Core Viewpoint - The company is negotiating a lease for office space in the Shenzhen Huaqiang Cloud Industrial Park, which will serve as its headquarters in mainland China, marking a strategic move to enhance operations in a key economic region [1] Group 1: Strategic Objectives - Establishing a headquarters in mainland China is a crucial strategy for the company to deepen its business and expand operational capabilities in one of the world's most dynamic economic areas [1] - The office space will focus on three main functions: supply chain management, incubation center, and technology research and development [1] Group 2: Key Functions - Supply Chain Management: The company aims to centralize and enhance end-to-end supply chain operations, improving efficiency, controlling costs, and strengthening collaboration with mainland partners [1] - Incubation Center: The space will serve as a dedicated area for nurturing innovative projects, strategic partnerships, and new business initiatives, leveraging Shenzhen's vibrant ecosystem [1] - Technology Research and Development: A core R&D center will be established to drive long-term innovation and technological competitiveness for the company [1] Group 3: Expected Outcomes - The board believes that concentrating these key functions in Shenzhen, a global technology innovation hub, will significantly enhance the company's market position, accelerate growth, and create sustainable long-term value for shareholders [1]

(3)技术研发：「研发」：建立核心研发中心，推动集团的长期创新与技术竞争力。 董事会认为，将这些关键职能集中在全球科技创新中心深圳，将显著提升集团的市场地位，加速其成 长，并为股东创造可持续的长期价值。 (1)供应链管理：集中并加强集团端对端供应链营运的管理，提高效率、控制成本，并加强与中国大陆 合作伙伴的协作; (2)孵化中心：作为培育创新专案、策略合作及新业务的专属空间，充分利用深圳充满活力的生态系统; 以及 智通财经APP讯，中国供应链产业(03708)发布公告，公司正与深圳华强云产业园管理有限公司就位于中 国深圳华强云产业园内的办公场所租赁事宜进行洽谈。 若拟租赁最终达成，集团将设立中国大陆总部。设立中国大陆总部是集团深化业务、拓展在世界最具活 力经济区域之一的营运能力的重要策略举措。该办公场所将用于以下主要职能： ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並表明概不就因本公告全部或任何部分內容而產生或因倚賴該等內容 而引起之任何損失承擔任何責任。 本公司欣然宣布，本公司正與深圳華強雲產業園管理有限公司就位於中國深圳華強雲產業 園內的辦公場所租賃事宜進行洽談（「擬租賃」）。 擬租賃的理由及益處 若擬租賃最終達成，本集團將設立中國大陸總部。設立中國大陸總部是本集團深化業務、 拓展在世界最具活力經濟區域之一的營運能力的重要策略舉措。該辦公場所將用於以下主 要職能： （1）供應鏈管理：集中並加強本集團端對端供應鏈營運的管理，提高效率、控製成本，並 加強與中國大陸合作夥伴的協作； （2）孵化中心：作為培育創新專案、策略合作及新業務的專屬空間，充分利用深圳充滿活 力的生態系統；以及 (股份代號: 3708) 自願公告 本公告乃由中國供應鏈產業集團有限公司（「本公司」，連同其附屬公司統稱「本集團」） 按自願性基準作出，以向本公司股東及有意投資者提供有關本集團最新業務發展的最新資 料。 CHINA SUPPLY CHAIN HOLDINGS LIMITED 中國供應鏈 ...

Group 1 - In 2025, the company successfully established deep cooperation with multiple subsidiaries of China Communications Construction Company (CCCC) through public bidding, marking a significant breakthrough in the supply chain system of large state-owned enterprises [1] - The collaboration covers over 50 core categories, including safety protection, electrical products, hardware tools, and firefighting equipment, involving nearly 10,000 SKUs across more than 20 provinces and cities in China [1] - The company has demonstrated its comprehensive capabilities in serving national state-owned enterprises and major infrastructure projects, further validating its service quality and product offerings [1] Group 2 - The company has built a product matrix encompassing 14 categories, over 300,000 SKUs, and more than 1,000 well-known brands, leveraging its strong resource integration capabilities and self-operated product library [2] - A professional team with deep industry experience has been established to create a full-process procurement service system, ensuring efficient, precise, and reliable support for customers at every stage [2] - The multi-regional and multi-category cooperation with CCCC is a strong recognition of the company's supply chain management and service model by leading enterprises in the construction industry [2]

