Core Viewpoint - The overall price index of Linyi Mall has shown a slight decline this week, indicating mixed trends across various product categories with some experiencing price increases while others face declines [1]. Price Index Summary - The total weekly price index for Linyi Mall is 102.94 points, down 0.03 points or 0.03% from the previous week [1]. - Among 14 categories, 4 categories saw price increases, 6 remained stable, and 4 experienced declines [1]. Price Increases - **Automotive Parts and Accessories**: The weekly price index rose to 93.90 points, up 0.09 points. Key drivers include a rebound in engine parts prices and increased demand for truck parts, leading to higher market transaction prices [1]. - **Home Appliances and Audio-Visual Equipment**: The index increased to 103.22 points, up 0.04 points. Notable price increases were observed in air conditioning units, fans, and small kitchen appliances due to seasonal demand [2]. - **Daily Necessities**: The index reached 102.85 points, up 0.01 points. Increased demand for skincare and beauty products contributed to price rises, while some items like bags and toys saw slight price reductions due to e-commerce promotions [3]. Price Decreases - **Board Materials**: The index fell to 97.46 points, down 0.13 points. The market remains weak with reduced demand, leading to price declines in various board products [4]. - **Steel Products**: The index decreased to 98.61 points, down 0.10 points. The overall trading volume is low, and prices are under pressure due to weak demand [5]. - **Clothing and Accessories**: The index dropped to 105.11 points, down 0.03 points. Prices for belts and shoes decreased significantly, while other clothing categories remained stable [6].

齐鲁晚报·齐鲁壹点 李楠楠 通讯员 石冠婷 近日，烟台财金集团旗下格尔斯新材料科技有限公司上榜山东省2025年度第一批创新型中小企业名单。 创新型中小企业是中小企业的代表，是优质中小企业的基础力量，在产品、技术、管理、模式等方面具有较高专业化水平、较强创新能 力和发展潜力。此次评选旨在加大专精特新梯队培育力度，推动优质企业量质齐升，为经济高质量发展注入动能。这一荣誉的背后，是 新能格尔斯深耕行业、开拓创新的有力见证。 | 序号 | 企业名称 | | --- | --- | | 0 | 由基礎界班企有限公司 | | 1 | 都会工业电源变量在线 | | Br | 相合所重占塑料包装品和服合用 | | | 都合中国会展和品电影会有 | | कर | 用即都备送到哪些用心用 | | @ | 在12年(四十)有限公报 | | મહ | 都合理系统发生会新建有限公司 | | 10 | 继分需义程工具制造板置合同 | | ती | 如非重建社是新阶费预会用 | | 14 | 服合花半成于的值观测公司 | | 19 | 股股股股票股票发表股台利 | | 20 | 是在哪里有哪些那么看 | | 22 | 山重要因女糖料很有限 ...

Core Insights - The overall price index of Linyi Mall decreased to 102.97 points, down by 0.31 points or 0.31% compared to the previous week [1] Price Index Summary - **Hardware and Electrical Materials**: The price index rose to 119.65 points, increasing by 0.03 points. The rise was driven by slight price increases in electric tools due to manufacturer price adjustments, while hand tools and electrical instruments remained stable [1] - **Clothing and Accessories**: The price index reached 105.14 points, up by 0.01 points. The increase was notable in accessories like belts and running shoes, while clothing prices remained stable overall, with children's and underwear prices slightly rising [2] - **Lighting**: The price index increased to 104.33 points, up by 0.01 points. Prices for home and commercial lighting rose, while outdoor lighting prices decreased due to seasonal demand fluctuations [3] - **Steel**: The price index fell to 98.71 points, down by 1.95 points. The decline was attributed to reduced downstream demand and lower upstream raw material prices, leading to a significant drop in various steel categories [4] - **Automotive Parts and Accessories**: The price index decreased to 93.81 points, down by 0.11 points. The market for automotive parts remained weak, with continuous price reductions due to low demand [5] - **Board Materials**: The price index slightly declined to 97.59 points, down by 0.07 points. The ongoing downturn in the real estate market has weakened demand for board materials, prompting manufacturers to lower prices to alleviate operational pressures [6]

