关税和国际贸易不确定性飙升 美国4月就业大幅放缓 金十数据4月30日讯，ADP周三报告称，公司在4月份大幅放缓招聘，以应对特朗普总统对美国贸易伙伴 征收关税的潜在影响。私营部门当月就业人数仅增加6.2万人，为2024年7月以来的最小增幅，原因是关 税实施程度及招聘计划和经济状况所受影响的不确定性加剧。工资涨幅也出现了倒退，没换工作的群体 工资同比增长4.5%，较3月份减少0.1个百分点。然而，换工作的人增加到6.9%，上升了0.2个百分点。 从行业角度来看，休闲和酒店业增幅最大，增加2.7万个就业岗位。其他出现增长的行业还包括贸易、 运输和公用事业（2.1万）、金融活动（2万）和建筑（1.6万）。教育和卫生服务岗位减少2.3万个，信 息服务岗位减少8000个。 ...

分区域看，2024 年内销实现收入 23.94 亿元，同比增加 0.96%；外销 实现收入 4.51 亿元，同比增长 46.69%，主要原因系泰国豪悦营业收 入大幅提升所致。 事件：豪悦护理发布 2024 年报。24A 公司实现营业收入 29.29 亿元， 同比增长 6.25%；归母净利润 3.88 亿元，同比下降 11.65%；扣非后 归母净利润 3.76 亿元，同比下降 11.10%。24Q4 公司实现营业收入 8.88 亿元，同比增长 30.19%；归母净利润 0.93 亿元，同比下降 27.55%；扣非后归母净利润 0.88 亿元，同比下降 33.55%。 婴儿卫生用品销量增长，外销收入大幅提升 分品类看，2024 年公司婴儿卫生用品、成人卫生用品、其他产品分别 实现收入 20.60/5.52/2.32 亿元，同比增长 4.3%/-0.5%/57.6%。从 量价拆分来看，24 年婴儿卫生用品、成人卫生用品的销量分别为 30.44、7.35 亿片，分别同比增长 12.3%、8.4%，公司根据客户需求 以销定产模式进行生产，因业务增加使婴儿卫生用品生产量和销售量 增长；单片均价分别为 0.68、0.75 ...

Group 1 - The core viewpoint of the article is that Aisheren Medical Technology Group Co., Ltd. is in the process of applying for public stock issuance and listing on the Beijing Stock Exchange, with a focus on disposable medical consumables in rehabilitation care and medical protection [2] - Aisheren's product range includes rehabilitation care products and surgical infection control products, providing various medical dressing products such as medical care pads, ice bags, surgical gowns, surgical drapes, and surgical combination packs [2] - The company's revenue from 2021 to 2023 has shown slight growth, with figures of 573 million yuan, 574 million yuan, and 575 million yuan respectively, while net profits have fluctuated, recorded at approximately 99.88 million yuan, 62.80 million yuan, and 66.94 million yuan [2][3] Group 2 - As of December 31, 2023, Aisheren's total assets amounted to approximately 860.62 million yuan, with total equity of about 649.53 million yuan, indicating growth from previous years [3] - The company's asset-liability ratio has improved significantly from 36.58% in 2021 to 21.96% in 2023, reflecting a stronger financial position [3] - The gross profit margin for 2023 was reported at 23.17%, showing a slight increase from 22.21% in 2022, while the net profit margin has also improved [3] Group 3 - Aisheren is classified under "C2770 Manufacturing of Health Materials and Medical Supplies" according to the National Economic Industry Classification [4] - The company is required by the Beijing Stock Exchange to provide a detailed comparison of its products with those of major competitors, including justifications for the selection of comparable companies and the relevance of chosen performance indicators [4] - Aisheren must also clarify the competitive advantages of its products compared to domestic and international competitors, focusing on research and development investments, outcomes, and product innovation [5]

Core Viewpoint - Guangdong has officially launched the "Mental Health Service Year" initiative, aiming to enhance mental health services across the province by 2027, with specific targets for clinical psychological outpatient coverage and children's mental health services [1] Group 1: Implementation Plan - The implementation plan includes achieving full coverage of clinical psychological outpatient services in counties by the end of 2025 and increasing the opening rate of children's mental health outpatient services to over 60% by 2025, further raising it to 70% by 2027 [1] - By 2025, the initiative aims to fill the gap in public psychiatric bed availability in counties with populations exceeding 300,000 [1] Group 2: Current Status of Mental Health Services - Guangdong currently has 1,229 mental health medical institutions, with public psychiatric hospitals established in all 21 cities, and several hospitals achieving A-level performance in national assessments [1] - There are 594 medical institutions with psychological outpatient services and 105 with sleep outpatient services, indicating a steady improvement in service capacity and resource distribution [1] Group 3: Focus on Resource Distribution - The initiative will focus on the development of mental health regional sub-centers in major urban areas, enhancing collaboration mechanisms to promote balanced distribution of quality mental health resources [2] - Special attention will be given to the health management and service guarantees for key populations, including children and adolescents, with an emphasis on individualized and precise health services [2]

