天眼查App显示，近日，镇江市活泉食品销售有限公司成立，法定代表人为王楠楠，注册资本10万人民 币，经营范围为一般项目：食品互联网销售（仅销售预包装食品）；食品销售（仅销售预包装食品）； 直饮水设备销售；自动售货机销售；信息技术咨询服务；信息系统集成服务；计算机系统服务；网络与 信息安全软件开发；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；办公用品销 售；劳动保护用品销售；软件开发；家用电器销售；家用电器安装服务；通用设备修理；专用设备修 理；电子、机械设备维护（不含特种设备）；租赁服务（不含许可类租赁服务）；企业管理咨询；信息 咨询服务（不含许可类信息咨询服务）（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）。 ...

蚂蚁双链科技将于可信资产管理平台服务协议的有效期内，授予集团一项于中国使用可信链上SDK产品 的非独家、不可转让、不可转售且不可分割的许可。蚂蚁双链科技将基于集团的业务场景，客制化链上 SDK产品，并向集团科斯提供具备区块链数据记录功能的设备端SDK套件，以供其安装于自动售货机 上。 集团主要从事通过遍布中国内地的庞大友宝点位网络的自动售货机销售快消品，其以数据驱动的运营系 统为支撑。订立可信资产管理平台服务协议使集团将自动售货机数据上链为日后实施加盟商激励计划提 供可信数据支持。 智通财经APP获悉，友宝在线(02429)高开逾3%，截至发稿，涨3.01%，报2.74港元，成交额42.06万港 元。 消息面上，友宝在线发布公告，于2025年11月20日(交易时段后)，集团与蚂蚁双链科技(上海)有限公司 (蚂蚁双链科技)订立可信资产管理平台服务协议，据此，蚂蚁双链科技同意自行或连同其关连方及╱或 供应商，于蚂蚁数字科技可信资产管理平台上向集团提供服务，包括供应可信链上软体开发工具(SDK) 产品及相关服务与基础设施服务，合约期限为两年，自上述产品及╱或服务交付予或提供予集团之日起 计。 ...

Group 1 - The article discusses two potential business models for entrepreneurship: vending machines and claw machines, highlighting their core operations and ideal locations for deployment [1][2] - Vending machines focus on retailing goods and profit from price differences, while claw machines provide entertainment experiences, with both requiring strategic placement in high-traffic areas [1] - The average monthly profit for a single vending machine is estimated to be between 2000 to 3500 yuan, depending on location and operational efficiency [1] Group 2 - The payback period for these business models typically ranges from six months to a year, with claims of shorter periods in prime locations, though competition is intense [2] - Key operational factors include product selection, restocking efficiency, and location stability, with risks such as product expiration and equipment failure being significant concerns [3][4] - The article emphasizes that claw machine operations are heavily reliant on location and maintenance, with successful operations often requiring established relationships with venue owners to secure profitable placements [4][11] Group 3 - The article warns that simple, low-barrier businesses often lead to intense competition, resulting in a "red ocean" market where profitability is challenging [5][6] - It suggests that many individuals lack the necessary entrepreneurial mindset, which is crucial for success in independent ventures [8][10] - The importance of customer retention and repeat purchases is highlighted, with factors such as high prize rates and frequent product updates being essential for maintaining customer interest [12] Group 4 - The article discusses the cost structure of claw machines, noting that the cost of prizes and machine maintenance can significantly impact profitability [13][14] - It mentions the second-hand market for claw machines, where prices can be significantly lower due to previous operators exiting the business, creating opportunities for new entrants [13] - The article concludes that successful entrepreneurship requires not just capital but also strategic thinking and market awareness [16]

蚂蚁双链科技将于可信资产管理平台服务协议的有效期内，授予集团一项于中国使用可信链上SDK产品 的非独家、不可转让、不可转售且不可分割的许可。蚂蚁双链科技将基于集团的业务场景，客制化链上 SDK产品，并向集团科斯提供具备区块链数据记录功能的设备端SDK套件，以供其安装于自动售货机 上。 友宝在线(02429)发布公告，于2025年11月20日(交易时段后)，集团与蚂蚁双链科技(上海)有限公司(蚂蚁 双链科技)订立可信资产管理平台服务协议，据此，蚂蚁双链科技同意自行或连同其关连方及╱或供应 商，于蚂蚁数字科技可信资产管理平台上向集团提供服务，包括供应可信链上软体开发工具(SDK)产品 及相关服务与基础设施服务，合约期限为两年，自上述产品及╱或服务交付予或提供予集团之日起计。 集团主要从事通过遍布中国大陆的庞大友宝点位网络的自动售货机销售快消品，其以数据驱动的运营系 统为支撑。订立可信资产管理平台服务协议使集团将自动售货机数据上链为日后实施加盟商激励计划提 供可信数据支持。 蚂蚁双链科技主要从事计算机软件的开发、设计、制造与销售，以及网络技术与多媒体技术的研发。 ...

