" 妈，我也 50 多岁了，我也没有几年活头了，你让我有点自己的时间，行不行？ " 53岁的宁宁对着妈妈轻声哀求，语气里藏着三千个日夜的疲惫与委屈，她的妈妈确诊阿尔茨海默病已8年，近三千个日夜的贴身照料，成了一场单向奔赴的 坚守——无论宁宁如何小心迁就都难换妈妈一句满意，这不是宁宁一个人的困境，而是千万认知症患者及家庭共同面临的现实。权威媒体报道中，据估计， 我国60岁及以上人群中有认知障碍患者5300多万其中轻度认知障碍患者3877万，痴呆患者1507万，认知症照护已成为严峻的社会课题。 86岁的刘爷爷，曾是心脏内科专家，如今却被帕金森综合征与腔隙性脑梗"困住"。每到黄昏，日落综合征还会发作：昔日沉稳的医者，变成一个时而对着窗 户呼喊救命，时而蜷缩在地上嘶吼挣扎的病人。 同样被认知症困扰的吴奶奶，却有截然不同的表现——她对陌生人充满戒备，见到摄影师执意要查对方的身份证，语气里满是不安与多疑。直到护理员轻声 安抚："小伙伴报警了，他是来取证的"，吴奶奶紧绷的神经才逐渐放松下来。 还有很多认知症老人被情绪激越困扰：突如其来的打人冲动，刻板机械的重复行为，瞬间失控的大声嘶吼、漫长无尽的沉默淡忘......这些看似 ...

Core Viewpoint - KFC has announced a price adjustment strategy, increasing delivery product prices by an average of 0.8 yuan, while maintaining dine-in prices unchanged, reflecting a normal market adjustment to optimize cost structures and provide high-quality services to consumers [1][4]. Group 1: Price Adjustment Strategy - The price increase applies only to delivery channels, with popular promotional packages like "Crazy Thursday" and "Weekend Madness" remaining at the same price, indicating a focus on protecting core consumers [1][5]. - KFC's previous price adjustments in December 2022 and December 2024 involved increases ranging from 0.5 yuan to 2 yuan, with promotional items also retaining their prices during those adjustments [2][5]. Group 2: Operational Scale and Cost Management - As of September 2025, KFC operates over 12,600 stores in China, leveraging its extensive network for competitive advantage, while also expanding into the coffee market with over 1,800 "KFC Coffee" locations [4]. - The company aims to adjust prices to cover rising labor, rent, and logistics costs, which are essential for sustainable development [4]. Group 3: Market Analysis - Analysts note that KFC's decision to raise delivery prices while keeping dine-in prices stable is a strategic response to rising costs in raw materials, labor, and logistics, which are common challenges in the restaurant industry [5]. - The small price increase for delivery services, combined with maintaining high-traffic promotional packages, helps alleviate cost pressures without significantly impacting price-sensitive consumers, thus supporting long-term brand competitiveness [5].

来源：环球网 【环球网消费综合报道】1月26日，贵金属市场迎来高光时刻，黄金概念股全线爆发，成为资本市场关 注的焦点。受现货黄金价格强势突破5000美元并持续走高的提振，A股黄金板块个股表现抢眼，湖南黄 金、盛达资源、福达合金、豫光金铅均以"一字"涨停开盘，中国黄金、恒邦股份、四川黄金、招金黄金 等近十只个股亦强势封死涨停板，晓程科技、铜陵有色、西部黄金、曼卡龙等多股强势跟涨。期货市场 同步走强，沪金主力合约早盘大涨3.73%，盘中亦刷新历史高点。 消息面上，国际金价势如破竹，现货黄金早盘涨幅扩大至近2%，最高触及5093.15美元/盎司，距离5100 美元仅一步之遥。上周美元指数大跌近2%，创下半年来最差周表现，与此形成鲜明对比的是，黄金单 周上涨8.4%。市场分析人士指出，多重宏观与避险因素共同助推了金价迭创新高。市场对美元资产避 险属性的担忧促使欧洲、印度等多地基金加速减持美债，并推进资产多元化配置。丹麦最大的养老基金 之一AkademikerPension也出于对财政纪律、美元走弱以及地缘紧张局势等一系列问题的担忧，宣布退 出其持有的1亿美元美债头寸。 在金价持续走牛的背景下，资本市场资金动向也备受关 ...

