2月27日，记者从国家税务总局获悉，天津、黑龙江、贵州、重庆等地多部门联合依法查处并曝光4起骗 取出口退税违法案件。 2025年3月，税务部门依据《中华人民共和国税收征收管理法》等相关法律法规规定，对上述3户企业追 缴骗取出口退税款2.01亿元，三年内停止为其办理出口退税。目前，杨荣栋等6人因涉嫌骗取出口退税 罪等由天津市滨海新区人民检察院向天津市第三中级人民法院、天津市滨海新区人民法院提起公诉。 国家税务总局驻沈阳稽查局联合黑龙江省税务公安等部门依法查处以刘敬伟为实际控制人的7户企业骗 取出口退税案件。 经查，2020年至2023年，以刘敬伟为实际控制人的牡丹江浩玮智能家具有限公司等7户企业，通过虚开 农产品发票，采取买单配票等违法手段骗取出口退税。 2024年2月，税务部门依据《中华人民共和国税收征收管理法》等相关法律法规规定，对牡丹江浩玮智 能家具有限公司等7户企业追缴骗取出口退税款6697.45万元，三年内停止为其办理出口退税。2025年10 月，齐齐哈尔市铁锋区人民法院对该案作出判决，主犯刘敬伟因犯骗取出口退税罪，被判处有期徒刑十 五年并处罚金；其余12名从犯分别被判处有期徒刑二年零十个月至十二年并 ...

成都天府国际空港综合保税区毗邻天府国际机场，规划面积1.08平方公里，是四川省第6个综合保税区。封 关运作后，可实现与机场口岸一体化监管和"一站式"通关，重点发展航空装备、医药冷链、航空维修、跨境电 商等适空产业，拓展保税维修、保税加工、保税研发、融资租赁等增值服务，推动"加工制造+国际贸易""服务 贸易+保税"融合发展。 "在飞机维修场景下，维修所需的精密仪器和复合材料可从综保区快速出区，直接运抵机坪，实现'即到即 用'。"成都双流机场海关物流监控二科科长白里表示，依托"7×24小时"通关机制等便利措施，航空维修保障效率 进一步提升。 成都海关表示，将持续探索"区港一体化"监管和制度创新，以制度红利降低企业成本、提升贸易便利化水 平。据统计，2025年四川省综合保税区进出口总值5824.1亿元，同比增长1.9%。 0:00 / 0:26 2月27日，四川首个空港型综合保税区——成都天府国际空港综合保税区正式封关运作，为西部高水平对外 开放注入新动能。在成都海关所属成都双流机场海关监管下，一辆装载空客A321飞机发动机的货柜车顺利通过 卡口驶入综保区，标志着该综保区首单业务落地。 "这台发动机由香港运抵成都， ...

