本届上市公司金牛奖共设置"最具投资价值奖""上市公司分红回报奖""金牛董秘奖"等九大奖项。中国海油此次一举斩获三项大奖，反映了资本市场对上 市公司投资价值与股东回报能力的重要认可，持续稳健的业绩增长与长期稳定的分红实践，构成了奖项背后的核心支撑，也印证了公司在"价值创 造"与"股东共享"层面的扎实布局。 10月30日中国海油发布2025年三季度报告。报告期内，公司增储上产持续发力，国内外产量稳步增长，成本竞争优势持续巩固，盈利能力保持韧性。 前三季度，公司油气净产量达578.3百万桶油当量，同比增长6.7%，其中天然气涨幅为11.6%。中国净产量达400.8百万桶油当量，同比上升8.6%，主要 得益于深海一号二期和渤中19-2等油气田的产量贡献；海外净产量177.4百万桶油当量，同比上升2.6%，主要得益于巴西Mero3等项目带来的产量贡献。 第三季度，公司油气净产量达193.7百万桶油当量，同比增长7.9%。 勘探方面，前三季度，公司共获得5个新发现，成功评价22个含油气构造。第三季度，成功评价垦利10-6，持续扩大储量规模，有望成为中型油田；陵 水17-2一体化滚动增储成效显著。开发生产方面，前三季度共投 ...

Core Viewpoint - The 2025 High-Quality Development Forum for Listed Companies and the 27th Golden Bull Award Ceremony highlighted the achievements of outstanding companies and individuals in the Chinese capital market, with China National Nuclear Power's chairman and secretary winning prestigious awards [1][6]. Group 1: Awards and Recognition - The Golden Bull Award, established in 1999 by China Securities Journal, aims to create a credible platform for showcasing listed companies and recognizing their performance in governance, growth, and shareholder returns [6]. - China National Nuclear Power's chairman, Lu Tiezong, received the "Golden Bull Outstanding Entrepreneur Award," while the company's secretary, Zhang Hongjun, was awarded the "Golden Bull Secretary Award" [1][6]. Group 2: Company Vision and Commitment - Lu Tiezong emphasized that China National Nuclear Power will continue to implement a rational, coordinated, and progressive nuclear safety concept to promote high-quality development in nuclear power [6]. - The company aims to accelerate the construction of a "clean, low-carbon, safe, and efficient" modern energy system, contributing to the construction of a beautiful China and a community with a shared future for mankind [6].

Core Insights - The 2025 High-Quality Development Forum for Listed Companies and the 27th Golden Bull Award Ceremony took place in Nantong, Jiangsu, highlighting the achievements of listed companies in China [1][4] - Softcom Power's Secretary Wang Yue received the "Golden Bull Secretary Award" for outstanding performance and capabilities [1] Group 1 - The Golden Bull Award is a prestigious financial brand established by China Securities Journal, recognized as a significant award in the Chinese capital market [4] - The award aims to create a credible platform for communication and brand display in the capital market, promoting high-quality development among listed companies [5] Group 2 - Softcom Power is guided by four strategic pillars: intelligent, autonomous, green, and international, focusing on software and digital technology services, computing products, and digital energy [5] - The company has successfully expanded its overseas market presence, leading to significant growth in revenue and core competitiveness [5] - For the first three quarters, Softcom Power reported revenue of 25.383 billion yuan, a year-on-year increase of 14.30%, and a net profit attributable to shareholders of 98.8866 million yuan, up 30.21% year-on-year [5]

转自：中国证券报·中证网 本届上市公司金牛奖共设置"最具投资价值奖""新质企业金牛奖"等九大奖项。其中，继2023年度上市公司新质企业金牛奖于2024年10月首次亮相后，新质力 量不断壮大。今年，55家公司脱颖而出获得新质企业金牛奖。 公司主营业务为工业物联网技术的研发和应用，为客户提供工业物联网产品、企业网络产品、数字配电网产品、智能售货控制系统产品等，公司业务覆盖企 业网络、数字能源、工业与楼宇IoT、智慧商业、车载与运输五大业务板块，经过多年创新与积累，公司的主营产品已发展为覆盖多行业的物联网产品和解 决方案，包括面向企业分支机构网络、工业与楼宇IoT、车载网络的工业无线路由器、无线数据终端、AI边缘计算机、车载网关、边缘路由器、智能AP、工 业以太网交换机等通信产品，以及智能配电网状态监测系统产品、智能售货控制系统产品、AI智能冰柜、智能车联网系统产品等物联网创新解决方案。 10月28日，映翰通发布2025年三季报显示，公司前三季实现营业收入5.50亿元，同比增长34.61%；归母净利润1.03亿元，同比增长23.00%；扣非归母净利润 9826.07万元，同比增长26.79%。 图片来源：公司提供 ...

