来源：智趣财经社 数据显示，截至2025年7月28日，景顺长城新兴成长A年内净值增长率落后沪深300指数6个百分点，近 三年累计跌幅接近30%。这种表现与刘彦春上一轮牛市期间"三年翻两倍"的辉煌形成鲜明对比。更令投 资者焦虑的是，基金总份额已跌至2020年底以来的最低点，部分长期持有人选择用脚投票。 在基金持有人最需要信心支撑的时刻，景顺长城基金管理人的态度显得尤为微妙。二季报中"基金管理 人本期未运用固有资金投资本基金"的表述，虽属合规披露范畴，却在投资者群体中引发轩然大波。 对比其他头部公募在市场低点纷纷宣布自购，景顺长城的"零投入"被解读为对产品后市表现缺乏信心。 尽管基金公司回应称"自有资金投资需遵循合规流程"，但市场情绪已受到明显影响。 刘彦春在季报中的表述则延续其一贯的"宏观叙事"风格："内需不足、物价低位运行的时间比我们预期 的更长，但我们对经济发展前景始终信心十足。"他进一步解释称，一旦资产价格全面企稳，居民超额 储蓄释放和海外资金回流将带动内需复苏。这种"等待明确信号"的策略，在专业投资者看来存在双重风 险：既可能错过阶段性反弹机会，又可能因净值持续低迷导致持有人流失。 值得注意的是，刘彦春 ...

2025-2031全球及中国智能宠物自动饮水器行业环境评估及前景动态分析报告 1.1 智能宠物自动饮水器行业概述及统计范围 1.2 按照不同产品类型，智能宠物自动饮水器主要可以分为如下几个类别 【全新修订】：2025年8月 1.2.1 全球不同产品类型智能宠物自动饮水器规模增长趋势2020 VS 2024 VS 2031 【出版机构】：中智信投研究网 【内容部分有删减·详细可参中智信投研究网出版完整信息！】 【免费售后 服务一年，具体内容及订购流程欢迎咨询客服人员 】 报告目录 1 智能宠物自动饮水器市场概述 1.3.3 全智能远程控制型 1.4.3 家庭 1.5 行业发展现状分析 1.4 从不同应用，智能宠物自动饮水器主要包括如下几个方面 1.4.1 全球不同应用智能宠物自动饮水器规模增长趋势2020 VS 2024 VS 2031 1.4.2 商用 1.5.1 智能宠物自动饮水器行业发展总体概况 1.5.2 智能宠物自动饮水器行业发展主要特点 1.5.3 智能宠物自动饮水器行业发展影响因素 1.5.3.1 智能宠物自动饮水器有利因素 1.5.3.2 智能宠物自动饮水器不利因素 1.5.4 进入行业壁垒 2 ...

2025年 家用洗碗机行业词条报告 头豹分类/制造业、头豹分类/制造业/计算机、通信和其他电 子设备制造业、头豹分类/制造业/计算机、通信和其他电子 设备制造业/智能消费设备制造、头豹分类/制造业/计算机、 通信和其他电子设备制造业/智能消费设备制造/服务消费机 器人制造、港股分类法/消费品制造、港股分类法/消费品制 造/家电家用 Copyright © 2025 头豹 家用洗碗机：清洁新范式——技术迭代下的健康洗涤新生态 头豹词条 报告系列 杨 张 沈 杨煜、张栩铭、沈陈昊、胡嘉宝 2025-07-29 未经平台授权，禁止转载 行业分类： 制造业/制造业 制造业/计算机、通信和其他电子设备制造业 制造业/智能消费设备制造 制造业/服务消费机器人制造 消费品制造/消费品制造 消费品制造/家电家用 摘要 家用洗碗机是集化学、机械、热力及电力技术于一体的厨房电器，用于自动化清洗餐具。中国市场渗透率低但潜力大，受消费者认知偏差、产品适配度和房地产市场下行影 响。主要消费群体为年轻消费者，对智能化解决方案高度依赖，嵌入式洗碗机占主导。中国洗碗机行业起步较晚，市场规模逐渐增长但仍面临空间适配与消费认知问题。短 期受房产 ...

证 券 研 究 报 告 家电行业深度研究报告 关税冲击几何？ 推荐（维持） ——美墨加协定下家电企业的风险评估和应对 行业研究 家电 2025 年 08 月 11 日 华创证券研究所 证券分析师：韩星雨 邮箱：hanxingyu@hcyjs.com 执业编号：S0360525050001 证券分析师：樊翼辰 邮箱：fanyichen@hcyjs.com 执业编号：S0360523080004 证券分析师：陆偲聪 邮箱：lusicong@hcyjs.com 执业编号：S0360525050002 行业基本数据 | | | 占比% | | --- | --- | --- | | 股票家数(只) | 80 | 0.01 | | 总市值(亿元) | 18,510.16 | 1.73 | | 流通市值(亿元) | 16,510.17 | 1.94 | 相对指数表现 《家电行业 2025Q1 基金重仓分析：25Q1 重仓家 电比例下降，两轮车黑电获增配》 2025-05-18 《电动两轮车行业深度研究报告：政策修订供需 共振，格局优化盈利提升》 2024-12-10 证监会审核华创证券投资咨询业务资格批文号：证监许可（2 ...

