以下文章来源于体重管理三年行动 ，作者体重管理三年行动 体重管理三年行动 . 响应国家"健康中国2030"战略，落实"体重管理年"三年行动，本账号发布权威资讯 今年，国家终于对国民体重问题"亮剑"，将"控制体重"正式纳入国家战略。 3月9日，在十四届全国人大三次会议的记者会上，国家卫生健康委员会主任雷海潮郑重宣布：将启动为期三年的"体重管理年"专项行动，全面 推广健康生活方式，一场关乎全民健康的体重管理攻坚战由此拉开序幕。 国家卫健委发布的《体重管理指导原则（2024年版）》警示：如不加以遏制，2030年我国成人超重肥胖率将飙升至70.5%，儿童超重肥胖率也 将高达31.8%。 世界卫生组织早已将"肥胖"列为十大慢性疾病之一。肥胖直接关联十大类疾病：心脑血管病、高血压、糖尿病、脂肪肝-肝硬化-肝癌、骨关节 炎、呼吸系统疾病、肾脏问题、妇科疾病、肿瘤、猝死。 改革开放四十余年，也是中国人整体体重快速上升的四十年。尤其近二十年，肥胖程度已远超过去的想象。 曾有报道，湖北汉口的王先生因5年生活无规律、暴饮暴食，体重飙升至274斤。不仅经常乏力、睡觉打鼾，还查出脂肪肝、血脂异常，甚至从 血液中分离出了近2升油浆。 详 ...

该县纪委监委相关负责同志表示，下一步将更扎实推进农村集体"三资"突出问题整治，一体推进监督、 办案、整改、治理，推动农村集体"三资"管理更加规范有序。（河北省纪委监委 || 责任编辑 刘靖晗） 针对农村集体"三资"底数不清、权责不明等问题，该县纪委监委加强与县委巡察办、农业农村、自然资 源、财政、审计等部门联动，推进"三资"清查，摸清村集体家底，对全县291个村级财务账目进行盘点 审查，核查资产遗失、侵占、违规处置等问题。 该县纪委监委坚持"纪巡"融合，突出问题整改，对村集体经济体量大、项目建设多、债务规模大的重点 村开展巡察，精准有效纠治问题182件；强化"纪审"互动，突出经济审计，对资产多、资源多、资金多 的重点村进行经济审计，出具141份审计建议报告；推动"纪财"贯通，突出资产核查，将各乡镇收集提 交的726份农村集体经济合同逐一进行审查，重新规范合同17份……该县纪委监委坚持联合作战、贯通 发力，发挥各部门专业优势，提高发现问题能力，精准有效纠治问题。 "多亏了县纪委干部，帮我们拿回了几十亩村集体土地的收益。"近日，河北省邢台市巨鹿县东辛庄村村 民杨大爷看着手中拿到的村集体分红款说道。 巨鹿县纪委监委 ...

Group 1 - Chongbang Group has integrated its membership system with the Binjiang Commercial Center, allowing one million members to redeem points for up to 20% off entertainment ticket prices [1] - The integration is facilitated by the launch of a large-scale commercial center consumption solution developed by Damai Maizuo, enabling shared membership assets, data, and marketing systems across all commercial entities under Chongbang Group [1] - The ticketing system at Binjiang Commercial Center, built on Maizuo's core capabilities, features security mechanisms against bot purchases and supports real-time ticket sales management and digital marketing [1] Group 2 - Binjiang Commercial Center is a flagship project in Shanghai, featuring over 20 entertainment formats including immersive theaters, comedy venues, and VR technology exhibits [2] - The center aims to create a new experiential consumption destination for young people in Shanghai, combining cultural and commercial elements [2]

肖宇非 投资咨询证号：Z0018441 投资咨询业务资格：证监许可【2011】1290号 铜价格波动率（日度） | 最新价格 | 价格区间预测（月度） | 当前波动率 | 当前波动率历史百分位 | | --- | --- | --- | --- | | 77840 | 73000-80000 | 9.99% | 13.8% | 南华期货铜风险管理日报 2025年7月18日 南华有色金属研究团队 source： 南华研究,同花顺 铜风险管理建议（日度） | 行为导向 | 情景分析 | 现货敞口 | 策略推荐 | 套保工具 | 买卖方向 | 套保比例 | 建议入场区间 | | --- | --- | --- | --- | --- | --- | --- | --- | | 库存管理 | 产成品库存偏高，担心价格下跌 | 多 | 做空沪铜主力期货合约 | 沪铜主力期货合约 | 卖出 | 75% | 82000附近 | | | | | 卖出看涨期权 | CU2509C82000 | 卖出 | 25% | 波动率相对稳定时 | | 原料管理 | 原料库存较低，担心价格上涨 | 空 | 做多沪铜主力期货合约 | 沪铜主 ...

