经济观察报记者 钱玉娟 海淀区中航广场15层，是中国AR（增强现实）眼镜创新企业XREAL在北京的办公区。走进其中，"沙 丘""拉普达""油屋"……这些来自电影、动漫或游戏里的名字，出现在会议室的门上。 7月30日，"绿洲"会议室里坐满了人，来自科技巨头Google的技术专家团队飞抵北京，与XREAL的工程 师们围坐一桌。 这并非两家公司技术大牛首次面对面交流。在过去半年，XREAL联合创始人兼AI和算法负责人吴克艰 会顶着时差，与Google的软件、硬件等工程部门展开远程讨论、资源拉通。他也亲自带队到Google总 部，让两个团队能进行深层次、高密度的沟通，以便更好地联合开发AR眼镜ProjectAura。 美东时间5月21日，Google在一年一度的 I/O开发者大会上官宣了ProjectAura——全球首个搭载An－ droidXR（指扩展现实，是AR、VR、MR等沉浸式技术的统称）系统的AR终端，它将会在明年一季度 面市发售。 AndroidXR是Google为XR设备在AI大模型时代打造的系统平台，Google先是为了对标苹果VisionPro头 显，宣布与三星电子合作开发首款搭载上述系统的头戴设备 ...

Core Insights - Baidu leads the domestic AI search industry with 322 million monthly active users, as reported by QuestMobile [2] - The company announced a significant upgrade to its search intelligence framework, integrating multi-modal tools like AI writing and problem-solving capabilities [2][3] - The shift in product presentation, featuring younger product managers, reflects a broader organizational restructuring aimed at enhancing transparency and user engagement [2][4][7] Product Development and Communication - Baidu's recent product launch emphasized a new communication approach, where product managers articulate the logic behind AI-generated content directly to users [4][5] - The team focused on three main narrative pillars: the logic of generated search, fact-checking mechanisms, and AI tool integration capabilities [5] - A collaborative environment was fostered, allowing for user feedback to be incorporated into product iterations, moving away from a closed development model [6] Industry Trends - Other tech companies like ByteDance and Alibaba are also shifting towards younger representatives for AI product presentations, indicating a trend in the industry [3][8] - The communication styles of various companies differ, with some emphasizing technical details while others focus on strategic narratives [8][10] - The choice of spokespersons reflects deeper organizational values regarding transparency, power distribution, and user relationships in the AI product landscape [11]

Group 1 - Domestic refined oil price adjustment is expected to remain unchanged for the fourth time this year, with a total of fifteen adjustments so far, resulting in a decrease of 225 yuan per ton for gasoline and 215 yuan per ton for diesel compared to the end of last year [1] - A total of 6 companies will have their restricted shares unlocked today, with a combined unlock volume of 1.45 billion shares, amounting to a market value of 195.817 billion yuan [2] - 15 companies have disclosed stock repurchase progress, with two companies announcing new repurchase plans and three companies having their plans approved by shareholders [3] Group 2 - The central bank has a 7-day reverse repurchase operation of 160.7 billion yuan maturing today, with an operation rate of 1.40% [4] - Upcoming economic data releases include the US July CPI and the Eurozone August economic sentiment index [5]

Core Viewpoint - The controversy surrounding the chairman of Baiguoyuan's comments on consumer education and pricing strategies has sparked significant public discussion, highlighting the company's commitment to quality over low prices [1][2]. Group 1: Company Statements and Strategies - Chairman Yu Huiyong emphasized that Baiguoyuan aims to educate consumers rather than simply catering to their price sensitivity, stating that the company has been on a path to mature consumer understanding [1]. - The company is focused on maintaining product quality and is not willing to compromise on this aspect, even if it means higher prices, as they believe that good quality fruits are in short supply [4]. - Baiguoyuan plans to continue optimizing costs to provide better pricing for customers without sacrificing quality [4]. Group 2: Financial Performance - For the fiscal year 2024, Baiguoyuan reported a revenue of 10.273 billion yuan, a decrease of 9.8% year-on-year, primarily due to a reduction in store numbers [5]. - The total number of stores decreased from 6,093 in 2023 to 5,127 in 2024, resulting in a net closure of 966 stores, a decline of 15.9% [5]. - The company's gross profit fell to 764 million yuan, a significant drop of 41.9%, with the gross margin decreasing from 11.5% in 2023 to 7.4% in 2024 [5]. - Baiguoyuan experienced a net loss of 386 million yuan in 2024, marking a 206.7% decline year-on-year, which is the first annual loss since its IPO in 2020 [5]. - As of the end of 2024, Baiguoyuan held cash and cash equivalents of 2.34 billion yuan, indicating manageable short-term debt pressure [5]. Group 3: Market Performance - Since its IPO on January 16, 2023, Baiguoyuan's stock price has plummeted from a peak of 6.98 HKD per share to 1.74 HKD per share, representing a 75% decrease in market value [6]. - The current market capitalization of Baiguoyuan is approximately 2.7 billion HKD [6].

