Core Viewpoint - Zhuhai Port has released its 2024 annual report, indicating a focus on sustainable development and efficiency improvement despite a decline in revenue, while also unveiling a strategic plan for 2025-2030 that emphasizes dual business lines in port logistics and renewable energy [1][6]. Financial Performance - In 2024, Zhuhai Port achieved an operating income of 5.125 billion yuan, a year-on-year decrease of 6.07% - The net profit attributable to shareholders was 292 million yuan, reflecting a year-on-year increase of 5.37% [1]. Business Strategy - The company has launched a development strategy for 2025-2030, with the mission "Port connects the world, green energy for all," focusing on port logistics and renewable energy as dual core businesses [1]. - The strategic initiatives include the "Dual-Engine Strategy," "West River - Yangtze River Linkage Strategy," "System Integration Strategy," and "Digital Green Strategy" [1]. Port and Logistics Operations - The port logistics segment completed a cargo throughput of 57.84 million tons in 2024, a year-on-year increase of 15.47% - Specific terminals like Ganghong and Yunfu New Port reported throughput growths of 20.58% and 4.60%, respectively, while Wuzhou Port achieved a remarkable 62.87% increase [2]. Shipping Business - The company has adjusted its internal river shipping structure to optimize capacity and enhance self-operated business, achieving a total self-owned capacity of 261,000 tons and a controlled capacity of approximately 1.5 million tons [3]. Renewable Energy Development - In 2024, Zhuhai Port expanded its renewable energy projects, including wind and solar power, with a total installed capacity of 470,000 kW in wind energy and 737,300 kW in solar energy [4]. - The company reported a 1.45% increase in electricity generation from wind power and a significant 78.01% increase in solar power generation [4]. Capital Operations and ESG Initiatives - The company issued bonds totaling 4.9 billion yuan in 2024 and received comprehensive bank credit of approximately 16.8 billion yuan [6]. - Zhuhai Port is the first state-owned listed company in Zhuhai to publish an ESG report, establishing a five-year strategic plan for ESG development with specific goals and actions [6]. Market Engagement and Shareholder Returns - The company plans to distribute 0.65 yuan per share in dividends for 2024, totaling approximately 58.86 million yuan, which represents 20.15% of the net profit attributable to shareholders [7]. - Zhuhai Port emphasizes market recognition and sustainable value creation through enhanced investor relations and information disclosure [7].

Core Viewpoint - Zhuhai Port reported a revenue of 5.125 billion yuan for 2024, a year-on-year decrease of 6.07%, while net profit attributable to shareholders increased by 5.37% to 292 million yuan, indicating a focus on core business and sustainable development [1] Group 1: Business Performance - The port logistics segment achieved a cargo throughput of 57.8435 million tons in 2024, a year-on-year increase of 15.47% [2] - Zhuhai Port's various terminals saw significant growth in cargo throughput, with Hong Kong Terminal increasing by 20.58%, Yunfu New Port by 4.60%, and Wuzhou Port by 62.87% [2] - The company is enhancing its logistics services by focusing on coal, grain, and steel, while also expanding its green and low-carbon transformation initiatives [2] Group 2: New Energy Development - Zhuhai Port is expanding its renewable energy projects, including wind and solar power, with a total installed capacity of 470,000 kW in wind power and 737,300 kW in solar power [3] - The company successfully acquired a 50MW wind farm in Heilongjiang and completed several solar power projects, achieving a 78.01% increase in solar power generation to 70.5853 million kWh [3] - The company is also enhancing its BIPV business competitiveness and has completed significant projects, including a collaboration with Jinko Solar in Dubai [3] Group 3: Strategic Planning and ESG - Zhuhai Port has launched a five-year ESG strategic plan and emphasizes market value management and information disclosure, maintaining an A-class rating for eight consecutive years from the Shenzhen Stock Exchange [4]

证券代码：002963 证券简称：豪尔赛 豪尔赛科技集团股份有限公司 投资者关系活动记录表 编号：2025-001 投资者关系活动 类别 特定对象调研 分析师会议 媒体采访 业绩说明会 新闻发布会 路演活动 现场参观 其他 参与单位名称及 人员姓名 投资者网上提问 时间 2025 年 4 月 25 日(星期五)15:00-17:00 地点 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net）采 用网络远程的方式召开业绩说明会 上市公司接待人 员姓名 1、豪尔赛 董事长兼总经理戴宝林 2、豪尔赛 董事兼副总经理、董事会秘书、财务总监闻国平 3、豪尔赛 独立董事张善端 投资者关系活动 主要内容介绍 投资者提出的问题及公司回复情况 公司就投资者在本次说明会中提出的问题进行了回复： 1、作为独立董事在公司日常运作中是如何有效介入的？能 否真正保护中小股东利益？ 尊敬的投资者您好，作为独立董事，我们严格按照证监会相 关规定履行独立董事职责，积极出席相关会议，认真审议董事会 各项议案，对公司治理及经营管理进行监督检查，充分发挥了独 立董事的作用，维护全体股东特别是中小股东的合法权益。感谢 您的关注 ...

