业绩方面，2022年至2024年，华达通的营业收入分别为2.77亿元、2.92亿元及3.66亿元；净利润分别为6168.47万元、6241.24 万元及6740.66万元。2024年，公司营收净利双增。 截至本招股说明书签署日，华达通控股股东、实际控制人为陈焕忠、徐鸣、徐义雄、陈培源和陈培滋，合计持有公司 82.10%的股份。其中，徐鸣持有公司24.04%的股份，其子徐义雄持有公司20.47%的股份；陈焕忠持有公司24.37%的股份， 其子女陈培源与陈培滋分别持有公司7.37%与5.85%的股份。 报告期内，陈焕忠、徐鸣、徐义雄、陈培源和陈培滋一直参与公司的经营活动，直接持有公司股权，并在所有重大问题上保 持一致，且已签署《一致行动协议》，因此将其认定为华达通的实际控制人。 瑞财经 王敏 6月17日，据北交所官网，惠州市华达通气体制造股份有限公司（以下简称"华达通"）北交所IPO获受理，保荐 机构为广发证券，保荐代表人为边洪滨、何焕明，会计师事务所为政旦志远（深圳）。 值得注意的是，华达通曾在2021年申报创业板IPO并获深交所受理，保荐机构为海通证券；后于2022年2月，华达通创业板 IPO终止。 招股书显 ...

Core Viewpoint - Henan Province is focusing on the comprehensive utilization of straw resources, aiming to enhance agricultural sustainability and reduce carbon emissions through innovative practices and collaborative efforts among various sectors [1][2][3] Group 1: Straw Resource Utilization - Henan Province generates approximately 100 million tons of straw annually, ranking second in the country [1] - In 2024, the province's straw collection potential is estimated at 78.96 million tons, with wheat, corn, peanuts, and rice straw accounting for 96.48% of the total [1] - The total straw utilization in the province is projected to be 74.51 million tons, maintaining a comprehensive utilization rate above 93%, with fertilizer and feed utilization accounting for 74.4% and 21.3% respectively [1] Group 2: Development Strategies - The province is implementing a "one area, one belt, one network, one alliance, one road" strategy to enhance straw utilization [2][3] - "One area" refers to the establishment of high-standard farmland demonstration zones that integrate various agricultural practices and technologies [2] - "One belt" focuses on developing a straw-to-feed industry belt in key livestock regions, enhancing the straw feed storage system and supporting technology upgrades [2] - "One network" aims to create a standardized straw collection and storage network across the province, ensuring comprehensive coverage [2] - "One alliance" involves forming a straw utilization industry alliance to facilitate collaboration and information sharing among government, enterprises, and other stakeholders [2] - "One road" emphasizes the development of high-value straw utilization pathways, including edible fungi substrates and eco-friendly materials [3]

Core Insights - Ping An Good Doctor has rebranded and launched its annual health service card, introducing a comprehensive "7+N+1" AI medical product matrix [1][4] Group 1: Brand and Service Development - Since its establishment in 2014, Ping An Good Doctor has become a leading provider of healthcare and elderly care management services in China, leveraging policy opportunities and user needs [2] - The company has built a service network covering 29 departments with approximately 50,000 internal and external doctors, linking 105,000 health service providers, 235,000 pharmacies, and 4,000 hospitals [2] - The platform has registered users reaching 400 million, with 20 million family doctor members and partnerships with 2,100 companies covering over 5 million employees [2] Group 2: New Service Offerings - The annual health service card emphasizes three key service areas: "Proactive Family Doctor Care," "Zero Distance to Experts," and "Comprehensive Medical Management" [3] - "Proactive Family Doctor Care" features a team of certified family doctors providing 24/7 case analysis and proactive services [3] - "Zero Distance to Experts" allows users to connect with over 3,000 experts within three hours, enhancing the service for critical patients [3] - "Comprehensive Medical Management" ensures full support for patients from registration to recovery, including surgical assistance and post-operative guidance [3] Group 3: AI Product Matrix - The "7+N+1" AI medical product matrix includes seven original AI medical products, such as "Ping An AI Doctor" and "AI Health Manager," aimed at enhancing service capabilities [4] - The "N" represents upgrades to existing AI Agent products, while "1" refers to the "Youyi" platform that extends AI capabilities to the broader society [4] - Collaboration with oncology experts aims to establish MDT diagnostic standards, focusing on the application of AI in clinical settings [4] Group 4: Strategic Direction - Ping An Group is committed to advancing its "comprehensive finance + healthcare and elderly care" strategy, focusing on customer-centric services [5] - The company aims to provide cost-effective healthcare and elderly care services, ensuring customers save time, money, and effort [5]

