对于雀巢而言，此举旨在扩大即饮奶咖生产规模，以更好地满足当地消费者需求。 雀巢投资约2.6亿元扩建英国达尔斯顿工厂 近日，雀巢投资2800万英镑（折合人民币约2.6亿元）升级英国坎布里亚郡达尔斯顿工厂，用于扩建即饮奶咖生产线。该投资将新建混料车间与两条包装 生产线，预计人工处理量削减80%，每小时产能达6万包。新生产线将采用可循环包装材料，（FoodBev Media） 小编评： -投资动态- 小编评： 值得注意的是，这是达能在加拿大的最大投资，投资将使工厂的酸奶生产能力快速，以满足加拿大消费者旺盛增长的健康需求。 日前，达能加拿大宣布对其位于魁北克省Boucherville的工厂进行历史性投资。该项目还包括投资能源回收设备，强化公司的可持续运营。达能在该国主 要销售Activia、Oikos、Silk、Danone、Two Good、International Delight、依云等品牌的产品。（公司发布） 天眼查工商信息显示，近日，赛百味餐饮管理（上海）有限公司发生工商变更，注册资本由约3.2亿人民币增至约3.8亿人民币，增幅约21%。 赛百味餐饮管理（上海）有限公司成立于2014年4月，法定代表人为朱付 ...

【导读】首创证券（601136）重大人事调整，张涛、蒋青峰分别出任董事长、总经理 重大人事变动，正式落地！ 11月19日晚间，首创证券公告显示，董事长毕劲松因到龄退休辞职，不再担任公司任何职务。公司董事会选举原总经理张涛为新任董 事长，总经理一职则由原副总经理蒋青峰担任。 另外，首创证券董事会还选举刘惠斌为公司副董事长。上述相关任命已经董事会会议审议通过。 来看详情—— 毕劲松退休离任 原总经理张涛"接棒" 首创证券称，董事会收到毕劲松递交的书面辞职报告。因到龄退休，毕劲松申请辞去首创证券第二届董事会董事长、董事职务及董事 会下设专门委员会相应职务，辞去上述职务后不再担任公司任何职务。 毕劲松原定任期到期时间为2026年9月14日，此次离任时间提前约10个月。 "85后"副总蒋青峰升任总经理 公开信息显示，毕劲松出生于1965年，硕士研究生。毕劲松金融从业经验丰富，曾在原国泰证券、原国泰君安证券、原中富证券、民 生证券等地担任重要职务。2007年1月，毕劲松加入首创证券，先后担任副总经理、总经理、董事及党委书记等重要职务，并于2024年 4月当选公司董事长。 首创证券称，任职期间，毕劲松以其深厚的金融素养和专 ...

出品：新浪财经上市公司研究院 作者：光心 2025年11月17日，中银证券召开年度第三次临时股东大会，会议上对选举两位非独立董事的议案进行表 决，两项议案均以超99.8%的赞成票通过，两位董事梁刚、董尚斌将正式履职。 据公开资料，二人均来自中石油系，而中石油旗下的中国石油集团资本有限责任公司也是中银证券的第 二大股东，持股比例14.32%。 然而，值得注意的是，公告同时披露5%以下股东的表决情况，在小股东表决中，梁刚所获得的同意票 占比为90.44%，董尚斌获得的同意票占比为89.34%，也就是说，大约有10%的小股东投了反对票或弃权 票。 | 议案序号 | 议案名称 | 得票数 | 得票数占出席会 | 是否当选 | | --- | --- | --- | --- | --- | | | | | 议有效表决权的 | | | | | | 比例 (%) | | | 1.01 | 梁刚 | 1.345.556.276 | 99.8490 | 是 | | 1.02 | 董尚斌 | 1.345.321.998 | 99.8316 | 是 | | 以案 | 议案名称 | 可意 | | 反对 | | 弁权 | | | -- ...

