证券日报网讯 12月17日，科锐国际在互动平台回答投资者提问时表示，公司高度重视中小投资者的权 益保护，严格遵守相关法律法规，坚决反对任何可能损害中小投资者利益的行为。同时，公司也会持续 关注市场动态，积极与投资者沟通，及时、准确、全面地向市场传递公司的战略规划、经营成果及发展 前景，增进投资者对公司价值的理解与认同。公司所有应披露信息均已在指定媒体披露的公告为准，不 存在应披露未披露事项。请投资者理性看待短期股价波动，关注长期价值成长。 （文章来源：证券日报） ...

证券日报网讯12月15日，科锐国际（300662）在互动平台回答投资者提问时表示，公司始终秉持"价值 创造与价值传递并重"的市值管理理念，致力于通过提升企业内在价值来推动公司高质量发展。公司持 续强化主业核心竞争力，通过"技术+平台+服务"生态模式提升经营质量；严格执行限制性股票激励计 划，将高管及核心员工利益与公司长期价值绑定；建立常态化的投资者沟通机制，通过业绩说明会、机 构调研等形式加强市场预期引导。关于控股股东的减持计划，这是股东基于自身资金需求和投资决策进 行的正常行为，不会影响公司长期的经营和发展。公司将持续关注资本市场动态，并适时采取合法合规 措施维护广大投资者权益。未来，公司将持续通过提升经营业绩、优化公司治理、加强信息披露、增强 投资者沟通等多维度推动价值实现。敬请投资者注意投资风险，理性决策。 ...

Core Insights - The report emphasizes two main investment directions for 2026: recovery sectors focusing on profit inflection points and growth sectors targeting high revenue increases [4][19][20] Recovery Sectors - The duty-free sector is showing signs of recovery with favorable policies enhancing consumption, including expanded product categories and improved shopping convenience [4][19] - The hotel industry is expected to see a gradual improvement in RevPAR, with business and leisure demand stabilizing, indicating a potential operational turning point in Q4 or next year [4][19] - The tourism sector remains resilient despite macroeconomic pressures, with increasing travel volumes and government initiatives aimed at boosting consumption in various travel themes [4][19] Growth Sectors - The beauty industry is experiencing intensified competition, with a focus on channel value reconstruction and brand establishment [4][20] - The gold and jewelry sector is witnessing a recovery, driven by new product launches and an increasing focus on high-end market competition [4][20] - The cross-border e-commerce sector is expected to rebound, supported by stable policies and a decrease in shipping costs, with strong demand from the U.S. market [4][20] Key Company Recommendations - For duty-free, China Duty Free Group is recommended for its long-term growth potential, with attention to Wangfujing and Zhuhai Duty Free Group [4] - In the hotel sector, companies like Jinjiang Hotels, Atour, and Huazhu are highlighted for their growth prospects [4] - In tourism, companies such as Three Gorges Tourism and Changbai Mountain are suggested for monitoring acquisition and new business developments [4] - The beauty sector includes recommendations for brands like Maogeping and Proya, focusing on channel strategies [4] - For gold and jewelry, companies like Chow Tai Fook and Lao Pu Gold are recommended for their market positioning [4] - In retail, companies like Yonghui Supermarket and Xinhua Department Store are noted for their recovery potential [4]

