582 lines
34 KiB
HTML
582 lines
34 KiB
HTML
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<!DOCTYPE html>
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<html lang="zh-CN">
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<head>
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<meta charset="utf-8" />
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<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
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<title>并购重组政策与市场预期分析</title>
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#particles-js {
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@media (max-width: 768px) {
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.container {
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padding-left: 1rem;
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</style>
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</head>
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<body class="bg-gray-50 text-gray-800">
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<div id="particles-js"></div>
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<div class="container mx-auto px-4 py-8 max-w-7xl">
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<!-- 标题部分 -->
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<div class="text-center mb-12 mt-6">
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<h1 class="text-4xl md:text-5xl font-bold mb-4 text-gradient">并购重组政策与市场预期分析</h1>
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<p class="text-lg text-gray-600 max-w-3xl mx-auto">
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深度解析政策红利期下的并购重组市场，从"主题炒作"转向"产业整合驱动"的投资机遇
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</p>
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</div>
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<!-- 概念事件时间轴 -->
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<div class="mb-12">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-history mr-3 text-blue-600"></i>
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概念事件时间轴
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</h2>
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<div class="card bg-white shadow-lg p-6">
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<div class="relative pl-8">
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<div class="timeline-line"></div>
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<div class="space-y-8">
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2023年2月</h3>
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<p class="text-gray-700">证监会修订《重大资产重组管理办法》，首次将重组底价从九折降至八折，简化审核流程。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2024年2月5日</h3>
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<p class="text-gray-700">证监会召开并购重组座谈会，提出"快速审核"头部大市值公司、支持"两创"企业并购。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2024年4月12日</h3>
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<p class="text-gray-700">国务院发布"新国九条"，明确"加大并购重组改革力度，活跃并购重组市场"。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2024年6月19日</h3>
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<p class="text-gray-700">证监会发布"科八条"，允许科创板公司收购未盈利"硬科技"资产，建立"绿色通道"。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2024年9月24日</h3>
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<p class="text-gray-700">证监会发布"并购六条"，首次允许跨行业并购、收购未盈利资产，并推出"简易审核程序"（5个工作日完成注册）。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2024年10月</h3>
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<p class="text-gray-700">上交所发布《并购重组规则一本通》，北交所、上海/深圳等地出台配套政策，推动地方国资整合。</p>
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</div>
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</div>
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<div class="timeline-item relative">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-bold text-blue-700">2025年5月</h3>
