投资界—解码LP获悉，近日深圳福田区、武汉相继发布新政，列出多条措施吸引人才、企业聚集。当 中不约而同提到—— 在符合条件的情况下，"最高允许100％亏损"。 鼓励创新，宽容失败。当国资成为一级市场主力军，国资容错现实摆在了所有人面前。 这是国资容错最新一幕。 "最高允许100%亏损" 开始流行了 一切为了科创。 先看深圳福田区推出《2025年新启程教育科技人才"五福礼包"》，涵盖27项专属服务，包括教育、科 技、人才政策。 "五福礼包"中，瞄准企业发展全周期中的难题。比如，以人才为起点，政策中对新"深圳人"提供"一册 通""一补贴""一张床""一张卡""一摇蓝""一场球"的支持，拿出真金白银欢迎高校毕业生、科技人才等来 到深圳。 当中引起创投圈注意的是，针对创业高风险问题，福田区还拿出重新启航"福"礼包，其中从基金层面为 风险容错兜底——放宽政府投资基金的失败容忍比例，允许最高不超过80%亏损，对符合条件的项目允 许最高100%亏损。 科技创业九死一生，福田区拿出"全周期支持+容错激励"政策支持，无疑吸引更多科创企业聚集。 抢人，抢项目。随后武汉也放出最新政策——出台《武汉市进一步促进民营经济高质量发展若干 ...

央视网消息：2025年以来，我国产业结构加快转型升级，随之而来的是各地对高技能人才的强劲需求。眼下，正是"金三银四"招聘旺季，制造 业发达的广东东莞就派出580家企业前往浙江跨省招人，具体情况如何？ 此次，东莞带来的14790多个岗位，主要集中在新一代信息技术产业、高端装备制造、新材料、人工智能、医疗健康等领域。一些招聘企业介 绍，他们正处于产业升级的关键期，所以把揽才目标瞄准了数字经济人才云集的浙江。 这家从事化工仓储物流的企业拿出20多个岗位，招聘数字化产品总监、AI开发工程师等复合型人才。 产业转型升级，让制造业重镇东莞的用工结构悄然发生变化。2025年一季度，全市重点企业用工需求中，技工和专业技术人员岗位超过3万 人，接到简历投递量环比增幅已超70%。 留得住用得好 拓宽技能人才就业空间 2025年以来，不仅是制造业发达的沿海地区加大引才力度，中西部地区和一些三四线城市也在围绕特色产业，加快搭建高技能人才队伍。一系 列扶持举措，让人才留得住、用得好。 在山东威海一家生产钓具的车间，处于试用期的潘磊正在各个生产车间轮岗，由老师傅带着熟悉产品生产全过程。 威海是国内最大的渔具生产基地之一。2025年以来， ...

Core Insights - The company reported strong financial performance for Q1 2025, with revenue of 794 million yuan, a year-on-year increase of 37.77%, and a net profit of 101 million yuan, up 105.19% [1] - The company has established a dual-driven development model focusing on traditional seasoning products and emerging technology sectors, enhancing its market position and future growth potential [3] Financial Performance - For the fiscal year 2024, the company achieved a revenue of 2.646 billion yuan, representing a year-on-year growth of 25.98%, and a net profit of 203 million yuan, up 55.92%, marking a historical high since its listing [4] - The net profit after excluding non-recurring gains and losses was also 203 million yuan, reflecting a growth of 72.36% year-on-year [4] Business Expansion - The company’s core products, including monosodium glutamate, chicken essence, and flour, maintained leading market shares, with 198,100 tons of MSG and 30,800 tons of chicken essence sold in 2024 [2] - Online sales revenue surged by 165.68%, with new retail channels covering major platforms like Tmall, JD.com, and Douyin, significantly enhancing brand influence [2] Technological Advancements - The newly established intelligent computing center business became a highlight, generating revenue of 80.64 million yuan, a staggering increase of 10,447.11% year-on-year, with 34 signed projects worth over 1.5 billion yuan [2] - The company has completed the layout of intelligent computing centers in nine locations, covering key economic regions, and its self-developed cloud computing platform received the "2024 Annual China IDC Innovative Technology Product Award" [2] Strategic Outlook - The company aims for a revenue and profit growth of over 30% in 2025, further solidifying its dual-driven development model [3] - The significant increase in operating cash flow, reaching 652 million yuan, up 781.19% year-on-year, provides a solid foundation for strategic investments [3]

