Core Viewpoint - Fubon Technology's subsidiary, Forbon Technology Netherlands B.V., has lost a first-instance lawsuit regarding a share transfer dispute, which may reduce the company's net profit by approximately 48.04 million yuan [1][4]. Group 1: Legal Proceedings - The Amsterdam court ruled that Forbon must pay over 610,000 euros in compensation, interest, and litigation fees to HNC [1][3]. - The dispute originated from a 2015 agreement where Forbon planned to acquire 100% of Holland Novochem B.V. but faced disagreements over profit calculations for the final payment [2][3]. - HNC initiated a lawsuit for damages due to delayed payments and received court approval for asset preservation measures against Forbon [3][4]. Group 2: Financial Impact - The total amount payable by Forbon, including statutory commercial interest and litigation costs, is approximately 6.1 million euros [4]. - This financial obligation is expected to reduce Fubon Technology's net profit for 2025 by about 48.04 million yuan, which is over half of the company's net profit of 93.59 million yuan for 2024 [4]. Group 3: Company Response - In response to investor concerns, the company stated it is reviewing its legal and business teams to improve contract management and dispute resolution mechanisms [4]. - Fubon Technology plans to appeal the court's decision, indicating uncertainty regarding the final impact on current and future profits [4].

Core Insights - Ninebot Company held its 2026 Dealer Conference in Changzhou, Jiangsu, showcasing significant achievements and a strategic blueprint for the next decade focused on smart technology, electrification, and globalization [2][3] Group 1: Strategic Vision - CEO Wang Ye emphasized the company's commitment to "incremental growth, not stockpiling; innovation, not internal competition," positioning Ninebot as a disruptor in the two-wheeler industry [3] - The future vision includes three strategic pillars: smart technology, electrification, and globalization, with a focus on expanding into large markets such as Europe, Southeast Asia, Japan, South Korea, and Latin America [5][6] Group 2: Technological Advancements - Ninebot aims to lead the industry into a "universal smart driving" era by equipping all new products with advanced driving systems and the proprietary Nimble OS by 2026 [5] - The company plans to address user range anxiety through advanced battery technology and a rapidly developing fast-charging network, allowing for a significant reduction in charging times [5][9] Group 3: Market Performance - Ninebot's cumulative sales in the Chinese market surpassed 9 million units by September 2025, reflecting strong consumer trust in its technology [6] - The company holds a dominant position in the smart two-wheeler market, with 70% of sales in 2025 attributed to Ninebot [11] Group 4: User Engagement and Safety Initiatives - Ninebot is actively engaging with younger demographics through various initiatives, including collaborations with brand ambassadors and community events [11][14] - The establishment of the "Ninebot Safe Driving Academy" aims to enhance safety awareness and proactive driving skills among users, marking a shift from reactive to preventive safety measures [13][14]

"你吃饭怎么又弄得满身都是"…… （原标题：心理学上说：不要在小事上消耗孩子，这十句话，建议每天读一遍） 生活里，诸如此类的细碎场景每天都在上演。 很多时候，我们忍不住对着孩子的小疏忽、小混乱反复叮嘱、纠正，甚至忍不住批评说教。 "妈妈，我袜子找不到了" "宝宝，你怎么又把玩具扔一地" 读完这些，你有没有松一口气么？ 放过孩子打翻的牛奶，包容孩子没归位的玩具，看淡孩子偶尔的小马虎。 父母少一分在琐事上的苛责，孩子就多一分探索世界的底气。 把目光放长远，守住成长的核心底线，给孩子留足试错的空间，才是育儿路上最智慧的"减法"。 本文转载自微信公众号"Sunny心理师 筑梦心理" 我们却忽略了一个被很多家长忽视的心理学真相：过度在小事上消耗孩子，正在悄悄磨损他们的内驱力 与专注力。 当孩子的精力被一次次拉回到"袜子有没有放好""玩具有没有归位"这类无关成长核心的琐事上时，他们 本该用来探索世界、发展兴趣、建立自信的心理能量，早已在不知不觉中被透支。 以下关于育儿的十句话，建议父母每天都要读一遍： ...

