其次，在智能电池领域，远东股份聚焦高端、布局海外、加速减亏。2025年上半年获千万元以上订单 9.72亿元。储能端，大储、工商业和户储持续增长，获"储能电池 系统榜单TOP10"；圆柱电芯，全系通 过3C认证，并获得UL、IEC等国际认证，高容产品持续增长，加速固态/钠离子电池研发布局，为长期 发展储备技术动能。铜箔聚焦高端产品和客户，持续减亏。 最后，在智慧机场方面，公司筑牢优势，拓展低空等新业务。京航安2025年上半年获千万元以上订单 18.15亿元，参建长江黄花国际机场、太原武宿国际机场、香港国际机场、尼加拉瓜蓬塔韦特国际机场 等项目。依托机场建设领域的技术与经验积累，布局低空经济业务，构建"规划—建设—应用"全链条服 务，提供"一站式"解决方案，赋能低空经济产业生态。（秦声） 7月10日晚，远东股份（600869）发布2025年半年度业绩预盈预告，公司2025年上半年预计实现归母净 利润1.2亿元到2.0亿元，增长192.49%到254.14%。 首先，在智能缆网方面，公司持续提升市占率，加快在AI、机器人、核电、海缆领域突破。2025年上 半年获千万元以上合同订单125.66亿元，同比增长20.68 ...

记者 李晔 王力 2024年，上海港集装箱吞吐量达到5150.6万标准箱，连续15年排名世界第一；2024年，上海机场航 空货邮和旅客吞吐量分别达到420.6万吨、1.25亿人次，同比增长11%、29%，排名分别升至世界第二和 第三。当上海国际航运中心建设步入新起点，2025年，上海要如何持续发力，不断攀登新高峰？ 近期，上海市交通委党组、上海机场集团党委、上港集团党委紧密结合全市"学思想 强作风 建新 功"活动，深入学习贯彻习近平总书记考察上海重要讲话精神，以开展深入贯彻中央八项规定精神学习 教育为契机，一体推进学查改，为全面建成上海国际航运中心筑牢思想和作风根基，凝聚起干事创业的 强大合力。 学习教育开展以来，上海市交通委党组坚持"学"字为先，把学习教育内容纳入各类教育培训主体班 次，开展理论大学习，组织党组织书记、党员、交通行业管理干部等开展专题培训，深刻领悟中央八项 规定及其实施细则精神。通过整合学习教育资源，上海市交通委党组发挥公交三烈士、"沪嘉高速公路 红色基地"等交通红色资源作用，"线上+线下"双轨并行齐发力，同时聚焦交通行业发展历程、鲜活工作 案例，打造"船老大的烦恼"等4门精品党课，提高学习 ...

随着机场T5 航站楼正式投运，西安咸阳国际机场以"双区三楼"的全新运营格局惊艳亮相，不仅使机场 的硬件设施达到国际一流水平，更标志着其进入高质量发展的快车道。这座拥有世界最大减隔震建筑、 全国首个"集中式+单元式" 混合构型航站楼的现代化空港，每年可满足8300万人次旅客吞吐量需求。在 此基础上，为深入践行"精品服务"理念，积极响应民航局"创先争优"号召，全力打造"中国最佳机场"品 牌，西安机场公司正式启动服务品质提升"星火行动"。 《中国民航报》、中国民航网 记者路泞 报道：6月12日，西安咸阳国际机场内气氛热烈，西安机场公司 服务品质提升"星火行动"启动仪式隆重举行。公司与海关、边检等联检单位，以及东航、海航等43家驻 场航空公司负责人齐聚一堂，200 余名来自机场一线岗位的员工代表精神抖擞，共同见证这场服务升级 的时刻。 《"星火行动" 实施方案》明确了的阶段性目标，郑重承诺将从每一个微笑、每一次指引做起，用实际 行动提升服务品质。服务品质是机场的生命线，以旅客需求为导向，推动服务从标准化向人性化、智慧 化升级势在必行。将旅客满意度纳入绩效考核，通过数字化工具实时监测服务质量，将汇聚成推动西安 咸阳国际 ...

