证券研究报告 2025 年 06 月 29 日 湘财证券研究所 行业研究 疫苗行业周报 全国首个疫苗检验中心在建，有望推动创新疫苗加速上市 相关研究： 1. 《三级医院设立公共卫生/预 防保健科，助力医防融合的推进》 20250615 2. 《多项政策推动疫苗创新》 20250622 行业评级：增持（维持） 近十二个月行业表现 -20 -10 0 10 20 30 24/07 24/10 25/01 25/04 沪深300_累计 疫苗_累计 证书编号：S0500517110001 Tel：021-50293534 Email：xw3315@xcsc.com 地址：上海市浦东新区银城路88号 中国人寿金融中心10楼 核心要点 医疗保障法草案首次亮相。《中华人民共和国医疗保障法（草案）》6 月 24 日 提请十四届全国人大常委会第十六次会议首次审议。草案共 7 章 50 条，系统 规定医疗保障体系框架、加强医疗保障基金运行管理、优化医疗保障服务、 强化监督管理。草案中提出，发生重大传染病疫情等紧急情况时，国务院医 疗保障行政部门在听取国务院卫生健康、中医药、疾病预防控制、工业和信 息化等部门意见的基础上，可以会同 ...

Group 1 - Major stock index futures are experiencing declines, with Dow futures down 0.23%, S&P 500 futures down 0.23%, and Nasdaq futures down 0.24% [1] - Cryptocurrency stocks are seeing pre-market gains, with Coinbase up over 2%, Marathon up nearly 2%, and Strategy and Riot Platforms up over 1.4% [1] - Circle, known as the "first stablecoin stock," is up nearly 15% in pre-market trading, following a previous trading day increase of 33.82% and an additional post-market rise of over 6% [1] - Tesla is up over 1.5% in pre-market trading, with plans to begin testing its Robotaxi service in Austin, Texas, with an initial fleet of about 10 vehicles for employees and invited guests [1] - Gilead Sciences is up over 2% in pre-market trading after receiving FDA approval for its HIV-1 capsid inhibitor, Lenacapavir (brand name Yeztugo), for pre-exposure prophylaxis (PrEP) [1] Group 2 - Amazon announced an investment of over $233 million to enhance its operational infrastructure in India, focusing on employee safety and welfare, as well as developing new tools and technologies for its delivery network [2] - Elon Musk's X platform is accelerating its entry into financial services, with plans for users to soon be able to invest, trade, and manage their financial lives on the platform [2] - SoftBank's Masayoshi Son is seeking collaboration with TSMC to create a $1 trillion AI center in Arizona for manufacturing robots and AI technologies [2] - Sanofi has signed a memorandum of understanding with the Abu Dhabi Department of Health to leverage the UAE's health tech ecosystem and advanced research infrastructure for global vaccine development and regional manufacturing capabilities [2]