Core Viewpoint - Long-term stock price decline of Langkun Technology has raised investor concerns, with significant shareholder sell-offs and questions regarding the company's management and future prospects [1][2][3]. Stock Performance - Since its listing in 2023, Langkun Technology's stock has fluctuated between a high of 29.27 CNY and a low of 11.65 CNY, remaining below the issue price of 25.25 CNY for most trading days [2]. - As of May 28, 2023, the stock closed at 17.87 CNY, down 0.72%, continuing its trend of being "below par" [4]. Shareholder Actions - In the first quarter of 2023, several shareholders, including Guizhou Peishuo and Shenzhen Huadi, collectively reduced their holdings by nearly 600,000 shares [3]. Management's Response - The management attributed the stock's low performance to various factors, including market conditions and industry trends, asserting that the stock does not reflect the company's intrinsic value and growth potential [3]. - The company plans to enhance its core competitiveness through improved performance, technological innovation, and market expansion, while also focusing on investor relations to better communicate its value [3]. Financial Performance - Langkun Technology has experienced significant fluctuations in revenue growth from 2020 to 2024, with revenue growth rates of 43.29%, 44.12%, 12.35%, -3.61%, and 2.18% respectively [5]. - Net profit growth rates during the same period were 83.15%, 48.31%, 6.34%, -26.26%, and 20.51% [5]. Business Segments - The company's main business areas include organic waste treatment, municipal solid waste management, and environmental engineering, with a recent focus on biomass resource regeneration and synthetic biology manufacturing [5][6]. - The revenue share from organic waste treatment has changed significantly, with its contribution peaking at 84.71% in 2023, but not reported in the 2024 revenue structure [7]. Regional Performance - The South China region, which contributes 80% of the company's revenue, has seen a decline in revenue growth, with rates of -12.64% and -25.82% in 2023 and 2024 respectively [7]. - Revenue from the Guangdong region, a key area for the company, has decreased from 15.55 billion CNY in 2021 to 11.21 billion CNY in 2024 [7].

导语：2025年，中国食品行业深陷"内卷化"泥潭：低价倾销、同质化竞争、创新乏力，多家馅料企业被迫停工。 然而，成都市新都区香柏树食品厂却逆势增长，销售额不仅没有下滑，甚至与去年同期略有提升，客户复购率超85%。其背后的逻辑是什么？近日，我们 就该问题深入企业，与香柏树总经理陈美莺，探寻这家"制馅世家"的破局密码。 一、行业寒冬：当"价格战"吞噬利润，创新才是唯一的护城河 针对当前食品行业内卷严重，不少企业以低价作为撬动市场的策略。陈美莺有着自己的看法，她表示低价竞争本质是"劣币驱逐良币"的恶性循环。馅料行 业门槛低，部分企业为抢市场，用劣质原料压缩成本，甚至添加防腐剂延长保质期。但消费者最终会用味蕾投票，香柏树的定位是做好产品，不以劣质原 料的低价抢市场，而是坚持长期主义服务好品质客户。 另一方面，香柏树用技术壁垒替代价格战。例如，公司的脱皮洗沙工艺耗时17年研发，能将红豆沙研磨至0.18毫米级细腻度，这是机器和手工都难以复制 的精度。这种"毫米级匠心"让客户愿意为品质买单，比如某连锁烘焙品牌用该品质的豆沙馅后，客单价反而从5元涨至8元，利润反增3倍。 二、柔性智造：破解"潮汐式订单"的供应链革命 面对当下 ...

Core Insights - The trend of foreign tourists shopping in China, referred to as "China Shopping," is gaining popularity, driven by various factors including upgraded tax refund policies, enhanced online services, and significant social media promotion [1][2] Group 1: Factors Driving "China Shopping" - The comprehensive upgrade of tax refund policies allows foreign tourists to save significantly, with a tax refund rate of 11% minus a 2% handling fee, enabling savings of 900 RMB on a 10,000 RMB purchase [1] - The convenience of online services, including relaxed visa policies, increased number of tax refund stores, and improved coverage of foreign card POS machines, enhances the shopping experience for foreign tourists [1] - Social media has played a crucial role in promoting China's appeal, with influencers sharing their experiences and sparking interest among international audiences [1] Group 2: The Rise of Chinese Manufacturing - The transformation from "Made in China" to "Intelligent Manufacturing in China" is evident in the quality and innovation of products, such as smart toilets and multifunctional showerheads, which now define global standards [2] - The dual engagement of global shopping trends and the Chinese consumer market reflects both the active choices of foreign tourists and China's commitment to high-level openness [2] - Despite the growth in inbound consumption, China's share of GDP from inbound consumption is approximately 0.5%, which is still below the 1% to 3% range of major global economies [2] Group 3: Future Outlook - The booming "China Shopping" trend is seen as a new starting point for Chinese brands to expand globally, with expectations for continued improvement in the business environment and product offerings [2]

