2.维护卖场营运标准 北京沃尔玛百货有限公司 收银兼职 5人 岗位职责： 1.遵守公司政策，执行公司运作流程 3.维护部门区域的安全，卫生，维持通畅，舒适的购物环境 4.熟练掌握收银技能,做到快速准确收银 5.有较好的沟通能力与服务意识 6.有相关行业工作经验优先 岗位要求： 1.中专及以上学历 2.能适应大体量劳动 3.4小时每天工时，周五到周日及节假日需能保证工时，具体时段沟通定 4.有收银经验优先 薪酬待遇：26.4元 /小时 楼面理货员工 5人 岗位职责： 1.遵守公司政策，执行公司运作流程 2.维护卖场营运标准，保持货架商品丰满，整洁 3.维护部门区域的安全，卫生，维持通畅，舒适的购物环境 4.熟练掌握部门商品知识及日常工作流程 5.有较好的沟通能力与服务意识 6.有相关行业工作经验优先 岗位要求： 1.中专及以上学历 五险一金，季度奖，十三薪，带薪年假，生日会，年节福利，夜班津贴 工作地址：北京市石景山区阜石路158号 2.能适应大体量劳动，接受早晚夜班倒班，或接受长期夜班 薪酬待遇： 4500-5500元 五险一金，季度奖，十三薪，带薪年假，生日会，年节福利，夜班津贴 残疾人全职 4人 岗位要求 ...

Group 1: Employment Initiatives - The province has implemented various measures to support local employment for rural laborers, with a focus on "work-for-relief" projects, allocating 9.26 billion yuan in funding and creating 7,500 jobs by April [1] - The "work-for-relief" program aims to provide job opportunities and labor remuneration to those facing employment difficulties, promoting local employment and income generation [1] - The province has deepened labor cooperation with Jiangsu and Shaanxi, helping 14,500 rural laborers find employment through these collaborative efforts in the first four months of the year [1] Group 2: Job Market for Youth - The province organized the "Spring Warmth for Migrant Workers" and "Spring Breeze Action" initiatives, resulting in 2.1322 million impoverished individuals finding work and 6.082 million rural laborers working outside their home areas [2] - A youth job fair attracted over 2,100 recent graduates, with 420 initial employment intentions recorded, showcasing the ongoing efforts to enhance job opportunities for young people [3] - The province plans to continue various recruitment initiatives aimed at improving employment skills and expanding quality job offerings for recent graduates [3]

Group 1: Employment Initiatives for Disabled Individuals - A nationwide job fair for disabled individuals was held in Beijing, featuring over 60 companies offering more than 300 job positions across various sectors such as retail, catering, and manufacturing [2][3] - The event highlighted the increasing commitment of state-owned enterprises and public institutions to hire disabled individuals, reflecting the implementation of national employment policies [2] - Innovative recruitment methods, including online platforms and live broadcasts, were utilized in various regions to enhance accessibility for job seekers [3] Group 2: Technological Innovations for Disability Assistance - A showcase of assistive technologies took place in Chengdu, featuring 21 companies presenting advanced devices such as smart prosthetics and AI-powered wheelchairs [4] - The development of assistive technologies aims to lower barriers for disabled individuals to integrate into society, with a focus on practical applications like smart glasses for the visually impaired [4] - Collaborative efforts are underway to create new assistive devices, such as AI-guided service dogs, to enhance mobility and safety for disabled users [4][5] Group 3: Advocacy and Awareness Campaigns - The 35th National Day for Assisting the Disabled was marked by various activities promoting understanding and support for disabled individuals, emphasizing the importance of social inclusion [1] - Inspirational stories from national role models were shared in educational settings, aiming to instill a spirit of perseverance and optimism among youth [1] - Ongoing advocacy efforts are focused on fostering a culture of respect and care for disabled individuals, with a call for continuous support beyond designated awareness days [5]

