Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82

Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
日本漫画全彩口 - 探索全新关卡,挑战极限!
随机图片

日本漫画全彩口 - 探索全新关卡,挑战极限!

更新时间: 浏览次数: 457

400电话:123456(点击咨询)
日本漫画全彩口 - 探索全新关卡,挑战极限!各观看免费《今日汇总》
日本漫画全彩口 - 探索全新关卡,挑战极限!各热线观看免费2025已更新(2025已更新)








日本漫画全彩口 - 探索全新关卡,挑战极限!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








日本漫画全彩口 - 探索全新关卡,挑战极限!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




日本漫画全彩口 - 探索全新关卡,挑战极限!各区点热线观看免费《今日发布》
Random Image 日本漫画全彩口 - 探索全新关卡,挑战极限!电话








7天观看免费人工电话为您、日本漫画全彩口 - 探索全新关卡,挑战极限!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








日本漫画全彩口 - 探索全新关卡,挑战极限!各观看免费《今日汇总》2025已更新(今日/推荐)








日本漫画全彩口 - 探索全新关卡,挑战极限!电话区域:








滁州市(凤阳县、全椒县、琅琊区、定远县、南谯区、来安县、天长市、明光市)








仙桃市(神农架林区、潜江市、天门市)








攀枝花市(西区、米易县、仁和区、盐边县、东区)








宁波市(宁海县、海曙区、镇海区、象山县、北仑区、奉化区、余姚市、慈溪市、江北区、鄞州区)  张家口市(张北县、万全区、涿鹿县、宣化区、康保县、蔚县、下花园区、怀安县、尚义县、赤城县、桥西区、怀来县、沽源县、阳原县、崇礼区、桥东区)








临沂市(平邑县、费县、沂南县、蒙阴县、临沭县、罗庄区、郯城县、沂水县、兰山区、兰陵县、河东区、莒南县)








菏泽市(牡丹区、东明县、巨野县、曹县、鄄城县、定陶区、单县、成武县、郓城县)








鹤岗市(东山区、萝北县、南山区、绥滨县、向阳区、兴山区、工农区、兴安区)南京市(雨花台区、六合区、浦口区、溧水区、鼓楼区、栖霞区、江宁区、秦淮区、高淳区、玄武区、建邺区)








九江市(浔阳区、濂溪区、湖口县、柴桑区、庐山市、瑞昌市、武宁县、彭泽县、共青城市、都昌县、德安县、修水县、永修县)  海东市(循化撒拉族自治县、互助土族自治县、民和回族土族自治县、乐都区、化隆回族自治县、平安区)








石河子市(胡杨河市、北屯市、新星市、可克达拉市、图木舒克市、白杨市、阿拉尔市、铁门关市、昆玉市、五家渠市、双河市)








吕梁市(兴县、中阳县、汾阳市、柳林县、方山县、交城县、孝义市、临县、离石区、岚县、文水县、交口县、石楼县)








武威市(天祝藏族自治县、民勤县、凉州区、古浪县)








儋州市








博尔塔拉蒙古自治州(博乐市、阿拉山口市、精河县、温泉县)








陇南市(徽县、两当县、礼县、武都区、文县、成县、康县、西和县、宕昌县)








南平市(建阳区、武夷山市、邵武市、浦城县、松溪县、政和县、光泽县、建瓯市、顺昌县、延平区)








焦作市(沁阳市、温县、中站区、马村区、武陟县、解放区、孟州市、修武县、山阳区、博爱县)








酒泉市(瓜州县、肃州区、金塔县、阿克塞哈萨克族自治县、肃北蒙古族自治县、玉门市、敦煌市)








克孜勒苏柯尔克孜自治州(阿合奇县、阿克陶县、阿图什市、乌恰县)








延安市(甘泉县、黄龙县、富县、延长县、延川县、志丹县、安塞区、黄陵县、洛川县、子长市、宜川县、宝塔区、吴起县)








林芝市(墨脱县、朗县、工布江达县、巴宜区、米林市、波密县、察隅县)








福州市(晋安区、马尾区、闽侯县、仓山区、平潭县、永泰县、福清市、台江区、闽清县、罗源县、长乐区、连江县、鼓楼区)








