格隆汇12月25日丨尤夫股份(002427.SZ)公布，近日，浙江尤夫高新纤维股份有限公司获得关于技改项 目专款专用政府补助款404万元，相关补助目前已到账，补助金额占公司最近一个会计年度经审计净利 润及最近一个会计年度经审计归属于母公司股东权益的比例分别为15.05%、0.44%，本次补助系与资产 相关的政府补助，与公司日常经营活动相关。 ...

（原标题：韩今年十大制造业投资为122万亿韩元，呈逐年增长趋势） 据韩联社12月1日报道，韩国产业通商部长官金正官当天主持召开民官联合产业投资战略会议，详 细了解半导体、汽车、显示器、二次电池、石化炼油、钢铁、生物、造船、智能制造、纤维等10大制造 业的投资执行情况。据悉，今年十大制造业国内设备投资计划较年初上调3万亿韩元达122万亿韩元， 2023年和2024年分别为100万亿韩元和110万亿韩元，呈逐年增加趋势。今年前三季度投资执行率为 68%，和去年同期相同，保持良好发展势头。十大制造业投资由半导体、汽车主导，约占投资计划的 80%，其中半导体以高端存储器为中心增加投资，积极应对全球人工智能需求热潮，而汽车业界正扩大 投资以实现电动汽车转型。参会企业向政府提出加快实施电动汽车补助金、扩大政策金融供应、引入投 资税额减免直接退税制、降低电费等诉求。 ...

Financial Data and Key Metrics Changes - Adjusted EBITDA increased by $4 million with EBITDA margins up by 70 basis points due to improved price-cost dynamics in Fiber, Polymers, and Integrated segments [14] - Free cash flow rose by almost 400% to $171 million in the quarter, demonstrating the resilience of the business model [14] Business Line Data and Key Metrics Changes - Customized polymer volumes increased by 2.2%, driven by low double-digit growth in small containers, while IBCs and large drums saw mid-single-digit declines [10] - Durable metals volumes declined by 5.8%, reflecting softness in North America and low single-digit declines in EMEA [11] - Sustainable fiber volumes decreased by 7.6%, with URB mills operating above 90% capacity [11] - Integrated Solutions volumes grew by 2.6%, led by strong recycled fiber volumes [12] Market Data and Key Metrics Changes - The markets chosen for investment are resilient despite a mixed macro environment, with targeted end markets like agrochemicals and pharma outperforming [10] - Customer sentiment remains cautious, and the overall macro economy is not robust, impacting volume performance [12] Company Strategy and Development Direction - The company is executing a "Build to Last" strategy, focusing on reshaping the portfolio and optimizing cost structures [20] - Divestments of the containerboard and Timberland businesses are aimed at concentrating efforts on high-growth markets, with expected cash proceeds of approximately €1.75 billion [8] - The company aims to achieve $100 million in cost reductions, with $20 million in run rate savings already achieved [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2027 commitments, emphasizing that as demand recovers, operating leverage will significantly enhance results [20] - The operating environment remains cautious, particularly in North America and EMEA, with no significant changes expected from tariffs [49] Other Important Information - The company plans to close the divestment of its containerboard business by the end of the month, with a focus on capital efficiency and durable shareholder returns [8] - The company has a solid pipeline for M&A opportunities, focusing on businesses that generate at least 18% EBITDA margin and 50% free cash flow conversion [61] Q&A Session Summary Question: How much of the guidance raise for the year was related to containerboard? - Management indicated that there was no containerboard impact in raising guidance, which was primarily due to SG&A cost reductions [24] Question: Can you comment on price-cost trends entering fiscal fourth quarter? - Steel costs have been relatively flat, with no significant changes expected in pricing [25] Question: What is the current normalized EBITDA for containerboard? - The trailing 12-month EBITDA for containerboard was $218 million, with current monthly figures at $25 million [29] Question: How do you view capital allocation following divestitures? - The company expects consistent cash flow generation and prioritizes dividends, maintenance, debt paydown, and organic growth [35][38] Question: What is the expected margin recovery in Integrated Solutions? - OCC pricing was a significant driver of margin squeeze, and the company is focused on maintaining a secure supply chain for recycled fiber [76]