证券研究报告 行业深度 商贸零售&社会服务 高性价比国产大模型应用落地加速，探索 AI+消费投资机会 AI+消费专题报告 2025 年 05 月 13 日 评级 同步大市 维持 | 重点股票 | 2024A | | 2025E | | 2026E | | 评级 | | --- | --- | --- | --- | --- | --- | --- | --- | | | EPS（元） PE（倍） EPS（元） PE（倍）EPS（元） PE（倍） | | | | | | | | 小商品城 | 0.56 | 28.81 | 0.72 | 22.35 | 0.92 | 17.63 | 增持 | | 学大教育 | 1.47 | 36.54 | 2.07 | 25.97 | 2.66 | 20.27 | 增持 | 执业证书编号:S0530522020001 zhangxiyue@hnchasing.com 相关报告 1 商贸零售行业事件点评：离境退税政策优化升 级，释放入境消费新动能 2025-04-14 此报告 考 请务必阅读正文之后的免责条款部分 资料来源： iFinD ，财信证券 行业涨跌幅比较 % 1M 3M ...

Investment Rating - The industry rating is "Recommended" [4] Core Insights - The consumer services and retail sectors are under pressure, with notable performance in emotional consumption and tourism consumption [1][2] - In 2024, CITIC consumer services revenue and net profit attributable to shareholders are expected to grow by 2% and decline by 24% respectively, while the retail sector is projected to see an 8% drop in revenue but a 6% increase in net profit [1][2] - The report highlights the divergence in performance among sub-sectors, with tourism services (+56%), human resources (+15%), and scenic areas (+3%) showing relative strength [1][2] Summary by Relevant Sections Consumer Services - In 2024, revenue for CITIC consumer services is projected to grow by 2%, while net profit is expected to decline by 24%. The tourism services sector shows a significant revenue increase of 56% [1] - For Q1 2025, the consumer services sector continues to face pressure, with revenues down by 0.1% and net profits down by 8% [2] Retail Sector - The retail sector is expected to see an 8% decline in revenue for 2024, but net profit is projected to increase by 6% [1] - Notable performances include supermarkets and convenience stores, which saw a 156% increase in net profit due to non-operating factors [1] OTA (Online Travel Agency) - The online booking rate for travel continues to rise, with OTA transaction volume expected to grow by 17.8% in 2024 [3] - Major players like Ctrip and Tongcheng are experiencing significant revenue growth, with Ctrip's international business revenue reaching 10% of total revenue [3][6] Scenic Areas - The scenic area sector is expected to see a 3% increase in revenue and a 30% increase in net profit for 2024, driven by strong performances from key players [7] - In Q1 2025, revenue is projected to grow by 2%, but net profit is expected to decline by 18% [7] Hotel Sector - The hotel sector is facing pressure with a decline in RevPAR (Revenue per Available Room), but major hotel groups are maintaining aggressive expansion plans [8][9] - For Q1 2025, major hotel groups are experiencing varying impacts on net profit, with some showing significant declines [9] Human Resources - The outsourcing business remains strong, with companies like Core International and Beijing Human Resources seeing revenue growth of 22% and 14% respectively [10] - Government subsidies are contributing to significant net profit increases for these companies [12] E-commerce and Services - The report highlights the growth of self-owned brands, with companies like Ruoyu Chen achieving a 29.26% increase in total revenue for 2024 [13] - The demand for agency operations is declining, but self-owned brands are driving high growth [13] Dining Sector - The dining sector is under pressure due to intense price competition, but some brands are showing resilience [14] - In Q1 2025, the dining sector shows signs of marginal improvement as price competition eases [14] Jewelry Sector - The jewelry sector is experiencing performance divergence, with strong brands outperforming the market amid rising gold prices [15] - In Q1 2025, brands like Chaohongji and Mankalon are showing significant revenue and profit growth [15] Investment Recommendations - The report suggests focusing on high-demand consumer products and travel services, as well as companies benefiting from overseas expansion [17]