Core Viewpoint - Xu Anping, a prominent expert in nephrology, was awarded the "Labor Model of Guangdong Province" for his significant contributions to grassroots medical reform and healthcare improvement in Hai Feng County [6][47]. Group 1: Recognition and Achievements - The award ceremony for the "Labor Model" took place on April 29, 2025, in Guangzhou [2]. - Xu Anping has dedicated over 40 years to the field of nephrology and has held various prestigious positions, including being the head of the nephrology department at Sun Yat-sen University [8][9]. - He has received multiple accolades, including "Outstanding Communist Party Member" and "Good Doctor of Yangcheng" [10]. Group 2: Contributions to Healthcare - In 2022, Xu Anping transitioned from a major hospital to Hai Feng County to lead the Pengpai Memorial Hospital, focusing on grassroots healthcare support [11][12]. - Under his leadership, the hospital saw a surge in patient visits, with over 700,000 outpatient and emergency visits and a 46.95% increase in surgeries [23]. - The hospital's bed occupancy rate improved from 43% to 85%, and it successfully turned around years of financial losses in 2023 [26][27]. Group 3: Research and Development - Xu Anping has made significant contributions to research in kidney injury mediated by immunity and inflammation, with over 80 professional papers published [16][17]. - His team has been recognized with several honors, including the National Key Discipline and Guangdong Provincial Clinical Key Specialty [19]. Group 4: Management and Leadership - Xu Anping implemented a "Party Building + Business" integration model to enhance hospital management and governance [33]. - He emphasized the importance of political integrity and effective leadership in building a competent management team [34]. - Initiatives such as "no-holiday" medical services and a green channel for medical treatment have significantly improved patient satisfaction [37]. Group 5: Talent Development - Xu Anping's "Talent Strong Hospital" strategy led to the recruitment of over 170 specialized technical personnel, forming a robust local talent team [40]. - The hospital has become a core provider of emergency services for critical conditions in the region, enhancing healthcare accessibility for local residents [42][44].

Core Viewpoint - The Shandong provincial government aims to enhance health management across all life stages, targeting improvements in health literacy, chronic disease mortality rates, and life expectancy by 2030 [2][3][4]. Group 1: Health Management Initiatives - The plan includes targeted health management actions for key demographics such as pregnant women, children, adolescents, working populations, and the elderly [3][4]. - By 2025, all secondary and higher medical institutions in Shandong are expected to provide early pregnancy care services [3]. - The health education curriculum in schools will include a minimum of 4 health education classes per semester, with a goal of achieving a 60% fitness standard among students by 2030 [3][4]. Group 2: Elderly Care and Facilities - The initiative supports the transformation of certain medical institutions into elderly care facilities, with a target of adding 100 new integrated care institutions by 2025 [4]. - By 2030, every county is expected to have at least one rehabilitation or nursing hospital, and 90% of secondary hospitals will establish standardized geriatric departments [4]. Group 3: Community and School Health Programs - Shandong plans to implement comprehensive health management in rural and community settings, promoting weight management and dietary interventions [5]. - Schools will establish psychological counseling services to ensure full coverage, and students will engage in at least 2 hours of physical activity daily [5][6]. Group 4: Chronic Disease Management and Prevention - The province aims to reduce the premature death rate from major chronic diseases to below 12% by 2025 and below 11% by 2030 [6][7]. - A focus on weight management clinics and obesity prevention centers will be established in secondary and higher medical institutions, with a goal of 100% service coverage by 2030 [7]. Group 5: Health Technology and Innovation - The initiative promotes the use of personal electronic vaccination records and aims for full coverage by 2025, maintaining a vaccination rate of over 92% for eligible children [7]. - The establishment of exercise promotion centers in communities is also part of the strategy to enhance public health [7].

事件：公司发布2024 年年报及2025 年一季报，2024 年，公司实现营业收入39.14 亿元，同比下降 0.74%；实现归母净利润2.89 亿元，同比下降9%。2025 年一季度，公司实现营业收入9.36 亿元，同比 下降4%；实现归母净利润0.68 亿元，同比下降30%。 核心观点： 公司业绩稳健，扣非净利实现正增长，经营性现金流大幅改善。2024 年，公司营业收入为39.14 亿元， 归母净利润2.89 亿元，扣非归母净利润3.09 亿元，扣非归母净利润实现同比正增长。公司整体毛利率为 26.86%，同比提升0.82 个百分点，主要得益于核心业务城乡环卫保洁毛利率的提升。经营活动产生的 现金流量净额实现1.58 亿元，同比大幅增长98%，主要系购买商品、接受劳务支付的现金减少所致。 2025 年一季度，公司实现营业收入9.36 亿元，归母净利润0.68 亿元，扣非后归母净利润0.70 亿元，均 同比有所下滑。 城乡环卫保洁业务为基石，新增订单稳步获取，区域结构持续优化。分业务看，城乡环卫保洁业务实现 收入37.26 亿元，占总收入比重95.18%，同比微降1%，但毛利率同比提升1.42 个百分点至2 ...

