Core Viewpoint - The partnership between Xiuyue Group and the Chinese women's basketball team aims to leverage advanced sports rehabilitation technology to enhance the team's performance over the next decade [1][5]. Group 1: Partnership Details - The signing ceremony took place on June 24, ahead of the Asian Cup, with key representatives from both organizations present [1]. - The collaboration has been ongoing since 2019, focusing on providing professional post-game rehabilitation support using artificial intelligence technology [3]. Group 2: Technological Innovations - Xiuyue Group has developed AI rehabilitation devices that have been well-received by the athletes, including the Dot Matrix Wave Small Pass Robot and the Super V Thermal Power Robot [3]. - These devices utilize advanced techniques to alleviate muscle fatigue and enhance metabolic efficiency, contributing to the athletes' recovery [3]. Group 3: Future Plans - The partnership will continue to evolve under the "Healthy China 2030" strategy, aiming to expand the application of rehabilitation standards to the general public [5]. - The Chinese women's basketball team will serve as a model to showcase the innovative capabilities of Chinese technology in the sports industry globally [5].

在过去的25年里，港交所的"锣"越来越大，各项数据也在持续狂飙，市场结构持续优化，香港"超级联系人"的 角色也越来越重要。港交所主席唐家成表示："促进中国与世界市场的连接、推动人民币国际化及支持中国内 地市场发展将继续为港交所带来无穷机遇。" 对于香港这座国际金融中心而言，香港交易及结算所有限公司（以下简称"港交所"）的地位不言而 喻。 6月20日起，港交所标志性的金锣将在香港各区巡游两周，据介绍，这是今年港交所成立25周年庆祝活动的一 部分，也是港交所首次举办"金锣巡礼"。 多项数据爆发式增长 经过25年的发展，港交所已经从一家本地交易所发展成一个快速成长、锐意创新、充满活力与韧性的国际资本 市场，为全球资本提供了投资机遇。 自2000年至今，港交所已发展成领先全球的市场营运者以及连接中国与世界的"超级联系人"。今年以来，港交 所证券市场日均成交额超过2400亿港元，较2000年的130亿港元增长逾17倍，见证了这25年来香港市场和投资 者群体的持续增长。 港交所衍生产品市场方面的增长更为显著，今年以来的日均成交量达176万张合约，远多于2000年的37500张。 同时，港交所的新股市场也持续活跃，新股集资 ...

Core Viewpoint - Guangxi Broadcasting (600936) is undergoing a significant asset swap, exchanging 51% equity in Jiaokao Group for 100% equity in Guangdian Technology, with both assets valued at 1.411 billion yuan, marking a strategic shift from traditional broadcasting to smart engineering and related sectors [1][2]. Group 1: Company Overview - The company will cease operations in broadcasting-related businesses and transition to smart engineering, surveying, testing, new materials, and electromechanical equipment production and sales [1]. - Prior to the transaction, the company's revenue was primarily from cable transmission and broadband services, which have been declining due to the rapid growth of the internet and mobile platforms [1][2]. Group 2: Industry Context - The new business areas are closely tied to national and local government infrastructure investment policies, with overall fixed asset investment in China expected to continue growing from 2015 to 2024, providing strong market demand for the industry [2]. - The smart engineering sector, where the new assets are focused, is characterized by comprehensive solution capabilities, particularly in road traffic electromechanical engineering [2]. Group 3: Financial Impact - Post-transaction, the company's projected revenue for 2024 is 3.19 billion yuan, an increase of 1.831 billion yuan compared to pre-transaction figures, with a net profit of 200 million yuan, indicating a turnaround from previous losses [2]. - The asset-liability ratio will decrease significantly from 91.04% to 75.76% following the transaction, enhancing the company's financial stability [3]. - The performance commitment period for the transaction spans three accounting years, with net profit targets set at no less than 228 million yuan, 207 million yuan, and 150 million yuan for 2025, 2026, and 2027, respectively [3].

