证券研究报告 东吴证券晨会纪要 东吴证券晨会纪要 2026-03-26 宏观策略 [Table_MacroStrategy] 宏观量化经济指数周报 20260322：上海商品房销售量价齐升 关注本轮商品房销售修复的持续性。 宏观周报 20260322：全球实际利率走高令黄金承压——海外周报 20260322 核心观点：本周中东局势升温，主要央行在"超级央行周"释放鹰派信号， 紧货币交易在全球范围内升温，令长端国债收益率大幅上行，金、银价格 承压。其中，更加鹰派的英央行释放紧货币预期，带动英镑、欧元走强， 美元指数表现相对弱势，因此一度出现美元指数与黄金价格同步走弱现 象，其背后的原因是，作为全球定价的资产，黄金不单是由美元实际利率 预期定价，而是由全球实际利率预期来定价。在紧货币预期下，当前联邦 基金期货市场已开始定价美联储年内加息预期。我们认为，在当前美国经 济环境下，美联储的加息决策应当是油价和通胀失控之后的偏右侧行为， 而非基准情形。 宏观深度报告 20260321：中国造船：全球领先的实力与底气 我国造船业完成了一场从"规模扩张"向"量质齐升"的转变 金融产品周报 20260321：下周可能是近期投资 ...

Core Viewpoint - The company is actively involved in the production of automotive parts, with ongoing development and iteration of new vehicle models by the main manufacturers [1] Group 1: Business Operations - The company is undertaking a variety of automotive parts production, which includes multiple vehicle models and categories [1] - The company is coordinating capacity, production preparation, and resource assurance based on overall planning and market development progress [1] Group 2: Future Prospects - The ongoing construction of the "lightweight body components project for new energy vehicles" is expected to enhance the company's production capacity and business scale once all production lines are installed and debugged [1]