根据市场公开信息及8月26日披露的机构调研信息，知名私募星石投资近期对3家上市公司进行了调研， 相关名单如下： 3）美瑞新材 （北京市星石投资管理有限公司参与公司路演活动） 调研纪要：美瑞新材在2025年上半年功能化工品原料板块取得进展，子公司美瑞科技聚氨酯产业园一期 项目各生产装置均已投产试运行，部分装置已实现稳定运行且小批量对外供应产品。公司通过自产异氰 酸酯产品替代外购原料，降低外部依赖和成本，开发新产品推动业务多元化。公司计划对河南子公司增 资，以增强资本实力，缓解流动资金压力，提升竞争力，预计不会对母公司现金流产生重大影响。TPU 材料可用于机器人皮肤，但公司产品暂无该领域应用。两个募投项目均在2024年底开工，预计2026年6 月底前达到预定可使用状态。 机构简介： 北京市星石投资管理有限公司(以下简称"星石投资")成立于2007年，是国内顶尖的私募证券投资基金管 理公司之一、中国证券投资基金业协会首批特别会员，国内最早成立的阳光私募公司之一。2015年星石 投资成为国内首批百亿证券私募。十三年来星石投资开创中国私募行业多个第一，包括第一家荣获国际 权威基金奖项"晨星中国对冲基金奖"的中国私募，第 ...

证券时报记者 张淑贤 西藏经济发展从"输血"到"造血"的关键跨越中，产业援藏可谓关键一环。各省市、各央企的援藏行动，不仅带来资 金与项目，更带来技术、理念与产业生态，为西藏培育内生发展动力。 "我们入驻后，带动其他的化妆品企业入驻。"林芝喜马拉雅第三极生物科技有限公司工厂总经理张保生透露，目 前林芝已有2家化妆品公司，整个西藏则拥有11家化妆品公司。 刚刚结束援藏任务的中央第十批援藏干部人才，以协调落实166.54亿元援藏资金、实施2900余个项目、打造培育 747个特色品牌，为"造血式"援藏写下生动注脚。 从能源到矿业，从园区到人才，产业援藏正以"授人以渔"的智慧，持续激活西藏经济的"造血"机能。 2022年，西藏矿业联合中国宝武集团另一家子公司，合计投资近60亿元，在西藏扎布耶建设碳酸锂生产线，同时 提取国内较紧缺的钾肥资源。据悉，扎布耶目前已知的锂资源约180万吨，钾资源共生+伴生（保有控制+推断资源 量）约为1500万吨。 "在产业帮扶方面，西藏矿业全面推动当地乡村地区经济发展。"张金涛称，"扎布耶项目开发时，公司运输和劳务 等方面的业务均委托给当地公司，三年时间里，当地农民增收接近6000万元。" ...

当3.7万带货达人的权限被抖音电商一夜间"熔断"，这场直播界的"奥斯卡颁奖典礼"终于露出了荒诞的底色。 2025年8月15日，抖音电商安全与信任中心发布打击直播间虚假宣传的最新进展。公告显示，自今年5月该平台发起专项治理以来，近3.7万达人被取消带货 权限，1778个违规商家被清退。 有人把花生米吹成"巨无霸"，有人把袜子包装成"抗癌神器"，更有甚者连电子秤都做了手脚——这哪里是带货直播间？分明是大型魔幻现实主义片场！ 直播间的"魔术戏法"比春晚还精彩 行业集体"去泡沫化"的阵痛时刻 据内部人士透露，某些被封号团队正连夜转移至其他平台。就像打地鼠游戏，一个平台严打，黑产就换个山头继续"割韭菜"。但风向确实变了：快手日前封 禁2.1万违规账号，淘宝直播启动"绿网计划"，整个行业正在经历"戒断反应"。 消费者用脚投票的时代来了。据清扬君舆情分析中心调查，超40%用户会因"过度表演"直接划走直播间。当"奥斯卡式演技"遭遇"金扫帚奖"待遇，这套"演技 变现"的商业模式也该进博物馆了。 需要说明的是，在化妆品行业，很多商家的"骗术"似乎显得更高级，他们虚构产品功效，比如"0添加酒精"、"孕妇可用"、"适用于敏感人群"、 ...