一、报告期内门店变动情况 | 股票代码：600272 | 股票简称：开开实业 | | | | 编号：2025—025 | | --- | --- | --- | --- | --- | --- | | 900943 | | 开开 | B | 股 | | 上海开开实业股份有限公司 2025 年一季度主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 上海开开实业股份有限公司（以下简称"公司"）根据《上海证券 交易所上市公司自律监管指引第 3 号—行业信息披露》附件《第四号 —零售》《关于做好主板上市公司 2025 年第一季度报告披露工作的重 要提醒》等有关规定的要求，现将公司 2025 年一季度主要经营数据 披露如下： 单位：万元 币种：人民币 分行业 营业收入 营业收入 比同期增 减(%) 营业成本 营业成本 比同期增 减(%) 毛利率 (%) 毛利率比同期增减 (%) 批发业 19,429.27 32.61 16,432.60 34.56 15.42 减少 1.23 个百分点 零售业 4,289.33 -2 ...

Core Viewpoint - Qiaoyin Co., Ltd. has demonstrated significant financial improvement and strategic transformation, positioning itself for future growth in the urban services sector [1][2][3] Financial Performance - In 2024, Qiaoyin Co., Ltd. achieved a net profit of 309 million yuan, reflecting a year-on-year growth of 1.12% [1] - The company's cash flow from operating activities increased by 98.29% year-on-year, indicating improved liquidity [1] - Gross profit margin has steadily risen for five consecutive years, from 23.93% in 2020 to 26.86% in 2024 [1] - The "three expenses" ratio decreased by 0.88% to 13.23%, showcasing enhanced cost control capabilities [1] - Total assets and equity attributable to shareholders increased compared to the beginning of the period, reinforcing the company's industry position [1] Business Expansion and Strategy - Qiaoyin Co., Ltd. is accelerating its transformation into a "smart city steward," expanding its business into multiple sectors including property management, AI equipment, technology services, and recycling [2] - The company has added six key cities, including Chongqing and Ordos, with a total of 42 billion yuan in pending orders by the end of 2024, indicating strong sustainable development capabilities [2] - Qiaoyin Co., Ltd. is focusing on traditional business while also promoting a business integration strategy, with property management and recycling becoming new growth drivers [2] - The company is exploring a collaborative model of "urban services + AI + recycling," contributing to the construction of a green low-carbon circular economy [2] Technological Investment and Innovation - Qiaoyin Co., Ltd. has invested a total of 87.89 million yuan in R&D over the past two years [2] - The establishment of Qiaoyin Smart City Research Institute and the launch of autonomous driving robots in key cities demonstrate the company's commitment to technological advancement [2] - The upgraded smart sanitation system has improved operational efficiency while reducing labor costs, earning recognition through technology advancement awards [2] Industry Outlook - The urban services industry is poised for new opportunities with the advancement of the national "AI+" initiative and debt reduction policies [3] - Qiaoyin Co., Ltd. aims to leverage its technological accumulation, scale advantages, and strategic foresight to further solidify its leading position in the industry [3] - The company is focused on driving the transformation of urban services towards intelligence, low carbon, and cloud integration, enhancing urban development and residents' quality of life [3]

有业内分析师指出，侨银股份通过前瞻性布局数智化赛道，已构建起"技术－效率－市场"的良性循环， 其转型路径为传统服务型企业转型升级提供了可借鉴范本。随着数智城市服务需求的持续释放，公司有 望在行业集中度提升过程中占据先发优势。 从官网处获悉，近年来侨银股份深刻把握数智革命机遇，以人工智能为引擎，推动"AI全维度全场景赋 能城市综合管理服务"，形成"天、空、地、水、生活、生产"一体化城市数智管理作业体系，数字化转 型降本成效显著，研发成果迭出。年报显示，近两年侨银股份相关研发费用已累计投入8789万元。 依托数智化底座，侨银股份正加速构建"城市服务生态圈"。2024年，侨银股份业务版图新增物业综合管 理、再生资源循环利用、人工智能装备、科技服务等多个板块，形成"服务+科技+资源"三位一体的新 型业务架构，进一步深化产业链协同效应，业务版图方面更新增了重庆、鄂尔多斯、临沂、无锡等6大 重点城市。至2024年末，公司在手待执行订单已达420亿元，可持续发展能力强劲。 4月29日，侨银股份发布2024年年报，交出一份稳中有进的成绩单：公司全年实现营业收入39.14亿元； 实现扣非归母净利润3.09亿元，同比增长1.12 ...