21世纪经济报道记者 张伟泽 香港报道 中期报告指出，新型工业已成为香港工业的重要组成部分，其中包括"电脑编程、数据及工业互联网服 务"、"研发、设计、测试及环境工程服务"和"污水处理、废弃物管理及污染防治活动"。 香港新型工业的整体增加值由2000年的83亿港元增至2023年的402亿港元，增长近4倍。"电脑编程、数 据及工业互联网服务"在2023年的增加值为255亿港元，占新型工业整体增加值的63%，"电脑编程、数 据及工业互联网服务"在2023年的增加值为133亿港元，相较于2000年，两者分别增长逾4倍和大约3倍。 5月9日，香港工业总会委托香港大学经管学院所进行的《香港制造：新型工业化策略》发布中期报告 （下称"中期报告"），香港工业在2023年的增加值约为1271亿港元，占当年香港GDP的4.4%。同年，与 工业相关的生产性服务业的增加值约为4735亿港元，对GDP贡献率为16.2%。 香港工业总会主席庄子雄表示，制造业只是香港工业的其中一个部分，市场推广、IP打造、研发等高增 值的服务环节也是工业的重要部分，同时香港在这些领域的发展处于领先地位。新型工业化是香港未来 发展的方向之一，也可以推动香 ...

Group 1 - The 2025 Xiamen Industrial Expo, the largest industrial exchange event across the Taiwan Strait, opened on May 9 at the Xiamen International Exhibition Center [1] - The expo features strategic cooperation with two major exhibition companies, enhancing the coverage of the entire industry chain through concurrent specialized exhibitions [1] - The event attracted over 800 leading brands from more than 10 countries and regions, with an exhibition area of 76,000 square meters [2] Group 2 - The expo adopted an "1+N" exhibition structure, showcasing a gradient display matrix of "World's Top 500 + Specialized Champions + Specialized New" [2] - Notable participants include international and domestic brands such as Yamazaki Mazak, American Hauser, and Huawei, with over 20 conferences scheduled during the event [2] - The 2025 Cross-Strait Industrial Forum will discuss "Artificial Intelligence Empowering New Industrialization," promoting technical exchanges and industrial collaboration [2] Group 3 - The Xiamen International Exhibition Center is a model for smart venues, featuring 26 intelligent subsystems and an IOC smart operation center for real-time monitoring [3] - The venue enhances visitor experience through smart navigation, real-time information push, and dynamic presentation of exhibition and exhibitor status [3] - The expo leverages the advantages of a "new generation digital exhibition hall" to significantly improve the exhibition experience [3]

Core Insights - The article discusses the success of the web novel "Shao Song" after its adaptation into a comic, highlighting significant sales and viewership metrics that indicate a resurgence in interest for the original work [1][3][4] - The author, known for his historical novels, emphasizes the importance of industrialization and commercialization in cultural products, suggesting that adaptations can lead to growth and expansion of the original content [6][9][25] Group 1: Sales and Popularity Metrics - The first volume of the "Shao Song" comic sold over 50,000 copies within six months, and related videos garnered over 1.2 billion views on a short video platform [1] - The original novel's readership increased by 1322% year-on-year, leading it to rank among the top five bestsellers on the Qidian Reading platform [1] - The comic adaptation has topped the historical category subscription charts across all platforms [1] Group 2: Author's Perspective and Creative Process - The author, known as Liudan Pashui, transitioned from writing entertainment-focused works to historical novels, believing that history is his true calling [3][12] - He expresses satisfaction with the adaptation process, noting that the comic's main artist, Li Xiaonan, was a passionate reader of the original work, which contributed to the quality of the adaptation [6][8] - The author believes that the emergence of new media formats like comics and short videos does not diminish the value of written works but rather enhances their reach and audience engagement [9][25] Group 3: Themes and Character Development - "Shao Song" is set against the backdrop of the Jingkang Incident, featuring a modern university student who replaces Song Gaozong Zhao Gou, aiming to reshape Southern Song history [3][4] - The author focuses on creating heroic characters and engaging narratives that resonate with readers, particularly through the reimagining of historical figures like Yue Fei [4][20] - The narrative explores themes of historical reflection and the potential for change, as the protagonist grapples with the consequences of historical decisions [18][23]