Core Viewpoint - The overall price index of Linyi Mall remains stable at 103.48 points this week, with 5 categories of goods increasing, 4 remaining stable, and 5 decreasing in price [1] Group 1: Price Increases - The steel category index increased to 101.20 points, up by 0.26 points, driven by rising prices of various steel products due to restored production demand and increased raw material costs [1] - The lighting category index rose to 104.31 points, up by 0.05 points, with outdoor lighting and accessories seeing slight price increases due to higher sales from increased outdoor activities [2] - The building decoration materials category index reached 105.74 points, up by 0.05 points, primarily due to rising prices of decorative materials and increased demand for certain products like dragon bones [3] Group 2: Price Decreases - The grain, oil, and food category index fell to 94.93 points, down by 0.25 points, with prices of various food items decreasing due to high inventory levels and competitive market conditions [4] - The board category index decreased to 98.13 points, down by 0.08 points, as the prices of materials like gypsum board and plywood fell due to lower production costs from declining raw material prices [5] - The automotive parts and accessories category index dropped to 94.33 points, down by 0.06 points, mainly due to decreased prices of automotive parts amid intense competition [6]

业 及 产 业 基础化工 本研究报告仅通过邮件提供给 中庚基金 使用。1 2025 年 05 月 11 日 氯氰菊酯反倾销落地，氮肥出口或 有序放开，重点关注低估值高成长 标的 看好 ——《化工周报 25/05/06-25/05/09》 证 券 研 究 报 告 证券分析师 马昕晔 A0230511090002 maxy@swsresearch.com 宋涛 A0230516070001 songtao@swsresearch.com 研究支持 邵靖宇 A0230524080001 shaojy@swsresearch.com 任杰 A0230522070003 renjie@swsresearch.com 赵文琪 A0230523060003 zhaowq@swsresearch.com 周超 A0230123090004 zhouchao@swsresearch.com 李绍程 A0230124070001 lisc@swsresearch.com 联系人 马昕晔 (8621)23297818× maxy@swsresearch.com 本期投资提示： 请务必仔细阅读正文之后的各项信息披露与声明 行 行 业 ...

全球化浪潮下，区域经济韧性构建亟需"内外协同"的战略纵深。当发展迈入深水区，沂河新区正面临多 重挑战：如何在高基数下保持增长动能？如何在技术迭代中避免同质化竞争？如何在规模扩张中平衡生 态可持续？这些问题考验着新区的智慧。 面对挑战，沂河新区以"千亿工业"为目标，锚定国家级智能制造示范基地建设，通过工业互联网、数字 孪生等技术重塑智造根基；同步打造跨境电商综合试验区，借力北方首个速卖通官方产业园，将五金、 板材等传统优势产业的"临沂基因"注入全球200多个市场。这一过程中，政府的角色也实现了从"管理 者"到"服务者"的转变，通过制度创新降低企业参与国际竞争的门槛：减少审批环节、压缩时限、孵化 标杆品牌，整合供应链、物流、金融等全链条服务，推动本土企业从"单打独斗"转向"组团出海"。跨境 电商的崛起，不仅是贸易形态的重构，更标志着区域经济完成从"产品出海"到"价值链嵌入"的深层次跃 迁。 以双轮驱动破解发展命题 4月27日至28日，黄三角早报记者随全媒体采访团走进临沂沂河新区，实地探访这片省级新区的"蝶变密 码"。凤凰五金智造产业园、仪表产业园、循环经济产业园、智能制造产业园、生物医药产业园和天河 智能产业园等 ...

投资者关系活动 类别 □ 特定对象调研 □ 分析师会议 □ 媒体采访 √ 业绩说明会 □ 新闻发布会 □ 路演活动 □ 现场参观 □ 其他 （请文字说明其他活动内容） 参与单位名称及 人员姓名 中 旗 年 年一季度网上业绩说明会采用网络远程方式进行，面向全体投资 者。 时间 2025 年 5 月 8 日 (周四) 下午 15:30~16:30 地点 深圳证券交易所"互动易"平台，"云访谈"栏目 上市公司接待人 员姓名 1、董事长兼总经理：周军 2、财务总监：蒋晶晶 3、独立董事：夏富彪 4、董事会秘书：张祺文 5、保荐人：杜冬波 投资者关系活动 主要内容介绍 投资者提出的问题及公司回复情况，如下： 1.贵公司 2024 年度和 2025 年第一季度业绩同比均明显下 滑，请问什么原因导致公司业绩显著下滑？ 答：2024 年度及 2025 年第一季度，公司业绩同比出现明显 下滑，主要受以下因素综合影响： 1）房地产行业持续处于调整期：受宏观经济环境及房地产 市场深度调整影响，下游客户需求收缩，建材类订单量减少，对 公司石英石板材等核心产品的销售形成直接冲击； 2）消费信心不足：终端市场消费信心不足，中高端产品需 ...

