Core Insights - The report highlights the ongoing development of U.S.-China relations, with President Trump planning a visit to China in April, which is seen as beneficial for both nations [2] - The People's Bank of China is actively engaging with global financial leaders, indicating a focus on macroeconomic policies and trade relations [2] - The Chinese government is prioritizing the service sector in 2026, aiming to expand market access and promote digital trade [2] - The State-owned Assets Supervision and Administration Commission is working on initiatives to optimize the layout of state-owned enterprises, with significant investment planned for R&D and asset growth [2] - The report emphasizes the importance of the photovoltaic industry and the need for regulatory measures to ensure healthy competition [2] Company Insights - TikTok has established a joint venture in the U.S. for data security, indicating a strategic move to enhance its operational transparency [5] - China National Petroleum Corporation has achieved large-scale production of high-end materials, reducing reliance on imports for strategic industries [5] - SpaceX is preparing for a significant IPO, aiming for a valuation of approximately $1.5 trillion, which reflects its growth potential in the commercial space sector [5] - China Aerospace Science and Technology Corporation is focusing on enhancing its commercial launch capabilities, with ambitious goals for the next decade [5] Banking Sector Insights - The report indicates a slight increase in the proportion of active funds in the banking sector, with a total market value of 1.61 trillion yuan allocated to A-shares [6] - The concentration of holdings among the top five banks has decreased, with notable fluctuations in individual bank positions [7] - Northbound capital has seen a net reduction in bank stocks, with significant decreases in holdings for certain banks [8] - The banking sector is expected to benefit from macroeconomic policies aimed at improving credit conditions and stabilizing net interest margins [8][9]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、基本情况 上海汉钟精机股份有限公司（以下简称"公司"）全资子公司浙江柯茂节能环保工程设备有限公司（以下 简称"浙江柯茂"）于近日收到浙江省经济和信息化厅、浙江省财政厅、国家税务总局浙江省税务局联合 颁发的《高新技术企业证书》，证书编号为GR202533010275，发证日期为2025年12月19日，有效期三 年。 二、 通过高新技术企业认定对公司的影响 本次系浙江柯茂首次被认定为高新技术企业。根据《中华人民共和国企业所得税法》以及国家对高新技 术企业的相关税收规定，浙江柯茂自通过本次高新技术企业认定当年起连续三年（即2025年至2027 年），可享受国家关于高新技术企业的税收优惠政策，即按15%的税率缴纳企业所得税。 本次浙江柯茂通过高新技术企业认定，预计将会对其经营发展产生积极影响，但不会影响公司2025年度 经营业绩。 证券代码：002158 证券简称：汉钟精机 公告编号：2026-001 上海汉钟精机股份有限公司关于子公司浙江 柯茂通过高新技术企业认定的 ...

Core Viewpoint - The company HanZhong Precision Machinery has a diverse range of main business activities, including the manufacturing and sales of refrigeration compressors, air compressors, and vacuum pumps, indicating a strong position in the general machinery equipment sector [2] Group 1: Business Overview - The company's refrigeration compressor products are primarily used in commercial central air conditioning systems, cold chain logistics, and industrial refrigeration [2] - Air compressor products are applied in various industrial manufacturing fields such as engineering machinery, electronics, power, chemicals, textiles, food, and pharmaceuticals [2] - Vacuum pump products have broad application prospects in industries like photovoltaics, semiconductors, lithium batteries, pharmaceuticals, chemicals, and electronics [2] Group 2: Product Versatility - The company's products exhibit high versatility and potential for cross-industry applications, allowing for flexible use in diverse end-user scenarios based on specific customer needs [2]

本次系浙江柯茂首次被认定为高新技术企业。根据《中华人民共和国企业所得税法》以及国家对高新技 术企业的相关税收规定，浙江柯茂自通过本次高新技术企业认定当年起连续三年（即 2025 年至 2027 年），可享受国家关于高新技术企业的税收优惠政策，即按15%的税率缴纳企业所得税。 格隆汇1月26日丨汉钟精机(002158.SZ)公布，公司全资子公司浙江柯茂于近日收到浙江省经济和信息化 厅、浙江省财政厅、国家税务总局浙江省税务局联合颁发的《高新技术企业证书》，证书编号为 GR202533010275，发证日期为2025年12月19日，有效期三年。 ...

