证券代码：002967 证券简称：广电计量 公告编号：2025-070 广电计量检测集团股份有限公司 第五届董事会第二十六次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 同意公司投资 50 万美元设立广电计量检测（越南）有限公司（暂定名，以 实际注册登记为准）。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 （二）审议通过《关于投资建设广电计量西南（成都）检测基地 的议案》 同意公司投资建设广电计量西南（成都）检测基地，项目投资总额 8 亿元。 公司授权经营管理层及相关下属企业在投资额度内签署相关协议、参与竞拍项目 用地以及项目建设。 详见公司刊登于巨潮资讯网 www.cninfo.com.cn 及《证券时报》《中国证券报》 的《关于投资建设广电计量西南（成都）检测基地的公告》（公告编号：2025-071）。 1 表决结果：同意 9 票，反对 0 票，弃权 0 票。 三、备查文件 广电计量检测集团股份有限公司（以下简称"公司"）第五届董事会第二十 六次会议于 2025 年 11 月 24 日以通讯方式召开。会议通 ...

证券之星消息，11月24日专业服务板块较上一交易日上涨1.81%，实朴检测领涨。当日上证指数报收于 3836.77，上涨0.05%。深证成指报收于12585.08，上涨0.37%。专业服务板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 920160 | 北矿检测 | 24.34 | -6.74% | 7.36万 | 1.80亿 | | 300938 | 信测标准 | 30.95 | -4.18% | 15.71万 | 4.94亿 | | 300962 | 中等幅 | 18.56 | -0.11% | - 13.71万 | 2.54亿 | | 300012 | 华测检测 | 13.40 | 0.15% | 16.13万 | 2.17亿 | | 603060 | 围检集团 | 6.33 | 0.16% | 6.37万 | 4039.38万 | | 002057 | 中钢天源 | 66.6 | 0.30% | 13.45万 | 1.33亿 | | 002243 | 力合科创 | ...

Investment Rating - The report indicates that the detection service industry is a typical "long slope, thick snow" track, suggesting a high investment rating due to the long-term stable growth of free cash flow from leading companies [4][19]. Core Insights - The high valuation of leading companies in the detection service industry reflects their ability to generate stable and sustainable free cash flow over a long duration, which is discounted to present value [7][19]. - The detection service industry is characterized by perpetual growth attributes, with leading companies forming a competitive moat due to their first-mover advantages [8][40]. - The global market size for the detection service industry has exceeded 2 trillion RMB and continues to grow rapidly, driven by economic development and industrial upgrades [8][40]. Summary by Sections Introduction: Why Does the Detection Service Have "Valuation Premium"? - The ability to create free cash flow is linked to a company's profit growth capability (g) and profit quality (ROE). Higher profit and cash flow generation capabilities warrant higher valuations [7][19]. Characteristics of the Detection Service Industry: Perpetual Growth Attributes - The industry has a large market space and can sustain growth, driven by mandatory legal requirements, foundational support for commercial activities, and inherent needs of the public [8][40]. - The return on equity (ROE) is stable due to high barriers to entry, including brand credibility, laboratory networks, and qualification thresholds [8][51]. Review of International Leaders: SGS's Performance Over Two Decades - SGS has demonstrated a compound annual growth rate (CAGR) of 6.7% in revenue and 9.4% in net profit from 2001 to 2024, with free cash flow CAGR at 8.2%, indicating its stability as an industry benchmark [9][63]. - The company is expected to achieve organic revenue growth of 5%-7% until 2027, with an anticipated increase in operating profit margin by at least 1.5 percentage points [9][63]. Domestic Review: Expectations for Huace and Guangdian's ROE Recovery - Huace Testing is expected to see a recovery in ROE as it shifts from a revenue-oriented strategy to a profit-oriented one, with anticipated improvements in valuation [10][11]. - Guangdian Measurement's stock price volatility is closely tied to its performance, with a new management team focusing on high-end manufacturing and technology R&D, leading to rapid ROE and net profit recovery [11].

