2月4日至5日，山东东宏集团有限公司党委书记、董事长、东宏股份总裁倪奉尧一行应邀来我市考察，围绕城市生命线建设与智慧管网产业发展进行专题 调研与合作对接，市委常委、常务副市长石福胜，酒钢集团副总经理、宏兴股份党委书记、董事长杜昕陪同。 考察组先后走访调研了酒钢集团宏博新材料公司、嘉恒集团益民通供水有限公司、市住建局城市生命线综合监管平台、酒钢集团汇丰公司不锈钢产业园、 嘉东工业园区等地。围绕产业合作深入交换意见，就产业协作、科研合作、市场开发等领域进行了深度考察。在酒钢集团宏博新材料公司，详细了解高性 能管道材料的研发进展、生产工艺及市场应用情况；在益民通供水公司，实地调研城市供水管网布局、运行监测系统及老旧管网改造实施情况；在市住建 局专题调研了城市生命线安全工程整体规划与平台建设情况；在不锈钢产业园，重点考察了特种不锈钢板材的生产工艺、产品系列及其在高端装备领域的 应用情况；在嘉东工业园区，详细了解了园区规划布局、产业定位及基础设施配套条件。 拟稿:汪婷 考察组深度调研嘉峪关市和酒钢集团产业资源禀赋、项目承载条件，深入分析西部战略机遇、酒钢集团材料和配套优势、嘉峪关区位优势、工业配套优势 和城市建设基础优 ...

（来源：淘金ETF） 1. 中航成飞（302132） 作为中国航空工业集团核心子公司，国内歼击机、教练机等主战装备的核心研制单位，军工背景深厚且 技术积累雄厚，在航空装备制造领域占据绝对龙头地位。主营业务聚焦军用战斗机、教练机研发制造， 同时延伸至民用航空零部件加工与航空技术服务，客户覆盖国内军方及航空工业全产业链企业。依托军 用航空领域的大尺寸模锻、精密加工等核心技术，深度切入商业航天赛道，为商业火箭提供高端结构 件、航空级特种材料及定制化加工服务，尤其在重型火箭箭体部件制造方面具备独特优势。已成功为国 内多家商业火箭企业提供关键结构件支持，深度参与多个商业航天发射任务，技术可靠性与产品稳定性 获行业高度认可。未来随着商业航天规模化发展，重型火箭、可回收火箭等新型装备研发加速，公司将 进一步推动航空航天技术跨界融合，充分受益于太空算力、低轨卫星星座建设带来的增量需求，在航天 结构件、特种材料等领域持续扩大市场份额，成长空间极具想象力。 2. 中航西飞（000768） 隶属于中国航空工业集团，是国内大型运输机、轰炸机、预警机等核心军用飞机的主要制造商，具备全 产业链研发、生产与集成能力，在航空装备制造领域技术 ...

证券日报网讯 1月29日，酒钢宏兴在互动平台回答投资者提问时表示，财务共享中心已建立，并已实现 业务流、资金流、账务流的融汇贯通与一体化应用，同时构建了从票据采集、自动验真、风险预警到移 动审批的全流程数字化管理闭环，有效提升了财务处理效率。 （编辑 王雪儿） ...

证券日报网讯 1月27日，酒钢宏兴（600307）在互动平台回答投资者提问时表示，根据2024年10月21日 公布的贷款市场报价利率（LPR），一年期LPR由3.35%下调至3.1%、五年期以上LPR由3.85%下调至 3.6%。公司充分把握LPR下行契机，通过优化债务结构，置换高成本融资；积极争取各项绿色金融政 策，拓展低成本融资渠道；强化银企合作，提升议价能力；精细化管理资金，提高资金使用效率，全力 推进和压降融资成本。截至2024年末，公司综合融资成本实现同比降低，低于同期LPR，不存在高于贷 款市场报价利率的情形。 ...