IPO Pipeline Overview - As of August 10, there are 299 companies in the IPO pipeline, with 29 on the Shanghai Main Board, 36 on the Sci-Tech Innovation Board, 26 on the Shenzhen Main Board, 29 on the ChiNext, and 179 on the Beijing Stock Exchange [1][2]. Newly Listed Companies - From August 4 to August 10, three companies were newly listed: - Hansan (Nanjing) Technology Co., Ltd. on the ChiNext with a closing price of 82.89 CNY per share, a rise of 186.72%, and a trading volume of 2.048 billion CNY [4][5]. - Yangzhou Tianfulong Group Co., Ltd. on the Shanghai Main Board with a closing price of 56.80 CNY per share, a rise of 140.68%, and a trading volume of 1.971 billion CNY [5]. - Jiangsu Youli Intelligent Equipment Co., Ltd. on the Beijing Stock Exchange with a closing price of 83.22 CNY per share, a rise of 246.89%, and a trading volume of 732 million CNY [5]. New Counseling Record Companies - Eight companies were newly recorded for counseling from August 4 to August 10, including: - Beijing Jichuang Beifang Technology Co., Ltd., focusing on integrated circuit design [6][7]. - Yao Mazi Food Co., Ltd., specializing in seasoning products [8]. - Changde New Material Technology Co., Ltd., engaged in resource utilization and new materials [8]. - Anhui Jiren Pharmaceutical Co., Ltd., focusing on modern traditional Chinese medicine [8]. - Dongguan Yuanli Optoelectronics Co., Ltd., specializing in LCD backlight modules [8]. - Zhongdao Optoelectronic Equipment Co., Ltd., focusing on detection equipment for displays and solar cells [8]. - Tianbo Intelligent Technology (Shandong) Co., Ltd., producing various automotive sensors [9]. - Zhongxing Micro Technology Co., Ltd., providing video technology solutions based on AI and big data [9]. Approval Status of Companies - Three companies successfully passed the review process from August 4 to August 10: - Zhongcheng Zhixin Engineering Consulting Group Co., Ltd. on the Beijing Stock Exchange [10]. - Suzhou Fengbei Biotechnology Co., Ltd. on the Shanghai Main Board [10]. - Zhuhai Nante Metal Technology Co., Ltd. on the Beijing Stock Exchange [10]. - The review for Jiejia Robot Co., Ltd. was canceled [10]. Registration Approval - Two companies received registration approval from August 4 to August 10: - Guangzhou Bibete Pharmaceutical Co., Ltd., focusing on innovative drug development [16][17]. - Daming Electronics Co., Ltd., specializing in automotive electronic components [18]. Termination of Review - Only one company, Wenduoli Sunshade Materials (Dezhou) Co., Ltd., withdrew its IPO application during this period [20][21].

Group 1 - The provincial government emphasizes the importance of high-quality development to address external uncertainties and stabilize employment, enterprises, and market expectations [1] - The Changtai Yangtze River Bridge construction is nearing completion, with a focus on quality, safety, and efficiency to create a long-lasting infrastructure that supports economic growth [1] - There is a call for increased project planning and implementation to support job creation and enhance development momentum [1] Group 2 - The Liyang High-tech Zone's Chuangzhi Park is the largest near-zero carbon park in the province, aiming to build a renewable energy ecosystem and improve green electricity consumption [2] - Companies are encouraged to invest in breakthrough technologies to enhance their market competitiveness and address operational concerns [2] - The government is implementing measures to boost consumer spending and optimize the consumption environment to strengthen domestic demand [2] Group 3 - The government stresses the need for high-quality housing development that meets market trends and public expectations, ensuring safety and environmental standards [3] - The tourism sector is encouraged to leverage local resources and innovate marketing strategies to enhance visitor experiences and support rural revitalization [3]