Core Insights - The AITO M9, co-developed by Seres and Huawei, has surpassed industry expectations, becoming a phenomenon in the luxury electric vehicle market with over 260,000 units delivered in 21 months [2][3] - The average transaction price of the AITO M9 is approximately 5.5 million yuan, contributing over 140 billion yuan to sales, which is about 1/13 of the projected retail total for China's new energy vehicle market in 2024 [2][3] Group 1: Product Performance - The AITO M9 has set a record for delivery speed in its class and has been the best-selling luxury SUV priced above 500,000 yuan for ten consecutive months [2] - The vehicle's Net Promoter Score (NPS) is 85.2, ranking first among new energy vehicles, with 38% of new owners coming from referrals by existing customers [2][3] Group 2: Technological Advantages - The AITO M9 features advanced technologies such as the QianKun Intelligent Driving ADS 4 system and the HarmonyOS 4 smart cockpit, enhancing user experience and comfort [3] - The vehicle offers impressive performance metrics, including a range of over 1,400 km for the extended range version and a 0-100 km/h acceleration time of just 4.3 seconds for the pure electric version [3] Group 3: Financial Performance - In 2024, Seres is projected to achieve total revenue of 145.176 billion yuan, with the AITO M9 contributing approximately 75 billion yuan, accounting for 51.7% of total revenue [4] - For the first three quarters of 2025, Seres reported revenue of 110.534 billion yuan and a net profit of 5.312 billion yuan, reflecting a year-on-year growth of 31.56% [4] Group 4: Market Recognition and Capital Attraction - The successful performance of the AITO M9 has significantly enhanced Seres' brand value, leading to a rise in its ranking among China's top 500 enterprises [4] - On November 5, Seres officially listed on the Hong Kong Stock Exchange, raising 14.016 billion HKD, marking it as the largest IPO for a car company in 2025 [5] Group 5: Global Expansion - Seres is focusing on global expansion, targeting markets in the Middle East and Europe, with the AITO M9 helping to reshape perceptions of Chinese automobiles abroad [5][6] - The company aims to transition from a leader in the Chinese high-end new energy market to a global leader in smart vehicles [6]

Core Insights - Hello Bike officially announced a collaboration with Luckin Coffee, launching a themed custom bicycle and the "Drink Luckin, Ride Hello for Free" campaign to enhance the commuting experience for workers [1] Group 1: Collaboration Details - The custom bicycle features the Luckin Coffee mascot, Lucky, prominently displayed on the wheels, making it a noticeable presence on the streets [1] - A specially designed cup holder has been added to the handlebars of the bike, addressing the inconvenience of carrying coffee while cycling, ensuring that drinks remain secure and spill-free [1] Group 2: Launch and Availability - The custom bicycles are being deployed in Shanghai and Guangzhou, allowing users to scan a code on the Hello app to ride and order from Luckin Coffee, with opportunities for free rides [1]

Core Insights - The article discusses the challenges and opportunities faced by ancient towns in the Yangtze River Delta, emphasizing the need for clear brand design and effective operational strategies for transformation [1][14]. Group 1: Challenges - Homogenization of ancient towns has led to a loss of unique characteristics, making it difficult for them to stand out in a competitive market [2][10]. - Increased market competition has resulted in price wars and reduced profit margins, affecting the sustainability of tourism resources [11]. - The evolving demands of tourists for personalized and diverse experiences have not been adequately met by many ancient towns, further weakening their market position [11]. Group 2: Opportunities - The application for UNESCO World Heritage status presents a significant opportunity for ancient towns to enhance their cultural value and attract more visitors [13][14]. - Successful examples of differentiation strategies, such as night tourism in Xitang and unique culinary offerings in Cicheng, provide a roadmap for other towns to follow [15][34]. Group 3: Transformation Strategies - The transformation of ancient towns requires a dual focus on brand design and operational execution, with an emphasis on unique positioning and cultural heritage [3][39]. - The integration of digital economy elements and innovative projects can help ancient towns attract new demographics and enhance their appeal [38][56]. - A comprehensive approach involving collaboration among various brand types (industry, city, park, and enterprise) is essential for successful transformation [46]. Group 4: Case Studies - Xitang's night tourism combines traditional elements with modern leisure activities, significantly increasing visitor engagement and spending [16][18]. - Cicheng's focus on its unique rice cake has created a strong local brand and boosted the economy through a full industry chain [20][21]. - The Wuzhen Theatre Festival merges professional arts with local culture, enhancing the town's international profile and economic benefits [24][25]. Group 5: Future Directions - Other ancient towns should learn from successful differentiation strategies and adapt them to their unique characteristics to foster sustainable tourism development [35][56]. - The implementation of a structured brand design and operational strategy framework can guide towns in navigating the complexities of transformation [36][56].

