总务省调查发现，由于日本夏季极端高温天气的影响，大米蔬菜等农产品歉收，从而推高了生鲜食品的价格。 农林水产省最新发表的数据显示，在8月4日~10日的一周内，日本全国超市销售的5公斤袋装大米的平均价格高达3737日元，比上一周涨了195日元。 西红柿的日均价格比过去5年内的平均价格高出40%，黄瓜、茄子、胡萝卜等农作物的均价也持续高于平均水平。不少日本国民直呼吃不起，家庭食品消费 支出显著增加。 据日本总务省最新公布的2025年7月全国消费者物价指数显示，除去受天气变动影响较大的生鲜食品以外，综合指数为111.6（2020年=100）。 这一数字同比上涨了3.1%，虽说比6月份的3.3%下降了0.2个百分点，但已经连续第8个月保持在3%以上的高水平。 从具体类别划分来看，不包括新鲜农产品的食品价格上涨8.3%，涨幅连续12个月攀升；大米价格涨了90.7%，保持在去年同期近2倍的高位； 随着访日游客数量的增加，住宿价格也上涨了6.0%；而水费却环比下降2.3%，公立高中学费大幅下降94.1%，这是因为日本各地实施了高中教育免费化政 策。 为了减轻物价疯涨给日本居民带来的生活压力，各地政府出台了相应的补贴政策。 据 ...

天眼查App显示，近日，景洪婧语美宿（个体工商户）成立，法定代表人为韩海婧，注册资本5万人民 币，经营范围为许可项目：住宿服务。（依法须经批准的项目，经相关部门批准后方可开展经营活动， 具体经营项目以相关部门批准文件或许可证件为准）一般项目：住房租赁；食品销售（仅销售预包装食 品）；个人互联网直播服务；互联网销售（除销售需要许可的商品）。（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）。 ...

Company Overview - Kunming Haiguangxing Commercial Service Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The legal representative of the company is Xu Zheng, and it is wholly owned by Kunming Haiguangxing Market Management Co., Ltd. [1] Business Scope - The company's business scope includes licensed projects such as accommodation services, catering services, medical services, and export supervision warehouse operations [1] - Other business activities include marketing planning, conference and exhibition services, cultural and artistic exchange activities, restaurant management, corporate image planning, information consulting services (excluding licensed information consulting services), property management, hotel management, commercial complex management services, consulting planning services, corporate management, corporate management consulting, packaging services, and parking lot services [1] Company Classification - The company is classified under the wholesale and retail industry, specifically in the wholesale sector [1] - It is registered as a limited liability company (non-natural person investment or holding) [1] Registration Details - The company is registered with the Kunming Market Supervision Administration and has an operating period until August 8, 2025, with no fixed term thereafter [1] - The registered address is located in YunNan Province, Dianzhong New District, at YunDing Plaza, Room 105, Building 4 [1]

