膜法世家生产车间内，工作人员正在进行产品包装。 海龟爸爸科研发展展示区。 广州是中国的美妆之都，目前正着力发展成"国际美湾"。 据第二届"广州国际美妆周"会上发布的《2024广州化妆品产业白皮书》，截至2024年11月底，广州市化 妆品生产企业数量达1841家，约占广东省总量的56%，约占全国总量的31%。在产值方面，广州市化妆 品产业年产值超过1000亿元，占比超过全省70%，居全国首位。在流通领域，广州市拥有全国最大的化 妆品交易集散地，每年有近40万种化妆品在全国范围内流通，超过全国总量的一半。 功效、研发、价格、营销......广州美妆企业在面对竞争激烈的市场格局有何作为?"寻找南粤新质生产力 调研"第三期，我们走进化妆品行业优质企业代表，探寻企业发展的创新路径。 芭薇股份 芭薇股份成立于2006年，主要从事化妆品ODM业务，是一家具备护肤、面膜、洗护、彩妆等多品类化 妆品生产能力，集产品策划、配方研发、规模化生产、功效检测于一体的化妆品品牌客户服务商。截至 目前，公司累计服务的化妆品品牌超1000家，包括联合利华、多芬、力士、HBN、丸美生物、谷雨、 纽西之谜等。2024年3月，芭薇股份在北京证券交 ...

Core Viewpoint - The 21st China (Shenzhen) International Cultural Industry Expo (Cultural Expo) showcased the integration of cultural revitalization and industry in Shanwei, highlighting the achievements of the Deep-Shan collaboration [2][3][52]. Group 1: Event Overview - The Cultural Expo took place from May 22 to 26 at the Shenzhen International Convention and Exhibition Center, being the largest and most influential event in China's cultural industry [2][3]. - The event served as an important platform for showcasing regional collaboration achievements, featuring various innovative forms such as dual pavilion linkage and live-streaming to promote agricultural products [4][52]. Group 2: Shanwei's Cultural Presentation - Shanwei's themed pavilion, titled "Mountain and Sea, Meet Shanwei," became a unique highlight of the expo, featuring seven distinct thematic exhibition areas showcasing intangible cultural heritage and local specialties [9][11]. - The pavilion included displays of traditional crafts, cultural products, and local delicacies, attracting significant visitor interest and engagement [12][13][18]. Group 3: Agricultural and E-commerce Integration - The expo featured a sub-venue for the Qing Apple Live E-commerce Industry Park, exploring new paths for "live-streaming + industry" integration, which showcased various thematic activities related to rural revitalization and cultural tourism [27][30]. - The live-streaming events successfully promoted local agricultural products, with notable sales achievements reported by participating businesses [25][39]. Group 4: Cultural and Tourism Development - Concurrently held was the Cultural Tourism Resource Promotion Conference, which focused on exploring new pathways for the transformation and integration of the cultural tourism industry [41][52]. - Shanwei promoted its eight major islands and introduced a development plan aimed at enhancing tourism infrastructure and experiences, contributing to the revitalization of the local economy [44][46][47]. Group 5: Future Prospects - The expo demonstrated the fruitful outcomes of the Deep-Shan collaboration, with plans for continued support and cooperation to further enhance Shanwei's cultural and economic landscape [52][53].

为了寻找新的增长点，三只松鼠近年来推出了多个细分领域品牌，如"小鹿蓝蓝"、"养了个毛孩"、"铁功基"等。然而，这些新品牌的市场表现却普遍不 佳。以"小鹿蓝蓝"为例，尽管在2024年实现了7.94亿元的营收，但其占总营收的比重却有所下降，反映出该品牌在集团业务中的地位并未得到显著提升。 而其他新品牌更是几乎在财报中"隐形"，市场表现近乎为零。 在零食行业的激烈竞争中，三只松鼠，这个曾经被誉为"国民零食第一股"的品牌，如今却陷入了前所未有的困境。尽管其正积极筹备港股IPO，试图通过 资本市场寻找新的增长点，但深入分析其财务状况、市场表现及战略布局，不难发现，这一举动或许只是其掩盖颓势、寻求短期资金支持的无奈之举。 2024年，三只松鼠虽然实现了营收与净利润的双增长，但这一成绩并未能持续到2025年。一季度财报显示，公司净利润同比大幅下滑22.65%，扣非净利 润更是骤降38.31%，呈现出明显的"增收不增利"现象。销售费用和管理费用的激增，尤其是销售费用高达6.95亿元，同比增长17.24%，进一步侵蚀了公司 的利润空间。经营现金流的锐减更是引发了市场对其资金链紧张的担忧。 | | 本报告期 | 上年同期 | 本 ...

