行 业 及 产 业 海外消费服务 2025 年 08 月 22 日 行 业 研 究 / 行 业 点 评 相关研究 证 券 研 究 报 告 证券分析师 黄哲 A0230513030001 huangzhe@swsresearch.com 周文远 A0230518110003 zhouwy@swsresearch.com 贾梦迪 A0230520010002 jiamd@swsresearch.com 胡梦婷 A0230524060004 humt@swsresearch.com 研究支持 胡梦婷 A0230524060004 humt@swsresearch.com 联系人 胡梦婷 (8621)23297818× humt@swsresearch.com 港股医药中报业绩期，关注业绩超预期标的 看好 ——海外消费周报（20250815-20250821） 本期投资提示： ⚫ 海外医药：港股医药中报业绩期，关注业绩超预期标的 国内医药公司 1H25 业绩：恒瑞医药：1H25，公司实现收入 157.61 亿元，同比增长 15.9%；净利润 44.55 亿元，同比增 长 29.9%；归母净利润 44.50 亿元，同比 ...

Group 1 - The core idea emphasizes the importance of economic development in ethnic regions, ensuring that no area or ethnic group is left behind in the pursuit of a well-off society [1] - The Minning He Mei e-commerce assistance workshop in Yinchuan's Minning Town is highlighted as the first e-commerce themed poverty alleviation workshop in Ningxia, achieving over 2000 daily orders through online live streaming and offline initiatives [1] - The workshop promotes entrepreneurship and employment among local residents through training and support, fostering a collaborative environment among employees of different ethnic backgrounds [1] Group 2 - The workshop instills a sense of community among employees, encouraging mutual support and friendship, which strengthens the concept of a "family" within the workplace [2] - The initiative aims to solidify the awareness of the Chinese national community and continuously promote the creation of ethnic unity and progress [2] - Minning Town is actively working towards a narrative of collective struggle and shared prosperity among its diverse population [2]