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<p class="text-gray-700">证监会修订《重大资产重组办法》，提出"一次注册、分期发行"，审核周期缩短至5个工作日（2024年平均200天）。</p>
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</div>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- 核心观点摘要 -->
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<div class="mb-12">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-lightbulb mr-3 text-yellow-500"></i>
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核心观点摘要
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</h2>
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<div class="grid grid-cols-1 md:grid-cols-3 gap-6">
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<div class="card bg-white shadow-lg p-6 card-hover">
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<div class="text-center mb-4">
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<div class="w-16 h-16 bg-blue-100 rounded-full flex items-center justify-center mx-auto mb-3">
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<i class="fas fa-chart-line text-blue-600 text-2xl"></i>
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</div>
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<h3 class="text-xl font-bold text-gray-800">阶段判断</h3>
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</div>
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<p class="text-gray-700 text-center">
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并购重组概念处于<strong class="text-blue-600">政策红利兑现期</strong>，从"主题炒作"转向"产业整合驱动"。
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</p>
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</div>
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<div class="card bg-white shadow-lg p-6 card-hover">
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<div class="text-center mb-4">
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<div class="w-16 h-16 bg-green-100 rounded-full flex items-center justify-center mx-auto mb-3">
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<i class="fas fa-rocket text-green-600 text-2xl"></i>
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</div>
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<h3 class="text-xl font-bold text-gray-800">核心驱动力</h3>
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</div>
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<p class="text-gray-700 text-center">
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政策松绑 + 一级市场堰塞湖 + 央国企专业化整合（2025年国企并购金额占比<strong class="text-green-600">68%</strong>）。
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</p>
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</div>
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<div class="card bg-white shadow-lg p-6 card-hover">
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<div class="text-center mb-4">
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<div class="w-16 h-16 bg-purple-100 rounded-full flex items-center justify-center mx-auto mb-3">
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<i class="fas fa-coins text-purple-600 text-2xl"></i>
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</div>
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<h3 class="text-xl font-bold text-gray-800">未来潜力</h3>
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</div>
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<p class="text-gray-700 text-center">
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2025年交易规模有望突破<strong class="text-purple-600">5000亿元</strong>（2024年为4807亿元）。
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</p>
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</div>
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</div>
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</div>
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<!-- 核心逻辑与市场认知分析 -->
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<div class="mb-12">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-brain mr-3 text-indigo-600"></i>