蚂蚁双链科技将于可信资产管理平台服务协议的有效期内，授予集团一项于中国使用可信链上SDK产品 的非独家、不可转让、不可转售且不可分割的许可。蚂蚁双链科技将基于集团的业务场景，客制化链上 SDK产品，并向集团科斯提供具备区块链数据记录功能的设备端SDK套件，以供其安装于自动售货机 上。 蚂蚁双链科技主要从事计算机软件的开发、设计、制造与销售，以及网络技术与多媒体技术的研发。 智通财经APP讯，友宝在线(02429)发布公告，于2025年11月20日(交易时段后)，集团与蚂蚁双链科技(上 海)有限公司(蚂蚁双链科技)订立可信资产管理平台服务协议，据此，蚂蚁双链科技同意自行或连同其关 连方及╱或供应商，于蚂蚁数字科技可信资产管理平台上向集团提供服务，包括供应可信链上软体开发 工具(SDK)产品及相关服务与基础设施服务，合约期限为两年，自上述产品及╱或服务交付予或提供予 集团之日起计。 集团主要从事通过遍布中国大陆的庞大友宝点位网络的自动售货机销售快消品，其以数据驱动的运营系 统为支撑。订立可信资产管理平台服务协议使集团将自动售货机数据上链为日后实施加盟商激励计划提 供可信数据支持。 ...

Core Viewpoint - Aokema's stock price has shown fluctuations, with a recent decline of 2.08%, while the company has experienced a year-to-date increase of 11.56% in stock price [1] Financial Performance - For the period from January to September 2025, Aokema reported a revenue of 5.671 billion yuan, representing a year-on-year decrease of 11.14% [2] - The net profit attributable to shareholders was -9.0591 million yuan, a significant decline of 420.49% compared to the previous period [2] Shareholder Information - As of September 30, Aokema had 47,100 shareholders, a decrease of 10.48% from the previous period [2] - The average number of circulating shares per shareholder increased by 11.71% to 16,939 shares [2] Dividend Distribution - Aokema has cumulatively distributed 538 million yuan in dividends since its A-share listing, with 104 million yuan distributed over the past three years [3] Company Overview - Aokema, established on December 28, 1998, and listed on December 29, 2000, is located in Qingdao, Shandong Province [1] - The company's main business includes the production and operation of refrigeration appliances, with a revenue composition of 65.82% from refrigeration equipment, 16.15% from other products, and smaller contributions from various categories [1]

MSC Industrial Direct (NYSE:MSM) FY Conference November 18, 2025 10:00 AM ET Company ParticipantsErik Gershwind - CEORyan Mills - Head of Investor RelationsConference Call ParticipantsTommy Moll - Equity Research AnalystNone - Analyst 1None - Analyst 2None - Analyst 3Tommy MollLet me know when you're good.Ryan MillsI'm ready.Tommy MollOh, ready? Okay. Good morning, everyone. Thanks for joining us here in Nashville for the Stephens Conference. I'm Tommy Moll, an analyst here at Stephens. One of the companies ...

天眼查App显示，近日，山东云购电子服务有限公司成立，法定代表人为付金英，注册资本300万人民 币，经营范围为一般项目：办公设备销售；商业综合体管理服务；咨询策划服务；自动售货机销售；电 子产品销售；日用百货销售；广告制作；食用农产品零售；计算机及办公设备维修；计算机及通讯设备 租赁；食品销售（仅销售预包装食品）；互联网销售（除销售需要许可的商品）；租赁服务（不含许可 类租赁服务）；日用品出租；居民日常生活服务。（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）许可项目：酒类经营；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）。 ...

Core Viewpoint - Aucma, a well-known refrigeration equipment supplier in China, has reported its financial performance for Q3 2025, showing a significant gap in revenue and net profit compared to industry leaders, indicating potential challenges in competitiveness and profitability [2][3]. Financial Performance - In Q3 2025, Aucma achieved a revenue of 5.671 billion yuan, ranking 5th in the industry, while the industry leader, Haier Smart Home, reported a revenue of 234.054 billion yuan [2]. - The company's net profit for the same period was -161.572 million yuan, placing it 6th in the industry, with Haier's net profit at 17.842 billion yuan [2]. Business Composition - Aucma's main business segments include refrigeration appliances, which generated 2.671 billion yuan, accounting for 65.82% of total revenue. Other segments include lifestyle appliances (0.293 billion yuan, 7.23%), air conditioning (0.237 billion yuan, 5.84%), and washing machines (0.126 billion yuan, 3.12%) [2]. Financial Ratios - As of Q3 2025, Aucma's asset-liability ratio was 65.13%, slightly lower than the previous year's 65.51%, but higher than the industry average of 65.32% [3]. - The company's gross profit margin was 13.49%, down from 13.58% year-on-year, and below the industry average of 15.61% [3]. Executive Compensation - The chairman, Zhang Bin, received a salary of 861,200 yuan in 2024, an increase of 75,200 yuan from 2023 [4]. - The general manager, Wang Yingfeng, earned 792,900 yuan in 2024, up from 695,000 yuan in 2023 [4]. Shareholder Information - As of September 30, 2025, Aucma had 47,100 A-share shareholders, a decrease of 10.48% from the previous period, while the average number of shares held per shareholder increased by 11.71% to 16,900 shares [5].

Core Points - A new company, Haoyu (Chongqing) Trading Co., Ltd., has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Xiao Yuchao [1] Business Scope - The company is involved in various licensed projects including catering services, construction project supervision, construction project execution, construction project design, and construction quality testing [1] - General projects include sales of daily necessities, catering management, vending machine sales, packaging services, engineering management services, industrial engineering design services, earthwork construction, metal door and window engineering construction, landscaping engineering construction, and more [1] - The company also provides technical services, technology development, consulting, and promotion, as well as sales of hardware products, building materials, and labor protection supplies [1]