Core Insights - The Hubei province has launched a series of initiatives to promote entrepreneurship and employment, featuring six recommended projects from Wuhan that focus on rural revitalization, cultural heritage, and the integration of agriculture and tourism [1][2] Group 1: Project Overview - The six recommended projects include: 1. Non-material cultural creative workshop in the Dongxihu District 2. Egg chicken breeding project in the Huangpi District 3. Rural homestay renovation project in the Yangluo Street of the Changjiang New District 4. Human resources industrial park project in the Caidian District 5. Wangji soup industry park project in the Xinzhou District 6. Pig Kingdom agricultural tourism experience project in the Jiangxia District [1] Group 2: Specific Project Details - The Yangluo Street rural homestay renovation project aims to upgrade idle farmhouses and the natural rural environment to create a boutique homestay cluster that integrates leisure, agricultural experiences, and cultural displays [2] - The target customer base for the Yangluo project includes families from the Wuhan metropolitan area, short-term tourists, and corporate team-building groups, leveraging local agricultural resources and cultural heritage [2] - The project is expected to generate diversified income through agricultural tourism education experiences, agricultural product sales, social media marketing, outdoor camping, and accommodation and dining services, with a reasonable investment recovery period and promising long-term returns [2] Group 3: Future Plans - Hubei province plans to continue selecting and promoting projects that are based on local characteristics and resource advantages, aiming to introduce a batch of "small investment, low risk, and predictable" entrepreneurial projects [2]

Group 1 - The core viewpoint of the news is the release of the "22 Measures for Promoting High-Quality Development of Service Trade and Digital Trade" by the Guangzhou Municipal Government, aimed at enhancing the structure, efficiency, and strength of service trade and digital trade enterprises in the city [1][2] - The measures focus on expanding institutional openness, deepening foreign service industry openness, and promoting alignment with Hong Kong and Macau service trade rules, which is expected to create new business opportunities [1][2] - The initiative emphasizes the importance of standardization in service trade, encouraging the adoption of advanced foreign standards and the development of regional and international standards in specific areas like cross-border elderly care and internet arbitration [1][2] Group 2 - Digital trade is highlighted as a crucial component of the digital economy and a driving force in global trade, with the measures aiming to enhance the "value," "green value," and "new value" of service trade [2] - The plan includes support for enterprises to expand their markets and provides legal service guarantees, along with financial support measures totaling 300 million yuan, with a maximum of 1 million yuan per enterprise based on comprehensive evaluations [2] - Guangzhou has established itself as a national pilot city for service trade innovation, with significant achievements in service trade rule alignment and innovative practices, projecting service trade imports and exports to exceed 75 billion USD in 2024, with 40% being digitalizable services [2][3]

Financial Performance - In 2024, the company achieved a total revenue of 11.788 billion yuan, representing a year-on-year growth of 20.55% [2] - The net profit attributable to shareholders reached 205 million yuan, an increase of 2.42% compared to the previous year [2] - The net profit excluding non-recurring gains and losses was 139 million yuan, up by 3.57% year-on-year [2] - Revenue from mainland China grew significantly, reaching 9.490 billion yuan, a rise of 28.67% [2] - Revenue from Hong Kong, Macau, Taiwan, and overseas markets showed a decline due to macroeconomic factors [2] Growth Opportunities - The domestic recruitment market is recovering, with strong demand in emerging industries, particularly in technology innovation [3] - The company plans to focus on high-end positions in strategic emerging industries such as semiconductors and artificial intelligence [3] - The company aims to enhance its service offerings by leveraging AI technology to improve efficiency and quality in human resource services [3] Strategic Goals - For 2025, the company will implement a "Four Ones" strategy to support new productivity sectors and embrace AI technology [4] - The company is committed to building a global talent supply chain and providing customized solutions for Chinese enterprises expanding overseas [4] International Expansion - The overseas business growth has slowed due to geopolitical and economic challenges, but there is a stabilizing trend since Q4 of the previous year [4] - The company has established branches in nine countries, including the UK, US, and Germany, focusing on life sciences and high-tech sectors [4] - The company has over 400 professional consultants overseas, enhancing its service capabilities in international markets [4] AI Integration - The company has adopted an AI-First strategy, integrating AI models into recruitment processes to enhance matching efficiency [5] - A large data system covering over 20 industries has been developed to support AI model training [5] - Recent advancements include the development of the CRE Embedding and Match System for improved recruitment matching [5]

