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| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "## 案例 3：招商局集团集中回购/增持枝干", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "08568b4ce18149aa1af4cca17bb3eac35315bd3982294340cc299b383c06b7cb", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 1. 案例背景", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "231a47facb36000b0862421115ce1412ce50e23a0d3f629b72fb12ba52df6874", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "最初看到的是 `001872.SZ 招商港口` 的回购提议、回购方案、融资支持、首次回购、持续进展和最终结果公告。单看它，像一条 L3 公司层回购执行链。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8acade76e8dc366327c06acc985e616eeabbf73e5cf223d8b9b12376cf14f5ea", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "继续追问“为什么招商港口选择这个时间点回购”，发现 `2024-10-14` 招商局集团旗下 8 家上市公司同日披露回购或增持计划。这说明它不是单公司孤立事件，而是 L2 集团枝干在 924 后政策窗口下的集中响应。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "95b24ee062d26e0568492237cd0fbf34d6cd95ba3800cbcf459a5d37e29465e3", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 2. 初始问题", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89a3d58f8e53d7a914ebb24a4f871a28742019ffab87e2e8aafde125bf5540a8", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "001872.SZ 招商港口回购，是单公司行为，还是招商局集团统一响应政策窗口的一片叶子？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f37dcd53217fcbb83cd3076a87cbd8fc8b68b53b0c4774f26ccdbeeae3281c7", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "如果是集团枝干，它是否能进一步显影到 K线或风格层？", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1368658ecde1894a5c4d62c05569378fe8fa12907e871e26d654c019ad820674", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 3. 事件层级判断", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f96c3effc9ed69c5c601481fde1be16a96b3cc2848b9b5b488011ec166da1b0f", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "L1：924 后资本市场稳定、回购增持再贷款、政策窗口。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c665d538586feed69c0ae16d3240bc9b01af71e28cadcf02cfd34bf6e94fb9aa", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "L2：招商局集团组织旗下上市公司集中释放回购/增持动作。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "20ef8f5f654a534ff6db6a1535db8c21b4fabc76041a8852895de50ac122a047", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "L3：8 家上市公司各自披露回购或增持方案、进展、完成公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0a44cdbacfc16cf9db455810f145aef513d7db342eb425de75e27605e321ba36", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "L5：股票 K线显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07cfb5dc2e366820532e9a62151ca9915ffb28fac9b3da853635312438e6bf21", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 4. 暗线推理", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82eea87da1b6a358af895efb84145aed0a83d080ef5599ac3b36aa990244d6c7", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "集团层面响应资本市场稳定政策窗口，通过旗下上市公司集中披露回购/增持来表达稳定市值、维护资本市场信心、响应政策工具的态度。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bf760d6b0dac4c4cfac1b982ae6cc545696fe6db20847e4350b0d75d4a33dcf", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "M：924 后资本市场政策窗口出现。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5384d74beb4efc55a91a7e033a2a8571790bfeb892f48e0bd3bfe403272057c6", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "B：001872.SZ 招商港口披露董事长提议回购。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c94a7617317214fa4d1a88cd4de74b65321ce978fc73eb64e279059b26bd6c50", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "C：招商局集团旗下 8 家上市公司同日披露回购或增持计划。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6dffa993aa7f856f7075924c6dc4ec96c98b1e9504c63803c0c571323359a4c", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "N：8 家成员后续均出现实施、进展或结果类证据。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "74b6e23b3c4b08a3e8f7292d304c50b8c3dd0c9362838071551e3b7b3403ef92", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "L：7 家缺口成员通过 CNINFO 官方公告和 PDF hash 补齐，8/8 官方证据链闭合。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75a890265bdcefc2e42b736519aa845bd4bace398f5dfc8bbdd766ca3022395a", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 5. 现实证据", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9450fa4037759cd189eec8aa3eff1011a8f6639eba46dda602c335388c5c777", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "本案例对应结果包：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6917870740488ade278a96dc5ee3520230b2e8d81bd3ebb083e5e088cb8702cf", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/data/result/darkline_l3track0_to_7_buyback_001872_followup_repair_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ddb460f3be0f6431f5daf46b0cdba99224e60d58e77eb707105726b62f91a3c8", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/data/result/darkline_l3track8_to_15_cmhk_buyback_group_response_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "212b12961819cb26980b2d7af71ac8e12d4682e00b760072fe9815b6b3e65ffe", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/data/result/darkline_l3track16_to_23_cmhk_group_followup_audit_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e0a26a6f2755cde6ac911ee97ca2fda20e2851eb9721d3bc9ac10e3c82b04eec", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/data/result/darkline_l3track32_to_39_cmhk_cninfo_official_backfill_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a227420f01790f2d8d968b8133c0330e208b2edcd0fdb280cc9694544f51e331", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/data/result/darkline_l3track40_to_47_cmhk_eight_member_source_depth_readout_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b2d61f1e394c91b845fd995fd61869b7c485209e176c6133c77b3f5781cc1cc8", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "原始抓取快照和 PDF：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2dd4fc6eb233076484706ea138a63fa1dba0171fcc30e99094a5b7c00f2a76c4", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/spiker/cmhk_official_backfill_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b8393c9f81b56d047b41d5dc16236952a8612cebfc58ce6a6020de105fcc67ef", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "8 家成员官方公告/PDF hash 级证据链闭合。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5a15df6bea29f9b3bfdc233c65375df508194119968b71e693c97825e3eb7ab", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "官方 PDF 或 hash 证据数：146。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a8236bbbf29c91f3ae303ed0cb615b72bd332668bc1b566f5524fd099d3a3240", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 6. 股市显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "568b7015ab434eff73565c7dc7497df1f8b0d22bd1ecda3b0b5c987a1fcb86ff", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "显影桥接结果包：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "54cc6b3ab9292433002d5531d629b0b02f5b668f32c82d05035a6cad61a45b7d", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "mirror/data/result/darkline_l3track48_to_55_cmhk_market_manifestation_bridge_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d116c1dc69027d60d1b62faa4021471b3ee84128fd0b26c863a17e6e624e9360", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "PRE_D20_D1：8 家成员全部上涨，均值约 +17.78%，但相对沪深300均值约 -4.81pct。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5b708ad47a6dad1cc44687e5121f935f463fbd170f2aca7f795d57686c6feb1b", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "D0_D1：相对沪深300均值约 +1.65pct，短窗口有显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d324f5180d73dee22a79199ed2025b618d343620f97588253f8aa34a53afd6c", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "D0_D5 / D0_D10 / D0_D20 / D0_D60：未持续跑赢市场。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27c480e1f749a1cb83e2015b4704c029cab9bfed71886d42f3e82fcda31340f6", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "现实证据链强，K线显影弱。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "daff2f17cc9f06cf4e702c275c218a49796fd8cde26c0206411c75814ea31e67", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "它适合做信息拓扑案例，不适合做 K线条件器。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c1092cf30ed3db38485405106f27668d0d707c8cf8da61c122f64000646e877", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 7. 替代解释", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c4a8470f8c62fa8555092522707a9b834182b01a241d8e11d4025e4561fe1d1", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "需要保留的替代解释：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dda92aae337ee85b05a620e7912dea81fe08721f0318b2af2260405d61f2ad6d", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "924 后市场整体大幅反弹。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19feaf2067e5f32fa1e0dab73760a9e9b4fa455a2b85c525c26bce3f2f465147", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "回购/增持公告只是政策窗口下的同步表态，不一定产生独立超额收益。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc5e431ff0b7d22a3857e2804b5159160b41a40e24d2f9e666a940d8ae70a41f", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "部分成员自身行业、估值、流动性差异会影响 K线表现。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1463e9b6d3dce213e00c184b683af29d79287495729d83daf607d45a5bfd4790", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "短窗口 D0_D1 可能是公告刺激或市场情绪，不代表中期有效。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f3808ac1a11f3cf42eb8c0ae0d0a0e4654700f3a2c92d38eb65eabd8b96a65f1", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 8. 结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "702da94055a8c97ea1245cb5658a57d24bfc9f4208104aad0115199a4e9d3687", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "这条暗线证据链是成功的，市场显影不是成功的。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21f09c375bc5e8b1fc051f9196b82da36405fb26d95cb4e20200048671fb6c69", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "我们从一家公司回购，追到集团层统一动作，再逐家公司补齐官方公告证据，证明这不是孤立叶子，而是一条真实 L2 枝干。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "03720c612f0c5c46ad1e44ecb222e144846cd247b1b80f08d0097fb828170850", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "不成功的部分是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fe96e354688001b155dc28698e7dd5e4aa294a7ef2eabad6514e82ba1c824689", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "这条枝干没有在 D5 以后形成稳定相对市场收益，所以不能交付为股市消费规则。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ca661426e4d14228d3a8b1276062e09f078fbaf8c6f6299f7e670a7291c3f0f", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "### 9. 回归方法论", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb76ef4890eb8a755343a6745a7c8276c2fbcc89001b7aa718c3f7dcf3fcf076", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "本案例验证的方法论条目：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9495fba5433335642b7742affa25e98ec258758c7ba8bc6c82e94991a526ba8c", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "新闻/公告是叶子，不是根。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70b8d84037e87dbd8bf74ab35cee3407868c4a9a43a5adbec50affeb79ce68f4", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "看到 L3 公司事件时，必须先问它是否是 L1/L2 上层风的下层显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce69efe5682d9ea55f8c1418271554fd9b7e8da0e09e0189588d31b913d9e443", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "暗线追踪不能停在第一个合理解释，要继续问为什么。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "daf19060d29ce5c956de15c1b3a3e8a15237681812e090edf623d7ae8f14d461", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "关键节点证据比大量普通新闻更重要。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46c58e4e26ff73e057332befad0ab822ffffb83f874ac176534ebb16cc262d91", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "证据链闭合不等于股市显影成立，二者必须分账。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3af694d9ca6b87fcedf3da03ac3d29ffcf3ec82e606d731596be3e54b6a9df18", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "暗线案例可以有两种交付：信息拓扑案例，或股市消费对象；本案例只能交付前者。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d22cd11c7c76d14929b515fa9ef5521b4196ca09ff5c916211389b412e9e683a", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0001_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0001", "raw_excerpt": "以后所有外部案例分析都按“一个案例一个主题”记录在本文档里。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a770890074700977d523d0a384cd416baa7b20fd00e6e6ab16065fdb5d11bb97", "source_reasoning_step_id": "DLCASE_LEGACY_0001_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "## 案例 3 补充：招商局集团枝干的预期偏差归因", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e134023393ac7e4f1d69de7692fe251004c1e390fac6b9484bc97c9da6f534f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 1. 为什么要补这一段", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15dc91a348d6223dc2850f1ce91dd76aa239b6d6b8331ff0aaeea078f3dd3c94", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "招商局集团集中回购/增持枝干不能只收口为“D5/D10 不行”。", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df63fc1ee114f3370714bcaf7053008c9926033172849f2fdefcbf9bc3ae91d2", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "更准确的问法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a05f77377b9dbb0ce57851fd65eed588c3990c9db0203bdb8498d4b9d88dbfd3", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "如果招商局集团层面的统一行动暗线基本成立，为什么股市只在 D0_D1 有反应，D5/D10 没有持续反应？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "31d5b2a1ff6e71a1d6e2c15be6099de5ed5c584f7294c9db8bc63f9df75ba7fa", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "这属于“暗线成立但股市不按预期走”的预期偏差归因。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7583fb881910b3055e8ba680772a997a499f2a748250d1ce89596206ebb87829", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 2. 当前最可能的解释", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7a3caff5af40baf3e36787009669deaa0f776a8c0cad3b4acf851ba680f10d38", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "解释一：市场提前反应。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9b30d2e649cf4714f2c3776fbee1ddc061c84ce0d4125a76a50f0d953e4d26b", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "8 家成员在 PRE_D20_D1 已经整体上涨，说明 924 后政策风可能已经提前定价。公告更像确认，不是行情起点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "175146c8b73838113f1caaa813ca12cfb7e2e128c3d00706e8aa0d4d76a2b880", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "解释二：暗线性质判断需要修正。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac26c1d7bc94df96a53beee9d094642953ee328f838039d31715fabd94b50d15", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "招商局集团回购/增持更像市值维护、信心托底、政策响应，不一定是业绩重估或强增长催化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fff0e7d82da5645a623fbccb51b7fca0aa3cd1bf8da4426cc769e7a169912ab4", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "解释三：集团层暗线落到单票被稀释。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55ae854e3cc4e949efae35a81a1229f47e2d76fe3e479c6f18008a541ab1e69c", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "8 家公司行业不同、基本面不同、位置不同、阻力不同，同一个集团意图不能保证同一类 K线反应。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3003b881444428e5b70ebc8cdf1e4d9d70863eb9f4215f5771f890d175fa5df1", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "解释四：计划/提议不是强执行。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88ce864a282eeef366f7d97501cd52d88d9043973db5936043d1b2e5b077d30f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "市场短期认可态度，但如果后续没有快速真金白银执行，D5/D10 不一定继续给溢价。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5307bec58f1d05005fdb2167d277da62a5a4a1395173788eceb882b8fba6bd56", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "解释五：上层政策风覆盖了集团枝干。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "521c3040961a9def94c57a33662d06306cfaa1b87c01f79f09fa7be08cca347a", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "924 后大盘政策风很强，招商局枝干可能只是其中一条下层响应，边际解释力被上层风吸收。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b907c0b41535ea48d36401d7fbbcc34136bdaea44f66489f57b87878751b5670", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 3. 后续验证问题", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "906df2c62760386a0450ce7f540bbfb0bfef25fb148881a61e282094caa633c2", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "Q1：公告前是否已经明显提前反应？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25bb1bd90de9de69e8eace4e6f33cb763d3c2ee9406d203dcb584a19d0d36a4a", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "Q2：金额强度更高、执行更快的成员，D5/D10 是否更强？", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cfeb99130f17c2ca13365b53beb7be21133587246aecc142961f1dbdfa9ddfc1", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "Q3：不同叶子阻力/行业/位置是否解释了分化？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21d9300002f92e6e0517186d1b2f32ae2a305bc9d52c161510b0d3e721b1df42", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "Q4：这类集团回购/增持到底是上涨发动机，还是托底稳定器？", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eba328558a2eebff11f8de79eb0f81d1a80f581ff760627e7e4987f8769c45c0", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "Q5：它是否不提升收益，但能降低回撤和尾部风险？", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ac3817cc9e4ba8ec37ff3eac31482413b71bbea2428e9203fb91cf7668bd56e", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 4. 预期偏差归因实验结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "be669cfd573f3019921aafe69d3f7433e6da9b5532df3bf6f3cdb6fdc499ee83", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "mirror/data/result/darkline_l3track64_to_71_cmhk_expectation_divergence_attribution_20260514/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba8f5e9a2182ce381af92287b3f5ecee3c110ec6a2203d197fa13c1f01805a5f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "PRE_D20_D1 绝对均值：+17.7813%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8b90d48a2e990ca66238271f95b0286b8bf8f602219b6e14c22630d40c3490eb", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "PRE_D20_D1 相对沪深300均值：-4.8095pct", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ed70791d281bdc19c92166b120ea6b6b8390de200a00da602a74ccb85003117", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "D0_D1 相对沪深300均值：+1.6490pct", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa5d19de4f617ecb4fa96e3b60fbe9feeb0cf5e3e4bf5b78668b9adde0a894ed", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "D0_D5 相对沪深300均值：-1.1756pct", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5f31d70a2972d354e84c7379877a1e658a0d5da54bb08a604f8256e282db470f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "D0_D10 相对沪深300均值：-2.6109pct", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5f3be39510e128ac7c7b769b6180a2802bd6cca39724a1270b1a7251fb4d42f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "上涨发动机支持窗口数：0", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4d588c72c991a25e617cc5b9afede8eb9d47a748a1dfad32c6587acbdfcc4435", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "预期偏差归因支持项：5/5", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "186a640b4b5873a0e5ae6c818a4031938cfe795ec65ad0cadb73b0d8e6c69beb", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "guard：5/5", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1db8c02c76b4c34a95057070696321c431806107be4e7a5c383f35553b83958", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "实验支持的读法：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce481181672acab0c53f7f7b0a63bcbdab72d714f41b01a4aea6f2c649a938a9", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "PRE_PRICED：公告前已经有明显绝对反应，但没有跑赢沪深300，说明大概率被 924 后政策风提前定价。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae161d10012673d555f6eca7726c37d93f9e5f2a5b942401133841933be7ff4f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "STABILIZER_NOT_ENGINE：D1 有确认，但 D5/D10/D20/D60 不像上涨发动机。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "92babbcf22386f1d9cdb855d4d3a7a06a1cd31398d42da014f2f94d430af88d9", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "LEAF_DILUTION：8 家成员横跨多个行业，同一集团意图落到单票时被叶子差异稀释。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4919e68131f0b301d29ea9d2de148f39b39ed134be8205bc6bf3db8ce65a8275", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "WEAK_EXECUTION_OR_EXECUTION_DETAIL_GAP：有后续证据，但执行速度、金额强度还没结构化。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dc2e9cf976425b7e1923c510a00abbf5ca7ed9c780ae750cd7d0f8c4da74e3b4", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "POLICY_OVERLAY_DOMINATED：924 后政策风解释了大部分前置反应，招商局枝干只提供短窗口确认。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f82637256f1b346bec94c18c8d82350dc1f24e8d2587bf7f2b96fc73645d8ef0", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 5. 本案例修正结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52936863d1fe2d852ae275dac2e690c417f598ebdd9b8fa05bd2d1ff9c6e71d0", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "招商局集团枝干不能直接读成 K线持续上涨规则。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e47d3782fe428c6b789565a3e6748ea87df2699c22d49a581085bd4f56481c38", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "但它也不能简单读成“市场无效”。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ffd152c74296f0dfb2f47ea007746daa9ef9f1523640522dacf30b4c7d0eb4c", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "当前更准确的读法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97ae886568b024d5a7cec47eb8ebedf093397133a0444b0f2abfaf7a2f534856", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "短窗口公告确认有效；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f6cf9dbc3f3b08adf69085dbd6b26f0d144d1769a7193b7e4a7db22c1ae54f6", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "中期持续上涨不成立；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5c979486fc556b2f3da3aa10377041b04add085e2ec307720fb5d4076b459b07", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "它更可能是集团层市值维护/政策响应/信心托底暗线，而不是上涨发动机。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b7fc9f3b2ea657551a190f2fa06c0d22d7e5ae3061dc0e08f43106e4388df3d", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 6. 回归方法论", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dbc781e9e17dea81609b97a43457b6ecacb3eead388e6db75eb48ba3c0638cbe", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "本案例新增验证的方法论条目：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4120530aac83cecc103070e42691cd963736dd46b4179336608fd2a00d3179ee", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "暗线推理成立但股市不按预期走时，不能直接判失败。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0be7b7b8db98e3dcec018c594ce5f6098443bf7e9224f440772a62291adf8616", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "必须继续追问：是暗线错了，还是暗线性质、作用层级、作用窗口、影响对象、叶子阻力判断错了？", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48124b4e66860f4255d5c95a2bbc62d24e80bf345e07dc4089d81bb2f4461b45", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "### 7. 新闻前暗线价值补充", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27a45ec6017e7fd3265b4906523576491c3bee94b535840767aef8c61a93d29b", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "本案例进一步说明：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61b088d790dffa0a7c187578b222fdeb51e89e4998dbf083f416c3ba06385ffc", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "新闻不是起点，而是结果。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "334487e1a789f15ed318c2ecbd07de12e0fb86eb9083d4daf937ad08667b5d6f", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "新闻背后通常已经经历了意图形成、组织决策、内部流程、资金准备、文件准备和消息扩散。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c091cdec32b62bfe3d7a73837a8277ae8ae92194fe71cf8d92c87ebfaf0b22b5", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "等新闻正式出现时，真正有价值的行情可能已经发生了一部分。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c67eeec74d09fac191c6743f7ed52130577f661231ad5d8cb4c5bfb20286a36", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "招商局集团案例里的关键证据是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9de4e17f450379bbeb832c80d4b6d56595f39a23bc153b3e3998a89b09458f2", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "8 家成员在集中公告前 20 个交易日平均上涨约 +17.78%。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bbf275bd8ae71a602348ec1200fcfa03df4558ad63fbe3eba37cdaec60213007", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "公告后 D0_D1 还有短窗口确认反应。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d203f4308c407a89cd31451a73755fabddffd0d3afd96302d7a28904c368805", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "但 D5/D10 不持续。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ca8faf2ae26055e9b10a9f9b25b2c5e364b9a7c5910a37dba534b37dafb019f2", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0060", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "如果只拿公告当天之后去看股市，可能已经晚了。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9251d4d307a353c0a4aece1f644381d8366f292af2f2d0359394959aac0c5544", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0060", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0061", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "公告后上涨不持续，不一定说明暗线无效，也可能说明暗线已经在公告前被提前布局和定价。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94a8947fd9da638e7fe6bde785a62736fc4350aaccc905506f781157d45fa74b", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0061", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0062", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "本案例的真实方法论价值不是“招商局回购/增持公告后可以买”，而是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aaac7cacc9d58a3e7d731c270bc026e9cf223568415281379760ad26f87bc15e", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0062", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0063", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "要从新闻反推更早的意图，再预测接下来会发生的行为事件。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea20ce9d1dabb6832c5790286b23ccd177cb314bdc7692c7ab2dca9ebe6362e6", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0063", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0064", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "如果能在公告前判断 924 后政策窗口会推动央国企/集团平台集中回购增持，才可能抓到新闻前的收益段。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a30b52faadd706f38485a8dc4190845e9836f4c90655eccb8f22cc82af496b2", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0064", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0065", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "因此，后续同类案例应拆成三段看：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ff6de8e3033f90cc65fdcaf67494a6c71979666ba8cb9b66a2b34e7c4e7d9e7", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0065", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0066", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "新闻前：暗线是否已经在股市提前显影。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ef0d1a0f72243bcd8a17b453b9974f5e7015d7fd840b4d78dda55d164a18032", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0066", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0067", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "新闻当天：公告是否确认暗线假设。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4dcf430c6eaed2395caff4988c7e0d1d8bfdba7e7173bb35f785af44ff369b19", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0067", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0002_EVID_0068", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0002", "raw_excerpt": "新闻后：是延续、兑现，还是托底稳定。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc01e5070b434a25b5a084da1be2d3e177c052e90348cbbe4e78cb99d05a7c13", "source_reasoning_step_id": "DLCASE_LEGACY_0002_STEP_0068", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "## 案例 1：强监管上层风与公司治理风险负向显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7dcafcd736af2e60f46b8074d669f0ed4fcdd1c5eb15b19a5b14e53a03957933", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 1. 案例背景", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5037f7d4d8d19d96a81cd169a966c78936f4de8222a620e55060d5bf5e858fac", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "FJ-CONV 系列实验里，我们先看到一批 L3 公司级事件：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2da99e55df0cd0c25ab1ccdcd52e6c38e3cabb1b09e5e09271b8a6a41f7a7277", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "上市公司被立案调查", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e5f7609df6ac99fa8168ac819bdf015f251810eb13b23f2458cdcf0cb3db3fa", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "实控人 / 控股股东 / 关键少数被调查", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ed03f24cfc268cd523b2869ef246acb1d74cba669fca34b5d6e8c6da003c54d4", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "行政处罚、风险警示、退市风险、控制权风险", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "045620038d2aa7c8ef61bcbc72fdbd5470a535dd493359dc602dfc51af0621ba", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "这些事件在 K 线上有明显负向显影。最初读法是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "29da4e4443e0624d4cbaacdb8df1a359784bbb2f152a192b4ab5a305dc9df2dd", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "治理/控制权风险机制暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e73555583f935364ff9cf19a6e919e27092b034472fe4c44c442c843ccfcae07", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "核心治理主体出事", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53a6558848b4461baac780df2dd7e0beb8f8b34226c1286ed6c81b964789e561", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "-> 公司治理信用受损", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fe20199b1e2820825896e7ee6bd183566f6926220e1ffac4857ccd6afb93598e", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "-> 控制稳定性下降", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "107d6a612710ec3485192785b392089c19a5749bfd68c92505b51fa313031653", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "-> 市场负向显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dbab812c9d7e4493fc7f47d0f509ac66fe55e9d3c70ec7dc436f6d2a4e964248", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "-> 后续处罚、风险警示、退市或控制权压力继续发酵", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f2759d11d01909a183f8f4b9a9ec20221d76faee0499f602500df92f6551a897", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 2. 初始问题", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5688d3c0468c1f4a2ad817ea347fe2084fdc979877d41e2ee05dad18038c0df9", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "原问题不是“这些公司为什么跌”，而是：", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "59577229a7f115f734531ad172ec4640a74c2ec3d2d54ce36d18e408513346cc", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "为什么最近这类治理/控制权风险事件特别密集？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "025c320671295f6ff6dd5a36bad9eb18d88b28a924485427ae73331cc51ea4a9", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "它们是不是孤立 L3 个案？", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7816093ead83cf059df168ffb10046e2332657f1a16de52e00b8dc0b76a629e5", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "还是某个上层风的下层显影？", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "148f9b824039a65f3423a818f054761f845dcc5c6008a7c44a98a7e5227f1d7e", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 3. 事件层级判断", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "39759c8f7f3829c0f801eac3ea0dac8da48afb27d5679758a2f189170e782a53", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "资本市场强监管、清低质资产、提高上市公司质量。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ec833f616354f0c91b8230c330d8efad8686923976c5b7e59be5488a270da01", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "上市公司、实控人、控股股东、董监高被立案、处罚、风险警示、退市风险。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3530f3d0cc1ad33916e54b3af25bfe625fc39394bb0a756fc5a470af280de9d4", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "公司级负向 K 线显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa2a44d768f9e60222cfc6b52181f3328f03284bf6472d0aa85a7c6028f40f5a", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "L3 公司事件不是孤立事件。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65bbe07edd6e2ab8cd08a81738dd8aaf66952c35fe6762b4aceb5c8f7ad979c9", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "它们可能是上层强监管风落到公司层的显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de2063572212aec729b3fbcf8fea012b70be370116248a1a52b7d934dcf809c4", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 4. 暗线推理", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f6b4e65f09c8fe8ea952f572517c64981886f9d5e712d5354e7736d15d7ca8b", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "重建资本市场信用秩序，清理低质量上市公司，压实关键少数责任，提高上市公司质量。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6adb593955d65b36d1ad657dac9732b0bda451a4729cb2851e34cce851c62fd5", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "财务造假综合惩防", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9a2b0838400794e00150b5de34cc7ecac4e88d8cf9717d6c01cea0459478d392", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "强监管 1+N 政策体系", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "95901c996416d26eebf506b551e0975e5929e7b2e7bc4548fbb31ee36dd99c2d", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "资本市场严监管和防风险导向", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c71377a7a749f25829be2b28bf5f359e7b149cdd448b3049d9227be05c3454d8", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "B/C/D 已发生事件：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2da26dc617cb59a16a7e681b212128c79ee77cebf64a133566f5bb2d3d75e82", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "上市公司被立案调查", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5bf6951ad64f495b8af3e7896b48e915a453912227c34526638b2edf22b9425", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "关键少数被处罚或调查", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4e71e9b2cb71bc80b0b9c8ddf1cf104816f809fb9c8ecbb5ca84f3a6e1220f6a", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信披违法、财务造假、风险警示、退市风险增多", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d6049867291695d4edbdd4a55a849cd043cc4ac4d49acacda5e7b06e37609f8", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "N/L 后续应有之线：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "356d2f0cc7b51b9ae8930a8f95e2fe282b107dcbb346d92019ea48bd08ec7cca", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "ST / 退市风险", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82cb7d444657205b99d2914ec71e66ef202bb7df53d47757a80ccee2c58c4756", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "控制权稳定性受损", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb426eedac018cfedad358f2c1ae79feb44fdc57cfdbfb37f1a1ee76ea51a9c7", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "更多同类公司被清理或暴露", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "43b400338f27f0dd81c09dd261301ffadbc8fc3bf7db15e44085dc63dc0bffbc", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 5. 现实证据", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e7dc4087a3b62ba5e1fbbe868a1e1721845eb0a9a897da3fe5e44edcea535f2", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "2024-04-12：新国九条出台，强调强监管、防风险、推动资本市场高质量发展。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15bd8d4cf601d3c6ec413760db82ce4db4a55d84048d0915543e008ea07e34cc", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "2024-04 后：证监会解释 1+N 政策体系，覆盖发行、上市、退市和持续监管。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "78ab2e671d654029dfa65edf05f25a53c836f3dbba03a6e83cc31a5d16496fcf", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "2024-07-05：国务院办公厅转发证监会等六部门财务造假综合惩防意见。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e45c577710b3c6cea83511bb5731e60dde5f224f2de76d32d2c757219906a6e", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "2025 年：证监会执法数据体现查办案件、处罚主体、市场禁入等高压监管持续。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2da8289add7f03dd7ec8144ec1f9b49c5d4b56dd6466294379e35d9e954b099b", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "另一个同阶段上层风：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27fd9a62973105c154436e707022b6afcd179cbb7a371d36bf1d0268d2448daf", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "2024-09-24：央行、金融监管、证监等部门释放稳定市场、回购增持、流动性支持方向。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9fb21d2366133c1453e0df5d00e9f7c7f3f30a3c590a11146f19fa9bbcabc93", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "所以这不是单一方向，而是两股上层风并存：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bb46daf416342129d5e85927c47d70f623391dd97848a4ff64c70fa00eab2108", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "清风险的风：压低质量、信披违法、治理失控公司。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "38ec5484ecc8b537ef20881c27e8e54e451337d92fda470935bf5a5d685656ed", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "托市场的风：支持优质资产、回购增持、高股息、央国企/核心资产。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcdc575d214822b98900cc742b55b284f9158459e8946144d78c729fad62406d", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 6. 股市显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0047ba7242f4f071abc48ea9e83a23d74af37ec3ae6fab0f8fa24ef18c875ecc", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "当前最清楚的显影层：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de8591dc01c26f2a4da2b7e797bc4f4654b0df67ce394890c03336409830fc92", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "L3 公司级负向 K 线显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "931fc0ad3a9680d95deb6636cf466d30f6bbdb689de0074f045f3911fda1e9a9", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "代表性实验结论：", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48043db5f22f1b2fd14122fe77ea05048fabf42161210b161d8e0ce1dd874180", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "FJ-CONV22~24：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d637b4df0c86919c51f4c22aff691ea666cec0911cbe953751c9ca2faaf4ab8f", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "5 条正例全部通过模板分；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f24b4a38ace73733d28a64577dbcd4b4e813a2523ddccbb31248da570946a52f", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "5 条反例/弱例没有一条误通过；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7efc88db9dd85366c239c8900746a71730c58f4cbf730d1fa875fb65dea723fd", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "positive_mean_score = 0.86；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5653bc84643d77b9a6e647005203cc739734bb4333b94d371534fc64f2bdfff", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "countercase_mean_score = 0.39；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "408193f9608d00dd7d2c47fa5ffb1bc01378f6004691d4ca8558845798b1c86b", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "score_gap = 0.47。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5affa52b5d29939f804dd826a99e5b977c6834e2bda6659c74bfccdcd301722", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "只看“后续有没有新闻”不够。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa0c0566ab44b90c68a4930f28c7d69039c192d5e1d87e03efa5ee325ef934dd", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "K 线是否显影；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a5071be469b123d0756dababe2b7c5dc21db3e677252d0f8a4997d42d0f2adec", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0060", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "后续行为链质量；", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ce185742aff199e0d59ffca152b0f4395d15d2d76aae299b7f3474c9a0e903f", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0060", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0061", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 7. 替代解释", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f177e2cb09ecdf679b10850db74d1b3d222ea2d7b20abb92edb9ec84673d7e4", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0061", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0062", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "行业 beta 弱。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a3bba885a113a6dd2a755888e4b702be64660cfc3a75081ffd6682fec288f3a", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0062", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0063", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "个股本体已经弱。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c6c9365d5a249a9d85506bfa2483129abb3b21c7b4a9979df5c4d14a8160a53f", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0063", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0064", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "处罚风险本身就是滞后披露。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "257b849b8aa2a1d3b2cd299e3650791248dd04fae41e344535348342e2b5f898", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0064", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0065", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "用正例/反例统一模板评分，不只看后续新闻。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "09d35e900e3204fa572052a1e9d2134545712b30cbeaa8f6a85c0e839f06bbd8", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0065", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0066", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "反例也能找到后续监管/处罚新闻，但主体、K线显影、后续行为质量无法同时匹配。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2288cf565707841e7ef3dc1acf559d4b93c5435c9fcb56b4e8622b4f6882fde9", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0066", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0067", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "因此，当前不是“故事讲通”，而是“正反例能被模板分开”。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c4e544f8629a7d652c2620cd9554eefb88f9995643724adb6a7ef718b53bd35", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0067", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0068", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 8. 结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "31fe97939e10614807f4d947610be5c52e5f97e963500f1a7ea9a9ea93f8aee6", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0068", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0069", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "这批 L3 公司治理/控制权风险事件，背后更像 L1/L2 强监管风在公司层的显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ce68af5e6b1ce709cd547cccf71571a9b133beefaca973c0765c87ee8bc13e5", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0069", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0070", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "单个公司被立案不是孤立新闻，而可能是上层规则变化落到公司层后的结果。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ff5372e9e1858d6c122b9d19493f9d6bdc8f0dc7ab1828a0d5215c25b1e263f", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0070", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0071", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "上层监管风 -> 下层公司事件 -> K 线负向显影 这条解释链成立度提高。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0be57c9bc3804e9af1db2af4a57ca8f611a3846938aa1a903f69549e9783de9", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0071", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0072", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "不能证明同一个操纵人存在。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3ac5203ded1d915689b195aef0dd133ecb4743e959ac9701a775fe5f061fc95", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0072", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0073", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "不能证明所有立案公司都会下跌。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a4a9f6cb5debe4755e2f385d2a7c5cb4c12394f32b79502356bd58455f7080d8", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0073", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0074", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "不能证明可以直接交易。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7da85c70557a198ea6199704b837f1b9725a9faa4e06e3534fbc4c1c5a9c2b5a", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0074", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0075", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "不能证明完整风格体已经成立。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66766a79944681992fc63fa65f4df65d3392d1fa840cd6e62e5beed6837b072c", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0075", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0076", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "### 9. 回归方法论", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a04eb7a77f2a82535febd7bd9f0ceee7349e63f7e3d1fdf38748862e784c28ff", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0076", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0077", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "本案例验证的方法论条目：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47de67606cd3e8a4e5b38360d708af7816f5bb35bd1285290607564b913c43ee", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0077", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0078", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信息分析方法论.md 2.2：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f488314f8b19d49b0e9b96cb739087545257363d33bf9cb54e46e76829855cf0", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0078", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0079", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "真正暗线是同归殊途反推更早意图。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c71478f75f96b895b37a92b9e5a4ed032bc2457e8ca7ff13b4347fd663ee6124", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0079", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0080", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信息分析方法论.md 2.3：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3ce4d671e3b1bc520f5e6591706bfb259fe3bd20c17f6027a40f940079ccae61", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0080", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0081", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "暗线准确率来自节点验证，不来自故事完整。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f2d77fcc5684d0a8d8ab36b936f04ffbd2fae4980030b82eb0c1b30b4dfd2184", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0081", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0082", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信息分析方法论.md 2.3.1：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "416e899f287070e20089794895f3e1ace9c0144876efeff3937a6eb0960787aa", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0082", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0083", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "暗线模板评分不能只看有没有后续新闻。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7305c1303fc9e6253bb5ec5a9d5c143aa8093885bed827298ce044ef98a7a54a", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0083", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0084", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信息分析方法论.md 2.6：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "013bd11c7088b8a42a3bb35e0cf19ccd47150b22c2fc994ec977ec7bee097c45", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0084", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0085", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "暗线层级决定影响层级和时间窗口。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "74d5df15aca5052c865280943ec28ae0a2560c418b427b5fc887de6f110cebaf", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0085", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0086", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信息分析方法论.md 2.7：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69dc67a017cd0d6351bff348e3a0dea3e20b8755d70747a2bd08d56f2a89a045", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0086", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0087", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "高层大风会覆盖或改写低层暗线。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "85afa3e523ccc36cc889981a9582062cf0b83b5be25674aa3960847122a5fb41", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0087", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0088", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "信息分析方法论.md 5.3：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1bec43d7605d494cdd0a22eb7bd1e8b2b335b92218a9a10750eba72350780c96", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0088", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0089", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "宽对象先落风格，窄对象才适合落单票。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5a3acc50a8d400e4f67e47ba7dbcf93481b70d74698883aa3b901dd4559076e1", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0089", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0090", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "本案例新增的固定检查：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0a5eb8e3eb5cec12d257ff479b43e5353f46c4a18cfc60919da9cdced61df42e", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0090", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0003_EVID_0091", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0003", "raw_excerpt": "分析 L3 公司事件前，必须先判断它是否是 L1/L2 上层风的下层显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5db8f2acfefd67ae299b6cd7e8c551bf66cb2ccc1efb1a4b120fcc138575751f", "source_reasoning_step_id": "DLCASE_LEGACY_0003_STEP_0091", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "## 案例 2：证监会立案线向上追根", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87b7f61af90737b20a7875a10a8875d846f2cdf174074c4cdaea1bbd88829bde", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "记录时间：2026-05-13 20:10:00 +08:00", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9137cc77e5668d178be2b35fdb8c7a22a0c3968fc8344720511fc94b9012880d", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 1. 案例背景", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db6dd380f674003686f07bdca3b4a6d69fdb1ac26474b801828b06dfa5882948", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "DLDB 系列实验里，我们沿着 CSRC 立案/处罚线做了专线追踪：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04a8857c9096a5dab2c5fba6d34180c524f3c54f946b297b8abf3e371829e527", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "上市公司收到证监会立案告知书", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bfd2b2590d9942a25c3c5410e693e7fa2f8f6ede7f83cf51d90b1dc7bd7e582a", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> 后续行政处罚 / 市场禁入 / 退市风险 / 交易所处分 / 其他监管进展", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "992b455f5e0caeaf5ca4eca972f48dfe1702e5cbc9289f19f6b8d70c03350d2e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> 公司级 K 线负向显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e63cf61e09eef1edb4ec2f7db6a5ca58465ed033fe545e53f1488f5e198d7148", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "DLDB635~642：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ed6aa90a0d5e88a7fa2f8fa55bad7cd23636f364e320fc6526a319d6ccbb069", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "成熟 365 天 anchor = 351；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6cc0fdf508edc103f0907e893bd360b099f14b964f93e42025d5193e51f6c728", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "原始 strict follow-up = 29 / 351 = 8.2621%；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a602546dac3cd4a57d26191a10875fb63bae5b5f9ce8adb45ad00dd6b81a21bc", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "补入已验收 official evidence 后 = 80 / 351 = 22.7920%；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "636d8570ef0de2871f7a4a8ad1cbadd640092462c3a3aa35c8be86c0872ecc6e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "增量 = +14.5299pct。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e3a9d7adec7bcd04e56c6d921ffe1ea81f5bd493e8a0565da1b2478aad4a11a2", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "DLDB643~650：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "437ed220956bbff4ac76597fdab30fea2dc302a743c6c97be8335ef8bdbe2367", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "Target2 已有两条行为验证线：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bda0ae794189e2533e5d1024a169b7d1354b9ad74cf9befb9b90ccc20c44713", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "1. 回购行为链；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58fa48783e0baf1cccb1cd14892973c5b5b3880aa43d5eba8e6cd49be4ffbc8d", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "2. CSRC 立案后续进展链。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16665ff52d66b3a4eeeffd00334925ecf4b8fe9b58be9da79043e433be8da924", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 2. 初始问题", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2155c35b94d957b175a513323e1f4291abc4c0cb7c43a4af0a982bc609ed470d", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "最开始的问题是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f37c22f6e4009ec89297097867b64a956093d03741f3471da64024730d43559", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "上市公司被立案以后，后续处罚/退市/风险显影能不能被追踪？", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "83ed193724da829ee4886cbc6f588945d4798cc5c0ced8d7873c38970cd7203d", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "但进一步追问后，真正重要的问题变成：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9cb8858c119e837cba1cc36bffdfbec01c1dd4362f6bc907320aa00683577c8b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "为什么最近这类立案、处罚、退市、财务造假惩防事件变得密集？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "17c22db6d5cb2ac4fbe5da5f8d3ece1cf11124c622ac1b21433e15c0dee976c6", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "它们背后的根部暗线是什么？", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "76eb78761a870a62e62cca6eefb8c49a3adf5ec8664a0692338d1e537a53df34", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "证监会执法本身是根，还是更高层意图的一条执行枝干？", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc32fefeb72cfddd71ae9b8ada088f4e98dcb24f940515085c73e442d248d852", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 3. 事件层级判断", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25182b2f0b89303ec3b84e2abc7cb62611dafb6916a0ab7df230b68feea56485", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "本案例的层级读法：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7127952fbaa924ced24952b127091dab8b6871be2e9c88bcaa81a70a8a5cc88b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L0 最上层背景暗线：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e76202a758fbc6b6b342ccfc53851b2ec6776bb6bce43b04730c53cadc54ae5", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "也就是全球力量结构、产业竞争、金融定价权和资源配置权的长期变化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6832dc5305da1fa6fe8a68f89a16422a6e764ba72cac6f047dfba07d1919c4e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L1 国家战略暗线：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b46752dc6cdce57cf346ac8aa9a3a851ba5db7c94254a92ebe2e8c03bc56dade", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "金融强国 / 高质量发展 / 新质生产力 / 国家安全 / 现代产业体系。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ffab4f723896a212a40c7ef1b99188985fd115888f854b20f120d63915272bfa", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L2 资本市场治理暗线：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1dcf03fccd360c9e06dd7026fd57aaea6822151958c53068da0c49cacd2a4ecd", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "资本市场秩序重塑 / 提高上市公司质量 / 防风险 / 打击财务造假 / 服务金融强国。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1058a67244ecfb381ac780c1c45ed038b49a6da73f699cc88d0c327983851d1c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L3 执行枝干：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "95a4d39bffa2ad83a92f6d5ef027ced0940986266986bce25e22930f93895832", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "证监会强监管、退市常态化、财务造假惩防、关键少数追责、中介机构压责。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "296685df18d7ab9719086130619ef6bfef7fcd3e33bcac4a06505bd5bbe3a7f8", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L4 叶子事件：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0017ecc357f2d3b162f1f10414e773958804ba877dd78fdfbae3787cf6353eb2", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "某上市公司被立案、收到处罚决定、被 ST、触发退市风险、收到交易所处分。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "77158179bb18d05be330633ebc6b0a70dc0ebe9034517911f2d64d5de03466af", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "具体股票 K 线负向显影，或同类风险公司估值折价。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc23c3f09a3623eced83703c645005dde55603b5a28695791a1c963a69bf117a", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "公司被立案不是根。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d46e023fb21c7f41722e0e2b3ed209679cfcccf593a8f578844ffca382b432f2", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "证监会执法也未必是根。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7764d196c2f6b9175c541104381079f64262d1fd3ac6e26bfad324b29b630957", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "资本市场出清和秩序重塑也不是最上层根。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "043efedcb6b83c7a9099e5c60968c6a5e4264b31856cea29209912edc5e196db", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "更上层是金融强国 / 高质量发展 / 新质生产力。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f2965e5fff17f509d80cc868251b0f065cb04973a677f3bdabe8c2da07d8942", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "再往上，是天下模型第一层：东升西降。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e5c7e3e21a6ef16dfe59fa698227aed6b583683703a6ebd1cd081b5e8d725fad", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "证监会执法更像是这条大背景暗线落到资本市场治理后的执行枝干。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bfb55855419544cc8d0f464e14a5239a5714a3c5ab1629cb0038a5278b9befe3", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 4. 暗线推理", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "119755d6c9be4369587fb0fa271449dd1af99494ee64f14f7471eee08ce27684", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "清理低质量上市公司，重塑资本市场信用秩序，提高上市公司质量，把资金导向更符合政策和产业方向的资产。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f191fc5d2540ddfae7572e140344648a9099e957d6ac8e1c52dbdc7486485df3", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "更上层 A0 目标：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7e61e64482e7060216042528425aebeb6582cc442aa82b823ac22a1faae62232", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "在东升西降的大背景下，重构资源配置和金融定价体系，", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "301fc6f17f5c507de643e3ea037cb0b899b4fa8ef30eac7c53dd24fe2b50f018", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "让资本市场服务产业升级、科技突破、现代产业体系和国家安全，", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60689f0d9b8bde34d941353aa3e184c3f0c7b0b7f4d9882c98bb1afb47cec821", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "而不是继续服务低质量资产、壳资源、财务造假和旧增长模式。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0e726245ddb5a3b466aaf91a99967d4c0ccfe50c9bb01ad7901b4e12692a0c5b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "中央金融工作会议强调金融强国、防风险、资本市场功能。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "565f94396e1ea5e12600370b365f79c19cc7e0db345be407b5513bee870dba24", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "新国九条强调强监管、防风险、推动资本市场高质量发展。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24097b705c3b9d58321b6aa8725f9cdcadbcf2d871eaff86a7a492ce958124a0", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "财务造假综合惩防意见出台。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f47ab4e2ec4817ec91ca0adc47301dec635876d7a67961e4bbbd350dcfec81c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "证监会持续公开强化执法、处罚、市场禁入、退市监管。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d0c0a1dfacb0966dac66a407fcd51da845304fed488f54bc127da44f562e2820", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "B/C/D 已发生事件：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "523308e3541378ba2a556e2d5acb6bfc58ba18bead34808bd27893e95c6c2e72", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "上市公司被立案调查。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71264bb7359db3a34303282cb0319b262cd7d979a139e77f1d60f0eabbaf8cd6", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "财务造假、信披违法、资金占用等问题被处罚。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9fe393ca517ab5da74357a4be8631f57526f2d6c42d4df0a12ea4bb6b4ad91d2", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "关键少数被追责。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ef9c44a2219b924fae1d85bbdacb11e68cd8d5a0767cca6c1b82d6eceab7165", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "退市风险、风险警示、市场禁入案例增多。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9d9f8109ee3ef21ecfc7996b0d376050c12321a40686b66daf66de54563ca726", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "N/L 后续应有之线：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aed0773ddbbdddb2f3e1801dca2a676662fd88d0938f3095b01ff24a61581f2b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "更多立案公司进入处罚/退市/监管措施阶段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46b33c55c712198a18f65d49c355084d29a10f22a5d2827c8c2e41a50406c7bc", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0060", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "更多中介机构被追责。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ac57435514bbea40b13a91f99b122734b9e118755d93b37c54de696697fc1ff", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0060", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0061", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "低质量壳公司、财务造假公司估值继续受压。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9c612541fb9641a3f05989fde7ece281ac59b2774b399445042051bbc98dd14", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0061", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0062", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "高质量、分红、央国企、核心资产可能同时获得相对支持。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "076ae2bebd42ff23b92386d8a64b0ca477281dab71913e61619095ea731e7e39", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0062", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0063", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 5. 现实证据", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a582e24f8cec262ca297c8f035cd72c5f06bc3f21dd21a378ea58971da16abf4", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0063", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0064", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "本案例的现实证据分两类：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b302e1cf76b90b7334e968c4e628037c5344da26075a2f901560fd0e41af74b3", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0064", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0065", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "最上层背景证据：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dad62d67a433631f792a43dfaa772bc1bfbd13608733f3aa0540bc760e3fe873", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0065", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0066", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "东升西降、全球竞争、产业升级、金融强国、新质生产力和国家安全相关叙事。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ff53892baaf86b9d30133049a94953689883d4af5cc52fa418ffefbf49c4151", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0066", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0067", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "中央金融工作会议、新国九条、退市制度、财务造假惩防意见、强监管口径。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa45718206859c1d1f901ea51251d411c8fcd47f2b102b16d00bb55cb828938f", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0067", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0068", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "证监会立案、行政处罚、市场禁入、退市风险、交易所纪律处分。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8d68adbd46672ce4a436417357b01b06958ece687b99a19a4a7590d317cedbc4", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0068", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0069", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "mirror/data/result/darkline_dldb635_to_642_csrc_accepted_evidence_final_replay_20260513", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f51f32e24ca2cced48a3d2cdec2193886a9a07c8bad9a78d77b4cc7dc06135b3", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0069", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0070", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "mirror/data/result/darkline_dldb643_to_650_target2_portfolio_v8_after_csrc_final_replay_20260513", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9cd688287ac530c398d3c83d0dcb42206da5e63d09580b0d882aa2eee10d9928", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0070", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0071", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "mirror/data/result/darkline_csrc_investigation_company_case_list_20260513", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f75be5dec56f5d2a19f12ea2c0ddcca6495b40eeeb93226ea4c8509c13e9c18", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0071", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0072", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 6. 股市显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6903bbe1d72cc9706ce0b419cc39dc35d0b0dce48e3c77dccfaab5c72c3eb40", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0072", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0073", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "当前已经能比较清楚落到：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05d0b2ad291808e7b48a14513f7f76f2951103e5d8d863cb7b5df734914a4a79", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0073", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0074", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L3 单票 K 线负向显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5b8ec01f487e8e9d4ee23161bfa8ca7e19e4f34c49accd240e38cbba9c9e653c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0074", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0075", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "还不能直接落到：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ee7f1e51ce60beb30e47e32b1b49d4b23c835c10ac7da67bd00524579fd5142", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0075", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0076", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "完整局之门条件器；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9d982a9681e55b35c106ce533cf2cde15ac7e618374417d9c8c37fea2862d80f", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0076", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0077", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "正式局/门改写规则。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46385b70e16f683a6aef467fbfb3725cf0126d83667372a752a12657ff773ceb", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0077", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0078", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "CSRC 立案线是风险暴露线，最先显影在具体股票；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e14fd18975723f62df6cf950294c4937ffd9e078ef6454463bfc2941000dced8", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0078", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0079", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "是否进一步形成行业/风格层面的持续风，还需要看同类风险资产是否成片重估。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f300b87028e51efeaa4c9811f011efafe878b68715088080d015d3c8dcfc684", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0079", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0080", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 7. 替代解释", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d5b4d80e92a5137d3206b136dd3e35e5f6cf4be44ea3cb8c565e64e96c8e8d4b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0080", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0081", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "必须排除或单独记录的替代解释：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "872ea9d6b4f186ebf70f8e86cbe1b29e10af12f3dfa4f8357c6369aa52531615", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0081", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0082", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "公司本身经营恶化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c1596b2e65619104612b3a0a56798762d862e54b535035f00f8ea8ce21137b4f", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0082", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0083", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "行业 beta 下行。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8419343f980fb9459b62993c32af3831d78282dcf8368f8c796142716a1b7bbb", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0083", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0084", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "公告已滞后披露，股价提前反应。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "699b638955fb283ad9036fe54607ef164efc5ec8c2c7231962249a4ea12a513d", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0084", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0085", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "其他负面事件同日叠加。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8fabd775dd78f0520af541bb9c3647ff2f53015e3dcb4a90e2b4e8de7a5ce06b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0085", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0086", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "退市风险和处罚风险重复计数。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f34526854878fd5d38a9eb9d315ab7a12ecb074c31b423d31259bf3b927172e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0086", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0087", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "本案例的关键边界：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1a3ba873e403e06d720f726b6a27711acfae1eeab502b43c85f5f58b09ceb9e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0087", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0088", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能只因为一家公司立案后下跌，就说暗线成立。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "30003f731e2e6aa7f2eacc7dc68af817942acdf83768e46bfe7e6c04ec176a77", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0088", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0089", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "必须看：高层政策 -> 监管执行 -> 公司事件 -> 后续现实进展 -> K 线显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0b52730118278dedf87c2c1726457f4312931b0f566a8f6b602e86a3c46c2f14", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0089", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0090", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "节点越多被验证，暗线可信度越高。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6fb1f6116aa3177e9fcd5dc31daee8a82fe4d3f738324470e00197524aa6eb8b", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0090", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0091", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "但不是新闻越多越好；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd492555550534cee8ba06a0feef2cd3dc5d42d0304df69eac11fad7d6ca87f3", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0091", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0092", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "只有能验证关键节点的证据才最重要。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16fd940d72efeb7aa43d0d1b27e541dcb1488b624839dbc0e746a8c068ea5e9e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0092", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0093", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 8. 结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82c8f0435bf9673fc96a50766d6bbd58aa92d4d789dd78ca18caa7a73b9737b6", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0093", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0094", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "CSRC 立案线不是孤立公告线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa8e5ca72077d873ffc16a622929751691193b1ae4d8d5c914ee1da04dede8a0", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0094", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0095", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "它更像“资本市场出清/秩序重塑”这条更高层暗线的一条执行枝干。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c618fa38609173635242e8239217d4d5a8c2067cfb3676b3c066de8f410a9f89", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0095", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0096", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "沿着 CSRC 立案线做专线追踪是有价值的；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "932d4be3ce32ed3b94256bc08a1379bfa50c168148a4f8e4edb304d4200e766c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0096", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0097", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "补充官方后续证据后，后续行为验证覆盖率明显提高；", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f257ecf20aef40353af02293317fe29660e331850e3aa791d510009aba78716", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0097", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0098", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "Target2 不再只有回购一条行为验证线，已经有第二条 CSRC 行为链支撑。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b8ec5eb1284e6427f15dc5e1832e47678d5fdcd33661df783deb2dd0a633487e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0098", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0099", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能证明所有 CSRC 立案都能预测下跌；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "691e7940928992e2c31b1a6318521dbf0088f0972d2046214473e00646f8c705", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0099", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0100", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能证明根部暗线只有一个；", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d8aab7f94fa90569f906f27bf7a947e34a26ba38d261a995d2cf548b94beab5e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0100", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0101", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能证明已经可以直接消费到局/门；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1bc099bf23cc1a86a1e75b7343d56b1706fb52c1bcee9688443ab5cfe0cd7a2e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0101", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0102", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能证明完整风格体已经成立。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d199ded0f1a3abd4748e4f7f00fd61778b2828058f68db5a688f40147073d5dc", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0102", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0103", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能用“东升西降”直接解释某只股票某一天涨跌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2366fc124b16d5e31127c86b31accc0e56deae114e9fb6defc9371d9fb979ec7", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0103", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0104", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "### 9. 回归方法论", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0222e2a49310a05bf40728cb248e727f018c5b7761a6a3ccb624155d64e5cbb", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0104", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0105", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "本案例验证的方法论条目：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5298698e912e395af5ee1402ee2e98d5a6b90177d5cea6dc58afcd73b3c584ae", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0105", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0106", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "暗线一定是意图、目标、人心，不是单个机制。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "652d8140155175e451fe3c16eb2cc8af0023cc130ec73ba256645930497a213f", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0106", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0107", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "新闻/公告是叶子，不是根。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0e2f0b17723a5e752cafda4335e72319bcd5e23b41e1e16f4bab257c83a8951c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0107", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0108", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "多个 L3 事件密集出现时，要向上追问 L1/L2 根部意图。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "463acb190890721f5ed79a40f357348cd630383acb937c3b1beb828fb5cf71dc", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0108", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0109", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "高层意图通常推动低一层事件，同层解释要谨慎。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "40637602dd0155d71be289376eac74359be48cbe2a2714ebe1896d58185bdaaf", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0109", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0110", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "暗线可信度来自 M/B/C/N/L 等路径节点被不断验证。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71cd56c75bc2fc48b764722f95703d814c2d45ba0cc2dd7ce063055e71763402", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0110", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0111", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "枝干会继续长枝干：监管枝干会引出退市、处罚、中介追责、估值重估等支线。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "85a63e809999ca336078b690355db798391c78cc9d1c17d05e883da9f25ed5a5", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0111", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0112", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "天下模型第一层“东升西降”可以作为最高背景暗线，但不能跳层直接解释单票。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f5a8e2f77ff948604dc5a54d4f862358f5fa914eebaed3d20b0fed1bea548cc8", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0112", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0113", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "本案例新增的固定检查：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4b1a3a51a421e4daa570450966eced59b22fb0410255715b085dcb0d969e5686", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0113", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0114", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "看到一批监管处罚类公司事件时，不能只问“这家公司为什么跌”；", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d8d21efb0783fa73428265ee82d2c78d819d804c39dfd1f86e12dd1c89540d9", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0114", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0115", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "必须先问“这是不是某个更高层资本市场治理意图的下层显影”。