新华财经上海5月3电 "安波福对中国市场有毫不动摇的信心和承诺。"在近日举办的第二十一届上海国 际汽车工业展览会上，全球科技公司安波福中国及亚太区总裁杨晓明接受了新华财经记者的采访。安波 福在车展上发布了众多本地化方案和多项重大投资举措，是新时期跨国汽车供应链企业根植中国，"在 中国、为中国""在中国、为全球"的缩影。 杨晓明说，安波福正在全力、全速推进本地化战略2.0，以中国技术、中国人才、中国速度、中国成 本、中国供应链，构建起全面、彻底、完整的中国方案，与本土"朋友圈"无缝合作，推动智能电动汽车 技术在中国的无界融合、进化与普及，用深度国产化的产品助力中国汽车征战海外市场。 新华财经：安波福在车展上反复强调国产化和产业链自主可控，作为一家跨国企业，安波福为何会看重 这两点？ 杨晓明：我们在中国产业链上布局多年，已建立包含2000多家供应商的体系。强调自主可控，是因为随 着近期地缘政治的变化，自主可控对安波福这类国际性企业同样带来了挑战，即在中国的国际性企业能 否够在任何条件下都保证中国客户供应的连续性、可靠性和不可中断性？ 自主可控是一个深度国产化的概念。现在，跨国企业的国产化有了新的定义，即所有知识产 ...

事件：物产中大发布 2024年年报。全年实现营业收入为 5995.2亿元，同比上升3.3%；归母净利润为 30.8 亿元，同比下降14.9%；扣非归母净利润为25.0亿元，同比下降17.5%；经营现金流净额为41.49 亿 元，同比增长928.3%。 智慧供应链集成服务主业竞争优势不断稳固。2024年，智慧供应链集成服务实现营业收入5537.70 亿 元，占公司营业收入92.37%；利润总额34.98 亿元，贡献占比53.92%。其中，金属、能源、化工、汽车 服务等核心业务营业规模均位列全国前列。主要品种的经营数据如下：钢材销售7459.46 万吨，矿石销 售4176.80 万吨，煤炭销售5,958.37 万吨，化工销售1639.96 万吨，农产品销售370.61 万吨，油品销售 428.73 万吨，元通汽车跻身2024 年中国汽车经销商集团百强第七名。 现金分红比率持续提高。每股派发现金红利0.21 元(含税)，现金分红和股份回购金额共计11.97 亿元， 占归母净利润比例为38.89%。2015 年整体上市以来合计现金分红99.90 亿元，较好实现了以提高上市公 司内在价值为核心、高质量发展回报投资者的理 ...

网经社电子商务研究中心发布的报告将物流科技定义为：以电商业务为依托的物流生态，包括综合电商物流、跨境物流、即时物流、仓储物流、货运020、 第三方快递、最后一公里、智能物流服务商、物流供应 链以及大宗物流等。 在物流科技产业链中，主要的玩家包括：1)综合电商物流类：菜鸟网络、京东物流、苏宁物流、安迅物流等；2)跨境物流类：运去哪、递四方、纵腾集团 等；3)即时物流类：达达快送、美团配送、顺丰同城、蜂鸟配送等；4)仓储物流：派迅智能、海柔创新、Syrius炬星等；5)货运020类：UU跑腿、闪送、滴滴 货运、货拉拉、快狗打车等；6)第三方快递：顺丰、申通快递、圆通速递、中通速递、韵达快递、极兔快递等；7)最后一公里：丰巢、近邻宝等；8)智慧物 流服务商：地上铁、鸭嘴兽、风火递等；9)大宗物流网络类：网盛运泽、传化智联等；10)物流供应链类：普洛斯、日日顺等。 从网经社企业库了解，"北上广浙"四地的物流科技企业最多。其中，北京地区物流科技企业主要有京东物流、G7易流、闪送、滴滴货运等；上海有达达、 德邦快递、快仓、安能物流、极兔速递、中通快递等；浙江地区有菜鸟、送件侠、顺丰同城、快货运、韵达、申通快递、百世物流等 ...

