长江商报奔腾新闻记者 沈右荣 清仓转让参股公司股权，东宏股份（603856.SH）聚焦主业。 5月26日晚，东宏股份发布公告，为优化资产结构与资源配置，公司拟与天津水务集团有限公司（简 称"水务集团"）签订协议，拟将持有的天津市管道工程集团有限公司（简称"管道集团"）7.30%的股权 转让给水务集团，转让价格约为1.56亿元。本次交易完成后，公司将不再持有管道集团的股权。 管道集团的股权系东宏股份收购而来。2020年12月，东宏股份以公开摘牌方式获取管道集团5%股权。 2022年10月，东宏股份又以股权及货币增资方式，分步对管道集团增资，最终取得其7.30%的股权。受 让加增资，东宏股份合计耗资约1.28亿元。 对比发现，2024年，管道集团净利润较2023年大幅下降，且在2024年6-12月出现明显亏损。 至于管道集团今年以来的经营状况如何，东宏股份没有披露。 对于本次转让管道集团股权的目的及意义，东宏股份称，这将有助于公司进一步聚焦主业发展，优化资 源配置，提高核心竞争力。同时，通过股权转让的方式回收资金，将增加公司现金流。 东宏股份是一家以工程管道和管道工程为主业的工程管道制造商、管道工程服务商和管道工 ...

Core Viewpoints - The company has a diversified portfolio across health, happiness, and wealth sectors, with notable subsidiaries including Fosun Pharma, Fosun Hani, and Club Med, indicating a comprehensive strategy in the pharmaceutical and insurance industries [1][2][3] - The company is actively implementing a strategy focused on core businesses and optimizing asset quality, which is expected to improve as the price-to-book ratio is currently low [1][4] Health Sector Summary - The health sector encompasses pharmaceuticals, medical devices, diagnostics, and healthcare services, with a focus on innovative drugs, mature products, and vaccines [1] - Key products include Hanlikang, Hanquyou, Hanshuang, and Yikaida, targeting various cancers and autoimmune diseases, showcasing a strong pipeline in oncology and immunology [1] - The medical device segment includes aesthetic, respiratory, and professional medical products, while diagnostics extend from biochemical to molecular and home testing [1] Happiness Sector Summary - The happiness sector is optimizing brand positioning, with a focus on upgrading gold and jewelry stores and enhancing the overall brand image of the Yuyuan shopping district [2] - Club Med has achieved record revenue through exclusive all-inclusive offerings, and Atlantis Sanya has reached new occupancy highs, maintaining brand competitiveness [2] Wealth Sector Summary - The wealth sector's asset quality is improving, with insurance operations including Fosun Portugal Insurance and Dingrui Reinsurance, contributing significantly to revenue growth [2] - In 2024, the insurance business generated revenue of 39.31 billion yuan, a 5% increase year-on-year, with a notable rise in net profit by 117.2% to 1.72 billion yuan [2] - Fosun Portugal Insurance reported gross premium income of approximately 6.17 billion euros, reflecting the company's global operational capabilities [2] Asset Management Summary - The asset management business generated revenue of 15.8 billion yuan in 2024, a 10.3% increase, with a net loss of 4.37 billion yuan primarily due to a one-time non-cash loss from the valuation adjustment of the Cainiao project [3] - The asset management segment accounts for 29% of the wealth sector's total revenue, with investment and hive management contributing 17% and 12%, respectively [3] - Total assets in the asset management business reached 268.12 billion yuan, representing 33% of the company's total assets [3]

长江商报消息 ●长江商报记者 徐靓丽 文旅市场活跃助力三峡旅游（002627.SZ）业绩提升。 今年一季度，三峡旅游营业总收入为1.41亿元，同比上涨7.56%；归母净利润为1664.88万元，同比上涨 75.73%。 公司剥离汽车销售业务、供应链业务后聚焦旅游主业，未来将向"长江三峡旅游主导者""中国内河游轮 旅游领航者"战略目标努力。 三峡旅游日前在与投资者互动时透露，公司自建的第一批两艘省际游轮将于2026年6月和12月分别投入 运行，运营宜昌至重庆航线。 从三峡旅游发布的2024年年报来看，2024年，公司营收7.41亿元，同比下降53.7%；归母净利润1.18亿 元，同比下降9.3%；扣非归母净利润9629万元，同比上升8.2%。若2023年同期剔除汽车销售业务、供 应链业务及转让汽车销售公司和天元供应公司股权对收入和利润总额的影响，三峡旅游2024年营业收入 较2023年增加6577.15万元，同比增长9.74%；利润总额增加4241.90万元，同比增长37.94%。 聚焦主业一年多，三峡旅游今年的一季报成绩斐然。今年一季度，公司营业总收入为1.41亿元，同比上 涨7.56%；归母净利润为1664 ...