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "83e7591a238bdcee8ca8a214bda78466bdf69de7f4147a66466343208e778486", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0115", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0116", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "当追到“资本市场出清/秩序重塑”后，也不能立刻当终极根；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a2e74317a7beefb058c3f82244f087e3656bf8d204dc489963a2535b60d4f3c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0116", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0117", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "为什么这个阶段要出新国九条？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "74b69f48ec94be614b4158e83d4646c40cc4d2899a6b08cf62d659fc4a30203e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0117", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0118", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "为什么这个阶段加强上市公司监管？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "afaee4abb29dc1cf49601058d93158c4ddc27ac0251660356f9987075b01e8ea", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0118", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0119", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "它背后服务的是金融强国、防风险、资源定价重塑、产业升级，还是更高层战略竞争？", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26078e2847116184942b2a38e3642bc026442c66409e8fbbf304d9b192b4738e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0119", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0120", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "因此，本案例里的“资本市场出清/秩序重塑”当前只能叫相对根部暗线；", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88f5fc7ca16ad08d84229708ee20f14635ff480439c410bfc4b7e0d36a20919f", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0120", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0121", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "后续还要继续做 deeper_root_review。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "505c9b52941a09569696b7cd43afa225155403dbb4576fa378dea394c0ae9ac2", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0121", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0122", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "当前更高层归位：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7377d7f437b315a2a4683894b95451835a5ea17bcaf9c557a478700f227b483", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0122", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0123", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> L1：金融强国 / 高质量发展 / 新质生产力 / 国家安全", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af3571c87a8dd2a38fb9493d1116cbc277acf86a2456fc8827839ba01397c44d", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0123", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0124", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> L2：资本市场出清 / 秩序重塑 / 上市公司质量提升", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "181046ef442bc8f3e177179e40d5c0421ddc4b14cf5d6f56823e2cdb7b4a58d5", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0124", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0125", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> L3：强监管 / 退市 / 打假 / 关键少数追责", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "64f9b57485452763b20f2adee356709256be6e792d0069acbd1bc5b0a55ffd51", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0125", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0126", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> L4：公司立案 / 处罚 / ST / 退市", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ccee4e2a1358118c1ec63a0db090a6e09bf91b402bb9e505d4859e6b3fe95a1", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0126", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0127", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "-> L5：K线负向显影 / 风险股折价 / 优质资产相对重估", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2675089df4654ceefcb884bb958367ff4a2fc30012e8263186ef134bd6c87741", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0127", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0128", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L0 只能做最高背景板；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea63f034c359a8191db160a15207f2637504d8c23a522cd5656b0e2c0c62f5fb", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0128", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0129", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L1/L2 用来判断政策风、制度风、资本市场风；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "efe4e0f119a0cce52b0097062a698a809c325f9e9635702473c56e93202d18ae", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0129", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0130", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L3/L4 才适合落到具体事件和公司样本；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71edb8007acbfba390ecda609daa5c6bf83a01b6e67929fd3bd81927c6adb9fa", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0130", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0131", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "L5 才是股市显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f67dd6286352df7f1e9e2e0089e978c3c4efe23dff07585a4d74a6a46da6bcbe", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0131", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0132", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能从 L0 直接跳到 L5。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdd2538c837814e647fa0767495ea6c72fbd17205f4dfef3b5561666e504f76e", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0132", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0133", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "普通监管链只需优先抓关键节点，例如立案、处罚、市场禁入、ST/退市、风险解除；", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "983f6b9ae1cff2145fafb71d8c4a3b5a084cee700889d6c92b25a3b13e6b06c9", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0133", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0134", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "中间无新增事实的转载和评论不作为主证据。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e4a0aeec8f5cf87792fae4907cf32cffbfaf426faf629ff73d145f592409d510", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0134", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0135", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "只有进入专线精追的暗线，才补问询、回应、过程公告、相关方小动作等细节节点。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc37ee59d285af3c722f5af731cf391fa947e44953b93b0663ac66ade66e0028", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0135", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0136", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "默认不深追所有细节；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "413fb0ece0d0954578eaa0e3ff591ae9614fc0d87e785f7fb44a1dac23b0be07", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0136", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0137", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "当用户明确判断高价值，或观察员判断该暗线对方法论验证/目标2验证/短期显影验证有实验价值时，可以进入深追。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "afb1d13ef3d8aeda6710ea4173399059f3d7088515a2a0cd7057b29ad99f9a67", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0137", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0138", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "当前方法论建设阶段允许少数案例深追练手，但必须说明实验目的和停止条件。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b481945a1839dddfcc9325d425b0c80bf1d72973a6e56debf0640ea296a3d0a", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0138", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0139", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "追到根节点后的固定动作：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3edba7b3e4ed8ba1096ae3b708f6245d0d3959aef1412f1eb92bfd46f48fe20a", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0139", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0140", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "如果当前枝干向上追到新国九条 / 资本市场秩序重塑这类根节点，", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "984bf23497d265be5f3fab7c839d11ff704c7a88c8a8f71391c22abccc9ee84a", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0140", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0141", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能只继续追 CSRC 立案处罚这一条枝干；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "748092ce6c8e93ea8f4689759aac43c910109e8a63d2aa43b57b91b89df71e75", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0141", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0142", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "必须回到根节点扫描兄弟分叉。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c88b7ce6f78eb68d28508abed17003b5b7d83a2d2c838e6122b922e0cac8b08", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0142", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0143", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "本案例的兄弟分叉候选包括：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e0fd2724b6dd266b11e57dcc24a8518dc1b1ff2faca8235e5a08b18bbfe0ca61", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0143", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0144", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "分红 / 回购 / 治理改善；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58b18fe1ef19475849c5395f32ba495bcc9c26d9d083bf00b2f68f62c058cce5", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0144", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0145", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "退市 / 打假 / 低质量资产出清；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "73e5209e2a2f8d58eb3197dce7ebe977485cb820c2de8f2944dd92e9f70b2a44", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0145", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0146", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "中长期资金入市；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ca0300e5bdd0c9cfdf1e68dd5b796c9883fb8fe45db3c945db1c960abfcc0fc1", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0146", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0147", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "并购重组 / 资源整合；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5af531cebcbecf8f7d877cc0f9221ffe30f0772c94f287d097697972cda4b59", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0147", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0148", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "新质生产力 / 科技先进制造。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cff0ddab3784932a851f05a68571cbf382b2e07e4e2aebc8fad88982555eb9db", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0148", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0149", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "这些兄弟分叉只能进入候选池，", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b9f6d3e45c3c7003cdbb7e18eec744ceebbed9ca7a0b96d0e82f801fc4b8a4c", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0149", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0004_EVID_0150", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0004", "raw_excerpt": "不能直接继承 CSRC 立案线的结论。", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "434bc5aa98a44fc2303872137bebe2c3f073763e16c3da00877f1bc35dfe2ec1", "source_reasoning_step_id": "DLCASE_LEGACY_0004_STEP_0150", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "## 案例 3 补充：公告前可预测性复验", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87b5ace71677e27967c375f88535e2ccce2ee16a9ca81f349a94153a04bf71a6", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f3eb6e43cc8199263d1407307d2b65ca602d8667a507031c3ece9768a34ed7b", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "招商局集团 8 家上市公司集中回购/增持公告发生在 `2024-10-14`。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f55cd59c37ded5534a547ee500803029422c0ec6e93fc54defadafeb4d8ed390", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "如果只在公告后看 K线，D1 有反应，但 D5/D10 不持续。真正有价值的问题是：公告前有没有信号可以提前判断这类行为会发生？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "917d24a2425f093d92a6a2fd14f7e3652b2881c0aa2d890cd91bd72c3fc07f04", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "### 实验链", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d4d69fcbb271f4f05b94ce8718bbcc66d54346b8e9946722bb172995fdd7f7f9", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "2024-01-24 国资委央企市值管理信号", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2851fe3815a3cab797ea5c1d19850885ffb1987b71c60745f5c7476b5267380a", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "-> 央企/上市平台有维护市值的上层压力", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6256e4b7caaafe3e268ed3f6a751910be7633e640eea5fb183032311103f470c", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "-> 2024-09-24 回购增持再贷款与资本市场稳定政策", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3a75fa6ebda36e4167716dbbe0d79f6c46d33d7fd117a5febece12e0ff8799c", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "-> 回购/增持成为可执行工具", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bda4a89755d67f3d788fd489023c72e91212c24dcc621e64314fcb28f6bd8e67", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "-> 候选对象应落到央企集团、多上市平台、市值管理压力对象", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "194b9f57417b233de9bfa152b97e050d638834467df2d716546d194fd015443b", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "-> 2024-10-14 招商局集团 8 家上市公司集中回购/增持公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01776d07f2d5d6acb6671eee0c1c676a6094a0c9e741252332e309fc0550bf25", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "### 结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18d9a159c007c9f5b3880e2895577cf5f47d6af38a9a85a4a119af64e404a122", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "`mirror/data/result/darkline_l3track72_to_79_cmhk_preannouncement_predictability_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e3a32c69877880eb21f663b2263d569483d844593aae599629c7a20613e728f9", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "DIRECTION_PREDICTABLE__SPECIFIC_GROUP_HELD_BY_REGISTRY_GAP", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e784aa2ca0a118b7304251afcc60841f4d8edefc701bc79a7d821919a94b3b8e", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "公告前可以判断“央企/集团平台可能出现回购增持响应”这个方向。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97ed4c6b90201afc1cfe354f12de9b9e85d339898324d53fcb4c91e083b57dc7", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "招商局的后续行为符合这条暗线推理。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ed9d30918d0be8957ee3766f8d1321a0b6f49fed8758d6b97c35b1e8608779e", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "但当前还不能说公告前一定能机械锁定招商局，因为缺 `as-of 父集团-上市公司成员池` 和 `同窗口非招商局央企集团对照池`。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6d466f7102ae2e08ecc64cefd84712c824e68e42efa17b69f7901306f254d346", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26fae66ea0f6254048b966b4a6369b7506f36cd7417df639b0650f0ec95fbc87", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "- 新闻不是起点，新闻是结果。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69d18db92fc0a60a477c86b85a1c37d70aee661a5fc7c0cf79808aee04aa70fa", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "- 暗线价值在于新闻前的行为方向推理。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a53a66e089b532c13747807c294811dbb8e5b00b77833f79fd07a19129f7221e", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "- 正确目标不是“用公告预测公告后股价”，而是“用公告前公开信号推理下一步可能发生的行为”。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff904c438ba0fb6139b0c744d5fd2ba2a6b40b25366f1fe30ca9a1aaf4b1911a", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0005_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0005", "raw_excerpt": "- 暗线推理的准确率不是靠事件数量堆出来，而是靠关键节点是否被验证。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a82a4bf3063e17a3bd388f93469d60efa90ab9386c1d4000345acddeb49db61b", "source_reasoning_step_id": "DLCASE_LEGACY_0005_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "## 案例 3 补充：为什么偏偏是招商局", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dfb45264a0201a8a92de8770018ca3b004b172ef53a8657b42aa3dd50b024fa7", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b259b543ee0076da5572208fc860b661531d84868bea5e59dde15f8ceae5605e", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "前一轮已经证明：公告前可以推理出“央企/集团平台可能响应回购增持工具”这个方向。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d8da7dfbcd6008faf5cc332c0d166a89e7a920507b163da460103951f307be92", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "但用户指出：符合央企、市值管理、多平台条件的集团很多，为什么偏偏是招商局。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e221996aa63e713eecae5f7e664d3de437c34554b8ea74bd7a6ef600fb76e0cf", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "这个问题不能只用“央企”解释。央企只是必要条件，不是充分条件。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e878ab11b131f707935038c49158726c1f88c72dcf2e32570b8880532846b826", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "### 拆解", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b90e0563fd0616343cc0610b1e17a4845e711183748e3c814a7a94d2e4012a06", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "央企市值管理压力", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f33091937ddb58b4c463419a3310302dd452d5e490105e6585dee1b427d3d6d2", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "-> 回购/增持再贷款工具出现", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f87542bcc1dd15b93bcdd2aac7778ce55d996ac30ac21c23abfec3f6c4168f6", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "-> 多上市平台集团可能响应", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0b848f4f50cb507bcd68eda19bd50ae93bbf8fd0339412114cdbd3d48f857d2e", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "招商局特异性条件：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f3376cdcba25c8233ade1073b9f71c3c9d23f3830b7eb28e2abc3d3c465c68c", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "招商局集团有多家上市平台", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b91de02a72b6ef6751c19e65fa0ad48758ee0af30b8deb89dac880a6a1d06334", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "-> 招商局集团和招商银行存在集团金融生态关联", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "961bf7120ed2f78648e62dafe3aa56369cb9c8d4901f00ed58144cab15aeb199", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "-> 深圳首批股票回购增持再贷款落地时，招商蛇口/招商银行链条出现", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e4b4f0f76ff708d9c7a4e1ad90c5428ed51cc65e6d98c633c62cba5b5203b670", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "-> 8 家成员同日集中公告，说明不是单家公司自发动作，更像集团统一组织动作", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d3454445f90e231c69de44e4c549ec7512e5bec7879515810d9fcf45542eb42", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "### 证据分账", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5184bdec997c60c06f67fd69d6057469c342d3bc5450b0afdb80c323bc71898b", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "公告前更接近可用的证据：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dab11283bb501b12996a30e6019b32942d4b8350a704af127503c79167d67fd0", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "- 国资委推动央企市值管理。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "23bdd51984c406f7294a2906cca5aaa5d081ad9e4c18836080b5bd060258df5f", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "- 924 后回购增持再贷款工具出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d3b2ccaad2e8978ab0c8315c86b8cb8b5d196abd0ebdd1f8d5a542fb76b0857", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "- 招商局具备多上市平台和金融生态基础。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "306c15c2db3acef8cdee64e91ec11f00f57954ec53efca1a6859a8ccf790fee9", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "公告后用于验证机制的证据：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb5b78c4cfb4e3a3df3b3c53b44f8969a8a70b1c974fd10e8dba3eee406b904e", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "- 2024-10-14 招商局集团 8 家上市公司同日公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "009a39656f325302c46f74571d78c463f07f38d3b0cc8bc30ea55bc166bd9435", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "- 深圳首批股票回购增持再贷款落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ce743d983d5010319acb89fa45df88b5a62b60bd15d441df7a7910f3918aea2", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "- 招商蛇口获得招商银行贷款支持。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4fab47c176dce6da483ab04393b9cc8dbdeb953acbd44cb5675ad94a81c9d967", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "### 实验结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8135023ee2fdaa640d881bc0dabdf5b698a4174f19182f8b97a392a486490f85", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "`mirror/data/result/darkline_l3track80_to_87_cmhk_specificity_attribution_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "00bffce424ca9ea95600c62fc2dcec9f0a788b3aa40619ed5d9da34feefc098c", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "CMHK_SPECIFIC_MECHANISM_SUPPORTED__EX_ANTE_GROUP_RANKING_HELD_BY_PEER_POOL_GAP", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0594fd666c19adfb7158bea0d74b25186293246b2f8a2c6469c1e7c2c8e485d5", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "事后看，招商局确实不是普通央企样本。它有集团组织能力、多上市平台、招商银行/集团金融生态、深圳首批工具落地这些叠加条件，所以它成为承载主体是能解释的。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65001f4eb4912fe5327fd85f117986e95f081f673ba11faaee2459d225fbb721", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "但事前能不能在所有央企集团里排出“招商局最可能第一批动”，现在还不能证明，因为缺横向集团对照池。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "607d345172d1e737532433be5e8f93ea59e9a2230b53a3f83d28cce4ee704a3d", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e9094d1aadbbb5517c674f1152595262b3fd1eff0283fff3e4561467e1f732bd", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "本案例补充了一个关键规则：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "22c9a7944f29e9385c4442b149b857fe3b3306ba144eea86bd0904f8677eb89c", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "泛化条件只能解释方向，不能解释具体承载主体。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6c94b9b801be5420c8a2c7679797d23d683844fdfdd3070d437be67efe5209e8", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "要解释“为什么是它”，必须找主体特异性条件。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75608abe9d88df56ec85b6228ed400224de92748366aa095a46474075eb29b1f", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0006_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0006", "raw_excerpt": "特异性条件也要分账：公告前可见的是预测依据；公告后出现的是机制验证。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4397bcd886a000daafa606516615e591a68596616284cdea19b185359af63775", "source_reasoning_step_id": "DLCASE_LEGACY_0006_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "## 案例 3 补充：同类国企横向对比", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eba3d2bf99e1db169a40d6b62f845e706011dc55cc2dfbf30874b6987a11d796", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0cd2fcbaeb55e21eff138ef27f358259b7817fa114c072513a0d9c5d073b291", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "只说招商局有“央企、市值管理、多上市平台、金融生态”还不够。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc5f3eae42c4065b5579c1daa27c3720be3952c4ad96bd80c9a34bbf96b4f89a", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "因为中信、光大、华润等集团也部分符合这些条件。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2f2fc6f657cce5788a33c9bf6c962b3723942e70878d83f4d2845a4fae9a43ae", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "所以要横向比较：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9672991d9f8abd712b047c0fea7b9493f7449e9e883207cb77c50fb27aabfa0", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "谁只是泛化央企条件？", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f148a511be168a48ae20f3f332053e4037b7a22b6b75a259e912f607492f4336", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "谁有金融执行链？", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "669974739e3bf7e231632f6ab0cd0c6f1fdf25b5243ef7056850da86dd7abd7d", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "谁和 924 工具链更近？", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "da9b888536791b92c3a6aa09dad3b67f5938c2b6960df0fff4937fbf5259ecbc", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "谁有地方试点落地验证？", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0182d6a2edc3ccd37b71c2d86a96c07e2f0b47980c35dba00813d25ac814c715", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "谁出现了同窗口集团动作？", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b0a298823d59a30590efd15c08a030cf9b224b67f82c54c2f532908d7c2833f", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "### 实验结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bb4bdc2bed4611bf83680e3397c03a0b6a974b1f027eff4e2b25c94a79e32aa3", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "`mirror/data/result/darkline_l3track88_to_95_cmhk_peer_group_horizontal_comparison_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cee27f92baedebe5c250779b6748734e4669950e622ab3a6da2abf19e772966b", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "CMHK_TOP_IN_CURATED_PEER_MATRIX__EX_ANTE_RANKING_STILL_DATA_GATED", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32d1ca92f6ee4179d59febdda2d6201f223181047b04624e61191533ec20e857", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "- 招商局：多上市平台 + 招商银行生态 + 深圳首批落地 + 8 家同日动作，当前矩阵第一。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "723a05aa7751121931fcc515dc3767b18b47e29e49cb3071167889d7a89a3bfd", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "- 中信：强对照，金融执行链很强，也有多平台，但本案缺同窗口集团动作和地方落地验证。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4158c91b118c390fe6d832da10d463bec5ba84ec67ab1b1d6d40aa8c22fb9c7d", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "- 光大：更像金融工具执行端，不像多产业上市平台响应端。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8d660bb5ea71df02060e2fa86e4968cbf676e8608ac13eba87e75cd2959d8886", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "- 华润：多平台强，也有区域银行链条，但全国性金融执行和本轮落地证据不如招商局清楚。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb027c338d2923ff91d467676c0e89b711b18fdc7766869a3087eae5a5454703", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "- 保利/中交/五矿：央企和产业属性强，但金融执行链弱。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82137b6a47961c1bbe69a78be5d291dd316ef3e763a3556e87930bae02a2cab8", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ff0169701e31e5ac45550533c5d961647e941fefb67c282df14ba2b57ba128b", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "这轮补了一个更硬的判断：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5f4cf9a1aa83174b826f35d2a8b8f73f68998eacec7c3ded7fc2974f8a076e3d", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "当多个主体都符合泛化条件时，不能只讲“它符合条件”。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ccb570835e322af3d1e1430f530c74d43cab41bd0171506bad5bce1aecc9c52b", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "必须做同类主体横向比较。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96d0e8860da239d18b57ba1ce7d79d6cc751c6b351fc243c7af7b0241813bcdc", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "比较重点不是名字，而是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "574b48ea7128af4e45b9a98a3a293c539ae6627395edb67c5d9f0c6ec5b02360", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "主体性质、上层单位关系、金融执行链、地方落地链、组织动作证据。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e7ead525f806bc6e38de935e0081a2ba3606f2a29f4090bc7514e9a38e687ebb", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "当前能解释招商局为什么更像承载主体；", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d887c14e197cb81d7f6e4b662b675ee9965e1554939e92f051871ad677c77409", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0007_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0007", "raw_excerpt": "但要做到公告前机械点名，还必须补完整央企集团横向动作池。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c8c5ea2cd30fc7e947ed3711ad7e1df7db6df492ef6197ad0c274b29050a7bc2", "source_reasoning_step_id": "DLCASE_LEGACY_0007_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "## 案例 3 补充：三类缺口数据 proxy 化", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "20be9972ebad78c2708e682e73625f8bc261e480b04fb1a82355b2f9b36a09ea", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2f9022b61c0e99f9cc17126f5ce39f715115f41c8efb2036f9970f1e4931597", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "前面明确缺三类数据：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a50cd53a15e94f49b3645f3878f22b0836493f5ad89d4e1661e77ff8620aad76", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "1. as-of 父集团-上市公司成员池", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16960a35c836295a618bae2b9b32dca14da2e0d644508d2258a0c1e02b6d1e5e", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "2. 同窗口央企集团回购/增持动作池", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd71d05f21e55cfd17f9a38fb0a9db6a4a1f5603ece698257ceed2777feab939", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "3. 集团金融执行关系表", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "49fa407f9d17f875e3433cfdfccc30ebf590f562e4416ee5dc6c840c32f14ff4", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "用户允许在真实历史 as-of 补不上时，先用 2026 当前数据做假设。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e8ed260068b84f592db197514ed1e0aa55cfcf18a9b8fcc691ae96e5220438bc", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "### 实验结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "235ba642a27b90d0d7d96848b7abccafd18e1742c057ed064f4b93c104dfb3ee", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "`mirror/data/result/darkline_l3track96_to_103_soe_group_proxy_data_supplement_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06b5319434d8bdac41437209e9ad15aee4475230397c6f79f9dce1b4930fe698", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "THREE_DATA_CLASSES_PARTIAL_PROXY_FILLED__TRUE_2024_ASOF_STILL_GATED", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "73858cb0e9341a7a08ba5a720302cbe49f26081d006eca51e6c8062281df5ccd", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "- 7 个集团、33 个成员的 2026 proxy 父集团成员池。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4576154525353a94f6f0f7b60e7d3df8263952069aa74141ffe58e76e4606903", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "- 东方财富当前回购快照 join。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d79040e6e09baf08bf34732e1b46cf8563e1134d2c1a88bab2761222529fe5fd", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "- 本地巨潮回购版本链样本 join。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b6e7945996e26e7ac8076f280b74f7ec358b9de8d43279299ac667ddf6f05038", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "- 集团金融执行关系 proxy。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "86f9727d801c17df2b3613369ee815391739c904d78b4728334f5cf46d78b5c4", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "proxy_member_count = 33", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f2861daa1e43df8dd0fd6e41b8783a48256fd7eaecd8c62982de3dd7f2d2f23e", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "proxy_group_count = 7", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3701f9dce8f03ad1dbe21215b1725df5b789c84e70e5c030cd6e57b740325c94", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "current_buyback_snapshot_hit_count = 15", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a5da6d00ae4a66d57d4c605baad85ee21b7f4a29c5587a51ae502723538c2094", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "current_buyback_snapshot_record_count = 22", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ad8decddeaa425ba07460019cd89197e09027e2322bc17a3e9410af8b38c87f", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "cninfo_2024_window_proxy_hit_count = 0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6b1621cb555125789f5567aa44408cd5fad0db36af1810efc66484a5e4ddfd8", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "top_proxy_group_id = CMHK", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8266d7d6adf3452f367372ea9101276a50f96279c0280ee2d26797236f302ca4", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93dc53011b45b49e08bb0dd00aa1e770fed0156aad295e80802cb0680616d19a", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "proxy 数据可以帮助我们继续推理和做横向假设；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b47159aee8cfc962ab238912aa8b2db58f3eef3449b66e34f9395878d2e3591c", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "但 proxy 不能替代历史 as-of。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8519f86e2a5c9d22cc6f1e2215447142ff29ca4fe60006808b6eedcd024874d5", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0008_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0008", "raw_excerpt": "当前招商局在 proxy 表里仍然强，但真正要证明“公告前能选中招商局”，还必须补真实历史横向池。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e0fee7138954d29c72ff3b7128c9ce8ef0d7ed8f500c8883b915f96806174c40", "source_reasoning_step_id": "DLCASE_LEGACY_0008_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "## 案例 3 补充：纯事前 proxy 排名", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "99c29d3781cc1e80a5e9e18f530eb5e4a3c3970e4402607e3bcd7124d86428bd", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cdeda70fa8534c2afe18cc9548a16742e099bd86dd6cd85473cd1c1cd9a72cfb", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "上一轮 proxy 表仍然用了部分事后信息，比如招商局 8 家同日公告、当前回购快照、公告后落地验证。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "335e7603cfca9c19467c4bd0be03eb59bd671c82dbcf8e0d5aaee2d0102e9bd6", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "这些能解释机制，但不能证明公告前筛选能力。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c1ba831668d2cc18d0b8826350c5c18c251d54ee9dadcef785491d2019c5dc8d", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "因此本轮只保留公告前可推理条件：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "994c8d04cc9d634d6cca0993f258c46939acad4baeebda6e0a3d349903a182ca", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "央企市值管理压力", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9aa06eecf96b6eef7248513ebc7e7e91824063ddc3e09d31d45d69a23ce84d83", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "924 工具链关系", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "258a6f98152d970f26cc7cf69c63fb49b916e149cb8134c5648efa5f2ebfea45", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "地方/政策预信号", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f6b08784167bad769599990c4e1010e4a75ec3da2d1a3a20657168c55529d5b", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "### 实验结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2f00aa1798a691b2f54ad5e891c2380b91788f267111d0554cc88b7c8bf9483c", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "`mirror/data/result/darkline_l3track104_to_111_cmhk_pre_event_proxy_rank_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "563ee27b8085f1c4a4089569302ae29fe0ea4362ccaa52cbeff18a051a5a4bf7", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "PRE_EVENT_PROXY_RANK_CMHk_TOP__CITIC_STRONG_PEER__TRUE_ASOF_STILL_GATED", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55aa4fcc5177481589ccdaf274d72253d1a8cf7ca827208d0927046b0ed1c597", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "招商局 rank = 1", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9769e2eb010bb2c856b38918264f3e2a775f8bc038382ccef7b5262692c5a77c", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "中信 rank = 2", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc32af7bd3ef940abd49b09b06c4ac7c4287582687531017996f6af257c8511e", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "招商局 score = 15.3", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae30d685bfddd5118231871b2c1e7dd1f6025a59cfdeef8f0447e06c19b248eb", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "中信 score = 13.0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7688f58f6365f7fa1446e3e152f6d1c0b5082f113711e725243165d4733f24fd", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "5/5 权重敏感性测试中招商局第一", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e930569e70d7f4d890ca8e46b7c7a60dff9a3d95c9deae3bead16f70d9a01a1b", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3156ea5dd43169bdbe4c514226f7f3480b10daa9e87e72dfa110f37149868a10", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "这轮比“事后解释招商局”更进一步：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "67d580577eb27a46eb9d32b39d3f03188cea7546a15639511f91600c7f9737f8", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "不看答案字段时，招商局仍然靠前。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ab7dec2ab2a89d743919bbc8063978ba72073a8114400db34e05e7ada819a91", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "这说明暗线可以通过公告前结构条件进行主体筛选。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6e77817fb50a0fc8e47af8b66dac87904034ffbec4ac413f7b5073669e6daba", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "但当前仍是 proxy，不是 2024 真 as-of。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e05e7e2f4c49a08bd7bbb69f16173555b8ad9418f34299186e42141a2d2c234", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0009_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0009", "raw_excerpt": "如果要把“为什么是招商局”做成更硬结论，必须补真实历史央企集团分母和同窗口动作池。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac4aec0789212186bf06de94abfc1d57f24346da29054fb84220d4f0aa1d99c5", "source_reasoning_step_id": "DLCASE_LEGACY_0009_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "## 案例 3 总收口：对信息分析的启发", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5c91c5dda9ffb4bc0c316e29d162ddda38f33e8db52f0ad22e029934b8301b11", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "招商局集团集中回购/增持案例给出的核心启发不是“公告后可以买”，而是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1e66cd0fcb7de31478574cac509ea196471ee69b26672f3d50c1984d7fd1b09", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "新闻公告通常是暗线的确认节点，不是起点。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2471d5cea845061459bb057566c65e18db4840214e6b12ebcc6743e6df2e9a71", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "真正有价值的是公告前的意图、政策工具链、组织动作和资金布局。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "36790b9469dc70448f6ef39d1224fc3c87408f6d36841f9cf940f8af6520c779", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "本案例的方法论结论：", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0d6976b38e9555db20c6b41d0b7aae3afcbf1e952e4d1ace7308c479843dc8e2", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- 高层政策风只能先推方向，不能直接点名股票。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f7e0fb5b392805d5973fdeb3baa767029974cd208fc68c44b2f42c3491bdbecb", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- 要解释具体承载主体，必须做同类主体横向比较。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abaf0fea6ed9205e8a9e900211dc49102eb3595fe2875b83048f788b9f117f68", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- 泛化条件只能说明“这类主体可能动”，主体特异性条件才能解释“为什么偏偏是它”。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6565bbb4468692788896fdfa2204f9f2d9fe86fa409089317445bf5c31583938", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- 公告前可见证据是事前筛选依据，公告后集中动作是机制验证证据。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0630854e71ca53cf38ec46f175e63acaf42db358bf23fc94888ddb9f806814de", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- proxy 数据可以帮助推理，但不能替代真实历史 as-of。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e14b449e4d469da15d33d2be1788b6db49c2c7ea868c087b8a018d6181ad120", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- 这类公告更适合往前看：如果公告前已经明显上涨，而公告后只短暂确认，新闻大概率是迟来的确认节点，不是行情起点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd8aee0c9c3477e850a82899a2475aeccdbdfa84da3bbc1fa90a86592723f47d", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "- 利好类型会改变 K 线读法：招商局集团回购/增持更像托底稳定和市值维护，不是生产力增强型利好，所以公告后不应天然期待持续增长。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05c27f00ad8d8595116e66184c1e8fc2105111cf7e6f282b4841135717e499f3", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "### 公告后回吐复核", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24acf7b9b75cd60c1714d478380233218bb29b7c29d85879e181a8df1ee67132", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "用户追问：公告前 20 个交易日平均上涨约 `+17.78%`，公告后 1~2 个月是否把这段涨幅跌回去。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ad50be18cec52f0834067d8eb8d44a55192ff678657cbf5fb13032576bce9b9", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "`mirror/data/result/darkline_ad_hoc_cmhk_post_giveback_20260515/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "def0da7b7c4ffdd44b1314715b773c2d43e9c0d7e106b9ae354947991a72fca9", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "公告前 D-20 到 D-1：平均 +17.78%", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc3691a59b16327ee4a39046aa68cc5b8e4092f69b31883bd5acd7e717eb3a3a", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "公告后 D0 到 D20：平均 +1.36%", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdf096cc876664d37ad9caf6418b66f89b14424d654faf01519744677768747e", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "公告后 D0 到 D40：平均 +0.73%", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "afb759af4e692610aee7dd4bb21218d1fde864e31c2a46cf86c76a1f156a9489", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "公告后 D0 到 D60：平均 -1.92%", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0d728432997eb700c36e0b524f49edaf76a5d57a06b7d7543be17ca3265ca303", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "从 D-20 起算到 D40：平均仍约 +15.57%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c7cd32ab290af4085a8aaa565bc2ecd588d877490d5eb935c8628604ae4a559", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "从 D-20 起算到 D60：平均仍约 +11.88%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db314d46a7169fa07a1b4ba6e7e908886bb3fd6398e1825924ec78457641a486", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "公告后没有形成持续发动机，但也不是 1~2 个月内整体把公告前涨幅全部跌回去。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a42f296ef3490341ca63faaea579bdc0fe872079ddce26d55b22890cd63df985", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "更准确的读法是：公告前已经被政策风和央企回购预期提前定价，公告后只是短窗口确认，后续缺少生产力升级型增量。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66e215cc6dcbf862b341c178160e047672d473a9a01cddf9a9eb2bf60b6ad78a", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "当前可交付读法：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6f171cc5926ad891c2194660d6bed3e89efeca31ff968b7c58b0c37d6dfafc8", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "招商局可作为政策风承载主体筛选案例。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d84e423b9724ff477c5fe3f729443dee7e16f2d4549b30d97d82747d9d469b5f", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "招商局可作为“公告前结构条件筛选”案例。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "952024baf0de771581964affdffe48039ba884ddebf3a509949ff8ef032f2ca2", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0010_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0010", "raw_excerpt": "招商局不能被读成已经完成历史 as-of 机械点名验证。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e40e65241598b1f4f5edfdf486d39f758275c1a6dfcd20bd205f64cac6958f41", "source_reasoning_step_id": "DLCASE_LEGACY_0010_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "## 案例 3 补充：信息拓扑归档", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "858f68b38c31832851b2b2d330ab1f75a3a81162615278a7e8177aea0b54bccd", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b206a82bb521eaebd02d9acd36f5558d26ef2119d82c4c96293babfe2efd4bd4", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "前面案例已经有故事、实验和证据，但数据链路仍分散在多个结果包里。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b48399b2208b4737beb8f0bb14cbed4867f1fa3241d8a87e0cb952fff33444e", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "为了让这条暗线后续能复用、入库、更新可信度，必须回填成标准信息拓扑：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "84980f84b577798cbf7f4f6e7557a76d7f3745c1850de4959b7c366ecdc110cf", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "暗线假设 -> 应有之线 -> 事件节点 -> 证据 -> 影响对象 -> K线显影 -> 对照 -> 链路状态", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8fa7b23e6f7c67a5a45eac8bc1e1130621108882ccc4907e34a9b4d621e8732e", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "### 实验结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d711c25576fc741e6815ed95573f37f72001a05ad6fff7d450435c4083afdaeb", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "`mirror/data/result/darkline_l3track112_to_119_cmhk_information_topology_backfill_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27404a498cdb2b55f7d0e787ee4535b3ad378873ff20969989bb8e8b71928b46", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "CMHK_INFORMATION_TOPOLOGY_BACKFILLED__CASEBOOK_LEVEL__TRUE_ASOF_RANKING_GATED", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7dca44a31d998ece69950b9cec740d50d6215067bae46fe25744a5618e6d3e2b", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track112_darkline_hypothesis_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63ed82d90a6156f78e5d601d82b1f7ef0d78c8bd5ee138b00b9fbf1bbfefd477", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track113_expected_line_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88dbf1f9f7727e0182cae4bbd93f2776460e7ee5e97e00fa98e9cebe98d05079", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track114_event_node_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9302ff53ef184e7945ec311f25379816509b6982595c4c28521c3357ca16e19", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track116_evidence_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2bd88db11620ec1df4464ea0a518bfd82c9dfd3e4ae0145d1f424f280701e034", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track117_event_impact_target_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9005a7c7a76f25e0f585f8af57466f05ca0bbc388733ddc64e66f125e40269ab", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track118_market_manifestation_bridge.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0eaaac29207d7f952a6dc992cfa32b3b9d4a861cedc620c79992ba1530b2258a", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "- `l3track119_chain_state_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5147840033b2bf90b016c9368736387c3e0cb71c97929666aac32e48a3f8fcf3", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b71e6d61bd382a1674162b61c10ab86d27b0e50dc6c5ee77188f218196fc2477", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "案例分析不能只留故事。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4503b7b19af63b4812e614273503806a540fb9ec352e0540ceada14d4f3f2b1f", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "只要进入暗线追踪，就必须能落成信息拓扑表。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e0ce4b6e187950a7f492dad47acdba4f4519bc7b87a573a1bfa0236624e60154", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "拓扑回填完成，才方便后续补证、反证、更新可信度和进入数据库。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "748c1dddc7debf690ae8b17a3999e0abee78270b1a854be344c82f66dd4a7c22", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0011_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0011", "raw_excerpt": "但这只是 casebook 级拓扑归档，不等于完成真实 as-of 横向排名，也不等于公告前能机械点名招商局。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3356607bfd28a0bd30efd6b4e632274d337a14a481f69e5ec20ecbe37758cd89", "source_reasoning_step_id": "DLCASE_LEGACY_0011_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "## 案例 4：中青宝关键人/信披违规治理风险暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f3b90288efd4db6f8cb01679eeb5cf6a751efa50cf800e24599c77d8a24bbc9", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bec526892451d79b1f5202b948bf860bd90d371a6168391b497c5425cbe328fc", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "这是 L3 公司层暗线个案，不是批量规则。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcbe83701cfafda5dace49cb84a1ec4d225c08a2a661a078d3f0709e659f4447", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "本案价值在于：它不是单纯看到“处罚公告后股价跌”，而是官方处罚决定书里直接出现了延后披露动机，能把“人心/意图”从文本里反推出一段现实链。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6d2f54d3d6e0e853338be8a64a6ede2f3774d72594efde70523200238d40831", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "### 故事链条", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "09e4233f379349d12b6b77af24699c1fbb463ac1d06754e8319d80a2e33a7120", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "公司/实控人风险已提前形成", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f8133a2d91bf60f1f0eb5dae5f96d19b1a7cf902d85f6136e25bc72e09b86131", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "-> 为避免影响融资而暂不披露", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bcaac7a68109d1e2029e91197ca413ad1195d6d3135d0b9be89b729a40a5f0c2", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "-> 强制措施/信披风险被延后公开", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a18dc73b10c13481ca115fe867d06ceb11d500c820ff6e8f8e9836a94b398cc0", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "-> 证监会立案扩展到公司和实际控制人", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0889f053efb2d6aac08e6f7d893b09802d93c3d7b1d026d7c7c5eb8183675af", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "-> 行政处罚事先告知/处罚决定落地", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4111e52fc8a54619cf089d7ddc41305e8eb32969b1ff421303f623e9fa0c2b6c", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "-> 300052.SZ 在两个关键立案节点后出现短窗口负向显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93a4af4e9e5bec73bf30b50ef98b18fc2574fc6dae75c06a57a818f7166d925b", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "### 核心数据", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "347cf79a3409743e352a4b6098aefbf876de707cb7863c660494fbe4f0c5e21f", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "`mirror/data/result/darkline_l3track128_to_135_zhongqingbao_keyperson_topology_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdafc42a70c8b51919864ceeed44ee94c6bf6ba2ae2d6f4e58d110e9c697ab90", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2023-12-29`：张云霞被采取刑事强制措施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96ac18cdf29601270e31480c337f36de6af4b882df5e235db669211ea8e40725", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2024-04-19`：公司及相关主体不晚于该日知悉事项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b283424a9eeafbe957f104335a5ed259b8ae422f3ebd7dc796b7fd279deeb55", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2024-07-26`：公司披露强制措施相关事项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce804400606863cabc06c8146ba3b019796712b690812ddef3c67dda0147feea", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2024-08-09`：公司及张云霞被证监会立案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0c662a1c9399d01f12eb6c4c2d421d8b130b7f256252c34818b9790956a3354", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2024-10-29`：李瑞杰被证监会立案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c3275e2c77da2011670fae63c5e452780ca5382cdb7da43153ba26aa2846d60", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2025-03-17`：行政处罚事先告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d5ceb490d4687942189a7064a184821b51110054e81f974a895038f375877c7", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2025-03-29`：行政处罚决定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e0933a2a675228afc08f7581f5ad72207d89d0c448167d681757a325038aa0a", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2024-08-12`：D0-D1 原始收益 `-16.0685%`，相对行业 `-15.1216%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97acac13d4b4b9f08ed0e73f5aca7386617b39c00ff0246b9f40d6f2a33768f2", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- `2024-10-30`：D0-D1 原始收益 `-13.8575%`，相对行业 `-14.8756%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "183076556362742aa90952854bb0e2345da8209ea1eb10d2aa8891c66ae64672", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ae3adef458b2cd25dadd869125ac285ff678c618b76de5f3e4c7a905ad0382a", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "这例验证了三条方法论：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b66055a64fcff05d7eb0736ccc490783ba8d849ca77751a880455e079d71963d", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "第一，新闻不是起点，新闻往往是暗线已经运行后的外显。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8760cbb4466fe76dc0025058f8550afee1bbeb70e37eeaa15a213a30567e6d46", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "第二，L3 暗线最容易落到单票 K 线，但必须先追现实行为链。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65ab89e0e3621611c67e65e87d2d2f6e036d949a37712d6d6515ac027afbbca3", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "第三，关键节点证据比大量普通新闻更重要。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "156bae4ee85d9076c3b4b483642c02c7408aed1d124325c04fe4f71973eb56ce", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- 原始 `2024-07-26` 公告源需要后续补齐。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2430a882c9a64a5a67cac596a1a060eca85fcfd94d5e137433d38186a5f9a97e", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- 需要同类公司错日期/非事件窗口对照。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd7f4b71982c7a7f5870b84fbbd6119a725f1bb62bba52c5ca4cd123a820d1ad", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0012_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0012", "raw_excerpt": "- 不能从本案直接推出关键人风险的批量预测规则。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d4646cf552c505df76bac328c95758f1ee8d7b48cc36f94de403bf4265fae26", "source_reasoning_step_id": "DLCASE_LEGACY_0012_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "## 案例 5：诺德新材审计意见风险暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2196318bc938a179de044711eb7b336522e847b1916e26fe016edb80db3c15cf", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab6d89ddc1b0c92c35050ab312026b50c93bc262e7668c90f308ef3de0ecbe5f", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "这是 L3 公司层暗线个案，起点不是处罚公告，而是审计意见/专项说明。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "039e7ce2d85b2406e1c1884ce56f2249044294bac20fc28619439ac8b633a552", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "本案价值在于：它提醒我们，某些看起来很“会计/审计”的文本，可能是公司风险链的早期显影。但这种线不能机械读成持续下跌，因为市场可能先消化风险，再重新定价。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e50334b19d9e88106368d5d9d85aa3a9f1d3761f5cf0de3731b58404644f3069", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "### 故事链条", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ad808fe57ee56639d0c830ee02f43f000584d7bbb5e2b9d9ae00c3c374f2926c", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "审计意见/专项说明暴露底层风险", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55d26a7071d0572e2f9070506c4e33ef96aebb9610cd0a569d35cd621bb56769", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "-> 后续 4 天出现实际控制人、董事被立案调查", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8bd6f76ad2cdb6ffc81e22fafcf0f6e95572ae896c3ad00960be7979183913f7", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "-> D0-D5 风险显影", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b174efca0e978a8735f72f77fac55bfd637aa75d87ef5354461b980d3e3d3d64", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "-> D21-D60 出现强修复/重定价", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a39f1624472ec51cdc6df6826a460b8a9113f8547e98eb101e2d6008507a6b90", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "### 核心数据", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87378522da91166ea34f0ada497a077b34b4e58dd89bfdd138deff26598dba9c", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "`mirror/data/result/darkline_l3track136_to_143_audit_opinion_nord_case_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9a4ee5e48d05ca1c3da93a4ac49895eb8bf8f161121cd3bae4a6082d5d4ef7d4", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- `2025-04-22`：诺德新材监事会对董事会关于 2024 年度非标准审计意见涉及事项的专项说明发表意见。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb3c06728e162d9cf74451ed8166e19131054b61fd47a05d16fe7a977c0aefd4", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- `2025-04-26`：公司公告实际控制人、董事收到证监会立案告知书。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f205ed96815a5faac1e08ccb320830bb6fb5831cc3948b8052f2d27ada32b9db", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- `PRE_D20_D1`：原始收益 `-12.4688%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b6285ac3a3766e1a4203dcbd173fe6ee847f6fd20f2dc6fc5ccbbf8a7253f9fa", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- `D0_D5`：原始收益 `-12.8205%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bb50bfe6ff64d9b9f9883c5a2f9dd7027335ab048c3ba5ee2ccbf1dc6ac8349a", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- `D0_D20`：原始收益 `-3.7037%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87ba49e0be493e3380f321756b38607317eed9c67abc3c1d9ff50ab03189233b", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- `D21_D60`：原始收益 `+70.7101%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b7cb2da0b1c321640eedfd5f2a33b07107b22f6056c6132a1d04889b5403373", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1708ef8a8d4f2fa97059ce1f4f3f6275b28cc6003037026ee1f40c22912e8cd", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "这例验证了两条方法论：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69a99463615425c3ad5e209621c138b4f29929ce0c53dc2346146a936548b510", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "第一，暗线不是只看最后的处罚或调查，前置文本也可能是风险链的早期拼图。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e2af920e47e84e01e545d0bb297ceb097c5a9adabc3f8004101b755da4e3395", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "第二，市场显影不是单一方向；同一暗线可能先风险释放，再进入重定价。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a5732db5acee2abb068cf5cb9ee9ed0ccffa327e418b9eea3fb90f70ac333289", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- 需要补官方来源 URL 或公告原文锚点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52b8a5b6a00b022d78c01165eaf072ab063947557069ecd5b5e13a8e827a0c2a", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- 需要同类审计意见样本做多样本对比。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f464c4e98e0795a90a2aad7a5b21b3ba542470765765a3b30d59ab6f6aa4d336", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0013_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0013", "raw_excerpt": "- 不能从本案直接推出审计意见后持续下跌规则。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "504378256ede81312eced88cef4dfe10134417b404b7470b0034154be3d84483", "source_reasoning_step_id": "DLCASE_LEGACY_0013_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "## 案例 6：模塑科技人形机器人订单暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb5bcc1076c877e6a85fafe468a4b018bb9a7c6f54757fe348f059283f4daa8d", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e949e08920bf90c6d9dfff12e98655c318a423e6c094026daea17658060ff68e", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "这是 L3 公司层正向暗线个案，属于订单/业务落地型。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7db59cf2e9c7dbfefcc3601319889d61c6badb71730473b0eddf3b7d36d61c12", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "本案最重要的地方是：它最初是分红线里的异常样本，但拆完事件拓扑后发现，真正贴近 K 线加速段的是人形机器人订单，而不是分红。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1653912c6db21e3ec618753e1cfae79d556a925509f1f0947960426f4253773", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "### 故事链条", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ad19e194f993be61041852e7df9acb574238c2ae016d97a97a30b58acfb39d9", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "分红预案提供上下文", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bb5092bce0f8c7239496fd9e1fc3dabdfe11190ac51dbee1cb509b713f966ac", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "-> 公司披露人形机器人外覆盖件订单/采购框架协议", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1b83164388365c8bee16c3ec01bd7501709e59686c5aa9fbf3543fb38a3984ae", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "-> 市场把公司重新映射到机器人产业链叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc61ce8c37e165cf65adb82be79fd8e0fec0220eb1af53f3b81cfb26a5b5a2c2", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "-> K线继续加速", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd31c9a584dd3f00b45f0720ec9442e5cf97068dcbeeaa046d45127464e17602", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "-> 分红实施和异常波动公告更多是后置确认/上下文", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "970c0a67c5862921c69a68abd19229ab54fcc90ffb17356f87d2e070dc6e0250", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "### 核心数据", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e38a144d81952d5ba07b2d6211f98cdcd933f7e9fbe6a4115e7e54b8bda4a7b", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "`mirror/data/result/darkline_l3track144_to_151_robot_order_mosutech_topology_20260514/`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3507caf0fadf30b7aa6e1d6c077a34ef0ccc6fecd83ce4c2521c2fbc656fbb4d", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- `2025-10-31`：分红预案公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "deaaa5ec4a433e3fc5c5af6f6c6c5ab9b1eadd9797ddf53ad1d421e660e48376", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- `2025-12-16`：签订采购框架协议并获得人形机器人外覆盖件产品订单。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05a55a13e1db671e3aafa79d340627602aa06ff32cc0a39fbdcc260a87eb426e", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- `2025-12-30`：分红派息实施公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0a6c57b13f33476acc7f7d5f25cce809403346ff3e8a60d601d65c366b74af60", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- `2025-12-30`：股票交易异常波动公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21fb8a92d0e90df4f6ad141b8e070a76ae017d977376705091c38aa92d215590", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- 分红预案到机器人订单前：`+9.1650%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e972344f9968fa984766b184fc5c0a159f2e5a6d021101b41ef152d243d2c2b", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- 机器人订单到分红实施前：`+21.5415%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "03aca7bad116814a0c8e1d1939c3ff8ebc3f4edba0ed4c7ad3bd6ef66f3797a3", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- 分红实施后 10 个交易日：`-3.9146%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6134201a23e53b049fe4d54683e77abdf36cd06ca4d3176618fa83a373fa7f5", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d073b117d4bbf046f3cd3d93479638689367be089f199f7834caf71a368655e", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "这例验证了三条方法论：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8091af49e2183b665167dbd952787303defc7e75811f98e4fdbff80b26d2bc92", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "第一，同一只股票同一阶段可以有多条暗线，不能看见一个解释就停。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5473124715f74d8c2decf0270e99d7b0a35182d0c98d0ac5de3dd87284ad9c51", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "第二，正向 L3 暗线更应该追业务落地、订单、客户、产能、合同这类现实动作。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f879fc5d12310362a3b8fc3675a271fd95988428895a68233c616d917491828a", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "第三，异常波动公告通常是后置确认，不应当作事前驱动。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bb75b6deac24e7f076fa0a4513b3632dc2838dd452ec52508fba9a3b37c338b1", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- 需要同类机器人订单/重大合同样本做横向对照。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0bb0160df4b31b7171f30bcfec77f4fac10ecae070a71ac16590a01657b44f9", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- 需要错日期和同股非事件窗口对照。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d5105253eb1d4a601e55aac05bf2949743ab1d677a11b52e3bb0005c9e02260", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0014_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0014", "raw_excerpt": "- 不能从本案直接外推“所有订单公告都有效”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c06b6cf5dfb3c9f12b583ddf4887647e9731eb2f9201a13df448ab17565dfa3a", "source_reasoning_step_id": "DLCASE_LEGACY_0014_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "## 案例 7：新闻类型窄对象收口", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a070b301e7b1e7f61cab5eb52ca802ae3a52b5b87afe6dc8a0be2699fb17c3ce", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d39734404800d6b4e4290ab4de0741d7a7a6df11370b9ddaa3bd07bf66d433b3", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "前序 NEWSLAG / NEWSTYPE 实验反复说明：不能把“回购”“监管”“风险披露”这类宽新闻标签直接当成稳定判断。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e88354b1632f4b989b58325c5d4241f1bf15c8d4bc49e3bafadf75b2922f010", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "真正能沉淀的是更窄的对象：具体事件子类型 + 公告前状态 + 行为链阶段 + 时间窗口 + 对照验证。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c72e1e3a35d07c730929e04b8d09298789b9953f1d66908a951bcff512bea55c", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "### 当前沉淀对象", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f12be2e02b3950bfa8bc6e741be5a01ab2c7292978fa555093a662d3bf2b7725", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "CSRC_INVESTIGATION_NOTICE_IMMEDIATE_NEGATIVE_V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f909a17f884bb3e6460868353d750804e79f02ddb5241ef0ae7fd46fcaef783", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "证监会立案类公告是即时负向风险披露。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a909c17ab738c4bdc76ac314a1490ba5fd9eb2ec89d165f165709405be7dbd1", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "它适合做风险样本卡，不适合扩成所有监管新闻都负向。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d51ebe442495c5a5be6d45422ef96f41f40bd7aa9eabfa0769366e92a0a47ae6", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "BUYBACK_COMPLETED_CHAIN_STRONG_PRE_MANIFESTATION_DELAYED_CONFIRMATION_V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ffeeff06d8090a2cacece480e9aa04116e0adf86f8dfb7b361256dd2ea6b5a0", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "公告前已经强显影的回购完成链，公告更像迟来确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15a0ba6648e25235e940b233cf428e3ced7dc6871f3e11ab7978705ca8c5587b", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "重点不是公告后追涨，而是识别公告前的行为链和提前显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e032595a0558cddd70e511905ec04e49de49b20306e7ca897662c9ce114f9994", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "### 证据路径", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f7c112430e0347d6c1bf33fed6a21e471c042356d70972a2a793bf4b223a587", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "NEWSTYPE3 clean replay", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27bd3c2ad0356bdc59cab605719ffb155ea6380bde69af2f939c23efd2e0c7b6", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "-> CSRC_INVESTIGATION_NOTICE 行级复验成立", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "488e9881163b5c1664abe7c773a993492d1744376f0ea77bbb29c81f41817f3a", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "-> NEWSTYPE6 扩展风险披露被价格覆盖缺口阻断", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a12b405e042999a1c7698f74b1db8527aecd6a8dbb08d7dacc272ead61120c00", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "-> 保留窄对象，不扩宽标签。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "162c9e1e3904b0c86917c0b2cca4a748b31b21325e92c05a8c08c97d43ab369f", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "NEWSLAG5 D60 observable + one-to-one control", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1db4e37253ff74d176105910ad4bc07d5764002385aac0d4b7d64e5795a05672", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "-> BUYBACK_COMPLETED_CHAIN + STRONG_PRE_MANIFESTATION 支持迟来确认", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dec2cdb594408ab324ca60c19a25ca6fb2437ec6d6db5188560776f25ef07ef2", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "-> NEWSLAG6 阻断严格 as-of 行业/市值宽推", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ee66b0b2a08a69dc754b5cfb6464380403ee105b2ecd80d13e310645a235be39", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "-> 保留窄对象，不扩成所有回购/增持。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d340ed10df80ee91f03c5e600dea30641ac6ac62b306bcdf5400259a7d69cab", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "### 数据归档", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c67e30e885f4d71dded596da32ac68da447560b33159bab9b2bfc8e49613a1bb", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "对应归档结果包：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db34aeb6662aadd1abf3f2f33f834415de0424be7b192d03a6b4c2b114087fa6", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "mirror/data/result/darkline_newstype9_to_12_narrow_object_topology_archive_20260515/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53d35f0dc27f52f3e656bf088a8c9b72fb59a63d16fa8bafdc05c4796d731e65", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "该包已把两个对象落到信息拓扑 CSV，并写入 MySQL 的 `darkline_info_v1_*` 表。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16a5517bead409325548234ebc1ad14da5e3a4e164a70fcd71c426bf61e16f42", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2c037b94f5be490ca6978c45e45731c6ba62b54d3567125b6fcb63940c7d6238", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "宽新闻类型只能当候选池；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2490af1ce6967f4bc091b4d6e77971c60054fb5f5212957702ea6157ae7f118e", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "窄对象才适合沉淀；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f9f04e7f18dd9b3c78e5b1217604867a1205e6e9a2d379b09ec3e1ac904bb3d8", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "公告前显影状态必须和新闻类型一起读；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "03f981e3843d43a1fafe130e25c428d1c62e378458b1af896fd0297ec6dd9d30", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "同一类新闻不能统一按 D1/D5/D10 解释；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "497e639f8d48fd72716143e5ddc9c1f31343d03b1cc2eb1945f0019dc430ebe5", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "能归档的不是“新闻类型”，而是“可复验的信息拓扑对象”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "36f4515f554216f0a9c983cd5020f8fb0bd118849c3b6437b70b441d3ae80d96", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "### 当前边界", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "468bee255b5d277adf78b13a370ec8ea5685cd274aad1d65d8823268831d1408", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "不能说所有监管新闻都负向。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d9bf899550696b8e68ee8fc65ac0e208f53002f1d0f5c5d444906b6fd426616", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "不能说所有回购完成都是迟来确认。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1c3c73cf62ea767c07a0347e29a27a2e31c71462eba51a462c42b559cfd441c", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "不能说行业/市值严格中性后已经稳定。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89a2705ce45bd0f584f06e26cdb45c757a237bf66b58c051b292c65f7f528399", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0015_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0015", "raw_excerpt": "不能用这两条直接替代后续暗线行为链验证。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c46243568ede01af53633514974ee419849e12873c0f3b75a4816280e886330a", "source_reasoning_step_id": "DLCASE_LEGACY_0015_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "## 案例 8：审计修复宽标签拆桶", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32de97f34a67e7553714bdd4b0466bbc999d0610ce06d20426110a02305f5812", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 问题", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e39ce0b019c80212ebf2a94aed281850591c88e1cf99d3a8184ca2a31bf7ab69", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "`AUDIT_REMEDIATION_OR_IMPACT_ELIMINATED` 在 2025-04 很强，但跨月稳定性差。这个现象不能直接读成理论失败，也不能硬说对象稳定。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69c3bdd8d936273009a9176ec1ae7fb5f82def09d55af63987b409eb48297558", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "正确追问是：为什么 2025-04 强，为什么其他月份弱。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b49de95f01d06e81a1c51a0dc50ca29b66658af0a48ccb6237870c8934a8e066", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 根因拆分", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f99a8c91e508d35dd01385853fb8542710ed62363130b3fffb6eccfab305cb30", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE105~112 把审计修复宽标签拆成现实含义不同的根因桶：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6c432e8d494660ea3426bc4494004f82a62f4b6563da5abe062501fb5661bbb", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "PURE_RISK_CLEARANCE_REPRICING：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2a2ab8ff13c230a6725ae0cc357205f58a3423fa5a0d7f6549f82836ca0d7fd3", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "纯风险出清/重估。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dd5e15dc9bb81a954d38cd46f96a00df739d97aa89d4d0abd7d3855046dd4182", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "RISK_CLEARANCE_WITH_RESIDUAL_RISK_FOLLOWUP：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a641d32e166f1546d916c37eb3d082e76280e21a6e9ddcc28e02333d326a039f", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "风险出清但后续仍有残余风险跟进。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e081bb13227e7d68ca9a9c821803d0f32ffb137418542f6f48973f53ceff6ad0", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "REPAIR_DISCLOSURE_WITH_NEW_RISK_EXPOSURE：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9853fcfcc8b735b29942629377d3728bb5407f9cb85bfd2151ac0af5ba620b0c", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "修复披露后又暴露新风险。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6aa74833ea592a438ec53427d47e75c7c5c0024047051a3285f37a88df6c2510", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "TECHNICAL_DISCLOSURE_MARKET_BETA_ONLY：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cf4a48133d265d98efd5f3448ef4d928abcfd6fd2ad9ae1db777cb5262daf912", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "技术性披露，更像市场 beta 或公告噪声。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1dbf1667e1b367f1a543a931f67b8057ecb140ef501c258183d3fc0ee97607c2", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "REPAIR_DISCLOSURE_NOT_REWARDED：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "267e25a365bc54ea9815a16116b1eaa39fe8ea39226cfe26dc491b1c85207ddf", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "样本太薄，暂不判断。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "faec62a98a9926d142af629bcbe02d8be1c1657a4b25bf35ba0f7d5554892d2e", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 回放结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2c2a1c0f3a09671885de2754f30d752e2d2ecf0304761b1968247cb52ec19fba", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE113~120 显示，父标签不能用，但根因桶有明显分离：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5f459e00e15a241ca6c2ae25c23addd05540e1edabaf0583b714b3f13c85d566", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "PURE_RISK_CLEARANCE_REPRICING", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55ec462675dcb38291259b2c59ae8f6137dc100495fb3fa7e1194259bc625a02", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "RISK_CLEARANCE_WITH_RESIDUAL_RISK_FOLLOWUP", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32c0bcd1ca70d62f0ce6485d4cf4a56ade4342a66397a68f079994ecd72526b6", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "REPAIR_DISCLOSURE_WITH_NEW_RISK_EXPOSURE", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f766d48eee30e7d6f65129428b7d93cd2899d3a3e241742e8dbede201f20f831", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "TECHNICAL_DISCLOSURE_MARKET_BETA_ONLY", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19454929dcf1eba25ae86efd6ff9064ae523f6c246bfb544953d7cee8947d1bb", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "mirror/data/result/darkline_newstype105_to_112_audit_remediation_root_cause_20260515/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a33ae4b0998252debdacf67ddd190d5e0444628cc02ad20f7771e452bb0b820", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "mirror/data/result/darkline_newstype113_to_120_audit_remediation_bucket_replay_20260515/", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "29d47afaf798a7061b0d77852b516e79aa7815ec894a11eb473939e93b6c1c72", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ff90ba9cd0058bc403549b96e9a27eed15d541109d2d442eef48e868c3f5291", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "新闻不是普通行情标签，不能跨月不稳就直接判失败。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7bfff8bbcf91b8ee82b55ecb048e0d7a08999fc7e58da1e8b541f767480bad25", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "宽新闻标签只能当候选池。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "28e0eddf0bf1b4123e06b3d91c89bdc12abef5b3ce4965e0e5b76f863d7e02fc", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "跨窗口不稳时，先做事理根因拆分。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "069f2e9c275bc3a6ed286f1b9c9b1f577f35717c944cc319b42c1d05acb358ad", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "如果根因桶方向相反，父标签必须废弃或降成候选池。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63bf41e5aee53152074f72af1b36aca6c563d2ba006907599a0f914c0fb0e1eb", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "可沉淀的是根因桶/行为桶，不是宽新闻名称。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac571c552719f6850ed95495ccd40929ca2cbf0a4f6f77e64e071de227d86b5d", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 当前读法", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06105ca1a3d18752ed51c92ce57cf9e949b8f0e1db680841cce1c684e0f60bd9", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "AUDIT_REMEDIATION_OUTCOME_LEAKAGE_CONFIRMED__EX_POST_CASEBOOK_ONLY", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4aa1e73d7f39f2362c3da309e0e1ab064e2e981802644e03b9509dc463c621dd", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "审计修复这条线当前的价值不在于形成一个统一对象，而在于证明“宽标签必须继续拆”的方向是对的。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b84d78c2c75bf3fe36382d71334f6f93a4280896a57dc3dbfb041bcc150977ee", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 纠偏记录", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "da7b6612c04ca68518e24c914b055e68a1ca73d1791c3aeecd0380082f42ff64", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE137~144 已确认：前面的根因桶使用了 `D60` 收益、超额收益和后续行为字段分桶，存在 outcome leakage。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9e30f693f919dbc14bed1fc5274edaa5ae01e48d4888e1e2b9b0901a898efc9", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE105~136 只能作为事后解释 casebook。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "83271247dc5a46f851543c83ddcb28371b8f6b2d0f11c3eb96b3b69a8527fcb7", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "不能说 PURE_RISK_CLEARANCE_REPRICING 是 T 日可见规则。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a3be360a1cbdc85e00a20d59fc70c0c3752760ac7f85b79fae711e060fbfbf8", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "不能把桶级对象清单当成可消费对象。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cedef038804a6a10e1b944201b5c4d36c0d012e3a7f7f8cfb52f8f5cf07e625b", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "如果要继续，必须只用公告标题、正文、事件阶段、主体层级等当时可见字段重建桶。