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核心逻辑与市场认知分析
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</h2>
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
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<div class="card bg-white shadow-lg p-6">
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<h3 class="text-xl font-bold mb-4 text-indigo-700">核心驱动力</h3>
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<div class="space-y-4">
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">政策端</h4>
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<ul class="list-disc pl-5 text-gray-700 space-y-1">
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<li><strong>估值包容性</strong>：允许收购未盈利资产（如芯联集成收购芯联越州）</li>
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<li><strong>支付工具创新</strong>：定向可转债、分期支付（思瑞浦并购创芯微案例）</li>
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<li><strong>审核效率</strong>：简易程序5日注册（2024年科创板平均200天）</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">产业端</h4>
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<ul class="list-disc pl-5 text-gray-700 space-y-1">
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<li><strong>硬科技并购</strong>：半导体、AI、新能源领域占比50%（2024年重大重组事件）</li>
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<li><strong>央国企整合</strong>：南北船合并、中国船舶吸收合并中国重工等案例</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">市场端</h4>
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<ul class="list-disc pl-5 text-gray-700 space-y-1">
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<li><strong>IPO替代</strong>：2024年IPO募资同比下降31%，并购成为退出主渠道</li>
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</ul>
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||
</div>
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</div>
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</div>
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<div class="card bg-white shadow-lg p-6">
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<h3 class="text-xl font-bold mb-4 text-indigo-700">市场热度与预期差</h3>
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<div class="space-y-4">
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">市场热度</h4>
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<ul class="list-disc pl-5 text-gray-700 space-y-1">
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<li><strong>新闻热度</strong>：2024年9月后"并购重组"关键词搜索量环比上升<strong class="text-red-600">320%</strong>（百度指数）</li>
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<li><strong>研报密集度</strong>：2024年Q4相关研报数量达<strong class="text-red-600">57篇</strong>（2023年同期仅12篇）</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">预期差分析</h4>
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<ul class="list-disc pl-5 text-gray-700 space-y-1">
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<li><strong>中小市值机会</strong>：政策明确支持50亿以下公司并购（2024年50亿以下重组案例占比40%）</li>
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<li><strong>一级市场堰塞湖</strong>：2023年终止IPO企业<strong class="text-red-600">427家</strong>，潜在借壳标的充足（如奥拉半导体借壳双成药业）</li>
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</ul>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- 关键催化剂与未来发展路径 -->
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<div class="mb-12">
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<h2 class="text-2xl font-bold mb-6 flex items-center">
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<i class="fas fa-route mr-3 text-green-600"></i>
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关键催化剂与未来发展路径
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</h2>
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
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<div class="card bg-gradient-to-br from-green-50 to-blue-50 shadow-lg p-6">
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<h3 class="text-xl font-bold mb-4 text-green-700">近期催化剂（3-6个月）</h3>
