编号：2026-001 | | □特定对象调研 | □分析师会议 | | | --- | --- | --- | --- | | | □媒体采访 | □业绩说明会 | | | 投资者关系投关 | □新闻发布会 | □路演活动 | | | 类别 | 现场参观 ☑ | | | | | □其他 线上交流会议 华鑫证券：林子健、江玥璇、程晨 | | | | | 九一基金：敖焱杰 择恒资本：邱文琰 | | | | 参与单位名称及 | 赢仕投资：李柯兵 | | | | 人员姓名 | 紫微星石私募基金：韩东民 | | | | | 首创证券：王松华 | | | | | 上海证券：葛博威 | | | | | 东方财富证券：高帅 | | | | | 兴业证券：李梅 | | | | 时间 | 年 月 日 2026 1 7 13:00-15:00 | | | | | 2026 年 1 月 8 日 14:00-16:00 | | | | 地点 | 现场 | | | | 上市公司接待人 | 副董事长、总经理许鸣飞先生 | | | | 员姓名 | 董事会秘书、副总经理吴文静女士 | | | | 投资者关系活动 | 1、公司近期经营情况如何 ...

Group 1 - The core viewpoint of the article is that Kaineng Health (300272) has outlined a strategic development plan for 2026, focusing on a dual-driven strategy of "building a foundation in the water purification industry and expanding the cell industry" under the theme of "new beginning, new energy, new journey" [1] Group 2 - Kaineng Health aims to fully promote its dual-driven strategy, which includes strengthening its core business in water purification while also expanding into the cell industry [1]

来源：市场资讯 针对上述提问，金丹科技回应称："尊敬的投资者您好，公司坚持'乳酸+可降解材料'双轮驱动战略，以 市场需求为导向，聚焦核心主业推进技术创新与市场拓展，目前经营一切正常，不存在应披露而未披露 的重大事项。公司治理始终严格遵循上市公司规范要求，积极与机构投资者保持沟通，努力提升治理透 明度与市场认可度；分别已于2024年和2025年实施了股份回购，同时积极推进股员工持股计划，充分体 现了管理层对公司长期发展的信心。二级市场股价受宏观环境、行业周期、市场情绪等多重因素综合影 响，波动具有复杂性，敬请投资者注意风险。感谢您的关注。" 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 有投资者在互动平台向金丹科技提问："董秘你好，请问公司如何看待今年股价涨幅与大盘的差异？是 否有提振措施。" ...

Core Insights - The article discusses how Junsheng Electronics leverages capital and strategic planning to achieve high-quality development and competitive advantages in the global automotive parts industry amid the trends of electrification and smart technology [1] Group 1: Mergers and Acquisitions - Junsheng Electronics' growth is closely linked to a series of strategic international mergers and acquisitions, including the acquisition of German company Preh and American company KSS, marking a significant transition from a local to a global player [1][2] - The company emphasizes a "dual-wheel drive" strategy, focusing on manufacturing as the main driver and capital markets as a supplementary force, which has embedded global integration and resource allocation capabilities into its operations [1][2] Group 2: Financial Performance - In the first three quarters of 2025, Junsheng Electronics reported a revenue of 45.844 billion yuan, a year-on-year increase of 11.45%, and a net profit attributable to shareholders of 1.12 billion yuan, up 18.98% [2] - The overall gross margin improved to 18.3%, with the third quarter achieving a gross margin of 18.6%, the highest in nearly three years, attributed to deep integration and synergy from global acquisitions [2] Group 3: Competitive Positioning - Junsheng Electronics is now the second-largest automotive safety system supplier globally, with strong competitiveness in smart driving, smart cockpit, and new energy management [3] - The company’s core competitiveness stems from its precise judgment of industry trends and timely market entry, enhancing its product lines and technological moat through successful acquisitions [3] Group 4: Future Investments - The company is focusing on the emerging robotics business, which, despite its current low revenue contribution, is seen as a significant growth area following smart connectivity and autonomous driving [4] - Junsheng Electronics has been proactive in the robotics sector for three years, leveraging its existing technology in automotive electronics and safety to develop robotic solutions [4][5] Group 5: Regional Advantages - The company acknowledges the advantages of its roots in Ningbo, which is characterized by high-end manufacturing and a complete industrial chain, contributing to its growth and operational efficiency [6] - The supportive business environment in Ningbo, including government and financial institution backing, is crucial for the company’s development and strategic mergers [6] Group 6: Strategic Vision - Junsheng Electronics emphasizes the importance of long-term vision and continuous innovation in manufacturing, requiring regular reassessment of its strategic direction every few years [7] - The company’s approach to industry transformation and its commitment to global expansion serve as a practical case for observing the evolution of Chinese manufacturing in the context of globalization and technological advancement [7]

