Core Viewpoint - The "Journalist Care and Protection Plan" launched by China Ping An aims to provide support and insurance for journalists, highlighting the company's commitment to social responsibility and humanistic care for media professionals [4][6]. Group 1: Event Overview - The insurance donation ceremony for the "Journalist Care and Protection Plan" took place on June 26 at the Dazhong Media Building in Shandong [1]. - Key figures from the Shandong Provincial Journalists Association, Dazhong Media Group, and Ping An Bank attended the event, emphasizing collaboration between media and financial institutions [1]. Group 2: Statements from Leaders - Dazhong Media Group's Deputy Editor-in-Chief, Li Haiyan, emphasized the important role of journalists in society and the significance of the care plan in providing support [4]. - Wang Hongliang, Vice Chairman of the Shandong Provincial Journalists Association, highlighted the plan's role in promoting the well-being of journalists and the importance of ongoing collaboration with Ping An [6]. - Wang Jun, President of Ping An Bank Jinan Branch, reiterated the company's commitment to serving national strategies and contributing to the local economy through quality financial services [8]. Group 3: Plan Details and Impact - Zheng Xuejun, Deputy General Manager of Ping An Property Insurance Shandong Branch, described journalists as "watchers" of society and emphasized Ping An's role in providing protective financial services [10]. - During the ceremony, leaders presented exclusive insurance service cards to award-winning journalists, which is expected to motivate them to produce more quality news [12]. - The plan aligns with the spirit of the 20th National Congress of the Communist Party of China, focusing on serving the public and contributing to high-quality economic development in Shandong [12].

Core Viewpoint - Suzhou Jiyi Technology Co., Ltd. is pursuing an IPO on the Hong Kong Stock Exchange, facing declining revenue in its primary business segment of "Brand-to-Consumer Solutions" while compensating with growth in "Brand-to-Business Solutions" [1][2] Revenue and Profit Summary - Revenue from 2022 to 2024 is projected to be RMB 1.117 billion, RMB 1.356 billion, and RMB 1.400 billion, respectively, with corresponding profits of RMB 37.58 million, RMB 24.87 million, and RMB 49.82 million, indicating a low net profit margin with significant volatility [2][4] - The net profit margins for the respective years are 3.4%, 1.8%, and 3.6% [2] Business Segment Performance - The "Brand-to-Consumer Solutions" segment, which is the largest revenue source, has seen its revenue share decline from 88.5% in 2022 to 60.2% in 2024 [4][5] - The "Brand-to-Business Solutions" segment has increased its revenue share from 5.7% in 2022 to 35.3% in 2024, indicating a strategic shift [5][6] Cost Management and Profitability - In 2024, despite only a slight increase in revenue, profits doubled year-on-year due to a nearly 20% reduction in sales expenses, with employee costs and warehousing expenses decreasing by over 20% and 30%, respectively [7][10][12] - The gross profit for 2024 is projected at RMB 202.31 million, with a gross profit margin of 14.4% [8] Client Dependency - The largest client, referred to as Client A, accounted for 72.0%, 48.1%, and 38.8% of revenue from 2022 to 2024, indicating a significant dependency on this client [1][14] - Client A is likely to be JD.com, which also holds a 9.5% stake in Jiyi Technology [13][15]

消费者服务行业 超配（维持） 消费者服务行业双周报（2025/6/13-2025/6/26） 暑期旺季临近，京东正式入局酒旅 投资要点： 资料来源：iFind，东莞证券研究所 相关报告 行 业 周 报 究 证 券 研 究 报 告 本报告的风险等级为中高风险。 本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 请务必阅读末页声明。 2025 年 6 月 27 日 分析师：邓升亮 SAC 执业证书编号： S0340523050001 电话：0769-22119410 邮箱： dengshengliang@dgzq.com.cn 消费者服务（中信）指数走势 ◼ 行情回顾：2025年6月13日-2025年6月26日，中信消费者服务行业指数 整体回调0.21%，跑输同期沪深300指数约1.59个百分点。细分板块中， 旅游、酒店、教育板块回调，综合服务板块回升。行业取得正收益的上 市公司有22家，涨幅前五分别是君亭酒店、天目湖、长白山、黄山旅游、 创业黑马，取得负收益的有31家，其中跌幅前五的上市公司分别是同庆 楼、米奥会展、金陵饭店、祥源文旅、ST联合。截至2025年6月 ...