Core Viewpoint - Bohai Leasing plans to sell 100% equity of its subsidiary Global Sea Containers Ltd (GSCL) for approximately $1.632 billion, aiming to focus on its core aircraft leasing business and improve its debt structure [1][2][3] Group 1: Transaction Details - The base price for the transaction is set at $1.75 billion, with an adjusted price of approximately $1.632 billion by the end of 2024, equivalent to about 11.752 billion RMB [1] - The buyer is Typewriter Ascend, a wholly-owned subsidiary of Stonepeak, which manages approximately $73 billion in assets focused on infrastructure and real assets [1] - GSCL operates a fleet of approximately 4.055 million CEUs with an average utilization rate of 98.5%, serving around 750 leasing customers globally [1] Group 2: Financial Implications - The company has invested approximately $1.34 billion in GSCL, and the sale price exceeds this historical investment amount [2] - Proceeds from the sale will primarily be used to repay high-interest offshore dollar debts and improve cash flow domestically, effectively enhancing the company's asset-liability structure [2][3] - As of December 31, 2024, Bohai Leasing has overdue debts amounting to approximately 1.783 billion RMB, with short-term debts due within a year totaling about 7.6 billion RMB [2] Group 3: Market Context and Strategic Focus - The container leasing market is highly competitive, involving shipping companies, container leasing firms, and manufacturers [4] - Post-transaction, the company will no longer engage in container leasing, allowing it to mitigate risks associated with global trade fluctuations and concentrate on aircraft leasing [4] - The company aims to capitalize on the recovery of the global aviation industry, enhancing its competitive advantage and profitability in the aircraft leasing sector [4]

观众的痛点正好被这位师傅看到，他就买来一辆三轮车，干起了摆渡这门生意。一场演唱会下来，仅他 一个人就可以接二三十单生意，挣五六百元，比开滴滴强多了！ 前段时间去成都东安湖体育馆听演唱会，因为车太多，车位不足，还没到体育馆，就被交警指挥分流到 更东边的一个停车场。 那里距离体育馆还有三四公里路，步行过去至少得半个小时，而眼看演出马上就要开始了，怎么办呢？ 一筹莫展时，一辆火三轮轰鸣着冲到我们面前："体育馆体育馆！20块钱一趟，走不走？" 傻子才不走呢，一家人挤进三轮车，十分钟不到就把我们顺利送到。 路上，我在和师傅的聊天中得知，他就是龙泉驿区的农民，平时打零工，前几年开滴滴，勉强维持家 用。 成都大运会后，主场馆内的演唱会逐渐多起来，几乎每周都有，但由于体育公园距离最近的地铁站有近 4公里，很多观众都是开车或者打车过来，下车点距离场馆同样有几公里。 最让我印象深刻的是他车身上写的广告语"路太偏、赶时间"。据他说，完全是自己想出来的。 在他看来，虽然现在交通方式已经非常多元了，仅城市内就有地铁、公交、私家车、共享车等等，但火 三轮还是有自己的空间，那就是有些很偏远的地方，没有地铁公交，而市区内尽管什么交通工具都有 ...

Group 1 - The company announced that its wholly-owned subsidiary, Global Sea Containers Two Limited (GSCTL), intends to transfer 100% equity of its subsidiary, Global Sea Containers Ltd (GSCL), to Typewriter Ascend for a cash payment [1] - The base price for the transaction is set at $1.75 billion, with an adjusted transaction price of approximately $1.632 billion by the end of 2024 [1] - GSCL specializes in container leasing, managing a fleet of approximately 4.055 million CEUs with an average utilization rate of 98.50% [1] Group 2 - The proceeds from the transaction will be used primarily to repay high-interest offshore dollar debts and improve cash flow domestically [2] - After the completion of the transaction, the company will no longer operate in the container leasing business, allowing it to mitigate risks associated with global trade fluctuations and refocus on its core aircraft leasing business [2]

Core Insights - EDAP TMS SA reported strong growth in the adoption of its Focal One robotic HIFU system, achieving a record nine system placements in Q1 2025, the highest in the company's history [2][5] - The company launched the new Focal One i Robotic HIFU System, which includes enhanced features aimed at improving treatment efficiency and expanding its market leadership in focal therapy [2][6] - Positive clinical data from the FARP randomized controlled trial supports the use of HIFU for early-stage prostate cancer, indicating non-inferiority compared to traditional robotic radical prostatectomy [3][6] Business Update - The company achieved a record number of Focal One system placements and received CE Mark designation for the treatment of deep infiltrating endometriosis [5][7] - The FARP trial results were presented at the AUA 2025 meeting, marking a significant milestone in clinical evidence for ultrasound-based focal ablation therapy [6][5] - The Focal One i system features new capabilities, including compatibility with advanced imaging technologies and improved treatment workflows [6][5] Financial Performance - Total HIFU revenue for Q1 2025 was EUR 6.2 million (USD 6.5 million), a 6.8% increase from EUR 5.8 million (USD 6.3 million) in Q1 2024, driven by increased system sales [10] - Total revenue for the non-core business declined to EUR 7.4 million (USD 7.8 million) from EUR 9.1 million (USD 9.9 million) in the previous year, reflecting the company's strategic focus on high-growth opportunities in focal therapy [11] - The company's total worldwide revenue for Q1 2025 was EUR 13.6 million (USD 14.3 million), down 9.1% from EUR 14.9 million (USD 16.1 million) in Q1 2024 [13] Operating Metrics - Gross profit for Q1 2025 was EUR 5.7 million (USD 6.0 million), with a gross profit margin of 42.0%, slightly down from 42.8% in Q1 2024 [14] - Operating expenses increased to EUR 11.7 million (USD 12.3 million) from EUR 11.2 million (USD 12.1 million) in the same period last year, primarily due to investments in the HIFU business [15] - The net loss for Q1 2025 was EUR 7.1 million (USD 7.5 million), compared to a net loss of EUR 4.5 million (USD 4.9 million) in Q1 2024 [16] Cash Position - As of March 31, 2025, the company held cash and cash equivalents of EUR 22.8 million (USD 24.6 million), down from EUR 29.8 million (USD 30.9 million) at the end of 2024 [16]