以"打造资本强引擎，赋能新质生产力"为主题的第八届（2025）西湖大会5月21日在杭州举行。中国金 融40人论坛学术顾问、重庆市原市长黄奇帆在发表主旨演讲时表示，生产性服务业是培育新质生产力的 土壤和生态环境，是工业制造技术进步的重要支撑。未来，生产性服务业将出现集群化发展趋势，与制 造业集群相结合，并形成规模效应和协同创新。预计"十五五"时期，促进生产性服务业的发展将提上重 要议事日程。 在当今的经济格局中，生产性服务业对产品附加值的贡献极为关键。黄奇帆表示，无论是高端装备还是 电子产品，硬件成本仅占总价值的一半左右，另一半价值来自生产性服务业嵌入的服务价值。高端产品 的核心竞争力，正是源于生产性服务业的深度嵌入。 "党的二十大报告明确提出，加快建设贸易强国。贸易强国不仅要优化货物贸易，更要提升服务贸易水 平。只有成为服务贸易强国，才能真正成为贸易强国。这充分体现了生产性服务业及服务贸易在国家发 展战略中的重要地位。"黄奇帆表示。 随着制造业转型升级加速，"中国智造"迅速崛起。黄奇帆表示，经过过去十几年的发展，中国制造十大 领域有相当大的一批产品，实现了全球"领跑"或和发达国家"并跑"。新质生产力将成为"十 ...

新能源与绿色科技：商用车与环保技术领跑 西洽会期间，庆铃携手华为数字能源，发布全球首款兆瓦级超充重卡——铃界，以兆瓦超充和智能网联 技术，重塑绿色物流新生态，掀起重卡电动化新革命。 此外，庆铃集团还携燃油、纯电、氢能、混动四大动力平台，以及"铃界、铃坤"多款新产品重磅亮相 N4馆，以全球顶尖的新科技、领先的新产品，向世界展示重庆商用车产业在转型升级中的最新突破。 5月22日-25日，第七届中国西部国际投资贸易洽谈会（以下简称"西洽会"）在位于两江新区的悦来国际 会议中心举行。重庆国企以"科技赋能绿色创新"为主题，携带多领域标杆产品亮相，集中展现"重庆智 造"的强劲实力。 智能制造装备：从机床到仪表，技术突破引领行业 本届西洽会，重庆机电集团携旗下20多家企业参展，展示了上百款创新产品，涵盖清洁能源装备及系统 集成、工业母机及智能制造等五大业务板块。 重通集团展出的自主研发磁悬浮热泵机组，运用全新磁悬浮技术，低振低噪，无油环保。单机85℃高温 出水、制热量超3MW，10%～105%变频调节，全自动控制且达一级能效，为工业余热回收和城市供暖 提供了新的高效解决方案。 重泵公司在清洁能源装备及系统集成领域，与中海油 ...

Group 1 - The core objective of Beiqi Foton Motor Co., Ltd. is to become a world-class commercial vehicle enterprise, showcased during the Nampo exhibition in South Africa from May 13 to 16 [1] - Beiqi Foton presented a diverse product lineup tailored to South Africa's logistics needs, including heavy trucks, light and medium trucks, small and micro trucks, pickups, vans, and new energy products [1] - The exhibition attracted significant attention, highlighting the company's ability to adapt its products to the South African market and enhance the influence of "Chinese intelligence" in the global commercial vehicle sector [1] Group 2 - Under the guidance of the "Belt and Road" initiative, Beiqi Foton is accelerating its internationalization strategy, aiming to upgrade trade cooperation to industrial chain collaboration in the African market [2] - The company plans to continue driving the global expansion of "Chinese intelligence" in commercial vehicles through technological innovation [2]

国之邦交，崇礼尚仪。为纪念中国与乌拉圭建交35周年，乌拉圭特别精选三头象征友谊的顶级 种牛作为国礼赠予中国，其中包括珍贵的安格斯牛、白来福牛及海福特牛品种。 5月22日，中国—乌拉圭种牛接收仪式在长春举行，作为"国车长子"，一汽解放肩负重任，以 卓越品质与使命担当，全程护航国礼牛从银川至长春的2100多公里运输征程，圆满完成从银 川至长春的国礼牛运输任务，为中乌友谊再添佳话。 精锐尽出 万全筹备 为确保国礼牛运输绝对安全，一汽解放联合长春交警、长春新牧科技有限公司，集结2名驾训 师、5名专业司机、多名厂家技术人员及保障人员组成20余人专项保障团队。本次运输，选用 一汽解放高端重卡J7创领版牵引车、鹰途牵引车作为主力承运车辆，制定全面的运输保障方 案，确保运输过程万无一失。这两款重卡，皆依托解放深厚造车底蕴和对用户需求的精准把握 所研发出的高端车型。 途经定武高速至青银高速时，车队遭遇强风天气考验，解放卡车凭借出色的稳定性与动力表 现，确保国礼牛状态平稳。历经6小时连续跋涉，首站停靠金鸡滩服务区时，饲养员表示："国 礼牛适应良好，解放卡车的稳定性也远超预期。" 解放的高端重卡J7创领版及鹰途头等舱均经受过恶劣的 ...