Core Viewpoint - The company Hanbell Precise Machinery (002158.SZ) has received the "High-tech Enterprise Certificate" for its wholly-owned subsidiary Zhejiang Kema, which will provide tax benefits for the next three years [1] Group 1: Company Announcement - Zhejiang Kema has been recognized as a high-tech enterprise for the first time [1] - The certificate was issued by the Zhejiang Provincial Department of Economy and Information Technology, the Zhejiang Provincial Department of Finance, and the State Taxation Administration of Zhejiang Province [1] - The certificate number is GR202533010275, with an issuance date of December 19, 2025, and it is valid for three years [1] Group 2: Tax Benefits - From the year of recognition (2025) until 2027, Zhejiang Kema will benefit from a reduced corporate income tax rate of 15% as per the relevant tax regulations for high-tech enterprises [1] - This tax incentive is in accordance with the "Enterprise Income Tax Law of the People's Republic of China" and related policies for high-tech enterprises [1]

关于子公司浙江柯茂通过高新技术企业认定的公告 证券代码：002158 证券简称：汉钟精机 公告编号：2026-001 上海汉钟精机股份有限公司 本次系浙江柯茂首次被认定为高新技术企业。根据《中华人民共和国企业所得税法》以 及国家对高新技术企业的相关税收规定，浙江柯茂自通过本次高新技术企业认定当年起连续 三年（即 2025 年至 2027 年），可享受国家关于高新技术企业的税收优惠政策，即按 15%的 税率缴纳企业所得税。 本次浙江柯茂通过高新技术企业认定，预计将会对其经营发展产生积极影响，但不会影 响公司 2025 年度经营业绩。 三、备查文件 浙江柯茂《高新技术企业证书》（证书编号：GR202533010275） 特此公告。 上海汉钟精机股份有限公司 关于子公司浙江柯茂通过高新技术企业认定的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、基本情况 上海汉钟精机股份有限公司（以下简称"公司"）全资子公司浙江柯茂节能环保工程设 备有限公司（以下简称"浙江柯茂"）于近日收到浙江省经济和信息化厅、浙江省财政厅、 国家税务总局浙江省税务局联合颁发的《高新技术 ...

Core Viewpoint - The company, Hanzhong Precision Machinery, has gained recognition from some domestic chip manufacturers for its vacuum products and has begun bulk supply, which includes both new production line expansions and the replacement of old vacuum pumps [1] Group 1: Company Developments - Hanzhong Precision Machinery is collaborating with new clients and new processes for testing and validation of its vacuum products [1] - The main competitor in the semiconductor vacuum pump market is Edwards [1] Group 2: Market Impact - The revenue from vacuum products is expected to decline in 2025, primarily due to the impact of the photovoltaic industry, as the application proportion of vacuum pumps in photovoltaics decreases; however, the subsequent impact is expected to gradually diminish [1]

Group 1: Financial Performance - In the first three quarters of 2025, the company reported a revenue of 2.265 billion yuan, a year-on-year decrease of 20.70% [2] - The net profit for the same period was 392 million yuan, reflecting a year-on-year decline of 45.69% [2] - Basic earnings per share stood at 0.7327 yuan, also down by 45.69% compared to the previous year [2] - The weighted average return on net assets was 9.16%, a decrease of 9.20% year-on-year [2] Group 2: Product Overview - The company's main business focuses on two core segments: compressors and vacuum pumps, with compressors further divided into refrigeration and air compression series [2] - The refrigeration product matrix includes commercial central air conditioning compressors, refrigeration compressors, and heat pump compressors, catering to diverse cooling and temperature control needs [2] - The air compressor products are essential in various industries, including engineering machinery, pharmaceuticals, chemicals, electronics, and road maintenance, ensuring efficient production processes [3] Group 3: Market Position and Competition - The main competitor for the magnetic suspension compressor is Danfoss [2] - The company is actively expanding into the oil-free air compressor market, targeting industries with high air quality requirements, such as food, biomedicine, and electronics [3] - The semiconductor vacuum pump faces competition from Edwards [3] - Sales revenue for vacuum products decreased in 2025, primarily due to a decline in the photovoltaic industry, but the impact is expected to lessen as the proportion of vacuum pumps used in photovoltaics decreases [3]

