Core Viewpoint - Shenzhen Oat Technology Co., Ltd. announced its 2024 annual profit distribution plan, which includes a differentiated cash dividend of 0.50 RMB per share [1][3]. Distribution Plan - The profit distribution plan was approved at the 2024 annual shareholders' meeting held on May 15, 2025 [1]. - The company will distribute a cash dividend of 5.00 RMB for every 10 shares held, with no capital reserve transfer or stock bonus [2]. - The total number of shares eligible for distribution is 143,854,292 after excluding the repurchased shares [2]. Dividend Calculation - The cash dividend per share is calculated as approximately 0.4940 RMB, based on the adjusted total shares [3]. - The ex-dividend reference price will be the previous closing price minus the cash dividend amount [3]. Relevant Dates - Key dates include the record date, ex-dividend date, and cash dividend payment date, which are specified in the announcement [3]. Tax Implications - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, while those holding for less than one year will have tax withheld upon stock transfer [5][6]. - For Qualified Foreign Institutional Investors (QFII), a 10% withholding tax applies, resulting in a net cash dividend of 0.45 RMB per share [6]. - Hong Kong investors will also face a 10% withholding tax, with similar provisions for tax treaty benefits [6]. Consultation Information - For inquiries regarding the distribution, shareholders can contact the board office at the provided phone number [7].

国泰海通证券股份有限公司 关于苏州市味知香食品股份有限公司 关于差异化权益分派特殊除权除息的业务申请的核查意见 国泰海通证券股份有限公司（以下简称"保荐机构"、"国泰海通"）作为 苏州市味知香食品股份有限公司（以下简称"味知香"、"公司"）持续督导的 保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所股票上市 《上海证券交易所上市公司自律监管指引第 7 号——回购股份》 规则》 《上海证券 交易所上市公司自律监管指南第 2 号——业务办理》等有关规定，就味知香差异 化权益分派特殊除权除息的业务申请事项进行了审慎核查，发表核查意见如下： 一、审议通过的差异化权益分派方案 公司将按照以下公式计算除权除息开盘参考价： 除权（息）参考价格=（前收盘价格-现金红利）÷（1+流通股份变动比例） 公司于 2025 年 4 月 25 日召开第三届董事会第六次会议审议通过了《关于公 司 2024 年度利润分配方案的议案》，公司 2024 年度拟以实施权益分派股权登记 日登记的总股本扣除公司回购专用证券账户股份为基数分配利润，公司拟向全体 股东（公司回购专用证券账户除外）每 10 股派送现金红利人民币 3.60 元（ ...

华泰联合证券有限责任公司（以下简称"华泰联合证券"或"独立财务顾问"） 作为创新新材料科技股份有限公司（以下简称"创新新材"或"公司"）重大资产出 售及向特定对象发行股份购买山东创新金属科技有限公司100%股权并募集配套 资金暨关联交易的独立财务顾问，根据《上市公司重大资产重组管理办法》《上 海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第1号— —规范运作》及《上海证券交易所上市公司自律监管指引第11号——持续督导》 等文件的有关规定，对创新新材2024年度利润分配所涉及的差异化分红事项进行 了核查，具体情况如下： 一、本次差异化分红的原因 创新新材分别于2025年4月23日、2025年5月15日召开第八届董事会第十二次 会议、2024年年度股东大会，审议通过了《关于2024年度重大资产重组事项业绩 补偿方案的议案》，公司于2022年完成重大资产重组，鉴于标的资产未实现2024 年度业绩承诺，业绩承诺方山东创新集团有限公司、崔立新、杨爱美、耿红玉、 王伟（以下简称"重大资产重组业绩承诺方"）将其已持有的上市公司351,363,722 股股份向公司补偿。2024年度应补偿的股份数量将由公司以人 ...