新华财经北京4月29日电（记者王小璐） 29日，中国钢铁工业协会召开一季度信息发布会。中国钢铁工 业协会副会长兼秘书长姜维作为发言人在会上表示，当前钢铁行业"稳的态势在持续、"新"的动能在成 长，"绿的特征在扩展，但也面临供给强于需求、钢价震荡下行等困难，持续推动行业运行向稳向好仍 需付出艰苦努力。 一季度，钢铁生产总体保持稳定，市场供需格局呈现供给强于需求的态势。全国粗钢产量达2.59亿吨， 同比增长0.6%；生铁产量为2.16亿吨，同比增长0.8%；钢材产量3.59亿吨，同比增长6.1%，而全国折合 粗钢表观消费量为2.30亿吨，同比下降1.2%。 在钢材出口方面，一季度钢材出口保持高位。当季钢材累计出口2743万吨，同比增长6.3%，出口均价 706美元／吨，出口总额194亿美元；累计进口钢材155万吨，同比下降11.3% ，折合粗钢净出口2903万 吨，同比增长17.9%。 价格与成本方面，钢材价格同比下降，中国钢材价格指数（CSPI）平均值为95.59点，同比下降 13.66%。同时，主要原燃料采购成本均下降，进口铁矿石均价99.1 美元／吨，同比下降21.3%，重点统 计钢铁企业进口粉矿采购成本同 ...

Financial Performance - In 2024, the company reported a net loss of 1.288 billion CNY attributed to underperforming new games and film projects, as well as inventory impairment losses [2] - In Q1 2025, the company achieved a turnaround with a revenue of 2.023 billion CNY, a 52.22% increase year-on-year [3] - The net profit attributable to shareholders in Q1 2025 was 302 million CNY, a significant increase of 1,115.29% compared to the previous year [3] - The gaming segment generated 1.418 billion CNY in revenue, benefiting from titles like "Zhu Xian World" and "DOTA2," marking a 10.37% increase year-on-year [3] - The film segment achieved 596 million CNY in revenue, a staggering 1,616.29% increase year-on-year [3] Game Development and Releases - "Zhu Xian World" was launched on December 19, 2024, and has contributed positively to Q1 2025 profits through ongoing content updates and player engagement [4] - "Persona 5: Phantom Night" has received positive feedback during its anniversary version release and is expanding into overseas markets [5][7] - "Yihuan," a key product under the company's global strategy, is in active development and is expected to launch tests in both domestic and international markets soon [8] Esports Initiatives - The company is actively developing its esports business, having successfully hosted the 2024 CS:GO World Championship in Shanghai, marking a significant milestone for esports in Asia [9] - The upcoming CS Asia Invitational 2025 is set for October 2025, aimed at further enhancing the esports ecosystem [9] Film and Television Strategy - The company has produced several successful series in 2025, including "Thousand Blossoms Bloom" and "Only This Jianghu Dream," focusing on quality over quantity [10] - The strategy includes reducing overall investment in film projects while increasing focus on short-form content to enhance viewer experience [10]

Group 1 - The Industrial and Commercial Bank of China (ICBC) Fangchenggang Branch has focused on serving the high-quality development of the real economy, particularly in the manufacturing sector, with a manufacturing loan balance of 6.665 billion yuan, an increase of 990 million yuan since the beginning of the year [1] - The bank aligns its efforts with the local industrial development plans and major manufacturing projects, implementing a credit allocation strategy that supports both traditional and advanced manufacturing sectors [1] - The bank emphasizes the importance of key industrial enterprises in the local port industrial park, actively engaging with local industrial management to tailor financial service solutions for enterprises [1][2] Group 2 - The bank has established a project task force to identify upstream and downstream customer needs, ensuring timely responses to enterprise challenges and enhancing the overall service experience [2] - A special communication platform has been created to facilitate the processing of key projects at higher levels, optimizing the loan approval process and reducing waiting times for enterprises [2]

2025 年钢铁行业分析 联合资信 工商评级四部 |钢铁行业组 2024 年，中国粗钢产量同比小幅下降，钢铁行业下游需求疲弱，供给端相对处于 过剩态势，原燃料价格虽有下降，但成本端降幅不及钢材价格降幅，钢铁行业整体盈 利水平持续下行。受供需关系影响，铁矿石和焦炭价格均呈现波动下行态势；房地产 投资持续下滑，但制造业和基建投资对用钢需求提供重要支撑，钢铁产品结构持续调 整。 预计 2025 年中国钢铁行业将延续供需双弱的格局，钢材价格预计维持震荡走势， 钢铁企业的经营效益难有明显好转。展望未来，短期内，钢铁企业仍将面临一定的经 营压力。长期来看，在产业政策引领下，随着低效产能的逐步出清，钢铁行业将转向 高质量发展，行业竞争格局有望得到明显改善。 www.lhratings.com 研究报告 0 一、 行业运行情况 2024年，中国钢铁行业供需双弱，行业景气度仍处于探底阶段。行业供给过 剩依然严重，产品价格下行，钢铁行业整体盈利趋弱。 钢铁是重要的基础原材料，行业具有典型的强周期属性。钢铁行业的供给受 下游需求和行业政策影响很大。 着央行降准、降息以及房地产利好政策密集出台，9 月底至 10 月中旬国内钢材价 格 ...