临汾市(洪洞县、浮山县、大宁县、乡宁县、霍州市、翼城县、曲沃县、古县、隰县、侯马市、吉县、安泽县、永和县、蒲县、襄汾县、汾西县、尧都区)








西藏自治区








东营市(河口区、东营区、垦利区、广饶县、利津县)








开封市(禹王台区、尉氏县、通许县、鼓楼区、祥符区、兰考县、杞县、顺河回族区、龙亭区)








本溪市(溪湖区、南芬区、明山区、平山区、本溪满族自治县、桓仁满族自治县)








深圳市(宝安区、南山区、福田区、盐田区、龙华区、坪山区、罗湖区、光明区、龙岗区)
400电话:123456(点击咨询)
日本漫画全彩口 - 探索全新关卡,挑战极限!各观看免费《今日汇总》《今日发布》
日本漫画全彩口 - 探索全新关卡,挑战极限!各观看免费《今日汇总》(2025已更新)








日本漫画全彩口 - 探索全新关卡,挑战极限!观看免费电话:(1)123456(点击咨询)(2)123456(点击咨询)








日本漫画全彩口 - 探索全新关卡,挑战极限!观看免费热线(1)123456(点击咨询)(2)123456(点击咨询)




日本漫画全彩口 - 探索全新关卡,挑战极限!各观看免费《今日汇总》【2025已更新列表】
日本漫画全彩口 - 探索全新关卡,挑战极限!电话








7天观看免费人工电话为您、日本漫画全彩口 - 探索全新关卡,挑战极限!团队在调度中心的统筹调配下,线下专业及各地区人员团队等专属,整个报修流程规范有序,后期同步跟踪查询公开透明。








所有团队均经过专业培训、持证上岗,所用产品配件均为原厂直供,








日本漫画全彩口 - 探索全新关卡,挑战极限!中心2025已更新(今日/推荐)








日本漫画全彩口 - 探索全新关卡,挑战极限!电话区域:








鄂尔多斯市(康巴什区、鄂托克旗、伊金霍洛旗、杭锦旗、准格尔旗、鄂托克前旗、乌审旗、达拉特旗、东胜区)








威海市(荣成市、文登区、乳山市、环翠区)








秦皇岛市(山海关区、昌黎县、北戴河区、海港区、青龙满族自治县、抚宁区、卢龙县)








包头市(昆都仑区、青山区、石拐区、九原区、土默特右旗、白云鄂博矿区、固阳县、达尔罕茂明安联合旗、东河区)  梧州市(长洲区、蒙山县、龙圩区、万秀区、岑溪市、藤县、苍梧县)








保定市(涿州市、高阳县、定兴县、满城区、高碑店市、定州市、雄县、唐县、阜平县、曲阳县、清苑区、望都县、徐水区、莲池区、蠡县、涞源县、竞秀区、易县、博野县、顺平县、涞水县、安国市、安新县、容城县)








喀什地区(叶城县、岳普湖县、巴楚县、伽师县、疏勒县、麦盖提县、英吉沙县、疏附县、莎车县、塔什库尔干塔吉克自治县、喀什市、泽普县)








沈阳市(苏家屯区、大东区、浑南区、皇姑区、辽中区、法库县、沈河区、和平区、新民市、沈北新区、铁西区、于洪区、康平县)汕尾市(陆河县、海丰县、城区、陆丰市)








惠州市(惠城区、惠阳区、龙门县、博罗县、惠东县)  阜阳市(颍东区、阜南县、颍泉区、太和县、界首市、颍上县、颍州区、临泉县)








宝鸡市(陇县、陈仓区、扶风县、渭滨区、凤县、麟游县、凤翔区、太白县、眉县、金台区、岐山县、千阳县)








肇庆市(德庆县、四会市、封开县、怀集县、鼎湖区、广宁县、端州区、高要区)








自贡市(荣县、自流井区、富顺县、沿滩区、贡井区、大安区)海北藏族自治州(祁连县、海晏县、门源回族自治县、刚察县)








芜湖市(镜湖区、南陵县、鸠江区、无为市、繁昌区、弋江区、湾沚区)








双鸭山市(尖山区、饶河县、四方台区、宝清县、宝山区、集贤县、岭东区、友谊县)








昌吉回族自治州(昌吉市、奇台县、木垒哈萨克自治县、呼图壁县、阜康市、吉木萨尔县、玛纳斯县)