锡价格波动率（日度） 南华期货锡风险管理日报 2025年7月18日 南华有色金属研究团队 肖宇非 投资咨询证号：Z0018441 投资咨询业务资格：证监许可【2011】1290号 1. 中美关税政策缓和。 2. 半导体板块仍处于扩张周期。 3. 缅甸复产不及预期。 | 最新收盘价 | 价格区间预测（月度） | 当前波动率 | 当前波动率历史百分位 | | --- | --- | --- | --- | | 261920 | 245000-263000 | 14.31% | 25.9% | source： 同花顺,南华研究 | 行为导向 | 情景分析 | 现货敞口 | 策略推荐 | 套保工具 | 买卖方向 | 套保比例 | 建议入场区间 | | --- | --- | --- | --- | --- | --- | --- | --- | | 库存管理 | 产成品库存偏高，担心价格下跌 | 多 | 做空沪锡主力期货合约 | 沪锡主力期货合约 | 卖出 | 75% | 275000附近 | | | | | 卖出看涨期权 | SN2509C275000 | 卖出 | 25% | 波动率合适时 | | 原料管理 | ...

研究中心能化团队 2025/07/18 甲醇聚烯烃早报 甲 醇 日期 动力煤期 货 江苏现货 华南现货 鲁南折盘 面 西南折盘面 河北折盘 面 西北折盘 面 CFR中国 CFR东南 亚 进口利润 主力基差 盘面MTO 利润 2025/07/1 1 801 2373 2403 2450 2540 2435 2590 273 333 21 -10 -1141 2025/07/1 4 801 2385 2405 2460 2530 2435 2575 275 333 6 -15 -1221 2025/07/1 5 801 2390 2395 2455 2475 2435 2575 275 333 6 -5 -1243 2025/07/1 6 801 2387 2395 2463 2475 2450 2573 275 333 6 0 -1188 2025/07/1 7 801 2390 2390 2465 2475 2450 2573 275 333 6 0 -1199 日度变化 0 3 -5 2 0 0 0 0 0 0 0 -11 观点 高进口开始兑现，累库开始发生，盘面低估值，等待淡季预期交易到位；伊朗降开工，非 ...

Group 1 - The meeting emphasized the importance of deeply understanding and implementing the spirit of Xi Jinping's important speech at the Central Urban Work Conference, focusing on the concept of a people-oriented city and the goal of building an innovative, livable, beautiful, resilient, civilized, and smart modern city [2][3] - The meeting outlined the strategic goals of "six constructions" and the strategies of innovation-driven city development, industrial strength, and cultural prosperity, aiming to enhance the comprehensive capability and core competitiveness of the national central city [2] - The meeting highlighted the need to promote cultural exchange and deepen mutual understanding among civilizations, as well as to strengthen the leadership and initiative of the Party in ideological work [3][4] Group 2 - The meeting discussed the importance of caring for and supporting cultural workers, encouraging the creation of high-quality works that reflect the spirit of the times and the voices of the people [3] - The meeting addressed the need for effective market mechanisms and proactive government actions to stabilize employment, enterprises, markets, and expectations, while ensuring safety and stability [2][3] - The meeting also reviewed other matters related to the implementation of key tasks and the promotion of Party education and management [4]

Group 1 - The company is implementing the central eight regulations by integrating learning into practical work and conducting activities where leaders work alongside frontline employees to hear their voices [1][2] - A total of 125 middle-level leaders and contractor managers participated in grassroots activities, focusing on identifying issues related to the implementation of the central eight regulations and enhancing relationships between the party and the masses [2] - Leaders are required to follow a "six ones" system during their shifts, which includes conducting inspections, participating in handover meetings, and collecting feedback from employees to address weak links in the company's operations [2][3] Group 2 - The company has established an innovative scoring evaluation system based on three dimensions: quantity, effectiveness, and efficiency, to assess the outcomes of the activities [3] - The evaluation system emphasizes the importance of identifying problems and the quality of rectifications, linking results to leadership appointments and annual assessments [3] - Employee satisfaction is measured through online evaluations, with over 2,200 employees providing feedback on middle-level leaders' performance [3] Group 3 - A closed-loop management mechanism has been established to categorize and address collected feedback, with over 500 weak links being monitored in real-time [4] - The company publicly discloses the progress of rectifications on its portal, and leaders are held accountable for inadequate responses [4] - The initiative aims to genuinely address the challenges faced by frontline workers and ensure that leaders' experiences lead to tangible improvements [4]

