以伊停火点燃市场信心，汽车板块终结"五连跌"，强势反弹！ 上周，是买汽车股的大好时机！ 中东地区火药桶终于被控制。在以伊"全面停火"达成一致后，暂停"摇摆"，局面没有进一步升级（但不排除生变的可能性）。 受这一利好消息刺激，避险情绪得以缓解，紧随而来的便是国际油价大幅回调，暴涨的金价调头下跌，而饱受其害的全球股市，亦迎来久违的集体上涨。 与此同时，乱象丛生的汽车行业扬眉吐气，摆脱了连续5周的下跌，收获上涨。 | 汽车K线 | | | 2025年第 24 期 中国三大股指表现 | | | | --- | --- | --- | --- | --- | --- | | 排名 | 股票名称 | 股票代码 | 2025.6.20 (收盘价) | 2025.6.27 (收盘价) | 股价涨跌幅 | | 1 | 上证指数 | SH.000001 | 3359.90 | 3424.23 | 1.91% | | 2 | 深证成指 | SZ.399001 | 10005.03 | 10378.55 | 3.73% | | 3 | 恒生指数 | HK HSI | 23530.48 | 24284.15 | 3.2E96層に | ...

｜2025年7月2日星期三｜ NO.1中信证券：全球算力市场步入新一轮高景气周期 中信证券研报表示，全球算力市场步入新一轮高景气周期，暖通及冷却市场迅速扩容。冷源侧，四家企 业在海外市场占据主导地位，随着全球算力建设加速，供需逐步进入紧平衡状态；机柜侧，冷板式液冷 为目前主流解决方案，包括CDU、冷板、快速接头等核心部件，服务器功率密度提升趋势下，相关产 品解决方案不断升级迭代。冷源侧聚焦海外龙头核心供应商，建议把握产业上行周期；末端液冷设备建 议关注技术实力与海外渠道兼备的优质企业。 NO.2中信证券：医药真创新和真国际化时代将迎来回报 中信证券研报指出，我国创新药发展已经取得阶段性成效，延续我们2025年下半年投资策略观点，拥抱 创新驱动和国际化+自主可控+院外营销模式改革将是下半年相对更有确定性的布局方向。考虑到创新 药板块除海外斩获外，新增国内政策大力支持，医药真创新和真国际化时代将迎来回报，有望带动板块 稳步向上。建议横向维度上，下半年围绕创新驱动和国际化+自主可控+院外营销模式改革三个领域进 行布局，尤其是最具贝塔效应的创新药领域。 NO.3中信建投：固态电池有望于2027年实现商业化应用 中信建 ...

1.颀中科技：向不特定对象发行可转换公司债券申请获得上交所受理 6月26日，颀中科技公告称，公司于2025年6月26日收到上交所出具的《关于受理合肥颀中科技股份有限 公司科创板上市公司发行证券申请的通知》，上交所对公司报送的科创板上市公司发行证券的募集说明 书及相关申请文件进行了核对，认为该项申请文件齐备，符合法定形式，决定予以受理并依法进行审 核。公司本次向不特定对象发行可转换公司债券事项尚需通过上交所审核，并获得中国证监会作出同意 注册的决定后方可实施。 2.芯碁微装：授权管理层启动公司发行H股并在香港联交所上市相关筹备工作 6月27日，合肥芯碁微电子装备股份有限公司公告，公司拟在境外发行股份（H股）并在香港联交所上 市。公司董事会同意授权公司管理层启动本次H股上市的前期筹备工作，授权期限为自董事会审议通过 之日起12个月内。公司计划与相关中介机构就本次H股上市的具体推进工作进行商讨，关于本次H股上 市的具体细节尚未最终确定。 3.艾可蓝：控股股东、实际控制人、董事长刘屹拟减持不超过约236万股 4.泰达新材：股东张五星所持200万股份解除质押 泰达新材6月25日发布公告称，安徽泰达新材料股份有限公司于2 ...

