（文章来源：第一财经） 财政部发布《长期资产进项税额抵扣暂行办法》。其中提到，纳税人取得以下长期资产，用于混合用途 的，购进时先全额抵扣进项税额，此后在用于混合用途期间，根据调整年限计算五类不允许抵扣项目对 应的不得从销项税额中抵扣的进项税额，逐年调整。纳税人取得本办法第九条规定以外的长期资产，用 于混合用途的，对应的进项税额可以全额从销项税额中抵扣。 ...

（文章来源：第一财经） 据报道，在金价暴跌之际，德意志银行仍维持对金价6000美元/盎司的预测不变。 ...

此前闻泰科技表示，荷兰政府以莫须有的"国家安全"为由，对安世半导体实施全球运营冻结，是基于地 缘政治偏见的过度干预。 安世半导体控制权受限一事尚未影响去年第三季度的业绩，该季度闻泰科技净利润10.4亿元，同比增长 279.29%。去年前三季度，闻泰科技净利润15.13亿元。但第四季度业绩就受到明显影响。按照2025年业 绩预告计算，闻泰科技第四季度净利润亏损105.13亿元~150.13亿元。 近两年来，闻泰科技的经营状况波动较大。2024年，闻泰科技亏损28.33亿元。财报称，2024年12月公 司被列入实体清单，公司供应商、客户出于风险规避偏好和谨慎性考虑，倾向于扩大化理解和执行某些 规定，影响公司产品集成业务的采购、研发和销售。 预告公司陷入亏损后，今日闻泰科技（600745.SH）跌停。 闻泰科技上周五晚间发布业绩预告，预计2025年公司净利润亏损90亿元~135亿元。"公司对安世的控制 权仍处于受限状态，该事项对公司报告期内业绩将造成较大影响。"闻泰科技表示，公司报告期内将确 认较大金额的投资损失、资产减值损失，对业绩造成较大影响。 闻泰科技同时表示，由于安世控制权受限导致的一系列影响具有重大不确定 ...

Core Viewpoint - The chairman of Ningbo Marine has submitted a written resignation due to work changes, affecting multiple roles within the company [1] Group 1 - The resignation of Dong Jun from the position of chairman and director of the company was officially received by the board on February 2, 2026 [1] - Dong Jun also stepped down from his roles as the chairman of the Strategic Committee and a member of the Nomination Committee [1] - Following his resignation, Dong Jun will no longer hold any other positions within the company [1]

上汽集团公告，2026年1月整车产量33.87万辆，同比增4.01%；销量32.74万辆，同比增23.94%。其中新 能源汽车产量10.47万辆，同比增20.21%，销量85374辆，同比增39.73%；出口及海外基地产量10.46万 辆，同比增50.56%，销量10.45万辆，同比增51.68%。 ...

农业银行今日发布《关于进一步做好贵金属市场风险防范的提示》称，近期国内外贵金属市场价格波动 剧烈，不确定性因素显著增强。特别提示各位客户审慎评估自身风险承受能力，综合考虑自身财务状况 开展贵金属交易业务，保持理性投资心态。请各位客户密切关注行情变化，合理控制持仓规模，有效防 范市场波动风险。 ...

（文章来源：第一财经） Soul App AI团队（Soul AI Lab）宣布已开源实时数字人生成模型SoulX-FlashTalk。据其介绍，这是首个 能够实现0.87s亚秒级超低延时、32fps高帧率，并支持超长视频稳定生成的14B数字人模型。 ...

华工科技在互动平台表示，联接业务海外市场推进顺利，2025年以来出口业务增长明显，海外设备商与 渠道商已有批量的400G/800G光模块出货，800G LPO光模块已经在海外工厂开始交付，2026年将继续 上量，同时产品型号也在增加。公司具备1.6T光模块的批量生产能力，并已有小批量订单出货，正在为 后续的上量做准备。海外头部客户方面，包括800G和1.6T在内的LPO系列、DSP系列产品按既定规划进 行生产及准备。 （文章来源：第一财经） ...

