投资者关系活动记录表 证券代码：300300 证券简称：ST 峡创 海峡创新互联网股份有限公司 | | 润真正扭亏为盈呢？谢谢！ | | | | | --- | --- | --- | --- | --- | | | 尊敬的投资者，您好。根据公司的规划，2025 年将持续坚 | | | | | | 持聚焦主业的发展战略。公司将深入推进智慧城市和智慧医疗领 | | | | | | 域的相关产业发展，在努力确保主业增长的同时提升公司整体价 | | | | | | 值和核心竞争力。感谢您的关注。 | | | | | | 3、公司什么时候可以摘帽么？ | | | | | | 尊敬的投资者，您好。根据《深圳证券交易所创业板股票上 | | | | | | 市规则》的规定，目前，公司不存在尚未整改完毕的事项，公司 | | | | | | 将在中国证监会作出《行政处罚决定书》之日起十二个月后及时 | | | | | | 提出申请，争取尽早撤销其他风险警示。感谢您的关注。 | | | | | | 4、将要实施的平潭封关事宜对公司运营方面会在哪方面产 | | | | | | 生影响，产生什么影响？ | | | | | | 尊敬的 ...

腾讯控股(00700.HK)：截至二零二五年三月三十一日止三个月内，本公司于联交所以总代价约171亿港 元 （未计开支）购回合共42,984,000股股份。购回的股份其后已被注销。进行回购旨在长远提高股东价 值。 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [5]. Core Insights - The company has transitioned from being a virtual goods agent for telecom operators to a builder of cloud terminal platforms, with a projected revenue CAGR of 32% from 2020 to 2024, and a 45% revenue growth in Q1 2025 [1][2]. - The digital goods operation serves as a stable cash flow business, while the cloud terminal and IoT operations are expected to drive rapid growth in the second and third curves of the business [3][4]. Summary by Sections Company Overview - The company, established in 2012, has expanded its business from digital goods operations to IoT traffic operations and AI + computing operations, becoming a core technology service provider for Huawei Cloud [10][12]. - Digital goods services account for over 80% of revenue, with IoT and cloud terminal operations poised for significant growth [12][38]. Digital Goods Operations - The company integrates various digital goods and fragmented channel resources, establishing stable partnerships with telecom operators and video service providers [1][25]. - The business model is highly replicable across regions and customer segments, with a focus on online and rights-based services [47][30]. Cloud Terminal Operations - The company collaborates with Huawei and China Mobile to develop cloud phones, enhancing user experience through cloud-based computing [2][48]. - The cloud phone user base is rapidly growing, with a target of over 100 million users in three years, leading to increased revenue from shared income [2][56]. IoT Scene Operations - The company has developed IoT traffic operations and solutions, targeting various sectors with a focus on traffic operation as the core business model [3][73]. - It has established partnerships with over 500 industry clients, leveraging its technology to provide comprehensive IoT solutions [73][84]. Financial Forecast and Investment Recommendations - The company is expected to achieve net profits of 134 million, 193 million, 280 million, and 406 million yuan from 2024 to 2027, with corresponding PE ratios of 68x, 47x, 32x, and 22x [4][3]. - The report emphasizes the potential for rapid development in the second and third business curves, recommending investment based on strong growth prospects [3][4].

