Core Viewpoint - The manufacturing sector in China shows signs of improvement, with the Purchasing Managers' Index (PMI) for June rising to 49.7%, marking a 0.2 percentage point increase from the previous month, indicating a continuous upward trend for two consecutive months [1] Manufacturing Sector Summary - The PMI for the equipment manufacturing industry reached 51.4%, up 0.2 percentage points from last month, with both production and new orders indices above 53% [5] - The high-tech manufacturing PMI stood at 50.9%, remaining stable compared to last month, with production and new orders indices around 52% [5] - The consumer goods manufacturing PMI increased to 50.4%, a rise of 0.2 percentage points, reflecting steady growth [7] - The basic raw materials industry PMI rose by 0.8 percentage points, ending a three-month decline [7] Enterprise Type Analysis - Large enterprises continued to expand, with their PMI at 51.2%, an increase of 0.5 percentage points from last month, indicating significant support for the overall manufacturing sector [9] - The PMI for medium-sized enterprises increased by 1.1 percentage points, ending a two-month downward trend, with new orders index rising over 4 percentage points, showing a notable recovery in demand [11] Non-Manufacturing Sector Summary - The non-manufacturing business activity index for June was 50.5%, a slight increase of 0.2 percentage points, indicating continued expansion [11] - The service industry business activity index was 50.1%, showing stability in the sector [11] - The construction industry business activity index rose to 52.8%, up 1.8 percentage points, indicating a recovery in activity levels [11] - The civil engineering construction index was at 56.7%, remaining above 55% for three consecutive months, suggesting rapid progress in infrastructure projects [11] - Investment-related activities in the construction sector have shown significant recovery, supported by the expansion of special bond investments [11]

在市场需求和企业原材料采购活动同步扩张的支撑下，主要原材料购进价格指数和出厂价格指数均较上月明显回升。制造业市场价格总体 水平有所改善。从不同规模企业看，制造业大中型企业景气度均有所提高，特别是大型企业扩张势头有所加快，对制造业整体支撑作用显著。 央视网消息：国家统计局、中国物流与采购联合会6月30日联合发布的数据显示，6月份中国制造业采购经理指数（PMI）为49.7%，比上 月上升0.2个百分点，制造业景气水平继续改善。 6月份制造业采购经理指数升至49.7%，在调查的21个行业中有11个位于扩张区间，比上月增加4个，制造业景气面有所扩大。从产需两端 看，生产指数和新订单指数分别为51%和50.2%，比上月上升0.3和0.4个百分点，新出口订单指数也连续2个月上升。制造业生产活动加快，市 场需求有所改善。在产需回升的带动下，企业采购意愿也有所增强，采购量指数为50.2%，较上月上升2.6个百分点。 国家统计局服务业调查中心企业景气处处长霍丽慧称："从重点行业来看，装备制造业、高技术制造业和消费品行业的PMI都是连续两个 月位于扩张区间，其中装备制造业的生产指数和新订单指数本月均高于53%，相关行业产需两端还 ...

国家统计局数据显示，综合PMI产出指数继续扩张。6月份，综合PMI产出指数为50.7%，比上月上升0.3 个百分点，表明我国企业生产经营活动总体扩张有所加快。构成综合PMI产出指数的制造业生产指数和 非制造业商务活动指数分别为51.0%和50.5%。 ...

以下文章来源于网易数读 ，作者网易数读 学最杂的专业， 干最"牛马"的工作。 文 ｜ 酒酿梅子 来源｜ 网易数读（ID：datablog163） 封面来源 ｜ Unsplash "6·18""双十一"等网购节，把日历变成上亿消费者的剁手倒计时；网红主播们在直播间动动嘴皮子，就能撬动百万订单。 电子商务，早已融入我们的生活，也成了高校新增专业方向的"香饽饽"，如今有超600所高校开设电子商务类专业，前景看起来一片大好。 然而，无论是往届毕业生，还是"网红名师"，一谈起电商专业，劝退的声音就接连不断，甚至还流传着"学电商不如跑外卖"的说法。 电子商务类专业真的不香吗？ 网易数读 . 网易旗下栏目，用数据说话。 电商，时代风口下的热门专业 1995年，杰夫·贝索斯用美洲最长的河流为名，建立了亚马逊网站，目前仍是全球最大的电商网站之一。而四年后，中国连邦软件公司以此为灵感，创办 了"珠穆朗玛"，也就是当时国内最热门的B2C类零售网站8848 [ 1][ 2] 。 免运费、优惠券、在线客服、购买评价等你以为很"现代"的电商标配，8848 早在二十多年前就玩过了 [3] 。 时代的风口上，电子商务专业应运而生，2000 ...

