AI正加速在各行业场景落地，猎头领域也不例外。 原来慢则半小时的候选人筛选工作，现在有了AI工具，可以实现候选人的分秒级筛选。不止如此，拓客效率也有很大提升。过去猎头公司新顾问往往需要 数月才能积累起有效客户资源，而有了AI 的加持，CRM系统可以随时生成定制化数据报表，并实时推送通知，确保信息的即时追踪。 上述变化，近期正在人力公司科锐国际发生。 候选人端高效匹配：从"手动淘沙"到"智能淘金" 过去联系候选人时，猎头往往要投入大量精力进行手动筛选。猎头顾问Summer回忆，早年在小型猎企工作时，因缺乏完善的人才库，只能依赖招聘渠道搜 寻活跃候选人，主动发送文字信息等待对方回应以获取联系方式，再逐一打电话介绍岗位。整个过程漫长且低效，容易在繁琐的流程中错过合适人选。 如今，融入AI新技术，科锐国际近期迭代了候选人追踪系统（CTS系统）。在科锐国际工作了14年的资深猎头顾问Lynn介绍，利用CTS系统，顾问可以随时 查看人才库中候选人的过往跟踪记录，并且能够自动识别新人选是否已入库。"当收到一份新人选简历时，无需顾问手动操作，系统会即时推送该候选人在 库内的匹配情况。" 此外，CTS系统每日动态更新人选活跃度数 ...

责任100|2025年第九届CSR中国教育榜于7月10日正式启动，以"CSR影响力"及"ESG行动力"为指标，聚 焦教育赋能国家战略，发掘企业在乡村教育振兴、青少年成长发展、联合国可持续发展目标、减碳与应 对气候变化、乡村振兴与社会发展、全球责任实践等领域的持续贡献和创新行动，致力于推动更多企业 支持中国教育，深入参与中国发展。 责任100│CSR中国教育榜于2014年在政策指导下设立，旨在发现和表彰支持中国教育的优秀企业社会 责任项目，是中国教育领域最重要的SDGS、CSR和ESG奖项。截至2024年，共有652家企业申报，专家 委员会累计评选出290家企业579个优秀CSR项目案例。 随着全球经济一体化，中国企业全面推进国际化战略，新能源汽车及产业链、数字科技、跨境电商、绿 色能源等行业以全球领先实践打造竞争优势，并在教育均衡和创新、可持续发展、产业链协同、本地赋 能、文化融合等方向践行全球治理责任。为此，本届教育榜将于"年度特别项目"中增设"中国企业全球 责任优秀项目"奖项，以表彰中国出海企业在全球治理责任方向所取得的突出成果。 模块三：2025年最受公众认可项目评选 责任100|2025年第九届CSR ...

证券研究报告——晨会聚焦 2025 年 7 月 11 日 | 7 月金股组合 | | | --- | --- | | 股票代码 | 股票名称 | | 002244.SZ | 滨江集团 | | 002352.SZ | 顺丰控股 | | 1519.HK | 极兔速递-W | | 002648.SZ | 卫星化学 | | 688019.SH | 安集科技 | | 688680.SH | 海优新材 | | 603011.SH | 合锻智能 | | 600054.SH | 黄山旅游 | | 300476.SZ | 胜宏科技 | | 688519.SH | 南亚新材 | 中银晨会聚焦-20250711 ■重点关注 【策略研究】策略点评*王君 徐亚。上证指数"站上"3500 点，主因金融行业 股价强势及"反内卷"政策效果预期。后续上证指数"更进一步"，需要"反内卷" 等增量政策落地效果展现。 【策略研究】策略点评报告*王君 徐沛东。2025 年 6 月 23 日—2025 年 7 月 6 日。本期中国 A 股上市公司并购重组市场整体活跃度减弱，呈现出"频率 高、主体多、领域广"的三大特点。 【社会服务】人力资源服务行业：具 ...

