected to significantly widen the price gap between COMEX and LME copper, which has already exceeded $2,500 per ton [9]. - If the tariff is implemented, it may reduce the "siphoning effect" on global copper inventories, leading to a potential easing of supply pressures in non-US markets [9]. Company Responses - Companies like Zhaolong Interconnect and Chuanjiang New Materials have indicated that their pricing strategies are closely tied to copper prices, with adjustments made based on market fluctuations [11][12]. - Wolong Nuclear Materials has stated that they are actively monitoring copper price changes and have implemented cost control measures to mitigate the impact of rising copper prices on profitability [13]. Future Outlook - The supply side of copper remains constrained, with declining processing fees and tight raw material supplies, while demand may weaken due to seasonal factors [15][16]. - The article suggests that the short-term outlook for copper prices may be bearish due to the tariff risks and seasonal demand decline, but medium-term support may come from supply constraints [16].

Core Viewpoint - Zhejiang Zhaolong Interconnect Technology Co., Ltd. plans to issue shares to specific investors to raise funds for various projects, including the construction of a production base in Thailand and smart manufacturing of high-speed cables and connection products [1][6]. Summary by Sections Issuance Plan - The company intends to issue a maximum of 77,868,520 shares, not exceeding 30% of the total share capital before the issuance [1]. - The final issuance price will be determined based on the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark date [1]. - All investors participating in the issuance will subscribe using cash [1]. Fund Utilization - The total investment amount for the projects is approximately 121,309.95 million yuan, with 119,500.00 million yuan expected to be raised from this issuance [2]. - The company may adjust the order and amount of fund allocation based on the urgency and importance of the projects [2]. Shareholder Structure - As of March 31, 2025, the total share capital of the company is 259,561,736 shares, with 18.25% being restricted shares and 81.75% being freely tradable shares [11]. - The controlling shareholder is Zhaolong Holdings, which holds 63.11% of the company's shares through direct and indirect means [11]. Financial Performance - The company reported total assets of 19,353.44 million yuan and net assets of 18,708.13 million yuan as of March 31, 2025 [11]. - The net profit for the first quarter of 2025 was 302.59 million yuan, compared to 1,697.27 million yuan for the entire year of 2024 [11]. Risks and Challenges - The company faces risks related to technological iteration and new product development, which are critical for maintaining market competitiveness [3]. - Fluctuations in the prices of raw materials, particularly copper, can impact the company's profit margins and financial performance [4]. - The company has a significant amount of accounts receivable, which poses a risk of delayed collection affecting operational performance [5].