当前市场对白电行业的关注度较低的原因是什么？ 深度求索系列 - 牛市思维看白电 20250811 摘要 白电龙头企业估值处于历史低位，低于 2010 年以来的 1/3 分位数，与 沪深 300 指数估值上升形成对比，美的、格力、海尔等市盈率均有所下 降，存在估值修复空间。 白电行业未来增长主要驱动力来自海外市场，尤其是在亚非拉等新兴市 场，中国家电企业通过渠道拓展和品牌形象优化，有望持续提升市场份 额，实现全球可持续增长。 白电龙头企业现金资产充裕，占总资产比例较高，具备提升现金分红和 股息率的能力和动机，在中长期国债利率下降的背景下，高股息率资产 配置逻辑将增强。 尽管短期内存在景气度边际回落的担忧，但回顾历史牛市，白电子板块 仍具备补涨机会，当前公募新规和险资入市背景下，资金面对白电子板 块配置性价比仍然较高。 白电企业在泰国的产能扩张长期来看有利于全球稳定扩张，尽管盈利增 速存在周期性波动，但长期增长趋势稳定可靠，过去 20 年业绩表现验 证了这一稳定性。 Q&A 当前市场对白电行业关注度较低，主要是因为投资者普遍认为白电具有强大的 逆周期调节能力。在经济下行周期中，白电龙头企业能够提升市场份额，并且 ...

Investment Rating - The report maintains an "Outperform" rating for the home appliance industry [6][4]. Core Viewpoints - Retail demand in July for home appliances remains strong despite the seasonal downturn, with air conditioning retail sales growing over 30% [1][18]. - The decline in home appliance exports has narrowed to 3% in July, with expectations for a return to stable growth as tariff policies ease [2][29]. - The U.S. housing market shows resilience, with expectations for recovery following anticipated interest rate cuts by the Federal Reserve in 2024, which could positively impact home appliance demand [3][34]. Summary by Sections 1. Key Recommendations - Recommended companies include Midea Group, Gree Electric Appliances, Haier Smart Home, TCL Smart, and Hisense Home Appliances for white goods; Boss Electric for kitchen appliances; and Bear Electric, Roborock, and Ecovacs for small appliances [4][12][13]. 2. Retail and Export Performance - July retail performance shows strong growth in air conditioners (+39.4% online, +36.5% offline), washing machines (+21.6% online, +15.7% offline), and significant growth in small kitchen appliances like rice cookers (+17.6% online, +12.0% offline) [1][18]. - Home appliance exports in July reached 59.55 billion yuan, a 3% year-on-year decline, with a slight increase in export prices [2][29]. 3. Market Data Tracking - The home appliance sector achieved a relative return of +1.14% this week, outperforming the broader market [42]. - Raw material prices for copper and aluminum increased by 1.1% and 2.5% respectively, while cold-rolled steel prices rose by 0.8% [45][56]. - Shipping indices for routes to the U.S. and Europe showed a decline, indicating potential cost pressures in logistics [57]. 4. Company Earnings Forecasts - Earnings per share (EPS) estimates for key companies include Midea Group at 5.62 yuan for 2025, Gree Electric at 6.34 yuan, and Haier Smart Home at 2.26 yuan [5][67].