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "802d4a9910e6b3bd7858b1ff551376c3dffe65a3e520bc2a49f676d41bfa10be", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### as-of 重建结果", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2441f3b99c5c85048ef25a4f0b15b4ee2aca01e0a351b34283da8dbdd0d9713", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE145~152 用当时可见字段重建审计修复语义桶，确认旧桶虽然不能用，但这条线不用直接封死。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1fe3b02f7f46cf6b42390d5b0ed2df5bcb086465647c08d051e69c2bd8e2afc7", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "当前只保留两个小候选：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "213446cef77b29575c1aa05a863b3649f2a305831f34cdbe7c8d7ed6d1e7f84d", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "ASOF_BOARD_EXPLANATION_NONSTANDARD", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4be8c74626afcb279cbc40688e37d40ff4390a4947f9ff8f905169a30d2637d5", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "ASOF_IMPACT_ELIMINATED_FINANCIAL_AUDIT", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e87dc6cbb5550299a9aa931cd3b2455685ac623bff5d977005ad10d5ca498f6a", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "这两个候选都只有 `5` 行级别。它们的意义是“值得继续查”，不是“已经可用”。下一步只能做原文复核、同月/同行业/同市值/同审计风险阶段强对照、错日期对照。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32ef71ba32e6bd6db56bb5271a13f92e8031d1acce39b8967e29196193c6287f", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 强对照与敏感性复核", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f4e1700bf61aee4d4674113eb472c723f0f5c4ad45a91cd59e8c33ff4f78204f", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE153~160 对两个小候选做了一对一相似对照：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e5983d7a734bd48aece3cbdac4e72c4a239afa25db6237025d99ba2676b6ea1", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "ASOF_BOARD_EXPLANATION_NONSTANDARD：D60 相对对照 +52.76pct，继续追。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "564f3886ba47a0f8875fcbb2be64bd32fe9355255ddb37c172559fa31173843f", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "ASOF_IMPACT_ELIMINATED_FINANCIAL_AUDIT：D60 相对对照 -9.76pct，暂停。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dc905db6ff78348668b629b262ba223b3378174f8c6a8f05a65355e8eab041cc", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE161~168 继续查董事会说明桶是否被单个强样本撑起来：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0e8cbe772550e4d8aec7e8fd9edbb8b644e854d329a1cedc3cc2f4ed93765138", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "full D60 pair gap mean = +52.76pct", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7c398baa2ee0ad953d84ba70c62307c135e21a88a5efbb4c63675a4dce1669e", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "leave-top D60 pair gap mean = +16.74pct", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "12877592dbb9c26bb7e72ceb19a36f73b8f303b5f9ef9fee6a58a971d4554562", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "结论：这个小桶不是完全靠单个强票撑出来，但现在只有标题级证据，缺原始公告 URL/PDF/正文路径。下一步必须补原文证据链，否则只能停在候选。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58bafdaed44251e2d0ea1ac4f4890a87b63de8094cb2fba8618dab1f57d32e10", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "### 候选选择纠偏", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b395ffecb07dfb73c5293c2f944f7206e98def95e5f5d709cef42e6a91d1feba", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "NEWSTYPE169~176 重新分账：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "faae5839e7ea14699e9d2915c72200276f533d578cb04636521e1d9ea527f53c", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "bucket_assignment_future_free_flag = 1", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8227f2446ebefda85f673cf5678d440404385864e87c0165b4df30d4a841918b", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "candidate_selection_uses_future_outcome_flag = 1", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71f54d1cadcf37eed356f4dd2402d3ca7f8cc71675a868bda85bad8bbaff73e0", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "分桶是用当时可见字段做的；但挑出这两个桶，是看了事后 D60 表现才挑出来的。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a14e9ccd53721b22724d31133f25549d88b1ed4b0869ff017bc24ae9f69fda4d", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "所以本案例当前只能读成：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "79ea199fb6c039c356deae31318b87477b1f788c0e70d9d1780564c985ceec5c", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0060", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "ASOF_BUCKET_ASSIGNMENT_CLEAN__CANDIDATE_SELECTION_EXPOST_VALIDATION_ONLY", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3bbddfdea712c35ac9db661f65db9c0f4a9854537ae5c56f724b673b299f42d4", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0060", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0016_EVID_0061", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0016", "raw_excerpt": "案例结论要降一档：董事会说明桶值得继续追，但还不是当时点可识别规则。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc8636527f0710da8797c05bb89dc95d6ea391fcfaf83f5c0a2da380a02cf33b", "source_reasoning_step_id": "DLCASE_LEGACY_0016_STEP_0061", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "## 案例：非标审计事项影响消除的年报季修复链", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ace78d2fefc2340087d4a8f58238d3f3928d82da5251b1fc3aa77a69e5fc688", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f12950933546bdf26854624ec7b0ad1236a0ac3a9cc85c681722c79f8db63b93", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "2025 年报季，一批公司集中披露“非标准审计意见涉及事项影响已消除”“董事会/监事会专项说明”“会计师审核报告”等公告。事件集中在年报披露窗口，且部分股票在公告后 D10/D20 出现修复显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8abcabbc797b8fc9855084a26f538220c392a30ac643a068b7f82ea9751e70f7", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### A：反推的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "40ccf21b7ee657c92c7a9fbb7bbc76f7a0b20d98c32647ff5ab4455bfc686430", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "这些公告背后的意图不是“公司生产力增强”，而是“公司、审计机构、监管披露链条在推动历史风险事项出清，降低资本市场不确定性”。所以它属于 L3 公司风险出清/修复暗线，不是宽新闻利好。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48dd03dc958fc185435c789298b3be9d604d47cf4ae8ba9afcfa5b8dc9fd7826", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### M：B/C 之前应该存在的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a9ce22e720db842cc03b1a324b5d11473ff9583fa3bc07a7052a2fb809b2f42", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "如果 A 成立，公告前应存在非标审计、保留意见、强调事项、内控非标、风险警示等历史问题。NEWSTYPE425~432 和 433~440 已找到多数样本的前置非标问题证据。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "85c720065666dc481991fda84e5b1b1a1ae247fda7c1718d7dd0b203024ff612", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### N/L：B/C 之后应该发生的后续", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6b4589ca67ac939edb7ab7c1ce6d2055d466f9154835d64d7617c71ce8fb2d95", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "如果风险出清继续推进，后续可能出现撤销风险警示、下一年度审计修复、风险状态改善；如果出清不彻底，也可能出现继续非标、继续风险警示。NEWSTYPE449~456 把后续拆成修复确认、风险延续、仍未闭合三类。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88c89aa197c27adf5c06a06290cf04f69eb8b4124ab3df854f7119fc69e9ec87", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1459ed7297fb006b6ab1571300b6fbe82b478d069fa21776fece7cea75a82dca", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "输出层级是 L3 公司 K 线修复显影，暂不接局实体/局之门。NEWSTYPE457~464 显示，K 线修复可以先于现实后续闭合发生，后续闭合状态不能作为 T 日输入，只能作为验证标签。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd72c71e8c823c42ced1fa9a4f1fff392e8b116c3291ee4add45dda7e85fbb00", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "974166f539d06ab8046a13980ffcdd78f0c55cdf34dde2b7c0a5bf67538e9b02", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "本案例可归档为：NONSTANDARD_AUDIT_ISSUE_CLEARANCE_ANNUAL_REPORT_SEASON_V0_2。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ceb821dc2e4556d7545294c728db10857635d561b8400451781ca74c7cb97380", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "它是年报季风险出清 casebook，不是全年通用新闻规律；它说明新闻背后的风险出清意图有市场显影，但还需要分清正向修复链和风险延续链。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eee8175f9bce066c6d21aa5f181af553916ebb822940d1a439026817c5b5c5ab", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "056cfd845a6ccbcd8ab73be1b3cec8e87c2e8fa3e081940da1bf9775c7f86a02", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "- 新闻不是结论，暗线意图才是主线。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1dd1cea635af2a38ea38b25372dc9e2311bdc9424fec315d8f178de4d47a0ec6", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "- 关键节点比新闻数量重要。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6d3dd0725c9680477b42e453fbd67833237f66e17d6a4763ef368e975e7dcd6", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "- 现实后续闭合是验证节点，不是 T 日可见输入。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8315e39fa9e2aba178808826378eb53f0d1f01d8c97e0d638b592d234298ad9b", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "- 股市可能先交易风险出清预期，公开闭合可以滞后。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce818521545014d4949f8c749e8e85df2a1c8f07fb57afb6e071d592eb77f727", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0017_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0017", "raw_excerpt": "- 同一父对象下必须拆正向修复链和风险延续链，不能混成一个宽利好标签。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "54e020eda9fc089242bb1c69cd699ea6456ceff6c842e8eff6827e3471f67eef", "source_reasoning_step_id": "DLCASE_LEGACY_0017_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "## 案例：平潭发展负面诉讼公告不跌反涨", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "818c95232db6109d2eced9fe854d07139dda834eb9d6924dbeefc563b2e392c9", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eaee2752981dface1bf60843cf007d9a5c9eeab63b6c7ed6df3afb53a8125dab", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "2025-10-16，平潭发展披露《关于公司提起诉讼的进展公告》。公告显示，公司向子公司追讨借款本金 379,520,000 元及利息，但法院因未发现可执行财产，裁定终结本次执行程序。表面读法偏负面或不确定。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "98f189a037336b322e691647aeaed461c7da8235e1777d9d18ae469822a7139b", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### A：反推的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26eba119f5e016aea1a60e0112eaa90e4df836748075ee9ce8b00acde7e2c982", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "这条公告本身不是上涨原因。反推暗线应落到更高层：市场在交易平潭、海峡西岸、两岸融合、福建本地题材风；公司诉讼负面只是同一时间出现的叶子，被上层区域/政策风覆盖。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "51f81863da179033fe2a78142e849e7bd1cb514d9d6da4ac8eafe8e91d10ffd4", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### M：B/C 之前应该存在的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af882b74cbec25b7b8be3fea418c937ce9b1244acba3ddf6522da14f4c812db9", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "如果 A 成立，应存在长期政策根节点和题材承载地。已找到的关键节点包括：2023 年中央支持福建探索两岸融合发展新路、建设两岸融合发展示范区；平潭是对台开放和两岸往来的重要承载地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7de2308f8aeb07f95d8a17fbce6fc0492114ff955fcab7825dbc2ba64f422eb8", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### N/L：B/C 之后应该发生的后续", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04292f1a884a270cdceb0cc8e101e549a0b26a3f775bc89918c86529c6b5063d", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "如果 A 成立，后续不应只有平潭发展一只票上涨，而应出现海峡西岸、福建本地、平潭概念相关股票共同显影；同时公司基本面应难以解释涨幅，后续会出现风险提示、监管监控或媒体题材归因。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d4b6956dac0fc42b682bef4aa8060da0707ddf062b8b950e88e684585e27087", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3735c60f3855596188540c4b32a4f6afa07c9d6086fec45bbe73e88026e5937d", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "本地 K 线回放显示，平潭发展公告后 D1 +10.09%，D5 +22.55%，D10 +91.10%，D20 +193.47%。同期香港创新、福建水泥、达华智能、厦门港务等海峡西岸相关股票也明显上涨。媒体后续报道平潭发展 2025-10-17 至 2025-11-17 累计涨幅 255.19%，公司回应生产经营正常、基本面未发生重大改变，深交所将其列为近期重点监控证券。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "609d5c6146c792fe86f589d9906c086fff8b6cc82e5b33fcacb8bd27a30c2691", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "进一步复核公告日前后 K 线：公告前 20 个交易日到公告日只上涨约 1.51%，公告前 5 个交易日到公告日下跌约 3.44%；公告当天 2025-10-16 股价下跌约 4.53%，但公告后第一个交易日 2025-10-17 涨停，成交额约为前 20 日均值的 2.58 倍。这说明它不是公告前已经涨完，也不是公告本身利好，而更像旧风险落地/洗盘后，被上层题材风点火。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3811210bf0caf7c5308b4c92adcd722825a8d1d76ae5a72e89f4dac3de1be2d6", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "23fb976ecb6f279a52b1f6d66acac12cca94db0db61624c95422575cee578c41", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "这是一个高价值反常识案例：表面公司负面公告不跌反涨，说明真正主导 K 线的是上层区域/政策/题材风，不是公告本身。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e9d0eaf0511bf8989abaab7a2a8a15b52507342140f4e8b016a97ac1eccb181", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b811acf3606658ebf771ab5d4c012406385d381c0a318fa04f4e30478baf18f8", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 负面新闻不跌时，不能只看单票事件，要先问是否有上层风覆盖。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d4b7b5f35944e2faa56d2a5bae1bf803a7cea262e5370defe1db76acba5eeb3e", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 高层风会改写低层叶子的新闻读法，单票利空可能被区域/政策/题材风吞掉。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "91178b6a30d95648c30806c09ee1bc133e3e2758625e4592964d02bcea2586c8", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 公告当天先跌、次日放量涨停时，要优先检查“旧风险落地 + 上层风点火”的组合，而不是把公告简单读成利好或巧合。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "496454f8da2b604063d3409cb3f335aaa732d01da1ea2b610963e2d3260b7fcc", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 新闻不是原因本身，新闻与 K 线背后可能共同指向更高层暗线。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19b7f9ff95ea7ec4192afd140b8a8e626fca8b039df1bebd3c717b4abb5fc1fc", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 讲故事必须沿 `B/C -> A -> M -> N/L -> 市场输出 -> 实际结果 -> 总结` 展开。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c22c704c0bf8349faf82beb9f89dcaaa6cad7b1338c7260ced809d336c8d9d82", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "### 证据路径", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ad49be3be168802a6a80bb63b57f078fe20d1b5152064b9f054129ad7e00c92", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 结果包：`mirror/data/result/darkline_fjhvdark0_to_7_single_high_value_story_scan_20260516`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1fab5a2735c2cfee07ac207661b706436e5b48e5a4c69b00b61d22efe56027a5", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 完整故事：`mirror/data/result/darkline_fjhvdark0_to_7_single_high_value_story_scan_20260516/hvdark9_complete_story.md`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bfd4d03da193ebcc081f8400ee5d7c5b02d44c48b55e24de73453a945f1a4864", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0018_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0018", "raw_excerpt": "- 上层风证据表：`mirror/data/result/darkline_fjhvdark0_to_7_single_high_value_story_scan_20260516/hvdark8_upper_wind_evidence_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9fb94f376b234be18d040b0dcf74ecb078b241110813a3c9d2a1d02a1b2d7109", "source_reasoning_step_id": "DLCASE_LEGACY_0018_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "## 案例：航天发展业绩补偿诉讼公告被商业航天风覆盖", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "167eb7bfd4e2d801a6277cb9306f594f38a921b18662fcc1ee9a47620b4df5eb", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68abfadad91678d25dcf357ce57f36257a91f7d3d6d42f2faa39730ac227059d", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "2025-11-11，航天发展披露《关于子公司业绩承诺补偿涉及诉讼事项进展的公告》。公告显示，涉案金额 `11,694.12 万元`，二审裁定撤销一审判决并发回重审，诉讼最终结果和利润影响仍不确定。表面读法偏负面。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "659a60293e7abfa61711bdfffba5e7d2e80c8970b4b034d2cfc807577fd153fa", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### A：反推的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d3cde18ca1218e551f586f93c425028c6444cbc31a3387a5c0342862e2d76bf", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "这条公告本身不是上涨原因。反推暗线更可能是：市场在交易商业航天、军工信息化、航天央企平台这条上层风。航天发展作为航天科工体系下的上市平台，是这阵风中辨识度较高的叶子。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "283d4232738803bf885b555cfbf92e4daaaefdc7de502eb0a9af138c6ae6da57", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### M：B/C 之前或附近应该存在的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "33e97778d2c64613c3f08e97c777c1b5671eafcadeab641ad9f991f810f1d80d", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "如果 A 成立，附近应该有商业航天政策或产业预期抬升。已找到关键节点：国家航天局 2025-11-18 印发《推进商业航天高质量安全发展行动计划（2025—2027年）》，2025-11-25 公开发布，明确将商业航天纳入国家航天发展总体布局。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "749f95b1f284d73179fe9724d135149e698a55697a0c1e87ba20ce316797bc8d", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### N/L：B/C 之后应该发生的后续", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35fcf059c43b86aa0d4715aecd9b46e45cc94760463bc5198fec9a8f7ad4bb12", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "如果 A 成立，后续应看到航天发展之外的商业航天、卫星互联网、军工信息化、卫星导航相关股票一起显影；公司自身也应解释不了涨幅，只能提示无重大未披露事项。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01375320332018bb11f686155208bf573ee7372b904b9c5f42a22133c81dbafc", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "304df06abb0a9a66af7ac1b45641ee464f3c4dd7f223789ad76a2d5700fa4038", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "本地 K 线显示，航天发展公告后 D5 `+34.47%`，D10 `+66.47%`，D20 `+161.28%`。2025-11-14 到 2025-12-05，同池商业航天/军工相关股票多只上涨。2025-11-24 媒体报道商业航天、卫星互联网、军工信息化、卫星导航等概念集体暴涨。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3606e05423b27f5dd3a68547074492796cb6a0737b60aa94a34987e202d297be", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eabc5b43ea427a07511a343015a85da15e94c9aaf734a6883bcf118b486f1470", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "这是第二条反常识暗线样本：低层公司诉讼公告偏负面，但上层商业航天/军工政策风覆盖了低层负面。更关键的是，航天发展 11 月 14 日先涨，国家航天局行动计划 11 月 18 日签发、11 月 25 日公开，说明市场可能在正式公开前后交易政策预期。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e784e2174fd6e01f46c6a71f4f5f8f0db56651b75304b232430da7fdc1db8c5b", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 方法论回归", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "79d5547813a1642f2bb69bf4ce414eaec54ba72722de90f65b3c773749f8d5d4", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 公司负面公告不跌或后续大涨时，要优先检查是否有上层产业/政策风覆盖。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5dd193c7a39b3330cc2e779fd13bda38928913b7460cc2cef65d182d59ac79f7", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 上层政策风公开前，市场可能先通过核心叶子显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df3dda843fdf9879a25bcb150f7d3cad99e8e00a85960975f0e68ba517311dd5", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 公司异动公告说基本面无重大变化时，不等于行情无原因，而是说明原因不在公司低层事件里。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7aa44eb8feb46abe7ff14cae9c7d5081f4e3aabcc81e7a0c20121322b47c56eb", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 商业航天案例和前一条平潭案例共同说明：反常识行情最有价值的方向通常不是解释公告本身，而是寻找公告上方的风。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b58173fca70abf8f477fae8b2f8cc3c7e7f41e44ba591c8acacfc3d96e54d622", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 证据路径", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "40cb96b7a838a746732c01d2d053f9078a2d1aee1275487a5edd8ab4d42673ee", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 结果包：`mirror/data/result/darkline_fjhvdark12_to_19_second_high_value_story_20260516`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2322968e0cc0a34b8d91a415ec2d7f3e6e525884a6ff3a0f94841b218c8494c", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 完整故事：`mirror/data/result/darkline_fjhvdark12_to_19_second_high_value_story_20260516/hvdark16_complete_story.md`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7e5172d789cd790bb5773da8ae1127592ce1a8c9ccd8877f8246e2055f45f68", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 上层风证据表：`mirror/data/result/darkline_fjhvdark12_to_19_second_high_value_story_20260516/hvdark15_upper_wind_evidence_table.csv`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "36a1259e3e38746a5649a06bc39afc3fcf4af73a0432f1ae1536f9fc940c0261", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 追加补证：航天发展为什么 2025-11-14 提前点火", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a30473962a21309a9a453831ddfcb5ae589558a28e764a96c4d27fa4151bba57", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "上一版故事还有一个关键问题没有问透：国家航天局商业航天行动计划是 2025-11-18 印发、2025-11-25 公开，为什么航天发展 2025-11-14 就涨停？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6799b6b650ba120df8162dda1392184e07c451cfd62203c2d1f398ca8b59dcf1", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "补证后，当前解释是：11 月 14 日不是凭空点火，而是商业航天上层风已经提前预热。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7145d717b5374e7bc4335fd08a0d6e6ce5d01b3ffe3c74ccc3154e48efdb4ee7", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 2025-11-09 到 2025-11-10，商业航天领域两天内完成 4 次运载火箭发射任务，低轨卫星组网和商业发射密度上升。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b1e1941e8ef14f7fa10c50663de4c2893d8fe410e4734212b254e061936502c", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 2025-11-13，商业航天板块已再度拉升，上海沪工涨停，航天智装涨超 10%，航天环宇、上海港湾、航天软件跟涨。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d532f5808915d6ff97e2a1bc50e5636e83a438262ad161ac01a0b3410f670789", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 2025-11-14 到 2025-11-16 高交会期间，航天科技集团将全球首发中国太空游项目，形成传播节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24b27cd8a11985d0293432051448c86daad03ec9c6cd75347dc7d7a305d0fdf6", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 2025-11-14 航天发展涨停，成交额约为前 5 个交易日均值的 6.01 倍。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a1af16e620918a56d9384a054fbaf23c1aa62043f2378b4674633ff2327cc112", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 2025-11-18/25 国家航天局商业航天行动计划是后确认节点，说明上层风并非不存在，而是市场可能先交易了预期。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0182b5a0ef4d78f17b94305948b9697351510188d35d301d5f953ecb05ab74e1", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "为什么是航天发展：", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a5ed6c7dab8904a054856e3907108c55e8b1b850f976ae09d6125c150d73c661", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 它有天目一号商业卫星项目，能接商业航天风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de445d7157336b154d2f55a4c3a9acd22d44c4e385b4f48605ae9683ad1e8262", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 它是航天科工体系下军工央企平台，能接军工央企/政策风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f93cf72a974ec61b1b6e521c54485eccb0f48bb1118a331a1379901ee6b382cd", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 它有军工信息化、无人机、新一代通信与指控装备标签，能接军工信息化风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f04c621b88eb3a8db7aeeb438aeec0adb83fae2184f31c1e85d3d381b5a2949", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 它位于福州，又带福建/两岸概念，和区域题材风有交叉。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4c5f463f282ea2dacc306b36cbd2aed3fb6a641e69b844138c71ceec35d7d210", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 它三季度营收增长、亏损收窄，给资金一个边际修复理由。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cbdaf325e7e3577eefbd5b8b677358c4f6d8b7cec1c2ebaffb62ae38c2ce806d", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "这次补证验证的方法论条目：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8772a319f3b2355bf4344a44338bcb38a4803d846d6e1ee83077e2610e01f453", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 低层负面新闻不跌时，要先看上层风是否覆盖。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ac2fd299997c50087055cad8f45d3c33f8cd8fed98d7aae2fc681cd3f0fed5d", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 上层政策风公开前，市场可能先通过核心叶子显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "887e9899190a72e40fb050c9b7160576140689d627b6c38d19e67d9f05e2812a", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 追暗线不能停在“有上层风”，还要继续问为什么是这个时间、为什么是这个主体。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "08452f7a67840b86e9d0ba592218e451cb8d92b520424d4a14fe1c66c9a28ec1", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 政策正式公开有时是后确认节点，不一定是市场最早起点。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60f26905e70133acc83a8d3fa0ffc757ef111e8c4a2d581a0ca056d45c3a31f2", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "`mirror/data/result/darkline_fjhvdark20_to_27_000547_preignite_rootwhy_20260516`", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5d2669f7d4e6bc6ae0a40cd2c379937115abefc2c285d20fbfe03a8119ef840", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 追加补证：11/14 前直接信号源审计", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1322b485e5eeedf9e70225b302e2cd4ff91fe91b5b94bb60dfadcef2104d6d99", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "进一步追查后，航天发展案例补成了一个更清晰的 B 级闭环：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0be68144889ab949ac223a9d59e82aac2f90c4f40f827f12b0058a48a2f5a2b4", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "11/07 商业航天因中国太空游项目将于高交会全球首发而预热", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4977e799c304b4e80cfaeba605342e328ba6baa246b21f9d4b9307d67fabdd01", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "-> 11/12 商业航天尾盘再度异动", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d423fe42eaecc76f76a62c0aa370bdadcf181e67337b73895399352bb995144d", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "-> 11/14 航天发展涨停，龙虎榜净买入 2.79 亿", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4bc352c27e009bc0e2ebd58abedd7d80f8f5ea7555c859b9f651ca986d272865", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "-> 11/21 航天天目引入战投公告补出天目一号承载", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1677c207d30dc659f3dc6a39a1b1fac44ae6e2f00c71985be8eab9bbe76c664", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "-> 11/25 国家航天局商业航天行动计划公开，确认上层风", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f516f8b8a15fce59b076b80b540ba0ebfcfdd2070c9832fdb924871842eeaa3", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 11/14 不是凭空点火，11/07 和 11/12 已经有商业航天预热。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e7ae7b246bc7c4c6d74d8b3a8dfd1c29deb1aa426cdd8be100f96869d2f594c", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 航天发展被选中，和天目一号、航天天目、航天科工体系、军工信息化、福建/两岸概念、业绩边际修复有关。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ba5f7920ae0a5fc698f9f77d9d522e86260733951e991792948cee8df2a2b80", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 11/25 的国家航天局行动计划是后确认节点，不能当作 11/14 当天输入，但能反证上层风真实存在。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c84fc2bdeb33c943cc13704606d242616bc016100fa0d411624a0350d5dcf1f4", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "- 当前仍缺 11/14 前直接点名航天发展/天目一号的传播源，所以不能称 A 级完全闭环。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ad9bdc3f49ce658bbd657ea1dbcf60d4f149846cc9b66e125429d97716f9b36f", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "`mirror/data/result/darkline_fjhvdark28_to_35_000547_direct_signal_source_audit_20260516`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "562f1a0acdbf610446b4e964ac1a1d9f11f5962251fb32f39c03adab023c3d69", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "### 案例启发：股市线如何优化", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "965e1afcd80c068e694e7595a85e381d9ea7a1885efdf14d5f31188d8b08f593", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "这次案例沉淀出四条可复用经验：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a86ff05c010cb7f793a035e6ed8b351a991c2b96bd8713467436069201e1426e", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "1. 利空不跌时，优先查上层风。航天发展低层诉讼利空没有主导 K 线，真正主导的是商业航天、航天强国、中美航天竞争、军工信息化等上层风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "916030fe52fc4e10f90eece95afed8441e5c55a256dd3ae7dc27d74a4e40a155", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "2. 新闻可能是后确认节点。11/25 商业航天行动计划公开不是 11/14 涨停的当日输入，但能反证上层风真实存在；11/07、11/12 的板块预热更接近提前显影。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "915e62f21b5a83b80e8eefb4b973ceeb68ce532fa11d65bcf79643d6e2d2c846", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "3. 选股要看受风承载，不只看概念归属。航天发展同时承接航天科工央企平台、天目一号/航天天目、军工信息化、福建/两岸、业绩边际修复，所以更容易成为高弹性叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c467ca6e345d77f71ca4e11fb7f4e68fbd80b78a26fa512926a3418eba029766", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0060", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "4. A 级闭环需要直接传播节点。当前能解释为什么涨，但还没找到 11/14 前直接点名航天发展/天目一号的互动、调研、纪要、会议、资金席位路径。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6a5171a0ba94364d770b05015bd5bc15883bae1d665b44b977c0e520721015ad", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0060", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0061", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "因此，本案例当前定级为 B+：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "08849488732645f5d23db29dfda0ae389021c9b7c8cd084684970cfc74215b6b", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0061", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0062", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "选中航天发展的逻辑成立；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4c1524e202826efabe891214d51e6b9ff23c57d1430f30a65851ab1fabbd0442", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0062", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0063", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "直接传播源未锁定。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "031b9c793c65ecadeb274354023f002480e958d285b13844d8cb33ed9a46fa78", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0063", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0064", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "方法论归档位置：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1a9154fe3b46ee67deab0fc2d8451f6f7748c399fd9fd4de65e2aba4638c5d10", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0064", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0019_EVID_0065", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0019", "raw_excerpt": "`mirror/方法论/信息分析方法论.md` 的 `2.7.0.2 反常识行情检查流程`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "042978545b0d0e405e7bcd59d13b193f328b1356aae337fbcf724ddd6812e2b0", "source_reasoning_step_id": "DLCASE_LEGACY_0019_STEP_0065", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "## 案例：000609.SZ 中迪投资诉讼公告后反常识上涨", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d710c24a635c37f035a4ea264822e1df0729ff4d28a8d225aa858b159debf792", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "561520ae06905f30475bfd637c5ea4ea0dd36eb6978654afe7938c501be79987", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。它不是用来证明“诉讼公告利好”，而是用来验证：负面公告可能只是风险叶子，真正驱动 K 线的可能是更深一层的资金暗线、困境资产预期或壳资源博弈。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "59ba85d0e31ecbb3e228f5d2fc0077648d815bd79b7e1c86efa99ab081e6ffb1", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "156bf18c2eb9350bb3ff8d671129f145af8089bda355034941802f6cc1f5abd1", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2025-10-21，ST 中迪发布《中迪投资关于公司对外担保涉及诉讼事项的进展公告》。公告表面偏负面：公司是被告，案件处于审理阶段，涉案金额为 1,202.51 万元利息，对本期或期后利润影响仍存在不确定性。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66ae0dcedb57d14b1cef10a67e1e0a479cbde1890a6545dfc8725586efcca587", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "但股价没有按利空走。10 月 21 日收盘 4.90，此后一路抬升，11 月下旬已经到 12 元以上。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "51de651727ce960bedba597a87593c3d1e19a4453a948ec6efcd3f817005c59c", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "56279b62384b720cfed805f86ff8f4bd78d7dbc63e2f2578c840b8484c23b589", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "当前 A 假设不是“诉讼利空变利好”，而是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c85e3413d798c78b312d613505aeef486f75b26eaf2bac7118c469e0566fd79d", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "市场交易的不是 10/21 诉讼公告本身，而是 ST 困境资产 / 风险落地 / 壳资源预期 / 资金博弈。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8b9ac0d6a5cda1c8b6f3fed0bdd2e6bd96acb8ef686eff38a4811e86661a7bae", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "也就是说，诉讼公告只是叶子，不是根。真正的问题是：为什么市场愿意忽略这条利空？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f24c5175e83f54db7d97ba66ff98b54dc2b271ee56b4fd252316538b9b5d23a", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### M：前置关键节点", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5901ada3218a6d656200b5109df929c1768e1c87cbffa7aa2f877fef4cd1243e", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "已补到的前置节点：", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abdf271fa409f8279803564483a34192ec7668dea835011b0aec28eeb547fc61", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-04-23：非标准无保留审计意见专项说明，持续经营不确定性已经存在。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af00a7a325746edb8f03506137ac098072e32526b5c5308fddb8ec2ed3556bbd", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-06-18：全资子公司诉讼事项公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3463fabdaec7d02a3becba6fe6966d6b960e6bd99fb14239b852b457edd8e9a1", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-07-04、2025-07-17：全资子公司诉讼进入执行阶段，涉案金额约 4.74 亿元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60c551bbf8d523a985ac3436edc49a8d46dbdc360ff3b0d7591eb3da97233658", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-09-19：对外担保涉及诉讼事项公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b21f6cc3bdc8f446e432bf3223ebb58f26832d2ececd408fe896b9aedd9efd2", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "所以 10/21 不是突然新增大雷，而是一串已知风险链上的进展节点。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d8e2871996b09574cb7b0446926b6672236644549343d852c81be53556c784c", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### N/L：后续关键节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aeeeba1221e1ee884eff046904186bf5e1ae59618ea1eeda939200a847039e7c", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-11-03：同一担保诉讼进入一审判决。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a06e2186777c0c69138b1b2df840d44bab18de9bdad147e8b167627dd8193428", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-11-28：全资子公司诉讼继续进入执行相关进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8242d5c439aa59b948e9efc4602999a9d5d1896e0e5e9d3e831b333cbba8a186", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-12-09：担保诉讼进入执行阶段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9832ccaf20f5c29f326ae9d913893ce9f70cd64e87381055cf0168cd41f1d152", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2026-01-30：2025 年业绩预告继续偏弱，预计净利润亏损，期末净资产可能为负。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4924ebbd610804d33eb3d5b7b9eba0efbdc60dc0af071d2bf81b08f21bcd9eef", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "这些后续节点说明基本面没有变强，因此更支持“资金博弈/风险落地/壳资源预期”，而不是生产力改善。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb3d2077f575c52b0a50bb9dca2a8db58a87f2afdfea3313cd9624d64923e651", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5405e14287834afecb085eee91193c050f4f73ab69cb479c5eea117cbbf359ac", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "L3 单票 K线故事", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd0ebc23e54ce1ac3c14e3a78fc5f00ddfc8dff1e799fdf42daad69b68d22837", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "暂不升风格体，也不接局和门。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de978aeed2da47eb67fd53bb642c822480093d4a95824fe28186299f0467ae29", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04f3275541b07c88148c1bac07fcf8a1e117b560703c9f789cb9047a210d1995", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 2025-10-20 至 2025-11-21 是否有交易异常、龙虎榜、监管关注。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "399776f0ad865a0ad7b8caf562791348846fded25adceb84a034f872b89e0814", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 是否有保壳、重整、债务化解、控制权变化、资产处置线索。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "805e50c206076cd11b91c58018a506d356a8919cec43d8472eec5471c86a72e5", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 同期 ST / 地产困境股是否有共同风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19d31109dbd24fd63526fde9c923c774513d3d90d1e6c95bbc591abe7c1de9b1", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 11 月放量节点对应的现实事件是什么。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cee0bc464f67f097ca61c3a3f1c7674488af18b3373c312a6c959137dc764170", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### 案例启发", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "acfe84ed79285f3dbbf2b3d7d2f9faad3a0b00fb2d9dba85309fa2a450aac1d9", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "1. 负面公告后上涨，不等于负面公告是上涨原因。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb392a5b9609b51f1adabfda195d41270d4ed3fbb1605dce3b3a4468ae3ab6ff", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2. 先判断新闻是起点、确认、兑现、掩护，还是迟来的风险披露。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "64e3303ac5d64879e409797e442b49d6b4c70c4a93a73ebb74e472e49a99646f", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "3. ST 困境股要特别小心，K 线可能更多受壳资源、保壳、资金博弈、风险落地影响。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "39140afb5d9eacdb546bb676b811537969997c34102d1fff5297905d455c5b8f", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "4. 如果后续基本面继续变差，但股价之前大涨，说明市场交易的不是生产力增强，而是另一条资金/预期暗线。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e091ff40393e2bbe5c854f9eb7b72419e9445365f2928452aa0203a8c11f636", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "`mirror/data/result/darkline_hvstory8_to_15_000609_story_tracking_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18160eec53c1a082a2753cc8946724b6eaeacb2434e80d2a9f242ace77bbbade", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "### 追加补证：000609.SZ 控制权变化补丁 V1", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "321697ca4a601efb3e5340b176cd8ea4e7e32b9d784c73a3e0b49e66d6b19350", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "V0 的问题是：它能说明 10/21 诉讼公告不是上涨根因，但还没有把更高一层枝干抓实。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "45e4e5cb0cb0c62b3622a71ca3b4f20a855a833b5fa0bace2db691cda1b28c49", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "V1 补到了关键节点：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8b7042b4b6cdc4fb467b3f0197a63ad51c350f2dc02b894b665f3bc67c7e6fc7", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2025-10-10：控股股东所持 7114.48 万股将被第二次司法拍卖，占总股本 23.77%。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7490b251248a3507c2e538dd5f54198ff541a70d6b2e5fa436a467e2c0952eb5", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2025-10-17：深圳天微投资合伙企业竞得这批股份。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "856d459b146b73f0202c38fcbf7dc7a8e0427fdde099b58d4f15f651aa0e5f86", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2025-10-18：公司披露竞价成功确认书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9bd4c9cc16efdc75feabd12de1b02dac46f9c021cabe3ad9bb61f4c0daa64059", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2025-11-07：公司异动公告确认股份过户完成，控制权已发生变更。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df95e988573a425df3a8b4e85bbeba4648065994de622febebcd27a88df53933", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "这些节点来自 2025-11-07 异动公告原文。该公告还写明：2025-10-16 至 2025-11-07 股价累计涨幅超过 118.68%，期间出现六次异常波动。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07e4fc01d96b4f993cbc127e553e3db4d683b0af1895d663496d965f3c313fa1", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "所以故事更新为：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5dce707f7406d931920f29678dd334eee4af0bcc256b998f1f6f3872fbb92bfc", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "B/C：10/21 诉讼进展公告，表面是利空，但股价继续大涨。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "122817b9dea3a2daf7f11c5466324ee19552c58c29750999b27e38fac0c16580", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "A：市场交易的不是诉讼，而是 ST 困境资产控制权变化、壳资源预期和短线资金博弈。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3340f719adeae5d9787643ada99bc678b9897130d272ae4ef5ce0e4cdb5aa1c4", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "M：此前已有非标审计、持续经营疑虑、诉讼链条、10/10 司法拍卖提示、10/17 竞买成功。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "516dca4feabda4d61221ee9f27065b97a39b27ace4327b9c3e1213623143cc3a", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "N/L：11/07 控制权变更确认；之后风险继续落地，基本面没有变强。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dae59316517941cb68af74366d8c933a84a73f17e5fd8da90288c8f79b03df8b", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "市场输出：L3 单票 K 线层，不落风格体，不接局和门。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16fc19d77857cb6ce0ad3d2c633fa59931eec4f6f03dd16e14912650069f8003", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "本案例验证的方法论：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "090b21e162362cdc30a46e74ab1d204ac9da4458a8e2e14d2ea03526049b403c", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "1. 反常识 K 线不能停在公告标题，要继续问为什么。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21fa4b6c60f8175775a07016130e41f0b21f0e01623d40edad17ac6ddbf84ed7", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "2. 负面公告后上涨，不等于负面公告利好，可能是更高一层枝干覆盖。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b084352fca0f9a6699bb7d879fdf93734b457be1f6450e3744fc5bdb54ce3be6", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "3. ST 困境资产要特别查控制权、司法拍卖、保壳、债务化解、资产注入。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c4261bef6c185322448f71505207712ff69eaee9ff5c7160c01e981afe1227d", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "4. 新闻可能是迟来的确认节点，不一定是行情起点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "deb95270afd7457654444c351fd44543501d647a0f43b143dcecdcbe49d5f155", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 龙虎榜/席位/交易异常路径。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a387f8a7a70f5020ec5e73122f261edcf93df1e5cd13cdc32fbb1d685dbe860", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 深圳天微投资背景和资金来源。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f1ec905805a719c60ae750171c9eaf1af1fc7d0beef9a3ecbd92565ca72b88d7", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 控制权变更后资产注入、债务化解或主营调整线索。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bdb78d903d24f8c61c54b6dc3cc7e60bbca555d40d9b7e46973c6ac09fa3afd", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0060", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- 同期 ST 困境资产共同风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "381bf4d5c128e772b35b32a10f1752e734550d406e505b33088659716497edfe", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0060", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0061", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "`mirror/data/result/darkline_hvstory16_to_23_000609_control_change_patch_v1_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5be95dedd0878d9ba1c95d67a423f05f052e5c23624aec102ddea41ad8f4d49", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0061", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0020_EVID_0062", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0020", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 4 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ec58197baae70dcf6a448f4d9da6b4b02506affb44973ac24e93a36d75fed31", "source_reasoning_step_id": "DLCASE_LEGACY_0020_STEP_0062", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "## 案例：000656.SZ *ST 金科三条利空后反常识走强", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6649382091f81d9dee895e5fb2a3e7068c25739aa7b5bafe3e5010339246822f", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ff826f347bb575e66f7e90e68f4228b6c1378346ab486ef6c0c3e225029e48e", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。它不是用来证明“诉讼和业绩修正是利好”，而是验证：同日多条表面利空公告里，可能藏着更高一层的重整执行枝干。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb0654ea74d98dcbf6c0f01dda23bd3bd9ba3b6537dfb672efff7cf9adcfa790", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ab80c598eea683f33807242a4e75340d7af33a6906d3193e2ceaf87e714a5d1", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025-08-30，*ST 金科同日出现三条公告：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93b658ba599fe44da33666e31336ab7b3d545ae0886c69cbcbfec4006532a936", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025 年半年度业绩预告修正公告；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d5e18d7545979c5973e9041e4952a9bed253f8b13a3f0cbc4f8eb938d42d098", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "控股子公司重大诉讼事项进展公告；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ef2a25481344748610891574d3fdfbc9b3ccbda129e6af55db75d6797fcb4407", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "公司及控股子公司累计诉讼及仲裁事项公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1cd215773bb4c65160f3710ad0023634acf90ff4b814c615064382aeafefee3", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "标题层面都是负面，但候选池显示后续 K 线非常强。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7625b1403809a5c1487aef7f3e745782a3cef1fed6c76e4469f94ef44291bc12", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### A：反推的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e33e9cd56facd16984ce253e11cd51eab640e38ee50ad1937ee2b3fa45ca8f8", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "当前 A 假设不是“利空公告利好”，而是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9cfd1fcca2679d3a57c8e3a6217ed11023d051123f004089a1520b6b287d80de", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "市场交易的是困境地产重整执行、重整投资款到账、债务风险被重整框架吸收。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ecd208b6a60cbe0bc42214ac3f4becc5c821af21d51ca057b2a0084d89b8e28", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### M：前置关键节点", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "944554ed93e9d8709d3a8fe101b4d2f8fc371cf56ac2407bb2cf3872d0854016", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "公告正文里已经写出两个关键前置节点：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ccdd3c4b7242bc111d7012747833af4c7fe4d434535199a4a71e54395af327e2", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025-05-10/11：法院裁定批准公司及重庆金科重整计划。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3f4307a0dd943cf897ade2ed2a04379149824e624075357aaf7ff39fda331bc7", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025-07-09：全体重整投资人已支付全部 26.28 亿元重整投资款。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8081afd4a81b04c43283cdd03d5fef8e63823cfc9f26386af52662976046cae9", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### B/C 当天如何重读", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce523425e52bc74039ff9fa689fd74db83c69142179474c1145cc6d1ebb08ca4", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "业绩修正公告表面是亏损扩大，但正文同时写了重整计划执行、破产服务信托、投资款到账。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d34edfcc60b3d45ea04cecf9d52dab715c5381b8228521e2923ca090adecdcd2", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "累计诉讼公告表面是新增诉讼，但正文写了重整执行阶段下保全解除、执行中止、债务按重整计划安排受偿。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "028ef989d62d47ecd65891fbf21f45cc3617399bb6d7f5d21b30e0087e18dbdd", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "重大诉讼进展是旧风险继续落地，不是单独的根因。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18906b7883ec46e927f3b1b8e9473306eb1678418a6cbc72a005b5bbfde7e8e9", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "795f8e9c8d4b7ded6b98cb740ea0ebf38f13ed82db80e65e2d0af7aa2fcb2059", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "当前只落 L3 单票 K 线，不上升风格体，不接局和门。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6a0b969b1a9770322ff51ad85ff358965e77478a73428a457488c00913183e0", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### 硬缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e7228142b119eff207a5807347d3f4b3f469b81f6ac7a506dba0a6f995f34724", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025-09-12 价格出现约 95.83% 单日跳变，这必须单独查：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e283d1b67910a71d006624817248463342e99957bb814cab8c275d7125774c3a", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "是否复权/除权；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8edde7a1afea447581a77adbbe0da6c1f4e70eadb8187e254f6a46c4ef2af307", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "是否停复牌恢复；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af5531be160f8490363fa01c4087c55682a79bfe14b9123fe310ecd15851658d", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "是否重整执行导致价格机制变化；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba4fe6183e10119289d11b56c8a22f0944461aed750ec5ac34f7b75e279c8d33", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "是否价格源口径问题。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bfcea0f2b37cad181c8e25b13e848ba657e6a2dbefb5ab043efeab51f8ab408c", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "审计前不能把 D10/D20 读成干净新闻后收益。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7171aee3bb26a156df315e11df98abea6f236f435c564eeeba66b423534c9197", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "`mirror/data/result/darkline_hvstory24_to_31_000656_restructuring_story_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "291aca4e142404dae891181a5bf4ab90628c3c8eda7a5629fc8ea31e8dc68f00", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "### 追加补证：000656.SZ 价格跳变审计 V1", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25884858831d5560456fc397d85092b7812f9922ed6fd744eff30a46c495ee60", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "V0 最大缺口是 2025-09-12 的价格跳变。如果不解释这个跳变，就不能把后续 D10/D20 当成干净新闻后表现。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ced6d368201ecd8d6c8a4e397fcd67a032116e7199ab53e9cd7a7c67692e5c11", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "V1 补到官方公告节点：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ccd474e7814cc0f6361ceadd8c3381f5e9180eac2c7739f996a6a3a02fba3b97", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025-09-11：因执行重整计划资本公积转增股本，股权登记日停牌 1 个交易日。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a61f58565778d23f3b88180f02b0d1a1c52d25e072396757186399351dcf3656", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2025-09-12：公司股票复牌，转增股份上市。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1283ccc0b145d1c34d9f4876f2d5d284a046458669c9df268ad7103c00e41aaf", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "转增平均价为 3.30 元/股；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01ff69f6c3a18dbc9c540e699c612d6ad5eedc1c8c112df6aa8887a19f4b3ca4", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "股权登记日前一交易日收盘价为 1.45 元/股；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dafb77306b017b1d360de48d13975eefb5137f9491ffa37590a7e9dbeff66763", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "实施后首个交易日开盘参考价无需调整；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48747d34c10e8846e372753045086a534f347e3a719989d45a49d59b4b7d1e2d", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "5,294,365,816 股转增股份登记至管理人破产企业财产处置专用账户；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "821fc63d67bc8f1319b2ca8a8f994d7c4d35ef8b92641338f3cb6284723a5a5a", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "3,000,000,000 股用于引入重整投资人；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "83f27b781aa52fc09a4be80357909afb9ac4576ba99d9c153241f2c3781874a0", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2,294,365,816 股用于偿债。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c25e4dd8520246708af67eff1bb1de1b27e502bb37f3906e211fb866d645689d", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "三条利空后股价反常识走强，可能是重整执行压过利空。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f832f6c897d228d293bccfbc684ee801a5e2c9d07298d0f1ae785680dc4c1734", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "8/30 三条利空不是根；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60e241c2f5372a58fa0ecfffe5a77a0a9e38c962bd8df59a74b9cc5de4ef7019", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "5/10-11 重整获批、7/09 投资款到账是前置根；", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e467a5b41d94bb9d153518309ea005fa6e85fb3f5d3b240370c3371e7ee0231", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "9/11-12 转增、复牌、偿债、引战是后续强验证节点；", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ee72026acca1ed8390cba9a9030bc2e9c1bd35ca2b0ea9a1628bf4975cfd5873", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "价格跳变不是噪声，而是重整执行机制在 K 线上的显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f265dac840452c2729a73de3a892f1432a4c95e41320c5c063a468757c87ba7", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "当前可讲 V1 故事：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9721b20b40633672aa22d4dd7f5223147ad8a4a1acf12c1ace8e8444dc59bea6", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "B/C：2025-08-30 三条表面利空公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c4a73a1b356126552d52e55417b6472edc87b54614ce98aa76cc99ca234053b7", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "A：市场交易的是困境地产重整执行、债务重排、引入投资人和旧风险清理。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c75d8d0eaf26e41c5ed72c7198089bdb44d1e664c06734602cb7cfeef439bde0", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "M：2025-05-10/11 重整计划获批；2025-07-09 重整投资款到账。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e0ab9d67226f8e18d0ff02dcc08f984cc1b2680eb04bc1be8a9d118ffe5d59d", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "N/L：2025-09-11/12 停牌、转增股份上市、复牌、偿债和引战安排落地。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bd718e16ffaf2297a0b0e1aa5478351f41d5d7629c98ceab3c8d44b51c477de1", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "市场输出：L3 单票 K 线显影，不上升为通用风格体。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3164251368b520d917dabab89f768a093d79b6796cd111d44254c3efe869cd0e", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "实际结果：9/12 价格跳变可由重整执行机制解释。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f5bfbb7db22163d7f2716a39331bf9dd89a787c326b3b8732cf284317e85bfb4", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0054", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "1. 困境资产的表面利空，可能只是旧风险清理叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d121dd592a865d3e1c3effbcf5e5a922b2bd3abdbab91f5556b0405574618cc", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0054", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0055", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "2. 如果更高层有重整计划获批、投资款到账、转增、偿债、引战安排，K 线主线应看重整执行，而不是只看公告标题。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "577fbb82104cb75f097386fb33a35cdaab8a7ccfcee5456705f51c00a1c50ef2", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0055", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0056", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "3. 价格跳变必须先审计复牌、除权、转增、复权和价格源，不能直接读成新闻后收益。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dc3c1c0b51e89d63b0961dd58232330092dec2074d3b1b0a0fd21bff2dda8055", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0056", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0057", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "4. 这条规则只适用于类似困境地产 / ST 重整执行故事，不能泛化成所有诉讼或业绩修正公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d91f3c0a7e23b60c836cd4deeea4c6696674e9223de935808a78b1fb65466c35", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0057", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0058", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "`mirror/data/result/darkline_hvstory32_to_39_000656_price_jump_audit_v1_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97c289827de3bd10d45fb6d10294a698d5dba4234c776f094a4c1c2a1a32d0ec", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0058", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0021_EVID_0059", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0021", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 V1 的 2 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "38010384256debb47321a56cb29098033c0e552a2975623a5c36a927d9c2d380", "source_reasoning_step_id": "DLCASE_LEGACY_0021_STEP_0059", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "## 案例：300506.SZ *ST 名家重大诉讼后反常识走强", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8fa525c8cabe5ca8ac181ef06ea6cd65514822fdb0938706df152290dcbf0b22", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0d9209f7310f446be35615f1e33bf111f7c330c6b954976b266f7b9c79b084d", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。表面叶子是重大诉讼公告，真实主线更像 ST 重整执行和控制权变化。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d7883c88c78d9dc62dfa862b6c12ec1a4fd0332cdc7231e2ee9506c68dd53b16", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8c7808262213a0b77d32021c2a5b0d1c312b9a84476ee9336ed67edc4c1c6191", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "2025-12-05，`300506.SZ` 发布《重大诉讼、仲裁的公告》。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5dc60c11b5cdfd95713ac685a63db2eb1498b0f26467bfe596f90a376c81e8ec", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "表面看，这是风险公告。但正文显示公司是原告，诉讼本质是追讨工程款，金额约 1,012 万元，不是公司作为被告承担新增赔付风险。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c1e67707c0ad32c4a646b236ac24cdbcd99877818ca016bb9d8213cae601e89", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "故事队列记录到后续 K 线：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a57ab7c1d86d59dd609272f91a36decc1856d91f46fbd6c68d4eb7eca7c5be65", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "D1 约 +6.37%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c206c4f226f8c23b41be880443814863d44b83c5688224e429ade46211fe932", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "D5 约 -0.98%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dd9e74e6c6b89e88d931af042c0e0d9060d9c72e1d0e211493bcd715386fa78a", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "D10 约 +85.78%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07ba82887e8f851f94b6d15c12fb53346c9eb27f55920e0701d6296ef4f7aaeb", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "D20 约 +105.39%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01e8f764c9914b837739f1438acef3159f17d7fedfcfcc7538e573593c4c1642", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "这说明不能只按“重大诉讼”标题读。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3cb22646aeddc9ffc6a5efcabdd5889677bb3c8ec4943e82b370f0501e53ed06", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### A：反推出的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bb317befffc23b1de18a210c9b95227325887f1bddf97002e00d8107fcb4c9f", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a18708db0e952412a8462fdc91a307fae9cb47476bdad4538f91950ba3b62c54", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "ST_RESTRUCTURING_EXECUTION_AND_CONTROL_CHANGE_OVERRIDES_LITIGATION_HEADLINE", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a36f45a546d6eac208c998630c22ee24ec9ad783c949917afd5525d7633ae744", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "大白话：市场不是在买诉讼公告，而是在交易重整计划获批、投资款到账、转增复牌、控股权变化、重整执行完毕和退市风险警示解除这条更高层主线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a5f876fdfe77aa4a90800f3f0284830482c6149b3fbffd24c028fea075741e73", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### M：诉讼前已经发生的铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e268cd13e2f5fff57f2dd9e5ee921dec43b85c0a8684297d81456d4f6bed2853", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "1. 2025-09-30：法院裁定受理公司重整，公司被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e5fd48164298c7322b98d0637378aff5b4ce001a167596e9a8e57c28f5df99b9", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "2. 2025-10-21：法院准许公司继续营业，并在管理人监督下自行管理财产和营业事务。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcc96508616c8c27691a0a644743b5be3ebe8e8169c355824f722424342a629d", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "3. 2025-11-27：公司重整计划获得法院裁定批准，进入执行阶段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "76bb4bd90228339ce459b6231cbe0276af546a589fabfd8a5349d5bd2686b0c0", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "这些节点说明，12/05 的诉讼不是孤立新闻，而是发生在重整执行窗口里。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7898d6e324d4860d3bf36067a79c19094a2ccd4524983760d55e1edc30516836", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### N/L：诉讼后发生的验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b11b5a224dc1f10a65e291d7786dd7391fec780eb04b16daba652dbfe13e8f2a", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "1. 2025-12-08：全体重整投资人支付全部重整投资款 `1,203,440,000.00` 元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66f11e91d08cd6e0bf8b71bd0a0c178c6c34286b46251fdf78eac27f90f23722", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "2. 2025-12-15：资本公积转增股本实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "340481c425cfe4f451445d965ed2f1fc847b6dc343ffb63c302c8ab7d371fd87", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "3. 2025-12-22：公司复牌，开盘参考价调整为 3.16 元/股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e05f88ef600c3efc29498a1959d38fb005da403157084fce40a8c2ea63d807a7", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "4. 2025-12-24：新余领九成为控股股东，吴立群成为实际控制人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7128d55b7f2259e4e6cf939906a40496c050d5b19d0c165cc961bfd68fcad4d0", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "5. 2025-12-31：重整计划执行完毕，法院裁定终结重整程序。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e470f60a0f8646a9f118323cdf93300bce4a016d364c591efdda28cabe1eb1c5", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "6. 2026-01-13：撤销因重整而被实施的退市风险警示，继续实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c3ac144585c21bc15cb5e4fe021f3c120ab713843b0280e29363591fb8047f2d", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bcb7041a356de6af0aa747b1b3a8bfe784061f0cb290b172a51f8d8b1b8294fa", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "当前只落 L3 单票 K 线，不上升为通用风格体。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96fe8943fac4fc3ef788d9c42406bd484a2d58f7fe4f68076e487c9ec694e442", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "如果后续发现更多 ST 重整执行股票在“重整获批 -> 投资款到账 -> 转增/复牌 -> 控制权变化 -> 摘星摘帽路径”中共同显影，才有资格升级为 ST 重整风格拼图。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "98f7fb25d6b044f9158f7e02a978b22c0cc650cd1495089feb46c9903cecdc52", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26710cf8c39ecd3920eecc27a8b4e011f26ab66c153453ccb1fc645df03e6719", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "重大诉讼标题不是根；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9a19534dc27370ebc9e2c9ff7ed9916bff9c020e700b6c8b6f492d5ecfe411c", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "公司作为原告追款只是重整窗口中的一片叶子；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "80ca9a38bda90a71e9f109299f9f4ab8565faf99fa0455f2a5ed559e862cb4eb", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "真正解释 D10/D20 走强的是重整执行和控制权变化；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1e1f4a5218c3340fd3b5377c8bf16117430a5ee35ffb2249689cefb294222b7", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "新闻标题如果不放进事件链，会误读 K 线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3f2282288b0d4d95a4a5270df094c1fa1896d7ce032678f55fcd311c1cd3d93a", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3131bef5dd7fbd8bbbc4be55f53ff9c0005a2400e806e2ae4b79b43e9d2aee6", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "- 新余领九、吴立群和重整投资人的背景。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6c0516716426cf22adf56f61a8fdb68d2fbcbd21f772f0030ccaea5b3e7e4852", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "- 重整后业务计划、资产注入或主营修复动作。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94034484104b13f8f8e8223d1fccdedcdc363242c2cdf2731448448f339cd085", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "- 诉讼追款是否实际回收。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb17dd24b7e3d6daf8accaa75cc39af9f5882413a0188f15f299bd2a3e19b64a", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "- 同期 ST 重整股是否存在共同显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f3d4e188bd851b714fe864bb0c7bdeddb0e7ffe755e1e5b50077aee6f30520e", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "`mirror/data/result/darkline_hvstory48_to_55_300506_restructuring_litigation_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9392be77ac37258c589ddcb2557bf21f492c4fe31bf1580f5d3bddda61d2c204", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0022_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0022", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 11 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5a0eaa795a94fd574b1cf52901e5bfb55eb33bce5aa224f83be09eca8998993f", "source_reasoning_step_id": "DLCASE_LEGACY_0022_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "## 案例：000711.SZ 京蓝科技预亏后反常识上涨", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ca6ccc8b847e33030e4bd0ce48494d61e307c2b086b6a5d97462e450cbcbb05", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b59cf7c7f1d86ac905b27e6bba25a4a4daa244232aa495694c479929f8844b14", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。它不是用来证明“预亏公告是利好”，而是验证：公告标题可能只是旧包袱，真正被市场交易的是更高一层的困境反转、铟资源化资产重估和摘帽预期。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b20a23ab324f8a7a48c55aac7b4fcef4e711112e6b2525febb2d37fcfa24d40", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e85446753d9dbaf784e8a75873cb3caa6a6c9fea3d1e69d2b21f2c1bf27a596a", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "2026-01-31，京蓝科技发布《2025 年度业绩预告》。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f788a394fb4b1e5fcabadb91ec03385caf27b6d46170061b81ef1a051dac657b", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "表面看，公司预计归母净利润为负，是利空。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ecd7c5612b007a202a82d7f1cfd58cdcb35b63fe7606cffc10b71889898b819", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "但故事队列里记录到公告后 K 线很强：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9c382062146e6cb30932c63b0c9e5a5cf3411ba6e882259ee5f2324c842f18f4", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "D1 约 +4.93%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8bb76f37e5b00d70a84cc5e666021119082e8b03c5cb6a19e280778007d3a9cb", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "D5 约 +27.80%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ed6e27d88e25ddef42b52f9a32198f44888e6b826af54791166f5875332b92a", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "D10 约 +47.98%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1a874254bc553812df06fb7fe1f3a5db05b426807d03b116ce78a8ef69ca30d3", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "D20 约 +118.39%", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "613e5e404a80b8e27f2c68388c76c8d616b52934b538c74b6328488dbaf2c8e4", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "这说明不能只按“业绩预亏”读。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d3ab7243f5aea4c9e7e0e5bba80209d03460a86a7ef16b007d57f5a5b5d4ea4a", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### A：反推出来的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "633338f0b3c09146fb3dc1b98cc0b40852035760093521abf70fb41491b6c04e", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d460eac3eacc8e77373db92844bd9ee492877400b7609e19c92b9bdb908eea88", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "新管理层 / 重整后资本方正在推动京蓝从旧环保问题资产，转向含锌铟固危废资源化和铟新材料资产；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c8dc650aaa999fbe58750dd09019e98443566dad8eae158f8e48ea4f20e2c631", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "市场交易的是 ST 困境反转、铟资源化资产重估、摘帽路径和旧包袱出清。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e29028e8dae44bb988416f2e01bd967b2ba744f85693a48e427c83400b204d2c", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### M：公告前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3195928e3fcd668aa4813eba40a7a79c0212964db7e5a32ef76cbfb63c6571f7", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "1. 2024-01：重整计划执行完毕，因重整触发的退市风险警示被撤销，但公司仍为 `*ST`。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c141aece0901a0d5e31c98e913e6892fc787d67e0391cf3453ff7c7f3650a3c", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "2. 2024-04：公司申请撤销退市风险警示和其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d659ab9c7dec128605a466c730a4216767c53faf7d8b302c115693ab70ec7fba", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "3. 2025-05：公司因历史信息披露违法违规被证监会立案，说明旧风险仍在。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b70f37bd51744101b7088357bdc6dee913f626487b80113ca901ac7d135470e7", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "4. 2025-08：2024 年股票期权激励计划进入第一个行权期，49 名激励对象可行权 10,947.5 万份，行权价 1.83 元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "45edbbd964cbba7958c8078a85f2b508226c92680a74654f3ac61fc8e2978204", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "5. 2025-09：公司撤销退市风险警示及部分其他风险警示，简称由 `*ST 京蓝` 变为 `ST 京蓝`。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f991d31b6636e8f50a6bb17a3ba52c66a8e1527c2e09b5c083039d9c868bedd9", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### B/C 当天如何重读", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0db53e17cc5b5a4ddea102b7af9473cdbfe59c50e9ce5a5a9c362ebc93fe0cd", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "业绩预告里真正关键的不是亏损标题，而是正文中的结构变化：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19cc9d6062fc3df58d37d6b582ebab904503f93e5c2dea7c5356dd6698ceadc8", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "含锌铟固危废资源化业务占营收约 95%；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "03664362a685966256df01624448b1922e65a7911c6f6d6be4b6e86bf0211015", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "产精铟超过 200 吨；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7adc249f75cb72d1ae174d49eaebc10fcdf5a078bc4494b68feb6c4fcb242fab", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "其中自产精铟约 121 吨，加工提纯服务约 75 吨；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "500bf96976750294fc88649d4bf6d1c5a7cfa4d32dc97c3baad1de637db21221", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "2025 年营收预计继续增长 16.45%-34.97%；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d18d2ae67ecc8adceb600c8f6d03c08adf742a8bae3ed1cac6fa0a58bac7cec7", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "公司计划向高密度 ITO 靶材等下游领域延伸。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc9d083ba10a1076c4975eb96f958232327362759759d6586a6f9abe3a48936b", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "亏损原因更像旧包袱和转型期成本：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66bf6e4b693dc7a57bb81d3d691eaab43c3c5e7b1cd6295c07001777ae70ad4f", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "中科鼎实历史包袱；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "251fbdb66ff39115fa9560bcf28a15a97b7e28f5bc5a264c2d511af5a862d1f6", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "退市风险警示刚解除，融资能力恢复较晚。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32b1a40296407925278b607b68fd49e75894400fbfc892f9d41dc430cf8c0c74", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fe614fcd870e0309655c94a3d757be5fe06cf4abfa06f94c0e46ca7411d6c6bf", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "当前只落 L3 单票 K 线，不直接升风格体。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9ea27108ae982fb78278bc635a4b7bb0e244dfb5d3c4658094b35122f247f041", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "如果后续发现更多“ST 困境反转 + 稀有金属 / 铟资源化”股票同步显影，才能升级为风格拼图。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "76cab7b2cf42a54863401f3abf69c2e66291edda5a3667c69b937c8962b3f0ea", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2dc35d731d79e4668830bc24f6703c5a50bfca3ce47c5eec4b97855f6e01ba67", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "预亏公告不是根；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1984a6a7e932c5f6319e971ae181a276cbb535b68d4376baf6658ae05f7949ea", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "铟资源化转型、摘帽路径、旧包袱出清才是更高一层枝干；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a9d0eec4877eb19ad4f90f86a43bacc9a2af4be7b26ea56dcfaadb93e03df83", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "市场可能不是在买亏损，而是在买困境资产重估和新资源属性。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f354c38dd8e295453722f68b0a0ce9fdcd15ff1d0442fb6015f38ab19b4b104a", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0fde8f4072e38f33d94bf1ff7b5b5a70e34cc9968c2f5c0c6b06760ae09b2dd6", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "- ST 标识最终解除进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "54019d3694de0079bdffafce7087755445edcb870b0c17a590a5bfe34496e1da", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "- ITO 靶材项目、订单或投产证据。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7f2c04e943329f383efbe88231b15f97ca0d12af47cd5bcec8cc597bb363763", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "- 旧业务包袱是否一次性出清。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7f0aa8e7091fce9354a519854ea99100ecfd74e99f1b81892d5ee5ff4d099b3", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "- 同期铟 / 小金属 / ST 困境反转是否形成共同风。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97cb5e7fe1f39dcd99396dc2881bf1b31eee3230c978cd2a33cb26b52923d7de", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "`mirror/data/result/darkline_hvstory40_to_47_000711_turnaround_indium_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b4d124134ba3d409ed1f8ac865ffb5d9bb0eb23a6c6f43342bc2ff37be4b67f9", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0023_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0023", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 6 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b4b689088af5cec7f83620d9b625cec08a06c25dda946a227c1c72c1b5356cab", "source_reasoning_step_id": "DLCASE_LEGACY_0023_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "## 案例：002289.SZ ST宇顺退市风险公告后反常识走强", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "80d5503b23ecd0262cdb090a87cf8aeec01ee18ac9788a1c68c174038f1f5901", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97fe971a9f2d17b09c9a7f7da9495b22de5aab3478cc92556ce87d2f334b1b6f", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。表面叶子是退市风险提示，真实枝干更像困境上市壳通过数据中心资产购买进行业务和估值重构。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dc464c3352777f5f6eb14c9d78e324330e4f55b07e2fb837c2ec5c21805ab3e5", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de376a1cc2fc2c7a765037a839c6a062f3009691d159921068addbff8bc7235e", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "2025-04-23，`002289.SZ` 发布《2024年年度业绩预告修正暨可能被实施退市风险警示的公告》。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ad1d9ae04967f7add3da04ad0973d150d4266e431d45b823894c2182ee93cc1", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "表面看，这是利空：公司 2024 年净利润、扣非净利润为负，且扣除后营业收入低于 3 亿元，可能被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4973cb891acf09e754ac6732c55b13d0c6cff9e1ca34912e32a3645249eb624d", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "但 K 线没有按普通利空走。价格从 2025-03-31 的 `4.78` 元涨到 2025-05-20 的 `14.54` 元，区间涨幅约 `204.18%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ff286351128aa51d2bd5dbfc7fa375c7f8c069e477eed31d4493ee7f120745d", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### A：反推出的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "890cc2c37332d622493d9b16f6c6630554d107e572d6908d2e416d7347c516bb", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6df3d47bc4f838e78057a958813b2eddf4842fe4061497eeeb00938691aa22cd", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "DISTRESSED_LISTCO_SHELL_REVALUED_BY_DATA_CENTER_ASSET_PURCHASE", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd9ecf88e28848630e7318a9a07f3cd9a96c1bf25a2934eaddc83c3aaae37c5f", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "大白话：市场不是在买退市风险公告，而是在交易“困境壳 + 数据中心资产购买 + 业务质量重构 + 估值重估”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c75bd459d872ac3459a8194c8787a4c4b9f15cea4c4e6f6aa724612fe90d52ee", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### M：公告前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b7eb0edc66b1f5cbb0e0af6a16454927d3f9c8e28410db96ddc4b4212f8314aa", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "1. 2025-04-22，公司已签署北京房山数据中心项目合作框架协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "13c5a3bfc1a5ab6940fa4f16b123b85d407c82a3224036cc1c5d2354978bd5ad", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "2. 公司拟现金收购中恩云科技、申惠碧源、中恩云信息等标的公司 100% 股权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1f4f5c02faee351685477f336ca794652112465c5387df371c809f89ba5c02b", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "3. 2025-04-24，公司临近年报截止日召开股东大会确认审计机构，说明年报披露和风险警示处理窗口非常紧。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c9b355a680cda1a36f386e66fb1680ecfc1f8389be77eb968eca9cf24062190", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "这些节点说明：4月23日退市风险公告不是故事起点。真正的动作，在 4月22日已经开始。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "acfadf00717b784905a34af5b47e5f0f40e23d32776a205c160fd1605b31383b", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### N/L：后续发生的验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ef0dda301fcfa567d5fa11f3f0993c9ec3c3fb4c44da90d104be47880798057", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "1. 2025-04-29，公司披露筹划重大资产重组进展，确认拟收购北京房山数据中心项目。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c99d7fb3085ed8d92b927020e87cf377174f3aef43862de032a67356dc810956", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "2. 2025-04-30，公司公告旧的“其他风险警示”事项申请撤销，同时因 2024 年指标触发被实施退市风险警示。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d72e54e9cd11bc881583ef04e949e3fa5e98d6012be8f30dac9eec8f57ea441d", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "3. 2025-05-26，公司公告停牌核查结果，确认 2025-03-31 至 2025-05-20 股价上涨 `204.18%`。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1467e1b23574f9e01f34af9c35dbd2dcc51edf25c9e9d737b546751fd864d0e8", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "4. 2025-07-15，公司披露重大资产购买报告书草案：交易价格 `335,000` 万元，评估结果 `336,100` 万元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "607f7618ba1921b961fefe5542cf089615ebf7aeae34e26173169472f8c0880f", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "5. 标的资产为数据中心业务：2025-03-31 累计投产机柜 `8,352` 个，上架率 `84.09%`；2024 年主营业务收入 `81,546.77` 万元；唯一客户为互联网客户 A。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2a25425732058398d3026f2d3b8e91741118969865368d33c2b1238071b6e787", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e900c38b369215018e3d44be52d33a795882bffb884c228275e056c415323bc7", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "当前只落 L3 单票 K 线，不直接升级风格体。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47732c87cee98d33ed32becd02e593d7458ae44cd4435d633c9685963656604f", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "如果后续发现更多“困境壳 + 优质资产购买 / 数据中心资产”的股票共同显影，才考虑升级为风格拼图。