"今天这台发动机由香港运抵成都，从实际通关体验来看，全程智能化核验、自动比对放行，流程高效 顺畅。据我们测算，依托综保区政策优势和区港一体便利条件，我们的综合运营成本降幅约20%。下一 步，我们将继续布局保税仓储与冷链业务，进一步拓展海内外市场，助力航空器材保障与国际供应链高 效运转。"四川智恒达供应链管理有限公司执行总经理杨莫玉说。 据了解，成都天府国际空港综合保税区是四川省内第6个综合保税区，毗邻天府国际机场，规划面积 1.08平方公里，封关运作后可实现与机场口岸一体化监管和"一站式"通关，将聚焦航空装备、医药冷 链、航空维修、跨境电商等适空领域，拓展保税维修、保税加工、保税研发、融资租赁等增值服务，推 动"加工制造+国际贸易""服务贸易+保税"等深度融合。 成都天府国际空港综合保税区正式封关运作 中新网成都2月27日电 (记者 张浪)27日，四川首个空港型综合保税区——成都天府国际空港综合保税区 正式封关运作。当日，在成都海关所属成都双流机场海关关员监管下，一辆装载空客A321飞机发动机 的货柜车经卡口驶入综合保税区，标志着成都天府国际空港综合保税区首单业务正式落地。 货柜车经卡口驶入综合保税区，标志着 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 2025年6月，浙江省义乌市检察院检察官"送法上门"，为外商普及知识产权保护相关法律知识。 2025年3月，浙江省杭州市滨江区检察院知识产权办案团队专题研究诉前促赔方案，破解追赃挽损难 题。 保护知识产权就是保护创新。从数字经济创新提质到具身智能、低空经济等新兴产业活力涌动，近年 来，浙江凭借"创新"一次次出圈，创新已成为高质量发展的关键变量。而浙江省检察机关也以实际行 动，切实强化新质生产力检察保护。 "在办案中，我们发现一些电子科技、生物材料等高新技术领域的企业，往往更容易遭遇侵权，相关案 件的罪责认定也更为复杂。"浙江省检察院知识产权检察部检察官吴俊洁告诉记者。 作为浙江省首批国家知识产权保护示范区、杭州国家自主创新示范区核心区，杭州市滨江区创新要素活 跃，创业产业蓬勃发展，科技创新能力持续提高，因此，侵犯知识产权案件较为频发。 "陆续有客户向国内一生产高端网络交换机的企业反映，终端机使用很不稳定，云计算服务器经常宕 机。"滨江区检察院检察官谢轶接到案件线索后，敏锐发现疑点重重、不合常理，于是督促企业立即彻 查。结果令他们大吃一惊，原来竟是企业使用了假的 ...

在全球化经济的浪潮中，供应链如同世界的血液循环系统，将原材料、零部件和成品跨越国界输送到每一个角落。然而，这个系统长期以来面临着信息不透 明、数据孤岛和信任缺失的挑战。与此同时，区块链技术以其去中心化、不可篡改和可追溯的特性悄然兴起，为供应链管理带来了全新的解决方案。而将这 两大领域知识进行精准转换和传播的翻译工作，也因此成为连接技术与应用的重要桥梁。 区块链与供应链管理的交叉领域，涉及计算机科学、物流学、金融学和管理学等多学科知识。因此，该领域的翻译具有鲜明的专业特性。首先，术语的准确 转换至关重要。比如"智能合约"不能简单理解为"聪明的合同"，而是指自动执行协议条款的计算机程序；"共识机制"也不是普通的意见统一，而是指区块链 网络中节点间达成数据一致的算法。其次，概念的本土化表达需要巧妙平衡。如"去中心化"概念在中文语境中需要兼顾技术特征与社会接受度，往往需要附 加简要说明。此外，由于该领域发展迅速，新词汇不断涌现，翻译工作者必须保持持续学习的状态，及时掌握最新概念的中文定名。 这种翻译的价值不仅体现在商业领域，在人道主义援助中同样发光发热。当国际组织通过区块链系统追踪救灾物资流向时，准确的多语言翻译确保 ...

Core Viewpoint - The Hainan Free Trade Port has been operational for two months, with significant developments in trade and investment opportunities, particularly for Zhejiang businesses, as the new policies facilitate easier access to both domestic and international markets [1][2][5]. Group 1: Trade and Investment Opportunities - The first batch of duty-free goods processed under the new Hainan Free Trade Port policy was completed shortly after the full closure, indicating a smooth transition to the new system [1]. - Zhejiang businesses have a long-standing presence in Hainan, with approximately 160,000 Zhejiang entrepreneurs and over 17,000 Zhejiang enterprises operating in the region [2]. - The new policy allows for a 30% processing value-added exemption from tariffs, significantly reducing costs for companies like Meishan Wang, which estimates annual savings of around 6 million yuan due to the elimination of import duties [2][3]. Group 2: Local Manufacturing and Industry Development - Hainan's local manufacturing base is relatively weak, but initiatives like the Zhejiang-Qiong Cooperation Industrial Park aim to enhance industrial chain connectivity and attract investment in high-tech sectors [4]. - The park has already attracted over 200 companies with planned investments exceeding 30 billion yuan, focusing on areas such as artificial intelligence, digital finance, and low-carbon processing [4]. Group 3: Global Economic Cooperation - The Hainan Free Trade Port is positioned as a key hub for global economic cooperation, with increasing interest from international businesses, particularly in high-end manufacturing and cross-border e-commerce [6][7]. - The unique policy framework of Hainan, characterized by a mix of liberalization and regulation, is seen as a strategic advantage for companies looking to expand their operations internationally [7]. Group 4: Challenges and Adaptations - Despite the opportunities, challenges remain regarding the implementation of new policies and the need for businesses to adapt to the evolving regulatory environment [8]. - The establishment of the "Zhejiang Business International Economic and Trade Cooperation Alliance" aims to facilitate deeper economic ties and collaboration under frameworks like RCEP [8][9]. Group 5: Economic Performance Indicators - Recent data shows a significant increase in duty-free shopping in Hainan, with sales reaching 1.106 billion yuan and a 26% increase in the number of shoppers during the first week of February [10].