Financial Data and Key Metrics Changes - For Q2 2025, KLX Energy Services reported revenue of $159 million, a 3% increase from Q1 2025, and adjusted EBITDA of $19 million, up 34% from Q1 [5][12] - Adjusted EBITDA margin improved by 260 basis points sequentially to 12%, despite a 7% decline in the US land rig count and a 14% drop in frac spread count [6][8] - The company ended Q2 with $16.7 million in cash and reduced restricted cash from $8.1 million in Q1 to $600,000 [17] Business Line Data and Key Metrics Changes - The Rockies segment revenue was $54.1 million, with adjusted EBITDA of $10.4 million, reflecting a sequential increase of 1355% driven by normalized seasonal operating levels [14] - The Southwest segment revenue decreased by 10% sequentially to $58.8 million, with an adjusted EBITDA of $7.2 million, down 38% due to reduced activity and extended completion holidays [14] - The Northeast Mid Con segment saw a 12% sequential revenue increase to $46.1 million, with adjusted EBITDA more than doubling, driven by higher utilization and reduced white space [15] Market Data and Key Metrics Changes - Q2 revenue and adjusted EBITDA per rig were $286,000 and $33,000 respectively, which were 8% and 172% ahead of results in 2021 [9] - The Rockies represented 34% of Q2 revenue, up from 31% in Q1, while the Southwest accounted for 37%, down from 42% [10] - By end market, drilling, completion, production, and intervention services contributed approximately 16%, 56%, and 28% of Q2 revenue respectively [11] Company Strategy and Development Direction - The company aims to pass along increased costs where possible and adjust sourcing to mitigate risks associated with the evolving tariff landscape [11] - KLX is focused on operational discipline, balance sheet flexibility, and proactive risk mitigation to navigate the volatile market environment [21] - The company is optimistic about long-term fundamentals for US natural gas, particularly in gas-focused basins, as new LNG export capacity ramps up [22] Management's Comments on Operating Environment and Future Outlook - Management noted that the macro environment remains challenging due to OPEC plus production increases, tariff policy overhangs, and recession risks [8] - For Q3, KLX expects to see sequential revenue growth in the low to mid single digits, with continued margin expansion [21] - The company remains committed to deleveraging its balance sheet and pursuing strategic M&A opportunities [22][24] Other Important Information - Total SG&A expense for Q2 was $18 million, with adjusted SG&A expense down 12% year-over-year and 8% sequentially [13] - The company ended Q2 with approximately $65 million in liquidity, an increase of 13% from Q1 [17] - CapEx for Q2 was $12.7 million gross, with expectations for gross CapEx in 2025 to be in the range of $40 to $50 million [19] Q&A Session Summary Question: Concerns about hitting Q3 revenue growth guidance given rig count decline - Management acknowledged the question and noted that while rig count is factored in, unexpected white space from customers could impact results. However, they observed strength in June and expect all three months of Q3 to be base loaded [30][31] Question: Opportunities in gas basins, specifically Haynesville and Marcellus - Management reported a 25% increase in Haynesville revenue quarter-over-quarter and noted stability in the Northeast, with opportunities for incremental work as gas rig count expands [32][33] Question: Cash flow expectations and potential asset sales or cost cuts - Management indicated that while they did not provide explicit guidance on free cash flow, they generated nearly $12 million of unlevered free cash flow in Q2 and expect liquidity to continue improving [34][36] Question: Drivers of elevated M&A discussions - Management attributed the increase in M&A discussions to capitulation among smaller service companies struggling in the current environment, leading to more realistic valuation expectations [43] Question: Impact of SOPs on various OFS service lines - Management emphasized the significance of SOPs and HSE requirements for larger operators, noting that smaller operators may not face the same level of scrutiny [44][46] Question: Expectations for seasonal impact in Q4 gas markets - Management expressed that while visibility is limited, they do not anticipate significant budget exhaustion in the Haynesville, although there may be concerns regarding the Marcellus Utica [48][50]

天眼查App显示，近日，汕头屿光酒店有限公司成立，法定代表人为吴名城，注册资本300万人民币， 汕头柏亚投资管理有限公司、汕头市沃森投资有限公司持股。 企业名称汕头屿光酒店有限公司法定代表人吴名城注册资本300万人民币国标行业住宿和餐饮业>住宿 业>一般旅馆地址汕头市金平区金砂路46号1幢一层东侧、三至六层企业类型其他有限责任公司营业期 限2025-8-5至无固定期限登记机关汕头市金平区市场监督管理局 来源：金融界 序号股东名称持股比例1汕头柏亚投资管理有限公司51%2汕头市沃森投资有限公司49% 经营范围含许可项目：住宿服务；餐饮服务；食品销售。（依法须经批准的项目，经相关部门批准后方 可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）酒店管理；会议及展览服务；商 务代理代办服务；健身休闲活动；停车场服务；集中式快速充电站；机动车充电销售；住房租赁；日用 百货销售；互联网销售（除销售需要许可的商品）。（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） ...

从资金流向来看，8月4日主力资金净流入62.38万元，但近五个交易日整体呈现净流出态势，累计净流 出3832.32万元。 风险提示：以上内容仅供参考，不构成投资建议。市场有风险，投资需谨慎。 根据公司最新披露，岭南控股正致力于向新多业融合方向发展，持续创新业务模式，推动旅游、酒店业 务与其他产业的协同发展。 截至2025年8月4日收盘，岭南控股股价报12.01元，较前一交易日下跌0.01元，跌幅0.08%。当日成交量 为108282手，成交金额达1.29亿元。 岭南控股主营业务涵盖商旅出行和住宿两大板块，同时涉及其他旅游产业链相关业务。公司正积极推 进"旅游+"和"酒店+"战略，探索与商业、体育等业态的融合发展，培育新的经济增长点。 ...

Core Insights - Jiangsu Province's economic and social development report for the first half of 2025 indicates significant growth in service revenue, particularly in tourism, travel, dining, accommodation, and sports sectors [1] Group 1: Economic Performance - The total service revenue from the monitored sectors in Jiangsu reached 37.96 billion yuan, reflecting a year-on-year increase of 42.7% [1] - Among the service revenue, the share of payments from out-of-province tourists in the travel and dining sectors accounted for 28.8% and 19.7%, respectively [1]

Core Insights - Jiangsu Province's economic and social development report for the first half of 2025 indicates a significant growth in service revenue, reaching 37.96 billion yuan, which represents a year-on-year increase of 42.7% [1] Group 1: Service Revenue Breakdown - The combined service revenue from five monitored sectors—tourism, travel, dining, accommodation, and sports—amounted to 37.96 billion yuan [1] - Among the total service revenue, the share of payments from out-of-province tourists in the travel and dining sectors accounted for 28.8% and 19.7%, respectively [1]