Investment Rating - The report rates the industry as "Overweight," indicating a positive outlook for the sector compared to the overall market performance [2]. Core Insights - The report highlights a moderate recovery in consumer spending, with tourism-related prices showing strong performance. The national CPI increased by 0.7% year-on-year in November 2025, reflecting a continued recovery in consumer spending [2][7]. - Hotel prices have shown resilience despite seasonal demand fluctuations, with the average hotel room price maintaining positive growth year-on-year. The RevPAR (Revenue Per Available Room) has only slightly declined, indicating a shift from a volume-driven recovery to a price-stabilized and optimized operational approach [2][8]. - The introduction of REITs (Real Estate Investment Trusts) in the service industry is expected to clarify the asset securitization path for various service sectors, including tourism and hospitality. This initiative aims to revitalize existing assets and improve financial structures [2][22][23]. Summary by Sections 1. Hotel Structure Differentiation and Price Resilience - The hotel industry is experiencing a seasonal decline in occupancy rates, but average room prices remain stable, with an ADR (Average Daily Rate) of 388.8 CNY per night in early December, up 4.3% year-on-year [8][10]. - The RevPAR for the week ending December 6, 2025, was 233 CNY per night, showing only a 0.4% decline year-on-year, indicating a recovery phase focused on price stability and operational efficiency [8][10]. 2. REITs Supporting Asset Securitization in the Service Industry - The newly released REITs project industry scope includes cultural tourism infrastructure and commercial facilities, allowing for a clearer path to asset securitization for hotels and tourist attractions [22][23]. - The report emphasizes that the inclusion of high-quality service industry assets in the REITs framework will enhance cash flow stability and operational efficiency, ultimately benefiting the valuation and investment landscape of the sector [22][24]. 3. Valuation of Key Industry Companies - The report provides a detailed valuation of key companies in the tourism and hospitality sectors, including metrics such as market capitalization and PE ratios, indicating a diverse range of investment opportunities [26]. - Notable companies highlighted for investment consideration include tourism sites like Sanxia Tourism and hotels like Shoulu Hotel and Huazhu [26].

Group 1 - The core viewpoint of the articles highlights that 科锐国际 (Core International) has a closing price of 25.15 yuan, with a PE ratio of 17.08 times, and a total market capitalization of 4.95 billion yuan [1] - The company ranks 10th in the professional services industry, which has an average PE ratio of 57.26 times and a median of 41.13 times [1][2] - The latest financial results show that for the third quarter of 2025, the company achieved a revenue of 10.755 billion yuan, a year-on-year increase of 26.29%, and a net profit of 220 million yuan, a year-on-year increase of 62.46% [1] Group 2 - The main business of the company is providing comprehensive human resource service solutions, including high-end talent search, recruitment process outsourcing, flexible employment, and technical services [1] - On December 11, the company experienced a net outflow of 5.412 million yuan in principal funds, with a total outflow of 31.9891 million yuan over the past five days [1]

Group 1 - The professional services sector experienced a slight decline of 0.01% on the previous trading day, with Core International leading the drop [1] - The Shanghai Composite Index closed at 3909.52, down 0.37%, while the Shenzhen Component Index closed at 13277.36, down 0.39% [1] - A detailed table of individual stock performance within the professional services sector is provided [1] Group 2 - In terms of capital flow, the professional services sector saw a net outflow of 16.4285 million yuan from main funds, while retail funds had a net inflow of 45.7083 million yuan, and individual investors experienced a net outflow of 29.2798 million yuan [2] - A detailed table of capital flow for individual stocks in the professional services sector is included [2]

证券日报网讯 12月9日，科锐国际在互动平台回答投资者提问时表示，公司将持续贯彻执行"四个一"的 基本战略，并在技术创新的浪潮下，不断提升招聘效率与交付质量，探索智能化服务新范式。公司会根 据经营实际，在合规前提下探索多种有效手段进行市值管理，如有相关计划，公司会通过法定信息披露 渠道及时披露。 （编辑 袁冠琳） ...

Mergers and Acquisitions - China Metallurgical Group Corporation plans to sell assets worth 60.676 billion yuan to Minmetals Land and China Minmetals [1] - Shengda Resources intends to acquire 60% stake in Jinshi Mining for 500 million yuan [1] - Honghua Digital Science plans to acquire 49% stake in Shandong Yingkejie for 105 million yuan [1] - Weidi Co., Ltd. is set to acquire controlling stake in Jiangsu Jiuxing Precision Technology [1] Shareholding Changes - PIANO's controlling shareholder is planning a change in control, leading to stock suspension [1] - Tai Long Pharmaceutical's controlling shareholder will change to Jiangyao Holdings, with stock resuming trading [1] - ST Yishite's control will shift to Jingzhou State-owned Assets Supervision and Administration Commission [1] Buybacks and Reductions - Midea Group has completed its share buyback plan with a total amount reaching 10 billion yuan [1] - Helen Zhe plans to repurchase shares worth between 50 million to 100 million yuan [1] - Several companies, including Zhongfu Circuit and Keri International, are planning to reduce their shareholdings by up to 3% [1] Operational Data - Zhongtong Bus reported a sales volume of 1,133 units in November, marking a year-on-year increase of 39.53% [1] - Keming Foods' subsidiary saw a 110.77% year-on-year increase in pig sales revenue in November [2] - Yisheng Co., Ltd. reported a 28.43% decrease in sales revenue from white feather broiler chicks in November, totaling 215 million yuan [2] Major Investments - Cambridge Technology plans to invest 100 million USD in CIG USA to expand high-speed optical module production capacity in North America and Southeast Asia [2] - Zhejiang Rongtai intends to invest approximately 545 million yuan in Thailand for the production of 14,000 tons of mica paper and other products [2] - China Ocean Shipping Company plans to invest 258 million yuan in Shenshan Port Investment Company [2]

