在石油开采与新能源技术融合的大趋势下，应用于石油开采全新场景的增程式压裂车，搭载分布式增程 器、多电机直驱动力端，可结合工况实现分布式控制，匹配智能数字化管理，达到更优的能耗。 纯电动港口轮胎起重机作为宇通新能源技术在港口场景的深度应用，以电机直驱系统替代传统驱动模 式，全作业流程零碳排放、低噪音，可支持三枪充电，1小时即可充满，为绿色港口的全天候高效运转 提供可靠保障。 新品方面，宇通重工针对狭窄、限高的地库场景，开发出8吨纯电动压缩环卫车，私家车可进入范围， 均可畅通无阻，可解决生活垃圾"最后一公里"收运难题。 行业内12吨级扫路车普遍能耗较高，用户运营压力大，宇通重工此次推出的12吨纯电动扫路车，作为行 业同吨位级首款电驱桥产品，基于风机箱体集成技术、电池的智能热管理技术和电池系统24小时监控技 术，有效降低能耗的同时，作业效果更佳，作业更安全。 针对矿山场景对"绿色、智慧、高效"的重载运输工具的迫切需要，宇通重工第三代纯电动矿卡，采用加 强型能量回收系统、三代智能热管理系统、行业首个PB级存储+亿万级高性能计算智能网联云平台，能 耗较行业节省20%以上。 适应传统桥梁检测方式效率低、安全风险大、特定复 ...

但是在实际应用中，企业往往会遇到大模型的应用短板：一、AI大模型虽然能"思考"、能生成、能规 划、能指挥，却没有"手"和"脚"，不具备使用工具和处理复杂任务的能力；二、AI大模型缺乏长期记忆 能力，每次只能处理单一任务，无法自主处理多步骤复杂流程。在周鸿祎看来，AI的未来是通过智能 体的不断变革创新，从而真正担负起更为智能化的执行工作。 事实上，此前周鸿祎在夏季达沃斯论坛上就说，当前人工智能发展已进入下半场，智能体成为主角。他 说，人工智能未来的关键发展并非完全依赖大模型自身的更新，而在于向智能体进化，智能体能够完成 对复杂任务的分解、推理以及分布式执行。 在近日举行的"正和岛2025案例共学年会暨AI+先行者创新大集"上，360集团创始人周鸿祎以AI数字人 形式带来了《智能体的发展趋势与实践路径》的主题分享。他结合时代变革，系统分析了当下AI的发 展趋势、潜在机会以及未来可能出现的商业形式。 周鸿祎认为，中国具备全球最完整的产业链与最丰富的工业场景，这为AI技术的深度应用创造了得天 独厚的条件，促使众多企业当前积极拥抱AI与大模型。 在他看来，大模型和智能体不是互相取代的关系，而是必须结合起来才能真正发挥作 ...

Core Points - The newly revised Anti-Unfair Competition Law will take effect on October 15, 2025, focusing on addressing "involution" competition and the abuse of dominant positions by large enterprises [1][2] - The law establishes a fair competition review system to ensure equal access to production factors and fair market participation for all operators [1] - Large enterprises are prohibited from using their advantages to impose unreasonable payment terms on small and medium-sized enterprises (SMEs) and are subject to penalties for violations [2] Group 1: Legislative Changes - The revised law includes provisions that prevent platform operators from forcing or indirectly forcing other operators to sell products below cost, disrupting market competition [2] - It also prohibits the use of data, algorithms, and platform rules to hinder the normal operation of other operators' products or services [2] - The law raises the level of administrative penalties to be enforced by provincial-level government supervision departments [1] Group 2: Enforcement and Compliance - Violations of the law can result in fines ranging from 1 million to 5 million yuan, depending on the severity of the offense [2] - The State Administration for Market Regulation has published a list of companies engaged in severe "involution" competition, highlighting the enforcement of the new regulations [2] - The law aims to curb practices that lead to a "low-price, low-quality" cycle in industries, encouraging a shift towards service upgrades [3]

