截至发稿，云鼎科技市值为75亿元。 每经AI快讯，云鼎科技（SZ 000409，收盘价：10.99元）12月12日晚间发布公告称，公司第十一届第二 十九次董事会会议于2025年12月12日在山东省济南市工业南路57-1号高新万达J3写字楼公司1920会议室 召开。会议审议了《关于公司组织机构调整的议案》等文件。 每经头条（nbdtoutiao）——实施城乡居民增收计划、降准降息等工具灵活高效运用、增加普通高中学 位……深度解读中央经济工作会议 2025年1至6月份，云鼎科技的营业收入构成为：煤炭开采和洗选业占比42.23%，批发和零售业占比 19.18%，软件和信息技术服务业占比18.72%，租赁和商务服务业占比6.74%，专用设备制造业占比 5.44%。 （记者 王晓波） ...

顾继红摄（新华社发） 国家统计局10日发布的数据显示，11月份，居民消费价格指数（CPI）同比上涨0.7%，扣除食品和能源 价格的核心CPI同比上涨1.2%；工业生产者出厂价格指数（PPI）环比上涨0.1%，同比下降2.2%。业内 人士分析，价格指数的相关变化，反映出随着存量和增量政策接续发力，综合整治"内卷式"竞争持续推 进，物价水平继续呈现企稳态势。 扩内需政策措施继续显效 根据国家统计局发布的数据，11月份，CPI同比上涨0.7%，涨幅比上月扩大0.5个百分点，为2024年3月 份以来最高。 "CPI同比涨幅扩大主要是食品价格由降转涨拉动。"国家统计局城市司首席统计师董莉娟说，食品价格 由上月下降2.9%转为上涨0.2%，对CPI同比的影响由上月下拉0.54个百分点转为上拉0.04个百分点。食 品中，鲜菜价格由上月下降7.3%转为上涨14.5%，为连续下降9个月后首次转涨，对CPI同比的上拉影响 比上月增加约0.49个百分点；鲜果价格由上月下降2.0%转为上涨0.7%；牛肉和羊肉价格分别上涨6.2%和 3.7%，涨幅均有扩大。扣除食品和能源价格的核心CPI同比上涨1.2%，涨幅连续3个月保持在1%以上。 ...

本报记者 孟珂 12月10日，国家统计局发布数据显示，11月份，居民消费持续恢复，居民消费价格指数（CPI）环比略降0.1%，同比上涨 0.7%，扣除食品和能源价格的核心CPI同比上涨1.2%；受国内部分行业供需结构优化、国际大宗商品价格传导等因素影响，工 业生产者出厂价格指数（PPI）环比上涨0.1%，同比下降2.2%。 11月份，CPI环比下降0.1%，主要受服务价格季节性下降影响；同比上涨0.7%，涨幅比10月份扩大0.5个百分点，为2024年 3月份以来最高，反映居民消费持续恢复。 国家统计局城市司首席统计师董莉娟表示，我国各项宏观政策不断显效，价格呈现积极变化。 民生银行首席经济学家温彬在接受《证券日报》记者采访时表示，11月份，随着存量和增量政策接续发力，综合整治"内 卷式"竞争持续推进，物价水平进一步企稳。一方面，CPI同比涨幅创2024年3月份以来新高，核心CPI同比涨幅连续3个月保持 在1%以上；另一方面，PPI环比连续两个月上涨，部分行业价格呈现积极变化。 "展望2026年，随着扩内需等政策措施发力显效，现代化产业体系加快构建，叠加重点行业产能治理持续推进、市场竞争 秩序优化，物价有望温和 ...

