向不特定对象发行可转换公司债券 债券受托管理人 二〇二五年七月 重要声明 证券代码：002717.SZ 证券简称：ST 岭南 债券代码：128044.SZ 转债简称：岭南转债 岭南生态文旅股份有限公司 本报告依据《可转换公司债券管理办法》《岭南生态文旅股份有限公司与广 发证券股份有限公司关于岭南生态文旅股份有限公司 2018 年公开发行的可转换 公司债券之受托管理协议》（以下简称"受托管理协议"）《岭南生态文旅股份 有限公司公开发行可转换公司债券募集说明书》（以下简称"募集说明书"）等 相关公开信息披露文件、第三方中介机构出具的专业意见等，由债券受托管理 人广发证券股份有限公司（以下简称"广发证券"）编制。广发证券对本报告 中所包含的从上述文件中引述内容和信息未进行独立验证，也不就该等引述内 容和信息的真实性、准确性和完整性做出任何保证或承担任何责任。 据公司《关于"岭南转债"不能按期兑付本息的公告》（公告编号：2024- 进行本息兑付。 据公司《关于公司主体及相关债券信用等级的公告》（公告编号：2024- C，下调"岭南转债"的信用等级为 C。 "岭南转债"逾期事项可能会影响其他债权人对公司的信心，从而进一 ...

Core Viewpoint - The results of the 2024 Guangdong "Hundred Million Project" Agricultural Technology Influencer Short Video Activity have been officially announced, highlighting the contributions of agricultural experts in promoting agricultural technology through social media platforms [2][3][14]. Group 1: Event Overview - The event was launched on November 25, 2024, focusing on agricultural industry development and technology needs, encouraging participants to create content around key seasons, industries, and regions [8][10]. - The activity received over 3,500 submissions, with total views exceeding 100 million, establishing a "technology bridge" connecting the field and the cloud [13][14]. Group 2: Award Winners - Ten individuals were awarded the title of "Top Influencers," including Hu Zhulin, Liang Weizhao, and Lin Jinjie, while another ten were recognized as "Outstanding Influencers" [3][4]. - The winners represent various agricultural sectors, including fruit trees, traditional Chinese medicine, and aquaculture, showcasing their expertise through engaging short videos [5][6]. Group 3: Impact on Agriculture - The activity has fostered a vibrant online community for agricultural knowledge sharing, creating a "cloud-based agricultural academy" atmosphere on platforms like Douyin [12][18]. - Participants, including agricultural technology specialists and local experts, have effectively translated practical agricultural techniques into easily understandable content for farmers [11][19].

今天(7月11日)，位于金沙江上游的国家"十四五"规划重大工程——巴塘水电站第三台机组通过72小时 试运行，正式投产发电。至此，巴塘水电站实现全容量投产发电，为今夏电力供应再添新保障。(央视 财经) ...

星标 ★ IPO日报 精彩文章第一时间推送 7月11日，泰福泵业股价（300992.SZ）低开之后，全天水下游荡，以-5.79%收盘。受收购消息刺激，7 月10日，泰福泵业的收盘价为26.75元，上涨6.24%。 7月9日晚间，浙江泰福泵业股份有限公司（下称"泰福泵业")公告，公司正筹划以现金方式购买浙江南 洋华诚科技股份有限公司（下称"南洋华诚"）不低于51%的股份并取得南洋华诚控股权，具体收购比例 以正式协议约定为准。 交易完成后，南洋华诚将成为公司控股子公司。 需要指出的是，本次交易预计构成重大资产重组，但不涉及发行股份，也不会导致公司控股股东和实际 控制人发生变更。 AI制图 跨界收购 资料显示，南洋华诚成立于2021年，主营业务为薄膜电容器相关BOPP薄膜材料的研发、生产和销售。 根据中国合成树脂协会高功能薄膜分会出具的证明，南洋华诚产销电容器用聚丙烯电子薄膜材料在2023 年为国内市场份额排名第一。 薄膜电容器是电气系统中的关键零部件，广泛应用于新能源汽车、新能源电力系统、低空经济、人形机 器人等战略性新兴产业和未来产业中，随着电力系统向智能化、高效化、绿色化方向不断发展，对薄膜 电容器的性能要求 ...