面对复杂天气影响及机坪施工等多重挑战，西安机场公司展现出强大的应对能力和创新精神。依托 机场运管委平台，联合20余家驻场单位协同联动，创新采用"1+3+N"管理体系高效开展航班延误处置工 作，以运管委为核心，整合了气象、空管、地服等 3 大关键部门，以及 N 个相关保障单位的资源和力 量，实现了信息的实时共享和决策的快速响应。2024 年，在航班量同比增长7.29% 且在机坪不停航施 工的情况下，机场放行正常率达到90.6%，这一数据远超行业平均水平。同时，短时延误航班比例显著 下降30.1%，有效提升了运行秩序。 西安咸阳国际机场公司将始终秉持"人民航空为人民"的初心使命，以争创一流为目标，持续在多个 方面发力，以"一流服务"全力助推"一流机场"建设，为旅客、航空公司及社会公众提供更加安全、便 捷、愉悦的机场服务体验。（编辑：陈虹莹 校对：许浩存 审核：程凌） （西安咸阳国际机场供图） 《中国民航报》、中国民航网 记者路泞 报道：6月4日至5日，2025CAPSE年度峰会在厦门盛大举 行。作为航空服务领域权威的行业盛会，本届峰会汇聚了国内外众多机场、航空公司及相关行业代表， 围绕航空服务创新与提升展开深入探 ...

为保障旅客便捷顺畅出行，济南机场特别为轮椅旅客、首乘旅客、无陪儿童等特殊旅客群体，推出多项 贴心服务举措，并在航站楼内增派志愿者，提供问询引导、秩序维护及爱心帮扶服务。针对中转旅客， 机场升级优化了"十三重"中转礼遇，涵盖免费餐食、免费巴士、免费住宿、急转预约、文旅畅游、爱心 预约等系列中转服务权益，大幅提升旅客的中转体验。 值得一提的是，假期期间，济南机场还精心策划并组织了主题特色活动，为过往旅客呈现小丑魔术表演 等精彩内容，并邀请旅客参与龙舟手工DIY、编织五彩绳、纸绳艺术画制作等活动，与旅客共度佳节， 感受传统文化的魅力，并为现场儿童旅客送上"六一限定"的专属礼物，营造出浓厚的节日氛围。 随着暑运旺季临近，济南机场将进一步优化航线网络，推出更多便民服务举措，持续升级服务产品，全 力护航旅客美好出行。（编辑：李季威 校对：张薇 审核：韩磊） 《中国民航报》、中国民航网 记者许晓泓 通讯员柴媛媛、张明玥 报道：即将开启的端午假期(5月31日 至6月2日），济南机场预计保障航班起降1048架次、完成旅客吞吐量14.9万人次。 今年端午假期与六一儿童节"撞档"，旅客出游度假与探亲访友需求旺盛。济南机场积极应对， ...

新大正 20250529 摘要 新大正已完成全国化布局，成为非住宅物业服务领域首家实现此目标的 民营企业，业务重心从重庆扩展至全国，一线和二线城市均有覆盖。未 来将加强垂直领域能力建设，为合伙人提供更多专业服务能力。 尽管行业竞争加剧和用工成本上升导致利润增长放缓，甚至 2024 年出 现负增长，但新大正预计 2025 年及以后毛利和净利将保持相对稳定， 增长幅度有限，这得益于公司提前规划与战略布局。 新大正在航空业态，特别是机坪业务方面具有显著优势，通过收购重庆 航城进入该领域，成为国内机场服务数量最多的供应商之一，并计划继 续深化航空业态发展，构建全面而深入的垂类生态系统。 新大正通过收购方式进入江北机场客舱清洁和特种车辆维修市场，克服 了高准入门槛，并将业务扩展到其他机场，实现了 1+1 大于 2 的效果， 强化了在航空领域的市场地位。 新大正积极探索无人科技在物业管理中的应用，特别是在外环境清洁方 面，已投放近 100 台自动化设备，一台机器可替代 3-4 个人，显著提高 生产效率并降低成本，内环境应用预计两年内可实现大规模应用。 Q&A 新大正公司近期的经营情况如何？无人设备在具体应用场景中的落地情 ...