摘要 聚焦服务消费崛起——社服行业 2025 年度中期投资策略 20250710 Q&A 2025 年中国服务型消费的整体趋势如何？ 中国服务型消费占比低于发达经济体，生存性消费占比较高，未来文娱 类消费潜力巨大，旅游等发展型服务消费有望受益。 茶饮行业 2025 年增长态势良好，同店增速超 20%，受益于高温天气和 外卖补贴。推荐市占率高且价格低的雪王，以及有空白市场空间的股民。 餐饮行业 2025 年整体超预期增长，但内部结构分化。平价大众连锁餐 饮经营数据好转，推荐小菜园绿茶、百胜中国，后者通过回购提供约 9%股息率。 美团面临竞争，但本地生活三边交易网络和一站式生态壁垒深厚，低线 城市经营优势突出，有望在即时零售补贴大战中胜出。 教育市场供不应求，格局走向集中，高资质公司有望获取更高市场份额。 关注学大、昂立以及港股卓越和思考乐等标的。 人力资源行业需求淡，但科锐和北京人力依托华为扩张实现结构性修复。 科锐合发招聘平台通过 AI 对接猎头与企业，提升效率。 酒店行业供过于求，Revpar 同比下降但降幅收窄，暑期文旅需求良好。 关注供给端降速和龙头集团的经营改善机会，推荐首旅集团。 2025 年以来， ...

Core Viewpoint - Youlan International's listing on NASDAQ marks a significant step in its global strategy as the first Chinese blue-collar talent service provider to enter the US market, leveraging its unique business model to tap into a trillion-level market and a workforce of 400 million blue-collar workers in China [1] Group 1: Capital Leverage and Global Expansion - Youlan International aims to replicate the growth story of Japan's Recruit Holdings by utilizing capital markets for global expansion, similar to Recruit's strategic acquisitions that increased its overseas revenue share from 20.3% in FY2013 to 53.44% in FY2024 [2][3] - The company has established a comprehensive service model covering the entire career lifecycle of blue-collar workers, facilitating over one million job matches annually and serving more than 50,000 enterprises, supported by a blue-collar service market in China valued at 12 trillion with a CAGR of 13.3% [3] Group 2: Market Timing and AI Integration - The timing of Youlan International's IPO aligns with the overall recovery of the US IPO market, which saw 211 companies complete IPOs raising a total of $26.933 billion as of July 9, with a 41.82% year-on-year increase in funds raised in Q2 [5][6] - The average return on the first day of trading has risen from 5.64% to 15.09%, indicating a resurgence in market profitability, while the demand for AI-driven solutions remains strong, positioning Youlan's AI matching system and blockchain payroll solutions favorably in the current market [6][9] Group 3: Unique Global Strategy - Youlan International's global strategy is characterized by a dual-engine approach: leveraging capital for acquisitions to quickly gain market share and utilizing AI technology to enhance efficiency in blue-collar services, aiming to meet the industrialization needs of emerging markets along the Belt and Road [10] - The company is poised to transform its comprehensive blue-collar human resource service solutions into global competitiveness, capitalizing on the globalization of Chinese manufacturing and the industrialization demands of emerging markets [10][11]

栾健代表山东国投公司，对王晓松一行到访表示欢迎。栾健指出，山东国投公司作为山东省唯一一家省 级国有资本运营公司，聚焦资本运营和资产管理运营两大主业，科学谋划"三步走"百亿投资战略，将新 增投资的90%投向战新产业（300832）和未来产业，聚焦投早投小投硬科技，大力发展新质生产力。公 司强化与地方平台、优势央企、金融机构、高等院校联合协作，参与投资国家级重大科技专项、三代核 电技术代表项目和国产大飞机商用发动机等一批"国之重器""省之大者"优质项目，着力实施战略性并 购，加快实现由"轻资产"向"优资产"、"平台化"向"实业化"、"参与型"向"引领型"的"三个转变"。同 时，公司正加快推进人才集团专业化重组整合，实施二次创业，明确"五个三"发展战略，深化科技、人 才、产业三个融合，着力做强做优人才"招引""服务""投资""赋能"四个核心板块，聚力打造山东省人力 资源产业领军企业。山东国投公司与交通银行长期保持着良好的合作基础，希望双方未来继续深化各领 域交流合作，加强金融联动与资源共享，共同为服务国家重大战略和推动山东省经济社会高质量发展贡 献更大力量。 交通银行山东省分行副行长桑剑及有关部门主要负责同志，山东 ...

