Financial Overview - The company reported a significant decline in overall performance for Q1 2025, with total operating revenue of 252 million yuan, a year-on-year decrease of 24.71% [1] - The net profit attributable to shareholders was -67.36 million yuan, down 247.63% year-on-year, while the net profit excluding non-recurring items was -70.10 million yuan, a decrease of 91.66% [1] Profitability Analysis - The company's gross margin was 5.46%, a decrease of 65.69% year-on-year, and the net margin was -33.26%, down 450.63% year-on-year, indicating significant pressure on cost control and profitability [2] Cost and Expense Analysis - Total sales, management, and financial expenses amounted to 72.44 million yuan, accounting for 28.71% of revenue, which represents a year-on-year increase of 30.84%, further compressing profit margins [3] Cash Flow and Debt Situation - The operating cash flow per share was -0.14 yuan, a decrease of 902.32% year-on-year, reflecting substantial cash outflow pressure from operating activities [4] - The company had interest-bearing liabilities of 988 million yuan, an increase of 37.18% year-on-year, with an interest-bearing asset-liability ratio of 27.79%, raising concerns about debt repayment capacity [4] Accounts Receivable Situation - As of the end of the reporting period, accounts receivable stood at 854 million yuan, accounting for 62.18% of the latest annual revenue, a year-on-year increase of 30.73%, which may affect the company's capital turnover efficiency [5] Summary - Overall, the company's financial performance in Q1 2025 was poor, with a significant decline in profitability, and cash flow and debt situations warrant attention. The company needs to implement effective measures to improve operational conditions and enhance profitability and cash flow management [6]

埃夫特公告，2025年第一季度营收为2.52亿元，同比下降24.71%；净亏损6735.75万元，去年同期净亏 损1937.64万元。 ...

Economic Growth - Shenzhen's GDP reached 895.05 billion yuan in Q1, with a year-on-year growth of 5.2% [1] - The city's industrial output value increased by 4.2% year-on-year, accelerating by 1.6 percentage points compared to January-February [2] Industrial Performance - High-tech product output showed significant growth, with charging piles up 11.5%, civil drone production up 48.2%, industrial robots up 40.1%, and service robots up 18.1% [3] - The smart connected vehicle industry cluster grew by 38.8% year-on-year, while the robot industry cluster increased by 38.0%, with industrial robot manufacturing and service robot manufacturing growing by 56.2% and 35.0%, respectively [4] Real Estate Market - The sales area of commercial housing increased by 17.0% year-on-year, outperforming the national average and ranking first among first-tier cities [5] - In Q1, over 26,000 new and second-hand residential units were sold, marking a 67.7% year-on-year increase [5] Investment Trends - Fixed asset investment in Shenzhen decreased by 2.1% year-on-year, but the decline narrowed by 1.1 percentage points compared to earlier months, indicating a potential recovery [5] - Industrial investment grew by 1.4% year-on-year, with technological transformation investment surging by 61.8% [6] Consumer Market - The total retail sales of social consumer goods increased by 3.1% year-on-year, with an acceleration of 1.4 percentage points compared to January-February [9] - Government subsidies for replacing old products significantly boosted consumer spending, with home appliances and smart home devices seeing sales increases of 59.3% and 53.1%, respectively [13] Transportation and Tourism - Port container throughput reached 8.40 million TEUs, a year-on-year increase of 17.1%, while airport passenger throughput exceeded 16.55 million, growing by 6.3% [14] - Overnight tourist numbers reached 8.75 million, with inbound overnight visitors increasing by 10.6% [15]

Core Insights - Tax compliance is viewed as a "booster" for innovation and development, with tax credit becoming an important asset for companies [1][3] - The awareness of compliance and integrity in tax payment is increasing among business entities in Guangdong, supported by digital technologies from tax authorities [1][2] - The establishment of "Smart Tax Studios" by tax departments aids companies in accurately applying for tax benefits, particularly in R&D expense deductions [2][3] Group 1: Tax Compliance and Innovation - Companies are leveraging tax incentives to enhance their production processes, as seen with a technology firm in Zhuhai that reduced emissions by 65% while benefiting from tax breaks [2] - Guangdong's A-level tax credit companies reached 379,000, a 15.3% increase year-on-year, indicating a positive trend in tax compliance [2] - Gree Electric has paid over 170 billion in taxes since 2012, showcasing its commitment to compliance and integrity in operations [3] Group 2: Strategic Asset of Tax Credit - Companies view tax credit as a "strategic asset" that enhances their competitive edge in financing, project bidding, and government support [5] - The development of intelligent tax management platforms, like the "Golden Tax Cloud" by Libai Group, has significantly improved operational efficiency and cost savings [4] - Guangzhou Wenyan Zhixing Technology Co., Ltd. reported over 100 million in R&D expense deductions for 2023, reflecting the benefits of robust compliance management [4] Group 3: Support from Tax Authorities - Tax authorities are proactively guiding companies in compliance, with specialized teams assisting businesses in understanding tax regulations for international operations [6][8] - The collaboration between tax departments and companies fosters trust and enhances confidence in compliance, motivating businesses to fulfill their social responsibilities [8][9] - The tax policies have reduced operational costs for companies, enabling them to invest more in R&D and innovation [9]

