当深圳以"中国硅谷"之姿崛起为全球科创高地，香港作为全球第三大金融中心的资本势能，恰好可以为 技术产业化提供关键跃迁能量——这种"科技+金融"的耦合，不仅是两地优势的物理叠加，更是国家构 建"双循环"格局的关键落子。 这场聚焦新质生产力与国际资本对接的行业盛会，犹如一场精准"把脉"，为深圳乃至全国的企业赴港上 市问诊难点、开方破局，更以深港协同创新勾勒出资本市场服务实体经济的全新范式。 助力全球拓航 跑出广阔新天地 2025年5月15日—5月16日，在中共深圳市委金融委员会办公室、深圳市中小企业服务局的指导下，福田 区政府、河套深港科技创新合作区深圳园区发展署特别支持下，证券时报社联合香港公司治理公会，深 圳市金融稳定发展研究院成功举办"潮起香江 聚势共赢——深港资本市场融合发展与赴港上市专题研讨 会"（简称研讨会）。 近年来，港股市场持续深化上市制度改革，构建起多元包容的投融资生态体系，已然成为内地企业迈向 国际舞台的关键跳板与战略支点。"时代浪潮奔涌向前，深港融合正当其时。"证券时报社党委委员、副 社长高玉梅在研讨会致辞中表示，通过港股平台，企业可直面全球投资者，以ESG实践重塑品牌价值， 以透明化运作赢 ...

在当前快速变化的消费市场中，消费品企业正面临供应链困局：如何破解全渠道库存分散、周转低效的 难题？怎样应对旺季爆仓、淡季积压的两难处境？在全球化布局中，又该如何构建敏捷响应的智能供应 链？ 在第137届广交会上，顺丰基于服务百万家消费品的深厚积累，带来韧性、智能、全球化的供应链服 务。 消费品供应链面临三大挑战 在渠道多元化、消费个性化、市场全球化的新商业环境下，传统供应链模式已难以满足企业发展需求， 企业在供应链运营中存在几大核心痛点： 全渠道库存管理难题日益凸显。消费品企业具有SKU数量多、销售渠道分散、市场区域广的特点。这种 多维度运营模式导致库存资源碎片化，调拨响应迟缓，"有货难卖"与"无货可卖"的矛盾现象并存，不仅 造成资源浪费，更直接影响销售转化率和客户满意度。 供应链弹性不足的问题亟待解决。企业既要维持日常运营的稳定供给，又要应对618、双11等大促期间 的爆发性需求。传统供应链体系刚性较强，难以在效率与弹性之间取得平衡，容易顾此失彼，影响整体 运营效益。 数字化程度滞后制约发展。当前，许多企业仍停留在依靠人工经验预估库存、被动发现异常、事后补救 决策的初级阶段。缺乏智能化的预警机制和动态响应能 ...

转自：前瞻产业研究院 行业主要上市公司：九州通(600998)、国药控股(01099)、京东物流(02618)等; 本文核心数据：中国医药冷链物流行业市场规模 2024年中国医药冷链物流行业市场规模约280亿元 医药冷链物流行业即为冷藏冷冻类、易腐类医药产品在生产、加工、储藏、运输、配送、销售等过程， 一直到消费者的各个环节中始终处于特定的温度范围，以保证医药品质量，同时降低储运损耗，控制时 间，节约成本的系统工程。2024年中国医药冷链物流行业市场规模约280亿元，近五年行业复合增速 14.84%。 细分产品市场 医药冷链物流分为IVD领域、血液制品、疫苗领域和其他。根据中物联医药物流分会数据显示，根据数 据显示，2023年IVD类冷链物流市场和疫苗类冷链物流市场是中国医药冷链物流行业最大的两个细分产 品市场，占比分别达到27%和13%。 产业竞争 中国医药冷链物流领先企业主要有九州通、国药控股、华润医药商业集团等，企业具体布局情况如下： | 企业名称 | 简介 | 布局情况 | | --- | --- | --- | | | 九州通为科技驱动型的全链医 医药流通、物流服务及医疗健康 等大健康行业,主营业务 ...

保险 中国太保 队 中国人保 中国平安 ■《》 3608.68亿市值 3198.76亿市值 9747.94亿市值 7.70亿成交额 15.63亿成交额 8.21亿成交额 53.53 33.25 8.16 -0.79(-2.32%) -0.72(-1.33%) -0.12(-1.45%) 酸酒行业 贵州茅台 山西汾酒 五粮液 20338.97亿市值 2513.98亿市值 5121.78亿市值 19.61亿成交额 11.13亿成交额 3.58亿成交额 1619.09 131.95 206.07 -12.92(-0.79%) -3.43(-1.64%) -1.72(-1.29%) 半导体 北方华创 寒武纪-U XD海光信 HYGON 2297.76亿市值 2790.28亿市值 3201.78亿市值 14.68亿成交额 12.73亿成交额 6.45亿成交额 430.15 668.40 137.75 +1.25(+0.29%) -8.60(-1.27%) -4.19(-2.95%) 汽车整车 铁路公路 比亚迪 长城汽车 京沪高铁 11783.98亿市值 2020.91亿市值 2916.93亿市值 2.23亿成交额 52 ...

