Group 1: Financial Performance - In Q1 2025, the company reported revenue of 4.43 billion yuan, a year-on-year increase of 18.9%, with a gross margin of 44.2%, up 0.8 percentage points year-on-year, and an adjusted net profit of 590 million yuan, down 4.8% year-on-year [1] - The domestic same-store sales showed improvement, with a significant recovery in sales performance since the beginning of the year, and a notable recovery during the May Day holiday [1] - The company achieved a total of 4,275 stores in China by the end of March 2025, with a net closure of 111 stores, focusing on high-quality development and refined store network strategy [1] Group 2: International Operations - In Q1 2025, the company's overseas revenue reached 1.59 billion yuan, a year-on-year increase of 30.3%, despite high base pressure from the previous year [2] - The company added 95 new stores overseas, focusing on markets in Asia and North America, with a stable performance in overseas same-store sales when viewed from a two-year compound growth perspective [2] - Since April, there has been a month-on-month improvement in same-store performance in key overseas markets such as Mexico and the United States, supported by the execution of the IP strategy and store quality enhancement [2] Group 3: Strategic Outlook - The company is committed to a five-year strategic plan aimed at stable profit growth, with projected revenues of 20.54 billion yuan, 24.60 billion yuan, and 29.55 billion yuan for 2025-2027, corresponding to growth rates of 20.9%, 19.7%, and 20.2% respectively [2] - Adjusted net profits are expected to be 2.86 billion yuan, 3.68 billion yuan, and 4.56 billion yuan for the same period, with growth rates of 4.97%, 28.74%, and 24.04% respectively [2] - The company maintains an "overweight" rating due to its supply chain advantages and strengthened IP conversion capabilities, alongside ongoing global strategic initiatives [2]

Core Viewpoint - The European Central Bank (ECB) Governing Council member Knot indicates that short-term economic growth and inflation risks are skewed to the downside [1] Economic Growth - The ECB is facing challenges in maintaining economic growth due to various factors impacting the Eurozone [1] - Short-term forecasts suggest a potential slowdown in economic activity, which may affect overall growth rates [1] Inflation Risks - Inflation risks are also perceived to be on the downside, suggesting that inflation may not rise as previously anticipated [1] - This could lead to adjustments in monetary policy as the ECB responds to changing economic conditions [1]

2025年，*ST吉药整体经营状况并未好转。今年一季度，公司实现营收6374.36万元，同比下降15.53%； 归母净利润亏损4517.46万元，亏损幅度较上年同期增大。 *ST吉药（300108）5月28日晚公告，公司股票已被深交所决定终止上市，将于5月29日摘牌。此前， *ST吉药在3月26日至4月23日期间，连续20个交易日股票收盘价均低于1元，触及交易类强制退市情 形。 公告称，公司应当在股票被终止上市后及时做好相关工作，以确保公司股份在摘牌后四十五个交易日内 可以进入全国中小企业股份转让系统有限责任公司依托原证券公司代办股份转让系统设立并代为管理的 两网公司及退市公司板块挂牌转让。 公告显示，*ST吉药已聘请山西证券股份有限公司担任公司主办券商，并与其在5月27日签订《委托股 票转让协议》，委托其为公司提供股份转让服务，办理交易所市场的股份退出登记、股份重新确认、退 市板块的股份初始登记、股票挂牌及提供股份转让服务等相关事宜。 Wind数据显示，今年以来，截至停牌前，*ST吉药股价累计跌幅为83.59%。 经营业绩连年亏损 *ST吉药前身为双龙股份。2014年，双龙股份通过重组金宝药业进入医药领域。 ...