Group 1 - Uber and Lyft are collaborating with Baidu to test autonomous taxi services in the UK by the first half of 2026, using Baidu's Apollo Go RT6 model [2] - Uber has shifted its strategy from in-house development of autonomous driving to partnerships with external technology companies, including a strategic investment in WeRide [2] - The Robotaxi project in the UK is not being executed by WeRide, despite previous interactions with UK officials regarding autonomous driving technology [3] Group 2 - WeRide has reported cumulative losses of approximately 7.87 billion RMB from 2021 to the first three quarters of 2025, indicating that it remains in the investment phase [4] - Autonomous driving companies face high operational costs due to the need for vehicle procurement, sensor systems, and compliance with regulations, which makes profitability challenging [5] - Regulatory restrictions on operational areas and times, along with fluctuating urban travel demand, contribute to the rigid cost structure and unstable revenue for Robotaxi services [5]

（原标题：产科医生马良坤：生育这件小事 | 我们的四分之一世纪） 编者按： 2025 年，经济观察报以 " 我们的四分之一世纪 " 为年终特刊主题，旨在通过数十位时代亲历者 的故事，共绘一幅属于这段岁月的集体记忆图谱。 0:00 与人们印象中步履匆匆、神色凝重的医生形象不同，马良坤总是在笑。 她的一天从清晨六点开始，一小时瑜伽后骑车上班，下班后又骑车赶往瑜伽馆锻炼和冥想，诊疗和运动 的空隙，她用来完成科研和线上线下的科普。 12月的一天，在协和门诊楼三楼产科的诊室里，马良坤正在出诊。她声音明亮，语调柔和，对每位孕妇 问好，听完胎心后顺手扶她们起床。 今年53岁的马良坤身兼多职，是两个孩子的母亲，是北京协和医院（下称"协和"）产科主任医师，还是 拥有数百万粉丝的"网红医生"。 她总是笑盈盈的，脚步轻快，一闪进门，一闪又到了宣教室。送走一位孕妇的间隙，她会从椅子上弹起 来，做上30秒瑜伽拉伸。当另一位孕妇推门而入，她一秒切换回工作状态，笑着打招呼："嚯，这小肚 子！" 其实，在诊室里教孕妇做运动、聊心情，并不是马良坤工作前二十年的工作常态。曾经，她是深夜产房 的"救火队员"，24小时待命，经常面对的是抢救发生胎盘 ...

Core Viewpoint - The article discusses the unique educational approach of "Ugly Duckling School," which caters to students labeled as "problematic" by their parents, focusing on mental health and personal development rather than traditional academic success [1][2][12]. Group 1: School Background and Student Demographics - "Ugly Duckling School" has enrolled over 3,000 students since its establishment in 2011, primarily from first-tier cities, with current enrollment of about 80 students [2][5]. - The school charges approximately 40,000 yuan per semester (around 5,600 USD) and offers summer camps [2][5]. - Many students are sent to the school due to issues like rebellion, depression, and gaming addiction, often at the behest of parents who feel unable to manage their children [2][3]. Group 2: Student Experiences and Mental Health Issues - Students like 12-year-old Du Lin exhibit various emotional and behavioral challenges, including anxiety and difficulty in social interactions, often exacerbated by parental pressure [3][4]. - A significant increase in students with depression and anxiety has been noted since 2020, with estimates suggesting that about 70% of new students may suffer from these issues [6][7]. - A study by Tsinghua University indicated that 16.4% of adolescents face varying degrees of depression risk, highlighting a growing concern for youth mental health [6]. Group 3: Educational Philosophy and Practices - The school emphasizes autonomy and self-identity, allowing students to make decisions regarding activities and personal expression, which helps mitigate the negative psychological impacts of being labeled as "problematic" [9][10]. - The school has no strict dress code or library borrowing requirements, promoting a relaxed environment where students can engage in various activities [10][11]. - A points system has been implemented to encourage positive behavior, allowing students to earn privileges through good conduct and academic performance [10]. Group 4: Teacher and Parental Involvement - Teachers at "Ugly Duckling School" often face challenges due to the unique needs of the students, with many leaving due to the mismatch between their expectations and the reality of teaching "problematic" students [7][8]. - Parents frequently express concerns about their children's experiences at the school, with some resorting to deceptive tactics to enroll their children [6][12]. - The school's founder, Zhan Dazhong, believes that the existence of such schools is a reflection of the pressures of the traditional education system, which often overlooks individual student needs [12][20].