Core Viewpoint - The strategic transformation of the domestic fruit retail leader, Baiguoyuan, is showing initial positive results, with key operational data indicating a new growth cycle is beginning [1][2][3] Group 1: Strategic Transformation - Baiguoyuan's strategic transformation is driven by the dual trends of consumption upgrading and downgrading in the domestic market, leading to increased consumer demand for "high quality" and "high cost-performance" fruits [1][2] - The "High Quality and Cost-Performance Reputation Campaign" is a core initiative, featuring monthly promotions of selected high-value fruits to enhance customer loyalty and drive foot traffic [2][3] Group 2: Operational Performance - The "Good Fruit Reward" campaign has led to significant sales increases, with the first phase seeing a 234% increase in sales of kiwifruit priced at 5.9 yuan each, and the second phase achieving nearly 2,800 tons of sales for autumn pears, setting a five-year record [3][4] - Overall customer traffic has increased by 1,078% year-on-year, indicating successful validation of the company's strategic positioning [3] Group 3: Profitability and Supply Chain - The strategic focus on high-quality and cost-effective products is expected to optimize Baiguoyuan's profit structure, enhancing overall profitability and operational efficiency [4][5] - The company has established a global supply chain network, collaborating with over 800 direct sourcing bases across 26 countries, which strengthens its brand barrier and supports long-term value creation [6] Group 4: Store Optimization and Future Growth - Baiguoyuan has closed 966 underperforming stores to concentrate resources on more profitable locations, improving overall operational efficiency [7][8] - The company is set to restart its expansion in 2026, with expectations of revenue recovery and accelerated growth driven by improved product structure and customer traffic [7][8]

丨证券研究报告丨 公司研究丨点评报告丨长江电力（600900.SH） [Table_Title] 优化调度电量韧性增长，水电巨擘彰显稳健价值 报告要点 [Table_Summary] 公司二季度境内水电完成发电量 689.77 亿千瓦时，同比增长 1.63%，上半年完成发电量 1266.56 亿千瓦时，同比增加 5.01%。分电站来看，上游四座高电价电站的发电量延续较强表 现，下游三峡和葛洲坝两座电站电量明显下降，电量结构的优化预计将对公司营收及综合电价 表现形成重要支撑。整体来看，虽然外送电价有所调整，但在电量的延续稳步增长、高电价电 站增速更高的带动下，公司二季度业绩展望稳健。 分析师及联系人 SAC：S0490517080003 SAC：S0490520120001 SAC：S0490520110001 SAC：S0490523080003 SFC：BQT627 张韦华 司旗 宋尚骞 刘亚辉 请阅读最后评级说明和重要声明 %% %% %% %% [Table_Author] research.95579.com 1 长江电力（600900.SH） cjzqdt11111 [Table_Title 优化调 ...

丨证券研究报告丨 公司研究丨点评报告丨华能水电（600025.SH） [Table_Title] 来水转弱影响电量增幅，多重因素限制业绩预期 报告要点 [Table_Summary] 上半年澜沧江流域来水较多年平均偏丰，公司全力协调小湾和糯扎渡"两库"水位消落，加快 释放水电蓄能，叠加 TB 电站、硬梁包电站部分机组投产的拉动，上半年公司水电发电量同比 增长 10.93%，其中单二季度水电发电量同比增长 0.90%。整体来看，得益于水电和新能源装 机规模的持续扩张，公司二季度发电量同比增长 3.25%，而考虑云南省内年度交易电价有所调 整，预计公司收入端表现偏弱。此外，新机组投产后将带动折旧、运维等成本费用的同比提升， 公司二季度业绩或面临一定压力。 分析师及联系人 [Table_Author] SAC：S0490517080003 SAC：S0490520120001 SAC：S0490520110001 SAC：S0490523080003 SFC：BQT627 张韦华 司旗 宋尚骞 刘亚辉 华能水电（600025.SH） cjzqdt11111 [Table_Title 来水转弱影响电量增幅，多重因素限 ...

