9月16日，深圳市铭利达精密技术股份有限公司接待了国健安基金、汇垠澳丰基金等18家机构的特定对 象调研，活动在公司展厅及会议室展开，董事、董事会秘书杨德诚先生与证券事务代表张后发先生参与 接待。 本次投资者关系活动分为现场参观与现场交流两部分。在现场参观环节，接待人员引领投资者参观公司 展厅，并详细介绍了公司所处行业情况、业务模式、市场情况及核心竞争力等内容。 点击查看公告原文>> 责任编辑：小浪快报 在现场交流环节，公司就投资者提出的多个关键问题进行了回复： 1.经营绩效与财务状况：公司中报营 业收入增长显著，扭亏为盈趋势向好且出现去库存拐点，但毛利率有所下降，经营现金流为负。公司整 体营业收入同比增长，销售增长及产能利用率提升使整体费用率占比降低，内部加强费用管控，上半年 三费金额及占比同比下降，预计未来利润率将持续改善。 2.主营业务情况：公司主营业务聚焦精密结构 件及模具研发生产，形成多工艺一体化制造体系。上半年，压铸和注塑业务因销售增长毛利率改善；型 材冲压业务销售持平，但因资产规模增加、折旧及制造费用上升等因素，毛利率下降。公司多数为核心 客户的核心供应商之一，随着项目放量，订单有望持续增长。 3 ...

Group 1: Financial Performance - The company's revenue showed significant growth in the first half of the year, indicating a positive trend towards profitability, with a notable recovery in inventory levels [2][3] - The overall revenue increased rapidly year-on-year, driven by the growth in the new energy vehicle and energy storage sectors, as well as the end of the inventory destocking cycle in the photovoltaic industry [3] - Despite the revenue growth, the company's gross margin has been declining, and operational cash flow has remained negative [2][3] Group 2: Business Operations - The company focuses on the R&D and production of precision structural components and molds, utilizing an integrated manufacturing system across multiple processes such as die-casting, injection molding, profile, and stamping [3][4] - The company has established a strong market position as a core supplier for major clients, with expectations for continued order growth as existing projects ramp up and new projects enter mass production [3][4] Group 3: Strategic Initiatives - The company is expanding its overseas production capabilities in Mexico and Hungary to meet the demands of leading clients in the new energy vehicle, photovoltaic, and energy storage sectors [5] - The company is actively developing its presence in the robotics sector, collaborating with leading domestic enterprises, although the overall business scale remains limited [6][7] Group 4: Market Trends and Future Outlook - The photovoltaic and energy storage business is expected to see significant growth in 2025 compared to 2024, driven by increased customer demand and market expansion efforts [6] - The company anticipates substantial market potential in the new energy vehicle and photovoltaic sectors, which are expected to continue growing in the long term [9] Group 5: R&D and Talent Management - The company has established experienced R&D teams across various product lines, including mold development and structural component R&D [10] - A three-year stock incentive plan was launched in 2024 to motivate existing R&D personnel, indicating a commitment to talent retention and development [10] Group 6: Shareholder Relations - The company has undertaken stock buybacks, completing a buyback of 100 million yuan in 2024 and 60 million yuan in 2025, to stabilize market confidence and protect shareholder interests [11]

Core Viewpoint - The article highlights the establishment of a comprehensive platform in the Hongqiao International Central Business District that supports enterprises in going global and facilitates international talent services through a one-stop service model [1]. Group 1: Platform Overview - The Hongqiao Overseas Development Service Center and the Hongqiao International Talent Service Center have been developed to provide integrated support for businesses and international talent [1]. - The overseas talent direct connection platform (Hongqiao) involves multiple police departments, focusing on services that facilitate the "introduction" of overseas talent [1]. Group 2: Services Offered - The platform offers over ten high-frequency police services, including the processing of foreigner visas, residence permits, and permanent residence documents, as well as the exchange of overseas driving licenses [1]. - Additional services include Hong Kong and Macau visa endorsements and APEC business travel card applications, promoting international exchanges for domestic talent [1]. Group 3: Future Plans - The public service department of the business district plans to continue optimizing service functions and introducing more service resources to support enterprises in the Yangtze River Delta region and international talent exchanges [1].