Core Viewpoint - Xiamen International Trade Group has reported a significant decline in revenue and net profit for 2024, with a focus on improving supply chain management and health technology business performance in 2025 [1][2][3][4]. Financial Performance - In 2024, the company achieved operating revenue of 354.44 billion yuan, a decrease of 24.30% year-on-year, and a net profit attributable to shareholders of 626 million yuan, down 67.33% year-on-year [1]. - The net cash flow from operating activities was -931 million yuan, compared to 3.206 billion yuan in the same period of 2023 [1]. - Basic earnings per share were 0.04 yuan, a decline of 93.75% year-on-year, and the weighted average return on equity was 0.37%, down 6.28 percentage points year-on-year [1]. Quarterly Performance - In Q4 2024, the company reported operating revenue of 68.11 billion yuan, an increase of 0.86% year-on-year but a decrease of 25.25% quarter-on-quarter [1]. - The net profit attributable to shareholders in Q4 was -8.6 million yuan, compared to a profit of 4.9 million yuan in the same period of 2023, although the loss narrowed [1]. - For Q1 2025, the company achieved operating revenue of 70.53 billion yuan, a decrease of 27.19% year-on-year but an increase of 3.56% quarter-on-quarter, with a net profit of 422 million yuan, up 2.76% year-on-year [1]. Supply Chain Management - In 2024, the supply chain management business generated revenue of 353.22 billion yuan, down 24.09% year-on-year, with overseas revenue of 65.86 billion yuan and total import-export volume of 14.418 billion USD [2]. - The overall gross margin for the supply chain management business improved to 1.83%, an increase of 0.36 percentage points year-on-year, despite a decline in operating volume for major categories [2]. - Key product categories such as iron ore, steel, and coal maintained strong market positions, with significant improvements in gross margins [2]. Health Technology Business - The health technology segment reported revenue of 1.103 billion yuan in 2024, a growth of 49.61% year-on-year, with a gross margin of 41.04%, up 16.31 percentage points [3]. - The subsidiary, Paiter Medical, achieved revenue of 584 million yuan, a year-on-year increase of 15.42%, with over 50% of its revenue coming from overseas markets [3]. Shareholder Returns - The company announced a cash dividend of 0.33 yuan per share for 2024, totaling 715 million yuan, which represents 114.32% of the annual net profit attributable to shareholders, with a year-on-year increase in the dividend payout ratio of 56.76 percentage points [4]. - For 2025, the company plans to continue mid-term cash dividends, with amounts not exceeding 50% of the net profit attributable to shareholders for the corresponding period [4]. Profit Forecast and Valuation - The profit forecast for 2025-2027 has been adjusted, with expected net profits of 1.359 billion yuan, 1.657 billion yuan, and 1.976 billion yuan respectively [4]. - The projected earnings per share for 2025-2027 are 0.63 yuan, 0.76 yuan, and 0.91 yuan, with the current stock price at 6.27 yuan, resulting in corresponding price-to-earnings ratios of 10.0X, 8.2X, and 6.9X [4].