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<div class="space-y-4">
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<div class="flex items-start">
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<div class="bg-green-100 rounded-full p-2 mr-3 mt-1">
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<i class="fas fa-check text-green-600"></i>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800">政策落地</h4>
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<p class="text-gray-700 text-sm">2025年Q2首批"简易审核程序"项目过会（如海光信息合并中科曙光）</p>
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</div>
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</div>
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<div class="flex items-start">
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||
<div class="bg-green-100 rounded-full p-2 mr-3 mt-1">
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<i class="fas fa-check text-green-600"></i>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800">地方国资行动</h4>
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<p class="text-gray-700 text-sm">上海/深圳2025年并购基金落地（规模<strong class="text-green-600">300亿元</strong>）</p>
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</div>
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||
</div>
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<div class="flex items-start">
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||
<div class="bg-green-100 rounded-full p-2 mr-3 mt-1">
|
||
<i class="fas fa-check text-green-600"></i>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800">财报验证</h4>
|
||
<p class="text-gray-700 text-sm">2024年报披露后，并购标的业绩承诺完成率（当前75%达标）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div class="card bg-gradient-to-br from-purple-50 to-pink-50 shadow-lg p-6">
|
||
<h3 class="text-xl font-bold mb-4 text-purple-700">长期路径（2025-2027）</h3>
|
||
<div class="space-y-4">
|
||
<div class="flex items-start">
|
||
<div class="bg-purple-100 rounded-full p-2 mr-3 mt-1">
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||
<span class="text-purple-600 font-bold">1</span>
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||
</div>
|
||
<div>
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||
<h4 class="font-semibold text-gray-800">阶段1（2025）</h4>
|
||
<p class="text-gray-700 text-sm">政策驱动，交易规模翻倍至<strong class="text-purple-600">1万亿元</strong>（类比2014-2015年）</p>
|
||
</div>
|
||
</div>
|
||
<div class="flex items-start">
|
||
<div class="bg-purple-100 rounded-full p-2 mr-3 mt-1">
|
||
<span class="text-purple-600 font-bold">2</span>
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||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800">阶段2（2026-2027）</h4>
|
||
<p class="text-gray-700 text-sm">产业整合见效，商誉减值风险出清，龙头市占率提升（如半导体设备国产化率从20%→40%）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 产业链与核心公司深度剖析 -->
|
||
<div class="mb-12">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-project-diagram mr-3 text-teal-600"></i>
|
||
产业链与核心公司深度剖析
|
||
</h2>
|
||
<div class="card bg-white shadow-lg p-6 mb-6">
|
||
<h3 class="text-xl font-bold mb-4 text-teal-700">产业链图谱</h3>
|
||
<div class="flex flex-col md:flex-row justify-between items-center space-y-4 md:space-y-0">
|
||
<div class="bg-blue-50 rounded-lg p-4 text-center flex-1 mx-2">
|
||
<h4 class="font-bold text-blue-700 mb-2">上游</h4>
|
||
<p class="text-gray-700">未盈利硬科技资产<br>（半导体设备、AI芯片）</p>
|
||
</div>
|
||
<div class="text-3xl text-gray-400">→</div>
|
||
<div class="bg-green-50 rounded-lg p-4 text-center flex-1 mx-2">
|
||
<h4 class="font-bold text-green-700 mb-2">中游</h4>
|
||
<p class="text-gray-700">并购基金/券商<br>（中信、华泰联合）</p>
|
||
</div>
|
||
<div class="text-3xl text-gray-400">→</div>
|
||
<div class="bg-purple-50 rounded-lg p-4 text-center flex-1 mx-2">
|
||
<h4 class="font-bold text-purple-700 mb-2">下游</h4>
|
||