Core Insights - Weihai Huadong CNC achieved significant financial growth, with a net profit of 7.96 million yuan in Q1 2025, up 47.45% year-on-year, and a total revenue of approximately 334.26 million yuan in 2024, reflecting a 19.66% increase [1][5] - The company's success is attributed to a combination of local industrial policies and technological breakthroughs, particularly in the high-end equipment sector [2][8] Financial Performance - In 2024, the company's revenue from CNC machine products reached approximately 274.15 million yuan, a 23.48% increase from the previous year [5] - The net profit for 2024 was approximately 8.50 million yuan, marking a 152.35% year-on-year growth [1] Policy and Support - The establishment of the 500 million yuan Lixin Zhixin Advanced Manufacturing Venture Capital Fund in 2024 is crucial for supporting the high-end equipment and intelligent manufacturing sectors, aligning with the company's core business [2] - Tax incentives such as the VAT refund policy for CNC machine tools and R&D expense deductions have significantly reduced the company's tax burden, contributing to a 23.8% decrease in management expenses and a 40.69% reduction in financial costs in 2024 [2] Technological Advancements - The company has successfully mass-produced five-axis CNC machine tools, with an average order price of 2.22 million yuan per unit, breaking the long-standing dominance of German and Japanese manufacturers in this segment [4] - The company holds 171 patents, including 32 invention patents, which have enhanced processing precision to international advanced levels, leading to a gross margin increase to 20.71% [4] Market Expansion - In 2024, the company signed new orders with a year-on-year growth of approximately 24%, with significant contributions from the aerospace and automotive sectors [4] - The overseas market revenue grew by 35.87% in 2024, with Southeast Asia showing promising results, particularly in the renewable energy sector [6] Strategic Positioning - The company is transitioning from being perceived as a traditional machine tool manufacturer to a technology-driven growth company, with R&D personnel constituting 15.02% of its workforce [7] - The national policy aims for a CNC rate exceeding 75% by 2027, providing substantial market opportunities for the company [8] Conclusion - Weihai Huadong CNC's turnaround is a result of synergistic effects from local policy support, technological advancements, and supply chain restructuring, positioning it as a key player in China's high-end manufacturing landscape [8]

Core Viewpoint - The visit of the Kazakhstan economic and trade delegation to Chongqing aims to explore new pathways for practical economic and trade cooperation between Chongqing and Kazakhstan, focusing on the Western Land-Sea New Corridor and the Yumaotong digital trade platform [1] Group 1: Economic Cooperation - The Kazakhstan delegation engaged in a series of economic and trade exchange activities in Chongqing, highlighting the importance of bilateral cooperation [1] - The delegation visited the Yumaotong digital trade platform exhibition hall to gain insights into Chongqing's current economic development and trade capabilities [1] Group 2: Product Showcase - The delegation observed the "Chongqing-made" and "Global Purchase" product displays, which included six major industry categories such as large-scale production materials, food, agricultural products, and machinery [1] - The exhibition provided an opportunity for the delegation to learn about the "Chongqing vehicles going abroad" initiative and other significant trade products [1]

Core Viewpoint - The company achieved a net profit of 300 million yuan in 2024, representing an 80% year-on-year increase, despite a 6% decline in revenue to 2.221 billion yuan [1] Group 1: Financial Performance - In 2024, the company reported a revenue of 2.221 billion yuan, down 6% year-on-year, with a net profit of 300 million yuan, up 80% year-on-year [1] - The gross margin was 25.89%, an increase of 6.91 percentage points year-on-year, while the net margin was 13.63%, up 6.03 percentage points year-on-year [1] - In Q1 2025, the company generated revenue of 440 million yuan, a 10% decline year-on-year, with a net profit of 59 million yuan, a 1% increase year-on-year [1] Group 2: Business Segments - The company is a leading global player in electric tool chucks, with a market share of nearly 50%, and has expanded its business into high-end precision machine tools and smart manufacturing solutions [1] - In 2024, the electric tool accessories business generated revenue of 1.138 billion yuan, a 30% increase year-on-year, accounting for 51% of total revenue [2] - The company has established subsidiaries in Vietnam and Mexico to enhance overseas customer service and order acquisition capabilities [2] Group 3: New Energy and High-end Equipment - The new energy business generated revenue of 809 million yuan in 2024, a 33% decline year-on-year, making up 36% of total revenue [2] - The company is actively developing battery packs and battery swap stations, leveraging existing customer advantages in the cordless and lithium battery trends [2] - The high-end equipment manufacturing business reported revenue of 201 million yuan in 2024, an 8% decline year-on-year, representing 9% of total revenue [3] - The company’s subsidiary, Jinan Yijian, is recognized as a model enterprise in the machine tool industry, focusing on hub machine tools and automation production lines [3]

