清晨的阳光洒在昆山开发区星巴克中国咖啡创新产业园屋顶的光伏板上，这座以"绿色、智慧、可 持续"为标签的园区，正将每一缕阳光转化为清洁电能。不远处，总投资20亿元的太古可口可乐（苏 州）饮料有限公司电力引擎全面启动，华东地区规模最大的饮料研发制造基地投产在即——这是昆山开 发区以生态环境保护引领高质量发展的生动缩影。 "十四五"以来，昆山开发区推动生态环境保护从"重点攻坚"向"系统治理"跨越，走出了一条经济发 展与生态改善协同并进的实践路径。全域年空气质量优良天数超过300天，PM2.5年均浓度低于28微克/ 立方米；赵屯、振东渡口2个国省考断面水质稳定达Ⅲ类水标准，内河水质基本消除劣Ⅴ类。在绿色动 能持续激活下，昆山开发区先后获评"全国首批绿色低碳示范园区""省级绿色建筑示范园区"和光电产业 园"省级节水型工业园区"，综合实力常年位居全国前列。 多元转型 绿色动能更强劲 在富士和机械工业（昆山）有限公司的智能喷涂车间，机械臂规律挥舞，作业全程密闭。为推进源 头减排，该企业联合产业链伙伴，将一半产品的涂装工艺升级为水性漆替代，仅此一项，每年即可减少 油性漆及稀释剂使用近30吨，挥发性有机物排放显著降低。"现在车 ...

Core Viewpoint - The Zhuhai Market Supervision Administration has conducted food safety inspections in 2025, revealing that out of 261 samples tested, 251 were qualified while 10 were found to be unqualified, primarily in the categories of catering and agricultural products [2]. Group 1: Inspection Results - A total of 261 food samples were tested, including 15 categories such as agricultural products, catering food, beverages, and meat products [2]. - 251 samples were found to be compliant, resulting in a compliance rate of approximately 96.2% [2]. - The unqualified samples were mainly detected for contaminants such as pesticides (e.g., thiamethoxam, thiamethoxam), heavy metals (e.g., lead, cadmium), and other harmful substances [2]. Group 2: Regulatory Actions - The Zhuhai Market Supervision Administration has mandated local regulatory departments to investigate and handle the unqualified food products and their producers promptly [2]. - Companies are required to fulfill their legal obligations, including tracing product distribution, recalling, removing from shelves, and destroying unqualified products [2]. - The results of the investigations will be recorded in the safety credit files of food producers and operators, and the findings will be made publicly available for consumer awareness [2]. Group 3: Consumer Guidance - Consumers are advised to purchase food through legitimate channels and retain shopping receipts [3]. - It is recommended to check product packaging for essential information such as production dates, expiration dates, and producer details [3]. - In case of suspected foodborne illnesses, consumers should seek medical attention and report incidents to the government hotline [3]. Group 4: Public Participation - The administration encourages consumers to actively participate in food safety supervision and report any harmful food products or illegal activities [4].

本报讯 （记者乔燕强）近日记者从辽宁省市场监管局获悉，为切实保障全省人民元旦、春节期间食品 安全，营造安全放心的消费环境，该局在全省范围内组织开展"两节"期间食品安全专项监督抽检行动。 目前，该局已完成"两节"专项监督抽检共计333批次。 辽宁省市场监管局相关负责人表示，将及时向社会公布抽检结果，依法依规做好不合格食品的核查处置 工作，督促相关生产经营者落实主体责任，对违法违规行为依法从严查处。同时，将持续加大节日市场 监督检查力度，强化风险预警与消费提示。 此次专项抽检覆盖辽宁省14个市及沈抚示范区的食品流通、餐饮环节，聚焦直播带货等新兴业态及网购 环节，重点围绕与人民群众节日生活密切相关、消费量大的大宗食品，如肉制品、食用油、乳制品、酒 类、饮料、食用农产品等，开展重点抽检。检验项目聚焦农药残留、兽药残留、非法添加、微生物污染 等关键风险指标。 ...