<p class="text-gray-700">央国企、双创企业<br>（中国船舶、芯联集成）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div class="card bg-white shadow-lg p-6">
|
||
<h3 class="text-xl font-bold mb-4 text-teal-700">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
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<table class="min-w-full divide-y divide-gray-200">
|
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<thead class="bg-gray-50">
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<tr>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">公司</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">逻辑类型</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">进展与优势</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">双成药业</td>
|
||
<td class="px-6 py-4 whitespace-nowrap text-gray-700">借壳上市</td>
|
||
<td class="px-6 py-4 text-gray-700">奥拉半导体终止IPO，估值<strong class="text-blue-600">120亿</strong>（2.16倍流通市值）</td>
|
||
<td class="px-6 py-4 text-gray-700">跨界整合难度大</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">海光信息</td>
|
||
<td class="px-6 py-4 whitespace-nowrap text-gray-700">硬科技并购</td>
|
||
<td class="px-6 py-4 text-gray-700">拟吸收合并中科曙光，算力龙头整合</td>
|
||
<td class="px-6 py-4 text-gray-700">监管反垄断审查</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">五新隧装</td>
|
||
<td class="px-6 py-4 whitespace-nowrap text-gray-700">北交所首单</td>
|
||
<td class="px-6 py-4 text-gray-700">收购五新重工+兴中科技，协同效应明确</td>
|
||
<td class="px-6 py-4 text-gray-700">北交所流动性不足</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">国泰君安</td>
|
||
<td class="px-6 py-4 whitespace-nowrap text-gray-700">券商并购</td>
|
||
<td class="px-6 py-4 text-gray-700">与海通证券合并预案，打造"航母级"投行</td>
|
||
<td class="px-6 py-4 text-gray-700">整合文化冲突</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险与挑战 -->
|
||
<div class="mb-12">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-exclamation-triangle mr-3 text-red-600"></i>
|
||
潜在风险与挑战
|
||
</h2>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div class="card bg-red-50 border-l-4 border-red-500 shadow-lg p-6">
|
||
<h3 class="text-xl font-bold mb-4 text-red-700">技术风险</h3>
|
||
<p class="text-gray-700">半导体设备并购后技术消化能力（如ASML禁运影响）</p>
|
||
</div>
|
||
<div class="card bg-yellow-50 border-l-4 border-yellow-500 shadow-lg p-6">
|
||
<h3 class="text-xl font-bold mb-4 text-yellow-700">商业化风险</h3>
|
||
<p class="text-gray-700">未盈利资产整合后现金流压力（2024年科创板并购标的平均亏损<strong class="text-yellow-600">-1.2亿元</strong>）</p>
|
||
</div>
|
||
<div class="card bg-orange-50 border-l-4 border-orange-500 shadow-lg p-6">
|
||
<h3 class="text-xl font-bold mb-4 text-orange-700">政策风险</h3>
|
||
<p class="text-gray-700">若2025年IPO重启，并购需求可能回落</p>
|
||
</div>
|
||
<div class="card bg-purple-50 border-l-4 border-purple-500 shadow-lg p-6">
|
||
<h3 class="text-xl font-bold mb-4 text-purple-700">信息矛盾</h3>
|
||
<p class="text-gray-700">部分研报预测"并购潮持续3年"，但路演显示监管对跨界并购仍审慎（如叫停互联网金融并购）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="mb-12">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-trophy mr-3 text-yellow-500"></i>
|
||
综合结论与投资启示
|
||
</h2>
|
||
<div class="card gradient-bg shadow-lg p-6 text-white">
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-bold mb-2">阶段判断</h3>
|
||
<p>处于<strong>政策红利兑现→产业整合验证</strong>过渡期，2025年Q2是关键验证窗口。</p>
|
||
</div>
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-bold mb-2">投资价值方向</h3>
|
||
<ul class="list-disc pl-5 space-y-1">
|
||
<li><strong>硬科技并购</strong>：半导体设备（<strong>芯联集成</strong>）、AI芯片（<strong>寒武纪</strong>）</li>
|
||
<li><strong>央国企整合</strong>：军工（<strong>中国船舶</strong>）、券商（<strong>国泰君安</strong>）</li>
|
||
</ul>
|
||
</div>
|
||
<div>
|
||
<h3 class="text-xl font-bold mb-2">跟踪指标</h3>
|
||
<ul class="list-disc pl-5 space-y-1">
|
||
<li><strong>审核通过率</strong>：2025年Q2简易程序项目过会率（目标>80%）</li>
|
||
<li><strong>商誉减值率</strong>：2024年报减值金额占比（警戒线<10%）</li>
|
||
<li><strong>一级市场退出</strong>：IPO终止企业并购转化率（当前<strong>15%</strong>，目标30%）</li>
|
||
</ul>
|
||
</div>
|
||
<div class="mt-6 p-4 bg-white bg-opacity-20 rounded-lg">
