天眼查商业履历信息显示，苏州赛腾精密电子股份有限公司，成立于2007年，位于苏州市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本19991.1648万人民币，实缴资本 17605.8917万人民币。公司法定代表人为孙丰。 通过天眼查大数据分析，苏州赛腾精密电子股份有限公司共对外投资了13家企业，参与招投标项目7 次，知识产权方面有商标信息49条，专利信息796条，此外企业还拥有行政许可21个。 来源：金融界 金融界消息 截至2025年6月20日收盘，赛腾股份（603283）报收于31.41元，上涨0.13%，换手率2.5%， 成交量6.80万手，成交金额2.15亿元。 资金流向方面，今日主力资金净流入1086.73万元，占比成交额5.06%。其中，超大单净流入588.89万 元、占成交额2.74%，大单净流入497.84万元、占成交额2.32%，中单净流出流入231.22万元、占成交额 1.08%，小单净流出1317.95万元、占成交额6.14%。 赛腾股份最新一期业绩显示，截至2025一季报，公司营业总收入7.30亿元、同比减少5.67%，归属净利 润6836.02万元，同比减少2 ...

通过天眼查大数据分析，招商局公路网络科技控股股份有限公司共对外投资了63家企业，参与招投标项 目861次，知识产权方面有商标信息20条，专利信息96条，此外企业还拥有行政许可45个。 来源：金融界 招商公路最新一期业绩显示，截至2025一季报，公司营业总收入28.03亿元、同比减少7.24%，归属净利 润13.29亿元，同比增长2.74%，扣非净利润13.23亿元，同比增长2.35%，流动比率0.826、速动比率 0.804、资产负债率43.45%。 天眼查商业履历信息显示，招商局公路网络科技控股股份有限公司，成立于1993年，位于天津市，是一 家以从事资本市场服务为主的企业。企业注册资本617821.7338万人民币，实缴资本424542.588万人民 币。公司法定代表人为白景涛。 金融界消息 截至2025年6月20日收盘，招商公路（001965）报收于12.06元，下跌0.17%，换手率 0.17%，成交量11.36万手，成交金额1.37亿元。 资金流向方面，今日主力资金净流出1800.42万元，占比成交额13.15%。其中，超大单净流出44.38万 元、占成交额0.32%，大单净流出1756.03万元、 ...

金融界消息 截至2025年6月20日收盘，派能科技（688063）报收于41.88元，下跌1.62%，换手率 1.31%，成交量3.20万手，成交金额1.35亿元。 天眼查商业履历信息显示，上海派能能源科技股份有限公司，成立于2009年，位于上海市，是一家以从 事电气机械和器材制造业为主的企业。企业注册资本24535.9249万人民币，实缴资本348.8973万人民 币。公司法定代表人为韦在胜。 通过天眼查大数据分析，上海派能能源科技股份有限公司共对外投资了10家企业，参与招投标项目19 次，知识产权方面有商标信息141条，专利信息501条，此外企业还拥有行政许可24个。 来源：金融界 资金流向方面，今日主力资金净流出1491.31万元，占比成交额11.02%。其中，超大单净流出3351.11万 元、占成交额24.75%，大单净流入1859.80万元、占成交额13.74%，中单净流出流入207.91万元、占成 交额1.54%，小单净流入1283.40万元、占成交额9.48%。 派能科技最新一期业绩显示，截至2025一季报，公司营业总收入3.92亿元、同比增长1.72%，归属净利 润3817.32万元，同比减少 ...

大事提醒 2025年6月23日，披露2024财年年报 最近一个月来，安领国际累计跌幅6.07%，今年来累计跌幅12.61%，跑输恒生指数15.84%的涨幅。 财务数据显示，截至2024年9月30日，安领国际实现营业总收入3.27亿元，同比增长24.58%；归母净利 润-106.77万元，同比增长81.95%；毛利率19.54%，资产负债率79.57%。 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，软件服务行业市盈率（TTM）平均值为-10.84倍，行业中值-2.26倍。安领国际市盈率 5.75倍，行业排名第7位；其他驴迹科技（01745.HK）为3.63倍、京投交通科技（01522.HK）为3.88 倍、黄河实业（00318.HK）为3.91倍、自动系统（00771.HK）为4.08倍、禅游科技（02660.HK）为4.67 倍。 资料显示，安领国际控股有限公司(股票代码:1410.HK)于香港联交所主板上市,集团的业务足迹遍布香 港、澳门、中国大陆和新加坡。网络安全凭借着公司在网络安全解决方案的专业知识以及坚持选用顶尖 的技术解决方案,安领科技成为了不少国际网络安全解决方案供应商的首选 ...

