别担心，答案是肯定的：至少在今天，资本市场还在源源不断地把好东西丢给我们，只要我们自己能接 住就行了。 先说资本市场，即使是在今天，全球资本市场也仍然在源源不断把优质低估的资产丢给投资者。我们需 要做的，只是不断审视所有资产，然后寻找其中的错误定价即可。 远的不说，就先说香港市场。在2020年到2023年之间，香港市场经常出现超级低估的机会。 一些非常优秀的公司，不论是行业竞争优势，还是盈利能力、分红、成长性等各个方面，都可圈可点。 结果，这些公司往往以半倍重置成本（也就是0.5倍PB）左右的估值出售。其中一些特别优秀的，也只 不过卖到0.6到0.7倍PB。一些略有瑕疵但瑕不掩瑜的公司，甚至能低到0.3倍PB左右（一点瑕疵都没有 的公司也是不存在的）。 即使到了2024年，类似的机会也没有消失：当时香港市场上一家经营有些压力但是基本盘仍然牢固、负 债也不高的汽车企业，甚至在0.09PB交易了一阵子，相对净资产打1折都不到。 即使到了2025年，港股的估值已经不如前几年优异，但是仍然不算太贵，在0.5倍PB的估值附近，仍然 能找到不少挺好的公司。 对于这些肉眼可见的低估值，聪明的投资者弯下腰，不停地把优秀的标的 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued the "Action Plan for Promoting the High-Quality Development of Public Funds," which outlines 25 specific measures aimed at reforming the public fund industry and enhancing its quality of development, focusing on long-term investor concerns [1] Group 1: Investor-Centric Approach - The core of high-quality development in the public fund industry is the protection of investor interests, emphasizing a shift from scale to investor returns [2] - The Action Plan encourages innovation in equity fund products, supporting the development of actively managed equity funds and introducing performance-linked fee structures to promote long-term holding [2] - A performance evaluation system centered on fund investment returns will be established, with at least 80% weight on fund performance metrics for fund manager assessments [2] Group 2: Research and Investment Capability - The Action Plan calls for the establishment of a fund company research and investment capability evaluation system, promoting resource investment in human capital and technology [4] - Fund companies are encouraged to adopt new technologies such as artificial intelligence and big data, and to establish technology and operational service subsidiaries [4] - Strengthening research and investment capabilities is identified as a key competitive advantage for fund companies, essential for gaining investor trust and achieving high-quality development [4] Group 3: Compliance and Risk Management - The Action Plan emphasizes the importance of compliance and risk management, requiring fund companies to maintain a robust risk control system and improve liquidity risk prevention mechanisms [5] - It includes revisions to regulations governing risk reserves and the management of fund managers' dual roles to enhance risk isolation [5] - The implementation of these measures aims to strengthen the compliance culture within the industry and improve the overall risk management framework [6] Group 4: Implementation and Future Outlook - The Action Plan provides clear policy guidance and strong support for the high-quality development of the public fund industry, with a goal to see tangible results within three years [6] - Fund companies are expected to align with the principles of the Action Plan, focusing on enhancing research capabilities and customer service to create sustained value for investors [6]

序号股东名称持股比例1沈阳五十弦计算机科技有限公司100% 经营范围含技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；计算机软硬件及辅助设 备批发；计算机软硬件及辅助设备零售；计算器设备销售；电子产品销售；信息系统集成服务；计算机 系统服务；信息技术咨询服务；网络技术服务；软件开发；大数据服务；数据处理服务；数据处理和存 储支持服务；物联网应用服务；物联网技术服务；物联网设备销售；互联网销售（除销售需要许可的商 品）；互联网安全服务；食品互联网销售（仅销售预包装食品）；食品销售（仅销售预包装食品）；信 息系统运行维护服务；数字创意产品展览展示服务；人工智能公共服务平台技术咨询服务；租赁服务 （不含许可类租赁服务）。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 天眼查App显示，近日，煦巍（深圳）计算机科技有限公司成立，法定代表人为骆雨彤，注册资本1250 万人民币，由沈阳五十弦计算机科技有限公司全资持股。 企业名称煦巍（深圳）计算机科技有限公司法定代表人骆雨彤注册资本1250万人民币国标行业信息传 输、软件和信息技术服务业>软件和信息技术服务业>软件开发地址深圳市罗湖区清水河街道清水 ...

