央行官员表示，将按照中央政治局会议精神，加紧实施更加积极有为的宏观政策，用好用足适度宽松的 货币政策，根据国内外经济形势和金融市场运行情况，适时降准降息。 人社部官员表示，将加快推出增量政策，对企业加大扩岗支持，对个人加大就业补贴支持，对受关税影 响较大的企业提高失业保险稳岗返还比例等。 商务部官员表示，将聚焦广大企业需求，及时解决困难问题，以钉钉子精神抓好已经出台的稳外贸政策 落地见效。 每经记者 郑步春 每经编辑 彭水萍 周一A股表现稍弱，各大股指普跌，全市场超4100个股下跌。截至收盘，上证综指跌0.2%至3288.41 点；深综指跌0.93%，创业板综指跌1.01%，科创50指数跌0.17%，北证50指数跌1.78%。全A总成交额 为10768亿元，较上周五的11370亿元略有萎缩。 银行、钢铁、电力等红利股表现较好，PEEK材料、游戏、珠宝首饰、培育钻石等板块表现也相对较 好。旅游酒店、食品饮料、乳业等消费类个股表现较弱，房地产板块也普跌。 周一上午国新办举行新闻发布会，发改委官员表示，更好发挥内需主动力作用，具体思路和方法也非常 明确，就是增加中低收入群体收入、大力提振消费，扩大有效投资，做强国内 ...

截至4月28日收盘，乳业概念下跌4.12%，位居概念板块跌幅榜前列，板块内，贝因美跌停，品渥食 品、新乳业、维维股份等跌幅居前。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | PEEK材料 | 1.75 | 租售同权 | -4.65 | | 可燃冰 | 1.72 | 乳业 | -4.12 | | 电子竞技 | 0.92 | 赛马概念 | -3.31 | | 云游戏 | 0.62 | 中韩自贸区 | -3.27 | | Sora概念(文生视频) | 0.39 | 天津自贸区 | -3.22 | | 特钢概念 | 0.19 | 房屋检测 | -3.16 | | 培育钻石 | 0.16 | 物业管理 | -3.03 | | 电子纸 | 0.10 | 预制菜 | -2.98 | | 小红书概念 | 0.08 | 化债概念(AMC概念) | -2.77 | | 超超临界发电 | 0.06 | 特色小镇 | -2.76 | 资金面上看，今日乳业概念板块获主力资金净流出6.40亿元，其中，31股获主力资金净流出，6股主力 ...

A股乳业板块盘初下挫，品渥食品跌超11%，麦趣尔跌超8%，皇氏集团、贝因美跌超7%，维维股份、 新乳业、骑士乳业跟跌。 ...

Core Viewpoint - The company, New Dairy Industry (002946.SZ), has demonstrated a better market performance than the industry average despite the overall downturn in the dairy sector, particularly through its focus on low-temperature milk products. Group 1: Financial Performance - In 2024, the company's revenue is projected to be 10.665 billion yuan, reflecting a slight decline of 2.93%, while the dairy product segment still achieved a growth of 0.83% [2] - The overall sales of dairy products across all channels fell by 2.7% in the past year, with major competitors like Mengniu (2319.HK) and Yili (600887.SH) experiencing revenue declines exceeding 10% and 12% respectively in their liquid milk segments [4] - New Dairy Industry achieved a net profit of 538 million yuan, marking a year-on-year increase of 24.8%, attributed to a higher proportion of low-temperature milk and declining raw milk costs [4] Group 2: Market Dynamics - The low-temperature milk segment has seen its penetration rate increase from 23% in 2020 to 41% in 2024, with nearly 60% of households in first-tier cities purchasing fresh milk more than twice a week [8] - Over half of New Dairy Industry's revenue comes from low-temperature products, capitalizing on the growth opportunities in this niche market [9] - The company has experienced a rise in gross margin to 28.36%, an increase of 3.8 percentage points over the past four years, driven by a higher proportion of high-margin products [12] Group 3: Competitive Landscape - The low-temperature milk market remains competitive, with no clear leader, as major brands are rapidly expanding their market shares [13] - In the second half of 2024, Guangming (600594.SH) is expected to catch up to Yili in market share, while Mengniu's high-end low-temperature brand "Daily Fresh" is gaining traction through aggressive marketing [14] - Price wars are looming, putting pressure on New Dairy Industry's mid-to-high-end products, as promotional expenses increased by 100 million yuan, while revenue growth for the "24-hour" series slowed from 40% to 15% year-on-year [15] Group 4: Strategic Initiatives - New Dairy Industry has pursued a national expansion strategy through acquisitions, having spent over 3.3 billion yuan on acquisitions since its listing, which has allowed it to operate 15 sub-brands [24][25] - The company is now focusing on "internal growth" and aims for a compound annual growth rate of double digits and a 10% reduction in debt ratio over the next five years [30] - The company plans to enhance operational quality in existing businesses while remaining open to acquisition opportunities, particularly in the growing low-temperature milk markets in second and third-tier cities [31]

