良品铺子：控股股东协议转让5.1%公司股份 智通财经7月18日电，良品铺子(603719.SH)公告称，公司控股股东宁波汉意与武汉网谷创新投资有限公 司签署股份转让协议，宁波汉意拟以12.42元/股的价格向网谷创投协议转让其持有的公司20,451,000股 股份，占上市公司股份总数的5.10%。此外，广州轻工工贸集团有限公司就股权转让纠纷对宁波汉意提 起了诉讼，并申请了财产保全，冻结宁波汉意所持公司79,763,962股股份。网谷创投作为武汉临空港经 济技术开发区下属国资企业，其购买武汉市东西湖区内的上市公司股权，旨在加强对区内上市公司的扶 持力度、推动区内食品大健康产业高质量发展。 ...

良品铺子在公告中表示，本次股权转让前，公司控股股东宁波汉意及其一致行动人良品投资合计持 有上市公司股份总数的38.22%。经交易各方协商一致，拟引入长江国贸成为公司控股股东，其与 公司具备产业协同性，能充分发挥长江国贸在供应链综合服务、国际及国内贸易、现代仓储物流等 方面的先进经验和行业资源优势，为公司转型发展全面赋能，形成公司"一品一链一园"的全链条产 业生态体系，助力公司实现高质量可持续发展。 公 告 显 示 ， 本 次 交 易 总 额 约 10.46 亿 元 ， 宁 波 汉 意 拟 向 长 江 国 贸 协 议 转 让 其 持 有 的 良 品 铺 子 72239880股股份，占上市公司股份总数的18.01%；良品投资拟向长江国贸协议转让其持有的良品 铺子11970120股股份，占上市公司股份总数的2.99%。本次权益变动不触及要约收购。转让双方不 存在关联关系。若本次交易顺利完成，将导致良品铺子控股股东及实际控制人发生变化，公司控股 股东将由宁波汉意变更为长江国贸，实际控制人将由杨红春、杨银芬、张国强、潘继红变更为武汉 市人民政府国有资产监督管理委员会。 对接需求请扫码 每日｜荐读 榜单： 「2025投资 ...

Group 1 - The A-share market showed positive performance on July 18, with the Consumer ETF (159928) rising nearly 1% and achieving a trading volume exceeding 260 million yuan, marking a net inflow of over 85 million yuan over the past four days [1][3] - The Consumer ETF (159928) has a total scale exceeding 12.2 billion yuan, leading its peers significantly [1] - Key stocks within the Consumer ETF saw gains, including Luzhou Laojiao and Xin Nuo Wei rising over 3%, Shanxi Fenjiu over 2%, and Guizhou Moutai and Muyuan Foods over 1% [3] Group 2 - The external environment for the food delivery market is evolving, with a significant increase in competition among major players, leading to a surge in daily orders [8] - The online food delivery market has expanded rapidly, with online dining accounting for nearly 25% of total dining consumption, while dining revenue constitutes about 11.2% of total retail sales [5] - The impact of delivery subsidies is expected to drive a substantial increase in overall dining revenue, with projections indicating a 48.6% year-on-year growth in food delivery revenue for July [11]

Group 1 - The core viewpoint of the news is the significant growth in China's industrial and information technology sectors in the first half of 2025, with a focus on digital technology advancements and manufacturing performance [1] - In the first half of 2025, the industrial added value of large-scale enterprises in China increased by 6.4% year-on-year, with the manufacturing sector accounting for 25.7% of GDP [1] - The number of large-scale industrial enterprises reached 520,000, and profits in the manufacturing sector grew by 5.4% year-on-year [1] - The digital industry saw a business revenue increase of 9.3% year-on-year, with a growth rate improvement of 3.4 percentage points compared to the previous year [1] - Significant advancements in technology and industry integration were noted, including the certification of the AG600 amphibious firefighting aircraft and the rapid application of humanoid robots across various fields [1] - The production of industrial robots and service robots increased by 35.6% and 25.5% year-on-year, respectively [1] - The equipment manufacturing sector accounted for 35.5% of the total industrial added value, demonstrating its role as a stabilizer in industrial development [1] - Fixed asset investments in key manufacturing sectors such as railways, shipbuilding, aerospace, and automobiles achieved double-digit growth [1] - Investment in equipment and tools increased by 17.3% year-on-year, contributing 86% to the overall investment growth [1] Group 2 - In the automotive industry, production and sales reached 15.621 million and 15.653 million units, respectively, with year-on-year growth of 12.5% and 11.4% [2] - New energy vehicles saw production and sales of 6.968 million and 6.937 million units, with year-on-year growth of 41.4% and 40.3%, respectively, making up 44.3% of new car sales [2] - The Ministry of Industry and Information Technology plans to ensure stable industrial economic operations and promote the integration of technological and industrial innovation [2] - Upcoming growth stabilization plans for key industries such as steel, non-ferrous metals, petrochemicals, and building materials are expected to be released [2] - The Ministry will also issue digital transformation plans for various industries, focusing on 82 typical scenarios for intelligent upgrades [2] - Future industry innovations will include the development of humanoid robots, the metaverse, and brain-computer interfaces, aiming to cultivate new industries and drive new growth [2]