12月10日，国家统计局最新发布数据显示，11月份，全国居民消费价格同比上涨0.7%，涨幅比上月扩 大0.5个百分点，为2024年3月以来最高。其中，城市上涨0.7%，农村上涨0.4%；食品价格上涨0.2%，非 食品价格上涨0.8%；消费品价格上涨0.6%，服务价格上涨0.7%。1—11月平均，全国居民消费价格与上 年同期持平。 具体来看，11月份，食品烟酒类价格同比上涨0.3%，影响CPI（居民消费价格指数）上涨约0.09个百分 点。食品中，鲜菜价格上涨14.5%，影响CPI上涨约0.31个百分点；水产品价格上涨1.5%，影响CPI上涨 约0.03个百分点；鲜果价格上涨0.7%，影响CPI上涨约0.01个百分点；蛋类价格下降12.5%，影响CPI下 降约0.08个百分点；畜肉类价格下降6.6%，影响CPI下降约0.2个百分点，其中猪肉价格下降15%，影响 CPI下降约0.21个百分点；粮食价格下降0.4%，影响CPI下降约0.01个百分点。 其他七大类价格同比五涨一平一降。其中，其他用品及服务、生活用品及服务、衣着价格分别上涨 14.2%、2.1%和1.9%，医疗保健、教育文化娱乐价格分别上涨1.6%和0. ...

每经AI快讯，云鼎科技（SZ 000409，收盘价：11.53元）12月8日晚间发布公告称，公司限售股份约 1005.26万股将于2025年12月10日解禁并上市流通，占公司总股本比例为1.4827%。 截至发稿，云鼎科技市值为78亿元。 每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 （记者 王晓波） 2025年1至6月份，云鼎科技的营业收入构成为：煤炭开采和洗选业占比42.23%，批发和零售业占比 19.18%，软件和信息技术服务业占比18.72%，租赁和商务服务业占比6.74%，专用设备制造业占比 5.44%。 ...

Group 1: CPI and Core CPI Trends - In October, the national CPI shifted from a year-on-year decrease of 0.3% in September to an increase of 0.2% [1] - The core CPI, excluding food and energy prices, rose by 1.2% year-on-year, marking the highest increase since March 2024 and the sixth consecutive month of growth [1] - Food prices decreased by 2.9%, with the decline narrowing by 1.5 percentage points compared to the previous month, impacting the CPI by approximately 0.54 percentage points [1] Group 2: Pork Price Dynamics - The price of pork has seen significant year-on-year declines, with decreases of 8.5%, 9.5%, 16.1%, 17.0%, and 16% from June to October [1] - The National Development and Reform Commission reported that pig farming is currently facing a loss of 192.70 yuan per head due to low pork prices [2] - Despite efforts to control production capacity, the actual reduction in breeding sows has been limited, with a total of 40.35 million breeding sows reported as of the end of September, which is 103.5% of the normal holding level [2] Group 3: PPI Trends - The PPI decreased by 2.1% year-on-year in October, continuing a trend of negative growth for 37 consecutive months, although the decline has narrowed by 0.2 percentage points compared to the previous month [2] - The PPI experienced a month-on-month increase of 0.1% in October, marking the first increase of the year, attributed to improved supply-demand relationships in certain industries and the transmission of international commodity prices [2][3] - Key industries are seeing a reduction in price declines due to ongoing capacity governance and safety regulation efforts, with notable improvements in coal mining and manufacturing sectors [3]

Group 1 - The CPI in October turned from a decrease of 0.3% in the previous month to an increase of 0.2%, indicating a positive shift in consumer prices [4] - Food prices decreased by 2.9%, but the decline narrowed by 1.5 percentage points compared to the previous month, impacting the CPI by approximately 0.54 percentage points [4] - The core CPI, excluding food and energy, rose by 1.2%, marking the highest increase since March 2024 and indicating a steady recovery in domestic consumption demand, particularly in service consumption [5] Group 2 - The PPI decreased by 2.1% year-on-year, but the decline narrowed by 0.2 percentage points for the third consecutive month, reflecting improvements in supply-demand relationships in key industries [7] - Prices in the photovoltaic equipment, battery manufacturing, and automotive manufacturing sectors saw a reduction in their decline by 1.4, 1.3, and 0.7 percentage points respectively, indicating a stabilization in these industries [7] - The manufacturing sector is experiencing a positive trend with price increases in various categories, such as 18.4% in arts and crafts, 3.3% in sports balls, and 2.1% in nutritional food manufacturing, driven by effective consumption-boosting policies [7] Group 3 - The overall economic vitality is steadily increasing, with domestic demand potential being released, as indicated by the positive inflation data [2] - The improvement in price data is comprehensive and solid, surpassing seasonal levels, reflecting a smoother economic internal circulation and enhanced growth quality [5] - Future inflation trends are expected to show a gradual recovery in CPI and alleviation of PPI deflationary pressures, contributing to a moderate upward shift in overall price levels [8]

