1月23日，洋河股份发布2025年度业绩预告。披露公司预计去年归属净利润约21.16亿元至25.24亿元，同 比下降62.18%-68.30%。 公告表示，报告期内，白酒行业处于深度调整期，行业竞争格局深刻变革，存量竞争加剧背景下，公司 受到市场需求减少、品牌势能减弱、渠道库存加大、渠道利润下降等挑战，中端和次高端价位段产品承 压较大，部分市场销售受阻，销量明显下降。面对市场严峻的销售形势，2025年公司营销工作以去库 存、稳价盘、提势能为主导，对主要产品进行配额管控，并围绕库存去化和势能提升配置相应的费用投 入，对当期盈利能力产生较大影响。 公司于2026 年 1 月 23 日召开第八届董事会第十八次会议，审议通过了《关于聘任公司总裁的议案》， 经公司董事会提名委员会审核通过，公司董事会同意聘任顾宇兼任公司总裁，任期与本届董事会任期一 致。 同日，公司还发布公告披露，董事会于近日收到公司副董事长、董事、总裁钟雨的书面辞职申请。钟雨 因到龄退休，申请辞去公司第八届董事会副董事长、董事、总裁及董事会战略委员会委员、ESG 委员 会委员职务。 钟雨在公司任职期间，恪尽职守，勤勉尽责，董事会对他为公司经营发展作出的 ...

1月23日，安记食品发布公告称，因自身资金需求，公司控股股东、实际控制人、董事长林肖芳拟以集 中竞价和大宗交易方式减持其持有的公司无限售流通股股份的总数合计不超过公司总股本的3%（不超 过 7,055,999 股）；其中：通过集中竞价方式减持的股份总数占公司总股本的比例不超过1%（不超过 2,351,999 股）；通过大宗交易方式减持的股份总数占公司总股本的比例不超过2%（不超过4,703,999 股）。减持价格将按照减持实施时的市场价格确定。本减持计划自公告披露日起15个交易日后的3个月 内实施。 （企业公告） (编辑：王璨 林辰)关键字： 食品 ...

尽管距离2026年农历春节还剩半月有余，但各家商超的"氛围组"角色已然报道。无论是30款千万级品质商品"清单披露"、抑或是数百款自有品牌系列新 品"超越期待"，契合健康、情绪消费态度，围绕家宴、礼赠、自享三场景，商超对于年货选品的定义不断进化。 商超年货节呈家宴、礼赠、自享三重奏，消费需求承接凸显兼容化 元旦过后便相继启动"年货季"，尽可能将"空窗期"压缩、甚至跳过的各大商超，外溢的年味愈发浓郁。拨开密密麻麻码放在货架上的商品，逐步迈入紧张期 的年味备货，更多呈现家宴、礼赠、自享三重奏。 消费群体结构转变之下，兼顾仪式感、品质力与便捷性的"三角形"家宴需求提高。今年商超对于家宴调性的起步仍从高度兼容性出发。据永辉超市介绍，本 届年货节，永辉家宴团圆方面汇聚了品质永辉零反式脂肪酸花生油、鲜活帝王蟹、永辉定制挪威三文鱼等；沃尔玛方面提供巨无霸黑椒安格斯原切战斧牛 排、黑虎虾、有机盐磨鲍鱼肉等，如欲简化宴客流程，"沃集鲜"另含多款"一道成席"宴客硬菜与礼盒；奥乐齐也在国内推出金蒜椒盐鸭下巴、酒香蒸鲥鱼 等，另有原切牛腱肉、黑猪肋排等食材。 图片来源：小红书截图 品质升级承接的便是日趋理性的消费心态，后者在礼赠场景则 ...

