本报讯(记者昌校宇)7月20日，中金普洛斯REIT披露2025年第二季度报告显示，二季度，中金普洛斯 REIT实现总收入约10755.67万元，基金合并息税折旧摊销前利润(EBITDA)约6885.36万元；实现可供分 配金额约8396.26万元，运营持续稳健。 此外，中金普洛斯REIT于7月17日盘后发布最新的分红公告，以2025年3月31日为收益分配基准日，进 行2025年第二次分红，计划分配金额约7867.43万元，分红比例约95%。待最新的分红完成，中金普洛 斯REIT累计分配金额将超12亿元。 从底层资产财务表现来看，中金普洛斯REIT在报告期内实现基础设施项目租金及物业管理服务费收入 约10648.67万元，剔除公允价值变动损益影响后的基础设施项目息税折旧摊销前净利率为67.20%。 底层资产高出租率态势持续巩固。二季度，中金普洛斯REIT持有的10个仓储物流园基于市场供需关系 灵活调整租赁策略，带动整体期末平均签约出租率持续超过90%。在持续夯实底层资产运营、提升园区 服务质量的同时，二季度，中金普洛斯REIT原始权益人兼外部管理机构普洛斯组织了形式多样的园区 活动，进一步加强与租户的互动交流， ...

本报记者 梁傲男 自2017年开启中餐"出海"征程，上海杨国福企业管理（集团）股份有限公司（以下简称"杨国福"）至今已在全球20多个国 家开出近7000家门店，其中海外门店近200家。作为中国餐饮品牌"出海"的代表，其目标人群不仅包括海外华人，更着力吸引 本地消费者。 中餐"出海"并非简单的"复制粘贴"，从饮食认知到消费习惯，从供应链管理到文化输出，每一步都面临着意想不到的挑战 与突破。近日，杨国福海外业务负责人接受《证券日报》记者采访时表示："中餐出海的挑战，不是改良口味，而是重构一套 能被本地文化解码的商业逻辑。" 目前，这种以三者为核心的盈利模型已展现出较强的可持续性，随着品牌知名度提升、供应链体系完善及运营经验积累， 杨国福海外市场的利润率正逐步优化。 "中餐文化输出的终极形态，不是让某个品类征服世界，而是让'美味平衡哲学'成为全球餐饮的共同语法。当伦敦大学生用 杨国福番茄汤底煮意大利面，纽约健身党把鸡胸肉烫进草本骨汤时，麻辣烫的文化共生才真正沸腾。这碗汤的终极胜利，不仅 在于开出多少门店，而在它如何成为异国餐桌的味觉母语。经得起考验且能拥抱不同土壤的中餐形态，终将成为中餐'出海'生 命力的证明。"上 ...

2025年7月18日，公安部刑事侦查局在北京举办"全社会反诈青年在行动"宣传活动启动仪式。公安部直属机关党委、新闻 宣传局、防范电信网络诈骗信息监控中心，中央网信办网络综合治理局、工业和信息化部网络安全管理局、中国人民银行支付 结算司、最高人民法院刑三庭、最高人民检察院第四检察厅、中华全国总工会权益部、共青团中央青年发展部、全国妇联权益 部等相关单位负责同志及青年党员、30余家互联网公司反诈青年志愿者共计500余人参加活动。 度小满参加本次活动，AI防深伪技术小程序亮相现场。在反诈展区，度小满首次向公众开放其AI防伪识别互动小程序，引 发广泛关注与积极参与。 2025年"全社会反诈青年在行动"宣传活动启动仪式 其中，"纹理敏感模型"是该系统的核心算法之一。该模型可融合捕捉高频、中频、低频等多层次纹理特征，以及细粒度的 面部噪声信息，从而更精准地区分伪造与真实人脸。通过对关键面部区域的纹理细节重建，配合对敏感区域的擦除策略，显著 提升了对深伪攻击的识别能力与系统整体安全性。 技术不只是"演示"，更是"实战" 围绕"你能分清AI合成脸和真人脸吗？"的挑战主题，小程序设计了一款直观有趣的辨别小游戏，引发大量观众围观 ...

