Core Viewpoint - The announcement of a strategic cooperation agreement between New World (301277) and Nanjing Zhihe Pharmaceutical Technology Co., Ltd. focuses on the development and commercialization of GLP-1 long-acting peptide innovative drugs, which is seen as a significant step for the company's innovation business development [1]. Group 1: Partnership Details - New World and Zhihe Pharmaceutical will collaborate on the research, production, commercialization, and external transactions of target molecules and products in the GLP-1 long-acting peptide innovative drug field [1]. - The agreement includes a profit-sharing model based on product revenue and net sales [1]. - A joint committee will be established to manage all activities related to the cooperation project [1]. Group 2: Strategic Importance - The signing of the agreement is considered an important measure for the company's long-term development and is expected to have a positive impact [1]. - The collaboration aims to leverage the resources and strengths of both companies to develop GLP-1 long-acting peptide innovative drugs, providing better options for patients with metabolic diseases [1].

Core Viewpoint - The company has signed a cooperation and licensing agreement with Nanjing Zhihe Pharmaceutical Technology Co., Ltd. to develop GLP-1 class long-acting peptide innovative drugs [1] Group 1 - The collaboration will focus on the research, production, commercialization, and external transactions of target molecules and products in the GLP-1 long-acting peptide drug field [1] - The agreement includes clear stipulations regarding the rights and obligations of both parties involved in the cooperation [1]

1、新天地药业股份有限公司（以下简称"公司"或"新天地"）于近日与 南京知和医药科技有限公司（以下简称"知和医药"）签署一份合作开发及许可 协议（以下简称"本协议"），双方将在GLP-1类长效多肽创新药物领域开展战 略合作。公司与知和医药将就GLP-1类长效多肽创新药物目标分子和目标产品的 研发、生产、商业化和对外交易开展合作，并对双方合作方式等权利义务作出明 确约定。 2、本合作开发及许可协议的签署不构成关联交易，亦不构成重大资产重组， 未触及公司董事会及股东会审议标准。为便于投资者作出价值判断和投资决策， 公司对本次协议签署情况进行自愿性披露。 3、重要风险提示：本协议不涉及具体金额，对公司本年度的财务状况、经 营成果和业绩不会有重大影响。对公司未来经营业绩的影响情况，将视双方后续 开展的合作的具体情况而定。 一、协议签订的基本情况 证券代码：301277 证券简称：新天地 公告编号：2025-046 新天地药业股份有限公司 关于签署合作开发及许可协议的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 重要内容提示： （一）协议对方的基本情况 1、企 ...

Core Viewpoint - Qingyang is developing into Gansu's first low-altitude economic city, aiming to explore a development path suitable for mid-western cities in China [1] Group 1: Low-altitude Economic Development - Qingyang has been selected as the host for the Digital China Innovation Competition's low-altitude economic track, attracting over 1,300 participants from more than 20 provinces [1] - The city boasts favorable conditions for low-altitude economic development, including a high degree of airspace openness (over 90% suitable airspace) and existing infrastructure like the 4C-level airport [1][2] - Qingyang is recognized as one of the eight national hubs for integrated computing power networks, providing a strong technological backbone for low-altitude economic activities [1] Group 2: Industry and Investment - Qingyang is actively attracting investment to build a complete low-altitude economic industry chain, with several companies already establishing operations in the area [1] - Companies like Chainjing Additive Manufacturing are producing high-tech components such as turbine jet engines for drones, leveraging 3D printing technology [2] - The local government is committed to transforming the area into a low-altitude economic town, with multiple companies planning to set up operations for drone manufacturing and related services [2] Group 3: Application Scenarios and Talent Development - Low-altitude economic applications are expanding across various sectors, including agriculture, oil and gas inspection, and logistics, significantly improving efficiency [2] - Qingyang's vocational college has launched a drone technology program, attracting significant student interest and aiming to build a talent pool for the low-altitude economy [2] - Partnerships with external research institutions and companies are being established to enhance technical innovation and workforce training in the low-altitude sector [2]

Core Insights - Laopuhuang, a leading Chinese brand in traditional handcrafted gold, has officially entered Shanghai's Hang Lung Plaza, marking its presence in all ten of China's top luxury shopping centers, signifying a significant leap for Chinese brands in the high-end retail market [1][6] Group 1: Market Positioning - Laopuhuang's entry into Hang Lung Plaza, known for its high entry barriers and luxury positioning, aligns the brand with top global luxury brands, enhancing its market presence [3][6] - The brand has opened four stores in Shanghai since May, demonstrating a strategic commitment to penetrate the high-end consumer market [5][6] Group 2: Consumer Targeting - Laopuhuang aims to serve high-net-worth individuals by entering prestigious shopping centers, while also establishing a presence in cultural landmarks, differentiating itself from traditional European luxury brands [5][6] - The brand's consumer overlap with international luxury brands is nearly 80%, indicating a strong foothold in the high-net-worth consumer segment [10] Group 3: Financial Performance - According to the latest financial report, Laopuhuang achieved nearly 500 million in store efficiency in the first half of 2025, surpassing all domestic and international jewelry brands [10] - The brand's rapid expansion and performance reflect a shift in consumer perceptions and market trends, positioning it as a new force in high-end consumption [10]