Group 1 - The core idea of the article is the establishment and operation of the Silicon Valley Town Business Community in Yuhang District, which aims to provide comprehensive services to enterprises and enhance the sense of belonging among employees [2][3][4] - The Silicon Valley Town Business Community covers an area of approximately 4.91 square kilometers, with 903 enterprises currently operating and nearly 10,000 employees [3][5] - The community has a dedicated team of service personnel, including 7 social workers and 2 grid members, to ensure responsive and effective support for businesses [3][4] Group 2 - The community emphasizes social attributes alongside business functions, aiming to create a sense of home for employees, particularly those from outside the region [4][5] - Various activities and social clubs have been established to enhance employee engagement, including sports events and community gatherings [5] - The future vision for the Silicon Valley Town Business Community includes fostering a collaborative ecosystem for entrepreneurship and resource sharing, leveraging digital management and customized services [5]

杨涛老师-大客户营销实战专家 25年大客户营销管理实战经验 【毕业于知名高等学府，拥有扎实的理论知识】 【曾任职于知名大型企业管理岗，拥有丰富的实战经验】 ——任职理光期间—— 1）就任全国中资大客户业务推进中心负责人，紧抓行业聚焦战略，带领团队实现全国CMA整体业绩年 均增长20%-28%（最后实现年业绩1.7亿）。 2）就任上海分公司总经理期间，长期贯彻"做正确的客户"，充分挖掘了现有大客户的潜力资源，并标 准化了各个团队的业务管理模式和方法，最终达到年均业绩增长率12%-20%（最后年业绩1.2亿）。 曾任：理光（世界500强）|销售部副总经理、新兴市场部总经理 曾任：米思米精密机械贸易|全国大客户部部门经理 曾任：TNT国际快递|广州分公司销售部门经理 1）中山大学MBA 2）美国麻省理工学院MBA 3）美国玛赫西国际大学PhD管理博士 曾任：富士施乐广州分公司（世界500强）|高级销售经理 擅长领域：大客户营销、高效销售团队打造、商务谈判、营销沟通等 【大客户营销战场的"业绩MVP",创下多个傲人的成绩记录】 杨老师拥有世界500强企业营销管理实战经验，因出众的工作能力被领导派任接待国家级/省级领导 ...

中新社布鲁塞尔6月27日电 (记者德永健)总部设在布鲁塞尔的欧盟中国商会27日举办2025中欧商业高峰 论坛，150余名中欧企业界代表及政界、学界人士齐聚一堂，就中欧经贸现状及挑战、未来合作路径等 议题展开讨论。 中国驻欧盟使团公参刘渝表示，当前，中欧在绿色能源、人工智能、大数据、电子商务等领域蕴含巨大 合作潜力。中方愿同欧方通过对话协商妥善解决经贸分歧摩擦，也愿同欧方共同反对单边主义、保护主 义，维护开放合作的国际环境。 在分论坛环节，与会人士围绕"商协会—合作的平台""中欧建交50周年：共生繁荣照亮世界"等主题展开 讨论，分享在国际合作、政策倡导、商协会推动企业发展等方面的实践经验，就中欧在新能源、绿色经 济等领域的合作机遇与发展前景发表观点。(完) （文章来源：中国新闻网） 中国驻比利时大使费胜潮出席论坛并致辞。他表示，当前国际贸易格局正在发生深刻变革，全球南方国 家货物贸易占比已从25年前的不足三分之一跃升至目前的45%。特别值得注意的是，全球服务贸易蓬勃 发展，远超货物贸易增长率，这为深化中欧经贸合作提供了良好基础。 费胜潮强调，全球化是历史发展的必然趋势，任何试图筑墙设垒、闭关自守的做法都违背时代 ...

匡洪广介绍说，中国商办写字楼沿袭国外资管逻辑的传统标准，已经难以胜任楼宇经济进化升级的新诉 求，中国产业发展促进会楼宇经济和总部经济分会试图通过标准引领，推动行业进化升级，从单一"资 管逻辑"进化到"产业逻辑"。未来，写字楼运营评价的重点不再是项目硬件和地段，而是运营团队的招 商水平等软实力，同时还要考量入驻企业的品质。 当前，中国商办写字楼市场面临严重供需失衡，楼宇经济发展面临严峻挑战，楼宇运营的逻辑和内涵正 在发生深刻变化。如何重构新秩序，找到新平衡？中国产业发展促进会楼宇经济和总部经济分会执行会 长匡洪广在发布会上指出，新周期、新逻辑折射了运营水准和团队能力前所未有的重要性，只有以卓越 运营赋能项目，才能在供需失衡的市场中胜出。 据介绍，《规范》是首次从运营和产业的维度对商务楼宇和园区开展评价。通过标准制定和认证，《规 范》旨在引导运营商为入驻企业提供高品质服务，跳出同质化内卷竞争的红海。 2025年6月26日，中国产业发展促进会楼宇经济和总部经济分会在北京正大中心举行新闻发布会，会议 详细介绍了《商务楼宇（园区）卓越运营服务评价规范》（下称《规范》）编制的背景、意义、框架结 构、评价细则等情况。 据悉 ...