由单一"传统化工"升级为"3+2"现代主导产业体系 水往低处流，人往高处走。近日，有着"三峡门户"之称的湖北宜昌市披露的一组数据显示，截至2024年 底，该市人才总量已达到86.2万人，城区新集聚人才超8万人。 与人才数量持续增长相对应的是，2024年，宜昌经济总量首次突破6000亿元，达到6191亿元，四年连跨 两个千亿台阶，并由此成为"中部非省会第一城"。 近年来，在构建"双循环"新发展格局与长江经济带战略纵深推进的大背景下，作为长江中上游区域性中 心城市、湖北省域副中心城市的宜昌，深入实施"双碳引领、枢纽赋能、强产兴城"发展战略，加快建 设"长江大保护典范城市"，走出了一条"聚人气、强动能、提能级"的具有自身特色的高质量发展之路。 在不确定性因素增加、城市竞争日趋激烈的今天，宜昌的持续发展进位，到底是如何实现的？背后又蕴 藏着怎样的独有密码？ 产业是城市发展的基石。产业强，则城市兴。梳理宜昌近年来的发展历程，可以发现，产业动能的更新 换代和持续壮大，可谓是其成功"逆袭"最为关键的因素之一。 01 在过去很长时间里，依托长江水运交通、水资源及矿产资源优势，化工产业一直是宜昌的支柱和优势产 业，在整个工业化 ...

Group 1 - The first Guangzhou International Smart Construction and Industrialized Building Industry Expo opened on May 8, attracting over 1,300 overseas merchants from 90 countries and more than 500 domestic enterprises [1][2] - The expo focuses on the entire industry chain of "smart construction + industrialized building," with a total signing amount exceeding 82 billion yuan for several significant overseas projects [1] - The theme of the event is "Smart Construction Industry Navigation," aiming to create a comprehensive international exchange platform to promote the upgrade from "Chinese construction" to "Chinese intelligence" and support the development of the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 2 - The expo covers five major industry tracks: digital design, smart production, intelligent equipment, prefabricated decoration, and smart furniture, with an exhibition area exceeding 20,000 square meters [2] - Various enterprises showcased the latest industry achievements around themes such as smart construction technology and equipment, industrialized building and prefabricated technology, and green building materials [2] Group 3 - A demonstration area for "robotic construction" was set up at the expo, showcasing the application of smart construction technology in various construction processes [3] - The "Cloud Construction Factory" developed by China State Construction Fourth Engineering Division attracted significant attention, featuring automated and streamlined construction processes [3] - Modular construction (MiC) was highlighted, allowing for industrialized prefabrication and on-site assembly, exemplified by the first super high-rise concrete modular building in Hong Kong [3]