Core Viewpoint - The exhibition "Liuli Light and Color" at the National Museum of China highlights the cultural significance of Zibo Liuli, elevating it from a local intangible heritage to a national cultural symbol, showcasing its artistic value and contemporary innovation [1][2]. Group 1: Exhibition Overview - The exhibition represents a significant cultural recognition for Zibo Liuli, indicating its transition from a regional craft to a symbol of Chinese traditional craftsmanship and contemporary innovation [1]. - The showcased works reflect the artistic journey and challenges faced by the artists, emphasizing the depth of skill and patience required in the creation of each piece [1]. Group 2: Focus on Key Works - The exhibition features notable works such as the "Liuli Phoenix Crown" and "Butterfly Spirit Snake Crown," created by young artists born in the 2000s and 1990s, respectively, showcasing a clear generational shift in craftsmanship [2]. - The "Liuli Phoenix Crown," inspired by a Ming Dynasty artifact, involved the meticulous crafting of 4,800 glass pearls, demonstrating the technical challenges and innovative approaches taken by the young artist Sun Qiye [3]. - The "Butterfly Spirit Snake Crown" by Liu Yuan embodies a personal artistic expression, merging themes of beauty, fragility, and danger, reflecting a deeper exploration of nature's dualities [4]. Group 3: Artistic Exploration - The work "Eternity" by Liu Yuan delves into the philosophical exploration of beauty and fragility, questioning the nature of true eternity within the context of ephemeral life [6]. - Wang Kaibing's "Monet's Garden" represents a cross-cultural dialogue between Eastern Liuli art and Western Impressionism, showcasing the adaptability and global perspective of contemporary Zibo Liuli artists [6]. Group 4: Conclusion and Future Outlook - The exhibition illustrates the continuous evolution of Zibo Liuli, emphasizing its living tradition that thrives on innovation while respecting its historical roots [7]. - The courage and creativity of young artisans signify a promising future for traditional crafts, ensuring the enduring legacy of Chinese culture [7].

Core Concept - The core idea of the new campaign "Come and Say G'day" is to evoke emotional connections rather than merely promoting tourism, focusing on creating lifelong travel memories for Chinese tourists [2][8]. Campaign Overview - The campaign features the Australian tourism ambassador, kangaroo Ruby, encouraging tourists to start their journey with a friendly "G'day" [1]. - It aims to present Australia's unique lifestyle to Chinese consumers through customized promotional content, including short films and interactive experiences [1][3]. Market Insights - Australia expects to welcome 8.3 million international tourists in 2024, a 15% increase from 2023, with total tourism spending reaching AUD 48.9 billion, a 13% year-on-year growth [2]. - Chinese tourists show a significantly higher intention to revisit Australia after their trips, indicating strong emotional brand equity [2][3]. Localization Strategy - The campaign targets the Chinese market due to its curious and expressive travelers who value meaningful experiences [3]. - The collaboration with Chinese artist Yu Shi marks the first time an Australian tourism campaign has featured a Chinese celebrity, enhancing local engagement [3][7]. Content Creation and Distribution - The marketing strategy has shifted from traditional advertising to a content ecosystem approach, creating multiple versions of promotional materials tailored for platforms like Douyin and Xiaohongshu [5]. - The campaign includes immersive advertising experiences in Shanghai's subway stations to enhance brand recognition [5][6]. Experience and Engagement - An open experience space in Shanghai showcases Australia's relaxed lifestyle through various interactive exhibits, including travel memories and cultural experiences [6]. - The campaign emphasizes emotional connections and long-lasting memories rather than just promoting destinations [9]. Brand Philosophy - The Australian tourism board aims to represent Australia authentically while respecting local cultures and creating emotional resonance with consumers [6][8]. - The focus is on transforming travel from a mere consumption decision to a form of lifestyle expression, reflecting a broader industry shift towards long-term emotional engagement [9].