Company Performance - The company, Binhai TEDA Logistics, announced a significant decline in expected revenue for the fiscal year 2025, projecting approximately 2.02 billion yuan, a decrease of about 1.69 billion yuan year-on-year [2] - The company anticipates a net loss attributable to shareholders of between 23 million yuan and 38 million yuan, contrasting with a net profit of 4.9 million yuan in the same period of 2024, indicating a shift from profit to loss [2] - In the first half of 2025, revenue has already decreased by 35.35% year-on-year, with the automotive logistics segment reporting an operational loss of 9.318 million yuan [4] Market Reaction - On February 12, 2026, the company's stock price fell by 13.33% to 0.39 HKD, with a trading volume of 313,600 HKD and a turnover rate of 0.23%, reflecting a significant market reaction to the profit warning [1] - The stock price broke below the 5-day moving average and the middle band of the Bollinger Bands, indicating increased short-term selling pressure [3] - Despite a net inflow of 290,700 HKD from retail investors, there was no inflow from institutional investors, highlighting low market participation [3] Industry Context - On February 12, the Hong Kong supply chain management sector declined by 1.58%, with the Hang Seng Index down by 0.86%, indicating broader market challenges [5] - The automotive logistics business contraction, combined with industry-wide demand weakness and cost pressures, has heightened investor concerns regarding the company's performance [5] Valuation Metrics - The company's current price-to-book ratio stands at 0.14, suggesting asset undervaluation, while the price-to-earnings ratio is at 20.11, indicating skepticism among investors regarding the company's ability to recover profits [4] - The dividend yield is reported at 8.33%, which may attract income-focused investors despite the overall performance concerns [4]

Core Insights - The 24-hour automated ordering platform is a comprehensive system driven by data and algorithms, designed to enhance procurement and order execution efficiency while reducing costs and risks [1][100]. Group 1: Business Positioning and Core Value - The platform serves diverse roles across different scenarios, providing intelligent replenishment for retailers, collaborative procurement for brands, and efficiency improvements for procurement agents [2]. - It enables rapid supplier response to inventory thresholds and sales forecasts, thereby minimizing stockouts and optimizing procurement structures [2]. Group 2: Business Model and Revenue Streams - The platform operates on a subscription model for basic features, while advanced functionalities are charged based on usage [3]. - It generates revenue through transaction commissions and data analytics services, creating additional value through data-driven insights [3]. Group 3: Competitive Advantages and Barriers - Data barriers are established through accumulated supplier data, price trends, and historical risk events, making it a unique asset [4]. - The platform's ability to maintain system stability and low latency in a 24/7 operational environment is a key differentiator [4]. Group 4: Core Value Chain and Business Processes - Demand triggers such as sales forecasts and inventory alerts feed into the decision-making system, which defines ordering strategies based on various factors [6]. - The decision engine integrates multiple information sources to prioritize ordering goals and execution [7]. Group 5: System Architecture and Key Components - The architecture is designed to be loosely coupled and highly cohesive, facilitating independent service units for decision-making, execution, and data management [13]. - Key components include a demand analysis module, an order management service, and a risk control module to monitor various risks [15][18][17]. Group 6: Data, Forecasting, and Intelligence - Internal data sources include sales, inventory, and supplier performance, while external data encompasses market indices and currency rates [43]. - Predictive models focus on demand trends, price forecasting, and supply risk assessments to inform dynamic ordering strategies [46][48]. Group 7: Industry Applications and Case Studies - In retail, the platform enhances intelligent replenishment across various store types, leading to reduced stockout rates and improved inventory turnover [81][82]. - The fresh produce sector benefits from timely ordering and delivery strategies, resulting in decreased spoilage and increased customer satisfaction [83][84]. Group 8: Future Trends and Development Directions - Future platforms will incorporate autonomous negotiation capabilities with suppliers, enhancing collaborative procurement [91]. - The integration of AI for comprehensive optimization in decision-making processes is anticipated, alongside the potential use of blockchain for supply chain transparency [92][94].

