作为项目的建设与运营主体，横琴深合投资有限公司（下称"深合公司"）董事长张立刚表示，项目创新 实施"全员驻场"机制，运用AI桩基质量监控、全过程BIM管理等智能化手段，确保工程优质安全。 据悉，产业园项目探索的"工业上岛""工业上楼"新模式，实践的"澳门注册+横琴生产"新路径，核心就 是为琴澳优质工业项目拓展物理空间、破解发展瓶颈。园区秉持"因澳而生 促澳多元"初心，按照"以需 定供 边建边招"原则推进。在首批交付的厂房中，预留了充足且可定制的高标准产业空间，满足澳门品 牌工业升级需求。目前，已累计接洽意向企业134家，其中澳资企业58家。 按照规划，园区将围绕澳门品牌工业核心定位，布局大健康产业、高端医疗器械与智慧医疗、生物医学 新技术、新质生产力创新集群四大赛道，旨在建设一个集研发、中试、生产于一体的综合性产业社区。 业内人士分析认为，项目建成后将有力承接澳门企业扩产需求，集聚全球大健康产业资源，成为琴澳规 则衔接、融合发展的实践平台。 深合公司负责人介绍，项目一标段将于2026年6月竣工交付，整体园区于2026年底建成，有望成为澳门 经济适度多元发展的新支点，助推粤澳深度融合迈上新台阶。 横琴粤澳深度合 ...

作者：行情君 行业估值方面，地产行业市盈率（TTM）平均值为10.09倍，行业中值-0.16倍。亿达中国市盈率-0.06 倍，行业排名第257位；其他百仕达控股（01168.HK）为0.72倍、恒达集团控股（03616.HK）为1.71 倍、中国新城市（01321.HK）为2.4倍、瑞森生活服务（01922.HK）为2.82倍、鑫苑服务（01895.HK） 为3.09倍。 资料显示，亿达中国控股有限公司(股票代码:3639.HK)于2014年6月27日在香港联交所主板上市,是集园 区开发、园区运营、工程建设等业务于一体的综合性集团化企业。作为中国领先的商务园区运营商,秉 承"以产促城、产城融合、协调发展、共创价值"的运营理念,自1998年开始,亿达中国重点布局京津冀、 长三角、大湾区、中西部及其他经济活跃区,已在全国二十余个城市先后开发和运营了大连软件园、武 汉软件新城、郑州亿达科技新城、长沙亿达中建智慧科技中心、重庆亿达创智广场、成都亿达天府智慧 科技城、合肥亿达智慧科技城、沈阳中德亿达智慧科技城、北京中关村壹号等50余个产业园项目,凝聚 了包括近百家世界五百强企业、百余家行业百强企业在内的两千五百余家企业 ...

Core Viewpoint - Shandong Xinneng Taishan Power Co., Ltd. is undergoing a transformation phase, focusing on industrial park development, asset operation, and cable production, which lays the groundwork for future value reassessment [1][8]. Group 1: Financial Performance and Strategic Adjustments - The company reported a revenue of 1.16 billion yuan for 2024, indicating financial pressure but a commitment to transformation [1]. - The characteristics of the investment phase are evident, with industrial park development being a long-cycle, capital-intensive business, leading to a time lag between initial investment and later operational returns [1]. - The company maintains a healthy financial structure, with cash reserves of 236 million yuan and a current ratio of 1.95, indicating strong short-term debt repayment capability [1]. Group 2: Core Business Areas Industrial Park Development - The company is positioning its projects in Nanjing as benchmarks for urban renewal and industrial upgrading, integrating various business types while significantly reducing energy consumption and operational costs [2]. - Plans to accelerate project development and enhance product promotion are in place, aiming to leverage favorable market policies for quicker returns [2]. Asset Operation - The subsidiary Ninghua Material is focusing on a light-asset model, transitioning from traditional property management to a service-oriented approach, enhancing operational efficiency through smart upgrades [3]. - The goal is to create a "smart park management + value-added services" profit model, optimizing existing asset operations while preparing for new projects [3]. Cable Production - The cable business, a traditional pillar, is facing order declines due to intensified competition, but the company is pursuing breakthroughs through technological upgrades and product innovation [4][5]. - Future plans include aligning cable production with the needs of industrial parks, providing customized power transmission solutions, and enhancing collaboration between park construction and equipment supply [5]. Group 3: Strategic Development and Policy Support - The company is leveraging national policies aimed at revitalizing state-owned assets, which is expected to enhance the efficiency of land conversion into industrial park projects [7]. - The green attributes of industrial park projects are becoming a core competitive advantage, attracting new energy and green technology companies, thus fostering an industrial cluster effect [7]. - The company is positioned to benefit from the hidden value of its assets and the technological accumulation in emerging businesses, with expectations of performance turning points as projects enter operational phases [8].