中央城市工作会议提出，我国城镇化正从快速增长期转向稳定发展期，城市发展正从大规模增量扩张阶 段转向存量提质增效为主的阶段。 未来，城市发展将会提供怎样的产业机遇？在城市规划行业深耕数十载，蕾奥规划已先行探路。近日， 上海证券报记者走进蕾奥规划，公司董事长王富海给出了自己的判断——以"城市运营"为核心的阶段正 加速到来。 打造"三位一体"体系 王富海认为，城市的高质量发展，应体现在降本增效和可持续运营上。"城市运营"比"城市更新""智慧 城市"等概念更贴切于存量提质，是城市发展新阶段所需要的新质生产力。城市发展的主题将从"如何建 好一个戏台"，转向"如何让戏台从早到晚都有好戏连台"，让存量资产通过精细化、智能化的运营，持 续产生经济、社会和环境效益。 为适应城市发展从"增量建设"向"存量运营"转型的新趋势，蕾奥规划在几年前已启动战略转型，从过去 以规划设计为主，转为规划设计、城市运营、智慧城市三位一体的服务体系。 在城市运营领域，公司以智慧和运营为核心，聚焦地方政府、平台公司及各类项目在城市更新中的实际 需求，提供系统化的综合解决方案。 在智慧城乡领域，公司一方面致力于提供各类数字化产品软硬件一体化解决方案，另 ...

11月12日，蜂助手盘中下跌2.03%，截至10:57，报34.33元/股，成交1.28亿元，换手率2.09%，总市值 98.04亿元。 蜂助手所属申万行业为：通信-通信服务-通信应用增值服务。所属概念板块包括：字节跳动概念、华为 鸿蒙、数据要素、数字经济、智慧停车等。 截至9月30日，蜂助手股东户数3.15万，较上期减少9.61%；人均流通股5615股，较上期增加43.30%。 2025年1月-9月，蜂助手实现营业收入15.51亿元，同比增长41.64%；归母净利润1.34亿元，同比增长 46.65%。 分红方面，蜂助手A股上市后累计派现4891.91万元。 机构持仓方面，截止2025年9月30日，蜂助手十大流通股东中，信澳优势行业混合A（024473）位居第 二大流通股东，持股404.69万股，为新进股东。香港中央结算有限公司位居第五大流通股东，持股 247.63万股，相比上期增加160.40万股。信澳景气优选混合A（013721）位居第七大流通股东，持股 153.91万股，为新进股东。 责任编辑：小浪快报 资金流向方面，主力资金净流出966.45万元，特大单买入440.96万元，占比3.44%，卖出85 ...

Core Viewpoint - Keta Co., Ltd., China's second-largest smart parking space operator, has submitted its fourth listing application to the Hong Kong Stock Exchange after previous attempts in 2017, 2021, and a failed submission in April 2025 [1][2]. Company Overview - Founded in 2006, Keta ranks second in China's smart parking space industry with a market share of 3.3% based on 2024 revenue [2]. - As of June 30, 2025, Keta operates 19,341 parking lots, serving a total of over 68,000 parking projects globally, with a cumulative service of over 300 million vehicles [2][3]. - The company achieved a daily average of 2.1 million temporary parking orders in 2024, generating an annual transaction volume exceeding 7.5 billion yuan [2]. Financial Performance - Keta's revenue for 2024 was nearly 800 million yuan, with a gross margin of approximately 46% and a net margin of 11% [2]. - Revenue figures for 2022, 2023, and 2024 were 649 million yuan, 738 million yuan, and 800 million yuan, respectively, with gross margins of about 43.07%, 46.44%, and 45.89% [4]. - Despite revenue growth, net profit has shown a decline, with 2024 net profit at 86.7 million yuan, slightly lower than 87 million yuan in 2023 [4]. Competitive Advantage - Keta's core competitiveness stems from its early technological advancements, including the introduction of a video-based cardless payment system in 2012 and a partnership with Tencent in 2014 to launch a mobile internet application for parking [3]. - The smart parking system contributes over 60% of the company's revenue, encompassing technologies such as license plate recognition and seamless payment solutions [4]. Management Team - The company is led by co-founders Sun Longxi and Huang Jinlian, who hold significant stakes and have diverse backgrounds in technology and business management [5][6]. Capital Support - Keta has received backing from notable investors, including Tencent, which has invested 130 million yuan since 2018, and Hongtai Aplus, co-founded by Yu Minhong [7]. - The IPO proceeds will primarily focus on technology development, market expansion, and enhancing the service network [8][9]. Market Expansion Plans - Keta aims to increase its market share in southeastern coastal regions such as Fujian, Guangdong, Zhejiang, and Jiangsu [8]. - The company has successfully localized its license plate recognition and electronic payment systems in several overseas markets, indicating a feasible plan for global expansion [9].

