南方财经9月24日电，南财投研通数据显示，9月24日，券商给予上市公司目标价共14次，按最新收盘价 计算，目标价涨幅排名居前的公司有东材科技、弘亚数控、普门科技，目标价涨幅分别为51.19%、 35.21%、32.28%，分别属于塑料、专用设备、医疗器械行业。评级调低方面，9月24日，券商调低上市 公司评级达到1家次，最新数据包括了中信证券对坤彩科技的评级从"买入"调低至"增持"。查看原文： 东材科技目标价涨幅超50%；坤彩科技评级被调低｜券商评级观察刚刚 ...

（原标题：雀巢董事长站好最后一班岗：带着新高管访华丨消费参考） 21世纪经济报道记者贺泓源、实习生李音桦 雀巢对中国市场的重视是显而易见的。 据北京发布，9月23日下午，北京市委书记尹力会见瑞士雀巢集团全球董事会成员及高管团队。 明显，保罗·薄凯在站好最后一班岗，带着新高管团队来华做交接。 另有市场消息称，雀巢董事会全体成员访华已筹划多时，虽然中间先后出现诸如原首席执行官傅乐宏 （Laurent Freixe）突然被罢免等变故，但雀巢方面依然没有取消访问计划。 可见，对雀巢来说，无论内部权力如何分配，中国市场都在优先位置。 保罗·薄凯（Paul Bulcke）等董事会成员和高管就在前述会见上表态，中国超大规模的市场体量，对雀 巢集团发展有着强大驱动力。 事实上，若以单一国家划分，中国市场是雀巢第二大全球市场。据雀巢2024年年报，大中华大区去年有 机增长率为2.1%，销售额约50亿瑞士法郎，折合人民币408.69亿元，在加入雀巢健康科学和雀巢奈斯派 索（Nespresso）这两大块由总部"直管"的业务后，折合人民币约445亿元。 但雀巢在中国市场也面临着起伏。 在今年上半年，雀巢大中华区销售额为24.7亿瑞士 ...

Group 1: Control Changes in Companies - Qidi Pharmaceutical's control has changed from Qidi Kefu to Hunan Sailoxian, with Jiang Xin as the actual controller, marking the sixth name change since its listing [1][2][3] - Mengke Pharmaceutical will undergo a control change as it issues 164 million shares to Hainan Whale Pharmaceutical, making Hainan Whale the controlling shareholder with a 20% stake [1][6] Group 2: Financial and Operational Implications - The control change at Qidi Pharmaceutical was triggered by a financial dispute leading to the auction of 58.607 million shares for 1.007 billion yuan [2] - Mengke Pharmaceutical plans to raise up to 1.033 billion yuan through a private placement to enhance its financial strength and support R&D efforts [6][7] - Mengke Pharmaceutical's sales revenue growth rates for 2022-2023 and 2023-2024 were 88.31% and 43.51%, respectively, with a 10.26% increase in the first half of 2025 [6][7] Group 3: Strategic Directions and Future Plans - Qidi Pharmaceutical aims to leverage new shareholder resources for business focus and operational stability amid industry changes [1] - Mengke Pharmaceutical intends to enhance its commercial efficiency and production capabilities through external partnerships and funding [7][8] - The strategic agreement signed between Hengyang Municipal Government and Hengchang Pharmaceutical may further drive operational development for Qidi Pharmaceutical [5]

Core Viewpoint - The successful launch of the sixth orbital mission of the Geely Constellation marks a significant milestone in China's low Earth orbit satellite network, achieving a total of 64 satellites in orbit and completing the first phase of network deployment [1][2]. Group 1: Launch and Technical Achievements - The Geely Constellation successfully launched 12 satellites using the Jielong-3 rocket, which has a payload capacity of 1500 kg for a 500 km sun-synchronous orbit [2]. - The constellation can provide real-time satellite communication coverage in the latitude range of 60°N to 60°S, with a communication capacity of 340 million times per day, supporting 20 million users globally [1][3]. - The satellites offer stable transmission capabilities, with a single communication capacity of 1900 Bytes and strong anti-interference and anti-eavesdropping capabilities [1]. Group 2: Future Plans and Applications - Following the completion of the first phase of the constellation, plans are in place to launch an additional 8 backup satellites, bringing the total to 72 satellites in orbit [1]. - The Geely Constellation aims to enhance communication capacity and reliability, with future plans for 3 to 4 layers of satellite communication coverage globally [1]. - The satellite communication technology will empower smart connected vehicles, providing connectivity in areas without public network coverage, and is already being integrated into Geely's vehicle models [3]. Group 3: Global Expansion and Collaboration - Geely has established partnerships with over 20 countries across the Middle East, Southeast Asia, Central Asia, Africa, and Latin America, completing commercial communication tests with a success rate of 99.15% and network availability exceeding 99.97% [3].

