证券日报网讯12月12日，方大特钢（600507）在互动平台回答投资者提问时表示，公司现阶段侧重于横 向规模扩张，也在积极关注上下游产业链优质标的垂直整合机会，但公司较为审慎地对待多元化发展。 ...

证券日报网12月11日讯 彩虹集团在12月9日回答调研者提问时表示，公司始终致力于在夯实"两大主 业"核心竞争力的基础上，积极探索并培育新的增长动能，在家居清洁、健康护理等具有发展潜力的新 业务领域寻求突破。坚持"以我为主"的品牌发展方针，构建彩虹为核心的系列品牌矩阵。目前，公司已 推出"彩虹卫士"系列家居清洁产品，并将依托"安全、品质、舒适、高效、健康"的核心价值体系持续拓 展产品品类。为确保新业务的稳健发展，公司建立了相关激励机制，并通过营销中心、市场部、技术中 心等部门的紧密协同，保障新产品的研发与推广。公司以现有主业为基础，积极寻求协同发展机会，对 多元化发展机会持开放探索的态度。公司会密切关注市场动态，寻找与公司战略方向契合、能够形成资 源互补和协同效应的潜在机会。 （编辑 姚尧） ...

Core Viewpoint - The leadership transition at Qingdao Weiao Rail Co., Ltd. marks a significant change as Sun Jilong takes over as chairman and general manager from his father, Sun Hanben, after nearly two decades in the rail transportation equipment manufacturing sector [1][3]. Management Transition - Sun Jilong's appointment as chairman was unanimously approved by the board during the first meeting of the fourth board of directors [3]. - The transition was well-prepared, with Sun Jilong having served as general manager since 2022 and gaining extensive management experience [5]. - Sun Jilong's salary in 2024 was 1.8 times that of his father, indicating a significant shift in compensation structure [3][5]. - The new board maintains stability with experienced members, including Sun Hanben, who remains on the board to ensure continuity [5]. Company Performance - Weiao Co. has shown robust financial recovery, with revenue increasing from 797 million yuan in 2022 to 1.28 billion yuan in 2023, and projected to reach 1.52 billion yuan in 2024 [6][8]. - The company turned around a net loss of 114 million yuan in 2022 to a profit of 256 million yuan in 2023, with further profits of 55.38 million yuan in 2024 and 62.79 million yuan in the first three quarters of 2025 [8][10]. Industry Position and Diversification - Weiao Co. is a key supplier for major manufacturers like CRRC, Siemens, and Alstom, contributing to significant national projects in high-speed rail [6][8]. - The company is actively diversifying its business, having acquired Chengdu Changtong Hongyuan Technology in 2020 and launched the "Oxygen Health Cabin" series in 2022 [10]. - Recent acquisitions, including Teijin Automotive Technologies, signal a strategic entry into the automotive sector [10]. - The rail transportation industry is experiencing positive growth, with significant investments and passenger volume increases reported in 2025 [10].

每经记者｜彭斐 每经编辑｜何小桃 陈星 七年前，韩建河山（SH603616，股价5.57元，市值21.80亿元）斥资3.2亿元高调跨界环保，彼时"三年净利1.2亿元"的豪言犹在耳畔；七年后，这场跨界并 购以"0元转让"和"债务豁免"的结局收场。 12月2日晚间，韩建河山发布公告，拟将持有的子公司秦皇岛市清青环保设备有限公司（以下简称清青环保）99.9%股权以0元价格转让给河北清能环境工 程有限公司（以下简称清能环境）。 对于转让价格，12月3日下午，韩建河山证券部门人士向《每日经济新闻》记者表示："根据评估，它（清青环保）是一个负资产，所以经过评估、协商最 终确定了交易价格。" 值得注意的是，此次"甩包袱"预计能为上市公司带来约2450万元的当期净利润，但标的公司已严重资不抵债且被列为失信被执行人，上市公司在豁免其 390余万元债务的同时，还形成了750万元的"被动财务资助"。 从高价并购到0元清仓 对于0元转让价格，12月3日下午，韩建河山证券部门人士向《每日经济新闻》记者表示："根据评估，它（清青环保）是一个负资产，所以经过评估、协 商最终确定了交易价格。" 《每日经济新闻》记者注意到，公告测算，本次股权 ...

证券日报网讯 12月3日，三联虹普在互动平台回答投资者提问时表示，目前公司各项经营活动运行平稳 有序推进。公司将继续发挥综合服务能力和特色技术优势，进一步加强技术储备，全方位提升工程项目 承接及技术服务能力。同时关注资本市场动向，结合业务发展及市场环境变化，利用资本市场工具，积 极寻求契合公司长期战略的多元化发展方向，拓宽公司业务范围，提升公司综合盈利能力。 （编辑 王雪儿） ...

证券日报网讯 12月3日，三联虹普（300384）在互动平台回答投资者提问时表示，公司将持续关注资本 市场动向，结合业务发展及市场环境变化，积极寻求契合公司长期战略的多元化发展方向，拓宽公司业 务范围，提升公司综合盈利能力。 ...