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5943d9eb800e55a4ab8f8ccb86b245bf0005cb57b70ab39698fcf6b79524963f", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a943f0c749302b0ce6801585d92dc1a590297da501860fca78f5f921484f66c3", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "退市风险标题不是根；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0701df3d3f0ceb25311be107f3afbd6c447fdbca0fa320548decfbd56927e988", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "4月22日数据中心框架协议才是更早的枝干；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df30b83fceeaca1a762386fbd625a571cc26479a98c21acc50ef0ed1a163ede1", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "4月29日重组进展、5月26日异常涨幅核查、7月15日33.5亿元数据中心资产购买草案，是后续验证节点；", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6a83b0b83e88331725bfbf22f8aab9c367d1212c15242242d0af58ff5d2dda43", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "市场交易的是困境壳资产重构，不是退市风险公告本身。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1daf0de54fdfce0cb6720aae3516099514c039ec5ead79d66d1eff88aa282107", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6b77bed2a338001a353691f6c55c6dc6d89cb1f44fe3a41a919ff19cf68c485d", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "- 互联网客户 A 是否有公开可验证线索。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "34bb09ad08fdc09a24653d92099d64a7843ff540fb7095342fb47a01b59750fb", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "- 重大资产购买审批、交割和完成进度。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1c2afcd3582e3565ac93c7e81c1f26523a9a58081c187f0eb5d47346780bd41", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "- 同类困境壳 + 优质资产购买案例。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "29cf01edf14e1b98f2c05979c9c3636b7667ff8d2bc44b8083bb35ce4b77f42f", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "- 公告前异常上涨是否存在更早的市场预显影或消息泄漏线索。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f948d8c1771f5d6c9787192c820a4ed73025b03eb9be83901942563d08615d8", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "`mirror/data/result/darkline_hvstory56_to_63_002289_data_center_st_risk_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d0a4e4e4e4e72d9506c222e5177543abc83c93928ca8f08442b10e2e29ee84bd", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0024_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0024", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 11 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6cce9e283b099b4626a581d0ddea4b76ac0d7eddce1aca0edddd4d9b9579492a", "source_reasoning_step_id": "DLCASE_LEGACY_0024_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "## 案例：688109.SH 品茗科技分红叶子背后的控制权期权行情", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a867e976380dfc63b9a54470b50244d12e693d654e0fc8b730e1801c9716722a", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6dd5b0becc33f5167f1c380d8e3bfeaf2df2856015eca168fa98c46e39e37a3", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。表面叶子是差异化分红法律意见书，真实枝干更像新设资本载体通过大比例协议转让进入上市公司，引发控制权期权、董事席位影响和低流通盘股权结构重估。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5f10bd8d0d9de2e1ba70069895e28ebff139432f948b94e874b52a3839bea3fc", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94075500ef3d70d9772f4dfec233c3548750499ac96f946cd25fbcc543a80cb7", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "2025-09-17，`688109.SH` 发布差异化分红法律意见书。单看标题，它像普通分红手续。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0844756fa6af9e931fe0539da5193f2aa2d4ff169e9c663a5de8f09e47d2e53d", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "但 2025-09-18 公司即停牌筹划可能导致控制权变更的重大事项。这个“分红叶子”后面接出的不是普通分红兑现，而是控制权预期和资本进入。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6f46f7f91415024f1fb2849f5f9379bf49f25d28d1bbdd75f8892ab00ebb47b", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### A：反推出的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4c9f26abe21bf44e5342ebe6658ce6eb8005666eedf3ef154e3e92f4c82f93da", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a85925772aa0dc8ea8577381bc8af8ca574d174df64ead258660b47694cde84b", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "CONTROL_RIGHT_OPTIONALITY_AND_NEW_CAPITAL_ENTRY_OVERRIDES_DIVIDEND_LEAF", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e697855c9adcd3cf9fe2f15b31125e46b51d8ae3bdadfda775559f743ea9d32f", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "大白话：市场不是在买分红，而是在交易“新设资本载体进入 + 大比例协议转让 + 董事席位影响 + 控制权期权 + 低流通盘股权结构重估”。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24a9066297b6c26e842a898224c379c3a579b3b775c0691858f69beb05830d2c", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### M：公告前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6300689a9a6e4bcf6e3be93b4374e499b20ae9550584e3db9d83b60c618d795c", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "1. 2025-08-13，公司披露董事减持计划，说明股权结构已有松动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "878926eb05b5c0f754b7b207d69bf85681d38588210efb39e1911db9675599cd", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "2. 2025-08-23，公司披露半年度分红和“提质增效重回报”评估报告，先铺资本市场形象和股东回报。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "50084044b5a83c9e1513a8bd2c0674f295f6ee3be418c2b7654165d34c1b2c99", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "3. 2025-09-05，通智清研成立；2025-09-24 即签署协议受让 15.9206% 股份，说明意图早于停牌公告和分红叶子。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5b856787801f8f4af04676af1fec4778498ea9ba5edf05dc3374634fc386deb2", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### N/L：后续发生的验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc6a83d747958d038f70ea0d3926a48a9cba5a7d81a8410154ede53e19e54e2a", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "1. 2025-09-18，公司停牌筹划可能导致控制权变更的重大事项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0bd077117980b5a3de051cb2ee9c489cb2134170d20188f6d08f574321c791e2", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "2. 2025-09-20，公司继续停牌，说明事项仍在推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d07d05bb2d4e3f4b1d15560d3fddc7a5cec35cc869750f9dc197ba62fe50fb6", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "3. 2025-09-25，公司公告控制权变更事项终止，但同步披露控股股东、实际控制人及部分股东向通智清研协议转让 15.9206% 股份。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "33a62ee0939a2963fca6e0b9df1bf89dcf1a41ee25f01ff86b7af744902652b4", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "4. 协议价格 `39.504` 元/股，总价约 `4.9586` 亿元；受让方承诺 36 个月不谋求控制权、18 个月不减持。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0d86c50136b5d4a4edb8b30b7064ab8508171814ffd0296af762b474fb07bf7", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "5. 协议还包含董事推荐和业绩承诺安排：转让方配合推荐 2 名非独立董事和 1 名独立董事，并承诺 2025/2026/2027 年归母净利润为正。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5079ab0bf830ea9d01d9a5717388e1dad20664851a8121237e998b3fce16dbed", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "6. 2025-09-27、09-30、10-01、10-23，公司连续提示异常波动和风险，反复说明基本面未发生重大变化。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5c511ada2a4c61a591cd346f0f3ea7fa9b6fcb4d9e760cd40aaeec99c8849489", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6184a1de10de38fae384bf8221c31317486b9062168454cbb3db28d84aa6700e", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "当前只落 L3 单票 K 线。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8de28e94835a8739d355fd2572594b52cc95247d57edd6600a125f21697762d6", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 2025-09-08 到 2025-09-17：约 `16.11%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ebca2e651751c2c6b50ba0c4ad0d183247a08bc50d9d1f13ca188b551692c298", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 2025-09-17 到 2025-09-30：约 `104.97%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e807751344431cbf5cb220c1835dc3f193dda6616e0a35446c5ffd659084fa76", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 2025-09-17 到 2025-10-31：约 `164.83%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "33888236212bca048178fd9457a759e648e7f992d89c8bf14826fcfaac00dd30", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5790e100950af4bdd62ee7b57ed11a732e95c813541aca49299ec75374066b9f", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "分红标题不是根；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2cdee9e4b4dbd45d47edf31d603df8b94d1bb3c34932f8154bd6328406ca4ca", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "控制权变更停牌不是终点；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2c5c7c276c14e761a34fc07c653320e83fb0b8448d1f48b3748e49cb50373c1d", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "“控制权变更终止 + 大比例协议转让落地”不是普通终止，而是把控制权期权变成了股权结构重估故事；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d51fe7b154de486d742a4d3fb837008514ffda0fcd282b530078e0a7976f15d3", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "市场交易的是新资本进入、董事席位影响、锁定承诺、业绩承诺和低流通盘弹性。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bcb1336f23aa0d5dabe9d26e2fcf73e1605d25e26907fa725e2789b0551489e5", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5a91fb0bd5faa70690f0f4c7ccb8fc00ef909fd25cc0d5f3d0e1e2f3fbce9ec", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 通智清研、通清智研、嘉兴通清智研私募基金管理和李未的背景。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4b12d55f5e34fb23bfb9b0e9e835c127c564692740eee316b6964217b44a0386", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 董事推荐是否实际落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f289ab3be1c7d7a20210fa43fbbda2bd716d28d25f39ba14b3e98ed817e34b45", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 协议转让是否完成过户，后续是否出现更明确的新业务或资本运作。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e3c092d1427d06191a4282bcf0e78ca339f2f9244be41390bcac9fb6b32fe32", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- 同类“控制权变更终止但大比例协议转让落地”的共同显影样本。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdb104bbd45744f859c75494bb5976e9e4d06731381a2236e55609328eae4b12", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "`mirror/data/result/darkline_hvstory64_to_71_688109_control_right_option_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa291240b2eaf29337559074cb6ac97aab8cb9b7308f556092ed19147d312f3f", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0025_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0025", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 15 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "09d14038e2894c6fc8154ff6de80377de09a692f35f4b9f38395018c720a184d", "source_reasoning_step_id": "DLCASE_LEGACY_0025_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "## 案例：000609.SZ ST中迪担保诉讼叶子背后的司法拍卖控制权变更", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58f0828efe9486afc0a92941c2c8b0a102393e3dd27cb4064a9086efb2571ff5", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f708ba8eaed7439c79444df7cd034848c5b452ef6ea1e7c3939aba5be08a0004", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。表面叶子是对外担保涉及诉讼进展，真实枝干更像控股股东债务执行引发 23.77% 股份司法拍卖，新控股方入主后形成 ST 平台重估和产业背景想象。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "57798e7e3b7c0e8cd1a986d57796e77af7222f48b181c720dfb8af800de02509", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "12bafc7c3853e25223236b7b65c970ca14ba6efb8cd7e6d1141548854a66bd26", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "2025-10-21，`000609.SZ` 发布《对外担保涉及诉讼事项的进展公告》。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e9a7ae090e018dfcbdfd2323f432e475145e151dff73f430676e874f5c3e5cd4", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "表面看，这是利空：公司是被告，涉案金额为利息、罚息、复利，最终损益影响存在不确定性。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4ac385bb22d9833cbe5bd1f6cd5ed132bbc03db28ca948d3acaafb57e3c21c4a", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "但股价没有按普通利空走。2025-10-21 到 2025-11-11，股价从 `4.90` 元涨到 `10.20` 元，涨幅约 `108.16%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3bd59614fc1ec3c7f488f926132f8d78fb2781625e1b5b326ab8c645f410e95", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### A：反推出的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "00fe92b4ae828fa81afd7eeb5f9dda5af2bf80d6560d45e5dd73fc59af7a09c4", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b815b0cfbb33992fc7ba1264cff6b1598d89aec8840c3257cdbd97b90c2baa19", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "AUCTION_CONTROL_CHANGE_AND_NEW_CONTROLLER_PLATFORM_REVALUATION_OVERRIDES_LITIGATION_LEAF", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c4f19755036d3a8ef7b0d500191f25e673b2c0104ecbf98024588bfd241d7e45", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "大白话：市场不是在买担保诉讼，而是在交易“控股股东债务执行 -> 23.77% 股份司法拍卖 -> 深圳天微投资入主 -> 新实控人和芯片产业背景 -> ST 平台价值重估”。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e47ec6a196e26e944fef5602410a87cec9a5f64246aec3de905fa24b700dfe7a", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### M：公告前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "006c66f1bb795fd04228ebbb427cc0513490b1672db41057a33a355af3df0bce", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "1. 2025-08-21，公司披露控股股东润鸿富创持有的 `71,144,800` 股将被司法拍卖，占总股本 `23.77%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6aa8098f6f9a16b96ef6c82d3213649492e442fa0d6f58d6b1b8b97d8f2ab29", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "2. 2025-09-26，第一次司法拍卖流拍，但股份后续处置风险仍在。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "266b1d4c6759fe4049edb3c2ff6b957999b3244d63342295d760849271082441", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "3. 2025-10-10，第二次司法拍卖启动，起拍价降至 `2.55` 亿元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6446ccd28688410eaa8ba031c44e27e9404887646d69c491d8081a28ade7705", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "这些节点说明：10月21日的担保诉讼进展不是故事起点。真正的动作，是控股股东股权被债务执行推入司法拍卖。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "551e9de19f402c2a163698dace950d4b4c5b1f7ac1e06f68ea3ca2cbaf63321a", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### N/L：后续发生的验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "73af9fd8196d7da61829016fd1ceeb6ea0114247c5640fa8146b953278907687", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "1. 2025-10-17，深圳天微投资以 `254,983,100` 元竞得 `71,144,800` 股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b53438d4c4c6315a4b93c2a2c053c5a4bd53d3bd5f21d589d020e0d93bded362", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "2. 2025-11-07，股份过户完成；控股股东变为深圳天微投资，实际控制人变为门洪达、张伟。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55679eef137fef0feae53e19c2a34da8e28256e3438f027fc7d01aae56c8beca", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "3. 详式权益变动报告书披露：天微投资成立于 2025-07-22，注册资本 `25,498.31` 万元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0cbb75dad7740481e0dbf5fad00e813e50ac5d0061f804ff40582d54e70c4b5b", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "4. 门洪达、张伟控制的核心企业为深圳市天微电子股份有限公司，主营芯片研发、设计、封测和设备。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7357daeb977c36a7b5966ce0ec5f88c7d2e018c8e26ab1081fdba4ac12fd694", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "5. 2025-12-27，公司持有的康平铁科 `30.04%` 股权继续进入司法拍卖，说明债务链条和资产处置仍在延伸。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d482d4342cf299dad12c73ef4675a5670474e4887e8504dc0607a3eb04a5da99", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcbfff2f450ffed0fa6b98f1cedd6c974cb1a75ddf183ae4d8e770e64435a27c", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "当前只落 L3 单票 K 线。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "102a82d65312253322fdbb205002bb3eeb8316e18d08bd6f07dccca0c67e37ce", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 2025-08-20 到 2025-11-11：约 `193.95%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "20811369c40627e2e37a5e86e974452a4b1369399daad72d5d206e68cf25834b", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 2025-10-17 到 2025-11-11：约 `129.21%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "13bb0ab07eb83388582fdf6d1b48c75b46f2bab12126118473dacfde63299c24", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 2025-10-21 到 2025-11-11：约 `108.16%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9ee6a7879aba77243e3de6a2779156679773251bdee353bdb302b60ab27892ea", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a36f3290af05a717c88351fc87beb718fc4fd66ec43ca3d97d36218d94051e9", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "担保诉讼标题不是根；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e32cf07b86b791e4790e0d4def1f575dc0afd63b5d18749304026782390a130", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "控股股东 23.77% 股份司法拍卖才是主干；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1868465948567dc657ed1f53c307dacb39ba9294da65f82b80aed221bc614626", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "第二次拍卖成交和过户完成，把控制权切换从风险变成明牌事件；", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55eaf3de613233441cca43aaaf5890d13a304ef52a820c0bd1a36a75e35d29ec", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "市场交易的是新控股方入主、ST 平台重估和芯片产业背景想象。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c294a9a601afa76873003809d63463bbcb30f1d1270ff21991b6e2cfe7293138", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "da414e6d8f24c8c2d2f47453eef5a779acd62831320d1b1ef11d24cc6a3ba7ac", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 深圳天微投资、门洪达、张伟和深圳市天微电子更细背景。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bf71239e0b6249429b3979a36d85fd752ea7ebec98a40470eea51e84858f8963", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 天微投资是否后续调整董事会、管理层或业务方向。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4995335831afa99ad728dbb61a511558f8c22d404e3d5e253c3a73dea44e1140", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 康平铁科股权司法拍卖结果。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f6a71f5951ca8e4cbcfa974a367df86e09e8ce50882e1546a3c0706173d8c9d", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- 同类“ST 公司控股权司法拍卖 + 新产业背景实控人入主”的共同显影样本。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6a07ccde874f8ce35a4f3d08a8691fae89097a6898127ac1a79de32848f893a6", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "`mirror/data/result/darkline_hvstory72_to_79_000609_auction_control_change_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "676c0b0f0c3c4cae883da514324d3b4276db49f2c40a3946f723b9f9fb73c33f", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0026_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0026", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 12 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60f44ae3b20d6e0228ac9328f16cd53083be359544c2fe5ace4619908bc1dc86", "source_reasoning_step_id": "DLCASE_LEGACY_0026_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "## 案例：000656.SZ *ST金科坏标题背后的重整转增价格机制", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0e388bcef618c9a1685f4e45f35639a2a367314e808cf623fe1b52d8d20aa16d", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b6d29c33fac1192598a10f279d63a1103ecfac780882cf6d135fa5be5425930", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事，但它和普通股价上涨故事不同。它的市场输出受重整资本公积转增和开盘参考价不调整机制影响，必须作为重整价格机制案例读，不能直接当普通公告后收益读。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75c9461619ebf3a81986317fd02903ed1977c9c9e0839457415e27a5f31a4e42", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5cecd94c1be9504c3fe6ec9deb51ddb3632e0a7f95fcc1ebed1607c46a7dc29b", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "2025-08-30，`000656.SZ` 同日发布业绩预告修正、重大诉讼事项进展、累计诉讼及仲裁事项等公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9cd7f8e6f0a987a55681cb680143d93343ca311c8940b2390db17fde4391a924", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "表面看，这是典型利空：亏损大幅扩大，诉讼和仲裁继续增加。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce4b7fa262364259b8f1340434b7ba7606ca61d84e6d707d3b513ba0a8c0a5a2", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "但 2025-09-12 前后价格出现明显跳变：2025-08-29 到 2025-09-12，价格从 `0.66` 元到 `1.41` 元，表面涨幅约 `113.64%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dc29281578bd602da103c92839dfce3d247aad2926a9071d6dae52262e3a0770", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### A：反推出的暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8300dd24e60aae2b70e4c9afea19599e0d981778bb68d75fb3e2cded6aecf01f", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bfaee77942980b4b50ddb96b4f95fb644844d5f4afe1ccd66c4da0c5356c09ec", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "RESTRUCTURING_EXECUTION_AND_REFERENCE_PRICE_MECHANISM_OVERRIDES_BAD_HEADLINES", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07c740f7d3a1d6eaaa5347ca5b686f4cb5bd362166cd4c5ec1ca86f168699bbc", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "大白话：市场不是在买业绩修正和诉讼，而是在交易重整执行进入关键阶段；更准确地说，这里还有资本公积转增和复牌参考价不调整的价格机制，不能当普通涨幅。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4030e58a5e318b5aa1f4f22ee41c0c8e41c264a00689ae1a415fb0f6ccdc0250", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### M：公告前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "30c1bd887c78fb92db9389ce5418c97d56042bf473536825acc2f89e336df855", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "1. 2025-05，法院裁定批准公司及重庆金科重整计划，并终止重整程序，公司进入重整计划执行阶段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea935a2411d94b668aeed93e375be92a12b7d6ecd4a8bf5d35421a0e9e573398", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "2. 2025-07-10，公司公告全体重整投资人 `26.28` 亿元重整投资款已全部到账。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25f4cdcfe49086d57dcb52174b019de221e8d5b657f5923e2f0e3c47818ad93d", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "这些节点说明：8月30日坏标题不是故事起点。更早的主线是重整计划执行。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7817902f77362f0741df371e47bdb9349abcb9d85243f9e4e8a724606e1fc79", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### N/L：后续发生的验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5ec0f2ea467c95a135aae07aceebc756b5b08edc8d1d729ab8433b2431b19b8", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "1. 2025-09-09，公司披露重整计划资本公积转增股本事项实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68e129e63575d5f36b0a7478c5cbc48382bdd66cadbc59e24fe75a9e068c06cb", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "2. 2025-09-12，公司复牌，并明确资本公积转增后首个交易日开盘参考价无需调整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1cc4319eaecf68feb6025891acc2bbb91f68710bcb1bc72ded9f73bd413e6dd", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "3. 2025-09-23，管理人将 `3,000,000,000` 股转增股票过户给重整投资人指定主体。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f1256ab50391be633e8ad422b842e35123283b3462d15ff0be54ace052ccb4b3", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "4. 同日公司公告控股股东和实际控制人拟发生变更：京渝星筑、京渝星璨合计持有 `9.93` 亿股，占总股本 `9.34%`，为第一大股东。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "838aae894f631cdaf605cceadb804fd75d074e2ec4017709cbad212c01dc6cc8", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c678d68360dac6dc511be1710881e2d3869d55740266bdef20811bff88c73d21", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "当前落 L3 单票 K 线，但必须带重整价格机制标记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e0c6c6fe6a615d5b6cbf3e918b62cc1e595793741986e11ed6f7ff9121ae849", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- 2025-08-29 到 2025-09-12：约 `113.64%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7dbb1c7aea3ce469296e3fe71c4e30430f8c7b8bd2f2620c0ef389e0aea716b8", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- 2025-08-29 到 2025-09-23：约 `115.15%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7929d30bab86e6f86bcdc326226e08ab34ee3bb6980d923a3676308b0418e9d2", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### 当前结论", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "23dbef71f28a2b32a2bbf6ebfa28c887b7c9044ae3e0356b255638316072a5df", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "8月30日坏标题不是根；", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0e1645cf135a0e1ee6a40b4ddc7243dc1df5a3cbbcff1c589c41bcac53bba52e", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "重整执行、投资款到账、资本公积转增、复牌参考价不调整和投资人过户才是主线；", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "768329f38edef324864302d8c30015d927dd22eeac940bf940d6ca00ba23247e", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "这条线不能用普通新闻收益逻辑解读，因为价格跳变受重整制度和参考价机制影响。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ed321544443bb6c80e717374802fe62bae6e406fc5ca398b4414ffe1c47f5c2", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "### 当前缺口", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a4dd4cf5ed17935a19abc29aa2cec68e62fa550f2b685fa9550269bfc23c97a7", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- 上海品器、北京天娇绿苑、四川发展证券基金、中国长城资产等重整投资人背景。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "62ca83a253775f94213e4e04b9ae4c440d6ce30f980140e4f6b1db5d90eaa4e6", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- 控股股东和董事会改选是否最终完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd5576ed3b95284a109f5fa9c5cd85cd12cec02228d4be5160d4bfdc4bca4fb4", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- 重整执行完成、撤销退市风险警示和主营业务转型后续节点。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "40ab56f5708625c0fc1c2d7da13c52298030be2ff61e90102a4fedfc3feba1d5", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- 同类重整转增参考价机制案例，防止把技术性价格机制误读成普通暗线显影。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0b1eb7aaa1becc220a9c96a94472b85bccfb8a4eeccb8e57b2b3cfbae0b6a47", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "`mirror/data/result/darkline_hvstory80_to_87_000656_restructuring_reference_price_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4915ce266a66870de380e54c3b366b3d2dc3cc4278c46af11cf7703971ca0e22", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0027_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0027", "raw_excerpt": "- `darkline_story_key_node_evidence` 已写入本案例 10 个关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26795269382255a1db473b939b828a925560d5dd0661521d73404216319f4227", "source_reasoning_step_id": "DLCASE_LEGACY_0027_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "## 案例：000615.SZ 奥园美谷诉讼叶子背后的重整执行与控股权变化", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "30459682be0c4f72d4884de542be5ceaa008953080b0023ed49d1ceaba7a0cda", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b01c1d2d6e2285649d351991d97ed387fbef12d1eef2a87a6d2ad864be55db9a", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "2025-12-11，`000615.SZ` 发布《重大诉讼事项进展公告》。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ef6d1a4788db8050a179191ee8cc778d7fb6de5fd40d841f4c402e5c3a732b53", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "表面看，这是金融借款合同纠纷、执行阶段、公司作为被告的风险标题。如果只按标题读，容易理解成利空。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3cad91d976bbb5427d28401e0263d9f7cb7964844d4d9bf73d1e0236aaf700d7", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb1964c91efddf7299d4e0a70744205dd9d90ce57eb8b641b4da14c67b54c58d", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "这条线真正的暗线不是诉讼，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "274662e9f929b57f8b16638e98c9f2acb8562a33f857e036d30bda4d5b7d530a", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "`公司通过重整执行、投资人入局、资本结构重置、股份过户和控股权变化，完成债务出清和平台重估。`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94571378db32599794078cba98adec0c331b710a805159a378fd5aff47b43c67", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "换句话说，市场交易的不是这条诉讼公告，而是重整成功概率和新资本进入。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f76f43c36489eb878a4e95389921ae9e1d61e288a8b21234a3759991da4c78af", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "### M：B/C 之前应该已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21d50a2881491012feabf0085fd44e724871446c36a9751a0ff1c3157315adaf", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-09-26：公司与重整投资人签署补充协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0b9ffbe0c10fc797f6934d024f13c2b7d8e4cd84f8b38db4a21fe9f887e8149f", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-10-11：披露预重整方案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ce7c64be442ca2a2aa8c0da3f1579bdd710992e88e76fa234344f9649036c4d", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-10-28：预重整债权人会议表决推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96e8f2f7d1aaa2485f65276cef0770a69b72fb39cfed2c2e31f7e2b568e18adb", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-11-15：法院裁定受理重整并指定管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16459b26cc154388c5c565f6672468aec46b3a494cd8fb46711c2915996b8459", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-11-20：法院许可公司继续营业，并准许在管理人监督下自行管理财产和营业事务。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "392f01fefb631cdbc57d9265bdc18108f3e0719fb0dd75df818f38393a612892", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "这些节点说明，12-11 的诉讼公告只是重整链条中间的一片叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "78db4fba32ab77f9050c08ba88e56a003c1312207d206bfc23e543ba38378b3e", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "### N/L：B/C 之后验证暗线的后续事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aca7e9c27e9ffdade7d7b237c41330e394c9aeea7aafe5f7582316d76d287fed", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-18：重整计划获法院裁定批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a1637d00ae201f09acc2368d8142a51a2e2d601dd0683900b37f25ca03ce4f99", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-23：重整投资款到账。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a6a2f01a4610d97d925a3b153c465ff3f6ef4a1eebeb08d30ed899f6b12dd1a", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-23：资本公积金转增股本事项实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b5e066d366ab1883820238de7d977913ee94203204bfac60515300a156a21c4", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-27：复牌和开盘参考价调整公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96c41a523610760e63445da9e85cea1e812ef71ea8b8533ef8c35a24336f5a4e", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-30：重整计划执行完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6673da5a62aedb595fbfe3a2347b9783e0f6dba67dcd3d6bf193ef783c6de4fa", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2026-01-05：控股股东拟发生变更。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eccfae08966537736732884bbc952ff842fefcf7a5260ab527dbcc03e95415e5", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2026-01-16：向重整投资人完成股票过户。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ad14580ce49ae3d93f69f3c50b10552778d41ab2030821818825867061ea4628", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2026-01-22：撤销因重整导致的退市风险警示，但继续存在其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b61e961232219af773e484af75cb3fe19ab6c531dbffc20357d323175df85aac", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2026-01-28：董事会完成换届。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4d13c596708423a11d25361a4d62e89236772285bfe7047a07ca96f991d279a1", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "312bb33728ce5bd700d00e4094c24debbc1dc6657c315836dc100ddc723db276", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-09-26 到 2025-11-14：约 `+46.76%`，正式受理重整前已有明显预反应。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e19cdb676179680bf10bd3ebe66f15b5481dcc286f571007a01fc49cb6a412d5", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-11-14 到 2025-12-18：约 `-15.20%`，说明不是每个好节点都线性上涨。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e41f378c88daa861308ad6f025ed704e9bfcf90a4b21d2332c3b6552dc9d068d", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-18 到 2025-12-29：约 `+114.45%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5c016b192963fdeff3d9e86c1c5cf70f74e64abc7d828652135dc35787beaf9", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-25 到 2025-12-29：约 `+108.43%`，但这一段受资本公积转增和开盘参考价调整机制影响，不能按普通涨幅读。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6933fb1596099c64f4d425d27db5e697ef7c2eb4298be950b3530cb1e801d762", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 2025-12-11 到 2026-01-22：约 `+93.06%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6fb0404266602f0bdb2008773c62984590eb4090b855d22fef9581d09d9fe3ed", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb2ce33f299614fa396f156e5b43dd79b89a970b0112486f51445be2d88d2f6c", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "这条故事成立，但必须带边界：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b0f4a5124474bcff38868309412de38203e5f4ebc62e0063db2c31579106c22", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "`000615.SZ` 不是诉讼利空反转故事，而是重整执行、转增价格机制和控股权变化故事。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "750482d45dad4a862e05738f2f86168d169d159648aec63c0e2db28b4c02e7b0", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 坏标题不一定是根。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9ce1341b9fb7d3ec0b04ca321803f9f6ad3a550646f61b09fd067073e5a1c43", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- ST、债务、诉讼、重整混合标题，要优先问它是不是更大重整链路中的叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2aa53838eb7b96292ded4dc7daea62f7a6471156f051580c492cadc7f1fe9eed", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 如果价格在公告前已经显影，要回头找预重整、投资人、法院、债权人会议这些前置节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a2ad055c74098a933aff6a2880012f09da63b61d5467a16577fe61bd2154610", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "- 如果价格跳变出现在资本公积转增和复牌参考价调整附近，不能按普通公告后收益读。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58541465c8d273c4b517c5ef3fd8c2b7fc66960036250f0aba731c5fa0a00cb7", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0028_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0028", "raw_excerpt": "`mirror/data/result/darkline_hvstory88_to_95_000615_restructuring_control_change_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1eec394d101013e9e37b65d34d9c939d11923125c03478005b5dbcaa3e6ba153", "source_reasoning_step_id": "DLCASE_LEGACY_0028_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "## 案例：603843.SH 正平股份诉讼叶子背后的采矿许可证与 ST 困境修复", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0cd9f7446ce5b62c96ceabf035eaa2e9e9edd3e555286e0b695319a387e09a9", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70952fe3b256ec4553634f81c6a9951819f333e339dc19029cce9e9896c694d8", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口是诉讼仲裁和 ST 风险坏标题，但后续大涨更应该由资源矿权显影、债务豁免、风险修复和预重整解释。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f2c708a3f1e0a60ebe7b2cb3f03463dcf173b0b105dffaa019515a031cc28731", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bd15b605604401d502f936bc61b6fd1b422374647c56d541e0e673bb3f96dcc2", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "2025-08-30，`603843.SH` 发布《诉讼仲裁事项进展及新增诉讼仲裁事项的公告》。表面看，这是坏消息：新增诉讼仲裁多，公司和子公司多数处在被告/被申请人位置。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3854d4eefd533f608ac550c805d13821eea435989525eb55b06ed5f55c83684", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "同一天，公司还发布其他风险警示事项进展和全资子公司债务豁免公告。这说明坏标题不是孤立的，旁边已经出现风险修复叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df725468db7ed5fc5b5d64a1403d8e71e91b1063564175f5c6774ee4f2cb0622", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### A：反推出来的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af0c095f7ba8338c7660aba2fe8e268c982e5ddfb182be5163b16a7534263a98", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9bb900e452bd2b850603764a379bf83950dd2e92f3c9798b146ee5eb2713d56", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "ST_DISTRESS_REPAIR_WITH_RESOURCE_OPTIONALITY", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a31ab14635f523d2b91301d13e8f29c99e2319a9181a3c0c63f54d74030161ac", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "大白话：市场不是在买诉讼，而是在买一个困境资产突然出现资源矿权想象。公司本身有 ST、债务、内控、持续经营风险，估值低；如果债务和风险开始修复，同时全资子公司拿到采矿许可证，市场就会把它当成资源期权重估。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cff075ccd4152659f1bed53394bc75e55a3aab597a66cab521c8120e7203d708", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### M：B/C 之前或附近的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdfe25b4eeddd3ed35ac8d2f301b5339e563821c422acc0831fa1209ee97893c", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-08-30：其他风险警示进展，显示违规担保解除、资金占用归还等修复节点。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "487a0dbb315436fefd0b09b25c4bc58bc6439db42d934d0cbf9f0f01779171f5", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-08-30：全资子公司债务豁免，预计增加归母净利润。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1574ff6212a02e4cb43a5c70f853416728cf153b15e2992ef7a59cee09b07f1e", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-09-05：股票异常波动，公司称无应披露未披露重大事项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc3b44f690275b835afe8c831660b731b53c5e8249a5b5bd5bf3a526c8d8e74d", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-09-17：采矿许可证公告前，公司已出现连续涨停和累计涨幅。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47684d9020619b5d9308bb1cd74acb56b99dd5a1cb37035a1ce62ac63d160a14", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6021bf8d682d849407743627215efe46d7cee3661601954453d3675c85c6c70", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-09-18：全资子公司格尔木生光矿业取得采矿许可证。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65129fce2ce352b7c9a3e2976a8c631e0a49226d1c7186031264f1cf263ff97f", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-09-26：公司提示矿产资源开发需要大规模投入，当前资金、人员、设备不足，收益有重大不确定性。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06b9209684846ea15e4e509668ce7fd2d802e82ca176dabbb3087ecbf87d7637", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-09-30：公司继续提示股价已严重脱离基本面。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0d24bc4b18009bdc51ec5d5a9e2da10284ded9440db29f8b1513642a766cf1c2", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-10-31：公司及子公司再次获得债务豁免。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21b506030431fc833bb158731b01206e4d4db2e2a45d59e9da0e7d4fffa72cee", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-12-25：法院受理公司预重整并指定临时管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35464eabbd4cb0898df1f7ce83c84cf885c832e1592c1c860186e2e3c2714f6e", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-12-26：预重整债权申报和子公司债权调查提示仍有缺口。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a0577b3e315784df5015a4faa197cddff93be48f7dfaa2a2d9a4afb9d268d2d", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "51ec307bc279867d0912d389d55711f0e9c6e174e3f61ead7ab496820e4abc69", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-07-01 到 2025-08-29：约 `-19.94%`，入口坏标题前并没有提前大涨。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df005979d4c08f78a2850c9d8f7fb92305e6b11772cfaead945cbe28672f0290", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-08-29 到 2025-09-05：约 `+14.13%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "86a9dc90c4eff2d57e2e733623cae49f4352116aec703226c84915edc3493d3b", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-08-29 到 2025-09-18：约 `+64.68%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7731086dc355f94096a7936a4878a716ff05897833b534595211f3e660702dd0", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-08-29 到 2025-09-30：约 `+101.86%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aad5cb3c7fa42ac627033647b47bcc1162e6fe30ab1534bc331d7213d06420b7", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 2025-09-30 到 2025-12-25：约 `-12.89%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "90a58a8329e58ac8c443ccce5c6a15b426b2a04f98422d7e01ec6cac08a70f43", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db55bd448c46928084b75bec4483129778ba4d423edfde0a50b7fe1b11154872", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "这条故事成立，但不能读成诉讼利空反转。更准确的读法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "454e2d84f84df9ffd909595f161bdfd1f2e16c7f7304ece1840afb01a60f74fb", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "`诉讼/ST风险叶子 -> 债务豁免/风险修复 -> 采矿许可证 -> 资源期权重估 -> 开采能力和资金缺口风险提示 -> 后续预重整`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3cc0ff9e36793c91b5d150c000e6bf6742d0aab7768e9653e611f63cd528fb42", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 坏标题旁边如果有风险修复和新资产期权，要优先追更高一层的资产重估枝干。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b66fdcbb9197564af027396f7bdea2fd40ef989077127f6ffeddfa0de5c92e62", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- 资源许可证不等于生产力兑现，尤其公司自己提示资金、人员、设备不足时，只能读成资源期权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e9060e9dd479ac139e63f5246aa38e921c798521e4b8624e1a6ad864ce389dc1", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "- ST 困境资产的上涨常常不是经营变强，而是低预期下的修复概率和资产想象被交易。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a14d692360bf5f7ff5cc6d94b77f5e43de0657b0bdcf6d1a0f460c9bdae33630", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0029_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0029", "raw_excerpt": "`mirror/data/result/darkline_hvstory96_to_103_603843_mining_license_st_risk_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66ac3d90465e4e6bddfe7d02e57688d6a7c35c271ea1de8ec1ab7f640e1c21cd", "source_reasoning_step_id": "DLCASE_LEGACY_0029_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "## 案例：300091.SZ 金通灵业绩预告叶子背后的重整执行与参考价机制", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "450ec455446a739f9429681839f8048fbe32a3e025e9124a7aac67857c0228ac", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "84c497a267cfe82d9c59fc3e039a5ad657ed15e1020af6c71d10bf0b93b3d5fe", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口是业绩预告和财务退市风险坏标题，但后续价格强显影更应该由重整执行、投资款到账、资本公积转增和复牌参考价调整解释。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9438a225dfaa5206e448f33b29f6f117163928ada446f444eb93463623aa4166", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "85025c5b6c47aca2672305d00396b6f744d57315d72a01849422f97838a176ef", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "2026-01-31，`300091.SZ` 发布《2025年度业绩预告》和财务类退市风险提示。表面看，这是坏消息：净利润为负，期末净资产为负，可能被实施财务类退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63ec10cd70a63ff327ba2b4bb2e7a7b231ba8b202e078d46eebd81a356576361", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### A：反推出来的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7dd1994f655c3f55711ec373f632bd163b8ae8914dce7eef18f246e8ba8f78a6", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26f0be0260f6546662dcde637188b055ea55a33160c23e1aca94502fca186a1f", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "RESTRUCTURING_EXECUTION_AND_REFERENCE_PRICE_MECHANISM_OVERRIDES_BAD_EARNINGS_HEADLINE", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9eb7ebcf92f50e9d6f073097012f2d757521722eb3d20b45d6bb4a6f110b44c", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "大白话：市场不是在买亏损，而是在交易公司重整进入执行阶段、投资款到账、资本结构重置、转增偿债和复牌参考价调整机制。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "00be8c33a9956d9651b9058a4847b59535f8cbe2f65bf957e20482e62aa7a14a", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### M：B/C 之前的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "476a64a4d8702e29420e0c7dd558ae9b77cd48bf50b57e686551b0225e9a0d69", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2025-09-06：公司与产业投资人汇通达签署预重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f06461061a850ee184092019c4f640afdbc84a7aed6c7e2f6a86ef4c6501b1b", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2025-09-27：公司向重整产业投资人借款，用于维持生产经营。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b550f1d719996a08772da5c73d91e8c68dc0ca9ec14fb444453ec849535df39", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-01-13：公司与财务投资人签署重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "98ce3440e611d9abe6a3822a59b33468a5ee8c29e5b571b6deb2a62cf87f0984", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-01-16：公司披露重整计划草案、经营方案和出资人权益调整方案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a976ea4ac180f0054333f8d8caed6265d2a9aa410f647c60a36ae7e8b6d3473c", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "这些节点说明，1 月 31 日的业绩预告只是重整链条中的风险叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68c1a5cf3f544d764826caadfacc3ee22262a56ed1f5664789ea71be37236085", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89ec5ecc4ebe4b950b57a61894c224a22e4a95a75c0b54dd2df150bb8d09cb17", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-03：重整计划获得法院裁定批准，公司进入重整计划执行阶段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c55265d1aecaf3004fdd0eb4786a1112724d7140662c790ead7ba91c508e16b7", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-09：全体重整投资人全部重整投资款到账。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd9d4a46152255d8f5eeedcc001802e88a224921fdc4a9fc71a997e38f177d1c", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-09：资本公积金转增股本事项实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "39364862b3ddf58630efa44a833cc3669dd4570a405a801d94b18f5d8f8d42f2", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-09：披露转增股本除权事项和开盘参考价规则。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e49bf35e7a91cdedac8774916a32c85c835f8d04ec0853c2351aebb76d47fec9", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-12：公司复牌，开盘参考价调整为 2.79 元/股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af1ea4c6c5ee238fd28439c8a25a7d535a930cc5635013a2f7f9e778d99b0d1c", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-13：重整计划执行完毕，法院裁定终结重整程序。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e0c11f97a3ab82228cbbf727b8aa63770d7ea19d90a38e2bb6d0a97103a245a", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-13：公司继续提示财务类退市风险，说明这不是基本面彻底修复。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d10470448f8b3a6db80a7256a7f8b0c0ae7fc9acb3f182637be3d150ce01c89", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2f3b6f9d8974edd06315cac4de0f2d6e6b2a8f5223415a8401532e80a700181", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2025-09-05 到 2026-01-30：约 `-5.95%`，投资人协议到业绩预告前不是明显大涨。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d556fecda6274c80965790d50b0121089b88b9c8d8d62095f4037905bdfd885e", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-01-30 到 2026-02-03：约 `+1.27%`，业绩坏标题后短期并未完整显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b37d6e06e42fec543f063b3d666097213415cf9c33d45ef5fed0f3dbda854b4c", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-01-30 到 2026-02-13：约 `+98.73%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db107b28cadef085c3b4b4a7ce779f62827148971106eba1dda0ba2ed5feabdf", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-10 到 2026-02-12：约 `+86.75%`，但受资本公积转增和开盘参考价调整机制影响。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e0b924d40abde07b4393e0e886a98f974e77323e2d49e1237133fec54b395d9a", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 2026-02-13 到 2026-03-31：约 `-4.78%`，重整执行完毕后没有继续线性上行。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96dbf5877ae112fc39d52d86c5bf1e8a454bc3dd95aefccdb251443e35a805ce", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58a4aa98a532add31eaa51c93d93887665dbe3dbfb6036db289b3318bb6041d7", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "这条故事成立，但不是业绩预告利空反转。更准确的读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9660c184e45d9a583ec79420c5cb713a16f684c3fb72ddfe9e3427a520542e48", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "`坏业绩/财务退市风险叶子 -> 产业投资人/财务投资人入局 -> 法院批准重整计划 -> 投资款到账 -> 资本公积转增和参考价调整 -> 重整执行完毕`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b542c61c0bd6c66a5c438403d268490666e0287517f948603b187525b1d73e91", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 坏业绩标题如果发生在重整计划草案之后，要优先追投资人、法院批准、投资款、转增和参考价机制。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61e92435a09c609a19dcff59abfe436cd15bcbb0440f195943eb99eabceead0a", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 重整参考价机制会让普通 K 线涨跌读法失真，必须单独标记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0b7ef07aa788367bf3eac7aba3facf33cbfd91aadc822dcbf0be0243a359e42", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "- 重整执行窗口可以强显影，但执行完毕后不一定继续线性上涨。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8482c6891a2f6372f5e79859e5e56f8521e396d5b817df2a39f257d30cc766db", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0030_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0030", "raw_excerpt": "`mirror/data/result/darkline_hvstory104_to_111_300091_restructuring_reference_price_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5990bb6cfd5c29e3369821368a059fb3a8893844d1e13b5a39fc8cc77de50185", "source_reasoning_step_id": "DLCASE_LEGACY_0030_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "## 案例：002822.SZ ST中装可转债叶子背后的预重整期权", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25582f242ef2a79f688163ffd0d9ee733684409b84e7643e64c5ea121526eaa1", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "36b8c31e2540cd2799321b5766cad8da8ab60f996ea01518922003cdfe399ff2", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口是可转债“不向下修正转股价格”公告，但真正主线是 ST 困境平台进入预重整、债权申报、管理人推进和重整投资人招募。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "123af19cd59fec2c43c5a0e59b76d5f790dc25687defce288ae119d2f51fdda2", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8dc3bc58a49d70cd44bf3974c825175e75ab2167d754f22975e0b29da89c9557", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "2024-10-24，`002822.SZ` 发布《不向下修正可转换公司债券转股价格的公告》。表面看，这是可转债条款事件。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ba6da576c8f9d531ac3db25a4758b3e0ebfee6355ee17eb69626a2b50bc3530", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "但公司此前已经被债权人申请重整和预重整，并且法院已经启动预重整、指定管理人、推进债权申报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "665e041179eb7c91dcadb8d3eb6de99b9bbf032c10bf8f5d463f16256c38a793", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### A：反推出来的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d5e0069814b46f2f8cf415d3a2c0cc52d8ed1ab1e7f66788639a1e7a1e6a8d4", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a35c18dd244e3be7d32252a1e5760304eff89ecb257f67da69be9dc326b2c254", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "PRE_RESTRUCTURING_OPTIONALITY_OVERRIDES_CBOND_NO_DOWNWARD_REVISION_LEAF", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db9ecee7fcc36a44cab6e541758adf3d91285390aac9418d1359301576bc849b", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "大白话：市场不是在交易“转债不下修”本身，而是在交易 ST 困境平台进入预重整后的期权：如果后续能招到投资人、进入正式重整、清理债务，股权和债权结构都有重新定价空间。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f6501dc4ba17df6a41810d479897ed4b5a3d99a168d27c940b00003d4c2e5fab", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### M：B/C 之前的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bcd1d5727cc426e55b0218d9cc021bc2d5ea805710bea5861febecf4d332923e", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-06-22：公司披露被债权人申请重整及预重整进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "34b773148c4060bb0691805fc94e797c3e4b19b99922eff7d39c70420220a480", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-06-22：部分董事、高管公告增持计划。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "811d43a091d843bd6b5f3c17a974dbd782229c1ddde1a4168830b27466e85bc4", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-06-27：董事、高管增持计划实施完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6cdabdacfd3d6dc11d9420d9872b6b004ad346b5b8ce4c61a7023f39c4b79631", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-08-01：法院启动公司预重整并指定管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c01832fc9a7471df9a4685302f51006a08c19b5f40637cd6f74302ea6310593b", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-08-08：预重整债权申报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "433549a9833dd5ceb00445cd73186d14dced744dbf416f6858cbade0906cbd4a", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-08-30 和 2024-09-30：公司持续披露预重整进展，同时提示证监会立案、正式重整不确定。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "38506f2dd503f436e94340275981a9741535b11c49703f60e8ad16d5da146a27", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dbbbfdaa83d287cf68686e9b13e13d7dc74554aa200aacdae184d6ff6b15706a", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-10-29 到 2024-11 月：股票连续异常波动，公司反复提示基本面未变、风险很多。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "afeb7209301375db8bc92331435eb61a4cb4055a78726019944ddb647706cd4e", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-11-25：公司明确提示股价表现已严重偏离基本面。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5226b08e3b68606b04262169c3943baf57618e15de5fc37c3a92ad3705e986a7", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-12-03：公司公开招募和遴选重整投资人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b987f6ef016b57fe1b78563d928b3933d88eb51832f49717f4e9066f56f724cf", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2025-01-23：遴选重整投资人征求债权人意见。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dd60b3b083055a7ba86b511b8ac2d7b670f29ee7ff9c6d1da678c0c1b4e7bed5", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2025-02-28：预重整投资人已经确定，但协议条款尚未确定。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d024aa5e8f077806c8538034bdcbca4a4e57e35b54aa5e1d2cf9e0562e77e7c", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3744f4a67b85642d4b6e48e15393c8909523c77a738629fb90105213c20c4798", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-06-03 到 2024-07-01：约 `-32.35%`，早期风险暴露后继续下跌。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b0f592ec48591ef9f44cc647443860daba812315d2eb3567d2528a758032eb97", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-07-01 到 2024-10-24：约 `+106.52%`，法院启动预重整后到可转债叶子前已经明显修复。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8e0e03d088d6566f522af5b6e74b9b0a8b8c9567126bac3a7c607ecff648ec22", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-10-24 到 2024-11-29：约 `+109.47%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1619274eed331664bca7104f574c1d6e641b42543564a9293b1b7ec163967f30", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 2024-10-24 到 2025-02-28：约 `+97.89%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b03630598d77de59243a8794a0701b485f779e65f53ecd663db721bad14a5a12", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94f031293694211906fb936a1e76450da60f6d677f4fa4c2d2f8628d9b775fee", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "这条故事成立，但不是可转债不下修利好。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eda838a49130e65673ca2b000e832f519407f708cff5be3d7ffcea264eb38342", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "`债权人申请重整/预重整 -> 法院启动预重整并指定管理人 -> 债权申报 -> 可转债不下修叶子 -> 股价异常波动 -> 招募重整投资人 -> 投资人遴选推进`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75728cfeb04957b59d2081789f13a812d9e9f4acdc360f933a6a0e0a4794c4aa", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 可转债下修、不下修这类金融工具公告，遇到 ST、债务、预重整背景时，不能按工具条款单独读。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5cd2bebb4ba1777d837129d827ed0567bbd56217620f4087d31be72c19700a42", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 预重整节点比可转债条款更接近枝干。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a45e85f64be8068bfd197d64e631a17edabce1f7497fc3d70c2660524bb323b6", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "- 公司反复提示股价偏离基本面，反而说明市场在交易期权和预期，不是在交易经营兑现。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60c926a248c77846265433b3898cf2e09e6ddf7d486dbe96ff65e7926ef73779", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0031_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0031", "raw_excerpt": "`mirror/data/result/darkline_hvstory112_to_119_002822_pre_restructuring_cbond_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f54c4393b797d00572f730999510e63e90267ddb58d7fffe23db35fe5089ff0", "source_reasoning_step_id": "DLCASE_LEGACY_0031_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "## 案例：688102.SH 斯瑞新材股权激励叶子背后的商业航天关键材料产能链", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc702cadd0734e3f70ad2d09f8d95856b1516b0324c9a83ea604f52a0b249027", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ad27191b0391de6f0298abb2a4a8045696cdb332cc320da2eadf706b8205fee", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事，同时挂到 L2 商业航天/关键材料风格拼图。入口叶子是股权激励行权条件成就和股票异常波动，但真正主线是定增资金落地、商业航天关键材料产能实施和后续业绩验证。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9f1f8e6faf3e288f895c6ba7ea47d40addf13262f182f7db678c1f5d2b2376c", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b3af90f6a3decfb4f85b2d76620213673d439f281123bff14aa35327397b654", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "2025-12-11，`688102.SH` 发布股票期权行权条件成就公告。2025-12-13，公司发布股票异常波动公告，称没有应披露未披露重大事项，也没有发现热点概念事项。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7ffeff0eb1ff6790d3ce0c2ec9d3f195f97cd794fb4dd92732f4460d8b3a118", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "如果只看表面，很容易讲成“股权激励导致上涨”。但股价 2025-10-20 到 2025-12-11 已经涨约 `+72.93%`，所以 12 月公告更像迟到确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdc3485519f520ab6effed25ab4b90f56a4599749ecc31178d44538714dc498b", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db94760b3da53c690e9f55d6144a48ed1265e752e645196339ca6d534b82a6e3", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa3945559bf1d1f4df38786dbac79a7e63140751baa1eb34b257c5c00031f1b2", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "COMMERCIAL_SPACE_CAPACITY_AND_MATERIAL_LOCALIZATION_REVALUATION", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd1f446beb2ff0b4aa62e642d01bf6afae70634904855577daa2c7f06802d889", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "大白话：市场不是在买股权激励本身，而是在买公司商业航天关键材料产能落地、定增资金到位、新产业方向开始放量的重估。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa6e78add62cb17736db1ead6e0917095364b87a29947b8d0ac87ade592e457c", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c15e180e02e4a6410d405fb48c575e8af61539349cc4aab472ab5bf9747d5250", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-08-26：公司向特定对象发行股票获得证监会同意注册。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "428142e33fd577ac1c6dd761bcd4263a501360ca12fe3652f9657f1e8bde0e0f", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-09-04：募集说明书披露液体火箭发动机推力室材料项目，并出现蓝箭航天、航天科技集团、星际荣耀、九州云箭等商业航天客户/合作线索。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "78570eb9b59d9b0328b7168834db9c8c97cdb283da6b9591c89a71cd870a4b90", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-10-01：发行情况报告书披露，定增发行完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f7fc62dfe3a152d497a41bff9f7f81c4d088264d91072c389b651c4600239d6", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-10-14：发行结果暨股本变动公告，发行价 14.38 元，募集资金约 6 亿元。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdc990df08886520443613ba358350dab8392e3713ed938527238dfc9d7c4421", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-10-18：募投资金安排明确，其中 20,000 万元投向液体火箭发动机推力室材料、零件、组件产业化项目。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26f640f056fb3f667ef52a78f2f22f93afb849b6a27640f2774718c59a5e6c0f", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-10-18：公司向全资子公司增资 4 亿元，其中 3.4 亿元募集资金用于实施募投项目。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d82ee83707383294a2f1c6c736d1278480487b7163c06d90d6c4fb9d0ceb6f85", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26d3fcd727ad590392b363183842bd50051370530e20fa2bf9e4626eb49cb805", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-12-11：股票期权行权条件成就，内部激励进入兑现窗口。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82477c368c76e228fb194f9110072162315de866cbca8de5b7b83f1228952f8f", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-12-13：异常波动公告称没有未披露重大事项，反而说明市场可能在交易早已披露的产业化拼图。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f9fa3f1ed18758a2e31a01e665f86a2861a9d27ab190520086b416bfba5892f7", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2026-02-25：业绩快报显示收入同比增长 17.66%，归母净利润同比增长 35.04%，扣非净利润同比增长 41.26%，并提到募投项目产能逐步释放、新产业方向开始放量增长。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e9a084e1b37edba2197e4888ed11d750d98f78d42cef2c121d3c7654354a5e2", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5be405369b85eb0567005cecd1aaa9c60b9c515645d0b9f206f4f3582f2727b2", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-10-20 到 2025-12-11：约 `+72.93%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89e349bb18a61b7cfb314e288de508080d896b2cc3caea1f399f02ac8a94ca9b", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-12-11 到 2025-12-15：约 `+25.97%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "caf6d735cfd066949f8bc8911590dc8cf823ac65cf56e2d2d724d87c8f0a6178", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2025-12-15 到 2026-02-25：约 `+7.68%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d3f5126f916938c31ccc17862711f99ef6a69ebc608dc85e109abb3e349eb297", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 2026-02-25 到 2026-03-31：约 `-6.12%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e44e6a3344689abe62d8aa449b569480d58f77f9c84b482c89af54adc084fd9", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1a2b8e6147fb5689fab9de9c05b64b246d9531124d43eaf45da8c1b64f079f9c", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "这条故事成立，但不是股权激励直接导致上涨。更准确读法是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2802346866683fa0a810faed70654a5d3d547478d160810d442bc45cd5a671b", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "`定增注册批复 -> 商业航天关键材料披露 -> 定增资金到位 -> 募投项目落到液体火箭发动机推力室材料产业化 -> 子公司增资实施 -> 股权激励/异常波动叶子 -> 业绩快报验证新产业方向`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "86b69fbaf5aa0781ed0293bea20329d74d2e84f706a2ef25a3c7484b017d3cb5", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 异常波动公告说没有未披露重大事项，不等于没有暗线；可能是暗线已经在更早的公开文件里。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0936883de94026d7c11eaaabaf5d612daf5fc894b9b3740e69e604e926a7561a", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 股权激励、异常波动这类尾部新闻，经常只是迟到确认，不能直接当根。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3525750043240e02e91c6bd001e57a5ef0262dba35e873c531fa7be6d62d7e5", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "- 商业航天、关键材料、募投资金、产能实施、业绩验证这类节点可以形成“高层风格拼图 -> 单票显影”的链条。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ed4f2753d3781ddd6e3335895f0004f9ec3f037ade6ee49bea637ec86bfcfe1e", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0032_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0032", "raw_excerpt": "`mirror/data/result/darkline_hvstory120_to_127_688102_commercial_space_capacity_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4188eb75149ae58f9a8be6d5135600682352dacb1c307ac5bef47f13cda0382a", "source_reasoning_step_id": "DLCASE_LEGACY_0032_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "## 案例：002713.SZ 东易日盛诉讼叶子背后的预重整执行与控权重构", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16bee3abbe0a0cd8e7e70f274dd8dce9d2449b9705e320f519e746276fbeab89", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6842bbf602d0adea9e2ae23ff3f1ff04e5be635910677e0114487d57f4ef50ad", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是 2025-09-17《新增累计诉讼、仲裁情况的公告》，表面偏风险；但真正主线是预重整执行、投资人落地、法院受理、资本公积转增和控制权变化。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc2598bb8d67a7e1a25f8060a5159b56859dfbb7a5016de6d9e931a9ae84ba98", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdf89b37a2d4ccd7ed5557b3c6aca7cc5d7980a5b92cfa311146e0ccdc56c5ce", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "2025-09-17，`002713.SZ` 发布新增累计诉讼、仲裁公告。正常直觉会把它读成利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f99a4866c99d8d9ec20055391de11e04c72bdad216fab8d9c902f740944c4458", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "但 K 线不是普通利空走势：2025-09-17 到 2025-11-20 股价涨约 `+243.81%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19dd3fb03912513314b4ce401d1035ee0fa79e8dd2fff578f81f592478e41a5b", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3f41aced1ec293ae6469a157b0aace16b0828cfa4f3b1ac7465f0293ad28c221", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "612cffa9a3a9d295ebb96bbfc1d71f26506bb3b1cc22e1c86962ed2f636a231f", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "PRE_RESTRUCTURING_EXECUTION_AND_CONTROL_RIGHT_RESET", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "948a791b4362f83a9f79fee8001cbcc5d13da2cc7db4f05ff03c46b91f7a9a38", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "大白话：市场不是在买诉讼，而是在买困境平台通过预重整引入投资人、重置债权股权结构、完成治理权变化的概率。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b9cac5f5b9402ab179bd83028a8a7493e9eccab18f50240cf08cbcddcaad751", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "326de2b53c27b2e4f47ef33892fd79d62171c92d57c9ee759c8ca9f01be24781", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-01-03：公开招募重整投资人进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c90d06d8c91b3571d17d82df2494387b3de5b5f611f3b362fdf066ff032ecf9c", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-03-19：与产业投资人签署重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "76e904c5e7141fe302f269887e1ddd3e5cead76f852b150d990d63f1026dda0a", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-04-17：与财务投资人签署重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c11ddefde6ff40f86c07570c48b4ee7373ad3aa7b9dd0387e1fe0e6992d47f59", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-04-29：股票被实施退市风险警示及其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "31384486959969a461d5c7a5743413db643928039793c9a4586923a34314d8dc", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-05-16：控股股东部分股份将被司法拍卖。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d7cb2dde268580cb9c372e224bdb5558887bd7ea2d4f7151094a46b95c963be2", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-06-27：控股股东部分股份拍卖过户完成暨权益变动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25ae93c98ff30bcb832d4d47c9e4a040b5ee4b4fbe69fae16ab4962c213080f3", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-08-16：更换部分财务投资人并继续签署重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "08454115e9438f3222ca05e4ff7bfd6e7b9d369f42aea7819e37d11537d465dd", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "00eaf402021c5c8006680cd56983a5e7774a4d4f5daca1d372667ac59622034a", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-09-27：遴选重整投资人结果及签署重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "54fd968af18f553f40690ee9b239f171a6cb66fac96b11b8adc7d0e7740205f6", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-10-10：预重整方案披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3ec7dcd190ea61d8fe8e752d9d49a48678121bbf938ea850ced1abb19b3ef303", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-10-15：债权人组表决进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "56f5cc2005fc52f505544cfabe31c477bb995eb6ee038a0eaa414c8513aae11a", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-11-20：法院裁定受理公司重整并指定管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6cdb8a047c2c346a5793bb2359b017ef307ed11cc64f5ebe86fee0f904aa0c05", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-11-27：法院许可公司继续营业并自行管理。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b801fb42df252be2205797f800ac2cb8d454c825426e4aa63d06c8ee32ff458", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-12-22：重整计划获得法院裁定批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c3fd13478873142e6c2d789e5a4f8685af9f4ea09f879304275e5f4225f7dc26", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-12-30：资本公积转增事项进展并复牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b15bb447f2cd27be59e39f82a998895893c90dea25d3b33a45345b4227f2c719", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-12-31：重整计划执行完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c26daa0689a7f17a252c94e5477f4ac7fcf89c939eb86137dbcf1f936e7d04a", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2026-01-23：控股股东、实际控制人变更披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0eb693f44d635330d663dac979c20d0e837e17c4252a40afcadfe18454856d49", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2026-01-24：撤销因重整而被实施的退市风险警示，但继续被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e62c1b2028b5658db82a04272f553929d0c3e6716ac357eaddd3e257b277ed33", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "341abcf6b78e1353843f56ab4c9516ab05bda20bc1a1925aa972a59f4f6c81c2", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-09-17 到 2025-10-15：约 `+42.04%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4bfb4183392c6043d6f03e6a221d18a41eaad71b4bb97bd737a18647dd7d0b32", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-09-17 到 2025-11-20：约 `+243.81%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e670646a71aca2a2e074b4b657997147efe09a12e14d320511becf7113303d8", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2025-11-20 到 2025-12-31：约 `+15.57%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2f5f85ad4323ea060a632fe191f04d8b857e14a98e506ba160782c3b6a1b359", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 2026-01-23 到 2026-03-31：约 `+27.80%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8121edf2d7d99a66c4fd5cf1c2ab7565d513dd5a29aed1e5da4db861757ffd46", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1df9afb04b5030578d97cb0b9dbf77c989715b5f69faa47294a725083c07259f", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "这条故事成立，但不是诉讼公告导致上涨。更准确读法是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a50bbd1d13561671a5e860c2538f1b700c698ed88bd6f926824888588085acfc", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "`重整投资人招募 -> 产业/财务投资人协议 -> ST 困境资产定价 -> 控股股东司法拍卖/过户 -> 诉讼叶子 -> 投资人遴选结果 -> 预重整方案/债权人表决 -> 法院受理重整 -> 继续营业 -> 重整计划批准 -> 资本公积转增 -> 重整执行完毕 -> 控股权和实控人变化`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c846fe132bb3980e76b4dc5cee83c5a58c7b3049a9dab4acaa630f6f479b5fd2", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- ST/困境公司的诉讼公告经常只是风险叶子，不一定是主线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc8eb2b7ca213f225868cf6e916da92e2e1319826e18909be4e658af942eb6bc", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 如果公告前已有预重整、投资人、债权人表决、法院受理、转增、控权变化，要优先追重整执行链。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f2e325ee34eb25a56af8e8448190df90a654ee1e07b31ebae589e834591ffff", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "- 坏标题反涨时，不能先解释“利空为什么利好”，要先问“这个坏标题是不是更大资本结构重置故事里的一个叶子”。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c655f54f91f8bfcd984585702ae4abb72584a8932d72259c8ce1f107624db06", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0033_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0033", "raw_excerpt": "`mirror/data/result/darkline_hvstory128_to_135_002713_restructuring_litigation_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "107577a2ecfe0a7c9ab9bbf8ec1a1bf58803da36c771348d27141ddaca4a1cfe", "source_reasoning_step_id": "DLCASE_LEGACY_0033_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "## 案例：603959.SH 百利科技立案叶子背后的司法拍卖、资金占用修复与风险警示撤销", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ee5a4885e76b63e2d6c93b7a91b2e4a56ab0adb2a768f115d6a402ebf0f934ce", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "961d82e8b335674e4cbcf1b4c0ea383ff337910df0826704213ff2ac1408cb41", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是 2024-10-10《收到中国证券监督管理委员会立案告知书》，表面是监管立案利空；但股价在 2024-10-10 到 2024-12-31 约 `+160.82%`。真正主线不是立案本身，而是控股股东债务压力、司法拍卖过户、资金占用清理、风险警示撤销和第一大股东变化。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "91f7eb93fa397e97253753396277e4754d6f5d46d0f0e438bc4bc7a8c4a6926d", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e57b969f99c58c35bbc9797b060481b2780424be28ad9d6f78bdaa3c8e700eee", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "2024-10-10，公司发布证监会立案告知书。正常读法是利空：监管立案、资金占用、诉讼仲裁、处罚风险都在增加。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9e25f6f4f6c521ed6a911f73602be3af619797f905ada37d93c2e0341042f57", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "但 K 线没有按普通利空走，说明必须问：这条立案公告是不是更大治理清理链条中的一个节点？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f836783fa381c1dc37c5da54ad38f10bdbbc9ff923e9d17d9a00db2995f68d8e", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9928fd6808f411e0620053c22ad8d9bcd3953e13df18540cce1189d11955468c", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c9a2b990d5d03298eac295015fb5363a695cc8d857476f4d161589babf524ef", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "CONTROL_AUCTION_RISK_REPAIR_CHAIN", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ed18d359fe5ae5271c9e20ddfa41b89a253d4a6cb4e5f352901f523528739bd4", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "大白话：市场不是在买“立案”，而是在交易困境公司控制层和风险层修复：控股股东债务压力被司法流程处理，股份拍卖过户，资金占用最终清理，其他风险警示撤销，第一大股东后续变化。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93cdd2ea05bc5b8276fd46e21f50c022e4e7e455f955849001e56986dcd355f9", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5c7f86eb1a2e4bfea7e049aebe0c3b0119cddab3d63851e2a6a1885abc99949a", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-01-06：控股股东股份被轮候冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a1288d568890c3bc1ff698d9635b1a64fc6966ccf25179f2bb9c5287a14c565", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-04-30：公司被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d4073307d6f60a5026ac7ac90b08bd91675875ee348e13273431f6944420ba4", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-04-30：控股股东及关联方资金占用被专项说明。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1592016353a4c74ae962ef13b6b574af189e5008d595a4e04ddc3e2950f10e54", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-09-10：控股股东被申请预重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2c3ab28851e68a87d169868c261fef6887dfc36671c45aeb1ab6cc74851c3f13", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-09-24：控股股东所持部分股份将被司法拍卖。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc561df50aa640cd0c2c076d6f8f0e069510a5b370027cf023377a70e3427cdf", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-09-25：控股股东预重整继续有进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ada5fd7470b2107cd36e8f4fee6553743e9463816db1c3f51bc8785061bdefd", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "这些说明：10月立案不是故事起点。更早的主线是控股股东债务、股份冻结、资金占用和风险警示修复。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58c76def5951b7d20c0d646d648ffc85875350743d4b9f5ada1db6e756e7db10", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b90b942f43f79462078f8c4891746f05c686b6f0d1f5cb7660e8fe91ae0e8a6b", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-10-30：司法拍卖股份完成过户，并解除质押、冻结及标记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6aa364d37972eb9cb0bbc99a4249869777dcdf72b920bad0c6052bfc48628f3f", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-10-31：其他风险警示相关事项继续披露进展。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e397cf7c75546692896ad9e1eaf22965b44c0a419bf5e35a7a5cd2e852aaa8a", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-11-12：上交所针对实际控制人资金占用事项发监管工作函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c72d2e2b9a523f19a98929324cc812f05760f2b035c3f4b3641efe53342fc4ed", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-11-30：董监高增持计划实施完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a643649a983e50dc5430a5417a1c7ef233c61048e99d7820a8e7bfb81e9d43d2", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-05-31：行政处罚事先告知书落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f8760decb84c6ca462bbc735855f4049c752dae7b32ce1e5be10877b239652af", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-06-07：行政处罚决定书落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9490c94d0a3e06883388208b9f5aee45173f4cb557ea8fcc4c83f2581e7db238", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-06-28：关联方资金占用完全消除。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2bbf5df7994200f228397599f150c961f015d7a5ac620e2adfbfc8cdf97166e", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-06-28：公司申请撤销其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0a858ff00fc302b7b901c07fd0d2acd5668fa9a8c0d8bfced68c05a8313e6a9e", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-07-12：撤销其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "395af97af4f28533a4d08e2defb38e5db2f774627874c8ca2a5ed73a34ff6f71", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-12-12：第一大股东发生变更并完成过户登记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5cfff7627fd5216441bf8df4d38edb92f466639086caa4dff73c646bbd28ed22", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-12-27：接受关联方无偿赠与股权资产。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "60e720edbd894c145d0432069dad51cdecaca12b1cf4f4cd3cab012c933c10ef", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "09aaaff193967f59ba5adc56bd76e7098a781b57fe87db346abc2d720e5a6a4e", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-10-10 到 2024-10-31：约 `+48.54%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9cbb5043b8368011776a971ecc468ced2f22b813e13e704f4a54509f0e80690e", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-10-10 到 2024-12-31：约 `+160.82%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26a8a54534bf03b8df124dbdd2051c3cd23892d9ce624051c8ebd2690618f6ef", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2024-10-10 到 2025-06-30：约 `+257.31%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f047a1417dbda58312e371f17005033d4715afa4fa3727fc6f30594fef0cf310", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 2025-06-28 到 2025-07-14：约 `-6.38%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df66fa1fe409c7d169d487d0ded475daa8d8857f20dd51b23a5c4428438a18d4", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63e03259c7e354cce6340663f377dba12953577da86a261aabf2b127a2758490", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "这条故事成立，但不是“证监会立案利空变利好”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1b9447d487cc3c88629606c2efe203e5db7a6857e959e50f5e3a6fbfd0e8077", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "`控股股东股份冻结 -> 其他风险警示和资金占用 -> 控股股东预重整 -> 司法拍卖提示 -> 立案叶子 -> 司法拍卖过户并解除质押冻结 -> 资金占用监管压力 -> 处罚落地 -> 资金占用完全消除 -> 申请撤销其他风险警示 -> 撤销其他风险警示 -> 第一大股东变化 -> 关联方资产赠与`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "259c2dfaf1b50857f43edfb20c66e3dde7c269e96301ba73faa78a4e134ecbdc", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 监管立案、处罚、诉讼在困境公司里可能只是清理链条的叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "72ddb4003930a097d1799644039322f069d55ddcd455d18a437f5dd8ae90733f", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 如果后续能看到司法拍卖过户、资金占用消除、风险警示撤销、第一大股东变化，要优先追困境修复和控权重排。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b4872c993c6663b1a04c5830b55d291340b2816731402a8f8a723828ca326f14", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "- 924 这种上层市场风可能放大困境修复票弹性，但不能替代公司自身证据链。