本报讯 （记者吕东）2025年6月份，普惠金融—景气指数达49.03点，较5月份上升0.07点，融资端延续回暖，金融对实体经 济的支持力度依然稳固；经营端小微企业压力仍存，活力指数微涨，企业发展信心向好。 分维度来看，2025年6月份，融资景气度指数为54.47点，环比上升0.53点。随着一揽子稳就业稳经济政策措施逐步落地， 社会预期有所改善，带动有效信贷需求释放，季节性消费需求集中释放也对信贷形成支撑。贷款利率继续在低位运行。 6月份，经营景气度指数为47.96点，较5月份微降0.04点。分项指数中，小微企业经营绩效指数下降0.23点。另外，分项指 数中小微企业经营活力指数上升0.06点，显示企业发展信心向好。 分行业来看，6月份，九大行业经营景气度指数呈4升5降的趋势。其中，批发零售业、信息服务业、房地产业、社会服务 业经营景气度呈回暖趋势。受益于年中促销和消费刺激政策等因素的影响，批发零售、社会服务活动更加活跃。信息服务业从 1月份至今基本保持稳中有升态势。农林牧渔业、工业、建筑业、交通运输业、住宿餐饮业经营景气度有所下降。 分区域来看，七大区域经营景气度指数呈现3升4降的趋势。其中，华北、华中和西南地 ...

Core Viewpoint - The issuance of A-shares by Shandong Huangan Energy Group aims to raise up to 718 million yuan, primarily to enhance liquidity and repay bank loans, reflecting confidence in the long-term value of the kitchen waste treatment and renewable energy industry [1][2]. Group 1: Fundraising and Corporate Strategy - The A-share issuance will be fully subscribed by the major shareholder, Shandong High-speed Industrial Investment Co., which will improve the company's financial strength and reduce financial risks [2][3]. - The funds raised will be used entirely for working capital and repaying bank loans, supporting the company's main business operations without significant changes to its business scope [2]. Group 2: Industry Growth and Market Position - The company specializes in the treatment of kitchen organic waste and the resource utilization of waste cooking oil, with a significant presence in nearly 20 major cities in China [2]. - The kitchen waste disposal market in China is expected to grow rapidly in the coming years due to the establishment of a waste classification system, presenting development opportunities for the company [2]. Group 3: Performance and Market Trends - The company anticipates a substantial increase in net profit for the first half of 2025, projecting a profit of 40 to 45 million yuan, a significant turnaround from previous losses [4]. - The increase in performance is attributed to cost reduction efforts, increased waste collection and processing volumes, and rising market prices for industrial-grade mixed oil due to EU sustainable aviation fuel policies [4][5]. - The demand for used cooking oil (UCO) is expected to surge, driven by international and domestic aviation fuel policies, indicating a robust market outlook for the company [5].

本报讯(记者王宁)在甘肃省静宁县，苹果产业是富民强县的支柱产业，历经郑州商品交易所(以下简 称"郑商所")、静宁县政府与银河期货有限公司(以下简称"银河期货")八年精心培育，静宁县苹果"保险 +期货"项目已成为果农抵御风险、稳定增收的坚实保障，迈入高质量发展新阶段。 项目发展更驱动产业升级。苹果期货的价格发现功能增强了果农议价权，期货交割标准促进静宁苹果在 种植、分选、储藏等环节标准化水平跃升。参考期货标准种苹果，已成为龙头企业和果农的广泛共识。 静宁县委副书记王悉润表示，静宁县始终立足苹果产业发展实际，依托资本市场优势，积极对接郑商 所、银河期货等金融机构，深入开展金融赋能特色产业行动，"金融+产业"模式在运行实践中不断优化 完善。下一步将抢抓国家特色优势产业集群创建等政策机遇，全力推动产业全链条高质量发展，打 造"保险+期货"精品惠民工程。 日前，银河期货党委书记、董事长、总经理王东在出席甘肃省静宁县2025年苹果"保险+期货"项目启动 会上表示："银河期货与静宁县同责共担、同频共振、同向发力，坚定不移探索'因地制宜、特色主导、 金融赋能、产业振兴'之路。"未来，将持续深化"保险+期货+N"模式，完善风险 ...

本报讯(记者彭衍菘)7月18日，第九届AI&FOF投资创新发展论坛在上海圆满落幕。这场盛会汇聚了FOF 投资、量化投资、券商资管、公募基金、期货资管等多领域专业人士，深入探讨了AI时代下FOF与量化 投资的创新发展新机遇。 深圳市前海排排网基金销售有限责任公司总经理林丽在开幕致辞中，对国内私募证券行业的发展现状展 开了深入剖析。林丽表示，上半年私募行业优胜劣汰已逐步显现，但整体赚钱效应良好，证券类私募基 金规模维持5万亿元以上，年底有望重回6万亿元。此外在AI快速发展下，头部机构已开展了全面的AI 投入和布局，未来将会赋能多类投研场景，有望为投资者带来超额回报。 世纪证券总经理李剑铭在论坛致辞中，深入阐述了券商在私募证券行业发展中的关键作用。李剑铭表 示，世纪证券致力于打造以综合金融服务为特色的粤港澳大湾区一流券商。李剑铭介绍道，公司业务经 营稳定，屡获行业权威奖项，取得了突出的发展成果。目前，世纪证券形成了具有自身特色的业务体 系，不断开拓创新，以满足客户多样化的金融需求。在谈到未来发展时，李剑铭表示："希望通过今天 的论坛，世纪证券能与现场更多的投资机构建立联系，共同创造合作机会。" 量化投资和FOF投资 ...