近期召开的中央经济工作会议，对2026年经济工作作出部署，明确提出要坚持内需主导，建设强大国内 市场，坚持创新驱动，加紧培育壮大新动能。会议强调，要深入实施提振消费专项行动，扩大优质商品 和服务供给；实施新一轮重点产业链高质量发展行动；同时因地制宜发展新质生产力，制定服务业扩能 提质行动方案；深化拓展"人工智能+"，完善人工智能治理。 对承担"稳增长、促就业、扩消费"等多重任务的文旅产业而言，这意味着一方面要在扩大内需的大框架 下，更有针对性地激发文旅消费；另一方面要把包括 AI 在内的新技术，真正用到优化供给结构、提升 运营效率上，实现行业高质量发展。 "用什么样的新技术改造传统行业"对于文旅从业者来说，不是一个新的命题，尤其在线上流量红利见顶 之后，行业越来越清楚：仅在平台侧做搜索和交易的微创新远远不够，真正制约旅游目的地增收的，是 其本身的运营效率和产品创新能力。 曾经风靡一时的目的地"一机游"、"一码游"、"一键游"数字文旅平台，在沉寂多年后正在通过AI重获新 生，而这并不能简单理解为一次地方文旅的技术升级。过去一年，人工智能正把中国在线旅游推向新的 时代：游客不再依赖关键词和攻略列表比对，而是直接把 ...

Group 1 - The Kuomintang (KMT) and the People’s Party (PP) have initiated impeachment proceedings against Lai Ching-te, reflecting a significant political move in Taiwan amidst ongoing controversies related to the "Fiscal Revenue and Expenditure Division Act" [2][3] - A public petition for Lai's impeachment garnered over 6 million signatures within 24 hours, indicating substantial public sentiment against him, despite the petition lacking legal weight [2] - The likelihood of successfully impeaching Lai is low due to procedural requirements, including the need for a two-thirds majority in the Legislative Yuan, which the KMT and PP do not currently possess [3] Group 2 - The impeachment effort appears to be more of a publicity campaign aimed at raising the profile of the KMT and PP rather than a genuine attempt to remove Lai from office [4] - Concurrently, the U.S. announced a significant arms sale to Taiwan valued at approximately $11.1 billion, marking the largest such sale to date, which the Taiwanese government welcomed as a sign of strong U.S.-Taiwan relations [5] - Taiwan's defense budget is projected to exceed 3% of GDP next year, with aspirations to reach 5% by 2030, indicating a commitment to enhancing its defense capabilities [5] Group 3 - The political dynamics surrounding the impeachment and U.S. arms sales are likely to provoke responses from China, which has historically reacted strongly to U.S. military support for Taiwan [7][8] - Understanding China's potential countermeasures and the implications of U.S. arms sales on cross-strait military balance is crucial for assessing the future of Taiwan's security environment [8][9]

Core Viewpoint - The modernization of China's financial system is essential for the country's transition to a modern state, with a focus on establishing a strong financial nation through the internationalization of the Renminbi and capital markets [1][2]. Capital Market Internationalization - The construction of a strong financial nation must focus on two indicators: the true internationalization of the Renminbi and the internationalization of capital markets, aiming to establish an international financial center centered on Renminbi-denominated assets [2][3]. - The ultimate goal for the Renminbi is to achieve free circulation as a payment or reserve currency in developed countries, beyond just regional trade settlements [2]. Capital Market Reform Directions - Capital market reform should advance on three levels: 1. A shift in perception from viewing the market solely as a financing tool to recognizing it as an investment market, emphasizing the establishment of incentive mechanisms [3]. 2. Reform of the funding side to reduce excessive constraints on large capital entering equity markets, particularly for commercial insurance funds [3]. 3. Institutional platform reform focusing on legal, regulatory, and rule-based improvements to ensure transparency and prevent fraudulent activities [3]. Core Goals of Capital Market Reform - The primary goal is to "clear mines" by eliminating fraud and deception in the market, with a call for stricter penalties and accountability for violators [4]. - The second goal is to develop a genuine wealth management market, which requires a transparent and trustworthy foundation to attract long-term capital [4]. - The ultimate vision is to establish an international financial center, which necessitates adherence to market-oriented, rule-of-law, and internationalization principles to support the strategy of becoming a strong financial nation [4].

Core Viewpoint - Bvlgari has appointed Laura Burdese as its first female CEO, effective July 1, 2026, succeeding Christophe Babin who has led the brand for over twelve years [1] Group 1: Leadership Transition - Laura Burdese joined Bvlgari in 2022 as Chief Marketing Officer and was promoted to Deputy CEO in 2024, paving the way for her upcoming role [1] - Christophe Babin will continue to play a key role post-transition as Chairman of the Board, CEO of Bvlgari Hotels, and Chairman of the Bvlgari Foundation [1] Group 2: Strategic Direction - Burdese will continue the brand's global growth strategy and will report directly to Stéphane Bianchi, CEO of the Watches and Jewelry division of LVMH [1]