02版 - 长久守牢不发生规模性返贫致贫的底线(权威访谈)

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Recently, Yuanji Foods submitted its listing application to the Hong Kong Stock Exchange. Its operating figures show a mix of scale expansion and mounting profitability pressure. In 2023 and 2024, the company recorded revenue of RMB 2.026 billion and RMB 2.561 billion, respectively, up 26.4% year over year. Revenue for the first three quarters of 2025 reached RMB 1.982 billion, up 11% year over year. While revenue continued to grow, the growth rate clearly slowed. Profitability fluctuated significantly: net profit fell 15% year over year in 2024 to RMB 142 million, then rebounded to RMB 142 million in the first three quarters of 2025 (matching the full-year 2024 level in just nine months). Adjusted net profit was RMB 192 million, up 31% year over year, with the increase largely driven by a reduction in share-based payment expenses.

Perhaps it’s no mistake, then, that the doomsday predictions are coming from tech types who see firsthand how 30% of software development work is vanishing into the oncoming advance of the robots. Venture capital billionaire Marc Andreessen famously predicted over a decade ago that software would “eat the world,” but software has found itself being consumed. Goldman offered some clues as to how much greater AI’s appetite will be from here.

伊朗称又击落6架美以军方无人机