电动汽车的"里程焦虑"很快就要成为过去式了！ 目前，固态电池的发展已经进入一个关键阶段，装车节点已经逐渐清晰，比亚迪、国轩高科、一汽集团60Ah车规级电芯已下线，能量密度可 达350-400Wh/kg，充电倍率1C，循环寿命1000次，节奏时间早于预期半年左右（此前预期25年年底），预计26年进入车企全固态路试的密集 期。 一、固态电池是什么，有何特点？ 固态电池是一种使用固态电解质完全替代传统锂离子电池中液态电解液和隔膜的新型电池技术，其核心在于通过固体材料传导锂离子，从而在 安全性、能量密度和环境适应性上实现突破。与传统锂电池相比，固态电池因电解质不可燃、无泄漏风险，从根本上解决了电池热失控引发的 起火爆炸问题，尤其适用于对安全性要求极高的电动汽车和储能领域。 在能量密度方面，同等体积的电池可提供更长的续航里程，充电一次行驶1000公里。固态电池还解决了冬季电动车续航缩水的痛点，工作温度 范围扩展至-40℃至150℃，极端低温下仍能稳定放电。 二、固态电池的目前发展阶段 依据电解液质量含量不同，电池可细分为液态(25wt%)、半固态(5-10wt%)、准固态(0-5wt%)和全固态(0wt%)四大类。由于 ...

在第五届中国固态电池科技大会暨第四届中国硅基负极材料技术大会上，与会专家表示，固态电池以其 高能量密度、卓越的安全性与长循环寿命等优势，成为全球各大科研机构与企业竞相布局的战略高地。 2025年以来，我国在固态电池行业持续出台政策，推动固态电池行业发展提速。 2025年2月份，工信部等八部门发布《新型储能制造业高质量发展行动方案》，明确将固态电池列为重 点攻关方向，支持锂电池、钠电池向固态化发展，并提出2027年前打造3家至5家全球龙头企业。 近期，和固态电池有关的大会密集召开。 6月19日，第五届中国国际固态电池科技大会暨2025先进电池材料与智能装备技术展在合肥举办。6月25 日，首届硫化锂与硫化物固态电池论坛在苏州召开。 此外，第四届固态电池大会暨硅基负极产创大会将于7月3日召开；2025电解液创新发展论坛暨固态电池 研讨会将于7月9日召开；7月底还有2025上海国际分布式储能及固态电池大会暨展览会。 "如此多固态电池领域大会密集召开背后，是在政策和市场等因素的共同推动下，固态电池的产业化正 在提速，固态电池的发展正在加速迎来产业爆发的拐点。"万联证券股份有限公司投资顾问屈放在接受 《证券日报》记者采访 ...

Economic News - The Chinese government is focusing on maintaining international economic cooperation and promoting high-quality development through multilateral organizations such as APEC and BRICS [1] - In May, national lottery sales reached 57.036 billion yuan, a year-on-year increase of 19.8%, driven by increased sports events [1] - The People's Bank of China conducted a 300 billion yuan MLF operation to maintain liquidity in the banking system, resulting in a net injection of 118 billion yuan for June [1] - The Ministry of Commerce announced that foreign investment enterprises must report their domestic investment information, with pilot regions including Jiangsu and Shanghai [1] Company Insights - China Construction Bank issued 11.589 billion shares to raise 105 billion yuan [5] - Guoxuan High-Tech's all-solid-state battery is in the trial production stage, with samples sent to customers for testing [5] - Changchun Technology expects a net profit growth of 67.54% to 95.46% in the first half of 2025 [5] - Nanjing Commercial Travel plans to acquire 100% equity of Nanjing Huangpu Hotel through share issuance and cash payment [5] - Tianji Co., Ltd. is progressing with research and testing related to lithium sulfide [5] Industry Analysis Food and Beverage Sector - The food and beverage sector is experiencing a price-driven asset pricing model, with demand-side changes significantly impacting pricing and profitability [6] - The overall market sentiment is expected to improve in the second half of the year, with a focus on cyclical sectors like liquor and new consumption trends [7] - Key recommendations include companies like Kweichow Moutai, Yili, and Jin Zai Foods, which are expected to benefit from channel advantages and performance reversals [7] Home Furnishing Sector - The home furnishing market is supported by national subsidies, although real estate sales are declining [8] - The home furnishing retail sales grew by 25.6% in May, driven by subsidies, while exports are under pressure [8] - Recommended companies include Gujia Home, Sophia, and Zhibang Home, which have strong dividend yields and brand advantages [8] Textile and Apparel Sector - The textile and apparel industry is seeing a slow recovery in domestic sales, with a 6.4% year-on-year increase in retail sales in May [9] - Investment focus should be on quality brands like Hailan Home and Fuanna, as well as sports brands like Anta, which are expanding internationally [9] - Textile exports showed a slight increase of 2.5% in the first five months, while apparel exports decreased by 0.5% [9]