Core Viewpoint - The company reported a revenue of 3.307 billion yuan in 2024, a year-on-year increase of 14.59%, with a net profit of 213 million yuan, indicating a stable growth trajectory in its core internet media and digital marketing businesses [1] Business Performance - In 2024, the internet media business generated revenue of 1.158 billion yuan, accounting for 35.03% of total revenue, while the digital marketing business contributed 1.983 billion yuan, representing 59.96% of total revenue [1] - The company maintained a low asset-liability ratio of 14.64%, reflecting strong financial health and risk management capabilities [1] - For Q1 2025, the company reported a revenue of 1.085 billion yuan, with a net profit of 38.1 million yuan, marking increases of 48.56% and 37.79% year-on-year, respectively [1] Strategic Focus - The company aims to enhance its core competitiveness and operational capabilities by optimizing resource allocation and exploring new business models, particularly in AI and blockchain technologies [1] - The management emphasized the importance of aligning with the board's strategic plans to ensure sustainable growth and profitability [2] Investor Relations - The company is committed to improving investor returns through share buybacks and exploring various methods to enhance shareholder value, despite not distributing dividends in recent years [6][8] - The management acknowledged the need for effective communication with the capital market to boost investor confidence and address concerns regarding stock performance [10][11] Collaboration and Market Position - The company continues its partnership with Huawei's Whale Energy, expanding its advertising services across various industries and regions, which is expected to contribute positively to its revenue streams [7] - The company is focused on maintaining its leading position in the industry by combining internal growth with external acquisitions and partnerships [9]

中新网深圳5月9日电 (记者索有为)第九届"深圳(湾区)国际品牌周"暨2025年中国品牌日·深圳地方特色活 动开幕大会9日在深圳广电大厦举行，品牌周以"品牌引领未来，创新驱动湾区"为主题，探索科技革命 和产业变革时代品牌发展新路径。 由深圳知名品牌评价委员会、深圳工业总会、深圳市企业品牌建设促进会、前瞻产业研究院联合编撰的 《深圳经济特区建立45周年品牌发展白皮书》同时启动，将于8月在"深圳(湾区)国际品牌产品暨产业链 交易博览会"上发布。 自5月9日起，本届品牌周将陆续推出十一区分会场特色主题活动、九场品牌建设专场活动、五项系列活 动以及一场大型品牌博览会等近三十场活动。(完) （文章来源：中国新闻网） 国务院原参事、原国家质检总局副局长，中国品牌建设促进会专家委员会主任葛志荣在致辞中称，深圳 累计培育出1120个深圳知名品牌和76个国际信誉品牌，要将品牌战略与科技创新深度融合，运用人工智 能、大数据等前沿技术提升质量管理水平，强化质量、服务、创新和无形资产培育的国际标准应用，同 时依托政企协同机制，凝聚深圳工业总会等平台力量，推动企业主体在构建高质量发展格局中形成合 力。 中国工业经济联合会党委书记、执行 ...

南都讯 记者黄璐 5月9日，第九届"深圳（湾区）国际品牌周"暨2025年中国品牌日·深圳地方特色活动开 幕大会在深圳广电大厦举行。本届品牌周以"品牌引领未来，创新驱动湾区"为主题，"2025中国品牌价 值500强"中英文榜单独家发布，"国际信誉品牌""深圳（湾区）知名品牌"近400项品牌成果集中亮相展 示，国际品牌专家、知名企业领袖发表主题演讲，探索科技革命和产业变革时代品牌发展新路径。 深圳工业总会会长吴光权表示，本届品牌周旨在将深圳品牌建设的成功经验辐射至大湾区，推动湾区企 业共创国际化品牌。未来，将联合政产学研多方力量，为打造"更具时代引领性的深圳品牌"贡献智慧与 力量。 榜单独家发布，彰显品牌发展硬实力 每年在达沃斯世界经济论坛年会上发布全球品牌价值500强的国际著名品牌价值评估咨询机构Brand Finance，联合深圳工业总会在第九届"深圳（湾区）国际品牌周"上独家发布"2025中国品牌价值500 强"中英文榜单。 同时，Brand Finance中国公司联合创始人、总裁陈忆登对榜单进行解读。今年，粤港澳大湾区109个品 牌上榜"2025中国品牌价值500强"。深圳共有34个品牌上榜，其中，荣获" ...

