编者按：作为现代金融体系的枢纽，资本市场通过资源的高效链接与精准匹配，赋能实体经济，成为推 动区域高质量发展的核心引擎。 自2024年资本市场新"国九条"发布以来，各地陆续出台相关具体落实政策，致力于打造具有地方特色的 市场板块，为推动资本市场的高质量发展贡献力量。本报今起推出"从资本市场看地方高质量发展"大型 融媒报道栏目，对话监管部门、探访上市公司，呈现各地如何以资本活水浇灌产业沃土，激发高质量发 展的澎湃动能。 此系列首篇，证券时报、南方日报联合调研组走进广东一线，通过数据分析、企业访谈与案例解剖，探 寻广东资本市场从"硬"实力领跑全国到"新"实力支撑科技产业深度融合的跃迁图景。敬请关注。 证券时报、南方日报联合调研组 资本市场高地，再立潮头。 作为经济第一大省，广东已经连续36年GDP居全国首位。在这一庞大经济体的支撑下，广东在资本市场 的"硬"实力向来有目共睹：在IPO融资、并购交易、上市公司数量、私募基金管理人数量等资本市场核 心指标上，广东近十年来始终领跑全国。 近年来，广东深入贯彻落实习近平总书记关于金融工作的重要论述精神，加快建设金融强省，扎实推动 金融高质量发展，为推进中国式现代化的广东实 ...

Core Insights - Sony reported a decrease in sales for Q4 FY2024, with total sales of 2.630 trillion yen, a 24% year-on-year decline, while net profit increased by 5% to 197.7 billion yen [1] - For the full fiscal year 2024, Sony's total sales were 12.957 trillion yen, a slight decrease of 0.5% year-on-year, but net profit reached a record high of 1.1416 trillion yen, up 17.6% [1] - Looking ahead, Sony anticipates a 12.9% decline in net profit for FY2025, projecting it to be 930 billion yen [1] Financial Performance - Q4 FY2024 sales decreased to 2.630 trillion yen, while operating income was 203.6 billion yen, reflecting a decline in the consolidated total sales [6] - For FY2024, operating income increased by 16.4% to 1.4072 trillion yen, driven by growth in various segments [2][5] - The average operating income margin improved to 10.9% for the full year [2] Segment Analysis - Game & Network Services (G&NS) segment saw sales of 4.670 trillion yen in FY2024, a 9% increase, with operating income rising by 43% to 414.8 billion yen [3][5] - Music segment sales increased by 14% to 1.8426 trillion yen, with operating income growing by 18% to 357.3 billion yen [20] - Imaging & Sensing Solutions (I&SS) segment reported a 12% increase in sales to 1.799 trillion yen, with operating income rising by 35% to 261.1 billion yen [29] Future Outlook - For FY2025, Sony forecasts a decrease in sales to 11.700 trillion yen, a 3% decline, with operating income expected to remain stable at 1.280 trillion yen [12][14] - The G&NS segment is projected to see a decrease in sales to 4.300 trillion yen, while operating income is expected to increase to 480 billion yen [14] - The Music segment is anticipated to have flat sales at 1.850 trillion yen, with a slight decrease in operating income [14] Additional Insights - Sony's PS5 console shipments totaled 18.5 million units for FY2024, a decrease from 20.8 million units in the previous year [5] - Monthly active users on the PlayStation Network reached 124 million, up from 118 million year-on-year [5] - The company plans to execute a partial spin-off of its Financial Services business in October 2025, classifying it as a discontinued operation [11]

Core Viewpoint - The recent surge in popularity of pull-apart instant film paper, driven by celebrity endorsements and its unique aesthetic, has led to skyrocketing prices, even for expired products, raising questions about the underlying reasons for this trend [1][3][4]. Group 1: Market Dynamics - The price of pull-apart instant film paper has increased significantly, with some products selling for over 1,000 yuan, and specific examples include a price rise from 338 yuan to 410 yuan for a popular variant [3][4]. - The scarcity of pull-apart film, due to the cessation of production by major manufacturers like Polaroid and Fujifilm, has created a "limited edition" appeal, enhancing its market value [6][9]. - The unique experience of using pull-apart film, which involves a manual development process, contrasts sharply with the immediacy of digital photography, attracting a younger audience seeking novelty [8][9]. Group 2: Consumer Behavior - The nostalgic and artistic qualities of pull-apart film, which produce softer colors and a dreamlike quality, resonate with consumers looking for unique photographic styles [6][8]. - Social media influence, particularly from celebrities and fashion bloggers, has amplified the desirability of pull-apart film, leading to a trend where young people emulate the lifestyles of their idols [6][8]. - The perception of pull-apart film as a collectible item, combined with its limited availability, has turned it into a form of social currency among young consumers [9].