Group 1 - The core viewpoint of the article is that Yingqu Technology (002925.SZ) is investing in Moore Threads to expand its business scope and enhance competitiveness in related fields, while currently having no plans to enter the semiconductor industry [1] Group 2 - The investment in Moore Threads is based on strategic layout and diversification considerations [1] - The collaboration aims to further broaden the company's business areas [1] - The company emphasizes its focus on enhancing competitiveness in relevant sectors through this investment [1]

格隆汇12月3日丨盈趣科技(002925.SZ)在投资者互动平台表示，公司基于战略布局和多元化发展的考虑 投资摩尔线程，旨在通过协同合作，进一步拓宽公司的业务领域，提升公司在相关领域的竞争力，暂未 有进入半导体行业的计划。 ...

金顶索道改造推动运力跃升，核心资产价值再强化。索道业务是公司营收与利润提升的核心驱动力， 2023–2024 年毛利率持续高于80%，收入占比约40%，经营韧性强。金顶索道设计运力将从约1200人/小 时提升至 3200 人/小时，运力增幅约167%。高峰排队将明显缓解，游客在金顶停留时间增加，有望提 升索道、门票及衍生消费转化效率。 乐山机场通航在即，助力游客增长。截至2025 年2 月，乐山机场航站楼等主体工程已完工，预计2025 年年底前具备通航基本条件。乐山机场通航后，将衔接现有高速公路网，构建" 航空＋高速"直达主要 景区的联运大通道。乐山机场的设计年吞吐量为260 万人次，有望促进峨眉山旅游客流扩展。 差异化票价政策见效，市场潜力仍有较大挖掘空间。以24 年数据为例，横向对比中，峨眉山客流量为 467.22 万人次，低于 普陀山（1230万人次）、九华山（1050 万人次） 和 五台山（690 万人次），但旅 游总收入高于九华山，2024 年峨眉山旅游总收入为 10.13 亿元，而九华山的收入为 7.64 亿元。峨眉山 具备较强的单位游客价值转化能力，未来有望通过交通改善和产品升级进一步挖掘市场潜 ...

Summary of HeBai Group's Conference Call Company Overview - **Company**: HeBai Group - **Date**: October 2025 Key Points Industry Performance - **Real Estate**: Revenue for the first three quarters of 2025 decreased by over 50% [2][5] - **Appliance Business**: Despite stable performance in the first half due to subsidy policies, profits are expected to decline slightly for the year [2][5] - **Agricultural Products**: Revenue increased by 16.8% year-on-year, but net profit declined due to the cultivation period of the Feixi Logistics Park, putting pressure on overall profitability [2][5] - **Supermarket Sales**: In October 2025, supermarket sales grew by 27% to 350 million yuan, while department store sales saw a slight increase of 0.5% after previous declines [2][6] - **Overall Sales**: Appliance sales dropped by 50% year-on-year, while agricultural product sales rose by 13% to 550 million yuan [2][6] Financial Metrics - **Gross Margin**: - Supermarket: Approximately 14%, down 0.5 percentage points year-on-year [14] - Department Store: Approximately 12.5%, down 0.7 percentage points year-on-year [14] - Appliance: 7.4%, slightly up by 0.1 percentage points [14] - **Net Profit**: - Supermarket net profit fell from over 30 million yuan last year to less than 10 million yuan this year [14] - Department store net profit around 12 million yuan, with appliance net profit at approximately 1 million yuan [14] Strategic Initiatives - **Store Adjustments**: Plans to gradually adjust stores from 2026 to 2028, with significant sales and customer flow increases reported in adjusted stores [4][18] - **Private Label Development**: Nearly 500 private label products, with a 90% year-on-year increase in product count, but sales contribution remains below 2% [9][10] - **Supply Chain Optimization**: Direct procurement in Hefei region increased to over 70%, with plans to expand into fresh vegetables and fruits [10][12] Investment and Expansion - **Investment in Emerging Industries**: HeBai Group invested 900 million yuan in the Hefei Guosheng Capital Equity Investment Fund, focusing on semiconductors, new energy, and biomedicine [20][21] - **Store Expansion Plans**: Closed 35 stores this year but plans to open 10 new supermarkets, focusing on stabilizing the central Anhui region [7][13] Market Challenges - **Intense Competition**: The market in Anhui, especially Hefei, is nearing saturation with new entrants, leading to fierce competition in community shopping centers [15] - **Impact of Subsidy Policies**: The shift to a lottery system for appliance subsidies has led to a significant drop in sales since mid-July 2025 [24][25] Future Outlook - **Profit Margin Improvement**: Expected improvements in profit margins through store adjustments and supply chain enhancements [16][18] - **Marketing Strategies for 2026**: Preparing differentiated marketing strategies for the upcoming Spring Festival to maximize consumer opportunities [26] Additional Notes - **New Chairman Appointment**: The appointment of a new chairman is pending, with expectations for a decision by the end of 2025 [22] - **Tax Refund Stores**: Five stores in Anhui are part of the tax refund pilot, with potential for increased transactions if policies are streamlined [11]