Economic Performance - Shandong's economy has shown overall stability in the first five months of 2025, with industrial production increasing by 7.8% year-on-year, and 85.4% of the 41 industries reporting positive growth [1] - The added value of Shandong's equipment manufacturing industry grew by 13.6%, significantly higher than the overall industrial growth rate, contributing 3.3 percentage points to the province's industrial growth [1] - The service sector also experienced steady growth, with a 6.2% increase in revenue from January to April 2025, and all ten major industry categories achieving positive growth [1] Technological Innovation - The Shandong Provincial Science and Technology Conference emphasized the need for deep integration of technological and industrial innovation, aiming to enhance high-quality technological supply and promote the transformation of scientific achievements [2] - The conference highlighted the importance of building a first-class innovation ecosystem and strengthening the role of enterprises in technological innovation [2] Unicorn Companies - The 2025 Global Unicorn List revealed that Shandong has ten companies valued at over $1 billion, with GoerTek being the highest-ranked at a valuation of 20.5 billion yuan [3] - The majority of these unicorns are concentrated in Qingdao, focusing on emerging industries such as semiconductors, software services, and renewable energy [3] Inclusive Finance - Four regions in Shandong were selected as demonstration zones for inclusive finance, aimed at optimizing financing mechanisms and promoting financial product innovation to support small and micro enterprises [5] - The initiative is expected to alleviate financing difficulties for small businesses and enhance market vitality in the region [5] Youth Talent Attraction - Qingdao introduced 28 measures to attract young talent, focusing on employment, entrepreneurship, housing, and quality of life [6] - The measures include rent-free housing support for recent graduates, aimed at reducing living costs and enhancing the city's appeal to young professionals [6]

Core Points - The article discusses the historical significance and cultural heritage of the Dunhuang Mogao Caves and the Xiqian Buddha Caves, highlighting their artistic and religious importance in Buddhist culture [1][3][18] - It narrates the discovery of the Dunhuang Caves, particularly the famous Cave 17, which contained numerous ancient texts and artifacts, and the subsequent looting of these treasures by foreign explorers [3][30] - The article emphasizes the ongoing efforts to preserve these cultural relics and the importance of responsible tourism in protecting such heritage sites [39][40] Group 1: Historical Context - The discovery of the Dunhuang Caves began in 1900 when a Taoist priest, Wang Yuanlu, found Cave 17, which contained a vast collection of ancient manuscripts and religious artifacts [1][3] - The looting of these treasures started with British explorer Stein in 1907, who took over 9,000 manuscripts and 500 paintings, leading to a significant loss of cultural heritage [3][30] - The establishment of the Dunhuang Research Institute in 1949 marked a turning point in the preservation of these sites, allowing for restoration and protection efforts to be implemented [3][30] Group 2: Cultural Significance - The Xiqian Buddha Caves are an integral part of the Dunhuang cave complex, believed to have been created earlier than the Mogao Caves, showcasing a blend of artistic styles from different periods [18][21] - The caves serve as a testament to the rich history of Buddhism in the region, with various artistic representations of Buddhist stories and figures that reflect the cultural exchanges along the Silk Road [18][36] - The article highlights the unique architectural features of the caves, such as the central pillar style and the intricate wall paintings that depict various Buddhist narratives [26][27][36] Group 3: Preservation Efforts - The article discusses the measures taken to ensure the preservation of the caves, including controlled access for visitors and the installation of environmental monitoring systems to protect the artworks [30][39] - It emphasizes the role of responsible tourism in safeguarding these cultural sites, urging visitors to respect the regulations in place to prevent damage to the artifacts [39][40] - The ongoing research and restoration efforts by the Dunhuang Research Institute are crucial for maintaining the integrity of these historical sites for future generations [3][30]