以下文章来源于中新经纬 ，作者李自曼 王玉玲 中新经纬 . 中新经纬是由中国新闻社主办的财经新媒体，拥有中国互联网新闻信息采编发布服务资质。以手机客户 端（APP）等为主要传播平台，以"权威、前瞻、专业、亲和"为特色宗旨，传播财经资讯、解读经济政 策、讲述商界故事，打造精英的财经资讯平台。 来源丨中新经纬 "拍一张钱包少三张""过期几年的相纸，1971年的老机器，玩的就是心跳""已停产，拍一张过一 张"……近期，"撕拉片"成为社交平台热门词。 据中新经纬了解，二手交易平台上，富士FP-100C彩色撕拉片相纸根据生产日期、批次差异，一 盒（10张）撕拉片相纸的价格在1400元至3300元不等，至少是相纸停产前售价的20倍。在照相 馆，如今拍摄一张撕拉片的价格在300到600元不等，根据相机类型、提供附加服务不同而有所区 别。 01 一张撕拉片价格达停产前20倍 撕拉片即一次成像胶片，采用特殊的化学涂层和成像技术，将撕拉片装入特定的相机中，拍摄之后 需要手动将胶片从相机中拉出，等待一段显影时间，然后把底片揭开，得到一张完全显影的照片， 另外还有一张黑色负片。 "与拍立得比起来，撕拉片的大部分相机镜头会更好一些，有 ...

Eastman Kodak Company (KODK) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Anthony Redding - Chief Audit Executive, Chief Compliance Officer, & Director of Investor Relations (Interim)James Continenza - Executive Chairman & CEODavid Bullwinkle - CFO & Senior VP Operator Good day, and thank you for standing by. Welcome to the Eastman Kodak Quarter One Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being re ...

Eastman Kodak Company (KODK) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, and thank you for standing by. Welcome to the Eastman Kodak Quarter One Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Anthony Redding. Anthony, you may now begin. Speaker1 Thank you, and good afternoon, everyone. I am Anthony Redding, Eastman K ...

Core Insights - The article highlights the growth and significance of leading companies on the Sci-Tech Innovation Board, referred to as "chain master" enterprises, which are pivotal in driving innovation and collaboration within key industries such as integrated circuits, artificial intelligence, and innovative pharmaceuticals [1][7]. Group 1: Company Performance - The top 10 companies on the Sci-Tech Innovation Board achieved a revenue growth of 21.2% and a net profit growth of 24.3% in 2024, with cumulative revenue growth of 175.6% and net profit growth of 394.8% since their listing [2]. - Sichuan Baili Tianheng Pharmaceutical Co., Ltd. reported a net profit of 3.708 billion yuan in 2024, marking a 575% year-on-year increase and its first annual profit since listing [2]. - Semiconductor manufacturer SMIC reached a revenue milestone of 50 billion yuan, solidifying its position as the second-largest pure-play foundry globally, with a quarterly revenue growth of 29.4% and profit growth of 166.5% [2]. Group 2: Research and Development - The top 10 companies collectively invested 22.109 billion yuan in R&D in 2024, accounting for 14% of the total R&D investment on the board, with a year-on-year increase of 20.09% [4]. - These companies employed over 20,000 R&D personnel, with an average of 2,056 R&D staff per company, significantly higher than the overall board averages [4]. - The top 10 companies added 2,256 new invention patents in 2024, representing 11.1% of the total new patents on the board, and many are involved in national key technology projects [4]. Group 3: Industry Leadership - Leading companies are enhancing their roles as "chain masters" by fostering collaboration across the supply chain and driving technological innovation [7]. - Shanghai United Imaging Healthcare Co., Ltd. is recognized for its significant contributions to the high-end medical imaging equipment sector, creating numerous industry-firsts and fostering a domestic supply chain ecosystem [7]. - Haiguang Information Technology Co., Ltd. established the "Light and Harmony Organization" to promote collaboration among over 5,000 partners, enhancing the domestic computing platform ecosystem [8]. Group 4: Future Outlook - The continued growth of the Sci-Tech Innovation Board is expected to yield more technology innovation leaders, driving industrial upgrades and development in key sectors [8].