（原标题：心理学有个词叫：皮肤饥饿（长期缺乏"爱的触觉"，心理能量也会慢慢流失）） 你还记得最近一次被拥抱是什么时候吗？ 心理治疗师萨提亚曾说过： "人每天需要四个拥抱才能生存，需要八个拥抱让我们精力充沛，需要十二个拥抱才能成长"。 我们对带有爱意的触觉渴望，可能比你想象的还重要。 心理学家发现，一个人如果触觉需求长期得不到满足时，"皮肤饥饿"就会出现。 它不是指皮肤真的"饿"了，而是一种心理层面的匮乏感。 你会越发觉得孤独，情绪变得敏感，容易愤怒，睡眠质量也会下降，甚至会排斥人际关系。 长期缺乏触觉滋养的人，就像植物缺少水分一样，心理能量也会慢慢流失。 二、案例故事 有部电影叫《温暖的抱抱》，不知道你看过吗？ 电影里男主鲍抱的父母，有非常严重的洁癖和强迫症，他们对细菌很恐惧，夫妻之间从不拥抱、接吻。 对待亲生儿子鲍抱，也始终拒绝任何身体接触，还总对鲍抱强调 "人的皮肤表面有很多细菌"。 他们在生活中对待卫生极其严苛，衣物、手套和帽子，全部要消毒才能穿戴，晚上睡觉也要分开。 一、什么是皮肤饥饿 "皮肤饥饿"，最早是由美国心理学家哈里·哈洛提出的。他做了一个著名的"恒河猴实验"。 实验里，幼猴宁愿紧紧抱着没有乳 ...

（原标题：从厌学到复学｜24 孩子重返学习的多元路径） 一种情况是孩子面临毕业班冲刺，但学校环境让孩子彻底崩溃。 比如，孩子因长期失眠，焦虑，课堂上根本听不进去，但基础尚可，家长可以找经验丰富的老师一对一 补漏 ，针对性突破中考、高考核心考点，比如数学压轴题、英语作文模板，同时配合心理疏导缓解压 力。 我们这里要注意的是，"一对一"不是"换个地方刷题"，而是要调整目标，比如从"冲重点高中"改为"保 底普高"，减少孩子的"必须赢"压力。 还有一种情况是，本来就有有明确留学意向，且孩子对国际教育模式更适应。 作为心理咨询师，陪伴过各年龄段厌学的孩子重返校园。今天想和家长们聊一个很多家长都问过的关键 问题，"回归学校教育"是厌学孩子唯一的出路吗？如果不是，我们还能有哪些选择？ 我们专栏前面的章节说过，厌学的孩子中，只有极少数是真的"厌恶学习本身"，绝大多数厌学的背后， 是 情绪困扰（焦虑/抑郁）、人际关系创伤（被霸凌/孤立）、家庭压力（过高期待）、自我价值感崩塌 （"我再努力也没用"） 等复杂问题的综合结果。 所以，第一步永远是先通过心理咨询或家庭沟通，帮孩子梳理"我到底为什么不想上学"，是怕老师？讨 厌同学？学不 ...

