宏景科技：签署5.97亿元智算项目服务合同 5月20日晚，宏景科技（301396）发布公告称，公司与Y公司近日签署了《智算项目服务合同》，由公 司按照Y公司要求向Y公司提供服务器、组网配套服务以及对服务器进行必要的改配服务，并提供算力 服务。合同总金额为5.97亿元（含税），合同期限5年。 资料显示，宏景科技成立于1997年3月，主营业务是在智慧民生、城市综合管理、智慧园区领域，为遍 布各行业的客户提供专业和系统的全流程解决方案。 所属行业：计算机–IT服务Ⅱ–IT服务Ⅲ 威孚高科：控股子公司出资2.2亿元设立合资公司 5月20日晚，威孚高科（000581）发布公告称，公司控股子公司南京威孚金宁有限公司与上海保隆汽车 科技股份有限公司的全资子公司上海保隆汽车科技（安徽）有限公司共同投资设立威孚保隆科技有限公 司，注册资本为4亿元，其中威孚金宁出资2.2亿元，占注册资本的55%。 资料显示，威孚高科成立于1988年10月，主营业务是汽车核心零部件产品的研发、生产和销售。 所属行业：汽车–汽车零部件–底盘与发动机系统 中山公用：超短期融资券和中期票据获准注册 5月20日晚，中山公用（000685）发布公告称，公司 ...

证券代码：603043 证券简称：广州酒家 公告编号：2025-032 A 股每股现金红利0.48元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/5/26 | － | 2025/5/27 | 2025/5/27 | 广州酒家集团股份有限公司2024年年度权益分派实施公告 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： 每股分配比例 差异化分红送转： 否 一、通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 4 月 22 日的2024年年度股东大会审议通过。 二、分配方案 1.发放年度：2024年年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3.分配方案： 本次利润分配以方案实施前的公司总股本568,770,805股为基数，每股派发现 ...

Investment Ratings - The report assigns an "Outperform" rating to multiple companies including Pop Mart, Anta Sports, Haidilao, and others, while Budweiser APAC is rated "Neutral" [1]. Core Insights - The report highlights significant developments in the F&B and designer toys sectors, including the successful IPO of Green Tea Group and strategic investments by Wanda Film and China Ruyi in 52TOYS [2][6]. - Honey Snow Ice City has signed a procurement agreement worth 4 billion RMB with Brazil for coffee beans and other products, indicating a strong international expansion strategy [2]. - Ruixing Coffee plans to establish over 30 Brazilian coffee-themed stores, further enhancing its market presence [2]. - Starbucks has launched a new ready-to-drink tea and coffee series, tapping into the growing beverage market [2]. Weekly Performance Summary - In the F&B sector, notable performers include Guoquan (+22.2%), DPC Dash (+4.7%), and Tongqinglou (+2.3%), while underperformers include CAHGEE and HELENS, both down by 7.7% [3][7]. - In the designer toys sector, MINISO and BLOKS showed strong performance with increases of 12.1% and 11.9% respectively, while Pop Mart had a modest increase of 2.4% [3][7].

研究报告 Research Report 中国可选消费 & 必需消费 China (Overseas) Discretionary & Staples 餐饮及潮玩行业周报 F&B and Designer Toys Sector Weekly Report [Table_yemei1] 观点聚焦 Investment Focus | [Table_Info] | | | | | | --- | --- | --- | --- | --- | | 股票名称 | 评级 | 股票名称 | | 评级 | | 泡泡玛特 | Outperform 现代牧业 | | | Outperform | | 安踏体育 | Outperform 澳优 | | | Outperform | | 百威亚太 | Neutral | 九毛九 | | Outperform | | 海底捞 | Outperform | | | | | 华住酒店集团有限 | Outperform | | | | | 公司 | | | | | | 华润啤酒 | Outperform | | | | | 康师傅 | Outperform | | | | | 中国飞鹤 ...

看完如果有收获，可关注本号，设为星标☆ 冻品上市公司2024"成绩单"揭晓，增长变得愈发罕见，大面积下滑乃至亏损成了新常态。 诚然，增长很难，但实际情况也并未如外界想象的那般糟糕，行业内仍潜藏着诸多积极因素。一起来看下。 28家上市公司，仅8家营收净利双增长 2024年，下滑成了冻品行业新常态。 | | | | | 上市公司营收排行榜 | | | --- | --- | --- | --- | --- | --- | | 序号 | 124 | 营收 (亿元) | 营收同比 | 净利润 (亿元) | 净利润同比 | | | | | 速冻食品上市公司 | | | | 1 | 安井食品 | 151.27 | 7.70% | 14.85 | 0.46% | | 2 | 三全食品 | 66.32 | -6.00% | 5.42 | -27.64% | | 3 | 锅器 | 64.70 | 6.17% | 2.31 | -3.79% | | 4 | 广州酒家 | 51.24 | 4.55% | 4.94 | -10.29% | | 5 | 立高食品 | 38.35 | 9.61% | 2.68 | 266.94% | | ...

Investment Rating - The report assigns an "Outperform" rating to multiple companies including Anta Sports, Pop Mart, Haidilao, and others, while Budweiser APAC is rated "Neutral" [1]. Core Insights - The report highlights the opening of a flagship store for ChaPanda, which sold over 1.5 million cups during the May Day holiday, indicating strong consumer interest [5]. - Borchid Capital sold all its shares in Pop Mart, raising approximately HKD 2.267 billion, reflecting a significant exit after 14 years of investment [5]. - Green Tea Group is set to launch an IPO, offering 168 million shares with an expected listing date of May 16 [5]. - Pop Mart's first magazine sold out in all offline bookstores, showcasing the brand's strong market presence [5]. - U.S. President Trump suggested imposing an 80% tariff on Chinese goods, which could impact the industry [5]. Weekly Performance Summary - In the F&B sector, top performers included ChaPanda (+10.2%), Guoquan (+9.0%), and Super Hi International (+7.0%), while underperformers were Xiabuxiabu (-8.0%), Bawang Chaji (-8.9%), and Naixue's Tea (-9.8%) [6]. - In the designer toys sector, Miniso showed a modest gain of +2.2%, while Pop Mart and Blokees experienced declines of -3.3% and -4.2%, respectively [6].