"讲政策""送服务""树信心" 民营经济偏弱，是制约龙江发展的难题。 为了破解这一难题，2022年以来，黑龙江省先后出台《中共黑龙江省委 黑龙江省人民政府关于振兴发 展民营经济的若干意见》《黑龙江省民营经济发展促进条例》《黑龙江省关于支持鼓励引导民营经济健 康发展的若干政策措施》等政策法规。这些政策聚焦民营企业关注的热点难点堵点问题，从更大力度激 发民间投资、增强民营经济发展要素保障、推动民营经济提质升级、营造一流民营经济发展环境等方面 提出具有针对性、含金量的政策措施，进一步促进民营经济健康发展、高质量发展。 原标题：14.8万次扣门化解2000余条诉求 全省民企大走访交出答卷 叮咚，随着1000万贷款到账的信息提示音传来，黑龙江北赢物流供应链集团的老板一颗提着的心终于落 了地。春节前，由于货物积压造成流动资金紧张，北赢物流资金周转陷入窘境。齐齐哈尔昂昂溪区发改 局在民营企业大走访时得知这一情况，协调了交通银行齐齐哈尔分行仅用一天半时间就通过普惠快贷解 决了难题。 这是今年春天黑龙江省民营企业收到的一份"礼物"。 2024年12月25日到2025年3月20日，黑龙江省开展全省服务民营企业大走访行动，组织省、 ...

Economic Goals - The action plan aims for Hubei Province's total economic output to exceed 7 trillion yuan by 2027 and reach approximately 9 trillion yuan by 2030 [1] Key Work Areas - Accelerate investment expansion and quality improvement, implementing the "Ten Thousand Enterprises, Ten Trillion" smart transformation project, and promoting new infrastructure development [1] - Encourage private investment to reach around 60% by 2027 through a list of projects [1] - Enhance service supply quality in sectors like elderly care, education, healthcare, and tourism to stimulate consumption [1] Enterprise Development - Aim to add approximately 100,000 new entrepreneurial entities returning to Hubei each year and 400,000 college graduates to stay and work in the province [2] - Support the growth of high-quality enterprises through a structured nurturing path from small tech firms to national-level specialized enterprises [2] - Target a total of around 3.2 million enterprises by 2027 and 4 million by 2030 [2] Financial and Technological Innovation - Establish Hubei as a central hub for technology finance, enhancing credit loan reforms for tech firms and developing various investment funds [2] - Explore carbon financial services and aim to create a national carbon finance center [2] Supply Chain Development - Strengthen supply chain efficiency and coverage, aiming for comprehensive supply chain platform integration by 2030 [3] - Develop functional supply chain platforms in logistics, finance, technology innovation, and international trade [3] - Position Hubei as a key resource allocation center for international supply chains by 2030 [3]

一是发展供应链金融应完整、准确、全面贯彻新发展理念，深刻把握金融工作的政治性、人民性，以服 务实体经济、服务社会民生、服务国家战略为出发点，以维护市场公平有序为立足点，促进降低产业链 供应链整体融资成本，实现上下游企业互利共赢发展。 二是要求供应链核心企业及时支付中小企业款项，合理共担供应链融资成本，不得利用优势地位拖欠中 小企业账款或不当增加中小企业应收账款，不得要求中小企业接受不合理的付款期限，不得滥用非现金 支付方式变相延长付款期限。明确应收账款电子凭证付款期限原则上应在6个月以内，最长不超过1年。 问：《通知》对中小企业的权益保障体现在哪些方面？ 答：为切实保障中小企业参与应收账款电子凭证等供应链金融业务的合法权益，《通知》要求： 六部门：明确应收账款电子凭证付款期限原则上应在6个月以内 最长不超过1年 智通财经4月30日电，近日，中国人民银行联合金融监管总局、最高人民法院、国家发展改革委、商务 部、市场监管总局印发《关于规范供应链金融业务 引导供应链信息服务机构更好服务中小企业融资有 关事宜的通知》，自2025年6月15日起施行。中国人民银行有关负责人就《通知》回答了记者提问。 三是强化对中小企业的 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 （九）发售原则：香港公开发售部分将根据接获认购者的有效申请数目决定配发给认购者的股份数目。 配发基准可能根据认购者在香港公开发售部分有效申请的股份数目而有所不同，但应严格按照《香港联 合交易所有限公司证券上市规则》指定（或获豁免）的比例分摊。在适当的情况下，配发股份亦可通过 抽签方式进行，即部分认购者可能获配发比其他申请认购相同股份数目的认购者较多的股份，而未获抽 中的认购者可能不会获配发任何股份。公开发售部分与国际配售的部分的比例将按照《香港联合交易所 有限公司证券上市规则》规定的超额认购倍数以及香港联交所可能授予的有关豁免而设定"回拨"机制。 国际配售部分占本次发行的比例将根据香港公开发售部分比例（经回拨后）来决定。国际配售部分的配 售对象和配售额度将根据累计订单，充分考虑各种因素决定，包括但不限于：总体超额认购倍数、投资 者的质量、投资者的重要性和在过去交易中的表现、投资者下单的时间、订单的大小、价格的敏感度、 预路演的参与程度、对该投资者后市行为的预计等。在本次国际配售分配中，将依照与基石投资者签署 的相关协议优先考虑基石投资者（如有）。 在不允许就安 ...