长治市(沁源县、上党区、屯留区、武乡县、襄垣县、潞城区、潞州区、平顺县、壶关县、沁县、黎城县、长子县)








辽阳市(文圣区、弓长岭区、太子河区、白塔区、宏伟区、灯塔市、辽阳县)








内蒙古自治区








镇江市(丹徒区、京口区、扬中市、润州区、丹阳市、句容市)








哈尔滨市(方正县、阿城区、呼兰区、依兰县、延寿县、木兰县、宾县、双城区、松北区、香坊区、五常市、通河县、道里区、平房区、巴彦县、南岗区、道外区、尚志市)








红河哈尼族彝族自治州(屏边苗族自治县、金平苗族瑶族傣族自治县、泸西县、石屏县、弥勒市、建水县、元阳县、蒙自市、河口瑶族自治县、绿春县、个旧市、开远市、红河县)








朝阳市(北票市、建平县、凌源市、喀喇沁左翼蒙古族自治县、朝阳县、龙城区、双塔区)








吉林市(磐石市、昌邑区、桦甸市、永吉县、蛟河市、舒兰市、丰满区、船营区、龙潭区)








漳州市(芗城区、龙文区、云霄县、漳浦县、诏安县、东山县、龙海区、长泰区、南靖县、平和县、华安县)








防城港市(东兴市、上思县、港口区、防城区)








天津市(东丽区、滨海新区、红桥区、北辰区、和平区、静海区、河北区、河西区、宝坻区、津南区、南开区、武清区、蓟州区、西青区、河东区、宁河区)








白银市(景泰县、会宁县、白银区、平川区、靖远县)








马鞍山市(花山区、当涂县、和县、博望区、雨山区、含山县)

  华尔街见闻

  在可乐市场份额下滑的同时,百事可乐在如今的贸易战中又处于不利于地位。

  据华尔街日报报道,问题的核心在于百事可乐和可口可乐生产其秘方浓缩糖浆的地点存在差异。

  百事可乐50多年前就开始在爱尔兰生产浓缩糖浆,选址理由是爱尔兰的低企业税率。

  现在,这个旨在节税的举措却适得其反,供应美国市场的百事可乐浓缩糖浆,几乎全部需要缴纳10%的关税。

  可口可乐几十年来也在爱尔兰生产浓缩糖浆,并将其运往全球各地市场。但关键区别在于,可口可乐为美国市场生产的浓缩糖浆主要来自佐治亚州亚特兰大和美国领土波多黎各。这意味着可口可乐和雪碧等饮料受关税影响较小。

  汇丰银行分析师CarlosLaboy指出,没人能预见关税的出现,也不清楚关税会持续多久,但毫无疑问,百事可乐现在处于不利地位。

  报道指出,对于百事可乐来说,贸易战来得尤其不是时候。过去二十年,百事可乐在美国市场的份额一路下滑,去年更是跌至新低,DrPepper取代百事可乐成为美国第二大汽水品牌。在多年专注于食品和能量饮料后,百事可乐现在正试图重振其美国汽水销售。新关税可能使这一任务变得更加艰难。

  多行业面临贸易战考验

  贸易战的影响远不止饮料行业。

  在牛仔裤领域,LeviStrauss从许多现在受10%关税影响的国家采购原料。而Wrangler的母公司则在西半球生产其40%的牛仔裤和其他裤装,包括在墨西哥的七家工厂。

  Wrangler在墨西哥生产的产品符合美墨加贸易协定,因此目前免于特朗普今年早些时候对墨西哥进口商品征收的25%关税。

  升级的关税战还可能波及牙膏制造商。美国消费的佳洁士牙膏大部分在国内生产,而高露洁则在墨西哥生产部分销往美国的牙膏。

  风险提示及免责条款

  市场有风险,投资需谨慎。本文不构成个人投资建议,也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资,责任自负。

  来源/梧桐树下V

  文/西风

  4月21日,深圳市智立方自动化设备股份有限公司(301312)发布《关于部分募投项目延期的公告》。这已是智立方2022年7月11日上市以来的第二次延期。公司IPO时原拟募资6.0044亿元,实际募资净额6.674亿,超募0.67亿元。公司同日公布2024年年报,扣非净利润3445万元,同比下降32.32%,而2023年已同比下降52.87%。2024年的扣非净利润只是公司上市前2021年度扣非净利润1.1175亿元的30.83%。因此该公司属于“IPO超募+上市后业绩大幅下降+募投项目两次延期”。