Financial Data and Key Metrics Changes - Total passenger traffic grew by over 7% year over year, exceeding 9% when excluding the discontinued Natal concession [5][6] - Revenues increased by 6% year over year, and nearly 12% on an ex IAS 29 basis [6][19] - Adjusted EBITDA reached $156 million, up 4% excluding IAS 29, with a margin of 38.2% [7][24] - Total revenues ex IFRIC 12 increased by 6.4% year on year or 11.5% on an ex IAS 29 basis [19] - Total costs and expenses excluding IFRIC 12 rose by 17.7% year over year [22] Business Line Data and Key Metrics Changes - Aeronautical revenues increased by 6.8% year over year, or 12.7% when excluding IAS 29, driven by strong performance in Argentina [20] - Commercial revenues grew by 6.1% year over year, primarily from parking facilities, VIP lounges, and duty-free stores [21] - Cargo volumes were up 9% year over year, with strong growth in Uruguay and Argentina [17][18] Market Data and Key Metrics Changes - In Argentina, passenger traffic rose over 12%, with international traffic increasing by 21% year over year [10][11] - Italy saw traffic growth of over 10%, with international traffic accounting for roughly three-quarters of total volume [12] - Brazil experienced mid-single-digit traffic growth year over year, with international traffic up 28% [13] - In Uruguay, total traffic increased in low single digits, benefiting from new international routes [14] Company Strategy and Development Direction - The company is focused on pursuing both organic and inorganic growth opportunities to expand its airport portfolio [26][30] - Ongoing negotiations with the Argentine government regarding the revision of the AA2000 concession agreement [30] - Expansion plans in Italy are progressing, with a positive environmental review for the Florence Master Plan [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of passenger demand, particularly in Argentina and Italy [28][44] - The company anticipates continued positive traffic trends, supported by new operations and strong demand [30][44] - Management remains committed to maintaining strict cost discipline, especially in Argentina [22][51] Other Important Information - The company closed the quarter with a liquidity position of $524 million and a net leverage ratio of 1.1 times [25][26] - Recent awards for operational excellence were received by Carrasco International Airport and Brasilia Airport, highlighting the company's commitment to quality service [31][32][33] Q&A Session Summary Question: Information on the Montenegro proposal and traffic outlook for Argentina - Management provided details on the Montenegro proposal, highlighting its potential for tourism growth and targeting mid-teens IRR [39][41] - Traffic in Argentina is expected to remain strong, with several new routes starting operations [43][44] Question: Cost control initiatives and potential impacts of government changes in Argentina - Management discussed ongoing cost control measures and the expectation of normalized cost growth in line with inflation [51][52] - The impact of government changes on the concession process is uncertain, but management does not foresee significant delays [55][56] Question: Update on expansions in Italy - Management indicated that the environmental impact approval process is progressing well, with updates expected by the third quarter [67][68]