21世纪经济报道记者 董静怡 杭州报道 速卖通不再"卷低价"了。 9月23日，阿里旗下跨境电商平台速卖通启动"超级品牌出海计划"，表示用商家在亚马逊一半的成本， 在重点市场实现更高的成交，直接向天猫品牌和亚马逊大卖们抛出了橄榄枝。此举被业内视为对亚马逊 发起正面挑战，争夺中高端品牌市场。 直接对标亚马逊，速卖通的野心不小。 之所以盯上品牌，是整个出海环境在发生变化。行业已从蓝海变为红海，不确定的国际贸易环境带来更 多风险，低价带来的增量已然触及天花板。无论是商家还是平台，都开始挖掘"品牌化"的机遇。 速卖通较早开启了转型。过去一年，速卖通已经在持续发力品牌出海，有95%的合作品牌实现了年销百 万美元。速卖通品牌出海负责人衍之透露，速卖通的品牌货盘和高客单价商品的成交额正逐步超越中低 客单价商品。 行业分析认为，速卖通发力品牌赛道，有望进一步拉开与"出海四小龙"其他平台的差异性。对于品牌商 家来说，也许也是一个新的增长机遇。 不再卷低价 2024年4月，速卖通推出"百亿补贴"，针对于中国品牌、尤其是新品牌的出海，将资源向高客单价、高 科技含量的品类倾斜。 本次，速卖通又启动"超级品牌出海计划"，招募包括天猫品牌 ...

Market Overview - On September 24, the A-share market opened lower but closed higher, with the ChiNext Index reaching a three-year high and the STAR 50 Index rising nearly 5% during the day. The Shanghai Composite Index rose by 0.83%, the Shenzhen Component Index increased by 1.80%, and the ChiNext Index gained 2.28% [1][2] - The total trading volume in the Shanghai and Shenzhen markets was 2.33 trillion yuan, a decrease of 167.6 billion yuan compared to the previous trading day. Over 4,400 stocks rose, while fewer than 900 declined [1] Sector Performance - The semiconductor industry continued its strong performance, with over 20 stocks hitting the daily limit. The robotics sector also saw significant gains, and Alibaba Cloud-related stocks performed actively. In contrast, the tourism sector showed weakness [1] - The storage chips, photolithography machines, and energy metals sectors led the gains, while the tourism sector experienced the largest declines [1] International Market Trends - In the U.S. stock market on September 24, the three major indices fell, with the Dow Jones Industrial Average down by 171.50 points (0.37%), the S&P 500 down by 18.95 points (0.28%), and the Nasdaq Composite down by 75.62 points (0.33%) [2][4] - European markets showed mixed results, with the FTSE 100 rising by 27.11 points (0.29%), the CAC 40 down by 44.57 points (0.57%), and the DAX up by 55.48 points (0.23%) [2][4] Commodity Prices - International oil prices increased on September 24, with light crude oil futures for November rising by $1.58 to $64.99 per barrel (up 2.49%), and Brent crude oil futures for November rising by $1.68 to $69.31 per barrel (up 2.48%) [3][4] Policy Developments - Eight departments, including the Ministry of Commerce, issued guidelines to boost digital consumption, encouraging innovation in artificial intelligence terminal products and smart connected vehicles [5] - The central bank announced a 6 billion yuan MLF operation scheduled for September 25, aimed at maintaining liquidity in the banking system [6] - A joint plan was released by six departments to stabilize growth in the building materials industry, targeting over 300 billion yuan in revenue from green building materials by 2026 [7] Corporate News - Alibaba Cloud and NVIDIA announced a collaboration to advance physical AI applications, integrating NVIDIA's software stack into Alibaba's AI platform [8] - The U.S. government confirmed the implementation of a 15% tariff on EU-imported cars and automotive products as part of a trade agreement [9] - Huatai Securities and CITIC Securities provided insights on market opportunities, highlighting structural opportunities in the financial sector and the rising prices of sustainable aviation fuel (SAF) in Europe [10] Fund Flow Analysis - The semiconductor sector saw a net inflow of 15.42 billion yuan, with a 4.39% increase, while the electronic components sector experienced a net outflow of 3.84 billion yuan [11] - Notable stocks with significant net inflows included Yangguang Electric and SMIC, while Heertai and Industrial Fulian faced substantial outflows [13]

大额存单重出江湖抢客 季末高息大额存单闪现 利率超2%产品上演"手速大战" 临近季末、月末，银行揽储的气氛逐渐浓烈。 近期，部分银行发布大额存单发行公告，推出利率超过2%的产品，立刻引起市场抢购。有业内人士认 为，在国有大行及股份制银行的大额存单年利率普遍迈入"1"字头的背景下，低风险、高息产品的吸引 力凸显。不过，这类产品普遍存在额度有限，一单难求的情况，更多是"季节性"产物，整体来看存款利 率下行依然是主流。 一家民营银行客户经理告诉记者，目前大额存单转让活动更多是在特定时段"限量"出售，由于风险低， 利息相对较高，因此一上架基本"秒光"。 其实，在低利率背景下，锁定长期收益是投资者的重要诉求之一。此前，各家银行在售的3年期、5年期 大额存单产品基本已经"下架"。银行目前压降存款利率，后续上新的大额存单利率将会继续走低，所以 近期推出的假日"限定款"的大额存单，特别是中长期的大额存单一单难求。 苏商银行特约研究员薛洪言认为，民营银行推出收益率较高的大额存单，本质是市场化竞争策略与精细 化运营管理协同作用的结果。作为新兴金融力量，民营银行在品牌认知度、客户基础积累上与传统银行 存在差距，通过提供高于行业平均 ...