上市进行时 石头科技 彭博援引知情人士称，扫地机器人制造商石头科技考虑今年在香港发行股票以筹集至多5亿美元。知情 人士表示，相关考虑还处于初期阶段，尚未安排银行。（新浪财经） 伯希和 36氪获悉，据港交所，据港交所披露，伯希和户外运动集团股份有限公司向港交所提交了上市申请书， 中金公司、中信证券为联席保荐人。 鸣鸣很忙 36氪获悉，据港交所文件，湖南鸣鸣很忙商业连锁股份有限公司向港交所递交上市申请。 招股书显示，鸣鸣很忙2024年门店零售额（GMV）达555亿元人民币，全年交易单数超过16亿，持续引 领"量贩模式"。截至2024年12月31日，鸣鸣很忙共有14394家门店，覆盖全国28个省份和所有线级城 市，其中约58%位于县城与乡镇，深入渗透下沉市场。其旗下"零食很忙"、"赵一鸣零食"成为消费者首 选的国民平价零食品牌。 紫光股份 紫光股份公告，公司拟发行境外上市外资股（H股）股票并申请于香港联交所主板挂牌上市。公司将充 分考虑现有股东的利益和境内外资本市场的情况，在股东大会决议有效期内选择适当的时机和发行窗口 完成此次发行并上市。 赛力斯 36氪获悉，据港交所，赛力斯集团股份有限公司向港交所提交IPO申请 ...

形成最强保障。商事法律服务是帮助外贸企业应对当前严峻复杂形势的有力武器。今年一季度以来，中 国贸促会所属贸仲委受理涉外案件194件，案件涉及55个国家和地区；海仲委受理案件45件；商法中心 受理商事调解案件316起；专商所、港专公司代理专利、商标申请近1.5万件；牵头发起成立的国际商事 争端预防与解决组织全球总部新址正式启用。"我们将全力为外贸企业出海保驾护航。"赵萍说。 (责编：赵欣悦、袁勃) 本报北京4月28日电（记者李婕）近期，美国以各种借口对包括中国在内的所有贸易伙伴滥施关税。为 深入了解广大外贸企业受美加征关税影响，有针对性地为企业做好贸易促进服务，中国贸促会面向全国 1100余家外贸企业开展问卷调查。调研显示，有近50%的企业表示将减少对美业务，同时有75.3%的企 业计划拓展新兴市场弥补对美出口减少份额。 这是记者从中国贸促会4月28日举行的新闻发布会上获悉的。据介绍，受访企业普遍表示，频繁变化的 关税政策大大增加了不确定性，让企业难以做出长远规划，但办法总比困难多。在政府一揽子稳外贸支 持政策帮扶下，广大外贸企业正在开辟增量市场、拓展内销市场、联动增强供应链韧性，审时度势，积 极作为，千方百计 ...

