消息面上，据期货日报，有知情人士告诉记者："7号上午有市场消息称，陕西省榆林市政府在相关会议 上通报称，根据国家发展改革委等六部委联合印发的文件，因2024—2025年电煤保供落实不到位，核增 产能的52处煤矿中，有26处煤矿被调出保供名单并核减产能1900万吨。对此，记者求证了多位产业和行 业人士。有煤矿人士告诉记者，上述消息属实，但对市场的实际影响不大。 智通财经APP获悉，煤炭股再度上扬，截至发稿，南戈壁(01878)涨5.34%，报2.17港元；中国神华 (01088)涨2.16%，报40.76港元；兖矿能源(01171)涨2.06%，报10.88港元；中煤能源(01898)涨0.73%，报 10.99港元。 山西证券认为，反内卷趋势未变，4季度业绩仍有改善预期，若价格长期高位运行，26年业绩仍具备修 复空间。股价下跌强化红利价值，可逢低配置。国海证券表示，展望2026年，"炭火暖意，天平微倾"， 行业供需关系预计将有改善，叠加政策托底，预计煤价中枢或有提升，预计北港动力煤价中枢在750元 左右、北港主焦煤均价在1550元左右，行业盈利能力有望得到一定修复。 ...

声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 责任编辑：小浪快报 2026年1月6日，神州高铁（sz000008）触及涨停，涨停价3.15元，涨幅10.14%，总市值85.57亿元，流通 市值85.56亿元，截止发稿，总成交额4.01亿元。 根据喜娜AI异动分析，神州高铁涨停原因可能如下，债务重组+技术领先+业绩改善： 1、神州高铁公告 显示，公司债务重组取得进展，已完成部分抵押登记并收回201万元款项，与神州腾信的债务重组方案 可收回71.9%债权（2600万元），一定程度上缓解了公司财务压力。同时，公司获得99.25亿元银行授 信，为业务发展提供了充足的资金保障。 2、公司在技术上拥有显著的领先优势，拥有 820 +专利、500 +软著，覆盖 ...

2025年12月25日，嘉美包装（sz002969）触及涨停，涨停价8.9元，涨幅10.01%，总市值85.04亿元，流 通市值84.49亿元，截止发稿，总成交额913.90万元。 根据喜娜AI异动分析，嘉美包装涨停原因可能如下，控制权变更+业绩改善+股份回购： 1、公司正处于 控制权变更关键时期，新控股股东苏州逐越鸿智科技发展合伙企业入主，可能注入新技术和管理理念， 还提供5年累计6亿元业绩承诺，带来战略转型预期。2025年12月17日发布要约收购准备公告，要约价格 4.45元，这一事件极大刺激了市场对公司未来发展的预期。 2、公司第三季度业绩出现改善，Q3营收同 比增长11.38%，净利润同比增长15.08%，业务结构调整初见成效，这让投资者看到了公司基本面好转 的迹象。同时，公司股份回购计划稳步推进，累计回购2.25%股份，金额达7500万元下限，用于可转债 转换优化资本结构，显示出公司对自身价值的认可。 3、从市场板块来看，嘉美包装所属包装印刷板 块，近期市场对有业绩改善预期和发生重大股权变动的包装类企业关注度提升。东方财富数据显示，当 日包装印刷板块部分个股表现活跃，形成一定的板块联动效应。 4、技 ...

证券日报网讯12月18日，华宇软件（300271）在互动平台回答投资者提问时表示，根据公司《2025年三 季度报告》，公司业务开拓加速推进，订单储备稳步夯实，盈利能力继续改善。前三季度，公司实现新 签合同额11.8亿元，同比增长6.0%；期末在手合同额19.1亿，同比增长14.0%。前三季度受部分项目验 收节奏滞后影响，公司实现营业收入9.09亿元，同比下降3.48%；扣除非经常性损益后的净利润亏损 1.44亿元，归属于上市公司股东的净利润亏损1.38亿元，分别较去年同期亏损收窄45.13%、47.70%；经 营活动产生的现金流量净额保持同比增长。公司合同额实现稳步增长，为后续收入实现奠定基础。三季 度以来，公司在改善运营效率的同时，着力加强开展验收工作，努力提升全年收入规模和整体经营水 平。 ...

证券日报网12月9日讯联合光电（300691）在12月8日回答调研者提问时表示，公司将积极采取措施不断 改善业绩，并争取通过成本优化、多业务板块的协同发展等手段推动公司整体盈利能力的提升。 ...