Group 1 - The article explores the cultural and historical significance of Helsinki, highlighting its architectural landmarks and their stories [2][3][4] - The Helsinki Cathedral, known as the "White Church," is a prominent symbol of the city, built in the 19th century and associated with significant historical events [2][3] - The Uspenski Cathedral, referred to as the "Red Church," showcases Eastern Orthodox architecture and is a testament to Finland's imperial history [3][4] Group 2 - Helsinki University is described as a "thought furnace" without walls, emphasizing its open access to knowledge and public engagement [5][6] - The university's library houses 2.7 million volumes, including rare manuscripts, reflecting its rich academic heritage [6] - The modern library integrates technology with traditional scholarship, showcasing advancements in education and research [6] Group 3 - The article details the historical significance of the Suomenlinna sea fortress, built in the 18th century for defense against Russia, featuring a 7.5 km granite wall [7] - The fortress has been repurposed and is now a cultural site, with stories of bravery and resilience embedded in its history [7] - The site includes a museum that highlights the intersection of history and art, showcasing the creativity of prisoners in the 19th century [7] Group 4 - The Sibelius Monument in Sibelius Park consists of over 600 stainless steel pipes, symbolizing the composer’s legacy and connection to nature [8] - The monument produces natural sounds when the wind passes through, creating an auditory experience that reflects the essence of Sibelius's music [8] - The article emphasizes the cultural importance of Sibelius in Finnish identity and the artistic expression found in his works [8] Group 5 - The article describes a rural farm that embodies traditional Finnish practices, highlighting the connection between agriculture and history [9][10] - The farm's owner shares insights into the significance of local produce and the cultural practices surrounding food in Finland [9] - The sauna is portrayed as a central aspect of Finnish life, symbolizing birth and death, and reflecting the deep cultural roots of the community [10]

Core Insights - The Dongfeng Fengxing Xinghai S7 has emerged as a standout performer in the new energy vehicle market, achieving a remarkable year-on-year sales growth of 358%, transforming the market dynamics for mid-to-large electric sedans [2] - The vehicle's success is attributed to its focus on practical features that address the needs of young and family users, rather than just technical specifications [2] Performance and Technology - The Xinghai S7 boasts the lowest drag coefficient of any mass-produced vehicle globally at 0.191Cd, contributing to an impressive electric range of 650 km, which translates to a cost of just 0.07 CNY per kilometer in urban conditions [3] - The vehicle's energy efficiency is highlighted by its consumption of only 11.9 kWh per 100 km, significantly lower than competitors like the Deep Blue SL03, which consumes 14.5 kWh [3] - The range-extended version features an advanced in-cylinder direct injection system, achieving a thermal efficiency of 43.5% and reducing fuel consumption to 4.89 L per 100 km, outperforming mainstream plug-in hybrids [3] Space and Usability - The Xinghai S7 offers exceptional storage capabilities, with a trunk volume of 513 liters and innovative storage solutions, including a 115L hidden compartment [4] - The rear seats can be transformed into a flat bed in just 10 seconds, enhancing the vehicle's appeal for family outings and camping [5] Driving Experience - The vehicle's handling is enhanced by a unique suspension system derived from Lamborghini technology, improving cornering stability by 42% and providing a comfortable ride [6] - The Xinghai S7 has demonstrated superior performance in tests, achieving a moose test speed of 81.9 km/h, surpassing competitors like the Model Y [6] Safety Features - The vehicle is constructed with 75% ultra-high-strength steel, ensuring robust safety performance, as evidenced by real-world crash test results [6] - The battery system is designed to withstand extreme conditions, with a puncture resistance exceeding industry standards and a high level of waterproofing [6] Customer Engagement and Brand Loyalty - The Xinghai S7 offers a "lifetime contract" for first owners, providing ongoing maintenance and OTA upgrades for 81.8% of its components, fostering a strong sense of belonging among users [9] - The vehicle's innovative features, such as a 3.3 kW external power supply, allow it to serve as a zero-carbon base for outdoor activities, enhancing its appeal to environmentally conscious consumers [9] Market Positioning - The Xinghai S7 represents a shift in the new energy vehicle market, focusing on user-centric design and practical features rather than just technical specifications, positioning it as a potential market disruptor [10] - The vehicle's affordability and functionality challenge traditional perceptions of electric vehicles, aiming to make them more accessible and practical for everyday use [10]