Group 1 - The core viewpoint of the articles highlights the optimistic outlook for China's economy in 2026, driven by structural upgrades in exports and recovery in domestic consumption, which are expected to provide significant certainty for global economic growth [1][3]. - International financial institutions are increasingly confident in China's economic resilience, with reports indicating a fundamental shift in export drivers from cost advantages to technology and supply chain efficiency [1][3]. - The competitiveness of Chinese exports is being enhanced through product upgrades and innovation, particularly in high-value and high-tech sectors such as automobiles, batteries, solar energy, and grid equipment [1][3]. Group 2 - The recovery and upgrade of domestic consumption are seen as key drivers of economic growth, with evidence of structural transformation in demand patterns [3]. - The stability of China's industrial and supply chains is a significant advantage for multinational companies, making China an attractive market for foreign investments [3]. - Foreign institutions are actively reallocating assets towards Chinese markets, with a shift in focus from short-term valuation benefits to long-term growth potential driven by industrial transformation [3][4]. Group 3 - Long-term capital is increasingly securing cornerstone investments in high-quality Chinese assets, indicating a shift from short-term holdings to long-term allocations [4][5]. - The average subscription rate for cornerstone investors in Hong Kong IPOs has reached 39.15%, the highest in two years, reflecting growing international capital interest in China's industrial upgrades [4]. - The focus of international long-term capital is shifting from price-driven strategies to value-driven approaches, emphasizing the importance of companies' positions in the supply chain, technological barriers, and future profitability [5].

Core Insights - The report highlights the significant presence of public funds in the stock market, with 2,977 stocks appearing in fund heavy positions as of the end of Q4 last year, indicating a clear trend in institutional investment strategies [1] - A total of 107 stocks have a fund holding ratio exceeding 10%, showcasing the high influence and control of institutional funds over these stocks [1] Group 1: Fund Holdings and Stock Performance - Among the 107 stocks with over 10% fund holdings, 56 saw increased investments in Q4, with notable increases in holdings for ShenGong Co., Tianhua New Energy, and Maiwei Co., with increases of 59,020.96%, 15,808.35%, and 959.13% respectively, indicating strong institutional confidence in their fundamentals [2] - Conversely, 48 stocks experienced reductions in fund holdings, with notable decreases for Nuocheng Jianhua-U, Kaiter Co., and Keda Li, with reductions of 43.91%, 41.04%, and 39.95% respectively [2] - Three new stocks entered the heavy holding category, with Baiao Saitu, Litong Technology, and Xingtou Measurement Control having fund holding ratios of 21.55%, 12.60%, and 10.03% respectively [2] Group 2: Institutional Investment Trends - The phenomenon of institutional clustering remains significant, with over 100 funds holding 42 of the 107 stocks, and 29 stocks held by 50 to 99 funds, indicating a strong consensus among institutional investors [4] - Notably, Ningde Times, despite a holding ratio of 11.63%, has the highest number of fund holders at 2,056, followed by Zhongji Xuchuang, Zijin Mining, and Xinyi with over 1,300 fund holders each [4] - The stocks with high fund holdings are predominantly in the "hard technology" and "innovation" sectors, with 42 from the Sci-Tech Innovation Board, 27 from the Growth Enterprise Market, and 31 from the Shanghai and Shenzhen main boards, reflecting a focus on growth sectors [4] Group 3: Performance Expectations - Among the 107 stocks, 26 have released performance forecasts for 2025, with 18 expecting profit increases, 4 expecting declines, and 2 forecasting losses, indicating a generally positive outlook [5] - The highest expected profit growth is for Baiwei Storage at 473.71%, followed by Changxin Bochuang and Baiao Saitu with expected growths of 378.70% and 303.57% respectively, providing strong support for long-term fund holdings [5] - The concentration of fund holdings in the electronics and biopharmaceutical sectors suggests an increased market expectation for technological innovation and consumer recovery [5]

