11月27日，中国银行发布公告称，当日召开2025年第四次临时股东大会，会议由董事长葛海蛟主持，3825名股东及代理人出席，持有表决权股份总数达 2678.95亿股，占总股本的83.14%。此次股东大会核心议题为审议2025年中期利润分配方案，最终该方案以99.996829%的高同意票数获得通过。 | 1.出席会议的股东和代理人人数(包括现场出席及通过 网络投票出席) | 3.825 | | --- | --- | | 其中:A股股东人数 | 3, 824 | | H 股股东人数 | 1 | | 2. 出席会议的股东所持有表决权的股份总数(股) | 267. 894. 756. 055 | | 其中:A 股股东持有股份总数 | 225, 356, 959, 864 | | H 股股东持有股份总数 | 42,537,796,191 | | 3. 出席会议的股东所持有表决权股份数占本行有表决权 股份总数的比例(%) | 83. 142283 | | 其中:A股股东持股占股份总数的比例(%) | 69. 940496 | | H 股股东持股占股份总数的比例(%) | 13. 201787 | 根据公告披露的分配方案 ...

Core Viewpoint - Huada Gas Manufacturing Co., Ltd. (referred to as "Huada Gas") has responded to the first round of inquiry letters from the Beijing Stock Exchange, addressing issues related to operational stability, fair pricing of procurement, customer changes in specific sectors, risks of performance decline, and the rationale behind differences in gross profit margins across sales regions [2]. Group 1: Company Overview - Huada Gas was established in 2014 and primarily engages in the research, production, and sales of liquid carbon dioxide, dry ice, ammonia water, and high-purity hydrogen, as well as the sale of liquid ammonia [5]. - The company plans to raise 265 million yuan through its IPO, which will be used for the expansion of high-purity hydrogen production lines, the construction of a gas research and development center, and to supplement working capital [5]. - The company has five co-controlling shareholders, including Vice Chairman Xu Ming and his son Xu Yixiong, Chairman and President Chen Huanzhong and his children, with the Xu family holding 44.51% and the Chen family holding 37.59% of the shares [5]. Group 2: Management and Governance - In case of disagreements between the Xu and Chen families, Xu Ming's opinions will prevail on matters related to research technology, production processes, safety, environmental protection, and quality management, while Chen Huanzhong's opinions will prevail on other matters [5]. - Chen Huanzhong, born in 1968, holds a college degree and has been involved in various roles within the industry, including serving as the Vice President of the Guangdong Industrial Gas Industry Association since December 2019 [5]. - Xu Ming, aged 71, has a bachelor's degree and has held several engineering and managerial positions in the petrochemical industry since 1977, currently serving as the Chief Engineer of R&D at Huada Gas [6].

Group 1 - The core point of the article is that Zhixing Co., Ltd. has signed a listing guidance agreement with Kaiyuan Securities for its planned listing on the Beijing Stock Exchange, marking the company's fourth attempt at listing [2][4] Group 2 - Zhixing Co., Ltd. was established in 2011 and focuses on the research, production, and sales of green environmental protection and low-carbon energy-saving road materials [4] - The company primarily generates revenue through the sale of recycled asphalt mixtures and native asphalt mixtures, as well as providing road paving and maintenance services [4] - In February 2021, the Sichuan Securities Regulatory Bureau accepted Zhixing's application for guidance on listing on the selected layer, with Kaiyuan Securities as the advisory institution [4] - The company has previously terminated its listing guidance agreements twice, first with Kaiyuan Securities in February 2022 and then with Dongguan Securities in March 2024 [4] Group 3 - In the first half of 2025, Zhixing reported revenue of 345 million yuan, a year-on-year increase of 46.57%, and a net profit of 36 million yuan, a year-on-year increase of 78.80% [5] - Despite the revenue growth, the company faces significant financial pressure, with a historical high in accounts receivable and a cash balance of only 41 million yuan compared to 288 million yuan in short-term interest-bearing loans [5]