Financial Data and Key Metrics Changes - Revenue reached HKD 13.3 billion, a 12.9% decrease compared to the same period last year, primarily due to a decline in sales of gold products caused by high gold prices [6] - The group's profit for the year decreased by 39.3% to HKD 1 billion, with basic earnings per share decreasing by 37.9% to HKD 1.87 [6][7] - Total operating expenses increased by 13.7% to around HKD 2.6 billion, leading to an increase in the ratio of total operating expenses to revenue by 4.6 percentage points to 19.6% [8][27] - The group's NAV per share was HKD 22.38, a 2.2% increase from the same period last year [11] Business Line Data and Key Metrics Changes - Retailing revenue decreased by 13.5% to HKD 11.1 billion, accounting for 82.7% of the group's total revenue, with segment profit decreasing by 17.7% to HKD 1 billion [14] - Licensing income decreased by 12.6% to HKD 904 million, accounting for 6.8% of the group's total revenue [16] - Wholesaling revenue declined by 8.8% to HKD 1.4 billion, accounting for 10.5% of the group's total revenue, with segment profit decreasing to HKD 14 million [15] Market Data and Key Metrics Changes - Revenue from Hong Kong, Macau, and overseas markets decreased by 19.6% to HKD 8.07 billion, accounting for 60.5% of the group's revenue [11] - Revenue from the Mainland market decreased by 0.2% to RMB 5.3 billion, accounting for 59.5% of the group's total revenue, with segment profit decreasing by 40.7% to HKD 577 million [12] - Retailing revenue in Mainland increased by 10.4% to HKD 3.1 billion, accounting for 59.9% of Mainland market's total [21] Company Strategy and Development Direction - The group has set a new three-year corporate strategy focusing on overseas market expansion, market-oriented products, and operational efficiency enhancements [29] - Plans to enter three more countries and establish 50 new overseas shops within the next three years [29] - The group aims to net 50 shops in the Mainland market and approximately 20 shops in overseas markets in financial year 2026 [31] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about medium to long-term business prospects in the Mainland and expects improvement in the Hong Kong market [30][52] - The group anticipates a rebound in sales performance in the Mainland market due to new product launches and effective marketing strategies [48][52] - Management noted that the high gold prices have affected consumer sentiment but expect sales of gold products to normalize as consumers adapt [41][42] Other Important Information - The average international gold price increased nearly 30% year on year, impacting sales of gold and platinum products [17] - The group has integrated ESG principles into its corporate planning and received 40 awards in FY '25 [40] Q&A Session Summary Question: Can you elaborate on the recovery in sales momentum for Mainland China? - Management noted strong performance in fixed price gold jewelry products due to new collections and effective promotions, with a new ambassador contributing positively [48][49][51] Question: What is the ASP trend for fixed price gold products? - The contribution of fixed price gold products to overall retailing revenue increased from 33% to 54%, with expectations for continued growth [56][66] Question: What is the guidance for same store sales growth and profitability? - Management expects double-digit growth for same store sales across all regions in FY 2026, with a stable gold hedging ratio maintained around 20% to 27% [61][62]

Core Viewpoint - The report discusses the independent financial advisory provided by Fangzheng Securities for Mengwang Cloud Technology Group Co., Ltd.'s issuance of shares and cash payment to acquire assets, along with the fundraising for related transactions. Group 1: Transaction Overview - Mengwang Technology plans to acquire 100% equity of Hangzhou Bicheng Digital Technology Co., Ltd. through a combination of issuing shares and cash payment [5][6] - The transaction is part of a broader restructuring effort aimed at enhancing the company's market position and financial stability [4][5] Group 2: Financial Advisory Commitment - Fangzheng Securities commits to conducting thorough due diligence and ensuring that the information disclosed aligns with the company's official documents [2][3] - The advisory report emphasizes the importance of transparency and accuracy in the financial statements related to the transaction [2][3] Group 3: Regulatory Compliance - The transaction adheres to relevant laws and regulations, including the Company Law and Securities Law, ensuring compliance with the guidelines set by the China Securities Regulatory Commission [2][4] - The report highlights that all parties involved are responsible for the authenticity and completeness of the provided information [2][3] Group 4: Stakeholder Relationships - The report outlines the relationships between the transaction parties, including the controlling shareholders and management of Mengwang Technology, ensuring no conflicts of interest exist [3][4] - It also details the backgrounds of the major stakeholders involved in the acquisition, including their previous administrative or criminal penalties [3][4] Group 5: Asset Evaluation - The evaluation of the target company's assets is based on appropriate methods and assumptions, ensuring that the valuation aligns with industry standards [4][5] - The report discusses the potential impact of the acquisition on Mengwang Technology's profitability and financial condition post-transaction [4][5]