天眼查App显示，近日，江西积雪草生物科技有限公司成立，法定代表人为黄足英，注册资本200万人 民币，经营范围为许可项目：化妆品生产，食品添加剂生产（依法须经批准的项目，经相关部门批准后 在许可有效期内方可开展经营活动，具体经营项目和许可期限以相关部门批准文件或许可证件为准）一 般项目：日用化学产品制造，化妆品批发，非食用植物油加工，化妆品零售，消毒剂销售（不含危险化 学品），初级农产品收购，食品添加剂销售，传统香料制品经营，日用化学产品销售，成人情趣用品销 售（不含药品、医疗器械），成人情趣用品制造（不含药品、医疗器械），专用化学产品销售（不含危 险化学品），生物基材料技术研发，非食用植物油销售，农副产品销售，树木种植经营，中草药收购， 中草药种植，货物进出口（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - The article highlights the increasing interest in Japan's financial and real estate markets, particularly following Warren Buffett's investments in Japanese assets, which have contributed to significant gains in the Nikkei index over the past two years [2][4]. Group 1: Japan's Economic Recovery - Japan's economy is emerging from the "lost three decades," with inflation returning in 2024 and a notable increase in employee wages, which rose by 5.25% in the latest labor negotiations, marking the highest level in 34 years [4]. - The yield on Japan's 10-year government bonds reached its highest level since 2008 on July 23, 2024, indicating a shift in the economic landscape [4]. Group 2: Real Estate Market Dynamics - Following the burst of the real estate bubble, Japan's rental and sales ratios have become more attractive, with core cities like Tokyo experiencing a rise in real estate prices in recent years [5]. - The article mentions a previous successful research trip to Tokyo, which focused on various sectors including real estate, finance, and healthcare, leading to the current trip to Osaka and Kyoto to further explore these opportunities [5]. Group 3: Research Trip Details - The upcoming research trip from September 8 to 13, 2025, will include in-depth investigations into the real estate and cosmetics industries, featuring discussions with executives from notable companies like Ze Yu Group and TOA [12][16]. - Participants will also visit significant cultural sites and engage in activities such as experiencing Japanese whisky production at the Yamazaki Distillery and exploring the Panasonic Museum [37][35]. Group 4: Expert Guidance - The research trip will be led by experienced financial experts, including renowned economists who will provide insights into Japan's economic opportunities and asset allocation strategies [49][42].

Core Points - The founder of Han Shu, Lü Yixiong, publicly opposed overtime work, leading to employee skepticism about whether actual workloads would decrease [2][4] - The parent company, Shangmei Co., has set a target of 10 billion yuan by 2025, requiring Han Shu to maintain a growth rate of 50%, but its Douyin repurchase rate has dropped from 24% to 18% [1][3] - Shangmei Co. faces a "growth curse" with a marketing expense of 3.9 billion yuan, raising concerns about the sustainability of its reliance on the "racehorse mechanism" and marketing strategies as traffic dividends fade [1][20] Group 1: Internal Challenges - Lü Yixiong's anti-overtime stance has sparked controversy, with employees reporting that workloads remain high despite the ban on overtime [4][6] - Employees describe a "racehorse mechanism" that pressures teams to produce similar content, leading to a high-stress environment [4][8] - The cancellation of meal allowances and transportation reimbursements has further exacerbated employee dissatisfaction, as they now bear additional costs without a reduction in workload [6][7] Group 2: Marketing and Financial Performance - Han Shu's marketing strategy has historically been aggressive, with significant investments leading to high visibility but also high costs [20][21] - In 2024, Shangmei Co. reported revenue of 6.793 billion yuan, a year-on-year increase of 62.1%, but profit growth is slowing [16][21] - The marketing expenses for Shangmei Co. reached 3.9 billion yuan, accounting for 60% of total revenue, while R&D investment remains low at 2.6% [21][23] Group 3: Future Outlook - The company aims for a revenue target of 10 billion yuan by 2025, but achieving this will require Han Shu to sustain a 50% growth rate amidst rising marketing costs and channel imbalances [23][24] - The competitive landscape in the beauty market is intensifying, and the effectiveness of Lü Yixiong's anti-involution initiative remains to be seen [24]

Group 1 - Jiangning District has completed 36 projects and introduced new projects with a total investment exceeding 56 billion yuan in the first half of the year [1][2] - The Tianyin Health Innovation Park has been fully constructed, attracting nearly 10 companies in the biopharmaceutical sector, with a total building area of 395,000 square meters [1] - The high-end cosmetics production base and Huakang Zhenyan headquarters project, with a total investment of 1 billion yuan, will produce 25 million sets of cosmetics annually upon completion [2] Group 2 - Jiangning High-tech Zone successfully introduced 33 quality projects with a total investment of 10 billion yuan in the first half of the year, maintaining a leading position among high-tech zones in the city [2][3] - The Binjiang Economic Development Zone has signed 24 projects with investments over 1 billion yuan, totaling 4.02 billion yuan, and all major projects have resumed construction [3] - Jiangning District is focusing on a detailed monthly schedule to accelerate the development of major enterprises and improve project approval efficiency by 38% [4]