格隆汇5月28日丨力宝(00226.HK)公告，要约人LL Capital Holdings Limited及公司联合宣布，于2025年5 月16日，要约人要求董事会向股东提呈建议，当中包括：(a)根据公司条例第673条透过计划安排将公司 私有化，代价为计划代价每股计划股份0.14港元。计划代价0.14港元较于最后交易日在香港联交所所报 除权经调整收市价每股股份负0.104港元溢价约0.244港元。该代价将由要约人以现金支付予计划股东。 (b)待达成分派条件后，公司向于计划记录日期名列公司股东名册股东，以实物分派公司全资附属公司 Skyscraper现时持有最多303,289,730股力宝华润股份(占已发行力宝华润股份总数约33.01%)方式进行特 别分派。股东将可按以股票方式或现金方式收取其于分派项下权利。 于建议完成后，公司将紧随生效日期后申请撤销股份于香港联交所上市地位。 要约人为一间于英属维京群岛注册成立股份有限公司。其为一间投资控股公司，于本联合公布日期并无 持有任何重大资产或业务。于本联合公布日期，要约人为Lippo Capital全资附属公司，而Lippo Capital 由李棕(公司执行董事) ...

邯郸市城运集团为一家于中国注册成立的有限责任公司，主要承担邯郸市城市基础设施建设、交通基础 设施建设、市政公用运营服务等领域的投融资、开发建设和运营管理工作，主要业务板块包括政府投资 项目代建、土地整理、房地产开发经营、供气供暖、环卫垃圾、市政养护、城市绿化管理、智慧城市、 城市公共交通、高速运营、航空运输等。邯郸市城运集团的最终实益拥有人为邯郸市人民政府国有资产 监督管理委员会。 合资公司主要为开发及建设动力、储能电池及储能系统集成的项目。成立合资公司，有利于集团动力及 储能业务的市场拓展和战略布局。 邯郸市产投集团为一家于中国注册成立的有限责任公司，是邯郸市产业投资、产业引导、资本运营主 体，主要业务板块包括资本运营、水务环保、清洁能源、文化旅游、水利建设、数据运营、园区运营、 特种施工等。邯郸市产投集团的最终实益拥有人为邯郸市人民政府国有资产监督管理委员会。 格隆汇5月28日丨中创新航(03931.HK)公告，于2025年5月28日，公司与邯郸市产投集团及邯郸市城运集 团(统称为"邯郸方")订立合资协议，内容有关(其中包括)成立合资公司。 根据合资协议，公司与邯郸方同意通过现金出资共同成立合资公司。合资 ...

智通财经5月28日电，利弗莫尔证券显示，新琪安科技股份有限公司向港交所提交上市申请书，独家保 荐人为民银资本。 ...

Group 1: HuanShi Logistics IPO - HuanShi International Logistics Holdings Limited submitted its IPO application to the Hong Kong Stock Exchange on May 27, aiming to list on the main board [1] - The company operates a comprehensive cross-border logistics service with over 6,000 cross-border routes covering approximately 200 countries and regions [1] - Revenue for HuanShi Logistics was reported at $2.06 billion, $776 million, and $1.25 billion for the years 2022, 2023, and 2024 respectively, indicating significant financial improvement [1] Group 2: Kingsoft Cloud Q1 Performance - Kingsoft Cloud announced a total revenue of 1.97 billion yuan for the first quarter ending March 31, 2025, representing a year-on-year growth of 10.9% [2] - Adjusted EBITDA increased 8.6 times to 320 million yuan, with an adjusted EBITDA margin of 16.2%, up 14.3 percentage points year-on-year, driven by the rising contribution of AI revenue [2] - The growth in AI technology application positions Kingsoft Cloud favorably in the competitive cloud computing market [2] Group 3: Basic Semiconductor IPO - Shenzhen Basic Semiconductor Co., Ltd. submitted its IPO application to the Hong Kong Stock Exchange on May 27, focusing on the research, development, manufacturing, and sales of silicon carbide power devices [3] - The company is recognized as the only Chinese enterprise with comprehensive capabilities in silicon carbide chip design, wafer manufacturing, module packaging, and gate driver design and testing [3] - The IPO is expected to enhance the company's R&D and production capabilities, promoting technological breakthroughs and market expansion in China's silicon carbide power device industry [3] Group 4: Qingke Investment Strategy - Qingke Chuangye announced the subscription of financial products totaling 16 million yuan on May 28, issued by Yinhe Jinhui [4] - Prior to this, the company had subscribed to financial products totaling 64 million yuan between April 17, 2024, and November 18, 2024 [4] - This investment strategy aims to optimize the company's capital allocation and improve capital efficiency [4]