《公司章程》修订对照表 （2025 年 6 月） 根据《关于新〈公司法〉配套制度规则实施相关过渡期安排》 《上市公司章程指引（2025 年修订）》等相关法律法规及规范性文件的要求，公司修订了《公司章程》 ，因所涉及条目众 多，删除和新增条款导致原有条款序号发生变化（包括引用的各条款序号），在不涉及其他 修订的情况下，不再逐项列示。 修订前 修订后 第十条 法定代表人以公司名义从事的民事活 动，其法律后果由公司承受。本章程或者股东 会对法定代表人职权的限制，不得对抗善意相 对人。 法定代表人因为执行职务造成他人损害的，由 公司承担民事责任。公司承担民事责任后，依 照法律或者本章程的规定，可以向有过错的法 定代表人追偿。 第十条 公司全部资产分为等额股份，股 第十一条 股东以其认购的股份为限对公司承 东以其认购的股份为限对公司承担责任， 担责任，公司以其全部财产对公司的债务承担 公司以其全部资产对公司的债务承担责 责任。 任。 第十一条 本公司章程自生效之日起，即 第十二条 本章程自生效之日起，即成为规范 成为规范公司的组织与行为、公司与股东、 公司的组织与行为、公司与股东、股东与股东 股东与股东之间权利义务关系 ...

华塑控股股份有限公司 内幕信息知情人登记管理制度 （2025年修订） 第一章 总则 第一条 为规范华塑控股股份有限公司(以下简称"公司")的内幕信息管理，加强内幕 信息保密工作，杜绝内幕信息知情人从事内幕交易，以维护信息披露的公开、公平、公正 原则，维护广大投资者的合法权益，根据《公司法》《证券法》《上市公司信息披露管理办 法》《上市公司监管指引第5号——上市公司内幕信息知情人登记管理制度》《深圳证券交 易所股票上市规则》 《深圳证券交易所上市公司自律监管指引第5号——信息披露事务管理》 等有关法律、法规、规章及《公司章程》的有关规定，制定本制度。 第二条 本制度的适用范围包括公司及下属各部门、分公司、控股子公司及能够对其实 施重大影响的参股公司。 第三条 董事会负责内幕信息及知情人的登记管理工作，董事长为主要责任人。董事会 秘书负责办理内幕信息知情人的登记入档事宜。 公司各部门、分公司、控股子公司及能够对其实施重大影响的参股公司的负责人为其 管理范围内的内幕信息及知情人的登记管理工作责任人，负责其管理范围内的相关内幕信 息的报告、传递等工作。 第四条 公司董事会审计委员会应当对内幕信息知情人登记管理制度实施 ...

华塑控股股份有限公司 董事会授权管理办法 （2025年修订） 第一章 总则 第一条 为进一步完善华塑控股股份有限公司（以下简称"公司"）法人治理体 系和内部控制，规范董事会授权管理行为，提高公司经营决策效率，规范授权对象 的职责和行使职权的具体程序，根据《中华人民共和国公司法》《中华人民共和国 证券法》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指 引第1号——主板上市公司规范运作》《华塑控股股份有限公司公司章程》《总经理 工作细则》和其他相关法律、法规和规范性文件的规定，结合公司实际情况，制定 本办法。 第二条 本办法所称"授权"是指公司董事会在一定条件和范围内，将董事会职 权中的部分事项的决定权授予公司董事长和经理层。授权对象依据授权实施决策应 符合公司既定的决策程序和"三重一大"管理制度的要求。 第三条 本办法所称"经理层"是指公司的经营班子，负责公司经营管理工作的 人员，包括总经理、副总经理、财务负责人、公司董事会秘书等公司高级管理人员。 第二章 授权原则 第四条 授权管理应当遵循下列原则： （一）审慎授权原则：授权应当坚持依法合规、权责对等、风险可控等基本原 则，优先考虑风险防范目 ...

