证券代码：600861 证券简称：北京人力公告编号：临2025-024号 ■ 北京国际人力资本集团股份有限公司 关于公司高级管理人员离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 北京国际人力资本集团股份有限公司（以下简称"公司"）董事会于2025年7月28日收到程金刚先生的书 面辞职报告。程金刚先生因工作安排调整，申请辞去公司副总经理职务。辞职后，程金刚先生仍担任公 司子公司北京外企人力资源服务有限公司党委书记及董事职务。 一、高级管理人员离任情况 (一)提前离任的基本情况 （文章来源：上海证券报） (二)离任对公司的影响 截至本公告披露日，程金刚先生未持有公司股票，与公司董事会不存在任何意见分歧，不存在应当履行 而未履行的承诺事项，其已按照公司相关制度进行工作交接和安排，程金刚先生的离任不会影响公司的 正常生产经营。程金刚先生在担任公司副总经理期间勤勉尽责、恪尽职守，公司董事会对程金刚先生在 任职期间的辛勤付出和作出的贡献表示衷心感谢！ 特此公告。 北京国际人力资本集团股份有限公司董事会 202 ...

证券日报网讯7月29日晚间，北京人力（600861）发布公告称，公司董事会于2025年7月28日收到程金刚 先生的书面辞职报告。程金刚先生因工作安排调整，申请辞去公司副总经理职务。辞职后，程金刚先生 仍担任公司子公司北京外企人力资源服务有限公司党委书记及董事职务。 ...

证券代码：600861 证券简称：北京人力 公告编号：临 2025-024 号 | | | | 原定任期 | | 是否继续在公 | | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 离任职务 | 离任时间 | 到期日 | 离任原因 | 司及其控股子 公司任职 | 具体职务 | 毕的公开 | | | | | | | | | 承诺 | | 程金刚 | 副总经理 | 2025 年 7 | 2025 年 11 | 工作安排 | 是 | 公司子公 | 否 | | | | 月 28 日 | 月 29 日 | 调整 | | 司党委书 | | | | | | | | | 记、董事 | | (二) 离任对公司的影响 北京国际人力资本集团股份有限公司 关于公司高级管理人员离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 北京国际人力资本集团股份有限公司（以下简称"公司"）董事会于 2025 年 7 月 28 日收到程金刚先生的书面 ...

Investment Rating - The industry investment rating is "Overweight" indicating that the industry is expected to outperform the overall market [2][11]. Core Insights - The report highlights a significant differentiation in performance across various sectors within the social services industry, particularly in tourism and hospitality, driven by changing consumer behaviors and economic conditions [3][4]. - The hotel industry is transitioning from a rapid growth phase to a more competitive environment, with a notable increase in the number of hotels and rooms available [3][4]. - The demand for duty-free shopping is anticipated to grow due to global economic recovery and consumption upgrades, despite some companies facing revenue declines [3][4]. Summary by Relevant Sections Tourism Attractions - Jiuhua Tourism is projected to achieve a 22% increase in revenue and a 28% increase in net profit for H1 2025. Huangshan Tourism is expected to generate revenue of 911 million yuan, a 9% increase year-on-year, with a net profit of 149 million yuan, up 13% [3][4]. - Changbai Mountain is forecasted to see a 7.48% decrease in revenue, with a net loss of 2 million yuan, marking a 110% decline [3][4]. - Tianmu Lake is expected to report a 5% revenue increase to 277 million yuan and a 9% rise in net profit to 58 million yuan [3][4]. Hotel Industry - Huazhu is expected to generate 11.66 billion yuan in revenue for H1 2025, a 2% increase, with a net profit of 2.04 billion yuan, up 18% [3][4]. - Shoulv Hotel is projected to see a 4% decline in revenue to 3.59 billion yuan, while net profit is expected to rise by 9% to 391 million yuan [3][4]. - Atour Hotel anticipates a 30% revenue increase to 4.24 billion yuan and a 16% rise in net profit to 653 million yuan [3][4]. Exhibition & Human Resource Services - The report notes increasing competition in the domestic market, with companies like Miao Exhibition expected to achieve a 9% revenue increase to 284 million yuan, despite a significant drop in net profit [3][4]. - Beijing Human Resources is projected to see a 6% revenue increase to 23.29 billion yuan, with a substantial 81% rise in net profit to 785 million yuan [3][4]. Duty-Free Sector - China Duty-Free is expected to report a 9% decline in revenue to 28.58 billion yuan and a 14% decrease in net profit to 2.84 billion yuan [3][4]. - Wangfujing is projected to see an 18% decline in revenue to 4.95 billion yuan, with a 73% drop in net profit to 80 million yuan [3][4]. Investment Recommendations - The report suggests focusing on companies in various sectors: 1. Exhibition and events: Lansheng Co., Lisheng Sports, Miao Exhibition 2. Human resources: Beijing Human Resources, Keri International 3. Tourism: Changbai Mountain, Jiuhua Tourism, Huangshan Tourism, Songcheng Performing Arts, Tianmu Lake 4. Hotels: Shoulv Hotel, Huazhu, Atour 5. Duty-free: China Duty-Free, Wangfujing [3][4].