（编辑 姚尧） 证券日报网讯 新劲刚11月19日在互动平台回答投资者提问时表示，关于订单落地问题，2025年前三季 度公司新增订单（含正式合同及意向订单）同比实现大幅增长，生产端保持满负荷运转。不过受下游行 业短期调整影响，部分客户合同审批、签订及验收周期有所延长，导致本期可确认收入未能同步跟进 （该情况三季度已逐步改善，目前仍在持续推进解决）。合同负债转结营业收入的进度，需结合下游客 户签约落地及产品验收进度综合确定。公司管理层高度重视营收增长问题，正通过优化产品结构、拓展 市场渠道、提升运营效率等方式推动业务突破，后续将以更清晰的业绩增长逻辑回馈投资者。关于业绩 改善问题，公司管理层已制定明确布局规划：一是优化产品结构，强化核心产品竞争力；二是拓展多元 化市场渠道，突破现有业务边界；三是提升运营效率，保障订单快速落地转化。公司将严格按照相关规 则，及时履行信息披露义务，敬请投资者关注公司后续公告。 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Insights - The company reported a revenue of 3.46 billion yuan for the first three quarters of 2025, a year-on-year decline of 13.8%. The net profit attributable to the parent company was 270 million yuan, down 34.5% year-on-year. In the third quarter alone, revenue was 1.09 billion yuan, a decline of 9.9% year-on-year, but the net profit was 25.22 million yuan, indicating a turnaround from losses [2][4]. Summary by Sections Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 34.6 billion yuan, down 13.8% year-on-year, and a net profit of 2.7 billion yuan, down 34.5% year-on-year. In Q3, revenue was 10.9 billion yuan, down 9.9% year-on-year, with a net profit of 25.22 million yuan, indicating a return to profitability [2][4]. Operational Adjustments - The company has actively undertaken operational adjustments, leading to a net profit margin decline of 2.5 percentage points to 7.8% year-on-year. The gross margin improved by 0.6 percentage points to 74.3% due to price stabilization and a reduction in promotional activities. However, sales, management, R&D, and financial expense ratios increased by a total of 4.3 percentage points [10]. Future Outlook - The company is focusing on core products and controlling pricing mechanisms, with initial positive results from the strategy. The revenue decline has narrowed quarter-on-quarter, and the company expects continued improvement in operational quality as product adjustments take effect. EPS forecasts for 2025-2027 are 1.18, 1.55, and 1.67 yuan per share, respectively [10].

Investment Rating - The report maintains a positive outlook for Samsonite, indicating a potential recovery in sales and profitability, with expectations for mid-single-digit revenue growth trajectory around 2026 [2][19]. Core Insights - In 3Q25, Samsonite's net sales declined by 1.3% year-on-year, a significant improvement from the 5.8% decline in 2Q25, driven by recovery in DTC and non-travel businesses [2][12]. - The gross margin for 3Q25 reached 59.6%, up 30 basis points from the previous year, indicating effective cost management despite tariff pressures [3][13]. - The company completed a core debt refinancing, enhancing liquidity and financial flexibility, with net debt at approximately $1.2 billion and a net leverage ratio of around 2x [4][14]. - DTC channel sales increased by 3.5% year-on-year, with e-commerce growing over 10%, reflecting a shift towards direct-to-consumer sales [5][15]. - TUMI brand showed strong performance with a 5.0% year-on-year revenue increase in 3Q25, contributing positively to the overall group revenue [6][16]. Summary by Sections Financial Performance - 3Q25 net sales were $1.1 billion, with a notable recovery in various regions, excluding North America, which remained under pressure [2][12]. - The company expects further sales improvement in 4Q25, supported by strong October sales and positive holiday season momentum [19]. Cost Management - Gross margin improvements were achieved through supplier collaboration and product optimization, with expectations for continued strong performance into 4Q25 [3][13]. - Operating expenses increased slightly due to prior expansions, with SG&A expenses at $339 million, up 5.1% year-on-year [3][13]. Debt and Liquidity - The company successfully restructured its core debt, extending maturity dates and reducing funding costs, which enhances financial resilience [4][14]. Sales Channels - The DTC channel's revenue share increased from 38.9% to 42%, indicating a strategic shift towards direct sales [5][15]. - The wholesale channel faced challenges, but growth in third-party e-commerce helped mitigate some of the declines [5][15]. Brand Performance - Samsonite brand revenue declined by 4.1% year-on-year, while TUMI and American Tourister showed signs of recovery, with TUMI achieving a 5.0% increase [6][16][18].

Core Viewpoint - Anjuke Foods (02648) shares rose over 5%, reaching a new high of 69.05 HKD, driven by positive quarterly earnings results [1] Financial Performance - For the first three quarters, Anjuke Foods reported revenue of 11.371 billion HKD, a year-on-year increase of 2.66% [1] - The net profit attributable to shareholders for the same period was 949 million HKD [1] - In the third quarter alone, the company achieved revenue of 3.766 billion HKD, reflecting a year-on-year growth of 6.61% [1] - The net profit for the third quarter was 273 million HKD, which is an increase of 11.8% year-on-year [1] Market Insights - CCB International noted that the company's core business revenue remained stable in the third quarter, with strong performance in new channels [1] - The company is driving growth through product innovation, adapting to channel changes and consumer demands [1] - With the peak season in the second half of the year, the company's performance is expected to improve quarter by quarter [1]

Core Viewpoint - The company emphasizes shareholder returns and aligns management compensation with operational performance, while implementing measures to improve performance amidst challenges [2] Group 1: Company Strategy - The company is optimizing its order structure to enhance performance [2] - It is accelerating the release of high-end production capacity [2] - The company is strengthening cost control measures [2] Group 2: Compensation and Performance - The compensation system will be continuously optimized based on operational realities and industry practices [2] - The company aims to ensure that incentives are aligned with performance to enhance overall company value [2]