Financial Data and Key Metrics Changes - Civeo reported total revenues of $162.7 million for Q2 2025, with a net loss of $3.3 million or $0.25 per diluted share [13] - Adjusted EBITDA for the quarter was $25 million, with negative operating cash flow of $2.3 million [14] - The company experienced a net debt increase of $95 million, resulting in a net leverage ratio of two times as of June 30, 2025 [19] Business Line Data and Key Metrics Changes - Australian segment revenues increased by 4% year-over-year to $112.7 million, with adjusted EBITDA rising by 10% to $23.7 million [15] - Canadian segment revenues decreased to $50 million from $79.5 million year-over-year, with adjusted EBITDA dropping to $7.5 million from $17.3 million [17] Market Data and Key Metrics Changes - In Australia, revenue growth was driven by the acquisition of four villages and strong margins in integrated services, despite a weakening Australian dollar impacting revenues [6][16] - Canadian operations faced challenges due to low oil prices and customer cost-cutting measures, leading to a decrease in billed rooms [10][18] Company Strategy and Development Direction - Civeo is focused on completing its share repurchase program, having repurchased approximately 27% of its common shares since August 2021 [5] - The company aims to achieve $500 million Australian in integrated services revenues by 2027, while managing costs and optimizing operations in Canada [22][24] Management's Comments on Operating Environment and Future Outlook - Management noted that while Australian operations are performing well, Canadian operations are facing headwinds due to macroeconomic uncertainties and low oil prices [11][24] - The company expects free cash flow to improve in the second half of 2025, driven by seasonal trends and operational efficiencies [40][42] Other Important Information - Civeo completed the acquisition of four villages in Australia, contributing positively to revenue and margins [7][12] - The company has allocated $22.5 million for share repurchases in 2025 and plans to utilize free cash flow for this purpose [20] Q&A Session Summary Question: Impact of recent trade deals on guidance - Management indicated that trade uncertainty has not significantly impacted business in Canada or Australia, though they are monitoring the situation closely [28] Question: Acquisition run rate and synergies - The expected EBITDA impact from the acquisition remains unchanged at $11 million for 2025, with no immediate changes to outlook [30] Question: Factors for improved second half performance - Management expects stability in Canadian operations and improvement in Australian performance due to the full quarter contribution from acquired villages [34] Question: Customer sentiment in Australia amid price volatility - Management highlighted strong service levels and customer relationships as key factors in securing long-term contracts, despite market uncertainties [36][37] Question: Free cash flow outlook - Free cash flow is expected to be stronger in the second half of the year, with plans to use it for share buybacks [40][42] Question: Canadian occupancy trends - Management noted that Canadian occupancy is dependent on turnaround activity, with some signs of stabilization expected in the third quarter [48] Question: Long-term opportunities in Australia - Management discussed limited current exposure to oil and gas in Australia but noted potential for growth in natural gas drilling projects [52][56]

Investment Rating - The report does not explicitly state an investment rating for the hotel industry Core Insights - The hotel industry is experiencing significant trends towards chain operations and branding, with a notable Matthew effect where leading companies consolidate their advantages through scale and efficiency [5][14][16] - Technological innovations are driving the digital and intelligent transformation of the hotel industry, enhancing operational efficiency and consumer experience [5][17] - Market competition is intensifying, and supply-demand imbalances are affecting market expansion, creating new spaces for differentiated competition [5][49] Industry Definition - The hotel industry is defined as a profit-driven sector that provides accommodation and various services, including dining, business, and leisure, through standardized service processes [6][7] Industry Characteristics - The hotel industry is characterized by significant trends towards chain operations and branding, increasing market concentration, and a digital transformation driven by technology [14][15][16] Industry Development History - The development of the hotel industry in China has evolved through several phases, from its origins in the mid-20th century to rapid growth post-reform and the current phase of market consolidation and digital transformation [18][26] Industry Chain Analysis - The hotel industry supply chain includes upstream property developers, hotel supplies and equipment suppliers, and smart hotel solution providers, with the core being various accommodation service providers [27][28] Market Size - The market size of the hotel industry in China reached 11,308.2 billion in 2023, recovering to pre-pandemic levels, with expectations for stable growth from 2025 to 2029 [46][47] Consumer Demand Trends - Consumer demand in the hotel industry is shifting towards sustainability, safety, and quality, driving the industry towards green and mid-to-high-end transformations [44][45] Competitive Landscape - The competitive landscape of the hotel industry is characterized by a tiered structure, with major players like Jin Jiang, Huazhu, and ShouLai dominating the market, while smaller brands struggle to maintain market share [54][55][56]