新京报贝壳财经讯2月26日，安杰思发布业绩快报，2025年度公司实现营业总收入5.97亿元，同比下降 6.19%；归母净利润2.23亿元，同比下降24.06%。报告期内，公司所处的医疗器械行业因受到国内医保 集中带量采购和海外关税政策等行业因素的影响，公司主营业务所处的内镜微创诊疗领域受到行业竞争 加具的影响，致使公司2025年全年业绩阶段性承压。 ...

Core Viewpoint - The company, Keli Equipment (301552), is actively managing the impact of U.S. tariffs on its exports and is working towards local production in the U.S. by the end of 2025 [2]. Group 1: Stock Performance - As of October 13, 2025, Keli Equipment's stock closed at 38.98 yuan, down 2.91%, with a turnover rate of 6.02%, a trading volume of 14,300 shares, and a transaction value of 55.36 million yuan [1]. Group 2: Company Response to Tariffs - The company indicated that most of its products exported to the U.S. are traded under EXW terms, meaning that the tariffs are borne by the customers [2]. - The U.S. subsidiary has already procured production equipment and is actively promoting local production, with expectations to be operational by the end of 2025, subject to actual developments [2]. - The company will closely monitor changes in overseas tariff policies and continuously optimize its global market layout to mitigate potential risks from tariff policies [2]. Group 3: Market Sentiment - On October 13, the net outflow of main funds was 6.63 million yuan, indicating a cautious attitude from major investors [3]. - Retail investors showed a net inflow of 2.85 million yuan, while speculative funds had a net inflow of 3.78 million yuan [3].

Core Viewpoint - The company is actively engaging in the U.S. market, with plans for local production by the end of 2025, while monitoring tariff policies closely [1] Group 1: Revenue and Sales - The company indicated that most of its products exported to the U.S. are sold under EXW terms, with tariffs borne by customers [1] - The company is currently assessing the proportion of its revenue derived from direct or indirect sales to the U.S. [1] Group 2: Production and Localization - The U.S. subsidiary has already procured production equipment and is working towards establishing local manufacturing capabilities [1] - The company expects to have production conditions in place by the end of 2025, subject to actual developments [1] Group 3: Market Strategy - The company is committed to optimizing its global market layout in response to dynamic changes in overseas tariff policies [1] - The company aims to proactively address potential risks associated with tariff policies [1]

Group 1 - Stainless steel futures prices experienced a peak and subsequent decline, reaching a high of 13,280 CNY/ton before closing at 13,010 CNY/ton, a decrease of 270 CNY/ton or 2.03% [1] - Nickel prices also saw a similar trend, closing at 120,600 CNY/ton, down 2,510 CNY/ton or 2.04% from the peak [1] Group 2 - The 304 market prices initially rose and then fell, with the mainstream price for cold-rolled 304 in Wuxi reported at 12,800 CNY/ton, an increase of 100 CNY/ton from the previous week [3] - Hot-rolled prices for 304 reached 12,550 CNY/ton, up 50 CNY/ton from the previous week [3] - Steel mills raised their quotes at the beginning of the week, leading to a strong willingness among agents to maintain high prices due to low inventory and strong demand [3] - The supply of materials significantly decreased during the week, with notable declines from major suppliers, alleviating supply pressure [3] Group 3 - Overall market prices are fluctuating, influenced by policy changes and downstream demand for low-priced goods [4] - Steel mills are reducing production, which has eased supply pressure and improved the supply-demand balance [4] - The trillion-dollar infrastructure investment is boosting sentiment across related industries, while ongoing policy changes and international tariff issues are intensifying market volatility [4] - Short-term price movements for 304 cold and hot-rolled products are expected to follow market fluctuations, with a focus on transaction volumes and inventory levels [4]

Core Viewpoint - The Reserve Bank of New Zealand indicates that overseas tariff policies and uncertainties will slow down economic recovery [1] Group 1 - The impact of international tariff policies is expected to hinder economic growth in New Zealand [1] - Uncertainties in global trade are contributing to a cautious outlook for the economy [1] - The central bank's assessment highlights the importance of external factors in shaping domestic economic conditions [1]