好山好水养好牛，好牛产好奶！明一国际坚持"更生态更健康"的核心价值观，依托建宁县得天独厚的自 然生态环境，成功建设自有自控的天籁高山牧场，甄选谱系纯正的娟姗牛和荷斯坦牛，引闽江正源头泉 水饲养，同时利用5G网络打造智能恒温和精准饲养的牛舍，从源头保障奶源的营养健康，获国家农业 农村部"国家级生态农场"认证。 数智生产——"无间隔"系统展现鲜活力 奶业，是健康中国、强壮民族不可或缺的重要产业。近年来，我国奶业实现突飞猛进的发展，不少乳企 纷纷抢抓数字经济发展带来的产业跃迁新机遇，推动全产业链的数智融合和绿色发展。在福建省建宁 县，这个作为福建母亲河闽江正源头的国家级水源地保护区，明一国际充分利用当地"林深水美人长 寿"的生态宝库优势，构建起完善的乳业生态全产业链，不断缔造乳业品质新典范。 坐落在"国家级生态县"的天籁高山牧场 福建省建宁县是"国家生态文明建设示范县"，被誉为闽山之巅、闽地之母、闽水之源，是福建母亲河闽 江的正源头，饮用水质远超国家标准，是国家级水源地保护区，森林覆盖率达78%，空气质量常年保持 国家一级标准，被中国气象总局评为"中国天然氧吧"，这里水源清洁、空气清新、土壤肥沃，是一 个"林深水美 ...

本报记者 寇江泽 董丝雨 4月23日，习近平主席向气候和公正转型领导人视频峰会发表致辞指出，"绿水青山就是金山银山。绿色 转型是应对气候变化的必由之路，也是经济社会发展的新引擎。"中央经济工作会议将"协同推进降碳减 污扩绿增长，加紧经济社会发展全面绿色转型"列为今年要抓好的重点任务之一。 锚定目标，砥砺奋进。在以习近平同志为核心的党中央坚强领导下，各地区各部门各行业统筹产业结构 调整、污染治理、生态保护，应对气候变化，积极稳妥推进碳达峰碳中和，绿色低碳转型展现新气象， 高质量发展底色更加鲜明。 围绕碳达峰碳中和目标，有力有序有效推进各项重点工作 我国把碳达峰碳中和纳入生态文明建设整体布局和经济社会发展全局，推动"双碳"工作取得积极成效。 全国碳市场体系建设加快推进，运用市场化机制推动减污降碳。今年3月，全国碳排放权交易市场首次 扩围，纳入钢铁、水泥、铝冶炼行业，覆盖全国二氧化碳排放总量占比将达到60%以上。同时，全国温 室气体自愿减排交易市场平稳运行，各类经营主体踊跃参与。"两个市场通过碳抵消机制互补衔接，共 同构成我国完整的碳市场体系，实现对减排主体的全覆盖。"生态环境部应对气候变化司司长夏应显表 示。 各 ...

Core Viewpoint - Huangshi Group has reported a revenue of 2.046 billion yuan for 2024, with a 4.74% year-on-year growth in the dairy segment and a 4.54 percentage point increase in gross margin, solidifying its position as a leader in the domestic water buffalo milk market [1][2] Group 1: Financial Performance - The company achieved an annual revenue of 2.046 billion yuan in 2024 [1] - The dairy segment's revenue grew by 4.74% year-on-year [1] - Gross margin improved by 4.54 percentage points compared to the previous year [1] Group 2: Strategic Initiatives - Huangshi Group introduced 10,000 high-yield water buffalo embryos from Pakistan, addressing a 60-year stagnation in domestic genetic resources [1] - The company has established modern farms in regions such as Guangxi and Hunan [1] - Huangshi Group is the only company globally with the qualification to export high-yield water buffalo embryos to China, creating a competitive advantage in the supply chain [1] Group 3: Research and Development - In 2024, the company increased its R&D investment by 26.8% to 7.3 million yuan [2] - The company employs a "basic research + applied innovation" dual-driven strategy to build a comprehensive innovation system covering the entire industry chain [2] - Huangshi Group is focusing on three key areas for technological breakthroughs, aiming to transform the niche market of water buffalo milk into mainstream demand [2]

作者 | 弗雷迪 数据支持 | 勾股大数 据（www.gogudata.com） 本周，当外围关税突然传来缓和声浪， A 股却在九连涨之后收住了势头。 今天下午两点，指数突然跳水，打破了市场一天的平静。 为何突然变脸？ 风不平，浪不静 01 截至， 上证指数收跌 0.07% ，创业板指涨 0.59% ，市场成交额再破万亿。 板块方面，电力板块尾盘发力，湖南发展等多股涨停；钛白粉板块走高，天原股份逼近涨停；旅游酒店板块震荡上行，三峡旅游、天府文旅双双 涨停； CPO 、云计算、 AI 医疗板块涨幅居前。另一方面，贵金属板块回落，西部黄金领跌；乳业股走低，贝因美尾盘跌停；跨境支付、创新 药、宠物经济、猪肉股跌幅居前。 昨天下午一份 "豁免清单"在网上流传，文件内提到部分科技产品的 125% 对等关税暂时取消，包括集成电路 ( 年进口量 87 亿，不含存储 芯片 ) 、血液类制品 (67 亿 ) 、半导体制造设备 (42 亿 ) 、医疗类闪烁扫描装置 (35 亿 ) 、乙烯聚合物 (26 亿 ) 半导体相关的特定检测仪 器 (19 亿 ) 等产品，合计豁免总额接近 450 亿左右，占到从美国进口总额的 30% 。 ...