本报讯 （记者李万晨曦） 公司董事长杨代常此前介绍，重组人白蛋白是公司研发的首个产品，利用水稻胚乳细胞表达，经提取、纯化的重组人血清 白蛋白产品，被业界称为"稻米造血"。 目前，禾元生物第三代技术平台已实现20至30g/kg糙米人白蛋白表达量水平，突破了重组人白蛋白药物的底层关键核心技 术，具有高产量、工艺简单、低成本、易实现规模化生产等优势，在技术上实现了从"0到1"的突破。随着这一药品正式上市， 有望解决我国人血清白蛋白长期依赖进口的局面。 产能方面，武汉市人民政府官网显示，今年4月，禾元生物重组人血清白蛋白产业化基地项目主体结构顺利封顶，该项目 建成后，可年产1200万支重组人血清白蛋白注射液，预计8月30日实现通水、通电、通气，力争2026年二季度投产。 对于HY1001的市场空间，禾元生物在第二轮审核问询函中提到，人血清白蛋白药品由于其巨大的临床需求缺口，是我国 目前血液制品中唯一允许进口的品类，且约60%依赖进口，存在较大的进口替代需求。公司预计2026年HY1001销售收入将达 到4.44亿元，2030年HY1001销售收入将达到15.67亿元。HY1001产品预计市场空间大。 （编辑 张伟） ...

Core Insights - The China Disaster Prevention Association has launched a specialized training program for "house inspectors" and established a standard evaluation system for inspection agencies, responding to policy calls and aiming to supply standardized technical talent to the industry [1][2] - The training program includes a standardized curriculum covering the entire house inspection process, integrating AI technology and digital twin applications, addressing the growing demand for house inspections as urbanization rates exceed 70% in China [1][2] Market Demand and Opportunities - The demand for house inspections is expected to experience explosive growth, with the market size projected to exceed 100 billion yuan in the next five years, covering various sectors such as property inspection, property management, renovation, and engineering testing [1] - The training program targets 12 categories of professionals, enhancing their capabilities in material assessment, structural diagnosis, and equipment evaluation, with a projected shortage of over 500,000 house inspector positions in the next five years, indicating a broad career development outlook [2] Industry Impact - The training initiative not only fills the talent gap in the industry but also promotes a "detection-diagnosis-governance" closed loop for house health management, closely linked to urban renewal efforts [2] - The concept of "inspection first, then renewal; no inspection, no renewal" has become a key consensus in the urban renewal sector, with professional inspections providing critical insights for subsequent renovation and remediation efforts [2]

Core Insights - Huayou Cobalt Industry has established a strong position in the cylindrical battery market, with its subsidiary Bamo Technology accounting for nearly 40% of the company's total sales of cathode materials, widely used in renowned domestic and international electric vehicle brands [1][4] - The demand for large cylindrical batteries is expected to reach a scale of 100 GWh globally this year, with a projected growth of four to five times by 2030 compared to 2025 [1][5] - Huayou Cobalt Industry leverages its full industry chain advantages and technological innovations to define new industry standards for large cylindrical battery materials [1][2] Industry Positioning - The company has built an integrated industry chain from cobalt and nickel resource development, smelting processing to ternary cathode material manufacturing, providing stable and high-quality raw material guarantees for Bamo Technology [2][4] - Huayou Cobalt Industry's full industry chain layout acts as a protective barrier against raw material price fluctuations and supply chain instability, ensuring the continuous and stable mass production of high-nickel ternary cathode materials [2][3] Technological Advancements - Bamo Technology has achieved a breakthrough in the mass production of ultra-high nickel ternary cathode materials, enhancing electric vehicle range by 30 to 40 kilometers [3][5] - The company has continuously innovated in the high nickel and high voltage technology routes, establishing itself as a benchmark for technological iteration in the industry [3][5] Global Collaboration - Bamo Technology has entered the global core supply chain of power batteries through collaborations with top partners, including a six-year supply agreement with LG Energy Solution for 8 GWh of large cylindrical batteries [1][4] - The company is advancing its Hungarian factory to enhance local supply capabilities for the European new energy industry, further solidifying its global customer ecosystem [4][5] Market Outlook - The market for large cylindrical batteries is expected to reach a scale of hundreds of billions by 2030, with Huayou Cobalt Industry focusing on product high-end and international operations to secure future growth [5] - The company's strategic focus on technological breakthroughs in large cylindrical battery materials aims to meet the industry's ongoing demand for high capacity, high rate, low cost, and high safety [5]