Core Viewpoint - Qiaoyin Co., Ltd. has demonstrated significant financial improvement and strategic transformation, positioning itself for future growth in the urban services sector [1][2][3] Financial Performance - In 2024, Qiaoyin Co., Ltd. achieved a net profit of 309 million yuan, reflecting a year-on-year growth of 1.12% [1] - The company's cash flow from operating activities increased by 98.29% year-on-year, indicating improved liquidity [1] - Gross profit margin has steadily risen for five consecutive years, from 23.93% in 2020 to 26.86% in 2024 [1] - The "three expenses" ratio decreased by 0.88% to 13.23%, showcasing enhanced cost control capabilities [1] - Total assets and equity attributable to shareholders increased compared to the beginning of the period, reinforcing the company's industry position [1] Business Expansion and Strategy - Qiaoyin Co., Ltd. is accelerating its transformation into a "smart city steward," expanding its business into multiple sectors including property management, AI equipment, technology services, and recycling [2] - The company has added six key cities, including Chongqing and Ordos, with a total of 42 billion yuan in pending orders by the end of 2024, indicating strong sustainable development capabilities [2] - Qiaoyin Co., Ltd. is focusing on traditional business while also promoting a business integration strategy, with property management and recycling becoming new growth drivers [2] - The company is exploring a collaborative model of "urban services + AI + recycling," contributing to the construction of a green low-carbon circular economy [2] Technological Investment and Innovation - Qiaoyin Co., Ltd. has invested a total of 87.89 million yuan in R&D over the past two years [2] - The establishment of Qiaoyin Smart City Research Institute and the launch of autonomous driving robots in key cities demonstrate the company's commitment to technological advancement [2] - The upgraded smart sanitation system has improved operational efficiency while reducing labor costs, earning recognition through technology advancement awards [2] Industry Outlook - The urban services industry is poised for new opportunities with the advancement of the national "AI+" initiative and debt reduction policies [3] - Qiaoyin Co., Ltd. aims to leverage its technological accumulation, scale advantages, and strategic foresight to further solidify its leading position in the industry [3] - The company is focused on driving the transformation of urban services towards intelligence, low carbon, and cloud integration, enhancing urban development and residents' quality of life [3]

证券代码：002753 证券简称：永东股份 山西永东化工股份有限公司投资者关系活动记录表 编号：2025-002 （3）打造百万吨煤焦油加工工厂。 分配预案的议案》。拟以 2024 年度权益分派实施公告中确定 的股权登记日当日的总股本扣除回购专户上的股份后的股本 为基数，以未分配利润向全体股东每 10 股派发现金红利 1.50 元（含税），不送红股，不以资本公积金转增股本。 该议案还需提交公司 2024 年年度股东大会审议通过后方 可实施。 3.公司的业务拓展战略？ （1）煤化深加工产品向新材料领域拓展。 公司采购煤焦油自行精制炭黑原料油，在此基础上进一步 提取工业萘、洗油、轻油、沥青等化工产品。这些产品一方面 可作为染料、农药、医药、材料等产业的重要原料，另一方面 有效提升了炭黑品质的稳定性。公司现有改质沥青产能 20 万 吨/年，同时， "2×10 万吨/年蒽油深加工项目"与"50 万吨/年 煤焦油深加工项目"已通过公司股东大会审议，未来项目投产 后，将进一步丰富公司在煤化深加工新材料领域的产品线。 （2）推动炭黑产品向高端延伸。 公司投资建设 50 万吨/年煤焦油深加工项目已获股东大 会审议通过。项目完 ...

智通财经APP获悉，4月28日，兴业证券全球首席策略分析师张忆东在2025年度中国投资人峰会上分享 了对资本市场的看法。他表示，国际新秩序的序幕已经拉开，中长期来看，中国资产大有可为，正是重 估的时代。短期建议逢低布局战略性资产：科技、新消费、黄金军工。 张忆东称，总体来说，在中短期3到6个月的维度来说，依然会面临着很多地缘政治的不确定性，以及关 税政策的一些扰动。而且贸易政策带来的不确定性不会很快结束。 他表示，贸易战没有赢家，美国经济乃至全球经济都会受到贸易摩擦的影响。2025年美股很可能走出典 型的美股熊市，当然通常美股熊市调整的时间比较短，往往1到2年，甚至很多时候就是一年以内，但比 较急速、比较猛烈。 谈及中国资本市场，张忆东表示，内因才是决定中国资本市场重估的核心变量，新秩序正在悄然拉开帷 幕，而中国是新秩序全球治理新秩序的受益者，对中国看多。 他认为中国资产中长期大有可为，短期只是因为外因所导致的扰动。他认为下个阶段，中国构建双循环 经济发展的格局将会落到实处，从而成为世界经济增长的稳定锚。 同时他也指，中国资产重估是一个中长期逻辑。从中短期应对外部的一些冲击，政策上面有很多的空 间，会择机用好 ...