聚焦社会产业发展需求，优化计量服务。该局围绕蔬菜、农副产品等重点产业，精准发力，优化计量服 务。每年定期对辖区农贸市场开展周期检查活动，已为市场217家商铺提供上门检定服务，共检定电子 计价秤260余台，开展手机变砝码2200余人。同时，向商铺经营者宣传《集贸市场计量监督管理办 法》，增强经营者的法律意识。 为切实保障市场计量工作的精准性和公平性，新疆维吾尔自治区乌苏市市市场监管局强化党建引领，积 极践行"实干争先"理念，精准施策、靶向发力，以"三聚焦"推动计量服务高质量发展，为民生保障和产 业升级提供坚实支撑。 聚焦民生服务，提升计量惠民实效。该局聚焦民生计量保障，贯彻落实助企惠民政策，开放水表实验 室、天平砝码检定室等实验室，共享检定环境，助力企业计量精准。今年以来，共检定计量器具11800 余台。此外，对群众送检的家用计量器具（血压计、电子台秤等）做到能检尽检，告知检定结果，并解 答相关计量问题。为进一步加强民用"三表"计量监督管理，切实保障居民用水电气计量的准确性，维护 广大人民群众的合法权益，根据《自治区整治居民水电气计量不准确、收费不规范问题专项行动实施方 案》要求，乌苏市市场监督管理局于2025 ...

Core Viewpoint - The article highlights the significant role of marine ranching in Guangdong, China, as a primary source of fresh seafood during the fishing moratorium period, emphasizing the increasing demand for seafood and the technological advancements in aquaculture [1][5]. Group 1: Market Dynamics - The fishing moratorium period has led to marine ranches in Guangdong ramping up their output to meet market demand for fresh seafood [1][3]. - Large fresh food supermarkets are increasing their procurement from domestic marine ranches to fill the supply gap during the fishing moratorium [5]. Group 2: Technological Advancements - The marine ranch employs an intelligent management system for centralized control, monitoring various water quality indicators in real-time [7]. - The use of gravity-type deep-water cages enhances the survival rate of fish compared to traditional fish rafts, with Guangdong having built 6,396 such cages, the highest in the country [9]. Group 3: Production and Supply - The marine ranch is accelerating feeding and fattening processes as fish fry approach maturity, planning to supply the market in the next two weeks [3]. - The continuous increase in production from marine ranches in Guangdong is not only meeting local consumption needs but also supplying seafood to various regions across the country [9].

证券代码：000598 证券简称：兴蓉环境 成都市兴蓉环境股份有限公司 | 投资者关系活动 | ★特定对象调研 □分析师会议 | | | --- | --- | --- | | 类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 | | | | □其他 | | | 参与单位名称及 | 平安养老-徐唯俊 | | | 人员姓名 | | | | 时间 | 年 月 日 2025 7 11 | | | 地点 | 成都市兴蓉环境股份有限公司 | | | 上市公司接待人 | 刘杰 | | | 员姓名 | 问题 1：请介绍公司供排水及垃圾焚烧发电项目情况。 | | | | 答：公司目前运营及在建的供水项目规模约 430 万吨/日，在建 | | | | 项目主要为成都市自来水七厂三期剩余 40 万吨/日，目前已进入 试运行阶段。 | | | 投资者关系活动 | | | | | 公司目前运营及在建的污水处理项目规模逾 万吨/日， 480 | | | 主要内容介绍 | 其中已投运项目规模逾 450 万吨/日。在建项目计划于未来 | 1-2 | | | 年内投运。 | | | | ...