Core Viewpoint - The company, Measurement Co., reported a revenue of 663 million yuan and a net profit of 11.25 million yuan for 2024, despite facing challenges in domestic market demand [1][4]. Financial Performance - In 2024, the total assets of the company reached 2.517 billion yuan, with shareholders' equity increasing by 5.87% to 1.369 billion yuan compared to 2023 [1]. - The operating cash flow net amount for 2024 was 54.97 million yuan, reflecting a 25% increase from 2023 [1][6]. - The company's gross profit margin improved to 34.42%, up by 1.61 percentage points from 2023, due to effective cost control measures [5]. Business Structure and Services - The main revenue source for the company in 2024 was engineering surveying technical services, contributing 384 million yuan, a year-on-year increase of 6.12% [4]. - The company operates in three main business segments: engineering surveying technical services, geographic information integration and services, and surveying services, which together accounted for 92.77% of total revenue [4]. Competitive Position - Measurement Co. ranked first in Jiangsu Province's geographic information industry and 21st in the 2024 China Geographic Information Industry Top 100 [2]. - The company has established a comprehensive qualification system, acquiring new qualifications in 2024, including "Class A Surveying Qualification - Marine Surveying" [2]. Innovation and R&D - The company invested 47.41 million yuan in R&D in 2024, representing 7.16% of its revenue, and has a strong team of 159 R&D personnel [8]. - The company holds 43 invention patents, 51 utility model patents, and 355 software copyrights, reflecting its commitment to technological innovation [8]. Strategic Outlook - The geographic information industry in China is projected to exceed 1 trillion yuan by 2025, indicating significant growth potential [10]. - The company aims to enhance its core capabilities and expand service areas while focusing on digital intelligence and comprehensive underground space management as strategic goals for the next 3-5 years [10][11].

Group 1: Market Trends and Policies - Distributed photovoltaic (PV) capacity is expected to grow significantly, with the National Energy Administration's guidelines emphasizing the "four capabilities" management requirements for distributed energy sources [2][3] - As of Q1 2025, the company has seen a rapid increase in the number of distributed PV clients due to the new power forecasting requirements [2] - The total installed capacity of wind and solar power in China reached 74.33 million kW in Q1 2025, marking a year-on-year growth of over 20% [5] Group 2: Competitive Landscape - The distributed power forecasting market is characterized by a large number of small-scale projects, with lower project prices compared to centralized clients [4] - Major comprehensive group companies show low participation interest in the distributed power forecasting market, leaving it primarily to small and medium-sized forecasting firms [4] Group 3: Future Market Expectations - The company anticipates that the total installed capacity of wind and solar power will reach approximately 200 million kW in 2025, indicating a stable expansion of the new energy market [5] - The company plans to enhance its service quality and product pricing to improve its market share in the centralized forecasting market [5] Group 4: Electricity Trading Market Outlook - The new regulations aim to promote market-oriented pricing for renewable energy, which will increase the demand for power forecasting and trading products [6][7] - The company expects the electricity trading market to become increasingly reliant on big data and artificial intelligence for efficient management and improved trading outcomes [7] - Future characteristics of the electricity trading market include a rising proportion of market-based transactions and a growing importance of renewable energy generation [7] Group 5: Corporate Actions - The company has received approval from the China Securities Regulatory Commission for the issuance of A-shares to specific investors in 2024 and will proceed with the issuance process [7]

散装物料搬运机械是一个工程领域，主要设计用于处理散装物料的设备，并实现关键工艺资产的安全转移、搬运和存储。先进的散装物 料搬运系统具有集成的散装存储（筒仓）、输送（机械或气动）和卸料功能。 全球散装物料搬运设备市场规模总体分析 根据 QYResearch （恒州博智）的统计及预测， 2024 年全球散装物料搬运设备市场销售额达到了 152.96 亿美元，预计 2031 年将达到 219.66 亿美元，年复合增长率（ CAGR ）为 5.29% （ 2025-2031 ）。 地区层面来看，中国市场在过去几年变化较快， 2024 年市场规模为 32.98 亿美元，约占全球的 21.56% ，预计 2031 年将达到 54.38 亿美 元，届时全球占比将达到 24.76% 。 地区层面来说，目前北美地区是全球最大的市场， 2024 年占有 25.57% 的市场份额。预计未来几年，中国地区增长最快， 2025-2031 期 间 CAGR 大约为 7.59% 。 从产品类型方面来看，堆垛和装载设备占有重要地位，预计 2031 年份额将达到 73.83% 。同时就应用来看，采矿工业在 2024 年份额大 约是 28.85 ...

Group 1 - The core viewpoint of the report is that the information disclosure obligor, Xie Kai, has increased his shareholding in Sichuan Tianwei Electronics Co., Ltd. (*ST Tianwei) to 5,141,457 shares, representing 5.0000% of the total share capital, through secondary market transactions [1][7]. - The purpose of the equity change is to express confidence in Chinese assets and the future of the Chinese capital market, responding to the government's call for increasing long-term capital [4][5]. - The company is recognized as a national high-tech enterprise with a strong focus on the military industry, particularly in the development of fire extinguishing and explosion suppression systems for armored vehicles [4][5]. Group 2 - The company has successfully developed and produced military fire extinguishing and explosion suppression systems, becoming one of the few in the industry with independent research and production capabilities [5]. - The company has a stable control structure, low debt-to-asset ratio, and sufficient cash flow, indicating significant potential for reversing its current challenges [5][6]. - The information disclosure obligor does not rule out the possibility of further increasing his shareholding in the company within the next 12 months [6][10].