Key Points - The article emphasizes the importance of high-quality development and the need for strategic actions in response to external pressures on the economy [3][4] - It highlights the significance of domestic consumption and the potential for growth in this area, particularly through policies aimed at increasing the income of middle and low-income groups [4][5] - The article discusses the necessity of expanding high-level opening-up to counterbalance external uncertainties, including the need for financial support for foreign trade [7][9] - It points out the resilience and adaptability of Chinese enterprises in facing external challenges, showcasing examples of businesses that have successfully navigated these pressures [12][14] - The integration of domestic and foreign trade is presented as a viable strategy for companies to enhance their competitiveness and market presence [15]

点击上图▲立即报名 在6月19日、6月20日举办的第二届出海全球峰会上，华商出海产业服务联盟发布了 《2025中国企业出海与人才现状调研报告》。华商出海产业服务联盟主理人卓立， 对这份新鲜出炉的研报进行了精华解读，并分享了《中企出海人才现状与发展》主题 演讲，以下是演讲全文整理。 演讲 / 卓立 整理 / 巴九灵（微信公众号： 吴晓波频道） 出海人才的错位问题已非常紧迫 葛优在电影《天下无贼》里说过一句台词："21世纪什么最贵？人才。" 现在这句话的含金量是越来越高了，只不过我们今天在讨论人才话题的时候，很多时候是在讨论出海人才。 因为今天企业在出海过程中碰到的一个很大的问题，就是人才问题。这个问题还出现了很大的错位现象， 即出海规模急速增长，而人才缺口日益 庞大。 从国家层面的大数据来看，根据商务部发布的《2024中国对外直接投资统计公报》，从2021年至今，由中国直接投资的非金融类境外企业数量在 逐年上升，2024年同比增长幅度接近20%。 而从华商出海调研的样本数据来看，34%的企业高度依赖海外市场（海外收入占比超过60%以上），52%的出海企业海外收入占比超过40%。 再看另外一组海外营收增长的数据， ...

2024年年报显示，报告期内，四川长虹实现营业收入约1037亿元、增长6.4%；实现净利润超过7亿元， 同比增长2.3%；扣非之后净利润为4.19亿元，同比增长6.53%。 需要指出的是，家电业务是四川长虹最大的业务板块，该业务在2024年度实现收入达到450.92亿元，同 比增长15.29%。 6月26日，四川长虹(600839)2024年度股东大会在四川绵阳召开，大会吸引了数名个人投资者参与现场 会议。 其中，四川长虹电视业务累计生产约1654万台，同比增长7.33%，累计销售约1630万台，实现收入约 160.37亿元，同比增长10.27%；冰箱柜业务全年累计生产897万台、同比增长近7%，实现收入101.94亿 元、同比增长5.53%；空调业务全年累计生产1243万套、同比增长57.94%，实现收入155.53亿元、同比 增长33.23%；洗衣机业务全年产量同比增长30.99%，实现收入19.06亿元、同比增长超过32%。 在股东大会上，四川长虹股东对上市公司2024年度利润分配方案、回购股份方案等14项议案进行审议， 所有议案获得出席现场会议的股东全票通过。 回顾2024年，受地缘政治影响，内外部环 ...

世界顶级综合格斗赛事UFC（终极格斗冠军赛）26日宣布，将于8月23日在上海举办UFC格斗之夜上海 站。比赛将在位于上海徐汇区的上海体育馆举行，由上海市体育局、徐汇区人民政府主办，橙狮体育和 中国移动咪咕承办。这将是UFC在内地举办的第四场赛事，也是在中国举办的第八场赛事。根据赛程安 排，UFC格斗之夜上海站的头条主赛将由UFC轻重量级排名第12位的巴西选手强尼-沃克（Jonny Walker）对阵排名第14位的中国选手张名扬。 ...