Group 1 - The European Union trade commissioner will engage in discussions with U.S. Commerce Secretary Gina Raimondo and Trade Representative Katherine Tai on Thursday [1] - The EU has agreed to communicate with Tai and Raimondo every other day [1]

Core Viewpoint - The Hong Kong Independent Commission Against Corruption (ICAC) is investigating a corruption case involving a residential development project by Cheung Kong Property Holdings Limited, led by Li Ka-shing, due to allegations of bribery and falsification of construction records [2][3][4]. Group 1: Project Details - The implicated project is located at Anderson Road in Kwun Tong, developed by Cheung Kong Property, which acquired the land for HKD 49.5 billion in May 2020 [2][6]. - The project plans to construct six buildings with nearly 3,000 residential units, with at least 1,000 units to be sold at a 20% discount for first-time homebuyers [2][6]. - The project is part of the Hong Kong government's initiative to assist permanent residents in achieving home ownership [6][7]. Group 2: Corruption Allegations - The ICAC's investigation revealed that a subcontractor allegedly deviated from approved engineering designs to save costs and bribed supervisory personnel to overlook these deviations [3][4]. - The subcontractor reportedly provided bribes, gifts, and covered luxury entertainment expenses for the supervisory staff to ensure lenient oversight of the construction work [3][4]. - A total of 10 individuals, aged between 29 and 52, have been arrested in connection with the case, facing charges of bribery, conspiracy to defraud, and use of false documents [4][5]. Group 3: Regulatory Context - Registered contractors and building professionals have a legal responsibility for the quality and safety of construction work, which includes verifying compliance with approved designs [3][4]. - The ICAC has previously dealt with multiple construction-related fraud cases, indicating a broader issue within the industry [5]. Group 4: Project Timeline and Compliance - The land sale agreement stipulates that the project must be completed by March 31, 2026 [8]. - Cheung Kong Property has stated that it is reviewing the project's engineering status and is in discussions with the Buildings Department regarding appropriate follow-up actions [8].

京东健康作为行业领先的医疗健康服务企业，拥有庞大的用户基础，并构建了完善的医疗健康服务体 系，包括在线问诊、药品配送、健康管理等一站式服务。这些优势将有助于显著提升八珍益母片新品的 市场覆盖率和用户触达率。 京东健康医药业务部相关负责人表示，京东健康一直致力于为消费者提供优质的医药健康产品和服务， 八珍益母片作为妇科领域的经典中成药，赢得了广泛的市场认可。相信通过双方的携手合作，将帮助更 多女性用户便捷获取这一优质产品，让传统中医药更好地满足现代女性的健康需求。 编辑：王菁 此次在京东健康线上首发的千金八珍益母片新品，精选当归、党参、川芎、熟地黄、童子益母草等九味 道地药材，配合超微粉碎等现代技术，确保药材活性成分保留率超90%，生物利用度提升68%。同时， 通过专利工艺处理，使芍药苷等有效成分含量达到国家药典标准的2.3倍，显著提升了药物疗效。 临床试验数据显示，针对月经量少（＜20ml／周期）、经血色淡、经期延长（＞7天）伴面色萎黄、乏 力懒言等典型气血两虚证候，千金八珍益母片新规产品总有效率达91.2%。此外，产品不仅适用于产 后、更年期、术后等气血亏虚状态，还为职场白领、健身达人、节食减肥人群提供亚健 ...