中国经济网北京12月9日讯 科锐国际（300662.SZ）昨日晚间披露《关于控股股东计划减持股份的预披露公 告》。 根据公告，控股股东霍尔果斯泰永康达创业投资有限公司（以下简称"泰永康达"）计划于公告披露之日起十 五个交易日后九十个自然日内（2025年12月30日至2026年3月27日）以大宗交易、集中竞价两种方式减持股份 5,904,100股，占科锐国际当期总股本的3%。 其中在任意连续九十个自然日，通过集中竞价方式减持股份的总数不得超过公司股份总数的1%，即不超过 1,968,064股；在任意连续九十个自然日内，通过大宗交易方式减持股份的总数不得超过公司股份总数的2%，即不 超过3,936,127股。减持价格根据市场价格定价交易，且不低于上市公司首次公开发行股票的发行价格。 按上一交易日12月8日公司收盘价26.92元计算，泰永康达拟减持套现合计约158,938,372元。 截至公告披露日，泰永康达持有科锐国际流通股57,897,666股，占科锐国际当期总股本的29.4186%。股份来源 为首次公开发行股票上市前持有的股份。 (责任编辑：魏京婷) 据新浪财经信息，泰永康达最初持股6534.76万股，占总股 ...

Group 1 - Honghua Digital intends to acquire 49% equity of Shandong Yingkejie for 105 million yuan, resulting in full ownership of the company, which specializes in industrial inkjet technology [1] - Xue Ren Group's metal plate fuel cell stack project has passed final acceptance, delivering complete technical documentation and meeting performance requirements [2] - PIANO's controlling shareholder is planning a change in control, leading to a temporary suspension of its stock [3] Group 2 - COSCO SHIPPING Specialised Carriers plans to invest 258 million yuan in Shenshan Port Investment Company, acquiring a 20% stake [4] - Jieshun Technology has won a management project for an underground parking lot, expecting over 70 million yuan in revenue by the end of the contract in 2031 [5] - Aerospace Rainbow is collaborating with Zhongtian Rocket to establish a company focused on artificial weather modification technology with a total investment of 50 million yuan [6] Group 3 - Purun Co. intends to acquire 49% equity of Nuoya Changtian through a combination of shares, convertible bonds, and cash, making it a wholly-owned subsidiary [7] - Dongfang Yuhong plans to sell a commercial property for 10.12 million yuan, expecting a significant asset disposal loss [8] - Tianqi Lithium is applying for designated delivery warehouse qualifications for lithium hydroxide at the Guangzhou Futures Exchange [9] Group 4 - Tianfu Communication is planning to issue H-shares on the Hong Kong Stock Exchange, with details yet to be finalized [10] - ST Yishite's controlling shareholder will transfer 4.18 million shares to Hubei Jingjiang Industrial Investment Group, changing the actual controller to the Jingzhou State-owned Assets Supervision and Administration Commission [11] - Dongwei Technology's directors and key technical personnel plan to reduce their holdings by up to 1.11% of the company's shares [12] Group 5 - Guojin Securities shareholders plan to reduce their holdings by a total of 0.72% of the company's shares [23] - Hongde Co. controlling shareholder and associated parties plan to reduce their holdings by up to 3% [24] - Aopu Mai's restructuring plan to acquire 100% of Pengli Bio has been approved by the exchange [26] Group 6 - Kosen Technology intends to sell 100% of Kosen Medical for 915 million yuan due to challenges in its business environment [28] - Rongsheng Petrochemical's subsidiary plans to transfer 100% of Rongsheng Energy (Zhoushan) to Rongsheng Holdings [29] - Jingji Zhino reported a cumulative sales revenue of 3.464 billion yuan from pig sales in the first 11 months of 2025 [30]