Core Insights - Yandong Microelectronics reported a revenue increase of 18.03% year-on-year for the first three quarters of 2025, reaching 1.167 billion yuan, but continued to incur losses [1] - The net profit attributable to shareholders was a loss of 13.4004 million yuan, and the non-recurring net profit loss was 549 million yuan, significantly worsening from a loss of 193 million yuan in the same period last year [1] - The company's performance has been declining since its listing in 2022, with increasing losses [1] Financial Performance - For Q3 2025, Yandong Microelectronics achieved a revenue of 508 million yuan, a year-on-year increase of 36.59% [1] - The net profit attributable to shareholders for Q3 was a loss of 141 million yuan, compared to a loss of 107 million yuan in the same period last year, indicating an expansion of losses [1] - The operating cash flow for the first three quarters of 2025 decreased significantly by 144.43% to -156 million yuan [2] Historical Performance - From 2021 to 2024, the non-recurring net profit attributable to shareholders was 385 million yuan, 365 million yuan, 292 million yuan, and -288 million yuan respectively, showing a downward trend [1]

上市公司金牛奖是中国证券报主办的金牛系列评选活动之一，创立于1999年，活动采取严谨、客观、科 学、透明的评选体系，着力搭建中国资本市场最权威、专业、高效的交流和品牌展示平台，致力于打造 资本市场最具公信力的上市公司权威奖项，成为引领上市公司健康发展的一面旗帜。金牛奖见证了资本 市场发展历程，记录了上市公司在证券市场的不凡表现，涌现出一大批治理规范、业绩增长、积极回报 股东、回报社会的优秀上市公司。 本届上市公司金牛奖共设置"最具投资价值奖""财务总监奖"等九大奖项。"金牛财务总监奖"的颁发对象 则是在净利润现金比率、收入增长能力、成本控制能力以及生产力提高能力方面的表现突出的上市公司 财务总监。 转自：中国证券报·中证网 中证报中证网讯（王珞）10月29日，以"向新而行 以实致远 智启未来"为主题的2025上市公司高质量发 展论坛暨第二十七届上市公司金牛奖颁奖典礼在江苏南通举行，备受瞩目的上市公司金牛奖榜单揭晓。 挖金客财务总监郭庆凭借优秀的个人能力荣获"2024年度金牛财务总监奖"。 ...

Core Viewpoint - The report highlights that despite a challenging market environment, the company has shown signs of improvement in revenue and reduced losses in the third quarter, driven by innovative marketing strategies and product development [1][2][3] Financial Performance - For the first three quarters, the company achieved a revenue of 760 million yuan, with a net profit attributable to shareholders of -9.8 million yuan [1] - In the third quarter alone, the company reported a revenue of 198 million yuan, with a reduction in losses by nearly 20% quarter-on-quarter and over 70% year-on-year [1] Market Conditions - The white liquor market remains weak, with cautious customer expectations leading to discrepancies between receivables and actual sales [1] - The company is facing pressure on performance due to the ongoing deep adjustment period in the white liquor industry and intensified competition [1] Marketing Strategies - The company has implemented a BC linkage marketing model, focusing on three annual themes: graduation, weddings, and sports events, which has led to improved sales performance [1][2] - A notable increase in the banquet market was observed, with graduation banquets in Hunan rising by 21% year-on-year, and significant growth in specific regions such as Xiangxi [2] Product Development - The company is actively responding to market changes by developing a "2+2+2" product matrix and advancing a "two low, one small" product strategy to cater to younger and self-drinking consumers [2] - New products have been launched in collaboration with local supermarkets, targeting the younger demographic with lower alcohol content offerings [2] Industry Outlook - Analysts suggest that the current adjustment phase in the white liquor industry is nearing its end, and companies like the one in focus, which are innovating in products and channels, may lead the recovery [3] - The company aims to enhance channel construction and promote terminal sales to improve operational performance [3]