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e2c1f8ec4b15d3c8d5ee73efb4cfbb52794085ae82e5e36ca14775eb58ff442f", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0034_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0034", "raw_excerpt": "`mirror/data/result/darkline_hvstory136_to_143_603959_control_auction_risk_repair_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1855dcdfaa19e56e4ca4f7a702bad5a7b72e917dd3e2c55a136e8ba6af63e332", "source_reasoning_step_id": "DLCASE_LEGACY_0034_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "## 案例：300472.SZ 新元科技贷款逾期/诉讼叶子背后的预重整债务修复", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "84151db819b38c6b1ae1e09716ecb26af544a14842dc0e44845c17ab9874c200", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c04fb9b967a96772a692b7923ba6aa7d375f2d5382f19680cb476b252cb194d5", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是 2025-06-27《公司银行贷款逾期暨重大诉讼的公告》，表面是债务和诉讼利空；但股价在 2025-06-27 到 2025-12-31 约 `+161.02%`。真正主线不是贷款逾期，而是预重整、债权申报、投资人招募、债务豁免、现金赠与和控制层压力释放。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e23677583e1f877fbdbc666ec0cac542557ff70f80cf01607ca486820d7964f7", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f779bb7084d58d84d05dc5e3731d74d3789ee89cd2b5ab3f64dbef0a19b9b51", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "2025-06-27，`300472.SZ` 发布银行贷款逾期暨重大诉讼公告。正常读法是利空：银行贷款逾期、重大诉讼、债务压力和退市/ST 风险都在增加。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6be8276165329f993456c1327fbb7a5faa24bbc83a0cce030d503b7ed08341f1", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "但 K 线没有按普通利空走：2025-06-27 到 2025-08-29 股价约 `+105.08%`，到 2026-03-31 约 `+191.19%`。所以必须继续问：这条贷款逾期公告是不是更大债务重整链条中的叶子？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9b2d72a8c1a966fded95cbe06189f5d8fc05cf21c952076031992552e425b27", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7dbc886915532ec77bf6e2fad51fb94eaffa61c778052a0a474e44111f163784", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0469205ecac9702001c4e8ff09eb0ae1a89562afcc7c77fe37750ec9fed1e343", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "PRE_RESTRUCTURING_DEBT_REPAIR_AND_CONTROL_PRESSURE_RELEASE", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc66b3738aa7d2847548b0b90008d0902c2dff6ddf24da7a0638e1e064b8d569", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "大白话：市场不是在买贷款逾期，而是在交易困境公司进入预重整后，债权人、法院、临时管理人、投资人、债务豁免、现金赠与和控制层压力释放共同推进的债务修复期权。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8583be0d68087912d3b4e5297f0890170ea5e3074221b58636dcf5d36e22311d", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53d829aedd7dcc24b3671a31f05bdf47e94842fc9c20b7151f908874ad2e2d6b", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-02-19：公司及子公司银行贷款逾期，债务压力已经显性化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ee01106b49abf18fec4d77db7e85ed413ebb87a70293674ff08955d276ea019", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-03-06：股东股份权益变动，控制层压力开始显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dfff329842c675c8ff069cd7f24b4a416a5c3df1d1fbc371464cf9e635307254", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-03-12：子公司诉讼进展，经营压力继续显性化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e4db38b57a3dbd9e20af782c8e9220d10e3c62d43777834c84396ce3860a5ad", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-03-18：生产停止进展，基本面压力加重。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3e5ebc51fe918a58ee4c83636233d91bbd8fa7db88cf5bae03013343f2a70aa", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-03-27：证监会立案，监管风险进入链条。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6a8badb31edb4ed81c8b7a16609cff8d4500b6a1e7d3a71d0769361d0aa94d8a", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-04-28：披露退市风险。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63179dbe1761ba5d87d49d98d9c30b47178a8675e428451a98c91084713f57d6", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-04-30：ST 正式落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4639ae93edde5e7d5b4fd4908881e9c2e4cfbf4799ab8aa96ce1e7deb593de24", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-04：资产查封。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63d22ccd2d5e37ebe5728f3da28c8d7daea857c45f937d3cee26545d33ca0b71", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-16：控股股东投票权诉讼。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cad785fc00fa43c1958165e6e6833ff75800586fb67efe608d86f8c5fb3a31ba", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-18：实际控制人被限制高消费。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0985c025c38278e5bb779b71ccfec21f37e56a0d4f313c7388b221b14ced8d32", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "这些节点说明：6 月底贷款逾期公告不是故事起点，而是困境公司风险暴露到预重整前夜的一个叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eef560437cf0b6328ffbbc179866616971cddaca2285e31723272823589a062b", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0e74b7e387846674b64056e739f47f952ab230010e18c9c09fa87cf878b140c8", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-30：债权人申请重整及预重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b4e802a258dfb285621500f3ff89cdc2550574ce3f83a401b2ac6a5d2fe6b9d", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-07-01：过渡期工作组成立。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6542f2793e5788423c1834e2b0fcd9c1c1e2b2b493b4391b290c35e1226317cb", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-07-04：法院启动预重整并指定临时管理人，同时启动债权申报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0229eced8d7397f7338687240a47bdf6772e561505fd63b76384150b60ae1253", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-07-28：公司公开招募重整投资人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba17d48829d82cccedf073fef5aca9e642c6e77e19b39312d7a0cf4885b986b5", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-08-04：披露预重整进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c95c91a740f4f529ec018a10521f306544221c78f7abc5419fced2cbd18e4670", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-08-11：延长投资人招募期限。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab48e9246170c7dbfbb34851cc7323f2dafcbcab3d4f503bf9cb0cab74296076", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-09-01：投票权委托终止。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d96850437ee2df2236964cd3eb6d8113abc08f522a5828e2fbfd2bf408f1aef1", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-10-25：债权人会议召开，处罚事先告知书落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa1061dfd01f02e21dcb063430b86dc867cebe6fc85950d0bfb264a97ba3c1ba", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-10-28：实际控制人股份拍卖。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b872366c5cbb3538a0eb557011efbe20dfa63a6c520911bc4bad64f323f38f27", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-11-12：重整投资人招募进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06db34885733ab2b8204184e34f3865fbb2065c8cfc825b1cdc488ca56aa2c2c", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-12-11：产业投资人协议签署，同时子公司破产/重整推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "349e649b1581eaffbb7b404eaeab3682a1029570cd753426967410f2e80d9902", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-12-26：债务豁免和现金赠与落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3521a1bafc386b848b3441047d96cd054bbe31057095f605ebdc96850b1bc2a7", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-12-30：债务豁免和财务投资人安排继续落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f7a313dc2363572f37b7ea15c57dbe0b0bb279da9db8c21ba9d7b555f0c4e36", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2026-01-20：实控人股份拍卖过户。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15cdc60387c221041f933e8f9e80b4774f582ecd2e96aa996a38a44a765805b1", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d643607a312a4a76a3f86949cdcc4b70ea5896c7f0ce4f05b5addc48689264c", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-27 到 2025-07-31：约 `+58.98%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a242ddb83af663c4ca6a60ba396a16d2d8e9756a1d2997f9e214e5bbb81071bb", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-27 到 2025-08-29：约 `+105.08%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "17bec53a5be686b1030c2e4594ed5a10fffdddb02f613bf39741ba37785ed4b8", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-27 到 2025-12-31：约 `+161.02%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70a4c475ac3875facdc8cb1c2caa1a38f8403ec751c547f41a3e2ef885fb416a", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 2025-06-27 到 2026-03-31：约 `+191.19%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "689587f5fcee87155915786f8e9ee6c34166fdf39dcfb20bcafc76e25a946809", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abfa1b09e8fa1238e73dd18e36d1ee65ee705ef3bef1445c53c389e280ce3bef", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "这条故事成立，但不是“银行贷款逾期和重大诉讼利空变利好”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab3ec40aa38f0c14bb970349bfca3afeacd047762e5f9a0d615d248b772d07bd", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "`银行贷款逾期/重大诉讼叶子 -> 债权人申请重整/预重整 -> 过渡期工作组 -> 法院启动预重整并指定临时管理人 -> 债权申报 -> 招募重整投资人 -> 债权人会议 -> 产业/财务投资人协议 -> 债务豁免和现金赠与 -> 实控人股份拍卖过户`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5dbe8c500158ca60406e6937a69cb6831e8257c8b03aa059e7439810fd599f82", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 困境公司里，贷款逾期、诉讼、查封、限高、ST、监管立案可能只是风险清理链的叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0c9e79aac5b6ff62fb52a6c692ccb64731490be36fbeaca9af001b2f5933bec", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 若后续能看到债权人申请预重整、法院启动预重整、临时管理人、债权申报、投资人招募、债务豁免、现金赠与和实控人股权处置，要优先追预重整债务修复链。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "300d5bdee5360b4d4fbea98ecb32e4792e6d5ff76a5f06ab8f4539ad2ab34dd1", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "- 坏标题反涨时，不能先解释“利空为什么利好”，要先问“这个坏标题是不是更大债务重整故事里的一个阶段节点”。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75abb293e7674d88b1201b9084fce2c81b6abe267d2af77d3cb47addfcd05911", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0035_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0035", "raw_excerpt": "`mirror/data/result/darkline_hvstory144_to_151_300472_restructuring_debt_repair_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2c4ba5cb65926611f950f2d2df2e7f21aaa0f5c2c577cad4b5fa32bf72fd0f63", "source_reasoning_step_id": "DLCASE_LEGACY_0035_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "## 案例：600530.SH 交大昂立审计保留意见影响消除背后的控权稳定与治理修复", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f10de3ecdb49f7f6378d7f5270dca7dcaeaf1caa41c819d597af7abdb2f1a456", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "987f8fe8994cb48bd56ce3ca23a212d6eee170f62c9914064dea8960a53a7850", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是 2025-04-29 的 2023 年度审计报告保留意见涉及事项影响已消除。表面是审计事项确认，但股价在 2025-04-29 到 2025-06-30 约 `+100.88%`。真正主线不是审计报告本身，而是历史风险警示撤销、控股股东增持、要约收购、业绩预盈、要约交割和治理制度修复。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7783becbb96df778deeaf0f0e02a1f6d48848396290b25bece8cb657e67e44d2", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a2cb31de6b32dce9ef2fdcb246ab1d624fdcc4a218063d7275ea4950a0f232b1", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "2025-04-29，`600530.SH` 发布董事会和会计师关于 2023 年度审计报告保留意见涉及事项影响已消除的公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cf0e11135f2804fdbd88d7824d400fb729bcb7582b9368c3c46fc2cbfc48003d", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "如果只看表面，它像一条审计技术事项。但公告后 D20 约 `+75.00%`，D60 约 `+100.88%`，说明市场交易的不是一个单点会计说明，而是更长风险修复链的确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3dcc5b9c37bdfdb7de9057083e21148f66ebb89db57a8e9e92af02636459c5e7", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "407b127d8ca13afc0967fc3b44e80ed91445f2d64ce8e93e1aaf2e0141018810", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a96f70ae0573290951318653c8ea18148b2b1489199701afe9cf57e243c0429e", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "CONTROL_STABILIZATION_AND_GOVERNANCE_REPAIR_REPRICING", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46f757eb0dd2bfec310bd9877abd0a83c261a328c76bf4134cd2f2dd8da07e50", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "大白话：市场不是在买一条审计公告，而是在买历史风险出清后的治理修复和控权稳定：其他风险警示解除、控股股东增持、要约收购、业绩转盈、审计确认共同把公司从风险资产重新定价为修复资产。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f3d2e4757fc1f6f0bd937ec63bf98c525f554d4f2f15c1016ffe5ef062569a2", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ad257c0e1f24be1dd06bd64cf693aa3f4935f3bab0569192f9a437a20f5b114f", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-01-06：公司仍在披露其他风险警示相关事项进展。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1617f458f48701d0cee464a2231485c495c8a9c40c0cd28d4f22f19e34dc7562", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-04-27：2022 年度内控否定意见影响已消除。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "876cf0f0de0f000d6eafdc274f5c0382e31610b7cafeb94fa6dfef54a81429b2", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-04-27：2023 年度财务报表仍被出具保留意见。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18e4123c8e8a9dbea890932921e59fa66af263c6a4265ddfe307cd3924ec5a1b", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-05-10：收到 2023 年年报监管问询函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c50428a446f7f513138caf1ffcd37318bc473c1fbc646cd64f8d9c247a7875e", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-05-17：控股股东增加一致行动人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47601e8905fe23a72c67f1825256091cd252a96e1b9d7a36ff8e3dde125c6f0c", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-05-17：控股股东及一致行动人披露首次增持和后续增持计划。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6c5b95c36ddf0882a85d5bfa16cc993b88e4d9287fd6bc1b03b44111b8c69d8f", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-05-23：收到年报二次监管问询函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e14b38b86853a99f55335b9d481ada4cc7ae980f5dd1f22bae198a706a7cd7c", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-05-28：控股股东及一致行动人增持达到 1%。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2cfc829dd234f4c97456ae9ecbebe16ac14301844444177544d102cdc57645e8", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-06-12：公司申请撤销其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ad314a8d1e59ec15ed94ad30767ce7fb982dae20b37328fd8aa3dedc8150eb7", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-06-20：撤销其他风险警示并停牌。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "67e15ede21da888d11da5fa46d1e881de8978e34e6384a48c9d3daad2811f326", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-10-25：控股股东及一致行动人增持达到 2%。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27cb3c37fa36db5e8b1f458240c25a97e6ab3b9e5a983f070693c7ab23e067ed", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-11-13：控股股东及一致行动人增持计划实施完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3132a95e1f2aa30a901514ae983d4c3c1299198e29b48d4626a18327475d84bc", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2024-12-27：收到要约收购报告书摘要。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "307a5550a3ea3887e7f89e103556917bf732b110eedf6e9d9d7d6dce55381a8a", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-01-25：2024 年年度业绩预盈。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c88a033fd1b6c0828020e379a01580c42af6b73c7d2094a9f9ecdb13b63c55e", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-02-17：要约收购结果暨股票复牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b271347c8145dcdfc1faba9afc85758d5fe286fda123ac8d3dc20f5fd7e30fd9", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-02-22：要约收购股份交割完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9444298dba3901556ca8ab8ae0859595577040f204f4a2cf7395faaeb9f9022c", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "这些节点说明：2025-04-29 的审计影响消除，不是故事起点，而是前面一整套治理修复和控权稳定动作的迟到确认。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "417c598ae80a8b54b1d82f679a29f43757ad8c6c1b4316bb221e92e4ff39ab34", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c00eeb281af6a79edbd7d399c39e0422e8d0d36e40a41e46c1923a9237ebf252", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-05-14：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df95e02e60acf1f743c737ebbdfcaf3bb867e1fdd6ce3eac8ae55d2a593e3dcc", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-05-15：股票交易风险提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f6eb305553a8142423f34defc4613681f94cf536d6922955652f1d6583ce794b", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-06-27：控股股东及一致行动人股份解除质押。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f93feb5e653b74e3295a518910aff1060c6cbca236b16420dbf118563de97881", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-07-09：回复 2024 年年报监管工作函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c32f9fc1b74d05a9283f09dd76121b99704bab351f47a1c406bebea079c30e64", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-07-12：收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ee92d6bc88bb40db5e6f30121ebe76ecbaf1b7c3a34cc2c1146112cabf539675", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-08-14：取消监事会并修订公司章程及治理制度。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d72af069c12e9693e7370feb7e9d6e25d3fe31be27a0fcfa15781d67c74a8194", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "后续事件说明：这条链不是无风险单边利好。它的核心是风险修复和控权稳定，但监管残余风险仍然存在，所以必须带“修复链 + 残余风险”边界。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7fb126762ce2dd1e87793d4cb9ea82b3ea2f52601ce16d4c56b2d19b5414a4e1", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "916ca91b41e8de7ea16376f0608b366f0389d582d417d3aed32a9ea823d1d6d0", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-04-29 到 2025-05-19：约 `+75.00%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6234fe5ebb241809ef5ae006e7ca8eee192c7948c1dda744028bf265cdf5631f", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-04-29 到 2025-06-30：约 `+100.88%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d4e8fa49cdd39708d851b5189b518e73b5764e0ae6193ebc84b50bb67eb3563b", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-04-29 到 2025-08-27：约 `+79.20%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5da81b7b0f741bbb1becf15cb1cb23cf71f6af6c824d4a8cd5de11272e6194ad", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 2025-04-29 到 2025-10-27：约 `+87.17%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f73b0976cb0b7556c291fcf57bae76df021b9ae4c4c0f8744cbf15a05def9ab4", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1726803a9bdc6015ab835e7179c689756db07ed968245e8769c6ad2c8469e9f5", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "这条故事成立，但不是“审计保留意见影响消除单点利好”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c18c20d3d9a7211a5bf7401d097f6e6df2cfaf3ff00921a762dee7976c857f28", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "`其他风险警示进展 -> 内控否定意见影响消除 -> 2023 年保留意见 -> 监管问询 -> 控股股东一致行动/增持 -> 申请撤销其他风险警示 -> 撤销其他风险警示 -> 增持完成 -> 要约收购 -> 业绩预盈 -> 要约收购交割完成 -> 保留意见影响消除 -> 异常波动 -> 解除质押 -> 年报监管函回复 -> 后续立案 -> 治理制度修订`", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ffea088df86312d2634f00770509193476378b6cb280b51018b4a0581996439", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 审计影响消除这类公告通常不是起点，更可能是历史风险修复链的迟到确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0d1f871fe94399ecff39aa70084f2568e97478922dc027b0b45d0574c01f225", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 如果公告前已经有风险警示撤销、控股股东增持、要约收购、业绩预盈和股权交割，要优先追治理修复/控权稳定主干。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c12884bdf69cf1f1c3df1705275c22b6daea8b4ac59b39b0623114ee39a8aab8", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "- 修复链强，不等于风险全部消失。后续立案、监管函、风险提示要保留为残余风险分支。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3af4f61b6863f6aeb2d657ebc292100c3e77ea857a80d0ddeb462d1ec97d59bf", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0036_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0036", "raw_excerpt": "`mirror/data/result/darkline_hvstory152_to_159_600530_audit_control_repair_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9d8318507c7fef596cda695ada13b09a9be8c593c5799fb45be327ad9e90eb5e", "source_reasoning_step_id": "DLCASE_LEGACY_0036_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "## 案例：001309.SZ 德明利股权激励叶子背后的存储芯片增长与募投扩产", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c31454c6a0c06365e4b982ab8e600b4c952b851db15cc12422f02bffc2d205ef", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53b443ae86c401602de8e70f27b49275b522782160ce7422b55a26285e5c5bc9", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事，同时带 L2 存储芯片风格拼图。入口叶子是 2025-10-15 的限制性股票解除限售条件成就、回购注销等股权激励公告。表面看只是激励技术事项，但股价在 2025-07-10 到 2025-10-15 已经约 `+114.92%`，说明股权激励公告不是起点，而是更早业绩增长、融资和扩产链条的迟到确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c3c27634f9c0cfd01f64118ee9d294a55ac5b6c09db6ae2ffc8cb0a5b2d8f3d", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6521f8bdb88b6242dc6994a2e746dae3db372f4740d3bc4d881f195a659cf76a", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "2025-10-15，`001309.SZ` 发布股权激励相关公告，包括解除限售条件成就、回购注销部分限制性股票等。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6c6e1b53b6d941a032f5781bc9b4ee9d629d8d2109a77164df0a0a496366bef6", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "如果只看标题，这是一类公司治理/激励技术公告。但 K 线在公告前已经明显显影，公告后短期仍有延续：2025-10-15 到 2025-10-27 约 `+33.60%`。所以必须问：这条激励公告是不是存储芯片增长链条里的确认节点？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "917b69a3fb07878b8fda52660a05f4430ea0f1fdb98ce5ea581941cdef0f1f7d", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "565ce076bbf25ef95dbc5640a21a6df5c600d0d63daf600e4b73a660f792d304", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8e562739fb2388268f55c8c81679c4414d6b8c240c73d0d3cd27483351e8a78c", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "MEMORY_CHIP_GROWTH_AND_CAPACITY_EXPANSION_CHAIN", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "92d4e4743d043f6bceb3f24fe28026f53b8efa5f69c4159a557aa38d5a45608e", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "大白话：市场不是在买“回购注销限制性股票”本身，而是在买公司存储芯片业务增长、定增资金到位、募投项目扩展、持续激励绑定团队和新一轮融资预案形成的生产力增强链。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0828e62f44875390806b196cca1255f99ebf0d80e39583eacc19220725d2f94", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "50b1aa8f111cc517bb0418bf763de553c8c731219d6942794c67d8d79c9520fc", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-01-24：发布 2024 年度业绩预告，增长链开始显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "78eb30454b10f621a5d0ad35e2c9f991da860813c869c8dcd000459e351ed277", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-01-24：定增股份上市，资金和扩产基础更明确。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f51d6ddf76e96c11cdb08080b228ef0b2e079b5a72e3e7c52822a4446be18914", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-03-01：使用募集资金置换预先投入，并增加募投项目实施地点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19edf95404ed443396fc72e546166776578343f4658283f6fdbf42a3387bb057", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-04-19：发布 2024 年年报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4bb9feb87bb9ae97ad474df2f3a08939c3160d8f24090c2c50fb452d1b3186a2", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-07-10：发布半年度业绩预告，股价随后进入强显影段。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "51ef16b4b83d76dd6e2303926fa0b528769c571e9a3629ffa79fef21a47dd278", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-08-19：发布 2025 年半年度报告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "84ea24ce8b99a33c4a64d1ba9bc9b290b00b2973edc4b6ee3fa91e5538181492", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-09-02：推出 2025 年股票期权激励计划。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53cf1566efb9548146a553d83d17d003c6dd389d86dfac6350aa13b0b5df5ed3", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-09-19：募投项目结构调整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "052a7ef328bf0bffd24ddcdc6d8ec4e1fff7194e0b3a5fed948ed6e640e2cfaa", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-09-25：股价异常波动公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "92ed3df7ecb1c7317669c8a47dbee5ac376ba751fc28548a092c86f279716ee7", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-10-10：股票期权授予落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "938039a5a2386a7fcdca4927f3c15f833fe1fb7fbb2478b5d5ea588f84b673c1", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "这些节点说明，2025-10-15 的限制性股票公告不是故事起点。更早的主线已经由业绩、资金、募投、股权激励和股价显影共同铺出来。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "26d634bacd808dc957e3910878871894091e38275d537761862ae22b508dfb20", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d70f25dca163eaed7f3cfb77e83187e03c7d37e3360d3771738bec07e83380b5", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-10-25：三季报披露，继续验证业绩增长。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06e51653856ce21d0e256b77c22ce4b9ed9b04ea1777bd54d99e53d12521e76a", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-11-28：新一轮向特定对象发行股票预案披露，融资/扩产链继续。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "40626768879717d56e1aaa4144cbe6e604fff396d5dd5d06130f3ddfb0c77754", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-12-24：深交所受理新一轮发行申请。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b587002d92713b097b28de9309824122fedf59a2dc72080e1a9af35eb22c4bd2", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2026-01-31：2025 年度业绩预告继续验证增长。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "110fcd82d0d5c18cd9c9f14c5842a9f937140eb924c0a6a81c7210a5445bc992", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2026-02-12：2026 年股票期权激励计划披露，说明激励链不是一次性事件。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4759f142d88fc11d63287fd01a9588ff5e1f63cfca4bef545851ac605d8c55b8", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "613fbb93c99f7fc749374cc2a58fa9b8695550e4e6d711a186d79d788034bfe3", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-07-10 到 2025-10-15：约 `+114.92%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2dd946a12df9aac2f18a7cb750a03ad63a57b9015a0d7be868d2f089e255256f", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-09-02 到 2025-10-15：约 `+87.21%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "746f60fdc920decfe1705ad19adb326363e755e617475eac2fdb6155dd360119", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-10-15 到 2025-10-27：约 `+33.60%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f54ace12c960d3e92614a1e95954932453058308eb826bc97ec9bb9140dff6fd", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 2025-10-15 到 2026-02-12：约 `+34.31%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f96d72db718b042269d8b41a03c9855906f6f2c05f2e143657664cf05a3392c3", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "81ad7cd3fcba090a45acedc40ab2ee7639d15620b593c0142b583ddc5405e2d8", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "这条故事成立，但不是“股权激励公告带来上涨”。更准确读法是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9efb76b79ce9f73aaec49ab8f5f8ed07525d561e57e31ff9c1cca13fd3307b4f", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "`2024 业绩预告 -> 定增上市 -> 募集资金置换/募投地点增加 -> 半年度业绩预告 -> 半年报 -> 2025 股票期权计划 -> 募投项目结构调整 -> 异常波动 -> 股票期权授予 -> 限制性股票解除限售/回购注销叶子 -> 三季报 -> 新一轮定增预案 -> 2025 业绩预告 -> 2026 期权激励`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3fcf4d86a8481800db4be8b340e31617b0a2ffe2a36115bf02fcbfa58fc9c755", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 股权激励、解除限售、回购注销这类公告不一定是行情起点，很多时候是增长链条的迟到确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97f2828026fb82f71e345cbf59c989149337b1ec5030e7552fe7017124e39932", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 如果公告前已经有业绩预告、定增资金、募投扩展、半年度业绩和持续激励，要优先追生产力增强主干。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "064d30b75c396f52ba712912f5427be923da1e1f7d36564e6164eea04f74e8a6", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "- 该案例不同于 ST/困境修复线：它不是风险出清，而是生产力增强和行业景气共同显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ee3054539d8bcef1fdac4cf80d890d4aea862a162d74c1589f9797dbae319ebb", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0037_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0037", "raw_excerpt": "`mirror/data/result/darkline_hvstory160_to_167_001309_memory_growth_incentive_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b921e645b21695257c2eb5fad9afa239b875a04ad730270d20d70aae79687f1c", "source_reasoning_step_id": "DLCASE_LEGACY_0037_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "## 案例：002231.SZ 奥维通信诉讼叶子背后的风险清理预期与违规担保反转", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "85fde06782c91ebe204cca62143b374be1d27c33bc847a8f7ee06b18577c0bcc", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c00ab91db4f7c22a534391b2cd15c65c389d17af7712e8c4bb1392e812496dc4", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事，入口叶子是 2025-08-05 的累计诉讼、仲裁案件公告。表面是诉讼利空，但股价在 2025-08-05 到 2025-09-02 约 `+54.07%`。后面又从 2025-08-20 到 2025-11-20 约 `-34.51%`，说明这不是单边修复故事，而是“风险清理预期先被交易，隐藏风险后续反转”的故事。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "51869998a25041509f246a35a8740f2c69b06831cb6748bd42bb698c27177666", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e4f63f01220fb534534777e4fd62c6ec2e0c763e43be9c640f9bb81f648c22b6", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "2025-08-05，`002231.SZ` 发布累计诉讼、仲裁案件公告，连续 12 个月累计新增未披露诉讼、仲裁金额约 `3680.38` 万元，达到披露标准。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1071a079e37cfedb400e5222ef0e1fac42e39fff7cf79cd05bdf71c07712e52", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "普通读法是利空。但这条公告里既有公司被诉，也有公司向东和欣相关主体追偿的案件。市场短期没有按普通利空走，说明要问：这是不是资金占用、资产损失和诉讼追偿链条的一部分？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "957ff56617904b0546e78ce9e507bb43af73a1abef97c60eabd179622253f9e0", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b0e4f0f36221a3210c475c6901aa3a3671d32b280d48bbe9a51b148710364ed", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "91291132cb7ca3af817e4aa6018e94a0e8ae44fd9d1cb189891cf320d4c287b7", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "RISK_CLEANUP_EXPECTATION_THEN_HIDDEN_GUARANTEE_REVERSAL", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87db946870633a1002351fd0d74acf8a96bf290711697bad4eaefee346d5a345", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "大白话：市场前半段可能在交易“ST 困境资产的风险清理、追偿和低价弹性”，但后半段证明这条清理链不干净，违规担保和失信执行又把风险拉回来。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0227092d861a8b9c367bd8aa538f7127997f0251193b8348d447b84030faece8", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c4f2144821eccc08ef87028d99a63036e7570978f2ad00cd942ffc4c8a3dd3d", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2024-01-31：2023 年度业绩预告，亏损压力早已存在。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cfae2a22a60f1359f3213d62ad309271b3b3fa8e0b9d4976dd5fe1faaa858956", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2024-04-26：未弥补亏损达到实收股本总额三分之一。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "43ca91aa862709945aa885e9477137b8336813186378c3632f84efc73f842401", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2024-08-15：实际控制人与一致行动人之间协议转让股份。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6113824aa0c737d3f2e9a79268a3e54bfe7751760aeb167f5d46931a658b3747", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2024-12-21：协议转让完成过户及相关股份解除质押。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5486de3c6ff1f65d4f7753778ccd7d783f5c8cd0d862c018ca8dec67c6d7f98c", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2024-12-28：对外投资设立控股子公司，出现新业务选项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "86c647758cb9eb6fe09fd0cd4747f737001f28ded7ff5e5983cab3a6f87b1c8b", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-01-24：2024 年度业绩预告，亏损继续。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fcfc6d669cd615fbc4dc9c08278ab8c465996ede963b0c3fd9dec2a2d5ae2589", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-04-19：累计诉讼、仲裁第一波披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b014b1c38a7ceca3c7a77e4467bc50b19a0b2c2aa463d706810cf2a749d435d", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-04-22：业绩预告修正，退市风险警示提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15fb029ccf6ca06ccfc6d72068fbaa0e7c47e05a9f88bfab7394a9ed1d9e205b", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-04-29：退市风险警示及其他风险警示正式落地，同时披露重大诉讼。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f40695799b91e8cbfd371e39c06796bcd604b0a30d4d31db3fd05e28b953ed7c", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-07-02：非经营性资金占用偿还进展，仍有本息约 `18423.83` 万元未偿。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e92d1251f18734b8dc887c2de225a8ab4559c89468b3e6ae6d6f0397729221ce", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-07-02：公司资产遭受损失，控股子公司存货损失约 `2504` 万元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "faaa256e1b146c951febb41fb5f8427d421eecae2526228ef80f412c687b3294", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-07-15：半年度业绩预告继续亏损。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f94540dfde0ce9008af445a8b661731ad187552777cd6d26151cae0e6cbeaf73", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "这些节点说明，2025-08-05 的诉讼公告不是故事起点，而是资金占用、资产损失、ST、诉讼追偿和低价弹性链条里的一个节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7058bd58ebdee054c1c24e710315afc3b5ed8c864a702e71c19e03458064f77c", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "380f90e269f6fc8601d2c317a48a726a34cdc9406d1171c4927826cb931fe9ec", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-08-11、2025-08-15、2025-08-20：连续股票交易异常波动，说明短期资金确实在交易这条线。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5dd0fa8a3817addc89fb7ee2bd060b9c8e015d9cd6906b1ef79c1875ac2473d9", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-08-28：违规担保风险提示公告，控股子公司无锡东和欣未经审议对外提供 `5000` 万元连带责任保证。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0c17a19bcdd3d53f2f067b82f176c4dba48a7688d6b18a00e155465c0d3ceb1", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-09-26：公司股票被叠加实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6cb9c1afe4eab4d960308ab0f03a9fb6c5fd48ef289d778836044f1f4ed3fa2", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-09-26：控股股东、实际控制人的一致行动人被列为失信被执行人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f36d78d1abe1c4df72b390701a42268af314341f2b61c26b3babcba5f2d814b4", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "这些后续事件说明，前面的风险清理预期没有完全成立，因为隐藏担保和控股层信用风险继续暴露。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0873dade9a042b11619ea5a38544d1f975886fc030a7e66f9ce6c01a4212115", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b789552ed8f0f802b7968ee1a4b1f5256cad0f3afdbdee768327c2e09098f46a", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-08-05 到 2025-08-12：约 `+17.92%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6af07d6a1f47c487ecb8c4d36dfee32e5169dc46ff35fa4e2eaa8470b8ba1198", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-08-05 到 2025-08-19：约 `+50.49%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "95dcc72a8e5841c3a0c373e06d1a641798ab719632a86c33a6fd30be062dba21", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-08-05 到 2025-09-02：约 `+54.07%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d731dfaccda2c9fbad70d3ad1cf534d51b4e8e1b921701ec7d7d7a3b006bef1c", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-08-20 到 2025-11-20：约 `-34.51%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f6f4b20e6ede5a541e9d809776a45f91bf4bf99dab776cef1fb087b4ddff916a", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 2025-09-26 到 2025-12-29：约 `-52.31%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3354f4a2b1318becc4581c480cae18b8ec11bbbf9f4b6e62196c22dee657496", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "73ac61d09ee6b8362bdb23af1d2a764b5d8dafdd33c262209555c01e0fc2123d", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "这条故事成立，但它不是“诉讼利空变利好”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "95aca7fe9e133c9261fad9391c19f869d31b6b56cb504d82b4e3543273377af0", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "`长期亏损/未弥补亏损 -> 控制层股份安排 -> ST落地 -> 资金占用未清偿 -> 资产损失 -> 半年报亏损 -> 诉讼/仲裁叶子 -> 异常波动 -> 违规担保暴露 -> 叠加其他风险警示 -> 一致行动人失信执行`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "117d9cbce8dc1511de96edb8bafcba09fd49a226583d378809790d3692605062", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 坏标题反涨时，不要急着说利空变利好，要先判断它是不是风险清理链条里的节点。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e4a4dab3abcc51923dec08c58a518cfb989ca994428b3b7e135f421b4f655b8", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 如果后续出现违规担保、失信执行、叠加 ST，说明前面的修复预期不完整，要把故事降成风险清理预期失败或延后。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "37b7853c1ccbf4d8ccb3b2ee589e1ce3697611839bddf4b942877e491aec6c7f", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "- 该案例是“前半段强显影、后半段反转”的样本，不能只截取 8 月 D20 强涨来当正向暗线。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7436426f6d375dce3b2326f6bc36e2eeed49b05f520cda7fb42614b984e49d28", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0038_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0038", "raw_excerpt": "`mirror/data/result/darkline_hvstory168_to_175_002231_risk_cleanup_reversal_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f784d7f055f583148a07a7632a4346300e878d64a5770f1c531f9419244d6031", "source_reasoning_step_id": "DLCASE_LEGACY_0038_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "## 案例：600777.SH 新潮能源诉讼/立案叶子背后的要约收购控制权争夺", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eee887b4929ab724c7dbb839d085011e2cd0b8eb2a7f8aca066aabbbd3a43c2b", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "11505293bdd13c4e8950d07b3e262c0e3d974fbf09e6f2f0b15878e293145afe", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是诉讼、立案、风险公告这类坏标题，但 2025 年 7 月复牌后，股价在短期内明显走强。按信息分析方法论，坏标题附近上涨时不能停在“利空失效”，要继续问：坏标题是不是更大控制权争夺和治理权落地链条的一片叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d33bdd7e7188eebfef9ad7e795e1f1f1e8879a4190f89e2ec08e1e8a96633130", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "20da90dd60ef21c3f9a00ca6e7e63e3194f7ab5cc8a9bf361317e07f475ec023", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "队列里看到的是 `600777.SH` 的立案、诉讼、风险公告类标题。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec63f8fb3d052e0af0898506114fe8cc10f66eb6addd8d0c4c5e967d005b23b1", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "普通读法是利空。但 K 线显示：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c6a5ca8ea0cff7141a4da1239ecc891b1e4ee6d571ffc916824a16bedb3979eb", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-08 到 2025-07-18：约 `+37.69%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4e8b3a740782d219160afc9997bfc9399a4a2c14765fcc5a49f430d6b36463bb", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-08 到 2025-08-19：约 `+23.74%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a259e5d4ef0cf82860a7d14a91b87b18783894f3a03a4915601ea28f287703f7", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "所以必须问：为什么坏标题附近反而能涨？如果不是标题本身，那背后的暗线是什么？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7de445d1b686a355c33bc779cbc99a6d5bc611315f6747b2d6105fc3b5e9b3c", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ab168c0f538f653cf72934a92f130d03013a4127c6bb0d76c613444421b5918", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "23392dff2ba8974af09535ad9a04d90d20c38e6bf51fda9e9661f977faa25d6e", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "TENDER_CONTROL_RIGHT_BATTLE_AND_GOVERNANCE_LANDING", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d8fa8890a56aafc33744d95536a28bc158af35307d44390beb0c8f5af6ef81f", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "大白话：市场不是在买“诉讼/立案”本身，而是在买新潮能源这个境外油气核心资产平台的控制权争夺、要约收购落地和治理权接管预期。诉讼和处罚只是这个困境资产故事中的风险叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f51069a7931150c0cc974d9b1afa9d9b74ef9697133d593b28bfca8cf6ab9ac4", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "76d2ed2ebc4a9c4fe11c2c159a4f69fca2b936b79ecd0be962ee98ea04b8a88c", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2024-01-12：持股 5% 以上股东股份司法拍卖完成过户，股权结构开始松动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e074ebf3b0db79096058884ade6886aa4d97cea933e0029c7d0b37a66e0ce363", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2024-04-27：股票被实施其他风险警示并停牌，公司进入困境资产状态。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3953c1240956a7b6599fd10982ef75c15acd92c652a01b785bde8c2eb11dff74", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2024-08-24：要约收购报告书摘要和监管工作函出现，控制权争夺浮出水面。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcfd7bf4d8d05371504e7c401068623cbf5d84fe9f1ee9e193e462d6f88730d4", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2024-11-02：北京汇能海投详式权益变动报告书出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "37a506c3259ef2b82fcf25cc0b4133d74791f40c5d0380290c4c5b6ac6aa8bb7", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-02-18：监管追问境外核心资产安全和投资者回报，说明根部资产价值是关键。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb2f416f0f652999010e5af6d4d8bcb419636da1baf054c919f285149c2fdc49", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-04-03：浙江金帝石油勘探开发有限公司要约收购报告书出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae5da718c7d5402d8f1f147fde6e2f3a4a9abe8f8a7202072ba1b62ac83bf448", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-04-19：内蒙古伊泰煤炭股份有限公司要约收购报告书出现，竞争要约格局形成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "737c13a436089ef86a0691199d0a4424afd9a1365e3c60fff720a52dd7b3aa1f", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "这些节点说明：2025 年 7 月的强显影不是凭空发生，而是前面控制权争夺已经铺了很久。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96b7137ed70548049dd6905463ad8c7efc4de72d9ddf622119932c0324be50e6", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25cc4c61d004eb9883cfd32b4182a8c4818c542a74b62f3f1fb2f5de7dabe184", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-05-30：内蒙古伊泰煤炭要约收购股份交割完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9653ac1116199b25a2be06e7f19e71e2eadc6545338b2ec9a7ff0a379c164dc4", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-09：股东自行召集 2025 年第三次临时股东大会。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f53e68da88098b0917ec0912276d4d8ee6fe702bbd64ec116532a11c78f8f413", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-25：第三次临时股东大会决议公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec5968feecb283314afae058ab53db1d2e8c6dd84f79853576a310a1c1aabd66", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-30：取得营业执照、公章及办公地址投入使用。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c1bab302380da03ef1090b214c278f256effc840fe81153fcd8c0698f3b499e", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-30：聘任财务总监及副总经理。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7eacc8b96208b3b837b418593ab141040c12d94b0f8b1b04fcfe7d5934e0fcfb", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-09-13：收到行政处罚事先告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b8316baeddc6fc237f26195b9e86cfe3d5681248880cf4576ea383661364aaeb", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-10-25：收到行政处罚决定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52833214a94122c337c419cbaca3e9654320976a194917f21a929a4dd7d22001", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2026-03-20：公司股票可能被终止上市风险提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6dffb827bb47980dfe2708cefa86422ff20ac418b5f11a9e4e3be2c807b73be", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "后续事件说明：控制权争夺和治理权落地确实发生，但历史处罚和退市风险没有消失。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4b5fe79a5dd6efebcf6d32236a2c6ea4a216d1af3ed84579d38b940bbb6dab2b", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdf7cfd7920d5554ab08d6834bbaa3149528c7fd9e0b88b4bdd4c9b8273d82b8", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "这条暗线输出到 `L3 单票 K 线 + 控制权争夺/困境资产修复拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93ad9c09795c44463dd9e89cc95d4dcce64f672cf9be756b19b28e0c53f99be9", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-04-03 到 2025-04-30：约 `+25.39%`，竞争要约阶段已有提前显影。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f29c01442c78a8314db23dd172a1b58f7ae0a6d02d526f8e7249058be508275", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-07-08 到 2025-07-18：约 `+37.69%`，复牌后控制权落地预期强显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9843df8f623ebb61687146dd674d566195550bf4152f32fe103f99a4734ecfb7", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 2025-10-25 到 2026-01-05：约 `-6.28%`，处罚决定后持续性变弱。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e187cb510efd304b05cf1dddcc1f2e9fdc7e45b7e6fc32ff39472387b10ff40d", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b34c82daba13384af9e46230fa4bf23cb7bd4f2c00df2b2ada2dfe22f384cfc", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "这条故事成立，但不能读成诉讼/立案利空失效。更准确读法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "886d71d033cb9f1670bee40584703d52e35ea246a5527dfa23b6d41fedd20cbd", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "`司法拍卖过户 -> ST/停牌/内控风险 -> 要约收购 -> 境外油气核心资产监管问询 -> 浙江金帝要约 -> 内蒙古伊泰竞争要约 -> 伊泰要约交割 -> 股东大会 -> 营业执照/公章/办公地址落地 -> 高管任命 -> 行政处罚/退市风险残留`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d0ff120b14669347a86dabe8886faf11c248c3111aadf41e859b26a806672172", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 坏标题附近上涨时，要先问它是不是控制权争夺、风险清理、治理修复链条中的叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24d72cef8dd92231bf91118319e70cfb7d33163cbea4fc12147ff1b0648528e4", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 控制权暗线要重点查股权交割、股东大会、公章、营业执照、办公地址、高管任命这些关键现实节点。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "90d5d8d0005f5a8309eb40114b863cdb34f3d71f0aed57f42374cf0d02536687", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "- 控制权修复可以解释反弹，但不能自动消灭历史监管和退市风险，必须把修复主线和残留风险分账。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d4a69a505f71eee952be843e071bdf0a612be28800b5eee95212a3abf365bd2", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0039_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0039", "raw_excerpt": "`mirror/data/result/darkline_hvstory176_to_183_600777_tender_control_battle_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0b1b49b38adad07136e89151be4c83dcebc98145d4a621cb044ef2d59a1fa7c1", "source_reasoning_step_id": "DLCASE_LEGACY_0039_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "## 案例：000908.SZ 景峰医药子公司诉讼叶子背后的司法重整与石药入主", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2aa81825e3b5c7988faece12b549bc04132c2973d73dbc41d8cc2fcf36eb512", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e3befa1364640c7b8aa0e138464e68a0477a76347cbadb722c3974bf8b26b13c", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是 2026-02-04 的控股子公司重大诉讼公告。表面是诉讼利空，但同日公司重整计划获法院裁定批准、正式重整计划披露。后续从 2026-02-04 到 2026-04-02 股价约 `+118.60%`。所以这不是“诉讼利空失效”，而是坏标题旁边藏着更大的司法重整和产业资本入主主线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "84e59f239da7495e15b05dd88735d67cb0b4542559beafc781b51ab5d3bb16ab", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "770c6fad139f6a226194422a6145c24118333b5660a5d6c7fab02e7f4980d1ea", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "2026-02-04，`000908.SZ` 发布控股子公司重大诉讼公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea8079dfb7496cba7088496e102f80f24ca370611effe2a0bf6b98030f94afc1", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "如果只看标题，这是利空。但同一天还出现两个更关键节点：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "787ec9ac9b3f4e651fb644e360cb325c44707807580112478a58a8197c61f807", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 公司重整计划获法院裁定批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4517ce13216fa4816ddc2db8720797f49d93581c07f42ee41328edcb7f67d7c7", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 正式重整计划披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "77aaa0ddfe9f4194ac4cae57e7d7d9d8eec8b2d15fa1f02124aefe2391300cde", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "这说明控股子公司诉讼不是主线起点，更可能只是重整修复链条中的一片叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2a9ba02ee581b1a5ab3fd0e26a155c4b1ebee9798a0c1db90530c6d30b919f9", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7457c519ac9b7122af2c836efdf5496cda6f29cb1241b5c01f0d6ce175584252", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a58c72ea8941d3d6f2928c2f030f08e1c4aea2e8ee12a8085d64108f89077547", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "RESTRUCTURING_PHARMA_CONTROL_AND_DELISTING_RISK_REPAIR", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4d774cf14f53bda6bd03f8f912fceb9565032e41a5612dbe81165597bd34f85d", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "大白话：市场不是在买“子公司诉讼”，而是在买景峰医药司法重整推进、重整投资人资金到账、石药控股入主、控制权落地和退市风险修复。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9d4ccfba09c7c2e99de823ef98bb26b85d8fa9a6aee7d714a5be42afb03cfae", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5160f47fa7e7b99c1b90db9211789d4a2a1a74079167d43a73302c65e5337cbc", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-09：向关联方购买资产暨关联交易，出现资产侧调整动作。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "41d2e28ec8ca9b7aa5fbf5713b16047c447507162662913b3f948f07f6d2b26d", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-22：法院裁定受理公司重整并指定管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c040c8bb4f9883e808159ca81e244e48913225a4c4f3c4729fff15e1fc3ea3b2", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-28：公司继续营业。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f42edc10d54fae7763d942c1b997af2b5152a7b41ee907f0d688b3b1011ecf45", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-28：公司自行管理财产和营业事务。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c2b80cca8438e7c6c154123985777d17d7742775530541a937b305f0d439a67", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-29：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ede3aea56bbcd1af8d2ab0d42f7209aba036c57fbabc64ca69a6cef7c8d7d07f", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-11-21：第一次债权人会议提示。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bf7aba96aeb2336f5471167a8e3967e9330f7d2113326ba3e23417fbcac96254", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-12-04：第一次债权人会议召开。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "13e158870b76926fafdd13a556c496aba60f557eb4f0f44d24faaa73c8834fae", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-12-13：修订公司章程和治理制度。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aea6570247e4c2c7fe72f24c48d58fa874c58cb092d42b624091bf8918f1384b", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-12-29：债务进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abb21e817707d89183744d78f5b9dbee65745f65c01812cdc94cbf867de9d28d", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-01-10：与重整投资人签署重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "221b23e87315410b33d75c4bf9e5a3506b45d7788ee572dcce29adf9758653c1", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-01-13：重整计划草案、经营方案、出资人权益调整方案披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b3c4a1da86d279f0f465380af67cf828755a2b79e11ad8ab64cc007c819eb92", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-01-30：出资人组会议决议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "33fa2819631f286052b5edc6a8b7d33b9026a177ba4f07f2d0179bcab5f1f800", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "这些节点说明：2026-02-04 的诉讼公告不是故事起点，重整链条已经从 2025-10 开始推进。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6012853c47fc12ca19495d1b1493d72ab9936c5b5dc3658737891db5ef00347", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1e9a533cb37f772da43aa7a269439b62c5b840db977382fd83960713841d770", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-02-04：重整计划获法院裁定批准，正式计划披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c70465231cac2cba466b60507da4a941ae2bf1376c32aa1cf61e7c374699ae3e", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-02-07：收到重整投资协议全部投资款。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c50dac6cc1d83f1d3bba48330819a385b1aad2353d451511fd2768c7dfd81306", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-02-07：资本公积金转增股本除权事项披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "047efb594c21417debe14bd97f30287ad9653361173ca5f0ed6707c79d477e3e", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-04：资本公积金转增股本实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32ef9d872f773bd2f2c4736b4da0a805e7b7b41b915f6024283e862962262770", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-17：重整计划执行完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "437046d031b19876b88c94e542215d0bf664c5821740ca97b53c336161676aec", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-19：石药控股详式权益变动报告书披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "62df57dd865c552d78ec7b5dc3271bcda99629abc72f5403b1fdaea14c05315d", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-19：向重整投资人完成股票过户。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a76eebb636f5ee906cf17b1356739fe089e734abc20911dbb3330cae539d29f4", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-19：控股股东、实控人变更。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3af395ccedc6b56db136fa8cb1254bcedfebc179732926e1f67bea95d21dca4", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-25：撤销退市风险警示并继续其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1c4e5481383c6cd055a7201bb9c8173f2b8f0924b50ee264662bf1a72cd6017", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "这些后续事件说明：司法重整、资金到账、股权过户、产业方入主和退市风险修复都真实发生了。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac4f2edd338fe7d8830318078f94667430b7c5648a3d8087698be2ca662c574a", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a671200a3a494997fb5fb1c8a434243f192d2b42aebebbbf49ad8591144f1ac9", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "这条暗线输出到 `L3 单票 K 线 + 司法重整/产业资本入主/退市风险修复拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "81f2873f34c7f629a2d9f3f0a67a7abf0a45c8c8a1c8323cecc7a133a8ae4392", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-09 到 2025-11-20：约 `+54.76%`，重整受理前后已有显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6f46970b69dad83ce6c7ad337d585b9f1761921f4a00246be0462fb9eb27b05", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2025-10-09 到 2025-12-31：约 `+22.45%`，重整推进期仍有修复预期。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c65266be57d96e4498ee798ec6930c257b49f49443adf08f35a2f2d32a83509", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-02-04 到 2026-03-20：约 `+87.50%`，重整获批到控制权落地阶段强显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0681ef40e144ab35f0bd4fac7c6f1fbf69c014297400b5093e92dbdc2be87e9a", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-02-04 到 2026-04-02：约 `+118.60%`，退市风险修复和产业资本入主继续显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8317fda1a1acc91c165e51f5168acececbb991f582dd93b3dd6db89484628436", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 2026-03-17 到 2026-03-31：约 `+39.14%`，重整执行完毕后仍有短期强化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2877f923b876ae4dc275f28a0c8a3b45032b078205ea787b5abb1cb6f0853d2a", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "402af506330e7a114351b6bc0354c4c447c62c14f2e6f73be67388cf83f90821", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "这条故事成立，但不是“控股子公司诉讼利空失效”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "be21c7351920da983d8a2b332799e0484e0606d51b8c75458ebe81a074f617a9", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "`关联资产购买 -> 法院受理重整 -> 自行管理财产和营业事务 -> 债权人会议 -> 重整投资协议 -> 重整计划草案/经营方案/出资人权益调整 -> 重整计划获批 -> 投资款到账 -> 资本公积转增 -> 重整执行完毕 -> 石药控股入主 -> 股票过户 -> 控股股东/实控人变更 -> 撤销退市风险警示`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "389f6c602a531d8b095e3ce5117cd7f4c7f860e11b6234afcccb4b153797efd4", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 同一天出现坏标题和重整关键节点时，坏标题不能直接当根。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8e717837e80b0b5bb1ba2f778e642064eb58a02f784a671dc7cd2b832b6ce3f6", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 司法重整暗线要重点查法院受理、管理人、自行管理、债权人会议、重整投资协议、法院批准、投资款到账、出资人权益调整、股权过户和风险警示撤销。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "649e2ca109f8df6ef98512085d87fa97805b19ab9a6d648ee5833efea6a5faa5", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "- 困境药企的强显影往往来自“重整确定性 + 产业方入主 + 退市风险修复”，不是诉讼本身。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d381a771f040469a0681ef3a360150eaa47e6b05c64d3092aad644f3aa59e32c", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0040_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0040", "raw_excerpt": "`mirror/data/result/darkline_hvstory184_to_191_000908_restructuring_pharma_control_v0_20260517`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "429cf7a769af80c49e321899e801e2bc691d4778eb783ee4cdad36611cb98ee6", "source_reasoning_step_id": "DLCASE_LEGACY_0040_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "## 案例：300147.SZ 香雪制药审计消除叶子背后的预重整与风险修复", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1dcd55caf99792177684e8a72832d9474678b08ba2edf86d41a20080b797af89", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### 案例定位", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "31e41c9fb044301ffbf26aede02588d662d14f1f56bf54c21a37dd583fd2e611", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "这是一个 L3 单票 K 线反常识故事。入口叶子是 2025-04-29 的 2023 年度审计报告保留意见涉及事项影响已消除。表面是审计风险解除，但股价在 2025-04-29 到 2025-08-19 约 `+79.86%`，而这条链前后同时存在行政处罚、ST、资金占用、以资抵债、预重整、药物临床进展和诉讼残留。它不是单点利好，而是困境资产修复和医药管线期权交织。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "892cfb6675586ea3391a370c2350316b8216453c3a82f5dd1b3ca8cf9219b31d", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15572ebc0f3f103e4459b7ce75729a4ae111c05553430fcd1c226fd33973e744", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "2025-04-29，`300147.SZ` 发布保留意见影响消除相关公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48e497bce595e5537a486535d409f722633770251dabbf54b7a5231bb6cd7d36", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "普通读法是审计风险解除。但同日还有：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ff4462657d6d4892f1116eed1b1a1f33a591b4927f8d6af8ca42f69c8340b4c", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2024 年年度报告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24263c2070b0acce99ceaa3ed2e010af0f804381a6e2190b22751c63825252d7", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 资产减值准备。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70e2488bd716e828c492f51856093cc3844ef996a35616f0e0a4fc92fbda2a38", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 未弥补亏损达到实收股本三分之一。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88c7a25809d01958ab4713aa8f75b4691a6cc38b15448b2f72949d0f98602462", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "这说明审计影响消除不是完整结论，必须继续问：这条公告前面有哪些现实修复动作已经发生？", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5c5df6955205fbbf972017ab950cd958ea35b1ea446217da9d818e13d2cde94", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "260928c74cd8ca52c1fa47497797592e61001ec56cd45c56759ff31ad5c1d1fa", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "当前 A 假设是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9c24e0564d3af4d08415a4cfc65e11ff39c30501f9bd9b32f3023a3e5be3630e", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "PRE_RESTRUCTURING_RISK_REPAIR_AND_PHARMA_PIPELINE_OPTIONALITY", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61210f4f49d7045e7efd4eda289c27f7a16bc85e6c3766788b0d7ee72b81e0d8", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "大白话：市场不是单纯买“审计保留影响消除”，而是在买控股股东资金占用清偿、以资抵债、预重整推进、债务/诉讼处理，以及医药管线带来的困境资产修复期权。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27a7c90476586a059ba1aa2ebbfa265f4498769a62040e2703e8268f25ea6986", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9ec9464c2b23660ad9c21b43355d33a54361dba06c26483cfe114bd177f51845", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2024-07-30：TAEST16001 纳入突破性治疗品种名单，医药管线价值显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e6e7e249442e58bfad635552f7612963640c6f958b705db526811857f800ed4", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2024-09-30：公司及实控人收到证监会立案告知书，监管风险落地。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "686090af5ce290c529899832a17ad969ba54ce99ac77f6a636668ce50c257dbd", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2024-11-22：转让子公司股权，资产处置动作出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e3d14aa8ec64bae48ab2c9f1466c07d0f6a7258d437eebc02e9709eadc90793b", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2024-12-14：累计诉讼事项，债务/诉讼压力延续。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01903e977e593a15cdc54ca87f75ded0aedfab627ed043796e82fa872ca368a5", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-02-06：被债权人申请预重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65a74ae390ca8803b5a921a056fc147f0379d694f486c4653291f049e3046104", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-03-24：行政处罚事先告知和其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3439e59c2c6242c006d6cc970f1851bfc577155788e358284bf4e400311515c4", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-04：控股股东以资抵债化解资金占用风险。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ddbd45f5fb7451ce22feb8ae853f6b0f9a5ff414635a109468988ba3a8680896", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-14：广州中院同意预重整并指定临时管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d16de4656c59e9957e0b732407f17393f53e591d3364f956a98c65ae3a32fd34", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-23：控股股东非经营性资金占用清偿完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aea4319b50e93ceeb497ae0d92610faaec497b2df497a5036102a384f2885556", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "这些节点说明：2025-04-29 的审计影响消除不是起点，而是风险清理和预重整推进后的确认。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "91571e7fe3b577761d14e53011853017adf906872d41da1e2ce296f604472bc8", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a554e495b9bc51be74c87c46afbcc798d6a07c2501db2b426c6429a53a4690ff", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-05-09：临时管理人公开选聘中介机构结果。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97137ecdf29b0525d98207eb361366815e285315d8582ec1969a8f9658a0fbf9", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-05-15：TAEST1901 获得药物临床试验批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e1c7f7fbe5ac9576aa04b225bb348ff4ec73465e573ae9d11b0864511570c18", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-06-03：重大诉讼案进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97c0c867561e5cef66a1a230e10c35f15f8168cca5292ac024d2019f2042532e", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-06-07：申请借款续期。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c3585a593b7bcbdee21b91348861bfac8c745305812f34284ea1619ba3b5949a", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-07-10：收到延长预重整期间决定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "148f688b348a4933c85ad00b370b725d58c83116b4262853ec9635f23c070079", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-08-16：收到行政处罚决定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9c2468ba06a3572a6e6d246a578c3dbf532d10a371eb3e2dc3a7b295feaf0c4f", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-08-19：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5231aab498019a2a93589a8a3c1048fc162434806e50ca2e60b49dd7c3ca9866", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-10-20：再次延长预重整期间。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b6fe55a813a8a473080334611d676ce2317a24ae35c2535a2f526fac48822eee", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2026-02-24：继续延长预重整期间。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1bebf0408c15bc6f045d651ef38c4859d055a641bc5e2df6d489300aecf9710e", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2026-03-30：划转子公司股权、申请借款续期、累计诉讼事项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2f669e6c018f2d1aacdb35dd4a7b24e547a2c47031f0d85b6840df21e57b222a", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "这些后续事件说明：预重整和风险修复链没有结束，药品管线仍有正向叶子，但债务、诉讼、处罚和预重整延期也一直存在。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2986bfcdbc99c739b0b0103b084e7760b60cfbcefa833e488b21a78fb8b2ea1f", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b2c04586a0b625a2bb291f152d3b41dd7343040d014afcab4cf568f9d7ec4b3", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "这条暗线输出到 `L3 单票 K 线 + 预重整/资金占用清偿/医药管线拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb6afc1a3be180d2116484b32df519b7733e1acb69c17384409812cd9068282b", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2024-07-30 到 2024-10-29：约 `+322.49%`，突破性治疗品种名单后出现强显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d551d048b4e04a8d24915d836b473d2dc960f28eb7ca86b265b9f49c281fc2fe", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-03-25 到 2025-04-29：约 `-26.93%`，ST/处罚落地到审计消除期间仍偏弱。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5f72888783adde41b8c56bebf83d52b07b1e96ef5815631f969321018161c508", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-04 到 2025-04-29：约 `+18.38%`，以资抵债到审计消除阶段开始修复。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f993ade830e6d3cf94ab69fca189df55311f00e583ccbad5c477c3efdb72826a", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-23 到 2025-05-15：约 `+22.42%`，资金占用清偿到新药临床批准阶段继续显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "44eaf93d292939e92ead22b1975e3536a8d0ed186378dbb433a59ba14c475258", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-29 到 2025-06-03：约 `+47.78%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5b38cfc3cefd2f9313862fa1743bf802422e6c2d3880a91db2d8ac40e9f3af10", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-04-29 到 2025-08-19：约 `+79.86%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6efd6644e7c87b972e6cce7b9eb5e9cf55947e89a47bf817d32d0b1e658aa8a", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 2025-10-20 到 2026-02-24：约 `-13.58%`，预重整持续延期后显影转弱。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c52ffe56ef00b9cf11a0cf4a41551fa88bc181545a40bbbc3628b7aa758155dd", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "023d8457294fdda44e3a6cafaa3c070994b0b02601dc4f5afd849f65c9679abe", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "这条故事成立，但不是“审计保留影响消除单点利好”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b12b2079f59a7067c69b7a9b11a8fa24007f38bb1ecac06684fb7f834396844f", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "`医药管线突破 -> 监管立案/诉讼/亏损暴露 -> 子公司股权处置 -> 债权人申请预重整 -> ST/处罚风险落地 -> 以资抵债 -> 法院同意预重整并指定临时管理人 -> 资金占用清偿完毕 -> 审计保留影响消除叶子 -> 临时管理人中介落地 -> 新药临床批准 -> 预重整延期/诉讼/借款续期/处罚决定`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8fcd0d83cafe7ca93bbc03c5fda41b518839c8566ca9b7097945a506b966c3e2", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 审计影响消除类公告通常不是根，更可能是资金占用清偿、以资抵债、预重整推进后的确认节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2376ab4b955779e860af706a9cb10f1073f1315fa1aa0b9d335a4246b6667429", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 如果同一公司同时有药品管线突破，要把风险修复期权和产业价值期权分账。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01c863653844412ad88e344d00ee5f23b758937261a5484dee9e1ec47331b342", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "- 预重整延期、诉讼和借款续期说明修复链仍不完整，不能把审计消除单独读成风险全清。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c11b0f66c6936d3f726bcb0f39dcb3da9dad924c44f24c2f86878ae5bcc27fa5", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0041_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0041", "raw_excerpt": "`mirror/data/result/darkline_hvstory192_to_199_300147_audit_clearance_pre_restructuring_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f62dd576754800cca32ba3663c1a8a92fd113f966a9bab793886a179d09f09a2", "source_reasoning_step_id": "DLCASE_LEGACY_0041_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "## 案例：688698.SH 伟创电气股票期权激励叶子背后的工业自动化增长链 V0", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5584a64b5f82096c8246532c38d432a9be262793318eafc9a000d78dffdf68e9", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f35a8d29b1cc1ace3289f45b91d70b92678fe8b2fa1b49709fbada41c9560b30", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "队列入口是 `2025-08-26 2025 年股票期权激励计划法律意见书`。如果只看标题，它只是激励合规文件。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "294b3a3489aed0fdaa8178df0092154c54ab4fc0d615eb90ff5a16f65266160d", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "但同一天还有 2025 年半年度报告、半年度利润分配、提质增效重回报半年度评估、2025 年股票期权激励草案。往前看，还有回购、募投项目扩张、专利、外汇套保、投资动作。说明激励不是根，而是生产力增强链里用来绑定团队的节点。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "10a84e9904d723640bdff253b822702f36647c79fc72792bd929fddd31c5796b", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0bdaee9d11389cad8ab8a33d1a96b9155a5dba079acf2f38e186f2e0eac5dac5", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "`INDUSTRIAL_AUTOMATION_GROWTH_TEAM_BINDING_AND_CAPITAL_RETURN_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af03a48ba00408867e45ee29edeed10f24b9574ffa2da8d76c70dae8ce93b1d6", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "大白话：市场买的不是律师法律意见书，而是伟创电气在工业自动化/控制系统方向的持续增长、技术证据、募投扩张、回购分红、市值管理和股权激励共同形成的成长兑现链。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb2a3a66a3ab5f1cb0c824a233627d24d03f9838407e2b9b15601453c360bb6b", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "49926b52ddf9218b025083476855edee4c5d52bd5d45a9166a35231d80cdcc9e", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2024-05-28 到 2024-06-06：2024 年股票期权授予并完成登记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a59f8c6cf016cbec2257e9f8836ccc5fc6ae54e098a5f99e269413604576d0b1", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2024-06-25：2022 年限制性股票归属条件成就。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d0d738c1fdb2f71f249db6edd6cea1fe6148663dd1b4edf9d51b90182e150d2", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2024-07-18 到 2024-07-24：中期分红提议、回购方案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9cf036dc367b9f42af54bc0713da793de02ea2ac2cc7795631a7d4a41e0ce96", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2024-08-13、2024-09-27、2024-10-31：对外投资、关联共同投资、投资协议连续出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8b6194f4665a1afc49ea27468792a2adcbe6c3eb7e22e69c44ac30222ff68426", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2024-12-07：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abe0d98e96c413887561134c2068a8835841abf2d49919662daa61cf0aeb5f0a", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-02-28：2024 年度业绩快报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "931cea31233aa4cf9e2112129b4010be5a8b0507c1c980f281474680b7430844", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-03-13：子公司通过高新技术企业认定。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff0e34821a9a69f425b12d2429b5159f16b3cf9e29aa123d16cb515f16663ab2", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-04-16：2024 年年度报告、专利证书、简易定增授权、2025 提质增效重回报方案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93ddd3dd5ebc3e38c9f06b8fc8788a6acef5eaf0760cf04241cf57cf1b0bc991", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-05-16：募投项目新增实施主体和实施地点、调整内部投资结构。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21b68ee324ee18b1a5e1ea0a84eb1b0aed400f20bf890211f439f57f3cfb96dd", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-06-12：继续对外投资。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24c2a10d32dfa25338a83b46fc17199dda85b23e3a376ee97b2f8139d0ac346a", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-06-26：2024 年股票期权第一个行权期行权条件成就，并开展外汇套保。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "91f2922a05cff2f17aa1971cc3b62bdf76bc0116a1e06eb9ee1baaa67a9ffecd", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-07-03：股份回购实施完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4f9755f06853769277931177b6170b8ee640c296cf4a1ff5edb26ea0690174dd", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b4e34afcb51c5b6a44b8ab658173b1a830cd18f144ca639f7bbb909874983c33", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-08-26：2025 年半年度报告、分红预案、提质增效半年度评估、新一轮股票期权草案同步披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e8ec401e758ccfcf1e84dded4939cdfb50914dcad61f42944366af43cdab4dd", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-09-13：2025 年股票期权首次授予。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e95ed9374798118c3818b44f5c4ce3d30976059b5ddb54b952bb6f41440b739", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-09-25：2025 年半年度权益分派实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f6da185e8d9e546905bdcda24f3eeea9bd8508f9148142c50ddfc034e22bb39f", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-10-16：2025 年股票期权首次授予登记完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94ff03063778160b67e20685b4c829151b9fc62fd396f7d8d42c54acf0961144", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-10-17：与专业机构共同投资暨关联交易。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e46ecb10e8956279f3befc39e4c5f1a4e52e7efdd3c75400b703f9e6dc5b0632", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-10-21：继续取得专利证书和软件著作权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7761d25e5fce9f9e6d4133a4773f6a7117c1fca065811997c167ec44c3ca0d92", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-10-24：2025 年第三季度报告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a494a29b666032e6bce4c105e8361e299be42dfad8f04382ba49f51a56fcb3c", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0cd30e2197456020f17e0ec7b3f0928b6ebe0c49578cc41223af6181c15a13b8", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "这条暗线输出到 `L3 单票 K 线 + 工业自动化增长/激励绑定/资本回报拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a17ab11496f17a3ab5073a9c21fc80650c35964acd23e5bb5e18b79ed71cbbf2", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-06-12 到 2025-08-26：约 `+24.79%`，对外投资到激励草案前已有显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a2a8e16cbaaeda25136cd6fcfc4f329d79e4e8f4b54b40d52f450f45835edcc7", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-07-03 到 2025-08-26：约 `+29.72%`，回购完成后到激励公告继续上行。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa170e1703d713d86afdb66a75fed4b9cf3da416c0de301178bb2a4fb47301bb", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-08-26 到 2025-10-16：约 `+33.41%`，激励草案到登记完成阶段继续显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bd69608dd645f6aaa7112227858a3818e93ef8e20ba47caa610ff6b41461d968", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-08-26 到 2025-10-24：约 `+39.92%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f2df13238c6723e5f9111d4f68880add033da1ec8bf6e8529a13fee75033ab5", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-08-26 到 2026-01-30：约 `+60.91%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c258b9b62356902440cdca880d4a7da04f4ba603376d85a7c3307d6e0d82b0bc", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 2025-10-16 到 2026-03-31：约 `-15.07%`，登记完成后中期开始回落，说明后段不能只按激励单边延续读。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "44344986f550d3390c01d21b90ff1d24f98e2fa6be16201f69efb7a40d243db2", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "616e347112996a518e89ab8f0dda9746d28d1dcd26a5d9f7c2947f7359faa1ed", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "这条故事成立，但不是“股票期权法律意见书导致上涨”。更准确读法是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f5233cf7727863fb9c7ca1c0fc41bf6081ea3a81f1f5e03b9121b8eb7048133", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "`上一轮股权激励兑现 -> 分红/回购/提质增效 -> 对外投资/募投扩张 -> 年报和业绩快报 -> 专利和高新技术资质 -> 2025 募投项目新增主体/地点 -> 回购完成 -> 2025 半年报 -> 新一轮股票期权草案 -> 首次授予 -> 分红实施 -> 授予登记完成 -> 专业机构共同投资 -> Q3 报告`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6aeb0c0e0b1857bf922e022014bd49d3512531bf92381285e026de98d020e3b0", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 股权激励类公告要先判断它是单纯激励，还是增长链和团队绑定链的迟到确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f9f94af3e1ddd374a2d1d2e5d681ec22206f1b4d5526bca152c4bbec73d9dfe9", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 如果前面有回购、分红、募投扩张、专利、高新技术、业绩快报和旧激励兑现，激励公告更像增长链的组织绑定节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "37d670d68c370234cd629bf07f769d79af38ba17790cac7b16da42fc60a2e718", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "- 激励完成登记后仍要看后续经营承接；若中期回落，说明不能把激励单独读成长期上涨规则。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "49c020898ce4b3ac1ac6003bb918d95ddbc63e0811bef749c80c762bb7f14149", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0042_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0042", "raw_excerpt": "`mirror/data/result/darkline_hvstory200_to_207_688698_industrial_automation_incentive_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1156324b118e1184dc322cae33b7cdefc1941e719da32429bdccc0252b24e34c", "source_reasoning_step_id": "DLCASE_LEGACY_0042_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "## 案例：603377.SH ST东时证监会立案叶子背后的治理债务重整链 V0", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ce37f3fe817d754064f37eece70c64283fd7fcc1cf2324e49470b9f1e759815a", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "effe27555d3fca2428d024e710622144ecb7ac391d9aee6109b746980ef8c379", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "队列入口是 `2025-05-31 关于收到中国证监会立案告知书的公告`。按常识，这是利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cdfaff58aae5ba534d5ec6fa131ed860148532b763de679886a9a3f14d2d929c", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "但如果继续问为什么，会发现这不是根。公司在 2024 年已经出现实控人/控股股东股份冻结、司法拍卖、监管问询、仲裁、账户冻结、募集资金被划扣、资金占用处罚、内控否定、募集资金无法按期归还等一连串事件。立案公告只是这条治理和资金链风险的一个公开叶子。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ade5183c9097549e62e971f9718f85ac87a2200f61b19a3326af35fe28337c7d", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "450d5d77499dc65a13b0696bc60753618249ded7453466235d1e168e00477325", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "`GOVERNANCE_DEBT_RESTRUCTURING_AND_RISK_REPAIR_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d67abe2f94a938fbc0c5ffe4640dc7bfa02ef0fb1a3ed7d6183db75a4a20621c", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "大白话：市场后来买的不是证监会立案，而是资金占用清偿、预重整启动、重整投资人协议、复牌和部分风险解除形成的困境修复期权；但实控人、处罚、诉讼、可转债兑付仍是残留风险。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc61b8af4e1f009311266400318c459fd70af367b133da83e35c8590bde12d91", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07f6d86235e2a47b1da8eb62a36e8e88f7a7c29e5f9eaef452b68c07a523270d", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-02-06：控股股东及实控人股份被冻结/司法标记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c32ba3727b368945e53a43549196dd2f00e2399da7c4e70fc18dd14b9aee19c8", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-03-05：控股股东因违约处置导致权益变动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2a4e785e9f43ad9e2417fe1f05c892a569c7053cb031a66abdc0ae9a9806e101", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-05-18：收到 2023 年年报监管问询函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d27ba0261f195a2c473b5ed72ccf293936ce7ad6930c8cd8ceee59ae5aad9905", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-06-15：收到仲裁通知。