Core Viewpoint - The successful opening of the Wuxiang Hangyang City commercial complex in Nanning, Guangxi, after five years of stagnation, highlights the effective resolution of local issues and showcases the innovative "investment + intelligence" model employed by CITIC Financial Asset Management [1][2][4]. Group 1: Project Overview - Wuxiang Hangyang City covers an area of over 130,000 square meters and is located in the financial and business service hub of Wuxiang New District, Nanning, which hosts 157 financial institutions and 7 Fortune 500 companies [2]. - The project faced a liquidity crisis leading to a halt in construction, with 70% of signed merchants withdrawing and over 1.2 billion yuan in loans at risk of default [2][3]. Group 2: Resolution Strategy - CITIC Financial Asset Management adopted a comprehensive relief plan, coordinating with local government and judicial authorities to facilitate the bankruptcy restructuring of the debtor company [2][3]. - The innovative approach combined financial support with strategic asset restructuring, effectively addressing a debt crisis of 1.285 billion yuan and enabling the project's completion [3][4]. Group 3: Economic Impact - The successful opening of Wuxiang Hangyang City has created over 1,100 jobs, resolved 33 million yuan in overdue project payments, and improved the economic landscape of the Nanning Free Trade Zone [4]. - The project has been recognized as a classic case for its innovative restructuring approach, contributing to the revitalization of the local economy and enhancing the reputation of CITIC Financial Asset Management [4][5].

天津泰达资源循环集团股份有限公司 （2005 年 5 月 13 日 2004 年度（暨第五届第一次）股东大会修订；2006 年 会修订；2013 年 6 月 21 日 2013 年第三次临时股东大会修订；2019 年 4 月 16 日 2018 年度股东大会修订；2022 年 8 月 8 日 2022 年第四次临时股东大会修订； 第四次临时股东大会修订） 第一章 总则 第一条 为健全和规范天津泰达资源循环集团股份有限公司（以下简称公司） 董事会议事和决策程序，保证公司经营、管理工作的顺利进行，根据《中华人民 共和国公司法》（以下简称《公司法》）《上市公司章程指引》《上市公司治理 准则》《上市公司独立董事管理办法》《深圳证券交易所股票上市规则》等国家 有关法律、法规和《天津泰达资源循环集团股份有限公司章程》（以下简称《公 司章程》）的有关规定，并结合公司的实际情况，制定本议事规则。 第二条 制定本议事规则的目的是规范公司董事会议事程序，提高董事会工 作效率和科学决策的水平。 第三条 董事会是公司经营管理的决策机构，维护公司和全体股东的利益， 在《公司章程》和股东会的授权范围内，负责公司发展目标和重大经营活动的决 ...

Meeting Overview - The annual general meeting of shareholders for Southern Power Grid Comprehensive Energy Co., Ltd. was held on June 25, 2025, at 15:30, with online voting available from 9:15 to 15:00 on the same day [1][2] - A total of 811 shareholders and their authorized representatives attended the meeting, representing shares totaling 139,611,527, which accounts for 3.6857% of the company's voting shares [1][2] Voting Participation - Among the attendees, 5 shareholders participated in the on-site meeting, while 806 shareholders voted online [1][2] - The participation of small and medium shareholders was noted, with 807 representatives voting, also representing 139,611,627 shares, maintaining the same percentage of 3.6857% [2] Proposal Voting Results - The voting method combined on-site and online voting [2] - The total votes for various proposals were as follows: - Proposal 1: 2,909,333,039 votes in favor, representing the total valid voting shares [2] - Proposal 2: 2,909,323,239 votes in favor [2] - Proposal 3: 2,909,314,739 votes in favor [2] - Proposal 4: 2,909,101,539 votes in favor [2] - Small investor voting results indicated 136,980,327 votes in favor, accounting for 1.7538% of the valid voting shares from small shareholders [2] Legal Compliance - The meeting's procedures, proposals, and voting results were confirmed to comply with relevant Chinese laws and the company's articles of association, ensuring the legality and validity of the resolutions passed [4]