华西证券（002926）此前指出，考虑到婴幼儿食用奶粉等方面的需求，我们认为生育提振将促进乳品消 费，利好乳业发展。此外，我们认为应注意到政府补贴在乳品消费中的促进作用。根据乳业时报引用内 蒙古呼和浩特市卫健委文件显示，在发布育儿补贴政策当天，该部门同时发布《产妇"一杯奶"生育关怀 行动实施细则及服务流程》，明确对产妇提供为期一年的"一杯奶"补贴活动，审核通过后将发放3000元 电子券（伊利公司和蒙牛公司各1500元）。该行认为乳品作为营养丰富的健康食品，受众广（包含婴幼 儿与产妇），易接受，有望成为政府推进消费的有力抓手。 乳业股涨今日普涨，截至发稿，蒙牛乳业(02319)涨4.21%，报20.05港元；现代牧业(01117)涨3.67%，报 1.13港元；中国飞鹤(06186)涨2.8%，报6.62港元；优然牧业(09858)涨2.37%，报2.59港元。 消息面上，国家医保局发布公告称，为加强生育保险的社会保障作用，深化"三医"联动改革，不断创新 和完善我国生育保障制度，进一步提升生育保险管理及服务能力和水平，支撑健康中国建设，经国家医 疗保障局同意，中国医疗保险研究会理事会审议通过，决定成立中国医疗保 ...

Core Viewpoint - China Huaneng Group Clean Energy Technology Research Institute Co., Ltd. has applied for a patent for a method and device for power supply and demand forecasting, indicating a focus on enhancing predictive capabilities in the energy sector [1]. Company Overview - China Huaneng Group Clean Energy Technology Research Institute Co., Ltd. was established in 2010 and is located in Beijing, primarily engaged in research and experimental development [2]. - The company has a registered capital of 1,337.57 million RMB and has made investments in 10 enterprises, participated in 4,088 bidding projects, and holds 5000 patent records [2]. Patent Details - The patent application, published as CN 119783902 A, was filed on December 2024 and outlines a method for accurately predicting power supply and demand by utilizing various data types [1]. - The method involves extracting features from power scheduling data, static features, and dynamic features to create a target vector representation for forecasting power supply and demand across different provinces [1].

智通财经4月10日电，据马来西亚独立检验机构AmSpec，马来西亚4月1-10日棕榈油出口量为301113 吨，较上月同期出口的197070吨增加52.79%。 ...

华夏时报（www.chinatimes.net.cn）记者 卢梦雪 见习记者 张萌 北京报道 4月8日晚间，宜宾市商业银行（02596.HK，下称"宜宾银行"）发布公告，该行执行董事、行长杨兴旺因个人身体 原因，已向董事会送达辞呈，辞去相关职务。 杨兴旺加入于宜宾银行成立之初，并于2021年12月正式就任行长一职。也正是在这一年年末，宜宾银行提出了"加 快建成西部领先千亿上市银行"的目标。 历经三次申请，宜宾银行于今年1月13日成功登陆港交所，实现了该行2025年上市的目标。上市后首份年报显示， 2024年该行营业收入和净利润分别微增0.5%和0.1%。此外，在净息差收窄47个基点至1.71%的背景下，宜宾银行 债券收益激增近30倍，成为其支撑整体业绩增长的关键。 4月9日，记者以投资者身份致电宜宾银行咨询杨兴旺辞任事宜，被告知"以公告为准，其他暂不方便透露"。 任期内宜宾银行实现上市 2006年12月底，宜宾银行正式注册成立，其前身为宜宾市城市信用社。 据公开资料显示，杨兴旺此前曾长期在宜宾市城市信用社任职，担任过出纳、会计、信贷员、主办会计、分社负 责人等多个职位。 2003年7月至2006年12月，杨兴 ...