截至2025年12月31日收盘，稳健医疗(300888)报收于37.84元，下跌0.58%，换手率0.42%，成交量2.46万 手，成交额9356.33万元。 董秘最新回复 投资者： 创业板本年上涨50%，公司股价本年下跌8%，目前已经破发，请管理层对此进行评价。 董秘： 尊敬的投资者，您好！公司股价波动受到多种外部因素影响，与市场整体表现可能存在阶段性 差异。管理层始终高度重视股东回报与市值表现，并将持续通过扎实经营、提升业绩及加强投资者交流 等方式，努力推动公司价值获得市场更加充分与广泛地认可。感谢您的关注与支持。 董秘： 尊敬的投资者，您好！公司股权结构稳定，控股股东对公司长期发展充满信心。公司一贯重视 所有投资者，并持续通过业绩说明会、路演互动及定期报告等多种渠道与市场保持沟通。经营方面，公 司始终围绕"医疗+消费"双轮驱动的差异化战略进行发展，近年来持续努力提升经营业绩和股东价值， 产品力和品牌力逐步得到市场广泛认可，美誉度越来越高。未来，公司将继续加强投资者沟通，传递长 期价值理念，争取更多长线投资者的认可。感谢您的关注与支持！ 投资者： 董秘你好，公司股价长期萎靡，容易让市场各方对公司的经营韧性 ...

日前，四川21个市（州）前三季度经济"成绩单"陆续发布。 摊开细看21份"成绩单"，发现成都表现继续亮眼，五大经济区中川南经济区发展较快，争创全省经 济副中心的7名"种子选手"也有不错表现，其中宜宾、绵阳、德阳、泸州的GDP增速跑赢全省平均水 平。 21名"选手"跑得快不快？绵阳宜宾破两千亿元大关 看总量，作为成渝地区"双核"中的一核和全省"一干多支"中的主干，成都表现继续亮眼：实现地区 生产总值14438.75亿元，同比增长10.0%，两年平均增长6.2%；占全省总量比重约为37%，几乎与上半 年（38%）持平。 前三季度，德阳新兴产业增长也较快。"通用航空、装备制造、先进材料等五大主导产业增加值同 比增长11.5%，对全市工业增长的贡献率达96.6%，主导引领作用不断增强。"德阳市统计局总统计师尹 顺清表示。 服务业逐步回暖，是多个市（州）前三季度经济增长的重要动力源。前三季度，我省第三产业增加 值同比增长9.8%，经梳理发现，过半数市（州）第三产业增速超过全省平均水平。以巴中为例，第三 产业对经济增长的贡献率达到近六成（59.4%）。"旅游业呈现恢复性增长。"巴中市统计局相关负责人 分析，这与巴中将文旅 ...

目前，盒马在全国已有近500家盒马鲜生门店和400家超盒算NB门店。 "购物车不够用了。"每当盒马开进一座新城市，盒马"首店"总会引起一阵热潮。元旦前夕，在浙江衢州，伴随着盒马鲜生衢州首店开门迎客，这家3600平方 米的门店一大早就被顾客挤满，甚至火爆到了附近路段堵车，现烤牛肉串、盒马烘焙、车厘子等成为抢购热点。 这是盒马鲜生2025年在新进入40个新城市时的常态。热闹背后，盒马CEO严筱磊在近日发布的新年全员信中披露，2025年，盒马鲜生进入了40个新城市，超 盒算NB新开门店超过200家，带动2025年盒马整体营收同比增速超40%，盒马鲜生与超盒算NB双业态服务超1亿消费者。盒马成功将新店开业的"人山人 海"落到了数字增长上。 在零售行业整体承压的背景下，盒马却在加速布局全国，在零售市场的挑战中找到新需求与新机遇。奔向千亿目标。在新零售的冬天里，盒马尝试如何"穿 越周期"，仍是最值得关注的新故事。 1."盒区房"越来越多了 过去的2025年，盒马的门店扩张有序进行中。除了开店数据，盒马确定了盒马鲜生与超盒算NB"双轮驱动"的新战略，前者复制成功模式，后者打磨最优模 型，在2025年落地了以这两个业态为主的 ...