Core Viewpoint - The strong surge in the steel sector, particularly the stock price of Jiugang Hongxing, is attributed to a combination of favorable fundamentals, sector-wide sentiment, and strategic capital positioning [1][2]. Group 1: Stock Performance - Jiugang Hongxing's stock reached the daily limit up of 10.11%, closing at 2.07 yuan, an increase of 0.19 yuan from the previous day's 1.88 yuan [1]. - The total trading volume for the day was 473 million yuan, with a turnover rate of 3.8% [1]. Group 2: Driving Factors - The stock price surge is driven by three main factors: 1. Concentrated release of positive fundamentals, including advancements in high-end steel research, regional expansion, multi-channel funding support, and clear expectations for reduced losses, which boosted market confidence in the company's transformation prospects [2]. 2. The overall strength of the steel sector on that day, creating a collective emotional resonance that amplified the momentum for Jiugang Hongxing and other stocks in the sector [2]. 3. Strategic capital positioning, with significant net inflows of main funds on January 22, setting the stage for concentrated buying on January 23, which directly propelled the stock price to its limit up [2].

Market Performance - The steel sector saw an increase of 1.53% on January 23, with Jiugang Hongxing leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Individual Stock Performance - Jiugang Hongxing (600307) closed at 2.07, with a rise of 10.11% and a trading volume of 2.38 million shares, amounting to a transaction value of 473 million yuan [1] - Wujin Stainless Steel (603878) also saw a significant increase of 10.05%, closing at 8.98 with a trading volume of 525,500 shares [1] - Other notable performers included Sangang Min Guang (002110) with a 4.95% increase, Baogang Co. (600010) up 3.61%, and Anyang Steel (600569) up 3.24% [1] Capital Flow Analysis - The steel sector experienced a net inflow of 397 million yuan from main funds, while retail funds saw a net outflow of 169 million yuan [2] - Main funds showed significant net inflows in stocks like Baogang Co. (600010) with 194 million yuan and Jiugang Hongxing (600307) with 145 million yuan [3] - Conversely, retail investors had notable outflows from Jiugang Hongxing and Baogang Co., indicating a shift in investor sentiment [3]

Core Viewpoint - The steel industry is entering a new phase of "reduction and quality improvement," with increasing differentiation and structural changes expected [1] Group 1: Steel Industry Overview - The steel sector experienced a rise on the 23rd, with companies like Jiugang Hongxing, Wujin Stainless Steel, and Dazhong Mining hitting the daily limit, while Fushun Special Steel and Sangang Min Guang increased by over 5% [1] - According to CICC, the new capacity replacement policy for 2025 is expected to tighten, and the new industry standards will likely promote graded management within the sector [1] Group 2: Environmental and Regulatory Factors - The implementation of ultra-low emission modifications and green indicators is anticipated to become a new tool for differentiated production control [1] - By 2026, the steel industry is expected to see a reduction in internal competition, with supply clearing expected to accelerate, benefiting ESG-compliant companies first [1] Group 3: Special Steel Sector Insights - As the "14th Five-Year Plan" begins, the domestic manufacturing sector is projected to maintain high prosperity through 2026, supported by national encouragement for technological innovation and increased investment in advanced manufacturing [1] - The acceleration of domestic substitution for key materials due to trade frictions is expected to benefit the industry by concentrating resources in high value-added areas, enhancing the overall competitiveness of special steel companies [1] - Profitability in the special steel sector is anticipated to improve, with the valuation center expected to rise [1]

Core Viewpoint - The A-share steel sector experienced a strong short-term rally, with significant upward movement in stock prices and a notable release of profit potential, driven by key stocks like JiuGang Hongxing and Wujin Stainless Steel reaching their daily limits [1] Group 1: Market Performance - The steel sector saw widespread gains, with multiple core stocks such as Dazhong Mining, Fushun Special Steel, and Shagang Co. participating in the upward trend, indicating a collective rise in the sector [1] - The rally was supported by a favorable funding environment, as the black commodity futures market showed overall gains, enhancing investor sentiment towards the steel sector [1] Group 2: Policy and Regulatory Support - The Ministry of Finance introduced policies to address low-price competition in government procurement, effective from February 1, 2026, which is expected to stabilize steel prices and support profitability for steel companies [2] - New capacity control policies are being proposed to phase out inefficient production, favoring companies with low emissions and high-end products, which will enhance industry concentration and strengthen leading enterprises [2] Group 3: Cost and Profitability Factors - The supply of iron ore is steadily increasing, and domestic resource development is intensifying, leading to a stabilization in iron ore prices, which will help steel companies reduce production costs and restore profit margins [3] - The stable supply and low prices in the coking coal sector also contribute to a favorable cost environment for steel producers [3] Group 4: Demand Drivers - The demand for steel in the electric vehicle sector is expected to grow significantly, with a projected increase of over 4% in automotive steel demand by the second half of 2025, benefiting the steel industry [4] - The shipbuilding industry is witnessing a recovery, with an anticipated growth rate of over 6% in steel demand for shipbuilding by the second half of 2025, driven by high-value steel requirements for advanced vessels [4] - Infrastructure investment is projected to maintain a growth rate of over 5% year-on-year, with increasing demand for high-strength and corrosion-resistant steel materials, solidifying the steel sector's role as a core support for demand [4]