Core Viewpoint - The stock price of Xuesong Development Co., Ltd. (ST Xuefa) has surged, with a 25% increase over six trading days, despite the company facing serious legal issues involving its actual controller Zhang Jin and its parent company Xuesong Holdings Group [3][42][44]. Group 1: Stock Performance - On February 11, ST Xuefa opened with a limit-up and recorded four limit-up days within six trading days [1][3]. - The stock reached a market capitalization of 2.747 billion CNY, with a closing price of 5.05 CNY on February 11, reflecting a 4.99% increase from the previous day [2][3][42]. Group 2: Legal Issues - On February 10, Xuesong Development announced that the Guangzhou Intermediate People's Court had publicly pronounced a verdict against Xuesong Holdings and Zhang Jin for fundraising fraud and illegal public deposit absorption [5][44]. - The company stated that it had not yet received the relevant judgment document and emphasized that Zhang Jin, while being the actual controller, does not hold any position within the company [8][47]. Group 3: Shareholding and Control - As of February 10, 2026, Zhang Jin indirectly holds approximately 377.5 million shares, accounting for 69.40% of the total shares, with about 372.7 million shares under pledge and judicial freeze [9][48]. - Over two years, more than 68.50% of the company's shares have been under judicial freeze, raising concerns about the future control of the company [9][51]. Group 4: Financial Performance - Xuesong Development projected a net loss of 173.8 million to 245.3 million CNY for 2025, indicating a worsening financial situation compared to a loss of 157 million CNY in 2024, with an increase of 14.59% to 61.74% [14][52]. - The company has shifted its main business focus from apparel to supply chain management, with supply chain revenue contributing over 90% since 2022, while apparel revenue has drastically declined [17][55].

Investment Rating - The report assigns an "Accumulate" rating to Xiamen International Trade (600755) with a target price based on the last closing price of 6.71 [5]. Core Insights - Xiamen International Trade has unveiled a five-year strategic plan (2026-2030) aimed at enhancing its supply chain management capabilities and expanding its business boundaries [4][5]. - The company has experienced fluctuations in performance due to changes in demand for certain bulk commodities amid China's economic transition [4]. - Despite short-term performance pressures, the company is expected to leverage opportunities in the international market, enhancing operational efficiency and establishing competitive barriers [5]. Summary by Sections Company Overview - Founded in 1980, Xiamen International Trade started with import-export trade and has expanded into bulk commodities, currently leading the industry in supply chain management [4]. - The company provides eight types of services across various mature industrial chains, including metallurgy, energy, textiles, non-ferrous metals, pulp and paper, agriculture, rubber, and new energy [4]. Financial Performance - The company's net profit attributable to shareholders was 1.915 billion in 2023, dropping to 626 million in 2024, with a further decline of 18.94% in the first three quarters of 2025 [3][4]. - Revenue for the first half of 2025 from overseas business reached 29.5 billion, with total import-export volume at 6.58 billion USD [4]. Strategic Planning - The five-year plan emphasizes maintaining strategic focus, strengthening core supply chain management, and expanding application scenarios [4]. - The company aims to enhance its international presence and develop localized business operations to drive future growth [4].