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0a502bdff0c5baea1792dd3e5367733a819ae4b4251fb6dd455865b89d31da03", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-08-09：公司实控人收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4e8f7bed70ccb7b4d7b90c8cd8290e9a1ec601e2d346cd27caa8943c7c3098c6", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-08-29：部分银行账户被冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f8d9b53dcc44f6d7de4129bff12c7af17d73be8096db7a31341983989e010cd4", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-11-14：募集资金账户及部分银行账户资金被划扣。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "496b3c00a82a4eb8e5e11797a56f3ad481663e81944fbb7f74d38b3981305fc3", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2024-12-20：行政处罚事先告知书、资金占用监管工作函、叠加风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "475c7753ee553750582c48a27794079fe945da64c92af8ad945376202e0f8d24", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-01-01：行政处罚决定书落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70b43f4ac174a7fabd6053f5c33dcb583f322001abf5f2e9ad98d82fec8ef62d", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-02-15：行政监管措施和可能退市风险提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1834ba3bd13a64ceca1af3ef759ba290631004796a9749c65b95deabcbcb66de", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-04-18：无法按期归还暂时用于补流的募集资金。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "351d0ff9cce949c33400590aab3d63aea5d10492df4ff44fbdc25cc767c89360", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-04-30：审计保留、内控否定、资金占用专项说明、叠加风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c61a61911c64f431aa5c383b3f2c5244a756f2d716ac8ce86cfe900b787d0cf", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-05-29：资金占用整改进展和可能退市风险再次提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0951f88b5c991c10c76fb30c99ad591c5a50da2ee9ce0bd03ca410082bc275e5", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdd1a8e4e7c44c49961230493035984fe76cf78d4eac430f7baaa6d19086e617", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-06-20：无法在责令改正期限内完成资金占用整改，股票和东时转债停牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6d06d614412c6cc0099dc6057493ca0f9e00de18bbd4866be31db2342098c815", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-07-09：被债权人申请重整及预重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "020978ea56787c793ea4b2e48eed41601db85d82a0a7fc59f33443aa5d91431f", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-07-11：法院决定启动预重整并指定临时管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b41c8bcb303a52b749c9d79476a8b550e6490fc36cd9ba0967aa814b43217eb1", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-07-12：公开招募重整投资人；同日收到实控人刑事判决书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ec95c14b795937abe65fd6efe0f7d3ed6b1b66be9abf0ad68201b44b4015401", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-08-19：资金占用清偿完毕、签署重整投资协议、股票及东时转债复牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc4e62811de17f0589bfb6cddbc37b898604ea621275ef69f3f0a2e228006a1d", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-08-23：申请撤销部分风险警示，但仍继续被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05f65795806671623db84db5f700efeb45a807bc9d62f20082fcc669d3bc24db", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2026-01-24：收到实控人刑事裁定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d37d3dc8f0d1dacb0be05f4e05701ca938b3c1204837b8d35d42cff8438d5b7b", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2026-03-21：公司及部分责任人收到行政处罚事先告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ab2427c0bd9c6426b21427638d4247529cff6425ae68f1d99f1aa12a792df90", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2026-03-31：东时转债到期无法兑付风险继续提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "821e918dacac7ca360bd5f3ea60523038173456e5f0dab42bb1ae5839204713e", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f9bd3a32ffb48f48559435b29b6d2fa9770eff939bdc6f44c87e4348621f4831", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "这条暗线输出到 `L3 单票 K 线 + 治理债务重整修复拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2dba885587f503fe74ae7acfffcb2bd2b3060ee30bbc3bbebc6fd196741e719c", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-04-30 到 2025-06-03：约 `-12.16%`，审计/内控/资金占用风险阶段继续偏弱。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1566c9346a6a891922f6a309c14b4d2de4862cd2568be0e48aecd911bc409d53", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-05-31 到 2025-06-17：约 `+5.77%`，立案公告后短期并未直接崩。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2fb2412286a73701852e885535ef212f7eab778d7517c7fa86d60bc00de32d8c", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-05-31 到 2025-08-28：约 `+45.77%`，后续真正显影来自停牌后的清偿、重整、复牌。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8d4f2bdb91f3103600752fc0b9803a10d8ff82c7c47315ad31d963764e44a74d", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-06-19 到 2025-11-18：约 `+46.78%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69bcbeae92dbe772754592a23770bbf284a9e7d0ae67648a4999507d9a115d30", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-08-19 到 2025-08-26：约 `+27.74%`，清偿和重整投资协议后短期强显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1310a3fbace7d8db9dff4e6ed768c1150837b97c0e53fdb0d6a6b41fffe5bc0", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-08-19 到 2025-11-19：约 `+35.16%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1872cef2a91eab5943c127d9a646c1cc8c5bda53d8c68ed97654e26a33549e1", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 2025-11-08 到 2026-02-04：约 `-10.22%`，后续重整、拍卖、诉讼交织后走弱。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d4a1f5f39c34e1e38abc5a73a64413f505b62ac8160969b51da11c9bffcb7a4f", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c0778c9aa876786f88344a79c96d28291b89baf58e2ec6ac0d6fb37ec94821a", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "这条故事成立，但不是“证监会立案后反而上涨”。更准确读法是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f40cadba28abaea97fb642d0bb0342aaacdb79f3f3262bdf4a5a9b982aa1324", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "`经营亏损 -> 控股股东/实控人冻结和司法拍卖 -> 年报问询/仲裁/账户冻结 -> 募集资金被划扣 -> 资金占用处罚和监管工作函 -> 审计保留/内控否定/募集资金无法归还 -> 公司收到证监会立案告知书 -> 资金占用整改失败停牌 -> 债权人申请重整/法院启动预重整 -> 公开招募重整投资人 -> 资金占用清偿完毕 + 签署重整投资协议 + 复牌 -> 部分风险警示撤销 -> 后续诉讼/实控人刑事裁定/行政处罚/可转债无法兑付`", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d21762eab04ab077e3cfe8e5f5ce4bb69cfdec09c708562ee38edda20e368e05", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 证监会立案类公告不一定是根，要先查它背后的资金占用、控制权、募集资金、内控、债务和诉讼链条。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9cf13baaf8c88ca59bcfef22e9bcfe8257ccb7f23252dd826cb79940bfd51c76", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 坏新闻后反涨，通常不是坏新闻变好，而是同一链条里出现了更强的修复节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7fdf3373457b8f4b21beab16af5132351b8e956e7ed3f9b811b5bb4553fec03", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "- 清偿和重整投资人是修复锚，但实控人刑事、行政处罚、可转债兑付和诉讼仍可能把后续走势重新拉回风险侧。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c8f8d538d3c3a128f837d0b46e43eccb05935c7251e8bd530a4a71d98576743", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0043_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0043", "raw_excerpt": "`mirror/data/result/darkline_hvstory208_to_215_603377_governance_debt_restructuring_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b397caa08dbde41c4c01226cc651dd5eb0917bf67130563f55219f6659b819e", "source_reasoning_step_id": "DLCASE_LEGACY_0043_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "## 案例：603398.SH *ST沐邦重大诉讼叶子背后的光伏扩张债务重整链 V0", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a74af8e3ad8661ba7e7d9c35e4e3ff4478283183c9a6cc859e26aa892c7413f", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "50e188bea99804bbda4c58a4574319c2de9ac8e4e3a0fc6aef0a33865d866cdd", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "队列入口是 `2025-09-03 关于全资孙公司重大诉讼事项的公告`。按标题常识，这是利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8c551ca0b293d3814a377da77c2799270db9d8b8a13d8b73818cf827c7f6498f", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "但继续问为什么，会发现它不是根。沐邦高科前面已经经历了光伏项目扩张、定增融资、项目延期、账户冻结、募集资金被司法划扣、违规使用募集资金、资金占用、公司和实控人立案、资产拍卖、关联方借款、叠加风险警示。重大诉讼只是项目扩张和资金链压力的一个叶子。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71f91d82dcae0faf70de29938b9b014da6eb9bcb11344116afd184d68385ad36", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cbf0a041ba57c1c95896f2dd08d5e54ffbc15140502b9c734818d080609f221a", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "`PHOTOVOLTAIC_EXPANSION_FAILURE_TO_RESTRUCTURING_OPTION_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b043d6dd4ddc382cffde2849ba8f17739afd6f468abb98320ea9f64214b20bfc", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "大白话：市场后来买的不是全资孙公司诉讼，而是光伏扩张失败后的困境修复期权，包括资产处置、关联方借款、司法划转、公司和控股股东重整、资金占用清偿和治理重做。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f021c8baa6fede0f1e7b0afea86b6a992d10676607aeb0d17b5e325b5c0f0c9", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba301491ce8eebd18660c596f0673993fd2344d4fa207c1a9f18599c5f756418", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-01-05：向特定对象发行股票获证监会同意注册。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "036663dc4e190ea768c8154faf3ce6cc18e1e378633ec1664aa944d930695420", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-01-15：签订项目投资协议及前期重大项目进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0752548c819955e8cb89673de3a83253e4a8b29cca56bbc700a76a9dba46001", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-02-21：定增发行落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc2cf0050f9baf4507b094736bae1e4b33fd5915511956ba7725e7072ad01505", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-03-23：投资建设项目继续推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "628c7694ef1e53b2f303ee8e3da48a2f2be5932c324deaac05a8bcb3d483a5ba", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-04-27：计提信用减值和资产减值。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0589adc479054f264ef479db0273e927019e938ff9019fdbf1580c22bec76733", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-06-04：全资孙公司收到中标通知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de4c7a99249f91d6c409062a5d632af8855903ea1fb4560516f9636c7593cd3f", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-07-10：2024 年半年度业绩预亏。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d5d24e07fabf81d005d0ea675254a86d78551ca8fedf6b8134accc162eb75c19", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-09-25：下属公司涉及诉讼及为其提供担保。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7dc5eb64c6a1650451f91bb9a4d7b4b969ba41323099f806cd52d65cdb61b32", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-10-09：公司募集资金专户及部分银行账户被冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5eee845578b3729134d7aee41368afcada0fa2bdaa3ed592e5f2ba127f6ea17", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-12-28：募投项目再次延期，并使用部分闲置募集资金临时补流。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cf692d98452d849462363118e7d0eae13fc3866f6a4f150c04f1ad59b34c059c", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-01-24：2024 年年度业绩预亏，并收到业绩预告问询。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "57c92d0e245b2cc568cfa46d135e5a26ff61011aa21798811bad34e457a4ea5f", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-04-26：募集资金账户资金被司法划扣。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "861c4c962ea27a34bb5488f23d6f94e013ef787aa63236d06cc535f2667ca395", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-05-14：银行账户及募集资金专户被冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b68e3a414db2601011a6084c15c7fc21702cf3a33cc41324bfc78f6efc0c6581", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-05-24：保荐机构现场检查指出违规使用募集资金及关联方非经营性资金占用。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "73632b3e0d8aee1fae325c029e345d2068c8ace52cd0565b8a09e4b7d6459cd8", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-07-26：公司收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "56d864dc8c7435e311a323f4142ef6262b19fdaf8a3d02b394c0db7d820401d9", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-07-31：无法按期归还募集资金。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3309135c8d745a73837c6c0ed9e2a520a4fef33fa12da838ce067513ef5ff755", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-08-20：子公司资产被法院查封。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5fb6020013afa6296e9c4efc7583fa12f2a229a6b22bc89105721eaf04ed754e", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-08-23：向关联方借款，出售全资子公司部分资产有进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05aa2f893c2a23c1747097f456790bbed5001a55ce9c46e17cedd4aebbca19da", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-08-27：股票被叠加实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff602b13f84385d5a167ed39ec163335c358c9f364630028b4c702c616c2a8c1", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0429379ab19cfff37824747596521adf1ac8ef0b785c58aaee1c7309d80e5b78", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-09-03：全资孙公司重大诉讼事项公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6b6f3d8e27010bf8af3ec89c0d97a70d7f01a94f7175d1063a4bd5e6c79b9427", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-09-11：全资子公司向关联股东出售部分资产并售后租回。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3c4441c2fee8f55a15e0a09e0f53b9cfea7cfc84dc0f6ea15d541fc8d6cde30", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-09-24：控股股东所持公司部分股份被司法划转。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6becda50283cf6a8ef8aa54c74db7542c84e5a2073fd8eccc56328e0a29f14c3", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-09-30：实际控制人收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "401b265529ec258994292eef908b5f17ef34eeb4382c9fd67cd0d88327dff82f", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-11-15：公司和控股股东被债权人申请重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "896b507b2beb656a5832c1150a04f8fc08b95ad8e783784df5e81e6cba2e9418", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-11-21：法院决定对公司启动预重整；控股股东及其他关联方资金占用清偿完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f3d8c0e462d405033b0d1f49918260efd8390ba4fd4f9a30061d677bea31009", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-12-20：重大合同违约及风险提示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71231020176f490fe70ae68a225cef485af9b8180f0f9578b0ce6cbfbccf72e2", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2026-02-28：公司及相关当事人收到行政处罚事先告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d5f39cc67fa4f041d8e7a215a7a370a5924a8b1fa8f78c5c7da840c894158a4", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2026-03-21：行政处罚决定书落地，董事长及总经理辞职。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4699e737fb3f9cfaf610fc2a21797d519b17c3a6a05ec5d2cb57bbb2e6adb015", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01154f2012ee148bdbd7ca36bc9b9912559a49631c5229b40eef3f756140dc53", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "这条暗线输出到 `L3 单票 K 线 + 光伏扩张失败/重整修复拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa9eafee01812a1c08b115aa2b3f0803a1a91d333a1e952964a8a29e12c88784", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-03-23 到 2024-09-19：约 `-23.73%`，项目扩张推进后并未稳定兑现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "84e0acfcd854e5931a497e38f4a5347099bc847b9263c3ccf23cc1a6d7b26745", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2024-09-25 到 2024-11-27：约 `+78.51%`，早期诉讼/担保压力阶段反而出现交易性显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5da01313924d1d3b36d88693fbe7a98dc8760feda34105e09c4872f7e491843", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-01-24 到 2025-07-29：约 `-69.41%`，业绩预亏到立案/募集资金无法归还阶段大幅走弱。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53616ec2696d3446475c08eca531910b404acfccd9616e478ebe4a51b7c5c694", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-07-26 到 2025-12-09：约 `+95.10%`，公司立案后反向显影，主因更像困境重整期权。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e06a837873b54007d51fc82ecb623ebcd13a51a234594b181ba8619f14ee89c4", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-09-03 到 2025-10-09：约 `+43.34%`，重大诉讼后短期继续强显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3720f3224e7fcf7b5eaffe86dba35ba7b877218a6437963ea253465cdf2604be", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-09-03 到 2026-03-10：约 `+59.87%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e815c6174eee5cea6500f921264cd35c47cd110ae81aad7f0694a1fcd8031b4a", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 2025-11-21 到 2026-02-25：约 `-10.23%`，预重整和资金占用清偿后没有无限延续，后续合同违约和处罚继续压制。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70c95f5c3c691d3574e0e6db64f95ae03bef303d5c03fb07db980e4b0320f383", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ed99b24341ca895180b5335602b3e4f7c10b7246bf3f233d9904daacc60f0927", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "这条故事成立，但不是“全资孙公司重大诉讼后股票反涨”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0c229c5b1ec241f9164be86eb958d20169479704cee90c26dae9e8fbae7d9b00", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "`光伏项目扩张 -> 定增融资 -> 项目延期/资产减值/亏损 -> 下属公司诉讼与担保 -> 账户和募集资金冻结/划扣 -> 违规使用募集资金和资金占用 -> 公司立案 -> 资产拍卖/关联方借款/风险警示 -> 全资孙公司重大诉讼叶子 -> 资产出售售后租回 -> 控股股东司法划转 -> 实控人立案 -> 公司和控股股东重整申请 -> 资金占用清偿和预重整 -> 合同违约/处罚/管理层变动`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c38b7a70c16aba3fa66ab6b8655ffb5467a2f1db53766ffa37d25316cc6880b5", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 重大诉讼类公告要放回项目链和资金链里读，不能只按诉讼单点读。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d10c6ef9c23f780f4fbbd7fb8598c6dae9553b5438a1ec44ca8caf02577e560", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0051", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 坏标题反涨，往往是因为同一条暗线里出现了更强的修复期权，例如资产处置、预重整、资金占用清偿。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "708cf687e0dd02d2ea9fbe7e9b94002916257d054deacb9a53cad48d7e67ffe2", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0051", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0052", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "- 如果修复后又出现合同违约、处罚决定和管理层辞职，说明修复链不是完成态，只是阶段性交易期权。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c297c7b7f5188de11cdaa79aa2a005eb022e9d05d343b296efd6ba61aafa71c2", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0052", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0044_EVID_0053", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0044", "raw_excerpt": "`mirror/data/result/darkline_hvstory216_to_223_603398_photovoltaic_restructuring_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f66257f26024884de3e9394df608758726da4c47a77f82684de9795ac8f77430", "source_reasoning_step_id": "DLCASE_LEGACY_0044_STEP_0053", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "## 案例：300167.SZ ST迪威迅业绩预告叶子背后的退市风险修复与激励绑定链", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ff1b62327135f5449e7500298a52e4c5dc9609fc2a0d1dc7afbf13ca0e4a68c", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3115c5799dc7a888048a26cd899a9ee42cd75f7058b2d9616f93275fe587327e", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "队列入口是 `2026-01-30 2025年业绩预告`。表面看，公司继续亏损，正常常识应该偏利空。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "843be35d811afb0e01b2b475d6af3ac4de4c4816e49758102721aeae9c6aec73", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "但继续问为什么，会发现这条公告不是根。公告里亏损主因是股权激励费用摊销和减值损失，扣非亏损区间比上一年明显收窄。更关键的是，前面已经完成退市风险解除、净资产修复、权益结构变化、2025 年限制性股票激励、董事会换届；后面又很快推出 2026 年限制性股票激励。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35ac37473086e185bd87bbbcb3bef551763ea2669d0b6210bc8738e47eb7924f", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1287d931f9b8f32d7471c66eb3b59b7daf2b2f4b85e289846a314882eb165205", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "`DELISTING_RISK_REPAIR_TO_GOVERNANCE_AND_INCENTIVE_BINDING_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bdd4b4ed84cef080622401b50fdb8f1caef505b0fa5b0630f13ecc5d40ed21f5", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "大白话：市场后面买的不是“亏损公告”，而是一个困境公司从退市风险边缘被拉回、净资产修复、治理和股权结构重做、再用股权激励绑定团队的修复期权。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "240bd838da43b56d4acd970ec739eab7824049da35fa12f86203e0886d27ce5d", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f5bc1c5934f0232609f532b7078b2875187511e1ac23af439570d36d0ff2f5e", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2024-01-05：收到深圳证监局责令改正和警示函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "57cbf27ee12db6a2a889a81a83f227fada8a227400ac03b5f982d8d9a73cabc1", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2024-04-23：2023 年业绩预告修正，并连续提示可能被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0a84bf6533ac298c7b7100935a25e841295ca538a165cc14cea4920779ed62c", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2024-04-27：2023 年净资产为负，股票被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "313ff2ce1ce434f6cadeac4435d6b49b243b45fa12035e4953711f9457786697", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2024-07-11：股东签署股权转让协议，第一次控制权/权益变化预期出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bc52629a36ea5cb43d7f9741fa70c313c772863981a19f1e8e524a7d2bc9133", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2024-09-19：股权转让终止，第一次控制权修复路径失败。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1477eab04749d808cfd7023c40bae9dab31a164e368dde4cef61ccf62dc168b7", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-01-07：全资子公司受赠现金资产 2100 万，且公司与黑龙江建工签署和解协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "378430899b7e2edda94643ee03fc40760589191ccfe418e09f447ea8564b9096", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-01-23：2024 年业绩预告显示仍亏损，但亏损大幅收窄、净资产预计转正。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "827c4b0c77ec84f884565f1427a549498bcfc2e4dbf8cd489211f2ac8be19316", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-04-30：披露 2024 年报，申请撤销退市风险警示，保留意见涉及事项影响已消除。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d7c7ded414e7adacc5b042599afdc47065817cd3772803cc363e35891d5ff02d", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-06-16：撤销退市风险警示，简称由 `*ST迪威` 变为 `ST迪威迅`。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d3b1fc444b76a282384f14a9e85856269594ebb305f4222475ed9dc56dce0eec", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-07-08：持股 5%以上股东股权结构变动，权益结构继续变化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1b7a3b8262c38b49471914d0b2dc0a807839fbe315535a5791ce088f6b786d6c", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-07-22 到 2025-09-26：2025 年限制性股票激励从草案、授予到登记完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "59723b62a31fafa427509656f9f0e470c254db31802a20709c03fcc351280425", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-10-30 到 2025-11-18：董事会换届并完成选举。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25ebe5226810937ff2610ec0ac32915864f87d0b8d961416cad51207269af6bc", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6014941754c7705c2dfcac31d999347e05caeb49cdd3397b19d602106cbe6f7f", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2026-01-30：2025 年业绩预告，表面仍亏损，但亏损原因指向激励费用和减值，扣非亏损改善。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93812cf0e27462f2d77c3e30ffc5b18aa05914baceaf36d497c62a0bd13f33c9", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2026-02-13：推出 2026 年限制性股票激励计划。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd5ebfe04041d1f4502524e28a9d0fd2ee5a969e0437636d1e98b89532d2323f", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2026-03-05：2026 年激励计划自查和股东会决议继续推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "34e8201e8b84001b2b217670c87d7f0fbf7ab7c5f39fa9e152927f9f3cd748b2", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af7338988cbf943bdc22f42d0ae4f2b6afd5d80c555ab93e55216b04532fcfc1", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "这条暗线输出到 `L3 单票 K线 + 退市风险修复/股权激励绑定拼图`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c8a760eaeafde18a120da4f6d22901b15b63995b25aa393738a5d7f18adaee32", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-01-23 到 2025-06-13：约 `+77.90%`，2024 业绩预告后，市场交易的是净资产转正和撤销退市风险警示预期。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5eb47f0c08328ea06c660a3c6e6129450267a090db51a6a351e4180d1c621ae3", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-04-30 到 2025-09-10：约 `+80.71%`，年报和撤销退市风险申请后，修复链继续显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1eeb486003ae677d1e1cd26d02538cb2d0097dd89d13bc5835bb69a8412d6e1e", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2025-06-16 到 2025-09-09：约 `+51.25%`，退市风险撤销后，激励和权益结构变化继续承接。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b14e8fce0fb742cdea77b9e064194b9b4c11ab3abad84a74e8815f4b533d06f1", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 2026-01-30 到 2026-03-09：约 `+42.98%`，亏损预告后没有按利空走，后续 2026 激励计划成为关键解释。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46487bb7ed23854f6df844d271527d6b3d8490b24fc364c49dd9372fa6994a3d", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "58ee04a5e8074a4ec8aaf1abf2256d40bfd2d157b68b5fd824219f3e9b60571c", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "这条故事成立，但不是“亏损业绩预告后股票反涨”。更准确读法是：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27658ea2294fb3f00c7dc6999d9132df664b9695d4a32c1ec5317296d46113a3", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "`监管责令改正 -> 退市风险显性化 -> 股权转让预期失败 -> 现金赠与/诉讼和解/净资产修复 -> 2024 业绩预告确认净资产转正 -> 审计进展 -> 撤销退市风险警示申请 -> 退市风险撤销 -> 权益结构变化 -> 2025 股权激励绑定团队 -> 董事会换届 -> 2025 业绩预告仍亏但扣非改善 -> 2026 股权激励继续推进`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0bc0a3ceffb49b3c76717bf7f616af6ea33095e4d63809948174df6c92e75821", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 亏损预告不能只按“亏损=利空”读，必须看亏损原因和所处暗线阶段。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07701f8cd4ab4ac7454782135736277c28dcc315dd3394166df5ea0180b9246d", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- ST/退市风险类股票的强显影，经常来自风险解除、治理重做和团队激励绑定的组合，而不是主营突然变强。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68abaae9248d684b4284799efc4bbb0893d187d436b0645d51146df0ca641080", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "- 如果坏消息后很快出现激励、换届、权益结构变化等后续节点，这条坏消息可能只是迟来的确认叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dafa4f13c3f8284e8db5072aef12c8ab187a4965b60d7488af9926aa7f018664", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0045_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0045", "raw_excerpt": "`mirror/data/result/darkline_hvstory224_to_231_300167_delisting_repair_incentive_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97c3d81a38b7aa3c18b596b04bd03033c961ef126d54b92bab7af8469f8f82fb", "source_reasoning_step_id": "DLCASE_LEGACY_0045_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "## 案例：300096.SZ ST易联众违规事项诉讼进展背后的风险解除与国资治理修复链", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "879a896898ad004d1d1562043c82f88483a8e1badab81c97b1652672d6dbb9e8", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a119519beeb1af0da9c8399084f557e5359ca326e0942ad3688a9c2e219a8d6f", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "队列入口是 `2025-08-25 关于违规事项涉及重大诉讼的进展公告`。标题里有违规、借款、担保、诉讼，表面看应该偏利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "069b0d99706c3e2b3361ad8388ac0de0606a9bd6197517aa688d240de0e58cc9", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "继续问为什么，会发现这条公告不是新增利空，而是终审判决公司无需承担连带清偿责任，违规担保和违规借款情形已消除，并冲回预计负债 6045.45 万元。同一天还有民生科技股权回购风险提示，所以真实状态是老风险解除和新不确定性并存。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "be923e3be167d15b5798d606a86f655cab0aa21e53f15b4a35809dc0a51b5e6a", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "02d56a366f05533af3b9a2262ef1b35e8408c86e8bc15885496092bf833663c5", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "`ILLEGAL_GUARANTEE_RISK_CLEARANCE_TO_SOE_GOVERNANCE_REPAIR_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f513047e67aea217a9e541fa872f6d48d4ff1925ab8b7900732473928ebbdc3", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "大白话：市场后面交易的不是“重大诉讼公告”，而是一条旧实控人违规担保/违规借款风险被清理，周口国资控制链和董事会治理继续重做的修复线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52d0ea85bded58c0622991a9aabd173bc2da176f5223356426406d91aa62b9fd", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "76b1ff38ada61da9b0014264c612e52e28ee1eb46d7f48401bf8963f3bf5569a", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2023-02 起：控股股东股份多次新增轮候冻结，股东层已经不稳。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "da99b203f5b63eba5841025a8c5c06eecdfa53d3542290b64951f995dad63351", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2023-08-25：董事长辞职并变更法定代表人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89db5595351c3c09636b8823e759e938a7ccc9e6b797c45af634f13d2049bc42", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2023-09 到 2023-11：控股股东所持股份进入司法拍卖流程。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0c8e30cca5f3ee7b3443afb51741284fa35a6c4ed171f21a0b206cf9172c431", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2023-11-28：公司披露违规担保、违规借款、重大诉讼及仲裁，核心风险根暴露。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f11754e68e06ca4aa51aaddf713b7230cf71e6c4e82da0cad3a39b12ffb8ade5", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2023-11-29：实控人收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7cb848cb1ef75facf5441efdb46ce46563848e5270926a0c9907e1cd29cfe47a", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2023-12-29：股票被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "22563066d7f40fc5d3cd45c1a5bf099dcf28f8783daf9aaf675cc9b2863db47b", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2024-05-08：公司自身因涉嫌未按规定披露担保等被证监会立案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3993d05322d604055928614015367282e790b884a9d0fcb889b10194a6221fde", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2024-09-03：仲裁确认相关保证合同无效，公司无需承担连带清偿责任。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e29f84a4285a4569acba34e4afef2cc5d879528201843883235e2281198498f7", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-01-23：业绩预告提示诉讼改判会影响业绩，说明关键变量是风险负债能否冲回。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c46ea4f9f3159b352889b3ead6e12cfe4615d59e0ff9d532af537f2f19f86e55", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-08-18：上海云鑫要求回购民生科技股权，出现新的子公司股权回购不确定线。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8878b5113891b70955a0d9dd2048d7f0dbbecc0b24a88f8a09bca74d9c8f2921", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2a80b815a97378c4ad2fb0c848c33173faa218096972275991c66badbd9443e9", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-08-25：终审判决确认无需承担连带责任，预计负债冲回。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ecc80c827d127ec32558008954e620d3ba34545d4a88c61ef8a5c70135ded254", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-08-26：控股股东上层股东股权结构调整，公告写明优化国有经济布局、深化国企改革。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f2b9115cea3d1f037efd788eff01dcccce9014f2743a5454a6ff64c0f74184f9", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-08-26：股票连续两日大涨后异常波动，公司确认违规担保/借款情形已消除。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a496640a48d5fada77c9072a9c4e2354ecfcd919d872f605b161f0696ec8b93e", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-10 到 2025-12：董事会换届推进并完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e4daea7c063938d836138615acf196dbde1abd5ada9241f0106d272a3b64a8af", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2026-01-26：控股股东上层股东再次股权结构调整，公告写明国企改革、层级压减、提质增效。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ddcb265f5c5692d030dbbd136d7d041e9d3768473cacd1c1fd121b2c15554867", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2026-01-28：再审申请被驳回，诉讼风险进一步扫尾。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d18cf9c42cf9cfbaf08a094152101a516dff67634cc2771234cdf97fd3de4bb4", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2026-03-16：董事和高管继续调整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7034ac5d1c48af04814f1836813bfc384717e6547c1373080d2c1021b8fcb8f9", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e362b9f42d4d4cb79bd7f550675bd493be0d4a2742b8c147bbafde127e4680e", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "这条暗线输出到 `L3 单票 K线 + ST 风险解除 + 国资治理修复 + 子公司股权回购不确定性`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d2c2e75dab3cb69af9a7e7ce557fd2c26e04af758273820ab91c216e11a30f45", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2024-09-03 到 2024-11-29：约 `+33.70%`，仲裁风险解除初次显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "824dbdf537d444b1a56f611fe941f5ab67bc30bcd5a67f7ba1949931812e33c2", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-01-23 到 2025-04-30：约 `+33.22%`，市场提前交易诉讼/负债冲回可能性。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9363843d42501bda554d3e5efbdab817853746739b18a2ab0dc1f79776df2f6", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-04-29 到 2025-08-25：约 `+25.85%`，终审公告前已经有预反应。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "333af37105eb042a38cef2aa36151a0629f979b979b54ddbebb1d8cf343bd109", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-08-18 到 2025-09-23：约 `+51.03%`，民生科技股权回购风险提示后反而强化波动。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7e8dec18d4a0750a2a7ecab61e65c74459fd5552326b34e347c275aa07db618a", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 2025-08-25 到 2025-10-27：约 `+61.41%`，终审公告后治理换届前仍有延续。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ace659ba50ffc5dc227a3c593ca58af563c14892b7fcabca924752c3dafb2b3f", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2dc79fa84856fd388e6b4e8fed012069a89ce9298a32213d6fe020fe37b35098", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "这条故事成立，但不是“重大诉讼公告后股票反涨”。更准确读法是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7fba922dd421e4a5f1bd1cd2830c426a3faabeb4e4af54db3de6986b3d1772be", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "`控股股东冻结/拍卖 -> 董事长变化 -> 违规担保和违规借款暴露 -> 实控人/公司被立案 -> ST -> 仲裁先确认公司无需承担责任 -> 业绩预告提示诉讼变量 -> 民生科技股权回购不确定性 -> 终审确认公司无需担责并冲回负债 -> 周口国资上层结构调整 -> 异动显影 -> 董事会换届 -> 再审驳回 -> 管理层继续调整`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4240fbafdc3f5e347bed36bd423f925b871f59e97418405f9fe3eec08148a758", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 带“违规、担保、借款、诉讼”的公告不一定是新增利空，可能是迟来的风险解除确认。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82c6fd2085910b77d1ae01251e011dd1a5dc0926629711819c6b7deb754ed39b", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- ST 风险类股票要区分风险扩大和风险清理；同样是风险公告，阶段不同，K 线含义完全不同。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82b46fc80be75a10f2478dd65c3a797b35242040c68118074cb33aa080ac935f", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "- 如果公告前已经上涨，公告本身更可能是迟来的确认节点；如果公告后还有国资结构调整、换届、再审驳回等节点，说明暗线还在延伸。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65f214fa0e53832a2ab4ce57d5f44c58054b720b8ee97c69f701e437fe3ed53d", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0046_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0046", "raw_excerpt": "`mirror/data/result/darkline_hvstory232_to_239_300096_violation_lawsuit_risk_clearance_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8c48a982c9f5860e6721cc9da5a49961b00d50487721f5c6b03bee996c8e3dd5", "source_reasoning_step_id": "DLCASE_LEGACY_0046_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "## 案例：000609.SZ ST中迪对外担保诉讼叶子背后的控制权司法拍卖与债务盘整链", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b30bc265609ba393da74563dff6ba6782415efecbf36d03f9cd013c1f3e1dd2", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "### B/C：最先看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cab9378a6eeecb9552d4e318b0c385abe01bdb059fa93851a06ae984b10fd8f0", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "队列入口是 `2025-10-21 关于公司对外担保涉及诉讼事项的进展公告`。表面看，这是对外担保诉讼、被告、涉案利息、利润影响不确定，应该偏利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "67429838140d4b5ed78f96fb8521a12065971339f59f697cb833156d280eab74", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "继续问为什么，会发现这条诉讼公告不是根。它夹在 `2025-10-18 控股股东 23.77% 股份二次司法拍卖成交` 和后续 `2025-11-11 控制权变更完成` 之间。市场真正交易的是旧控股股东出清、新买方拿壳、债务和项目盘整的可能性。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47285fe2eef76582875309dd24d0d99061a859ff302ae11e7c32e4066e0fb46b", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "443ec9930a7b794efea1393f44d0a07d6d95d99ac795491f19bd81b4e9e65708", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "`OLD_CONTROLLER_FORCED_EXIT_TO_CONTROL_AUCTION_AND_DEBT_REPAIR_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0d48dca2849e09c633a6c70038afebbb15e360eb5e2bd86971e49ebd4c16cfe6", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "大白话：旧控股股东因为子公司债务担保被法院拍卖全部持股，新买方深圳天微投资用 2.55 亿元竞得 23.77% 股权，市场把它当成高风险 ST 壳的控制权重排期权。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "313b8e413cdc753a016981cd34ad3887a333ea748dbfd5e9b6b5680f4a3650d8", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "### M：B/C 之前已经发生的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f4e64554948e390d74e9bacf6bd5534aeb82ca84a9ddabc3a38e57b04afa6143", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2024-04-26：公司被实施退市风险警示，困境底色明确。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6787fb6a69b560fad1e7c79cc6389eb41ed126a89de27636e4b1bf5530465068", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2024-05-07：控股股东股份被冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3277f085bbd193e5ea90a6604059ac0a5e430e57871da71477e3db307b5d25e", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2024-05-14：全资子公司中美恒置业重大借款诉讼披露，债务根出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e7362e84ad560c6036cccd7f4eb5b0481ce04906792cfdfdbf8e0496074f548c", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2024-11-02：公司接受关联方财务资助，全资子公司提供抵押担保，资金压力继续存在。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19b2590143e34c87a9f502fb800474745365729e667081279be2e6c63090583d", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2024-11-30：中美恒置业诉讼一审判决，公司、原控股股东、原实控人等承担连带清偿责任。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5e6ea0e3919ac38fa41619dbddf811bcd311e4b824b7fd053127d362cc72c735", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-04-23：公司申请撤销退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1b098a7b8c750f0ddae01ad82786d3b2b760b208635fa1d2d213bf9374e4b871", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-06-10：退市风险警示撤销，但其他风险警示继续保留。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac4855f63e38490765076fb1d085fce7472a9dbf1c7ea86bc762bcfe8659e468", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-08-21：控股股东 71,144,800 股将被司法拍卖，占总股本 23.77%，占其持股 100%。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06e89e78d932d6883d4f1c73c23b6e0b585c96fc1b5b094c19d9241639bad77f", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-09-26：第一次司法拍卖流拍。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bbac8e4ea28b6cb77f77fb7c328918a947a5f95c6f657293dd906ac8daba3b92", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-10：第二次司法拍卖启动，起拍价降低。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2edf2de4b515764047c2a2b224658ed6dd02f46eb455daac9c04b94488d4a3d5", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-18：深圳天微投资以 254,983,100 元竞得控股股东全部持股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a85f0f95d34fc4839cef2efcdf989db99d0ec0d145a6536815600cbc066132d4", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "### N/L：后续验证暗线的事件", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7eead0c381e9f22ea3b2ed95ebd07e44608976b4155965eed27eb16ad174adc6", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-21：担保诉讼进展公告出现，但同日异常波动公告已经点明二次拍卖成交。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61d08bf077bb275c62501948633a8428a3facc1eec25674753ea92ce28e62a06", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-24：子公司承担 1400 万元违约责任，说明经营和项目风险没有消失。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94618e0e18e14d2812d08e30981a43e0c694b486deb1a62a022890109331cd96", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-28：债权人变更，债务盘整开始出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cce8eb25f0c8c77b3b118afa840b67d5b471ae4ce0b796bbb3c7faa88fa8b315", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-11-11：司法拍卖过户完成，控股股东变为深圳天微投资，实控人变为门洪达、张伟。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "17847d970d0709743b4ba7b113a8511b67a5760dba9ea8910923ffff91b66068", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-11-15：子公司以房抵款，继续处理工程款压力。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f99c7614f18db8a00e95dc9ba3b118a2fc315958ddd42dd42dd1923e73733b70", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-11-18：复牌公告披露 2025-10-16 至 2025-11-12 股价涨幅 153.19%。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "691b066374057f3b4c82bfd03afb6c94c5224171d578fa289da624bb737866a6", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2026-01-30：2025 年业绩和净资产可能导致叠加退市风险警示，说明这不是经营改善型故事。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "241298a135337c5b913969a1d121ff01d721f37620aa30b9d9a437de931255e3", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2026-02-10：新控股股东提供 500 万元财务资助。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e84aebd168f302dedf246dc17f2fd7d3c48b3fe2e19a2abfd5ad11afb6d51f08", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2026-03-05：选举董事长和董事会专门委员会人员，治理结构继续重做。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6d7f33b303acb83e6a01a57d2d1c059ae5453deb5ca6aecc0e7c2618f3165876", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2a80a556787351d5ad476ebffb994a329a86d49530a4d009682fb0a485ce4243", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "这条暗线输出到 `L3 单票 K线 + ST 壳控制权重排 + 债务盘整期权`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ffe2f82b11a48829921545d2e596a8986ad92a1786be09f3ef35be75da0bfbe6", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-08-21 到 2025-10-21：约 `+34.62%`，司法拍卖预期已经开始显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "148d7cd27f3eb80c7b776b9fd5a7f8cf676c81cb84dbaec336479b1d6a759348", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-18 到 2025-11-12：约 `+129.34%`，二次拍卖成交后进入主升段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0886df62868454e2bc5708dd254889915de497388dcdd13b65def1bcaacce13d", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-21 到 2025-11-12：约 `+118.57%`，队列入口诉讼公告后仍强涨，因为更强节点是控制权重排。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d634f7871caf0cfae8043a960a5572088c23db2e211a60d1d9f3395f4313ba7e", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-10-21 到 2025-12-25：约 `+96.12%`，控制权变更后的交易热度延续一段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f1ed919439e496059f55a46d7f75570ef54b452f27ee6738cc060088f2b189d9", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 2025-11-11 到 2025-12-25：约 `-5.78%`，控制权正式完成后开始降温，说明一部分预期已兑现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3539b1bacd5549abfd8e7f3bed4a07e2802d12a21295cade310ba320dc923d71", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "30e25a50b3c6be5784f19bf24f58f77aed982ce944caabe027e44dfe314e2fad", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "这条故事成立，但不能读成“担保诉讼利空后股票反涨”。更准确读法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06bdd2ff32788924cfe05d722e9ee79ee8cf0f30a7c8771f1441f1df532e2b01", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "`退市风险 -> 控股股东冻结 -> 子公司重大债务诉讼 -> 关联方财务资助/抵押担保 -> 退市风险撤销 -> 控股股东全部持股司法拍卖 -> 第一次流拍 -> 第二次拍卖成交 -> 担保诉讼叶子 -> 异动显影 -> 债权人变更 -> 控制权过户完成 -> 以房抵款 -> 复牌确认大涨 -> 新控股股东财务资助 -> 董事会治理重做`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01f58a58b651a36749c039f069f95422672fb04f9518098830b752096ac16a4b", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- ST 壳类反常识上涨，常常不是因为坏消息本身变好，而是坏消息被更高价值的控制权重排节点覆盖。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4250b725685834c42a2ccbc3d8df1412cd213cfeebe0fe1729ef104f3d01938b", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 同一时期如果出现“诉讼利空 + 控股权司法拍卖成交 + 异动公告”，不能只按诉讼单点读，必须问谁退出、谁进来、进来以后会不会救壳。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e2e975f0819c2db3496ed461803bd98a5096dafb1d2d6b971c71842c309d0cbe", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "- 控制权正式完成后如果股价降温，说明市场可能已经提前交易了拍卖成交和拿壳期权，后续要继续看新控股股东是否提供资金、是否改董事会、是否真正处理债务。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fe10c3fa60ff7441f6258d8013385d5cc20baa3ae3d4e97f1d1ae14334f55e70", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0047_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0047", "raw_excerpt": "`mirror/data/result/darkline_hvstory240_to_247_000609_control_auction_debt_repair_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d081f1d643a2c66a27ce26607197b338a833b3252f6f94fb3c3e30ea642e080e", "source_reasoning_step_id": "DLCASE_LEGACY_0047_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "## 案例：300716.SZ ST泉为，诉讼利空叶子背后的风险解除、订单显影和资产出售链", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "30efe1e593b5e846acc44e6ebfe4c8343aef9aaf6896e6cb7ae3507469a03b6f", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "### 起点 B/C", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "722407199fada08521115407174a655b919e6884663fe6b91a54c1b2c0e38d4d", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "2025-08-22，公司发布 `关于诉讼进展的公告`，同日还披露控股子公司部分借款逾期。表面看，这是诉讼、旧债、借款逾期连续出现，应该偏利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "02a7fa1007a4d21975e346459abc164b1eb55794028039a61016ad8933812b56", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "但这只股票后续没有按单点利空走弱，反而明显走强。因此不能停在“诉讼利空为什么反涨”，必须继续问：这条诉讼是不是根，还是旧问题的迟来确认？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "891811755edd275b836e2a24c4f056b4a13b3dd79204b211869299ca829ec20b", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "### 反推 A", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88ddd3a0daddd9b68625bbecb346245f9322e54cd9117fd0e02e9a40ad3a9f25", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "反推出来的意图/主线不是“诉讼本身”，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e0dbbbdf796284afe32efa724fe901201e0ad0e9956f0a54687fcf6f3ff155e", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "`ST_RISK_CLEARANCE_TO_EPC_ORDER_AND_ASSET_SALE_SURVIVAL_CHAIN`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "96735ebd1f007b86f662003985935497edf3a80d14bd3def7c5c511abd6c77de", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "大白话：公司已经处在旧信披处罚、ST、违规担保、子公司债务、净资产压力的风险堆里。市场真正交易的不是某一条诉讼公告，而是风险逐步解除、撤销部分ST、控股股东债务豁免、重大资产出售腾挪、光伏EPC订单连续显影带来的阶段性修复期权。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f01a158e235f56eedff60dec4c69752becdf200ad21117acb56c0d86b25920a", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "### 前置 M", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "976b6168adc991824065da26afb6cfe202682afd8db7c94d11cd4c87ee22c37a", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "如果这个暗线成立，在 2025-08-22 之前应该能看到这些铺垫：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "084a734714a1624da832cc05e333e53195cf1a202d6fc8558f6dbc0d74366763", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2023-06-16：公司因历史信披问题被证监会立案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f52ea67eb0325dfcb483135ea720af18f702f3b549b575e391b4da439f35e75d", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2023-11-03：公司收到行政处罚决定书，旧风险落地。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8be82b3a273d5cb5b5ce6a9a1a8f739c9f37219f662a529ed9114913cd43b8c1", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2024-06-07：山东泉为相关金融借款合同纠纷已经存在。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a981ab96f84065e2a06cb80698deab133d50ecded269d9277fea695388cda7cd", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-04-14：公司筹划出售安徽泉为 100% 股权，开始资产腾挪。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16f6822fa3240c1e8f549d22d77afea68186400d7ba14506f8a8dcbbb67e3bfd", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-04-29：公司被实施其他风险警示，同时控股股东豁免约 3000 万债务。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f04343afd405e3193c0f3e24d786e838d821584b26ba0aab25440303919cb483", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-05-23：因违规担保被叠加 ST，风险进一步明牌。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ea8455a432ea8039a0e163075265d806372114350fed79fa4c6ae6369106228", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-07-30：违规担保案终审，公司无需承担责任，风险解除开始显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1047f72422237375eb9ea5ab3b8ded2525a5fda74db23c77ff34c4feba3544eb", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-14：控股股东一致行动人股份被强制执行，控股层仍有压力。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1e75e98f30f7d0b6956190fb5470be5ee8435e3d90e14129bfdf5fba09fe052", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-15：公司光伏 EPC 中标。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "462581c523f75e2752b5674e1adb558147fd6e6fd5e5952c8688e4af3d95704d", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-19：叠加 ST 正式撤销，同时再次披露 EPC 中标和安徽泉为借款逾期。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "acb057a90c2d9d24fdd63e29b831fb88e8a5371f36659a7e98566adbda65df52", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "这些节点说明，8月22日的诉讼不是突然出现的新根，而是旧债叶子。真正更强的节点是撤销部分ST、违规担保风险解除、订单显影和资产出售链。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7a18c0415c5a868e146c2a6219529d16aad55d701d2f08aa7137a96cfc20c4c8", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "### 后续 N/L", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b85de8c5e55aeeee461966960dc050a50cc17ca31db55efa65340cd34c5ef25b", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "如果这条暗线继续成立，后面应该继续看到两类事：一类是订单/业务显影，一类是债务/资产腾挪和控制层继续补救。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ada55ae6fd3bda6f4da6d863bbc8dc71fce944cb1def0cf3f614186274041f6", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-26：公司签订三份光伏 EPC 总承包合同。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75627435ce7b84f2ea0e06ed0fe7abc45dc4934a3c96681c29926f4c44b9916d", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-26：同时出现新增诉讼，说明旧债风险没有消失。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9ea4a3b9b42f913a5e7b19d1c89bf32ec6dff8997d38893047435ebdfed2813", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-09 到 2026-03：重大资产出售继续推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d8cd192239d913f852e7550b11d81ded59bc17e75d95ff70b7628f7527145170", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-10-23：公司提示净资产可能为负，底层风险仍重。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "28c0b6f499a7b8d01ce3590a42358c05f913a9400a4eba42a4eb539984dd6932", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-11-07：子公司股权转让继续推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f57b10df6dde6c3ecfe2b1184aea2a2225fb6cff2af7459fb374c333295af68", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-11-14：控股股东和实控人为公司借款提供担保。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d86fe6b2a389eafd81b37337c988604e325ec204f837de6674132e2977b437c5", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-12-25：控股股东增持承诺未履行被监管责令改正。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ed5068e96746046349f28571c54e94d64fcb2b2d0a191367bd1468fa5a5a3afc", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2026-03-19：公司及实控人再次被立案，同时出现 1500 万纾困借款。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a172fbeb8da452afc37aab82022c075d0cf10de16dc859e0976a4018199a8202", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "这说明故事不是“公司变好了”，而是“风险解除、订单显影、资产腾挪、控股层补救、监管压力”交织出来的阶段性修复。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e0cb8ebd1b6dd6480fd5d2bead61b9ecbcab998431e1740f5163139f8f5fd00", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "94cf13f8b06f9f461ac64a1f113d02671b78b22ba7e970470b950bac9a1c9d67", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "K 线显影支持这条读法：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b12b7bb4696ef38f91e2df9364256df573760d144c3725895cab6d4a13fe3e15", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-04-14 到 2025-08-22：约 `-13.06%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8d4033e0470bc495071788c166f656278953e2e736bafd5a8fbde936f3d97688", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-14 到 2025-08-22：约 `+14.16%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c548e761aa6132e3c0c9e7542aba021120b9b968e3e397ef261e83f084ef8dc", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-15 到 2025-08-22：约 `+12.21%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18e9b186b91b1c899e1e8d35d171b5ec75cde84a9ca9e4140a84cf7b5b881c5b", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-19 到 2025-08-22：约 `+4.67%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f9f2b65f0cbffef0651d97a860b6818ff3d32b464343bb9c4b9b430db8c635cc", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-22 到 2025-09-30：约 `+46.68%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aef297633b07fa37fa7481e5a409b7174ff746d6c454295983b39225a4d79b47", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-22 到 2025-11-18：约 `+43.42%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "42cfb84d89f83ca9e5eebf5e2abbde3319d168acd7b6019ced192966cb0ac2a9", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 2025-08-22 到 2026-03-19：约 `+59.41%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24d199e100fa02d1454de900f24d89fd05d0a0bc6bcfdfc5c895d8008e275bae", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3586ec0bc472035db85f0fa933ebfef3696a9e9a16aa2d5e163846aaa3b5753a", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "这条故事成立，但不能读成“诉讼利空后股票反涨”。更准确读法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5a12dae87b6111bffae59dc52870b97ef109138ea161489af52957714a4f88c0", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "`旧信披处罚/内控问题 -> ST -> 违规担保叠加风险 -> 控股股东债务豁免 -> 重大资产出售筹划 -> 违规担保风险解除 -> 光伏EPC连续中标/签约 -> 8月22日旧诉讼和借款逾期叶子 -> 股价反常上涨 -> 后续净资产为负/继续卖资产/控股层担保/监管责令/再立案`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f77e15760ae89f7d8ddf04e994dbba773f1dbc4a35561b36df8fa45be9b5db3", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 负面公告后上涨时，第一问不是“为什么利空上涨”，而是“这条负面公告是不是旧问题的迟来确认”。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9db7ff580304273fbf84ff23012c6d05173baf9720bc0308437ff4d2f89ec1b0", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- 如果同一窗口内有风险解除、订单显影、资产出售、撤销ST，K线可能交易的是阶段性修复，不是负面公告本身。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "398cb0f15238c74eb4060b29d23a035e36c2194779ee28ace2e69e483031cbb4", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "- ST壳类反常识上涨要特别关注“旧债叶子被更高价值节点覆盖”的情况，但这类修复不等于公司长期健康，后续仍要看净资产、监管、债务和控股层补救。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9fa08c29cfbafde0b82cac2f7b6a745c2e827aaa80f36f1f4a09c24a922536c0", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0048_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0048", "raw_excerpt": "`mirror/data/result/darkline_hvstory248_to_255_300716_st_risk_clearance_epc_asset_sale_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "74c9d0db65783f2e15149fd7f16a8d70b85729ea988114b52eb1d75e54808a65", "source_reasoning_step_id": "DLCASE_LEGACY_0048_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "## 案例：600753.SH ST海钦，诉讼执行叶子背后的控股层救壳和财务退市风险缓解", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "51ab83843f7c1bc85134acef1081a1564ec7a73795ebd91984261ac5b0e0f391", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "### 起点 B/C", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88191533f24d4865417759aa965c4983dd30ae0e453dcd2e04ffca1ffc66c055", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "2026-02-11，公司发布 `关于重大诉讼进展及累计诉讼、仲裁情况的公告`。表面看，ST公司、诉讼、仲裁、退市风险，这些词都偏利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6971dcdf4bccefe4d27fa40db24a20919f2a4e54dd426b301950501f28756c6d", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "但公告细看，公司在本次重大诉讼中是原告、申请执行人，涉及金额约 1.315 亿元及相关利息。也就是说，这条公告不是普通“被人追债”的坏消息，而是旧业务应收/委托合同纠纷进入执行阶段，是潜在资产回收节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0576da46d4072a930b873c903a90766ff776ea3af9da57de58360dff8d41fe86", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "### 反推 A", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcbf122b2b1d6f8b0d9bcd5f0618dad4e30d42086a69fa8aeed23d8877be3b11", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "反推出来的暗线不是“诉讼本身”，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89398ed15fa1253b1b062b360d2647047d7e594248faf5ef1e95fededad3d548", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "`CONTROL_RESCUE_TO_DELISTING_RISK_RELIEF_AND_SHELL_REPAIR`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8c6c8ef7b81c7ec34e4d08b22059a8f87cdb2c7c87159de4bf30169d8266e7ff", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "大白话：控股层接管后，要保住上市平台，所以连续做增强控制、增持、改名、财务资助、资产赠与、业务和报表修复。市场交易的是壳修复、生存期权和财务退市风险缓解，不是单条诉讼公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9ea8670dd10dd11b217c818d8513fb43670dd4e273ef89f9b9aa88818338d6d2", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "### 前置 M", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c1570a241c128c0b55d2b363dd9548f94c278aa80ace215fdc99075d5b5851a0", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "如果这个暗线成立，在 2026-02-11 前应该看到控股层救壳和报表修复动作：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7fb34f5d310c4d489712d579295a8d310c406a44783ac6a56740576602547947", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-04-10：公司推动名称变更，平台身份从庚星股份转向海钦股份。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f7d5025e4dba280458fa2d5640fe5dd3bf0a4494139f1fc8c419ec054513952", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-04-26：公司因 2024 年收入、净利润、净资产等指标触及退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5969b3e8e7a934a29c81f2ed585cb0512a0254a50a649c764f41494a1016a737", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-05-09：控股股东浙江海歆公告增持计划，目的写明是增强控制权、传递支持和信心。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b88f49a163cc96931fd9993ccbc1bc87ee3b440b1c93bd3fa5f674d45ba698cb", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-06-27：浙江海歆增持至 25%，继续确认控股地位。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b7bc79bea5c8cf2405a6d0c427180fe7142dfa5a23f4d8fb78bac25396e8bad3", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-07-15：公司披露半年度业绩预盈。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7dde6e8f9768af0dcb45b0c30ade947c85f2ba4e3cb35492fed458ea1a338693", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-09-09：控股股东拟提供最高 1 亿元财务资助。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "795a90932c57500fcd17d36fa05d0c2529ce95335f607dea9376bf539c86338c", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-09-09：控股股东拟无偿赠与亚兰特制造 51% 股权，把资产装进上市公司。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e58841db46a2a25bfaceb3e0d5a5e3b58a1a945268279ce8f4c1754e5ca7ca54", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-01-30：公司披露 2025 年度业绩预盈，预计净利润、扣非净利润、收入和净资产均转正。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "21d9b0a876a988312d6b12b51dde49042e9a3a3b3b0fa86e67b67f4e6b0e62b1", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-01-30：公司披露全资子公司银行账户解除冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec8ee45a6405dd272d0a53de0f375e9629522bf222323b50b5ea9d6567bb7c05", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "这些节点说明，2月11日诉讼执行公告不是孤立事件，它处在“控股层救壳 -> 报表修复 -> 退市风险缓解 -> 资产回收”的链条中。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff9acb3141c84cd5409f90c7c71e8c3054a46b232a1b601654a68e4ed45fc30a", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "### 后续 N/L", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "137ade184a4bde1f997185244168d571d1c98f9a747ccc245e43917c50ad039c", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "如果这个暗线继续成立，后续应该看到市场显影、风险提示、旧问题落地，以及股权结构继续变化。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6c7edc34462cba62e0a6d22c37f3f263009e3a5c8e9f18a9db98457ca5e4eae", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-24 至 2026-02-27：公司连续涨停。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9973d4bb1f386184cda55ab4748ca18c4e410cd2119adcc1abe52a86b3f4a891", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-28：公司发布股票交易风险提示，确认短期价格波动明显。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eafaafc714a92336a5ee1ebfb4f4c9cc8dfb28a4fe742e5aa9a1d4223878322b", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-28：公司收到行政处罚事先告知书，内容主要指向旧时期信披和关联交易问题。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a17c507d38712477c1ced5bd1bdaf0750ce1e77edd1f34088cf1dd5750fbbf0", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-28：公司被叠加实施其他风险警示，但股价没有按单点旧罚单直接崩掉。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7a4867f79333ea1f7b03b5346316cc46c7f927237f7c3eea790b8894bd73f0d3", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-03-28：5%以上股东协议转让部分股份，股权结构继续变化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9ab31a43af17aea7efae2172c7b1f65d7420bf2e1405f99a4d7e8b9be928873", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "039ccf0424fa7cdfa1e8165e1e2071df1a2ff2393a92c0f5ff96d1c2e02e6a50", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "K 线显影支持这条读法：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87026c558d79db113c43d83eb43e64d5a73751da289f56a8ba9c74d9a6206e74", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-04-26 到 2026-02-11：约 `+74.29%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8de88814c9c79caaddaa894075989d6b07a4406de28b76bd6944fc85bf30731f", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2025-05-09 到 2026-02-11：约 `+54.15%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f21d090007478bd522d364ce01e176a910e0a3616ab8cb513e6c405b21fae544", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-01-30 到 2026-02-11：约 `-3.61%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b6022c07d6b46c1ba20de52663c1c807315dbfce4dc356e143d9698379e695cd", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-11 到 2026-02-27：约 `+22.48%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5a8d65fc107da01296f2416be70920d2c1b6ffbc2a23b9a71d7f65375a4c2d76", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-11 到 2026-03-12：约 `+44.03%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3b679fcc6f6e1ed8a4f2e8d1092726c7d93edfe18b634997f15d24df76cf73e", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 2026-02-11 到 2026-04-02：约 `+43.44%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b24a6b683a612c1f2c7e9a12f961aacfb9accf16356bfa0e96d487e3b1527862", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2cdaa7dbd13228ae0af61438ef1b32392c16fef27488d8541153c4f90c211057", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "这条故事成立，但不能读成“诉讼利空后股票反涨”。更准确读法是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff80f9a116a1f5c07dd11d6d85ca7aa3cc0d23ae857f89238c09b3d5f0271e40", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "`退市风险硬着陆 -> 控股股东增持/加强控制 -> 改名重塑平台 -> 半年报预盈 -> 控股股东财务资助和无偿赠与资产 -> 业绩预盈/净资产转正/账户解冻 -> 诉讼执行确认 -> 连续涨停 -> 旧处罚叠加ST仍未打断行情 -> 股权结构继续变化`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de327325bec8a50876859dc6dfd96476e564395b438bdceda504e6d46a2b4040", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 诉讼/仲裁公告不能只看标题，必须先拆当事人地位。公司是被告时偏风险暴露；公司是原告、申请执行人时，可能是资产回收节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "edb51fb144f34eef477157ef4a1e56c4f74edfdff862dacfd6c8c7671991ee92", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- ST壳类上涨时，要优先问：是不是退市风险缓解、控股层救壳、资产注入、财务资助和报表修复在共同显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "20ed7d1a8bf129657d8a5adab2f432f8dd19cbc0c0b9d3aa64f69bfbcc096590", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "- 旧处罚或叠加ST没有打断上涨，不代表风险不存在，而是市场可能更重视当前能否保壳和恢复净资产。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1821444a00abbea5e5b9a353442a7ee7c6f67ac1926234759bba77a69f78e857", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0049_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0049", "raw_excerpt": "`mirror/data/result/darkline_hvstory256_to_263_600753_control_rescue_delisting_risk_relief_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "083a90b507445aa8f8603d3d32e9ddd3bc84075acfddba0f9d193f4ac28380f4", "source_reasoning_step_id": "DLCASE_LEGACY_0049_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "## 案例：688095.SH 福昕软件，子公司股权激励背后的美国团队绑定、AI文档投入和短期重估", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "acaa1cc8a53ba6fc63a464581a40d66a750036cbad31bb46647f89c8a7d6621b", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "### 起点 B/C", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "77d585629b161e9d40aa33da61976d6e1a983f6944be5462729039db661c84e0", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "2025-12-30，公司发布 `关于子公司实施股权激励暨关联交易的公告`。表面看，这是子公司 RSU、关联交易、离任未满 12 个月原董事高管参与激励，普通读法容易偏中性甚至偏负。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f501bb43910a9f727ae94607afe86ec1b92276c3ed0e6de0b7cc6130d047b29", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "但公告后股价从 2025-12-30 到 2026-01-12 约 `+47.72%`，随后到 2026-03-31 较 12-30 约 `-19.65%`，从 1 月高点回撤约 `-45.61%`。所以这条不是简单“关联交易利好”，而是短线强显影后兑现。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "afee4216e92b37a8f92d1c303833cfd09d9bd7d821f83202ba293f1367ef84fd", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "### 反推 A", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1a736c0819c5d4a9d4eb780c08abbf21e46147551f794a07492770a7ff2c3250", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "反推出来的暗线是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "625da1966ca6ff508811614ce749f2dfa314b8301f703dafcea7f8618e6440d6", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "`US_TEAM_INCENTIVE_AND_AI_DOCUMENT_REVALUATION`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53d578c1ddf5864df8e195072dd8c5318f24e596a9b0687f86ef1143ffacf437", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "大白话：福昕美国是公司国际业务核心载体，George Zhendong Gao 长期负责国际销售和美国业务。12 月 30 日公告把美国核心团队绑定、福昕美国估值和海外资产价值显影出来。市场交易的是“海外核心业务 + AI文档平台 + 订阅 ARR 修复”的重估，不是交易关联交易本身。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de48b0a73a9e143e66e31a82f6a8f51670b7e9476293980a08a3b545be5802c2", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "### 前置 M", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9309090f991cf1ce675dacb741d592c28f57bbb91cd48e0b6255e9e1bc37828", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "如果这个暗线成立，公告前应该能看到经营修复、AI文档投入、团队激励和市场提前显影：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a752406d8632c8c5edb9c1a483fd294f7766dddb00cb216f3ce022d565a87072", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-01-25：公司 2024 年业绩预告显示收入恢复、ARR 高增、订阅收入占比提升。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d648c2efcfc321a25d42f628f702986f4dc560d361957b4dd45472af5d0c60d", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-01-25：公司收购通办信息 51%，切入智慧政务和国内垂直市场。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5f3981e7484ec1883fa1ee4fe1a72545ed8536ee724f8ce5c8314aa67dd0051", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-03-11：公司为通办信息申请并购贷款并质押股权，说明收购进入资金执行。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "083d44221c01846a1b6dd53cd0d7657d964d561d67d0769e61d011c04be26f9e", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-09-10：公司以流式文档相关知识产权向北京鸿文增资，文档技术资产开始外部协同。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c62c11e8ac2dfd32db3f7378a25f1e6262b6593dede33d65595db6350c8bcc62", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-09-10：限制性股票激励归属条件成就，考核指标绑定综合业务额和订阅 ARR。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df8f151e3bcaf44450f158c59e63166c013113ca23a189830dc3f3cf49cf1075", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-10-30：三季报披露收入高增、ARR 增长、订阅和渠道占比提升；10 月 30 日到 10 月 31 日股价约 `+20.00%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "be90e6713d2c57ab1443319374100ce422f3cfe275075beb22a54e2e10f81354", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2025-12-02：智能文档处理中台项目投入提高到 3.530147 亿元，并明确加强 AIGC 等人工智能技术研究和应用。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "56807e1a80e2682102bb589656082811844d4caeaeed7ea1fa2af905e3d39b99", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "### 后续 N/L", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c5f680566bb5153476dd497c65d7b1472a0d3df5f012691af21124d10e973ee7", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "后续应该验证经营修复是否真实，同时观察股价是否持续。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2580238556932bee64c82fd5dcf6c81f64fcb044cbe195dddba93f8fb9d51ec9", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2026-01-29：公司预告 2025 年收入同比增长 43.43% 到 57.49%，扣非亏损大幅收窄。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24460da29807a5c9c13fc45404f8083e5e470de3cb6521085bdea1f1dcdea4f8", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 2026-02-27：业绩快报确认收入同比增长 51.20%，扣非亏损收窄 95.70%。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e2d031749ef63fb86bd496eb6e474b03a569519ecf089e4d37ea6837f9d0327b", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 但股价从 2026-01-12 高点到 2026-03-31 回撤约 `-45.61%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cce379f62d23ef4572568608146887b93931f1a0e8c9dae4fea5ed7526085ee2", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d398c6f30fa6d7178de685b39096d0fdc8b86dc0ba93924463a346ff474374f2", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "落点是 `L3 单票 K线`，附带一点 `AI文档/软件订阅风格拼图`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0627fef530bbb8beeb425d0d9c87a0199926ae798e8ee04a12eb5b888f4b0cef", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "它不是长期风格体，也不是稳定买点。它更像一类短线反常识样本：表面是关联交易/股权激励，实质是核心团队绑定和资产重估；如果公告前后已有强显影，后续要警惕兑现。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "476c525cf910ddc7fd7ad1424cc8fd3d8df678665e56887bf0439faad400d087", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb5ee6a901614571f88affa592c4231b733a3fc20c135a6c3893d152533e859e", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "这条故事成立，但不应读成“公告一出产生新价值”。更准确链条是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2eb3e6c56339623bc9a525944064a1a088dcc6717dcc56f7f626bf69e0c1bcc7", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "`订阅转型恢复 -> 收购通办扩国内场景 -> 并购贷款推进 -> 文档技术资产外部协同 -> 激励归属条件成就 -> 三季报触发第一次市场重估 -> 智能文档/AIGC募投加码 -> 美国核心团队RSU绑定公告 -> 股价短期强冲 -> 业绩预告/快报验证经营修复 -> 股价回落说明短线兑现`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "251fe2373a8bac63d7f7e0b4a126b3ed82ac761f2056d13594753436ebe71127", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 新闻不是起点，很多时候只是迟来的显影节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "34abdb65515bada4aa3a06f77df27224dcd8237f817b8a7883ea92efa1da148b", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 股权激励/关联交易类公告不能机械读负面，要看绑定的是不是核心资产、核心人和核心业务。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0614cbe00dc4c0b20218e1b7cdec06457c996d06ec8e22b15cb5a410ee79799e", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 如果公告前已有明显交易，公告后强冲更可能是短线重估和兑现，不一定能持续。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ed9318e915a516fa7935daffb942e8fd678060e473da77b81334ab2b2b59460", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "- 利好类型是资产重估、团队绑定、经营修复确认，不是直接生产力突破，后续持续性要打折。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75a52c9c0bfff7974e32b5382671ffda0f87ee299645905d87fc98934c5bc81b", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0050_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0050", "raw_excerpt": "`mirror/data/result/darkline_hvstory264_to_271_688095_us_team_incentive_ai_document_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "041fdd8be1746caaf0d302b1230bc23240edec67c09c22e3f6e7d075e5a07f38", "source_reasoning_step_id": "DLCASE_LEGACY_0050_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "## 案例：688109.SH 品茗科技，分红法律意见书背后的控制权筹划和AI研究院背景重估", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4c91fef897e5d147801121332048986abc267a15ac7b2220957cb444319f167a", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6b08f21db2f68d70dcc0600fa89ccb815ea27e4c3d55f3d89ba22cbee6006074", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "队列入口是 `2025-09-17 国浩律师（北京）事务所关于品茗科技差异化分红事项之法律意见书`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df473a35048c7cf7fda19ea195bed45ac027ef033ada4dd1755698b3c1dfee49", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "表面看，这是普通分红相关法律意见书，不应该单独解释后续强涨。如果只看标题，很容易误判为分红/法律流程类中性公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19e7e537ff8fb5e1d573559ad429a5207b0e3e533280f44ac1c59f0ba0bc6488", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e34d38836d2d517e924c726ab3fb47111f25d67454aedee8ff1af791a1ff19dc", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "继续问为什么：如果只是分红法律意见书，为什么后面股价出现强烈反应？真正的暗线更可能是：", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab786bc6e0ac30f50c86ac8f55d0478ed085979714def4650b5d4beac786fe4d", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "`公司经营修复 + 控制权筹划 + 强背景战略股东入场 + AI研究院资源想象`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "66c6c2955e6c2d37a728239236c64e2f7ac6e734f999229f05e491d2618ac28f", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "这不是分红本身，而是有人在重排股权和公司资源预期。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e3769f9b3ad5418d40d61c703b8d544ecb690f9de934e55458bf0b4ad61f965", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "386877cdea44c50ccef3e3dd553dc384e5c4e6cd9273fd9f1fa45d4679634220", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "在分红法律意见书之前，已经有几条铺垫：", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1808fc174fbd9428881b323527189209d6d36d9068a24336597012b1612e6cb", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-07-17：2025 年半年度业绩预告，净利润预计同比增长 `231.79%` 到 `302.89%`，扣非净利润预计同比增长 `606.77%` 到 `788.77%`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0fc16299001088634d7c4f77524df7ab3e89c8c1b6ef2cd7409f9d8c4c320d0", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-07-19：2024 年员工持股计划解锁条件成就，说明经营考核已过。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bb5ce79625cbe49089dce33c37229152de5add8363f97257028cd556b6ec4f72", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-08-13：董事减持计划披露，筹码层面开始变化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9f8a8c82bd2847c3eb57723c25ff0d874a2dc7cee51ac0760706aeb07a5ec354", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-08-23：半年度利润分配方案披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea7a45d3e461fcc1b79e458b61934050fba94f2280123e7956ee51e5a64068cf", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 到 2025-09-17 前，股价从 2025-07-17 到 2025-09-17 已经上涨约 `+42.84%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d72d3f9f5497e69db6d3349cdde16270b54596a7d0c8dcbca7445db4bcccd6f9", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "这些节点说明，市场不是从 9 月 17 日才第一次知道公司在变化。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d0e707430c65bf509e1d7e6015e7f49ea20f8a46571012b339742e5c47cdba0e", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### B/C 后的关键节点", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea04fb1d760856b4f9daa1576d181009e20c8b86ee1c8dad726516aac9e928b1", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-18：公司因筹划控制权变更停牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac0260d89a1a46f281de4259d391622807f95b28236206211f641fad7ce4b8d6", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-20：继续停牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4899ab9cb8db96b70bd2a82187bfabf10444e658919fcffa4db982d4a2a12a6b", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-25：控制权变更事项终止，但同日披露通智清研协议受让 `12,552,212` 股，占总股本 `15.9206%`，转让价格 `39.504` 元/股，总价约 `4.9586` 亿元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b489e89e0932fd2af2bc6a7a220565dab17e8309dc2f6add5834a8f36bdd3588", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 通智清研成立于 2025-09-05，注册资本 `10` 万元，执行事务合伙人包括通智人工智能科技（北京）有限公司和嘉兴通清智研私募基金管理有限公司；通智人工智能科技由北京通用人工智能研究院 `100%` 持股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c09e02d73e18f9e13a88cd7cfb2c64f6e54f5fe644b226449d01128aaab7a6a3", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 协议还包含 `36` 个月不谋求控制权、`18` 个月不减持、转让方 `12` 个月不减持等约束。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06d7818e50fdf483f926dad853e33a411ffba3e79728e482042b68d7b8ebc444", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### N/L：后续验证", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "12e0fd1bcca86e04669b051694f7a1ca73a2fc78e564e466825dca896ec074bc", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "如果这条暗线成立，后续应该看到治理和业绩继续验证：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e78d4e78fb981e4d09a4253206c6e488a9acc6b8fa511fdd756bacad6f0905ba", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-27、2025-10-01：公司披露股票交易异常/严重异常波动，9 月 25 日到 9 月 30 日累计涨幅约 `+104.97%`，流通股占比仅 `36.96%`，小流通盘放大了 K 线。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "24b59eb94b19b6c0d71301ab6090369a4d0e3a3f64d928bdc52bdd615225b0f5", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2026-01-31：股东大会选举新董事，和协议里买方提名董事的安排一致。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f37775c5bd97a0759519d9aa66fb6a170c5bbb77e620602edbcd1a1c0551ba2", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2026-01-31、2026-02-28：2025 年业绩预告和快报继续确认业绩修复。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4fff78111fc5c19636cc5e50aa6b558dfc83dbbf380b50ca04ff06c3fef05db8", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a3d93424d0309f533bbaf768dce19d97870a5f74b722f2a43767815361f00c1c", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "落点是 `L3 单票 K线`，同时带一点 `AI/工业软件/建筑数字化风格拼图`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "419ef2dbff21322cfd346913caf8b259a37cdd262891de29497b96cd21e3bc38", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-17 到 2025-09-30：约 `+104.97%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "202a6c984644d09a7549f753ae1521ef05019825069e0549b7536752e8aa8dd8", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-25 到 2025-10-21：约 `+144.48%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9659a7517ce5e017463df3690c585e338a5f6cb0e858136c3aa5e8d179626d96", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-09-25 到 2025-11-25：约 `+205.59%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8c626d40af7b1e81556c59daa5222e60df34d1a625cd77d22afe2005874c0dde", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 2025-11-25 到 2026-03-31：约 `-27.68%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab0e673a60a71cd26cfafc6c26361ad00f53f8a54b9d1c5a0a0964d1da49be94", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06beae9eb1fff4f6985f7ee999e4fc4c2f64ccb83f4d30b6877d61f6cd4c46c9", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "这条故事成立，但不能按“分红法律意见书利好”来讲。