Core Viewpoint - The restaurant industry is experiencing weak recovery, leading to pressure on demand and intense competition, which is impacting company performance. The company is focusing on new retail channels and expanding its dish and bakery product offerings, hoping for operational improvements in the future [1] Financial Performance - The company maintains a "buy" rating, projecting revenues of 1.993 billion, 2.183 billion, and 2.41 billion yuan for 2025-2027, with EPS of 0.91, 1.06, and 1.20 yuan per share. Given the significant development potential in the industrialization of rice and noodle products, the company is expected to accelerate growth as consumption gradually recovers. A valuation premium is applied, with a target price of 31.85 yuan per share based on a 35x PE for 2025 and a 2x PS for a valuation of 41.03 yuan per share [2] - In 2024, the company is projected to have revenues of 1.868 billion yuan, a year-on-year decrease of 1.71%, and a net profit of 84 million yuan, down 37.67%. The fourth quarter of 2024 is expected to see revenues of 504 million yuan, a decline of 11.93%, and a net profit of 2 million yuan, down 94.65% [2] - For Q1 2025, revenues are expected to be 470 million yuan, a year-on-year increase of 1.5%, while net profit is projected at 21 million yuan, down 37.98% [2] Profitability Metrics - The gross margin decreased to 22.04% in Q4 2024, down 3.42 percentage points, primarily due to changes in product mix and increased competition. The sales expense ratio increased by 0.74 percentage points, and the management expense ratio rose by 1.7 percentage points, leading to a net profit margin of 0.29%, down 6.77 percentage points year-on-year [3] - In Q1 2025, the gross margin is expected to be 24.42%, down 1.03 percentage points, with the sales expense ratio increasing by 2.12 percentage points due to higher online sales expenses from subsidiaries. The net profit margin is projected at 4.46%, down 2.81 percentage points year-on-year [3] Product and Channel Performance - The pre-prepared dishes segment is expected to grow rapidly in 2024, with a continued focus on increasing sales of dishes and bakery products in 2025. Revenue and growth rates for 2024 by product category are as follows: staple foods 914 million yuan (-6.88%), snacks 439 million yuan (-13.79%), bakery desserts 365 million yuan (0%), and frozen prepared dishes and others 142 million yuan (+273.39%). Core products like fried dough sticks, sesame balls, spring rolls, and egg tart skins saw revenue declines, while pre-prepared dishes experienced significant growth through optimized selection and increased new product development [4] - By channel in 2024, direct sales are expected to generate 809 million yuan (+4.34%), while distribution is projected at 1.051 billion yuan (-6.04%), primarily affected by weak restaurant demand. In 2025, the company plans to increase sales of frozen prepared dishes and bakery products, which are expected to contribute significantly to revenue growth [4]

证券代码：300466 证券简称：赛摩智能 答：尊敬的投资者，您好：公司已在定期报告中详细披露了本期财务状况及经 营成果，具体盈利数据建议您查阅正式报告。从核心指标来看，公司本期营业 收入、净利润等关键盈利指标承压 。公司后续将在管理上积极应对，持续通 过精细化运营、战略资源投入、风险防控等措施，推动盈利能力稳步提升。更 多细节请参考报告附注或后续投资者沟通，感谢您的关注！ 问题 6: 请问公司与靖和实业的合作有没有进展？ 赛摩智能科技集团股份有限公司 投资者关系活动记录表 编号：2025-026 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 线上参与公司赛摩智能 2024 年度网上业绩说明会的投资者 时间 2025 年 5 月 8 日 15:00-17:04 地点 东方财富路演平台 上市公司接待 人员姓名 董事长 杨景卓 总经理 厉冉 独立董事 袁朝春 副总经理 吴洪军 董秘 朱伟峰 财务总监 刘飞 投资者 关系活 动主要 内容介 绍 问题 1: 今年业绩有望转正吗？ 答：尊敬的投资者，您好： 2025 年公司将坚定信心 ...

Lincoln Electric (LECO) FY Conference Summary Company Overview - Lincoln Electric is celebrating its 130th year in 2025, recognized as a leader in arc welding solutions and automation capabilities [4][5] - The company is focused on driving profitable growth through its "Higher Standard 2025" strategy, targeting high single-digit to low double-digit growth, both organic and inorganic [5][6] Financial Performance - The company aims for a compound annual growth rate (CAGR) of 300 to 400 basis points from acquisitions, with current tracking at 440 basis points, exceeding targets [7][66] - Lincoln Electric has achieved an EPS CAGR of approximately 22% through 2024, surpassing its high teens to low 20s target [10] - Operating profit margins have improved from 13.7% to 15.7%, with a target of reaching 16% [8][10] - Cash conversion is targeted at 100%, with working capital objectives in the top decile at 15% [6] Market Position and Growth Strategy - The company is well-positioned across various end markets, including automotive (20% of business), general industries (32%), heavy industries (19%), energy (16%), and structural (13%) [15][16][22][24] - In Q1, four out of five tracked end markets showed growth, with automotive capital investment being strong while consumables were down mid-single digits [16][17] - The company is optimistic about long-term growth in automotive, heavy industries, and energy, despite short-term challenges [15][22][24] Pricing and Volume Dynamics - Lincoln Electric has implemented a pricing collar of 2% to manage growth expectations, currently tracking at 8% growth, with 11% excluding pricing [7][8] - The company anticipates mid-single-digit price increases for the year, offset by volume pressures [26][28] Strategic Focus Areas - The company is focusing on automation, EV charging, and additive manufacturing as growth adjacencies [5][39] - Lincoln Electric is investing in DC fast chargers and has broadened its product offerings in EV charging, targeting a market with increasing demand [41][44] - The automation segment has seen significant growth, with sales increasing from $400 million in 2020 to $911 million in 2024 [50] M&A and Capital Allocation - The company prioritizes growth through acquisitions while balancing capital allocation between internal investments and returning cash to shareholders [67][68] - Share repurchases are expected to be between $300 million to $400 million in 2025, with $107 million already executed in Q1 [69] - The integration of the Foray acquisition is progressing well, exceeding margin expectations [70][71] Conclusion - Lincoln Electric is strategically positioned for long-term growth, leveraging its strong market presence, diverse end markets, and focus on automation and electrification opportunities [34][36][39] - The company remains cautious in its outlook due to market uncertainties but is confident in its ability to navigate challenges and capitalize on growth opportunities [28][29]