Group 1 - The stock price of Jiugang Hongxing increased by 7.45% on January 23, reaching 2.02 CNY per share, with a trading volume of 220 million CNY and a turnover rate of 1.84%, resulting in a total market capitalization of 12.652 billion CNY [1] - Jiugang Hongxing has experienced a continuous increase in stock price for three consecutive days, with a cumulative increase of 7.43% during this period [1] - The company, established on April 21, 1999, and listed on December 20, 2000, is primarily engaged in the production and sales of steel and iron smelting and its rolling products, with main products including high-speed wire, bars, and medium-thick plates [1] Group 2 - Jiugang Hongxing's main business revenue composition includes: bars (31.86%), coils (26.12%), stainless steel (14.22%), wire (11.69%), plates (6.28%), and others (6.03%), with minor contributions from chemical products (2.30%), power (1.42%), and coke (0.03%) [1] - Among the top ten circulating shareholders of Jiugang Hongxing, a fund under Guotai Fund has increased its holdings in the Jiugang Zhongzheng Steel ETF (515210) by 19.4971 million shares in the third quarter, holding a total of 31.236 million shares, which represents 0.5% of the circulating shares [2] - The Jiugang Zhongzheng Steel ETF (515210) has a current scale of 3.98 billion CNY, with a year-to-date return of 5.83% and a one-year return of 41.47%, ranking 1840 out of 4261 in its category [2]

Core Viewpoint - The A-share market saw significant gains in the steel sector on January 23, with several stocks reaching their daily limit up, indicating strong investor interest and potential bullish sentiment in the industry [1]. Group 1: Stock Performance - Jiugang Hongxing (600307) experienced a rise of 10.11%, with a total market value of 13 billion and a year-to-date increase of 25.45% [1]. - Wujin Stainless Steel (603878) increased by 10.05%, with a market capitalization of 5.04 billion, but has seen a year-to-date decline of 3.02% [1]. - Dazhong Mining (001203) rose by 7.80%, with a market value of 49.8 billion and a year-to-date increase of 6.00% [1]. - Fushun Special Steel (600399) saw a gain of 6.16%, with a market capitalization of 13.9 billion and a year-to-date increase of 21.06% [1]. - Yongxing Materials (002756) increased by 6.11%, with a market value of 30 billion and a year-to-date rise of 2.69% [1]. - Sansteel Minguang (002110) rose by 4.73%, with a market capitalization of 11.3 billion and a year-to-date increase of 5.92% [1]. - Shagang Co. (002075) increased by 4.19%, with a market value of 13.6 billion and a year-to-date rise of 8.17% [1]. - Shengde Xintai (300881) saw a gain of 4.18%, with a market capitalization of 4.583 billion and a year-to-date increase of 23.04% [1]. Group 2: Additional Stock Movements - Yizhou Guoshi (601969) increased by 3.70%, with a market value of 23.5 billion but a year-to-date decline of 1.01% [1]. - Linggang Co. (600231) rose by 3.52%, with a market capitalization of 6.697 billion and a year-to-date increase of 9.81% [1]. - Nanjing Steel (600282) increased by 3.37%, with a market value of 35.9 billion and a year-to-date rise of 10.65% [1]. - Hebei Steel Resources (000923) saw a gain of 3.36%, with a market capitalization of 16 billion and a year-to-date increase of 16.11% [1]. - Hengxing Technology (002132) rose by 3.57%, with a market value of 5.69 billion and a year-to-date increase of 14.37% [1]. - Baogang Co. (600010) increased by 3.21%, with a market capitalization of 116.4 billion and a year-to-date rise of 7.98% [1].