我们正站在一个影像表达全面进化的时代。现在，画面"清晰"已经不再是唯一的标准。真正拉开差距 的，是作品能否带来共鸣与情绪，能否营造出节奏和氛围。当人人都能拍出高画质的画面，"感觉"，才 是打动人心、脱颖而出的关键。 现场摄制团队使用EOS C400直播画面 在这样的创作理念下，佳能电影机专业直播解决方案应运而生，并不断进化。而其中的核心设备之一 ——佳能新一代电影机EOS C400，正是将"画质"与"感觉"结合得恰到好处的代表。 EOS C400 搭载 6K全画幅背照堆栈式CMOS图像感应器，具备 HDR 宽色域表现并兼容佳能系列伺服电 影镜头，画质细腻，色彩自然。更重要的是，它的操作设计贴合创作者习惯，系统兼容性强，能轻松应 对多场景拍摄需求。从操控逻辑、色彩一致性到系统稳定性，每一个细节都在为创作者减负提效，让技 术不再是束缚，而成为真正的助力。可以说，这不仅是一套"设备组合"，更是一整套帮助影像创作"拍 得清、拍得稳，更拍得对"的解决方案。 接下来，本文将以四个典型应用场景为例，深入解析佳能电影机专业直播解决方案的核心优势，看看它 如何在实际拍摄中帮助创作者打破技术瓶颈，实现更高级、更有情绪的影像表达。 ...

点击注册小程序 查看完整报告 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相 关人员为光大证券的客户。 报告摘要 公司发布24年年报和25年一季报：24年实现营业收入103.00亿元，同比减少9.7%；归母净利润12.62亿 元，同比减少36.1%；扣非归母净利润为10.10亿元，同比减少39.3%。25Q1：实现营业收入24.78亿元，同 比增长5.4%，实现归母净利润3.70亿元，同比增长1.87%，扣非归母净利润3.79亿元，同比增长26.1%。业 绩符合市场预期。 点评： 事件： 风险提示： 需求回落风险、供应链风险、市场竞争加剧风险、研发进度不及预期风险、新股股价波动风 险。 发布日期： 2025-05-04 免责声明 本订阅号是光大证券股份有限公司研究所（以下简称"光大证券研究所"）依法设立、独立 运营的官方唯一订阅号。其他任 ...

以下文章来源于信风TradeWind ，作者郑敏芳 信风TradeWind . 关注资本市场的趋势与发展 医学影像设备的价格战，似乎正在迎来升级。 日前，在福建影像设备招标总金额超过4亿元的一次集采中，万东医疗（600055.SH）以43台、1.18亿元的总额中标。 备受关注的是，中标的1.5T MR（iSpace 1.5T Plus）设备集采价仅200万元，较此前中标价下滑近4成。 价格战的掀起，或许正在给位居国产MR市场头把交椅的联影医疗（688271.SH）带来更多压力。 一名接近联影医疗的人士告诉信风，考虑到成本等各方面的因素，其并未参与此次竞标。 受到以旧换新政策落地所带来的招采节奏放缓因素影响， 联影医疗上市以来首次出现年收入下滑，2024年收入、归母净利润分别为103亿元、12.62亿元，分 别同比下滑了9.73%、37.21%。 年初以来业绩有回暖迹象，2025年一季度收入、归母净利润分别为24.78亿元、3.7亿元，同比增幅分别为5.42%、1.87%。 伴随着各地招采活动的恢复，2025年医学影像企业或许可能会迎来一场血战，更多市场份额也可能随之变化。 跟与不跟 CT和MR都是联影医疗的重 ...