在张存智的指导下，废弃的葡萄皮渣与酒泥华丽转身，仅志辉源石酒庄一家酒庄便利用混合发酵，生产 出500余吨生物菌肥。这些菌肥不仅有效改善了土壤PH值和板结问题，更直接为酒庄带来经济效益30万 元。科技特派员的"点金之手"，让葡萄酒产业从"单一酿造"迈向"多元增值"，走出一条"吃干榨净"的循 环经济之路。 不仅如此，一场由科技深度参与的产业变革正悄然重塑着西夏区葡萄酒产业的筋骨与风貌，科技特派员 用先进的理念及技术，为传统葡萄酒产业注入新动能。 "以前浇水施肥全凭经验，如今像给孩子配营养餐。"在银川宝实葡萄酒庄300亩示范基地里，农户李师 傅指着滴灌管道说道。 作为法人科技特派员，宝实酒庄依托"酿酒葡萄高效水肥管理技术引进与示范推广"项目，化身产业"智 慧园丁"。面对贺兰山东麓砾石土壤保水难的痼疾，酒庄引进宁夏大学科技成果，创新构建"厂字形"整 形与水肥一体化滴灌系统，实现马瑟兰、赤霞珠等酿酒葡萄品种水肥使用量减少25%。 中新网银川6月24日电(记者李佩珊)这几天，在位于宁夏银川市西夏区的志辉源石酒庄的发酵车间内， 一袋袋深褐色生物菌肥整齐码放，据科技特派员张存智介绍，这些"宝贝"都来自酿酒后被当作废料的葡 萄 ...

《意见》指出，要夯实宏观经济金融基础，支持居民就业增收，优化保险保障，积极培育消费需求。强 化结构性货币政策工具激励，加大对服务消费重点领域信贷支持，发展债券、股权等多元化融资渠道。 在支持增强消费能力，培育消费需求方面，《意见》提出，夯实宏观经济基础，稳定消费预期。加大实 体经济支持力度，强化金融与财政、产业等政策协同联动。实施好货币政策，加强逆周期和跨周期调 节，综合运用准备金、再贷款再贴现、公开市场操作等多种货币政策工具，保持流动性充裕，持续推动 社会综合融资成本下降。实施好财政政策，更好发挥消费在畅通国民经济循环、拉动经济增长中的积极 作用。健全投资和融资相协调的资本市场功能，推动中长期资金入市，促进资本市场稳定发展。 为贯彻落实党中央、国务院决策部署，完善扩大消费长效机制，更好满足消费领域金融服务需求，近 日，中国人民银行、国家发展改革委、财政部、商务部、金融监管总局、中国证监会等6部门联合印发 《关于金融支持提振和扩大消费的指导意见》（下称《意见》）。 《意见》以习近平新时代中国特色社会主义思想为指导，深入践行金融工作的政治性、人民性，引导金 融机构从消费供给和需求两端强化金融服务，满足各类主体多 ...

NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Hims & Hers Health, Inc. (“Hims & Hers” or the “Company”) (NYSE: HIMS). The investigation concerns whether Hims & Hers and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On April 29, 2025, Hims & Hers and Novo Nordisk announced a “long-term collaboration” through which Hims & H ...

在有关美联储货币政策举行的"专场"国会听证会首日，美联储主席鲍威尔并未置评7月下次联储会议降 息的可能性，重申需要看到更多数据判断高关税会怎样影响通胀，指出因为预期关税会推升通胀，所以 联储至今暂停降息，不过，他不排除关税对通胀的影响可能没有预期大，不排除提前降息的可能。 美东时间6月24日周二，在众议院金融服务委员会听证会的问答环节，有议员问到上周五美联储理事沃 勒提及7月降息的可能性，鲍威尔称，"很多道路都有可能"。他表示，可能会看到通胀不如预料的那样 强劲，通胀下行和劳动力市场疲软可能意味着美联储提前降息。 鲍威尔后称，数据表明，至少某些行业的关税将冲击到美国消费者。他说，在6月和7月数据中，"我们 认为我们应该开始看到"关税对通胀的影响。"如果没有，我们将从中吸取教训。" 鲍威尔表示，美联储对"关税造成（通胀）影响程度将更低"这种看法持"完全开放的"态度。如果关税对 消费者价格的影响低于联储的预期，那将对联储的货币政策产生实质性影响。 此后，鲍威尔重申，他预计关税将在6月、7月和8月期间对价格产生显著影响。如果没有看到影响，那 会带来教训。"我们只有亲眼看到才能知道，但我认为我们会边走边学。" 鲍威尔 ...

