文/梧桐兄弟 2月6日，上交所公布对安顺控股股份有限公司主板IPO终止审核的决定，直接原因是公司及保荐机构东海证券撤回申请。安顺控股于2022年12月向证监会申请主板 IPO，2023年3月注册制平移至上交所受理。公司最新版招股书于2023年3月1日公布。公司申报IPO拟募资6.5亿元。 一、地方性民营燃气企业，或不符合主板"板块定位" 安顺控股是一家长期专注于清洁能源供应领域的专业化城市燃气综合运营服务商，主要从事天然气销售和天然气设施设备安装服务。 公司现已取得的经营区域为江苏省溧阳市、安徽省宁国市、歙县、黟县、福建省南平市、政和县。 其中溧阳市、黟县，公司在所取得特许经营权的经营范围内独 家经营，不存在其他竞争对手。 公司与行业龙头，如新奥股份、深圳燃气等燃气企业相比，在城市燃气项目数量、品牌影响力、综合能源业务拓展能力等方面处于劣势。 但与其他民营燃气企业 相比，公司的城市燃气项目数量、单位管网供气量、市场份额、经营规模等均处于平均以上水平。 2019 年-2022 年 1-6 月，公司营业收入分别为 104,905.23 万元、107,141.18 万元、151,543.58 万元、93,757.9 ...

Summary of the Conference Call Industry and Company Involved - The conference call focused on the **Guizhou listed companies** and their performance in the **capital market**. Core Points and Arguments 1. **Investor Relations and Communication**: The event aimed to enhance communication between Guizhou listed companies and investors, promoting investor relations management and improving investor protection efforts [1][2][3] 2. **Performance Highlights**: In 2024, Guizhou listed companies reported a total revenue of **33.84 billion yuan**, a year-on-year increase of **5.01%**, ranking **fourth nationally** and **second in the western region**. The total profit reached **12.86 billion yuan**, up **9.21%**, also ranking **fifth nationally** and **second in the west** [4][14][18] 3. **Cash Dividends**: The total cash dividends paid by Guizhou listed companies reached **6.84 billion yuan**, marking a historical high and ranking **ninth nationally** and **first in the west** [14][19] 4. **Share Buybacks**: Since 2024, there has been a surge in share buybacks among Guizhou listed companies, reflecting their confidence in stable development [3][19] 5. **Regulatory Support**: The Guizhou Provincial Government and regulatory bodies are actively supporting listed companies to enhance their market presence and investor relations [10][15][18] 6. **Focus on Quality Development**: The emphasis is on high-quality development, with companies encouraged to improve governance, enhance communication with investors, and maintain stable dividend policies [16][20] 7. **Sectoral Performance**: Key companies like **Kweichow Moutai** and **Panjiang** have shown strong revenue and profit growth, with Moutai's market capitalization reaching **1.99 trillion yuan** [7][11] Other Important but Possibly Overlooked Content 1. **Investor Engagement**: The event facilitated direct interaction between investors and company executives, with **880 questions** posed by investors and a response rate of **83%** [25] 2. **Future Outlook**: The conference highlighted the ongoing commitment to enhancing investor relations and the importance of maintaining open communication channels for future engagements [6][21] 3. **Regulatory Framework**: New regulations and policies are being implemented to ensure better management of listed companies and to protect investor rights [4][10][18] 4. **Sectoral Challenges**: Despite the successes, there are acknowledged challenges, such as the relatively low number of state-owned listed companies and the need for further improvements in corporate governance [9][12][19] This summary encapsulates the key discussions and insights from the conference call, reflecting the current state and future direction of Guizhou's listed companies in the capital market.

"聪明钱" 隐身了 不赌电动车，日本三大车企利润新高 被追逐的公用事业公司 关注《晚点财经》并设为星标，第一时间获取每日商业精华。 "聪明钱" 隐身了 对于一些每天都要交易那么几次的股市投机者来说，一个曾经重要的信号被藏起了。 5 月 13 日起，港交所不再披露北上资金实时成交额和实时可用余额。余额低于 30% 时实时公布可用 余额、否则显示 "可用"。当时成交额会在收盘后公布。 十年前，沪港通（全称 "沪港股票市场交易互联互通机制"）开通。那两年后，深港通启动。"通" 就 像 "通道"，意味着在不打破中国资本管制的情况下，外资能投资中国的东西了、中国的资本也可以 买港股了。 通过沪港通和深港通流入中国内地股市的资金叫做 "北上资金"，它一度被称为 "聪明钱" —— 因为港 资和其他外资市场的成熟度往往高于 A 股市场，交易员认为北上资金对市场有一定领先性，散户、 机构资金也会跟踪北向动向 —— 跟踪的方式是观测北上资金的实时交易、余额和持仓。 这些资金包括欧美资金、港资，以及中资机构的境外资金。这一机制让资金更方便地投资 A 股，不 需要像 QFII （合格境外投资者）一样是金融机构或者持有数百万人民币的个 ...