Core Insights - The company reported a revenue of 1.309 billion yuan for 2024, representing a year-on-year growth of 11.30% [2] - The net profit attributable to shareholders reached 138 million yuan, marking a significant year-on-year increase of 77.09%, the highest in nearly five years [2] Group 1: Supply Chain and Production - The company aims to build a regional supply chain closed loop in North America, with its U.S. subsidiary gradually increasing production capacity [2] - The Mexican factory has completed customer inspections and is about to commence production, enhancing supply chain resilience and service capabilities [2] - The company is implementing full-process automation logistics in its Mexican subsidiary, reducing management costs and enabling flexible production of various products [2] Group 2: Organizational Management and Data Security - The company is undergoing a global organizational management transformation, reshaping business processes and strengthening integrated management of finance and operations [2] - It is enhancing data security management by introducing bastion hosts and a full-stack operation and maintenance platform for unified management of global network nodes and data operations [2] Group 3: Product Development and Sales - The company is focusing on the research and development of new materials, expanding product diversity, and upgrading existing products with intelligent production lines [3] - Future efforts will concentrate on bio-based materials and circular economy to consolidate technological advantages [3] - The company has established stable partnerships with well-known brands and has been recognized as a "Best Partner" for several consecutive years [3] - It is included in the supply chain systems of global home improvement retailers like Home Depot, indirectly providing PVC flooring products to end customers [3]

随着人工智能AI的飞速发展，敏锐的投资者们正纷纷将资金投入到支持这一前沿技术的基础设施领域中。从如今各大IT企业在AI领域取得的累累 硕果中，不难看出半导体相关电子产品的未来市场需求潜力巨大。预计到2030年，仅芯片行业就将有望成为突破万亿美元级别的产业。 然而，AI等前沿技术在助力企业实现突破创新的同时，也带来了全新的挑战。随着消费者对电子产品需求的不断增加，以及产品更新换代周期的 缩短，电子废弃物已然成为全球增长速度最快的垃圾来源之一。 事实上，电子废弃物中蕴含着大量的珍贵原材料，包括金、钯、银、铁、铜和稀土矿物等。但据Statista数据显示，2022年全球产生的电子废弃物 中，仅22.3%(约1400万吨)得到了妥善回收及利用。尤其是自2010年以来，电子废弃物的产生量几乎翻了一倍，而同期其回收利用率却只增长了 70%。据预测，到2030年，全球将产生超过8000万吨的电子废弃物。在此背景下，改进与电子废弃物回收及利用相关的基础设施，对于行业的可 持续发展至关重要。 集成机器人为这一挑战提供了一种解决方案。通过结合协作机器人、SCARA机器人、数字孪生和柔性输送系统等，集成机器人解决方案能够在提 高电 ...

近年来，君正集团持续推动绿色转型发展，2024年度，450MW的光伏项目已实现全容量并网发电。按 照火电煤耗(标准煤)测算，该项目将投运每年可节约标煤超过30万吨，每年有效降低碳排放超过90万 吨。根据公开信息，2025年，君正集团计划深入研究产业链延链、补链、强链措施，积极研究布局绿 电、绿氢、绿氨等产业。2025年3月，君正集团与阿拉善盟行政公署达成了"阿拉善风光制氢及绿色能源 一体化项目"的战略合作的初步框架协议；若未来项目顺利实施，预计将进一步巩固现有产业链条的综 合竞争优势。(燕云) 君正集团（601216）发布2025年第一季度业绩报告。报告显示，2025年第一季度，公司实现营业收入 62.06亿元，同比增加19.39%；归属于上市公司股东的扣除非经常性损益的净利润9.46亿元，同比增加 26.26%。截至2025年3月底，归属于上市公司股东的所有者权益282.81亿元，较年初增长3.83%。 据公告，君正集团绿色低碳环保可降解塑料循环产业链项目已经全部建成并投入运行，在原有产业链条 基础上形成新的"石灰石—电石—煤焦化—甲醇—BDO—PTMEG"一体化循环经济产业链条，成功将乌 海地区的乙炔化工 ...

Core Viewpoint - The rapid turnover of electronic products, particularly mobile phones, has led to a significant amount of idle devices in China, with concerns over data security hindering recycling efforts [1][4]. Group 1: Recycling Process - China Resource Recycling Group has launched a mobile phone recycling service that ensures data security through sealed logistics and video-recorded disassembly [1][3]. - Users can choose between sending their phones via secure packaging or having them destroyed on-site, with the latter option costing 100 yuan [1][2]. - The recycling process includes crushing the phone's mainboard and melting it at high temperatures to recover precious metals like gold, silver, and palladium [5][6]. Group 2: Economic Impact - The recycling of mobile phones can yield significant economic benefits, with one ton of circuit boards potentially generating a market value of approximately 360,000 yuan [11]. - The copper ingots produced from the recycling process weigh between 500 to 600 kilograms and can be sold for 80,000 to 100,000 yuan, containing about 50 to 100 grams of gold and ten times that amount in silver [5][11]. - The processing fee for recycling is 2,600 yuan per ton, which is competitive compared to other facilities that charge around 1,000 yuan [5]. Group 3: Environmental and Social Benefits - The establishment of the recycling facility in Guiyu has transformed the local environment, improving air quality and restoring the local ecosystem [7][10]. - The initiative aims to create a comprehensive electronic waste recycling system that addresses the challenges of resource recovery and environmental protection [11].