Core Insights - The overall performance forecast for real estate companies in 2025 indicates significant losses, with 49 out of 65 A-share listed companies expected to report losses, accounting for over 70% of the total [1][4] - Vanke A leads in projected losses, estimating a net profit loss of approximately 82 billion yuan, a substantial increase from the previous year's loss of about 49.48 billion yuan [1] - Other companies such as China Fortune Land Development, Greenland Holdings, and China Overseas Land & Investment also anticipate significant losses, with projections exceeding 10 billion yuan [2] Company Performance - Vanke A's projected net profit loss for 2025 is around 82 billion yuan, with a non-recurring loss of about 80 billion yuan, compared to previous losses of 49.48 billion yuan and 45.39 billion yuan respectively [1] - China Fortune Land Development expects a net profit loss between 24 billion and 16 billion yuan, while Greenland Holdings anticipates a loss between 19 billion and 16 billion yuan [2] - Poly Developments managed to maintain a slight profit, with a net profit of approximately 1.03 billion yuan, although this represents a 79.49% decrease year-on-year [3] Industry Overview - The total projected loss for the 49 companies is estimated to be between 202.6 billion and 235.2 billion yuan, indicating a severe downturn in the real estate sector [4] - The overall net profit for the 65 companies, including those expected to be profitable, is projected to be between -164 billion and -202.2 billion yuan, suggesting that the real estate sector may face losses exceeding 200 billion yuan [4] - The real estate market is still in a "de-inventory" phase, with pressures on sales and prices, although there are signs of stabilization in key cities [5]

Core Viewpoint - The "space photovoltaic" concept has become a major focus in the secondary market, significantly influenced by Tesla CEO Elon Musk's endorsements, with the relevant index rising 19.83% in the past month, outperforming the CSI 300 index's 1.18% increase [1] Group 1: Market Performance - The space photovoltaic concept index has seen a substantial increase, with notable stocks such as JunDa Co., Ltd. rising by 84.62%, Mingyang Smart Energy increasing by 60.22%, and Jiejia Weichuang up by 44.04% over the past 20 days [1] - Several photovoltaic companies have experienced significant stock price surges, triggering trading anomalies, with stocks like Dongfang Risen and Laplace exceeding a cumulative price deviation of 30% over multiple trading days [3] Group 2: Technology and Feasibility - Space photovoltaic energy involves utilizing solar photovoltaic technology in outer space to generate and supply energy, with the potential for direct power transmission to Earth or powering satellites and space stations [3] - The feasibility of space photovoltaic technology is supported by the abundant sunlight in space and the ability to deploy photovoltaic components on satellites, with near-Earth orbit satellites experiencing over 60% sunlight exposure [3] - Despite the market enthusiasm, the industry faces significant uncertainties regarding the maturity and long-term reliability of the technology, as well as the economic viability required for large-scale commercialization [4][5] Group 3: Industry Insights - Industry insiders indicate that the application scenarios for space photovoltaic technology are still in the exploratory phase, with many companies in the secondary market not yet supplying products to commercial space satellite companies [4] - Analysts emphasize that space photovoltaic technology is currently in the early stages, requiring validation of technical routes and economic benefits for large-scale commercial applications [5] - The current cost of space photovoltaic energy is estimated to be around $2-3 per kilowatt-hour, significantly higher than ground photovoltaic costs of $0.03-0.05 per kilowatt-hour, highlighting the economic challenges ahead [6] Group 4: Future Outlook - Companies like Trina Solar and HaiMuxing express optimism about the future of space photovoltaic technology, with ongoing collaborations with leading aerospace institutions to accumulate practical experience [6] - The commercial viability of space photovoltaic technology is projected to gradually materialize over the next 10 to 15 years, driven by decreasing launch costs and breakthroughs in battery technology [7]