Economic Overview - In the first half of 2025, the GDP of 31 provinces in China has been released, with Guangdong, Jiangsu, and Shandong remaining the top three economic provinces [1] - The national GDP growth rate for the first half of 2025 is reported at 5.3%, with 20 provinces exceeding this growth rate [1][2] Provincial Performance - Tibet leads the growth with a GDP increase of 7.2%, followed by Gansu at 6.3% and Hubei at 6.2% [2][20][23] - Guangdong's GDP growth is reported at 4.2%, placing it among the lowest in the country, with significant declines in fixed asset investment and exports [26][27] - Sichuan's GDP reached 31,918.2 million yuan, growing by 5.6%, driven primarily by the service sector [8] - Shanghai's GDP grew by 5.1%, with the information service sector contributing significantly to this growth [5][6] Sector Contributions - The service industry remains the main driver of Shanghai's economy, accounting for 79.1% of its GDP, with information services growing by 14.6% [5][6] - In Gansu, the industrial sector saw a notable increase, with a 10.2% growth in industrial output, making it one of the few provinces with double-digit growth [20][21] - Hubei's high-tech manufacturing sector also performed well, with a 14.4% increase in output [23] Investment and Trade - Gansu's foreign trade showed strong growth, with a 33.8% increase in total trade value, significantly higher than the national average [21] - Guangdong's export growth was only 1.1%, indicating challenges in the external trade environment [26] - Fixed asset investment in Guangdong decreased by 9.7%, the largest decline in the country, primarily due to a drop in real estate investment [27][30] Challenges and Future Outlook - The economic performance of provinces like Liaoning and Yunnan remains below the national average, with growth rates of 4.7% and 4.4% respectively [12][14] - The ongoing challenges in traditional industries and the need for structural adjustments are highlighted in provinces like Liaoning [13] - The economic outlook for provinces like Hubei appears positive, with expectations to meet the annual growth target of 6% [24]

Economic Growth - Shanghai's GDP grew by 5.1% year-on-year in the first half of 2023, reaching 26,222.15 billion yuan, surpassing the annual growth target of 5% [1] - The information services sector was the largest contributor to Shanghai's economic growth, with an increase of 14.6% year-on-year, accounting for nearly one-seventh of the GDP [1][2] Service Industry Performance - The service sector's contribution to Shanghai's GDP has been increasing, with its share rising from 74.1% in 2022 to 78.2% in 2024 [2] - The third industry saw a value-added growth of 5.4% in the first half of the year, reaching a record share of 79.1% of GDP [2] - The financial sector also performed well, with a value-added increase of 8.8%, totaling 4,500.81 billion yuan [2] Information Services Sector - The information services sector's revenue grew by 20.4% year-on-year, outpacing the national average by 6.1 percentage points [3] - The sector contributed 1.7 percentage points to GDP growth, marking it as the largest contributor among all industries [2][3] - The rise of platform economies and advancements in artificial intelligence are driving rapid growth in the information services sector [3] Industrial Growth - Shanghai's industrial output value increased by 5.6% year-on-year, reaching its highest level in nearly two years [4][5] - Strategic emerging industries, including integrated circuits and artificial intelligence, saw growth rates of 11.7% and 12.3%, respectively [4] - New-generation information technology industries grew by 13.9%, while new energy and high-end equipment industries grew by 12.5% and 10.7%, respectively [5] Foreign Trade - Shanghai's foreign trade showed resilience, with total imports and exports reaching 21,500 billion yuan, a year-on-year increase of 2.4% [7] - The second quarter saw a significant rebound in foreign trade, achieving a record high of 11,400 billion yuan, with a growth rate of 7.2% [7][8] - High-tech product exports accounted for about one-fourth of the total exports, with notable growth in sectors like biomedicine and electric vehicles [8]