本世纪初，开滦集团从传统煤矿向现代煤化工转型。毕业于河北工业职业技术学院的邓晶，以焦炉煤气制甲醇专业第一名的成绩进 入开滦唐山中润，参与筹建甲醇分厂工作，几乎是从零开始摸索生产工艺流程。 仅仅几个月的时间，邓晶与同事们就自主完成了甲醇系统的首次投产开车工作。然而，刚投产不久，甲醇装置遭遇了第一次突发事 故。 爱学习、肯钻研，随后，邓晶以平均每年一个岗位的速度，将中控室内各个甲醇生产岗位技能全部吃透，成了厂里的"万能操作 工"。随着开滦集团不断加快转型升级的步伐，邓晶更是要求自己要不断精进技术，创新不停步。 事后，邓晶说自己也很紧张，是日常的学习储备给了她底气。 央视网消息：劳动创造美好生活，奋斗谱写时代华章。五一国际劳动节之际，1670人被授予全国劳动模范称号，邓晶就是其中一 位。作为河北开滦集团的一位技术人员，她18年扎根一线，坚持不懈钻研煤制甲醇制作工艺，助力企业转型。 全国劳动模范、开滦集团唐山中润公司甲醇分厂工艺员邓晶介绍，一块煤开采出来以后，在炼焦炭的过程中产生焦炉煤气，这就是 生产甲醇的原料。甲醇是关系到国计民生的基础化工原料，应用广泛，可用于化工制造、医药、能源燃料和新材料等领域。 在河北开滦集 ...

Core Viewpoint - The development of the Yangtze River Economic Belt is a significant strategic decision made by the central government, with Nanjing bearing a crucial responsibility as the first city along the river entering Jiangsu province [1][2]. Group 1: Environmental Protection and Management - Emphasis on prioritizing the restoration of the Yangtze River's ecological environment, implementing pollution control across various sectors including urban sewage, agriculture, and shipping [2][3]. - The need for enhancing urban sewage treatment capacity and management, as well as protecting the habitat of the Yangtze River dolphin and biodiversity [2][3]. - Commitment to addressing issues raised by central ecological environmental protection inspections and ensuring the effectiveness of rectifications [2]. Group 2: Urban Planning and Development - Recognition of the Yangtze River as the lifeline of Nanjing's urban development and the main axis of urban planning [3]. - The importance of understanding the relationship between ecological priority and green development, while promoting industrial transformation along the river [3]. - Advocacy for a coordinated development model that balances traditional and modern elements, enhancing the protection and utilization of the riverbank and cultural heritage [3].

上市公司积极作为，直面剧烈变化、纷繁复杂的国际环境，开拓创新、克难奋进。上市公司年报如同多 棱镜，折射出中国优秀企业守正创新的生动实践。既有"向科技创新要增量"的果敢，也有"以全球布局 防风险"的远见；既包含传统产业"老树发新芽"的智慧，更彰显新兴产业"星火可燎原"的势能。 在全球经济的惊涛骇浪中，外部不确定性带来的风险客观存在，倒逼我们加快转型升级，加快高质量发 展的步伐。对于中国这样一个超大规模经济体而言，关键还是要集中精力办好自己的事。中国经济复苏 有活力，高质量发展有"向新力"，未来发展有潜力，经济长期向好的基本趋势没有改变，也不会改变。 （文章来源：经济日报） 根据Wind数据，截至4月25日，有超3500家上市公司披露2024年年报，合计实现营收56.67万亿元，同比 减少0.05%；实现归母净利润4.84万亿元，同比增长3.32%。这些数据不仅反映了微观主体的经营韧性， 更勾勒出中国经济在复杂国际环境中的稳健底色和韧性潜能。 创新驱动是价值链攀升的底层逻辑。年报显示，上市公司研发投入强度显著提升，以AI技术、半导 体、新能源为代表的创新领域正在成为增长引擎。中国优秀创新企业向全球价值链高端跃迁， ...