在此背景下，伊方警告称，任何为以色列运送军事装备或雷达系统的国家，都将被视为参与对伊朗的侵 略，并将成为伊朗武装部队的合法攻击对象。 以色列方面对此暂无回应。 伊朗军方：以色列正面临弹药和装备短缺 智通财经6月22日电，据央视新闻，当地时间21日，伊朗哈塔姆·安比亚中央司令部发言人表示，根据伊 朗武装部队的情报，尽管拥有世界上最先进、最昂贵的反导防御系统，并得到美国的全面支持，以色列 在伊朗武装部队导弹和无人机部队的有效打击下，其雷达和防御能力已严重受损，目前正面临弹药和装 备短缺。 ...

Core Perspective - Long-term investment in high-quality businesses allows the power of compound growth to significantly enhance portfolio value, making it a more reliable strategy than market timing [1][2] Company Overview - Amazon has generated an extraordinary return of 217,000% since its IPO in May 1997, turning a $1,000 investment into nearly $2.2 million today [4] - The company began as an online bookstore in the mid-1990s, focusing on a low-risk product category with a vast selection [5] Business Evolution - Amazon has expanded its offerings to sell virtually anything, including a recent partnership to sell Hyundai vehicles through its e-commerce platform [6] - The introduction of fast, free shipping through the Prime membership program in 2005 has attracted over 200 million global members [7] Revenue Streams - Amazon Web Services (AWS) was launched in 2006, generating $108 billion in revenue and $40 billion in operating income in 2024, making it the largest cloud-computing provider [8] - The company has also become a significant player in digital advertising, earning $13.9 billion in ad revenue in Q1 2025 [9] Future Outlook - Amazon's market capitalization stands at $2.3 trillion with trailing-12-month revenue of $650 billion, indicating its colossal size and past success [10] - Revenue is projected to grow at a compound annual rate of 9.5% from 2024 to 2027, suggesting continued potential for growth [11] - Diluted earnings per share improved from $3.21 in 2021 to $5.53 in 2024, making the current valuation reasonable with a forward price-to-earnings ratio of 34.3 [12] Investment Consideration - While Amazon may not replicate past extraordinary returns, it remains a worthy candidate for long-term investment [13]

Core Viewpoint - The article discusses the implications of rising national debt and suggests investing in life and retirement insurance companies as a protective measure against potential economic challenges posed by this debt [1][4]. Rising Debt and Economic Impact - The U.S. national debt has significantly increased, with a corresponding rise in the debt-to-GDP ratio, particularly during recessionary periods such as the 2008-2009 financial crisis and the pandemic [2]. - The response to rising debt has historically been increased spending and debt issuance, raising concerns about the sustainability of this approach [3]. Interest Rate Projections - Higher debt levels suggest that more debt issuance will occur, which could lead to rising long-term interest rates, potentially exceeding market expectations [6][7]. - The current market appears complacent regarding long-term interest rates, not pricing in significant risks associated with rising debt levels [7]. Investment Opportunities in Insurance Sector - In a rising interest rate environment, life and retirement insurers like Prudential Financial, MetLife, and Corebridge Financial may perform well, as they can invest in higher-yielding assets [8]. - These insurers typically hold a significant portion of their assets in low-risk investments, which will be affected by rising rates but will also allow them to purchase new assets at higher rates [10]. Asset Composition of Insurers - Prudential Financial holds 54.9% of its general account assets in publicly available fixed maturities, while MetLife has 31.6% in investment-grade corporate debt [12][13]. - Corebridge Financial has a substantial 97% of its assets in fixed income or short-term investments, positioning these companies favorably in a higher interest rate scenario [13]. Strategic Investment Considerations - While the debt issue is concerning, predicting interest rates remains challenging; however, investing in the insurance sector may be a prudent strategy for those worried about future public debt servicing costs [14].