Core Insights - Cue Biopharma, Inc. has received positive Pre-IND feedback from the FDA regarding its lead autoimmune asset, CUE-401, a first-in-class bispecific molecule designed to induce and expand regulatory T cells (Tregs) in vivo [1][2] - CUE-401 utilizes the combined activities of transforming growth factor beta (TGF-β) and a modified variant of interleukin 2 (IL-2) to potentially provide durable immune rebalance and tolerance for various autoimmune diseases [2][4] Company Overview - Cue Biopharma is a clinical-stage biopharmaceutical company focused on developing a novel class of therapeutic biologics that selectively engage and modulate disease-specific T cells for autoimmune disease treatment [1][8] - The company’s proprietary platform, Immuno-STAT™, aims to harness the body's intrinsic immune system without the adverse effects of broad systemic immune modulation [8] Product Details - CUE-401 is engineered to enhance the Treg induction capacity of TGF-β combined with IL-2 signaling, which is believed to improve the quality and stability of Tregs [5][6] - The design of CUE-401 allows for "conditional binding," which minimizes off-target activity and simplifies manufacturing processes [6] Mechanism of Action - CUE-401 acts as a master switch to convert autoreactive effector T cells into stable, induced T-regulatory cells (iTregs), establishing a 'tolerance positive feedback loop' that increases nonspecific Treg populations while reducing autoreactive T cells [7]

截至6月24日，首批获批的26只新型浮动费率基金中，13只产品已率先成立，合计募集规模超126亿元。 其中，东方红核心价值、易方达成长进取、平安价值优享的募集规模均在10亿元以上。 5月7日，证监会发布《推动公募基金高质量发展行动方案》，对新设立的主动管理权益类基金大力推行 基于业绩比较基准的浮动管理费收取模式。此后，首批26只新型浮动费率基金陆续获批发行。 国泰海通资产配置部表示，本次新一批浮动费率基金采用一致的分档计提规则，实施"奖优罚劣"机制 ——当基金年化收益率跑输基准3个百分点以上时，管理费减半至0.6%；当超额收益达6个百分点以上 时，管理费上浮至1.5%；其他情况维持1.2%基准费率。这种设计既能约束基金管理人的业绩表现，又 可通过费率浮动实现投资者与机构的风险共担。 在业绩基准的设定上，国泰海通资产配置部表示，部分产品侧重成长风格、权益占比较高，另一部分产 品则侧重大盘价值、均衡风格，但共性在于以A股为主、港股为辅，并通过宽基化提升组合分散性。 业内机构表示，上述浮动费率基金采用一致的分档计提规则，实施"奖优罚劣"机制，既能约束基金管理 人的业绩表现，又可通过费率浮动实现投资者与机构的风险共担 ...

Financial Performance - Net sales for Q4 fiscal 2025 were $317.9 million, a slight decrease of 0.3% compared to $318.8 million in Q4 fiscal 2024[4] - Net earnings from continuing operations increased 111% to $3.6 million, while adjusted EBITDA from continuing operations grew 35% to $85.1 million[4] - Adjusted EPS from continuing operations (diluted) increased from $0.74 to $1.06 per share[4] - Operating cash flow increased 38% to $62.4 million, and free cash flow rose 46% to $49.3 million[4] - Net earnings for the three months ended May 31, 2025, were $3,614,000, a significant improvement from a net loss of $32,049,000 in the same period of 2024[28] - The company reported a GAAP net earnings of $96,053,000 for the twelve months ended May 31, 2025, compared to $35,243,000 for the same period in 2024[38] - The adjusted EBITDA for the twelve months ended May 31, 2025, was $263,489,000, compared to $250,999,000 for the same period in 2024, indicating a positive trend in operational performance[36] Cash Flow and Dividends - The company ended the quarter with cash of $250.1 million, an increase of $5.9 million from the previous year[10] - Cash and cash equivalents increased to $250,075 thousand as of May 31, 2025, compared to $244,225 thousand in 2024, showing a growth of 2.9%[26] - The company declared cash dividends of $0.17 per share for the three months ended May 31, 2025, compared to $0.16 per share in the same period of 2024[24] - The company paid dividends totaling $33,903,000 for the twelve months ended May 31, 2025, compared to $56,819,000 in the previous year, reflecting a reduction in dividend payments[28] Segment Performance - Building Products segment net sales increased by $38.8 million, or 25.2%, to $192.3 million, driven by higher volumes and contributions from the Ragasco acquisition[13] - The Consumer Products segment reported net sales of $125,568,000 for the three months ended May 31, 2025, slightly up from $125,336,000 in the same period of 2024[31] - The Building Products segment achieved net sales of $192,316,000 for the three months ended May 31, 2025, compared to $153,551,000 in the same period of 2024, marking an increase of 25.2%[31] Impairment and Losses - The impairment of goodwill and long-lived assets for the three months ended May 31, 2025, was $50,813 thousand, up from $32,975 thousand in 2024[24] - The company incurred impairment charges of $50,813,000 for long-lived assets in the three months ended May 31, 2025, compared to $32,975,000 in the same period of 2024[34] Operational Metrics - Total assets rose to $1,695,152 thousand as of May 31, 2025, up from $1,638,637 thousand in 2024, indicating an increase of 3.4%[26] - Total liabilities increased to $756,915 thousand as of May 31, 2025, compared to $747,625 thousand in 2024, reflecting a rise of 1.8%[26] - Net cash provided by operating activities for the twelve months ended May 31, 2025, was $209,744,000, down from $289,976,000 in 2024, representing a decrease of approximately 27.7%[28] - The company’s operating cash flow conversion for the three months ended May 31, 2025, was 1,610%, a significant increase from (143%) in the same period of 2024[38] Acquisitions and Corporate Actions - The acquisition of Elgen Manufacturing was completed for approximately $93 million, enhancing the company's position in the HVAC market[4] - The company repurchased 200,000 shares of common stock for $9.8 million, with 5,365,000 shares remaining on the repurchase authorization[4] Tax and Adjustments - The effective tax rate for the three months ended May 31, 2025, was 54.9%, significantly higher than the effective tax rate of (18.8%) for the same period in 2024[34] - Adjusted operating income is defined as operating income excluding specific items, providing a clearer view of ongoing performance[41] - Adjusted net earnings from continuing operations exclude after-tax effects of certain items, offering a more accurate reflection of profitability[42] - Adjusted EBITDA from continuing operations is used to evaluate segment performance and overall profitability, excluding non-recurring items[43] - Free cash flow is defined as net cash flows from operating activities less investments in property, plant, and equipment, indicating liquidity[44] - Free cash flow conversion measures how much of adjusted net earnings is converted into cash, highlighting cash generation efficiency[45] - Impairment charges and restructuring activities are excluded from non-GAAP measures as they do not reflect ongoing operations[46] - Separation costs related to corporate functions are excluded as they are one-time in nature and not expected to recur[46] - Non-cash charges and losses on extinguishment of debt are excluded to avoid obscuring financial performance analysis[47] - Pension settlement charges and one-time tax effects of separation are excluded due to their non-recurring nature[47] - Corporate costs eliminated at separation reflect overhead costs that no longer exist post-separation, impacting financial reporting[47]