Core Viewpoint - The communication industry is at a critical juncture requiring transformation, particularly in the Chinese market, which is characterized by a large user base and strong demand for 5G capabilities, yet faces challenges such as weak monetization and low user value [2][3]. Industry Overview - China has approximately 1.4 billion users, with the three major telecom operators generating around 1.96 trillion yuan in revenue, while the U.S. with 345 million users generates over 3.1 trillion yuan, and Japan with 125 million users generates over 1.3 trillion yuan [2]. - Despite leading in infrastructure coverage and performance, Chinese operators are experiencing a common industry issue of "incremental growth without revenue increase," which is exacerbated by the rise of mobile internet, cloud computing, and AI technologies [2][3]. AI Integration in Communication - AI applications in the communication sector can be categorized into two parts: AI for Network, which enhances network planning and management, and Network for AI, which ensures that telecom networks support future AI services effectively [3]. - The telecom industry has historically focused on providing consistent network connectivity, but declining revenues necessitate a shift towards platform-based network services that offer differentiated connections tailored to various applications and user needs [3][4]. Business Model Transformation - Ericsson aims to create higher value through differentiated network connections and assist the telecom industry in developing new business models, leveraging high-performance programmable networks and AI technologies [4][5]. - The challenge for enterprise users lies in upgrading networks to support more use cases and complex demands, with the benefits of differentiated network connections being clearer in terms of enhanced productivity [4][5]. Consumer Market Dynamics - In the consumer sector, Ericsson seeks to enhance user experience through superior and differentiated network connections, although the willingness to pay among users remains limited [4][5]. - The consumer market's size and subscription volume imply that even a small shift towards differentiated network services could lead to significant market changes [4]. Current Market Challenges - The scale of 5G commercial applications in China is still underdeveloped, and telecom operators are encouraged to pursue new use cases without waiting for complete technological maturity, emphasizing the need for synergy between business models and technology [6]. - Examples from the U.S. and Singapore illustrate how operators have built competitive advantages through differentiated network connections, highlighting the potential for similar strategies in the Chinese market [6].

Core Insights - The Chinese electric vehicle (EV) market is experiencing intense competition characterized by price wars, widespread losses among companies, and severe product homogenization, aptly described as "involution" [1][2] - To break through this competitive landscape, EV companies need to seek differentiated competitive paths, with cultural creativity empowerment emerging as a crucial strategy [4][6] - This strategic shift is moving the industry from a "performance competition" to a new track of "technology + cultural narrative," emphasizing the importance of cultural soft power alongside disruptive technology [4][6] Group 1: Current Market Dynamics - The price war is compressing company profits and altering consumer expectations, creating a market atmosphere where consumers anticipate lower prices over time [2] - As technological barriers diminish, the differentiation in core technologies such as battery systems and smart cabins is also decreasing, leading to increased marketing strategy homogenization [2] Group 2: Cultural Creativity Empowerment - Cultural creativity empowerment helps EV companies escape the traps of homogenized competition and price wars, establishing long-term competitive barriers and enhancing user loyalty and product value [6][8] - The transition from "functional consumption" to "cultural consumption" reflects a shift in consumer behavior, where modern consumers seek emotional resonance and identity expression through their vehicle choices [6][8] Group 3: Brand Differentiation and Value Creation - Unique cultural connotations and brand stories enable companies to establish distinctive brand images in consumers' minds, leading to price premiums and higher repurchase rates [8][12] - Cultural empowerment can expand brand boundaries, creating diverse revenue streams through IP licensing and cross-industry collaborations [11][12] Group 4: User Engagement and Community Building - By fostering interactive user relationships through cultural scenes and community activities, companies can create strong brand communities that enhance user engagement and reduce marketing costs [9][27] - The shift from one-way communication to co-creation with users transforms the user relationship, fostering brand loyalty and advocacy [27][30] Group 5: Strategic Implementation Paths - The closed-loop value chain for cultural creativity empowerment includes demand analysis, creative design, product development, brand building, market promotion, and user feedback, forming a complete system [14][18] - Specific paths for cultural creativity empowerment include building cultural IP, enhancing product design and user experience, creating immersive brand experience spaces, and developing community-driven initiatives [19][21][24][27][30] Conclusion - The future of the EV market will hinge on cultural depth and emotional value rather than mere technical specifications, with companies that successfully integrate cultural wisdom and modern technology poised to lead in the global automotive market [32][34]

盾博dbg发现在风云变幻的金融监管领域，又一关键人事变动引发广泛关注。当地时间周三，美联储理事米 歇尔・鲍曼(Michelle Bowman)获参议院批准，正式出任美联储负责监管的副主席一职。这一任命意义非 凡，它不仅为鲍曼个人的职业生涯添上浓墨重彩的一笔，更标志着特朗普总统任期内金融监管趋向宽松的 态势进一步深化，无疑将对美国乃至全球金融市场产生深远影响。 其二，鲍曼大力推动补充杠杆率(SLR)规则的修订工作。现行的 SLR 规则饱受批评者诟病，他们认为该规 则限制了银行购买美国国债等传统安全资产的能力，束缚了银行的资产配置灵活性，在一定程度上影响了 银行的资金运用效率和风险管理能力。财政部长贝森特在 5 月也曾公开表示，相关官员可能会在今夏放宽 这一资本要求，这与鲍曼的改革思路不谋而合，也预示着 SLR 规则的调整已箭在弦上。 鲍曼出身于五代银行家的家庭，身为共和党人的她，长期活跃于金融领域的公开演讲舞台，一直以来都是 "差异化监管" 的坚定倡导者。过往的言论和行动已然释放出强烈信号，一旦掌权，她将大刀阔斧地调整监 管优先级。与前任迈克尔・巴尔(Michael Barr)相比，鲍曼与银行业的关系更为紧密。 ...