（原标题：全球无形资产突破80万亿美元 证券化成"轻资产"融资新蓝海） 6月27日下午，开鑫科技董事长周治翰在2025国际债券论坛上表示，全球企业无形资产价值在2024年已 攀升至80万亿美元的历史高位，知识产权和数据资产证券化正成为盘活企业无形资产价值的关键工具。 这一金融创新手段能够有效赋能科创及数据产业升级，将无形价值"转化为推动经济发展的有形未来"。 无形资产证券化作为破解轻资产融资瓶颈的有效手段，为科创和数据产业提供了新的发展动能。 随着全球经济结构的不断调整，无形资产在企业发展中的地位日益凸显。特别是在数字经济时代，知识 产权、数据资源等无形资产已成为企业核心竞争力的重要组成部分。然而，无形资产的价值往往难以被 传统金融体系充分识别和利用，导致许多轻资产企业面临融资难题。无形资产证券化作为一种创新型金 融工具，通过将无形资产相关未来收益权进行拆分和打包，使其能够像传统资产一样在市场上流通，从 而有效解决无形资产的估值和流动性问题。这种模式不仅为无形资产持有者提供了新的融资渠道，也为 投资者提供了新的投资选择，实现了无形资产价值的最大化利用。 全球无形资产证券化市场快速扩张 周治翰在论坛上揭示的数据 ...

Core Insights - The rise of AI toys, particularly the LABUBU concept, is driving ambitions among numerous AI toy startups, leveraging lower technical and financial barriers in the industry [2][3] - A total of 27 AI toy startups in China have secured funding in 2024, with 6 companies raising over 100 million yuan, attracting investments from major firms like IDG Capital and Sequoia China [2] - The market is witnessing a split between traditional toy companies and new entrants focusing on AI integration, with established brands like Pop Mart taking a cautious approach [3][15] Industry Overview - AI toys are primarily defined as traditional toys enhanced with AI capabilities, integrating components like microphones, speakers, and connectivity modules to interact with users [4] - Different forms of AI toys exist, including interactive dolls and AI modules that can be attached to existing toys, creating a hierarchy based on functionality and target demographics [5][9] - The market is seeing a surge in AI voice box products, but many lack longevity in user engagement, prompting companies to focus on emotional connections and interactive experiences [9][12] Market Dynamics - The rapid response and production capabilities of manufacturers in Huaqiangbei are creating pressure on AI toy startups, as they can quickly replicate successful designs [13][14] - Companies are exploring new business models, including subscription services for software updates and additional features, which diverges from traditional one-time purchase models [12][15] - The emotional and aesthetic appeal of AI toys is crucial for attracting consumers, with companies like Mochi focusing on creating a strong emotional bond through design and interaction [7][11] Competitive Landscape - Established brands like Pop Mart are hesitant to enter the AI toy market, prioritizing their brand identity and emotional value over technological integration [15] - New entrants are experimenting with various pricing strategies and product placements to capture market share, with some targeting specific demographics like young consumers [14][15] - The industry is characterized by a mix of innovation and caution, as companies navigate the balance between technology and emotional engagement in their products [3][15]

Core Viewpoint - The article discusses the controversy surrounding Ctrip's unilateral price adjustments for hotel rooms without merchant consent, highlighting the broader issue of pricing power in the digital economy [2][4]. Group 1: Pricing Power and Market Dynamics - Ctrip utilizes an internal program called "Price Adjustment Assistant" to automatically lower hotel prices if they are found to be higher than competitors, which merchants argue disrupts their business operations [2]. - The issue of pricing power raises questions about whether it belongs to the merchants, platforms, or the market itself, with merchants asserting that they should control pricing as the providers of products and services [2][3]. - The relationship between platforms and merchants is complex, as platforms act as market organizers and control access to consumers, which can indirectly affect merchants' pricing capabilities [2][3]. Group 2: Platform Pricing Strategies - Platforms exhibit diverse pricing control strategies, including direct pricing for self-operated businesses, reference pricing that merchants feel pressured to follow, and minimum price requirements that can create unfair competition [3]. - In the case of Ctrip, the price adjustments made to avoid customer loss fall between reference pricing and minimum pricing, where merchants can refuse but often feel compelled to comply to maintain visibility [3]. Group 3: Impact on Quality and Market Competition - Merchants facing excessive price pressure may resort to cost-cutting measures, leading to a decline in product quality, which poses risks to consumers and distorts the market [4]. - Over-intervention by platforms in pricing can stifle innovation and competition, potentially leading to algorithmic collusion and implicit monopolies [4]. Group 4: Recommendations for Fair Practices - It is essential to delineate between reasonable price interventions and overreach by platforms, emphasizing the need for transparency in pricing mechanisms and compliance review processes [5]. - The ongoing struggle between platforms and merchants raises critical questions about fairness in the digital economy, necessitating careful consideration of pricing authority and boundaries [5].