Economic News - The Ministry of Commerce stated that multiple rounds of consultations have been held between China and the EU to address the EU's case against Chinese electric vehicles, agreeing to provide general guidance on price commitments for Chinese exporters [1] - The U.S. has escalated sanctions against Iran, imposing a 25% tariff on any country conducting business with Iran [1] - The National Development and Reform Commission issued guidelines to strengthen government investment fund planning, focusing on supporting emerging industries such as new information technology and new energy [1] - The Ministry of Agriculture aims to increase soybean oil production capacity and self-sufficiency, promoting higher yields in grain and oil crops [1] - The U.S. Federal Reserve chair candidates are being interviewed, with Rick Rieder from BlackRock being a notable candidate [1] - Tianjin's housing authority has mandated that new home prices cannot fluctuate more than 10% from the registered price to prevent rapid price declines [1] - The official confirmation of the J-10CE fighter jet achieving combat success, marking a significant milestone for China's export aircraft [1] - The Ministry of Health and other departments released regulations on the management of deceased patients' services, emphasizing that medical institutions should not engage in funeral services [1] - The Ministry of Industry and Information Technology plans to enhance the role of enterprises in technological innovation and implement new policies to support high-quality development of specialized small and medium-sized enterprises [1] - The State Administration for Market Regulation released 160 national standard samples to improve product quality and promote technological advancement [1] Company Insights - WuXi AppTec expects to achieve a revenue of 45.456 billion yuan in 2025, a year-on-year increase of 15.84%, with a net profit of 19.151 billion yuan, up 102.65% [4] - Zhitex New Materials' stock has seen a continuous rise, with a 198.57% increase over six trading days, leading to a temporary suspension of trading [4] - Jinlongyu plans to invest approximately 1.2 billion yuan in a new solid-state battery production line in Shenzhen [4] - Yonghui Supermarket anticipates a negative net profit for 2025, indicating a potential operational loss [4] - Blue Arrow Electronics intends to acquire at least 51% of Chengdu Xinyi Technology Co., with a valuation not exceeding 675 million yuan [4] Industry Analysis - The securities industry is expected to see improved performance in 2026 due to supportive policies and accelerated consolidation, despite challenges from global geopolitical events and trade issues [5][6] - The average daily trading volume has increased since early 2025, indicating improved market activity and investor engagement [6] - Regulatory support for technology growth companies has led to increased IPO and financing activities, benefiting brokerage revenues [7] - The stability and sustainability of proprietary investments are crucial for brokerage performance, with a focus on balancing high returns and risk management [8] - The securities industry is likely to experience further consolidation, with notable mergers already occurring among major firms [10]

Economic News - The Ministry of Commerce responded to the export control of dual-use items to Japan, stating that China aims to prevent Japan's militarization and nuclear ambitions through legal measures [1] - The Ministry of Foreign Affairs condemned the U.S. for seizing a Russian-flagged oil tanker, emphasizing that such actions violate international law [1] - The Ministry of Commerce commented on Meta's acquisition of Manus, indicating that the government supports lawful international business operations [1] - The Ministry of Commerce discussed South Korean President Lee Jae-myung's visit to China, highlighting agreements to deepen economic cooperation [1] - The State Administration for Market Regulation held discussions with the photovoltaic industry association and leading companies to prevent market manipulation [1] - The Ministry of Industry and Information Technology warned against irrational competition in the lithium battery industry [1] - The Ministry of Finance plans to issue a 1-year fixed-rate bond totaling 135 billion yuan and a 30-year bond totaling 32 billion yuan [1] Company Insights - Sinopec announced a restructuring with China Aviation Oil Group to enhance supply chain efficiency and promote sustainable aviation fuel development [4] - Beifang Changlong plans to acquire 51% of Shunyi Technology, which is expected to constitute a major asset restructuring [4] - Quanxin Co. intends to issue convertible bonds to raise up to 312 million yuan for aviation communication projects and working capital [4] - Yingqu Technology forecasts a net profit of 540 million to 660 million yuan for 2025, driven by stable growth in various business segments [4] - Wens Foodstuff Group expects a net profit of 5 billion to 5.5 billion yuan for 2025, a decline attributed to lower sales prices of pigs and chickens [4] Industry Analysis - The securities industry is expected to see improved performance in 2026 due to supportive policies and accelerated consolidation [6][7] - The average daily trading volume has increased since early 2025, indicating improved market activity [7] - Regulatory support for technology growth companies has led to increased IPO and financing activity, benefiting brokerage revenues [8] - The self-operated investment segment is becoming crucial for brokerage firms' profitability, with a focus on maintaining stability amid market volatility [9] - The securities industry is likely to experience further consolidation, with notable mergers already occurring among leading firms [11]