Core Points - The company announced the completion of the liquidation and deregistration of the investment fund "Qiongqing City Ruihong No. 1" [1][4] - The fund was established to optimize capital allocation and leverage professional investment capabilities [1][3] - The company held a 43.956% stake in the fund, contributing 8 million RMB out of a total of 18.2 million RMB [1][3] Fund Overview - The fund was established on May 10, 2022, in collaboration with Sichuan Huati Lighting Technology Co., Ltd. and Shenzhen Qianhai Ruihong Kaiyin Asset Management Co., Ltd. [1][2] - The fund completed its registration with the Asset Management Association of China on May 18, 2022 [2] Liquidation and Deregistration Details - During its operation, the fund invested in Zhuhai Chuntian Machinery Technology Co., Ltd. and generated some investment returns [3] - The decision to liquidate the fund was made to control investment risks and improve capital efficiency [3][4] Impact on the Company - The liquidation and deregistration of the fund will not have a substantial impact on the company's financial status or daily operations [5] - There are no adverse effects on the interests of the company or its shareholders, particularly minority shareholders [5]

Core Viewpoint - The article discusses the growing trend among urban workers to seek out and utilize company cafeterias, particularly those of other companies, as a solution to the daily dilemma of lunch options in a busy work environment [4][10][75]. Group 1: The Trend of Seeking Cafeterias - Urban workers are increasingly looking to eat at cafeterias, especially those of other companies, to enjoy better meal options and benefits [10][11]. - The phenomenon of "cafeteria hopping" has become popular, with workers sharing information about which cafeterias are open to outsiders [33][40]. - Social media has become a tool for workers to discover which areas have the most accessible cafeterias, indicating a community-driven approach to solving lunch issues [13][16]. Group 2: Cafeteria Characteristics and Pricing - Cafeterias in high-end areas, such as those in financial districts, often have a mix of pricing strategies, with some offering discounted rates for employees and others charging market prices [24][53]. - The article highlights specific cafeterias, such as the one in the National Health Commission, which offers affordable meal options, showcasing the demand for budget-friendly dining [51][53]. - The ambiance and pricing of these cafeterias often reflect the corporate culture and employee benefits, with some being more upscale and others more casual [19][46]. Group 3: Social Dynamics and Employee Perception - The presence of a cafeteria is often seen as a significant employee benefit, influencing job satisfaction and recruitment strategies [62][63]. - Workers perceive cafeterias as a reflection of company welfare, with a hierarchy forming around the quality and accessibility of these dining facilities [58][62]. - The article notes that many employees are curious about the dining experiences of others, leading to a competitive spirit regarding food options and benefits [60][65].

Core Viewpoint - The cosmetics market is entering a scientific skincare era, with technological strength becoming a focal point for consumers. Ingredient innovation driven by new consumer demands is a growing trend. Synthetic biology technology is providing new directions for raw material innovation, particularly in recombinant collagen, where consumers prioritize both efficacy and safety [1][7]. Group 1: Industry Trends and Developments - The demand for effective and safe products has led to an increased focus on ingredient testing as a crucial quality control measure. However, there is currently no unified national standard for testing recombinant collagen, prompting discussions on how to scientifically and accurately conduct authoritative testing [1][5]. - A seminar on "Detection Methods for Recombinant Collagen in Complex Matrices" was held, featuring experts from various institutions who discussed the challenges of separation and purification, the development of high-sensitivity detection methods, and the establishment of standardized testing systems [2][3]. Group 2: Technical Challenges and Methodologies - The detection of recombinant collagen in cosmetics is more complex than in medical devices or biological samples due to the presence of various interfering components such as plant extracts, proteins, polysaccharides, and surfactants. This complexity can weaken collagen signals and complicate quantitative detection [4][6]. - Current standardized detection methods primarily target pure protein samples, and their application to complex matrices requires careful consideration of matrix effects and the development of sample pre-treatment methods [6][7]. Group 3: Future Directions and Standardization Efforts - There is a lack of unified detection standards for recombinant collagen in cosmetics, despite existing standards in pharmaceuticals and agriculture. The complexity of the matrices involved makes it challenging to establish a standardized detection method [7][8]. - Experts suggest that before a national standard is established, existing standards can be referenced for testing, and methodological validation for complex matrix handling should be conducted [7][8].