领克并入极氪，极氪闪电退市再并入吉利，半年来这一番杀伐果断的操作，李书福归来还是那 个"汽车狂人"。今年上海车展期间，李书福带队直播巡场，并给政府领导做了全方位的展台介绍，在持 续多年投入几乎全部精力在办教育、推广甲醇能源后，回归汽车主业的信号明显。 2024年年初的吉利战略沟通会，也是吉利品牌多元化的顶峰时期，旗下拥有吉利汽车、领克、极 氪、远程、雷达、LEVC翼真、睿蓝、smart、路特斯9个独立品牌，再加上沃尔沃和极星，提出要成 为"新能源汽车时代的大众集团"这一目标并不违和。 让人意想不到的是，2024年竟成为了中国汽车工业史上最"卷"的一年，持续不断的价格战以及销量 压力，把众多车企迅速"卷"入生死存亡的淘汰赛阶段。艰难的厮杀数月后，李书福在9月举办的台州车 展上宣读《台州宣言》，就此拉开吉利"战略聚焦"的大收缩序幕。 如果说吉利阶段的成功，是在中国汽车高速发展的风口上做了对的事。那么在吉利汽车的高光时刻 卸任，孤注一掷从0到1打造极氪汽车，让吉利在高端新能源智能车领域走在了第一梯队，安聪慧真正让 人们看到了最好的"产品经理"是油电全能。 无论外界怎么变化，无论台州宣言指引下多个品牌都在合并收缩，吉 ...

在资本市场的广阔天地中，分拆上市作为一种重要的资本运作方式，正日益受到企业和投资者的关注。它不仅为企业提供了新的 发展机遇，也为投资者带来了更多的投资选择。今天，利多星就带大家深入了解一下分拆上市。 分拆上市是指一家母公司（通常为上市公司）将其部分业务或资产剥离出来，单独成立一家新的子公司，然后将子公司在证券市 场上公开上市的过程。其核心是通过资产分割和股权重组，使子公司成为独立的上市主体，实现业务聚焦和价值重估。 二、分拆上市的主要形式 不同市场的上市规则差异较大，以下为中国证监会对境内分拆上市的核心要求（简化版）： 母公司资质- 上市满 3 年；- 最近 3 年连续盈利；- 对子公司持股比例不低于 50%（分拆后）。 子公司资质- 业务独立，与母公司不存在同业竞争；- 资产、财务、人员独立，内控健全。 财务指标- 子公司最近 1 年净利润占母公司比重不超过 50%；- 资产占比不超过 30%。 这些条件旨在确保分拆上市的企业具备良好的基本面和规范的运作，保护投资者的合法权益。 （一）境内分拆上市 母公司将子公司分拆后，在境内证券交易所（如 A 股主板、科创板、创业板等）上市。例如，2023 年，某科技集团 ...

答：尊敬的投资者，您好。2024 年公司化妆品业务毛利率 17.42%，较上期上升 5.37 个百分点，得到较大改善。2025 年， 公司将紧扣"聚焦客户、聚焦产品"的两个聚焦战略，在产品研 发、市场开发、成本控制、结构调整和人力资源管理等方面深耕 细作，优化生产经营管理，增强公司化妆品业务的核心竞争力。 谢谢您的关注。 4、请问公司今年在经营方面有什么规划？ 答：尊敬的投资者，您好。公司在 2025 年的经营计划具体 有：1、紧扣"聚焦客户、聚焦产品"的两个聚焦战略，进一步开 拓市场。2、加快数智化建设，夯实本土化妆品 ODM 行业龙头地 位。3、坚持核心技术创新，提升公司行业竞争力。4、内部治理 方面，进一步完善内部管理，提升公司运营效率。5、适当布局美 丽健康产业链。谢谢您的提问。 答：尊敬的投资者，您好。感谢您的建议，公司管理层将认 真考虑您的建议，并根据公司战略发展规划作出相关的安排。谢 谢您的关注。 3、同为美妆行业，为何公司的净利润率远远低于同行？ 证券代码：300132 证券简称：青松股份 福建青松股份有限公司 投资者关系活动记录表 编号：2025-002 投资者关系活动 类别 □特定对象调研 ...