格隆汇9月2日丨洽洽食品(002557.SZ)公布，截至2025年8月31日，公司通过股份回购专用证券账户以集 中竞价方式回购公司股份1,033,192股，占公司目前总股本的0.204%，最高成交价为29.53元/股，最低成 交价为21.43元/股，成交总金额为2718.91万元(不含交易费用)。 ...

Quantitative Models and Construction Methods - **Model Name**: Expected High Dividend Portfolio **Model Construction Idea**: The model aims to construct a portfolio with high expected dividend yield by leveraging historical dividend data, fundamental indicators, and short-term factors like reversal and profitability[5][10][16] **Model Construction Process**: 1. **Dividend Yield Calculation**: - Phase 1: Calculate dividend yield based on annual report profit distribution announcements - Phase 2: Predict and calculate dividend yield using historical dividend data and fundamental indicators[5][10] 2. **Screening Process**: - Exclude suspended and limit-up stocks from the CSI 300 constituents[15] - Remove the top 20% of stocks with the highest short-term momentum (21-day cumulative return)[15] - Exclude stocks with declining profitability (quarterly net profit YoY growth < 0)[15] 3. **Final Selection**: - Rank the remaining stocks by expected dividend yield - Select the top 30 stocks with the highest expected dividend yield and construct an equally weighted portfolio[11] **Model Evaluation**: The model demonstrates strong historical performance with significant excess returns and controlled drawdowns, making it a robust strategy for high-dividend stock selection[13] Model Backtesting Results - **Expected High Dividend Portfolio**: - Cumulative Return: 358.90% - Cumulative Excess Return (vs CSI 300 Total Return Index): 107.44% - Annualized Excess Return: 8.87% - Maximum Rolling 1-Year Drawdown of Excess Return: 12.26% - Monthly Excess Win Rate: 60.19%[13] Quantitative Factors and Construction Methods - **Factor Name**: Expected Dividend Yield Factor **Factor Construction Idea**: Predict future dividend yield by combining historical dividend data, fundamental indicators, and short-term influencing factors[5][16] **Factor Construction Process**: 1. Calculate historical dividend yield based on profit distribution announcements[5][10] 2. Predict future dividend yield using fundamental indicators and historical dividend patterns[5][10] 3. Incorporate two short-term factors: - **Reversal Factor**: Accounts for short-term price reversals - **Profitability Factor**: Reflects the company's earnings performance[5][16] **Factor Evaluation**: The factor effectively identifies high-dividend stocks and serves as a reliable input for portfolio construction[16] - **Factor Name**: Red Dividend Timing Framework (Composite Signal) **Factor Construction Idea**: Combines multiple single-factor signals to assess the market's outlook on dividend stocks[25][28] **Factor Construction Process**: 1. Evaluate five single-factor signals: - **Inflation**: PPI YoY (High/Low) - **Liquidity**: M2 YoY (High/Low) - **M1-M2 Gap**: Scissors Difference (High/Low) - **Interest Rate**: US 10-Year Treasury Yield (High/Low) - **Market Sentiment**: Dividend Stock Turnover Ratio (Up/Down)[28] 2. Assign binary signals (1 for bullish, 0 for bearish) to each factor 3. Aggregate the signals into a composite indicator[28] **Factor Evaluation**: The framework provides a systematic approach to timing dividend stock investments, though the September 2025 signal suggests a cautious stance[25][28] Factor Backtesting Results - **Expected Dividend Yield Factor**: - August 2025 Portfolio Average Return: 5.69% - Excess Return (vs CSI 300 Index): -4.80% - Excess Return (vs CSI Dividend Index): +4.70%[5][16] - **Red Dividend Timing Framework (Composite Signal)**: - Latest Signal (September 2025): 0 (Neutral)[25][28]