Core Viewpoint - The "Bank + Insurance + Futures" model is emerging as a new breakthrough for banks to increase credit support for agriculture, addressing the financial challenges faced by farmers in crop production and sales [2][3][10]. Group 1: Project Overview - The "Yinqi Bao" crop insurance project was launched by the Dalian Commodity Exchange in 2023 to meet the diverse needs of large-scale grain producers, providing income insurance and enhanced credit support [1][3]. - As of now, 22 such projects have been established, providing loans totaling 91 million yuan to 55 cooperatives [1]. Group 2: Benefits for Farmers - Farmers participating in the "Yinqi Bao" project can secure higher loan amounts, with one farmer reporting an increase from 500,000 yuan to over 1 million yuan, allowing for expansion of planting areas and potential income increases of at least 100,000 yuan [4][5]. - The project includes a secondary pricing mechanism, allowing farmers to adjust selling prices based on market conditions, thus enhancing their income potential [5]. Group 3: Challenges and Solutions - The promotion of the "Bank + Insurance + Futures" model faces challenges such as the need for increased government subsidies for insurance premiums, improved data integration for loan efficiency, and the provision of personalized financial services for different farmers [2][6][9]. - Banks are collaborating with agricultural enterprises to streamline loan repayment processes and reduce the risk of overdue payments by directly transferring sales proceeds to loan accounts [7][8]. Group 4: Government and Institutional Support - The government has been providing subsidies for insurance premiums, with reports indicating that up to 85% of the premiums for certain projects are covered by government and institutional support [11][12]. - Financial institutions are working with regulatory bodies to optimize the development mechanism of the "Bank + Insurance + Futures" model, aiming to lower overall costs and expand its reach [12].

（原标题：这些远被低估的抗抑郁运动，1周哪怕做一次，对身体的好处都远超想象） 运动，对我们每一个人来说都太重要了。 尤其是在今天这样的高压环境中，我们面对的困难越来越多，这时候我们脑中的杏仁核会不断分泌压力 激素，让人感到紧张、压抑。 但通过运动，可以抵抗杏仁核的过度反应，从而缓解情绪，提升愉悦度，治愈生活。 而今天，也分享给你几个被低估的抗抑郁运动方式。 一、跳舞 2024年《英国医学杂志》上一项关于"运动和抑郁症关系的实验"发现：运动对于抑郁可以起到很好的治 疗效果。而抗抑郁效果最好的运动第一名竟然是舞蹈。 为什么舞蹈能在众多运动中，排在第一名呢？ 2008年发表于《科学美国人》杂志的一篇研究中，作者提到，跳舞时，音乐与肢体动作同步进行，构成 了一种"双重愉悦体验"。音乐能够激发大脑的奖赏中枢，而舞蹈则会激活大脑的感觉和运动回路。刺激 大脑分泌内啡肽和多巴胺，带来愉悦感和满足感，缓解抑郁情绪。 此外，跳舞运动中对心肺功能、血液循环和新陈代谢的积极影响，也可以间接促进心理健康。 二、打羽毛球 人如果持续处于被动享受状态，例如刷视频等，只能带来感官和情绪上的愉悦，事后又让我们处于焦虑 的情绪当中。 因为快感容 ...

Group 1: Land Resource Management in Shandong - Shandong Province aims to reduce the total amount of newly constructed land by over 10% during the "15th Five-Year Plan" compared to the "14th Five-Year Plan" [1] - The implementation plan includes six main areas and eighteen specific measures to enhance land resource efficiency and support green, low-carbon, and high-quality development [1] - By 2030, the plan seeks to significantly enhance the industrial and population carrying capacity in economically advantageous areas while improving food, ecological, and energy security functions in other regions [1] Group 2: International Trade and Investment Conference - The 2025 Shandong International Trade and Investment Advisory Conference was held in Jinan, focusing on promoting green, low-carbon, and high-quality development [2] - International advisors from over ten countries provided 18 suggestion reports covering key areas such as green low-carbon initiatives, biomedicine, digital economy, and cross-border trade cooperation [2] - The conference aims to help Shandong build a more resilient and competitive open economy system during the "15th Five-Year Plan" [2] Group 3: Aerospace Manufacturing Innovation Conference - The 2025 Aerospace Equipment Intelligent Manufacturing Innovation Development Conference took place in Yantai, attracting over 350 participants to discuss future paths for the aerospace industry [4] - Cooperation agreements were signed between the Yantai Intelligent Manufacturing Technology and Equipment Innovation Center and seven other organizations to enhance core technology development and talent cultivation [4] - The event included discussions on precision manufacturing processes, smart equipment applications, and collaborative innovation within the industry [4] Group 4: Energy Infrastructure Development - The "Long Electric into Shandong" project, including a 330 kV renewable energy transmission line, has been fully operational, meeting the energy needs of 4.5 million kilowatts in the Baiyin area [6] - The project is expected to deliver approximately 11 billion kilowatt-hours of renewable energy annually to Shandong, saving 3.5 million tons of standard coal and reducing carbon dioxide emissions by 9 million tons [6] - This initiative creates a complete energy industry chain, optimizing resource allocation and ensuring energy security [6]