Investment Rating - The report maintains a "Positive" investment rating for the transportation industry [1] Core Insights - The transportation industry is experiencing a steady demand increase despite price reductions, maintaining a healthy dividend [1] - The express delivery sector is facing intensified price competition, leading to operational divergence among companies, while direct-operated express companies are achieving stable growth [4][10] - The aviation sector is under pressure due to increased passenger volume but reduced ticket prices, with a slow improvement in supply-demand relationships [4][52] - The highway sector is seeing a recovery in traffic volume, resulting in profit restoration for most leading companies [4][59] - The shipping industry is experiencing mixed performance, with container shipping under pressure from external trade policies, while oil shipping is recovering [4][59] - The shipbuilding market is facing challenges due to fluctuating demand and pricing pressures [7] - Port operations are stable, with significant growth in cargo throughput [7] - The bulk supply chain is under pressure from weak demand, but leading companies are demonstrating resilience [7][32] Summary by Sections Express Delivery - The express delivery industry saw a year-on-year business volume growth of 21.6% in Q1 2025, exceeding market expectations [14] - Major companies like YTO, Yunda, and Shentong reported business volumes of 6.78 billion, 6.08 billion, and 5.81 billion pieces respectively, with year-on-year growth rates of 21.7%, 23.0%, and 26.6% [14] - The average revenue per package in Q1 2025 decreased by 8.8% year-on-year, indicating ongoing price competition [18] - The single-package profit for YTO, Yunda, and Shentong decreased by 25.3%, 36.7%, and 2.0% respectively [24] Aviation - The aviation sector experienced a 4.9% year-on-year increase in passenger volume in Q1 2025, reaching 186 million passengers [52] - The international passenger volume surpassed the 2019 level for the first time, indicating a recovery in international travel [52] - The average ticket price is under pressure, leading to a decline in unit revenue for major airlines [68] Highways - The highway sector is witnessing a steady recovery in traffic volume, contributing to profit growth for most leading companies [4][59] - Nine out of nineteen listed highway companies reported an increase in dividend yield year-on-year [4] Shipping - The container shipping index decreased by 12% year-on-year due to external trade uncertainties, while domestic shipping showed some recovery [4][59] - The oil shipping market is experiencing a recovery, but the bulk shipping market remains sluggish [4] Ports - Major ports achieved a cargo throughput of 4.222 billion tons in Q1 2025, a year-on-year increase of 3.23% [7] Bulk Supply Chain - The bulk supply chain is facing challenges due to weak demand, but leading companies are adapting through operational optimizations [7][32] Investment Recommendations - The report suggests focusing on leading companies in the express delivery sector, such as ZTO Express, YTO Express, and Shentong Express, due to their stable operations and growth potential [32]

保险 中国太保 队 中国人保 中国平安 01 3710.39亿市值 3306.51亿市值 9913.65亿市值 11.90亿成交额 20.47亿成交额 18.79亿成交额 34.37 8.39 54.44 -0.36(-1.04%) -0.25(-0.46%) +0.15(+1.82%) 酸酒行业 贵州茅台 山西汾酒 五粮液 20559.69亿市值 5212.22亿市值 2574.61亿市值 25.10亿成交额 12.64亿成交额 4.33亿成交额 211.04 134.28 1636.66 +1.67(+0.10%) +0.34(+0.16%) -0.98(-0.72%) 半导体 北方华创 寒武纪-U 海光信息 HYGON 2313.03亿市值 2814.87亿市值 3307.53亿市值 6.62亿成交额 5.68亿成交额 14.31亿成交额 142.30 433.01 674.29 -9.70(-1.42%) -1.92(-1.33%) -3.93(-0.90%) 汽车整车 铁路公路 比亚迪 长城汽车 京沪高铁 11581.58亿市值 2019.19亿市值 2941.48亿市值 51.73亿成交额 3.0 ...

Core Insights - The report highlights a focus on the AI industry chain and robotics, which are expected to initiate a second round of rebound trends [6] - The telecommunications sector shows resilience with continuous revenue and profit growth among the three major operators, indicating a shift from traditional communication services to digital services [7][9] - Industrial Fulian is experiencing steady growth in revenue and profit, driven by optimized product structure and robust performance in cloud computing [11][12] - Demingli is poised for accelerated growth due to significant revenue increases and high-end product breakthroughs in the storage market [14][15] Telecommunications Sector - The three major telecom operators (China Mobile, China Telecom, and China Unicom) achieved revenue of 6,268 billion, 3,282 billion, and 2,613 billion CNY respectively in 2024, with year-on-year growth rates of 0.8%, 3.0%, and 1.5% [7] - The operators are transitioning towards digital services, with cloud revenue exceeding 1,000 billion CNY for each operator, reflecting a shift from "network connection" to "intelligent connection" [7][9] - In 2024, the combined revenue of the three operators surpassed 1.9 trillion CNY, with a net profit of 1,804 billion CNY, marking a year-on-year growth of 3.4% and 5.9% respectively [9] Industrial Fulian - In 2024, Industrial Fulian reported a revenue of 6,091.35 billion CNY, a year-on-year increase of 27.88%, and a net profit of 232.16 billion CNY, up 10.34% [11] - The cloud computing segment achieved a revenue of 3,193.77 billion CNY in 2024, growing by 64.37% and accounting for over 50% of the company's total revenue [12] - The company is focusing on high-performance AI servers, which saw revenue growth exceeding 150% [12][13] Demingli - Demingli's revenue for 2024 reached 47.73 billion CNY, reflecting a significant year-on-year increase of 168.74%, with a net profit of 3.51 billion CNY, up 1,302.30% [14] - The company is expanding its high-end storage product offerings, which are expected to drive rapid growth in both scale and profitability [15][16] - The storage market is anticipated to stabilize and gradually recover in 2025, driven by emerging demands in AI and automotive electronics [16]

