南方财经12月26日电，藏格矿业（000408.SZ）公告，预计2026年度与关联方发生日常关联交易合计 15,104万元，涉及采购材料、燃料动力及提供、接受劳务服务等。交易定价参照市场价格，由双方协商 确定。其中，向紫金矿业集团采购成品油2,000万元，接受其工程技术类服务5,662万元；向西藏阿里麻 米措矿业提供技术咨询服务1,520万元。 ...

资料显示，实朴检测技术(上海)股份有限公司位于上海市闵行区中春路1288号34幢3层301室、4层401 室，成立日期2008年1月30日，上市日期2022年1月28日，公司主营业务涉及公司是一家以土壤和地下水 为专业特色的第三方检测机构,检测范围包括土壤、水质、气体、固体废物、农食和二噁英等,涵盖从农 田到餐桌等与环境及食品安全相关的检测业务。主营业务收入构成为：土壤和地下水检测60.36%，钻 井采样21.07%，水质和气体检测6.87%，食品安全检测4.75%，技术咨询服务4.22%，修复服务1.84%， 其他检测服务0.89%。 12月23日，实朴检测跌0.33%，成交额1.31亿元。两融数据显示，当日实朴检测获融资买入额1230.33万 元，融资偿还973.54万元，融资净买入256.79万元。截至12月23日，实朴检测融资融券余额合计2.10亿 元。 融资方面，实朴检测当日融资买入1230.33万元。当前融资余额2.10亿元，占流通市值的4.18%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，实朴检测12月23日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.0 ...

Group 1 - The company is undergoing a pre-restructuring process, with a court decision made on May 30, 2024, to initiate pre-restructuring for Ningxia Zhongke Biological Technology Co., Ltd. and its subsidiary Ningxia Zhongke New Materials Co., Ltd. [4] - The company has identified two potential restructuring investors, with Hunan Chuntou Industrial Development Co., Ltd. being the main investor expected to gain actual control after the restructuring is completed [4][7] - The company plans to manage its related transactions more effectively and has estimated that the total amount of daily related transactions for 2025 will not exceed RMB 110 million [5] Group 2 - The expected daily related transactions include "technical consulting services" and "beneficial debt borrowing," with a total estimated amount of RMB 10 million for beneficial debt borrowing and RMB 200,000 for technical consulting services [5][9] - The company will ensure that all related transactions are conducted at fair market prices and will not harm the interests of the company or its minority shareholders [9][10] - The company maintains independence in its operations, ensuring that related transactions do not affect its independence or create dependency on related parties [10]

Core Viewpoint - The announcement details the establishment of new related party relationships and the expected daily related transactions for the year 2025, emphasizing that these transactions will not harm the interests of the company or minority shareholders and will adhere to fair market pricing principles [1][8]. Group 1: Daily Related Transactions Overview - The company is undergoing a pre-restructuring process initiated by the local court, which has appointed a temporary management team to oversee the restructuring efforts [1][2]. - The expected total amount for daily related transactions in 2025 is projected to be no more than RMB 110 million, involving "technical consulting services" and "beneficial debt borrowing" [2][3]. - The board of directors has approved the proposal for these related transactions, with a voting outcome of 6 in favor and no opposition [2][3]. Group 2: Related Parties and Relationships - Hunan Chuantou Industrial Development Co., Ltd. is identified as a new related party, which will gain actual control of the company post-restructuring [2][5]. - Hunan Chuantou has no prior relationships with the company or its management before the signing of the pre-restructuring investment agreement [5][7]. - Hunan New Harmony Biological Medicine Co., Ltd. is also noted as a related party, with similar conditions regarding prior relationships [6][7]. Group 3: Transaction Details and Pricing - The related transactions include borrowing beneficial debt and signing technical consulting service agreements, which are necessary for normal business operations [7][8]. - Pricing for these transactions will be determined based on fair market principles, ensuring that they do not harm the interests of the company or its shareholders [8][9]. Group 4: Impact on Company Operations - The related transactions are deemed essential for the company's daily operations and are expected to positively influence its business activities [8]. - The company maintains independence from related parties in various aspects, ensuring that these transactions do not lead to dependency or control by the related parties [8][9].

Financial Data and Key Metrics Changes - First quarter 2025 revenues were $898.3 million, a decrease of $30.3 million or 3.3% compared to the first quarter of the previous year [49] - GAAP earnings per share (EPS) were $1.74 compared to $2.23 in the prior year quarter, while adjusted EPS was $2.29 compared to $2.23 in the prior year quarter [50] - Net income decreased to $61.8 million from $80 million in the prior year quarter, primarily driven by lower revenues and a special charge [51] - Adjusted EBITDA for the first quarter 2025 was $115.2 million, or 12.8% of revenues, compared to $111.1 million, or 12% of revenues in the prior year quarter [53] Business Line Data and Key Metrics Changes - Corporate Finance and Restructuring revenues were $343.6 million, a decrease of 6.1% compared to the previous year, with Restructuring representing 46% of segment revenues [56] - Forensic and Litigation Consulting (FLC) achieved record revenues of $190.6 million, an increase of 8.3%, driven by higher realized bill rates for Risk and Investigation services [59] - Economic Consulting revenues decreased by 12.1% to $179.9 million, primarily due to lower demand for M&A-related antitrust services [61] - Technology revenues decreased by 3.5% to $97.2 million, mainly due to lower demand for M&A-related second request services [64] - Strategic Communications revenues increased by 7.2% to $87 million, driven by higher demand for corporate reputation services [66] Market Data and Key Metrics Changes - The federal premerger notification program recorded just 89 transactions in March 2025, marking the lowest monthly filing total in nearly five years [66] - U.S. deal volume fell 13% year over year, with only one mega-deal over $10 billion announced in Q1 [75] Company Strategy and Development Direction - The company is focused on helping clients navigate disruptions in areas such as cybersecurity, export controls, and regulatory advocacy [79] - The restructuring practice is positioned to assist clients globally, with a strong emphasis on adapting to changing market conditions [79] - The company continues to invest in talent acquisition, particularly in areas like antitrust, financial economics, and digital assets, despite the near-term financial impact [78] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the potential impact of regulatory changes on business performance, particularly in areas like anti-consumer fraud and anti-money laundering [17][90] - There is significant uncertainty in the M&A market, which could affect demand for related services in Economic Consulting and Technology [75] - Despite challenges, management remains confident in the company's long-term prospects and the strength of its various business segments [44][48] Other Important Information - The company funded $162 million in forgivable loans to attract new talent, which will impact adjusted EBITDA in the near term [73] - The board of directors authorized an additional $400 million for share repurchases, with approximately $568.3 million remaining available under the program [71] Q&A Session Summary Question: Impact of tariffs on business - Management noted that tariffs could create stress for clients dependent on cost of goods sold from China, leading to increased demand for restructuring services [86] Question: Effect of regulatory changes on business - Management indicated that while there has not been a significant effect from recent regulatory changes, they are monitoring the situation closely [90] Question: Guidance for the year - Management confirmed that the guidance provided at the fourth quarter 2024 earnings call is still applicable and will be updated at the second quarter earnings call [94] Question: Revenue headwind from departures in Economic Consulting - Management acknowledged that the financial impact from departures is likely to be higher than previously speculated, affecting EBITDA significantly [102] Question: Trends in healthcare business within FLC - Management reported good performance in healthcare practices, with both regulatory-oriented and performance improvement segments showing positive results [112] Question: Distribution of headcount actions - Management stated that headcount actions were spread across all levels and geographies, with a slight bias towards senior positions [119]