Financial Data and Key Metrics Changes - The company reported a cash balance of $1,800,000,000 at the end of the quarter after paying a fully franked final dividend of $687,000,000 or 52¢ per share [7][20] - Cash operating costs for the first half are expected to be towards the middle of the guidance range of $89 to $97 per tonne [6][21] - The average realized thermal coal price was AUD 130 per tonne, and the average realized metallurgical coal price was AUD 197 per tonne, resulting in an overall average realized price of AUD 142 per tonne, down from AUD 157 in the prior quarter [18][21] Business Line Data and Key Metrics Changes - Total ROM coal production increased to 17,000,000 tonnes, which is 12% more than the first quarter and 23% more than the second quarter last year [8] - Attributable saleable coal production was 9,400,000 tonnes, similar to the first quarter and 15% more than the second quarter last year [9] - Attributable sales volume was 8,100,000 tonnes, which was 1,300,000 tonnes lower than saleable production due to logistical issues [12][13] Market Data and Key Metrics Changes - Global thermal coal demand remains strong despite a 14% reduction in thermal coal imports in China through the first five months of 2025 [15] - Indonesian exports are down 11% and Colombian exports are down 23% due to lower prices and planned production cuts [14] - The average prices for coal indices decreased by 21% to 22% compared to the previous quarter [18] Company Strategy and Development Direction - The company aims to maximize operational efficiency and minimize costs in response to decreasing coal prices [6] - The management is open to considering value-accretive opportunities during the cyclical downturn while maintaining a strong cash position [20][80] - The company is not currently looking into buyback options, focusing instead on maintaining liquidity [105] Management's Comments on Operating Environment and Future Outlook - Management noted that the coal industry is currently at the bottom of the cycle, with expectations for a recovery towards the end of the year [54] - The company is well-positioned to navigate the cyclical low in coal prices due to its strong cash balance and competitive cash operating costs [94] - There is an expectation that delayed shipments from the second quarter will be delivered in the third quarter, contributing to revenue generation [26][68] Other Important Information - The total recordable injury frequency rate improved to 6.32, below the industry average of 7.93 [8] - The company experienced significant sales volume slipping due to weather-related disruptions at the Port of Newcastle, impacting revenue and cash generation [7][14] Q&A Session Summary Question: Will the sales volume from the second quarter be fully translated into sales in the third quarter? - Management expects the 1,400,000 tonnes of sales that slipped to be recovered in the third quarter [26][27] Question: What is the expected growth in metallurgical coal volume compared to thermal coal? - Metallurgical coal represents about 20% to 25% of overall sales and is expected to remain stable moving forward [31] Question: What are the current cost levels compared to June? - The company noted an increase in coal inventory due to sales slippage, with an overall increase of about 1,200,000 tonnes [86] Question: What is the plan for future cash generation? - The company is operating as planned, with cash operating costs expected to be competitive, and is well-positioned to navigate the cyclical low [92][94] Question: Is the company considering asset acquisitions? - The company is open to value-accretive opportunities, including potential acquisitions in both thermal and metallurgical coal [100][101]

近年来，受贸易摩擦以及俄乌冲突影响，全球政治经济格局深度调整，大宗商品价格波动剧烈，企业经 营环境复杂多变，经营的持续性和稳定性受到挑战。不少企业开始尝试运用期货及衍生工具管理价格和 成本风险，采取期现结合的方式穿越行业周期，对冲经营风险，锁定经营成果，解决了企业经营过程中 的"燃眉之急"。笔者就实体产业如何用好期货工具、加强期货和现货业务融合管控、拓展新的业务模 式，谈几点粗浅的看法。 在期现业务开展过程中，要坚守期货服务现货的初心。要将现货作为期货最终落脚点，合理设定套保比 例，防止风险敞口无限扩大。要制定相应的制度和操作流程。要具备成本意识，将套保有关成本（包括 税收）纳入采购成本或销售成本，全面实现期现一体化。 三是要做好仓位的动态平衡、有效性测试等工作。 加强交易流程管控 企业要制定相应的管理制度和业务流程，防范和控制市场风险、交易风险、信用风险和合规风险。现货 有关货权把控、交易对手资信评估、合同签订、资金支付、发票开具等环节要明晰，责任到人。开展期 货业务要有许可，必须经过董事会批准和授权。套保计划要控制在企业年度经营计划额度之内并经过董 事会批准。套保方案要履行必要的审批程序，明确被套期项目和 ...