本报讯（记者 刘盼盼 魏滢）5月14日，记者从郑州市人社局获悉，由市人社局、教育局、卫健委和 国资委联合主办，市人才交流中心具体承办的郑州市2025年研究生专场招聘会，将于5月16日在郑州市 人才大厦举办。 本报讯（记者 刘盼盼 魏滢）记者昨日从郑州市就业创业服务中心获悉，为搭建校企人才对接桥 梁，助力企业精准引才，5月17日9点至12点，"职"引未来"链"接河南·先进制造业青年就业行动——郑 州综合专场招聘会将在河南牧业经济学院（龙子湖校区）举办，300余家行业龙头企业提供超2万个优质 岗位。 本次活动由河南省人力资源和社会保障厅、河南省工业和信息化厅、河南省教育厅重磅联合权威主 办，由河南省就业创业服务中心、郑州市人力资源和社会保障局、河南省航空港综合试验区组织人事 部、河南牧业经济学院共同承办，搭建专业化、权威性的就业服务平台。 据悉，招聘会定向邀约制造业、信息技术、金融、物流、新媒体等热门行业企业参与，已邀请到富 士康、格力空调、安图生物、上汽、奇瑞、牧原食品、三全食品、金星啤酒、顺丰、圆通、巴奴毛肚火 锅、好莱坞影城等300余家行业龙头企业齐聚，覆盖智能制造、食品加工、生物制药、物流运输、文化 影视 ...

《中国民航报》、中国民航网 记者许晓泓 通讯员刘荣妍、孙静润荣 报道：为贯彻落实民航安全应急管 理要求，提升危险品突发事件应急处置能力，近日，济南机场联合顺丰速运、中国检验认证集团等单 位，聚焦高锰酸钾、双氧水泄漏等应急处置工作，开展危险品泄漏应急救援综合演练。 此次演练不仅是应急处置流程的实战检验，更是安全责任意识的深化提升。从险情发生到运行恢复，各 环节衔接紧密、处置规范，彰显了高效专业的应急管理能力。 济南机场将以此次演练为契机，持续完善危险品运输应急预案，强化全员安全培训，织密安全防护网 络，确保关键时刻拉得出、顶得上、打得赢，为旅客、货主及员工的生命财产安全保驾护航。（编辑： 张彤 校对：李季威 审核：韩磊） （济南机场供图） 演练以"发现泄漏、快速响应"为宗旨，顺丰速运工作人员在分拣作业中发现货物冒烟后，立即启动"双 线报告"机制，同步通知班组长及机场消防火警，现场迅速切断电源、设置隔离带。机场有关工作人员 通过烟感报警与视频监控联动，实时播报疏散指令，确保人员安全撤离。中国检验认证集团应急处置小 组身着全套防护装备进场，经检测确认泄漏物为高锰酸钾和双氧水后，采用吸附中和、专业转移等方式 科学处置 ...

Core Insights - The report highlights a focus on several key stocks, including SF Holding (002352.SZ), Jitu Express (1519.HK), and others, indicating potential investment opportunities in these companies [1] - The report tracks the quarterly movements of "national team" funds, showing an increase in their stock holdings and a preference for the financial sector, while reducing exposure in TMT and real estate sectors [5][6] Company Summaries Jietong Technology - Jietong Technology reported a revenue of 1.579 billion yuan for 2024, a decrease of 4.01% year-on-year, with a net profit of 31 million yuan, down 72.04% [7] - Despite the decline, the "smart + energy-saving" parking industry has significant growth potential, and the company is expected to achieve rapid development through its marketing network and technological innovations [7][8] Hengsheng Electronics - Hengsheng Electronics achieved a revenue of 6.581 billion yuan in 2024, a decrease of 9.6%, with a net profit of 1.043 billion yuan, down 26.8% [12] - The company faces short-term performance pressure but is expected to benefit from the digital transformation in finance and the release of incremental demand due to AI technology enhancements [12][15] Industry Performance - The banking sector showed a positive growth of 1.52%, while the defense and military industry declined by 3.07% [4] - The computer and electronic sectors also experienced declines of 0.80% and 0.64%, respectively, indicating a challenging environment for these industries [4]