以下文章来源于商业弧光 ，作者苗正卿 商业弧光 . 听风者，捕光人，最准点的商业节拍 值得注意的是，根据最新公开数据显示，目前盒马整体门店总数约为900家左右，其中盒马鲜生大约有500家， 超盒算NB 400家。据虎嗅此前掌握的数据显示，2025年盒马鲜生大约新增门店80余个，基于严筱磊此次透露 年内超盒算NB新增超过200家门店，计算后可以得出，盒马鲜生年内门店增速约为19%，而超盒算NB的门店增 速约为87%。 超盒算NB增速在年内骤增主要原因是盒马将其明确为两大战略重心之一，目的是向社区场景重点渗透。而这个 扩张速度还有望进一步提高，超盒算NB在11月开放了四城加盟，2026年加盟效应有望扩大。虎嗅获悉，盒马 会通过前期调研判断出最适合开设超盒算NB的区域点位，然后邀请在这个区域有影响力、有资源整合能力的投 资者参与加盟，并基于这些投资者的人脉、实力迅速在这个区域裂变。 内部信的另一个关键信息，与盒马的收入情况有关。据悉，盒马在2025年整体营收同比增速超过40%，服务消 费者数超过1亿。基于40%增速这个数据和去年盒马的GMV，虎嗅推测，到2026年3月财年结束，盒马GMV将 超过1000亿元。 出品 ...

Core Viewpoint - Haimer Technology has announced a restricted stock incentive plan for 2025, aiming to strengthen the alignment of interests between its core team and the company's long-term development [1][2]. Group 1: Incentive Plan Details - The company plans to grant restricted stocks to no more than 107 individuals, totaling up to 41.065 million shares, which represents 8.05% of the company's total share capital at the time of the announcement [1]. - The grant price is set at 4.82 yuan per share, indicating a strategic move to enhance organizational cohesion and execution capabilities [1]. Group 2: Organizational Adjustments - Concurrently with the incentive plan, the company has optimized its organizational structure, establishing a new M&A Investment Department to enhance its professional capabilities in industrial investment and due diligence [2]. - Key personnel adjustments include the appointment of Liu Miao as the head of strategic investment management and the focus of former Vice President Ma Jun on international business expansion [2]. Group 3: Strategic Implications - The incentive plan is seen as a critical institutional arrangement in the company's strategic transformation, aimed at providing talent support for its dual-driven strategy of consolidating its main business and expanding into emerging sectors [1][2]. - Industry insiders believe that by binding the interests of the core team with the company's medium- to long-term goals, Haimer Technology is positioned to enhance operational efficiency and accelerate its layout in emerging fields [3].

长沙晚报掌上长沙12月28日讯（全媒体记者 刘嘉）"我们在平台通过一物一码下单，可保障产品及时供应，杜绝 材料以次充好，同时还能降低采购、物流和管理成本。"近日，记者在长沙经开区采访湖南东云供应链管理有限公 司（以下简称"东云供应链"）时了解到，中医药传承创新工程建设项目在"B2B建筑产业互联网平台"进行建筑建 材采购，有效提升了工程管理质量，充分减少了工程施工中的浪费现象。 该平台由东云供应链自主研发，目前已服务国内超过1065个项目。 东云供应链的快速成长，源于其深入践行的"四大双轮驱动"战略，这构成了其难以复制的核心优势。 首先是平台与产业双轮驱动，将线上"产业互联网平台"与线下"精品产业园区"虚实结合，在拓宽资源渠道的同时 夯实产业根基，实现信息流与实体物流的高效协同。 其次是国内与国际双轮驱动，在深耕国内超过1065个项目、服务320家客户单位的基础上，积极瞄准中东、非洲等 海外市场，依托国内产能与技术优势融入"双循环"发展新格局，为建材"出海"搭建桥梁。 创新模式筑基，打造一站式实体供应链 近年来，东云供应链凭借其独特的创新商业模式和前瞻性的战略布局，不仅实现了自身的高质量发展，更为长沙 乃至全国 ...