| 指数 | 收盘 | | 涨跌（％） | | | --- | --- | --- | --- | --- | | 名称 | （点） | 1 日 | 5 日 | 1 月 | | 上证指数 | 3376 | 0.42 | 2.96 | 1.09 | | 深证综指 | 2000 | 0.92 | 4.38 | 1.74 | | 5 | F | œ | | | --- | --- | --- | --- | | 1 | > | - | STATISTICS. | 今日重点推荐 2025 年 06 月 05 日 诺邦股份（603238）深度：个护家清行业机遇期，高端水刺无 纺布打开成长空间 | 大盘指数 | 0.4 | 2.51 | -1.28 | | --- | --- | --- | --- | | 中盘指数 | 0.85 | 1.8 | -5.52 | | 小盘指数 | 0.87 | 2.42 | -0.61 | | 行业涨幅 | 昨日涨 | 1 个月涨 | 6 个月涨 | | 饰品 | 5.95 | 33.71 | 41.29 | | 休闲食品 | 4.45 | 10.97 | 18.43 | | 个护用品 ...

证券代码：688056 证券简称：莱伯泰科 公告编号：2025-022 北京莱伯泰科仪器股份有限公司 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ? 是否涉及差异化分红送转：是 ? 每股分配比例 每股现金红利0.60元（含税） ? 相关日期 股权登记日 除权（息）日 现金红利发放日 一、 通过分配方案的股东会届次和日期 本次利润分配方案经北京莱伯泰科仪器股份有限公司（以下简称"公司"）2025 年 5 月 16 日的2024年年度股东会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东 （北京莱伯泰科仪器股份有限公司回购专用证券账户除外）。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易 所上市公司自律监管指引第 7 号——回购股份》等相关法律法规的规定，上市公 司回购专用账户中的股份，不享有股东会表决权、利润分配、公积金转增股本、 认购新股和可转换公司债券等权利。 （ ...

招商证券股份有限公司关于 北京莱伯泰科仪器股份有限公司 截至本核查意见出具日，公司回购专用证券账户中的股份数为 674,222 股， 占公司总股本 67,452,460 股的比例为 0.9996%。 根据《中华人民共和国公司法》 差异化权益分派特殊除权除息事项的核查意见 招商证券股份有限公司（以下简称"招商证券"或"本保荐机构"）作为北京莱 伯泰科仪器股份有限公司（以下简称"莱伯泰科"或"公司"）首次公开发行股票并 在科创板上市的保荐机构，根据《中华人民共和国公司法》《中华人民共和国证 券法》 《上海证券交易所科创板股票上市规则》 《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等有关规定，对公司本次差异化权益分派事项（以 下简称"本次差异化分红"）进行了审慎核查，具体核查情况如下： 一、本次差异化分红的原因 于以集中竞价交易方式回购公司股份方案的议案》，同意公司以部分超募资金及 自有资金通过上海证券交易所交易系统以集中竞价交易方式回购公司已发行的 部分人民币普通股（A 股）股票，在未来适宜时机将回购股份用于员工持股计划 或股权激励。回购资金总额不低于人民币 1,500.00 万元（含），不超过 ...

近日，银行在零售市场的两则消息引发广泛关注。 一边部分银行主动暂停赔本的车贷高息返佣生意。与此同时，据媒体报道，面对年中"压力山大"的消费 贷考核任务，一些银行员工不惜通过同行"互贷"来冲业绩。 "一停一冲"看似是相反的方向，源头都指向了当下银行零售业务的疯狂内卷，最终导致了前者被迫叫停 和后者被迫营业。 贴息的返佣车贷生意，本质上是为争夺更多客户，抢占市场份额。但这种"赔钱赚吆喝"的模式不具备可 持续性，特别在商业银行面临息差收窄压力的背景下，只能徒增银行的经营成本，累积金融风险，导致 汽车金融市场的无序竞争。 员工"互换贷款""自掏腰包贴息"等现象，本质上是银行内卷在绩效考核和业务执行层面的具象化表现。 这些行为不仅透支员工精力、扭曲服务本质，更通过数据造假、成本错配等方式积攒风险隐患。 更为重要的是，内卷背后，直指同质化竞争加剧的困境。 可以看到，为抢占市场份额，不少银行盲目跟风推出相似的金融产品，无论是理财产品，还是信贷业 务，都缺乏独特性。在客户争夺上，银行也不惜投入大量资源进行价格战、规模战，压缩自身利润空 间，却难以真正吸引并留住客户。这种低水平的重复竞争，不仅造成了资源的浪费，也削弱了银行的创 ...