Core Viewpoint - Beijing International Human Capital Group Co., Ltd. expects a significant increase in net profit for the first half of 2025, projecting a rise of over 50% compared to the same period last year [2][4]. Financial Performance Summary - The company anticipates a net profit attributable to shareholders ranging from 690 million to 880 million yuan, an increase of 256.13 million to 446.13 million yuan compared to the previous year [2][4]. - The projected net profit after deducting non-recurring gains is expected to be between 280 million and 330 million yuan, with an increase of 3.49 million to 53.49 million yuan compared to the previous year [2][4]. Previous Year Performance Comparison - In the same period last year, the total profit was 802.75 million yuan, with a net profit attributable to shareholders of 433.87 million yuan, and a net profit after deducting non-recurring gains of 276.51 million yuan [6]. Reasons for Performance Increase - The growth in performance is attributed to the company's focus on major clients, enhancement of product specialization and service capabilities, and improved cost management leading to increased operational efficiency [8]. - Additionally, the sale of a wholly-owned subsidiary in the first quarter of 2025 contributed significantly to the net profit through non-recurring gains [8].

[Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company forecasts a substantial increase in its 2025 first-half performance, with net profit attributable to shareholders projected between 690 million and 880 million yuan, and non-recurring adjusted net profit between 280 million and 330 million yuan 2025 Semi-Annual Performance Forecast | Indicator | Estimated Amount (RMB in millions) | Increase Compared to Prior Period (RMB in millions) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | 690.00 - 880.00 | 256.13 - 446.13 | | Net Profit After Deducting Non-recurring Gains and Losses | 280.00 - 330.00 | 3.49 - 53.49 | - The forecast period for this performance pre-announcement is from January 1, 2025, to June 30, 2025[2](index=2&type=chunk) - These performance forecast figures are unaudited by a certified public accountant[5](index=5&type=chunk) [Prior Period Performance Review](index=2&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E5%92%8C%E8%B4%A2%E5%8A%A1%E7%8A%B6%E5%86%B5) The announcement provides prior period financial data for comparison, including net profit attributable to shareholders of 433.87 million yuan, non-recurring adjusted net profit of 276.51 million yuan, and earnings per share of 0.7664 yuan 2024 Semi-Annual Key Financial Data | Indicator | Amount (RMB) | | :--- | :--- | | Total Profit | 802.75 million yuan | | Net Profit Attributable to Shareholders of Listed Company | 433.87 million yuan | | Net Profit After Deducting Non-recurring Gains and Losses | 276.51 million yuan | | Earnings Per Share | 0.7664 yuan/share | [Main Reasons for Performance Increase](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%A2%9E%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The current period's performance growth is primarily driven by two factors: robust growth in core businesses through key client expansion, enhanced service capabilities, and cost reduction, alongside significant non-recurring investment income from the sale of a wholly-owned subsidiary - Core business growth drivers include the company's focus on expanding **key client relationships**, enhancing **product specialization and service capabilities**, and implementing comprehensive **cost reduction and efficiency improvement measures** to boost operational efficiency[8](index=8&type=chunk) - Non-recurring gains resulted from the company's sale of its 100% equity in wholly-owned subsidiary 'Beijing Chengxiang Huangsi Commercial Building Co., Ltd.' in the first quarter of 2025, which recognized investment income with a **significant positive impact on net profit**[8](index=8&type=chunk) [Risk Warning and Other Notes](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA%E5%8F%8A%E5%85%B6%E4%BB%96%E8%AF%B4%E6%98%8E%E4%BA%8B%E9%A1%B9) The company states there are no significant uncertainties affecting the accuracy of this performance forecast, while reminding investors that these preliminary, unaudited figures will be superseded by the officially disclosed 2025 semi-annual report - The company confirms the absence of significant uncertainties that could impact the accuracy of this performance forecast[9](index=9&type=chunk) - Investors are advised that the forecast data represents preliminary calculations and is unaudited, with the final accurate financial figures to be based on the company's officially disclosed 2025 semi-annual report[9](index=9&type=chunk)[10](index=10&type=chunk)