近日，在成都举行的"2025中国食品行业趋势发布会"上，养元饮品旗下六个核桃荣膺"中国食品工业发 展70年领军企业"殊荣。中国食品产业分析师指出，作为中国植物蛋白饮料行业的领军品牌，六个核桃 在推动核桃产业转型升级和持续创新方面成效显著。此次获评，不仅记录了六个核桃二十余年的创新足 迹，也见证了中国食品工业从规模扩张到价值创造的战略转型。 全产业链布局筑牢品质根基 据介绍，在食品行业数十年的发展历程中，周期性波动的挑战一直存在，优秀的品牌能够穿越周期，实 现持续发展。六个核桃便是其中的佼佼者，它用二十年时间在核桃产业中深深扎根。 作为国内最大的核桃深加工企业，六个核桃自创立之初就确立了新疆、云南、太行山三大黄金产区的专 属原料基地布局，并实施"3·6·36"采购标准，涵盖6大检测指标和36项理化指标，从源头确保了产品品 质。每年的核桃使用量超过1亿公斤，2024年获得弗若斯特沙利文"核桃采购量全国第一"认证。 据悉，在激烈的市场竞争中，六个核桃持续保持领先优势，得益于其不断的研发投入。熟悉食品饮料行 业的分析人士表示"没有任何捷径可走，如果说对品质的坚守是六个核桃的生存根基，那么对科研的极 致投入则塑造了它的 ...

Core Viewpoint - In the context of a slowing global economy and increasing geopolitical tensions in 2024, the company has demonstrated strong performance through quality growth, creating verifiable value from invested capital [1] Group 1: Business Resilience and Profit Quality - The company's core business has shown strong resilience, achieving significant breakthroughs in key metrics despite a complex economic environment. Regular profit increased by 11.4% year-on-year to $672.5 million, marking a four-year high [1] - The consumer food sector has become a major profit driver, with the Indofood brand contributing $333 million to profits, a 17% year-on-year increase. Product innovation and expanded distribution have enhanced profitability [3] - PLDT's business maintained stability with a profit contribution of $149 million, a 4% increase year-on-year, supported by a surge in data demand and operational efficiency [4] - The MPIC infrastructure segment saw a 16% year-on-year profit increase to $495 million, driven by strong energy sales and water price adjustments [4] Group 2: Financial Structure and Long-term Dividends - The company exhibits prudent capital management and strategic foresight, maintaining a healthy financial status with a cash interest coverage ratio above 4 times. Debt levels remain at $1.5 billion, with an average interest rate reduced from 5.4% to 5.1% [5] - Despite currency depreciation concerns, the company's core business has continued to achieve profit growth, supported by a robust structure. The Philippine peso and Indonesian rupiah depreciated by 9% and 11% respectively over the past six years, yet core business profits have consistently increased [5][7] - The company has a solid financial position and ample cash reserves, allowing for sustained dividend distributions. The board proposed a final dividend of 13.5 HK cents per share, an 8% increase year-on-year, with total dividends rising from 23.0 HK cents to 25.5 HK cents [8] Group 3: Growth Sustainability and Market Recognition - The company maintains a long-term dividend payout ratio between 5% and 8%, significantly higher than bank deposits and most fixed-income products, providing stable returns for investors [9] - The company has a history of stable and sustainable dividends, reflecting management's commitment to shareholder returns and effective strategic execution. Moody's and S&P have affirmed stable ratings of Baa3 and BBB- respectively, indicating market recognition of financial resilience [9][10] - The company's growth is characterized by certainty and sustainability, aligning with the traits of a "good company," thus warranting higher expectations from investors [10]

营销云涵盖"ICC融合通信中台、DMP智慧营销云平台、MOS云平台、短信、国际短信、iPush消息推 送"等产品，帮助客户建设企业级全渠道融合消息中台，助力客户提升营销转化率；销售云涵盖"SFA销 售自动化、TPM营销费用管理、LTC商机管理、RMS智慧终端、AIoT智慧冰柜、DI智慧拓店"等产品； 客服云涵盖"对话机器人、联络中心平台"产品，显著改善服务体验。 其中，销售云下面向快消行业的产品智慧100发布v9.1.3版本，升级"门店建档""订单暂存""订单选品优 化"等功能。 3月31日，科技产研机构第一新声正式发布"2024年度科技行业最佳CEO及高成长企业榜"。玄武云公司 荣登"高成长上市企业榜TOP30""零售科技最佳服务商""金融科技最佳服务商"三大榜单；玄武云董事长 兼CEO陈永辉上榜"2024年度科技行业最佳CEO TOP50"，同时入围的还有浪潮信息（000977）彭震、 科大讯飞（002230）刘庆峰等知名科技企业家。 玄武云董事长兼CEO陈永辉入选2024年度中国科技行业最佳CEO TOP50 揽获"上市企业榜TOP30""零售科技最佳服务商""金融科技最佳服务商"奖项 此次玄武云的多项 ...