4月25日庄园牧场公布年报及一季报，2024年公司实现总营业收入8.9亿元，同比减少6.87%；实现归母 净利润-1.66亿元，同比减少104%。 一季度实现总营业收入2.1亿元，同比减少6.61%；实现归母净利润-0.26亿元，亏损有所减少。 一季度营收下滑亏损收窄 现金流显著改善 庄园牧场主营构成以液体乳及乳制品为主，市场需求变化和成本上升导致业绩下滑，2024年业绩下滑主 要受原奶价格下行导致的生物资产减值、市场竞争加剧引发的销售费用激增以及西北核心市场持续萎缩 的叠加影响。公司通过优化产品结构和市场策略，部分缓解了整体营收下滑的压力。 2025年一季度业绩下滑主要由于公司优化存货管理，减少采购，导致销售规模有所收缩。尽管营收下 降，但亏损较上年同期亏损减少41.85%，显示公司在成本控制和费用管理方面取得了一定成效。 从现金流角度看，一季度经营活动产生的现金流量净额为16，027，899.83元，同比增长99.60%，主要 得益于支付的增值税减少和预收货款增加。此外，投资活动和筹资活动的现金流量也有所改善，特别是 筹资活动产生的现金流量净额为33，467，528.12元，同比增长22.68%，表明公司 ...

Group 1: Yanjing Beer - Yanjing Beer reported a revenue growth of 6.69% to 3.827 billion yuan in Q1 2025 [1] - The net profit attributable to shareholders increased by 61.1% to 165 million yuan [1] - The company achieved beer sales of 995,000 kiloliters, with the flagship product Yanjing U8 maintaining a growth rate of over 30% [1] Group 2: Shunxin Agriculture - Shunxin Agriculture's revenue decreased by 13.85% to 9.126 billion yuan in 2024 [2] - The net profit attributable to shareholders increased by 178.20% to 231 million yuan [2] - Low-end liquor revenue grew by 5.08% to 4.974 billion yuan, while high-end and mid-range liquor revenues saw declines [2] Group 3: Danone - Danone's Q1 2025 revenue grew by 4.3% to 6.844 billion euros [3] - Sales in China, North Asia, and Oceania increased by 9.9%, driven by volume and product mix [3] - The infant formula segment, particularly the Essensis series, continued to expand market share [3] Group 4: Miaokelando - Miaokelando reported a Q1 revenue growth of 6.26% to 1.233 billion yuan [4] - The net profit attributable to shareholders increased by 114.88% to 82.4 million yuan [4] - The company plans to innovate children's cheese products for older age groups while continuing to develop adult cheese products [4] Group 5: Baolingbao - Baolingbao's total revenue for 2024 was 2.402 billion yuan, a decrease of 4.84% [5] - The net profit attributable to shareholders increased by 105.97% to 111 million yuan [5] - Key products such as prebiotics and dietary fibers saw significant revenue growth [5] Group 6: Muyuan Foods - Muyuan Foods reported a Q1 revenue of 36.061 billion yuan, a year-on-year increase of 37.26% [6] - The company achieved a net profit of 4.491 billion yuan, marking a turnaround from losses [6] Group 7: Ziyuan Foods - Ziyuan Foods plans to invest 70 million yuan in its subsidiary and up to 35 million USD in Green Tea Group's IPO [7] Group 8: Qiaqia Foods - Qiaqia Foods reported a revenue of 7.131 billion yuan in 2024, a growth of 4.79% [8] - The net profit attributable to shareholders was 849 million yuan, an increase of 5.82% [8] - The company expanded its e-commerce channels and overseas markets, achieving significant growth [9] Group 9: Yanjinpuzi - Yanjinpuzi's revenue increased by 28.89% to 5.304 billion yuan in 2024 [10] - The net profit attributable to shareholders grew by 26.53% to 640 million yuan [10] - The company focused on six core product categories and achieved significant supply chain improvements [10] Group 10: Hengshun Vinegar - Hengshun Vinegar reported a revenue of 2.196 billion yuan, a 4.25% increase [11] - The net profit attributable to shareholders increased by 46.54% to 127 million yuan [11] - The company implemented cost reduction and efficiency improvement measures [11] Group 11: Kemin Foods - Kemin Foods announced the election of Chen Hong as the chairman of the board [12] Group 12: Gaoxin Retail - Gaoxin Retail expects a tax profit of approximately 350 to 400 million yuan for the fiscal year ending March 31, 2025, a significant improvement from a loss of 1.668 billion yuan [13] - The improvement is attributed to stable sales growth and effective cost reduction measures [13] Group 13: Bubugao - Bubugao reported a Q1 revenue of 1.153 billion yuan, a year-on-year increase of 24.22% [14] - The net profit attributable to shareholders was 119 million yuan, reflecting a growth of 488.44% [14]