随着关税战持续等因素给全球贸易及经济增长带来不确定性，中国香港传统发展路径腾挪空间日趋收窄。为持续 发挥跳板和增值作用，中国香港在全球南方所积极布局的新网络和新路径将收效如何？ 文｜《财经》特派香港记者 焦建 编辑｜苏琦 在当前复杂多变的国际政治经济环境中，作为连接中国内地与世界的"超级联系人"和"超级增值人"，中国香港特 区的作用有望愈发凸显。 这源于国家在进一步深化改革进程中对香港提出的多项要求。除巩固提升国际金融、航运、贸易等中心地位，亦 包括"打造国际高端人才集聚高地"等新措施、新表述。 在全球经济波动性日益增强的当下，受益于"一国两制"等制度安排，香港的安全、稳定、可靠、高效和国际化营 商环境，也在不断吸引资金流入的同时汇聚企业和人才。 多类数字佐证了这种不断提升的信心：截至2025年8月，香港银行存款总额超过18万亿港元，按年录得超过440亿 美元资金净流入；截至9月，在2024年上涨18%基础上，恒生指数继续上涨30%左右，IPO（首次公开募股）市场 共筹集160亿美元资金，重夺全球排名第一；截至10月，香港已引进五批共计102家重点企业，预计将带来约600亿 港元投资、创造约2.2万个就业职位 ...

在当今全球经济联系日益紧密的背景下，商品从原产地到消费者手中的旅程变得顶尖水平复杂。供应链 往往横跨多个国家和地区，涉及众多参与主体。这种复杂性使得追踪产品来源、验证其真实性以及确保 流程透明度变得充满挑战。正是在这样的环境中，区块链技术展现出了其独特的价值，尤其是在产品溯 源领域，它提供了一种全新的解决方案。 区块链本质上是一个分布式数据库，或者可以形象地理解为一个共享的、不可篡改的数字账本。这个账 本由一系列按时间顺序排列的数据块组成，每个块都包含了一批经过验证的交易或信息记录。一旦信息 被记录到区块链上，就很难被修改或删除，因为任何改动都需要得到网络中多数参与节点的同意。这种 特性使其天然适合于需要高度信任和透明度的应用场景，例如产品溯源。 在产品溯源中应用区块链技术，其核心价值在于能够构建一条清晰、可信且不可篡改的信息链条。以下 是区块链溯源带来的几个关键改变： 1、信息透明与不可篡改。传统的溯源系统可能依赖于中心化的数据库，信息存在被单一机构修改或操 纵的风险。而区块链的分布式特性意味着数据不由任何单一方控制，而是存储在网络中多个独立的节点 上。一旦生产、加工、运输、销售等环节的关键信息被记录到链上 ...

Core Viewpoint - Nestlé, once a leader in the instant coffee market in China, is now facing challenges in attracting young consumers, necessitating a strategy to rejuvenate its brand and appeal to this demographic [2][8]. Company Overview - Nestlé, a Swiss food and beverage giant, has a diverse portfolio that includes coffee, dairy products, confectionery, beverages, and pet food, with over 2,000 brands operating in more than 100 countries [4]. - The company originated from a baby food product developed in the 1860s by pharmacist Henri Nestlé, which aimed to reduce infant mortality rates in Switzerland [4]. Coffee Business Development - Nestlé's instant coffee, Nescafé, was created in 1930 using spray-drying technology to address surplus coffee production in Brazil, becoming a staple for U.S. troops during WWII and gaining popularity post-war [5]. - The coffee segment has become a core part of Nestlé's business, with Nescafé generating approximately $10 billion in annual sales, accounting for 36% of the company's coffee business revenue [5][9]. - In 2018, Nescafé held over 70% market share in China's instant coffee market, significantly outpacing its closest competitor, Maxwell [5]. Market Trends and Challenges - The instant coffee market in China is currently valued at approximately 78 billion yuan, representing nearly half of the national coffee market, but has seen a slight decline of 1.5% year-on-year [9]. - The rise of fresh coffee consumption and changing health perceptions among consumers have led to a preference for low-sugar, no-cream instant black coffee, impacting traditional instant coffee sales [9]. - Competitors like Luckin Coffee and Starbucks have become more prominent in the minds of young consumers, overshadowing Nestlé's historical presence in the market [7][9]. Product Innovation and Strategy - In response to market changes, Nestlé has introduced new products, including upgraded classic series, zero-sugar options, and beverages like sparkling Americano, while also diversifying into various formats such as drip coffee and ready-to-drink products [9][10]. - Despite these innovations, Nestlé faces challenges in reshaping consumer perceptions, as many still associate the brand primarily with sugary instant coffee [10]. Distribution and Sales Dynamics - Nestlé has traditionally employed a "deep distribution" model, requiring distributors to purchase in bulk, which has led to inventory issues and financial pressures amid slowing consumer demand [11][12]. - Recent shifts in strategy aim to transition from a distribution-driven model to one focused on actual consumer sales, indicating a need for better engagement with end consumers [12].