记者丨刘婧汐 谢之迎 编辑丨高梦阳 谭璐 金珊 量贩零食界或将迎来首家 A+H股上市公司。 处于高速发展期 2025年9月23日，来自福建的万辰生物科技集团股份有限公司(简称"万辰集团")在港交所递交招股书， 拟在香港主板挂牌上市。 其在量贩零食领域最大的竞争对手——鸣鸣很忙也在今年的四月份向港交所递交了招股书。接下来，谁 能更快完成港股上市进程，谁就有望成为"港交所量贩零食第一股"。 90后二代接棒 从业绩上看，近两年万辰集团正处于快速增长中，势头强劲，此时上市颇有"趁热打铁"的意味。 招股书显示，在过去的2022年、2023年、2024年，万辰集团的营业收入分别为人民币5.49亿、92.94亿、 323.29亿，相应的净利润分别为人民币0.68亿、-1.76亿、6.11亿。2023年至2024年GMV同比增长282%。 根据万辰集团于8月28日公布的财报，该公司上半年实现归母净利润4.72亿元，同比增长50,358.8%，总 营收达225.83亿元，同比增长106.89%，2025年上半年的毛利率为11.49%。 这得益于公司旗下以"好想来"品牌为主的零食饮料零售业务的高速扩张。 万辰集团以菌菇生意起家。 ...

完成全国首笔专精特新企业认股权行权投资、落地全国首单银行理财直接参与上市公司定增项目…… 2025年，光大理财在服务实体经济和国家战略中亮点频频。 笔者从光大理财处获悉，截至8月末，光大理财在科技金融领域的投资余额近300亿元，累计与270余家 科创企业签署认股权合作协议；在绿色金融方面的投资余额已超过700亿元，切实推动了地区生态改善 与企业绿色转型。 这些突破性尝试的背后，是光大理财对国家宏观战略的深度解读与市场化能力的持续构建。其通过"投 贷联动"陪伴科创企业成长、依托绿色债券工具支持能源转型的打法，不仅拓宽了理财资金服务实体经 济的路径，也为行业提供了可借鉴的范本。 锚定"硬科技"，打造从"信贷"到"股权"的赋能闭环 近日，据笔者了解，光大理财已完成对某工业软件头部企业的认股权行权，该笔投资或为全国首笔专精 特新企业认股权行权投资，标志着理财资金通过认股权业务服务科创企业实现了从融资支持到深度赋能 的历史性跨越，实现了从债权融资到股权投资的闭环操作。 近年来，半导体产业成为全球科技竞争的重要领域。然而，由于外部环境的影响，面临着一系列的地缘 政治挑战和限制，极大制约了国内半导体产业的发展。该企业作为这 ...

Core Insights - Huawei has established a significant presence in the automotive industry, evolving from a cautious entry to becoming a key player with a comprehensive sales and service model [3][26][30] - The company has developed a standardized operational methodology for its automotive sales, ensuring a consistent customer experience across various channels [25][21] - Huawei's strategy has shifted towards a more integrated approach, consolidating control over sales, delivery, and service processes within its automotive ecosystem [10][12][11] Group 1: Sales and Distribution Strategy - Huawei's automotive sales model has transitioned from a fragmented approach to a more unified system, with the establishment of the "Hongmeng Intelligent Travel" user centers [11][12] - The company has implemented a detailed and standardized operational framework for its dealerships, including specific guidelines for store layout, staff training, and customer interaction [22][23] - The sales channels have evolved to include various types of stores, such as direct sales stores, authorized experience stores, and user centers, each with distinct functions [19][18] Group 2: Market Position and Partnerships - Huawei has expanded its partnerships with multiple domestic and international automotive manufacturers, significantly increasing its influence in the market [2][26] - The company has successfully penetrated the market with over 930,000 vehicles equipped with its technology, showcasing its growing footprint in the automotive sector [2] - The shift in Huawei's role from a technology provider to a brand co-builder indicates a strategic move to deepen its involvement in the automotive industry [26][30] Group 3: Challenges and Adaptations - Early challenges in the automotive sales process highlighted the complexities of managing sales and service across different entities, leading to a reevaluation of its operational model [9][10] - The company has faced pressure to maintain customer satisfaction amid rapid sales growth, necessitating the establishment of additional service points and user centers [16][17] - Huawei's approach to automotive sales reflects a broader trend of adapting to market feedback and continuously iterating on its business model to optimize performance [20][32]