Investment Rating - The report maintains a "Buy" rating for the company [8]. Core Views - In Q1 2025, the company achieved operating revenue of 1.046 billion yuan, a year-on-year increase of 3.34%, while the net profit attributable to the parent company decreased by 29.86% to 47 million yuan [2][6]. - The company is focused on a strategy of "strong brand in catering, large-scale in food," aiming to build a "big catering, big food, big brand" industrial structure, with plans for new store openings and market expansion nationwide [2][12]. - The company expects net profits attributable to the parent company to be 561 million, 634 million, and 690 million yuan for 2025, 2026, and 2027 respectively, corresponding to PE ratios of 16, 14, and 13 times at the current stock price [2][12]. Summary by Sections Business Performance - The food manufacturing segment showed mixed results, with revenue growth of 0.11% year-on-year. The mooncake series saw a decline of 19.25%, while frozen foods decreased by 3.33%. Other products grew by 4.09%. The catering service business, however, grew by 10.1% year-on-year [12]. - The overall main business revenue increased by 3.76% year-on-year, with direct sales revenue up by 4.28%, while agency and distribution revenue declined by 1.85% [12]. Regional Performance - The company’s food manufacturing business has seen effective expansion outside Guangdong province, with a net decrease of 18 distributors and agents, while the number in Guangdong increased by 37 [12]. Profitability - The gross margin decreased by 4.45 percentage points to 25.36%, while the expense ratio fell by 1.04 percentage points to 18.3%, marking the lowest level for the first quarter in history [12]. - The net profit margin decreased by 2.01 percentage points to 5.95%, a smaller decline compared to the gross margin [12]. Future Outlook - The company is optimistic about its stock option and restricted stock incentive plan, which aims to attract and retain talented management and business personnel, promoting stable development [12]. - The long-term goal is to create a century-old famous brand and build an internationally renowned food group [12].

2025年5月7日 证券研究报告 | 5月投资策略暨五一假期总结 旅游量增价稳半径延长，板块关注政策发力与AI+进展 行业研究 · 行业投资策略 社会服务 投资评级：优于大市（维持评级） | 证券分析师：曾光 | 证券分析师：张鲁 | 证券分析师：杨玉莹 | | --- | --- | --- | | 0755-82150809 | 010-88005377 | 0755-81982942 | | zengguang@guosen.com.cn | zhanglu5@guosen.com.cn | yangyuying@guosen.com.cn | | S0980511040003 | S0980521120002 | S0980524070006 | ◼ 行情回顾：4月社服板块跑赢基准1.42pct，关税扰动下政策促进方向与一季报绩优个股相对领涨，其中A股景区以及教育龙头相对居前，港 股强供应链茶饮龙头领涨。五一假期，港美股市场教育绩优个股与AI+教育主题个股涨幅居前，OTA、酒店受益于出行景气亦收获良好表现。 请务必阅读正文之后的免责声明及其项下所有内容 ◼ 五一假期总结：国内总花费增长8.0%，出游意 ...

2025年5月7日 证券研究报告 | 5月投资策略暨五一假期总结 旅游量增价稳半径延长，板块关注政策发力与AI+进展 行业研究 · 行业投资策略 社会服务 投资评级：优于大市（维持评级） | 证券分析师：曾光 | 证券分析师：张鲁 | 证券分析师：杨玉莹 | | --- | --- | --- | | 0755-82150809 | 010-88005377 | 0755-81982942 | | zengguang@guosen.com.cn | zhanglu5@guosen.com.cn | yangyuying@guosen.com.cn | | S0980511040003 | S0980521120002 | S0980524070006 | 请务必阅读正文之后的免责声明及其项下所有内容 核心观点：旅游量增价稳半径延长，板块关注政策发力与AI进展 ◼ 行情回顾：4月社服板块跑赢基准1.42pct，关税扰动下政策促进方向与一季报绩优个股相对领涨，其中A股景区以及教育龙头相对居前，港 股强供应链茶饮龙头领涨。五一假期，港美股市场教育绩优个股与AI+教育主题个股涨幅居前，OTA、酒店受益于出行景气亦收获 ...

五一小长假，消费者们又"杀"疯了。 文旅部测算数据显示，假期5天全国国内出游3.14亿人次，同比增长6.4%；国内游客出游总花费1802.69亿元，同比增长8.0%。 走出家门，自然要边逛边吃。商务大数据监测显示，今年五一期间，全国重点监测餐饮企业销售额同比增长8.7%。 3.14亿人次出游！餐企销售额增长8.7% "每天步数过万，排队桌数破百"，成了更多人的出游日常。 "9点排队等餐厅10点放号，11点进门吃饭，吃完正好补觉。" "打算在小程序取号，打开发现已经排到了723桌。" "从街头挤到巷尾，人多到喝咖啡都要'罚站'……" | | 业的固有调整,请参销息。 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | ** | | 竺位臭数 | | ii 美团排队 | | × | 当前叫号 | 桌型 | | | | | ·· 排队攻略 | 胡大龙虾,麻辣蒜香,环境佳,服务好,等待也欢 | | A462 | 小桌 | A462请就餐 | | 880 | | | 畅! 5 | | | (1-3人) | | | | | ...