9月2日，立高食品大宗交易成交177.34万股，成交额8339.87万元，占当日总成交额的29.13%，成交均 价47.03元，较市场收盘价49.81元折价5.59%，其中最高成交价48.81元，最低成交价45.33元。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) (万元) | | | | | 2025-09-02 | 300973 | 立高食品 | 48.81 | 21.65 | 1.056.74 机构专用 | | 中信证券华南股份 | | | | | | | | | 有限公司广州琶洲 | | | | | | | | | 宸悦路证券营业部 | | 2025-09-02 | 300973 | 立高食品 | 48.81 | 21.00 | 1,025.01 机构专用 | | 中信证券华南股份 | | | | | | | | | 有限公司广州琶洲 | | | | | | | | | 宸悦路证券营业部 ...

| 索 引 号: | 113401020996120065-202508-00028 | 信息分类： | 食品药品监督抽检信息 | | --- | --- | --- | --- | | 发布机构： | 瑶海区市场监督管理局 | 生成日期： | 2025-08-29 | | 文 号: | | 有效性: | 有效 | | 生效时间 : | 有效 | 废止时间 : | 暂无 | | 称: ਸਮ | 合肥市瑶海区市场监督管理局关于公布2025年第31期食品 监督抽检信息的通告 | 失效时间 : | 暂无 | | 关键词: | | | | 合肥市瑶海区市场监督管理局关于公布2025年第31期食品监督抽检信息的通告_瑶海区市场监督管理局合肥市瑶海区市场监督管理局关于 公布2025年第31期食品监督抽检信息的通告 合肥市瑶海区市场监督管理局 2025年8月29日 | 监督抽检产品合格信息 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序 | | | | 被抽样 | | | 生产 | | | | 标称生 ...

Market Overview - On September 2, the food processing sector declined by 0.3% compared to the previous trading day, with Xianle Health leading the decline [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - The following stocks in the food processing sector showed notable performance: - ST Chuntian (600381) closed at 5.48, up 4.98% with a trading volume of 242,300 shares and a turnover of 132 million yuan [1] - Gai Shi Food (836826) closed at 14.23, up 4.10% with a trading volume of 157,300 shares and a turnover of 223 million yuan [1] - Huadong Co. (002840) closed at 11.39, up 3.17% with a trading volume of 348,600 shares and a turnover of 395 million yuan [1] - Xianle Health (300791) closed at 24.77, down 2.94% with a trading volume of 49,100 shares and a turnover of 123 million yuan [2] Capital Flow - The food processing sector experienced a net outflow of 77.54 million yuan from institutional funds, while retail investors saw a net inflow of 127 million yuan [2]

Core Viewpoint - Nestlé has experienced a second CEO change within a year, reflecting deeper governance challenges amid performance pressures, with the recent dismissal of CEO Laurent Freixe due to a violation of the company's code of conduct related to an office romance [1][2][4]. Group 1: CEO Transition - Laurent Freixe was appointed CEO in August 2022, succeeding Mark Schneider, and was expected to lead the company through challenges [2]. - Freixe's tenure included significant organizational changes, such as restructuring the company into three major regions from five by 2025, and acquiring the remaining 40% stake in Chinese brand Xu Fu Ji [2][4]. - Philipp Navratil, the new CEO, has been with Nestlé since 2001 and has led the global coffee strategy and Starbucks collaboration since 2020 [3][4]. Group 2: Governance and Strategic Challenges - The rapid CEO changes may disrupt long-term strategic plans, particularly in emerging markets, product innovation, and sustainability [4]. - Frequent leadership turnover can create instability among employees and affect execution efficiency, especially within mid-level management [4]. - Investor confidence may be impacted due to the instability in leadership, potentially leading to increased short-term stock price volatility [4]. Group 3: Performance Pressure - Nestlé's half-year report for 2025 indicated sales of CHF 44.23 billion, with organic growth at 2.9%, but actual internal growth declined by 0.4%, and net profit fell from CHF 5.64 billion to CHF 5.06 billion, a 10.3% year-on-year decrease [4]. - Consumer resistance to price increases, particularly in Europe and the U.S., has become a critical factor in purchasing decisions amid inflationary pressures [4]. Group 4: Strategic Focus for New CEO - Navratil is expected to implement a multi-faceted approach to reverse the performance decline, including adjusting pricing strategies, enhancing innovation and digitalization, and focusing on emerging markets [5][6]. - The strategy may involve product tiering to address consumer price sensitivity and accelerating the development of health-focused and functional products [6]. - Balancing resource allocation across diverse product lines while addressing growth bottlenecks in non-coffee segments will be crucial for Nestlé's recovery [6].