CNO Financial Group Investor Briefing Summary Company Overview - **Company**: CNO Financial Group (NYSE:CNO) - **Focus**: Consumer Division, targeting middle-income America - **Purpose**: To secure the future of middle-income America [1][2] Key Points and Arguments Distribution Strategy - **Control of Distribution Channels**: CNO operates its distribution channels, avoiding reliance on intermediaries, which reduces sales volatility and enhances resilience [4][5] - **Health and Wealth Solutions**: CNO offers both health and wealth products, allowing for a holistic approach to consumer needs, particularly as they age [5][6] Target Market - **Middle Market Focus**: CNO serves middle-class households, which have significant needs for insurance and financial planning but cannot afford to self-insure [6][7] - **Medicare Navigation**: CNO agents assist consumers in navigating Medicare, which builds trust and leads to further financial planning opportunities [7][8] Product Offering - **Diverse Product Range**: CNO manufactures most of its products, allowing for control over pricing and claims. For products outside its capabilities, it partners with third parties for distribution fees [8][9] - **Sales Channels**: CNO utilizes direct marketing, career agents, and independent agents to reach consumers, with a significant focus on digital engagement [10][12] Sales Performance - **Growth Metrics**: Life and health sales increased by 8% from 2023 to 2024, while annuity sales rose by 16% [32][33] - **Client Assets**: CNO manages over $17 billion in client assets, indicating strong growth potential in wealth management [31] Market Trends - **Demographic Shifts**: The aging population and increasing Medicare eligibility are favorable trends for CNO's business model [34][35] - **Economic Resilience**: CNO's products are essential and not discretionary, which helps maintain demand despite inflationary pressures [65][66] Additional Important Insights - **Agent Recruitment**: CNO has seen a reverse correlation between employment rates and agent recruitment, with higher recruitment during economic downturns [42][43] - **Financial Advisor Program**: The introduction of financial advisors has diversified the agent population and improved productivity [23][24] - **Technological Enhancements**: CNO has invested in technology to improve sales productivity and customer engagement, particularly in digital channels [14][54] Future Outlook - **Growth Potential**: CNO is positioned for continued growth due to strategic decisions made in previous years, including product diversification and technology investments [72][76] - **Market Adaptation**: CNO's ability to adapt to market changes, such as shifts in consumer preferences and economic conditions, positions it well for future success [34][35] Conclusion CNO Financial Group's strategic focus on the middle market, control over distribution channels, and diverse product offerings, combined with favorable demographic trends, positions the company for sustained growth and resilience in the financial services sector [35][36]

本文探讨了企业在等保设备部署中的实际场景、顾虑与误区。许多行业在追求合规时，往往忽视了实际业务需求，例如电商平台面临的数据同步困境。部署 方案的选择上，不同行业有各自的优缺点，传统银行倾向于核心集中与多边界防护，而中小企业则采用混合部署，面临合规统一难题。一站式服务的价值在 于全程陪伴客户进行规划、部署及验收，确保合规性与业务需求的平衡。未来的趋势显示，企业设备部署需要与业务架构相结合，推动全链路安全策略，并 在风险管理上采取分层、分区的方式，以增强企业安全能力。 创云科技（广东创云科技有限公司）成立于2015年，总部位于广州（地址是广州市越秀区东风东路808号华宫大厦15楼），在北京，上海，深圳，香港均设 有办事处，是一站式等保行业领导者，国内领先的一站式等保测评与云安全综合服务商。业务覆盖全国34个省级行政区，服务城市90+，服务客户1500+。 提供定级备案、差距测评、整改、安全检查等全流程专业服务。我们拥有ISO9001/27001/20000认证及CCRC等资质。服务团队由资深安全测评师、渗透工 程师，应用整改指导架构师、安全产品架构师，项目经理等组成，深耕文旅、教育、医疗、能源、物流、广告等多个行 ...