真正链条是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d452ea0ab43976bf5ee82f9347735f9319c2ce756a198541199bf417e985da4", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "`业绩修复铺垫 -> 员工持股解锁/董事减持带来筹码变化 -> 分红法律意见书只是表层叶子 -> 控制权变更停牌 -> 终止控制权变更但引入通智清研 15.9206% -> AI研究院背景显影 -> 小流通盘放大 K 线 -> 董事席位和业绩修复后续验证 -> 股价回落说明短期估值打得太满`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f37c5d308dce8f60b2caf72dc4bb5c11c35e93894720922047b8aefca3e66fc2", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 新闻叶子不能按标题读，必须继续问“为什么这个时间、为什么这个主体、谁进来了、谁受益”。", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae59288999d2b7bbdef5bd7ed84077536d12eeb05f34b1e28a97dcecf73d5d6e", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 分红、法律意见书这类表面普通公告，可能只是更大股权重排链条中的一片叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35222e7f45806bd13ca669c1673a98671b34064a917a42c63cb30e74c53b1139", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 强背景新股东进入、小流通盘、业绩修复同时存在时，K 线会放大。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46fcbc5676f1a0d4dad3ce7933dbfe742f8e2f1821cd630c2e2c083f0f6a9fde", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "- 后续回落说明这种行情不是稳定生产力复利，而是控制权/资源想象带来的短期重估。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "315a89008ed9526927a520e8deb21a2e43b5c7bc66c73b4d71851d2f412354d6", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0051_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0051", "raw_excerpt": "`mirror/data/result/darkline_hvstory272_to_279_688109_control_transfer_ai_institute_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ebc15a8b01db7d7a477daba586347a49c933e0985fc66f263b717fb581b83f8", "source_reasoning_step_id": "DLCASE_LEGACY_0051_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "## 案例：000711.SZ 京蓝科技，亏损预告背后的铟靶新材身份重写", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "393cfcb9581228dcdba10d50ad73228fe8739411488e1db23abda298684ad4a8", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8bbe1360ff367a36d4e2d709d444dbd35ed5becdf442133354edc7d7115bde0b", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "队列入口是 `2026-01-31 京蓝科技股份有限公司2025年度业绩预告`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "99db939071cae6b832c1e1dba08751b6bfba046227a54b4386b281bbe25b8a6c", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "表面看，这是利空：公司预计 2025 年继续亏损，归母净利润亏损约 `1.60亿` 到 `2.30亿`。如果按普通业绩预告读，股价不应该强涨。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c4bc614191046310b12ba45fc883f77b36e3f42889f76d3a700eb2ac9c4fa837", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "但股价从 `2026-01-23` 到 `2026-01-30` 已经上涨约 `+22.54%`，说明公告不是起点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1036010ceb9118468440352f5aed796210e14b531af740133cb99f0468125d94", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1143d7e8684a99f4ee43e2e860f4a3fa843dda090f735b573b1e100bbbd73205", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "真正的暗线不是“亏损还能涨”，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d2e8785a066392010c2281caf9c48f39d25c0adfbb0a89a89fd01f3a6c1cc29", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "`破产重整后的上市平台，正在从旧京蓝科技改造成铟/ITO靶材/稀有金属新材料平台；市场交易的是身份重写、资产注入预期和低价 ST 壳修复期权。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "def0a3ababb426fb0e1e688cfb4c885a41e59d1f88bba21e91395d4d19395542", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "所以 2025 年亏损不是主变量，主变量是这家公司以后是不是不再是旧业务。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47f51cfeed7bc24030748c781fb76bc3c7bdc129f2c9280d577488695a344d62", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "77d50b6e9fcec01610158b5f76e9e95ffbb56b0bebe58802ad3b5579da14e53d", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2023 年：公司完成破产重整，新投资人进入，并带有业绩承诺和资产注入承诺。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0bb66ffb6e51ac392d0909a279dca50672c22b9b8d08df29fd2efad3918bc91", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2024-04-26：拟收购个旧兴华锌业，开始转向含锌铟固危废资源化和稀有金属方向。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "75f6293069d29020275fc0c4d43327b1c76923efe581e4071daefeeed9f6ccea", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2024-07-19：继续参与破产重整资产收购，说明新控制层在用资产重组方式搭平台。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eff1928decb3f4ce9fabf853b2c397749a36c4152bd4709cb8663a56821c5860", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2025-09-05：撤销退市风险警示，从 `*ST京蓝` 变成 `ST京蓝`，生存风险下降。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7e85d771df7c7f2bc2a42b4b54849d22571fa333e98e3bef45d99e26af1f9c52", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2025-12-24：拟收购南非 `NORTH WEST VANADIUM` 51% 股权，增加钒资源/海外资源期权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dbe23e1f5efc8bb97deeab2cdbd25938b2f9247831120dd3f75c08280575ad5d", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2025-12-26：拟启动鑫联环保或其主营业务资产注入，承接重整承诺。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6a0d7b266c3123d554b580dd38a91cbcf3898b92ebe3fd609a064fd1d06e7c93", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### B/C 后的关键触发", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6aab5a983dc02b29f6553388deac5259e57a8eb6a89802fff19633f9ba2eaeaf", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-24：公司拟更名为 `铟靶新材科技股份有限公司`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fbeaac7bf0e905000f408d9f8dd26a77d288666c561a936177a377e7b168303a", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-24：公司拟设立控股子公司，购买云南某 ITO 靶材企业设备，检修技改后计划在 2026 年 6 月底前投产高密度 ITO 靶材。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "12f9e0217e9e376fa33643df4ac57eb7baa28a3f74af05230934dc1a8700fa68", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-31：业绩预告继续亏损，但股价不按亏损走，因为市场交易的是铟靶/ITO/稀有金属平台重估。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01bf455da967eac260ef62c85a900b142b69eea30080c1f9cf970c13cf5506af", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### N/L：后续验证和反向校正", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8642402446754200f320c93efa1aff09407b011f395dca8a3a2dec0cde7e9f5a", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-02-02 起：公司连续披露异常波动，验证市场确实在交易强预期。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c05d27604f4861286dc9a998a3cad3c2be843987cace77b9eff8f75057aa2536", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-03-10：公司完成工商变更，名称变为 `铟靶新材（哈尔滨）股份有限公司`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93ebdae2546e4f5bbc5534301a6c44685abd17663d7ceee39111a8c1d4c0b0e2", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-03-13：公司公告称 2026-01-23 到 2026-03-12 股价上涨 `176.79%`，并提示市场对新业务、资产注入、更名及估值重构存在过度解读。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c6c3eac79cf2941c6a4608326399a3d85df0b2a5157a07181a5da732cd345d33", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-03-20：公司进一步说明，2025 年前三季度含锌铟固危废资源化业务营收占比约 95%，但精铟毛利率约 1%，粗铟、锌锭等毛利率为负；公司自产粗铟不足、依赖外采，暂未形成媒体所说的上游资源优势；业务不涉及 AI 算力、GPU、芯片封装等领域。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e5e9b26c46bfbdbd92660fd5c59d519afdf3755c172ebd360d5c58b5a8ec2f27", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-03-27：控股股东 2024 年业绩补偿款仍未全部支付，说明重整义务还没完全收尾。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bafd4ba55027bd94e83ac2b5b5734d9b31efd1570065cd033bc00cfabbb6c530", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88938fc0f6a448a604347e4f16bb76c27e8c9062cff13223e7c5135fa8049f44", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "落点是 `L3 单票 K线`，同时带有 `稀有金属/铟/ITO靶材/壳修复/资产注入预期` 的风格拼图。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae7365687ba57eb2acd3ffe26176b1ea5eebb890d843cfcc701d0309b4c34ccd", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-23 到 2026-01-30：约 `+22.54%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "daeb9180a2050eed38d7217e6c8e027dfe16c29d616cf3bee2d0259538acc7e8", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-24 到 2026-02-13：约 `+72.53%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "90a30326d5581b5c84cadb597b17c3e022e481b9f3b60a29de92e3ba6afaeb8e", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-31 到 2026-03-12：约 `+108.52%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "38e4bd890560cc7fadc75d02d15c2c619edb75e340e690ed12fa25ad5c9c4a01", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-01-23 到 2026-03-12：约 `+168.79%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d83a2c347daefc7708670e39a5dd2a57abf275d99cb67248892bb8f77a54503c", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 2026-03-12 到 2026-03-31：约 `-20.22%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b49c3b08258c3b57062a35cbb68fe274e15f1a96532fc3c7e214b7de8c9b51d0", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e68ec1c203a2af0231158071333ea237f5afd5c7879fd960a8ba414c6f181fa3", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "这条故事成立，但不能按“亏损业绩预告利空失效”来讲。真正链条是：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1bb72484abcfb117b1fb997dd7cfe6f4f8adf8b81a9e563985bd88a6d36d4b69", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "`破产重整 -> 新控制层进入 -> 稀有金属/铟资产收购 -> 撤销退市风险 -> 资产注入承诺 -> 海外钒资源期权 -> 更名铟靶新材 -> ITO靶材子公司计划投产 -> 亏损业绩预告被市场忽略 -> 股价按身份重写和题材期权强涨 -> 公司连续提示过度解读、低毛利、缺上游资源、补偿款未完 -> 高位回落风险`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d1517b6940bff924407f42b0590f4becd2357f0e6fbf8d4e980234308856bf07", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- ST/重整股的 K 线经常交易“活下来以后变成什么”，不是交易当年报表。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "34c31f9bfbe67e40bf3304fd0f226ff73799a30be71a263b1fa645fa3f5f13f7", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 表面负面新闻如果遇到身份重写、资产注入期权和题材风，可能只是噪声叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "74e45ebbefc4d251a85e5249ca1eb89b21f8102cb5126aedebf6758dc1fc1729", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 更名不是孤立利好，只有它和资产、设备、子公司、产线、控制层承诺连起来，才有暗线价值。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dccbef7a3b704ba16ac292c526268c87b92e5eb70e014ea0654d1aeeafb7a45f", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "- 公司后续主动提示过热、低毛利、无上游资源优势时，说明前期强涨更偏期权和想象力，不是稳定生产力兑现。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "807cb5817be18cc7e448b90bdf899ab98c0a91ec17dbb4ee32a751be218c80a8", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0052_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0052", "raw_excerpt": "`mirror/data/result/darkline_hvstory280_to_287_000711_indium_target_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c960ba89625170ddc7337c880246d2560c560ac843c80387917ce2cac34dd84", "source_reasoning_step_id": "DLCASE_LEGACY_0052_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "## 案例：000656.SZ 金科股份，诉讼叶子背后的重整参考价和控制权重排", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a2f57835411066df9e5ea6371b065002c6057e2822d60c357f8cf8ea729e3b0b", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "22ab203b3844594f965f97ab63ce2dd2d71e2d0ed62da0163f797a325c7e0b6b", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "队列入口是 `2025-08-30 关于公司控股子公司重大诉讼事项进展的公告`。表面看，这是地产公司诉讼压力继续暴露，普通读法偏负。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7a334252fcd9ec2652db08477f565ccd2fc938ec0353af5c2f04079ed5c59c2", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "但股价在 2025-09-12 复牌附近出现强显影：从 2025-08-30 对应的下一交易日 2025-09-01 到 2025-09-12，收盘价从 `0.67` 到 `1.41`，约 `+110.45%`。所以不能把故事停在“诉讼利空没有跌”。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab059bb442781e548301ab65ca29c5eaf5a835d567acd7dab36dc2603f252ceb", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e7b017aaa776eab3c73a4d0a842b19b7631a223a1f6a6eb449ec87b3a5137e6f", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "继续问为什么：如果是普通诉讼利空，为什么会在后续出现近翻倍行情？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "57ce706f30f4e278c92efd7974d4a334918dc72ee7dd0cc872cd4cb0827ed383", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "反推出的暗线不是诉讼，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b24b16d5f0d7cca231d00d0425bde92fd1903086169b970da3d07b2686009835", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "`困境地产上市平台通过重整执行、资本公积转增、开盘参考价机制、重整投资人过户和控制权重排，完成一次资本结构和股权结构重估。`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c1812578b18b3b9ed2f031322d1356ceaeae2e181a1b629ce5c55a99053938f", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "大白话：诉讼只是这家公司困境状态的叶子。真正让市场重新定价的是它能不能通过重整活下来，谁拿到转增股，开盘参考价怎么处理，以及控制权是否换人。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a7d61a66036052e682ce58cb490ea33c678b6b3cf7176065f2735e5c505d3a9b", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e3978b8d042c866cdc03928ffd89834a4d5a5b458d4334d671890c5e87f79f64", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "如果这条暗线成立，在诉讼公告前应该能看到重整执行已经在推进：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c9e168f4424a4026d2befaf99a7fa1820f72fb97f2b3ef440d608d1d5ad07c6a", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-05-12：公司及全资子公司重整计划获法院裁定批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cdc5a2217427e4859d33d71d51db2c81ffbfd3347e02b9fd676f8ce25deb3349", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-07-10：重整投资人全部重整投资款到账，合计约 `26.28` 亿元，其中产业投资人约 `7.56` 亿元、财务投资人约 `18.72` 亿元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4e42671d19192850e883bd2875d833efc2791990a2d3324bda0a4669be4de837", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-08-30：同日除了诉讼公告，还有半年度业绩预告修正和累计诉讼/仲裁公告，说明风险仍在，但不是唯一变量。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f3b5d3c3816b158794e3cfc768538e0885005cabdc1c9490d9a598e2da8c79d", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "这些节点说明：8 月诉讼公告不是起点。起点更早，在重整计划获批和投资款到账。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61c6c1eaf10edfc8eb5890fb3714aa4128db25cee4b4bb2b731a0aada7481f6c", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dabbc9af10bbff2841f4c393e2f88569c3928a0a748ee67057266eda8b789150", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "如果真正主线是重整参考价和控制权重排，后续应该出现资本结构和股权结构落地：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "23f34c27b8ff6d87bf007d4dbc0dabd624a555c061e48b269e44ff456447158e", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-09-09：公司披露资本公积金转增股本事项，约 `10 转 10`，转增平均价格 `3.30` 元/股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8adc7a5099839077392642a96ff2c9aa5b68ec9f7560eebb74b8aac3df26b281", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-09-12：公司披露不调整资本公积转增股本实施后首个交易日开盘参考价，原因是停牌前收盘价 `1.45` 元低于转增平均价 `3.30` 元。这个节点解释了复牌后的强烈价格显影。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a5dde86aaa46da9cded46f6c6e7257c68c5346396006a545d045846fe8066d2c", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-09-23：向重整投资人指定主体完成 `30` 亿股股票过户。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dfaf4f17d38eb3f0906e26094d8e1b7c4672d58ff6f5c8045f3e20150d407c3f", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-09-23：股东权益变动暨控股股东、实际控制人拟发生变更，京渝星筑和京渝星璨合计持股 `9.34%`，成为第一大股东，并有权提名多数董事。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ee9b6ca63de434f4f19192ac41c37305ec544a031c3b35f0523a26a8f58a0ad", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-10-25：关联方向公司提供 `2.5` 亿元借款支持。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd823cd80339ccebba00a745ded1f6163a6466a22568834049db4311cf87b61a", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-12-16：公司及控股子公司重整计划执行完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9d870b6452a80b84be9a687624172606417e301736282ad036f82b00ec214c61", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-12-26：重整相关退市风险警示情形撤销，但因净资产、持续经营等问题继续被实施风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "20a2700ad502f3fde8cfa55a5aa5d31acc2e3b866b7d5e9acca4dad304ac5dba", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05c88d8eb70444ef6dcb1d6d88d9a954c11601cc7dcbec1955dce9bb532f26bf", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "落点是 `L3 单票 K线`，附带 `困境地产重整 / ST壳修复 / 控制权重排` 拼图。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16e4cdc00b73de03c769729c6a5d7240aefe4ddd48a531937b0ba1be75f279a0", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-05-12 到 2025-09-12：约 `+80.77%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "615f69a3b0487aad08a9b05a7cd5fb53ac3a58bb80e0d99e438161040bc6834d", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-08-30 到 2025-09-12：约 `+110.45%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff4d3b3d15dbd25ea0708c6c42054ff081a529f80e43a9b300b985b71eb124e3", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-09-09 到 2025-09-12：约 `+98.59%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "046c64a868043ba312415bb23d2d855293fe6a387d0c75bfc0444c0f66aa3e53", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-09-12 到 2025-12-16：约 `+9.93%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8fdc6555e62bd54a0c7088fca43c4fa2e6b135c2fe59e1631613a0ca4d56ba49", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 2025-12-16 到 2026-03-31：约 `-12.26%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b946d9d272916522fb04d4d7a57007192fb3658d44860fb39cb03cf09dd529ae", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "38b80a6c6ed718b617b3df666c2a12850a01d829204d2af67b8ec50cd582b1d5", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "这条故事成立，但不能按“诉讼公告利空失效”来讲。真正链条是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ba04189a4942fb9959ded675397748f36db48d61e3e035ecf8e13c2bd3210c0", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "`重整计划获批 -> 26.28 亿投资款到账 -> 诉讼公告只是存量压力叶子 -> 资本公积 10 转 10 -> 转增平均价 3.30 元/股 -> 复牌不调整开盘参考价 -> 股价强显影 -> 30 亿股过户给重整投资人 -> 控股股东/实控人拟变更 -> 关联方借款支持 -> 重整执行完毕 -> 仍保留 ST 和经营压力`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "92275897e30e1d9f4084e90b57525dc93563fe6bf2d7f6e0d7a9486d66e552ca", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 困境股/ST股要先问“它是不是在活下来”和“活下来以后由谁控制”，不能只看表层诉讼标题。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cbf80fa558fc761f8de26fa0bf455f605697f5bf4e9e5c095962ca65f94c5efd", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 对重整股，资本公积转增、转增价、开盘参考价、重整投资人过户和控制权变化是关键节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5045e17c93e5b600697cdaf4aacaf6d3a5794ec07a5bbedea6681389198f89fd", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 新闻可能是迟来的叶子，真正的市场显影往往来自资本结构已经重排。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "54e5c4e2b8722d8608f89c939aa6145c13fa5e3a63584b6abe8c7d59d62c869d", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "- 后续继续 ST 和经营压力，说明这类行情更像重整期权和壳修复，不是稳定生产力兑现。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b0871901d2f36661693d23303693c7a9b047b42a8fa39f390c0306c825272bb7", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0053_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0053", "raw_excerpt": "`mirror/data/result/darkline_hvstory288_to_295_000656_restructuring_reference_price_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "786a571e8b93e7f0e334104bba4d1ae05d3cf0c28675649de87ffa389d26f504", "source_reasoning_step_id": "DLCASE_LEGACY_0053_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "## 案例：300506.SZ 名家汇，重大诉讼叶子背后的 ST 重整执行和控股权接盘", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6e9a3d6a4b1725c4dcb2445699c4e6c0b2f15e131b78ef6dfb7571cd3e146926", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b1538f31783682a81cbe7f3fa42cc2f8d6d4e2a6714b365a566a906d115bbfb", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "队列入口是 `2025-12-05 关于重大诉讼、仲裁的公告`。表面看是诉讼/仲裁风险，普通读法偏负。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "553df503c5d87f1f09bb5252bfe15fa2f163cd39123333a28a4367a52e6cab4d", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "但实际 K 线从 2025-12-05 到 2025-12-24 约 `+110.78%`。所以不能把故事停在“诉讼公告反常上涨”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a40770f6951fb200ec3ab93c35c6045938cf5195d4f364c708a24e500b9b61bd", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3c9a9cc9ee19edf8846e2a5058c2095e54194e8fcf6fe0650ae2c11d3270089", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "继续问为什么：如果只是普通诉讼风险，为什么后面能出现翻倍级别显影？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b3aa9f246d01881557930008786d01b0e3c0d1e3153789c7a7f7780fc3e4c8b", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "反推出的暗线是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb66d4b85e6d6adb9779d8ba4177c3c32b08a336966dce56a2a6df5017c17118", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "`重整投资人和新控制人推动 *ST 名家汇完成重整、清债、资本公积转增、复牌和控股权接盘；市场交易的是 ST 困境资产重整执行，而不是单个诉讼公告。`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "22744167c7d037fc37ba4040d215148a1882b0f85f748dea2c82ecb0c7451358", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac7b2941cdfd0c3ac8fdc4ffb491a0474e0b8165a61cd9e145b260900f29ffeb", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "如果这条暗线成立，诉讼公告前应该已经出现重整执行的铺垫：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f36dcda778d8236fa6d379832c2fc732038824b799967a48a92e3a92a74db1ba", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-09-30：法院裁定受理公司重整，公司被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1a0b6757ddfe6c9d5df1f4840041ded447afbd513c5fcc14cbf417851f8a468c", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-10-21：法院准许公司继续营业，并在管理人监督下自行管理财产和营业事务。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1917ffe8fcc08d1eb73cea7b902a7c19fe4bc706f88d38710ddbded858bc486f", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-10-30：公司控股权已经发生过一次变化。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "02b5675931a168d50d48af0fd0e57a29f8043f55a172d76a07b4a08a1e3d1890", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-11-04：公司与重整财务投资人签署重整投资协议及补充协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dadb2798e139a2dd49b741ee1df42a197d9b3ba34ca2787f4b8863d41a2ebe6e", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-11-27：公司重整计划获得法院裁定批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "518532903bbf4642bb4df32f628bffd0bd0cf222166b6a15afd8372ac362f374", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "这些节点说明：12-05 诉讼公告出现时，公司已经处在重整执行窗口里。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a38752ae7026e72229d86f5b4240c39740456576d3db7c2b62f6d782f674422b", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "43da49e37ff013b4e6011695d8584104284f63229df3d954e2b06146e27769d9", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "如果真正主线是重整执行和控制权接盘，后续应该看到钱到账、股转增、复牌和控制人落地：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f8bcc6d8723615a45c0f46b6eb5e6a1f155c71c5739dc8a5ca06ffc9c2b60065", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-08：收到全部重整投资款，合计 `12.0344` 亿元。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a0532de1951ba07a397838b83ef58b2bf90e2c4fc40c1633d3242cb6a5d41872", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-15：资本公积转增股本实施，共转增 `7.30` 亿股，其中 `6.64` 亿股由重整投资人受让。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "643da7bd7b7f9e968ce64b47632c59c3dda8bfbb5296ca380dbd5103885f83e1", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-22：转增完成并复牌，开盘参考价调整为 `3.16` 元/股。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb9747f3817f5a75ff9c8e5d96a4cd3c96471f603667505d19d85394b7020b5b", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-24：新余领九成为控股股东，吴立群成为实际控制人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f708dc6b39d48ec48b029da95674dba6654cabc441bf04d5b3206491faf7b890", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-31：重整计划执行完毕，法院裁定终结重整程序。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07b4e7f7f52b3debef0076a230a4e3af07ec97d87c95e6f08ca65811f040a477", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2026-01-13：撤销因重整而被实施的退市风险警示，但继续实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "02411e3422e711762bdb006f9216d01ab7bd1d9fda5531418e6e30a6e491a81d", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd15edd1d2d8700725a6ec525e4a4d200bc253767ec8e7306cd2ffc62ee53a13", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "落点是 `L3 单票 K线`，带 `ST重整执行 / 资本公积转增 / 控制权变更 / 壳修复` 拼图。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "216c094c026afe2161ad3c2592f68d71fef8f82272a7eb1eb65cc352cd04ce15", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-09-30 到 2025-12-05：约 `+6.81%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cff4b3ab93eff1de709ed0ed61e4262564626eb11ed510b1135fbc8a802c23d7", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-05 到 2025-12-22：约 `+85.78%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b209fb09c658459e114d64036fed4aea1cd51f238f6cfe20dd6915b4db965652", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-05 到 2025-12-24：约 `+110.78%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f350264db998bebfcd7f87f9e25f54e80f4ca0f69f015b8cf5710bc2841419a7", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-11-27 到 2025-12-24：约 `+93.69%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e3fd57cc0867eb11cc262a4e54321fe5d10f2c23474572b34f3a2e1c02d4050", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 2025-12-24 到 2026-03-31：约 `+10.47%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9754d7beb160cc96f1498e308252e18795f0298bcbdea98f0844599d24045ab", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c8edb982fa9fdcc2cc56affd61ac113d1bce62a582f621ae5d93442f1c90892", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "这条故事成立，但不能讲成“重大诉讼公告利空后反涨”。真正链条是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "faa695373f3c4f59d80e6c601a74893cd8f255f788bc4dce2822af160315a9f9", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "`法院受理重整 -> 继续营业和自管 -> 控股权先行变化 -> 重整投资协议 -> 重整计划获批 -> 诉讼公告只是风险叶子 -> 投资款到账 -> 资本公积转增 -> 复牌参考价调整为 3.16 元 -> 新余领九成为控股股东/吴立群成为实控人 -> 重整执行完毕 -> 撤销重整退市风险警示`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f3f6ceb90768a12e5cbf8dd1a90a340f423caa7d8725c4a4464f9f85332cee1", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 困境/ST 重整股里，诉讼公告可能只是重整过程中的噪声叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "57b8bc62a30a904f1362f3e25caf13f7073104ed773206d326efed5108e5134f", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 真正关键节点是钱是否到账、股是否转增/过户、开盘参考价如何处理、谁成为新控股股东/实控人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5015154a3590f46d03737de84624babc32b0a6adabe6e1391153c23817832af6", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "- 这类故事不能泛化为“诉讼公告会涨”，只能归为 `ST_RESTRUCTURING_EXECUTION_AND_CONTROL_CHANGE_REVALUATION` 样本。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3020a8f84b69586daf8d5d02a1319f806cbcf87c2a022c988565d290848082d9", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0054_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0054", "raw_excerpt": "`mirror/data/result/darkline_hvstory296_to_303_300506_restructuring_reference_price_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "17e450a6c5419ae7daf4e8158e3744c21f49788abf01db0f1cfd11c020f7aec8", "source_reasoning_step_id": "DLCASE_LEGACY_0054_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "## 案例：002289.SZ ST宇顺，退市风险叶子背后的数据中心资产购买暗线", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6cc2a2f6b66f821c6e25e533ee521ed003730cde6b71899943dcde0b03775846", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bd648da008f28bd99912befd299d3db948b6b10b1dec8355c354dff9d20dfcbf", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "队列入口是 `2025-04-23 关于2024年年度业绩预告修正暨可能被实施退市风险警示的公告`。表面看，这是业绩修正和退市风险利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71392e39e142af1bbe941552482a6f67c4d3a5bd24cbaa8ee2b89fa4868e6d58", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "但同一天，公司还披露 `关于筹划重大资产重组暨签署框架协议的提示性公告`，拟现金收购北京房山数据中心项目相关公司股权。后续股价从 2025-04-23 到 2025-09-17 约 `+395.68%`，说明不能只按退市风险标题理解。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "703560707a3f507a2421dce93f1a14f408e03970a6d1d807721c9e56e0bc0a16", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f9dcda74e01ffef4ce3df057835f1f4623d2b8a4618d732819ceb9291961fe8", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "继续问为什么：如果只是业绩和退市风险，为什么后续能走出数倍级别行情？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "29332378a7aa8ece757ae63e7fc2c9df8b100c5ffcd03f47399fc8f7637782e6", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "反推出的暗线是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "caa5b3c36148b043deb58e12954ced2dde0b8bfd4fa04f66f8662348c1a1403e", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "`ST宇顺试图通过重大资产购买，把市场叙事从亏损/ST风险切换到数据中心资产注入和资产重估。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3f08d7efa098c74f90b1081837b3dbc7e4b8d5497e1b7a33a9b0e3bec3f1e975", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "大白话：退市风险公告是表面叶子；真正被市场交易的是公司是否能装入数据中心资产、是否能改变资产性质、是否能从原来的亏损壳变成数据中心资产平台。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c1e4cec70d79bad43115f05c56c66e41b5f63f4e506209d9057a867d5064ef76", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "### M：前置/同时铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "801dd0e84830480a256e10a92f83bdac5d8db1cada4c8945b0db62c5787f1a80", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "如果这条暗线成立，在退市风险叶子附近应该能看到更强的资产动作：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d4cb2ff979ad892e68dc4505fe2106ef195c5c859e4772375d95a27a7dd1592d", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-23：业绩预告修正和可能被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7159d7b9783cde3e08bfffbf7bb24fbbc4a14ba1f75df76f757ca39521d32c58", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-23：同日披露筹划重大资产重组并签署框架协议，拟收购北京房山数据中心项目相关公司股权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b16c2ad1f6de1f224bbf556c5bff76600c50adcf832071fdace53d34f1ea55e", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-29：股票交易严重异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de65d3e099593adb8e6e4eca0f579d6157cec4b7bdd5a539c50cea236a248039", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-30：申请撤销其他风险警示，同时被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "77a498619d17a592965d317f4b9fffb899c33b108bf8a09e8dadfcb8052b7e3e", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07a2ff2d64bee51627a1a0004aaec130bc5516ba9d032bb2f04049e2ca262101", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "如果真正主线是数据中心资产购买，后续应该看到交易方案、资产评估、审计、资金支持和股权登记：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "64fba80466d095583c371fcce0b63db6587393b910993f6cf27f5370976a4e13", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-07-15：重大资产购买报告书草案落地。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9470ccd709e99b3f2fde981332c0ea321a7fd08c0d651c8086ec112aa758ca32", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-07-15：资产评估报告指向北京市房山中恩云数据中心项目相关公司。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cc0e73e281aef40a4a5980616c2b84afddaa5fd3d21291f37e5c2f11f90c8ceb", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-09-13：重大资产购买报告书修订稿、目标审计更新、向标的公司提供财务资助。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd1c316d36968c6e8231507849e24848ae6444ebe941367c3247093ec664d48e", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-11-18：购买股权暨关联交易公告。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68b6e6dea492726dabe24a020a61fcab103e1a6d2e47d5568ce1953d95603997", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-12-11：购买股权完成工商变更登记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "50b736807e2ac4e3a2620f4d21a7d33d1f24bae6c5fd219787179243f82e16fe", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2026-03-03：重大资产重组交易标的公司开展融资租赁业务有进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "63739fc7d0837b0ec4551a20e637a3fa86bf73a45f1041423302dd1152eb2eb7", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87a16e2ef8090ca07d5112b7df89cc937d0337c741e9865603c542928adf6ed2", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "落点是 `L3 单票 K线`：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e6eb58c0a7166d5241391b873525a1d798b6c2ddaf36520ef213ac06232d3a75", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-23 到 2025-05-16：约 `+78.00%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3020d6e7fe107feaeb6fa085a02fcf0b2ba65b553466536c63c58da1b17787df", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-23 到 2025-06-17：约 `+132.12%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04ba9e99b32ddd644391fe6cd5d1b0f470e0844f27c55257a728d1791fb64da3", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-23 到 2025-07-15：约 `+134.68%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ec032360b6956968ebefe87fbdea5480067ec159a3c3cc1e0c51f2b10d91edf", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-04-23 到 2025-09-17：约 `+395.68%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c9fb73bee90e3edbd0fda20c462971f2732caf6f8af052dac68f88a81b76f745", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-07-15 到 2025-09-17：约 `+111.21%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "580e3b4e78e627e3a072b3a5bb052ab6adda19bc68531fda7673d7253f56d771", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 2025-09-13 到 2025-12-31：约 `-12.43%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ddbb9b6beabe602a73848e988fdac3d7d3550fafce9508825554882ea27b7413", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6295c077943f5a19d44d11288fc02262cf570586061dacffa2aa5bf1bc677336", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "这条故事成立，但不能讲成“退市风险公告利空失效”。真正链条是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "235c972d969a5379c1359f2ec5894e40c001233de1462df8d07860dfc8f63cd1", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "`业绩修正/退市风险叶子 -> 同日重大资产重组框架协议 -> 数据中心资产购买预期 -> 严重异常波动 -> 报告书/评估/审计落地 -> 财务资助 -> 股权购买 -> 工商变更完成 -> 股价完成资产重估式上涨`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f13f646fff92783383bf958b723aff939f77f39ff300689c1e8251418a44110d", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 同一天出现表面利空和更大资本动作时，要优先问哪个节点能解释后续行为。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ffb1c97d330f4f93f8fe8e7829942f3eb5761b18d39323e2e9cc8b440fb6006", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- ST/退市风险股票里，负面公告可能只是风险叶子，真正根因可能是资产注入、资产性质切换和风险边界重估。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb35708925533f788c39d9f051c545274c838decfa9f96575fc8057c4cbf1e5e", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "- 新闻不是起点。这里的起点是管理层和交易对方提前筹划重大资产购买，公告只是显影节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7ae5942a9c655e785045a166ac7051dc809e3cbcecaf983f428065be657a90d4", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0055_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0055", "raw_excerpt": "`mirror/data/result/darkline_hvstory304_to_311_002289_data_center_asset_purchase_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b30dc4c33aa98e1363d3441d3e5deba736c9da7492db455117fd7594a42351d2", "source_reasoning_step_id": "DLCASE_LEGACY_0055_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "## 案例：000615.SZ *ST美谷，诉讼叶子背后的重整参考价和控制权重排", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "65cf99ec0d531ebba0d7b96bfed020b061db02e731d79bb556551f8a64f1de79", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de43446bc8f6dd2f8dba32b75d51be04ddacb92b742b9ea9ec3aaec56cad6438", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "队列入口是 `2025-12-11 关于重大诉讼事项进展的公告`。表面看是诉讼利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "354555f6170cf55e71916bb2cd7c45dd2a76124f88c08d2fe4280f15db8b8360", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "但股价从 2025-12-11 到 2025-12-30 约 `+109.83%`，说明诉讼标题不能解释行情。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5404e8e265ae7d97ab5bc4e5053eabcfc4d51a7d831c7237efd29c3824c8f5da", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "00cbb30cc3b74d32fc5d1b2b9d0aa64e0f0018d419ccb5ad15bd612c2ab52956", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "继续问为什么：如果只是诉讼风险，为什么后续会出现翻倍级别显影？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8de47fd493c087303ebeb4bc8914a99c2754e3bc1ea62309c93a1816ae3c912c", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "反推出的暗线是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "993f052debb8292900fc420fc50c73614fab66117eecd769f9fc1c872a74ea57", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "`*ST美谷通过法院重整、投资款到账、资本公积转增、复牌参考价处理、重整投资人拿股和控股权拟变更，完成一次 ST 壳修复和资本结构重估。`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "202e7d576a25d8100f6ea7316b5ec94aef11939adec61d6457b690582dd81301", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d7f6479ae5ed49d72f8226e819e335b6b3a64cd1f105904c11d9f33fa4c747e4", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "如果这条暗线成立，诉讼前应该已经有重整链条铺垫：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c294dbd4303c254211ab641ea5b7fffc6a960cf104b709f33450f5122d476433", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-10-11：预重整方案和第一次临时债权人会议准备出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d45c906a80e71cd55115fb446660b9762dedad051a0638738730bb0835e8856d", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-10-28：第一次临时债权人会议表决情况披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d39cc067bad52d71674dc46f2f32cc5569cfbb04b53f4bce5d3915d6e34eca30", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-11-15：法院裁定受理公司重整并指定管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e609129eb983f2861b2c401404303d1009c287bc6516611365426c6100e81157", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-11-20：法院许可公司继续营业，并准许公司在管理人监督下自行管理财产和营业事务。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b7e11ba18a43dbd1fb696a139ce95e56422822ceb0b936528b924ba9c992961a", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-11-29：重整计划草案和经营方案披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "176188c0d51d79b3697a130694a4f7086b1dd1c3062c61ba5a9aa60916fe88f8", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aba4697831985fc962d3ab173f840908042d243257682d138b673cfe6c53dab9", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "如果真正主线是重整执行和参考价重估，后续应该看到计划批准、资金到账、转增、复牌、过户和控制权变化：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "801f19a173dd24217a74027a54579ba510659d43376be930868f4e56cce3e2af", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-18：重整计划获得法院裁定批准。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ce53af80a236349dab035af59bfccfb1a96db18efa6cec89c846e7683da9a34", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-23：资本公积金转增股本事项实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "412310ade835199a93b6063cd80c1ea0042af9433792ee11f93f5d442b1349b7", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-23：收到重整投资协议项下投资款。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bf5cefacce1cf8a6023754de7ad0de672733ed4a4129d0e888d52c1aba3ab19e", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-27：资本公积金转增股本事项进展暨复牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e302d598ff6c1fbc29c0c29c08e9c4c90ce133ed393bac519ce950d37fbc19d3", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-27：资本公积金转增股本实施后首个交易日开盘参考价调整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3fc17eff96ae99e86dff31e7172a82799b5232e4726963e4fd00b4597fdd2aac", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-30：重整计划执行完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ab3920c0de7fdb5ef215ca4454dd878d62c5b932c22ac9dc5bf5ed15d0e9c15", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2026-01-05：股东权益变动暨控股股东拟发生变更。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a539969989a9be51650e459dccf960c7ee7fea60509fc82c04f74fd6bfc393f", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2026-01-16：股份向重整投资人完成过户。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "82467f180c9c9bcb61c0ed29748a4161c5421c1e716095b82b1b74e099a13071", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2026-01-22：撤销因重整而被实施的退市风险警示，但继续保留其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b3c6a72f505561e785ae05bf6b3ea85c62e2a4b425a0c5d2a6363cda1c5f90ca", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abcab79644086c4d148554638b629259043b3b8e545464193bc98c65a679be32", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "落点是 `L3 单票 K线`，带 `ST重整执行 / 资本公积转增 / 复牌参考价 / 控制权重排` 拼图。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "59b83e8b1c7aa15f6fdaf04aca87057ea2f463286d54e9c2a42df1480b14f939", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-10-11 到 2025-12-11：约 `+16.89%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3bd917586d03b280f1d62350ffdf6fb79168a53778ee70f2bb8d9b09dd4bdd28", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-11-15 到 2025-12-11：约 `-10.36%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2979f20bc3243d6d36034c8c8798586ca8f72b71a56fd7542d6817e6cfabf3e0", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-11 到 2025-12-30：约 `+109.83%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a6fb3d2a5c2879385242edfa817576b013e8bae13b04ac9b82e556890373b55f", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-23 到 2025-12-30：约 `+103.93%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8bc787a691c5d81d3a92765ab386af315d6344d79505b64a2390734023c28a43", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 2025-12-30 到 2026-03-31：约 `-3.58%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0bf4302aa703670c6c93c43d3acdebf5e91e4d1a73e62d4bf844f688f6b1e7e", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae5b42f21fd59e193efd75f2eecf720cd6ed9e4071777e23faf13419c71e7e40", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "这条故事成立，但不能讲成“诉讼公告后反常上涨”。真正链条是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3727251dfe1ab7e1cacc21620514cfedd9f83846c1d81815040fbb457f45f239", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "`预重整方案 -> 债权人会议 -> 法院受理重整 -> 继续营业和自管 -> 重整计划草案 -> 诉讼公告只是风险叶子 -> 重整计划获批 -> 投资款到账 -> 资本公积转增 -> 复牌参考价调整 -> 重整计划执行完毕 -> 控股股东拟变更 -> 股份过户给重整投资人 -> 撤销重整退市风险警示`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "be17b32ee3728ff58b012917b189abb890dd02e73ba90eb08f9a1f23cfd8bd3a", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- ST/困境股里，诉讼公告常常只是风险叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "095e3aecf09879699bb0c46763e364ccf9e793a5db10c1f5b75638809e08729e", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 真正关键节点是法院是否批准重整、钱是否到账、股是否转增、参考价如何处理、谁拿到股票和控制权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "95601450288200c222fc3dc052876ccf28228b0e87a2f502b1752be5c910c25e", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "- 这类上涨不是生产力增强，而是壳修复、债务重组、资本结构和控制权重排带来的重估。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b68cf2f7836606d4ee4957236577644c7ddfa0599a673ebcd44990bb7c9af6b8", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0056_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0056", "raw_excerpt": "`mirror/data/result/darkline_hvstory312_to_319_000615_restructuring_reference_price_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6def28b541b9b1297d43cdb53bd3e4dec30de62d79a2d55899a29ddf65a70046", "source_reasoning_step_id": "DLCASE_LEGACY_0056_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "## 案例：002620.SZ 瑞和股份，诉讼叶子背后的预重整期权", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8967e728490665a3733fcd9f24f1550e63c95abbb3275af713a5f7629824333e", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c6b1996a19dcf673580dcf74875e64f051820773465e5cac77efe790f13e2d1", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "队列入口是 `2025-07-30 关于累计诉讼、仲裁情况的公告`。表面看，这是诉讼风险。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2ca13576fed317477f28cfdfd3e0f2de2f3ab15336250a31809fda02fbd04c6a", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "但股价从 2025-07-30 到 2025-11-18 约 `+87.82%`，到 2026-03-31 约 `+140.93%`。所以这条不能停在“诉讼利空没有跌”。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c8977bd588b4f3282bdf27ccc9a4523d2000a1bec26d8222ce2e44944a22486c", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "281b81cdcb5bc329f482cadacb5e4884d52120ccf6b9d75846f50bbcf28d66ef", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "继续问为什么：如果只是诉讼风险，为什么后续能多次异常波动并持续上行？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e42449033e90b07a7cfffd889a38d1fed25c923234a4283c3d63c579b15b5410", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "反推出的暗线是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c016e77c45ee67e8096e87cd0b874373de53c75c8de76479bd72c6763baf0ed3", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "`瑞和股份处在预重整/潜在重整修复链条里，市场交易的是困境公司被管理人接管、债权整理、招募重整投资人的期权。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9c8c89b448eb31c6b30949efae9028e7cbf30e868ec06519b199407226b21b01", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69de4294e3f28968bbe23ffc21ccefe90388a2952b7098d371f3a4689f440ec2", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "如果这条暗线成立，诉讼公告前应该能看到困境和预重整铺垫：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "93569c833c9fca24c23c62d2f69a7222914d9fd4ee4d8546326d6379786262f3", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-02-18：债权人申请重整及预重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6eca9df9981f5dcdefa3f6195340b1f68a29f5a0a2291027c95a533fb351cc47", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-02-25：公司披露专项自查报告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "103eec756e4469d09d422b30ebbbad9f6adfd1336be48bc6eff3b7651773aaeb", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-03-26：银团贷款逾期。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "67b4cba9c2296bd18b17d1102c3db5316e129c07f5e3089551388b6949ccc2fd", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-04-29：公司股票将被实施其他风险警示并停牌。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b3a2f36e099e2619715da0893de13a7345cc3ff6d829739d6776422b4177dfa", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-07-19：收到启动预重整及指定管理人决定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "106fd611cf8bf840dce0547fc158b16eb8ac1e402b6743954b058b4ddf6ae2b3", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-07-26：预重整债权申报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b8058339787c032c27c78f58cc2fb100d3ae80678905da8d2363ad33db053c6d", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b73ca817698391dc3ffa65e9f647dfd77a8ba21f93f76baf697c1830304d3f70", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-08-28、2025-09-03、2025-09-29：多次股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ca8246d67eee09fad7cbbb980dcfd56890c4139f9fd3d38cea60e7d65287af1e", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-11-18：再次股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3917cdcf8dcd0e007d5f281c5ca498fb27b72927780ecaa0e5e1eda120b01d07", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2026-01-30：2025 年业绩预告和可能被实施退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdd357636c88280fe50ca36b55468f1fe206f8176bc2aa66118715af50cb6eed", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2026-02-27：银团授信进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b34b0827169b99bcde91ed5ea18249c784a2519c118b9d89abc39ab7b3e02463", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2026-03-25：公开招募和遴选重整投资人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ac94fa65a6f8d08385bdabf2c6de4200e4f941cf1970b34cf99cbec272b98ac1", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2026-03-25、2026-03-30：再次异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04023c0778de18d0678e9664d1e5cc3dce01f8ff8914f633cf584d097278b3f9", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "742abe7a6b6f0b00c51624821ef4d556a9c8961277042f6954bad03c493bb588", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "落点是 `L3 单票 K线`，带 `预重整 / 管理人 / 债权申报 / 重整投资人招募期权` 拼图。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c1e4afef7e03f86a1441c1182d7405c09125bec741dc95505a05c65303001161", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-02-18 到 2025-07-30：约 `+9.97%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "91324b3d3625077bd06c321c3b1c7948190d83ac1148991e69c0f9dbd00514d9", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-07-30 到 2025-09-03：约 `+60.88%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "41cc3c7820d0e172d301f7cf0c79af5ea0f77d2b45b4f7c68d942659ff8fa814", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-07-30 到 2025-11-18：约 `+87.82%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "55aa6440712dd6d35dc8c4fea53899f272185c1052072201fa77f744a2c9af1a", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2025-07-30 到 2026-03-31：约 `+140.93%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bb1939aab80be114e4c92be3e10dc58e81e590eefb690e54b978b38f09d95a54", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 2026-03-25 到 2026-03-31：约 `+17.87%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "566a08c563c91ea2c7b563de435bf575b7b88e30360a5c818b572d35162ca0c7", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f0bcb0eef5090c2784974d3fcf8d3f647fdc610dbf808720aa4ba2c806e2fff8", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "这条故事可以讲，但读法要保守：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05119246f904a88fef1f4effcc4dba0205414aab949b82cb4e6de2250fa7614a", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "`债权人申请重整/预重整 -> 专项自查 -> 银团贷款逾期 -> ST风险显影 -> 启动预重整并指定管理人 -> 债权申报 -> 累计诉讼只是困境叶子 -> 多次异常波动 -> 公开招募重整投资人 -> 预重整期权继续显影`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9c5fba17b54f10d62e8fef2261ef4ac219de9ade8f3e284cbf84732526672b34", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 诉讼叶子不一定是行情根因；对困境公司，要优先看是否进入预重整、是否指定管理人、是否启动债权申报、是否招募重整投资人。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c021b7430466721570bef326d0de3f604f94b4a83a3564b5a2d74e64d4fbb234", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "- 这条不是“重整执行完成”，而是“预重整期权”。没有投资款到账、转增、参考价、股份过户和控制权落地前，不能按完成型重整读。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1b022a01a4f5116da3f00124a8730458725ea8515f1141cd6c65477138f0e89f", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0057_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0057", "raw_excerpt": "`mirror/data/result/darkline_hvstory320_to_327_002620_pre_restructuring_optionality_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a161c1653ffa028bc3ced8cca33321ce9a625cab981feef224796f57b977910c", "source_reasoning_step_id": "DLCASE_LEGACY_0057_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "## 案例：002485.SZ ST雪发，业绩亏损叶子背后的实控人风险落地与控制权期权", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "16bdf4604932d1a3fe10b6a4889a7ab0c36b439138e220e2f48ae2e4c593a3f6", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "### B/C：最初看到的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1beb61183a6b5a20e684dbd95884914d99f7c74ab37c7b2f2d433bd3ecce8744", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "队列入口是 `2026-01-31 2025年度业绩预告`。表面看，公司预计亏损扩大，属于利空。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d99086e8151a64f152c87bfe206f742d95d228986f66e6db0c653bb35db49a79", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "但实际 K 线没有按普通业绩利空走：从 2026-01-31 到 2026-02-11，股价约 `+27.85%`；到 2026-03-11，约 `+38.48%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a8bf9a857798e688ee622b7db8a4bd819e7282114fec238c872be0eb7a7ffdd2", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "### A：反推出的暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba0afba6fd61a8e257af5eb171120425783a4926817f2f858d6bef02d45512a7", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "继续问为什么：如果亏损是主要矛盾，为什么后续还会涨？如果实控人案件是新增利空，为什么案件披露后反而异常波动？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fadcc01799226a93badb32e52fec8b4e53d44036c68217a75f2fd97f71e2d22d", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "反推出来的暗线是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "09d69d0555de7dfe8ff60bc0ac7eb16bd1d5c8ad31df10fdc91c9580b1c5028a", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "`雪松系旧实控人风险从失联悬空变成司法定性，上市公司反复强调经营独立，同时控股股东股份大比例质押和冻结，市场开始交易旧控制人风险出清与未来控制权变化期权。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a42ac947ea216443a3ba473a26f62f147eb95fd4603ce331b990d1e59ac287b", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "这不是案件本身利好，而是旧风险被定性后，市场开始问：旧控制人是不是会退出？被冻结和质押的股权会不会被处置？上市公司壳和业务是否仍能独立运转？", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "131b9c079e8afbd0fbc08e67b54393512c1ce5be7fd6a4a7bafd03bb40391fcb", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "### M：前置铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6623e6e7bdfb5219cae3dd95f8f9924a4caaf0edb4a1aff9315fabc592b4c013", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "如果这个暗线成立，案件公告前应该已经有旧风险悬空和风险出清铺垫：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25374caa7796d195328ff41d3beb5ff65a0c3a9f86f1c31a01fdc885148253b2", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2023-04-29：公司申请撤销退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2739da85739989ce87a35660e68f64d6404734ab868f5be46d1b87b5c4ebb7d1", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2023-05-09：公司公告实际控制人失联。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f75fecb6f7fc4754915ff2bc2304fda1c68311872094d34367e8f73645f381a6", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2023-12-22：股票撤销退市风险警示，但继续被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "33f14ff2feec5999b80f1c7d28cd9aee3a20fbd4dc7b7d40d075d33a91ff8185", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2025-04-11：控股股东及一致行动人股份冻结仍在推进。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e1a9104d92105657524c06b4a141b02dc7cdf15aa76b06d91a924e0445488c8", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2026-01-31：业绩预告亏损扩大，只是风险叶子。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dea0faa040f47d84087e5758245e7832a5b7badea54f7bee129867315c36f764", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27a2c26d7e91785b66f03e78cde5a065e7552018a2611b358c78e5d506189a2c", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "如果市场交易的是旧控制人风险落地和控制权变化期权，后续应该看到司法定性、经营独立、股权处置可能性和股价显影：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3241a918e22c5105c3c9c32f8bd8c0013a569fb82fe399df8a085f16ccd711ab", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2026-02-07：公司继续开展期货套保，并申请融资总额度和担保，说明公司经营侧还在正常转动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b0d00f21b229497a3b9d960d8002b1d20be3ad1bb574b1689adc4f89f759c312", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2026-02-11：公司披露实际控制人案件公开宣判。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7a785328d50b433d25e4eae1430c3e1ba15844b528d21bea99484c7dca782c01", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2026-02-12：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e941a7ec14b92bad92b8cee7c57aa7045442f67320823faf5fd07c1e6917a58", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2026-02-28：公司披露一审判决进展，并提示若股份被处置，公司存在实际控制人变更可能。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01f863483c01b02306afae9d01ac8d2b971273dc67907575d951aaa3fe715a5e", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 2026-03-04：股票再次异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4fd5adb383d74d96e31fe335d5aa600dd2a95012f1d1b2286e14a2d40b4755bc", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae945c42e8bea608a3ac44c0ecfa70603b9cb9e6efffdf67363fe3ee1e8ed271", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "落点是 `L3 单票 K线`，不是行业风格。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d571d13f589bd65ace0096bb101a711987753668e961ccede274bcdfa593fb4", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "核心拼图是：`业绩亏损叶子 + 旧实控人风险司法落地 + 上市公司经营独立侧证 + 大比例质押/冻结股份 + 潜在控制权变化`。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4fa31dbce82a608b405de2c5d0eb50e27798de0d21b1c025700fcdb801571a94", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0843b4239619c91992f6baaaa971b8822a3d8f03682598e8240eb8e9a180a412", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "这条故事成立，但不能讲成“业绩亏损公告利空失效”，也不能讲成“实控人案件利好”。更准确的故事是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "45a823501435e0577d4710d42801442a63a855f41301f57d7ea74cff823868eb", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "`撤销退市风险申请 -> 实际控制人失联 -> 撤销退市风险警示但保留其他风险 -> 股份冻结 -> 业绩亏损叶子 -> 套保/融资/担保侧证经营未停摆 -> 实控人案件公开宣判 -> 异常波动 -> 一审判决进展和控制权变化可能 -> 再次异常波动`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4bb3c94d12bd76bf806bd86a1e10d01799f6f45575b647817f034496830e44c5", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 旧实控人风险长期悬空时，司法落地不一定只是新增利空，也可能变成“风险定性”和“控制权出清期权”。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a18c9a85a410dbb5597c9566e30e2fdcca341931d000a71a174faab99ff74563", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 对 ST/困境公司，坏标题要问是不是叶子；真正根节点可能是退市风险变化、控股权冻结/质押、实控人退出概率、经营独立性和控制权重排。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dfb75c5f06c51a26f20853d7efa07bde9f6238fedb150d2fdcf7e9709089ec4f", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "- 这类样本不能和重整完成链、资产注入链混读；它是 `controller overhang clearance / control-change optionality` 分型。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b75306a92281d3822ed1a63d57d9820711fcc5b4d415fddda9b888f9d12f8bc", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0058_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0058", "raw_excerpt": "`mirror/data/result/darkline_hvstory328_to_335_002485_controller_case_overhang_clearance_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c4865e466d106de3a83abc323d44b44e04ef26162816173843f22b31d058b37f", "source_reasoning_step_id": "DLCASE_LEGACY_0058_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "## 案例：600589.SH 大位科技，表面控制人风险背后的城市智算壳重估", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "23cb30f5ac4d695d57ecd91d1f249211e031f3d4ffc0e97109e24898dc8f127b", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### 案例入口", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f01b2b1a4013ba0f27364d00c0c87f82fa3f5f2afe422661f18aee4158421c76", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "队列入口是 `2023-05-25 关于公司实际控制人被留置并立案调查的公告`。表面看，这是很重的利空：控制人风险、退市风险、诉讼风险、债务风险都压在公司身上。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6b2ed825aad16d11251b55b7d54bdd804e021d546c003ac9479aebbe8ea0992c", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "但 K 线没有按这个表面逻辑走。2023-05-25 到 2023-12-29，股价约 `+79.21%`；2024-07-01 到 2026-03-31，股价约 `+234.80%`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e311df80c595b9dca0954496e6909a6254529e524b2f35e939e4ff7ea45080aa", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa406b9640a5ecb619b708d8745cd6d017ca0ddd900e39e3549d1d1a1ccb77b8", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 控制人和旧控制结构不稳。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cad2569f1166635d4753b9f46d2235445bb8ae2fa39e0fb9cb83b73923afd938", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 债务、诉讼、退市风险持续存在。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ed78508e12f9c4a520902d17f9c22018bd0f62942d3f1df25991d6609598c4d9", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 公司是一个被 ST 和重整风险缠住的旧化工壳。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5a32eb7628b71cc4004b2f063ad75b19a3e1a67700b891591b2566f87cdcf149", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "如果只看这些叶子，直觉应该是利空。但 darkline 要继续问：为什么这么多坏消息，市场反而愿意给它重新定价？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61e916a8bee5770157ab5451dad93cf100ae3b261bb42b164d872efbc0822a4b", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4fa139104a30f81a17560b206c9e268a36d8b3a44721eac9f39582dbec8a97b7", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "反推出来的 A 目标不是“控制人风险利好”，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bdcc08c665ddc8fd3e6ed6824ee91c795be4c5cf710af5952629330541817da4", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "`用破产重整把旧债务、旧控制人、旧资产问题清掉，引入城市智算作为新控制方，把旧化工困境壳改造成算力/数据中心方向的上市平台。`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "27cf86d0431e6ff4b6bcf7eb4f558bf18c5c3b9a109928ab07caada470677280", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "也就是说，真正被市场交易的不是坏消息本身，而是旧壳修复后的新身份。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "beada94ca3546a4b2feb7ed3d8b146019c6b0b532b3bb77984622cb11ab97d72", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### M：公告前后已经出现的铺垫", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "806e4f1f6649b104aec30f2fd788eb090461e1a64d1a9b69cca497a8a46ced97", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-01-13：公司提示控股股东和实际控制人拟发生变更。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "022aeae8646a63da08b58927b7e71e42282cf59a74a558442a79fbf1aadcbfff", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-02-01：公司控股股东和实际控制人发生变更。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71e6175ba2de418d6c2ec236310ae7bea976d6cd6412e66ba430fdfc22711292", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-11-08：被债权人申请重整出现进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d14cd5b307ea56c93340de9d4a9b44bd9ff66d65a309d01183471575adf880a4", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-11-25：法院裁定受理重整并指定管理人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc858790ef6d96e75720e563d1e2d6ba31d9503675ff80f5630f142b71f5b050", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-02：法院许可公司在重整期间继续营业和自行管理。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e860f85653dfbcd95eaf49ebe79f213627952cac39457094a095273e3326254f", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "这些节点说明：公司不是单纯“坏”，而是进入了一个可被修复、可被接管、可被重新定价的通道。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5451246a5b5982ba1237450b518203b18c14e181b2512e04b8adf4d140170369", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0123b67b65d80604a0eb5834eda3155d8e36775611e104e91151b78842e3df99", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "如果 A 目标成立，后续应该看到：投资人入场、法院批准、控制权落地、风险警示解除、新产业资产进入、旧资产剥离。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8b01717857104978000b2d528028b67193706354b5df081b3afd439967053d76", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "后续确实出现了：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8b0c0858b11357b7d0a17e2a2c3b4a420546cae6a777e1f5112859656ac9b91d", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-13：公开招募和遴选重整产业投资人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "007a33c0461402c1b715b77d53c075ad328455bc5777c7a91a23d57d71251ca0", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-19：与重整产业投资人签订重整投资协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f229a7e16835938c1b8940cb9dfbcd02877423ad4ac8efe0591b614f740793fd", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-19：披露重整计划草案经营方案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "177e2507ba4d9f072878254c1045d1a6b53c6637f99d7460cec44dd35b6b4000", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-26：法院裁定批准重整计划。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d49937f566cb181e4a2f5e0438c16dfd2000239f399b93e34c34b11cc69d6c98", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-27：资本公积转增股本事项实施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec20b97312153d03a8e170b335e1318d3b149ce6c1d21e30e1153526387cb00b", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-27 至 2023-12-28：控股股东和实际控制人拟变更、发生变更，城市智算披露详式权益变动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a724924c53a45a8215f88898b3b79c0c78e5ffe2e9ec218935e071751e0d7b67", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-12-30：重整计划执行完毕。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35267a2465c12696bce9356b214f144da87fa350e5b6439c17bd42540bb27487", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2024-03-19：非标准意见所涉事项影响消除，并申请撤销退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f539edd4958978a00a180f48f06c5b4920d3ae224d8faa88c16eeb5c7316e327", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2024-06-13：公司股票撤销退市风险警示及其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dbe1d8ee4056d9997cf27ce8db3e6b6be81f30d38d960845fd1de2ccd794490c", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2024-06-29：公司收购北京金云雅创物联科技有限公司 100% 股权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "892bb911b231508e2469791754156bcf1a94909052b12ef280a9063b702170e4", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2024-08-13：上述收购完成工商变更登记。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a82b3232d1be87058aec73449b5176329e0db560c1a1fcbdfb7c7ac0f0fe989f", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2025-04-02、2025-12-13：持续督导总结和旧资产处置继续出现。", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8cb12392aef27a48d9889f378e24fa5579b4b1fd4c9f1b45904671fd4f5f3b4b", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2aa48f6a4531bcc72801a2a088e80c50e0cf50ca1d644498cb58dee626ab116b", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "落点是 `L3 单票 K 线`，不是直接落到整个行业风。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2bc067e1e292e31e3dbb9e406180d0e25a769662d0463a49b34126916ddfb940", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "这条线的市场输出不是“实控人风险公告后上涨”，而是：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dade052b03f9c57e588f43de86d695768a0f55191156cd97a1273e90c62ad72e", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "`旧壳风险出清 + 城市智算控制权进入 + 数据/物联网资产承接 + ST 风险解除 + 旧资产剥离`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c54071b0210b84955cac8399c613abd965be1a6e17816b9665763a9d0718acd2", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2023-05-25 到 2023-12-29：约 `+79.21%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fb3779c962ce48c7d8d107dae08fd95d12c8c4fc7bc1e70d4bbd95a517e17a70", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2024-06-14 到 2025-04-02：约 `+87.82%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "153723fab9b777c34e4929384c8e4ee5c437d07d2e611a37f35139389f20f902", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 2024-07-01 到 2026-03-31：约 `+234.80%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "05393207d0eec2886e98fc0b6132b8d66e37a3560896c8d22d339eb610e776d7", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8d42c4bd8c0380d49621a11f5b74e0d5ff4c4ac11075f8564b9d70e0d8f9b5e7", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "这条故事成立。它验证了一个重要分型：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a882e9e3b389894b1aad44a698868c9a854e8d17b7942e43f6a3d97fb6ec9093", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "`表面控制人风险 / 退市风险 / 诉讼风险` 有时不是主线，只是困境壳的叶子。真正的暗线可能是 `谁接这个壳、怎么清债、怎么换控制权、换成什么产业身份、旧资产怎么剥离`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5872ad7509780ef3d23a9d46671e34ef4882cfed50921afff0e5d1c05c8401ae", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 坏消息后股价不跌，要问坏消息是不是已经是结果，而不是起点。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32e4211dbdebb52962954494c070eabc68fdc2a6f2b241f9663dd6b01abfe2df", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 困境股的价值不只看“风险有没有”，更要看“风险是否进入可修复路径”。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "642a2dd5541e24c9ed87f86df9f6331cf7c6ad7657d4100e02b15c9030b2145c", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 关键节点不是越多越好，而是要抓住法院受理、投资人协议、控制权变化、风险警示撤销、新资产进入、旧资产剥离这些结构性节点。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0387db8d7eecfeed7f679e25e9340f38fd21b3b58aaa1157c07d3d5744cbe056", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "- 该案例应归入 `CONTROL_RISK_LEAF + DISTRESSED_SHELL_REPAIR + CITY_COMPUTE_REVALUATION`，不能归入普通监管利空或普通摘帽链。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ae6da87479b0f2b5d5e26efa92f83e6f737916028db6bfed82752e66d66a11a", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0059_EVID_0050", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0059", "raw_excerpt": "`mirror/data/result/darkline_hvstory336_to_343_600589_reorg_city_compute_shell_revaluation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4d35bea7832283a7215100f7737af9cec86eaede14584ab600358e2f9de92d65", "source_reasoning_step_id": "DLCASE_LEGACY_0059_STEP_0050", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "## 案例：000669.SZ ST金鸿亏损、债务逾期和重整期权链", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ead5de400db460d1f02b7818d1d9345d9aacced4e5e2087e85b9362a5fab9c9", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0b9d90a472b54b8bafd709e1b2760019145fb1a2a85699a62b55b7797241481e", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "最开始看到的是 `2026-01-31 2025年度业绩预告`。表面读法很差：公司亏损。再往前看，`2026-01-22` 还有子公司债务逾期。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ff1b6ac4e9ecb72f58ac3b6db85d2146328bcbe6d04a764971264672649b970e", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "但 K 线没有按普通坏消息走：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c7b9695804f73eb5d3b59298b860628a0fbe6dbf618fafa7bcc4fad9468d6358", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-01-22 到 2026-03-31：约 `+75.68%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c8781d8158edf62394e879b5ee3a8e2a67f7c2bcfe115a6760b6dda2f6828d24", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-01-31 到 2026-03-31：约 `+66.56%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f82794883eef93cadb8fd97b37cf275feab27764bad4e95dc60e4ad4cd7366b5", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-10 到 2026-03-31：约 `+58.82%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c263e9d4119cd52b622a03ba7d0d71df3426f36fa667ac466d0775583e2d23c4", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6f5145e2f9de09c281e402660dff361acb259c6ea6eee645e1a3390052039838", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 管理层变动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2bb868064e2abf4c8b55fe4dd35ed6ae32bd49ab3723cb7626d04065fc84d8c6", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 子公司债务逾期。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "073259b1c5a74a5d74f82b93a0b916bd0e611ccf25a35022f41556a0ad15c683", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 年度业绩预亏。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b7b9391f66905b1f7e146d110e2c146c03511e3d1e6204aa74245991065830b7", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 15 金鸿债违约处置仍在继续。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0677820d7fdcff4df60297193b7e7e79d25f99c816b260f49439d209d0aaf430", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "如果只看叶子，这是坏消息。但 darkline 要继续问：为什么坏消息出来后，股价反而大幅上涨？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8ac2ac81b8e7e8b6c6918dfe5183d04f79d0b7097997c214e47b00b2f748a31a", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "80550c516195f2fa9098619271c7161ca3481c13d987a5b324820c645f0b7864", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "反推出来的 A 目标不是“亏损利好”，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0b90f6026fc3540d96d87b8289984ab070327470ca66f7a1abf36d70555797f5", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "`债务压力已经逼近重整通道，市场开始交易公司从被动违约走向有组织债务修复、庭外重组、投资人招募和未来重整方案的期权。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "aa0c8c05090ce4393dbaf473b473af65db4e2cb74e59b61beda2a056030da327", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "也就是说，真正被交易的不是亏损公告，而是“公司还有没有被修复、被接手、被重新安排债务的可能”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ecc79008ab816d2e5268a73a707aed30343dfc7d469525a7b8a3b35c3a45a202", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### M：已经发生的铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "130db8d92d7ba76e3d771b2e321c2be06dd5723c4b09ac894c4dbbcf598d6a2d", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-01-06：公司董事、总会计师辞职。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "efbe75e17d0f4c8e4c179e1881d2c65b5a95c8883e81a525f671138a4eb4e518", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-01-22：子公司债务逾期。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f7df04d559de0ad5cfc54b1cfa5992df991af7075e9806f707d45f6d0f9870a1", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-01-31：年度业绩预告，确认亏损压力。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "13d8c9ac896bd41f6b86b3020be7ff1aa4a372a37e47e43ac2cda9d5473bd757", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "这些节点说明：公司不是单一经营波动，而是债务和治理压力同时出现。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab732b2e704db017ede3766de44019ffe12893083eb1885669780b1482d30c5b", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "efbad75bc801cb0695e4de267111213973f8b4b59970bcb6c7ec1b4532ccc1b0", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "如果 A 目标成立，后续应该看到：债权人推动重整、公司进入自查、法院/清算组介入、债权申报、投资人招募、债务重组继续推进。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f30ca6d5ffb03e8af285b7a2c67508b1a4eaffee3c1bcfeb35eea35bbbdb3f3a", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "后续确实出现了：", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "74733aad7f639193c30d4c52492de11dbbdd920177877ddbc2b0031d00914f40", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-10：被债权人申请重整及预重整。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35ff6adf56f5414cbe8336a86c0070cb98031de28c884c81d7ec2b0e3c47ffbe", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-10：公司披露被债权人申请预重整专项自查报告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "92d40c30d826bc15fee00a8d593362a2ff5ff9e7b5137074bd92e642c9085097", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-13：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "34283d82162513bf342d3b45022204160333f75070573a09d584d715c3956202", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-25：法院同意清算组担任辅助机构，协助公司先行进行庭外重组。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e3e316da4ac7663458f93a56d2befcadef795625190fe77dc7dd570dadccabda", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-25：公司披露庭外重组债权申报。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9873d742024d99e92387238723ae29d4ee77e5810eb22e0d4220cc26db9fc8bd", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-26：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fe8da8e34f4de00e4761e23f46f8f194747acfe7f13e0767da08221f3b8fc5b1", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-03-04：公开招募和遴选重整投资人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bf490a2d1b90e4a37227ca34a49fb2a41709bf63fcd03425dc36b3092821eae6", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-03-13：子公司债务重组及相关担保事项。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e7fa5efab735f440305620597fbcc0313bcae92732b5edecd3ada0fb06c265fb", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-03-13：再次股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4484639fa3d7ac0ddb4274a1c4487f3d2fed23f4e12149e9b6215a670d5f038a", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-03-30：15 金鸿债违约处置进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "25d3c84d999f13ebd553122719d32c482997c0f9270c7233ffb6bd7432332fcb", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fdfb4422a14b8c3dd02a251ffd5b9327f111dfa2580ff06a0bd998f16b116900", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "落点是 `L3 单票 K 线`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "17f0898a77c79d500a1f9e1db2ddfa8a88eaa01d3c4bdc4beaf9a67608f9a630", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "这条线的市场输出不是“业绩预亏后上涨”，而是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "911d964fcf55f552f661977639785028cfeba1225b1dc2dc589edc9801514266", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "`亏损和债务逾期 -> 债权人申请重整/预重整 -> 庭外重组推进 -> 债权申报 -> 招募投资人 -> 债务重组继续出现`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1a1641b8513a57b5fc337089a1c368370f64caf9931835e02fc9d7f296d871bf", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-01-22 到 2026-03-31：约 `+75.68%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e62cb6c2c86f989d33f59ae8f40b8039f5a28a6cc9dd50120cc432d6efe962cc", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-02-10 到 2026-03-31：约 `+58.82%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "69f1619f2a8769d955d9113fa9abfde0b69ab629d01a7550d8fa54f1bdea4928", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 2026-03-04 到 2026-03-31：约 `+28.89%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9ece23f1509e291f5af8f2d2c2b20d9d985f647881395d872a0c9b671f639dbd", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dcd058fad7503e0a83bed7c674ec9085ea1a4082b8ad12c241e5ffdee6fc7b7b", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "这条故事 V0 成立，但还没有闭环。它验证了一个重要分型：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba8a78ef12d85a12f7e71afbf980161310a46e4992e49ee85c6219186f02e407", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "`亏损 / 债务逾期 / 债券违约` 有时不是行情根因，而是逼出重整路径的叶子。真正的暗线可能是 `谁推动重整、是否能庭外重组、债权怎么申报、投资人是否出现、债务修复能不能落地`。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "406d29e320b45ff603e43154715581ecfac8282fc886e3ea59e20c4d75974a6d", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 负面公告后大涨，要问负面公告是不是把公司推入“可修复通道”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "de81cd8b64b70b41184a7c8c19b41de42f8a2823e59451673500118880930435", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 重整期权型故事一定要继续跟后续节点，不能在第一次上涨后就说故事完整。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6223204e1a11f28240793286fe229080620fb976975e4cc3f3cb35e941f62b4d", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "- 关键节点是：债权人申请、法院/清算组介入、债权申报、投资人招募、计划批准、执行结果。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "805eeb216bd4e229a7437190dd52e8c616ad2271596b03622df1078dc6041047", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0060_EVID_0049", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0060", "raw_excerpt": "`mirror/data/result/darkline_hvstory344_to_351_000669_reorg_debt_option_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c53ffa46a66b82c6aaf5ab47bb743fa995db1463155dfe37e539f22ca8c5e8b3", "source_reasoning_step_id": "DLCASE_LEGACY_0060_STEP_0049", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "## 案例：688005.SH 容百新能源激励清理、宁德时代业务链和监管覆盖", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e9660b9cacfac871c813e5eda94aa34f0f1410002d8922ffde7ee092fc0b5c7", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5bbf33ed749f6d97362159227a23f5ee59bb8fb3afe076a0cab953c08da323fb", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "最开始看到的是 `2025-10-18 股权激励回购注销及作废部分限制性股票`。表面看，这是激励清理、注册资本减少、部分限制性股票作废，偏负面或中性。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7f179cac3c99823a8aa0ea5d8d8d83060bef4cff0f3c89c74f15212a303f5277", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "但 K 线没有按这个表面逻辑走：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c9e25f4cff9f8af25098508609cfeff960af19a6c89deb9bde76cc56030c74c", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-10-20 到 2025-11-18：约 `+29.75%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "109b205c77d2d6645e57f01e0fb47f01448551f2d63117c33a5a3598944f9a8f", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-10-20 到 2026-01-13：约 `+43.38%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "67f01c97e575c5fe9fcdb2ea0c7daf4f932ecd71ccb54e5000aa2f01ea939755", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-12-15 到 2026-01-13：约 `+36.81%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5dff2b3676d16fffb0c7427b9a440df54b885c36600b5520fd1c08cf797ba035", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fa38c199649a11c0ef7e7883087a58fd3450a49dd32971449fd156a05bbfae63", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 股权激励回购注销。