Group 1 - The core viewpoint of the announcement is that the Ya'an Market Supervision Administration conducted a routine food safety inspection, revealing that out of 111 samples from 24 categories of food, 2 samples were found to be non-compliant [2][2][2] - The inspection covered various food categories including grain products, meat products, beverages, alcoholic drinks, convenience foods, starch and starch products, vegetable products, catering foods, and edible agricultural products [2][2][2] - The local market supervision departments have been instructed to investigate and handle the non-compliant food products identified during the inspection [2][2][2] Group 2 - Consumers are encouraged to report any non-compliant products they encounter in the market by calling the food complaint hotline 12315 [2][2][2] - The announcement was officially released by the Ya'an Market Supervision Administration on December 15, 2025 [2][2][2]

该行认为，随着2024年7月方便面产品提价后的低基数效应显现，2025年下半年方便面的销售增长已转 为正数，并有望持续至年底。同时，受惠于原材料价格下跌，预计2025年下半年毛利率将同比扩大0.7 个百分点。 麦格理发布研报称，维持对康师傅(00322)"跑赢大市"的评级，并相信新管理层将专注于严格的成本管 理和收入复苏，带领公司自2026年起实现可持续增长。基于对严格营运费用控制的信心，麦格理将康师 傅2025年、2026年及2027年的盈利预测分别上调2.1%、2.1%及2.0%。该行指出，这将支持公司的健康 盈利增长。在估值方面，麦格理维持15倍2026年预测市盈率不变，并将目标价由14.7港元上调至15港 元，上调幅度为2%。 同时，该行指出，康师傅预期的股息回报具吸引力，2025年和2026年的股息率分别达到7%和8%。麦格 理预计，康师傅2025年下半年销售额将同比微增0.1%，其中方便面业务增长3%，成功抵消饮料业务 1.5%的销售下滑。此外，营业利润预计将同比增长13.4%，主要受益于严格的成本控制策略以及有利的 原材料价格趋势。 ...

同时，该行指出，康师傅预期的股息回报具吸引力，2025年和2026年的股息率分别达到7%和8%。麦格 理预计，康师傅2025年下半年销售额将同比微增0.1%，其中方便面业务增长3%，成功抵消饮料业务 1.5%的销售下滑。此外，营业利润预计将同比增长13.4%，主要受益于严格的成本控制策略以及有利的 原材料价格趋势。 该行认为，随着2024年7月方便面产品提价后的低基数效应显现，2025年下半年方便面的销售增长已转 为正数，并有望持续至年底。同时，受惠于原材料价格下跌，预计2025年下半年毛利率将同比扩大0.7 个百分点。 该信息由智通财经网提供 智通财经APP获悉，麦格理发布研报称，维持对康师傅(00322)"跑赢大市"的评级，并相信新管理层将专 注于严格的成本管理和收入复苏，带领公司自2026年起实现可持续增长。基于对严格营运费用控制的信 心，麦格理将康师傅2025年、2026年及2027年的盈利预测分别上调2.1%、2.1%及2.0%。该行指出，这 将支持公司的健康盈利增长。在估值方面，麦格理维持15倍2026年预测市盈率不变，并将目标价由14.7 港元上调至15港元，上调幅度为2%。 ...

（原标题：方正证券：首次覆盖遇见小面(02408)给予"推荐"评级 直营+特许经营相结合灵活扩张） 智通财经APP获悉，方正证券发布研报称，遇见小面(02408)为川渝风味面馆龙头，菜品以川渝风味为 主、主打性价比，短期关注公司同店修复及门店扩张节奏，中长期看，公司在国内外市场仍有较大开店 空间。该行预计2025-2027年公司经调整净利润分别为1.4/2.4/3.7亿元，首次覆盖，给予"推荐"评级。 方正证券主要观点如下： 川渝风味面馆第一品牌，直营+特许经营相结合灵活扩张 公司是以重庆小面系列为主打的中式餐饮连锁品牌，目前公司产品已扩展到各种辣与不辣的菜品，涵盖 面条、米饭、小吃和饮料。公司首家门店2014年于广州开设，而后陆续迎来多轮融资。2017年-2020年 公司陆续在深圳、北京等地开出首店，并于2019年开设首家特许经营门店。2021年公司门店总数突破一 百家，而后通过直营+特许经营的双重模式加速扩张，2021-2024年公司门店数量由133家增长至360家。 2024年公司在香港开设首家餐厅，截至2025年6月30日，公司旗下餐厅包括中国内地22个城市的410家餐 厅及中国香港特别行政区的7家餐 ...