Core Insights - The article highlights the challenges faced by HR departments in performance management, emphasizing the inefficiencies of traditional assessment methods and the need for digital transformation in this area [1][2] Group 1: Pain Points in Performance Management - 72% of HR professionals spend over 40% of their work time on designing assessment forms, breaking down indicators, and collecting data, indicating a significant inefficiency in traditional methods [2] - Three main issues are identified: outdated systems, formalized assessments that do not match job characteristics, and data silos that disconnect assessment results from talent development and compensation [2] - HR departments often spend months designing performance assessment forms, only to abandon them due to execution challenges [2] Group 2: HRrule Solution - HRrule, launched by Jike Academy, offers an AI-driven platform that provides a comprehensive solution for performance management, enabling one-click generation of performance management systems and assessment forms [1][3] - The platform ensures compliance and strategic alignment by automatically adapting to the latest labor regulations and generating frameworks based on corporate annual strategies [3] - HRrule features four assessment models (KPI, OKR, BSC, 360-degree) that can be freely switched to match job characteristics, enhancing the precision of performance evaluations [6] Group 3: Future Outlook - HRrule is expanding its capabilities beyond performance management to include features like generating employee handbooks, job descriptions, talent profiles, and interview evaluation forms [7] - Future iterations of HRrule will incorporate predictive analytics to forecast changes in job competency needs and identify organizational management risks based on employee performance fluctuations [7] - The AI-driven revolution in performance management is set to redefine the concept of "human efficiency," allowing HR professionals to focus on higher-value tasks [7]

Investment Rating - The report maintains an "Outperform" rating for the industry, indicating a positive outlook for investment opportunities [2]. Core Insights - The human resources service industry demonstrates full-cycle growth capabilities, with steady growth during downturns and potential for rapid expansion during upturns. The industry is still in its early stages, with significant growth potential and currently low valuation levels for many listed companies [2][4]. Summary by Sections 1. Industry Overview - The human resources service industry encompasses a wide range of services aimed at balancing the supply and demand of human capital, including recruitment, career guidance, outsourcing, and consulting [11][12]. 2. Current Development Status - The market concentration is low, with a significant presence of flexible employment models indicating a blue ocean market. The industry has shown a compound annual growth rate (CAGR) of 12.91% from 2016 to 2023, with revenues expected to exceed 3 trillion RMB by 2025 [26][38]. 3. Future Industry Outlook - The industry is expected to benefit from economic, social, and technological changes, with a notable increase in demand for labor in the tertiary sector. The labor supply is projected to decrease, leading to higher employment costs, which will enhance the penetration of flexible employment and digital human resources solutions [59][66].

Group 1 - The report emphasizes that service consumption has become a core strategy for expanding domestic demand in 2025, with significant potential for growth in China compared to developed economies like the US and Japan [4][8][28] - The report highlights that China's per capita GDP has surpassed $10,000, marking a critical window for the rapid development of service consumption, particularly in entertainment and leisure sectors [4][30][32] - Key measures to boost service consumption include increasing residents' income, enhancing leisure time, and encouraging high-quality service supply [4][8][28] Group 2 - The tea beverage industry is identified as having substantial growth potential, with a rational increase in store numbers and a shift towards emotional value for consumers, particularly among younger demographics [9] - The restaurant industry is expected to see steady growth, with a focus on government subsidies and an increase in chain operations, indicating a structural differentiation between mass and high-end markets [10] - Meituan is noted for its strategic investments in ecosystem development, maintaining a competitive edge despite short-term market fluctuations [11] Group 3 - The education sector is experiencing a concentration of market share among high-quality institutions, driven by regulatory changes and a persistent demand for K12 education [12] - The human resources industry is undergoing structural recovery, with a focus on AI applications to enhance efficiency and reduce costs [13] - The tourism sector is benefiting from policy-driven support and accelerated industry consolidation, with a notable increase in domestic travel demand [14] Group 4 - The hotel industry is facing a slowdown in supply growth, with leading hotel groups adjusting their operations to maintain competitive performance [14] - The duty-free sector is showing signs of recovery, with a stabilization in average transaction values and a narrowing decline in sales, supported by product diversification and new channel expansions [15]

Core Insights - BIPO participated in a strategic summit focused on the globalization of the manufacturing industry in Malaysia and Indonesia, addressing talent challenges and compliance pathways for companies expanding overseas [1][3] Company Overview - BIPO, founded in 2010, is a global one-stop human resources service provider headquartered in Singapore, with a service network covering over 170 countries and regions [7] - The company has established more than 50 self-operated offices worldwide, assisting enterprises in achieving rapid globalization [7] Services Offered - BIPO provides a comprehensive range of services including: - Employer of Record (EOR) services, allowing companies to legally employ staff without establishing a local entity [5] - Global Payroll Outsourcing, ensuring accurate payroll processing across multiple currencies and tax systems [5] - HR Management System (HRMS) that integrates various HR functions such as onboarding, attendance, and payroll management [5] - Contractor management services to support flexible employment for platform and project-based companies [5] - Visa and local compliance consulting to assist with work permits and labor policies [5] Strategic Focus - BIPO aims to deepen its service capabilities in the manufacturing sector's overseas expansion, leveraging local resources and global technology platforms to support Chinese companies in compliant and efficient international operations [6]