Core Insights - The comparison between Ford and Tesla highlights the future direction of the auto industry, particularly in electric vehicles (EVs) and robotaxis, with both companies facing similar opportunities and challenges [1] - Tesla's full-self-driving (FSD) robotaxi is seen as a strategic move to counteract declining sales and market share, while major automakers recognize the profit potential of robotaxis through recurring income from ride-per-mile revenue [2] Electric Vehicles and Affordability - Automakers need to make EVs more affordable to ensure their future viability, as current EVs are not cheap [2] - Ford's CEO emphasized the importance of developing affordable EVs to achieve profitability, indicating a shift in strategy [4] Robotaxi Development - Ford has faced setbacks in its robotaxi plans, notably after the shutdown of Argo AI, while Tesla is preparing to launch its unsupervised FSD/robotaxi service [14][15] - Tesla's ability to transform existing vehicles into robotaxis and produce a dedicated model, the Cybercab, gives it a competitive edge [8] Financial Performance - Ford's Model E segment reported significant losses, with a loss of $5.1 billion in 2024 and $849 million in Q1 2025, indicating challenges in achieving a profitable EV business [10] - In contrast, Tesla generated $7.1 billion in operating profit in 2024 and maintained a dominant market share of 43.5% in Q1 2025, compared to Ford's 7.7% [11] Future Outlook - Both companies plan to release low-cost models, but Tesla's ability to lower its average cost per car positions it better for sustainable profitability [13] - The auto industry is moving towards lower-cost EVs and robotaxis, with Tesla currently in the best position to meet these industry aims [18]

中经记者 蒋政 北京报道 2024年，瑞贝卡实现营业收入12.39亿元，同比微增1.1%；净利润为-1.18亿元，仅第四季度净利润便亏 损1.28亿元。记者注意到，自2003年登陆资本市场后，这是瑞贝卡首次出现亏损。 半个多月内连收两张警示函，让"假发大王"——瑞贝卡（600439.SH）的公司治理和内控问题暴露在阳 光之下。 《中国经营报》记者注意到，相关函件主要涉及公司信披问题、与关联方之间的非经营性资金往来及产 生的资金占用、高管薪酬未经股东大会审议等。其中，仅在2024年，瑞贝卡现大股东非经营性资金占用 累计发生金额约10.54亿元，其他关联资金往来累计发生金额则超过23亿元。 除此之外，该公司上市21年以来，在2024年首度出现亏损。而作为"二代"接班的郑文青，在其掌舵瑞贝 卡的4年中，公司营收呈现缩水之势，净利润则是逐年下滑。这个全球知名的假发企业，亟待寻找新的 破局之路。 值得注意的是，在此之前的半个多月，瑞贝卡还收到另一份警示函，涉及的问题主要包括：在相关财报 中未披露公司与关联方的资金往来，公司2023年年末存货跌价准备计提不充分等。 中喜会计师事务所出具的《前期会计差错更正专项说明》和《瑞 ...

中经记者 慈玉鹏 北京报道 《通知》指出，发行人、承销机构（包括主承销商和承销商）应按照市场化原则开展发行承销，公平对 待所有投资者，不得事先约定债券发行利率，不得以"返费"等手段扭曲市场价格，不得以代持、互持等 方式谋取不正当利益。承销机构不得以低于成本的承销费率报价参与债券项目竞标。发行人、承销机构 应按照商业约定履行付款义务，不应拒绝支付或拖欠费用。 同时，《通知》强调，主承销商应充分保障投资者合法权益，不得将包销变相作为主动投资争揽客户的 手段。承销机构开展余额包销应当报价公允、程序合规，并严格按照发行文件披露的方式确定余额包销 利率。余额包销不得挤占有效申购投资者认购规模，余额包销利率不得低于投资者有效申购利率上限。 针对投资者，《通知》指出，投资者不得协助发行人"自融"，不得参与内幕交易、操纵市场、利益输 送、非市场化发行等违法违规活动。承销机构投资债券的，应确保债券发行承销与投资等业务条线相互 隔离，防范利益冲突和道德风险。 华北地区某股份行人士告诉记者，债券承销是银行中间收入的重要来源，近年来多家银行承销业务相关 收入同比增长，《通知》下发将进一步倒逼银行投行部门强化业务规划性建设。 Wind ...