每经AI快讯，天味食品（SH 603317，收盘价：12.02元）9月2日晚间发布公告称，截至2025年8月31 日，公司已累计回购股份数量约109万股，占公司目前总股本比例为0.1024%，成交最高价为12.26元/ 股、最低价为11.47元/股，已支付的总金额约为1278万元。 2024年1至12月份，天味食品的营业收入构成为：食品占比99.83%，其他业务占比0.17%。 每经头条（nbdtoutiao）——人口流失、土地闲置的城市要不要撤并？专访国家发改委专家高国力：未 来不排除，目前没到这阶段 （记者 曾健辉） 截至发稿，天味食品市值为128亿元。 ...

齐鲁晚报.齐鲁壹点王贝艺 9月2日，济南市召开"深入实施工业强市发展战略"主题系列新闻发布会——商河县专场。 商河县产业发展也正积蓄新动能。近三年来，商河县滚动实施重点工业项目158个，红日药业 （300026）、华工激光等一批项目建成投产，宏济堂制药、马世基汽车线束等一批项目加快建设，恒瑞 医药（600276）、鸿天服装等一批项目签约落地。 据介绍，近年来，商河县坚持把工业经济作为"头号工程"，产业能级不断提升，规模总量迈上新台阶。 2024年，商河县工业对GDP增长的贡献率达到32.5%，成为拉动经济增长的第一动力。 同时，商河县企业实力得到新增强，产值过亿元企业增长至51家，力诺药包（301188）和金沙河面业产 值相继超10亿元，法瑞钠焊接器材获评国家级专精特新重点"小巨人"企业，力诺药包、科源制药 （301281）成功上市。 ...

（文章来源：证券日报） 证券日报网讯龙大美食9月2日在互动平台回答投资者提问时表示，公司高度重视品牌形象建设，并于 2024年7月发布全新品牌IP"发发龙"，该形象有助于提升品牌辨识度与消费者情感联结，并通过多元化 传播形式增强品牌活力。公司将持续优化品牌视觉体系，确保其与战略发展方向相匹配。目前，公司主 要聚焦于食品主体业务，产品涵盖预制食材、半成品及成品三大品类，主要服务于B端大客户如大型餐 饮连锁店、食品加工工厂、大型商超及C端消费者。公司现有产品包括肥肠系列、烤肠系列、酥肉系 列、培根系列等，目前尚未涉及宠物食品领域。公司将基于市场需求、研发能力及战略规划，审慎评估 新品类开发的可行性。 ...

税务干部结合食品加工行业特点，围绕企业最关心的农产品收购发票开具规范、进项税额抵扣流程等行业政策进 行详细讲解，也针对企业适用的小微企业普惠性税收减免、研发费用加计扣除等政策进行"掰开揉碎"式说明，确 保企业负责人和财务人员"听得懂、用得上"。同时针对企业提出的发票申领开具、纳税申报填报、税收风险防控 等实操问题，税务干部手把手指导财务人员完成申报表单填写、发票验旧领新等流程，帮助企业攻克"操作难 关"。 "这次辅导太及时、太实用了!"贵州三德食品科技有限公司财务负责人黄爱国感慨道，"我们作为食品加工企业， 之前一直对农产品抵扣的细节和申报操作有疑问，税务干部不仅帮我们理清了政策要点，还教会了我们用'征纳互 动'模块随时咨询，现在办税效率大大提高，能让我们把更多精力放在产品研发和市场拓展上，发展信心更足了!" 下一步，三都县税务局将持续深化"便民办税春风行动"，聚焦辖区特色产业和重点企业，常态化开展"送政策、解 难题、优服务"活动，推动税收优惠政策精准滴灌、直达快享，为企业合规经营保驾护航。(文/图 李晶晶) 税务人员为企业送上专属税惠礼包。 为持续优化税收营商环境，国家税务总局三都水族自治县税务局(以下简称 ...