Investment Dynamics - Hermès has acquired a 15% stake in Italian fabric manufacturer Lanificio Colombo, which specializes in cashmere and rare animal fibers [3] - In Q3 of the current fiscal year, Hermès reported a 5% increase in sales, reaching €3.9 billion, with the leather goods sector performing particularly well [3] - Hermès plans to invest over €1 billion in the next three years to build three new leather workshops in France to meet the growing demand for handbags [3] Brand Dynamics - Lianhua Supermarket announced the sale of its entire stake in Yangpu Century Lianhua to a subsidiary of Bailian Group, while continuing to manage and support the brand post-sale [8] - Lavazza has opened its first coffee shop in Hong Kong, expanding its presence in major Chinese cities since establishing a joint venture in 2020 [14] Financial Performance - E.l.f. Beauty reported a 14% increase in net sales for Q2 2026, reaching $343.9 million, with adjusted net income of $40.7 million, slightly below the previous year [17] - Coty reported a 6% decline in net revenue for Q1 2026, totaling $1.577 billion, with a 19% drop in net profit compared to the previous year [19] Personnel Changes - Tory Burch appointed Joëlle Grunberg as North America President, who has extensive experience in the fashion and luxury goods sector [21] - Carlsberg Group welcomed Torsten Steenholt as the new Executive Vice President and member of the Executive Committee, focusing on supply chain integration [27]

Core Viewpoint - The departure of Sun Dongxu, co-founder and former CEO of Dongfang Zhenxuan, has been confirmed, marking another significant personnel change following the exit of Dong Yuhui, raising concerns about the company's management stability [2][3][4]. Group 1: Personnel Changes - Sun Dongxu's resignation is seen as a continuation of the turmoil within Dongfang Zhenxuan, following the earlier departure of key personnel like Dong Yuhui [3][11]. - The CEO Yu Minhong acknowledged Sun's contributions and confirmed that Sun left for personal reasons, emphasizing a positive relationship between them [7][12]. - The company has faced a series of departures, including prominent figures and anchors, indicating a deeper personnel crisis [11]. Group 2: Financial Performance - For the fiscal year 2025, Dongfang Zhenxuan reported revenues of approximately 4.392 billion yuan, a year-on-year decline of about 32.69%, with net profit plummeting by 99.67% to 573.50 million yuan [4][15]. - The company's GMV (Gross Merchandise Volume) fell sharply from 14.3 billion yuan in 2024 to 8.7 billion yuan in 2025, a decline of 39.16%, primarily due to the divestiture of "Yuhui Xing" [15]. - The financial struggles are attributed to the loss of significant revenue sources and increased competition in the live commerce sector [17]. Group 3: Market Reaction - Since August 19, 2025, Dongfang Zhenxuan's stock price has dropped over 60%, reflecting investor concerns following the disappointing financial results [6][18]. - The stock peaked at 55.70 HKD per share on August 19, 2025, but fell to 21.44 HKD by November 6, 2025, marking a decline of 61.51% [18][19].

Core Viewpoint - The company has released its third-quarter financial report for 2025, highlighting significant changes in financial metrics and operational challenges due to the downturn in the real estate industry [3][4][5]. Financial Data Summary - The company reported a net profit attributable to shareholders of 23.14 million yuan for the third quarter and 89.34 million yuan for the first three quarters of 2025 [3]. - The company recognized impairment losses of 46.36 million yuan on long-term equity investments and 30.57 million yuan on financial assistance to its industrial park [3]. - The company’s cash and cash equivalents increased by 32% compared to the beginning of the year, primarily due to net inflows from operating activities and bank loans [5]. - Accounts receivable financing decreased by 30%, while other receivables dropped by 45% [5]. - Long-term receivables surged by 1062%, mainly due to increased employee loans [6]. - Fixed assets rose by 41% due to the completion of construction at the Vietnam production base [7]. Changes in Financial Metrics - Management expenses increased by 71% year-on-year, attributed to higher employee costs [15]. - Financial expenses saw a significant rise of 320%, driven by increased interest expenses and foreign exchange losses [15]. - Investment income skyrocketed by 1960%, largely due to gains from foreign exchange derivatives and financial product investments [15]. - The company reported a 642% increase in credit impairment losses, reflecting higher provisions for bad debts [15]. Cash Flow Analysis - Cash received from tax refunds increased by 33%, mainly due to higher export tax rebates [16]. - Cash payments to employees rose by 32%, reflecting increased salary expenses [16]. - Cash recovered from investments surged by 2107%, indicating a significant increase in the recovery of principal from financial products [16]. - Cash used for the construction of fixed assets increased by 52%, primarily due to investments in the Vietnam and Jiangxi production bases [16]. Corporate Governance - The board of directors and the supervisory board confirmed the authenticity and completeness of the quarterly report, ensuring compliance with legal and regulatory requirements [2][24]. - The company appointed a new vice president and a new financial director, indicating a shift in management structure [27][29].