来源|21世纪经济报道 烧本烧烤肉门店以"火星探索"为主题，一度极具人气。 据官网信息，2021年5月，"烧本烧"本味烧肉店 在宁波正式开业时，张翰携张柏芝、李治廷等明星好友共同参与了品牌发布会，不少网红、KOL前来助 力。 根据窄门餐眼数据，截至5月27日， 仍有7家烧本烧烤肉门店在营 ，覆盖了5个省份、6座城市，大多聚 集在低线城市。 明星开餐饮，又出事了！ 一纸来自上海铁路运输法院的传票，将演员张翰与烧本烧餐饮公司的资本纠葛推上风口浪尖。 5月26日，法院送达烧本烧(上海)餐饮管理有限公司与张翰等追收未缴出资纠纷一案开庭传票等，将于7 月28日在上海铁路运输法院开庭审理。 曾作为烧本烧品牌"火星烤肉主理人"，张翰多次出镜宣传。 公开资料显示，该公司成立于2021年1月，注册资本1000万元，张翰曾持股10%，并于2023年4月退 出。值得注意的是， 张翰退出该公司时距离后者首次被限制高消费仅隔半年 ，时间线的微妙重叠引发 市场诸多揣测。 该公司关联多起破产拍卖信息，被列入企业经营异常名录 ，并已多次被限制高消费。2023年以来曾 5次 被列为被执行人 ，总金额达到224.92万元。2024年，烧本烧上海 ...

近日，深交所创业板某上市公司在前次重组终止仅三个月后，再度推出收购计划，拟收购某标的公 司股权。笔者认为，应强化对上市公司重大重组运作的制度约束。 该上市公司主营业务为针织机械，近年来多次尝试跨界并购，涉及半导体、移动互联网等领域。早 在2016年就因高溢价收购两家互联网公司，形成巨额商誉后爆雷，导致2019年和2020年连续出现巨额亏 损。今年2月宣告并购某半导体公司失败后，如今仅隔三个月又再度推出跨界收购计划。值得关注的 是，新标的公司经营范围涵盖近90项业务，与上市公司主营业务相差甚远，且标的公司IPO辅导报告显 示，其内控仍需持续整改。 应该说本案并非孤例。近年来，一些资质平平或存在问题的上市公司频繁运作资产重组，其目的不 排除通过制造重组题材刺激股价短期上涨，但最终往往未能真正提升公司盈利能力，有的甚至导致经营 状况进一步恶化。更有甚者，一些公司在重组过程中存在信息泄露、内幕交易等问题，有的最终沦为半 途而废的忽悠式重组。分析其原因，主要在于： 一是资产重组信息披露几乎无门槛。现行《上市公司重大资产重组管理办法》（下称《办法》）对 重组上市规定了一些规范性门槛条件，如"上市公司及其控股股东、实控人最 ...

Core Viewpoint - The legal dispute involving actor Zhang Han and the restaurant company Shao Ben Shao has brought attention to the challenges faced by celebrity-backed dining ventures, particularly in light of financial difficulties and operational issues within the company [1][5]. Company Overview - Shao Ben Shao (Shanghai) Catering Management Co., Ltd. was established in January 2021 with a registered capital of 10 million yuan [5]. - Zhang Han held a 10% stake in the company but exited in April 2023, shortly before the company faced restrictions on high consumption [5]. - The company has been associated with multiple bankruptcy auction notices and has been listed in the business operation anomaly directory, facing high consumption restrictions multiple times [5]. Financial Issues - Since the beginning of 2023, Shao Ben Shao has been listed as an executed party five times, with a total amount reaching 2.2492 million yuan [5]. - The company is undergoing bankruptcy review as of 2024, indicating severe financial distress [5]. Market Presence - Despite its challenges, as of May 27, 2023, there are still seven operational Shao Ben Shao barbecue outlets across five provinces and six cities, primarily in lower-tier cities [6]. Celebrity Involvement - Zhang Han, known for his roles in various popular dramas, has actively promoted the Shao Ben Shao brand, participating in its launch events alongside other celebrities [3][9]. - The trend of celebrities entering the restaurant industry has seen mixed results, with several high-profile figures facing operational difficulties in their dining ventures [10][13].

明星开餐饮，又出事了！ 一纸来自上海铁路运输法院的传票，将演员张翰与烧本烧餐饮公司的资本纠葛推上风口浪 尖。 5月26日，法院送达烧本烧(上海)餐饮管理有限公司与张翰等追收未缴出资纠纷一案开庭传票 等，将于7月28日在上海铁路运输法院开庭审理。 | | 股东 | 最新 2023-04-25 | 2021-01-12 | | --- | --- | --- | --- | | 注册资本 | | 1000.0000万元 | 1000.0000万元 | | | | 不变 | 不变 | | | | 持股比例:55.0000% | 持股比例:55.0000% 新进 | | 阮顺 | | 搏平 | ↑ 上升55.0000% | | 阮 自然人股东 | | 认缴出资额：550.0000万元 | 认缴出资额：550.0000万元 | | | | 不变 | ↑ 增加550.0000万元 | | | | 持股比例:25.0000% | 持股比例:25.0000% 新进 | | 李妮 | | 持平 | ↑ 上升25.0000% | | 种 自然人股东 | | 认缴出资额：250.0000万元 | 认缴出资额：250.0000万元 ...