Core Viewpoint - The core viewpoint is that the long-term re-evaluation of the Chinese capital market is primarily driven by internal reform factors, despite short-term external disturbances such as trade friction and economic recession risks [1] Group 1: Market Conditions - The U.S. stock market may face a typical "bear market" with a rapid adjustment expected by 2025 due to trade friction and economic recession risks [1] - Current volatility in the U.S. stock, bond, and currency markets has prompted a shift in policy stance, although the substantial impacts of trade friction have not yet fully materialized [1] Group 2: Economic Indicators - In the third quarter, U.S. inflation pressures and recession risks may resonate, potentially forcing the U.S. to return to negotiations [1] Group 3: China's Role - China is becoming an important stabilizing force in a multipolar world by constructing a dual circulation economy and promoting an inclusive international system [1] - Despite short-term external disturbances, the core driving force for the long-term re-evaluation of the Chinese capital market remains internal reform [1] - Chinese assets possess strategic allocation value amid the evolving global landscape [1]

Core Insights - Yongdong Co., Ltd. released its 2024 Sustainable Development Report, highlighting its strategic layout and achievements in economic, environmental, and social domains, achieving a revenue of 4.23 billion and a net profit of 110 million [1] Group 1: Green Development - Yongdong Co., Ltd. has established a circular economy industrial chain involving coal tar processing, carbon black production, flue gas power generation, and fine chemical materials, significantly enhancing resource utilization [2] - The company invested 63.33 million in environmental protection in 2024, focusing on pollutant reduction, ecological restoration, and technological innovation, showcasing its green competitiveness [2] - The 2×20MW carbon black flue gas power generation project aims to maximize heat recovery, reduce production costs, and lower carbon dioxide emissions [2] - The company has undertaken ecological restoration on 60 acres of barren land, planting carbon-sequestering tree species, and increased its green coverage area to 127,000 square meters, achieving a coverage rate of 25.7% [2] - Yongdong Co., Ltd. developed high-dispersibility low-resistance conductive carbon black, filling a domestic gap and achieving international advanced performance, receiving the first batch of "Shanxi Quality" certification [2] - The company plans to raise 365 million through a private placement to invest in a 2X10 million tons/year anthracene oil deep processing project, promoting product upgrades [2] - Yongdong Co., Ltd. has obtained 32 patents, including 2 new national invention patents during the reporting period, and has been recognized as a provincial-level green factory [2] Group 2: Social Responsibility - The company emphasizes employee welfare and community development, implementing a "filial salary" system for employees' parents and organizing various employee engagement activities [3] - Yongdong Co., Ltd. has provided annual benefits to elderly residents in Gaoqu Village for ten consecutive years, creating job opportunities for 500 villagers and transitioning from "blood transfusion" assistance to "blood production" revitalization [3] - The company ensures stable supply of raw materials through dynamic inventory management and supply chain optimization, fostering collaborative development with upstream and downstream SMEs [3] - Yongdong Co., Ltd. aims to reduce carbon dioxide emissions per unit product and increase the premium rate of carbon black by 2025, while advancing smart factory construction to enhance production efficiency [3] - The company is committed to becoming a global leader in green new materials by accelerating the layout of the entire coal tar deep processing industry chain [3] Group 3: Strategic Vision - The chairman of Yongdong Co., Ltd. stated that ESG is not only a compliance requirement but also a core competitiveness for high-quality corporate development, emphasizing the integration of economic, environmental, and social sustainability [4]

此次，中国资源循环集团有色金属投资有限公司落地，将立足杭州、面向全国、服务全球，深化央 地合作、企企合作，推动区域循环经济园区建设和产业生态圈构建，同时构筑"前端资源掌控点—行业 生态服务网—全产业价值延伸链"发展模式，打造资源高效配置、价值深度挖掘的循环经济范式，加快 破解我国有色金属资源短缺与产业分散难题。 此次落户上城的中国资源循环集团有色金属投资有限公司，将全力构建"1+2+N+X"协同共生的有 色金属回收再利用业务体系，即以科技创新为核心驱动，推动资源循环全链技术升级与数字化转型；以 铜、铝双基石业务为基本盘，筑牢规模化、集约化发展的产业根基；以多维增长矩阵（"N"）为延伸， 开辟贵金属高值化、战略金属储备化的新兴赛道；以区域协同网络（"X"）为支撑，形成全国资源集约 化布局与区域联动优势。 "9天完成从洽谈到落地'闪电战'，正是杭州营商环境的生动注脚。"上城区投资促进局党组书记、 局长刘婷婷透露，为保障项目顺利推进，省市区三级建立高效联动机制，市区投促部门组建两级项目专 班，从精准匹配落地物业，到全程陪同企业办理各类手续，以"保姆式"服务为企业排忧解难。 在发展循环经济方面，杭州具有"先天优势"— ...