Core Insights - The article discusses the transformation of Chinese enterprises from product trade to proactive global supply chain management, emphasizing the importance of smart logistics and robust supply chains as core competitive advantages in the global market [1][4] - SF Express has launched new international supply chain products and solutions to empower industry chain transfers, brand expansion, and production capacity relocation, showcased during an international logistics conference in Wuhan [1][4] Group 1: New Products and Services - SF Express introduced the "China-Vietnam Smart Delivery" service, designed for a new industrial model that involves supplying raw materials from China to manufacturing in Vietnam, with global distribution capabilities [1][2] - The "China-India Fast Shipping" service was launched to connect logistics channels between China and India, featuring over 40 weekly flights and a stable capacity of over 1,900 tons [2] - The "Yichain Tong" integrated trade solution was developed to address challenges faced by outbound enterprises, offering end-to-end services that include trade execution, financial services, logistics, and data empowerment [2] Group 2: Technological Support and Infrastructure - SF Express has developed the Baichuan digital system for automated management of logistics processes, significantly improving warehouse and return efficiency [3] - The company has a strong global logistics network, with a high density of air routes in the Asia-Pacific region, including up to 72 weekly flights from China to India [3] - SF Express's customs clearance services cover 79 ports globally, and its overseas warehouse space exceeds 2.5 million square meters [3] Group 3: Strategic Vision - SF Express aims to systematically build a cross-border supply chain management service product matrix that addresses challenges in global production and sales logistics [4] - The company seeks to enhance its position as a leading comprehensive supply chain service provider in Asia, aspiring to become an indispensable strategic partner for clients in their global expansion efforts [4]

Group 1 - The core point of the news is that Feima International's stock has declined by 5.09%, with a current price of 4.29 CNY per share and a total market capitalization of 11.417 billion CNY [1] - Feima International, established on July 9, 1998, and listed on January 30, 2008, primarily operates in supply chain management and environmental new energy sectors, with revenue contributions of 81.71% from the environmental new energy industry, 11.34% from comprehensive logistics services, 6.47% from PPP project construction services, and 0.47% from trade execution services [1] Group 2 - According to data from the top ten holdings of funds, one fund under the China Asset Management Company has heavily invested in Feima International, specifically the China Universal Environmental Governance Index (LOF) A (164908), which reduced its holdings by 32,370 shares, now holding 825,900 shares, accounting for 2.64% of the fund's net value [2] - The fund has reported a floating loss of approximately 190,000 CNY due to this reduction in holdings [2] - The China Universal Environmental Governance Index (LOF) A (164908) was established on July 19, 2016, with a current scale of 116 million CNY, achieving a year-to-date return of 26.26% and a one-year return of 14.76% [2]

天眼查App显示，近日，四川裕宏富粮酒供应链管理有限公司成立，法定代表人为杨裕民，注册资本 200万人民币，经营范围为一般项目：供应链管理服务；食品销售（仅销售预包装食品）；食品互联网 销售（仅销售预包装食品）；食用农产品批发；企业管理咨询；信息咨询服务（不含许可类信息咨询服 务）；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；组织文化艺术交流活动；机 械设备租赁；工业互联网数据服务；人工智能应用软件开发；网络与信息安全软件开发；软件开发；软 件销售；工程管理服务；金属矿石销售；仪器仪表销售；建筑材料销售；日用木制品销售；太阳能热发 电产品销售；橡胶制品销售；农副产品销售；木材销售；电气设备销售；通讯设备销售；电子产品销 售；化工产品销售（不含许可类化工产品）；水泥制品销售；电线、电缆经营；针纺织品及原料销售； 日用百货销售；办公用品销售；畜牧渔业饲料销售；工艺美术品及收藏品批发（象牙及其制品除外）； 包装材料及制品销售；润滑油销售；计算机软硬件及辅助设备批发；汽车零配件批发；集贸市场管理服 务。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）许可项目：酒类经营。（依法须 经批准的项目 ...