农林牧渔 zhangmz@ccnew.com 13681931564 市场需求疲软，畜禽价格低迷 ——农林牧渔行业月报 证券研究报告-行业月报 强于大市(维持) 《农林牧渔行业月报：畜禽价格低迷，宠物 食品 618 消费表现亮眼》 2025-06-23 《农林牧渔行业半年度策略：周期掘金，向 新而行》 2025-06-18 《农林牧渔行业月报：指数表现强势，宠物 出口数据维持快速增长》 2025-05-20 联系人：李智 投资要点： 风险提示：畜禽价格大幅波动，粮价大幅波动，动物疫病的发生；我 国生物育种商业化应用不及预期；食品安全问题，自然灾害事件。 本报告版权属于中原证券股份有限公司 www.ccnew.com 请阅读最后一页各项声明 第1页 / 共15页 盈利预测和投资评级 | 公司简称 | 24EPS 25EPS | | 25PE | 评级 | | --- | --- | --- | --- | --- | | 牧原股份 | 3.30 | 3.76 | 10.26 | 增持 | | 普莱柯 | 0.27 | 0.52 | 26.60 | 增持 | | 秋乐种业 | 0.31 | 0.33 | 58.8 ...

食品饮料 分析师：刘冉 登记编码：S0730516010001 liuran@ccnew.com 021-50586281 食饮行情回落，保健品表现突出 ——食品饮料行业 6 月月报 证券研究报告-行业月报 同步大市(维持) 发布日期：2025 年 07 月 18 日 食品饮料相对沪深 300 指数表现 -16% -10% -5% 0% 5% 10% 16% 21% 2024.07 2024.11 2025.03 2025.07 食品饮料 沪深300 11730 《食品饮料行业深度分析：渠道与产品创新带 来新一轮增长》 2025-07-15 《食品饮料行业年度策略：成长中枢下沉，渠 道和产品创新推动发展》 2025-06-20 《食品饮料行业月报：食饮行情延续，多数子 板块表现优异》 2025-06-06 联系人：李智 投资要点： 本报告版权属于中原证券股份有限公司 www.ccnew.com 请阅读最后一页各项声明 第1页 / 共15页 电话： 0371-65585629 地址： 郑州郑东新区商务外环路10号18 楼 地址： 上海浦东新区世纪大道1788 号T1 座22 楼 ⚫ 2025 年 6 月，食品饮 ...

展望未来，周黑鸭有望凭借上半年积累的良好发展态势，继续深化战略布局。一方面，随着 "门店质量 改革"的持续推进，单店销售仍有较大提升空间，有望进一步推动利润增长。另一方面，原材料成本的 稳定控制以及费用率的持续优化，将为公司盈利能力的持续提升保驾护航。此外，周黑鸭在复合调味品 等新品类的积极探索，以及在新兴渠道、海外市场的稳步拓展，将为公司开辟全新的增长曲线，持续释 放长期价值，为消费赛道注入强心剂。 同时，原材料成本的下行趋势，直接推动了毛利率的上升，增强了集团的盈利空间。此外，通过精益管 理，集团成功优化了销售费用率，进一步提升了整体的盈利能力。 在消费市场逐渐回归理性、竞争愈发激烈的大环境下，周黑鸭通过精准的战略布局，实现了从注重规模 扩张到聚焦经营质量的转变，成功在行业普遍面临增长压力时，走出了一条以质取胜的差异化发展道 路，通过精细化运营，实现可持续的盈利增长。 7月18日，周黑鸭(01458)发布2025年上半年盈利预告，在休闲食品消费承压的背景下交出一份超预期答 卷，展现出强劲的盈利能力和发展韧性。 预告显示，周黑鸭预计于2025年上半年实现利润约9000万元至1.13亿元（不包括分占联营公司盈 ...