【环球网科技报道 记者 林梦雪】"作为人工智能领域的前沿热点，具身智能在CES之后热度持续攀升，其核心要义在于将智能能力 与实体设备深度融合，通过感知-决策-执行-反馈的完整闭环，实现对物理世界的主动改造。"近日，英特尔研究院副总裁、英特尔 中国研究院院长宋继强系统解读了具身智能技术的最新进展、核心挑战与产业落地路径。 硬件产品方面，英特尔最新发布的第三代酷睿Ultra For Edge处理器成为关键支撑。该产品专为工业级应用与物理AI设计，具备180 TOPS的AI算力，采用Intel 18A制程工艺，在能效比上实现显著提升。其核心优势在于工业级可靠性，包括宽温工作范围、10年稳 定供货周期，以及针对机器人场景优化的高实时性与确定性。配合英特尔机器人AI套件与具身智能SDK，形成从硬件到软件的完 整解决方案——前者提供模块化的参考设计与优化软件包，支持传统视觉模型与大模型（含VLA）的高效运行；后者新增LLM任 务规划、EtherCAT实时通信等关键能力，复用英特尔在工业机器人领域的成熟技术积累，大幅降低厂商开发成本。 据他解释，具身智能的核心特征在于物理闭环与主动交互，区别于单纯的信息处理类AI应用。无论 ...

Core Viewpoint - Miaokelando (600882.SH) has undergone significant personnel changes, marking a transition from founder-led management to a professional management team under the control of its major shareholder, Mengniu [1][3]. Group 1: Management Changes - Founder Chai Xiu has been removed from his positions as vice chairman, general manager, and legal representative, with the CFO Kuai Yulong taking over [1]. - The removal of Chai Xiu was triggered by overdue guarantee debts from an external acquisition fund linked to him, with Mengniu being the creditor [3]. Group 2: Financial Impact - The overdue debts are expected to reduce Miaokelando's net profit for 2025 by approximately 119 million to 127 million yuan [3]. - Despite previous commitments from Chai Xiu to cover losses, his failure to fulfill this promise accelerated Mengniu's takeover [3]. Group 3: Historical Context - Miaokelando experienced a successful period under Chai Xiu, with a revenue compound annual growth rate exceeding 50% from 2018 to 2021, and a market valuation that once surpassed 30 billion yuan [4][5]. - The company faced regulatory warnings in 2019 for providing funds to related parties, highlighting risks associated with high leverage and aggressive capital operations [5]. Group 4: Current Business Situation - As of the first three quarters of 2025, Miaokelando reported revenues of 3.957 billion yuan, a year-on-year increase of 10.09%, and a net profit of 176 million yuan, up 106.88% [5]. - The core cheese business generated 1.166 billion yuan in revenue in the third quarter, reflecting a 22% year-on-year growth [5]. Group 5: Strategic Transition - The company is in a critical business transformation phase, facing intense competition from traditional rivals and new market entrants [5]. - Management is focusing on product diversification, channel expansion, and operational efficiency, aiming to develop new growth avenues while maintaining profitability [5]. Group 6: Future Challenges - The transition in management is seen as a necessary step for the integration of industrial capital and the establishment of a more standardized governance structure [6]. - The key challenge for Miaokelando will be to leverage Mengniu's advantages to transition from a single cheese brand to a comprehensive nutrition platform for families [6].

