Core Viewpoint - The company, 聚光科技, is experiencing pressure on its performance for the first half of 2025, while its subsidiary, 谱育, is showing improved operational conditions [2][9]. Performance Forecast - The performance forecast period is from January 1, 2025, to June 30, 2025 [4]. - The company expects a net loss of 54 million yuan, compared to a profit of 45.55 million yuan in the same period last year [5][6]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of 84 million yuan, down from a profit of 12.28 million yuan in the previous year [6]. Reasons for Performance Changes - The company is focusing on high-quality transformation and upgrading, concentrating resources on high-end analytical instruments and core supporting businesses [8]. - The operational results are under pressure due to strategic choices made to enhance long-term competitiveness, with cash flow remaining stable and core high-end business showing good momentum [9]. - Non-recurring gains and losses for the first half of 2025 are estimated at approximately 30 million yuan, mainly from government subsidies [10]. - The subsidiary, 杭州谱育科技, has improved operational efficiency, resulting in a significant reduction in losses despite a temporary adjustment in revenue [10].

Phillips 66 (PSX) 2025 Conference June 24, 2025 10:55 AM ET Speaker0 So welcome Mark Weisher, chairman and CEO of Phillips sixty six. Mark has been CEO since 02/2022, and he's, I believe, a lifer with the company back to Philips Petroleum and inclusive of his time at CPChem where he had several positions and ultimately ran CPChem prior to taking the helm of Philips as he's sick. So, Mark, thanks very much for joining us today. Speaker1 John, thanks for having us here. Speaker0 So let's start with probably t ...

金融监管总局：允许货币经纪公司为金融机构之间货币、债券、外汇、黄金、衍生品等市场交易提供撮 合服务 智通财经6月20日电，国家金融监督管理总局有关司局负责人就《货币经纪公司管理办法》答记者问。 结合金融市场发展以及监管实践，《办法》对货币经纪公司业务范围进行优化调整。一是适度延展经纪 业务范围。允许货币经纪公司为金融机构之间货币、债券、外汇、黄金、衍生品等市场交易提供撮合服 务。二是明确衍生品经纪业务品类。基于功能定位和防范风险考虑，明确货币经纪公司撮合金融机构之 间的衍生品交易不包括权益类、商品类衍生品。三是规范数据提供服务。与现行相关规制衔接，明确货 币经纪公司可以依法合规利用经纪业务过程中形成的市场行情数据，向客户提供数据服务。 ...

Financial Data and Key Metrics Changes - Consolidated net sales for Q2 2025 were $629.1 million, an increase of $45.1 million or 7.7% compared to Q2 2024, excluding the impact of the divested E and C transit bus business [26][27] - Adjusted EBITDA for Q2 2025 was $58.9 million, a 63.6% increase year over year, excluding the impact of the divested bus business [27][29] - Cash flow from operating activities in the quarter was $117 million, with $11.4 million spent on capital expenditures [41][22] Business Line Data and Key Metrics Changes - Specialty Vehicles segment sales increased by $16.5 million to $453.9 million, with a 12.2% increase when excluding the divested transit bus business [29][30] - Recreational Vehicle segment sales decreased by $4.4 million or 2.4% due to lower unit shipments amid soft market demand [34][35] - Specialty Vehicles segment adjusted EBITDA increased by $24 million or 74.3% year over year, driven by higher sales and manufacturing efficiencies [30][31] Market Data and Key Metrics Changes - Specialty Vehicles segment backlog at the end of the quarter was $4.3 billion, reflecting strong demand for fire apparatus [31] - Recreational Vehicle segment backlog declined by 2% to $268 million, attributed to soft end market demand [37] - REV brand retail sales decreased by 10% year over year, compared to a 13% decline in the broader industry [35] Company Strategy and Development Direction - The company is focusing on operational excellence, investing in people and equipment, and product innovation to drive sustainable growth [10][23] - A strategic decision was made to exit the non-motorized travel trailer and truck camper product categories to concentrate on scalable operations with stronger competitive positioning [18][19] - The company is increasing capital expenditure plans to enhance throughput and efficiency across its operations [23][42] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating tariff impacts and maintaining updated financial guidance for the year [13][42] - The company anticipates continued growth in the Specialty Vehicles segment, with mid-teens revenue growth expected for the second half of the fiscal year [33][42] - Management noted that demand for fire and ambulance products is returning to long-term trend levels, with expectations for normalized order levels in the back half of the year [64] Other Important Information - The company repurchased approximately 2.9 million shares for $88 million under its share repurchase authorization [22][41] - A non-cash loss of $30 million was recognized related to the Lance Camper assets held for sale, partially offset by a $16.6 million income tax benefit [36][43] - The company maintains ample liquidity with approximately $263.2 million available under its ABL revolving credit facility [41][44] Q&A Session Summary Question: What is the timeframe for tariff impacts on the backlog and output? - Management expects the RV tariff impact to primarily affect the back half of fiscal 2025, with some potential carryover into early 2026 [47][48] Question: What is the expected return on the $20 million investment in the Brandon facility? - Management indicated that the investment aims to reduce lead times and increase throughput, but specific return metrics were not disclosed [49][50] Question: How does the sale of Lance impact long-term EBITDA goals? - Management clarified that Lance represents less than 10% of total sales for recreation, thus having no material impact on long-term EBITDA targets [51][52] Question: Will dealer assistance continue to increase in the second half? - Management expects a softer second half for recreation sales, influenced by tariffs and consumer confidence risks, but did not specify on dealer assistance trends [57][58] Question: What is the demand outlook for the S-one 80 program? - Demand for the S-one 80 program remains strong, with orders increasing across various brands [62][63] Question: What is the current state of wholesale versus retail demand in recreational vehicles? - Retail shipments showed early signs of improvement, while dealer inventories are healthier, which should drive better wholesale orders [70][72]