11月24日黄金价格。 ·金店重点看这里：老凤祥、老庙黄金都是1295元/克，较昨日跌10元；周生生1293元/克，跌3元；周六 福1259元/克，跌7元；周大福、潮宏基1295元/克持平，菜百1272元/克性价比依旧能打，水贝实时价 1078元/克。 2025年11月24日黄金行情速报，1分钟吃透关键信息。 ·先看大盘：伦敦现货黄金冲高4076美元后回落，跌破4050美元报4046美元/盎司，日内跌0.49%；国内 实时金价924元/克，回收价914元/克，变现的朋友可以参考。 现在黄金因为美联储降息预期分歧震荡，接下来PPI和零售数据是关键，会影响后续走势！想入手的建 议多观望。 ...

Core Viewpoint - The Shanghai Gold Exchange has issued a notice emphasizing the need for risk control measures in light of recent market volatility, urging member units to maintain market stability and protect investors' rights [1] Group 1: Market Conditions - The gold price has seen significant fluctuations this year, with a recent peak of $4,100 per ounce followed by a drop to $3,900 per ounce [1] - Domestic gold jewelry prices have also been affected, with a notable drop of 33 yuan per gram recently, but prices have since rebounded [3] Group 2: Price Trends - As of November 20, 2023, the highest price for gold jewelry was reported at 1,305 yuan per gram by Chow Tai Fook, while other brands like Chow Sang Sang and Luk Fook Jewelry were priced around 1,263 to 1,296 yuan per gram [4] - The overall trend indicates a slight recovery in gold jewelry prices after a recent decline, with daily price changes showing increases of approximately 0.47% to 0.77% across various brands [4] Group 3: Future Outlook - Analysts suggest that the market lacks sustainable bullish factors, leading to a short-term outlook of continued high volatility or potential weakness in gold prices [4] - Long-term perspectives indicate that increasing U.S. debt pressure may weaken confidence in the dollar, making gold an attractive hedge, especially with ongoing central bank purchases [5]

《通知》称，近期影响市场不稳定的因素较多，为防范市场波动可能带来的风险，请各会员单位继续做好风险应急预案，维护市场平稳运行，并及时采取 相应风控措施，提示投资者做好风险防范工作，合理控制仓位，理性投资，切实保障投资者合法权益。 今年以来，黄金价格大幅走高，上海黄金交易所多次发布相关风险提示。 最近一个月，黄金价格走势震荡，现货黄金突破历史新高后快速下跌至3900美元/盎司，此后再度拉升，突破4100美元/盎司。 11月20日，上海黄金交易所发布《关于继续做好近期市场风险控制工作的通知》（以下简称《通知》）。 11月20日，国内品牌黄金饰品价格再度回升，周大福克价最高，报1305元/克；周六福黄金饰品报价较低，为1263元/克；其他品牌金饰价格大多在1293元/ 克左右。 | 国内现货 | 国际现货 | 黄金实物 | | | | --- | --- | --- | --- | --- | | 品牌 | 银行 | 回收 | | | | 品牌 | | 价格(元/克) | | 日涨跌幅 | | 周大福 | | | 1305 | +0.77% | | 老凤祥 | | | 1291 | +0.47% | | 周六福 | ...

Group 1: Domestic Gold Prices - Domestic gold prices remain stable overall, with some stores experiencing slight declines. Notably, Chow Tai Fook, Chao Hong Ji, and Zhou Da Sheng maintain prices at 1305 CNY/gram, marking the highest price among gold stores [1] - The price differences between high and low quotes in gold stores continue to narrow, reported at 83 CNY/gram today [1] - Detailed gold prices from various brands show fluctuations, with Lao Miao and Lao Feng Xiang both dropping by 4 CNY/gram, while Zhou Liu Fu decreased by 7 CNY/gram [1] Group 2: Platinum Prices - Platinum prices have seen a significant drop, with Chow Tai Fook's platinum jewelry price falling by 17 CNY/gram to 616 CNY/gram [1] Group 3: Gold Recycling Prices - Today's gold recycling prices have decreased by 5.3 CNY/gram, with varying rates across different brands. The average recycling price is reported at 917 CNY/gram [2] - Specific recycling prices for brands include Cai Bai at 893 CNY/gram and Zhou Sheng Sheng at 882.30 CNY/gram [2] Group 4: International Gold Prices - The spot gold price fluctuated, reaching a high of 4109.54 USD/ounce before closing at 4076.86 USD/ounce, reflecting a slight decline of 0.01% [4] - As of the latest update, spot gold is reported at 4034.23 USD/ounce, with a decline of 1.02% [4] - Recent U.S. employment data showed an increase of 119,000 jobs in September, with the unemployment rate rising to 4.4%, the highest in four years, impacting gold prices [4] - Hawkish comments from Federal Reserve officials have suppressed market expectations for interest rate cuts, contributing to the downward pressure on gold prices [4]