两度折戟A股 港交所二度递表待破局 科拓股份成立于2006年，相关行业报告显示，按2024年收益计算，科拓股份在中国智慧停车空间运营行业排名第二，市场份额为3.3%。 科拓股份的行业标杆地位由扎实的运营数据支撑。最新招股书披露，截至2025年6月30日，公司停车场运营所服务的停车场数目达19341个，于2024年末至 今年中期的6个月，公司的承包运营模式已分别服务112个停车场的66480个车位及121个停车场的74659个车位。 此前的上市申请材料显示，科拓股份已累计服务超68000个停车场项目，服务车辆累计突破3亿辆，业务覆盖全球60个国家和地区。2024年日均临时停车订 单210万笔，年交易额超75亿元。作为中国第二大智慧停车空间运营商，其2024年实现营收近8亿元，毛利率近46%，净利率达11%，在国内智慧停车渗透 率不足20%的市场中占据重要份额。 每经记者｜曾子建 每经编辑｜程鹏 张益铭 2025年10月31日，中国第二大智慧停车空间运营商科拓股份再度向港交所递交上市申请。 这是其继2017年、2021年两度冲击深交所创业板失利，以及2025年4月港交所递表失效后的第四次上市尝试。 科拓股份的核心 ...

蜂助手所属申万行业为：通信-通信服务-通信应用增值服务。所属概念板块包括：字节跳动概念、华为 鸿蒙、数据要素、数字经济、智慧停车等。 截至9月30日，蜂助手股东户数3.15万，较上期减少9.61%；人均流通股5615股，较上期增加43.30%。 2025年1月-9月，蜂助手实现营业收入15.51亿元，同比增长41.64%；归母净利润1.34亿元，同比增长 46.65%。 分红方面，蜂助手A股上市后累计派现4891.91万元。 11月7日，蜂助手盘中下跌2.07%，截至10:09，报35.47元/股，成交8773.16万元，换手率1.39%，总市值 101.30亿元。 资金流向方面，主力资金净流出1157.87万元，特大单买入266.72万元，占比3.04%，卖出603.61万元， 占比6.88%；大单买入1101.65万元，占比12.56%，卖出1922.64万元，占比21.92%。 蜂助手今年以来股价涨74.14%，近5个交易日涨1.69%，近20日涨0.77%，近60日跌0.98%。 今年以来蜂助手已经2次登上龙虎榜，最近一次登上龙虎榜为2月25日，当日龙虎榜净买入-2.16亿元； 买入总计2.77亿元 ...

Core Viewpoint - The stock of Bee Assistant has experienced fluctuations, with a year-to-date increase of 80.67% and a recent decline of 2.02% on November 4, 2023, indicating volatility in market performance [1]. Company Overview - Bee Assistant Co., Ltd. was established on January 13, 2012, and went public on May 17, 2023. The company specializes in providing digital virtual product aggregation, operation, and distribution services for mobile internet-related scenarios, as well as comprehensive solutions for IoT applications [2]. - The main revenue source for the company is digital product aggregation, accounting for 99.87% of total revenue, with other services contributing 0.13% [2]. Financial Performance - For the period from January to September 2025, Bee Assistant reported a revenue of 1.551 billion yuan, representing a year-on-year growth of 41.64%. The net profit attributable to shareholders was 134 million yuan, reflecting a growth of 46.65% [2]. - Since its A-share listing, the company has distributed a total of 48.919 million yuan in dividends [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Bee Assistant was 31,500, a decrease of 9.61% from the previous period. The average number of circulating shares per person increased by 43.30% to 5,615 shares [2]. - Notable institutional shareholders include Xin'ao Advantage Industry Mixed Fund, which is the second-largest shareholder with 4.0469 million shares, and Hong Kong Central Clearing Limited, which increased its holdings by 1.604 million shares [3].