Group 1 - Xiaomi's first mid-to-large SUV, YU7, features a large smart dimming canopy, highlighting the application of advanced optical materials in automotive design [1] - The core technology supplier for this feature is Guangyi Technology, which provides next-generation electrochromic (EC) smart glass with a shading rate of 99.85% and blocks 99.9% of UV and infrared rays [1] - Guangyi Technology, founded in 2017, is the only company globally capable of mass-producing EC smart glass, with its products already used in over 20 mass-produced vehicle models from brands like NIO, Zeekr, Audi, BYD, and Avita [1] Group 2 - Beyond automotive applications, Guangyi is expanding into building facades and consumer electronics, with its architectural products implemented in multiple green low-carbon demonstration projects in Shanghai and Zhejiang [2] - The company has established a complete technological closed loop from automotive-grade technology to mass production and system integration, positioning itself as a representative enterprise in China for breakthroughs in this field [2] - The industry anticipates that smart dimming glass will expand from automotive applications to aerospace, architecture, and consumer electronics over the next five years, driven by user experience and the demand for differentiated smart cockpits from automakers [2]

Core Viewpoint - The article discusses the modern challenges of emotional stability in an age of information overload and social media, emphasizing the importance of inner freedom and emotional autonomy as a means to maintain mental health and well-being [1][6]. Group 1: Historical Context - Ancient Chinese scholars, such as Su Shi, have deeply understood and practiced the concept of emotional stability, illustrated by the story of Su Shi and the Zen master Fo Yin, which highlights the difficulty of achieving true emotional detachment despite theoretical understanding [2][3]. Group 2: Psychological Insights - Modern psychology supports the ancient wisdom, with theories like emotional autonomy indicating that mature individuals can distinguish their emotions from others and do not base their self-worth on external evaluations [4]. - Cognitive Behavioral Therapy (CBT) aims to help individuals identify and change negative thought patterns, thereby regaining control over their emotions [5]. - Mindfulness training encourages individuals to observe their emotions without becoming entangled in them, reflecting the ancient ideal of remaining unaffected by external disturbances [5]. Group 3: Contemporary Challenges - The current societal landscape presents unprecedented challenges to emotional autonomy, with social media fostering a performative identity, consumerism linking happiness to material possessions, and information overload fragmenting attention [6]. - The difficulty of maintaining inner peace amidst external chaos is underscored by the quote from Pascal, emphasizing the struggle to be alone and quiet in today's world [6]. Group 4: Strategies for Emotional Stability - Developing awareness is crucial; individuals should observe their emotional responses and identify automatic thought patterns [7]. - Clarifying personal values helps individuals resist societal pressures and maintain their emotional integrity [8]. - Establishing boundaries is essential for protecting one's mental space, allowing individuals to say "no" when necessary [8]. - Pursuing a sense of meaning by focusing on personal growth rather than external validation enhances resilience against emotional fluctuations [8]. - The goal is not to achieve a perfect emotional state but to cultivate the ability to coexist with emotions, acknowledging their presence without being controlled by them [8].