中国经济网北京7月18日讯(记者 周宇宁)第三届中国国际供应链促进博览会(简称"链博会")7月16日 在北京中国国际展览中心(顺义馆)开幕。本届链博会突出绿色办展理念，在倡导参展企业推行绿色搭建 方面成效显著。 链博会是全球首个以供应链为主题的国家级展会，由中国贸促会主办，主题为"链接世界、共创未 来"，本届会期为7月16日至20日。此次共有651家中外企业和机构参展，涉及75个国家、地区和国际组 织，其中境外参展商占比达35%。连同参展商带来的500多家产业链上下游合作伙伴，实际参展商将达 到1200家。 正大集团在第三届链博会上展示从"农场到餐桌"的绿色健康"食品链"。中国经济网记者周宇宁摄 第三届中国国际供应链促进博览会现场。中国经济网记者周宇宁摄 吉林化纤在第三届链博现场展示其绿色材料和低碳生活理念。中国经济网记者周宇宁摄 据中国贸促会副会长于健龙介绍，本届链博会在展区设置和展示方案上更加突出绿色发展。例如， 在本届链博会期间举办多场聚焦绿色低碳主题的研讨交流活动，鼓励各方共同构建可持续发展的产业链 生态。同时始终贯彻 "绿色、环保、可持续" 的办展理念，牢牢把握厉行节约、反对浪费的基本原则， 在展前 ...

"港交所的铜锣快不够用了。"这句投资者的调侃，正成为港股IPO（首次公开募股）市场火爆最为显性的一面。 7月9日，港交所金融大会堂6面铜锣齐鸣，创下年内上市公司数量纪录，也创下港交所铜锣数量新高，原本在香港各区巡礼展 览的铜锣都被拉回来摆在现场。 当日，峰岹科技（688279.SH）、极智嘉（2590.HK）、讯众通信（2597.HK）、大众口腔（2651.HK）、蓝思科技 （6613.HK）5家公司同日登陆港交所主板，恒生摩根美国股票高入息主动型ETF亦同日上市，金融大会堂首现六锣同鸣。 据万得（Wind）数据，2025年上半年，港股市场的IPO募资额高达1067亿港元，是去年同期的近8倍，重返全球第一。从上市 时间分布来看，5月与6月为上半年新股上市的集中时段，期间共有25家企业完成IPO，占上半年上市总量的58.14%。而2月、4 月分别仅有1家和2家企业实现上市，为上半年上市数量最少的两个月份。 从募资情况来看，实际募资额超过20亿港元的新股有8只，超过10亿港元的有17只。其中，实际募资总额前五名的分别为宁德 时代、恒瑞医药、海天味业、三花智控与蜜雪冰城，募资总额分别为410.06亿港元、113.7 ...

Group 1 - The "A+H" listing model in the domestic capital market has shown significant expansion since 2025, with many companies disclosing plans to list in Hong Kong across various sectors [1][2] - As of July 17, 2023, 10 A-share companies have listed in Hong Kong this year, bringing the total number of "A+H" companies to 160 [2] - The recent policy signals from regulatory authorities aim to enhance the efficiency of overseas listing management, indicating a supportive environment for companies seeking to list abroad [1][2] Group 2 - The introduction of five capital market cooperation measures by the China Securities Regulatory Commission (CSRC) in April 2024 supports leading domestic enterprises in listing in Hong Kong [2] - The Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange have optimized the approval process, reducing the new stock hearing cycle from "T+6" to "T+4" [2] - The implementation of a filing system in 2025 has significantly shortened the overseas listing approval timeline from six months to 2-3 months, exemplified by CATL's approval process taking only 25 days [2] Group 3 - The "green light" effect from regulators, combined with ongoing optimizations in the Hong Kong Stock Exchange's listing systems, presents a viable path for A-share companies to list in both markets [3] - Companies can achieve new financing increments and broaden international financing channels through re-listing, enhancing their global brand influence [4] - The "A+H" listing model helps mitigate systemic risks by diversifying market exposure, effectively hedging against policy, exchange rate, and liquidity risks [4] Group 4 - Analysts predict that the number of A-share companies listing in Hong Kong will continue to increase over the next 2 to 3 years [5]