英国国家统计局公共部门财政副局长Rob Doody：上个月，公共部门的借款比去年同期增加了7亿英 镑，自月度记录开始以来，只有2020年5月更高。虽然收入增加，部分原因是所得税收入和国民保险缴 款增加，但支出增加更多，因受到运营成本增加和与通胀相关的许多福利上调的影响。 ...

证券代码：603738 证券简称：泰晶科技 公告编号：2025-028 泰晶科技股份有限公司 关于全资子公司之间吸收合并的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 吸收合并情况概述 泰晶科技股份有限公司（以下简称"公司"）于 2025 年 6 月 5 日召开第五届 董事会第八次会议，审议通过了《关于全资子公司之间吸收合并的议案》，为优 化资源配置、降低运营成本、提高公司管理效率，同意公司全资子公司重庆市晶 芯频控电子科技有限公司（以下简称"重庆晶芯"）吸收合并公司全资子公司重 庆泰庆电子科技有限公司（以下简称"重庆泰庆"）。吸收合并完成后，重庆晶芯 作为吸收合并方存续经营，重庆泰庆作为被合并方将依法注销，重庆泰庆的债权 债务均由重庆晶芯承继。 本次吸收合并事项不构成关联交易，也不构成《上市公司重大资产重组管理 办法》规定的重大资产重组，在公司董事会审批权限范围内，无须提交公司股东 大会审议。 二、 吸收合并双方基本情况 （一）合并方基本情况 公司名称：重庆市晶芯频控电子科技有限公司 类型：有限责任公司（自然人 ...

泰晶科技股份有限公司（以下简称"公司"）第五届董事会第八次会议于 会议通知及材料已于 2025 年 5 月 30 日以邮件方式送达全体董事、监事和高级管 理人员。本次会议由董事长喻信东先生主持，应到会董事 7 名，实到 7 名，公司 监事会成员和高级管理人员列席了本次会议。本次董事会会议的召集、召开及表 决程序符合《公司法》和《公司章程》等相关规定。 二、董事会会议审议情况 （一）审议通过《关于全资子公司之间吸收合并的议案》 证券代码：603738 证券简称：泰晶科技 公告编号：2025-027 泰晶科技股份有限公司 第五届董事会第八次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 为更好地优化资源配置、降低运营成本、提高公司管理效率，同意公司全资 子公司重庆市晶芯频控电子科技有限公司（以下简称"重庆晶芯"）吸收合并公 司全资子公司重庆泰庆电子科技有限公司（以下简称"重庆泰庆"），吸收合并完 成后，重庆晶芯作为吸收合并方存续经营，重庆泰庆作为被合并方将依法注销， 重庆泰庆的债权债务均由重庆 ...

以下文章来源于图数室 ，作者图数室 重庆轨道交通告别2元时代 重庆轻轨现阶段的票价收费标准还是在2005年制定的，这是重庆轻轨20年来的首次涨价。 图数室 . 新浪新闻出品《图数室》栏目。 关注我们，用数据读懂热点。 本文来自微信公众号： 图数室 ，作者：图数室，题图来自：视觉中国 近日，重庆发布轨道交通调价听证会公告，拟终结持续近20年的"2元时代"，引发公众对地铁涨价潮 的热议。此次调价方案分为两种：缩短起步里程或提高起步价，市民月均出行成本或增加超24元。 此次票价调整一共有两种方案，一是缩短起步里程，以前2元钱可以坐6公里轨道，现在只能坐4公里 了；二是提高起步价，0～8公里 （包含） 的范围，票价均为3元。目前重庆城市轨道交通线网最长 单程计费里程为88公里，方案一及方案二对应的票价均为11元。 数据显示，重庆地铁2023年运营成本超111亿元，营收仅30多亿，依赖政府补贴勉强扭亏。不仅是重 庆，全国多地地铁普遍陷入"客流不均、入不敷出"的困境，2024年仅12家地铁公司净利润超1亿元， 超半数城市客运强度未达国标。 如果按普通市民每月22个工作日、出行44次计算，两套方案人均月支出将分别增加24. ...