Group 1 - The Zhejiang Provincial Market Supervision Administration announced the launch of a "one-stop" service 2.0 platform aimed at integrating market supervision tools and policies to better serve enterprises and the public [1] - By the end of this year, the plan includes the establishment of 25 provincial key platforms and the development of at least 120 comprehensive service plans for enterprises, with a target of enabling innovation technology transformation applications totaling no less than 2 million yuan [1] - The previous version, the "one-stop" service 1.0 platform, has already established 177 service points across the province, serving over 50,000 enterprises annually [1] Group 2 - In Hangzhou High-tech Zone (Bingjiang), the 2.0 service model integrates national quality infrastructure resources and has established 31 service stations covering 20 service items including business registration and intellectual property [2] - A case study highlighted that a company, Hangzhou Hongshan Technology Co., Ltd., successfully connected with experts through the service platform to assist in standard formulation, showcasing the platform's effectiveness in addressing enterprise needs [2] Group 3 - The "one-stop" service platform in the IoT Town provides various quality services such as inspection, testing, certification, and patent services, helping companies resolve issues related to resource accessibility [3] - Hangzhou Xingxin Technology Co., Ltd. benefited from the platform by obtaining 50 million yuan in pledge financing and receiving 83,000 yuan in interest subsidies, demonstrating the platform's role in alleviating financing challenges [3] - The same company also achieved six core invention patent authorizations within three months and reported product output exceeding 40 million yuan, along with receiving over 700,000 yuan in pledge financing rewards [3]

Summary of the Conference Call Company Overview - The company focuses on the entire commercial aerospace industry chain, covering low-altitude economy, high-altitude, and space sectors, with core competencies in electronic component quality assurance, manufacturing, and inspection services [2][5][10] - The company has rapidly increased its production capacity to approximately 2 billion yuan post-IPO, although second-quarter performance declined due to changes in project accounting methods and delays in project confirmations [2][8][19] Key Business Developments - The company has established a one-stop service model to expand market share and has formed partnerships with companies like Blue Arrow and CASIC [2][10] - In the aerospace sector, revenue for the first half of 2025 was approximately 38 million yuan, with inspection services accounting for over 90% of this revenue [2][13] - The company has a satellite testing equipment utilization rate of about 70%-80%, while manufacturing utilization is lower, but efforts are underway to improve this through strategic partnerships [2][20] Financial Performance - The second-quarter decline in performance was attributed to a shift in revenue recognition methods and delays in project confirmations, but overall operations remain stable [8][19] - The company expects to achieve annual revenue of 102 million yuan in the aerospace sector for 2025, representing a significant increase from the previous year's revenue of over 20 million yuan [19] Strategic Initiatives - The company plans to enhance missile production capacity to 20,000 units annually and is actively pursuing diversification into large aircraft, renewable energy, and nuclear energy sectors [3][24] - The company is also focusing on military informationization and the construction of a comprehensive aerospace system [23] Market Position and Competitive Advantage - The company is the only domestic entity with multiple aerospace certifications and has established a unique position in the commercial aerospace value chain [10][11][12] - Collaborations with major companies like Huawei have solidified its market position, with Huawei considering the company a rare resource due to its comprehensive testing capabilities [20] Future Outlook - The company anticipates continued growth in the aerospace sector, driven by increasing market demand and enhanced capabilities [14][21] - Future revenue growth will depend on the overall industry development pace and the company's ability to secure large-scale production tasks [19] Challenges and Risks - The company faces pressure on net profit margins due to significant upfront investments and ongoing expenditures in new industry directions [25] - The need for continuous capacity expansion and the potential for further financing to support growth initiatives are acknowledged [26][28] Additional Business Directions - Besides commercial aerospace, the company is making strides in the large aircraft sector and low-altitude economy, ensuring a diversified business approach [29] Brand Awareness and Market Presence - The company is enhancing brand recognition through marketing initiatives and establishing a presence in key markets, aiming to attract high-quality clients [30] Conclusion - While current performance has not yet exploded, the company is optimistic about future growth, particularly in commercial aerospace and domestic large aircraft sectors, and encourages investor support [31]