Core Viewpoint - The rising rice prices in Japan have sparked public outrage, leading to scrutiny of the Japan Agricultural Cooperatives (JA) as a potential cause of the price surge, with calls for its privatization gaining traction [1][2]. Group 1: Overview of Japan Agricultural Cooperatives (JA) - JA, or Japan Agricultural Cooperatives, is a mutual aid organization formed by farmers to address market risks and enhance bargaining power, established post-World War II [3]. - JA serves as a comprehensive service platform for farmers, handling everything from product sales to procurement of essential supplies and financial services [3][4]. - As of April 2025, there are 496 JA organizations employing approximately 167,000 staff, with JA banks holding deposits of 100 trillion yen and operating funds of 56 trillion yen [6]. Group 2: Issues with JA's Dominance - The extensive services provided by JA have led to a dependency among farmers, limiting their ability to seek alternative sales channels [8][9]. - JA's financial operations have faced significant losses, including a 1.8 trillion yen deficit in the Agricultural Central Bank, raising concerns about its role in driving up rice prices [10]. - The government’s rice reserve policy has resulted in 95% of the 210,000 tons of reserve rice being purchased by JA, leading to suspicions of price manipulation [11]. Group 3: Political and Economic Dynamics - The "agricultural policy triangle" involves a mutual support system among the ruling Liberal Democratic Party's agricultural faction, the Ministry of Agriculture, and JA, which has maintained high rice prices through production restrictions [12][13]. - This policy has resulted in high consumer prices, with a 5-kilogram bag of rice costing around 3,000 to 4,000 yen, while agricultural productivity has stagnated [13][15]. Group 4: Reform Efforts and Challenges - The new Minister of Agriculture, Koizumi Shinjiro, is attempting to bypass JA with a "rice stockpiling" policy to lower prices, but faces resistance due to JA's entrenched influence [16]. - Calls for reform include suggestions for privatization of JA or allowing farmers to sell directly to consumers, but many farmers lack the capability to adapt to such changes [17][18]. - JA is exploring international markets to alleviate domestic price pressures, but significant structural reforms are needed to improve efficiency and transparency [20]. Group 5: Future Outlook - The dual nature of JA as both a support system for farmers and a source of inefficiency poses challenges for reform, with the need to balance farmer protection and consumer interests [21][22]. - The effectiveness of Koizumi's reforms remains uncertain, with comparisons drawn to past privatization efforts in Japan [23].

6月16日晚间，湖北九有投资股份有限公司(以下简称"*ST九有（600462）")发布公告称，公司收到上海 证券交易所《关于湖北九有投资股份有限公司股票终止上市的决定》，上海证券交易所决定终止公司股 票上市。同时，*ST九有还收到中国证监会下发的《行政处罚事先告知书》，*ST九有连续4年财务造假 的违法违规行为被曝光。 "一退了之"行不通了。2024年，中国证监会秉持"退市不免责"的原则，对35家退市公司及责任人违法违 规问题一追到底。这意味着上市公司即便触及退市，其存在的违法违规行为并不会就此消除，公司和有 关责任人仍然要承担行政、民事甚至刑事责任。 *ST九有连续多年财务造假 公开资料显示，*ST九有主要从事综合性营销服务和化妆品销售业务，2003年在上交所上市。此前，因 公司2023年末归属于上市公司股东的净资产为负，*ST九有自2024年5月6日起被实施退市风险警示。 2024年12月19日，*ST九有发布公告称，公司因涉嫌信息披露违法违规被中国证监会立案调查。若后续 经中国证监会行政处罚认定的事实，触及《上海证券交易所股票上市规则》规定的重大违法强制退市情 形，公司股票将被实施重大违法强制退市。 今 ...

国内市场综述 窄幅整理 小幅收跌 周二（6 月 17 日）大盘窄幅整理，小幅收跌。截至收 盘，上证综指收于 3387.4 点，下跌 0.04%；深成指收 于 10151.43 点，下跌 0.12%；科创 50 下跌 0.8%；创 业板指下跌 0.36%，万得全 A 成交额共 12371 亿元， 较前一日略有下降。 行业方面，30 个中信一级行业有 16 个行业收涨，其 中综合金融、煤炭及综合涨幅居前，而医药、传媒及 轻工制造则跌幅较大。概念方面，稳定币、油气开采 及航运精选等指数表现活跃。 海外市场综述 美国三大股指全线收跌，特斯拉跌近 4% 周二（6 月 17 日），美国三大股指全线收跌，道指跌 0.7%，标普 500 指数跌 0.84%，纳指跌 0.91%。默克、 耐克跌超 3%，领跌道指。万得美国科技七巨头指数跌 0.81%，特斯拉跌近 4%，苹果跌超 1%。中概股普遍下跌， 再鼎医药跌超 8%，阿特斯太阳能跌逾 6%。 新闻精要 1. 习近平出席第二届中国－中亚峰会并作主旨发言 2. 我国对中亚国家投资持续加大 累计超过 300 亿美 元 3. 北京市商务局发布《关于进一步扩围 2025 年消费 品以 ...

Core Viewpoint - In 2024, Changchun has expanded its list of popular tourist spots to 120, aiming to convert online traffic into real visitors and enhance its tourism brand [1] Group 1: New Attractions - The newly added "MOTIAN Vitality City" features a rooftop Ferris wheel, the first fantasy movie theme park in Changchun, and the largest indoor sports complex [1][2] - The city has introduced a new indoor animal park with rainforest ecological landscaping, combining education, exhibition, and entertainment [3] Group 2: Entertainment and Shopping - The "MOTIAN Vitality City" includes a variety of entertainment options such as a children's amusement park and a new anime-themed game park, focusing on fun, health, and intelligence [2] - It hosts nearly a hundred well-known retail brands and various automobile brands, creating a fashionable shopping hub [2] Group 3: Cultural Experience - The development aims to inject warmth and emotion into the city, enhancing the romantic and passionate aspects of life through its attractions [3]