Economic Overview - Ningbo achieved a GDP of 886.1 billion yuan in the first half of the year, with a year-on-year growth of 5.1% [1] - The contribution rates to GDP growth from the primary, secondary, and tertiary industries were 1.6%, 39.3%, and 59.1% respectively [1] Sector Performance - Agricultural production value increased by 3.7% to 20.47 billion yuan [1] - Industrial output value rose by 5.7% [1] - Service sector value grew by 5.6%, accelerating by 0.3 percentage points compared to the first quarter [1] Investment and Consumption - Fixed asset investment, excluding real estate, grew by 7.9%, with infrastructure investment surging by 24.0% [2] - Social retail sales totaled 269.77 billion yuan, marking a 2.2% increase, up 1.5 percentage points from the first quarter [1] Trade and Export - Total import and export value reached 721.8 billion yuan, a 6.1% increase, with exports at 490.44 billion yuan, growing by 10.1% [2] - Private enterprises accounted for 77.5% of total imports and exports, amounting to 559.24 billion yuan, with an 8.8% growth [4] Emerging Industries - 25 out of 36 industrial sectors reported growth, with key sectors like instrumentation and petroleum processing growing by 23.4% and 13.8% respectively [3] - High-tech industries saw a value increase of 13.1%, while digital economy and equipment manufacturing grew by 7.7% and 6.5% respectively [3] Port Activity - Ningbo port handled 353 million tons of cargo, a 1.0% increase, and container throughput reached 18.889 million TEUs, growing by 7.9% [4]

Economic Performance - Beijing's GDP reached 25,029.2 billion yuan in the first half of the year, with a year-on-year growth of 5.5% [2][3] - Fixed asset investment increased by 14.1% year-on-year, while total market consumption grew by 0.9%, with service consumption rising by 4.7% [2] - The average urban unemployment rate was 4.1%, and per capita disposable income was 45,144 yuan, reflecting a real growth of 5.1% [3] Technological and Industrial Development - The city is focusing on strengthening basic research and key core technology breakthroughs, with 29 major technological achievements announced at the Zhongguancun Forum [2] - The value added of the information service industry, financial industry, and industrial sector grew by 11.1%, 8.1%, and 6.9% respectively, contributing a combined 87% to economic growth [2] - The first batch of 132 key laboratories in Beijing has been launched, and significant advancements in technology have been made, including the successful launch of the "North Brain No. 1" intelligent brain-machine system [4] Infrastructure and Urban Development - The remaining sections of Metro Line 17 and the southern extension of Line 6 are set to open, along with the completion of the Chengping and Jingping expressway expansion projects [7][8] - The city is actively promoting the construction of community-based childcare and elderly care facilities, with 45 such projects underway [3] - The first batch of four "Double First-Class" universities has begun construction in the Xiong'an New Area, supporting the coordinated development of the Beijing-Tianjin-Hebei region [5][6] Policy and Regulatory Framework - Beijing plans to deepen reforms in key areas, including the establishment of a mechanism for implementing policies that support the private economy [4][7] - The city will introduce a market access efficiency evaluation implementation plan and a new negative list for market access [7] - A comprehensive regulatory platform has been launched, with non-site inspections accounting for 67.9% of total inspections, aiming to reduce unnecessary disruptions to businesses [4][7]

Economic Growth - Shandong's GDP grew by 5.6% in the first half of the year, surpassing the target of 5% set by the provincial government [3] - The growth is attributed to a comprehensive approach to economic development, focusing on agriculture, industry, and services [1][2] Agriculture - Shandong achieved a summer grain yield of 452.8 kg per mu, ranking first in the country, with a total production of 54.74 billion jin, an increase of 4.1 billion jin year-on-year [1] - The province has established high-standard farmland demonstration zones, contributing to a stable coverage rate of improved crop varieties at over 98% by the end of 2024 [1] Industry - The province is implementing a major industrial economic initiative, aiming for over 60% of advanced capacity in key industries by 2027 [2] - Efforts are being made to enhance the modern industrial system and promote high-quality development [2] Services - Shandong is focusing on developing modern service industries, including information services and logistics cost reduction initiatives [2] - The government is promoting the growth of leading wholesale and retail enterprises [2] Investment and Consumption - The provincial government plans to launch 15,000 key projects and around 4,000 annual projects to support investment and growth [2] - Initiatives to boost consumption include the "2025 New Year Consumption Season" and a comprehensive plan to stimulate consumer spending [2] Foreign Trade - Shandong is actively promoting its products in global markets, exporting to 242 countries and regions, an increase of 10 compared to the previous year [3] - The province is diversifying its export markets and enhancing the "Shandong Good Products" brand [3]