此外，据媒体报道，华为张平安近日因云业务造假与经济舞弊问题受内部处罚，连降三等，工资向下调整至新职级的最大值，并被严重警告。 华为云服务产品部部长张宇昕、华为云计算全球marketing与销售服务部总裁石冀琳、云计算全球生态部部长康宁也因管理不到位被连降两等。 据多家媒体报道，近日，华为云进行了组织架构调整，任命张平安为华为云董事长，华为存储产品线总裁周跃峰为华为云CEO。 组织方面，华为云研发组织切换到ICT组织下，并成立"基础设施云服务""Data&AI云服务""数据库云服务""安全云服务""HCS"5个领域的云研发产品线。 有接近华为云人士表示，华为对云的战略做了更清晰的定位，一方面，华为云要成为算力黑土地；另一方面，充分利用华为多年积累CT、IT的技术优势， 协同数据中心资源优势，通过软硬芯协同、系统级创新来打造好云平台竞争力。 ...

Core Insights - Zhihu's Q3 2025 total revenue was 659 million yuan, a year-on-year decline of 22% [2] - The net loss for Q3 2025 was 46.7 million yuan, compared to a net loss of 9 million yuan in the same period last year, indicating an expanded loss [2] - Adjusted net loss was 21 million yuan, up from an adjusted net loss of 13.1 million yuan year-on-year [2] Revenue Breakdown - Marketing services revenue for Q3 2025 was 189 million yuan, down 26.6% year-on-year, primarily due to ongoing optimization of service product offerings [4] - Paid membership revenue was 386 million yuan, a decrease of 16.1% year-on-year, attributed to a decline in average monthly subscription members [4] - Other revenues, including vocational education and consumer goods, totaled 83.9 million yuan, down 34.96% year-on-year, mainly due to strategic optimization in Zhihu's vocational training business [4] Expense Analysis - Total operating expenses for Q3 2025 were 503.5 million yuan, a decrease of 19.4% year-on-year [4] - Sales and marketing expenses were 330 million yuan, down 14.9% year-on-year, due to more restrained promotional spending and reduced personnel-related expenses [4] - R&D expenses were 114 million yuan, a significant decrease of 36.2% year-on-year, reflecting improved R&D efficiency [4] Membership and Financial Position - The average monthly subscription members reached 14.3 million, an increase of 8.1% quarter-on-quarter [5] - As of September 30, 2025, Zhihu's cash and cash equivalents, along with short-term investments, amounted to 4.5832 billion yuan [5] - Zhihu repurchased 31.1 million Class A ordinary shares for a total price of 66.5 million USD under its existing share repurchase plan [5] Management Commentary - The CFO of Zhihu stated that the non-GAAP operating loss narrowed by 16.3% year-on-year, reflecting strict cost management and improved operational efficiency [5] - The company aims to strengthen commercial resilience and explore new revenue models, leveraging its strengths in content quality, creator professionalism, and AI-driven innovation [5] Operational Challenges - Zhihu experienced three outages in the second half of the year, with one incident causing significant disruption across both web and mobile platforms, leading to widespread user complaints [6][7] - The CTO of Zhihu resigned for personal reasons on September 30, 2025, and as of November 28, 2025, no announcement regarding a successor has been made, indicating a potential vacancy in this critical role [7]

2023年6月，因"个人健康原因"，王慧文申请辞去美团董事。同月，美团宣布约20.65亿元收购"光年之外"100%权益。 2023年8月，王慧文退出光年之外股东。2024年4月，王兴发布内部邮件称，王慧文逐步恢复健康，将用部分时间承担美团顾问一职。 | 大大 | | 都在用的商业查询工具 | 查公司 查老板 查关系 查风险 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 国家中小企业发展子基金旗下机构 | 北京光年之外科技有限公司 | | 8 | 天眼一下 | 脂 应用 ▼ | | 基本信息 999+ | | 法律诉讼 2 | 经营风险 1 | | 经营信息 387 | | 公司发展 144 | | 序号 | 变更日期 | 变更项目 | | 变更前 | | | | | 1 | 2025-11-25 | 负责人变更(法定代表 人、负责人、首席代 表、合伙事务执行人等 | 王慧文 | | | | 刘亚平* | | | | 变更) | | | | | | | 2 | 2025-11-25 | 高级管理人员备案(董 事、监事、经理等) ...