Core Points - The article highlights the innovative measures taken by the Xuzhou Public Security Bureau to facilitate night-time processing of exit and entry permits during the summer vacation, addressing the needs of working individuals and students [2][3] - The introduction of a "one-stop" service model has significantly improved the efficiency of administrative processes and enhanced user experience, allowing for streamlined operations and reduced paperwork [3][4] - The bureau has also implemented various convenience measures, such as weekend service windows and continuous service during lunch hours, to better accommodate the public's needs [4] Group 1 - The Xuzhou Public Security Bureau launched a night-time service for exit and entry permits to alleviate scheduling conflicts for working families and students [2] - The "High Efficiency in Handling Matters" window has simplified the approval process and improved service delivery for businesses [3] - The bureau received positive feedback from citizens, indicating that the new services are practical and beneficial [2] Group 2 - The introduction of "cross-province handling" for 13 high-frequency matters has been expanded, promoting electronic document sharing and reducing the need for physical paperwork [3] - The bureau has tailored services for foreign high-level talent and provided support for urgent entry of foreign business personnel [3] - The traffic management department has opened weekend service windows to meet the needs of drivers for various high-frequency services [4] Group 3 - Continuous service during lunch hours and the "Complete Before Leaving" initiative ensure that citizens can complete their business without time constraints [4] - The bureau employs various communication methods to remind eligible citizens and businesses about necessary procedures, enhancing overall service efficiency [4] - The measures taken by the Xuzhou Public Security Bureau aim to address the specific needs of the public, improving overall satisfaction and accessibility of services [4]

Core Viewpoint - Linuo Pharmaceutical Packaging (301188.SZ) is actively expanding its dual main businesses of pharmaceutical packaging glass and heat-resistant glass, while also disclosing multiple investment plans to support long-term development [1][4]. Group 1: Business Operations - Linuo Pharmaceutical Packaging focuses on the research, production, and sales of borosilicate glass, with key products including medium borosilicate pharmaceutical glass and high borosilicate heat-resistant glass, primarily used in pharmaceutical packaging and consumer goods [2]. - In the first half of 2025, the company achieved a revenue of 499 million yuan and a net profit of 40.97 million yuan, with total assets reaching 2.537 billion yuan, reflecting a year-on-year growth of 7.67% [4]. - The company is enhancing its production capacity for pharmaceutical glass, with the first kiln of the "Lightweight Pharmaceutical Molded Glass Bottle (Class I) Industrialization Project" ignited and operational since February [4]. - Linuo Pharmaceutical Packaging is also investing in high-quality enterprises in the pharmaceutical packaging sector to broaden its product range and facilitate one-stop procurement for pharmaceutical clients [4]. Group 2: Strategic Initiatives - The company has established an e-commerce subsidiary in Hangzhou to promote its own brands "LEBOLEBO" and "brohouse," while transitioning from an OEM model to an ODM model to better meet the needs of younger consumers [4]. - Starting in 2024, Linuo Pharmaceutical Packaging is focusing on global expansion, conducting assessments in regions such as Saudi Arabia, Brazil, and Southeast Asia, and has signed a cooperation investment agreement with SANTISA LABORATóRIO FARMACêUTICO S/A [6]. - The company plans to establish a "Science and Technology Innovation Center and Supporting Facilities Project" and expand its product categories, with a joint investment of 92.65 million yuan with its controlling shareholder, Linuo Group, to set up Linuo Innovation Technology (Shanghe) Co., Ltd. [6]. Group 3: Acquisitions and Growth - The board of directors approved the acquisition of a 30% stake in Suzhou Chuangyang New Materials Technology Co., Ltd. for 84 million yuan, which specializes in pharmaceutical packaging materials [7]. - The acquisition is expected to enhance Linuo Pharmaceutical Packaging's product offerings by integrating plastic packaging capabilities with its existing glass packaging, thereby providing a comprehensive "glass + plastic" service to mainstream pharmaceutical companies [7].

Core Insights - The "Louis" cruise ship has become a significant tourist attraction since its opening at the end of June, with daily visitor numbers stabilizing between 80,000 to 90,000, leading to increased demand for public facilities in the surrounding area [1] - The "Nanxi·Seaside Station" has been constructed rapidly to meet the needs of tourists, taking only 30 days from planning to completion, and is conveniently located a short walk from the cruise ship [1] Group 1: Services Offered - The station provides convenient services with over 200 square meters of usable space and nearly 40 resting seats, catering to both tourists' temporary resting needs and hosting corporate events, cultural lectures, and themed exhibitions [2] - Basic amenities include umbrella rentals, emergency supplies, and tea services, along with features like an independent tea room and self-service vending machines [2] Group 2: Unique Experience Enhancements - The station focuses on enhancing visitor experience through unique scene creation, including a dedicated live streaming room for promoting local shopping and cultural activities [2] - A special area for cultural and creative products showcases Shanghai's time-honored brands, providing insights into the history and cultural significance of these products through themed displays [2] - Future plans include the installation of self-service tax refund machines to cater to international tourists, enhancing the international service level of the shopping district [2]