Summary of Key Points Core Viewpoint - The report highlights the compensation trends of CFOs in A-share listed companies for 2024, indicating a total salary pool of 4.27 billion yuan and an average salary of 814,800 yuan, with significant variations across industries and individual companies [1]. Group 1: Compensation Overview - The total compensation for CFOs in A-share listed companies in 2024 is 4.27 billion yuan, with an average salary of 814,800 yuan [1]. - In the machinery and automation equipment sector, the average salary for CFOs is approximately 779,700 yuan, with the highest being 2.37 million yuan for Wang Xia from Huagong Technology and the lowest being 152,500 yuan for Chen Zhen from Oke Technology [1]. - The majority of CFOs (59%) earn between 500,000 and 1 million yuan, totaling 44 individuals [1]. Group 2: Age Structure - The average age of CFOs is approximately 47.16 years, with the largest age group being 40-49 years, comprising 32 individuals (about 43%) [3]. - The oldest CFO is Wang Xuxia from Ruisheng Intelligent at 61 years old, earning 269,300 yuan, while the youngest is Chen Zhen from Oke Technology at 29 years old, earning 152,500 yuan [3]. Group 3: Educational Background - The educational distribution of CFOs includes 1 PhD, 25 Master's degrees, 38 Bachelor's degrees, and 10 with lower qualifications, with average salaries of 1.97 million yuan, 953,000 yuan, 683,000 yuan, and 598,400 yuan respectively [5]. - Tian Huachen from Yingweiting, holding a PhD, earns 1.97 million yuan, while Xu Xuhua from Changfu shares a secondary vocational education and earns 591,800 yuan [5]. Group 4: Performance and Compensation Relationship - There are instances of salary increases for CFOs despite significant declines in company profits, indicating a disconnect between compensation and performance [7]. - For example, Wang Lijie from Yijiahe saw a salary increase of 66% to 789,400 yuan, while the company's net profit plummeted by 2069% [7]. - Similar trends are observed with other companies, such as Tianzhong Precision and Aiston, where CFOs received salary increases despite drastic profit declines [7]. Group 5: Compliance and Violations - A total of 8 CFOs received warnings or public notifications for compliance issues in 2024-2025 [7]. - Specific cases include Zhang Lu from Dongjie Intelligent, who received 3 warnings and earned 602,000 yuan, and Yu Yonghua from Chuangshiji, who received 2 warnings with a salary of 1.59 million yuan [8][9]. - Violations included inaccurate financial disclosures and improper accounting practices, affecting the integrity of financial reporting [9].

Core Insights - The total compensation for CFOs in A-share listed companies reached 4.27 billion yuan in 2024, with an average salary of 814,800 yuan [1] - The average salary for CFOs in the machinery and automation equipment sector is approximately 779,700 yuan, with the highest being 2.37 million yuan and the lowest at 152,500 yuan [1] - The age distribution shows an average age of 47.16 years for CFOs, with the majority aged between 40-49 years [3] Salary and Education - The educational background of CFOs includes 1 PhD, 25 Master's degrees, 38 Bachelor's degrees, and 10 with lower qualifications, with corresponding average salaries of 1.97 million yuan, 953,000 yuan, 683,000 yuan, and 598,400 yuan respectively [5] - The highest-paid CFO with a PhD is Tian Huachen from Invt, earning 1.97 million yuan [5] Performance and Compensation Relationship - There are instances of salary increases for CFOs despite significant declines in company profits, such as Wang Lijie from Yijiahe, whose salary rose by 66% while the company's net profit plummeted by 2069% [7] - Eight CFOs received warnings or public notifications regarding compliance issues in 2024-2025 [7] Compliance Issues - Specific CFOs faced multiple warnings, such as Zhang Lu from Dongjie Intelligent, who received three warnings and had a salary of 602,000 yuan [8] - Yuyonghua from Chuangshiji received two warnings, with a salary of 1.59 million yuan, due to inaccuracies in revenue recognition and disclosure [9]

登录新浪财经APP 搜索【信披】查看更多考评等级 从年龄结构来看，财务总监CFO的年龄平均数约为48.23岁，其中45-49岁最多，人数共9人，占比约41%。其中，年龄最大的为国缆检测褚晓 平，年龄为55岁，大专学历，2024年薪酬为61万元；年龄最小的为科锐国际尤婷婷，年龄为40岁，2024年薪酬为101.40万元。 专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市 公司财务总监CFO群体薪酬规模合计达42.70亿元，平均年薪为81.48万元。 分行业来看，社会服务-专业服务行业（申万二级行业）上市公司财务总监CFO 2024年薪酬平均数约为73.14万元。其中薪酬最高为安邦护卫 诸葛斌，2024年薪酬高达143.75万元；薪酬最低为实朴检测周慧清，2024年薪酬为21.61万元（统计剔除了未完整领取2024年全年薪酬的财务 总监CFO）。从整体薪酬分布来看，薪酬在50-100万元人数最多，共计14人，占比64%。 从公司业绩及薪酬 ...

盈峰环境王庆波收到2次警示函，然而其2024年薪酬却高达119.98万元，为行业第四，较2023年上涨39.88万元，涨幅达50%。其违规事项为将募集资金用于支付非募投项目支出，并存在募集 碧兴物联（维权）王进收到1次警示函，其2024年薪酬为57.41万元。其违规事项包括未更新半年度业绩预计数据或对实际业绩与原预计情况的差异进行充分的风险提示、未及时披露订立重大合 责任编辑：公司观察 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平 分行业来看，环保-环保设备II行业（申万二级行业）上市公司财务总监CFO 2024年薪酬平均数约为67.58万元。其中薪酬最高为龙净环保（维权）丘寿才，2024年薪酬高达155万元；薪酬最 从年龄结构来看，财务总监CFO的年龄平均数约为46.9岁。其中，年龄最大的为皖仪科技周先云，年龄54岁，学历大专，2024年薪酬为46.18万元；年龄最小的为盛剑科技郁洪伟，年龄37岁 从学历分布来看，博士、硕士、本科、大专分别为1人、5人、11人及4人 ...