Group 1 - In September, China's Producer Price Index (PPI) remained flat month-on-month and decreased by 2.3% year-on-year, with the decline narrowing by 0.6 percentage points compared to the previous month [1] - The PPI's month-on-month performance showed two main characteristics: first, improvements in supply and demand structures led to price stabilization in certain industries, notably a 3.8% increase in coal processing prices and a 2.5% increase in coal mining and washing prices, both rising for two consecutive months [1] - Second, domestic oil-related industry prices fell due to external factors, with a 2.7% decrease in oil extraction prices, a 1.5% decrease in refined petroleum product manufacturing prices, a 0.6% decrease in organic chemical raw material manufacturing prices, and a 0.2% decrease in chemical fiber manufacturing prices [1] Group 2 - Year-on-year, the effects of macroeconomic policies have become evident, with some industry prices showing positive changes, particularly in coal processing, coal mining and washing, photovoltaic equipment and components manufacturing, and battery manufacturing, where price declines narrowed by 8.3, 3, 2.4, and 0.5 percentage points respectively [2] - The upgrading of industrial structures and the release of consumer potential have contributed to price increases in related industries, such as a 1.2% rise in electronic specialty materials manufacturing prices [2]

Core Viewpoint - The year-on-year decline in September PPI continues to narrow, driven by price increases in anti-involution policy benefiting industries and non-ferrous metal sectors [1] Group 1: Anti-involution Policy Benefiting Industries - Industries benefiting from anti-involution policies include coal processing, black metal smelting and rolling, coal mining and washing, photovoltaic equipment and components manufacturing, battery manufacturing, and non-metallic mineral products, all showing a continued narrowing in year-on-year PPI decline [1] - The improvement in industrial product prices is primarily concentrated in upstream industries, with only localized price transmission observed in mid and downstream sectors, such as the photovoltaic equipment and components industry [1] Group 2: Non-ferrous Metal Sector - The non-ferrous metal sector, particularly copper prices, has seen significant increases driven by supply-side disruptions and the onset of the Federal Reserve's interest rate cut cycle [1] - Despite the improvements in industrial prices, a widespread price increase has not yet materialized across the board [1]

Core Insights - In September, China's Producer Price Index (PPI) decreased by 2.3% year-on-year, with the decline narrowing by 0.6 percentage points compared to the previous month [1] - The effects of macroeconomic policies are becoming evident, leading to positive price changes in certain industries [1] Industry Analysis - The price declines in several industries have narrowed, indicating effective capacity management and improved market competition. The following industries saw reduced year-on-year price declines: - Coal processing: down 8.3 percentage points - Black metal smelting and rolling: down 3.4 percentage points - Coal mining and washing: down 3.0 percentage points - Photovoltaic equipment and components manufacturing: down 2.4 percentage points - Battery manufacturing: down 0.5 percentage points - Non-metallic mineral products: down 0.4 percentage points - The combined downward impact on PPI from these six industries decreased by approximately 0.34 percentage points compared to the previous month [1] Price Trends - Structural upgrades and the release of consumer potential have led to price increases in related industries: - Aircraft manufacturing: up 1.4% year-on-year - Electronic special materials manufacturing: up 1.2% year-on-year - Wearable smart devices manufacturing: up 0.1% year-on-year - Policies aimed at boosting consumption are showing effects, with prices for arts and crafts and ceremonial goods rising by 14.7% year-on-year, and nutritional food manufacturing prices increasing by 1.8% year-on-year [1] Month-on-Month Analysis - The improvement in supply-demand structure has stabilized prices in certain industries: - Coal processing prices increased by 3.8% month-on-month - Coal mining and washing prices rose by 2.5% month-on-month - Black metal smelting and rolling prices increased by 0.2% month-on-month - Non-metallic mineral products and lithium-ion battery manufacturing prices decreased by 0.4% and 0.2% month-on-month, respectively, with declines narrowing by 0.6 and 0.3 percentage points compared to the previous month [2]