Core Viewpoint - Quanzhou is actively promoting investment attraction as a key strategy for economic development, leveraging the 8th Digital China Construction Summit to showcase its robust industrial foundation and vast development potential in the digital economy [1][2]. Investment Attraction Initiatives - Quanzhou has organized a series of investment promotion activities focusing on key areas such as artificial intelligence, industrial internet, and big data applications, announcing 20 investment projects during the 2025 Quanzhou Digital Economy Industry Innovation Development Promotion Conference [2]. - A total investment fund of 1 billion yuan has been established to support the construction and operation of industrial parks, aiming to enhance resource empowerment for digital economy-related industries and projects [2]. - Multiple promotional events are being held across cities including Beijing, Quanzhou, and Fuzhou to attract investments in the digital economy [2]. Project Development and Investment - Quanzhou has initiated 184 digital economy projects this year, with a total planned investment of 655.18 billion yuan, including seven major projects in sectors like chips, 3D printing, semiconductors, and robotics [8]. - Significant projects include the Xinggang Smart Logistics Park with a planned investment of 200 million yuan, the Task Robot project with an investment of 100 million yuan, and the Wild Beast Intelligent Industrial Park with a total investment of 2.25 billion yuan [6][8]. - The city has implemented a three-tier promotion system to ensure that projects move from negotiation to signing and then to implementation, with 115 projects currently under construction [8]. Strategic Focus - Quanzhou emphasizes the importance of the "project-driven" strategy to facilitate rapid development in the digital economy, aiming to leverage national resources for industrial collaboration and deepen the construction of digital industry clusters [8].

4月28日，深圳市统计局发布数据，根据广东省地区生产总值统一核算结果，2025年一季度，深圳市地 区生产总值（GDP）达8950.49亿元，按不变价格计算，同比增长5.2%。在复杂多变的内外环境下，深 圳经济起步平稳、开局良好，高质量发展势头持续向好。 从三次产业结构来看，一季度，第一产业增加值4.86亿元，同比增长7.2%；第二产业增加值2951.44亿 元，增长3.7%；第三产业增加值5994.19亿元，增长6.0%，服务业继续发挥经济增长主力军作用。 广东省体制改革研究会执行会长彭澎在接受南都·湾财社记者采访时指出，深圳经济增长高于全省平均 水平。工业增加值增长逐月加快，其中，机器人、低空经济等新质生产力领域出现两位数增长，显示产 业结构继续向高质量发展。固定投资增速也逐月回升，尤其是房地产市场强势回暖，给整体经济发展前 景提振了信心。消费继续回稳，以旧换新等提振消费措施显效。 "在全球供应链波动、技术封锁压力下，深圳依然跑出5.2%的增速，体现了经济的韧性与抗压能 力。"深圳市社会科学院副研究员、经济学博士后张国平在接受南都湾财社记者采访时指出，新质生产 力爆发、工业底盘稳固、投资与外贸同步发力，是深 ...

4月28日涨停分析 今日共40股涨停，连板股总数13只，19股封板未遂，封板率为68%（不含ST股、退市股）。焦点股方面，摘帽的天沃科技11天7板，机器人概念股东贝集团 一字涨停晋级4连板，但其余多数高位股持续退潮，天元股份跌停，步步高跌超8%，新金路、尤夫股份、保税科技、国光连锁等2连跌停。 | 股票名称 | 板数 | 涨跌幅 | 涨停时间 | 上涨逻辑 | | --- | --- | --- | --- | --- | | 华银电力 | 3天3板 | 9.91% | 09:25 | 电力+业 | | 600744 | | | | | | 鸿博股份 | 2天2板 | 9.97% | 09:25 | 算力+业 | | 002229 | | | | | | 中电鑫龙 | 2天2板 | 10.00% | 09:30 | 算力+机 | | 002298 | | | | 人+业绩 | | 珀菜雅 | 2天2板 | 10.00% | 14:49 | 业绩 | | 603605 | | | | | | 金麒麟 | 首板 | 10.01% | 09:25 | 业绩 | | 603586 | | | | | | 普路通 | ...

4月28日午间涨停分析 智通财经4月28日电，今日午盘全市场共32股涨停，连板股总数9只，18股封板未遂，封板率为64%（不含ST股、退市股）。焦点股方面，天元股份跌停，步 步高跌超8%，市场连板高度降低至4连板的东贝集团。 | 股票名称 | 板数 | 涨跌幅 | 涨停时间 | 上涨逻辑 | | --- | --- | --- | --- | --- | | 华银电力 600744 | 3天3板 | 9.91% | 09:25 | 电力+业 | | 鸿博股份 002229 | 2天2板 | 9.97% | 09:25 | 算力+业 | | 金麒麟 | 首板 | 10.01% | 09:25 | 业绩 | | 603586 | | | | | | 三夫户外 | 首板 | 10.03% | 09:30 | 业绩 | | 002780 | | | | | | 金财互联 | 首板 | 9.96% | 09:31 | 业绩 | | 002530 | | | | | | 狮头股份 | 首板 | 10.03% | 09:35 | 业绩 | | 四川金顶 | 首板 | 10.00% | 09:46 | 业绩 | | --- ...