Core Insights - The emergence of smart parking systems is transforming parking management and addressing the challenges of urban parking difficulties [1][8] Group 1: Benefits of Smart Parking Systems - For drivers, real-time parking space monitoring helps quickly locate available spots and reduces congestion, while electronic payment options (such as WeChat and Alipay) eliminate the need for change and expedite exit [3] - Smart parking systems provide dual convenience for both drivers and parking lot managers, effectively alleviating urban parking burdens [8] - As technology continues to evolve, smart parking systems are expected to become more sophisticated, enhancing travel convenience for the public and contributing to urban traffic management [8]

Core Viewpoint - Langxin Group's stock price has shown a significant increase of 53.31% year-to-date, despite recent declines in the short term [1][2]. Financial Performance - For the first half of 2025, Langxin Group reported revenue of 1.542 billion yuan, a year-on-year decrease of 0.39%, and a net profit attributable to shareholders of 28.638 million yuan, down 23.02% year-on-year [2]. - The company has distributed a total of 1.028 billion yuan in dividends since its A-share listing, with 655 million yuan distributed over the past three years [3]. Stock Market Activity - As of October 28, Langxin Group's stock price was 18.32 yuan per share, with a market capitalization of 19.79 billion yuan [1]. - The stock has seen a net inflow of 2.6945 million yuan from main funds, with large orders accounting for 14.07% of total buying [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 52.5371 million yuan on June 16 [1]. Shareholder Information - As of October 20, the number of shareholders increased to 35,300, with an average of 29,283 circulating shares per person, a decrease of 1.89% [2]. - The tenth largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 2.408 million shares to 19.9678 million shares as of June 30, 2025 [3]. Business Overview - Langxin Group, established on May 7, 2003, and listed on August 1, 2017, operates in the public utility sector, focusing on information technology systems and services [1]. - The company's main revenue sources are platform operations (60.91%), software services (35.11%), and other businesses (3.98%) [1].

Core Viewpoint - Jinli Technology's stock has shown mixed performance in recent trading sessions, with a year-to-date increase of 6.79% but a recent 20-day decline of 10.08% [1] Group 1: Stock Performance - On October 27, Jinli Technology's stock rose by 2.06%, reaching 28.20 CNY per share, with a trading volume of 86.31 million CNY and a turnover rate of 1.95% [1] - The company's market capitalization stands at 5.063 billion CNY [1] - Year-to-date, the stock has increased by 6.79%, with a 3.15% rise over the last five trading days, a 10.08% decline over the last 20 days, and a 17.01% increase over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Jinli Technology reported a revenue of 203 million CNY, a year-on-year decrease of 11.01%, and a net profit attributable to shareholders of -11.82 million CNY, a decline of 175.92% [2] - The company has distributed a total of 583 million CNY in dividends since its A-share listing, with 62.49 million CNY distributed in the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Jinli Technology is 34,900, a decrease of 4.39% from the previous period, with an average of 4,515 circulating shares per shareholder, an increase of 3.58% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest with 811,600 shares, while Huashang Advantage Industry Mixed A is the eighth largest with 788,300 shares, both being new shareholders [3]

Core Viewpoint - The stock of Luopute has experienced a decline of 2.02% on October 22, 2023, with a current price of 15.49 CNY per share, despite a year-to-date increase of 77.03% [1] Group 1: Stock Performance - As of October 22, 2023, Luopute's stock price is 15.49 CNY, with a trading volume of 22.18 million CNY and a turnover rate of 0.76%, resulting in a total market capitalization of 2.87 billion CNY [1] - Year-to-date, Luopute's stock has risen by 77.03%, but it has seen a decline of 6.63% over the last five trading days and a slight decrease of 0.83% over the last 20 days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on June 12, 2023, where it recorded a net purchase of 8.19 million CNY [1] Group 2: Financial Performance - For the first half of 2025, Luopute achieved operating revenue of 71.22 million CNY, representing a year-on-year growth of 81.38%, while the net profit attributable to shareholders was -47.37 million CNY, showing a year-on-year increase of 4.12% [2] - Cumulative cash distribution since the A-share listing amounts to 24.80 million CNY, with no cash distribution in the last three years [3] Group 3: Company Overview - Luopute Technology Group Co., Ltd. is located in Xiamen, Fujian Province, and was established on March 17, 2006, with its listing date on February 23, 2021 [1] - The company's main business includes the design and implementation of social security system solutions, development and sales of security video surveillance products, and maintenance and other services, with revenue composition being 65.68% from social security solutions, 31.49% from maintenance services, and 2.83% from surveillance product sales [1]