  一、IPO超募6695万元

  公司是一家专注于工业自动化设备的研发、生产、销售及相关技术服务的高新技术企业,为下游客户智能制造系统、精益和自动化生产体系提供定制化专业解决方案,产品包括工业自动化设备、自动化设备配件及相关技术服务。

  根据公司招股说明书,公司IPO拟募资6.0044亿元,除1.8亿元用于补充流动资金外,其余资金全部用于自动化设备产能提升项目、研发中心升级项目。

  公司IPO发行股份1023.5691万股,发行价格72.33元/股,募集资金74034.753万元,发行费用7294.84万元,募资净额66739.913万元,超募6695.513万元。

  二、上市不到3年,两次延期募投项目

  公司IPO募集资金于2022年7月5日划至公司指定账户,2022年8月16日公司董事会决定利用募集资金置换预先投入募投项目自筹资金762.69万元。

  2024年4月24日,公司发布《关于部分募投项目延期的公告》。将自动化设备产能提升项目预定可使用状态日期从2024年7月调整到2025年7月。

  公告还披露了截至2023年12月31日,自动化设备产能提升项目、研发中心升级项目实际投入金额分别为5370.04万元、6090.81万元,项目投资完成率分别为19.63%、41.47%。

  单位:万元

  2025年4月21日,公司发布《关于部分募投项目延期的公告》。公告称:公司基于审慎性原则,结合当前募投项目实际进展情况,在募投项目实施主体、募集资金用途及投资项目规模不发生变更的情况下,拟对部分募投项目达到预定可使用状态日期进行调整。两个项目调整前达到预定可使用状态日期为2025年7月,调整后延期到2027年7月,延期了整整2年。

  公告披露延期的原因为:公司董事会和管理层积极推进项目建设的相关工作,结合实际需要,审慎规划募集资金的使用,但在公司募投项目实际投入过程中,因受到外部宏观环境、行业内部环境变化及整体工程进度不及预期等因素的影响,公司的募投项目实施进度放缓,预计无法在计划的时间内完成建设。为了降低募集资金的投资风险,提升募集资金使用效率,保证募集资金合理运用,公司根据募投项目当前的实际建设进度,经过谨慎研究,决定将上述募投项目达到预定可使用状态日期进行调整。

  截至2024年12月31日,自动化设备产能提升项目、研发中心升级项目累计已投入金额分别为19116.44万元,9691.19万元,投资完成率分别为69.88%、65.98%。

  单位:万元

  三、上市前业绩持续增长,上市后业绩持续下降

  公司2022年7月11日上市,公司招股书披露的报告期为2019年、2020年、2021年,公司实现营业收入分别为28208万元、35345万元、54852万元,扣非归母净利润分别为8842万元、9584万元、11175万元,营收和净利润都是持续增长。

  遗憾的是,上市当年营业收入、净利润就同比双双下降了。2022年,公司实现营业收入50820万元,扣非归母净利润10799万元,同比分别下降7.35%、3.37%。2023年实现营业收入42739万元、扣非归母净利润5090万元,同比分别下降15.90%、52.87%,加速下降。2024年,公司实现营业收入55461万元,同比增长29.77%,扣非归母净利润3445万元,同比下降32.32%。这样2024年扣非归母净利润只有公司上市前一年(2021年)的30.83%。

  还好,2025年一季度营收、净利润同比双双增长了!

新闻结尾 日本漫画全彩口 - 探索全新关卡,挑战极限!的相关文章
有人贷款17万买黄金盈余过万
中国留学生起诉美政府“首战胜利”
孙颖莎晋级澳门世界杯决赛
孙颖莎晋级澳门世界杯决赛
花22万娶越南新娘1周就跑了
王楚钦无缘澳门世界杯决赛
  • 友情链接:
  • 雨果巴西首位进入乒乓世界杯运动员 韩国人之后 泰国人又扎堆来上海了 赵勇出任中国女排主教练 韩国人之后 泰国人又扎堆来上海了

    查看更多评价 ∨