|
||
<p class="text-lg font-semibold text-center">
|
||
并购重组已从"炒壳"转向"硬科技+央国企"的产业整合主线，<br>
|
||
2025年Q2前是布局黄金期，需紧盯政策落地与业绩兑现。
|
||
</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票数据表格 -->
|
||
<div class="mb-12">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-table mr-3 text-blue-600"></i>
|
||
关联股票数据
|
||
</h2>
|
||
<div class="card bg-white shadow-lg p-6">
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">股票名称</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">项目/分类</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">行业/产业链</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">股权比例</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">原因/理由</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200" id="stockTableBody">
|
||
<!-- 股票数据将通过JavaScript动态填充 -->
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script>
|
||
// 初始化粒子背景
|
||
tsParticles.load("particles-js", {
|
||
particles: {
|
||
number: {
|
||
value: 80,
|
||
density: {
|
||
enable: true,
|
||
value_area: 800
|
||
}
|
||
},
|
||
color: {
|
||
value: "#3b82f6"
|
||
},
|
||
shape: {
|
||
type: "circle"
|
||
},
|
||
opacity: {
|
||
value: 0.5,
|
||
random: false
|
||
},
|
||
size: {
|
||
value: 3,
|
||
random: true
|
||
},
|
||
move: {
|
||
enable: true,
|
||
speed: 2,
|
||
direction: "none",
|
||
random: false,
|
||
straight: false,
|
||
out_mode: "out",
|
||
bounce: false
|
||
}
|
||
},
|
||
interactivity: {
|
||
detect_on: "canvas",
|
||
events: {
|
||
onhover: {
|
||
enable: true,
|
||
mode: "grab"
|
||
},
|
||
onclick: {
|
||
enable: true,
|
||
mode: "push"
|
||
},
|
||
resize: true
|
||
}
|
||
},
|
||
retina_detect: true
|
||
});
|
||
|
||
// 处理股票数据并填充表格
|
||
const stockData = [
|
||
{'并购重组预期(240912)': [{'stock': '双成药业', '项目': '奥拉半导体', '分类': '已终止IPO企业', 'reason': '实控人名下奥拉半导体已终止IPO，借壳上市预期强'}, {'stock': '汉嘉设计', '项目': '伏泰科技', '分类': '已终止IPO企业', 'reason': '实控人名下伏泰科技已终止IPO，借壳上市预期强'}, {'stock': '富乐德', '项目': '中欣晶圆半导体/富乐华半导体/矽睿聚芯半导体', '分类': '已终止IPO企业', 'reason': '实控人名下多个半导体项目已终止IPO，借壳上市预期强'}, {'stock': '苏州固锝', '项目': '明皓传感', '分类': '已终止IPO企业', 'reason': '实控人名下明皓传感已终止IPO，借壳上市预期强'}, {'stock': '莫高股份', '项目': '皓天科技', '分类': '已终止IPO企业', 'reason': '实控人名下皓天科技已终止IPO，借壳上市预期强'}, {'stock': '浪潮软件', '项目': '华光光电', '分类': '已终止IPO企业', 'reason': '实控人名下华光光电已终止IPO，借壳上市预期强'}, {'stock': '新宏泰', '项目': '无锡国盛微电子', '分类': '已终止IPO企业', 'reason': '实控人无锡国资委旗下无锡国盛微电子曾多次借壳上市传闻'}, {'stock': '澳柯玛', '项目': '芯恩（青岛）', '分类': '已终止IPO企业', 'reason': '芯恩（青岛）注入预期'}, {'stock': '建设工业', '项目': '兵器装备集团', '分类': '国改/重组标的', 'reason': '与兵器装备集团重组，原西仪股份资产整合'}, {'stock': '空港股份', '项目': '瑞能半导体', '分类': '已终止IPO企业', 'reason': '曾公告并购瑞能半导体（已终止）'}, {'stock': '亚邦股份', '项目': '股权拍卖', '分类': '国改/重组标的', 'reason': '控股股东34.02%股权司法拍卖，控制权变更预期'}, {'stock': '东湖高新', '项目': '数字科技板块', '分类': '国改/重组标的', 'reason': '剥离工程建设业务，拟并购扩大数字科技板块'}, {'stock': '泰豪科技', '项目': '中航系', '分类': '已终止IPO企业', 'reason': '中航系曾于2023年终止IPO，公司投资其0.99亿元'}, {'stock': '天奥电子', '项目': '中国电子科技集团', '分类': '国改/重组标的', 'reason': '中国电科旗下，曾表明将根据市场情况推进资产注入'}, {'stock': '保变电气', '项目': '兵器装备集团与中国电气装备集团整合', '分类': '国改/重组标的', 'reason': '公司接到控股股东兵器装备集团通知，推进输变电装备业务整合'}, {'stock': '跨境通', '项目': '广东国资', '分类': '国改/重组标的', 'reason': '公司无实控人，第二大股东为广东国资，处于预重整阶段'}, {'stock': '国中水务', '项目': '汇源控股', '分类': '国改/重组标的', 'reason': '拟收购诸暨文盛汇成为汇源控股股东'}, {'stock': '华映科技', '项目': '福建电子信息集团', '分类': '国改/重组标的', 'reason': '福建电子信息集团旗下子公司'}, {'stock': '旗天科技', '项目': '七彩虹', '分类': '国改/重组标的', 'reason': '中国版"英伟达"七彩虹借壳预期'}]},
|
||