Core Viewpoint - Yibin Paper's stock price has nearly doubled in the past month, reaching a historical high, primarily driven by a related acquisition of a controlling stake in Sichuan Push Acetate Fiber Co., Ltd. from its parent company Wuliangye Group [1][2] Financial Performance - In 2024, Yibin Paper's revenue is expected to decline by 8.34% year-on-year, with a net loss expanding to 128 million yuan, while the gross margin of its traditional paper business has turned negative [1][6] - The company reported a revenue of 2.238 billion yuan in 2024, down 8.34% year-on-year, and a net profit attributable to shareholders of -128 million yuan, a shift from profit to loss [6][8] Acquisition Details - Yibin Paper acquired 67% of Sichuan Push Acetate Fiber Co. for 206 million yuan, with the target company projected to generate a net profit of 149 million yuan in 2023 at a price-to-earnings ratio of only 2 [1][2] - The acquisition is seen as a strategic move to transform the business into high-barrier acetate fiber production, but faces significant integration challenges due to differing technologies and market channels [2][4] Debt and Financial Strain - Yibin Paper's debt ratio reached 91.69%, with a total debt of 2.54 billion yuan in short-term loans and 1.756 billion yuan in long-term loans, raising concerns about its financial sustainability [1][3] - The company is expected to incur fixed financial expenses of approximately 110 million yuan annually due to interest payments and debt repayments related to the acquisition [5][6] Industry Challenges - The paper industry is facing significant pressure, with Yibin Paper's paper product output declining by 18.79% and sales down by 9.7% in 2024 [7][8] - The average price of paper products has decreased by 5.7%, while production costs have increased by 11.2%, further squeezing profit margins [7][9] Market Valuation - Despite the short-term stock price surge, Yibin Paper's price-to-book ratio stands at 25 times, significantly higher than the industry average of 1.54 times, indicating potential long-term risks if performance does not meet expectations [10]

5月25日，2025中国国际体育用品博览会（以下简称"体博会"）在江西南昌落幕，展览面积16.37万平方 米，吸引1800余家企业参展。 今年的体博会上，人工智能是个关键词。 与此同时，新材料与跨界技术的应用进一步拓展了体育装备的边界。天津冻一动科技的零下110摄氏度 超低温冷疗仓采用电制冷技术，用于快速缓解运动后的肌肉酸痛；由15家企业组成的希飞碳纤维体育装 备联盟，集中展出滑雪板、球拍、自行车等10余类碳纤维产品，拓展了轻量化材料在运动领域的应用场 景；北京约顿气膜公司自主研发的模块化气膜场馆建设周期仅需30天，能耗较传统场馆降低2/3，其智 能系统可实时调控温湿度，为解决传统场馆建设难题提供了新思路…… "新科技、新技术在体育用品制造业领域的应用，不断推动体育用品企业加大研发投入和技术改造，提 升智能制造水平，加速实现向全球产业链、供应链中高端延伸、拓展。"国家体育总局体育经济司司长 杨雪鸫说。 据统计，本次体博会海外买家累计进场人次超4000，累计进场客商、观众5万人，境外VIP买家的意向 采购金额超过9000万美元。这次展会不仅是展示技术的舞台，更是中国体育制造向"智造"跃升的见证， 科技正让运动更 ...

Group 1 - Company Northern Long Dragon (北方长龙) is planning a cross-border acquisition of Henan Zhongsheng Composite Materials Co., Ltd. (河南众晟) through issuing A-shares and cash payment, with the stock suspension starting from May 26 [2] - The acquisition will not change the actual controller of Northern Long Dragon, and the transaction is still in the planning stage, with a preliminary agreement signed with the controlling shareholder of Henan Zhongsheng, Suo Jingshan, who holds 92% of the company [2] - Henan Zhongsheng, established in 2019, focuses on fiberglass pultrusion equipment, molds, and composite materials, employing over 150 staff, including 25 engineers [5] Group 2 - Northern Long Dragon, which specializes in military equipment, has faced significant performance pressure since its listing, with a revenue drop of 46.09% in 2023 to approximately 135 million yuan and a net profit decline of 85.61% [5] - In 2024, the company reported a further revenue decrease of 20.13% to about 108 million yuan, resulting in a net loss of approximately 10.89 million yuan [5] - In the first quarter of 2025, Northern Long Dragon continued to report losses, with revenues of about 20.57 million yuan, down 16.86% year-on-year, and a net loss of approximately 5.07 million yuan [6] Group 3 - The military vehicle equipment sector, where Northern Long Dragon operates, is characterized as a highly specialized market with significant technical barriers, shifting competition focus towards lighter, stronger, and smarter solutions [6] - The demand for high-performance non-metallic materials is expected to grow due to the modernization and informatization of military equipment in China [6]