按照《方案》要求，申请入库企业需为有效期内自治区专精特新中小企业和当年及下一年度参与复 核的"小巨人"企业，并围绕"三新一强"制定推进计划，承诺两年内完成相关投资目标。自治区将建立部 门协同机制，强化动态跟踪和服务指导，严格审核申报材料，重点遴选服务重点产业链、攻克"卡脖 子"技术、布局未来产业的企业，确保资金精准用于技术研发、成果转化和产业链协同等关键环节，提 升政策效能。 自治区工业和信息化厅有关负责人表示，《方案》的出台，是广西深化中小企业梯度培育、加快新 型工业化进程的重要举措，旨在通过三年努力，构建覆盖企业全生命周期的培育体系，形成创新能力 强、专业化水平高、产业链支撑作用突出的专精特新企业集群。下一步，自治区工业和信息化厅、财政 厅将联合各设区市及有关单位，推动政策落地见效，助力更多中小企业向"专业化、精细化、特色化、 新颖化"迈进。（骆万丽） 《方案》明确，重点支持企业加强创新能力建设，突破关键核心技术，推动科技成果转化应用；鼓 励企业围绕新能源汽车、高端装备制造、新材料等重点领域龙头企业的产业链需求，提升配套能力，增 强产业链韧性和安全水平。同时，引导企业对标国家专精特新"小巨人"评价标准，补 ...

□ 河南日报客户端记者 杨凌 河南日报社全媒体记者 杨亚坤 随着大会时间的逐渐临近，各界期待愈发高涨，活动筹备已进入最后冲刺阶段。 本次活动由工业和信息化部工业文化发展中心、郑州航空港经济综合实验区管委会、河南省工业和信息化厅、河南省工商业联合会联合主办。活动以"凝心 聚力·云枢启航·文明向新"为主题，将汇聚全国权威专家学者，科技型领军企业、高新技术企业、制造业单项冠军企业、专精特新"小巨人"企业，以及重点省 市区企业家代表，共同探讨新型工业化高质量发展之路，奏响新时代企业家精神的激昂乐章。 据了解，本次活动将紧扣"新工业革命"浪潮和"企业活—产业兴—经济稳"的发展逻辑，通过"1场开幕活动+2个主题活动+1场'尚贤'培训活动"的形式，为政、 产、学、研、资各界搭建深度对话平台，推动产业链协同创新，激发企业内生动力，助力区域经济腾飞。 其中，开幕活动将聚焦企业家精神与创新驱动，邀请各界嘉宾分享成功经验，探讨如何将企业家精神融入新型工业化实践；主题活动将围绕"引领未来，做 新工业革命先行者"和"链接四方，奏响中原工业最强音"展开，为企业在新工业革命浪潮中实现产业革新与技术升级提供思路和方法，挖掘具有高成长性的 工 ...