经中国证券监督管理委员会《关于同意河南新天地药业股份有限公司首次公 开发行股票注册的批复》（证监许可 [2022] 1911 号）核准，新天地药业股份有 限公司（以下简称"公司"）公开发行每股面值人民币 1.00 元的 A 股股票 33,360,000.00 股，每股发行价格人民币 27.00 元，募集资金总额为人民币 900,720,000.00 元，扣除与募集资金相关的发行费用总计人民币 85,154,160.95 元 (不含增值税) ，募集资金净额为人民币 815,565,839.05 元。上述募集资金经毕马 威华振会计师事务所（特殊普通合伙）审验，并于 2022 年 11 月 11 日出具了《验 资报告》（毕马威华振验字第 2201583 号）。 证券代码：301277 证券简称：新天地 公告编号：2025-045 新天地药业股份有限公司 关于注销部分募集资金专项账户的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 新天地药业股份有限公司（以下简称"公司"）于近日完成部分募集资金 专项账户的注销手续，现将具体情况公告如下： | 户名 | 开户银 ...

Core Insights - Recently, the company signed a project management cooperation agreement for the "Shangdong New World Garden Phase II" with Zhongshan Hehe Industrial Co., Ltd, further validating its professional sales capabilities in the Greater Bay Area [1] - The project is located in the core area of Zhongshan Torch Development Zone, with a total sales area of approximately 129,000 square meters [1] - The collaboration is based on long-term trust and successful project practices, including the successful development of Shangdong New World Phase I and Zhongshan Ocean Tiancheng [1][3] Company Performance - The company's professional management capabilities have been validated in multiple projects, achieving significant sales figures [3] - In September, the Dalian Huannan Hui project achieved sales of 93 million, becoming the top-selling apartment project in Dalian [3] - In May, the Guangzhou Zengcheng City Investment project achieved over 100 million in sales within just 10 days of customer accumulation [3] - The Qingdao Ocean Blossoms project achieved a complete sell-out in just four months in 2024, showcasing the company's strong marketing management capabilities [3]

Core Insights - Xintiandi (301277) reported a decline in both revenue and net profit for the first three quarters of 2025 [1] Financial Performance - The company achieved an operating revenue of 481 million yuan, representing a year-on-year decrease of 10.42% [1] - The net profit attributable to the company was 91.9 million yuan, reflecting a year-on-year decline of 35.19% [1]

Core Viewpoint - The "14th Five-Year Plan" period marks a crucial phase for China to advance towards the second centenary goal, emphasizing the need for stability and direction amidst economic challenges [1] Economic Growth and Transformation - During the "14th Five-Year Plan," China's economy has shown resilience and growth despite facing significant challenges [1] - The period is characterized by transformative changes in quality, efficiency, and driving forces of economic development [1]

Core Viewpoint - The article emphasizes the journey of Chinese modernization, highlighting the interaction between the strategic goals of national rejuvenation and global changes, under the strong leadership of the Communist Party of China [1] Economic Development - The "14th Five-Year Plan" period marks the first five years after achieving the first centenary goal, focusing on building a modern socialist country and addressing challenges such as economic divergence and insufficient domestic demand [2] - China's GDP is projected to grow from 54 trillion yuan to nearly 135 trillion yuan from 2012 to 2024, with an average annual growth rate of 6% [3] - The share of China's economy in the global economy increased from 11.3% to 17.1%, with GDP growth nearly double the global average [3] Development Strategies - The new development concept aims to address unbalanced and insufficient development, emphasizing high-quality growth [6] - A new development pattern is proposed, focusing on domestic circulation while promoting international circulation to enhance economic resilience [7] - The article stresses the importance of optimizing the market environment and expanding development space to unleash the potential of a large-scale market [8] Innovation and Productivity - Technological innovation is highlighted as a key driver for high-quality development, with a focus on nurturing new productive forces [9] - High-quality development is positioned as a fundamental task for building a modern socialist country, aiming for effective qualitative improvements and reasonable quantitative growth [10] Global Engagement - The article advocates for high-level opening-up to inject new momentum into the global economy, emphasizing the importance of institutional openness and cooperation in key areas [10] Governance and Planning - The article underscores the significance of scientific planning and the mobilization of various societal forces to achieve modernization [11] - The "14th Five-Year Plan" includes multiple strategies aimed at enhancing resilience and addressing challenges posed by the pandemic and economic fluctuations [11] Investment Focus - The balance between investment in physical assets and human capital is emphasized, with policies aimed at improving livelihoods and economic growth [14] Regional Development - The article discusses the importance of regional strategies in the context of overall modernization, highlighting the need for coordinated development across different areas [15]