Core Insights - Haoyuan Pharmaceutical reported a revenue of 2.06 billion yuan for the first three quarters of 2025, marking a year-on-year increase of 27.2% and a net profit of 240 million yuan, up 65.1% [1] - The company’s gross margin reached 49.7%, an increase of 2.2 percentage points compared to the previous year, indicating strong operational efficiency [1] - The company is actively implementing a development strategy focused on "industrialization, globalization, and branding," which has led to sustained high growth in operational performance [1] Front-End Business - The life science reagent business has shown robust growth, generating 1.45 billion yuan in revenue, a year-on-year increase of over 31%, accounting for more than 70% of the company's main business revenue [1] - The company has accumulated over 152,000 types of life science reagents, including over 96,000 molecular building blocks, ensuring a diverse product offering that supports customer needs and contributes to stable profit [1] Back-End Business - The back-end business, focusing on high-difficulty and high-barrier R&D technology platforms, achieved a revenue of 600 million yuan, reflecting a year-on-year growth of 16.9% [2] - The order backlog for small molecule business reached 630 million yuan, a 50% increase year-on-year, indicating a positive growth trend over four consecutive quarters [2] ADC Development - Haoyuan Pharmaceutical has successfully undertaken over 90 ADC projects, enhancing clients' drug development processes [3] - The company has formed strategic partnerships with Maiwei Bio and Yingshi Intelligent to advance ADC drug innovation, establishing a new model that integrates AI, biotech, and CDMO services [3] AI and Drug Development - The company is focused on developing an AI-driven drug discovery platform, aiming to create a one-stop drug screening service that can quickly identify potential drug candidates [4] - The platform includes hundreds of compound libraries and utilizes AI technology to explore a broader chemical space, offering various screening techniques and optimization services for new drug development [4]

公司研发方向聚焦于300mm半导体硅片及300mm SOI硅片关键技术突破，重点布局面向AI应用的高算 力芯片、功率器件、人工智能与数据中心等新兴高成长性应用领域。这些研发方向精准对应当前国内 300mm半导体硅片在先进制程产品和特殊规格产品等高端产品方面的结构性缺口，公司正以高强度的 研发投入和技术创新加速实现新形势下全面国产化供应保障的战略使命。 高研发强度有效推动技术迭代与产品组合拓宽。2025年上半年，公司新开发300mm硅片产品50余款， 累计通过认证的产品规格已超过820款，覆盖客户数量超过100家，产品广泛应用于逻辑芯片、存储器、 图像传感器、功率器件等领域，这些研发布局共同支撑了公司在多领域的技术迭代与市场渗透，技术广 度和纵深得到同步拓展，为公司把握行业上行周期、深耕国内外市场奠定了重要基础。 产能建设稳步推进 多元化布局成效渐显 转自：中国证券报·中证网 中证报中证网讯（王珞）在半导体硅片行业整体复苏但价格压力仍存的复杂环境下，沪硅产业正通过技 术攻坚与规模扩张双轮驱动，强化其在300mm大硅片领域的领先地位，并积极调整产品结构以应对 200mm市场的疲软和竞争压力。 10月30日晚间，沪 ...

Core Insights - HNA Holding has reported a significant increase in revenue and net profit for the first three quarters of 2025, marking a successful transition into a profitable cycle [1] - The company's strategic focus on international routes and management improvements has driven its recent performance [2][3] Financial Performance - The company achieved an operating revenue of 53.438 billion yuan and a net profit attributable to shareholders of 2.845 billion yuan, representing a year-on-year growth of 30.93% [1] - By the end of Q3, the net assets exceeded 5.382 billion yuan, indicating a positive trend in the company's financial fundamentals [1] - The net cash flow from operating activities reached 5.708 billion yuan, reflecting a solid cash flow position [1] International Business Growth - The international route business has become the core engine of growth, with a focus on expanding the international route network [2] - As of October, Hainan Airlines has opened or restored 16 international routes, with plans to execute 70 international and regional routes by year-end [2] - The international market revenue passenger kilometers increased by 47.79%, and the international passenger transport volume grew by 46.83%, exceeding 3 million passengers [2] Policy and Market Opportunities - The Hainan Free Trade Port policy is providing strong momentum for development, with the company preparing for the full operation of the island by December 2025 [3] - The company is building a composite route network of "domestic express + international transfer" to capture the expected surge in business and tourism demand post-closure [3] - Tax incentives and reduced costs from the free trade policies are expected to enhance the company's operational efficiency and competitiveness [3]