Group 1: iMoutai Packaging Correction and After-Sales Solutions - iMoutai has corrected the packaging of the classic version of Guizhou Moutai liquor (53% vol 500ml) and announced two after-sales solutions [1] - The first solution allows consumers to exchange the original product for the corrected version at Moutai self-operated stores until December 31, 2026 [1] - The second solution involves a "pen tool" for consumers to correct the packaging themselves, with further details to be announced [1] Group 2: Jinsha Liquor's Organizational Restructuring - Jinsha Liquor has shifted its strategy from "pan-nationalization" to "regional market gradient cultivation" to pursue high-quality development [2] - The company has restructured its organization into a "functional department + regional district" model to enhance market responsiveness and decision-making efficiency [2] - Marketing strategies will focus on content and scenario marketing, with a strong emphasis on digital capabilities for cost control and data analysis [2] Group 3: Xijiu's Sales Growth on JD.com - Xijiu's sales on JD.com have surpassed 1.4 billion yuan in 2025, marking a significant milestone in their partnership with the platform [3] Group 4: Yanjing Beer Profit Forecast - Yanjing Beer expects a net profit of 1.583 billion to 1.742 billion yuan for the previous year, representing a year-on-year growth of 50% to 65% [4] - The company is focusing on a big product strategy and enhancing brand management to drive growth [4][5] Group 5: ST Juewei's Revenue and Loss Forecast - ST Juewei anticipates a revenue of 5.3 billion to 5.5 billion yuan for 2025, a decline of 12.09% to 15.29% year-on-year, with a projected net loss of 160 million to 220 million yuan [10] - The company cites underutilized production capacity and increased non-operating expenses as factors affecting performance [10] Group 6: Liangpinpuzi's Expected Losses - Liangpinpuzi forecasts a net loss of 120 million to 160 million yuan for 2025, primarily due to store optimization and product adjustments [11] - The company is focusing on improving management efficiency and reducing costs, but revenue and gross margin declines have impacted profitability [11] Group 7: Yijia Yue's Profit Growth Projection - Yijia Yue expects a net profit increase of 50.06% to 72.79% for 2025, driven by enhanced customer orientation and store upgrades [18] - The company is optimizing its product offerings and improving operational efficiency to boost profitability [18] Group 8: Yonghui Supermarket's Stake Sale - Yonghui Supermarket plans to sell a 28.095% stake in YunJin Technology for 80 million yuan to focus on its core business [16][17]

封关后，"零关税"商品清单从之前的1900多个税目，一次性扩大至约6600个，覆盖全部商品税目的 74%，比封关前提高近53个百分点。这一政策将激发新的物流路线图，吸引海外原材料、高端设备、消 费品优先进入海南自贸港保税。2025年上半年美兰机场口岸跨境电商"9610"出口货值已同比增长46%， 封关后这类跨境电商物流的增长态势渐猛。在此基础上，飞机维修等高附加值产业从无到有地渐露活 力，海内外航空企业陆续到海南修飞机；海南也推出多项措施以打造跨境电商、现代物流枢纽，为经济 发展注入新动能。 来源 | 《财经》杂志 作者 | 《财经》记者 王静仪 编辑 | 王延春 以"零关税"等政策为支点，叠加地处中国与东南亚之间的独特地理优势，让货物、资金、服务、人流等 在这一区域网络中自由流动，因地制宜发展现代产业，在区域经济格局中挖掘更大发展空间 自2025年12月18日以来，海南自贸港启动全岛封关运作满月。 《财经》采访的相关人士认为，海南自由贸易港具备成为区域经济枢纽的潜力，以"零关税"等政策为支 点，叠加地处中国与东南亚之间的独特地理位置优势，让货物、资金、服务等在这一网络中自由流动， 因地制宜发展现代产业，在区 ...

Core Insights - The establishment of the Hainan Free Trade Port is a significant milestone in China's reform and opening-up strategy, aiming to create a leading gateway for China's new era of openness [1][2] - The Hainan Free Trade Port's closure operation marks a new starting point for the highest level of openness, transitioning to a "negative list" system and simplifying investment and service trade regulations [2][3] Group 1: Hainan Free Trade Port Development - The Hainan Free Trade Port has transitioned from being the largest economic special zone to the world's largest free trade port, presenting a historic development opportunity [2] - The port's "zero tariff" list is evolving from a "positive + negative" list to a "negative list," enhancing the investment system and service trade regulations [2][3] Group 2: Regional Economic Integration - The trend of regional economic integration is strengthening amid rising trade protectionism, with significant growth in intra-regional trade in Asia, America, and Europe [3][4] - The RCEP has become a highlight in Asia's economic integration, with over 45% of exports within the region directed to member markets, reflecting a 9 percentage point increase since 2020 [3] Group 3: Hainan's Role in China-ASEAN Cooperation - Hainan is positioned as a crucial hub for China-ASEAN economic cooperation, with 8.5% of China's direct investment in ASEAN coming through the Hainan Free Trade Port [6] - The port is set to enhance trade in goods, services, and digital trade between China and ASEAN, leveraging its unique geographical advantages [6][7] Group 4: Strategic Economic Positioning - Hainan's geographical location allows it to connect with 21 countries in Asia within a 4-hour flight, covering approximately 47% of the global population and 30% of global GDP [7] - By 2024, 40% of Hainan's external trade is expected to flow to the RCEP region, with 50% of foreign direct investment directed there [7] Group 5: Policy Implementation and Legal Framework - The implementation of the Hainan Free Trade Port Law is crucial for establishing a legal framework that supports the rapid rollout of core policies [15][16] - The proposal includes creating a transparent negative list for cross-border service trade and enhancing the regulatory environment to facilitate service trade [10][11]