证 券 研 究 报 告 厦门国贸（600755）2024 年报及 2025 年一季报点评 强推（维持） 公司提高分红比例延续高股息回报，一季度 实现小幅增长 ❖ 风险提示：经济出现下滑、大宗商品价格剧烈波动。 [ReportFinancialIndex] 主要财务指标 | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入(百万) | 354,440 | 314,548 | 324,229 | 343,048 | | 同比增速(%) | -24.3% | -11.3% | 3.1% | 5.8% | | 归母净利润(百万) | 626 | 1,278 | 1,509 | 1,656 | | 同比增速(%) | -67.3% | 104.3% | 18.0% | 9.8% | | 每股盈利(元) | 0.04 | 0.34 | 0.44 | 0.51 | | 市盈率(倍) | 173 | 18 | 14 | 12 | | 市净率(倍) | 0.7 | 0.6 | 0.6 | 0.6 | 注：每股盈利扣除了永续债利息 ...

Core Insights - The 2025 Shanghai Auto Show showcased a significant shift in the automotive industry, highlighting the growing importance of supply chain companies alongside traditional vehicle manufacturers [1][3] - The theme of the event, "Embrace Innovation, Win the Future," reflects the collaborative spirit between automotive manufacturers and supply chain enterprises, marking a transformation in industry dynamics [1] Group 1: Supply Chain Evolution - Supply chain companies are emerging from the shadows of vehicle brands, becoming key players in driving industry transformation [1] - Nearly 1,000 renowned companies from 26 countries participated in the event, with dedicated exhibition spaces for automotive technology and supply chains, indicating their rising prominence [1] - The event featured a variety of advanced technologies, including power battery modules and intelligent automotive chips, showcasing the capabilities of supply chain enterprises [1] Group 2: Localization and Innovation - Chinese automotive supply chain companies are transitioning from "followers" to "participants," with a focus on localized solutions that cater to the domestic market [3] - Companies like Aptiv and Denso introduced localized products at the show, emphasizing the development of technologies that are free from foreign control and export restrictions [3][7] - Denso's CTO highlighted the company's commitment to accelerating technology development in response to the rapid evolution of electrification and intelligence in the automotive sector [7][10] Group 3: Strategic Collaborations - CATL announced a strategic partnership with GAC Group, unveiling new models and emphasizing collaboration with major automakers [10][12] - Huawei's DriveONE solutions have been adopted by 12 mainstream automakers, showcasing the company's extensive reach in providing intelligent electric vehicle solutions [12] - The collaboration between Audi and Momenta aims to create a new standard for intelligent driving, reflecting a deep understanding of Chinese consumer needs [13][16] Group 4: Global Expansion - Chinese automotive supply chain companies are not only focusing on local markets but are also expanding their reach globally, as seen with the internationalization of intelligent driving solutions [16] - The partnership between Zhiji Auto and Momenta represents a significant step in bringing Chinese intelligent driving technology to international markets, including Southeast Asia and Europe [16] - The evolution of the supply chain is marked by a transition from local supply to global output, indicating a competitive edge in the global automotive landscape [16]