教育部教育技术与资源发展中心（中央电化教育馆）是深化教育数字化战略、提升教师数字素养、推动 信息技术与教育教学深度融合的全国性权威平台。中飞院荣膺此次活动"标杆作品"，充分彰显了学院教 师团队卓越的信息化教学创新能力，是学院长期深耕教育信息化建设、强化数字教育资源开发的标志性 成果。（编辑：孙文瑾 校对：金杰妮 审核：韩磊） 中国民航网 通讯员杜雨洲、郭九霞 报道：近日，由教育部教育技术与资源发展中心（中央电化教育 馆）主办的全国师生信息素养提升实践活动（第二十八届教师活动）高等教育专项现场交流活动在广州 举行。中飞院《航空交通机场管制课程虚拟仿真实验教学平台》案例获"标杆作品"荣誉证书，并在现场 做重点交流展示。该项目负责人、空中交通管理学院郭九霞教授作为特邀专家进行专题报告。此外，中 飞院还荣获"优秀组织单位"荣誉称号。 （中飞院供图） 现场，教育部教育技术与资源发展中心领导到中飞院展区详细听取了项目团队的汇报，并对项目的创新 价值和应用成效给予了高度评价。郭九霞在题为《民航交通运输专业虚实混合教学模式探索——机场管 制实训课程创新与实践》的报告中，系统分享了中飞院在航空管制人才培养方面的改革经验和创新成 ...

□本报记者 张韵 上周，有的基金首发规模接近20亿元，有的基金延长募集期或踩线成立，基金新发市场在一定程度上表 现出冷热不均的特点。Wind数据显示，上周，按不同份额分开计算，逾30只公募基金（含增设份额的 发行）宣告成立，总发行规模超60亿元。按同一基金不同份额合并计算，基金发行规模首尾差距超过19 亿元。 发行市场"温差"较大 据Wind统计，按不同份额分开计算，上周成立的31只公募基金合计募资约63亿元。按同一基金不同份 额合并计算，基金发行规模最高的超过19亿元，发行规模最低的仅约1000万元，"温差"较为明显。 建信上证科创板综合ETF联接、摩根中证A500增强策略ETF发行规模均超10亿元，远超其它同期成立基 金的规模；前者募资金额高达19.54亿元，后者募资超10亿元。 新基发行将迎来新亮点 在新基金发行方面，多位业内人士认为，《推动公募基金高质量发展行动方案》提出了多个关于基金发 行的新要求。未来，新基金发行有望迎来诸多新亮点。 例如，新一批浮动费率基金或将成为后续公募基金发力的重点方向。据记者了解，多家基金公司已围绕 浮动费率基金的发行展开筹备工作。 在其它同期成立的基金中，除了南方中证物联 ...

Core Viewpoint - Longxin General reported a significant increase in net profit for the first quarter of 2025, driven by growth in motorcycle and general machinery business and continuous optimization of product structure [1] Financial Performance - The company achieved operating revenue of 4.646 billion yuan, representing a year-on-year growth of 40.98% [1] - The net profit attributable to shareholders reached 507 million yuan, marking a year-on-year increase of 96.79% [1] Business Growth Drivers - The growth in net profit and revenue is primarily attributed to the expansion of the motorcycle and general machinery business [1] - Continuous optimization of product structure has also played a crucial role in enhancing profitability [1]

文/西风 2月17日，重庆美心翼申机械股份有限公司（873833）公告称：公司于2025年2月14日收到由忠县监察委员会签发的《留置通知书》，公司实控人、董事长兼总经理 徐争鸣先生被实施留置！而美心翼申2023年11月8日才在北交所上市，IPO募资净额1.1486亿元。保荐机构为中信证券、大和证券。 | 项目 | 2023年6月30日 | 2022年12月31 | 2021年12月31 | 2020年12月31 | | --- | --- | --- | --- | --- | | | /2023年1月-6月 | 日/2022年度 | 日/2021年度 | 日/2020年度 | | 资产总计(元) | 702,784,913.01 | 706,812,984.47 | 703.903.276.27 | 597,550,933.00 | | 股东权益合计(元) | 503,261,883.53 | 479,569,647.41 | 450,540,035.84 | 431,383,798.57 | | 归属于母公司所有者的股 东权益(元) | 501.818.908.95 | 477,722,497.79 | ...