Core Insights - Gold prices have recently rebounded, with major brands like Chow Sang Sang and Chow Tai Fook seeing prices rise to around 1290 CNY per gram, after fluctuations that saw prices peak at 1333 CNY per gram on November 13 and drop to 1288 CNY on November 18 [1][3] Market Dynamics - The fluctuations in gold prices are influenced by both domestic and international factors, including a decrease in safe-haven demand and mixed expectations regarding the U.S. labor market and inflation [3] - International gold prices also saw a decline, with spot prices dropping from a high of 4245.22 USD per ounce on November 13 to below 4000 USD, reaching a low of 3997.658 USD [3] Tax Policy Impact - A new tax policy effective from November 1, 2023, mandates a dual classification of gold usage, increasing the tax burden on non-investment gold processing businesses, which will likely lead to higher retail prices for gold products [5] - The new tax policy reduces the VAT deduction from 13% to 6% for certain gold processing activities, resulting in an increased tax burden of approximately 7% [5] Market Behavior - The Shenzhen Shui Bei market, a major gold wholesale market, has seen a significant drop in activity, with traders quoting two different pricing systems: pre-tax and post-tax prices [7] - The base price in Shui Bei for November was reported at 988 CNY per gram, indicating a narrowing gap with retail prices [7] Consumer Trends - There is a notable shift in consumer behavior, with "self-wear demand" now accounting for 37% of gold jewelry sales, surpassing traditional wedding-related purchases [8] - Data indicates a decline in gold jewelry consumption by 32.5% year-on-year, while gold bars and coins saw a 24.55% increase in consumption [8] Industry Adjustments - Major gold companies are restructuring by closing franchise stores and increasing self-operated outlets to optimize their store networks, with Chow Tai Fook reducing its store count by 300 since June 2023 [10] - The industry is moving towards more refined operations and profitability, as evidenced by the closure of inefficient stores [10] Marketing Strategies - Companies are exploring diverse marketing strategies, including online live streaming, to find new growth avenues [12] - The overseas mining production of large gold groups in China increased by 18.39% year-on-year, reaching 61.439 tons in the first three quarters of the year [12]

2025.11. 20 国内品牌黄金饰品价格再度回升，周大福克价最高，报1305元/克；周六福黄金饰品报价较低，为 1263元/克；其他品牌金饰价格大多在1293元/克左右。 消息面上，美联储内部关于降息路径的分歧再度升级，形成"鹰鸽对峙"格局，引发全球贵金属市场震 荡。 据CME"美联储观察"的最新预测，美联储12月降息25个基点的概率为42.9%，维持利率不变的概率 为57.1%。美联储到明年1月累计降息25个基点的概率为48.2%，维持利率不变的概率为35.6%，累 计降息50个基点的概率为16.1%。 中信建投期货贵金属首席分析师王彦青分析称，美联储官员鹰派表态直接修正了前期过度乐观的降息 预期，叠加美国政府停摆结束后避险需求下降，双重因素导致金价回调。 目前，市场依旧对黄金的走向偏向乐观。 本文字数：1154，阅读时长大约2分钟 作者 | 第一财经 齐琦 11月20日盘后，上海黄金交易所发布《关于继续做好近期市场风险控制工作的通知》，提示各会员 单位继续做好风险应急预案，并及时采取相应风控措施。 同时，也提示投资者做好风险防范工作，合理控制仓位。这是上海黄金交易所继10月16日发布风险 提示后再度提 ...

Core Viewpoint - The company is committed to supporting the national strategy for technological self-reliance and is optimistic about the domestic production of high-end manufacturing and testing equipment [1] Group 1 - The company is actively contributing to the development of domestic high-end manufacturing and is confident in the progress of domestic testing equipment and instruments [1] - The ongoing process of domestic substitution for testing equipment and materials is effectively reducing the supply chain "bottleneck" risks [1] - The company is enhancing its supply chain autonomy and control capabilities steadily [1] Group 2 - The company plans to develop procurement plans based on actual equipment purchasing needs and production capacity planning [1] - This approach aims to ensure stable progress in all production and operational activities [1]