Group 1 - The Inclusive Finance Prosperity Index reached 49.03 points in June 2025, an increase of 0.07 points from May, indicating a continued recovery in the financing sector and stable support from finance to the real economy [1] - The financing prosperity index was 54.47 points in June, up 0.53 points month-on-month, driven by the implementation of employment and economic stability policies, which improved social expectations and released effective credit demand [1] - The operating prosperity index for small and micro enterprises was 47.96 points in June, a slight decrease of 0.04 points from May, with the operating performance index for small and micro enterprises dropping by 0.23 points [1] Group 2 - Among nine major industries, four showed an upward trend while five experienced a decline in operating prosperity in June, with wholesale and retail, information services, real estate, and social services showing signs of recovery [1] - The prosperity index for seven major regions showed three increases and four decreases, with North China, Central China, and Southwest regions seeing improvements, scoring 45.72, 46.39, and 47.51 points respectively [2] - The Inclusive Finance Prosperity Index is jointly launched by several organizations, including the China Economic Information Service and the China Banking Association, with participation from various banks [2]

Economic Overview - Sichuan's GDP grew by 5.6% year-on-year in the first half of 2025, with an acceleration of 0.1 percentage points compared to the first quarter [1] - Key economic indicators such as primary industry value added, industrial value added, service industry value added, and retail sales of consumer goods all showed increased growth rates compared to the first quarter [1] Industry Development - The province is enhancing six major advantageous industries and building a modern industrial system, with stable production in grain and oil, and sufficient supply of major agricultural and livestock products [2] - Natural gas production reached a historical high with an 11.5% year-on-year increase, while hydropower generation grew by 5.1% [2] - The manufacturing sector is experiencing high-quality development, with value added in the automotive manufacturing and electronic information industries maintaining double-digit growth [2] New Growth Drivers - High-tech manufacturing investment rose by 10.2% year-on-year, with value added increasing by 13.1%, leading the province's industrial growth [3] - Significant growth in the green transition, with value added in the battery, new energy vehicle, and vanadium-titanium industries increasing by 36.5%, 11.0%, and 13.8% respectively [3] - The internet sector is also performing well, with a 10.9% increase in value added from information transmission, software, and IT services [3] Market Dynamics - Investment in equipment and industrial sectors grew by 18.7% and 10.9% respectively, with retail sales in communication equipment, home appliances, and automobiles increasing by 50.8%, 20.2%, and 2.7% [4] - Per capita consumption expenditure for residents increased by 6.2%, indicating a release of consumer potential [4] - Profits for large-scale industrial and service enterprises grew by 7.0% and 13.9% respectively from January to May, with acceleration in growth rates compared to previous months [4]

Economic Performance Highlights - China's GDP grew by 5.3% year-on-year in the first half of the year, with a quarterly growth of 5.4% in Q1 and 5.2% in Q2, indicating a steady increase compared to the same period last year [2] - The urban survey unemployment rate averaged 5.2%, showing a slight decrease of 0.1 percentage points from Q1, reflecting a stable employment situation [2] - Consumer Price Index (CPI) showed fluctuations, with a year-on-year decrease of 0.1% in several months, but turned positive in June with a 0.1% increase [2] New Growth Drivers - High-tech manufacturing saw significant growth, with production of 3D printing equipment, new energy vehicles, and industrial robots increasing by 43.1%, 36.2%, and 35.6% respectively [3] - Investment in high-tech industries outpaced other sectors, with information services, aerospace, and computer equipment manufacturing investments growing by 37.4%, 26.3%, and 21.5% respectively [3] - The added value of high-tech industries increased by 9.5% year-on-year, with new industries, new business formats, and new models expected to contribute approximately 18% to GDP by 2024 [3] Green Development - The green industry is advancing, with new energy vehicles and lithium batteries experiencing growth rates exceeding 30% and 53.3% respectively [4] - Green consumption is becoming a trend, with significant growth in the consumption of new energy vehicles, energy-saving appliances, and smart home devices [4] Domestic Circulation Improvement - Domestic circulation has been prioritized, with policies aimed at expanding domestic demand and promoting production [5] - The contribution of domestic demand to GDP growth was 68.8%, with final consumption expenditure contributing 52%, marking it as the main driver of growth [5] - Freight turnover increased by 5.1% year-on-year, and passenger turnover grew by 4.9% [5]