自2024年11月以来，大商所推出一系列厂库标准仓单担保品业务优化措施，通过实施担保品总量池管理 模式、对担保品价格开展逐日盯市、引入银行承兑汇票担保品等，为各厂库更好地开展业务提供便利。 半年来，各项措施得到了市场的欢迎与肯定，在提升业务操作便利性、降低厂库标准仓单注册成本等方 面的效果逐步显现。 总量池管理后担保品使用更高效 期货日报记者了解到，随着近年来期货市场实体企业参与度的不断提升，厂库标准仓单的申请数量也在 不断增加，厂库担保品的规模随之增长。为此，大商所对担保品实施了总量池管理的模式，允许厂库跨 资产类型、跨品种、跨分库共用担保品额度。以往一笔银行保函只能用于一笔仓单注册、不能拆分注册 新仓单，优化后，在担保品额度和保函有效期满足要求的前提下，同一厂库各库点、各品种仓单可合并 开立保函，操作更为简化，业务办理效率得到提升。 中粮肉食投资有限公司是大商所生猪集团交割库，共设有7个集团库分库。以往各分库注册标准仓单 时，需要集团库为不同分库分别提交担保品，不支持担保品额度通用。优化后，集团库仅需提交一笔担 保品，即可在多个分库注册仓单，不必分别开立、提交担保品。该公司相关业务负责人陈鸣旭表示，对 集 ...

5月26日，日本知名美妆企业POLA集团发布公告称，因集团在中国市场业务萎缩，董事会决议解散合 并子公司奥蜜思商贸(北京)有限公司。据公告，该子公司负责旗下护肤品牌奥蜜思（ORBIS）在中国大 陆的销售，但近三年累计亏损超15亿日元。 社交平台上，有网友质疑POLA集团是否要退出中国市场。5月29日，POLA中国发布公告表示，集团在 中国的其他品牌子公司均正常运营，产品供应、售后服务及市场活动不受影响。 作为集团业绩强劲增长的品牌，奥蜜思逐步缩减其在中国的线上销售渠道。南都湾财社记者注意到，品 牌抖音官方旗舰店称于6月10日关闭店铺，其天猫官方客服也向记者表示，天猫官方旗舰店于6月30日关 闭。5月30日，记者发送采访需求至POLA集团IR处，截至发稿前未得到回应。 该子公司三年亏损超15亿日元 据POLA集团发布的解散公告，奥蜜思商贸(北京)有限公司成立于2008年，负责在中国大陆销售奥蜜思 品牌。公司提及，解散系因中国经济变化及电商市场竞争加剧，集团盈利能力难以立即改善，因此被迫 缩减业务规模，POLA集团未来更专注于预期增长更稳定的品牌和地区，以实现全球业务增长。 据POLA集团公布的数据，该公司的注册 ...

- 2 - | | 本，提高市场竞争力。谢谢！ | | | | | | --- | --- | --- | --- | --- | --- | | | 5、如何看待目前行业市场竞争格局？ | | | | | | | 答：石化行业当前面临"双碳"政策约束与结构性调整的双重 | | | | | | | 压力。国内传统石化企业受市场需求不足影响，竞争加剧。公司作 | | | | | | | 为聚丙烯、液化气、双氧水等产品的生产商，需应对原料供应波动 | | | | | | | 及市场需求变化的影响。 | | | | | | | 6、公司有什么改善经营、扭亏脱困措施吗？ | | | | | | | 答：您好！公司采取的主要措施有：加强内控治理，规范企业 | | | | | | | 经营行为；降本增效，优化操作降低生产成本，压缩非生产性开支； | | | | | | | 优化产品结构，开发高附加值新产品；优化信贷结构，降低财务费 | | | | | | | 用；加强资本运作和股权融资；筹划战略转型，寻求新的效益增长 | | | | | | | 点。 | | | | | | 附件清单 | 无 | | | | | | （如 ...

TopBuild (BLD) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Company Participants PI Aquino - Vice President - Investor RelationsRobert Buck - President & CEORobert Kuhns - CFOAatish Shah - Equity ResearchStephen Kim - Senior Managing DirectorMichael Rehaut - Executive DirectorAdam Baumgarten - Managing DirectorPhilip Ng - Managing DirectorTrey Grooms - Managing DirectorKeith Hughes - Managing DirectorJeffrey Stevenson - Vice PresidentCollin Verron - Director Conference Call Participants Susan Maklari - Se ...

TopBuild (BLD) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. Greetings, and welcome to TopBuild's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow today's formal presentation. Please note this conference is being recorded. At this time, I'll now turn the conference over to your host, Pia Ichino, Vice President, Investor Relations. Pia, you m ...

Guess?, Inc. (GES) Q4 2025 Earnings Conference Call April 03, 2025 04:45 PM ET Company Participants Operator - Conference Call ModeratorOperator - Conference Call ModeratorCarlos Alberini - Chief Executive OfficerFabrice Bernouche - Senior Vice President of Finance, Investor Relations & Chief Accounting OfficerDenis Sikor - Interim Chief Financial Officer Conference Call Participants Mauricio Serna - Analyst, UBSEric Better - Analyst, Small Cap Consumer Research Operator Good day, everyone, and welcome to t ...