{'并购重组（250518）': [{'stock': '天纺标', '项目': '收购天津市乳品食品监测中心100%股权', '股权比例': '100%', '行业': '乳品检测/食品行业', 'reason': '通过收购进入乳品食品检测领域，拓展业务范围'}, {'stock': '国义招标', '项目': '广东省机电设备招标中心有限公司重组预期', '行业': '招标代理/机电设备', 'reason': '重组预期可能提升公司在招标领域的市场竞争力'}, {'stock': '同享科技', '项目': '并购苏州同丰达新能源有限公司15%股权', '股权比例': '15%', '产业链': '新能源', 'reason': '通过参股布局新能源产业链，增强业务协同'}, {'stock': '海泰新能', '项目': '并购张家口海泰氢能科技有限公司部分股权', '产业链': '氢能', 'reason': '切入氢能领域，完善新能源产业布局'}, {'stock': '艾能聚', '项目': '收购合肥浙邦100%股权', '股权比例': '100%', '行业': '新能源/电力', 'reason': '通过全资收购扩大新能源业务规模'}, {'stock': '旭杰科技', '项目': '现金收购固德威持有的中新旭德不低于47%股权', '股权比例': '≥47%', '行业': '新能源设备', 'reason': '布局新能源设备制造，提升市场占有率'}, {'stock': '恒拓开源', '项目': '拟向西藏智航转让恒拓开源股份705万股', '股权比例': '5.02%', '行业': '软件/IT服务', 'reason': '股权转让可能引入战略投资者，优化股权结构'}, {'stock': '微创光电', '项目': '湖北交投科技发展有限公司成为微创光电直接股东', '行业': '交通科技', 'reason': '引入国资背景股东，增强交通领域资源协同'}, {'stock': '东和新材', '项目': '现金收购海城海鸣矿业有限责任公司70%股权', '股权比例': '70%', '行业': '矿业/新材料', 'reason': '通过收购扩大矿产资源储备，降低成本'}, {'stock': '佳合科技', '项目': '昆山苏裕持有的越南立盛26%的股权', '股权比例': '26%', '产业链': '越南制造', 'reason': '布局东南亚市场，分散供应链风险'}]},
|
||
{'并购重组（250519）': [{'stock': '综艺股份', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '光智科技', '项目': '并购重组及进展', '事件': 'IPO未果', 'reason': '同时属于并购重组及进展和实控人旗下IPO未果分类'}, {'stock': '华夏幸福', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '滨海能源', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '金利华电', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '金鸿顺', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '本钢板材', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '新疆火炬', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '哈药股份', '项目': '并购重组及进展', 'reason': '属于并购重组及进展分类'}, {'stock': '中成股份', '项目': '并购重组及进展', '资产类型': '优质资产', 'reason': '同时属于并购重组及进展和实控人旗下优质资产分类'}]},
|
||
{'消费医疗重组预期(240926)': [{'stock': '双成药业', '涨幅': '183%', '实控人终止IPO企业': '奥拉半导体', '行业': '时钟芯片', '概念': '重组+半导体', '流通市值': '55.62', '发行价估值': '120亿', '发行估值/流通市值': '2.16', 'reason': 'IPO受阻企业借壳上市案例，政策支持上市公司并购重组，半导体赛道受关注'}, {'stock': '浪潮软件', '涨幅': '23%', '实控人终止IPO企业': '华光光电', '行业': '半导体器件', '概念': '重组+半导体', '流通市值': '39.35', '发行价估值': '25.8亿', '发行估值/流通市值': '0.66', 'reason': 'IPO受阻企业借壳上市案例，半导体行业重组预期增强'}, {'stock': '富乐德', '涨幅': '预计70%', '实控人终止IPO企业': '中欣晶圆半导体', '行业': '半导体', '概念': '重组+半导体', '流通市值': '28.81', '发行价估值': '216亿', '发行估值/流通市值': '7.50', 'reason': 'IPO受阻企业借壳上市案例，半导体材料领域重组预期'}, {'stock': '苏州固锝', '涨幅': '23%', '实控人终止IPO企业': '明皓传感', '行业': '传感器', '概念': '重组+电子', '流通市值': '71.93', '发行价估值': '24.8亿', '发行估值/流通市值': '0.34', 'reason': 'IPO受阻企业借壳上市案例，电子元器件产业链整合'}, {'stock': '汉嘉设计', '涨幅': '99%', '实控人终止IPO企业': '伏泰科技', '行业': '环境IT', '概念': '重组+软件', '流通市值': '29.13', '发行价估值': '12.1亿', '发行估值/流通市值': '0.41', 'reason': 'IPO受阻企业借壳上市案例，软件行业重组预期'}]}
|
||
];
|
||
|
||
// 填充股票数据表格
|
||
const tableBody = document.getElementById('stockTableBody');
|
||
let allStocks = [];
|
||
|
||
// 合并所有股票数据
|
||
stockData.forEach(category => {
|
||
const categoryName = Object.keys(category)[0];
|
||
const stocks = category[categoryName];
|
||
stocks.forEach(stock => {
|
||
allStocks.push({
|
||
...stock,
|
||
category: categoryName
|
||
});
|
||
});
|
||
});
|
||
|
||
// 填充表格
|
||
allStocks.forEach(stock => {
|
||
const row = document.createElement('tr');
|
||
|
||
// 股票名称
|
||
const stockCell = document.createElement('td');
|
||
stockCell.className = 'px-6 py-4 whitespace-nowrap font-medium text-gray-900';
|
||
stockCell.textContent = stock.stock;
|
||
|
||
// 项目/分类
|
||
const projectCell = document.createElement('td');
|
||
projectCell.className = 'px-6 py-4 text-gray-700';
|
||
projectCell.textContent = stock.project || stock.实控人终止IPO企业 || stock.分类 || stock.概念 || '-';
|
||
|
||
// 行业/产业链
|
||
const industryCell = document.createElement('td');
|
||
industryCell.className = 'px-6 py-4 text-gray-700';
|
||
industryCell.textContent = stock.行业 || stock.产业链 || stock.资产类型 || stock.event || '-';
|
||
|
||
// 股权比例
|
||
const ratioCell = document.createElement('td');
|
||
ratioCell.className = 'px-6 py-4 text-gray-700';
|
||
ratioCell.textContent = stock.股权比例 || stock.涨幅 || '-';
|
||
|
||
// 原因/理由
|
||
const reasonCell = document.createElement('td');
|
||
reasonCell.className = 'px-6 py-4 text-gray-700 max-w-xs';
|
||
reasonCell.textContent = stock.reason || '-';
|
||
|
||
row.appendChild(stockCell);
|
||
row.appendChild(projectCell);
|
||
row.appendChild(industryCell);
|
||
row.appendChild(ratioCell);
|
||
row.appendChild(reasonCell);
|
||
|
||
tableBody.appendChild(row);
|
||
});
|
||
</script>
|
||
</body>
|
||
</html>
|
||
``` |