Group 1: Economic Indicators - The core viewpoint indicates that the economy remains resilient, with signs of improvement in core CPI stability and marginal PMI recovery due to ongoing "stabilization growth" measures [2] - In May, the CPI remained flat at -0.1%, while the PPI decreased from -2.7% to -3.3%. The manufacturing PMI increased from 49.0% to 49.5% [5][6] - New RMB loans in May amounted to 620 billion, an increase of 340 billion from the previous month, while M2 growth slowed to 7.9% [2][17][20] Group 2: CPI Analysis - The May CPI showed a month-on-month decrease of 0.2%, with a year-on-year decline of 0.1%. Core CPI remained stable with a year-on-year increase of 0.6% [5] - The decline in energy prices negatively impacted non-food items, but travel service prices saw a significant rebound, supporting the core CPI [5] Group 3: PPI Insights - The PPI's year-on-year decline of 3.3% was below market expectations, with traditional industry prices mostly declining while new momentum industries saw price increases [6] - Factors affecting PPI include falling international oil prices, seasonal declines in energy and raw material prices, and the impact of consumption and equipment renewal policies [6] Group 4: PMI Developments - The manufacturing PMI recorded 49.5%, indicating an improvement in economic sentiment, driven by tariff delays and proactive macro policies [9] - The production index rose to 50.7%, returning to the expansion zone, while the new orders index increased to 49.8% [9] Group 5: Fixed Asset Investment - Fixed asset investment growth in May decreased to 3.7%, with real estate investment continuing to decline significantly [13] - High-tech industry investments showed strong growth, particularly in information services and aerospace manufacturing [13] Group 6: Credit and M2 Analysis - In May, new credit issuance was 620 billion, reflecting a decrease in consumer loans and a recovery in corporate short-term loans [17] - M2 growth slowed to 7.9%, influenced by a decrease in deposit attractiveness and slower fiscal fund release [20]

会议文件 二〇二五年六月 云赛智联股份有限公司 2024 年年度股东大会会议文件 云赛智联股份有限公司 云赛智联股份有限公司 一 公司 2024 年度股东大会有关规定 二 公司 2024 年度股东大会表决办法说明 三 公司 2024 年度股东大会会议议程 关于支付上会会计师事务所（特殊普通合伙）2024 年度审计及内控审计报酬 的议案 云赛智联股份有限公司 2024 年年度股东大会会议文件 云赛智联股份有限公司 为了维护投资者的合法权益，确保股东在公司 2024 年年度股东大会期间依法行 使权利，保证股东大会的正常秩序和议事效率，依据中国证券监督管理委员会《上市 公司股东大会规则》的有关规定，制定如下有关规定： 一、董事会在股东大会的召开过程中，应当以维护股东的合法权益，确保正常程 序和议事效率为原则，认真履行法定职责。 二、股东大会设立秘书处，负责大会有关程序方面的事宜。 三、参加股东大会的股东，依法享有发言权、表决权等权利，不得侵犯其他股东 合法权益、扰乱大会的正常秩序，共同维护好股东大会秩序。 四、股东在股东大会上有权发言和提问，要求发言的股东请事先在秘书处填写《股 东大会发言登记表》。大会秘书处与主持 ...