Core Viewpoint - Miniso, a retail company originating from Guangzhou, is experiencing rapid growth, with significant increases in revenue and profit in 2024, driven by a diverse product range and strong IP partnerships [1][4]. Group 1: Financial Performance - In 2024, Miniso achieved a revenue of 16.99 billion yuan, a year-on-year increase of 22.8%, and a net profit attributable to shareholders of 2.62 billion yuan, up 16.2% [1]. - The adjusted net profit for the same year was 2.72 billion yuan, reflecting a 15.4% increase, with a comprehensive gross margin of 44.9%, up 3.7 percentage points year-on-year [1]. Group 2: Product and Supply Chain - Miniso operates over 10,000 core SKUs and has access to more than 150 top global IP resources, including brands like Black Myth, Disney, and Sanrio, with global IP product sales exceeding 10 billion yuan [1]. - The company relies heavily on a robust supply chain, with over 80% of its suppliers located in China, and more than 50% in the Pearl River Delta region [3]. Group 3: Market Strategy and Expansion - Miniso's strategy includes a focus on IP economy and rapid market expansion, with a goal of opening 10,000 stores globally by 2022, of which over 3,000 are already in overseas markets [4][5]. - The overseas business has shown strong growth, with revenue from international operations accounting for 39.4% of total income, an increase of 5 percentage points from 2023 [5]. Group 4: Challenges and Future Outlook - Despite the overall growth, the average store efficiency in China has declined, with same-store GMV growth rates showing a downward trend [4]. - The company is also exploring the potential of its subsidiary TOP TOY in international markets, with plans for a separate listing and competition with brands like Pop Mart [5][6].

智通财经APP获悉，第一上海发布研报称，予中国宏桥(01378)"买入"评级，预测公司2025-2027年的收 入分别为1509亿元/1541亿元/1576亿元人民币；归母净利润分别为213亿元、231亿元和250亿元。该行 给予公司2025年8倍PE估值，目标价为20.5港元，较现价有31%的上涨空间。 电解铝行业存在产能天花板，公司受益于全产业链优势，上游铝土矿公司持续通过合资公司拓展几内亚 铝土矿开发项目，确保集团拥有稳定的铝土矿原材料供应。公司位于山东、印尼氧化铝产能达到约1950 万吨，位于山东、云南的电解铝产能达到约646万吨，一体化优势使公司在周期上行阶段的利润增厚， 有效控制采购和生产流程成本。 电解铝供需两旺持续，氧化铝接近成本价 国内电解铝产能上限政策预计将持续执行，全球电解铝产能增长缓慢，随着国内经济恢复，新能源、新 型制造业铝需求将成为重要增长变量，总需求进一步增长，支撑电解铝价格保持高位。氧化铝由于年初 降价接近行业成本价，如价格过低将带来行业出清，因此下跌空间有限，综合考量公司利润率得到保 障。 分红回购多措并举 公司积极回报股东，2024年公司全年派息每股161港仙，派息率高达6 ...

智通财经APP讯，四环医药(00460)发布公告，本集团旗下非全资附属公司轩竹生物科技股份有限公司 (轩竹生物)研发的创新药吡洛西利(Bireociclib)取得了重大科研突破，其联合氟维司群治疗HR+/HER2-晚 期乳腺癌临床III期研究( BRIGHT-2，NCT05077449)期中分析结果，已正式刊登于顶级期刊Nature子刊 《Nature Communications》。 BRIGHT-2研究是由中国医学科学院肿瘤医院徐兵河院士牵头开展的随机双盲 III期试验。该试验聚焦中 国乳腺癌患者，他们普遍诊断年龄小、分期晚，Luminal B型比例高，晚期化疗应用多，复发风险大。 研究从国内64个中心招募305例经内分泌治疗后进展的HR+/HER2-晚期乳腺癌患者。这些患者中位年龄 55岁， 37.0%绝经前，68.2%有内脏转移，25.6%原发耐药，23.9%晚期接受过化疗，91.5% 在治疗期病 情进展，整体病情复杂棘手。 在此次试验里，吡洛西利联合氟维司群疗效显著。中位随访8.7个月时，联合组中位PFS达12.94个月， 远超氟维司群组的7.29个月。各亚组患者均有PFS获益，尤其是内分泌原发耐药 ...