在美国总统特朗普怒斥以色列和伊朗违反协议、力图维护停火后，央视等媒体的一些报道显示，以色列 和伊朗有准备开始和谈的迹象。 当地时间24日周二，以色列总理内塔尼亚胡的办公室称，在特朗普和内塔尼亚胡通电话后，以方停止了 对伊朗的进一步军事打击。伊朗总统佩泽希齐扬称，伊方准备在谈判桌上对话，如果以色列不违反停火 协议，伊朗就不会违反。 据央视新闻，当地时间24日，以色列交通部长米丽·雷格夫表示，以色列正在推进一项全面开放其领空 的计划，包括增加航班数量、延长机场运营时间以及引入外国航空公司。 米丽·雷格夫表示，她已指示以色列机场管理局做好准备，该计划的实施将取决于"本土守备司令部解除 限制"以及"与安全和情报机构的协调"这两个条件。她还透露，24日当天将有24个航班降落在以色列特 拉维夫本-古里安机场，9个航班降落在海法。 周二美股午盘之初，以色列国防军宣称，已经使伊朗核项目、导弹项目的进程推迟数年。国际原油期货 当时保持大跌势头，布伦特原油日内跌约6%。 以总理办公室：美以领导人通话后以停止对伊朗进一步军事打击 据央视新闻，当地时间24日，以色列总理内塔尼亚胡的办公室发表声明称，"为了应对伊朗违反停火协 议的行为 ...

Core Viewpoint - Kansas City Life Insurance Company ("KCL") has entered into a settlement agreement to resolve claims related to the cost of insurance rates in certain universal life and variable universal life policies, agreeing to pay $45 million to approximately 88,000 policyholders [1][2]. Summary by Sections Settlement Agreement - The proposed nationwide Settlement Agreement is subject to preliminary and final court approval, with KCL agreeing to pay $45 million to settle claims from around 88,000 policyholders [2]. - The settlement aims to resolve all current and potential claims regarding the cost of insurance rates for various universal life and variable universal life policies issued and administered by KCL since January 1, 2002 [3]. Ongoing Litigation - The settlement will also address claims from ongoing cases, including van Zanten and Vittetoe v. KCL, Sheldon v. KCL, and others, as well as claims from any policyholder with a Class Policy not involved in existing litigation [4]. Court Proceedings - Settlement proceedings for the Sheldon litigation will occur in the 16th Circuit Court, Jackson County Missouri, while other claims will be handled in the United States District Court for the Western District of Missouri [5]. Company Position - KCL does not admit any liability or wrongdoing in entering the Settlement Agreement and will continue to defend against any actions if the settlement is not approved [6]. - The CEO of KCL stated that the settlement is intended to eliminate future uncertainty and legal expenses, benefiting policyholders, the company, and shareholders [7].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-K ______________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36827 ___________________________________ ...