Core Insights - The leading bubble tea company, Xiangpiaopiao, reported a total revenue of 3.287 billion yuan and a net profit of 253 million yuan for the year 2024, with a proposed cash dividend of 2.5 yuan per 10 shares [1] - In Q1 2025, the company achieved a revenue of 580 million yuan, with the ready-to-drink segment showing significant growth, generating 266 million yuan, a year-on-year increase of 13.89% and a quarter-on-quarter increase of 54.82% [1] Group 1: Business Strategy - The company has established a "dual-driven" strategy focusing on long-term health development through product innovation, channel optimization, and brand rejuvenation, while consolidating its core bubble tea business and promoting steady growth in the ready-to-drink segment [1] - For 2024, the company set a development strategy for its bubble tea business that includes health-oriented products, brand rejuvenation, scenario-based products, and daily consumption [1] Group 2: Ready-to-Drink Business - The ready-to-drink segment is identified as the second growth curve for the company, with a focus on Meco fruit tea, emphasizing differentiated cup packaging and aligning with freshly brewed tea drinks to create competitive space [2] - In Q1 2025, the ready-to-drink business saw a sales revenue increase of 13.89% year-on-year and 54.82% quarter-on-quarter, with Meco fruit tea's sales revenue growing by 20.68% year-on-year and 67.73% quarter-on-quarter, indicating strong market demand and growth potential [2] Group 3: Channel Strategy - Meco fruit tea employs a multi-channel strategy, focusing on deepening market penetration in key cities like Wuhan and Changsha, particularly in campus areas, while also expanding into emerging channels such as snack retail [3] - The company plans to further enhance the health aspect of its milk tea products in 2025, aiming to provide better value products, and will explore coffee and ready-to-drink milk tea markets to expand its business [3]

在能源结构转型与电力市场深化改革的双重背景下，建投能源（000600.SZ）以一份亮眼的2024年年度 报告，向市场展现了其作为区域能源龙头企业的强劲发展动能。 24年度营收同比增逾两成至235.17亿元、创历史新高 拟10派1.30元 报告显示，建投能源全年实现营业收入235.17亿元，同比增长20.09%；归属于上市公司股东的净利润 5.31亿元，同比大幅增长增长181.59%；扣非净利润更是同比激增5401.22%，达到3.99亿元，公司核心 业务盈利能力取得质的飞跃。这一数据不仅标志着公司经营效益的跨越式提升，更印证了其"火电+新 能源"双轮驱动战略与精细化管理实践的显著成效，为国企高质量发展书写下浓墨重彩的一笔。 业绩变动，建投能源表示，2024年，公司围绕"打造区域领先、全国一流综合能源供应与服务商"战略目 标，充分发挥"五大中心"集约化、专业化效能，聚焦存量资产提质增效，大力推进绿色低碳转型，全面 提高精细化管理水平，多措并举努力提升经营绩效。 需要提及的是，在业绩稳健增长的同时，建投能源还高度重视对投资者的合理回报，坚持与投资者共享 发展成果，实实在在地回报投资者。 根据公司同日披露的利润分配 ...

装备制造：增材制造、无人机、医疗装备、汽车零部件、机器人、民用航空等。 日前，泸州市壹期产业引导基金发布关于遴选子基金管理机构的公告，分别包括选先进制造创业投 资子基金与化工新材料子基金。 具体来看，泸州市先进制造创业投资基金（暂定名，最终以市场监管部门登记为准），总规模不低 于10亿元，采取认缴制分期到位。 泸州市产业引导基金（出资不超过子基金拟设规模的20%）以及市内国企（含市属国企组建基金） 的出资总和原则上不高于子基金实缴总额的80%。剩余不低于20%（含）由子基金管理机构 （GP）负责募集。子基金管理机构及其关联方认缴出资比例不低于基金规模的1%（含）。 投资领域如下： 对接需求请扫码 每日｜荐读 活动： 「2025中国产业资本峰会」圆满落幕，CVC成为投资行业枢纽！ 榜单： 「2025产业投资100强」正式发布 报告： 独角兽的"新双轮驱动"：《2025中国CVC影响力报告》发布 荐读： LP梳理：国家级引导基金全名录 电子信息：汽车电子、新型显示、智能传感器、服务机器人等。 数字经济：智慧医疗、智能制造等。 泸州市化工新材料基金（暂定名，最终以市场监管部门登记为准）总规模不低于20亿元（含）， ...