Core Viewpoint - Beijing Renli (600861) expects a significant increase in net profit for the first half of 2025, projecting a range of 690 million to 880 million yuan, which represents an increase of over 50% year-on-year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 690 million to 880 million yuan for the first half of 2025, an increase of 256 million to 446 million yuan compared to the previous year [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 280 million and 330 million yuan, with an increase of 3.491 million to 53.491 million yuan year-on-year [1]

Investment Rating - The report maintains an "Outperform" rating for the industry, indicating a positive outlook for investment opportunities [2]. Core Insights - The human resources service industry demonstrates full-cycle growth capabilities, with steady growth during downturns and potential for rapid expansion during upturns. The industry is still in its early stages, with significant growth potential and currently low valuation levels for many listed companies [2][4]. Summary by Sections 1. Industry Overview - The human resources service industry encompasses a wide range of services aimed at balancing the supply and demand of human capital, including recruitment, career guidance, outsourcing, and consulting [11][12]. 2. Current Development Status - The market concentration is low, with a significant presence of flexible employment models indicating a blue ocean market. The industry has shown a compound annual growth rate (CAGR) of 12.91% from 2016 to 2023, with revenues expected to exceed 3 trillion RMB by 2025 [26][38]. 3. Future Industry Outlook - The industry is expected to benefit from economic, social, and technological changes, with a notable increase in demand for labor in the tertiary sector. The labor supply is projected to decrease, leading to higher employment costs, which will enhance the penetration of flexible employment and digital human resources solutions [59][66].

Group 1 - The report emphasizes that service consumption has become a core strategy for expanding domestic demand in 2025, with significant potential for growth in China compared to developed economies like the US and Japan [4][8][28] - The report highlights that China's per capita GDP has surpassed $10,000, marking a critical window for the rapid development of service consumption, particularly in entertainment and leisure sectors [4][30][32] - Key measures to boost service consumption include increasing residents' income, enhancing leisure time, and encouraging high-quality service supply [4][8][28] Group 2 - The tea beverage industry is identified as having substantial growth potential, with a rational increase in store numbers and a shift towards emotional value for consumers, particularly among younger demographics [9] - The restaurant industry is expected to see steady growth, with a focus on government subsidies and an increase in chain operations, indicating a structural differentiation between mass and high-end markets [10] - Meituan is noted for its strategic investments in ecosystem development, maintaining a competitive edge despite short-term market fluctuations [11] Group 3 - The education sector is experiencing a concentration of market share among high-quality institutions, driven by regulatory changes and a persistent demand for K12 education [12] - The human resources industry is undergoing structural recovery, with a focus on AI applications to enhance efficiency and reduce costs [13] - The tourism sector is benefiting from policy-driven support and accelerated industry consolidation, with a notable increase in domestic travel demand [14] Group 4 - The hotel industry is facing a slowdown in supply growth, with leading hotel groups adjusting their operations to maintain competitive performance [14] - The duty-free sector is showing signs of recovery, with a stabilization in average transaction values and a narrowing decline in sales, supported by product diversification and new channel expansions [15]

Core Viewpoint - The current job market is active due to the graduation season, prompting various associations and organizations to issue a joint initiative aimed at regulating the recruitment market and combating "black intermediaries" to ensure a fair and trustworthy environment for both job seekers and employers [1] Group 1 - Various associations, including Beijing Human Resources Service Industry Association and Shanghai Talent Service Industry Association, have released a joint initiative [1] - The initiative aims to strengthen industry self-discipline and promote a healthy and orderly development of the human resources service industry [1] - The focus is on protecting the legitimate rights and interests of workers and employers [1]