2月3日，2026年春运第二天。记者从中国铁路上海局集团有限公司获悉，当天，长三角铁路预计发送旅客225万人次。春运首日，长三角铁路发送旅客 249.5万人次，同比增长1.3%。 上铁集团优化服务举措，提升服务品质，努力打造平安、有序、温馨的春运归途。上海站南进站口升级焕新，新增风雨连廊，实现地铁与火车站无缝衔 接，同时扩容进站安检通道，优化旅客进站流线，与北进站口形成南北互补格局，大幅提升换乘效率与通行能力，有效缓解春运客流压力。杭州客运 段"西子号"G41列车迎来宇树科技的人形机器人编外"乘务员"，它化身"送福使者"为旅客送去新春祝福，还穿梭于各车厢随时解答铁路客运规定、到站天 气、旅游景点等旅客问询。华铁旅服公司深耕"一碗好饭"服务品牌，推出百余款高铁冷热链餐食，其中升级上新茯苓山药炖瘦肉等11款"养生主题套餐"、 8款烘焙新品及微波牛排，让旅客在旅途中尽享舌尖盛宴。 铁路部门提醒广大旅客，春运节前出行即将进入高峰，建议有出行计划的旅客在出行当日适当提前出门，为市区交通、进站安检等环节留足时间。不少地 区有两个及以上火车站，出行前，务必看清票面信息，勿因跑错车站耽误乘车。 通讯员杜超 扬子晚报/紫牛新闻 ...

中新网上海2月2日电 (殷立勤 李维莉)2月2日，2026年春运拉开帷幕。记者从中国铁路上海局集团有限 公司华铁旅服公司获悉，即日起，长三角铁路上线近百款冷、热链全新餐食，涵盖养生餐、普惠餐、地 域风味餐等多元品类，同步推出8款烘焙新品及微波牛排，以更具温度的饮食服务，为万千旅客打造温 馨美好的春运出行体验。 为旅客送上餐食。华铁旅服公司供图 工作人员 值得关注的是，本次餐食供应在服务灵活性上实现进一步提升。列车餐饮领班可依据历史数据与实时客 流信息，提前分析不同运行线路旅客群体的口味偏好，从而实现地方风味餐食的精准预判与按需预约， 形成了"一线一策"的差异化、动态化供应方案。 本次餐食升级首次推出11款"养生主题套餐"，融合传统食养理念。其中"黄芪枸杞牛肉凤尾虾套餐""陈 皮炖牛肉党参狮子头套餐""山药芡实炖老鸭套餐"等，精选黄芪、枸杞、山药等食药同源食材，兼顾时 令调养与味蕾体验，为注重健康的旅客提供贴心选择。该系列餐食由专业营养团队参与研发，在保留传 统烹饪风味的同时，贴合现代人对低盐、少油、均衡营养的需求。 "今年第一次在高铁上吃到养生餐，感觉特别好！"乘坐G600次列车回济南过年的陈先生表示，他今年 ...

Investment Rating - The investment rating for the company is "Outperform the Market" (maintained) [1][6]. Core Viewpoints - The company is expected to achieve total revenue of 4.26 to 4.42 billion yuan in 2025, representing a year-on-year growth of 11.07% to 15.24%. The net profit attributable to the parent company is forecasted to be 306 to 326 million yuan, with a year-on-year increase of 20.61% to 28.49% [2]. - The report highlights that the supermarket channel is performing well, with cost reductions and efficiency improvements expected to stabilize profit recovery. The company is focusing resources on high-potential channels and actively launching new products for 2026 [2][3]. - The company anticipates steady growth in revenue and profit from 2025 to 2027, with projected revenues of 4.35 billion, 4.93 billion, and 5.39 billion yuan, respectively, and net profits of 320 million, 390 million, and 440 million yuan, respectively [2][8]. Summary by Relevant Sections Revenue and Profit Forecast - The company is expected to achieve total revenues of 4.35 billion, 4.93 billion, and 5.39 billion yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 13.5%, 13.2%, and 9.3% [2][9]. - The net profit attributable to the parent company is projected to be 320 million, 390 million, and 440 million yuan for the same years, with growth rates of 19.8%, 20.9%, and 14.2% [2][9]. Cost and Margin Analysis - The report indicates that the gross margin is expected to stabilize due to a decrease in raw material prices and improved operational efficiency. The company is also focusing on high-quality customers and efficient channels, which is expected to reduce management and sales expense ratios [3][8]. - The forecasted gross margin for 2025 is approximately 30.11%, with slight improvements expected in subsequent years [9]. Product and Channel Strategy - The company plans to launch high-end cream products that compete with imports, leveraging domestic substitution opportunities. It will also increase investments in the catering and beverage channels, focusing on chain customers and hotel buffet scenarios [3][8].

Investment Rating - The investment rating for the company is "Outperform the Market" (maintained) [1][6]. Core Insights - The company is expected to achieve total revenue of 4.26 to 4.42 billion yuan in 2025, representing a year-on-year growth of 11.07% to 15.24%. The net profit attributable to the parent company is projected to be 306 to 326 million yuan, with a year-on-year increase of 20.61% to 28.49% [2]. - The report highlights that the supermarket channel is performing well, with cost reductions and efficiency improvements expected to stabilize profits. The company is focusing resources on high-potential channels and actively launching new products in 2026 [2][3]. - Revenue and profit forecasts for 2025-2027 have been slightly adjusted, with expected revenues of 4.35 billion, 4.93 billion, and 5.39 billion yuan, respectively, and net profits of 320 million, 390 million, and 440 million yuan, respectively [2][8]. Summary by Sections Revenue and Profit Forecasts - The company is projected to achieve total revenue of 4.35 billion yuan in 2025, 4.93 billion yuan in 2026, and 5.39 billion yuan in 2027, with year-on-year growth rates of 13.5%, 13.2%, and 9.3% respectively [2][9]. - The net profit attributable to the parent company is expected to be 320 million yuan in 2025, 390 million yuan in 2026, and 440 million yuan in 2027, with year-on-year growth rates of 19.8%, 20.9%, and 14.2% respectively [2][9]. Product and Channel Strategy - The company plans to launch high-end cream products that compete with imports, leveraging domestic substitution opportunities. It will also increase investments in the catering and tea beverage channels, focusing on chain customers and hotel buffet scenarios [3]. - The company is enhancing service response efficiency in supermarket channels and accelerating the speed of new product launches [3]. Cost Management and Efficiency - The report indicates that while the company faced pressure from rising import raw material prices in the first half of 2025, prices for certain baking and cream raw materials are expected to decline by the end of the year. The company is implementing rolling lock orders to alleviate cost pressures, which should stabilize gross margins [3][8].