Core Insights - The company, Plad (301353.SZ), reported a robust growth in its Q1 2025 financial results, with revenue reaching 227 million yuan, a year-on-year increase of 23.88% [1] - The company aims to solidify its position as a leading ODM manufacturer and OBM brand in the electric tools sector, leveraging its dual strategy [1][2] Financial Performance - In Q1 2025, the total profit amounted to 21 million yuan, reflecting a year-on-year growth of 12.84%, while the net profit attributable to shareholders was 18 million yuan, up by 4.75% [1] - The net cash flow from operating activities surged by 216.69% to 14.18 million yuan, primarily due to increased export tax rebates and improved supply chain management [1] Market Position and Strategy - Plad has established a comprehensive product matrix covering seven product series and nearly 400 specifications, enhancing its competitive edge in the market [2] - The company continues to deepen strategic partnerships with international giants, providing ODM services to top global brands like Stanley, Bosch, and Makita, which strengthens customer loyalty [2] Research and Development - In 2024, the company's R&D investment reached 35.4 million yuan, a year-on-year increase of 33.76%, contributing to a strong patent portfolio of 518 patents, including 48 invention patents [2] Market Outlook - The global electric tools market is projected to grow from 39.5 billion USD in 2024 to approximately 45.5 billion USD by 2029, with a stable annual growth rate of 2.9% [3] - The company is implementing an automated production line project with an annual capacity of 8 million DC lithium electric tools, aimed at enhancing operational efficiency [3] Shareholder Returns - The profit distribution plan for 2024 proposes a cash dividend of 5 yuan per 10 shares (including tax) and a stock increase of 3 shares, with a total cash dividend amounting to 36.97 million yuan, resulting in a total return rate of 138% when combined with share buybacks [3]

Group 1 - Click Holdings Limited, a leading HR solutions provider in Hong Kong, announced the acquisition of the remaining 75% stake in a well-known nursing competitor, enhancing its control and integration capabilities [1][2] - The target company has over 9,000 nursing professionals and is expected to generate annual revenue exceeding HKD 60 million, with net profits ranging from HKD 2 million to HKD 3.5 million, contributing to Click's financial growth [1] - Following the acquisition, Click's total registered professionals will exceed 19,000, significantly improving its ability to meet the growing demand for professional nursing services in Hong Kong and surrounding areas [1] Group 2 - The acquisition marks a strategic transformation for Click, allowing for operational integration and resource consolidation to accelerate its leadership in the nursing sector [1][2] - Click's financial performance shows a revenue increase from USD 4.16 million in 2022 to USD 5.66 million in 2023, representing a 36% growth, with net profit rising from USD 180,000 to USD 800,000, a 338% increase [4] - In the first half of 2024, Click reported revenue of USD 3.2 million, reflecting a 25% year-on-year growth [4]

• 1978年—1984年：在南充氮肥厂、长江液压件厂担任车间主任、工程师。 • 1984年—1987年：在泸州市进出口公司担任进出口部经理。 • 1987年—1992年：任泸州市经委高级经济师、处长，新产品开发中心主任。 谢明，1955年10月出生，四川仁寿人，经济学硕士，高级经济师，享受国务院特殊津贴专家。 • 学历：经济学硕士。 • 进修：曾在四川大学学习，获得MBA学位；在清华大学学习，获得EMBA学位。 早期工作 • 1997年—2004年：任泸州市龙马潭区委副书记、区长，区委书记、区人大常委会主任。 泸州老窖任职 • 谢明在任期间，推动泸州老窖从传统国企向现代化企业转型，提出"产业壮大资本，资本推动产业"的经营理念，形成产业与资本市场"双轮驱动"的良性循 环。 • 2004年4月—2005年12月：任泸州老窖集团公司董事局主席、总裁，泸州老窖股份有限公司董事长、党委书记。 • 2005年12月—2015年7月：任泸州老窖集团董事局主席，泸州老窖股份有限公司董事长。 • 2015年7月后：卸任泸州老窖股份公司董事长，继续担任泸州老窖集团董事局主席。 • 品牌建设与市场拓展： • 他主导了泸州老窖的品 ...

点击小程序查看报告原文 提振内需的必要性与政策实施的有效性正在提升 外部冲击之下，"扩内需"必要性进一步提升。 美国近期实施的关税政策力度远超预期，扰动全球贸易秩序，加剧全球经济放缓风险。中美贸易摩擦动态 演绎，截至4月16日，中国出口美国的个别商品累计各种名目的关税已达到245%[1]。在此背景下，我国政府迅速采取针对性措施，包括对等关税、出口管 制、反倾销调查、WTO诉讼等[2]，维护多边贸易。与此同时，在外部尤其贸易前景尚不明朗的背景下，更为积极地实施内需刺激政策必要性提升，以国 内增长确定性应对外部环境的不确定性。 当前时点"扩内需"的效果或优于以往。第一，从政策空间来看， 近期公布的物价数据显示，CPI同比2月起再次进入负增长区间，PPI同比持续低位运行， 通胀低位为货币宽松和财政刺激提供了更大操作空间。 第二，从政策目标来看， 扩大内需是去年底经济工作会议以及两会明确的首要任务[3]。特别地， 2024年地方政府债务置换计划落地后，地方偿债压力缓解，为新增投资及民生支出释放财政空间，地方政府配合中央逆周期调控的能力和意愿增强。 第 三，私人部门信心逐步企稳。 3月统计局公布的商品房销售面积、销售金 ...