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c742beefae3613ccaeec18bbfb176b22bd2494fe2c97b134d789a7ea76e3463f", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 部分限制性股票作废。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec4545b32a894b42aab3484f60a18b42c68a0ea4fd426eef1b25ac0124280e17", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 注册资本减少并通知债权人。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f3fa32c85306be982c1cec8d5c80b6ef2f6d986400619ccc33ca86c2533ed20c", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "这些不是生产力增强，也不是直接订单增长。所以如果股价大涨，就必须继续问：真正被交易的是什么？", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "36fcc9dfd8a0e0251208495b215469e1589095bd8e84a617fba5a1c444fdeb09", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0825f49c452394d2912849865384af93cb7cba396b36dc3a25eee17e11a77096", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "反推出来的 A 目标是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "57c635e4d44ccf818fb727d154b9f5d041e3684a4554a01e5298c4bc974e7d2b", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "`公司从激励清理和业绩压力表象下，转向宁德时代绑定、产业链合作、资产/产能补强和重大经营合同确认。`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1984fbb46fe196a903e0f67b5b77d9a7480a4961cbdfad47dbf1dc7151bb1302", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "也就是说，市场交易的不是激励作废，而是公司在锂电材料链里重新获得强客户、强合同和资产补强的预期。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2e2923891d358a6c2d8fd3b4dec8ce2139483ce26351704ea74816f3afb906e9", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### M：前段铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2a11049d3d8757159d43bb11958bda230ecff3e6326cba46dd6bf38da3669c8f", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-10-18：三季度报告和股权激励清理同日出现。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b9a12b76c8eb7ae182b95c9c4499c8460301c5fa79c2a6eda03b35b522aba529", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-10-18：回购注销、作废、减少注册资本的系列公告把旧激励问题处理掉。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3b4a4b784e234eb83fe4a95e2068c4765d9eab6272bd916379e4f22e3c828b96", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "这些节点本身不能解释上涨，但它们把旧激励包袱清掉，为后续业务链重估提供背景。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bf1987948fbeebb241a7ae710307b556f657cdf695899a912c151f4ee4146cb0", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb5de467bb5bd749653b5c7e6f21d8336aeb0bec0ea52f7b10a76df3f6580b59", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "如果 A 目标成立，后续应该看到强客户合作、产业链资产补强、重大合同落地。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cfb7a122d1519962c80e240dd1d8cb7defe91460c3df394f65860fa599a1058d", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-11-17：公司与宁德时代签署合作协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a90f20cd496ad30416c1fa46f8b387f29d625962ae533997ff2f119ed264bbd4", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-12-13：公司收购贵州新仁新能源科技有限公司股权并对其增资。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eb2d9b58f4fca55fcc6c22fde1bc2924f6580418b27a29abc0ebbac15e642532", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-13：公司披露年度业绩预告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c892103dc85971ec57c59d12fc43f3951497e933496161b571d3fc841a29793c", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-14：公司与宁德时代签署日常经营重大合同。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "eca10f91f31fe968de0af839535ea6a6e98e51a6db1ee5eed81960b901745801", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "但同一天开始出现另一条线：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cece297ef222ca4ce4fd62e5493cf6558e3c076e531a200fbd193af582e15ab5", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-14：公司收到上交所问询函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6d931e5433f15004cafe9ff128be87c4b0e54d594483a3b7d420eea8113e34a1", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-16：延期回复问询函并继续停牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4563fa167738115d5c1cbf4680f85ad4a63796a9a9e9855bce3643b6be65e12e", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-19：公司回复问询函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d04e294fa096b396e701c648b23761d37d3256f6ee4b857bc1b6aba1bf0c3c8", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-19：公司收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e4e1817a4e69a858a64caeb0dd4e3383839cc87a21617222666f2744e1276e97", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "960a72f9fd3ee222f2447f20f5a87bb449eecd335859aa513327c924887d2671", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "落点是 `L3 单票 K 线`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb162b6309b85f76a26a814cf00b571e31dd0fec5a28f7f8d5ce00e9037fae6b", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "前段市场输出是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e1d0d71ed847fd29b9d1cbfa52fe59bb8a320446f04b1bb320ed168929b446e7", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "`宁德时代合作 + 产业链资产补强 + 重大合同预期`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "100b09be3ba8a4d30b2f09726b618f9bfd47af8bd3c1b0f3e5341b95d36dd3e7", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "后段市场输出变成：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1da235c73223d94a74b45044f0457b29ee131518964a3a78e9f413fc3e0d1ae", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "`重大合同利好被问询和立案风险覆盖`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2989e9d783fecd7d60e129ece61244b6d77abb58ee3f68d05475c621d3369bad", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2025-10-20 到 2026-01-13：约 `+43.38%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1b1faa18ac4dde390732012b726d2d2b9170109b4a13fd0439f21047b6353aba", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 2026-01-19 到 2026-03-31：约 `-14.62%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18eef6e97f1a01f1b9367e75e3beaec5dc398ea422f6135f8ece4e74a8094b64", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "62196ed539dd2b35f764bfb10c520f3f7db0af64fd3267791f012f0df726ea3c", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "这条故事成立，而且它比单纯上涨故事更有价值，因为它说明一条暗线可能中途被另一条暗线覆盖：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52e385f2e4e1f1e43a56858e9b873580889095cd92765235e9b6854c9b181752", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "`激励清理叶子 -> 宁德时代业务链重估 -> 重大合同确认 -> 监管问询/立案风险覆盖`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e212d896469269eb4ca6a48554596554b7c9f1e77ff83402e087932b4a4e7835", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 表面激励清理不是行情根因，真正要看它后面有没有强客户、强合同、强资产补强。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a8e146a41f44fa93e46ea42d5855f62244eefc7c5e27a16238d873ba93bdcca6", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 如果利好兑现后 K 线不继续涨，不能马上说前面推理错，要问有没有新的上层或同层风险覆盖。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f7d197eb8a8753fa90f7081662116655f63fb68c3a873ef6e1921f1bb0e71693", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "- 同一个股票可以同时存在正向业务链和负向监管链，后续读法必须拆分阶段。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "603dad77177935f9a8b3a5d9836ef47f024399d3063e47cb88eb1acdfa18b259", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0061_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0061", "raw_excerpt": "`mirror/data/result/darkline_hvstory352_to_359_688005_incentive_catl_contract_risk_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e8fc226c641ef1068519ccae015186a92fca679a467bebf92b196b3eb188a87", "source_reasoning_step_id": "DLCASE_LEGACY_0061_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "## 案例：300020.SZ 银江技术证监会立案、L1风覆盖和风险清除期权", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "15643e37f99939e600fa8857efe466cbf1d8f027d06f115fa8a305739f9c2b38", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "14672105285144887b8328c8badbff931b815597ccb1683533d804966444ab60", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "最开始看到的是 `2024-09-13 收到中国证券监督管理委员会立案告知书`。表面读法很明确：监管立案是利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "10fe860916d2a1ce2f09c93844bcaed1da28d50cd852264f5eb9b612b1150ca5", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "但 K 线没有按普通利空走：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4fe820c795199288ccf20e89bf575028b62d48ce1a728432221ca1343d47ec1e", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-09-13 到 2024-12-31：约 `+87.69%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "596c4fa6c9add1bf18e3573d0d969692756a52ab644ea87a58b751f7f2875cd7", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-09-13 到 2025-03-31：约 `+73.33%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c513017d3d100f9c6f2ff390cf32ab9adcf773a9bae93fd080a1eb958faa0e8f", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "53c85e26d97eac63b589b73ed9982aea77f95d90ca9fb0652c56a155cda59293", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 公司收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2b47848a8112910062107f162a7946c8aac6cb99f058786b1bec3039497a50b", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 随后公司股票被叠加实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e3e08141b82c445fe5e49a40c6ab99d6f95c0319fce8bc42985bd50ad2fc5b7", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 实际控制人后来也收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47b981df28a10c3648e8d725ac84baad350ba44ed9124c0bb3345d510a7ae7d1", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "这不是假利空，而是真利空。所以如果股价反涨，不能强行说立案利好，必须往上问：有没有更高层风覆盖，或者后续是否出现风险清除路径？", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52116c398f27fd872fa82d45c9e019ed66cd8ddc713f283a2344870123d254b5", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7b72b5659ed04158a280ea8a69c7b21d4e869b14f1ed6ecc1b285a00819f12f6", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "反推出来的 A 目标不是“监管立案利好”，而是两层叠加：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f2bdb135320b3d050e1e36e2556c6d1d0e15530312a212bdc90695421ae432d3", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "`第一层：924 后 L1 市场风覆盖，低价风险股被整体重估。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "67f18ed23f26a31aae7c22569317b8fb9ab097758dee3d2a3b21e870412b2701", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "`第二层：公司自身风险开始从悬空不确定，逐步走向处罚落地、资金占用清偿、非标事项消除和退市风险警示撤销申请。`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "190d0254778b6671b18d303c07b53c4136ec06abe2f088ed8911910b1b7b92b9", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "也就是说，市场不是在奖励立案，而是在交易高层市场风 + 风险悬空变成可量化、可修复、可撤销的期权。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "47af14cd48aa1c799329b0b85cde3cd2f0848901dbfbaf5a357a6f9884bb066c", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### M：已经发生的铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9505aabc8b5f104a5280ed312783a0c35d2d62944b5536f20697fd455e94bc82", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-09-13：公司收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9732d808dbb0a5d05e7f39c5bc37e4e3006a56c8e5ef563cddc071b62175d964", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-09-27：公司股票被叠加实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e64ff4f7a3128e14c64ea3b6fcfdc6b7b79803c5f97aa04c649d409a4f209740", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-10-30：公司披露风险警示相关事项进展。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb080931bd468b29631fb31b2282361ce130452bf6e0529964df47ecc99f9ac6", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "这些节点说明风险是真的存在。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52c32e2f487c142aeb7559e10e2444e271248cd3f934c6e085a3165504761d37", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7cdd6eaed4fac9b6e1c9440867604ddd81adeefa5dcbe299f71cbe587a6d15ff", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "如果 A 目标成立，后续应该看到两类节点：一类是风险继续落地，一类是风险可修复。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "09bcf22b54b458d289a40b51a73a615aaf20bb0a0dd65f3534cf1c652914b509", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-12-07：公司新聘 2024 年度审计机构。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "70153d97bfe8157e8d71314432a335ae2a3e53a11d31495aab40fc88d184e8dd", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-12-10：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "084fbbae70b7ad6f08793ea758b8e6567b83634e36de2c237dc0107588490071", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-12-23：实际控制人收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cb70f9fe18929338c12712050dc28c3f6b6f31ddfc361fa4392a8b9cca9ac6db", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-01-24：风险警示相关事项继续披露。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5387a7a745f92529174ebfa7ac8692200edfc93a4ba0785f0e6906c94b39b7d", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-16：公司收到行政处罚事先告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ba421985a4a767e1c8b8c489e52337ec909524c785c26ae83ff76c572492e3d6", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-16：公司股票叠加实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec9c2609d7e5da641f8e4103c5fc6ea0387aeca1ad00a589315c75bb8374aa76", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-22：公司收到行政处罚决定书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b78ad67fca15f0e726597acf5721aa26071764697757240a7708f066ecc65125", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-29：关联方非经营性资金占用清偿。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fe2394e1fc7f710da0dfb7de047834ec879fa00804389b081ada20025a78300b", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-29：2023 年度审计报告非标事项影响已消除。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1456b541e33fef1498a182ad3a37aa7ecb24f4b548dd20c6d81a8d85a3469200", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-29：2024 年度上期非标事项在本期消除。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6ca62b29e7d04a9774690124fefa2fd0b12832b92c9a5039c52e2a7014f12b5d", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2025-04-29：申请撤销退市风险警示及部分其他风险警示，但继续被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3cd5391daae33f22fa1f607f62b337155d736df9ddc8bd2d7a93693c6e2138bf", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "98c7adafd837ce9dabea4b4c4efef10c702be055693b46bb63472ca6fe41b51f", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "落点是 `L3 单票 K 线`，但必须带 `L1 市场风覆盖`。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d9588b8621f23cc0713822becf794a7c5e94acd50119b8610db6a55f1934d7a5", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "这条线的市场输出不是“立案后公司变好”，而是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea2e3fa6b3b6dbfb2f0bd898d8a579b22b76a97455f63842fe55e3e0f55f5866", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "`监管利空叶子 + 924 后高层市场风 + 低价风险股重估 + 处罚落地/非标消除/资金占用清偿/部分撤销风险警示期权`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "71ea38c5c3eeafc8e582622c386712e26b3a3f921e065ac3438184e40777716b", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-09-13 到 2024-12-31：约 `+87.69%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3a500186e69084d7153bfdc1ac5563925025cbda85134b1f351da306e363f6d8", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 2024-09-13 到 2025-03-31：约 `+73.33%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3df7ecf30407909d2b28b6c71f0b6d051ad0ae9b8a6b84cbaf8f3818dedf116d", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a649e630008349b9de1ca5da6e8eed66dbabf767a2df5750dd8dd383d0cd1d6c", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "这条故事 V0 成立，但它是带高层风覆盖的故事，不是干净公司级暗线。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0a288748823ba03b8356b14c8d87e44b6d901c8f013d4555fec35e5bbaa7a865", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 真利空后股价反涨，不能直接说利空失效，要先查是否有 L1/L2 大风覆盖。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a2a0e92a55612871342bc6e1647efad99116442b8fe57b5f6e4e31cbc206f62", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 监管风险类事件要区分“新增不确定性”和“风险逐步落地可清除”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5838e86dd830d5b05aaba584b5d5e2479a42c1f01a3038b02eeee7728fc019c2", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 如果处罚、资金占用清偿、非标事项消除、撤销风险警示申请逐步出现，市场可能交易的是风险清除期权。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f19249094efe6ba92221502057845f17603e85d9418585c8d3e74f1bd7f1de0c", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "- 高层大风附近的 L3 案例，不能单独拿 L3 事件解释全部 K 线。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0264cd344c5b9fb4ed9ea6414cec660a2f764d50710474a6feadff905889551f", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0062_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0062", "raw_excerpt": "`mirror/data/result/darkline_hvstory360_to_367_300020_csrc_risk_clearance_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0f8db1433ec863aa032dc1c497a7a3da5a19ed57aef3fddd9f374cf2bcacc088", "source_reasoning_step_id": "DLCASE_LEGACY_0062_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "## 案例：600525.SH 长园科技治理权、控制权风险和风险落地重定价", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ab3d36085beeb80b33dcfc66031debc33266075d8472f767dd2e7c3500b4b8e5", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d37f978255eb6463e4efa3d0cad6ad25d528cf56f19438973cc9961b9df998d4", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "最开始看到的是 `2025-12-27 收到中国证券监督管理委员会立案告知书`。表面读法很简单：监管立案是利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bfcd9a995e1f1b13c1bb85871a3cc5260d5f9a743f357069cef9464f1178460d", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "但 K 线不是这么走的：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3c851804c1d4f1b615141823810c433c4b7702ac580cf741caa105065347f70f", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-12-27 到 2026-03-31：约 `+52.35%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8e65afb036822b25df0a1d69827a12719838ccbb3294d9a950b4eebb47b531e8", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-11-25 到 2026-03-31：约 `+46.28%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b50d51d110fe0d6a31e3d09d3871e04fbdfd6623b5e25cd4f56c2455057d94ff", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "这就必须继续问：为什么真利空没有把股价压下去？", "evidence_type": "WHY_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c9780a2a6ee71bed7d2e968f5752298502e9dec4a1e07cc410897b3840e60c48", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bdd6192d386ce5113d82af80429422506df60ef14da03881af7aca85da741e1a", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 董事长辞任。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7d7ff70a273bdc52046d9171393a48b7a1d5175da91ce0c0a091825687d6537a", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 董事长被留置。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c65c1d84deba58c9607595b53c47f10d5a60fca99ade5808e92ecc6c0e00cab1", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 证监会立案。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "727cc06f32f923cc9c58309a640721393251f96d204290f0936580e0d98c9630", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 股东股份司法冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df006faa91781bbc0c9b4fbb495f04ec85ad939f233d768ad64c5f9f3d098bb2", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 股票被实施其他风险警示的进展。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bf9045496a17997db10a785abff01dda21817b30479d8254b24e2c78f1c33a12", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "这些都不是普通利好。它们说明公司治理和控制权风险是真实存在的。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "622c59ede9a691ed249300034e510f010e867923dcb529d2f0c9c836a9f2318b", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "efc549e3667d0852a9f3cfb3d6160101b67bcd25bb09c21f361b86e8b48bbb6f", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "反推出来的 A 不是“监管立案利好”，而是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48115cd1f080cb1c815066feb160fbc2d2208e6323856b4f08ac7023d042e237", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "`公司治理权和控制权结构正在被重估，旧风险逐步暴露并落地，市场交易的是治理修复、控制权变化和风险落地可选性。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fddbff88d73f6fe570c7373442ba00972997d65fac4f4a387133b0a5609c15a0", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "也就是说，市场不是奖励立案，而是在交易一个更复杂的东西：公司治理结构被外部力量推动重写，风险从模糊变得可确认，同时出现融资支持、管理层补位和经营预期节点。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1866c63b4fe71042678e61b7c1cc96e462e55587089bb99138ece7aeb077b75d", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### M：前段铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "62ee812de2d9c717478fbeae7bb69d133a241672587aefe355116b4b7ef78c8e", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "如果这个暗线成立，立案前应该已经有治理和控制权变化的铺垫。实际出现了：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b072a1a7ab4410240af5866e362c9b9ef03a17520195d25e9fe36929b38e677f", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-09-13：董事长辞任。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "861b46c60d4d181e49f80b76b09794ddefda38f861e023294827217030152462", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-09-16：珠海格力金融投资管理有限公司公开征集投票权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e8f1a116dcc4fd12c12f1167383667cb6002c3e333f79af31b2802f762c81a5", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-09-18：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "830c7554fceb34c2e300965d2cef5c3f790d67e18a3b588cd980424e19bb75f9", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-11-13：取消监事会，修订公司章程和治理制度。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f7a70438378678179b4beea14c3e2a32f608b1baef1c247d3fd4190619716ad8", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-11-25：董事长被实施留置。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f8fd702ecd7eee0dc7b72d0d7d9618819ead530840e6ce651dd2a912d226aee5", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-11-28：收到中证中小投资者服务中心股东质询建议函。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "48e5b68ec62d62d59decc72af64a31ce74dda4064df0e067f61f1cc506004459", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "这些节点说明，12 月底的立案不是孤立事件，前面已经有治理权和控制权压力在累积。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4afb28b09e96199877ecfb8ca6fde20eb801bb0efd34686e81314f22d135608e", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e4423d00df082bd7e87e708925ae2482e6e6612735a0eca70df6967f8c31559d", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "如果 A 成立，后面应该继续看到风险落地、融资支持、管理层补位或经营锚。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0af90345da7e78d2e0c3f5cb757650a9a8ff3a8fbc3ff06008b2ea17c9bb29b1", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-12-19：向银行申请授信并提供担保。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "90774ab0ee8f1ea61faaf575ee4b65681e9bd547113a0d57439dc2eb2a751310", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-12-27：收到证监会立案告知书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1462ad71e4e0d0fbdf15ca40d6478ce705b4e0f6ae3e31c29f33419f26cfcb7b", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-12-31：股东所持股份被司法冻结。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68f45024bfcde802154b8a197217db7cbfcb8a472fd03e56f2ead518d4155620", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2025-12-31：股票被实施其他风险警示相关事项进展。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "255ac709053a4328d9bf33289e180d647eec4d6fc665be91f22fe08b11977d13", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2026-01-17：2025 年年度业绩预告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bafe23fb511841829dd40937064cfc61ea246d29d2141405202363ef2ff142b9", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2026-01-28：聘任公司副总裁。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1d8ced64233cb3576cca6d8550dec28b50e939520ef8dc60a44be9637d56a804", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 2026-01-31、2026-02-28：风险警示进展继续披露。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4c9d1198c9a6c9e27926a93401d1b9e0b53d6012d306ca29af9706e941b1bd4c", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e39ae16cab858af2ad7503157029f52994d0c9fad2f9ae643897fdc3639cfe4c", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "落点是 `L3 单票 K 线`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f88f5ecf997ebc1e9b6ef918845da3207668cb3df14089185e0e250d30b15e07", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "这条故事的市场输出不是：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4190c4417ff59f66172976eb2198a55e6859fc4b8f3b85a3875b409d7f44d5de", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "`证监会立案后公司变好`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b1f2f9395347df403751c6ca02c8788f9c4defc4fdafa002a0e3f196262b3ff7", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "`监管风险叶子 + 治理权/控制权重定价 + 风险落地可选性 + 融资和经营锚`", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c47f2f93178f25fada95d38c5206fd3d418c8bb7f87ea5e9b0f984424c300221", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2680c8373807b026505e6a23e0993ab498371a0dfb5ad5c9989240ba514aa2b2", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "这条故事 V0 成立，但它是冲突型故事，不是干净正向故事。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "be71f3a412fa0f6b74fc450c6e4cd6f7044916fc86e3d87a22d51f319fedcc68", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 真利空后上涨，不能直接说利空失效，要问有没有更上层的治理权、控制权或风险落地逻辑。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a588d913fd0b625e58dbbd1d57070f4699c1500578374afb0ec664abba999b68", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 单个监管公告不一定是根因，可能只是治理变化树上的一个节点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c8e37ca92c06277d6eed2898210b308984a779455afd68536facc8eacb77d1d3", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 如果立案前已经有董事长辞任、投票权征集、治理制度重写、董事长留置等节点，后面又有授信、业绩预告、管理层补位，就不能只按单个立案公告读。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "68f21da88b7fcbb568ab6a6a5f963bced173dd85439380a9b85669190b984db0", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0047", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "- 这类故事要重点追问“谁在推动治理结构变化，谁受益，风险落地后谁获得重定价空间”。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3729ca44dfe25b6628bb305e2e69347f3aadc14c8dc9942cb771dc6d2cf98312", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0047", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0063_EVID_0048", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0063", "raw_excerpt": "`mirror/data/result/darkline_hvstory368_to_375_600525_governance_control_risk_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89682972fc187ec2b953fd3143b28286f0d12e5ee999413d9b1a4b458398842c", "source_reasoning_step_id": "DLCASE_LEGACY_0063_STEP_0048", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "## 案例：000609.SZ 中迪投资诉讼叶子、控制权变更期权和确认后兑现", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "bc31c8e1f98463964818a23a50364013553a48fcc082fcbb0fbf03489b2289df", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e60a09b4adc4404e919cd021b85a704221266d757944b0dbc430bb0ffd7a7808", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "最开始看到的是 `2025-10-21 对外担保涉及诉讼事项进展公告`。表面读法是诉讼/担保风险，偏利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6262e25cd5193f003c3bb141a3e4f59360bb2cb995a2d423ed8a66b9fddebd46", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "但 K 线不是这么走的：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3ae9c192ded83a75507dc01a7ddc5e78dec18bdb1c90dcf6f28888325355d7af", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-10-21 到 2025-12-31：约 `+81.63%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a92581257e7907ec48cbbc90a50d0fdb66f0707aa36a7b5c9f0ae2c0beea586e", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-10-21 到 2026-03-31：约 `+77.96%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e697da6ed5c560f3e644f261ad7ad2821ae5e3fff085e7b2af09161ad0f14717", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "继续往前看，2025-08-21 到 2025-11-10 已经涨了约 `+166.76%`。也就是说，市场真正交易的东西很可能在 10 月 21 日之前已经开始了。", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a080c3b495edd07b7e6390da3a38175860d41949c393d93fc7de8896365751d3", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0375de6eefc15ff4dca49aa62ab1fe30b2a545c175dffc96a01c611ea46a3242", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 对外担保涉及诉讼。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "73ebdbd6b413e57b688112b97bbe93f73760b7386dc00f4ee0c0ec9cf3cc3582", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 对外担保诉讼进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dc28db45679d905fa2a420fc53dd55b242cd4bd8ac6461e03d121dcfbd7367c8", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 业绩预告和可能叠加退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4a4af92dcb150a8a1d667f509feef10fc9b8c7513ba016942241ebd3491ab853", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 后续仍有诉讼和参股公司股票司法拍卖。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "205563f0d46fb02a3fcdf22b77b242ed62398ec2ec2fefca4cf29e5274475fb5", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "这些都不是干净利好。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f3a231315325724dd73f52b66ee5c62e3cffe1db73fb49b8a30e1e7462aeee60", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2b05f940e19e856d7cdd2b1a5dd31608b76b3445669968b7c6380fd5d58d53f3", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "反推出来的 A 是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3f3a7a06e3124e445a97e9e4538fb3e66d24c0f901fcf492c972c0b71847a1ae", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "`市场在提前交易控股股东股份司法拍卖带来的控制权变更期权。`", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f62ae083904ed40229c32bd88e8048fb39b9dc1ba105748fc92ce4334f4c7144", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "也就是说，诉讼只是同时存在的风险叶子；真正让股价异动的是控制权可能变化，旧控股结构可能被替换，新控股方后续可能带来财务支持或重估。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5b8ccca5dc0f73401ecd1d8a469dfe26139ec061da416b7c4cbc8644aadd3fc4", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### M：前段铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f41a4e138f159546e3e9a8cbf90f0b2f41a5f8bf4c5a059951f3515ef12ff6bb", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "如果 A 成立，公告前应该看到控制权变化的铺垫。实际出现：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "516fc39f389527d3b2c6a2cf93189656c06709f61a53bcdd392358887b362647", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-04-23：申请撤销股票退市风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a52d389a752a84c3d3d70ef8d13fc4ae036e23c1571e4c133723f8c80775a3ef", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-06-10：股票撤销退市风险警示并继续被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04c4afed79ae4d74ccd343e5e56d2ba3d073fa6fffb887d9cca41255cdc46a31", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-08-21：控股股东所持股份将被司法拍卖。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e6147b927cd9e9e12c5b9d865a59554f457df1f3a314a08480614fa1cc8c88f", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-09-26：控股股东所持股份被司法拍卖进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b03690d91f7aca7ecf867fab35f300d27512b98a4d8a70603c47e0791e192f5b", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-10-10：控股股东所持股份将被第二次司法拍卖。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc8a723d0882c90cbc38c24a46a4868bf95003ecf449c361b8c81142611b53bb", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-10-18：控股股东所持股份被第二次司法拍卖进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f7cf6892233b099012c68aca68831bca365cbe613617004cb216c6ce2a0bb7c", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "这些节点比 `2025-10-21` 的诉讼进展更接近行情根因。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c9a5b091bb5a39e82c76edd552a898201006383a2f871196e9e48d1d80a7d408", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06dc4f25c303b7affa9450850f75512d8a9d077546029192cad2dc3f88a2bd28", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "如果 A 成立，后面应该看到控制权变更真正落地，以及新控股方的后续动作。实际出现：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c4698379ab832048f31de229220a445bff9936167f0459badf0edc75ea2526b8", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-10-21：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e230fbee26cbb5ae2487536d896cd7e8cd137cfb697fc2f7f20641d9c90830e9", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-11-03：股票交易严重异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9b4c40be3eade5b7aaa34d7cb8d35b5726631dfd93156991908a848856d37170", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-11-11：控股股东所持股份司法拍卖过户完成暨控制权变更。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2be483c43d403427da93281ce6ddf5a5c86d5f7ee9f1b5abd1b65eb29342c87", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2026-02-10：接受控股股东财务资助。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8f63aadab2f9a71a83ee3d92eaf793d0738a44a8167219193b5157b49d1cc4ae", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2026-01-30：可能被叠加实施退市风险警示及其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "abe182a570d514c8197ef1f30f7405f1a36a1ce32544747cbb8ea2787b66684c", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2026-01-30：2025 年度业绩预告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a80022fae42aba163ed98d32b50bf2774d83811f4009bd18e22abf8f65213e26", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "说明这不是干净重生，而是控制权期权和风险残留并存。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5265a6606e85737a7a3412199f3dd2b9bda39d31a1538766a76e53cee04a2fc5", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "80a8c19c1382d09e008835f2e1161ad6ff43ed4bb7a9f12ddf372e01188612a6", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "落点是 `L3 单票 K 线`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3ab54646b848fc66e6b9305a71db3c7c7f04258330dc4acf03eea884e0727a26", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "市场输出最关键的一点是：正式控制权变更公告前涨幅巨大，公告后反而走弱。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "948e8b42b75f36d8909e3aa79a722ef08a518f37f4f049358115b2829164a21b", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-08-21 到 2025-11-10：约 `+166.76%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a498b8c0e515c4f737bdcdfdd8f9173a8cf324f0c3bb4ebf45047a3218c51259", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0040", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 2025-11-11 到 2026-03-31：约 `-14.51%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8c4bcf201dd3ace64ade5b12c458215023aff3afd49fba42260f22b1f0a37c53", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0040", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0041", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "40a31e43aa6c6006205a1e406a59d819d367c507ade417f3376a13a32e7d637b", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0041", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0042", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "这条故事 V0 成立，是“新闻迟来确认 + 控制权期权兑现”的典型。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "317fedec39dd228abf45cd66521eb06b6158662f9ff01987a6854f7432f5811f", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0042", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0043", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 表面诉讼利空后上涨，不代表诉讼利好，要继续往前追更早的控制权/重整/资产期权节点。", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "dfa79983ca2da5790e8f2bdb35341cfd44c2acb07752b85c7fea9d39afa0a9b4", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0043", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0044", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 如果公告前已经大涨，公告可能不是起点，而是确认和兑现点。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "07a5f8023f6337d51886a2609b1e440b6dacb08f9d8256c58d052908133b5a85", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0044", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0045", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "- 控制权变更类故事要重点分清：预期阶段、落地阶段、兑现阶段。落地后不继续涨，不一定是暗线错了，可能是前面已经交易完了。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e0b29f8db19c27cce12150ed1f842e21a7f2eacafaad1c3d3cdc834de100245d", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0045", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0064_EVID_0046", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0064", "raw_excerpt": "`mirror/data/result/darkline_hvstory376_to_383_000609_control_change_litigation_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "682e48fe5ce4435c77c3043ff465cbb2b091f96ba2227e773c84833bbdeb7c71", "source_reasoning_step_id": "DLCASE_LEGACY_0064_STEP_0046", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "## 案例：688109.SH 品茗科技差异化分红叶子、控制权变更重定价和完成后消化", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "12546269b6e56e98deceb361d353893a7c005ff21acb6d908163f58d32216045", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "520edcfb5500c2e10a6f3dba444e2cd4e32f9bf173a236afde735bcbec4d618e", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "最开始看到的是 `2025-09-17 差异化分红事项法律意见书`。这个表面新闻不是生产力增强，也不是大订单，不足以解释后续大涨。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f67bcb9852415a143815bfe1b2c2ca6460601460de216cea01afbd9d5980372a", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "但 K 线很强：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5f0306dd5a1b3eb7e3194780310ca7bf2ad5970ce474af418ef7ff89d944a97d", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-17 到 2025-12-31：约 `+158.96%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7e720fa96e9d1cb11721ac63d86c547ef3e708050461d58606062f36c2eed3ca", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-17 到 2026-03-31：约 `+165.20%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "79a0ae3bb7c9c81cb9aa425d7e9fca989b7ae13ce209fa43aa5857bd2f78d4f9", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6bdfce659306e04839f414edacaf358f80144be8ec7414c813dd2d99accd9f80", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "表层叶子是差异化分红法律意见书。它更像公司治理/分红安排的技术性文件，不是行情根因。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "32061641b158a59a3b6209279b10bc3513059d9a5ade2f077163ff9b2e0627d4", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1f03cf9121f2c11c24add3c4c824026acea9c3dfe4d8b118a8a2f37209fb40c4", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "反推出来的 A 是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c784d12081fd9151ae2446c2d521ba5fbf2e2a354e38e12fde4f7bd897d896a3", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "`市场交易的不是差异化分红，而是控制权变更和协议转让带来的公司重定价。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "89e0bf553ac7a8c6d512cda3ca1406ae47e967c6c67e8c642963fdb83973504c", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### M：前段铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1b8872cae71150d60c33da850c34db3f29e3750702bd1b12c187df5b913d13d7", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "如果 A 成立，应该看到控制权变化的铺垫。实际出现：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "addff1040edc0e0ec7eb466d4d9ad8fd9930d2c959aac6c88a6efd5ab1cdeadc", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-07-17：半年度业绩预告自愿披露。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46a74eac1c35d160dd926fc3b7ed7aec12a4691bf384f4807c78996070907e07", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-08-13：董事减持股份计划。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "df7c573454f640af9d8390bca1dfa8f6820bf9798e9f53c41e6d39a7d7d06abd", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-17：差异化分红法律意见书。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2fd544b811517c9bdff9dd19af4750c55ba7f39e7e2170982614f4a87cc8050a", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "这些还不足以形成根因，但它们提供了治理和股东行为背景。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ae25272894a2d1425e5567a4142c462763a83f7a44ab272add535838d87933e4", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5163e8c455e2bd55c9d6f630e9fb1e8c9c8841e55b1d300863add0b99051790c", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "真正关键节点发生在 9 月 18 日之后：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ec24361b7349d1436e9d87c6c5f36c70baab1099d67c77a431e983fb58af6253", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-18：筹划控制权变更事项停牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "cd89a2488c416fe727e3710c1221df3075e3a7d26d993b6690da132b004c7f62", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-20：筹划控制权变更进展暨继续停牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a506b080ae7c6421639bba3785a84e2c924ba6e2a8e357a91770c31eff17d994", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-25：终止筹划控制权变更事项暨复牌。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d6d5e173b8379d7ec645b04e8443ce81b8e726b8cb4365434dcec967be16c10b", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-25：控股股东、实际控制人及部分股东协议转让股份暨权益变动提示。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "e7ca5c6e7db4694cf8f89f4908acb13f2fc13000f8b2d045616c1b2d9e28d92b", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-27：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1ce6a6359750181028120df5f9ca557b739f92ecdf386b22c46c967cb9e18dea", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-10-01：股票交易异常波动暨严重异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7a0b153a6322696b2543deddbaadef0fc64a27bb146c30fe2c393706eb7855b4", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-12-27：协议转让股份过户完成。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8bbf15cbb76a6f1be50471c585d21607cff6aeb05152b2aa9d8f9df3541d77dd", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "61a4ae5e102e0e6b5c959008e6c2915b573e8a120cf1f318f5b1725b70ca1e8e", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "落点是 `L3 单票 K 线`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "99a75019277121efd179f7793f9114bf2e2af8b4709f076c9176ad5cefb25fc8", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "市场输出的关键点：", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7823a29875c757358b9cb474108df6ed5b5f1bbdf99ea26e7291ab33fdb49eb5", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-09-17 到 2025-12-31：约 `+158.96%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "35a0a8aba44f93b128d89b51a1283e201d3dad1500126dee70d443f3beb90b67", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 2025-12-27 到 2026-03-31：约 `-3.00%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0ed8171b2da1210ea235c6cb15f76a5d81a91c98a42ee58b651600fd456cab87", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "说明控制权变更预期阶段已经完成大部分重定价，过户完成后没有继续明显扩张。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "584f452b40490427abb8083df9a6a6ca6c4a04a123083bfdbbc64fd97183b829", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4908375fa0c9ffaf7c16bb4f9f663dbf0ed7a4f402bb9e9f8e8392444d5ca5a1", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "这条故事 V0 成立。它不是“分红法律意见书利好”，而是“分红叶子后面接上控制权变更路径”。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ef74bcf52de0d8a8743396b46c4741e120ea6f4cc5b1e18b864a673033404732", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 表面新闻如果不是生产力增强，却出现强涨，要继续追它后面是否接上控制权、资产、重组、强客户或高层风。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "28c7fbab10775dbbddd84c56c9aa80d2feccadb69c03b1e084683c41061910fe", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 控制权故事要拆成预期阶段、路径确认阶段、完成阶段。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "88b5e0574f0d87dca94377154450d58f363822847f1e4f4a0bcc5497df957a4b", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "- 完成公告后不继续涨，不代表暗线错了，可能是预期已经在前面交易完。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db42c9c8a68adf0977db5db2691cd7ac440756e7d57bac6fa6e4f8714f44d6e0", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0065_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0065", "raw_excerpt": "`mirror/data/result/darkline_hvstory384_to_391_688109_control_change_dividend_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f023e70044703b2affe744eaeb9f6bf56f5a61971e09d0cdbd0c53dd2c3d1424", "source_reasoning_step_id": "DLCASE_LEGACY_0065_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "## 案例：000711.SZ 京蓝科技业绩预亏叶子、ST修复和钒资产期权", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5d82e860b6069fd4ac9c2d8bcafed81470a73b9906be4ffd84e30943b96bd796", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### 起点", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fc13666824b4a160bca14bb7f0eea19da378cfa2b13af7bdb0d2660f0578bdd5", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "最开始看到的是 `2026-01-31 2025年度业绩预告`。表面读法是业绩预亏，偏利空。", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "52fa15c81c9e8fe82bbf9a5c53abf867bb30a94c308902b6d0c5334f97c8eb0b", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0004", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "但 K 线不是这么走的：", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f99c3144b11270154166a5db3b324af62a50188236a6b8b9d729f1c76e5da021", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0004", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0005", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-01-31 到 2026-03-31：约 `+66.37%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "762a335c4c95c798b657cdee5c3de7db4752932254412d3b7fbb726bf32ea581", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0005", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0006", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2025-12-24 到 2026-03-31：约 `+114.45%`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "af9fc06471f1651495b20b3ba7ea6849518e1ec9d243395de0ad1b728126eeef", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0006", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0007", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### B/C：表面的叶子", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6a94b28a25dab1b004ed26cb0b259ed8855b3c7f659f5b64f1faac6fceda687a", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0007", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0008", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 年度业绩预告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b5a581df81b79b3cebef3373a5e8c3f222b059cbd22ba8019627b9d93558c463", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0008", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0009", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 控股股东质押。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a93b266e215a73f4c7145fb17ff6653065f8977b0c3a285d10436d46dcff0db1", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0009", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0010", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 控股股东收到行政监管措施。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "12c9a355dfc55a6af98c0446709f60fab02572962e1a7748d6abf1df791a1296", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0010", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0011", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 持股 5% 以上股东司法拍卖。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d5050496ab746957926c747acaf892c7c97bfd71839edb58f9b7914ec5d8a4c", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0011", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0012", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "这些不是干净利好。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "981b877710304baf76a5a59b767b7191e0c37b2ddb8746fa2ec965afb90d5ceb", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0012", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0013", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### A：反推暗线意图", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5622ed97d2da2b8e7291b6e381ca5e5e320f42713e2300c99ae34e0961087438", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0013", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0014", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "反推出来的 A 是：", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ea4cb83c46ebc8d6e60008aab7312c051de3d8bafa0a8d021cac2ae124c88e5f", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0014", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0015", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "`市场交易的不是业绩预亏，而是 ST 风险修复、重整执行延续和钒资源资产收购带来的重估期权。`", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7900605ca393cebb1c76fad9d04efc47ab4c3b52ccc952e41d0b5cb089d532ae", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0015", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0016", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### M：前段铺垫", "evidence_type": "PRIOR_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "06a2343b4dad7bfac1a01cda0215ab50d80b2db3de96ba505e161153ae47cdfc", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0016", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0017", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "如果 A 成立，业绩预亏前应该已经出现修复和资产期权节点。实际出现：", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "087539d0451eb876dec9998a229ebf62828d7475035f878ac679c85b03b2f7fa", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0017", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0018", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2025-09-05：撤销退市风险警示及部分其他风险警示，继续被实施其他风险警示。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b255f151fd5412d1aeeee98a2a346ad230d30391fd5a157e8fb94097df224775", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0018", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0019", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2025-12-18：2024 年度业绩补偿款支付进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "175ca5c5365b4c66b72df9b4bbfe0720eed0efb7c034de95d79fafcc1df521c8", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0019", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0020", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2025-12-24：拟收购 NORTH WEST VANADIUM 51% 股权并签署收购协议。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "437b98c19d3501ac939f819ca8579457f1b015a8eaf40071a98df3678b2a2487", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0020", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0021", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2025-12-26：重整计划执行后续进展。", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "97c4c4a9f5be9bfb63d03721307ac395396316ee064908cfb0576594ed672743", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0021", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0022", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### N/L：后续验证节点", "evidence_type": "FOLLOWUP_NODE_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "084aa59a261bf6cc35e0219509414b626774de3fef86cf7947bfafe6ed817a47", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0022", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0023", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "如果 A 成立，后面应该看到市场显影和风险覆盖同时存在。实际出现：", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "46f72ed44624c1a1f501b178ca2bd23792e61f44129e6201bb840ea3f9a3501a", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0023", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0024", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-01-28：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "03deaa6f8e80f53da6056b491e60fa654a7eb4c88bfdeda21bd039389f4eafaa", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0024", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0025", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-01-31：年度业绩预告。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "636eeceb20bf8534eed64f6d5d3c3bddd2afe4516c3895179308ca73b4731ffc", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0025", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0026", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-02-02、02-05：股票交易异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9186c9c33db7d96ca14562968ebb275f023ace93e28f73cfb8fe62a172bcb79c", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0026", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0027", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-02-06：持股 5% 以上股东所持股份被司法拍卖进展。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9bf7a0746d8c364b88aa9a29b9e7f0326876f840a75cbda9ee2daee7ff8d87d1", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0027", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0028", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-02-10：股票交易异常波动暨严重异常波动。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5063b8d3b13781e9b2731a963fb9ba2c82ab51ceb19b56cd3c3ffc71978ec776", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0028", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0029", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 2026-02-27：股票交易异常波动暨停牌核查。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "30a255f47edff813cb88df3f498bfa998e7c79275d272cbc74a96a858adebde6", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0029", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0030", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### 市场输出", "evidence_type": "MARKET_MANIFESTATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "fd5db6dad46e834c8bb41a24fa56b8bfc68af2595894f03171887c6c1308e4a8", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0030", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0031", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "落点是 `L3 单票 K 线`。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87ac72c4b8fe78c9078f22e029a9bc79bdfbe72d6f62ce64dbf0dce62aab6c82", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0031", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0032", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "`业绩预亏利好`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9be092e810661151a14dc918e544d330cde5f5578a034a6a4b779eaee9b6fa86", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0032", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0033", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "`ST 修复 + 重整执行 + 钒资产收购期权 + 风险覆盖`", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c245b442854068bbb0c64ec070d2f15db2a2e420fcbab82a1b992a4288521912", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0033", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0034", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "### 总结", "evidence_type": "SUMMARY_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "64c9d9de929ffe4756c9118fadc290f844b1308e228dd9c666c3d173939b4067", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0034", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0035", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "这条故事 V0 成立，但它比控制权变更故事更脏，因为正向资产期权和负向股东/监管风险同时存在。", "evidence_type": "ALTERNATIVE_EXPLANATION_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ebae0a96713c2ef30f67646a0b0257e656d6c9950d8772cd58f2cd33039120a5", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0035", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0036", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 业绩预亏后反涨，不代表业绩预亏利好，要往前查是否已有资产、重整、控制权、ST 修复节点。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d37740e991a2b9f741bde28aed943cee7988fb90f38367d8e10af07dda9431f6", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0036", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0037", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 资源资产收购类故事要区分“资产期权”与“实际盈利兑现”，当前只能读成期权。", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5879f820221559c688f366acc10d07ae0f7694a6e53e00d321dcc10792ce38a0", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0037", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0038", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "- 风险覆盖重的故事可以讲，但不能按干净正向暗线读。", "evidence_type": "INTENTION_REASONING", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4dfcf51f29676d1c2779dd251fa4fcea472deb9be6dd34306ef1a05a3308ba5f", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0038", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0066_EVID_0039", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0066", "raw_excerpt": "`mirror/data/result/darkline_hvstory392_to_399_000711_vanadium_restructuring_risk_v0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "114885f5f323742d2fcdc158eb81be45033ed28175eab30cce88c5cf7408d6fb", "source_reasoning_step_id": "DLCASE_LEGACY_0066_STEP_0039", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0067_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0067", "raw_excerpt": "## 案例：000656.SZ 金科股份，诉讼叶子背后的重整修复枝干", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a423a47005352959976cb47063250302c39898969af6938f0b3a2b8ff366127f", "source_reasoning_step_id": "DLCASE_LEGACY_0067_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0067_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0067", "raw_excerpt": "# 000656.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e19e08e0acfac6e5ea5bb95fec9e8a98b2a86e635ef3cb31ad9d1dcd8b3b5cc", "source_reasoning_step_id": "DLCASE_LEGACY_0067_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0067_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0067", "raw_excerpt": "Run: `FJ-HVSTORY400-407_000656_RESTRUCTURING_LITIGATION_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9342200147b4f68f6852943c8e16bafb5662039175878445db7478bee049e55a", "source_reasoning_step_id": "DLCASE_LEGACY_0067_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0068_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0068", "raw_excerpt": "## 案例：300506.SZ 名家汇，诉讼叶子背后的重整控制权枝干", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "31c3ee244732e7da1d3ac1af5b5d90afb4a57b28299bcf26efd42f3c9df3ab84", "source_reasoning_step_id": "DLCASE_LEGACY_0068_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0068_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0068", "raw_excerpt": "# 300506.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1c4b425e6ffbb0135b7c00eec3841ab83d9a594f66f9e43d94634f848493df78", "source_reasoning_step_id": "DLCASE_LEGACY_0068_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0068_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0068", "raw_excerpt": "Run: `FJ-HVSTORY408-415_300506_RESTRUCTURING_CONTROL_CHANGE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "416f39b00b1aedf699a491430675576a6db87ae328c3fea6d9a760b9fa61a43f", "source_reasoning_step_id": "DLCASE_LEGACY_0068_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0069_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0069", "raw_excerpt": "## 案例：603843.SH 正平股份，诉讼叶子背后的债务豁免和采矿许可证枝干", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "85c354fa04805a816c1529c869923a3c72100403475c43beb4899ce0214a816c", "source_reasoning_step_id": "DLCASE_LEGACY_0069_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0069_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0069", "raw_excerpt": "# 603843.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "87567f170530bb7c464d564e0d8870743b30581575d10d99ba16503c8dcb3e90", "source_reasoning_step_id": "DLCASE_LEGACY_0069_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0069_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0069", "raw_excerpt": "Run: `FJ-HVSTORY416-423_603843_DEBT_WAIVER_MINING_LICENSE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7c721cc172f4b15638a7f60632de2193167a84f6f67fc212df444b71ff48a59e", "source_reasoning_step_id": "DLCASE_LEGACY_0069_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0070_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0070", "raw_excerpt": "## 自动批量案例：688646.SH / 逸飞激光关于第二期以集中竞价交易方式回购公司股份的进展公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "86ab3fcce86cf85b3967b4f69c6c9d45a2fb6029e9dd96918697d5c69ea1eb9d", "source_reasoning_step_id": "DLCASE_LEGACY_0070_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0070_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0070", "raw_excerpt": "# 688646.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a1fb8c1ab59601f44193c9bb41eb669d8be94717d5b149deea93a39f6bac15cc", "source_reasoning_step_id": "DLCASE_LEGACY_0070_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0071_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0071", "raw_excerpt": "# 688282.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "da0510cd97974cfec1a04075b05ba9ed3625a1f960645d022f9c856aa4eeba93", "source_reasoning_step_id": "DLCASE_LEGACY_0071_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0071_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0071", "raw_excerpt": "Run: `FJ-HVSTORY432-439_688282_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3e9ba187f5d24a54272d671427e9ed747e512a41c0d8f189f1ca2e37142b3b8e", "source_reasoning_step_id": "DLCASE_LEGACY_0071_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0072_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0072", "raw_excerpt": "# 300301.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d7b55502f960347e712b959628b9459abdc0c109c7b17b86e455f0faa582c76", "source_reasoning_step_id": "DLCASE_LEGACY_0072_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0072_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0072", "raw_excerpt": "Run: `FJ-HVSTORY440-447_300301_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c2b06f5f0ba4063ba4fa8c852d40e7fe681c8481d948fe82c1e506ca1e58398b", "source_reasoning_step_id": "DLCASE_LEGACY_0072_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0073_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0073", "raw_excerpt": "## 自动批量案例：003004.SZ / 关于声迅转债预计触发转股价格向下修正条件的提示性公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "db0b4f5cab9c7ac374eae5d5a67fb1206cc699d54f4672401050e0df22b2cae0", "source_reasoning_step_id": "DLCASE_LEGACY_0073_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0073_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0073", "raw_excerpt": "Run: `FJ-HVSTORY448-455_003004_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6927ce5b13818a420591a666e602d29ef8330c52ff245c0bba9b5a9703697d6d", "source_reasoning_step_id": "DLCASE_LEGACY_0073_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0074_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0074", "raw_excerpt": "## 自动批量案例：002717.SZ / 关于累计诉讼、仲裁情况的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "783344a2f535938073fc14fa7e22f4c3ea41df378f6a117a8939d5c49372385c", "source_reasoning_step_id": "DLCASE_LEGACY_0074_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0074_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0074", "raw_excerpt": "Run: `FJ-HVSTORY456-463_002717_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "778e63cb7051114d24e01da5b12bb422e8469cd5b83fa5755d0dd0ac4ed7c181", "source_reasoning_step_id": "DLCASE_LEGACY_0074_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0075_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0075", "raw_excerpt": "## 自动批量案例：603021.SH / 山东华鹏2025年年度业绩预告", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5762eea3cad4247cfb13dcec8f979a4fa6b94de562d847caee8cf838ee6201fa", "source_reasoning_step_id": "DLCASE_LEGACY_0075_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0075_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0075", "raw_excerpt": "Run: `FJ-HVSTORY464-471_603021_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "03cfd0eb0f9641155dc981585f3a547e50ae9b0f5bd96a6f8cba7b3e139c7f44", "source_reasoning_step_id": "DLCASE_LEGACY_0075_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0076_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0076", "raw_excerpt": "## 自动批量案例：000820.SZ / 关于公司2022年股票期权激励计划部分股票期权注销完成的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c0870359d38af76a930ce20f6942f6633876c17251c5a9369640e55fe84a4ff0", "source_reasoning_step_id": "DLCASE_LEGACY_0076_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0076_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0076", "raw_excerpt": "# 000820.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "19dc7092a8e3165a2e96cc6091ebe8306f68b445a213f788d284129430962897", "source_reasoning_step_id": "DLCASE_LEGACY_0076_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0076_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0076", "raw_excerpt": "Run: `FJ-HVSTORY472-479_000820_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "575a24138e16036545f5f69fc861d034732ddba9202cb1a7328ea686841ddd24", "source_reasoning_step_id": "DLCASE_LEGACY_0076_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0077_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0077", "raw_excerpt": "## 自动批量案例：603557.SH / ST起步：关于公司累计新增诉讼、仲裁及已披露诉讼事项的进展公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "04ad0ac1fb26b681e945e1a0f85482558ed8593243eb6cf68d00a10621ad03d1", "source_reasoning_step_id": "DLCASE_LEGACY_0077_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0077_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0077", "raw_excerpt": "# 603557.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "64a73e2a86c1cdabb1b3ccef37241e34bce8a8e5ea2ff8e72860b2162ce7d7ec", "source_reasoning_step_id": "DLCASE_LEGACY_0077_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0078_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0078", "raw_excerpt": "## 自动批量案例：000534.SZ / 万泽股份2025年股权激励计划预留授予事项的法律意见书", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d50a2a90f534efbc56b9ed4fe42115e776c89c8252a99fa7331fec0c503b0f16", "source_reasoning_step_id": "DLCASE_LEGACY_0078_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0078_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0078", "raw_excerpt": "Run: `FJ-HVSTORY488-495_000534_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "5ff123ca49a28f36d48bbe3369b0e73c605814967290162e419e567641a0fde8", "source_reasoning_step_id": "DLCASE_LEGACY_0078_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0079_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0079", "raw_excerpt": "## 自动批量案例：300205.SZ / 关于累计非重大诉讼、仲裁的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f5cde456e44f195a8869527ac2b872ada09505fe91049df40bf3d5c85b7a7d69", "source_reasoning_step_id": "DLCASE_LEGACY_0079_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0079_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0079", "raw_excerpt": "Run: `FJ-HVSTORY496-503_300205_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9e2af51a1762f736117054c6e5f2f8c9142fcaa06536618f007a0ae1fa3578b0", "source_reasoning_step_id": "DLCASE_LEGACY_0079_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0080_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0080", "raw_excerpt": "## 自动批量案例：603261.SH / 泰和泰律师事务所关于成都立航科技股份有限公司2022年限制性股票激励计划部分限制性股票回购注销实施的法律意见书", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a2385b9d9d3ab9f8d006593a7ab7f60e78b909691bbf11421395d963eb945236", "source_reasoning_step_id": "DLCASE_LEGACY_0080_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0104_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0104", "raw_excerpt": "Run: `FJ-HVSTORY696-703_000004_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c3d446b688135b1798a3356c6973b2ad600beeed5c2ec738479f0b382db4818b", "source_reasoning_step_id": "DLCASE_LEGACY_0104_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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| {"evidence_id": "DLCASE_LEGACY_0124_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0124", "raw_excerpt": "# 603162.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "7fad9c2585ed505004c1ae3182394fe0a93f26615a1e82262c546c56d17dcffe", "source_reasoning_step_id": "DLCASE_LEGACY_0124_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0124_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0124", "raw_excerpt": "Run: `FJ-HVSTORY856-863_603162_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "331efb14b90263f9221ccff78134d84fd94655e48584b9489cb17a0c143345ab", "source_reasoning_step_id": "DLCASE_LEGACY_0124_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0125_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0125", "raw_excerpt": "## 自动批量案例：002581.SZ / 关于2025年股票期权激励计划授予完成的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f11ebb38ba6c78cfc65c3e81d61f3fafca87eb8b7639578697644c8daa0e90e7", "source_reasoning_step_id": "DLCASE_LEGACY_0125_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0125_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0125", "raw_excerpt": "# 002581.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1aaa687a90bc67f608ce3991f0f658291891413fdbe3c0dabc3cb4d6151716cc", "source_reasoning_step_id": "DLCASE_LEGACY_0125_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0125_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0125", "raw_excerpt": "Run: `FJ-HVSTORY864-871_002581_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "c32036a6135657441d2f852ae269bd6b9b37db5aa4f13ffa314fa11622143fd4", "source_reasoning_step_id": "DLCASE_LEGACY_0125_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0126_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0126", "raw_excerpt": "## 自动批量案例：603007.SH / 关于公司诉讼进展的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8a3220846d80253364cd62847a4c0c713f84cf8681d55570bed011e51b4c143b", "source_reasoning_step_id": "DLCASE_LEGACY_0126_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0126_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0126", "raw_excerpt": "# 603007.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "39e6ac7d445aa9580e06ea0f21e5e460aeb500308064fad6ea449fccbb3e0771", "source_reasoning_step_id": "DLCASE_LEGACY_0126_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0126_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0126", "raw_excerpt": "Run: `FJ-HVSTORY872-879_603007_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "f702703935f8dc08454258ceef9eddcf6e009238bd2c541ea343e15566dcccc2", "source_reasoning_step_id": "DLCASE_LEGACY_0126_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0127_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0127", "raw_excerpt": "## 自动批量案例：002689.SZ / 2025年度业绩预告", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "18997394f93b0a6395a26557f8145588ed047dd322ff9920229322f852340a5b", "source_reasoning_step_id": "DLCASE_LEGACY_0127_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0127_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0127", "raw_excerpt": "# 002689.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "54e91d7e17b77024725dcabdd43b2c6c4e9f83cdab8571df6667bf87caed6d70", "source_reasoning_step_id": "DLCASE_LEGACY_0127_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0127_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0127", "raw_excerpt": "Run: `FJ-HVSTORY880-887_002689_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "2d39f2443b04222d309b4653eb478013c15bf06ca320c441918b6ffebd20c240", "source_reasoning_step_id": "DLCASE_LEGACY_0127_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0128_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0128", "raw_excerpt": "## 自动批量案例：300029.SZ / 2025年度业绩预告", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "01404ecdbfe1655347de83e792b7da8768946e2c02a25a2604db47e521e941a7", "source_reasoning_step_id": "DLCASE_LEGACY_0128_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0128_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0128", "raw_excerpt": "# 300029.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "38d721298b21a6fc0886f6a897e03e8429b66fe59559332e0bb59ec478d3a844", "source_reasoning_step_id": "DLCASE_LEGACY_0128_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0128_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0128", "raw_excerpt": "Run: `FJ-HVSTORY888-895_300029_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "a9f7407eaeba9700e941a362f467dc7f846f67ddd6dc360625041445e404d52b", "source_reasoning_step_id": "DLCASE_LEGACY_0128_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0129_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0129", "raw_excerpt": "## 自动批量案例：603869.SH / 新智认知数字科技股份有限公司关于公司收到中国证监会立案告知书的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "41d33b9476ff2e2db7a443caa9d24ba3f33c9f0f0cea9cf8feb4ce0dc89709ef", "source_reasoning_step_id": "DLCASE_LEGACY_0129_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0129_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0129", "raw_excerpt": "# 603869.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "4844283ddece26f81a733cecbf14839dba7e72349a3ba0c4da40c2085bf11557", "source_reasoning_step_id": "DLCASE_LEGACY_0129_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0129_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0129", "raw_excerpt": "Run: `FJ-HVSTORY896-903_603869_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0663aaf0e959dcbfb07e98fb5e0f3d5b0de68922a7bf55f1104526ed8ca49d48", "source_reasoning_step_id": "DLCASE_LEGACY_0129_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0130_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0130", "raw_excerpt": "## 自动批量案例：002898.SZ / 2025年度业绩预告", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "b81e68ccfec5f89d0996e62b1b2ae8e9dfcad3d5a4186aea7b5d1237f85b651b", "source_reasoning_step_id": "DLCASE_LEGACY_0130_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0130_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0130", "raw_excerpt": "# 002898.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "31920caee99332a21cce79a8e5dfd5f9b0f359ce7d9e1b4b45170660f2a45b76", "source_reasoning_step_id": "DLCASE_LEGACY_0130_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0130_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0130", "raw_excerpt": "Run: `FJ-HVSTORY904-911_002898_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "064276af3cc69e0142d59dea67b2695a59ef0b93d7576b2fa4d781150f780ab0", "source_reasoning_step_id": "DLCASE_LEGACY_0130_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0131_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0131", "raw_excerpt": "## 自动批量案例：600696.SH / 关于诉讼进展的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "0249f2d4af3a54970f6ccd689e4821d386d020daa02ccae9410a6a9cad7ea660", "source_reasoning_step_id": "DLCASE_LEGACY_0131_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0131_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0131", "raw_excerpt": "# 600696.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "d71cea53c1fe9bda16a8a61d3bf15486386351dd404566aba8e3b6af2eec503c", "source_reasoning_step_id": "DLCASE_LEGACY_0131_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0131_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0131", "raw_excerpt": "Run: `FJ-HVSTORY912-919_600696_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "1e1568e6c9871460dc4578e75053e5c293669b07cf521827f2cc849ae1d993d2", "source_reasoning_step_id": "DLCASE_LEGACY_0131_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0132_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0132", "raw_excerpt": "## 自动批量案例：002021.SZ / 关于立案调查事项进展暨风险提示的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "355b7611c93dd028a5623e6b93a8f3c5f0c032dc16581a4f097e070c195124fd", "source_reasoning_step_id": "DLCASE_LEGACY_0132_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0132_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0132", "raw_excerpt": "# 002021.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "495ba8633fbd96901dfd1249910f46f633038e5b2e842b408699bd5cd535e0a6", "source_reasoning_step_id": "DLCASE_LEGACY_0132_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0132_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0132", "raw_excerpt": "Run: `FJ-HVSTORY920-927_002021_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "6cd710773d02dd02db3403efb2b726398f50946e697bbd1dd045070bb6524ec4", "source_reasoning_step_id": "DLCASE_LEGACY_0132_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0133_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0133", "raw_excerpt": "## 自动批量案例：603628.SH / 福建天衡联合律师事务所关于清源科技股份有限公司2024年限制性股票激励计划部分限制性股票回购注销实施的法律意见书", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "8427a50c6ad7df496e593ebc722a0a3c35e6f2f51484c50dfe093b668cde319b", "source_reasoning_step_id": "DLCASE_LEGACY_0133_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0133_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0133", "raw_excerpt": "# 603628.SH darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "3d800423f1e30350c144896122fcdfbbd627dd5549e60535e45bd8b70424d1a4", "source_reasoning_step_id": "DLCASE_LEGACY_0133_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0133_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0133", "raw_excerpt": "Run: `FJ-HVSTORY928-935_603628_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "78896acc408619ad4876da05abe82713ceeb11e2ac3d91e1966ecb034e4d02ce", "source_reasoning_step_id": "DLCASE_LEGACY_0133_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0134_EVID_0001", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0134", "raw_excerpt": "## 自动批量案例：002742.SZ / 关于公司及公司控股股东收到中国证券监督管理委员会立案告知书的公告", "evidence_type": "INITIAL_INFORMATION_LEAF", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "ef992f48b015a9c79e045e2fb79a3db1366f878884f95d3285658cf6b006dfd7", "source_reasoning_step_id": "DLCASE_LEGACY_0134_STEP_0001", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0134_EVID_0002", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0134", "raw_excerpt": "# 002742.SZ darkline story V0", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "08e9f03dd2a0932131d6ae535bef7915b26848a836e4e748d4f5ba8114c049f2", "source_reasoning_step_id": "DLCASE_LEGACY_0134_STEP_0002", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
| {"evidence_id": "DLCASE_LEGACY_0134_EVID_0003", "source_id": "SOURCE_LEGACY_EXTERNAL_INFORMATION_CASEBOOK", "case_id": "DLCASE_LEGACY_0134", "raw_excerpt": "Run: `FJ-HVSTORY936-943_002742_AUTOBATCH_DARKLINE_V0_20260518`", "evidence_type": "CASEBOOK_TEXT", "evidence_strength": "REVIEW", "extracted_time": "2026-06-24 08:07:37", "evidence_hash": "9039a3053a032ba4b1f088204a1e46221f40dac9e3258673919c37fbf0ee52cc", "source_reasoning_step_id": "DLCASE_LEGACY_0134_STEP_0003", "archive_batch_id": "DL_FULL_ARCHIVE_20260624_V1"}
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