Core Points - A dispute has arisen in Changsha, Hunan, where an authorized experience store of Yingshi had its sign removed, allegedly due to an exclusive agreement between the property management and another merchant that prohibits competing brands [2] - Yingshi's sales head for China stated that the company will fully cover all related losses for the affected dealer to protect partner interests [2] - DJI's staff at the Changsha store claimed ignorance of the situation and subsequently ended the call [2] - Local police indicated that the store manager of Yingshi had signed off on the removal, categorizing the incident as a commercial dispute [2] - The property management denied hiring anyone to remove the sign [2] - The Changsha market supervision authority stated that monopolistic behavior must be assessed by the provincial bureau, and the local bureau cannot handle the case, requiring a transfer to the provincial level [2]

近日，乘联分会秘书长崔东树披露了一组数据，10月汽车行业销售利润率仅为3.9%，环比下滑0.5个百分点，创下5年同期最低纪录；1-10月整体利润率为 4.4%，虽略优于2024年，但仍处于历史次低位。 除去宁德时代外，华为智能汽车解决方案的市场占有率同样惊人。数据显示，城区领航辅助领域乾崑智驾的市占率达27.8%，超35万豪华车型领域其市占率 更是高达52.7%。随着2026年与华为合作车型将超80款，车企不得不将更多利润分给技术供应商。 面对困境，部分车企已展开自救。比亚迪累计研发投入超过2200亿元，自研零部件占比达75%，覆盖电池、电机、电控及芯片等关键领域，这也使得比亚迪 三季度毛利率达21.9%，远超行业平均水平。零跑汽车自研比例达65%，今年上半年实现盈利。这种技术自主路线的效果显著。然而，并非所有车企都具备 这样的实力，因此盈利难始终困扰着大部分企业。 从行业整体表现来看，据中国汽车工业协会数据，前10个月我国汽车产销分别完成2769.2万辆和2768.7万辆，同比分别增长13.2%和12.4%，其中新能源汽车 产销分别完成1301.5万辆和1294.3万辆，同比增幅超过30%，新车销量占比达4 ...

争议的核心在于剧情与现实的严重脱节。有网友吐槽"比艾克里里的视频还要魔幻"，更多网友指出，"真实的外卖员被算法和时效裹挟，红灯都不敢多等一 秒，根本没有时间欣赏风景"。 与广告中浪漫化的叙事形成鲜明对比的是，美团近日发布的2025年第三季度业绩报告呈现出严峻态势。报告显示，美团第三季度实现营收955亿元，同比增 长2%；净亏损为186亿元，调整后净亏损为160亿元。 值得一提的是，这是美团上市以来最大幅度季度亏损，主要是由于今年7月以来激烈的"外卖大战"，平台为应对竞争大幅增加了推广、广告及用户激励开 支。 近日，央视与美团合作的外卖员广告短片引发关注和热议。 该短片主要讲述了一位叫阿岚的女生，因厌倦了原本两点一线的平面设计工作，旅居大理成为一名外卖员。 送外卖三个月后，这位女生用攒下的工资奖励自己一台相机，送餐途中欣赏沿途风景，这种"诗和远方"式的剧情，被网友狠批"不食人间烟火"。 ...

业绩方面，2021年至2024年，捷强装备归母净利润分别为3099.48万元、-1742.56万元、-6790.42万元、-2.78亿元。2025年前三季度，该公司实现营收1.69亿 元，同比增长8.07%；归母净利润为-2319.08万元，同比下降146.20%。 经查，捷强装备存在资金管理、合同管理内部控制缺陷，未建立健全财务、会计管理制度。一是2022年9月至2025年3月捷强装备通过职工个人银行卡代收付 相关款项；二是捷强装备于2022年、2023年签订不真实业务合同并发生资金收支往来（未确认收入、成本）；三是捷强装备个别委外研发合同未按合同约定 执行，提前支付款项。 根据相关规定，天津证监局决定对捷强装备采取责令改正的行政监管措施。同时，捷强装备时任董事长、总经理潘峰、时任财务总监徐本友、董事长兼总经 理潘淇靖、财务总监纪滋强被出具警示函。 11月19日，天津捷强动力装备股份有限公司（以下简称"捷强装备"）发布公告称，收到中国证券监督管理委员会天津监管局（以下简称"天津证监局"）出具 的《关于对天津捷强动力装备股份有限公司采取责令改正并对潘峰、徐本友、潘淇靖、纪滋强采取出具警示函措施的决定》。 ...