Core Viewpoint - Shuangdeng Group Co., Ltd. is set to officially list on the Hong Kong stock market, with joint sponsors including CICC, Huatai International, and Jianyin International [1] Group 1: Company Overview - Shuangdeng Group, based in Jiangyan District, Taizhou, is a leading enterprise in big data communication storage batteries, having established itself since 2011 [2] - The company has successfully transformed its brand and expanded into data center storage and power storage sectors under the leadership of Chairman Yang Rui [2] - Shuangdeng is recognized as a national manufacturing champion and a "little giant" enterprise, with a projected global market share of 11.1% in communication and data center storage battery shipments by 2024, an increase of 0.7 percentage points from 2023 [2] Group 2: Market Position and Growth - The company has established partnerships with five of the top ten global telecom operators and equipment manufacturers, and serves 80% of China's top ten self-owned data center companies [2] - Shuangdeng has accelerated its global expansion, with new factories in Malaysia and successful projects in Cambodia, Mongolia, and Guinea [3] Group 3: Data Center Storage Business - The data center storage battery market is experiencing rapid growth, driven by the increasing demand for AI and cloud computing, with global data center electricity consumption expected to reach 945 TWh by 2030 [4] - Shuangdeng has positioned itself as a leader in this sector, achieving a market share of 16.1% in global data center storage battery shipments by 2024 [4] Group 4: Financial Performance - Revenue from data center storage increased nearly 120% from RMB 397 million for the five months ending May 31, 2024, to RMB 872 million for the five months ending May 31, 2025, making it a core revenue pillar [5] - Total revenue rose from RMB 13.94 billion for the five months ending May 31, 2024, to RMB 18.67 billion for the five months ending May 31, 2025, reflecting a significant growth trajectory [5] - The company's total revenue for 2022, 2023, and 2024 was RMB 40.72 billion, RMB 42.60 billion, and RMB 44.99 billion, respectively, with a growth rate accelerating to nearly 34% [5]

（原标题：伟伟道来｜ 特朗普有筹码，普京有选择，泽连斯基别无选择） 8月15日，美国总统特朗普与俄罗斯总统普京将在美国阿拉斯加举行会谈。 第一，从战略层面分析。 2022年2月24日新一轮俄乌冲突爆发后，普京一直在为俄欧关系、俄美关系的缓和与重启留有余地和后 手。这是战略层级的设计和安排。与之形成鲜明对比的是，欧盟国家和拜登政府自冲突开始，就以打败 俄罗斯为目标，并把与俄罗斯势不两立、压制俄罗斯作为长期战略。 特朗普2.0的到来，开启了一段俄美关系缓和、重启的窗口期。如果美国下一届大选共和党不能连任， 这个窗口期就稍纵即逝了。即使共和党连任了，但如果总统不是特朗普而是其他人（比如万斯），这个 窗口期对于俄罗斯而言，其价值大概率也会打折扣。 普京有必要抓住这个战略机遇。 第二，从冲突背景看。 这是俄乌冲突进程中的重大事件。 将乌克兰（包括其总统泽连斯基）和欧盟（包括欧盟各国领导人）撇在一边，单独和俄罗斯媾和，谈得 差不多了再视情况决定谁上桌，这是特朗普一贯的风格。被冷落的乌克兰和欧盟站在国际法和道德的制 高点上高分贝地表明观点、委婉地表达不满，这是一种不得不为的反应。 至于对美、俄总统会谈成果的预判，全球舆论众 ...