Core Viewpoint - The home furnishing industry is transitioning from the "functional era" to the "emotional era," driven by consumption upgrades and aesthetic awakenings [1][3]. Group 1: Brand Renewal and Strategy - The theme of the brand renewal event was "Over Ten Thousand Realms, Witness New Realms," emphasizing the company's commitment to originality and differentiation through upgrades in brand, product, service, and scene [3]. - The chairman of the company, Ma Libin, highlighted the importance of teamwork and trust in overcoming market challenges, outlining a development blueprint for 2026 focused on maintaining a mid-to-high-end brand positioning and deepening collaborations with renowned designers and institutions [4][6]. - The company aims to enhance market support through customized sales models and close collaboration with distributors to explore new market opportunities [4]. Group 2: Industry Trends and Insights - The director of the Shenzhen Furniture Research and Development Institute, Xu Boming, indicated that the home furnishing industry will undergo a fundamental logic reconstruction over the next 5-10 years, shifting from product functionality to providing comprehensive lifestyle solutions [8]. - The emphasis will be on "big design" that integrates space, scenes, and lifestyles, which will become a key competitive barrier for companies [8]. Group 3: Product Innovation and Design - The company's vice president, Hu Zhankun, presented a strategic blueprint focusing on "dual-wheel drive + internal cultivation," aiming to deepen the mid-to-high-end transformation and accelerate the layout of lifestyle segments [10]. - The launch of the "Fenghua" series, inspired by the ginkgo leaf, aims to create a high-recognition "home's artistic space" that combines retro charm with modern aesthetics [14]. - The "Weaving Realm" product series, developed in collaboration with designer Huang Quan, merges Eastern aesthetics with modern design language, creating a poetic living space that embodies cultural and emotional resonance [21]. Group 4: Industry Dialogue and Collaboration - A roundtable forum gathered representatives from various sectors to discuss the brand renewal's impact on the industry, emphasizing the need for a sustainable experience loop that integrates product, service, and scene [23][25]. - The dialogue focused on value reconstruction, aesthetic narrative, and ecological collaboration, providing multidimensional insights into the future development of the industry [25].

据报道，当地时间24日上午，37岁的美国白人男性亚历克斯·杰弗里·普雷蒂被联邦执法人员枪杀。根据美国国土安全部的说法，普雷蒂持有9毫米半自动手 枪"靠近"联邦执法人员，涉事执法人员的开枪行为属于正当防卫。 然而，随着大量现场视频在社交媒体上传播，国土安全部的说法迅速遭到质疑。美国有线电视新闻网等美媒报道称，现场视频显示，执法人员将其按倒前， 他手里拿的是手机，而不是枪械。此外，美媒分析称，根据视频，执法人员在开枪前已经解除了普雷蒂的武装。明尼阿波利斯警察局也证实，普雷蒂持有合 法的持枪许可证。 【环球网报道】据美国Axios新闻网1月25日报道，针对联邦执法人员在明尼阿波利斯市枪杀一名据称携带枪械男子的事件，美国全国步枪协会等团体对特朗 普政府的说法予以反驳，他们表示，联邦政府方面声称该男子携带枪械可以构成执法人员正当使用致命武力理由的说法不成立。 对于这起事件，美国国土安全部在社交媒体上连发多条帖文强调普雷蒂持枪，国土安全部部长诺姆在记者会上展示了普雷蒂所持枪械的照片。联邦调查局局 长卡什·帕特尔在接受采访时说，"任何和平示威者都不会携带满弹匣的枪支参加抗议活动。" 特朗普的盟友、洛杉矶首席联邦检察官比尔· ...

Core Viewpoint - Migu Digital Media Co., Ltd. has officially upgraded its core digital reading product from "Migu Reading" to "Migu Yuekan," introducing a new slogan "Yuekan Yue Haokan" [1][8]. Group 1: Product Development and Features - Migu Yuekan focuses on a new positioning that integrates "online literature + short dramas," actively exploring AI applications in the reading field to provide immersive digital reading content services [2]. - The platform has accumulated over 600,000 high-quality copyrighted books, covering various content types including political classics, published books, original novels, and popular film and television adaptations [10]. - Migu Yuekan offers multiple advantages such as intelligent recommendations based on big data analysis, personalized formatting, and smart voice reading features, enhancing the user experience [10]. Group 2: Historical Development - Migu Digital Media was established on April 20, 2015, evolving from China Mobile's mobile reading base initiated in early 2009 [2]. - The mobile reading business underwent several name changes, including "He Reading" in December 2013 and "Migu Reading" in October 2015 [3]. - The brand has hosted multiple digital reading conferences, significantly enhancing its influence in the digital reading industry [6][10]. Group 3: Achievements and Recognition - Migu Yuekan has received numerous awards, including being recognized as an advanced publishing unit and a model base for cultural industries [11][12]. - The platform's works have been acknowledged in various categories, such as the "Excellent Network Audiovisual Works" by the National Radio and Television Administration [11][12]. - Future plans include continuing innovation and optimization of products and services to enhance the digital reading experience for users [12].