Economic Performance - The overall industrial output value in Huizhou County reached 51.71 billion yuan, with a year-on-year growth of 14.8%, an increase of 3.1 percentage points compared to the first ten months of 2025 [2] - The added value of industrial enterprises above designated size grew by 13.2%, with an acceleration of 2.3 percentage points [2] - The manufacturing sector, along with the electricity, heat, gas, and water production and supply industries, showed increased growth rates, indicating robust industrial production [2] Investment Trends - Fixed asset investment totaled 28.38 billion yuan, reflecting a year-on-year decline of 34.4%, but the rate of decline has slowed compared to previous periods [2] - Although industrial investment, infrastructure investment, construction and installation investment, and real estate development investment remain in a declining phase, there are signs of marginal improvement in the overall investment environment [2] Consumer Market - The total retail sales of social consumer goods reached 31.6 billion yuan, with a year-on-year growth of 2.9% [3] - Retail sales of key consumer goods categories, such as clothing, beverages, and household appliances, experienced double-digit growth, highlighting the potential and structural upgrades in the consumer market [3] Fiscal and Financial Stability - General public budget revenue amounted to 4.88 billion yuan, increasing by 7.9%, while domestic tax revenue grew by 3.4% to 3.81 billion yuan [3] - Financial institutions reported an 8.3% increase in the balance of deposits and a 6.1% increase in loans, providing a stable financial environment for economic development [3] Future Outlook - Huizhou County aims to continue strengthening macroeconomic policy adjustments, focusing on expanding effective demand and stimulating the vitality of business entities to achieve qualitative and quantitative economic growth [3]

来源：九派新闻 1月6日，安徽的陈女士告诉九派新闻，她已向12345投诉，正等待职能部门的处理结果。 三亚市综合行政执法局接线人员告诉九派新闻，三亚市正在对海鲜消费领域宰客行为进行整治，消费者 遭遇宰客后可进行投诉，相应辖区的分局执法人员会第一时间处理。 游客遭司机诱导至海鲜店消费1930元 其中，草虾（大）每公斤价格250元，泰虾特大每公斤1376元，面包螺每公斤158元，松叶蟹每公斤796 元。 近日，有网友发帖称，与家人在三亚旅游时，被非运营车辆拉到海鲜店吃饭，4道海鲜与2个椰子共消费 1930元。点菜时，服务员强调"整个三亚都是这个价格"。 陈女士介绍，1月2日，夫妻俩带家中长辈到三亚旅游，晚上抵达酒店后，她准备打网约车出门吃饭时， 被酒店门口的非运营车辆司机拦住。 "司机直接拉住了我们，说她正好下班回家，拉客人挣点油钱，去哪儿都只要15元车费。"陈女士心想车 费比较便宜，她提前在餐饮平台选好一家海鲜店，团购价格实惠，便告知司机海鲜店名称，司机同意 后，她与家人一同上了车。 没想到车辆行驶不久，司机就更改了目的地，行车途中，司机表示陈女士选的海鲜店不新鲜，本地人吃 海鲜都去友谊街。陈女士信以为真："我 ...

Group 1: Core Insights - The report from Guosheng Securities indicates that the liquor industry is expected to fully release risks by 2025, with improvements in supply and demand anticipated in 2026, characterized by a "supply-first, demand-gradual" recovery [1] - Current market conditions show a triple bottom in sales, pricing, and financial reports, with short-term improvements in sales expected during the Spring Festival, and mid-term recovery in sales, pricing, and financial reports anticipated [1] Group 2: Consumer Trends - The overall consumption landscape is stabilizing, but prices are under pressure, with structural growth changes continuing; the food and beverage sector saw a cumulative decline of 4% in 2025, with liquor significantly impacted, down 7% year-to-date [1] - High-end consumption is recovering first, with experiential consumption leading the way; product life cycles are shortening, and there is a clear trend towards health-oriented products and improved trust in channels [1] Group 3: Liquor Industry Analysis - The supply side is clearing, with leading companies like Kweichow Moutai and Wuliangye stabilizing prices and boosting channel confidence; the industry is expected to prioritize volume over price and focus on sales and market share in 2026 [2] - Demand is gradually recovering, with sales showing signs of improvement; the peak sales period around the Spring Festival is expected to see continued recovery, particularly for leading brands [2] Group 4: Beer and Beverage Sector - The beer sector is anticipated to benefit from restaurant recovery, with expectations for volume and price performance to exceed forecasts; key stocks include Beijing Beer and China Resources Beer [3] - The beverage industry is expanding steadily, with segments like sugar-free tea and energy drinks leading growth; companies with strong brand and channel capabilities are likely to stand out in a competitive landscape [3] Group 5: Food Sector Insights - The restaurant supply chain is seeing a recovery in demand, with price wars easing; leading companies like Anjijia are expected to navigate price pressures effectively [4] - The snack sector is focusing on retail transformation and product-driven growth, with opportunities for standout products; the dairy sector is expected to see a turning point in raw milk cycles in the second half of 2026 [4] - The health supplement market in China is still in a growth phase, with new ingredients and effects presenting explosive opportunities; companies like H&H International Holdings are highlighted for their resilience [4]