Core Viewpoint - The "Bank + Insurance + Futures" model is emerging as a new breakthrough for banks to increase credit support for agriculture, addressing the challenges faced by farmers in terms of crop yield, market prices, and sales [3][7]. Group 1: Project Overview - The "Yinqi Bao" crop insurance project was launched by the Dalian Commodity Exchange in 2023 to meet the diverse needs of large-scale grain producers, providing both agricultural income insurance and enhanced credit support from banks [2][4]. - As of now, 22 such projects have been established, providing a total of 91 million yuan in loans to 55 cooperatives [2]. Group 2: Challenges and Solutions - The promotion of the "Bank + Insurance + Futures" model faces three main challenges: the need for increased government subsidies for insurance premiums, the integration of various agricultural data to improve loan efficiency, and the provision of personalized financial services for different farmers [3][12]. - Financial institutions are working with experts to encourage policymakers to include this model in official documents as a key strategy for supporting agriculture [3]. Group 3: Financial Mechanism - The "Insurance + Futures" model allows agricultural operators to purchase price or income insurance, which is then hedged in the futures market to mitigate price volatility risks [4][5]. - This model has proven effective in various regions, such as in Guangxi, where pig farmers received over 18 million yuan in insurance payouts due to price fluctuations [5]. Group 4: Impact on Farmers - Farmers participating in the "Yinqi Bao" project can significantly increase their loan limits, with one farmer reporting an increase from 500,000 yuan to over 1 million yuan, allowing for expansion of planting areas and potential income increases of at least 100,000 yuan [6][7]. - The project also includes mechanisms for guaranteed sales through contracts with leading enterprises and a secondary pricing option that allows farmers to benefit from price increases in the futures market [6][7]. Group 5: Data Integration and Customization - Banks are facing challenges in creating a closed-loop system for loans and repayments, as well as in providing customized credit solutions based on the diverse financial situations of farmers [10][12]. - Efforts are being made to integrate various agricultural data to enhance credit assessment and provide higher loan limits, with some banks offering up to 3 million yuan in credit support [12][13]. Group 6: Premium Subsidies - The cost of agricultural income insurance can be significant, with premiums accounting for 5%-6% of the insured amount, leading to financial strain on farmers [14]. - Government and financial institutions are working to increase premium subsidies to alleviate the financial burden on farmers and encourage participation in the "Bank + Insurance + Futures" model [15][17].

（原标题：大股东减持、董事长被留置、薪酬方案全否 长园科技陷入公司治理失灵？） 更值得警惕的是，长园科技治理机制正经历系统性压力测试。董事长因涉嫌职务违法被留置，临时股东 大会否决全部董事监事薪酬议案及章程修订案，监事会存废争议悬而未决。在无实际控制人背景下，长 园科技的治理真空正在放大经营与合规风险，市场将密切关注长园科技如何应对这场治理考验。 回溯事件链条，风险始于2023年至2024年。长园科技时任董事长控制的珠海市运泰利控股发展有限公司 通过第三方占用公司资金，导致2024年度内部控制审计被上会会计师事务所出具否定意见。依据《上海 证券交易所股票上市规则》，公司股票自2025年4月30日起被实施其他风险警示。尽管截至2025年9月26 日，关联方已支付资金占用利息2,158.98万元，但资金占用行为本身已暴露公司在关联交易审批、资金 调拨监督及董监高行为约束上的系统性漏洞。 长园科技声称已成立专项整改小组，修订《资金管理制度》《合并范围外关联方交易申报审批制度》， 并加强骨干人员培训。然而，中证中小投资者服务中心在11月27日的《股东质询建议函》中指出，本次 拟修订的公司章程第一百零二条、第一百零三条 ...