Core Viewpoint - The spotlight in the global neurointervention field is shifting towards China, with significant innovations showcased by Xinwei Medical at the OCIN 2025 and WLNC conferences, highlighting the strength of "Made in China" products [1][3] Group 1: Product Innovations - Xinwei Medical introduced the first domestic intracranial aneurysm embolization assistive stent "Great Wall," which fills a technological gap in the domestic market and represents a leap in domestic neurointerventional devices [6] - The "Ruyi" coated mesh stent, as the first of its kind in China, utilizes a breakthrough phospholipid coating to enhance blood flow-directed therapy, significantly improving biocompatibility and treatment efficacy [7] - The CATCH cascade aspiration technology, based on a large-caliber aspiration catheter design, enhances thrombus removal efficiency and redefines surgical safety boundaries [8] Group 2: Market Performance - Xinwei Medical's revenue reached 277.9 million RMB in 2024, a 19.6% increase year-on-year, marking a historical high, while pre-tax losses narrowed significantly by 88.3% to 12 million RMB [11][12] - The company has seen a 45.5% year-on-year increase in sales of acute ischemic stroke treatment devices, indicating the effectiveness of its clinical demand-driven R&D strategy [13] Group 3: International Expansion - Xinwei Medical's overseas revenue surged by 684% to 8.4 million RMB in 2024, with Taiwan and India being key contributors, validating its international strategy [13] - The company has obtained CE or FDA certifications for several products and is actively pursuing registrations in over 40 countries, aiming to establish a global distribution network [14] Group 4: Industry Trends - The Chinese high-end medical device sector is experiencing a transformation driven by policy support, technological breakthroughs, and market expansion, reshaping the value growth curve for companies like Xinwei Medical [16][22] - The recent establishment of a high-end medical device industry alliance in Shenzhen aims to streamline the certification and registration process, enhancing the competitive landscape for domestic companies [18][19]

宽敞的总装车间里，小巧的AGV机器人托举着不同的物料在不同工位之间"奔波"着。 "生产一辆重卡有复杂的工序，需要用到大量的物料，如何保证全流程顺利推进呢？"新黄河客户端 记者张博问。 5月23日10时许，位于西安经开区的陕汽新能源智能工厂重卡总装生产线上一片繁忙。 智能轮胎自动化装配工站里，工业机器臂挥舞不停，正演绎着毫米级的"智造"艺术。 "视觉定位系统以0.02毫米精度捕捉安装点位，完成轮胎辊床按需输送、螺母自动上料、轮胎自动 装配、螺母自动拧紧，实现轮胎的全自动装配。整个生产线具备每年5万辆重卡底盘装配和10万辆车驾 驶室总成装配能力。"陕汽汽车总装配厂生产办高级业务经理季翔说。 当日，"2025相约丝博会 全国主流媒体看陕西"采访团走进陕汽新能源智能工厂，感受陕西"智 造"的强劲脉搏。 这是陕西首条全自动化氢燃料电池电堆生产线，5月初刚完成最新的一次升级。"我们的产品已经迭 代，新品体积更小、功率更大，原有的生产线自然也要进行升级。"旭氢时代研发总监代一帮说。 旭氢时代是陕西氢能产业链首批"链主"企业陕西旭强瑞清洁能源集团有限公司的子公司，主要生产 氢燃料电池电堆。 "这是氢能车辆的核心部件，氢能重型 ...

23日晚，2025年四川省科技活动周启动仪式暨蓉城科学之夜在成都举行。范颖 摄 活动现场，四川大学教授、博士生导师吴桐等十位科技工作者代表纷纷从红毯亮相，展示科学工作者的 精神风貌。"隔膜是锂电池中十分关键的部件，它既要隔绝正负极防止短路，又要让锂离子自由通 过。"据吴桐介绍，其团队历经15年的产学研技术攻关，自主设计了全套隔膜加工新技术，成功实现隔 膜国产化，推动了我国锂电产业的快速发展。 来源：中国新闻网 中新网成都5月24日电 (王利文 范颖)23日晚，2025年四川省科技活动周启动仪式暨蓉城科学之夜在成都 自然博物馆(成都理工大学博物馆)正式启幕。歼-10C战斗机模型、"华龙一号"核电站模型、新一代人造 太阳"中国环流三号"等大国重器集体亮相，科技工作者们走上"星光毯"，科普场景赋能转化"成都造"集 结亮相。 在活动主会场，一架银灰色的1:1全尺寸歼-10C战斗机模型亮相，吸引了不少市民游客的关注。从事IT 行业的市民王先生难掩激动。他说："这些硬核科技以前总觉得离生活很远，没想到今天在科技活动周 的现场就能感受'大国重器'的魅力。"他特意拍下多组照片，并坦言周末要带孩子再来，看看什么是真 正的"中国 ...