Core Viewpoint - The company reported a total revenue of 11.8 billion yuan for 2024, representing a year-on-year growth of 21%, with a net profit attributable to shareholders of 205 million yuan, up 2.4% [1] Financial Performance - In Q4 2024, the company achieved a revenue of 3.3 billion yuan, a 25% increase year-on-year, and a net profit of 70 million yuan, which is a 44% growth compared to the previous year [1] - For Q1 2025, the company recorded a revenue of 3.3 billion yuan, reflecting a 25% year-on-year increase, and a net profit of 57.78 million yuan, up 42% [1] Business Segments - The flexible employment segment saw a significant increase, with 146,000 personnel dispatched in Q1 2025, and 47,000 employees in outsourced positions, with 68.33% in technical research and development roles [2] - In the headhunting segment, the company successfully recommended 3,810 mid-to-high-end management and technical positions to domestic and international clients in Q1 2025 [3] - The AI screening assistant, He Wa, has reduced the screening workload by 80% with an accuracy rate of 98%. By the end of March 2025, He Wa had over 16,200 registered partners, a 21.76% increase, and 156,200 registered consultants, up 30.69% [3] - Revenue from flexible employment, headhunting, recruitment process outsourcing, and technical services for 2024 was 11.14 billion, 370 million, 60 million, and 60 million yuan respectively, with year-on-year changes of +22%, -12%, -18%, and +44% [3] Regional Performance - Revenue from mainland China grew by 29% year-on-year, while revenue and profits from regions outside mainland China, particularly Europe and the United States, declined due to multiple macroeconomic factors affecting recruitment demand [3] Profit Forecast and Investment Recommendations - In the short term, domestic business has recovered from its low point and returned to a growth trajectory, while overseas business is still adjusting. Future improvements are expected as inflation pressures decrease and the company implements cost reduction and efficiency enhancement measures [4] - In the medium to long term, the company is optimistic about the impact of technology on internal quality and efficiency improvements, as well as the potential for cross-business synergies from output products. Additionally, the overseas expansion of domestic major clients and local expansion of overseas companies may drive incremental demand for human resources [4] - The company forecasts net profits attributable to shareholders of 280 million, 340 million, and 410 million yuan for 2025, 2026, and 2027 respectively, maintaining a "recommended" rating [4]

Group 1 - The Heilongjiang Provincial Human Resources and Social Security Department promotes a "four-industry linkage" approach to enhance both the quality and reasonable growth of employment, achieving 86,000 new urban jobs in the first quarter, which is 107.7% of the quarterly target and 28.7% of the annual target [1] - The department has improved the entrepreneurial support system, launching the "Chuangxiang Longjiang" three-year action plan, increasing the credit limit for special loans to small and micro enterprises from 30 million to 50 million yuan [1] - In the first quarter, 2,190 "human resources service specialists" conducted 111,000 enterprise visits, disbursed 500 million yuan in employment and entrepreneurship subsidies, and issued 210 million yuan in guaranteed loans, reducing the burden on enterprises by 1.23 billion yuan and stabilizing 162,000 jobs [1] Group 2 - The province is seizing the opportunity of the Asian Winter Games to host the first provincial ice and snow sculpture vocational skills competition and prepare for the second provincial vocational skills competition, developing 12 specialized vocational ability standards in the ice and snow sector [2] - The province promotes a project-based training model focusing on "job demand + skills training + skills evaluation + employment services," conducting subsidized training for 25,000 people in industries with high employment capacity and significant supply-demand contradictions [2] - Policies have been introduced to assist employment for vulnerable groups, achieving employment for 193,000 poverty alleviation individuals, 49,000 unemployed individuals, and 18,000 individuals facing employment difficulties, while maintaining a "dynamic zero" for zero-employment families [2]