Core Insights - Mastercard announced the departure of Raja Rajamannar as Chief Marketing and Communications Officer after 12 years, with Jill Kramer taking over the role [1][2] - CEO Michael Miebach praised Rajamannar's significant impact on Mastercard and the marketing industry, highlighting his creativity and leadership [1] - Jill Kramer brings extensive B2B marketing expertise and a global perspective, which is expected to drive growth and innovation for Mastercard [1][2] Leadership Transition - Raja Rajamannar will continue to contribute to Mastercard as a senior advisor after his tenure [1] - Jill Kramer previously served as Chief Marketing and Communications Officer at Accenture, where she significantly increased brand value from $12 billion to $20.9 billion [1][2] - Kramer's background includes leadership roles at top creative agencies like BBDO and DDB, focusing on B2B and digital marketing strategies [1] Strategic Implications - The leadership change is seen as a move to enhance Mastercard's brand image and market position in the global digital payments landscape [2] - Kramer's appointment is anticipated to bring new development opportunities for the company [2]

Core Viewpoint - The appointment of Hua Xinhui as the new Deputy General Manager of Zhongyuan Securities marks a significant leadership change within the company, which has experienced multiple executive adjustments throughout the year [1][3][4]. Group 1: Executive Changes - Hua Xinhui has been appointed as the Deputy General Manager and Executive Committee member of Zhongyuan Securities, with a term aligned with the current board's tenure [1][3]. - The company has seen frequent personnel changes in its executive team this year, including the resignation of independent director He Jun and the nomination of Wang Hui as his replacement [3][4]. - Other notable changes include Zhang Qiuyun taking over as Chairman and the resignation of several key executives, including Liu Hao and Wang Xiaogang, due to personal work changes [5]. Group 2: Financial Performance - In the first half of 2025, Zhongyuan Securities reported an operating income of 921 million yuan, a year-on-year decline of 23.14%, while net profit attributable to shareholders increased by 29.34% to 260 million yuan [5]. - The company's main revenue sources include brokerage, investment banking, asset management, proprietary trading, and credit business, with brokerage and proprietary trading being the primary contributors [5]. - Notably, the proprietary trading revenue fell significantly by 57.18% to 249 million yuan compared to 583 million yuan in the first half of 2024, attributed to reduced investment income from financial instruments [6].

Group 1 - Stellantis CFO Doug Ostermann is resigning for personal reasons, marking another change in the company's leadership [1] - Joao Laranjo, a veteran from Stellantis' predecessor Fiat Chrysler, will immediately take over the CFO position [1] - Analyst Michael Foundoukidis expressed that Ostermann's departure adds to the instability in management and raises concerns about the efforts needed to turn the company around [1] Group 2 - Stellantis reported a net loss of €2.3 billion (approximately $2.7 billion) for the first half of the year, surprising investors [2] - The company forecasts a reduction in profits by about €1.5 billion due to higher tariffs impacting its already struggling North American operations [2] - Stellantis is suspending production at some European plants due to weak demand for models like the Alfa Romeo Tonale SUV [2] - European automakers are facing challenges such as slowing electric vehicle sales, weak consumer demand, and increasingly strict emissions regulations [2] - Stellantis shares have dropped 23% year-to-date, trading at $9.26, up 0.33% in pre-market on Monday [2]

Core Viewpoint - SHEIN is adopting a bold hiring style, providing new employees with significant opportunities to take on responsibilities and roles within the company [2][4]. Group 1: Management Changes - The head of SHEIN's overseas local recruitment has quietly left the company, with no trace of this individual in the internal system [3]. - Wang Taizhong, who joined SHEIN earlier this year to oversee overseas local recruitment and related operations, previously served as a senior vice president at Momo for nearly ten years [3]. - Many senior executives at SHEIN are long-term employees, indicating a mix of experienced leadership and new talent [4]. Group 2: Recruitment Strategy - SHEIN's recruitment strategy includes a high turnover rate, with new hires directly responsible for categories and countries, undergoing a six-month evaluation period with monthly performance reports to COO Molly [5]. - The company has recently brought in external talent for key positions, including category leaders, to enhance its operational capabilities [5]. Group 3: Market Expansion - SHEIN is accelerating its expansion into markets outside the United States, launching semi-managed operations in Japan, Canada, Saudi Arabia, the UAE, and Brazil [6]. - To support third-party merchants, SHEIN is providing substantial traffic support worth billions, targeting regions including Europe, the Middle East, and East Asia [6].