以下文章来源于图数室 ，作者图数室 图数室 . 新浪新闻出品《图数室》栏目。 关注我们，用数据读懂热点。 地铁涨价潮要来了吗？ 文 ｜ 图数室 编辑 ｜ 图数室 来源｜ 图数室（ID：sina-tushushi） 封面来源 ｜ Pexels 近日， 重庆发布轨道交通调价听证会公告，拟终结持续近20年的"2元时代" ，引发公众对地铁涨价潮的热议。此次调价方案分为两种：缩短起步里程或提高 起步价， 市民月均出行成本或增加超24元。 数据显示，重庆地铁2023年运营成本超111亿元，营收仅30多亿，依赖政府补贴勉强扭亏。不仅是重庆， 全国多地地铁普遍陷入"客流不均、入不敷出"的困 境，2024年仅12家地铁公司净利润超1亿元，超半数城市客运强度未达国标。 票价调整背后，折射出地铁运营成本高企与财政补贴收紧的双重压力，如何平衡民生与可持续性，成为城市交通发展的关键课题。 重庆轨道交通告别2元时代 重庆轻轨现阶段的票价收费标准还是在2005年制定的，这是重庆轻轨20年来的首次涨价。 如果按普通市民每月22个工作日、出行44次计算，两套方案 人均月支出将分别增加24.20元、25.52元。 重庆轻轨要涨价了 器 新浪新闻 ...

Core Viewpoint - The proposed fare adjustment in Chongqing marks the end of the "2 yuan era" for metro services, reflecting the financial pressures faced by urban transit systems across China due to high operational costs and reduced government subsidies [1][3][4]. Group 1: Fare Adjustment Details - Chongqing's fare adjustment includes two options: shortening the initial travel distance from 6 kilometers to 4 kilometers for the same fare of 2 yuan, or increasing the starting fare to 3 yuan for distances up to 8 kilometers [5][6]. - The average monthly travel cost for citizens is expected to increase by over 24 yuan under the new fare structure [6]. Group 2: Financial Performance of Chongqing Metro - In 2023, Chongqing's metro system reported operational costs exceeding 111 billion yuan, with revenues of only around 30 billion yuan, necessitating government subsidies to avoid losses [2][9]. - The projected revenue for 2024 is 29.35 billion yuan against operational costs of 72.73 billion yuan, resulting in a net profit of only 11 million yuan [9]. Group 3: Challenges in Metro Operations - The rapid expansion of Chongqing's metro network has led to uneven passenger distribution, with some lines experiencing high traffic while others remain underutilized, impacting overall profitability [12][16]. - The structural imbalance in passenger flow has created a cycle of increasing costs and persistent losses, as new lines are built without sufficient ridership to support them [17]. Group 4: Broader Industry Context - Many cities across China face similar challenges, with only 12 metro companies projected to achieve net profits exceeding 100 million yuan in 2024, while others report losses [22][23]. - The reliance on government subsidies is widespread, with 28 cities receiving financial support, highlighting the unsustainable nature of current metro operations without adequate fare revenue [27][28].

水、电、燃气等公共产品的大幅涨价，过去几年已几乎成为一种普遍趋势。并且，仍在进行之中。 如6月1日起，广州中心城区水价就将执行新的上调后的标准。 现在，这股涨价潮，又在向新的领域挺进——地铁。 上个月，昆明宣布开始正式执行新的地铁线网票价调整方案。 最近，重庆又发布了《关于召开完善我市城市轨道交通票价机制听证会的公告》，并同步公开了将进行听证的两套方案，征集公众意见。 这被外界认为，已正式运营20来年的重庆轨道交通，或即将告别"2元时代"。 公共服务涨价之风，终于吹向了轨道交通？ 01 重庆的听证公告在谈及价格调整的背景及主要原因时明确提到： 新公布的两套方案，第一套起步价调整为0-4公里内2元，第二套起步价则是0-8公里内3元，最远里程票价则均由现有的7元升至11元。 | 車程票价 (元/人次) | 醒程区间 (公里) | | 東梧景价 (元/人次) | 里程区间 (公里) | | --- | --- | --- | --- | --- | | 2元 | 0-4 | (含) | 3元 | 4-8 (含) | | 4元 | 8-12 (含) | | 5元 | 12-17 (含) | | 6元 | 17-23 ...

CVD Equipment (CVV) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Speaker0 Greetings and thank you for standing by and welcome to the CVD Equipment Corporation's First Quarter twenty twenty five Earnings Call. As a reminder, this conference is being recorded. We will begin with some prepared remarks followed by a question and answer session. Presenting on the call today will be Emmanuel Lakios, President and CEO and member of the CVD Board of Directors and Richard Catalano, Executive Vice President and Chi ...