Core Insights - JD Group reported Q1 2025 revenue of RMB 301.1 billion, a year-on-year increase of 15.8%, with net profit attributable to ordinary shareholders at RMB 10.89 billion, up 52.73% [1] - Goldman Sachs anticipates continued revenue growth momentum for JD Retail in Q1, with a projected net profit of RMB 10.5 billion [1] - The overall earnings outlook for major stocks remains positive, driven by strong consumer spending trends and growth in AI cloud services [2] Company-Specific Insights Tencent - Tencent's Q1 revenue is expected to show a 15% increase in gaming revenue and an 18% rise in advertising revenue, with adjusted EBITDA projected at RMB 67.8 billion, a 16% year-on-year growth [4] - The company is focusing on AI-driven advertising technology upgrades and the sustainability of gaming revenue growth [5][6] Alibaba - Alibaba's Q1 forecast includes single-digit growth in GMV and a 9% increase in customer management revenue, with adjusted EBITDA expected at RMB 39 billion, a 1% year-on-year increase [7] - Key areas of focus include AI cloud revenue growth and the impact of geopolitical changes on international business [8] Pinduoduo - Pinduoduo's Q1 online marketing revenue is projected at RMB 48.9 billion, a 15% increase, while transaction commission revenue is expected to reach RMB 59.6 billion, up 34% [9] - The company faces challenges due to changes in its business model and competition from new entrants [10] Meituan - Meituan's Q1 core local commerce profit is expected to grow by 26% year-on-year, with a 13% increase in food delivery order volume [11] - The company is under scrutiny regarding its ability to maintain profit targets amid increased competition [12] JD Group - JD's Q1 retail EBITDA is projected at RMB 11.9 billion, a 28% year-on-year increase, with a profit margin of 4.7% [13] - Key considerations include the impact of its new food delivery business on overall profitability and the sustainability of revenue growth in the second half of 2025 [14]

本文参考来源：GYBrand全球品牌研究院 5月9日，GYBrand全球品牌研究院独家编制的2025年度中国最具价值品牌500强排行榜正式发布。今年上榜的500个品牌总价值达到38.12万亿人民币，较 上一年增长7.20%。 从行业数量分布来看，2025中国品牌价值500强名单涵盖了27个不同行业。其中有10个行业的入选数量≥20个，食品饮料共48个品牌上榜。 500~1000亿区间；海底捞等88个品牌价值在300~500亿区间；瑞幸咖啡等169个品牌价值位于100~300亿区间；厨邦等9个品牌价值位于百亿以下区间。 从成立时间来看，今年GYBrand中国品牌500强的平均年龄为41.5岁。 2025中国最具价值品牌500强名单中，有77家企业的品牌价值达到千亿级别。 其中，华润、茅台等18个品牌价值位于3000~5000亿区间；中粮、伊利等54个品牌价值位于1000~3000亿区间；娃哈哈、洋河等157个品牌价值位于 其中，瑞幸咖啡以8岁的"低龄"成为最年轻的上榜品牌，泸州老窖以451岁的"高龄"成为最古老的上榜品牌。 在上榜的500个品牌中，拥有百年历史的品牌共有20个，仅占4%。食品饮料行业的平均年龄相 ...

智通财经5月13日电，谷歌总裁兼首席信息官表示，正在沙特建设数据中心，并引入GPU。 ...

从行业市盈率排名来看，公司所处的互联网服务行业市盈率平均76.02倍，行业中值81.68倍，今天国际 排名第66位。 股东方面，截至2025年3月31日，今天国际股东户数29330户，较上次减少150户，户均持股市值35.28万 元，户均持股数量2.76万股。 5月12日，今天国际今日收盘11.67元，上涨1.21%，滚动市盈率PE（当前股价与前四季度每股收益总和 的比值）达到21.31倍，总市值52.90亿元。 最新一期业绩显示，2025年一季报，公司实现营业收入7.05亿元，同比-8.25%；净利润6990.99万元，同 比-28.69%，销售毛利率21.64%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)66今天国际21.3119.143.0152.90亿行业平均 76.0278.495.34121.33亿行业中值81.6885.743.9960.23亿1实达集团-22636.911583.5323.6789.53亿2航天信 息-14935.351028.941.20164.17亿3东方国信-5792.76396.651.94116.72亿4岩山科 技-2380.691044.893.443 ...