Financial Data and Key Metrics Changes - Total passenger traffic grew by over 7% year over year, exceeding 9% when excluding the discontinued Natal concession [5][6] - Revenues increased by 6% year over year, and nearly 12% on an ex IAS 29 basis [6][21] - Adjusted EBITDA reached $156 million, up 4% excluding IAS 29, with a margin of 38.2% [7][25] - Total revenues ex IFRIC 12 increased by 6.4% year on year or 11.5% on an ex IAS 29 basis [21] - Total costs and expenses excluding IFRIC 12 rose by 17.7% year over year [24] Business Line Data and Key Metrics Changes - Domestic traffic increased by 4% year over year, or nearly 8% when excluding Natal [9] - International traffic rose by close to 13% year over year, with Argentina and Italy leading the growth [10] - Aeronautical revenues were up 6.8% year over year, or 12.7% when excluding IAS 29, driven by strong performance in Argentina [22] - Commercial revenues increased by 6.1% year over year, primarily from parking facilities and duty-free stores [23] Market Data and Key Metrics Changes - In Argentina, passenger traffic rose over 12%, with domestic traffic growing by 9% and international traffic increasing by 21% [10][12] - Italy saw traffic up over 10%, with domestic traffic growing over 17% year over year [13] - Brazil experienced mid-single-digit growth in traffic year over year, with international traffic growing by 28% [14] - In Uruguay, total traffic was up low single digits, benefiting from new international routes [15] Company Strategy and Development Direction - The company is focused on pursuing both organic and inorganic growth opportunities to expand its airport portfolio [29][33] - Ongoing negotiations with the Argentine government regarding the revision of the AA2000 concession agreement [32] - Expansion plans in Italy are progressing, with a positive environmental review for the Florence Master Plan [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of passenger demand, particularly in Argentina and Italy, with expectations for continued positive traffic trends [31][45] - The company anticipates a strong summer season in both Italy and Armenia [34] - Management highlighted the importance of maintaining strict cost discipline, especially in Argentina [24][52] Other Important Information - The company closed the quarter with a total liquidity position of $524 million and a net leverage ratio of 1.1 times [28][29] - Cargo volumes increased by 9% year over year, with a new cargo business model implemented in Argentina [18][20] Q&A Session Summary Question: Information on the Montenegro proposal and traffic outlook for Argentina - Management provided details on the Montenegro proposal, highlighting its potential for tourism growth and targeting mid-teens IRR [42][43] - Traffic in Argentina is expected to remain strong, supported by new routes and healthy demand [45] Question: Cost control initiatives and potential impacts from government changes in Argentina - Management discussed ongoing cost control measures and expected normalized cost increases, emphasizing a focus on maintaining costs despite inflation [52] - The impact of government changes on the concession process is uncertain, but management does not foresee significant delays [58] Question: Update on expansions in Italy - Management indicated that the environmental impact approval process is progressing well, with expectations for updates by the third quarter [74]

"这不仅仅是一个充电宝，更是承载着战友情谊。这一举动既是对服务规范的践行，更是对军人奉献精 神的致敬"工作人员说。 神农架机场地服部负责人表示："我们既要严守安全底线，更要用心守护旅客的每一份情感寄托。这次 服务既体现了我们的专业规范，更传递了对军人的崇高敬意。"近年来，神农架机场持续深化"真情服 务"理念，持续提升服务动力，用实际行动践行"人民航空为人民"的宗旨。"安全是民航的生命线，服务 是机场的竞争力。我们要在确保安全的前提下，让每一位旅客都感受到神农架机场的温度。" （编辑： 李佳洹 校对：许浩存 审核：韩磊） 《中国民航报》、中国民航网 记者冯智君 通讯员陈群 报道： 5月14日，神农架机场航站区与地面服务 管理部收到了一封来自退伍军人欧阳先生的感谢信，字里行间饱含对"天燕"班组暖心服务的诚挚感谢。 当天上午，准备搭乘CZ2088航班的欧阳先生在安检时遇到了难题。他随身携带的一个充电宝因外壳破 损被安检人员按规定拦下。这个看似普通的充电宝，是退伍时班长赠送的纪念礼物，承载着深厚的战友 情谊。 面对焦急的欧阳先生，值班分队长陈群立即行动起来：耐心向旅客解释航空安全规定，安抚旅客情绪； 同时第一时间联系 ...

证券研究报告：电力设备 | 公司点评报告 发布时间：2025-05-07 股票投资评级 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 4.55 | | --- | --- | | 总股本/流通股本（亿股）22.19 | / 22.19 | | 总市值/流通市值（亿元）101 | / 101 | | 52 周内最高/最低价 | 6.04 / 2.68 | | 资产负债率(%) | 78.6% | | 市盈率 | -31.75 | | 第一大股东 | 远东控股集团有限公司 | 研究所 分析师:杨帅波 SAC 登记编号:S1340524070002 Email:yangshuaibo@cnpsec.com 分析师:侯若雪 SAC 登记编号:S1340524100002 Email:houruoxue@cnpsec.com 远东股份(600869) 传统线缆业务有望边际改善，电池业务亏损有望改 善，积极开拓 Al 业务 l 投资要点 增持 |维持 个股表现 2024-04 2024-07 2024-09 2024-12 2025-02 2025-04 -32% -23% -14% -5% 4 ...