纽约股市三大股指6月25日涨跌不一。截至当天收盘，道琼斯工业平均指数比前一交易日下跌106.59 点，收于42982.43点，跌幅为0.25%；标准普尔500种股票指数下跌0.02点，收于6092.16点，跌幅接近于 零；纳斯达克综合指数上涨61.02点，收于19973.55点，涨幅为0.31%。 昨日A股 6月25日，市场全天震荡拉升，沪指创年内新高。截至收盘，沪指涨1.03%，深成指涨1.72%，创业板指 涨3.11%。沪深两市全天成交额1.6万亿元，较上个交易日放量1882亿元。盘面上，市场热点集中在金 融、军工等方向，个股涨多跌少，全市场超3900只个股上涨。 板块方面，军工、证券、互联网金融、保险等板块涨幅居前，油气、农药、影视、港口等板块跌幅居 前。 | 名称 | 最新点位 | 、涨跌幅 | | --- | --- | --- | | 上证指数 | 3455.97 | +35.4(1.03%) | | 深证指数 | 10393.72 | +176.09(1.72%) | | 创业板指 | 2128.39 | +64.26(3.11%) | | | 日期:6月25日 制图:21投资通 | | 隔夜外 ...

Group 1 - The company, Guoxuan High-Tech, experienced abnormal stock trading fluctuations with a cumulative price deviation exceeding 20% [1] - The company conducted a self-examination and verified with its controlling shareholders regarding the abnormal trading situation [1] - The company is in the pilot production stage of its second-generation all-solid-state battery and has begun sample delivery and vehicle testing for its G-Guang solid-state battery, which have not yet achieved commercial application [1][2] Group 2 - Guoxuan High-Tech's wholly-owned subsidiary, Hefei Guoxuan Power Energy Co., Ltd., has entered into a strategic partnership with EHang Intelligent Equipment Co., Ltd. to provide customized high-energy-density battery systems for eVTOL aircraft [2] - The specific details and progress of the collaboration are subject to uncertainties due to macroeconomic and industry policy changes, but it does not significantly impact the company's overall performance [2] - The company confirmed that there are no undisclosed significant matters that should have been disclosed according to the Shenzhen Stock Exchange regulations [2]

Core Viewpoint - Guoxuan High-Tech has announced that its Jinshi all-solid-state battery and Gyuan quasi-solid-state battery have not yet achieved commercial application, despite the increasing market attention on solid-state battery concepts [1] Company Developments - The Jinshi all-solid-state battery is currently in the pilot production stage, while the Gyuan quasi-solid-state battery has been sent to customers for sample testing and vehicle integration [1] - The aforementioned technologies and products have not yet had a significant impact on the company's overall performance [1] Strategic Partnerships - Guoxuan High-Tech's wholly-owned subsidiary, Hefei Guoxuan, has recently formed a strategic partnership with EHang Intelligent to provide customized high-energy density power battery system solutions for EHang's electric vertical takeoff and landing aircraft (eVTOL) [1] - The specifics of the cooperation and its progress are subject to uncertainties due to macroeconomic factors, industry policies, and market environment changes, but it does not currently pose a significant impact on the company's overall performance [1]

华夏时报（www.chinatimes.net.cn）记者 温冲 于建平 北京报道 6月18日，国轩高科与亿航智能达成战略合作。此次合作是双方在2023年12月签订的动力系统框架协议基础上的战 略升级，双方将在前期合作的基础上，聚焦亿航智能旗舰产品EH216系列无人驾驶电动垂直起降航空器 （eVTOL）的动力系统升级，并计划未来在多机型领域深化协作，推动低空经济产业的高质量发展。 近年来，随着低空经济蓬勃发展与飞行汽车产业加速崛起，众多企业纷纷抢滩这一新兴领域。鉴于当前主流飞行 汽车普遍采用电池作为动力系统，国内电池企业正以密集之势进军低空经济新赛道，加速布局飞行汽车动力市 场。广汽、长安、一汽等车企也蜂拥而至该领域，并在近日传来预售、试飞、落户等新消息。飞行汽车正加速飞 入寻常百姓家。 顺势而为，电池企业涌入低空经济新赛道 不过，6月18日，国轩高科在互动平台回答投资者提问时表示："公司首条全固态中试线已正式贯通，金石全固态 电池PACK系统已完成初步开发应用工作，并开启装车路测。" 汽车行业分析师田力对《华夏时报》记者表示，低空经济作为融合航空航天、新能源、智能装备的战略性新兴领 域，其核心载体飞行汽车的 ...