Financial Data and Key Metrics Changes - Consolidated net revenues for Q1 2025 totaled $627 million, an 8% increase year over year but a 15% decrease compared to Q4 2024, primarily due to lower smelting sales volumes and decreased zinc and lead prices [21][22] - Adjusted EBITDA for Q1 2025 reached $125 million, representing a 3% decrease year over year and a 36% decrease compared to Q4 2024, driven by lower sales volumes and higher costs [22][23] - Adjusted EBITDA margin was 20%, down 2 percentage points from the same period last year [23] Business Line Data and Key Metrics Changes - Zinc production in Q1 2025 was 67,000 tons, down 23% year over year and 8% quarter over quarter, impacted by operational challenges and heavy rainfall [10] - Smelting segment sales reached 130,000 tons, a decrease of 6% year over year and 14% quarter over quarter, primarily due to lower production at certain facilities [11][12] - Cash costs for mining dropped to $0.11 per pound from $0.26 per pound year over year, while smelting cash costs increased to $1.17 per pound from $0.98 per pound in the same period last year [10][12] Market Data and Key Metrics Changes - The average LME zinc price in Q1 2025 was $2,838 per ton, reflecting a 16% increase year over year but a 7% decrease quarter over quarter [30] - The average LME copper price was $9,340 per ton, up 11% year over year and 2% quarter over quarter [32] - The average LME silver price was $32 per ounce, up 37% year over year and 2% quarter over quarter [33] Company Strategy and Development Direction - The company is focused on improving margins through disciplined operational performance and cost control, while navigating a challenging macro environment [7] - The Cerro Del Pasco integration project is progressing well, aimed at extending operational capacity and sustainability [17][18] - The company is committed to enhancing the life of its assets, particularly through exploration and development activities at Aripuana and Cerro Lindo [35][36] Management Comments on Operating Environment and Future Outlook - Management acknowledged the current macro environment's volatility, including concerns over global economic slowdown and supply chain disruptions, but remains optimistic about medium to long-term fundamentals for key metals [6][7] - The company expects to normalize production variations over the coming quarters and is taking measures to recover production levels impacted by heavy rainfall [48] - Management emphasized a disciplined approach to financial and operational strategies, prioritizing cash generation and smart capital allocation [37][38] Other Important Information - The company invested $50 million in CapEx during Q1 2025, primarily for sustaining activities, with a total CapEx guidance for 2025 remaining at $347 million [24] - The liquidity position at the end of Q1 2025 was approximately $721 million, with a net debt to adjusted EBITDA ratio increasing to 2.1 times [27][28] Q&A Session Summary Question: Can you provide more details on geotechnical issues at Vasante and production levels at Cerro Lindo? - Management explained that geotechnical issues at Vasante were due to a collapse in a supporting pillar, affecting high-grade mineral extraction, but they expect to recover production throughout the year [44][45] - Heavy rainfall impacted production at Cerro Lindo, but management projected recovery in production levels as weather conditions improve [46] Question: What are your views on the impact of recent trends on TCRCs? - Management noted that while they have fixed contracts for the year, the recent TCRCs at $80 could impact smelter profitability, but they expect zinc prices to rise in response to market conditions [50][55] Question: How do you see leverage evolving in the next quarters? - Management indicated that they expect leverage to decrease throughout the year, aiming to return to levels similar to the end of 2024 [59] Question: Will you fully reverse the negative working capital by the end of the year? - Management stated that they typically expect working capital to be flat annually and highlighted a one-off tax payment that impacted Q1 working capital [64][66] Question: How is the company managing tariff risks? - Management confirmed that they are not currently exposed to tariffs on zinc and are monitoring the situation closely, emphasizing that demand for zinc in the U.S. remains stable [76][78]

来源：红星资本局 农夫山泉大跌！钟睒睒：遭受了历史性的考验 红星资本局3月26日消息，今日，农夫山泉（09633.HK）股价开盘跳水，盘中跌超11%，随 后跌幅有所放缓。截至发稿，农夫山泉跌7.211%，报34.1港元/股，总市值3835亿元。 截图自东方财富网 消息面上，3月25日晚间，农夫山泉公布2024财年业绩显示，公司营收、净利润均同比微 增，不足1%。其中，此前贡献最大的包装饮用水产品板块，营收同比下滑21.3%，占总营收 的比例下滑至37.2%。茶饮料产品取而代之，以39%的营收占比成为农夫山泉的第一大业务 板块。 去年4月，农夫山泉推出绿瓶纯净水新品，部分渠道价格低至0.66元/瓶，搅动市场。怡宝、 娃哈哈等头部品牌饮用纯净水亦出现降价，单瓶价格降至1元上下，瓶装饮用水价格战打 响。据怡宝母公司华润饮料（02460.HK）2024年业绩报告，其小规格瓶装水产品营收由 2023年的77.16亿元下滑至2024年的70.28亿元，同比下滑8.9%。 包装饮用水收入下滑两成 茶饮料产品成第一大业务板块 3月25日晚间，农夫山泉公布2024财年业绩。财报显示，公司去年营收428.96亿元，同比增 长0. ...