Industry - In December 2025, the total retail sales of consumer goods reached 45,136 billion yuan, a year-on-year increase of 0.9% [1] - The total retail sales of consumer goods for the entire year of 2025 amounted to 501,202 billion yuan, growing by 3.7% compared to the previous year [1] - The retail sales of furniture products in December were 20.7 billion yuan, showing a year-on-year decline of 2.2%; the cumulative retail sales for the year reached 209.2 billion yuan, an increase of 14.6% year-on-year [1] - The retail sales of building and decoration materials in December were 17.2 billion yuan, down 11.8% year-on-year; the cumulative retail sales for the year were 167.1 billion yuan, a decrease of 2.7% year-on-year [1] Company - Chasing Technology established two new companies, Chasing Yaochen Technology (Suzhou) Co., Ltd. and Chasing Chichen Technology (Suzhou) Co., Ltd., both with a registered capital of 2 billion yuan, focusing on the research and development of intelligent robots [1] - Wan Hua He Xiang Group's IPO counseling report indicates that the company needs to further improve its corporate governance, with a focus on enhancing the execution of governance systems [2] - The report also highlights an oversupply in the domestic man-made board industry, prompting the company to control product quality while expanding into high-end product markets [2] - Dream Home announced the use of 372 million yuan of idle fundraising to purchase structured deposit products for capital preservation and appreciation [3] - Haier Smart Home plans to repurchase up to 1 million D-shares with a total fund not exceeding 2 million euros, which will be canceled to reduce registered capital [4][5] - Fusenmei announced that the chairman Liu Bing's detention has been changed to a directive for supervision, allowing him to resume his duties as chairman and legal representative [6]

"粤车南下"政策于2025年12月23日起开始实施，允许符合条件的内地车辆进入香港市区。政策实施至今 满一个月，香港特区政府运输及物流局局长陈美宝1月23日表示，政策实施至今已接获超过2500人申 请，逾千辆车辆已预约出行。 ...

Core Viewpoint - The company is expected to report a net loss of approximately 193 million yuan for the fiscal year 2025, indicating a decline compared to the previous year [1] Group 1: Financial Performance - The projected net profit attributable to the parent company for 2025 is around -193 million yuan, which represents a loss compared to the same period last year [1] - The expected net profit, excluding non-recurring gains and losses, is approximately -195 million yuan for the fiscal year 2025 [1] Group 2: Business Operations - The company's main operations in compressor components and automotive parts production remain stable [1] - The company's subsidiary's investment in a solar cell project has not yet commenced production, contributing to the financial outlook [1] Group 3: Industry Challenges - The solar industry continues to face multiple challenges, including overcapacity, supply-demand mismatches, and trade policies [1] - Rising prices of upstream raw materials in the second half of the year have put overall pressure on the industry chain prices [1] - The company has made provisions for asset impairment due to signs of impairment in related assets of its subsidiary [1]

隆华科技公告，预计2025年度归属于上市公司股东的净利润为1.85亿元到2.35亿元，同比增长41.18%到 79.33%。扣除非经常性损益后的净利润为1.6亿元到2.1亿元，同比增长38.32%到81.55%。报告期内，公 司经营情况稳健发展，核心产品竞争力不断提升，销售规模持续增长，使得归属于上市公司股东的净利 润及扣除非经常性损益后的净利润较上年同期实现稳健增长。 ...