金十图示：2025年05月12日（周一）富时中国A50指数成分股今日收盘行情一览：券商、保险股走高，酿酒股飘红 保险 队 中国人保 中国太保 中国平安 咖啡 3307.95亿市值 3091.98亿市值 9578.58亿市值 8.88亿成交额 30.28亿成交额 5.02亿成交额 32.14 52.60 7.48 +0.31(+0.97%) +0.85(+1.64%) +0.03(+0.40%) 酸酒行业 贵州茅台 山西汾酒 五粮液 20155.69亿市值 2513.86亿市值 5161.37亿市值 39.68亿成交额 21.82亿成交额 7.49亿成交额 132.97 1604.50 206.06 +2.74(+1.35%) +13.32(+0.84%) +1.39(+1.06%) 半导体 北方华创 寒武纪-U 海光信息 HYGON 2332.64亿市值 2819.50亿市值 3340.07亿市值 17.35亿成交额 42.92亿成交额 16.42亿成交额 436.68 675.40 143.70 -24.60(-3.51%) -4.17(-0.95%) -0.18(-0.13%) 汽车整车 铁路公路 比亚迪 ...

Core Insights - In the first quarter of 2025, a total of 461,767 consumer complaints were received nationwide, marking a year-on-year increase of 33.33% [1] - The complaints led to the resolution of 261,218 cases, recovering economic losses amounting to 23.723 million yuan for consumers [1] - The nature of complaints showed that contract issues accounted for 26.56%, after-sales service issues for 26.07%, and quality issues for 19.67% [1] Complaint Categories - Compared to the first quarter of 2024, the proportion of complaints regarding false advertising, counterfeiting, and safety issues increased, while complaints related to quality and contract issues decreased [2] - Product-related complaints totaled 245,964, representing 53.27% of all complaints, an increase of 6.38 percentage points from the previous year [2] - Service-related complaints amounted to 190,382, accounting for 41.23% of total complaints, a decrease of 5.00 percentage points [2] Specific Product Complaints - The top five categories for product complaints were home electronics, clothing and footwear, daily goods, food, and transportation tools [2] - Compared to the first quarter of 2024, complaints regarding clothing and daily goods increased, while complaints about agricultural production materials decreased [2] Specific Service Complaints - The leading categories for service complaints included internet services, life and social services, education and training services, sales services, and cultural, entertainment, and sports services [3] - There was an increase in complaints related to financial services, cultural, entertainment, and sports services, and public facility services, while complaints about life and social services, internet services, and telecommunications services decreased [2][3]

Summary of Key Points Core Viewpoint - The Hong Kong stock market experienced significant net buying from Northbound funds, totaling HKD 40.44 billion on May 9, with notable net purchases in semiconductor stocks and consumer brands [1][4]. Group 1: Northbound Fund Activity - Northbound funds recorded a net purchase of HKD 40.44 billion, with HKD 32.46 billion from the Shanghai Stock Connect and HKD 7.98 billion from the Shenzhen Stock Connect [1]. - The most purchased stocks included Hua Hong Semiconductor (01347), Pop Mart (09992), and Meituan-W (03690) [1]. - The most sold stocks were Xiaomi Group-W (01810), Tencent (00700), and Shandong Molong (00568) [1]. Group 2: Individual Stock Performance - Hua Hong Semiconductor (01347) received a net inflow of HKD 5.16 billion, while SMIC (00981) saw a net inflow of HKD 2.01 billion [4]. - SMIC reported a net profit of HKD 1.356 billion for Q1 2025, a 166.5% year-on-year increase, but expects a revenue decline of 4% to 6% in Q2 [4]. - Pop Mart (09992) had a net inflow of HKD 2.8 billion, supported by strategic initiatives to enhance brand recognition and expand overseas [5]. - Alibaba-W (09988) experienced a net inflow of HKD 2.09 billion following a strategic partnership with Xiaohongshu [5]. - China Mobile (00941) saw a net inflow of HKD 1.75 billion, despite a slowdown in revenue and net profit growth [6]. Group 3: Selling Pressure on Certain Stocks - Xiaomi Group-W (01810) faced a net outflow of HKD 6.34 billion due to concerns over its automotive division's marketing practices [7]. - Tencent (00700) experienced a net outflow of HKD 4.38 billion, reflecting broader market sentiment [7]. - Shandong Molong (00568) had a net outflow of HKD 25.41 million following a significant share reduction by major shareholders [6].