装饰板材稳健增长，加速推进渠道下沉。24 年公司装饰材料业务实现收入74.04 亿元，同比+7.99%，其 中板材产品收入为47.7 亿元，同比+7.57%，板材品牌使用费（含易装品牌使用费）4.93 亿元，同比 +14.18%。 经营性现金流有所下滑，继续保持高分红。2024 年公司经营活动现金净流量11.52 亿元，上年同期为 +19.1 亿元，现金流净额的下降主要系购买商品和劳务支付的现金增加。2024 年报拟每10 股派发现金 红利3.2 元（含税），叠加2024 年中期分红，2024 年合计分红率达到84%。 盈利预测与投资评级：公司是装饰板材行业龙头，公司在巩固经销渠道优势的同时，应对行业趋势变化 公司积极拓展家具厂、家装公司等渠道，并积极进行乡镇市场的渠道下沉，定制家居业务零售业务坚持 中高端定位、工程业务优化客户结构稳健经营。我们调整公司2025-2026 年并新增2027 年归母净利润预 测为7.54/8.77/9.58 亿元（2025-2026 年前值为8.39/9.49 亿元），对应PE 分别为12.2X/10.5X/9.6X，考虑 到公司装饰材料业务稳健发展，维持"增持"评级。 风险提 ...

2025 年 04 月 27 日 供需格局优化，复合肥、金属铬、 细分农药迎景气提升，重点关注低 估值高成长标的 看好 ——《化工周报 25/04/21-25/04/25》 证 券 研 究 报 告 证券分析师 行 业 及 产 业 基础化工 马昕晔 A0230511090002 maxy@swsresearch.com 宋涛 A0230516070001 songtao@swsresearch.com 研究支持 邵靖宇 A0230524080001 shaojy@swsresearch.com 任杰 A0230522070003 renjie@swsresearch.com 赵文琪 A0230523060003 zhaowq@swsresearch.com 周超 A0230123090004 zhouchao@swsresearch.com 李绍程 A0230124070001 lisc@swsresearch.com 联系人 马昕晔 (8621)23297818× maxy@swsresearch.com 本研究报告仅通过邮件提供给 中庚基金 使用。1 本期投资提示： 请务必仔细阅读正文之后的各项信息披露与声 ...

Investment Rating - The investment rating for the company is "Recommended" [4][13]. Core Views - The company reported a revenue of 9.19 billion yuan in 2024, a year-on-year increase of 1.4%, but the net profit attributable to shareholders decreased by 15.1% to 590 million yuan due to increased impairment losses [4][7]. - In Q1 2025, the company achieved a revenue of 1.27 billion yuan, a year-on-year decline of 14.3%, while the net profit attributable to shareholders increased by 14.2% to 100 million yuan [4][7]. - The company plans to distribute a cash dividend of 3.2 yuan per 10 shares (tax included) for 2024 [4]. Summary by Sections Financial Performance - In 2024, the company experienced a revenue of 91.9 billion yuan, with a gross margin of 18.1%, slightly down by 0.3 percentage points [7]. - The net profit for 2024 was 5.9 billion yuan, reflecting a significant decline due to increased impairment losses totaling 430 million yuan [7][9]. - The company’s revenue is projected to grow to 99.3 billion yuan in 2025, with a net profit of 7.5 billion yuan expected for 2025 [10][11]. Business Segments - The decorative materials segment generated 74.0 billion yuan in revenue, up 7.99% year-on-year, with a gross margin of 17.04% [7]. - The custom home segment reported a revenue of 17.2 billion yuan, down 18.73%, primarily due to challenges in the engineering business [7]. - The company has significantly expanded its rural store network, with 1,413 new stores established, bringing the total to 5,522 [7]. Cash Flow and Financial Ratios - The net cash flow from operating activities for 2024 was 1.15 billion yuan, down from 1.91 billion yuan in the previous year [9][12]. - The company’s total assets are projected to reach 6.37 billion yuan in 2025, with a debt-to-asset ratio of 46.1% [10][11]. - The return on equity (ROE) is expected to be 22.7% in 2025, indicating strong profitability [11]. Market Outlook - The domestic engineered wood market is expected to grow, supported by the demand for home renovations [9]. - The company has established strong brand barriers and is focusing on channel transformation, particularly in rural markets [9].